Topic: Bitcoin is still the favorite choice - page 4. (Read 2434 times)
At the beginning of 2021, Bitcoin earned enough eyeballs last year. Bitcoin's huge market value and rising price made Bitcoin unable to be ignored in the public eye. Bitcoin can be accepted because of its characteristics: decentralization Globalization, anonymity, difficult to modify, attracting more and more people interested in Bitcoin, we trust Bitcoin, it is the safest investment.
During the growth of Bitcoin, so-called experts have announced countless times that it is about to die, but every time Bitcoin grows wildly to prove its value, it will lead the general trend in the encryption field in the future. Altcoins are just a substitute for Bitcoin. Most of them are used for speculation, and Bitcoin can be expected in the future.
yes, bitcoin is my best choice, instead of me saving money to put in bank or buy real estate, i will choose to invest in bitcoin which will help me get profit much faster much better
I think bitcoin demand will be never finished, people are now day by day getting more excited for bitcoin and now people are see dream with bitcoin. Because now many trader also start trade after see bitcoin market.
Indeed, bitcoin will always have more demand than past time and adoption will increase day by day. Not only this, more institutional investors are adopting bitcoin which is great for all traders. But every traders should be aware of the correction/bear market and should trade carefully so that traders can make profits at any situation as market won't be on bullish mode forever. Also, DCA is great for long term hodlers as per bitcoin's overall trading chart. 
I think bitcoin demand will be never finished, people are now day by day getting more excited for bitcoin and now people are see dream with bitcoin. Because now many trader also start trade after see bitcoin market.
More people are getting into Bitcoin everyday, is gaining popularity everyday. The demand for bitcoin won't fall, rather will rise. Bitcoin is growing, and those who are investing now will definitely profit from it, in the nearest future. Despite the fall in the price of bitcoin, is still the favorite choice of majority. Because it will surely bounce back and hit a high price. I have gathered opinions from my colleagues and fellow crypto enthusiasts and we all agree that Bitcoin is still the choice of investment. If you come think of it, it has survived all the difficult problems it has faced all throughout the years. In my opinion, the times when Bitcoin is an unknown asset is over and many many people all over the world knows about it and wants to participate in it. You see that the price has been stable for the past months and did not fall down to the 20,000 range. That is showing how resilient Bitcoin is when it comes to price decrease.
I also believe that bitcoin is an excellent investment, particularly now that it has crashed and is so inexpensive to acquire. Bitcoin has demonstrated time and time again that it will provide you a profit every time bitcoin halving occurs. Many people already trust Bitcoin because many of us have invested in it over the last few years. So, unless you're not truly interested in bitcoin, there's no reason not to trust it.
I have gathered opinions from my colleagues and fellow crypto enthusiasts and we all agree that Bitcoin is still the choice of investment. If you come think of it, it has survived all the difficult problems it has faced all throughout the years. In my opinion, the times when Bitcoin is an unknown asset is over and many many people all over the world knows about it and wants to participate in it. You see that the price has been stable for the past months and did not fall down to the 20,000 range. That is showing how resilient Bitcoin is when it comes to price decrease.
I also believe that bitcoin is an excellent investment, particularly now that it has crashed and is so inexpensive to acquire. Bitcoin has demonstrated time and time again that it will provide you a profit every time bitcoin halving occurs. Many people already trust Bitcoin because many of us have invested in it over the last few years. So, unless you're not truly interested in bitcoin, there's no reason not to trust it. 
Bitcoin has got the first mover advantage. There are many other good projects out there who are catering a whole new demand and offering solutions to it. Bitcoin is a store of value, ETH is good for smart contracts. Similarly, other coins have their own use cases.
The presence of bitcoin and cryptocurrencies has made a big change, the daily transaction volume of more than $ 100 billion makes many people profit, and of all the cryptocurrencies that exist, of course bitcoin is the first choice, this is because keeping bitcoin is always profitable.
Bitcoin has got the first mover advantage. There are many other good projects out there who are catering a whole new demand and offering solutions to it. Bitcoin is a store of value, ETH is good for smart contracts. Similarly, other coins have their own use cases.
I have gathered opinions from my colleagues and fellow crypto enthusiasts and we all agree that Bitcoin is still the choice of investment. If you come think of it, it has survived all the difficult problems it has faced all throughout the years. In my opinion, the times when Bitcoin is an unknown asset is over and many many people all over the world knows about it and wants to participate in it. You see that the price has been stable for the past months and did not fall down to the 20,000 range. That is showing how resilient Bitcoin is when it comes to price decrease.
It still have lots of future especially this pandemic wherein other investment like stock falls, btc rise. Soon being the future money it will be able to reach more ATH when the market recovers or when adoption happens.we see how it is able to conquer the market and arise among top companies when it comes in volume as most invested. Still risky but worth the wait. Lucky we are who was able to know btc early. 
I have gathered opinions from my colleagues and fellow crypto enthusiasts and we all agree that Bitcoin is still the choice of investment. If you come think of it, it has survived all the difficult problems it has faced all throughout the years. In my opinion, the times when Bitcoin is an unknown asset is over and many many people all over the world knows about it and wants to participate in it. You see that the price has been stable for the past months and did not fall down to the 20,000 range. That is showing how resilient Bitcoin is when it comes to price decrease.
I think bitcoin demand will be never finished, people are now day by day getting more excited for bitcoin and now people are see dream with bitcoin. Because now many trader also start trade after see bitcoin market.
Bitcoin still now popular cryptocurrency in the world but some countries already banned Bitcoin mining and uses i.e China republican countries already taken actions against bitcoin mining qns uses.
I think bitcoin demand will be never finished, people are now day by day getting more excited for bitcoin and now people are see dream with bitcoin. Because now many trader also start trade after see bitcoin market.
The crypto market is largely part of Bitcoin, but there are thousands of other cryptocurrencies. For Bitcoin maximalists it is clear: Bitcoin is and will remain number 1 and Altcoins are just bad copies. With Altcoins, big profits are possible at best, but they are more for speculation. Bitcoin is there to advance acceptance and many altcoins destroy it again. There are enough examples. If there were only bitcoin, it would be a completely different market.
You said it. In deed, Bitcoin is King of crypto empire now and will remain in coming months and years because it is most De-centralized crypto and its supply is very limited, that is why it can potentially rise to Million Dollar as predicted by many crypto Market experts.. Ethereum #2 crypto is also good with very strong use case but its supply is unlimited and some how controlled by few people.
Being limited in supplies and have a much wider scope of supporters, the price may go up without any limits, depends from how the law of suppy and demand works.
Though decentralized, that's question lingering as most government are tracking users once they are going to exchanged it to their fiats.
You need to have your own understanding as you go further investing to this venue of investment.
I totally agree with you yesterday that China banned bitcoin but China's ban had no effect on big companies. The proof is that there are still big companies adopting bitcoin. It's proven that bitcoin is getting phenomenal and like you said bitcoin is a very good asset for the future.
I don't think it's like that, because basically due to the Chinese ban some time ago it caused a pretty decent decline because even with this Bitcoin experienced a pretty drastic decline, and to some extent it would affect these companies (who adopted Bitcoin).but the reason they still survive is because they see the fundamentals of Bitcoin itself, because I, who is still an ordinary trader, really believe that Bitcoin will continue to grow, especially those who can see opportunities far ahead.
Besides that, now only China has banned it because there may be several reasons, which in fact we all know where the reason is headed. but a lot of countries whose economies are above average still adopt and don't ban Bitcoin for circulation that's why they still have a huge opportunity to develop that adoption
The crypto market is largely part of Bitcoin, but there are thousands of other cryptocurrencies. For Bitcoin maximalists it is clear: Bitcoin is and will remain number 1 and Altcoins are just bad copies. With Altcoins, big profits are possible at best, but they are more for speculation. Bitcoin is there to advance acceptance and many altcoins destroy it again. There are enough examples. If there were only bitcoin, it would be a completely different market.
You said it. In deed, Bitcoin is King of crypto empire now and will remain in coming months and years because it is most De-centralized crypto and its supply is very limited, that is why it can potentially rise to Million Dollar as predicted by many crypto Market experts.. Ethereum #2 crypto is also good with very strong use case but its supply is unlimited and some how controlled by few people.
No wonder if most of people still put most of their money into bitcoin because bitcoin is the pioneer for any other altcoins. Being the first in cryptocurrency it means a lot and most of the alts still following the bitcoin move. So no wonder if bitcoin still become the favorite. I personally, 70% of my portfolio is dominated by bitcoin and the rest is ETH and Cardano.
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.
Agree, in addition, bitcoin is the origin of this market, in other words, bitcoin has formed a market, a modern blockchain industry as it is today. It must be supported in all forms along with the first decentralized legacy without any leader. If there is a leader, it is not free and easy to change according to the regulations. Bitcoin is separate, strongest security, unique!
I think this is the first priority for everyone . It will be always . Even when the bitcoin price cross its lower limit still it has the best market cap and demand in the market. That's why people call this a king of market.
Bitcoin started all this, it gave birth to cryptocurrencies, a lot of people who heard about crypto, the first thing they know is bitcoin, that's how it is, and if bitcoin price goes down everyone knows that others will too, it's like bitcoin is controlling the market, i think it will still be the favorite to a lot of people in the upcoming years as well. Naturally this happens because of herd mentality and because you read about it or someone gave you a brief background and ended up saying something in the lines of bitcoin is the number one coin, you won't think twice upon hearing this... and all you will want is bitcoin.
But once you have spent some time knowing how the crypto ecosystem is built and how btc got to that spot....btc won't always be your favorite!
You got a point but....But once you have spent some time knowing how the crypto ecosystem is built and how btc got to that spot....btc won't always be your favorite!
this isnt something like herd mentality but rather you can really see that there is really that main demand and it wont really be staying up on the peak spot if that just been driven with hype of something like that.
Its true that if you do look for some alternative then it cant really be denied that there are really some good altcoins in the market which is alternative to bitcoin which its obvious seeing on its name itself.
This market had been led by Bitcoin but we should always think about the risk that it can be possibly be replaced anytime soon.So it do really varies.
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