Learn once and for all: investing in Bitcoin is safe, but it is not the fastest way to get rich!
If you are starting in the world of cryptocurrencies, pay attention to this simple advice that many people still ignore and thus lose money.
Bitcoin (BTC) is the safest investment among all cryptocurrencies. It is the most well-known, most used, and most accepted currency in the world. If you want to invest more securely and avoid large risks, BTC is the best choice.
However, if your goal is to multiply your money quickly, Bitcoin may not be ideal. And do you know why? Because of the percentage of appreciation.
Imagine the following example:
You invest R$1,000.00 in Bitcoin.
You also invest R$1,000.00 in a less known, cheaper coin.
If Bitcoin rises by 1%, that means you earned R$10.00. Now, if the smaller coin rises by 10%, you earned R$100.00 — even though it increased less in absolute value.
In other words: what matters is not the amount the coin increased in reais or dollars, but how much it appreciated in percentage relative to your investment. Smaller coins tend to have larger variations, both up and down. This means more risk, but also more chances for quick profit.
A simple summary for you not to forget:
Bitcoin is the safest — great for protecting your money and investing long-term.
Smaller coins are riskier, but they can bring greater profits in less time.
So, if you want security, go with BTC. But if you want to take risks for quicker gains, diversify with other coins — always with caution!