Quote from: Alucard1 on Today at 05:52:24 AM

It seem like you really hate cryptocurrency based on saying that all crypto is a scam if this is a scam then why you are still in this community? maybe you are just bitter because of the big dip of bitcoin, do you buy at the top? then just hold it, you will really lose your money if you will sell it with this current value, the market is still going strong even this decline happened so why you keep telling that this is a scam. Scammers are always there even in fiat currency, they will really try to do some ways to gain money from other people from fooling.

Not trying to cause FUD or anything but logically I have to agree with the OP on this once.

First, stocks, gold, and fiat are all backed by something (stocks are backed by ownership in a company, fiat is backed by the government's promise that it has value, and gold is a commodity that is accepted worldwide.) What are cryptocurrencies backed with? Oh that's right, just numbers (0's and 1's.)

Second, Cryptocurrencies are extremely volatile, not to mention the Satoshi Nakamto is still unknown (something is fishy here.)

Finally, I think the best time to invest is when no one knows about it (something good is about to happen.) If every one knows about it then the gain advantage is over. I'll give a simple example, if you know that X company is about to make something that will change the world, and no one still knows the news then investing now would probably give you tremendous returns. However, when every one knows about it that huge advantage return is lost. The same is happening with BTC. If you invested before 2021 (before cryptocurrencies became hot topic) then yes you would've easily made those 10x returns. Now that big institutions joined the train, Crypto became a hot topic, and almost every one knoews about it, it would be too late to enter the market and invest in it and I would recommend you invest in something else (where no one else knows too much about what is about to happen.)

I think BTC will collapse 10 years down the road, and the reason why it's price is going up recently is to attract as much as possible before total collapse.

Just my thought on BTC. You can take my advise or leave it. The choice is your.