Recently I have heard from some newbies that they are more interested in investing in altcoin than Bitcoin. They think that investing in altcoins will make them more profitable. So Bitcoin can not be more profitable? Is it possible to earn more profit from altcoin?
If you take a look at the top coins any given day you will see the name of altcoins there and not bitcoin, so those newbies reason that if they invest in those coins they will make more money than with bitcoin.
But with tens of thousands of coins on the market how can anyone know which coin will move up that particular day? No one can do it, besides investing is way more complex than just buying an asset for a price and then selling it for a higher one, investing requires that you actively research the projects in which you are interested, and if you actually do that you will see that altcoins are just scams, with bitcoin being the only one worthy of being held on your portfolio, so if people want to waste their time with shitcoins, they can do it, but they have very low chances of succeeding at all.