Post
Topic
Board Speculation (Altcoins)
Re: BTC or altcoin
by
Reatim
on 31/01/2023, 01:53:29 UTC
there's reason why so many big investment firm and companies are having their big share of investments in btc and not in alts because they know it's relatively safe investment and could still gives good ROI.
the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
But also many of those company now are investing in altcoins because of cheaper and they trusted to be providing good returns.

I in the past I knew that Only Bitcoin will give me great income but nowadays? there are several altcoins that i trusted and keep in my folio .

For me when bear market start trading pair switch to alt/usd and scalp trading or buy when dip happen. When bullmarket start switch back to alt/btc. Keep in mind many alt will dien when bear market hit, even exchanges will gone with customers fund, last cycle most altcoin only pump 2000% same as btc did, so whats the point holding alt, that depend on your strategy when trading alt/btc or alt/usd
so what would be the best strategy?

Bitcoin or altcoins?