Bitcoin Forum

I have seen someone who invested in Altcoin that was new and made money from that investment huge amount of money that has changed his life forever, if you don't like taking risk is up to you but allow people that love it to continue doing it, I always see people saying investing in AItcoin is a very wrong decision but to be honest is not, if you are a risk taker, you can be investing in Bitcoin because Bitcoin investment is a very good investment and it's more safe when it comes to cryptocurrency investment however that those not mean you can't use some liftover from your Discretionary income after you have accumulated Bitcoin for that week or month to try another coin it most not be done every month or weeks just some times.
But if you know you usually don't like playing around with your funds then stick to Bitcoin because is more safe.

You can only say that because you haven't fall victim of shitcoin dump or rug pull, that's why you still believe strongly on alt/shitcoin. Well let me inform you that majority or large number of people have lost huge amount of money and have learnt their lessons in a hard way, and that's why you see them talking about the risk in shitcoin investment. There is never a time it was stated that people can't try out risking alt/shitcoin but it is always said that you should gamble with what you can afford to lose as not to lose all your money.  Although it is possible for your friend to make big profite from altcoin, but it doesn't happen always. It could just be that it was a new tokens that was fast rising as a result of it massive demand by  buyers, and on the process your friend sold off before it falls. I believe your friend sold at the right time, maybe if he had waited more longer the team behind the project would have liquidated it and it dump so badly that everyone would be left into rug pull. So you need to be careful with your shitcoin because it can be tricky and at thesame time Risky.

 

You didn't read all my write up, the reason why some set of people has lost a lot which even cost them to become frustrated was because they took the investment as a safe heaven and because of that they used huge amount of money to invest in it, some sell properties just to invest in Altcoin which is not right, the same way it has frustrated some people that's same way it has made some set of people rich, those that benefited understands how it works, some set of people are so greedy and that is why they also lose.
Now in my write up I said if you don't like taking risk then is better you continue investing in Bitcoin Because is more safe, believe me using want is lift from your Discretionary income to invest in Altcoin won't cause you any pain if it fails but it can cause you joy if it's succeed.
People should just learn to invest wisely, money for a 2 bottles of beer can be used to invest in Altcoin.
So the choice is your  :)

Investing in Bitcoin is also risky. Just pick your poison and pray you have the stomach to withstand it. Altcoin investment can be tricky as they don't have as much reliability as Bitcoin does but that doesn't mean that one can't make money from it. The important thing's to be vigilant so you know when you can pull out because some people from what I've seen and read often get carried away and forget that these coins do not hold as much assurance of lasting as Bitcoin has done and may want to keep putting in money then before you know it, they'd lose all because of a crash.

Investments come with risks. Especially when they're not diversified within a global or national developed economy. That's always going to be a fact.

Whoever takes the most risk stands to gain the most but also lose the most. A lot of money funnels into projects and when a project starts gaining traction, its competitors start doing the same. There are a lot of defi perps platforms now and there was just dydx for a long time - there's now probably too many. But most of those are worth different amounts because they've vastly different features, security and governance.

The same goes for any altcoin, once one starts doing something innovative it either fails or many others start to follow suit. The top 40 or so change quite a bit though - enough that if you find a coin that looks a bit undervalued, you might be able to make a few x on it. But nothing's guaranteed.

Obviously there's no rule for successful person.

We all know almost all casinos have house edge and theoretically in the long run, the casino will be in profit. But if there's a gambler can still profitable in the long run despite they gamble in a casino which have house edge, then where's the problem, right? :D

No one is forcing anyone to or not to invest in whatever he dims for to invest in, at the end of the day, it's your choice and the resources you're going to put into that asset is yours. The only thing we are saying is that investing in an altcoin is more risky and that it can get a person all wrecked as long as the person is investing into it with a short term plan.

Just like gambling, there are people that get lucky in it and at the same time, there are multitude of others that aren't too lucky at it and lose in the process. But even at that, it's hard to convince them to stop because of the thought that they also can be lucky. At the end, it's about talking a step you're ready to face the consequences or outcome.

Nobody ever made a decision on other's behalf, when it comes to trading and investment, we go part ways to do whatever thing we see as best for us, because we will also be found being responsible for anything that comes out of it, but the truth must be said, the right thing must be established and suggested to avoid more people being a victim of rug pull or shitcoins, same as those that go into trade, we advise and left for them to decide.

I think that investing in Altcoins is comparatively risky, it is reasonable to invest in Bitcoin consistently. However, it is very important to use discretionary earning for our Bitcoin purchase, because Bitcoin long-term investment system, the risk of losing money by investing in the short term can increase many times. With a long-term plan, you need to buy Bitcoin in small amounts consistently and by holding it for the future, you can avoid inflation and expect profits in the long term.

This is one among many good news from altcoins investments, but what we must know is that, we have to measure the risks and limit them in other not to take the risk that won't be bearable in the long run, altcoins investments is gambling in disguise and as much as the profits comes so are the loses sometimes so we need to be careful while taking risks.

Yes, investing in an alt coin is really risky and can ruin anyone because we know that it is less stable and less liquid than BTC. To be honest, when Bitcoin was at its all-time high of 126k, you might have noticed that alt coins were lagging behind, so many people were hesitating whether to buy alt coins now or later. You are right that it is important to use discretionary income before buying Bitcoin but, if one is a risk taker, perhaps using some of the liftover from this discretionary income, one could try other currencies or even altcoins. However, if you do not want to play with the earned funds, it is better to stick with Bitcoin investments, a move that can be expected to yield returns if held for the long term and this step may be risk-tolerant for those interested.

How risky do you mean? Too risky that you will purchase and won't see the price increase or too risky that bitcoin project will get rugged. The risk you are talking about should be from personal mishandle of wallet, either allowing yourself being prone to attacks that will make you lose your funds, aside that what other risks compared to altcoins that are completely centralized and controlled.

A Bitcoin maximalist could say that altcoins are shitcoins and they are not interested to buy altcoins, that's their decision and they have reasons for calling it bad, you are not wisers than them who has started quite on time to accumulate more Bitcoin for themselves but when you think altcoins is good for you and if you have also gained profit from the pump and price manipulation of altcoins, you could be smart in your own way,  but on a long run you will understand my most people call altcoins bad investment. When buying altcoins it's because of making profits from the pump but what if it dumps? You will be in a big unrecoverable lose, so be smart and risk what you can afford to lose.

Altcoin investment is all about positioning, knowing when to buy and when to dump. Many investors do miss that when they invest in altcoins. And those who know when to enter and get out of the market are the ones who make a fortune out of their altcoin investment.

That person you know who made a huge amount from an altcoin investment. Ask him or her how they achieve that? You will find out that they invested in different coins at their early stage, when their price was low and they got to dump it when some of their hodl altcoins were at a high price. They didn't continue to hodl them for more gains.

Many investors in the crypto have miss their chances of being made in life from altcoin investment. Some will be made in life in this upcoming altcoin season, if it comes. Some will miss it because they are looking for huge gains from their invested altcoins

I just think that people misunderstood the words when they say don't fuck with altcoins, personally I think what it means is that bear in mind that you're gambling and not making an investment because if you throw around a whole lot of money hoping it fails on a good floor or sticks to the wall but not guaranteed to be fruitful so you too do not be deceived with successful attempt of your friend because he probably took losses that will never be talked about but only discuss the successful attempts.

Don't deceive people into investing into something that they'll regret because although you know someone that made it big from altcoins, we have many others that're losing money because they invested in altcoins thinking it'll be the next Bitcoin but they have lost their life savings. I'm not saying all altcoins are bad but many of them are bad therefore it becomes difficult for you to choose which one is the best one to invest into. For the people that claim they know the next altcoins to invest in, they're lying because they don't know anything and if they had known, they won't come and be exposing their secrets to wealth. They're just guessing like everyone and sometimes they become lucky. Altcoins are risker while Bitcoin isn't and you won't lose if you choose Bitcoin.

It's up to each person to decide where they want to invest their money, whether in altcoins, meme coins, or Bitcoin, but after seeing so many people lose their money in altcoins and countless projects turn into scams or simply disappear, we should be much more cautious in choosing which coins to invest in. choosing an altcoin is the same as accepting a much higher risk because your money can be lost at any time, since most altcoins are centralized and often launched solely as scams.

so, again, do you want to take that risk by putting your money in altcoins or sticking with the safer Bitcoin it's entirely your decision.

Risks must be taken in investing. If someone tries to make money without taking risks, it is never possible. In this regard caution should be exercised when investing in altcoins. We generally know that many of those who invested in altcoins in mid-2021 or before have benefited a lot, but if we consider that situation at the present time, it will never be reasonable. Decisions should be taken considering both time and situation. If you take the risk of investing without choosing a reliable platform at the present time, then there will be a high chance of losing that money.

It is true that investing in Alt coins is as risky as gambling, there is no assurance of money by investing. Alt coins can disappear at any time, so I think it is completely foolish to invest money here. Bitcoin is unstable, but by investing money and holding it for the long term, we can hope for success in the future, but Alt coins have no such hope. It is very wise to invest our hard-earned money in Bitcoin instead of investing in Alt coins.

If you know which altcoin to take a risk on, I agree, but if you randomly invest in an altcoin that doesn't have an active community and development, then you waste your investment in an altcoin that has a low chance to make you a huge profit.

Bitcoin is safe as an investment if you can handle your emotion and have a long-term plan; it won't make you profit if you are also one of the people who do panic selling.

Also, take note of shitcoins out there; like others said, don't invest what you can't afford to lose because some of them are created for pump and dump.

Those who have made huge profits from altcoins were lucky or if you review their history you will see that there are more experienced investors among them. I only follow those investors who are doing Bitcoin without any problems. And most of the alts are not suitable for long term investment and are risky. It would be the right decision to invest in Bitcoin for the long term instead of following those lucky ones.

I think buying altcoins is not a wrong decision but to go to that stage of investment you should follow the right investment process like practicing and gaining experience in long term investment.

Alot of people have made good money from altcoins so they will not be very inclined to agree with you and they won't be wrong because while you haven't seen any benefits in altcoins they have and they liked it, it's the same way gambling works, most have lost too much to it but a select few have been able to make food money from it and to them there is absolutely nothing wrong with gambling, those who have benefited massively from trading altcoins share this perspective too and they won't stop until sometime bigger convinces then to do so, like a massive liquidation event.

Some people made huge money from alts but some also lost theirs irreversibly. We tend to see the good examples and ignore the bad ones usually. If you want to invest in alts go invest in them but never fully. Never go full retard.

Always have a btc ballast in your portfolio because alts can go to zero, btc will never go to zero. It might lose its market cap by 80% but it will recover as it always has been. Look at litecoin for example and litecoin is one of the good ones. A decade ago it was $50 and it is barely above $100 nowadays.

That is your decision and no one can prohibit you. If you can search for the coins, you have a chance to increase your capital by making a profit. But if you think that is difficult, you'd better not play with altcoin and leave that while you can choose Bitcoin as your main investment.

Temptation to make more profit from altcoin will be there, making people want to try it. Most people don't understand that they must have skills to search for the coins. If that is the case, it is better that they stick to Bitcoin without putting altcoins as their investment.

High risk high return probably this is the statement how to describe to invest in altcoin because if you were putting huge amount of money into the particular altcoin you will have two possibilities that if success you can became an the millionare because if you were pick the right altcoin the profit will be very fantastic and make you rich

But the question is how many altcoins can give the profit from hundreds or thousand percent to the holders because if we speaking about the percentages probably less than 1% we can found the altcoins which have potention just like i said above and do not forget too sometimes luck is necessary because to gets huge profit from altcoin we should have luck too

You have right to invest whatever you think is good for you because it is your money. No one can stop you from investing altcoins if you want to but the only advice and awareness that is always given is to know that altcoins are very risky and more volatile and if you must invedt in altcoins first do your own research to know the altcoin that is worth investing because their are lots scam altcoins and if you dont do your research you may end up investing in the wrong one. The reason why bitcoin is always recommended it is because it is very reliable, so if you want to invest in altcoins try to make sure you do your research and invest in the reliable one.

But do you know the feeling of a new coin investor who manages to make a large amount of money in a short time? The effect is like someone addicted to gambling. What happens is an addiction to finding and investing in new coins. You know the risks. You are unlikely to find a new coin that will give you a profit. 
It is true, not all new coins are bad. Those who are willing to take risks will not face objections to buying new coins. It is their money, and they can do anything they want with it.

I agree with you, anyone who is willing to invest in Altcoin can go on and do that as long as he has the mind of doing that and he's using only his discretionary income to do that, even investing in Bitcoin is risky, bitcoin investment is not 100% out of risk especially if you are a bitcoin trader.
But I will also advice that if you are investing in altcoin you should be very careful because a lot of those coins are scam, they are usually sometimes created by some set of people and when they announce it and people start investing in it and the coin start growing those that created it immediately sell off their coin and then make huge amount of profit and those who invested lost because immediately they sold their large amount of that coin the value drops.

Altcoin investment can bring very fast profits and people can achieve a lot of success in a short time if they are lucky but for this you have to take the highest risk because Altcoin investment is the most risky. I always like to invest in Bitcoin I don't like Altcoin investment because I am not willing to take the highest risk I will take a little risk and hold it for the long term as needed but even then I will not invest in Altcoin without Bitcoin. But if someone can take the risk and try then it is definitely worth trying because many people have changed their lives in a short time by investing in Altcoin.

Each person has their own right when it comes to investing in either altcoins or Bitcoin. Whether we experience the risks or not is up to us, and if we experience the profits, we also experience the rewards, and vice versa.
I also agree with what you said earlier that before making a decision, it's best to research where we should invest, because regret always comes at the end. So I also recommend what we both want to do, whether in altcoins or in bitcoin. And most importantly, when making an investment, you must be sure and believe so that we don't lose money by doing research first before doing it so that the choice we choose is the right choice that we rely on.

Yes, I've heard comments from users on this forum who claimed that trading with $25 capital could turn into $1000 in altcoins. This can happen if the timing is right, and you're right. Usually, memes with high-rise qualifications are hit hard and fall back down within seconds. I paused for a moment, and when the price rose, a sell-off was immediately initiated, either by the owner or even by buyers when the price was low. There's no conscience here, it's a concept of "eat or be eaten" when trading memes. Even if the price drops, it's very difficult to return to its original value, leaving only regret.

Bitcoin investment is the safest and the risk of getting more money benefits is much higher. So those who invest in Bitcoin are basically ideal investors and they are able to hold Bitcoin for a long time. However, another strategy to keep Bitcoin away for a long time is the DCA method, those who follow the DCA method and invest in Bitcoin are able to maintain their Bitcoin investment for a long time.
They deposit some amount of money regularly every week or month, and after depositing in Bitcoin for a few years and following the DCA method regularly, their Bitcoin investment continues to grow. In this way, it is possible to maintain Bitcoin investment for a long time.

Many stories of getting rich in a short time lure traders to buy altcoins. I have heard many such stories but in reality I have seen very few such traders. Most of them were experienced and did a lot of research about the market but even after that they took risks and very few succeeded but most of them lost money through trading like gambling. While trading seems easy from a distance, it is actually a very complex strategy and making money from this platform is risky like taking risks in gambling. To me, long term Bitcoin investment (DCA strategy) seems safer than any other investment.

That person the OP knows is very lucky and in the minority. Most of us who have been
here from the crazy days of the ICO's will be able to remember the absolute chaos and losses
that were made from Altcoins of which there are thousands and backing one is a pure lottery.

Unfortunately stories like this are what is still feeding the hype and the belief that you can
become rich without too much effort and that 1000x is possible.

Of course, you have free space for yourself in determining anything in your life, including in investing whether you will diversify or not is up to you, as long as you understand the risks that you can bear.

Most people do that and he only realized that altcoin was not worth investing in after a long time of holding, the motivation is the same as what you know, in the end it will end up the same, altcoin is traded not invested, so if you understand this you will know that your friends may also be like that.
And know the sweetness of money that is obtained from the profitable altcoin? of course back to bitcoin to be held in the long run.

We can't stop anyone to invest in any crypto project of any kind after all is there decision and money that's involved, but we won't stop telling them the truth about how untrusted and shady some of those projects are.
I wanted to say something where you said Bitcoin is not free from risk but when I stumbled on your instances on traders then I understand that, traders are the reason what you made that statement but I have a question for you to that effect, let's put traders aside, can you compare Bitcoin and altcoin in terms of risk? The last time I checked, Bitcoin out out performed any shitty thing out there and with the continued dominance it has over those shits, we can bit our chest to say Bitcoin has done well.

The risk in Bitcoin to some people is the volatility and in really sense thats not risk, it is just the concept and functionality of the system that triggers that and we can't help it, so to me I don't think there's any other risk we can point out in Bitcoin or is there any?

In conclusion, everyone have the right to make there choice but it won't be wise for an investor to invest in something thats not worth risking for irrespective of the amount involved because money is money no matter small is it but anything risk is been left for the risk take to decide whether what he's risking for is worth it, this sincere opinion.

What I can say is that buying altcoins are gambling your funds, except for a few top altcoins that have some potentials most of them are scams, if you're not lucky enough to exit at a perfect timing with what you can grab your funds will become worthless. I see most new crypto projects in the market as get rich quick schemes, they are no different from Ponzi schemes which if you you're not lucky to exit before it crashes you lose everything. You can always gamble on shitcoins with amount that you can afford to loose because they are very volatile and can be dead at anytime. Bitcoin is different it has proven many times that it will always recover after dip, if you want a long term asset to hold for profit look no further than Bitcoin.

The best advice for newbies to trading should be avoiding trading on altcoins and gain the basic knowledge before investing.

Study the risk, analyse the charts and minimize the losses, building the mentality that the market is not all a bed of roses and it could all go wrong on a bad day.

Yes, it is true that people have made millions or more from altcoins but that should not rule out the risk involved in altcoins investment as they could be very volatile and the losses on the long run could outplay the profits.

Altcoins is not for the weak so it's best to invest in a trusted asset that is less volatile and it's movement is not influenced by external bodies or centralized entities. That is BITCOIN...

I've also experienced making money from a coin I didn't expect to sell for a high price. Shortly afterward, the coin disappeared from the market. Not all altcoins are bad investments if someone is brave enough to invest, as experienced and long-standing investors who invest in certain altcoins have experienced the situation and conditions, as well as the profits and losses they can incur.

However, I don't recommend investing in it, especially with junk coins.
With Bitcoin, I can provide a detailed explanation based on data, history, and future opportunities if someone needs it.

In my real experience, I have seen many people who have invested in altcoins but have not been successful so far. They were inspired by the increase in the value of those coins that did not have much value in the market but suddenly the value of those coins increased by thousands of times and then the investors I know thought that if they had invested in these coins earlier, they would have owned a lot of money now and this money could have changed their lives. In this hope, they only invested in those coins whose value was after a few zeros but so far they have not seen success. $ 5 or $ 10 can be wasted on these, but you should never give your entire investment focus to these coins. If you have to invest, you should invest in Bitcoin consistently, thinking about the safety of your money. Investing in coins other than Bitcoin means a lot of gambling.

I think that when it comes to risk, everything has its own risks, but the difference is that some are high risk and some are low risk, such as what you mentioned with long-term investments or short-term investments, and it's up to us to choose which one. I myself do what you mentioned, and there are other risks outside of that, such as sometimes I can't afford it because my income is just enough, but before that I try to stay consistent in doing it.

Apart from this person that told you or you saw becoming free from poverty through altcoin is there any other person you have seen again that becomes successful through it?, you can only be sure if you have seen a lot of person coming in and out everytime with happiness of the same success before you can say is good for everybody to do it. If you had hard this story from the case of the person becoming poor because of the altcoin, would you have still say this?, there is no were you will mention altcoin people will not tell you about the problems.

Altcoins were profitable back than but now altcoins have turned out to be a riskier investment. People who made money from altcoins years back are the ones who would recommend new investors to think about altcoins as an investment opportunity instead of a trading opportunity.

But to be honest, things have changed and the markets do not favour altcoins anymore. Long term investments in altcoins will not really be reliable and this is been told by a lot of seasoned traders because it comes from their experiences.

OP, you should try to learn from other's mistakes and instead of taking a chance, why not invest your money someplace else where it can be much safer. Bitcoins can always be one of those.

The risk to reward ratio should be balanced. If you feel the ratio is balanced than yes you can go for altcoin investments which might have a bit risk. But if the rewards are not really that great than there is no point in going for altcoins. Now, with altcoins you will only see higher profit potential in riskier coins which can dump harder which will make your investment worthless. Once in a while, yes you can see really good profits coming out but have you considered how often is it?

In most cases, you will loose and we are sure about it that's the reason why not everyone recommends to go for altcoins. If you are capable of taking risk than sure you can go for altcoins and who knows maybe you might even make good profits out of one or two investments.

between bitcoin and altcoin investment, bitcoin is more better to invest than altcoins, because some of the altcoins lacks potential,  and there's every tendency that some of the altcoin’s may give off to survive during long-term holding

Whereas Bitcoin only decreases and later bounced to the normal, and volatility of Bitcoin can't be used to compare with some of the altcoin that backs potential,

During altcoins investment you have to make a proper research before investing because some of the coins that are sub coins to Bitcoin does not have the potential to survive in long term so that is why many people lost out during the Investment of altcoins, for me we are supposed to understand a coin before we invest and also know the sponsors before we invest, due to lacks of risks in altcoins.

Whenever you hear the phrase “invest only what you can afford to lose” in Bitcoin investment actually means that you should only risk what you can afford to lose. Going by that term, it also means that even if Bitcoin is safer to invest into than other altcoins, it is still worth noting that we should only go by what we can afford since the condition and outcome of the market is still not certain.

Bitcoin investment has been proven several times to be the safe haven to invest into in order to avoid loss of assets, but other cryptocurrencies have not really gotten that acceptance from people even though some of them have also shown to be a reliable course to invest on. Crypto investment is all risky and they depend on which coin you’re investing into to control your risk appetite.

Altcoins can only be profitable if you end up investing in the right altcoins. I've heard a lot in here are certainly making excellent profits from altcoins, and that's true because I, myself can prove that. But if you come here with less knowledge and experience about altcoins, I suggest stick to bitcoin first and invest for long term. You will learn then how to deal with bitcoin the right and profitable way, and diversify with highly potential altcoins once you have reaped already decent amount of profits from bitcoin.

Just because someone invested in altcoin and was able to make a reasonable amount of money those not mean if you do the same, you going to be making money also. The person might be lucky, but when you decide to invest, you won’t be lucky. Thesame way you see someone make huge profits which can change the persons life, thesame way I have seen someone invest in altcoin and the person went broke, because he invested everything in a project, and things didn’t go as planned.

Am not discouraging anyone from taking risk, but whenever you are taking risk, then you have to apply risk management, don’t take some risk thats going to land you into prison, or cause more problem for you.

Most people that hit life changing profits from altcoins all did that through the help of luck and smartness, since the gave the fundamental understanding that altcoins market is a game and not an investment, and to profit form such a market you must be smart enough to ride with the wave of the time, like when you see the price skyrocketing, you should sell at that point, instead being too greedy untill you eventually lose everything again.

If you can't take risks, your chances of getting rich are very low. There is risk in almost every financial endeavor. There are some who take risks within their means and there are some who take too many risks. I think luck is with those who take risks. There are some people who took too many risks and that is why they are in a much stronger in financial position today. Having the attitude of taking risks is an important thing to change your destiny.

You have to compete with the adverse waves of the altcoin market because if you want to stay in the market, you have to keep a significant amount of cash flow. Most of us investors have limited sources of money, which makes it difficult to make more profits in a limited time. In my opinion, to keep up with the waves, you need to keep buying regularly and have a long term Bitcoin investment strategy. Long term investment and exposure to the market can help you make the right decisions after knowing the differences and inherent potential of altcoins and Bitcoin. A decent holding with experience will entice you to take risks with your available funds because you have holdings worth the risk.

If you hadn't sold when you did then you would have lost all the money you put into it since you just said it disappeared from the market shortly afterwards, that's alot of risk and your story about it would have been different if you hadn't sold it on time. This is what people have to face every time they put their hopes on some altcoins but bitcoin through our it's history has proven to be different from them, it's a safer asset and that's why people invest in it and don't end of regretting that decision to invest in it.

I also invest in altcoins and make a decent profit. Some friends are doing the same but that is difficult because we need to scan which coins will lift the price in the future. Luckily, we have altcoin investments from a long time ago and those are the coins that have the potential to increase.

We don't prohibit friends who want to invest in altcoins. But we always remind them not to invest in a coin that is not clear on the projects. Investing in new coins will be okay but that will not guarantee them to profit.

Yes, if you are afraid or confused about selecting altcoins, you can stick to Bitcoin. You will not have difficulty or meet a problem in selecting the coin because Bitcoin will be the best investment for you.

Investing in Altcoins is very risky, but I do not support it in any way. Because I do not want to lose my money, I will not let my money float in the ocean in the hope of getting more money. I consider Altcoin investments to be very risky.


Bitcoin investment is another strategy to keep your money safe and secure. However, I would most encourage newbies and advise you to invest in Bitcoin and keep your money safe by holding Bitcoin to be financially independent in the future. I have seen that Bitcoin has been around for a long time with a good reputation among the community. That is why Bitcoin investment is the best.

As long as you continue to strive for consistency in long-term investing, you will certainly continue to find ways to never stop doing it at any time. Because if risk is seen as a serious obstacle in any job, we will certainly never do it wholeheartedly because we are still more reminded of the risks, which are basically just something to understand, but instead are seen as frightening. Now there are many people who are brave enough to face risks to achieve extraordinary results through Bitcoin investment, and they are the people who should serve as motivation for those who are starting out or want to start now.

That person whom you think that makes such profits is just fortunate to have such luck to make that kind of profits through altcoin, in fact in altcoin investment you can't truly defined how such coin should go or where it would land you because many of them can be just pump and dump and others could be overhyped that is why is many people do not advised to invest in altcoin. Usually, I don't like altcoin instead it would be good I hold bitcoin for long term and watch over how is growing than holding altcoin where it will just dumped without growing or leaving someone with worthless coin.

Many investors get attracted to stories of people who struck gold by investing in new altcoins because it feeds into the dream of quick success and instant wealth and in truth there are times when a new project explodes and changes someone’s life but what people usually forget is that those wins are rare and depend on perfect timing being early enough to buy cheap and smart enough to sell before the crash the majority of investors who enter later often end up as exit liquidity for the early movers who dump their bags once the hype peaks.

Altcoins can be exciting because of the volatility and the promise of huge returns but the same volatility can wipe out an entire portfolio overnight most of these coins don’t have real long term use cases or solid foundations and once attention fades they lose liquidity vanish from exchanges or drop by more than 90 percent it’s a brutal reality that many refuse to see until it’s too late the key is not to completely avoid them but to handle them with strategy and control never let greed dictate your choices. Bitcoin on the other hand has stood the test of time it has weathered multiple crashes and still managed to rise stronger after every cycle it’s the only cryptocurrency that has maintained its value reputation and trust over the years making it a safer and more sustainable option for those looking to build wealth gradually investing in bitcoin is about long term patience not hype chasing once you have a stable bitcoin base then using a small portion of your income to explore new altcoins can be acceptable the goal should always be balance and protection of capital not reckless risk taking just because someone else got lucky.

It can be like gambling to get rich and make a lot of money with altcoins. It may be the case for a very small number of traders who are lucky. The price of altcoins is unpredictable and there are very few in the market that can be suitable for traders besides the rest will attract you like a spider web and you will not be able to protect your capital from them. I also do not recommend buying altcoins unless an investor is experienced. You can only advise those investors who have available Bitcoin holdings and have already passed a suitable stage of investment and are ready to take risks. Besides, buying altcoins for others is like walking into a deliberate trap.

You only see someone who is very lucky after investing in Altcoin, but have you ever seen how many people lost everything because they became victims of Shitcoin? I am not at all against anyone who wants to invest in Altcoins, I also conclude that investing in Altcoins can have high profit potential, but also has greater risks.
Maybe that person was lucky after successfully finding a diamond in the mud, but not a few of them failed. It should be underlined that investing in Altcoins is not suitable for everyone because the risks are very high.

If you're looking to try your luck in altcoins, you can give it a try. However, make sure you don't invest more than you can afford to lose and have a risk management plan. If you are a beginner who is just starting to invest in Cryptocurrency, you should choose Bitcoin because the risk level is very low compared to other crypto assets.

Yes, that's right. A little late, and I lost out.
Putting hope in an unknown coin or simply following the hype is wrong, in my opinion. If the token or coin has value at the time, selling it immediately without further consideration is the best course of action.
I don't want to say that coins like $Trump and Melani, which are still relatively new to the market, are bad, but you can judge for yourself what happens when people place high hopes on those two types of coins.
I've been trapped in that stupid cycle for a long time, so it's better for people like you not to experience it.

The only coin that can be expected to achieve more in the long term is Bitcoin.
Don't be influenced by the various figures behind certain tokens or coins, although not all altcoins are bad; some are good too.

The problem is that while these success stories become headline news the stories about the losses people made from investing in new altcoins are never really made public much, it would seem that no one wants people to know that he's lost to something like that, this is why people don't see the risks for what they are, their mindset is that if someone else won then I can too but they never consider that if someone else lost then they can too and this is actually more important because people need to know that their chances of losing everything they investing in new altcoins is higher than their chances of hitting it big, if this realization is made then they might actually start looking at these things differently.

It looks like a chance, but when BTC corrects again like it is now, even the currently hyped coins like Zcash can't withstand a BTC correction, let alone smaller coins that don't necessarily have strong fundamentals. Large donor backup is essential if you really want to buy altcoins. If the average ones are not likely to swing down, it's very difficult for them to recover and follow BTC's movements.

Market conditions remain fraught with fear. I think we can observe stock movement patterns over 1-hour, 4-hour, or at least 5-minute time frames. If it's fast and crowded with buyers, it could be a good indicator, but if buying demand is slow and delayed, it's best to avoid it, as we'll have to wait another month for recovery. Currently, some traders and investors still see the potential for further declines, which is a bad sign for the market. The strength of accumulation is likely to be limited before it can reach a new record.

The opportunity is always there, we never know which Altcoin or Shitcoin the opportunity resides in. For me, lesser known Altcoins like BNB, ETH and some other top Altcoins are full of tricks. The price is still very easy to manipulate and it is not uncommon for people to become victims of greed who want to get rich quickly overnight. Bitcoin has been fully tested, there is no doubt whatsoever to invest there, even though it is experiencing a correction, its value will soon recover because its support is very broad.

Maybe this is a good idea, but it must also be supported by established coins, if the goal is to take risks in investing, I think it's okay, but you must also consider the amount of money you can afford to lose.

Nothing wrong with investing in altcoin honestly. I did invest in altcoin sometime and find some edges or a really good bet. Problem arise only when the trader or investor doesn't do their due diligence and throw around blame when things go south.
As long as you know the risk, you know how much money you gonna put at risk and there is big chance that things can go wrong, you're absolutely fine.

Such things can happen, if he chooses good and right coin, invests. However, I don't think it's possible to change everyone's life by investing in altcoins. But if it actually happens then it is really luck. Because people tend to lose the most money through this. Moreover, risk-taking, wherever you invest, is something you have to lean on. And not everyone can make more money by taking risks. If one really wants success. Then I think investing in Bitcoin is a must because 90% of people can't get rich without investing in Bitcoin. And you keep believing. Then you can invest some money there.

If you invest in bitcoin, you will feel safer because it is the safest investment in the crypto market. But it doesn't guarantee you wealth, whether you become rich or not is entirely up to you, bitcoin doesn't decide that for you.

Bitcoin is just a tool, opportunity and success or failure depend on your plan, strategy and capital. You won’t be able to get rich if you only invest $1k or $2k these days, even if you hold it for the next 20 years. Since the exponential growth phase of Bitcoin is over, it can no longer grow x100-x1000 like before. Or you can't expect to get rich in just 1 or 2 years of investing in bitcoin.

Only a small number of people are lucky enough to make money on new altcoins, while the rest are in the group of people who regret investing in new altcoins.
Those who regret it will say that crypto is a scam.
But you are right that anyone who wants to take action with altcoins has the right to do so because each person bears their own risk.

There is no investment that does not contain risk, what you must remember is that investment is not a way or scheme to get rich quick. If you try to move around like that From Bitcoin get a little profit then you switch to the altcoin you are interested in.  In fact, if you don't have enough knowledge, this will make you trapped in your investment, which will make you lose focus on your investment goals. If possible, set aside a separate fund for speculating on altcoins and achieving your desired returns. I don't think this method is particularly problematic if you're equipped with sufficient knowledge and prepared for the consequences.

I totally agree with you that most of the time people who buy altcoins regret buying them. To be honest, I bought a few coins at the top stage in the market but only a few times I managed to sell them at a profit. Most of the time I sold them at a limited loss or withdrew my investment at a very low profit due to fear of losing my capital. My goal was short-term trading but it was very stressful mentally.

In my opinion, only those who have sufficient funds available and are willing to lose money can walk this risky slippery slope. Those who can bear the risk are more likely to get lucky because they keep buying regardless of the price in the hope of getting high profits.

New altcoins are full of risks, and not everyone is suited to investing in this type of coin because the potential for loss is very high, even though there is the opportunity to make large profits. The best advice for beginners or those who are still hesitant about new Altcoins but are tempted by the promise of huge returns is to never invest more than you can afford to lose and to do sufficient research before making a decision.
Greedy people often ignore wise advice, even though they have the right to make investment decisions and how to manage their money. However, when they lose, they will act as if Crypto is at fault, even though they are the ones who always ignore the correct and proper investment principles.

I mean investing in altcoins and meme tokens are surely going to earn you a huge amount of money, compared to just staying safe in Bitcoin, but maybe he was just kinda lucky on he's altcoin investment, We all know it, it was a riskier investment than staying on Bitcoin, that just mean that it has higher chance of losing that money, so yeah if he was lucky then its great but its a double edge sword, its easy to say that its and easy profit but if you lose on that bet, then suddenly your gonna say its a huge scam in the history. You need to understand that a lot of people are going to lose a lot of money on riskier token and there are a lot of pump and dump project out there, especiallyon meme tokens on solana network which is really popular, I see a lot of people getting there investment more than 10x but at the same time I know meme tokens is just Player vs player there are a lot of people losing money there.

Also another thing is, this wasnt a great mindset to have, its similar to have a gambling or betting mindset since you are always taking on a huge risk, for me you need to always have the foundation first and know its risk, it wasnt a bad thing to invest on this risky investment but you need to know your limits and diversifying your investment, if you know you could easily lose money on it, then you oculd just set a small amount and win or lose your not going to get a huge lose anyway, if it win then its a good thing, if it lose then you could easily get back up.

I'm not saying that all altcoins will end up being discarded, but among the many altcoins out there, only one or two are worth holding onto.
You may choose to buy coins that don't have a community or foundation that allows them to have potential if held. Examples include Ethereum and BNB.

It's understandable if you regret buying coins other than these two because of their high prices.
Short-term trading also requires a strategic approach when selecting coins to trade. If a coin has good potential, buy it, take the profit—even if it's small—and move on.

The most common patterns seen in the crypto space people are drawn to new altcoins because of the possibility of turning a small amount of money into a fortune overnight but the truth is only a few succeed while the majority lose most or all of their investment new altcoins tend to attract hype and attention early on yet most of them either lose value over time or completely vanish from the market after the excitement dies down. Many beginners forget that Bitcoin became what it is today not overnight but through years of proving its security adoption and resilience new altcoins don’t have that history and their development teams often fail to deliver on promises or abandon the project once they’ve made profits from investors this is why investing in new altcoins should always be treated as speculative gambling and not as a stable investment.

The most practical approach is the one you mentioned first focus on building Bitcoin holdings since it’s the most proven asset in the crypto world then if you have extra discretionary income use a small portion of it to experiment with altcoins this gives you the chance to explore without risking your financial security. Doing proper research is also key study the whitepaper the team behind the project the technology it offers and how active the community is if any of these are missing or look suspicious that’s already a red flag also never let greed push you into investing more than you can afford to lose because the higher the promise of return the greater the risk involved.

You should not invest in places where the risk is high, I would say Altcoin has the highest risk because every investor invests in the wrong place in the greed of money, which can attract Altcoin investment and beginners. However, you should not invest in the greed of money because it is much more reasonable to keep money safe than to lose all your money. Currently, Bitcoin is the most popular and trusted where the possibility of losing your money is very low, and there is a possibility of getting benefits. Bitcoin plays the biggest role in keeping money safe and keeping money safe.

If we can understand well about how to invest properly then investing in bitcoin or altcoin I think is still safe, but we have to choose altcoins that already have potential and not invest in newly listed altcoins, this has a high risk as you said, it could be that our capital is used up, but for bitcoin it has been proven that they will increase when the time comes like this year, but we need a long time to be able to get big profits if we invest in bitcoin.

The fact that people do advised that investment in altcoin is risky isn't wrong. The risk associated with such investment is very high. There are people that has succeeded in altcoin likewise there are also people that has lost almost all there lives saving in altcoin. The best thing is to invest a percentage of our discretionary income like 10% into altcoin and the rest should go into bitcoin investment. However if we can actually be able to avoid altcoin I will advise we do as most of this coins are just dust. So stop looking at the few that has benefited from altcoin but rather the majority that has lost there income while investing and holding altcoin.

It's funny to see people who say crypto is a scam after they've already lost money on a new altcoin, even though they were a firm believer in it before the loss. This is both strange and very real, because I still encounter such people around me, so I don't really care for them because they basically have no convictions about their actions. New altcoins aren't meant to be invested in, but rather to be used for short-term gains during good times. If you can capitalize on them for a few times before abandoning them forever, I think it's worth a few tries.

Forks easily get carried away by newly altcoins with over hyped ratings and very cheap where they can get lot of them with a small amount of money feeling excited not knowing is a trap that they have fallen in to and it doesn't stop there in most cases greed can make most of them to in with lot of money that they can not afford to lose and some times they borrow to fulfill their satisfaction of getting certain amount of the coins, I rather have the patient with Bitcoin than fall in to the trap of altcoins especially the new ones coming out here and there.

Another thing to be added is that his friend may have not shared with him his looses, I mean great losses. For some reason, some of them them hide this fact, and cry inside, but runs out openly to proclaim there wins and make people feel that it's all well with them always. They are shitcoins and they have a high propensity of dumping within the shortest period of time. Just like you said, maybe his friend sold just at the right time, yea.

Anyways, I believe whatever money we use in buying any coin belongs to the person and only the person will face they lose when it happens. So it's there risk to bear and not mine. But for me, I wouldn't go in for something that's not solid and offers no hope in the future.

If you often interact with people in the crypto space, what you're saying isn't unfamiliar to me because I've heard them complain several times about being harmed by their own actions. Strangely, they are overly confident in their choices, and some even dare to tell their friends that their altcoin choices will be profitable for them.

My question is simple: why do those familiar with the crypto space choose to take risks with new altcoins?
They’re not investing small amounts either. How would you respond to something like this?

I don't know what can you make up of those people who are trying to look good in the outside, but inside they are suffering as what you have describe. Hiding and then crying inside when no one was watching. That's why it's never a good investment for this shitcoins, specially if you are very inexperienced to begin with. There could be good practice for others, like investing early and then exiting before the dump. But it's hard to timing it as there are clearly manipulations for behind, like p&d group all over the crypto sphere. Take risk but learn to mitigate it, or just invest in Bitcoin. Yes, investing in Bitcoin has it's risk as well, but not as big as to altcoins or meme or shitcoins. Maybe the profit margin is big, but then again it also equate to bigger risk that most investors can't take.

It's true, it's true that many people jump on the altcoin for quick profits by rely on the temporary hype, but they don't understand how much risk is hidden behind them. They think that the price is very low now and after some time they will pump a lot more and as a result they will have much better success. But the thought of making this short-term profit is actually the biggest problem, instead if you patiently stay connected to established assets like Bitcoin for the long term, and refrain from thinking about short-term success, then your chances of losing money here will be less and the success in the long term can be much better.

I agree with your opinion that you said some investors jump into buying those shit coins without reviewing their history. This is because of the hype of those short sighted investors. The expectation of quick profits can make you greedy and you can get trapped in the hype of those shit coins. That is why many also promote it that if you cannot take risks you cannot get rich. You are tempted to buy those coins and they disappear from the market in a very short time.

In my opinion if you do not want to take risks then invest in Bitcoin for the long term. Clever investors are attracted to investments where the level of risk is relatively low. Buying Bitcoin through DCA strategy through discretionary income can reduce the level of risk in the investment and provide high returns.

They learn from someone's success so they dare to take risks with new altcoins even though it is clear that the new altcoin has no clear direction. Taking the success of other people or friends is the wrong thing in crypto investment without being based on strong science and knowledge. Many times after losing money they blame friends for their own decisions without compromise, which is one of the reasons they dare to take risks with new altcoins.

Risk is always most for everyone that really want huge money,  and he want to be rich because taking risk can make you become rich and change your life easily but you should always think of type of risk you takes, because not all risk can make you rich but make you lose all your funds. Investing in altcoins is not bad if you trust it and think you will be profitable is good to invest and you can probably be profitable when the coins pump. People that are saying to others to invest in bitcoin is because bitcoin gave more value and trust them other coins, and you can't just lose all your funds when you invest in bitcoin but if you invest in altcoins can make you lose all your money because the coins can drop and won't raise anymore. So you just need to be thinking wisely before making your own decision.

Unfortunately that is way too common in the crypto world and causes a lot of people to lose a lot of money. I am pretty sure that we are going to see things change with time, but for that reason we should not be looking into this like it's some sort of important thing to handle. It's their mistake and if they want to make mistake then let them, not our problem.

I used to care about it, and tried to help people out and make sure they do not invest into shitcoins, but I have seen some of them kept on insisting how it could be making money for them and how there are examples of shitcoins making people money, so I gave up trying to help them and just let them learn their lesson by making those mistakes so they avoid repeating.

Life itself is risky so are we going to risk it more by not taking risk? of course no I have a total differenr perception of altcoins even though they are still some good ones yet it seems like for one to have to venture into altcoins you must make up your mind to loss just like gambling, so altcoins are just making guesses and hoping one of more pays back the return but however there is a bit of guarantee on bitcoin over altcoins so you can be sure with bitcoin then go ahead and throw money around hopefully it pays off.

There is no guarantee that you will definitely make a profit in any investment. Especially in the case of buying altcoins, the level of risk is very high if you make a mistake. Most of the alts in the market are very risky and if you fall into a risky situation by buying them, it is even more risky. There is risk in investing in Bitcoin and this also does not guarantee you will make a profit. Long term Bitcoin investment can take you to a positive financial level that you cannot even imagine in any other investment.

It is true that most altcoins are very risky and are equivalent to gambling. If you expect to be risk tolerant by buying those coins, it will not be fair. If you can take the risk in Bitcoin investment, then this risk will become valuable in the future and it can take you to a reasonable level financially.

That's called FOMO and it happens a lot of time. There's a thing that people don't seem to understand, such luck doesn't happen twice. Whenever I see people winning it big on memes, good for you but I ain't buying similar memes chasing mirage.

People don't understand this, they think big massive pump will happen twice while people who profited from the previous random altcoin pump were already cashing out and trust me they don't plan on going back to the market, or maybe after awhile.

Investing in altcoins is like gambling but it is not pure gambling. Investing in altcoins is risky but if you take the time to research and learn, you still have a chance to make significant profits from altcoins. You can't do that with gambling.
Like comparing trading to gambling, do you think trading is gambling? If they are different, how can say that investing in altcoins is gambling?

Bitcoin is safer, better but the truth is investing in bitcoin these days is no longer giving huge returns. It can't help you multiply your wealth by 5 or 10 times like before, but you can do that with altcoins if you are smart enough.
Everything is proportional, high risk high return, low risk low return.

Life itself is full of risks but the key is knowing which ones are worth taking when it comes to crypto investing altcoins are definitely the higher risk side of the market they can make you rich fast but they can also wipe out your money just as quickly that’s why comparing them to gambling isn’t entirely wrong because most of the time you’re betting on uncertainty and hoping your choice performs well. Still altcoins aren’t pure gambling if you take time to study projects look at real use cases developer activity and market behavior you can reduce the risk a lot research gives you an edge that luck alone can’t give gambling depends entirely on chance but investing allows room for knowledge and timing to influence the outcome.

Bitcoin is more stable now it won’t give you the same 10x returns like in the early days but it also won’t crash as easily it’s like the foundation of the market a safer long term bet while altcoins are for people willing to take bigger chances for bigger rewards. The rule stays the same high risk high return low risk low return so if you want to play with altcoins make sure you’re prepared for both outcomes hope for the win but be ready for the loss the best approach is balance hold Bitcoin for stability and use only what you can afford to lose for altcoins that way you stay in the game without getting burned.

The reason why people buy altcoins, meme coins, nfts, play with derivatives/futures, etc is because you can't get rich anymore by buying Bitcoin. Even buying Ethereum or Solana wont result you in making large sums of money anymore.

Go on Wallstreetbets and you wont find people buying the Dow 30 index. Instead they are all buying 0DTE which are 0 day to expiry options on the SP500. Basically an option that expires in mere hours and it loses probably 5% value of itself every 30 minutes. Why do people buy it when most expire worthless? Because if you are right like when Trump announced the Tariffs you can turn $100 into $10000. Hence why they are doing it. Same with those buying alt coins and meme coins.

So true, but don't forget that even those who take risks still don't make it, I am one of those few people who looked for opportunities in altcoin investment, today it is a shame that I have to announce that it doesn't pay.

I tried atleast, not trying will make me unhappy but trying now makes me realized that things might not always work out the way we wanted, I have lost a lot of money and Bitcoin alone would have saved me from all those losses.

Right now I don't know if it is too late, altcoin season looks impossible right now like it is not going to happen, and the time phrase compare to 2018 and 2021 have changed.

Learning from the success of someone is good, but don't forget to ask how the mistakes where and how long it too to recover from them. Mistakes is part of the journey of success, and anyone who forgets to looks out for mistakes might end up missing everything up.

The experience I gained from doge coin and Trump coin made me know that following the movement from the beginning is where you make remarkable profits, when it gets to the top, you might not see that hight again. So, investing in meme coins are risky but can't be cured with same sight as gambling.

I think it's not really a problem if they understand how to choose the altcoins they invest in, I don't think it's greed in this case, but rather how they see a gap or opportunity to gain profit in that altcoin. They can also use this profit to buy more Bitcoin. If they're prepared and have carefully considered the risks involved in their investment, they'll be ready to face them without regret. Yes, every investor has their own character in this matter, some are brave enough to take risks and some are not. But almost all or most of them are skilled hunters to get this opportunity to add to their portfolio.

As for me altcoins has really dealt with me a lot, when I first came into this crypto space i always buy any shitcoin that shows buying activities, without knowing that those buying activities are not genuine, rather it's a way to attract investors and trap them down, and When the creator's of those shitcoins have seen a reasonable profit they will sell, leaving the investor's in the dark. I have bought several shitcoins in this crypto space and non of them gave me anything called profit in return, and as for OP who have seen someone make profit from shitcoins and now the person is a millionaire or what ever he can take the risk, but he should do me one favour to share his testimony when he finally become rich through shitcoins.

This is the typical shenanigans on shitcoin since the team knew that crypto people are degen when it comes to profit opportunities. They offer a lot of incentives such as airdrops, marketing bonus and so on to promote the token while rewarding huge token allocation for these marketing which is the common cause for the dump on the price after retail buying on the hype due to the marketing strength.

I hate buying shitcoin because I knew that it’s always a race on buying low and selling high in able to get profit. It’s still better to buy and hold Bitcoin that has organic growth.

Shitcoins are never a good source of investment but some altcoins might have potential. Even after their marketing hype, they are able to survive once they hit the exchanges because they offered reasonable profits for the airdrop holders or for their marketing team. If I see any altcoin offering hundreds of dollars just for participating in their airdrop, I am certain that coin will not do good once exchanges are hit because all the bounty hunters will be busy selling their share of tokens and this will just dump the markets.

But there are a few coins who offer lock up periods for the bounty tokens and those projects can be worth giving it a shot. They will at least not dump immediately after hitting the exchanges giving us some room to book profits.

I know what you mean, there are times when we have to take risks to get big profits, but if it is not supported by knowledge, everything that is hoped for may be lost. The number of people who succeed in Altcoin is very small, the rest have to go home empty handed. Taking risks is not about being reckless or Fomo after seeing other people's success, but you also need to consider the level of success. You may not have been a victim, that's why you have this view on Altcoins/Shitcoins.

Let's debate it, altcoin investment is not a good choice and not a place for investment, it is a place to trade narratives, we often see altcoins move according to the narrative and hype, if not they don't have any power to be able to move, bitcoin is the main choice, it has been proven over time that the best investment is in bitcoin and is an asset class that has been recognized by the world in value.

if you want to diversify altcoins use money no more than 1%-5% and 95% in bitcoin that's enough not to take excessive altcoins, it will only make us lose and lose, don't you see the fact that altcoin will not be able to reach its ATH again in the next cycle, even for ETH, he has difficulty printing new ATH.

Altcoins mostly survive on hype cycles and narratives that shift every few months a new project comes out promising something revolutionary then fades away when attention moves elsewhere it’s not about long term value but about timing and speculation bitcoin on the other hand has maintained relevance for over a decade because it’s no longer driven by hype alone it has proven scarcity decentralization and global recognition which makes it the safest digital asset.
You’re right that most people who profit from altcoins are early entrants or insiders while the majority end up holding worthless tokens after the hype dies down altcoins are like trading waves you can ride if you know when to enter and exit but they are not built for holding long term their teams sometimes abandon projects after the market interest fades and even strong ones like ethereum struggle to consistently outperform bitcoin over full cycles.

If someone wants to diversify it should be done carefully with strict limits maybe a small percentage of total capital in altcoins purely for trading or experimentation and the rest in bitcoin where historical data and adoption trends show actual resilience bitcoin’s dominance has only grown through every cycle proving that the market still trusts it more than any other crypto when hype ends fundamentals are what remain and bitcoin is the only asset in this space with fundamentals strong enough to survive every storm.

Investing in altcoins is not recommended for people who do not understand the high risks and volatility of the crypto market. Altcoins are not the same as Bitcoin, it is much riskier if a person does not understand what they are investing in. Many altcoins have ended in scams and caused losses to many people, by looking at this, people should be able to understand that investing in altcoins is actually high risk, but unfortunately many beginners ignore this and are actually more interested in investing their money in altcoins with the thought that they can make big profits in a short time, but they actually ended up with a serious loss.

Altcoins are risky, there is a high chance of losing money, very few people can make good profits from here, I will say this only because of their luck. Those who are very lucky can often make money that changes their lives in a short time by trading. Altcoins are best for those who are ready to take big risks and when faced with losses, their emotions do not work, but they can control themselves. If you want to make a risk-free investment, you must come to Bitcoin because it is always safe for your money, you will not lose your money. I think if you are investing for the long term, then you should definitely do it in Bitcoin, it is reliable and low risk, and it is possible to achieve something good from it in the future. Bitcoin is the future asset, in that case, investing in it is risk-free, but Altcoins always have risks.

One other thing you know is that what works for Mr A may not work for Mr B, you would have also tell us some story how a trader lost huge amount investing in other coins apart from BTC investment. I can't stop any body from investing in Altcoins after all we can do want we to do but if you are doing buying altcoins it should be little percentage of your discretionary income then invest more percentage of your discretionary income into bitcoin investment.

Op though many will not agree with you based on their own experienced especially those who have fall victim of altcoin or shitcoin where they lost heavily, but I will agree with you to a length, one thing is paramount, which I observe in the space of crypto market generally is more of gambling though it may not be same but have similarities, in area of while some investor is crying of lost another investor is celebrating of profit make from the system which Visa versa to sports betting. Altcoin may be full of scam or shitcoin as some may claimed but some are also repeaping positive results of their risk on the investment made on those shitcoin and altcoin. In my opinion to completely condemned a process or such platform because your experience one also need to consider those it favour, just that one must cut down it risk by not investing what you can't afford to lose while engaging on them. diversifying if one have what it takes for such risk should not be a barrier because of another person failure because favour if lucks differs.

A Bitcoin trader is different from a Bitcoin investor. The trader buys Bitcoin in response to market movements and sells it back when he gets desired profits or even at a loss if the market moves against his predictions but a Bitcoin investor just buys and holds and most of them has ended up profitable going long-term in it. Bitcoin investing has it's risks quite alright but not in the context of trading since trading success is dependent on making the best predictions with respect to your entry point. While Bitcoin investing success is based on its adoption and it's growth potential.

It does not always mean that even our investments in bitcoins are safe. Even bitcoins are a volatile asset and can cause extreme loss if not treated carefully. I presume all investors to be risk takers because there is literally no profits without taking risk. It depends on the amount of risk we are willing to take. There is futures where the risk is extremely high but so is the profits. For less riskier investments, we have spot markets where profits are too low but the risk as well is negligible.

Altcoins does come with higher risk but there are certain altcoins like ETH which perform similar to bitcoins and to be honest, risk with ETH is much lower as compared to bitcoins because of the price point.

A reality shows that teenagers and adults living in 2025 already have a foundation that prevents them from easily getting caught up in following others, leading them to make bad decisions.
If the direction of an altcoin is unclear, they will think twice about making a decision, even if it comes from someone who has already made a big profit from a particular coin.
You can surely understand what I mean, and I have also mentioned some promising altcoins that could yield returns. However, most newly launched coins are merely projects built without a solid future vision, despite being packaged with well-designed roadmaps.

Good advice is still very useful for everyone, even though everyone can do whatever they want. But when there's much better advice in terms of profit opportunities and the chance for future success with one of the best assets, it's certainly more likely to be listened to than simply following one's own desires, which inherently doesn't guarantee a profit. I'm also not discouraging people from hoping for luck with altcoins, as long as they fully understand the risks. But I simply hope everyone never forgets Bitcoin, because it's a lifeline for everyone.

Most of these people often believe that the more the risk you take the more money you will make although they are not wrong, it's just that they tend to ignore the risk that comes with that decision even when they are familiar with how things work in the crypto space. When you make such decision the loss is usually massive too but they turn blind eyes and invest a huge sum in new coins. New altcoins are usually unpredictable that why risk management is very important to invest in such coins. They can be profitable if all goes well but it's better to be careful with how you invest in them.

I believe they choose to take risk with new altcoins because they know how profitable they can be if things go well. They are usually more profitable than well establish altcoins but they have high risks too. Also they are quite aware of the risk too but they turn blind eyes and invest huge amount anyways hoping to be profitable. I don't expect them to complain if it doesn't end well for them. If they do I would not even listen to them.

The greater the risk, the greater the reward. That's true, but in what context? That's the question. Maybe in business I would agree, but when it comes to choosing coins, I don't agree. I've been in the crypto space for a long time and I'm tired of obscure altcoins.
For newcomers, it might make sense to them that they can make a lot of money in a short time or get rich quickly by taking risks on the coins being discussed. That's just garbage framing, and their complaints when they lose money are also garbage. Go back to what's right, which is Bitcoin, not to trade, but to hold.

Nah, it's not actually a "Wrong" decision, but it's more of a "Bad" decision. We can't deny that there are some investors/risk takers who have made a fortune out of a few altcoins. Not to mention, some of these altcoins were considered a sh*tcoin at the beginning. It's just fair to say that their risk-taking skills paid off. However, it will not be the case most of the time. In fact, it will only happen rarely for altcoins because there are a lot of scams and rug pulls going on with a lot of altcoins in the market. So, when you decide to invest in altcoins, you will need thorough research and some extra digging about the people behind the project to avoid total devastation.

I don't hold people back from investing in altcoins, but if they ask me about investments, I won't mention altcoins first either. 

Haven’t you seen someone that invested all what they have in a new altcoin, and at the end they ended up losing everything, and some of them committed suicide, and some will have to start afresh? The same wey you have seen someone make huge amount, thats how people are losing huge amount also, but if you do your analysis properly, then you will see that higher percentage of people investing in new altcoin do lose, just little percent do make money. So if you are taking risk, then you should always know the kind of risk which you will take, don’t take a risk which will end up affecting you.

If anyone wants to invest in all this new altcoins, then it should be a little amount of money, any amount which you know that even if you lose, it’s not going to affect you in any way. it’s so risky investing huge amount of money in all this new altcoins. If you are having huge amount of money to invest, then it’s better you just invest in bitcoin.

It's not about you it's about them. It's not about you agreeing or not it's about what they prefer and having a reason to believe it's their way to make the most of the crypto space. I am not saying they are doing the right though.

Investing in new coins with uncertain future is really risky both for enthusiasts and newcomers. I don't think it's safer for newcomers to invest in new coins, it's more risky and easier to lose their money if it doesn't work out well so It's a terrible place for beginners to start. The only thing is that it's cheaper to acquire and they can accumulate as many as they want but I advise newcomers to start with a more reputable coin instead just as you have mentioned. Bitcoin is the most reliable coin and the best place for Beginners to start because it's level of risk is minimal compared to others.