There is no better cryptocurrency other than Bitcoin, unless of course you have done some research on Ripple & its XRP or XLM token specifically for cross border payments etc.
Even though Microstrategy is at an ATH, Michael Saylor continues adding bitcoin to the company , as an example 2 weeks ago they had a market cap of 74Billion, it's now surpassed $95 Billion, in a matter of two weeks , thats an increase of more than SOFI's total market cap and a few Billion extra. This is phenomenal, yes Microstrategy is extremely volatile with a rating of 100 so enter carefully as there will be a correction and when this happens see it as a buying opportunity.
Microstrategy is paving the way not only for Bitcoin miners who are now embracing the same strategy at buying & holding Bitcoin but also for many other listed companies as Microstrategy is slowly but surely creeping up the ladder to ultimately become a company that not only becomes a Bitcoin bank but also the largest company that will no doubt surpass the Big 7 to ultimately become a listed company that has the largest Market Cap.....Think about that for one moment & ask yourself the following question ... could this actually become a reality as the price of Bitcoin increases in the next 10-20 years ?
As a Final note if you have any doubts think on this.
1. Bitcoin started way back in 2009.
2.The price has historically been climbing even though it's volatile.
3. The spot bitcoin ETF's approvsl & release was Jan 2023, which means it will now be adopted by society even though any new product released is only embraced by society after 15 years....
4. Pension funds would surely want a finger in this pie going forward as it's the only Asset I know of that protects your Fiat currency against inflation.
5. Are you still having any doubts about Bitcoin or which cryptocurrency is better ?
So Many choices, you only have to make one (1) choice to have a finger in this pie.
Disclaimer: Iam indeed a holder of Bitcoin.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
thanks for sharing. as a newbee, i wonder how do you manage to handle the potential big swing of bitcoin?
for example, bitcoin falls to $16k after hitting 60k in 2021. i’m afraid i can’t hold during this period.