The zeal to invest in speculative asset

[shepherd_gee]

Investment strategy one implement be it short-term or long-term is channeled for profit maximization. Cryptocurrency on it's own is a solid long-term investment, one which is volatile and unpredictable, which is also a speculative investment. I will say it have outperformed most asset classes in recent years; including stocks, bond, gold, and real estate. Cryptocurrency is the tomorrow of today.

[Charles-Tim]

But be careful of cryptocurrencies. Some can make you rich and some can be a nightmare for you. Cryptocurrencies are harbouring scammers. You can read about scam in DeFi and DAO and see why you need to avoid some aspect of cryptocurrencies by making proper research. There are many new projects that are mainly created by scammers and some are just pumped and dumped which are obvious scam.

Advice:
There are just few good cryptocurrencies and it is advisable to go for bitcoin. Some altcoins will not reach all-time-high and while many will dump more to almost or lower than their pre-halving price after bull market that is followed by bear market. But bitcoin has proven itself to be a store of value in long term.

[Odohu]

Investment strategy one implement be it short-term or long-term is channeled for profit maximization. Cryptocurrency on it's own is a solid long-term investment, one which is volatile and unpredictable, which is also a speculative investment. I will say it have outperformed most asset classes in recent years; including stocks, bond, gold, and real estate. Cryptocurrency is the tomorrow of today.

When using the word "cryptocurrency " please be specific so you don't mislead the uniformed.  In other words, Saying that cryptocurrency have outperformed most asset classes is actually equivocation because many people have be wrecked by cryptocurrency.  This is why it becomes very important to be specific when using that term.
If you say Bitcoin have performed better than stock and many asset classes, it is understood because that is the fact.... many people have had their lives transformed through Bitcoin. On the other hand, Luna and other cryptocurrencies that failed, have destroyed many lives.

I will encourage anyone willing to start building their portfolio to consider Bitcoin that is the pioneer and most reliable digital currency.

[Dr.Bitcoin_Strange]

@OP, Generally, there are thousands of cryptocurrencies in the space, and Bitcoin is the head of them all. When referring to Bitcoin, it's better to spell it out; otherwise,  it will be concluded that you are not only referring to a particular cryptocurrency. If you are not also specifically talking about Bitcoin, then you should move your topic to the altcoin discussion board.

One character of Bitcoin is volatility, and that's why it's better to invest in it and hold it in your wallet until the bull market, but if you are investing in altcoins, you should also prepare your mind for any losses you may incur.

[CageMabok]

Investment strategy one implement be it short-term or long-term is channeled for profit maximization. Cryptocurrency on it's own is a solid long-term investment, one which is volatile and unpredictable, which is also a speculative investment. I will say it have outperformed most asset classes in recent years; including stocks, bond, gold, and real estate. Cryptocurrency is the tomorrow of today.

For me, Cryptocurrency investment is an investment for the future that can be made by everyone today and forever, while for some other investments, as you mentioned, it is an investment that sometimes requires having more capital if you want to get more profits. However, all of this is still good enough for anyone to do from now on as long as there is the ability to do it well, because investment will be quite good if every investor knows how and has sufficient knowledge about it. For example, most people already know about Bitcoin and then invest in it.

[Ruttoshi]

OP, it is bitcoin that you are talking about and not just any cryptocurrency. Bitcoin is the one that has the potential to overpower every other assets that has been existing long ago, due to its volatile nature. If you want to invest, you should invest in bitcoin for a long term and don't think of a short term investment because, you might end up running at loss, since nobody can predict the price movement of bitcoin accurately but only with past records and that is why it is called speculation.

Newbies don't know the difference between bitcoin and other cryptocurrency and that is why they can easily be deceived to invest on the wrong coins. Don't be greedy and follow the hype of those other cryptocurrency, since majority of them are pump and dump shitcoins. Only use the amount that you can avoid to lose to invest as a beginner whose faith isn't strong yet in bitcoin.

[348Judah]

Investment strategy one implement be it short-term or long-term is channeled for profit maximization. Cryptocurrency on it's own is a solid long-term investment, one which is volatile and unpredictable, which is also a speculative investment. I will say it have outperformed most asset classes in recent years; including stocks, bond, gold, and real estate. Cryptocurrency is the tomorrow of today.

First thing to observe here is that, bitcoin is what you should be referring to specifically in cryptocurrency, not all cryptocurrencies can have this same qualifications as you've highlighted, if you're a bitcoin investor, you have several opportunities to make your financial assets well secured and profitable, this have to do with how you store your bitcoin from the kind of wallet used and the duration to which you're able to hold your financial asset in other to make it profitable.

[freedomgo]

Bitcoin is indeed a sound investment choice. When discussing cryptocurrency, it's best to focus solely on Bitcoin and not get distracted by altcoins. Comparing it to other investments like stocks, bonds, gold, and real estate, Bitcoin stands out.

While Bitcoin is considered a speculative asset, delving deeper into its studies reveals interesting facts. There's a genuine and continuously growing demand for Bitcoin. Moreover, with increasing government acceptance and regulation, its future is expected to become more stable. So, if you're planning to invest or diversify your investments, putting your trust in Bitcoin is a viable option. Just HODL onto it, and you'll be in good shape.

[Eureka_07]

Investment strategy one implement be it short-term or long-term is channeled for profit maximization. Cryptocurrency on it's own is a solid long-term investment, one which is volatile and unpredictable, which is also a speculative investment. I will say it have outperformed most asset classes in recent years; including stocks, bond, gold, and real estate. Cryptocurrency is the tomorrow of today.

The cryptocurrency market has outperformed other assets and stocks in recent years in terms of growth. I suppose this is due to the spike in popularity and accessibility. However, this doesn't necessarily mean it's better. Remember that most cryptocurrencies are volatile, which means traders and investors could lose a significant portion of their investment within a short period of time. Invest wisely, and one way to do that is to become familiarized how it works.

[cryptoaddictchie]

Investment strategy one implement be it short-term or long-term is channeled for profit maximization. Cryptocurrency on it's own is a solid long-term investment, one which is volatile and unpredictable, which is also a speculative investment. I will say it have outperformed most asset classes in recent years; including stocks, bond, gold, and real estate. Cryptocurrency is the tomorrow of today.

Maybe for some crypto it is a solid investment in long term but not all. Due to popularity there are some altcoins or crypto resorted to scam once they get funds of the investors and leave or let the project died. Lucky for those who bought early with the pioneer coins cause the increase is really big and massive especially for bitcoin. 10years holding with a cheap price and now you could rip billions and millions of money.

[Orpichukwu]

Investment strategy one implement be it short-term or long-term is channeled for profit maximization. Cryptocurrency on it's own is a solid long-term investment, one which is volatile and unpredictable, which is also a speculative investment. I will say it have outperformed most asset classes in recent years; including stocks, bond, gold, and real estate. Cryptocurrency is the tomorrow of today.

I will advise you to look more carefully and make your currency selection. Centering your advice and description on the benefits of holding a crypto asset across all crypto currencies is very risky and dangerous because there are a lot of scam crypto currencies out there that should be avoided and not used as a choice of investment in any way.
 
Investing in crypto currency when you take the right steps by investing right now is a good thing, and it always turns out to be profitable when it's held over a long period of time, allowing the assets to add value as their demands increase.

Investing in gold and other valuable resources is also acceptable. The value might not add up really quickly or it might remain stable in a particular place, but it's better than investing in an altcoin that will turn out to be lavish and wasteful or that hard-earned capital one tries so hard to gather.

[rachael9385]

With what you have said so far, I come to the conclusion that you might be confused about what you are trying to say. Well, Bitcoin is also a crypto currency, but I can genuinely tell you that it is very different from other coins in the crypto market, so, please, when you are next to light up a discussion like this, it is better to be specific, on the part of crypto you are trying to talk about, whether it is Bitcoin, altcoin or shitcoin so that one of those coins will not be mixed with BTC when discussing about it.

However, if you are a bit confused about what to invest in, I can say Bitcoin is one of the best crypto currencies for you and others, but other coins can make you get frustrated in the middle of an investment. There are some coins that could get you some profits, although that is now guaranteed, but you can try one of these Bitcoin or Ethereum.

[AmoreJaz]

With what you have said so far, I come to the conclusion that you might be confused about what you are trying to say. Well, Bitcoin is also a crypto currency, but I can genuinely tell you that it is very different from other coins in the crypto market, so, please, when you are next to light up a discussion like this, it is better to be specific, on the part of crypto you are trying to talk about, whether it is Bitcoin, altcoin or shitcoin so that one of those coins will not be mixed with BTC when discussing about it.

However, if you are a bit confused about what to invest in, I can say Bitcoin is one of the best crypto currencies for you and others, but other coins can make you get frustrated in the middle of an investment. There are some coins that could get you some profits, although that is now guaranteed, but you can try one of these Bitcoin or Ethereum.

what more can i say? the OP should think not only twice but many times if he will venture other alts other than bitcoin. most of these alts have very short lifespan and so you need to be cautious in buying them especially those new ones. i can agree that if you don't know which coins to invest in, better consider btc and eth first. those top currencies for me are rock solid and won't disappear overnight.

[rodskee]

Investment strategy one implement be it short-term or long-term is channeled for profit maximization. Cryptocurrency on it's own is a solid long-term investment, one which is volatile and unpredictable, which is also a speculative investment. I will say it have outperformed most asset classes in recent years; including stocks, bond, gold, and real estate. Cryptocurrency is the tomorrow of today.

You should put name in what crypto are you talking about because if you are generalizing , sorry to say but there are some that only Shitcoin and nothing to count for.
and also you are posting in altcoin section meaning you are supporting this area instead of bitcoin?
every cryptocurrency is speculative but we can find sanctuary if we are into bitcoin majority than altcoins.
though what you said is almost correct that we need to find best position in this market if we wanted to seek for better tomorrow as these currencies is for the future.

[Husires]

Cryptocurrency outperformed because it was new to us for only about 13 years, and during the first period, the value of any asset will inevitably rise from zero to several million, but maintaining and doubling the ATH will be difficult, so Bitcoin will not be able to reach 1000% during the next 13 years because the price will be very large.
Bitcoin has a future due to limited supply and increasing demand, and I cannot say that every Cryptocurrency has value because some of them are either already dead or will die due to lack of activity.

[justdimin]

I will advise you to look more carefully and make your currency selection. Centering your advice and description on the benefits of holding a crypto asset across all crypto currencies is very risky and dangerous because there are a lot of scam crypto currencies out there that should be avoided and not used as a choice of investment in any way.
 
Investing in crypto currency when you take the right steps by investing right now is a good thing, and it always turns out to be profitable when it's held over a long period of time, allowing the assets to add value as their demands increase.

Investing in gold and other valuable resources is also acceptable. The value might not add up really quickly or it might remain stable in a particular place, but it's better than investing in an altcoin that will turn out to be lavish and wasteful or that hard-earned capital one tries so hard to gather.

His forum rank might only be a newbie but it looks like he knows what he is talkin about. And take note, he is the one that is giving an advice here, not the one who ask for it. What you said here can still be a good addition to what he have said and other newbies who are not aware of these can learn to it.

I think there is a million plus number of cryptos right now so indeed that it's ridiculous to invest all of them even if we say that all of them profitable because how can you be able to handle them all? There are rankings that are made and it measures how each crypto performs. To save time and effort, we can just pick the top-performing cryptos.

[Husires]

part of cryptocurrencies do not have a long track record through which we can say or judge that they have outperformed assets such as stocks, bonds, gold, and real estate, which have been around for decades, while most of the current cryptocurrencies did not exist in 2013. This huge difference makes the comparison illogical because we are witnessing... A boom in currencies in short periods without confirmation of the general trend in the coming months or years.

Bitcoin is the only one that has had an upward trend over the past 10 years, and we hope that it will remain and maintain this upward trend, but the only truth is that the momentum of the upward curve will decrease over time until it becomes a safe haven.

[Adbitco]

When classifying currencies you should be knowledgeable enough to know that bitcoin and altcoin aren't the same in general people may term it to be cryptocurrency whereby you can't predict their prices. Bitcoin is more secure and trusted, it's more reliable than any other altcoin out there so while choosing investment you should mind the coin to invest if not directly bitcoin.

[Silberman]

When classifying currencies you should be knowledgeable enough to know that bitcoin and altcoin aren't the same in general people may term it to be cryptocurrency whereby you can't predict their prices. Bitcoin is more secure and trusted, it's more reliable than any other altcoin out there so while choosing investment you should mind the coin to invest if not directly bitcoin.

This is one of the most common mistakes we see the newcomers making when they first enter this market, they think that since the term cryptocurrency can be used for all the coins we have on the market then all coins and tokens are created equal, but this is not the case, this is the reason we have the term altcoin to refer to any coin that is not bitcoin, as even if there are a few altcoins that are worth the attention they receive, not a single one of those coins is as good as bitcoin and people should be as careful as possible when investing in them.

[Adbitco]

When classifying currencies you should be knowledgeable enough to know that bitcoin and altcoin aren't the same in general people may term it to be cryptocurrency whereby you can't predict their prices. Bitcoin is more secure and trusted, it's more reliable than any other altcoin out there so while choosing investment you should mind the coin to invest if not directly bitcoin.

This is one of the most common mistakes we see the newcomers making when they first enter this market, they think that since the term cryptocurrency can be used for all the coins we have on the market then all coins and tokens are created equal, but this is not the case, this is the reason we have the term altcoin to refer to any coin that is not bitcoin, as even if there are a few altcoins that are worth the attention they receive, not a single one of those coins is as good as bitcoin and people should be as careful as possible when investing in them.

The other thing I noticed mostly is people don't care about the kind of coin they invest but are always thrilled by the profit they will make in as a return of investment, this is one thing that lure investors especially the newbies into silly projects without doing their proper research to know what quality is the project token they are making their investment, the name coin has deceived lots of people because they had the orientation of bitcoin so to whatever that bears the name coin gives them this thinking that it could worth like bitcoin without knowing they are just dreaming. I don't think at this my stage and experience so far over here that any projects will possibly come to deceived me with their fake promises, instead I better leave my holding in bitcoin without being lured into fake project/fake coin.