Post
Topic
Board Speculation (Altcoins)
Re: I am not investing in Bitcoin, I am staying with Altcoins
by
Argoo
on 31/07/2021, 05:02:13 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.

Obviously it's your money and you have the right where to invest it nobody can force you to invest in BTC, probably you will have done deep research about investing in altcoins hence you're pretty confident and giving much priority to altcoins over BTC, well best of luck with your investment in altcoins hopefully it will bring benefits for you.
Well, investing in bitcoin today and at its current relatively high price already poses a little more risk than it used to be. Your reasoning has its own logic. However, while investing in it is still safe from the point of view of the safety of our investments and their profitability. There must be several more cycles of significant rise in the price of bitcoin and its fall before the investment risk reaches its redline.
It should always be remembered that the cryptocurrency market is volatile and influenced by various negative news.