Topic: What's your favorite crypto;Bitcoin (Read 899 times)
Do you know some people doesn't differentiate bitcoin and cryptocurrency, I have observed this severally in some people comment, cryptocurrency have subsections in which we know quite well. Do you know that bitcoin is a digital currency that is decentralized and while people choose to use Bitcoin during this process is because it have a good reputation and potential while others like altcoins some of them doesn't have a potential.
And to be precise, only a few people manage to gain very high returns on these meme coins if they manage to get some value due to the hype they get from the community, those who miss the train, in the beginning, can never be able to get anything out of their meme coin investments.
Mostly, these people are missing the train. They're buying during the hype and it don't last long then that's the time they're being left behind.Lucky those that are always making that much with the meme coins but it's not for everybody. Just like OP praised Bitcoin, there's a room for the majority to get into it.
It's newbie friendly but that doesn't mean you don't need to study it first before investing, you still have to.
My favorite crypto coin is $SHMU based on its fast popularity and roadmap, check it out for you to see and believe. https://shibamemu.com/
That is literally a meme coin, I wonder how people can have meme coins as their favorite cryptocurrency, that to the ones which haven't even got any popularity or gained any significant success and community hype, these coins are nothing more than clones and scams, they are created for the sole purpose of getting some money through investments that people make on them only with the hope that they might become millionaires.And to be precise, only a few people manage to gain very high returns on these meme coins if they manage to get some value due to the hype they get from the community, those who miss the train, in the beginning, can never be able to get anything out of their meme coin investments.
Although first in crypto most people are more interested in investing in altcoins than Bitcoin. When I first started my investment journey I started with Altcoin and at that point became more confident in only Altcoin. There are many people who are more confident to invest in altcoin because it is expensive but never can trust altcoin for long time. There are many altcoins that are most likely to become scams in the future and investors lose a lot of money. But a wise investor will never make such a mistake, he will always be dependent on Bitcoin. Because Bitcoin will not have expensive profit in short time but it is possible to make good profit from it in future. And if you invest in bitcoin there is no risk but you will get good profit in future there is no chance of scam. So my most favorite coin is bitcoin which I prefer most and i choose bitcoin for investment.
It is good for us to have a portfolio of Bitcoin and other altcoins for us to make some diverse profits from the market. Bitcoin is one of the major coins in the market that if we invest in it and the market goes bullish, we are not going to make loses from our investment. Those who had been Bitcoin investors from the start can attest to this that we can make crazy profits from the market if we have the patience to wait and hold our coins for as long as possible for us to make the kind of profits we are looking for. Investment is all about diversifying our holdings not just holding a single coin believing that we are going to make the kind of profits that we are looking for.
Bitcoin is quite a trusted and strong project that we need to hold in the market for as long as the cryptocurrency market exist. What we need to do as a trader or investor is for us to buy and hold or to trade any Bitcoin pairs that we want to make the kind of profits we intended to make. One of the task we need to take is to make sure that we scrutinize the market well before making any financial decisions about any trading pairs we want to trade so that we are not going to make loses.
I think that 80 percent of the answers will be in favor of bitcoin. Everything is quite simple, because most of them have experience with bitcoin. So it looks pretty obvious.
Thats true And not only because they use bitcoins. but so far only Bitcoin has adopted a truly decentralized system. while others are just being decentralized as a facade because in reality the others are majority remain centralized.And lovers of decentralization, of course, all of them will understand the importance of bitcoin and it's only natural that everyone will favor Bitcoin. including me personally in this case which also favors Bitcoin.
I think that 80 percent of the answers will be in favor of bitcoin. Everything is quite simple, because most of them have experience with bitcoin. So it looks pretty obvious.
It seems that everyones investment experiences and personal thoughts determine their choices. Still when we observe, we see that many people invest in Bitcoin. And when Gary Gensler mentioned that Bitcoin there is only one currency that can be considered a commodity, it solidified Bitcoin as my favorite investmant. I would just like to say that Bitcoin is not suitable for short-term trading it is more suitable for long-term trading. In terms of profitability, Bitcoin offers significant returns with relatively low risks.Bitcoin is one of the safest investments for the long term,
with low risk clearly Bitcoin is very feasible for the long term.
I think that 80 percent of the answers will be in favor of bitcoin. Everything is quite simple, because most of them have experience with bitcoin. So it looks pretty obvious.
It seems that everyones investment experiences and personal thoughts determine their choices. Still when we observe, we see that many people invest in Bitcoin. And when Gary Gensler mentioned that Bitcoin there is only one currency that can be considered a commodity, it solidified Bitcoin as my favorite investmant. I would just like to say that Bitcoin is not suitable for short-term trading it is more suitable for long-term trading. In terms of profitability, Bitcoin offers significant returns with relatively low risks.Bitcoin is one of the safest investments for the long term,
with low risk clearly Bitcoin is very feasible for the long term.
I think that 80 percent of the answers will be in favor of bitcoin. Everything is quite simple, because most of them have experience with bitcoin. So it looks pretty obvious.
It seems that everyones investment experiences and personal thoughts determine their choices. Still when we observe, we see that many people invest in Bitcoin. And when Gary Gensler mentioned that Bitcoin there is only one currency that can be considered a commodity, it solidified Bitcoin as my favorite investmant. I would just like to say that Bitcoin is not suitable for short-term trading it is more suitable for long-term trading. In terms of profitability, Bitcoin offers significant returns with relatively low risks. 
Although first in crypto most people are more interested in investing in altcoins than Bitcoin. When I first started my investment journey I started with Altcoin and at that point became more confident in only Altcoin. There are many people who are more confident to invest in altcoin because it is expensive but never can trust altcoin for long time. There are many altcoins that are most likely to become scams in the future and investors lose a lot of money. But a wise investor will never make such a mistake, he will always be dependent on Bitcoin. Because Bitcoin will not have expensive profit in short time but it is possible to make good profit from it in future. And if you invest in bitcoin there is no risk but you will get good profit in future there is no chance of scam. So my most favorite coin is bitcoin which I prefer most and i choose bitcoin for investment.
My favorite crypto will always be Tron,it has a very low transaction fees and it usually not much affected by the crypto-market fluctuations.Most of my funds in Crypto are stored either in usdt or in tron
Are you pretty sure that Bitcoin doesn't come before Tron for you? I mean, all these altcoins exist mainly because of Bitcoin, if there was no Bitcoin created, there wouldn't be any altcoins, so no Bitcoin = no Tron. Any altcoin must definitely be a second choice for everyone in the cryptocurrency universe unless they don't know much about Bitcoin and they have joined the cryptocurrency world only by hearing about that specific altcoin they like the most.Even if we talk about profitability and the risk-reward ratio, Bitcoin stands out tall among the crowd of all the cryptocurrencies that exist, because there isn't much risk when you are holding Bitcoin because you know it won't just face some issue or the team might be spending users' money and the project might fail miserably and investors lose everything. I say that because it has happened on several occasions with famous altcoins.
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Unless for those that were like me (by starting first with Altcoins, but some never stoped altcoining) when I started my cryto journey. Some people with whom I started this crypto journey are still mostly relying on altcoins compared to Bitcoin. The reason is that they see Bitcoin as being too expensive compared to some altcoins, where they can just buy a thousand of them for like $10 and keep daydreaming about how that little investment will turn into a 1000x profit. The truth is that it's better to live in reality than to keep daydreaming that some $20 altcoin investment can yield $20,000 in just a few years or months. When I started this Cryptocurrency journey, it was not initially with Bitcoin, but along the way, Bitcoin became my primary cryptocurrency. Bitcoin is the king of the space and will always be 
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Cheers 🥂, Dr.Bitcoin_Strange 👺👺
.Cheers 🥂, Dr.Bitcoin_Strange 👺👺
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No doubt, Bitcoin has brought nothing but good to our society, the entire societies of the world, bitcoin have indeed changed the way most people see money, through the emergence of bitcoin, alot of jobs have been created, millions of people around the world have achieved financial freedom through bitcoin and other cryptocurrencies..
A testimony as this will never be complete without giving credit to Satoshi Nakamoto, who he is or they are, he or they should always take the credit for this wonderful innovative, I wonder if really any of us will be here today if he or they hadn't come up with the bitcoin and crypto currency idea.
A testimony as this will never be complete without giving credit to Satoshi Nakamoto, who he is or they are, he or they should always take the credit for this wonderful innovative, I wonder if really any of us will be here today if he or they hadn't come up with the bitcoin and crypto currency idea.
Also my favorite coin is bitcoin even this coin always best for who hold long time. But there are many good altcoins which they have own blockchain technology server. Besides that you can buy any top altcoins which price now in dip then sold of profits. Anyway no need to compared discussion so just try your own work.
My favorite crypto will always be Tron,it has a very low transaction fees and it usually not much affected by the crypto-market fluctuations.Most of my funds in Crypto are stored either in usdt or in tron
Not all the people buying bitcoin for your information.Some people get rich by buying the altcoin itself.Because the profit percentage is more on altcoin sometimes,because the price of altcoin is very low to bitcoin.So to the half the price of bitcoin,you can buy maximum amount of bitcoin for your future.Buying the good coins at the ICO is all the better option.Bullish market will get more profit then expected in altcoin.
Yeah, not all are buying but some are only working to earn a Bitcoin. It can be in a sig campaign in the forum, through faucets, etc.. you name it. Also, not all have become rich through Bitcoin. There are lots of ways to achieve it but no doubt Bitcoin is one of the fastest ways. As for the altcoins, where did you get that information?I think those are only fake. They are only created to fool people to invest on those scam altcoins. Only those who got rich in altcoin are their creators. The price of BTC might be higher now than any altcoin but you forgot that the potential of BTC to pump to a higher level is always at the highest level. It's not about quantity that matters here but it's the quality.
Actually many people will you like to choose a particular colour that I have a very big potential so that whenever they invest their money in bitcoin they will not have a lose of hope or a loss of confidence for their investment, that is why many people choose to invest in bitcoin that have reputation and potential
Bitcoin is best as an investment asset over the long term - but diversification is good too. No one is going to force us to invest only in bitcoin while we have to ignore the other potential of altcoin. Remember - not everyone is rich in crypto because of bitcoin, but some of them got it on altcoin too.But so far - I have a higher percentage of bitcoin than altcoin in my investment portfolio. This doesn't mean I don't believe in the potential of altcoin - it's just that I feel more secure with bitcoin in the long term than altcoin. I think it's also good to diversify assets - this is something to consider.
Actually many people will you like to choose a particular colour that I have a very big potential so that whenever they invest their money in bitcoin they will not have a lose of hope or a loss of confidence for their investment, that is why many people choose to invest in bitcoin that have reputation and potential
Bitcoin in particular is the main cryptocurrency of all levels. 100% of people who are related to cryptocurrencies like Bitcoin, mostly young people. Because they like Bitcoin not because of the greed of money, but because of the freedom of money. Bitcoin has been in the cryptocurrency market for almost a century and the news of Bitcoin has reached all the countries of the world. Among them, e-Bitcoin is legal in almost all countries, but in other countries, even though it is officially illegal, almost people secretly use Bitcoin. Which I can already prove to myself. The future of Bitcoin is open, Bitcoin is in circulation in all countries. So this Bitcoin in a few more years I see (future) almost the country will be officially adopted. Bitcoin's victory is assured.
I also personally like Bitcoin and I think Bitcoin investment is very safe.Bitcoin is performing better than any other currency, but there is considerable interest in BTC and Ultra Coin among investors.I think bitcoin will go far in the future. If anyone is considering investing in cryptocurrency, I prefer Bitcoin.
The whole crypto market is driven by bitcoin, if bitcoin is up the whole market is up and vice versa. There are many alts that were launched, make good progress and then vanish with time. Bitcoin is still one of the safest investment in crypto market. If I have to spare some cash for alts then I will make a 80/20 propotion, where 80% reserved for bitcoin. Alts to me are good for short term only, I recently invested in polygon when it was on 1$ and now its gone down to 0.66$. There is no confirmation about alts that whether they will recover or not.
Cryptocurrency has various digital currencies like altcoin,litecoin,cardano,bitcoin,ethereum.e.t.c
There is a very big fault in this your description. Cryptocurrency is made up of bitcoin and others which is called alternative coins (altcoins). So it is not fine to list altcoin as if there is a particular coin called an altcoin.Bitcoin is fast and easy to use
Bitcoin provides anonymity
Compared to fiat, bitcoin is not fast and not easy to use. You have to set up a wallet and the task of setting up a secured one and learn how to transact.Bitcoin provides anonymity
For anonymity, it is privacy coins that does that. For bitcoin it lies in the hand of the user not to reuse addresses or tie their address to their identity. Also other methods are applied to improve anonymity, such as bitcoin mixing.
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