Bitcoin Forum

The way I see it, all bullshit token and coin abandons are done for this one reason; they only have one purpose which I will explain better...
We saw Luna and FTT are made for a reason which is to support those companies themselves, the day these companies drop their token or their currency will drop too.

That's why for me bitcoin is perfection because this previous one is multipurpose and its foundation is to avoid intermediaries there are no companies managing it, we will not be able to match satoshi due to the price drop(thats a clever move for him to stay behind the scenes).

Because we know that satoshi does not depend on a company to reinforce bitcoin.
And with this I finish all the currencies are a scam(meaning that the price can disappear) for me, personally  the legit ones they are btc and tether.

What do you think?

You have your own point of view and I respect that.  I agree on what you said about Bitcoin but seriously?  Tether?  BUSD and USDC is way more better than tether.  These two stablecoins had their regular audit and have been certified to have 1:1 reserved while tether is somehow on the gray part area when the reserve fund is discussed.

The problem with altcoins is that majority only think what to buy, they should also include when to sell in order for us to take profit on what OP called scam cryptocurrency.  I may say to not get serious about altcoin projects, just buy and sell when profit is seen.  Being attached to them will lead us to losses just like what happened to Luna and FTX.

Take advantage of the altcoin volatility and its pump and dump but never think to hodl them unless you are very sure about its future.  If there is something we must hodl, it is Bitcoin and nothing more.

In my opinion, BTC is the lung of all Altcoins. as long as BTC is still alive, there will be many new ideas and ideas in the world of cryptography.

No wonder you hate Altcoins because this year there was an incident that disappointed all cryptocurrency users.
Precisely, in my opinion, the problems that occur are positive things that must be learned for every CEX and DEX to improve security in storing user funds in the future.

There is a saying that the more you are hurt, the stronger you are. the sentence states that tests or trials will make us stronger. Likewise, CEX and DEX will continue to improve their quality because problems that exist in their environment or those that approach them directly such as the collapse of Luna and FTT will make other parties more thorough and prioritize the safety and comfort of their users.

Since Bitcoin was one of the first cryptocurrencies ever created, the general concept of all altcoins derives from it, which is why they're also closely correlated. I honestly never bothered with altcoins too much, except one time I used to mine with my PC. I only felt safe with Bitcoin. However, I don't believe that all altcoins are poor; some have a specific purpose while others have characteristics that Bitcoin doesn't cover, such as anonymity (Monero) or Ripple, which was meant to be a payment system using a unique consensus mechanism, the XRP Ledger Consensus Protocol, for consensus and validation.

There is the sense in what he say and making remark to Luna and now that FTZ exchange got crashed. Most exchanges have there own coin and now it is clear that it is for promoting them in the market, if anything happen to the exchange then everything will go wrong too. It is more important to hodl bitcoin, it has the independence and out of control of manipulation.

There is no doubt about this, Bitcoin proves to be the best option especially during bear market.
Since there’s a lot of issues with the exchange token, many don’t want to hold it anymore and with the recent FTX issue, it is advisable to buy stable coins for instead of buying any token. Though I don’t advise to hold only Bitcoin, there are good altcoins that you can also add on your wallet.

There’s a lot of influencers are not promoting hard wallet and any wallet that you have the control with your money, this is because of many issues with exchange and even with Binance is not safe anymore.

Having Bitcoin in your wallet is good, its cheap and its getting cheaper you might want to wait for another down trend before buying, timing is the key to have a good profit in the future. Buy more Bitcoin, and buy some good altcoins too it can help you make more profit.

Tether is also centralized just as the thing you've said about all other currencies are a scam. It's pegged to dollar and there have been questionable issues were it has been involved of.

Thus, if you have a Tether, you probably have heard of it when they've frozen those funds that have came from hacked funds. It's not all about the hack funds but their ability to freeze anyone's Tether on addresses.

To some degree, I agree with your statement. With the current atate of the industry it may seem as if bitcoin is the only crypto that is trustworthy enough to HODL. I would just like to point out that ij your attempt to stray from including centralized exchange coins like BUSD, you chose Tether which is inarguably the sketchiest of all currently active stablecoins out there. At least with BUSD, there is a guaranteed 1:1 reserve which is not confirmed for Tether. Then again at the end of the day, altcoins are there to prove themselves to us, if they couldn't do that, it's best to just spot-trade them and not hold for too long.

The idea from your content as a question " why Bitcoin is the Only cryptocurrency to buy" reacting to it, it's understandable that Bitcoin is not the cryptocurrency you can buy, if someone is giving you with such information, i think it's wrong, because we have other coin's that's equivalent to Bitcoin during long stays for investment, i believe that cryptocurrency is their general name and Bitcoin is a particular coin and ethereum is another substance of coins, investment of cryptocurrency is of their own choice.

This is the common issue today because of FTX and that's true that satoshi made bitcoin to be completely different and independent. As bitcoin isn't depending on any company or exchange for which is most native tokens are made like that. They've became a stock type of distribution to its investors just like the common stock market and shares but bitcoin isn't like that. It's dependency is one its own network - miners, supply and demand.

Many disagree but Ive always thought proof of stake is more then worth the exploration and time to develop for the greater good of crypto.  As we've found out there is a giant amount of risk and loss thats occured with all these 'ideas'  and quite a bit of fraud also but is it still worth it.
  Its a given from an open source standard that people will innovate however they like and then its the free market which decides a price; I will agree with OP but only to argue the price of secondary blockchains should probably be far less otherwise let people do as they will.    Last thing we need to do is argue in favor of big government and regulation which throttles the freedom of people to invent and innovate.

It have got proven track record and has served as the base for the rest of the cryptocurrencies available in the market. This is the prime reason. Apart from this, its proof of Stake operation which makes it the best. The issue being discussed is the centralised vs decentralised. The prime focus of the innovator was decentralisation. When the same is took towards centralized working we experience problems like what we experienced with FTX.

I've been in the space for many years and I've learned a few things that I'd like to share with you:

90% of altcoins don't do anything. They're made to make their devs money and that's it.
Out of that 10% legit coins most will fail and die because projects fail, get hacked, devs argue, teams break, some fail to gain traction, some choose a wrong promotion...
Think about it before you buy an altcoin. Most are scams and a few legit ones can fail, get delisted or crash because of manipulation.

Every few years there's a new big thing in crypto. ICO, NFT, Exchange tokens... All of these are shit. They're wash traded, pumped and dumped, they're worth as much as the company invests in them to make it look like they're valuable. When dust settles you can't even wipe your ass with your picture of an ape or a crypto punk. You bought something that nobody wants to buy from you, like that tweet of Jack Dorsey.

Every year an exchange gets hacked and every year a number of crypto businesses go bankrupt. The only constant is bitcoin. It is here and it's going to be here next year.
If you own it, you own it. There's no company, no CEO, nobody to tell you what to do, so do what's good for you, do what you feel is right.

Is anyone else seeing an alt account here with a post designed to try to earn merit?


Yeah I don't know why the OP first talks about Bitcoin and then shoehorns Tether in. I agree that Bitcoin is essentially different from the others, but precisely Tether which is a stablecoin that raises many flags is not understood. In my case I only have Bitcoin and I do not see bad to have a small percentage of some alt, as I believe that in the future the Bitcoin will coexist with them, but the question is which ones will survive.

Bitcoin is the only true decentralized crypto currency without an owner or a CEO. Every other crypto is either premined, got a CEO or both. Eth is premined and has Vitalik, LTC has Charlee etc..: Bitcoin is premined too but those coins never moved and satoshi is missing for years. That makes btc the safest option out there. Every other crypto is only trying to be fake bitcoins.

A huge majority of cryptocurrencies are scams, but not all are scams. A cryptocurrency dropping in price(or going to zero) doesn't automatically mean it's a scam — it can also mean that it simply just failed. Just like how a lot of businesses, companies, and projects(startups) can fail.

You seem to have started great, but ended up with a complete U-turn. All's well that ends well but since you ended up terribly opposing yourself, I guess you need to do some unlearning.

If you hate coins that have companies managing them, then you should hate Tether. If you hate all other cryptocurrencies because they are all scam, then you should perhaps hate Tether more. At least with some crypto projects, their developers and issuers are not actively intervening and controlling their coins.

Anyway, first and foremost, Tether's USDT is not 1:1 backed by USD reserves as claimed. USDT's circulating supply is around 66 billion but they don't have $66 billion to back it. So, much of the USDT that are circulating in the market right now are minted out of thin air.

And speaking of FTX, the issuer of the token FTT that nosedived after the former figured into severe financial mismanagement, Tether once again showed why you should hate it during the FTX fiasco. Following FTX's bankruptcy, Tether froze $46 million of USDT owned by FTX. Not only is Tether controlling other people's money in their token, they also did it upon the request of law enforcement authorities.

We are really seeing more and more reason why centralised systems is never an option for the present society because of the high rate at which coins fail due to diverse reasons and not just coins alone but also top exchanges . Bitcoin remains the ultimate choice for the sake of peace, guarantee and long term profit but with Tether anything can happen because its centralised it should be treated the same way altcoins are which is with extreme caution because nothing is safe in a centralised system not even the system itself.

It might be true that there are genuine and reliable cryptocurrencies but how can they be identified. Are there some indicators that might prove that they are not fraudulent or scams? The sudden failure and disappearance of some of these coins are very fearful and discouraging. And from all indications, there are no cryptocurrencies that have the same attribute as bitcoin. That's why I have always discouraged people from investing in other coins.

In the first place, you don't find cryptocurrencies that are trying to be/beat Bitcoin. That category is pretty much decided. The only investment-viable cryptocurrencies(in my opinion) are those that are acting like pseudo-shares.

As for indicators, heavy background checks on the team. But having a reputable and transparent team doesn't automatically mean it's not a scam — it just brings the chances down by a good amount.

Bitcoin is good for beginners, because it doesn't require so much research before you could risk your funds on it, while altcoins is the other way around, that requires a lot of research before you should buy to avoid bagging shitcoins in your wallet. Bitcoin is the safest coin for me, the most reassuring coin that exist in the cryptocurrency market (my opinion only). I also like the volatility of it which gives you decent profits in the long run.

Altcoins are good as well if you got your research right and the developer didn't sugarcoat their goals in the long term, cheaper than bitcoin and good profit also in either short term or in the long run.

Buying Bitcoin is a decision you have to make yourself. Yes, it certainly comes up with a lot of pros and cons but the cons are small compared to the pros. Diversifying your crypto portfolio is certainly something to consider but there is no need to lose sleep. If you want to get into the crypto market, Bitcoin I think will be your first stop and everyone else's.

Maybe one thing from me is to go ahead and buy BTC especially when you see a decline like now.

Yes, I also agree to hold BTC long term. You don't have to invest in altcoins if you are in doubt and it is better to select only ​​bitcoins, as we have seen how bitcoin has been going so far. And bitcoin is also good for new investors but they don't need to keep BTC on exchanges because of the risk of hacking, theft or other reasons.

And with BTC, the value of your investment can increase several times even though there will be a decrease like what is happening right now. But BTC has proven that BTC is worth holding by investors.

Easy answer: bitcoin has proven time and again that even after a series of crashes, it can still bounce back and people will still trust its ability to carry value for a period of time. Another is that no single entity can really control it, and if they dare did the community swiftly reacts to avert crisis, that's why we have a lot of bitcoin alts around due to these 'decisions' and so far it's good that those happen because you can see that the vision of other bitcoin alts really differs from the main bitcoin that we have. Lastly, aside from speculators' money, you have the mining industry that also, in a way, safekeeps bitcoin's value.

Bitcoin is a good investment but it would be better to diversify your investment WISELY, if you would be aiming for bigger profit from this industry. Bitcoin has the biggest tendency to have a price increase whenever the market behavior is on upward direction especially from down market. But the rate of increase on other cryptocurrencies or altcoins are just way bigger than with Bitcoin. Only problem with other coins is that it is hard to determine which is which. Potential is not enough because most of the cryptos are having very volatile market prices. But as investors, we do have different preferences; some would take risky assets because it generate bigger profits while some are more into bigger chance of just earning profit meaning, less risk compared to others.

I think before investing in bitcoin should also do research, even though it is the safest coin on the market, if you don't understand how it moves and are a newbie when you see its price plummet you will start panicking or will assume it's a scam.

Another thing is that no matter how good bitcoin is, if it's not profitable for you it's useless, so need research and analysis to buy low price to be profitable, if you buy blindly and at $69k you will also be disappointed with bitcoin.

Altcoins are not bad, not good, just one person's point of view. Many people don't like it because they can't make a profit from it but many people like it simply because they know how to make money from altcoins.

That's because only bitcoin will increase so much compared to altcoins. We have seen the history of the development of bitcoin over time and we should be able to conclude that investing in bitcoin is enough for us to benefit in the future. But that doesn't seem to stop people from continuing to invest in altcoins so they keep looking for potential altcoins that can grow and improve in the future. But you don't need to rush into investing in bitcoin because you have to be able to determine when to buy bitcoin, especially if the price drops again. And that is a good time to buy bitcoins.

I beg to differ. On the one hand, Bitcoin is now in a position similar to the position of the dollar in the international economy. But with small nuances.
The dollar is backed by the power of the United States (economy, politics, army, status, etc.), and it is also provided by the interest of all countries to work with a convenient, reasonably stable, predictable currency. The currency that is "issued" by a country that can influence almost any process in our world!
What is bitcoin backed by?

If you really look - NOTHING! Well, yes, they burned terravats of energy, released millions of ASICs and similar devices, and the base currency on many exchanges is bitcoin.
But one question - does Bitcoin have properties that altcoins cannot replace to take its place, or even make a multi-currency assessment of the market, without a "main currency" in the form of bitcoin? The answer is simple - NO! If anyone can prove otherwise, I'd love to hear it!

PS Yes, there are whales, there are global speculators, but I think they have already made more than good money, and I think there will be another “pumping” of bitcoin, and then oblivion, like the history of currencies made of pure gold, which were replaced by “worthless pieces of paper”

I think you are living in a big delusion, because USDT is something called a stablecoin, and it is as stable as the company behind it - and if we know that at one point they admitted that only 70% of tokens are backed with USD, then it is crazy to believe that all things are clean and legitimate here. Therefore, you cannot put Bitcoin, which is decentralized, with stablecoin, which can be frozen at any time, in the same basket - or better said, you do not have the option to control the private key of what you own.

All these so-called stablecoins are perhaps the biggest fraud in the world of cryptocurrencies, and the biggest Trojan horse that any government can use to attack Bitcoin at any time. What do you think would happen if USDT, which has over $65 billion in circulation, freezes all funds for all users?

I agree that Bitcoin is the most legit and safest currency in the crypto market, and it is the most peaceful, fastest, secure, transparent, and globally accessible financial revolution in the history of mankind, far from governments, banks, and any human or central interventions. Wallet each of us must contain the largest percentage of bitcoin, as it is the currency that will not make us disappointed one day. The price of bitcoin is now cheap, and it's an awesome time to get it at a discount. For altcoins, we must be well-equipped with risk management to reduce losses.

Yes, that's true and thanks to these centralized exchanges and their centralized coins which have collapsed for making people realized that they are unsafe. Bitcoin is a decentralized coin that people should choose however I can't totally agree with you when you say that there is peace in btc because btc's value is highly volatile. Not just tether but anything can also happen with btc.

It's price can go really low or it can go really high that no one can ever imagine. Tether is centralized but lets admit it, it is also useful to prevent our coins from moving due to volatility. Tether is the most riskiest stable coin but there are other stable coins out there like usdc which are more trusted.

That depends on how you buy it and how you save it. One should not be buying the bitcoin itself if they don't understand the safe keeping of bitcoin in the wallets. Whether it is hardware wallet or software wallet, I think the concept behind it remains the same - safety of coins, your own keys, your own coins!
If so, then even altcoins can follow the same path. Considering the fact that they are now part of the system anyways, we can not do anything about them. To adopt them as well one can always store them on wallet with private keys. If not then there are plenty of coins to work with. Moving furthermore if there are none options then there is always bitcoin for our help.  ;)

It depends since most long term investors know the play of the market that's why some of them choose to invest some of the altcoins which is promising since they keep following the Bitcoin trend. It's also a good way to diversify your money and not just put everything on a single coin.

But in terms of long term investment and as a currency or asset, Bitcoin will be your number one choice besides of the land and metals. It's also important to know what you are investing even though we said that Bitcoin will be the best choice to invest but if you lack of knowledge on when or how to sell it then it's still useless to invest your money because you might lose it in the long run.

I know they say to never put your eggs in one basket; however, when it comes to crypto, you really can't go wrong with just only buying Bitcoin- look at the history.  Many altcoins have relieved many of their precious Bitcoin.

Bitcoin has always been the first choice because it has always been a measure of market performance, and until now Bitcoin has never been defeated by Altcoins, although Bitcoin marketcap continues to decline but has never reduced the popularity of Bitcoin, it has always been the first choice because it has proven to be the safest and pure decentralization while many projects using the concept of centralization.

Altcoins were born inspired by Bitcoin, so every company launched tokens and coins. Regardless of what the end goal is, I don't think it can be generalized that all altcoins are scams. Perhaps more precisely you could say partially. You are right that Bitcoin is the only one that doesn't have a centralized company, but you should also know that there are altcoins that serve the same purpose as Bitcoin in terms of maintaining anonymity. Don't just because the Luna and FTT cases make it difficult for you but behind the scenes you are still using CEX.

If bitcoin marketcap decline this don't affect bitcoin, it can drop not for plenty reason but some altcoins newly enter inside the market and increasing the number of cryptocurrency so the new coins share part of the total marketcap and that is very low to the coins and that is why bitcoin popularity is not affected. Bitcoin remain the number one cryptocurrency, some people think of it as bitcoin is the only coin called cryptocurrency.

bitcoin is the best crypto asset and also very immune to any pressure hence it is very good for beginners in the crypto market. Its price volatility is actually very profitable if it is used very well.


even though altcoins are much cheaper than bitcoin, investing funds (for beginners) there is not really recommended, it takes deeper research to be able to determine whether an altcoin is worth holding for the long term.

Using one in town project have so many disadvantage in times of maintenance, the cost of the maintenance is at high risk because fixing it is under probability that is what happen to the some of coins but in Bitcoin their is grantee for it because it is everywhere it spare parts are everywhere. This is my reason, and I not saying it is the fact.

They tried to mimic what Binance did by creating BNB. That doesn't mean it will be the same ending as how successful Binance did it.
It's like saying you are not giving any chance to others who are building themselves too.
What if you are the one who found a new type of cryptocurrency that would change the perspective with altcoins? "Scam" as you say it.
Should we give you a chance or not? Or should we just say that is just another "scam"?
It's a broad competitive network and everyone who has knowledge with it can try to make one. I wish not all investors will have the same point of view as yours.

Bitcoin will always be my number 1 choice but that doesn't mean I am closing my eyes afterwards.

I think the end goal for 99.99999% of the altcoins that was created were to make money for the founder and nothing more. I am not saying that we shouldn't invest into alts, like ETH and BNB are solid ones that I love so much, but people are going down the list way too much, investing into something that is not even in the top 20 or something and then they cry when it goes down.

Just realize that nobody has your best interest in their heart, only you have it. So, invest into things that people cannot abuse to make themselves richer. Luna and FTX had that chance, and that’s why they went down, bitcoin doesn't have it, that’s why it won't go down like that.

This mean you're still supporting top 20 cryptocurrency!

Don't get me wrong, but BNB is also created to get more money for Binance since exchange coin is really useless. Don't forget Luna is top 10 crypto before it going to crash, since you're saying it's good to invest on top 20, those people aren't wrong to choose Luna :P

Invest a coin because they have huge marketcap and high volume is really pointless opinion.

I am not saying don't invest into top 20, but I am also not saying you should, I am just saying that anything out of top 20 is out of question, and when we are talking about top 20 then you start to question it. That is the difference between looking into something and not even looking into it.

For example, I would have looked into Luna, and decide not to invest, but I wouldn't even look into wave, or anything at that rank, do you understand the difference? Like I looked into bch and bsv as well, or even xrp, and I do not invest into those, bch was like second or third biggest at some point and I did not invest. So, top 20 is not what you should invest all together, it's only place you should look, but could decide not to.

For now I do not make Bitcoin the main choice of investment, if the total may only be around 14% of the total assets of cryptocurrencies, most of them are Altcoins, this is because the market conditions are very difficult and to get greater profits in my opinion is with investment in Altcoins, while I make Bitcoin as a long -term investment

What do you mean by you have to invest in altcoins to make a greater profits? Do you mean that if you invest in bitcoin, you are not going to make a good profit? We all see that bitcoin is down currently, we are currently in bear market and if you can buy bitcoin and hold, then you are going to make good money.
Am not asking you not to invest in altcoins, I think that's just your choice, but altcoins investment is not really a safe investment, no altcoins can be trusted, after the previous crash in Luna and FTX we don't know the next altcoins which will get compromised and if you are having investment in the Altcoins then your money is gone already. Bitcoin is a safe investment, the only thing that can happen to bitcoin is to dump, with time bitcoin is definitely going to bounce back.

Bitcoin has many competitive advantages.

First, it is the first cryptocurrency.  All people on the planet Earth (about 8 billion people) know about Bitcoin. 

Secondly, Bitcoin has no founder, since Satoshi Nakamoto disappeared long ago.  People are always the weakest link in any system.  Satoshi Nakamoto originally designed Bitcoin as a system governed by mathematical algorithms rather than human will. 

That is why Bitcoin is a universal value, a value transfer protocol in the virtual space, digital gold and a decentralized monetary system independent of states and corporations!

Bitcoin is always the first choice because bitcoin is the center of cryptocurrencies, we can see market prices from bitcoin conditions so that if the bitcoin price goes up then it is likely that the price of altcoins will also go up, besides that bitcoin is a purely decentralized cryptocurrency because no one can add to bitcoin stock.

I appreciate all your opinions about bitcoin and other cryptos.
In my opinion, bitcoin is a digital asset that does not depend on anyone and will not be affected by anything. i mean bitcoin will survive without altcoins even if some altcoins die it will not affect bitcoin in future.


of the many altcoins, in the future there will surely be a collapse or death for various reasons such as the cases of Luna and FTT. and one of the reasons is that altcoin companies will only be concerned with personal gain rather than thinking about altcoin uses.

I think your percentage is too high considering there are a few altcoins that are created because of the developers love for innovation and wanted to test it out.  They are even established without asking any crowdfunding and just let the market dictate if it will be accepted by the masses or not.  But sadly most of these altcoin doesn't cater attention and end up dead.  So I guess you should lessesn your 99.99999% to 99.8%  ;D.  On a serious note, I agree that all of these altcoins that crowdfund their project are after money.  There is nothing we can do on that but not to participate but several people and investors think of it as an opportunity to gain profit so they jump into thise kind of crowdfunding without thinking of possible losses.


I agree, everyone is self-centered. They always want to prioritize their wants over other so we must not expect others to give us any advantage especially those cryptocurrency project that has central authority.  Only Bitcoin has no central authority so Bitcoin is always fair to all.


I beg to disagree, Bitcoin development depends on the developers for development.  Bitcoin price depends on supply and demand in the market. Bitcoin depends on miners to support its network and continuously produce blocks.  And Bitcoin propagation depends on every individual to promote and use Bitcoin.  Bitcoin itself is nothing but Bitcoin with its developers and miners and the community is superb.



The cryptocurrency industry is survival of the fittest, those that cater to lots of community and continue to propagate will surely survive but those that failed to gain enough community is doomed to die.  Also cryptocurrency project that think crypto is the best way to exploit people will eventually get exposed and be jailed.

In my opinion Bitcoin is Cryptocurrencies with the biggest user, according to data from a site stating that active Bitcoin users are more than 10 million and the number of wallets filled with more than 100 million, this is what makes us worthy of optimism that bitcoin will continue to grow and more expensive.

Without you telling me I think almost everyone who has known Bitcoin for a long time already knows about this, but what you said can at least be very useful to those who are new to the crypto space or are new to Bitcoin. And that's why I never doubted Bitcoin even though it was experiencing a price drop in the market. Because the increase in the price of Bitcoin will never go away as long as there are still many users.

Although Bitcoin is dropping but we must be optimistic that the market immediately risper again, it is not difficult to rise tens of percent per day so that in a short time it can rise more than 100%, the good news today is more and more large companies and countries that make Bitcoin as an asset so as to make Bitcoin will be more rare and expensive in the future

Most of what you said dude is correct and I agree, that's why I don't agree with Tether what you said, I'm sorry mate because, in my years in this industry, I have seen that tether also leaks Actually.

Usdc and Busd are even better than Tether. Try to research what I'm saying, dude. So you can see what it means, or even to other people who will comment here on the topic you made. For sure someone else here will also say the opposite of what you said on Tether.

I do not understand what half of your post meant, but if you meant by most of it are into altcoins then you might be better of putting them all now to Bitcoin. Not going to convince you, but I had seen plenty of changes from snapshots of CMC top coins throughout the years and regardless of the trends, Bitcoin just does not move an inch from the ranking unlike some of those inside top 10.

You could get away with some altcoins in the market right now, but some of it are just profitable due to hypes or sheer luck and I do not want my investment to be just based on luck.

It may be true that I should move Altcoin funds to Bitcoin and store them on a Decentralized Exchange, but this will be a very difficult decision for investors buying Altcoins at a high enough price, while the current market position for almost all Altcoins has fallen 60-90% of their ATH. If we move our investment funds now This will be a consideration that can create a dilemma for investors including me.

The decision I made in this position is I let it go, if the price goes up again I will sell it and add it to my Bitcoin savings but if the price goes down I will consider it charity, and I will not buy any more altcoins.

Just as you have said @op, altcoin is actually good but it all depends on the type of altcoin you are holding meaning not buying shitcoin which would result in losing all your investment. So holding bitcoin is the best as it's more safer to hold than any other coin which might likely dump anytime any moment rather holding a reputable coin like BNB, ETH and top 5 altcoin out there.

Hypes are mostly done in altcoins and many people make money from it, unlike in Bitcoin where the price is just almost stable. But if you are aiming for long-term investment, Bitcoin is what you should invest in.

I can just remember last year that a particular shitcoin spike more than 1000%, it is really a big profit for the holders if they had sold it. And this is why investors couldn't go away from investing altcoins just like you. It is a practical investment, yet it corresponds to very high risk.

You shouldn’t buy Bitcoin or any other cryptocurrency if you don’t know what it is and if you don’t believe in what it can offer. You will only lose sleep and your hard earned money if you put money in just because “everyone else is doing it”. I have a few Bitcoin components. I waited some months before making a purchase. It's a little amusement, and like with all amusement, I'll most likely pay for it. But, for the time being, I'm having fun with the game and hoping to make some money. I personally believe in Bitcoin and other altcoins available on the market and have done extensive research on my own before investing my money into it. Unless you’re willing to do the same, don’t bother.

The examples you given are based on the fact that they were abandoned by the owners of project and second associated with Hack. As far as bitcoin is considered its one of the highly integrated coin over blockchain and the oldest seed that we know existed in the crypto space. Definitely it’s PoW is far more secure and now has become far more complex to crack down. The first ever mined block already has more than millions of confirmations so definitely there is heck of the way to crack it open and steal the info. Now that’s the thing which keeps us involved with the bitcoin.

Hypes are easy way to make money for a lot of people when there is a bull run, but when there isn2t a bull run it doesn't really make that much money for anyone. It's clear that you may want to start a hype for a project anytime you want, but that's not going to really happen at all if there is a bear market considering there is a big problem with people lacking the funds for it.

I understand that the need and the want for it, but the reality is that it's not going to happen. Too many people lost money during this period, which means that hype can't be done, but during bull run too many people make a lot of money so they can spend it on hype.

Most people don't know this. Anything can fail so, deeping of coin or token, doesn't mean

So what does fail means? So it is just basically had died and wither away just like any other things that do exist on this world.There's no exemption for that.Any business does have the risk
and so as with investment here on crypto space which it doesnt really exempt out Bitcoin even this is the main coin where the community is mainly been supporting.
There's no way about having that 100% risk free which is something that we should mind about. When we do buy up crypto whether focusing on Bitcoin
or with some altcoins then always be mindful about the risk on every step or action you would make.

One of the reasons is that Bitcoin will never be like them, whatever happens, whatever the FUD that people reading about Bitcoin. Bitcoin will always survive and then rise up again. We trust in Bitcoin, this is the first major crypto to trust more than others, nothing to doubt. Bitcoin is the soul of crypto, if this is crashed, altcoins will also crash.

This is what always happens to Bitcoin. Although Bitcoin is dropped, in fact, this crypto can always rise up again multiple times during the bullish er. We know that Bitcoin is very volatile and fluctuating but in fact, we can't also deny that Bitcoin is always able to rise up again. This is exactly different from altcoins. Some are rising up, but most of altcoins are not able to pass the previous ATH, only some of them. and none is guaranteed

Agree. Although there are many scam crypto coins, it doesn't mean only Bitcoin is trustable while others are possibly scams. Top altcoins such as ETH, BNB, ADA, MATIC, or SOL isn't scam coin. They showed proof that they can be trusted because they have clear and strong fundamentals. It makes them survive as top coins so far. Even if they may drop their prices drastically someday and be announced as a failed project, doesn't mean they are made as scam coins. You are right, every project has a chance to fail, it is something unavoided. Those people who call scams in each failed coin, just don't understand the difference between "scam" and "failure".

Hacks, scams, fraud schemes, multiplier investments, etc keeps running around. What needs to be done to be on the safer side is analyse and understand the market than simply moving on someone's suggetion.

OP have connected the reason with the hacks and bad incidents that happen out of the centralised system. This is part of the network, we need to move on. Bitcoin is always the right pick, for its real-time usage and growth happening in terms of adoption and multiple usage. Having diversified investment will help in making the market better than now.

What you say is true, but when you want something that can be more likely to be more confident, bitcoin is still at the forefront of all of that, especially with all the current offers, of course bitcoin is the first choice.
There really isn't anything wrong with some altcoins but when you look at the volatility that exists at the moment if given the opportunity of course being in bitcoin is far more worth it.

What happens is that the thought process of a great deal of investors is incredibly simplistic, if they earn money with a coin then the coin is legitimate, if they lose money then the coin is a scam.

Obviously such a thought process makes no sense, as someone with that kind of thinking may see bitcoin as a scam because they lost money with it and Luna as a legitimate investment because they earned money with it, when in fact they have their reasoning completely backwards.

Bitcoin is head and shoulders above any other coins when it comes to it's economic value and importance in a functioning society, but it's not the ONLY coin , in my opinion, that is worth buying.  There are a couple other coins that provide some value, and can help address and economic issue etc.  While there are VERY few, coins like Litcoin, Ethereum, and Monero all have value in my mind, each can solve a real world problem, and coins that show a lot of promise still yet to come.

Bitcoin is a coin that has the highest reputation because it cannot be controlled like a smart contract based project, until now there are no complaints or cases of theft from Bitcoin so that we become the most feasible assets we make the first choice, this is what makes investors always make Bitcoin as an option main.

Most of us in this industry aren't because of altcoin, almost certainly because of bitcoin. I never knew there were so many tradable altcoin before I really got to know bitcoin. So it doesn't make sense why many of us should ignore bitcoin from our investment portfolio and just have a bunch of different altcoin in it.

Even in the current bear market, bitcoin has never lost the confidence of investors compared to altcoin investors. Bitcoin as a store of value, bitcoin as a long-term investment, bitcoin as a currency and a means of payment and those are all things that make bitcoin the first choice in any investment portfolio. Even if someone ignores bitcoin, it means they fail to understand what bitcoin is.

I don't know why people will till trust shitcoins that bitcoin? but of course we cannot blame them for  risking with big return but at least consider investing in Bitcoin for more ways than this.

actually I must admit that I have some altcoins in my pocket , but I am sure 80% of my funds are on bitcoin.

and aside from being Pioneer coin , but there are also several coins that cannot be controlled but of course we will stay in Bitcoin to support.

It cannot be denied anymore that bitcoin will always be the first choice because it is a measure of whether cryptocurrencies can rise or not, the biggest Bitcoin marketcap is certainly my reason that it is very difficult to control the price of bitcoin so that whatever price occurs in the market is purely from market law.

Because bitcoin is one of the best things that has happened to humanity in the last decade or so, and the launch of bitcoin has decentralized the financial system and empowered the unbanked in some remote areas.
But that's not all, because crypto especially bitcoin has emerged as a top investment instrument before the highest ATH occurs, and can turn investors' money into thousands of dollars after a new ATH occurs. And all of that goes through a long process and strong patience to get satisfactory results.
However, investing in bitcoin comes with risks, especially with the high volatility affecting the crypto market, and novice investors need to understand how bitcoin works well before getting involved.
and as long as you do it for the long term I think it's okay and still profitable in the end, as long as you don't care about it and also don't panic when the bitcoin price drops. Because in the end the price of bitcoin will rise again and even exceed its highest price.
And the most important thing is to be patient and take advantage of the downturns to develop hold and hold for the long haul.
don't really care about altcoins because eventually they will follow the movement of bitcoin, i also own a few altcoins and treat them the same way only bitcoin comes first.

Am surprised the OP does not trust any other projects out there but have so much trust for tether - of all projects  :o
It seem op is not reading all the controversies surrounding tether and their lack of transparency. To me, i would say don't place so much trust on tether because they are also capable of acting the way ftx and luna acted.
Trusting btc is the best option because there is no central bodies controlling it, you are not scared of team sabotaging the project and gambling with investors funds, this is the reason why not your keys not your money is highly emphasized on.

Big institutions are investing in other altcoins as well as Bitcoin, this doesn't make them stupid but yes Bitcoin is the safest of them all yet we can't deny that other coins brings more profits to investors than Bitcoin.

All you need to do is make the right choices, also do not put all your eggs in one basket 🧺. Imagine all you held was Luna and FTX token.

Many fake coin was get into launch now. So it’s better to check the white paper of the project. Because from the whitepaper you can check the owner of the project is real or fake. The company address of the project is real and kyc of person involved is scammer or fake. Then you can do the roadmap of the project. If the project is projected for the long run, surely we can gain 20-30 percentage of profit from it. Without the background check, you made some investments. Surely it will stole all the invested money.

And the choice for them with altcoins are very limited. They just can't lean to a centralized altcoin that could be rug pulled anytime and will turn into a shit afterwards.

Bitcoin is the safest of them all.

No central authority, even if the government steps in, they just can't freeze the entire network of bitcoin because no one has got a control of it and it can't be rug pulled.

Aside from those privacy coins which are totally decentralized then the rest of coins in the market is truly that centralized or something that could neither be  altered nor be having those reversible transactions or

whatsoever and that do really opposing that anonymity idea or scheme which is really that something we could see on the market today.Bitcoin might be sitting on the top but it doesnt mean that

it would really ensure out that this one will really be on like forever.There's no such thing about being safe because on every investment there's a particular risk.If you do opt on
focusing with Bitcoin accumulation then it would be your choice.

You raise an excellent point about how bitcoin dominates the market and how other cryptocurrencies are also impacted when the price of bitcoin changes. As is my custom, I place a higher value on bitcoin than other cryptocurrencies, but I've learned a few things from the recent events involving luna and ftx. the idiom "not your keys, not your coin" used to be common I've always kept that in the back of my mind since it demonstrated the fact that not all coins can withstand market volatility, and even while investing in cryptocurrencies carries some risk, I believe that doing so in bitcoin is considerably better than doing so in other coins.

For me, Bitcoin may not be perfect, but this is suitable and worthy with all of its characteristics, with its positive and negative sides of Bitcoin. We can manage our investment in Bitcoin with our best efforts. We know that Bitcoin has value and the worth is real enough. We have proven so far how Bitcoin can survive any FUD and also crash. we have proven how many times people make Bitcoin seems to die after the crash, but in fact, Bitcoin can still stand and survive, and then rise up to the moon. We have seen how many people can earn much money from Bitcoin. Btcoin is nto perfect, this still has the risks. But we can manage the risk and utilize it to eanr much money from Bitcoin.

But we also have to embrace the reality that no matter how we give the idea to everyone, it cannot be avoided that people will still invest on those altcoins that they like.

I am in that belief that bitcoin will certainly last and will stay at the top. And I think that in the past, the challenges were harder for bitcoin to remain at the top because it's just starting out. Now that it has been established and has gotten a lot of investors and users, it's almost unlikely that it will be replaced.

Bitcoin has always been the only recommended crypto to buy ans start with because it's not a shitcoin, bitcoin has been the only decentralized digital currency because it has never scammed or deviated from serving it purpose like sone other altcoins do, bitcoin is a currency, an asset, a store of value and a medium of exchange most reliable to use and the only decentralized digital currency unlike others which are centralized.

After today the price of Bitcoin touched $ 17k so I did not hesitate to buy again, some time ago I bought and got a price of around $ 16600, I was late to buy when the price of $ 15780 because I thought that the price would continue to rise, now no doubt to buy Before the price continues to skyrocket.

That concludes today's dip. Congratulations on your purchase. I didn't notice this today because I'm too busy working, but I'll try to buy one based on my analysis. I am not hoping that the price will drop, but I am hoping that I can buy a bitcoin before it goes up. We all know that bitcoin will always have its greatest comeback in breaking its ATH, and I am also hoping to ride on that journey so that I can gain profit and reinvest it again.

Grabbing the opportunity to buy during the dip will always be the wisest choice. Some people always fear the situation but for smart investors, it will always be a good chance to buy. I was also busy the whole day but still waiting for another dip if possible. I don't want to miss the chance again. Bitcoin loves surprising us so I don't want to feel surprised and regretful at the same time. Once Bitcoin offers an opportunity to buy, we better grab it so we'll gain a good profit when the market recovers again.

bitcoin not only offers to buy, but currently bitcoin provides a very cheap discount from its previous price.
having the decision to buy at a bearish time like this is very profitable for smart investors who have been loyal to bitcoin for a long time.
even though you guys are busy working I'm sure you guys are happy buying with the DCA strategy and better yet don't miss it like last year when bitcoin to pluto :D

Buying the dip may seem like a simple strategy but not many people can perform it adequately, and this is because they are afraid that the price could go even lower during the short term, they do not understand that the investors buying the dip are not doing so in an attempt to try to get short term profits, they are doing so because they know the asset they are buying is solid and sooner or later it will reevaluate itself and they will obtain some easy profits.

You can still able to invest if you feel that bitcoin will have a recovery in price --or set an amount of money and start investing bitcoin in a DCA way of purchasing it. We have been given a chance to invest in bitcoin last month but I think this month's bitcoin price shows a sign that it will resist and back to the range of $20K. However, I did not see that this month there is a bull trend, it usually the price goes down but I think it is another opportunity for us to invest in a lower price. Just wait for it and get ready for your fund.

I could assume that everyone knows the reason why Bitcoin is recommended to buy - not I say ONLY.
Altcoins also have potential yet, many investors had wrongly chosen shitcoins which makes us think and generalize that altcoins are scams and useless. That is why I couldn't agree with that...because if that is only the reason, we better not create altcoins in the start if that only happen they are no market value and are worthless investments.

Among the currently trusted coins in the crypto world are BTC, ETH, BNB, SOL, MATIC, ADA, XRP, LINK, DOR and more etc. But there are some coins which are not at all reliable to invest and can become scam anytime. So to invest he must have an idea about kypto coins. If not, you must face losses in the future. So if you invest on the good coins before investing, there is no possibility of these tokens being scammed in the future.

Although not all altcoins are scams or useless, there aren't many altcoins that are as useful or profitable as bitcoin. We have over 20k altcoins of all kinds but as you can see, no more than 10 altcoins are considered as potential as ETH. Another thing is that altcoins have not followed the path that bitcoin has gone, altcoins have become too centralized and therefore, very easily manipulated and turned into scams by humans.
Cryptocurrencies are an open market so we won't be able to stop someone from creating altcoins.

Their are other cryptocurrency that are there to buy, but for the sake of reliability and trust,  good value I believe bitcoin should be the first anyone should consider to buy because it is better. When buying cryptocurrency it is important to weigh the risk that is involved in cryptocurrency to know which one will be better to buy.  Other cryptocurrency is more risky to invest than bitcoin that's why everyone would always choose bitcoin first.

I agree.

Maybe they don't like altcoins since it is very risky, most of them are just promises that are only good when they want to attract investors to meet their quota, then after that, they will vanish into thin air because they already got what they wanted.
Investors and bag holders are left hanging, hoping that it will pump since the whitepaper they've read contained good promises.

Then don't pick those altcoins but pick only the alts which are useful and profitable. They can be a good addition to our bitcoin investments. That should help us build the ultimate crypto portfolio. We don't need to compare other altcoins for eth and btc because they also have their own use cases.

It made sense on why they built because they can be able to provide solutions in the known issues of blockchain and crypto or they can simply make things more exciting here. You think that eth has a good potential but you didn't know that eth is the most centralized coin. Now tell me if you will still consider it after knowing this fact but some still do because they only care about the profit.

Apart from its nature that gives us independence, Bitcoin is the right invention in addressing the complexity of transaction problems.
Until now, I personally think that Bitcoin is still a good hedge so it deserves to be used as the main investment in crypto.
My other point of view, Bitcoin can no longer be reproduced so it is very logical that Bitcoin will not end in fraud as happened with altcoins.

That's my reason why Bitcoin is the only asset to buy.

In conditions like today I don't think it's worth making a comparison of other projects that gave birth to altcoin products with Bitcoin which have proven good over the years in terms of investment. So when there are so many investors who like Bitcoin and consider Bitcoin to continue investing, I think it is a very natural thing because investors are also looking for profits when they have used their capital in anything including investment.

I think you based your opinion on a solid premise with a current event. That's why no one can easily refute your opinion. The easiest way to win an argument is to choose a strong position... :) I think Bitcoin has a strong historical background and new entries to the market are still made through it. That's why it's still so strong. Maybe one day the entries to the market may have alternative options, but we can never change the historical past...

as of now, it has proven by time that nothing yet can toppled the position of btc in the market. countless projects have tried and attempted to overcome the technology of btc and yet, they found themselves being left behind, in terms of its users. people still go back to btc. they will dip their hands on new projects, but at the end of the day, most are still trusting to hold btc. well, the inventor is anonymous for one, and we are not seeing that he will cause a failure for this top coin by dumping all the btc he has, if he has still much of it. most projects failed owed to greed of their respective devs.

I'm sure almost 90% of users know the first cryptocurrencies is Bitcoin, I also know Bitcoin in 2014 when there are many prohibitions from many countries and become trending on many business TVs, in my opinion the main power of Bitcoin is open, namely cryptocurrencies that can be developed so that Bitcoin is always attractive and attractive and promising.

Bitcoin is the earliest cryptocurrency and it has proven to be the best option, it is an independent decentralized currency system. Investing in Bitcoin can benefit us in the future.


The ultimate goal of most of the altcoins being created in the market today is for the founders to profit themselves. Altcoins are riskier, no altcoins can be trusted and investing in altcoins is not really a safe investment. There are many altcoins that crash or disappear for various reasons.

the reason that bitcoin is the first is always the answer when people invest in bitcoin, because being the first it is only natural that bitcoin is the most popular crypto and difficult to beat by coins, besides that bitcoin is a coin that can determine the direction of the market going down or up.

It will be even more interesting if all investors have thoughts like you in making investment choices. The collapse of LUNA and FTX could be the main reason that investors have to forget about altcoins.
Yes. Bitcoin is a perfection created by Satoshi in the world of the future economy and I think Bitcoin will continue to be a perfection like no other as a digital currency.

On the one hand, Bitcoin is the first cryptocurrency, which means it is much more important than others on the market. This is what tells us that Bitcoin must be held and it will be much more reliable than the rest. On the other hand, Bitcoin is powered by other cryptocurrencies, which certainly contributes to its strengthening in the market and among holders. Then it turns out that many but not all cryptocurrencies can be held, but if they are compared with Bitcoin, then it is certainly best to hold Bitcoin, and then at will and your own vision. Personally, I have always believed Bitcoin, as well as such altcoins as Ethereum, Litcoin and Tron. However, there may be other good cryptocurrencies, but Bitcoin is the best one.

I also know Bitcoin as the first cryptocurrency before several other cryptocurrencies, so that until now I am not very interested in cryptocurrencies other than Bitcoin. Especially now that almost everyone knows that the development of Bitcoin itself is extraordinary and easier to use for transactions because it is supported by several wallets and networks, making Bitcoin transactions faster.

And apart from some of the things that have happened to Bitcoin in the past, what is clear is that Bitcoin will always be good in the future and there will be no other cryptocurrency that can beat Bitcoin from various directions or in various ways.

It's good that you understand that investing in altcoins is not the right choice or a safe investment.
For beginners it is very important to know the types of investments that are safe and the types of investments that can bring greater risk than the desired profit.

This is just to avoid because enough people have been deceived by various types of investments with various concepts offered.
Careful. Come with us at Bitcoin.

Maybe instead of telling them what to invest into or how to invest or what would be a good investment, maybe we should focus on how to teach them avoid those bad ones? I mean I try to help people with what to buy, but maybe instead of what to buy, I should help them with what to avoid.

Investing into shitcoins is a big deal and a big problem and for some reason people still do it, which is a terrible tragedy for all that money gone. I am guessing it's not going to be that easy to convince them to avoid it completely, but at the very least we could minimize the risk by talking about common things in those risky investments.

FTX and Luna have revealed their secret, and I hope we all wake up and withdraw our money from any centralized exchange to personal wallets where we have control over the private key. You have said it all, mate. All of these altcoins have their respective targets, and once they have little variation, they completely fell down, which is the main reason why no altcoin should have people trust it again.

I agree with you, except for Bitcoin, other digital currencies are either hacked or lose users and run away. The only thing I am doing right now is choosing Bitcoin, and I am also disappointed that my assets have shrunk a lot. Comparing the price of bitcoin at this time last year to what it is now, it's like I jumped off a cliff with a deflated parachute. I hope there is a strong airflow below, then I will blow it up.

Bitcoin is very trust but to get profit in short time is very difficult.

I suggest not relying too much on bitcoin, altcoins have good and profitable potential, increases in ETH, BNB, and so on can be a consideration that there are many altcoins that we deserve to make long-term assets and of course this is an option and if you are too scared then it's better to leave.

If bitcoin doesn't increase then ETH and BNB or any altcoin can't increase and make you profit, everything depends on the movement of bitcoin. But investing in altcoins is not too bad, I still invest in altcoins but need the right time, and the bear season is not the right time to invest in altcoins. When the bear season comes, most altcoins will crash and disappear forever, so investing in altcoins at this time is too risky. There is nothing wrong with only investing in bitcoin, but if you want to earn more, then altcoin is the choice.

Talking about making profits in a short time, of course Bitcoin is not the right choice,
Bitcoin is more suitable for long-term investment because it will provide maximum profit,
Top altcoins like Ethereum and BNB are definitely out of the question and they make great options

BTC is the first crypto asset from Nakamoto so yes of cos people will trust it more than any other but remember that every crypto assets have their own reason of existence.

we all know that we can't run any smart contract on BTC that's something we can only do on Ethereum, this is why other projects will have some space in crypto space for a long period of time. People will still adopt them anyways.

You have to start learning more about the differences between bitcoin and altcoins because bitcoin is different from altcoins and of course bitcoin is not part of altcoins.
Altcoin is an alternative coin that is used to describe all cryptocurrencies other than Bitcoin. So far, you can see the difference and I suggest that from now on you don't say bitcoin is an altcoin so that it doesn't make you more dizzy later.

On the other hand, you also have to start looking not only at the benefits, but you have to pay attention to the worst possibility because indeed in this case, when we invest, it is clear that we have a relatively long time to invest, so with this you have to be aware that this is not buying and directly receiving profits from it so that you are not too disappointed when your expectations do not match what happened. we need time for that as long as we are patient and strong in hodl and buy at low prices like now so I think future profits are a little guaranteed if you are sure.

I think the thing that makes bitcoin always the first choice is because it is the most popular cryptocurrencies, it is very difficult to find bitcoin competitors even though the number of altcoins is currently more than 22k but most of them are nothing serious so it is difficult to gain investors' trust.

I disagree, we are here to invest and investing is for profit so we have a lot of good options along with bitcoin. Bitcoin is good but it can't be as profitable as many other altcoins, so investing in every bitcoin is only right for you, not for many. I also make a lot of money from altcoins, so there is no reason for me to give it up.

I agree with you that bitcoin is indeed the most popular cryptocurrency and no altcoin will pass bitcoin (although many altcoins have greater benefits than bitcoin). but you can't say all altcoins are scams just because of what happened to LUNA because there are still many altcoins that have responsible teams and provide benefits for their holders.
and one more thing, what makes you sure that the fate of USDT will not be like that of UST?

Really appreciate with Bitcoin recommendation but why is Tether tho? Bitcoin and Tether is incomparable and the title is misleading anyway because if you want for "legit" one then you should go for Bitcoin only and not going to any altcoins out there.

One to blame is the exchanges if they get hacked for example Mt.Gox on early days and the price drops occurred on that day which is really jawbreaking even in that day where the price dropped really significant.

I really hope that, i like how you quoted it ''perfection''

Dear Op the idea behind Bitcoin is Decentralization because it is not under any government or institution. With the passage of time, it is getting stronger day by day, I was reading a news in which Bitcoin surpasses Silver and I believe that those days are not so far when Bitcoin will surpass the Gold market cap. Although I have seen Bitcoin surpassing many big companies cap including Tesla the most famous one.

On the other hand, Bitcoin has less risk all over the crypto market due to many factors. Firstly, Bitcoin has won many investors faith secondly, it is a decentralized Digital currency with a big market capital, you will find many more when you do research on it.

Aside from the fact some coins serve as a scam scheme is not necessary to get involve in any new coins coming to the market, the funny part is people hold those coins for long term thinking the coin has potential, in my opinion it doesn't sound nice and especially for newbies, why not focus on bitcoin only and build the investment gradually with the knowledge you've gotten.
Have heard alot of people calling ethereum and other coins but I have never tried such so I can't tell but why not go for bitcoin that has gain trust for years, some investors after making research they'll still come back to bitcoin cause no coin can outshine bitcoin.

We should not invest in every coin because not all the coin will necessarily give you profit therefore greed should be avoided at certain stage as greed can compelled you to use any coin for investment. Newbies are more interested in investment in new coins because they are not familiar with the fact about scam projects. If a person should start investment then there is no better option than bitcoin and Ethereum but if someone wants to initiate with lower value coin then doge, Solana, XRP and ADA are good choices so they should not forget about investment in these coins.

Op you behave said it all. Altcoins are created to support their companies and when people are not using or supporting them the project collapsed or when the investors see that they have making enough money from them then the project would collapsed. And that is how the trend was going on. But Bitcoin was not created to support any company but it stand alone. Bitcoin was created to support the individual for financial freedom from the authorities in the world.

The decentralized nature of Bitcoin make everything very clear that Bitcoin is not for any institution or to promote any company so that the company name will be known everywhere in the world but no. Why everyone goes to or invest in Bitcoin because Bitcoin is a store of value and create wealth for all.

This is the mistake many newbies make instead of investing in bitcoin,  they prefer to invest in altcoins and hodling it for longtime.  Many altcoins has just short life spam in the market.  The reason why people go thus way is because of ignorance,  they feel getting an altcoin at cheaper price and hodling it for a longtime will bring good profits . Bitcoin is the best to invest,  even if the orice if bitcoin surpasses that of altcoins it is still better to invest bitcoin.

Apart from beginners who don't know whether it's better to invest in Bitcoin, most beginners who prefer altcoins over Bitcoin for investment are because they don't have the ability to invest more capital to get Bitcoin. Even though they can still get Bitcoin with minimal capital, they often think about how expensive Bitcoin is rather than thinking about how much better it is to choose Bitcoin over altcoins if it is for long-term investment purposes. But it also doesn't need to be denied because over time they will also realize it themselves when they see the fact that Bitcoin is the best cryptocurrency for investment.

That's right, we shouldn't invest in every coin to make a profit and if we are greedy in investing, of course we will be wrong in deciding the type of coin we will invest in. For those who are just starting to invest, it would be better for them to do research first about coins. that they will invest, don't let them choose the wrong coin to invest so that they lose the money they invested because they chose a coin that will not have a good price in the future.

If we looking for a coin that is reliable, stable (compared to other cryptocurrency) and proven for safe speculation and investment then I do agree that Bitcoin is the only worthy coin to buy, it has been here for more than 14 Years, and the price keep increasing. But out-there there are so many cryptocurrencies that actually has useful utility and dApp, and not everyone buy crypto just to speculate and invest some actually buy it for the utility. The problem would be the number of those useful altcoins is extremely small compared to the shitty ones, so to invest in altcoins we will need to find needle in haystack.

If someone is done accumulating Bitcoin but it shouldn't happen, then that's the time that he can try and explore other investments without compromising his Bitcoin holdings.

Yeah, that's true. Many are open to these matters and exploring with the dApps and even with the staking features that they usually like because it's an opportunity for them that they can't ignore. But it is not wrong to invest only in Bitcoin, in fact, it's the most recommended thing to do on this market to avoid being problematic with volatility.

I actually kinda agree with your statement but you could consider to buy another coin as well but without the company behind it, I think there is an altcoin out there that is built up by the communtiy iike bitcoin ex. litecoin or dogecoin

some of the old coin I don't think there is a company behind it, but today altcoin seems built for a company lets say the new coin like RLB built for gambling site rollbit and add value of the company and almost all exchange today has own his coin

Satoshi has set a maximum limit with a supply of 21 million Bitcoins, its limited supply makes Bitcoin the only crypto asset that I should accumulate as much as possible in my portfolio. Bitcoin supply cap is critical to its value proposition as a mainstream currency and investment asset. Every four years (due to the halving) the production resulting from Bitcoin becomes more complex and ultimately makes it a very profitable investment. The main concept of Bitcoin which is very different from other coins makes it safer for me to collect Bitcoin compared to other coins.

LUNA and FTT have made a great history because no other project has caused losses to investors of this magnitude.  Their position was very good but still this happened to them. Because of this no altcoin can be completely trusted as they can crash at any time.  Bro the only trustworthy coin there is Bitcoin it is never expected to be scammed. Because if bitcoin is a scam, the entire crypto industry will collapse, no one will trust any coin in the crypto industry. Because of this, there can be no such thing as a trusted coin like Bitcoin

Absolutely agree with you. Bitcoin very powerfull now..

It's not easy to choose coins to invest in a new project, and don't be easily carried away by project concepts that have sweet promises that they will come to fruition. but there could be absolutely nothing significant. As the bull season approaches, there are lots of projects with a series of airdrop rewards, this is more interesting to me, the future potential will be seen when the bull season has arrived

Bitcoin can be said to be a guaranteed investment and also secure your money because when you invest there's no fear of losing your money to scammers or exit scam artists as to when you invest in altcoins. You're going to be exposed to more volatility when you invest in altcoins and while with Bitcoin you can be guaranteed that the coins you bought will rise back with the market  as it recovers but that can't be said about altcoin as many of them don't recover from the decrease in price that they had during the bear market.


The number of investors buying cryptocurrency for utilities are very small because we don't have any real world utility yet for altcoins. Bitcoin can be used to purchase items online which serves as a currency but many altcoins aren't been accepted. The other utilities aren't of a global usage yet so why would will be buying just for a utility that's a trend and will fade out immensely another trends comes out.

If all the currencies (I assume you meant fiat currencies) are scams then tether could be a scam too. because tether is backed by Real lif USD. if USD's price disappear then Tether's price will disappear too.
I also think Bitcoin should be the primary crypto we should buy. but I don't think we should call other currencies scams.
and if by the currencies you mean other cryptocurrencies then I would say the same that not all altcoins are scams. there are many good and valuable cryptocurrencies out there which can give good benefits and have actual usecases other than just financial benefits.
and there are so many stablecoins too Tether is not the only one.

Projects that are born just because there is a bull season are usually not very suitable to be used as long-term investments because such new projects that try to create airdrops to attract more people to them are projects that can only be used for a while. Investors who already have sufficient experience in investing will usually prefer to choose cryptocurrency products that are mature enough and have also been in the crypto market for a long time.

Examples include Bitcoin and also several altcoins that are quite well known, although the main priority is Bitcoin if it is for long-term investment. So there is no need to get too close to new projects that at first only make sweet promises to seek interest from various groups, because they still may not be perfectly successful in that bull season.

Bitcoin has always been ahead in terms of reliability. Shit coins have sunk with many people's everything, so many people can't trust it at all. However, bitcoin is very reliable and stable from this point of view. Investing in BTC has no chance of disappearing. Besides it's make the best decentralized eco-system and enforcement the privacy.
So why the Bitcoin should not be the only crypto you should buy? It is better to invest in BTC by understanding the market conditions. Altcoins can also be invested but it is one's personal preference. But if anyone looks low risk and secure investment with good profit then the choice will be always Bitcoin.

The mistake that still happens today is that they try to create some of the same situations by equating shitcoin with bitcoin where they hope that by storing for a certain period of time it will be profitable for them but in the end not all can be like that because indeed maybe from altcoin there are some things that can be used as an option but nothing can match bitcoin so when you try to find an alternative to bitcoin with the same confidence where the risk is minimised just a little then it will definitely be difficult because in the end altcoin definitely has a greater risk compared to bitcoin.
So from this it is important for us to digest in advance what we will do so that you can minimise the risks that are caused later.

First tell me why someone needs to buy bitcoin? Having financial freedom sounds novel but most bitcoin investors don't care about it. The majority of the people bought bitcoin because they heard it makes multiplex profit in every 4-year cycle so they saw certain profit chances and eager to take it. If there isn't anything wrong about it, then buying some meme coin if someone saw an instant profit isn't wrong too. After all its all about making money and if some shitcoin makes money for you, I think you don't mind taking it. Lets keep the risk aside as it's not the same for all.

If I look at Bitcoin, it is not currency but a type of rare item that is considered valuable in the real world, such as ancient inscriptions or anything that many people consider valuable.

So this is the reason I invest in Bitcoin compared to Altcoins, there are many examples of Altcoins that don't last long like the example you said, many even end up being fraudulent schemes. So in my opinion to gain financial freedom in the future, one must become a bitcoin investor because it will generate huge profits if we hold it for a long time so this will be the key to living a financially stable life in the future.

Is possible to invest in every coin? I think it is impossible.  ;D
Sure, not every coin will give profits. Many of them even give the losses because they have no future. That's why we don't be greedy to invest in too many coins. Investing in too many coins won't increase the chance for gaining profits, it even raises the chance for higher losses. Especially if we invest in random coins, new coins, meme coins, or shit coins.

Newbies think investing in any coin will have the same risk. They are mostly interested to invest in the hype coins, they read may media posted it. Because the hype of new coins is quite massively, it attracts the newbies to join the investment. They don't know if the hype coins will be too risky for them. They don't know that many new coins end up with scams.

Bitcoin and Ethereum are the most recommended coins for investment. I exclude Doge for the beginner, it is very high risk to invest in meme coins. Although it is a part of the top coins, Doge will always have no fundamental as other meme coins.

I'm of the same opinion as you, most of our investment in crypto should be in Bitcoin. Then if it interests you as an investor to add some Altcoins to your portfolio, as variety is the spice of life and definitely some altcoins such as ETH will coexist alongside Bitcoin. Then one should go for those altcoins with use cases, and it should be a smaller percentage of your funds, in case the project eventually failed, and ETH is a typical example of an altcoin that worth investing on.

Cryptocurrency are digital tokens.They all simply have thier value in terms of investing and trading.
  The same way you prefer to buy only bitcoin,so many other persons would enjoy to try other cryptocurrency to bitcoin.Bitcoin and other cryptocurrency have grown and existed to serve as a better alternative to different people in particular.

indeed new projects that were just born before the bull season came to take advantage of the good moment where all altcoins were able to do significantly in that season. When bear season comes, the project team secures their assets so they don't get carried away by bear season. Most long-time project founders already know the history of the crypto world by heart

It is because Bitcoin has been gaining traction rapidly since it existed. Whales and Institutions even trusted Bitcoin in comparison with any other digital assets. And no doubt it will still be the only crypto we should buy in the future.

Anyone will go for the coin that works for him because he doesn't mean you invest in bitcoin and get huge profit, if another person try and invest in bitcoin, he can't get the benefits you gain from it, so anyone go for the best coin that can benefit from it, but I believe bitcoin is the best investment because he minimizes your risk from other coins and you will be profitable, that is why most people invest in bitcoin, as for me, if you invest in another crypto and you didn't  invest in bitcoin too I don't think you are good investors because anyone that engage in crypto journey in need to understand that bitcoin is the best to invest and change your lifestyle.

​Bitcoin has less risk than other currencies, but the profit rate here is also lower than other currencies. So people mostly prefer to invest in other currencies instead of Bitcoin. Another reason is that you need a good amount of capital to invest in Bitcoin, because not everyone can afford to buy Bitcoin even at the current price. It can never be denied that Bitcoin is the best investment, but there are factors Where you find it difficult to buy bitcoins

So I think either you should have a good capital or invest in Bitcoin after getting a big profit from investing in other cryptocurrencies. Risk in other coins cannot be ignored, but can be minimized if investment is made after proper research. However, risk exists in every business, but our experience and best strategies help to reduce it, but its reward is also likely to be huge.

The percentage of profit and risk will of course be comparable and this is the case in almost all investments.
Regarding capital, I think we can start investing in Bitcoin with any capital and the advantage or interesting thing is that the very fast movement of Bitcoin makes it possible for anything to happen in the investment we make whether it will be profitable or otherwise and also the possibility of the price increasing in the future is quite large and significant so that it attracts many people interested in investing.

Bitcoin will continue to be number 1, and people will continue to invest & use other coins/tokens/NFTs/who knows what is next. Bitcoin is the most trustworthy, and I agree that people should have more Bitcoin than some alts, but we can't deny the success of some alts, and many alts are here to stay. Anyone can check the charts, many coins have strong support and big communities, so we can say that many alts will continue to grow. And if there's a potential for growth people will invest for sure.

So I don't really agree that Bitcoin is the only crypto we should buy. We should buy & support other projects as well, and not just buy and hold them, it would be great to use them as well.

Since it first appeared, it seems that not many whales have been interested in Bitcoin, because perhaps this is influenced by their ignorance of whether Bitcoin itself is good or not. But after that, as time went by, Bitcoin continued to increase in interest, including whales who liked it because they already knew that Bitcoin was really good and trusted as the best digital asset. And now everyone can see how many people from various circles and professions like Bitcoin and make it a long-term investment.

I am also one of the many people who like Bitcoin and are starting to use it as a good investment, especially now that the price itself is experiencing a correction which makes it very good for everyone to buy it before Bitcoin becomes more expensive again. I am quite sure that Bitcoin's price increase could still occur in the next month, because currently there are many influences that can make Bitcoin's price soar again. One of them is the whales that you said earlier, namely that they will definitely make a lot of purchases in the current correction conditions.

BTC is decentralized coin. Bitcoin is the most secure coin for investment rather than all of shits coin. Tether is a stable coin.  Both are trustworthy.  But the price of both increases in two ways.  And in the case of altcoin, you can invest in it but for a short period of time. Because if you invest long-term money in alt coin, there is a possibility of losing it.  Because alt coin has no stability, it is pumping, dumping and scamming, there is no specificity.

the reason OP is advising people to invest in Bitcoin is because of how safe it is you can not predict what will happen in other crypto markets and it is always very risky because not all alternative coins will survive the entire market, but we all know that no matter how the market turns out to be it will always survive any form of market disorder. an example is what happened with FTX was clear and no one expected it to turn out that way the way it did. and that is why people are always encouraged to invest in Bitcoin your funds are secured if you follow instructions. and anyone who wants to try out new currencies should go ahead and try them but at their own risk. if they succeed while trying then it is good for them.  their phone call. anything they decide to invest in I believe is their money so they can do anything with it.

Ethereum still has good potential today for its class as an Altcoin. This is just about risk, where everyone has their own choice in choosing their risk. Altcoins certainly have higher volatility than Bitcoin, even for some coins with low liquidity, the price is very volatile.

I think owning altcoins for the long term still makes sense as long as the amount of assets invested is not too large. This is suitable for people who want to still feel the euphoria of altseason and btcseason. There is a special pride for everyone who succeeds in hodling until the coins and tokens they own experience a great bullrun.

The investment approach to a new project may be too risky, but one may also try one's luck. I personally would rather avoid than get involved, but someone who is able to weigh the risks and accept all the consequences is certainly welcome.

After all, there are several new projects that are promising and providing good returns to their investors. However, like most other altcoins, this project will be abandoned when there is no development and fails in its market competition. This is one of the concerns about why it is not good to make a new project a long-term investment, but in the short term investors or traders can certainly take advantage of price volatility to get returns.



In my opinion, not everyone chooses bitcoin as a long-term investment because some of us also consider altcoins. It's certainly fine to have both in an investment portfolio, but I seriously doubt that the new project will provide returns worth it with the risk in the long term. That's why I prefer avoidance rather than involvement, you and others may also need to consider that.

Well, I agree with bitcoin and altcoins, but will you limit yourself to those options only? Honestly, I invested in coins other than bitcoin and some altcoins. What kind of coins? Shitcoins, memecoins, or new emerging coins—why? Simply to increase or maximise my earnings or profit, yes, it could be risky or not a good way to invest, but I have my own way of taking advantage of those newly emerged coins. Simply put, if I see a coin that has the potential to stay even for quite a while and see the opportunity to hoard coins and sell them before they drop sharply or drop until the coins can't be sustained, it may seem like a bad move, but for me, it works, so maybe it depends on the investors on how they will find their way in the crypto currency market on how to earn efficiently. If it works for you, that doesn't mean it will also work for you.

it also depends on the capital though if its measly 1 grand , would it suit to invest in bitcoin? i think no, but if invested in other altcoin with prices sub 1 dollar it will have massive value when the price increasing. so really we should also judge based on our own capital, i personally would just try to accumulate money first before even investing in bitcoin knowing that if i just invested a little the profit i will gain will be so little, its unlike those big investment fund company that manages billions of fund and when bitcoin increases by 20% they get hundred of millions already its entirely different thing.
but whats important though, always use bitcoin as some kind of guide to whether to make investment or not, if its dumping its the right time to get in, if it pump well investing might be risky but if youre so sure about the coin then you can always invest in it.
after all, you can always wait until we reached all time high even if we invest now.

Bitcoin is the king of cryptocurrencies. Bitcoin fluctuates at its own pace. Bitcoin does not depend on other cryptocurrencies to move its price. There are many altcoins in cryptocurrency that we consider too risky to trust but we don't consider bitcoin too risky to trust because we have built trust with bitcoin. We can easily rely on Bitcoin and invest as less risky. And Bitcoin has a lot of future potential which is why Bitcoin investment is preferred by people.

in crypto currency I don't only buy bitcoin. if the reason why many people buy bitcoin is because it is the most save. if you have bought it when the price drops, the price is not too destroyed. and because it is the mother of crypto currency, bitcoin will be difficult to scam so it is very safe to use for investment.

Basically there is no power in new projects that are launched because the level of people's trust in the coin does not yet have confidence. New projects are only good short-term investments and that does not represent all new projects but rather one or two of the many that have potential. Experienced investors have two models, firstly they are happy to take big risks to generate profits by exploiting new coins and secondly they are more likely to take a much safer rate in bitcoin because there are not many risks to consider when investing in the long term.

The rest can be analyzed by yourself and all decisions are up to the individual in utilizing new projects or bitcoin. But if you don't want to be involved in big risks, Bitcoin is one of the best ways to invest. Taking a risk on a new project sometimes will not give any results so one should try to exploit bitcoin which has much more potential.

New projects do not promise the future, in some cases they tend to fail halfway and have to pull back. Investors must of course carry out thorough research and analysis before deciding to invest because the risk of failure of a new project is much higher than a project that has already gained public trust. Of course, these are some of the reasons why we need to consider many things before investing, the point is not only to look at the potential but also to consider the risks.

Bitcoin and some of the other top altcoins that have earned the community's trust are certainly better and have more promise for the future. Of course not all altcoins are the same, their potential is different but I tend to believe in old projects more than investing in new projects that are being developed.



If you don't want to bother, bitcoin is the main choice, nothing else.
Bitcoin is also risky, but it has proven to be one of the most promising as a store of value and a currency that has real use cases.

When you mention crypto bitcoin is the first thing you can think of, it is more reliable than other cryptocurrencies to invest in. Other cryptocurrencies are just clones of bitcoin,  this makes bitcoin more superior and will always attract investors to go for bitcoin. Bitcoin is safe to invest unlike some crypto that are not reliable that buying it you may end up losing your money because they no have good market value to last in the market.

There is no reason not to invest in bitcoin. because Bitcoin is the most popular cryptocurrency currently, this can be seen from its market capitalization and value which continues to increase every time a halving occurs.

So I think it is impossible not to invest in bitcoin even though bitcoin cannot be used as a means of payment in my country, but bitcoin is the best investment for the long term compared to other cryptocurrencies. Another reason may be because bitcoin can be likened to the solar system of all altcoins, so it is impossible to invest in altcoins but not invest in bitcoin which is clearly a future asset.

Only a small group of new projects have promising opportunities in the future because most of the ones we encounter fail midway. When we see potential, we can automatically minimize risks such as involvement in Bitcoin, whereas getting involved in new projects has much greater challenges and risks. For investors who understand how to carry out research and analysis, they may consider risk not to be a problem and it also depends on what financial structure they have.

If you don't want the hassle and don't want to be at big risk then choosing bitcoin or the top altcoin is a solution because we can minimize the risks that will arise a little more easily. I also have similarities with you because compared to new projects I see trust in old projects that already have the trust of a large community.

I know this is an old thread, but had to jump in to share my two satoshis.  I am by far a supporter of bitcoin over all other types of cryptocurrency, but there are a couple others out there that have legit utility as well as upside potential investment wise.  I think Monero is the second most legit crypto coin.  Truly private transactions is pretty bad ass, though I don't think that's how bitcoin should ever be (number or reasons).  Litecoin is nice for quick and cheap transactions.  I know Ethereum is centralize and a total shitcoin and what not, but I do still see a sizable bit of upside in that coin.

This is nothing new, almost every time there are new projects. But many people take risks even though they know that the new project has very high risks. It may be true as you say, those who understand how to do analysis and research will take part in the project. However, quite a few of those who are still beginners join because of the hype, so most experience losses on new projects.

Choosing bitcoin as an investment not only minimizes risk, but investing in bitcoin will also create much better financial strength in the future than investing in other altcoins. Because bitcoin has survived for more than a decade, community and public trust in bitcoin is also getting stronger, so it is not surprising if bitcoin is called a rare asset in the future.

Bitcoin is indeed the best cryptocurrency among other types of coins, its growth potential is clear and it has proven to be very valuable to date.  Another reason why Bitcoin is suitable as an investment asset is that its supply is limited, making Bitcoin more expensive when the quantity decreases, besides that, Bitcoin opens up opportunities for new innovations to give birth to many other types of coins.

Bitcoin is basically birthed to other altcoins bitcoin is quite literally the standard we see that a lot of altcoins try to imitate bitcoin’s system and improve it for the better soon enough someone will be able to crack a code and make bitcoin even better but for now bitcoin is the number one and something better than bitcoin is yet to come up

Self reliance should be one of the reason why people should buy or acquire bitcoin, bitcoin has been very reliable in term security and it's devoid of scam, in terms price too, despite how sluggish the movement can be most time, it is better than other coin in terms of hodling, when the price of Bitcoin rises other coin appreciated more than it because people begin to pick interest in altcoin and shitcoin because of the upward movement of the well known digital currency which is bitcoin,  note the reason for bitcoin continue existence might be it's volatility. 

What really happened to Luna and ftt token is a warning ⚠️ that no altcoin is worthy of holding for long except Bitcoin. Just as you said that. We can take advantage from the pump and dump of altcoin. but keep always from long time holding. That is just the pure truth

Until now, perhaps no one will be able to beat Bitcoin in all its potential. As an attractive investment, of course, Bitcoin also always creates growth for other coins.As we know, currently, ETF are also being targeted as investments, which was a surprise when they were officially accepted.Maybe there will be another growth, and we will wait for that, but this will encourage bitcoin to increase further in time.

Over the past we have all seen bitcoin perform among other crypto and it have come through all the hard time they crypto have face and now ETF approval which means it’s have gain more recognition added to the ones it already have, it’s part of the reason why we so much have faith in it and we don’t have anything to worry about like supply increase like altcoins come out with.

I don’t think they’re all fakes believe it or not there are legitimately thoughtful coins out with different meaningful usage the problem is that the fakes are more than the originals, This doesn’t do justice to the hard work done by other owners, Bitcoin is more like a blueprint used in making others because it was the first and also is the best amongst the rest.

I have never bought coins only bitcoin. but many coins such as ETH, BNB, TRX I also often buy.
why people prefer bitcoin mostly because buying bitcoin is definitely profitable if you hold it.
because every 4 years the price of bitcoin must skyrocket to reach its new ATH. because there is a celebration called halving

I don't think you should really go so far as to say that bitcoin is the only crypto one should buy when the industry's got a massive repertoire of competitive and active cryptocurrencies you can invest in and earn money while supporting a noble cause that would propel this industry even further. I say bitcoin's the best for newbies and beginner investors cause you can't go wrong with it. You don't lose money on bitcoin as long as you don't sell you holdings basically. So in theory for those who are not expected to touch their crypto holdings for an extended period of time holding bitcoin is the greatest option as it allows you to earn money consistently provided that you don't disturb it. But as you grow as a trader you're bound to explore more cryptocurrencies and find out just how diverse this industry is, eventually you'll find the real crypto/network that resonates with your trading/investing style and forcing people to just invest in bitcoin rids them of that option.

Plus eventually it's been found that stunting the growth of an industry in exchange for gentrifying a single asset leads to the death of that particular industry. So why would you risk doing that?

While I understand the appeal of Bitcoin's stability, "only buying Bitcoin" might be an oversimplification. Our investment goals and risk tolerance play a crucial role. For those seeking short-term profits, well-researched altcoins and tokens can offer high potential returns, alongside Bitcoin. However, thorough research and understanding of the risks are essential before venturing into any altcoin or token territory. Bitcoin remains a safer haven, but it's not immune to market fluctuations either. Therefore, exploring other options with strong potential shouldn't be discouraged. Who knows, we might stumble upon the next big thing in the ever-evolving crypto landscape! Diversifying with calculated risks and research can open doors to potentially higher returns beyond just Bitcoin.  ;D

It would be far more wrong when people took a big risk but they did not understand how to do an analysis and research because relying on hype in new projects will provide losses for anyone. Those who know how to do an analysis and research also do not merely take an approach to new projects and surely they will consider many things. For beginners who rely on hypes in new projects will be quite risky and that for people who are experienced are also the same, the difference is that experienced people are ready to risk that will be produced.

Bitcoin is far superior to other coins because the power of Bitcoin in long -term is far more convincing us to put money in it. Bitcoin is also able to maintain the value of its investment even though the market trip is experiencing ups and downs, because it is related to the four -year -old cycle that opens the opportunities for Bitcoin to produce maximum profits if invested correctly.

I agree with you because crypto is decentralized, what's more, bitcoin is not tied to the government or anyone else and satoshi can't even make bitcoins, plus I think it's just purely tied to a computer network without a third party peer to peer, that's why we have to buy bitcoin. Bitcoin is also flexible to carry everywhere, just memorize or remember the seed phrase 12 words, we move countries, our assets all move, how flexible BTC is if you take it anywhere, it's really worth it to buy BTC with its features and uses.

Other cryptocurrencies? Nah, all of the alts are just a copycat of bitcoin. They are all created because they saw flaws with bitcoin as a currency. The problem with scalability, the transaction fees and speed, all of these flaws are the feature most of the early alts have been used to sell their product in the market.
A few of them have succeeded with the utilities. However, they just can't dethrone bitcoin as it is the mother of all crypto and one of the major basis of all the value of alts in the market.

bitcoin is the king of crypto for now and every 4 years the value of bitcoin will definitely increase, and not only bitcoin we also have to look at several other potential coins as you have mentioned ETH and BNB are indeed good coins for us to invest in so before the halving happens we You must have these coins if you want to get big profits, now is the time for us to collect these coins if we have large capital because soon a burr run will occur.

Bitcoin is just a meme, and there are a lot of memes out there. Technically speaking, Bitcoin is roughly the same as all of the other cryptocurrencies, and vastly inferior to Haypenny currencies (https://haypenny.net/whitepaper.html) which is a digital currency platform that can actually scale to handle the world's daily transactions, e.g. millions of transactions per second and tens of billions per day.

Brands/memes come and go. The "Bitcoin" brand might be hot now and for the next few years, but it can fall by the wayside in the same way other brands have like Jordache and Members Only--or maybe it will endure like Polo or Izod. We'll see.

But one thing is for sure, there will be lots of other brands out there in the future that will become red-hot and they will give investors opportunities for massive gains...

No. From what you said I believe you still need to go and read the major reason behind Bitcoin's creation and the concept used to create it.
Bitcoin is never a copycat of any cryptocurrency, or create based on a joke to serve as a shitcoin.
The foundation of meme coin is created based on jokes, and copies of other crypto concepts backed with some dividend to catch the attention of naive investors.

Technically, Bitcoin is different and it's the only true decentralized crypto we have in the market so far.
Now I understand your purpose make the above statement just to make this shitcoin you posted look superior.

When it comes to investing in cryptocurrencies , the first thing you need to know is the history  of crypto . Bitcoin is the first cryptocurrency that is known by almost four billion people in the world. Moreover, we have seen that Bitcoin has no founder . Satoshi Nakamoto, the founder of Bitcoin, has long since disappeared. Bitcoin is known as a system governed by a mathematical algorithm. Its universal value and transfer protocol are all managed through a decentralized currency system .
We saw the bull run start with Bitcoin . If Bitcoin can increase in value then all coins increase in value.
So I think you should invest in Bitcoin first before investing in crypto..

I know the original reasons behind Bitcoin's creation, but nobody uses Bitcoin that way nor will they. Bitcoin is far too slow and expensive to be a viable means of mainstream transactions. It couldn't handle even 1% of the world's current credit card transactions, let alone multiples of it as you would need to truly make it a replacement for today's worldwide transaction load.

And if Bitcoin isn't "the future of money", then it's just a meme. There's nothing wrong with that! Bitcoin is a powerful meme with a lot behind it, and lots of people know about the name, so they will invest in it.

And Bitcoin is the only decentralized crypto? So other cryptos like Ethereum and all of the others are "centralized"? Are you sure about that?

Dear, there are many reasons behind buying or investing only in bitcoin is that it is only the strongest digital currency out there. If we talk about the current scenario Bull run is on the way and is halving is too near where bitcoin can make some price correction which will give buying opportunity to the investors it is saying that bitcoin will reach 170000$ in this bull run because there is many positive news in current time which bullish to investors to buy aggresively. DYOR it has less risk as compared to other altcoins.

If you know it, why you said Bitcoin is a meme? Bitcoin was created as digital currency. In some countries, it is already a digital currency, right?
Sure, it needs time to be accepted around the world as a global currency. Accepting it isn't as easy as you think, each country may have a certain consideration. But gradually, Bitcoin will have better adoption as a digital currency to use in varied transaction.

It is not a meme even if it can't be a global currency. Some people already used it as a digital currency. It will be a meme if it can't be used as a digital currency at all at any where in the world. You pointed a wrong coin if you refer to a meme coin. Why don't you mention Doge or SHIB?  :-\

If Bitcoin isn't a decentralized coin, then what Bitcoin is?
Explain it more clearly, mate! Don't just ask a random question.  ???

Of course Bitcoin is a priority in investing in crypto, because Bitcoin is the king of coins, apart from what you have mentioned, Bitcoin's fundamentals are also very bright in the future and of course Bitcoin is a rare asset. Moreover, the 2024-2025 bullrun is the 4th bullrun in a 4-year pattern. So maybe the increase will be very large.

However, for those who are laymen, don't be quick to make decisions before studying well. Because BTC movements are very significant. But remember, BTC is the parent. When BTC goes up, altcoins usually go up too. What we often understand before deciding which one to buy is understanding the research on the coin we are going to buy. Maintain DYOR and money management.

I said that Bitcoin is not used as a currency, and it's not. And no, there is no country in the world where they use Bitcoin as their primary means of transactions, and even the tiniest country on Earth would be a thousand times the transaction volume of what Bitcoin sees today.

There are plenty of countries, including the USA, where Bitcoin is legal to be used as a form of payment, but you can use stock shares, or gold, or cigarettes (like they the do in prisons) in the same way.


I think of a "currency" as something that can be used for mainstream transactions e.g. to replace what the US dollar or other sovereign currencies do. Bitcoin can't do that.

And you are right, DOGE or SHIB can't do that either. In fact, nothing based on the blockchain architecture can scale to the level of being a real, mainstream currency.

Bitcoin is based on the same general architecture as DOGE and SHIB, the only real difference being that Bitcoin is a more popular brand name (meme, if you will) than those others.


The poster had said that Bitcoin was the only decentralized cryptocurrency. This is false. I was trying to be nice :-).

Bitcoin is a widely adopted currency with a large community. It is also a king that has revolutionized the consensus model and served as a role model for many currencies that followed it. It is a store of value, and as such, it sets the balance and direction of the market. There are many features that distinguish Bitcoin from others, but these are the first ones that come to my mind...

i support you, bitcoin is one of the crypto assets that every investor must have, but those who hold bitcoin must have good knowledge of the history of bitcoin so that potential losses can be minimized.

many economists say that diversifying assets into several will reduce the level of losses, but in my opinion, in the crypto market, it is difficult because only a few assets are worth buying, the rest are just trash tokens, most of which make investors lose because their value only rises based on hype, not real use.

If you think Bitcoin is a meme then you don't understand it and have never tried to understand it. I would never trust a project being shilled by somebody so clueless.

Bitcoin can also scale to handle billions of transactions if you just run it entirely on AWS. Doing that requires more trust and less censorship resistance as well as other tradeoffs that are contrary to its core principles.

Besides that, the price has a higher percentage in the future, making Bitcoin a good choice to buy and also store so that you can make a profit in the future.
what happened in the past is a strong enough reason that this will happen again. Bitcoin prices are always able to recover even though deep corrections occur, so I think there is no need to doubt anything.

If all you had to do is move Bitcoin to AWS and it would scale to the level of a true currency, don't you think they would have tried that already? It's been over a decade now. It sure seems like this scalability problem would be solved by now if it were actually possible.

Or maybe it's a limitation of the blockchain architecture. But what do I know, I'm just a software architect with over 30 years of experience in mission-critical ultra-high-scale systems...

There is nothing wrong with what you said about bitcoin; in fact, bitcoin is proven and tested when it comes to the long-term and even the short-term if you have an idea and know how to trade in crypto.

But for me, it is better to use USDC than Tether as stablecoins, because I also have no other choice when I do a P2P transaction with USDC to our fiat here in my country.


Seems like bitcoin is too far from the meme? well whatever your deep base is, I think the understanding in that matter is wrong,
and that is not true.

Besides all that you've mentioned about other crypto being bad and always being abandoned by their developers, I believe that the biggest reason for why it's always bitcoin as your only investment is because there's trust in bitcoin already and while others are still establishing it, bitcoin's already got one and it's a solid one already plus it's always a guarantee that you'll make money in bitcoin if you hodl long enough.

Bitcoin support is a discipline, not a hobby. Knowing its history is essential. Knowledge alone isn't enough. It's the application that counts. You mention limiting losses? Exactly. But it's not simply holding - it's understanding. A firm grasp of business, technology, and, yes, hype

You say diversification? Right, risk management knowledge from the past. This is where we differ from traditional economists. Crypto is about deliberate choices, not broad coverage. Most tokens are hype-driven and worthless. But ignoring the market? We need a reality check there. Gems are concealed among rubble. Discrimination, seeing potential beyond the hoopla, is crucial. Always with Bitcoin as the anchor

Bitcoin isn't the only crypto project that's not bullshit, and it's not the only one you should buy, many people see usefulness in other coins like Monero, it has it's useful utility, something Bitcoin isn't made of, and that's privacy, Bitcoin is good at one thing, decentralization and Monero is good at one thing, privacy, there are others that are as good as these two too, like Litecoin.

These coins are now crypto OG projects, they are old and stronger than most new crypto projects, but we can't always stick with the olds, new innovations need to be baked, maybe we will have something better? But for the fact that any one can just build anything in crypto space today is the most scary part, for safetiness it's better to stay with Bitcoin but if you are the type that's looking for something new then you need to put in more work.

You can buy Bitcoin and sleep on it, for many years to come you will meet it where you kept it, but you can't do the same with new projects, that's even if they survive for so long, and also maintain good value too, too much worries and headache here, so yes Bitcoin is just best, and the most reliable digital coin.

well, I think this topic should be in the Bitcoin discussion section. On the other hand, you said very well, Bitcoin is the king of all the projects/currencies trading in the market and besides all that bitcoin has a good impression on the crypto market because when the price of Bitcoin starts to pump then the price of other projects starts to pumps that use bitcoin network as well as those project also show some positive movement that does not use the bitcoin network

You do not have to buy it all, you could buy like 0.01, there is a reason why we invented the denomination called satoshi, so instead of buying 50 bucks worth of alt, go buy bitcoin. Sure it may not give you a huge return, but which one is better, buy some fifty bucks worth of alt that will make it zero, or buy bitcoin and get to 100. Sure, that will not make anyone rich, you are not going to retire off it, but at least it will go up, whereas alt will not, or at least may not.

The big possibility of alts turning out to be scams are the hardest part and we should avoid that as much as we possibly could. I believe that the best thing to do at this case would be just making sure that we are dealing with a problem, that would not be all that obvious.

I don't agree with you about knowing the original reason behind Bitcoin's creation. None of the people who know the genuine reason for BTC creation once tagged it as a meme coin just the way you did.
Having said that, I believe you're among the nobody who didn't use BTC the way it is supposed to be used

With this statement, you still claim to genuine reason for BTC creation the purpose issue like this was discussed when Satoshi announced BTC to the public. If the transaction is slow and expensive. Why not use alternative means like LN?

 BTC was not created to compete with credit card transactions or to be the world's mainstream payment.

This technically means you have zero knowledge of BTC as a whole and there's no point opening your eyes to the real intention of BTC and it not being a meme coin.

Look, I get that my use of the term, "meme coin" triggers people, so I'll stop using it.

I merely meant that Bitcoin's primary value was based on it's brand, which is very plain to see when you compare it to other cryptocurrencies with the exact same technical specifications as Bitcoin and yet have only a tiny fraction of Bitcoin's value.

If we talk about privacy and usage purposes, you are right that there are only a few cryptocurrencies apart from Bitcoin that are private, decentralized, and secure. However, if we see from an investment perspective, there can be many more that one can use for short-term investment purposes to earn a small percentage of profit on every trade.

Talking about Ethereum, it might be centralized, but we can't ignore the fact that thousands of projects in the industry are running on top of Ethereum blockchain which makes it one of the most trusted cryptocurrencies in the industry which makes it a good option for investment. There are many more, a small research and you can find a bunch.

Bitcoin is one of the few crypto platforms that will provide you with a safe investment. And if you invest here you can rest assured that if you hold it for a long time you will get a very good profit. That assurance no other crypto coin can give you. So it is definitely wise to choose Bitcoin as a strong investment. Altcoins have been seen to crash very well and with high volume but this has not been the case with Bitcoin so far. so Bitcoin must be trusted and invested here

"Should" is a strong word and I would say it may take a while. I get that some people may have some doubts but that is not really the case, I do not suggest anyone to have these kinds of musts and have to's, because that would only hurt you. Be more dynamic when it comes to asset management, and yes Bitcoin is by far the best investment anyone can ever make, but that doesn't mean that you should never even look at other things, just look at them and if you think that they are not good enough then you would not do it at all.

I personally believe that the best thing to do at the moment would be just realizing you are not going to end up with a strict mind, sometimes you will test stuff, and just let yourself have the chance to test things sometimes.

It's normal for everyone to say, as you say, that buying and investing in Bitcoin is the best choice because Bitcoin is well known and very popular with all investors as an investment that always provides the best for its holders. It's true that the halving period is just a matter of time, and it is a sign that bullish times are coming. and bitcoin will increase and altcoins will move following bitcoin's movements, so of course this opportunity should not be missed if you don't want to just be a spectator where those who have investments enjoy the profits.

because bitcoin is the most trusted coin. why yes because bitcoin was the first coin to be born. and almost all of its trade coins are paired with bitcoin. with very high trust if you want to invest safely and comfortably, only bitcoin if you invest in crypto currency. but if you want big and big profits, invest in altcoins because the price movements up and down are very wild.

The problem with only investing in bitcoin is that it's pricey for some people so there's others out there that would be willing to risk it all for some unknown token hoping that they've invested on the next bitcoin or Ethereum and that's why the scammers and people that do nothing but scheme to steal other people's money use that fact that people are risking their money for the chances of getting the next bitcoin. I do agree in a sense that bitcoin is the only thing that you should buy but if you've been in the crypto space for a really long time and you don't mind burning some money, maybe it's worth trying to buy some but still do your due diligence of researching about the company.

I don't agree that only Bitcoin should be bought as an investment; there are many potential altcoins in the market that are even better to invest in and hold so that you can earn a lot of money in reality. Although, when it comes to long-term, proven and tested Bitcoin, even other altcoins like ETH, Bnb, Matic, and others are in the top market listing.

There are many opportunities in cryptocurrency, not only Bitcoin, and most of the community here in the field of the crypto industry knows this, to be honest. For me, Bitcoin is good if you can buy more than one Bitcoin, but if there is not at least 0.5 of it in the coming halving or bull run, I suggest that it is better to shift the investment to altcoins because they are bigger. the chances of us getting a profit.

Well, altcoins are very vulnerable to price movements just like BNB last time when the CZ stepped down we saw BNB drop for more than 10% but after that the FUD slowly faded and BNB regained its strength again. unlike Bitcoin which needs like a big movement to make a FUD so Bitcoin price goes down like a country banning Bitcoin, an exchange getting hacked and shutdown, whales selling their Bitcoin, etc.

The OP said like that maybe because he got scammed with many altcoins so he was frustrated with investing in another altcoin, what we should learn here is that we should be ready for anything that can happen in crypto since no one guarantees our money also not investing in one instrument is one of the way to prevent all our capital lost in one investment.

There are a lot of really bad, potentially & often subsequently proven to be, shitcoins. I am literally over 95% Bitcoin (not including my home & other real estate). I have a relatively small Ethereum allocation & even smaller stash of shitcoins, just for shits & gigs. I do mostly agree that Bitcoin is the only coin worth having & I’d go furtyer than that. Bitcoin is preferable to mostly all stocks & traditional finance products.

You have many points that align with mine, but I have to say that you confused me with a few of your points, perhaps, they are merely mistakes. One of them is the Ethereum remark of being a centralised cryptocurrency. This can only be a mistake, or maybe you should clarify that to avoid people, particularly the newbies mistaking it for something else.

Regardless, you are saying what is right, Bitcoin has a whole lot of good functions and reasons for anyone to want to invest in it. But at the same time, we look beyond this, this is even as the investment purpose is the main goal here unless people fake it. If I ask you, why do you think that people are investing their money in Bitcoin and other cryptocurrencies, is it not for the money? That is why money is the number one priority here, then decentralization, safety and others will be secondary. Many people who were talking alone about Bitcoin before on the forum are now talking about altcoins as well as ways to invest their money. While many will continue to fake it in the open but are actually investing heavily in altcoins.

Owning to this, one should know that our agenda and purpose for dealing with cryptocurrency is the money, and when there are many alternatives to Bitcoin that can earn investors multiple of what Bitcoin would earn in just the same period of time, won't they wisely and smartly opt for them? I think this settles it. This is unless the person is just a core ardent supporter of Bitcoin and an extremist about it. And this set of people are the ones who bought it when it was so cheap, so what do you expect?

There is no reason to buy cripto.Ever since it first came into the market in 2009, cryptocurrency has created a huge stir among a class of people. By the end of 2022 the exchange value of one bitcoin rose above 60k. Currently the price has come down but it is standing around 46k.

But when Bitcoin hit the market in 2009. Its price was almost zero. That is if we consider the current price of Bitcoin the price of this digital currency has increased almost 40 thousand times in the last 14 years.

Now the choice is yours.

For longterm yes, but there is no harm in edging into alts to be able to buy more btc. Most people who invest on alts are just short and mid term investment in order for them to get the funds to invest on btc for long term.
There is money to be made in both sides and if an investor limit themselves to just one side then they will likely miss out on huge opportunities.

There are many things to consider before going into crypto in full, you should first of all research the best accessible and trusted crypto in terms of transparency and decentralization, note Bitcoin is the most trusted and popular crypto but I don't like calling Bitcoin cryptocurrency because I have always have a thought that bitcoin has numerous coin in it that may be found later, the popularity and investment of individuals in Bitcoin can not be compared without other coin, my question is that can someone invest in a coin that he doesn't trust the answer is yes but the possibility of such incident place is slim, so people invest in bitcoin because of trust and it's decentralized nature, I consider profit as the secondary factor.

In a pool of thousands of coins you expect to have some bad players especially that this industry remains unregulated which means any Jim and Jack is free to have their own token and try their luck if it will be relevant in some way.

And the fact that these tokens we have today serve different purposes, I think it's unfair to compare them to Bitcoin which has naturally been accepted for its  multipurpose use...but then again if you think about it these coins can be used for more than their utility use , and can be used as a digital currency and other uses.

The named tether has a sketchy history if you dig it up, and for Bitcoin in some circles some people will tell you it's speculative and built more like a pyramid scheme...but at the end of the day we support coins that we believe in air whatever reasons and no one should hate you for it as we are entitled to our opinions.

No one claim to buy the bitcoin but due to the unavoidable bitcoin demand in the market,the bitcoin was traded with various price and sell to the good market cap.Other cryptocurrencies have their good and bad impact in the market and the market was unpredictable to the other coin.But the bitcoin was used by all the new traders,they have knowledge or not in the cryptocurrency.The investment was made in a way of blind buying of bitcoin with various price.Because many of the experienced traders know the value of the bitcoin,they easily sell the bitcoin at the next pump in the price of bitcoin in the market.

Terms like that actually don't matter as long as they are used correctly, because for me as long as they are not Bitcoin. So the crypto asset is an altcoin, so the term might be more appropriate considering that currently there are so many altcoins that are trying to equate themselves with Bitcoin. Even though they will never be the same as Bitcoin, moreover the value itself is very different in the eyes of many people because Bitcoin is the only best asset in crypto to date.

Investing in Bitcoin is indeed a lesser risk than investing in altcoins. FTT and the rest have betrayed and messed with people’s trust but know that there are still reputable altcoins out there. One bad doesn’t mean everything is messed up too. What we can do is invest with caution (what you can afford to lose), and have an open mind that anything can happen as you can’t tell the future. Or you can simply invest in just Ethereum since it is see as the leader of all Altcoins and it has watched many altcoins get created and get destroyed too.

Investors' high confidence in Bitcoin makes its reputation unrivaled to date for any investment, in my opinion.agree that comparing the risks of bitcoin and altcoins is clearly not comparable. There are still many altcoins that are misleading and different from bitcoin, but until now they are still the most trustworthy and clearly have minimal risk. But there are also many altcoins that are good, have potential, and so far have been able to move at the same time as bitcoin, like ethereum, which is often called the king of altcoins, and bnb, which is already in the hearts of investors.

My coming into cryptocurrency has been very short-lived. I have been watching the ups and downs of various digital currencies over the past few years in cryptocurrencies. I have seen this from my short time and experience and statistics from the past years - many digital currencies have come and gone. But Bitcoin is a stablecoin that has never experienced such a situation but may have lost some value. On the other hand, Bitcoin has given us a lot of profit. So what I can say from my short judgment analysis is that Bitcoin is the only currency I should buy and invest in given time and opportunity.

Bitcoin's stability and technological advances inspire investors' confidence, not merely trend-following. While beneficial, Ethereum and BNB exist under Bitcoin's shadow.

Bitcoin's excellent network security, widespread usage, and market maturity reduce risk. Trust matters, but so does resilience and a time-tested structure. Yes, altcoins have potential, but even the king or investor's sweetheart, must follow Bitcoin's lead.

Diversification is important in personal finance, but don't confuse it with speculating. Bitcoin is the foundation for decentralized financial sovereignty and value. Investment and statement against existing financial systems' instability.

because in my opinion Bitcoin is the only cryptocurrency that is not controlled by anyone and only Bitcoin has that special thing and Bitcoin is the oldest coin and is called the king of crypto currencies. You may not buy altcoins but buy Bitcoin for your future.

     Based on OP's question, I don't believe that we should only buy bitcoin to make a profit; we all here have the freedom to buy crypto that we think can give us profit, even if, in the eyes of others, it is a scam or not.

     Because of the reality that is actually happening, whether it is bitcoin or another cryptocurrency, we can actually make a profit. And in fact, the chances of us getting big earnings are even greater if you can find potential altcoins in the market, in my opinion.

That is a good perspective for sure and I dont think that it's a bad one, I mean in the first place Bitcoin is the safer investment that you could make in the cryptocurrency space that's for sure, cryptocurrency is a very risky investment and not investing on Bitcoin compared to other alternative token for sure is not going to end well for you. Personally, my investment for sure consists of the huge amount of Bitcoin because that is where I could increase my chances of profit, also just like I said it is the safer investment that you could make, Still it would depend on the trader itself since we do have a different strategy in the cryptocurrency space and investing only on Bitcoin wasn't going to be a bad idea, but not everyone is going to do that for sure, I do invest on other alternative tokens in the market but I make sure that it is a really low percentage of my portfolio because this alternative token has a high risk compared to Bitcoin investments.

I wouldn't totally going to agree with it, because if you are going to look at the possible profit that you are making in the altcoin market, for sure you can already see that over 1000 percent of profits can be made on this market, and that is something that you could take advantage off, I mean as long as you can control and limit your investment there I think you could make a worth it an investment with minimum risk, high return with a very low risk so it's going to be worth it investing on it.

Most of these altcoin tokens doesnt really have some kind of use on them, so I wouldn't personally do it, especially in the long term because for sure it's going to drop its market price and its volatility is very high compared to something like Bitcoin. I would just treat it like gambling, as a trader you could have some spare money that you would like to test out and see, gamble it on something like a MEME token, and as long as its a money that you could afford to lose, that's not going to be a big deal you could easily recover from it in case you lose the trade, or possibly you could hold it long term as well since your not really going to lose unless you sell that token, so why not see how it going to turn out.

Although Bitcoin is considered the most popular and dominant digital gold. And it is also a safe investment because the risk is small and good for the long term which will produce lots of profits, and that is one of the reasons why many people or investors should own Bitcoin. Because Bitcoin is better, other than choosing something else.
Because actually this is not the only cryptocurrency worth investing in. You can look for many other crypto assets that may be more profitable such as Ethereum (ETH), Binance Coin (BNB), Cardano (ADA) and many more. And it depends on your expectations from investing in this industry.

You can invest in other coins/assets in crypto but since we all know that bitcoin is the mother coin of crypto, they will definitely invest in bitcoin especially if their prospect is a long term investment or the money they will use for their investment is limited. Bitcoin has shown stability especially now that its value has increased even more and if there will be a correction in the market movement, some holders or investors will be satisfied that this digital coin will not fall to zero value.

Quite good and relevant, indeed, In crypto investment, preferences, goals and investment strategies are definitely different, whether a small, large or medium investor really has the right and freedom to choose what assets to buy and invest. What we have to ask ourselves by looking at market behavior is why those who have large funds always target buying BTC and not others.

Yes. they call it an investment strategy and this is their goal. Even if the market goes down, many people don't want to bother because price reversals always occur in the market and that is also normal, but for Altcoins I still have doubts there is a lot of drama and you can see their performance when the market is dominant is going up and how many people are losing assets.

Apart from that, Bitcoin is a digital asset that can be used as a long-term store of value, similar to gold and it is projected that its value will always go up and up and in fact, currently many large financial institutions are starting to step in and buy BTC as part of an investment strategy.

You are on the right point op. Bitcoin is not managed by any company. It is decentralized and created to use Bitcoin as a money alternative and it is very popular now and it is unlikely that Bitcoin will fail in the future. so while other cryptocurrency coins cannot be trusted, Bitcoin can be blindly trusted and thought of as a strong asset and invested in. Those who invested in Bitcoin even 2 years ago now have 4-5x increase in their money.  Do you think any other medium or way can give someone such profit?

Well it always depend on your choice since if you can explore and take the risk of buying some alts and trade it then its fine but remember that chances of losing is huge since altcoins is unpredictable so provably we can see a lot of pump then also dump schemes there. But if they want to have less risk and less to worry about then they should only go with bitcoin especially if they can't do trades since they are busy person then bitcoin investment like hodl it for many years will be good for that type of investors. If we look at the price history of bitcoin we can safely say that all people who hodl bitcoin are lucky to earn a lot of money for just believing the strength and potential of bitcoin.

I think that Bitcoin has been around for a long enough time to be considered extremely trustworthy. One cannot make the same claim about other cryptocurrencies. Secondly, Bitcoin is open source. Which means anyone can take a look at the inner workings and draw their own conclusions about the reliability of the technology. And thirdly, there is no person or organization which could claim or manipulate Bitcoin for their own profits. It is total freedom.

Perhaps it is not right to disparage all alt-coins. Some alt-coins make you a lot of profit. As Bitcoin is the best cryptocurrency, comparing alt-coins with Bitcoin is not fair. Decentralization system is it's main basis.If you want to get more profit from bitcoin, you have to invest and hold for long term.

Bitcoin don't break your trust and in both lower and higher price it is beneficial as lower price gives us a chance to buy and accumulate more while upper price is suitable for selling so I think there is no better asset than bitcoin. Bitcoin is consider as a king and it has proved that yes bitcoin is king because every other coin move according to it and it changes the cost of all altcoins with its adopted pattern.

While other coins will feel you terrible situations because they are not easily trusted and also they disappear after pump for a while. I think there are also lots of others coins but we cannot make good profit from them as we don't know about their nature while bitcoin success can be identified by keeping history with us.

Although it is not appropriate to compare Bitcoin with all altcoins, this has also started to happen since many altcoins started to appear on the market and became known to many people in the crypto industry at this time. I also think what you say is not wrong because investing and holding Bitcoin for the long term is a basic step to find better profits through Bitcoin, but altcoins will still lose out when compared to Bitcoin because they will not be able to surpass the Bitcoin system until any time.

Although Bitcoin is the King alone in the Cryptocurrency World and there is the thing/fact that Bitcoin is not so much popular as it should be like many of people still not aware of it, have no knowledge of it and you can see without too much popularity where it stands today. On the other hand, Just imagine the day when everyone wants to invest in Bitcoin, want to learn about it, and start its adoption in many aspects of life bitcoin value will increase even more.

Many Government opposes its adoption they consider it as a threat which in my point of view their foolishness and I came to know about one news that El Salvador's President has announced that the government will keep buying Bitcoin till the day it is unfordable to buy. Through this, you can imagine its coming potential, There will be a time when everybody will desire to own a Bitcoin but they would not afford it so those who are its early holders/adopters will have a good advantage of it on that day. It sounds like there was a time when a black man was saying to buy Bitcoin when it was trading at only $1 and after 10 years you can imagine his total net worth. So be an early bird for Bitcoin. DYOR!

I agree that Bitcoin is purely decentralized, no one controls Bitcoin. Bitcoin also becomes the number 1 crypto coin for a long time and no other coin is likely to compete Bitcoin. It means Bitcoin is the only special coin that become the mother of all coins in the world. Bitcoin also becomes the most pairing coins in the market. With these facts, I can understand if some people want to focus on Bitcoin investment only.

However, I think we don't need to rule out altcoins, they also can give us good profits. Although many altcoins can't be trusted because of weak fundamentals and easy to change their trends, but there are already many people who succeed with altcoins. Sometimes, we need to have addition investment to optimize the profits. If we have an intention to gain more profits, I think it is not a bad idea to invest in safe altcoins, too.

I don't agree with that at all and time has proven why that is wrong. Bitcoin is the coin that should occupy the biggest place in the portfolio, that's for sure. But for portfolio diversification, you need to have solid altcoins. Otherwise, you miss out on the big rises in the bull season. Many people who have seen the recent rise of altcoins and look behind them are sad to see what an opportunity they missed. I'm not saying to buy crappy altcoins, but definitely keep the solid ones in your portfolio, don't regret it later.

Portfolio is mainly for elite groups and important for top whales in the system. The market is not guaranteed, you can become a pro trader and still liquidate account because no one have a clue about the next phase of the crypto market. Perhaps I'm keen on been on the safer side, just invest for long and short-term because these projects will not just pump but takes gradual process. Bitcoin have been in existence in the past decades, unlike other altcoins that are newly introduced into the system, it's been really a tough time to be patient with bitcoin till this very phase.

Yes Bitcoin is called the king of crypto currency coins because its value and popularity is much higher than all other coins. Bitcoin is the first choice coin of many investors due to its high popularity and high value. The popularity of this coin is spreading all over the world to such an extent that not only individual but also national investment in Bitcoin is going on.

It may be a personal choice as many people invest in many coins at once but everyone has a different investment plan. There are many who feel most comfortable investing in Bitcoin alone while there are many who prefer to invest in Bitcoin along with many other cryptocurrencies Coins.

Bitcoin is decentralized and it won't be fair and proper at all for bitcoin to lose its genuineness and confidential feature just like that.In essence,bitcoin,amongst all other cryptocurrencies has proven to be different and free from all fraudulent activities.And i still find it diffucult to understand why people will still and always want to determine the value of other cryptocurrencies knowing full well that they're not bitcoin.It is people that  unfortunately get themselves involved in bitcoin that are scams.They'll prefer the investment that comes to easily without making enquiries about what they're trying to get themselves into.They could be good cryptocurrencies too,but they seem to have failed in the process.Investment is a choice,and the investment platform is another choice and bitcoin says it all,so let's all be guided.

I am telling from my personal opinion why I depend on Bitcoin and want to invest in Bitcoin.  If you see Bitcoin.  If it will bring you profit all your life then you are fooling because all marketing is bad or good.  Because it is normal that the price of Bitcoin can go down in bad times because the stock market depends on the market share market If the stock market goes to your country then it is normal that the price of your Bitcoin will go down.  In that case by the holder who keeps them firmly in one place then the chances are much higher.  Of course, if everyone sells their bitcoins or they don't lose their F bitcoins, the market will either have a bit of a ten or a bit of a problem.  But I have never been disappointed by investing in the selection because it can be trusted without a doubt.

I don't think that its total freedom in Bitcoin. The market is well controlled and settled by the big investors that play in the market according to their needs. Crypto is well controlled in every sector there are giants sitting out there who have huge amounts of investments and they play with the trends in the market.

When they invest large amounts of assets into the market the market pumps and whenever they take their investments out the market drops. Small investors like us always need to predict whether they'll hold the investment or they'll take out the investment after that much period of time etc. The other two points you mentioned are true to some extent but I don't think so that's freedom in it to that sense

Countries that are legitimizing Bitcoin as a legal currency are economically down when the price of Bitcoin falls. But when bitcoins pump, those countries go ahead economically. Even if the price of Bitcoin drops, it recovers very quickly and that is why it can be easily trusted without any doubts. However, some countries are not yet legalizing Bitcoin because they are not yet financially and technologically ready to maintain it. But I think Bitcoin will be used as a legal currency in all countries in the future

Naahh.. That is not likely going to happen ever, the reason why a country will migrate its economy into the hands of the Bitcoin community is that governments control the economies with their policy to maintain the demand and supply and with Bitcoin they cant do anything, on the same time its just myth that Bitcoin will be every used as the primary currency of any country.

On the reliability fo Bitcoin there's no doubt but you should always be ready for any type of circumstance when investing in Bitcoin as you can remember the FTX and Luna crash, and that is not like today's market is falling and it's confirmed that after a day it will shoot up, sometimes the whales test your patience psychologically to accumulate more in cheap.

As we know. holding BTC for a long time but for better policy
just use Bitcoin
especially for beginners but l don't fully understand that saving bitcoins may be a fear of long-term loss
but immune to the pressure
that occurs

You are actually right on Bitcoin, their is no substitute to it when it comes to digital currencies, but you mentioning tether as one of the very best is wrong to me, because tether is just like our fiat, besides it's peg with the us dollar, so it can't increase in value overtime, and it can even be eaten up by inflation due to it stable nature.

It's a good thing that as a newbie, it's best you focus more on Bitcoin than to trade any of this alt or shit coin that would make you lose your hard earned money, so it's best you be on the safer side than gambles on most of this alt or meme coin.

In my opinion, why must bitcoin the only crypto should investing because the holder of bitcoin not dominance by personal difference with altcoin where developer and their teams hold more than 50% of altcoin supply. Bitcoin holder separated all and most of individual holding around few percent only can't change dominance such as altcoin with holder most of developer than investor.
Bitcoin future depending on the holder and worth it no body can't make bitcoin dump drastically such as altcoin with easily manipulated price by the owner or their teams.
There are not community, whales or government can't controlling with bitcoin price because most of them not holding more than 10% assets of bitcoin supply, its most realistic reason why we must prefer for investing in bitcoin than altcoin are easily controlling by their community and developer sell their assets then make price dumping significant.

In fact, it is not worth comparing Bitcoin with altcoins, because our main goal in holding crypto is to make a profit. You are right, some potential altcoins can also provide maximum profits and can even be more than Bitcoin. It just depends on how much we have invested. If there are a lot of them, that can certainly happen. Indeed, the risk is also considered that Bitcoin, with a very small risk compared to the altcoins that we know, is still suddenly worthless.
Yes, I agree that if you want to get maximum results, then keep Bitcoin in the long term. It will definitely come true.

We should also not compare the value movement of altcoins to bitcoin because no matter which angle we look at, they still follow the value movement of the mother coin which is bitcoin. As you mentioned, some altcoins can be exceeded the price of BTC, so it's up to you where you want to invest. If you want to make a lot of money here in crypto, there are many different ways to make a profit here, it can be via signature campaign, investment and trading so it's up to you which one you are better at.

Altcoins always follow the movement of bitcoin and increasing and decreasing according to it but this time bitcoin is reduced much more as compared to that of altcoins. Altcoins are also profitable but reduce the risk by searching well before investment and diversify if you can.

There are lots of other opportunities in crypto too beside investment like you can be a part of Signature campaign, as well as you can buy and sell tokens shortly in case of trading but I think investment does not require too much active mind but trading requires more energy, more knowledge and more strategies to apply and is more risky than investment.

Your narrative is not clear, money flow between Bitcoin and altcoins and the time that happen is when we are in bullrun. For instance now, Bitcoin has had a lot of inflow of money coming from investors but now that halving is some weeks to go, people has started selling and moving their money from Bitcoin to altcoins, they are buying altcoins in anticipation for altcoins bull run after the bitcoin halving and when altcoins are done of their run, the money goes back to stablecoins.

Bitcoin profit might not be big but it's safer than altcoins but that doesn't mean it's not risky investment. All coins are risky but one Bitcoin is more like best of them, altcoins will give you all you ever dream of but a single news is enough to turn your investment to zero, Ongoing allegations of FTX is a clearly example of what I am trying to explain.

Definitely bitcoin is a far better cryto currency than all the rest others that are tied to one person or group of persons and if something were to happen to them or the company the currency fails, and other thigns like bad management or corrupt ceos can also result to lose of funds, here in bitcoin we don't have any one person or group of persons that are in control of what so ever that is happening in bitcoin and the community is not managed or tied to the founder which we don't even know his where about, bitcoin is a more valid and safe digital currency to buy than all the others.

You make it sound like anyone knows what to expect when dealing with crypto, even when luna crashed, a lot of folks went on buying at that lowest thinking there saw an opportunity not knowing it was a dead end for the project, how many persons could predict or even noticed that such was about to happen, everyone was busy with FOMO and to the moon.. when the lamp was about to bemreak on them, the truth is when investing or rather gambling with altcoins have in mind that anything could happen and this are institutions and ceos, many or anything can happen and you could lose all or some of your money, so it's better to play it safe with bitcoin than to go down that part at least now we know the risk involved in altcoins and know we should be careful around them.

Yeah it's better to play the game of volatility with altcoins than bitcoin, and I'm sad when people don't hold bitcoin and rather engage in short term investment or trading Bitcoin, bitcoin is an asset not just any liquid game that rises and falls, its the future and is more a good bank to save in, its better to play around with alts than to play around with bitcoin.

U can't talk of crypto currency without mentioning bitcoin. In fact if someone should ask u abt crypto the first coin u should introduce that person to is bitcoin. Bitcoin is a potential coin that can't be compare to any other crypto currency. It is unlike shitcoin were u will invest and lose ur money.

What is basically good from my understanding concerning buying and the selling of cryptocurrency is when the market is low is when you be able to purchase when you are supposed to purchase any coin of your choice and hold for long time so that when the price in the market Skyrocket you make a sell and have a profit so the necessity of someone to scrutinize or monitor the market before the person purchase any token is to know the tendency that to be accelerated

Agree. Bitcoin is the most recommended coin, it is the best one. Bitcoin is purely decentralized, meanwhile other crypto coins are not 100% decentralized. That's why the value of other coins can be influenced by many factors, including the internal factors such as bad management, untrusted CEO, or other things. Bitcoin is not influenced by those things, that's why people more trust on Bitcoin. Also, Bitcoin isn't controlled by any person or any institution. It is purely about the demand on the market. This is one of the advantage of Bitcoin, they have no manipulation issues of internal factors.

In short, bitcoin is the best coin on the cryptocurrency market and whether it is the best buy depends on each investor's needs. If someone likes safety and doesn't want too much risk then bitcoin is their choice but if someone is willing to take risks and wants higher profits. Bitcoin is not the ideal choice, and altcoins will be a more suitable choice for their criteria. Everything is proportional to each other, safety will have lower profits, and higher profits will have higher risks. The choice depends on each person.

Yes other cryptocurrency coins are not 100% decentralized but Bitcoin is fully decentralized which is a big advantage of Bitcoin. Because of this, Bitcoin has a huge amount of investors and Bitcoin alone is in the market with a trillion dollar market cap. Due to this, the risk in investing in Bitcoin is very low. so those who have limited budget for investment should choose only Bitcoin for investment and enjoy the potential profit

Bitcoin for others is basically cryptocurrency and cryptocurrency is basically bitcoin.

Most people wouldn’t know what cryptocurrency means but probably have an idea or two about what bitcoin is. Bitcoin has been made a standard and now every other coin that follows it try to remake what bitcoin is and what it has done.

So far though no one was able to recreate the success of bitcoin.

Why people concentrate in buying Bitcoin is because if you have to do with the good potential so when you don't have a potential or understand the movement of Bitcoin you will think that a bitcoin is like other coins especially alt coins so what you have to do is that you have to invest in any coin that I have potential and is also a reputable coin so therefore those coins is worthy for someone to invest on Bitcoin is one of the top coins that have a potential so whoever that is investing in Bitcoin is not making a mistake so I believe our Bitcoin should be a something that we should invest on without anything like fear

People give more trust to bitcoin than any other alternative coin and why people give prior to bitcoin is that been the first and no matter the market situation bitcoin will always be the king and if not for that, there are beautiful alternative coins that are doing very well and from what am looking at, not everyone will be able to afford bitcoin, and buying it in bits does not make much sense and that is why the same way bitcoin is getting attention same goes to altcoins , just that people don't know the difference, because of money and greedy people will go about investing in shit coin, and when they lose money due to the coin crashing then they will know the importance of learning because even as bitcoin is good bitcoin have its challenges of gas fees and mempool issues.

Well Bitcoin will always be the number 1 crypto currency for us to invest in. It was the first crypto and it is the coin that has seen the most profits since it was created.
But we also must know it is important to diversify our crypto portfolios. We can not put all of our investment into just a single coin like Bitcoin. I do see why you do think this but I think theres lots of people that do not prefer to do that for their investment.

For the future, no one doubts that, from what is happening we can see that Bitcoin price movements are quite positive for a long period of time, the price is always able to recover or grow higher.
And we also have to look at it from the side whether it is true or not, there are many comparisons between investing in Bitcoin or Altcoin and I also think for future security we are better off choosing Bitcoin.
However, I don't make that the only investment option because if we want to make big profits then we also have to be brave enough to take risks, namely investing in Altcoins with all the possible risks which will also be worth it with the possible profits that will be obtained.

Yes, bitcoin is the top choice because it is the safest, but to say that when entering the cryptocurrency market we should only buy bitcoin and ignore the rest is a waste. We should not deny that altcoins have greater risk than bitcoin but the profits they bring are also much greater. If someone is willing to take risks, we should not ignore altcoins because their profits are completely commensurate with the risks we take.

Personally, I think where to invest is each person's choice and depends on each person's preferences. Don't try to impose your thoughts on others and assume that others are wrong just because they don't have the same thoughts as you, don't be conservative.

The reason why Bitcoin is the only asset that must be purchased is because Bitcoin is an electronic payment system that is outside the control of any central government. Bitcoin can make things easier for you in all aspects and when you are anywhere, you can buy anything with Bitcoin without having to carry fiat money and exchange your local currency for foreign currency while traveling around the world.
The technology used behind Bitcoin (Blockchain) offers high transparency because every transaction record is stored throughout the network, this can reduce the risk of manipulation or fraud. The liquidity of Bitcoin itself makes it easy for every investor to buy or sell it because Bitcoin is widely traded on various crypto asset exchange platforms.

Slightly disagree with what you said, I think people's interest in Bitcoin is not based on its potential price movement, Of course, before investing or buying Bitcoin, of course the person will definitely find out about this asset. They definitely know the impact of the investment itself. Of course they don't just put their money there.

And why do many people believe in this asset? If they have found and believe in the asset, of course they will definitely buy it. I think why many people believe in Bitcoin, if I look at it, it lies in the decentralized technology created by its creators and there is no internal interference from the brand itself, unlike alts.

Buying Bitcoin only doesn't mean you are safe, it's just that you are 1 step ahead of many dangers of altcoins because you can ignorantly buy Bitcoin without doing any research about it and has a peace of mind but you can't do such with altcoins, all the crypto coins has risk but the lowest one among them is Bitcoin and that is what I will recommend for anyone but if anyone can take the risk of altcoins, why not. They are profitable but the risk is always there anytime.


Well, assumptions of others and their opinions helps you know, you can't just wake up one day because you see people buying meme coins and showing profits and you decide to use that as a preference for investment, that's bad and will land you in loss you might not see coming.

honestly the answer is always diversification, bitcoin is indeed the safest but we can also take the opportunity of diversification to invest in other altcoin out there and still make profit while the risk is significantly reduced.
with diversification at least if some altcoin justn suddenly losing its value we don't really lost all the money.
but if you are really focused on investing in bitcoin thats not wrong too, there's reason why institutional investors and management fund companies are just investing in bitcoin only probably due to the fact that its the safest for investment for most of them and they can't just rely on investing in some altcoins so I guess it is also good to have investment in bitcoin only sometimes.

Are you sure about what you are saying? Do you see any stores, companies or organizations that dare to accept or use payment systems that are beyond government control? If the government doesn't allow it, I bet no business can use and accept bitcoin as a payment method?

Besides El Salvador being the only country that accepts bitcoin as a legal currency, I have not seen any 2nd country that accepts bitcoin as a currency or payment method. This is the first time I've heard someone say that we can use bitcoin to pay for things without having to convert bitcoin to fiat money anywhere in the world.

Again, are you serious about what you are saying? I'm really confused with what you said.

Bitcoin has always been a high potential currency, those who have been holding Bitcoin for the past two to three years have benefited enormously at the moment. We have seen how Bitcoin went from zero to maximum. Bitcoin is currently the most popular and profitable cryptocurrency. The popularity of Bitcoin is increasing day by day and the value of Bitcoin will also increase in the future. Bitcoin Halving ended a few days ago, and we all know exactly how much Bitcoin price increases after Bitcoin Halving. So there is a high possibility that the price of Bitcoin will increase a lot in the next few days. So you should invest in Bitcoin and hold for long time, Bitcoin is giving high profit to every investor.

I would not consider investing in altcoins as diversification to minimize risk because the entire market depends on bitcoin and if bitcoin has problems then the rest will not be safe either. Partially investing in altcoins has only one purpose, which is to take risks to earn higher profits, not to minimize risks.

You cannot compare retail investors with large institutions or investment funds. Similar to why many billionaires and millionaires prefer to invest in gold or real estate and not bitcoin. Our positions and theirs are completely different, so don't make such lame comparisons.

Those who invest completely in bitcoin are not too bad, but those who invest partially in altcoins with the desire to seek higher profits are also not wrong, don't judge others just because they invest in altcoins.

Bitcoin is a decentralized digital currency over which no human has control. As per your words those who invested two to three years ago are on the brink of success now and those who invest now and hold patiently will also succeed in the future. If we who want to invest in Bitcoin see how low the price of Bitcoin was in the beginning and how much the price of Bitcoin has increased since then, maybe our interest in investing will increase to a greater extent. Many people have gone from zero to hero by investing in Bitcoin i.e. life has changed through Bitcoin investment.
Bitcoin halving event has just ended i.e. Bitcoin halving has been completed a few days ago. Bitcoin prices do not explode in the market immediately after the Bitcoin halving, it takes time. Maybe we will see the Bitcoin price increase in the next five to six months as many are hoping.

It is true that those who have held Bitcoin for a long period of time have of course made a profit and there are many challenges they face in holding Bitcoin. If they don't understand it well, they certainly won't be able to be patient in holding Bitcoin for a long period of time as stated. you mentioned that, but if they don't understand it well, of course they will release the Bitcoin they have when the price correction occurs, so I think it is important for those who want to hold Bitcoin, of course they must be able to hold it for a long period of time and now this has just happened. halving and it is possible that in the next few months there will be an even higher increase.

Are you sure that everyone who has bought bitcoin in recent years has benefited greatly from bitcoin? So let me ask those who bought bitcoin for $69k in 2021, how do they feel now? Even if they sold bitcoin for $73k last month, do you think they would be so happy and rich making even less than 10% profit in 3 years of holding bitcoin?

Bitcoin is a potential investment but at the end of the day, it is a financial market and to be able to make a good profit from it, you need to buy it at a good price and sell it at a good price. You cannot become rich just by buying it at any price and selling it after 3 or 4 years.

Additionally, bitcoin is getting bigger and more secure, which means its returns are gradually shrinking compared to other altcoins. How can you make a big profit if you buy bitcoin now and sell it during the next bull season?

No one can guarantee that all investors will definitely make a profit if they are holding Bitcoin for a long time. It depends on how the investors manage the Bitcoin assets. If they do entry (buying) and exit (selling) at the right time, they must take profits. But if they do it in the wrong time, the investors can sell for a loss or give up. Let's say an investor buys a Bitcoin when the price reached its peak. Then, he is too late to sell the Bitcoin in the bullrun season. When it is the bearish season, he may easily be influenced by FUDs and may decide of selling for a loss.

Anyway, taking profits around 10% for 3 years of holding is too small. It is just wasting time for me.  :-\

That's why we need to have a good analysis about the time for buying and selling. This requires knowledge, we only can do this if we have good knowledge. How can we analyze it if we have a lack of knowledge? I even doubt that we may hold for 3-4 years if we don't know about the cycle. It is not a short time, many people may be not patient to wait for some years. But people who has the knowledge, they must be confident to hold some years.

As I said bitcoin is a financial market and it is extremely fierce, there are few winners, many losers. But many people are investing in bitcoin blindly because they think that just buying bitcoin at any price and holding for 3 to 4 years will reap big profits. When it comes to investing, we need the knowledge to know when is the right time to buy and what is the good time to sell.

In addition, the market is unpredictable, don't be too naive and put too much faith in events and be sure that once there is good news, the market will definitely increase in price. If financial markets were so easy to predict, there wouldn't be so many losers.

Well that is youre own sight or opinion but for me there are so many legit coin on the market and they are in cmc and coingecko, bitcoin and Ethereum is the most amazing coin or the most popular coin but there are also altcoins that is more profitable than investing into bitcoin, bitcoin is good but you need to hokd it for a long period of time to earn, whike in alt coins you can earn profit in just a couple of months depending on yhe coin you buy and hold.

Bitcoin is the most reliable currency for investment as the value of Bitcoin is out of reach from all other coins. Looking at the performance of the past few days, it is clear that Bitcoin will move at a faster pace. Those who invested in Bitcoin four or five years ago and held on to it are now reaping huge profits. If you invest in Bitcoin today, you cannot expect much profit from it tomorrow. You should not only invest in Bitcoin but hold it for the long term, if you think that its value is too high to invest in this year then I think you are wrong decision. Did those who invested in the past also think like the present? I think Bitcoin can make new highs towards the end of the year so invest in Bitcoin, hold it for the long term. Exactly how many people like it or not isn't really the point, the point is how long you can afford to invest in Bitcoin.

Believe it or not, the price growth of alt coins is completely dependent on Bitcoin. If you can analyze the market well, you can see that the price of Bitcoin fluctuates with the price of alt coins. But you are right that there are some alt coins which are promising to invest in and expect good results. If you patiently invest in potential alt coins, your success will come from there.
Maybe it's our misconception that many people think that only long-term investment in Bitcoin can make a profit, you can also earn profits by investing in bitcoins short-term, but you need to buy a lot of bitcoins to invest in short-term. If you use DCA to invest in Bitcoin, then you must hold it for the long term. Because using the DCA method, investors buy small amounts of bitcoins either monthly or weekly.

Right now, there are plenty of cryptos that can also do what BTC can do and they can even have other advantages. No wonder why they are still there and it's a proof that there are people who also invest on them and some of these people are also BTC supporters. For them, it's better to have more than one crypto.

Not all countries have made BTC a legal tender, so it's not true that if you are anywhere you can buy anything. Let's only hope that we will soon get there. That can surely help us and BTC even more. Transparency is attained through blockchain but there are still manipulations and frauds that happen in the crypto world, so it's important to equip our selves with knowledge in order to avoid them.

BTC is superior to all other blockchain attempts is easily arguable, its the most secure and so most highly valued as thats largely what drives the prices.   We dont want to lose the innovation of other projects though so I would not say its absolute.   Its possible other projects produce a positive that feedbacks to BTC because all other tokens and protocols will exchange to BTC surely, they are all in the same ecosystem.

BTC is the one to buy but also if people want to speculate on growth in other assets, that is reasonable.    A variety of assets with a broad spectrum of uses and dynamics to their value and price, this can also be true in crypto with some variation to value.  So I dont agree only BTC should exist but use caution when speculating on the new ideas and attempts to replicate BTC success, BTC will always be safer has been a fair rule & true for a long time.

Bitcoin is the most trusted coin among cryptocurrencies. Bitcoin price has increased a lot and will increase a lot in the future. Many expect the price of Bitcoin to go up to $100-150k or more in the upcoming bull run, but it's all just speculation, no one can predict the exact future. Investing in other coins is much more risky but investing in Bitcoin is not that risky. So if someone wants to invest in crypto then he should choose bitcoin first but if he wants to take risk then he can invest in other coins as well as bitcoin. However, it is expected that investing in Bitcoin will be very profitable in the future. Buy Bitcoin and hold it patiently for the long term.

In the long term, Bitcoin will indeed be much more hopeful. because bitcoin adoption continues to expand quite rapidly. Even after the Bitcoin ETF is launched, Bitcoin's popularity among investors will also increase. So it is not surprising that the number of wallets that store bitcoin continues to increase rapidly at this time. And now people are also becoming more optimistic about holding bitcoin for the long term. But that doesn't mean altcoins are bad. because some altcoins can also be expected to do very well in the future. For example ETH.