Quote from: Dimitri94 on July 04, 2023, 05:55:46 PM

Quote from: martinex on July 04, 2023, 08:56:24 AM

Quote from: Doan9269 on July 03, 2023, 05:28:13 PM

It will be a shame on those who thinks they can hodl altcoins for long as they do with bitcoin, many of them already fall a victim of Luna when the scam occur and to my surprise in knowing that some are still using this dip season to buy more altcoins than they have invested with bitcoin to hodl, let's watch out for more burst coming out soon before the bullrun season appears fully, while for now, you're only adviced to buy and hodl bitcoin because it's reliable and lesser in risk compared to other cryptocurrencies you could have chosen for an investment

whether in Bitcoin or any other cryptocurrency is effectively risky especially if relying solely on emotional reactions or news rumors.

Investing in cryptocurrencies is risky but there is a big difference between investing in some other coins and investing in Bitcoin. I personally think that those who invest in Bitcoin should take sound and reliable decisions for their investment. Their plans are mature enough. Investors should keep in mind that there are a large number of altcoins in cryptocurrencies, some of the coins in which the investment will never be recovered. People lose their wealth investing in different coins because of greed but I have never seen people who invest in Bitcoin and lose their wealth. Bitcoin is temporarily bearish but can recover if someone is able to hold it.

To make it more plain and clear, it's not that bitcoin investment does not have it own risk, but when compared to other cryptocurrencies, you could discover it's nothing besides the risk those ones gives, some have invested in bitcoin but make losses as the end because they never thought of adopting a particular profitable strategy to use while investing, some don't know when to enter and exit, some cannot speculate among others, but the worst encounter one could have with alts is to invest on shitcoin unknowingly, in which there are many of them in cryptocurrency today, this make it more important for us to know that bitcoin is the most reliable investment one can hodl and earn incentives over time far better than risking other cryptocurrencies for hodl.