Post
Topic
Board Nigeria (Naija)
Re: Bitcoin still remain my choice.
by
odunybiz
on 01/04/2025, 23:40:56 UTC
Bitcoin is volatile just like every other coin and token out their infact its even more volatile than some Altcoins out their same way that some are also more volatile than Bitcoin, what makes it different is the fact that it can recover from every fall that it experience it have overcome a lot and have proven its self over the years which have made people to have trust on it, not like some other coins which if they fall today you can’t predict when next they will see green market again.
Bitcoin remain the choice for almost all crypto holders. Just that some people put their money on altcoin because of the huge profit they think they could achieve if the altcoin later do well.  Although Bitcoin price remain high and can't give you even 5x as some may expected but it much more better as their is always a chance to recover after great dip.
The reason why some people fall victim of rugpull is because of their desire to buy coins that can give them 5X and above in a short period of time and believe me their are lot of such project being promoted on the internet which most of them are just pump and dump token, it’s not as if bitcoin can make X5 but it will take years before we can reach that level because of the price we are already such height might be considered very expensive to be reached on a short period.

They run after coin that they think will do 5x in a short period of time but end up losing their money. It is far better to invest and wait for some year than losing money on fake projects. This days projects are over-hyped to trap newbies so they can invest.