In the cryptocurrency market, there are two types of crypto. It's Bitcoin and shitcoin. All crypto are in motion and are dominated by bitcoins. The future of bitcoin is unpredictable, you should not trust any shitcoin, including ETH. I believe Bitcoin is a bubble, but
- "Just because a market is in a bubble does not mean it's going to die." Bitcoin has been through over half a dozen big bubbles and increased in price after each one "
If you are a long-term investor, the best way to minimize risk is to invest in bitcoin. As for shitcoin, you should only invest in short term
- "You can make money trading the momentum and hype in shitcoins, just do not invest long term"
For me, investing in bitcoin is not a big loss. This may be a risk but not really something that will take a huge part from you. As we all know or being aware of that bitcoin is actually a good aid specially when you go into investing. By that moment, all you need is faith in bitcoin and a mind set on it.
Yes definitely one should go for investment in Bitcoin.This is because Bitcoin is the most expensive and valuable cryptocurrency in the market even after the fall in price.Even though Bitcoin is taking a lot of time to recover but still it is the best for investment purposes because it is given decent amount of profit returns.Maybe it is risky but yes it is the risk worth taking.Bitcoin can be called as the future of money and it has all the potential to become a global currency.