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?
For those newbies, maybe they see on social media where someone gives testimony of using little money to make a huge profit in altcoin investment, and that is why they believe they can get rich faster by investing in altcoins. But since they are newbies, they fail to understand that there are so many altcoins in the crypto market, and they need to buy a lot of altcoins before they can get lucky or even make a little profit. Even though altcoin investment gives more short-term profit than bitcoin, I want you to know that there is nothing like bitcoin in this space. Bitcoin is one of the best investments in this era, and so many people have invested millions of dollars in it, and more people are still investing a lot of money in it. If you invest in bitcoin with a long-term purpose, you will make more profit in bitcoin than in altcoin.