Quote from: MFahad on November 19, 2023, 06:06:47 PM

Quote from: Bitcoinpoly on November 19, 2023, 02:56:05 PM

When it comes to investment I believe everyone have a responsibility of doing their personal research before buying any coin. It’s important you check the coin’s previous history and trend to determine what to do and also check the utility of such token in order to be sure you’re in a safe place.

Sometimes history don't repeat itself because previously people got benefit from dogecoin when it pumped but now the price is still lower and there is no information then when will it come higher again. Bitcoin always proves to be beneficial coins as compared to altcoins so without investigation one can believe that bitcoin will make their wishes true but if we leave bitcoin and put our trust on altcoins then it is possible that we will face huge losses in future.

From utility of a token one can decide about the importance of coins also check the market cap so you will easily find about good altcoins. In Altcoins if someone buy now ethereum then positive effects of halving can also be a reason for boosting value of ethereum and other important alt coins.

Altcoins is more volatile that Bitcoin, and so even though in the last bull run or even if we can go back previously like in 2017, there are a lot of altcoin that gain more than Bitcoin in terms of percentage to their last all time high. But then again, it's altcoin so it's hard to predict and the risk is very high. Like you said, Doge or even Shiba in the last bull run, we didn't expect that they are going to be the altcoin hype and craze and maybe a lot of us here make some good profits out out if. But it's hard to time that market because as it could be just a pump and dump and if you are late then you could be trap.

So for the majority who have been in the market long enough, then Bitcoin could be their majority holding, at least you have nothing to worry and can sleep at night and waking up tomorrow with a good increase and profit, simple as that.