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Nothing to be confused about, Bitcoin is the way forward to invest on, especially for a long term holding, check the history of Bitcoin it keeps growing Yearly, but it makes some pull back as a result of correct of candles stakes for traders, but investors has nothing to loss at the long side, accept you sell at panic point when market is Dip on Red point. Therefore I prefer invest in Bitcoin than Gold. And Bitcoin has a total supply limits, nothing add and it has a better chance to skyrocket to moon in near future.
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Bitcoin is a future global digital assets payment, it saved as money, which many countries we adopted by regulate Bitcoin using the local currency Bank transection directly, sooner or later Bitcoin will be fully recognize and approved, which stable coin we come and play a role because of high volatility effect for a better understanding and save way of holding your crypto assets.
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Investment really need adequate information through research through website and social activities and also the smart contract transaction daily activities, which is the major thing to know before investing your hard earn money, nevertheless memo coin are still profitable to invest and the entry point is also important as the case maybe.
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When you wake up is your morning in every business, at your initial point of view from your dad telling you about Bitcoin while you're on dream point and now you realized that Bitcoin has come to reality in real life, which soon or later Bitcoin price may hit 100k or above as it predicted early, Hence still have chance to invest Bitcoin in future return profit.
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Taking profit is the one of the major thing to know, in cryptocurrency trading or investment to enable the investor to remain on board to keep investing and trading while having target profit to in trading or investment.
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You have said it all, because Bitcoin is a digital assets that no one can be able to touch, but only have the feeling with assumption that have specific amount Worth of Bitcoin in digital wallet or exchange, which can can be done through selling to convert to any given local currency across the globe.
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Bitcoin still remain as number one coin in the cryptocurrency market industries, which can't be compared with Ethereum. Every Alt-coin are created in difference purpose, which Bitcoin is superior to other Alt-coin in the cryptocurrency market.
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Bitcoin is created as online digital assets payment, probably in few years to come Bitcoin maybe a global currency, when nation across the globe accept Bitcoin. Hence the internet keep existing Bitcoin we continue expand sooner or later it maybe adopted as a global money wire transfer in the ecosystem.
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Tron network is a good Blockchain, which is a gradually process to adopt the Tron Blockchain platform, which many people are still using Ethereum network, while adjust to polygon Matic because of gas fees. Nevertheless Tron network has come to stay in the ecosystem, just a matter of time Big boys in the industries we start using Tron network.
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Bitcoin is a digital assets where many companies and individual trading on daily basis, which some set of people invest by holding to a point of 10x profit or more to sell off, which waiting for their target to buy back at Chip rates, so doing that buying process is an individual difference and target on the entry point for a profit, having said that you need to make your research and have a target on your entry point to buy.
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They are many Alt-coin to invest on, but it requires you're time and having knowledge of coin's before investing any given coin in the cryptocurrency market, because many may advance you to invest a particular coin they are holding which may succeed or run pull. But you rather make your own research before investing after taking look of the few coin I mentioned as stated below: Matic, FTM, ADA, Shiba Inu, Pitbull, LunaC, APENFT, NFTbooks.
I'm not a financial adviser, make your research and invest wisely.
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Bitcoin price actually control by number of holders as in market normal have demand and supply, when the supply is greater than demand, market will be experiencing Red candle, which we normally called bear market as the case maybe.
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Bitcoin is the number one coin in the cryptocurrency industries, that is why many people are conscious of bitcoin price, as we all know that bitcoin created as a digital asset, which many people are into the business as buying and selling through means of peer to peer wire money transfer across the region and is faster and smarter with a less charge fees. Having said that, bitcoin have many thing to do with a decentralized finance in ecosystem.
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That is the most problem to up coming investors are facing, i was once a victim of that during the last bull run, which many alt-coin are on green candles growing, but at the end many some of the coins are no where to be find, Therefore, before investing always make a research about the coin and also check the entry point that is very import, before investing.
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Luna Classic really loose trust as the Luna coin clash to bottom, but never still, i believe the team are working toward the it for a better performance in the near future, which it can take time for LUNA Coin to recovered. Therefore buying Luna Classic Coin, base on the current market dip, is not a bad idea, but is a part of investment in future.
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Tether can not be compare with Bitcoin, because, Bitcoin has blockchain, while Tether does not have, and where Tether play a role when market is going dip, as a smart trader at that point in time, make use of Tether to hold the same value as a stable coin. Having said that, Tether does not add value, but bitcoin changes values from time to time and is very good to invest for long term holding.
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The Bear market given opportunity to invest in alt-coin that has use case and have utility, which you can buy and hold for next bull run. Having said that, it required time, energy and resource to invest in difference coins after making a research to invest for future profits return.
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Bitcoin is a digital assets that many companies and Individual uses as a daily transaction payment of goods and service, which bitcoin has a very high volatility in the cryptocurrency market where traders and investors play there own rules which service as a financial freedom as the case may be. Therefore Bitcoin price can not be predicted, but have one thing in mind bitcoin we raise more than previous price in the ecosystem and is time to invest more, buy and Hold for a long term.
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