Post
Topic
Board Speculation (Altcoins)
Re: I am not investing in Bitcoin, I am staying with Altcoins
by
ChaoChibai
on 23/07/2021, 22:53:28 UTC
I am not investing in Bitcoin, I am staying with Altcoins

Why I am choosing altcoins is because bitcoin is now too much volatile and there is too much hype regarding Bitcoin, Altcoins will be recovered soon and will be hitting to new highs, but in case of Bitcoin, We are not sure that when this bubble explodes. Since we are not sure, investment in altcoin is only the safest option.

But I think bitcoin have its own advantage compare to altcoins. Bitcoin is the first cryptocurrency and it become one of the superiority among all coins including altcoin. Also in my opinion, the volatility of bitcoin is as much as the altcoins, because it is so usual in the market that the price of altcoins is following the price of bitcoin. If the price of bitcoin is increasing, alts will follow.