Quote from: fullhdpixel on July 28, 2024, 04:08:22 PM

Quote from: Winterfrost on July 26, 2024, 05:30:53 AM

The only altcoin that do not have the chances of loosing value are mostly some of the top altcoins we already have in the market. Anything more than those, get to be under probability while investing, that doesn't keep the investor at peace because he never knows if the altcoin could worth more while holding or reduce to a point where even recovering back the invested amount is impossible. Bitcoin offers this comfort, no matter the price reduction, there will definitely be a good bull run and profits is made.

Profits do not only depend on the kind of strategy used, DCA or not as long we buy and hold Bitcoin, we must make profits by the end.

You already said that BTC can experience a price reduction, so therefore don't say that alts doesn't have the chance of losing their value. Even though they are only alts, they are still part of a crypto market and we know that this market is so volatile. So even if we picked up the top coins, there will still be a little stress that we can feel.

It's normal though and there are still practices to reduce or even prevent them from occurring. So as long as we gained an experience, things are going to be easy eventually. Bull run is for all and not just for Bitcoin, this is why it's also not wrong to invest on other coins or make a diversification, only if we want to pump our profit potential.

This statement you made here, I mean the statement I made bold really baffles me that most folks here aren't learning, or do you prefer learning the hard way? Fine it's ok if you want to follow that destructive part of investing in alt and shit coin, but try not to lure newbies investors into investing in shit coin or alt coin all in the name of diversification, and judging by your statement, you are only talking of potential profit, without even talking of the disadvantage of investing in shit coin, and how they fell more than they rise, so it's best you gamble alone in shit coin, and stop misinforming newbies investors by your statement.

Lastly, in the world of cryptocurrency, their is no diversification, because Bitcoin is second to none, it has no substitute, their is no other coin that is as trustworthy as Bitcoin, so it baffles me when you are suggesting to newbies investors that they should diversify their investment, when we all know that alt and shit coin rise more than they fell, and it's just one of those measures developer of these coin use in milking investors of their hard earned money, so my brother if you wish to gamble with your hard earned money, try not to lure others with you.