Buy Buy Buy or Sell Sell Sell?

[Jewan420]

The lower risk percentage makes Bitcoin a good choice for long-term investment. It cannot be denied that everyone who understands this will of course choose Bitcoin.
However, that doesn't mean that Altcoins are a bad choice, there are times when Altcoins can produce much bigger profits, but again, as I said earlier, everything depends on the risk and what you need to know is that every possible profit will be worth it with all the risks involved faced.

Alternate cryptocurrency is a good investment but it must be in a reportable coins otherwise any shitcoin that doesn't possess the quality of can be easily a waste of investment such as newly listed tokens in the market, that is why many people prefer using their hard earned money to invest into bitcoin to secure their investment. We know that bitcoin is volatile but the volatility of altcoin can't be compared with bitcoin hence is possible of losing its value at any given time and anymore moments.

Would agree with you if other coins were guaranteed to recover like bitcoin. From this point of view, all coins except Bitcoin fail. I would vote for it as it is not recommended to invest in alternative cryptocurrencies (Shitcoin or other cryptos) in such a situation. If one wants to invest in alternative cryptos he can do it from his personal advice, in case he suffers loss then he will be responsible for his own loss, no second party will be held responsible here. If you advise someone to invest in alternative cryptos, you will be responsible for their profits and losses. Even if you make a profit, you will bear the liability, even if you lose, you will bear the liability. I think no one would ever want to cause harm to anyone.

Investing in Shitcoins or alternative cryptos I see as gambling and I do not support gambling at all. Because, there is no guarantee of profit in short term or long term investment in these coins. Sometimes you will gain a lot and sometimes you will lose everything.

Bitcoin can guarantee you this. Bitcoin may not make you much profit in long term investment, but you are guaranteed to be profitable. No matter how you invest in Bitcoin, if you hold for the long term, you are guaranteed to make a profit. As a strategy, I prefer the DCA approach, as it always offers buying opportunities. I would advise everyone to move away from short-term investing and start profiting through long-term bitcoin investing.

[GeorgeJohn]

The lower risk percentage makes Bitcoin a good choice for long-term investment. It cannot be denied that everyone who understands this will of course choose Bitcoin.
However, that doesn't mean that Altcoins are a bad choice, there are times when Altcoins can produce much bigger profits, but again, as I said earlier, everything depends on the risk and what you need to know is that every possible profit will be worth it with all the risks involved faced.

Alternate cryptocurrency is a good investment but it must be in a reportable coins otherwise any shitcoin that doesn't possess the quality of can be easily a waste of investment such as newly listed tokens in the market, that is why many people prefer using their hard earned money to invest into bitcoin to secure their investment. We know that bitcoin is volatile but the volatility of altcoin can't be compared with bitcoin hence is possible of losing its value at any given time and anymore moments.

altcoins that lacks value has crippled many people so I believe that what we need to do is make sure that we watch well and know the life span of a particular we want to invest on so that after the investment it will not be wast of resource, is good to make proper research before you invest in cryptocurrency you wants to invest on, because I know very well that investing in altcoins is like some who is trying a luck, because sometimes they don't be nice as expected before investment.

[Ruttoshi]

The lower risk percentage makes Bitcoin a good choice for long-term investment. It cannot be denied that everyone who understands this will of course choose Bitcoin.
However, that doesn't mean that Altcoins are a bad choice, there are times when Altcoins can produce much bigger profits, but again, as I said earlier, everything depends on the risk and what you need to know is that every possible profit will be worth it with all the risks involved faced.

Alternate cryptocurrency is a good investment but it must be in a reportable coins otherwise any shitcoin that doesn't possess the quality of can be easily a waste of investment such as newly listed tokens in the market, that is why many people prefer using their hard earned money to invest into bitcoin to secure their investment. We know that bitcoin is volatile but the volatility of altcoin can't be compared with bitcoin hence is possible of losing its value at any given time and anymore moments.

altcoins that lacks value has crippled many people so I believe that what we need to do is make sure that we watch well and know the life span of a particular we want to invest on so that after the investment it will not be wast of resource, is good to make proper research before you invest in cryptocurrency you wants to invest on, because I know very well that investing in altcoins is like some who is trying a luck, because sometimes they don't be nice as expected before investment.

It is impossible for you that is not the dev or an insider to know the life span of a coin no matter how long that you will take to make your research which makes it not a good option for one to invest on shitcoins but bitcoin. Why will you use your money for buy try your luck coin which the odds of running at loss is high. Those altcoins that you think are good will not last in the market but bitcoin is here to stay.

This is why new investors should disregard anything about shitcoins and only think of investing and building your bitcoin portfolio for 4-10 years above while they hodli. I don't know why some folks thinks that it is possible for you to know a coin that is less shitty when a new investor does not even understand where to start form. But with bitcoin he can be assured of the safety of his investment and together with some profits at the long run.

I don't like repeating myself because recently too much of shitcoins discussion which some people claim to know the best shitcoin to invest in when we know that it is very difficult to know the best shitcoins when there is no best and bitcoin is the best for everyone to invest in and reap from the fruit of his labour in future as long as he patiently build his bitcoin stash gradually every week or month with regular buying overtime.

[Barikui1]

The lower risk percentage makes Bitcoin a good choice for long-term investment. It cannot be denied that everyone who understands this will of course choose Bitcoin.
However, that doesn't mean that Altcoins are a bad choice, there are times when Altcoins can produce much bigger profits, but again, as I said earlier, everything depends on the risk and what you need to know is that every possible profit will be worth it with all the risks involved faced.

Alternate cryptocurrency is a good investment but it must be in a reportable coins otherwise any shitcoin that doesn't possess the quality of can be easily a waste of investment such as newly listed tokens in the market, that is why many people prefer using their hard earned money to invest into bitcoin to secure their investment. We know that bitcoin is volatile but the volatility of altcoin can't be compared with bitcoin hence is possible of losing its value at any given time and anymore moments.

altcoins that lacks value has crippled many people so I believe that what we need to do is make sure that we watch well and know the life span of a particular we want to invest on so that after the investment it will not be wast of resource, is good to make proper research before you invest in cryptocurrency you wants to invest on, because I know very well that investing in altcoins is like some who is trying a luck, because sometimes they don't be nice as expected before investment.

Hello mate, I actually don't understand what you mean by this statement that I made bold here, are you trying to say that their are shit coin that are reliable? Because I don't see any reason to do any research on any coin that isn't Bitcoin, and we actually need to understand that as long as cryptocurrency is concerned, almost all the alt and shit coin are just measures put in place to milk investors of their hard earned money, because the chances of most alt and shit coin investment being successful is like 98% to 2%, so tell me why it's not gambling?

Though doing research is not a bad thing, on the contrary it  enlightens you the more, but not on shit coin or alt, unless you just feels like gambling, if not, I suggest you focus on Bitcoin only, because it's the real deal.

And lastly, try as much as possible not to be greedy in this crypto space we find ourselves, because that is the major reason why people are still thinking of investing in shit coin due to 5x to 10x, and in the process, they lose everything because of greed, while in Bitcoin investment, their is always a gradual progress, so try no to be greedy, because slow progress is still a progress, as long as it comes with stability and continuity, and Bitcoin gives you that.

[Felicity_Tide]

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It is impossible for you that is not the dev or an insider to know the life span of a coin no matter how long that you will take to make your research which makes it not a good option for one to invest on shitcoins but bitcoin.

This is why new investors should disregard anything about shitcoins

I don't like repeating myself because recently too much of shitcoins discussion which some people claim to know the best shitcoin to invest in when we know that it is very difficult to know the best shitcoins when there is no best and bitcoin is the best for everyone to invest in and reap from the fruit of his labour in future as long as he patiently build his bitcoin stash gradually every week or month with regular buying overtime.

I have carefully read through your opinion and that of the other three users, which I think you all have a point, but it seems to me that you aren't seeing the brighter side of their own explanation.

Firstly, you seem to be laying emphasis on shitcoins, while the other three users talked more about altcoin. But let me point out something very important here: All shitcoins are altcoin, but all altcoins are not shitcoin.

Some of us here, don't seem to understand the difference between shitcoins and altcoin, which has led us to categorizing both as same. Your statement emphasis on shitcoins, sounds as if you are categorizing them as altcoin, which I think it's not true. We have few altcoins, which I think are doing well, even without mentioning their names.

On the other hand, I consider those who buy shitcoins as gamblers and not investors. They usually purchase them at a very cheap amount, but in large quantity, hoping to make heavy profits from it in the future, but it turns out to be a failed project at the end of the day, leaving the gambler with dust.

Those altcoins that you think are good will not last in the market but bitcoin is here to stay.

And, I guess, the coin with the second largest market cap should have probably crashed a long time ago, isn't it?, Or is it not longer an altcoin?.

Why don't you check charts of some altcoins that experienced a dip along side Bitcoin sometime last here. They've also made some incredible price come back this year, even though we can't compare them to Bitcoin due to it's market cap and price different.

I personally don't encourage the buying of altcoin of any kind, due to their high level of centralization. Bitcoin is an ideal coin for any investor, but that doesn't mean that other coins should be ruled out from profitable assets.

[avp2306]

The lower risk percentage makes Bitcoin a good choice for long-term investment. It cannot be denied that everyone who understands this will of course choose Bitcoin.
However, that doesn't mean that Altcoins are a bad choice, there are times when Altcoins can produce much bigger profits, but again, as I said earlier, everything depends on the risk and what you need to know is that every possible profit will be worth it with all the risks involved faced.

Alternate cryptocurrency is a good investment but it must be in a reportable coins otherwise any shitcoin that doesn't possess the quality of can be easily a waste of investment such as newly listed tokens in the market, that is why many people prefer using their hard earned money to invest into bitcoin to secure their investment. We know that bitcoin is volatile but the volatility of altcoin can't be compared with bitcoin hence is possible of losing its value at any given time and anymore moments.

altcoins that lacks value has crippled many people so I believe that what we need to do is make sure that we watch well and know the life span of a particular we want to invest on so that after the investment it will not be wast of resource, is good to make proper research before you invest in cryptocurrency you wants to invest on, because I know very well that investing in altcoins is like some who is trying a luck, because sometimes they don't be nice as expected before investment.

Instead of looking forward for more altcoins, why not totally erase the thoughts of trying to invest on it again especially those shittiest among them all like meme coin which is currently a hot topic by some people.

Much ideal for investor is to buy bitcoin since we are confident that there will be no rug pull will happen.

Aside from it if we base on discussions happened, we can see that there's more huge chance that bitcoin holders could earn decent profit than those people who participate on shitcoin trading.

[Tmoonz]

The lower risk percentage makes Bitcoin a good choice for long-term investment. It cannot be denied that everyone who understands this will of course choose Bitcoin.
However, that doesn't mean that Altcoins are a bad choice, there are times when Altcoins can produce much bigger profits, but again, as I said earlier, everything depends on the risk and what you need to know is that every possible profit will be worth it with all the risks involved faced.

Alternate cryptocurrency is a good investment but it must be in a reportable coins otherwise any shitcoin that doesn't possess the quality of can be easily a waste of investment such as newly listed tokens in the market, that is why many people prefer using their hard earned money to invest into bitcoin to secure their investment. We know that bitcoin is volatile but the volatility of altcoin can't be compared with bitcoin hence is possible of losing its value at any given time and anymore moments.

altcoins that lacks value has crippled many people so I believe that what we need to do is make sure that we watch well and know the life span of a particular we want to invest on so that after the investment it will not be wast of resource, is good to make proper research before you invest in cryptocurrency you wants to invest on, because I know very well that investing in altcoins is like some who is trying a luck, because sometimes they don't be nice as expected before investment.

Hello mate, I actually don't understand what you mean by this statement that I made bold here, are you trying to say that their are shit coin that are reliable? Because I don't see any reason to do any research on any coin that isn't Bitcoin, and we actually need to understand that as long as cryptocurrency is concerned, almost all the alt and shit coin are just measures put in place to milk investors of their hard earned money, because the chances of most alt and shit coin investment being successful is like 98% to 2%, so tell me why it's not gambling?

Though doing research is not a bad thing, on the contrary it  enlightens you the more, but not on shit coin or alt, unless you just feels like gambling, if not, I suggest you focus on Bitcoin only, because it's the real deal.

And lastly, try as much as possible not to be greedy in this crypto space we find ourselves, because that is the major reason why people are still thinking of investing in shit coin due to 5x to 10x, and in the process, they lose everything because of greed, while in Bitcoin investment, their is always a gradual progress, so try no to be greedy, because slow progress is still a progress, as long as it comes with stability and continuity, and Bitcoin gives you that.

It is pointless making much of this argument since the concepts of this thread is Bitcoin and not some fucking coins that has zero guarantee, vividly Bitcoin has shown to  have a solid foundation and have proven to be the best coin and may not necessarily require much of the research as it potential are no longer hidden such that anyone can come in to Bitcoin with basic knowledge and figure out other things along the line, as am typing Bitcoin is at $69k the 100k speculation is going to be achievable sooner than we expected, Bitcoin is the best and  a patient dog will eat the fattest bone.

[CageMabok]

It is pointless making much of this argument since the concepts of this thread is Bitcoin and not some fucking coins that has zero guarantee, vividly Bitcoin has shown to  have a solid foundation and have proven to be the best coin and may not necessarily require much of the research as it potential are no longer hidden such that anyone can come in to Bitcoin with basic knowledge and figure out other things along the line, as am typing Bitcoin is at $69k the 100k speculation is going to be achievable sooner than we expected, Bitcoin is the best and  a patient dog will eat the fattest bone.

The potential for Bitcoin to go back past $70K before entering next month is very open because right now the price increase and recovery from the previous drop is still happening so there is still a possibility to continue heading towards $100K this year if the market conditions can continue as they are. I have also long thought Bitcoin is the best so buying more of it will always be a better option without having to sell it again sooner. Because for people who are too happy to continue accumulating Bitcoin will forget about when it is time to sell again before the price they want is reached.

[promise444c5]

It is pointless making much of this argument since the concepts of this thread is Bitcoin and not some fucking coins that has zero guarantee, vividly Bitcoin has shown to  have a solid foundation and have proven to be the best coin and may not necessarily require much of the research as it potential are no longer hidden such that anyone can come in to Bitcoin with basic knowledge and figure out other things along the line, as am typing Bitcoin is at $69k the 100k speculation is going to be achievable sooner than we expected, Bitcoin is the best and  a patient dog will eat the fattest bone.

The potential for Bitcoin to go back past $70K before entering next month is very open because right now the price increase and recovery from the previous drop is still happening so there is still a possibility to continue heading towards $100K this year if the market conditions can continue as they are. I have also long thought Bitcoin is the best so buying more of it will always be a better option without having to sell it again sooner. Because for people who are too happy to continue accumulating Bitcoin will forget about when it is time to sell again before the price they want is reached.

I don't really understand "the go back past " but I think you  mean surpassing our current ATH which is very true with the current momentum it gained while recovering  eventhough we are heading to a strong supply zone, I hope there should be something new this time around because there's FOMO in the market, more investors are coming in which is no new actually  but let's hope for a break out...
There's actually a strong hope of hitting that hundred target before 2025.

[JayJuanGee]

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It is impossible for you that is not the dev or an insider to know the life span of a coin no matter how long that you will take to make your research which makes it not a good option for one to invest on shitcoins but bitcoin.

This is why new investors should disregard anything about shitcoins

I don't like repeating myself because recently too much of shitcoins discussion which some people claim to know the best shitcoin to invest in when we know that it is very difficult to know the best shitcoins when there is no best and bitcoin is the best for everyone to invest in and reap from the fruit of his labour in future as long as he patiently build his bitcoin stash gradually every week or month with regular buying overtime.

I have carefully read through your opinion and that of the other three users, which I think you all have a point, but it seems to me that you aren't seeing the brighter side of their own explanation.

Firstly, you seem to be laying emphasis on shitcoins, while the other three users talked more about altcoin. But let me point out something very important here: All shitcoins are altcoin, but all altcoins are not shitcoin.

Some of us here, don't seem to understand the difference between shitcoins and altcoin, which has led us to categorizing both as same. Your statement emphasis on shitcoins, sounds as if you are categorizing them as altcoin, which I think it's not true. We have few altcoins, which I think are doing well, even without mentioning their names.

On the other hand, I consider those who buy shitcoins as gamblers and not investors. They usually purchase them at a very cheap amount, but in large quantity, hoping to make heavy profits from it in the future, but it turns out to be a failed project at the end of the day, leaving the gambler with dust.

Those altcoins that you think are good will not last in the market but bitcoin is here to stay.

And, I guess, the coin with the second largest market cap should have probably crashed a long time ago, isn't it?, Or is it not longer an altcoin?.

Why don't you check charts of some altcoins that experienced a dip along side Bitcoin sometime last here. They've also made some incredible price come back this year, even though we can't compare them to Bitcoin due to it's market cap and price different.

I personally don't encourage the buying of altcoin of any kind, due to their high level of centralization. Bitcoin is an ideal coin for any investor, but that doesn't mean that other coins should be ruled out from profitable assets.

You are speaking nonsense gobbledy gook Felicity_Tide.

When we are in a bitcoin thread and the topic is bitcoin, then for all practical purposes, everything that is not bitcoin is a shitcoin.

Sure you might believe some shitcoins are better than others, but we are in a bitcoin thread, so your attempts to argue about which shitcoins might be less shitty is irrelevant, even if there might be some examples of less shitty shitcoins that you could argue, and so if you are comparing shitcoins where do you stop?  It is a never ending waste of time to try to proclaim some shitcoins are less shitty, and probably you should go to some other thread if you are going to make those kinds of claim.. and join the masses of other folks who are distracted into shitcoins, and yeah maybe there are a few of them who end up being financially successful in their involvement in gambling and fucking around with nonsense that is largely already correlated to bitcoin and just adding more risk in terms of any bitcoin investment that a guy might make.

So for all practical purposes shitcoin and altcoin means the same thing - especially when we are in a bitcoin thread. .. and good luck wasting your time trying to figure out which shitcoins are less shitty, but hopefully you don't need to present those nonsensical attempts to differentiate in this thread or any other bitcoin thread.  Fuck shitcoins means the same as fuck altcoins... anything that is not bitcoin is a shitcoin.  And have fun staying poor if you cannot appreciate such a thing.

[edited out]

Instead of looking forward for more altcoins, why not totally erase the thoughts of trying to invest on it again especially those shittiest among them all like meme coin which is currently a hot topic by some people.

All shitcoins are shitty so why try to proclaim that there are some that are less shitty than others?  Those kinds of ideas that some shitcoins are less shitty remains irrelevant to this thread (and other bitcoin threads), and maybe take any thoughts about some shticoins potentially being less shitty than other shitcoins to another thread..

[Felicity_Tide]

When we are in a bitcoin thread and the topic is bitcoin, then for all practical purposes, everything that is not bitcoin is a shitcoin.

Sure you might believe some shitcoins are better than others, but we are in a bitcoin thread, so your attempts to argue about which shitcoins might be less shitty is irrelevant...

So for all practical purposes shitcoin and altcoin means the same thing - especially when we are in a bitcoin thread..

Very valid. Altcoin discussion should never have a place in this thread, as we encourage Bitcoin buying and selling. I think avoiding such discussion is best for me, while I have always encouraged the buying of Bitcoin because that's what I do personally.

I personally don't encourage the buying of altcoin of any kind, due to their high level of centralization.

[laijsica]

When we are in a bitcoin thread and the topic is bitcoin, then for all practical purposes, everything that is not bitcoin is a shitcoin.

Sure you might believe some shitcoins are better than others, but we are in a bitcoin thread, so your attempts to argue about which shitcoins might be less shitty is irrelevant...

So for all practical purposes shitcoin and altcoin means the same thing - especially when we are in a bitcoin thread..

Very valid. Altcoin discussion should never have a place in this thread, as we encourage Bitcoin buying and selling. I think avoiding such discussion is best for me, while I have always encouraged the buying of Bitcoin because that's what I do personally.

I try to avoid controversies at all times which may be my habit even. The mention of shitcoins may come out of context but everyone should prioritize bitcoin more because that's where the thread is dedicated to bitcoin. You must give true and timely idea about any currency not as a negative so that the investors do not bear excessive risk and choose the right currency. If you prefer or want to invest in any other currency, there is a separate thread for that, which is definitely for expressing independent opinions. Bitcoin is the best from various points of view which could not even come close to the value and investment limits of other coins new or old so you should choose the best one so that you don't have to suffer financially. If you think so buy buy buy or sell sell sell.

[GIF-JOBS]

When we are in a bitcoin thread and the topic is bitcoin, then for all practical purposes, everything that is not bitcoin is a shitcoin.

Sure you might believe some shitcoins are better than others, but we are in a bitcoin thread, so your attempts to argue about which shitcoins might be less shitty is irrelevant...

So for all practical purposes shitcoin and altcoin means the same thing - especially when we are in a bitcoin thread..

Very valid. Altcoin discussion should never have a place in this thread, as we encourage Bitcoin buying and selling. I think avoiding such discussion is best for me, while I have always encouraged the buying of Bitcoin because that's what I do personally.

I personally don't encourage the buying of altcoin of any kind, due to their high level of centralization.

Yes when we are on a bitcoin thread we need to keep our art coin talks away. Because when we are in Bitcoin thread, we can only highlight Bitcoin's own characteristics and importance, it is better to stay away from discussing any other Alt Coins or Seat Coins. I completely agree with JayJuanGee brother, of course Sitcoin and Altcoin are the same thing for all practical purposes. If anyone wants to talk about other coins, they have their own threads about those coins you can go there and express your opinion independently, but please refrain from discussing other coins in the Bitcoin thread. When you are in Bitcoin Thread you only need to discuss Bitcoin. Personally I always try to stay away from Alt coins or seat coins. I am trying to attract myself to bitcoin as much as possible. Bitcoin from all other coins is the best and less risky in every case. So always try to invest in the right place so that the risk is much less than other coins, and that is Bitcoin. So attract yourself to Bitcoin and stay away from fake coins.

[fullhdpixel]

The only altcoin that do not have the chances of loosing value are mostly some of the top altcoins we already have in the market. Anything more than those, get to be under probability while investing, that doesn't keep the investor at peace because he never knows if the altcoin could worth more while holding or reduce to a point where even recovering back the invested amount is impossible. Bitcoin offers this comfort, no matter the price reduction, there will definitely be a good bull run and profits is made.

Profits do not only depend on the kind of strategy used, DCA or not as long we buy and hold Bitcoin, we must make profits by the end.

You already said that BTC can experience a price reduction, so therefore don't say that alts doesn't have the chance of losing their value. Even though they are only alts, they are still part of a crypto market and we know that this market is so volatile. So even if we picked up the top coins, there will still be a little stress that we can feel.

It's normal though and there are still practices to reduce or even prevent them from occurring. So as long as we gained an experience, things are going to be easy eventually. Bull run is for all and not just for Bitcoin, this is why it's also not wrong to invest on other coins or make a diversification, only if we want to pump our profit potential.

[Barikui1]

The only altcoin that do not have the chances of loosing value are mostly some of the top altcoins we already have in the market. Anything more than those, get to be under probability while investing, that doesn't keep the investor at peace because he never knows if the altcoin could worth more while holding or reduce to a point where even recovering back the invested amount is impossible. Bitcoin offers this comfort, no matter the price reduction, there will definitely be a good bull run and profits is made.

Profits do not only depend on the kind of strategy used, DCA or not as long we buy and hold Bitcoin, we must make profits by the end.

You already said that BTC can experience a price reduction, so therefore don't say that alts doesn't have the chance of losing their value. Even though they are only alts, they are still part of a crypto market and we know that this market is so volatile. So even if we picked up the top coins, there will still be a little stress that we can feel.

It's normal though and there are still practices to reduce or even prevent them from occurring. So as long as we gained an experience, things are going to be easy eventually. Bull run is for all and not just for Bitcoin, this is why it's also not wrong to invest on other coins or make a diversification, only if we want to pump our profit potential.

This statement you made here, I mean the statement I made bold really baffles me that most folks here aren't learning, or do you prefer learning the hard way? Fine it's ok if you want to follow that destructive part of investing in alt and shit coin, but try not to lure newbies investors into investing in shit coin or alt coin all in the name of diversification, and judging by your statement, you are only talking of potential profit, without even talking of the disadvantage of investing in shit coin, and how they fell more than they rise, so it's best you gamble alone in shit coin, and stop misinforming newbies investors by your statement.

Lastly, in the world of cryptocurrency, their is no diversification, because Bitcoin is second to none, it has no substitute, their is no other coin that is as trustworthy as Bitcoin, so it baffles me when you are suggesting to newbies investors that they should diversify their investment, when we all know that alt and shit coin falls more than they rise, and it's just one of those measures developer of these coin use  in milking investors of their hard earned money, so my brother if you wish to gamble with your hard earned money, try not to lure others with you.

[SOKO-DEKE]

The only altcoin that do not have the chances of loosing value are mostly some of the top altcoins we already have in the market. Anything more than those, get to be under probability while investing, that doesn't keep the investor at peace because he never knows if the altcoin could worth more while holding or reduce to a point where even recovering back the invested amount is impossible. Bitcoin offers this comfort, no matter the price reduction, there will definitely be a good bull run and profits is made.

As you have said, there may be some good altcoins, but as for me, I don't believe in them. I have seen different altcoins that have made a good name for themselves as coins worth investing in because of their years spent in the crypto industry. But where are they today? They became lie coins.So, as for me, I don't really believe in all these altcoins, and I will never advise anyone to invest in any type of altcoin. I feel they are all heading in the same direction, it's just a matter of time before they start messing up.

From my observation, some people who invest in these altcoins are usually those who are eager to make it quickly in the crypto industry, not realizing that they are putting themselves at high risk. As for me, it is better to take less risk and expect gradual profit from Bitcoin. I know that if I hold it for a long period of time, it will eventually bring me more profit.

[Reredmi896]

The only altcoin that do not have the chances of loosing value are mostly some of the top altcoins we already have in the market. Anything more than those, get to be under probability while investing, that doesn't keep the investor at peace because he never knows if the altcoin could worth more while holding or reduce to a point where even recovering back the invested amount is impossible. Bitcoin offers this comfort, no matter the price reduction, there will definitely be a good bull run and profits is made.

Profits do not only depend on the kind of strategy used, DCA or not as long we buy and hold Bitcoin, we must make profits by the end.

You already said that BTC can experience a price reduction, so therefore don't say that alts doesn't have the chance of losing their value. Even though they are only alts, they are still part of a crypto market and we know that this market is so volatile. So even if we picked up the top coins, there will still be a little stress that we can feel.

It's normal though and there are still practices to reduce or even prevent them from occurring. So as long as we gained an experience, things are going to be easy eventually. Bull run is for all and not just for Bitcoin, this is why it's also not wrong to invest on other coins or make a diversification, only if we want to pump our profit potential.

As a beginner, it is better not to diversify, this will increase the financial burden and cannot control spending, in my opinion, it is enough to focus on one investment that will be run such as BTC which has clear fundamentals, what's more with long-term investment options, alt coins can be profitable but the risks given are much higher, so it would be better to focus on one goal, namely bitcoin and maximize that goal,

[Sim_card]

The only altcoin that do not have the chances of loosing value are mostly some of the top altcoins we already have in the market. Anything more than those, get to be under probability while investing, that doesn't keep the investor at peace because he never knows if the altcoin could worth more while holding or reduce to a point where even recovering back the invested amount is impossible. Bitcoin offers this comfort, no matter the price reduction, there will definitely be a good bull run and profits is made.

Profits do not only depend on the kind of strategy used, DCA or not as long we buy and hold Bitcoin, we must make profits by the end.

You already said that BTC can experience a price reduction, so therefore don't say that alts doesn't have the chance of losing their value. Even though they are only alts, they are still part of a crypto market and we know that this market is so volatile. So even if we picked up the top coins, there will still be a little stress that we can feel.

It's normal though and there are still practices to reduce or even prevent them from occurring. So as long as we gained an experience, things are going to be easy eventually. Bull run is for all and not just for Bitcoin, this is why it's also not wrong to invest on other coins or make a diversification, only if we want to pump our profit potential.

It is better to invest only in bitcoin as a newbie and don't think of diversifying because that will be a distraction for you to concentrate on building your bitcoin portfolio using DCA method regularly since your attention will be divided. There is a say that you cannot serve two masters at the same time, for this reason a new investor just need to focus on buying and building his bitcoin portfolio overtime with his ongoing, consistent and persistent DCA.

An investor who feels that he has accumulated more than enough of bitcoin as he wanted can choose to channel his resources into another kind of investment which is not in line with cryptocurrency maybe bonds, stocks and cash equivalent properties to enable him not depend on only one investment should incase it did not work out as expected.

What makes you feel that it is good to diversify into altcoins and you think is the best, that is not true because it is not all altcoins that will survive to see the bull run like you said and is the reason why you chose to invest in them. Don't gamble but invest in bitcoin and hodli for a very long term and you will be glad you invested, don't do what will make you regret in the latter and curse the day you knew cryptocurrency.

[Kliss]

Bitcoin price dropped after reaching a new ATH and there was a continuous decline. What I did during that period,  I switched my DCA strategy from monthly to a weekly basis in the month of May and June. The strategy was of advantage to me especially when the price was experiencing decline on daily basis. This approach was very beneficial because my Bitcoin purchase increased due to weekly basis and I accumulated more in lower prices. I believed in the potential growth of Bitcoin and I'm trying to position my investment journey in the right track because the more you accumulate the better on potential returns could be when the bitcoin reaches higher price.

Bitcoin has proven to be resilience,  right now the price is $69k. There are some folks who got caught up with short term fluctuations, and might  have sold their bitcoin or reduced their consistency level of bitcoin accumulation when the price was on downturn. Those folks never believed in the resilience of bitcoin or their decision wete wrong , investors should always capitalise on the opportunities bitcoin offers either when the price is going up or down. Investing in Bitcoin is buying and accumulating good amount of bitcoin despite fluctuations. Selling shouldn't not be an issue, so long as we are for the long-term rather we should engage in critical thinking that will enhance our bitcoin investments.

[Moreno233]

Alternate cryptocurrency is a good investment but it must be in a reportable coins otherwise any shitcoin that doesn't possess the quality of can be easily a waste of investment such as newly listed tokens in the market, that is why many people prefer using their hard earned money to invest into bitcoin to secure their investment. We know that bitcoin is volatile but the volatility of altcoin can't be compared with bitcoin hence is possible of losing its value at any given time and anymore moments.

altcoins that lacks value has crippled many people so I believe that what we need to do is make sure that we watch well and know the life span of a particular we want to invest on so that after the investment it will not be wast of resource, is good to make proper research before you invest in cryptocurrency you wants to invest on, because I know very well that investing in altcoins is like some who is trying a luck, because sometimes they don't be nice as expected before investment.

Your statement is suggesting that there are altcoins that actually have value and this is where I disagree with you because such statement will arouse people's curiosity and make them to start thinking in the direction of altcoins. I will want to believe that majority of the altcoins as high as 95% of them are shitcoins which makes it just an unnecessary risk nursing the thought of investing in altcoins. Why will I take the risk of investing in asset where the odds is 95% against me when there is Bitcoin that is almost risk free when the plan is for long term?

With value or no value, altcoin is not an option and people should think more of Bitcoin than altcoins because altcoins are built on fake promises and nothing more. No wonder founders of these altcoins spend huge money marketing their worthless product forgetting that good thing like Bitcoin market itself. Altcoin is just a trap to take people.