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Gold is similar to Dogecoin. You can still mine it after hundreds of years from now.
Bitcoin is more finite than Gold and Dogecoin. Last Bitcoin in 2140.
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I asked Grok from 1 to 10 on how scarce these are. 10 being the most scarce. Silver 4, Oil 5, Gold 8, Platinum 9, Diamond 9, Bitcoin 10.  |
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Some thought Ethereum, Litecoin and Bitcoin Cash could replace Bitcoin but the major institutions with billions of dollars are invested in Bitcoin and the proof of work is harder to create than Ethereum's proof of stake as well. Bitcoin is the first Gold emulator.
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It's important to have some money in fiat money on stand by so you can buy the dip when the prices fall down.
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Those mobile app games you let your son play could have malware that security breached your phone. Temu app and TikTok app is known for hackers and other Chinese apps as well.
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Bitcoin = converting electricity into store of value
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Lol fair comparison. Biden just prints money and never once supported Bitcoin. Trump has supported Bitcoin and is Republican which is more capitalist than Democrats. Republicans are also against printing money.
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Ethereum is definitely the #1 alt coin.
My portfolio: Bitcoin 40%, Ethereum 40% and other alt meme coins 20%
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Bitcoin is a vote against governments printing money without your permission.  |
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Give it a month when Bitcoin miners have to pay their monthly electricity bill.
Many miners won't keep up with the demand and have to sell their mining rig from losing profit because of electricity bills.
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I like to thank all the comments in this thread as it influenced me to buy Bitcoin at $40k in January. Anytime is the best time to invest in Bitcoin. When governments keep printing paper money causing inflation this increases the value of the finite supply of Bitcoin. |
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Bitcoin rainbow chart says "still cheap". Google it.
Yep. That's a good tool to tell you when you buy, hold and sell. |
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The weakness to Solana are DDOS attacks. Michael Saylor likes to call it "cyber hornets". Solana network has gone down for at least 6 hours. Even though it's transaction speed is the best in the world, it's still vulnerable to DDOS attacks.
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Bear market is a plant seed. Bull market is a full grown tree. You plant the seed first to grow the tree. Right now is a bear market before the Bitcoin halving. Plant your seed now by investing your money.  |
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Ethereum network meme coins > Solana network meme coins
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Every single one of us on this forum right now are millionaires. The amount of Bitcoins we own right now is worth millions by 2140. The truth is that none of us would be able to spend the money on goods and services since 2140 is outside our life expectancy.
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Buying the dip and buying anytime before the halving works every time. Play the math.
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I first heard about Bitcoin when it was $40. I feel foolish now by not investing at the time. But it's never too late to invest in Bitcoin since Bitcoin will reach $1,000,000 per Bitcoin in the future.
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I predict the top of the bull market between December 2024 to March 2025 based on past Bitcoin bull runs. Just keep buying Bitcoin until the end of the year.
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Many of those new to the Bitcoin investment sector are attracted to the idea of "get rich quick" with Bitcoin investment , but the reality is that any successful investment, including Bitcoin, requires patience and long-term planning. When many new investors invest in Bitcoin, after a few days when the price of Bitcoin goes down, many get emotional and sell their Bitcoin at a loss. They don't have the patience to hold on to their investments for the long term. The biggest challenge in Bitcoin investing is patience. I hold my bitcoins, I will definitely hold my bitcoins until it go ATH. Only those who pass the test of patience can be reap huge profits from Bitcoin.
Investing in Bitcoin anytime before the halving is a good start for new investors. Bitcoin investment is actually "get rich slow". |
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