Should I buy Bitcoin now or focus on other currencies?
Look, Bitcoin has currently reached a very high ceiling, meaning it is close to a peak that it may not break easily in the near future. Great, what does this mean? If you want to enter the market and invest, it might be better to look at other currencies that have not had a chance to fly yet.
Why isn't Bitcoin the best option now?
Bitcoin is really the star of the market, but when it reaches a very high price, there is a lot of resistance to go up more.
People who entered early are waiting for any opportunity to sell at these peaks to take their profits. This may make it stabilize or even go down a little.
Therefore, the return that you can get from Bitcoin currently is not as attractive as other currencies.
So what is the solution?
Focus on other currencies that still have room to rise. Currencies that are still under the radar often have good opportunities if you play them right.
- Ethereum (ETH): Always number 2 and benefits from developments in its network.
- Solana (SOL): A project that is still growing rapidly and is attracting major investors.
- Polygon (MATIC): It supports the Ethereum network greatly, and many people are betting on it.
- Small currencies: Look at new projects that have strong technology or ideas, but be careful and do not get involved in anything that is not understood.
Golden advice
If you are going to get involved in other currencies, divide your investment and do not put all your money in one thing. Always keep a small part of your portfolio in Bitcoin so that it remains relatively safe, and invest the rest in currencies that still have a chance to emerge.
By now, Bitcoin may have reached a calming point, and therefore investing in other currencies that have not yet received their due may be the smartest move. But as they say, "invest with your mind, not your emotions" and know when to enter and when to exit.
