Post
Topic
Board Bitcoin Discussion
Re: Should I go with Bitcoin or Altcoins for the upcoming bull run cycle?
by
Marvelman
on 15/11/2023, 10:06:38 UTC
As we have a halving year ahead, Bitcoin will be the best investment. Moreover, the best currency to hold Bitcoin is the most profitable in Bitcoin compared to all other altcoins. Most of them turn out to be scams but Bitcoin will never be a scam and it is the most profitable and risk free. Risky investment is altcoin which can lose you money, but if you invest in bitcoin it will give you profit. However Bitcoin is best for long term investment, but altcoin investment is always risky so it is best and wise to invest in Bitcoin for next bull season.

Bitcoin is considered the best investment in the market because it is quite a safe investment and brings significant profits. But saying that bitcoin is the most profitable and risk-free investment is an exaggeration and a lie. No investment offers high returns without risk, we are bitcoin investors but we need to be realistic. There is no need to lie to deceive others nor does it make bitcoin better. I was once considered a fraud for saying that bitcoin is risk-free and profitable when giving advice to a person. That's unnecessary exaggeration.

Absolutely agree! Bitcoin has been off the charts for some investors.  Crazy returns compared to regular stocks and all that.  But at the end of the day, nothing is risk-free when it comes to money.  And Bitcoin is notorious for being unpredictable and 

the thing is, you gotta look at Bitcoin, or any investment really knowing that it could make you bank or lose you cash.  I mean, I put a couple hundred in crypto last year and yeah, I made good money.  But a buddy of mine got burned when prices crashed. He was disappointed and sold at a loss, although I advised him not to do so.

So, my point; If you're smart and cautious with crypto you might make out like a bandit. But you could also lose your shirt if you aren't careful. At least that's my take.