Post
Topic
Board Bitcoin Discussion
Re: Knowledge vs hodlings
by
Fuso.hp
on 16/10/2023, 05:15:04 UTC
It's true that they're riskier than Bitcoin. We hold Bitcoin and invest some if you want to but you have no idea if they're going to make it when the bull run is in.
Bitcoin is more appropriate for most and that's why if you ever want to have a safe and secured investment, Bitcoin is the choice.
I do not believe in holding any altcoins, they are not not meant for holding just for a quick profit. In order to gain profits from altcoin you just have to buy at there first stage of presales or private sales and sell immediately or few days of the listing, if not the price will automatically dump leaving you with little or non of your capital. The earlier you sell your altcoins the better your chance of making good profits.
Where else, Bitcoin can be bought at any time and any price because it will definitely not run into loss forgetting the volatile nature price must surely bounce back and give good profits to Bitcoin owners only for those who is in for the long run
All the people who have been scammed so far have been scammed by investing in ALT coins. To this day I don't think anyone has ever mentioned that they got scammed by investing in Bitcoin because nobody would ever get scammed by investing in Bitcoin. Bitcoin is one of the most trusted digital currencies in the world. How do we rely on ALT coins instead of Bitcoin where Bitcoin is supposed to replace the dollar? We think investing in alt coins will make us rich quick but we never think before investing whether we will get our capital back by investing in ALT coins. Where capital recovery is concerned, how do we think about making quick profits?
For those of you who have not been scammed by investing in ALT coins and are still holding on to your ALT coin investments, I would like to tell you to sell your ALT coin investments as soon as possible and invest that money and hold it for a long time for sure. You can create a great opportunity to earn money in the future.