I first got into crypto in February this year however did not start investing in Bitcoin until June after the crash as I felt it was too expensive until then.
The value's downfall started somewhere around feb-april, now it's the best time to buy bitcoin before it's too late and 60k resistance becomes new support in a few years.
I mean how high can Bitcoin realistically go in the next 2-3 years? £150k maybe which would be less then 10x compared to other altcoins that can 20-50x when the bull run returns.
I think it can hit somewhere around 120-150 k USD in the next 2-3 years with a market cap of around 1.5 trillion, again it's the best time to buy bitcoin- 19k USD is undervalued bitcoin.
Just wondering if everyone invests in Bitcoin or is it worth just focusing on strong altcoins that can 20-50x in the next few years?
I'd say bitcoin for longterm, I've seen most of the alt coins die pretty quickly unless they're given shoutout by a famous person look at the example of DogeCoin, it almost hit 1$/Doge due to Elon musk's hype.
I know I have got into Bitcoin at a good price but just feel while altcoins are currently 85-95% down from all time high may be better making the most of that rather then being safe with Bitcoin and not seeing much return.
Bitcoin is good for long term while altcoins for short-term.