Accardo
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February 16, 2022, 09:28:46 PM |
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I think the bitcoin price will increase after the month of February when the Asians will round up their new year. In the past, I remember that most Asians who hodl bitcoin sold a lot of their bitcoin during their New year season to buy gifts for their loved ones. This happened in 2018 when bitcoin price dropped from $20k down to $11k. February is a significant month in the bitcoin price history except for last year when Elon Musk and other whales pumped the price of bitcoin to an unexpected ATh. It's better to hold bitcoin than any other Alt because majority of the people go for bitcoin and when people mention cryptocurrency the first coin that comes in mind is bitcoin. It paves way for other cryptocurrencies and they all follow the price of bitcoin. If it's bearish time for bitcoin so it'll be for many other Alt coins in the market.
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AmoreJaz
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February 16, 2022, 10:15:06 PM |
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Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.
Probably most investors think like you, and thanks to this fact, a strong support community has been built along the years which keep bitcoin price on the price range we see right now, with the possibility of rising to new ATH levels yet when the market becomes highly optimistic. That is the power of confidence bitcoin was able to create among its enthusiasts. So far there hasn't been any disappointments strong enough to break this chain of trust. The future of bitcoin is bright because of investors like you. crypto users will go to other alts to diversify their portfolio and possibly gain profits but they will always go back to btc as their main crypto holding. because as we've seen, alts come and go, but btc keeps its position in the market. we can always invest in other alts and find some profitable ones. but most of them are not worth holding long term as the lifespan is usually questionable. this is why most crypto holders always have btc as part of their stash. because you can't question anymore its reliability.
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italiaexec
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February 16, 2022, 11:07:32 PM |
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Reliable? Bitcoin dropped 50% after hitting its all time high twice last year. The Whales and Institutional investors can wreck havoc on the price whenever they like. The entire crypto market is coupled with Bitcoins rise and fall for now which is not healthy.
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Rengga Jati
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February 16, 2022, 11:40:49 PM |
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Imo,, Bitcoin is the best cryptocurrency for moreover long-term investment, for people who like doing the long-term investment, with high trust and value, surely, Bitcoin deserves it. It has been proven by many people who are still holding Bitcoin from era to era, from bearish to bullish during several years. Although we know that the price ranges of Bitcoin right now are very unpredictable and the price is still under the expectation, the chance of Bitcoin to rise up again is still high, even in the year or in the next bullish.
What I cannot imagine is why people love buying Bitcoin and investing in Bitcoin when the price is really increasing and reaching almost the ATH. But when the price of Bitcoin is dropped, they are too afraid.
Actually, some altcoins are also reliable to invest in. But it needs more consideration to pick which altcoins are good and potential enough
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Kelvinid
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win lambo...
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February 16, 2022, 11:51:37 PM |
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Reliable? Bitcoin dropped 50% after hitting its all time high twice last year. The Whales and Institutional investors can wreck havoc on the price whenever they like. The entire crypto market is coupled with Bitcoins rise and fall for now which is not healthy.
You seem right, the market isn't healthy to see but this is just for now. The recovery is not instant that we can see it right away. The market has a huge correction and we know this gonna happen but people, the majority are still believing that it will turn back high again that is why they hold their Bitcoin. I think you did the same? With this current situation, well, I don't just blame whales but this is just to come normally whether we like it or not. Correction is part of the market journey that we can't avoid.
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lienfaye
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February 17, 2022, 01:31:29 AM |
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We already witness the ups and down of Bitcoin but still here existing and in fact going stronger, due to increasing number of investors trusting and engaging themselves plus the adoption of some countries and businesses. Compared to altcoins we can really say that Bitcoin is way better and reliable.
Thats why it is advisable for investors who are new to crypto to include Bitcoin on their portfolio. Well, its not bad to diversify because there are altcoins too that is worth to invest in. However since Bitcoin is in the top, it is wise to prioritize it.
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@AJ@JA@
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February 17, 2022, 02:03:12 AM |
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Hello.
I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.
You're not wrong, bitcoin is and always will be King Daddy in the cryptocurrency world. Everything else is a shitcoin, I see nothing to suggest I’m wrong with that statement. Seriously if you want hard money, digital property with an impregnable, indestructible network running it then bitcoin is for you. Opt out of the fiat ponzi scheme & put your net worth into bitcoin.
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mk4
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February 17, 2022, 03:19:55 AM |
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It is the most invested currency in cryptocurrency. And although the price of this coin has decreased many times before, in a few days the price has reached the desired level again. So it can be said that the price of this coin will reach the desired price again.
If that's honestly your personal thesis on why you're investing in bitcoin, then I really don't know lol. You could really make the same argument with a lot of other assets but it doesn't necessarily make it a "good" asset.
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Viscore
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February 17, 2022, 08:17:09 AM |
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Hello.
I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin.
Of course it is. If you buy bitcoin and hold it for long-term, historically it has never given a negative return. In fact, you can be quite sure that the return will be better than most investment you can make. Bitcoin has a high risk but it also gives you a high reward. The raise of bitcoin has made a lot of investor rich or millionaire. Thats why most people says "Bitcoin is the way of the future" and it is true. Many people has fulfilled there dreams because of bitcoin.
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mia_houston
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February 17, 2022, 09:18:15 AM |
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Hello.
I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.
Actually many other coins are also worth investing in and can provide a fairly large return if we are smart in choosing the portfolio of assets we want to invest in, eth and bnb for example are two assets that have been tested to recover quite quickly when the price declines in the market, In choosing investment assets, there are many factors that we must pay attention to so that we don't get caught in a loss, one of which is like we have to know whether the coin has strong fundamentals or not in the project, if coin don't have it at all, of course we have to avoid investing in that the coin, because projects that do not have strong fundamentals often do not have a guarantee and also a good future for their project.
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Obito
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February 17, 2022, 10:04:23 AM |
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Well, there's a reason why bitcoin is in the first place, after all it's the pioneer and it's the one that can make you more money and it's already a tried and tested cryptocurrency that can withstand the test of time with the bitcoin market movement since it's inception as an evidence for it's reliability, that's why you can't go wrong with hodling bitcoin because you know it's going to pay off when you hodl for long-term. Make no mistake though, if you know that you're not in it for the long-term, you will have to be careful with short-term dumps and bear markets.
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Dunamisx
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February 17, 2022, 10:23:48 AM |
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You're right about saying bitcoin is the first and most reliable cryptocurrency but don't be surprised that as bitcoin is doesn't guarantee you maximum protection towards the choice you made in trading and investing on it, if you don't know the technicality of how its been run, then you can fail even in bitcoin just as other crypto, learn and make personal research and findings, be careful of revealing any of your login credentials to public or soliciting help from unreliable people, website as most turn to be scam den.
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Poker Player
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February 17, 2022, 10:26:58 AM |
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I think in this part of the forum we are pretty convinced that Bitcoin is the best investment. Surely they wouldn't tell you the same thing in the alts section. The only thing is that the reasons you provide to justify it seem pretty poor to me. As mentioned, past results do not guarantee that they will be repeated in the future.
I think Bitcoin is the best because of its intrinsic properties: it is decentralized, limited and finite supply, ideal for storing and transferring value, especially in large quantities, etc.
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Slow death
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February 17, 2022, 11:25:00 AM |
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I think that more than 50% of people who are in this market already make the same mistake that you did, I myself at first lost a lot of money because I bought a lot of shitcoins and that until today have become useless, this makes us learn life lesson. bitcoin is the safe investment and some altcoins have also proven to be safe investments as long as the person understands that whenever the price of bitcoin drops a lot, the altcoin price also drops a lot and this can also make someone lose patience and sell at a lot of loss when could expect the price of bitcoin to increase a lot for the price of altcoin to increase a lot
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ethereumhunter
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February 17, 2022, 12:01:16 PM |
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Hello.
I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.
If you want to hold coins for a long period to get big profits, you can hold bitcoins. But please keep in mind that bitcoin can go up and down quickly so it can make you worried and anxious about the money you have used as an investment in bitcoin. As long as you hold on to bitcoin and do not tempt to sell at a low price, you still have the potential to make a profit later, especially if the price returns to the highest price. Even though it looks like bitcoin isn't currently going back up to $50k and is likely to go back down, you don't need to worry because bitcoin will go up slowly or quickly so you'll see that bitcoin will get the strength to go back up again.
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poldanmig
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February 17, 2022, 12:14:17 PM |
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Hello.
I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.
You and I may have a little difference in terms of investment, I personally prefer small coins for me to make trading assets because coins other than Bitcoin are more likely to have active movements in the market, and for those of us who do short-term trades of course several coins other than bitcoin is the right choice for profit, while bitcoin is the king of all coins, and I think bitcoin will provide great benefits if we dare to hold it for a long time in my opinion.
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LogitechMouse
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Paldo.io - Crypto Airdrop Database
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February 17, 2022, 12:26:44 PM |
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I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin.
Just by doing dollar cost averaging in Bitcoin will give you profit in the long term because you can see in its chart that it is only going upwards. Though there are times that it is in a correction phase, it always come back and surpass its previous ATH and I believe that this will happen in the future as well. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.
Like what happened after WHO declared pandemic in the world. After its drastic downward movement, Bitcoin went up and up and up until it reaches the $69,000 price mark a few months ago before going down by almost 50%. History has been shown that whenever Bitcoin goes up, it always exceeds its previous ATH so yes it will in the future but I don't think that it will be this year IMO but maybe next year.
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Henrobakkara
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February 17, 2022, 12:28:25 PM |
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Hello.
I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.
Even though I definitely agree with you when it comes to Investing in Bitcoin as it is mostly a guarantee that you will surely make a profit over time from your investments regardless of when you invested I believe that if we looked at some Alts too, though you didn't mention which ones failed you, you will find some good enough projects to invest in, I guess that's why you said some and not all.
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Peanutswar
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Top Crypto Casino
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February 17, 2022, 01:06:52 PM |
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Bitcoin already shows its potential we know from the year of 2019 we saw the price of the bitcoin dumps over 3k usd and makes recovery to its another ATH which is the 60k mark imagine this kind of comeback but again the bitcoin is volatile even though it happens still might pump or dump always make awareness to your trades and investments. Invest what you afford to lose not all people invest in bitcoin gives a profit.
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ChiBitCTy
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February 17, 2022, 01:44:58 PM |
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Hello.
I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.
Well I guess I’m glad that you feel this way, but I am curious as to what it is exactly about bitcoin that you see that makes you feel as confident as you do. I would of course agree with you on this sentiment. Bitcoin simply had better fundamentals and the best development team.’
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