Review on Bitcoin by Tom Rolfson

Name: Bitcoin
Item: Bitcoin
Rating: 5

May 11, 2021

The King of Crypto - But will it last?

BTC - the king of crypto and perhaps most assured to retain value, will still encounter bubbles/corrections/whatever you choose to call them. In the end, it is likely more stable than the U.S. Dollar and while I'd recommend most put an equal or greater % (depending on their age, ability to tolerate risk/loss/hodl) into something more stable (PHYSICAL silver and gold NOT paper of the same). ETH will present a very significant challenge and may surpass BTC in the future, but for the next 1-2yrs minimum - BTC is the best bet. 
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Pros

It's set the precedence and standard for crypto. You cannot take away what BTC has done for the entire world and world of crypto. It will have it's ups and downs but for the foreseeable future (and likely longer than this near 60-yr-old will live). However, as we've seen before there will be bubbles. Why does Elon Musk put $1.5B into BTC then two days later say it's over-priced? Very simply he's warning people the U.S. dollar is far less stable and likely to crash. While there are far more stable and assured investments for long-term security, BTC is the king of crypto and most likely to sustain value or rebound after bubble bursts.

Cons

As we've seen before with BTC's "bubble" in 2017, it will likely experience more in the future. The risk is that can happen at any time with virtually no warning.