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?
You need to understand that investors make fast profits from Bitcoin compared to altcoins and there are so many altcoins in the market that can give fast profits through pump and dump. Just like the way we have known so many meme coins projects to be giving fast profits with fast way to lose money in the market when one is not that careful on what they are investing on. There are so many bad altcoins in the market which had made experienced investors to switch away from many of the altcoins in the market and embrace Bitcoin. That does not mean that other altcoins are not good but the risk of losing money due to rug pull is quite easy and have been happening for so long now in the crypto market.