Having bitcoin gives confidence - page 2.

uchegod-21

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Quote from: Kara3 on April 23, 2023, 01:58:05 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?

Peace of mind is not a matter of where you invest. That could be part of it but believe me it's too secondary. The first step to peace of mind is personal decision and strongness of the mind.
No matter which coin you invest in, there's always a skip of mind when the bear market is happening. But why the bitcoin investors are more safe is that they know that bitcoin will surely bounce back no matter how long it takes, but this cannot be said of many altcoins which might not return to life after bear market.

Dr.Bitcoin_Strange

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I like the fact that a newbie is saying this, or perhaps a crypto pro in disguise Grin

OP, I think you need to see this thread. It's a question of whether it would be profitable to hold coins that are ranked in the top 10 of market cap. So perhaps if someone is investing in crypto today and buys Bitcoin and other ten or twenty different Altcoins, many of those coins would not survive the test of time in the next two or even ten years. So there is always this confidence in having Bitcoin in your portfolio, because even if those other shite altcoins crumble, your Bitcoin would still be there, and you would also have made profit on it.

I usually don't advise any newbie to start buying altcoins, but due to the influence of a friend here, I wouldn't give such a warning again. Anyone who is not investing in Bitcoin has their own risk to bear with altcoins.

Sandra_hakeem

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Goodnight, ohh Leo!!! 🦅

"To whom much is given,much is expected"
Out of the whole population consensus in the world, atleast 65 % are HODLing Bitcoin and that's alot to atleast make anyone have enough confidence to HODL as well.
On the other hand, altcoins have made alot of negative impartation on the digital money-brand, Cryptocurrency. Sometimes we'll wanna ask how?? I mean, alot of peeps have been searching their ways to get into the cryptographic line, but at the end of the day, they' might be given an option on altcoins with some huge profits; that could possibly mean everything to them since they're only starting....but when the losses Begins to pop-up, they'll end up blaming Bitcoin and thwarting the efforts by tagging different names to it. Isn't that strengthens them trolls?

Sandra 🧑‍🦰

CryptoHeadlineNews

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Quote from: Kara3 on April 23, 2023, 01:58:05 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?

Yes, you actually spoke well in this very statement of yours, because not only do owing Bitcoin gives confidence, but owing it in the right safe & secured wallet is what gives more confidence & peace of mind just as you mentioned above, knowing fully well that with Bitcoin, it gives you control over your funds. However, Bitcoin remains the first and number one cryptocurrency to ever exist with it having the highest trading volume, market cap & price currently at $27k per BTC, of which thou it's expensive, it is divided into mini fractions called "Satoshis" that can be afforded even with the least $3 with exchange such as "Remitano".

Alpha Marine

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I think I disagree with the part where you said "Bitcoin gives peace of mind". Bitcoin only gives peace of mind when it's doing well. If it's not then it's the opposite. It's hard watching your investment lose value. That is why patience is needed when it comes to Bitcoin.

I believe having any investment gives confidence. There's this confidence that comes with having an investment in someone that is yielding profit or would yield profit in the future. When you have an asset that is appreciating in value, there's always a good feeling about that, but when this asset is depreciating in value, rest of mind will be the last kind of feeling you'll feel at that point.

decodx

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Quote from: Kara3 on April 23, 2023, 01:58:05 AM

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

Yeah, bitcoin is like the superhero of cryptocurrencies, always standing strong and giving us confidence in the market. But let's not forget that superheroes have their weaknesses too, just like how bitcoin has its fair share of volatility. I don't know about you guys, but investing in bitcoin feels like being in a rollercoaster ride. It's thrilling, but at the same time, nerve-wracking. Wink

Litzki1990

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Only those who have lost their money investing in ALT Coin know how safe it is to invest in Bitcoin. I have seen many ALT coins that have completely disappeared from the market. But that never happened with Bitcoin. Bitcoin is the most reliable coin in cryptocurrencies. And since all other coins in the market are dependent on Bitcoin then why would I invest in other coins instead of Bitcoin. I will always put my trust and faith in Bitcoin.

Lida93

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Quote from: Kara3 on April 23, 2023, 01:58:05 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?

Like a commander general, bitcoin is always in charge and in the leading role come rain come shine. Like a safe-haven no matter how deep the dip gets bitcoin can be relied on of not crash unlke other altcoins would in the event of a deep dip survival to regaining value is hardly the case.

For many wise investors, whenever bitcoin dip occurs they quickly grab it as an opportunity to DCA because they understand that it's another opportunity to make more profit in ascending order. And I think every newbie should get hold of this strategy that instead of getting frightened about a bitcoin dip it should be a good time to make another profit trip.

Crypt0Gore

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This is true, I have never talked about any other coins than Bitcoin whenever a newbie ask me about crypto investment, I always advise that Bitcoin is the safest one among the rest, even if they decide to go for altcoins I will still advice them to buy some Bitcoin, because the chances of staying alive is high unlike other altcoins that can rug pull or die at anytime.

Bitcoin will continue to be the best digital coin for my and it will remain the number 1 investment plan on my mind, if I make an insane amount of money from altcoins ,its all coming back to Bitcoin, my long term aim is having up to 2 BTC in my wallet, I believe that this is achievable through altcoins investments, but for now I planned to keep accumulating some BTC and also some altcoins.

Dunamisx

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Quote from: Kara3 on April 23, 2023, 01:58:05 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,

For every crypto beginners, we employ them to start with bitcoin because they needed to have experience with how cryptocurrency is in general and in other to maintain being on a safer place when choosing bitcoin as their desired crypto, we know about other cryptocurrencies and the risk that may be associated in using them, how many of these crypto projects turn a failed attempts over time and the rate of lost asset due to this occurrences, which makes bitcoin the first digital currency and the most reliable one every beginners must choose to start with.

Smack That Ace

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Quote from: Kara3 on April 23, 2023, 01:58:05 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?

Yes, bitcoin gives us a much safer feeling than altcoins. But the higher the risk, the higher the return, altcoins are not safe and not bring comfortable for us as investing in bitcoin, but if you are lucky enough, altcoin profits will be bigger than bitcoin. Investing in altcoins is like gambling, if you are willing to accept losses, then you can try your luck. But if you are a person who prefers safety, and accepting less profit, then bitcoin is the right choice for you.

fopesher

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The time of new technologies, artificial intimacy and of course bitcoin. I don't know people who simply haven't heard and haven't tried to invest and try to make money on it. This is the future.

Outhue

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You are right, I have invested thousands of dollars in crypto between 2022 and 2023, and my main confidence is in the Bitcoin I am holding, I believe that even if all other projects failed me Bitcoin won't.

This is why Bitcoin takes the highest percentage of space in my wallet, if you are a smart investor you should know that Bitcoin is the safest crypto investment out there, so make sure you hold more Bitcoin that every other coin in your wallet.

Some people complain about the smaller profits that Bitcoin can only generate now because they missed buying when the value was very lower in the past years but still, I do believe that 4x or 5x is possible from Bitcoin, as for an asset thats most safer I don't have any problem with 4x to 5x gains.

Davidvictorson

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Quote from: Kara3 on April 23, 2023, 01:58:05 AM

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

Having Bitcoin gives you confidence but diversifying your portfolio gives you greater confidence. Bitcoin is still a very volatile and highly speculative asset which I encourage everyone I know to have at least some of it because of its future potential. I think the confidence I have in Bitcoin stems from my investment strategy, my knowledge about it, the level of risk I can manage, and my goals.

Litzki1990

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One thing I've noticed is that more people know about Bitcoin than they do about cryptocurrencies. When asked anything about cryptocurrencies, the answer is no, but when someone is asked to say something about Bitcoin, they can say quite a bit about Bitcoin. Because Bitcoin is always at the center of discussion.

There is a lot of news hype about Bitcoin which makes people interested in Bitcoin. And the market is mostly invested in Bitcoin because Bitcoin is a reliable coin in the entire saturated market. Investing in other ALT coins does not have the same uncertainty as investing in Bitcoin. And I can confidently trust Bitcoin.

Lantind

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Quote from: Kara3 on April 23, 2023, 01:58:05 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 actual comfortable and safe place to invest is very much aimed at all Bitcoin Investors, whether they are big or small investors. They still prioritize Bitcoin as their main asset, because they know much more about Bitcoin background in general, and given that Bitcoin's popularity is now worldwide.

reagansimms

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Bitcoin will always be the priority of every Cryptocurrency trader and investor, the correction that occurs will invite growth that is initiated by a new bullish trend. You must always be optimistic about the future of Bitcoin even though market sentiment is in the red, never hesitate to buy Bitcoin and hold it for the long term, you will get multiple returns in the future.
Always use cold money to get peace of mind, even if the Bitcoin price is corrected which makes the value of the asset decrease there is not the slightest concern that drives a panic sell.

Nheer

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Since bitcoin was the first cryptocurrency, it is always mentioned first whenever we discuss cryptocurrencies, and some even use the term bitcoin to refer to cryptocurrency. The fact that bitcoin completely dominates the cryptocurrency market demonstrates its superiority over all other coins. Despite being the safest coin to invest in, depending on the market, it occasionally doesn't give those who don't intend to hold for a longer period of time peace of mind. These people constantly monitor the market price, and when it keeps falling, they get frustrated and some even start to doubt that it will ever rise again. Bitcoin is without a doubt the safest, most dependable, and most rewarding when you hold over a long period of time.

tranthidung

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Quote from: Kara3 on April 23, 2023, 01:58:05 AM

When you talk about cryptocurrency, the first thing that goes into your mind is bitcoin

You can talk about yourself but should not talk on behalf of others. Different people have different mindset even in cryptocurrency investment.

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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.

When anyone join cryptocurrency market, it is a start of journey with mixed feelings: confidence, uncertainty, panic, fear, doubt and more. If anyone can feel safe since a first day of participation in this market, I don't believe it.

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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?

You can talk about it as a lecture from paper book but you don't understand it if you don't actually experience the market long enough to train your emotion, psychology and being well adaptive with this volatile market.

About past and future of Bitcoin, first let's see its past "Bitcoin is dead" times.

From past stories, it looks like Bitcoin has become stronger with time, with less "Bitcoin is dead" Obituaries. About future, you can make your own speculation but please don't say like "Invest in Bitcoin is zero-risk" as it is not true.

cryptoaddictchie

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I want to gain multiple profits from altcoins but I want to make sure that I have extra fund to dca bitcoin. Its rarely Ive used up my bitcoin compensation in my campaign for such usage but if ever did I used it. I always make sure that I bought it back from the market and continue accumulating it. Cause bitcoin is really a special asset from all the cryptocurrencies out there.

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