- I know that there is a risk in investing not only in Bitcoin but also in other top cryptocurrency assets. So, I am aware of that, maybe some newbies who are entering this field may not be that aware of the risk because they are just carried away by the hype.
That is why some of our friends always say to do a due diligence before investing in crypto assets or bitcoin.
Because our capital will be compromised for sure in the end.
In investing in Crypto will always be faced with risks, but Bitcoin is lower the risk if purchased when bearish, because the price is likely to rise faster during the bullish season. While other coins only become Bitcoin followers so they must be careful in choosing coins. if I in diversifying choosing the top 20 coins, because the reputation is clear
Everyone who wants to invest in crypto knows that the risk is also very high.
But for bitcoin, it is the smallest risk that can be taken for the long term, especially as you said, if you buy during a bearish season, it is very profitable when the bullish season comes.
Other coins really depend on what we choose, because there are also many that are potential as long as you want to search properly and usually the coins with the best ranking on CMC can be used as a reference for storing them.