but they forget about the fact that investment without research leads to loss most of the time.
Yes, most newbie investors or the ones who take risks often forget that without any research one can lose his/her investment and when someone invests on those newly launched coins then there's 99% chance that he/she will lose his investment.
I will always prefer Bitcoin as compare to any other newly launched coins. Although, I personally think that Ton can be a good coin for investors but I never suggest anyone to invest in it without research and LTC is better than it in most cases as it's an old and reputed coin.
Yeah you are right people should do a proper research before starting an investment with any coin, but the problem is all those new coins are very difficult to know, since they are knew they have no history and is better to avoid them and like you said there's 99 percent chance that one will lose his or her money so why going into those kind of investment, Bitcoin investment is a peace of mind investment you have no fear of losing your money, I know of someone that died because he had the new coin he bought with all his life savings has dropped in value and that is why I will always tell people to go for old coins such as Bitcoin, before going into Bitcoin you can do some research for yourself and also go through the history of Bitcoin and see for yourself how good Bitcoin investment is.
A lot of people are refusing to invest on Bitcoin because they feel is too late to start accumulating Bitcoin and that the price will not grow but that's not true all you need is to have patience and be consistent in your Bitcoin accumulation journey and you will become successful.
A friend of mine says investing on new coins is the best since it will one day grow and become like Bitcoin, no coin can become like Bitcoin it will always remain the best and the biggest coin in the world.
Investing in any coin must always do, a good analysis, besides of course, with potential coins and being in the best ranking. I agree, if, for new coins, it is indeed difficult for us to find what we can use as a benchmark to be able to choose them. What happens is that many new coins are frauds and must be avoided.
Investment with little risk and very profitable. I agree with you that bitcoin is the choice and no one can deny that and there is no need to doubt that.
I think the rejection of investing in bitcoin, because the price is quite high, and it is difficult to buy in units, besides doing the DCA scheme, then we will be able to achieve it in time.
It is difficult for anyone to replace the existence of bitcoin, whether the current coin or maybe a new coin, because bitcoin has its own special features that are not found in other coins.