It always give me an impression that those people analyzing the market is trading Bitcoin. Since there's really no point for them to do that especially if their intention is to buy and hold Bitcoin for long term.
There's no need for us to be strategic since Bitcoin investment is easy. Maybe what they need to pay attention at first is on how they can execute DCA strategy so well so that they can apply this method on their many phase of accumulation. If they can work everything well without thinking about pumps and dumps then there's good chance that everything will be easy and they are stress free on their Bitcoin investment.
Some try to find details where there shouldn't be any - accumulating BTC properly is the most stress-free activity there can be on the market currently, other coins and stuff may be unstable and not worth it, but with BTC - it all clicks.
Bitcoin is a very nice asset no doubt but using the word stable for it, doesn't suit or define what Bitcoin is because Bitcoin is not firmly fixed I mean it is obvious that it varies with value in every second perhaps the word potential should be used in place of this stable because Bitcoin is not really or not stable ( not stable just like other coins ) but that doesn't mean one can compare shitcoin with Bitcoin, the potential is what differentiate them.
First it will be better we don't beat around the bush about Bitcoin being stable or unstable, the true fact is that Bitcoin is not stable in price, Bitcoin is very unstable and that is one good thing about Bitcoin, this unstable attitude of Bitcoin is why we still invest in Bitcoin because we believe even when a dip happens it will surely rise again, the confidence we have in that, is the reason why we are bold enough to keep accumulating and holding for long term without fear.
sotelorene I think you are confusing yourself here and that will lead to confusing newbies, shit coins are stable in nature they only have a little force of unstable coin at some weeks of it listing after that it becomes stable and stop's growing and that is why people always lose there money investing in them, but Bitcoin is just unstable and it continues being unstable and that is why investing in it is more safe than shitcoins, Bitcoin unstable nature means it will continue growing, I want all newbies to understand this.
SuperBitman I think you are the one that is confuse and trying to mislead people here not Sotelorene, saying that shitcoins are stable is totally wrong the fact that some shitcoin dump doesn't make them stable and when we say something is stable it means there is no change in the state of that particular thing that means they are constant but if you check in exchanges today you will see that those shitcoins are always fluctuating ( changing value up and down ) just like Bitcoin. The only stable coin should be tether and USD coin and if I'm wrong JJG will address and correct me but I believe I'm right that no coin is stable and I have stated my reason and the definition is very clear.
One of the reason Bitcoin is seen as a more better coin is because is not a stable coin, however shitcoins are stable they don't grow, they are always moving around same place, and that is why people that invest in them lose, I invested in a particular shitcoin many years ago as soon as it was listed during that week it was running up and down and before I knew it, it became stable till date and that was how I lost my money before it first went down in price and remain like that till date just revolving around same price that worth nothing.
Derekfunds with your argument that shitcoins are unstable coins, you are trying to say that shitcoins grows up in price, then why has Bitcoin not gotten a crypto coin that is competing with it, because an unstable coin is suppose to grow the way Bitcoin is growing, now let me make something very clear to you Derekfunds, for the fact that a coin is $5 now and in the next 1 to 3 month it add $5.2 and then in some hour return back to $5 those not mean you can classify the coin to an unstable coin, this shitcoins revolve around a particular price year's after years there by making it stable in that particular circle it always move, But Bitcoin those not have that nature there's always a new price as time goes on and this is one of the reasons a lot of people see it as a reliable asset.