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Author Topic: Bitcoin needs Altcoins as much as Altcoins need Bitcoin  (Read 16030 times)

Offline Vx1

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #165 on: July 21, 2024, 05:40:05 PM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #165 on: July 21, 2024, 05:40:05 PM »

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Offline yohananaomi

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #166 on: July 22, 2024, 04:20:21 AM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #166 on: July 22, 2024, 04:20:21 AM »

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #167 on: July 22, 2024, 09:58:26 AM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #168 on: July 22, 2024, 11:26:32 AM »
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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Offline Jamal Aezaz

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #169 on: July 22, 2024, 08:05:54 PM »
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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Offline Vx1

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #170 on: July 23, 2024, 04:33:25 PM »
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.

Offline yohananaomi

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #171 on: July 24, 2024, 09:32:26 AM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #171 on: July 24, 2024, 09:32:26 AM »


Offline $crypto$

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #172 on: July 24, 2024, 06:42:20 PM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #173 on: July 26, 2024, 05:19:14 PM »
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.

Offline albon

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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #174 on: July 26, 2024, 09:25:22 PM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #175 on: July 28, 2024, 01:12:22 AM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #176 on: July 29, 2024, 07:11:09 AM »
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #177 on: August 01, 2024, 08:15:09 PM »
~
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #178 on: August 02, 2024, 04:12:58 PM »
~
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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Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin
« Reply #179 on: August 02, 2024, 05:30:21 PM »
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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