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[AudraMiller]

When it comes to investing in any cryptocurrency there's a lot of different choices that you can make free calls there are various different cryptocurrency coins that are coming out on a daily basis. Typically people that are new to cryptocurrency invest in Bitcoin because it is beneficial cryptocurrency and as a result it is the most well-known coin. However recent research has shown that many of the companies and institutions that are getting involved in cryptocurrency are actually moving to alternative cryptocurrencies namely cardano and ethereum. Why do you think that there has been an increase in these alternative cryptocurrencies of a bitcoin considering the fact that bitcoin is deemed to be the most well-known cryptocurrency out there?

 

[GoldenLady]

When it comes to investing in any cryptocurrency there's a lot of different choices that you can make free calls there are various different cryptocurrency coins that are coming out on a daily basis. Typically people that are new to cryptocurrency invest in Bitcoin because it is beneficial cryptocurrency and as a result it is the most well-known coin. However recent research has shown that many of the companies and institutions that are getting involved in cryptocurrency are actually moving to alternative cryptocurrencies namely cardano and ethereum. Why do you think that there has been an increase in these alternative cryptocurrencies of a bitcoin considering the fact that bitcoin is deemed to be the most well-known cryptocurrency out there?

I believe it's because if the development on these block chains. While Bitcoin is king, it's still limited in functionality compared to the other two.

 

[AudraMiller]

I believe it's because if the development on these block chains. While Bitcoin is king, it's still limited in functionality compared to the other two.

This is a good point, and i think that the transactions fees is one of the main things that will deter people away from bitcoin because it can be quite costly to make use of or even to withdraw from an exchange.

 

[Niftyicon]

When it comes to institutional investors, I doubt the fees would be the issue and as much as they may be interested in those altcoins, most still have a percentage of their portfolio in bitcoin.

 

[Acrosin]

Amid the popularity gained by the altcoins, Bitcoin will still remain the number one. But I like the fact that they are keeping the competition heavy and people can diversify their coins and profit from them

 

[Makaliki]

The price and transactions fee of the bitcoin are very high as it is the king of crypto coins. Because these factors (price and transaction fee) the people attention towards bitcoin are now dropping and they are now paying attention to small coins.

 

[Brain]

Despite the fact that transacting in Bitcoin brings higher fees but I don't think it has deter people from still investing in it. So Bitcoin is still on top and no 1 for now

 

[Sotherefore]

When it comes to investing in any cryptocurrency there's a lot of different choices that you can make free calls there are various different cryptocurrency coins that are coming out on a daily basis. Typically people that are new to cryptocurrency invest in Bitcoin because it is beneficial cryptocurrency and as a result it is the most well-known coin. However recent research has shown that many of the companies and institutions that are getting involved in cryptocurrency are actually moving to alternative cryptocurrencies namely cardano and ethereum. Why do you think that there has been an increase in these alternative cryptocurrencies of a bitcoin considering the fact that bitcoin is deemed to be the most well-known cryptocurrency out there?

What I am seeing there is that bitcoins is a huge cryptocurrency with so much market cap but there are some smaller cryptocurrency that can give you a higher profit because of it low market cap compared to what bitcoin will give you ,that is the reason a lot of people are moving from bitcoins to other cryptocurrency.

 

[AudraMiller]

What I am seeing there is that bitcoins is a huge cryptocurrency with so much market cap but there are some smaller cryptocurrency that can give you a higher profit because of it low market cap compared to what bitcoin will give you ,that is the reason a lot of people are moving from bitcoins to other cryptocurrency.

That is true. With a small coin, a one cent change can mean a much larger percentage change and that is hat is important if you are looking to get a good value for your investment. Hence it could be why people are flocking towards it.

 

[07Trinity]

Amid the popularity gained by the altcoins, Bitcoin will still remain the number one. But I like the fact that they are keeping the competition heavy and people can diversify their coins and profit from them

Bitcoin will always stand tall no matter what,but we should realise that some top coins we had in the past have died a natural death because they fail to carry out project bro boost the coin.

 

[Sotherefore]

That is true. With a small coin, a one cent change can mean a much larger percentage change and that is hat is important if you are looking to get a good value for your investment. Hence it could be why people are flocking towards it.

Seriously I can't even imagine investing so much money in Bitcoins for now because there are some smaller cryptocurrency that can be able to give me more profit in the future than what bitcoins is going to give,I most prefer altcoins

 

[leithy]

For myself, and I am not a whale or large holder, two items put me off bitcoin and onto other cryptos. The first is the fee for bitcoin transactions and the second is staking returns are higher on altcoins.

 

[Mariappa45]

When you see the price of BTC going up so high, as a small trader, you wouldn't consider investing at that time, because the price is way off your budget. Meanwhile, you'll simply go for lower altcoins or even Defi coins with huge potential to invest your funds which will get you reasonable amount of the token.

 

[AudraMiller]

When you see the price of BTC going up so high, as a small trader, you wouldn't consider investing at that time, because the price is way off your budget. Meanwhile, you'll simply go for lower altcoins or even Defi coins with huge potential to invest your funds which will get you reasonable amount of the token.

I do agree with you, however the one thing that people should look at as well is the percentage change in price that you are seeing in the coin on a daily basis. For example if the smaller altcoins are seeing a rise of 5% and the bitcoin price is seeing a rise of 8% then you are better of buying bitcoin despite getting less of the coin because it will show more of a return on the investment. Therefore you have to look at this percentage as well.

 

[Mariappa45]

I do agree with you, however the one thing that people should look at as well is the percentage change in price that you are seeing in the coin on a daily basis. For example if the smaller altcoins are seeing a rise of 5% and the bitcoin price is seeing a rise of 8% then you are better of buying bitcoin despite getting less of the coin because it will show more of a return on the investment. Therefore you have to look at this percentage as well.

No, you'll gain more when you invest in a smaller coin that made 5% increase in a day than when BTC even make increase of 10% in a day. For instance you bought dogecoin when the price increased from $0.30 to $0.35, and you bought like $100 of dogecoin, that's a huge profit compared to when you bought BTC when the price is way off your capital. You'll just earn little from your investment.

 

[AudraMiller]

No, you'll gain more when you invest in a smaller coin that made 5% increase in a day than when BTC even make increase of 10% in a day. For instance you bought dogecoin when the price increased from $0.30 to $0.35, and you bought like $100 of dogecoin, that's a huge profit compared to when you bought BTC when the price is way off your capital. You'll just earn little from your investment.

If you are looking at percentage rise, then the profit that you can get on bitcoin and dogecoin, if there is a similar percentage rise would be the same. For example if you invest 100 dollars in bitcoin or dogecoin, then a five percent rise will be able to give you a five dollar profit in your investment no matter the coin that you have invested in. That is why the percentage is very important.

 

[Mariappa45]

If you are looking at percentage rise, then the profit that you can get on bitcoin and dogecoin, if there is a similar percentage rise would be the same. For example if you invest 100 dollars in bitcoin or dogecoin, then a five percent rise will be able to give you a five dollar profit in your investment no matter the coin that you have invested in. That is why the percentage is very important.

Okay, you tried in your analysis too.i believe now it can earn same amount of money with other coins provided the percentage of increase is reasonable. Sometimes I love investing via small coins with huge potential for profit because they can simply move very high in price with in short period of time and get the necessary profit. In order to spot such kind of coin, serious hard work is needed to research about them to discover the hidden profit yielding coin.

 

[Balint098]

Because many altcoins are offering various advantages that bitcoin could not offer. Plus, many people who are into bitcoin invest into it for the long term plan, so they talk less about it. Short term trading generate more buzz on the internet than long term investors.

 

[Ononivami1]

I will not agree completely with your notion on the that the attention given to bitcoin is decreasing while that of altcoin are increasing. The attention to altcoins are truly increasing because smaller investors are getting involved in the altcoins. The big names in industries, countries and so on are more involved in bitcoin investment.

 

[AudraMiller]

Okay, you tried in your analysis too.i believe now it can earn same amount of money with other coins provided the percentage of increase is reasonable. Sometimes I love investing via small coins with huge potential for profit because they can simply move very high in price with in short period of time and get the necessary profit. In order to spot such kind of coin, serious hard work is needed to research about them to discover the hidden profit yielding coin.

Small coins can be very helpful if you are looking to make a profit in a short term in my opinion, because i think that there are some coins that will see a massive rise in price in their early days. That is what i noticed when it comes to the small cryptocurrency coins that are new to the market. There is a massive rise followed by the fall of the cryptocurrency coins slowly.