No investment in this world will always appreciate in terms of price but people choose Bitcoin because it is the only safe haven cryptocurrency in the world and it is the truth decentralized crypto we have so far.
Meanwhile, Bitcoin experiences more uptrend than other cryptocurrencies because we're Bitcoin halving effect market and every uptrend momentum will be determined by the Bitcoin movement.
Don't be too complacent that bitcoin is the only safe haven crypto in the world. Maybe for crypto users, they can identify btc as safe haven, but outside crypto community, I don't think people will agree to that.
But on the note that btc is growing, of course I agree with this. Because more and more people are learning about crypto owed to popular personalities who are promoting it, Elon Musk in the lead. Though some of his statements are lopsided, still I think, he has good influence why some people are going into crypto. One tweet from him and people are checking doge, or btc.
Experience user will really determine this as safe investment for long term purposes but for other new to this industry for sure we will see them find it complicated nor other hate this due to the high volatility feature it got for certain timeframe that's why people who look for it always do deep research before going into it since if we just dive because there's someone who invite us and tell we can ern easy money then provably we will struggle since mostly we always get hyping and other thing will not favor to us.
@24Kt, I am not too complacent about Bitcoin being a safe haven, and if you read what I said every well I have already mentioned cryptocurrency which technically means within the crypto sphere.
@ultrloa one of the reasons why I consider Bitcoin to be safe haven is that it's the only crypto that outshines the government's negative stance and no altcoin could that.
No investment in this world will always appreciate in terms of price but people choose Bitcoin because it is the only safe haven cryptocurrency in the world and it is the truth decentralized crypto we have so far.
there are many crypto that can be safe haven of crypto investors mate and not only bitcoin , specially nowadays that good coins are entering the market.
Yes, there are some altcoins that are worth investing in but Bitcoin is the only safe haven cryptocurrency in the market because it was the only crypto created for the development of cryptocurrency, and the last time I checked 99.9% of all altcoin are hype based.
Meanwhile, Bitcoin experiences more uptrend than other cryptocurrencies because we're Bitcoin halving effect market and every uptrend momentum will be determined by the Bitcoin movement.
that's not true , there are many altcoins that gains more than what bitcoin has in this whole year, look at Dogecoin and Shiba Inu in which increased more than 10k just this year alone.
You seem not to understand the major concept of crypto cause it unfair to compare meme (joke coin) with Bitcoin.
