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Author Topic: Don't invest money you can't afford to lose out of greed.  (Read 704 times)
Huppercase
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April 23, 2023, 07:55:11 PM
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 #81

Bitcoin is the only crypto coin who has survived more than a decade and obviously, that’s what made it more reputable and reliable compared to majority of altcoins that are eventually losing their value after a year or two of existence. So if you want to take the risk when investing, just stick to bitcoin and never be tempted to trust altcoins especially with their too good to be true promised goals. Altcoins may be profitable at first but it’s only bitcoin who will give you consistent profits throughout the years.

I believe what distinguishes Bitcoin from other Layer 1 blockchains is the absence of other tokens like Ethereum. When you examine Ethereum's performance, you will see that it has developed significantly in the same way that Bitcoin has over time, but it is constantly experiencing setbacks due to the tokens in its ecosystem, and what happens most frequently is that investors are duped by those small projects, either by rug pull or sell off by the team, and the trust is no longer there with the investors in the Ethereum chain, anuything that Bitcoin currently has, I believe Ethereum also has it.

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April 24, 2023, 08:21:54 PM
 #82

The information contained here, is more than the offer of gold. The present crypto space has been invaded with different kind of projects paraded by scammers. As a newbie in the crypto space, bitcoins is the way to go until you have a proper knowledge about altcoins and how to recognize those ones that can survive the test of time.  The promise of high unrealistic APR and increase in price is a red flag to some of those projects.

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April 24, 2023, 08:50:53 PM
 #83

The information contained here, is more than the offer of gold. The present crypto space has been invaded with different kind of projects paraded by scammers. As a newbie in the crypto space, bitcoins is the way to go until you have a proper knowledge about altcoins and how to recognize those ones that can survive the test of time.  The promise of high unrealistic APR and increase in price is a red flag to some of those projects.

Yes, bitcoin is always the primary choice for crypto investment. It's always at the top and in the last years, we never experienced problems in its network, unlike the other blockchains and projects that are experiencing hacks and other issues.

Any project that provides a high APR is already unreliable. Maybe 6% is the highest but this is not even suitable for new projects and those that have low volume in the market. I would rather enjoy gambling with good chances of winning, especially in sports than risk in any hyped crypto projects that have bad tokenomics.

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April 24, 2023, 10:21:42 PM
 #84

The information contained here, is more than the offer of gold. The present crypto space has been invaded with different kind of projects paraded by scammers. As a newbie in the crypto space, bitcoins is the way to go until you have a proper knowledge about altcoins and how to recognize those ones that can survive the test of time.  The promise of high unrealistic APR and increase in price is a red flag to some of those projects.
Your words are too wise but I was really worried about it considering you are one consistent bounty hunter to spam social media with some scam projects. Why did you waste so much time doing it instead of learning so much about bitcoin? Don't you feel it's worth your effort?

Bitcoin is a wise choice to be the main goal for non-experience beginners, but they must learn and know how to avoid mistakes that will completely cost them. Beginners can buy and hold while learning bitcoin, bitcoin is recommended than of altcoin.
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April 25, 2023, 12:55:19 AM
 #85

Every beginners should definitely know this that everything about making an investment involves taking risk, most especially in dealing with other cryptocurrencies aside bitcoin, whereby we don't know the genuine intention of the developers, also we needed to have it in mind that everything has time a d season, we shouldn't rush or overracted in doing something, we have to put it at the back of our mind that ultimate research is needed and we should secure our investment and always make it private.
That is why in every investment we dare to risk, there should be an intensive research done and establish patience before everything puts into reality. Otherwise, it would be too risky for us to invest without through preparation and even expect huge profits at an instant. We should bear in mind that any investment takes time to prosper, and bitcoin is never an exception. In fact, for you to be able to maximize your profits, you have to patiently invest in it for years and expect positive income in the end.

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