Bitcoin vs Altcoins: Which Should You Invest in?

[Suba]

This question often appears in the crypto community, and is generally asked by newcomers, this time I will present it to RIF so that it can be useful for everyone. Before going into more detail, we need to outline the advantages and disadvantages between Bitcoin and Altcoins.
The advantages of Bitcoin have been spread/adopted almost all over the world, it is recognized as a transaction tool with the highest liquidity, the risk of fraud is small, the price is more stable compared to Altcoins. Meanwhile, the drawback of Bitcoin is the high price.
The advantages of Altcoin provide more features that are not owned by the Bitcoin blockchain. prices are relatively cheaper, transaction fees are cheaper than Bitcoin transaction fees. Transactions are faster. While the disadvantages of Altcoins are that prices are not stable, the level of fluctuation is higher, Altcoins are more widely used as a means of fraud.

 

[Yohanna]

I would prefer to invest in Bitcoin because it is what I know about and I can study it critically.

 

[Suba]

I would prefer to invest in Bitcoin because it is what I know about and I can study it critically.

Bitcoin is preferred by more people as a promising investment instrument than Altcoins, even though Bitcoin fluctuations are more stable than Altcoin fluctuations. Bitcoin is not prone to Fomo or fud issues.

 

[Yohanna]

Bitcoin is preferred by more people as a promising investment instrument than Altcoins, even though Bitcoin fluctuations are more stable than Altcoin fluctuations. Bitcoin is not prone to Fomo or fud issues.

Cryptocurrency fluctuation is more stable in other form of cryptocurrencies than bitcoin.

 

[Suba]

Cryptocurrency fluctuation is more stable in other form of cryptocurrencies than bitcoin.

Even though it would be better if you have invested in Bitcoin, you also have Altcoins, especially Altcoins that have a high market cap, so it will be safer. Like I'm doing right now.

 

[Blessed19]

In as much as I would like to invest in Bitcoin more than any other Altcoin, the price value if Bitcoin makes it simply impossible to invest a reasonable amount and be a holder of something huge in the coin but rather a fraction of it and so therefore I would invest in either Altcoins or memecoins and get my profits gathered to be able to invest better in Bitcoin.