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Topic: Reasons why I prefer Bitcoin over any other assets and dips don't panic me.... - page 4. (Read 1621 times)

full member
Activity: 2548
Merit: 217
we as miners in the crypto investment world today, of course we no longer feel panicked by things that are happening today, how bitcoin has dropped so drastically and even got so hard opposition from various countries but that doesn't make us as miners panic at all things that are happening like now, it can't be separated from a bitcoin investment that is so long that we can hold back our feelings not to release it on the stock market at the current price
So you are Miner ? then why will you panicked if you have all the chances to sell your Bitcoin back when the price reached ATH?
and also you can keep your coins longer as you already Knew that this can go High and High every Halving season?
Just Keep your coins and never bother being paranoid in how people doing now, because more than everyone here you knows what is the future of crypto as you risked long mining this coin.
sr. member
Activity: 1330
Merit: 256
we as miners in the crypto investment world today, of course we no longer feel panicked by things that are happening today, how bitcoin has dropped so drastically and even got so hard opposition from various countries but that doesn't make us as miners panic at all things that are happening like now, it can't be separated from a bitcoin investment that is so long that we can hold back our feelings not to release it on the stock market at the current price
legendary
Activity: 1974
Merit: 2124
The only problem I don't have enough Bitcoin HODling is because I don't have enough funds to keep accumulating even so with the little I have been able to trade over time, it has always been with profits. Bitcoin is truly one if not the best place to invest in since 10 years ago and I believe this will continue and all you need is patience with the market sometimes.
See man we have to go beyond our comfort zone if we really want to secure our future and if you think btc could help you then you need to take some extra steps to accumulate bitcoin with you.There are ways in which you can have btc with you by earning them also like sell some goods for it or your services in exchange of Bitcoin but you have to do it yourself.Bit if you will always come up with these kinds of words believe me nothing is gonna happen.I have been DCA investor for some time and you might have heard the term before but it's best.


These small investment do make the big difference in the long run away from what we imagine and you don't feel burdened at same time and have bitcoin also with you to enjoy the rest of life.Take step ahead and you will feel how good your decision was to invest in Bitcoin.But it's only a suggestion not forcing you to do so as we have to look for our financial responsibilities first and then other things.
full member
Activity: 1512
Merit: 115
The only problem I don't have enough Bitcoin HODling is because I don't have enough funds to keep accumulating even so with the little I have been able to trade over time, it has always been with profits. Bitcoin is truly one if not the best place to invest in since 10 years ago and I believe this will continue and all you need is patience with the market sometimes.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
No doubt, Bitcoin is exactly the most reasonable asset to have, in whatever the market condition, this actually will not really influence tot he long term holders. We trust in Bitcoin and how tis first crypto journey from 2009 until right now. Up and down are always here with Bitcoin, many more FUDs are spreading about Bitcoin. But see? Bitcoin is still here, rising tot he top again and again. Even this may be like a wave, up and down for the price, make many people so panic, but in fact, Bitcoin never lie, this coin will be back again to make that most valuable thing become true.
Only time will tell.
But if we are exactly a panic person, well, see goodbye,  Cheesy
sr. member
Activity: 1498
Merit: 443
If we follow the price movement of Bitcoin from their inception until now we will definitely be amazed by it and that's why many investors join and invest in Bitcoin. as we know that the price of Bitcoin can skyrocket in the market and it will provide big profits for investors. investing in Bitcoin is just like any other investment which certainly has advantages and also risks but as long as we follow and manage it well then we don't have to worry about it. Bitcoin is still a crypto target for crypto lovers and that is why it is believed that the price of bitcoin will skyrocket in the future.
sr. member
Activity: 1666
Merit: 268
yea i agree with you, traditional money or conventional money have a defaluation every year, its mean that the value of the money are decreasing every year, for example 10 years ago in my country, 0.4$ can buy the 1litre of gas, but right now 0.4$ can buy 0.5 litre of gas, its a defalutaion
its very different with bitcoin, in 2011, bitcoin are priceless, but we can see right now, bitcoin is the most expensive cryptocurrencies in the world

After getting to know Bitcoin I am increasingly convinced that Bitcoin is the best to be able to generate profit compared to other assets. Moreover,
Bitcoin's performance is not affected by the pandemic situation, even Bitcoin this year managed to provide a very large profit. Regarding traditional
currencies, each year always experiences inflation, so its value will continue to decline. Therefore, I am no longer interested in saving money at
the bank. Especially in a pandemic situation, all countries are printing money, this will cause hyperinflation and traditional currencies will continue
to decline in value. While Bitcoin supply is limited, so every year the price will continue to rise. So with the decline in the price of Bitcoin now there is
no need to worry, because with increasing demand, Bitcoin price will recovered soon and could reach new ATH. If we want to get rich, investing
in Bitcoin is the answer.
sr. member
Activity: 938
Merit: 250
You just let believe you are common Gregor.

We are gonna be super gentle.

Only those who are new in crypto are worried about the dumps. The people who are in crypto for few years know that these dumps are not permanent. For the newbies, there is no need to worry about the Bitcoin price dump. Sooner and later this dump will be over and bitcoin will reach new highs.
the base is this is investment, gold has decreased in price, also the other investment. bitcoin is like stock, they can drop anytime, in just second. what we afraid is, how many bitcoin do we have? store as much as possible is good than just panic about dump and pump.
sr. member
Activity: 2030
Merit: 356
You just let believe you are common Gregor.

We are gonna be super gentle.

Only those who are new in crypto are worried about the dumps. The people who are in crypto for few years know that these dumps are not permanent. For the newbies, there is no need to worry about the Bitcoin price dump. Sooner and later this dump will be over and bitcoin will reach new highs.
legendary
Activity: 1974
Merit: 2124
Well... I can honestly say.. Bitcoin BTC has been my best investment I have ever made. I bought bitcoins BTC when the price was just over $300 per coin and I do not regret it for one second. I have sold some bitcoins at $17 000 in 2017 and I kept enough to sell some more at $25 000 and then again at $40 000 and lately when it reached the all-time-high.  Wink

Bitcoin has changed my life and my financial situation significantly and I will support it and promote it and educate people about it ...as payment for all that it done for me.  Wink
That's the right strategy as why should we regret if we want to hold bitcoin for long term investment plan and know it will rise over time and the best part is all other great financial assets have been down from long and what returns could we expect from them? The fiat is going down,gold is down and traditional stock market is risky and not too much good profits for me personally so I am left with bitcoin as the best plan and that's why i don't fear investing and holding it for my lifetime.

But still you know people will argue over it who has no idea about the Bitcoin and will pretend as everything is fine in the real world and fiat is okay and inflation is nothing at all but they all know inside what's the truth and it cannot be overshadowed for long.Bitcoin is true power of funds and freedom.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Well... I can honestly say.. Bitcoin BTC has been my best investment I have ever made. I bought bitcoins BTC when the price was just over $300 per coin and I do not regret it for one second. I have sold some bitcoins at $17 000 in 2017 and I kept enough to sell some more at $25 000 and then again at $40 000 and lately when it reached the all-time-high.  Wink

Bitcoin has changed my life and my financial situation significantly and I will support it and promote it and educate people about it ...as payment for all that it done for me.  Wink
sr. member
Activity: 1274
Merit: 293
My reason is very simple the why I prefer bitcoin than other is bitcoin does not depreciate instead it appreciate so when ever the market is going upside down you don't have to panic because it will surely normalize to it nature that my reason why I prefer bitcoin than other assets.
That's the case for any investment that has a long-term plan and has a tremendous lifespan, they continue to appreciate in value because they are a sought after investment, you can see this with the stock of Coca Cola, they have been over half a century already and their company is still growing, another example is Apple. Not just bitcoin but most investments are appreciating if they are a legitimate one.
member
Activity: 148
Merit: 10
My reason is very simple the why I prefer bitcoin than other is bitcoin does not depreciate instead it appreciate so when ever the market is going upside down you don't have to panic because it will surely normalize to it nature that my reason why I prefer bitcoin than other assets.
full member
Activity: 616
Merit: 100
yea i agree with you, traditional money or conventional money have a defaluation every year, its mean that the value of the money are decreasing every year, for example 10 years ago in my country, 0.4$ can buy the 1litre of gas, but right now 0.4$ can buy 0.5 litre of gas, its a defalutaion
its very different with bitcoin, in 2011, bitcoin are priceless, but we can see right now, bitcoin is the most expensive cryptocurrencies in the world
legendary
Activity: 1974
Merit: 2124

Despite the fact that dollar is devalued and we all know that US is printing it without any backing of physician stuff like gold. We still need dollar and other fiat for our daily living, even BTC value is measured in USD. Gold is still stable and matured market, thats why its has huge market cap. IMO we get over excited in describing BTC, which is not fair.
Have you ever tried to find out that why is inflation rising continuously and what government is doing to tackle those matters? They are just printing infinite supply of notes making them devalue over time and from a long time it was not backed by any asset at all which was just an illusion only.We need fiat in our daily lives and you are right on that point but here we are talking about future investment plans and what do you think i am paying with bitcoin all my expenses? No at this time we need fiat but having vision for future and how dollar have been devalued over time makes me worried and btc enthusiastic.

You said gold is stable and you are right as it has not given any returns in the past 10 years to the Holders and if you want such risky and useless investment then you are free to choose man as nobody restricts us to do so.

For me bitcoin is best and it might not be for you but saying bitcoin is not useful then gold and fiat is not fair and preety senseless according to me.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
Compared with other altcoins, Bitcoin has more complete technical support and is a safer investment currency. And bitcoin has brought huge benefits to many holders, and in the long run, the increase in people's demand for it will also cause the price of Bitcoin to continue to rise.
The demand will truly going to increase overtime.

It's the first choice of many and anyone who had an experience long with bitcoin, dips won't really be a thing right now. Just let it pass and also buy if you have money for doing it.

At this point you are absolutely right, many people enter BTC more every day, especially with small purchases, many enter with the hope of increasing their capital, of course they enter a market that is like a jungle, because everyone starts with a lot of courage and sometimes they do not resist the way, because the whales have their strategic plans very well established, those who enter with 500USD want to take it quickly to $ 1k and many times the market lowers the price to 250USD and this is something that they cannot resist and they leave, this depends a lot on the financial culture that one has, but the trend every day is to increase the demand for BTC, by pure logic as more demand enters the supply decreases causing BTC to increase in price.
That's right.

And there are the others that don't see it worth anymore on entering bitcoin because they think it's expensive and the growth has to be a lot for them to make money.

That's why they're ending up buying altcoins that with a few move of centavos, they make a bunch.
full member
Activity: 952
Merit: 105

Dollar devaluation

Gold devaluation


Despite the fact that dollar is devalued and we all know that US is printing it without any backing of physician stuff like gold. We still need dollar and other fiat for our daily living, even BTC value is measured in USD. Gold is still stable and matured market, thats why its has huge market cap. IMO we get over excited in describing BTC, which is not fair.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
Compared with other altcoins, Bitcoin has more complete technical support and is a safer investment currency. And bitcoin has brought huge benefits to many holders, and in the long run, the increase in people's demand for it will also cause the price of Bitcoin to continue to rise.
The demand will truly going to increase overtime.

It's the first choice of many and anyone who had an experience long with bitcoin, dips won't really be a thing right now. Just let it pass and also buy if you have money for doing it.

At this point you are absolutely right, many people enter BTC more every day, especially with small purchases, many enter with the hope of increasing their capital, of course they enter a market that is like a jungle, because everyone starts with a lot of courage and sometimes they do not resist the way, because the whales have their strategic plans very well established, those who enter with 500USD want to take it quickly to $ 1k and many times the market lowers the price to 250USD and this is something that they cannot resist and they leave, this depends a lot on the financial culture that one has, but the trend every day is to increase the demand for BTC, by pure logic as more demand enters the supply decreases causing BTC to increase in price.
sr. member
Activity: 1778
Merit: 309
My reason is very simple the why I prefer bitcoin than other is bitcoin does not depreciate instead it appreciate so when ever the market is going upside down you don't have to panic because it will surely normalize to it nature that my reason why I prefer bitcoin than other assets.
How can say that bitcoin is not depreciating? When in fact its market value dips in certain times.
There is much more simpler reason than that why is bitcoin is the most preferred assets despite of its volatility, it's because the market always recover and it is proven historically since 2009 that's exactly why there's no need to panic wether you're a trader or holder. That certain dipping is better to be viewed as an advantage to buy it now to make profits when it recovers, just like that! Just look at the bitcoin now, it's the most trusted crypto and preferred asset than any other.
member
Activity: 924
Merit: 15
Compared with other altcoins, Bitcoin has more complete technical support and is a safer investment currency. And bitcoin has brought huge benefits to many holders, and in the long run, the increase in people's demand for it will also cause the price of Bitcoin to continue to rise.
The demand will truly going to increase overtime.

It's the first choice of many and anyone who had an experience long with bitcoin, dips won't really be a thing right now. Just let it pass and also buy if you have money for doing it.
Always remember on invest on the amount which you can afford to lose and not going all in or making out some buy increments on the money you should really be saving  for your emergency funds or something like that even though Bitcoin does have some good potential
but it wont really be always giving out that kind of assurance.

We do have our own preference and beliefs but always be considerate about risk taking factor and wont really be thinking
about getting wrekt.

Invest on the amount which you could afford to lose and wont be tending on  going all in overall.
this is the important point because it is something like this must be done. In addition to making our finances not affected by inflation, it is also very useful to make us less panicked for long-term investments because it is very influential.
when the money we invest is not used for a long time then we will be very calm in holding coins, it's a different story when the money is money that is actually allocated for personal needs in real life because we don't know the needs in the real world when it will come and it could be come at an unexpected time
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