Quote from: bitmover on September 02, 2020, 05:00:20 PM

Quote from: BitcoinFX on August 20, 2020, 09:38:03 AM

Bitcoin maximalists are doing more harm to the crypto space than good ?
-snip-

Remember: Bitcoin is an Open Source project, so do try to keep an Open Mind to other projects and innovations within this space.

Quote from: NeuroticFish on August 25, 2020, 05:54:40 AM

For every bitcoin maximalist there was already a scam shitcoin or ICO. And more schemes will rise.
Blaming only the maximalists means ignoring half of the reality.

I believe those are the most important terms here:
OpenMind and Scams.

I am not a bitcoin maximalist. I have, in my portfolio, about 80% bitcoin. There was times with 50% and others with 90% (due to high volatility).

However, when ANYONE asks me for investment advice regarding cryptocurrency, I try to be a bitcoin maximalist (and a lot of people ask me, because bitcoin/crypto is still highly unkown and not well understood even by most " tech guys" )

I don't truly believe in ANY of those project as much as I believe in bitcoin. If I had to scale in confidence/security, I would give bitcoin an 8-9 and the best altcoins (imo) at most a 5 (I don't want to say which ones I believe now, but they are very few).

Some other day I saw a person which a respect a lot, an old guy who loves gold and traditional markets and has an youtube channel . He was chilling EOS and saying that is his biggest cryptocurrency holding.

I don't know if he was scammed or if he is being paid to promto that shitcoin, just like jameson loop did.

Usually, most of those altcoin projects are heavily hyped, very dangerous (they can go 1000% up and 99,5% down within a few weeks).

There are some good projects? Well, there are. And they certainly should be incentived. But there are far too many scams.

I agree with Bitmover. Nobody understand this market well as it is still new and there are more unknowns than known facts. In my opinion, BTC is oldest crypto with highest market capitalization and liquidity. This is why my choice is to invest only in BTC.

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