You may lose hope in other cryptocurrencies but not in bitcoin.

[xzone]

Bitcoin is the most active cryptocurrency right now in the world, when i would have lost hope on bitcoin was years ago not now, bitcoin has beaten down its critics.
Right now no cryptocurrency is more volatile than bitcoin. Looking back to when bitcoin was born no one ever thought it will ever reach this height

I think in a few years we will reach our real target and we will be talking about million dollars. People who have a few million dollars invested now will become billionaires, it will become the biggest financial system in the world and everything we know in the economy will change.
We have to be prepared for all of that, bitcoin will always be promising

[BitBakerr1]

Bitcoin is a great crypto coin and through out this year's it has been trust worthy and investing in Bitcoin is really a good one, for me the reason I trust, invest and believe so much in Bitcoin is not because is the first or oldest crypto coin to exist but because of it progress and decentralized nature and I also believe this decentralized nature has made a lot of people invest in Bitcoin.
There was a time when Bitcoin was just $1 and now is $100k meaning that Bitcoin is something or asset that can be trusted, those who have been accumulating and investing in Bitcoin for 6 now with consistency are enjoying it now, there are people who rejected to invest in Bitcoin when Bitcoin was just $1k and today they are regretting seriously.

[Judith87403]

Bitcoin is the best among all the crypto currencies in the market, and also bitcoin is the most profitable coin in the long run aside from bitcoin I have never seen any other crypto currencies that can be held for long term investment. And yes, if not for bitcoin investment I don't think if  this crypto market would have gain this population, if the total number of people in this crypto space is 100 I'm pretty sure that almost 90% are only interested in bitcoin investment because that's the only investment that is less risky with zero stress, I can't imagine how this crypto space would look like without bitcoin in it, alot of people would have dive into other business/ investment instead of taking unnecessary risk by investing in this shitcoin and meme coin.

[BALIK]

Bitcoin is the most active cryptocurrency right now in the world, when i would have lost hope on bitcoin was years ago not now, bitcoin has beaten down its critics.
Right now no cryptocurrency is more volatile than bitcoin. Looking back to when bitcoin was born no one ever thought it will ever reach this height

I think in a few years we will reach our real target and we will be talking about million dollars. People who have a few million dollars invested now will become billionaires, it will become the biggest financial system in the world and everything we know in the economy will change.
We have to be prepared for all of that, bitcoin will always be promising

I know bitcoin has huge potential but I don't think it can change anything in the economy or become the biggest financial system in the world. Bitcoin is still Bitcoin, it is just an investment and there will be people who need it or don't need it because it is not the only asset or investment in this world.
The financial system or economy will still be the same, banking and fiat money will still be the backbone of our economy.

Also, I don't believe it can reach millions of dollars and people who invest in it will become billionaires. The days of getting rich quick with bitcoin are over, bitcoin can no longer bring 10x or 100x returns like before.

[betswift]

I think in a few years we will reach our real target and we will be talking about million dollars. People who have a few million dollars invested now will become billionaires, it will become the biggest financial system in the world and everything we know in the economy will change.
We have to be prepared for all of that, bitcoin will always be promising

Too optimistic, but sure - nobody can disregard simple optimism, especially on BTC chart.

[bounceback]

I know bitcoin has huge potential but I don't think it can change anything in the economy or become the biggest financial system in the world. Bitcoin is still Bitcoin, it is just an investment and there will be people who need it or don't need it because it is not the only asset or investment in this world.
The financial system or economy will still be the same, banking and fiat money will still be the backbone of our economy.

Also, I don't believe it can reach millions of dollars and people who invest in it will become billionaires. The days of getting rich quick with bitcoin are over, bitcoin can no longer bring 10x or 100x returns like before.

I will not say it is impossible to get x10 profit with bitcoin, indeed getting rich with bitcoin is very difficult for us to get now but that does not mean that it is over for long-term investors because it is likely that the price of bitcoin will continue to grow in the future, the Crypto market has been different from before because indirectly the Crypto market has now followed the global economy so that when the global economy is chaotic it will often also result in a decrease in the price of bitcoin unlike before where if the global economy was in chaos it did not have a big effect on the price of bitcoin but instead would make the price of bitcoin continue to increase as we saw in the Covid-19 era in 2021 and the average investor at that time was able to get a return of x10 or even more than that.

[betswift]

I will not say it is impossible to get x10 profit with bitcoin, indeed getting rich with bitcoin is very difficult for us to get now but that does not mean that it is over for long-term investors because it is likely that the price of bitcoin will continue to grow in the future, the Crypto market has been different from before because indirectly the Crypto market has now followed the global economy so that when the global economy is chaotic it will often also result in a decrease in the price of bitcoin unlike before where if the global economy was in chaos it did not have a big effect on the price of bitcoin but instead would make the price of bitcoin continue to increase as we saw in the Covid-19 era in 2021 and the average investor at that time was able to get a return of x10 or even more than that.

All depends on where you enter and where you exit.

If you can withstand the test of time and steady accumulation - you win either way.
 
Maybe not 10x, but hey, 5x or so is as good as it can be for a stable way of things..

[JoyMarsha]

For someone who understands the market, they will hardly lose hope in Bitcoin. For those who understand the market, they will easily give up on Bitcoin because of the volatility.

I have heard of newbies giving up on Bitcoin on several occasions due to their expectations being let down, from what they were being told about Bitcoin from people who introduced them to Bitcoin investment, that Bitcoin would give them quick gains. They end up seeing nothing of such, but rather a loss of investment they see.

Many newbies always feel disappointed with such when they invest with intention of profits within a short time, it losses they get. Having the mind to get hodling is what most of them feel hard to do because they didn't prepare for such occurrence to happen in their Bitcoin investment.

[leonair]

I was thinking about cryptocurrencies this morning and I discovered the first cryptocurrency which is bitcoin be the king among other cryptocurrencies,  when you hodl bitcoin for long periods or short period of time, there is a hope of favour either small or big when you are about to sell, Some people have lose hope on some cryptocurrencies based on what they have experienced from them, that made them to lose hope in earning income from them, but it will be difficult to see people losing hope in bitcoin hodling because it always keep increasing in every bull season that appear which this season is an evidence of what bitcoin will display to be the king among other cryptocurrencies. I will not lose hope in hodling bitcoin because it will always going to increase higher and higher in the future, hope you will not loose hope in hodling bitcoin?

It is normal to get disappointed with other crypto coins because there are thousands of coins in the market where many coins are scams. However, Bitcoin is the only coin that even if the price of the coin is seen to fall a lot, it recovers very quickly and Bitcoin controls the entire crypto market. Bitcoin always follows a circle due to which it can be trusted very easily and even a new investor can easily track the movement of Bitcoin by looking at the past graph. So I agree with you that even if someone gets disappointed with other crypto coins, no one gets disappointed with Bitcoin. Bitcoin never disappoints anyone if he/she believes in Bitcoin and makes a long-term investment.

[madnessteat]

Cryptocurrencies perhaps altcoins and shitcoin are the ones you can get tired of, not Bitcoin. In the whole of any Crypto investment, Bitcoin is the most solid kind to capitalize on, the fear of investing with hard earned sources while the cryptocurrencies are difficult to predict their success often scares away investors. Bitcoin has been profitable, historical table can be drawn on how far the progress of Bitcoin has been, since Bitcoin started evolving into more hands the price has significantly gone up, so it's difficult to presume that in coming years the price won't follow same pattern.

One thing to make clear, whatever you get from any investment, be it altcoins or Bitcoins you don't regard it as income, you make profits out of investment and income from your service rendered. What you get from your income is what you use to invest inside Bitcoin.

People are actually seeing the difference now and take much of the part in Bitcoin than any other coins, honestly the good news about Bitcoin is pretty much on the increasing side even most movies I watch this days people only make references to other coins and still properly recognize the fact that Bitcoin is the best of all with higher possibilities of return over time which is a clear understanding that even while anyone can take part in other coins they should have it in mind that Bitcoin has no competition such that values to be placed in Bitcoin should be much more than that of the one in any other coins because Bitcoin is less risky compared to them all.

If Bitcoin had no competitors, we would not see the emergence of new blockchains with higher network characteristics, such as transaction speed and minimal fees. Blockchain technology is constantly evolving, and it is difficult to say when exactly a competitor to Bitcoin will emerge that will be more interesting to cryptocurrency enthusiasts and investors, but it will clearly happen at some point, as has been the case with other technologies that have become obsolete. We live in very interesting times, and it is not worth missing the opportunity to earn money on Bitcoin and other cryptocurrencies, regardless of what lies ahead.

[EluguHcman]

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Believers of Bitcoin are not different from us in the forum, we have advocated for Bitcoin both inside and outside Bitcointalk, and it is enough reason to have shown how much we trust Bitcoin with our investment.

Still not enough. We come so far in advocating for Bitcoins wide spread because we have tested it and it is worth trusted after much it potential advocates as stipulated on the white paper was never false or hidden behind back which means it Blockchain had been reliable.

Other cryptocurrencies are second options and can never become the first, most of them are correlated with the Bitcoin market, whatever pumps Bitcoin extends to them.

Worse of it is that I have been hearing about Slt coins season but I have not withnessed one before instead the Alt coin markets has been driven based on Bitcoin market directions. Though the Alt markets still drives some significant influences on hypes and manipulations without the impact of Bitcoin.

Typically, for every investor making the right investment choice should first include Bitcoin in planning. A real enthusiasts understand the stages of Bitcoin cycle and its volatile nature, not enough to change the way they see Bitcoin.

I may doubt this one because I am aware of few Investors who basically focus their investment on the Alt coins without holding a single value on Bitcoin. Although I would not say it is advisable to be emulated because the best approach in investing in the crypto market is diversification between Bitcoin and the Alt coins.

A quick reminder to those beginners who are fond of buying new coins, the Alt market is competitive and difficult to identify coins with positive potentials.
So for the sake of the unknown, it is better to hold your primary investment on Bitcoin while other cryptocurrencies remains an alternative source for you.

[hero_the_bossman]

If Bitcoin had no competitors, we would not see the emergence of new blockchains with higher network characteristics, such as transaction speed and minimal fees. Blockchain technology is constantly evolving, and it is difficult to say when exactly a competitor to Bitcoin will emerge that will be more interesting to cryptocurrency enthusiasts and investors, but it will clearly happen at some point, as has been the case with other technologies that have become obsolete. We live in very interesting times, and it is not worth missing the opportunity to earn money on Bitcoin and other cryptocurrencies, regardless of what lies ahead.

Yep.

Then we would talk about why we should trust this X technology when we have BTC, just as we talk about BTC and fiat now.

[Alpha Marine]

There are many altcoins in the market, they are very good, though the owners of the big companies are very little trusting in Altcoin. However, there are many coins to invest instead of Bitcoin. If the market can be well monitored, it is possible to find many good coins.

I can't advise anybody to invest long-term in any altcoin. Time and again, I've been proven right in this. If anybody wants to take a risk in altcoins, it should be short-term nd take profit immediately they can.
If you look at the top 10 altcoins, if I'm not mistaken, only Solana has passed its previous ATH recently. People who bought Ethereum when it was $3500 are still waiting to get their capital at least back, not to mention making a profit, that's if they can wait that long. Most would have sold at a loss and cut their losses. People who took profit at $4500 are the winners in Ethereum.

There may be good altcoins out there, but I've not seen one that is as good as a long-term investment. Invest short term, if you know what you're doing, take profit and move.

[hero_the_bossman]

There are many altcoins in the market, they are very good, though the owners of the big companies are very little trusting in Altcoin. However, there are many coins to invest instead of Bitcoin. If the market can be well monitored, it is possible to find many good coins.

I can't advise anybody to invest long-term in any altcoin. Time and again, I've been proven right in this. If anybody wants to take a risk in altcoins, it should be short-term nd take profit immediately they can.
If you look at the top 10 altcoins, if I'm not mistaken, only Solana has passed its previous ATH recently. People who bought Ethereum when it was $3500 are still waiting to get their capital at least back, not to mention making a profit, that's if they can wait that long. Most would have sold at a loss and cut their losses. People who took profit at $4500 are the winners in Ethereum.

There may be good altcoins out there, but I've not seen one that is as good as a long-term investment. Invest short term, if you know what you're doing, take profit and move.

Do you think BTC will reach a new ATH on its chart in the coming months?

If this happens and it's the last one - attention of the investors will turn to said alts.

If not - then, yeah, more time is needed for them to get to their new heights.

That's my opinion on it, of course.

[Alpha Marine]

Do you think BTC will reach a new ATH on its chart in the coming months?

If this happens and it's the last one - attention of the investors will turn to said alts.

If not - then, yeah, more time is needed for them to get to their new heights.

That's my opinion on it, of course.

BTC has gotten to a couple of different ATHs from its ATH of $69k in 2021, from the last quarter of last year till now. From that December last year till now, only Solana and BNB have broken new ATHs. What's funnier is that both these coins have currently fallen below that ATH currently and are struggling to catch up again, while bitcoin has been reaching new ATHs in the past 6 months.

For your question, Bitcoin is about 3k away from getting a new ATH. Currently, it might either go down or up. From my observation, it will go down because 109k seems like a resistance, but if it does go up, we might be seeing a new ATH in the next couple of weeks, yet I doubt those altcoins will reach a new ATH.

[Su-asa]

It is normal to get disappointed with other crypto coins because there are thousands of coins in the market where many coins are scams. However, Bitcoin is the only coin that even if the price of the coin is seen to fall a lot, it recovers very quickly and Bitcoin controls the entire crypto market. Bitcoin always follows a circle due to which it can be trusted very easily and even a new investor can easily track the movement of Bitcoin by looking at the past graph. So I agree with you that even if someone gets disappointed with other crypto coins, no one gets disappointed with Bitcoin. Bitcoin never disappoints anyone if he/she believes in Bitcoin and makes a long-term investment.

Only someone that do not have patients will sell their coin because of the fear of losses. Even though Bitcoin depreciate, it will skyrocket again in no distance time. However people that sell when the market is low are short term investors, a long term investor will not always keep an eye on the market, they might only do so when they want to buy and after then they forget about the market, may be ones awhile they chack but they don't get panicked to sell when market is low.

[ancafe]

I will not lose hope in hodling bitcoin because it will always going to increase higher and higher in the future, hope you will not loose hope in hodling bitcoin?

A person who loses hope usually does not have a target in life and maybe most people find a solution for the investment achievements that are carried out in bitcoin. Everyone has the same hope in bitcoin but what makes the difference is the level of consistency in collecting even though it is sometimes limited to the capital owned. Bitcoin can be purchased in any amount so that everyone can take part to start and sometimes we don't find this in other investments because it requires large capital.

The price of bitcoin continues to increase from time to time so it's time for us to take part to start, even though it looks a little late but it's much better than not taking the opportunity at all. Take steps to achieve a promising investment and do it in an easy way so that we can be more consistent in implementing it.

[DeathAngel]

Investing in & holding any cryptocurrency over a long period is hard. Most people can’t handle the volatility, seeing your net worth take regular big swings can be mentally exhausting. Bitcoin is your safe haven in crypto though, I would not trust anything else long term.

[ruykeri]

Bitcoin was created as the world's first cryptocurrency.Although its value was not that high at first, over time the value of Bitcoin increased and people started showing interest in Bitcoin.I myself consider Bitcoin as a safe coin because Bitcoin has maintained its value so far and its value is increasing day by day. Bitcoin has always been a reliable currency for me.

All types of coins in the market always fluctuates, and Bitcoin is no exception . Bitcoin has always given a good feedback.
Looking at past statistics, it can be seen that Bitcoin has always given a higher return profit compared to other currencies.Therefore, Bitcoin is not only an investment vehicle, it is also used as a store of value and security for one's own assets in the future. It is a symbol of decentralization.

[henry_of_skalitz]

Investing in & holding any cryptocurrency over a long period is hard. Most people can’t handle the volatility, seeing your net worth take regular big swings can be mentally exhausting. Bitcoin is your safe haven in crypto though, I would not trust anything else long term.

Knowledge allows you to do so.

It allows you to hodl with a cold head