Post
Topic
Board Nigeria (Naija)
Re: Bitcoin still remain my choice.
by
Dailyscript
on 03/04/2025, 18:38:57 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 coin has show reliability in its potentials so definitely it will be an investors first choice, if you look at its past performance you will understand that it has no plans of going against the present trend, over the years bitcoin has been in an up trend but so has gold also, but why do people still choose to invest in bitcoin over gold, its because bitcoin has shown consistency in its productivity and is more easy in terms of prediction, although investing in bitcoin is more financially accessible than gold that could be a reason also. but nevertheless bitcoin has shown dominance over other stocks and coins in terms of reliability so definitely bitcoin will surely be my first choice.