Pages:
Author

Topic: Say. Bitcoins, not "cryptos" (Read 522 times)

legendary
Activity: 1638
Merit: 1156
December 12, 2022, 02:24:10 AM
#49
At present the number of cryptocurrencies is more than 22k, if we pay attention to Coinmarketcap every day appears at least 10 new listed coins, this makes us many choices but from the many bitter experiences make us better focus on coins who have a strong reputation, of course we are impossible Just relying on Bitcoin, some Altcoins have a good reputation.
Why it's possible to just rely on Bitcoin while you're said bitter experience make you choose coin with has strong reputation? you're contradicts yourself.

Some altcoins are good, can you show me which is good altcoins it is? if you mention the coins that listed on the top 10 or 20 on coinmarketcap, you're dumb. Those coins are only listed by the market cap only, not from the utility, trustworthy, decentralization, real case etc.

Someone can just create shitcoins and ask help for few whales to invest in big amount money to overtake Ethereum position.
sr. member
Activity: 1722
Merit: 252
December 12, 2022, 01:52:01 AM
#48
Many people can not wait to wait for rising, when the price has been rising and they immediately sell even though the profit is small, and the number of altcoins is currently tempting, I have also been investing a lot of altcoins and even meme coins but the result is a loss, better invest in top ranking coins so that Safer and profit opportunities are also large.
You can turn that into a bitter experience because you have suffered a loss so for now and in the future you don't need to see so many altcoins that don't have the potential to increase like the meme coin you said. Because I see that there are not too many altcoins that have good potential in the market, so you don't need to see too many altcoins for investment or trading because in the end you will also experience losses.

It's time to consider Bitcoin because it has proven to be better. Although it would not be wrong if you also like to consider altcoins like ETH and BNB, because they (the altcoins) also very often get a gradual increase in price when the market starts to improve. But Bitcoin is the first asset that you should consider at this point before it costs a lot more.


At present the number of cryptocurrencies is more than 22k, if we pay attention to Coinmarketcap every day appears at least 10 new listed coins, this makes us many choices but from the many bitter experiences make us better focus on coins who have a strong reputation, of course we are impossible Just relying on Bitcoin, some Altcoins have a good reputation.
hero member
Activity: 1960
Merit: 547
We are all the pieces of what we remember.
December 12, 2022, 12:52:23 AM
#47
I think what you say is true too, because I've seen some people who first knew Shitcoin but they didn't know about Bitcoin so they considered it the same. Even though in general it must be distinguished because Shitcoin was born for the short term or to make people who already like Bitcoin want to switch to Shitcoin. Because Shitcoin makers usually provide very tempting offers at the beginning of their manufacture. Even if it ends up being a scam.
Seriously, I think altcoin and bitcoin are the same when it comes to trading. However I would say both differ in their usage as well as the purpose for which they are made. Most altcoin developers create altcoins for the purpose of personal gain as most of them tend to focus on value rather than use cases. Bitcoin is not the case, the main purpose of bitcoin is as a currency and it is clear that today the use of bitcoin as a means of payment has increased rapidly.

It is true that not all altcoins are the same and not all of them are failed projects. Some altcoin can be considered as investments with their respective risks, however bitcoin as a decentralized asset will be very convincing.

Ignore the use cases of both, and talk about investing. I think both bitcoin and altcoins are good as both can bring us profit, but we need to know how to use them wisely to our benefit. Actually, I don't hate altcoins because during the bull season of 2021, many altcoins give me huge profits. But this bear season, I will give priority to bitcoin, the simple reason is that the bear season is when the market cleans up, so altcoins will die a lot, don't touch them and stay away from them now.
sr. member
Activity: 903
Merit: 391
December 11, 2022, 10:50:04 PM
#46
Many people can not wait to wait for rising, when the price has been rising and they immediately sell even though the profit is small, and the number of altcoins is currently tempting, I have also been investing a lot of altcoins and even meme coins but the result is a loss, better invest in top ranking coins so that Safer and profit opportunities are also large.
You can turn that into a bitter experience because you have suffered a loss so for now and in the future you don't need to see so many altcoins that don't have the potential to increase like the meme coin you said. Because I see that there are not too many altcoins that have good potential in the market, so you don't need to see too many altcoins for investment or trading because in the end you will also experience losses.

It's time to consider Bitcoin because it has proven to be better. Although it would not be wrong if you also like to consider altcoins like ETH and BNB, because they (the altcoins) also very often get a gradual increase in price when the market starts to improve. But Bitcoin is the first asset that you should consider at this point before it costs a lot more.
member
Activity: 1148
Merit: 58
December 10, 2022, 07:56:12 AM
#45
I hate when people lost their investments when they invest in shitcoins and then completely blame on Bitcoins. I mean they don’t care before investing a huge capital, but as soon as they lose the money, they just starts complaining. Bitcoins won’t disappoint it’s investors. I am not saying this, Bitcoins itself proving this. See the marketcap of Bitcoins. This is enough to prove what Bitcoins are capable of. Moreover due to the fixed amount of supply of the coin, definitely the price will go up in future. So yes, don’t panic and chill a bit.

You don't have to hate them cause I believe those complainers are people who don't know anything about bitcoin and they are being lured by others to invest in shitcoins and when they lose they blame bitcoins without knowing that Cryptocurrencies including bitcoins and shitcoins. Teach them the difference between bitcoin and altcoins, they will find a real investment and no more complaining about bitcoins.
While some of them are indeed lured by wrong information yet many of them are greedy investors that wanted to earn easily that is why they ended up being a loser.

Imagine there are already bitcoin that can be hold for semi long term but they chooses to invest in quicker moving coins but eventually stagnant to almost zero value  lol.
legendary
Activity: 2842
Merit: 1152
December 10, 2022, 06:54:01 AM
#44
Meanwhile bitcoin, the largest crypto is down 1% following the news about the scam. That's why I never talk to random people about bitcoin because I would have to explain that the crypto scam that was in the news a month ago is not the one that I'm buying.
You may not need to talk to random people but I guess we must need to talk to friends and colleagues to make them adapt bitcoin when they start showing interest on cryptocurrencies or crypto related news. I strongly believe that entire altcoin industry is working as marketing team to make people to get aware of the existence of cryptocurrencies either positively or notoriously. When an altcoin fail, we can show them how strong bitcoin remains compared to previous years.

Yeah, when we compare bitcoin with 2021, it is in negative growth whereas if we compare it by the times of 2020, we are in progress. We do not need to showcase ATHs but we can explain how halving makes bitcoin investors richer every time.
legendary
Activity: 1974
Merit: 1150
December 10, 2022, 06:10:31 AM
#43
I think what you say is true too, because I've seen some people who first knew Shitcoin but they didn't know about Bitcoin so they considered it the same. Even though in general it must be distinguished because Shitcoin was born for the short term or to make people who already like Bitcoin want to switch to Shitcoin. Because Shitcoin makers usually provide very tempting offers at the beginning of their manufacture. Even if it ends up being a scam.
Seriously, I think altcoin and bitcoin are the same when it comes to trading. However I would say both differ in their usage as well as the purpose for which they are made. Most altcoin developers create altcoins for the purpose of personal gain as most of them tend to focus on value rather than use cases. Bitcoin is not the case, the main purpose of bitcoin is as a currency and it is clear that today the use of bitcoin as a means of payment has increased rapidly.

It is true that not all altcoins are the same and not all of them are failed projects. Some altcoin can be considered as investments with their respective risks, however bitcoin as a decentralized asset will be very convincing.
hero member
Activity: 910
Merit: 789
December 10, 2022, 05:33:44 AM
#42
You don't have to hate them cause I believe those complainers are people who don't know anything about bitcoin and they are being lured by others to invest in shitcoins and when they lose they blame bitcoins without knowing that Cryptocurrencies including bitcoins and shitcoins. Teach them the difference between bitcoin and altcoins, they will find a real investment and no more complaining about bitcoins.
I think what you say is true too, because I've seen some people who first knew Shitcoin but they didn't know about Bitcoin so they considered it the same. Even though in general it must be distinguished because Shitcoin was born for the short term or to make people who already like Bitcoin want to switch to Shitcoin. Because Shitcoin makers usually provide very tempting offers at the beginning of their manufacture. Even if it ends up being a scam.
legendary
Activity: 1176
Merit: 1005
crunck
December 10, 2022, 01:59:16 AM
#41
I hate when people lost their investments when they invest in shitcoins and then completely blame on Bitcoins. I mean they don’t care before investing a huge capital, but as soon as they lose the money, they just starts complaining. Bitcoins won’t disappoint it’s investors. I am not saying this, Bitcoins itself proving this. See the marketcap of Bitcoins. This is enough to prove what Bitcoins are capable of. Moreover due to the fixed amount of supply of the coin, definitely the price will go up in future. So yes, don’t panic and chill a bit.

You don't have to hate them cause I believe those complainers are people who don't know anything about bitcoin and they are being lured by others to invest in shitcoins and when they lose they blame bitcoins without knowing that Cryptocurrencies including bitcoins and shitcoins. Teach them the difference between bitcoin and altcoins, they will find a real investment and no more complaining about bitcoins.
sr. member
Activity: 2618
Merit: 439
December 10, 2022, 12:04:13 AM
#40
Right, if we keep waiting then we will never buy, it's better to buy immediately and if the price turns out to drop, then don't sell but buy more, as we know that Bitcoin has a power for rising so that when the market is dropping the best thing is to continue buying, And don't ever wait and hope the price can be cheap in the future.
who said that we need to wait? we need to accumulate while holding mate .. in crypto waiting is not worth it if we will not add something in our folio each time the value dumped .
like me I accumulate another set of coins recently and yes bitcoin is what holds big in my crypto funds.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
December 09, 2022, 10:38:49 PM
#39
the problem is that newbie nowadays first trust Altcoins(as those are being use to lure them inside crypto) and then eventually if they did not get what they want or they fail in shitcoins then turning into Bitcoin and demand so much increase to win back their losses in shitcoins.

Bitcoin  represent crypto ,  altcoin will be nothing without bitcoin.
legendary
Activity: 2758
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
December 09, 2022, 10:37:07 PM
#38
I found one post earlier from a higher rank that it should not be called an "investment" anymore. I don't know what's the reason, but I do agree with it.
Sorry I cannot find his/her post anymore. (I am used to just browsing this forum and reading.)
The thing about it is, I am a supporter of Bitcoin no matter what happens. If it goes down, then it becomes an opportunity, if it goes up, then thank God the demand is higher again.
It became a hobby to just buy it whenever I can at a reasonable price. Is it still an investment? For me it became a natural reaction to buy it when most buyers are in doubt.

You said you agreed not to call bitcoin an investment anymore, but what you then tell you are investing, your statement is contradictory. If you no longer consider it an investment, why wait for it to drop in price instead of buying it anytime and why look at its price? I don't believe anyone here says they buy bitcoin out of a natural reaction or out of a hobby whose end goal is not profit. If bitcoin stabilizes, how many people will stay in the market and will you stay?
member
Activity: 299
Merit: 11
December 09, 2022, 10:08:10 PM
#37
Right, if we keep waiting then we will never buy, it's better to buy immediately and if the price turns out to drop, then don't sell but buy more, as we know that Bitcoin has a power for rising so that when the market is dropping the best thing is to continue buying, And don't ever wait and hope the price can be cheap in the future.
full member
Activity: 1162
Merit: 106
December 09, 2022, 05:53:15 AM
#36
Many people are often confused by Bitcoin and Cryptocurrencies, they think that cryptocurrencies are only Bitcoin even though as we know that there are currently more than 20K Altcoins, it's only natural because they are not investing in Bitcoin, if they try investing it will understand things like this.
sr. member
Activity: 903
Merit: 391
December 08, 2022, 07:20:38 AM
#35
Some people still not understand the two and some know only bitcoin and don't know cryptocurrency. They only know the name of bitcoin and have not hear anything called cryptocurrency or altcoins. I think bitcoin covers the name of cryptocurrency a lot with the way the domination of the market by bitcoin. The volume of bitcoin is taking more than 50% of the market volume and same to dominance this is the reason every where is bitcoin in the lips of investors.
More precisely, it is because Bitcoin is the first digital currency that is known by many people and is already more well-known in every community. So it is natural that Bitcoin has a larger volume in the market and is able to dominate the market and also be able to be number one in the ranking of cryptocurrencies. Actually it is not difficult for them to understand what cryptocurrency is because there are so many explanations about it circulating on the internet and you can also directly ask people who already know it first.
full member
Activity: 1736
Merit: 121
December 08, 2022, 06:05:58 AM
#34
Some people still not understand the two and some know only bitcoin and don't know cryptocurrency. They only know the name of bitcoin and have not hear anything called cryptocurrency or altcoins. I think bitcoin covers the name of cryptocurrency a lot with the way the domination of the market by bitcoin. The volume of bitcoin is taking more than 50% of the market volume and same to dominance this is the reason every where is bitcoin in the lips of investors.
hero member
Activity: 2912
Merit: 642
December 07, 2022, 12:24:37 PM
#33
I found one post earlier from a higher rank that it should not be called an "investment" anymore. I don't know what's the reason, but I do agree with it.
Sorry I cannot find his/her post anymore. (I am used to just browsing this forum and reading.)
The thing about it is, I am a supporter of Bitcoin no matter what happens. If it goes down, then it becomes an opportunity, if it goes up, then thank God the demand is higher again.
It became a hobby to just buy it whenever I can at a reasonable price. Is it still an investment? For me it became a natural reaction to buy it when most buyers are in doubt.
hero member
Activity: 2870
Merit: 574
December 07, 2022, 09:30:04 AM
#32
I like the word HODL because that's what we have to do with bitcoin.
And even though many people can't still hold their bitcoins, we don't need to be like them because we also have our own goals.
And if we can endure it for some time, we will see how powerful bitcoin will be, which will shock all those who still don't believe in bitcoin.
It is only a matter of time before bitcoin is on the rise again and this time, it will pass its last ATH and book a new ATH.
hero member
Activity: 2646
Merit: 651
Want top-notch marketing for your project, Hire me
December 07, 2022, 08:29:07 AM
#31
Firstly, we are making some mistakes in the cryptocurrency space. It is "cryptocurrency" not "crypto". Crypto means secret while cryptocurrency means a digital currency.
Having said that, Bitcoin can not be separated from other cryptocurrencies because it's the foundation of all cryptocurrencies and what we need to make people understand is that Bitcoin is not like altcoin. However, the major people we have are the influencers that hype shitcoin which led to the loss of some investors.
Is that true? I don't think these two words are different, crypto is a cryptocurrency, there is no secret here, and both have the same meaning, is a digital currency.
There's no need for an argument mate on something that the answer or solution is glaring. From you believe crypto is a cryptocurrency, right? Please let's check what Google has to say about what "Crypto" means

Technically, when you say the word "Crypto" without adding the "Currency" you're talking about "Secret". I know people use "Crypto" as slang or to shorten the word "Cryptocurrency" but it has a different meaning.

Bitcoin is cryptocurrency, it is digital money and it is part of the market, but it is more special and different from the rest of the market. In investment, we should prioritize investing in bitcoin because this is the largest coin on the market and safer than the rest.
We are here to make a profit, and both bitcoin and altcoins fulfill that requirement, so we can invest anywhere as long as we feel it is right for us.
[snip]
I agree with everything you said except the statement I highlighted because people shouldn't invest anywhere that feels right for them and what they should invest in must be anywhere that feels right for the next bullish market.
sr. member
Activity: 826
Merit: 460
December 07, 2022, 07:10:22 AM
#30
  • What do you want to say?
  • What do you want to do?
  • What do you want to achieve with Bitcoin?
The thing that annoys me is when people around me say that Bitcoin is the same as any other coin or altcoin so I have to explain exactly what Bitcoin is and how it is different from altcoins, it is tiring but I really enjoy it with what I do.

Quote
Don't give up. We'll be there.
Of course, I will not give up, seeing the history of cycles like this has become my friend.
Not a few take advantage of Bearish to do FUD and say Bitcoin will die, Bitcoin will die, this is bitcoin's last breath and its value will be Zero. I don't think Bitcoin will ever reach Zero given that part of Bitcoin's circulation is locked in users' wallets, maybe the holder died, forgot the wallet password, or lost it. This makes me pretty sure Bitcoin will never go ZERO,  and I want to smile watching the FUD folks buy bitcoin when we reach the moon.
Pages:
Jump to: