Quote from: yhiaali3 on January 23, 2024, 08:36:51 AM

This is true for Bitcoin and some reliable Altcoins, but for the rest of the coins, this is not always the case.

I mean that holding Bitcoin is risk-free and definitely profitable in the long run, but as for the rest of the Altcoins, there are great risks in holding in the long term because it is possible that these Altcoins will collapse or lose their value in the long run.

There may be some good altcoins in the long term like Ethereum, but personally I think the only safe investment is holding Bitcoin.

Investing in Bitcoin involves risk, and the level of risk may vary depending on various factors. Some risks to consider include:

Volatility Bitcoin prices can experience significant fluctuations in short periods of time. This can create great opportunities, but also increases the risk of losing investment value.

Bitcoin's underlying blockchain technology has proven to be robust as technological developments or emerging issues could impact its long-term impact.

In terms of the general rule, there is no investment without risk. Yes, Bitcoin in the short term is volatile and carries risk. These days we are witnessing a strong decline after a rise that lasted for a period of months.

But we are talking about holding in the long term. If we look at the history of Bitcoin, we will see one trend, which is only upward. Therefore, I consider investing in Bitcoin in the long term profitable and does not contain any risks.

Of course, mixers can be used for altcoins, but I suspect that the main reason why mixers only offer a mixing service for Bitcoin is firstly decentralization and then trust.

Bitcoin is completely decentralized and has a very high degree of reliability, making it the preferred choice for investors who want to invest huge amounts of money and maintain their privacy.

Therefore, I expect that there is a high demand for mixing Bitcoin, while there is not a high demand for mixing altcoins, and this is what makes the mixers content with providing Bitcoin mixing services only.

The criticisms of Tether are spot on, yes everyone in Crypto knows that Tether is centralized and fully subject to government regulations regarding anti-drugs, money laundering and terrorism.

USDT is always talked about as being centralized, with a violation of privacy and the possibility of freezing the balance of users based on government orders, which makes it an absolutely unfavorable option by those working in crypto.

These characteristics of Tether make it closer to government money than to cryptocurrencies, so yes I agree with their criticism of the UN report.

He has stressed that none of his companies will ever create a crypto token.

It is good that Elon Musk has confirmed that none of his companies will ever create their own token, as this will reduce scams promoted by claims that they belong to Elon Musk or one of his companies.

But I think that Mr. Elon Musk has lost his charm and influence on cryptocurrencies. In the past, any statement he made would cause a meteoric rise or decline in the market, but today we see that this influence has diminished greatly.

I came to the world of Bitcoin by chance. I was looking for work on the Internet and I did not know anything about Bitcoin. Then by chance, Bitcoin advertisements began to appear in front of me in abundance.
From here I began my journey to learn more about Bitcoin. The idea of decentralization and privacy excited me and I began to learn about Blockchain, this wonderful technology with its transparency and the possibility of sending money around the world with complete ease while maintaining privacy and transparency.

I have finally achieved the true financial freedom that I have always been searching for.

Yes, airdrops have become a waste of time and useless. In the past, there were some good airdrops through which we obtained some free tokens that later became valuable, but these are very few cases.

As for the forum, I think that these sections on airdrops and giveaway have been around since the forum was created. There are still some people interested in airdrops and bounties, so it is good to have sections that contain these things to discuss.

Even if SEC Chair Gary Gensler introduces “onerous new cryptocurrency regulations” it doesn’t does not necessarily get approved, and even if it does get approved it not necessarily lead to a “sharp decline” in the price of Bitcoin. ...

I think this is somewhat exaggerated. Gary Gensler has many opponents and he will not necessarily be able to obtain approval. Also, do not forget that the giant company that obtained ETF approval, such as BlackRock, has great influence and will strive to prevent Gary Gensler from obtaining the required approval.

In the worst case scenario, Bitcoin falling to low levels does not pose a major problem for investors in the long term. On the contrary, it may be a great opportunity to obtain more Bitcoin at cheap prices.