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Author Topic: What are the reasons you prefer investment in Bitcoin over other Cryptos?  (Read 1107 times)
Finestream
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July 26, 2018, 02:33:22 PM
 #21

I believe investments in Cryptos are the priority for beginners. But most people like Bitcoin since it’s obvious, so are you like that? And if so then what’s the reason for your investment? My reason is that the potential is huge in this as compared to some others, but I do know that higher amount is required to gain more.

In my case, I preferred other cryptos too. In crypto world, BTC is the most dominant and preferred coin but don't waste the opportunity and advantages that people can get in other altcoins.

Potential is always there that's why take an altcoins that is worth to put a shot.

Honestly in my long term experience in crypto world, altcoin trading is one of the reason why I gained decent numbers of BTC in general. Way better than putting money directly coming from fiat. People just need to enhanced their respective strategy to become a winning strategy.
I believe so.Altcoin investments can be so much profitable if you had chosen the potential ones because there are a lot of altcoins there that are worthless because their prices never go up.While compared to bitcoins,you don't need to worry if its price fall suddenly and resort to panic selling.Bitcoins are the most known and trusted coins in crypto world so learn to hold them for a long time and i'm sure you will really gain a very huge profit in the end.

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July 26, 2018, 02:34:49 PM
 #22

Firstly that Bitcoin is the first coin, the largest and most popular amongst others, with a very high value beyond anything, I'm sure people will do it?
Secondly I do not really believe in some coins, the more it seems I'm sure there will be a lot of junk coins everywhere, coming between good reputation and coming soon after falling, thrown out by the pope after earning big profits.
Bitcoin will be greatly developed for the future, more and more new people and connections every year to adopt, I am sure, buying and holding Bitcoin such a method is very effective in the next few years.
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July 26, 2018, 02:34:53 PM
 #23

I believe investments in Cryptos are the priority for beginners. But most people like Bitcoin since it’s obvious, so are you like that? And if so then what’s the reason for your investment? My reason is that the potential is huge in this as compared to some others, but I do know that higher amount is required to gain more.

Here are some reasons by experts, and I agree most of these but like to see how many of you guys agree with. https://www.asiacryptotoday.com/reasons-you-should-invest-in-bitcoin/


I too get myself attached to bitcoin becausw of its great history when it comes to the market and value increase. We all know that holding is a great option aswell by holding it much more time.

Still I like to open in an new environment which I did so I work for some bounties to earn altcoins and see what could happend and it made me into marketing and stacks too.

Even so I love ethereum and bitcoin its easy transaction no hasel no fee. While bitcoin and ethereum is in my bitcoin software wallet which that is easy transaction.
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July 26, 2018, 05:06:18 PM
 #24

My main reason for investing in bitcoin is the high liquidity of Bitcoin and thus the ease with which I can trade it if I need money for something whilst holding it.
Another reason is the fact that it is very popular and also can sometimes be accepted by some merchants as payment for goods.

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July 26, 2018, 05:28:35 PM
 #25

Actually when I invest in bitcoin instead of altcoins, I do that to protect my funds because I don't doubt it will be higher in the future but there is lots of risk with altcoins.

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July 26, 2018, 09:50:39 PM
 #26

My main reason for investing in bitcoin is the high liquidity of Bitcoin and thus the ease with which I can trade it if I need money for something whilst holding it.
Another reason is the fact that it is very popular and also can sometimes be accepted by some merchants as payment for goods.
Bitcoin is stable and the risk of investing in Bitcoin is much lower than with other altcoins in the cryptocurrency market. I hope Bitcoin will reach new targets this year and bring the cryptocurrency market further. This is a good time to invest in this market.
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July 26, 2018, 10:14:15 PM
 #27

I believe investments in Cryptos are the priority for beginners.

In fact they are an opportunity to make quick profits and are an opportunity for all people. for example, you have 1 btc and you go to the altcoins section and search on some altcoin that will have some good news able to boost the price in 2X and if you find an altcoin that has good news able to boost the price you buy and sells when you have 2X profit. the altcoins have this advantage, but also have major drawbacks. Bitcoin also has advantages and disadvantages

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July 26, 2018, 10:34:47 PM
 #28

I believe investments in Cryptos are the priority for beginners. But most people like Bitcoin since it’s obvious, so are you like that? And if so then what’s the reason for your investment? My reason is that the potential is huge in this as compared to some others, but I do know that higher amount is required to gain more.

Here are some reasons by experts, and I agree most of these but like to see how many of you guys agree with. https://www.asiacryptotoday.com/reasons-you-should-invest-in-bitcoin/

I agree with the author, especially in terms of this: "...bitcoin will be the reserve currency of the Internet..."
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July 26, 2018, 10:35:38 PM
 #29

Actually when I invest in bitcoin instead of altcoins, I do that to protect my funds because I don't doubt it will be higher in the future but there is lots of risk with altcoins.

Like you, I also like keeping my funds in BTC this is mainly due to the fact that it has more resistance to dips. Unlike altcoins that can dip 10-20% per day, it even goes down as low as 40% loss in a week. Now, that's outrageous. With bitcoin the are between 1-7 and that's more than enough time to tether my holdings. Altcoins are just too risky. It can go side ways, 100% up or 60% down.



xitrum
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July 26, 2018, 10:43:33 PM
 #30

I believe investments in Cryptos are the priority for beginners. But most people like Bitcoin since it’s obvious, so are you like that? And if so then what’s the reason for your investment? My reason is that the potential is huge in this as compared to some others, but I do know that higher amount is required to gain more.

Here are some reasons by experts, and I agree most of these but like to see how many of you guys agree with. https://www.asiacryptotoday.com/reasons-you-should-invest-in-bitcoin/
You can see that the capitalization of the bitcoin is very large, the volume is very large and the bitcoin value is very large, so you can invest a large amount of assets in bitcoin and can make the biggest profit crypto field

Investing in high-margin bitcoin but lower risk on investing in altcoin, we can see that the market is showing signs of a strong recovery and future bitcoin prices will return to $ 10000 in the near future.

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July 26, 2018, 10:50:52 PM
 #31

Bitcoin has been the most famous and reliable of all coins so far. Why should I prefer something else?
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July 26, 2018, 11:10:03 PM
 #32

I believe investments in Cryptos are the priority for beginners. But most people like Bitcoin since it’s obvious, so are you like that? And if so then what’s the reason for your investment? My reason is that the potential is huge in this as compared to some others, but I do know that higher amount is required to gain more.

Here are some reasons by experts, and I agree most of these but like to see how many of you guys agree with. https://www.asiacryptotoday.com/reasons-you-should-invest-in-bitcoin/
You can see that the capitalization of the bitcoin is very large, the volume is very large and the bitcoin value is very large, so you can invest a large amount of assets in bitcoin and can make the biggest profit crypto field

Investing in high-margin bitcoin but lower risk on investing in altcoin, we can see that the market is showing signs of a strong recovery and future bitcoin prices will return to $ 10000 in the near future.
Bitcoin is much more stable and safe than any other altcoin, but it is also a lot of impact from this market. Bitcoin is on a good growth path and I believe this is a time where investors can get a lot of success.

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July 27, 2018, 12:10:32 AM
 #33

Altcoins are fine if you feel like risking your money for high returns but I would always keep a large chunk of my money in bitcoin because you know its stable and can be trusted.
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July 27, 2018, 04:20:43 AM
 #34

My main reason for investing in bitcoin is the high liquidity of Bitcoin and thus the ease with which I can trade it if I need money for something whilst holding it.
Another reason is the fact that it is very popular and also can sometimes be accepted by some merchants as payment for goods.
No one uses Bitcoin to pay for the goods because every bitcoin transaction takes a lot of time to verify. Most Bitcoin is no longer as anonymous and people are tending to use XMR for commercial purposes as it is unregulated or can use XRP to pay for because the technology of ripple is being made by many banks apply
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July 28, 2018, 08:45:52 AM
 #35

So, I guess almost everyone agrees that Bitcoin is rightly the preferred choice. But it is also pretty obvious that one got to keep eye on all the latest news in order to actually gain consistently. If we close our eyes completely and start thinking it will work then it will not. I as I mentioned prefer only a few sites and one is AsiaCryptoToday, it is a pretty awesome site to be looking at for getting regular news.
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July 28, 2018, 09:02:25 AM
 #36

The reason I prefer to invest in bitcoin over other cryptos:
Bitcoin is the earliest cryptocurrency coin
Investing in bitcoin I feel safer than other cryptos
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July 28, 2018, 04:05:27 PM
 #37

My main reason for investing in bitcoin is the high liquidity of Bitcoin and thus the ease with which I can trade it if I need money for something whilst holding it.
Another reason is the fact that it is very popular and also can sometimes be accepted by some merchants as payment for goods.
No one uses Bitcoin to pay for the goods because every bitcoin transaction takes a lot of time to verify. Most Bitcoin is no longer as anonymous and people are tending to use XMR for commercial purposes as it is unregulated or can use XRP to pay for because the technology of ripple is being made by many banks apply

It can be used if it's a P2P transaction similar to the barter model. Sure, it's not that practical, but it still functions quite well if someone is making larger payments once in a while, such as for services rendered.

It may not be perfectly anonymous, but it's not easily traceable either. If you did something illegal with it, I'm sure they would go through the effort to find you without hesitation. But if there's no active reason to target you, they can't exactly go around trying to dig up who is behind every transaction. There's way to much data to swim through. That's why some people can use it to send money for small-medium transactions abroad and avoid having to claim it.
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July 28, 2018, 04:20:59 PM
 #38

I believe investments in Cryptos are the priority for beginners. But most people like Bitcoin since it’s obvious, so are you like that? And if so then what’s the reason for your investment? My reason is that the potential is huge in this as compared to some others, but I do know that higher amount is required to gain more.

Here are some reasons by experts, and I agree most of these but like to see how many of you guys agree with. https://www.asiacryptotoday.com/reasons-you-should-invest-in-bitcoin/

Idk why but for me, investing in bitcoin feels safer than investing in other types of cryptocurrencies. Bitcoin is the first crypto that I know and will probably remain a priority for me for long time.

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July 28, 2018, 04:57:33 PM
 #39

I believe investments in Cryptos are the priority for beginners. But most people like Bitcoin since it’s obvious, so are you like that? And if so then what’s the reason for your investment? My reason is that the potential is huge in this as compared to some others, but I do know that higher amount is required to gain more.

Here are some reasons by experts, and I agree most of these but like to see how many of you guys agree with. https://www.asiacryptotoday.com/reasons-you-should-invest-in-bitcoin/

Idk why but for me, investing in bitcoin feels safer than investing in other types of cryptocurrencies. Bitcoin is the first crypto that I know and will probably remain a priority for me for long time.
Bitcoin always develops and leads in every trend, although there are more and more Altcoins, but people always trust and peace of mind when investing in Bitcoin for many years.
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July 28, 2018, 05:15:35 PM
 #40

I believe investments in Cryptos are the priority for beginners. But most people like Bitcoin since it’s obvious, so are you like that? And if so then what’s the reason for your investment? My reason is that the potential is huge in this as compared to some others, but I do know that higher amount is required to gain more.

Here are some reasons by experts, and I agree most of these but like to see how many of you guys agree with. https://www.asiacryptotoday.com/reasons-you-should-invest-in-bitcoin/
It is not really complicated to know why people prefer to invest in bitcoin than to invest in altcoins, most altcoins are either copies of another project or just useless coins created to enrich the developers and nothing more, so even if bitcoin is expensive and it cannot give you profits like an altcoin could, the profits you can get out of bitcoin are still incredible, just last year if you you bought in January of 2017 and sold in December of 2017 you could have gotten 20x your investment, do you know how long you would need to wait to get those kind of profits in real estate or stocks? You will never get those profits with stocks and you will be lucky to get those profits with real estate in 20 or 30 years.

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