Bitcoin Why Its 1 and Whether to Hold Your Money in It

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Bitcoin emerged as a way to transmit value online without intermediaries. Its core traits— a fixed 21 million cap, open-source code, a decentralized network, and a transaction history verifiable by anyone—made it the benchmark for the entire industry.

“Bitcoin is energy converted into digital property,” — Michael Saylor (X: @saylor).
“The internet needs a native currency, and Bitcoin is the best candidate,” — Jack Dorsey (X: @jack).
“Don’t ask bankers for permission—Bitcoin already gave it to everyone,” — Andreas M. Antonopoulos (X: @aantonop).

What Bitcoin Gave to the Crypto World

  • Programmable scarcity. Predictable issuance turned Bitcoin into “digital gold.”

  • Independence from intermediaries. Owning private keys = real financial sovereignty.

  • Infrastructure and standards. From hardware wallets to Lightning, plus the culture of BIPs and open grants.

  • Liquidity and recognition. Exchanges, derivatives, and institutional products were built around it—hence the depth of market leadership.

“I think Bitcoin could grow to astonishing proportions,” — Hal Finney (X: @halfin).
“The reliability of money matters more than the speed of printing it,” — Nick Szabo (X: @NickSzabo4).

Should You Buy and Hold?

Yes— in a reasonable share of your portfolio and with a multi-year horizon. Reasons: limited issuance, network effects, global liquidity, and independence from any single policy maker. Risks: high volatility, regulatory uncertainty, operational mistakes (lost seed phrase), and social-engineering threats.

Practice:

  • Start by buying a small amount of bitcoin to learn the process.

  • Storage: cold wallet, offline backups of the seed phrase, and—if possible—multisig.

  • Position sizing: small enough that sharp price swings won’t knock you off balance.

Where and How to Operate

In real life you’ll buy, sell, and swap. Here’s how to approach it:

  • For quick on/off ramps, research a reliable cryptocurrency exchange. Compare fees, spreads, speed, and reputation across cryptocurrency exchanges.

  • For specific tasks, use specialized venues: a bitcoin exchanger, a bitcoin exchange, or a broader crypto exchange.

  • Planning a bitcoin exchange into fiat or altcoins? Check limits, KYC, available payment rails, and the final amount you’ll receive—that’s proper cryptocurrency exchange hygiene.

  • Decide how to sell bitcoin in advance: bank transfer, stablecoins, or P2P. Always do a small test transaction before a large one.

  • Need to exchange bitcoin on weekends/night? Check support SLAs—“fast” isn’t always “cheap.”

  • For large amounts, avoid improvisation: conduct any bitcoin exchanges via vetted providers with transparent legal terms.

Why the Leadership Will Last

  • Narrow focus. Bitcoin solves “be the best money,” so code and governance stay conservative.

  • Security network effects. High hashrate and distributed nodes bolster trust.

  • Market habit. Institutions and newcomers usually start with Bitcoin because of brand, liquidity, and infrastructure.

Security Mini-Checklist

  • Cold storage; offline seed backups (no photos or cloud).

  • 2FA everywhere; be paranoid about phishing.

  • Always send a test transaction first.

  • Create an inheritance/access plan.

  • Follow local tax and compliance rules.

Conclusion

Bitcoin delivered a simple but powerful idea: money with rules that are transparent and verifiable by anyone. That’s why it remains #1 and the market’s reference point. If you think long-term, size risk sensibly, and practice good security hygiene, a reasonable allocation to Bitcoin isn’t a gamble—it’s an investment in an open, predictable monetary protocol. And when it’s time to act—whether a bitcoin exchange via a bitcoin exchanger, exchanging bitcoin for diversification, or deciding how to sell bitcoin into fiat—work like a pro: compare terms, test small amounts, and use only trusted cryptocurrency exchanges.

Btcchange24: Quick Overview and Popular Routes

Btcchange24 is a convenient cryptocurrency exchange focused on clear rates, understandable limits, and responsive support. As with any service, always verify the final payout amount, timing, and available payment channels.

Popular routes:

  • Bitcoin and other cryptocurrencies. Universal operations: buy bitcoin, exchange bitcoin for stablecoins/altcoins, and the reverse bitcoin exchanges—handy for diversification and quick rebalancing.

  • USDT → Rubles (to card/SBP). A practical way to cash out trading profits: lock the rate, provide details, receive rubles on your card.

  • Bank → Bitcoin (buy with rubles). Fast on-ramp: fund in rubles and buy bitcoin with minimal steps.

  • Bitcoin → Bank (withdraw to rubles). A straightforward path for how to sell bitcoin and get fiat—useful for partial cash-outs when you need local-currency liquidity.

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