Bitcoin Forum

Hello, I have any questions
If I want to invest in bitcoin, what do you think this is useful for me or not? give me your opinions.
why I must invest in bitcoin? or why not? just give me strong reason.

If you plan to invest on bitcoin, it will surely be useful because it will not only serve as an investment, you can also use it to buy things online as well as to gain profit via crypto trading and btc holding. You must invest in bitcoin because it is a new decentralized currency that aims to aid on transactions online without the need of a middlemen. Also, bitcoin is the virtual gold according to Peter Thiel, the cofounder of PayPal and thus it will help you gain profit since it has not reached it's full potential yet and is still in it's early ages.

Buy low, sell high. Wait for correction. I suppose there will be chance to buy btc at 5000$ soon.

Investing in bitcoin is never harmful even today at too high level. there is no limit for Bitcoin. but if crypto market go down due to any reason, you should not be panic. at the down price you should average by buying more Bitcoin. so invest one forth amount immediately and other four when market comes down. Invest in four segment will batter.

Investing in bitcoin is profitable. Especially in long term.
Day by day, week by week, month on month or even year by year bitcoin is growing.  But invest only what you can afford to loose.  If I ever known the bitcoin earlier I would be a millionaire now.  Here in the Philippines, way back 2013, 1 BTC = 8000 PHP but now 1 BTC = 380K PHP

Bitcoin is the strongest digital currency going as we speak, it's a solid investment and if you invested years ago or even months ago, you would be profiting nicely today.
Surely it would be useful to you now.

I don't know.
But it has been profitable for the last 8 years.
The price jumped from nowhere to $7000 and is rapidly increasing.
It was $700 a year ago  (6 november 2016) and in a year has increased by x10.

It's definitely useful. Bitcoin is a good form of investment which generates good profit. That's why Bitcoin is really dominates the market right now. It's worth to hold for long term, if you ask me. Altcoins are good too. Actually it's the right time to buy some altcoins right now because they are more cheaper. Altcoin market is bearish right now but wait until Bitcoin hardfork take place. The volume on altcoin market will recover again as soon as they dump hardfork coin and Bitcoin because there's no reason to hold it.

Bitcoin is at it's highest peak right now. That's not a recommended price to buy Bitcoin because it's to expensive right now. Bitcoin will drop atleast $6000+ for correction and will continue to go up to $8000-$9000 at the of this year. But it's up to you. It's your money.

Bitcoin is a good investment and still profitable. I think it will correct itself soon to about 5000 but then it will rise again in longterm.

As an investor also at bitcoin  i would like to say that's was nice and profitable and useful because since when i start here in bitcoin i always amaze and satisfied to their service like right now as we can see the value of bitcoin was continuously increasing so that it means many investor or developer trusting bitcoin so that it's useful and no doubt to invest here in bitcoin.

It is surely profitable you can gain a lot of money by investing in bitcoin. So it is not that harmful, but remember that bitcoin can go as well down. You must know that btc is unstable.

This means it can go down very hard and it can rise very high in a short time. This is normal don't worry.

Bitcoin investment is very volatile , but it is always good if you invest in it after doing research properly. Always keep in mind onvest the amount that you you can afford to loose and which dont cause you any financial contingency.

You alone is the only person that can decide this!
Some believe bitcoin can reach 10.000$ until 2018, but others belive BTC will drop like hell, to 3000 (because USDT fake money, etc, etc)
You have to think how much can you risk on cryptocurrency and if it worth the risk!

I think investing bitcoin is very profitable for my friend, because the increase of bitcoin price is very fast.
If you want to buy bitcoin now is the time because bitcoin prices are still increasing.

All reasons you need to invest in bitcoin is in public domain. Bitcoin is unique as a currency better as a legal tender and valuable as an asset. So decide for yourself how you want to approach and use bitcoin

Surely you can gain profit from investing in Bitcoin - at this time most definitely. And i believe even after the hard fork you still can profit from it. I doubt that Sewgit2x will be a negative thing for Bitcoin.

Nothing is perfect when we decide to invest in Bicoin. Lots of gaps and opportunities that may be appropriate and not in line with what we expect. Lots of opportunities that we can use in making investments in Bitcoin because Bitcoin has a rapid rate of price changes and this we can use. But like what I once said that not as long as Bitcoin brings us to profit. When the price of Bitcoin decreases then automatically we will lose. So we should be able to decide when is the right time to sell and buy Bitcoin / Altcoin because this can determine the future we get.

Investing can always be harmful. Whether you invest in bitcoin or any other stock, asset, or commodity.
What you need to do is due diligence. You need to research and dig deep before you make an educated guess for the future.

If you believe that bitcoin will change the world then by all means, go for it. If not, stay away and don't regret whatever happens.

Still profitable and going strong!

In bitcoin it is profitable because as we can see price before is cheap when you invest. So, when we hold we can earn profit from buying and selling in bitcoin. Investing is truly profitable and the best decision.

If you don't know how investing works, better if you will do research first. Because investing can be harmful and profitable too.

I think it depends on how you will play in the investment. if you later buy bitcoin when the price is low and sell bitcoin at a high price, I think you will profit very much later. but if you're afraid bitcoin prices will go down and you sell all your bitcoins I guess that's not a good choice.

i think my answers will be both that investing in bitcoin is harmful and also profitable because although the price is so high but volatile still be the actual part for bitcoin and there is no guarantee the current price is not bubble which mean will broken out anytime and the price back to dropped but indeed for those who had more patience with holding bitcoin will get benefit from their patience and get big profit from their bitcoin asset

You have to think in cryptocurrencies as a long term investment.

Try always to buy the ones with solid reputation, like Bitcoin, Ethereum or Ripple.

Cryptocurrencies are taking off thanks to blockchain technologies and smart contracts.

actually investing in bitcoin is a lucrative thing but there must be times when we suffer a bit of a loss, but the only reason why I say investing in bitcoin is profitable is because bitcoin prices are on the rise.

you can see bitcoin prices now. imagine if you bought a few years ago. you will get a big profit, so bitcoin has a bright future and big profits.

depending on the long-term or short-term investment you are talking about. if the short term is very unfortunate when the bitcoin, but if a long period of time I think the benefits and benefits are very large if the investment in this bitcoin. besides the price is very promising, according to my prediction the longer the bitcoin users will be more and cause the bitcoin price is getting bigger too.

Investing in bitcoin is a double edged sword because it can be either harmful if you will not invest and enter the market in the right time and it is also a profitable investment if you will become a good investor with a lot of patience. So it is really depending to you if how you will manage to turn to the positive side.

Investing in Bitcoin is profitable if your time horizon is 3 to 5 years as it is at all time high level and can go down a bit in short term period. It is not a one day or one month investment but long term. Those who invested in bitcoin 1 year back are on huge profit as btc gives unexpected returns.

In my opinion if you invest in bitcoin it will be much profitable for you..That's especially because bitcoins price increases in later times...

If you need reason to invest in bitcoin, I believe you should do your own research yourself and stop asking questions like this. There are so many resources and article you can google to know what bitcoin is all about and how you can benefit from it.

There are so many threads as well on this forum where you can view people's opinion about bitcoin. If the difference in value as from 2009 till date is not enough for you to know that bitcoin is profitable, then I guess there is nothing we can all tell you here.

harmful in the means of what?  i dont know what harm can it cause you if you start to invest in bitcoin but i believe that it can be a profitable thing if you know what your doing and you have a patience to hold for sure you can earn something on it. though investing on bitcoin and other kinds of coin is verry risky because you dont know what will happen next , if the value could increase or decrese.

As far as investing in btc is concerned it is more a profitable if you keep holding it. Bcoz anytime previously one has invested would have got positive result bcoz almost btc prices are near high now. So yes its a risky but its very much profitable if you can hold it for some time and exit on high.

its depends. investing are taking risk or puting a risk to another value as a risk too. there is no investation without risk. bitcoin seems like a good coin but its been pump up so much i think it would go down a bit. what i could suggest is be carefull

In my opinion, this is not good time to invest in bitcoin now as it is already lifetime high. You have to wait some time for its downfall and then you can enter and it is profitable if invest for long term.

Investing in bitcoin is never harmful, it only depends on the timing and the price u r buying or selling it. I still believe bitcoin is in its early stages and has got many more milestones to achieve. So be patient and keep on buying bitcoins whenever its drops too much and keep conquering the buy positions when it dips. This is what i do for multiplying the profits as bitcoin is an asset to hold and can be used for multiple purposes like online crypto trading, buying anything online and btc holding , so its never harmful but always profitable.

Investing in lucrative bitcoin may be a bit risky but the challenge for investors if they want to earn big profits must be to accept every risk that will happen. because bitcoin is unpredictable in its condition.

harmful if you buy and sell in a wrong timing. profitable if you keep it atlist a year

As you said investing in bitcoin is very volatile. With this we can conclude that investing, trading in bitcoin is harmful. But for a very much point it can also be profitable. There are disadvantages that makes bitcoin harmful. As we all know that investing is very risky. You have to take risk in every money you put in to whenever and whatever trading or investing organizations will go. And bitcoin is so much likely than that.

It is also profitable whenever you are in a successful campaigns. With that you can gain a lot of profit. Being profitable here is never easy. You should read a lot articles, blogs to make you successful in investing.

You have to evaluate risk vs reward. Is it worth it to you to risk $10 for a great chance of $100 (looking at historic returns and considering it's still early)? HOw much are you willing to risk and how much could you reasonable expect to gain from taking that risk? Those are the questions that you need to ask yourself.

There are always pros and cons to any situations in engaging a business. To be able to make a good decision, you need to weigh the good and bad thoroughly before finalizing your choice. For me, investing bitcoin can be profitable and can be harmful. It is all depends on how you used it. It's said to be harmful if you were used it in illegal ways and is profitable if someone knows on how to used it wisely or in a good way of living.

Investing in bitcoin is like investing your money in a company or business. But investing in bitcoin is more profitable and your money will grow and you get profit for it.But If you have  doubts investing in bitcoin look first on the history chart price of bitcoin starting 2008 and compare the price now. Hope it may help for you to decide.

Investing in Bitcoin will bring profit as things seem, it's on a steady rise too.
We will have to wait and see what will happen after the fork incoming 16th of november and the fork coming next month.

Unfortunately it's too late for you to invest in BTC- wait for the major trend change and then get into BTC at a far more reasonable price. That's what I think at least

You want to invest on bitcoin and you don't know if its harmful or profitable yet you are on a forum of several thousands of users with the only major thing that brought them together is bitcoin. With that alone, you already have your answer as to whether bitcoin is harmful or not because if it had been, a lot of users here would have tried something else. Read threads, and nourish your knowledge.

Both are posible. Bitcoin perce has a high risk because no one can predict what will happened in the market. But it is also profitable  because you will able to earn even without capital.

There are so many thread in this forum that could help you determine the positive and negative effect of bitcoin.

As today, bitcoin price is quite high, which means that you will buying it at higher price compared to the price before. Bitcoin is quite vulnerable this time as shown by the sudden changes in price.But I believed that when you're buying it for a long term investment.It would be profitable.Since each and every day people are being introduce to cryptocurrency especially bitcoin.

Change is constant, bitcoin is an investment. For you to invest you must be a risk taker, it depends on your perspective

In my opinion it is profitable to invest in Bitcoin but long-term, not short-term. The value of Bitcoin is increasing over the time. Last year the value was 10X lower than today. And I think that Bitcoins value will raise in the future. Of course nobody can gurantee that, and it is risky, but I think that we can expect further raising. I also think that there will be some corrections of Bitcoin value after the fork, and the price could go a little bit down so maybe than could be a good moment to buy some Bitcoins.  

Right now its value is too high. I would recommend some wait for the lower BTC price.

Investing in Bitcoin is either harmful or profitable. It will be harmful if you will invest without any preparations. If you will invest because you just carried away by the hype and popularity of Bitcoin in your community and you didn't do any research, it can be harmful by losing all of your investments. It is profitable if you know what you are doing. If you did some studies first before investing.

Bitcoin is the best investment at the moment! Those that invested less than a year ago are reaping bounty return on their investment. And for your information, there is still plenty room for increase in price of bitcoin. Bitcoin will still rise further this year and in future.

I believe that is enough for any layman to know that it has been very profitable so far. Bitcoin is a digital currency with a lot of uses and the demand for the value is what increases the price and as long as we all keep sticking to the fact that we want to keep using it, it will end up not just profitable.

But would make its daily usage and means of transaction very lovely and anyone who wants to consider it as probably harmful should better stay away. Every investment comes with a risk and if the OP cannot understand the risk by himself, then he is absolutely not ready to invest.

Bitcoin is one of the safest investment in crypto which will keep on rising! The gains will be lesser compared to other new coins or seasoned low value coins but you will have peace of mind!
Wait for Fork to happen then you can invest in BTC!

Bitcoin might be the future of finance. I think this is enough reason.

In my opinion, I think investing in Bitcoin at the moment is beneficial, you should choose Bitcoin. The benefits are many. In terms of value, you seem to know that Bitcoin is dominating the cryptocurrency market, its price is constantly growing and it has consistently reached record levels, investing in Bitcoin can now be more profitable for you because its price is expected to increase even more. Besides, transactions Bitcoin is very convenient and cost effective. The essence of it is decentralization, you trade with others without knowing who they are, every transaction will be made quickly across the world :D

Right this moment it will be harmful. But few weeks later if have a bag of Bitcoin it will be profitable.

From my opinion Bitcoin is profitable if anyone invest or hold for long time. If anyone hold and increase bitcoin then he/she get profit But after decreasing price we can't get profit from it. But we have to hold that amount form long time and after a long time bitcoin will defiantly increase and we must get profit. So if you invest for long time then you have a great chance to get profit and if you invest for short time then your profit chance 50/50% I think. And it will depend on the bitcoin price actually.  

Bitcoin is quite a good investment, I won't tell you why you should or shouldn't invest in it, I'll just give you some overal statistics. If you invested a thousand dollars at the start of 2017, you would have about seven thousand dollars now, that's a 700% increase. Most indexes (traditional investments) offer a yearly return of 8%, which means within these six months you would have made 4% if you would have invested in them, that would have made your thousand dollars into 1030, which is about nothing. The technology has still a lot of room to develop, so you'll have enough opportunities to see BTC appreciating.

Investing in bitcoin is very profitable and going by the speculations that bitcoin will hit $10,000 soonest by fundamental analysis   it has been a smooth ride already for those who had investedin it I think the best time to invest is to wait for price pullback or corrections before pulling the buying option, there is no doubt bitcoin is presently gaining ground.

You already know for yourself, bitcoin prices now. Let's look bitcoin price charts for months or even years back. Of course you can get the answer yourself. Bitcoin is very good investment trend right now, as more and more people understand the advantages of digital currency.

will say profitable if you invest in past, now bitcoin price is really high ( for me ) and segwit almost come, it will more risky if buy now. or maybe you want to wait for price to lower than now

Yes, I agree with you. Bitcoin will rise up in the future, but for safety, you should wait after the fork. Maybe, the price will drop a bit.

Bitcoin for me is a breath of fresh air. Means of economic freedom. I think there will be rapid growth in the future!

I would prefer to invest in ICOs... It's true there is a lot of scam projects and it's harder to find a good one. But I truly believe there is a big future of ICO's, so we now just need more patience to do our researches.

Investing in bitcoin = good.

Trading bitcoin = rekt.

it depends on how you use it, if you are careless and inexperienced in trading then the nightmare you will get, then learn first before following the trade, because trading has risk, tips to trade buy coin with cheap price and resale when price rise .

How can investing in bitcoin be harmful? In any case, such investment has been and remains a very profitable exercise. The price of bitcoin is steadily rising, which invariably brings investors a very good profit. So far, there is no reason not to invest in bitcoin in the future.

Bitcoin's quality is rising, its value is increasing, its deterioration is decreasing again, after its investing in bitcoin, it can be profit by selling, if the quality of bitcoin is higher, then there is a lot of potential to gain, if ever its price decreases, then it will be harmful.

 
It is profitable when you invest with bitcoin.

 Investment in the bitcoin is too good. Demand of bitcoin is increasing day by day. Buying and selling is developing according to the market needs. Everyone believes in it and like it. Many times bitcoin is not correct to buy at high price. It is very important to know the market trend for this. Yes Bitcoin has given me huge profit. In future it will become to me a millionaire with price increasing of bitcoin.

bitcoin moved from 3000$ to 7600$ without any major correction!

you should wait! i am sure that BTC will hardly correct after this hard fork!

It is depend on our choice what we want from bitcoin that is harmful or profit. There is less chance for harmful to invest in bitcoin because long term investment is always beneficial and will not give any type of loss with guarantee and for short term bitcoin may go down for some time and some people who have not patience and panic to see the decreasing balance then they don't wait for recovery and sell out and get loss that is harmful moments. So, I think it patience game and profitable.

It is always a very profitable business if you are very serious. Here to be serious is to follow the BTC rate constantly, have patience to wait for the time it is very low to get more BTC and sell this crypto when it shows its maximum.
Not so hard   8)