as we know, many people suggest investing in bitcoin because the risk is not too high.
but if we look at the market there are lots of people buying altcoins, and to be honest I also like to buy altcoins but there aren't many of them, and it's still my biggest investment in bitcoin. and to be honest even though investing in altcoins is risky but I always want to buy and the reason is because of the high pumping..
and I want to ask everyone what is your for buying altcoins, is the reason the same as mine?
Reason why people may buy altcoin includes:
👉👉 Ignorance
Ignorance make some people to buy altcoin. They believe they can't have such huge money to buy just 1 BTC. They never know you can buy as low as you can avoid.
👉👉Pumping
They believe altcoin can be pumped anytime. And most time it comes with a very surprising pump where it may go ×100 with few minutes.
👉👉 Ability to buy much coin with little dollar
You can get thousands of some altcoin with little dollar you have.
But for me, what prompt me most time to buy altcoin is the expected pump.