as we know, many people suggest investing in bitcoin because the risk is not too high.
but if we look at the market there are lots of people buying altcoins, and to be honest I also like to buy altcoins but there aren't many of them, and it's still my biggest investment in bitcoin. and to be honest even though investing in altcoins is risky but I always want to buy and the reason is because of the high pumping..
and I want to ask everyone what is your  for buying altcoins, is the reason the same as mine?

Crypto is a perfect engine for scammers because it's still unregulated and it's also the wild west when it comes to making money quick with less efforts. .

Apart from rugpulls and influencers scam that are very famous with altcoin investment there is one particular side I want you to be much aware of.

Many altcoins you are seeing right now are build on "Make the project, promise the entire world rare utilities and never really deliver anything, they will keep using words and investors will keep hoping.

They deliver small updates only to push the price higher.

They spent hours live streaming almost everyday.

They trust hype more than anything and a finished product will ruin it.

Keep a track of your altcoins regularly and once you see the slackness in the team it's safer to switch.

I have always come across people giving stories to promote bitcoin or give awareness of bitcoin in rural areas. It is a very nice job to tell people about bitcoin because it is the major currency in the world.  In this rural area how can bitcoin be used when majority of people in the the town are battling with poverty,  and how can bitcoin be used when majority don't have access to Internet.  I think people in rural area needs to be financially stable first before knowing bitcoin.

I'm 47 years old, and I see and hear a lot of young people talking about bitcoin, and when I asked 2 young people and I asked, can I be the same age as me to invest in bitcoin? and the young people answered, 1 of them said they could, and the other said no, and the people who answered no, they explained the reason, namely because I was old, whereas if investing in bitcoin it had to be long term.
and the other young man gave me a hint, namely for me to join this forum to ask about me, who is old, is it worth investing in bitcoin or not?

but I personally will still invest in bitcoin because in my opinion there will be no loss in investing in bitcoin even in the long term, that is because I have children, even if I may have died I think there will be no loss, because I will tell my children when I invest in bitcoin .

and I will inherit bitcoin to my kid if I die first.

I want to ask what do all my friends think about this problem?

Hello Everyone,

I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token.  Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?

If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?

As the quest for global adoption of digital currencies due to the high rate of inflation in traditional papers money keeps surging, attention has been shifted to cryptocurrency as the hedge against the inflation and economic recession that is ravaging the global economy,
And those of us who are early to adopt Bitcoin and seek to build knowledge as regards the technology is seen as the most smartest set of people among the general public.

But one of the major set back against Bitcoin's global image is the presence of other coins who are centralized and highly vulnerable in term of volatility rate and price stability occasion with uncertain events that happens within other centralized cryptocurrency platform.
Even with all this, Bitcoin have remain untouched and it users are the only one who are safe in this time of crisis most especially those who store they bitcoin in their private wallets.

So in conclusion: Bitcoin is the blanket cover for what cryptcucrency and digital currency stand for and only those that hold Bitcoin should be seen as the smart people, not those holding and gambling with shitcoins.

We never know what bitcoin's next move will be, and amidst negative crypto market conditions we must be patient and use bearish timing wisely because we know that in the future the market will recover and will reverse course, and only time will tell.
and bitcoin news there is always good and bad news and bad news will be a sign that more and more people will know about bitcoin and try to do analysis and search that will increase interest in bitcoin, and 2022 will end soon and also no good movement in bitcoin towards the end of the year. And we all hope the bearish end soon but we can't do anything and it's only a matter of time, and take advantage of this bearish to continue buying and Hodl.

Various Government of the world are almost run by the old guys with mindset of old fiat currency system, therefore they would like to stick with the system they understand rather than adopting the digital new money system "Bitcoin"  and cryptos, which some of them see as a threat to get them out of power control and their jobs, Pricisly Central Bank, people that are working in the banking sector could see Bitcoin as a threat their jobs without understanding how Bitcoin works.