Quote from: Odohu on February 08, 2025, 09:51:10 AM

Quote from: OfficialGratejoy on February 06, 2025, 11:14:23 AM

Let me just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.

I don't know what to make of this post but the truth is that Bitcoin is the pioneer cryptocurrency and have remained an upward trend with minor corrections once in a while. Volatility is not only reserved for Bitcoin because everything that has buying and selling is volatile because of speculators. If you think Bitcoin is volatile, that is because you have not tried trading some memcoins that can move thousands of pips within an hour and God help you if you find yourself in the wrong side of the market.

Bitcoin is always the first choice when it comes to crypto investments because it is the only coin that always reduces your risk compared to other coins. If you have studied cryptocurrency, you will know that Bitcoin is the best to invest in and get a better profit in the long run when the market goes well. You can get profit on other shicoins, but they are very risky and you can lose your funds immediately if they fail, because they are unpredictable and you never know when they will increase or decrease, but if you are a risk taker, you can learn more about other coins and invest and profit. However, no one will encourage you to invest in shicoin unless you want to lose money And telling you to risk. but when you are familiar with crypto you will definitely know which type of coin you will deal with.

My opinion is that if you do not like risk, you should stick with bitcoin and invest for the long term, and you will profit from it. However, if you are experienced with cryptocurrency, you will know what to do because it is beneficial to have many experiences rather than focusing solely on one coin. However, it depends on how you operate in the cryptocurrency market.