While there are users who are not intimately familiar with cryptocurrencies, many have heard of a new means of payment for sports betting. Bitcoin (BTC) is considered the most demanded, since it all started from it. In the XBT Capex club application, designed for trading cryptocurrencies, you can find other cryptocurrencies that are considered one of the most promising digital currencies in 2023, but BTC remains unrivaled years later.
Hold Bitcoin
Perhaps the list of promising cryptocurrencies in 2023 can start with Ethereum (ETH), and continue with Vechain (VET), Binance Coin (BNB), Cardano (ADA), Polkadot (DOT), Shiba Inu (SHIB). Of course, this is not a complete list, and it will always be led by Bitcoin (BTC). The question of the expediency of investing in Bitcoin (BTC) remains open, as there are a number of reasons to take a closer look at this cryptocurrency so that the risk is justified.
The cost of BTC directly depends on political decisions, even one thoughtless statement of an influential politician or influencer can provoke a rapid rise or fall of the cryptocurrency. Despite the fact that many users are immediately ready to sell the currency, thereby protecting themselves from financial losses, there are many holders of BTC among the owners who are ready to hold the currency for the sake of further profit. HOLD is not just holding a currency, but a whole strategy for holding it, which made it one of the first cryptocurrencies by capitalization, relying on CoinMarketCap data.
Every year, BTC becomes a more popular currency, and its presence on the market inspires new achievements and discoveries. Therefore, BTC is becoming one of the promising objects of taxation, as more and more countries accept it as a means of payment. Bitcoin is also the most common cryptocurrency, which is why it is one of the first to appear in stores if a company decides to start accepting cryptocurrencies as a means of payment. Digital gold, as BTC is also called, is equated in price to shares, bonds, real gold, so it is unlikely that BTC will not fall into the field of view of investors, and every user can become this investor.
But these are not all the advantages of BTC. What else should you know about BTC? In total, about 21 million BTC were issued, and 3 million of them were lost, as the holders of digital currencies simply lost access to the wallet due to the lack of the ability to recover the private key. Thus, the total number of BTC will not exceed 17 million, which, perhaps, will become an attractive fact for connoisseurs of cryptocurrencies who consider them as a digital financial asset
