Quote from: barisbilgili on Today at 05:22:59 AM

Quote from: letteredhub on July 24, 2024, 10:14:26 PM

I think 99% of discussion about crypto investment in this thread is about bitcoin as the best cryptocurrency to invest on. Any newbie that is wise enough would be able to make the good choice of choosing bitcoin after reading all that have been elaborated on this thread. Seeing how some users come here to talk and want to paint altcoins in a way that it should look attractive is very laughable because altcoins has no long time plan investment lifespan, they are known for pump and dump, rug pulls, and exit scam etc that's why people won't stop losing money with them.

The lower risk percentage makes Bitcoin a good choice for long-term investment. It cannot be denied that everyone who understands this will of course choose Bitcoin.
However, that doesn't mean that Altcoins are a bad choice, there are times when Altcoins can produce much bigger profits, but again, as I said earlier, everything depends on the risk and what you need to know is that every possible profit will be worth it with all the risks involved faced.

Bitcoin can be the best investment for you if you can use it properly such as you keep accumulating through its buying on a regular basis. Bitcoin has shown considerable appreciation with investors in the past and has benefited greatly. You should check yourself in deciding how your valuable capital can grow over time. In that case, the focus of every consideration should be the profit that can only be made by accumulating bitcoins and certainly from long term holdings.

Investing in altcoins can be a relatively bad idea for you as you will see that most of the time the coins fail to hold their value and its developers are very unscrupulous and mostly use social media to carry out their campaigns which can be questionable. But in this case you should conduct extensive research on the investment. In my opinion you can start accumulating bitcoins in the time you spend following the right selection process which is the easiest solution for you. Your bitcoin holdings grow over time with regular buying.