Hello Community,
I have 1500$ and i want to invest it crypto as holdings. What do us suggest invest it all on BTC or alts? Thanks
I would say to invest that money in BTC if you are planning on holding it, because it is the best in terms of risk and volatility. If you are planning to hold for 2 or more years, then I hope you can make 2x or 3x on your investment. There is no doubt that if you invest this same money in alts with proper calculations, you might make 2x or 3x in one day, but that will depend on the trading you are wanting to do.
At the current market price, I can say there are many decent alts in the market that can make more than 2x or 3x on your holdings if you hold them for 2 or more years, but the difference between both is risk. You and I don't get to know when those assets we have invested in will go under the earth, and we don't know whether they can make us twice as much after 2 years or if they can make us twice as much before that period, and that would be our only chance to book profit. Which means we have to be active in the market while dealing with alts.
Holding in BTC becomes less risky, and based on your newbie account, I would suggest you hold your funds by buying BTC and do not buy all at once; instead, buy in parts. Recent news of an ETF is coming, and if that spreads up, we might see BTC reach $40,000 in the next week.