as we know, many people suggest investing in bitcoin because the risk is not too high.
but if we look at the market there are lots of people buying altcoins, and to be honest I also like to buy altcoins but there aren't many of them, and it's still my biggest investment in bitcoin. and to be honest even though investing in altcoins is risky but I always want to buy and the reason is because of the high pumping..
and I want to ask everyone what is your for buying altcoins, is the reason the same as mine?
If you already stated that you like buying altcoin there is no need to ask any further questions about other opinions about altcoins because when it comes to altcoins it is better to do your own research and don't rely on the advice of others because most mainstream streamers are just influencers who are getting paid to promote coins.
And since you already mentioned how suitable it is to invest in Bitcoin instead of altcoin even though some investors consider altcoin to give high profits in short term compared to bitcoin which requires a long-term goal, the risk between
BTC vs altcoins is high.
BTC is the most suitable for a long-term investment with stability, altcoin, on the other hand, is highly volatile and easily pumped and dumped so everyone needs to be careful with altcoins and it's not suitable at all unless you want to gamble with your money.
you are correct there is a huge money talks influencer culture that is cancerous in crypto.
I feel like it used to be less so in the past something really changed in the last Bullrun, all twitter accounts that mention a project are basically paid in the back end, very few are legit doing it because they like the crypto project.