I have been holding BTC as my biggest share of my portfolio but I admit that I've got some altcoins too, some are good to be lost forever and I won't mind that and some are I am counting to make some profit. But even with that, if I profit from those altcoins, I'm going to convert that into BTC still and that's why I'm just trying to get to that point. I haven't sold a lot yet and still waiting for them to have some fruitful gains this bull run.
Choosing to place most of it in Bitcoin, I think this is very appropriate because we all believe that this asset has very good developments from day to day and choosing several good altcoins so that we can make a profit, of course this really helps us in collecting Bitcoin as a long-term investment.
Holding Bitcoin for the long term is fine, but keeping it in a wallet for the long term will definitely improve from here in the future. But the biggest loss you can face if you hold Altcoins is that you notice the only people holding Altcoins going bankrupt. Especially since many projects are getting destroyed from the market, so in my opinion it is best to hold on to Altcoins and give up hope of profiting. However, you can be successful with Bitcoin in the long run.
to be able to make a profit from holding Bitcoin assets and I am very sure that you will be able to make a profit when the price of Bitcoin has increased in the future.
For the most part, the person holding the bitcoin has been able to improve for the most part in holding bitcoin. As you can see, if the price of bitcoin drops a bit, it is more likely to recover and recover within a short period of time. But have you ever thought that once the Altcoin market goes down, it takes a long time. So you will focus on Bitcoin.