Quote from: BitBakerr1 on Today at 01:51:09 AM

Quote from: Zaguru12 on January 31, 2025, 11:06:56 PM

Quote from: Cryptoprincess101 on January 31, 2025, 10:01:45 PM

If @Callido actually said and i quote that bitcoin might not give enough returns that means he is invariably trying to tell us to invest in some fucking shitcoins but what i see from the explanation he is trying to give, i feel he is a bit confused or don't know how to place words accurately in order to pass the rightful information he wish to give. That not withstanding, i am still thinking of the shitcoin that one can probably think of diversifying into that will yeild enough returns as @Callido said, lol. The summary of everything is just that he sounds contradictory, confused and can't use words accurately to butress a point. lol

I wouldn’t disagree that bitcoin will not give someone the huge returns that most people expect it to actually give them. Yes bitcoin is volatile but the volatility is not that high like we have in other coins, bitcoin cannot move 10x in a short period of time like what some investors will want. Bitcoin volatility is actually very significant and profitable when it is invested in for a longer time. Bitcoin returns are not insignificant but rather more profitable take for example the amount of pump bitcoin did from 2022 till today, it is almost 7x and that to me is profitable enough.

For diversification I am one of those who is always against the idea of the investing into other Altcoins and tagging them as diversification because they are not due to their pump and dump schemes, with bitcoin at least after a long period of time the profit is guaranteed but it is not with most Altcoins

We are really not 100 % sure that our Bitcoin investment will bring profit because there's still a little bit of risk involved in Bitcoin investment whether long-term investment or short-term investment, so therefore I agree that bitcoin may not give someone the huge returns that most people expect it to actually give them.

Surely even if Bitcoin is a risky investment it can't be compared with some alt/shitcoins. there is a high tendency to make profit, because from the past record of those who have invested in Bitcoin shows that everyone who baugh Bitcoin 10years ago above or below and Hodl, has made alot of profit. There hasn't been a record of anyone who invested in Bitcoin and Hodl for long without making profit in the long run. Except for those who where skeptical due to the dip in Bitcoin price which made them to sell their Bitcoin lesser than they bought, are the only ones who will say that Bitcoin is risky. And that is their fault because they where not patient
Let say a person baugh Bitcoin $69k and Bitcoin dips to $30k, due to fear of missing out sand the person sold it and Bitcoin later recover to $69k, such person will label Bitcoin as a risky investment and that is as a result of not being patient. So when ever we talk about Bitcoin being risky we should look at the person in question because it could be that such person is a trader who may have lost severaly on Bitcoin trade or a FOMOer.

Quote from: BitBakerr1 on Today at 01:51:09 AM

There's high risk involve in investing in Altcoin and should be avoided a lot of it are even scam created to manipulate people.

The averall risk resides on altcoin and not Bitcoin. Good you know that a lot of them are scam. In my own review a lot is an understatement but I would say %99 are scam.