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Author Topic: Bitcoin Outclasses Other Cryptocurrencies as an Investment Option, Here’s Why  (Read 519 times)
minersday
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December 23, 2019, 11:33:22 PM
 #41

No doubt about that, bitcoin has always been and will be the number one best store of value in this industry. Most altcoins are basically worthless and their investors are full of remorse right now. In the upcoming years i hope most people will learn from this experience and not jump into any project that pop up into this space. At least hold some bitcoins for the future profits.
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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December 24, 2019, 12:43:04 AM
 #42

No doubt about that, bitcoin has always been and will be the number one best store of value in this industry. Most altcoins are basically worthless and their investors are full of remorse right now. In the upcoming years i hope most people will learn from this experience and not jump into any project that pop up into this space. At least hold some bitcoins for the future profits.

When it comes to fiat conversion and market demand I think Bitcoin is the best option among the cryptocurrency to invest in since there are lots of third party exchanges that converts Bitcoin to cash and that makes us worry less if ever we invest in Bitcoin, but in terms of profitability I think new established promising legit altcoin is way better than Bitcoin since it is just on its infancy stage and price would possibly balloon to more than 10x in just a short period of time. 
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December 24, 2019, 02:59:57 PM
 #43

Bitcoin tops every altcoin at all times. Ever since I knew what was cryptocurrency Bitcoin has been my favorite, and it’s the only cryptocurrency that has gained wide adoption, unlike altcoins there are lots of online marketplaces where you can spend your Bitcoin and it’s being used by a lot of people, so you can as well send payments to people. Apart from being the more accepted Bitcoin it is also a better investment.

My friends invest in altcoins and from the results they get, I can say that Bitcoin is far much better, unless they have invested in the wrong altcoins. I am not trying to say that there are no good altcoins, there are good ones, as of recent that has been ChainLink, and BNB did well this year and 2018 as well.

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barabarian1
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December 25, 2019, 06:47:37 AM
Last edit: December 25, 2019, 07:14:28 AM by barabarian1
 #44

bitcoin will always outperform other cryptocurrency because bitcoin is the first in cryptocurrency and bitcoin provides a greater advantage than altcoin. These two years the majority of altcoin has lost its value many investors who suffered losses. Therefore, investors are now more confident in bitcoin and that's why bitcoin currently dominates the crypto market by 68%.

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Vishnu.Reang
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December 25, 2019, 07:04:37 AM
 #45

The Bitcoin dominance in the market seems to be going up, once again. During the past few weeks, this parameter has increased from ~66% to 69% now. The only thing that worries me is that rather than due to its own merit, the dominance is going up due to the lack of interest in the other cryptocurrencies. Ethereum is down because the roll out of ETH 2.0 is delayed. LTC is down ever since the block reward halving. Some capital has moved from alts to BTC. But even after all that BTC is not looking very strong.
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December 25, 2019, 08:55:53 AM
 #46

bitcoin will always outperform other cryptocurrency because bitcoin is the first in cryptocurrency and bitcoin provides a greater advantage than altcoin. These two years the majority of altcoin has lost its value many investors who suffered losses. Therefore, investors are now more confident in bitcoin and that's why bitcoin currently dominates the crypto market by 68%.
I also believe this, that bitcoin is the best cryptocurrency for quite a lot of reasons. one of which is without bitcoin, altcoin doesn't exist either, and bitcoin also provides innovation to the development of altcoin and the most important thing for me is that bitcoin has helped enough people to earn income.

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julius caesar
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December 25, 2019, 09:42:11 AM
 #47

When it comes to the value, bitcoin really outcast other cryptocurrency but technology wise, some altcoins already performed well compare to bitcoin and this is true. Bitcoin is still limited, and altcoins are the best alternative when it comes to the usage and not just about the investment side.
The main reason why bitcoin outclasses other cryptocurrency is because it is the most trusted coin in the cryptocurrency scene. Even though the value of it is unstable, it is gonna be easy for it to recover because it has so many investors. Some investors tend to check the ranking of the coin first and as we all know, Bitcoin is on the top list that is why they are investing into it.

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December 25, 2019, 09:43:43 AM
 #48

No doubt about that, bitcoin has always been and will be the number one best store of value in this industry. Most altcoins are basically worthless and their investors are full of remorse right now. In the upcoming years i hope most people will learn from this experience and not jump into any project that pop up into this space. At least hold some bitcoins for the future profits.
Yes, people have become better versed in cryptocurrencies, we have more information about fraudulent projects, so I think now to attract serious investment can only projects that are really already in demand in the market. People are tired of empty promises from teams of fraudulent projects. The future is for really promising cryptocurrencies with working prototypes of their platforms.

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December 25, 2019, 02:58:08 PM
 #49

Because in fact it is the only cryptocurrency that will help you get rich.
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