We aren't done with trash coins yet until we realized that bitcoin is the only solution provider to this, aside bitcoin in cryptocurrency, other coins are altcoins, there are also a number of shitcoins that constitute same, but there's a way we can also invest on some prominent altcoins from the list of best rated ones starting from ethereum and few others we can choose to go for if we have the experience and the ability to risk on them.
Just choose the altcoins that you know and believe will someday grow or as you've said, the prominent ones. We've got a lot of them and it's your choice on which is going to be your pick. There's lesser risk with them and that's gonna make you like Bitcoin because it's always been the stable crypto in the market. Stable in that sense that you've got assurance that it won't be rugpulled unlike the choice of many folks today, meme coins, NFTs/tokens, etc. Too rampant in that scene.
thats right but what important thing is to know the right time to invest, because we can be investing in the best coin out there but if we invest at around the peak then I guess we gonna get mediocre result if not worse.
right now investing in bitcoin is still good idea, not to mention the fact that there has been some correction these days just make investing in bitcoin all more alluring but i'd argue that investing in altcoin that are top 100 and above are just as good.
because they also have tendency of increasing in bullrun market and their increase usually are also quite high, i would say that investing in bitcoin for half of the portfolio and the rest to some altcoin distributed across many good coin that we consider to be good enough for long term increasing to get best of both worlds then we can safely say that our investment gonna perform good when the bullrun is coming for real.
because the worst scenario could only come when instead of bullish that come its bearish, but at that worst scenario we could just wait it out because we know the coin we investing in is just good.