Post
Topic
Board Nigeria (Naija)
Re: Bitcoin is d king of all cryptocurrencies true or false.
by
Agbamoni
on 24/03/2025, 02:52:38 UTC
I no say na bitcoin and anytin that is related to cryptocurrencies we dey discuss in dis local board which is d reason I bring dis topic for we to chuck mouth as bitcoin and cryptocurrencies users, bitcoin is d king of all cryptocurrencies which is true in my own observation because bitcoin has d highest population of investors and traders in d crypto space, bitcoin is d first cryptocurrency to reach $100k in d history of cryptocurrency, despite d predict some people predicted that bitcoin will not get to dis amount before it will decrease for other cryptocurrencies to take d lead, is there any cryptocurrencies that share d same price with bitcoin now?  d answer is no,  to show say bitcoin is d king of all cryptocurrencies. Wat is your opinion forum users.
If it were by trading analysis that we judge who is king in the digital space, there are altcoins that are highly traded. These days people will rather hold their Bitcoin than trade them because in the long run it is more profitable to hold Bitcoin compared to if you had trade it. In that sense, what makes Bitcoin king over all other digital currency is the assurance to stay in the market for long and the subsequent value it increases over time. You can bank on bitcoin for future profit, but you can't rely on altcoins because they are mostly manipulated.