Post
Topic
Board Bitcoin Discussion
Re: Bitcoin or altcoin?
by
lepbagong
on 22/12/2022, 04:20:22 UTC
In the current crypto market, the value of Bitcoin is compared with the value of AltCoin. It is never possible to get that much profit by investing in altcoins, most of the altcoins are scams. However, by investing in Bitcoins one can avoid facing losses. If the Bitcoin market is down, it will surely rise again. So Bitcoin has the most investments compared to altcoins among the current cryptocurrencies and the future of Bitcoin is the brightest.
totally agree with you buddy, altcoins indeed for the price maybe we can count on it if we want to invest there, but like you said altcoins are very vulnerable to fraud and it's difficult to avoid it at this time. bitcoin is indeed the best and will continue to be the best for investment even though the price may be quite high but we can make purchases with the smallest nominal we can make and continue to save it until the time when the bitcoin price has increased again.
Altcoins are indeed alternative coins besides bitcoin with prices that are somewhat lower and cannot match Bitcoin.
But make no mistake Altcoin consists of many coins and there are many that have good prospects in the future.
Not all Altcoins are used as a means of fraud.
If you compare Atlcoin with Bitcoin, the difference is clear.
From crypto history it is clear that Bitcoin is the first cryptocurrency asset created.
It can be concluded that Bitcoin is the king or crown of all existing types of cryptocurrencies.
Altcoin prices are centered and follow Bitcoin prices, so it is clear that the key to altcoin price movements is in bitcoin itself.
Of course, there are altcoins that can indeed provide a positive and profitable side, but to make an investment, of course, altcoins need to be analyzed first, apart from the altcoins at the best rank currently on CMC.
There are always promising altcoins, but don't be tempted too because without proper analysis, you will fall into altcoin scams, and this is very common for altcoins that are just entering the market.
I really agree, that bitcoin has become the center of attention of every movement so that altcoins will follow what happens to bitcoin.