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Topic: Be a Bitcoin believer (Read 852 times)

legendary
Activity: 1736
Merit: 2748
LE ☮︎ Halving es la purga
August 29, 2022, 01:40:05 AM
#69
OP, nice inspiration in your story, but the alts have their sense of existence, in any case there is a phrase that belongs to a certain specific niche, but that applies in this case; is the phrase "never speak ill of the competition", even speaking ill of the competition is to give them importance.

Some Alts in the equivalence it is sometimes a false bill in the comparison of the legal currency Fiat, cash, you should know when an alts is a piece of shit that is useless, so detecting that false bill depends on you.

So, apply the same to the crypto environment and decide for your convictions, not because you follow a sect or what is fashionable, or because you just read it, so it is not about sending Alts to hell, it is about understanding why bitcoin is better.

Anyway It's up to individually to get up to their necks in the any cryptocurrency they, us want. By the way You have already done your part, you in bitcoin and shouting "hey, that's not the way (Alts)".  Smiley
hero member
Activity: 2352
Merit: 594
August 29, 2022, 12:19:26 AM
#68
Believing in bitcoin is a must, but beyond the limited altcoins with good potential there are more better projects in the market. We need to be lucky to enjoy the best out of it.

Luck is not the only thing needed when investing into altcoins. If you thoroughly research about a particular altcoin's project then you will likely earn profit from it in the long run. The reason why many people lose money in altcoins is because they invest to shitcoins or hyped projects that is usually just pump and dump. They want an easy money that they invest huge amount on those shitcoins even if the project has no planned roadmap or utility.

I think everyone in this crypto space are bitcoin believer but trusting some altcoin projects is not also bad if it will bring us profit in the future.
hero member
Activity: 2380
Merit: 586
August 28, 2022, 07:04:44 PM
#67
There are a few decent alts out there but the rest are shit.  Also makes you wonder how many have been created with the purpose of relieving folks of their Bitcoin, which also shows scammers can be believers too.
Few altcoins are of real value and have its usage all around. Just look at Shiba, it existed as a memecoin ad and now it is more valued. The usage keeps counting as the community is strong and the team haven't let it down. They keep on making plans to support it in one way or the other.

Even the shit coins are turned progressive with real-time partnership and development. The number of bitcoin investors were defeated by Shiba at some point. Believing in bitcoin is a must, but beyond the limited altcoins with good potential there are more better projects in the market. We need to be lucky to enjoy the best out of it.

I'm with you- believing in Bitcoin is a must.  Without Bitcoin, there is no crypto, at least in the way we know and understand it currently or where we are currently could have been years away.
hero member
Activity: 2282
Merit: 532
Sugars.zone | DatingFi - Earn for Posting
August 28, 2022, 06:46:10 PM
#66
There are a few decent alts out there but the rest are shit.  Also makes you wonder how many have been created with the purpose of relieving folks of their Bitcoin, which also shows scammers can be believers too.
Few altcoins are of real value and have its usage all around. Just look at Shiba, it existed as a memecoin ad and now it is more valued. The usage keeps counting as the community is strong and the team haven't let it down. They keep on making plans to support it in one way or the other.

Even the shit coins are turned progressive with real-time partnership and development. The number of bitcoin investors were defeated by Shiba at some point. Believing in bitcoin is a must, but beyond the limited altcoins with good potential there are more better projects in the market. We need to be lucky to enjoy the best out of it.
hero member
Activity: 2380
Merit: 586
August 28, 2022, 06:26:59 PM
#65
There are a few decent alts out there but the rest are shit.  Also makes you wonder how many have been created with the purpose of relieving folks of their Bitcoin, which also shows scammers can be believers too.
legendary
Activity: 3080
Merit: 1144
August 28, 2022, 05:42:33 PM
#64
maybe a very big mistake if you choose a new altcoin because the new coin actually does not have definite clarity, especially not yet registered on the trading exchange, and does not yet have hype, in fact that is also the risk faced by every crypto investor who dares to lose if they want to make a profit.

A new altcoin with no clarity about the trading exchange and about its developer is a shitcoin that will only result in losses. Better to choose bitcoin is the right choice. If you really want to choose an altcoin, choose an altcoin that has been registered and trusted, such as ETH and BNB, there is no doubt anymore. Don't bet money just for new altcoins that are not clear.
However, a lot of investors still fall into altcoins and claim that they will be more profitable than bitcoin. And when they start losing, that’s the time that they will realize that bitcoin is definitely the perfect choice for investment. But there are also good altcoins that have sustained their value for long and when bitcoin reaches its new ATH, these established altcoins also benefited. That way, they become profitable too because of bitcoin.
sr. member
Activity: 910
Merit: 290
August 28, 2022, 02:43:33 PM
#63
We are in an era where life is changing a lot, no one had lived what we are living now at this time, that is why all things change and the financial world too, it is for this reason that we have to be open to bitcoin and carry the information of bitcoin to all those who do not know or who do not want to accept it, bitcoin is not only the future, because for me it will be the currency that dominates everything and beats the dollar, I think it will be important from now on to run all the information That is possible, if we believe in bitcoin I think it will be easier to transmit that knowledge to others.
hero member
Activity: 1400
Merit: 770
August 22, 2022, 09:49:49 AM
#62

I think without altcoins, the market would not be able to grow and develop as it is today. Market participants most investors were attracted to the hotness of many altcoins (including shitcoins) as a result of the frenzied hype surrounding them. Have you noticed that most newbies just prefer to invest in altcoins rather than bitcoin?

Bitcoin will not be able to build this industry alone, despite the fact that there are few altcoins worth investing in, we have to admit that they are an integral part of the market.

They grow so fast with new innovations. I agree with you altcoins are a new invention with a very remarkable volume. They are interconnected with Bitcoin. It is evident that they always follow the price movements of Bitcoin.
But there is one uniqueness, Bitcoin has more confidence than the innovation of that new altcoin. We can see the proof that BTC's price can always reach a new high after experiencing a big decline. I have even experienced two phases of ATH. So at the moment why are you still hesitating about Bitcoin? if you doubt then don't come in, doubt you are your loss. The important thing is to use your free money.  Regarding altcoins, indeed we have to be vigilant, there are many altcoins that exist. You have to be selective if you want to buy one.
legendary
Activity: 2058
Merit: 1042
HODL
August 22, 2022, 06:18:36 AM
#61
I think your dad is one among the person who believed in Bitcoin Cash during the split. I've made this statement based on OP name which is BccKing. Based on the account created date Op could've experienced this seems to be a coincidence. According to me, bitcoin is the best and just because altcoins made him loss we can't conclude altcoins aren't needed. Because, if there is just bitcoin the growth won't be big. The competence keeps things in an updated way.
It seems to me that on the contrary the growth would be much greater if there were no altcoins. All of these altcoins are pulling in the large capitalisation that bitcoin would have had. But I agree with you that not all altcoins are useless, but unfortunately such coins can be counted on the fingers. The rest are all copies of other projects with no practical application.

I think without altcoins, the market would not be able to grow and develop as it is today. Market participants most investors were attracted to the hotness of many altcoins (including shitcoins) as a result of the frenzied hype surrounding them. Have you noticed that most newbies just prefer to invest in altcoins rather than bitcoin?

Bitcoin will not be able to build this industry alone, despite the fact that there are few altcoins worth investing in, we have to admit that they are an integral part of the market.
full member
Activity: 616
Merit: 102
August 22, 2022, 03:17:52 AM
#60
Cryptocurrency pioneers, nice to meet you, this is my dad's account.
He is a dedicated promoter of the crypto community. He used to explain Bitcoin to me when I was a kid.
I am very glad that your dad introduced you to a legacy which last (Bitcoin), because it actually takes a man who soo much believed in Bitcoin to actually do what he did. And he will be proud of you taking over his account to strive to learn and fully understand how Bitcoin work. Because Bitcoin has come to stay and it's going nowhere.

You are absolutely right about this, he was a great kid who got to hear stories from his dad about Bitcoin when he was a kid and inherited what his dad told him back then. because I rarely hear stories of children today listening to what their fathers say to their sons, because most young children ignore their own father's stories when they grow up he takes his own path but doesn't really inherit what his father had. But unlike this kid, he can go ahead and use his father's account, so that he can be like his father to be a promoter in Bitcoin, I think that's really great for him.
hero member
Activity: 896
Merit: 653
August 21, 2022, 08:17:42 PM
#59
Cryptocurrency pioneers, nice to meet you, this is my dad's account.
He is a dedicated promoter of the crypto community. He used to explain Bitcoin to me when I was a kid.
I am very glad that your dad introduced you to a legacy which last (Bitcoin), because it actually takes a man who soo much believed in Bitcoin to actually do what he did. And he will be proud of you taking over his account to strive to learn and fully understand how Bitcoin work. Because Bitcoin has come to stay and it's going nowhere.
hero member
Activity: 1918
Merit: 564
August 21, 2022, 07:04:52 PM
#58
I hate altcoins, they made my dad lose money and they are just imitating bitcoin, a lot of altcoins are just to scam money and then disappear, and the real king is bitcoin. So I call on everyone to join me and only believe in Bitcoin, abandon those altcoins that cheat money, and just follow it!

Don't blame altcoin for your dads lack of skills and knowledge to take advantage of the altcoin market.  I agree there are people who lost money on altcoin but there are also people who get tons of riches in altcoin market.  So I think you need to question your dad's strategy on this and no need to hate altcoin because it makes your dad lose a lot of money.  I believe in Bitcoin and I also believe that there are decent altcoin out there.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
August 21, 2022, 07:01:49 PM
#57
I hate altcoins, they made my dad lose money and they are just imitating bitcoin, a lot of altcoins are just to scam money and then disappear, and the real king is bitcoin. So I call on everyone to join me and only believe in Bitcoin, abandon those altcoins that cheat money, and just follow it!

Don't blame those altcoins but instead your dad's action. Bitcoin is the King and there's no doubt about that but if you play it right, there are lots of worthy altcoins there. You don't have to stick with only Bitcoin if your goal is to have a decent outcome in crypto.

Open your mind and explore things. Your crypto journey should not just be limited only to Bitcoin.

Nothing wrong though with that if you are really not comfortable with other altcoins or have a plan on extending your knowledge with those.
Everyone basically has their own thoughts on things like this.
Bitcoin is king now and it has been for several years now and will likely remain that way. As for altcoins, there are currently a lot of projects out there and even though most of them are useless things, we also can't rule out altcoins in this regard.
We know that different heads must have different thoughts and what your father thinks is definitely not the same as you, so indeed we just need to make a middle line about what to do regardless of whether you believe it or not it may come back to yourself.
legendary
Activity: 2436
Merit: 1008
August 21, 2022, 06:11:18 PM
#56
I hate altcoins, they made my dad lose money and they are just imitating bitcoin, a lot of altcoins are just to scam money and then disappear, and the real king is bitcoin. So I call on everyone to join me and only believe in Bitcoin, abandon those altcoins that cheat money, and just follow it!

Don't blame those altcoins but instead your dad's action. Bitcoin is the King and there's no doubt about that but if you play it right, there are lots of worthy altcoins there. You don't have to stick with only Bitcoin if your goal is to have a decent outcome in crypto.

Open your mind and explore things. Your crypto journey should not just be limited only to Bitcoin.

Nothing wrong though with that if you are really not comfortable with other altcoins or have a plan on extending your knowledge with those.
member
Activity: 295
Merit: 98
August 21, 2022, 06:07:31 PM
#55
Quote
I hate altcoins, they made my dad lose money and they are just imitating bitcoin, a lot of altcoins are just to scam money and then disappear, and the real king is bitcoin. So I call on everyone to join me and only believe in Bitcoin, abandon those altcoins that cheat money, and just follow it!
There are lots of Altcoins and many are Scam but not all, there are some Altcoins with good initiatives. Your dad may have lose money in some bad project that must have been a bad impression for you. You many not specifically know a project that cheats money because at the beginning some may be real but along the line complications may happen to them like running out of funds.  Bitcoin can not be compared to any Altcoin but is not also a bad idea to invest in a good Altcoin project at same time invest in Bitcoin. For example, I have $150k  I can decide to buy $100k of Bitcoin and use the remaining $50k to buy few Altcoins.
hero member
Activity: 2912
Merit: 613
August 21, 2022, 05:58:47 PM
#54
Cryptocurrency pioneers, nice to meet you, this is my dad's account.
He is a dedicated promoter of the crypto community. He used to explain Bitcoin to me when I was a kid. He watched Bitcoin come into being and grow. Because Bitcoin was too expensive to target for long-term storage, he often remorse. Many times he lost money by investing in cheaper altcoins, and the chronic stress of family life and work overload left him depressed.
I read the discussion on the development of Bitcoin in the early days of the forum, and felt very magical and incredible. This is a great invention, a great era. When Bitcoin was born, I was a 7-year-old ignorant girl, and I also missed it. got it.
We weren't there when shells were money, we weren't there when gold was there, we weren't there when cars were there, and I wasn't there when electricity was there. Those who can mine 50BTC or 25BTC in one block, you are the luckiest!
The developers of the Bitcoin community, a group of young geniuses, who did not want to have fun when they were young, but got into the field of cryptography and created a great Bitcoin. For their ideals and beliefs, I adore them very much!
I hate altcoins, they made my dad lose money and they are just imitating bitcoin, a lot of altcoins are just to scam money and then disappear, and the real king is bitcoin. So I call on everyone to join me and only believe in Bitcoin, abandon those altcoins that cheat money, and just follow it!
Its good to see that someone like you has appreciated the value of bitcoin so much, because you know exactly the struggle of bitcoin is. However, its not that easy to convince everyone particularly newbies to never trust altcoins at all as they can be source of great losses. Altcoins are cheaper than bitcoin, and they can be very promising too according to their own developers. But those who stayed long in the market know exactly that altcoins are only good at the start, and they quickly turned to scams in the end and steal our money.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
August 21, 2022, 04:51:46 PM
#53
In this world all crypto currencies are centralized accept bitcoin. It is only a coin that has no regulator. Also Bitcoin is the best in terms of reliability. Chances of scams are high in other projects but Bitcoin doesn't have such scope. So trusting Bitcoin will never fail. If someone truly loves Bitcoin, he will be successful one in this world.
sr. member
Activity: 2506
Merit: 368
August 21, 2022, 12:47:27 PM
#52
Altcoins tend to offer higher risk and reward, Altcoins have more room to grow, and even some Altcoins
are ambitious projects that offer more use cases. However, they also have a higher chance of failure.
And don't see Altcoin as quick cash, see it as an opportunity without risking everything.
Investing in the Altcoins is worth checking out for hands-on cryptocurrency investors willing to do their homework.
But the Altcoins are only a small part of our portfolio. IMO

Nowadays, I can't trust new altcoins since I knew how altcoins and new token works they are not worth to invest and not a good investment if you are planning for a long term investment. I would consider the top 5 altcoins I see as reliable than investing those new coins which most of them are just an imitation of Bitcoin. All you have said was true and there's denying that they have a higher risk and higher reward but most of the time the risk of losing is just too much that's why I can't recommend to put your money on these new tokens.

Do your own research if you want to insist that they are worthy of investment.
hero member
Activity: 980
Merit: 519
fillippone - Winner contest Pizza 2022
August 21, 2022, 12:24:13 PM
#51
maybe a very big mistake if you choose a new altcoin because the new coin actually does not have definite clarity, especially not yet registered on the trading exchange, and does not yet have hype, in fact that is also the risk faced by every crypto investor who dares to lose if they want to make a profit.
Bitcoin still remain the number cryptocurrency that could change more lives if we embrace it more. Going for altcoins is good because all those altcoins projects depends on Bitcoin to move before they can take a bullish attempt and I am not too surprised because some investors do go for altcoins sale the new ones that do pose a big risk to use 8f eventually the project becomes a rug pull.

In respective of what coin I am buying in the crypto market, I still prefer holding Bitcoin to altcoins because it can't be rugged just like the chances of all those coin projects we have in the market. Proudly a Bitcoin believer and enthusiastic even though the current market condition is bear.

Fast opportunity to buy and hold!
legendary
Activity: 3108
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
August 21, 2022, 11:51:22 AM
#50
Sorry, I am not a Bitcoin maximalist but I believe no altcoin should be on top of it. It will always be the King of Cryptocurrencies.
I always prefer healthy competition and there are altcoins that have great projects with legitimate goals to change the future.

It's good though that your father opened up new ideas while you are still young. Like Bitcoin. Yes, it might be in mainstream, trends, or hypes but that is just because they know the name and the price but never went forward into looking deep at its purpose, history, and more.
Welcome to the forum.
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