Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Miles2006
on 26/07/2024, 00:43:07 UTC
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.
There’s no risk free investment as a matter of fact every investment has a risk attach but, the point I still don’t understand is the fact bitcoin and altcoins are being compared. People will always make their choice regardless of viewers opinion. If we should start comparing profit and gains between altcoins and bitcoin in this thread which I think it not proper, for the fact there’s no guarantee future about altcoins makes it more risky for example anyone can decide to choose any random coin and start investing without knowing the possible profit and then the coin just decides to dump just imagine being in that shoe. The fact bitcoin investment is a long term investment sounds good more like an asset you take years and time to build and expect your profit.