Bitcoin has become the greatest coin in the world for saving money and earning more profits, which is why many people prefer to have a Bitcoin as an asset rather than investing in any other currency, which can result in them losing their entire investment. Because, all this while the market of altcoins is not encouraging. However, they just follow the Bitcoin market; but if it falls, they will also collapse. When the Bitcoin market begins to grow, instead of altcoins should follow up, but they will not.
That’s why since their market has been reduced value and there are no signs that they will soon return to their previous level of value, not everyone is as interested in investing in altcoins. Additionally, because Bitcoin is a reliable coin, many people decide to hold it as an asset because of its high market value and quickly growing rapidly.
Even though it may not be considered the best coin in the world right now, Bitcoin has been among the best for decades. It has proved many people wrong over the years, and I believe it will continue to prove those with negative views wrong. However, while Bitcoin continues to grow, its future profits are not guaranteed. We should not encourage anyone to believe that investing in Bitcoin guarantees high returns tomorrow, because no one truly knows what the future holds.
In addition, we should avoid comparing Bitcoin with altcoins, as many of them have failed their investors. Bitcoin price history has speaks for itself, and we should not expect any other coin to perform in the same way as Bitcoin.
It may not be the best but it is among the best and the rate at which it Is accelerating, there is every tendency that it will outgrown those of them that seems or appear to be more than Bitcoin for now because where Bitcoin skyrocketed from is really something that is confusing most persons till now because the never believed it. Bitcoin is a growing and it shall continue to grow and its potential speak about it all, but passing wrong information to someone who want to invest in Bitcoin will be wrong and it may affect the person in his investment the reputation of the person that passed the information will be ruined and it will somehow give Bitcoin a bad name like scam project which is not true.