What is expected of us as bitcoin holders is to keep hodling our bitcoin in our portfolio and never to sell until bitcoin reaches our speculated price before we can be able to sell some part of our bitcoin holdings.
That right, We also have to think rationally when holding BTC coins and don't be quickly influenced by liking other coins when they go up, continue to exchange them for our BTC to hold the damn coin and that at any time can be a disaster for us because we don't know about its future even though it exists which says we will get double the profit when the market recovers.
That's right, you can choose another altcoin with a price and capitalization that is still low so you can get extraordinary results in the future. However, you still have to stick to Bitcoin.
Diversification is very important to minimize large losses.
We can say altcoins are gambling coins and bitcoin is a fixed asset. It is entirely up to the investor which direction to take. Although some altcoins have the potential to gain money due to major pumping events, some altcoins can lose at any time. Investors who have lost investing in altcoins will understand the value of Bitcoin. There are many coins other than Bitcoin in the coin market cap, how can an investor be risk free about his investment? Investing in Bitcoin is also risky but long-term investment based on potential can certainly keep a holder relatively risk-free. When it comes to investing, an investor must make the best investment as possible.
If we look at the Bitcoin price in 2017, it was unbelievable that Bitcoin would reach $70,000 after 4 years. Again, if Bitcoin is predicted to reach 1 million in the next few years, it will not be believable. But Bitcoin will eventually reach that position slowly. Those who have purchased train tickets may be able to board the train and those who haven't may never reach their destination.