I have been involved with Cryptocurrencies for the past almost 1 year. It's only been a few months since I joined the BitcoinTalk forum. I spend most of my time trading which I haven't spent much time on this forum. But I came to the Bitcointalk forum and observed various discussions about Bitcoin investment. Finally after much thought I analyzed Bitcoin and took the advice of a fellow knowledgeable investor. He gave me specific advice on the downsides of Bitcoin and market volatility.
After full consideration I sold all the wallets I had Altcoins invested in. and with the amount of funds I made from that, I bought bitcoins and kept them in the trust wallet.
Now my question is, is it good for my future that I have sold my altcoins and invested in bitcoins?
The trust wallet I put my invested bitcoins in, is the trust wallet safe for my bitcoins?
After full consideration I sold all the wallets I had Altcoins invested in. and with the amount of funds I made from that, I bought bitcoins and kept them in the trust wallet.
Now my question is, is it good for my future that I have sold my altcoins and invested in bitcoins?
The trust wallet I put my invested bitcoins in, is the trust wallet safe for my bitcoins?
In general, good idea. Most altcoins will go to (almost) zero eventually, as they lack any additional value over the big players - and it's hard to guess when they'll go to zero.
The altcoin market has been in a big hole for quite a while, so it could be debateable if it would have been a better idea to wait for the next altcoin bullrun and convert to BTC then. That said, you never know if some of these altcoins will ever recover and trying to time the market is what loses money for most.
Recarding storing your coins. Please check the wallet section of bitcointalk. https://bitcointalk.org/index.php?board=37.0
And make sure to use an open-source and community-verified wallet instead of trust wallet, especially for storing Bitcoin.
Also, buying a hardwarewallet (Trezor or similar, I don't recommend Ledger) is recommended long term for most users.
You can also check your wallet's security via this website: https://walletscrutiny.com/