Quote from: eightdots on Today at 07:07:55 PM

Quote from: Raflesia on Today at 05:44:13 PM

Quote from: tradingtalks on August 28, 2024, 07:00:39 AM

I agree that investing in altcoins comes with significant risks, and it's crucial to conduct thorough research before making any decisions. However, it's important to note that not all altcoins are "shitcoins." Many have promising projects and real-world applications.

The problem lies in risk because whatever you call it, whether it's altcoin or shitcoin, everything is the same where they have a much greater risk than bitcoin so that the damage effect will be more pronounced if we are in altcoin compared to bitcoin.

Indeed, we are free to choose whatever we like, be it bitcoin or altcoin because indeed everything depends on their respective choices but in the end we must also have greater consideration in the end whether what we do is worth it or not with the final result later.
If talking about bitcoin and the goal is long-term then I can answer that it is very worth it but in the end when the choice is altcoin then I can't consider it worth it or not so the choice in this case becomes important whether it is worth doing or not for us as long-term investors.

The market gives us the freedom to choose what we want. Making decisions based on the opinions of others when investing can be a mistake. You need to research and analyze what you are going to invest in. Every investment brings with it a certain amount of risk. It is the person's own decision to decide according to the size of this risk. Every decision has a consequence and if we want the decisions taken to produce good results, we should do research when making decisions.

We should do good research in altcoin investments and be careful when investing according to risk. Not all altcoins carry the same risk, there are altcoins that can be a good investment, but there is always risk.

When we are tending to make out some investment then it would really be just that right that you should really be that trusting up your own liking and preference rather than on listening with other people suggestions
and recommendations. Somehow there would really be times that it will really be that something relevant on trying to snip out some ideas from other people specially on investing or simply that in connects
about on how to make some analysis and other correlated things. When it comes into the word suicidal then it cant really be that denied that on the time or moment that you do step your foot into this market.
Making up some investment would really be that entirely be depending on you on how you do make out some decisions on which project you would really be planning on investing into.

The good thing about dealing up with altcoins is that you could make profits which is more than on what you can obtain or earned on simply choosing Bitcoin. Although it wont really be that something that been forcing you out on what you should invest but it would really be that best that diversification would really be that something relevant on this case. It would really be that important that risk taking factor should really be
your main consideration. We do have those gems on crypto space but detecting out on which one specially into those early time or moment then it would really be that hard to choose up.