Quote from: Pi-network314159 on Today at 04:31:16 AM

Quote from: Makus on April 26, 2025, 07:43:49 PM

Quote from: Churchillvv on April 26, 2025, 07:14:24 PM

Quote from: JayJuanGee on April 26, 2025, 02:10:49 AM

And yeah bitcoin is volatile and it is not guaranteed to go up, yet it seems that at the same time it is amongst the best of places (if not the best of places) to be putting value for a large number of people around the world in terms of whatever that they are able to save up for a couple of cycles or longer.. then it is likely that their purchasing power is going to be better preserved by keeping the value in bitcoin as compared with any other place that it can be kept.

Of course nothing is guaranteed yet bitcoin is much more compared to every other asset, looking at the past of bitcoin and how well it has performed there is no much asset that is better than bitcoin for a long term investment even though there are other forms of investment that might be profitable yet bitcoin seems to be out performing them. Bitcoin as a store of value is one of the most underrated by low coiners or no coiners for the mere fact that it's volatile whereas it's volatile nature is one of the most adorable features that it has as it creates more opportunities for one to buy at a cheaper price.

Indeed bitcoin has out performed every other project including shitcoins. Etheruem which is known as the king of altcoins/shitprojects is gonna be a decade old by July yet it's price value is nothing compared to the price of Bitcoin when it was a decade old.

Actually Bitcoin has outperform other online investment including. Ethereum on its own is just an altcoin just like any other altcoin aside Bitcoin. but reffearing it as king of altcoin is a bit problematic to me, because its not a king. Bitcoin remain the king of the jungle.

Quote from: Makus on April 26, 2025, 07:43:49 PM

There are several factors proving that there are no second best when it comes to bitcoin so I wonder why people think of diversifing their investment if not for the sake of gambling.

The fact remain that no one will like to gamble their fund into something that wouldn't yield profit in a long term. The only reason that make people to diversify into shitcoin and hoping to get a reasonable amount in return is because they lack the understanding and knowledge on how the market works, and the difference between Bitcoin and altcoin or shitcoin. People usually thinks that shitcoin will be like Bitcoin one day. I don't blame them because they are ignorant of the fact that no altcoin can be like Bitcoin.
I was a victim of this but now I know better. if only they can understand that Bitcoin is limited in supply and it has higher number of investors who keep on adding liquidity to it and it's market cap is high on like other sort of shitcoin that will pump and everyone will sell and dump the market and rugpul it. Bitcoin is trusted and reliable and everyone can put their money and feel relaxed without fear of losing their fund because they know Bitcoin can never dump like shitcoin.

Diversification of your investments into shitcoins in this era is a waste of energy. Most shitcoins don't even survive few hours stake and you're already running at loss. When you are rightly informed, your attitude towards bitcoin and shitcoins would be clearly established. Anyone who seeks knowledge before investing would understand that it's only bitcoin that should be trusted no matter how the market behaviour looks like today. A limited asset would never run to dust at any point even after exhaustion of the total possible coins. If it's not bitcoin, it's real estate and that's the proper plan in this Morden world where wealth is sacrosanct.