My bet is to take none of the altcoin investments at this time. Why would you lower your stake with altcoins when either market goes up or down, Bitcoin and ETH have more resistance to it, hence a better investment if you don't want to risk it? Do you think altcoins have a better gain and profit than Bitcoin and ETH when the market back to bull mode?
This is a simple advise that I like the idea. At this moment that bitcoin is not finding balance yet, to invest in projects that are not trusted is not very good decision. Bitcoin is still an assured investment with high opportunity of gains. Investing in shit coins is an effort to try luck for pump not just for a guarantee investment
I certainly agree with this. It isn't the best time to look for our luck in new projects. During this season, only well-established coins can resist the situation. New projects usually crash and fail unexpectedly. So if you will be risking your funds, better risk it in well-founded coins like BTC and ETH. Shit coins are everywhere so we better be wise in choosing coins to invest with.
That's true but everything is down right now. I wouldn't judge your investment based on the price but based on the tech, utility, and business usecases. That's why I am bullish on ICP, XRP and HBAR. Especially HBAR with its enterprise partners.