Quote from: ipanks on Today at 11:37:03 AM

Quote from: Wong Gendheng on Today at 04:26:17 AM

Quote from: ipanks on September 02, 2021, 02:50:47 PM

Bitcoin will be the first thing we should have and then altcoin because bitcoin can give us a big profit. Some people are trying to buy altcoin first then buy bitcoin because they think that with so many altcoins at the market, they can get huge profits from various coins and that profit can be in bitcoin forms. So that means it will be the same thing because, in the end, they will have bitcoin and be ready to sell at a high price.

But I suggest you buy bitcoin and altcoin to give you a chance to make more profit. It will depend on each people because I am sure that we have a different plan to make a profit.

Buying both of course is something that we must do, bitcoin has always been a measure of the price of altcoins so it is suitable to be the safest and most profitable long-term investment, while altcoins are the best opportunity for big profits in the short term, although today many altcoins continue to skyrocket such as BNB, Cardano and Ethereum.

Indeed. I agree with that. People should know how to use bitcoin and altcoin if they want to use them for their investment. Bitcoin will be a long-term investment and altcoin will be a short-term investment, but Bitcoin can also be a short-term investment depending on how the price moves. When we can use it properly, I am sure our profit will be bigger and we can buy many altcoins to be our short-term investment and not just BNB, Cardano, and Ethereum.

At first glance, it looks easy and very sweet, buys and profit. The real problem when we buy Alts is that few people (including me) are not able to analyze the quality of the price of the coin, sometimes we see a coin with such a large community, the development team looks professional and solid and the product service provided looks very good. But many coins like that sometimes trap our emotional game, high volatility and very unstable volume sometimes make our hands itchy to sell so easily when the price looks down sharply, then try to buy back below, but what happens then is the price getting down, and when it decided to leave, the coin bounced.