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Author Topic: The most reliable coin to invest in is Bitcoin.  (Read 1078 times)
Rufsilf
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February 28, 2022, 01:10:33 PM
 #81

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.

Indeed, bitcoin will be the best and most suitable cryptocurrency for those who are into long term investing and for those who are willing to hold and have the patience it takes. If someone ask me why bitcoin out off all dozens of other coins, then my best answer is that bitcoin is the most reliable coins on the market now to invest in since it was created a decade ago and it is already proven overtime that it will always recover, so you're are guaranteed that it won't go to waste if you could just handle it correctly.

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February 28, 2022, 06:11:32 PM
 #82

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.

Will it be possible if you could elaborate on which coins have dissapointed you so far from your investments? Given the track nature of altcoins in the market, if you closely monitor the prices or if you HODL it for long-term, then the results would most likely be the same as the prices of some majority of the altcoins depend on the price of BTC as well.

Personally, if you plan on HODLing long-term, then investing into BTC is the way to go. Similarly, there are people who compare BTCs as to investing into blue-chip stocks as its price may be high but the returns are somehow guaranteed in long-term investment.

R


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March 04, 2022, 07:40:22 AM
 #83

Btc has been proving its ability and keep dominanting crypto market since years. It was worth of a few cents but now we can seen how it grows and skyrocket, become so bigger than mountain. I agree that, ups and downs also came in bitcoin history, crushed awfully so many time but again bounce back and never disappointed. If panic seller could understand this, then maybe we could see less manipulation in bitcoin chart
In fact, every year bitcoin is getting more popular, every year bitcoin is getting more and more interested by all people, starting from millennials, the small ones and even the old ones, even though bitcoin is still being opposed by the government but bitcoin enthusiasts have never decreased, unlike coins others are uncertain and do not last long.
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March 04, 2022, 08:01:43 AM
 #84

If Bitcoin can fulfill the function of bearing USD + gold, it is still seriously undervalued
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March 04, 2022, 08:10:33 AM
 #85


Will it be possible if you could elaborate on which coins have dissapointed you so far from your investments? Given the track nature of altcoins in the market, if you closely monitor the prices or if you HODL it for long-term, then the results would most likely be the same as the prices of some majority of the altcoins depend on the price of BTC as well.

Personally, if you plan on HODLing long-term, then investing into BTC is the way to go. Similarly, there are people who compare BTCs as to investing into blue-chip stocks as its price may be high but the returns are somehow guaranteed in long-term investment.

The main reason why I prefer BTC over other alts is that price of alts are mostly dependent on BTC price fluctuations. Till date no alts has reached its peak or ATH while BTC is down and out (there may be few exceptions but its the trend). If somebody wanna go for diversify portfolio then he should built portfolio in such a way that 70 to 80% of his investment must be in BTC and rest should go in alts (top 20 alts at CMC).

Whether you invest in BTC or alt, key factor to success is patience aka HODLing. There is no way you can get rich overnight.
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March 05, 2022, 03:51:58 AM
 #86

Of the cryptocurrencies, the most reliable is indeed Bitcoin, which is decentralized. There will be no worries about the project party running away, or someone manipulating the price.
In the war, it will not appear that buying one's own funds into Bitcoin cannot be converted into other currencies.
Bitcoin is the hallmark of cryptocurrencies, it is leading the way in cryptocurrencies, and nothing can knock Bitcoin down.
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March 05, 2022, 01:35:12 PM
 #87

well, bitcoin is indeed the best choice of all cryptocurrencies currently available. I think, sometimes people use altcoins as a platform to make more bitcoin assets that they have.
only, I'm of the opinion that good coins hold not only bitcoin, but popular altcoins as well. I've proven it by holding ethereum long term, and it gives me quite a lot of profit. maybe you got that experience because you compared bitcoin to other unpopular altcoins.
Well, choosing the best coins to make a profit is really a good idea and that is why the majority had chosen Bitcoin out for the other cryptocurrencies. Yet, we can't just put everything to a single investment like Bitcoin, and simply spreading our funds to altcoins is much more preferred. But, it wasn't just all about choosing the right coins and choosing Bitcoin, it all matters on how we manage our investment because even choosing them couldn't guarantee a profit if we make bad decisions.

R


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March 07, 2022, 03:18:47 AM
 #88

well, bitcoin is indeed the best choice of all cryptocurrencies currently available. I think, sometimes people use altcoins as a platform to make more bitcoin assets that they have.
only, I'm of the opinion that good coins hold not only bitcoin, but popular altcoins as well. I've proven it by holding ethereum long term, and it gives me quite a lot of profit. maybe you got that experience because you compared bitcoin to other unpopular altcoins.
Bitcoin and some top altcoins are indeed profitable to hold for long period. Bitcoin is the primary coin and should be our focus when we invest in crypto, but we cant deny that some altcoins are also worth it to invest in. Diversifying is not a bad idea, just make sure that you dig deeper to avoid shitcoins. Because if you're greedy to earn huge in snap then you might end up investing in wrong coins. Nevertheless its a must to know what you're getting into so you can understand the nature of the investment.

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March 07, 2022, 05:47:35 AM
 #89

I would also prefer btc over alts as this is best option which provides you future guarantee of returns while all other altcoins maybe out of the market at that time.The community and demand is strong which carry on the price with it as whenever term crypto is heard the first thing that comes to anyone mind is bitcoin so you see how popular it is.Secondly if you are new and have not researched about lot of altcoins then why risk with them as many are scam also so for newbies this bitcoin investment is the best option with little risk.

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March 11, 2022, 11:24:23 AM
 #90

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.
50% drop from hitting all time high twice last year?

where did you get that data? do you know that the price of bitcoin All Time High is 68k? and now we are at 44k meaning is that the half of 68k?  and again Whales and Institutional investors manipulation?

I'm tired of the same issue over and over again.

and still the most reliable coins to invest is Bitcoin lol.

bitcoin is the best crypto coin, so don't be disappointed by it. even when the price drops, some time later, the price will recover. however, when the price drops, you just have to hold it in. maybe at that time, you hear too much FUD, and make you unsure about it. however, believe me, that after that there will be a very high rise on this coin. personally, i really like this coin.
those people that don't trust bitcoin are the kind of people that only wanted an easy profit and hates to see their funds lowering in some time.

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March 11, 2022, 11:27:59 AM
 #91

I never doubt that thought and belief because i have experienced multiple profit from bitcoin over the years , so i am sure that at any chance I will keep investing in Bitcoin more than other coin.

Reliability and safety? accuracy and responsibility? bitcoin is the only answer here.
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March 11, 2022, 01:57:53 PM
 #92

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 100% right that bitcoin is the #1 best coin for investment, especially now that bitcoin is experiencing a decline in price, people may be competing to collect it and hope it will rise like 2021 yesterday. anything will happen if we believe

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March 11, 2022, 08:12:41 PM
 #93

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.
50% drop from hitting all time high twice last year?

where did you get that data? do you know that the price of bitcoin All Time High is 68k? and now we are at 44k meaning is that the half of 68k?  and again Whales and Institutional investors manipulation?

I'm tired of the same issue over and over again.

and still the most reliable coins to invest is Bitcoin lol.
I cannot talk on behalf of him, nor can I say we are at half right now. However, I can say that we have seen 30k's first, then 64k, then again under 30k during summer periods, then 68k after that and saw close to 30k again after that as well.

So, we have done 50% and then 2x and then 50% and 2x and then 50% plenty of times and it should not be really something so shocking. We are a decentralized and unregulated market and it will always have some crazy volatility, there is nothing wrong with that. The 50% drop comes with the nature of bitcoin, but it also means that we are talking about 2x being nothing too extraordinary for us neither since we are used to seeing that.
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March 11, 2022, 08:50:53 PM
 #94

From the way i see cryptocurrencies no coin is reliable that is absolutely sure hundred percent sure, all coins are good to invest but not all coins can be invested for long term period, because of their project, project of coin show's it validate, but every one wikl recommend Bitcoin because it does not die off like other coins, so in summary the most reliable coin is Bitcoin
When we think of coins to have guarantees to make profits, i think everything in this crypto market is uncertain and unpredictable. One day, we make profits, the next day, we start losing. And bitcoin is never an exception. It has its own flaws too so we can never tell that we can rely it for profits all the time. However, if you are intended to buy bitcoin and keep it for long term hodling, that will be a wiser move. You will never lose if you won't sell it at a lower value, and you won't make profits if you keep on hodling and won't sell it when its price is in peaks. Bitcoin will be more reliable if you know the right timing when to buy and sell it.
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March 12, 2022, 03:48:02 PM
 #95

From the way i see cryptocurrencies no coin is reliable that is absolutely sure hundred percent sure, all coins are good to invest but not all coins can be invested for long term period, because of their project, project of coin show's it validate, but every one wikl recommend Bitcoin because it does not die off like other coins, so in summary the most reliable coin is Bitcoin
Bitcoin has been the number one cryptocurrency in the market for years now since we all got to know what cryptocurrency is all about. It is the first cryptocurrency that was created, and it has continued to maintain that top position from the start till now.

And the way we are all seeing it, Bitcoin is not going down, not anytime soon. So, it is the best crypto currency anyone can invest in right now. It has the highest market cap, and also the highest trading volume.

Although one thing with altcoins is that an investor is more likely to get bigger profit by investing in altcoins. Bitcoin has really passed that stage where you would be expecting much of a profit in a short term, because things have quite changed, but it’s quite possible that you can get double of your investment in some years. This is because Bitcoin is now huge, and it doesn’t fluctuate as much as it does before. But, it remains a stable choice to make.
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March 13, 2022, 09:34:58 AM
 #96

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.

The correction after the ATH was warranted and to be expected. That doesn't mean it won't recover with healthy growth.

Also, every market operates as a monolithic despite being comprised of multiple components Perhaps it isn't healthy but it isn't detrimental either. When the stock market crashes, there is some variance in the performance of individual stocks, but they all operated together in the sense that a crash would have a negative effect on the entire market. So if Bitcoin has the highest market cap, surely we would expect the entire crypto market to be attached to the fluctuations of Bitcoin's price. Again, not a bad thing, it's how markets operate.
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March 13, 2022, 09:53:10 AM
 #97

Don't predict the future based on past experiences. Because that's how we created the altcoin market in the first place. People read stories about Pump and Rambo and start chasing x1000 alts, eventually losing all their money.

See the basics. Bitcoin is being adopted institutionally, not an altcoin. Bitcoin has been operating for 13 years with no fatal bugs, network breaches, and other issues normalized to altcoins. Bitcoin has alts being created every day, but it has proven to disappear in a few years. Some of the alts that were in the top 10 a few years ago are memorable. The same is true for many who are currently in the top 10.

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March 13, 2022, 07:36:41 PM
 #98

I really support you, Bitcoin is the only coin which I really believe will never let's you down, actually have invested in other altcoins which some really did well and some failed me, but bitcoin is the coin which have never failed me before, before I invest in altcoins I always think about it well but if am investing in bitcon I don't always think about it twice because I so much believe in bitcoin.

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March 13, 2022, 07:46:56 PM
 #99

Hello.

 this coin does not disappoint me because I have full confidence in this coin.
It should be.
Don't think only about nearly 2021. You should go through the whole journey of Bitcoin.
What was it in 2010.?  what is now.? And what will be in 2030.?
Hope it will never disappoint you?
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March 13, 2022, 09:09:37 PM
 #100

Bitcoin is always the most reliable. Many altcoins have made much more money than bitcoin, but none have been as reliable. The price of altcoins can drop by 90% in an instant, except for a few major coins, we may encounter something like this. But there cannot be such a big drop in bitcoin, millions of people are now investing here.
Maybe it doesn't make a lot of money, but bitcoin will always be the first choice Smiley

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