Quote from: Fredomago on Today at 09:07:10 AM

Quote from: Adbitco on September 26, 2024, 11:19:54 AM

The alternatives I think that would help is just to keep holding bitcoin or some other reputed altcoin, even as that i don't really encourage anyone to hold any coin that they don't trust on otherwise there could be a tendency to lose them big time because they aren't doing their proper research towards that coin/tokens. Holding shitcoin is not also means that is an alternatives but when solely relying on bitcoin to hold as alternatives also matters alot when trading doesn't favor someone.

A matter a lot when you are expecting and the market turned against you, not all alternative coins will move the same direction where Bitcoin is heading, most of them are being played by traders and when you feel uncomfortable and sell your holdings that's the time where those big players starts to hype the project, more on timing and how good you are in trusting whatever project you decide to support and hold, but yeah, better to stay with Bitcoin if you have decent amount of money to invest.

So far I think there is nothing better to be used as an investment asset in the crypto world than bitcoin, or some coins below it such as ETH or BNB for example, and besides that I don't believe in other coins, the reason is clear that it is a coin that has been proven to have good prospects in the long term, especially bitcoin itself. But there's nothing wrong with choosing a small coin type to trade or use as a long-term investment asset for example, because after all everyone has their own choices and points of view, something that I think is good and good is not necessarily good according to you, but the point is you have to know about all the risks when you trade coins that are not very popular, none other than because there have been quite a few of my friends who have experienced quite significant losses when they trade coins that are not very clear in their prospects until finally their investment funds get stuck.