As always, I try to invest in coins that are in the top 10 positions in the coin market. Basically, I have been holding several altcoins for a long time, so I have lost about 80% of them. A few days ago, I sold one of my coins and invested the amount of dollars I got from them and that dollar directly in Bitcoin. In the future, I have full faith in Bitcoin and Ethereum. They will recover in the market someday, but my coins that are dumping about 80 to 90% may not recover in the future. They may never return to the price at which I entered the market. And some of my coins are almost dead and they will never return to life. Some of my coins have been delisted from the market, so I have learned that if I have to invest and hold in life, I will never invest outside of Bitcoin. Life has taught me through losses that the only risk-free coin to invest in for long-term holding is Bitcoin.
You can't be wrong with bitcoin. Seeing it has survived for over a decade, still with a dominant price, you can really tell that bitcoin has huge potentials to stay longer in the market until its price may reach its maximum all time high. Although there is high volatility aligned with its price, but instead of seeing it as a threat, it becomes more of a hope and increased faith for us especially that every time its price drops, it will always recover in time.
With altcoins, majority of them are useless and no real utility case in the market. So we shouldn't get surprise if most of them will end up dead and useless in the long run, expect for those potential top altcoins in the market.
