Bitcoin is still the favorite choice - page 6.

taufik0911

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Quote from: XUNing on July 13, 2021, 09:09:14 PM

Bitcoin has existed for a long time and has indeed withstood the test of time. Bitcoin has been recognized and accepted by more people, and more users choose to invest in Bitcoin. The circulation of Bitcoin is getting better and better, and the demand for it is increasing, but the total amount of Bitcoin is fixed and scarce. This kind of supply and demand relationship will increase the value of Bitcoin.

I think otherwise this is the right time to speculate and also do short-term trading a matter of hours or days to get a profit even though the profit is not big but it's better than waiting for the moment to buy which takes a bit longer
for me, it is more advisable to do mining at this time because your money will spin faster while waiting for the moment to get the best price.

Maslate

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That was obvious as we all come in crypto looking for Bitcoin, not altcoins to invest. And despite the number of altcoins are growing and the surge of market competition, Bitcoin still remain on top and continue to dominate the market. This can never be changed and that was clear to see that the altcoins are still dependent on Bitcoin. Of what had Bitcoin does for several years, it gives a reason why the community will choose this coin despite the fluctuating price and sometimes long confirmation of the transaction, and also high fees.

sherenikaw

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It is true that btc is still the top choice of investors in crypto investing and will continue to be so. Therefore the price of btc is increasing and continues to rise from the beginning. I think the price will keep going up if more people want it. The ups and downs of btc prices have become commonplace which also affects the crypto market. When the price of btc fell, some altcoins also fell, although some were still stable. Investing in btc is a profitable thing if we can manage it well. It has been proven since its inception until now bitcoin is everyone's dream crypto.

taufik123

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Quote from: DibiaVxosis on July 16, 2021, 02:48:26 AM

Bitcoin will always be the favorite cryptocurrency as it builds trust for it's investors, bitcoin is volatile no doubt but at least it doesn't fluctuates like most altcoins, bitcoin has faced lots of challenges over the years and conquered so this alone build the love and trust people have for bitcoin, even in times like covid 19 where movement was restricted people had no means of survival but those in this crypto space could make earnings from buying low and selling high

Buy low and sell high. It looks very simple and easy. But not as easy as imagined. Bitcoin fluctuations make some novice investors worried about the falling price of bitcoin. They already bought at a high price. Bitcoin's ATH hit $65k and is now down to 50%, this will be very worrying for those buying at peak prices. Bitcoin is indeed a favorite because it is the main benchmark for other altcoin prices. Bitcoin affects all altcoin prices. For experienced investors or traders, every price movement will result in a profit.

DibiaVxosis

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Bitcoin will always be the favorite cryptocurrency as it builds trust for it's investors, bitcoin is volatile no doubt but at least it doesn't fluctuates like most altcoins, bitcoin has faced lots of challenges over the years and conquered so this alone build the love and trust people have for bitcoin, even in times like covid 19 where movement was restricted people had no means of survival but those in this crypto space could make earnings from buying low and selling high

Lorence.xD

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Quote from: nhaila on July 15, 2021, 02:28:55 PM

Of course Bitcoin still be a favorite choice for all classes of people because In coronavirus pandemic situations all people are in lock down and they are interested themselves in passive income and Bitcoin a good source of passive income.

That's because it's the representative of cryptocurrencies and it's the first of it's kind so it's the most like thing that people would recognize first more than anything else. I don't think though that bitcoin is a good passive income because either trade or you hodl on it for a long time.

Mr.sprin

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Quote from: nhaila on July 15, 2021, 02:28:55 PM

Of course Bitcoin still be a favorite choice for all classes of people because In coronavirus pandemic situations all people are in lock down and they are interested themselves in passive income and Bitcoin a good source of passive income.

I agree that during a pandemic like this we all don't leave the house and are required to work at home so investing in bitcoin or other alcoin investments is the best choice, if I only work at home join bounty hunters to get coins.

Kulkhan

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Bitcoin is Wonders of world economy i strongly believe it. Bitcoin is world's first open-source cryptocurrency which known as the decentralized digital currency. Day by Day Bitcoin Capturing total Economic sectors. Such a time will come when we could not think anything without Bitcoin. I believe still Bitcoin is first favourite choice of all cryptocurrency lovers. And day by day Bitcoin's popularity will increase. Now still mining Bitcoin it will continue till 2140. After completed mining Never Bitcoin will made then it will be more choiceable And Bitcoin will be a legal digital currency all over the world.

nhaila

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Of course Bitcoin still be a favorite choice for all classes of people because In coronavirus pandemic situations all people are in lock down and they are interested themselves in passive income and Bitcoin a good source of passive income.

molsewid

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Quote from: XUNing on July 13, 2021, 09:09:14 PM

Bitcoin has existed for a long time and has indeed withstood the test of time. Bitcoin has been recognized and accepted by more people, and more users choose to invest in Bitcoin. The circulation of Bitcoin is getting better and better, and the demand for it is increasing, but the total amount of Bitcoin is fixed and scarce. This kind of supply and demand relationship will increase the value of Bitcoin.

Bitcoin still and always the traders and investors favorite choice and even if the price to own a single bitcoin in your is definitely costly many were still dreaming to have it in their digital or hardware wallet. This token have had already proven the worth to hodl this even for a quite long term because it is worth to hodl and the prize of having a patience to hodl it for a long term is definitely a good return of investment, this is the most widely known cryptocurrency and bitcoin became the face of crypto.

taufik0911

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Quote from: KennyR on July 14, 2021, 08:16:46 AM

Bitcoin as an innovation out of the blockchain technology have overcome lots and lots of hurdles. During this time period since it's existence it has died on several occasions. Upon such activities and progress out of such incidents it has grown tremendously. More other cryptocurrencies that are into usage during its beginning days are not in usage at present. This is the major reason why Bitcoin is the favourite choice for majority of the cryptocurrency hodlers.

it's true that bitcoin is a pioneer of cryptocurrency, bitcoin is indeed a favorite of investors because when it is projected its circulation is coupled with the potential for profits to make medium to long-term investments that are very large
but in my opinion bitcoin is not the best choice for cryptocurrency because bitcoin is still a beta version or a stuck cryptocurrency can't be developed anymore by the developer

Btcvilla

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although there are still many who prohibit bitcoin in a country coupled with the drop in the price of bitcoin, it does not make people lose confidence in choosing a business to invest in, the reason bitcoin is still a favorite is the buying and selling process which is still very transparent and open, in particular for beginners.they can see firsthand the process of ups and downs of a price against bitcoin and can be observed directly by its businessmen

mrongoz22

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Quote from: clint25n on July 14, 2021, 11:41:07 PM

bitcoin will always be the favorite.choice for the business world, especially young people who are very enthusiastic in the business world who are starting to be loved.by all circles.and the business is very transparent.and open to investors in terms of seeing the selling price and buying price for a person. the investor, then from there.that his performance is still very favorite.for a business that is trending at its time

it's true as you said comrade, bitcoin is still the favorite choice, because most of us must be very difficult to find jobs, especially coupled with the pandemic which is increasingly destroying the economy, so the only choice is to play in crypto to be able to provide for our families us, krypto will always be the first choice, for us middle class..

clint25n

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bitcoin will always be the favorite.choice for the business world, especially young people who are very enthusiastic in the business world who are starting to be loved.by all circles.and the business is very transparent.and open to investors in terms of seeing the selling price and buying price for a person. the investor, then from there.that his performance is still very favorite.for a business that is trending at its time

masterrex

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IMO, I believe it is and it was no doubt about it, the first thing is Bitcoin as a pioneering cryptocurrency exert a deep influence throughout the industry, the second thing was Bitcoin has the largest share of the pie in the Crypto Market Capitalization, and maybe it was the main reason why many new investors are still choosing Bitcoin as a coin choice for investment compared to other cryptocurrencies in the market. That's why it has no doubt Bitcoin still the favorite choice for investors.

KennyR

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Bitcoin as an innovation out of the blockchain technology have overcome lots and lots of hurdles. During this time period since it's existence it has died on several occasions. Upon such activities and progress out of such incidents it has grown tremendously. More other cryptocurrencies that are into usage during its beginning days are not in usage at present. This is the major reason why Bitcoin is the favourite choice for majority of the cryptocurrency hodlers.

imstillthebest

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Quote from: Kelvinid on July 13, 2021, 04:20:50 AM

Quote from: imstillthebest on July 13, 2021, 01:31:32 AM

Quote from: Hippocrypto on July 12, 2021, 06:59:21 PM

It cannot be denied that bitcoin is the first pick of everybody, and while the situation isn't back to where it was let's all save every coins and don't waste it for non sense. Popularity kept growing despite of every challenges, that why my I am devoted to hold bitcoin and made it a priority of all my holdings. Though I had some altcoins, but this currency made me learned a lot of financial literacy as I got older in crypto.

we can go back mate to the time where btc price is cheaper but not to the time where btc is valued at a cent or lower than that because not all are willing to sell all thier btc's but this shouldnt be a reason to recklessly spend our btc because waiting times could be much longer than what we are expecting .
also not all that who know crypto has chose btc first but they will soon realized it that btc is more valueable than any other coin .

The truth is that they will never choose Bitcoin until such a time that someone could prove it. The word Bitcoin and cryptocurrency, in general, has been known on the internet. It comes to this time that most of people are having interest in Bitcoin and it becomes their favorite because of its price, not how it is valued in our lives and in the future. Well, they are right as we can really make money from investing in Bitcoin far from how altcoins can give us.

we are a proof and the time btc spent is another proof that btc is a good coin compare to shitcoins out there.
i have a friend and i recomend btc to him once after he ask for help with crypto investment but he choses the shitcoins because theres another person that gave him advices and he got tempted to the gains made by that guy but he dont end up in the same path. i bet he is regretting now

ropyu1978

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Quote from: XUNing on July 13, 2021, 09:09:14 PM

Bitcoin has existed for a long time and has indeed withstood the test of time. Bitcoin has been recognized and accepted by more people, and more users choose to invest in Bitcoin. The circulation of Bitcoin is getting better and better, and the demand for it is increasing, but the total amount of Bitcoin is fixed and scarce. This kind of supply and demand relationship will increase the value of Bitcoin.

it's true as you said because bitcoin remains strong and survives until now, even though we know a lot of people hate bitcoin, the government also prohibits the use of bitcoin, but bitcoin is still the main choice for everyone, bitcoin has had a lot of positive impacts for us , making our finances even better, so even though the price of bitcoin is now dropping, people are still loyal to bitcoin..

XUNing

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Bitcoin has existed for a long time and has indeed withstood the test of time. Bitcoin has been recognized and accepted by more people, and more users choose to invest in Bitcoin. The circulation of Bitcoin is getting better and better, and the demand for it is increasing, but the total amount of Bitcoin is fixed and scarce. This kind of supply and demand relationship will increase the value of Bitcoin.

AakZaki

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It would be very difficult to explain but one of them is because bitcoin is a crypto currency that was created in the first place. BTC can be called as the mother of all digital currencies today. In addition, a consensus system has been created and people's trust in its value has made BTC valuable to this day. This foundation has been firmly planted for crypto market players, so the value will tend to increase even though it is very volatile.

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