Why would you buy an altcoin like dash , IOTA , or SKY instead of a more reliable BTC and Etherum? What makes it worth the risk?
BTC vs Altcoins
Why would you buy BTC in the first place? Are you that rich? In my opinion BTC is only worth if you mine it in a place where energy is cheap
>No.10899530
mining bitcoin requires a lot of expensive hardware and time , i was talking of buying fragments of BTC and if it is better then getting some altcoins
BTC is mature and has less potential for high gains. Alts are gonna moon left and right soon.
Risk needs to be embraced user btc is far too environmentally unsound and clunky
You risk getting low value coins becaue you can buy more than one and if the market rises and you surf the wave you will probably gain more with altcoins instead of btc . I bought some DASH a couple of days ago and i made 30%profit . At least this is the reason I m doing it
BTC offers only financial profits that comes along with expensive hardware and high energy bills . You should research new blockchain projects like Ripple or Sky , better planning for long term investment if you ask me
Ethereum is an alt-coin and it could easily drop sub 100$
Let’s say you have 100 $ to invest . Obviously you will buy crypto when the market is down in the hope that after your purchase it will gain in value. If you get 100 SkyCoin at let s say 2.2$ and you wait until they rise at 4.5 , that means you more than double yor return , doubling your return on BTC means that it should rise from 7 k to 14 k . I think the first investment is more doable
What happens when you buy at 2.2 then you wait 6 months to double a nonsense sum like 100-200$. That s not investing that s waisting time