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Topic: How strong is Bitcoin compared to others cyptocurrency? (Read 3481 times)

legendary
Activity: 1624
Merit: 2481
Bitcoin is pretty strong compared to others cryptos.
Bitcoin has a market cap of 93 billion $, ETH (2nd highes market cap) = 31 billion $.
Those 2 coins, together, represent more than 90% of cryptocoins (in terms of market cap).
With Bitcoin leading this statistic, you can be pretty sure Bitcoin is "quite strong" compared to other cryptocurrencies.

If you want to look for the exact Numbers, you can look here: https://coinmarketcap.com/coins/
newbie
Activity: 6
Merit: 0
I think dumping your money into bitcoin is a good idea that would defy the literal meaning of "dump". By just looking at the chart, bitcoin is undeniably keeps its market value rising which brings reality to some who predicts that its value will reach 5K before this year ends.
But i don't think its the right time to invest bitcoin today when its value is too high. Cheesy
But you can wait and watch its course,and to understand when is the best time to do it.
newbie
Activity: 6
Merit: 0
I think bitcoin is the most stable and the strongest while the crypto currency on the market.
full member
Activity: 518
Merit: 101
I think dumping your money into bitcoin is a good idea that would defy the literal meaning of "dump". By just looking at the chart, bitcoin is undeniably keeps its market value rising which brings reality to some who predicts that its value will reach 5K before this year ends.
But i don't think its the right time to invest bitcoin today when its value is too high. Cheesy
full member
Activity: 602
Merit: 100
Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley
yes..as a new one to electronic currency field..studing is the best way to prevent losess.these days there are large drop of bit coin price.tm my mind it may be temporal.bit coin is the leading first cryptocurrency which has hugh growth since 2009.so there should be no chance to drop it further more..i hope price will be rise in soon future.so dont afraid to invest for bit coin.if you followed recent economic news/media briefings..you can stydy more about bitcoin.

Of course bitcoin is the strongest of all cryptocurrency because its the first to be created.This is should be respected because its the first and  should always be the strongest of all cryptocurrency.Since bitcoin  is created many other cryptocurrency has been created.So i should say that bitcoin is the strongest of all cryptocurrency.
full member
Activity: 196
Merit: 102
CV proof..best project 2018
Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley
yes..as a new one to electronic currency field..studing is the best way to prevent losess.these days there are large drop of bit coin price.tm my mind it may be temporal.bit coin is the leading first cryptocurrency which has hugh growth since 2009.so there should be no chance to drop it further more..i hope price will be rise in soon future.so dont afraid to invest for bit coin.if you followed recent economic news/media briefings..you can stydy more about bitcoin.
hero member
Activity: 2268
Merit: 789
Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley

Easily comparable by using price as a basis when comparing bitcoin to other cryptocurrencies. Also do note that bitcoin is the first ever "decentralized cyptocurrency" and was made last 2009 by Satoshi Nakamoto. Bitcoin's existence has evolved and influenced other cryptocurrencies as well and this is the reason on why many of it are starting to develop by this year. Lastly, bitcoin's influence has a scope of around the world and the number of users are increasing per day due to its volatility that can yield profit by short amount of time compared to any other investments.
Ctn
sr. member
Activity: 644
Merit: 259
There is only one sure coin that will last forever and that's bitcoin. This statement will tell you pretty much about the bitcoin. So yes definitely bitcoin is worth considering your money to put onto stake. There are many coins off course which are as good s bitcoin. They will give you chance to earn hundred times sometimes because they gave initial value of cents and can be pumped to dollars or so which leads to increased margin for selling. In case of bitcoin you may lack that advantage as bitcoin won't go that high immediately and you will have to wait for long. BUT bitcoin is more certain about its incriminating order as compared to other coins. So go ahead and dump some money into it. :-)


legendary
Activity: 1582
Merit: 1059
Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley


I can only give you my personal opinion, and please do not take it an investment tip. I'm not a finance adviser and I'm risking my own money here, and I know I can lose it. For me I would go for bitcoin, it was the first one, it has a great team behind it, if has the biggest community, and it already has a lot of money invested in it. If BTC would fail right now, I think all the other coins would just follow it. In the future I don't know of course.
Also, from an evolution point of view, I think it has the most potential as well (lightning network, atomic swap, are just a few things that will probably come). As for the investment itself, I would see it as a long term investment. Buy what you can and then just hold them. If you are a good trader, I think any coin will do actually, but for holding I would go for BTC.
sr. member
Activity: 490
Merit: 255
Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley

Absolutely it'll be the safest as it's actually sound money because of it's immutable ledger and scarce amount, unlike other speculative assets out there.
sr. member
Activity: 420
Merit: 256
اللعنة
Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley
I can't say that bitcoin is the safest. Actually, there's no SAFE in cryptocurrency if you are referring to ALWAYS PROFIT and NEVER LOSE. Cryptocurrencies, just like the real money, have changing values from time to time. No one can say what might happen next.

The good thing about bitcoin is that, base on its record in the past years, its value is increasing. Bitcoin is indeed the best cryptocurrency for me. The second most valuable cryptocurrency, ethereum, is way far from the value of bitcoin (about 14.3x the value of ethereum).
full member
Activity: 266
Merit: 105
Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley
bitcoin will always be the highest value among cryptos at least but in terms of profitability most of alt coins are much more better since they pump at a point they doubled or tripled themselves while bitcoin does not but as i say it is the highest value among them all. To answer your question, yes since it will be relatively higher most of the time, but other cryptos will become obsolete after their hype.
full member
Activity: 532
Merit: 101
Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley
It is the actually the safest and strongest form of crypto right now, since it has been in the game for so long, it has been through a lot of obstacles and has been able to stand strong irrespective of that.
full member
Activity: 247
Merit: 101
OPEN GAMING PLATFORM
Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley

Bitcoin has proven its strength with the past years of its existence and as you can see, Bitcoin is still standing tall and proves other wrong. If you are asking about the profitability, then Bitcoin is not the way to dump your money. Try some alts that are with good quality and a great applications. That would be much profitable compared to investing in Bitcoin.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley
I can assure you that investing in Bitcoin will be safer and more profitable than other Altcoin's when it is still leading the digital money list and is thought to be the common digital currency. To change from other Altcoin types
hero member
Activity: 1680
Merit: 655
Bitcoin has advantage over other cryptocurrency since it is the pioneer,
Well you are mostly correct about that part, being the first currency to be ever offered in the cryptocurrency market gave Bitcoin an advantage to people's awareness. Often they will see or hear about the word "Bitcoin" first before even hearing the word "cryptocurrency" which means Bitcoin is what always came to people's mind. From acceptance of sellers, it is the mostly accepted cryptocurrency in terms of being a mode of payment, and that advantage was obtained from being the most popular cryptocurrency out there.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley
Well in terms of price, trust, history, popularity, volatility and acceptance in some national banks and international merchants it is no other than Bitcoin. People arround the world believe and invested large ammount of money into BTC than any other coin from time to time. Altcoins I think are only good for short term  investment and BTC is for long term investment. I haven't heared also about local merchants that accept altcoins only BTC nor see an altcoin atm in my country but has atm for BTC. So all in all BTC will be the winner.
member
Activity: 109
Merit: 10
Bitcoin has advantage over other cryptocurrency since it is the pioneer,
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
There is no safe bet when it comes to cyptocurrencies. especially recently with all the volatility and the upcoming changes in the next month its imperative that you do as much research as you can before investing. If you were to ask me though, long term I would definitely invest. Short term, I wouldn't invest right now with all the uncertainty as the where the price is going after August 1st and which coin to buy. But the number 1 rule with investing, especially in cryptocurrencies ,is invest money you aren't willing to lose.
It is true that all form of crypto-currency have a risk on type of its system so the best thing to do if your going to start on working on the crypot-currency world is to start on bitcoin. Bitcoin is the strongest of all crypto-currency in terms of its price in the market that can be earned by many ways. Just consider on applying on a signature campaign that is actually a good start for you because you could actually earn and learn at the same time.
sr. member
Activity: 1372
Merit: 255
Just my own opinion, I think Bitcoin is so strong because it happened to be the first crypto currency coin. Dont get me wrong, but I guess if Monero or LTC was the first crypto. It will be as strong as Bitcoin now.
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