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Bitcoin Forum / Re: Is Bitcoin Too Expensive For Me?
« on: June 07, 2024, 06:33:29 PM »Of course, that's the right way to apply. When you make a profit on altcoins, you immediately transfer the profits you get to Bitcoin because the profits will increase even more, because Bitcoin is a long-term investment and has very little risk.
You are right, many are afraid of investing in altcoins because many altcoins are scams, but when it comes to profits, they are no less and are often even higher because the value we invest is usually greater than investing in bitcoin, whose price is already high. That's the only thing that ultimately makes the difference.
You always have to be wise and be able to find which one is more profitable because the goal is to make a profit by investing.
Some people don't have enough money to buy bitcoin directly so most of the time they purchase low value coins and take out the profit when it grows higher so in such a way they can buy Bitcoin by utilizing the profit from altcoins.
There are many scam projects but only knowledge can help you to avoid scam and invest in profitable altcoins so try to do investigation and make a detailed study that can aid in making the right selection. If you give your precious time to investigation then altcoins will give you precious outcomes for which you are dreaming for lots of months or years.