Quote from: Nheer on August 01, 2024, 08:39:19 PM

Quote from: Stable090 on July 31, 2024, 09:48:01 PM

Quote from: JamesDaniel90 on June 12, 2024, 02:46:23 PM

Been in this crypto game over 2 years now and I am 100% in altcoins currently and patiently waiting for alt season.

Alt season will be the same way it has always been, I don’t know why you should be in altcoin 100%, don’t you just think the risk is too high? It’s just better you leave higher percentage of your coin in bitcoin, then you can leave the rest in altcoin investments. I have confidence in bitcoin more than any other coin, and we will see bitcoin bull run, before altcoins will start following it. So I will recommend you have some bitcoin in your wallet, don’t depend on altcoins completely, because you might end up being disappointed, they might not meet your expectations.

Alt season will come probably when bitcoin starts rising during bull run or may even take longer but then i am also surprised how some people get so comfortable investing in alts when they are aware these alts are driven by Bitcoin itself so why not invest in bitcoin to avoid the risk. Alt coins volatility are very high compared to bitcoin so the risk involved in it is very high so why do people choose to take the higher risk and invest 100% in alts when bitcoin offers lesser risk and is even more reliable. At worst they can divert some of their funds into bitcoin and have try out the two if they must invest in altcoins.

Well, everyone has their choice and preference so a person can choose to do what they want with their money but all we can do is advice them and show them the right way and hope they heed to our advice.

Golden words! It's everybody's road to choose, however, I too wouldn't get too confident as to invest big sums into the alts that should supposedly pump.