Which cryptocurrency do you decide to invest in for the long-term? - page 6.

Davidvictorson

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Quote from: jinneas on July 07, 2021, 03:25:04 AM

Which cryptocurrency is more valuable and has appreciation potential?

Bitcoin is the Cryptocurrency that's more valuable and has the potential for appreciation for the following reasons.

1) It is the widely accepted asset in the investing community. It is the only coin with the highest attention from lots of investors.

2) Bitcoin is one of the most stable cryptocurrencies, with the longest history. According to Steve Ehrlich, CEO and co-founder at Voyager Digital, "Bitcoin is a scarce digital currency and store of value. While still volatile, it tends to be one of the most stable cryptocurrencies, with the longest history, and has been the most consistent and best performing investment asset year after year for the last 10 years."

3) There's a limit in the global supply of Bitcoin. For this reason many investors consider it very valuable.

Renampun

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Quote from: jinneas on July 07, 2021, 03:25:04 AM

I am a newbie who has just entered the currency circle, and I am very interested in the crypto market.
I want to try to buy some coins, but now I lack the analysis and judgment of the crypto market. Which cryptocurrency is more valuable and has appreciation potential?

Bitcoin is the top crypto coin I recommend...

besides that, I also slightly recommend you to buy Matic, Polkadot, and Tron. but you should also do your own research as it is important that you don't blame others for whatever might happen to your investment.

Kittygalore

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Quote from: Roy Asher on July 07, 2021, 04:28:34 AM

Novice’s recommendation Bitcoin, unlike most currencies, is that it does not rely on specific currency institutions to issue and is generated through a large number of calculations, and Bitcoin is relatively the most stable. In the past ten years, the price has been rising despite fluctuations.

I think the timeframe is just another reason for investing in bitcoin plus bitcoin is much more famous than any other cryptocurrencies out there because if you ask people who don't know a thing or two about cryptocurrencies, they will likely think of bitcoin first. But a disclaimer, don't ask for investing advice on this forum without doing your own research on cryptocurrencies because you are as good as dead if you are going to follow what other people says on how you invest, invest wisely.

Roy Asher

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Novice’s recommendation Bitcoin, unlike most currencies, is that it does not rely on specific currency institutions to issue and is generated through a large number of calculations, and Bitcoin is relatively the most stable. In the past ten years, the price has been rising despite fluctuations.

Lorence.xD

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I would suggest anytime of the day bitcoin since it's already been tried and tested already, a lot of FUDs and negativity have been afflicted to bitcoin but it still has been going strong to this day. Maybe I would put ethereum in the second.

jaminunit

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If you are just getting into the game then I would say just buy bitcoin and Ethereum until you fully understand both these primitives.

There are too many scams that will entice you if you don't know what to look out for.

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Quote from: jinneas on July 07, 2021, 03:25:04 AM

I am a newbie who has just entered the currency circle, and I am very interested in the crypto market.
I want to try to buy some coins, but now I lack the analysis and judgment of the crypto market. Which cryptocurrency is more valuable and has appreciation potential?

You are in the Bitcoin area of the forum. So here the main answer will probably be: "Bitcoin, obviously".
If you want more useful answers, you may want to move this topic to Altcoins area - either Altcoin Discussion, either Speculation (Altcoins).

jinneas

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I am a newbie who has just entered the currency circle, and I am very interested in the crypto market.
I want to try to buy some coins, but now I lack the analysis and judgment of the crypto market. Which cryptocurrency is more valuable and has appreciation potential?

Topic: Which cryptocurrency do you decide to invest in for the long-term? - page 6. (Read 855 times)