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If investors cannot come to the right platform, they will make mistakes at the beginning. There are many investors who try to invest in altcoins to get quick profits. But at some point, when they return empty-handed after holding, they realize their mistake. It would not be wrong to say that all coins except Bitcoin are gambling coins. Even the top-level altcoins whose existance cannot be guaranteed.
In terms of investment, one should not only look at profit. If you do not find a good investment platform, then it is unreasonable to expect profit. An investor is not guaranteed to make a profit by investing in Bitcoin, but if you review its history, you will see that everyone who held Bitcoin has benefited, especially those who have been able to hold their assets until it reaches all time high. In investing, the most appropriate policy is to invest in Bitcoin and plan to hold it for the long term, rather than in any other alts coin.
The important is they can research of what they will choose. But if they realize that Bitcoin is the best coin for them, they don't have to take a look at altcoin. They can focus in Bitcoin and allocate the money they can afford. But they can use altcoin as their second investment but they must really careful because there is so many altcoins in the market that can make us confuse to choose. But they must realize that investing in Bitcoin or other platform need time before they see their investment value increase. People forget about this because they think that after they invested their money, they will see the increase so they can sell it right away but the thing that will happen not like that.
Many investors have this thinking, they always want to see only the pump, but at first they cannot realize that Bitcoin does not move in one direction, Bitcoin moves in both directions, it will dump for a while and then move up again. This is how Bitcoin moves, so you should never invest in Bitcoin thinking about short-term gains. For those who want to move with a long-term perspective, the best investment currency is Bitcoin.
If an investor understood the real potential of Bitcoin, then he would never chase after other altcoins and would only invest in Bitcoin, because Bitcoin is the most secure, profitable and solid investment in the long run, so instead of wasting money on other investments, invest in the right place, i.e. Bitcoin, there will be no other investment as successful as Bitcoin in the long run.
Those investors who may be thinking like that are those who invested blindly without even understanding the definition of Bitcoin. How is it possible for someone who understand
even definition of Bitcoin could think that Bitcoin's price will continue moving in one direction, always pumping without any time for correction? As long as we have some big investors who enter the market for the short term, Bitcoin will always experience dips and corrections. This is because, as some big investors sell their Bitcoin investments, there are also people buying more.
People who focus on altcoins are usually those who are eager to make quick money from the crypto industry. Many of them know the fact that Bitcoin is the best investment, but due to their eagerness to make quick profits, they decide to gamble with their funds. In the end, they lose their money by investing in some altcoin projects and later regret their decisions. It is the lack of patience for holding Bitcoin long-term that drives some people to make this kind of wrong decision, choosing to invest in altcoins instead of Bitcoin.