there is a lot of profit potential in a short period of time.
I don't see any nig profit in bitcoin when you invest in a short period, because it is better that you focis on a long term goal and pit your mentality on a long term goal so that you will be able to hodli for long while you increase your portgolio with regulat DCA method. It is only traders that soimds the way that you are sounding. and that is why when they see a little increase in price all their body is in panic to sell. Don't focis more on this short term change of price because, it can tempt to to se;; and when you cam't overcome it, you might sell and miss out bigger profit that is upfront waiting for you. This is why you shoulf have a bitcoin target and make a plan on how much you will be buying regularly so that you can reach your butcoin target in the long run.
So I say to those who want to invest in altcoins, don't just focus on altcoins
It is better not to even think of altcoins as part of an investment because it is like gambling and not investment, since you will not be able to hodli for long. Infact just forget about them as they are distractions.
it's better to invest in bitcoins when the bitcoin pump starts, because in this case, the profit is more.
No mate, you are getting evertthing some how wrong. You can invest in bitcoin anytime whether when the market id pimping or dumping but what matters is that you should continue buying with DCA weekly or monthly do that you have more advantage over the market. This is because your bitcoin portfolio is increasing gradually and after a long tern like 4-10yrs and above, you will have a good amount that you have accumulated and the price of bitcoin will have passed when you started buying initially. I will say that the best time to buy bitcoin is at the bottom line of the dip buy do you want to start waiting for the bottom line when you don't know when it will come. That is why regular DCA saves from those regrets that you will make when waiting for the dip because you might end up missing out. Also it is better to increase your bitcoin investment gradually as that is how the nature of life is.
When you buy at when bitcoin price is why, it means that you are buying out of FOMO and you might get discouraged when the price dips below your entry point and stays there for a while. Don't buy because of quick profit but buy because you want to compound the profit over a long period of time.
But currently I am investing in altcoins in small amount that is on ENG token that's why its market value is almost bullish now.But I am currently more interested in investing in Bitcoin because I made a good profit in a short period of time investing in Bitcoin which I have done the most important work of my life
I can see that you are a beginner in your bitcoin journey and you are still a low coiner, why are you fucking around with altcoins when you do not have much bitcoin in your bag. It will be better for you to sell those shitcoins of yours and use the money to buy bitcoin, because as a newbie you need to stay more focus on one investment which is bitcoin since it is the ultimate of all. You will only end up distracting yourself with those shitcoins of your and it will hinder your progress in your bitcoin journey because you mind will be divided.