Quote from: Dewi89 on July 18, 2022, 03:01:37 PM

Quote from: fuguebtc on July 18, 2022, 02:15:06 PM

I think you better have some bitcoin in your portfolio, I agree with you that altcoins are more profitable than bitcoin but the higher the return, the higher the risk so you should not invest all your money in altcoins.

More precisely half of the capital is invested in BTC for long term portfolio, I have bad experience have invested all capital in altcoins (besides top altcoins) for the purpose of double profit but everything was not as expected and even suffered high losses. Now my investment focus is only on BTC, ETH and BNB.

I also have similar thoughts, I don’t see why anyone would want to start investing money in cryptocurrency and will decide to go with the altcoins first. It is never possible because a good number of the altcoins are purely dependent on the performance of bitcoin, so if bitcoin is doing badly and you decide to start up with the altcoins, you are going into a huge loss because they do not waste time to dissolve after suffering some harshness from the bear market.