So from our discussion I got to find out that most person are avoiding bitcoin because it is not as volatile as shitcoins within a small duration of time. Well that's correct amd but not logically sound because they are comparing a long term project to a short term rug project which have lead several persons to an addictive state of chasing losses after being rugged.
It is not a shocking discovery because if you ask almost all alt coin investors they will simply not give you any utility value of the coin they are buying or holding. This is the reason why upon the rugs in memecoin trading many people are still buying memecoins. They have this belief that one of their buys will possibly do a 100x one day and help them get rich quick, without them knowing that this amount wasted on this shitcoins can be used for a very good start of bitcoin investment.
Holders who like shitcoins and invest quietly will have the opposite benefit -100 percent, in which case they are most likely to lose all their money. I think there are no fools like those who invest in shitcoins these days.
[/quote]
Many today are into cryptocurrency just to get rich quick that’s why we see many still losing money to pump and dump coins. Yes bitcoin cannot guarantee anyone 10x over a short period of time, but bitcoin is the safest investment where like 2x is almost assured every four years not just in cryptocurrency space but on any digital asset space. Bitcoin has proven that every four cycle can be a turning point.
[/quote]
Bitcoin is reliable, holding it for a long time is the most likely to get more benefits, those who invested in Bitcoin before this bull market (2-3 months) have had the most success. You can also notice that those who participated in Bitcoin investment in the past have benefited the most, those who invested according to the DCA method have had better success.
In the long term, it is possible to get the most success in Bitcoin investment alone, but you have to stick to Bitcoin investment for a long time. You notice that if you invest $ 50 every week, you can deposit $ 2600 at the end of the year, and if the benefit of $ 2600 is 2 to 3 times, you will get more success if you hold it for a few years. Now you will prove to yourself that Bitcoin is the only reliable coin where success is possible only by investing in the long term.