Post
Topic
Board Bitcoin Discussion
Re: How strong is Bitcoin compared to others cyptocurrency?
by
FrueGreads
on 23/09/2017, 09:28:16 UTC
Hi Everyone,

I am new and doing research on Bitcoin and some other cyptocurrencies. Just wondering if i were to invest, will Bitcoin be one of the safest to dump my money into?

Thanks and hope to hear your opionion soon people! Smiley


I can only give you my personal opinion, and please do not take it an investment tip. I'm not a finance adviser and I'm risking my own money here, and I know I can lose it. For me I would go for bitcoin, it was the first one, it has a great team behind it, if has the biggest community, and it already has a lot of money invested in it. If BTC would fail right now, I think all the other coins would just follow it. In the future I don't know of course.
Also, from an evolution point of view, I think it has the most potential as well (lightning network, atomic swap, are just a few things that will probably come). As for the investment itself, I would see it as a long term investment. Buy what you can and then just hold them. If you are a good trader, I think any coin will do actually, but for holding I would go for BTC.