Bitcoin is my Favorite Cryptocurrency.

okoyejoshua (64)in STEEM NIGERIA • 3 years ago

Bitcoin is becoming a type of Gold or digital Gold as some people call it because it has been seen as the world economy saver for now at least until corona virus vaccine has been made available to the public that is why it keeps increasing in price.

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Right now I will be answering some questions that I have prepared so as to explain more on why I like or prefer bitcoin right now to other cryptocurrencies.

Question and Answer

What is your favorite cryptocurrency that you hold or invest in

Bitcoin is my favorite as for now because of the recent rise in price even though I don't hold in a very large quantity I still prefer it because it is carrying other cryptocurrencies with it and that is why I think bitcoin has changed the game entirely because now even though it stop rising other altcoin like Ethereum can keep on going till the world is ready to make it available for everyone because when it becomes available for everyone it becomes common and the price begins to fall.

Right now let's invest and enjoy it but the people who is going to enjoy it very well are those that have been mining and is still mining because no body really know where the resistance of Bitcoin is everyone is just saying it's resistance point is $20,000 but a few says it will go pass that resistance because it has come close in passing that resistance before in December 2017 where it was at $19783 for 1 Btc.

Is this the time that Bitcoin will be really a force if it pass that $20,000 but there are some people who can triple the price of bitcoin if they want to.

People like the owner of Windows or the owner of facebook the billionaires of the world can make the price of bitcoin triple if they can invest large amount of money and with their company name as well that will boost the face of bitcoin to a new height, because one of the reasons bitcoin left it's early price of $13,000 in the beginning of this year was because of company like PayPal because as soon as they announced that very soon their users will be able to buy and sell cryptocurrency with their platform the price of bitcoin sky rocketed even the uncertainty of a vaccine is boosting the price of bitcoin.

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Well that is it on my entry for now I hope I have enlighten you on why I chose Bitcoin as my favorite cryptocurrency finally I would want to thank @steemitblog for this contest, it is really challenging and educating.

#bitcoinbooming #bitcoin #nigeria #price #invest

3 years ago in STEEM NIGERIA by okoyejoshua (64)

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njaywan (74) 3 years ago

The story of bitcoin could sound like a fairytale to someone who is listening to it for the first time.

Is this the time that Bitcoin will be really a force if it pass that $20,000 but there are some people who can triple the price of bitcoin if they want to.

I think that would be a yes. Because of the potential people saw after it broke grounds in 2017, it has amassed lots of attention meaning more investors.

People like the owner of Windows or the owner of facebook the billionaires of the world can make the price of bitcoin triple if they can invest large amount of money and with their company name as well that will boost the face of bitcoin to a new height,

Not just billionaires and business tycoons have ventured into bitcoin, countries like Japan accepted it as an asset for payment which their banks have added to their electronic payment system.

I think your paragraphs are a bit too long which makes reading more difficult. I suggest you break them into various sentences and space them out to improve readability.

Thank you!

#twopercent #ghana #affable