Hi All
I'm looking a coin to invest in for this bullmarket. Can anyone suggest some.
Current hold Algo, Sonic, Mana, SHIB
You already had some altcoin in your portfolio so I don't see any reason for you adding more altcoin. With the unencouraging market situation where it's highly unpredictable if bull run is still coming so soon or in the next four years, only Bitcoin can save here as some of this altcoin may be dead before the next bull run if not that soon. Presently most of this altcoins have dropped below their last ATH while Bitcoin is still above it's last ATH. So I will encourage you to add enough Bitcoin to your portfolio instead of adding more altcoin.
There are so many altcoins in the market we can invest in without bothering too much but the problem with so many investors is that they are looking for a quick way to make money from the market at the same time looking for project that will give that immediate profits without wasting time. We need to be very conscious what cryptocurrency we are buying and how long we intend to hold them.
We have seen so many altcoins in the market going rug pull without any warnings.
Altcoin is not advisable in any way to hold for long unless you just wish to gamble with it with little fund. So since he/she has some altcoin already, I will still advice he/she buy more Bitcoin instead of more altcoin.