Topic: In the next couple of years you will regret not taking bitcoin ✈️ flight - page 2. (Read 430 times)
July 17, 2022, 10:57:31 PM
The topic title has been relevant for a long time. Those who did not purchase bitcoin earlier will be sorry in our time. For beginners, of course, it is preferable to focus on Bitcoin. Altcoins can be too tempting for one-time bursts of profit, which attracts beginners, but such cases can be repeated several times, and subsequently, the altcoin dies, which does not happen at all with bitcoin. Therefore, in my opinion, it is worth relying on bitcoin, but, of course, you should not invest everything in it so as not to deprive yourself of your livelihood.
July 17, 2022, 09:38:50 PM
Still should diversify but going significantly or heavy into bitcoin should be fine as long as it isn't your only option- just my opinion. There are some worthy shitcoins but be wary as many have no other purpose than to relieve you of your bitcoin.
For shitcoins, better to avoid it. Why we should buy shitcoins if there are a lot of top coins at cheap prices? I don't say no shitcoins are worthy, but top coins deserve to be our priority this time. I sometimes buy altcoins with low market caps, but I never did it during the bearish season. I will focus to buy more Bitcoin with 70% of my funds, and 30% for top altcoins. I agree that diversification is needed, but don't diversify funds to shitcoins. IMO, DWYOR
July 17, 2022, 06:11:38 PM
Investing without having knowledge could make us easily got fall into the wrong investment. Like choosing coins to invest, research is a must not because having someone suggest it we also have to invest as well not giving the time to check it and this is the reason why many people had to lose their money instead of multiplying it.
As for me, investing in altcoins isn't a bad idea as long as it can be trusted and much more it was legit and has a working product as this is the only way it gives us some assurance that it will grow.
As for me, investing in altcoins isn't a bad idea as long as it can be trusted and much more it was legit and has a working product as this is the only way it gives us some assurance that it will grow.
July 17, 2022, 04:33:51 PM
Still should diversify but going significantly or heavy into bitcoin should be fine as long as it isn't your only option- just my opinion. There are some worthy shitcoins but be wary as many have no other purpose than to relieve you of your bitcoin.
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July 16, 2022, 12:26:42 PM
But the certainty in the post you made would get someone expecting you have a definite timing for bitcoin bull.
Op already said next couple of years meaning there's no definite time on his post so you shouldn't be expecting that from him but the truth is that, there's no lie in his statement. Bitcoin would be here until there isn't a cryptocurrency market to invest in anymore but majority of the altcoins won't exist in coming years. Just as the metaverse coins dominated the industry last year and this year, we'll have other alternative sectors dominating for coming years there by making the so called top coins today irrelevant or have very small share of the altcoins volume in tomorrow market which will result in making them not as popular as they were in the last bull run.
Investing in alts should never be done when Bitcoin is bleeding, because the market for alts follows the movement of Bitcoin with more effect. Best you wait until we have gotten a confirmation of a continuous upward movement for Bitcoin before you could pick some of your favorite alts that are showing signs of reviving with the market as Investing now could get you dumped on and the project could easily die with the bear market.
July 16, 2022, 08:54:37 AM
Don't forget about the Luna and Terra UST scenario. So yes, your alt can go x100 or x0.
Yes who would forget. Of course that statement is applicable to risk takers. We all knew how volatile and a lot of factors can do a good run for certain projects. We can be sure that there will be likes of Luna in the coming future but once bull run arrive once again. For sure that alts are gonna be more multiplier than btc and it did happened in the last run. July 16, 2022, 08:31:59 AM
I'm a Bitcoin enthusiast, but suggesting people to put all of their money in Bitcoin and ignore any other asset including stock is naive and like a paid shill. No one will know how Bitcoin performance on the next 5 years, even Bitcoin already survive for 13 years long, it doesn't have any guarantee it will survive at least 13 years more etc. It's still a fairly new decentralized currency that need to face many problem due to government centralization.
Diversify is needed, but don't diversify with shitcoins.
Diversify is needed, but don't diversify with shitcoins.
July 16, 2022, 08:12:18 AM
A lot of shit coins out there have deceived people in cryptocurrency instead of them putting everything into Bitcoin they chose to was resources on shit coins and other stock, this set of people will regret not puttin100% into Bitcoin give them the next 5 years from now a lot will regret not getting on board on totality.
Whether someone will regret something in 5 years or not is a completely irrelevant question for me - because everyone should decide for themselves and do what they want with their money. For some people, Bitcoin is simply a bad option for a number of reasons, not least because of the risk that comes from its volatility.
- Not everyone is capable of being their own bank, regardless of which crypto wallet they use, sooner or later they will make a mistake and lose everything.
- People who do not know the dangers of the Internet are in even greater danger, scams are everywhere, with a special emphasis on social networks.
- Despite the fact that the majority has a positive opinion about Bitcoin (if we take the forum as an example), past results are not a guarantee of future success - so let's not pretend to know what the future holds.
- As strange as it may sound to some, profit is not the most important thing when it comes to Bitcoin.
July 16, 2022, 08:00:07 AM
I agree that bitcoin is one of the most stable and secure investment options among cryptocurrencies.
However, there are other very good crypto projects and I see no reason why to limit yourself to bitcoin as the only investment.
Why limit investing to only crypto, after all?
There are also many other interesting investment opportunities such as in the energy sector, electric cars and others.
Every serious investor should diversify their investments in several stable crypto projects, as well as high-dividend stocks, real estate, start-ups and other promising business projects, and have a clear business strategy and exit strategy.
However, there are other very good crypto projects and I see no reason why to limit yourself to bitcoin as the only investment.
Why limit investing to only crypto, after all?
There are also many other interesting investment opportunities such as in the energy sector, electric cars and others.
Every serious investor should diversify their investments in several stable crypto projects, as well as high-dividend stocks, real estate, start-ups and other promising business projects, and have a clear business strategy and exit strategy.
July 16, 2022, 07:43:14 AM
A lot of shit coins out there have deceived people in cryptocurrency instead of them putting everything into Bitcoin they chose to was resources on shit coins and other stock, this set of people will regret not puttin100% into Bitcoin give them the next 5 years from now a lot will regret not getting on board on totality.
Bitcoin is not the only good coin here, we can have a lot of good choices here and seriously many are making more money with the altcoins compare to Bitcoin.I understand that Bitcoin is the king, but you should not go all in because that is more risky. If you believe on Bitcoin then so be it, but personally I will still choose to diversify.
July 16, 2022, 07:41:43 AM
You shouldn't put "everything you have" into anything, no matter how much of a sure bet you think it is. Invest what you can and what isn't essential to your personal well-being or the future of you and your family.
In as much as we all love Bitcoin and encourage everyone to invest in it, i will still have to disagree with you on you advising users to put 100% in Bitcoin, what then happens to the rule that says "Diversify"?
Diversify with different assets outside of crypto. Invest in precious metals, oil, gas, water, real estate, stocks. It is true Bitcoin is the only trusted crypto coin, but we can not deny the fact that some Altcoins have really proven themselves to be worth investing in, take for example, the likes of Ethereum, Binance coin, Cardano and the rest...
Yes, but does their value increase when Bitcoin is falling? Do they move independently from Bitcoin or do they rise when Bitcoin rises and fall when Bitcoin falls? In the months following the ATH of $69k when Bitcoin fell to below $20k, how did those alts perform? Has their value increased or did they crash alongside of Bitcoin? That's all you need to know about diversification. Like for example in current btc price, how much multiplier can it still do? 3x to 5x from here, right. But when you pick altcoins let say on the top 20, with its marketcap it can do more than 10x, 20x ot even more.
Don't forget about the Luna and Terra UST scenario. So yes, your alt can go x100 or x0. 
July 16, 2022, 07:17:38 AM
The thing is people don't understand bitcoin functioning and how it will be in usage in coming years like countries adopting it and for fast settlement LN channel are there with increasing bitcoin capacity but still they have to get into the dump of shitcoins giving them nothing but fake hopes for the future.
The people have perception in mind that bitcoin is expensive and will not give them much return but those shitcoins will give them nothing at all but still they go through it because their favourite influencers are telling them it's safe but to fill their pockets only.
Like this thread I created I miss the boat there are always such people who says these statements when prices are rising and when it's down they don't believe in it and wait for more dips which is not at all helpful.
So best is to accumulate as much you can for your future safety if you are true bitcoin optimist.
The people have perception in mind that bitcoin is expensive and will not give them much return but those shitcoins will give them nothing at all but still they go through it because their favourite influencers are telling them it's safe but to fill their pockets only.
Like this thread I created I miss the boat there are always such people who says these statements when prices are rising and when it's down they don't believe in it and wait for more dips which is not at all helpful.
So best is to accumulate as much you can for your future safety if you are true bitcoin optimist.
July 15, 2022, 10:16:45 PM
A lot of shit coins out there have deceived people in cryptocurrency instead of them putting everything into Bitcoin they chose to was resources on shit coins and other stock, this set of people will regret not puttin100% into Bitcoin give them the next 5 years from now a lot will regret not getting on board on totality.
100% bitcoin? Well I prefer to put some on my other baskets. I knew bitcoin is great but we cant deny that if you want to earn much bigger in terms of gain is you need to check marketcap and choosing a good altcoin is a really a game changer when it comes to profits.Like for example in current btc price, how much multiplier can it still do? 3x to 5x from here, right. But when you pick altcoins let say on the top 20, with its marketcap it can do more than 10x, 20x ot even more.
July 14, 2022, 05:27:37 PM
I was expecting that you will put the reason you saying that on the post link. It is understandable that bitcoin will rise back to its ATH and go pass it on the future and halving is fast approaching, so buying bitcoin now will be a good decision. But the certainty in the post you made would get someone expecting you have a definite timing for bitcoin bull.
July 14, 2022, 05:12:29 PM
A lot of shit coins out there have deceived people in cryptocurrency instead of them putting everything into Bitcoin they chose to was resources on shit coins and other stock, this set of people will regret not puttin100% into Bitcoin give them the next 5 years from now a lot will regret not getting on board on totality.
It is their choice, you can't force people to invest in something they don't want to but don't get tired of advising them to embrace bitcoin, some of them will learn after they get rekt especially during this kind of bear period that things are so hard for all altcoins. I also don't blame them sometimes because I was in one live stream on Tiktok and this guy probably gave many of his followers instruction to buy some shitcoins which didn't go as planned and was assuring them that bull run happens like crest wave yearly, i.e it will collapse a year and rise the second year, he was giving them words of confident that it will rise back next year and I was just shaking my head and smile. It is not as if they don't want to buy bitcoin, it is just that they receive wrong orientation from the beginning.
July 14, 2022, 03:54:42 PM
A lot of shit coins out there have deceived people in cryptocurrency instead of them putting everything into Bitcoin they chose to was resources on shit coins and other stock, this set of people will regret not puttin100% into Bitcoin give them the next 5 years from now a lot will regret not getting on board on totality.
Well, shitcoins were never a loss for some as they do it with the right timing. But for those who only invest randomly, and end up investing without timing, losses are surely inevitable for them. It's more on shitcoins were their eye opener before they start seeing the real worth of bitcoin. And i think that's normal for every investor. What matters is that they never miss the opportunity to invest in bitcoin while the market value is highly discounted. 
July 14, 2022, 03:43:11 PM
Perhaps it depend on the mindset of the investors, there could be just short term, so they put their money on meme and shit coins and hope that they will get rich quick. Some might succeed, if their timing is right. But obviously, we all know that bitcoin right now is very cheap and it's a good investment as hedge to your wealth. Specially on what is going on around, recession, war, inflation etc etc. But just remember though that there is risk and this might throw some people off in bitcoin.
However, there are also people who invest in them both, because they know that meme coins are good for short term profits while bitcoin destined for long term. But of course, investing in meme coins needs a lot of caution. That way, there will be no future regrets as you have not missed any chances or opportunities. But if you want to focus more on bitcoin, for me that creates a more profitable mindset, as bitcoin will always be the best crypto asset and buying right now makes the perfect timing to earn more bitcoin. 
July 14, 2022, 03:42:18 PM
this set of people will regret not puttin100% into Bitcoin give them the next 5 years from now a lot will regret not getting on board on totality.
100% of ones' crypto investment? Yes, I agree that Bitcoin is the best place to put that into100% of entire investments? No. Diversification is an essential part of investments.
Factor in the risks involved and balance your portfolio with a combination of fair, moderate and high risk assets which serves as a sort of protection from market uncertainty
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July 14, 2022, 03:25:27 PM
A lot of shit coins out there have deceived people in cryptocurrency instead of them putting everything into Bitcoin they chose to was resources on shit coins and other stock, this set of people will regret not puttin100% into Bitcoin give them the next 5 years from now a lot will regret not getting on board on totality.
In as much as we all love Bitcoin and encourage everyone to invest in it, i will still have to disagree with you on you advising users to put 100% in Bitcoin, what then happens to the rule that says "Diversify"? It is true Bitcoin is the only trusted crypto coin, but we can not deny the fact that some Altcoins have really proven themselves to be worth investing in, take for example, the likes of Ethereum, Binance coin, Cardano and the rest, all this are good alts to diversify on, you cant put everything on Bitcoin, and I don't advice anybody to put all their 100% investment on Bitcoin since we cant tell which coin will give us that X1000 we are hungry for in the shortest time period.
July 14, 2022, 03:08:03 PM
Perhaps it depend on the mindset of the investors, there could be just short term, so they put their money on meme and shit coins and hope that they will get rich quick. Some might succeed, if their timing is right. But obviously, we all know that bitcoin right now is very cheap and it's a good investment as hedge to your wealth. Specially on what is going on around, recession, war, inflation etc etc. But just remember though that there is risk and this might throw some people off in bitcoin.
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