Post
Topic
Board Nigeria (Naija)
Re: Bitcoin still remain my choice.
by
Donneski
on 09/03/2025, 10:52:55 UTC
Let me  just go on a short Bitcoin volatile history,but you can still carry out your own research for more clarity.
Let me start by saying this,since bitcoin was first introduced,bitcoin has had a chopy and volatile trading history.bitcoin was designed to be use as currency in daily transactions.bitcoin's price is a product of demand,supply and market sentiment.and let me also remimd you that bitcoin is a cryptocurrency which investors have also used it to store value and hedge against inflation.
I'm now concluding with this,among all crypto asset classes,bitcoin have more volatile trading history.
The safety of investing in Bitcoin ahead of any other coin isn't debatable because history has market values have proven that there's no other safer crypto coin to invest in apart from Bitcoin. Bitcoin volatility is lower than any other coin in crypto market, the future values also shows that Bitcoin is a stronger investment option for any investor. Unless you're a crypto trader that prefers short term investments to long term, then you can be advised to study the market and invest in few altcoins than have a high future return value but if you're a long term investor, Bitcoin is not just the safest but also the most profitable coin you should invest in.