Have you accepted the risk in bitcoin before investment?

[Alone055]

Agree with you that bitcoin will always be a priority for investment, although once again, there are still many that can be used as interesting investments and just sort out the potential ones at this time.

It depends on a person's investment goals and duration. People who are willing to make long-term investments wouldn't look beyond Bitcoin because it has proven to be one of the best investment assets in the world for its increasing value over time, however, those willing to make quick profits might find altcoins being lucrative because they tend to be more volatile for their values are lower, so they have lower market caps and their price can move up and down quickly.

So, generally, for investors, the choice and priority is Bitcoin, and for day traders and scalpers, altcoins are mostly more lucrative, especially if they are looking for some quick movements.

[enwi]

Agree with you that bitcoin will always be a priority for investment, although once again, there are still many that can be used as interesting investments and just sort out the potential ones at this time.

It depends on a person's investment goals and duration. People who are willing to make long-term investments wouldn't look beyond Bitcoin because it has proven to be one of the best investment assets in the world for its increasing value over time, however, those willing to make quick profits might find altcoins being lucrative because they tend to be more volatile for their values are lower, so they have lower market caps and their price can move up and down quickly.

So, generally, for investors, the choice and priority is Bitcoin, and for day traders and scalpers, altcoins are mostly more lucrative, especially if they are looking for some quick movements.

Of course each decision does have its pros cons and definitely these have more so given the fact that investment options only continue changing with time. Depending on what we are seeking, we have different objectives in managing the assets, either they are more stable or have higher volatility. Indeed, what we choose is definitely aligned to what may seem fitting to the kind of approach that defining our strategy. Some refer to assets which have gained value over the years and others to something more effective in the short term. Every investment decision comes with its features and thus each approach is suitable in the context of investment.

[debra]

when bitcoin goes down, altcoin prices will also go down. And bitcoin remains a priority in investing, there is no doubt there. I always have bitcoin in my wallet and will hold it until my planned target is reached. I bought some top coins too to be able to adapt to maximum profit this season.

It is because Bitcoin is like the main coin of crypto. The altcoins are following the Bitcoin. When Bitcoin price drops, it makes sense that the prices of altcoins are declining as well. This is also the reason that most people prioritize Bitcoin because Bitcoin is actually the most recommended coin for investment. I also prioritize Bitcoin, my main asset is in Bitcoin. But I also have some top altcoins in my wallets because I think it is good choice, too.

[Rruchi man]

So, generally, for investors, the choice and priority is Bitcoin, and for day traders and scalpers, altcoins are mostly more lucrative, especially if they are looking for some quick movements.

Altcoins and even new altcoins in the market sometimes offer more liquidity for traders than older coins like Bitcoin.

Traders like to take advantage of these coins because they can make a lot of money within a very short time, but new traders also need to be aware that they could also lose a lot of money within a very short time, and this is the risk that the OP in this post talks about. Volatility is both good and bad for traders.

[dekafee79]

So, generally, for investors, the choice and priority is Bitcoin, and for day traders and scalpers, altcoins are mostly more lucrative, especially if they are looking for some quick movements.

Altcoins and even new altcoins in the market sometimes offer more liquidity for traders than older coins like Bitcoin.

Traders like to take advantage of these coins because they can make a lot of money within a very short time, but new traders also need to be aware that they could also lose a lot of money within a very short time, and this is the risk that the OP in this post talks about. Volatility is both good and bad for traders.

Investing in new altcoins does bring profits faster but we also know the risks are very high
However, many investors are more comfortable investing in old altcoins because the risk is lower. It all depends on each person's ability and analysis, if I have experience investing in new altcoins I will also invest. Unfortunately I don't have enough knowledge and am a new projector.

[bounceback]

Investing in new altcoins does bring profits faster but we also know the risks are very high
However, many investors are more comfortable investing in old altcoins because the risk is lower. It all depends on each person's ability and analysis, if I have experience investing in new altcoins I will also invest. Unfortunately I don't have enough knowledge and am a new projector.

Surely, investing at new altcoin after few minutes listing at top market easily to earn much profit in short term depend have entry at lower price and not take risk keep buying when raising higher price. Several kinds of new altcoin when listing at Binance before few hours after listing easily raise up but if late for investing just waiting loss only.
I don't take more knowledge when investing with new coins during entry early always have opportunity take profit, but if late entry and keep hold it for long term I am not sure have second chance for new altcoin will raise higher price again, based on my experienced with new altcoin once only raise higher price before going dump.

[yohananaomi]

Investing in new altcoins does bring profits faster but we also know the risks are very high
However, many investors are more comfortable investing in old altcoins because the risk is lower. It all depends on each person's ability and analysis, if I have experience investing in new altcoins I will also invest. Unfortunately I don't have enough knowledge and am a new projector.

Surely, investing at new altcoin after few minutes listing at top market easily to earn much profit in short term depend have entry at lower price and not take risk keep buying when raising higher price. Several kinds of new altcoin when listing at Binance before few hours after listing easily raise up but if late for investing just waiting loss only.
I don't take more knowledge when investing with new coins during entry early always have opportunity take profit, but if late entry and keep hold it for long term I am not sure have second chance for new altcoin will raise higher price again, based on my experienced with new altcoin once only raise higher price before going dump.

It does always contain a very high risk if we invest in new altcoins. As you said, if it is too late to take action from the beginning, it is certain that we will experience losses that occur because the situation changes very quickly after registration occurs on the exchange.
I think after it's too late, then what remains is waiting to see whether the altcoin can be accepted by the market or not. If we are going to hold it for a long time, we must ensure that the market accepts it so that the price can increase in time.

[tequilla_sunset]

Investing in new altcoins does bring profits faster but we also know the risks are very high
However, many investors are more comfortable investing in old altcoins because the risk is lower. It all depends on each person's ability and analysis, if I have experience investing in new altcoins I will also invest. Unfortunately I don't have enough knowledge and am a new projector.

Currently, almost any coin is going down.
So it's a great time to grab some old coins and hodl them, and better yet - do it with BTC.

[yohananaomi]

when bitcoin goes down, altcoin prices will also go down. And bitcoin remains a priority in investing, there is no doubt there. I always have bitcoin in my wallet and will hold it until my planned target is reached. I bought some top coins too to be able to adapt to maximum profit this season.

It is because Bitcoin is like the main coin of crypto. The altcoins are following the Bitcoin. When Bitcoin price drops, it makes sense that the prices of altcoins are declining as well. This is also the reason that most people prioritize Bitcoin because Bitcoin is actually the most recommended coin for investment. I also prioritize Bitcoin, my main asset is in Bitcoin. But I also have some top altcoins in my wallets because I think it is good choice, too.

It is true what you said that bitcoin is the main cryptocurrency to date and is used as a reference for other cryptos and cannot avoid what happened to bitcoin.
At this time, they will give bitcoin as a priority to be their main investment, although it is not surprising that some are looking for alternative altcoins that also have the potential to be used as alternatives other than bitcoin. So I am not surprised that, besides bitcoin for investment, many people invest in potential altcoins.

[dave_strider]

It is true what you said that bitcoin is the main cryptocurrency to date and is used as a reference for other cryptos and cannot avoid what happened to bitcoin.
At this time, they will give bitcoin as a priority to be their main investment, although it is not surprising that some are looking for alternative altcoins that also have the potential to be used as alternatives other than bitcoin. So I am not surprised that, besides bitcoin for investment, many people invest in potential altcoins.

You may seek for alternatives besides BTC, but it would still be the safest option out there.

Period. And there will be no mourning of the funds you put to work with it..

[Innocant]

It is because Bitcoin is like the main coin of crypto. The altcoins are following the Bitcoin.

If you have been monitoring the market recently, you will see that Bitcoin's dominance is increasing rather than decreasing. Due to which it is seen that old coins are not able to survive in such market.  While Bitcoin is only down about 20%, altcoins are down about four to five times.  If you notice then you will see that Bitcoin is trying to recover or has done it but the alt coins can't.  Everyone is trying not to make the same mistake as last time.  When Bitcoin started going down in the last bear market, it went down so much that everyone started calling Bitcoin a scam.

But when Bitcoin recovered in this cycle and created its new all-time high, everyone started to regret that they had made a big mistake by selling their Bitcoin.  So everyone is now trying to prioritize Bitcoin because Bitcoin is the mother coin.  Bitcoin will survive whether or not any other market exists.

[dave_strider]

It is because Bitcoin is like the main coin of crypto. The altcoins are following the Bitcoin.

If you have been monitoring the market recently, you will see that Bitcoin's dominance is increasing rather than decreasing. Due to which it is seen that old coins are not able to survive in such market.  While Bitcoin is only down about 20%, altcoins are down about four to five times.  If you notice then you will see that Bitcoin is trying to recover or has done it but the alt coins can't.  Everyone is trying not to make the same mistake as last time.  When Bitcoin started going down in the last bear market, it went down so much that everyone started calling Bitcoin a scam.

But when Bitcoin recovered in this cycle and created its new all-time high, everyone started to regret that they had made a big mistake by selling their Bitcoin.  So everyone is now trying to prioritize Bitcoin because Bitcoin is the mother coin.  Bitcoin will survive whether or not any other market exists.

Surely, when BTC moves, all the other alts feel it much more than BTC itself, that was happening every cycle.

And weak hands will always be a part of the bull crushing everyone over 

[pieppiep]

It is because Bitcoin is like the main coin of crypto. The altcoins are following the Bitcoin.

If you have been monitoring the market recently, you will see that Bitcoin's dominance is increasing rather than decreasing. Due to which it is seen that old coins are not able to survive in such market.  While Bitcoin is only down about 20%, altcoins are down about four to five times.  If you notice then you will see that Bitcoin is trying to recover or has done it but the alt coins can't.  Everyone is trying not to make the same mistake as last time.  When Bitcoin started going down in the last bear market, it went down so much that everyone started calling Bitcoin a scam.

But when Bitcoin recovered in this cycle and created its new all-time high, everyone started to regret that they had made a big mistake by selling their Bitcoin.  So everyone is now trying to prioritize Bitcoin because Bitcoin is the mother coin.  Bitcoin will survive whether or not any other market exists.

Yes, recent market trends indicate that bitcoin is still the most dominant investment instrument despite the fluctuations. Compared to other altcoins that are still in a free fall, Bitcoin is now displaying more sorted recovery. It is important that such situations make many individuals reconsider their previous actions and actions and try to avoid making certain mistake in the future. The Cryptocurrency Bitcoin has experienced a certain price swing and is surrounded by several opinions, however, this particular asset remains alive and intact, drawing attention. In conditions of high volatility the strategies to be implemented should be seen and understood putting into consideration the patterns that have been realised in the past.

[bayu7adi]

There is people who only come to bitcoin investment with the mindset to instantly double their money within the period of change in bitcoin without knowing what the price of bitcoin could turned out to be within next moment. So before discussing with anyone about bitcoin or to invest in bitcoin carefully pass the knowledge about the volatility level before they could finally take their decisions to investment in bitcoin or any other cryptocurrency because whatever that happens to the person's fund you could held responsible for misleading them to invest in cryptocurrency that leads to their lost.

Does this mean that every decision of others that is slightly involved with our existence, it becomes our responsibility? Wtf... that's really heavy... I think if this mindset is applied to all groups, then the development of cryptocurrency might be slightly hampered, because I'm sure many people will choose to remain silent and not care about the risks taken by others...

Other people's decisions are their responsibility,,, we don't need to interfere in their affairs...From the beginning, just inform them that the crypto world has its own dangers and opportunities... so by telling them that up front, I think even an educated person should understand the risks before making a decision.

[tequilla_sunset]

Does this mean that every decision of others that is slightly involved with our existence, it becomes our responsibility? Wtf... that's really heavy... I think if this mindset is applied to all groups, then the development of cryptocurrency might be slightly hampered, because I'm sure many people will choose to remain silent and not care about the risks taken by others...

Other people's decisions are their responsibility,,, we don't need to interfere in their affairs...From the beginning, just inform them that the crypto world has its own dangers and opportunities... so by telling them that up front, I think even an educated person should understand the risks before making a decision.

In the crypto space, you are your own king.

And nobody can be a better teacher for you than yourself, imo.