bitcoinpleb

#MyFirstSquarePost , For something to have value, it must be hard to create. Bitcoin is the only cryptocurrency that is hard to create. It costs more than $60,000 in electricity to create one bitcoin, and there are only 21 million bitcoins. All other coins have development teams behind them, and they can create as many coins as they want. The monetary policies of these coins can be changed at any time by the developers. Most of these coins have allocated a huge chunk of coins for the insiders before releasing them to the public. No coin is worth putting your money into, including Ethereum. Every coin except Bitcoin will eventually go to zero. Just because one bitcoin is $65,000 doesn't mean that price is high; similarly, just because a coin is only $0.00001 doesn't mean that price is low. This is not like the stock market, where diversification is not a bad idea. In the crypto space, diversification is a bad idea. In this space, there is only one investment, and that is Bitcoin. Good luck.