Post
Topic
Board Bitcoin Discussion
Re: Should altcoins be blamed?
by
MFahad
on 19/12/2023, 18:16:28 UTC
The answer depends on individual perspectives; blaming altcoins may be valid for those who suffered losses, but others may attribute it to personal investment decisions.

I think it would be wrong if people who have suffered are blaming altcoins. Wherever we invest, be it Bitcoin or Altcoin, our own strategy can bring us profit or loss. There may be some altcoins that have hurt people or that have had their value drop due to project failure, but they will be few and far between.

In comparison, there are many altcoins that have given people a huge profit, but the difference is that people who bought at the right time have made good profits. So sometimes it is our own fault that makes us lose and we blame it on that investment or trade. One should always remember that a good choice and a good entry can give us good profit and wrong time entry always leads to loss.