It's obvious. Litecoin may be a good coin which is now developing or growing into a great coin but bitcoin is the coin I will advise you to buy. Bitcoin  after buying and holding for a longer period will generate more profits than litecoin.

Yes I agree with you.  Sometimes ICOs bounties suck but not all the time. I remember I used to feel the same way when I realized that after participating. I felt like have lost but some are also good projects.

Well it depends on the kind of project you do and other stuffs.  But I personally do not invest so much in ICOs,  I most often participate in airdrop campaigns, projects and bounty campaigns.

Why shouldn't I hold bitcoin for a long time.  I want to generate profit and so I will continue to hold bitcoin for sometime

Definitely.  I believe in the bright future of crypto.  It has come to stay and will remain great worldwide.

This is the time to move your altcoins to bitcoin.  This will help you earn more money.

My plan with crypto is a long term investment.  I will patiently hold onto it and wait for sometime.

Yes I still do believe in the bright future of cryptocurrency as people are investing in and participating.

Altcoinsdo have advantages as bitcoin. A few that I will mention is that OT helps alleviate poverty,  and helps people to know more about technology.

Of course not.  Altcoins may be good but bitcoin is the best coin among  other coins in cryptocurrency.  There's no way altcoin can lead and overtake bitcoin.  Bitcoin will forever last and be king in crypto.  There's no doubt about that.

I don't agree with you.  Patience is very important to earn more money and profits in cryptocurrency.cryptocurrency can be a short or long term investment depending on the investor.

Well nobody knows tomorrow.  It can be that a coin will also rise just like bitcoin but bitcoin will forever be king  and mightier in cryptocurrency. Bitcoin will continue to reign globally.

For me I have seen that no matter when you want to sell and buy you can do it anf make a profit out from it.

Not that they are cowards but sometimes loosing an amount in Cryptocurrency is what they find it difficult.

Thats what humanity is. We cry when it dips down the deep but immediately it goes up we never remember that.

When we all try to only HODL I think btc will fall to the pit but when we try buying and selling it wi keep it circulating.

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I will never go against this proposal but just make sure you think about it.  The country that we you are in also matters.

The best you did was explaining the concept of how it works to him and also the advantages and disadvantages as far as bitcoin is concerned. Overall your uncle has made the right choice.

You can either make a profit or a loss in joining ICOs. The best thing I can suggest for you is to either leave it in ETH like that which is more secured or buy a well stabilized coin on the market and an ICO.