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    Author Topic: Be a Bitcoin believer  (Read 985 times)

    • fzkto
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    August 19, 2022, 12:40:47 PM
     #41
    Quote from: romero121 on August 18, 2022, 02:09:54 AM
    I think your dad is one among the person who believed in Bitcoin Cash during the split. I've made this statement based on OP name which is BccKing. Based on the account created date Op could've experienced this seems to be a coincidence. According to me, bitcoin is the best and just because altcoins made him loss we can't conclude altcoins aren't needed. Because, if there is just bitcoin the growth won't be big. The competence keeps things in an updated way.
    It seems to me that on the contrary the growth would be much greater if there were no altcoins. All of these altcoins are pulling in the large capitalisation that bitcoin would have had. But I agree with you that not all altcoins are useless, but unfortunately such coins can be counted on the fingers. The rest are all copies of other projects with no practical application.

  • Zanab247
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    August 19, 2022, 03:34:39 PM
     #42
    Quote
    Everyone has that feeling when you think that you're part of the history or have seen the actual history of bitcoin's progress. It's really incredible to think that this invention has helped a lot of people and we're probably talking about millions of people now.

    Well, sad to say that it's not only your dad that has lost money to altcoins. Even me, but I only hate those altcoins that are scam and when we say scam, those that have the intention to steal money from the others after making a crap project.
    Loosing your money to altcoins is a sign that your plan didn't go well which you need to use another strategies that will help you to recover your money back. Many people are making progress in their altcoin investment, because they exercise patience when the price of those altcoins were very low in the market that made them to store them in their wallet because they believed that someday they will going to make a good profits from them.

  • kamvreto
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    August 19, 2022, 11:05:12 PM
     #43
    Quote from: D ltr on August 19, 2022, 10:54:40 PM
    maybe a very big mistake if you choose a new altcoin because the new coin actually does not have definite clarity, especially not yet registered on the trading exchange, and does not yet have hype, in fact that is also the risk faced by every crypto investor who dares to lose if they want to make a profit.

    A new altcoin with no clarity about the trading exchange and about its developer is a shitcoin that will only result in losses. Better to choose bitcoin is the right choice. If you really want to choose an altcoin, choose an altcoin that has been registered and trusted, such as ETH and BNB, there is no doubt anymore. Don't bet money just for new altcoins that are not clear.

  • koang
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    August 20, 2022, 06:48:33 AM
     #44
    Altcoins tend to offer higher risk and reward, Altcoins have more room to grow, and even some Altcoins
    are ambitious projects that offer more use cases. However, they also have a higher chance of failure.
    And don't see Altcoin as quick cash, see it as an opportunity without risking everything.
    Investing in the Altcoins is worth checking out for hands-on cryptocurrency investors willing to do their homework.
    But the Altcoins are only a small part of our portfolio. IMO

  • Zilon
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    August 20, 2022, 07:38:56 AM
     #45
    Quote from: BccKing on August 17, 2022, 07:56:44 AM
    Cryptocurrency pioneers, nice to meet you, this is my dad's account.
    He is a dedicated promoter of the crypto community. He used to explain Bitcoin to me when I was a kid. He watched Bitcoin come into being and grow. Because Bitcoin was too expensive to target for long-term storage, he often remorse. Many times he lost money by investing in cheaper altcoins, and the chronic stress of family life and work overload left him depressed.
    I read the discussion on the development of Bitcoin in the early days of the forum, and felt very magical and incredible. This is a great invention, a great era. When Bitcoin was born, I was a 7-year-old ignorant girl, and I also missed it. got it.
    We weren't there when shells were money, we weren't there when gold was there, we weren't there when cars were there, and I wasn't there when electricity was there.
    Welcome to the forum just has everyone has said been your real self will make your growth more exponential. You can start by creating a new account. Technology will continue to evolve. One thing i have come to understand about Bitcoin is that as long as it is not backed by any government asset or utility the price in the future will remain unpredictable. so every time is a good time to catch the market

    Quote
    Those who can mine 50BTC or 25BTC in one block, you are the luckiest!
    The developers of the Bitcoin community, a group of young geniuses, who did not want to have fun when they were young, but got into the field of cryptography and created a great Bitcoin. For their ideals and beliefs, I adore them very much!
    I hate altcoins, they made my dad lose money and they are just imitating bitcoin, a lot of altcoins are just to scam money and then disappear, and the real king is bitcoin. So I call on everyone to join me and only believe in Bitcoin, abandon those altcoins that cheat money, and just follow it!
    You really think the early miners were really lucky. The lucky ones were those who believed in the future of Bitcoin and did hold. Some miners who mined more than 50 and 25BTC back then might have misplaced their keys, some exchanged for fiat and a few still held if they are any luck ones in the Bitcoin era now is you and i because we have both seen the possibility of Bitcoin making new highs and all we need do is buy and hold.  And not just that Bitcoin is worth more valuable now than when it was 50 and 25BTC incentivised

    Many feel the can trade altcoin just the way the trade Bitcoin. Altcoin remains shit projects and its discretion is subject to DYOR. To play safe in the Bitcoin ecosystem Bitcoin is the preferred project

  • Jody.Drummer
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    August 20, 2022, 07:52:01 AM
     #46
    Quote from: kamvreto on August 19, 2022, 11:05:12 PM
    Quote from: D ltr on August 19, 2022, 10:54:40 PM
    maybe a very big mistake if you choose a new altcoin because the new coin actually does not have definite clarity, especially not yet registered on the trading exchange, and does not yet have hype, in fact that is also the risk faced by every crypto investor who dares to lose if they want to make a profit.

    A new altcoin with no clarity about the trading exchange and about its developer is a shitcoin that will only result in losses. Better to choose bitcoin is the right choice. If you really want to choose an altcoin, choose an altcoin that has been registered and trusted, such as ETH and BNB, there is no doubt anymore. Don't bet money just for new altcoins that are not clear.
    Actually, it's not too wrong to put options in alt after bitcoin but of course this must be with a sense of being ready to lose more and with observations that are really reliable.
    We have to see which altcoins we can really invest in because if we make a little mistake, especially trying something new, we will only lose a lot from our careless actions.

  • Republikcoin.com
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    August 20, 2022, 08:56:57 AM
     #47
    Quote from: D ltr on August 19, 2022, 10:54:40 PM
    maybe a very big mistake if you choose a new altcoin because the new coin actually does not have definite clarity, especially not yet registered on the trading exchange, and does not yet have hype, in fact that is also the risk faced by every crypto investor who dares to lose if they want to make a profit.
    Investors will only dare to lose on an obvious product like Bitcoin. And they certainly don't want to lose money on a new coin whose future is still unclear or its potential in the market, especially if it can't be traded on any exchange.

    Quote from: kamvreto on August 19, 2022, 11:05:12 PM
    A new altcoin with no clarity about the trading exchange and about its developer is a shitcoin that will only result in losses. Better to choose bitcoin is the right choice. If you really want to choose an altcoin, choose an altcoin that has been registered and trusted, such as ETH and BNB, there is no doubt anymore. Don't bet money just for new altcoins that are not clear.
    Super good advice, and it would be even better if you want to make an investment bet then don't choose any altcoin other than Bitcoin. Because putting money into Bitcoin is a very wise choice and there is no need to bring any doubts for Bitcoin because there is no better coin than Bitcoin now.

    Quote from: Jody.Drummer on August 20, 2022, 07:52:01 AM
    Actually, it's not too wrong to put options in alt after bitcoin but of course this must be with a sense of being ready to lose more and with observations that are really reliable.
    We have to see which altcoins we can really invest in because if we make a little mistake, especially trying something new, we will only lose a lot from our careless actions.
    I don't think many people are ready to lose their money through any altcoin, because anyone can see and conclude that when Bitcoin is declining as it is now, other altcoins have also decreased except for stablecoins that have seen a slight increase in the market. That's also due to some people releasing altcoins and holding stablecoins for a while before making repurchases.
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  • justdimin
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    August 21, 2022, 03:05:02 PM
     #48
    Quote from: Jody.Drummer on August 20, 2022, 07:52:01 AM
    Actually, it's not too wrong to put options in alt after bitcoin but of course this must be with a sense of being ready to lose more and with observations that are really reliable.
    We have to see which altcoins we can really invest in because if we make a little mistake, especially trying something new, we will only lose a lot from our careless actions.
    There is a difference between putting your money into alts, versus putting your money into a brand new shitcoin. I believe that there are some people with good intentions but there isn't really anything that we could do which would help us with the brand new one because even with good intentions they could fail. Alts include all the big names, and all the small names and we shouldn't be going with brand new ones that are uncertain.

    Some people will do that anyway, even the shittiest one could get tens of thousands of dollars investment. I have been part of a dozen projects so far in marketing, and I can tell you even scams get money unfortunately, talked with many scams who openly said they are scams, and still get tens of thousands of dollars.
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  • goldkingcoiner
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    August 21, 2022, 03:19:05 PM
     #49
    Quote from: BccKing on August 17, 2022, 07:56:44 AM
    Cryptocurrency pioneers, nice to meet you, this is my dad's account.
    He is a dedicated promoter of the crypto community. He used to explain Bitcoin to me when I was a kid. He watched Bitcoin come into being and grow. Because Bitcoin was too expensive to target for long-term storage, he often remorse. Many times he lost money by investing in cheaper altcoins, and the chronic stress of family life and work overload left him depressed.
    I read the discussion on the development of Bitcoin in the early days of the forum, and felt very magical and incredible. This is a great invention, a great era. When Bitcoin was born, I was a 7-year-old ignorant girl, and I also missed it. got it.
    We weren't there when shells were money, we weren't there when gold was there, we weren't there when cars were there, and I wasn't there when electricity was there. Those who can mine 50BTC or 25BTC in one block, you are the luckiest!
    The developers of the Bitcoin community, a group of young geniuses, who did not want to have fun when they were young, but got into the field of cryptography and created a great Bitcoin. For their ideals and beliefs, I adore them very much!
    I hate altcoins, they made my dad lose money and they are just imitating bitcoin, a lot of altcoins are just to scam money and then disappear, and the real king is bitcoin. So I call on everyone to join me and only believe in Bitcoin, abandon those altcoins that cheat money, and just follow it!

    Allow me to welcome you on behalf of the Bitcoin talk community to our beloved forum.

    I would recommend that you walk in your father's footsteps and create your own personal Bitcoin talk account. Gather merits, be active in the community, learn more about Bitcoin, mining, cryptocurrency and blockchain.

    But the most important part is to have fun.

    If you need any assistance or if you have questions about anything, don't feel shy to ask away as you like.


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  • danherbias07
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    August 21, 2022, 03:51:22 PM
     #50
    Sorry, I am not a Bitcoin maximalist but I believe no altcoin should be on top of it. It will always be the King of Cryptocurrencies.
    I always prefer healthy competition and there are altcoins that have great projects with legitimate goals to change the future.

    It's good though that your father opened up new ideas while you are still young. Like Bitcoin. Yes, it might be in mainstream, trends, or hypes but that is just because they know the name and the price but never went forward into looking deep at its purpose, history, and more.
    Welcome to the forum.
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  • Wakate
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    August 21, 2022, 04:24:13 PM
     #51
    Quote from: D ltr on August 19, 2022, 10:54:40 PM
    maybe a very big mistake if you choose a new altcoin because the new coin actually does not have definite clarity, especially not yet registered on the trading exchange, and does not yet have hype, in fact that is also the risk faced by every crypto investor who dares to lose if they want to make a profit.
    Bitcoin still remain the number cryptocurrency that could change more lives if we embrace it more. Going for altcoins is good because all those altcoins projects depends on Bitcoin to move before they can take a bullish attempt and I am not too surprised because some investors do go for altcoins sale the new ones that do pose a big risk to use 8f eventually the project becomes a rug pull.

    In respective of what coin I am buying in the crypto market, I still prefer holding Bitcoin to altcoins because it can't be rugged just like the chances of all those coin projects we have in the market. Proudly a Bitcoin believer and enthusiastic even though the current market condition is bear.

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  • Oceat
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    August 21, 2022, 04:47:27 PM
     #52
    Quote from: koang on August 20, 2022, 06:48:33 AM
    Altcoins tend to offer higher risk and reward, Altcoins have more room to grow, and even some Altcoins
    are ambitious projects that offer more use cases. However, they also have a higher chance of failure.
    And don't see Altcoin as quick cash, see it as an opportunity without risking everything.
    Investing in the Altcoins is worth checking out for hands-on cryptocurrency investors willing to do their homework.
    But the Altcoins are only a small part of our portfolio. IMO

    Nowadays, I can't trust new altcoins since I knew how altcoins and new token works they are not worth to invest and not a good investment if you are planning for a long term investment. I would consider the top 5 altcoins I see as reliable than investing those new coins which most of them are just an imitation of Bitcoin. All you have said was true and there's denying that they have a higher risk and higher reward but most of the time the risk of losing is just too much that's why I can't recommend to put your money on these new tokens.

    Do your own research if you want to insist that they are worthy of investment.
    3996

  • BobK71
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    August 21, 2022, 08:51:46 PM
     #53
    In this world all crypto currencies are centralized accept bitcoin. It is only a coin that has no regulator. Also Bitcoin is the best in terms of reliability. Chances of scams are high in other projects but Bitcoin doesn't have such scope. So trusting Bitcoin will never fail. If someone truly loves Bitcoin, he will be successful one in this world.
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  • Vaculin
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    August 21, 2022, 09:58:47 PM
     #54
    Quote from: BccKing on August 17, 2022, 07:56:44 AM
    Cryptocurrency pioneers, nice to meet you, this is my dad's account.
    He is a dedicated promoter of the crypto community. He used to explain Bitcoin to me when I was a kid. He watched Bitcoin come into being and grow. Because Bitcoin was too expensive to target for long-term storage, he often remorse. Many times he lost money by investing in cheaper altcoins, and the chronic stress of family life and work overload left him depressed.
    I read the discussion on the development of Bitcoin in the early days of the forum, and felt very magical and incredible. This is a great invention, a great era. When Bitcoin was born, I was a 7-year-old ignorant girl, and I also missed it. got it.
    We weren't there when shells were money, we weren't there when gold was there, we weren't there when cars were there, and I wasn't there when electricity was there. Those who can mine 50BTC or 25BTC in one block, you are the luckiest!
    The developers of the Bitcoin community, a group of young geniuses, who did not want to have fun when they were young, but got into the field of cryptography and created a great Bitcoin. For their ideals and beliefs, I adore them very much!
    I hate altcoins, they made my dad lose money and they are just imitating bitcoin, a lot of altcoins are just to scam money and then disappear, and the real king is bitcoin. So I call on everyone to join me and only believe in Bitcoin, abandon those altcoins that cheat money, and just follow it!
    Its good to see that someone like you has appreciated the value of bitcoin so much, because you know exactly the struggle of bitcoin is. However, its not that easy to convince everyone particularly newbies to never trust altcoins at all as they can be source of great losses. Altcoins are cheaper than bitcoin, and they can be very promising too according to their own developers. But those who stayed long in the market know exactly that altcoins are only good at the start, and they quickly turned to scams in the end and steal our money.
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  • Detritus
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    August 21, 2022, 10:07:31 PM
     #55
    Quote
    I hate altcoins, they made my dad lose money and they are just imitating bitcoin, a lot of altcoins are just to scam money and then disappear, and the real king is bitcoin. So I call on everyone to join me and only believe in Bitcoin, abandon those altcoins that cheat money, and just follow it!
    There are lots of Altcoins and many are Scam but not all, there are some Altcoins with good initiatives. Your dad may have lose money in some bad project that must have been a bad impression for you. You many not specifically know a project that cheats money because at the beginning some may be real but along the line complications may happen to them like running out of funds.  Bitcoin can not be compared to any Altcoin but is not also a bad idea to invest in a good Altcoin project at same time invest in Bitcoin. For example, I have $150k  I can decide to buy $100k of Bitcoin and use the remaining $50k to buy few Altcoins.

  • agustina2
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    August 21, 2022, 10:11:18 PM
     #56
    Quote from: BccKing on August 17, 2022, 07:56:44 AM
    I hate altcoins, they made my dad lose money and they are just imitating bitcoin, a lot of altcoins are just to scam money and then disappear, and the real king is bitcoin. So I call on everyone to join me and only believe in Bitcoin, abandon those altcoins that cheat money, and just follow it!

    Don't blame those altcoins but instead your dad's action. Bitcoin is the King and there's no doubt about that but if you play it right, there are lots of worthy altcoins there. You don't have to stick with only Bitcoin if your goal is to have a decent outcome in crypto.

    Open your mind and explore things. Your crypto journey should not just be limited only to Bitcoin.

    Nothing wrong though with that if you are really not comfortable with other altcoins or have a plan on extending your knowledge with those.

  • Raflesia
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    August 21, 2022, 11:01:49 PM
     #57
    Quote from: agustina2 on August 21, 2022, 10:11:18 PM
    Quote from: BccKing on August 17, 2022, 07:56:44 AM
    I hate altcoins, they made my dad lose money and they are just imitating bitcoin, a lot of altcoins are just to scam money and then disappear, and the real king is bitcoin. So I call on everyone to join me and only believe in Bitcoin, abandon those altcoins that cheat money, and just follow it!

    Don't blame those altcoins but instead your dad's action. Bitcoin is the King and there's no doubt about that but if you play it right, there are lots of worthy altcoins there. You don't have to stick with only Bitcoin if your goal is to have a decent outcome in crypto.

    Open your mind and explore things. Your crypto journey should not just be limited only to Bitcoin.

    Nothing wrong though with that if you are really not comfortable with other altcoins or have a plan on extending your knowledge with those.
    Everyone basically has their own thoughts on things like this.
    Bitcoin is king now and it has been for several years now and will likely remain that way. As for altcoins, there are currently a lot of projects out there and even though most of them are useless things, we also can't rule out altcoins in this regard.
    We know that different heads must have different thoughts and what your father thinks is definitely not the same as you, so indeed we just need to make a middle line about what to do regardless of whether you believe it or not it may come back to yourself.

  • BitcoinPanther
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    August 21, 2022, 11:04:52 PM
     #58
    Quote from: BccKing on August 17, 2022, 07:56:44 AM
    I hate altcoins, they made my dad lose money and they are just imitating bitcoin, a lot of altcoins are just to scam money and then disappear, and the real king is bitcoin. So I call on everyone to join me and only believe in Bitcoin, abandon those altcoins that cheat money, and just follow it!

    Don't blame altcoin for your dads lack of skills and knowledge to take advantage of the altcoin market.  I agree there are people who lost money on altcoin but there are also people who get tons of riches in altcoin market.  So I think you need to question your dad's strategy on this and no need to hate altcoin because it makes your dad lose a lot of money.  I believe in Bitcoin and I also believe that there are decent altcoin out there.

  • CryptoHeadlineNews
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    August 22, 2022, 12:17:42 AM
     #59
    Quote from: BccKing on August 17, 2022, 07:56:44 AM
    Cryptocurrency pioneers, nice to meet you, this is my dad's account.
    He is a dedicated promoter of the crypto community. He used to explain Bitcoin to me when I was a kid.
    I am very glad that your dad introduced you to a legacy which last (Bitcoin), because it actually takes a man who soo much believed in Bitcoin to actually do what he did. And he will be proud of you taking over his account to strive to learn and fully understand how Bitcoin work. Because Bitcoin has come to stay and it's going nowhere.
     
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  • Jeger.Kiting
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    August 22, 2022, 07:17:52 AM
     #60
    Quote from: CryptoHeadlineNews on August 22, 2022, 12:17:42 AM
    Quote from: BccKing on August 17, 2022, 07:56:44 AM
    Cryptocurrency pioneers, nice to meet you, this is my dad's account.
    He is a dedicated promoter of the crypto community. He used to explain Bitcoin to me when I was a kid.
    I am very glad that your dad introduced you to a legacy which last (Bitcoin), because it actually takes a man who soo much believed in Bitcoin to actually do what he did. And he will be proud of you taking over his account to strive to learn and fully understand how Bitcoin work. Because Bitcoin has come to stay and it's going nowhere.

    You are absolutely right about this, he was a great kid who got to hear stories from his dad about Bitcoin when he was a kid and inherited what his dad told him back then. because I rarely hear stories of children today listening to what their fathers say to their sons, because most young children ignore their own father's stories when they grow up he takes his own path but doesn't really inherit what his father had. But unlike this kid, he can go ahead and use his father's account, so that he can be like his father to be a promoter in Bitcoin, I think that's really great for him.
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