Having bitcoin gives confidence | Bitcointalksearch.org

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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.

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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.

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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.

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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.

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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.

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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.

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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.

SOKO-DEKE

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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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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?

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.

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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.

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"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?

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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?

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".

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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.

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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?

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

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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.

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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?

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.

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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,

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.

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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?

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.

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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.

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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.

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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?

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.

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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 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.

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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

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.

Hyphen(-)

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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.

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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.

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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?

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.

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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.

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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?

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.

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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.

Stepstowealth

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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.

Bholutefe

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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.

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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?

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.

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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.

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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.

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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?

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.

Zaguru12

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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.

Kara3

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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?

Topic: Having bitcoin gives confidence (Read 395 times)