Post
Topic
Board Economics
Re: Why Bitcoin is the only crypto you should BUY
by
Z_MBFM
on 24/04/2024, 18:17:47 UTC
Definitely bitcoin is a far better cryto currency than all the rest others that are tied to one person or group of persons and if something were to happen to them or the company the currency fails, and other thigns like bad management or corrupt ceos can also result to lose of funds, here in bitcoin we don't have any one person or group of persons that are in control of what so ever that is happening in bitcoin and the community is not managed or tied to the founder which we don't even know his where about, bitcoin is a more valid and safe digital currency to buy than all the others.
Agree. Bitcoin is the most recommended coin, it is the best one. Bitcoin is purely decentralized, meanwhile other crypto coins are not 100% decentralized. That's why the value of other coins can be influenced by many factors, including the internal factors such as bad management, untrusted CEO, or other things. Bitcoin is not influenced by those things, that's why people more trust on Bitcoin. Also, Bitcoin isn't controlled by any person or any institution. It is purely about the demand on the market. This is one of the advantage of Bitcoin, they have no manipulation issues of internal factors.



Yes other cryptocurrency coins are not 100% decentralized but Bitcoin is fully decentralized which is a big advantage of Bitcoin. Because of this, Bitcoin has a huge amount of investors and Bitcoin alone is in the market with a trillion dollar market cap. Due to this, the risk in investing in Bitcoin is very low. so those who have limited budget for investment should choose only Bitcoin for investment and enjoy the potential profit