If you regularly follow the altcoin market, you wouldn't say that 2023 is a bad year for altcoins. Let's take a project I invested in, Fetch.Ai. I bought it at 0.24 in August and just now I sold it when it hit $0.56. I got a very small profit from it, but for those who invested in it from 2019 till now, they have made huge profits. It's just one of many altcoins that are giving good returns in the market, why say 2023 is a bad year for altcoins?

As I also said, focus mainly on bitcoin but don't miss the opportunity with altcoins. While you are focusing 100% of your time and money on bitcoin, many of us are optimizing profits through altcoins, Fet, Rndr, Fil...many altcoins had x2 in October. Why miss these opportunities to increase your capital and when bitcoin falls below $36k is a good time to accumulate?

It depends, small investors with little capital will choose bitcoin to increase their assets, but those who are already rich need safety more than continuing to take risks. That is why we can see billionaires and large investors not wanting to take risks to invest in bitcoin. Every investor's needs are different, but in our situation, bitcoin was clearly the better choice so it's no surprise that everyone chose bitcoin. But if we became rich and bitcoin remained as volatile as it is today, would we still prioritize bitcoin in our portfolio? I really doubt that.

I don't think it's right. Everyone has the right to invest wherever they want and if they make a mistake, it is only their mistake. I think that people who criticize altcoin investments have failed altcoin investments in the past and therefore they start criticizing others based on their failures.


I agree, altcoins have made a lot of people rich. But, at the same time, altcoins have also made a lot of people bankrupt. And it is not the altcoins' fault, but the investors themselves. Because altcoins are a much more dangerous investment. Altcoins need to be used skillfully in terms of making profit, and not everyone can do it, IMHO.

Most likely as of this time I would say it is a yes. As we are inching closer to the Bitcoin halving and the continued speculations of Blackrock and Grayscale Bitcoin ETF, this is where the investors are likely going to choose this asset than the others.

If you can see the growth of Bitcoin these days, it’s really insane. As of this time, it’s around $43k+ and it briefly touched $44.1k+ yesterday.

I’m just glad that I did not sell my BTCs and store them safely in my cold wallet. I’ve done some DCA with my extra “not beer” money when the price was around $19k to $23kish. Even if I am already at a profit, I am in no rush of selling them as I’m in good hands by having some stable clients and just keep spending within my own means (in terms of monthly expenses). 

Of course, bitcoin is a favorite choice for investors, especially when the world economy is experiencing a crisis like this. Bitcoin will be the best choice for investors when the world is as uncertain as it is today.

I also read an article that said that the big boss Black Rock Bitcoin is currently beating gold, stocks and even Fiat. And the hot news is that Spot Bitcoin ETF will be approved soon, this could be a game changer. If you look at the history of Bitcoin, it can also be seen that the price of Bitcoin always increases from year to year and this has been proven to date. So investing in Bitcoin is the best decision, then start your smart investment with Bitcoin.

The only thing that's good with stocks is that it's as stable as it can be, the likeliness that your investment will be stolen by a greedy CEO and go off to Bahamas with all the money is so low unlike with bitcoin that's got no person behind it for when it comes to people that have created it so the looming doubt that when everyone invests in bitcoin that they're money will get stolen by someone unknown but that bad performance is a normal thing for a stock, it has happened in the past before so it's not really that scary or something like that. Bitcoin is my choice of hedge though, there's no way to deny that bitcoin is growing and still have the same perspective about it as something that will go down eventually and with the current price of bitcoin and it's potential for growth, this is still a good time to invest as much as we can, there's no way that anyone who missed out on bitcoin when it's still $10 apiece would let this opportunity to invest right to pass up on it again.

For me it is really is the best choice of investment because I am a crypto enthusiast but for others they prefer centralized physical assets but with the help of the approval of Bitcoin ETF I know one day it means massive adoption as it lure hesitant/doubtful investors to venture out into it since decentralized assets have never looked more attractive than they do now.

Exactly, the reflect of earnings is noticeable in the long term. Many investors in bitcoin will be tempted by the slightest movement of bitcoin, as the movement of bitcoin gives a high reward, and we notice that mostly those early investors in the market are those who are new investors and don't think long-term earnings. Its normal that there is a regret for those who sell their bitcoin early from the bull run of bitcoin, and we all have those experiences where we regret selling our assets earlier than we should. But profit is profit, no matter how small it is. We should be content, but of course, don't sell all your holdings; allocate some for future bull runs or potentially good events in Bitcoin. But yeah, this is what is on the market; no matter what we do, it is our own doing; we just need to accept what is done.

Definitely it’s the best choice. We have seen many have gone completely bankrupt by investing here and there with high volatile coins. So in these type of situations a trader wants to invest in coin with some stability. Bitcoins might not give big profits in little amount of time, but it won’t crash also soon. Moreover, if one holds Bitcoins for many years, then definitely no one can stop him from making tons of profits.