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Topic: Altcoins profit should be short unlike bitcoin (Read 42 times)

legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
January 19, 2025, 11:20:51 PM
#3
worry not I think the coin will just be like another meme, valued so highly just because a meme and thats it, big fat chance it will retain its value after having price discovery, but since it's backed by the president of the USA anyway, you know price can always sky rocket but that's also the nature of meme.

I do agree, altcoin profit is short term only, if we see from previous cycle, we can easily see that most of alt coins are just disappearing, even the one with big fundamental like EOS, and so on.
I also only invest in alt and dump it when it seems bullish has reached diminishing return.

bitcoin on the other hand, will always have massive growth every bullrun cycle.
hero member
Activity: 3192
Merit: 597
Leading Crypto Sports Betting & Casino Platform
It is good to enjoy altcoins when it lasts because most of the existing altcoins do not have long term value like bitcoin.

Just like Official Trump. Have you thought of what will happen to such coin in long term? It will be more about what later happen to Trump.

Bitcoin founder  Satoshi Nakamoto is not known to anyone in the world. It is still the coin better for long term holding. Clearly it has been showing this since 2009 that it was created
There is no doubt that holding Bitcoin is better than a Trump backed memecoin. It's all known that these coins are made for hype and whoever relies on them in the long term will see what they are looking for and that's going to be one big loss for them. So, to those who got in early and got out early, they've made profits for sure and that's what everyone needs to do. It is for everyone to make money while the hype is fresh and don't take it any longer because the hype can be gone quickly if you're too optimistic about it. Be wise people, take your profits out of the alts and move it to Bitcoin.
newbie
Activity: 18
Merit: 10
It is good to enjoy altcoins when it lasts because most of the existing altcoins do not have long term value like bitcoin.

Just like Official Trump. Have you thought of what will happen to such coin in long term? It will be more about what later happen to Trump.

Bitcoin founder  Satoshi Nakamoto is not known to anyone in the world. It is still the coin better for long term holding. Clearly it has been showing this since 2009 that it was created
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