Well, I bought some fractions of Bitcoin at the price of $30K, ETH at $2,100 but unfortunately they have been going downward since then. The bearish trend in the whole market is still prevailing, which greatly impacts on coin prices. Despite the bear market, Bitcoin is still holding on its ground with its price not fluctuating over the top. However, the altcoins are becoming more volatile than before and I begin to doubt whether investing in altcoins is a wise choice. Did you invest in altcoins ? What do you think of the current altcoin market ? Please let me know.
Well I do not think this is something you need to worry about to be honest. Price of Bitcoin is now $28,000 and price of Ethereum is now $1,900. If you are going to HODL them for long term gains it is not going to make a big difference for just a small amount in price difference.
I think it is more risky for investing in alt coin market. We know price of Bitcoin will go back up we just do not know when. But it is so low now and same with alt coins. But for alt coins it might not go up as much as Bitcoin price, so it makes them more risky then Bitcoin.