Bitcoin considered too expensive, Altcoin can be good investment option ($LEO)

Bitcoin recently became an alternative investment target for investors, but this day altcoin instruments are starting become target altcoin is a type of crypto asset. Bitcoin's trend had a positive impact on the price of altcoins because there are some altcoins indeed derivatives of Bitcoin and forks of Bitcoin although the increase of each altcoin having difference fluctuations.

For the example is Ethereum, which has increased 10x on annual basis in the past year. Last year, Ethereum was still at $126, but this year it has touched $1300.

The most factors of Altcoin price increase aggressively is supply and demand. Each Altcoin has function as means of payment abroad and the functions of such utilities vary. The better the utility, the more demand. Many investor assume that the price of Bitcoin is too expensive, eventually they will be shifting other crypto assets on Altcoins. Each cryptocurrency has different prospects, one of the factors that have an influence on the prospect of cryptocurrencies, innovation and the way each cryptocurrency controls the crypto asset market. Innovation is the most important thing to increase market demand, many investors will be interested with innovations offered by some altcoin projects, in this case for an example @leofinance having brilliant innovation with upcoming project such as Airdrop for LEO and WLEO holder, Leo-Fi and the hottest topic about Leo app its like "Twitter on Blockchain" soon will be launched! its very brilliant projects handling by @khaleelkazi and teams. Leo finance already bring us to another level of microblogging and always tease us with lit by lit clue. lol

Token $LEO since beginning of its launch has an impressive performance and at the beginning of this year $LEO already break ATH record with price more than 7.6 HIVE for 1 $LEO that means if you invest from the beginning of $LEO launched, you earn 4-5x profit. Unfortunately i missed to start investing in $LEO since first launched and got to know LEO and HIVE world at the beginning of this year. I don't want to miss the investment opportunity in $LEO for second time and ready to diversify my crypto assets more to @leofinance and @lbi-token, because i have an optimistic in the future will give us an advantage looking in the Roadmap 2021.

Conclusion

Bitcoin still become the king of crypto assets and has the highest rating and highest volume in crypto market. Investors who want to invest in the long term can buy Bitcoin considering its price which always rises every year. Meanwhile, if you want to be short-term, you can choose Altcoin but it is better to have a good understanding and ability to read market movements. Investors who already have good trading skills, they will tend to target Altcoins. Because, investors can take advantage of the momentum of the agressive Altcoin prices in market.

HOW ABOUT YOUR CRYPTO INVESTMENT IN 2021? BITCOIN OR ALTCOIN? BOTH?

Image Resource : , Trading View Chart and LEODEX Chart.

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