Best crypto savings

[Catenaccio]

Besides, what does top 10 coins even mean? Put that token at 21 million max supply and it won't even be among the top 100 coins - cmc manipulation.

Altcoin developers can mint their tokens from thin air with their codes. They can set up any total supply for their tokens. If they want a token total supply is lower than Bitcoin total supply, they set it up with a number smaller than 21 million.

They can do it, nobody can prohibit altcoin developers to do this but it does not help their tokens have real use cases and have good price on the cryptocurrency market.

[odunybiz]

If you want to give an advice, it's better if you not only mention some part and forget with the other part that's important.

Investing in Bitcoin is obviously safe in the long run and the price is always increasing after 4 years cycle. But the thing is, don't think after you but Bitcoin, your investment is 100% safe.

Nothing in this world is 100% sure. Even your physical business may fail after investing even with much research. Life is all about risk and the more risk you take the more the chances of making it.

Leaving your coins on the centralized exchange or staking to earn interest is no longer safe, using a daily driver device which you connected to internet and clicking random link is no longer safe etc. You need to know how to safely hold and maintain your Bitcoin.

I think I need to learn from here too. How do I hold and maintain my Bitcoin safely for a long time? It's a thing to save some Bitcoin, is another thing to save it securely from been hacked.

[Gallar]

I joined crypto early last year with little knowledge. After I had loose some money to altcoin, I decided to go for some research and I observe it best to make 80% of ones crypto savings to be Bitcoin.

Mistakes that make you lose when you join to invest or trade in crypto, that's for sure, the main factor is the lack of knowledge you have at that time. Because investing or trading in crypto (altcoins) is very risky, but if your knowledge about altcoins is pretty good, of course all the risks of losses that will occur can be reduced.

And then you decide to divert 80% of the crypto assets you have into bitcoin assets, that's definitely a better move. Because when you invest in bitcoin, you will be more calm with the assets you have, and the risk of loss will also be very small. But most importantly, you must continue to learn about investing or trading in bitcoin, so that the results will be maximized.

Why I against altcoin and prefer Bitcoin:
👉👉Lower popularity and smaller market cap: Altcoins have a smaller investment market compared to Bitcoin. Bitcoin has generally hovered around 40% of the global cryptocurrency market since May of 2021.

It is obvious. Because bitcoin was the pioneer for the birth of crypto currency in the world, and so you could say bitcoin is the king of all crypto currencies or assets. Then with this fact, coupled with the very good quality of bitcoin.
So it is certain, in terms of liquidity, quality, market capitalization and popularity, Bitcoin is indeed far superior compared to other crypto assets.
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[uchegod-21]

You said about your opinions and that should be unique but you just did copy paste whole this information what I have quoted from the source. Is it not like breaking forum rules?

There are no many unique articles in the forum, many copy from the internet and some copy from chatGPT. The difference is that the wise ones make some changes and introduce their idea while still referencing their sources. The dumb ones just copy and paste with reference and they are always banned.
The OP tried to include reference, but copying verbatim and including reference is not cool by me (but I don't  matter). Instead of copying verbatim while not paste the link and direct us to read.

[Lucius]

I would never advise investing in the projects you suggested, because completely centralized tokens like the one you mention from one CEX have some value only as long as their company operates stably, and we all know that if nothing else they are deep in the gray zone and under investigations around the world.

By inference, it's clear you're referring to Binance (correct me if I'm wrong). Can't we say CZ has really tried with his exchange so far despite that's a Cex? I mean, since 2017 that Binance came on the scene and was greeted with all that skepticism and criticism but it's still weathering the storm till date. I think we should give to it its flowers.

It is more than obvious that I am referring to them, considering that their token is mentioned as something worth investing in long-term - but I have already mentioned that any similar token is stable and has value as long as the company behind it is doing well and has stability. Considering what is happening with that company, shouldn't it be taken into account that their token in x years might not be worth even 50% of what it is worth today, or might not be worth anything?

In addition, I would never invest in something backed by a man who publicly says that 99% of people who use cryptocurrencies are incapable of keeping them in a non-custodial wallet and suggests that CEX is a much better option for them. Implying that almost all crypto users are stupid is not something that gives that man a reputation that seems to be considered impeccable by millions of people - but I'm not surprised by that, considering that there are the same people who believed that Bankman is a good, capable and honest man.

[SOKO-DEKE]

I joined crypto early last year with little knowledge. After I had loose some money to altcoin, I decided to go for some research and I observe it best to make 80% of ones crypto savings to be Bitcoin.

This is the reason why newbies are not expected to rush and invest in the cryptocurrency industry; they are expected to have enough knowledge before they should invest. Many people have lost some money in the crypto industry because they did not know which projects were worth investing in, so they ended up investing in scam projects.

👉👉[/b]Many altcoins are scams or lost developer and community interest:[/b] There are several "dead" altcoins that ended up sinking investor dollars.

I may say that is true because there are many projects that people believe much in, but at the end, they end up become dead projects. I've experienced many of them before, and that's why I don't trust any altcoin anymore.

CONCLUSION
A good practice I will recommend for all expecially beginners is that they should invest mostly in Bitcoin as this is highly save for the future.

Due to the little knowledge of newbies and the many altcoins in the crypto market, with idea that newbies can't carry out proper research on their own,they are advised to always avoid altcoins for the main to limit their risk in the crypto industry. So newbies are advised to only invest in Bitcoin until they have the proper knowledge to do proper research on their own.

[sunsilk]

I think I need to learn from here too. How do I hold and maintain my Bitcoin safely for a long time? It's a thing to save some Bitcoin, is another thing to save it securely from been hacked.

You hold it on a wallet where you're also holding the private keys. Exchanges don't provide you that and that's the best way to maintain the safety of your Bitcoin if you're for the long term.

Much better and more preferred to have it on a hardware wallet. You get to see a lot of people telling that it's the best way to keep your bitcoin if you own one. Some may say that it's a paper wallet.

[Cookdata]

I joined crypto early last year with little knowledge. After I had loose some money to altcoin, I decided to go for some research and I observe it best to make 80% of ones crypto savings to be Bitcoin.

Why I against altcoin and prefer Bitcoin:
Lower popularity and smaller market cap: Altcoins have a smaller investment market compared to Bitcoin. Bitcoin has generally hovered around 40% of the global cryptocurrency market since May of 2021.

I don't quite find altcoins fascinating but I don't agree with some of your explanation. An altcoin may have less popularity which is right because it's new but ignoring them because of low market cap is not valid reason why they should be neglected, they are even more easier to make x10 than to make that in Bitcoin if you know understand how altcoins are shill and exit strategy when you had enough profits bu I don't just like them from my own personal reasons, they are not real to me.

CONCLUSION
A good practice I will recommend for all expecially beginners is that they should invest mostly in Bitcoin as this is highly save for the future.

Altcoins is full of deceit and lies, the team are very manipulative and if you are not careful, you will get caught up in there games, it's better to avoid them without even thinking twice, they may look profitable until you had loss from the market.