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Personally, I believe that most of your portfolio should contain bitcoin but choosing a few good altcoins can't be all too bad. There could still profit in altcoins but we may just have to tread lightly. Would you consider yourself a bitcoin maximalist? Do you believe this idea to be the correct one? Is there even a correct ideology or should we just accept that we all have different strategies, preferences and goals while coexisting in the crypto industry?
If you are a bitcoin maximalist, would you want a world without altcoins?
First of all I dont go against having Altcoins but never as ones investment, moreover the true question is if i decide to actually add Altcoins to my portfolio, what Altcoins should I add? I know lots of people will come with their own different Altcoins and there by making me spread my money into most of which would never yield any results so for me the best thing is to treat bitcoin as your only investment and probably trader Altcoins if you wish but it is definitely a gamble.
As a bitcoin maximalist I wouldnt say bitcoin should exist alone, because bitcoin it self actually promotes freedom and is actually an alternative to everything in the financial world, my only problem is bitcoin having to be associated with Altcoins because I believe it is very far different from them
I have to disagree if Bitcoin can bring more profit than altcoins, even though in my experience, I made most from Bitcoin. It's either I'm not lucky or using Bitcoin's mindset for holding to long, so whenever my altcoins is rising, I don't sell it immediately.
I can confidently say bitcoin is the only coin promised of profit and over a long timeframe it brings more profits that any other Altcoins. People actually get this idea that more profits are in Altcoins which I dont disagree like that but my defense is usually which Altcoins and how do I spot them, I can categorically tell you that many people lost money on Altcoins before they can catch one good move. And over a long time Altcoins die off after the hype
