Quote from: cozytrade on February 08, 2024, 03:34:24 AM

I don't always focus on any other altcoin except Ethereum and BNB investment. Because there is no guarantee of other coins within altcoins. Investing in other coins carries a higher amount of risk. Alt coins other than Ethereum and BNP are mostly seen as investment scams. So I am not at all willing to invest in another altcoin. To protect my investment funds and get good returns from investment, I would like to keep investing in Ethereum as my best choice this year too.

Investing in altcoins is high risk but ETH and BNB cannot be excluded in this case. ETH and BNB are the top altcoins and they have good strong support in various aspects which has caused their prices to skyrocket. But investing in them also carries high risks. you can look at today's market and you will see how much the price of all coins including BTC, ETH, BNB have dumped so those who sell their coins today will definitely face losses. so I believe in the concept that long term investment can bring a good profit with any coin investment not only ETH & BNB. apart from these, there are many other coins in the market which have a good market cap and have been in the market for a long time. so they can also be invested. But one thing is that in order to invest long term you have to trust a coin first or else you will panic and quickly panic to sell. So who invests in which coin and for how long depends on how much one can trust which coin