Topic: Bitcoin is not compared to Bitcoin with the best anyone (Read 474 times)

Bitcoin is definitely a popular name if we differentiate between Alt coin and Bitcoin we will definitely choose Bitcoin to invest. While trading bitcoins you must trade with caution or you may end up with losses, don't just think about profit. I personally think you can invest some Alt coin without investing whole money in Bitcoin. 80% invest in bitcoin and 20% invest in alt coin. And if you don't want to invest in any other coin or you don't like then you can definitely choose Bitcoin.

I prefer you to make Bitcoin topic themes as the best investment compared to other Altcoins without having to mention one by one Alternative coins here. This is the place for Bitcoin, people will prefer to invest in Bitcoin because it has been the king of Cryptocurrency for many years. Then why choose another coin if there is a better one, Bitcoin investors will not turn their attention to other coins as long as Bitcoin is still the King of all Cryptocurrencies that have been circulating in the market.

Have you ever heard the phrase don't put your eggs in one basket, maybe because you don't want all the eggs to break when the basket falls, they choose to do portfolio management to optimize investment. Investing in Bitcoin is of course the best choice, Bitcoin will continue to grow and be able to survive amid big waves.

Bitcoin never disappoints you as long as you carry out the investment concept properly, there will always be surprises offered for investors who are patient and don't panic easily even though they are in a halving condition. Investors have the right to choose an appropriate place to store their funds, but of the thousands of Cryptocurrencies that have existed, Bitcoin is the only safest place to invest.

I beg to differ, the yearly volatility of bitcoin remains under 15% if you look at the last few years charts which concludes that the long term volatility is low which applies to hodlers, but the daily volatility may be higher and that only remains a concern for the day traders. Considering the OP, I guess they are long term holders in which case volatility cancels out itself and remains under a controlled ceiling value.

None the less, altcoins are should never be the first choice of serious investor, they should focus on bitcoin when it comes to crypto.

I think someone broke your heart. Nevertheless, people have different approaches to their investments. When you are investing your hard-earned money in any place, it is necessary to do complete research on that investment scheme or on the asset that you are investing in. I myself have invested a large amount in Bitcoins and believe that they will give me good returns in the future, but this doesn’t mean other investments are not good. Yes, it’s better to invest in Bitcoins than altcoins, but again, only for the long term. People who love taking risks will prefer investing in altcoins rather than bitcoins.

I can't advice you to stay away from altcoins because if you are from struggling home I believe you should not keep altcoins out of your crypto portfolio, there are few altcoins that will change your lives better than investing in Bitcoin, they have the higher rate of ROI and faster rate of sinking your money too, but the higher the risk the higher the return, it's better to expose yourself to some altcoin but invest less in them and invest more in Bitcoin.

See, last year 2022, kaspa, a proof of work that many people bullied because of one reason or the other killed two zeros.

In 2022, kaspa was 0.00018$, I am so aware of this coin success rate, if you have invested 100$ in kaspa at 2022 when Bitcoin was dumping hard into 17,000$ range you will have 550,000 Kaspa coin, today, in a freaking bear market still, kaspa is 0.03$ per coin.

Your 100$ would now be $16,000+ right now.

The most awesome part is all this happened in a bear market, if you can find them early you are set for life.

The past halving indeed brings the investors great results and even many have become an instant millionaire( sadly I am not one of those lol)\
but what concerns me is the title, sorry but I hardly understand completely not after i read the whole thread.
volatility of bitcoin shows everyday even in bull market is showing us volatility.

Investing into those big three would always make people feel a lot better without a doubt. Not a lot of people feel the same way about those, but I feel like they are as good as it gets when we are talking about long term investment. Of course that doesn't mean that they are going to never cause you any trouble, as we have seen from the bear run we have seen them not do that badly but that doesn't mean that we are going to end up with them not having anything good neither.

Just have a situation where you end up with a good result, and that should be fine. I believe that we are going to do fine, and for that to happen I believe that we need to make sure that life has ups and downs, hold during down, and sell during up.

I think altcoins will never be dead as long as cryptocurrencies exist. Because there are many altcoins in the crypto world that are invested and traded in the market. Although some altcoins turn out to be scams, not all altcoins are scams. But a coin like Ethereum and BNB is a long-term holding that people invest with faith. But in case of Bitcoin different Bitcoin is risk free investment which everyone invests and its future is good. Cryptocurrencies exist because bitcoin exists and this bitcoin will live forever and improve in the future.Many times one hears various fake social media scam announcements about Bitcoin but they are completely false. We are sure that Bitcoin has a bright future so we will definitely invest in Bitcoin for the foreseeable future. In 2024 Bitcoin price is likely to go to a good position so it will be better for you if you invest.

From Bitcoin price history, Bitcoin has experienced some huge fall to the extent that most people thought it was going to die, but it never did. The reason why some Altcoins are even still in the space is because of the hope they all gain from Bitcoin because Bitcoin has the highest trading volume in the space and it also has a defined season known as the bear and bull seasons, during some bear markets a lot of altcoins normally die out, while during the bull market some new Altcoins get introduced so they can deceive investors into investing in such projects that will only last for some months or a year before they disappear again with investors fund.

I think that the choice between investing in Bitcoin or altcoins depends on several factors, such as your risk tolerance, your investment objectives and your understanding of the different projects and technologies behind each cryptocurrency… each investor should carry out their own research and analysis before making investment decisions. It is true that Bitcoin has experienced significant volatility in recent months, which can be an opportunity for profit, but it also carries risks, everything will depend on what you want as I said... Although I have heard and read on various sites that Bitcoin in the next two or three years is going to have a highly momentum... although those speculations are still just that... simple speculations. Personally I consider Bitcoin to have more potential than those cryptocurrencies, but I see it as having long-term investment potential... so if someone wants to invest in ETH, they can do it and depending on their knowledge and what they want, they could have great profits, it's a personal choice.

For an experienced investor in cryptocurrency market, Bitcoin would account for 80% or 90% of portfolio. 10% or 20% of capital for altcoins is enough because investing in altcoins are risky.

Holding wrong altcoins can cause your capital drops to zero, no price, no volume to exit. Many altcoins die after every four year of a market cycle and if an altcoin investor hold a wrong altcoins more than four years, capital will become zero.

I agree. Bitcoin is the only cryptocurrency we can hold with diamond belief. Because only have questions like what altcoins are considered as commodity or security. With Bitcoin, it is not a security, it is a commodity, no need to discuss more about that. No risk from regulation on Bitcoin in terms of being a security or a commodity as it has been confirmed many times.

I agree also with you. Bitcoin is the King, my advice to you is if you just planning to hold some altcoins, don't forget to have Bitcoins in your bag.
We all know why people love altcoins is because of the ROI, they can get more profits on altcoins versus Bitcoin just incase there will be a parabolic run again.

But for long term, I'll choose Bitcoin to hold.

Bitcoin cannot be compared to anything including altcoins, bitcoin is a very safe and comfortable investment. Bitcoin is guaranteed to provide good returns in the long term, so my advice is to treat bitcoin for the long term if you want good returns.
and bitcoin it is said that bitcoin has better investment fundamentals than most altcoins. Bitcoin is a very popular and most widely bought, held and traded cryptocurrency in the market and bitcoin has always been the best choice for long term investors.

Actually, the comparison between altcoins and bitcoins is no longer debatable. Because it is clear, that bitcoin is definitely the most qualified, and bitcoin is definitely the most potential. So all aspects related to the positive, will definitely excel in bitcoin. So it can be said, people who invest in bitcoin, are the right investment path. Because bitcoin is the leader of crypto currency and it is bitcoin that makes crypto currency born into this world. So it's only natural that bitcoin is the best among the existing altcoins.

But that doesn't mean altcoins like ETH or BNB don't have potential or lack quality. All altcoins also have their own potential and quality. But if you compare it with bitcoin, in my opinion it is a very distant comparison.
If what you mean is investing in other investment assets (besides crypto). In my opinion, you could say bitcoin can be included in the top five, for assets with the most potential to be used as investments. So getting bitcoin to number one, that's possible, and I think it's worth it. But everyone must have different viewpoints and interests about investment assets. Because right now I don't just invest in bitcoin, but the majority of my money is still in bitcoin. So I can't conclude bitcoin is for everyone. But just arguing for myself, that bitcoin is indeed the best investment asset.

It is necessary to increase awareness of the people around with all the advantages and conveniences offered in investing in Bitcoin so that they choose Bitcoin rather than saving money in banks or other places where the risk of loss is higher. Bitcoin investment has received recognition at all levels of society. The extraordinary surge in 2017 is like proof of how profitable investing in Bitcoin is, the returns it offers are far greater than those obtained from other investments.

The surge experienced by Bitcoin has provided strong evidence that Bitcoin is the best investment, this fact greatly surprised other investors who previously did not know anything about Bitcoin which initially only considered it as a temporary trend. Due to the pure Bitcoin price driven by demand and limited supply, people living in countries with economic and political problems should turn to bitcoin investment as a solution to a better economy.

It is true that if we pay attention to many people who are optimistic that the market will strengthen again in early January to April. The end of 2024 or the beginning of 2025 will be the next Bitcoin bull market along with the BTC Halving trend which is currently going through its next four-year cycle. Yes. This period is a good time to enter the market and buy. For example. If you have fresh funds then place 10% of your assets and invest in BTC it will be enough to change the game going forward.

Of course Bitcoin cannot be compared to Altcoin, not in terms of decentralization, reliability and security as well as liquidity, market size and dominance, all of these things Bitcoin is king.

Bitcoin investors in the long run are always winners, but altcoin investors lose most of the time. Of course, there are some altcoins as good as ethereum, but they cannot be compared to bitcoin.

Bitcoin is always superior not only because of decentralization, privacy and transparency, but also because Bitcoin was created for a great purpose, it was created to be an integrated, decentralized financial system that replaces the defunct banking system.

yes, indeed bitcoin never disappoints people who invest in it and that applies to people who know about bitcoin and the risks of investing in btc,
but for people who invest in btc and don't know how to invest in btc the right way,definitely be a potential loss. so in this case it depends on knowledge and luck.

I also think investing in crypto remains the best in bitcoin, because bitcoin is decentralized, because the owner of btc is the one who owns btc.

Personally, I will also choose Bitcoin over any other ALTS every time. But I won't discourage those who can make profits investing in altcoins. It should be a personal preference. Let people do what they are doing.

What I think altcoins are is a way to make quick money from the hype and move on to something new. Altcoins are not that useful the way they say they are. They can not live up to their promises. People invest in them so that they can use the hype to sell at high. I don't see any other uses of alts. It is not something that you can hodl for a long time as Bitcoin. And why is that? it is because they are centralized. This makes hodling more difficult because you never know what they will do to it. Could be a part of a scam. Which is never an issue with Bitcoin. It is decentralized and it will stay like this.

So I have to agree with you. Bitcoin was, is, and will be the best. But if you can make money out of any other altcoins, then why lose that opportunity right?