Post
Topic
Board Altcoin Discussion
Re: Is it worth buying other cryptocurrencies other than bitcoin?
by
rahmatullah9305
on 25/07/2021, 18:57:44 UTC
I heard about Bitcoin and ethereum around the same time. Bitcoin was I believe around $15k and ETH was below $200. I couldn't afford to buy 1btc so I didn't buy any and I didn't buy ethereum because I believed Bitcoin was the only genuine crypto currency to buy. But since my discovery of this forum I have found members who believe different. Looking back I see I have lost on both fronts and wasted an opportunity. So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?
When we have plunged into cryptocurrencies, we must be prepared to accept all risks, when we have sufficient capital to buy coins, then you must draw the right conclusions, lest what we doubt haunt us all the time. Seeing your experience with the price of Etherum $ 200 this is an opportunity that does not come a second time, this is experience and in the future you must be prepared with all the risks, the risk of investing or buying and selling coins cannot be avoided, but minimize the risk by learning it first.