Post
Topic
Board Trading Discussion
Re: What are the reasons you prefer investment in Bitcoin over other Cryptos?
by
wxa7115
on 28/07/2018, 17:15:35 UTC
I believe investments in Cryptos are the priority for beginners. But most people like Bitcoin since it’s obvious, so are you like that? And if so then what’s the reason for your investment? My reason is that the potential is huge in this as compared to some others, but I do know that higher amount is required to gain more.

Here are some reasons by experts, and I agree most of these but like to see how many of you guys agree with. https://www.asiacryptotoday.com/reasons-you-should-invest-in-bitcoin/
It is not really complicated to know why people prefer to invest in bitcoin than to invest in altcoins, most altcoins are either copies of another project or just useless coins created to enrich the developers and nothing more, so even if bitcoin is expensive and it cannot give you profits like an altcoin could, the profits you can get out of bitcoin are still incredible, just last year if you you bought in January of 2017 and sold in December of 2017 you could have gotten 20x your investment, do you know how long you would need to wait to get those kind of profits in real estate or stocks? You will never get those profits with stocks and you will be lucky to get those profits with real estate in 20 or 30 years.