Bitcoin the only option left | Bitcointalksearch.org

darkangel11

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Don't let others control your BTC -> self custody

It's true that bitcoin is a big coin that is good for investment even though the market is now red but the movement of bitcoin has looked in a good direction but I want to tell you to invest not only bitcoin but also potential coins such as ethereum coins and BNB coins.

How did you get 1k activity on the forum without knowing the answer to your question?
BNB is a completely centralized coin that depends on binance. Bitcoin is the opposite, a decentralized coin that depends on supply and demand. You have a really wide range of coins you want to buy for someone who doesn't know if getting bitcoin is a good idea. Tongue

IMO if you're into cryptocurrencies and feel like getting one could be a good idea, you should buy bitcoin first. Get bitcoin and then sleep on it for a few nights. Don't get too excited before buying, don't get too much. Dip your toe, wait a bit and decide if that's for you.

Doan9269

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Quote from: Ojima-ojo on June 27, 2022, 06:34:46 PM

Haven't looked at and experienced the cryptocurrency industry for a long time, with all the hacks and crashes that have happened to other cryptocurrencies, Bitcoin has proven to be the only option left for crypto users who are looking forward to both security for both network and investment.

Taking another approach from a different angle, we could see the numbers of cryptocurrencies inventors rushing their investment on bitcoin as well for a steady backup, we cannuse the event of recent tesla case as an example, they had their own investment strongly in bitcoin despite their involvement in altcoins simply because they don't want to be too vulnerable onbthe risk associated with altcoins that they invented should may apparently turn a shitcoin or failed project.

Natalim

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BTC to the MOON in 2019

Quote from: Sterbens on July 21, 2022, 06:13:54 AM

Quote from: Afterclap on July 12, 2022, 12:30:37 AM

No matter how many cryptocurrencies come up in the market, I will always put my money in bitcoin. It’s not just about the profits but also because it is the first cryptocurrency in the world and has been a great asset for me for years.

Yes indeed when we come to bitcoin then we are not only saving money but also investing trust. Yes how bitcoin grows from year to year makes us, especially me more and more believe that bitcoin is for us, me. Don't care about the decline that sometimes makes me panic myself but it can be overcome by looking at bitcoin's backwards flashback.

Some say putting eggs into a single basket is risky and they are right, but I think it was different when it talks about investing in Bitcoin. It is absolutely risky solely to invest in Bitcoin but because we trusted this project and even to see its great market performance, we were never afraid to take risks and pursue it. I'd never found it unreasonable because for me, investing in Bitcoin seems to be the most reliable investment in crypto.

Sterbens

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Duelbits.com

Quote from: Afterclap on July 12, 2022, 12:30:37 AM

No matter how many cryptocurrencies come up in the market, I will always put my money in bitcoin. It’s not just about the profits but also because it is the first cryptocurrency in the world and has been a great asset for me for years.

Yes indeed when we come to bitcoin then we are not only saving money but also investing trust. Yes how bitcoin grows from year to year makes us, especially me more and more believe that bitcoin is for us, me. Don't care about the decline that sometimes makes me panic myself but it can be overcome by looking at bitcoin's backwards flashback.

Sebas.tian

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Bitcoin still remain the king among cryptocurrencies that is were safe and secured for people to invest any amount of money without fear. I guess, Bitcoin is the only option left for those that missed the opportunity not to invest on bitcoin to make use of this opportunity by investing a huge amount of capital on bitcoin to see how good and secure bitcoin investment is in the crypto world. Now that the price of bitcoin has increased to $21,000 few hours ago, showed that very soon people will start expecting massive pumping that will help people to recover from their losses in the community.

Adbitco

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Leading Crypto Sports Betting & Casino Platform

There is no way both currencies could be compared for any reason, most at times Amateur ran to Altcoin maybe since they noticed is more reliable to them than bitcoin, most investors knew this and take advantage since they are already aware of how important valuable is Bitcoin. Is of no doubt during the bear whales gets Richer while the market feeders gets poorer due to little wave caused by the whale.
Bitcoin remains the only option and I can't sell my fractions I have been able to saved.

landheer

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Activity: 484

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Everyone will certainly vary with their investment choices, some choose to invest in altcoins, some invest in gold for the long term. and there is also in bitcoin. but if I personally choose to invest in bitcoin, for the long term or short term. I chose bitcoin because I saw a good volume, and the supply was not much, while bitcoin enthusiasts were increasing from year to year. so my only investment choice is only in bitcoin.

Afterclap

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No matter how many cryptocurrencies come up in the market, I will always put my money in bitcoin. It’s not just about the profits but also because it is the first cryptocurrency in the world and has been a great asset for me for years.

Hispo

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Leading Crypto Sports Betting & Casino Platform

Quote from: Text on July 09, 2022, 10:19:24 PM

Quote from: Hispo on July 09, 2022, 07:00:38 PM

There is a little detail we should not let pass by about this useless coins.
If ones buys Bitcoin during an ATH beause one is feeling bullish about the price but next day Bitcoin bumps let's say 10-20%, there is not the end of the investment, since Bitcoin has proven to be an asset which can easily recover from bear markets with the enough time, reaching higher prices during the next bull run.
~snip

We don't get anything out of such coins/tokens that at first show elegance but eventually lose their value. That is a token for those who have joined the hype of P2E and rug pull scheme because many gamers have become obsessed with this kind of investment and they don't have an idea what they have entered because the only thing they want is to earn while playing. But they don’t know that it’s just as easy to lose. They are the newcomers who know nothing about Bitcoin.

Most of them do not anything know about neither Bitcoin nor Tokenomics.
The worst part is that due to the gold rush caused by P2E last year many people had to face losses, I personally know one which lost some money on Plants Vs Undead. The fortunate ones got their earnings into stablecoins, FIAT or Bitcoin and got earnings tho.

Also, we should not forget of those influencers and YT personalities who took advantage of their fanbase (most of them quite ignorant of blockchain techonology in general) to accumulate ever more money through the offer of NFTs or even sponsoring P2E games. It was during the last year that we all managed to see what social media influencers value more money than their fans.

Of course, there are some P2E which are legitimate like Axi Infinity or NFT's collections which do not try to scam anyone, however, those are few in comparison to the scams and useless coins.

Text

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Quote from: Hispo on July 09, 2022, 07:00:38 PM

There is a little detail we should not let pass by about this useless coins.
If ones buys Bitcoin during an ATH beause one is feeling bullish about the price but next day Bitcoin bumps let's say 10-20%, there is not the end of the investment, since Bitcoin has proven to be an asset which can easily recover from bear markets with the enough time, reaching higher prices during the next bull run.
~snip

We don't get anything out of such coins/tokens that at first show elegance but eventually lose their value. That is a token for those who have joined the hype of P2E and rug pull scheme because many gamers have become obsessed with this kind of investment and they don't have an idea what they have entered because the only thing they want is to earn while playing. But they don’t know that it’s just as easy to lose. They are the newcomers who know nothing about Bitcoin.

Hispo

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Leading Crypto Sports Betting & Casino Platform

Quote from: KaliLinux on July 09, 2022, 08:33:58 AM

Quote from: mk4 on June 27, 2022, 09:27:19 PM

Quote from: Hispo on June 27, 2022, 07:51:33 PM

And yet, there are hundreds (or even thousands) of people that prefer not to buy a single satoshi and purchase and hold literal useless tokens with food names, dog names, memes and names of billionaries.

Have these people sacrificed their sweet sleep hours in favor of embracing greed or is it a case of credulity?

People can buy useless tokens and dog coins and still sleep comfortably. It's either they only allocated a very small amount of money (hence they can comfortably lose that money), or they're simply delusionally confident.

You are right and maybe "they're simply delusionally confident" Grin

because of the few cases of some people luckily making profits out of these dog name coins hence we will continue to see this with some crypto investors.

There is a little detail we should not let pass by about this useless coins.
If ones buys Bitcoin during an ATH beause one is feeling bullish about the price but next day Bitcoin bumps let's say 10-20%, there is not the end of the investment, since Bitcoin has proven to be an asset which can easily recover from bear markets with the enough time, reaching higher prices during the next bull run.

On the other hand, these coins/tokens made with no sustance or use case can indeed Moon but most of them fall as quickly as they raised in value and unlike Bitcoin, they never recover and stay as dead projects indefinitely, leaving investors/glamblers holding the bag to the end of times. The clasicall sh*tcoin life cycle is: birth-> moon -> dump -> death

Furious 7

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https://duelbits.com/

Quote from: kamvreto on July 08, 2022, 11:07:10 AM

Quote from: Furious 7 on July 08, 2022, 10:10:05 AM

Quote from: slackovic on July 07, 2022, 12:36:57 PM

Quote from: Furious 7 on July 07, 2022, 12:03:27 PM

Snip

But the fact is that almost everyone has done this and it is quite natural because indeed everyone can be greedy and make mistakes.
For the first time it is reasonable but sometimes there are some people who are so greedy with things like this and this is what makes some people sometimes say that Crypto is a Scam, Even though he himself cannot run Crypto well.

Saying it's a crypto scam because they have already lost a lot, they are too greedy and just want to make big profits. The fact is that this is the case, those who get wealth from memecoin or shitcoin are those who dare to take risks for that one opportunity and then throw it away. We must really know how cryptocurrencies work and be aware of the risks that could occur. Bitcoin is indeed the best, but if you can't understand it then everything will be a Scam.

In this case, indeed not everyone can achieve good results when in Crypto, the reason is simple because indeed they expect something Instant and are greedy enough in this case so that this actually makes them difficult and consumed by their greed.
Agree with what you said because Meme coin is actually the same as gambling, when you can take advantage of this and want to take a bigger risk then the profits can be multiplied but if there is a mistake then you have to be prepared for the worst.

Wakate

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Quote from: Ojima-ojo on June 27, 2022, 06:34:46 PM

Haven't looked at and experienced the cryptocurrency industry for a long time, with all the hacks and crashes that have happened to other cryptocurrencies, Bitcoin has proven to be the only option left for crypto users who are looking forward to both security for both network and investment.

Hey, I don't get to understand all you have written.are you relating to the market volatility? You know that the crypto market is not the only financial market that do crash and rise with time. If you take a look at the forex market and all other market, you will see that the same happens there so Bitcoin is as volatility as the Stock, Forex etc markets.

Bitcoin is the foundation of the cryptocurrency market and we shouldn't be surprised seeing other cryptocurrencies falling when Bitcoin falls and rising when Bitcoin rises. That is opportunity for everyone to choose what they really want whether for altcoins or for Bitcoin but Bitcoin is more trusted and secure than all those coin projects coming out from every corners of the market.

ingiltere

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Quote from: Ojima-ojo on June 27, 2022, 06:34:46 PM

Haven't looked at and experienced the cryptocurrency industry for a long time, with all the hacks and crashes that have happened to other cryptocurrencies, Bitcoin has proven to be the only option left for crypto users who are looking forward to both security for both network and investment.

Bitcoin is always the safe haven for me. Fiat money is losing value against inflation. Stablecoins are not trusted enough for now. In other crypto-currencies, the reward is high and therefore the risk is high. It's always a possibility to lose your whole investment, even in major altcoins. We've seen even those that claim to be very solid disappear from the market after several years. I would trust any coin other than Bitcoin at minimum. After all those years I've been in I know the basics and I don't fear of these price movements at all. In the end I know it's going back to its highest and make new highs. It's more secure long term investment for me.

KaliLinux

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Quote from: mk4 on June 27, 2022, 09:27:19 PM

Quote from: Hispo on June 27, 2022, 07:51:33 PM

And yet, there are hundreds (or even thousands) of people that prefer not to buy a single satoshi and purchase and hold literal useless tokens with food names, dog names, memes and names of billionaries.

Have these people sacrificed their sweet sleep hours in favor of embracing greed or is it a case of credulity?

People can buy useless tokens and dog coins and still sleep comfortably. It's either they only allocated a very small amount of money (hence they can comfortably lose that money), or they're simply delusionally confident.

You are right and maybe "they're simply delusionally confident" Grin

because of the few cases of some people luckily making profits out of these dog name coins hence we will continue to see this with some crypto investors.

Nrcewker

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Quote from: Ojima-ojo on June 27, 2022, 06:34:46 PM

Haven't looked at and experienced the cryptocurrency industry for a long time, with all the hacks and crashes that have happened to other cryptocurrencies, Bitcoin has proven to be the only option left for crypto users who are looking forward to both security for both network and investment.

Don’t try any other chains, always go for Blockchains.
Bitcoins are strong in encryption I too agree on this.
It is the first crypto developed, so yes there is some great strong encryption present comparing to other alts.
OP you can also try ETH, as it’s security and safety is almost equal as Bitcoins. At last it completely depends on a user what he/she needs to do. So choose accordingly.

Hypnosis00

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Quote from: Iranus on July 08, 2022, 08:51:12 PM

To be fair, bitcoin is an excellent long-term investment and investing in altcoins are not necessarily bad either. However, altcoins are subject to many risks, such as hacks, crashes...so you can also invest in altcoins but remember to only invest small amount, like gambling for fun and allow it to be lost without affecting your sleep. For serious investments, bitcoin is the best choice in the crypto market.

No doubt about Bitcoin but can't just ignore the potential of altcoins like ETH as well. Just what I did with my portfolio, 60-70% is Bitcoin still, some altcoins got some space on my portfolio to know that they are somewhat profitable as well even during the bear season. I'd never think this was a wrong idea but saying it was right (just for me).

Anyways, it is very important that we know what we are doing. Earning a profit in couldn't be hard if we are choosing the right coin/s. If we think Bitcoin is enough then that was a choice. Yes, it is just like gambling and there are only two possible results, win or lose.

minime0105

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Quote from: Iranus on July 08, 2022, 08:51:12 PM

To be fair, bitcoin is an excellent long-term investment and investing in altcoins are not necessarily bad either. However, altcoins are subject to many risks, such as hacks, crashes...so you can also invest in altcoins but remember to only invest small amount, like gambling for fun and allow it to be lost without affecting your sleep. For serious investments, bitcoin is the best choice in the crypto market.

that is why you have to invest in Bitcoin and leave altcoins because the risk in altcoins is greater than the risk in Bitcoin. Any one who wants to invest in cryptocurrency should go directly to bitcoin but is not that investing in altcoins is very bad but they have different ways of potential

Iranus

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To be fair, bitcoin is an excellent long-term investment and investing in altcoins are not necessarily bad either. However, altcoins are subject to many risks, such as hacks, crashes...so you can also invest in altcoins but remember to only invest small amount, like gambling for fun and allow it to be lost without affecting your sleep. For serious investments, bitcoin is the best choice in the crypto market.

btc78

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Quote from: Ojima-ojo on June 27, 2022, 06:34:46 PM

Haven't looked at and experienced the cryptocurrency industry for a long time, with all the hacks and crashes that have happened to other cryptocurrencies, Bitcoin has proven to be the only option left for crypto users who are looking forward to both security for both network and investment.

It has been always the Best option but it doesnt mean that it is the only one left, there are still many good crypto that exist but all we have to do is find which is one and yes Bitcoin is in the top of it and i think our perfect option to say as well.

But there is also Ethereum and Solana and of course Binance one of the safest of them all.

Topic: Bitcoin the only option left (Read 946 times)