Quote from: Tony116 on August 18, 2022, 04:18:17 PM

Quote from: JohnBitCo on August 18, 2022, 03:53:53 PM

Quote from: ANSEL_2.0 on August 17, 2022, 10:26:51 AM

There are many in this space that never invested in BTC and they made the best gains in Altcoin mate, with good strategy you are good to go,

This is true but do you know that also because of these altcoins people have lost a lot of money?

I know people who bought altcoins in the bull season and their portfolio went to almost zero in the bear season and many people sell altcoins because of fear and panic.

That's right, I also know a lot of people who never invest in bitcoin because they think bitcoin has gone too high to give them the desired return. They look to altcoins to fulfill that dream, there are people who get rich from altcoins but there are also people who are empty-handed with altcoins, the risk of altcoins is too high compared to bitcoin. And the number of people who gain is very small compared to the number of people who lose.

I think that those that worry about the price of bitcoin being too high are only thinking on the short term profits they can get and they cannot see the long term potential of bitcoin, for years we have been hearing that the price of bitcoin is already too high and it keeps growing despite all of those comments.

If you take the time to look at the comments made years ago in the forum there were people that sold their bitcoins as soon as bitcoin touched the dollar parity, as they thought it was impossible fro the price to go that much higher, and look at how wrong they were.