Why BTC and not #altcoins ?

$BTC has three main points that transform it into the most dominant Crypto; when you understand them, you will realize it is the only currency in which you can invest with the certainty that, in the long term, it will yield a secure profit.

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Deflationary Currency

As we know, this currency is limited; there will only ever be a maximum of 21 million coins, of which 1.1 million are in the wallet of its creator, with no movements for years, and approximately 2 million in inaccessible wallets, reducing its circulating supply. Added to this, its 'creation' system is the reward for mining blocks, which is halved every 4 years in a process known as 'Halving'. It is estimated that the last BTC will be mined in the year 2140. Unlike any Altcoin, no more BTC can be 'printed' than what has already been mentioned; therefore, this currency is destined to become scarce as the years go by at an unrestrained pace.

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Decentralized

This currency was designed to be decentralized, as the transaction histories are stored in community nodes, with the records being public. Moreover, the mining system (block processing) does not depend on a specific entity; anyone can be part of the process. While some brokers and websites have purchased large volumes to centralize their capital within their applications, we are all free to store our BTC in open-source wallets or cold wallets. What does this mean? WE DO NOT DEPEND ON A BANK OR A STATE; the money is UNCONFISCATABLE and DOES NOT TAX unless it is converted to fiat, making it the closest thing to having total control over your money.

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Institutional Backing

Financial institutions and States (Countries) have realized the previously mentioned factors and the projected growth that BTC has, which is why the vast majority of coins are currently in the hands of Institutions. While they can 'manipulate' supply and demand due to the volume of coins in their possession, they will NEVER LOSE THEIR MONEY, THEY WILL NEVER SELL THEIR ASSETS; they will only lower prices to buy lower or raise prices to sell a percentage of their capital in order to generate liquidity in their funds. This is why Bitcoin is being classified as the new digital gold. It is projected that in the near future, institutions will seek to hold the entirety of the supply, making it inaccessible to ordinary people. This is why the time to acquire #BTC is now.

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I know that everyone's dream is to become multimillionaires overnight by betting on futures, but IT IS FALSE. Don't lose your money in the futures casino; consider the mentioned points and think about what will be best for the future.

This is a POST FOR EDUCATIONAL PURPOSES NOT AN INVESTMENT ADVICE.

Post created by MrPipeCHL