Crypto Coach Sunil Explains: Should You Choose Bitcoin or Altcoins?

Confused between Bitcoin and Altcoins? Crypto Coach Sunil breaks down the pros, risks, and opportunities to help you invest smarter.

Understand the dilemma

If you are new to the world of cryptocurrency, the first question that comes up is Should I invest in Bitcoin or try my luck in altcoins

There are thousands of options available in the market, so it is quite natural to get confused. Crypto coach Sunil explains this confusion in simple language

Bitcoin – the first identity of crypto

·        Stability and identity – Bitcoin is called the digital gold of crypto

·        Liquidity – It can be easily bought and sold across the world

·        Long-term value – A reliable option for those looking for safe investments

·        Expensive investment – ​​Buying a whole bitcoin may seem heavy to early investors

·        Slow transactions – Transaction speed is low compared to new blockchains

Altcoins – New and emerging options

·        Diversity and innovation – Coins like Ethereum, Cardano Solana bring features like smart contracts, DeFi and NFTs

·        Start at a low price – Many altcoins are affordable for early investors

·        Potential for rapid growth – Some altcoins can give good returns in a short time

·        High volatility Downsides – prices can fluctuate anytime

·        Uncertain future – not every altcoin can last long

Crypto coach Sunil’s advice

For beginners, Sunil says it is better to create a balanced portfolio

70% investment in Bitcoin for security and stability

30% investment in select altcoins for growth and innovation

This will give you the confidence of Bitcoin and also new opportunities from altcoins

Final thing

Both Bitcoin and altcoins have their own importance in the crypto world

Bitcoin gives confidence and long-term security while altcoins bring new ideas and opportunity for fast profits

The most sensible move is to have a balanced combination of both and invest according to your risk

Tip from crypto coach Sunil: Always do your own research and never invest so much money that you are afraid of losing.

Crypto Coach Sunil Sharma

Sunil Sharma

Crypto Coach

India Crypto Expert

Cryptocurrency Guide


Originally posted on WordPress


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