Yeah you're right mate, buying bitcoin is the most essential right now especially when you are wiser enough and become more patient for all our decision making.And for the US taxes we don't care if we pay taxes as long as we have a huge income in crypto currency.
I don't just invest alone in Bitcoin, it is safer to spread our funds to different coins in the market. There are several potential altcoins available and sometimes they are more profitable than Bitcoin. Maybe I was wrong but I have some experience with them that is why I keep buying new projects for short-term trades and sell them when hypes have come.
Well, that seems to be risky but sometimes we have to gamble.
Buy good coins in the market, this will allows you to earn more profit because Bitcoin is not the only good coin to invest with, there’s a lot of good altcoins as well and this is advisable, to diversify your investment and never put all your money in one basket only. New projects are more risky, if you want at least a sure profit always go for the best options, have at least 5 active coins in your wallet and take profit always.
I agree that not only Bitcoin is good for investment, there are also many popular altcoins that are worth buying and can generate profits. It is advisable
for beginners who do not have good knowledge and analytical skills to avoid investing in new projects. I say that, because very few new projects can
be successful in bringing us profit, because most new projects are only used for pump and dump. Which can result in us losing money if we sell late at
the right time, my advice if we want to invest in altcoins, choose coins that are included in the top 10 cryptos on coinmarketcap.