Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: admin on January 17, 2024, 07:13:03 PM
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If you are an idealist, you believe in bitcoin because it is removing the governments from the money printers, or at least it's supposed to try to do so.
In reality, most flocked to bitcoin to get rich. True libertarian rebels are few ...
Then Altcoins came and kept coming ...
If you are a bitcoin hardliner, possibly focused on a small aspect, and do not see the whole picture, happy with your stach, and want the rest to run after satoshis ... You probably hate altcoins.
Bitcoin needs Altcoins, because people need to believe they can back another bitcoin, without this believe the crypto marketcap would have been a tiny fraction of what it is today.
Altcoins need bitcoin, because it is the brand that regroup them all, the name that promotes them all.
The crypto ecosystem is one, and if you fail to realise that, it means your heart was not in the right place to begin with.
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Bitcoin needs Altcoins, because people need to believe they can back another bitcoin, without this believe the crypto marketcap would have been a tiny fraction of what it is today.
Altcoins need bitcoin, because it is the brand that regroup them all, the name that promotes them all.
We only have one common market and I believe that every component of it, whether it be shit-coins or hack-coins, has a certain role in this market. For now, let's just talk about BTC and ALTS.
ALTS need BTC: BTC is accepted in many countries, BTC is the first cryptocurrency to have a Spot ETF, BTC keeps the pace of the entire crypto market going through many cycles with the halving event, BTC leads the global crypto trend. To overcome the crypto winter, the recovery of BTC price is a necessary condition to create trust and FOMO. The strong price increase of some ALTS only creates doubts.
BTC needs ALTS: ALTS helps create a perfect process to pump prices. Before ALTS, the crypto market had a very short cycle in 2011 and BTC peaked at $30 and then dropped 94%. But then, the emergence of ALTS with new concepts of blockchain technology (scalability, smart contracts) created a more diverse and attractive market for everyone. The cycle "pump BTC - pump ALTS - pump BTC - pump ALTS" continuously repeats to attract more money into this market. Without ALTS to help BTC cool down its growth, the collapse would have come sooner and BTC would not have been able to achieve the very impressive ATHs in 2013 - 2017 - 2021.
In the future, when blockchain technology will be truly widely applied, perhaps ALTS will have its own fate, depending on user needs, and BTC may become the standard of currency. But for now, everything still just stops at the financial market, BTC and ALTS still need each other to move forward together 💪💪💪
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There is a popular saying that a tree cannot make a forest. I don't really feel that Bitcoin would not have been able to dominate, even if it were the only coin. As a matter of fact, I believe that so many dead altcoins and fake scam projects have even caused so many people to have misconceptions about Bitcoin.
I just feel that altcoins are just there to fill the space if they pump and dump, and if any investor is not lucky enough to buy a token at the right time and also sell at the right time, they could get their token dumped, which will result in a big loss for them.
It is very easy to say that altcoins would not have even been able to last for a very long time if there was no coin like Bitcoin. But with the way Bitcoin was designed, it would have been very possible for Bitcoin to keep living for decades without any altcoin.
With the thousands of altcoin projects and about 50% of those projects falling and crashing with investor funds, it would have been very difficult to trust cryptocurrency if there was no Bitcoin.
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Bitcoin is popular, but most people on crypto today tell you that their involvement in crypto all started with Altcoin and not just straight to bitcoin, which makes me also believe that both bitcoin and altcoin need each other's support in order to survive and give the purpose they are all here for.
The only thing here is that most of these altcoins have shown a lot of people on their other side, which makes them lose faith and believe in it, but in a normal sense, we all need altcoins; they are an alternative to bitcoin and should be treated as such, and there are times when we need them, even if we are high bitcoin enthusiasts. In the time of this network congestion, we can all see how important the altcoins are in terms of our daily life payments and the rest of them.
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If we talk about Bitcoin and Altcoins it is the same as discussing the symbiosis of mutualism between bees and flowers.
Bees take starch juice from flowers to be used as honey.
The flowers that are over to bees can bloom even more if the bees perched and spread the pistil of the essence so that the flowers can grow in other places.
Bitcoin like the first flower created has many benefits for all altcoins.
And for Altcoins it is like a bee that can alight anywhere with the flexibility he flies to various flowers.
This is just a figure of speech between Bitcoin as flowers and altcoins as bees because both of them have a way of working symbiosis of mutualism and mutual benefit.
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I am a fan of some altcoins.
Ltc
doge
grin
monero
etc
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This is just a figure of speech between Bitcoin as flowers and altcoins as bees because both of them have a way of working symbiosis of mutualism and mutual benefit.
It's like food without seasoning, so they are related to each other and difficult to separate, complement each other, and, of course, need each other. How can Bitcoin run on its own without the support of altcoins? It is clear that there will be no benefits that can be taken; if they are separated and not connected to each other, it is likely that they will be equally worthless and no benefits can be taken.
They have become an inseparable unit and will always complement each other's strengths and weaknesses.
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Bitcoin and altcoins need each other to keep the market booming, and to also allow investors to gamble with their assets in order to make profit or run at loss. Assuming there was no altcoins, people wouldn't have had that much believe in bitcoin because they wouldn't see its uniqueness. In every line of business, there must be different products of the same kind, to make the market interesting for investors to decide which coin they want to invest on, and at what time duration. Some people are still making profit with altcoins. However, bitcoin remains the superior but we have many inferiors, that are used to scam people off their hard earned money. Now that bitcoin transaction fee is high, there are some altcoins that are good to use for your transactions like litecoin. As a matter of fact is like as time goes on altcoin will be used more as an alternative payment method than bitcoin. Altcoins need bitcoin for their price movement.
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The crypto ecosystem is one, and if you fail to realise that, it means your heart was not in the right place to begin with.
I think people can do whatever they want with their money.
Personally, I hold 85%+ btc and just 10% of ethereum and 5% or less of others.
But I do like to use ltc xmr usdt usdc to move my money around. Specially now that bitcoin fees are high . But I believe bitcoin fees will come back to normal and I can sell those coins...
There are also appearing now second layer solutions for bitcoin, like L-BTC (Liquid). Which is quite interesting.
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They just need each other, in my opinion, because honestly, in my observation since 2017, Bitcoin's popularity has accelerated because of altcoins, if it were only Bitcoin and no altcoins, I'm sure it wouldn't be like the price value of Bitcoin that we have right now.
Maybe the other communities here can agree with what I'm saying. Yes, Bitcoin will be recognized, but not as fast as the rise in price value that Bitcoin has, but because of the altcoins that have appeared since 2017 until now, and it is even more recognized because of cryptocurrencies.
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Then Altcoins came and kept coming ...
If you are a bitcoin hardliner, possibly focused on a small aspect, and do not see the whole picture, happy with your stach, and want the rest to run after satoshis ... You probably hate altcoins.
Bitcoin needs Altcoins, because people need to believe they can back another bitcoin, without this believe the crypto marketcap would have been a tiny fraction of what it is today.
Altcoins need bitcoin, because it is the brand that regroup them all, the name that promotes them all.
The crypto ecosystem is one, and if you fail to realise that, it means your heart was not in the right place to begin with.
This is an Altcoinstalk forum and Altcoins comes first in discussion but I humbly disagree with what you said.
How many altcoins has popout in the coin market cap and coingecko over the last 2 years, more than thousands of them and how many has survive to date? Just few of them if not less than 100 because they are shitcoins with empty promises. Some of them were able to rise because of the hype and don't have a single real volume other than the bot activity.
Check Bitcoin activity, it's one of the best and the best that ever remain, it's the reason why this market is still breathing and going well. The halving and ETF contributed to the recovery of the entire market but altcoins were busy doing the regular meme things. Bitcoin doesn't need altcoins to survive but altcoins need Bitcoin to survive. However, altcoins is the reason why 80% of people are here in the crypto space.
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There are people who would say they would never use alternate blockchains but would not mind profiting from altcoins. That sounds ironic right? Maybe so but it could be seen from a different angle. They don't necessarily hate. They only acknowledge/use the superior protocol in terms of security and decentralization but they do not deny the earning potential of native tokens of another blockchain.
BTC and Bitcoin blockchain - for actual usage
Altcoins and Alternate blockchains - for speculation
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This is just a figure of speech between Bitcoin as flowers and altcoins as bees because both of them have a way of working symbiosis of mutualism and mutual benefit.
It's like food without seasoning, so they are related to each other and difficult to separate, complement each other, and, of course, need each other. How can Bitcoin run on its own without the support of altcoins? It is clear that there will be no benefits that can be taken; if they are separated and not connected to each other, it is likely that they will be equally worthless and no benefits can be taken.
They have become an inseparable unit and will always complement each other's strengths and weaknesses.
If all alts dropped away btc could survive but not that well. BTC has shown it is easy to flood the blockchain and tie it up. Alts like LTC and Doge are 12x the blockchain carrying ability so they are 12x harder to clog up.
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This is just a figure of speech between Bitcoin as flowers and altcoins as bees because both of them have a way of working symbiosis of mutualism and mutual benefit.
It's like food without seasoning, so they are related to each other and difficult to separate, complement each other, and, of course, need each other. How can Bitcoin run on its own without the support of altcoins? It is clear that there will be no benefits that can be taken; if they are separated and not connected to each other, it is likely that they will be equally worthless and no benefits can be taken.
They have become an inseparable unit and will always complement each other's strengths and weaknesses.
If all alts dropped away btc could survive but not that well. BTC has shown it is easy to flood the blockchain and tie it up. Alts like LTC and Doge are 12x the blockchain carrying ability so they are 12x harder to clog up.
You are right, we have to recognize the greatness and resilience that Bitcoin has had so far, and everyone cannot avoid that reality. But even though Bitcoin can stand alone, the main goal of crypto may not be fulfilled: to provide more contributions than the wishes of most crypto users. CMIIW
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If you are an idealist, you believe in bitcoin because it is removing the governments from the money printers, or at least it's supposed to try to do so. In reality, most flocked to bitcoin to get rich. True libertarian rebels are few ...
Yes, we have to be honest that majority of the people in the cryptocurrency market are here for the money and yes we all want to be rich so we can experience financial freedom away from the control of the government or at least we can stand on our own most especially during difficult times. Nothing wrong with that per se as money is the number one motivator and this is a big reality we are in right now. But one thing that's good with Bitcoin in particular and cryptocurrency in general is that things don't end with the money as we slowly learn the many good things that Bitcoin is bringing to us and the many benefits of the myriad of alts offering us many choices at hand. In other words, it is plain to see how BTC and the alts are working side by side like partners and not as enemies...with one complimenting each other, boosting the market for good and enticing more and more people into the industry. I would consider alts to be niches while BTC is the overall leader, under a symbiotic and not parasitic relationship (of course except the many scam and fraud projects around). And we should not wonder why more alts can be coming to market to compete and capture people's attention and support...and so we are seeing success stories popping up from time to time.
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The cryptocurrency business does not completely belong to Bitcoin and don't think that Bitcoin has the strongest capacity of all altcoins because many whales out there don't have Bitcoin.
For example, I have 40 Ethereum coins and I don't have Bitcoin even if it's only 1 Satsohi, that doesn't matter to me because Ethereum with 40 coins is already more than 1 Bitcoin.
At this very moment 1 Bitcoin is equivalent to 18 Ethereum, if I have 40 Ethereum that means I have about 2 Bitcoin more. This is only my mind because Bitcoin and altcoins must always get along and not be hostile. :)
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This is just a figure of speech between Bitcoin as flowers and altcoins as bees because both of them have a way of working symbiosis of mutualism and mutual benefit.
It's like food without seasoning, so they are related to each other and difficult to separate, complement each other, and, of course, need each other. How can Bitcoin run on its own without the support of altcoins? It is clear that there will be no benefits that can be taken; if they are separated and not connected to each other, it is likely that they will be equally worthless and no benefits can be taken.
They have become an inseparable unit and will always complement each other's strengths and weaknesses.
If all alts dropped away btc could survive but not that well. BTC has shown it is easy to flood the blockchain and tie it up. Alts like LTC and Doge are 12x the blockchain carrying ability so they are 12x harder to clog up.
the main goal of crypto may not be fulfilled: to provide more contributions than the wishes of most crypto users. CMIIW
If Bitcoin is the only thing circulating and there are no altcoins then the result is that cryptocurrency is colorless and maybe the price of Bitcoin will also return to 2010 which had a price below 1 USD.
The function of altcoins is also to provide superior features that Bitcoin does not have, just as transaction speeds such as those of Cardano, Ripple and Solana are very fast.
Bitcoin is also recognized by the entire community as a very, very super coin.
But altcoins also have a ton of features that Bitcoin doesn't have and that's why we also need altcoins.
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Personally, I believe that Bitcoin is like the mother from which all Altcoins were born, without Bitcoin we would not have seen all Altcoins, so it is natural that they are strongly related and complement each other.
Bitcoin has some disadvantages, such as lack of scalability, transaction delays, and high fees during network congestion. Altcoin solves these problems, as some of them have the advantages of faster transactions and lower fees.
But the main problem with Altcoin is that there are a lot of fraudulent projects that have emerged and negatively affected the reputation of Bitcoin and the entire crypto ecosystem.
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If Bitcoin is the only thing circulating and there are no altcoins then the result is that cryptocurrency is colorless and maybe the price of Bitcoin will also return to 2010 which had a price below 1 USD.
The function of altcoins is also to provide superior features that Bitcoin does not have, just as transaction speeds such as those of Cardano, Ripple and Solana are very fast.
Bitcoin is also recognized by the entire community as a very, very super coin.
But altcoins also have a ton of features that Bitcoin doesn't have and that's why we also need altcoins.
I think bitcoin and altcoins cannot be separated because they can be valuable all this time because it is clear that their role is to influence each other, and it would not be possible to be valuable if they stood alone.It's true what you said: if it's just a few, or just bitcoins, maybe the value will return to when it first started to appear, and obviously the value is very low.There is always a good side in that they can finally be united because they need and complement each other. This has indeed become a lesson in itself for the existence of bitcoin and altcoins, so that their presence also contributes to ours.
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This has indeed become a lesson in itself for the existence of bitcoin and altcoins, so that their presence also contributes to ours.
Yeps, from Altcoins, we can also know a variety of features given, such as dex and various features that are not in Bitcoin.
From Altcoins we can also trade with Altcoins and can double the benefits for Bitcoin.
For example, I trade with Altocoins Doge and buy at a price rate of 0.02 USD with a capital of 2 Bitcoin.
Then the Doge coin rose 100% to the price of 0.04 USD, meaning that my profit rose to 4 Bitcoin.
This is just a handful of stories for the advantages of Altcoins, the rest must be a lot of features given by Altcoins.
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This is just a figure of speech between Bitcoin as flowers and altcoins as bees because both of them have a way of working symbiosis of mutualism and mutual benefit.
It's like food without seasoning, so they are related to each other and difficult to separate, complement each other, and, of course, need each other. How can Bitcoin run on its own without the support of altcoins? It is clear that there will be no benefits that can be taken; if they are separated and not connected to each other, it is likely that they will be equally worthless and no benefits can be taken.
They have become an inseparable unit and will always complement each other's strengths and weaknesses.
So same as crypto and fiat right? The combination is perfect and has similarities but runs on different function and uses. We can use fiat for our daily lives while crypto we use it in some different things including as an investment.
Bitcoin plays an important role for Altcoins market and technological upgrades so as vice versa. The only thing Bitcoin excel is that it is the king, the pioneering and most valuable crypto ever made in the history.
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I think they both work together because, when it comes to popularity, altcoins contributed a lot to making Bitcoin known. And if it weren't for Bitcoin, altcoins wouldn't be created in this industry either. Because when altcoins started, most people thought it was also Bitcoin, but it was not just copied pastes or clones of Bitcoin.
That is why Bitcoin is called the Father of all Cryptocurrencies because it is the first cryptocurrency in this field of f That's all I can say about that.
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I think they both work together because, when it comes to popularity, altcoins contributed a lot to making Bitcoin known. And if it weren't for Bitcoin, altcoins wouldn't be created in this industry either. Because when altcoins started, most people thought it was also Bitcoin, but it was not just copied pastes or clones of Bitcoin.
That is why Bitcoin is called the Father of all Cryptocurrencies because it is the first cryptocurrency in this field of f That's all I can say about that.
Right, and that's what made this cryptocurrency as a whole, Bitcoin is the prime mover, but there are solid altcoins like Ethereum as well. However, everyone really depends on Bitcoin, all altcoins have their exchange rate/Bitcoin.
So there is no argument which one is better, for investors we can take advantage of both markets.
As I have said, there are solid altcoins too that can give us more return that Bitcoin. But I think majority of our portfolio might go with Bitcoin being the prime mover and the most famous of all crypto.
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I consider this market as a unified whole of Bitcoin + Altcoins + Stable Coins.
Bitcoin is responsible for leading the entire market.
Altcoins are responsible for booming, opening up new technologies and new trends.
Stable Coins are responsible for making the cash flow flowing into the market more easily.
The market can only continue to stabilize and grow strongly when each component works well.
Bitcoin needs altcoins to expand its influence through technology and application.
Altcoins needs Bitcoin to lead to access to traditional and cyclical markets.
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So same as crypto and fiat right? The combination is perfect and has similarities but runs on different function and uses. We can use fiat for our daily lives while crypto we use it in some different things including as an investment.
I think you are right, and indeed, they are the same, but there are clear differences, fiat that are clearly visible, and crypto is not real. The benefits are clearly the same and can be used for every need for a transaction, but crypto is more focused on investments such as stocks.
Bitcoin plays an important role for Altcoins market and technological upgrades so as vice versa. The only thing Bitcoin excel is that it is the king, the pioneering and most valuable crypto ever made in the history.
Until now, the crypto market that has always been the topic of conversation has been Bitcoin, because it is used as a price benchmark for all other coins, so Bitcoin has become the King of Crypto. It is true that it is also pioneering.
Without Bitcoin, maybe Crypto will not be as busy as this, even though the influence of Altcoin can always compensate for the need for each other.
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To me i don't see any reason why bitcoin should need altcoins for anything, instead, altcoins are the ones that have their dependencies on bitcoin, however, we can also say it this way that having altcoins being around bitcoin make the economy more bulky as well as complicated in the other sense, we cannot completely predict how the whole thing could have been so boring if there were not altcoins in cryptocurrencies, they constitute the good, bad and the ugly.
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To me i don't see any reason why bitcoin should need altcoins for anything, instead, altcoins are the ones that have their dependencies on bitcoin, however, we can also say it this way that having altcoins being around bitcoin make the economy more bulky as well as complicated in the other sense, we cannot completely predict how the whole thing could have been so boring if there were not altcoins in cryptocurrencies, they constitute the good, bad and the ugly.
You don't deny that Bitcoin can be strong enough because we have altcoins that support the existence of Bitcoin. It doesn't only altcoins to depend on Bitcoin, but Bitcoin also probably depends on altcoins. With many projects are supporting Bitcoin with their altcoins, we can expect the bright future for Bitcoin. The adoption of Bitcoin will be faster because of the altcoins, too. So don't underestimate altcoins, dude!
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To me i don't see any reason why bitcoin should need altcoins for anything, instead, altcoins are the ones that have their dependencies on bitcoin,
Bitcoin has power because of altcoins and also because the altcoins that are traded must have a pair with Bitcoin, for example:
BTC-ETH
BTC-USDT
BTC-BNB
BTC-Ripple
If Bitcoin stands alone, it may have a low value when trading. Just look at Bitcoin trading in 2013 ,2012 ,2011, 2010.
Or maybe at that time Bitcoin was not appreciated or was free to give to those who wanted it. This is only my opinion. :D
Every day Bitcoin is being fought over and traded here, then various altcoins appear and that's where Bitcoin starts to rise and its price becomes expensive.
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Funny enough, we have alot of bitcoin maxis who believe that bitcoin is the only and true cryptocurrency that should be invested in, that everything else is garbage and should be completely ignored, but then, right under their noses,
- Ethereum came and made alot of people millionaires
- SHIB came and made alot of people millionaires
- Solana
- Litecoin
- AVAX
- DOGE coin
All this coins the bitcoin maxis refer to as shitcoins, have made alot of people millionaires, and it has not ended, in this coming halving, which will possibly trigger another bull run, alot of altcoins, also referred to as shitcoins, will again create new millionaires, while the bitcoin maxis continue to believe that anybody investing in crypto and do so outside bitcoin is just throwing away his or her money.
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This is just a figure of speech between Bitcoin as flowers and altcoins as bees because both of them have a way of working symbiosis of mutualism and mutual benefit.
It's like food without seasoning, so they are related to each other and difficult to separate, complement each other, and, of course, need each other. How can Bitcoin run on its own without the support of altcoins? It is clear that there will be no benefits that can be taken; if they are separated and not connected to each other, it is likely that they will be equally worthless and no benefits can be taken.
They have become an inseparable unit and will always complement each other's strengths and weaknesses.
It's a good analogy :) Bitcoin is not perfect. Altcoins function in improving aspects of Bitcoin.
The presence of altcoins is a cover for Bitcoin's weaknesses in increasing energy efficiency and speed of transactions.
And Altcoins create a better or different version of Bitcoin. Each altcoin has its own “unique thing” it does best.
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If you are an idealist, you believe in bitcoin because it is removing the governments from the money printers, or at least it's supposed to try to do so.
In reality, most flocked to bitcoin to get rich. True libertarian rebels are few ...
Then Altcoins came and kept coming ...
If you are a bitcoin hardliner, possibly focused on a small aspect, and do not see the whole picture, happy with your stach, and want the rest to run after satoshis ... You probably hate altcoins.
Bitcoin needs Altcoins, because people need to believe they can back another bitcoin, without this believe the crypto marketcap would have been a tiny fraction of what it is today.
Altcoins need bitcoin, because it is the brand that regroup them all, the name that promotes them all.
The crypto ecosystem is one, and if you fail to realise that, it means your heart was not in the right place to begin with.
Both Bitcoin and Altcoin are complementary to each other as neither can exist without the other in the cryptocurrency world. If only Bitcoin remains then other altcoins will surely be needed to compare Bitcoin. Again, Bitcoin will be needed to maintain the value of Altcoin. Just like if Bitcoin can be considered as a king then altcoin will be like a soldier or a subject in the king's kingdom because like a kingdom and a king can't run without subjects or soldiers, just like altcoin and bitcoin need to complement each other, one can't run without the other.
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Both Bitcoin and Altcoin are complementary to each other as neither can exist without the other in the cryptocurrency world. If only Bitcoin remains then other altcoins will surely be needed to compare Bitcoin. Again, Bitcoin will be needed to maintain the value of Altcoin. Just like if Bitcoin can be considered as a king then altcoin will be like a soldier or a subject in the king's kingdom because like a kingdom and a king can't run without subjects or soldiers, just like altcoin and bitcoin need to complement each other, one can't run without the other.
You are right, We can be said to be a king if there are people. There can be no king without the people. Bitcoin is king, And altcoins are the people.
they will coexist and complement each other. There are many new technologies that altcoins offer, and that bitcoin cannot.
Let's go back to the time when Bitcoin alone, altcoins didn't exist yet. Bitcoin price is very low. Meanwhile, currently the price of Bitcoin is very expensive because there are comparisons. I agree with your opinion.
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Bitcoin is a cryptocurrency that is widely used for transactions and many countries have approved Bitcoin as a means of payment. Altcoins need Bitcoin and vice versa. interrelated so that they live with each other. all existing coin prices depend on the price of bitcoin. If the price of bitcoin increases, then all coins will also increase and vice versa.
that's why I say bitcoin and altcoins are interconnected and push each other.
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Bitcoin is a cryptocurrency that is widely used for transactions and many countries have approved Bitcoin as a means of payment. Altcoins need Bitcoin and vice versa. interrelated so that they live with each other. all existing coin prices depend on the price of bitcoin. If the price of bitcoin increases, then all coins will also increase and vice versa.
that's why I say bitcoin and altcoins are interconnected and push each other.
- You indeed said this; in fact, you can't call them friends; it's like they are allies because they help each other. This is if a cryptocurrency has potential because if it does not have potential, it will not be able to keep up with the trend that Bitcoin has.
When it comes to dominance, it is said that cryptocurrency is pushing Bitcoin to become more recognized around the world, and when it comes to innovation technology, it is keeping up with other crypto potentials in the market.
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This is just a figure of speech between Bitcoin as flowers and altcoins as bees because both of them have a way of working symbiosis of mutualism and mutual benefit.
It's like food without seasoning, so they are related to each other and difficult to separate, complement each other, and, of course, need each other. How can Bitcoin run on its own without the support of altcoins? It is clear that there will be no benefits that can be taken; if they are separated and not connected to each other, it is likely that they will be equally worthless and no benefits can be taken.
They have become an inseparable unit and will always complement each other's strengths and weaknesses.
It's a good analogy :) Bitcoin is not perfect. Altcoins function in improving aspects of Bitcoin.
The presence of altcoins is a cover for Bitcoin's weaknesses in increasing energy efficiency and speed of transactions.
And Altcoins create a better or different version of Bitcoin. Each altcoin has its own “unique thing” it does best.
If we look at ourselves, especially for those who are already married, it is certainly the same as Bitcoin and Altcoin, needing each other and filling each other's gaps that perhaps neither one can do or ask for help to complete.That's right, friend, altcoins were created to be able to anticipate transaction speed and cheap fees compared to bitcoin, but bitcoin is what drives altcoins to move upwards.Altcoins always have advantages, and quite a few are actually destructive, so you have to be smart when making altcoin choices, in contrast to Bitcoin which has certainty.
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Trading altcoins and Bitcoin is really needed by the cryptocurrency market because Bitcoin and altcoins are mutually sustainable.
Like the local market and Binance there is also a lot of trading between Bitcoin and altcoins because BTCxUSDT trading is also included.
But many people ignore this because those who are experts in a particular coin do not always say that they need altcoins.
For example, person A is an expert in mining Bitcoin and person A states that he doesn't need altcoins (such as Solana, BNB or Ethereum) other than Bitcoin because he really loves Bitcoin.
In fact, when he sells his Bitcoin on the market and pairs it with USDT, then withdraws it to his credit card, it is definitely included in BTCxUSDT trading, namely trading between Bitcoin and Altcoins.
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I will offer my honest opinion, which has not changed by registering on this forum. I don't think bitcoin needs altcoins, I think it's more the other way around. What I do believe is that in the future some altcoins will coexist with bitcoin, but only a tiny number of the tens of thousands that exist now.
Having a decentralised, autonomous, tremendously secure system (or currency, if you prefer) that is very difficult to censor and confiscate, there is little more need for it. And with the implementation of CBDCs there will be even less room for altcoins, I think.
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The emergence of altcoins was not a spontaneous event, it was caused by a number of problems that leading blockchains face. In general, it all comes down to the blockchain problems, which says that you cannot create a blockchain that provides performance, security and scale - one of these indicators will have to be sacrificed. This means that altcoins solve one of the disadvantages of first-level blockchain networks.
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Bitcoin is a cryptocurrency that is widely used for transactions and many countries have approved Bitcoin as a means of payment. Altcoins need Bitcoin and vice versa. interrelated so that they live with each other. all existing coin prices depend on the price of bitcoin. If the price of bitcoin increases, then all coins will also increase and vice versa.
that's why I say bitcoin and altcoins are interconnected and push each other.
Currently, there is no better digital currency that is suitable for transactions between countries, but it should be noted that the costs of Bitcoin transactions are currently very high. Maybe an alternative to paying with digital currency and using cryptocurrency technology could be using altcoins; however, not all countries accept payments using cryptocurrency. Therefore, when you want to make a transaction, you must at least have approval from both parties, and you must be aware that cryptocurrency price movements are very volatile, so if you have a mutual agreement, then the transaction will run smoothly.
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Bitcoin is a cryptocurrency that is widely used for transactions and many countries have approved Bitcoin as a means of payment. Altcoins need Bitcoin and vice versa. interrelated so that they live with each other. all existing coin prices depend on the price of bitcoin. If the price of bitcoin increases, then all coins will also increase and vice versa.
that's why I say bitcoin and altcoins are interconnected and push each other.
Let's look at it this way, Bitcoin has been pumping much lately and what happen to alts? Did they pump? No! Did they contributed to the pump. This is to tell you that Bitcoin doesn't need any altcoins to survive but altcoins need Bitcoin to strive well in this industry. Let's Bitcoin dump by 10% today, you will be amaze on how this coins will tank with -30% really quick in less than 24 hours, this is how strong Bitcoin is in this cryptocurrencies.
Altcoins by performance, they are not even related, some of the new chains we have are just bunch of tweak chains trying to impress investors and after a while, they are been abandoned like a dead sheep. Some don't last more than a bull run cycle.
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Bitcoin is a cryptocurrency that is widely used for transactions and many countries have approved Bitcoin as a means of payment. Altcoins need Bitcoin and vice versa. interrelated so that they live with each other. all existing coin prices depend on the price of bitcoin. If the price of bitcoin increases, then all coins will also increase and vice versa.
that's why I say bitcoin and altcoins are interconnected and push each other.
Let's look at it this way, Bitcoin has been pumping much lately and what happen to alts? Did they pump? No! Did they contributed to the pump. This is to tell you that Bitcoin doesn't need any altcoins to survive but altcoins need Bitcoin to strive well in this industry. Let's Bitcoin dump by 10% today, you will be amaze on how this coins will tank with -30% really quick in less than 24 hours, this is how strong Bitcoin is in this cryptocurrencies.
Altcoins by performance, they are not even related, some of the new chains we have are just bunch of tweak chains trying to impress investors and after a while, they are been abandoned like a dead sheep. Some don't last more than a bull run cycle.
The price movement of altcoins is clearly visible after the Bitcoin price increase, so you can see that many altcoins have increased in price, thus showing that the altcoin season is back again, and it is possible that altcoins will make another very scary price increase as happened in 2021. The price movements of Ethereum, BNB, and Solana over the last 7 days look to be rising and have provided a lot of profit for their supporters who bought them a week ago.
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For bitcoin to progress completely , Altcoin must be in the market for bitcoin to continue growing because in this kind of market there must be a competition so what more we can expect about altcoins presence and also in time when the crypto is fully adopted . I believe that Bitcoin will not manage to serve its users instead Altcoins will be in need to partake .
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That's right, friend, altcoins were created to be able to anticipate transaction speed and cheap fees compared to bitcoin, but bitcoin is what drives altcoins to move upwards.Altcoins always have advantages, and quite a few are actually destructive, so you have to be smart when making altcoin choices, in contrast to Bitcoin which has certainty.
No doubt. Bitcoin is the pioneer and Safe Haven, while altcoin is the Utility.
Investing in utility coins will always have more risks, but more risk, more gain.
And yeah, the Crypto space is full of scam projects and Scammers.
Getting scammed is horrific. They drained our savings.
So, doing research is one way to increase our possibility of making a profit before deciding to invest. DYOR for safe
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There is definitely a connection between smaller coins and Bitcoin, one pulling the other mostly in price growth as well as market movements. I expect as many inventions as possible in order to increase the popularity and, in other words, increase the simplicity in the growth of long-term prices on CEX exchanges.
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That's right, friend, altcoins were created to be able to anticipate transaction speed and cheap fees compared to bitcoin, but bitcoin is what drives altcoins to move upwards.Altcoins always have advantages, and quite a few are actually destructive, so you have to be smart when making altcoin choices, in contrast to Bitcoin which has certainty.
No doubt. Bitcoin is the pioneer and Safe Haven, while altcoin is the Utility.
Investing in utility coins will always have more risks, but more risk, more gain.
And yeah, the Crypto space is full of scam projects and Scammers.
Getting scammed is horrific. They drained our savings.
So, doing research is one way to increase our possibility of making a profit before deciding to invest. DYOR for safe
You are right that bitcoin is safe to invest in, while altcoin is riskier but has a greater chance of making a profit.
Responding to whether bitcoin needs altcoins? I think the two have a complementary relationship, because there are many altcoin technologies that Bitcoin doesn't have.
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You are right that bitcoin is safe to invest in, while altcoin is riskier but has a greater chance of making a profit.
Responding to whether bitcoin needs altcoins? I think the two have a complementary relationship, because there are many altcoin technologies that Bitcoin doesn't have.
In fact, actually it cannot be said to be safe enough for Bitcoin, meaning there are still risks when investing in Bitcoin. certainly. However, the risk tends to be smaller compared to altcoins, especially if it is for long-term investment. Because, Bitcoin, we all understand, what its cycles and developments are, it is usually easier to read. and the chance to always go up and print a new ATH in every bullrun is much greater compared to altcoins.
Meanwhile, on the other hand, altcoins are quite different. Only the top altcoins can be trusted at least a little. And it also remains a high risk. We might remember how it was with that top coin LUNA. In fact, we didn't expect that Luna would actually go bankrupt and end up becoming a shit coin.
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Meanwhile, on the other hand, altcoins are quite different. Only the top altcoins can be trusted at least a little. And it also remains a high risk. We might remember how it was with that top coin LUNA. In fact, we didn't expect that Luna would actually go bankrupt and end up becoming a shit coin.
There will be no 100% confidence in the top coins, we also need to be vigilant, LUNA is indeed one of the real indicators of how the top coins can become a scam in just a few hours and this drags many other coins that end up also dumping.
Who owns LUNA that time suffered a lot of losses, even after the LUNA v2 snapshoot will also not return their money in full and More losses.
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Meanwhile, on the other hand, altcoins are quite different. Only the top altcoins can be trusted at least a little. And it also remains a high risk. We might remember how it was with that top coin LUNA. In fact, we didn't expect that Luna would actually go bankrupt and end up becoming a shit coin.
There will be no 100% confidence in the top coins, we also need to be vigilant, LUNA is indeed one of the real indicators of how the top coins can become a scam in just a few hours and this drags many other coins that end up also dumping.
Who owns LUNA that time suffered a lot of losses, even after the LUNA v2 snapshoot will also not return their money in full and More losses.
- What you say is true, mate, and many Luna holders have lost money, and their funds have been stuck here. Isn't that lunch now? If I check, that coin is still listed on most exchange site platforms. Maybe because somehow it still achieved the requirements quota in each exchange.
But, of course, don't expect it to return to its previous and original price in the market. Maybe even if it gets pumped, it won't really be like before because the hyped thing has really ended, and I also think it will be really difficult with the high expectations.
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Meanwhile, on the other hand, altcoins are quite different. Only the top altcoins can be trusted at least a little. And it also remains a high risk. We might remember how it was with that top coin LUNA. In fact, we didn't expect that Luna would actually go bankrupt and end up becoming a shit coin.
There will be no 100% confidence in the top coins, we also need to be vigilant, LUNA is indeed one of the real indicators of how the top coins can become a scam in just a few hours and this drags many other coins that end up also dumping.
Who owns LUNA that time suffered a lot of losses, even after the LUNA v2 snapshoot will also not return their money in full and More losses.
- What you say is true, mate, and many Luna holders have lost money, and their funds have been stuck here. Isn't that lunch now? If I check, that coin is still listed on most exchange site platforms. Maybe because somehow it still achieved the requirements quota in each exchange.
But, of course, don't expect it to return to its previous and original price in the market. Maybe even if it gets pumped, it won't really be like before because the hyped thing has really ended, and I also think it will be really difficult with the high expectations.
It's really impossible for a LUNA to came back to it's original price. LUNA is much stronger now than before where there's a low chance to get dump easily. The marketcap is still huge and this means LUNA still have big investors. But since they broke already the trust of their previous investors, it's hard for them to trust again that's why it can be one of the reason why it's impossible for the price to go back to it's original price. But I still hoping that someday that this coin is going to be huge again.
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Meanwhile, on the other hand, altcoins are quite different. Only the top altcoins can be trusted at least a little. And it also remains a high risk. We might remember how it was with that top coin LUNA. In fact, we didn't expect that Luna would actually go bankrupt and end up becoming a shit coin.
There will be no 100% confidence in the top coins, we also need to be vigilant, LUNA is indeed one of the real indicators of how the top coins can become a scam in just a few hours and this drags many other coins that end up also dumping.
Who owns LUNA that time suffered a lot of losses, even after the LUNA v2 snapshoot will also not return their money in full and More losses.
- What you say is true, mate, and many Luna holders have lost money, and their funds have been stuck here. Isn't that lunch now? If I check, that coin is still listed on most exchange site platforms. Maybe because somehow it still achieved the requirements quota in each exchange.
But, of course, don't expect it to return to its previous and original price in the market. Maybe even if it gets pumped, it won't really be like before because the hyped thing has really ended, and I also think it will be really difficult with the high expectations.
It's really impossible for a LUNA to came back to it's original price. LUNA is much stronger now than before where there's a low chance to get dump easily. The marketcap is still huge and this means LUNA still have big investors. But since they broke already the trust of their previous investors, it's hard for them to trust again that's why it can be one of the reason why it's impossible for the price to go back to it's original price. But I still hoping that someday that this coin is going to be huge again.
What will really happen there in LUNA? LUNC is now a massive pump that will be controlled by its whale investors or manipulators. Then it is also true that his daily volume is still high. And based on its price, the price is low, but the volume is still good somehow.
That means even if you buy only 20 dollars and if, in the upcoming bull run, it also rallies, even if it is only 1 dollar each, you can still make a lot of money when you buy. That's concept trading; as long as there are still many whale investors, there is still a fight that can be considered compared to the time when the Luna or Ftx issue was still fresh.
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There will be no 100% confidence in the top coins, we also need to be vigilant, LUNA is indeed one of the real indicators of how the top coins can become a scam in just a few hours and this drags many other coins that end up also dumping.
Who owns LUNA that time suffered a lot of losses, even after the LUNA v2 snapshoot will also not return their money in full and More losses.
Due to LUNA lots of people have lost their huge sum and till now it never recovered back so there are also scam projects that exist in the form of top coins with the highest value.
beside the top coins like Ethereum, Bitcoin, BNB and Solana there will always be a doubt about the success of coins no matter how high its worth is. Just stay away from scam projects and if you know that the project is new and there will be a chance to lose cash then just use a little amount.
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You make some fair points. Many traders do rotate between Bitcoin and altcoins. Personally, I prefer pairing altcoin trades with Bitcoin on Bitget's smart portfolio feature. It automatically reinvests any profits from altcoin trades into accumulating more Bitcoin for me
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You are right that bitcoin is safe to invest in, while altcoin is riskier but has a greater chance of making a profit.
Responding to whether bitcoin needs altcoins? I think the two have a complementary relationship, because there are many altcoin technologies that Bitcoin doesn't have.
No one doubts that Bitcoin is the safest investment with the smallest risk compared to others, especially when compared to altcoins.
You are right, that bitcoin and altcoins need each other and will not be able to exist until now, because they both complement each other in their respective strengths and weaknesses.
With a high enough price, all those who cannot invest in bitcoin will look for altcoins and when they are new enough they will move to bitcoin.
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Due to LUNA lots of people have lost their huge sum and till now it never recovered back so there are also scam projects that exist in the form of top coins with the highest value.
beside the top coins like Ethereum, Bitcoin, BNB and Solana there will always be a doubt about the success of coins no matter how high its worth is. Just stay away from scam projects and if you know that the project is new and there will be a chance to lose cash then just use a little amount.
The best is still Bitcoin and no other coin can match bitcoin.
When LUNA became a disaster for everyone, but there were those who benefited a lot from the decline of LUNA.
Those who bought at the price crash and then a few hours luna recovered with a lot of profit, but despite recovering LUNA never reached the initial price again.
Crypto is disastrous for those who don't understand how crypto works.
Using small or big money will be the same if they don't know what to do.
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Of course, we know that if it weren't for Bitcoin, no altcoins would be created. Now, if there were no altcoins created, bitcoin's dominance in the market would not accelerate. And also because of altcoins, small investors also had a different market to buy crypto, so they could also get a big profit in this field.
Because in today's time, there are actually many crypto investors who believe in crypto investment. And I'm one of those who believe that, as long as we know how to choose potential and non-potential crypto.
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Bitcoin and altcoin benefit each other for users, investors, merchants, and every platform where Cryptocurrency is being used, there were times that Bitcoin transaction fees were very high because of congestion, and altcoins are there to be our alternative.
The market has become attractive to investors because of altcoins' presence, we need altcoins as much as Bitcoin, just imagine we only have one currency in dollars it will be a big disadvantage and as long as these altcoins have usage they contribute to the ecosystem.
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Bitcoin and altcoin benefit each other for users, investors, merchants, and every platform where Cryptocurrency is being used, there were times that Bitcoin transaction fees were very high because of congestion, and altcoins are there to be our alternative.
The market has become attractive to investors because of altcoins' presence, we need altcoins as much as Bitcoin, just imagine we only have one currency in dollars it will be a big disadvantage and as long as these altcoins have usage they contribute to the ecosystem.
As someone who wants to make a profit, we must be able to utilize all the potential that exists for us to enter it. Bitcoin is the main choice and we can use altcoins to invest too.
As long as it can give us benefits, then why don't we take it? we are required to always look for opportunities and they can come from anywhere, be it bitcoin or altcoins.
There are many opportunities before our eyes, so it would be a shame if we couldn't take advantage of them.
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You make some fair points. Many traders do rotate between Bitcoin and altcoins. Personally, I prefer pairing altcoin trades with Bitcoin on Bitget's smart portfolio feature. It automatically reinvests any profits from altcoin trades into accumulating more Bitcoin for me
So what's so unique is that you can do such pair trading on any exchange. I think its a way to use the exchange name in your post, BTW I have seen many posts like these where people promote budget, and what are you getting in returns IYDM?
Overall, your strategy is a good one because trading in alts provides us extra benefits as diversification of our investment is a big strategy that we all should follow if we want to minimize the risk. Let's say there are many tokens in the market that are still green and did not lose a penny while BTC and many of the other alts are going red already and dome even dipped 10% or 30%.
So alts provide us extra leverage here and we should benefit from it. Speaking of your trading pair, it would be a little hard to keep track of all of your funds right? as I tried it and it was a little hard for me to track how much I am making as alts follow BTC so if I invested $10 in BTC to ETH pair, I am making profit mostly eth follow BTC but some times there are coins not following BTC and making you profit but when you trade them in BTC you have money in hands with what you started (means no profit as BTC is down and that alt is not).
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I have been a believer of co- existence. Before now, many people do not believe that bitcoin needs altcoin. Just today due to mempool congestion, people are running to altcoins for cheap and fast transaction. I know that at a time we must need one component of this great industry, that's why I advocate for co-existence. Be it;
Bitcoin;
Altcoins;
CEXs;
DEXs;
Privacy coins;
etc.
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I go with the statement which says altcoins needs bitcoin, we cannot go by the idea which says that bitcoin needs altcoins to survive, that is not possible, Bitcoin is the king of cryptocurrency, the first one and the most reliable digital currency recognized as a means of making payments, bitcoin dictates for what other altcoins should take or be, without bitcoin, no one will like to afford going by any other offer aside Bitcoin before others may comes in.
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I agree 100%. I also think only investing in bitcoin or investing in one of the altcoins is not a smart strategy at all. You need to keep a holistic view and invest in btc and altcoins that show promise. You cannot be dismissive toward alts. A diverse portfolio is key for maximum gains in the short and long run.
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I agree 100%. I also think only investing in bitcoin or investing in one of the altcoins is not a smart strategy at all. You need to keep a holistic view and invest in btc and altcoins that show promise. You cannot be dismissive toward alts. A diverse portfolio is key for maximum gains in the short and long run.
Undoubtedly, diversification is the best way to go because we always hear people say that we shouldn't put all our eggs in one basket, and if we ignore that saying, it means we are being deliberately ignorant which isn't a good thing, I believe.
So even though we know that Bitcoin is the best cryptocurrency in the market and that it is the most trusted one when it comes to making investments, that doesn't mean we don't have any worthy altcoins in the market to add to our portfolios.
We should do enough research and find out the best altcoins in the market and then make investments in them alongside Bitcoin to have higher potentials for profit when the market starts going up.
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I agree 100%. I also think only investing in bitcoin or investing in one of the altcoins is not a smart strategy at all. You need to keep a holistic view and invest in btc and altcoins that show promise. You cannot be dismissive toward alts. A diverse portfolio is key for maximum gains in the short and long run.
Undoubtedly, diversification is the best way to go because we always hear people say that we shouldn't put all our eggs in one basket, and if we ignore that saying, it means we are being deliberately ignorant which isn't a good thing, I believe.
So even though we know that Bitcoin is the best cryptocurrency in the market and that it is the most trusted one when it comes to making investments, that doesn't mean we don't have any worthy altcoins in the market to add to our portfolios.
We should do enough research and find out the best altcoins in the market and then make investments in them alongside Bitcoin to have higher potentials for profit when the market starts going up.
Bitcoin is the safest coin for investment, if we buy when it is bearish we can be sure we will make a profit now and we will get a bigger profit during the bullish season. And diversifying your investment is the right step, because we can increase the opportunity to gain profits on several potential coins
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I agree 100%. I also think only investing in bitcoin or investing in one of the altcoins is not a smart strategy at all. You need to keep a holistic view and invest in btc and altcoins that show promise. You cannot be dismissive toward alts. A diverse portfolio is key for maximum gains in the short and long run.
Diversification is important and one should not be dependent on Bitcoin for their investment but should also choose some beneficial altcoins because from altcoins you can take your profit immediately when the price surge but Bitcoin is useful only when you keep it for a longer period.
If someone Invest in both Bitcoin and altcoins then he can be benefited from both long term and short term investment and I think if someone just holds Bitcoin then he will not be easy to wait longer but if he also keeps altcoins in his investment then he will be regularly sell and buy altcoins and his Bitcoin will be safe for long duration without any stress.
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I agree 100%. I also think only investing in bitcoin or investing in one of the altcoins is not a smart strategy at all. You need to keep a holistic view and invest in btc and altcoins that show promise. You cannot be dismissive toward alts. A diverse portfolio is key for maximum gains in the short and long run.
Undoubtedly, diversification is the best way to go because we always hear people say that we shouldn't put all our eggs in one basket, and if we ignore that saying, it means we are being deliberately ignorant which isn't a good thing, I believe.
So even though we know that Bitcoin is the best cryptocurrency in the market and that it is the most trusted one when it comes to making investments, that doesn't mean we don't have any worthy altcoins in the market to add to our portfolios.
We should do enough research and find out the best altcoins in the market and then make investments in them alongside Bitcoin to have higher potentials for profit when the market starts going up.
Bitcoin is the safest coin for investment, if we buy when it is bearish we can be sure we will make a profit now and we will get a bigger profit during the bullish season. And diversifying your investment is the right step, because we can increase the opportunity to gain profits on several potential coins
Currently and in the future, I really believe that what you say is true, Bitcoin is the safest investment with the smallest risk of all. So that when there is a correction, of course, we immediately buy and hold until the growing season. I agree that with more types of things we can do, it is certainly very reliable, so don't hesitate to also use potential altcoins as a handle too, because bitcoin and altcoins need each other and can move together.
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I agree 100%. I also think only investing in bitcoin or investing in one of the altcoins is not a smart strategy at all. You need to keep a holistic view and invest in btc and altcoins that show promise. You cannot be dismissive toward alts. A diverse portfolio is key for maximum gains in the short and long run.
Undoubtedly, diversification is the best way to go because we always hear people say that we shouldn't put all our eggs in one basket, and if we ignore that saying, it means we are being deliberately ignorant which isn't a good thing, I believe.
So even though we know that Bitcoin is the best cryptocurrency in the market and that it is the most trusted one when it comes to making investments, that doesn't mean we don't have any worthy altcoins in the market to add to our portfolios.
We should do enough research and find out the best altcoins in the market and then make investments in them alongside Bitcoin to have higher potentials for profit when the market starts going up.
Bitcoin is the safest coin for investment, if we buy when it is bearish we can be sure we will make a profit now and we will get a bigger profit during the bullish season. And diversifying your investment is the right step, because we can increase the opportunity to gain profits on several potential coins
Bitcoin is the most secure coin for investment there is no doubt about it. But investment requires diversification. I can't buy a bitcoin or a chunk of a bitcoin according to my desire. But if I invest even a small part of my investment in altcoins, i will have an opportunity to make good profit. Moreover, investing in Bitcoin requires an investor to hold the coin for a long period of time, which may not be the case with altcoins. Diversification is the most beneficial for an investor, which I think much needed for everyone. Investing in Altcoins must be done after thorough research or risk of losing money.
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Currently and in the future, I really believe that what you say is true, Bitcoin is the safest investment with the smallest risk of all. So that when there is a correction, of course, we immediately buy and hold until the growing season. I agree that with more types of things we can do, it is certainly very reliable, so don't hesitate to also use potential altcoins as a handle too, because bitcoin and altcoins need each other and can move together.
We aer gradually getting to that point where Bitcoin might not be able to give us that profiting returns many of us are used to in the past but people with large investment in Bitcoin will benefit from this very well. However, people with small investment should not only put their money in Bitcoin, they will probably make a little profits, it's better to diversify investment into other alts. We have many alts that are doing well and are good for diversifying of investment.
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Bitcoin is the most secure coin for investment there is no doubt about it. But investment requires diversification. I can't buy a bitcoin or a chunk of a bitcoin according to my desire. But if I invest even a small part of my investment in altcoins, i will have an opportunity to make good profit. Moreover, investing in Bitcoin requires an investor to hold the coin for a long period of time, which may not be the case with altcoins. Diversification is the most beneficial for an investor, which I think much needed for everyone. Investing in Altcoins must be done after thorough research or risk of losing money.
Bitcoin is the most important part of cryptocurrency and become more secure investment assets, but not all investor or trader have bigger fund for investing in bitcoin. Altcoin present make cryptocurrency has many variation and all investor can trade not only with bitcoin but also has choose with altcoin, I think many trader get faster profit when trading in altcoin although get bigger risk but in bitcoin requirement bigger fund and can't increasing significant in short term such as altcoin.
For stable financial and has bigger fund bitcoin is the best investment assets but if you lack capital and want to earn much profit in short term altcoin is worth to trade.
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The whole idea behind altcoins was to take the revolutionary tech of Bitcoin and run with it, exploring all the amazing things it could make possible. They wanted to use blockchain technology for everything.
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Bitcoin needs Altcoins, because people need to believe they can back another bitcoin, without this believe the crypto marketcap would have been a tiny fraction of what it is today.
Altcoins need bitcoin, because it is the brand that regroup them all, the name that promotes them all.
The crypto ecosystem is one, and if you fail to realise that, it means your heart was not in the right place to begin with.
Basically, if Bitcoin and altcoins are likened to a pair, these two coins are a pair that complement each other and if one experiences a price decrease, the other will also experience a price decrease along with its followers.
It's true what you said, if we fail to realize it, then it could be said that I haven't and am not in the right position to start. so there will still be doubts about crypto currency itself
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There is a popular saying that a tree cannot make a forest.
Bitcoin was doing well without the altcoins and the creation of Altcoins causes the deviation of bitcoin from the real course of invention. Bitcoin was created to pay things online to remove inflation in the world and also to reduce the government control of currency. And today that purpose of bitcoin to pay things is not found in anywhere in the world except few. And this is caused by the creation of Ordinals and the competitive cryptocurrency market caused by altcoins. The real purpose of bitcoin was very good for all but investment has taken over the market. Though the bitcoin helps altcoins to grow because when bitcoin rise altcoins also rise and I don't really for the idealis school of thought that altcoins also helps bitcoin. I will not agree with that part of the thought. If there was no competition bitcoin would have been a good avenue to reduce government power in the economy.
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There is a popular saying that a tree cannot make a forest.
Bitcoin was doing well without the altcoins and the creation of Altcoins causes the deviation of bitcoin from the real course of invention. Bitcoin was created to pay things online to remove inflation in the world and also to reduce the government control of currency. And today that purpose of bitcoin to pay things is not found in anywhere in the world except few. And this is caused by the creation of Ordinals and the competitive cryptocurrency market caused by altcoins. The real purpose of bitcoin was very good for all but investment has taken over the market. Though the bitcoin helps altcoins to grow because when bitcoin rise altcoins also rise and I don't really for the idealis school of thought that altcoins also helps bitcoin. I will not agree with that part of the thought. If there was no competition bitcoin would have been a good avenue to reduce government power in the economy.
It's true, Bitcoin will continue to do well as you say, but for traders this won't go well because the price of bitcoin is too expensive making it difficult for them to grow assets in cryptocurrency, with altcoins traders have the opportunity to grow assets their cryptocurrency. With the development of altcoins, it can also be an alternative for making transactions if you don't want to use bitcoin because the transaction costs may be quite high.
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Bitcoin needs Altcoins, because people need to believe they can back another bitcoin, without this believe the crypto marketcap would have been a tiny fraction of what it is today.
Altcoins need bitcoin, because it is the brand that regroup them all, the name that promotes them all.
The crypto ecosystem is one, and if you fail to realise that, it means your heart was not in the right place to begin with.
Basically, if Bitcoin and altcoins are likened to a pair, these two coins are a pair that complement each other and if one experiences a price decrease, the other will also experience a price decrease along with its followers.
It's true what you said, if we fail to realize it, then it could be said that I haven't and am not in the right position to start. so there will still be doubts about crypto currency itself
It's hard to say that Bitcoin can only run alone without the support of altcoins, and vice versa. They need each other and support each other in trade so that movements between them can run well. But indeed, so far, the dependence of altcoins on everything that happens to bitcoin is very clear. Every time bitcoin increases and decreases, almost all altcoins will participate, even though there are many altcoins that can move, because their trading is quite good and highly recognized and can even increase without the influence of bitcoin. But currently everything is dependent on bitcoin, but bitcoin also cannot move alone because altcoin trading influences bitcoin.
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Those are quite fine points to consider and I believe a lot people haven't really been seeing the whole Bitcoin and altcoins relationship that way.
Although the belief have been that altcoins needs Bitcoin more (that's if bitcoin even needs altcoins) because Bitcoin's popularity and status has actually paved way for altcoins surface and thrive in the crypto space. So it's mostly believe that whatever popularity and altcoin attains in the crypto space, it's definitely because of Bitcoin.
And then the only benefit of altcoins to Bitcoin or crypto space at large that were very common amongst crypto enthusiasts is that Altcoins is believed to have offered diversity as well as innovation, now people have variety of options to also consider and divert their investment to, which actually helps to keep the crypto space vibrant and considerable for investors and other users.
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We aer gradually getting to that point where Bitcoin might not be able to give us that profiting returns many of us are used to in the past but people with large investment in Bitcoin will benefit from this very well. However, people with small investment should not only put their money in Bitcoin, they will probably make a little profits, it's better to diversify investment into other alts. We have many alts that are doing well and are good for diversifying of investment.
Currently, Bitcoin is at a fairly high price, so it requires a large amount of capital to be able to buy it and get a decent profit from the purchase made. If you have small capital it certainly won't have a big impact on being able to reach the maximum value.
I agree with you that if you only have small funds, then it is better to allocate them to potential altcoins because the income you will get is just as good and is enough to produce the best, because the increase is also the same.
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Those are quite fine points to consider and I believe a lot people haven't really been seeing the whole Bitcoin and altcoins relationship that way.
Although the belief have been that altcoins needs Bitcoin more (that's if bitcoin even needs altcoins) because Bitcoin's popularity and status has actually paved way for altcoins surface and thrive in the crypto space. So it's mostly believe that whatever popularity and altcoin attains in the crypto space, it's definitely because of Bitcoin.
And then the only benefit of altcoins to Bitcoin or crypto space at large that were very common amongst crypto enthusiasts is that Altcoins is believed to have offered diversity as well as innovation, now people have variety of options to also consider and divert their investment to, which actually helps to keep the crypto space vibrant and considerable for investors and other users.
In other words, Bitcoin is a pioneer and Altcoins is the next level for the adoption.
Altcoins have had a huge influence on the development of the crypto industry. Probably nothing or just the beginning.
And the rise of crypto is reshaping how we think about money and power.
It will be intriguing to see how the political landscape responds to this shifting tide.
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Those are quite fine points to consider and I believe a lot people haven't really been seeing the whole Bitcoin and altcoins relationship that way.
Although the belief have been that altcoins needs Bitcoin more (that's if bitcoin even needs altcoins) because Bitcoin's popularity and status has actually paved way for altcoins surface and thrive in the crypto space. So it's mostly believe that whatever popularity and altcoin attains in the crypto space, it's definitely because of Bitcoin.
And then the only benefit of altcoins to Bitcoin or crypto space at large that were very common amongst crypto enthusiasts is that Altcoins is believed to have offered diversity as well as innovation, now people have variety of options to also consider and divert their investment to, which actually helps to keep the crypto space vibrant and considerable for investors and other users.
In other words, Bitcoin is a pioneer and Altcoins is the next level for the adoption.
Altcoins have had a huge influence on the development of the crypto industry. Probably nothing or just the beginning.
And the rise of crypto is reshaping how we think about money and power.
It will be intriguing to see how the political landscape responds to this shifting tide.
Well I have a very different vision of this, for me the altcoins are the ones that need bitcoin, in an eventual disaster or crash worldwide, I think that the altcoins are the ones that will always bleed very quickly, that's why when I'm looking for a way to do things better, I can say that new forms of self-protection can be generated, some are looking for altcoins, and that is not bad, but we must see that altcoins cannot survive without bitcoin, 'because bitcoin is the one that has life Without bitcoin there are no altcoins, bitcoin has a life of its own, altcoins if we look closely will always follow bitcoin, in fact their movements are very similar , at least with altcoins that are older their graphs are very similar to bitcoin.
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Well I have a very different vision of this, for me the altcoins are the ones that need bitcoin, in an eventual disaster or crash worldwide, I think that the altcoins are the ones that will always bleed very quickly, that's why when I'm looking for a way to do things better, I can say that new forms of self-protection can be generated, some are looking for altcoins, and that is not bad, but we must see that altcoins cannot survive without bitcoin, 'because bitcoin is the one that has life Without bitcoin there are no altcoins, bitcoin has a life of its own, altcoins if we look closely will always follow bitcoin, in fact their movements are very similar , at least with altcoins that are older their graphs are very similar to bitcoin.
It's safe to say that most cryptocurrency traders and investors have Bitcoin as their primary investment objective.
Bitcoin accounts for more than half of all crypto asset market cap and altcoin prices are usually measured in Bitcoin.
This gives Bitcoin a lot of influence and control over Altcoin prices.
But Bitcoin and Altcoins are two sides of a coin that will influence each other as supply and demand are at the root of the relationship.
That's why traders/investors are advised to diversify, as this can help reduce the risk of both.
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Well I have a very different vision of this, for me the altcoins are the ones that need bitcoin, in an eventual disaster or crash worldwide, I think that the altcoins are the ones that will always bleed very quickly, that's why when I'm looking for a way to do things better, I can say that new forms of self-protection can be generated, some are looking for altcoins, and that is not bad, but we must see that altcoins cannot survive without bitcoin, 'because bitcoin is the one that has life Without bitcoin there are no altcoins, bitcoin has a life of its own, altcoins if we look closely will always follow bitcoin, in fact their movements are very similar , at least with altcoins that are older their graphs are very similar to bitcoin.
Don't look at it this way, think about the contributions of altcoins towards the adoption rate of Bitcoin and the overall market, if it wasn't for altcoins, Bitcoin wouldn't be as widespread as it is today because altcoin projects promote the market, and when the market is promoted, people tend to look for the leader of the market and we all know who the leader is, it's Bitcoin, of course.
So altcoins have greatly helped Bitcoin gain the level of adoption that it has today, this is why I also think that Bitcoin did need altcoins even if it doesn't need them anymore because it has become extremely popular now, but for adoption in the past, altcoins played a great role.
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Well I have a very different vision of this, for me the altcoins are the ones that need bitcoin, in an eventual disaster or crash worldwide, I think that the altcoins are the ones that will always bleed very quickly, that's why when I'm looking for a way to do things better, I can say that new forms of self-protection can be generated, some are looking for altcoins, and that is not bad, but we must see that altcoins cannot survive without bitcoin, 'because bitcoin is the one that has life Without bitcoin there are no altcoins, bitcoin has a life of its own, altcoins if we look closely will always follow bitcoin, in fact their movements are very similar , at least with altcoins that are older their graphs are very similar to bitcoin.
Don't look at it this way, think about the contributions of altcoins towards the adoption rate of Bitcoin and the overall market, if it wasn't for altcoins, Bitcoin wouldn't be as widespread as it is today because altcoin projects promote the market, and when the market is promoted, people tend to look for the leader of the market and we all know who the leader is, it's Bitcoin, of course.
So altcoins have greatly helped Bitcoin gain the level of adoption that it has today, this is why I also think that Bitcoin did need altcoins even if it doesn't need them anymore because it has become extremely popular now, but for adoption in the past, altcoins played a great role.
You are right, bitcoin also needs altcoins to be more popular like they are now. Because if it wasn't as popular as it is now, the price of bitcoin wouldn't be this expensive. Have we forgotten when bitcoin was first launched and at that time there were no altcoins, the price of bitcoin was very low
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You are right, bitcoin also needs altcoins to be more popular like they are now. Because if it wasn't as popular as it is now, the price of bitcoin wouldn't be this expensive. Have we forgotten when bitcoin was first launched and at that time there were no altcoins, the price of bitcoin was very low
Both Bitcoin and altcoins are related with each other and of course Bitcoin price is regularly changing the price of altcoins but it does not mean that the highest price of Bitcoin is due to the rise in altcoins price. It can be said that those who cannot buy Bitcoin due to the highest worth have the opportunity to buy some altcoins to increase the worth of their money.
If there was just a single currency like Bitcoin then people will not be involved in investment of crypto as much as they are now because everyone cannot afford the buying of Bitcoin due to its expensive nature.
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You are right, bitcoin also needs altcoins to be more popular like they are now. Because if it wasn't as popular as it is now, the price of bitcoin wouldn't be this expensive. Have we forgotten when bitcoin was first launched and at that time there were no altcoins, the price of bitcoin was very low
Both Bitcoin and altcoins are related with each other and of course Bitcoin price is regularly changing the price of altcoins but it does not mean that the highest price of Bitcoin is due to the rise in altcoins price. It can be said that those who cannot buy Bitcoin due to the highest worth have the opportunity to buy some altcoins to increase the worth of their money.
If there was just a single currency like Bitcoin then people will not be involved in investment of crypto as much as they are now because everyone cannot afford the buying of Bitcoin due to its expensive nature.
We can buy Bitcoin according to the money we have, so we don't have to buy at least 1 BTC. Bitcoin will always be king, where bitcoin price movements will influence the prices of other altcoins. that is the reality of what is happening in the crypto world
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You are right, bitcoin also needs altcoins to be more popular like they are now. Because if it wasn't as popular as it is now, the price of bitcoin wouldn't be this expensive. Have we forgotten when bitcoin was first launched and at that time there were no altcoins, the price of bitcoin was very low
I wouldn't really completely agree with this assertion.
The only reason bitcoin is doing so well today was because more people are adopting and using it, even before the emerging of altcoins, Bitcoin has been doing pretty well and still is, on the contrary, I believe it's the other altcoins that actually depends on Bitcoin's popularity to survive and do well.
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You are right, bitcoin also needs altcoins to be more popular like they are now. Because if it wasn't as popular as it is now, the price of bitcoin wouldn't be this expensive. Have we forgotten when bitcoin was first launched and at that time there were no altcoins, the price of bitcoin was very low
The existence of altcoins surely support Bitcoin. Bitcoin becomes popular because of the supports from altcoins. However, I think the price of Bitcoin isn't influenced by altcoins. Bitcoin price is growing with its own way, it is expensive because it has limited supply. But I don't deny that the popularity of Bitcoin triggers higher demands on Bitcoin. Anyway, we can't claim Bitcoin was has no value because there were no altcoins. Everything should be cheap when it is in a very early stage of development.
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You are right, bitcoin also needs altcoins to be more popular like they are now. Because if it wasn't as popular as it is now, the price of bitcoin wouldn't be this expensive. Have we forgotten when bitcoin was first launched and at that time there were no altcoins, the price of bitcoin was very low
The existence of altcoins surely support Bitcoin. Bitcoin becomes popular because of the supports from altcoins. However, I think the price of Bitcoin isn't influenced by altcoins. Bitcoin price is growing with its own way, it is expensive because it has limited supply. But I don't deny that the popularity of Bitcoin triggers higher demands on Bitcoin. Anyway, we can't claim Bitcoin was has no value because there were no altcoins. Everything should be cheap when it is in a very early stage of development.
You absolutely said it all in a more clearer way.
The reason bitcoin price was relatively low was because it was merely in its earliest stage and needed nothing but time and all it already has.
So I'll change my assessment a bit, I'd also say that on a scale of 1 to 10, if I'm to scale just how much altcoins contributed to Bitcoin's popularity, then I'll say just 1.
Reason because wa few people got introduced into the crypto industry via airdrops and bounties before they even got to know about Bitcoin so yeah in some little way altcoins might have just contributed a little to Bitcoin's popularity.
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Well I have a very different vision of this, for me the altcoins are the ones that need bitcoin, in an eventual disaster or crash worldwide, I think that the altcoins are the ones that will always bleed very quickly, that's why when I'm looking for a way to do things better, I can say that new forms of self-protection can be generated, some are looking for altcoins, and that is not bad, but we must see that altcoins cannot survive without bitcoin, 'because bitcoin is the one that has life Without bitcoin there are no altcoins, bitcoin has a life of its own, altcoins if we look closely will always follow bitcoin, in fact their movements are very similar , at least with altcoins that are older their graphs are very similar to bitcoin.
It's safe to say that most cryptocurrency traders and investors have Bitcoin as their primary investment objective.
Bitcoin accounts for more than half of all crypto asset market cap and altcoin prices are usually measured in Bitcoin.
This gives Bitcoin a lot of influence and control over Altcoin prices.
But Bitcoin and Altcoins are two sides of a coin that will influence each other as supply and demand are at the root of the relationship.
That's why traders/investors are advised to diversify, as this can help reduce the risk of both.
And I think something, if we diversify into crypto we should obviously have bitcoin and some small part in altcoins, although altcoins will always be very easy for the investment to fall, but we have to have them, but no, we don't have to put all our money in just crypto, also in real estate and in other types of investment, at least in the olibors they recommend it that way, in the case of saltcoins, there are many, in fact there are some that have returns so great that they exceed the profit levels that One hopes, but they are pump and dump coins, however this is valid, I believe a lot in safe altcoins like ETH, Moero, among others, but you still shouldn't trust yourself.
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And I think something, if we diversify into crypto we should obviously have bitcoin and some small part in altcoins, although altcoins will always be very easy for the investment to fall, but we have to have them, but no, we don't have to put all our money in just crypto, also in real estate and in other types of investment, at least in the olibors they recommend it that way, in the case of saltcoins, there are many, in fact there are some that have returns so great that they exceed the profit levels that One hopes, but they are pump and dump coins, however this is valid, I believe a lot in safe altcoins like ETH, Moero, among others, but you still shouldn't trust yourself.
Investment instruments are very diverse, ranging from low-risk assets to high-risk assets.
And what I mean by diversification here is about crypto investments.
Cryptocurrency is just one investment instrument, Real estate, Stocks, Gold, etc are other investment instruments.
I am not a financial advisor and I'm not trying to tell you to put all your money into crypto :)
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There is no intention to take sides with Bitcoin fans or Altcoin fans, but if you realize this is like a marketing strategy in selling. Between Bitcoin and Altcoin there are options, when there are BTC and ALT new people tend to choose between these two options, even though it's all still in the cryptocurrency pool. Meanwhile, if there is no ALT, investors most likely have other choices such as FIAT, gold, shares or others. It is clearly out of the cryptocurrency space which actually makes the existence of cryptocurrencies unpopular.
Altcoins are quite attractive for new people, and Bitcoin is attractive for long-term investments. I think the two really complement each other.
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We can buy Bitcoin according to the money we have, so we don't have to buy at least 1 BTC. Bitcoin will always be king, where bitcoin price movements will influence the prices of other altcoins. that is the reality of what is happening in the crypto world
There is no pressure on us to buy a whole Bitcoin so we can buy it in parts and this is the better option with Bitcoin investment. There is no better coin for investment other than Bitcoin because if we think about the pump of altcoins then we have to see the price fluctuations of Bitcoin because altcoins will always follow the path of Bitcoin.
Bitcoin and altcoins are a part of the crypto world so we cannot ignore the importance of any of these but the main thing here is that Bitcoin is a single investment asset that does not depend on others and also there is no chance to become scam but altcoins other than top ones are still doubtful for their success.
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So altcoins have greatly helped Bitcoin gain the level of adoption that it has today, this is why I also think that Bitcoin did need altcoins even if it doesn't need them anymore because it has become extremely popular now, but for adoption in the past, altcoins played a great role.
Altcoins didn't help Bitcoin but the other way round. Before the Bitcoin halving, all the coins get excited, they move together with Bitcoin and after the Bitcoin halving, Bitcoin continue to grow without taking altcoins on the ride, it will continue like that until a new all time high is set but despite this, some altcoins might be getting movements due to events and partnership and then when Bitcoin stop, it shift dominance and money from Bitcoin to altcoins, that's when you see altcoins making a run for their money. So I think Bitcoin help altcoins even more than they help bitcoin.
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And I think something, if we diversify into crypto we should obviously have bitcoin and some small part in altcoins, although altcoins will always be very easy for the investment to fall, but we have to have them, but no, we don't have to put all our money in just crypto, also in real estate and in other types of investment, at least in the olibors they recommend it that way, in the case of saltcoins, there are many, in fact there are some that have returns so great that they exceed the profit levels that One hopes, but they are pump and dump coins, however this is valid, I believe a lot in safe altcoins like ETH, Moero, among others, but you still shouldn't trust yourself.
Investment instruments are very diverse, ranging from low-risk assets to high-risk assets.
And what I mean by diversification here is about crypto investments.
Cryptocurrency is just one investment instrument, Real estate, Stocks, Gold, etc are other investment instruments.
I am not a financial advisor and I'm not trying to tell you to put all your money into crypto :)
No, not at all, I understand what you mean, I just was complementing what you said about diversifying only in crypto, because I know that it is a very good option , other than doing it in this way is not a bad idea, we all know what we are waiting for the Halving effect and it has not yet passed, we are also waiting for the effect of the ETFs, although I am not sure if it has already passed when it reached $73k, but in accordance with this, it could be that by 2025 things happen, then At this time it is good to get a good project where you buy cheap and wait for a new ATH to Arrive and then take advantage of 3x, 4x of any tokens or crypto, although this will always be a risk.
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The crypto ecosystem is one, and if you fail to realise that, it means your heart was not in the right place to begin with.
I think people can do whatever they want with their money.
Personally, I hold 85%+ btc and just 10% of ethereum and 5% or less of others.
But I do like to use ltc xmr usdt usdc to move my money around. Specially now that bitcoin fees are high . But I believe bitcoin fees will come back to normal and I can sell those coins...
There are also appearing now second layer solutions for bitcoin, like L-BTC (Liquid). Which is quite interesting.
Bitcoin has created confidence in the minds of all crypto users, which is why everyone, even if not investing in altcoins, has a small amount of investment in Bitcoin. I keep 50% of my crypto investments in bitcoin and another 50% in altcoins but 50% in just one bitcoin and the other 50% in many altcoins. Because I can't trust altcoins as much as I can trust bitcoin. I think the question of trust arises in everyone which is why everyone trusts Bitcoin so much
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Bitcoin has created confidence in the minds of all crypto users, which is why everyone, even if not investing in altcoins, has a small amount of investment in Bitcoin. I keep 50% of my crypto investments in bitcoin and another 50% in altcoins but 50% in just one bitcoin and the other 50% in many altcoins. Because I can't trust altcoins as much as I can trust bitcoin. I think the question of trust arises in everyone which is why everyone trusts Bitcoin so much
I think so too, many people would allocate more of their money to bitcoin than bitcoin, including me. I try to maximize Bitcoin, on the other hand I also don't want to miss the potential that altcoins have.
It's a shame if we see good potential, but we don't try to utilize it well, so allocating to invest in bitcoin and also in altcoins is a good choice that I can do.
Maybe for some people they only focus on bitcoin, but that's fine because it comes down to our own desires.
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Bitcoin has created confidence in the minds of all crypto users, which is why everyone, even if not investing in altcoins, has a small amount of investment in Bitcoin. I keep 50% of my crypto investments in bitcoin and another 50% in altcoins but 50% in just one bitcoin and the other 50% in many altcoins. Because I can't trust altcoins as much as I can trust bitcoin. I think the question of trust arises in everyone which is why everyone trusts Bitcoin so much
Everyone certainly agrees with you that every crypto user can be sure that the first investment they think about is Bitcoin, because Bitcoin carries very little risk and produces very big returns. What you have done is a good action that is divided in half between bitcoin and altcoin for investment. Of course, there are lots of altcoins to choose from, and you can choose which ones are in line with bitcoin, such as ethereum, bnb, sol., Because they are altcoins which always stick to each movement with bitcoins always complementing each other.
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Everyone certainly agrees with you that every crypto user can be sure that the first investment they think about is Bitcoin, because Bitcoin carries very little risk and produces very big returns. What you have done is a good action that is divided in half between bitcoin and altcoin for investment. Of course, there are lots of altcoins to choose from, and you can choose which ones are in line with bitcoin, such as ethereum, bnb, sol., Because they are altcoins which always stick to each movement with bitcoins always complementing each other.
The thing is, with Bitcoin you are getting predictable returns in a short time period compared to many traditional kinds of investments such as real estate, stocks, index funds, ... etc but still that is not enough for many people who want to get rich now. So what do they do? They don't buy altcoins, they go full degen and buy any memecoin or joke that they can find, hoping that it makes them a millionaire overnight. When that's simply not how it works.
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No, not at all, I understand what you mean, I just was complementing what you said about diversifying only in crypto, because I know that it is a very good option , other than doing it in this way is not a bad idea, we all know what we are waiting for the Halving effect and it has not yet passed, we are also waiting for the effect of the ETFs, although I am not sure if it has already passed when it reached $73k, but in accordance with this, it could be that by 2025 things happen, then At this time it is good to get a good project where you buy cheap and wait for a new ATH to Arrive and then take advantage of 3x, 4x of any tokens or crypto, although this will always be a risk.
Ah, my bad. I read too fast :) Thanks for the clarification.
The halving will not immediately change the price of BTC, but if history repeats, the halving's effect on the price will take a few months.
One of the things that could increase Bitcoin prices post-halving is the trend of Bitcoin ETF fund inflows which reflects investor sentiment towards the Bitcoin halving.
FYI. Millenium Management, one of the largest hedge funds in the world, has bought $2B of Bitcoin via ETFs.
https://twitter.com/danheld/status/1790859122881056847
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No, not at all, I understand what you mean, I just was complementing what you said about diversifying only in crypto, because I know that it is a very good option , other than doing it in this way is not a bad idea, we all know what we are waiting for the Halving effect and it has not yet passed, we are also waiting for the effect of the ETFs, although I am not sure if it has already passed when it reached $73k, but in accordance with this, it could be that by 2025 things happen, then At this time it is good to get a good project where you buy cheap and wait for a new ATH to Arrive and then take advantage of 3x, 4x of any tokens or crypto, although this will always be a risk.
Ah, my bad. I read too fast :) Thanks for the clarification.
The halving will not immediately change the price of BTC, but if history repeats, the halving's effect on the price will take a few months.
One of the things that could increase Bitcoin prices post-halving is the trend of Bitcoin ETF fund inflows which reflects investor sentiment towards the Bitcoin halving.
FYI. Millenium Management, one of the largest hedge funds in the world, has bought $2B of Bitcoin via ETFs.
https://twitter.com/danheld/status/1790859122881056847 (https://twitter.com/danheld/status/1790859122881056847)
Before the halving occurred, it seemed like the ETF effect had indeed occurred on Bitcoin, but it seemed like it would continue to happen again, and it would still take time after the halving, Because there could be a correction first and that is natural and very good for investors to continue buying and will provide encouragement for Bitcoin to increase sharply.
While waiting for the 4-year period which falls in 2025, there will be a lot of turmoil, and we have to be ready for that.
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No, not at all, I understand what you mean, I just was complementing what you said about diversifying only in crypto, because I know that it is a very good option , other than doing it in this way is not a bad idea, we all know what we are waiting for the Halving effect and it has not yet passed, we are also waiting for the effect of the ETFs, although I am not sure if it has already passed when it reached $73k, but in accordance with this, it could be that by 2025 things happen, then At this time it is good to get a good project where you buy cheap and wait for a new ATH to Arrive and then take advantage of 3x, 4x of any tokens or crypto, although this will always be a risk.
Ah, my bad. I read too fast :) Thanks for the clarification.
The halving will not immediately change the price of BTC, but if history repeats, the halving's effect on the price will take a few months.
One of the things that could increase Bitcoin prices post-halving is the trend of Bitcoin ETF fund inflows which reflects investor sentiment towards the Bitcoin halving.
FYI. Millenium Management, one of the largest hedge funds in the world, has bought $2B of Bitcoin via ETFs.
https://twitter.com/danheld/status/1790859122881056847 (https://twitter.com/danheld/status/1790859122881056847)
Before the halving occurred, it seemed like the ETF effect had indeed occurred on Bitcoin, but it seemed like it would continue to happen again, and it would still take time after the halving, Because there could be a correction first and that is natural and very good for investors to continue buying and will provide encouragement for Bitcoin to increase sharply.
While waiting for the 4-year period which falls in 2025, there will be a lot of turmoil, and we have to be ready for that.
Yes, in fact that is what mainly matters because basically the things when trying to generate a way to win with respect to Halving and ETF because at any moment it cannot happen, many think like us, that by 2025 what the cycle will be like can Rise the price and generate a new ATH , it is ideal, in this context we can say that each time a better path is Generated to increase the price, it is a good thing, but in 2025 many things are supposed to come , well , according to what I have seen in predictions, I'm not superstitious either, but if they launch another pandemic this could affect the Price and it is something that we should foresee, I hope not, and that everything turns out well.
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Before the halving occurred, it seemed like the ETF effect had indeed occurred on Bitcoin, but it seemed like it would continue to happen again, and it would still take time after the halving, Because there could be a correction first and that is natural and very good for investors to continue buying and will provide encouragement for Bitcoin to increase sharply.
While waiting for the 4-year period which falls in 2025, there will be a lot of turmoil, and we have to be ready for that.
I think so
Correction is a healthy reset, capital flows into the network climbing again, Bargains will float to the surface and correction can be the perfect time to get rich if we are prepared for one
BTC just had a halving, Financial Companies are coming in and Halving will make BTC more valuable.
We are still in the early stages of a huge exponential move, Bitcoin season.
And I hope Altcoin season will follow soon
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Before the halving occurred, it seemed like the ETF effect had indeed occurred on Bitcoin, but it seemed like it would continue to happen again, and it would still take time after the halving, Because there could be a correction first and that is natural and very good for investors to continue buying and will provide encouragement for Bitcoin to increase sharply.
While waiting for the 4-year period which falls in 2025, there will be a lot of turmoil, and we have to be ready for that.
I think so
Correction is a healthy reset, capital flows into the network climbing again, Bargains will float to the surface and correction can be the perfect time to get rich if we are prepared for one
BTC just had a halving, Financial Companies are coming in and Halving will make BTC more valuable.
We are still in the early stages of a huge exponential move, Bitcoin season.
And I hope Altcoin season will follow soon
agree, because this is the initial stage of the 4-year cycle that usually occurs. corrections will always happen, although many panic and think the bullish season is over, I don't think they look at past experiences. Bitcoin is bullish after a year of bitcoin halving, that's what usually happens.
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agree, because this is the initial stage of the 4-year cycle that usually occurs. corrections will always happen, although many panic and think the bullish season is over, I don't think they look at past experiences. Bitcoin is bullish after a year of bitcoin halving, that's what usually happens.
When the 4 year cycle is finished, we have to leave immediately to secure the profits we have made, converting all assets into USDT is a very good choice. It is very easy to make a profit in Cryptocurrency. We only need to understand and follow the price movements that occur in cryptocurrency to still make a profit.
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agree, because this is the initial stage of the 4-year cycle that usually occurs. corrections will always happen, although many panic and think the bullish season is over, I don't think they look at past experiences. Bitcoin is bullish after a year of bitcoin halving, that's what usually happens.
When the 4 year cycle is finished, we have to leave immediately to secure the profits we have made, converting all assets into USDT is a very good choice. It is very easy to make a profit in Cryptocurrency. We only need to understand and follow the price movements that occur in cryptocurrency to still make a profit.
It sounds easy, but in reality, it's not that easy.
It takes a strong belief to keep believing in Bitcoin, volatility can sometimes scare us and the market will eventually force us to sell and the massive gains won’t be there anymore.
Investing is about money management, and becoming a BTC bull by choice.
So keep calm, stay safe and Patience is the virtue
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agree, because this is the initial stage of the 4-year cycle that usually occurs. corrections will always happen, although many panic and think the bullish season is over, I don't think they look at past experiences. Bitcoin is bullish after a year of bitcoin halving, that's what usually happens.
When the 4 year cycle is finished, we have to leave immediately to secure the profits we have made, converting all assets into USDT is a very good choice. It is very easy to make a profit in Cryptocurrency. We only need to understand and follow the price movements that occur in cryptocurrency to still make a profit.
It's very interesting what you say, but you have to remember don't be greedy when the price has increased. Once you're sure it's what you want, sell straight away. After that, it was quite interesting to return to the initial situation by transferring some of them to USDT coins, because that was the best way.
When the price goes down, just go back to buying and holding until the next halving time limit if you don't want to do short-term trading.
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agree, because this is the initial stage of the 4-year cycle that usually occurs. corrections will always happen, although many panic and think the bullish season is over, I don't think they look at past experiences. Bitcoin is bullish after a year of bitcoin halving, that's what usually happens.
When the 4 year cycle is finished, we have to leave immediately to secure the profits we have made, converting all assets into USDT is a very good choice. It is very easy to make a profit in Cryptocurrency. We only need to understand and follow the price movements that occur in cryptocurrency to still make a profit.
It's very interesting what you say, but you have to remember don't be greedy when the price has increased. Once you're sure it's what you want, sell straight away. After that, it was quite interesting to return to the initial situation by transferring some of them to USDT coins, because that was the best way.
When the price goes down, just go back to buying and holding until the next halving time limit if you don't want to do short-term trading.
Yes, that's right, don't be greedy. When we have made a profit, we can sell it and convert it to USD, then wait for a correction to occur, we can buy potential coins again to hold. This is the best way we can do right now besides daily trading.
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agree, because this is the initial stage of the 4-year cycle that usually occurs. corrections will always happen, although many panic and think the bullish season is over, I don't think they look at past experiences. Bitcoin is bullish after a year of bitcoin halving, that's what usually happens.
When the 4 year cycle is finished, we have to leave immediately to secure the profits we have made, converting all assets into USDT is a very good choice. It is very easy to make a profit in Cryptocurrency. We only need to understand and follow the price movements that occur in cryptocurrency to still make a profit.
It's very interesting what you say, but you have to remember don't be greedy when the price has increased. Once you're sure it's what you want, sell straight away. After that, it was quite interesting to return to the initial situation by transferring some of them to USDT coins, because that was the best way.
When the price goes down, just go back to buying and holding until the next halving time limit if you don't want to do short-term trading.
Yes, that's right, don't be greedy. When we have made a profit, we can sell it and convert it to USD, then wait for a correction to occur, we can buy potential coins again to hold. This is the best way we can do right now besides daily trading.
Sometimes, if you have the profit you want to be bigger and continue to wait until what you want can be achieved, even though sometimes the argument can actually turn around so it does not accept the benefits as you wish, then later regret it. With no greed, we can determine the limit and stop when it has been achieved.
Agree, if it is profitable, partly transferred to USDT buy later again when it is corrected, and hold back until the next increase
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It's very interesting what you say, but you have to remember don't be greedy when the price has increased. Once you're sure it's what you want, sell straight away. After that, it was quite interesting to return to the initial situation by transferring some of them to USDT coins, because that was the best way.
When the price goes down, just go back to buying and holding until the next halving time limit if you don't want to do short-term trading.
Its important thing with altcoin when market crashing we can convert awhile our assets to stable coins and buy back later after good moment for entry.
Between bitcoin and altcoin become most important part in cryptocurrency and we have many option to buy depend on our capital, for small capital will priority to buy altcoin comparison how much ratio profitable earn bigger than bitcoin. But for large capital and won't get more risk will investing in bitcoin than altcoin as for high risk and high return profitable earn.
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It's very interesting what you say, but you have to remember don't be greedy when the price has increased. Once you're sure it's what you want, sell straight away. After that, it was quite interesting to return to the initial situation by transferring some of them to USDT coins, because that was the best way.
When the price goes down, just go back to buying and holding until the next halving time limit if you don't want to do short-term trading.
Its important thing with altcoin when market crashing we can convert awhile our assets to stable coins and buy back later after good moment for entry.
Between bitcoin and altcoin become most important part in cryptocurrency and we have many option to buy depend on our capital, for small capital will priority to buy altcoin comparison how much ratio profitable earn bigger than bitcoin. But for large capital and won't get more risk will investing in bitcoin than altcoin as for high risk and high return profitable earn.
Swapping a sinking alt to usdt or usdc in the USA is a tax reportable event. If you have say 10000 doge that you swap to usdc on a USA exchange like coinbase they will want it reported.
So I swap a dull coin to USD. Same reporting issues but USD is insured on coinbase up to 250,000 which I likely will never be that high amount my USD is safe.
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Yes, that's right, don't be greedy. When we have made a profit, we can sell it and convert it to USD, then wait for a correction to occur, we can buy potential coins again to hold. This is the best way we can do right now besides daily trading.
Greed can always put you at risk and if you are greedy to not accept the little profit then you will never become a profitable investor as many people whose wishes are not fulfilled remain unsuccessful because they remain unsatisfied.
It is better to accept little profit and invest it in another asset that you think will surely give you profit like that of bitcoin and Ethereum. But if you are not taking little profit then neither you can buy another coin nor you can find the already bought coins as a beneficial coin.
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Yes, that's right, don't be greedy. When we have made a profit, we can sell it and convert it to USD, then wait for a correction to occur, we can buy potential coins again to hold. This is the best way we can do right now besides daily trading.
Greed can always put you at risk and if you are greedy to not accept the little profit then you will never become a profitable investor as many people whose wishes are not fulfilled remain unsuccessful because they remain unsatisfied.
It is better to accept little profit and invest it in another asset that you think will surely give you profit like that of bitcoin and Ethereum. But if you are not taking little profit then neither you can buy another coin nor you can find the already bought coins as a beneficial coin.
Our main enemy is ourselves, and greed comes from ourselves, so that's what we have to fight so that it doesn't control us and make us fall into unwanted situations.
In any case, greed will always end badly and as much as possible we should not follow it. The reason is that I believe everyone has that feeling, because it is a characteristic that humans have. So we have to win the war against ourselves.
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Yes, that's right, don't be greedy. When we have made a profit, we can sell it and convert it to USD, then wait for a correction to occur, we can buy potential coins again to hold. This is the best way we can do right now besides daily trading.
Greed can always put you at risk and if you are greedy to not accept the little profit then you will never become a profitable investor as many people whose wishes are not fulfilled remain unsuccessful because they remain unsatisfied.
It is better to accept little profit and invest it in another asset that you think will surely give you profit like that of bitcoin and Ethereum. But if you are not taking little profit then neither you can buy another coin nor you can find the already bought coins as a beneficial coin.
Our main enemy is ourselves, and greed comes from ourselves, so that's what we have to fight so that it doesn't control us and make us fall into unwanted situations.
In any case, greed will always end badly and as much as possible we should not follow it. The reason is that I believe everyone has that feeling, because it is a characteristic that humans have. So we have to win the war against ourselves.
Well in that you are absolutely right, greed is one of the things that we Must learn to Manage and not have, many are Greedy , because who wouldn't like to have more ? I think everyone is, we are people who are always going to fight to have better things, that is why whenever we do something related to crypto or bitcoin we have to see all the possibilities to do to earn more because they are done, only you have to be very careful, one day Greed won me over, because I Thought that by putting money into a single currency I was going to earn a lot, and it turns out that it went down in price and very ugly.
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Our main enemy is ourselves, and greed comes from ourselves, so that's what we have to fight so that it doesn't control us and make us fall into unwanted situations.
In any case, greed will always end badly and as much as possible we should not follow it. The reason is that I believe everyone has that feeling, because it is a characteristic that humans have. So we have to win the war against ourselves.
Well in that you are absolutely right, greed is one of the things that we Must learn to Manage and not have, many are Greedy , because who wouldn't like to have more ? I think everyone is, we are people who are always going to fight to have better things, that is why whenever we do something related to crypto or bitcoin we have to see all the possibilities to do to earn more because they are done, only you have to be very careful, one day Greed won me over, because I Thought that by putting money into a single currency I was going to earn a lot, and it turns out that it went down in price and very ugly.
Yes, we as humans always want more, that's normal. However, we have to know the limits so that our desires don't fall into the realm of greed. I think when we can think clearly we will be able to differentiate between what leads to greed and what doesn't.
There is no human being who doesn't want to get more, in my opinion, but we also have to know which measures are reasonable and which are not.
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Our main enemy is ourselves, and greed comes from ourselves, so that's what we have to fight so that it doesn't control us and make us fall into unwanted situations.
In any case, greed will always end badly and as much as possible we should not follow it. The reason is that I believe everyone has that feeling, because it is a characteristic that humans have. So we have to win the war against ourselves.
Our main enemy is our emotions of if we work a lot and learn everything regarding the field but have no control over our emotions then all our efforts will be useless. We should first learn how to continue our journey of success without involvement of greed and other types of emotions.
Learning about the market is easy but controlling emotions is difficult therefore use your active mind to get lessons about trading and investment but focus more on how to avoid loss by learning from loss instead of crying for your whole life. Those who use their loss and mistake for getting Knowledge and try to never do that again will not be trapped into unnecessary losses in future.
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Yes, that's right, don't be greedy. When we have made a profit, we can sell it and convert it to USD, then wait for a correction to occur, we can buy potential coins again to hold. This is the best way we can do right now besides daily trading.
Greed can always put you at risk and if you are greedy to not accept the little profit then you will never become a profitable investor as many people whose wishes are not fulfilled remain unsuccessful because they remain unsatisfied.
It is better to accept little profit and invest it in another asset that you think will surely give you profit like that of bitcoin and Ethereum. But if you are not taking little profit then neither you can buy another coin nor you can find the already bought coins as a beneficial coin.
human nature who feels whatever is done, dissatisfied with the results obtained by the name is greed. This is a character that is difficult to change if there is no self -awareness of the mistakes he made.
Agree with your friend, when there is an opportunity to be able to produce, even though it is fairly small, of course, it must be grateful instead of wanting more ones where it can actually cancel the results that should have been acceptable, so you lose the opportunity to be able to enjoy it.
Greed is a trait inherent in humans who are not always grateful for anything that has been received.
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human nature who feels whatever is done, dissatisfied with the results obtained by the name is greed. This is a character that is difficult to change if there is no self -awareness of the mistakes he made.
Agree with your friend, when there is an opportunity to be able to produce, even though it is fairly small, of course, it must be grateful instead of wanting more ones where it can actually cancel the results that should have been acceptable, so you lose the opportunity to be able to enjoy it.
Greed is a trait inherent in humans who are not always grateful for anything that has been received.
A greedy person cannot realize that all he lost is due to his greed and he is putting the responsibility on the source of earning but I think if everyone of us starts to accept the little benefit then we will be able to eliminate greed which ruins our whole profit.
Greedy people desire to have more but when they find more then they start to think that this is not enough some more will be better so in this way he is missing all of his earned amount and then set alone by regretting for what he has done.
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Greedy people desire to have more but when they find more then they start to think that this is not enough some more will be better so in this way he is missing all of his earned amount and then set alone by regretting for what he has done.
Yes, that's what happens around us. Sometimes what we've got seems like it's still not enough. You're right because they find more, so greed arises, and they feel that what they've got isn't enough and if it could be more. So people like this cannot enjoy what they have got, so it is not surprising that in the end what was there disappears and only regret occurs, and it has already happened, and they can no longer hope for it to come back again.
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Yes, that's what happens around us. Sometimes what we've got seems like it's still not enough. You're right because they find more, so greed arises, and they feel that what they've got isn't enough and if it could be more. So people like this cannot enjoy what they have got, so it is not surprising that in the end what was there disappears and only regret occurs, and it has already happened, and they can no longer hope for it to come back again.
Those who have greed cannot make good use of their already earned profit because their eyes are stuck on the happiness and blessing of others but I think they should remember that they cannot get more than what is in their fate. If they become thankful then maybe they will get more and will not regret it in future.
In crypto it is necessary to accept the little advantage because nobody knows that if he waits more then this advantage will increase or will turn into disadvantages so try to accept what you have and if you want more then buy during another chance but don't miss the already earned profit.
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Yes, they both needs the compliment of each other for them to be able to shake the town and make the buzz together in cryptocurrency, we cannot denied the fact that many had been made rich and got served with several opportunities from them both, same has also happened that some have lost it through without being careful, but the good about all is that there is always an opportunity in cryptocurrency regardless of going for either of them or both.
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Our main enemy is ourselves, and greed comes from ourselves, so that's what we have to fight so that it doesn't control us and make us fall into unwanted situations.
In any case, greed will always end badly and as much as possible we should not follow it. The reason is that I believe everyone has that feeling, because it is a characteristic that humans have. So we have to win the war against ourselves.
Our main enemy is our emotions of if we work a lot and learn everything regarding the field but have no control over our emotions then all our efforts will be useless. We should first learn how to continue our journey of success without involvement of greed and other types of emotions.
Learning about the market is easy but controlling emotions is difficult therefore use your active mind to get lessons about trading and investment but focus more on how to avoid loss by learning from loss instead of crying for your whole life. Those who use their loss and mistake for getting Knowledge and try to never do that again will not be trapped into unnecessary losses in future.
The two things you say are not easy things to do. On the one hand, we must be able to control our emotions, on the other hand, we must be able to regulate ourselves so that we don't become too greedy.
Theory and practice will be different, maybe we are still in theory, but don't think we will be able to control it well when practicing. Because in practice we grow something in our minds and brains, unlike theory which in my opinion is based on understanding that we can absorb with our thoughts.
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It's very interesting what you say, but you have to remember don't be greedy when the price has increased. Once you're sure it's what you want, sell straight away. After that, it was quite interesting to return to the initial situation by transferring some of them to USDT coins, because that was the best way.
When the price goes down, just go back to buying and holding until the next halving time limit if you don't want to do short-term trading.
Its important thing with altcoin when market crashing we can convert awhile our assets to stable coins and buy back later after good moment for entry.
Between bitcoin and altcoin become most important part in cryptocurrency and we have many option to buy depend on our capital, for small capital will priority to buy altcoin comparison how much ratio profitable earn bigger than bitcoin. But for large capital and won't get more risk will investing in bitcoin than altcoin as for high risk and high return profitable earn.
Buying altcoin with small capital does not mean that you will become profitable. It depends on the altcoin by you are buying, this is the mistake that some investors make, they feel that altcoins is good when to invest in because bitcoin is expensive. With the small capital that you have, you can use it to DCA and buy bitcoin weekly or monthly and before you know it, you will have acquired a good amount overtime. You must not have big money before you buy bitcoin, and lump sum is not the only strategy in which one can buy bitcoin with.
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- Maybe I can't say that altcoins are bad for Bitcoin because, for other reasons, Bitcoin's popularity has accelerated because of altcoins, although it wasn't good in the beginning because scammers have actually used altcoins for scams on people in different parts of the world.
And on the other hand, if it weren't for Bitcoin, no altcoins would be created. It seems to me that they are both important; they can't be separated because they help each other; they are like a couple in short, or it could be electricity; there will be no light without positive and negative; and our humans can't learn if we don't make mistakes, right? Just an illustration.
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- Maybe I can't say that altcoins are bad for Bitcoin because, for other reasons, Bitcoin's popularity has accelerated because of altcoins, although it wasn't good in the beginning because scammers have actually used altcoins for scams on people in different parts of the world.
And on the other hand, if it weren't for Bitcoin, no altcoins would be created. It seems to me that they are both important; they can't be separated because they help each other; they are like a couple in short, or it could be electricity; there will be no light without positive and negative; and our humans can't learn if we don't make mistakes, right? Just an illustration.
Bitcoin and Altcoins have a close relationship, without Bitcoin there would not necessarily be Altcoins and without Altcoins it is not certain that Bitcoin would be as popular as it is today.
In my opinion, the two are interdependent. If there is a problem with fraud in Altcoins, I think this is normal.
Because if you talk about something that has a relationship or is about money, then this will be used by fraudsters to gain personal advantage for themselves.
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It's very interesting what you say, but you have to remember don't be greedy when the price has increased. Once you're sure it's what you want, sell straight away. After that, it was quite interesting to return to the initial situation by transferring some of them to USDT coins, because that was the best way.
When the price goes down, just go back to buying and holding until the next halving time limit if you don't want to do short-term trading.
Its important thing with altcoin when market crashing we can convert awhile our assets to stable coins and buy back later after good moment for entry.
Between bitcoin and altcoin become most important part in cryptocurrency and we have many option to buy depend on our capital, for small capital will priority to buy altcoin comparison how much ratio profitable earn bigger than bitcoin. But for large capital and won't get more risk will investing in bitcoin than altcoin as for high risk and high return profitable earn.
Buying altcoin with small capital does not mean that you will become profitable. It depends on the altcoin by you are buying, this is the mistake that some investors make, they feel that altcoins is good when to invest in because bitcoin is expensive. With the small capital that you have, you can use it to DCA and buy bitcoin weekly or monthly and before you know it, you will have acquired a good amount overtime. You must not have big money before you buy bitcoin, and lump sum is not the only strategy in which one can buy bitcoin with.
Buying anything, be it altcoin or bitcoin, with the DCA scheme is clearly possible and doesn't look at the value of what we do, but because of why we do it, because we don't have the ability to buy in large units or values, so we need a DCA scheme.
Buying Bitcoin is the best way, but buying altcoin potential. There is also just as good. There is no difference that will be received with what we buy because the value will be the same because of the scheme we use. As long as whatever investment we make will provide guaranteed profits, whatever we buy, it will be the same, but in the long term, you must be wise in placing bitcoin because it minimizes losses that might occur.
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It's very interesting what you say, but you have to remember don't be greedy when the price has increased. Once you're sure it's what you want, sell straight away. After that, it was quite interesting to return to the initial situation by transferring some of them to USDT coins, because that was the best way.
When the price goes down, just go back to buying and holding until the next halving time limit if you don't want to do short-term trading.
Its important thing with altcoin when market crashing we can convert awhile our assets to stable coins and buy back later after good moment for entry.
Between bitcoin and altcoin become most important part in cryptocurrency and we have many option to buy depend on our capital, for small capital will priority to buy altcoin comparison how much ratio profitable earn bigger than bitcoin. But for large capital and won't get more risk will investing in bitcoin than altcoin as for high risk and high return profitable earn.
Buying altcoin with small capital does not mean that you will become profitable. It depends on the altcoin by you are buying, this is the mistake that some investors make, they feel that altcoins is good when to invest in because bitcoin is expensive. With the small capital that you have, you can use it to DCA and buy bitcoin weekly or monthly and before you know it, you will have acquired a good amount overtime. You must not have big money before you buy bitcoin, and lump sum is not the only strategy in which one can buy bitcoin with.
Buying anything, be it altcoin or bitcoin, with the DCA scheme is clearly possible and doesn't look at the value of what we do, but because of why we do it, because we don't have the ability to buy in large units or values, so we need a DCA scheme.
Buying Bitcoin is the best way, but buying altcoin potential. There is also just as good. There is no difference that will be received with what we buy because the value will be the same because of the scheme we use. As long as whatever investment we make will provide guaranteed profits, whatever we buy, it will be the same, but in the long term, you must be wise in placing bitcoin because it minimizes losses that might occur.
We can use the DCA method in Altcoins, but I think it is not a good thing to do, Altcoin price movements are different from Bitcoin. Bitcoin has a limited supply so there is an opportunity for the price to increase and become more expensive than before. Meanwhile, Altcoins have a very large supply. So there is no guarantee that when Altcoin prices collapse they will return to high prices. Altcoins, if used for long-term investment, will not provide a guarantee of getting a lot of profit.
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Bitcoin and Altcoins have a close relationship, without Bitcoin there would not necessarily be Altcoins and without Altcoins it is not certain that Bitcoin would be as popular as it is today.
In my opinion, the two are interdependent. If there is a problem with fraud in Altcoins, I think this is normal.
Because if you talk about something that has a relationship or is about money, then this will be used by fraudsters to gain personal advantage for themselves.
All these coins are connected with each other and people are investing in both altcoins and bitcoin so I think we cannot deny the profit from both of them. If there were no altcoins then people will not be more interested in crypto investment as everyone cannot make investment in Bitcoin but this fact is not understandable by most of the individuals.
In terms of surety we can get sure profit from Bitcoin investment but we cannot get sure profit from each type of altcoins therefore it is also possible that Bitcoins success has made the success of altcoins easy and achievable.
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Bitcoin and Altcoins have a close relationship, without Bitcoin there would not necessarily be Altcoins and without Altcoins it is not certain that Bitcoin would be as popular as it is today.
In my opinion, the two are interdependent. If there is a problem with fraud in Altcoins, I think this is normal.
Because if you talk about something that has a relationship or is about money, then this will be used by fraudsters to gain personal advantage for themselves.
All these coins are connected with each other and people are investing in both altcoins and bitcoin so I think we cannot deny the profit from both of them. If there were no altcoins then people will not be more interested in crypto investment as everyone cannot make investment in Bitcoin but this fact is not understandable by most of the individuals.
In terms of surety we can get sure profit from Bitcoin investment but we cannot get sure profit from each type of altcoins therefore it is also possible that Bitcoins success has made the success of altcoins easy and achievable.
Bitcoin can indeed be said to be more guaranteed to gain profits compared to Altcoins, but perhaps because the price of Bitcoin is high or price movements tend to be slow compared to some Altcoins which happen to sometimes pump hard so many people prefer Altcoins to Bitcoin.
But actually regarding security, of course investing in Bitcoin is safer when compared to investing in Altcoins.
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Bitcoin and Altcoins have a close relationship, without Bitcoin there would not necessarily be Altcoins and without Altcoins it is not certain that Bitcoin would be as popular as it is today.
In my opinion, the two are interdependent. If there is a problem with fraud in Altcoins, I think this is normal.
Because if you talk about something that has a relationship or is about money, then this will be used by fraudsters to gain personal advantage for themselves.
All these coins are connected with each other and people are investing in both altcoins and bitcoin so I think we cannot deny the profit from both of them. If there were no altcoins then people will not be more interested in crypto investment as everyone cannot make investment in Bitcoin but this fact is not understandable by most of the individuals.
In terms of surety we can get sure profit from Bitcoin investment but we cannot get sure profit from each type of altcoins therefore it is also possible that Bitcoins success has made the success of altcoins easy and achievable.
Bitcoin can indeed be said to be more guaranteed to gain profits compared to Altcoins, but perhaps because the price of Bitcoin is high or price movements tend to be slow compared to some Altcoins which happen to sometimes pump hard so many people prefer Altcoins to Bitcoin.
But actually regarding security, of course investing in Bitcoin is safer when compared to investing in Altcoins.
That's right, friend, because from the price alone, you can see the difference and you have to think about it, because bitcoin is very safe compared to altcoins for investment, especially in the long term, although quite a few altcoins are able to provide the same hope as bitcoin.
Yes, quite a few people also want to buy altcoins because the movement is quite fast and can provide opportunities to gain profits. There are always two different sides and, for this reason, we must always observe where we are going now.
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That's right, friend, because from the price alone, you can see the difference and you have to think about it, because bitcoin is very safe compared to altcoins for investment, especially in the long term, although quite a few altcoins are able to provide the same hope as bitcoin.
Yes, quite a few people also want to buy altcoins because the movement is quite fast and can provide opportunities to gain profits. There are always two different sides and, for this reason, we must always observe where we are going now.
High volumes will result in rapid price fluctuations, which is always the case with newly released altcoins.
Several altcoins such as ZK, ZRO yesterday were excited by the rapid price fluctuations in many CEXs.
I logged in and out quickly as well to make instant profits.
But Bitcoin is a long-term investment, although some altcoins are also recommended for the long term,
such as ETH which always follows the price of Bitcoin.
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Bitcoin can indeed be said to be more guaranteed to gain profits compared to Altcoins, but perhaps because the price of Bitcoin is high or price movements tend to be slow compared to some Altcoins which happen to sometimes pump hard so many people prefer Altcoins to Bitcoin.
But actually regarding security, of course investing in Bitcoin is safer when compared to investing in Altcoins.
That's right, friend, because from the price alone, you can see the difference and you have to think about it, because bitcoin is very safe compared to altcoins for investment, especially in the long term, although quite a few altcoins are able to provide the same hope as bitcoin.
Yes, quite a few people also want to buy altcoins because the movement is quite fast and can provide opportunities to gain profits. There are always two different sides and, for this reason, we must always observe where we are going now.
But if we want to buy Altcoins, then we have to be good at analyzing them. What is the potential of the Altcoin that we will buy later, is it possible that we will get a profit from the purchase?!
And if we don't have this expertise, then the only safer way we can choose is to choose an Altcoin that is at the top of the ranking. It is as Safe and Potential as Bitcoin.
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- Maybe I can't say that altcoins are bad for Bitcoin because, for other reasons, Bitcoin's popularity has accelerated because of altcoins, although it wasn't good in the beginning because scammers have actually used altcoins for scams on people in different parts of the world.
And on the other hand, if it weren't for Bitcoin, no altcoins would be created. It seems to me that they are both important; they can't be separated because they help each other; they are like a couple in short, or it could be electricity; there will be no light without positive and negative; and our humans can't learn if we don't make mistakes, right? Just an illustration.
Bitcoin and Altcoins have a close relationship, without Bitcoin there would not necessarily be Altcoins and without Altcoins it is not certain that Bitcoin would be as popular as it is today.
In my opinion, the two are interdependent. If there is a problem with fraud in Altcoins, I think this is normal.
Because if you talk about something that has a relationship or is about money, then this will be used by fraudsters to gain personal advantage for themselves.
- You are also right, mate. There is no difference between Bitcoin and fiat when we talk about them; they are only used by people with bad intentions or goals. Even without cryptocurrency and Bitcoin, scammers can use the money for nefarious purposes.
Bitcoin and cryptocurrency have only been added to those that bad people can use to cheat other people; in short, Bitcoin and cryptocurrency are not bad, but those who hold and use them.
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In as much as Bitcoin is important so are altcoins because, the present of altcoins and some failed project that brought about the comparison and the measurements of the reputation of Bitcoin. Assuming there is no altcoin, most person would find it difficult to believe that Bitcoin is actually a genuine project, even with the pump in its price from the Genesis block till date. And without Bitcoin the word altcoin wouldn't have been in existence so they need each other. Though Bitcoin can be independent, don't get me wrong buy altcoins also made it a bit popular.
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Bitcoin can indeed be said to be more guaranteed to gain profits compared to Altcoins, but perhaps because the price of Bitcoin is high or price movements tend to be slow compared to some Altcoins which happen to sometimes pump hard so many people prefer Altcoins to Bitcoin.
But actually regarding security, of course investing in Bitcoin is safer when compared to investing in Altcoins.
People prefer altcoins because altcoins rise quickly and they can give you quick profit but remember that the rate of dropping is also quicker than that of bitcoin. Everyone cannot wait enough to take the profit from Bitcoin therefore they prefer altcoins but I will always suggest that Bitcoin is more profitable even if it requires a holder to wait longer.
Altcoins are also profitable but due to some risk Bitcoin is considered as more profitable but as today's generation accept the quicker profit and have no patience so they will always invest in altcoins more often than Bitcoin.
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In as much as Bitcoin is important so are altcoins because, the present of altcoins and some failed project that brought about the comparison and the measurements of the reputation of Bitcoin. Assuming there is no altcoin, most person would find it difficult to believe that Bitcoin is actually a genuine project, even with the pump in its price from the Genesis block till date. And without Bitcoin the word altcoin wouldn't have been in existence so they need each other. Though Bitcoin can be independent, don't get me wrong buy altcoins also made it a bit popular.
It's ironic that after the price of Bitcoin has risen to this high and it has remained so long, there are still many people who doubt Bitcoin and are afraid to buy Bitcoin. For those of us who already understand Bitcoin, we prefer to buy Bitcoin rather than Altcoins. Bitcoin has a clear exchange rate due to the influence of limited supply and very high demand. Meanwhile, Altcoins are full of price manipulation and are very dangerous to own.
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In the context of “fighting” highly centralized government currencies, yes altcoins have played a big role. But, technically bitcoin doesn't need altcoins to continue functioning according to its function.
Tbh, I'm also not a maximalist and am grateful that several altcoins have arrived for all their business purposes. That is, if the government considers it an enemy then they have to fight that much. Or vice versa, they welcome them with friendly rules.
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Bitcoin can indeed be said to be more guaranteed to gain profits compared to Altcoins, but perhaps because the price of Bitcoin is high or price movements tend to be slow compared to some Altcoins which happen to sometimes pump hard so many people prefer Altcoins to Bitcoin.
But actually regarding security, of course investing in Bitcoin is safer when compared to investing in Altcoins.
People prefer altcoins because altcoins rise quickly and they can give you quick profit but remember that the rate of dropping is also quicker than that of bitcoin. Everyone cannot wait enough to take the profit from Bitcoin therefore they prefer altcoins but I will always suggest that Bitcoin is more profitable even if it requires a holder to wait longer.
Altcoins are also profitable but due to some risk Bitcoin is considered as more profitable but as today's generation accept the quicker profit and have no patience so they will always invest in altcoins more often than Bitcoin.
Whatever the reason, Bitcoin is the safest investment compared to many Altcoins at once, people who want to make quick profits by choosing Altcoins are right.
But remember, if they choose the wrong Altcoin, their money will definitely be lost and never come back. But it's different if their choice is a top ranking Altcoin such as Ethereum, BNB and others, that might be safer.
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"Coins" maybe, but certainly not tokens. Just because there are some tokens out there that gets people hyped about crypto, doesn't mean that they worth any attention at all. Let me put it this way, if there are a million people all hyped for a token and then that token turns out to be nothing good, then are we sure that was a good thing? How many people have we lost because of it? This is why I would say something good could be a very well reason to help bitcoin, which would be good coins out there, but some tokens out there which is so easy to build, could be just bad for business in general.
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It's ironic that after the price of Bitcoin has risen to this high and it has remained so long, there are still many people who doubt Bitcoin and are afraid to buy Bitcoin. For those of us who already understand Bitcoin, we prefer to buy Bitcoin rather than Altcoins. Bitcoin has a clear exchange rate due to the influence of limited supply and very high demand. Meanwhile, Altcoins are full of price manipulation and are very dangerous to own.
I hold a strong belief that those who ignores Bitcoin investment today probably because they don't like it or they deem the the price to be too high for investment, they will surely come to regret on how they have missed this opportunity because Bitcoin is yet to make more ATHs and eventually gets to hundreds of thousands of dollars for 1 Bitcoin. Just like those who missed the Genesis age of bitcoin and regretted so will other who misses this opportunity. Bitcoin has great potential in appreciating in value and we must gaze at the future and keep holding to be able to profit from its pump.
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It's ironic that after the price of Bitcoin has risen to this high and it has remained so long, there are still many people who doubt Bitcoin and are afraid to buy Bitcoin. For those of us who already understand Bitcoin, we prefer to buy Bitcoin rather than Altcoins. Bitcoin has a clear exchange rate due to the influence of limited supply and very high demand. Meanwhile, Altcoins are full of price manipulation and are very dangerous to own.
I hold a strong belief that those who ignores Bitcoin investment today probably because they don't like it or they deem the the price to be too high for investment, they will surely come to regret on how they have missed this opportunity because Bitcoin is yet to make more ATHs and eventually gets to hundreds of thousands of dollars for 1 Bitcoin. Just like those who missed the Genesis age of bitcoin and regretted so will other who misses this opportunity. Bitcoin has great potential in appreciating in value and we must gaze at the future and keep holding to be able to profit from its pump.
- If there are people who don't want to believe in the potential that Bitcoin and cryptocurrency have, don't worry about that, mate; it's not you who will lose,
but them. Who benefits if you have bitcoin? Is it them? Do you or we have Bitcoin or cryptocurrency holdings?
That's why, instead of thinking about those types of people, don't pay attention to or worry about others. The better thing to do is to understand yourself first and how you can accumulate top altcoins that can give you profit in the future.
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But if we want to buy Altcoins, then we have to be good at analyzing them. What is the potential of the Altcoin that we will buy later, is it possible that we will get a profit from the purchase?!
And if we don't have this expertise, then the only safer way we can choose is to choose an Altcoin that is at the top of the ranking. It is as Safe and Potential as Bitcoin.
Analysis is a way to avoid mistakes that might occur due to choosing an altcoin that is not appropriate to the current situation, so you should always continue to analyze the situation, so you can get a good altcoin. I agree, I also always provide information to anyone if they are unable to analyze. Actually there is a mechanism available and you just use it because the best ranking will definitely give you a sense of security because it has been tested and can be achieved at that time, because it has a good reputation, the same as Bitcoin, of course. .
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- Maybe I can't say that altcoins are bad for Bitcoin because, for other reasons, Bitcoin's popularity has accelerated because of altcoins, although it wasn't good in the beginning because scammers have actually used altcoins for scams on people in different parts of the world.
And on the other hand, if it weren't for Bitcoin, no altcoins would be created. It seems to me that they are both important; they can't be separated because they help each other; they are like a couple in short, or it could be electricity; there will be no light without positive and negative; and our humans can't learn if we don't make mistakes, right? Just an illustration.
Bitcoin and Altcoins have a close relationship, without Bitcoin there would not necessarily be Altcoins and without Altcoins it is not certain that Bitcoin would be as popular as it is today.
In my opinion, the two are interdependent. If there is a problem with fraud in Altcoins, I think this is normal.
Because if you talk about something that has a relationship or is about money, then this will be used by fraudsters to gain personal advantage for themselves.
It's true that today we can consider crypto as a separate space and it won't be acceptable if there is only Bitcoin existence. Of course altcoins have importance in this space. We cannot imagine a crypto market with only altcoins or only Bitcoin. In the case of investment, if we invest without doing any kind of research or analysis, altcoins can be a cause of loss. But overall I think there is a need for both Bitcoin and Altcoins for the flourishment of this space. There are some unscrupulous people who plan to scam using altcoins. But we cannot compare those coins with top altcoins. We never underestimate Bitcoin in terms of importance, it is definitely the best.
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- If there are people who don't want to believe in the potential that Bitcoin and cryptocurrency have, don't worry about that, mate; it's not you who will lose,
but them. Who benefits if you have bitcoin? Is it them? Do you or we have Bitcoin or cryptocurrency holdings?
That's why, instead of thinking about those types of people, don't pay attention to or worry about others. The better thing to do is to understand yourself first and how you can accumulate top altcoins that can give you profit in the future.
Every individual has his own opinion and our profit is not dependent on others therefore we should not think about other Individuals who don't consider bitcoin as a good investment source because they cannot enhance our profit as well as they cannot become a cause of our loss.
Whether you are accumulating bitcoin or altcoins it is up to you that when you are going to sell your coin and another person cannot identify the time for you to take profit therefore create your own mind and go according to it instead of thinking about other individuals.
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But if we want to buy Altcoins, then we have to be good at analyzing them. What is the potential of the Altcoin that we will buy later, is it possible that we will get a profit from the purchase?!
And if we don't have this expertise, then the only safer way we can choose is to choose an Altcoin that is at the top of the ranking. It is as Safe and Potential as Bitcoin.
Analysis is a way to avoid mistakes that might occur due to choosing an altcoin that is not appropriate to the current situation, so you should always continue to analyze the situation, so you can get a good altcoin. I agree, I also always provide information to anyone if they are unable to analyze. Actually there is a mechanism available and you just use it because the best ranking will definitely give you a sense of security because it has been tested and can be achieved at that time, because it has a good reputation, the same as Bitcoin, of course. .
the hardest part is analyzing which coins have potential, especially if they are new coins, to be honest it is very difficult for me to analyze which coins are good to invest in, sometimes I think people are very clever and choose the right coins to invest in and give big profits,
Actually, do we need an advisor if we want to buy coins to invest?
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But if we want to buy Altcoins, then we have to be good at analyzing them. What is the potential of the Altcoin that we will buy later, is it possible that we will get a profit from the purchase?!
And if we don't have this expertise, then the only safer way we can choose is to choose an Altcoin that is at the top of the ranking. It is as Safe and Potential as Bitcoin.
Analysis is a way to avoid mistakes that might occur due to choosing an altcoin that is not appropriate to the current situation, so you should always continue to analyze the situation, so you can get a good altcoin. I agree, I also always provide information to anyone if they are unable to analyze. Actually there is a mechanism available and you just use it because the best ranking will definitely give you a sense of security because it has been tested and can be achieved at that time, because it has a good reputation, the same as Bitcoin, of course. .
the hardest part is analyzing which coins have potential, especially if they are new coins, to be honest it is very difficult for me to analyze which coins are good to invest in, sometimes I think people are very clever and choose the right coins to invest in and give big profits,
Actually, do we need an advisor if we want to buy coins to invest?
Agree, that being able to analyze well and precisely where we want to invest in new coins is certainly not as easy as expected because all aspects must be looked at, so that we don't get caught up in the marketing they do.
Sometimes, most often, when we want to look at WP they sometimes like to use other projects that are successful, so many people are fooled.
Those who are good at analyzing certainly rely heavily on what they have in order to produce the best for them. There's no harm in asking them for advice before making a decision.
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the hardest part is analyzing which coins have potential, especially if they are new coins, to be honest it is very difficult for me to analyze which coins are good to invest in, sometimes I think people are very clever and choose the right coins to invest in and give big profits,
Actually, do we need an advisor if we want to buy coins to invest?
I think we need to learn for ourselves in this matter, the advisor's opinion may or may not be right. If they were experts, they would definitely buy their own coins to enrich themselves.
We just learn to analyze as much as we can, if we are persistent and serious, I am sure that later we will be able to choose which coins have the potential to be good and which ones are not.
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I think we need to learn for ourselves in this matter, the advisor's opinion may or may not be right. If they were experts, they would definitely buy their own coins to enrich themselves.
We just learn to analyze as much as we can, if we are persistent and serious, I am sure that later we will be able to choose which coins have the potential to be good and which ones are not.
To make ourselves rich in Cryptocurrency is of course not easy. We have to need other people to buy the coins on the exchange. That way the coin price rises so it will give us a profit when we sell at a higher price when we first buy. Including altcoins, currently a lot of marketers are trying to offer their products to people who don't really understand with the aim of getting them to buy the altcoins being offered.
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It's ironic that after the price of Bitcoin has risen to this high and it has remained so long, there are still many people who doubt Bitcoin and are afraid to buy Bitcoin. For those of us who already understand Bitcoin, we prefer to buy Bitcoin rather than Altcoins. Bitcoin has a clear exchange rate due to the influence of limited supply and very high demand. Meanwhile, Altcoins are full of price manipulation and are very dangerous to own.
I hold a strong belief that those who ignores Bitcoin investment today probably because they don't like it or they deem the the price to be too high for investment, they will surely come to regret on how they have missed this opportunity because Bitcoin is yet to make more ATHs and eventually gets to hundreds of thousands of dollars for 1 Bitcoin. Just like those who missed the Genesis age of bitcoin and regretted so will other who misses this opportunity. Bitcoin has great potential in appreciating in value and we must gaze at the future and keep holding to be able to profit from its pump.
- If there are people who don't want to believe in the potential that Bitcoin and cryptocurrency have, don't worry about that, mate; it's not you who will lose,
but them. Who benefits if you have bitcoin? Is it them? Do you or we have Bitcoin or cryptocurrency holdings?
That's why, instead of thinking about those types of people, don't pay attention to or worry about others. The better thing to do is to understand yourself first and how you can accumulate top altcoins that can give you profit in the future.
It is better that you focus on accumulating bitcoin more than altcoins because it is only bi2thay has the potential to stay long in the market and it's price is independent. Those top altcoins that you are talking about are centralized and might not last long in the market because they are own and controlled by some folks. Don't see the price of bitcoin that it is expensive and shy away to altcoins because they are cheap. I think the possibility of bitcoin making you rich is higher than altcoins if you invest and hodli for long.
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the hardest part is analyzing which coins have potential, especially if they are new coins, to be honest it is very difficult for me to analyze which coins are good to invest in, sometimes I think people are very clever and choose the right coins to invest in and give big profits,
Actually, do we need an advisor if we want to buy coins to invest?
I think we need to learn for ourselves in this matter, the advisor's opinion may or may not be right. If they were experts, they would definitely buy their own coins to enrich themselves.
We just learn to analyze as much as we can, if we are persistent and serious, I am sure that later we will be able to choose which coins have the potential to be good and which ones are not.
Mistakes are something that can make us better understand not to do things for the second time. I really agree with you, It's better to try what we can do and that will enrich the knowledge we can get from all that we gradually have to do diligently and aim to continue to want to fix if there are errors obtained. Sharpening by analyzing continuously will make us be able to understand where the direction will occur from everything we have done.
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the hardest part is analyzing which coins have potential, especially if they are new coins, to be honest it is very difficult for me to analyze which coins are good to invest in, sometimes I think people are very clever and choose the right coins to invest in and give big profits,
Actually, do we need an advisor if we want to buy coins to invest?
I think we need to learn for ourselves in this matter, the advisor's opinion may or may not be right. If they were experts, they would definitely buy their own coins to enrich themselves.
We just learn to analyze as much as we can, if we are persistent and serious, I am sure that later we will be able to choose which coins have the potential to be good and which ones are not.
Mistakes are something that can make us better understand not to do things for the second time. I really agree with you, It's better to try what we can do and that will enrich the knowledge we can get from all that we gradually have to do diligently and aim to continue to want to fix if there are errors obtained. Sharpening by analyzing continuously will make us be able to understand where the direction will occur from everything we have done.
There are many people who want to get rich instantly, and in Cryptocurrency we can actually get that as long as we invest our money correctly.
However, what is actually more important is knowledge and knowledge, if we only rely on other people then it will not last. It's different if we understand it ourselves, we can apply this whenever we want.
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There are many people who want to get rich instantly, and in Cryptocurrency we can actually get that as long as we invest our money correctly.
However, what is actually more important is knowledge and knowledge, if we only rely on other people then it will not last. It's different if we understand it ourselves, we can apply this whenever we want.
There is no investment that is a correct investment until you make profit from that investment. What everyone is doing in crypto is risk taking from one projects to another and if it goes as we want, then we can consider such investments as the real investment because it is the right choice and the only way to achieve that is through a proper research.
Some people are obsessed with profit because they are used to it and it's difficult to see any other investments that is gong to give you profits like the ones you will see here, sometimes I don't blame them because some crypto enthusiasts says a month here in crypto is like 1 year outside crypto.
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There is no investment that is a correct investment until you make profit from that investment. What everyone is doing in crypto is risk taking from one projects to another and if it goes as we want, then we can consider such investments as the real investment because it is the right choice and the only way to achieve that is through a proper research.
Some people are obsessed with profit because they are used to it and it's difficult to see any other investments that is gong to give you profits like the ones you will see here, sometimes I don't blame them because some crypto enthusiasts says a month here in crypto is like 1 year outside crypto.
Income from crypto, if we are lucky, will indeed be very tempting. Sometimes what we earn in one day can be doubled, when compared with income in the real world it is very far away. I found this with my own friend, who was willing to leave work in the real world because he was focused and devoted to cryptocurrencies.
However, as you said, there is nothing completely true about investing in Cryptocurrency. So we do need further research, and that requires knowledge and extensive knowledge about crypto.
And we can do this research ourselves if we want to learn, and not just ask other people.
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the hardest part is analyzing which coins have potential, especially if they are new coins, to be honest it is very difficult for me to analyze which coins are good to invest in, sometimes I think people are very clever and choose the right coins to invest in and give big profits,
Actually, do we need an advisor if we want to buy coins to invest?
Well in terms of altcoin investment sometimes is good to look for someone that would guide you on the right altcoin to invest because I realized that in as much as altcoin is very difficult to predict but there are people who focus on researching the best altcoin to invest so it will not be bad meeting those kind of people for altcoin investment advice.
However the reason I'm saying this is because altcoin is very difficult to identify the best one that has the potential to rise because at the moment most people will be thinking that a certain altcoin has a good potential to increase in the future but before they realizes themselves they had already falling a victim of the coin, however to completely avoid those things is to invest on Bitcoin because that's the surest coin to invest.
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the hardest part is analyzing which coins have potential, especially if they are new coins, to be honest it is very difficult for me to analyze which coins are good to invest in, sometimes I think people are very clever and choose the right coins to invest in and give big profits,
Actually, do we need an advisor if we want to buy coins to invest?
I think we need to learn for ourselves in this matter, the advisor's opinion may or may not be right. If they were experts, they would definitely buy their own coins to enrich themselves.
We just learn to analyze as much as we can, if we are persistent and serious, I am sure that later we will be able to choose which coins have the potential to be good and which ones are not.
Mistakes are something that can make us better understand not to do things for the second time. I really agree with you, It's better to try what we can do and that will enrich the knowledge we can get from all that we gradually have to do diligently and aim to continue to want to fix if there are errors obtained. Sharpening by analyzing continuously will make us be able to understand where the direction will occur from everything we have done.
There are many people who want to get rich instantly, and in Cryptocurrency we can actually get that as long as we invest our money correctly.
However, what is actually more important is knowledge and knowledge, if we only rely on other people then it will not last. It's different if we understand it ourselves, we can apply this whenever we want.
The current problem is that they are very confident and overconfident that by investing in crypto they will get rich quickly, even though there are always stages that must be gone through.
Agree, if we are careful and correct in investing our money, then we can be sure we will achieve our goals.
We really can't rely too much on other people if we can do it independently, so we can learn from mistakes that might occur and not repeat them again, and don't hesitate to seek knowledge and learn as best we can.
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There are many people who want to get rich instantly, and in Cryptocurrency we can actually get that as long as we invest our money correctly.
However, what is actually more important is knowledge and knowledge, if we only rely on other people then it will not last. It's different if we understand it ourselves, we can apply this whenever we want.
The thoughts of instant money earning have made many people loser because they hope for a quick return but in crypto it is not possible to happen all the time so if one wants to get profit from crypto then he should have patience and should not forget that good things require time.
We have to analyze the market and don't follow other people as they will be related to one thing and we will be dependent on another thing like everyone is not investing in just a single coin but they are choosing different coins due to which their thoughts are also different based on long or short term holding.
Sometimes you will earn instantly but most of the time new coins turn scams so be calm and explore the characteristics before going to do investment and this can be easy for you if you have knowledge.
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Bitcoin does not have to depend on altcoins to make progress in cryptocurrency while altcoins will have to rely on the performance for bitcoin for them to be able to make progress, just as we know bitcoin to be the leading currency in cryptocurrency, it leads while others follows, maybe we should also put it in this way that its because of some of the shitcoins in altcoins that makes everything appear the way we see it to be hard in trusting some coins.
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Bitcoin does not have to depend on altcoins to make progress in cryptocurrency while altcoins will have to rely on the performance for bitcoin for them to be able to make progress, just as we know bitcoin to be the leading currency in cryptocurrency, it leads while others follows, maybe we should also put it in this way that its because of some of the shitcoins in altcoins that makes everything appear the way we see it to be hard in trusting some coins.
Sorry but I think you are wrong, like the topic of this thread says, bitcoin needs Altcoins, as much as Altcoins needs bitcoin, this is a complete fact, because judging from scalability issues with the bitcoin network, if bitcoin was the only crypto crypto currency around with a market cap of the ganeral crypto market currently, then trust me if I tell you that Bitcoin will be unusable to many, in fact, cryptocurrency may never be adopted because...
1. The price of bitcoin will be way too expensive for many to buy and hold it.
2. The bitcoin network will be ultimately unusable due to extremely high cost of transaction, because there is no way the number of people in crypto today are all going to be buying and selling only bitcoin, and the bitcoin network won't be super congested.
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The current problem is that they are very confident and overconfident that by investing in crypto they will get rich quickly, even though there are always stages that must be gone through.
Agree, if we are careful and correct in investing our money, then we can be sure we will achieve our goals.
We really can't rely too much on other people if we can do it independently, so we can learn from mistakes that might occur and not repeat them again, and don't hesitate to seek knowledge and learn as best we can.
In Cryptocurrency it is a big mistake to only rely on luck, so we have to learn step by step if we want to understand this crypto.
And investing without extensive knowledge is the same as buying a cat in a blanket.
We can lose our money, and that will definitely cause feelings of trauma and disappointment.
Learn crypto, it's very important.
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Bitcoin does not have to depend on altcoins to make progress in cryptocurrency while altcoins will have to rely on the performance for bitcoin for them to be able to make progress, just as we know bitcoin to be the leading currency in cryptocurrency, it leads while others follows, maybe we should also put it in this way that its because of some of the shitcoins in altcoins that makes everything appear the way we see it to be hard in trusting some coins.
An example of Bitcoin doesn't depend on altcoins has already been demonstrated this week when Trump made a statement that made Bitcoin bullish. All of a sudden, all the coins started moving and the altcoins move along. If today all coins are to stay alone, Bitcoin is going to stay but some altcoins wouldn't survive on their own, they Need Bitcoin support but Bitcoin has nothing to do with them. If today Bitcoin was to collapsed, most of th altcoins will die only some will manage to remain but will be weak to walk properly, that's the big effect to the Bitcoin to altcoins.
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The current problem is that they are very confident and overconfident that by investing in crypto they will get rich quickly, even though there are always stages that must be gone through.
Agree, if we are careful and correct in investing our money, then we can be sure we will achieve our goals.
We really can't rely too much on other people if we can do it independently, so we can learn from mistakes that might occur and not repeat them again, and don't hesitate to seek knowledge and learn as best we can.
In Cryptocurrency it is a big mistake to only rely on luck, so we have to learn step by step if we want to understand this crypto.
And investing without extensive knowledge is the same as buying a cat in a blanket.
We can lose our money, and that will definitely cause feelings of trauma and disappointment.
Learn crypto, it's very important.
To find out Cryptocurrency price movements is not as easy as we imagine. We have to be able to analyze market conditions well. Armed with several sites that often discuss news about Cryptocurrency, we can find out what will happen next. But you need to remember that every trader has secrets that not many other people know so that he always makes a profit when trading on the market.
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There are many people who want to get rich instantly, and in Cryptocurrency we can actually get that as long as we invest our money correctly.
However, what is actually more important is knowledge and knowledge, if we only rely on other people then it will not last. It's different if we understand it ourselves, we can apply this whenever we want.
The thoughts of instant money earning have made many people loser because they hope for a quick return but in crypto it is not possible to happen all the time so if one wants to get profit from crypto then he should have patience and should not forget that good things require time.
We have to analyze the market and don't follow other people as they will be related to one thing and we will be dependent on another thing like everyone is not investing in just a single coin but they are choosing different coins due to which their thoughts are also different based on long or short term holding.
Sometimes you will earn instantly but most of the time new coins turn scams so be calm and explore the characteristics before going to do investment and this can be easy for you if you have knowledge.
Yes, most people who are new to Cryptocurrency have the same thought, namely that we can make money from here easily and quickly.
They see people who are successful in Cryptocurrency without seeing their struggles, a lot of knowledge here is really needed for us to be able to get good profits from trading or investing and makes us not easy to be deceived.
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In Cryptocurrency it is a big mistake to only rely on luck, so we have to learn step by step if we want to understand this crypto.
There is no term of relying on the luck in crypto, we are not gambling with crypto coins. ;)
That's why knowledge and experiences are 2 keys of the success in crypto. If we have these keys, we know how to do it in the right way, whether in trading or investing.
Investing without extensive knowledge is the same as buying a cat in a blanket.
We can lose our money, and that will definitely cause feelings of trauma and disappointment.
It is too bad idea if we trade or invest but we have lack of knowledge. Sure, it is only the way to waste money because they chance to fail will be very high. Crypto isn't a safe place, it is a high risk matter. It is the reason that we are very required to have sufficient knowledge and experience. In this way, we can deal with high risk in crypto trading or investment.
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In Cryptocurrency it is a big mistake to only rely on luck, so we have to learn step by step if we want to understand this crypto.
There is no term of relying on the luck in crypto, we are not gambling with crypto coins. ;)
That's why knowledge and experiences are 2 keys of the success in crypto. If we have these keys, we know how to do it in the right way, whether in trading or investing.
Investing without extensive knowledge is the same as buying a cat in a blanket.
We can lose our money, and that will definitely cause feelings of trauma and disappointment.
It is too bad idea if we trade or invest but we have lack of knowledge. Sure, it is only the way to waste money because they chance to fail will be very high. Crypto isn't a safe place, it is a high risk matter. It is the reason that we are very required to have sufficient knowledge and experience. In this way, we can deal with high risk in crypto trading or investment.
To be honest, I see short term cryptocurrency trade on newly launched project as gambling because, you might still end up losing your money even with a good research. So.e projects are something else, they may seem like a potential coin at first but after a while they just begin to drift from the part were that are seen as potential project to a useless shitcoin. But making your regular research on project still stand as the best option to be on the safer side but then you also have to be considerate on the amount you put in on newly launched project, sonyou don't get affected if you probably experience losses along the way.
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Bitcoin does not have to depend on altcoins to make progress in cryptocurrency while altcoins will have to rely on the performance for bitcoin for them to be able to make progress, just as we know bitcoin to be the leading currency in cryptocurrency, it leads while others follows, maybe we should also put it in this way that its because of some of the shitcoins in altcoins that makes everything appear the way we see it to be hard in trusting some coins.
An example of Bitcoin doesn't depend on altcoins has already been demonstrated this week when Trump made a statement that made Bitcoin bullish. All of a sudden, all the coins started moving and the altcoins move along. If today all coins are to stay alone, Bitcoin is going to stay but some altcoins wouldn't survive on their own, they Need Bitcoin support but Bitcoin has nothing to do with them. If today Bitcoin was to collapsed, most of th altcoins will die only some will manage to remain but will be weak to walk properly, that's the big effect to the Bitcoin to altcoins.
To me this is not all about bitcoin depending on altcoins, or altcoins depending bitcoin. We all know that bitcoin is the king of the cryptocurrency. it is the camel of cryptocurrency. Bitcoin carries the load and whenever the king sneezes, other coins shake.
But then in the industry everyone is dependent on everyone. we do not need to work in isolation. In as much as we need bitcoin we equally need alternatives. In as much as we need decentralized exchanges, we also need centralized exchanges.
I remember that a time when the memory pool of the Bitcoin network is full, many of us will run to altcoins. So, every coin is important and we need co-existence even if it is obvious that some are more important.
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To be honest, I see short term cryptocurrency trade on newly launched project as gambling because, you might still end up losing your money even with a good research. So.e projects are something else, they may seem like a potential coin at first but after a while they just begin to drift from the part were that are seen as potential project to a useless shitcoin. But making your regular research on project still stand as the best option to be on the safer side but then you also have to be considerate on the amount you put in on newly launched project, sonyou don't get affected if you probably experience losses along the way.
I also ever do it, I bought the coins on the public sales (ICO, IEO) and I sell the coins immediately when it is launched/listed on the first exchange. I think it is not really gambling, we can clearly get profits as long as the coins are listed on the exchanges. But if they are not listed and they become dead coins, sure we have no chance to get profits. The prices of new coins mostly increase drastically when they are launched on the first exchange.
Well, it is true that we must do careful research to choose the coins on ICO or IEO. This is very difficult thing, I very often failed in the past. This relies on our knowledge and experience for sure.
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To be honest, I see short term cryptocurrency trade on newly launched project as gambling because, you might still end up losing your money even with a good research. So.e projects are something else, they may seem like a potential coin at first but after a while they just begin to drift from the part were that are seen as potential project to a useless shitcoin. But making your regular research on project still stand as the best option to be on the safer side but then you also have to be considerate on the amount you put in on newly launched project, sonyou don't get affected if you probably experience losses along the way.
When we want to trade crypto we have to think positively, while gambling is more negative.
So don't think of this as gambling, everything has gone through a stage of continuous prediction and analysis.
Don't just buy and then speculate between loss or profit, but it seems like many people think that.
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To be honest, I see short term cryptocurrency trade on newly launched project as gambling because, you might still end up losing your money even with a good research. So.e projects are something else, they may seem like a potential coin at first but after a while they just begin to drift from the part were that are seen as potential project to a useless shitcoin. But making your regular research on project still stand as the best option to be on the safer side but then you also have to be considerate on the amount you put in on newly launched project, sonyou don't get affected if you probably experience losses along the way.
When we want to trade crypto we have to think positively, while gambling is more negative.
So don't think of this as gambling, everything has gone through a stage of continuous prediction and analysis.
Don't just buy and then speculate between loss or profit, but it seems like many people think that.
In new projects, we need luck to be able to take advantage of this investment. However, we get luck from the analysis we do, or in other words, luck comes from our efforts in doing analysis and so on.
Whereas in gambling, we just come, sit and play without any analysis (except for certain bets). This is different from gambling although in the end we should have a little luck if we do it on a new project.
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Bitcoin does not have to depend on altcoins to make progress in cryptocurrency while altcoins will have to rely on the performance for bitcoin for them to be able to make progress, just as we know bitcoin to be the leading currency in cryptocurrency, it leads while others follows, maybe we should also put it in this way that its because of some of the shitcoins in altcoins that makes everything appear the way we see it to be hard in trusting some coins.
An example of Bitcoin doesn't depend on altcoins has already been demonstrated this week when Trump made a statement that made Bitcoin bullish. All of a sudden, all the coins started moving and the altcoins move along. If today all coins are to stay alone, Bitcoin is going to stay but some altcoins wouldn't survive on their own, they Need Bitcoin support but Bitcoin has nothing to do with them. If today Bitcoin was to collapsed, most of th altcoins will die only some will manage to remain but will be weak to walk properly, that's the big effect to the Bitcoin to altcoins.
Whatever would make bitcoin crash will also crash all altcoins because bitcoin has great potentials than all the altcoins put together. I agree with you that altcoins needs bitcoin to survive because all the altcoins that is surviving currently was created after bitcoin and they are the duplicate of bitcoin. But it is good that altcoins exist because the make the crypto market your interesting and lively, only bitcoin will be bored and by now one Satoshi will be damn expensive.
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When we want to trade crypto we have to think positively, while gambling is more negative.
So don't think of this as gambling, everything has gone through a stage of continuous prediction and analysis.
Don't just buy and then speculate between loss or profit, but it seems like many people think that.
In new projects, we need luck to be able to take advantage of this investment. However, we get luck from the analysis we do, or in other words, luck comes from our efforts in doing analysis and so on.
Whereas in gambling, we just come, sit and play without any analysis (except for certain bets). This is different from gambling although in the end we should have a little luck if we do it on a new project.
Yes, new projects do have better potential, because not all crypto traders invest in them.
And when the new project enters the market and the project is a good project, then all the crypto traders around the world will buy it.
This is what causes high increases in new projects, and this can work if our analysis is correct and not just speculating.
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When we want to trade crypto we have to think positively, while gambling is more negative.
So don't think of this as gambling, everything has gone through a stage of continuous prediction and analysis.
Don't just buy and then speculate between loss or profit, but it seems like many people think that.
In new projects, we need luck to be able to take advantage of this investment. However, we get luck from the analysis we do, or in other words, luck comes from our efforts in doing analysis and so on.
Whereas in gambling, we just come, sit and play without any analysis (except for certain bets). This is different from gambling although in the end we should have a little luck if we do it on a new project.
Yes, new projects do have better potential, because not all crypto traders invest in them.
And when the new project enters the market and the project is a good project, then all the crypto traders around the world will buy it.
This is what causes high increases in new projects, and this can work if our analysis is correct and not just speculating.
Regarding potential, I agree, that there is a very big chance that a new project will be able to make a contribution to its holder, because apart from the price being cheap, the prices obtained are quite significant So that if the project is successful, you can be sure that those who make the initial purchase will receive results that are certainly very attractive.
The problem is that there must be the ability to be able to analyze well, and not get caught up in seductions that don't provide any benefits later. This ability will provide benefits for the next path.
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When we want to trade crypto we have to think positively, while gambling is more negative.
So don't think of this as gambling, everything has gone through a stage of continuous prediction and analysis.
Don't just buy and then speculate between loss or profit, but it seems like many people think that.
In new projects, we need luck to be able to take advantage of this investment. However, we get luck from the analysis we do, or in other words, luck comes from our efforts in doing analysis and so on.
Whereas in gambling, we just come, sit and play without any analysis (except for certain bets). This is different from gambling although in the end we should have a little luck if we do it on a new project.
I'm glad you made mention of some bets, meaning you an still see sense in what I said earlier. Taking for instance, sport betting you also have to make analysis on the team to win and make your prediction based on the outcome of your analysis. Sometimes teams are predicted to win based on their last performance or the current form of the players available. Comparatively, in crypto trade you also have to have to do reading about the project and based on your research that is what will determine if you'll hold or disregard the project or determines the amount to be used in the project and after investing, what all you can do is to sit back and watch the price movements of the project, meaning there is a probability for it to appreciate in value or just remain like other shitcoins.
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Yes, there is a connection between altcoins and bitcoin. It is about gaining value and parallel comparison that makes it very valuable when it comes to making money through trading in the crypto world. The network is what matters and there are many transactions on it. Coins change value daily whether it is bullrun market condition or bear market condition. Being a part of one or the other, through these, you can learn a lot and fill your pockets.
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Yes, there is a connection between altcoins and bitcoin. It is about gaining value and parallel comparison that makes it very valuable when it comes to making money through trading in the crypto world. The network is what matters and there are many transactions on it. Coins change value daily whether it is bullrun market condition or bear market condition. Being a part of one or the other, through these, you can learn a lot and fill your pockets.
If we are trading or investing in altcoins then we have to check the price chart for Bitcoin too because as it moves in the direction so it is must followed by the altcoins Therefore one can easily decide to trade or stop depending on the alterations in the price of Bitcoin like now the price is very reduced so altcoins cannot attain huge price gain until Bitcoin recover back to its huge value.
A single coin cannot remain with a single similar price forever because it will change little or more but changes are must because without changes one cannot decide about selling and buying these coins. The market is a dump or pump but changes will always happen here so don't be surprised when you see that the price is going against your expectations because profit is possible at every rate whether it's lower or higher but knowledge should be used for making choices.
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Regarding potential, I agree, that there is a very big chance that a new project will be able to make a contribution to its holder, because apart from the price being cheap, the prices obtained are quite significant So that if the project is successful, you can be sure that those who make the initial purchase will receive results that are certainly very attractive.
The problem is that there must be the ability to be able to analyze well, and not get caught up in seductions that don't provide any benefits later. This ability will provide benefits for the next path.
If we are in the crypto space for a long time and are willing to learn, we will definitely understand which projects have potential or not.
So that we are not easily persuaded by the lure of bad projects that definitely do not have good potential.
Because actually we can see the project from the white paper and the community and the people who support the project.
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Regarding potential, I agree, that there is a very big chance that a new project will be able to make a contribution to its holder, because apart from the price being cheap, the prices obtained are quite significant So that if the project is successful, you can be sure that those who make the initial purchase will receive results that are certainly very attractive.
The problem is that there must be the ability to be able to analyze well, and not get caught up in seductions that don't provide any benefits later. This ability will provide benefits for the next path.
If we are in the crypto space for a long time and are willing to learn, we will definitely understand which projects have potential or not.
So that we are not easily persuaded by the lure of bad projects that definitely do not have good potential.
Because actually we can see the project from the white paper and the community and the people who support the project.
That's right, as time goes by, as we continue to struggle with the world of crypto, we will naturally be able to learn about the nature and situations of whatever happens in the crypto sector. Including, of course, if there is a new project being proposed, we can be sure that we will sort it out and carefully examine who is behind the project.
They won't be able to cheat, because people who have been successful in every good project will always be noticed and will be the first choice to choose.
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In new projects, we need luck to be able to take advantage of this investment. However, we get luck from the analysis we do, or in other words, luck comes from our efforts in doing analysis and so on.
Whereas in gambling, we just come, sit and play without any analysis (except for certain bets). This is different from gambling although in the end we should have a little luck if we do it on a new project.
I'm glad you made mention of some bets, meaning you an still see sense in what I said earlier. Taking for instance, sport betting you also have to make analysis on the team to win and make your prediction based on the outcome of your analysis. Sometimes teams are predicted to win based on their last performance or the current form of the players available. Comparatively, in crypto trade you also have to have to do reading about the project and based on your research that is what will determine if you'll hold or disregard the project or determines the amount to be used in the project and after investing, what all you can do is to sit back and watch the price movements of the project, meaning there is a probability for it to appreciate in value or just remain like other shitcoins.
Yes, actually this is something that needs to be studied more deeply, I mean what you said. because if we only look at it from the perspective of the words you say, then I will also reject what you say, because there are still differences in it.
But I want to say more deeply and find out the meaning of what you want to say. Actually, there is nothing wrong when this becomes a debate because what you said before can have two meanings at once.
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That's right, as time goes by, as we continue to struggle with the world of crypto, we will naturally be able to learn about the nature and situations of whatever happens in the crypto sector. Including, of course, if there is a new project being proposed, we can be sure that we will sort it out and carefully examine who is behind the project.
They won't be able to cheat, because people who have been successful in every good project will always be noticed and will be the first choice to choose.
That is the importance if we have entered the crypto world, then we must seriously study it if we really want to get the most out of it.
We all know that the potential of cryptocurrency is very good in the future, therefore we will lose if we are not serious here.
Now we can see a lot of new crypto projects, that is a sign that the development of crypto is very good.
We just have to choose where we will invest for the future, because that choice will determine our fate later. So we have to be careful.
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Bitcoin and altcoins have an inverse relationship between their value. Green growth is seen in the altcoin market when the value of bitcoin increases. Again, red signals are available in the altcoins market when the price of bitcoin falls. In fact almost all altcoins are traded based on the value of bitcoin. Buy bitcoin whenever you want to buy an altcoin. Then you can convert btc to altcoins of your choice. So if you want to run an altcoin, the need for bitcoin is immense. So i think it is possible for bitcoin to take off without any altcoins. So bitcoin has a big place in the crypto market and it would be very difficult to trust cryptocurrency without it.
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Bitcoin and altcoins have an inverse relationship between their value. Green growth is seen in the altcoin market when the value of bitcoin increases. Again, red signals are available in the altcoins market when the price of bitcoin falls. In fact almost all altcoins are traded based on the value of bitcoin. Buy bitcoin whenever you want to buy an altcoin. Then you can convert btc to altcoins of your choice. So if you want to run an altcoin, the need for bitcoin is immense. So i think it is possible for bitcoin to take off without any altcoins. So bitcoin has a big place in the crypto market and it would be very difficult to trust cryptocurrency without it.
Exactly, some time ago there may still have been an inverse relationship between the Bitcoin and Altcoin exchange rates. But for now, if we pay attention to price movements, both of them seem to have the same price movements again. We saw that some time ago the price of Bitcoin collapsed, which had an influence on the price movement of Altcoins which also fell downwards. After that the price bounced again and the altcoin made the same price movement again. Basically, not all altcoins have price movements that are the opposite of Bitcoin, quite a lot have the same price movements as Bitcoin.
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That's right, as time goes by, as we continue to struggle with the world of crypto, we will naturally be able to learn about the nature and situations of whatever happens in the crypto sector. Including, of course, if there is a new project being proposed, we can be sure that we will sort it out and carefully examine who is behind the project.
They won't be able to cheat, because people who have been successful in every good project will always be noticed and will be the first choice to choose.
That is the importance if we have entered the crypto world, then we must seriously study it if we really want to get the most out of it.
We all know that the potential of cryptocurrency is very good in the future, therefore we will lose if we are not serious here.
Now we can see a lot of new crypto projects, that is a sign that the development of crypto is very good.
We just have to choose where we will invest for the future, because that choice will determine our fate later. So we have to be careful.
If you have entered, then there are consequences of immediately being able to learn well what crypto is, so that you can know everything that happens in crypto well, because by diving directly, the stages to be able to find out will be experienced well and, of course, the maximum results.
Agree, with many people knowing about crypto, the potential inherent in it can be known well, so that many new crypto projects grow.
Then many will want to invest and choose which is the best, to be able to contribute to them after choosing it, and the choice is a separate responsibility, so you still have to be careful.
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If you have entered, then there are consequences of immediately being able to learn well what crypto is, so that you can know everything that happens in crypto well, because by diving directly, the stages to be able to find out will be experienced well and, of course, the maximum results.
Agree, with many people knowing about crypto, the potential inherent in it can be known well, so that many new crypto projects grow.
Then many will want to invest and choose which is the best, to be able to contribute to them after choosing it, and the choice is a separate responsibility, so you still have to be careful.
Many people are familiar with cryptocurrency, but they do not want to learn it properly. Even many just come and go, maybe because those people have not felt the benefits from here.
However, if we have received many benefits and advantages from Crypto, then we will be reluctant to leave it. Crypto has a good future, we are very lucky to be able to know this cryptocurrency now.
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If you have entered, then there are consequences of immediately being able to learn well what crypto is, so that you can know everything that happens in crypto well, because by diving directly, the stages to be able to find out will be experienced well and, of course, the maximum results.
Agree, with many people knowing about crypto, the potential inherent in it can be known well, so that many new crypto projects grow.
Then many will want to invest and choose which is the best, to be able to contribute to them after choosing it, and the choice is a separate responsibility, so you still have to be careful.
Many people are familiar with cryptocurrency, but they do not want to learn it properly. Even many just come and go, maybe because those people have not felt the benefits from here.
However, if we have received many benefits and advantages from Crypto, then we will be reluctant to leave it. Crypto has a good future, we are very lucky to be able to know this cryptocurrency now.
This kind of incident is exactly the same when Bitcoin was still priced at less than $100. Many people underestimate Cryptocurrency including Bitcoin. But as technology develops they regret not trying and contributing a small portion of their money to buy Cryptocurrency especially Bitcoin when the price was still very cheap. Currently Bitcoin will never be able to reach a cheap price again. With this, it will make digital currency technology such as Cryptocurrency will be increasingly favored by many people and will increase the use of Cryptocurrency which has a good impact on its price.
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Bitcoin altcoins are interrelated. Bitcoin is the first and most popular cryptocurrency to become a popular currency. Bitcoin also has to do with determining the flow and sentiment in the market. Altcoins, on the other hand, are there to diversify the market and provide new technologies. Altcoins where they depend are dependent on the Bitcoin price and market sentiment, but they stand on their own merits and are valuable from a practical point of view.
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If we are in the crypto space for a long time and are willing to learn, we will definitely understand which projects have potential or not.
So that we are not easily persuaded by the lure of bad projects that definitely do not have good potential.
Because actually we can see the project from the white paper and the community and the people who support the project.
Nowadays, I don't think investors are so interested in investing in projects because of the white paper they have gone through. Currently, the mindset of all that has changed; investors are not moved by that any longer. They are easily moved by the hyped given to projects on social media. That's why, there's a high rise of scams in the crypto space because of the way investors are after projects that promises quick profits.
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This Bitcoin trading if seen in the Binance market, there are many pairs with altcoins, this proves that Bitcoin cannot stand alone.
Maybe if seen from previous years (when there were not many altcoins present) the price of Bitcoin was still cheap because the level of trust in owning this Bitcoin was very low.
But look now at the local and international markets:
- Bitcoin price is expensive
- Bitcoin has many trade pairs with altcoins
- Bitcoin adoption is very high, even "they say" TESLA also accepts Bitcoin payments.
Classic reasons like this are what make Bitcoin cannot stand alone and there must be altcoins to interact, relate and work together in the cryptocurrency circle.
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If you have entered, then there are consequences of immediately being able to learn well what crypto is, so that you can know everything that happens in crypto well, because by diving directly, the stages to be able to find out will be experienced well and, of course, the maximum results.
Agree, with many people knowing about crypto, the potential inherent in it can be known well, so that many new crypto projects grow.
Then many will want to invest and choose which is the best, to be able to contribute to them after choosing it, and the choice is a separate responsibility, so you still have to be careful.
Many people are familiar with cryptocurrency, but they do not want to learn it properly. Even many just come and go, maybe because those people have not felt the benefits from here.
However, if we have received many benefits and advantages from Crypto, then we will be reluctant to leave it. Crypto has a good future, we are very lucky to be able to know this cryptocurrency now.
You are right that more and more people are already familiar with Crypto, but there are problems too, that those who do not want to plunge and learn as well as possible, do not know there are elements that can contribute well. So it is natural that many do not feel the benefits that can be taken from what is known from crypto.
But for those who already know, they accept their luck, and clearly it is certain they will not want to get out of the crypto.
I am sure that if they have jumped and know it will be the same as people who already know in advance, they will not let go of that good opportunity.
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Nowadays, I don't think investors are so interested in investing in projects because of the white paper they have gone through. Currently, the mindset of all that has changed; investors are not moved by that any longer. They are easily moved by the hyped given to projects on social media. That's why, there's a high rise of scams in the crypto space because of the way investors are after projects that promises quick profits.
People these days are just believing the words of others and they are choosing any project without reading about its details as they think that if they give time to read the White paper and understand the project then the price will go higher and their investment will remain a dream.
Investors when they hear good about any project assume that this project will stay longer with huge demand as well as huge gain in price so they start to accumulate that coin but one mistake which they make is that they are not giving time to their own exploration and they put their money in scam project due to their own fault.
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If we are in the crypto space for a long time and are willing to learn, we will definitely understand which projects have potential or not.
So that we are not easily persuaded by the lure of bad projects that definitely do not have good potential.
Because actually we can see the project from the white paper and the community and the people who support the project.
Nowadays, I don't think investors are so interested in investing in projects because of the white paper they have gone through. Currently, the mindset of all that has changed; investors are not moved by that any longer. They are easily moved by the hyped given to projects on social media. That's why, there's a high rise of scams in the crypto space because of the way investors are after projects that promises quick profits.
There are many ways to make a profit now, even some developers cheat so that the investors themselves lose.
So we have to be really careful here, because once we make a mistake then our money will be gone forever.
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If we are in the crypto space for a long time and are willing to learn, we will definitely understand which projects have potential or not.
So that we are not easily persuaded by the lure of bad projects that definitely do not have good potential.
Because actually we can see the project from the white paper and the community and the people who support the project.
Nowadays, I don't think investors are so interested in investing in projects because of the white paper they have gone through. Currently, the mindset of all that has changed; investors are not moved by that any longer. They are easily moved by the hyped given to projects on social media. That's why, there's a high rise of scams in the crypto space because of the way investors are after projects that promises quick profits.
There are many ways to make a profit now, even some developers cheat so that the investors themselves lose.
So we have to be really careful here, because once we make a mistake then our money will be gone forever.
Sometimes it is difficult to hold back for anyone who wants to make a profit very easily, so that every time someone gives a bigger prize, it is no longer analyzed first, that it makes sense what is given, when the funds have been entered there and, finally, fraud occurs.
Agree, always be careful at every step to put funds so that there are no mistakes that result in our funds being lost there.
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If we are in the crypto space for a long time and are willing to learn, we will definitely understand which projects have potential or not.
So that we are not easily persuaded by the lure of bad projects that definitely do not have good potential.
Because actually we can see the project from the white paper and the community and the people who support the project.
Nowadays, I don't think investors are so interested in investing in projects because of the white paper they have gone through. Currently, the mindset of all that has changed; investors are not moved by that any longer. They are easily moved by the hyped given to projects on social media. That's why, there's a high rise of scams in the crypto space because of the way investors are after projects that promises quick profits.
There are many ways to make a profit now, even some developers cheat so that the investors themselves lose.
So we have to be really careful here, because once we make a mistake then our money will be gone forever.
Finally someone said this, I've been aware of it for a long time. Every time there is a new project that starts from fundraising, they will definitely try to do that. With this fraud, developers can have token availability when the price goes up to be expensive, they can sell it and pretend that the one who did the dump was not from the developer and will blame market conditions, even the worst is to blame investors.
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If we are in the crypto space for a long time and are willing to learn, we will definitely understand which projects have potential or not.
So that we are not easily persuaded by the lure of bad projects that definitely do not have good potential.
Because actually we can see the project from the white paper and the community and the people who support the project.
Nowadays, I don't think investors are so interested in investing in projects because of the white paper they have gone through. Currently, the mindset of all that has changed; investors are not moved by that any longer. They are easily moved by the hyped given to projects on social media. That's why, there's a high rise of scams in the crypto space because of the way investors are after projects that promises quick profits.
There are many ways to make a profit now, even some developers cheat so that the investors themselves lose.
So we have to be really careful here, because once we make a mistake then our money will be gone forever.
Finally someone said this, I've been aware of it for a long time. Every time there is a new project that starts from fundraising, they will definitely try to do that. With this fraud, developers can have token availability when the price goes up to be expensive, they can sell it and pretend that the one who did the dump was not from the developer and will blame market conditions, even the worst is to blame investors.
and what's worse is that they often blame airdrop participants and even bounty hunters who have coins for free and make dumps of their coins, even though sometimes the ones who make dumps are the devs themselves when they have made a profit and investors who haven't made a profit bite their fingers.
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There are many ways to make a profit now, even some developers cheat so that the investors themselves lose.
So we have to be really careful here, because once we make a mistake then our money will be gone forever.
I would like to say agree with your opinion, I will also say that there is no need to trust on the memecoins because of having get huge profit I want to say in those hyped coin the way you can have the profit in the same way you can have lose your fund also.
Now the thing I want to say is based on the topic title "bitcoin needs altcoins as much as altcoins need bitcoin" this is also true like when bitcoin memepool goes on high we look for lower transactions cost coin. So there is need also. And I do it has ceased to hold a monopoly market position.
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Sometimes it is difficult to hold back for anyone who wants to make a profit very easily, so that every time someone gives a bigger prize, it is no longer analyzed first, that it makes sense what is given, when the funds have been entered there and, finally, fraud occurs.
Agree, always be careful at every step to put funds so that there are no mistakes that result in our funds being lost there.
A beginner is usually easily provoked to do this, they are easily influenced and even easily spend large amounts of money.
Meanwhile, in Cryptocurreny investment is not that easy and simple, there are several stages that we must go through to avoid fraud to get maximum profit.
One way is to do a good and correct analysis.
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Sometimes it is difficult to hold back for anyone who wants to make a profit very easily, so that every time someone gives a bigger prize, it is no longer analyzed first, that it makes sense what is given, when the funds have been entered there and, finally, fraud occurs.
Agree, always be careful at every step to put funds so that there are no mistakes that result in our funds being lost there.
A beginner is usually easily provoked to do this, they are easily influenced and even easily spend large amounts of money.
Meanwhile, in Cryptocurreny investment is not that easy and simple, there are several stages that we must go through to avoid fraud to get maximum profit.
One way is to do a good and correct analysis.
Exactly, that is the weakness of those who are new to cryptocurrency trading. They need a lot of experience from before. Trading is not just about making a profit by taking advantage of the movements that occur in the exchange place. Trading requires knowledge and various methods obtained from the results of experiments by trying to implement several methods that are already available in various information media that we can read. One analysis will not be enough to make a decision. We must compare various analyzes that can occur in the exchange place.
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A beginner is usually easily provoked to do this, they are easily influenced and even easily spend large amounts of money.
Meanwhile, in Cryptocurreny investment is not that easy and simple, there are several stages that we must go through to avoid fraud to get maximum profit.
One way is to do a good and correct analysis.
Exactly, that is the weakness of those who are new to cryptocurrency trading. They need a lot of experience from before. Trading is not just about making a profit by taking advantage of the movements that occur in the exchange place. Trading requires knowledge and various methods obtained from the results of experiments by trying to implement several methods that are already available in various information media that we can read. One analysis will not be enough to make a decision. We must compare various analyzes that can occur in the exchange place.
A beginner should not make decisions alone in crypto trading, communication with the community is important in my opinion.
But sometimes because of someone's selfishness, and feeling that they are already good at it, they end up doing their own actions.
We must always be careful in trading or investing in Cryptocurreny, because both beginners and professionals have high risks here.
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A beginner is usually easily provoked to do this, they are easily influenced and even easily spend large amounts of money.
Meanwhile, in Cryptocurreny investment is not that easy and simple, there are several stages that we must go through to avoid fraud to get maximum profit.
One way is to do a good and correct analysis.
Exactly, that is the weakness of those who are new to cryptocurrency trading. They need a lot of experience from before. Trading is not just about making a profit by taking advantage of the movements that occur in the exchange place. Trading requires knowledge and various methods obtained from the results of experiments by trying to implement several methods that are already available in various information media that we can read. One analysis will not be enough to make a decision. We must compare various analyzes that can occur in the exchange place.
A beginner should not make decisions alone in crypto trading, communication with the community is important in my opinion.
But sometimes because of someone's selfishness, and feeling that they are already good at it, they end up doing their own actions.
We must always be careful in trading or investing in Cryptocurreny, because both beginners and professionals have high risks here.
If we have a community to share information with each other, it would be great. But I don't have a community like that yet, so I choose to trade with my own research and analysis. And so far it's been fine, it doesn't mean I'm selfish, but I haven't found a good friend.
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Exactly, that is the weakness of those who are new to cryptocurrency trading. They need a lot of experience from before. Trading is not just about making a profit by taking advantage of the movements that occur in the exchange place. Trading requires knowledge and various methods obtained from the results of experiments by trying to implement several methods that are already available in various information media that we can read. One analysis will not be enough to make a decision. We must compare various analyzes that can occur in the exchange place.
Experience is always needed in investing, not only when trading. because medium and long term holding also requires experience to choose the right coins. While the analysis used in trading that I use is only technical and fundamental analysis. and always read the latest news to be able to predict the movement of the coins I choose.
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Exactly, that is the weakness of those who are new to cryptocurrency trading. They need a lot of experience from before. Trading is not just about making a profit by taking advantage of the movements that occur in the exchange place. Trading requires knowledge and various methods obtained from the results of experiments by trying to implement several methods that are already available in various information media that we can read. One analysis will not be enough to make a decision. We must compare various analyzes that can occur in the exchange place.
Experience is always needed in investing, not only when trading. because medium and long term holding also requires experience to choose the right coins. While the analysis used in trading that I use is only technical and fundamental analysis. and always read the latest news to be able to predict the movement of the coins I choose.
Right, knowledge about trading is really needed therefore we must keep learning and trying new things. Trading requires a lot of trials and must dare to take action. as far as I know It is not easy to become a professional trader.
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Exactly, that is the weakness of those who are new to cryptocurrency trading. They need a lot of experience from before. Trading is not just about making a profit by taking advantage of the movements that occur in the exchange place. Trading requires knowledge and various methods obtained from the results of experiments by trying to implement several methods that are already available in various information media that we can read. One analysis will not be enough to make a decision. We must compare various analyzes that can occur in the exchange place.
Experience is always needed in investing, not only when trading. because medium and long term holding also requires experience to choose the right coins. While the analysis used in trading that I use is only technical and fundamental analysis. and always read the latest news to be able to predict the movement of the coins I choose.
Right, knowledge about trading is really needed therefore we must keep learning and trying new things. Trading requires a lot of trials and must dare to take action. as far as I know It is not easy to become a professional trader.
A professional trader is also certain to have experienced losses first and, from the losses obtained, then he will not repeat them again and that is a very good lesson. Indeed, you must learn from short trading first so that you can deepen it without any losses that ultimately lead to prolonged disappointment., Agree, everyone must start immediately and do not hesitate so that with the addition of time you can analyze each step that will be taken properly.
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Nowadays, I don't think investors are so interested in investing in projects because of the white paper they have gone through. Currently, the mindset of all that has changed; investors are not moved by that any longer. They are easily moved by the hyped given to projects on social media. That's why, there's a high rise of scams in the crypto space because of the way investors are after projects that promises quick profits.
honestly this applies to pretty much everything nowadays especially on social media
people are much more gullible and vulnerable to misinformation that they only follow the mass without checking actual sources for it their logic is that if there are enough people who believe in a project's purpose then it must be a good project people seem to have lost the ability to make decisions themselves and not just follow the majority blindly
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Exactly, that is the weakness of those who are new to cryptocurrency trading. They need a lot of experience from before. Trading is not just about making a profit by taking advantage of the movements that occur in the exchange place. Trading requires knowledge and various methods obtained from the results of experiments by trying to implement several methods that are already available in various information media that we can read. One analysis will not be enough to make a decision. We must compare various analyzes that can occur in the exchange place.
Hmmmm... that is right new traders in cryptocurrency market mostly lack necessary experience and knowledge to succeed. Trading is not just about making quick profit but it requires deep understanding of market and various trading strategies. Relying on single analysis or method is not enough traders should stay informed and adapt to changing market conditions.
It is good to continuously learn from experiments try to use different methods and compare multiple analyses to make good decisions. Experience and knowledge are key to navigate complexities of cryptocurrency trading and new traders should be aware and patient and with this they
can develop their skills.
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Very related, between altcoin and bitcoin, and the way the cryptocurrency ecosystem grows, both need these two elements... altcoin is present as a complement, where when altcoin is not present in the Bitcoin ecosystem it really won't be able to have this much trading volume.. meaning Bitcoin is not as famous as this... the media influence will be a little less interesting because the community is not as big as it is now if altcoin is not present.
I appreciate Bitcoin as an initiator, and I also appreciate altcoin as a successor. With the presence of bitcoin and altcoin, cryptocurrency becomes more adoptable by more people.
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Nowadays, I don't think investors are so interested in investing in projects because of the white paper they have gone through. Currently, the mindset of all that has changed; investors are not moved by that any longer. They are easily moved by the hyped given to projects on social media. That's why, there's a high rise of scams in the crypto space because of the way investors are after projects that promises quick profits.
honestly this applies to pretty much everything nowadays especially on social media
people are much more gullible and vulnerable to misinformation that they only follow the mass without checking actual sources for it their logic is that if there are enough people who believe in a project's purpose then it must be a good project people seem to have lost the ability to make decisions themselves and not just follow the majority blindly
This is very bad. I could remember years back, around 2021 and 2022, when the concept of first going through a white paper before investing was invoked. How that advice was let go currently, it's what I don't understand that People are not being focused on the white paper again but rather on hype given on social media or they going by what crypto influencers have to analyze about a coin for them before they invest, making many not interested in doing their own research.
This is terrible. I don't know how we can get this corrected because it has made many lose huge amounts of money just because they follow the hype of social media.
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Very related, between altcoin and bitcoin, and the way the cryptocurrency ecosystem grows, both need these two elements... altcoin is present as a complement, where when altcoin is not present in the Bitcoin ecosystem it really won't be able to have this much trading volume.. meaning Bitcoin is not as famous as this... the media influence will be a little less interesting because the community is not as big as it is now if altcoin is not present.
I appreciate Bitcoin as an initiator, and I also appreciate altcoin as a successor. With the presence of bitcoin and altcoin, cryptocurrency becomes more adoptable by more people.
Altcoin does have a good impact on the bitcoin assets that we have so that they grow more and more. But Bitcoin is the king of all cryptocurrencies that can provide price movements to all cryptocurrencies on the market. A very strong community and media give power to Bitcoin to be this big.
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Very related, between altcoin and bitcoin, and the way the cryptocurrency ecosystem grows, both need these two elements... altcoin is present as a complement, where when altcoin is not present in the Bitcoin ecosystem it really won't be able to have this much trading volume.. meaning Bitcoin is not as famous as this... the media influence will be a little less interesting because the community is not as big as it is now if altcoin is not present.
I appreciate Bitcoin as an initiator, and I also appreciate altcoin as a successor. With the presence of bitcoin and altcoin, cryptocurrency becomes more adoptable by more people.
Altcoin does have a good impact on the bitcoin assets that we have so that they grow more and more. But Bitcoin is the king of all cryptocurrencies that can provide price movements to all cryptocurrencies on the market. A very strong community and media give power to Bitcoin to be this big.
They are Ying and Yang of sorts ;D
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... People are not being focused on the white paper again but rather on hype given on social media or they going by what crypto influencers have to analyze about a coin for them before they invest, making many not interested in doing their own research.
That's how the uncommon become common these days. Imagine crypto people have this "standards" on how to put their funds on any "major" coins to avoid getting dump overnight yet some hype coins just comes then everything changes.
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... People are not being focused on the white paper again but rather on hype given on social media or they going by what crypto influencers have to analyze about a coin for them before they invest, making many not interested in doing their own research.
That's how the uncommon become common these days. Imagine crypto people have this "standards" on how to put their funds on any "major" coins to avoid getting dump overnight yet some hype coins just comes then everything changes.
It's hard to get away from the hype that might happen through social media, and it will affect what we do, but if you understand and already know then like what you said, they will put in the major coins that have been tested and have the potential to be chosen. But now it's relatively rare for new coins to come that give surprises, because the situation hasn't really improved for crypto at this time.
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This is very bad. I could remember years back, around 2021 and 2022, when the concept of first going through a white paper before investing was invoked. How that advice was let go currently, it's what I don't understand that People are not being focused on the white paper again but rather on hype given on social media or they going by what crypto influencers have to analyze about a coin for them before they invest, making many not interested in doing their own research.
This is terrible. I don't know how we can get this corrected because it has made many lose huge amounts of money just because they follow the hype of social media.
It seems like they realize that "they are investing in something they are willing to take the risk of" and I am a little bit in disbelief, because many people are starting to be careless in making investments, as you said... many are starting to be lazy to read whitepapers, many are starting to be lazy to analyze themselves... they all hope for luck by insisting that the money they keep in their wallet is money they are willing to bear if it is lost... little by little, a person's wisdom begins to erode with this thinking... and causes laziness.
Basically they still hope to get profit, and no one ever hopes that the result of their investment will only be a loss. But many people seem to be starting to misinterpret "only use money you are willing to lose".
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... People are not being focused on the white paper again but rather on hype given on social media or they going by what crypto influencers have to analyze about a coin for them before they invest, making many not interested in doing their own research.
That's how the uncommon become common these days. Imagine crypto people have this "standards" on how to put their funds on any "major" coins to avoid getting dump overnight yet some hype coins just comes then everything changes.
It's hard to get away from the hype that might happen through social media, and it will affect what we do, but if you understand and already know then like what you said, they will put in the major coins that have been tested and have the potential to be chosen. But now it's relatively rare for new coins to come that give surprises, because the situation hasn't really improved for crypto at this time.
The crypto market conditions have not improved and stabilized after bitcoin experienced a very sharp correction. We see the price movement of altcoins has not touched the previous figure, so I have not seen any new projects that are good and show extraordinary price increases at this time, or maybe I am lacking in doing research on new projects.
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... People are not being focused on the white paper again but rather on hype given on social media or they going by what crypto influencers have to analyze about a coin for them before they invest, making many not interested in doing their own research.
That's how the uncommon become common these days. Imagine crypto people have this "standards" on how to put their funds on any "major" coins to avoid getting dump overnight yet some hype coins just comes then everything changes.
It's hard to get away from the hype that might happen through social media, and it will affect what we do, but if you understand and already know then like what you said, they will put in the major coins that have been tested and have the potential to be chosen. But now it's relatively rare for new coins to come that give surprises, because the situation hasn't really improved for crypto at this time.
The crypto market conditions have not improved and stabilized after bitcoin experienced a very sharp correction. We see the price movement of altcoins has not touched the previous figure, so I have not seen any new projects that are good and show extraordinary price increases at this time, or maybe I am lacking in doing research on new projects.
Agree that the market has not improved because altcoins have not been able to follow the movements made by bitcoin in the past few months which have moved up and down quickly, so that the recovery made by altcoins is not perfect. We must wait for bitcoin to move stability, then altcoins will be able to keep up again.
I think you are right that currently there are no surprises from new altcoins that can stand out apart from TON, which made an ATH surprise with BNB. In a market situation like this, not being corrected too deeply is already very good.
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Agree that the market has not improved because altcoins have not been able to follow the movements made by bitcoin in the past few months which have moved up and down quickly, so that the recovery made by altcoins is not perfect. We must wait for bitcoin to move stability, then altcoins will be able to keep up again.
I think you are right that currently there are no surprises from new altcoins that can stand out apart from TON, which made an ATH surprise with BNB. In a market situation like this, not being corrected too deeply is already very good.
Altcoin season has not arrived yet, my friend, that's what makes altcoin unable to follow bitcoin's movement. And don't forget bitcoin also struggled to reach its previous ATH because market conditions are not good at the moment, maybe by the end of this year we will see a better market than today.
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Altcoins need Bitcoin and Bitcoin needs altcoins, it's like a hippopotamus with a starling, because a hippopotamus needs a starling to eat the fleas on the hippopotamus' body. Bitcoin is like a hippopotamus and altcoins are starlings, there are times when we have altcoins then we will also take Profit of Bitcoin when it goes up and down or starlings eat fleas from hippos. This reply for OP and this is my opinion.
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Agree that the market has not improved because altcoins have not been able to follow the movements made by bitcoin in the past few months which have moved up and down quickly, so that the recovery made by altcoins is not perfect. We must wait for bitcoin to move stability, then altcoins will be able to keep up again.
I think you are right that currently there are no surprises from new altcoins that can stand out apart from TON, which made an ATH surprise with BNB. In a market situation like this, not being corrected too deeply is already very good.
Altcoin season has not arrived yet, my friend, that's what makes altcoin unable to follow bitcoin's movement. And don't forget bitcoin also struggled to reach its previous ATH because market conditions are not good at the moment, maybe by the end of this year we will see a better market than today.
Market wont really be just that staying on what it is or simply on a single point.and also come to think that Bitcoin could stand alone if we do really talk realistically, it did really just turned out that this market has expanded on the time or moment that other devs do tend to create their own and this is why we do have an altcoin on which it isnt really that also bad on having
these things considering that not all the time that Bitcoin investment would be solely the one will be existing. There would those people who would really be that creating
another coins on which they could possibly do as much as they do know that this would really be that a trend.
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Market wont really be just that staying on what it is or simply on a single point.and also come to think that Bitcoin could stand alone if we do really talk realistically, it did really just turned out that this market has expanded on the time or moment that other devs do tend to create their own and this is why we do have an altcoin on which it isnt really that also bad on having
these things considering that not all the time that Bitcoin investment would be solely the one will be existing. There would those people who would really be that creating
another coins on which they could possibly do as much as they do know that this would really be that a trend.
altcoin is another option, and quite potential for investment. As an alternative coin we have also seen altcoin also perform its role well. And it is likely that in the future we will see many new altcoins that give us many opportunities to invest so that it can bring us profit.
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Market wont really be just that staying on what it is or simply on a single point.and also come to think that Bitcoin could stand alone if we do really talk realistically, it did really just turned out that this market has expanded on the time or moment that other devs do tend to create their own and this is why we do have an altcoin on which it isnt really that also bad on having
these things considering that not all the time that Bitcoin investment would be solely the one will be existing. There would those people who would really be that creating
another coins on which they could possibly do as much as they do know that this would really be that a trend.
altcoin is another option, and quite potential for investment. As an alternative coin we have also seen altcoin also perform its role well. And it is likely that in the future we will see many new altcoins that give us many opportunities to invest so that it can bring us profit.
Altcoins are useful for the same reason as Bitcoin where they can become an interesting investment option. Almost all altcoins have proven their functionality in fulfilling certain functions and offering solutions that Bitcoin cannot offer. Based on their respective characteristics and technologies, some altcoins have created substantial value in the crypto market. This growth potential creates chances for investors to dive into different altcoins that may offer good returns.
We are likely to witness even more altcoins in the future with new concepts and technologies that might provide attractive investment prospects. This means that with innovation coming on the crypto space on a continuous basis, altcoins may come up with new problems to solve or better attributes to bring on the table; this increases the chances of making profits among investors. Nonetheless, it is vital to conduct an elaborate study to identify the appropriate altcoins and comprehend the potential risks because this market is volatile and dynamic. By being knowledgeable and strategic, altcoins can prove to be a great way to diversify a persona’s investment portfolio effectively.
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Market wont really be just that staying on what it is or simply on a single point.and also come to think that Bitcoin could stand alone if we do really talk realistically, it did really just turned out that this market has expanded on the time or moment that other devs do tend to create their own and this is why we do have an altcoin on which it isnt really that also bad on having
these things considering that not all the time that Bitcoin investment would be solely the one will be existing. There would those people who would really be that creating
another coins on which they could possibly do as much as they do know that this would really be that a trend.
altcoin is another option, and quite potential for investment. As an alternative coin we have also seen altcoin also perform its role well. And it is likely that in the future we will see many new altcoins that give us many opportunities to invest so that it can bring us profit.
Altcoins are useful for the same reason as Bitcoin where they can become an interesting investment option. Almost all altcoins have proven their functionality in fulfilling certain functions and offering solutions that Bitcoin cannot offer. Based on their respective characteristics and technologies, some altcoins have created substantial value in the crypto market. This growth potential creates chances for investors to dive into different altcoins that may offer good returns.
We are likely to witness even more altcoins in the future with new concepts and technologies that might provide attractive investment prospects. This means that with innovation coming on the crypto space on a continuous basis, altcoins may come up with new problems to solve or better attributes to bring on the table; this increases the chances of making profits among investors. Nonetheless, it is vital to conduct an elaborate study to identify the appropriate altcoins and comprehend the potential risks because this market is volatile and dynamic. By being knowledgeable and strategic, altcoins can prove to be a great way to diversify a persona’s investment portfolio effectively.
only potential altcoins have proven their technology useful for users, while many altcoins are useless and eventually die. I also agree with you that there will be many altcoins that have good technology in the future and this will be good for users, while bitcoin will continue to play its role as the king of crypto currency. Does bitcoin need altcoin? of course altcoin will always support bitcoin even though at the beginning of bitcoin's launch, bitcoin was alone without altcoin. This is a fact that happened.
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Market wont really be just that staying on what it is or simply on a single point.and also come to think that Bitcoin could stand alone if we do really talk realistically, it did really just turned out that this market has expanded on the time or moment that other devs do tend to create their own and this is why we do have an altcoin on which it isnt really that also bad on having
these things considering that not all the time that Bitcoin investment would be solely the one will be existing. There would those people who would really be that creating
another coins on which they could possibly do as much as they do know that this would really be that a trend.
altcoin is another option, and quite potential for investment. As an alternative coin we have also seen altcoin also perform its role well. And it is likely that in the future we will see many new altcoins that give us many opportunities to invest so that it can bring us profit.
I agree, but BTC should be the bigger part of the portfolio.
That's my opinion, of course ;D
The potential of new alts shouldn't discourage us from accumulating it.
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I agree with your point about Bitcoin's purpose but I will like to add that altcoins play a very important role in expanding what blockchain can do. While Bitcoin is all about decentralizing money, altcoins have pushed the limits by creating new technologies like smart contracts and decentralized apps. This keeps the whole crypto space growing.
If we only focus on Bitcoin, we might miss out on these innovations that we are all not yet familiar with.. Altcoins encourage competition and force Bitcoin to want to improve .The real strength of the crypto world comes from its diversity and ability to adapt, not by sticking to a particular idea.
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Market wont really be just that staying on what it is or simply on a single point.and also come to think that Bitcoin could stand alone if we do really talk realistically, it did really just turned out that this market has expanded on the time or moment that other devs do tend to create their own and this is why we do have an altcoin on which it isnt really that also bad on having
these things considering that not all the time that Bitcoin investment would be solely the one will be existing. There would those people who would really be that creating
another coins on which they could possibly do as much as they do know that this would really be that a trend.
altcoin is another option, and quite potential for investment. As an alternative coin we have also seen altcoin also perform its role well. And it is likely that in the future we will see many new altcoins that give us many opportunities to invest so that it can bring us profit.
We believe that altcoin and bitcoin twice is very important for crypto currency market. Because we know that altcoin is very potential for crypto market, which will be development in bitcoin. But we also know that bitcoin is one of the best profitable crypto in cryptocurrency market. But we cannot depending on just bitcoin. So i believe that altcoin and bitcoin twice is very effective matter in cryptocurrency market. But if we want to hold or invest in ethereum, we must be understand in cryptocurrency market.
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I agree with your point about Bitcoin's purpose but I will like to add that altcoins play a very important role in expanding what blockchain can do. While Bitcoin is all about decentralizing money, altcoins have pushed the limits by creating new technologies like smart contracts and decentralized apps. This keeps the whole crypto space growing.
If we only focus on Bitcoin, we might miss out on these innovations that we are all not yet familiar with.. Altcoins encourage competition and force Bitcoin to want to improve .The real strength of the crypto world comes from its diversity and ability to adapt, not by sticking to a particular idea.
At present many Altcoin is developing a new project, this is good for the world of crypto, Bitcoin as a pioneer will remain the most popular and expensive coin even though many new smart contracts are better than Bitcoin, but it will not shift the position of Bitcoin as king. Bitcoin is needed, because large investors believe more in Bitcoin than Altcoin, that's the facts.
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Bitcoin is needed, because large investors believe more in Bitcoin than Altcoin, that's the facts.
altcoins are for innovation while bitcoin is to attract more investors and strengthen the reputation of crypto to the general public back then when crypto was still new everyone kept saying that scams were everywhere i’d assume it’s because of altcoins these days it’s memecoins that give this kind of impression to other people due to instability and volatility of altcoins, specifically memecoins, people easily lose money which they don’t expect i don’t necessarily see this as a bad thing because like i said altcoins serve a different purpose than that of bitcoin what should change is how people perceive understand and use altcoins
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I agree with your point about Bitcoin's purpose but I will like to add that altcoins play a very important role in expanding what blockchain can do. While Bitcoin is all about decentralizing money, altcoins have pushed the limits by creating new technologies like smart contracts and decentralized apps. This keeps the whole crypto space growing.
If we only focus on Bitcoin, we might miss out on these innovations that we are all not yet familiar with.. Altcoins encourage competition and force Bitcoin to want to improve .The real strength of the crypto world comes from its diversity and ability to adapt, not by sticking to a particular idea.
At present many Altcoin is developing a new project, this is good for the world of crypto, Bitcoin as a pioneer will remain the most popular and expensive coin even though many new smart contracts are better than Bitcoin, but it will not shift the position of Bitcoin as king. Bitcoin is needed, because large investors believe more in Bitcoin than Altcoin, that's the facts.
And as much as we have heard that there are altcoins that supposedly better than Bitcoin, still they can't catch up and then there is the process of some of them dying on natural causes (no longer being supported by the community, hype have died down).
So there is only one Bitcoin and for now we can say that there will be no challenge as it is the pioneer. And I think it is going bigger by the year, adoption is much closer than like 7 years ago when it had a break out run in the financial market.
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I agree with your point about Bitcoin's purpose but I will like to add that altcoins play a very important role in expanding what blockchain can do. While Bitcoin is all about decentralizing money, altcoins have pushed the limits by creating new technologies like smart contracts and decentralized apps. This keeps the whole crypto space growing.
If we only focus on Bitcoin, we might miss out on these innovations that we are all not yet familiar with.. Altcoins encourage competition and force Bitcoin to want to improve .The real strength of the crypto world comes from its diversity and ability to adapt, not by sticking to a particular idea.
At present many Altcoin is developing a new project, this is good for the world of crypto, Bitcoin as a pioneer will remain the most popular and expensive coin even though many new smart contracts are better than Bitcoin, but it will not shift the position of Bitcoin as king. Bitcoin is needed, because large investors believe more in Bitcoin than Altcoin, that's the facts.
And as much as we have heard that there are altcoins that supposedly better than Bitcoin, still they can't catch up and then there is the process of some of them dying on natural causes (no longer being supported by the community, hype have died down).
So there is only one Bitcoin and for now we can say that there will be no challenge as it is the pioneer. And I think it is going bigger by the year, adoption is much closer than like 7 years ago when it had a break out run in the financial market.
Only time will tell, but the currency that is used more judging by the use-cases is not BTC, I would say.
Even if it's a king of sorts because it's the first one of them all that the market put out in place.
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I agree with your point about Bitcoin's purpose but I will like to add that altcoins play a very important role in expanding what blockchain can do. While Bitcoin is all about decentralizing money, altcoins have pushed the limits by creating new technologies like smart contracts and decentralized apps. This keeps the whole crypto space growing.
If we only focus on Bitcoin, we might miss out on these innovations that we are all not yet familiar with.. Altcoins encourage competition and force Bitcoin to want to improve .The real strength of the crypto world comes from its diversity and ability to adapt, not by sticking to a particular idea.
At present many Altcoin is developing a new project, this is good for the world of crypto, Bitcoin as a pioneer will remain the most popular and expensive coin even though many new smart contracts are better than Bitcoin, but it will not shift the position of Bitcoin as king. Bitcoin is needed, because large investors believe more in Bitcoin than Altcoin, that's the facts.
And as much as we have heard that there are altcoins that supposedly better than Bitcoin, still they can't catch up and then there is the process of some of them dying on natural causes (no longer being supported by the community, hype have died down).
So there is only one Bitcoin and for now we can say that there will be no challenge as it is the pioneer. And I think it is going bigger by the year, adoption is much closer than like 7 years ago when it had a break out run in the financial market.
Only time will tell, but the currency that is used more judging by the use-cases is not BTC, I would say.
Even if it's a king of sorts because it's the first one of them all that the market put out in place.
What you say could be true. It must be remembered that what you say is based on the amount of use. Of course, it is definitely the amount used. I am very sure that from the amount, altcoins are often used a lot. If you want to compare them with bitcoin, because altcoins are quite numerous and their prices are also affordable so they can be used at any time, especially like ethereum, BNB because they are usually used as gas fees.
But when it comes to activity, I believe that bitcoin is often used.