Quote from: camilocollin6 on Today at 05:10:11 AM

Quote from: BTC_pokaop on August 10, 2024, 04:15:30 AM

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?

Yes, it's true that many newbies are interested in investing in altcoin rather than Bitcoin, and there are several reasons for this as like potential for higher return , diversification , technological Innovation , lower entry Price , community and hype , potential for market growth . However, it's important to note that altcoin also comes with higher risks.They can be more susceptible to market manipulation, have less liquidity, and may not have the same level of security or acceptance as Bitcoin.

Newbies and gambling mindset peoples love to invest into altcoins because their market is more volatile, and they are feeling this can give them good profit in quick way, but usually we are having serious loses which hurt them even many times we are having peoples busted just because of this because they are not able to do any search about this project and their money gone into negative just because of this usually we call this heaven for the scammers because they have success to attract newbies those give them their hard-earned money without any problem.

Bitcoin is having solid market with nearly 55% share in total crypto world and now mature peoples love to invest in this because they know how to do things without serious hassle and having their profit but still we need to understand this before investing its risky and can go either way.