Post
Topic
Board Altcoin Discussion
Re: Quick profit is the only reason why we invest in Altcoins
by
Wysi
on 23/07/2024, 09:59:37 UTC
Altcoins have great time, but the truth is that Bitcoin is still the main driving force, and it holds the key for altcoin rally.

Many Altcoin leaves Bitcoin behind in terms of percentage gains but Altcoins are highly volatile, and this involves greater risks.

During wild price fluctuations like this, traders seek quick profits, but the constant risk of corrections makes trading a more difficult job, especially for beginners.

Other Reasons why traders prefer to invest in Altcoin other than quick profits:

▫️Altcoins have smaller investment market compared to Bitcoin.

▫️Faster and cheap transactions.