Reasons why I prefer Bitcoin over any other assets and dips don't panic me....

[Jasad]

The reason I personally choose bitcoin, is because knowing bitcoin, I know more about other crypto worlds, although the price of bitcoin sometimes drops drastically but it never makes me panic, because I believe the price of bitcoin will definitely go up, not because I don't want to invest in bitcoin. other assets, but I've experienced losses, so until now I only dared to invest in bitcoin, I didn't think about investing anywhere else for a while..

[JohnBitCo]

Compared with other altcoins, Bitcoin has more complete technical support and is a safer investment currency. And bitcoin has brought huge benefits to many holders, and in the long run, the increase in people's demand for it will also cause the price of Bitcoin to continue to rise.

The demand will truly going to increase overtime.

It's the first choice of many and anyone who had an experience long with bitcoin, dips won't really be a thing right now. Just let it pass and also buy if you have money for doing it.

Always remember on invest on the amount which you can afford to lose and not going all in or making out some buy increments on the money you should really be saving  for your emergency funds or something like that even though Bitcoin does have some good potential
but it wont really be always giving out that kind of assurance.

We do have our own preference and beliefs but always be considerate about risk taking factor and wont really be thinking
about getting wrekt.

Invest on the amount which you could afford to lose and wont be tending on  going all in overall.

Risk only what you can afford to lose.

Do DCA if there is some money that you can use as a spare which you can add for you to have more bitcoin. Actually bitcoin is the safest asset in the crypto market that one can invest with.

Apart from the dollar cost average, if you see that from 2009 till now, bitcoin has kept on growing. There is nobody who can say that he say bought bitcoin high in all these years and is in a loss. Only those who panic sold were in loss, else bitcoin is such an investment in which there is no loser over the time.

[Wipeout2097]

No doubt Bitcoin made benefit for numerous additionally made crypto millionaires.If we contribute for long term it is best amusement changer in long run.It is all since of the believe it picked up over the brief term. Since 2010 Bitcoin developing moreover confronted numerous plunges and difficult times but keeps going tall and high.This won't happen with any conventional way of venture. Another thing, the selection level and acknowledgment on genuine life needs have been always expanding with time.It appears presently crypto is ended up require for world and most populr in youthful generation and before long it'll take put as gloabal money.

[blackened515]

Bitcoin have been here for a long time. And have grown over the years. Despite the challenges it faced, it still survived and keep gaining popularity. While the reason I prefer Bitcoin is because no matter how the price falls. It always bouced back. However, we all understand that Bitcoin price do rises and dropped, so why panic when the price falls. I sees it as an opportunity to acquire more of it. Nevertheless, Bitcoin have a promising future.

[izsara]

Compared with other altcoins, Bitcoin has more complete technical support and is a safer investment currency. And bitcoin has brought huge benefits to many holders, and in the long run, the increase in people's demand for it will also cause the price of Bitcoin to continue to rise.

The demand will truly going to increase overtime.

It's the first choice of many and anyone who had an experience long with bitcoin, dips won't really be a thing right now. Just let it pass and also buy if you have money for doing it.

Always remember on invest on the amount which you can afford to lose and not going all in or making out some buy increments on the money you should really be saving  for your emergency funds or something like that even though Bitcoin does have some good potential
but it wont really be always giving out that kind of assurance.

We do have our own preference and beliefs but always be considerate about risk taking factor and wont really be thinking
about getting wrekt.

Invest on the amount which you could afford to lose and wont be tending on  going all in overall.

this is the important point because it is something like this must be done. In addition to making our finances not affected by inflation, it is also very useful to make us less panicked for long-term investments because it is very influential.
when the money we invest is not used for a long time then we will be very calm in holding coins, it's a different story when the money is money that is actually allocated for personal needs in real life because we don't know the needs in the real world when it will come and it could be come at an unexpected time

[Rufsilf]

My reason is very simple the why I prefer bitcoin than other is bitcoin does not depreciate instead it appreciate so when ever the market is going upside down you don't have to panic because it will surely normalize to it nature that my reason why I prefer bitcoin than other assets.

How can say that bitcoin is not depreciating? When in fact its market value dips in certain times.
There is much more simpler reason than that why is bitcoin is the most preferred assets despite of its volatility, it's because the market always recover and it is proven historically since 2009 that's exactly why there's no need to panic wether you're a trader or holder. That certain dipping is better to be viewed as an advantage to buy it now to make profits when it recovers, just like that! Just look at the bitcoin now, it's the most trusted crypto and preferred asset than any other.

[LUCKMCFLY]

Compared with other altcoins, Bitcoin has more complete technical support and is a safer investment currency. And bitcoin has brought huge benefits to many holders, and in the long run, the increase in people's demand for it will also cause the price of Bitcoin to continue to rise.

The demand will truly going to increase overtime.

It's the first choice of many and anyone who had an experience long with bitcoin, dips won't really be a thing right now. Just let it pass and also buy if you have money for doing it.

At this point you are absolutely right, many people enter BTC more every day, especially with small purchases, many enter with the hope of increasing their capital, of course they enter a market that is like a jungle, because everyone starts with a lot of courage and sometimes they do not resist the way, because the whales have their strategic plans very well established, those who enter with 500USD want to take it quickly to $ 1k and many times the market lowers the price to 250USD and this is something that they cannot resist and they leave, this depends a lot on the financial culture that one has, but the trend every day is to increase the demand for BTC, by pure logic as more demand enters the supply decreases causing BTC to increase in price.

[mm2543363580]

Dollar devaluation

Gold devaluation

Despite the fact that dollar is devalued and we all know that US is printing it without any backing of physician stuff like gold. We still need dollar and other fiat for our daily living, even BTC value is measured in USD. Gold is still stable and matured market, thats why its has huge market cap. IMO we get over excited in describing BTC, which is not fair.

[livingfree]

Compared with other altcoins, Bitcoin has more complete technical support and is a safer investment currency. And bitcoin has brought huge benefits to many holders, and in the long run, the increase in people's demand for it will also cause the price of Bitcoin to continue to rise.

The demand will truly going to increase overtime.

It's the first choice of many and anyone who had an experience long with bitcoin, dips won't really be a thing right now. Just let it pass and also buy if you have money for doing it.

At this point you are absolutely right, many people enter BTC more every day, especially with small purchases, many enter with the hope of increasing their capital, of course they enter a market that is like a jungle, because everyone starts with a lot of courage and sometimes they do not resist the way, because the whales have their strategic plans very well established, those who enter with 500USD want to take it quickly to $ 1k and many times the market lowers the price to 250USD and this is something that they cannot resist and they leave, this depends a lot on the financial culture that one has, but the trend every day is to increase the demand for BTC, by pure logic as more demand enters the supply decreases causing BTC to increase in price.

That's right.

And there are the others that don't see it worth anymore on entering bitcoin because they think it's expensive and the growth has to be a lot for them to make money.

That's why they're ending up buying altcoins that with a few move of centavos, they make a bunch.

[aysg76]

Despite the fact that dollar is devalued and we all know that US is printing it without any backing of physician stuff like gold. We still need dollar and other fiat for our daily living, even BTC value is measured in USD. Gold is still stable and matured market, thats why its has huge market cap. IMO we get over excited in describing BTC, which is not fair.

Have you ever tried to find out that why is inflation rising continuously and what government is doing to tackle those matters? They are just printing infinite supply of notes making them devalue over time and from a long time it was not backed by any asset at all which was just an illusion only.We need fiat in our daily lives and you are right on that point but here we are talking about future investment plans and what do you think i am paying with bitcoin all my expenses? No at this time we need fiat but having vision for future and how dollar have been devalued over time makes me worried and btc enthusiastic.

You said gold is stable and you are right as it has not given any returns in the past 10 years to the Holders and if you want such risky and useless investment then you are free to choose man as nobody restricts us to do so.

For me bitcoin is best and it might not be for you but saying bitcoin is not useful then gold and fiat is not fair and preety senseless according to me.

[kucritt]

yea i agree with you, traditional money or conventional money have a defaluation every year, its mean that the value of the money are decreasing every year, for example 10 years ago in my country, 0.4$ can buy the 1litre of gas, but right now 0.4$ can buy 0.5 litre of gas, its a defalutaion
its very different with bitcoin, in 2011, bitcoin are priceless, but we can see right now, bitcoin is the most expensive cryptocurrencies in the world

[Shagnasty]

My reason is very simple the why I prefer bitcoin than other is bitcoin does not depreciate instead it appreciate so when ever the market is going upside down you don't have to panic because it will surely normalize to it nature that my reason why I prefer bitcoin than other assets.

[Obito]

My reason is very simple the why I prefer bitcoin than other is bitcoin does not depreciate instead it appreciate so when ever the market is going upside down you don't have to panic because it will surely normalize to it nature that my reason why I prefer bitcoin than other assets.

That's the case for any investment that has a long-term plan and has a tremendous lifespan, they continue to appreciate in value because they are a sought after investment, you can see this with the stock of Coca Cola, they have been over half a century already and their company is still growing, another example is Apple. Not just bitcoin but most investments are appreciating if they are a legitimate one.

[Kakmakr]

Well... I can honestly say.. Bitcoin BTC has been my best investment I have ever made. I bought bitcoins BTC when the price was just over $300 per coin and I do not regret it for one second. I have sold some bitcoins at $17 000 in 2017 and I kept enough to sell some more at $25 000 and then again at $40 000 and lately when it reached the all-time-high. 

Bitcoin has changed my life and my financial situation significantly and I will support it and promote it and educate people about it ...as payment for all that it done for me. 

[aysg76]

Well... I can honestly say.. Bitcoin BTC has been my best investment I have ever made. I bought bitcoins BTC when the price was just over $300 per coin and I do not regret it for one second. I have sold some bitcoins at $17 000 in 2017 and I kept enough to sell some more at $25 000 and then again at $40 000 and lately when it reached the all-time-high. 

Bitcoin has changed my life and my financial situation significantly and I will support it and promote it and educate people about it ...as payment for all that it done for me. 

That's the right strategy as why should we regret if we want to hold bitcoin for long term investment plan and know it will rise over time and the best part is all other great financial assets have been down from long and what returns could we expect from them? The fiat is going down,gold is down and traditional stock market is risky and not too much good profits for me personally so I am left with bitcoin as the best plan and that's why i don't fear investing and holding it for my lifetime.

But still you know people will argue over it who has no idea about the Bitcoin and will pretend as everything is fine in the real world and fiat is okay and inflation is nothing at all but they all know inside what's the truth and it cannot be overshadowed for long.Bitcoin is true power of funds and freedom.

[JohnBitCo]

You just let believe you are common Gregor.

We are gonna be super gentle.

Only those who are new in crypto are worried about the dumps. The people who are in crypto for few years know that these dumps are not permanent. For the newbies, there is no need to worry about the Bitcoin price dump. Sooner and later this dump will be over and bitcoin will reach new highs.

[barabarian1]

You just let believe you are common Gregor.

We are gonna be super gentle.

Only those who are new in crypto are worried about the dumps. The people who are in crypto for few years know that these dumps are not permanent. For the newbies, there is no need to worry about the Bitcoin price dump. Sooner and later this dump will be over and bitcoin will reach new highs.

the base is this is investment, gold has decreased in price, also the other investment. bitcoin is like stock, they can drop anytime, in just second. what we afraid is, how many bitcoin do we have? store as much as possible is good than just panic about dump and pump.

[Wawa2013]

yea i agree with you, traditional money or conventional money have a defaluation every year, its mean that the value of the money are decreasing every year, for example 10 years ago in my country, 0.4$ can buy the 1litre of gas, but right now 0.4$ can buy 0.5 litre of gas, its a defalutaion
its very different with bitcoin, in 2011, bitcoin are priceless, but we can see right now, bitcoin is the most expensive cryptocurrencies in the world

After getting to know Bitcoin I am increasingly convinced that Bitcoin is the best to be able to generate profit compared to other assets. Moreover,
Bitcoin's performance is not affected by the pandemic situation, even Bitcoin this year managed to provide a very large profit. Regarding traditional
currencies, each year always experiences inflation, so its value will continue to decline. Therefore, I am no longer interested in saving money at
the bank. Especially in a pandemic situation, all countries are printing money, this will cause hyperinflation and traditional currencies will continue
to decline in value. While Bitcoin supply is limited, so every year the price will continue to rise. So with the decline in the price of Bitcoin now there is
no need to worry, because with increasing demand, Bitcoin price will recovered soon and could reach new ATH. If we want to get rich, investing
in Bitcoin is the answer.

[nurilham]

If we follow the price movement of Bitcoin from their inception until now we will definitely be amazed by it and that's why many investors join and invest in Bitcoin. as we know that the price of Bitcoin can skyrocket in the market and it will provide big profits for investors. investing in Bitcoin is just like any other investment which certainly has advantages and also risks but as long as we follow and manage it well then we don't have to worry about it. Bitcoin is still a crypto target for crypto lovers and that is why it is believed that the price of bitcoin will skyrocket in the future.

[Rengga Jati]

No doubt, Bitcoin is exactly the most reasonable asset to have, in whatever the market condition, this actually will not really influence tot he long term holders. We trust in Bitcoin and how tis first crypto journey from 2009 until right now. Up and down are always here with Bitcoin, many more FUDs are spreading about Bitcoin. But see? Bitcoin is still here, rising tot he top again and again. Even this may be like a wave, up and down for the price, make many people so panic, but in fact, Bitcoin never lie, this coin will be back again to make that most valuable thing become true.
Only time will tell.
But if we are exactly a panic person, well, see goodbye,