Quote from: peter0425 on Today at 12:42:00 PM

Quote from: SickDayIn on Today at 12:21:02 PM

What I am ultimately getting at here in the theme of my post is that there is no other coin besides Bitcoin, which you can trust can be held over the long term. What are your thoughts?

It’s true that so far no coin was able to do whatever bitcoin has done in our world.

Bitcoin is the pinnacle of crypto and for a long time it will be. However I believe that it still depends on the person whether they want to invest in bitcoin only or want to invest in other coins as well. Yes bitcoin is the best but some people are looking for other features that bitcoin really does not have. Some would also argue that bitcoin is too expensive now.

I think as long as one is making the right choice then they can do anything or invest in anywhere they want.

With the idea that Bitcoin is too expensive, no one's required to invest in 1 Bitcoin in an instant. You can partially purchase an amount under your risk tolerance. You'd still gain profit as long as the market price of Bitcoin is increasing. Skies the limit I guess for its market value given that there is a limited supply however, this blockchain will also need continuous increase with the demand. And if it won't be achieved, then same thing goes with its market price, basically.

Quote from: Ale88 on Today at 05:34:45 PM

Quote from: SickDayIn on Today at 12:21:02 PM

What I am ultimately getting at here in the theme of my post is that there is no other coin besides Bitcoin, which you can trust can be held over the long term. What are your thoughts?

If we're talking only about trust, then yes, I totally agree with you. But let's not forget that we also like to money so regarding that, I think there are coins and tokens with more potential growth compared to bitcoin, that already has a very big market cap, so it required a huge amount of money injection in bitcoin to make a 2x or 3x while some altcoins can easily make a 10x.

If it is potential then that would go with Bitcoin above any coin in the market. However, altcoins are also having its own potential to be profitable, and there's no doubt with it. Comparison is needless; an investor may freely diversify his/her portfolio to different projects of his/her choice. It would be fine investing into Bitcoin alone but if there will be an opportunity for other coins of this industry, then I cannot see any reason why you shouldn't consider investing on those coins as well.