Quote from: Swordsoffreedom on May 30, 2025, 10:15:14 AM

Quote from: Gost ms on May 30, 2025, 09:49:42 AM

Long-term investment in Bitcoin is much less risky and your chances of making a profit are much higher.

Is this true? Because as far as I know, the reason people choose to invest in atlcoin instead of bitcoin is because they think it is too expensive and no longer brings big profits. So they are willing to take bigger risks by investing in altcoins with the expectation of making big profits and getting rich just like the early bitcoin investors did.

Altcoin making bigger profit was true a cycle ago, now it's not true because bitcoin outperform them all.

A simple comparison between ethereum which currently sits at $2600 and BTC which sits at $100k and above is a clear and obvious hint why holding altcoin isn't all rainbow, instead you get all the risk with lower return.

ethereum supposedly sit around $6k if it were to follow bitcoin's performance and more.