How strong is Bitcoin compared to others cyptocurrency? - page 7.

slapper

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Quote from: xskl0 on August 08, 2017, 05:37:49 AM

Bitcoin is the original cryptocurrency and exist since 7 years ago. Other cryptocurrencies can be successfull too but Bitcoin will probably be ever more trusted by investors.

It does not prove that bitcoin is stronger than other cryptos Wink

moreover, bitcoin has already existed more than 9 years. Bitcoin is the prototype cryptocurrency and therefore, it can not be as strong as other new cryptocurrencies. ethereum, litecoin, zcash are much more stronger than bitcoin Wink

You need to spend more time to learn about the crypto currency world Wink

sunneybitc

newbie

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Bitcoin created the new trend of the crypto currency,bitcoin is very famous than other currencies.this price is very high,number of countries legalized the bitcoin.this is decentralized currency.bit[Suspicious link removed]d investment in the market,we can do transactions through the internet.these above things makes the bitcoin is very strong.

xskl0

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Bitcoin SV is Bitcoin

Bitcoin is the original cryptocurrency and exist since 7 years ago. Other cryptocurrencies can be successfull too but Bitcoin will probably be ever more trusted by investors.

Alice Nuttal

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Currently Bitcoin is stronger than altcoins because people trust it more. Trust, I think, is the most important attribute for Bitcoin on the market. Thus people are more open to invest in it. Although it doesn’t mean that there are no promising altcoins out there. As for me, Ethereum also has a great future. But, for now, Bitcoin has a vast credibility that entails all the cryptocurrency market.

lizardbtc

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

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!

Yes bitcoin is somewhat the safest. But do note that here in cryptocurrency world no investment is "safe".
Please read about UASF and the August 1st happening because if you are looking to enter and buy some cheap coins this is the right time I will buy some myself at this time as the price is expected to drop. Don't take my words for granted but search and find your own conclusions.

Also most of the alts are traded only through bitcoin, many merchants accept it and most people think of bitcoin as the only cryptocurrency. In my opinion alts can bring higher returns with higher risk of course. If you are looking to invest in the number 1 rule : Don't invest more than you can afford to lose.

adsterAT

newbie

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Don't dump it into anything, do some reading first. The wording you use indicates you have insufficient knowledge on the topic and a good research would do you good.

Good news is that you are in the right place - this forum. Now, go do some heavy lifting, read and learn, develop an instinct. And trust it

.

speem28

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Well, I think you know that Bitcoin is the best and well known cryptocurrency out there, so I know you have pretty much idea how strong bitcoin really is. Even for a newbie, it is common knowledge for that, even doing a little bit research will suffice. But if you ask me, if you want to invest now in bitcoin, I'd say it is not really a good time for that now, better if you wait after August 1 and see if what will happen to bitcoin.

arpon11

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Compared to others cryptocurrency bitcoin is still the best coin you can invest you money into. If you are a professional trader in stock, commodity and forex you will understand the terms major coin. Bitcoin is like dollars to every other coin because is serving as a gold standard for every other currencies in cycle.

Adbitco

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If you have already made up your mind to invest your money in cryptocurrencies then invest in the best one that is bitcoin. It's no secret that people who made an investment in bitcoin in the past have gained huge profits on their investment and it's still true make an investment in bitcoin today and you will make good money with it in the future notwithstanding bitcoins current crisis the prices of bitcoin has to go higher and higher.

nejibens

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

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!

All the altcoins , including the highly used nowadays, are depending in the Bitcoin, and the bitcoin's potential is a lot more promising than all the other crypto currencies. Thats why i believe investing in Bitcoin is always the first choice. But you can diversify your investment if you will start with good budget.

StevenRA

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Generally speaking I think that cryptos are only going to become more important in the future, and bitcoin is well-placed to be one of the most valuable. Having said that, in the short term it may continue to drop, so if you're looking to buy and make a profit short-term it might not work out. Long-term it's as solid as they come.

CARrency

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

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!

Bitcoin is a digital currency with a high volatility, that means it has no certain price and it changes every single minute. So if you will be putting your money unto bitcoin, you must accept the fact that it will not be having a good profit because as I said, it changes it's price, maybe having a dump or a pump. But if you will be investing your money and wait for a certain amount of time, I think it will be worth it.

audaciousbeing

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Quote from: Latrix on July 13, 2017, 05:44:58 AM

thanks for all the replies. it was helpful. but if there is risk in cyptocurrencies, other then bitcoin, which is the most best option to invest besides bitcoin. Will be better if there is a second opionion.

If that is the case, then there wont be a generally accepted parameter because every other interest in alt coin is based on subjectivity i.e depending on where each individuals aligned to and sometimes could be on the basis of the coin developed. In short the bulk of the work will be done by you in analsying various suggestions put forward because the ultimate decision rests on you which means the outcome whether positive or negative will also be borne by you. Dont be lazy to do your won research.

itsallpc

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

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!

Yes.Out of all crypto currencies,bitcoin is the pioneer.It works on a secured block chain system.It is a decentralized currency and so it could not be controlled by any banks or governments.It has investors world wide and it is even legalized in japan.Its price is expected to rise high after segwit activation.So it could be bought with confidence.

Latrix

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thanks for all the replies. it was helpful. but if there is risk in cyptocurrencies, other then bitcoin, which is the most best option to invest besides bitcoin. Will be better if there is a second opionion.

ploki180

newbie

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I agreed with this before anything else one should have a thorough knowledge towards bitcoin first, know a safe earning with it, the safest wallet that you can provide with bitcoin, the safest trading to make with your bitcoin and always read the news on whats happening or what is about to happen with bitcoin, because that is the key to keep you inform with the movement of bitcoin, then now you can surely put something in other Cryptocurrency for other kinds of earning.

hajimasan

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

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!

No problem at all , if your investment is in the Bitcoin then I don't think that there is anything that will result into loss because once you will invest and if once the price get down then you don't need to worry much because the price will again get jump surely .
So there is 0% risk to invest in Bitcoin .
Allover if you invested in the Bitcoin then you can use your Bitcoin to increase by amount more in the trading .
Since trading is a risky job but still there always remain chances to get your investment back with the return of lot of profit ( may be can take one year , as in my case for the investment in the doge coin ) .
So overall not a risky thing but a special thing to understand and wait until you get profit in suitable amount .

Wind_FURY

legendary

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

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!

It is the strongest. It has the most hash power making it very secure, the developers are among the best in all of cryptocurrencies and it still has a lot of room for developing further.

The negative part is the politics. There is too much infighting and too much drama from within the community. The group of people that will destroy Bitcoin are the people from within.

If you plan to invest, wait for what happens after August 1.

Kakmakr

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It has the biggest network of merchants that accepts bitcoins as a payment option. It also has the biggest amount of nodes < The biggest decentralized network in the world > and it has the most hashing power backing it's mining of all Crypto currencies out there. It has been the most secure Crypto currency since 2009 < So it has the best track record for security > For the last two years, it has been the best performing currency/commodity globally. ^smile^

jualidbitmixer

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Quote from: Latrix on July 12, 2017, 11:29:05 PM

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!

Other cryptocurrency also good to invest though, it's depend on the market itself. In my opinion bitcoin is not always safe to dump your money into it. Especially Segwit is really coming soon and by looking at the price of bitcoin right now, careful about that.

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