Quote from: moneystery on January 30, 2024, 11:59:17 PM

Quote from: riqo on November 18, 2022, 07:41:32 PM

The way I see it, all bullshit token and coin abandons are done for this one reason; they only have one purpose which I will explain better...
We saw Luna and FTT are made for a reason which is to support those companies themselves, the day these companies drop their token or their currency will drop too.

That's why for me bitcoin is perfection because this previous one is multipurpose and its foundation is to avoid intermediaries there are no companies managing it, we will not be able to match satoshi due to the price drop(thats a clever move for him to stay behind the scenes).

Because we know that satoshi does not depend on a company to reinforce bitcoin.
And with this I finish all the currencies are a scam(meaning that the price can disappear) for me, personally the legit ones they are btc and tether.

What do you think?

i support you, bitcoin is one of the crypto assets that every investor must have, but those who hold bitcoin must have good knowledge of the history of bitcoin so that potential losses can be minimized.

many economists say that diversifying assets into several will reduce the level of losses, but in my opinion, in the crypto market, it is difficult because only a few assets are worth buying, the rest are just trash tokens, most of which make investors lose because their value only rises based on hype, not real use.

Bitcoin support is a discipline, not a hobby. Knowing its history is essential. Knowledge alone isn't enough. It's the application that counts. You mention limiting losses? Exactly. But it's not simply holding - it's understanding. A firm grasp of business, technology, and, yes, hype

You say diversification? Right, risk management knowledge from the past. This is where we differ from traditional economists. Crypto is about deliberate choices, not broad coverage. Most tokens are hype-driven and worthless. But ignoring the market? We need a reality check there. Gems are concealed among rubble. Discrimination, seeing potential beyond the hoopla, is crucial. Always with Bitcoin as the anchor