In as much as you are right in few of your expression, I dis agree with you mate, with your Short sighted way of spreading negative messages about Bitcoin by sounding so crazy in your narrative of what you think Bitcoin is, Bitcoin is one of the best if not the best when it comes to the world digital assets class and has proven beyond every reasonable dout about it's potentials from history since it's inception or invention , Bitcoin is not as risky as some people claims or proclaim but he I don't give a fuck about what you think Bitcoin is, because Bitcoin has made a significant outstanding performance, which gives you total control over your money, enabling borderless transactions, offering protection against inflation, preserving privacy, and as well creating an investment opportunity, Bitcoin is a save haven, Bitcoin is a store of value and wealth . You don't have to be dump and refused /failing to see the beauty of the potentials Bitcoin holds.
And it'll be sad if you didn't get that part, mate. Also I implied the volatility of cryptocurrency in general when I said Bitcoin can fall, and all of that. Not necessarily that it's a bad investment choice. And making the said implication, is all with regards to short term investors.
When you mention cryptocurrency in general, are you referring to bitcoin together with the other shitcoins? Why not simply use bitcoin and your points will be well understood and appreciated rather than deviating with your words which often make people think that the other shitcoins have the same validity as bitcoin? Efforts have been made by @JayJuanGee to encourage people to retain the word bitcoin in their discussion so that people do not confuse bitcoin with shitcoins that often bring bad reputation and prone to scams. So if you will be so kind, continue using bitcoin in comments and that will be just fine. It has all the attributes you are trying to explain.
but the reason why we make Bitcoin of more in this discussion is because it is our most priority and the asset we have in our individual portfolio
and all other cryptos come under Bitcoin that is why Bitcoin is taken to be a volatile asset. Our main objective here is focused on buying and hodling no matter the price of Bitcoin that is why the DCA is advisable then if there comes a dip, an investor with high source of income or that have reserved funds can choose to lump sum and still continue the DCA
Bitcoin being a high volatile asset needs time before your investment can boom to a certain height that is why anyone venturing into bitcoin need endurance and patience because it is not just about buying and selling but buying and hodling for the future because a greater fruit awaits your investment there.
Shitcoins probably doesn't have any future that is why we don't include shitcoins in this thread, we are more concerned about a guaranteed asset like Bitcoin and if we look at the growth and adoption of Bitcoin since it was introduced, we can have that feeling of safety and security of our Bitcoins as proud hodlers.
It is very important for the clarity to be made and be made vividly. However, without any assumption that everyone knows what you know, how can someone even know and understand that you are referring to Bitcoin by using such term cryptocurrency or cryptos which ever you may called it, Bitcoin is Bitcoin and cryptocurrency is cryptocurrency, that is another reason why most people spread negative messages about Bitcoin to be a very risky investment ( the truth remains Bitcoin investment is not as risky as most people may have it )by generalizing such term cryptocurrency in terms of Bitcoin and other coins where eventually they might have seen how people has been scammed on dealing with shitcoins whereas they have different principles of operation and functionalities, fuck using such vague, misleading and pretentious language, in this thread.
It's actually true that Bitcoin investment is not as risky as most people think, especially those that generalized it and put it under the term cryptocurrencies, but it's actually risky, just as any other investment, so if anyone start telling you that their is no risk attached to it, bro, he is lying to you to entice you because not only in Bitcoin, their is always a risk attached to all investment, that's why you will keeps on hearing the word, do your own research, so as to know more and what it entails and how to navigate your way around it.
Lastly, as for the alt and the shit coin, they are the real danger, and most people are not aware to the fact that they will definitely get burn by investing in them at some point, the major problem they mostly have is greed, because they only pay attention to the crazy returns, forgetting about security, and forgetting that they falls more than they rise, but anyone that cares more about security will have nothing to do with alt and shit coin, because they are actually gambling with their hard earned money to me.