An altcoin is one of the volatile be ventures in cryptocurrency but also. the. most lucrative if an investor makes the right choice in the right context of things. With the recent hype of the cryptocurrency market, a lot of altcoin holders may have different views on the further and this can prove positive or negative.
Right choice among so many altcoins is a tough decision to make. But there comes the choice of Bitcoin and altcoins. If you are going into bitcoin you may let less excitement about new things in this sector but there are some profits worth making. While it is true that altcoins can go big it does not mean every coin will be big.
But you can say that Bitcoin will always be profitable. Volatility of Bitcoin remains between 10-15% every year though. So buy at a low price and you are bound to go in profit in the next few years.
Altcoins are always risky to invest and in fact this altcoin market has been the scammer's playground, so making it as a right investment is not everyone's preferred option. Though some wise investors have made it big from altcoins, but majority still trust bitcoin and sees bitcoin as the right choice for investment. However, investing in bitcoin and with good and established altcoins, that creates a good diversification for investment which is also proven to lower the risk of losing and increase the chances to gain huge profits.
Investing in Bitcoin which is much safer, because it has been proven that the price continues to rise every year. Very different from altcoins,
because with so many altcoins in circulation, we have to be careful choosing altcoins for investment. Due to the fact that many altcoins
in circulation have no clear function and were created just for pump and dump. In fact, quite a lot of altcoins end up being scams, therefore
it can be said that investing in altcoins is very risky. If we don't have good research and analysis skills, it's better to just focus on investing
in Bitcoin. We can also take less risk by choosing to invest in top altcoins, which usually has a high demand and always follows the direction of
Bitcoin movement. So investing in top altcoins is indeed safer.