Post
Topic
Board Beginners & Help
Merits 1 from 1 user
Re: Don't invest money you can't afford to lose out of greed.
by
Huppercase
on 23/04/2023, 19:55:11 UTC
⭐ Merited by Merit.s (1)
Bitcoin is the only crypto coin who has survived more than a decade and obviously, that’s what made it more reputable and reliable compared to majority of altcoins that are eventually losing their value after a year or two of existence. So if you want to take the risk when investing, just stick to bitcoin and never be tempted to trust altcoins especially with their too good to be true promised goals. Altcoins may be profitable at first but it’s only bitcoin who will give you consistent profits throughout the years.

I believe what distinguishes Bitcoin from other Layer 1 blockchains is the absence of other tokens like Ethereum. When you examine Ethereum's performance, you will see that it has developed significantly in the same way that Bitcoin has over time, but it is constantly experiencing setbacks due to the tokens in its ecosystem, and what happens most frequently is that investors are duped by those small projects, either by rug pull or sell off by the team, and the trust is no longer there with the investors in the Ethereum chain, anuything that Bitcoin currently has, I believe Ethereum also has it.