Bitcoin needs Altcoins as much as Altcoins need Bitcoin

[JoyMarsha]

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.

[kai]

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.

[yohananaomi]

~

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.

[Jamal Aezaz]

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.

[Vx1]

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.

[yohananaomi]

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.

[pieppiep]

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.

[MUGNIA]

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.

[|MINER|]

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.

[Vx1]

~

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.

[pieppiep]

~

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.

[Vx1]

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.

[satpol_PP]

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.

[de_prof]

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.

[pieppiep]

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.