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Author Topic: Why Bitcoin is the only crypto you should BUY  (Read 2616 times)
Riodarvg
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December 03, 2022, 05:55:00 AM
 #101

Apart from its nature that gives us independence, Bitcoin is the right invention in addressing the complexity of transaction problems.
Until now, I personally think that Bitcoin is still a good hedge so it deserves to be used as the main investment in crypto.

Bitcoin is the earliest cryptocurrency and it has proven to be the best option, it is an independent decentralized currency system. Investing in Bitcoin can benefit us in the future.

Quote
My other point of view, Bitcoin can no longer be reproduced so it is very logical that Bitcoin will not end in fraud as happened with altcoins.

The ultimate goal of most of the altcoins being created in the market today is for the founders to profit themselves. Altcoins are riskier, no altcoins can be trusted and investing in altcoins is not really a safe investment. There are many altcoins that crash or disappear for various reasons.


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December 03, 2022, 10:24:06 AM
 #102

Apart from its nature that gives us independence, Bitcoin is the right invention in addressing the complexity of transaction problems.
Until now, I personally think that Bitcoin is still a good hedge so it deserves to be used as the main investment in crypto.

Bitcoin is the earliest cryptocurrency and it has proven to be the best option, it is an independent decentralized currency system. Investing in Bitcoin can benefit us in the future.




the reason that bitcoin is the first is always the answer when people invest in bitcoin, because being the first it is only natural that bitcoin is the most popular crypto and difficult to beat by coins, besides that bitcoin is a coin that can determine the direction of the market going down or up.
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December 03, 2022, 11:36:46 AM
 #103

What do you think?
It will be even more interesting if all investors have thoughts like you in making investment choices. The collapse of LUNA and FTX could be the main reason that investors have to forget about altcoins.
Yes. Bitcoin is a perfection created by Satoshi in the world of the future economy and I think Bitcoin will continue to be a perfection like no other as a digital currency.

R


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ven7net
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December 03, 2022, 12:08:54 PM
 #104

The way I see it, all bullshit token and coin abandons are done for this one reason; they only have one purpose which I will explain better...
We saw Luna and FTT are made for a reason which is to support those companies themselves, the day these companies drop their token or their currency will drop too.

That's why for me bitcoin is perfection because this previous one is multipurpose and its foundation is to avoid intermediaries there are no companies managing it, we will not be able to match satoshi due to the price drop(thats a clever move for him to stay behind the scenes).

Because we know that satoshi does not depend on a company to reinforce bitcoin.
And with this I finish all the currencies are a scam(meaning that the price can disappear) for me, personally  the legit ones they are btc and tether.

What do you think?

On the one hand, Bitcoin is the first cryptocurrency, which means it is much more important than others on the market. This is what tells us that Bitcoin must be held and it will be much more reliable than the rest. On the other hand, Bitcoin is powered by other cryptocurrencies, which certainly contributes to its strengthening in the market and among holders. Then it turns out that many but not all cryptocurrencies can be held, but if they are compared with Bitcoin, then it is certainly best to hold Bitcoin, and then at will and your own vision. Personally, I have always believed Bitcoin, as well as such altcoins as Ethereum, Litcoin and Tron. However, there may be other good cryptocurrencies, but Bitcoin is the best one.
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December 03, 2022, 02:27:30 PM
 #105

I'm sure almost 90% of users know the first cryptocurrencies is Bitcoin, I also know Bitcoin in 2014 when there are many prohibitions from many countries and become trending on many business TVs, in my opinion the main power of Bitcoin is open, namely cryptocurrencies that can be developed so that Bitcoin is always attractive and attractive and promising.
I also know Bitcoin as the first cryptocurrency before several other cryptocurrencies, so that until now I am not very interested in cryptocurrencies other than Bitcoin. Especially now that almost everyone knows that the development of Bitcoin itself is extraordinary and easier to use for transactions because it is supported by several wallets and networks, making Bitcoin transactions faster.

And apart from some of the things that have happened to Bitcoin in the past, what is clear is that Bitcoin will always be good in the future and there will be no other cryptocurrency that can beat Bitcoin from various directions or in various ways.

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December 03, 2022, 02:27:55 PM
 #106

My other point of view, Bitcoin can no longer be reproduced so it is very logical that Bitcoin will not end in fraud as happened with altcoins.
The ultimate goal of most of the altcoins being created in the market today is for the founders to profit themselves. Altcoins are riskier, no altcoins can be trusted and investing in altcoins is not really a safe investment. There are many altcoins that crash or disappear for various reasons.
It's good that you understand that investing in altcoins is not the right choice or a safe investment.
For beginners it is very important to know the types of investments that are safe and the types of investments that can bring greater risk than the desired profit.

This is just to avoid because enough people have been deceived by various types of investments with various concepts offered.
Careful. Come with us at Bitcoin.

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bitgolden
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December 03, 2022, 04:30:23 PM
 #107

we also have to embrace the reality that no matter how we give the idea to everyone, it cannot be avoided that people will still invest on those altcoins that they like.

I am in that belief that bitcoin will certainly last and will stay at the top. And I think that in the past, the challenges were harder for bitcoin to remain at the top because it's just starting out. Now that it has been established and has gotten a lot of investors and users, it's almost unlikely that it will be replaced.
Maybe instead of telling them what to invest into or how to invest or what would be a good investment, maybe we should focus on how to teach them avoid those bad ones? I mean I try to help people with what to buy, but maybe instead of what to buy, I should help them with what to avoid.

Investing into shitcoins is a big deal and a big problem and for some reason people still do it, which is a terrible tragedy for all that money gone. I am guessing it's not going to be that easy to convince them to avoid it completely, but at the very least we could minimize the risk by talking about common things in those risky investments.

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Anguwa
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December 03, 2022, 05:10:22 PM
 #108

The way I see it, all bullshit token and coin abandons are done for this one reason; they only have one purpose which I will explain better...
We saw Luna and FTT are made for a reason which is to support those companies themselves, the day these companies drop their token or their currency will drop too.

That's why for me bitcoin is perfection because this previous one is multipurpose and its foundation is to avoid intermediaries there are no companies managing it, we will not be able to match satoshi due to the price drop(thats a clever move for him to stay behind the scenes).

Because we know that satoshi does not depend on a company to reinforce bitcoin.
And with this I finish all the currencies are a scam(meaning that the price can disappear) for me, personally  the legit ones they are btc and tether.

What do you think?
FTX and Luna have revealed their secret, and I hope we all wake up and withdraw our money from any centralized exchange to personal wallets where we have control over the private key. You have said it all, mate. All of these altcoins have their respective targets, and once they have little variation, they completely fell down, which is the main reason why no altcoin should have people trust it again.

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December 17, 2022, 03:10:23 AM
 #109


Every year an exchange gets hacked and every year a number of crypto businesses go bankrupt. The only constant is bitcoin. It is here and it's going to be here next year.
If you own it, you own it. There's no company, no CEO, nobody to tell you what to do, so do what's good for you, do what you feel is right.

I agree with you, except for Bitcoin, other digital currencies are either hacked or lose users and run away. The only thing I am doing right now is choosing Bitcoin, and I am also disappointed that my assets have shrunk a lot. Comparing the price of bitcoin at this time last year to what it is now, it's like I jumped off a cliff with a deflated parachute. I hope there is a strong airflow below, then I will blow it up.
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December 17, 2022, 04:00:56 AM
 #110


Every year an exchange gets hacked and every year a number of crypto businesses go bankrupt. The only constant is bitcoin. It is here and it's going to be here next year.
If you own it, you own it. There's no company, no CEO, nobody to tell you what to do, so do what's good for you, do what you feel is right.

I agree with you, except for Bitcoin, other digital currencies are either hacked or lose users and run away. The only thing I am doing right now is choosing Bitcoin, and I am also disappointed that my assets have shrunk a lot. Comparing the price of bitcoin at this time last year to what it is now, it's like I jumped off a cliff with a deflated parachute. I hope there is a strong airflow below, then I will blow it up.

Bitcoin is very trust but to get profit in short time is very difficult.

I suggest not relying too much on bitcoin, altcoins have good and profitable potential, increases in ETH, BNB, and so on can be a consideration that there are many altcoins that we deserve to make long-term assets and of course this is an option and if you are too scared then it's better to leave.

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December 17, 2022, 04:32:14 AM
 #111


Every year an exchange gets hacked and every year a number of crypto businesses go bankrupt. The only constant is bitcoin. It is here and it's going to be here next year.
If you own it, you own it. There's no company, no CEO, nobody to tell you what to do, so do what's good for you, do what you feel is right.

I agree with you, except for Bitcoin, other digital currencies are either hacked or lose users and run away. The only thing I am doing right now is choosing Bitcoin, and I am also disappointed that my assets have shrunk a lot. Comparing the price of bitcoin at this time last year to what it is now, it's like I jumped off a cliff with a deflated parachute. I hope there is a strong airflow below, then I will blow it up.

Bitcoin is very trust but to get profit in short time is very difficult.

I suggest not relying too much on bitcoin, altcoins have good and profitable potential, increases in ETH, BNB, and so on can be a consideration that there are many altcoins that we deserve to make long-term assets and of course this is an option and if you are too scared then it's better to leave.
If bitcoin doesn't increase then ETH and BNB or any altcoin can't increase and make you profit, everything depends on the movement of bitcoin. But investing in altcoins is not too bad, I still invest in altcoins but need the right time, and the bear season is not the right time to invest in altcoins. When the bear season comes, most altcoins will crash and disappear forever, so investing in altcoins at this time is too risky. There is nothing wrong with only investing in bitcoin, but if you want to earn more, then altcoin is the choice.

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December 17, 2022, 05:06:01 AM
 #112


Every year an exchange gets hacked and every year a number of crypto businesses go bankrupt. The only constant is bitcoin. It is here and it's going to be here next year.
If you own it, you own it. There's no company, no CEO, nobody to tell you what to do, so do what's good for you, do what you feel is right.

I agree with you, except for Bitcoin, other digital currencies are either hacked or lose users and run away. The only thing I am doing right now is choosing Bitcoin, and I am also disappointed that my assets have shrunk a lot. Comparing the price of bitcoin at this time last year to what it is now, it's like I jumped off a cliff with a deflated parachute. I hope there is a strong airflow below, then I will blow it up.

Bitcoin is very trust but to get profit in short time is very difficult.

I suggest not relying too much on bitcoin, altcoins have good and profitable potential, increases in ETH, BNB, and so on can be a consideration that there are many altcoins that we deserve to make long-term assets and of course this is an option and if you are too scared then it's better to leave.
Talking about making profits in a short time, of course Bitcoin is not the right choice,
Bitcoin is more suitable for long-term investment because it will provide maximum profit,
Top altcoins like Ethereum and BNB are definitely out of the question and they make great options

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December 17, 2022, 05:17:21 PM
 #113

BTC is the first crypto asset from Nakamoto so yes of cos people will trust it more than any other but remember that every crypto assets have their own reason of existence.

we all know that we can't run any smart contract on BTC that's something we can only do on Ethereum, this is why other projects will have some space in crypto space for a long period of time. People will still adopt them anyways.

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Raflesia
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December 17, 2022, 07:36:40 PM
 #114

Bitcoin is a promising and potential altcoin in the whole Crypto Market because bitcoin is a top number 1 coin in Cryptocurrency and also who want to buy and investment in bitcoin is a great choice to get profit in this market condition. This altcoin get profit from short term as well as long term.
You have to start learning more about the differences between bitcoin and altcoins because bitcoin is different from altcoins and of course bitcoin is not part of altcoins.
Altcoin is an alternative coin that is used to describe all cryptocurrencies other than Bitcoin. So far, you can see the difference and I suggest that from now on you don't say bitcoin is an altcoin so that it doesn't make you more dizzy later.

On the other hand, you also have to start looking not only at the benefits, but you have to pay attention to the worst possibility because indeed in this case, when we invest, it is clear that we have a relatively long time to invest, so with this you have to be aware that this is not buying and directly receiving profits from it so that you are not too disappointed when your expectations do not match what happened. we need time for that as long as we are patient and strong in hodl and buy at low prices like now so I think future profits are a little guaranteed if you are sure.

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December 18, 2022, 07:09:32 AM
 #115

I think the thing that makes bitcoin always the first choice is because it is the most popular cryptocurrencies, it is very difficult to find bitcoin competitors even though the number of altcoins is currently more than 22k but most of them are nothing serious so it is difficult to gain investors' trust.
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December 18, 2022, 11:53:57 AM
 #116

The way I see it, all bullshit token and coin abandons are done for this one reason; they only have one purpose which I will explain better...
We saw Luna and FTT are made for a reason which is to support those companies themselves, the day these companies drop their token or their currency will drop too.

That's why for me bitcoin is perfection because this previous one is multipurpose and its foundation is to avoid intermediaries there are no companies managing it, we will not be able to match satoshi due to the price drop(thats a clever move for him to stay behind the scenes).

Because we know that satoshi does not depend on a company to reinforce bitcoin.
And with this I finish all the currencies are a scam(meaning that the price can disappear) for me, personally  the legit ones they are btc and tether.

What do you think?
I disagree, we are here to invest and investing is for profit so we have a lot of good options along with bitcoin. Bitcoin is good but it can't be as profitable as many other altcoins, so investing in every bitcoin is only right for you, not for many. I also make a lot of money from altcoins, so there is no reason for me to give it up.

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December 18, 2022, 02:57:58 PM
 #117

I agree with you that bitcoin is indeed the most popular cryptocurrency and no altcoin will pass bitcoin (although many altcoins have greater benefits than bitcoin). but you can't say all altcoins are scams just because of what happened to LUNA because there are still many altcoins that have responsible teams and provide benefits for their holders.
and one more thing, what makes you sure that the fate of USDT will not be like that of UST?
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December 18, 2022, 05:44:12 PM
 #118

And with this I finish all the currencies are a scam(meaning that the price can disappear) for me, personally  the legit ones they are btc and tether.

What do you think?
Really appreciate with Bitcoin recommendation but why is Tether tho? Bitcoin and Tether is incomparable and the title is misleading anyway because if you want for "legit" one then you should go for Bitcoin only and not going to any altcoins out there.

That's why for me bitcoin is perfection because this previous one is multipurpose and its foundation is to avoid intermediaries there are no companies managing it, we will not be able to match satoshi due to the price drop(thats a clever move for him to stay behind the scenes).
One to blame is the exchanges if they get hacked for example Mt.Gox on early days and the price drops occurred on that day which is really jawbreaking even in that day where the price dropped really significant.

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January 20, 2024, 11:28:53 AM
 #119

What do you think?
It will be even more interesting if all investors have thoughts like you in making investment choices. The collapse of LUNA and FTX could be the main reason that investors have to forget about altcoins.
Yes. Bitcoin is a perfection created by Satoshi in the world of the future economy and I think Bitcoin will continue to be a perfection like no other as a digital currency.

I really hope that, i like how you quoted it ''perfection''
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January 20, 2024, 12:58:15 PM
 #120

<snip>

Dear Op the idea behind Bitcoin is Decentralization because it is not under any government or institution. With the passage of time, it is getting stronger day by day, I was reading a news in which Bitcoin surpasses Silver and I believe that those days are not so far when Bitcoin will surpass the Gold market cap. Although I have seen Bitcoin surpassing many big companies cap including Tesla the most famous one.

On the other hand, Bitcoin has less risk all over the crypto market due to many factors. Firstly, Bitcoin has won many investors faith secondly, it is a decentralized Digital currency with a big market capital, you will find many more when you do research on it.

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