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Topic: Bitcoin as a trend over other cryptocurrency. - page 3. (Read 755 times)

legendary
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It makes me feel odd when you describe Bitcoin as a trend, especially when it is referred to as a trend in the cryptocurrency market. Trend connotes being ephemeral. Bitcoin isn't, not in the cryptocurrency market, not outside of it in the world of fiat currencies. In the crypto market, altcoins are ephemeral. Trends are ICO, IDO, NFT, play to earn, and others. Bitcoin isn't one of them. Ever since cryptocurrencies began, all kinds of projects come and go; Bitcoin remained at the top. Bitcoin isn't the leading crypto. It is crypto! The rest are freeloaders.
hero member
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Bitcoin as we know is cryptocurrency which rise and fall in the digital crypto market. Bitcoin has a trend over other cryptocurrency in the sense that Bitcoin is the leading cryptocurrency in the world digital crypto market. Over the year we find out that those in invested in Bitcoin benefits greatly  which make a lot of investors to key into cryptocurrency.
That's why bitcoin is considered a speculative asset, because its price can fluctuate in the market, bitcoin is also a long-term asset for investment that is able to maintain value, bitcoin has resilience in making investments in the long term and short term, even though there is risk in it, that's why bitcoin is currently in great demand by investment insiders, including those who trade in stages.

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But despite that Bitcoin diminish but that doesn't mean it the end of Bitcoin. Recently Bitcoin has been tend to high value on like others cryptocurrency that remains or increase in a little bit. So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.
The recovery resistance point has been seen in the last few days, this is a good time to start and it should be on the correction conditions a few months ago that you have participated in making purchases. Bitcoin can be bought at any time, but most people take the opportunity during correction/decrease conditions to make purchases, even though in stable conditions we can also buy and take advantage of the short term for trading.
legendary
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Other traders and holders are transitioning to bitcoin as it is way safer, but again, in altcoins, if you find a promising one, you can earn a huge profit, but this is a really rare case, unlike before, when most of the new coins that are coming out are all promising and have great value. Most of those top altcoins will be coming back when the price of bitcoin pumps since it is basing from the economy and also bitcoins price, but others will die.

Bitcoin is at the heart of it all, altcoins depend on the price of bitcoin. like now the bitcoin price is bullish again and reached around $21k, this is quite extraordinary, and the positive trend is starting to fill bitcoin.
Some of the new altcoins didn't really thrive in 2022 until early 2023, but 2023 will probably be a year of recovery. The new altcoin only needs to compete with thousands of other altcoins, who can survive will still be the choice, But the safest is still investing in bitcoin.
currently buying and holding some bitcoins for the long term is highly recommended, the bear market is about to end and the bull market is coming soon.
Doing DCA when the bitcoin price reached the lowest support yesterday would certainly be very profitable at this time.
hero member
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Bitcoin has always stands out amongst other cryptocurrencies and its effect on the rest can be greatly seen from charts over the years. It is the father of all other cryptocurrencies, it rises and falls just like any other coin, but they follow suit with it when it does.

The potential of bitcoin to rise again after it falls is very much achievable but not all other altcoins that falls will always have the potential to beat back its all time high. Buy bitcoin, invest in bitcoin and keep for a long term, you’ll enjoy your savings of bitcoin soon in few years to come as we’ll be experiencing another bull run as speculated by many.
Bitcoin is core of crypto currency, many come and go by showing potential but only a small amount of them are standing strong now. But they will always follow the steps of bitcoin.
Bitcoin has the strongest community compared to other altcoins, which is why bitcoin always raise after collapse, while every bearish market saw fall of several  altcoins.

Other traders and holders are transitioning to bitcoin as it is way safer, but again, in altcoins, if you find a promising one, you can earn a huge profit, but this is a really rare case, unlike before, when most of the new coins that are coming out are all promising and have great value. Most of those top altcoins will be coming back when the price of bitcoin pumps since it is basing from the economy and also bitcoins price, but others will die.
full member
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Bitcoin has always stands out amongst other cryptocurrencies and its effect on the rest can be greatly seen from charts over the years. It is the father of all other cryptocurrencies, it rises and falls just like any other coin, but they follow suit with it when it does.

The potential of bitcoin to rise again after it falls is very much achievable but not all other altcoins that falls will always have the potential to beat back its all time high. Buy bitcoin, invest in bitcoin and keep for a long term, you’ll enjoy your savings of bitcoin soon in few years to come as we’ll be experiencing another bull run as speculated by many.
Bitcoin is core of crypto currency, many come and go by showing potential but only a small amount of them are standing strong now. But they will always follow the steps of bitcoin.
Bitcoin has the strongest community compared to other altcoins, which is why bitcoin always raise after collapse, while every bearish market saw fall of several  altcoins.
hero member
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Bitcoin as we know is cryptocurrency which rise and fall in the digital crypto market.
Not only Bitcoin but also altcoins also rising and falling so far. the difference is that Bitcoin is able to survive in any condition, even at the bottom of the bearish market, and then able to rise up again passing the previous price. On the other hand, only altcoins are able to, most of them are shits. But basically, both are having that cycle, both falls and rises with different situation and time periods.

Bitcoin has a trend over other cryptocurrency in the sense that Bitcoin is the leading cryptocurrency in the world digital crypto market.
Bitcoin is the pioneer cryptocurrency. So, he is not only a trend of crypto but the soul of crypto. Bitcoin has always been at the forefront and the best in the cryptocurrency world, regardless of the trend.

So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.
Don't decide right away like this, when Bitcoin drops again later, then you won't be ready for the risk. It's better to buy Bitcoin when you're really ready. Where did we go when Bitcoin was dropping yesterday? Precisely that's why we use the DCA system so that we can buy Bitcoin at several price levels so that we can take advantage of every decrease in the price of Bitcoin. Bitcoin investment is for the long term as the main goal. Therefore, we must understand when and how to invest in Bitcoin itself.
legendary
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As others have mentioned, Bitcoin is just known to be the first cryptocurrency and also for having the largest community and value over other cryptocurrencies. But I doubt that investors of it are having a better 'situation' over other tokens' investor. Things are the same because once a 'trend' is present, market prices moves as one. The only difference is the rate of increase ofcourse wherein other tokens have higher rate of increase but also higher volatility.
Bitcoin generally when it trends or whenever goes up its lift all other cryptos alongside him. So a good bitcoin projection means a good crypto market.
Not all the time. Sometimes trend comes from other currencies such as when ethereum way back 2020 had an increase and Bitcoin just followed but indeed BTC is a factor which makes the increase continuous. It is a matter of influence; its community size prolongs a trend either bullish or bearish.
sr. member
Activity: 560
Merit: 287
Bitcoin as we know is cryptocurrency which rise and fall in the digital crypto market. Bitcoin has a trend over other cryptocurrency in the sense that Bitcoin is the leading cryptocurrency in the world digital crypto market. Over the year we find out that those in invested in Bitcoin benefits greatly  which make a lot of investors to key into cryptocurrency. But despite that Bitcoin diminish but that doesn't mean it the end of Bitcoin. Recently Bitcoin has been tend to high value on like others cryptocurrency that remains or increase in a little bit. So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.

Bitcoin has always stands out amongst other cryptocurrencies and its effect on the rest can be greatly seen from charts over the years. It is the father of all other cryptocurrencies, it rises and falls just like any other coin, but they follow suit with it when it does.

The potential of bitcoin to rise again after it falls is very much achievable but not all other altcoins that falls will always have the potential to beat back its all time high. Buy bitcoin, invest in bitcoin and keep for a long term, you’ll enjoy your savings of bitcoin soon in few years to come as we’ll be experiencing another bull run as speculated by many.
legendary
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or maybe just accept the fact that 99% of us can't really time markets and a better strategy would simply to just do dollar-cost averaging.

https://dcabtc.com/
Dollar Cost Averaging is helpful to average our entry price and reduce or perfectly get rid of psychological effects on our decisions. Mostly when we react emotionally, we make bad decisions.

Additionally, it has one big impact that I did not see anyone emphasizes it. DCA after a long time will help you to have a power of net capital that is big. Bigger capital and bigger power to gain profit when price even does not need to reclaim its all time high.

Lastly with DCA, we have to prepare regular capital source for it that force us to spend less, get more savings for DCA.
hero member
Activity: 2058
Merit: 710
Indeed it very interesting. That why I made the quote that it will be best in investing of Bitcoin now as it's price is likely to increase at any time
There is absolutely nothing wrong if you want to invest in Bitcoin this year because Bitcoin has the possibility of price improvement in the market this year, so you will not miss the train if you want to invest now in Bitcoin.

Currently, bitcoin is still cheaper at the moment so the price is just perfect for bitcoin accumulation in the market. But for those who plan to sell because they think they are already at a loss, think a lot of times, you will never lose in crypto unless you start selling your coins at a very low price. The reason why bitcoin should never be highly regarded for short term investment, as its supposed to be profitable when hold for long term.
This understanding that you provide is very appropriate for OP who wants to invest in Bitcoin from now on so this explanation can really help him not to doubt Bitcoin. Because some people who experience losses through Bitcoin are because they cannot hold Bitcoin longer so they are willing to withstand losses only when they see Bitcoin is declining so that their faith in Bitcoin fades.
mk4
legendary
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yes, now is a good time to buy bitcoins. but in buying don't be in a hurry because now the price is increasing, so wait for a correction when buy.

or maybe just accept the fact that 99% of us can't really time markets and a better strategy would simply to just do dollar-cost averaging.

https://dcabtc.com/
jr. member
Activity: 41
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Bitcoin generally when it trends or whenever goes up its lift all other cryptos alongside him. So a good bitcoin projection means a good crypto market.
hero member
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So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.
We should not urge people to buy Bitcoin. Buying Bitcoin is not because of a forced motive but rather an act that is done with your own awareness to buy.

Buying Bitcoin is not only now the right time to buy, but Bitcoin buying activities are always the right time. If the current upward trend is starting to occur, then buying before this month is much more appropriate because the purchase price is below the current price.

The current price is $18,8K and has a chance to reach $20K this month. Before the Bitcoin price in the market is sold at $20K, there is still an opportunity to buy. For those who already have Bitcoin, it's time to hold and add the amount.
full member
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yes, now is a good time to buy bitcoins. but in buying don't be in a hurry because now the price is increasing, so wait for a correction when buy.

Waiting another time could be disastrous. Since the start of the new year, the price has risen significantly. What if it doesn't wait for a correction before purchasing? This is the time to buy because the price will rise further, and if you don't buy now, you may be forced to pay a higher price later. Only the level of profit will differ between those who buy now and those who wait for the correction to buy.
legendary
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The bitcoin price cycle is very interesting. the benefits also vary greatly for the people who hold it. actually the right time to buy bitcoin was last year because now we can see the price of bitcoin has started to rise. but there's nothing wrong with buying back even though the profit level will be different from those who bought last year
legendary
Activity: 3108
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Bitcoin as we know is cryptocurrency which rise and fall in the digital crypto market. Bitcoin has a trend over other cryptocurrency in the sense that Bitcoin is the leading cryptocurrency in the world digital crypto market. Over the year we find out that those in invested in Bitcoin benefits greatly  which make a lot of investors to key into cryptocurrency. But despite that Bitcoin diminish but that doesn't mean it the end of Bitcoin. Recently Bitcoin has been tend to high value on like others cryptocurrency that remains or increase in a little bit. So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.
Bitcoin or overall crypto market had just boomed out its popularity on the time that there's some news and info on how high it did really been able to reach when it comes to its value but considering into those early years

where Bitcoin is still close on being valueless which people do ignore it and the ones who do benefit out are to those people who had been trusting up and believe into its potential.Some might able to sell out their coins

into those early years but we know that there are holders who did make such huge money out of the years of their holding.Now the trend is continuing and as the recognition and adoption is increasing
then there's no doubt that price or value would be always having that potential on reaching up peak prices.
hero member
Activity: 3010
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Bitcoin as we know is cryptocurrency which rise and fall in the digital crypto market. Bitcoin has a trend over other cryptocurrency in the sense that Bitcoin is the leading cryptocurrency in the world digital crypto market. Over the year we find out that those in invested in Bitcoin benefits greatly  which make a lot of investors to key into cryptocurrency. But despite that Bitcoin diminish but that doesn't mean it the end of Bitcoin. Recently Bitcoin has been tend to high value on like others cryptocurrency that remains or increase in a little bit. So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.
The trend of increasing Bitcoin was not created in a short time, because Bitcoin has become a crypto asset that is suitable for long-term investment so that the trend is also very possible for the long term. And if you just look at the market and just see an increase in Bitcoin that has started to move slowly in an upward direction.

It's actually something I've been very used to seeing in the past on Bitcoin because the current price is still a long way off from the all-time highs on Bitcoin. So if you want to enter now into the market and try to invest in Bitcoin, I don't think it's a bad choice for now and indeed for everyone.
Currently, bitcoin is still cheaper at the moment so the price is just perfect for bitcoin accumulation in the market. But for those who plan to sell because they think they are already at a loss, think a lot of times, you will never lose in crypto unless you start selling your coins at a very low price. The reason why bitcoin should never be highly regarded for short term investment, as its supposed to be profitable when hold for long term.
sr. member
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people usually tend to buy back and see the current trend cycle of the crypto market is recovering, bitcoin and other crypto prices are increasing in recent days as a positive trend, I'm only pocketing a few cryptos right now
legendary
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So I urge every one that now is the best to buy Bitcoin as it trend to increase in no distance time.
I urge everyone to do their own research.
Investment requires personal knowledge on what you wish to purchase, Bitcoin is an awesome investment options in my opinion and a good buy, but do not take my word for it, or that of anyone for that matter as some can market it to you without fully understanding how it works and the risks involved.
Do your research and make your decision.

The best moment to purchase bitcoin was last year, when prices were even cheaper.
Prices now are at its lowest point it has been for over a year now. The peak for 2022 was about $47k and the bottom was around $15,700. This makes right now precisely one of the best times to buy.
staff
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Bitcoin is the name that have paved path for the rest of the cryptocurrencies available in the market. Bitcoin being the lead its market movements were followed by the rest of the cryptocurrencies. The proven growth is another reason why this is being believed as well as given importance for investments. In the short duration we've encountered big number of cryptocurrencies losing its value after reaching great heights. Bitcoin have been moving on its path without carrying any external pressure on it. The market have now begun to run close to the traditional market which makes it more strong.
Bitcoin only paved the way because it's features are actually beneficial. Most other altcoins don't have anything meaningful to add, and are simply changed parameters to give the impression they're something new. There are a few that have offered different things, which could be beneficial. However, not to the extent of Bitcoin. The biggest benefit is not needing to use a bank, and therefore truly owning your money, but we don't need hundreds of other altcoins to do the same thing, we just need one.

However, Bitcoin has had a ton of external pressure so I'm not sure what you mean by that. It's basically been scrutinized, and predicted into the ground at least several times every quarter.
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