Bitcoin Forum

Haven't looked at and experienced the cryptocurrency industry for a long time, with all the hacks and crashes that have happened to other cryptocurrencies, Bitcoin has proven to be the only option left for crypto users who are looking forward to both security for both network and investment.

just stay away from the sidechains/altnets and subnets/submarine chains that are pegged to bitcoin, pretending to be bitcoin..

their units of measure they use in their messaging system(network) are not bitcoin. bitcoin never leaves the bitcoin network. and the pegs of each unit can break. be cautious of these altnets. bitcoin is the mainnet.. stick to it and secure your keys. no one can hack the blockchain. but they can hack your house door, window and that table drawer you wrote your key in and put inside. or remotely hack your computer.

custodian services(businesses holding value pretending its your but they have it on their keys).. be cautious of that. if its not on your keys its not your bitcoin

It has always been this way, isn't it? With bitcoin having one of the best risk/reward ratios among the cryptocurrencies. I'm really not against speculating with other cryptocurrencies assuming you know what you're doing (most people don't), but bitcoin is the right pick if you just want to leave it there and be able to sleep comfortably at night.

And yet, there are hundreds (or even thousands) of people that prefer not to buy a single satoshi and purchase and hold literal useless tokens with food names, dog names, memes and names of billionaries.

Have these people sacrificed their sweet sleep hours in favor of embracing greed or is it a case of credulity?

I am also in the position of a long-term investor, so in the end, I dropped my choice for trust to invest long-term only in bitcoin. but my position as a day trader is still trading altcoins. not to hold but just to find the price difference and profit from it within 1 day timeframe. because I dare not hold altcoins for long term. maybe sometimes only for the medium term or a few weeks. but for the long term I only trust to hold bitcoin.

hacked and crash always exist in our world not just in cryptocurrency only in fact because of this we can learn from it and make it better . bitcoin in the other hand according bitcoin.org still in beta

'Ongoing development - Bitcoin software is still in beta with many incomplete features in active development. New tools, features, and services are being developed to make Bitcoin more secure and accessible to the masses. Some of these are still not ready for everyone. Most Bitcoin businesses are new and still offer no insurance. In general, Bitcoin is still in the process of maturing'

People can buy useless tokens and dog coins and still sleep comfortably. It's either they only allocated a very small amount of money (hence they can comfortably lose that money), or they're simply delusionally confident.

Security wise bitcoin is the safest compared to altcoins. Yes there are plenty of incident on cryptocurrency infustru about hack so beware of where youll putting up your money. People keeps innovating and of course they arent creating a perfect platform for that so these issues will continue to happen on those platform whether we like it or not.

If for long term goal and you wanted to park your money, bitcoin is the best asset there for you without worrying of its value getting near zero.

As the official King of Cryptos, Bitcoin has come a long way starting from almost nothing to where it is now and despite the ongoing red color of the market and subsequent falling down of the USD value of the coin there is no question that it is still the most viable cryptocurrency out there bar none and once the bullishness can be back we will definitely be on the road to great surprises as well. never mind all the naysayers and those proclaiming that Bitcoin is dead...soon they will be silenced and be shifting their attracts on other matters about Bitcoin. So why is it that many people still prefer to be holding "shitty' digital assets...one reason is that many people are looking for one that can be making x10 or even x100 and they know they can't find that with Bitcoin.

Altcoins come and go but Bitcoin remains. The top 10 cryptocurrencies have changed through the years but Bitcoin remains at the top. All kinds of cryptocurrency hypes have made the short history of cryptocurrency a little more interesting but they're all short-lived and eventually perished. Bitcoin is the only cryptocurrency that is worth sticking to for the longest term possible.

But let us never forget that exchanges, wallets, apps, etc are not Bitcoin. They also may come and go.

It's mostly the latter combined with gambling tendencies of them.
Imagine you are a newcomer who sees bitcoin that is worth tens of thousands of dollars, then someone introduces you to something else that looks like bitcoin but is worth less than a cent. Then they tell you that this new thing is "better" than bitcoin and is going to "surpass" it or at the very least rise the same way bitcoin did only because it's price is so low.
Almost everyone presented with such a lie, accepts it. Partly because they want to believe that they are not "late".

Bitcoin is superior and for the long term indeed. It is the first and only one I truly believe in until now since I dived into this industry and came across different coins, tokens, networks, and chains. But only Bitcoin stands out and remains on the top. I'd rather keep it among the rest even those that have a high quantity number. I still choose the quality one.

Why is that we realise this fact that Bitcoin is the only reliable option to invest you money in that can guarantee you some profit return in future after we see all other coins are dead? There are many coins but after the pump dump scheme they didnt rise any further and on the other side btc has recovered after such dips also and we feel it's good but it always was.Most of the coins don't stand a chance but if you understand it timely before losing money in other one's.

Well, it also depends on what you do with your bitcoin. If you happen to leave it on a platform like Celsius to get a shitload of extra interest, you have a high risk of losing your bitcoins, so I would add that safekeeping your bitcoin yourself is the only option left.

In addition, perhaps in this part of the forum we are a bit biased with respect to bitcoin and some altcoins will probably be widely used in the future, but fiat currencies are also widely used and that does not mean that they are good.

If you think about investing in an altcoin you have to ask yourself what does this coin really offer that bitcoin does not offer. For all the altcoins that I have seen so far this is nothing. Many of them claim to be the better payment solution, but since the adoption in online and offline shops is zero this is all a big lie and will never become reality.

Don't forget also that aside from Bitcoin, I do believe that these crypto currencies are worth to hold and look forward to based on their market capitalization, or total value of all of the coins in current circulation, which is still best to invest for me this current bear market.

1. Bitcoin (BTC)
    Market cap: $406.71 billion

2. Ethereum (ETH)
    Market cap: $148 billion

3. Tether (USDT)
    Market cap: $66 billion

4. U.S. Dollar Coin (USDC)
    Market cap: $55 billion

5. Binance Coin (BNB)
    Market cap: $39 billion

6. XRP (XRP)
    Market cap: $17 billion

7. Cardano (ADA)
    Market cap: $17 billion

8. Binance USD (BUSD)
    Market cap: $17 billion

9. Solana (SOL)
    Market cap: $13 billion

10. Dogecoin (DOGE)
      Market cap: $9 billion

*Market caps sourced from coinmarketcap.com, current as of June 27, 2022.

it is not left but it is the only one since the beginning mate, Bitcoin will always be the  only or should I say the safest and secured currency for us to invest , yes there are some coins that has bright future but the assurance will always be in bitcoin and also the community had proven this already for years now and we will always find this way for bitcoin.

If that's your thesis — investing in them just because they're in the top 10, then don't be surprised and disappointed if we're going to have a different top 10 next year (outside of BTC, ETH, and stablecoins).

https://i.imgur.com/lZcGtFg.png

https://coinsources.io/crypto-top10-history/

How do we know the next top crypto best to invest in? From the picture, i see BTC, ETH and other stablecoin still remain top to invest throughout this past several years. Maybe your right, investing in them because they are in top this year cannot guarantee that they will still be the next best to invest in.

People can also invest in altcoins but have to consider that many altcoins cannot be one investment that can give us a profit.
Maybe altcoins can be one of our investments but we must be wise to know when to buy and sell those coins.
It is hoped that doing so can provide good benefits for us, which can help us collect more bitcoins or stable coins.
Altcoins can't be used as a better payment solution because of the fluctuating factor and so is bitcoin.

This is highly dependent on what people's preferences are, and what their goals are, so to think that everyone is here to get a secure return on their investment is just not true. The first rule of any investment is never to put all your eggs in one basket. That means diversification of your portfolio. And there are numerous options out there for different types of investing and different goals and needs.

"Maybe your right"

It's really not even controversial. Even outside the cryptocurrency space like with stocks, you don't know for sure which top companies might under-perform and get replaced by other companies.

From a personal point of view: I could not.
I would need to psycholically prepare myself to wake up one morning and see all my investment gone in order to catch some sleep, otherwise I'd spend up till 3 am while watching YT videos.

For some ignorance can be bliss when comes to sh*tcoins, at least, before de rugpull.


To be honest, something similar happened to me when I was fairly new in the crypto world. I tried to put some dollars in the "next Bitcoin" within the top-20 altcoins, I considered Bitcoin to be too slow and expensive (back then I did not know how to calculate fees by myself). Thankfully later I realized that a few satoshis are more valuable than one billion sh*tcoins, economically and ideologically.   ;)

Most of those guys who literally buy useless coins are just here in the space for profits. I remembered the time when Elon Dog coins where so hype that most of my friends who are new to crypto bought dog coins and persuading me hard to buy and join them, I told them what can happen soon but they still insist it. The conclusion is they lose money from all the hype. I literally told them to just buy bitcoin and sadly no one believe me. Bitcoin is hella reliable in terms of security and given the gap of market cap of btc to other alts whether it's bull or bear market, It's obvious on where should we put our money on.

There are many options and there will ever be as long crypto space exists. It's all about people's preferences, and there will never be a time when everyone will all join the bitcoin bandwagon and abandon the altcoins.
So many people are not looking out for security or longevity. They are interested in x5, x10 etc.

However, no doubt btc has proven that it is reliable, dependable and consistent. Anyone who cares about security and long-term investment has a perfect opportunity in bitcoin.

Unfortunately today we have aroun 20000 shitcoins. All of them, in one way or another, trying to do the same shit as our current fiat system or miserably trying to mimic Bitcoin. In this case, some may argue that competition is good to keep Bitcoin improving and keeping up with the tech advances and etc. In this case, I think it wouldn't even be needed because Bitcoin simply doesn't care about what other coins try to do. Bitcoin has its own pace, its own needs and if all fiat invested in other coins was in Bitcoin, maybe the volatility was now like smaller by a 10 fold or something like that. Maybe we woul have now more adoption instead of being wasting resources, monetary and human (skills, etc) in scammy projects, centralized, sketchy, shady etc. Then, when people get rekt, the fault is of "crypto" which most people includes Bitcoin in! It's a shame. We need more education, definitely.

This is right. I mean we have seen plenty of huge tech companies get to the top first, but then we have started to see something out of nowhere that took over the world, which is tesla.

I mean that's a "car company" to be fair, even though they are not really just a car company, they are actually a tech company too because they are literally working towards cars driving itself, and every single real driver is helping them map the whole world, that is an insane thing but it allows them to get better at self driving cars too, and maybe one day they will make trucks that will ship things all over the world by driving itself, hence why logistics will no longer be a problem, put up some solar panels on the trucks body and you got yourself a great truck that could charge itself and go on a very long road.

It's unreal, but nobody saw that coming did it? We were looking at google, apple, usual regular old boring tech companies that did known and understandable stuff, they are not gone, they are still at the top but we can see how something that is revolutionary can come up and takeover, same could happen in crypto as well.

It's true that it's the best option but to say that it's the only option left, I think it's debatable. Although I don't want to argue with any of them as I'm a bullish person on bitcoin and had some few alts on hold. But with all of my hopes are already on bet for bitcoin and I just did some fun diversification with some altcoins. No need to argue about its security as it's truly secured while some PoW altcoins are transitioning into being a PoS, bitcoin remains at best for being PoW.

Only bitcoin was survived after many hacking after the 1000 dollars price of the bitcoin.Many people lost huge amount of bitcoin in the beginning of 2017.At that people was come to know the real impacts of the bitcoin price over other stock in the investment stock markets.Some of the altcoin was deemed to be the scam one after the few years.Actually we can’t blame direct as scam.It may the reason for the withstanding power of the core investors.

Cannot agree more.

Switching to PoS to satisfy environmentalists. Worth having though.


Stable coins are shit. Luna showed how useless they are. Why hold something that has dubious backing and follows USD? Just hold USD! At least USD can't go to 0 in 1 week.


Same as number 3


Basically a binance stock. If you trust CZ that much, buy it. I don't trust the guy and I won't invest in his company.


A centralized scam with huge premine that used to promise huge adoption coming in 2013 and 2014 and there's still no adoption and what did Ripple did? They changed CEO from Larsen to Garlinghouse and proceeded like everything was fine.
You buy XRP, you pay wages to the board of directors that do nothing for you.



Created because Hoskinson had a beef with Buterin and thought he can make a better coin. Ultimately both ETH and ADA depend on Bitcoin's success. They are both good but why would you buy something that can fail on its own and also fail if bitcoin fails? Just buy bitcoin!


Same as 3 and 4

A unique coin, but it's the same as with ETH and ADA. It depends on Bitcoin and can really go to 0, like Luna and many other coins did. With Bitcoin you're also taking a risk but if you buy bitcoin today you won't wake up next week with your investment worth -80%, but it can happen with Solana, Dogecoin, BNB and especially with coins like SHIB.


A meme coin, do I have to say more?
Where would DOGE be now without Musk pumping it? What if he changes his mind like he did with bitcoin? Want to put your money on the line and bet on what someone's choices?

I'm thinking whether I should choose more than one coin for investment or I only need one coin for me to invest for example I only need ethereum coins I don't want any other coins to invest after I think I conclude I only choose one coin i.e I choose coin bnb for my investment, I target to keep it for the next 1 or 2 years.

Of course only bitcoin, from the beginning of its creation until now it is still bitcoin because bitcoin is the first crypto currency in the history of human civilization on this earth, and bitcoin was created to overcome the shortcomings experienced by fiat currency which is always experiencing inflation. Therefore, the creation of bitcoins is limited to only 21 million.
and although many people own multiple coins or other altcoins, most of them still prioritize bitcoin as core, or at least own a few bitcoins, and for other reasons because bitcoin is also a very trusted and safe investment compared to altcoins that come and go and scams too . And it is undeniable that most ordinary people know and see news that crypto or digital money is only bitcoin.

Maybe, the decision is up to you. Bitcoin is really the best option but not the only one, you can split your eggs into multiple baskets as long as it suits you.

The market has gone through 13 years of ups and downs, lots of altcoins come and go, but only bitcoin has stood the test of time. As a crypto investor, you should not ignore bitcoin but you can also add some other options, everyone's vision is not the same. As long as you've done your research, you should be confident with your choice.

People get too carried away with the centralized display of stock exchange charts where when they see a long (red or green) candlestick color, their greed peaks and ignores that more than half of it is not a market scenario. The founders of altcoins are still in touch with these exchanges, and it's hard to say that they are completely clean of the dirty scheme of making as much profit as possible.

Altcoins is also a good alternative aside from bitcoin which also why it was named altcoins after all, but it can be a very challenging task to get that correct coin/s to invest as these coins are more volatile than the bitcoin itself. That said, we still should have our own research before investing in these coins, other than that, I recommend the leading altcoins last year.

Depending on the time period of the investments and the financial goals one should decide whether to invest in bitcoins or altcoins. Bitcoin is a good investment for long term investment whereas, altcoins are good short-term investments.

We all knew this was coming. Time and again bitcoin has proved its worth to be the best crypto coin both in providing secure blockchain networking, secure investments, as well as a permissible growth. There are definitely some altcoins like tether and ethereum which have potential to rise, but certainly no one can take the place of BTC.

btc was clearly the first one and brought so many innovations but for real his future is only speculative since now tons of projects are way more interesting and turned on innovation and future than btc. But as it's the mother of cryptos, i think it will keep his place for a long time

I understand that this is the Bitcoin discussion section of the forum, but I wouldn't write off some of the top (or as people call them bluechip) altcoins. To me personally, Bitcoin is the number 1, but there are also few altcoins that proved themself as useful. You can't say that Ethereum is a shitcoin just because of expensive transactions. It works and has been working for several years without a problem. Do you recall that Ethereum blockchain was shut down at any point?

Bitcoin has proven the best available options left as you've said but not that we should also take the security of our asset with levity, it's investment is far better than other cryptocurrencies, but the rate at which the attacks and scam is going is very discouraging and that creates fears on some users, bitcoin has a good network in place that is built with the blockchain technology whereby everyone uses effectively.

I disagree! Bitcoin is certainly not the only option available. Their are multiple useful coins available in the market. Personally I am very bullish on ETH, BNB, XRM etc. These are good coins with multiple use cases.

Bitcoin is definitely the pioneer here and the biggest cryptocurrency available till date. I also agree that the rest of the coins usually follow the trend of bitcoin. But when you talk about the only option - nope! It's not the only option!

I agree with you on the principle that these currencies also deserve attention and that they have broad prospects for development. On the other hand, I don't want to sound too pessimistic, but I don't really like the idea of ​​sanctifying Bitcoin and making it our only hope. I know that it will not collapse and that we currently need it to adjust the market, but we must not forget that it is negative to rely on Bitcoin as the only major component because the hypothesis of collapse is not impossible in an emerging market such as cryptocurrencies.

Agree with what you said, due to the fact that there are still some decent alts, even though the current bearishness is very pronounced for altcoins, but there are some altcoins that are still quite worth it, especially for now.
But indeed, for alts, we also have to be careful because there are so many shitcoins and memecoins that always come almost every day, which makes you sometimes feel that they are quite good even though it is clearly a trap.

Don't look at the memecoins. Most of them will die in this bear market. Eth and other proveo altcoins will survive this bear market just like they survived the last bear market. And it's because they have utility. Memecoins don't have utility, they only have hype that will die fast in the bear market. I'm nit saying that all memecoons will die but 90% of them will. That's why I choose only Bitcoin and few bluechip altcoins to hold.

If you don't want to be ripped off in the alt market, don't go to meme coins or tokens.
Would be better if you keep your portfolio within the top alts like ETH or BNB.
With these projects, you are more confident that they have solid backing with known dev teams.
They won't be disappearing without warning to the public. But with meme coins, they can disappear without warning.

Indeed, the best option in this bear situation but that was not the only option left. I support encouraging people to invest in Bitcoin alone but never do we have to reject and decline the potentiality of some altcoins like ETH and BNB as they are known as profitable and trusted altcoins as well. Yeah, we can't just be blind as sometimes investing in altcoins is more profiting than Bitcoin. And we also have to consider this "don't put all your eggs in one basket", we can be ripped off if that happens.

I agree. If you're for the alts, choose only a few of them that have been proven to be good but they'll never be better than bitcoin and that's a fact.

Meme coins and any other tokens that have been made during the mania of the NFT games. They've got their own tokens and only lived through the hyped. That's why if you don't have any option and you're thinking of choosing an altcoin, ask yourself first if you've got enough bitcoin on your possession.

For experienced people maybe this is something for sure but the problem is that there are so many people who are always fooled by things like this just because of the big lure of the lure pump that makes them continue to do things like this without knowing this is a scheme they employ to attract potential victim.
I personally prefer to be on some of the alts that are at the top of Coinmarketcap's list unless they are memecoins and stable there but for others like ETH, BNB or projects that are new to Matic and Cardano I follow them.

If someone gets attracted or fooled by big APY or empty promises, it's their fault. No one in their right mind should believe that APY over 10% can be sustainable. It will work for some time but in the end it will crash and burn. If people would invest in projects with a working product (at least minimum viable product), all those hyped memecoins and shitcoins would never exist. But everyone knows someone who got rich in crypto and they want it too.

One must also keep in mind that Bitcoin was not created as a tool or scheme to make their creators a quick buck, there is a huge ideological and technological charge in Bitcoin. We could call Bitcoin the "main" cryptocurrency in the market because it's marketcap or because it was the first one, I personally believe it is because it is also the one people take more seriously as an investment.

Because these people get in to get rich quickly in their minds.  The desire for money and huge profit can vague one's rationality so these people who invested in shitcoins and other high-risk high reward cryptosystems are blinded by it.


Sadly people got crazily blind if they saw a 10000% APR stake offered.  They jump in as soon as their eyes set on it.  They will come to realize everything when they got busted because the project just gets rug pulled. 



Bitcoin is already considered the Main cryptocurrency because of its dominance in the market, the most secure network in the crypto industry, and the most popular not saying it is the first decentralized cryptocurrency.

Having webpages like Coinmarketcap and Coingecko showing useless coins pumping over 100000% in one day it does not help much, some people may feel tempted and try to find the next "moonshot", timing their entry and exit, before the rug pull.

As if it was not difficult enough to time traditional and legit markets, imagine timing a literal scam.


In your opinion what makes Bitcoin the most secure Blockchain?
The hashrate and the distribution of it? Or there is something else you keep in consideration?

Beyond all this, it is the success of blockchain technology. Even before bitcoin there were some research and experiment on innovating new technology. Nothing made big transformation, it is the bitcoin blockchain that made big financial revolution. Then onwards the progress started with giveaway to a valuable asset with multiple usage. Right now we've got more than 20k listed on CMC, but it is the one that stands above all in all market trends.

Your reply got me thinking.
Sometimes I wonder what are the criteria for CMC to list coins.
I get they would want to provide awareness about many projects as possible and not only focusing on already settled chains, however somehow they end up listing literal scams they tend to warn about later.

Perhaps coin listing is rather a business ?

I wouldn't quite say it's the only option (Maximalist speak) but it is by far the best option and has the track record to prove it.  I'm sure there are many who regret some shitcoin chasings.

And I don't feel sorry for the people that were warned about a scam project and they still invest in it.  I always try to talk people out of investing in projects with too big APY, but many of them just ignore me. That's why I choose to ignore them when they start crying how they lost their money. People like that will learn their lesson only when they lose their money.

If you want to know about their listing criteria, here it is: https://support.coinmarketcap.com/hc/en-us/articles/360043659351-Listings-Criteria

We can also submit requests for delisting of scam crypto-asset projects, misconduct complaints, etc.

We cannot deny that we have once been interested in using other networks, chains, and other platforms which are useful until now. We just think that Bitcoin can’t be outdone and we prefer that it’s always uplifting that we can’t let go or put aside.

But the fact is that almost everyone has done this and it is quite natural because indeed everyone can be greedy and make mistakes.
For the first time it is reasonable but sometimes there are some people who are so greedy with things like this and this is what makes some people sometimes say that Crypto is a Scam, Even though he himself cannot run Crypto well.

Saying it's a crypto scam because they have already lost a lot, they are too greedy and just want to make big profits. The fact is that this is the case, those who get wealth from memecoin or shitcoin are those who dare to take risks for that one opportunity and then throw it away. We must really know how cryptocurrencies work and be aware of the risks that could occur. Bitcoin is indeed the best, but if you can't understand it then everything will be a Scam.

Not everyone could be lucky in the cryptocurrency industry especially if you're risking with altcoins. Some of them could turn into shitcoins, others could be profitable and others might crash and won't recover, in short, there's no definite assurance of profit in some altcoins. If you seek security and assurance, Bitcoin is established enough to fulfill that. It has proven a lot for years and has achieved different milestones of adaptation. People who say crypto is a scam are those who haven't been successful in it and had a hard time dealing with cryptocurrency's volatility.

That is the way most people are, they for the most part only appreciate the knowledge they have gotten themselves through experience, while not realizing they can take advantage of the experience of others and avoid making the same mistakes they did.

So when you warn them in order to save them from suffering massive losses they do not see someone trying to protect them from harm, but someone which is an obstacle to realizing their dreams, so it is not surprising they do not listen to us, but in return we do not have to listen to them when they lose their money with shitcoins.

Bitcoin is always more secure than other alternative coins. You know that's the reason Bitcoin is called mother coin as well and till now any coin hadn't broken or replaced BTC. If you look for truly decentralized cryptocurrency, then you will not find except Bitcoin. I am talking about Bitcoin technology. Even there are few coins exist with the latest technologies, they had been encountering a lot of attacks. And here Bitcoin stands for with best secure decentralized blockchain algorithm.

You are right, and always have been. Although I am still relatively new to bitcoin but I firmly believe that there are many advantages that require me to trust bitcoin more than any other crypto. Bitcoin has proven its worth, is never hacked and is completely decentralized so that both beginners and pros alike will be safe to choose bitcoin as their investment asset.

As bad as people may think about it, I can only believe that bitcoin is a payment system that offers more advantages over fiat systems. It's just that the world's governments are still too embarrassed to admit it, but they are starting to target profits from it by regulating users.

Lol, there way too many people that are like that. It is not just those dog coins or even dogshit coins, also those meme coins that you know that won't even last. I guess people can be comfortable due to how hyped a particular meme is.
Good thing that I did not made my final decision back when I was still starting in crypto to buy these crappy coins.

Bitcoin is no doubt, it has become commonplace and bitcoin is still the first choice. Altcoins are only as optional or second choice or second investment after bitcoin. People who are unlucky in altcoins of course they don't do research first, research is needed to determine whether it is worth being a second investment, the safest altcoin and still my favorite is ETH, because it always follows the price of bitcoin. For a new altcoin it will most likely be shitcoin and worthless. Of course
Not everyone is lucky in the cryptocurrency world, but everyone has the same opportunities.

I also at first only believed in bitcoin and ignored altcoins. but half way through i was tempted by the advantages of altcoins. and I buy a lot of altcoins that offer multiple and faster profits. without knowing that behind it there are risks that are far greater than the benefits. I also ended up experiencing a lot of disappointment from altcoins due to my innocence. and in the end I went back to only trusting bitcoin for long term investment. because so far only bitcoin has never disappointed me. if altcoins are fulfilled dev promises but sometimes those promises are not proven. However, unlike bitcoin, bitcoin does not give promises, but bitcoin always provides tangible evidence.

It has been always the Best option but it doesnt mean that it is the only one left, there are still many good crypto that exist but all we have to do is find which is one and yes Bitcoin is in the top of it and i think our perfect option to say as well.

But there is also Ethereum and Solana and of course Binance one of the safest of them all.

To be fair, bitcoin is an excellent long-term investment and investing in altcoins are not necessarily bad either. However, altcoins are subject to many risks, such as hacks, crashes...so you can also invest in altcoins but remember to only invest small amount, like gambling for fun and allow it to be lost without affecting your sleep. For serious investments, bitcoin is the best choice in the crypto market.

that is why you have to invest in Bitcoin and leave altcoins because the risk in altcoins is greater than the risk in Bitcoin. Any one who wants to invest in cryptocurrency should go directly to bitcoin but is not that investing in altcoins is very bad but they have different ways of potential

No doubt about Bitcoin but can't just ignore the potential of altcoins like ETH as well. Just what I did with my portfolio, 60-70% is Bitcoin still, some altcoins got some space on my portfolio to know that they are somewhat profitable as well even during the bear season. I'd never think this was a wrong idea but saying it was right (just for me).

Anyways, it is very important that we know what we are doing. Earning a profit in couldn't be hard if we are choosing the right coin/s. If we think Bitcoin is enough then that was a choice. Yes, it is just like gambling and there are only two possible results, win or lose.

Don’t try any other chains, always go for Blockchains.
Bitcoins are strong in encryption I too agree on this.
It is the first crypto developed, so yes there is some great strong encryption present comparing to other alts.
OP you can also try ETH, as it’s security and safety is almost equal as Bitcoins. At last it completely depends on a user what he/she needs to do. So choose accordingly.

You are right and maybe "they're simply delusionally confident" ;D because of the few cases of some people luckily making profits out of these dog name coins hence we will continue to see this with some crypto investors.

Bitcoin is always the safe haven for me. Fiat money is losing value against inflation. Stablecoins are not trusted enough for now. In other crypto-currencies, the reward is high and therefore the risk is high. It's always a possibility to lose your whole investment, even in major altcoins. We've seen even those that claim to be very solid disappear from the market after several years. I would trust any coin other than Bitcoin at minimum. After all those years I've been in I know the basics and I don't fear of these price movements at all. In the end I know it's going back to its highest and make new highs. It's more secure long term investment for me.

Hey, I don't get to understand all you have written.are you relating to the market volatility? You know that the crypto market is not the only financial market that do crash and rise with time. If you take a look at the forex market and all other market, you will see that the same happens there so Bitcoin is as volatility as the Stock, Forex etc markets.

Bitcoin is the foundation of the cryptocurrency market and we shouldn't be surprised seeing other cryptocurrencies falling when Bitcoin falls and rising when Bitcoin rises. That is opportunity for everyone to choose what they really want whether for altcoins or for Bitcoin but Bitcoin is more trusted and secure than all those coin projects coming out from every corners of the market.

In this case, indeed not everyone can achieve good results when in Crypto, the reason is simple because indeed they expect something Instant and are greedy enough in this case so that this actually makes them difficult and consumed by their greed.
Agree with what you said because Meme coin is actually the same as gambling, when you can take advantage of this and want to take a bigger risk then the profits can be multiplied but if there is a mistake then you have to be prepared for the worst.

There is a little detail we should not let pass by about this useless coins.
If ones buys Bitcoin during an ATH beause one is feeling bullish about the price but next day Bitcoin bumps let's say 10-20%, there is not the end of the investment, since Bitcoin has proven to be an asset which can easily recover from bear markets with the enough time, reaching higher prices during the next bull run.

On the other hand, these coins/tokens made with no sustance or use case can indeed Moon but most of them fall as quickly as they raised in value and unlike Bitcoin, they never recover and stay as dead projects indefinitely, leaving investors/glamblers holding the bag to the end of times. The clasicall sh*tcoin life cycle is: birth-> moon -> dump -> death

We don't get anything out of such coins/tokens that at first show elegance but eventually lose their value. That is a token for those who have joined the hype of P2E and rug pull scheme because many gamers have become obsessed with this kind of investment and they don't have an idea what they have entered because the only thing they want is to earn while playing. But they don’t know that it’s just as easy to lose. They are the newcomers who know nothing about Bitcoin.

Most of them do not anything know about neither Bitcoin nor Tokenomics.
The worst part is that due to the gold rush caused by P2E last year many people had to face losses, I personally know one which lost some money on Plants Vs Undead. The fortunate ones got their earnings into stablecoins, FIAT or Bitcoin and got earnings tho.

Also, we should not forget of those influencers and YT personalities who took advantage of their fanbase (most of them quite ignorant of blockchain techonology in general) to accumulate ever more money through the offer of NFTs or even sponsoring P2E games. It was during the last year that we all managed to see what social media influencers value more money than their fans.

Of course, there are some P2E which are legitimate like Axi Infinity or NFT's collections which do not try to scam anyone, however, those are few in comparison to the scams and useless coins.

No matter how many cryptocurrencies come up in the market, I will always put my money in bitcoin. It’s not just about the profits but also because it is the first cryptocurrency in the world and has been a great asset for me for years.

Everyone will certainly vary with their investment choices, some choose to invest in altcoins, some invest in gold for the long term. and there is also in bitcoin. but if I personally choose to invest in bitcoin, for the long term or short term. I chose bitcoin because I saw a good volume, and the supply was not much, while bitcoin enthusiasts were increasing from year to year. so my only investment choice is only in bitcoin.

There is no way both currencies could be compared for any reason, most at times Amateur ran to Altcoin maybe since they noticed is more reliable to them than bitcoin, most investors knew this and take advantage since they are already aware of how important valuable is Bitcoin. Is of no doubt during the bear whales gets Richer while the market feeders gets poorer due to little wave caused by the whale.
Bitcoin remains the only option and I can't sell my fractions I have been able to saved.

Bitcoin still remain the king among cryptocurrencies that is were safe and secured for people to invest any amount of money without fear. I guess, Bitcoin is the only option left for those that missed the opportunity not to invest on bitcoin to make use of this opportunity by investing a huge amount of capital on bitcoin to see how good and secure bitcoin investment is in the crypto world. Now that the price of bitcoin has increased to $21,000 few hours ago, showed that very soon people will start expecting massive pumping that will help people to recover from their losses in the community.

Yes indeed when we come to bitcoin then we are not only saving money but also investing trust. Yes how bitcoin grows from year to year makes us, especially me more and more believe that bitcoin is for us, me. Don't care about the decline that sometimes makes me panic myself but it can be overcome by looking at bitcoin's backwards flashback.

Some say putting eggs into a single basket is risky and they are right, but I think it was different when it talks about investing in Bitcoin. It is absolutely risky solely to invest in Bitcoin but because we trusted this project and even to see its great market performance, we were never afraid to take risks and pursue it. I'd never found it unreasonable because for me, investing in Bitcoin seems to be the most reliable investment in crypto.

Taking another approach from a different angle, we could see the numbers of cryptocurrencies inventors rushing their investment on bitcoin as well for a steady backup, we cannuse the event of recent tesla case as an example, they had their own investment strongly in bitcoin despite their involvement in altcoins simply because they don't want to be too vulnerable onbthe risk associated with altcoins that they invented should may apparently turn a shitcoin or failed project.

How did you get 1k activity on the forum without knowing the answer to your question?
BNB is a completely centralized coin that depends on binance. Bitcoin is the opposite, a decentralized coin that depends on supply and demand. You have a really wide range of coins you want to buy for someone who doesn't know if getting bitcoin is a good idea. :P

IMO if you're into cryptocurrencies and feel like getting one could be a good idea, you should buy bitcoin first. Get bitcoin and then sleep on it for a few nights. Don't get too excited before buying, don't get too much. Dip your toe, wait a bit and decide if that's for you.