Stop chasing the "next" bitcoin

[Altero]

This is the Golden rule of any investors. You should always keep at least half of your investments in bitcoins. Bitcoin is the king of crypto and it should be in everyone's portfolio.

Everyone knows already about this and I don't know why people would care to see another coin that will replace Bitcoin.
How this satisfaction plays right now, I don't think that they have such word in their mind. Chasing for another bitcoin will just end into nothing cause we can't even find another one.
BTW, what is the Golden Rule of investor? I never knew it.

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[Twinkledoe]

In my opinion, it really depends on the crypto knowledge and financial literacy of the investor. If you don't know anything about the other coins claiming to be the next bitcoin, try to learn about them first before putting eggs in them. Personally, I don't have much time to learn about the other coins that are proliferating like mushrooms, so, I stick to BTC and ETH mostly.

Most of the altcoins claiming to be the next bitcoin are fraud. They will give good graphs/comparison table how they beat bitcoin. But guess what? Most of them ended up in those tables and not gaining any popularity from the market. They can promote their project as long as they want but gaining trust is another thing.

[yohananaomi]

This is very true. We may not get any next btc but we can get altcoins which can grow tremendously and give investors enough profit. To me what matters most is making profit out of my investment and once any coin can do so for me, that is my next btc

Indeed, there will be restrictions with bitcoin, but frankly I still really hope that bitcoin will continue to be loved and hunted, until now there is no big breakthrough from altcoin and still not and it is still very difficult for altcoin to replace bitcoin. starts when will there be a strong altcoin that can replace bitcoin? ethereum, until now, still depends on the growth of bitcoin.

[Astvile]

most of them aren't really at fault. they are just poor newcomers who entered a big market and were suddenly bombarded by a huge wave of advertisement which were promising them riches beyond their wildest dreams so they ended up buying a ton of useless tokens which have been continuously losing value

So true,in every type of investment there will be the new ones,the one who entered with small to 0 knowledge at all willingly to learn through experience and im one of them luckily my first experience in bitcoin is a success so im good with it but not to those investors who burnt tons of money last time they invested.We cant blame them yes ofcourse they are just risking like us they just did enter at the wrong time,

[denzkilim]

most of them aren't really at fault. they are just poor newcomers who entered a big market and were suddenly bombarded by a huge wave of advertisement which were promising them riches beyond their wildest dreams so they ended up buying a ton of useless tokens which have been continuously losing value

That's why knowledge is power and without knowledge on what you are doing you will easily get rekt and that what happens to those newbies who entered this industry with pure greed in their hearts and taken the bait of multiple folds of profit promises by some useless projects. I guess there is nothing to blame but themselves because they didn't do proper research and never acquire knowledge about what they are doing in this very wild industry of Crypto Currency.

[cipherhut]

"It will go high if you buy" is the simple logic behind the up-gradation of Bitcoin. Bitcoin is the only digital asset which can be hodl for a longer duration so besides chasing the so-called "next" it is good to hold the existing.