Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: Concentrating heavily into BTC
by
Darker45
on 17/06/2024, 05:32:15 UTC
⭐ Merited by mk4 (2)
The interesting thing is that Bitcoin has already reached a certain level from which x2 or x3 will take a much longer time. If we take this into consideration, is it not, then, worth it to risk on altcoins today more than the previous years? The catch, however, is that it was much easier back then to make gains from altcoins. Today, it's much harder.

I also used to risk on altcoins. I've made money. I've made Sats. But I think I would have been more profitable had I focused only Bitcoin. I was into it when Bitcoin still had so much potential in terms of price growth. I got the wrong timing. I lacked foresight, just like many of us, and failed to concentrate on it while it was still so cheap.

While hitting that x100 prospect today is like looking for a needle in a haystack, since Bitcoin can hardly even double, will it be a reasonable venture?