To buy or not to buy?

[Abiky]

Agreed. Altcoins are highly speculative and risky, but comparing them to gambling just isn't fair.

Take Eth, SOL, Bnb and HYPE, for example. They have real usecases and offer actual utility. Some have been around for years and have made huge return for investor. Can gambling do that? How can you lump them in with meme coins and claim investing in them is basically the same as gambling?

Altcoins are gambling because you'll never know when they disappear all of a sudden due to loss of interest or as a result of getting compromised. They're not as reliable as Bitcoin is. Besides, market prices are too volatile. Even in serious cryptocurrencies like the ones you've mentioned. Short-term speaking, their price fluctuations are wild. With "meme" coins, it's worst. I guess that's why many investors prefer to hold only Bitcoin.

If you know how to play your cards right, however, you can take advantage of altcoins' ups and downs to make a lot of money. It's possible to make huge profits by riding the hype, than just waiting for BTC to reach a new ATH. Before investing in an altcoin, you should do your own research. Avoid investing more than what you can't afford to lose, and there should be nothing to worry about.

[Iranus]

Agreed. Altcoins are highly speculative and risky, but comparing them to gambling just isn't fair.

Take Eth, SOL, Bnb and HYPE, for example. They have real usecases and offer actual utility. Some have been around for years and have made huge return for investor. Can gambling do that? How can you lump them in with meme coins and claim investing in them is basically the same as gambling?

Altcoins are gambling because you'll never know when they disappear all of a sudden due to loss of interest or as a result of getting compromised. They're not as reliable as Bitcoin is. Besides, market prices are too volatile. Even in serious cryptocurrencies like the ones you've mentioned. Short-term speaking, their price fluctuations are wild. With "meme" coins, it's worst. I guess that's why many investors prefer to hold only Bitcoin.

I never said altcoin are more reliable than Bitcoin. They're riskier and more volatile, sure, but saying they could disappear at any moment is just ridiculous.

You shouldn't lump top altcoin in with shitcoin. I honestly can't see how a project like ETH, with a market cap in the hundreds of billions, huge ecosystem and approved ETF, would just disappear out of nowhere. How? Just because it's more centralized than Bitcoin? LOL.

Many Bitcoin maxis have been saying ETH would disappear any day now for years, yet Ethereum has been around for over 11 years. That does not mean ETH can't fail. But being high risk does not mean an asset is bound to disappear.

[JamesDaniel90]

Forget Bitcoin honestly. At $80k what are you hoping to achieve next few years? a 2x return? maybe 2.5x if lucky.

Altcoins pump that much in a few weeks when they get moving and many are showing signs of it now.

To make good money in Bitcoin now you either have had to of got in it early years ago, or have big money to invest in it now.

If you are just an average person starting crypto now then need to take more risk, even XRP will outperform Bitcoin next few years.