Yeah and what's there to wait for? Because for the past twelve months the whole community, including altcoins, has experienced LUNA crash, FTX bankruptcy, other centralized services bankruptcies, the bank runs in the U.S., and the SEC FUD. Bitcoin is still above $30,000, close to +100% since November!
It's not that I'm too arrogant, yes, regarding the matter of certainty, for me altcoins cannot be placed on long-term expectations and returns cannot be expected like Bitcoin.
Altcoin holders can argue that my opinion about the altcoin is wrong because more than twelve months I have seen several of them that are considered to have the potential to actually cause big problems, such as FTX and LUNA.
It is not impossible that other altcoins that have looked good so far and have the potential to suffer the same fate as the two types of coins we have said.
In contrast to Bitcoin which is still and will continue to be used as a hope.
Actually there are certain periods during bull cycles when altcoins give higher returns than Bitcoin, and it's wise to trade some of your Bitcoin to take advantage of the volatility. But personally, I prefer my sanity over more profit. Hahaha. Plus I'm simply not a good trader. I lose more than I profit, so if people will come to me to ask for investment advice, I'll just tell them what I know = It's Pleb Life, HODL Bitcoin.
Only if you're not in your right mind would you trade diamonds for copper lol.
That's true, but if a person has the skills and the capital to trade for copper, then return with more diamonds, why not make the trade?
If Bitcoin is to be money, use it as money. HODL it, trade it, spend it, lose it, earn it.
Personally, I neither have the skills nor the willingness to take any risk. But to those who do it and do it successfully, I tip my hat.