Quote from: CageMabok on Today at 11:38:58 AM

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

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

There is one question for you in this regard, are you talking about Bitcoin investment or investment in altcoin? Because for long term investment, it is certainly better to rely on Bitcoin and it has been proven through the value and price of Bitcoin itself since Bitcoin was created until now. You can see the Bitcoin price candle every year since Bitcoin has been in the market to find out the price level of Bitcoin that has ever happened to it every year because this year Bitcoin has also printed an all-time high price when Bitcoin was in the range of $109K and more.

I just want to make a minor correction which is the fact that we have not achieved a new all time high this year but the ATH of Bitcoin was created 17th December 2024 when Bitcoin hit the price of $108,380. Perhaps you have forgotten that we have entered a new year which is 2025 and no longer in 2024.. It may happen that you are rather looking at the price in market cycle rather than the year we actually are in.

Quote from: CageMabok on Today at 11:38:58 AM

As for the risk in investing, there is indeed, but every investor does not need to be too afraid of it as long as their investment goal is for the long term through Bitcoin. So making regular purchases on Bitcoin should still be considered a very good move for everyone even though they must still understand the risks. But for altcoins I can't give a picture because there are currently so many altcoins in the market that it is still necessary to select them more deeply when you want to choose them for anything.

There is nothing that does not have underlying risk including Bitcoin but the risk associated with Bitcoin is greatly minimize when the investment is made with long term plans factored in. In other words, Bitcoin is less risky when held for a long period of time, hence the need we buy Bitcoin bearing in mind that we must only invest what we can afford to keep in Bitcoin for a long period of time without feeling the pressure to sell.

I do not agree with you that spending time to select altcoins aka shitcoins takes away the risk associated with them. Shitcoins are generally risky and not something I will recommend for anyone. The danger of holding your type of opinion is that it gives the impression that there is a way of selecting shitcoins that makes it safe. This can embolden people to venture into such waste of time which will cost them their money and peace of mind at the end of the day. Bitcoin is the way to go and the early we learn to appreciate Bitcoin and give it 100% of our time and investment resources, the better.