Quote from: sana54210 on December 20, 2022, 04:29:24 PM

Quote from: ethereumhunter on December 20, 2022, 11:29:50 AM

For this reason, we have suggested buying bitcoins when market conditions are declining today because the potential for bitcoin to increase is very high. If he still wants to choose altcoins and focus on altcoins, we must be extra careful in choosing the coins. Not all altcoins will increase. Even altcoins are currently in the top positions. And if bitcoin declines further, they will have to be very patient to wait for a price reversal.

Investing into bitcoin is always far better, this is about if you already have some alts, but if I had some cash and no coins then I would pick bitcoin over anything else that part is true.

If we are talking about the aftermath, like I already own alts and they are down, then we can discuss how buying more to do DCA could work or you just accept the loss and move on, because in that situation there is no selling those and getting BTC considering it would not make sense to accept the loss by selling, it's better to wait it out and see how it would work. I know that it's going to end up with a bit of a problem in the long run but it will also not be something that may result the same way for all coins.

And if you do DCA for bitcoin, I think you can have a much better chance of making a profit because the benefits of BTC will be obvious when the bull market comes. While altcoins will not increase all of them and only certain altcoins will be able to increase. This makes us very careful if we want to do DCA in altcoins because an increase in altcoins may only occur in some altcoins like last year.

But investing in altcoins is indeed a very tempting thing to do because some of the altcoins can indeed increase and this is why many people are still speculating when choosing their altcoins. And they choose altcoins in the top position because, according to them, they will provide more opportunities to increase than the coins in the bottom position.