Post
Topic
Board Bitcoin Discussion
Re: Concentrating heavily into BTC
by
Hamza2424
on 18/06/2024, 22:31:32 UTC
There's a huge potential in alt coins but due to super crazy trends, I'm a bit confused so still holding Bitcoins as a guarantee of stability.
I don't believe in the potential that so many people see and talk about in altcoins, i consider them to be very risky and only a few provide huge multiples, while most others fail. When i diversify, i buy BTC and things like real estate or gold, i don't really diversify into the altcoin market and i will recommend newbies to do the same, but each to their own.

There's nothing wrong in diversifying in alts, from my personal experience as I already said Bitcoin is the name of reliability in this volatile market on the same time alts are something where you can try your luck based on your strong analysis and I've seen and made some decent returns form the alts, yup there's high risk but as an investor, you should know no risk no return high risk high potential return.