Post
Topic
Board Altcoin Discussion
Re: Selling BTC for Alt Coins?
by
laijsica
on 23/05/2024, 04:34:56 UTC
You mentioned the line "btc won't give you 5x return" that verily true from its current position although it already got 4x within a year. Well to generate max profit from your money, it is important to diversification. People always advise to holding Bitcoin but I don't see anything wrong if you sold some portion of Bitcoin and by potential altcoins from top. Cause these can give you 5-10x depends on their potentiality. So yeah,that could be your life changing step but don't buy shitcoins
For this you need to research the market well. Not all altcoins are the same and never sell bitcoins for altcoins. Altcoins are more likely to turn out to be shit coins and will never pay as good a profit as bitcoin. Selling altcoins can get less profit but Bitcoin always gives more profit.
that's true mate. Not all altcoins are going to give us profit. Even some altcoins will go down and won't come back. That's why I need to be very careful while making investment. If we talk about lesser risky altcoins then i think top altcoins are from them. Although you can analysis top100 altcoins are could make investment from them. Although there are some shitcoins and memecoins too. Not all Memeocins can be trusted. For if anyone have interested then similar suggest. I mean top memecoin like doge, shiba, bome, WIF, bonk should be Choice for them instead of go with new memecoins
You are right! Most of the altcoins disappoint the investors which is better seen as risk and most of them get lost. Out of these top 10 alt picks are good investment signs. And you have to review and choose which one will get the expected return on investment