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Topic: The most reliable coin to invest in is Bitcoin. - page 3. (Read 1136 times)

full member
Activity: 868
Merit: 202
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.

https://twitter.com/NEEDcreations/status/1495800849133719552

fiat and shitcoin are the failures of an fantasy, only Bitcoin is real

- Bitcoin Real Money
member
Activity: 1162
Merit: 58
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.
its always been the best choice mate, being in Bitcoin than other altcoins , i am not saying that altcoins are not bringing us profit but it is more practical and safest for bitcoin to be one.
i know the coin for year and i keep making money from this though sometimes this took long before taking my gain.
full member
Activity: 686
Merit: 100
Bitcoin is the most popular coi and most valuable coin to invest. Bitcoin is most favourite crypto many countries. Bitcoin  investment increase day by day.Nowadays people interested in bitcoin investment. Bitcoin is long term investment  coin i think. Few years ago bitcoin price was too low but it touched already $65k+ in 2021.I think when bitcoin price will grow up in future.

It's a bit difficult for us now to say that bitcoin will be able to pass back the price of $65k like last year but for that increase we currently need a lot of patience, maybe by the end of 2022, we look forward to the price of bitcoin going to the price we dreamed of, like what happened in the 8th month.  until the 11th month of 2021 yesterday.
hero member
Activity: 1344
Merit: 565
. Bitcoin is the first digital asset that pioneered the cryptocurrency ecosystem so that the popularity of bitcoin will always be like a living legend,
Bitcoin isn't really the first cryptocurrency,  before Bitcoin we have had b-money and Digicash although both failed because the were more centralized and was very open to government manipulation. The byzantine General problem which Satoshi was able to tackle is actually what  gave Bitcoin it's edge. Bitcoin is the first crypto currency that survived this Long and not the first created or developed and reasons been that it was devoid of central authorities been the middle man other rather the network is open to volunteer who serve as miner that make validation and confirmation of transaction and also adding transaction using append only into the Blockchain ledger
I wouldn't really say that both were active "currencies" like what Bitcoin is today because, for Digicash, "transactions were unique in that they were anonymous due to a number of cryptographic protocols developed by its founder." declared bankruptcy in 1998 so we can agree on centralization but,
b-money , it was one of the early, proposed cryptocurrencies but was never officially launched so we can't really say it was centralized and had every similarity with what Bitcoin and other cryptocurrencies have today. Could it be that Wei Dai it then developer understood where that will lead and eventually didn't want to go further with it? and why did eventually some anonymous Satoshi came with the same concept  Huh Huh Huh  

Anyways, Bitcoin is also for me the most reliable coin to invest in and history has shown this too.
sr. member
Activity: 966
Merit: 311
Yes.... so far it seems as though Bitcoin is recovering after every large drop in the price, so it gives people multiple opportunities to make a profit. Let me give you an example of what one of my friends did, when he bought at the all-time-high price of $18 000 and then when it dropped to $3000 and it took 3 years to recover.

He jumped in on $18 000 ...thinking that it will go much higher... but... the opposite happened. The price took a nose dive to $3000 and it took 3 years to get back to $18 000. So other people will never invest in something like that, but he said... f%^&k that, he bought 5 bitcoins at $3500 and he hoarded...and hoarded...and hoarded.... then the price recovered to $18 000, but he still did not sell, he just continued to hoard.

He eventually sold at $60 000 and made a profit of over $300 000 ......... (nothing else performed that well over the same period)  Wink

Your friend really has strong nerves as he saw his investment going down from 18k to 3k and even then he averaged his investment by buying more BTC at 3500$. One key rule of every investment sector is that never buy when price of token, stock or any-other commodity is at its peak, its time when whales are selling and vice versa. Buy when everyone fearful of buying and sell when everyone greedy to buy (Warren Buffet)
full member
Activity: 1358
Merit: 104
Bitcoin is the most popular coi and most valuable coin to invest. Bitcoin is most favourite crypto many countries. Bitcoin  investment increase day by day.Nowadays people interested in bitcoin investment. Bitcoin is long term investment  coin i think. Few years ago bitcoin price was too low but it touched already $65k+ in 2021.I think when bitcoin price will grow up in future.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Yes.... so far it seems as though Bitcoin is recovering after every large drop in the price, so it gives people multiple opportunities to make a profit. Let me give you an example of what one of my friends did, when he bought at the all-time-high price of $18 000 and then when it dropped to $3000 and it took 3 years to recover.

He jumped in on $18 000 ...thinking that it will go much higher... but... the opposite happened. The price took a nose dive to $3000 and it took 3 years to get back to $18 000. So other people will never invest in something like that, but he said... f%^&k that, he bought 5 bitcoins at $3500 and he hoarded...and hoarded...and hoarded.... then the price recovered to $18 000, but he still did not sell, he just continued to hoard.

He eventually sold at $60 000 and made a profit of over $300 000 ......... (nothing else performed that well over the same period)  Wink
hero member
Activity: 2604
Merit: 816
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Bitcoin will be the best mainstay for long term holders and undeniably because it will definitely be profitable and safe, and most importantly have to be patient and consistent in doing so and fluctuations will be a confusion or concern for those doing short and medium term.
But not in the long term, because the main goal is a new ATH or a high price and to achieve it will go through uncertain ups and downs and will be ignored in the long run, because the goal is a high price, even if you have to wait a very long time.

and it's good that investors have 3 methods, long term for bitcoin and short and medium term for altcoins and with a note they have to master all three, and it's much better and profitable.
I agree with you. By having 3 investment methods for bitcoin, we can choose which one is the best for us to get profit. Maybe we can make all 3 investments at once so if we take a short-term investment, we can sell some of the amounts we bought at a low price and take the profit. Meanwhile, we can hold other amounts for middle and long-term investment, which will benefit us in the future.

We will only sell bitcoins for a long-term investment when the price reaches the top price. But it will all depend on the strategies and plans we make and hopefully we can get big profits.
full member
Activity: 1134
Merit: 140
Investing in bitcoin is a smart option. Bitcoin is the first digital asset that pioneered the cryptocurrency ecosystem so that the popularity of bitcoin will always be like a living legend, this has a positive impact on bitcoin price fluctuations because it is certain that it will always exceed its maximum value from time to time. The key is just patient and good at assessing the market.
Yeah that’s right, being the first cryptocurrency to be created gives Bitcoin so many advantages in the market. And that is why it has remained at the top and can’t be beaten by any other cryptocurrency that has been created so far; a lot of them with the aim of defeating Bitcoin and being the top cryptocurrency overall are not able to achieve that.

As long as the cryptocurrency market continues, anyone who hears about the word cryptocurrency will always think of Bitcoin before any other cryptocurrency there is. Bitcoin has more popularity than any other cryptocurrency in the market. So, it will always continue to be ahead of them and that also makes it a better choice for investment, because there is every opportunity that it will keep on growing in the future.
hero member
Activity: 2590
Merit: 644
I wouldn't say reliable though, that can mean that you can just pull off your bitcoin anytime and still get a profit, I think it's more on trusted rather than reliable. Remember that investing is risky and there's no such thing as a reliable investment because all of them are vulnerable to bear markets and that could spell disaster for someone who thought that they're reliable.
^ You have made a point on this and I agree that there is no reliable investment but BTC belongs to the investment that you could trust to hold and gain profit when there is a healthy market after buying on it. Everything in crypto was very risky but only BTC has trusted there are not those altcoins that could there is a possibility of losing the value in the long run. However, BTC is still considered a good investment no matter it is reliable or not from your point of view.
sr. member
Activity: 1045
Merit: 273
Right now, there wouldn’t be a better choice to make than Bitcoin. Bitcoin has always been the better choice for every investor who wants to start investing in the cryptocurrency market. That’s why you would see most people advise you that whenever you are investing in the market that majority of your investment fund should go into Bitcoin, why whatever is left of it can then go for the altcoins market. That’s because they really know that Bitcoin is much more important and would be worth your investment over the years than any other coin that you would be choosing.

Yet, we have had so many options, so many coins have been created over the years, but after everything you still come to realize that Bitcoin remains the best.
sr. member
Activity: 2366
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Investing in bitcoin is a smart option. Bitcoin is the first digital asset that pioneered the cryptocurrency ecosystem so that the popularity of bitcoin will always be like a living legend, this has a positive impact on bitcoin price fluctuations because it is certain that it will always exceed its maximum value from time to time. The key is just patient and good at assessing the market.

All of us here admit that bitcoin is the safest and most profitable crypto for us to hold, but in my opinion if we have a small capital and want a quick profit, actually bitcoin is not the right choice, although bitcoin is a crypto that is volatile but for trading or investment short term can't give big returns compared to other altcoins like trx, bnb, eth or others, I think bitcoin is only suitable as long term investment asset nowadays.
There is no safest coin because even bitcoin is bound to experience price fluctuations. The bitcoin price may confuse many holders to decide whether they can still keep their bitcoins or sell them as soon as possible before they lose money.

If you have a small capital and want to make a quick profit, altcoins will be a good choice but to trade, you need to have skills in analyzing market conditions. But if it is an investment in crypto in the long term, bitcoin will be the right choice, while, altcoins are only a short to medium-term investment.
Bitcoin will be the best mainstay for long term holders and undeniably because it will definitely be profitable and safe, and most importantly have to be patient and consistent in doing so and fluctuations will be a confusion or concern for those doing short and medium term.
But not in the long term, because the main goal is a new ATH or a high price and to achieve it will go through uncertain ups and downs and will be ignored in the long run, because the goal is a high price, even if you have to wait a very long time.

and it's good that investors have 3 methods, long term for bitcoin and short and medium term for altcoins and with a note they have to master all three, and it's much better and profitable.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
Investing in bitcoin is a smart option. Bitcoin is the first digital asset that pioneered the cryptocurrency ecosystem so that the popularity of bitcoin will always be like a living legend, this has a positive impact on bitcoin price fluctuations because it is certain that it will always exceed its maximum value from time to time. The key is just patient and good at assessing the market.

All of us here admit that bitcoin is the safest and most profitable crypto for us to hold, but in my opinion if we have a small capital and want a quick profit, actually bitcoin is not the right choice, although bitcoin is a crypto that is volatile but for trading or investment short term can't give big returns compared to other altcoins like trx, bnb, eth or others, I think bitcoin is only suitable as long term investment asset nowadays.
There is no safest coin because even bitcoin is bound to experience price fluctuations. The bitcoin price may confuse many holders to decide whether they can still keep their bitcoins or sell them as soon as possible before they lose money.

If you have a small capital and want to make a quick profit, altcoins will be a good choice but to trade, you need to have skills in analyzing market conditions. But if it is an investment in crypto in the long term, bitcoin will be the right choice, while, altcoins are only a short to medium-term investment.
sr. member
Activity: 1386
Merit: 250
1XBit.com
Investing in bitcoin is a smart option. Bitcoin is the first digital asset that pioneered the cryptocurrency ecosystem so that the popularity of bitcoin will always be like a living legend, this has a positive impact on bitcoin price fluctuations because it is certain that it will always exceed its maximum value from time to time. The key is just patient and good at assessing the market.

All of us here admit that bitcoin is the safest and most profitable crypto for us to hold, but in my opinion if we have a small capital and want a quick profit, actually bitcoin is not the right choice, although bitcoin is a crypto that is volatile but for trading or investment short term can't give big returns compared to other altcoins like trx, bnb, eth or others, I think bitcoin is only suitable as long term investment asset nowadays.
sr. member
Activity: 1666
Merit: 426
I wouldn't say reliable though, that can mean that you can just pull off your bitcoin anytime and still get a profit, I think it's more on trusted rather than reliable. Remember that investing is risky and there's no such thing as a reliable investment because all of them are vulnerable to bear markets and that could spell disaster for someone who thought that they're reliable.
hero member
Activity: 3010
Merit: 666
It’s the best long term coin along with ETH in my own opinion. Because no matter if they go down, they will always bounce back stronger than ever. It’s best however to do DCA on Bitcoin regardless of the price, that is if you can afford to lose a small percentage of your income, salary, etc.
Not to question the potentiality of Bitcoin and ETH as it was been known since the early days of crypto. And I believe that majority of the investors are investing more shares in BTC than altcoins which is literally the best thing to do.
I invested in BTC and aim for the long-term (3-4years) coz I was thinking that I can double my money at that time.
For me, it wasn't just only a pure investment but I was also preparing the future where we can make use of them to make purchases.
hero member
Activity: 1680
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Bitcoin- in bullish time
That definitely a wise choice when investing in cryptocurrency. Bitcoin is obvious to have the potential since before but people just ignore it until the moment has come that it becomes popular and many rich people had come. But of course, we can't just ignore the potentiality of some coins as there are still many of them that are reliable like ETH and BNB and many more. It is indeed we need to buy them are the right time which is during the dip but buying them during the bullish season could somewhat lose our opportunity to gain more.
sr. member
Activity: 2016
Merit: 283
No wonder why bitcoin is the most reliable when it comes investment in the crypto space, because indeed many people still relying in it rather than alts especially if their purpose of investing is for long run..

You know why? Well because obviously most investors that investing in alternative crypto currency dont hold and they used to make quick profits reason most alts experience rug pull after hitting high value.

Unlike bitcoin holders and whales wherein they wants to see bitcoin improving reason most investors sees its always a smart idea to invest bitcoin than alts because surely afterwards they can make good returns from it.
hero member
Activity: 2282
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It’s the best long term coin along with ETH in my own opinion. Because no matter if they go down, they will always bounce back stronger than ever. It’s best however to do DCA on Bitcoin regardless of the price, that is if you can afford to lose a small percentage of your income, salary, etc.
hero member
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Investing in bitcoin is a smart option. Bitcoin is the first digital asset that pioneered the cryptocurrency ecosystem so that the popularity of bitcoin will always be like a living legend, this has a positive impact on bitcoin price fluctuations because it is certain that it will always exceed its maximum value from time to time. The key is just patient and good at assessing the market.
While the others are still skeptic with bitcoin and think that it's not a smart choice to invest with. We holders of it are going to see the higher value of it in the near future.

Bitcoin has taught us to be patient and that has became our normal attitude towards the market. We've been more patient than before after learning that this is a long game that we should take heed as we stay.
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