What's your favorite crypto;Bitcoin - page 3.

petulino

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Quote from: Bitcoin_people on June 16, 2023, 05:20:03 AM

Bitcoin is a virtual asset loved by everyone and everyone invests in it. I prefer and prefer bitcoin to all other crypto coins. Because Bitcoin is a coin that has a near future. If we want to invest in a virtual currency, there are definitely many risks. But investing in bitcoins is safe as there is no risk of losing money. and if Bitcoin is to be a long-term investment then it will be a great and profitable one in the future. If people want to invest for long term with faith then surely they choose Bitcoin. By investing in Bitcoin there is never a fear of losing money rather one can expect good profits from Bitcoin in the future.

There is no doubt that Bitcoin is the favorite crypto currency of all people and it is the desire of every person, that he has Bitcoin in his wallet. Bitcoin has its own importance but because of Bitcoin you can't ignore other altcoin.There are many good and strong projects in the market right now which have given huge returns to people in the past, and for the upcoming bull season too, there are projects that can be expected to yield huge returns.

I also agree with you that our capital is more secure in Bitcoin, but Altcoins in the market also have the chance of huge profits. So in my opinion, along with investing in Bitcoin, you should invest in good and strong coins in the market.

There is risk in small coins but a small amount of risk should be taken for high returns, but if you have chosen good coins, you can minimize your risk.

Cling18

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Quote from: borovichok on June 17, 2023, 10:43:15 PM

Quote from: Litzki1990 on June 17, 2023, 12:48:14 PM

Bitcoin seems to me to be the safest crypto currency. I can trust bitcoin but not so much on some others. I think Bitcoin will never disappear from the market and those who have invested in Bitcoin are really lucky to have invested in Bitcoin. Because I believe the price of Bitcoin is going to get a huge pump soon. As there is a possibility of Bitcoin pumping, those who invest during this period can expect to make good profits during the pumping period. Considering the current and past statistics or situation, I think the future of Bitcoin is very good.

The one thing I know about bitcoin's operation is that it has a promising future. Every project has its ups and downs, and Bitcoin is no exception. We can't say for certain that Bitcoin will vanish from the market, but to be on the safe side, always prepare your mind for the worst; the crypto field is full of horrific incidents. However, let us concentrate on Bitcoin because it is broad and reliable, unlike projects that pump and dump within a month or a week. Bitcoin has always been present, and the project has maintained equilibrium during both critical bear seasons and beneficial bull periods.

We've seen how Bitcoin changed and develop to become a top currency. It will never be a top and most trusted cryptocurrency for nothing. I agree that it's the safest coin that we could invest in especially if we are targeting a long-term investment. There are lots of coins that attempted to be like Bitcoin and reach the same achievements that it has reached but none of them succeeded. Bitcoin, compared to other coins has a stronger and well-established foundation and we can firmly rely on its potential only if we'll only be patient enough to wait for the bullish season.
Many investors who have doubted Bitcoin before have switched to investing in it after they have seen how it could resist and survive in every market situation. If you are a risk taker, it will all be worth it if you'll risk with Bitcoin.

borovichok

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Quote from: Litzki1990 on June 17, 2023, 12:48:14 PM

Bitcoin seems to me to be the safest crypto currency. I can trust bitcoin but not so much on some others. I think Bitcoin will never disappear from the market and those who have invested in Bitcoin are really lucky to have invested in Bitcoin. Because I believe the price of Bitcoin is going to get a huge pump soon. As there is a possibility of Bitcoin pumping, those who invest during this period can expect to make good profits during the pumping period. Considering the current and past statistics or situation, I think the future of Bitcoin is very good.

The one thing I know about bitcoin's operation is that it has a promising future. Every project has its ups and downs, and bitcoin is no exception. We can't say for certain that bitcoin will vanish from the market, but to be on the safe side, always prepare your mind for the worst; the crypto field is full of horrific incidents. However, let us concentrate on bitcoin because it is broad and reliable, unlike projects that pump and dump within a month or a week. Bitcoin has always been present, and the project has maintained equilibrium during both critical bear seasons and beneficial bull periods.

Dr.Bitcoin_Strange

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Quote from: Bitcoin_people on June 16, 2023, 05:20:03 AM

Bitcoin is a virtual asset loved by everyone and everyone invests in it.

In all your journey through the crypto space, have you found out anywhere that Bitcoin is loved by everyone or invested in by everyone? Do you have statistics to back that up? Even at present, you know that Bitcoin is banned in some countries, and the U.S. government, trying to crack down on the use of cryptocurrency. So, you just need to be aware that there are still quite a lot of people who disagree with Bitcoin.

What I'm specifically referring to is a case like "How to fight with FUD about Bitcoin"

I can even agree that the rate of people worldwide who have not invested in Bitcoin is greater than the number of people who have already invested in Bitcoin (anyone correct me if I am wrong). So, I really disagree with what you said.

Cheers 🥂, Dr.Bitcoin_Strange 👺👺

KingsDen

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Quote from: Inwestour on June 16, 2023, 07:00:40 AM

Quote from: KingsDen on June 15, 2023, 04:34:01 PM

Yea, this is right. It was of recent that I discovered this strategy that someone I know uses. Unlike the idea of HODL we hold esteem in the forum, he doesn't hold bitcoin for long. While I will be holding bitcoin and not bother of the price because I am on a long term plan, he will leave bitcoin for altcoins and whenever bitcoin falls, he will sell altcoins and buy bitcoin and hold. But then he doesn't also hold the bitcoin for long but he sells when bitcoin makes significant increase like from 20k to 25k.

I asked him why his method and he told me that he makes money doing this far more than what I will make holding bitcoin for 2 or 3 yrs. According to him, he makes money in the altcoins and also in bitcoin by selling and rebuying low, unlike me whose bitcoin grows and falls back in my wallet.

I don’t quite understand the moment with the sale of altcoins when bitcoin falls, because I see how much altcoins depend on bitcoin, if bitcoin falls, then altcoins fall even more, it was very clear a few days ago.

Let me explain again. I understand that it will be confusing in the context that I explained it. Let me use for instance we have been in the bear market for long and people who bought bitcoin in this bear period would have to hold until during halving when we will have another ATH.
But some persons will not buy bitcoin and hold throughout the bear period. Rather they will be trading with Altcoins and when the bull run is very close or when bitcoin is on very large discount, they will now enter the bitcoin market having made also so much money trading altcoins for months or years. I believe you will understand this better.

Litzki1990

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Bitcoin seems to me to be the safest crypto currency. I can trust bitcoin but not so much on some others. I think Bitcoin will never disappear from the market and those who have invested in Bitcoin are really lucky to have invested in Bitcoin. Because I believe the price of Bitcoin is going to get a huge pump soon. As there is a possibility of Bitcoin pumping, those who invest during this period can expect to make good profits during the pumping period. Considering the current and past statistics or situation, I think the future of Bitcoin is very good.

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Quote from: Bruce4 on June 07, 2023, 11:38:33 AM

Cryptocurrency has various digital currencies like altcoin,litecoin,cardano,bitcoin,ethereum.e.t.c

Is there any coin by the name altcoin? Or is it just an error from OP. I would be glad to be enlightened because from what I know by altcoin is the acronym for alternative coin which is coins other than bitcoin.

The recognition and wide acceptance of bitcoin by both individuals and governments like El Salvador, Central African Republic (CAR), is not unconnected to the feat that bitcoin as a digital currency among other digital currencies has been able to keep up in the lead of all cryptocurrency in the world for the more than a decade now and still counting. The freedom and control it gives you as an individual, alone, over your funds without external intrusion through regulations and policies as it is with the government fiat is something anybody that is so much interest in his financial security and privacy wouldn't think twice to embrace. For what is worth it there's something for anyone from bitcoin starting from fast transacts, security/privacy, financial freedom, decentralization, increasing value etc.

justdimin

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Quote from: michellee on June 14, 2023, 12:38:25 PM

Bitcoin is the favorite of everyone who knows crypto. Even initially, they join crypto because of attractive offers to invest in new coins. But once they gain experience, they will find out that Bitcoin is the goal of everyone who comes to crypto.

Those who invest in new coins or altcoins will eventually start investing in Bitcoin because they see that Bitcoin is the main coin in crypto. But those who don't see it will still choose other coins over Bitcoin. So it's up to them and we can stick to our choice to invest in Bitcoin.

But you can also invest in altcoins to increase your profits in crypto because, with many altcoins on the market, that is your chance to earn a lot. But be careful with the number of altcoins because you have to find the right altcoin so that you can benefit.

The only possible positive thing about alts is that bitcoin will not go 10x easily, and won't go 100x, that's just not looking like possible or at least not right now. There will be "some" alts that will go 100x in the future, I do not know which ones and that's the trouble, one day we will see one where the top is 100x higher than the bottom price and we will wish we bought it.

The risk however is that if you keep investing into them, then you will think that you will know at least one of them right and most of them will be wrong and you will lose money instead. This is why it's much more important to just focus on how you could make a profit based on known coins and not risk it on alts that may go up or crash, I feel like I would always pick the wrong one so I stay away from it.

Inwestour

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Quote from: KingsDen on June 15, 2023, 04:34:01 PM

Yea, this is right. It was of recent that I discovered this strategy that someone I know uses. Unlike the idea of HODL we hold esteem in the forum, he doesn't hold bitcoin for long. While I will be holding bitcoin and not bother of the price because I am on a long term plan, he will leave bitcoin for altcoins and whenever bitcoin falls, he will sell altcoins and buy bitcoin and hold. But then he doesn't also hold the bitcoin for long but he sells when bitcoin makes significant increase like from 20k to 25k.

I asked him why his method and he told me that he makes money doing this far more than what I will make holding bitcoin for 2 or 3 yrs. According to him, he makes money in the altcoins and also in bitcoin by selling and rebuying low, unlike me whose bitcoin grows and falls back in my wallet.

I don’t quite understand the moment with the sale of altcoins when bitcoin falls, because I see how much altcoins depend on bitcoin, if bitcoin falls, then altcoins fall even more, it was very clear a few days ago.

If we talk about bitcoin trading, then the results compared to hold will be different for different people, and this will depend on how good a trader you are, because if we are talking about day trading, or medium-term trading, then statistics tell us that among them there are not many successful traders.

I believe that the greatest benefit from bitcoin can be obtained by taking into account its cyclical nature, accumulating your position in a bear market and taking profits in a bull market, and buying bitcoin again in the subsequent bear market. This requires patience and discipline, without which nothing will work.

Bitcoin_people

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Bitcoin is a virtual asset loved by everyone and everyone invests in it. I prefer and prefer bitcoin to all other crypto coins. Because Bitcoin is a coin that has a near future. If we want to invest in a virtual currency, there are definitely many risks. But investing in bitcoins is safe as there is no risk of losing money. and if Bitcoin is to be a long-term investment then it will be a great and profitable one in the future. If people want to invest for long term with faith then surely they choose Bitcoin. By investing in Bitcoin there is never a fear of losing money rather one can expect good profits from Bitcoin in the future.

KingsDen

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Quote from: Husires on June 13, 2023, 08:03:40 PM

Quote from: KingsDen on June 13, 2023, 06:55:07 PM

I would have accumulated so much bitcoin by now but someone who introduced me to cryptocurrency back then before covid-19 advised me not to buy bitcoin, that bitcoin was expensive (This was when bitcoin was not upto 10k). He rather introduced me to so many shitcoins that I held which never made moves and I lost them all.

Bitcoin is an excellent investment if you intend to invest in the long term, but this does not mean that there are other investments that are just as good as bitcoin, especially when we are talking about investment. When Bitcoin is in an upward cycle, choosing it is not wise, but you can invest in several alternatives and wait for the price to collapse, which will be the best opportunity to buy and invest in Bitcoin, just as it happened last year when the price was around $15,600.
Instead of just thinking about bitcoin which is perfect for long term investment. There are some good alternatives at certain times, all of this depends on your investment background, information and some other factors. If you do not want to conduct your own research, then DCA is the best strategy for those who do not want to search and take risks.

Yea, this is right. It was of recent that I discovered this strategy that someone I know uses. Unlike the idea of HODL we hold esteem in the forum, he doesn't hold bitcoin for long. While I will be holding bitcoin and not bother of the price because I am on a long term plan, he will leave bitcoin for altcoins and whenever bitcoin falls, he will sell altcoins and buy bitcoin and hold. But then he doesn't also hold the bitcoin for long but he sells when bitcoin makes significant increase like from 20k to 25k.

I asked him why his method and he told me that he makes money doing this far more than what I will make holding bitcoin for 2 or 3 yrs. According to him, he makes money in the altcoins and also in bitcoin by selling and rebuying low, unlike me whose bitcoin grows and falls back in my wallet.

nlovric

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Quote from: Gallar on June 14, 2023, 11:25:13 PM

Quote from: Bruce4 on June 07, 2023, 11:38:33 AM

Cryptocurrency has various digital currencies like altcoin,litecoin,cardano,bitcoin,ethereum.e.t.c
My favorite crypto is bitcoin..many economists across the globe have predicted that bitcoin will keep increasing it's value in the coming years.it has inspired a revolution like no other,rapidly transforming various aspects of the global economy.it is currently the world's most popular and prominent crypto,recognized and accepted in finance ,manufacturing,real estates,healthcare,travel and retail.

When it comes to cryptocurrencies that are the most preferred or most in demand by crypto investors, I'm sure almost all users will agree, that bitcoin is the most popular. Because of questions like this, I think the answer is clear, that bitcoin is indeed the king of crypto, therefore all crypto users also definitely like it. Because bitcoin does have many advantages that other cryptos (altcoins) don't have. I personally also decided to join this crypto investment and trade, because initially I was only interested in bitcoin. So the question you are asking, actually there is no need to ask, because the answer is certain that the majority choose bitcoin. Because bitcoin is number one and has no equal in the world of crypto assets. And as you wrote, bitcoin has now become a very valuable asset in the world, and is widely used in various ways. Therefore, there is no need to be surprised and doubtful if bitcoin price predictions in the coming years will increase. Because it is certain that the number of bitcoin investors will increase every year, and this will certainly affect the price of bitcoin towards increasing prices.

It is crucial to recognise that the cryptocurrency industry is broad and dynamic even though Bitcoin has cemented its position as the top cryptocurrency and enjoys great appeal among investors. Even though Bitcoin continues to dominate other cryptocurrencies have gained popularity and developed their own distinctive value propositions. Since there are many alternative cryptocurrencies that provide cutting edge technologies and prospective investment opportunities it is crucial for investors to investigate the larger crypto ecosystem. Beyond Bitcoin diversifying one portfolio can expose investors to other initiatives and raise the likelihood of long term rewards. Investors can manage the dynamic market and make decisions that are in line with their financial objectives by being informed and open to new cryptocurrencies.

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Quote from: goaldigger on June 14, 2023, 05:54:40 PM

Quote from: yudi09 on June 14, 2023, 02:38:42 AM

No. I can't find references and theories from various sources that your statement can be justified.
Bitcoin is never equal to the number of coins that exist in the crypto space.
Maybe I would agree with you if you said that all coins are trying to get better like Bitcoin even though none of them have been able to.
You need to read more so that you can clearly understand Bitcoin and other coins.
Bitcoin is a unique crypto.

Many projects are indeed working hard to outperform Bitcoin when it comes to their profit, and some are able to do this while many are still struggling.

Only the claim of one party that their achievements were able to outperform Bitcoin and for me it was not a category of capable.
For example Vitalik as a co-founder Ethereum.
Recently Vitalik said that Ethereum failed because every transaction worth $3.75 ($82.48 If we have another bull run), and every product aimed at mass market must forget the chain and adopt a centralized solution for all[1].

According to Vitalik's explanation, one of his failure points related to the smart contract wallet from 3 important transitions according to him.
Then how all coins including Ethereum outperformed Bitcoin.

[1]. https://cointelegraph.com/news/vitalik-buterin-ethereum-fails-without-these-three-transitions

Quote from: goaldigger on June 14, 2023, 05:54:40 PM

Bitcoin is the basis of many tokens and coins, and that’s why the market trend depends on the price of Bitcoin, its very influential and we have to accept it. Bitcoin moves depend on the market scenario, if there’s a lot of good news then expect for the pump but if there’s a lot of issues and fud, better to take profit for now and wait for a cheaper price of the market.

Regarding prices, on average people can judge and answer themselves.

irhact

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Quote from: Webetcoins on June 14, 2023, 07:23:52 AM

The reality is, Bitcoin, no matter how much adoption it has got, will always have some issues, and for now, its biggest challenge is that it isn't widely accepted as a payment method, and looking at situations around the world, it feels like it won't happen anytime soon.

The fact that Bitcoin isn't perfect is what make me love it more, the imperfections of Bitcoin means there's room for improvement and when those improvements comes, Bitcoin will benefits more from adoption to price appreciation and that means we're still early as investors. The high fees is one of the problem Bitcoin has and if that doesn't get resolved then adoption will become a problem.

Bitcoin isn't perfect but that's okay and still it has to be the favorite cryptocurency in the market because with Bitcoin you can be guaranteed of no issue from the Security and exchange commission calling it a security as they just called some tokens security last week.

Uruhara

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Quote from: nlovric on June 14, 2023, 01:58:31 PM

Quote from: Uruhara on June 14, 2023, 02:15:03 AM

Of course Bitcoin is my favourite. Just like everyone, of course the majority of users here are bitcoin favorites. Because as far as I've learned the only truly decentralized thing right now is bitcoin. But to be honest I also speculated a lot in altcoins for the short term. But for the long term and safety of my assets then of course I only trust to invest in bitcoin. Even though I'm still new to crypto, I'm really serious about learning it when I have free time on the sidelines of my busy life. and yeah I'm getting more confident with Bitcoin.

Also my Favourite cryptocurrency is Bitcoin because this is most well known and well established decentralised cryptocurrency today is Bitcoin. It is admirable that you are investing the time to research cryptocurrency and choose wisely. While short term speculating in altcoins may be alluring it is wise to put your long term asset safety first which is where Bitcoin well established track record shines. You shall grow more convinced of Bitcoin future potential as you continue to invest your leisure time in studying more about cryptocurrencies. Continue learning and researching and may your cryptocurrency journey be fruitful and fulfilling.

Thank you guys for the prayers. And I hope you can also get success and always benefit from cryptocurrencies. And yes, I also feel safe with my investment in bitcoin. Because I also really became more confident after learning bitcoin more and more. Even though today the correction happened again, it didn't make me too surprised. And it's another opportunity that I have to take advantage of to re-accumulate from this point.

Gallar

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Quote from: Bruce4 on June 07, 2023, 11:38:33 AM

Cryptocurrency has various digital currencies like altcoin,litecoin,cardano,bitcoin,ethereum.e.t.c
My favorite crypto is bitcoin..many economists across the globe have predicted that bitcoin will keep increasing it's value in the coming years.it has inspired a revolution like no other,rapidly transforming various aspects of the global economy.it is currently the world's most popular and prominent crypto,recognized and accepted in finance ,manufacturing,real estates,healthcare,travel and retail.

When it comes to cryptocurrencies that are the most preferred or most in demand by crypto investors, I'm sure almost all users will agree, that bitcoin is the most popular. Because of questions like this, I think the answer is clear, that bitcoin is indeed the king of crypto, therefore all crypto users also definitely like it. Because bitcoin does have many advantages that other cryptos (altcoins) don't have. I personally also decided to join this crypto investment and trade, because initially I was only interested in bitcoin. So the question you are asking, actually there is no need to ask, because the answer is certain that the majority choose bitcoin. Because bitcoin is number one and has no equal in the world of crypto assets. And as you wrote, bitcoin has now become a very valuable asset in the world, and is widely used in various ways. Therefore, there is no need to be surprised and doubtful if bitcoin price predictions in the coming years will increase. Because it is certain that the number of bitcoin investors will increase every year, and this will certainly affect the price of bitcoin towards increasing prices.

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Quote from: goaldigger on June 14, 2023, 05:54:40 PM

but if there’s a lot of issues and fud, better to take profit for now and wait for a cheaper price of the market.

That will for sure will make the price cheaper a bit so take advantage of it and start buying. You might miss a lot of those moments that you've already seen because you think that there should be the cheapest price that you should buy.

Quote from: michellee on June 14, 2023, 12:38:25 PM

But you can also invest in altcoins to increase your profits in crypto because, with many altcoins on the market, that is your chance to earn a lot. But be careful with the number of altcoins because you have to find the right altcoin so that you can benefit.

It's hard for those that are new to the market and they might choose the wrong altcoin that's just a pump and dump. That's why in choosing, there should be a dedicated time of researching it before buying.

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Quote from: DoublerHunter on June 14, 2023, 06:15:55 PM

^ Definitely right, since BTC was created many projects are striving to surpass BTC's profitability, and while some have succeeded, many others are still facing challenges. BTC's position as the foundation for numerous tokens and coins indeed grants it significant influence over the overall market trend. BTC is a leading cryptocurrency and there is no doubt there are a lot of people making a profit from it since the price is very volatile because of the huge demand, it is easy to fluctuate the price every now and then.

Can it really be surpassed?
Some coins that claim to have surpassed BTC even a few years later are no longer in demand and some coins with new blockchains are also still affected by Bitcoin and are not truly decentralized.

Bitcoin still cannot be surpassed if the coins are still semi-centralized.
Volatile prices will certainly be an advantage and disadvantage, but other coins will also be more volatile because all coin movements will be influenced by Bitcoin.

And look now, Bitcoin crashes Altcoin is getting crashed and this proves that Bitcoin cannot be surpassed just like that.

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Quote from: goaldigger on June 14, 2023, 05:54:40 PM

Quote from: yudi09 on June 14, 2023, 02:38:42 AM

Quote from: ?? on ??

In fact, any cryptocurrency is tied to bitcoin, so I don’t see much difference here. I think many people understand this.

No. I can't find references and theories from various sources that your statement can be justified.
Bitcoin is never equal to the number of coins that exist in the crypto space.
Maybe I would agree with you if you said that all coins are trying to get better like Bitcoin even though none of them have been able to.
You need to read more so that you can clearly understand Bitcoin and other coins.
Bitcoin is a unique crypto.

Many projects are indeed working hard to outperform Bitcoin when it comes to their profit, and some are able to do this while many are still struggling. Bitcoin is the basis of many tokens and coins, and that’s why the market trend depends on the price of Bitcoin, its very influential and we have to accept it. Bitcoin moves depend on the market scenario, if there’s a lot of good news then expect for the pump but if there’s a lot of issues and fud, better to take profit for now and wait for a cheaper price of the market.

^ Definitely right, since BTC was created many projects are striving to surpass BTC's profitability, and while some have succeeded, many others are still facing challenges. BTC's position as the foundation for numerous tokens and coins indeed grants it significant influence over the overall market trend. BTC is a leading cryptocurrency and there is no doubt there are a lot of people making a profit from it since the price is very volatile because of the huge demand, it is easy to fluctuate the price every now and then.

goaldigger

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Quote from: yudi09 on June 14, 2023, 02:38:42 AM

Quote from: ?? on ??

In fact, any cryptocurrency is tied to bitcoin, so I don’t see much difference here. I think many people understand this.

No. I can't find references and theories from various sources that your statement can be justified.
Bitcoin is never equal to the number of coins that exist in the crypto space.
Maybe I would agree with you if you said that all coins are trying to get better like Bitcoin even though none of them have been able to.
You need to read more so that you can clearly understand Bitcoin and other coins.
Bitcoin is a unique crypto.

Many projects are indeed working hard to outperform Bitcoin when it comes to their profit, and some are able to do this while many are still struggling. Bitcoin is the basis of many tokens and coins, and that’s why the market trend depends on the price of Bitcoin, its very influential and we have to accept it. Bitcoin moves depend on the market scenario, if there’s a lot of good news then expect for the pump but if there’s a lot of issues and fud, better to take profit for now and wait for a cheaper price of the market.

Topic: What's your favorite crypto;Bitcoin - page 3. (Read 876 times)