I am not an altcoin fan but lately, I have spent some time on the alternative cryptocurrency board and I have seen a lot of topics bordering around whether or not to buy some coins and this makes me wonder why altcoins investors are full of uncertainty and always wanting to know the opinion of others before they invest.
Is there any other reason for this other that the high risk and high volatility of altcoins compared to bitcoin?
Since the beginning of 2022, investors have seen negative reactions to altcoins. A major crash in some of the top alt coins has sent the market bottoming out. By this effect investors are quite apprehensive about investing in altcoins. But this is temporary. Hopefully, when the BTC bull market starts, the altcoins will start to be bullish again. There is no better investment in crypto than bitcoin when it comes to investing. If you want to find a good investment project after Bitcoin then you have to invest in altcoins. There are a lot of altcoins in the market, researching them and investing in good projects can definitely be effective.