Post
Topic
Board Speculation
Re: No BTC Holding is risky
by
batang_bitcoin
on 19/08/2021, 11:54:56 UTC
I think, Not only does fiat depreciate due to banknote printers, but when you play the lottery with altcoins, it will also be subject to bitcoin .
There's a chance with very few altcoins that can pump more than 100% but the risk is very much high. Unlike buying and holding bitcoin, you're like in a safe haven that you don't have to think of that much risk because it's the best and safest of them all despite being highly volatile. And most of the altcoins are also affected with every bitcoin's drop and rise.

So, it's best to hold bitcoin and prioritize it for a drawer before thinking about diversifying into altcoins
Exactly, this is where others get it wrong. They prioritizes different thing rather than owning bitcoin first.