Well indeed it has the highest value but I can't categorically say it's the best because it's transaction fees are higher in comparison to some other coins and that is a huge factor too
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Those small coins usually pump once in a while and it is good to take profits anytime that happens as it only occur fee times.I know the lower coins will bring better profit especially when you bought for higher amount. BTC is still high, and i can't consider it when if the bear market is still affecting it.
If it occurs once on.a while and becomes noticeable then we should track down.the right time to invest on them and take the profit that comes from it.Those small coins usually pump once in a while and it is good to take profits anytime that happens as it only occur fee times.
To be honest I think that if a cryptocurrency coin is always providing me with profit then I will start to get a bit uneasy when it comes to investing in the cryptocurrency because it shows a lot of potential for manipulation if other people start to get involved as well. So as you develop more profit you have to be more cautious when it comes to investment as well.Any coin that is always given you the profit when ever you trade it should be the best. But all coins are good, it depends on signal we have to make something out of them.
If it keeps bringing you the required profit then what you ought to do is develop more strategies to keep making profit no matter the New comers that comes into cryptocurrency investment. Manipulation or no manipulation crypto is known as profit rich investment.To be honest I think that if a cryptocurrency coin is always providing me with profit then I will start to get a bit uneasy when it comes to investing in the cryptocurrency because it shows a lot of potential for manipulation if other people start to get involved as well. So as you develop more profit you have to be more cautious when it comes to investment as well.
Because of the high transaction fees I am avoiding transacting with Bitcoin. I choose ripple and Litecoin over Bitcoin. Bitcoin has the highest value but it is not the best coin for me because of high gas fees.Everyone that gets involved in the crypto-currency market knows what bitcoin is because it is the face of cryptocurrency. However, at the same time despite it having the highest value in my opinion it is not the best cryptocurrency that is out there. There are a few major drawbacks when it comes to the utilisation of Bitcoin. One of them is that the transaction times can be especially high if there's a lot of traffic on the network and another drawback of Bitcoin is that the transaction fees are also incredibly high.
Other coins that are in the cryptocurrency market such as ripple and LTC, are able to offer a much better transaction time and can do so at a lower fee as well. Whilst they may not have the same value that bitcoin has, and they are only a fraction of that value in actual fact, the use of these coins is much more user-friendly and it is able to be utilised for daily transactions and payments that may happen. Even if the transaction is not of a high value. Which going however cannot do this.
Do you feel that bitcoin is the best cryptocurrency out there or do you feel that there are many more that operate on a much better basis than Bitcoin?