Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
Fara Chan
on 25/11/2023, 08:00:45 UTC
Bitcoin is always the best, because those who are modern today are ready to use Bitcoin. Bitcoin is the only long-term investment possible, but other Altcoins are not. Because I have seen thousands of Altcoins still disappearing from the market. So for long-term investment, definitely support Bitcoin.
This has been very clear for a long time, mate, there are even thousands of altcoins that have died and disappeared from the market, so this has made Bitcoin a very clear investment direction and also very profitable because it will not experience bad things like what happened to you. There are many altcoins and other shitcoins in the market.

Quote
You can never survive investing with Altcoins. Altcoins are not long-term holdings because the altcoin market is always bearish. Investing in Altcoins always has a high chance of losing 100% of your wealth. Among them are coins like FTX, Luna and many others that have completely disappeared from the market. And the wealth of thousands of people has turned into zero balance. So it is better to stay away from Altcoin investment.
That's true and sometimes some people only use altcoins to increase the amount of Bitcoin they have in their wallet because some people are already happy with Bitcoin and are also happy with Bitcoin investments. Then the profits from other things from the crypto market will be turned back into Bitcoin so that the amount of investment will also increase over time, so we also have to have ways to utilize less useful things like altcoins in order to increase the actual goals we want.