The interesting thing is that Bitcoin has already reached a certain level from which x2 or x3 will take a much longer time. If we take this into consideration, is it not, then, worth it to risk on altcoins today more than the previous years? The catch, however, is that it was much easier back then to make gains from altcoins. Today, it's much harder.
I also used to risk on altcoins. I've made money. I've made Sats. But I think I would have been more profitable had I focused only on Bitcoin. I was into it when Bitcoin still had so much potential in terms of price growth. I got the wrong timing. I lacked foresight, just like many of us, and failed to concentrate on it while it was still so cheap.
While hitting that x100 prospect today is like looking for a needle in a haystack, since Bitcoin can hardly even double, will it be a reasonable venture? Today, I'm lazier in terms of altcoin hunting. I'm also a little bit contented of what I've reached so far. It seems I'm already good adding a few more Sats every now and then.
While you are right, going down 100%-ish is also near impossible for bitcoin while it is quite possible for most alts, there are only just a very few alts that people can say won't go away, whereas most others could just be gone. This means that when you invest into bitcoin, you may not get rich overnight, but you could make a lot of money from it.
Plus, we are talking about all time high not getting broken by 10x, but you could always make 10x from bitcoin as well. How? Well just last year or the year before that I think, we bottomed at around 15-16k, that means if we reach 150k that would be 10x return from the bottom. So if you end up finding the bottom and invest accordingly, then you are going to be fine in the end.
