Why Bitcoin is Better to Invest than Altcoins
bitcoin·@jdruiter·
0.000 HBDWhy Bitcoin is Better to Invest than Altcoins
# Why Bitcoin is the best investment Lets say you start with dollars and that's your reference currency. You want to make more dollars. When I mention *goes up* and *go down* I refer to the dollar $ price. ## 1. Buying When investing in *Bitcoin*, the Bitcoin price goes up. When investing in *altcoins*, the Bitcoin price also goes up. Altcoins like DASH and Litecoin are priced in Bitcoin. If you want to purchase DASH, most people buy Bitcoin first and then exchange that for DASH.  ## 2. Selling When selling *Bitcoins*, the Bitcoin price goes down. When selling *altcoins*, the Bitcoin price stays the same :) Altcoins are sold for Bitcoin, so Bitcoin goes up *vs* that altcoin, but stays the same relative to the dollar. ## Conclusion If you buy a lottery ticket and that ticket gives you 50% change of going up, 25% of going down and 25% of staying the same. Would you buy it? In 2 scenario's, Bitcoin goes up. In one scenario, Bitcoin goes down, and in the last scenario the Bitcoin price stays the same.