Quote from: letteredhub on July 22, 2024, 09:35:49 PM

Quote from: Hewlet on July 22, 2024, 08:41:57 PM

Quote from: Chiomaobi on July 22, 2024, 02:25:01 PM

Quote from: Kliss on July 22, 2024, 09:59:47 AM

Quote from: Chiomaobi on July 21, 2024, 05:11:36 PM

Well not all altcoins are shitcoins. Some of them has the potential to grow and people are still making profits by investing in them. So I will not say that altcoins are bad. Only the professionals who have deep knowledge about the market and its movement can make profit out of altcoins. Believe me or not, altcoins are all about trends and hype. Once it fades away, it is gone.

it would have been better, if Bitcoin is not classified in same category of cryptocurrencies with these Altcoins and shitcoins. Bitcoin is an Assets of its kind. They are just trying to coattail bitcoin without any real substance.

Shitcoins is shitcoins the only difference amongst them is that one can be more fucked up than another. Altcoins and shitcoins are bad choice of investment, don't be persuaded especially newbies with their juicy and unrealistic promises they offer ( quick profits). No need to look towards Altcoins and shitcoins because They lack solid fundamentals.

Sticking to bitcoin that is established and compete with other Assets is the real deal and good choice to invest in digital currency. Investing in Bitcoin is the right suggestion we encourage individuals to partake because it has proven to be worthy on investing. Individuals have made good profit and created wealth for themselves because of bitcoin potentials and resilience.

I'm not saying Bitcoin investment is not the best investment in the crypto world I'm just saying there are other good coins and some coins has been for a long time now, However since this thread is about Bitcoin investment it will be better will talk only Bitcoin investment.
Shitcoins are not good if anyone knows about the risk and still invest is fine he may lose or gain and in Investment is either you lose or win.

what then is the essence of considering an alternative investment option when you're aware of the option that's the best?

The only best way to alternate our investment is investing in other projects outside cryptocurrency, such as real estate, but in as much as an investor is considering investing in alternative cryptocurrency then in my opinion he's no more investing but gambling with his money on shitcoins. The POW of bitcoin makes it exceptional as the best crypto to hold for long and be sure of profit as you accumulate as your pocket can stash. Seeing a risk that has 99% of failing and still going into it shouldn't be articulated to be an investment but stupidity - what's the right term again: gambling!

Ok well I think I agree with what you people are saying, and truly Bitcoin is the best but let's always remember that being the best crypto currency those not mean other coin won't be good.
Bitcoin is the best and should be considered first when it comes to cryptocurrency and it should be known that other coins can also earn profit.