Why I trust only in BTC long term

As someone who's been investing in cryptocurrencies for a few years now, I've had my fair share of experiences with different altcoins. While I've made some profits with a few of them, I've also lost money in many of them. However, the one cryptocurrency that has consistently given me steady profits over the long term is Bitcoin.

I started out in the crypto market in 2017, just as the market was reaching its all-time high. At the time, I was drawn to the hype surrounding many of the newer altcoins, which promised high returns and exciting new features. I invested in several of these altcoins, hoping to make a quick profit.

While I did make some profits in a few of these altcoins, the gains were short-lived. Many of them turned out to be pump-and-dump schemes, and I lost money when the price crashed soon after I bought in. I learned the hard way that investing in newer altcoins can be risky and unpredictable.

However, through all the ups and downs, one cryptocurrency that has consistently given me solid returns is Bitcoin. While the gains may not be as flashy as some of the altcoins, the stability and longevity of Bitcoin have proven to be a reliable source of profit for me.

Bitcoin's market dominance, credibility, and security have all played a role in my decision to invest in it long term. While it may not offer the same potential for astronomical returns as some newer altcoins, its reliability and stability make it a less risky investment choice. Plus, the fact that it's widely accepted and easy to buy and sell makes it a more practical choice for everyday use.

Of course, every investor's situation is different, and there's no one-size-fits-all answer when it comes to choosing the "best" cryptocurrency to invest in. But for me personally, after experiencing the volatility and unpredictability of many altcoins, I've found that investing in Bitcoin has given me steady profits over the long term.

If you really want to invest in some quick profit scheme, do it with a very small amount of money and plan your quick exit strategy.

It's important to remember that even a small profit of 5% or 10% can be great when it comes to investing in cryptocurrencies, especially in such a volatile market. While it can be tempting to chase after the potential for huge returns promised by some altcoins, it's important to keep in mind that steady, reliable gains over the long term can be just as valuable.

Good luck everybody. Have a nice weekend.