#8
Small investors probably still cannot afford investing on Bitcoin as it is obviously a huge investment. Starting with altcoins is not a bad choice. It could be a good training ground as for when they enter the Bitcoin market. Still, I would recommend investing on more popular ones that those that are totally new to the market.
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#7
I don't think there is anything wrong with investing on altcoins. Indeed, Bitcoin has proven itself and could be considered the most established cryptocurrency but let us also not invalidate other coins. If other investors decide to invest on altcoins aside from Bitcoin, then it's fine. They would still surely earn from that.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#6
I haven't thought about it. I see your point. Since Bitcoin is large-scale, the price movement that it makes is small in percentage. Unlike with the altcoins.Originally Posted by PALM
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#5
As a small investor, you stand the chance to gain more from buying good altcoin than investing on btc, because even if btc price increases you can only have a slight increase, while if you buy alts, e.g bnb and the price goes really high, you will definitely profit more, because in this case, you can afford a good number of that altcoin.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#4
It's a common occurrence. The people who like to invest in Altcoin are twice the current # of investment of the Bitcoin.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#3
The misconception of other new investors thinks that altcoins will be on par with bitcoin. They buy a huge amount of altcoins in thinking that someday it will be as high as bitcoin but that doesn't how the market works.
As we daily tackle with the market, it's very common to see that altcoins and bitcoin are always volatile as it is. There is no exact price that it will be as we are thinking. You're right, many are losing because they're committed to altcoins. That's fine if they are also in altcoins but the larger part must be in bitcoin.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#2
it is a well known fact that altcoins have always gotten dumped whenever bitcoin price moves both up and down. it is mainly because all traders are trying to increase the amount of bitcoin they have to maximize their profit and that means dumping altcoins and going back to bitcoin. of course altcoins being mainly pump and dumps doesn't make things any easier for altcoin traders.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#1
Small Investors are losing Bitcoin by Investing in Altcoins?
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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