Not Yet There Any Bitcoin Alternative

Image by Gerd Altmann from Pixabay

Great boss will be always a boss and this I realize when enter the crypto market. Red candle in the market affect brutally on altcoins and tokens but it doesn't affect much bitcoin. Many of you may not agree with this statement but this a close market observation from my side and there is no other coin that can be compare with bitcoin yet. Everything has an alternative and I also thought that altcoins can be the alternative to bitcoin but it was my misconception. But things are getting clear to me and now I understand why investors prefer bitcoin more than other coins.
Feeling fool because I thought altcoins can be the bitcoin alternative but this is not like that. Bitcoin is the boss coin of cryptocurrency and it will be a boss. Last few days the red candle in the market affected my favorite coins and tokens when bitcoin price almost closer to $44k and this is a positive sign. Around 3-4 weeks my trading is off and how long I've to stay away from trading not sure but nothing to get worried because I'm financially fit and stable for more than six months and I'm ready to hold as I'm not brave enough to take risk at this moment.
One more lesson market taught me today and gradually I'm understanding the value of bitcoin and my future coin will be this boss coin. Investors are getting enough chance to buy bitcoin and lucky investors investing their extra money on buying bitcoin as they targeting the bull market and that can happen at the end of 2024 according to crypto market experts or researchers. Right now I'm just an audience and trying to understand market. Following crypto observers can help me having my next move. It's really hard to wait long especially when I'm an impatient person and doesn't expect huge from my investment.
Investment on tokens and altcoins may help small investors making big profit sometimes but it is risky too if I compare it with bitcoin. I'm not telling that bitcoin is absolutely risk free but it is not as risky as investing on tokens and altcoins. Even binance warn when you buy new tokens in the market and they are not responsible for any kind of asset loss or something unexpected. This is my personal observation maybe I'm not right for all the time but I'm sharing my personal experience on crypto background related finance.
Bitcoin still a boss and I'm sure for many years it will hold it's boss rank in the market. There is less possibility to find any bitcoin alternative in virtual world. Bitcoin is virtual gold but everything is possible, who knows there will be any virtual diamond or platinum heheh! Jokes apart, bitcoin is the king of crypto and we crypto lovers love it more.
Thanks For Stopping By!