Quote from: RealMalatesta on September 02, 2021, 07:46:24 PM

Quote from: Wawa2013 on September 02, 2021, 06:46:56 AM

Quote from: ROSERTY on September 02, 2021, 02:05:32 AM

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Bitcoin has always dominated the market, so of course the risk of investing in Bitcoin is lower than altcoins. So it is safer to invest in Bitcoin than
altcoins, especially if we are planning a long-term investment, Bitcoin is the best choice. Even altcoins price movements usually follow Bitcoin
price movements. Another advantage of Bitcoin is that if the price falls, it recovers faster than altcoins. Especially for beginners, it is better to focus
on investing in Bitcoin, because making a profit from Bitcoin is indeed easier than investing in altcoins. We just need to be patient waiting for
the Bitcoin price to reach the sell target we want.

The problem here is that when you have something that is low risk, then you usually have low reward with it as well and that is what some people are afraid of. I mean think about it this way, if you have two options, option A is either make 2x profit or lose 50% and option B make 10x profit or lose 90%, then which one would you pick? Many people pick option A which is bitcoin and that is why it is high ranked as well, I understand it and it is certainly something that we should promote, however there are some that pick option B as well, which is basically the option that is altcoins and very risky ones as well.

I have seen people invest into things that looked like scams just so that they could get in, make a ton of money and get out before the scam happens. So, altcoins are not that horrible for some people.

Of the two options you mentioned, I include those who chose option A, because I am not a person who likes to take risks to be able to generate
greater profits. I prefer investing in Bitcoin which is safer, although I know the profits are not great when compared to investing in altcoins.
I also respect people who choose option B, because maybe that person has experience and good analytical skills. So dare to take big risks,
to be able to generate big profits too. In the end everyone has a different decision, whatever decisions we make, we ourselves must bear
the consequences.