Quote from: Onyeeze on August 28, 2024, 09:15:25 PM

Quote from: Emmanuelex on August 27, 2024, 08:09:21 PM

Bitcoin is good. Despite that I have seen so many coins and even invested in them, at the end of the day I still go back to Bitcoin. Other cryptocurrencies are just like side chicks, while Bitcoin remains the main chick that you will always go back home to Roll Eyes

among all the cryptocurrencies bitcoin is the most volatile coin among all, but the thing is that people don't like to invest on bitcoin due to the ways of increment, I believe that bitcoin as a coin gives rise to most of the coins that people prefer to invest today instead of bitcoin, from my research I found out that why people do like to invest in altcoins is because altcoins when you invest on it and it happens that the coin is progressing in the market you are in better chances of making three times of what you invested from, so I believe that is most reasons people invest in altcoins.

Right now we may not come to the agreement that Bitcoin is the most volatile, we can count a few more cryptocurrency that has recorded higher percentage of volatility compared to Bitcoin. Those who would prefer Altcoins rather than Bitcoin are those who do not value their investment capital, why would I think to DCA my income into something that ends up being a probability of giving profits or not whereas with Bitcoin there is 100% assurance of making profits. Sometimes we have to tear out from greed and commit to where our funds are safe, Bitcoin may not give X3 or X10 in a shorter time frame but definitely it will while holding but yet investors are not meant to incur any form of losses compared to most cryptocurrency especially to those not correlated with Bitcoin.