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Topic: What's your favorite crypto;Bitcoin - page 4. (Read 876 times)

full member
Activity: 1582
Merit: 132
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June 14, 2023, 05:50:04 PM
#51
Cryptocurrency has various digital currencies like altcoin,litecoin,cardano,bitcoin,ethereum.e.t.c
My favorite crypto is bitcoin..
Litecoin, Cardano, Ethereum, and all coins except Bitcoin are Altcoins. So, you don't need to mention it.
But I also agree that Bitcoin becomes the most favorite, and I am sure enough that most people make BTC as the most favoriite cryptocurrency. We cannot deny it, not only because this is the first crypto but also how Bitcoin going on so far, its value, market cap, and also our trust on it. Moreover if this is for long term, indeed no doubt.

But if it is for day trade, sometimes it is different. I will prefer to altcoins that have low price, this is suitable for me because the capital is very small, so tthis is for short term trades. However every decision always bring its own risks. And we mat be able to handle the risks.
full member
Activity: 336
Merit: 140
June 14, 2023, 01:58:31 PM
#50
Of course Bitcoin is my favourite. Just like everyone, of course the majority of users here are bitcoin favorites. Because as far as I've learned the only truly decentralized thing right now is bitcoin. But to be honest I also speculated a lot in altcoins for the short term. But for the long term and safety of my assets then of course I only trust to invest in bitcoin. Even though I'm still new to crypto, I'm really serious about learning it when I have free time on the sidelines of my busy life. and yeah I'm getting more confident with Bitcoin.
Also my Favourite cryptocurrency is Bitcoin because this is most well known and well established decentralised cryptocurrency today is Bitcoin. It is admirable that you are investing the time to research cryptocurrency and choose wisely. While short term speculating in altcoins may be alluring it is wise to put your long term asset safety first which is where Bitcoin well established track record shines. You shall grow more convinced of Bitcoin future potential as you continue to invest your leisure time in studying more about cryptocurrencies. Continue learning and researching and may your cryptocurrency journey be fruitful and fulfilling.
hero member
Activity: 2604
Merit: 816
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June 14, 2023, 12:38:25 PM
#49
Of course Bitcoin is my favourite. Just like everyone, of course the majority of users here are bitcoin favorites. Because as far as I've learned the only truly decentralized thing right now is bitcoin. But to be honest I also speculated a lot in altcoins for the short term. But for the long term and safety of my assets then of course I only trust to invest in bitcoin. Even though I'm still new to crypto, I'm really serious about learning it when I have free time on the sidelines of my busy life. and yeah I'm getting more confident with Bitcoin.
you position yourself well. because for anyone who is just trying to learn to invest in crypto, then Bitcoin is the most appropriate choice. even if you also have an interest in altcoins, but put more in Bitcoin for the long term. and altcoins for short.
for the short term sometimes when we choose the right altcoin, we can get good returns. it all depends on our skills in analyzing altcoins.
Bitcoin is the favorite of everyone who knows crypto. Even initially, they join crypto because of attractive offers to invest in new coins. But once they gain experience, they will find out that Bitcoin is the goal of everyone who comes to crypto.

Those who invest in new coins or altcoins will eventually start investing in Bitcoin because they see that Bitcoin is the main coin in crypto. But those who don't see it will still choose other coins over Bitcoin. So it's up to them and we can stick to our choice to invest in Bitcoin.

But you can also invest in altcoins to increase your profits in crypto because, with many altcoins on the market, that is your chance to earn a lot. But be careful with the number of altcoins because you have to find the right altcoin so that you can benefit.
legendary
Activity: 3654
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June 14, 2023, 11:55:36 AM
#48
Bitcoin definitely got the love of many people and will continue to have it for a long time. People are reacting as if this is surprising but there is a reason why we love it, it's the best decentralized one. We are not worried about what's going to happen to it, we worry about almost all others and something bad could happen to all others and it could happen within, but nothing bad will happen to bitcoin like that because there is no within.

This means that we get to be trusting to bitcoin easily without worrying about what might happen, so that is why it's the number one ranked coin of all time and it will stay that way. I personally love it and I think it's the best thing we could ever hope for. I am not going to sell my bitcoin before anything else, it's the last resort.
hero member
Activity: 2100
Merit: 545
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June 14, 2023, 07:23:52 AM
#47
I can relate with you about the excitement that I also had when I first came to know about Bitcoin and learned about it, I was stunned by the technology and I suddenly thought of getting involved and here I am today, having a lot of experience of the market and how things happen around here. I also agree with everything you said except for one part where you said it's accepted in a lot of places.

The reality is, Bitcoin, no matter how much adoption it has got, will always have some issues, and for now, its biggest challenge is that it isn't widely accepted as a payment method, and looking at situations around the world, it feels like it won't happen anytime soon.
sr. member
Activity: 1960
Merit: 273
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June 14, 2023, 02:42:37 AM
#46
Of course Bitcoin is my favourite. Just like everyone, of course the majority of users here are bitcoin favorites. Because as far as I've learned the only truly decentralized thing right now is bitcoin. But to be honest I also speculated a lot in altcoins for the short term. But for the long term and safety of my assets then of course I only trust to invest in bitcoin. Even though I'm still new to crypto, I'm really serious about learning it when I have free time on the sidelines of my busy life. and yeah I'm getting more confident with Bitcoin.
you position yourself well. because for anyone who is just trying to learn to invest in crypto, then Bitcoin is the most appropriate choice. even if you also have an interest in altcoins, but put more in Bitcoin for the long term. and altcoins for short.
for the short term sometimes when we choose the right altcoin, we can get good returns. it all depends on our skills in analyzing altcoins.
hero member
Activity: 1246
Merit: 768
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June 14, 2023, 02:38:42 AM
#45
In fact, any cryptocurrency is tied to bitcoin, so I don’t see much difference here. I think many people understand this.
No. I can't find references and theories from various sources that your statement can be justified.
Bitcoin is never equal to the number of coins that exist in the crypto space.
Maybe I would agree with you if you said that all coins are trying to get better like Bitcoin even though none of them have been able to.
You need to read more so that you can clearly understand Bitcoin and other coins.
Bitcoin is a unique crypto.
sr. member
Activity: 1498
Merit: 271
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June 14, 2023, 02:35:01 AM
#44
My understanding is, not all cryptocurrencies are like Bitcoin which is also decentralized, because there are others that are centralized like XRP, and XMR it is not like Bitcoin which is decentralized, so you should not think that all crypto is connected to Bitcoin.

Although it's good that you believe in Bitcoin, it's really deep, And besides, in today's time, I actually see a lot of cryptocurrencies that have potential and can also increase when the time of the bull run comes and if I only have a lot of money, I'll buy now for sure these coins, just so of course because my money is also budgeted I prioritize the most potential besides Bitcoin.

You are quite true, not all cryptocurrencies, such as Bitcoin, are decentralized. It's critical to understand that each cryptocurrency has its own distinct design, purpose, and underlying technology. Others may favor scalability, privacy, or other specialized advantages above decentralization. Given the cryptocurrency market's growth potential and bull run, it's logical that you'd want to investigate and invest in currencies other than Bitcoin.

To be precise. Bitcoin is the only true decentralized among all blockchain available because it’s founder is completely anonymous that is proven for more than a decade while other shitcoins that copy Bitcoin footprints is made by developers that trying to replicate Bitcoin just to gain money on it. Even tokens with DAO is still centralized since the team controls the majority of the token that can affect the outcome of the decision made by the team.

Bitcoin is the only coin that is worthy for long term investment and it’s my favorite coin.

Indeed, there are other altcoins that look decentralized but are centralized, there are also others that pretend to be decentralized but show centralizedness, you know what I means.

Honestly, the ones that are known as decentralized cryptocurrencies for me are Ethereum, Tron, Binance, Ada, Solana, Avalanche, Shib, Doge, and others, but the one that I can also say is 100% decentralized is still Bitcoin without a doubt.
sr. member
Activity: 658
Merit: 280
June 14, 2023, 02:27:37 AM
#43
If everyone is asked what their favorite crypto coin is, everyone will answer without a second thought that their favorite crypto is Bitcoin. In addition to the favorite crypto, if you have to choose the favorite coins among the ALT coins, then the names of the coins like Ethereum, BNB, Matic etc. will come first in the list because these three coins are very popular among the ALT coins.

After Bitcoin, if people prefer any coin these three coins will be in the list of coins. While other ALT coins cannot be trusted, these three coins can be trusted. So if I were to make a list of favorite cryptos, Bitcoin would come first, followed by Ethereum, BNB, Matic, Polkadot, etc.
legendary
Activity: 2898
Merit: 1253
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June 14, 2023, 02:16:44 AM
#42
bitcoin is the first crypto I know, even now lay people I'm sure they won't know the name crypto but they tend to call it bitcoin investment, all coins are considered bitcoin before knowing anything about crypto. so I'm sure everyone's favorite coin is bitcoin, it can't be denied, even bitcoin has always been #1 in the past few years.
Let's hope that in future this is maintained and altcoins only if useful should be used for specific uses. But again this is bitcoin forum so the majority of the replies will be biased towards bitcoin. Of course a certain altcoin can be good but keep them limited as much as possible just avoid trying to be a cult or have a narrow vision.

Again for daily uses of the world population bitcoin was designed to fulfill them and it has been doing that till now. It is one of the big reasons why bitcoin became popular along with its high price and community support.
hero member
Activity: 630
Merit: 611
June 14, 2023, 02:15:03 AM
#41
Of course Bitcoin is my favourite. Just like everyone, of course the majority of users here are bitcoin favorites. Because as far as I've learned the only truly decentralized thing right now is bitcoin. But to be honest I also speculated a lot in altcoins for the short term. But for the long term and safety of my assets then of course I only trust to invest in bitcoin. Even though I'm still new to crypto, I'm really serious about learning it when I have free time on the sidelines of my busy life. and yeah I'm getting more confident with Bitcoin.
full member
Activity: 1540
Merit: 219
June 14, 2023, 01:39:16 AM
#40
If you ask such a question in a Bitcoin forum, Of course, the majority of the forum member will say their favorite crypto is Bitcoin. It's not like they don't own altcoins. Most of us own altcoins and we use them for various purposes. But, when it comes to my favorite crypto, It's Bitcoin. There is a reason behind it. Bitcoin is the crypto that people trust because of its decentralization. No one will be able to manipulate the market by increasing the supply (Whales can do it by buying or selling a huge amount). Bitcoin price will increase over time. If people understand the concept of Bitcoin, they won't say they like some other coins except for Bitcoin.
Totally, only time that someone would probably say that their favorite crypto besides bitcoin is when they created their own crypto, there's a possibility too that they might even say that they still have bitcoin as their top 1 even if they created their own coin but highly unlikely. Isn't it contradictory that you've said that no one can manipulate the market and at the same time mention whales, these people can literally make waves to the market and in my book, that's market manipulation. Don't discount the fact that no one will have any other answer besides bitcoin, there are outliers out there that might surprise you.
full member
Activity: 1050
Merit: 100
June 13, 2023, 11:56:25 PM
#39
If you ask such a question in a Bitcoin forum, Of course, the majority of the forum member will say their favorite crypto is Bitcoin. It's not like they don't own altcoins. Most of us own altcoins and we use them for various purposes. But, when it comes to my favorite crypto, It's Bitcoin. There is a reason behind it. Bitcoin is the crypto that people trust because of its decentralization. No one will be able to manipulate the market by increasing the supply (Whales can do it by buying or selling a huge amount). Bitcoin price will increase over time. If people understand the concept of Bitcoin, they won't say they like some other coins except for Bitcoin.
in general people invest in cryptocurrencies, they certainly choose bitcoin to place their main asset. after that with less capital they usually put on altcoins as an option. this is because in cryptocurrency the safest coin is bitcoin, while all altcoins follow the movement of bitcoin, so we must realize that as the basis for securing our money in investing in cryptocurrency. indeed altcoins provide greater profits, but bitcoin provides security in the long run
hero member
Activity: 462
Merit: 767
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June 13, 2023, 08:40:41 PM
#38
If you ask such a question in a Bitcoin forum, Of course, the majority of the forum member will say their favorite crypto is Bitcoin. It's not like they don't own altcoins. Most of us own altcoins and we use them for various purposes. But, when it comes to my favorite crypto, It's Bitcoin. There is a reason behind it. Bitcoin is the crypto that people trust because of its decentralization. No one will be able to manipulate the market by increasing the supply (Whales can do it by buying or selling a huge amount). Bitcoin price will increase over time. If people understand the concept of Bitcoin, they won't say they like some other coins except for Bitcoin.
legendary
Activity: 1596
Merit: 1288
June 13, 2023, 08:03:40 PM
#37
I would have accumulated so much bitcoin by now but someone who introduced me to cryptocurrency back then before covid-19 advised me not to buy bitcoin, that bitcoin was expensive (This was when bitcoin was not upto 10k). He rather introduced me to so many shitcoins that I held which never made moves and I lost them all.

Bitcoin is an excellent investment if you intend to invest in the long term, but this does not mean that there are other investments that are just as good as bitcoin, especially when we are talking about investment. When Bitcoin is in an upward cycle, choosing it is not wise, but you can invest in several alternatives and wait for the price to collapse, which will be the best opportunity to buy and invest in Bitcoin, just as it happened last year when the price was around $15,600.
Instead of just thinking about bitcoin which is perfect for long term investment. There are some good alternatives at certain times, all of this depends on your investment background, information and some other factors. If you do not want to conduct your own research, then DCA is the best strategy for those who do not want to search and take risks.
full member
Activity: 580
Merit: 108
June 13, 2023, 07:31:12 PM
#36
People still choose the bitcoin in the end because it's already proven the possible ATH and downs of it, and altcoins most likely follow the price movement of the bitcoin. This is why they keep choose of it, but there's all of the people now are holding bitcoin but in profit wise people still prefer the potential coins that gives them a profit somehow, they are using Bitcoin as one of their safe havens.
In this have the same thinking of investment. We don't settle for only one pot.
Ofcourse no body is planning to settle for less, targeting a promising project and hitting it when the time finally comes, no room for excuses. Bitcoin is my favorite crypto because it's served big aides to me in the past and present, and I never doubted the project, it's 100% legit. Bitcoin is the answer gotten from the majority, it's never too late to start in bitcoin because it's a top project in the market with high trading volume. It's movement alone influences the movement of other altcoins in the market. 
legendary
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June 13, 2023, 06:55:07 PM
#35
I am a bitcoin believer and it is not that I decided so myself. What I discovered in this cryptocurrency industry is that you will tend to follow the advise or instruction given by others especially in your early days.
I would have accumulated so much bitcoin by now but someone who introduced me to cryptocurrency back then before covid-19 advised me not to buy bitcoin, that bitcoin was expensive (This was when bitcoin was not upto 10k). He rather introduced me to so many shitcoins that I held which never made moves and I lost them all.
It was about 1 year later, when I joined the forum that I understood the true power of bitcoin but then I already missed the bull run. I'm patiently waiting for the next bull run to benefit.

Bitcoin is my favourite crypto, even if it doesn't give mad rewards like altcoins, but when you wake tomorrow, you will be sure to see bitcoin. That's why I love btc.
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June 13, 2023, 05:56:41 PM
#34
Cryptocurrency has various digital currencies like altcoin,litecoin,cardano,bitcoin,ethereum.e.t.c
My favorite crypto is bitcoin..many economists across the globe have predicted that bitcoin will keep increasing it's value in the coming years.it has inspired  a revolution like no other,rapidly transforming various aspects of the global economy.it is currently the world's most popular and prominent crypto,recognized and accepted in finance ,manufacturing,real estates,healthcare,travel and retail.
It's adoption is increasingly taking shape in several critical aspects of the society.
Bitcoin works for everyone,rather than having someone at the top,the bitcoin network is based on the consensus of everyone who participates in it.
I so much love bitcoin for the opportunities it has offered the world like;
Bitcoin is permissionless
Bitcoin is immune to seizure
Bitcoin is decentralized
Bitcoin is fast and easy to use
Bitcoin provides anonymity
Bitcoin has rendered freedom,as in financial freedom.The average youth today is interested in bitcoin today not because of it's trendiness,but also to seek financial freedom.
Anyone can take up this course on bitcoin;students from various fields,upcoming engineer's, industrial experts, potential students with an open mind, etc it has been the most dominating crypto for over a decade, and I don't see it stopping anytime soon.it is the most promising investment of our age, and it was not a currency for the government, it is a global currency for the people.
Bitcoin is the future!
Bitcoin is the change!!
Bitcoin cannot be stopped!!!
Cheers to all Bitcoin usersBTC🥂🥂🥂

(OP) yes, you have said it all about the goodies that Bitcoin has become today all over the great wild world I would say Bitcoin has brought no harm but had also brought financial breakthroughs to the world addition of people who do invest in it is the youthful age I tell today because of bitcoin trading there have been less of cybercrime, seating, area hoodlum the street are immaculate out,
And has brought the advantage of learning to the world, maybe there should be a day designated for it as World  Bitcoin Day.
It is high time we all take full accountability for protecting it from  the government sectors. Why does the government have this bad feeling about it till now?Huh?
hero member
Activity: 1022
Merit: 673
June 13, 2023, 02:23:03 PM
#33
bitcoin is the first crypto I know, even now lay people I'm sure they won't know the name crypto but they tend to call it bitcoin investment, all coins are considered bitcoin before knowing anything about crypto. so I'm sure everyone's favorite coin is bitcoin, it can't be denied, even bitcoin has always been #1 in the past few years.
That's the case gor most but, its hardly a reason as to why most individuals should peg there reasons being all bitcoin loving or trusting.
Aside from the fact that it is the very pioneer cryptocurrency, the brainchild behind its innovation in the person of Satoshi Nakamoto, staying anonymous after its creation, making it truly decentralise, the intent of it being a means to help people of the world stay out of the government fish net and most of all, the price appreciation along with the securities it offers are a few of the many reasons why you don't just have to pick any other coin out there but bitcoin.
It offers more than you can say for altcoins and every other coin emulates its price action.
hero member
Activity: 1932
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Vave.com - Crypto Casino
June 13, 2023, 11:42:17 AM
#32
bitcoin is the first crypto I know, even now lay people I'm sure they won't know the name crypto but they tend to call it bitcoin investment, all coins are considered bitcoin before knowing anything about crypto. so I'm sure everyone's favorite coin is bitcoin, it can't be denied, even bitcoin has always been #1 in the past few years.
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