Having bitcoin gives confidence

[Davidvictorson]

I don't really know if anyone else feel the same way?

Having Bitcoin gives you confidence but diversifying your portfolio gives you greater confidence. Bitcoin is still a very volatile and highly speculative asset which I encourage everyone I know to have at least some of it because of its future potential.  I think the confidence I have in Bitcoin stems from my investment strategy, my knowledge about it, the level of risk I can manage, and my goals.

[Outhue]

You are right, I have invested thousands of dollars in crypto between 2022 and 2023, and my main confidence is in the Bitcoin I am holding, I believe that even if all other projects failed me Bitcoin won't.

This is why Bitcoin takes the highest percentage of space in my wallet, if you are a smart investor you should know that Bitcoin is the safest crypto investment out there, so make sure you hold more Bitcoin that every other coin in your wallet.

Some people complain about the smaller profits that Bitcoin can only generate now because they missed buying when the value was very lower in the past years but still, I do believe that 4x or 5x is possible from Bitcoin, as for an asset thats most safer I don't have any problem with 4x to 5x gains.

[fopesher]

The time of new technologies, artificial intimacy and of course bitcoin. I don't know people who simply haven't heard and haven't tried to invest and try to make money on it. This is the future.

[Smack That Ace]

When you talk about cryptocurrency, the first thing that goes into your mind is bitcoin, my advice to crypto investors is invest where you feel safe, which is bitcoin, when you buy bitcoin, you don't just buy an asset, you also buy peace of mind.the market can be sometimes crazy that even the dip will scare you for the value of your asset, but bitcoin will always be bitcoin, it always stand strong, it doesn't fail to rally back an most times even better, unlike most alt that wouldn't gives you peace once the dip is very strong,  I don't really know if anyone else feel the same way?

Yes, bitcoin gives us a much safer feeling than altcoins. But the higher the risk, the higher the return, altcoins are not safe and not bring comfortable for us as investing in bitcoin, but if you are lucky enough, altcoin profits will be bigger than bitcoin. Investing in altcoins is like gambling, if you are willing to accept losses, then you can try your luck. But if you are a person who prefers safety, and accepting less profit, then bitcoin is the right choice for you.

[Dunamisx]

When you talk about cryptocurrency, the first thing that goes into your mind is bitcoin, my advice to crypto investors is invest where you feel safe, which is bitcoin,

For every crypto beginners, we employ them to start with bitcoin because they needed to have experience with how cryptocurrency is in general and in other to maintain being on a safer place when choosing bitcoin as their desired crypto, we know about other cryptocurrencies and the risk that may be associated in using them, how many of these crypto projects turn a failed attempts over time and the rate of lost asset due to this occurrences, which makes bitcoin the first digital currency and the most reliable one every beginners must choose to start with.

[Crypt0Gore]

This is true, I have never talked about any other coins than Bitcoin whenever a newbie ask me about crypto investment, I always advise that Bitcoin is the safest one among the rest, even if they decide to go for altcoins I will still advice them to buy some Bitcoin, because the chances of staying alive is high unlike other altcoins that can rug pull or die at anytime.

Bitcoin will continue to be the best digital coin for my and it will remain the number 1 investment plan on my mind, if I make an insane amount of money from altcoins ,its all coming back to Bitcoin, my long term aim is having up to 2 BTC in my wallet, I believe that this is achievable through altcoins investments, but for now I planned to keep accumulating some BTC and also some altcoins.

[Lida93]

When you talk about cryptocurrency, the first thing that goes into your mind is bitcoin, my advice to crypto investors is invest where you feel safe, which is bitcoin, when you buy bitcoin, you don't just buy an asset, you also buy peace of mind.the market can be sometimes crazy that even the dip will scare you for the value of your asset, but bitcoin will always be bitcoin, it always stand strong, it doesn't fail to rally back an most times even better, unlike most alt that wouldn't gives you peace once the dip is very strong,  I don't really know if anyone else feel the same way?

Like a commander general, bitcoin is always in charge and in the leading role come rain come shine. Like a safe-haven no matter how deep the dip gets bitcoin can be relied on of not crash unlke other altcoins would in the event of a deep dip survival to regaining value is hardly the case.

For many wise investors, whenever bitcoin dip occurs they quickly grab it as an opportunity to DCA because they understand that it's another opportunity to make more profit in ascending order. And I think every newbie should get hold of this strategy that instead of getting frightened about a bitcoin dip it should be a good time to make another profit trip.

[Litzki1990]

Only those who have lost their money investing in ALT Coin know how safe it is to invest in Bitcoin. I have seen many ALT coins that have completely disappeared from the market.  But that never happened with Bitcoin. Bitcoin is the most reliable coin in cryptocurrencies. And since all other coins in the market are dependent on Bitcoin then why would I invest in other coins instead of Bitcoin. I will always put my trust and faith in Bitcoin.

[decodx]

I don't really know if anyone else feel the same way?

Yeah, bitcoin is like the superhero of cryptocurrencies, always standing strong and giving us confidence in the market. But let's not forget that superheroes have their weaknesses too, just like how bitcoin has its fair share of volatility. I don't know about you guys, but investing in bitcoin feels like being in a rollercoaster ride. It's thrilling, but at the same time, nerve-wracking. 

[Alpha Marine]

I think I disagree with the part where you said "Bitcoin gives peace of mind". Bitcoin only gives peace of mind when it's doing well. If it's not then it's the opposite. It's hard watching your investment lose value. That is why patience is needed when it comes to Bitcoin.

I believe having any investment gives confidence. There's this confidence that comes with having an investment in someone that is yielding profit or would yield profit in the future. When you have an asset that is appreciating in value, there's always a good feeling about that, but when this asset is depreciating in value, rest of mind will be the last kind of feeling you'll feel at that point.

[CryptoHeadlineNews]

When you talk about cryptocurrency, the first thing that goes into your mind is bitcoin, my advice to crypto investors is invest where you feel safe, which is bitcoin, when you buy bitcoin, you don't just buy an asset, you also buy peace of mind.the market can be sometimes crazy that even the dip will scare you for the value of your asset, but bitcoin will always be bitcoin, it always stand strong, it doesn't fail to rally back an most times even better, unlike most alt that wouldn't gives you peace once the dip is very strong,  I don't really know if anyone else feel the same way?

Yes, you actually spoke well in this very statement of yours, because not only do owing Bitcoin gives confidence, but owing it in the right safe & secured wallet is what gives more confidence & peace of mind just as you mentioned above, knowing fully well that with Bitcoin, it gives you control over your funds. However, Bitcoin remains the first and number one cryptocurrency to ever exist with it having the highest trading volume, market cap & price currently at $27k per BTC, of which thou it's expensive, it is divided into mini fractions called "Satoshis" that can be afforded even with the least $3 with exchange such as "Remitano".

[Sandra_hakeem]

"To whom much is given,much is expected"
Out of the whole population consensus in the world, atleast 65 % are HODLing Bitcoin and that's alot to atleast make anyone have enough confidence to HODL as well.
On the other hand, altcoins have made alot of negative impartation on the digital money-brand, Cryptocurrency. Sometimes we'll wanna ask how?? I mean, alot of peeps have been searching their ways to get into the cryptographic line, but at the end of the day, they' might be given an option on altcoins with some huge profits; that could possibly mean everything to them since they're only starting....but when the losses Begins to pop-up, they'll end up blaming Bitcoin and thwarting the efforts by tagging different names to it. Isn't that strengthens them trolls?

Sandra 🧑‍🦰

[Dr.Bitcoin_Strange]

I like the fact that a newbie is saying this, or perhaps a crypto pro in disguise 

OP, I think you need to see this thread. It's a question of whether it would be profitable to hold coins that are ranked in the top 10 of market cap. So perhaps if someone is investing in crypto today and buys Bitcoin and other ten or twenty different Altcoins, many of those coins would not survive the test of time in the next two or even ten years. So there is always this confidence in having Bitcoin in your portfolio, because even if those other shite altcoins crumble, your Bitcoin would still be there, and you would also have made profit on it.

I usually don't advise any newbie to start buying altcoins, but due to the influence of a friend here, I wouldn't give such a warning again. Anyone who is not investing in Bitcoin has their own risk to bear with altcoins.

[uchegod-21]

When you talk about cryptocurrency, the first thing that goes into your mind is bitcoin, my advice to crypto investors is invest where you feel safe, which is bitcoin, when you buy bitcoin, you don't just buy an asset, you also buy peace of mind.the market can be sometimes crazy that even the dip will scare you for the value of your asset, but bitcoin will always be bitcoin, it always stand strong, it doesn't fail to rally back an most times even better, unlike most alt that wouldn't gives you peace once the dip is very strong,  I don't really know if anyone else feel the same way?

Peace of mind is not a matter of where you invest. That could be part of it but believe me it's too secondary. The first step to peace of mind is personal decision and strongness of the mind.
No matter which coin you invest in, there's always a skip of mind when the bear market is happening. But why the bitcoin investors are more safe is that they know that bitcoin will surely bounce back no matter how long it takes, but this cannot be said of many altcoins which might not return to life after bear market.

[Ndabagi01]

When you talk about cryptocurrency, the first thing that goes into your mind is bitcoin, my advice to crypto investors is invest where you feel safe, which is bitcoin, when you buy bitcoin, you don't just buy an asset, you also buy peace of mind.the market can be sometimes crazy that even the dip will scare you for the value of your asset, but bitcoin will always be bitcoin, it always stand strong, it doesn't fail to rally back an most times even better, unlike most alt that wouldn't gives you peace once the dip is very strong,  I don't really know if anyone else feel the same way?

All bitcoin enthusiasts share the same feeling.  Bitcoin is the only trustworthy cryptocurrency that will recoup its value after experiencing market volatility.  When compared to other cryptocurrencies, the risk connected with it is negligible.

When we see other cryptocurrencies leave the market and losing value during a market downturn, bitcoin is always the safest of them all, and all other cryptocurrencies follow bitcoin's trend and movements in both directions. The decentralized aspect that distinguishes it from other cryptocurrencies cannot be overstated, yet owning bitcoin comes with the peace of mind that it is a safe and secure asset.

[SOKO-DEKE]

Anyone with thorough understanding of the cryptocurrency industry will be able to identify that Bitcoin is only the ideal coin for investments that will provide investors with peace of mind. There are currently no alternative altcoins that can be used to compare with Bitcoin .Some people claim that even some altcoins with good potential can provide them with that sense of security, but I tell them that they can't be used as a benchmark because Bitcoin sets the market price for all altcoins.In summary, there are numerous altcoins with a good reputation before but they ultimately become dead coins at last, I have witnessed some before.

as for me i may not have much funds to purchase more Bitcoin in order to make huge profit but i prefer having that little confidence that is why I preferred investing only in Bitcoin, so with that I can know I have limit my investments risk in cryptocurrency sector.

[Marykeller]

Generally speaking, when someone mentions crypto, what comes to people's mind first is bitcoin not altcoin. Bitcoin is the king of all crypto and it is through her that altcoins were made.

Truly, having bitcoin in your portfolio does give confidence and assurance that your future assets in Bitcoin will always be secured no matter how the market turns out to be.

Unfortunately, some investors prefer holding altcoins over bitcoin because of the many financial gains it brings to them when the crypto market bulls(skyrocket) not when it is in the red(bearish) zone. They seem to forget that not all altcoins survive in it.

[AakZaki]

Altcoins are more risky and the price of bitcoin depends on the movement of bitcoin. I also prefer to invest in bitcoin for the long term with a large enough amount. But altcoins can also be made into investments or for short-term trading. Any fluctuations in altcoin prices will be able to be utilized to generate profits. Many altcoins to choose from, but do some research to determine which altcoins will be made as backup investments. there will be many choices.

Peace of mind and psychological stability are very important so that there is no panic or rash decisions when investing.

[Becassine]

Several years ago, when I knew much less than I do now (and I know that I still have a lot to learn), I had the equivalent of 2 bitcoins in shitcoins.

I don't trade and I didn't really have time to watch the prices. One day this bag was only worth a few satoshis.

With bitcoin, I don't have to worry about prices, bearmarket or whatever.

[Stable090]

Yes, those who have seen a lot of Altcoin collapse by 100% and sometimes 200% or more know this feeling. Those people who lost their coins in these collapses will know the feeling of confidence when having Bitcoin.

2022 was a scary year for altcoin investors, we all saw two strong altcoins crashed last year, that’s just evidence that altcoins shouldn’t be relied on, anything can happen any moment, people investing in altcoins where scared last year because they don’t know the next coin that will crash, maybe it’s the one they are holding or not.

When you own Bitcoin, you are assured of peace of mind, because you know that no matter how much the price falls, it must rise again to new peaks. So all you have to do is throw your bitcoins into the wallet and forget about it.

Altcoins crashed last year and their money was gone, bitcoin can’t crash like that, the only thing that will happened to bitcoin is that the price will dump and if you are the strong type that can hold, then with time it’s going to bounce back, but if some altcoins can crash, then they are dead already, they will never recover any amount you invest is gone already, that’s why we have to think twice before choosing to invest in either bitcoin of altcoins.