Hi there!
I don't get it, why would people would invest in BTC now? current price is $16K but people still invest in it.
even if it reaches imaginary price of $32K people would get just +100% of what they've risked while you can invest in altcoins and MAYBE get easily 10x-100x on your risked amount...
I mean what's your thoughts about it?
What coin do you think will 100x within a year? <3
I read your question twice, in reality they are one of those things that one forgets that one might ever wonder ... but your question leaves open your ignorance on the subject, not simple reasoning ... all of us it happens sometimes, we think we are right in our thinking
Let's start with you OP; having a 100% profitability in anything is "beastly - amazing," in fact it happens rarely in business terms, which if it happens but let's say that it is not the average that you buy something and you can sell it to obtain a 100% return.
Now if we take that to the world of investments specifically to the crypto world that is even more "incredible" and in that sense you begin to decline in your approach and lose strength in your own argument, because it is bad (which is not at all) to get 100x in bitcoin but not for the Alts
As I told you, the asset does not matter if you obtain a ROI of at least 5%, the business or the investment is successful, I do not want to tell you that it means earning 10%, so when you reach 100% percentages it is unimaginable from the point of view from the investment.
Another point that you leave out and that you only see it from the percentage or the return multiplier, are the profit margins that depend on the asset in its value, an alts may increase 100% of its value but bitcoin can compensate with only 10% of the increase in value.
Bitcoin is a complex asset that should not be viewed from a perspective as simple as the one you mentioned in the OP.
G.B.
