SEC chairman Jay Clayton said bitcoin is not a security, but a currency. He didn't say that altcoins are currencies though. So what this means is that altcoins could get really expensive to use, compared to bitcoin. Therefore, you should get out of altcoins and get into bitcoin.
https://www.investopedia.com/news/sec-chair-says-bitcoin-not-security/
https://www.investopedia.com/news/sec-chair-says-bitcoin-not-security/
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