Bitcoin is still the favorite choice

[mrkhan90]

There are maney coin are stable from cryptocurrency market, Bitcoin is one of them.There are no doubt for greater of bitcoin in the cryptocurrency world. Basically we know that Bitcoin price is very high position than others crypto in the cryptocurrency market.We also know that it's popularity will increase day by day.So I believed that Bitcoin is the favorite choice in this moment.

[goldade]

Bitcoin has gained trust and popularity among the masses because it has stood the test of time. Bitcoin remains the world's favorite partly because it is the first cryptocurrency and the leading one in terms of price and partly because many financial institutions are now accepting it compared to other cryptocurrencies.  You can easily spend your bitcoins as every merchant accepting cryptocurrencies accept Bitcoin unlike other cryptocurrencies.
Infact, you have to change several of those cryptocurrencies to bitcoin before you can actually spend them

[slaman29]

I think you're not the only one who dares to say that bitcoin is the favorite choice, I'm sure all of us must admit that bitcoin is our favorite choice, because bitcoin has been proven to give us freedom in all fields, and which certainly has helped us make our finances so it's better, even though the current price is not good, but bitcoin is still everyone's first choice..

Duh he's not the only one but no, not all of us chooses Bitcoin as their top dog. You probably haven't met certain people like Bitcoin Cash creator who insists Bitcoin is shit and he made the "original BTC", but then after that even his supporters tired out of him and kicked him off to do his own Bitcoin SV thing.

Bitcoin is best, but some people have a strong deniability.

[BITCOIN4X]

The institutional investors needed the go from regulatory bodies, but I can very well imagine that the people behind those institutions already invested in Bitcoin personally. If they were fully against Bitcoin they would probably also not be that prone to invest in Bitcoin as an institution. But they slowly but surely realize that the train is leaving and becoming faster and faster.

This may be a different case with institutional investor. If you are a company owner, and your country has bitcoin friendly rule then maybe you should also consider this investment early on if you are really interested in the potential that bitcoin has. Private and institutional investor are very different, they have the same goals but very different ways of investing.

Private investor only think about profit and their own future, but institutional investor will think about how the balance of the company's balance sheet is maintained and they are also determined to boost the popularity of their company by investing in bitcoin. For example Tesla, now his company is widely known by everyone in the bitcoin community because they invest and accept bitcoin as a mean of payment.

[skybot13x]

The institutional investors needed the go from regulatory bodies, but I can very well imagine that the people behind those institutions already invested in Bitcoin personally. If they were fully against Bitcoin they would probably also not be that prone to invest in Bitcoin as an institution. But they slowly but surely realize that the train is leaving and becoming faster and faster.

This may be a different case with institutional investor. If you are a company owner, and your country has bitcoin friendly rule then maybe you should also consider this investment early on if you are really interested in the potential that bitcoin has. Private and institutional investor are very different, they have the same goals but very different ways of investing.

Private investor only think about profit and their own future, but institutional investor will think about how the balance of the company's balance sheet is maintained and they are also determined to boost the popularity of their company by investing in bitcoin. For example Tesla, now his company is widely known by everyone in the bitcoin community because they invest and accept bitcoin as a mean of payment.

I get what you are saying here but I would say that Tesla is a bad example for a company that gained popularity because it is dealing with Bitcoin or investing in it and accepting it. Tesla has been known by everybody anyway. Kodak is a better example. I think they included the name Bitcoin or Blockchain somewhere and there shares on the stock market went through the roof only because they added a certain word to their name or so. It was a weird story and I think they got some trouble for manipulation as well.

[boyptc]

Plus also many countries are starting to adopt bitcoin for this payment system adding trust value to bitcoin. I also heard that many automotive sales and e-commerce sectors accept bitcoin. This may be one of the capitalizations of bitcoin getting bigger and more trusted until now

And that also increases the trust of the people in bitcoin when most of these countries are adopting bitcoin and tells them that it's fine to own bitcoin into their jurisdictions.

That's giving them confidence and makes bitcoin at the top choice of their citizens and as well as people who are watching out its progress. There won't be any law that will stop them to own it because that's what they fear.

Of course, seeing the potential of bitcoin in the future makes people who know it tend to start immediately so that later they don't miss the train, on the other hand, with bitcoin not being legalized, it makes people think back, but many countries allow bitcoin, but whatever happens is personal responsibility

Actually, there's no need for those countries to legalized bitcoin.

What they must do is not to impose ban and there's no basis anymore for those people to set back and that means a go signal that bitcoin is fine on their country.

[cheezcarls]

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

It is undeniable that Bitcoin is still the "king" of cryptocurrencies. Without Bitcoin, there would be no altcoins and we have to be thankful to Satoshi Nakamoto for making this a reality since it began last 2009. And the rest was history! It's still the favorite choice for most of the crypto enthusiasts around the world.

Bitcoin was built for long-term investment and holders are the true winners (especially if they've bought BTC years ago).

[Issa56]

I really believe in bitcoin and bitcoin is my number one cryptocurrency because it has face a lot of challenges all the way from 2017 and bitcoin is still struggling to survive bitcoin is my best Cryptocurrency why other coins follow it. Lots of people don't really believe bitcoin will get to this level and I believe bitcoin is still going to go higher very soon.

[Qikiye]

Of course Bitcoin is the number one currency in my personal view and storages. I already invested and always seeking to invest in only Bitcoin and Bitcoin derivatives. I am a good investor who already invested only Bitcoin from 2017....

[bittraffic]

Well BTC grows faster than any other coin, it should be the first choice for crypto investors. The other tokens could just be some other option to experiment with because there are ways to make money out of it like the Defi.  There are just more benefits in having your money stored in BTC because it's more adopted that you can use it to buy on commerce sites.

[BuNga_cute]

I really believe in bitcoin and bitcoin is my number one cryptocurrency because it has face a lot of challenges all the way from 2017 and bitcoin is still struggling to survive bitcoin is my best Cryptocurrency why other coins follow it. Lots of people don't really believe bitcoin will get to this level and I believe bitcoin is still going to go higher very soon.

Since the achievement of Bitcoin in 2017, then after that Bitcoin experienced a dump and how Bitcoin tried to recover. Even when Bitcoin dumps many
people think Bitcoin will die, but in 2021 Bitcoin proved to be a great achievement, reaching a price of $60k. That's a tremendous achievement,
moreover Bitcoin achieves it in a pandemic situation, where other assets are experiencing a decline. This has finally made Bitcoin my favorite choice
until now for investment. And until now there is not a single coin that is able to beat Bitcoin, even since Bitcoin began to be released on exchanges,
Bitcoin has always dominated the market. So it is very feasible for me Bitcoin to be a favorite choice.

[NicNacCoin]

Of course mate mate Bitcoin always the favourite choice for classes of people, some countries governments already declared Bitcoin as their legal currency, a few days ago Amazon declared Bitcoin as their payment system. But unfortunately my country never support Bitcoin.

[skybot13x]

Of course mate mate Bitcoin always the favourite choice for classes of people, some countries governments already declared Bitcoin as their legal currency, a few days ago Amazon declared Bitcoin as their payment system. But unfortunately my country never support Bitcoin.

No you aren't real very well up to date. The Amazon rumors turned out to be a fake and Amazon explicitly explained in public that there are no plans to accept Bitcoin on their platform in 2021, as was stated in the article. We should also keep in mind that the countries that declared Bitcoin legal tender are really really small countries. It is good to see that happening, but it is not that much of a deal yet. Though better than nothing definitely!

[glendall]

bitcoin will be the number 1 choice because bitcoin is the king of crypto and its fame will not be lost, even though a lot of negative news comes, the more negative news the more people find out about bitcoin and buy it

[ElvanKarim]

Why everyone saves money or investment for the future,to secure their future. Bitcoin is the first choice here, as it has limited issuance. There only 21 million has created, so the value of it increasing day by day. So the ups & down of BTC price doesn’t make disappoint the investors as they have a strong believe on BTC.

[bitzizzix]

For me bitcoin has been a favorite choice because it has always proven to be very profitable for me and have received many benefits during my time getting to know bitcoin.

so bitcoin will always be my favorite and priority to own bitcoin other than any other coin, and it will be more profitable to make long term investments and that's how i feel and it's real.

[rina aulia]

No you aren't real very well up to date. The Amazon rumors turned out to be a fake and Amazon explicitly explained in public that there are no plans to accept Bitcoin on their platform in 2021, as was stated in the article.

It's sad that the rumors were not responded to quickly enough to spread widely in various media, very bad if it's a way of market manipulation for the benefit of certain traders. Crypto is still crypto so there is no need for adoption for big platforms as they can revoke crypto adoption at any time to bring down the market.

[Slow death]

Yes, it is, Bitcoin is still #1 for me because of the price.

you couldn't control yourself 


in my opinion what makes bitcoin the favorite Is because bitcoin has anonymous creator, bitcoin is decentralized this creates a lot of confidence in investors, imagine if someone takes 5 million american dollars and buys a centralized altcoin and weeks later the altcoin creator makes one Twitter badmouthing his altcoin or he sells a lot of coins and the price drops a lot and the person who invested 5 million US dollars will be at a loss. but if a person takes 5 million US dollars and buys bitcoin he doesn't see these risks, that's why bitcoin is the favorite

[Brendanaltmoon]

Bitcoin is the standard. Bitcoin is the proof that Crypto is alive and will stand the test of time. My crypto portfolio is 75% Bitcoin, ever since I started and I know plenty of people still has bitcoin as their major cut of the pie. What this show is more that just belief, its TRUST. People trust bitcoin now. People know that its no longer a scam or a dream, it works and its here to stay.

[Henrobakkara]

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

It is undeniable that Bitcoin is still the "king" of cryptocurrencies. Without Bitcoin, there would be no altcoins and we have to be thankful to Satoshi Nakamoto for making this a reality since it began last 2009. And the rest was history! It's still the favorite choice for most of the crypto enthusiasts around the world.

Bitcoin was built for long-term investment and holders are the true winners (especially if they've bought BTC years ago).

I believe you are right. It is now obvious from past growth of Bitcoin investment that, Long term  Investment in Bitcoin is better even though we know that some investors daily trade Bitcoin too if you know-how. If you are truly a Crypto investor, I believe that most have some Bitcoin in their portfolio because investors have seen how Hodling Bitcoin for the long term has proven to be a wise choice.