Re: How reasonable is the long-term investment in Altcoins?
Many altcoins grow in price even more that Bitcoin. That is why people are looking for a new and prospective projects for investment.
This is only true of the short-term however, during a bull market, like in 2021 or 2017. In the long-term 99.9% of these projects lose their value against Bitcoin, not gain it.
The only reason you don't hear about these projects is because they aren't in the Top 100 anymore and no-one talks about them...
Bitcoin is overvalued now and it is impossible to earn much on Bitcoin investment.
That's ironic as the reason I've been taking satoshi profits for the past 6 months, since investing in altcoins earlier in the year, is because I find many overvalued right now.
I don't think it's impossible to earn much on a Bitcoin investment, as you can trade altcoins in order to stack more satoshis for the long-term
