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Author Topic: What got you interested in Bitcoin  (Read 22031 times)

Offline dekafee79

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Re: What got you interested in Bitcoin
« Reply #165 on: August 08, 2024, 09:58:35 AM »
This is a crypto forum and it's true that many holds altcoins instead of Bitcoin. But if you know someone personally then you'd ask if they're holding Bitcoin, it's best to keep your mouth shut as you want to make yourself safe from such. Not all the people that you tell that you own Btc is happy about you. But anyway, I hold a few, not a lot, and might be part of the shrimps organization community. I'm interested to hold it because of the early thoughts about it being the future.
The reason why people hold more altcoins than bitcoin is because they have the belief that altcoins will provide greater profits than bitcoin, I also do that. My Bitcoin is in the main wallet, and my altcoins are in the wallet connected to the exchange because I choose altcoins for short term and medium term.

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Re: What got you interested in Bitcoin
« Reply #165 on: August 08, 2024, 09:58:35 AM »

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Offline Dr.Bitcoin_Strange

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Re: What got you interested in Bitcoin
« Reply #166 on: August 08, 2024, 10:26:31 AM »
This is a crypto forum and it's true that many holds altcoins instead of Bitcoin. But if you know someone personally then you'd ask if they're holding Bitcoin, it's best to keep your mouth shut as you want to make yourself safe from such. Not all the people that you tell that you own Btc is happy about you. But anyway, I hold a few, not a lot, and might be part of the shrimps organization community. I'm interested to hold it because of the early thoughts about it being the future.
The reason why people hold more altcoins than bitcoin is because they have the belief that altcoins will provide greater profits than bitcoin, I also do that. My Bitcoin is in the main wallet, and my altcoins are in the wallet connected to the exchange because I choose altcoins for short term and medium term.
Yeah a lot of people believes Bitcoin won't grow more than it is now and that is why you see them go into new coins, this was the same believe some people had 10 years ago and refuse to invest in Bitcoin and now they are regretting deeply and 10 years from now people will still regret why they didn't invest in Bitcoin, some will regret why they didn't take Bitcoin investment serious.
Someone said Bitcoin will never hit $100k that Bitcoin will never grow more than it is now and I remembered some that said something 5 years ago and regretted because Bitcoin grew more than he expected, Bitcoin has not grown to half of it's growth capacity so Bitcoin will keep growing bigger and better.

Some people feels new coins are the best that they grow fast and some even believe some new coins will grow bigger than Bitcoin but all those are never true, a lot of new coins are scam and a lot of people has lost there money into the hands of all this so called new coins, I know of someone that dead when he was told that the new coin he invested all his life savings into has dropped dramatically in value.
The creators of some new coins just did it to take advantage of people, there has been record of people losing there money to new coins which is very bad, I don't encourage people to go into new coins.
The reason why people still invest in new coins is because of lack of patience in Bitcoin anyone without patience can't invest in Bitcoin but remember what they say patience is virtue.

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Re: What got you interested in Bitcoin
« Reply #166 on: August 08, 2024, 10:26:31 AM »

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Offline Ricardo11

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Re: What got you interested in Bitcoin
« Reply #167 on: August 08, 2024, 06:58:42 PM »
I have become addicted to Bitcoin because Bitcoin has given me the most convenience and flexibility in the crypto world. If I put aside the fact that the price has increased every year, I would say that Bitcoin is less risky than other coins. Bitcoin does not have high volatility like other coins. So I feel more comfortable depositing my money in Bitcoin.
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Offline Gurujebs

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Re: What got you interested in Bitcoin
« Reply #168 on: August 08, 2024, 07:09:44 PM »
The reason why people hold more altcoins than bitcoin is because they have the belief that altcoins will provide greater profits than bitcoin, I also do that. My Bitcoin is in the main wallet, and my altcoins are in the wallet connected to the exchange because I choose altcoins for short term and medium term.

Some people buy more altcoins because that's the world they live in, that's the orientation they were given right from when they start crypto journey and they don't value the importance of Bitcoin. Some of them don't even understand what Bitcoin represents to even consider it as an investment and centralized exchanges are not helping, they visualize altcoins to new crypto investors than Bitcoin.

People around newbies discussed profits of altcoins than they discuss that of Bitcoin else on a normal level of market. If you buy Bitcoin when it was low, you should have a reasonable amount of profit than some altcoins.
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Online SmartGold01

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Re: What got you interested in Bitcoin
« Reply #169 on: August 09, 2024, 01:04:49 AM »
The reason why people hold more altcoins than bitcoin is because they have the belief that altcoins will provide greater profits than bitcoin, I also do that. My Bitcoin is in the main wallet, and my altcoins are in the wallet connected to the exchange because I choose altcoins for short term and medium term.

Some people buy more altcoins because that's the world they live in, that's the orientation they were given right from when they start crypto journey and they don't value the importance of Bitcoin. Some of them don't even understand what Bitcoin represents to even consider it as an investment and centralized exchanges are not helping, they visualize altcoins to new crypto investors than Bitcoin.

People around newbies discussed profits of altcoins than they discuss that of Bitcoin else on a normal level of market. If you buy Bitcoin when it was low, you should have a reasonable amount of profit than some altcoins.
I think you just got it right because lot people are testifying about their altcoin journey how they made huge profits from altcoin X or Z but without knowing that it's also risk because most of these altcoin often ends up being so hyped where it could be easily pumped and dump. If proper knowledge of bitcoin are being presented to them it could be much more easier for them than investment on altcoin most especially those who wants to immediate profits that can't hold for long don't mind running into altcoin for investment to cash out quickly why they think bitcoin is to hold for long term.

Offline Dr.Bitcoin_Strange

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Re: What got you interested in Bitcoin
« Reply #170 on: August 09, 2024, 10:48:52 AM »
I have become addicted to Bitcoin because Bitcoin has given me the most convenience and flexibility in the crypto world. If I put aside the fact that the price has increased every year, I would say that Bitcoin is less risky than other coins. Bitcoin does not have high volatility like other coins. So I feel more comfortable depositing my money in Bitcoin.
Yeah, Bitcoin is one of the best investment in the world right now and the best crypto coin, Bitcoin gives one freedom and peace of mind, among all the investment in the world Bitcoin investment is one of the best investment that gives peace of mind, when you go into a long time Bitcoin investment you don't have to fear losing your money.
Some people always have this fear of losing there money in Bitcoin investment the only way you can lose your money in Bitcoin investment is if you panic because of dip and withdraw your Bitcoin without waiting for it to hit a good price.

Some people believes Bitcoin will not hit a good price anymore and some believe Bitcoin will fall as time goes on so all this mindset causes people to panic a lot, and is very good as a newbie into Bitcoin investment to go through the history of Bitcoin and it's growth, it helps you understand how Bitcoin works and through it you will know that a dip in Bitcoin is an opportunity to accumulate more Bitcoin.

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Re: What got you interested in Bitcoin
« Reply #171 on: August 09, 2024, 04:28:18 PM »

What are the reasons that make you interested in investing in Bitcoin Apart from knowing that the price has increased every year?
Let's discuss togethers.

Bitcoin is the first asset in cryptocurrency. Bitcoin was so popular and making a lot of noise a decade ago that it is a must coin to invest in, and there are few other coins by that time, Everything was experimental back then, so holding a Bitcoin is a must if you want to explore the world of cryptocurrency, Other coins are secondary because they are alternative coins and everyone wants the original one.
I have never imagined that Bitcoin will reach this level of popularity, and it will reach a thousandfold profit.
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Re: What got you interested in Bitcoin
« Reply #171 on: August 09, 2024, 04:28:18 PM »


Offline Jamal Aezaz

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Re: What got you interested in Bitcoin
« Reply #172 on: August 09, 2024, 06:47:29 PM »
The reason why people hold more altcoins than bitcoin is because they have the belief that altcoins will provide greater profits than bitcoin, I also do that. My Bitcoin is in the main wallet, and my altcoins are in the wallet connected to the exchange because I choose altcoins for short term and medium term.

In my opinion the profit of Bitcoin is greater than altcoins and we should not just think about our profit but security and surety is also an important thing to prefer. We will choose altcoins instead of Bitcoin but who knows that the held altcoins are profitable or not so due to this doubt most of the people prefer Bitcoin for long term investment.

If a person chooses both like Bitcoin for long term investment as well as in the same time different altcoins up to the time of growth then this idea is profitable and instead of making comparison I think everyone should prefer both altcoins as well as Bitcoin so he can get money regularly some from short term and some from long term investment.
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Re: What got you interested in Bitcoin
« Reply #173 on: August 09, 2024, 07:25:07 PM »
The reason why people hold more altcoins than bitcoin is because they have the belief that altcoins will provide greater profits than bitcoin, I also do that. My Bitcoin is in the main wallet, and my altcoins are in the wallet connected to the exchange because I choose altcoins for short term and medium term.

In my opinion the profit of Bitcoin is greater than altcoins and we should not just think about our profit but security and surety is also an important thing to prefer. We will choose altcoins instead of Bitcoin but who knows that the held altcoins are profitable or not so due to this doubt most of the people prefer Bitcoin for long term investment.

If a person chooses both like Bitcoin for long term investment as well as in the same time different altcoins up to the time of growth then this idea is profitable and instead of making comparison I think everyone should prefer both altcoins as well as Bitcoin so he can get money regularly some from short term and some from long term investment.
I also do that, invest in bitcoin for the long term and altcoins for the short and medium term, I also trade for altcoins because I can get daily profits, although not much. Because trading takes time and a process, we can do it if we have the experience, expertise and time to do it.

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Re: What got you interested in Bitcoin
« Reply #174 on: August 14, 2024, 11:22:40 PM »
This is a crypto forum and it's true that many holds altcoins instead of Bitcoin. But if you know someone personally then you'd ask if they're holding Bitcoin, it's best to keep your mouth shut as you want to make yourself safe from such. Not all the people that you tell that you own Btc is happy about you. But anyway, I hold a few, not a lot, and might be part of the shrimps organization community. I'm interested to hold it because of the early thoughts about it being the future.
The reason why people hold more altcoins than bitcoin is because they have the belief that altcoins will provide greater profits than bitcoin, I also do that. My Bitcoin is in the main wallet, and my altcoins are in the wallet connected to the exchange because I choose altcoins for short term and medium term.
The idea that altcoin will provide greater profits than Bitcoin has led many people to experience huge losses from their altcoin investment. Most of the loss investment, people complain mostly in the crypto market, are from altcoin. People refuse to learn that investing in altcoin comes with many risks and that you can be profitable in some or lose to others. However, it is not a bad move for someone to want huge profits in the crypto market,  but let it be done with some level of intelligence that you have your portfolio to be made of  Bitcoin rather than altcoin.

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Re: What got you interested in Bitcoin
« Reply #175 on: August 15, 2024, 05:49:21 AM »
This is a crypto forum and it's true that many holds altcoins instead of Bitcoin. But if you know someone personally then you'd ask if they're holding Bitcoin, it's best to keep your mouth shut as you want to make yourself safe from such. Not all the people that you tell that you own Btc is happy about you. But anyway, I hold a few, not a lot, and might be part of the shrimps organization community. I'm interested to hold it because of the early thoughts about it being the future.
The reason why people hold more altcoins than bitcoin is because they have the belief that altcoins will provide greater profits than bitcoin, I also do that. My Bitcoin is in the main wallet, and my altcoins are in the wallet connected to the exchange because I choose altcoins for short term and medium term.
The idea that altcoin will provide greater profits than Bitcoin has led many people to experience huge losses from their altcoin investment. Most of the loss investment, people complain mostly in the crypto market, are from altcoin. People refuse to learn that investing in altcoin comes with many risks and that you can be profitable in some or lose to others. However, it is not a bad move for someone to want huge profits in the crypto market,  but let it be done with some level of intelligence that you have your portfolio to be made of  Bitcoin rather than altcoin.

big profits of course with greater risks, if you want to be safe choose bitcoin but if you want to get bigger profits we can invest in altcoin. but buy at the right time, because investment must buy and sell coins at the right time. most people experience losses in investing in altcoin because their entry and exit are not right.
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Re: What got you interested in Bitcoin
« Reply #176 on: August 15, 2024, 08:39:12 AM »
When I came to the market, I was never really interested in bitcoin as an investment tool and for trading, I never had bitcoin for long-term investments because I am ready to spend time on analysis. There are no others to get a larger requirement, I just buy it, holding bitcoin. But if you are a lazy person and do not want to do analytics and analysis of other Crypto projects, you and all bitcoins just hold it and certain prices.

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Re: What got you interested in Bitcoin
« Reply #177 on: August 15, 2024, 11:09:25 AM »
When I came to the market, I was never really interested in bitcoin as an investment tool and for trading, I never had bitcoin for long-term investments because I am ready to spend time on analysis. There are no others to get a larger requirement, I just buy it, holding bitcoin. But if you are a lazy person and do not want to do analytics and analysis of other Crypto projects, you and all bitcoins just hold it and certain prices.

Ever since I entered this crypto market, I have been most greedy for Bitcoin. So today bitcoin has brought me the highest success, I usually invest bitcoin in 2023 and that was investing in deep market. So it's only been 14-15 months since I got the maximum benefit, and still I'm buying bitcoins following the DCA method.  So my portfolio has grown a lot and I am more optimistic to continue my investment for a long time.
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Re: What got you interested in Bitcoin
« Reply #178 on: August 15, 2024, 11:19:32 AM »
Do all members on this forum have assets in the form of Bitcoin?
There is no reason that everyone who knows about Bitcoin should have Bitcoin. Maybe there are many people who know a lot about Bitcoin but because of bad financial condition they cannot save Bitcoin. They will probably hold Bitcoin when they are financially strong. I have some bitcoins that I can afford to hold onto

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What are the reasons that make you interested in investing in Bitcoin Apart from knowing that the price has increased every year?
My interest in investing in Bitcoin is because I know Bitcoin gives us financial freedom. And at the same time being very volatile one can generate a lot of revenue by investing here. We know how Bitcoin prices have been in the past and where they are now.  Knowing these will no doubt make everyone interested in investing in Bitcoin.

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Re: What got you interested in Bitcoin
« Reply #179 on: August 15, 2024, 12:43:29 PM »
There is no reason that everyone who knows about Bitcoin should have Bitcoin. Maybe there are many people who know a lot about Bitcoin but because of bad financial condition they cannot save Bitcoin. They will probably hold Bitcoin when they are financially strong. I have some bitcoins that I can afford to hold onto

I mean, you're literally on the altcoinstalk forum. Of course 99% of the people here are already holding Bitcoin or some other coin. This forum is quite small so the chances of you encountering a no-coiner are quite small.
« Last Edit: August 15, 2024, 12:46:33 PM by NotATether »
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