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The end of the bear market is the perfect time to invest in BTC and make gains by selling around October 2025. Additionally, a recent report by the financial services company deVere Group analyzed data that revealed an astonishing 82% of millionaires are now seeking advice on Bitcoin investment. Greater institutional adoption of Bitcoin could lead to future price gains.
For long-term investors, some allocation to crypto makes sense, just like an allocation to equities also makes sense. Erik Finman, a bitcoin millionaire, says that investing a good chunk of your income in bitcoin is a good idea.
Some alternative cryptocurrencies to invest in besides BTC
There are many alternative cryptocurrencies to invest in besides Bitcoin. Here are some of the most popular ones:
- Ethereum (ETH) – the largest and oldest Bitcoin alternative, and its blockchain was the first to introduce smart contracts.
- Dogecoin – a meme-inspired cryptocurrency that has gained popularity due to its low price and high volatility.
- Litecoin – a faster and cheaper alternative to Bitcoin that uses a different mining algorithm.
- Cardano (ADA) – a safer Bitcoin alternative to invest in, with a focus on security and scalability.
- Solana – a high-speed blockchain that can process up to 65,000 transactions per second.
- XLM – a cryptocurrency that focuses on cross-border payments and remittances.
- Binance Coin (BNB) – a cryptocurrency that is used to pay for fees on the Binance exchange.
It’s important to note that crypto asset investing is highly volatile and unregulated in some countries, and there is no consumer protection. Therefore, it’s important to do your own research and invest wisely.