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Is investing on bitcoin too late??investing on altcoins the way forward??

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@makayana
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2 min read

So yesterday i was talking to a friend and he said he wants to invest some certain amount of money on the bitcoin market but he feels that it is too late to get into the market as the bitcoin price seems to be so high already and that he thinks maybe he should just use the money to invest on other altcoins which have very low price but have a bright future ahead and will still grow in value.....

Now sincerely what was my response??honestly i supported his stance,why do i support it??i do not hate bitcoin,infact i have some little investments on bitcoin,infact i believe that bitcoin was the crypto which brought relevance to most cryptos in the world so bitcoin should be given that respect...

But coming from an investment angle,i believe that it is better to invest on a crypto with potential growth and has an affordable price right now than to invest on a crypto which is probably at a very high premium price which is even probably at an overbought zone on the market...

There are many wonderful cryptos that have affordable price right now and they are doing well on the market and it is affordable to buy them right now and they have the same potential to grow high in price in the future just like bitcoin price grew so much...,such examples of such wonderful cryptos are the LEO,LBI,XRP,CARDANO,HIVE,IOTA,ETC.....

so i adviced him that he should take majority out of the cash and invest it into other great altcoins,then he can invest the remaining cash on bitcoin but he should not put all his eggs into one basket.......

Before he invests on the altcoins market,he should just do his research well and ensure that he is investing on the right altcoins which will enable him to earn cool profits from his investments......

what do you personally think,do you think it is too late to invest alot on bitcoin right now??do you think it is overpriced already??do you see it reaching $100000 soon??i want to hear your opinion...

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