>> so many people prefer investing in shitcoins just because it offers higher growth potential than Bitcoin.
What they fail to understand is that , investing in altcoins carries a lot of risk and you need thorough research before making investments decisions, if you've taken the decision to invest in Altcoins then get ready for potential looses. I'll also advice you never use your all to invest!
Bitcoins advantages makes it a reliable store of value and medium of exchange.
The price of Bitcoin has really swept people off their feet, I mean imagine if maybe ten years ago you had a good amount of Bitcoin and you decide to hodl .
Imagine how you'd be now!
So the best thing is to use the DCA investment strategy in Bitcoin rather than investing in all these shitcoins.
Investing in altcoins is just like gambling, very risky and quick, but I won't totally advise against it and say Bitcoin should be the only cryptocurrency you should invest in. You see, as an investor, keeping your funds in one place is also not a wise decision. Learning and researching about altcoins also increases your intelligence levels and makes you smart in making decisions. You become careful, and you are not just doing it for fun, you'll earn from it too. There are a lot of really good altcoins out there. They're not all shit coins. But my only advice is when you play these games, you play them with little funds. Especially at the start where you have little knowledge about what you're doing.