Bitcoin or Altcoins? Which is best for going Long?

Bitcoin or Altcoins? Which is best for going Long?

By CryptoPk | Blockchaintech | 2 Mar 2020


Hello readers, today I want to discuss the giant of cryptocurrency and I will not be wrong if i say the father of cryptography which is 'Bitcoin'. Which rose from 0.01$ per coin to 10,000$ a coin to a maximum of 21,950$ per coin back in 2017 after the halving of 2016. There were days back in 2009 when buying pizza were costed around 2000 bitcoins but now it's worth millions of USD. 

But the story is that bitcoin has achieved maximum gain so far which is 100,000% or above if we consider 0.01$ and 20,000$ of the maximum value. Halving event which is the 3rd one is coming in 2021 and many of the experts expected the price of cryptocurrencies to rise similar to 2016 end and 2017 Q1. The market may respond beyond the imagination, some says bitcoin will cripple to 35,000$ a coin, some about 60 to 70K a coin, and Some have crossed the limit of prediction by saying bitcoin would reach 100,000$ a coin or quarter a million USD a coin which looks like a dream or so. but the best bet according to me is the ALT coin for the maximum gain. 

351665157-d44e5008493456f846ded5c6c974c6338047733d127a2eb20ff3e60ca4b61569.jpeg

Back in 2017, there was the time when Ethereum came face to face with the giant bitcoin and in terms of total market cap bitcoin was around 37% of the market but the ETH rose to 31% of the total market thus all altcoins combines beat the hell out of bitcoin back then. but now bitcoin has sustained again with a market cap of more than 60 to 65% of the total. this trend will not last much longer and after Ethereum 2.0 release it is expected by many investors that Altcoins will again win the war between the giant Bitcoin and Ethereum specifically.

We are hoping for the market to respond positively, however, there is always the factor of risk while you are investing your money. I would like to suggest to you that do not invest from your earning or by taking a loan. Only invest from your savings, as it is said by the wise men that 'do not invest what you cant afford to lose'. 

351665157-1f9e67b8ec4cc8ca435313f361b7998c1bebc50ad49b1a58e6d5b01ca7a92589.jpeg

I wish every investor out there either short or long a happy ending in crypto and we hope the market will rise according to our expectation and the golden era of crypto will come after the mass adoption. cheers!

Thanks for reading, guys! If you like my article and desire to get up to date on the trendy crypto market and blockchain, Hit the follow button. Also, if you would like to support me, feel free to donate to the under addresses. Your help is wholeheartedly liked! Thank you!!!!

 

BTC Address: 17aMCkNW68gi9pUZ9f13ewpo9PzK6QQPan
ETH/BAT Address: 0x92150e9cbee7dd5c1d6801fb7d116b853eda44c3

How do you rate this article?


1

1

CryptoPk
CryptoPk

Crypto enthusiast and trader


Blockchaintech
Blockchaintech

We all are here because we believe in blockchain tech to be the future of the economy and ecosystem. right? .. so register at publish0x with my link if you like my content: https://www.publish0x.com?a=LDdwzwgb1Y

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.