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Author Topic: The most reliable coin to invest in is Bitcoin.  (Read 1078 times)
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February 17, 2022, 03:52:52 PM
 #41

yes, the bitcoin is the first coin and once it is increasing and almost every coin is increasing. Many times bitcoin break his record and create a new record. But other coins are very increasing or not satisfy to me, because everyone thinks and wants to get more profit. So, investing in bitcoin is good for anyone.
Bitcoin is the boss of other coins. It use to drag other coins along with him. Some other coins use to give people big profit in a short time, but the problem is that most of them don't use to stand the test of time. With experience I can tell you that any Altcoin project is very hard to make people believe in them.

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February 17, 2022, 05:49:10 PM
 #42

yes, the bitcoin is the first coin and once it is increasing and almost every coin is increasing. Many times bitcoin break his record and create a new record. But other coins are very increasing or not satisfy to me, because everyone thinks and wants to get more profit. So, investing in bitcoin is good for anyone.
Bitcoin is the boss of other coins. It use to drag other coins along with him. Some other coins use to give people big profit in a short time, but the problem is that most of them don't use to stand the test of time. With experience I can tell you that any Altcoin project is very hard to make people believe in them.

I agree that when it is on red days, other coins will be on red days as well. The altcoin is preferable because it is extremely inexpensive and has the potential to be volatile, meaning that it could rise to the top of the market in a matter of hours, making you wealthy in the process. Despite the fact that there are numerous new altcoins that you cannot easily trust because some are scams and others are promising, you should conduct your own research before investing; however, if you really want to invest in bitcoin, you should have sufficient funds to do so.
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February 17, 2022, 07:27:02 PM
 #43

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.
Furthermore, even if investors go through altcoins' path for faster gains, it's advisable to always keep most of the holdings in bitcoin. Being very conservative, I would say to store at least 80% of crypto funds in bitcoin, doesn't matter the scenario. 20% is a good margin to play with altcoins, although I would risk only 5% of that total amount with questionable altcoins. So 15% of that money would be invested in promising altcoins such as ethereum, since it's a pretty solid one, or any other which guarantee extra benefits inside determined investment platforms like FUN, CRO, NEXO and so on...

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February 17, 2022, 11:24:27 PM
 #44

yes, the bitcoin is the first coin and once it is increasing and almost every coin is increasing. Many times bitcoin break his record and create a new record. But other coins are very increasing or not satisfy to me, because everyone thinks and wants to get more profit. So, investing in bitcoin is good for anyone.
Investment in bitcoin guarantees profits compared with other cryptocurrencies, though it might not yield a massive profit compared to those pump and dump meme coins which consist of many scam projects, however it's very obvious it can never be a fail investment, investors in bitcoin has no course to worry about its price because historically it's price had experienced huge and massive corrections, but afterwards return to its bullish runs and pump massively to attain a new ATH and I forsee such an event reoccurring again.

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February 18, 2022, 05:22:20 AM
 #45

After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing.
Bitcoin is one of the best investment thay you can ever make. And yes, it is worth investing in. Although you should be cateful with your investment because it is stll risky and volatile...Bitcoin gives hope to people to become millionaire. And this is the reason why people are into it so much.  Smiley
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February 18, 2022, 09:46:42 AM
 #46

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.’
My guess is he have done scanning the past charts or the past performance of bitcoin and he found out that the coin is strong that it does not go down heavily but I think that was a little bit wrong IMO because there was a dip where btc go down low to 3k and I think this is one of the lowest price btc have reached but no problem with that because btc can make a comeback for those who didn't lose faith on believing on it.

I am only intrigued the moment you say that btc has a best development team; team? I think it is still a mystery if btc is created by a group of people (team) or it is only created by one person and that person is Satoshi Nakamoto.

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February 18, 2022, 10:05:38 AM
 #47

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.
We're all holding onto the future of bitcoin. No doubt that it's the best asset, the best cryptocurrency that one can ever have. If someone is disappointed with the price now. Always remember to zoom out the charts and you'll finally realize that we've gone that far and whatever is happening right now, it's just part of the growth. Looking forward to the future and you'll definitely going to reap the profits once it has reached the next bull run or so.

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February 18, 2022, 10:45:06 AM
 #48

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.
We're all holding onto the future of bitcoin. No doubt that it's the best asset, the best cryptocurrency that one can ever have. If someone is disappointed with the price now. Always remember to zoom out the charts and you'll finally realize that we've gone that far and whatever is happening right now, it's just part of the growth. Looking forward to the future and you'll definitely going to reap the profits once it has reached the next bull run or so.
Let them make it worst in their mind about the eagerness to profit when the market is dumping , this is the problem if the investor does not know what is the purpose and how this market move.
most of those disappointed in this market behavior are those who wanted to earn quickly not considering that volatile market like this will always act growing and falling.

If they will only search back the history and how this works? they will realized that they are lucky to have bitcoin while the price is still this low.,

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February 19, 2022, 07:42:41 AM
 #49

Investing in bitcoin is a smart option. Bitcoin is the first digital asset that pioneered the cryptocurrency ecosystem so that the popularity of bitcoin will always be like a living legend, this has a positive impact on bitcoin price fluctuations because it is certain that it will always exceed its maximum value from time to time. The key is just patient and good at assessing the market.
Not only that, some people invested in some altcoins  but later become scam, some altcoins can be good but there are many of them that are not good. If you check the history of each coins individually, you will noticed some got to ATH in 2017, there was a bear market and coin price significantly falled until 2020 when ATH was reached again, but bitcoin reached ATH again while there are many altcoins that increased but did not get to ATH. Another reason bitcoin is the best is because we should not use what is centralized as coins, almost all altcoins are centralized in one form or the other unlike bitcoin.

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February 19, 2022, 08:17:11 AM
Last edit: February 19, 2022, 08:36:14 AM by Zilon
 #50

. Bitcoin is the first digital asset that pioneered the cryptocurrency ecosystem so that the popularity of bitcoin will always be like a living legend,
Bitcoin isn't really the first cryptocurrency,  before Bitcoin we have had b-money and Digicash although both failed because the were more centralized and was very open to government manipulation. The byzantine General problem which Satoshi was able to tackle is actually what  gave Bitcoin it's edge. Bitcoin is the first crypto currency that survived this Long and not the first created or developed and reasons been that it was devoid of central authorities been the middle man other rather the network is open to volunteer who serve as miner that make validation and confirmation of transaction and also adding transaction using append only into the Blockchain ledger
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February 19, 2022, 10:36:02 AM
 #51

Investing in bitcoin is a smart option. Bitcoin is the first digital asset that pioneered the cryptocurrency ecosystem so that the popularity of bitcoin will always be like a living legend, this has a positive impact on bitcoin price fluctuations because it is certain that it will always exceed its maximum value from time to time. The key is just patient and good at assessing the market.
While the others are still skeptic with bitcoin and think that it's not a smart choice to invest with. We holders of it are going to see the higher value of it in the near future.

Bitcoin has taught us to be patient and that has became our normal attitude towards the market. We've been more patient than before after learning that this is a long game that we should take heed as we stay.



.
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February 19, 2022, 11:10:38 AM
 #52

It’s the best long term coin along with ETH in my own opinion. Because no matter if they go down, they will always bounce back stronger than ever. It’s best however to do DCA on Bitcoin regardless of the price, that is if you can afford to lose a small percentage of your income, salary, etc.

Pla
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February 19, 2022, 11:38:24 AM
 #53

No wonder why bitcoin is the most reliable when it comes investment in the crypto space, because indeed many people still relying in it rather than alts especially if their purpose of investing is for long run..

You know why? Well because obviously most investors that investing in alternative crypto currency dont hold and they used to make quick profits reason most alts experience rug pull after hitting high value.

Unlike bitcoin holders and whales wherein they wants to see bitcoin improving reason most investors sees its always a smart idea to invest bitcoin than alts because surely afterwards they can make good returns from it.
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February 19, 2022, 01:29:19 PM
 #54

That definitely a wise choice when investing in cryptocurrency. Bitcoin is obvious to have the potential since before but people just ignore it until the moment has come that it becomes popular and many rich people had come. But of course, we can't just ignore the potentiality of some coins as there are still many of them that are reliable like ETH and BNB and many more. It is indeed we need to buy them are the right time which is during the dip but buying them during the bullish season could somewhat lose our opportunity to gain more.
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February 19, 2022, 01:55:33 PM
 #55

It’s the best long term coin along with ETH in my own opinion. Because no matter if they go down, they will always bounce back stronger than ever. It’s best however to do DCA on Bitcoin regardless of the price, that is if you can afford to lose a small percentage of your income, salary, etc.
Not to question the potentiality of Bitcoin and ETH as it was been known since the early days of crypto. And I believe that majority of the investors are investing more shares in BTC than altcoins which is literally the best thing to do.
I invested in BTC and aim for the long-term (3-4years) coz I was thinking that I can double my money at that time.
For me, it wasn't just only a pure investment but I was also preparing the future where we can make use of them to make purchases.

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February 19, 2022, 02:08:11 PM
 #56

I wouldn't say reliable though, that can mean that you can just pull off your bitcoin anytime and still get a profit, I think it's more on trusted rather than reliable. Remember that investing is risky and there's no such thing as a reliable investment because all of them are vulnerable to bear markets and that could spell disaster for someone who thought that they're reliable.



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Rainbot
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February 19, 2022, 02:24:14 PM
 #57

Investing in bitcoin is a smart option. Bitcoin is the first digital asset that pioneered the cryptocurrency ecosystem so that the popularity of bitcoin will always be like a living legend, this has a positive impact on bitcoin price fluctuations because it is certain that it will always exceed its maximum value from time to time. The key is just patient and good at assessing the market.

All of us here admit that bitcoin is the safest and most profitable crypto for us to hold, but in my opinion if we have a small capital and want a quick profit, actually bitcoin is not the right choice, although bitcoin is a crypto that is volatile but for trading or investment short term can't give big returns compared to other altcoins like trx, bnb, eth or others, I think bitcoin is only suitable as long term investment asset nowadays.

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michellee
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February 19, 2022, 04:58:28 PM
 #58

Investing in bitcoin is a smart option. Bitcoin is the first digital asset that pioneered the cryptocurrency ecosystem so that the popularity of bitcoin will always be like a living legend, this has a positive impact on bitcoin price fluctuations because it is certain that it will always exceed its maximum value from time to time. The key is just patient and good at assessing the market.

All of us here admit that bitcoin is the safest and most profitable crypto for us to hold, but in my opinion if we have a small capital and want a quick profit, actually bitcoin is not the right choice, although bitcoin is a crypto that is volatile but for trading or investment short term can't give big returns compared to other altcoins like trx, bnb, eth or others, I think bitcoin is only suitable as long term investment asset nowadays.
There is no safest coin because even bitcoin is bound to experience price fluctuations. The bitcoin price may confuse many holders to decide whether they can still keep their bitcoins or sell them as soon as possible before they lose money.

If you have a small capital and want to make a quick profit, altcoins will be a good choice but to trade, you need to have skills in analyzing market conditions. But if it is an investment in crypto in the long term, bitcoin will be the right choice, while, altcoins are only a short to medium-term investment.

.
SPIN

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February 19, 2022, 05:30:09 PM
 #59

Investing in bitcoin is a smart option. Bitcoin is the first digital asset that pioneered the cryptocurrency ecosystem so that the popularity of bitcoin will always be like a living legend, this has a positive impact on bitcoin price fluctuations because it is certain that it will always exceed its maximum value from time to time. The key is just patient and good at assessing the market.

All of us here admit that bitcoin is the safest and most profitable crypto for us to hold, but in my opinion if we have a small capital and want a quick profit, actually bitcoin is not the right choice, although bitcoin is a crypto that is volatile but for trading or investment short term can't give big returns compared to other altcoins like trx, bnb, eth or others, I think bitcoin is only suitable as long term investment asset nowadays.
There is no safest coin because even bitcoin is bound to experience price fluctuations. The bitcoin price may confuse many holders to decide whether they can still keep their bitcoins or sell them as soon as possible before they lose money.

If you have a small capital and want to make a quick profit, altcoins will be a good choice but to trade, you need to have skills in analyzing market conditions. But if it is an investment in crypto in the long term, bitcoin will be the right choice, while, altcoins are only a short to medium-term investment.
Bitcoin will be the best mainstay for long term holders and undeniably because it will definitely be profitable and safe, and most importantly have to be patient and consistent in doing so and fluctuations will be a confusion or concern for those doing short and medium term.
But not in the long term, because the main goal is a new ATH or a high price and to achieve it will go through uncertain ups and downs and will be ignored in the long run, because the goal is a high price, even if you have to wait a very long time.

and it's good that investors have 3 methods, long term for bitcoin and short and medium term for altcoins and with a note they have to master all three, and it's much better and profitable.

.
SPIN

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stepwilli
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February 19, 2022, 05:38:03 PM
 #60

Right now, there wouldn’t be a better choice to make than Bitcoin. Bitcoin has always been the better choice for every investor who wants to start investing in the cryptocurrency market. That’s why you would see most people advise you that whenever you are investing in the market that majority of your investment fund should go into Bitcoin, why whatever is left of it can then go for the altcoins market. That’s because they really know that Bitcoin is much more important and would be worth your investment over the years than any other coin that you would be choosing.

Yet, we have had so many options, so many coins have been created over the years, but after everything you still come to realize that Bitcoin remains the best.
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