Quote from: Dickiy on August 31, 2023, 03:19:28 PM

Quote from: DanWalker on August 31, 2023, 01:00:21 PM

~snip~

That's right, it will be more risky compared to bitcoin, as many happened in the past few years, many people lost their money suddenly because they trusted coins that were still unclear of their potential and maybe they came because they were carried away by the hype due to some significant news circulating. And also true as you say, it is very clear to emphasize that you should not use money that will be used or maybe you feel unacceptable to whatever happens to your money there including losses. Because it is very possible if in the end altcoins can disappear suddenly. Basically, in terms of investment everything has a risk including in bitcoin too, but there are some that have a risk that is not too significant and that will be able to make you calmer when knowing various good news related to its potential and also with the history of movements during the price, and that may be enough to convince us that we are still in a safe position by knowing the clarity of bitcoin itself for example. So basically allocate your money to a place that you trust with various clarity that is there, and use money that you don't mind if it's lost, and still use your main plan to hold it longer for a bigger profit in the future.

Once we talk about investing, everything has risk, not only bitcoin but even assets considered safe such as gold or real estate will also have risk.
But what I said, I just want us to not use money that cannot be lost to invest in altcoins. I also don't completely hate investing or people investing in altcoins. As long as they know what they are doing and are willing to take the risk, they can invest in bitcoin or altcoins, wherever they want. Bitcoin is a perfect choice, but not all altcoins are bad so altcoins are still an option. But again, don't be subjective with it.