As a trader i strongly believe Bitcoin offers stability and dominance which is one of the core reasons why most traders stick to trading bitcoin on the other hand altcoins brings high-risk, high-reward opportunities. The volatility in altcoins presents both risks and opportunities. As a trader, navigating uncertainty strategically can lead to high-reward trades, though for me, I mostly choose to trade BTC while leveraging a good derivatives platform. What about you and which exchange did you use in trading, kindly share with us.
I’m not that deep in trading; however, I don’t trade BTC. I feel like trading altcoins is better because of the volatility you just mentioned. There is the opportunity to make money, and there is also a high risk of losing your money in there.
Although trading BTC will take a little time before you take profit compared to trading altcoins that can generate profit in a moment when you place the trade, and you know as a trader who is using the trading to meet some of their needs, you can’t trade bitcoin. In fact, Bitcoin is sweet when you buy and HODL.
Both options are sweet, but one is always viable, whereas the other is more risky.