The problem with other crypto is to sustain their position. Bitcoin has been on the top for about 15 years now. In the past a few altcoins did surpass the price but they could not hold it for quite long. Bitcoin has been in the number one position and after the ETF approval it is now impossible for altcoins to challenge its position.
The other side is that we are also required to be able to hold it for a long period of time, this is where the benefits are certain to be obtained. If we trade BTC, short-term patterns for results do exist, but the risks that occur in the market will be very beyond our predictions.
correct , bitcoin is designed for longer holding and that is what I have proven for many years of my existence here.
Today the market has been corrected again and the market is in red. If there are funds, maybe this is the right time to add to the contents of our wallet for BTC coins.
and will be corrected more and more until we reached the another all time high next year.
Hi everyone,
I am curious to know if there any possibility for any other crypto coin to replicate the feat of Bitcoin or even surpass it in the near future.
actually even the first reply in this thread confirmed that there are many coins that tried to copy Bitcoin in any way but none of them succeed because the appeal of bitcoin and the trust of the people will stay in its chain.
for other altcoins better to focus in their own or else be a failure like what those past copied resulted .