What got you interested in Bitcoin

[summonerrk]

In fact, the first cryptocurrency has so many advantages that everyone will find attractive aspects for themselves.

That's one great thing about BTC, it has many use cases, it can be used as a payment option, store of value, hedge against inflation, speculation asset, etc. It is a free currency, censorship resistant and permissionless, so anyone can use it for whatever reason they want. So many people found out about BTC because they were looking for a way to make money, but when they found out about BTC, they discovered that it was more than just that.

Therefore, it is difficult to overestimate Bitcoin. And no matter how many good words have been said about it, the coolest thing is when I myself was convinced of its usefulness in practice. In the country where I live, banks stopped sending money transfers abroad, and I needed to help a sick friend. And only thanks to Bitcoin did I do it.

[MrSpasybo]

It is a good idea to focus on the long term holding if you don't have much free time for trading. If we hold the coins for the long term, we don't need to analyze and monitor the market everyday. It is different when we do trading, specifically if we do daytrading. If we do this, we need to analyze and monitor the market progress every day. We will take the profits daily, so we can't choose the coins that slowly increasing the prices. But if we choose a long term holding, we may take profits after we are holding the coins for few years. So, we can ignore the price changes temporarily.

For long-term investment in the crypto market, BTC is indeed the most worthwhile asset for investors as its value is continuously strengthened and increases over time, something that most ALTS cannot achieve. After choosing BTC, investors can focus on other aspects of their real lives or continue DCA and wait for opportunities to take profits during the bullrun instead of worrying too much about market fluctuations. Even though many ALTS may fail and disappear, BTC will exist until the end of the crypto market.

BTC very good liquidity is also a concern for investors. In the distribution zone, we often see whales selling ALTS for BTC and then selling BTC for USDT to take profits. Therefore, when having large capital, investors often choose BTC so that they can liquidate whenever necessary without fear of excessive slippage.

[Metha Wulandarin]

Bitcoin investment is a very easy one, all you need is to have the basic knowledge about Bitcoin investment and then you choose the kind of strategy you want to use in your investment, starting a Bitcoin investment don't need a huge amount of money one can start with the little he or she has, and that is why Bitcoin investment is very good one don't need to be very wealthy before engaging in Bitcoin investment.

Yes, that's right, everyone can invest in Bitcoin, the important thing is to have money to buy it, but even so, not everyone can buy Bitcoin or other coins, only people who understand crypto are interested in Bitcoin.

[Dr.Bitcoin_Strange]

Yes, that's right, everyone can invest in Bitcoin, the important thing is to have money to buy it, but even so, not everyone can buy Bitcoin or other coins, only people who understand crypto are interested in Bitcoin.

Yes, this is because,  it's one thing to buy bitcoin and it's another thing to know the right strategies to employ to avoid unnecessary losses, well except you're only buying bitcoin for the payment or purchase purposes or to make easy and cheap international transfers, but if it's for investment purpose, then it takes a person with a good knowledge of the market and one who really understands the ins and outs of the crypto market, else you may end up incurring unnecessary losses to yourself. Sometimes even those who have knowledge of the market could still end up with losses, which shows that no one is immune to losses when it comes to crypto investment because of the volatile nature of the market, so in order to play safe, one must only invest what he can afford to lose, so that when the losses come, it wouldn't have much impact on him.

[nakmantu99]

Bitcoin investment is a very easy one, all you need is to have the basic knowledge about Bitcoin investment and then you choose the kind of strategy you want to use in your investment, starting a Bitcoin investment don't need a huge amount of money one can start with the little he or she has, and that is why Bitcoin investment is very good one don't need to be very wealthy before engaging in Bitcoin investment.

Yes, that's right, everyone can invest in Bitcoin, the important thing is to have money to buy it, but even so, not everyone can buy Bitcoin or other coins, only people who understand crypto are interested in Bitcoin.

[UNIVERSE]

For long-term investment in the crypto market, BTC is indeed the most worthwhile asset for investors as its value is continuously strengthened and increases over time, something that most ALTS cannot achieve. After choosing BTC, investors can focus on other aspects of their real lives or continue DCA and wait for opportunities to take profits during the bullrun instead of worrying too much about market fluctuations. Even though many ALTS may fail and disappear, BTC will exist until the end of the crypto market.

Indeed. Bitcoin price keep growing, it is because Bitcoin is very recommended. When there are altcoins that never reached their ATH again but Bitcoin always proves to reach ATH in every bullrun season. Investors will always focus on collecting more Bitcoin with DCA. For altcoins, it will be the next target, people buy altcoins after they buy enough Bitcoin. So far, Bitcoin is the safest one, I'm not surprised if there are people who only invest in Bitcoin. But I personally buy altcoins, too. I think it is good to have altcoins because it also has a potential to gain huge profits.

[doc]

For long-term investment in the crypto market, BTC is indeed the most worthwhile asset for investors as its value is continuously strengthened and increases over time, something that most ALTS cannot achieve. After choosing BTC, investors can focus on other aspects of their real lives or continue DCA and wait for opportunities to take profits during the bullrun instead of worrying too much about market fluctuations. Even though many ALTS may fail and disappear, BTC will exist until the end of the crypto market.

Indeed. Bitcoin price keep growing, it is because Bitcoin is very recommended. When there are altcoins that never reached their ATH again but Bitcoin always proves to reach ATH in every bullrun season. Investors will always focus on collecting more Bitcoin with DCA. For altcoins, it will be the next target, people buy altcoins after they buy enough Bitcoin. So far, Bitcoin is the safest one, I'm not surprised if there are people who only invest in Bitcoin. But I personally buy altcoins, too. I think it is good to have altcoins because it also has a potential to gain huge profits.

Same, I also invested more in bitcoin with DAC method from last year, I also bought altcoin last year and hold it until next year. Bitcoin is a safe coin to hold for long term and definitely go up while altcoin we have to do research and understand the coin so that it really has potential to go up.

[$crypto$]

For long-term investment in the crypto market, BTC is indeed the most worthwhile asset for investors as its value is continuously strengthened and increases over time, something that most ALTS cannot achieve. After choosing BTC, investors can focus on other aspects of their real lives or continue DCA and wait for opportunities to take profits during the bullrun instead of worrying too much about market fluctuations. Even though many ALTS may fail and disappear, BTC will exist until the end of the crypto market.

Indeed. Bitcoin price keep growing, it is because Bitcoin is very recommended. When there are altcoins that never reached their ATH again but Bitcoin always proves to reach ATH in every bullrun season. Investors will always focus on collecting more Bitcoin with DCA. For altcoins, it will be the next target, people buy altcoins after they buy enough Bitcoin. So far, Bitcoin is the safest one, I'm not surprised if there are people who only invest in Bitcoin. But I personally buy altcoins, too. I think it is good to have altcoins because it also has a potential to gain huge profits.

There is no doubt that bitcoin is the best asset to invest in the long term. Bitcoin has been proven to always reach ATH every time the bull market comes. So bitcoin for me will always be the top priority.

Altcoins are also worth investing in, but I myself prefer to take advantage in a faster time compared to bitcoin. Everyone must have their own way and that is the way I usually do.

[UNIVERSE]

Same, I also invested more in bitcoin with DAC method from last year, I also bought altcoin last year and hold it until next year. Bitcoin is a safe coin to hold for long term and definitely go up while altcoin we have to do research and understand the coin so that it really has potential to go up.

Why don't you begin the DCA in 2022? But it is not very late if you begin the DCA in the last year. It is the right way to wait for the next year to sell your Bitcoin and altcoins. 2025 is predicted to be the peak of bullish season. Bitcoin is predicted to be $100k and there will be altcoin season, too. Not only you and I, every one is waiting for 2025 to sell their coins.

Altcoins are also worth investing in, but I myself prefer to take advantage in a faster time compared to bitcoin. Everyone must have their own way and that is the way I usually do.

You must know that altcoin season will come after the peak of Bitcoin. Why you don't wait for altcoin season to sell your altcoins? But you're right, each person has their own strategy and goal. As long as it is profitable enough, it is no problem to take profits earlier. It is also a safe way to avoid missing of taking profits.

[Captain Corporate]

The fact that we can make money from this by working for it is the most important thing that many people realize for the first part. I mean even here with signature campaign you are making a money, and that alone should make you interested in it. Think about it, with here and the other forum, you could make about 80 dollars a week, with 4 weeks that would be 320 dollars, that's good side income to make someone live a very good life in many poor nations. And that is only one thing we are talking about, there are million other ways to make money. I insist that making peoples lives better is the reason why people are interested in it.

[$crypto$]

Altcoins are also worth investing in, but I myself prefer to take advantage in a faster time compared to bitcoin. Everyone must have their own way and that is the way I usually do.

You must know that altcoin season will come after the peak of Bitcoin. Why you don't wait for altcoin season to sell your altcoins? But you're right, each person has their own strategy and goal. As long as it is profitable enough, it is no problem to take profits earlier. It is also a safe way to avoid missing of taking profits.

Well, usually altcoin will follow the trend of bitcoin, or at the peak of bitcoin. This is the time I use to take advantage of altcoin.

What I meant earlier was that I bought altcoin when it went down and sold when it went up, I tried to analyze where the right time was, although there were some I had to wait longer. So far that has been a good way for me to do it. Indeed, the profit is not that big, but I just try to do it consistently.

[nakmantu99]

Altcoins are also worth investing in, but I myself prefer to take advantage in a faster time compared to bitcoin. Everyone must have their own way and that is the way I usually do.

You must know that altcoin season will come after the peak of Bitcoin. Why you don't wait for altcoin season to sell your altcoins? But you're right, each person has their own strategy and goal. As long as it is profitable enough, it is no problem to take profits earlier. It is also a safe way to avoid missing of taking profits.

Well, usually altcoin will follow the trend of bitcoin, or at the peak of bitcoin. This is the time I use to take advantage of altcoin.

What I meant earlier was that I bought altcoin when it went down and sold when it went up, I tried to analyze where the right time was, although there were some I had to wait longer. So far that has been a good way for me to do it. Indeed, the profit is not that big, but I just try to do it consistently.

If you feel that the method you are doing is suitable, that is good because you can get profit from it. I also do the same thing as you, buy when it goes down and sell it when it has made a profit, although the profit is not big but we can get profit regularly.

[debra]

If you feel that the method you are doing is suitable, that is good because you can get profit from it. I also do the same thing as you, buy when it goes down and sell it when it has made a profit, although the profit is not big but we can get profit regularly.

What method? Buying when there is a big dump?
I think most of people do this, it is just a common way in crypto investment.
Sure, it is a good time to buy when there is a correction, the price of Bitcoin will be quite cheap. But we don't spend all the money, we must anticipate if there will be more dump. Sometimes, there is a further dump after a dump. Anyway, it is okay if we want to take profits when there is a big pump.

[Fivestar4everMVP]

If you feel that the method you are doing is suitable, that is good because you can get profit from it. I also do the same thing as you, buy when it goes down and sell it when it has made a profit, although the profit is not big but we can get profit regularly.

What method? Buying when there is a big dump?
I think most of people do this, it is just a common way in crypto investment.
Sure, it is a good time to buy when there is a correction, the price of Bitcoin will be quite cheap. But we don't spend all the money, we must anticipate if there will be more dump. Sometimes, there is a further dump after a dump. Anyway, it is okay if we want to take profits when there is a big pump.

Did anyone ever debate or argue on the fact whether it's good or bad to take profit when there is a big pump?, I doubt that.

Many of us know that time when CZ - the formal CEO of Binance; posted a comment on Twitter stating we cant be rich if we don't hodl, well, currently, this has been changed, many people have turned this to "if you don't take profit, you won't be rich".
This is to emphasize on the importance of taking profit in every of our crypto investments, it doesn't matter what crypto assets we are hodling, in a time when the market movements is full of uncertainties, like we have with Bitcoin and the general cryptocurrency market currently, taking profit is how we make money to stay afloat, and possibly have the resources to continually buy the deep when it presents itself.

[Tribalchief]

Did anyone ever debate or argue on the fact whether it's good or bad to take profit when there is a big pump?, I doubt that.

Many of us know that time when CZ - the formal CEO of Binance; posted a comment on Twitter stating we cant be rich if we don't hodl, well, currently, this has been changed, many people have turned this to "if you don't take profit, you won't be rich".
This is to emphasize on the importance of taking profit in every of our crypto investments, it doesn't matter what crypto assets we are hodling, in a time when the market movements is full of uncertainties, like we have with Bitcoin and the general cryptocurrency market currently, taking profit is how we make money to stay afloat, and possibly have the resources to continually buy the deep when it presents itself.

The thing with the crypto space in general is that: we all have our way of doing things. It's very true that some people are strict with their hodlings and forbid taking profits when their portfolio looks great. That's just their believe and what they think it's best for them.

Personally, if my number one aim of investing in any project is to make profit, then taking profits in any slight increase isn't a bad Idea. We must understand that opportunity sometimes presents itself once, so we shouldn't miss out. In as much as hodling a particular project is great(no one dispute that fact), we sometimes need to do the needful inorder to establish other projects as well. So i think you are right.