Bitcoin suggested as the coin to survice crypto crash.

[bitterguy28]

I have to disagree at some of your points, I think those who have gotten their stimulus package, they could have invested it on Bitcoin

no offense mate but are you from a third world country? if yes you would have known how bad it was during the pandemic

because during the pandemic countries who were already poor suffered even more that even stimulus packages were not enough families were hungry and some were sick and the help they were expecting from the government wasn’t even enough to actually help them which is why i wouldn’t blame it on them if they were not able to invest money they didn’t have at that time

it wasn’t like they were spending the money on unnecessary things they were spending it to pay for their bills: house bills, childcare, healthcare and many more

[libert19]

Myself also trust BTC/ETH more than any other crypto, even if these two dip, they do not affect me much, rather I always feel like it's an opportunity to buy more, though it's always a good idea to have some in  stables to take advantage of the crash.

[KingsDen]

Every period in cryptocurrency investment is an opportunity. An opportunity to either buy coins and wait for it to appreciate or an opportunity to sell the coins and take profits. Experienced crypto investors, particularly those who understand how the bitcoin market works will not panic during price dips. Rather, they will use that opportunity to accumulate more bitcoins. Those who understand Bitcoin price history should be very confident in their bitcoin investment, knowing well that no matter the price dip, bitcoin can never crash to $0.00. Those who bought bitcoin at  around $50k+ few months back are obviously smiling now that the bull season has started.

I don't let some predictions get to me, I have my investment goals which has been working perfectly for me.

[bitterguy28]

Myself also trust BTC/ETH more than any other crypto, even if these two dip, they do not affect me much, rather I always feel like it's an opportunity to buy more, though it's always a good idea to have some in  stables to take advantage of the crash.

i also see that these two biggest coins even when they dip they eventually go back up anyway unlike many altcoins that when they dip they can no longer go back up again so buying at their dip kind of feels useless but not bitcoin and ethereum even when they they dip they will not crash down they will still eventually set a new ath as we see now in this bull cycle

some will panic during a dip and be affected by the ever spreading fud but those who know better will buy at the opportunity and wait until the market goes back up to reap the rewards

[Bobcrypto]

What do you guys think? Do share your valuable input so that we can have a good discussion on this thread.

I agree that BTC always recovers but not guaranteed in how much time, some people might think that after a dump BTC recovers its value quickly, its not true maybe you are thinking now BTC has been dumped and expecting a recovery but then realize market dumps further. So never take things for granted. Because BTC and ETH are also very volatile but in the long run we know that due to the mechanism of BTC, it will increase its value in price.

Let's take a simple example the analysis says the value of 1 BTC will always be higher than the mining cost, so if the mining cost is $100k then BTC might go below $100k but not for a long time. BTC is a good choice for the long term as it recovers back and spot traders won't have to lose the funds once for all.

Yes, there is a higher possibilities of Bitcoin price recovery than the altcoins because of dominance factors, consistent demands and low market supply especially from investors (eg long term investors, Holders).
I think Bitcoin is actually the best investment on the market because of it's quick recovery potentials; it obvious that investors, traders, holders had observed this features, making it a great investments coin any day.

[Faisal2202]

Yes, there is a higher possibilities of Bitcoin price recovery than the altcoins because of dominance factors, consistent demands and low market supply especially from investors (eg long term investors, Holders).
I think Bitcoin is actually the best investment on the market because of it's quick recovery potentials; it obvious that investors, traders, holders had observed this features, making it a great investments coin any day.

You replied on a very old post, how did you end up there BTW. Well, I agree with you, as recovery in BTC is high for example we can learn from El salvador they bought at the wrong time and they waited for like 5 years and now they are making 2x profit from their buyings. Things can go wrong for short term but investment in BTC will never go waste all we need is patience like El Salvador remained patient.

If we see the histroy the price of BTC made ATH in every bear cycle and the last one was too stressing that people even the OGz were saying it won't survive but it outperformed all of our expectations. It is the best investment as it is considered as digital Gold for a reason.