Post
Topic
Board Altcoin Discussion
Re: Should I invest in new projects.
by
serjent05
on 21/09/2023, 22:58:09 UTC

Sometimes when we listen to users who advise us to only focus on BTC, it strays us from making a profit especially when we see the potential of a token that may just dast track its bullish market.

True that, there are other means of getting profit in cryptocurrency aside from BTC but the problem is the risk involved reason why many members here want to keep it safe and always recommend BTC for investment because there are lots of scam projects in altcoin though altcoin can also give us sever times profit than investing Bitcoin if we are lucky enough to stumbe and invest on they so called "gems".

I saw this Toncoin (TON) last year which had dropped to its lowest point. I almost bought some of it but just thought I would hold my BTC longer. Had I concluded my research and decided to buy, I would have made a big profit from TON. Now in the top 10.

Well, it can go either way at that time so you can't certainly tell whether TON will recover or not during those times.  Since you are not sure about investing on TON, you decided to put your money in a more reliable investment, BTC.