Post
Topic
Board Bitcoin Discussion
Re: Altcoins are sucidal!!!
by
CroverNo01
on 11/09/2024, 18:47:37 UTC
Let's face it you can't get rich from buying and holding bitcoin. 10-15 years ago yes but not now. That's why people opt for altcoins.
Buying bitcoin currently, more like running at a loss because the market is filled with high tension of volatility which is not good for the system. 10-15 years ago, bitcoin was valued low and gives opportunities for people to bagged it in huge quantities but most people underestimate the project, because crypto was yet to break through into the limelight. Forward to today, Bitcoin is important for the pressing survival of most investors, probably referring to the longterm bitcoin holders, they're eating the fruits of their hard earned labor. Hence, Only the strong survives in the space, it's either you go hard or go home. Getting rich from bitcoin would be possible if we're holding on bitcoin during the bear season, I know it's been really a rough one for vast majority of these traders. Altocins are one of the basics of cryptocurrency and the presence of altcoin sectors generates more traffic and brings about popularity.