Just wondering if everyone invests in Bitcoin or is it worth just focusing on strong altcoins that can 20-50x in the next few years?
It was not advisable to keep and invest in Bitcoin alone but to spread our funds. Yet, I put a huge amount into Bitcoin considering its profitability and we know that this project is the most trusted coin in the market where we can assure ROI. And for the huge number of altcoins now in the market, I consider those in the top 10. Maybe I was wrong but I neglect to buy new coins considering scam issues that mostly happen to them. As I bought these coins, I'd never thought about 20-50x, what I just need is to have a favorable profit when the time has come to sell them.
The problem is that altcoins don't go up 20x-50x in a few years, they do that in a few days or weeks when they are getting pumped. Bagholding them for years hoping that some day someone comes along and pumps them that much is not going to end well as the history suggests.