Of course the main foundation of investing is that our personal financial goals must be achieved and not all must always take long-term investment positions and become speculative traders but try as much as possible we must be able to take advantage of Bitcoin's momentum for the long term. for fake altcoins of course not but if it has a use case and fundamentals like the familiar ones we observe such as Ethereum of course it is highly recommended by many people in this forum.
Investors and traders are two people with different positions for this even though the two people can do both in the same time as the goal of increasing profits in a certain time. But what needs to be understood here is about buying bitcoin for long -term investment even with the amount of capital that is improvised, but if it can be done routinely by anyone, then the effect can also be extraordinary for that person. And for Altcoin, it seems that it still has to be smarter in the selection so that I will not recommend anything for that even though the altcoin you say is also not bad to have.
Bitcoin nvestors are in a more better position than traders when it comes to risk management in crypto currency, trading comes with a very high risk and most times, traders out of greed forget to risk what they can afford to lose or trade with their spare cash, they go all in with huge money which is highly risky. Investing on Bitcoin might not be totally risk free due to volatility but it's a risk that's worth taking and if followed the right way, it comes with much profit in the future, Bitcoin is something that involves the future and to succed in investing on it you'll need to have the mindset of investing for longer period, why people fail and lose is cause they lack patience in holding and are not disciplined enough to avoid taking profits whenever it pumps but if an investor can follow the right process by holding for long-term, stay dedicated to the process, use good strategy like DCA then there's no way they'll complain about losing, cause the lose is recoverable, that's why it's a risk worth taking, compared to trading where you lose and lose out completely.