Bitcoin was the first of its kind, i first heard of it in 2011, and didn't think anything of it.... i feel very few people at first didn't invest much, but the people who did invest didn't have to invest much money, when it first came out, if you had invested $10, you would have a nice fortune now....because its sitting in the thousands now, i feel very few people for this reason wont invest in it, even if i did a $1000 now, i think it would take forever to see a huge outcome compared to the first investors. i feel the majority of the overall bitcoin online is from people who first bought in. Due to this i get the impression bitcoin will fall drastically here soon.
Now that people see the uses and market for online currencys, a lot more people are paying attention to it, due to this, I'm feel the average person will invest in other coins like ethereum, ltc....etc, hoping for a big outcome like bitcoin had.
Any opinions/advice is welcomed
Now that people see the uses and market for online currencys, a lot more people are paying attention to it, due to this, I'm feel the average person will invest in other coins like ethereum, ltc....etc, hoping for a big outcome like bitcoin had.
Any opinions/advice is welcomed
Only idiots would invest in garbage with low marketcaps hoping that they pump, and this is what people that invest in random altcoins hope.
People that's smart and want a position in crypto will still have Bitcoin as the #1 time-tested store of value to hold. You can release as many altcoins as you want, none can claim 8 years of uptime and counting.
This is not as easy as "oh BTC will not go up anymore because it's too high already, let's buy shitcoin X"
In fact, BTC marketcap is still tiny compared to the rest of the world, so you are still early.