Quote from: bitzizzix on Today at 02:41:44 PM

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.

It is true that Bitcoin is much better than all investments including altcoins, but this must be done for the long term in order to make good profits from Bitcoin and also avoid the volatile nature of Bitcoin.
Bitcoin is a safe and very profitable choice if you use it for the long term and this should be prioritized because in the long term Bitcoin is guaranteed to provide good returns, and also has a low percentage compared to altcoins. However, owning altcoins and making them a side income is not a bad option. And the most important thing is choosing the right altcoin and also buying and selling at the right time in sufficient quantities is a good choice in my opinion.

I framed at the fact you are making so much emphasis on other coins other than Bitcoin perhaps it is a Bitcoin thread such that talking about other coins in that manner
can be off topic, there are better thread or baord where such discussion can be well talked about , but yeah it is always advisable not to do more than 10 size of your Bitcoin investment in to other coins so that you can give your Bitcoin investment all the necessary attention needed to grow you asset.