After being in for the few years in crypto and seeing this brutal bull cycle, I realized one thing that people should only invest in bitcoin as that is the only asset that will be profitable over the long run.
All the altcoins are getting hit and they are not even pumping when the bitcoin is on the rise, seems like most of the alts will be dead after bull season.
Therefore long term investment should not be done blindly, more preferably in bitcoin only
Yeah you're right but it's not like people don't profit from others, they do but it has very high risk and should be encouraged to new beginners who want to start their crypto journey, the best crypto to invest on remains Bitcoin although some people are not very patient to wait for the full circle and rather turn to other risky areas like buying shitcoins and trading. Bitcoin is the only crypto currency that's made it far in the asset class it is very beneficial on the long run and people should consider it first before venturing into other areas of crypto currency. The worst are people who try to involve shitcoins with long-term goals that's a very big mistake anyone that wants to make it in crypto currency should be taking, it better to follow the right part of crypto investment and enjoy the profits on the longrun.