Topic: Bitcoin is not profitable anymore, Altcoins like Avalanche / Algorand etc. are (Read 417 times)

Ten years is far behind, just during the previous bull market more ICO projects reach the market. The objective itself will make everyone mesmerized. Everything will be compared with bitcoin and they're super good against bitcoin, but goes unlisted on any of the Exchanges even after years.

It is true that altcoins give better profit than bitcoin. This won't happen with every altcoin. Another thing same as that you trust on bitcoin, you can't be sure of the altcoins. Just think of the recent crash with Luna, Which made more people end up their lives.

We are now at a stage, where Altcoin technoogy is really professional, like Ethereum was, like it was invented. But most Altcoins will need to age a little bit to gain more trust like Bitcoin.
Because it's only about trust because from a technology side, Altcoins have already better tech compared to Bitcoin.
Bitcoin's best advantage is only Bitcoin's history and of course Bitcoin's limited supply of 21 000 000 Bitcoins.

But Altcoins will learn from it and will overtake Bitcoin at some time.

They are new technology improved from old technologies like bitcoin but the thing to say is that they will replace bitcoin.

If you go back to the years 2013-2107 you will see a lot of cryptocurrencies coming out with new technology and they claim that they are superior to bitcoin and will replace bitcoin. 10 years have passed and bitcoin is still there and where are those new technologies. do you know? altcoins will always be altcoins, don't be too delusional it will cause you pain.

Bear markets do make all coins experience a decline, but that doesn't mean we have to panic and sell the coins we have at low prices.
But we should be more patient holding the coins we have, as long as we invest in potential coins, we should probably make quite a profit.
But usually the increase in potential coins is not always high, so like you said if we want to make a big profit, we must dare to take high risks
by investing in low cap coins. The problem is that most of the low cap coins often end up as scams. I say that, because I had a bad experience
when investing in low cap coins. Indeed, if we are lucky, the profit that can be made is very large from investing in low cap coins. The greater
the profit generated, then the risk is also very big. So in the end it's up to each of us to decide, for me to keep investing safely is the most
important thing. Therefore I prefer investing in Bitcoin, because Bitcoin is so far a profitable and safe.

yeah but once bitcoin fall and whole of market was also falling. Bitcoin gave less roi caused by it has increased a lot. People must pick the small cap tokens to be able tog et huge ROI for them. I meant you must also aware with the fact that if these days market is so difficult even to survive. The bearish market has been eating everything. If you wanna get huge profit and just go to the low cap token.

Being on top does not mean it will generate more profit.
It can stagnate = no profit
Or it can even decline = LOSS

Being on top is really a way, where it can easily go also backwards.


Of course not, bro.
Bad coins will fail.
Overbought coins will provide little to no profit or even LOSS.

You need to do a better research, bro

Not profitable anymore? Then why is it still at the top? You can literally make profit with any coin. Looks more like you are trying to shill for coins that you have invested in.
Look at the price of the coins you have mentioned. They crash a lot when bitcoin drops a little.
Sure, those coins offer more use cases than bitcoin, but that doesn't mean that they will replace bitcoin. Maybe one day, but not now. Btw, ethereum is much more better than those two.

Bitcoin does not just dominates the market but it also influences the rest of the crypto prices. So everything still relies in bitcoin. I guess this is already known to everyone, except for those who insist that their coins are better than bitcoin. But you know what OP, you can only prove that your altcoins are more profitable than bitcoin if they can give you profits consistently, and if they won't lose their value in the near future. Because as what is mostly seen and proven, bitcoin is the ony coin which appreciates its value throughout the years.

I don't think you can compare bitcoin to some short term profitable coins. You should always remember that most of the newly launched projects today have been created from the the image of bitcoin. So definitely, bitcoin is still their bases after all. But sad to say, what we have at the moment are just short term profitability. Most of them won't last, unlike bitcoin that its here for good and its profits will always be intended for long term profit making.

In the short term I agree. But for the long term the ROI provided by BTC is quite large.

I don't agree with what the OP said about BTC's view. I don't think BTC can be compared to other altcoins that are clearly different. BTC still has great potential to continue to grow and improvise to be even better and multiply its value. Both LONG TERM and SHORT TERM, BTC is able to provide a sense of security and a dominant profit consistency. From any point of view BTC wins in worldwide acceptance.

The goal of new project to make a profit is a bit of a problem though. I mean I can see that there are too many projects which have creators who ask for money so that they would keep on working on it. Did Satoshi asked for money to build bitcoin? I mean these should not be really a problem for people to handle, it is not our job to pay them to build something. Build it with your own money, have some yourself, if you are good then it will worth something and you could sell it if you want to, or keep it.

But, to ask us to pay them to build a project is the biggest problem. All those new technologies are paid by us basically, we are the R/D funding they need, which makes no sense to me.

Usually, the crypto community invests in the crypto that has great technology but is dirt cheap. The goal of almost every major project is to make a profit. With new technology, we are able to make more money and gain more benefits. Certainly, new technologies are attractive to the community, but Bitcoin technology and its standard are far superior to all other alternative coins. That is our belief and an unquestionable truth. We are witnessing the beginning of new technologies, many don't realize it yet, but it might be possible.

technology is not completely a reference to cryptocurrency hype or trend. We are community centered here, if the community is happy then hype will be created for a coin. If the coin even though the technology is good but its centralized nature makes the binder make everyone not free in finance, all of them will leave this coin. Yes, I know altcoins like Solana, algorand and others are a new generation that will replace bitcoin, but not with its position, for more than 5 years bitcoin has remained at number one because it has an unforgettable history.

You may true about bitcoin already had a very big price at this moment and the chance to make ROI will be even less than before. You're also true about shilling another altcoins like avax or algo but blaming bitcoin caused by that was the worst idea so far.Bitcoin was even worth only a few dollars and it's even less compared with the price of avalanche and algo at the ico price. So, bitcoin was making so many people become millionaires and there's nothing wrong with it. In my opinion if you must also see the reality.
Shilling was good without blaming superior coin like btc

I know the feelings of people who are left behind because they are late buying Bitcoin when the price is still at $ 1000 maybe?
or when in 2019 it was at $6000, we know that Bitcoin has experienced a high bull and reached a new all-time high price of more than $60,000,
which is extraordinary, and indeed I myself also think that the current price is very high, but when it comes to technology ,
then Bitcoin can still be a valuable investment, yes of course it is very risky, so don't be too selfish to invest here

Your point thus follow your name 'master of shitcoins' isn't it? Who told you that Bitcoin is not profitable anymore? I bought at 39,000$ and sold at 47k and 45k twice, see, BTC is for the big boys, you want to make a reasonable gain with your 10$ or 50$? Then surely you need to look elsewhere, altcoins will easily triple your 50$ into 150$ for you but will be hard with BTC because of its value. Altcoins have higher returns than BTC but BTC is still way profitable.

Well, we should not have a look at what your name is LOL


I want to have as much profits as possible and Bitcoin is not providing sufficient upside potential. Above, I explained, why.
Bitcoin is a solid investment but it's not profitable because Bitcoin is already at such an high price.




Ofcourse, you should not buy shit projects.


It's not only about DeFi and NFT, it's about providing an advanced tech. Nobody knows what will come next. And Bitcoin is ill prepared because it's old code.


So, what?
If we can improve efficiency, we should do it and it's easy because ecological coins already exist.


If Bitcoin has potential to increase, Altcoin have even more potential to increase. Bitcoin is at a very high price already, what makes more gains from here very limited. It could do an x2 and we are at 80k, marketcap 1,500 MRD. But Avalanche could an x10 and it's at 700$, marketcap 200 MRD (!). Huge upside potential for AVA.

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Yes, I'm sure.
Because if Bitcoin will went up, Altcoins like Avalanche will go up much more. Much more upside potential for AVA.

No, it's not wrong, you provided zero evidence. Bitcoin has only very little x gainz from here.

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I did not recommend "NFT coins". What are "NFT coins"? "NFT coins" don't exist! It's no a coin's responsibility if it's used for a NFT.
So you say when Bitcoin is used for a scam, it is a "scam coin"?  
Of course not, it's not how it works.

Yes, it's overbought because it can't make much more gains from here. How much can Bitcoin still do? x5 or x10? x10 would be Gold marketcap, insane.
Altcoins still have much more upside potential because marketcap is much lower.

MAYBE SOME COINS LIKE AVAX, LUNA GIVE YOU MORE PROFIT THAN BITCOIN FOR A SHORT TIME BUT IT'S NOT THE END OF BITCOIN. IF BITCOIN IS DOWN 2X YOU WILL SEE ALL THESE COINS YOU ARE TALKING ABOUT WILL DOWN YOU MORE THAN 10. ALL COINS OTHER THAN BITCOIN AND ETH CAN DOWN TO ZERO BUT THESE TWO ARE BEST AT ALL TIMES.

I don't agree with you on Bitcoin. Bitcoin still has huge potential to grow in the future. Bitcoin is not stopped as yet. Bitcoin is the most trustable cryptocurrency and a new person who enters in the crypto market trust bitcoin not other coins. The other coin you mentioned is also good but there is no comparison with BTC potential. I feel you are underestimating the BTC potential you need to analyze again.

There is a possibility that can happen but not anytime soon, institutions, organizations, businesses etc only recognize btc as the main cryptocurrency to deal with, even if btc dominance declines it is not enough for alts to ascend that throne, like you said, the trust in alts is still very low, compare to the trust btc have. even government trust btc enough to make it legal tender.
for alts to rise to the occasion they need to work hard, earn peoples trust by going the extra length to make their project stand out, make the project more transparent and provide strong real usage for sustainable growth.

And since Bitcoin was born and became the first cryptocurrency, no other coin has been able to match or rival it until now.
I think you need to visit the market once in a while to see what market conditions are when Bitcoin is declining and when Bitcoin is rising, because what I've seen other altcoins are very often going down when Bitcoin is going down.
And vice versa, so how come other coins will overtake Bitcoin if that kind of thing is still happening very often in the market every year

I believe the old technology of BTC is not going to create any barrier in its future progress because these days many people consider Bitcoin as digital gold and I am agree with them it's all shows the massive adoption graph of BTC although buying a whole BTC isn't an easy deal for anyone if someone wants to expect huge profit with BTC then the person needs to invest big amount so on this basis I can't say that BTC is not profitable, it is profitable but only for those who are capable to invest a decent amount in it.

I'm sure the old technology (Bitcoin) will never be forgotten, although in terms of benefits, the new generation of technology will be much more used because the new technology will produce more perfect features.
But everyone will not forget bitcoin just like that, after all bitcoin has made history and has even been in the first position as a cryptocurrency for years.
Everyone who wants to get into cryptocurrency always knows bitcoin first and they will definitely buy it.
Even now bitcoin is the center of all cryptocurrency coins.

As Bitcoin dominance declines, other cryptocurrency projects will grow stronger. Currently, people only own Bitcoin with the idea of ​​a guaranteed investment. If trust in other projects increases, Bitcoin won't be the first coin forever. Time can bring us many surprises  

I don't believe what you mentioned is correct; I am aware that some altcoins earn more profits than bitcoin, and I also believe that Bitcoin accomplished it 10-100X years ago. But did you realize how many individuals embrace and accept Bitcoin on a daily basis? , did you know that cryptocurrency is getting viral all over the world?, I don't believe there is any coin that can compete with Bitcoin, because it has been and will continue to be the main cryptocurrency hero. Bitcoin is the only coin that can provide you profit and keep you prosperous in the long run, unlike altcoins that give you profit today and then disappear tomorrow.

for a certain time yes, avalanche is more profitable. but if it's about the long term, bitcoin is still the winner nothing can be better than bitcoin. once the avalanche hype has worn off, this coin will just be like any other altcoin following bitcoin's movement. this is the same case as Shiba Inu, Polkadot, or doge. when the hype fades the price will stop rising and it will be difficult to even go higher.

Avalanche is a good coin to choose for long-term portfolio. It has a good blockchain technically so it has a good future to grow.

With altcoins, choosing good ones technically then filtering them more to pick a few ones with good in both technical and ecosystem aspects. Next you can hold them and wait for their growth.

Don't arbitrarily listen to and follow advice of any altcoin experts to pick shit coins and hold them. Holding shitcoins will mostly end with pain, seriously.

TL; DR.

Bitcoin is still profitable and that's based on my experience. I've been years holding altcoins and bitcoin and all I can say is that I've got most of my profits highest through bitcoin.

I know that there can be defi, metaverse, and any other projects that can make someone wealthy through holding and investing just like what we do in bitcoin. But the sense is that bitcoin is stable no matter what the trend of the market, it will always be there and will remain at the top.

Whilst the other altcoins can be good as they are today, we might not see them in the next years and there could be a huge drop on its market cap and volume.

The whole market is being led by bitcoin, do not forget it.

Bitcoin is the best coin to inverse your money.The purpose of altcoin was to get all the old loss. How you concluded the statement which is extraordinary.Because the bitcoin was the base for the most of the altcoin. Even now many potential market may survive in the market. But bitcoin place was not in the traders heart. Their are lot of good coin like Ada, Matic, Ripple to inverse. Don't think huge to buy or inverse on crypto.

What OP have said is the truth, better technology always wins. Same is happening with the cryptocurrency. Even with more and more innovative projects it wasn't able to compete bitcoin. Even now bitcoin is set as the reference and the projects were developed. What OP have mentioned looks like promoting projects making comparison against bitcoin. The altcoins suggested were potential ones, but such a hype isn't required.

Earlier during the days of ICO we can see promotions with comparison against bitcoin in terms of transaction fee, confirmation, and different other technical parameters. Finally after the launch we can't see the same getting used anywhere.

Say what you like when you still have the belief about this. But, never force anyone to trust you. History has proven anything. Bitcoin will not be replacable. You know, how many altcoins claim to replace Bitcoin so far? SO many.
But, can they?
Of course, NOT
Why?
Because Bitcoin is the king, never be replaced even Ethereum is the best altcoin.
You may say about Avalanche and other probabilities. I know that this coin is also potential, but the historya dn value is still far away from Bitcoin, how can replace?

You can make the argument that BTC has always been one of the worst "technology" coins out there.

That's simply not the aim of BTC, in my opinion.

BTC is simply a reliable protocol for transferring and storing wealth. There is no need for smart contracts and complete anonymity or DAOs or NFTs. Other chains can do the job.

But regardless, people are going to go back to BTC to store wealth for the long term. And that's what drives adoption and use.

Bitcoin still have the potential to be profitable only if you have the strength to HOLD. Though, Bitcoin may not make fast profits when compared to some Altcoins, like the ones you mentioned, It should not be ignored. Like the saying goes, familiarity breeds contempt. We are familiar with Bitcoin that is why some of us take its potential for granted. According to Cointelegraph (https://cointelegraph.com/news/only-10-of-bitcoin-supply-left-to-mine) only 10% of the Bitcoin supply left to mined. Bitcoin has a hard cap of 21 million coins set by its anonymous creator Satoshi Nakamoto. The hard cap on Bitcoin is critical to its value proposition as a currency and an investment tool. The law of demand and supply will always apply and what it means is that the value will continue to go up. The smaller the quantity, the more expensive it becomes. The use case of Bitcoin is very high as it dominates the crypto market by 42.11% while Ethereum, for comparison, dominates by 18.54% (as at March 20, 2022 at CMC).

And how many of such 'new tech' have we seen in the past, and where did they end up, do you remember when ICO and the rest were just as popular as DeFi and others nowadays, but what happened, we found out quickly that most of all these 'new techs', new projects and all are just being moved by hype, and when the hype slows down, that is more or less the end. When talking about actual utility, you are basically talking Bitcoin, it does not have to be receptive to all of these new stuffs coming into the market, cause it is already useful enough in itself to be used all around the world, most especially as a currency, what i mean is: a payment method.

How many of these new coins you are fascinated about is being used as a currency? Mind you, i am not questioning your love for new projects and their likes, but they are nothing compared to Bitcoin.

You should not get into the extreme statement at any point. Many people became a millionaire, when the price of bitcoin had reached the value of 60k dollars. Do you disagree on this! Not a possible one. Investment on bitcoin need huge for huge profit. But it doesn't mean, it won't give you.Now current situation for the money investors is altcoin.But we can't say bitcoin will not give you profit anymore.Altcoins are boom to less money investors.

Of course, bitcoin will always be profitable, no matter what people or investors say. The altcoin advantage is that they are cheap, but if you are going to put the same money, it's better to invest it in bitcoin because it is solid, a prime mover and the risk is very small. As compare to altcoin that it might do a rug pull or the increase in price is just for short term and then the pump and dump scheme which is very dangerous as you can lose your money in short amount of time.

Bitcoin is still profitable. May not be as largely profitable as Avalanche or Algorand but is still a safer bet than any other altcoins. And the chances price of bitcoin to keep rising is more than any random new altcoins as there are no real competitor to bitcoin on its genre. A new coins with newer tech could bring more utility but they would also be constantly fighting with newer similar coins while bitcoin has no actual competition.

All thanks go to Bitcoin because that's why almost all altcoins are surging as well, if BTC has a bad move it will affect other altcoins that's why BItcoin must be in a good mood for altcoins to shine.

you could say all those things regardless the trend setter is still bitcoin, you see although bitcoin is still rather old and being called as centralized for someone that have relatively huge capitals in their hand, it’s still the only altcoins thats being followed by quite literally
all other altcoins available in the market right now, everytime bitcoin going down, the other is also going down, and fluctuation in btc is still considered relatively huge that means its still have the same potential compared with any altcoins with lesser market capitalization.
if it comes in investing with bitcoin, i’m sure your capital plays the bigger role here, smaller capital tends getting swept over.

I agree with OP if you want a huge ROI but risky. Go for altcoins.
But what a good portfolio looks like for me is having a huge exposure on Bitcoin or other high market cap altcoins. And other than is adding to some mid to small market cap as if it will go well, you will be expecting huge ROI.

Yes, in this case I strongly agree and agree with your statement because it has been proven from year to year when market conditions and Bitcoin are not good, then almost all altcoins experience the same or worse than Bitcoin, and vice versa when the market and Bitcoin is starting to fix its price in the market.

I can not believe we are calling NFT coins superior to Bitcoin.  We are literally buying willy JPEG's hoping for a profit.  NFT's are WAY more overbought than Bitcoin ever was.  It is just a trend that is already fading away.

You are calling Bitcoin overbought.  Everyone else was too, when one Bitcoin was only worth $1,000.  Yet here we are. 4100% profit and still going.  Only last year alone we had over 1000%.  It is overbought because..?  Do you really think it can not grow much more than $60,000?

I can not wait for the moment Bitcoin hits $500,000 per coin and new threads pop up saying it can just not go much higher.

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Regards,
PrivacyG

Bitcoin in terms of investment versus those mentioned could definitely far. As a trader I can understand him as he can viewed the multiplier of those he mentioned bigger than bitcoin. But in terms of decentralized aspect we can see that bitcoin is the only one with 100% of it.

I cant blame OP if he said that since he is right. You buy $500 worth of btc and let say $500 worth of avax today. $42,000 and $88 per coin. Im sure we all knew whose gonna do even a solid 2x multiplier there. No hate, just seeing which one is profitable.

Ok, so we are now agreeing that Bitcoin does offer "newer tech" like Defi and NFT as you've said.

Speaking about technology while relying too much on how much energy being used seemed doesn't right, does the efficiency comes at a cost? as an example how about those two coins in security aspect compared to Bitcoin?

Are you sure?
Have you ever thought that the bullrun wouldn't start before bitcoin went up. so if you believe bitcoin is not profitable then the whole market is not profitable anymore. Coins that you think are very good and have great potential because they are newly released will not develop because the market is no longer profitable. So basically your thinking about bitcoin's golden age is over is wrong.

Even if you are in the market for the thrill of high-risk investment, you might have better chance of getting profit from bitcoin than from your “new” coins. Buying your digital currency without understanding the market is extremely risky. In fact, most investors fail because they misunderstand what they’re buying. Don’t be fooled by words like “diversified investment portfolio” or “high-yield investment portfolio”; most of the time, the high-yield investments actually provide very poor returns.

strange that your username is Master of Shitcoins, from what I see you really like... well I better stop here

back to what you posted:


Do you want to have 100X profits? In what normal investment can one expect 100X profit? It is necessary to note that the bitcoin market has grown a lot, and this has made it a safe investment, getting returns of `5% to 300% or even 500% holding for years is still possible with bitcoin and they are realistic and realistic returns. more reliable than putting money into some altcoin just because you want to make 100X profit but taking a high risk of losing all your money is simply insane and inadvisable to do. so i can say with certainty that bitcoin is still the best and safest investment in relation to altcoins


every day meaningless projects are created, with no practical use, projects that are copy/paste of someone else and scam projects


this DeFi and NFT that you talk so much about, I particularly only see advertising like ICOs, in practice I don't even see their advantage


even to print money it is necessary to spend electricity, so it all depends on the point of view


bitcoin still has great potential to increase a lot

Bitcoin can be used in DEFI through second-layer solution and this is also an alternative way for you to earn passive income from using bitcoin. You must not mislead people with it. Stacks, sovryn and so many defi bitcoin exists right now. Just because you are investing in the avax and algorand it didn't mean you must blindly supporting those coins.
I do know how good those coins are as well but bitcoin is the truly decentralized coin right now. Those coins are controlled by the developers. I think that you forget if various solutions have already been implemented on bitcoin. Bitcoin is profitable for the whales as the price of bitcoin is already valued at a high price.

That is interesting.

I think that from the perspective of someone who has rode through multiple bull/bear markets, BTC simply serves a different purpose as a store of value.

New tech always comes out in bull markets and then most go to ashes during the bear market. I don't think that this current bear market is going to be any different - the actual good projects like ETH will continue to survive, whereas the lower market cap coins have a very low chance of actually surviving.

bitcoin was long term invesstment instrument , and if you look its price averagely down. but its not only talk about price if we mentioned bitcoin, but also its affect to crypto market. bitcoin bring alot benefit and advantages to altcoin price. there are alot opportunity created there. investor not only looking its price , but also opportunity to gain profit from its movement.

technologycally bitcoin didnt provide it, but dont forget it also have lightning network that will beat all altcoin feature when mass adoption coming. its pure decentralized technology without any utility except on its adoption itself.

Yes , because new tech always wins. Bitcoin doesn't support DeFi and Bitcoin doesn't support NFT. Avalanche also supports ILO, which Bitcoin doesn't support.
For every new technological innovation, Bitcoin doesn't support it.
Bitcoin's lack of support for new tech will quickly backfire when new tech gets more relevant. DeFi and NFT are sill very conceptual but will improve and when it's relevant, Bitcoin will lose places against new, competing coins quickly.

Yes, it is more modern and outlined above.


Never bet against new tech, bro

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It never gained traction because Bitcoin is not a DeFi / NFT chain. Bitcoin is used as a pay-only chain.


Efficient of energy used. We can't afford to waste huge electricity while we have more efficient tech.

You are right and I think it also that she/he is do not like bitcoin or did not what is bitcoin and what are the benefits if you holding a bitcoins.
And Op about these coin Avalanche, Algorand you've mentioned I don't think too if these coin will replace to bitcoins as a king. There are a lot of coins in the market but sad to say they will down and now they are gone.

How come bitcoin is not profitable anymore? While its so volatile which you can adopt and earn with it many people do short trades on it then yet they are gaining good numbers of profits. If you are greedy trader then you will not really get what you wanted on bitcoin because bitcoin is not always a pump stable coin.

But always remember this OP if bitcoin price drops all of tokens especially those what you mention will also dump to.

^ Definitely right and I agree with you.
There is no single coin that can do the same as BTC, there are a lot of features that other coins can't do if we compared to BTC, and also there is no single coin that has a pure decentralized nature which is only BTC has. You can still make a profit on BTC if you want, at least you have a safe investment that the altcoin that you have to choose and you will never know until when they will have progress. BTC is profitable and does not put on a high risk your investment.

From the past posts of the OP, I am pretty sure that s/he just don't like Bitcoin at all.

@OP There are way many more coins in the market now and it just wants me to stick more into Bitcoin. Lots of coins just disappearing off the CMC plus I don't think those coins you mentioned were meant to replace Bitcoin anyway.

I agree with some of your points but at the same time i think that other points of you are wrong. It is definitely true, if you ask me, that Bitcoin is not really on the same level than a lot of other projects out there in terms of technical possibilities, usability, scalability and overall functionality. The most prominant example for a technically superior project is Ethereum i would say. There you can create your own token on the Ethereum network and the smart contract functionality enabled that whole Defi trend that was the reason for the big bullrun back in 2020 and 2021. Other projects that you have listed are having the same functionality as Ethereum now.
It is also true though, that Bitcoin is THE cryptocurrency out there and will probably always be the number 1 crypto project because for most people that are not really into crypto it is still true that crypto = bitcoin.

Are you shilling? Sounds pretty much like laid shilling to me, because really would you actually think Bitcoin as not to be profitable only mention the above names(I won't give them publicity) of coins as profitable.

Get this correctly, just because a coin is super cheap and the other is expensive doesn't make the cheaper on more profitable, investment is futuristic, be it a day ahead or years ahead, so you should always choose the project with the biggest future potentials, and right now no coin reaches Bitcoin.

How could you conclude that while the reasoning you stated mostly talks about the price aspect instead of technology or innovation?

Specifically about Defi and NFT, have you ever heard about Sovryn and Raretoshi? I presume nope.

And heck, Bitcoin was even started way earlier to be able to support "NFT" with Colored Coins.

Efficient of what? In what terms? do they also have a strong blockchain as secure as Bitcoin? Sacrificing security for that so-called energy-efficient tech is a no go.

Do you really believe the above, what is the use case of the coins you mentioned above? And do you honestly believe this new coins have a better network that Bitcoin? Absolutely not. I could understand the point that has to do with get rich quick investors trying their luck with new projects and their pump and dump coins, but Bitcoin has a lot to do with being patient as it is a long term investment, it definitely isn't a pump and dump coin and it has an actual utility that will see it last for as long as possible and continually appreciate in price. As you look for x100 with new projects, do not forget the grave risk involved, many of this projects disappear quite easily; do your research into the Bitcoin network and other networks for proper understanding.

From an innovation perspective, Bitcoin is not a profitable choice anymore if we are doing an analysis.
Arguments:

• Bitcoin has already made most profits when Bitcoin was new 10 years ago. Yearly profits for Bitcoin are going down every year. Right now, it can't make much profits anymore because Bitcoin is already very big. Even a x2 for Bitcoin would be huge. For comparison: Bitcoin made x100,000 already. Bitcoin is at his life's end from a profit’s perspective. Maybe it can still make a x5 in a decade but compared to Bitcoin’s x100,000 already, it’s a tiny profit.
• More new coins, just released recently can make a much bigger gain from a price perspective because market capitalization is much lower. Good examples are Avalanche and Algorand, which could still do a x100, while Bitcoin only does a x2
• Bitcoin doesn’t offer new technologies like DeFi and NFT. It was a big reason why DeFi and NFT coins like Ethereum and Avalanche made big gains and will continue to make huge gains because new technologies are supported by coins like Ethereum and Avalanche. Bitcoin doesn’t support new technologies like DeFi and NFT. It will be a big issue because it’s very important to support new technologies and if not, your coin will be dropped and replaced by better technology. It’s always how tech improves.
• Bitcoin wastes a lot of electricity because more modern coins are more efficient.
• Bitcoin is overbought because everyone knows it while new coins are still very unknown and will get known more over time. Avalanche was only released in 2020 and Algorand was also only released in 2020. Only few people know yet about Algorand and Avalanche.

Conclusion: new tech (Avalanche, Algorand) is king and will replace old tech (Bitcoin) because better tech always wins.