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Topic: Having bitcoin gives confidence - page 3. (Read 395 times)

hero member
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April 23, 2023, 05:50:16 AM
#14
Let me say that Bitcoin is the general overseer of all cryptocurrency tokens, and we all know what it means to be a leader; therefore, if you want peace of mind in your crypto investment, then Bitcoin is the right and most reliable coin to invest in, and you will be guaranteed of a very good profit if you can be patient to hold your Bitcoin.
member
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Allah is the Greatest
April 23, 2023, 05:18:02 AM
#13
Yes, owning Bitcoin can give some people a sense of confidence and security in their investment. Bitcoin is often seen as a safe haven asset due to its decentralized nature, limited supply, and high liquidity. Additionally, Bitcoin has proven to be a resilient cryptocurrency, having survived and bounced back from multiple market crashes and bearish periods. As with any investment, there are risks and potential losses, but many investors believe in the long-term potential of Bitcoin and the benefits it can provide as a hedge against inflation and economic instability.
sr. member
Activity: 812
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April 23, 2023, 05:16:13 AM
#12
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?
You are not the only one who has such thoughts about bitcoin. Moreover, people who have been involved in crypto investment for a long time, surely everyone will agree, bitcoin is the safest crypto asset. So it's true, if you want to invest in crypto, bitcoin is the most appropriate to buy. The system is decentralized, making bitcoin safer, because no one has a special hold on bitcoin, because the special holders are the people who invest in it. So don't be afraid that bitcoin will be manipulated, because it is us who move the market, as investors.

In contrast to other crypto assets, other crypto assets can be manipulated by the people who created them, one of which is by taking their liquidity, and making the price of the crypto go down and it is difficult to go up again. Therefore, crypto (altcoin) which is not bitcoin is something that is dangerous to be used as an investment tool. Indeed, sometimes there are very crazy increases in altcoins, but it's all just to attract customers, so they buy and invest in these altcoins.
legendary
Activity: 1932
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April 23, 2023, 04:53:03 AM
#11
Well, when I first read the title of this thread I thought it would talk about something different. In fact, at this point, I'm a strong believer that the risk of not getting Bitcoin is higher than the risk of having it. I mean: the risk of losing the value that you can afford to lose that you invested buying a few satoshis is lower than the risk of being a no-coiner in the case Bitcoin becomes a generalised currency. That said, to me having Bitcoin is a source of confidence in the future, no matter what disasters happen in my country or the world.

About the real content of this thread: yes, if you don't want to be a kamikaze with you portfolio, then having the highest percentage of your holdings in Bitcoin (and maybe Ethereum) will give you confidence.

hero member
Activity: 1484
Merit: 928
April 23, 2023, 04:38:28 AM
#10
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?
If you are planning to make investments and you need peace of mind, then you invest in bitcoin, Bitcoin is the safest investment you can make in crypto space, we all saw what happen to strong altcoins last year, no matter how strong you think a altcoin is, anything can happen at any moment and all your investments are gone, you will have to start again. But the only thing that can happen to bitcoin is that the price will dump, and if you can hold with time it's going to bounce back.
legendary
Activity: 1848
Merit: 1982
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April 23, 2023, 04:22:35 AM
#9
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.

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.
full member
Activity: 658
Merit: 172
April 23, 2023, 04:21:59 AM
#8
Having money and investments instills confidence, I know how confident I feel whenever I have some money, I am sure other people feel the same way when they just received a god amount of money or have a good amount of money in their account. Bitcoin has value like money and also for investment purpose, so it is normal that if you have some bitcoins, you will have some more level of confidence first that you have something of value and secondly that you are investing in something for the future.
member
Activity: 79
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April 23, 2023, 04:16:54 AM
#7
Apart from giving confidence, Bitcoin is one of the major coin that you can invest on without doubt that it would crash or having any bad feelings about. Bitcoin supersedes other coins because it is the father of them all, which has always stand strong and has a major importance and value among any other coin without the fear of loosing one’s investment. Everyone knows that when you invest in bitcoin you can be very well rest assured that your coins/investments are safe even though the rise and falls in market value affects from time to time bet the assurance of having your coins intact still stands. Bitcoin is the Master coin among other coins, I would also rather invest in bitcoin than any other coin that I don’t trust.
legendary
Activity: 2716
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April 23, 2023, 03:37:20 AM
#6
I don't really know if anyone else feel the same way?
You're absolutely spot on and definitely not the only one who feels that way. Whenever I've cash I want to invest without taking unnecessary risk, it's Bitcoin that first comes to mind. The belief that no matter what happens, every dip that Bitcoin encounters will surely recover is there. I like to advise newbies who seek my opinion on crypto investment to do more (if not all) of their investment in Bitcoin.
legendary
Activity: 3374
Merit: 1824
April 23, 2023, 03:24:05 AM
#5
Regardless of all that has been said, bitcoin is still a high-risk investment and should be treated as such.
Of course, bitcoin is something new and revolutionary and has given many people the opportunity to invest some money and earn from it, to send money more easily to friends or relatives, or to do some work in the crypto industry, but in any business you should be aware of the risks.
Bitcoin should neither be underestimated nor overestimated, but carefully analyze market trends, make a concrete investment plan and have a clear exit strategy.
Self-confidence should come on the basis of personal experience, not on the basis of external factors that we can't influence.
hero member
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April 23, 2023, 01:52:08 AM
#4
You can say it to people who really believe in bitcoin. But unfortunately, not many people believe in bitcoin, especially when the price drops dramatically like now because most of them panic when the price drops too much.

Those of us who have been investing for a long time still believe in bitcoin and keep holding on to bitcoin firmly because we believe that the decline is only temporary and the increase will come soon. It's just about how we can keep the feeling of worry and fear in check when the price of bitcoin goes down because if we can do that, we can hold on to bitcoin firmly.

And those who are still worried about bitcoin should try to get rid of their worries and keep trying to hold bitcoin. They should be aware that investing in bitcoin is long-term and that it's okay if the price goes down because that would be a good time to buy bitcoin again.
legendary
Activity: 3136
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April 23, 2023, 01:26:20 AM
#3
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?

For sure, if you have Bitcoin with you, you should feel confident that you are holding a precious digital currency that will grow in value beyond imagination, which is decentralized, and more importantly, it is a non-inflationary digital currency. People call it digital gold, so it is not only currency but a store of value.

If you are holding any other altcoin, you are not sure whether it will survive a few months or years and whether will it be able to keep the interest of the investors however with Bitcoin you are confident that even if it dumps it will pump back. You can never lose in Bitcoin investment if you have the holding power.
hero member
Activity: 868
Merit: 952
April 23, 2023, 01:10:36 AM
#2
Bitcoin isn’t comparable to all those pump and dump coins because of the security that comes with it. Features like Hedge against Inflation which even the fiat currency can’t boost of is what makes bitcoin a safe investment. During every bearish period highlights why bitcoin is the only safe cryptocurrency out there.

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.
member
Activity: 96
Merit: 13
April 23, 2023, 12:58:05 AM
#1
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?
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