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Author Topic: Bitcoin still remain my choice.  (Read 589 times)
Sticky Bomb
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March 08, 2025, 04:58:14 PM
 #41

Let me  just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.

Bitcoin over the years have proved profitability not just to large holders(whales)  but to small holders also. One of the reason I love bitcoin, you can actually invest at your own convenience and capacity and still make profits. But most holders aren't  patient enough to hold bitcoin for long, however they find themselves  making short term trade which is more risky and can also lead to drastic loses because of its high volatility, which is also the reason for the price increament. It's  safer to invest in bitcoin than diversifying your funds to some shitcoins which may not guarantee profit, or end up being normal as a shit project just as the name implies.
Long-term involvement remains the best if you're into Bitcoin, from the history of profitability, you can see clearly that those who held their investment from 7 to 10 years ago or more are in great profits compared to those who sold much of their holdings too soon.

Most people wished they've held for long, but they missed out. Investors needs to learn from the past mistakes made by earlier Bitcoin traders and keep holding into their investment for greater gains in the long-run.

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March 09, 2025, 09:44:50 AM
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 #42

Let me  just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.

Bitcoin over the years have proved profitability not just to large holders(whales)  but to small holders also. One of the reason I love bitcoin, you can actually invest at your own convenience and capacity and still make profits. But most holders aren't  patient enough to hold bitcoin for long, however they find themselves  making short term trade which is more risky and can also lead to drastic loses because of its high volatility, which is also the reason for the price increament. It's  safer to invest in bitcoin than diversifying your funds to some shitcoins which may not guarantee profit, or end up being normal as a shit project just as the name implies.
Long-term involvement remains the best if you're into Bitcoin, from the history of profitability, you can see clearly that those who held their investment from 7 to 10 years ago or more are in great profits compared to those who sold much of their holdings too soon.

Most people wished they've held for long, but they missed out. Investors needs to learn from the past mistakes made by earlier Bitcoin traders and keep holding into their investment for greater gains in the long-run.
The terms of Bitcoin say that it is a long-term investment, to invest in Bitcoin for a long time you must follow some rules and regulations. Yes, many people sell Bitcoin after a few days of investing in Bitcoin for a long time due to economic stress or market volatility. If you can create specific funds for each case, one for your daily running fund and one for any natural disaster and a long-term reserve fund that helps in saving Bitcoin. If you can plan your life cycle in this way, you can safely hold Bitcoin for 2 to 3 cycles.

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March 09, 2025, 10:52:55 AM
 #43

Let me  just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.
The safety of investing in Bitcoin ahead of any other coin isn't debatable because history  and market values have proven that there's no other safer crypto coin to invest in apart from Bitcoin. Bitcoin volatility is lower than any other coin in crypto market, the future values also shows that Bitcoin is a stronger investment option for any investor. Unless you're a crypto trader that prefers short term investments to long term, then you can be advised to study the market and invest in few altcoins than have a high future return value but if you're a long term investor, Bitcoin is not just the safest but also the most profitable coin you should invest in.
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March 09, 2025, 05:29:25 PM
 #44

bitcoin was designed to be use as currency in daily transactions.

Yes but due to the fact that it has not been adopted globally makes it difficult to transact with it as we normally use Fiats to to exchange with anything we need but in due time when bitcoin will gain full adoption, it will stand for its purpose as decentralized medium of transacting with one another. Though some countries like El Salvador that has made it a legal tender still uses it for daily transactions but it's literally and mostly for internal transactions within the country but if it gets approved by the US government as strategic reserve asset, countries can possibly use it for international transactions.
In as much we want Bitcoin to succeed, we have to put in mind that it is not possible to have the global adoption just like Fiat, one thing for sure in major centers as times goes on it will become a conversant currency for transaction. Bitcoin doesn't need a legal approval from the government, as long there is no ban every individual both in their business can adopt the use of Bitcoin as a measure of payment, that's how advanced the system is becoming.

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cxtreenal
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March 09, 2025, 06:54:41 PM
 #45

bitcoin was designed to be use as currency in daily transactions.

Yes but due to the fact that it has not been adopted globally makes it difficult to transact with it as we normally use Fiats to to exchange with anything we need but in due time when bitcoin will gain full adoption, it will stand for its purpose as decentralized medium of transacting with one another. Though some countries like El Salvador that has made it a legal tender still uses it for daily transactions but it's literally and mostly for internal transactions within the country but if it gets approved by the US government as strategic reserve asset, countries can possibly use it for international transactions.
In as much we want Bitcoin to succeed, we have to put in mind that it is not possible to have the global adoption just like Fiat, one thing for sure in major centers as times goes on it will become a conversant currency for transaction. Bitcoin doesn't need a legal approval from the government, as long there is no ban every individual both in their business can adopt the use of Bitcoin as a measure of payment, that's how advanced the system is becoming.
With popular currencies, states will be putt extra pressure on reserves future, making it more motivating for you to buy Bitcoin. Fiat is a state-owned financial system. States can impose control over it as they wish. Bitcoin decentralized system cannot be controlled by any individual or institution. The fact that it does not have excess circulation like fiat is increasing its acceptance. Many people are avoiding the distinction between Bitcoin and gold and are holding.

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March 15, 2025, 06:04:43 PM
 #46

Let me  just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.
Tell me what I don't know about Bitcoin @OP, because everything you have said is exactly the things we have seen in Bitcoin, you are correct these are the attributes of Bitcoin and I was expecting a speech that tells us how Bitcoin has remained your choice even though of its volatility nature at the end paragraph of this thread. However, you have made a pretty good observation and research on the history of Bitcoin as a newbie.
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March 15, 2025, 11:44:58 PM
 #47

The safety of investing in Bitcoin ahead of any other coin isn't debatable because history  and market values have proven that there's no other safer crypto coin to invest in apart from Bitcoin. Bitcoin volatility is lower than any other coin in crypto market, the future values also shows that Bitcoin is a stronger investment option for any investor. Unless you're a crypto trader that prefers short term investments to long term, then you can be advised to study the market and invest in few altcoins than have a high future return value but if you're a long term investor, Bitcoin is not just the safest but also the most profitable coin you should invest in.
Bitcoin is volatile just like every other coin and token out their infact its even more volatile than some Altcoins out their same way that some are also more volatile than Bitcoin, what makes it different is the fact that it can recover from every fall that it experience it have overcome a lot and have proven its self over the years which have made people to have trust on it, not like some other coins which if they fall today you can’t predict when next they will see green market again.

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March 15, 2025, 11:58:25 PM
 #48

The safety of investing in Bitcoin ahead of any other coin isn't debatable because history  and market values have proven that there's no other safer crypto coin to invest in apart from Bitcoin. Bitcoin volatility is lower than any other coin in crypto market, the future values also shows that Bitcoin is a stronger investment option for any investor. Unless you're a crypto trader that prefers short term investments to long term, then you can be advised to study the market and invest in few altcoins than have a high future return value but if you're a long term investor, Bitcoin is not just the safest but also the most profitable coin you should invest in.
Bitcoin is volatile just like every other coin and token out their infact its even more volatile than some Altcoins out their same way that some are also more volatile than Bitcoin, what makes it different is the fact that it can recover from every fall that it experience it have overcome a lot and have proven its self over the years which have made people to have trust on it, not like some other coins which if they fall today you can’t predict when next they will see green market again.

Bitcoin remain the choice for almost all crypto holders. Just that some people put their money on altcoin because of the huge profit they think they could achieve if the altcoin later do well.  Although Bitcoin price remain high and can't give you even 5x as some may expected but it much more better as their is always a chance to recover after great dip.

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March 16, 2025, 04:20:29 AM
 #49

Bitcoin is volatile just like every other coin and token out their infact its even more volatile than some Altcoins out their same way that some are also more volatile than Bitcoin, what makes it different is the fact that it can recover from every fall that it experience it have overcome a lot and have proven its self over the years which have made people to have trust on it, not like some other coins which if they fall today you can’t predict when next they will see green market again.
Bitcoin remain the choice for almost all crypto holders. Just that some people put their money on altcoin because of the huge profit they think they could achieve if the altcoin later do well.  Although Bitcoin price remain high and can't give you even 5x as some may expected but it much more better as their is always a chance to recover after great dip.
The reason why some people fall victim of rugpull is because of their desire to buy coins that can give them 5X and above in a short period of time and believe me their are lot of such project being promoted on the internet which most of them are just pump and dump token, it’s not as if bitcoin can make X5 but it will take years before we can reach that level because of the price we are already such height might be considered very expensive to be reached on a short period.

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March 16, 2025, 07:03:21 AM
 #50

The terms of Bitcoin say that it is a long-term investment, to invest in Bitcoin for a long time you must follow some rules and regulations. Yes, many people sell Bitcoin after a few days of investing in Bitcoin for a long time due to economic stress or market volatility. If you can create specific funds for each case, one for your daily running fund and one for any natural disaster and a long-term reserve fund that helps in saving Bitcoin. If you can plan your life cycle in this way, you can safely hold Bitcoin for 2 to 3 cycles.

In the case of long-term holding or Bitcoin investment, the most important thing is basic knowledge about Bitcoin and a stable income. If you do not have a stable source of income, you may withdraw from the investment after a few days. By adopting the DCA method, you can buy or deposit Bitcoin continuously. And always try to keep the investment period to 3 to 4 circles. Because the risk in long-term investment is much less than in short-term investment. And short-term investors become restless after seeing the market volatility and they sell their invested money even if they lose. In the case of long-term investment, you do not have to worry about market volatility. Buy Bitcoin continuously and when you feel that you have deposited enough Bitcoin, then wait until your time limit ends.

As soon as you invest or purchase Bitcoin, you need to create an emergency fund or a reserve fund. Because you will be investing for the long term, you need to create an emergency fund, a reserve fund, to deal with unexpected disasters. So that you do not have to sell your invested money during a financial crisis.

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March 16, 2025, 07:41:27 AM
 #51

I agree with your conclusion that bitcoin has the highest adoption scalabilities in the crypto space.
We can get this traced by their historical performances, future promises practically their potentials.
In a clear virtue, the quality that has made bitcoin standout against other coins is it capabilities to perform valuable growths for users utilities and also it enhancements financial securities and sticking to the the basic interests of decentralizations making the crypto blockchains unique and more convenient for users when compared with the centralized economy commodities.
Here're certain evaluations that scaled bitcoin ahead other coins;
1, The infrastructure of growth potentials.
2, Network enhancement indicates adoption attractions.
3, Resistance of censorship and centralizations.
4, Induction of layer 2 solution on it blockchain network.

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March 16, 2025, 08:34:30 AM
 #52

Let me  just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.
Tell me what I don't know about Bitcoin @OP, because everything you have said is exactly the things we have seen in Bitcoin, you are correct these are the attributes of Bitcoin and I was expecting a speech that tells us how Bitcoin has remained your choice even though of its volatility nature at the end paragraph of this thread. However, you have made a pretty good observation and research on the history of Bitcoin as a newbie.
For someone who was once a newbie, I totally understand the excitement of learning new things about Bitcoin and running to the forum to share them without considering the fact that what you just learnt is already known by over 90% of members here. The OP obviously didn't know about these things but maybe later got to know them and instead of telling us why Bitcoin still remain his choice, he/she decided to tell us about the basic introduction of Bitcoin.

I commend his courage to put up something like this but OP, of you're seeing this, I'll strongly advise that you use the search button to search for topics you intend to create here so you don't repeat already discussed topics.
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March 16, 2025, 10:50:57 AM
 #53

~
All the people quick to claim that Bitcoin remains their number one choice will not decline or turn away from an opportunity to invest in any new token or altcoin that has the hype of many people. People claim love for bitcoins, but sometimes e dey be me like say na for only mouth people get this love. Bitcoin na the best for the now, but man still keep e mind open for new opportunities wey fit come from other sectors. Crytocurrency na wide place, as far as bitcoin dey trusted, nor be the only opportunity wey dey inside.
Guy you just finish work with this cappins, no be lie. Because with how people the talk about how bitcoin be the surest plug for cryptocurrency investment we still the hear say people the get nuked by some of these pump and dump projects. So nah which people actually the buy into these wrong projects nah if we all the sing this good songs about bitcoin?

See this $trump token wey ruin plenty investors their funds, I still believe say plenty bitcoin investors gat pull out their portfolio or part of it to use am go invest for that $trump token wey later dump on them. People just want get rich quick even though they know the risk involved the human greed in us no just fit allow us not to take the risk therein.
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March 16, 2025, 01:28:10 PM
 #54

All the people quick to claim that Bitcoin remains their number one choice will not decline or turn away from an opportunity to invest in any new token or altcoin that has the hype of many people. People claim love for bitcoins, but sometimes e dey be me like say na for only mouth people get this love. Bitcoin na the best for the now, but man still keep e mind open for new opportunities wey fit come from other sectors. Crytocurrency na wide place, as far as bitcoin dey trusted, nor be the only opportunity wey dey inside.
Guy you just finish work with this cappins, no be lie. Because with how people the talk about how bitcoin be the surest plug for cryptocurrency investment we still the hear say people the get nuked by some of these pump and dump projects. So nah which people actually the buy into these wrong projects nah if we all the sing this good songs about bitcoin?

See this $trump token wey ruin plenty investors their funds, I still believe say plenty bitcoin investors gat pull out their portfolio or part of it to use am go invest for that $trump token wey later dump on them. People just want get rich quick even though they know the risk involved the human greed in us no just fit allow us not to take the risk therein.

You dey forget say people get choice to make, the fact say you dey hear news hear and there about how people lose for pump and dump no mean say eh no get people wet dey hold bitcoin omo no reason am oo for the crypto space them gey ignorant people, newbies wey get idea but no too understand and also knowledgeable peope wey dey greedy na those greedy ones pain me pass cause dey go know say a particular coin na pump and dump but go still carry heavy money go invest inside. Some go even go to the extend of Selling their bitcoin to invest on shitcoins all those na wrong stuffs. If person wan invest in Shitcoin you no suppose carry heavy money put inside or even hold am fir long, once you make profits take am immediately. However Bitcoin still remain the best choice of investment and anybody wey still doubt am, na their choice to invest in others wey dem feel say go give them much profits.
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March 16, 2025, 02:38:31 PM
Merited by Btcdeybodi (1)
 #55

Let me  just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.
I don't know what to make of this post but the truth is that Bitcoin is the pioneer cryptocurrency and have remained an upward trend with minor corrections once in a while. Volatility is not only reserved for Bitcoin because everything that has buying and selling is volatile because of speculators. If you think Bitcoin is volatile, that is because you have not tried trading some memcoins that can move thousands of pips within an hour and God help you if you find yourself in the wrong side of the market.

There is no hidden facts beyond your analysis by odohu stating the nature and character of meme coin, altcoin in the market the volatile is a general characteristics to every market that demand and supply can impact on mostly when prediction is inevitable. Bitcoin has stand a better chance of always recovery even when the down trend seem unbearable for beginners who never understand the nature of the system because most complain about the volatile nature is mostly debate by newbies who experience and knowledge has not deeply understand how it works.
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April 01, 2025, 11:40:56 PM
 #56

Bitcoin is volatile just like every other coin and token out their infact its even more volatile than some Altcoins out their same way that some are also more volatile than Bitcoin, what makes it different is the fact that it can recover from every fall that it experience it have overcome a lot and have proven its self over the years which have made people to have trust on it, not like some other coins which if they fall today you can’t predict when next they will see green market again.
Bitcoin remain the choice for almost all crypto holders. Just that some people put their money on altcoin because of the huge profit they think they could achieve if the altcoin later do well.  Although Bitcoin price remain high and can't give you even 5x as some may expected but it much more better as their is always a chance to recover after great dip.
The reason why some people fall victim of rugpull is because of their desire to buy coins that can give them 5X and above in a short period of time and believe me their are lot of such project being promoted on the internet which most of them are just pump and dump token, it’s not as if bitcoin can make X5 but it will take years before we can reach that level because of the price we are already such height might be considered very expensive to be reached on a short period.

They run after coin that they think will do 5x in a short period of time but end up losing their money. It is far better to invest and wait for some year than losing money on fake projects. This days projects are over-hyped to trap newbies so they can invest.

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April 02, 2025, 08:33:51 AM
 #57

Bitcoin is volatile just like every other coin and token out their infact its even more volatile than some Altcoins out their same way that some are also more volatile than Bitcoin, what makes it different is the fact that it can recover from every fall that it experience it have overcome a lot and have proven its self over the years which have made people to have trust on it, not like some other coins which if they fall today you can’t predict when next they will see green market again.
Bitcoin remain the choice for almost all crypto holders. Just that some people put their money on altcoin because of the huge profit they think they could achieve if the altcoin later do well.  Although Bitcoin price remain high and can't give you even 5x as some may expected but it much more better as their is always a chance to recover after great dip.
The reason why some people fall victim of rugpull is because of their desire to buy coins that can give them 5X and above in a short period of time and believe me their are lot of such project being promoted on the internet which most of them are just pump and dump token, it’s not as if bitcoin can make X5 but it will take years before we can reach that level because of the price we are already such height might be considered very expensive to be reached on a short period.

They run after coin that they think will do 5x in a short period of time but end up losing their money. It is far better to invest and wait for some year than losing money on fake projects. This days projects are over-hyped to trap newbies so they can invest.

Many people invest in Mim Coin or Sitcoin. The reason is that when all these coins are launched in the market, we all see that in one day the price has increased by 100 times to 200 times. Many people invest in Sitcoin or Mim Coin after seeing the increase in price. But in a few days they lose all their money. Because all these coins have no value (undefined market).

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April 02, 2025, 03:57:37 PM
 #58

Bitcoin is volatile just like every other coin and token out their infact its even more volatile than some Altcoins out their same way that some are also more volatile than Bitcoin, what makes it different is the fact that it can recover from every fall that it experience it have overcome a lot and have proven its self over the years which have made people to have trust on it, not like some other coins which if they fall today you can’t predict when next they will see green market again.
Bitcoin remain the choice for almost all crypto holders. Just that some people put their money on altcoin because of the huge profit they think they could achieve if the altcoin later do well.  Although Bitcoin price remain high and can't give you even 5x as some may expected but it much more better as their is always a chance to recover after great dip.
The reason why some people fall victim of rugpull is because of their desire to buy coins that can give them 5X and above in a short period of time and believe me their are lot of such project being promoted on the internet which most of them are just pump and dump token, it’s not as if bitcoin can make X5 but it will take years before we can reach that level because of the price we are already such height might be considered very expensive to be reached on a short period.

They run after coin that they think will do 5x in a short period of time but end up losing their money. It is far better to invest and wait for some year than losing money on fake projects. This days projects are over-hyped to trap newbies so they can invest.

Many people invest in Mim Coin or Sitcoin. The reason is that when all these coins are launched in the market, we all see that in one day the price has increased by 100 times to 200 times. Many people invest in Sitcoin or Mim Coin after seeing the increase in price. But in a few days they lose all their money. Because all these coins have no value (undefined market).
This is how shitcoins lure new investors. To buy more and take away capital. Over time, they lose a lot of money before they develop the ability to understand the mistakes of those investors and eventually lose a huge amount of money. There are many examples of people who have lost their money in shitcoins due to the greed for high profits and regretted their actions.

What you should focus on in your market analysis is to choose the best coins with a volatile market that you have high confidence in and save an amount that is part of your discretionary income. It is also recommended for investors to start with small amounts and gradually accumulate more aggressively as they gain experience. I recommend you to accumulation Bitcoin. Reliable investments are more positive than uncertain markets.

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April 03, 2025, 06:38:57 PM
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Let me  just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.
The coin has show reliability in its potentials so definitely it will be an investors first choice, if you look at its past performance you will understand that it has no plans of going against the present trend, over the years bitcoin has been in an up trend but so has gold also, but why do people still choose to invest in bitcoin over gold, its because bitcoin has shown consistency in its productivity and is more easy in terms of prediction, although investing in bitcoin is more financially accessible than gold that could be a reason also. but nevertheless bitcoin has shown dominance over other stocks and coins in terms of reliability so definitely bitcoin will surely be my first choice.

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April 04, 2025, 05:16:02 PM
Merited by CryptopreneurBrainboss (2)
 #60

Let me  just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.
The coin has show reliability in its potentials so definitely it will be an investors first choice, if you look at its past performance you will understand that it has no plans of going against the present trend, over the years bitcoin has been in an up trend but so has gold also, but why do people still choose to invest in bitcoin over gold, its because bitcoin has shown consistency in its productivity and is more easy in terms of prediction, although investing in bitcoin is more financially accessible than gold that could be a reason also. but nevertheless bitcoin has shown dominance over other stocks and coins in terms of reliability so definitely bitcoin will surely be my first choice.

When something becomes too good it has no hidden place anymore, causing the rapid wider spread adoption, the inclination about digital investment simplicity, Bitcoin has it all covered, most ignorant people who fails to recognize the true potentials of Bitcoin are those who are unwilling to learn new things, yeah there are those who are tied on an old technology rather than trying new ones even when the opportunity is at there door steps. However let the testimony keep speaking for itself as many will realize and regret on the later on, for me Bitcoin is still my best.

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