The world of cryptocurrencies might still be somewhat new, but that doesn’t mean it hasn’t grown an insane amount in the time it has existed. As most of you already know, it all started with the release of the first cryptocurrency – Bitcoin! While you can find plenty of other cryptocurrencies currently on the market, including big names like Litecoin, Ethereum, and Ripple, Bitcoin remains the go-to choice for most people to this day. If you’re new to the crypto scene with questions on which one to choose, here’s why Bitcoin is still the best option.
It’s Been Around the Longest
We know that being around longer isn’t a fair argument in most cases, but with Bitcoin, it holds merit. Unlike many of the cryptocurrencies you’ll run into these days, Bitcoin had to weather an insane storm after its initial release. Since crypto was a relatively new technology, most people weren’t familiar with what it could do. As expected, this brought with it tons of negativity that tried to paint Bitcoin as something that should be avoided at all costs.
While it isn’t unreasonable to assume that the cryptocurrency would have cracked under this pressure, that’s not what happened. Instead of giving it, Bitcoin pushed back by experimenting, growing, and listening to users. As a result, Bitcoin is now a lot different than it once was, and that’s a good thing! The willingness to learn and grow with its community is what makes Bitcoin one of the best options to this day, and no matter when you decide to join the Bitcoin revolution, you can always expect improvements along the way.
It Offers Plenty of Helpful Tools
It’s easy to see how this ties in with the previous section. The growth in the Bitcoin community has brought forth plenty of innovations to make profiting through Bitcoin easier, and one of them is the rise of automated trading software like News Spy. With traditional Bitcoin trading, users need to spend heaps of time researching Bitcoin trends, learning strategies, and experimenting with different approaches. Of course, not all Bitcoin users have the time to do this, as most of them are looking for a laidback earning opportunity.
What makes automated trading a blessing is the AI tech it uses. Thanks to this, the app researches everything for you and automatically invests in excellent opportunities based on that research. Another top-notch innovation is the trend of mobile Bitcoin mining apps. With the help of these apps, users can remotely monitor and control their mining setup no matter where they are. While other cryptocurrencies are starting to catch up when helpful tools are in question, Bitcoin is still way ahead of the game in this department.
It Has More Shopping Opportunities
One of the downsides to using pretty much any cryptocurrency is the lack of shopping options. It’s almost silly when you think about it, as no matter what form it comes in, that’s the main purpose of currency! With most cryptocurrencies currently out being pretty new, shops and services worldwide are still iffy about adding them as viable payment options for their business. Naturally, this is understandable. Many new cryptocurrencies rise and fall, so this can often end up damaging businesses.
The good news is, this isn’t the case with Bitcoin. Over the years, Bitcoin has proven that it can be a great investment for independent users and businesses. With the world’s most popular cryptocurrency becoming more mainstream by the day, plenty of well-known shops and services support Bitcoin as a payment option! Whether you’re looking for random knickknacks on Etsy, the hottest new video games for the Xbox and PlayStation consoles, or a cup of coffee from Starbucks, all you need is your Bitcoin wallet handy, and you’re all set!