Quote from: serjent05 on December 19, 2022, 10:57:09 PM

Quote from: romero121 on December 19, 2022, 10:21:49 PM

Quote from: Questat on December 19, 2022, 09:57:03 PM

Quote from: Ojima-ojo on December 14, 2022, 11:32:31 AM

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So in conclusion: Bitcoin is the blanket cover for what cryptcucrency and digital currency stand for and only those that hold Bitcoin should be seen as the smart people, not those holding and gambling with shitcoins.

You can be right but many people don't just look for a long-term investment instead, they are looking for instant profit which sends them to investing shitcoins or hypes projects who promise them huge rewards. It is actually mind-changing, a huge offer could divert their minds and neglected to see the most reliable coin Bitcoin. I can't blame them either as it was their choice but for sure, they will realize their wrongdoings after suffering losses and then invest in Bitcoin.

Long term profiting is much connected with bitcoin. The market hype with bitcoin too happens often, but most of the time those are traps. With cryptocurrency, we need to have the patience and the right investment strategy followed. Even now the distribution between users can be seen as the belief over cryptocurrency keeps getting stronger with time.

I agree, Bitcoin had been proven that its market will give its investors a good profit in the long run. Even those who had entered on the peak price, Bitcoin often breaks the peak price a year after the halving so there is a chance for these peak price investors to even profit if they just hold their Bitcoins and wait for the market to rally to break the ATH again.

Yes, those who invest in Bitcoin to make money are long-term holders, and the big cycle of Bitcoin is also suitable for long-term holding.
It is difficult for people who have not gone through several bull-bear conversions to have such awareness.