DO I BUY BITCOIN OR ALT COINS???
The questions that everyone asks themselves….
‘’Which Alt coin should I buy??? There are too many to choose from’’
‘’Ahhhh!!! Forget it, I’ll just buy Bitcoin, it’s easier and less headache’’
I’ve been asked this question way too many times and watched how people respond to the market first class and realized that the biggest problem is LAZINESS!
As retail investors, let's say you buy $1000 worth of $BTC and it hits $210,000 from today's price, that will bring a 200% profit (2 x) which means you will make $2000 profit.
What can you do with $2000???
Let's say you buy $1000 worth of Alt coins that have a potential return of 2000% - 10,000% (20 - 100 X) which means you will make $20,000 - $100,000 profit.
What can you do with $20,000 - $100,000???
YES, there are always different levels of risk but…
Is it worth risking $1000 to make $2000? My answer is NO…
Is it worth risking $1000 to make $100,000? My answer is YES…
BTC has already hit ALT and gobbled up a bunch of liquidity holding around 50% of the entire crypto market cap. It needs HUUUUUGE amounts of money to grow, Alt coins only need a tiny fraction of that to grow even more.
To make money in cryptocurrency, you need knowledge and understanding of how the market works in order to benefit and hit your personal targets.
When everyone is in loss, you will be head over heels in profit.
REMEMBER:
1.STOP BEING LAZY!
2. DO SOME SIMPLE MARKET RESEARCH!
3. LEARN HOW TO CREATE AND USE WALLETS!
4. BUY LOW, HODL AND TAKE PROFITS!
5. ALTS ARE MORE PROFITABLE THAN BITCOIN!
