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Better to Buy Bitcoin or Altcoins Right Now?

372 ratings | 9900 views
With more blood in the crypto markets today, I thought it would be worth exploring whether now is the time to be investing in Bitcoin VS other altcoins. Let me know what you think! DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make. ▲▲▲▲▲ Looking to get started with cryptocurrencies? Check out my crash course here: https://louis-thomas.teachable.com/p/buying-bitcoin-crash-course/ DONATIONS ♥ ETH: 0xc12f59c4e23dccd369437bbdb09470879d8c0825 ♥ BTC: 1L2LswVmTobmEK8dy6Yw9nWx93Z1zZ1jb3 ♥ LTC: LRXk5EwrR6VJYJcLYZLNY5B1uhoiUchtF5 ♥ GBYTE: 5QRFNHCHE4FN3OR5REYDM7BFJP7EPWIU ♥ Dash: XyAPcaHdZJKuXiruHkAXkKgCMWHfaPFVgc ♥ ETC: 0x3bec3f9e112e719330d1732d60b02724b1b5a76c ♥ ZEC: t1gGY496794uEC4dTPiXitU8nYgXGLm78HH ♥ DGE: DFoVXJTiGKXTPUeztrpmYEWaHtXrBK452y ESSENTIAL CRYPTO RESOURCES ♦ Recommended place to buy Bitcoin/Ethereum: COINBASE - Sign up here: https://www.coinbase.com/join/5897724... ♦ Recommended Wallet: LEDGER NANO S - Available here: https://www.ledgerwallet.com/r/3c47 ♦ Recommended Exchange: (TBA) SOCIAL MEDIA LINKS ● Facebook: https://www.facebook.com/LouisThomasC... ● Twitter: https://twitter.com/LouisThomasYT ● Instagram: https://www.instagram.com/louisthomas... ● Snapchat: louisxthomas ● Steemit: https://steemit.com/@louisthomas CHANNEL RESOURCES ■ My Book: How to Choose a University Available here: http://tinyurl.com/y87e2ce6 ■ Camera: Nikon D5100 (old but affordable) Available here: http://tinyurl.com/y9cslp2u ■ Microphone: RODE VideoMic GO Available here: http://tinyurl.com/y9rceoer ■ Tripod: Polaroid 184cm Available here: http://tinyurl.com/yarefpr9 Panama Hat No Voice by Audionautix is licensed under a Creative Commons Attribution License (https://creativecommons.org/licenses/...) Artist: http://audionautix.com/

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Text Comments (262)
Sungwook Kim (2 months ago)
He 'Louis' has the point which others may neglect or overlook. appreciated.
Ian RJM (3 months ago)
This is btc last hurrah before capitulation. I wouldn't touch anything now. Wait until bottom has been reached and then tested.
Dwayne Cunningham (3 months ago)
Steem, EOS, IOTA, XRP and PAY, are my major holdings, and then I am buying BTC once a month, and will keep doing that, maybe forever.
Crypto Conversations (3 months ago)
Love it...
Deos (3 months ago)
Honestly, things aren't looking good for the long term.
Verdelufe (3 months ago)
Whales are the ones holding BTC value, regular people are leaving even with a loss.
Verdelufe (3 months ago)
Whales are the ones holding BTC value, regular people are leaving even with a loss.
christopher abbott (3 months ago)
Xlm may be on Coinbase sooon
Eric (3 months ago)
XRP is the future.
Khulani Nyathi (3 months ago)
Louis - whats the best way to contact you? followed a link in your bio the other day but I think its been hacked and wanted to forward you the messages lol
LifeAndTimelessArt (3 months ago)
Are your thoughts on litecoin will it reach 1.000??
Peter Farla (3 months ago)
When are you going to use BitTube (decentralized Youtube competitor) for your video’s too?
bowgamer (3 months ago)
hodling 78% eth and then some smaller alts (neo,enj,zec), looking to buy xmr, etc at certain levels.
2guysnatty (4 months ago)
Hey Louis. If you got a sec hit me up
Conspiracy Police (4 months ago)
Hey guys, Is anyone looking into Aegeus? Just stumbled across them on MN Online and they look good, Small community but promising.. Aegeus.io
Peter Petrov (4 months ago)
What's taking the "institutional money" so long? If only the government (which they totally own) permitted them to invest "their hard earned money," then they could try to figure out how to buy Bitcoin like the rest of us! If only they didn't have broken fingers, they too, may one day own a Bitcoin, but unfortunately they do... lol. My point is that the "institutional money" feel very comfortable with the current corrupt financial system because they have total control, and they will be the LAST to join crypto. I hope they never do. Ease of use and adoption of Bitcoin should be our only concern--the rest of them will follow.
DC NEXT (4 months ago)
ZERO until BTC hits 2500-3500 this year. After, all in.
It's Me (4 months ago)
Being interested in crypto and property, I was really looking forward to your property journey too. You made one video a good while ago now and was wondering how all that was going ? A little update vid would be great 👍
It's Me (4 months ago)
Louis Thomas Thanks for your reply Louis, I understand where you are coming from, glad to hear property is still in your future plans.....to be continued.
Louis Thomas (4 months ago)
Heading to Australia next month, so property plans have been put on hold. Spending time right now attending courses, reading books, learning as much as possible. In an ideal world, the Bitcoin ETF is granted, prices pump like crazy and I can pull out a portion to get right into it when I get back in the UK. Most of my money is tied up in crypto atm, so I'd rather not sell any at these sort of prices
Adventure Life (4 months ago)
Beware of Louis Thomas instagram scam!!!
Adventure Life (4 months ago)
Someone is pretending to be him
Guillermo M (4 months ago)
I bought some BCH coins today. 1/10 of the fiat I’m planing to use, it’s scary as we might still have a 50% drawdown. I also mine ZEC, I’m not sure if to keep it of turn it into BCH too.
Fabian Theis (4 months ago)
I agree with you, Louis. Only the big market cap coins will be interesting for big investors. I hope that it will crash even more so I can load up more for long term hodling but nobody can predict the future. I don't expect much interest from institutional investors in cryptocurrencies as long as stock markets perform well and if then only for the reason that cryptos have no correlation to other asset classes (so far). So I think that next stock market crash/recession will show if people put their money in cryptos rather than gold as safe heaven for example or if even more money will be pulled out of the crypto market... We'll see But always thankful for your videos, keep it up!
Oliver Pilak (4 months ago)
Why not do both? Put one third of the new money you want to invest in BTC, ETH and a variety of alts respectively. That way you hedge against shifts within the crypto space.
Martin Clark (4 months ago)
Yes Bitcoin is all you need. 😎
William Sanderson (4 months ago)
Telcoin, Digibyte, Polymath, Bitminutes, Presearch!! ETFs are coming HODL
Max Towers (4 months ago)
Keep up with your alt-coin projects.
Andy Littleton (4 months ago)
very sound advice. thumbs up
BanaynaySalad (4 months ago)
Massive respect for you and your channel man. Always quality, insightful content ZERO clickbait titles. So much honour and integrity. You're the Ned Stark of the crypto-YouTube world my man.
dajosova (4 months ago)
Boy, you'll be the next Elon Musk!!! (Just for the record)
jay pal (4 months ago)
Invest in paying off debt and buy groceries
DigiByte Helper (4 months ago)
Literally everyone in here is a bear and it’s incredibly depressing
DigiByte Helper (4 months ago)
Better stock up on DigiByte. Been around since 2014, has been doing incredibly well lately, better than 99% of the market
Martin Carter (4 months ago)
Always better to buy Bitcoin, rest always fade v BTC
Rabie Alkamouchi (4 months ago)
sirus312 (4 months ago)
zcash is probably one to add to the port
Coinology 101 (4 months ago)
All in Coinbase Coins.
John Wesley Lane (4 months ago)
I left bitcoin 2 months ago all in ETC, increased value...then broke half of the ETC off last month to go in Digibyte....doubled my value there. ETC/DGB are bringing me out of a bitcoin depression!
David Bermudez (4 months ago)
BTC EFTs are coming the question are we ready when BTC GOES PARABOLIC TO MARS? I AM SO BULLISH NOW!! We knew it was coming it’s no coincidence that: 1. Regulations are being set as a “red carpet” for Institutional Investors 2.Coinbase Custodian OPENS THE DOORS to Institutional Investors to make an account for 25 BTC 3.CBOE and CME creates Bitcoin Futures 4.CBOE NOW is asking SEC to approve EFTs GUYS SEC JUST NEEDED DATA OF BTC and they got it from CBOE we will see news this month The parameters look so good for BTC to probably hit $50k or more
Ant C (4 months ago)
BCH XRP ETH are the holds to have invest in them alts wont power like they used to yes the market has wised up
Barrett L (4 months ago)
All altcoins are all failed projects, scams, or simply inferior networks. They are the fools gold of this market, the junk bond, the penny stock. Nobody gains wealth in these, but some people gain initial investment capital..
Eddie Luchford (4 months ago)
https://www.binance.com/?ref=10800638 Best site for buying/trading coins is definitely Binance, you don't need to submit documents to trade up to 2BTC so can buy instantly. It is the best exchange in the world and biggest in terms of volume per day so your money is as safe as it can be. If you sign up using this link you can also get 50% off trading fees.
kingroycrypto (4 months ago)
I'm buying as much ADA, NEO and ICX that I can.
Vanguardas Vucava (4 months ago)
I'm not even surprised to see Litecoin, Digibyte and Ripple shills here. I just wonder where are the Verge, EOS and Electroneum shills. To anyone looking for a good coin to invest in, please do your own research and don't listen to a random comment on youtube with a bunch of likes. Check out NEO, Ontology, THEKEY, Elastos and ICON. Real projects, with real world use, and with real partners. DYOR
Allan Bond (4 months ago)
Qash, Zebi, Quarkchain ☄
Bitcoin, you will regret buying Bitcoin at these prices! Secure at least one Bitcoin and then focus on the alts again. Covesting, Achain and Digibyte are my recommendations.
Dory (4 months ago)
I am buying BTC on linkkoin
Paul C (4 months ago)
Putting fresh money into Mainframe MFT daily at the moment. Think this has a lot of potential. 👌
William Leather (4 months ago)
XRP and Tron >>>>>>> Load up the truck . . . . . better days ahead. . .
D Based (4 months ago)
I am curious on the reasons you think we will see another bullrun?
burak tepe (4 months ago)
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CraveThatCoin (4 months ago)
I'm putting 0 into the market. I think 99% of alts will become worthless and bitcoin is unlikely to ever reach near the previous high Putting anything in the market now is risky especially as most coins have no real use
R James (3 months ago)
There are a lot of new companies using Litecoin. CheapAir.com online travel agent in USA - SurfAir.com. - Tapjets.com - USA private jet companies - VRporn.com. - (bit cheeky). - Overstock.com - online retailer in USA. - Alzashop.com - European Union online retailer - we'll have to see if it takes a week, a month or a year to have an effect. Litecoin mining reward halving 2019! Less new Litecoin entering the market means upward pressure on price. Bitcoin 'halving follows 2020! With BCash (Bitcoin Cash) 'halving' also 2020 'halving' hatrick should push up price!
Quantum Evolution (4 months ago)
what will drive the narrative is SECURITY tokens regulated by governement. this is were the money is @. Big money will invest in those for regulatory purposes
Daithi Deasun (4 months ago)
Bitcoin Private will take over. Sms transactions through a basic nokia phone for all the unbanked people and the privacy coins will win. BTCP being the best privacy coin out there.
Shahid Hamid (4 months ago)
all of investment is in alt coins . good point my Welsh friend
Rick Shae (4 months ago)
Louis, you’re only leaning towards bitcoin more because it didn’t dip as much since January. If ether was still $1,400 you’d be all over that. You’re just following short term price action.
tezb28 (4 months ago)
When the smoke clears XRP will be the most successful. Fuck all that talk about centralized/decentralized just give me the money because I’m in this for the money.
Queen Boadicea (4 months ago)
The dangerous thing here is the assumption that things will turn around and that there will be a new bull market. There is no magic institutional money waiting to jump in and the premise that all these amazing new ETFs will suck in a ton of cash is for the birds. The idea that things can't go much further down from here is nonsense. So called alt coins are simply another way for you to lose money. It's frightening that so many young people are being encouraged to throw their money away on such scams.
David (4 months ago)
The only thing that rises in bear markets is correlation. If Bitcoin keeps dropping, the altcoins will just go to zero.
Stephen Thomas (4 months ago)
Hi Louis, My boat is mored in the background. Now need to sell some crypto to pay for it !!!!!
syrop26 (4 months ago)
What's bitcoin ETF? How is that different from Bitcoin Cash?
Freediver HD (4 months ago)
why do people call them altcoins when they really sh1tco1ns ?
fatBoy (4 months ago)
everyones a genius with a course these days, do you suckers fall for this shit :D
itsShowtime007 (4 months ago)
Buy XRP and BTC. You'll be happy a few years down the road ;)
fabio rodrigues (4 months ago)
brother just check the last time highs from bitcoin gold and bitcoin diamond and you will know wat i meaning
Charlie Nguyen (4 months ago)
I'm basically following the institutional money. BTC,LTC,ETH and possibly ETC because of coinbase and it's a fork of ETH, but 80% LTC
matthew norburn (4 months ago)
Been watching this channel for over a year now. Really found it useful, especially in my early days. Hope you continue to make content and reach 100k subscibers
samjd (4 months ago)
Pretty easy for me. I only buy using cash at a crypto ATM. The only coins available are BTC, LTC, ETH, BCH. I buy all but BCH. Some of the ETH I sell for WTT since I mine there and $0.028/KwH electricity is the only way to mine this bear market.
Silver Crypto (4 months ago)
Buy some fiat with your crypto. :)
Ben Fredrick (4 months ago)
Nice job. Looking forward to doing a video on some strategies. Especially the Martingale Money Management.
Jackson Harry (4 months ago)
My account manager doesn't put me through. It's the first time I'm knowing all these.
Alex Sutherland (4 months ago)
Is it possible for One Account Manager to handle more than one account?
Hudson James (4 months ago)
I've been having losses, but seeing this strategy gives me a new hope, I feel it's possible to earn with the right strategy applied.
Ben Fredrick (4 months ago)
I'd drop my contact for more enquiries. benfredricky(a)gmail. Com Thanks for giving me the platform.
Edwards Peterson (4 months ago)
We don't cease learning in This Trade. Everyday a new information. Kudos Ben
OhGeeGanksta (4 months ago)
Right now right now? I'd rather hold in fiat, but if you had to choose between btc and altcoins, it'd be btc right now b/c the market is experiencing extreme volatility (even more than usual).
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purejunks (4 months ago)
Loading up on Dropil
Zuver (4 months ago)
6:01 Clearly you don't do your research on XRP at ALL. FINCEN already made it clear a few years ago that XRP IS a CURRENCY.
陳Jet (4 months ago)
What about privacy coins like DASH, XMR, ZEC or BTCP? Or exchange coins like BNB & HT? They don't hold much promise/potential?
陳Jet (4 months ago)
Daithi Deasun ...😂 I admire ur confidence. I guess time will tell. Meanwhile maybe u can share some info on other privacy coin like DASH, ZEC, PIVX, ZCL, SMART & PART 😙
Daithi Deasun (4 months ago)
陳Jet Bitcoin Private will take over all privacy coins. Monero, verge are not 100% private and BTCP with sms transactions through a basic nokia phone, for a the unbanked people.
Stephen (4 months ago)
Dude, you doing it wrong. You should be 50-70-% in Tether now. Just bc alts dropped 90% from ath doesnt meant they cant drop another 90%. Market was overvalued based on speculation, tech didnt progress, no mass adoption. There is less and less new money entering crypto, google trends reflects market sentiment. Dont think its too late to sell, btc can go down to 1-2k and think whats that gonna do to alts.
Daily Crypto Report (4 months ago)
You don't put your money into Alts until Bitcoin shows bullish signs, which hasn't happened since April!
noodlesdoctor (4 months ago)
The next bull run could be years away!
ETH (4 months ago)
Tether is an alt coin right?
Doug Griffiths (4 months ago)
Digibyte is the most speedy, robust, stable blockchain out there. You're welcome.
Dwayne Cunningham (3 months ago)
uhhhh... no it isn't.
Yes! Achain has the most potential. Love them both!
DAMN. (4 months ago)
Doug Griffiths yes you're right, Digibyte will get you the speediest cars
RuggedBanana (4 months ago)
Bitcoin is a legend. Everyone loves litecoin but bitcoin cash is kind of messing things up for litecoin and the litecoin founder selling off ALL of his litecoin hurt the price a lot too. It's a shame because litecoin is a serious faveorite by many.
Anthony Burin (4 months ago)
The best faucet bitcoin Le meilleur faucet bitcoin Sign in : S'inscrire : https://cointiply.com/r/ZZK5Y
Amit’s Blockchain (4 months ago)
Louis, How do you see TRON it has down from 30 cents to 3 or might crash in crashing market.
Michael Coughlan (4 months ago)
Institutional money is coming to BTC first. You said it. I just bought into it for the very first time for that reason, among others.
elenayianni (4 months ago)
Were you standing on water? My sea legs aren’t what they used to be...
Dry Dessert (4 months ago)
I find it easy actually to filter out the poor projects. I have only 1 investment that has a high chance of not going anywhere. 2 more are in a limbo. My biggest holdings are looking very promising –subjectively.. That's why the overall observation that most ICOs and alts fail is relatively pointless to me. It depends on the amount of research you put in and ones ability to make decisions that work out. Wether it pans out for me can be answered in a few months, I suppose. –– Holdings: Horizon State (e-voting, support by the political and commerce elite, partnership with U.N. and a 90 million voters organisation in Indonesia), Pascal Coin (instant transactions, highly scalable, lean small blockchain, Smart Contracts coming, small market cap), Electrify Asia, OmniTude (I think, their tokens can't be traded, yet), PikcioChain (well-connected project based on Neo, working with BNP Parisbas and other major companies), Snovio, Fusion, SalPay (SalPay is pretty high risk, depends on regulators in Philippines to play ball. Progress is slow. Team communication suboptimal), Zebi (I would not recommend them at the moment.). Small position: NavCoin (very pragmatic approach to Crypto currency + smart contracts. Anonymous transactions are optional. Smart Contracts in development – will be NOT touring complete which makes them easy to develop, deploy and very light for the nodes to process). Buy list: Eximchain, Cindicator, PayPie. Not fully researched: IOTX, Venox (very specific reasons, can't publicly discuss), Hydrogen. Disclaimer: This is not financial advice. I am risk aware but willing to take pretty high risk of loss for high gains. I am able to take high degrees of psychological pain. This would NOT work for most people. -- For less risk, I would look at Icon ICX, Stellar Lumens, Binance BNB, OMG, Ontology, Decred, HShare, BAT, KCS, Aion.
Rich0292 (4 months ago)
Dry Dessert Well I agree with you on Decred. The only one you listed I'll be investing in.
Craig Shaw (4 months ago)
G'day Louis. Love your videos. Was want to know you views on 2 of the coins I have which are Dent and Havven. Also I'm interested in hearing your thoughts on the story of Western Union looking into cryptocurrancy and if so what coins would be appealing to them? Keep up the great work Louis 👍👍👍
Temple Ray (4 months ago)
i think tokenpay is going to be a giant in crypto .and its going to make alot of people rich. tokenpay and litecoin are partners there buying a bank together and charlie lee is a advisor for tokenpay also
M3rg3 (4 months ago)
Mate you’re punishing anyone who has the courtesy to stay until the end of the video - that yodling ditty is killing me, and jinxing the entire crypto market... Louis these are desperate times. I have consolidated my holdings across the top 15 market cap coins starting with BTC at 51% then Eth 40% and the rest scaling down. Seems a fair play in this market for now...
Daniel Diaz (4 months ago)
Adding to my $ELA, $ADA, $IOTA, $VET and maybe $NEO.
Will C (4 months ago)
If I could recommend one project for the future, it would be...... BITDEGREE!!!!!! wasawasawasa..... Kidding lol
Crypto Smash (4 months ago)
HotHotstop (4 months ago)
I think you should go back to uni. We need to go to 85% drop from ath
greymenTv (4 months ago)
You fooled us. There never was a flippening.
Andre Copsey (4 months ago)
Hay buddy. I'm DCAing Cardano at the moment. I got my stash of ethereum ready and waiting, do you think you could say a few words on what you think of cardano. I have done quite a bit of research and really like what they say and the peer to peer review they do. Cheers
borg386 (4 months ago)
Great video! My plan is to buy amap whilst everything is on sale.
Travis John Henry (4 months ago)
peskypaul (4 months ago)
All spare fiat going straight into OMG
THE VISUAL ONE (4 months ago)
Oh god......that's to much guess work.....just buy and hold btc for the long term......you will be happy you did
avq5 (4 months ago)
Great topic and a very good time to bring it up. I wish every crypto youtuber would do a video like this.
Christoffer Pio (4 months ago)
Vertcoin, Ark and Neo will soon be gone and forgotten
Deos (3 months ago)
That's what you think.
red onion (4 months ago)
Xrp fam 💪
Crypto Panic (4 months ago)
I suggest you panic instead.
R James (4 months ago)
Check out Alessio Rastani latest Bitcoin Prediction - top U.K. Trader!

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