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Author Topic: Bitcoin needs Altcoins as much as Altcoins need Bitcoin  (Read 16021 times)

Offline Makus

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #135 on: June 29, 2024, 04:36:15 PM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #135 on: June 29, 2024, 04:36:15 PM »

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Offline Mr. Magkaisa

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #136 on: July 02, 2024, 10:20:06 PM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #136 on: July 02, 2024, 10:20:06 PM »

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Offline yohananaomi

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #137 on: July 03, 2024, 04:56:59 AM »
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. .

Offline Rubel007

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #138 on: July 03, 2024, 08:05:17 AM »
      -   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.

Offline Jamal Aezaz

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #139 on: July 06, 2024, 10:15:03 AM »

          -   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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Offline MUGNIA

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #140 on: July 06, 2024, 02:33:01 PM »
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?

Offline yohananaomi

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #141 on: July 10, 2024, 05:16:31 AM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #141 on: July 10, 2024, 05:16:31 AM »


Offline Vx1

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #142 on: July 10, 2024, 04:22:17 PM »
~

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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #143 on: July 11, 2024, 04:16:51 PM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #144 on: July 11, 2024, 08:13:55 PM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #145 on: July 15, 2024, 02:23:58 AM »
~

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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #146 on: July 15, 2024, 05:58:51 PM »
~

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.

Offline Gurujebs

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #147 on: July 15, 2024, 08:35:19 PM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #148 on: July 16, 2024, 02:10:42 AM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #149 on: July 16, 2024, 02:32:39 AM »
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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