We all know about cryptocurrencies and how they work. Everyone has their favorite crypto like I preferred bitcoin because there are lots of benefits of bitcoin, immediate settlement, greater liquidity, international transactions, security and direct transfer.
What you think about other cryptocurrencies?
I mean we are all Bitcoin believers, all of us here like Bitcoin for sure I mean it's even on our forums name, For me, bitcoin is the best cryptocurrency when it comes to investment compared to other cryptocurrencies bitcoin has the highest chance to increase its market price just because of its structure and when we implied supply and demand. Similar to what happened to early investors when the bitcoin price in the market skyrocket they all become rich at this point. So it's an easy rule to invest a high percentage of your portfolio in bitcoin.
There are thousands of cryptocurrency out there are most of it doesn't really have a use or value. I think cryptocurrencies at this point are pretty useless unless they have their own use, most of the top cryptocurrencies have their use, maybe solve a problem, or could also be a network. So I think it's a genius tech that we could use except for those cryptocurrencies that were just hype.