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Author Topic: Bitcoin as a trend over other cryptocurrency.  (Read 751 times)
Rengga Jati
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January 13, 2023, 11:36:00 PM
 #21

Bitcoin as we know is cryptocurrency which rise and fall in the digital crypto market.
Not only Bitcoin but also altcoins also rising and falling so far. the difference is that Bitcoin is able to survive in any condition, even at the bottom of the bearish market, and then able to rise up again passing the previous price. On the other hand, only altcoins are able to, most of them are shits. But basically, both are having that cycle, both falls and rises with different situation and time periods.

Bitcoin has a trend over other cryptocurrency in the sense that Bitcoin is the leading cryptocurrency in the world digital crypto market.
Bitcoin is the pioneer cryptocurrency. So, he is not only a trend of crypto but the soul of crypto. Bitcoin has always been at the forefront and the best in the cryptocurrency world, regardless of the trend.

So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.
Don't decide right away like this, when Bitcoin drops again later, then you won't be ready for the risk. It's better to buy Bitcoin when you're really ready. Where did we go when Bitcoin was dropping yesterday? Precisely that's why we use the DCA system so that we can buy Bitcoin at several price levels so that we can take advantage of every decrease in the price of Bitcoin. Bitcoin investment is for the long term as the main goal. Therefore, we must understand when and how to invest in Bitcoin itself.

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January 13, 2023, 11:46:53 PM
 #22

Bitcoin has always stands out amongst other cryptocurrencies and its effect on the rest can be greatly seen from charts over the years. It is the father of all other cryptocurrencies, it rises and falls just like any other coin, but they follow suit with it when it does.

The potential of bitcoin to rise again after it falls is very much achievable but not all other altcoins that falls will always have the potential to beat back its all time high. Buy bitcoin, invest in bitcoin and keep for a long term, you’ll enjoy your savings of bitcoin soon in few years to come as we’ll be experiencing another bull run as speculated by many.
Bitcoin is core of crypto currency, many come and go by showing potential but only a small amount of them are standing strong now. But they will always follow the steps of bitcoin.
Bitcoin has the strongest community compared to other altcoins, which is why bitcoin always raise after collapse, while every bearish market saw fall of several  altcoins.
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January 14, 2023, 01:29:42 AM
 #23

Bitcoin has always stands out amongst other cryptocurrencies and its effect on the rest can be greatly seen from charts over the years. It is the father of all other cryptocurrencies, it rises and falls just like any other coin, but they follow suit with it when it does.

The potential of bitcoin to rise again after it falls is very much achievable but not all other altcoins that falls will always have the potential to beat back its all time high. Buy bitcoin, invest in bitcoin and keep for a long term, you’ll enjoy your savings of bitcoin soon in few years to come as we’ll be experiencing another bull run as speculated by many.
Bitcoin is core of crypto currency, many come and go by showing potential but only a small amount of them are standing strong now. But they will always follow the steps of bitcoin.
Bitcoin has the strongest community compared to other altcoins, which is why bitcoin always raise after collapse, while every bearish market saw fall of several  altcoins.

Other traders and holders are transitioning to bitcoin as it is way safer, but again, in altcoins, if you find a promising one, you can earn a huge profit, but this is a really rare case, unlike before, when most of the new coins that are coming out are all promising and have great value. Most of those top altcoins will be coming back when the price of bitcoin pumps since it is basing from the economy and also bitcoins price, but others will die.
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January 14, 2023, 02:16:56 AM
 #24


Other traders and holders are transitioning to bitcoin as it is way safer, but again, in altcoins, if you find a promising one, you can earn a huge profit, but this is a really rare case, unlike before, when most of the new coins that are coming out are all promising and have great value. Most of those top altcoins will be coming back when the price of bitcoin pumps since it is basing from the economy and also bitcoins price, but others will die.

Bitcoin is at the heart of it all, altcoins depend on the price of bitcoin. like now the bitcoin price is bullish again and reached around $21k, this is quite extraordinary, and the positive trend is starting to fill bitcoin.
Some of the new altcoins didn't really thrive in 2022 until early 2023, but 2023 will probably be a year of recovery. The new altcoin only needs to compete with thousands of other altcoins, who can survive will still be the choice, But the safest is still investing in bitcoin.
currently buying and holding some bitcoins for the long term is highly recommended, the bear market is about to end and the bull market is coming soon.
Doing DCA when the bitcoin price reached the lowest support yesterday would certainly be very profitable at this time.

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January 14, 2023, 03:08:40 AM
 #25

Bitcoin as we know is cryptocurrency which rise and fall in the digital crypto market. Bitcoin has a trend over other cryptocurrency in the sense that Bitcoin is the leading cryptocurrency in the world digital crypto market. Over the year we find out that those in invested in Bitcoin benefits greatly  which make a lot of investors to key into cryptocurrency.
That's why bitcoin is considered a speculative asset, because its price can fluctuate in the market, bitcoin is also a long-term asset for investment that is able to maintain value, bitcoin has resilience in making investments in the long term and short term, even though there is risk in it, that's why bitcoin is currently in great demand by investment insiders, including those who trade in stages.

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But despite that Bitcoin diminish but that doesn't mean it the end of Bitcoin. Recently Bitcoin has been tend to high value on like others cryptocurrency that remains or increase in a little bit. So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.
The recovery resistance point has been seen in the last few days, this is a good time to start and it should be on the correction conditions a few months ago that you have participated in making purchases. Bitcoin can be bought at any time, but most people take the opportunity during correction/decrease conditions to make purchases, even though in stable conditions we can also buy and take advantage of the short term for trading.
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January 14, 2023, 03:20:47 AM
 #26

It makes me feel odd when you describe Bitcoin as a trend, especially when it is referred to as a trend in the cryptocurrency market. Trend connotes being ephemeral. Bitcoin isn't, not in the cryptocurrency market, not outside of it in the world of fiat currencies. In the crypto market, altcoins are ephemeral. Trends are ICO, IDO, NFT, play to earn, and others. Bitcoin isn't one of them. Ever since cryptocurrencies began, all kinds of projects come and go; Bitcoin remained at the top. Bitcoin isn't the leading crypto. It is crypto! The rest are freeloaders.
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January 17, 2023, 10:00:25 AM
 #27

Bitcoin is the name that have paved path for the rest of the cryptocurrencies available in the market. Bitcoin being the lead its market movements were followed by the rest of the cryptocurrencies. The proven growth is another reason why this is being believed as well as given importance for investments. In the short duration we've encountered big number of cryptocurrencies losing its value after reaching great heights. Bitcoin have been moving on its path without carrying any external pressure on it. The market have now begun to run close to the traditional market which makes it more strong.
With a very large and very broad dominance, of course bitcoin has a very large and strong influence on other crypto price movements, even the capitalization of the entire coin market in digital cryptorency is dominated by bitcoin, this index can be seen in trading view'1 with the BTC symbol D, even if there is a decrease in the price of bitcoin, then automatically the price of other coins will experience a greater decline than what was experienced by bitcoin, so this can be said that the influence of bitcoin is very large for coins in other digital.

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January 17, 2023, 10:24:00 AM
 #28

Bitcoin itself is the first ever cryptocurrency so that's a factor making it a leader in all crypto markets. And its pretty obvious Bitcoin's price is rather independent from alternative coins. I mean its undeniable to say Bitcoin rallies influence altcoins but not the other way in my opinion. So Bitcoin may be counted not trend but "trendmaker". So OP is right but result was bit wrong. In my opinion its still safest way to make money in crypto. Bitcoin's is affected more with its adoption-people never abandon it. So its good investment above altcoins.
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January 17, 2023, 10:46:25 AM
Merited by The Sceptical Chymist (5)
 #29

Bitcoin as we know is cryptocurrency which rise and fall in the digital crypto market. Bitcoin has a trend over other cryptocurrency in the sense that Bitcoin is the leading cryptocurrency in the world digital crypto market.

Since its inception, it stands out amongst the rest being the first cryptocurrency that ever existed before others follow suit. Its distinctive features can’t be compared to other cryptocurrencies especially in terms of decentralization.

Quote
Over the year we find out that those in invested in Bitcoin benefits greatly  which make a lot of investors to key into cryptocurrency. But despite that Bitcoin diminish but that doesn't mean it the end of Bitcoin.

Bitcoin is volatile just like other cryptocurrencies too. The volatility of the market will always have effect on the price of bitcoin in the market, that doesn’t mean it’ll lose its value forever. Over the years we’ve seen tremendous increase in its price which usually beat the ATH as in respect to bull run time.

Quote
Recently Bitcoin has been tend to high value on like others cryptocurrency that remains or increase in a little bit. So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.

As you’re hoping for it to increase, have it in mind that it’s liable to market volatility and must have a prepared mindset to cope with whatever outcome that comes from the investment. Usually the the long term investors benefits greatly from their investments in bitcoin.

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January 17, 2023, 11:07:44 AM
 #30

"Bitcoin as we know is cryptocurrency which rise and fall in the digital crypto market. Bitcoin has a trend over other cryptocurrency in the sense that Bitcoin is the leading cryptocurrency in the world digital crypto market. Over the year we find out that those in invested in Bitcoin benefits greatly  which make a lot of investors to key into cryptocurrency. But despite that Bitcoin diminish but that doesn't mean it the end of Bitcoin. Recently Bitcoin has been tend to high value on like others cryptocurrency that remains or increase in a little bit. So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time."

Definitely, Bitcoin is the driver of value all of the other cryptocurrencies for now. This may change through time, or not, nobody knows. It is interesting how the actual value of cryptocurrencies is measured, for now, there are a few different principles how to measure it like: Total Addressable Market, The Equation of Exchange, Valuing Cryptoassets as a Network, Cost of Production Valuation, and Stock-to-Flow Model, but none of this principles actually prove the value of BTC in majority of percentage.
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January 17, 2023, 11:15:25 AM
 #31

~snip~
So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.

First of all, you're a beginner, and secondly, you can't predict the future, so your advice doesn't make much sense, right? You are inexperienced, so you will learn it with time, but if you give advice to people on what to do with their money, you will make more enemies than friends in life. When you advise someone to invest in Bitcoin, don't just think about the price, but also about how that person will buy and store that same Bitcoin - because although it is true that financial gains and losses are realized due to price changes, there are many who become victims of hackers and various scams.

I can hope that the price of BTC will go up, but can I say that with certainty? Of course not, that would be very silly.

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January 17, 2023, 11:19:51 AM
 #32

There is something you are getting confused over this, cryptocurrency can been known as those coin that is beneath bitcoin. Therefore, it was through bitcoin that gives raise for the formation of other related currencies such ETH, BNB, Dogecoin and many more.
One thing you must note is that, you can't just imposed someone to invest in bitcoin but rather you can tell them the usefulness of bitcoin and also to the entire cryptocurrencies.

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January 17, 2023, 11:47:13 AM
 #33

There is something you are getting confused over this, cryptocurrency can been known as those coin that is beneath bitcoin. Therefore, it was through bitcoin that gives raise for the formation of other related currencies such ETH, BNB, Dogecoin and many more.
One thing you must note is that, you can't just imposed someone to invest in bitcoin but rather you can tell them the usefulness of bitcoin and also to the entire cryptocurrencies.
Totally correct, bitcoin is a done deal for many investors, this simply means that, to them, bitcoin is no longer the ideal coin to invest in because it is already too expensive for them to afford the quantity that they feel they can make the kind of profit they want from.
I meet people with the above kind of mindset every day, when dealing with them, you cant just tell them to buy bitcoin and they would agree with you, you will have to explain in details to them why or how buying an already expensive coin is still profitable or going to be profitable for them..
Most of this people, after explaining to them, you will discover that they will prefer to buy some cheap altcoin they feel will bring them good profit, but because of your explanation, they will decide to buy their altcoin of choice with half of the money they intended buying the altcoin with, and then, use the other half to invest in bitcoin.

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January 17, 2023, 12:05:06 PM
 #34

Altcoins are just a mere destruction for the bitcoins to spread as a means of payment all over the world, no matter how hard they try to make the same coins, they cannot overcome Bitcoin because of its uniqueness and its decentralization. whenever they try to make a new one, they always failed because they cannot seem to find a way to promote their coins without showing themselves or telling anyone who are the people behind those coins. also, they cannot go public and at the same time have some decentralized projects which are popular because the SEC will hunt them until they will gonna give up on their project. Thankfully they cannot do anything about Bitcoin, because they cannot find its creator.
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January 17, 2023, 12:20:32 PM
 #35

Bitcoin as we know is cryptocurrency which rise and fall in the digital crypto market. Bitcoin has a trend over other cryptocurrency in the sense that Bitcoin is the leading cryptocurrency in the world digital crypto market. Over the year we find out that those in invested in Bitcoin benefits greatly  which make a lot of investors to key into cryptocurrency. But despite that Bitcoin diminish but that doesn't mean it the end of Bitcoin. Recently Bitcoin has been tend to high value on like others cryptocurrency that remains or increase in a little bit. So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.

Bitcoin as the first and most prominent currency of crypto market, acts as driving force for the entire market , it always influences the performance of all crypto projects with it which is also evident from the history of crypto market. All experienced investors always monitor the performamnce of Bitcoin market to take any position in Alts coins. it is also true that sometime, alts coin like Ethereum perform better than Bitcoin in bull run.









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January 17, 2023, 08:12:23 PM
 #36

Actually it is very legal to say bitcoin is the best crypto investment platform or forum that has brought alot of life back to normal.bitcoin has change alot of people's life today  regardless to the rise and falling of it market system.
Bitcoin was the first investment platform that I was been told about to try invest in it,so when I did it I was like this was the end of me but everything came as a surprise when I started selling it out.

Bitcoin indeed is a high rated platform or high rated investing forum to work in and i urge anyone that would like to join the bitcoin family should come now because there is alot to earn from it.

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January 17, 2023, 09:09:45 PM
 #37

Bitcoin as we know is cryptocurrency which rise and fall in the digital crypto market.

Yes it does but the most important thing in this trend is that it always falls to higher levels than it did before the last halving. That's what makes it a good long term investment.

Quote
So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.

I don't urge people to buy because I don't want to take upon myself their losses due to panic selling and inability to protect their coins.

I think that if you are a newcomer who wants to own crypto you should first and foremost own bitcoin. If you're undecided, don't rush it. Maybe you'd feel better if you bought some gold instead.

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January 17, 2023, 09:21:23 PM
 #38

There is something you are getting confused over this, cryptocurrency can been known as those coin that is beneath bitcoin. Therefore, it was through bitcoin that gives raise for the formation of other related currencies such ETH, BNB, Dogecoin and many more.
One thing you must note is that, you can't just imposed someone to invest in bitcoin but rather you can tell them the usefulness of bitcoin and also to the entire cryptocurrencies.
You know, this kind of mindset probably won't be shared by old bitcoin investors, but I think new bitcoin investors tend to think that way. Buying something as expensive as bitcoin as an investment asset still allows them to make profit instead of gambling with some other potential non altcoin. Experience proves that bitcoin is better in every way, but maybe not if some of them compare it to the huge gains of some of the previous altcoin pump.

The returns on $1000 investment in bitcoin vs $1000 in Doge in the 2020 to 2021 range may not be comparable, but bitcoin has other ways to prove itself better, that's real adoption and use cases.

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January 17, 2023, 09:35:46 PM
 #39

There is something you are getting confused over this, cryptocurrency can been known as those coin that is beneath bitcoin. Therefore, it was through bitcoin that gives raise for the formation of other related currencies such ETH, BNB, Dogecoin and many more.
One thing you must note is that, you can't just imposed someone to invest in bitcoin but rather you can tell them the usefulness of bitcoin and also to the entire cryptocurrencies.
You know, this kind of mindset probably won't be shared by old bitcoin investors, but I think new bitcoin investors tend to think that way. Buying something as expensive as bitcoin as an investment asset still allows them to make profit instead of gambling with some other potential non altcoin. Experience proves that bitcoin is better in every way, but maybe not if some of them compare it to the huge gains of some of the previous altcoin pump.

The returns on $1000 investment in bitcoin vs $1000 in Doge in the 2020 to 2021 range may not be comparable, but bitcoin has other ways to prove itself better, that's real adoption and use cases.

When talking of dogecoin, yes there are people who made fortune from it. That is to say, those who invested earlier and had to patient to hold strong definitely enjoyed while holding, then those who don't really know the benefits or foresee the usefulness never pay heed just as many now overlooking bitcoin wanting people to tell them to invest are the same who would come streaming of not meeting up the right time.
Just as we saw doge at almost 0.8$ it was then people were hastening to buy before it gets to 1$ and above but guess what?

They all failed because altcoins can never be trusted 100 percent, so I believe it was same principles people are looking into bitcoin.

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January 18, 2023, 07:45:07 PM
 #40

Bitcoin since inception has been the leading Crypto so far. It was the first decentralized Crypto to be developed and that has given it edge over other Crypto currencies in the blockchain industry. To the best of my knowledge, bitcoin is tagged digital gold because of the value attached to it as the price appreciate as time goes on but currently, the market trend is down and that does not mean it would not go upward trend. You  talking about investing in bitcoin is not bad but I would like you to know that the reason why Satoshi Nakamoto invented bitcoin was not for trading in the sense that you buy bitcoin and hoping for it to appreciate so you would sell and take profit, it is not so. Bitcoin according to Satoshi Nakamoto was invented to be used in place of fiat for exchange of goods and services but the high and mighty took advantage of the market and bought huge volume into their custody and changed the main purpose for which bitcoin was invented and turned it into an investment scheme for makinorw profit.
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