Why this cryptocurrency is best for new crypto investors

Cryptocurrencies are still relatively new, and people are naturally skeptical in whether these digital coins are worth all the hype. At the same time, cryptocurrency Experts continue to push people to add them to their portfolios with an argument that only value and use will be obtained.

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For a new crypt’s investor, if you only sip the toes in kingdom cryptocurrency, there is one probably your priority for others: Bitcoin.

John Haar, General Manager at Labud BitcoinExplained Why would bitcoin consider.

It may be the hardest reason to start Bitcoin is that this is the original cryptocurrency, the first introduced in 2009. years, Haar said, and one of the most respected and stable coins now.

Not all cryptocurrencies are in fact the currency of salaries. Haar describes Bitcoin mostly as “fixed supply, decentralized digital monetary assets”. He pointed out that when you look at every other cryptocurstility, they do not fulfill all description.

In addition, even other forms of currency, such as dollars, do not have a fixed offer.

“In other words, immediately if you hold one bitcoin, hold one 21 million bitcoin bitcoin”, who said that Haar said it was “from the total dollar offer, with a very large difference that the dollar bid is not Fixed number, it’s just just fixed. “

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In order for something monetary wealth to exist that there is a certain amount of use, Haar said, with people who hold it, saves and keep their value in it.

“Many other tokens really do not satisfy that description. So we really believe that Bitcoin stands in their category.”

In addition to the first cryptocurrium, Bitcoin is also the greatest, Haar explained.

“If you download the number of bitcoins that exist – today there is close to 21 million, and today you take into account about $ 96,000, which gives you a total market cap of $ 1.9 trillion,” he explained.

The next largest cryptocurrency after Bitcoin is Etherum, with a market cap of $ 320 billion. “So Bitcoin is much more than the next cryptocurrian.”

It is unlikely that the average investor will have multiple $ 96,000 in Bitcoin, but happily, you can invest in Bitcoin in other ways, including Investment in CRIPTO Exchange Traded Funds (ETF), Investing in Bitcoin “Investing in Bitcoin” Technology and semi-conductors, investing in Bitcoin Mining Stock (public trade companies that run equipment that Confirms Bitcoin transactions) and more.

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