Should a newcomer to cryptocurrency invest in altcoins instead of bitcoin?

Here's a breakdown to consider for a crypto newcomer:

Starting with Bitcoin on Bitget:

• Safer Bet: Bitcoin is the most established cryptocurrency, making it a less volatile choice than most altcoins. This lower volatility can be a good thing for beginners who are getting comfortable with the crypto space.
• Higher Liquidity: Bitcoin has the highest trading volume of any cryptocurrency. This means it's easier to buy and sell Bitcoin without affecting the price significantly. On a reputable exchange like Bitget, you'll find high liquidity for Bitcoin, making it a smooth experience.
• Trusted Reputation: Bitcoin has a longer track record and is widely recognized. This can give you more peace of mind, especially for beginners.

Considering Altcoins:

• Potentially Higher Returns: While riskier, some altcoins have the potential for much higher returns than Bitcoin. This can be attractive to some investors, but remember, with higher rewards comes higher risk.
• Specific Use Cases: Many altcoins are designed for specific purposes, like smart contracts or decentralized finance (DeFi). If you believe in a particular project's goals, this could be a reason to invest in its altcoin.

Finding a Balance:

• Start with Bitcoin: It's a wise approach for a newcomer to invest in some Bitcoin first to establish a foundation in the crypto world. Bitget is a user-friendly exchange that can help you get started with Bitcoin easily.
• Research Altcoins Carefully: If you're interested in altcoins, do your research before investing. Understand the project's goals, the technology behind it, and the risks involved.

Remember: The crypto market is volatile. Only invest what you can afford to lose, regardless of whether you choose Bitcoin or altcoins.