What do you expect will be the role of bitcoin and altcoin in the upcoming global economic crisis?
i mean i read on several sites that the only way to face the next economic crisis will be to freeze and withdraw some amount of private equities.
In your opinion will this lead to a massive adoption of crypto? given the fact that they are unseizable and in the end bitcoin was born right to face the crisis of the global market of the 2008?
If so what is the best altcoin to buy and hold for the next five years?
You already stated that bitcoin was born to face the crisis in the global market therefore it is the best altcoin to buy and hold for the next five years base on your statement. But with regards to economic crisis and role of crypto, I still don't know whether crypto can solve this crisis.
But right now if I am going to stock a currency that I am going to hold for at least five years then I will surely choose the top 5 currencies as I want to play safe and the top 5 currency will not collapse that easily so I can assure that my investment will not be lost.
Playing safe is not the right term in the crypto investing, at least the safest altcoin is riskier than the risky stock share in the global stock market. Top cryptocurrencies will not have the same profitability during the bull market and the trading ability of such altcoins is not better than low marketcap altcoins. I will invest half in the low marketcap, promising, legit altcoins and hold another half for investing in the top safest altcoins.
All that is just a matter of how to secure assets in an atmosphere of economic crisis. but I am more amenable to securing an asset to be the top altcoin which has high marketcap, because of its potential existence is more recognized and makes the coin has a price. I think it's safer. I prefer to prioritize asset security.