Quote from: Alone055 on Today at 12:07:27 PM

Quote from: fikrett on October 31, 2024, 10:52:57 AM

Bitcoin is not volatile..I didn't read further, fren Grin

What would be volatile for you?

He probably messed it up mistakenly because based on his whole post, he probably was trying to say that Bitcoin is volatile and not a stablecoin which is why it can be a dangerous investment. That's what most people think about Bitcoin, but if you ask me, I don't find Bitcoin to be "dangerous" because that word is a bit too much.

It has its risks, there is no doubt about that, but if we look at its history, we realize that whoever has invested in Bitcoin at any time in the past could get at least some profit from their investment unless they had sold their assets instead of holding them patiently. Bitcoin is a long-term investment asset, and it's all about patience. You can get some profit if you buy and hold until the price goes above the price where you bought even if it crashes temporarily.

Mostly, only those who sell their Bitcoin out of fear are the ones who lose money, those who hold tend to become profitable, sooner or later.

Let's say it like this - BTC is the most stable out there amongst the ocean of coins and alts, big and small.
Others can't provide as much credibility and faith as the BTC does, for everybody involved.