Post
Topic
Board Bitcoin Discussion
Re: Bitcoin maximalism: good or bad?
by
Joy- maker
on 01/06/2025, 18:06:03 UTC
A lot of us are aware of the ideology Bitcoin maximalism. To put it short, a bitcoin maximalist believes that bitcoin is the one and only crypto needed. A bitcoin maximalist believes that bitcoin will be the only crypto to give you significant profit and the one that is the most useful in the real world.
Yeah I have the same believe too that bitcoin is one and only crypto needed and bitcoin is the only coin that can give us significant profits and the one that is most useful in real world. the reason why am having same believe is because bitcoin is the only coin that has proven to be a store value with potential returns, remember we are all in crypto space to make money and bitcoin is the only coin that have given us reasonable profits, when you buy and hold for a long term. And Secondly bitcoin is the most adopted coin all over the world, countries, cooperate entities and individuals are now buying bitcoin that's to tell you that bitcoin is the most useful coin in real life.


Personally, I believe that most of your portfolio should contain bitcoin but choosing a few good altcoins can't be all too bad. There could still profit in altcoins but we may just have to tread lightly. Would you consider yourself a bitcoin maximalist? Do you believe this idea to be the correct one? Is there even a correct ideology or should we just accept that we all have different strategies, preferences and goals while coexisting in the crypto industry?
you have to understand this one thing that we all have different strategies, preferences and goals while coexisting in the crypto space, everyone in crypto space have their own purpose and target of coming into the crypto space, remember some of us are here to invest in other to save up for our retirement which we are not in a hurry to take profits, advicing this kind of people to hold bitcoin and also hold some shitcoins in their portfolio is not a good advice, because shitcoins are no store of value with potential returns like bitcoin, shitcoins are not wart holding in our portfolio. While in other hand there are people who are in the space to make quick money through trading those are that should be dealing with shitcoins. So for that reason I don't