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Topic: Bitcoin is still the favorite choice (Read 2434 times)

full member
Activity: 1246
Merit: 102
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August 12, 2021, 09:15:30 PM
I think as good investors we have to follow the trend, and this time bitcoin has the biggest trust in the crypto world, so it's no wonder that many investors favor bitcoin as the main investment tool in cryptocurrency. although there are many altcoins that can provide greater returns, but from the bitcoin market capitalization, I think bitcoin is safer
jr. member
Activity: 62
Merit: 6
August 12, 2021, 08:51:37 PM
Yes. Compared to other cryptocurrencies, Bitcoin has been developing for several years. It is still flourishing even after being almost zero.
Other cryptocurrencies are developed through Bitcoin, and they rely on Bitcoin. When the price of Bitcoin fluctuates, it will affect them.
full member
Activity: 450
Merit: 122
August 12, 2021, 04:28:19 PM
Does not matter of the technology Bitcoin will be always be the first choice. Ethereum or etc an owertrown it but it can be really short time and after king will be back its what it is! Bitcoin is the new gold.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
August 12, 2021, 04:35:43 PM
It is a first advantage of investing in Bitcoin is that this is still the leading cryptocurrency, not only because it was the first that existed, but above all, because it was the one with the highest price in the market.
There are many other factors too why it's still sitting at the top like its network is very well maintained and secured.
It will always be the favorite because Another distinctive and very advantageous element of Bitcoin is that it opened the possibility for anyone to invest. For a long time, not a few saw the process of investing as an activity limited only to specialists and people with great capital. This has been left behind since in a certain way digital platforms have come to democratize investment.
And many have seen how bitcoin went from the lowest during bear market up to the all time highs that it showed, like early this year, another new all time high was made.
member
Activity: 84
Merit: 10
August 12, 2021, 02:47:51 PM
It is a first advantage of investing in Bitcoin is that this is still the leading cryptocurrency, not only because it was the first that existed, but above all, because it was the one with the highest price in the market.
It will always be the favorite because Another distinctive and very advantageous element of Bitcoin is that it opened the possibility for anyone to invest. For a long time, not a few saw the process of investing as an activity limited only to specialists and people with great capital. This has been left behind since in a certain way digital platforms have come to democratize investment.
full member
Activity: 862
Merit: 100
August 10, 2021, 12:53:17 AM
An important reason for Bitcoin's popularity is that it has withstood the test of time. No digital currency has experienced so many ups and downs like it. It has been discussed many times around the world, and  tenacity of its vitality also proves its value from the side.
Moreover, Bitcoin is the most widely-consensus digital cryptocurrency, and it has a strong international circulation. The total amount of Bitcoin is constant at 21 million, and it is halved about every four years. It is scarce. In addition, Bitcoin is a peer-to-peer transaction transmission, free from the intervention of various institutions, and can circulate around the world. You can send your Bitcoin to any corner of the world. Coupled with the fact that Bitcoin has higher returns than gold. Digital currency or encrypted assets represented by Bitcoin is the general direction of the development of the entire financial industry.
The great investor's enthusiasm over Bitcoin is based on its overall progress during last decade, it is proven only crypto asset that surpasses the expectation of investors and breaks the previous record highs. And bitcoin has been presented to the world to comply with the general trend of economic globalization.

https://medium.com/cryptocurrencies-ups-and-down/bitcoin-is-still-the-favorite-choice-598d15fde96f





We all know Bitcoin as the first crypto. It has the biggest market cap.Even people who are not interested in the crypto market, know a bit about Bitcoin. Moreover this currency is completely decentralised and works on Proof-Of-Work that provides it with security. Bitcoin today is an integral part of the economy, so BTC is the best choice and it will be the best choice for a long time in the future.
member
Activity: 756
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August 09, 2021, 09:17:29 AM
Bitcoin is still the favorite choice for most people and I know the biggest reason for it. Because new investors meet Bitcoin when they enter this market somehow. People hear about Bitcoin the most comparing to the other cryptocurrencies. Bitcoin is the oldest cryptocurrency in the market now and it is still going on its way. So people believe in it the most as it is still the best one.
sr. member
Activity: 1414
Merit: 326
August 09, 2021, 09:12:02 AM
Bitcoin is still first and favorite choice because its first currency and people interest is in bitcoin. Altcoin can give you more and high reward but bitcoin is still secure blockchain. Whenever we talk about cryptocurrency to accept as a payment fir daily use first currency is Btc.
Bitcoin is everyone's favorite currency from the beginning the value of this currency is much higher than other currencies in the crypto market and the value of altcoins increases depending on bitcoin tops all currencies. It has a bright future and is profitable to invest.
legendary
Activity: 2030
Merit: 1189
August 09, 2021, 08:17:05 AM
Bitcoin is still first and favorite choice because its first currency and people interest is in bitcoin. Altcoin can give you more and high reward but bitcoin is still secure blockchain. Whenever we talk about cryptocurrency to accept as a payment fir daily use first currency is Btc.
Having the largest crypto dominance (as of the time of this post 45%) there's no dispute about Bitcoin not being the favourite choice. It still remains the blockchain with the highest level of security and the most sought after.

Because it was the parent crypto it has a lot to deliver and many people think of it as the coin that now is the best time to buy in as a way to protect assets from inflation and at the same time benefit from its long-term gain potential.
full member
Activity: 658
Merit: 100
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August 09, 2021, 08:11:23 AM
Bitcoin will always be everyone's favorite coin. This is because bitcoin is the first digital currency, so it is like the mother of all coins. Moreover, bitcoin supply is limited to just 21 million makes everyone want to have bitcoin. Until whenever I would still keep bitcoin I have purchased.
sr. member
Activity: 616
Merit: 251
August 08, 2021, 06:19:31 PM
Bitcoin is still first and favorite choice because its first currency and people interest is in bitcoin. Altcoin can give you more and high reward but bitcoin is still secure blockchain. Whenever we talk about cryptocurrency to accept as a payment fir daily use first currency is Btc.
Bitcoin is in great demand because of its limited number, many supporting investors, unique and also it is a very innovative alternative side by side with fiat currencies. We know that both fiat and cryptocurrency have their advantages.
Bitcoins are like gems in the world of fintech, bought for collection and storage. This is due to the ineffectiveness of Bitcoin being used for daily transactions.

The scarcity is the big pro that Bitcoin has compared to coins with endless emissions like Dogecoin or even Ethereum. If you look at it from that angle many coins don't have a limited number as they argue for economic reasons. That's fine though and in my humble opinion both camps can be true. Bitcoin is scarce and a store of value while other coins make more sense in for other use cases and therefore need continuous emission.
full member
Activity: 1554
Merit: 123
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August 04, 2021, 09:18:59 PM
it must be admitted that bitcoin has great potential in the future, if you are quickly affected by the price of bitcoin in the near future then you belong to the group of reckless people. I am very confident with bitcoin. bitcoin in my opinion like kings and kings is always followed by other alcoins, for example the price of bitcoin goes down, the price of other alcoins also goes down and vice versa then it is appropriate that bitcoin as king is the favorite.
member
Activity: 210
Merit: 10
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August 04, 2021, 08:09:00 PM
Different coins serve different purposes. Bitcoin isn't going anywhere except onto the books of every major bank and investment brokerage. Ethereum doesn't need Bitcoin to survive. It's on a completely separate Blockchain. ADA doesn't need ETH for the same reason. Separate Blockchain. BTC is best used as a store of value like gold used to be.
member
Activity: 93
Merit: 11
August 04, 2021, 04:32:33 PM
Recently we all witnessed a great fall of bitcoin in crypto market but it is 'BITCOIN'. We should not ignore its potential. If it touched thirty thousand dollar then it has also touched sixty four. Change is the only constant in this universe. So bitcoin was there, bitcoin is there and it will be . The fluctuations made by the bitcoin made many people rich. I personally feel that one can utilize his/ her knowledge of market  in bitcoin to earn a handsome money.

I personally agree with you. Infact, myself as a crypto native, i am unfazed by short term movements in BTC. If BTC dips more, I'll just keep buying 😁👍
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
August 04, 2021, 04:29:42 PM
Bitcoin is still first and favorite choice because its first currency and people interest is in bitcoin. Altcoin can give you more and high reward but bitcoin is still secure blockchain. Whenever we talk about cryptocurrency to accept as a payment fir daily use first currency is Btc.
Bitcoin is in great demand because of its limited number, many supporting investors, unique and also it is a very innovative alternative side by side with fiat currencies. We know that both fiat and cryptocurrency have their advantages.
Bitcoins are like gems in the world of fintech, bought for collection and storage. This is due to the ineffectiveness of Bitcoin being used for daily transactions.
jr. member
Activity: 137
Merit: 1
August 04, 2021, 02:41:56 PM
Recently we all witnessed a great fall of bitcoin in crypto market but it is 'BITCOIN'. We should not ignore its potential. If it touched thirty thousand dollar then it has also touched sixty four. Change is the only constant in this universe. So bitcoin was there, bitcoin is there and it will be . The fluctuations made by the bitcoin made many people rich. I personally feel that one can utilize his/ her knowledge of market  in bitcoin to earn a handsome money.
full member
Activity: 1358
Merit: 104
August 04, 2021, 01:12:18 PM
Yes, Bitcoin is still favourite choice in crypto. When you want to choose coin then I think, Your first choice in Bitcoin. Bitcoin is most popular crypto in the world. Few years ago Bitcoin price was too low like $5k-$12k But It's average $38-$40k +.Bitcoin is reach to rank number 1. So i think bitcoin price will be more rise in future! 
full member
Activity: 1190
Merit: 100
August 04, 2021, 12:41:10 PM
Of course Bitcoin is the number one currency in my personal view and storages. I already invested and always seeking to invest in only Bitcoin and Bitcoin derivatives. I am a good investor who already invested only Bitcoin from 2017....
If you want to choose a good coin, you must give preference to Bitcoin as it is the most expensive and popular currency in the world till date. So far different countries of the world are direct And indirectly familiar with Bitcoin. Bitcoin has already been accepted by many countries around the world, but some countries have opposed it but have not been able to suppress its popularity.
sr. member
Activity: 1274
Merit: 293
August 04, 2021, 08:27:23 AM
Of course it is the favorite choice, it wouldn't be at the top of the market if it's not popular or it's popularity is wavering, I think the reason for it's continued popularity is because it's the pioneer for this market and it has become a staple term when someone thinks of cryptocurrency, they will likely if not almost answer bitcoin when asked something in relation to cryptocurrencies.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
August 04, 2021, 06:19:24 AM
until whenever bitcoin is still the favorite choice for us to make an asset, because the value of bitcoin is much better than all other coins, altcoins, eth etc., I'm sure everyone on this forum will definitely choose bitcoin as their favorite asset, bitcoin has been growing for a long time almost 10 years, while other coins only appeared after bitcoin developed..
As the first ever cryptocurrency, Bitcoin will always be the most sought after coin by investor, The quality of bitcoin is unquestionably the number one coin in the world. Over the last 10 year, no single coin has been able to replace bitcoin position as the king of cryptocurrencies. Despite the various negative issues that hit bitcoin, but bitcoin is still a favorite for future investment.
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