there's reason why so many big investment firm and companies are having their big share of investments in btc and not in alts because they know it's relatively safe investment and could still gives good ROI.
the thing is, with alts even though sometimes the ROI is indeed multiple folds of btc, but it also carries risk, you could judge if you happened to hold coins like luna and ftt i'm sure by now you're already broke but if you hold btc its just losing some fraction of its value.
while it is safer for Bitcoin to be the choice yet? altcoin shows bigger opportunity for short term investing But the problem is which to choose and how long will it take?
there are several occassion that I do the same strategy buying bitcoin but also buying altcoins for other option.
and this is what have been called diversification .
Indeed, when talking about short-term investments, of course altcoins are still a reasonable choice,
make sure we need to do research before determining which altcoin we invest in,
occasionally it is important to carry out a diversification strategy.
still the safest way? is that we only invest in ranking coins than just random altcoin that we cannot even understand what is the purpose or if legit , there are couple of good coin in ranking position that we can trust and ignore losing (at least in semi long term)
researching is indeed the best tools but remember that even scam project can hide their motive till day comes of victimizing .
for investment I recommend going to Altcoins, but for trading of course Bitcoin can be an option, the reason is very easy, that altcoins can make you achieve 100x profit on investment,
it's just that you have to really choose alrcoin investments which are good in terms of fundamentals , yes there are lots of potential altcoins, for example Nervos and Verasity,
try investing in these altcoins and wait for the bull market to come.
Why not for both Bitcoin and altcoins? It will be a good decision to buy both Bitcoin and some potential altcoins. We have to find our best altcoins because a lot of altcoins are offering high interest but all are not potential enough. In my opinion, investment on Bitcoin is comparatively safe than altcoins if we think about investment risk.
yeah and that is what diversifying means , but at least put higher part in bitcoin if you are looking for longer investments.