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member
Activity: 812
Merit: 13
Crypto bookmaker and casino
March 06, 2023, 07:54:46 PM
It would have been nice to understand the point that Bitcoin is king sooner. Invested in other altcoins and lost a lot of money before I understood that only bitcoin doesn't go to zero.
you think you are choosing the wrong alcoin for investment. if you choose a coin with potential then you don't lose money like ethereum coins and bnb coins, even if the price goes down you just wait for sure the price will go up again.
There are coins that if we hold just for a while we are going to make a lots of money. The problem here is getting the right information at the right time so that we will not miss the opportunity that we need to make good profits form the market. There market is down now showing us good chances to buy and hold for as long as we like to hold.
hero member
Activity: 490
Merit: 620
Pizza Maker 2023 | Bitcoinbeer.events
March 06, 2023, 04:14:09 PM
All altcoins were created as a result of the bitcoin initiative. Without the invention of bitcoin, I don't believe altcoins would be able to exist in the crypto sphere.

In order to maximize profits during the bull market, investors are always recommended to diversify their holdings among the top 10 altcoins by adding bitcoin and a few additional prospective altcoins (2-4) to their portfolio. Investors in crypto investing in top altcoins for their reliability and value rather than to have them at the top of the CMC for an extended period.

It is a given that bitcoin will continue to lead all other altcoins for many years to come. Nobody disputes that.

It is true that the invention of Bitcoin paved the way for the development of other cryptocurrencies, including altcoins, but how many of these have had an impact like Bitcoin?  0.

As for portfolio diversification, it is a common and recommended practice for investors in cryptocurrencies and other financial markets.  Adding several cryptocurrencies to your portfolio can help mitigate risk and maximize your earning potential.

 It's also important to remember that the value of any cryptocurrency depends on a number of factors, including market demand, its utility, competition, and regulation.  Therefore, investors should do thorough research on the cryptocurrencies they plan to add to their portfolio and carefully weigh their potential risks and benefits.
legendary
Activity: 1890
Merit: 2995
LE ☮︎ Halving es la purga
March 06, 2023, 12:12:45 PM
Well! You have to look at that graph with tweezers, since a ranking can disorient the qualitative thing that is the main value of Bitcoin.

So, that is, it is like the Elvis of crypto, that is; It doesn't matter if there are commentaries leave him for dead or not, it doesn't really matter.

I do follow or trust bitcoin, not because of its positioning in hierarchical tables, that's an additional plus.
sr. member
Activity: 924
Merit: 365
March 06, 2023, 12:02:14 PM
#99
All altcoins were created as a result of the bitcoin initiative. Without the invention of bitcoin, I don't believe altcoins would be able to exist in the crypto sphere.

In order to maximize profits during the bull market, investors are always recommended to diversify their holdings among the top 10 altcoins by adding bitcoin and a few additional prospective altcoins (2-4) to their portfolio. Investors in crypto investing in top altcoins for their reliability and value rather than to have them at the top of the CMC for an extended period.

It is a given that bitcoin will continue to lead all other altcoins for many years to come. Nobody disputes that.
sr. member
Activity: 2366
Merit: 448
Reward: 10M Sheen (Approx. 5000 BNB) Bounty
March 06, 2023, 11:23:05 AM
#98
Because of its unique specifications and bitcoin being the first cryptocurrency in the world and also irreplaceable, bitcoin is the king of cryptocurrencies because it has the largest market capitalization and ranks first and whatever is first is the winner or king.
and I think everyone knows the many advantages of bitcoin, especially in terms of very good profits or returns, security, transparency and so on.
and bitcoin's dominance in the cryptocurrency market represents the share of bitcoin's market cap in relation to the total market cap of the cryptocurrency industry, and a simple example:
the cryptocurrency market has a total market capitalization of 100.
and bitcoin has a market capitalization of 70.
then it is said that the dominance of the bitcoin market is 70%, and the other 30% are other cryptos of which there are so many. So bitcoin is called the irreplaceable king of crypto.
hero member
Activity: 742
Merit: 529
casinosblockchain.io
March 06, 2023, 11:08:46 AM
#97
There's a lot of factors to derive from the incontestable top position bitcoin has occupied amongst every other coins in this competitive market. For me these factors are in no particular order:
* Reliability/dependable
* Sustainability
* Resilience
* Durability
* Rest assurance for the investor (no fear of sudden dumping).
* Trusted by the sense of time. Etc
Looking at the table so far you will evaluate that every other coin lacks these factors as they are epileptic and  unstable in their positions as the year runs by.
full member
Activity: 1554
Merit: 120
Buzz App - Spin wheel, farm rewards
March 06, 2023, 11:07:44 AM
#96
It would have been nice to understand the point that Bitcoin is king sooner. Invested in other altcoins and lost a lot of money before I understood that only bitcoin doesn't go to zero.
you think you are choosing the wrong alcoin for investment. if you choose a coin with potential then you don't lose money like ethereum coins and bnb coins, even if the price goes down you just wait for sure the price will go up again.
sr. member
Activity: 1097
Merit: 310
Seabet.io | Crypto-Casino
March 06, 2023, 10:24:36 AM
#95
There are different ways abd opinions in BTC.
I see many people misusing BTC which I think they're just losing opportunities bitcoin is very good platform for us to engage and get the use of and always bitcoin is promoting so when we got engage in it will help us
....
Yes I also think that there are many good opportunities available through Bitcoin.  As such there can be many problems.  But I totally believe in bitcoin. I have done a lot with bitcoin. But I think the future of bitcoin is very good. I put all my money in bitcoin because I believe in bitcoin a lot. I think bitcoin will be in a better position as time goes on.  will arrive. So I think we'll get something good if we put our money in Bitcoin.
hero member
Activity: 938
Merit: 503
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
March 06, 2023, 07:54:08 AM
#94
The main reasons why Bitcoin is leading the cryptocurrency at the moment is that Bitcoin is an independent cryptocurrency with no one controlling it, besides its specific supply, and furthermore, it is a crypto that has Big investors and big companies have made their investments due to which it is considered as a very safe cryptocurrency and till date it stands at the top position in the market.Investing in any cryptocurrency can be risky at one point or another, but BTC is the only currency that has the lowest risk, if it is said to have no risk at all. This will also not be wrong because the day I lost my capital in bitcoin, consider the market to be over.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
December 30, 2022, 12:21:16 PM
#93
The picture representing "bitcoin as king" on this thread is the perfect example of why we, as investors, should always prioritize bitcoin as the main investment in crypto universe against any other altcoins' alternatives. When you look the history of cryptocurrency, there is no doubt only bitcoin is capable of delivering solid and lasting results to adopters.

Some feel tempted to invest in altcoins instead of bitcoin, because they believe financial returns are going to be much superior, but it ends that their choices fall in position and relevance in the market year after year, while those who weren't too greed and sticked to bitcoin, even knowing returns might not be so exorbitant like x10, x50, x100, are still making profit, slowly, but surely, cycle after cycle.
sr. member
Activity: 1372
Merit: 348
December 03, 2022, 07:05:27 PM
#92
In an pictorial representation of the growth chart of a big number of cryptocurrencies available in the market it is possible to see the progress of bitcoin. This shows how good is bitcoin against the rest of the altcoins. There is regular growth even when the market suffers unexpected crash.

It also shows how the market of Bitcoin dictates the trend of cryptocurrency market.  If Bitcoin plummet, almost everything in the market plummet.  Same goes when the bitcoin market surge.

Bitcoin is termed to be the king, because it is the reference upon which the entire empire is being constructed. If bitcoin haven't existed, there shouldn't be the word altcoins.

It is termed king because of its dominant of the market.  And if Bitcoin is not created, I do not think altcoin will cease to exist, since if Bitcoin isn't created, there will be another form of currency that will be created in order to limit the financial institutions meddling.
legendary
Activity: 1176
Merit: 1005
crunck
December 03, 2022, 07:01:24 PM
#91
Bitcoin is the symbol of cryptocurrency. All other coins follow Bitcoin's volatility. When Bitcoin falls, other coins will surely fall. When Bitcoin rises, so do other coins. Bitcoin is the center.

Just by looking at the market capitalization on coinmarketcap, we can see that bitcoin's capitalization for over 40% of the total market capitalization, which shows the strength it is having. Yes, bitcoin is the cradle of the crypto industry and will always be the king of the market not only now but even in the future I don't think there will be a coin that can replace bitcoin, since the coin is currently generated from profit, there is no real utility or use case.
newbie
Activity: 19
Merit: 1
December 03, 2022, 06:35:03 PM
#90
There are different ways abd opinions in BTC.
I see many people misusing BTC which I think they're just losing opportunities bitcoin is very good platform for us to engage and get the use of and always bitcoin is promoting so when we got engage in it will help us
....
hero member
Activity: 1498
Merit: 711
"Play Poker on Telegram"
November 27, 2022, 07:17:32 PM
#89
I learned about cryptocurrency 6 ago, since then I have always see Bitcoin rated the top 1 cryptocurrency, some times I wish I got to know about it when it was yet $1k. Today Bitcoin price got to $24k and according to a Crypto analyst who said that if Bitcoin crossed $30k, it means that the bull market is about to start, I just hope it does.
Actually Bitcoin is a kind of currency that we can't predict of the time factor of the bullish market and bearish market, because i believe that Bitcoin have like rotation and limitations in terms of price acceleration, before if bitcoin experience bearish market and it happened to be over stayed, what happened is that it circled after period of four years before it will get accelerated, under bearish it can be fluctuating which it can reach that proposed 30k and degrade in the values. So it's unpredictable.
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
November 27, 2022, 07:10:41 PM
#88
In an pictorial representation of the growth chart of a big number of cryptocurrencies available in the market it is possible to see the progress of bitcoin. This shows how good is bitcoin against the rest of the altcoins. There is regular growth even when the market suffers unexpected crash.

Bitcoin is termed to be the king, because it is the reference upon which the entire empire is being constructed. If bitcoin haven't existed, there shouldn't be the word altcoins.
newbie
Activity: 3
Merit: 0
November 14, 2022, 11:18:00 AM
#87
It would have been nice to understand the point that Bitcoin is king sooner. Invested in other altcoins and lost a lot of money before I understood that only bitcoin doesn't go to zero.
newbie
Activity: 16
Merit: 0
November 14, 2022, 03:37:48 AM
#86
Bitcoin is the symbol of cryptocurrency. All other coins follow Bitcoin's volatility. When Bitcoin falls, other coins will surely fall. When Bitcoin rises, so do other coins. Bitcoin is the center.
newbie
Activity: 8
Merit: 0
November 14, 2022, 02:46:38 AM
#85
A small historical reminder that bitcoin is the only cryptocurrency that has remained in its positions for many years:


Now, during the crypto-winter period, I increasingly see people's opinions that in order to preserve value, to diversify their investments, you need to invest in the top 10 cryptocurrencies, because they symbolize reliability, value and definitely will not leave the market. But are these people wondering if the cryptocurrencies they see as diversification will still be in their top 10 spots in, say, 3 years?

Leaders change, depreciate, get stuck in terms of development and price growth, and only one asset remains unchanged. Bitcoin.
The status of Bitcoin is unshakable, and all altcoins have to look at the face of Bitcoin. No matter how prosperous the altcoin is and how high the attention is, it is the younger brother in front of Bitcoin
copper member
Activity: 2226
Merit: 605
🍓 BALIK Never DM First
September 29, 2022, 05:16:32 AM
#84
~~ see Ethereum as the second position now heading towards PoS and getting more and more centralized by the day. PoW proves bitcoin is where it should be then, now, and forever.

It can be seen that ethereum has held the 2nd place quite well, no altcoin has been able to surpass it in recent years. But just as you are concerned, the full move to POS, the queen position of ethereum can continue to hold in the future or not. Thanks to POW, ethereum has set itself apart from the rest of altcoins, but once it decides to become like the rest, the future of it remains in question. Many people predict the capitalization of ethereum will overtake bitcoin in the future but with the upgrade to POS, I think the opportunity for ETH has disappeared and no one can afford to take the throne of bitcoin.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
September 29, 2022, 05:10:04 AM
#83
It is better to diversify and invest in coins that have remained in the top 3 or 4 positions for a long period of time. If you analyse the market, you will clearly see that it's bitcoin, ethereum and tether dominating the top. Diversification should be done carefully, after proper research. Or else investing a part of your capital in the wrong coin can result in loss.

Investing in multiple assets, surely decrease the risks involved, but that’s too decrease the fact that the profit will also less.
Bitcoins and ETH might be the good choice for investment if we see through market research. It’s quite popular also and have the highest marketcap.
Currently both the coins are priced at the best price possible, all thanks to bear market. So buy as many Bitcoins as you can in this bear market and have fun later on.
what you say is very true. buying when the bearish season arrives as it is now is an opportunity to buy cheaply which we will not be able to do when bitcoin prints new ATH in the year to come.
remember that every 4 years or 5 years bitcoin always gives something very extraordinary to loyal investors who always buy and hold after that waiting for bitcoin to provide a party place for all of us.
well although ethereum is also good as an investment tool but it would be better if you always buy bitcoin and hold it because bitcoin never betrays its investors
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