Post
Topic
Board Altcoin Discussion
Re: Why are people interested in investing in altcoins rather than Bitcoin?
by
Godday
on 22/08/2024, 05:11:12 UTC
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?

Altcoin is more profitable but also riskier. Saving in Bitcoin will secure your money and it is almost impossible for Bitcoin value to go to 0. But saving in altcoin you risk losing half or even 99% of your money if there is a rugpull on your altcoin. And if you are lucky you can get altcoin with profit up to 100% in a few months. This is the same as what happened to Manta, Render, Worldcoin, Meme Project and several other altcoins.