Ten thousand dollar investment should not be invested on any one coin but investing on multiple good coins would definitely be profitable and risk free. However, a $10,000 investment portfolio must include Bitcoin.
While I agree in the latter but disagrees with the former. Because there is a good option by investing only in one coin and that's with BTC.
People still sees it as something not reliable nowadays because they're seeing the hype with meme coins. Once the market goes into bull run, sure a lot of these meme coins will definitely going to crash.
Surely, Bitcoin is a good investment option for the long term, but if the person is looking to invest for a shorter period, I think he should try his luck in altcoins. There are certain risks associated with altcoins, but the risk is worth it when you look at the ROI. Altcoins such as ETH, SOL, XRP, MATIC, etc., are good potential coins. As far as meme coins are concerned, they are very risky, but the profit margin is also exceptional in meme coins. Take the example of PEPE, if you had invested a mere $500 a month ago, you could have made over $5k in a month. If you are getting this much profit on your investment, then I think it is worth the shot.
op just mentioned he can hold for 1-3 years with really no time limit. I think with bitcoin that is more worth it.
With altcoins you are going to have to monitor it closely. Yes, the profit is good when it’s doing well
but once it goes down there is no guarantee that it’s going to ever come up again. And that is the risk it’s
quite scary to think of. As compared to bitcoin where if you had invested some of your money last year summer
you would have made more than $5k by now and only in just a year. And the only thing you have to
worry about is when should you sell your coins and take your profit.