Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is the smart choice not the entire crypto industry
by
WatChe
on 28/12/2022, 08:40:15 UTC
...
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.

As Michael Saylor says there is bitcoin community opposite to crypto community and they both dont like eachother. My view (being a member of bitcoin community) is that there is only one decentraliozed coin aka bitcoin rest is centralzied coins, crypto or whatever you call it. There are not many success storeis of invest in shitcoins since even if you get profit at some point, you are deemed to lose it later. But if you invest in bitcoin only then with time you will learn the principles that can give you profit.