Having bitcoin gives confidence | Bitcointalksearch.org

Shamm

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Quote from: Pandu Geddon on April 26, 2023, 05:40:23 PM

Quote from: Kara3 on April 23, 2023, 12:58:05 AM

I don't really know if anyone else feel the same way?

any long time investor in crypto market, they have more trust in Bitcoin than altcoins. as you stated that Bitcoin got the price recovery trust. it happened quite a lot in the past. and anyone who sees it will not hesitate to put their money into Bitcoin.
most beginners get impatient with the investments made. that is the case. when there are slight shocks beginners tend to panic. Beginners have a lot to learn before putting their money in any investment assets. it is to avoid loss.

yes you are right that mate and every old investors trust Butcoin rather than altcoins especially nowadays many project will fall and altcoins also fall unlike in the past 5 -4 years ago some altcoins good to invest because there's only few scammer but now where ever we go there are many scammer so as of now it's better to invest in to a trusted coins for how many years and bitcoin will be the best among all coins.

Pandu Geddon

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Quote from: Kara3 on April 23, 2023, 12:58:05 AM

I don't really know if anyone else feel the same way?

any long time investor in crypto market, they have more trust in Bitcoin than altcoins. as you stated that Bitcoin got the price recovery trust. it happened quite a lot in the past. and anyone who sees it will not hesitate to put their money into Bitcoin.
most beginners get impatient with the investments made. that is the case. when there are slight shocks beginners tend to panic. Beginners have a lot to learn before putting their money in any investment assets. it is to avoid loss.

MainIbem

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Investment that doesn't yield according to how it was planned or predicted doesn't give Joy and rest of mind to the investor, despite how mean they seems to be a risk taker. Then talking of investment in bitcoin, usually is the only secure assets that doesn't lose its values entirely like most of the altcoins out there but despite that, is always advisable for anyone venturing into cryptocurrency investment should accept the risk of what may comes after investing their funds into it because I believe the volatility level of bitcoin is real and shouldn't be carried out by its profits.

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Quote from: Kara3 on April 23, 2023, 12:58:05 AM

When you talk about cryptocurrency, the first thing that goes into your mind is bitcoin, my advice to crypto investors is invest where you feel safe, which is bitcoin, when you buy bitcoin, you don't just buy an asset, you also buy peace of mind.the market can be sometimes crazy that even the dip will scare you for the value of your asset, but bitcoin will always be bitcoin, it always stand strong,

In this case, I do agree. Simply Bitcoin is the best for people who want such asset. This may need longer time to be able to earn higher prpfits, but the await will be worth. One to remember is just be patient and never panic because whenever being panic when investing in Bitcoin, it's ended. Bitcoin is however still risky investment, nothing is secure 100%. That is why we must understand seveeal things about Bitcoin investment before entering. Never expect too high in this case although Bitcoin commonly will give you much more when in the bullish era.
Well, one thing that we also need to remember is "keep safe and secret of your Bitcoin investment. We don't know who are scammers and hackers in the real life and digital life. Never trust anyone to tell your private data related to Bitcoin".

Cryptomultiplier

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Not only Bitcoin, but cash and any investment at all gives confidence.
The most important thing to note is the quantity in ones possession, the frequency at which it is multiplied and the strategy which makes it not easily diminished.
Work to ensure any of these three is constant and I can tell how confident you will be.

nakamura12

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I would also say the same thing that you will become confident when you own Bitcoin unlike having a crypto with less or no potential like those pump and dump coins because Bitcoin is much more stronger if you compare it's condition on the market or the total of BTC being sold and bought within 24 hours unlike in some altcoins where some may crash or having some problems. Bitcoin is the father of all cryptocurrency and that's the reason why there are new coins or altcoins being made.

martyns

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There is no one that will either own a bitcoin or have investments kept that will not have confidence in himself.
Investment is for future purposes,and when one buys a coin or invests in a project that has great potential,it gives you that confidence about tomorrow,that the future is really going to be great.So many persons who started Bitcoin years ago can attest to the fact that Bitcoin has really uplifted them to another height,and they can't compare their before to their now,because they made investment when they were supposed to,and that really helped.The hope we have today is because we have made investments that can secure our future,and we will continue making investments for the betterment of tomorrow.

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The truth be told that nothing is certain in cryptocurrency and Bitcoin isn't exempted and I'm very sure that nothing gauranteed in the cryptocurrency industry.
Well I was also thinking that your safety in Bitcoin all depends on your investment amount and one with $100 who bout Bitcoin at $64k wouldn't feel save if the price of Bitcoin falls to $30k because there are possibilities of getting liquidated and at some points I've always preached to people to always practice good risk management and people ought to really understand that no matter how good you are with crypto, without a good management skills, one might not stay profitable for long in the crypto industry.

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Quote from: Kara3 on April 23, 2023, 12:58:05 AM

When you talk about cryptocurrency, the first thing that goes into your mind is bitcoin, my advice to crypto investors is invest where you feel safe, which is bitcoin, when you buy bitcoin, you don't just buy an asset, you also buy peace of mind.the market can be sometimes crazy that even the dip will scare you for the value of your asset, but bitcoin will always be bitcoin, it always stand strong, it doesn't fail to rally back an most times even better, unlike most alt that wouldn't gives you peace once the dip is very strong, I don't really know if anyone else feel the same way?

Indeed it does gives a big confidence. The level or the amount you invested will actually determine the kind of confidence you have. Just like landed property, bitcoin is a precious digital currency that appreciate in value. In cryptocurrency, bitcoin investment is one of the best coin investment and it is because of its Anonymity and how safe and simple it is that makes it unique.
Most people panic when the price drops but those who are patience enough to hold for a longer term will have more confidence.

Bitcoin_people

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Quote from: Kara3 on April 23, 2023, 12:58:05 AM

When you talk about cryptocurrency, the first thing that goes into your mind is bitcoin, my advice to crypto investors is invest where you feel safe, which is bitcoin, when you buy bitcoin, you don't just buy an asset, you also buy peace of mind.the market can be sometimes crazy that even the dip will scare you for the value of your asset, but bitcoin will always be bitcoin, it always stand strong, it doesn't fail to rally back an most times even better, unlike most alt that wouldn't gives you peace once the dip is very strong, I don't really know if anyone else feel the same way?

The hope in crypto is to build a positive relationship with Bitcoin that can lead to successful investment later on. Bitcoin is always good for crypto investment because investing when the market is balanced will surely earn good profit. Investing in Bitcoin is definitely not about being impatient, but being patient. Investing in Bitcoin will often see the market go down a lot and suffer a lot of losses but still have faith in the investment and in Bitcoin. The market will go down at one time and at another time it will go to the high level, so if you invest in Bitcoin with confidence, it is definitely possible to achieve success in the future.

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I think your point of view on bitcoin is not just yours, everyone will think that way. I believe all investors are still aiming at bitcoin, because Bitcoin is one of the most famous and most established cryptocurrencies, and is considered as the Mother of all crypto coins.

Therefore some people see Bitcoin as an asset that can provide "confidence gives" and certainly security in their investment. And of course this can be caused by several factors, such as its decentralized nature, limited supply and high liquidity. Bitcoin is also an asset that can provide protection against inflation and economic instability. and also Bitcoin has proven to be more resilient in the face of various market crashes and bearish periods compared to Altcoins, so it can give investors confidence in long-term investments.

Dzwaafu11

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Quote from: Zaguru12 on April 23, 2023, 01:10:36 AM

But nonetheless the peace of mind in investing into bitcoin or cryptocurrency at large is gotten from the nature how one invested. Someone who has invested an amount that is beyond is capacity will always be in a state of panic even if the invested coins is bitcoin. These set of investors get concern about even a dollar drop because of what they have invested. The only way to invest in bitcoin peacefully is to invest an amount considered being losable my you so as to hodl for so long and not panic like the alt coin investors during bearish period.

Great @zaguru12 Since investors who understand how the bitcoin market functions know that the price will rise in the future and one will receive the preferable profit, bitcoin is the most reliable coin one can purchase and have peace of mind with even at a low price. For me, any other coins that are not bitcoin I consider them as shit coins, and I avoid them because they won't give me peace of mind,Unlike bitcoin, which I know about and about which I have never heard any bad news that has not been recovered, even if I have the ability to invest a huge sum of money, I will select bitcoin to invest in and hold for extended periods of time.

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Quote from: Marykeller on April 25, 2023, 07:58:19 AM

Generally speaking, when someone mentions crypto, what comes to people's mind first is bitcoin not altcoin. Bitcoin is the king of all crypto and it is through her that altcoins were made.

Relating to this and I even thought that cryptocurrency was like currency used by criminals around the internet and that's why I never attempted to touch Bitcoin ever back in the days. I thought that the only cryptocurrency we got was only Bitcoin so that's that.
I can't say that having Bitcoin gives assurance, but hey for the last decade of it continuing to exist, I would use it as much as I want.

Quote from: Luffygroove on April 26, 2023, 01:51:36 AM

Indeed, Bitcoin can give assurance to long-time investors. It's been 6 years for me since first time I know about Bitcoin, and I never have a doubt about its supremacy. None of this altcoin could beat Bitcoin until now. Many projects up and down, and only Bitcoin that's standing still until now. Although there are times for correction, but Bitcoin will rise again, and I'm expecting for the next bull run happen in 2024/2025. It's like 4th July for crypto community and I can't wait to experience it again.

I feel really old knowing that I am almost going 6 years as well in holding Bitcoin, lol. Not that I was really having an assurance from it, but rather that I was just trying to test the waters if it is really a good investment..aaaand I would say yes to that.

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Indeed, Bitcoin can give assurance to long-time investors. It's been 6 years for me since first time I know about Bitcoin, and I never have a doubt about its supremacy. None of this altcoin could beat Bitcoin until now. Many projects up and down, and only Bitcoin that's standing still until now. Although there are times for correction, but Bitcoin will rise again, and I'm expecting for the next bull run happen in 2024/2025. It's like 4th July for crypto community and I can't wait to experience it again.

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Quote from: yhiaali3 on April 23, 2023, 04:22:35 AM

Yes, those who have seen a lot of Altcoin collapse by 100% and sometimes 200% or more know this feeling. Those people who lost their coins in these collapses will know the feeling of confidence when having Bitcoin.

2022 was a scary year for altcoin investors, we all saw two strong altcoins crashed last year, that’s just evidence that altcoins shouldn’t be relied on, anything can happen any moment, people investing in altcoins where scared last year because they don’t know the next coin that will crash, maybe it’s the one they are holding or not.

Quote from: yhiaali3 on April 23, 2023, 04:22:35 AM

When you own Bitcoin, you are assured of peace of mind, because you know that no matter how much the price falls, it must rise again to new peaks. So all you have to do is throw your bitcoins into the wallet and forget about it.

Altcoins crashed last year and their money was gone, bitcoin can’t crash like that, the only thing that will happened to bitcoin is that the price will dump and if you are the strong type that can hold, then with time it’s going to bounce back, but if some altcoins can crash, then they are dead already, they will never recover any amount you invest is gone already, that’s why we have to think twice before choosing to invest in either bitcoin of altcoins.

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Several years ago, when I knew much less than I do now (and I know that I still have a lot to learn), I had the equivalent of 2 bitcoins in shitcoins.

I don't trade and I didn't really have time to watch the prices. One day this bag was only worth a few satoshis.

With bitcoin, I don't have to worry about prices, bearmarket or whatever.

AakZaki

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Altcoins are more risky and the price of bitcoin depends on the movement of bitcoin. I also prefer to invest in bitcoin for the long term with a large enough amount. But altcoins can also be made into investments or for short-term trading. Any fluctuations in altcoin prices will be able to be utilized to generate profits. Many altcoins to choose from, but do some research to determine which altcoins will be made as backup investments. there will be many choices.

Peace of mind and psychological stability are very important so that there is no panic or rash decisions when investing.

Marykeller

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Generally speaking, when someone mentions crypto, what comes to people's mind first is bitcoin not altcoin. Bitcoin is the king of all crypto and it is through her that altcoins were made.

Truly, having bitcoin in your portfolio does give confidence and assurance that your future assets in Bitcoin will always be secured no matter how the market turns out to be.

Unfortunately, some investors prefer holding altcoins over bitcoin because of the many financial gains it brings to them when the crypto market bulls(skyrocket) not when it is in the red(bearish) zone. They seem to forget that not all altcoins survive in it.

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Anyone with thorough understanding of the cryptocurrency industry will be able to identify that Bitcoin is only the ideal coin for investments that will provide investors with peace of mind. There are currently no alternative altcoins that can be used to compare with Bitcoin .Some people claim that even some altcoins with good potential can provide them with that sense of security, but I tell them that they can't be used as a benchmark because Bitcoin sets the market price for all altcoins.In summary, there are numerous altcoins with a good reputation before but they ultimately become dead coins at last, I have witnessed some before.

as for me i may not have much funds to purchase more Bitcoin in order to make huge profit but i prefer having that little confidence that is why I preferred investing only in Bitcoin, so with that I can know I have limit my investments risk in cryptocurrency sector.

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Quote from: Kara3 on April 23, 2023, 12:58:05 AM

When you talk about cryptocurrency, the first thing that goes into your mind is bitcoin, my advice to crypto investors is invest where you feel safe, which is bitcoin, when you buy bitcoin, you don't just buy an asset, you also buy peace of mind.the market can be sometimes crazy that even the dip will scare you for the value of your asset, but bitcoin will always be bitcoin, it always stand strong, it doesn't fail to rally back an most times even better, unlike most alt that wouldn't gives you peace once the dip is very strong, I don't really know if anyone else feel the same way?

All bitcoin enthusiasts share the same feeling. Bitcoin is the only trustworthy cryptocurrency that will recoup its value after experiencing market volatility. When compared to other cryptocurrencies, the risk connected with it is negligible.

When we see other cryptocurrencies leave the market and losing value during a market downturn, bitcoin is always the safest of them all, and all other cryptocurrencies follow bitcoin's trend and movements in both directions. The decentralized aspect that distinguishes it from other cryptocurrencies cannot be overstated, yet owning bitcoin comes with the peace of mind that it is a safe and secure asset.

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