Quote from: Tommiewill on Today at 07:54:32 AM

Compared with Bitcoin, it is easier to make a profit in altcoins, and there are many types of altcoins. Many people enter the cryptocurrency market because they think they can make huge profits in the short term, and altcoins can just make short-term profits. But altcoins are also riskier than Bitcoin. Choosing a good altcoin is important.

That's not necessarily because the many altcoins on the market can make you choose which coin can give profit to you.
You have to analyze more deeply to find the right altcoin and it also takes more time before you do.
But if you invest in bitcoin, you only need to analyze to determine when you enter the market and then buy after that, you just have to wait for the price increase.
But indeed, investing in altcoins can be tempting for investors to try to invest their money in many altcoins at once, especially if they get information about the altcoin from social media.