As we are either in bull run or approaching it I wanted to understand about investment opinions from fellow users as Bitcoin will remain the first choice of investment but if we want more profit we know we have to go ahead with Altcoin for higher profit with higher risk involved. But when it comes to Altcoin would you prefer the established coins like ETH, XRP, Matic, BNB and SOL or wanna give a chance to newbuds which will bloom during this bullrun ? Existing ones who has pumped during last bullrun or new finds ? Which one would be your choice of investment?
I would prefer new Altcoins which is entering bullrun for the first time.
In are circumstances we all know that bitcoin is the most volatility among other cryptocurrencies and the investment is something you will invest very large before you can make a reasonable profit, but in terms of volatility and potential bitcoin is there and to regain its stand in the market bitcoin is there, so therefore it's good to invest in bitcoin because its not fall drastically without resurrection or increasing back,so it's the aspect we do encourage people to invest with bitcoin.
So in the aspect of altcoins, its very obvious that we take more risk in altcoins because so many of them lacks volatility and also lack potentialities, people who invest with altcoins make sure they targets the market and read the chart of the market very well before investing, because so many altcoins doesn't survive a long run of bearish season while some survive it, so what we should when we want to invest in altcoins is to make a proper research to know the altcoins that will not die off on the process of long term bearish.
So it's not all the altcoins that bring up profit but from my perspective it seems that altcoins investment give more profits than bitcoin for the altcoins that have a potential and for altcoins you bought when the price was extremely low, so getting profit for cryptocurrency is something you have to calm down and study the chart to know when the market will yield profit and when it will not yield a profit.