Hello Community,
I have 1500$ and i want to invest it crypto as holdings. What do us suggest invest it all on BTC or alts? Thanks
I don't need to hide the truth from you. Bitcoin is the best coin to invest in, and it is only an investment that is good for holding for long periods of time. If I should advise you, I will ask you to invest all your money in bitcoin and never think of any altcoins, because altcoins are just pumps and dumps of coins for a short time, and you may easily lose funds, which will really hurt you. It is not that some altcoins have not also proven to be good coins for investment, but the truth is that nobody knows what will happen while holding the coins for long periods of time. Because of this, some groups of people have control over altcoins, and they can decide to move their money from one project to another. In the past, there have been many altcoins that have gained the attention of people, and people believe much in the coins and invest a lot of money, but at last, the investors end up in tears. An example is Luna Coins, and so on.
Op I have suggested to you that Bitcoin is the best crypto investment, and that was based on my understanding and my own research. It will be better for you to do your own research before investing your money in any coins. It is not deniable that many people who want to invest in altcoins are doing it for the higher profits and really forget about the high risk they are taking. But I will say it is better to make a little profit and take little risk than to take a higher risk and lose your funds later