Post
Topic
Board Bitcoin Discussion
Re: Can other altcoins be a threat to bitcoin.
by
Nwada001
on 01/04/2025, 22:51:01 UTC
Many, especially newbies, think alts are faster profit without much risk.

Whereas in reality, it's totally not true.

Only BTC has that much stability to go forward for many years to come without a nerve.
And those who always think that end up on the wrong path; some of them end up lucky, making large profits from altcoins. Why do most of them always end up losing the little they have invested? Altcoins are for short-term investments and are not to be held for the long term. Even for the short time, it's too risky for you to invest in them without keeping a close look. Bitcoin is not risk-free, but we can hold and sleep with our two eyes closed, knowing fully well that it won't collapse.