Bitcoin is still the favorite choice

[Sled]

Indeed. It’s still the undisputed king of cryptocurrencies and the odds as the favorite. We would never be here if it weasn’t for Bitcoin. Altcoins wouldn’t exist without Bitcoin. We just have to be thankful to Satoshi Nakamoto for creating Bitcoin and here we are today. The future looks bright for this one, the almighty and “King of Kings” of the crypto world! These pullbacks and FUD are just short term. Bitcoin is here to stay forever.

That's an overstatement, if bitcoin wasn't invented, pretty sure that there's going to be some people along the way that will think of a concept to do create another first cryptocurrency. I think bitcoin has the biggest potential of them all because it's the oldest cryptocurrency in the market thus we can be sure that the potential of bitcoin is pretty much limitless.

I don't think that someone like Satoshi could have the same market perspective and create the same thing. Bitcoin remains unique among cryptocurrencies and that gives the odds that people had to choose Bitcoin because of its market features. A good and profitable investment? Now, we are considering that Bitcoin will widely be considered as a legal currency as what the creator dreamed about. 

[AicecreaME]

An important reason for Bitcoin's popularity is that it has withstood the test of time. No digital currency has experienced so many ups and downs like it. It has been discussed many times around the world, and  tenacity of its vitality also proves its value from the side.
Moreover, Bitcoin is the most widely-consensus digital cryptocurrency, and it has a strong international circulation. The total amount of Bitcoin is constant at 21 million, and it is halved about every four years. It is scarce. In addition, Bitcoin is a peer-to-peer transaction transmission, free from the intervention of various institutions, and can circulate around the world. You can send your Bitcoin to any corner of the world. Coupled with the fact that Bitcoin has higher returns than gold. Digital currency or encrypted assets represented by Bitcoin is the general direction of the development of the entire financial industry.
The great investor's enthusiasm over Bitcoin is based on its overall progress during last decade, it is proven only crypto asset that surpasses the expectation of investors and breaks the previous record highs. And bitcoin has been presented to the world to comply with the general trend of economic globalization.

https://medium.com/cryptocurrencies-ups-and-down/bitcoin-is-still-the-favorite-choice-598d15fde96f

I agree. Bitcoin was able to withstand all the challenges thrown at it over the past years. Despite the rumors, schemes, and scams, painted on its name, bitcoin was able to bounce back from the mud to the sky. It has shown its potential from the very beggining until today. Its popularity isn't just a hype, but a worthy one most especially whenever you buy the dip because you can gain more as time passes by. Bitcoin has been one of the top investments of every social classes may you be rich, average, or poor.

You can never go wrong in bitcoin. Once its value crashes down, it's the best time to buy as much as you can and hodl until the moment you need funds. Although it is known to be volatile (all crypto is), you can still savor the fruit of your patience once its position pumps. No wonder bitcoin is the crowd's favorite. It indeed passed the test of time. Its value's potential to rise is undeniably strong to happen in the future.

[Xinarae*]

No wonder if most of people still put most of their money into bitcoin because bitcoin is the pioneer for any other altcoins. Being the first in cryptocurrency it means a lot and most of the alts still following the bitcoin move. So no wonder if bitcoin still become the favorite.

There is nothing surprising in everyone's choice of bitcoin is the king of the crypto market and tops all currencies. Everyone's choice to invest in bitcoin currency is very profitable and there is no chance of being scammed even if the price goes down the price doubles later.

[blackened515]

No wonder if most of people still put most of their money into bitcoin because bitcoin is the pioneer for any other altcoins. Being the first in cryptocurrency it means a lot and most of the alts still following the bitcoin move. So no wonder if bitcoin still become the favorite.

There is nothing surprising in everyone's choice of bitcoin is the king of the crypto market and tops all currencies. Everyone's choice to invest in bitcoin currency is very profitable and there is no chance of being scammed even if the price goes down the price doubles later.

Despite getting Bitcoin banned in some countries, Bitcoin still remain the king of cryptocurrencies. I think one of the reason people invest in Bitcoin is because no matter how low the price goes, it always bounce back and rises to a higher price. And also, it's very secure.

[kizlod]

Absolutely. I'm holding 70% of my crypto investments in BTC. The only crypto that can be better someday is ETH.

[DOH!]

Indeed. It’s still the undisputed king of cryptocurrencies and the odds as the favorite. We would never be here if it weasn’t for Bitcoin. Altcoins wouldn’t exist without Bitcoin. We just have to be thankful to Satoshi Nakamoto for creating Bitcoin and here we are today. The future looks bright for this one, the almighty and “King of Kings” of the crypto world! These pullbacks and FUD are just short term. Bitcoin is here to stay forever.

I don't think that there can break the Bitcoins power for the next 5 years more. There are tons of cryptocurrencies had been created and offering but nothing get even close to the capitalization and the value of Bitcoin so indeed there are no other favorite but Bitcoin.

A lot of people don't realize, how bitcoin is the safest option on the market if not how it has overcome its challenges.  They also mistakenly think that they can wait to buy a lower price like 2018,2019 but it will be different, and they will regret it.  An open opportunity for bitcoin to go to $100k this year.
GBTC( Grayscale) already has an ETF service provider, it's just... a lot of people are waiting for a price reversal this July!
https://cointelegraph.com/news/bny-mellon-to-provide-etf-services-for-grayscale-s-bitcoin-trust

[Pamadar]

No wonder if most of people still put most of their money into bitcoin because bitcoin is the pioneer for any other altcoins. Being the first in cryptocurrency it means a lot and most of the alts still following the bitcoin move. So no wonder if bitcoin still become the favorite.

There is nothing surprising in everyone's choice of bitcoin is the king of the crypto market and tops all currencies. Everyone's choice to invest in bitcoin currency is very profitable and there is no chance of being scammed even if the price goes down the price doubles later.

That kind of hope that after the value falls bounce will take place giving good opportunities to everyone,

Bitcoin still holding that title and for sure it will remain as it is, investors and traders will continue to seek for Bitcoin as good asset for both long and short-term even they already have alts investment. Most of the time those long-term holders really enjoy receiving better profits for trusting this coin.

[BITCOIN4X]

Bitcoin still dominate the market cap at over 43% currently based on coingecko data. It is clear that bitcoin is still one of the favorite asset for investor and trader today and we know that the adoption of bitcoin as a legal tender is also on the rise so far. The current total market cap for bitcoin is $615,454,038,928, this should be a fact that bitcoin is the favorite. If you decide to invest in crypto, then bitcoin should be in your portfolio.

~Snip
bitcoin is also a cryptocurrency that is liked by everyone because the price of bitcoin continues to rise from year to year.

Not everyone likes bitcoin because of its price, but some of them are more concerned with its usefulness or what is called innovation. You need to know that countries that legalize bitcoin as legal tender in my opinion don't really care at what price bitcoin is traded, but that's because of its innovation as a currency or mean of payment.

[wahyu wida]

The richest investors in the world definitely choose bitcoin as their favorite crypto currency because bitcoin is the first crypto currency created by Satoshi Nakamoto and bitcoin is also a cryptocurrency that is liked by everyone because the price of bitcoin continues to rise from year to year. In some countries also have accepted bitcoin as a means of payment and there are also some applications that use bitcoin as a legal tender.

For investors, of course, seeing the opportunity for bitcoin, they will be interested in making it the main investment tool in cryptocurrency. although it has great volatility, but bitcoin is a safe investment in my opinion. we can see from the beginning until now the graph has always been uphill, and it is very likely that this will continue to rise as more people adopt it

[AakZaki]

It would be very difficult to explain but one of them is because bitcoin is a crypto currency that was created in the first place. BTC can be called as the mother of all digital currencies today. In addition, a consensus system has been created and people's trust in its value has made BTC valuable to this day. This foundation has been firmly planted for crypto market players, so the value will tend to increase even though it is very volatile.

[XUNing]

Bitcoin has existed for a long time and has indeed withstood the test of time. Bitcoin has been recognized and accepted by more people, and more users choose to invest in Bitcoin. The circulation of Bitcoin is getting better and better, and the demand for it is increasing, but the total amount of Bitcoin is fixed and scarce. This kind of supply and demand relationship will increase the value of Bitcoin.

[ropyu1978]

Bitcoin has existed for a long time and has indeed withstood the test of time. Bitcoin has been recognized and accepted by more people, and more users choose to invest in Bitcoin. The circulation of Bitcoin is getting better and better, and the demand for it is increasing, but the total amount of Bitcoin is fixed and scarce. This kind of supply and demand relationship will increase the value of Bitcoin.

it's true as you said because bitcoin remains strong and survives until now, even though we know a lot of people hate bitcoin, the government also prohibits the use of bitcoin, but bitcoin is still the main choice for everyone, bitcoin has had a lot of positive impacts for us , making our finances even better, so even though the price of bitcoin is now dropping, people are still loyal to bitcoin..

[imstillthebest]

It cannot be denied that bitcoin is the first pick of everybody, and while the situation isn't back to where it was let's all save every coins and don't waste it for non sense. Popularity kept growing despite of every challenges, that why my I am devoted to hold bitcoin and made it a priority of all my holdings. Though I had some altcoins, but this currency made me learned a lot of financial literacy as I got older in crypto.

we can go back mate to the time where btc price is cheaper but not to the time where btc is valued at a cent or lower than that because not all are willing to sell all thier btc's but this shouldnt be a reason to recklessly spend our btc because waiting times could be much longer than what we are expecting .
also not all that who know crypto has chose btc first but they will soon realized it that btc is more valueable than any other coin .

The truth is that they will never choose Bitcoin until such a time that someone could prove it. The word Bitcoin and cryptocurrency, in general, has been known on the internet. It comes to this time that most of people are having interest in Bitcoin and it becomes their favorite because of its price, not how it is valued in our lives and in the future. Well, they are right as we can really make money from investing in Bitcoin far from how altcoins can give us.

we are a proof and the time btc spent is another proof that btc is a good coin compare to shitcoins out there.
 i have a friend and i recomend btc to him once after he ask for help with crypto investment but he choses the shitcoins because theres another person that gave him advices and he got tempted to the gains made by that guy but he dont end up in the same path. i bet he is regretting now

[KennyR]

Bitcoin as an innovation out of the blockchain technology have overcome lots and lots of hurdles. During this time period since it's existence it has died on several occasions. Upon such activities and progress out of such incidents it has grown tremendously. More other cryptocurrencies that are into usage during its beginning days are not in usage at present. This is the major reason why Bitcoin is the favourite choice for majority of the cryptocurrency hodlers.

[masterrex]

IMO, I believe it is and it was no doubt about it, the first thing is Bitcoin as a pioneering cryptocurrency exert a deep influence throughout the industry, the second thing was Bitcoin has the largest share of the pie in the Crypto Market Capitalization, and maybe it was the main reason why many new investors are still choosing Bitcoin as a coin choice for investment compared to other cryptocurrencies in the market. That's why it has no doubt Bitcoin still the favorite choice for investors.

[clint25n]

bitcoin will always be the favorite.choice for the business world, especially young people who are very enthusiastic in the business world who are starting to be loved.by all circles.and the business is very transparent.and open to investors in terms of seeing the selling price and buying price for a person. the investor, then from there.that his performance is still very favorite.for a business that is trending at its time

[mrongoz22]

bitcoin will always be the favorite.choice for the business world, especially young people who are very enthusiastic in the business world who are starting to be loved.by all circles.and the business is very transparent.and open to investors in terms of seeing the selling price and buying price for a person. the investor, then from there.that his performance is still very favorite.for a business that is trending at its time

it's true as you said comrade, bitcoin is still the favorite choice, because most of us must be very difficult to find jobs, especially coupled with the pandemic which is increasingly destroying the economy, so the only choice is to play in crypto to be able to provide for our families us, krypto will always be the first choice, for us middle class..

[Btcvilla]

although there are still many who prohibit bitcoin in a country coupled with the drop in the price of bitcoin, it does not make people lose confidence in choosing a business to invest in, the reason bitcoin is still a favorite is the buying and selling process which is still very transparent and open, in particular for beginners.they can see firsthand the process of ups and downs of a price against bitcoin and can be observed directly by its businessmen

[taufik0911]

Bitcoin as an innovation out of the blockchain technology have overcome lots and lots of hurdles. During this time period since it's existence it has died on several occasions. Upon such activities and progress out of such incidents it has grown tremendously. More other cryptocurrencies that are into usage during its beginning days are not in usage at present. This is the major reason why Bitcoin is the favourite choice for majority of the cryptocurrency hodlers.

it's true that bitcoin is a pioneer of cryptocurrency, bitcoin is indeed a favorite of investors because when it is projected its circulation is coupled with the potential for profits to make medium to long-term investments that are very large
but in my opinion bitcoin is not the best choice for cryptocurrency because bitcoin is still a beta version or a stuck cryptocurrency can't be developed anymore by the developer

[molsewid]

Bitcoin has existed for a long time and has indeed withstood the test of time. Bitcoin has been recognized and accepted by more people, and more users choose to invest in Bitcoin. The circulation of Bitcoin is getting better and better, and the demand for it is increasing, but the total amount of Bitcoin is fixed and scarce. This kind of supply and demand relationship will increase the value of Bitcoin.

Bitcoin still and always the traders and investors favorite choice and even if the price to own a single bitcoin in your is definitely costly many were still dreaming to have it in their digital or hardware wallet. This token have had already proven the worth to hodl this even for a quite long term because it is worth to hodl and the prize of having a patience to hodl it for a long term is definitely a good return of investment, this is the most widely known cryptocurrency and bitcoin became the face of crypto.