BuNga_cute
|
|
December 27, 2021, 10:04:06 PM |
|
Bitcoin has proven to be able to provide many benefits to many people. Bitcoin has even created a lot of new rich people in a pandemic situation, this makes Bitcoin more popular and gain the trust of many people.
Still, I do see veterans are not recommending to go all-in into bitcoin investments as bitcoin is an experimental project hence investing only affordable is highly recommended. I agree that bitcoin has proved its potential so far in more than 11 years of time but anything could happen in future hence we should not risk our life with only one investment opportunity which could be bitcoin or anything else. Bitcoin really got the highest level of trust but that does not mean we can invest all our money into it. Even Bitcoin is highly reliable one, we should diversify our investments along with other investment opportunities like stocks and gold to balance our life at any unexpected events. What you say is true and makes a lot of sense, because no matter how good Bitcoin is, it's still risky to risk all of our money in Bitcoin. Moreover, many rich people give advice to always invest in several assets, because if one asset loses, we can still generate profit from other assets. Especially if all the assets we have go up, it opens up opportunities for us to become millionaires or billionaires. I am among those who have known Bitcoin for a long time and have also managed to make big profits from Bitcoin several times. But I admit that it is very risky if we only invest in Bitcoin, because Bitcoin does not continuously generate profits. Sometimes Bitcoin also experiences a decline, if that happens we must be able to have income from other places, it's important to diversify our money across multiple assets.
|
|
|
|
milewilda
Legendary
Offline
Activity: 3150
Merit: 1137
|
|
December 27, 2021, 10:09:45 PM |
|
Bitcoin has proven to be able to provide many benefits to many people. Bitcoin has even created a lot of new rich people in a pandemic situation, this makes Bitcoin more popular and gain the trust of many people.
Still, I do see veterans are not recommending to go all-in into bitcoin investments as bitcoin is an experimental project hence investing only affordable is highly recommended. I agree that bitcoin has proved its potential so far in more than 11 years of time but anything could happen in future hence we should not risk our life with only one investment opportunity which could be bitcoin or anything else. Bitcoin really got the highest level of trust but that does not mean we can invest all our money into it. Even Bitcoin is highly reliable one, we should diversify our investments along with other investment opportunities like stocks and gold to balance our life at any unexpected events. What you say is true and makes a lot of sense, because no matter how good Bitcoin is, it's still risky to risk all of our money in Bitcoin. Moreover, many rich people give advice to always invest in several assets, because if one asset loses, we can still generate profit from other assets. Especially if all the assets we have go up, it opens up opportunities for us to become millionaires or billionaires. I am among those who have known Bitcoin for a long time and have also managed to make big profits from Bitcoin several times. But I admit that it is very risky if we only invest in Bitcoin, because Bitcoin does not continuously generate profits. Sometimes Bitcoin also experiences a decline, if that happens we must be able to have income from other places, it's important to diversify our money across multiple assets. Trust is there but the final decision would really be depending on a certain individual and we know that diversification is always been recommended and only invest on what you could afford to lose on here in crypto because no matter how Bitcoin flying out with colors but there's no guarantee that it would lasts out forever on which you do come into a point on where you do go all in without minding that particular risks on getting wrekt if the market would make out some sudden u-turn. I dont blame out people on having that support but they should be mindful about probabilities.
|
|
|
|
24Kt
Member
Offline
Activity: 1092
Merit: 67
|
|
December 27, 2021, 10:11:21 PM |
|
Bitcoin has proven to be able to provide many benefits to many people. Bitcoin has even created a lot of new rich people in a pandemic situation, this makes Bitcoin more popular and gain the trust of many people.
Still, I do see veterans are not recommending to go all-in into bitcoin investments as bitcoin is an experimental project hence investing only affordable is highly recommended. I agree that bitcoin has proved its potential so far in more than 11 years of time but anything could happen in future hence we should not risk our life with only one investment opportunity which could be bitcoin or anything else. Bitcoin really got the highest level of trust but that does not mean we can invest all our money into it. Even Bitcoin is highly reliable one, we should diversify our investments along with other investment opportunities like stocks and gold to balance our life at any unexpected events. We don't know what the future will bring to us, this is why, you always need to have contingencies and not go all in. What if in the future there will be new technology that will be deployed and bitcoin will become obsolete? Who knows, right? So if you want to take care of your investments, don't forget that you are holding some stash and be updated with the market. So if anything big is about to happen, you are well-prepared. And right now, bitcoin is still the leading cryptocurrency among thousands of these alts. And I believe, it will stay this way for the succeeding years to come.
|
|
|
|
Newlifebtc
Member
Offline
Activity: 686
Merit: 21
|
|
December 27, 2021, 11:02:25 PM |
|
I think Bitcoin has safety, the highest level of security. Censorship resistant and unbreakable. Another way, bitcoin cannot be influenced by anyone, completely decentralized. All proven from history, features over time Everything else may disappear completely one day. But bitcoin is not.
Bitcoin can also disappear one day, do you believe that bitcoin is trustworthy and will last for century, I'm seeing Bitcoin like currency that will breakdown on the way because it unsuitable is making me to fear and not to believe Bitcoin again, if you talk about influence Bitcoin is taking many influence
|
|
|
|
Molinology
Newbie
Offline
Activity: 23
Merit: 0
|
|
December 30, 2021, 06:11:10 AM |
|
Bitcoin is the oldest crypto as it was the first crypto to be ever introduced. Due to this reason people trust it the most. There are a lot of cryptos in the market and new cryptos are introduced every now and then. But only a few of them could be trusted which have strong fundamentals. Bitcoin has a never ending trust in this case and will continue to be the favourite crypto.
|
|
|
|
riso2015
Sr. Member
Offline
Activity: 1246
Merit: 254
Trphy.io
|
|
December 30, 2021, 06:31:03 AM |
|
why bitcoin is at a high level of trust, maybe everyone will answer that bitcoin is safe and reliable, I myself have felt the comfort provided by bitcoin, as long as I entered the world of bitcoin I was not harmed by bitcoin, even I got a very valuable and beneficial experience what's amazing, if only I didn't want to learn and enter bitcoin, most likely until now I'm still working and being someone else's coolie, I'm very grateful to my friend who wants to guide me to learn bitcoin, the results are satisfying, even though so far I'm not rich , but at least my life has started to improve, thanks bitcoin..
|
|
|
|
Chato1977
Member
Offline
Activity: 1148
Merit: 58
|
|
December 30, 2021, 07:06:28 AM |
|
First of all, bitcoin can be trusted due to its primacy in the market and a long history of its existence, because it is one of the first on the market and has never deviated from its concept of creation and its anonymity, there is no such thing on the market as bitcoin.
not to mentioned how fast the transactions is and how the support of the community stays for many years now. Never hesitate in investing in this rank number one currency and the most valuable one. Bitcoin is the oldest crypto as it was the first crypto to be ever introduced. Due to this reason people trust it the most. There are a lot of cryptos in the market and new cryptos are introduced every now and then. But only a few of them could be trusted which have strong fundamentals. Bitcoin has a never ending trust in this case and will continue to be the favourite crypto.
of course why would you invest in not safe investment when you can put your money in a currency that you know will continue to grow each year.
|
|
|
|
HUSTLER
Member
Offline
Activity: 185
Merit: 10
|
|
December 30, 2021, 05:05:04 PM |
|
Bitcoin's trust comes from the fact that all the transactions are public and no one can change them or manipulate them, there for there is no room for fraud and injustice, which we normally would find in the current economic environment in our society, where transactions are controlled and manipulated by banks and governments where bribe fraud and corruption can be done freely and they go unnoticed, because no one has access to them, that is why we need bitcoin or the blockchain technology to be implemented into our real life transactions to bring back trust.
|
|
|
|
BuNga_cute
|
|
December 30, 2021, 10:50:17 PM |
|
What you say is true and makes a lot of sense, because no matter how good Bitcoin is, it's still risky to risk all of our money in Bitcoin. Moreover, many rich people give advice to always invest in several assets, because if one asset loses, we can still generate profit from other assets. Especially if all the assets we have go up, it opens up opportunities for us to become millionaires or billionaires. I am among those who have known Bitcoin for a long time and have also managed to make big profits from Bitcoin several times. But I admit that it is very risky if we only invest in Bitcoin, because Bitcoin does not continuously generate profits. Sometimes Bitcoin also experiences a decline, if that happens we must be able to have income from other places, it's important to diversify our money across multiple assets. Trust is there but the final decision would really be depending on a certain individual and we know that diversification is always been recommended and only invest on what you could afford to lose on here in crypto because no matter how Bitcoin flying out with colors but there's no guarantee that it would lasts out forever on which you do come into a point on where you do go all in without minding that particular risks on getting wrekt if the market would make out some sudden u-turn. I dont blame out people on having that support but they should be mindful about probabilities. Indeed, so far trust in Bitcoin is increasing, even many institutions are starting to dare to invest in Bitcoin in the long term. But that doesn't mean Bitcoin will last forever, because someday there will be something better than Bitcoin. Because that's how technology develops, there will always be technology that is much more sophisticated. So it's not wrong that we have very high trust in Bitcoin, but don't overdo it, because anything in excess can have a bad effect. So think carefully about the risks that will occur if we risk everything for Bitcoin. We really have to think about all the possibilities that will happen, including thinking about the worst risk that will happen to Bitcoin.
|
|
|
|
LUCKMCFLY
Legendary
Offline
Activity: 2450
Merit: 1855
Leading Crypto Sports Betting & Casino Platform
|
|
January 10, 2022, 06:16:05 AM |
|
Bitcoin's trust comes from the fact that all the transactions are public and no one can change them or manipulate them, there for there is no room for fraud and injustice, which we normally would find in the current economic environment in our society, where transactions are controlled and manipulated by banks and governments where bribe fraud and corruption can be done freely and they go unnoticed, because no one has access to them, that is why we need bitcoin or the blockchain technology to be implemented into our real life transactions to bring back trust.
It is that trust lies in several ways, firstly the trust that the transactions are safe, and that the money that is handled through BTC will arrive in seconds and that is already above any bank worldwide, besides that they are not needed No bank permits to move the money that we want, with a bank yes, then the trust and security that BTC provides is unique. Confidence worldwide has already begun, and it is incredible, but it began with a government of a third world country, how is such a country an example to Europe and the USA? What happened to level 1A countries? Well, they are receiving a lecture from El Salvador, on how they are taking advantage of the benefits of BTC, where a president did not believe the IMF or any international regulatory body, he only did what was right, I think that more confidence in the world cannot be given, I think that now most countries will stick to the model implemented by El Salvador.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
panukurap
Full Member
Offline
Activity: 486
Merit: 100
DAEFROM.com
|
|
January 10, 2022, 02:12:47 PM |
|
Bitcoin has the highest level of trust it seems because Bitcoin is the first coin that has ever existed in cryptocurrency, besides that Bitcoin also includes staying strong and surviving from the beginning until now. Even Bitcoin's performance is getting better from year to year, this certainly makes many people interested and believe in it. Until now Bitcoin is still leading to be the king of crypto, almost the whole world knows about Bitcoin.
|
|
|
|
Vaskiy
Legendary
Offline
Activity: 2646
Merit: 1106
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
|
|
January 10, 2022, 03:24:17 PM |
|
Bitcoin has the highest level of trust it seems because Bitcoin is the first coin that has ever existed in cryptocurrency, besides that Bitcoin also includes staying strong and surviving from the beginning until now. Even Bitcoin's performance is getting better from year to year, this certainly makes many people interested and believe in it. Until now Bitcoin is still leading to be the king of crypto, almost the whole world knows about Bitcoin.
Were There Cryptocurrencies Before Bitcoin?Even before the innovative bitcoin into the world there were more attempts of creating cryptocurrency and digital cash. However very few have succeeded in this, and hasn't reached the level of usage as bitcoin. Those are very early days for technology to make big changes. Bitcoin got innovated at the right time, which means people are well aware of technology and got used to it. This made it grow gradually.
|
|
|
|
|