Quote from: Adbitco on December 11, 2024, 10:15:34 PM

Quote from: doomloop on December 09, 2024, 06:06:10 PM

Quote from: Lanatsa on December 09, 2024, 10:39:42 AM

Quote from: Adbitco on December 09, 2024, 10:12:51 AM

Lot of people think that holding too much altcoin would increased their chances of making profits from them because they thought there is likelihood of them soaring above expected but have also forgotten that those altcoin can as well increase their chances of losing them all entirely. Like you said having bitcoin as most priority coin and then includes few altcoin maybe 3 of them likely better, just as holding Ripple, BNB and Ethereum maybe he may decides to includes Tron and Sol on their portfolios these coin is enough to hold than going to hold series of coin that could easily create dying part for him.

You cant be able to ignore the probability or chances knowing that this market is really that unpredictable then everything or anything could happen without expecting or anticipating it, which this is the main reason on why there are those people who would really be that wanting or trying out to accumulate as much as they could when it comes into their altcoin holdings on which we cant blame them out.

The primary thing that comes up into our mind that Bitcoin investment would be hardly give out 2x with our investment on which it will really be that totally different when investing into altcoin specially on meme coins or some low cap coins in the market. If you do able to accept the risks involved on investing with those altcoins you choose then it will really be that entirely depends on you. There are times that we cant be able to resist because we do mainly think up on becoming rich with our investment when the bull run time comes. So it will really be that up to you on how you gonna handle your investment.

If you do find out that it needs to be rotated then its your choice. Diversification will really be the most common way for you to reduce risks on getting that totally wrecked with your investment since there's other coins that will really be able to pull up if ever you do have some loses in other coins. Try out to maximize out things accordingly and you are the ones will really be making out such decision

Yes and this was actually the reason on why we are here investing and trading, it is because we believe that there is a chance or probability of earning something. Apart from it, we are already aware that losing can occur too. This is the reason why some are only minimalist.

When we invest in a 1 whole BTC, then indeed it may be hard for us to times 2 our investment but smaller amounts might be achievable, yet a lot of people goes for alts as they think it will be much easier and then the potential to earn more is also there and it was still high. To become rich is a normal dream of anyone because it gives us a better life, therefore we must also be patient, work hard, etc.. to achieve it.

I would still prefer investing in bitcoin than choosing altcoin that are too volatile to handle without even knowing when the coin gonna die completely or not, as we know altcoin are extremely volatile and can lose its value at any given time without us becoming aware. Some of them can completely fall without even rising again or retain back their usual price as we know and back then 2017-18 there are coin that never woke up till date and lot of people invested in such coin, but if they happened to invest in bitcoin by today they could have seen massive profit from their investment.

Everything will really be that in accordance into your preference on which at the time or moment that you will be finding yourself be that confident with Bitcoin investment then you will be that choosing but if you do want to have that bigger potential profits then you will be touching up altcoins on which we know that this could give out that kind of chance on which you cant be able to get or achieve when investing with Bitcoin. Speaking about security and assurance then there's no sure thing on this world even if you will be sticking with Bitcoin because there's no way that we can be able to predict on how things moves specially on this very unpredictable. Loses will be inevitable but if you are holding those known top coins then you will be comfortable that you are dealing the right thing.

Invest on what you can afford to lose and you wont be finding yourself having some issues about some impulsive approach towards investing on crypto investment.