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?
- Literally speaking, I would agree that we can get higher earnings in altcoins compared to Bitcoin; this is true. But you should base your investment on altcoins that are listed on the top market. And you must also know how to analyze potential bitcoins.
Although it is the same that you can get profit in Bitcoin and altcoins, the level of risk in altcoins is higher compared to Bitcoin. It is not possible to say that you will not earn from Bitcoin because that is wrong, because the assurance that you will really earn from Bitcoin is higher compared to altcoins. Though the level of profit we can get from Bitcoin compared to altcoins is only low if the crypto is right that you will really hold.