Long term argument for bitcoin

[Bellator]

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

Being the father of all cryptocurrency was quite so important these had brought all altcoins on its track.Its concept was followed by all altcoins and when bitcoins price will rise,so as altcoins,bitcoins success is very historic that not all altcoins can.

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[sonofliberty]

 I was thinking about that, to transfer all of my savings from bitcoin to Litecoin while the market is bad, but I dont know why, Bitcoin causes more trust in me, than any other cryptocurrency that has own Blockchain.

[victorski]

 I love to have both of them because I believe that the more coins do you have, the more profit you would get in the times when the market would recover.

[randyg29]

It really depends on a person if he wanted to hold it fr too long just like other long term investors did to their investments. And even me don't know how to deal with that thing before but if you are a good investors with a good mind set maybe you can take that kind of action but I always like to be a short term investors because of some of my reasons like I want to earn within a month to prevent my needs in my daily life so easy.

[Wajan]

indeed we have to do with bitcoin using long-term, for the short term we certainly will never have the advantage, bitcoin increasingly day even decreased.

[aoihs00]

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

Looking at the current scenario it does look like that it is really important to see whats the first one ! I mean isn't this is the truth that bitcoin actually keeps up its #1 no matter what how big technology comes into the market or how much investors it gets in short period of time. Its investor's approach to be honest, it is very very casual about the altcoins. I mean they will always consider it as one time or temporary investment and thus wont look at it later on once they get their profits. This approach is what making bitcoin very much stronger day by day.

[Cryptoville247]

The fact that Bitcoin came to limelight before others is a very big factor. It will in a very long time to come remain the most relevant digital currency.

[JPS2K5]

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

We have our own perspective of investment mindset. But what matters we are assure that a project or alternative coin has a good purpose or a solution to a problem in a conventional environment. Because if it will do like that, it could be a catalyst of change in the world especially for the modern day today especially for what bitcoin possess, the blockchain technology.

[maraclariss14]

Well, Bitcoin has definitely gained momentum and popularity due to its first mover advantage in the market but that's not the only reason for my long-term argument when it comes to the Bitcoin. Bitcoin has grown exponentially since inception and now it has the highest user base, volume and utility value since then. Any other coin might come up with good potential but it can replace only when it will have an equivalent or more user base, utility value and volume. I am not ignoring this possibility but I don't see any other coin having that potential as of now.

Yes, the long term argument from bitcoin has been there since the beginning, it is true that bitcoin is maintaining its place and popularity in the market also It serves an inspiration to other alts out there who is supporting this coin, Bitcoin has a low supply and it has a high demand on the market, The higher the demand the higher it will increase its value, don't forget that bitcoin is always been there for years and never fail us.

[Onah]

I was thinking about that, to transfer all of my savings from bitcoin to Litecoin while the market is bad, but I dont know why, Bitcoin causes more trust in me, than any other cryptocurrency that has own Blockchain.

I wouldn't suggest to put all the eggs in a basket. Diversify your money. It is easy a very big project can fail in one day. Lower your risk of losing it all. I put money in at least five coins. And some small money into cheap coins

[Vicrey]

I agree bitcoin is a long-term investment. Because bitcoin in addition to being the first coin in cryptocurrency. Also because many are using bitcoin for transactions, investors also believe with bitcoin and some advanced countries have legalized bitcoin. This makes bitcoin the best coin in the appeal of which coin other.

I am at your side too in this argument. Definitely bitocins are best in the crypt world and we can see it from the love and fame that people are giving them. Secondly the performance they are showing in international market is enormous. So this argument should be cleared as marked true because everyone believes in them. They are giving us back too so this bond is becoming stronger.

Long term argument in bitcoin can be solve by the bitcoins achievements , as everyone's see its potential to change a certain community bitcoin will remain number one in the crypto sphere, It provides a lot of income to those people who are believing and supporting it, Bitcoin possess a potential that the other altcoins can't have.

[shulio]

Bitcoin has more marketing power than any other coin. So thats why more people are believe in Bitcoin than any other coin.

[bitllionaire]

I love to have both of them because I believe that the more coins do you have, the more profit you would get in the times when the market would recover.

Yes it is depending on the interest of the people, it is also depending on the experience of a person, because short term investment require high experience and good skill without have day trading experience it is more risky and low chances are to make money form day trading, while long term investment is comparatively less risky.

[weblouartisan]

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

The reason why most of the people are preferring bitcoins is because of its popularity, people prefer to use bitcoins more than other cryptocurrency because the potential in the market is so much better than other coins.

[putriliesma]

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

Bitcoin has advantages that not many people know about it and many believe in bitcoin and invest in it because bitcoin is the main or crypto currency that can be called the crypto currency to be famous as it is today. And the volume of bitcoin number 1 then from that many people believe in bitcoin.

[Sadlife]

People prefers bitcoin because it is the first and it is tested through time and has encountered countless trials and errors. While other altcoins is just a copy paste of bitcoin features and how it works and most of all bitcoin is the most accepted as a payment method for online shops and merchants, That's why it's also considered as a safehaven.

[patarfweefwee]

i guess since Bitcoin is the first, it will be the first to actually be adopted by investors and be a stable coin. of course it will depend on how bitcoin willplay their cards by applying more and more projects and blockchains under their coins. but ultimately the goal is for it to be stable. i myself have alot riding on bitcoin since i believe it will be the first to be successful. of course we shouldn't just leave alt coins behind.

[dante golo]

Yes I myself tend to exploit the existence of bitcoin as one of the coins which has a relatively rising price movement so when a person can be patient to wait for the exchange rate increases drastic automatically earnings can be earned in large numbers.

[xitrum]

Hello,

Most of you are confident with the long term for Bitcoin. Yet some altcoins has the same features so why are you so confident about bitcoin and not about litecoin instead?

I compared them and approximatevily the same assets!
The only difference is that bitcoin was the first, is it that important?

You can see that Bitcoin prices are recovering very strongly in the last two days, but I think the recovery is just in the short term, with a bitcoin now at $ 6400 and will likely hit $ 7200 before Great bar tack. According to my analysis, bitcoin prices will probably drop sharply so you should only invest in bitcoin at this time. The market is still trending downtrend in the long run.

[kirito1614]

I believe being the first has its advantages and others is only an option. Some may have replicated bitcoin outline and enhanced it a considerable measure yet bitcoin has effectively settled and turned into the overwhelming crypto's ever. Obviously, individuals will likewise go for the first and not the duplicate feline or will we will counterfeit. Furthermore, now the costs is high to the point that not by any means one single duplicate feline coin can ever coordinated it. Well some have attempted, however the flipping did not occur.