Quote from: tvplus006 on Today at 11:15:02 AM

Quote from: Fiatless on Today at 09:14:43 AM

...This portrays the fact that one can earn Bitcoin. But I have heard of the fall of many coins and exchanges that is why I am scared of investing in any coin apart from bitcoin. Bitcoin has been in existence for a long time and it has been consistent. It is better to invest in only bitcoin and keep your investment in a hardware wallet. Also, most of these altcoins are developed by crypto scammers that want to fraudulently swindle people of their funds. That's why it is better to stick to Bitcoin.

You should continue to stick to your strategy by investing in bitcoin, as such an investment is less risky than investing in altcoins. But this does not mean that you cannot invest in altcoins. When you get more knowledge and experience, you will certainly pay attention to altcoins, since the profit that you can get from such investments is many times higher than the profit from bitcoin.

The Investment in Bitcoin and alternative coins are risky.
But what matters is the level of risk that is involved in each of them.
It has been proven over time that the Investment in Bitcoin is less risky than the investment in the altcoins.
But what happens with alternative coins is thay hey can make antone rich overnight and the disadvantage is that they can also make anyone poor.
Investment in alternative currency is just like a gambling and only those who have good experience about them can make good money from it. Others will lose their money over time.