Well not all altcoins are shitcoins. Some of them has the potential to grow and people are still making profits by investing in them. So I will not say that altcoins are bad. Only the professionals who have deep knowledge about the market and its movement can make profit out of altcoins. Believe me or not, altcoins are all about trends and hype. Once it fades away, it is gone.
it would have been better, if Bitcoin is not classified in same category of cryptocurrencies with these Altcoins and shitcoins. Bitcoin is an Assets of its kind. They are just trying to coattail bitcoin without any real substance.
Shitcoins is shitcoins the only difference amongst them is that one can be more fucked up than another. Altcoins and shitcoins are bad choice of investment, don't be persuaded especially newbies with their juicy and unrealistic promises they offer ( quick profits). No need to look towards Altcoins and shitcoins because They lack solid fundamentals.
Sticking to bitcoin that is established and compete with other Assets is the real deal and good choice to invest in digital currency. Investing in Bitcoin is the right suggestion we encourage individuals to partake because it has proven to be worthy on investing. Individuals have made good profit and created wealth for themselves because of bitcoin potentials and resilience.
I'm not saying Bitcoin investment is not the best investment in the crypto world I'm just saying there are other good coins and some coins has been for a long time now, However since this thread is about Bitcoin investment it will be better will talk only Bitcoin investment.
Shitcoins are not good if anyone knows about the risk and still invest is fine he may lose or gain and in Investment is either you lose or win.
what then is the essence of considering an alternative investment option when you're aware of the option that's the best?
@Kliss has rightly reminded you that classifying Bitcoin as one of the shitcoin or an alternative to those shitcoin and valuing them as an investment option is a total misplaced priority and you're still emphasizing it. No one stops anybody from choosing to do with his funds whatever he so pleases and if you decide that what's going to yield you profit is gambling with your investment, you can go along with it and maybe come back later to share how the journey went and I'm never suggesting or wishing you bad investment luck but what you will continue to know is that most alternative digital investment option outside of Bitcoin involves gambling with your investment and like the regular gambling, you could be successful at it or not and in some rear cases, 1 out of 1000 persons can win some jackpots or investment in some profit that at the starts gives you a good ROI but that's never to suggest that the way to create a good generational wealth from the digital investment sector is through trying out some coins you're not sure of. For Bitcoin, we've seen it grow and we know it uniqueness, whatever you're still considering as an alternative to Bitcoin is still relying on Bitcoin so why go for the fake when you have the original at your disposal?
How do we even go about the analysis? When we talk about what has stayed longer on the digital space, Bitcoin is what comes to mind, when we're talking about best digital investment option, Bitcoin still takes the lead and if we even talk about a digital asset that's the least risky, what comes again to your mind? It's still 100% Bitcoin.