Bitcoin is the father of all crypto currency. The name is an eye opener to crypto, and has brought or attracted many people into crypto currency today. And has continued to stand firmly without fading.
Many turn into shitcoin investor. After knowing about Bitcoin. Unfortunately it didn't work out the way they thought.
I am a tipical example of that. when I heard about Bitcoin how it started from $0.01 to thousands of dollars I thought shitcoin also has that potential. I was working and was investing in valueless coins thinking dey will be like Bitcoin. but never did as Bitcoin. all gradually disappeared. And that made me regret no investing it on Bitcoin then.
Although some people were pretty lucky to make alot of dollars from shitcoin, but mine didn't work out in any ways, so I would like you guys to shear your ideas on this an the possible solution.
Today is not 2016-2017, bitcoin's price has skyrocketed and reached 70K ATH. Do you think it's going to reach 500K and 1 million USD anytime soon? It won't probably reach that height in the next decade. People here want to not only double their money but to increase it 10 times and more. Altcoins are great way to gain 10x, 20x and 50x profit because when good altcoin is a new thing on the market, they gain price soon after halving when bitcoin bull market starts. For example, if you would buy BNB in 2020 November, when price was 20 USD per coin and hold it till the end of bull market, you would gain 30x profit on your investment while bitcoin only went from 10K to 70K, only 7x profit. You see the difference? That's why people invest in altcoins. I don't say bitcoin is a bad investment, no, it's the safest investment option but it's not for those who chase double digit multiply.