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Sorting Box / Re: Is buying and holding Bitcoin the only successful strategy for investing?
« on: August 21, 2020, 08:26:06 PM »No, you shouldn't get carried away with just one type of cryptocurrency, even if it is bitcoin. For example, I am now more passionate about ethereum than bitcoin. However, all the same we must have a variety of promising cryptocurrencies. This will greatly increase our chances of making a good profit.I agree. Bitcoin is also a common cryptocurrency with a certain investment risk. As a general principle, the higher the price of a cryptocurrency, the more risky investing in it becomes. It is more painful to fall from such a price height and more material damage. This can be confirmed by those who bought bitcoin from about October until December 17, 2017.
It should also be remembered that bitcoin in its popularity is not eternal.