Bitrate is the quality of a file. The higher the better, but the bigger the file so the longer the download time.
Personally I find 128 stereo adequate for some of the old rubish I listen to. !92 is generally accepted as the minimum for high quality, and anything over that should be excellent. Of course it doesn't always work like that but it does in general.
BTW please do not double post questions. You can delete your other post by selecting edit.
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