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Author Topic: The most reliable coin to invest in is Bitcoin.  (Read 1078 times)
DoublerHunter
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February 19, 2022, 09:49:34 PM
 #61

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.
^ You have made a point on this and I agree that there is no reliable investment but BTC belongs to the investment that you could trust to hold and gain profit when there is a healthy market after buying on it. Everything in crypto was very risky but only BTC has trusted there are not those altcoins that could there is a possibility of losing the value in the long run. However, BTC is still considered a good investment no matter it is reliable or not from your point of view.
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February 20, 2022, 08:58:14 AM
 #62

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.
Yeah that’s right, being the first cryptocurrency to be created gives Bitcoin so many advantages in the market. And that is why it has remained at the top and can’t be beaten by any other cryptocurrency that has been created so far; a lot of them with the aim of defeating Bitcoin and being the top cryptocurrency overall are not able to achieve that.

As long as the cryptocurrency market continues, anyone who hears about the word cryptocurrency will always think of Bitcoin before any other cryptocurrency there is. Bitcoin has more popularity than any other cryptocurrency in the market. So, it will always continue to be ahead of them and that also makes it a better choice for investment, because there is every opportunity that it will keep on growing in the future.
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February 20, 2022, 12:31:12 PM
 #63

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.
I agree with you. By having 3 investment methods for bitcoin, we can choose which one is the best for us to get profit. Maybe we can make all 3 investments at once so if we take a short-term investment, we can sell some of the amounts we bought at a low price and take the profit. Meanwhile, we can hold other amounts for middle and long-term investment, which will benefit us in the future.

We will only sell bitcoins for a long-term investment when the price reaches the top price. But it will all depend on the strategies and plans we make and hopefully we can get big profits.

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February 20, 2022, 12:56:52 PM
 #64

Yes.... so far it seems as though Bitcoin is recovering after every large drop in the price, so it gives people multiple opportunities to make a profit. Let me give you an example of what one of my friends did, when he bought at the all-time-high price of $18 000 and then when it dropped to $3000 and it took 3 years to recover.

He jumped in on $18 000 ...thinking that it will go much higher... but... the opposite happened. The price took a nose dive to $3000 and it took 3 years to get back to $18 000. So other people will never invest in something like that, but he said... f%^&k that, he bought 5 bitcoins at $3500 and he hoarded...and hoarded...and hoarded.... then the price recovered to $18 000, but he still did not sell, he just continued to hoard.

He eventually sold at $60 000 and made a profit of over $300 000 ......... (nothing else performed that well over the same period)  Wink

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February 20, 2022, 04:32:00 PM
 #65

Bitcoin is the most popular coi and most valuable coin to invest. Bitcoin is most favourite crypto many countries. Bitcoin  investment increase day by day.Nowadays people interested in bitcoin investment. Bitcoin is long term investment  coin i think. Few years ago bitcoin price was too low but it touched already $65k+ in 2021.I think when bitcoin price will grow up in future.
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February 20, 2022, 05:44:43 PM
 #66

Yes.... so far it seems as though Bitcoin is recovering after every large drop in the price, so it gives people multiple opportunities to make a profit. Let me give you an example of what one of my friends did, when he bought at the all-time-high price of $18 000 and then when it dropped to $3000 and it took 3 years to recover.

He jumped in on $18 000 ...thinking that it will go much higher... but... the opposite happened. The price took a nose dive to $3000 and it took 3 years to get back to $18 000. So other people will never invest in something like that, but he said... f%^&k that, he bought 5 bitcoins at $3500 and he hoarded...and hoarded...and hoarded.... then the price recovered to $18 000, but he still did not sell, he just continued to hoard.

He eventually sold at $60 000 and made a profit of over $300 000 ......... (nothing else performed that well over the same period)  Wink

Your friend really has strong nerves as he saw his investment going down from 18k to 3k and even then he averaged his investment by buying more BTC at 3500$. One key rule of every investment sector is that never buy when price of token, stock or any-other commodity is at its peak, its time when whales are selling and vice versa. Buy when everyone fearful of buying and sell when everyone greedy to buy (Warren Buffet)
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February 22, 2022, 08:59:02 AM
 #67

. 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
I wouldn't really say that both were active "currencies" like what Bitcoin is today because, for Digicash, "transactions were unique in that they were anonymous due to a number of cryptographic protocols developed by its founder." declared bankruptcy in 1998 so we can agree on centralization but,
b-money , it was one of the early, proposed cryptocurrencies but was never officially launched so we can't really say it was centralized and had every similarity with what Bitcoin and other cryptocurrencies have today. Could it be that Wei Dai it then developer understood where that will lead and eventually didn't want to go further with it? and why did eventually some anonymous Satoshi came with the same concept  Huh Huh Huh  

Anyways, Bitcoin is also for me the most reliable coin to invest in and history has shown this too.
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February 22, 2022, 10:34:19 AM
 #68

Bitcoin is the most popular coi and most valuable coin to invest. Bitcoin is most favourite crypto many countries. Bitcoin  investment increase day by day.Nowadays people interested in bitcoin investment. Bitcoin is long term investment  coin i think. Few years ago bitcoin price was too low but it touched already $65k+ in 2021.I think when bitcoin price will grow up in future.

It's a bit difficult for us now to say that bitcoin will be able to pass back the price of $65k like last year but for that increase we currently need a lot of patience, maybe by the end of 2022, we look forward to the price of bitcoin going to the price we dreamed of, like what happened in the 8th month.  until the 11th month of 2021 yesterday.
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February 22, 2022, 10:44:47 AM
 #69

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.
its always been the best choice mate, being in Bitcoin than other altcoins , i am not saying that altcoins are not bringing us profit but it is more practical and safest for bitcoin to be one.
i know the coin for year and i keep making money from this though sometimes this took long before taking my gain.
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February 22, 2022, 12:31:39 PM
 #70

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.

https://twitter.com/NEEDcreations/status/1495800849133719552

fiat and shitcoin are the failures of an fantasy, only Bitcoin is real

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February 22, 2022, 03:45:35 PM
 #71

Unarguably yes, btc is the most reliable invest than any other coins you can think of, with btc you don't have to fear of what will happen to the project long term and your funds, btc price can fluctuate but the fact remains it always recover and do better than the previous price, after so many years of btc price movement there is no need for people to panic a lot during times like this, it is a matter of few months and the market will come back up.

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February 23, 2022, 05:06:19 AM
 #72

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.

Bitcoin price may not be growing as strongly as other cryptocurrencies right now, but it is clearly the safest and most worth holding coin in the crypto market. If you are a crypto investor and you do not own some bitcoins, you are not a real investor.

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.
Could we have entered crypto bear season?, likely to continue to decrease in the near future. But long time, bitcoin's value is bound to hit an all-time high one day.



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February 23, 2022, 10:25:33 AM
 #73

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 are right, if you have a strong hands to hold then Bitcoin is the best investment for you, I will also suggest to also have another investment from altcoins which show high potential last year 2021, I prefer on investing on other coin also so that I will not be bored on waiting for Bitcoin to rise up soon.

So your statement means you're not a strong hand then? Because you said strong hands prefer Bitcoin as the best investment, while you prefer to have a few promising altcoins because you get bored and impatient waiting for Bitcoin to reach your target lol. Correct me if I'm wrong.
I wouldn't advice the OP to invest in altcoin especially that he is disappointed with those alts he have invested before. He should stick to his plan and buy more Bitcoin when he have the chance. Hodling Btc is the safest thing you can make in investing to cryptocurrency.
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February 23, 2022, 10:48:25 PM
 #74

When you can see, most popular coins disappeared and most of them make you feel awkward situation, then definitely bitcoin is smartest choice among them. Bitcoin also decreased so many tome but it only disappointed them who sold off cause even after crushing market on 2017, bitcoin gives 2-3x roi which is big achievement who trust bitcoin and as you said, bitcoin will recovery in long term, so there is nothing to worry but hold tightly.

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February 23, 2022, 10:55:40 PM
 #75

When you can see, most popular coins disappeared and most of them make you feel awkward situation, then definitely bitcoin is smartest choice among them. Bitcoin also decreased so many tome but it only disappointed them who sold off cause even after crushing market on 2017, bitcoin gives 2-3x roi which is big achievement who trust bitcoin and as you said, bitcoin will recovery in long term, so there is nothing to worry but hold tightly.

Thousands of alts have been abandoned and exited in this market, and yet, bitcoin is still maintaining its top position. It is more than a decade that no coin or token has replaced bitcoin, and I think, no alt will ever replaced its position for the next 5 years or so. This is why if you are a beginner in this market, better explore the bitcoin market first and then, just go with other alts once you are equipped with knowledge that may aid you in making a mistake with alt investments.
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February 23, 2022, 11:46:09 PM
 #76

Hello.

I have been investing in Bitcoin as well as other coins for a long time.
Agree. Bitcoin is the best crypto for investment, moreover for long term investment / holdig. We have known the value of Bitcoin, the trust, and also the worth of BTC itself.
BTC may always face some difficulties because of FUD, but so far, it will be able to recover again. Although right now, the price of Bitcoin is still very volatile, more to drop more ignificant. But, it doesn't mean to decrease the value. We can still keep holding while waiting for the next bullish era.

For altcoin itself, some are worthy, but mostly they are shit coins. So, becareful when going to invest in altcoins.

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February 24, 2022, 02:18:45 AM
 #77

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.
Not decrease for a long time? Are you sure you are ready to invest in bitcoin and other crypto currencies? Back in 2017, bitcoin went up as high as 20k and went down back to 3k. The same thing can happen again. In fact, the price went down from $60k to $36k. So always be prepared for the price to crash.
Most of the top altcoins shouldn't be disappointing you unless you have decided to invest in one of those shitcoins that promised you a lambo.

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February 25, 2022, 10:06:30 AM
 #78

I have been working with bitcoin for so long now, bitcoin is the most reliable coin and safest coin .I can invest in bitcoin without any panic and I am used to bitcoin in different states of the market values, not that other  altcoins are not good or profitable ,their are good altcoin but I can't compare any coin to bitcoin.

I make investment in altcoin  but I do more investment in bitcoin because of how reliable bitcoin is, other altcoin are just clone of bitcoin,  in the  cryptocurrency market bitcoin is in charge.

R


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February 25, 2022, 10:10:52 AM
 #79

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.


Some Bitcoin Investors have done extremely well.
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February 26, 2022, 03:49:17 PM
 #80

it's true that bitcoin is the most reliable coin to invest in, as we know bitcoin is the number 1 coin, but it's possible that altcoins can also be relied on as investments like SOL in 2021 have good performance, and I'm still holding on and hope this year will be more than last year
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