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Topic: The most reliable coin to invest in is Bitcoin. - page 2. (Read 1136 times)

full member
Activity: 2520
Merit: 204
Reliable?  Bitcoin dropped 50% after hitting its all time high twice last year.  The Whales and Institutional investors can wreck havoc on the price whenever they like. The entire crypto market is coupled with Bitcoins rise and fall for now which is not healthy.
50% drop from hitting all time high twice last year?

where did you get that data? do you know that the price of bitcoin All Time High is 68k? and now we are at 44k meaning is that the half of 68k?  and again Whales and Institutional investors manipulation?

I'm tired of the same issue over and over again.

and still the most reliable coins to invest is Bitcoin lol.

bitcoin is the best crypto coin, so don't be disappointed by it. even when the price drops, some time later, the price will recover. however, when the price drops, you just have to hold it in. maybe at that time, you hear too much FUD, and make you unsure about it. however, believe me, that after that there will be a very high rise on this coin. personally, i really like this coin.
those people that don't trust bitcoin are the kind of people that only wanted an easy profit and hates to see their funds lowering in some time.
full member
Activity: 1834
Merit: 166
I would also prefer btc over alts as this is best option which provides you future guarantee of returns while all other altcoins maybe out of the market at that time.The community and demand is strong which carry on the price with it as whenever term crypto is heard the first thing that comes to anyone mind is bitcoin so you see how popular it is.Secondly if you are new and have not researched about lot of altcoins then why risk with them as many are scam also so for newbies this bitcoin investment is the best option with little risk.
hero member
Activity: 3010
Merit: 629
well, bitcoin is indeed the best choice of all cryptocurrencies currently available. I think, sometimes people use altcoins as a platform to make more bitcoin assets that they have.
only, I'm of the opinion that good coins hold not only bitcoin, but popular altcoins as well. I've proven it by holding ethereum long term, and it gives me quite a lot of profit. maybe you got that experience because you compared bitcoin to other unpopular altcoins.
Bitcoin and some top altcoins are indeed profitable to hold for long period. Bitcoin is the primary coin and should be our focus when we invest in crypto, but we cant deny that some altcoins are also worth it to invest in. Diversifying is not a bad idea, just make sure that you dig deeper to avoid shitcoins. Because if you're greedy to earn huge in snap then you might end up investing in wrong coins. Nevertheless its a must to know what you're getting into so you can understand the nature of the investment.
sr. member
Activity: 2436
Merit: 343
well, bitcoin is indeed the best choice of all cryptocurrencies currently available. I think, sometimes people use altcoins as a platform to make more bitcoin assets that they have.
only, I'm of the opinion that good coins hold not only bitcoin, but popular altcoins as well. I've proven it by holding ethereum long term, and it gives me quite a lot of profit. maybe you got that experience because you compared bitcoin to other unpopular altcoins.
Well, choosing the best coins to make a profit is really a good idea and that is why the majority had chosen Bitcoin out for the other cryptocurrencies. Yet, we can't just put everything to a single investment like Bitcoin, and simply spreading our funds to altcoins is much more preferred. But, it wasn't just all about choosing the right coins and choosing Bitcoin, it all matters on how we manage our investment because even choosing them couldn't guarantee a profit if we make bad decisions.
newbie
Activity: 5
Merit: 0
Of the cryptocurrencies, the most reliable is indeed Bitcoin, which is decentralized. There will be no worries about the project party running away, or someone manipulating the price.
In the war, it will not appear that buying one's own funds into Bitcoin cannot be converted into other currencies.
Bitcoin is the hallmark of cryptocurrencies, it is leading the way in cryptocurrencies, and nothing can knock Bitcoin down.
sr. member
Activity: 952
Merit: 281

Will it be possible if you could elaborate on which coins have dissapointed you so far from your investments? Given the track nature of altcoins in the market, if you closely monitor the prices or if you HODL it for long-term, then the results would most likely be the same as the prices of some majority of the altcoins depend on the price of BTC as well.

Personally, if you plan on HODLing long-term, then investing into BTC is the way to go. Similarly, there are people who compare BTCs as to investing into blue-chip stocks as its price may be high but the returns are somehow guaranteed in long-term investment.

The main reason why I prefer BTC over other alts is that price of alts are mostly dependent on BTC price fluctuations. Till date no alts has reached its peak or ATH while BTC is down and out (there may be few exceptions but its the trend). If somebody wanna go for diversify portfolio then he should built portfolio in such a way that 70 to 80% of his investment must be in BTC and rest should go in alts (top 20 alts at CMC).

Whether you invest in BTC or alt, key factor to success is patience aka HODLing. There is no way you can get rich overnight.
jr. member
Activity: 31
Merit: 26
If Bitcoin can fulfill the function of bearing USD + gold, it is still seriously undervalued
hero member
Activity: 1904
Merit: 510
Btc has been proving its ability and keep dominanting crypto market since years. It was worth of a few cents but now we can seen how it grows and skyrocket, become so bigger than mountain. I agree that, ups and downs also came in bitcoin history, crushed awfully so many time but again bounce back and never disappointed. If panic seller could understand this, then maybe we could see less manipulation in bitcoin chart
In fact, every year bitcoin is getting more popular, every year bitcoin is getting more and more interested by all people, starting from millennials, the small ones and even the old ones, even though bitcoin is still being opposed by the government but bitcoin enthusiasts have never decreased, unlike coins others are uncertain and do not last long.
hero member
Activity: 2268
Merit: 789
Hello.

I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.

Will it be possible if you could elaborate on which coins have dissapointed you so far from your investments? Given the track nature of altcoins in the market, if you closely monitor the prices or if you HODL it for long-term, then the results would most likely be the same as the prices of some majority of the altcoins depend on the price of BTC as well.

Personally, if you plan on HODLing long-term, then investing into BTC is the way to go. Similarly, there are people who compare BTCs as to investing into blue-chip stocks as its price may be high but the returns are somehow guaranteed in long-term investment.
sr. member
Activity: 1778
Merit: 309
Hello.

I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.
You are right, if you have a strong hands to hold then Bitcoin is the best investment for you, I will also suggest to also have another investment from altcoins which show high potential last year 2021, I prefer on investing on other coin also so that I will not be bored on waiting for Bitcoin to rise up soon.

Indeed, bitcoin will be the best and most suitable cryptocurrency for those who are into long term investing and for those who are willing to hold and have the patience it takes. If someone ask me why bitcoin out off all dozens of other coins, then my best answer is that bitcoin is the most reliable coins on the market now to invest in since it was created a decade ago and it is already proven overtime that it will always recover, so you're are guaranteed that it won't go to waste if you could just handle it correctly.
hero member
Activity: 1260
Merit: 510
it's true that bitcoin is the most reliable coin to invest in, as we know bitcoin is the number 1 coin, but it's possible that altcoins can also be relied on as investments like SOL in 2021 have good performance, and I'm still holding on and hope this year will be more than last year
member
Activity: 280
Merit: 30
Hello.

I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.


Some Bitcoin Investors have done extremely well.
hero member
Activity: 1050
Merit: 592
God is great
I have been working with bitcoin for so long now, bitcoin is the most reliable coin and safest coin .I can invest in bitcoin without any panic and I am used to bitcoin in different states of the market values, not that other  altcoins are not good or profitable ,their are good altcoin but I can't compare any coin to bitcoin.

I make investment in altcoin  but I do more investment in bitcoin because of how reliable bitcoin is, other altcoin are just clone of bitcoin,  in the  cryptocurrency market bitcoin is in charge.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
Hello.

I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.
Not decrease for a long time? Are you sure you are ready to invest in bitcoin and other crypto currencies? Back in 2017, bitcoin went up as high as 20k and went down back to 3k. The same thing can happen again. In fact, the price went down from $60k to $36k. So always be prepared for the price to crash.
Most of the top altcoins shouldn't be disappointing you unless you have decided to invest in one of those shitcoins that promised you a lambo.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
Hello.

I have been investing in Bitcoin as well as other coins for a long time.
Agree. Bitcoin is the best crypto for investment, moreover for long term investment / holdig. We have known the value of Bitcoin, the trust, and also the worth of BTC itself.
BTC may always face some difficulties because of FUD, but so far, it will be able to recover again. Although right now, the price of Bitcoin is still very volatile, more to drop more ignificant. But, it doesn't mean to decrease the value. We can still keep holding while waiting for the next bullish era.

For altcoin itself, some are worthy, but mostly they are shit coins. So, becareful when going to invest in altcoins.
member
Activity: 1092
Merit: 67
When you can see, most popular coins disappeared and most of them make you feel awkward situation, then definitely bitcoin is smartest choice among them. Bitcoin also decreased so many tome but it only disappointed them who sold off cause even after crushing market on 2017, bitcoin gives 2-3x roi which is big achievement who trust bitcoin and as you said, bitcoin will recovery in long term, so there is nothing to worry but hold tightly.

Thousands of alts have been abandoned and exited in this market, and yet, bitcoin is still maintaining its top position. It is more than a decade that no coin or token has replaced bitcoin, and I think, no alt will ever replaced its position for the next 5 years or so. This is why if you are a beginner in this market, better explore the bitcoin market first and then, just go with other alts once you are equipped with knowledge that may aid you in making a mistake with alt investments.
sr. member
Activity: 1115
Merit: 253
DGbet.fun - Crypto Sportsbook
When you can see, most popular coins disappeared and most of them make you feel awkward situation, then definitely bitcoin is smartest choice among them. Bitcoin also decreased so many tome but it only disappointed them who sold off cause even after crushing market on 2017, bitcoin gives 2-3x roi which is big achievement who trust bitcoin and as you said, bitcoin will recovery in long term, so there is nothing to worry but hold tightly.
hero member
Activity: 2716
Merit: 552
Hello.

I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.
You are right, if you have a strong hands to hold then Bitcoin is the best investment for you, I will also suggest to also have another investment from altcoins which show high potential last year 2021, I prefer on investing on other coin also so that I will not be bored on waiting for Bitcoin to rise up soon.

So your statement means you're not a strong hand then? Because you said strong hands prefer Bitcoin as the best investment, while you prefer to have a few promising altcoins because you get bored and impatient waiting for Bitcoin to reach your target lol. Correct me if I'm wrong.
I wouldn't advice the OP to invest in altcoin especially that he is disappointed with those alts he have invested before. He should stick to his plan and buy more Bitcoin when he have the chance. Hodling Btc is the safest thing you can make in investing to cryptocurrency.
legendary
Activity: 2338
Merit: 1023
DGbet.fun - Crypto Sportsbook
Hello.

I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin.

Bitcoin price may not be growing as strongly as other cryptocurrencies right now, but it is clearly the safest and most worth holding coin in the crypto market. If you are a crypto investor and you do not own some bitcoins, you are not a real investor.

I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.
Could we have entered crypto bear season?, likely to continue to decrease in the near future. But long time, bitcoin's value is bound to hit an all-time high one day.
hero member
Activity: 2478
Merit: 695
SecureShift.io | Crypto-Exchange
Unarguably yes, btc is the most reliable invest than any other coins you can think of, with btc you don't have to fear of what will happen to the project long term and your funds, btc price can fluctuate but the fact remains it always recover and do better than the previous price, after so many years of btc price movement there is no need for people to panic a lot during times like this, it is a matter of few months and the market will come back up.
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