Crypto currency are digital assets

[yudi09]

It could take a few weeks, days, months or years.
What matters is the right update, and the part you play, which is DYOR.(Doing Your Own Research),
 *Cryptocurrencies are assets.* And assets are more guaranteed to hold value than cash, overtime.

Cryptocurrencies almost all end sadly. But many types of cryptocurrencies appear all the time which makes many new people who enter into crypto activities have difficulty choosing the right one so that many of them lose cash.

Bitcoins are not like that. For us Bitcoin is a future asset that can provide a guarantee that exceeds the value of fiat money.
Beginners should understand the difference between cryptocurrencies and Bitcoin.
More or less like that parable.

[Bholutefe]

Not all cryptocurrencies are of the same in value, while generalising cryptocurrencies we need to be able to differentiate Bitcoin especially from all other altcoins., The current downtrends in the market situations of the coins has obviously defined and explained better how the massive effects of the bearish trends has made it known how weak other cryptocurrencies are compared to bitcoin that has always stood strong even in the past and up till now. Bitcoin is the greatest asset of all other coins which would rather be a priority even before talking about other cryptocurrencies in the digital world today:

[drwhobox]

Cryptocurrencies almost all end sadly. But many types of cryptocurrencies appear all the time which makes many new people who enter into crypto activities have difficulty choosing the right one so that many of them lose cash.

Bitcoins are not like that. For us Bitcoin is a future asset that can provide a guarantee that exceeds the value of fiat money.
Beginners should understand the difference between cryptocurrencies and Bitcoin.
More or less like that parable.

By cryptocurrency you mean altcoins? Yes people who were heavily in altcoins end up losing their hard earned cash, most of them not all of them. But there are still some projects that are lasting for a long time and will go far. I was into altcoins before but I had my lessons.

Yes bitcoin is future and I am now in bitcoin with everything,  I believe in bitcoin. Every should avoid altcoins as investment asset and focus on only bitcoins.

[octobuzz]

I didn't understand the part where you said "Many people don't have patients though". Could you expatiate or probably just correct the post?

[Smack That Ace]

Beginners should understand the difference between cryptocurrencies and Bitcoin.
More or less like that parable.

As for me, bitcoin is also a cryptocurrency, the birthplace of the crypto industry. But you are right, it has a huge difference with the rest of the market. I was told that it was created as an alternative to a centralized fiat system rife with irreparable errors, not as an investment asset. Meanwhile, I dare to affirm 100% of the purpose of altcoin projects is to create tokens to sell for profit, not to put the purpose of the use case first like bitcoin. Therefore, if talking about investment then I will not miss any opportunity but when it comes to reliable coins only bitcoin.

[Hyphen(-)]

You've probably heard about $25 turning into $200?? It is more than possible.

Yes, it is very possible with shitcoin but not with any other reputable coin, and it usually happens during a bull run when all projects appear real due to the influence of the rising Bitcoin price.

*Cryptocurrencies are assets.* And assets are more guaranteed to hold value than cash, overtime.

"It is not all that glitters are gold"
You can use Bitcoin instead of Cryptocurrency because Bitcoin is the only reliable coin with the guarantee of being held over Fiat currency due to its transparent future. Most of these altcoins can crash at any time, as we have seen with reputable coins like Luna, FTX, and others, so Bitcoin is the only reliable coin to hold for a long time that will have a significant advantage over Fiat in the future.

[yudi09]

Beginners should understand the difference between cryptocurrencies and Bitcoin.
More or less like that parable.

... ...

Meanwhile, I dare to affirm 100% of the purpose of altcoin projects is to create tokens to sell for profit, not to put the purpose of the use case first like bitcoin. Therefore, if talking about investment then I will not miss any opportunity but when it comes to reliable coins only bitcoin.

Of course this is a good view my friend.
More or less like that reality that we often see while in the crypto space. The purpose of the creation of many "cryptos" is not wrong as you say, namely to make a profit without caring about anything else.

Many cases have occurred that have made many people lose money like FTX lately.
Bitcoin is so complete in its creation that we always say that Bitcoin is the best investment asset.

[Chilwell]

It could take a few weeks, days, months or years.
What matters is the right update, and the part you play, which is DYOR.(Doing Your Own Research),
 *Cryptocurrencies are assets.* And assets are more guaranteed to hold value than cash, overtime.
Many people don't have patients though, learn to be patient while into crypto, observe the price, volumes and market, you're good to make it.
Best of luck. You can get more info on crypto updates

Saying cryptocurrency are digital assets you are quite correct but you need to more explanation on this so that people will no be scam. There are more 2000 altercoin that someone have to run away from, because they are all scammers, has for me the crypto I will have as asset is bitcoin, I have full confidence in bitcoin that no matter what my money is save and I can access it at anytime.
Bitcoin is reliable because of it potential, trading with Bitcoin is far higher than any other alternative coin. Please I'm just saying my side view on having an asset, I'm not go against anyone view.

[Gallar]

There are cases where people are doing well in the market is all about determination plus knowledge=cash
You've probably heard about $25 turning into $200?? It is more than possible.

I will not deny the opinion that you express, all of that can indeed happen, at unpredictable times. But crypto assets that experience such large increases are very rare, and when they do, usually prices that soar high don't last long, in a few weeks or months they will definitely return to the lowest price.
So even so, I would not recommend investing in crypto, because of the high risk and fast-changing volatility, it is very risky to lose all the money for nothing.

In contrast to bitcoin, bitcoin is more secure, with its regular volatility, and with its decentralized nature, making bitcoin the most secure digital asset. That's why at this time I only invest in bitcoin, because the risk is minimal and not centralized, which is the main attraction for me.

[Sigrun]

There are times when cryptocurrencies are definitely unstable, but that doesn't mean you can't make money with them. Keep learning, monitoring the market, issues and always hard words.

There are people out there who are doing very well in the market, and that's because they are determined and knowledgeable. In my opini is worth noting that cryptocurrencies are assets, and assets tend to hold their value better than cash over time. But, I know that not everyone has the patience to wait for the market to turn in their favor. That's why it's important to stay patient and keep an eye on the price, volume, and market trends.

I think that cryptocurrencies can be a great way to earn some extra cash, but it's definitely not a get-rich-quick scheme. It takes time, dedication, and a willingness to learn to succeed in this market. Best of luck to anyone who's interested in investing in cryptocurrencies! Cheers

[Z390]

Cryptocurrencies are volatile, yes, but with volatility, you can earn your dough. But you just earn money with proper time assigned to learn the system because you must be well informed. There are cases where people are doing well in the market is all about determination plus knowledge=cash
You've probably heard about $25 turning into $200?? It is more than possible.

It could take a few weeks, days, months or years.
What matters is the right update, and the part you play, which is DYOR.(Doing Your Own Research),
 *Cryptocurrencies are assets.* And assets are more guaranteed to hold value than cash, overtime.
Many people don't have patients though, learn to be patient while into crypto, observe the price, volumes and market, you're good to make it.
Best of luck. You can get more info on crypto updates

A very important point is missing, if you aren't talking about diversification you aren't making sense, even if you know where to invest your money there is still a chance that your asset will perform worse, the only most effective way of dealing with this is diversifying into more than one digital assets, like five different projects and all you need is one to come out with flying colors, one successful project is enough to give you an incredible returns, enough to cover your initial capital and also enough ROI. Don't put your eggs in one basket, always remember this.