Quote from: hd49728 on Today at 10:10:40 AM

Quote from: Miles2006 on Today at 09:19:52 AM

You're actually talking about trust ?

We do need trust or belief in what we invest in. The asset can be Bitcoin, altcoin or gold but we need to trust that asset before spending money. If our trust or belief comes from due diligent research and knowledge, we are intelligent investors. If trust or belief comes from words of mouth without research and knowledge, we are not intelligent investors.

Quote

I guess you're referring to cryptocurrency not bitcoin cause people who invested on some random coin never had the chance to make profit but bitcoin investment works different.

Altcoins can help us to get profit but the risk with altcoins is we hardly to secure profit. They mostly have short lifespans, not like Bitcoin and they mostly fail to recover after one bear market.

IMO proper research and followup should come before trust trust in this way is somehow in correspondence to patience .
For trust to be shown then you must be patient with what you are holding.
Coming to Altcoins, they are quite attractive but sometimes might be a trap but how do you know Huh

this why I don't trust altcoins