Post
Topic
Board Speculation
Re: Bitcoin price motivation benchmark:
by
Bananington
on 23/05/2023, 17:43:09 UTC
However, I cannot hide the fact that some altcoins also have the potential to generate returns regardless of whether they are investment or trading assets. You and I may be fine to be 100% on bitcoin and not diversify any assets into altcoins, but of course many altcoin investors also believe in the potential and the returns they will generate.

Regardless of whether altcoin prices follow bitcoin trends or not, what is clear is that the end goal of most traders and investors is to generate profits, not use cases. In fact both bitcoin and altcoins have such prospects because of their price volatility, so someone will definitely consider them regardless of whether we like altcoins or not.
People made very good profit from being early investors in bitcoins, some people who invest in altcoins know and understand that it should not be for the long term, but people invest in them to mainly make profit and not to keep  them. Altcoins has made some people rich, but it has also made some people loose their investments, that is why you should always be sure when you are about to invest in an altcoin. Individuals who are not interested by huge and sudden profit invest in bitcoins.