Hello everyone Being in this forum and reading through the various conversations there made me very happy. I can see a lot of discussions about investing in bitcoin and the current bear market. A lot of people are making comments about the bear market, which was brought on by the crashes of some coins like FTX and Luna. I'm curious as to what sets Bitcoin apart from these other coins. Considering that it's been said that Bitcoin won't be impacted and will continue to grow, what are the key difference between the two Bitcoin and other coins?
You mixed up the name of the failure exchange and the shitcoin, it might there's an FTX token but not a coin.
You're right about what you've heard, the Bitcoin price won't impact what happens to those shitcoins. You should stick to Bitcoin, not altcoins or shitcoins which is a perfect example is LUNA, many people trust this project but now they're failures.
The second is about Bitcoin mining; what is the difference between investing in bitcoin and mining bitcoin, or are they interchangeable? If you do not wish to purchase, will you mine your own Bitcoin?
Please accept my apologies if the question appears unclear; I am very confused, which is why I ask. Thank you very much.
You can mine Bitcoin but think first about the cost and the expenses before you will own a Bitcoin, it's must own a big initial capital before you can operate mining. While on the other hand Bitcoin investing, all you need to do is to keep your wallet safe and hold it for a long period of time.