Bitcoin Forum

Let me  just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.

I don't know the future but as for now Bitcoin is the best investment ever, Bitcoin is an investment that can help people when it comes to saving money and after saving you will get more than what you save at the end, we have seen many investments but Bitcoin is different from them, Bitcoin is an investment that is very good and strength forward, although it is also unpredicted investment it is very difficult to see investors panicking about Bitcoin that they lost their money when they invest in Bitcoin, the only time you see someone Panicing about Bitcoin is when the person didn't hold for a good time.

I didn't see Bitcoin as only investment, I see Bitcoin as another way of changing your future if you are capable because you have to be capable of investing in Bitcoin, you can invest in other coins and doubt if the future is going to be good or not but when it comes to Bitcoin you don't need to doubt because at any time Bitcoin price can rise and you can get 4 to 5 times of what you invest in Bitcoin.

All the people quick to claim that Bitcoin remains their number one choice will not decline or turn away from an opportunity to invest in any new token or altcoin that has the hype of many people. People claim love for bitcoins, but sometimes e dey be me like say na for only mouth people get this love. Bitcoin na the best for the now, but man still keep e mind open for new opportunities wey fit come from other sectors. Crytocurrency na wide place, as far as bitcoin dey trusted, nor be the only opportunity wey dey inside.

As funny as it sounds, most of these guys in this forum that is an advocate of Bitcoin, guys that knows how risky investment in alt and meme coin are, are still investing heavily on alt and meme coin due to greed of 10x to 100x, sometimes I really don't blame them because the condition of the country's economy has made people to be impatient, they just want to make money quick and sort out some pressing financial needs, which most times they get into a very tight Conner when investing in these alt and meme coin, but as for me, due to the kind of breakfast that I have eaten from alt and meme coin, I wouldn't be stupid enough to make such mistake again, it's either Bitcoin or nothing, I am not interested in taking any risk again on alt or meme coin.

Bitcoin is a highly volatile coin however it volatility those not stop it from growing, if you check the history of Bitcoin you will discover that volatility has been part of Bitcoin for a very long time and it has not been a problem to it, some set of people they don't understand this especially newbies into Bitcoin investment when ever they see a dip in Bitcoin they begin to panic and that is because they don't know the history of Bitcoin investment and that is why is very important to know the history of what ever thing you want to go into, I know of someone who was accumulating Bitcoin and holding and he had a plan of holding it for years however there was a great dip that happened in Bitcoin he became so scared and sold all his Bitcoin, we all should know and understand that volatility is part of Bitcoin and it's those not stop Bitcoin from growing, shitcoins should be avoided because shitcoins when they dip it remains like that and some will keep going down, volatility affect shitcoins very well but not Bitcoin as an investor when ever there's a dip in Bitcoin is an opportunity for you to accumulate more Bitcoin with less price.

Despite the fact that bitcoin's price is volatile, it has shown promise. Even when the value drops, it will eventually rise, and traders see this dip as an opportunity to buy more bitcoin and hodl. Most traders are more comfortable storing bitcoin than storing altcoins.

I don't know what to make of this post but the truth is that Bitcoin is the pioneer cryptocurrency and have remained an upward trend with minor corrections once in a while. Volatility is not only reserved for Bitcoin because everything that has buying and selling is volatile because of speculators. If you think Bitcoin is volatile, that is because you have not tried trading some memcoins that can move thousands of pips within an hour and God help you if you find yourself in the wrong side of the market.

The research on the background of the first launch of Bitcoin is that Satoshi discovered it in 2009 and he is one of the most successful entrepreneurs in the world. It was a direct response to the financial crisis in 2008, which was to provide independent financial capabilities to people of any income against a centralized financial system. Designed for daily transactions it has actually become an investment vehicle.

Although Bitcoin initially had little value, over time it has become a store of value and small investors are getting ownership through fractional purchases and holding it in stages, positioning themselves in the ranks of wealthy investors. You may not get much benefit from it through short-term trading. To be a successful investor you have to try to get a portfolio through long-term accumulation.

You said about the supply of Bitcoin I think its price tends to increase day by day due to its limited supply in the world. And small investors like us have the opportunity to make financial efforts and increase wealth in the future.

It can make you more knowledgeable about Bitcoin: https://crypto.com/bitcoin/why-was-bitcoin-created

Undoubtedly Bitcoin is still one of the best choices one can make when it comes to investments because Bitcoin as a crypto currency has really become a house own name due to the fact that it has really helped a lot of people getting a stable financial life as investments in Bitcoin is one of the best in terms of cashout due to it fast growth rate if there is anything that one should prioritize them it should be Bitcoin because the future of Bitcoin holds promise for any that hodls it as an asset

Base on the volatile history of bitcoin we came to understand that, bitcoin is a volatile asset by nature, which a decrease in price must surely take place, so as an investor who understand that bitcoin is one of best investment right now and holding unto your bitcoin for a long period of time we be more profitable, then I don't see any reason to panic when a dip accure in bitcoin price, because a dip in bitcoin can never stop bitcoin from growing, just keep on accumulating bitcoin and hold and forget about the dip.

Almost every commodity on the market does have that chopy pattern on the charts as the market never moves a straight up or all straight down so it's not seen with bitcoin alone but even with other market form.

you cant entirely blame most of them because most of them are usually newbies that don't know much about the system and often times mistake everything in the crypto space to be of the same nature as bitcoin which is the reason why they choose to go into some meme coin and even make the mistake of holding it for the long term.

those kind of mistakes na normal thing when a lot of people don make but wetin de be say when you don get enough knowledge when the forum be one good place to gather that kind level of knowledge, you fit stick to bitcoin and flee from any other thing that stands to land you for losses. all crypto de volatile and of them all, na bitcoin be the less volatile when in the long run tend to only go towards the upward direction rather than going down. that makes it the best option when any investor need consider to buy into.

I can agree that Bitcoin is volatile considering it's adoption rate, and the number of traders constantly active to trade on a daily base. But not as volatile as some of these shitty coins we've today that can turn into dust in a blink of an eye. Bitcoin has a very crazy supply and demand rate, which keeps helping it to create more liquidity. Even Bitcoin's market cap compared to the others has a very strong margin, so even to the least investor has nothing much to fear, compare to when he/she invest in some meme.

And you pointed out that investors use Bitcoin as a store of value. Well, it kind of fit that description, but is Bitcoin actually a store of value?. From what I know, anything with store of value is something that can retain it's worth or purchasing power over time, but Bitcoin happens to beat that description, as it doesn't only retain it's value, but it also increase in value as well. Another phrase might just sound cool, rather than the "store of value".

Bitcoin na the main cryptocurrency wey you go invest into and you no go too dey fear say your investment go fail. Na long time investment and for many years e don prove himself to be the worthy investment wey people go fit diverge into as far as the cryptocurrency industry is concerned. I have longed seen how the bitcoin market dey work and how e take they transgress along the price chart and e don already prove itself to be the best among all other investment for cryptocurrency. Other altcoins dey wey dey volatile too, but none of them fit compete for where bitcoin dey in term of people dey use, store and trust am for their investment purposes.


You are right and the OP is also right in his description of what bitcoin is today. As a store of value, it retains a lot of worthiness for it in the long term while still experiencing volatility which makes the price to increase and sometime decrease. But ultimately, despite the volatility nature of the market that bitcoin faces, it increment as a store of value due win in the end which is most important.

Tell me why person no go love Bitcoin pass any other cryptocurrencies? Yes, i know say some new projects they come with lots of opportunities for instance Trump coin, when eh been lunch but currently, how far? Shitcoins no be wetin person supposed put hope on cause same wey dem dey pump high (20x, 30x, 40x, 100x 1000x) na so them dey carry dump too so eh they very risky and people supposed thread them with caution. Bitcoin na the only coin wey person fit invest heavily on without regretting, person no gats dey monitor the market everytime to know when to stop lose or collect profits, just to buy am alone, them hold for long period, you dey sure of making profits, now tell me why person no go love that kind coin pass others wey you fit buy now then lose everything within days or weeks time. Although some people just dey cap concerning their love for Bitcoin yet dem no dey invest or hold but then Bitcoin still remain the best coin wey anybody fit put body inside.

Bitcoin has always and will remain the choice of everyone, in as much as it is safe, decentralized, volatile and secure , Bitcoin has saved a lot of countries from financial freedom and poverty, if not many countries would have being living below standard of livelihood.

I would say that the volatility of Bitcoin is the main reason for the interest in Bitcoin. If Bitcoin were not volatile, how would people's investment demand for Bitcoin increase? Bitcoin has become the main reason for everyone's interest today because of its volatility. Everyone wants to profit. Where there is an opportunity for profit, some people will definitely flock there.

Today, Bitcoin is not only limited to the individual level. Institutional investors are very keen to invest here, and governments have also chosen Bitcoin as a means to get rich. Major countries in the world, including America, El Salvador are now looking at Bitcoin as their major investment. Moreover, has the constant increase in the price of Bitcoin discouraged people from investing? it made Bitcoin even more valuable.

Small and ordinary investors who do not have a long-term plan may be harmed by Bitcoin investment, but those who have set a goal and only increase their investment in Bitcoin and hold Bitcoin for the long term will definitely benefit more from Bitcoin.

There are many who want to take risks, many of them are interested in investing in various cryptocurrencies, but cryptocurrencies can give big returns at any time, as well as disappear from the market at any time. Therefore, when investing, you should definitely consider investing.

You are absolutely correct that is the real truth about it, because due to the country condition have really Make most people to go into quick money making, they don't want to exercise patience any more they always like quick gain without realizing the risk involved in them. they always see Bitcoin investment as a long term process without noing that is far better than any other cryptocurrency. However, I think it's essential for us to go for right investment instead of putting ourself in a tight Conner is better we have patience and go for long term investment.

As far as digital currency is concerned bitcoin will always be the best to consider as a store of value because of its reliability and valuability. People may want to try other cryptocurrencies to invest to have profit but I think it will be very risky if other cryptocurrencies can be considered as a store of value. Bitcoin remains the best to have as an investment and to stick to it because it has the best qualities compare to other cryptocurrencies.  Looking back to the past and and the present is enough to show why bitcoin remains the best.

I don't even want to blame them about them choosing bitcoin has there number one and no one is even expecting bitcoin to be choosen everywhere and that is exactly what is happening it started from nothing but continues to grow every blessed day and when you know how to manage your business it makes things more easy and there is no way that you will invest and you will not make money it is not even possible.

And to keep a safe space investment it is better than just focusing on altcoins and it is not even an option when it comes to altcoins investment you are not even sure of what is going to happen and the hype is usually to much so it is better to just do your thing with bitcoin.

And that way your worries should even be less because bitcoin is one of the most secured investment you can venture into very safe only thing you will deal with ia volatility.

You don check out the trading history of Ethereum and see say na the best among altcoins, why people no talk about this one, I no say Bitcoin na the baba but the way people too talk about am con be like say any other ones no dey promising. In fact, if you check well eh, people life don change because of altcoin especially Solana, BNB and Ethereum wey be top leading ones cos them acquiring them in bigger quantities results to bigger profits.

If you no get big funds, e go hard for person to get better profits from Bitcoin sef cos the price don too high, you wey get small money no old before you get better profits from Bitcoin, I no dey preach bad against am but saying my opinion.

Op it show that you have been doing your research but you need to use space after your comma to improve your presentation. Back to the main gist. Since I discover about the principles of demand and supply say e dey applicable to bitcoin i just make up my mind say this coin never even reach half of the highest highs and na opportunity for me to start to dey involved so that I go fit benefit from am. Normally many person don already dey enthusiastic about bitcoin but some of them dey experience limitation from their government,  just like wattin our government dey try to do to us but dome of them worse pass wattin we dey experience for this side however the more people dey find out about am dey buy, the more the coindey sky rocket in price, so bitcoin never even reach anywhere sef more persons are yet to start holding.

Bitcoin unstable is not a new thing, it was unstable from the beginning of Bitcoin. One thing you need to keep in mind is that people have more importance to review or criticism in the market because Bitcoin has gained a popularity in a very short timeThe feature is its unstable market systemIn the context of Bitcoin trading and its unstable market, you say, in this case, I think trade is the ones who usually save Bitcoin for a high price in a short time. They are always worried about market instability, especially most traders Bitcoin will always be unstableIt is widely recognized . but you can save the Bitcoin DCA system for a long time to get rid of this instability. In this way you can earn a very good money after conservation of your Bitcoin from the instability of the market.

Bitcoin is a digital currency. To invest in Bitcoin, you first need to know everything about Bitcoin. I think you should invest after reading it. There are some new investors who invest without having enough knowledge about Bitcoin. When the value of Bitcoin decreases, they can become unstable. The Bitcoin or digital currency or cryptocurrency market is always unstable. In the case of Bitcoin investment, try to invest slowly instead of short-term investments.

In the case of Bitcoin investment, always try to invest long-term, keep an eye on 6 to 10 years. The risk of long-term investment is much lower. The risk of short-term investment or trade is much higher. Always refrain from short-term investments.

You're correct mate, bitcoin investment tends to profit more of the long term holder than short term trader who just buys the dip and sell when they encounter some profits. Well from their analysis the price of bitcoin could go to the opposite direction thus leading them to more losses and when they are not patient enough they might sell and loss their money whereas they can just making consistent deposits using any strategy that suits them and relax while the market do its things and arrive at a state of profits for long term. No matter how small you start in the long run you'll definitely experience some profits without necessarily making any analysis or bordering yourself what happens next in the market.

Do you know you have made a good choice op? Yes, making BTC your choice show that you have learned so many things about BTC and other cryptocurrencies to agreed that BTC is the best asset for people to have with their other assets. BTC was the first cryptocurrency in the industry to draw the attention of the buyers and sellers for other people to know what people can earn from BTC in the bull run and bear run, which are the most favourable season many buyers and sellers use to take advantage.

I have made up my choice some years back, that I will be investing amount of money on BTC while I will invest little on altcoins in case I have emergency matter to solve with money, it will be easy for me to sell altcoins to solve the situation without touching my BTC.

Bitcoin na king, nobody dey drag am. Sometimes we need to use our head as we dey invest into am, we no need treat every other altcoins like say em no get future because some of them go still try do well small. The Koko be make we reduce the kind money wey we dey use buy them, so that if them no really do well, we no go dey chop plenty breakfast like you mentioned.

Truth be say people wey be early adopters for Bitcoin na them make the real money and then they even invest no much, so some of these altcoins projects, just treat am like say na gambling you dey, put very little money inside am, maybe e go fit convert for you, maybe not, but at least no ignore them fully. Invest into Bitcoin separately periodically, and if you see these fine new projects, try throw small thing into am, nobody knows tomorrow.

I agree with your opinion and say that Bitcoin is a volatile digital currency. From 2008 to 2025, Bitcoin has experienced many ups and downs in these 16-17 years. Bitcoin is much more volatile than all the recognized or traditional assets in the world. Although its volatility makes it risky, it has repeatedly proven that it is a strong asset in the long term. That is why it has attracted the attention of the world's largest companies and many people around the world. Large organizations like Microstrategy, Tesla, PayPal have accepted Bitcoin today.

The price of Bitcoin first increased in 2010. At that time, its price was 0.003 dollars. Bitcoin first reached one dollar in 2011, and then over time, the price of that Bitcoin increased, decreased, and increased again. In this way, it fluctuated and reached 98 thousand 323 dollars in 2025.

In the beginning, most people had no idea about its future, which is why many people sold Bitcoin for water. One such person is Laszlo Hanien. Everyone who is associated with Bitcoin has heard of his name. He bought only 2 pizzas with 10,000 BTC in 2010. Which is known to us as "Bitcoin Pizza Day".

I know that without Bitcoin, the era of cryptocurrency would be toppled and a new currency would be introduced but that is a story for another day because it is much more valuable despite its volatile nature and that it assures one will get wealthy from investing in Bitcoin by saving it for a long period of time and not by trading it or using it for meager transactions that other coins can do, is a big take away point for me and why I prefer to invest in Bitcoin anyday rather than just another coin which could be profitable this minute and crash the next.

Actually alot of people always consider bitcoin being their first choice in terms of crypto investment, meanwhile they don't even invest in it. However anyone who is considering bitcoin as his/her first choice of investment should ensure that he is investing in it. Because most people always say this just to feel among, moreover doing this won't be of any value to us. So we shouldn't be busy for nothing.

Obviously bitcoin still remains everyone's first choice of investment, anyone who is considering any other coin to be his first choice of investment, I think the person is on it's own.

I agree with you man, many individuals dey claim say Bitcoin will remains their first choice but I have the feeling that some people are just using that to make mouth, make dem see say dey also dey among those wey get trust in Bitcoin well well, but if they see any other altcoin wey people hype that better money dey comot if people invest, I believe some of them will be among those people wey go rush invest their money. However, several opportunities dey cryptocurrency, but Bitcoin don increased its being popular; even if you try to teach someone about cryptocurrency, they will first mention Bitcoin because e dey secure and trusted.

Furthermore, a lots of individuals prefer Bitcoin since they don tired of altcoins that cause them to lose money. Despite the fact that Bitcoin's price moves around, it is going to keep rising no matter how low it dips.

I think not many but real investors consider Bitcoin as their first choice in terms of investment. You should always remember that investment should be made in a place that will benefit you after a long time. If you invest in any possible company / buy shares of the company, you will get a good profit after a long time. I think all investors invest with such a goal. If you think about this, Bitcoin is also an asset that will benefit you after a long time. If you are a short-term investor or trader, you may get scared by the market conditions, due to which you will make your own losses. In this case, do not waste your time and money on any other coin and bring yourself on the right path.

the story is clear, bitcoin now the baba of all the cryptocurrencies. bitcoin has a store of value which alot of people all over the world has profited from bitcoin, either by trading or by investing, considering bitcoin as your choice of investment is a very wise decision, but you have to invest with what you can afford to lose in bitcoin, because of it Volatility.

Accumulation Bitcoin from discretionary income and you will benefit financially in the future. Buy Bitcoin for that amount you can lose (possibly). This is the message that most investors on the forum promote. This statement makes it seem like there is a lot of risk involved, but Bitcoin is a store of potential value. Every investment has risks. Do you need to promote yourself separately when it comes to Bitcoin? You can't imagine an investment that doesn't have the potential for risk. Bitcoin has seen huge price increases in just a few years. The price will increase incredibly in the future due to limited supply and increasing demand.

Yes of course Bitcoin remains the excellent digital asset one can think of to invest in, Bitcoin has given it's trust to the extent that many people now understands its potentials in the financial market in general, I think anyone having in mind to invest in altcoins is doing that to hisnor her own detriment, it's even funny for someone to consider things base on stuffs that may not be actualized, Bitcoin has been here and with its performance overtime, it has given bitcoiners greay hope that it is not only futuristic but also has come to stay, let's think Bitcoin, kets think the future, it not for anything the current price of Bitcoin should be a hope that we got a future with Bitcoin, for us to tap from this futuristc asset, we must start doing the needful from somewhere and persevere to achieve our set goal.

Yes but due to the fact that it has not been adopted globally makes it difficult to transact with it as we normally use Fiats to to exchange with anything we need but in due time when bitcoin will gain full adoption, it will stand for its purpose as decentralized medium of transacting with one another. Though some countries like El Salvador that has made it a legal tender still uses it for daily transactions but it's literally and mostly for internal transactions within the country but if it gets approved by the US government as strategic reserve asset, countries can possibly use it for international transactions.

In my opinion, Bitcoin will be considered a historical currency at some point, because I have never seen any coin increase in value so much before, recently the value of Bitcoin has become so high that even those who used to trade are now trying to invest for a long time. The reason why Bitcoin has such a high value as a cryptocurrency asset is that Bitcoin is limited to 21 million. To deal with the volatility of Bitcoin, the investor must have the ability to think long-term. The more you read about Bitcoin, the more you will be interested in investing. Bitcoin can be considered the best place to save. Because if you save your money in a bank, you will not get as much profit as you get from Bitcoin. Bitcoin can also be called a volatile asset and a profitable asset.

Bitcoin is always the first choice when it comes to crypto investments because it is the only coin that always reduces your risk compared to other coins. If you have studied cryptocurrency, you will know that Bitcoin is the best to invest in and get a better profit in the long run when the market goes well. You can get profit on other shicoins, but they are very risky and you can lose your funds immediately if they fail, because they are unpredictable and you never know when they will increase or decrease, but if you are a risk taker, you can learn more about other coins and invest and profit. However, no one will encourage you to invest in shicoin unless you want to lose money And telling you to risk. but when you are familiar with crypto you will definitely know which type of coin you will deal with.

My opinion is that if you do not like risk, you should stick with bitcoin and invest for the long term, and you will profit from it. However, if you are experienced with cryptocurrency, you will know what to do because it is beneficial to have many experiences rather than focusing solely on one coin. However, it depends on how you operate in the cryptocurrency market.

Bitcoin is still the best crypto assets that anyone could have because over time it has been seen that Bitcoin has really shown consistency in the way it has performed in the crypto community, Bitcoin is the only crypto asset that has the highest growth rate due to the fact that it grows over time and is the best crypto currency in terms of generating profits for your investment.

When you say Bitcoin is difficult to trade due to volatility what you need to know is that everything you are doing you should have a sufficient level of knowledge about it because the fact is that when it comes to losses in trading most of the people complaining has little or no experience in trading that is why they record lose.

Bitcoin over the years have proved profitability not just to large holders(whales)  but to small holders also. One of the reason I love bitcoin, you can actually invest at your own convenience and capacity and still make profits. But most holders aren't  patient enough to hold bitcoin for long, however they find themselves  making short term trade which is more risky and can also lead to drastic loses because of its high volatility, which is also the reason for the price increament. It's  safer to invest in bitcoin than diversifying your funds to some shitcoins which may not guarantee profit, or end up being normal as a shit project just as the name implies.

Long-term involvement remains the best if you're into Bitcoin, from the history of profitability, you can see clearly that those who held their investment from 7 to 10 years ago or more are in great profits compared to those who sold much of their holdings too soon.

Most people wished they've held for long, but they missed out. Investors needs to learn from the past mistakes made by earlier Bitcoin traders and keep holding into their investment for greater gains in the long-run.

The terms of Bitcoin say that it is a long-term investment, to invest in Bitcoin for a long time you must follow some rules and regulations. Yes, many people sell Bitcoin after a few days of investing in Bitcoin for a long time due to economic stress or market volatility. If you can create specific funds for each case, one for your daily running fund and one for any natural disaster and a long-term reserve fund that helps in saving Bitcoin. If you can plan your life cycle in this way, you can safely hold Bitcoin for 2 to 3 cycles.

The safety of investing in Bitcoin ahead of any other coin isn't debatable because history  and market values have proven that there's no other safer crypto coin to invest in apart from Bitcoin. Bitcoin volatility is lower than any other coin in crypto market, the future values also shows that Bitcoin is a stronger investment option for any investor. Unless you're a crypto trader that prefers short term investments to long term, then you can be advised to study the market and invest in few altcoins than have a high future return value but if you're a long term investor, Bitcoin is not just the safest but also the most profitable coin you should invest in.

In as much we want Bitcoin to succeed, we have to put in mind that it is not possible to have the global adoption just like Fiat, one thing for sure in major centers as times goes on it will become a conversant currency for transaction. Bitcoin doesn't need a legal approval from the government, as long there is no ban every individual both in their business can adopt the use of Bitcoin as a measure of payment, that's how advanced the system is becoming.

With popular currencies, states will be putt extra pressure on reserves future, making it more motivating for you to buy Bitcoin. Fiat is a state-owned financial system. States can impose control over it as they wish. Bitcoin decentralized system cannot be controlled by any individual or institution. The fact that it does not have excess circulation like fiat is increasing its acceptance. Many people are avoiding the distinction between Bitcoin and gold and are holding.

Tell me what I don't know about Bitcoin @OP, because everything you have said is exactly the things we have seen in Bitcoin, you are correct these are the attributes of Bitcoin and I was expecting a speech that tells us how Bitcoin has remained your choice even though of its volatility nature at the end paragraph of this thread. However, you have made a pretty good observation and research on the history of Bitcoin as a newbie.

Bitcoin is volatile just like every other coin and token out their infact its even more volatile than some Altcoins out their same way that some are also more volatile than Bitcoin, what makes it different is the fact that it can recover from every fall that it experience it have overcome a lot and have proven its self over the years which have made people to have trust on it, not like some other coins which if they fall today you can’t predict when next they will see green market again.

Bitcoin remain the choice for almost all crypto holders. Just that some people put their money on altcoin because of the huge profit they think they could achieve if the altcoin later do well.  Although Bitcoin price remain high and can't give you even 5x as some may expected but it much more better as their is always a chance to recover after great dip.

The reason why some people fall victim of rugpull is because of their desire to buy coins that can give them 5X and above in a short period of time and believe me their are lot of such project being promoted on the internet which most of them are just pump and dump token, it’s not as if bitcoin can make X5 but it will take years before we can reach that level because of the price we are already such height might be considered very expensive to be reached on a short period.

In the case of long-term holding or Bitcoin investment, the most important thing is basic knowledge about Bitcoin and a stable income. If you do not have a stable source of income, you may withdraw from the investment after a few days. By adopting the DCA method, you can buy or deposit Bitcoin continuously. And always try to keep the investment period to 3 to 4 circles. Because the risk in long-term investment is much less than in short-term investment. And short-term investors become restless after seeing the market volatility and they sell their invested money even if they lose. In the case of long-term investment, you do not have to worry about market volatility. Buy Bitcoin continuously and when you feel that you have deposited enough Bitcoin, then wait until your time limit ends.

As soon as you invest or purchase Bitcoin, you need to create an emergency fund or a reserve fund. Because you will be investing for the long term, you need to create an emergency fund, a reserve fund, to deal with unexpected disasters. So that you do not have to sell your invested money during a financial crisis.

I agree with your conclusion that bitcoin has the highest adoption scalabilities in the crypto space.
We can get this traced by their historical performances, future promises practically their potentials.
In a clear virtue, the quality that has made bitcoin standout against other coins is it capabilities to perform valuable growths for users utilities and also it enhancements financial securities and sticking to the the basic interests of decentralizations making the crypto blockchains unique and more convenient for users when compared with the centralized economy commodities.
Here're certain evaluations that scaled bitcoin ahead other coins;
1, The infrastructure of growth potentials.
2, Network enhancement indicates adoption attractions.
3, Resistance of censorship and centralizations.
4, Induction of layer 2 solution on it blockchain network.

For someone who was once a newbie, I totally understand the excitement of learning new things about Bitcoin and running to the forum to share them without considering the fact that what you just learnt is already known by over 90% of members here. The OP obviously didn't know about these things but maybe later got to know them and instead of telling us why Bitcoin still remain his choice, he/she decided to tell us about the basic introduction of Bitcoin.

I commend his courage to put up something like this but OP, of you're seeing this, I'll strongly advise that you use the search button to search for topics you intend to create here so you don't repeat already discussed topics.

Guy you just finish work with this cappins, no be lie. Because with how people the talk about how bitcoin be the surest plug for cryptocurrency investment we still the hear say people the get nuked by some of these pump and dump projects. So nah which people actually the buy into these wrong projects nah if we all the sing this good songs about bitcoin?

See this $trump token wey ruin plenty investors their funds, I still believe say plenty bitcoin investors gat pull out their portfolio or part of it to use am go invest for that $trump token wey later dump on them. People just want get rich quick even though they know the risk involved the human greed in us no just fit allow us not to take the risk therein.

You dey forget say people get choice to make, the fact say you dey hear news hear and there about how people lose for pump and dump no mean say eh no get people wet dey hold bitcoin omo no reason am oo for the crypto space them gey ignorant people, newbies wey get idea but no too understand and also knowledgeable peope wey dey greedy na those greedy ones pain me pass cause dey go know say a particular coin na pump and dump but go still carry heavy money go invest inside. Some go even go to the extend of Selling their bitcoin to invest on shitcoins all those na wrong stuffs. If person wan invest in Shitcoin you no suppose carry heavy money put inside or even hold am fir long, once you make profits take am immediately. However Bitcoin still remain the best choice of investment and anybody wey still doubt am, na their choice to invest in others wey dem feel say go give them much profits.

There is no hidden facts beyond your analysis by odohu stating the nature and character of meme coin, altcoin in the market the volatile is a general characteristics to every market that demand and supply can impact on mostly when prediction is inevitable. Bitcoin has stand a better chance of always recovery even when the down trend seem unbearable for beginners who never understand the nature of the system because most complain about the volatile nature is mostly debate by newbies who experience and knowledge has not deeply understand how it works.

They run after coin that they think will do 5x in a short period of time but end up losing their money. It is far better to invest and wait for some year than losing money on fake projects. This days projects are over-hyped to trap newbies so they can invest.

Many people invest in Mim Coin or Sitcoin. The reason is that when all these coins are launched in the market, we all see that in one day the price has increased by 100 times to 200 times. Many people invest in Sitcoin or Mim Coin after seeing the increase in price. But in a few days they lose all their money. Because all these coins have no value (undefined market).

This is how shitcoins lure new investors. To buy more and take away capital. Over time, they lose a lot of money before they develop the ability to understand the mistakes of those investors and eventually lose a huge amount of money. There are many examples of people who have lost their money in shitcoins due to the greed for high profits and regretted their actions.

What you should focus on in your market analysis is to choose the best coins with a volatile market that you have high confidence in and save an amount that is part of your discretionary income. It is also recommended for investors to start with small amounts and gradually accumulate more aggressively as they gain experience. I recommend you to accumulation Bitcoin. Reliable investments are more positive than uncertain markets.

The coin has show reliability in its potentials so definitely it will be an investors first choice, if you look at its past performance you will understand that it has no plans of going against the present trend, over the years bitcoin has been in an up trend but so has gold also, but why do people still choose to invest in bitcoin over gold, its because bitcoin has shown consistency in its productivity and is more easy in terms of prediction, although investing in bitcoin is more financially accessible than gold that could be a reason also. but nevertheless bitcoin has shown dominance over other stocks and coins in terms of reliability so definitely bitcoin will surely be my first choice.

When something becomes too good it has no hidden place anymore, causing the rapid wider spread adoption, the inclination about digital investment simplicity, Bitcoin has it all covered, most ignorant people who fails to recognize the true potentials of Bitcoin are those who are unwilling to learn new things, yeah there are those who are tied on an old technology rather than trying new ones even when the opportunity is at there door steps. However let the testimony keep speaking for itself as many will realize and regret on the later on, for me Bitcoin is still my best.

If to sey Satoshi dey alive, e for good to know how him go feel to know dat d purpose wey dem take create Bitcoin just as a currency only nor too dey like dat dis day. Many people even see Bitcoin as as asset like land and properties wey dem dey buy and keep to appreciate in value b4 dem sell am. And na so me too dey see Bitcoin. Anybodi wey wan disagree nor wan tell himself d truth be dat.

For those of us wey dey into investment, Bitcoin remains a main choice. But for those wey dey trade, any crypto na choice to take make money.

Normally. Among all the cryptocurrencies, there is a coin to invest in and have peace of mind, like Bitcoin. It is the only coin you will invest in and have peace, and over some period of time, you get your money back with profit. Although some people don’t like how long it takes to get profit from Bitcoin investment, especially the newbies.

But I don’t blame them; this is because they don’t understand the market well, but someone who understands Bitcoin and knows how Bitcoin takes off will understand that the future of Bitcoin is already bright. We are just seeing more success of Bitcoin in the future. Let’s keep choosing Bitcoin; it remains the best coin .

Anyone who has knowledge about crypto knows very well what Bitcoin really is. Bitcoin is the best and the best currency, Bitcoin is not like other currency or other currencies are not like Bitcoin, Bitcoin is one and the best. Although there is a lot of short-term volatility in the market, but it is proven that Bitcoin is valuable in the long term, moreover, Bitcoin is gaining much more popularity from every aspect, the acceptance of Bitcoin among governments, institutions, and the general public is increasing very rapidly, and its acceptance is constantly increasing. Therefore, those who can hold Bitcoin for the future will definitely enjoy the real benefits of Bitcoin in the future.