Failed crypto project will promote bitcoin more - page 4.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: Y3shot on May 30, 2024, 04:46:51 AM

Their is no doubt that cryptocurrency has taking over the world,

Oh yes, there is!
How many shops do you have around you that accept crypto?
How many people invest in stocks and have a bank account and how many actually have a crypto address?
Once you log out of this forum how many around you are actually interested in crypto?

Taken over the world? Be serious!
There are barely 40 million addresses with more than 1$ balance on the whole chain while we have 2 billion debit cards and you talk about "taking over the world"?

Some people need a reality check, once you close twitter and other social media where you follow only crypto you will realize how large this world is and crypto has barely made a dent in it, it's a long long long way to go!!!

Sam2589

newbie

Activity: 2

Merit: 0

Yeah that’s true and I have experienced it too wherein we were lured to invest into new coins but ended up losing it all. It’s always better to stick to Bitcoin as I made a mistake in the past by investing my bitcoin gain into altcoins and I will never repeat it.

GideonGono

hero member

Activity: 2086

Merit: 501

★Bitvest.io★ Play Plinko or Invest!

I think it would depend on every traders, there are traders who would spread out their investment, and wouldn't focus on single trade to lessen the risk.
But I do get the point all the other project mostly airdrop would only be used to make our portfolio grow bigger.

btc78

full member

Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

Quote from: Y3shot on May 30, 2024, 04:46:51 AM

altcoins=>tokens=>airdrop>bitcoin
At the end of these exercises investors will turn to bitcoin as the best to invest because of it quality it has. When beginners are going the wrong way in investing cryptocurrency their is nothing that can be done to stop them but the experience they will go through their is a lot to learn from it to true back to the right thing which is bitcoin.

You have a point. These projects just prove why bitcoin is the king of all cryptocurrencies. In all these years even with newer technologies, bitcoin remains the best and not one has replicated its success. This further improves the confidence and trust people have on bitcoin. At the end of the day, bitcoin remains superior and one of a kind. It is safe to say that there will be nothing like bitcoin ever again.

Solokan

sr. member

Activity: 658

Merit: 325

Rollbit.com

Bitcoin is the king of crypto and of course no one can beat it. However, yes, there are quite a few people who invest in Altcoins that are of poor quality with the aim of getting rich quickly, but those who are lucky will indeed get extraordinary profits and of course they will not give up on investing in Altcoins or others. However, those who experience losses will certainly give up on investing in Altcoins and will definitely end up investing in Bitcoin because they learn from experience and think that Bitcoin is the safest crypto.

To be honest, I was also in a situation where I experienced losses due to investing in Altcoins that were not of good quality and up to now I believe Bitcoin is still the safest but I also invested in Altcoins but only a little but still the money I use most is to buy Bitcoin most of the because I personally have tasted the sweetness of investing in bitcoin.

Yes, experience is a valuable teacher and indeed beginners sometimes experience losses when they invest because they are not investing in Bitcoin. However, experiencing bitter experiences has made some people realize that BTC is the best.

Mr. Magkaisa

sr. member

Activity: 952

Merit: 303

- The spread of Bitcoin or cryptocurrency in different parts of the world is simply unstoppable in these times because financial investors know that we are in a bull run right now.

So they also take advantage of an opportunity like this, and even with the airdrops of other platform protocols, they also do it because this is the right timing for them.
But when the bear market season comes, the airdrops will gradually quiet down in the market, so what is happening is normal based on what I see.

GreatArkansas

legendary

Activity: 2534

Merit: 1397

This makes sense!
I can relate to this also because I remember before I was really lured to altcoins. Even I started with Bitcoin, like some of my Bitcoins before were converted to altcoins and I lost so much, after that I learned the lesson and started to hold and focus more on Bitcoin instead of altcoins.

Y3shot

full member

Activity: 560

Merit: 161

Their is no doubt that cryptocurrency has taking over the world, everyone is trying to develop a crypto project that will attract investors to invest in them. As the day counts by people are getting awareness of crypto project which they found it very nteresting to engage themselves with things that has to do with cryptocurrency. Their are lots of fake projects that people are investing in, and more fake projects are still coming and people will still found it interesting. Bitcoin is the pioneer and footing behind other cryptocurrencies, tokens, NFTs, and airdrops that we have today. People will make mistake to invest in these project maybe because they lack understanding but with time they will correct their mistakes to turn back to bitcoin which is the best to invest.

altcoins=>tokens=>airdrop>bitcoin
At the end of these exercises investors will turn to bitcoin as the best to invest because of it quality it has. When beginners are going the wrong way in investing cryptocurrency their is nothing that can be done to stop them but the experience they will go through their is a lot to learn from it to true back to the right thing which is bitcoin.

Topic: Failed crypto project will promote bitcoin more - page 4. (Read 548 times)