Altcoins are easy to turn into zero, especially meme coins that do not have an actual project and clear goals. There are many altcoins in the market, but you need to fill your wallet with promising altcoins and invest your money in them, not altcoins that appear a little and fade with time. For me and most traders and investors, Bitcoin is the safe coin in the market, which increases in value and acquisition over time. You need to gain enough experience and use strategies and review the events that influence Bitcoin prices. Hence, you know when to buy and when to sell. Holding bitcoin in the long term is the best decision for me, as we are waiting for the halving and the bull run to make us ride the bullish wave. Robert Kiyosaki, the famous author, and investor, also predicted that the price of bitcoin would explode by 2025 after the end of the fall and after the Federal Reserve printed billions of dollars to achieve stability in the market. So I am optimistic and patiently waiting.
"Altcoins could easily turn into zero", ilike the sound of that.
The only goodnews I can say is there in altcoins is the cost, which is relatively cheap and how easy it is to have it confirmed on whatever blockchain it's built on. Aside from these, the risks in altcoin investments is just so much. The level of predictability is almost zero and it makes the mark rather easily. Here, I can't say anyone has an edge as to predictability but still, you can have your go at it with what you can afford to lose and always take profit or cut your lose.
Bitcoin is the definitely something to hold on to. It offers some securities but again, we've someworth hedge the bullrun with the halving due to records. Even I is guilty of this but, can the trend change and what becomes of this sentiment in the event that it does. I've seen this before and haven't to have the point highlighted again has got me thinking to myself on it again.
