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sayyedraza

BITCOIN IS STILL BEST-PERFORMING ASSET

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Bitcoin almost touched the $14,000 level at the end of June. However, the digital currency left the YTD peak to form a descending triangle that was finally broken below in September. In fact, last month Bitcoin had its worst four-weeks since November 2018 and one of its worst quarters ever in terms of percentage performance. Despite that, the king of crypto continues to dominate the space and show higher returns than traded companies, commodities, and other assets.


 

 

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4 hours ago, hanisanshez said:

I think that's the calm before the storm
Bitcoin will rebound and its price will rise in the coming months

I certainly agree, and I feel that Bitcoin is currently the only investment-grade crypto out there. Everything else is pure speculation at this point as there are not really any use cases for other tokens/shitcoins.

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I gained a lot of profit today with btc and it jumped to $8600+. Bitcoin is still the best crypto and good for long term hodling.

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19 hours ago, sayyedraza said:

Bitcoin almost touched the $14,000 level at the end of June. However, the digital currency left the YTD peak to form a descending triangle that was finally broken below in September. In fact, last month Bitcoin had its worst four-weeks since November 2018 and one of its worst quarters ever in terms of percentage performance. Despite that, the king of crypto continues to dominate the space and show higher returns than traded companies, commodities, and other assets.

Thats true and besides that bitcoin price now was continue to decrease, it remains one of the best performing assets to date compare to stocks and other traded commodities thats why still many choosing Bitcoin despite of its volatility issue.

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19 hours ago, sayyedraza said:

Bitcoin almost touched the $14,000 level at the end of June. However, the digital currency left the YTD peak to form a descending triangle that was finally broken below in September. In fact, last month Bitcoin had its worst four-weeks since November 2018 and one of its worst quarters ever in terms of percentage performance. Despite that, the king of crypto continues to dominate the space and show higher returns than traded companies, commodities, and other assets.

It will soon go up trend and according to the current movement of BTC it will cross the $9k target in today night which will further clear the future $15k target.


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It is regrettable that by the end of 2018 the BTC must decline dramatically. Yet for assets that are promising and of high value, BTC is still topping with higher values than other coins.

But we cannot also underestimate the movement of the coins underneath which are beginning to show their quality and can be very competitors for BTC itself as a very good long-term investment for the future.

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yeah you're right, btc is still the best performing coin in the market with the most dominance.

And its the safest investment among other cryptos.

If it continues to perform good we will see good prices soon

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On 10/9/2019 at 7:04 PM, TucoRamirez said:

I certainly agree, and I feel that Bitcoin is currently the only investment-grade crypto out there. Everything else is pure speculation at this point as there are not really any use cases for other tokens/shitcoins.

You nailed it in the head.

Bitcoin is money, the rest are casino tokens. If you want good but also safe returns in 2-3 years, only invest in Bitcoin. If you feel adventurous, invest in shitcoins. You may make more, make less, lose all, nothing is guaranteed there!

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It depends on what period you are referring to. So it came to $ 14,000 so it was, this year, also to $ 3500. As value, as domination, as adoption, yes it is performance, but like cryptocurrency there are other more efficient ones.

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1 hour ago, aann001 said:

ha ha.
I'm interested in what you think.
assume bitcoin is money and altcoin is casino gambling.
why do you think so man?

Altcoins come and go all the time. There many of them lying lifeless in the graveyard. Just because it is doing well right now doesn't mean it is not going to die tomorrow. Bitcoin on the other hand, it is going up and up. Never lost its spot neither.

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9 minutes ago, aann001 said:

yes, bad luck is mostly experienced by altcoin.
it's almost impossible to experience bitcoin 🙂

but I don't think they all have bad stories.
you try to think again with ETH, LTC, NEO, DASH etc. they are also altcoin 🙂

They also failed miserably. Especially dash. We warned others to stay away from it but sadly not everybody listened. It was a insta/premined scam since the beginning. Eth is also very far from its ATH while btc is only %60 down and that's because eth has unlimited supply. Neo is another failure. Only  Ltc did quite well.

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