Quote from: CroverNo01 on September 11, 2024, 06:47:37 PM

Quote from: bananahunter67 on September 11, 2024, 01:03:17 PM

Let's face it you can't get rich from buying and holding bitcoin. 10-15 years ago yes but not now. That's why people opt for altcoins.

Buying bitcoin currently, more like running at a loss because the market is filled with high tension of volatility which is not good for the system. 10-15 years ago, bitcoin was valued low and gives opportunities for people to bagged it in huge quantities but most people underestimate the project, because crypto was yet to break through into the limelight. Forward to today, Bitcoin is important for the pressing survival of most investors, probably referring to the longterm bitcoin holders, they're eating the fruits of their hard earned labor. Hence, Only the strong survives in the space, it's either you go hard or go home. Getting rich from bitcoin would be possible if we're holding on bitcoin during the bear season, I know it's been really a rough one for vast majority of these traders. Altocins are one of the basics of cryptocurrency and the presence of altcoin sectors generates more traffic and brings about popularity.

It becomes ridiculous when buying bitcoin is considered a loss because of its large volatility, then what is suggested against altcoins that makes sense? precisely when talking about risk we must realize that the situation of being in bitcoin and altcoin is certainly different and altcoin is clearly more risky than altcoin.

Come on we don't need to look back 10 years or 14 years ago where bitcoin was just created because in the end it is useless and we will not be able to feel that (buying bitcoin at pennies back) but in the end we can still focus on continuing this for the remaining benefits.
Bitcoin is still being stored and the supply is still there and it's still quite a while before it runs out so the price of bitcoin is still possible to be higher if you look at the progress and process that has happened in the last decade. We just need to recreate that with the belief that the price of bitcoin can be even higher than now because in the end referring to regrets in the past but not having the desire to change for the better in the future is just a stupid situation and forever you will not be able to get any profit from bitcoin.