Post
Topic
Board Bitcoin Discussion
Re: Bitcoin or altcoin?
by
Dickiy
on 11/12/2022, 15:29:02 UTC
Leaving sentiments asides, will you advise someone to still buy some Bitcoins (Not up to the value of 1)  if they have an amount of money that will be okay to purchase the equivalent of 1 of a good altcoin with a strong community? Is having some bitcoins (in decimals) more valuable still than having the value of one good altcoin?
I never recommend anyone because I'm not a financial or economics expert, but I usually just share what I have, namely bitcoin, even though it's only a decimal fraction, at least it's cooler than holding altcoin units, which one time could have problems, for example the LUNA case
You look cool because you have a part of the crypto king, namely Bitcoin, yes, even though it's only a small part, but we are together with people who have thousands of Bitcoins.Cool

The tragedy of Luna and FTX this year is certainly an example that should make us wary of Altcoins. Yes, although not all Altcoins are like FTX and LUNA, that view is the same view that I instilled in myself when LUNA fell first, and in the end, I also lost to the FTX incident.

Never mind, don't put yourself in a position where one day you're going to get stressed out investing in Altcoins, I'm also lucky I didn't go crazy when that happened.