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CryptoBuds
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August 22, 2022, 10:18:36 AM
 #61

I think your dad is one among the person who believed in Bitcoin Cash during the split. I've made this statement based on OP name which is BccKing. Based on the account created date Op could've experienced this seems to be a coincidence. According to me, bitcoin is the best and just because altcoins made him loss we can't conclude altcoins aren't needed. Because, if there is just bitcoin the growth won't be big. The competence keeps things in an updated way.
It seems to me that on the contrary the growth would be much greater if there were no altcoins. All of these altcoins are pulling in the large capitalisation that bitcoin would have had. But I agree with you that not all altcoins are useless, but unfortunately such coins can be counted on the fingers. The rest are all copies of other projects with no practical application.

I think without altcoins, the market would not be able to grow and develop as it is today. Market participants most investors were attracted to the hotness of many altcoins (including shitcoins) as a result of the frenzied hype surrounding them. Have you noticed that most newbies just prefer to invest in altcoins rather than bitcoin?

Bitcoin will not be able to build this industry alone, despite the fact that there are few altcoins worth investing in, we have to admit that they are an integral part of the market.

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August 22, 2022, 01:49:49 PM
 #62


I think without altcoins, the market would not be able to grow and develop as it is today. Market participants most investors were attracted to the hotness of many altcoins (including shitcoins) as a result of the frenzied hype surrounding them. Have you noticed that most newbies just prefer to invest in altcoins rather than bitcoin?

Bitcoin will not be able to build this industry alone, despite the fact that there are few altcoins worth investing in, we have to admit that they are an integral part of the market.

They grow so fast with new innovations. I agree with you altcoins are a new invention with a very remarkable volume. They are interconnected with Bitcoin. It is evident that they always follow the price movements of Bitcoin.
But there is one uniqueness, Bitcoin has more confidence than the innovation of that new altcoin. We can see the proof that BTC's price can always reach a new high after experiencing a big decline. I have even experienced two phases of ATH. So at the moment why are you still hesitating about Bitcoin? if you doubt then don't come in, doubt you are your loss. The important thing is to use your free money.  Regarding altcoins, indeed we have to be vigilant, there are many altcoins that exist. You have to be selective if you want to buy one.

R


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August 28, 2022, 06:43:33 PM
 #63

We are in an era where life is changing a lot, no one had lived what we are living now at this time, that is why all things change and the financial world too, it is for this reason that we have to be open to bitcoin and carry the information of bitcoin to all those who do not know or who do not want to accept it, bitcoin is not only the future, because for me it will be the currency that dominates everything and beats the dollar, I think it will be important from now on to run all the information That is possible, if we believe in bitcoin I think it will be easier to transmit that knowledge to others.

R


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freedomgo
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August 28, 2022, 09:42:33 PM
 #64

maybe a very big mistake if you choose a new altcoin because the new coin actually does not have definite clarity, especially not yet registered on the trading exchange, and does not yet have hype, in fact that is also the risk faced by every crypto investor who dares to lose if they want to make a profit.

A new altcoin with no clarity about the trading exchange and about its developer is a shitcoin that will only result in losses. Better to choose bitcoin is the right choice. If you really want to choose an altcoin, choose an altcoin that has been registered and trusted, such as ETH and BNB, there is no doubt anymore. Don't bet money just for new altcoins that are not clear.
However, a lot of investors still fall into altcoins and claim that they will be more profitable than bitcoin. And when they start losing, that’s the time that they will realize that bitcoin is definitely the perfect choice for investment. But there are also good altcoins that have sustained their value for long and when bitcoin reaches its new ATH, these established altcoins also benefited. That way, they become profitable too because of bitcoin.

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August 28, 2022, 10:26:59 PM
 #65

There are a few decent alts out there but the rest are shit.  Also makes you wonder how many have been created with the purpose of relieving folks of their Bitcoin, which also shows scammers can be believers too.
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August 28, 2022, 10:46:10 PM
 #66

There are a few decent alts out there but the rest are shit.  Also makes you wonder how many have been created with the purpose of relieving folks of their Bitcoin, which also shows scammers can be believers too.
Few altcoins are of real value and have its usage all around. Just look at Shiba, it existed as a memecoin ad and now it is more valued. The usage keeps counting as the community is strong and the team haven't let it down. They keep on making plans to support it in one way or the other.

Even the shit coins are turned progressive with real-time partnership and development. The number of bitcoin investors were defeated by Shiba at some point. Believing in bitcoin is a must, but beyond the limited altcoins with good potential there are more better projects in the market. We need to be lucky to enjoy the best out of it.

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August 28, 2022, 11:04:44 PM
 #67

There are a few decent alts out there but the rest are shit.  Also makes you wonder how many have been created with the purpose of relieving folks of their Bitcoin, which also shows scammers can be believers too.
Few altcoins are of real value and have its usage all around. Just look at Shiba, it existed as a memecoin ad and now it is more valued. The usage keeps counting as the community is strong and the team haven't let it down. They keep on making plans to support it in one way or the other.

Even the shit coins are turned progressive with real-time partnership and development. The number of bitcoin investors were defeated by Shiba at some point. Believing in bitcoin is a must, but beyond the limited altcoins with good potential there are more better projects in the market. We need to be lucky to enjoy the best out of it.

I'm with you- believing in Bitcoin is a must.  Without Bitcoin, there is no crypto, at least in the way we know and understand it currently or where we are currently could have been years away.
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August 29, 2022, 04:19:26 AM
 #68

Believing in bitcoin is a must, but beyond the limited altcoins with good potential there are more better projects in the market. We need to be lucky to enjoy the best out of it.

Luck is not the only thing needed when investing into altcoins. If you thoroughly research about a particular altcoin's project then you will likely earn profit from it in the long run. The reason why many people lose money in altcoins is because they invest to shitcoins or hyped projects that is usually just pump and dump. They want an easy money that they invest huge amount on those shitcoins even if the project has no planned roadmap or utility.

I think everyone in this crypto space are bitcoin believer but trusting some altcoin projects is not also bad if it will bring us profit in the future.
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August 29, 2022, 05:40:05 AM
 #69

OP, nice inspiration in your story, but the alts have their sense of existence, in any case there is a phrase that belongs to a certain specific niche, but that applies in this case; is the phrase "never speak ill of the competition", even speaking ill of the competition is to give them importance.

Some Alts in the equivalence it is sometimes a false bill in the comparison of the legal currency Fiat, cash, you should know when an alts is a piece of shit that is useless, so detecting that false bill depends on you.

So, apply the same to the crypto environment and decide for your convictions, not because you follow a sect or what is fashionable, or because you just read it, so it is not about sending Alts to hell, it is about understanding why bitcoin is better.

Anyway It's up to individually to get up to their necks in the any cryptocurrency they, us want. By the way You have already done your part, you in bitcoin and shouting "hey, that's not the way (Alts)".  Smiley

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