Bitcoin Forum

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This statement took a lot of things, although everyone may have his thoughts and meaning after looking at it, and some will even see it as a hasty generalization, but deep down this is the fact: as far as bitcoin remains genuinely and trustworthy, I believe this, but due to individual differences, we just have to think out of the box... moreover, bitcoin is the greatest of all time.
 What's your thought about this my Naija people?

In as much as I am a huge fan of Bitcoin, and i also understand that you want to be the biggest fan of Bitcoin also, you shouldn't be blind to the fact of what's going on in your surroundings, Bitcoin investment remains the best when it comes to cryptocurrency and it's the most reliable cryptocurrency ever as of today, but for you to say that every other coin are scam, that's what I disagree on, do you really understand the meaning of something being termed a scammer?

I refuse to agree that you are daft enough not to know what a scam is, because in as much as Bitcoin remains the best, you can't tell me that BNB, Enthereum, Solana Optimism are all scam coin , they may not be in the same league as Bitcoin, but they are certainly not a scam as you claimed, do your findings and research, you will understand perfectly well what am talking about if you aren't sentimental about it.

Then lastly, this statement you made; Everything is a scam except Bitcoin, are other form of investment like gold, silver and stock added into the category too?
Because if truly they are among, it's definitely not just going to be ridiculous, but that statement is actually going to be stupid too.

Generalizing every other thing as scam is inaccurate @OP. Don't you understand that everyone have choice of what they want to invest their money on and they can invest in every other asset apart from Bitcoin, do you mean that other asset are scam? The fact that you don't like other assets apart from Bitcoin, doesn't make that asset a scam. We (Bitcoiners) knows that bitcoin is a very great asset but yet there are still some rich dudes that made their money from other source of income.

Your statement is more of a generalized one rather than specific, which drives it seriously our of context. Bitcoin evangelism is very good and what I root for, but being a Bitcoin maximalist is very bad. There are surely other promising digital assets rather than Bitcoin, there's Solana which I wear the signature of a company endorsing it, there's Ethereum, there's BNB which provides us recently with a network to transfer USDT free across exchanges and much more. These are good and promising projects although they're not in any way compared to Bitcoin in value, but it's noteworthy that each serves it's purpose in it's own capacity and has not been linked to pumping and dumping, thereby defrauding people which is the real meaning of scam in the context

This is a bit of unverified proclamation that you've made here and I'll not support it at all since there's no evidence to support that every other altcoins are scam. I also advise you to refrain from such maximalist and unverified statements, so you don't bring lawsuits or issues for yourself on the long run.

OP, I sabi sey nor be you write wetin dey for dat picture wey you share here but sharing it wit d way wey ur comment take be show sey you support wetin d person wey get dat picture be talk. Shey you even sabi wetin scam be sef? Abi you just wan follow people wey nor know shishi for dis industry dey reason d same way? If you look well sef, you go discover how more helpful ETH dey for dis industry pass Bitcoin.

Again, any time wey you use picture or text wey nor be ur own, try to dey put it source link there to respect the rightful owner. Make e nor go enta plagiarism for you. Dis forum nor dey like dat kain thing.

If it is cryptocurrencies, majority of them are bump and dump. Bitcoin is far better. Cryptocurrencies are the scam that exists today that is beyond the control of regulators and governments. Although, some people can argue about it and use gambling to refer to something like that. We can not say gambling is scam. But it is good for people to understand what cryptocurrencies are before investing but they are not all scam.

so, you even know of what hasty generalization and still went on to make this sort of statement? even though i am a big fan of being completely focused on bitcoin and have in many instances spoken down on diversification of funds, calling other assets scam is totally wrong and only suggest that you don't understand how the different asset class works.

using the word scam to describe every other asset class is wrong and moreover, some of these coins even if we consider just the crypto niche are not built just to scam investors. some if not most of them have good systems built around it and at the same time have good terms that puts in the work to see that it stands the test of time. that some fails along the way doesn't make the scam. moreover, at the early stage of bitcoin, a lot of individuals associated it with scam and Ponzi scheme just because they lacked proper knowledge of the potential it has. that there is investment option that are scam doesn't mean every other investment out there are all scams. that bitcoin has managed to stand the test of time and is currently the best of an asset doesn't mean that all other assets are useless or scam. project bitcoin and do so without sending a false narrative that will only look like you are downgrading other things with baseless reasons.

No be only ethereum, the blockchain wey TRUMP built on, that brings out many millionaires this period no be Solana them dey, the essence of smart contracts con dey help many tokens build up wey dey make the industry more marketable, volatile and sweet, smart contracts projects brings out decentralized finance, metaverse, nft, and more. Which other projects wey don exhibit all these features on Bitcoin network, NONE.
The thing be say Bitcoin na en be the baba for the game which them dey operate based on first mover advantage, na them come out first and them government sef dey target to be adopted because them dey in their own.

My dear, d thing tire persin oh. I just sey make I mention only ETH. CHAINS (https://www.coingecko.com/en/categories/smart-contract-platform) plenty full ground wey help bring healthy competition for dis industry. Shebi na just last year wey Bitcoin fit enable BRC20 tokens on its Blockchain wey make us see Ordi and Runes. Before den, Bitcoin just dey for payment and as speculative asset, nothing more. No oda thing.

Make I nor lie you, any time wen I read people dey talk about how worthless altcoins dey and sey na only Bitcoin dey worthy to invest in, I go just dey smile because I know sey dat same persin wey dey openly condemn alts dey secretly invest in dem.

You have to have enough reason and evidence to call something a scam, do you? Your loyalty to Bitcoin is admirable but being blind to everything else is not at all right. Do you understand what it means to call something a scam? When you call everything outside your choice a scam, it means that other people's choices are wrong or harmful. You can name some specific coins that are involved in scams. For example, coins like Onecoin, Plus Token and Bitconnect. But can you call coins like BNB, Ethereum and Solona as scams? I think you have to have enough evidence and be careful to make such a comment.

Even though everyone is entitled to his or her opinion on their view and analysis of issues it will not be totally right for you to make a general assertion that everything is a scam except Bitcoin and you did not convince me to a reasonable point in your argument you would have given the reasons why everything is scam except Bitcoin because this is actually a very big statement that you made I know it's due to your belief the Bitcoin vision that is why you're coming out to be making thing kind of statement


But the fact is that even though Bitcoin is making waves in the financial sector and is fast becoming a global currency where everyone will adopt in the future due to it effects in economies in the world but there are still things that are out side of Bitcoin that is not scam because scam is really a big word that you use as scam is sinonimous with fraud and illegal activities which everything is that is out of Bitcoin doesn't possess such attributes

I just tire for the whole generalization of the opinion because aside from Bitcoin e still plenty other people and assets wen many crypto enthusiast go choose and invest, I mean na personal matter, just like many people in the world even prefer other fields of business idea or investment than Bitcoin. So e no make sense to talk generally about the issue for everyone cause I know say even before Bitcoin get this kind growth so many people praising now were also doubtful.

The imagine above is just a mere memes people create for fun and repost, if I’m not mistaking the writer meant things that matters like bitcoin (money) or else it’s a scam meaning you should not pay attention to things that are less important and the imagine explains something different. Honestly we should start seeing other good investment choice aside bitcoin when considering diversification, people still view bitcoin as scam and it’s still their opinion maybe they heard a different story about bitcoin well, bitcoin is one of the best and valuable invest choice.

Well I am a Bitcoin enthusiast and everything I do in crypto-currency Bitcoin is a always at the center of things but I would never say that every other coins are a scam asides Bitcoin.
I think every other coins asides Bitcoin is risky but I can not for a fact say that all others are a scam.
Joining altcoins offers it's good and bad side, some people may be lucky on an altcoin making good profit and others can actually lose big on that same altcoins. To me Bitcoin offers the best level of safety.

OP, maybe if you had talked about other coin to be a risky investment aside Bitcoin then I would understand your point but making a generalised statement of calling other coin's scam is what I will not agree to. Yes Bitcoin is the best amongst them and so far it is reliable and can be looked upon to yield profit compared to other coin but in as much as we trade in Crypto, we all know how risky it could be at most times.  However, a careful and cautious approach to other coin's could keep one out of trouble if they really want to.

Normally generalizing other coins as scam is not really advisable. because as far as I know, everyone have right to invest in any coins that they like. Because sometimes most of this coins normally yield profit at last, although in all Bitcoin still remains the best but doesn't mean that we can not try luck in other coins. However, as a good investor investing in other coins can increase your profits sometimes, if you invest wisely.

Bitcoin is undoubtedly a great investment that will give you huge profits, but you should set a long-term plan for it and consider a sure source of discretionary income and backup funds. Other investments are good but they have a higher risk potential and at the same time the right choice may give high profits but it is an uncertain investment. op's idea is that there can be a lot of debate to come up with a logical solution to other scams besides Bitcoin. There are many cryptos in the market that give reasonable success and additionally huge losses due to price drops.

I will not disagree with your idea that many people in the world feel comfortable in short-term trading compared to Bitcoin in the long term but that requires a huge amount of capital and need to spend of time in the market. Bitcoin investment is a relatively easy and regular accumulation with the possibility of getting a decent holding within 4-10 years or more with the possibility of getting high profits. In my opinion it helps to get much more profits than savings fund through banks or insurance.

Investing in Bitcoin for the long term is guaranteed success from there, but we would be wrong if we think of this investment as a get-rich-quick method. Also as you mentioned that to invest in Bitcoin you need to ensure discretionary income and backup funds, maybe it's not quite right because if there is a source of income in the initial stage then you can start investing through that. When the market price of bitcoin falls, we use the backup funds to buy more bitcoins with less money or for other needs.
While it is true that we need to diversify our investment portfolio, there are some potential coins. Maybe they are very unlikely to be scams, but there are some Shitcoins that are outright scams. Many people lose a lot by investing in such coins, i.e. they lose all their money. Therefore, to invest, we should give Bitcoin the highest priority over other currencies, meaning we should invest the largest amount of money in Bitcoin.

E get plenty cryptocurrencies wey be scam, but no be everything, remember say coin fit no dey perform well no mean say na scam. I be bitcoin believer and i no dey too go near altcoins, but i no gree say all altcoins na scam, Monero na good example, na better privacy coin wey plenty people dey use, and there are other examples too.

Wetin you go talk be say most altcoins dey like pump and dump coins and dem dey very risky. If you no dey ready to gamble or take too much risk, e better say you just buy bitcoin, come hodl am for the long term.

Yea, despite that bitcoin is a high valued asset, it doesn't make all others to be scam. Among all the hundreds of scam altcoin projects, there were still many of them that yield thousands of dollars profit for smart investors that also discovered the project early and invested. While investing in other asset, just invest in the amount you can afford to lose. Apart from crypto space, we still have other profit generating investment.

So if I understand you well as E be now na only Bitcoin be better investment the remaining ones na scam?  Na your opinion but no be only Bitcoin be better investment, there are many coins that people invest in and also earn something out it, Bitcoin fit be the best among the rest coin but that doesn't mean that we fit dey spoil the remaining because say Bitcoin dey popular and everybody like to invest in Bitcoin than any other coin, invest na invest and if you invest in any better coin you will earn profit as far say you invest in a good coin.

No go think about how people take dey give advise say it is better to invest than Bitcoin than any other coin, they are also good but the reason why people mostly advise about Bitcoin is because Bitcoin is very understand than other ones and it won't look like a risky invest for you, you fit get money to invest in Bitcoin make another person no get and there will be a good coin wey be say if he invest he will earn better profit, so make we no too spoil another investment to make people know that they are not a scam.

Bitcoin is known to be the most valuable assets out there and it's trusted than any other coin out there, I can clearly direct people to invest in Bitcoin than any other coin out there because you can't trust other coins. Newly coin are the worst set of coins to invest on because you can't trust the project owners and what they have in mind or planned to do with the investors funds. There are some reputable coin in the market we can trust such as top 20s or above are more reliable.

E get anybody wey wan disagree with you do. Bitcoin na the father of all crypto, without Bitcoin, crypto no for get level and if to say Bitcoin no succeed, no altcoins for get investors self.

But no talk say every other thing na scam, just that they're not worth it for most of the crypto projects out there and for those wey worth am still hodling Bitcoin is better than them.

If you want short term profits na them you fit they follow but if you want a longer partnership that guarantees your future, na only Bitcoin fit run am for you.

Majority of the projects wey they trend now and they hot for everywhere like them trump memecoins so no go dey around tomorrow but Bitcoin belike air, e go dey althrough the existence of the industry. Anytime wey Bitcoin die, the industry done finish be that.

No need to direct anyone to invest in bitcoin, you can tell them about bitcoin and every other thing they need to understand like it's volatility, market fluctuations and all that then you can also teach them to have a basic knowledge about it then if they bring out their mind to invest, it will be good but let it be that they choose to invest on their own and not being led by anyone.

Sure newly introduced coins can be misleading to anyone who want to invest in them because most of them are scam projects that just want you to invest and before you know it, your money is gone and that is why it is better to invest in coins that have stayed for many years and has experienced growth since they were invented.


A coin being amongst the top 20 do not mean that they can be reliable, you have research thoroughly before you agree to invest in any coin.

My bro, I comment your love and passion for bitcoin but the way you tagged every other crypto assets way no be bitcoin as scam na watin way no too make sense for my eyes.

You no cap well for that aspect, every body with there different choices in life, watin Mr Ben like for instant no be watin Mr John go like. You can decide to invest in bitcoin base on your love and trust for it and succeed while other invest in any other crypto platform and still gain success as well.


My advice and little take on this matter is that, before starting up a topic make sure you review it properly, think about it well if it is making sense or not, so that you will not end up having issues instead of merit that you desire. Thank you

Since you know say everyone get their own opinion on a notional concept like this then you for make specific for other to understand am more because as e dey like na everything you dey refer am and not cryptocurrencies only. In philosophy there are some particular words we no dey use in public and "Every" na one of them. Everything means, all both  business and workers and bitcoin itself can't come out without businesses and jobs. If those things were not an existence, where you go think say, you go get money investment in bitcoin? Abi you hack people wallet? See there are some words you don't have to use in di public domain. You would have said in crypto community Bitcoin is the best and any other crypto is a scam. Simple as that.

Making statements such as this makes one to question the kind of educational system we have in today's society.

Saying that every other thing is a scam apart from Bitcoin, without "quoting" your statement shows your level of understanding.
Bitcoin is indeed the biggest currency in crypto so far, but your statement emphasized on EVERY OTHER THING.

EVERY OTHER THING in the meaning of your statement may also mean the food you eat, money in your aza, air you breath, etc.

When you make hypothetical statement such as this, try and put parenthesis to it, this would show that the speaker only know the intent of that statement, and then further analysis would expatiate the very meaning of the statement for proper understanding of the audience.

For an experienced person within the cryptocurrency  it is not anything out of our knowledge that most of the cryptocurrencies  that are finding their way into the exchanges are  scam projects with a plumber and dumb pre-emptive strike on investors. But for the OP having to generalize his statement is where and what is raising the questions.  Absolutely, there's no coin as bitcoin and there Is no rival. The crypto space nowadays has become so porous that the government seem to finding it difficult to completely have control of it and that's what has made cryptocurrencies scams to continue escalating.  So it's no wrong to refer to altcoins investment as gambling because the risk is just something similar

Need for a backup fund is important for long term Bitcoin because it allows you to keep it in line with real life such as if you lose your job for some reason or are sick or need money for other urgent needs then a backup fund will allow you to use your invested holdings. You can meet your emergency needs through a floating cash fund and at the same time continue to accumulation Bitcoin in the long term. This is a strategy to keep the capital of Bitcoin investment intact which will increase over time and accumulation Bitcoin regularly in each cycle.

You can start saving Bitcoin without a backup fund, and this is often the case for new investors. A backup fund is very important for the next long term cycle and front loading Bitcoin.


Surely! You should be aware of potential scams so that you can determine the strategy for saving valuable capital properly. To get a diversified and decent portfolio you should give more importance to Bitcoin accumulate and diversify it by choosing other currencies at the next level. To diversify the portfolio you should be experienced in the crypto market so that there is no possibility of losing most of your invested capital even in the midst of huge market fluctuations. Because most shitcoins have a price drop that is higher than expected in a short period of time.

From the image wey Op share, that statement na general statement and not specific on whether it's cryptocurrency alone or including other aspects of our life. However, since it mentioned Bitcoin we'll assume the speaker is specifically talking about cryptocurrency but whatever the case maybe, that is entirely wrong perspective.

I agree with you on this because our people especially, they normally believe a project or coin is a scam if the price is not going with their expectation. Once they see the price of a coin declining, they will assume it is scam which is not always the case. Quite alright, I believe there are plenty of scam altcoins out there but generalising them all as scam is very unfair. We all belive in Bitcoin but we can not target altcoins or discourage people from using it, at least they are aware of the risk involved in both.

Buddy you're are very right, Bitcoin is the best digital asset and if you look closely to my comments here in the forum, I don't compare Bitcoin with any shity things, Bitcoin doesn't have any trust issue, this innovation and technology was built on tust and the technology behind it which is blockchain technology does not allow any form of trust issue and again entity or institution control.
As someone that understands cryptocurrency (Bitcoin) you must be careful of new and over hyped coins just as you said, for me it has always been Bitcoin, I know people will say why am I always saying this, yea the question may be right but in reality I have reason for my decisions and my reason is the fact that I don't want to fall victim to what I already know that isn't trust worthy, so why making such a mistake, am still acumulating Bitcoin and at this stage I wouldn't want any form of distraction so I prefer to concentrate than to be distracted with something that may lead me to regret.

How do you define a scam?

Source: https://dictionary.cambridge.org/dictionary/english/scam

That's how scam define. Other coins are not scam literally, they just behave in a sort of way that they always interest of the team before anyone and that's the difference between them and Bitcoin. There is no foundation in Bitcoin while in altcoins, teams does have some coins as reserve, Bitcoin doesn't have team allocate, just mine and help secure the network but in altcoins there is team allocation and sometimes, they do hide some tokens in some other wallets to sell, lack of transparency. These things is why Bitcoin is better but that doesn't mean all altcoins are scam.

If you ask me which coins are scams, I will say meme coins. They are the worst of the worst I have seen in crypto but because it's been labeled as fun and play, people hide under that to carry out a lot of scams. A celebrity can launch one and sell the next day and call it a day. This is the worst thing we let exist in crypto but they love it anyways.

Well, there's no coin that moves on the same pace as Bitcoin but that doesn't make all of them a scam. Over the years some altcoins have appreciated in price even though they don't move in the same speed like Bitcoin. So I'm going to correct you on that statement, just because they are not like BTC doesn't make them a scam. Some memecoins have made a lot of people lose interest in crypto because they bought and expected to have some profit only for them to end up losing. I'd take it that they are just after making quick money. BTC to some seems to be an investment that takes a lot of time to pay off.

Exactly,what you said is very correct other shitcoins are scam to me,I have a friend who is into shit coins all he do everyday  is complain about one shitcoin he bought last year that the way the schitcoin is decreasing in price that he doesn't even understand,which I have told him before that he should invest in BTC, right now his regretting why he didn't invest in BTC when telling him.

By definition of what a scam is, I don't agree with you because there are several genuine cryptocurrency out there that have been around for many years and have even made many of their investors rich. To me scam is something design to steal people money so not every cryptocurrency was designed that way. How do you tell me that Ethereum that birthed the wonderful innovation of smart contract is a scam? DO you even know what you are saying? You may love bitcoin just like most of us do but please don't let such love blind your eyes to think that everything is scam except bitcoin.

Bitcoin may have its exceptional values and what differentiates it from other to be outstanding but that does not mean that every other thing is scam and cannot be trusted or used. Bitcoin is very volatile and has its own drawbacks too. Any person that despise bitcoin because of its drawbacks is right and can’t tolerate banking on those things and may call it a scam or whatsoever name he wishes to and he can justify himself. Bitcoin is for those that cherish and see the good in it, so people should learn how to appreciate and hype what they know most to favor them and then disregard calling others that are not in their interest scams or bad names.

I think when you want to discuss an issue we need to filter and understand our words before using them, because whatever thing we post goes publicly every one is watching,if you are not a fan of a particular thing does not make it useless.

,OP, you can't call everything a scam, because apart from Bitcoin there are many cryptocurrencies which are very popular and have a future. Not only Bitcoin has a future, but there are some high ranking popular coins which most people invest in along with Bitcoin. If you notice that apart from Bitcoin there are many other popular altcoins like Ethereum, BNB, Solana, XRP which are not scams then they are definitely good coins to invest in. So I think there are many other coins including Bitcoin which are good for the future and have good investors in them. But Bitcoin is the best project and its number of investors is the highest also most people believe in Bitcoin, and they believe in Bitcoin investment for long term.

Actually I don’t agree to the fact that everything is a scam!. Bitcoin has played its role so much over the years and still counting!!.actually when u take a deep look there are other productive cryptocurrency that are highly productive!!. The thing is very important for one to all do research before coming to a conclusion because u might never no which might be even more productive to you at a point!.

If you wan invest for any other coin outside bitcoin it is better we use little money so that if your money die for aza e no go too pain you because those coin no dey waste time crash but bitcoin no be like that as long as say you dey buy and you no dey sell.

Op your entitled to be correct your own way of view there is one saying that said that any direction one faced is a straight line to him who faced the line, I stand to be corrected in our society today using others example you can't just consider others things to be scam or fake because they didn't work the way the one you choose work, if you said Bitcoin is the most and reliable compared to others I will hundred percent align with you, everything has fake or scam it's through this you identify the original and rellied on it in my opinion it's best to say that Bitcoin is most reliable unlike others .

It would been more better if he had said Bitcoin is the more preferable Cryptocurrency when it comes to investment involving crypto currency, generalising that all coins asides crypto is a scam, maybe cause he invested wrongly in a Shitcoin or participated in an Airdrop that didn't meet his expectations, doesn't make any sense, their other Cryptocurrencies that are cool but should be threaded with caution since they're not used for long-term investment purpose like Bitcoin for instance ETH, BNB, SOL these are coin people could invest on for short-term profits just that you'll need to always monitor the market to know when to take profits but if you're looking for a coin that could make you wealthy in the future then Bitcoin is the most reliable for only investor can be patient.

Bitcoin is legit in the world but that doesn't mean that every other things are not also legit. Take real estate investment as example, it's a profitable business because it's also an investment, you buy a landed property and hold it for long term and maybe my then you sell them at a bigger rate. Bitcoin is uncontrollable based on its fluctuations mode not like the fiat currencies that's been controlled through the governments.

Exactly, if he said everything is a scam except bitcoin, it implies that other crypto are scams because bitcoin is also a coin, therefore I believe he is attempting to argue bitcoin is the best coin while claiming that all other coins are scams. If other coins did not favour you, it does not imply that they are all scams. Any coin that does not exist anymore is a fraud. Everyone knows that bitcoin is a legitimate currency, and anyone who invests in it and leaves it for a long time will undoubtedly profit from it, because it is a volatile coin, and he pumps unexpectedly, but if you are patient, you will succeed.

Other crypto coin are not like bitcoin, but some are not scams, they are just very risky because if you invest in them, you will lose your cash quickly, and he will not pump easily, he will take time to raise again, and if he drop instantly he will pump higher sometimes and many people will profit greatly. Is only that it's risky and bitcoin doesn't usually decrease, so he can reduce your risk without losing a lot of money, unlike other coins in which you invest and lose capital. We need to think dip before we say anything, since what you say matters. I don't think anyone will trust it because there are many coins that aren't scams like bitcoin.

you mean everything? i don't think this so!
recently, there are a lot of stable coins in the market that are not or close to been a scam. most of these coins have high volatility, which can fetch you a lot of returns on your invest. not all crypto currencies are scams, but you can say most crypto currencies are scam!

Buddy I think the op is trying to tell us that he doesn't believe in any shity thing in the name of altcoin or memcoim I think that's what he's trying to say, they may not be scam as we see them but there doings are like scam, mate how can you describe pump and dump coins? I think for me the best way to describe them is to call them scam coins, though our choices differs but whichever way there's is no way one can compare Bitcoin with altcoins, this Choice of a thing is the reason why people make mistakes, whats even choice, you mean individual preferences when it comes to making selection of what you want I terms of investment, bro I get you but this things are sometimes self deceit especially when we know what may likely happen at the end of the day,  yea no doubt some persons has been successful in those shity stuff but will they also tell us the losses they made before stumbling into one they made profit from that later dumped in which others lost too.

Bitcoin all the way, if not Bitcoin, I ain't doing those shity set of gambling stuffs that's likely to render me financially helpless.

First I will like to know this everything because when you said everything it means everything in the whole world reason because you are not specific about what you are pointing out but because this place na cryptocurrency world and with the knowledge wey I get, I want to be believe this everything you are talking about are memecoins and shitcoin and even though Bitcoin is genuine you can not say that everything is a scam because some people are using it to survive not only using they have survived and established themselves with it so it is not totally a scam.

This is not true.
Bitcoin is the best, it's miles ahead of every other coin, but that doesn't mean all the rest are scams.
I get your point and I know where you're coming from about other coins being scams, but it can't be all of them. The fact that an altcoin doesn't perform well doesn't mean it's a scam. There are altcoins out there that are very good, nowhere bitcoin but they're good.
Although I won't advise anybody to invest in any altcoin for the long term, there are reliable altcoins

Say what you have to say, the forum is open to different opinion from anyone but try not to force it on anyone.

Most users here came from knowing and gaining knowledge about altcoins before they became enthusiast and developed strong feeling towards Bitcoin investment.

I agree, you don't compare Bitcoin with any shitcoin, Bitcoin is the best on what we call "Tested and Trusted", anyone who has partnered with Bitcoin affair would pick Bitcoin over any altcoin or memecoin, credibility differs, trust and reliance to pump back after massive fall, talk about volatility giving wide range of price mark to make an entry not in haste but to those who takes interval (DCA).

OP this one wey you talk na you know o. Weting you done do for this life wey make you they bring this kind conclusion for this forum. Even big investors for Bitcoin never come out talk this kind thing na you wey no even get $100 invested in Bitcoin. Afterall everybody get the right to do weting dem wan do so air your opinion and weting your believe na him go work for you. But using the word scam to refer every other thing here they wrong.

Thinking every other innovation is scam apart from an obvious good one is you as an individual scamming yourself. Truth is, Bitcoin is good, and it's taking the lead in crypto currency industry, and there are other good projects coming up and would likely do well too and identifying them and investing the minimal amounts into it would possibly see you very rich when it performed well.

The mindset that every other things is a scam is possibly what made most doubters miss out to purchase Bitcoin during it's much early days when it was very cheap since they've obviously thought that everything apart from stocks and bonds are scam too.

Be open to innovations and do not forget to DYOR to be sure you're getting into something promising. There are other promising altcoins there in the crypto market, try to be an early adopter

No be everything way person see for internet them Dey believe o, I Dey talk like this via say, as that picture Dey now, person way just get small joy with Bitcoin go just get up and update any subject matter for the internet, so long as it’s not taken down, e don become truth to some people be that.
Well, you Dey free to believe anything way you want @OP but, make that one no make you think say, anything else na scam. People Dey into many things and are making good money from it for example; people way buy shares with companies, with banks, with Apple Inc, name them… then plenty. All that na legit something for these persons o. Igbo man way Dey do in business, Aboki way Dey sell en suya and many other things out there, the farming industry too.

Just calm down, legit things plenty but for the now, we Dey enjoy the Bitcoin network so, no Dey carried away.

I can't agree to this, because you generalized it not only to cryptocurrencies, but to every other investments as scam which is very wrong, for the fact that am a strong supporter of BTC doesn't mean I we condemn every other coins and  other investments.
just as we all know not every coin is real some are scam same goes to investment some are real while some are scam, but calling everything scam apart from BTC is what I can't concur to, so correct that impression.

When comes to cryptocurrency bitcoin is indeed the best to invest in especially when you are going for long term, though m, but when it comes to investment in general bitcoin is still among the best , but still there are some things at there you can also invest on that will give you some nice ROI like we have agriculture , there’s many branch in agriculture you can invest on , even in some other businesses at there, but one beauty about bitcoin is for everyone so you can even start without having much funds.

Not every coins are scam, that is why you have to do analysis before investing in any coin. some traders make money from Altcoins than Bitcoin. its all about your choice, Bitcoin is the best for a long hodling, if you want to be rich in crypto world. That's doesn't make others coin useless or scam. Bitcoin is very much expensive to buy for beginners trader, the only hope are altcoins that have potential to dump with good market cap.

Bitcoin was once described  to be scam project, today everyone wants to buy Bitcoin. Is just a general trust issues for digital assets, no matter the negative projection about altcoins people are still making life out of it. regardless have some quality of Altcoins in your portfolio.

you can consider other crypto as scam apart from Bitcoin.
 Always thoroughly research any cryptocurrency before investing, including its technology, team, and potential risks. It's is easy to make a passive income from crypto if you are an expact trader. the top contenders for the best crypto to buy now Example;dogecoin(DOGE)
 and fake coins icnlud; Digi Coins is one of the scam coin you should not think of investing your money.

I'm not a fan to other cryptocurrencies but I don't think it makes any sense to just generalised altcoins to be scam . I know there are lots of altcoins in the market but their also few good altcoins that one can also invest. What I can say is thst if one is having interest to invest altcoins they need to be very careful because if you rush into altcoins investment without making a proper research it is very easy to end up with one that is scam. Because of the risk of scam in altcoins that is why people always prefer to go for bitcoin because it is more readable to invest.

It's clear that you have a strong preference for Bitcoin and saying it is the greatest of all time is undeniably true, but that doesn't mean that other coins aren't goated too. I have seen a lot of people invest in other coins and make it big, even Bitcoin was said to be a scam/fraud and has faced criticism just the same way you are doing to other coins but today it has shown it's unique value, and has perserved and grown in adoption, legitimacy over time.