Here are my 9 reasons why I will not sell my Bitcoins anytime soon for alt coins.
1. Bitcoin is the only coin that has caught on to mainstream investors and attracted millions of investors.
2. Bitcoin has the largest market capitalization around $10 Billion
3. Bitcoin is the only coin with an ETF (exchange traded fund) that can be invested into with a 401k and Ira retirement plan.
4. Bitcoin is the most trusted coin since it has been around the longest.
5. Bitcoin is the most widely accepted coin as payment.
6. Bitcoin has a limited supply on how many coins will ever be in existence at 21,000,000 coins.
7. Bitcoin is the gold standard of crypto coins.
8. Alt coins try to imitate Bitcoins so they are not authentic coins, Bitcoin is the original crypto gold standard coin.
9. Most alt coins are scam coins and have billions of coins in supply so their value is really limited to how much they will ever really be worth. When it comes to currency you want a limited supply, higher supply means lower value for every coin in existence.
#bitcoin #crypto #altcoins #money #cryptocurrency
