Not every crypto is like bitcoin.

[Renampun]

There are many cryptocurrencies out there that claim to have something better than Bitcoin, and many of them even immediately discredit Bitcoin and try to convince people that Bitcoin is obsolete, but we all know that only Bitcoin is truly decentralized and has stood the test of time, no matter what crypto it is, they can claim that their architecture is the best and they have a ton of features that you can't find in Bitcoin, but in reality, nothing can match Bitcoin. so any crypto can claim that they are better and more innovative, but in the end, Bitcoin remains the reliable one and no other crypto is like it.

[Cookdata]

There are categories under cryptocurrencies and each category has a timeframe. They say that memecoins have a timeframe of only minutes or hours. Basically meaning it trends for only that timeframe and that’s when you should trade. But Layer 1s may have days for its timeframe allowing you more flexibility.

But bitcoin’s trends can last for weeks or months which is why HODLing should really only apply to bitcoin. Stop deluding yourself into thinking holding memecoins are a good choice. Bitcoin is slow but safe and other coins or tokens are fast-paced and riskier. Don’t apply bitcoin-specific strategies on others.

You have to all people be and do what they like, I'm done shouting and saying how bad meme coins were that time but it wasn't working, it has eaten dip that we don't know the quality of coins anymore. I hated how defi coins were everywhere that one time the trend came, I was busy running going thread to threads to demarket them not knowing we had something worse coming and you know what, we will have more worse of them coming as long as people don't want to learn.

I login into Binance today and I saw the front page, I was disappointed and laughing at the same time. A guy was shilling pepe, he said he has bought millions and he believes in the future the coin will grow and be like Bitcoin, I was just smiling and pitying whoever like the post. We have a lot of delusional meme coiners that think they have arrived.

[ejikeme24]

One of the biggest mistake most people are making is not knowing the difference between this precious asset Bitcoin and the rest of them that look promising but shitcoin in disguise, so the earlier they know the differences the better for them because some people feel Bitcoin is a general name which is why most people can choose to dive in at any time hopping that all crypto currencies are the same not until they end up buying a coin that will become a liability to them, so to avoid making unnecessary mistake it is advised to know the difference between Bitcoin and the rest of them so as to avoid mistaken shitcoin to Bitcoin.

[reefsea]

I would even mention that all cryptos are the same except bitcoin for now.
Maybe some of those in altcoins will take offense to that but I think we must realize that at the end of the day this is really the case now because bitcoin has always been different compared to altcoins or shitcoins so it's not wrong if for now we say that crypto is just bitcoin and the like which is uncertain.

Bitcoin is always different compared to other coins which makes us definitely consciously say that bitcoin is the king and the others are just a large portion of garbage that is exaggerated by the pump and dump scheme or with drama in it no more than that.

[Maslate]

We have different investment preferences in fiat and in crypto. So we can't tell other people to stop investing on that certain coin because some have actually manage to be in profits even though majority are losing. Let them have their own decision, because when they're done with meme coins and shitcoins, surely they will shift to bitcoin, and try to navigate their investment just like what others are doing.

Yes, not every crypto is bitcoin, but some have still faith that altcoins or meme coins are their thing, but until they start losing there, they will definitely turn to bitcoin and expect bigger profits in return.

[criptoevangelista]

Everyone enters this market with the greed of getting rich, and if the person truly becomes interested in this space, they will start studying. After studying, they will see that the only path that brings real prosperity is bitcoin, and the rest are just short-term adventures, things you use and then throw away, tools to accumulate more bitcoin. In the end, the market teaches with time, and the best teacher is a bear market.

[Yamifoud]

There are many cryptocurrencies out there that claim to have something better than Bitcoin, and many of them even immediately discredit Bitcoin and try to convince people that Bitcoin is obsolete, but we all know that only Bitcoin is truly decentralized and has stood the test of time, no matter what crypto it is, they can claim that their architecture is the best and they have a ton of features that you can't find in Bitcoin, but in reality, nothing can match Bitcoin. so any crypto can claim that they are better and more innovative, but in the end, Bitcoin remains the reliable one and no other crypto is like it.

It's normal for any newly developed coins to claim that they are much better, more innovative and has bigger potentials to keep thriving in the market so that the people will get convinced to invest on them, but until they start struggling to survive in the market and slowly fading its value and later on become dead coins, that's when we realize that they can't beat bitcoin, and they are nothing but only shitcoins in the market where life duration is very short.

Bitcoin is still the best coin so far, but we can't be confident still knowing there are still a lot coins keep rising in the market.

[Ivystar5]

No crypto is bitcoin in terms of time frame or anything but however they are like bitcoin in terms of calling them crypto currency or digital currency but however they are still not like bitcoin in terms of overall behaviour, some characteristics and what it represents and additionally bitcoin give rise to all the shitcoins or whatever coins that now exist.

So when it comes to comparison only crypto that I value like bitcoin is Monero because of its extreme privacy.

[X-ray]

There are categories under cryptocurrencies and each category has a timeframe. They say that memecoins have a timeframe of only minutes or hours. Basically meaning it trends for only that timeframe and that’s when you should trade. But Layer 1s may have days for its timeframe allowing you more flexibility.

But bitcoin’s trends can last for weeks or months which is why HODLing should really only apply to bitcoin. Stop deluding yourself into thinking holding memecoins are a good choice. Bitcoin is slow but safe and other coins or tokens are fast-paced and riskier. Don’t apply bitcoin-specific strategies on others.

To be specific there is no crypto that is like bitcoin. ETH have uncapped total supply, bitcoin is capped.

Holding only works with bitcoin because the circulating supply is very fair and it's been proven to be here and reaching new ATH every cycle. There shouldn't even exist a term about DCA for altcoin because they are just not good enough for DCA.

[RockBell]

There are many cryptocurrencies out there that claim to have something better than Bitcoin, and many of them even immediately discredit Bitcoin and try to convince people that Bitcoin is obsolete, but we all know that only Bitcoin is truly decentralized and has stood the test of time, no matter what crypto it is, they can claim that their architecture is the best and they have a ton of features that you can't find in Bitcoin, but in reality, nothing can match Bitcoin. so any crypto can claim that they are better and more innovative, but in the end, Bitcoin remains the reliable one and no other crypto is like it.

They can only claim because I don't see any club that will match the standard by which Bitcoin was established, and since when was it created, all others have been at the mercy of Bitcoin because every other cryptocurrency was built on, and even in the market the one leading the others is still Bitcoin, if bitcoin price should crash same way the price of others will also crash, and they are built on a different vision bitcoin is decentralized and deal more with privacy compare to others.

I don't even see any cryptocurrency that claims they be the best at this point, that is better than bitcoin, and that is why when anyone is investing, they are encouraged to invest in bitcoin, since it is the leading cryptocurrency, even with the largest market cap, who else wants to compete with bitcoin.

[Iranus]

To be specific there is no crypto that is like bitcoin. ETH have uncapped total supply, bitcoin is capped.

ETH does not have a fixed supply, but many other altcoins do, and even less than bitcoin. Also, it is not that difficult to squeeze the supply or create a coin with a supply.

In my opinion the biggest difference between bitcoin and altcoins lies in their core nature, bitcoin is decentralized but the rest of the market is not.

Or one difference between them is the use case and the actual application. With its decentralized nature and fixed supply, bitcoin is used as a method of storing value, hedging, and peer-to-peer payments to ensure privacy and security. That's why it's called digital gold.

[LastKiss]

Because Bitcoin has a large market cap, it’s much harder to manipulate its price within a few hours. In contrast, most altcoins especially those with small market caps are much easier to manipulate. Crypto as a whole started with Bitcoin, and many other coins like ETH, LTC, and others followed. Over time, people tend to choose projects based on the strength of their underlying technology.

Holding memecoins is generally not recommended, as their hype-driven rallies often last only a few weeks before experiencing significant drops. Crypto is known for its volatility, although Bitcoin’s volatility is much lower compared to most memecoins.

[Nwada001]

To be specific there is no crypto that is like bitcoin. ETH have uncapped total supply, bitcoin is capped.

Limited supply is one thing that differentiates Bitcoin from altcoins. Another thing too that made it special is its decentralized nature, which some altcoins are claiming to have, but we all know deep down they are not free from central control.

Holding only works with bitcoin because the circulating supply is very fair and it's been proven to be here and reaching new ATH every cycle. There shouldn't even exist a term about DCA for altcoin because they are just not good enough for DCA.

Altcoins indeed are a higher-risk asset to be planning DCA for; if you want to risk it, you can just sacrifice whatever you can at once and save yourself the time. At the end of the day, every waiting time spent in some altcoins will be a waste, as the token might not be able to even reach its previous ATH, not to mention create a new one.

[Dunamisx]

After the creation of bitcoin, many people do see the success and were pushed to also introduces their own altcoins following the pattern of bitcoin, but not the same as it is, today, many also thought about seeing that bitcoin will one day seize to exist, but all these has ever turned a might mere for them to see coming to pass, that is why till today, every other crypto will be regarded as alts while bitcoin remained their champion.

[Wildwest]

Because Bitcoin has a large market cap, it’s much harder to manipulate its price within a few hours. In contrast, most altcoins especially those with small market caps are much easier to manipulate. Crypto as a whole started with Bitcoin, and many other coins like ETH, LTC, and others followed. Over time, people tend to choose projects based on the strength of their underlying technology.

Holding memecoins is generally not recommended, as their hype-driven rallies often last only a few weeks before experiencing significant drops. Crypto is known for its volatility, although Bitcoin’s volatility is much lower compared to most memecoins.

but there are also some coins that have followed the bitcoin trend, for example ethereum, BNB and several other coins that we can rely on, but for memecoin it does have a high risk so that many holdings experience losses because they cannot monitor the market well because the movement is only a few hours so we have to monitor optimally in order to get profits, even though Bitcoin volatility is much lower compared to memecoin but for the security of our assets it is better to choose bitcoin which is not easy to manipulate the price.

[Yorubek]

Because Bitcoin has a large market cap, it’s much harder to manipulate its price within a few hours. In contrast, most altcoins especially those with small market caps are much easier to manipulate. Crypto as a whole started with Bitcoin, and many other coins like ETH, LTC, and others followed. Over time, people tend to choose projects based on the strength of their underlying technology.

Holding memecoins is generally not recommended, as their hype-driven rallies often last only a few weeks before experiencing significant drops. Crypto is known for its volatility, although Bitcoin’s volatility is much lower compared to most memecoins.

but there are also some coins that have followed the bitcoin trend, for example ethereum, BNB and several other coins that we can rely on, but for memecoin it does have a high risk so that many holdings experience losses because they cannot monitor the market well because the movement is only a few hours so we have to monitor optimally in order to get profits, even though Bitcoin volatility is much lower compared to memecoin but for the security of our assets it is better to choose bitcoin which is not easy to manipulate the price.

It is true that Bitcoin is the best in all as a digital decentralized asset, I think no other asset can be compared to Bitcoin, because Bitcoin is decentralized and no one can control it alone, investors can buy and sell Bitcoin independently, buying Bitcoin and holding it for the long term, you can protect yourself from inflation in the future and get profits in the long term. I think that all the benefits that you will buying Bitcoin and holding it for the long term are not available in any other asset.

[puloweh555]

Everyone enters this market with the greed of getting rich, and if the person truly becomes interested in this space, they will start studying. After studying, they will see that the only path that brings real prosperity is bitcoin, and the rest are just short-term adventures, things you use and then throw away, tools to accumulate more bitcoin. In the end, the market teaches with time, and the best teacher is a bear market.

That's why we all need to be able to differentiate between Bitcoin and altcoins so we can know which coin will prosper us in the future. If someone can't differentiate between the two, they'll likely think all coins are the same, differing only in price, which is what drives them to develop a mindset of wanting to get rich quick through altcoins.

In fact the differences between Bitcoin and altcoins are stark. Although many altcoins have emerged, and they always claim to compete with Bitcoin, Bitcoin remains timeless, always being the first coin to have in our portfolio. Because as you said altcoins are only for the short term while Bitcoin is for the long term and even has the potential to enrich our finances in the future.

[Dreadboost]

Other coins are different from Bitcoin even if they have similarities. I totally do not support investing in menecoin or shitcoins, I know that they are not reliable because I have experienced it before.

Investors in such is a total waste of time and money. I see no reason why some individuals still choose to invest in them when Bitcoin is open to everyone.

But everyone has their own perspective in the way they view them, some like them and some don't, I personally don't because of experience.

[Minor Miner]

To be specific there is no crypto that is like bitcoin. ETH have uncapped total supply, bitcoin is capped.

Limited supply is one thing that differentiates Bitcoin from altcoins. Another thing too that made it special is its decentralized nature, which some altcoins are claiming to have, but we all know deep down they are not free from central control.

I don't think supply is a big difference as there are still some altcoins that have fixed supply or creating a coin with fixed supply is not that difficult. Decentralization seems to be the most obvious difference between altcoins and bitcoin. But bitcoin is not the only decentralized currency, there are other decentralized crypto.

If we judge fairly and objectively, XMR is considered more decentralized than bitcoin. But the problem is that it doesn't have strong community support like bitcoin so investing in it doesn't guarantee better returns than bitcoin.

Holding only works with bitcoin because the circulating supply is very fair and it's been proven to be here and reaching new ATH every cycle. There shouldn't even exist a term about DCA for altcoin because they are just not good enough for DCA.

Altcoins indeed are a higher-risk asset to be planning DCA for; if you want to risk it, you can just sacrifice whatever you can at once and save yourself the time. At the end of the day, every waiting time spent in some altcoins will be a waste, as the token might not be able to even reach its previous ATH, not to mention create a new one.

I agree on this, DCA into altcoins is a bad idea as they are too risky, this strategy should only be applied to bitcoin.

[Guccho]

I would even mention that all cryptos are the same except bitcoin for now.
Maybe some of those in altcoins will take offense to that but I think we must realize that at the end of the day this is really the case now because bitcoin has always been different compared to altcoins or shitcoins so it's not wrong if for now we say that crypto is just bitcoin and the like which is uncertain.

Bitcoin is always different compared to other coins which makes us definitely consciously say that bitcoin is the king and the others are just a large portion of garbage that is exaggerated by the pump and dump scheme or with drama in it no more than that.

Many ways it seems right the difference between Bitcoin and the rest is so stark that lumping all the coins together misses the point. Bitcoin has a stability a purpose and the whole system has proven itself over the years, but most altcoins come and go hype rises and falls again. So when people say crypto is basically Bitcoin, it’s not too unreasonable.

However, I think it’s a bit of an exaggeration to call all altcoins garbage together. Some projects really want to work although whether they can succeed or not is a different matter but there’s no denying that most coins survive on pump and dump dramas, so I would say Bitcoin stands apart while the rest are still trying to prove themselves.