as we know, many people suggest investing in bitcoin because the risk is not too high.
but if we look at the market there are lots of people buying altcoins, and to be honest I also like to buy altcoins but there aren't many of them, and it's still my biggest investment in bitcoin. and to be honest even though investing in altcoins is risky but I always want to buy and the reason is because of the high pumping..
and I want to ask everyone what is your  for buying altcoins, is the reason the same as mine?

Crypto is a perfect engine for scammers because it's still unregulated and it's also the wild west when it comes to making money quick with less efforts. .

Apart from rugpulls and influencers scam that are very famous with altcoin investment there is one particular side I want you to be much aware of.

Many altcoins you are seeing right now are build on "Make the project, promise the entire world rare utilities and never really deliver anything, they will keep using words and investors will keep hoping.

They deliver small updates only to push the price higher.

They spent hours live streaming almost everyday.

They trust hype more than anything and a finished product will ruin it.

Keep a track of your altcoins regularly and once you see the slackness in the team it's safer to switch.

Indian government (maybe other also)  say that " to ban cryptocurrency we need global help" my question is : can bitcoin be banned if all government will agree to ban bitcoin

i am something less experience and has bad english so ignore

Hello guys,
With this ordeal going on it seems much-lost faith and bailed as if the whole market is going to vanish. This kind of thing happens more often in the stock market with inside trading, embezzlement, etc. In reality, it’s a perfect time to get in with everything dropping so low. It will come back and come back bigger than ever after this dies down and there will be improvements to hopefully prevent this from happening again. So do not lose hope and know that the bad time will inevitably pass, and you may not be able to make up for this opportunity again. Just my opinion.

Not really, a bear market is a good opportunity for new investors to come in.  The current bear market isn't worse than the previous bear market we experienced.  As far as I can recall, they have the same thing, hacks, scams, company-turning fraud, and bankruptcy.  It is a normal thing in a bear market so I can say, the market is just as bad as the previous one and like the previous one, the market will eventually recover.

Now you have $100,000 in your account, pure savings, and you don't need this amount of money to cover your daily expenses. Obviously it's good/free money to use at will. Let's say if you deposit the money into a bank and the annual interst rate is 3%, you will get a steady interest income year by year. If you use this money to buy Bitcoin, let's say the BTC drops to $17,000, you'll buy less than 6 Bitcoins. In the long run, what would you do with this money ? And why ?

Whales are the largest mammals in the world and also the most powerful investors in this crypto market and have been around long before bitcoin or crypto existed, and whales play on people's emotions and use the opposite of what most people do and think.
when people are scared, they buy because most people are selling. And conversely when there is greed they sell because most people buy and a lot of people and small investors hate this but this is a part of this industry that is not going away.

Bitcoins can exist without exchanges, but would you support the argument that the existence of exchanges are among the factors facilitating the popularity and accessibility that people have to bitcoins?

In 2019, I was fascinated by Bitcoin after I was introduced to it. I have been following the attitude of governments towards bitcoin and hope it will be promoted. However there has been too much negative news in the past two years. I reacquaint myself with bitcoin and fiat money.

Money is a tool for exchanging goods and services in human social life, and whichever tool makes it into the system becomes the de facto currency. Governments regulate the economy by issuing money, which means they can control it. Bitcoin, on the other hand, cannot be controlled, which is why we like it, but also why governments don't like it.

After I figured it out, I no longer expect Bitcoin to be recognized by the state, and it doesn't need to be. It is part of a special asset, not a currency.
So I don't think Bitcoin is going to become a fiat currency.

My additional thoughts

Why is long-term investing good?

* Not Risky - Because you have only invested in the market for the long term, You just term or hold, there's nothing to get rid of and you can't opportunities will miss out on the market because they have invested, it's just you The others are in and out of crypto, so of course, if you are outside of crypto, you will miss the other opportunities here.
* More economical - Of course, if you often trade in cryptocurrency, you will spend a lot here, such as trading fees, credit card fees, and so on. If you're just in prison, you don't care about such things.
* Less stress - A lot of people invest in crypto but they are always stressed or too emotional about what is happening in cryptocurrency. Like when the value suddenly increases, it's very fun, but when the price suddenly falls or drops in the market, it's very sad and sometimes even depressed, which is a normal reaction and there's nothing wrong with it, but of course, it's also difficult you always feel that you might get sick, so to reduce stress, you should make a long-term investment, like buy and forget or buy and hold or maybe after you buy you will not have any attachment to the cryptocurrency that you will buy, no first you have to check or you should check there only once, or when you have your target you just sell there, it's that simple.
* Easy - So, because it's less stressful, this kind of investing is easier, you don't need to be an expert or a good trader. You know how to analyze, signals, charts, and more. That's why you don't need those because you will only invest once, or if you always do something simple and that is just buying buy.
* Compound Return - So if you are a long-term investor, your crypto money will also grow more if you do this method over time, especially if you stake in platforms that give you a return every week or month, or year, it seems that your crypto is increasing passively.

These are just a few of the reasons why it is good to invest in crypto when it comes to the long term. Because historically speaking, it is also good to appreciate the value of cryptocurrency like what happened with Bitcoin.

And another thing that can be done if you do long-term investment here is that if you have extra money, you can also do the DCA (Dollar Cost Averaging) style method, this is investing in crypto every week every two weeks depending on you because the purpose is only This means that your cryptocurrency investment should be consistent so that you can increase your holdings of crypto and at the same time you can avoid the volatility of the market. Many well-known investors do this.

Many people are thinking about the short term because they just want to get rich quick. But that's not the way it works. Crypto is all about the long term, and only those who're patient will be able to obtain great results in the future. I'm pretty sure ETH will reach a new ATH in price once the tide is over. Experts are predicting the market will turn bullish again when BTC's block reward halves by 2024. Of course, that would depend on the situation of the global economy. If the global economy worsens, don't expect ETH or any other cryptocurrency to rise in price anytime soon.

I'd just take advantage of this opportunity since it only comes once in a lifetime. ETH is pretty cheap right now compared to its latest ATH, so why not buy and "hodl" some coins for the next bull market? Just my opinion

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.

I agree with the use of bitcoin as an investment asset for our children to enjoy whenever they have grown up to make a discovery of such an ever increasing inheritance left for them, the mistakes our parents do was that they majors their investment on liabilities which they thought will be the best unknowingly to them it will rather turn to away from the main objective it meant to create, there was no bitcoin as at their time in those days and now bitcoin has created this opportunity in diverse ways to invest on a profitable asset over a long time.

It was been known to us OP that the market is about to pump but to ask when? That is absolutely nobody knows. People are expecting it after halving and it was based on the previous bull season. Of course, I believe in a such thing because I've experienced it as well.
Yes, we still see a few pumps of price in the market today, and yet, not exactly the time to say it will continue to rise. It was just normal market interactions and that is what we called volatility.