Steem Crypto Challenge : Bitcoin is Booming - What About Your Favorite Coin ? - My Entry - Bitcoin

in Steem Bangladesh4 years ago

Hello friends, how are you all? I hope you are well. I have come up with another new article. The main topic of this article is why I like Bitcoin.

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★What is your favorite cryptocurrency that you hold or invest in..?

  • My favorite cryptocurrency is Bitcoi. Some people like the fact that Bitcoin is not regulated by the government or the bank. Which is why everyone likes this wallet.

People can spend their bitcoins fairly anonymously. Although all transactions are recorded, no one would know which 'account number' is yours if you did not know.

Is it safe?

Bitcoin is a very secure wallet. It has a lot of security. If you want to login first, you need to confirm the device first.Then if you keep it with automatic then after a month you will have to confirm the device again. And this is one of the features of Bitcoin is very secure.

★Why did you chose that cryptocurrency.?

  • I chose it for the security system.Every transaction is publicly recorded so it is very difficult to copy bitcoins, create counterfeits or spend your own ownership.

It is possible to lose your Bitcoin wallet or delete your Bitcoins and lose them forever. Also stolen from websites that allow you to store your bitcoins remotely.

★How long have you had that crypto..?

  • I was with Bitcoin from 2015-2020. I suffered a lot of financial losses due to the price fluctuations, but this time I was compensated for the sudden increase in prices.

The value of Bitcoin has risen year after year since it was created in 2009, and some people don't think it's safe to convert your 'real' money into Bitcoin. But you will not listen to such people. They do not know what is bitcoin? You can't use this popular wall if you listen to them

★What do you think of its current performance..?

  • I am amazed at the current performance of Etherium. At the moment it is $16680. Is within range. It's like the golden age of Bitcoin. It has increased a lot recently. Although people have started selling Bitcoin due to higher prices and to earn more.

★What do you think of its future prospects..?

  • According to Wikipedia, Bitcoin is a type of cryptocurrency traded through open source cryptographic protocols. Which some people also call digital currency. The idea is that this digital currency will have a huge impact on the world economy in the coming days. Transactions with this currency do not require any kind of financial institution, regulatory body or clearing house. In 2009, a scientist named Satoshi Nakamoto introduced the currency system.He called this monetary system 'peer-to-peer transaction'.

The time has not yet come to answer the question of whether Bitcoin is going to change the world. But five years after its launch, it is being considered for control. Of course, before that, it is trying to understand what the future might be like. Many are calling it 'Digital Gold'.

★Do you plan to hold, buy more or sell?..?

  • I'm not thinking of holding on for now. But again, if the price of Bitcoin goes down, I will change my mind and buy with a lot of money.

★What other cryptos would you like to buy and hold for the long term?

  • I basically work with Bitcoin and Steem. I prefer Steem to Bitcoin. My concern is, besides Bitcoin, I will hold Huge Steem. Because now the price of Steem is much lower. Looking at 2015-16, one can understand how popular Steem was then. I am hopeful it will happen again sometime.
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I loved it too. Untill today=( It is fell and took all my dreams about new car=)

 4 years ago 

Thank you very much. May your dreams come true

Thank you for taking part in the Bitcoin is Booming Crytpo Challenge.

Keep following @steemitblog for the latest updates.

The Steemit Team

 4 years ago 

From now on I will try to participate in all the @Steemitblog Update Challenge. I Love Steemit💝

Amigo estoy de acuerdo contigo, el Bitcoin es una de las monedas que permanecerá por mucho tiempo. Muy seguro, aunque ha tenido mucha volatilidad.

 4 years ago 

Muchas gracias amigo por estar de acuerdo conmigo

Looking at 2015-16, one can understand how popular Steem was then. I am hopeful it will happen again

yes it was, and there were lot of activities and projects on the Steem blockchain. Hope that it will return to it's golden glory in no time.

#steem-bangladesh

 4 years ago 


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Hi @mdshanto your post has been upvoted by @steem-bangladesh courtesy of @nahidhasan23

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