Re: Should I go with Bitcoin or Altcoins for the upcoming bull run cycle?
Assuming the bull season will happen in the next 2 years, if you borrow $30,000 now, you will pay $30,000 + interest rate. Most likely they will use floating interest rate than flat interest rate, so you will pay more especially you borrow for long term.
What if it goes wrong? assuming you will need to pay $35,000 and you lose everything in altcoins, you're use the profit in Bitcoin investment to cover up your mistake.
I just mentioned that I'll borrow 30k USD when BTC surpasses its peak, not right now. Investing in Altcoins at the moment is quite challenging, but when the bull run cycle arrives, most Altcoins tend to experience some degree of growth. Choosing Altcoins won't be too difficult, I believe. Even in the top 10 Altcoins, there are still options. If you're concerned about making the wrong choice, you can consider those top Altcoins, and the risk of losing money is almost negligible, unless unless you get hacked. What if it goes wrong? assuming you will need to pay $35,000 and you lose everything in altcoins, you're use the profit in Bitcoin investment to cover up your mistake.
