SaepulMT
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November 17, 2023, 08:06:42 AM Merited by fillippone (1) |
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Yes, it is true that Bitcoin is the king of cryptocurrency because the rise in Bitcoin influences the movement of other cryptocurrencies. As a Bitcoin user, I bought this cryptocurrency at the lowest price, then sold it when the price skyrocketed. If the application of this strategy is correct, then digital assets can become an additional asset investment.
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Out of mind
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November 17, 2023, 08:20:02 AM |
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We know without a doubt that Bitcoin is king because without Bitcoin all cryptocurrencies would not exist. Bitcoin is the virtual currency that can eliminate the financial problems of an investor and make him financially prosperous. Moreover, people can earn good amount of money by investing in Bitcoin and its popularity has increased tremendously all over the world. Many countries have legalized Bitcoin as legal tender and introduced Bitcoin trading, which is really interesting. Countries that have opened up this Bitcoin have prospered financially because Bitcoin is a store of value. The price of this Bitcoin is always increasing, and its popularity is constantly increasing, and people have been able to earn a lot of money by investing in it. Not only for earning bitcoins, people also use bitcoins for foreign transactions and factory transactions. By using Bitcoin people get their maximum security for which this virtual currency is most popular and called the king of crypto world.
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LeoKenton92
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November 17, 2023, 09:53:36 AM |
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but it is also very risky due to its volatility. You could also lose money....
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Blitzboy
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November 17, 2023, 11:01:35 AM |
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We know without a doubt that Bitcoin is king because without Bitcoin all cryptocurrencies would not exist. Bitcoin is the virtual currency that can eliminate the financial problems of an investor and make him financially prosperous. Moreover, people can earn good amount of money by investing in Bitcoin and its popularity has increased tremendously all over the world. Many countries have legalized Bitcoin as legal tender and introduced Bitcoin trading, which is really interesting. Countries that have opened up this Bitcoin have prospered financially because Bitcoin is a store of value. The price of this Bitcoin is always increasing, and its popularity is constantly increasing, and people have been able to earn a lot of money by investing in it. Not only for earning bitcoins, people also use bitcoins for foreign transactions and factory transactions. By using Bitcoin people get their maximum security for which this virtual currency is most popular and called the king of crypto world.
Yes, Bitcoin is without a doubt the king of cryptocurrencies! As if it were the building stone of the whole world of cryptocurrencies, things would be very different without it. It is interesting how it can change people's cash situations. Yes, economies in countries that accept Bitcoin have grown, which shows that it is having a big effect on the world economy. But dont forget about how unstable the price of Bitcoin is; its like a roller coaster ride: fun, but with risks. Its not just a passport to riches; smart investment is also important. And yes, the fact that it can be used in foreign and business deals shows that it can be used for more than just investing. The safety part? Absolutely superb. Bitcoin has created a complicated web of rules in the money world that is always changing. It is the clear leader in the crypto world because it is strong and can be used in many ways.
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Ayers
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November 17, 2023, 12:01:06 PM |
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We know without a doubt that Bitcoin is king because without Bitcoin all cryptocurrencies would not exist. Bitcoin is the virtual currency that can eliminate the financial problems of an investor and make him financially prosperous. Moreover, people can earn good amount of money by investing in Bitcoin and its popularity has increased tremendously all over the world. Many countries have legalized Bitcoin as legal tender and introduced Bitcoin trading, which is really interesting. Countries that have opened up this Bitcoin have prospered financially because Bitcoin is a store of value. The price of this Bitcoin is always increasing, and its popularity is constantly increasing, and people have been able to earn a lot of money by investing in it. Not only for earning bitcoins, people also use bitcoins for foreign transactions and factory transactions. By using Bitcoin people get their maximum security for which this virtual currency is most popular and called the king of crypto world.
Which countries have accepted bitcoin as legal tender besides El Salvador? Furthermore, do you see El Salvador's economic situation becoming prosperous? Investing and making money in bitcoin is not easy, not everyone can make a profit just by investing in it. Whether you can make a profit depends on you, not bitcoin. I know that bitcoin has huge potential, but what you guys are saying is excessive hype about bitcoin. We don't need to exaggerate anything about bitcoin, let's tell people the truth about it.
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glendall
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November 17, 2023, 12:20:51 PM |
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as we already know, bitcoin is actually the first digital money, the rest is only a successor to bitcoin itself, where bitcoin is the main exchange value benchmark in crypto trading, so it cannot be denied that bitcoin is king and will not be replaced
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Ale88
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November 17, 2023, 12:26:09 PM |
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Bitcoin is king because :
1) It was the first crypto coin. People associate crypto with Bitcoin.
2) It has a solid foundation. Developers made this coin with long term vision.
3) It is a good option for current investors alao because it proved its worth in last 13 years.
You forgot the main point: it's completely decentralized, so no one owns it. The fact that Satoshi decided to disappear was a game changer because he decided to leave his project to the community. There is no other crypto like bitcoin because of this. There are some other good cryptos out there but bitcoin is and will be unique.
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Ricardo11
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November 17, 2023, 12:46:41 PM |
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Bitcoin is the most popular currency in the entire world. Bitcoin is the only decentralized one, and it offers maximum complete privacy. There is no doubt that Bitcoin is the criptocurrency king. There are people who don't know about Bitcoin, only they talk bad about Bitcoin and spread rumors about Bitcoin. The price of Bitcoin reaches an all-time high in every Bitcoin bull run. And every investor gets huge returns on it. Newbies should never listen to Bitcoin's bad words. Because Bitcoin is the king of cryptocurrencies.
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traderethereum
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November 17, 2023, 01:24:34 PM |
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I agree with you, therefore nothing will be able to replace Bitcoin, because without Bitcoin there would be no altcoin or cryptocurrency, so Bitcoin will remain the king and be the right choice to be used as a long-term investment, that's why I always do DCA Bitcoin every time the price goes down, because I believe the price of Bitcoin will make a new ATH price again, so I will definitely get a lot of profit from investing in Bitcoin at this time.
Hopefully, bitcoin can last for the long term so that we can get bigger profits from bitcoin investments. That is why, until now, there are still many people who prefer bitcoin as their main investment in crypto. They do invest in altcoins but they are alternative investments. For now, people are trying to accumulate bitcoins by buying them regularly. And before the bull run comes, they still have a chance to collect bitcoins. DCA has become the best method for those who have a limited amount of money to buy Bitcoin at once. That is why using the DCA method in collecting bitcoins is the best way for them to accumulate bitcoins.
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D ltr
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November 17, 2023, 01:59:06 PM |
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but it is also very risky due to its volatility. You could also lose money....
There are risks in every investment, it's just how we can respond to them, and find the best solution for all the risks we face. , as long as you are not greedy for making a profit . just that
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MinoRaiola
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November 17, 2023, 03:05:19 PM |
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After many years, Bitcoin is King. 1st place should always remain the true number 1. I think if it happens that Bitcoin are on place 2, BTC maxis will sold their altcoins to shoot Bitcoin back to number 1. If the acceptance of other countries continues, then they will go for the most important and valuable coins first, which means Bitcoin will always be there. So feel free to continue the list for many more years and always put Bitcoin at number 1 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Razmirraz
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November 17, 2023, 03:37:24 PM |
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Bitcoin has a clear track record of showing the ability to withstand market crashes, Bitcoin has better investment fundamentals than most other altcoins. There is no hesitation in calling Bitcoin the King of Cryptocurrencies because:
1. Only 21 million Bitcoins exist, so interest is always high compared to other coins. 2. Bitcoin was the first Cryptocurrency created and received widespread recognition. 3. Bitcoin consistently maintains the largest market capitalization and trading volume compared to other Cryptocurrencies. 4. Bitcoin has gained significant recognition and has become synonymous with Cryptocurrencies in general. 5. Bitcoin has been adopted in various parts of the world and is starting to be accepted by businesses, traders and individuals. 6. Bitcoin has become the most purchased, stored and traded cryptocurrency on the market.
It would not be wrong to call it king because its status is very clear, Bitcoin is the only fully decentralized and most popular cryptocurrency to date.
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fuguebtc
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November 17, 2023, 03:48:09 PM |
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After many years, Bitcoin is King. 1st place should always remain the true number 1. I think if it happens that Bitcoin are on place 2, BTC maxis will sold their altcoins to shoot Bitcoin back to number 1. If the acceptance of other countries continues, then they will go for the most important and valuable coins first, which means Bitcoin will always be there. So feel free to continue the list for many more years and always put Bitcoin at number 1 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) But if that happens then we need to consider what the cause is. Because if there really is a coin that surpasses bitcoin it is because it is better than bitcoin then even if BTC maxis sells all the altcoins to push bitcoin back to 1st place they can't do it forever. But this situation is almost impossible because 15 years have passed and there is still no coins that can put pressure on bitcoin, let alone dethrone it. The future is unpredictable, but in the near future it will be very difficult for anyone to replace bitcoin's number 1 position.
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itorai
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November 17, 2023, 03:58:24 PM Merited by fillippone (1) |
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It is true that BITCOIN is king in the crypto world because it is the first and most famous among other cryptocurrencies. And BITCOIN has a huge market capitalization and has a significant impact in the crypto world. Therefore, the nickname BITCOIN IS KING is indeed perfect for him.
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Winterfrost
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November 17, 2023, 04:16:34 PM |
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but it is also very risky due to its volatility. You could also lose money....
There are risks in every investment, it's just how we can respond to them, and find the best solution for all the risks we face. , as long as you are not greedy for making a profit . just that Yes there are risked to all investment but Bitcoin has less risk than other investment. This is because other investment are tied either to the government or a private organization which make them controllable. While bitcoin is not. However, the risk involved in Bitcoin is that people force themselves to sell or panic sell because some are not certain what the price will be in the coming days. Holding a Bitcoin is not risky. There is at least a 78% chance that the equivalent price in of Bitcoin to Fiat in 4 to 10 years will be greater than what it is today. The risk is left to us to choose. But ill rather take the risk of holding than selling.
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DaNNy001
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November 17, 2023, 04:47:01 PM |
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Yes, it is true that Bitcoin is the king of cryptocurrency because the rise in Bitcoin influences the movement of other cryptocurrencies. As a Bitcoin user, I bought this cryptocurrency at the lowest price, then sold it when the price skyrocketed. If the application of this strategy is correct, then digital assets can become an additional asset investment.
Bitcoin is for someone who is patient because their some investor out there who lacks patient and prefer some other altcoins that can fetch them quick profits in short period of time. I remember telling my friend about how Bitcoin is gonna shoot up very soon that I actually held some coins from last year when the price was still as low as 18k$ and that I have accumulated now that the price is looking friendly but he just laughed and said he doesn't have such patient and prefer altcoins and that he has made about 1k$ from big and short time investment in some altcoins that do tend to pump very fast.
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CageMabok
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November 17, 2023, 07:19:06 PM |
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Yes, it is true that Bitcoin is the king of cryptocurrency because the rise in Bitcoin influences the movement of other cryptocurrencies. As a Bitcoin user, I bought this cryptocurrency at the lowest price, then sold it when the price skyrocketed. If the application of this strategy is correct, then digital assets can become an additional asset investment.
This has long been true among many people who believe in Bitcoin and I have also proven it in the past where I was able to experience the benefits and witness the influence of Bitcoin which can make altcoins move in the market when Bitcoin gets a very good increase. So Bitcoin is fitting for Bitcoin to be a very useful future investment in addition to several different things such as business and real estate in everyone's life.
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Mate2237
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November 17, 2023, 10:45:55 PM |
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There is no dispute on that, bitcoin is the father of all the cryptocurrencies in the world. When bitcoin came to the world, no cryptocurrency has not been launched and bitcoin came as number one among all and for that the younger generational coins have to respect their father or grandfather. And from there bitcoin became the king in the family of cryptocurrency ecosystem. And another thing makes bitcoin to be the king of all is the store of value. Other cryptocurrency value is depending on bitcoin. Any direction bitcoin follow is the same way all will go.
Some people are saying that it is because bitcoin came first and that is why he is the king of all well to some extend it is yes but that is not the case may be but there other elements that take it to that position.
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n00ber
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November 17, 2023, 11:33:49 PM |
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but it is also very risky due to its volatility. You could also lose money....
There are risks in every investment, it's just how we can respond to them, and find the best solution for all the risks we face. , as long as you are not greedy for making a profit . just that Yes there are risked to all investment but Bitcoin has less risk than other investment. This is because other investment are tied either to the government or a private organization which make them controllable. While bitcoin is not. However, the risk involved in Bitcoin is that people force themselves to sell or panic sell because some are not certain what the price will be in the coming days. Holding a Bitcoin is not risky. There is at least a 78% chance that the equivalent price in of Bitcoin to Fiat in 4 to 10 years will be greater than what it is today. The risk is left to us to choose. But ill rather take the risk of holding than selling. Are you saying bitcoin is less risky than gold and real estate? Are 14-year-old assets with a capitalization of less than $1 trillion safer than thousand-year-old assets with a capitalization of tens of trillions of dollars? And is there anything government-related that would be unsafe? According to you, once the ETF is approved and government agencies and organizations will gradually invest in bitcoin. At that time, they hold the majority of bitcoin in their hands, will bitcoin also become unsafe? Is that what you mean because it is inevitable that bitcoin will become popular and many institutions will seek to hold the majority of Bitcoin?
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Fiasem20
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January 28, 2024, 10:43:49 PM |
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Bitcoin was the first cyptrocurrency and was invented by a person or group of people that bears the name Satoshi Nakamoto and this person or group of people isn't known till date.After bitcoin was invented,other cyptrocurrency came into existence called Altcoins for example dogecoin, Litecoin, Ethereum etc altcoins are also called shitcoins.Bitcoin remain the dominant and most popular cyptrocurrency worldwide.Bitcoin has gain popularity globally,due to its advantage over traditional currency most countries in the world has accepted Bitcoin as a legal tender and the first country to accept bitcoin as a legal means of exchange was El Salvador.People are craving to own this virtual currency called Bitcoin in their wallet.Bitcoin is the king of all cryptos because in terms of long term investment bitcoin is more reliable and transparent.
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