Having bitcoin available in your disposal makes you feel oh-so-wealthy but expect financial institutions to irrationally get to you.
Pros
Once held you don't need to worry about your future. Essentially tomorrows are secured. The price is a sky high beyond comprehension. It is promisingly will not crash.
If you believe in the vision of the cyberpunks who created decentralized cryptocurrency, there are much better alternatives now such as BitcoinCash, Monero, Ethereum, and a few others.
Pros
Bitcoin was my favorite cryptocurrency, until it got taken over by big banks and government. The real bitcoin blockchain as defined by Satoshi's white paper is the one with the longest chain which is not offloading transactions to centralized layers (Such as centralized Lightning Network).
By this definition, the BitcoinCash chain is now the longest, and by definition of Satoshi's whitepaper the chain that originates from his "Genesis Block" and becomes the longest chain also becomes the "definitive" bitcoin.
Cons
Narrative is controlled, forums are censored, development has been influenced and has become corrupt by big banks and governments. They outright lie and pretend that Satoshi's plan to increase block size to 32MB never existed.
Currently it is considered a reserve of value, in fact it is not convenient to use BTC in common transactions because of the high cost.
We are waiting for new improvements (Lightning Network) so the transaction speed will increase and cost fees will decrease.
Pros
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator.
It was born in 2009 and it's the most used crypto in the world.
Overall, Bitcoin's prominence will help it to keep its relevance in the market and will probably so for the next succeeding years.
Pros
I love bitcoin in such way that It's still the most notable cryptocurrency among all coins and token out there in the market and that its price still continues to moon up on it's exponential level. Worth investing to.
Cons
If you weren't able to invest in bitcoin when it first came out, you will have a really hard time to try and invest now due to its current price.
I enjoy using Bitcoin and even though transaction costs can be a bit high, I often return to it because I know I can trust the operations. If I send or receive funds I need to have confidence it will reach its destination.
Pros
Bitcoin is great in so many ways, primarily because it is still the most utilized cryptocurrency. Sending and receiving funds is usually within minutes. I have never experienced a problem. This obviously creates confidence to use Bitcoin again.
Cons
Unfortunately with the tremendous price spike towards the end of 2017, fees became rather experience. Of late fees have dropped considerably but are still very high compared to other crypto transaction costs.
Bitcoin is very useful and holds its weight in the crypto world, but I'm not sure how much longer it will lead the herd
Pros
Most every exchange accepts it, it is very well known
Cons
It is extremely slow to transfer and to transact with (took more than a day for me to last send it from one exchange to the next), not anonymous enough
Bitcoin is here to stay and will likely always be the largest and safest cryptocurrency to invest in.
Pros
The liquidity pool for all of Crypto.
The godfather of all Crypto.
The first blockchain and most well known crypto.
Has been fully operational as a decentralized crypocurrency since 2009 without a single issue with functionality.
Cons
Slow and expensive transactions, this too shall pass. When Lightning Network is fully implemented instant microtransactions will be possible.
Still promising coins to lead this industry as few people in the world have known this market. But once most of them have studied and recognized the details of it, they will realize Bitcoin is just like a coin having a calculator function. The larger this market gets, the more people realize this coin is not enough for handling transactions as a representative of the coins.
Pros
The representative coin in the market, widely used for transaction between coins as well as tokens. Commonly known as the head of virtual currencies.
Cons
As its higher price than others, it takes huge amount of transaction fee relatively (Based on $8,000 it takes almost $10 for it). Too slow for an one transaction as of its huge transaction volume.