Quote from: Daniel91 on December 04, 2022, 07:51:53 AM

Looking at what's going on in the crypto market right now, investing in bitcoin and holding it really seems like the safest option.
It can be said that there is already a rule that when bitcoin rises, altcoins rise even faster, but when bitcoin falls, all altcoins fall, much more than bitcoin, and many altcoins never recover, unlike bitcoin, which has been around for 13 years.
I still regret my mistake when I invested part of my bitcoin earnings in 2017 in some promising altcoins, which failed in 2018 and never recovered.
During that time bitcoins have fully recovered and I have no doubt that this scenario will repeat itself for bitcoin.

This is a major advantage bitcoin has over altcoins. Bitcoin would always recover. Focusing on bitcoin as a newbie is key. When there's no much experience about the market, it's best and safer to just focus on bitcoin. Many altcoins do not recover and you might not even know which is genuine or which is scam.
Secondly, there are thousands of altcoins, so how do you even know which one to invest in when you lack the experience and insight?