Replying to Avatar 2Pac

Sure but long term do you think they will outperform bitcoin?

Easy enough to swap into those coins if you so chose not sure they are good for long term savings.

Most people are not good traders so short term performance doesn’t help most. They will buy and sell at the wrong time.
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dr.fred 2y ago

i dont know if they will, maybe, maybe not, no one can say for sure, but i think many will widely outperform btc.

let's say btc goes 10x in a month, in a year whatever

i believe some crypto coins will go 50x, 100x

for obvious reasons i will not recommend any.

everyone can do his own research.

just saying over and over again that it is a casino when they do not know anything about crypto and do not understand it is very stupid. actually beyond stupid.

i saw the same idiots 1990 saying that the web will never be successful. some said that it was for children only, grown ups will never use it. i have heard a lot of idiotic opinions about it. even email. no one wanted to use it. i made money on the web and i will make money again on crypto.

crypto has a value and it is the future. this is a fact. it does not change a thing that the other fact is that 90% or more of today's crypto is a scam and will die.

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2Pac 2y ago

Diversification <—> Concentration

I agree that I don’t think crypto is going away and yes every cycle some will outperform in a cycle but have any outperformed over 2 cycles? So unless you are skilled and have the time and resources to really understand your investment and when to enter exit it is tough to outperform bitcoin long term I think many got burnt holding coins which outperformed in short term the held to underperform and they would have been better just sticking to bitcoin.