Topic: The reason why I hate BITCOIN - page 18. (Read 4710 times)
The emotional trader. You are my paycheck. Thank you!
To be frank, I have the exactly thought as you , it’s all about risk and reward , bitcoin shows me higher risk compare to its reward and no chance to go 10x , I mean not in near future and bitcoin itself may be the earliest blockchain application but it’s changing and updating too slow, the transaction is freakin slow and expensive right now too ! So i dont actually hold too much bitcoin but altcoin with better potential instead
what is wrong with bitcoin? too many people is agree that bitcoin is another solution for us to make money, bitcoin help us to earn something value in our life. bitcoin itself give a value for us and i think bitcoin is our investment although bitcoin can not give us big ROI like the op said, at least we can trying to earn more bitcoin so finally we can earn more money. i think it is not about 1000-5000% ROI but for me, no matter how much the amount, i don't hate bitcoin.
Maybe you like altcoins so from there you are biased with bitcoin...
I am never thinking to hate bitcoin and I don't understand why some people hate bitcoin.. bitcoin give many advantages and as long I know altcoin more risky for invest than bitcoin.. you must to realize if you look the prices chart of bitcoin is really high now, bitcoin is better than altcoin..
I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.
I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.
Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.
Do you hate Bitcoin? Give reasons why you do or don't
You hate bitcoin because it doesn't give you 1000-5000% ROI? Bitcoin is the 1st crypto-currencies so altcoins I think is just also relying in bitcoin. If not with bitcoin there is no altcoin! I love bitcoin and many people love bitcoin because it is increasing and their savings with bitcoin is going up too. So what is your problem with it? If you really want to have a lot of earnings then you should work harder. I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.
Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.
Do you hate Bitcoin? Give reasons why you do or don't
There is one reason to hate bitcoin - if you are a bad player on the exchange.
stick around with altcoins for a longer time than just 2-3 months and you change your mind, just like that.
here is how it is going to go down.
the inevitable altcoin dumps will affect you too at some point, and since you are believing in them you will continue to bag hold. that leads to loss. your first loss. but since you don't want to accept it, you won't see it for some time. the loss will grow and soon you can't handle it and will dump at 50%-80% loss.
now you only have 20%-50% of your initial investment to work with and come back to bitcoin.
here is how it is going to go down.
the inevitable altcoin dumps will affect you too at some point, and since you are believing in them you will continue to bag hold. that leads to loss. your first loss. but since you don't want to accept it, you won't see it for some time. the loss will grow and soon you can't handle it and will dump at 50%-80% loss.
now you only have 20%-50% of your initial investment to work with and come back to bitcoin.
It seems to me that you are not right. No one is stopping you to think and use altcoins. What is wrong is that your bitcoins are increasing in price? It can help you to compensate for possible losses from bad investments in altcoins. Besides, bitcoin won't grow constantly. Those who just sell their coins will remain with income. Others may lose everything they have.
Of course that i don't hate bitcoin, Its contrary, I like it so much, and i prefer to collect bitcoin than collect other alternatives coins that have a low or a medium potential, because, i believe that bitcoin is the best cryptocurrency for investing, It's right that other altcoins are good, but bitcoin is better in my point of view.
I think different people may have different reason to hate bitcoin, although i cannot see such reason for which one can hate bitcoin, but everyone has their own psychology, In think people can only ignore bitcoin if they do not really know about it, who do not have any proper knowledge about bitcoin. I am sure if such people are properly introduce about bitcoin, i am sure that they will certainly start loving bitcoin and will immediately become part of bitcoin world. I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.
I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.
Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.
Do you hate Bitcoin? Give reasons why you do or don't
I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.
Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.
Do you hate Bitcoin? Give reasons why you do or don't
Investors like you are the kind of people I would refer to as hungry investors, you're only rushing for the gains not even minding the security of your business. AltCoins are good though but they can never meet bitcoin, with bitcoin all you just need to do is to be patient and watch your investment rise, while am so sure that altcoins can give you heart attack because the price can just rise very high and then drop and would never reach that high price again.
There is no reason for me to hate Bitcoin. Although BTC price is not rising by 10x or 100x, it has been rising steadily.
I do agree if you find the promising altcoins, the profit can be huge giving you 100x time return or so.
So investing in both Bitcoin and Altcoin is a good strategy to diversify risk.
I do agree if you find the promising altcoins, the profit can be huge giving you 100x time return or so.
So investing in both Bitcoin and Altcoin is a good strategy to diversify risk.
Of course that i don't hate bitcoin, Its contrary, I like it so much, and i prefer to collect bitcoin than collect other alternatives coins that have a low or a medium potential, because, i believe that bitcoin is the best cryptocurrency for investing, It's right that other altcoins are good, but bitcoin is better in my point of view.
Depending on each person, you may hate Bitcoin, but now millions of people around the world still love it, still investing in it and making it grow more. And I think the way you invest will be different for you, but actually investing in Bitcoin can help you earn more money than many other Altcoins.
I was asked by a friend why I don't promote Bitcoin { why i hated it} but love promoting altcoins. My reply was that Bitcoin can't give me 1000-5000% ROI in 2-3years time anymore but with altcoin that is possible.
I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.
Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.
Do you hate Bitcoin? Give reasons why you do or don't
I think to hate bitcoin for me is not there at all because until this moment I still get a profit that I think is very meaningful for me. but for the reason why you hate bitcoin I think you are less in analyzing about the advantages and disadvantages in bitcoin I notice that each time I promote Bitcoin, I'm giving the early investors easy passive income why I settle for chicken gain.
Honestly I will prefer $50,000 in altcoins (with possible potential, underpriced and undervalued) than in Bitcoin.
Do you hate Bitcoin? Give reasons why you do or don't
Until whenever I can not hate bitcoin it all starts from there, maybe your best choice falls into bitcoin because you got a profit there but for my taste I prefer bitcoin because I see it has a very high price potential in the future. If you buy the first time bitcoin appears you probably will not hate it because now you have become rich in this world because bitcoin is not altcoin. Everyone's thinking varies depending on how people see the future of bitcoin...
when u keep it on bitcoin u will never get that Lambo, u have to take some risks to be at that point
It's your opinion and I respect that, but from my point of view you are missing the entire purpose of bitcoin. You apparently just see it as a way to trade and earn some cash. Although it allows you to achieve that goal, since right now it works mostly as an asset, I don't think that's the true value or purpose of bitcoin. If you think the only value in crypto is that the price of a given coin will rise in the future, then you are describing a bubble...
Bitcoin has value on itself. It's secure, decentralized, it's not dependent in the middle man to make a transaction (banks), it can work as a store of value because it's scarce (like gold) but it can be used as an online currency, it's not dependent on governments (so it wont be affected by inflation when bad governments mess up the economy of a country). The list could go on and on, and most alts don't offer you that. Some of them are just used for pump and dump. That can give you profit in short term, but since most of them are just empty, I cant see them as a true investment.
I'm not against trading, but bitcoin can be used to so much more than that. I think you "hate" bitcoin, simply because you don't understand it.
Bitcoin has value on itself. It's secure, decentralized, it's not dependent in the middle man to make a transaction (banks), it can work as a store of value because it's scarce (like gold) but it can be used as an online currency, it's not dependent on governments (so it wont be affected by inflation when bad governments mess up the economy of a country). The list could go on and on, and most alts don't offer you that. Some of them are just used for pump and dump. That can give you profit in short term, but since most of them are just empty, I cant see them as a true investment.
I'm not against trading, but bitcoin can be used to so much more than that. I think you "hate" bitcoin, simply because you don't understand it.
Exactly, I can't hate bitcoin
It can make me rich hh
I really do not understand why you can hate bitcoin..
BTC made you something wrong or what?
It can make me rich hh
I really do not understand why you can hate bitcoin..
BTC made you something wrong or what?
There's a strong chance you're going to end up really, really, really hating altcoins when Bitcoin shakes off all the doubt they fed so successfully on and slaughters all but the worthiest of them.
Depends on the alts.
Bitcoin's adoption has stalled in the last there years while people argue about blocksize etc. Most of the action is taking place in the alt space - see ethereum for example, plus a bunch of other innovative coins.
People keep thinking first mover advantage means bitcoin will always be ahead. But that's not the case.
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