Bitcoin Forum

Hi guys. I have a friend who's parents are looking for alternatives and want to invest money into something other than their IRA account. They have a fixed IRA with about $100K, but they are unsatisfied with the miserable amount of interest they're getting. I mentioned to them that bitcoin is a possible alternative and one they can look into. Do you agree? Do you guys consider bitcoin a reliable and stable investment for long term holding(5-10yrs)? Is it safe to assume the only direction(barring a few dips here and there) bitcoin will eventually go from here is up? Do you foresee it going below $10K, or even $9K ever again? Is it even possible to see the lows we saw a few months ago(ie $3500) ever again?

Please give me your thoughts. IRA or Bitcoin for the long term?

Most of us are long-term bullish here and think that bitcoin will be at a higher price in 5-10 years from now, but take note that bitcoin is not guaranteed to succeed. It can go up, but it could also go the other way. If you put everything on Bitcoin, you could be rich in 5-10 years, or you could also end up broke.

Definitely not. There's still a risk.

Very possible in the short-mid term, a bit less likely in the long-term in my opinion.

Yes. Even lower than $3500 is possible(though probably unlikely).

Diversification. It'd probably be a better idea to spread it out to stocks, bonds, ETFs, Bitcoin(probably a small percentage) and such. Don't put all your eggs in one basket.

Bitcoin is a high risk investment. It's always said with crypto that you should only invest money you afford to lose. Yes, it sounds scary.
Bitcoin has periods when it rises wonderfully and periods when it heads down abruptly. And everything in between. So while some did and will get rich from Bitcoin, others did and will lose greatly.

If one can handle this amount of risk, fine. On the other hand, I would not advise it to somebody in the risk of hearth attack to invest large amounts in it.

If i have 100k i would split it like %20 bitcoin, %50 gold and %30 2-3 of top altcoins.about btc and altcoins stop-loss is necessary.

Since they are using IRA account, I assume they are more than 60 years old now! Bitcoin is not at all a safe investment for them unless and until they want to get into daily trading! I consider daily trading as somewhat safe to get into because there you ride with the tide and find opportunities in every market movement. But for holding, bitcoin is not at all a safe investment for the individuals with more than 60 years of age. I would advise you not to recommend bitcoin investment to them unless you want to bear the burden of their losses!

Rather, I would want you to suggest "Portfolio Management Service (PMS)" provided by reputed stock broking firms. There are companies like Transamerica, Wells Fargo, AMG Funds etc, who provides PMS services. Advise them to open a PMS account with them and these fund managers will manage your fund to fetch you a better return! It's safer than bitcoin and obviously suits the income needs of all age group!

yes, I consider bitcoin as a very good investment with a huge potential of growth and an unbelievable return. BUT your "friend's parents" should not invest in bitcoin, in fact I have always discouraged people like that from investing in bitcoin because they won't have a good time in it because of its volatility and also because of the huge amount of FUD that is out there against bitcoin.
I obviously have time and have spent enough of it studying bitcoin to know what is FUD and what is not and more importantly to know that potential I mentioned above. but most others don't. and not knowing that for them means making bad decisions, panic selling and a lot of losses in a volatile market.

imagine for example if they bought in January when price was $6k (which was the best time to enter as an investor) but the drop to $3k and the follow up FUD would make any of them to sell their coins at a big loss of half their capital. obviously I could tell it is nonsense and $6k was a good entry point but a newcomer with no information will never be able to do it.

Jeebus no.

• 20% might be too big of a percentage for Bitcoin. Take note that the money is OP's friend's parents.
• 30% on ETH/XRP/LTC? As if 20% on BTC isn't risky enough. Definitely a very bad idea.
• To be able to use stop losses, you'd need to leave the funds on exchanges. You surely know why that's a bad idea.

Gold? It's not going to do anything for your portfolio in the coming years. It's literally a waste of time and money with how it hasn't done anything to outperform inflation in the last 5ish years.

The derivatives market has got a firm grip on gold and it will only get worse, plus in order for gold to do well it needs political instability and chaos. It will get dumped the moment confidence kicks back in.

If you don't want complete exposure to Bitcoin you're way better off replacing gold by an allocation to tech stocks. Tech stocks have performed exceptionally well in the last couple of years.

Absolutely agree. He can choose bitcoin as his investment, but he needs to learn first before he invests his money in bitcoin. Besides that, you should teach them about bitcoin, so they will know bitcoin from the trusted person because you are his friend.


I don't think bitcoin is a stable investment for a long term holding because you see that bitcoin have up and down history and the bitcoin price will always up and down in every day. But bitcoin is one of reliable and the best investment so far, at least for myself and I always suggest people around me invest in bitcoin.


Bitcoin, in the end, will go up to the higher price after reached the bottom price. But unfortunately, we never know how deep bitcoin price will down, and that will happen too if the bitcoin price increases in someday.


The price can go to the lower price, and in these situations, the price can go down below $10K or even lower than $9k. Like I said before, no one will know where the price can go because it depends on the supply and demand.


I will choose bitcoin for the long term. Advice your friend parents to buy hardware wallet and save the bitcoin in that wallet and never save it in the exchanges if he wants to hold bitcoin for the long term.




Bitcoin will be the biggest percentage, and the rest percentage will go to the altcoin. The scheme will be like this, bitcoin will be 30%, gold will be 20% the altcoin will be 10%, and the fiat will be 40%.

Yes it is!

First of all, it’s good that you have registered and checked out the Bitcoin forum. This is where you could find almost everything cryptocurrency related. There are a lot of possibilities in the discussion, but the most important thing to know is the knowledge it has and the references you would be able to get from here. As long as you verify it and it’s correct, you could use it as a support to facts with your folks.

I think in general, every investment needs to be studied, and the most important thing is if it is legitimate. That’s the make or break on it. If you believe it then goes. The best way to approach investments, in my opinion, is to spend what you can afford to lose.

Short answer: yes. Bitcoin per se is already a good investment, although a reliable one I'm not so sure about that, considering that there are lots of times wherein flash crashes happen and a huge chunk of the price is wiped out. For early adopters and those who came in very early, particularly 2010-2011 dudes, they can attest that bitcoin isba guaranteed win, though there isn't any certainty that it would continue to roll like this for the next coming years. Entry price is one huge factor in determining whether an investment is reliable and successful, especially on high-risk and highly volatile investment like bitcoin.

Investment is a potential area of many risks, especially investment in bitcoin. No one can tell where the bitcoin will go in the next five to ten years, it could be $ 100k or maybe $ 0. So I think it's not a good idea to invest in bitcoin with a huge amount of money, invest a sufficient amount of money, your excess money and make sure you can take the risk with that money.

As much as I like bitcoin I would never recommend someone to put their retirement money into btc.  Bitcoin is very young compared to traditional investments like stocks and bonds.  It could crash to nothing in the future,  if they already have a good amount of money there is no need to get greedy and risk it.

Crash to nothing? You make it sound like it is some kind of ponzi which will crash and burn inevitably. Completely disagree with you here. I do agree that converting retirement funds into BTC is very risky, but it is still a viable option.

The risk here is that their investment might lose value over time and not completely disappear due to the volatility of this market. However, I don't think this will happen and I feel they should invest only what they are willing to lose and sell once BTC meets their target price in the future.

The price movement of bitcoin is not stable you have to know it, for those people who know bitcoin and his knowledge to bitcoin they will answer yes bitcoin is promising place for an investment. But I doubt if there is someone who try to invest in bitcoin but he didn't know bitcoin at all, it will be risky for him. The volatile price is the main problem for him, he could sell in lose situation due to its price continue to fall such as last year.

However, if you are an investor and wonted to choose long term investment might be bitcoin can be considered as your investment place. You have to know at least for ten years bitcoin has been grow up in price drastically. From $1 in 2009 and now $11.000 (even $20.000 in 2017 ago) in 2019 is an extraordinary achievement. And I have confident for five years a head even ten years a head bitcoin will past $20.000 as an ATH.

Can you imagine them buying now at 12K and next year it goes down to 3K? If you want to gamble with this volatile, unregulated and manipulated market you should invest only 1-2% out of your 100K account at this moment. The game is not buy high and sell low. Remember this.
Even at 3.5k it looked bearish and everyone was thinking that prices bellow 1K were quite possible. Just don't invest more than you can afford to lose. Buying a relative small amount will help you sleep better at night and won't make you feel you missed the pumps or won't make you lose your sleep.

It's very difficult to give a correct advice in such case, and I would avoid to put a bug in ear of someone who want to invest such amount of money. Bitcoin is very risky investment, but if we look at history (past 10 years), it is a very profitable investment. It is impossible to say what will be in 5-10 years, so any investment in bitcoin is a big risk, not only because of price, but also for security reasons.


Below $10k is possible, considering that after every ATH we see big correction up to 90% - so only safe play would be to invest now, set some target for sell and take profit at that point. After that wait for bottom again, and repeat the whole process. Holding for 5+ years might be stressful in times when price is going down, one day your bitcoin is almost $20k, and few months later it is only $10k.

It's hard to tell but suggest you let them study the market first and they should understand that bitcoin is considered as a high risk investment.

If you will ask me, I believe the future of bitcoin is good and in 5 to 10 years of holding, its expected that the value will rise since adoption would certainly increase due to the entrance of institutional money.

For me yes its a profitable investment especially for long term hodling but because bitcoin is volatile, price fluctuation is inevitable so we can expect the price to turns up and down and can get even lower at $3k if the market is in bear season.

Every investment has risk and cant 100% guarantee of good return however bitcoin through the years gave us a progress that despite of the price declining it can bounce back, really unpredicted.

Its better for your friend's parents to understand first how crypto works because its a roller coaster ride kind of investment.

for the long term I think bitcoin has a big risk because the price is unstable. we all here no one can predict the price of bitcoin in the next few years right. Look at the last 2 years, the price of bitcoin has dropped dramatically and suddenly soared dramatically.
I think if you are ready to risk between loss and profit you can invest in bitcoin.

Is it reliable - I would say yes. If you know when to buy it of course. So far all since 2010 it is rising. Even last bottom was more than 13x as much as a previous bottom. But estimating how much would it cost in the next 10-15 years it is all just wishful thinking.

Stable - as an investment (so far) BTC has not really much to offer as speaking of stability. This makes it a great tool for daily traders (who can make money on many lows and highs even in matter of doays if not hours), as well as people who buy at bottom and wait patiently to sell at all time highs (this approach had proven to work so far with each single cycle).


If you decide to trade on a daily basis - then remember that panic and greed are not your friends.

Not stable or reliable at present.   It's an ideal investment opportunity (and much less so than 7-8 years ago) if you have no or low debt, have your home paid off, have other investments and other passive income.   It's not good idea if you don't have other non-crypto investments.   

I doubt you could convince a parent how to study the markets. I think OP's friend's parents are only looking for an asset to park their funds to hopefully gain profit.

To all the people replying talking to OP concerning trading, read the post again. This is not for OP. OP is asking in behalf of his friend's parents.

I don´t like the idea of convince someone to enter on cryptos, I suggest you to only tell him about BTC and show the infos about, it's better if him study the market first to be confortable to invest money on cryptos (BTC in this case)

You know BTC can worth 100k in the future, but could go to 1 USD to, if any person says BTC will rise in price 100% for sure, it's a lie, there are risks, so study and research first and if the person agree with, explain to him about how to invest, when, where, which wallet etc

This looks like your friend's parents are putting in their life savings in it. If that's the case then I would strongly recommend them not to invest in BTC.
We all know how volatile bitcoin is and if we are putting our money in it then we should be very patient and completely forget about it for the next couple of years.
Even after that there is no guarantee that bitcoin will return huge profits. The probability for a profit and loss is 50 - 50.
So if they want then they can invest a minimum amount in BTC while investing the rest in more secure investments.

Much appreciate the replies guys. Will certainly take all your suggestions into consideration. I myself own a small amount (about half a coin) and am quite comfortable with my investment. But like you guys said, it is risky. Upon further thought, I'd say at the moment I don't think it would be a good idea to suggest to them to invest in it, despite my personal beliefs that BTC will rise in value over the long term. 100K is a lot of money and like one poster stated, I don't think I could handle the burden of having their savings wiped out should BTC collapse for some unknown reason.

I think it would be wiser to, per avikz's suggestion....invest the funds into a Portfolio Management Service. I'll have them look into that direction instead. Meanwhile I'll continue to HODL my 0.5 BTC and hope for the best :)

My answer to the question would be yes to the Reliable and No to the stable part because according to the definition of stability, bitcoin price is far from that to the extent that stability in bitcoin or crypto generally is used as a range for example ''price has been stable above $5000 in the past couple of months'' this statement is just an expression and does not have anything to do with stability. Reliability on the other-hand is a positive attribute which to me bitcoin has not fail from the beginning and I am yet to see any investment that is not physical in nature do much that it has done in terms of returns.

Considering that bitcoin is a high-risk investment and that they have no clue what they are doing investment-wise, it is better for them to hire a professional financial advisor. I am sure the advisor can give them better guidance in regards to risk management and choosing the right portfolio for long and short term investments.

If you do your own analysis you can personally take the decision on your own investment
You never need to hire any advisor for crypto investment. There are plenty of scammers in this forum as well as outside their to scam you so don't be the victim on hiring someone.
Hope you can understand what I am saying.

I think that Bitcoin investment is a reliable but not stable investment. Bitcoin investment is reliable because bitcoin is a popular and trusted cryptocurrency. Bitcoin is a modern technology for the transaction and it is the future currency. Because of its price increasing or decreasing, It is not a stable investment. Traders want bitcoin price volatility to earn the profit. So Invest in bitcoin, You need proper knowledge about cryptocurrency. If you have proper knowledge about bitcoin then it is a reliable investment for you.

Any price us possible, and logically yes it can go below $3500, but in the long term I predict an upward rise.
When buying I'd advise you apply trading skills, and buy at different levels, it's best to get it for as low as is possible, and this could be done installmentally, rather than a one off purchase.

For stability and reliability, to an extent, it is reliable. Volatility is high, so it's not stable as yet. It has it's risks and potentials.
I would not suggest a drop off for 5 or 10 years. Rather they could get involved in the community and make their decisions as they learn more about it.

If you ( or they) looking for reliable investment, Bitcoin would be the greatest choice for the long term. I think Bitcoin is the most potential way of earning money now. But you're looking or stability at the same time. Sorry Bitcoin investment doesn't offer this to you. You may look at Bitcoin/USDT price charts. Its price constantly goes up&down.

How about both? Ever heard the phrase, "Don't put all your eggs in the same basket"? I'm sure in the long run bitcoin is better, but still you have to take rational action, not emotional.

And, bitcoin can be lent for even further profit. But always diversify your investing portfolio. Some people don't have discipline, if you invest in bitcoin now at 12k and it falls back to 6k, you have to wait, however long it takes, to return back to 12k. That can be months, years or decades.

So as long as you explain them clearly what they are getting into, and that the invested money might not be available when they want it, then sure.

If you ask for this right here, of course the majority will answer Bitcoin above from the IRA. Bitcoin I don't think it will and it won't be a stable currency.

Is it reliable? My opinion is that was in the middle between yes and no.

Bitcoin is very volatile and unpredictable and also a high risk investment, because it is still experimental. In spite of all these negative aspects, I still think people can still make lots of profit, if they manage the risk. A lot of people says Bitcoin is a long-term investment, but I beg to differ, because you have to profit in the short term on the volatility, if you want a risk free investment. <Every time the price goes to a ATH, you have to sell some coins to make a small profit to reach your ROI stage and after that it is risk free>

I did this when Bitcoin reached it's ATH of $18 000+ in 2017 and I quadrupled my in investment capital and just sold enough coins to get my initial investment capital back.  ;) (That profit is equal to 8 years of the highest interest that I would have received from a fixed deposit on a savings account)  ;D

Will start by saying that; Bitcoin is an investment and not a stable type of investment like the stable coins or the Fiat type. Investment in Bitcoin is a total risk and if an investor can take the risk, it's always pay off at the end, as a testifier, I had made some reasonable profits from my investment into Bitcoin, this investment is reliable on a long term and not on Short term.

My tactic: keep buying small amounts of btc, this way you buy at low and high dollar/btc rates.

Eventually it will be worth much more.. my guess.

Bitcoin is risky investment but decent to be considering as future investment because the development of bitcoin still possible to increase in the future and for long term purpose i think bitcoin is good option and regarding the price i think people cannot provide the exact answers at what range bitcoin will be hitting but i'm sure for next few years bitcoin price will be more expensive than the current price

As you said, even though people always consider bitcoin as an investment that can become developed in the future but they still don't deny the risks in bitcoin, so there is no reason for you to be sure that bitcoin will become more expensive in the future, accurate predictions about the future are impossible. And facing this topic, bitcoin is probably not a reliable and stable investment with the risks it has but people are not too concerned when this is still a trend, it can still maintain for a while, benefits are still too big and enough for people to accept the danger to invest

i would say the prospects are good. personally, i'm betting the price will be much higher in 5-10 years.

nothing is set in stone though. it would surprise me a lot, but bitcoin could still return to a bear market from here to sub-$3k levels. the odds are low considering the momentum and gains of this rally, but it's possible. keep that in mind when investing with retirement money. usually people put those funds into very conservative investments, not assets that could possible halve in value over the next month.

in my experience in bitcoin market when a trend changes for good, there is no way to change it back no matter what happens. for example in 2018 when we entered the bear market as the year began there was no way anything could change it at all. and similarly right now that we have entered the bull market and have already risen more than 250% in the past 6 months there is no way to change that trend. so I would say with confidence that there is no way bitcoin could enter bear market and drop anywhere near $3k!

that's the sentiment most die hard bitcoin believers have. It's definitely paid off in the last few years for people with this mindset.

this exact this has happened in the last few years, and it can definitely happen again. however, my personal belief is that with cryptocurrencies taking offthe way it is now, I don't believe any significant crash is likely without some major event setting it off. likewise, I think the price is starting to stabilize quite a bit, and without some major stimulus, I don't see the price rising in any significant way anytime soon.

The gist I'm getting from the OP's people is that they'll be the very first to sell in a panic and spend the rest of their life cursing BTC. The idea of it being a viable route for your nice retirement funds is plain stupid.

You need to go into it with your eyes and your legs wide open. Anything could happen. They sound like the type of person who shouldn't be putting any more than 1-5% of their originally planned amount in. Even then that might break their spirit.

People get awfully funny about money and us lot are so far gone we're the worst to ask about Bitcoin's prospects.

That's good to know about your friends parents not getting satisfied about the investment plans. No investment provides with such an increased profiting same as bitcoin as well other cryptocurrencies. Another important thing, bitcoin serves as a good investment for people who are long term focused.

None can assure for short term or long term assured profit. Invest and the rest happens with the market, we need to make use of the opportunity.

Stable, nope. Reliable, yes. It is not stable because its value is always fluctuating. It is up today and down tomorrow, or even up this hour and down the next. So stability is something you should not be looking for in Bitcoin. It is reliable because its value is generally appreciating no matter the rise and fall on an hourly and daily basis.

"die hard bitcoin believers" is a meaningless term in my opinion.
logically speaking you analyze bitcoin and see its potential, if you did then you start investing in it. but most people don't have a large sum of money lying around that they could dump into bitcoin! so they have to slowly buy bitcoin each week/month as they are left with a little bit of money after expenses. that means buying little by little and since you already know the long term potential buying at $3k then $4k then $10k isn't really a problem since you plan to hold long term and when it reaches something like $100k it wouldn't matter anyways.

You know.... A better idea would be this.

Hopefully you have a decent amount to invest so it turns enough profit for you.

There many companies that have been around for years and years even older then us. They offer anywhere between 8-12% per year. They make no promises but historically speaking this is accurate. (never trust and investment that makes you promises)

For convience, we will say you open an investment of 100k with 12% APR so it is 1% per month

Take that 1k each month and invest it into altcoins you believe in and funnel those through into bitcoin. Hopefully, you make a good turn over and get some crypto in your prort folio while taking a small risk investing with money you already got just for investing your fiat. You will always have the 100k as well.

The greater the interest , the more risk they must face if we talk about investment.
Yes, bitcoin can yield profit more than IRA but remember the risk
IRA can provide you some profit ( usually stable and government also support )

So it's depend on their decision

I think that everyone should be responsible for their own lives, including their own money. You can not rely only on the advice of other people, you need to think with your own head. My advice is to study the information about bitcoin and make a decision about investments on your own

I will never advice anyone to invest into bitcoin if they are not interested in the market, if they are willing to learn about the market and can do everything on their own then it is a good thing, if not never advice anyone as they could sell the coins when they see a deep correction and then put the entire blame on you for their loss because of their foolishness as i have my experience advising others.
Bitcoin is not a stable market but in the long run the price will reach new levels but you can expect a correction anytime and hence there is no guarantee that the price wont go below $9k.

Not everyone is financially literate. Even if you do your own analysis, making large investments have lots of pitfalls. 100K is already a large sum of money and I already have seen so many wasting money to investments because of unwise decisions. Financial advisers can help you in that aspect.


OP does not intend to push crypto-investment to his friend's parents anymore because of the risk. They will hire a portfolio manager which is a wise choice. And investment is not limited to crypto and no one will take any investment advice from this forum seriously.

Investing in Bitcoin is really very profitable, but they carry a fairly large risk.  Investing in Bitcoin, in the hope of making a big profit, is practically How to play Roulette, but with great chances.  In any case, everyone who invests Bitcoin should have other sources of income.

Bitcoin price is very volatile, and they may not need to put all the $100k in buying bitcoin, I will advise you first lecture them on the nature of bitcoin and since you told them between (5-10)years as a form of investment, then am super bullish on this. Some percentage can be try on bitcoin maybe 30% let them see the progress so you know you are dealing with patient people.

lol thats what you call serious  ? i think your joking because you are asking if bitcoin is reliable and stable kind of asset  .

 before you jump here ,didnt you do any research about bitcoin or cryptos  ?  you know bro they are all volatile or unstable . thier value can move from time to time which simply means that they are not a kind of stable investments but they can provide you a good profit becuase of their unstableness .

Totally agree. Cryptocurrency investments are always risky. Not everybody can handle that.

Going back below $9k is still possible but I think it only has a 10% chance. This time is going to be different because Mark Zuckerburg helped us to promote the good use of cryptocurrencies. His project opened the eyes of the world and telling them indirectly that blockchain and crypto is the future just like how how sees his social media empire Facebook when he was just still studying it.

When we talk about banks that keep cash money, a good interest rate is 6.5%.  There is something named "compound interest" that can give you a higher interest rate. The compound interest has been invented by Italians in the 16-th century.
Instead of having the interest added to your bank account every year, the interest is added to your bank account every week or every month.
Thus you receive interest to interest. This is very good.  

 Bitcoin is the future of the money. Until now there was no money like bitcoin in the World. Instead of going to the bank and begging them for your money you have the money in bitcoin. No one in this world knows what will happen with the value of the Bitcoin in the next 10 years, but forecasts say that the value of the bitcoin will appreciate approx 20x to 100x in the next 10 years.

If you ever read the book Foundation, by Isaac Asimov, in this book someone is trying to forecast the future of the humanity for the next 1000 years.  He is successful in doing this forecast for the next 700 years.  

This is what Satoshi Nakamoto has tried to do with bitcoin, to forecast the evolution of the World finances for the next 100 years. (The prices go up in this world, and Bitcoin is trying to compensate these prices.)  

Just like with stocks. If no one is talking about it, then it's the perfect time to invest in it. When Bitcoin was at it's lowest point in late 2018 that's the perfect time to invest in Bitcoin. I would not recommend investing right now as everyone is on the Bitcoin hype at the moment. Pro tips.

For me bitcoin is a reliable investment but not stable. I've owned bitcoin since 2016 and we can see its growth from the past years. But the price is very volatile when we remember what happened last year where it crashed from $20k to below $4k. If you don't want to lose big in bitcoin, only invest what you can afford.

Is bitcoin reliable or stable? Hell no. Is there the possibility to make a very decent return from bitcoin within 5-10 years? Hell yes. However, nothing is guaranteed and it's very risky so be advised. The potential for huge gains is there but also huge loses. Personally I think bitcoin will be worth a lot more than it is right now within 5-10 years, but I also expect it to go through several ups and downs also with huge crashes so it will also be worth much less than it is right now, but hopefully the new lows are always gradually getting higher and higher so there's gradual growth. Before you or they invest in bitcoin look at the performance over the past five years especially the peaks and bubbles. It wasn't that long ago that bitcoin was $1k and then it rallied all the way up to $20k before the bubble burst and it settled back down to about $5k or whatever it was and now it's back to $10k+. Those sorts of bubbles will probably happen again so be aware of that, but there is certainly money to be made in riding them out and I certainly think even long term (5-10 years) bitcoin could be worth multiples of what it is now but again nothing is guaranteed and I could be completely wrong. As people usually say, don't put all your eggs in one basket and don't invest more than you can afford to lose, but also remember you could lose everything or a good chunk of your initial investment.

Have they thought about investing in property to rent out to people. That's usually a safe investment with a guaranteed income from tenants and it's always better than what the banks will give you and at least you have something physical of intrinsic value to show for it whatever happens with the markets.

If you will let them learn cryptocurrency first and become knowledgeable about everything from profiteering to losses?then I think you are in a good shot

Don’t let people invest in crypto just to gain profit instead make them love bitcoin fist before thinking about profiteering because this is about technology and not just for earnings

And having $100,000 for investing is good amount of money and not easy to risk for something that you don’t really understand

To make it safest, advise them to set aside a moderate amount for crypto investment, primarily Bitcoin of course. It is always best to invest in different things, the old advice not to put all your eggs in one basket kind of thing. Bitcoin investment is best in terms of rising value. You cannot expect investments to simply double in so quick a time as Bitcoin.

I can say my opinion since Bitcoin for me is a reliable investment for the long run.

Since you are saying 5-10 years investment, I think investing in Bitcoin is a better choice but as an investor you must know that you need to diversify always your capital. Aside from investing in crypto, try to invest in other investments like real estate, stocks etc. One advice, just buy and hold Bitcoin and don't get affected on the news that are spreading across the Internet.

Bitcoin is reliable in the term that you mentioned, that is, 5 to 10 years. If you lower that in say 1 or 2 years, it may not be. It may experience a serious dump and need a year or two to fully recover. In terms of stability, I'm afraid Bitcoin does not have that character. But again, in the next 5 to 10 years, I am sure you will already see a considerable growth of your investment value.  

Whether it could fall again to $9,000 or $3,500, the possibility in this unpredictable market is unlimited so it could. We just hope it won't. And if worse comes to worse and it indeed falls on these prices, just be patient and hodl.

This is very much possible because the market direction can not be determined most times. Left for investors and traders they will put in everything to prevent it, yet it  is very much behold them expect for the whales.


I suggest your friend should leave the fund they have in IRA, they may not be getting much interest at least the money has zero chances of dipping. He should invest in Bitcoin with spare funds and then be ready for anything in the future. In the future, Bitcoin price may triple in price or even reduce more than the present price.

just like members here say, bitcoin is not stable and very risky if you don't have knowledge. I suggest if you still choose bitcoin as a long-term investment, it would be good for you to learn and find out various information about bitcoin. just a little bit of information that you can tell your friend's parents, all the news about bitcoin (good or bad) in various countries, slightly affects the bitcoin price itself

When you suggest, it's also important to tell them the risk of investing, true, bitcoin is a good investment but you can't deny there is no assurance that it's growth will continue, and that's what the risk stands for in crypto investing.

Yeah, bitcoin is one of most popular crypto in the market, investment in bitcoin will give a better return on investment.

Of course, you may suggest Bitcoin to your friend. But do not ever forget to emphasize the need to learn more about it first before finally deciding to invest. In fact, suggest Bitcoin to your friend not to invest on it right away but to study it first. Let him decide later on after knowing enough of what Bitcoin is, the advantages and disadvantages of investing into it, as well as the possibilities in terms of the rise and fall of its price. Also, it is best to retain the IRA investment. Diversity of investments is always the best way to go.  

Reliable and Stable are two different things and like us, all BTC is a highly volatile digital asset so how it can be stable? It has to move gradually or rapidly and yes! It is reliable for those who keep themselves update with the market and follow the bullish move and no bearish one.

First, this not stable investment that they should know. Maybe they will earn a lot but there are some circumstances that they also got lost. Introducing bitcoin as good in investment is not bad but first, let them know how bitcoin works and how volatile it is because the word risk is always the in investing bitcoin and this is not for short term investment. After knowing how the technology works behind the bitcoin currency then, you are safe of possible blaming when they get the lost or good thing if they get earned a profit.

In terms of investment, yes! bitcoin was a good one for this things. Now in terms of reliable, it is also yes! because if it is not
reliable why would most merchants or company will accept it as mode of payment to their business if it is not reliable,
and why some country regulated it to their own territory to become secondary or alternative currency? 

Well, when people become serious about investment, the general view that people can realize that no investment is reliable, it always has certain risk numbers, and we can only accepted, too perfect is an impossible thing, and in addition, if we take the time to read more about bitcoin, it's not difficult to determine that it's an unstable investment. It sounds very dangerous but we should know the value of these investments, profit from this category can always change a person's life, poverty can become rich quickly, so, just to be reasonably safe, people will participate in bitcoin regardless of its hidden risks.

And there is every tendency that they will do that, the more reason why OP shouldnt go all out in just telling them to invest, but should firstly teach them what the network is all about, bringing to their knowledge it's good and also bad sides.

If one is firstly educated on the intricacies of the bitcoin network before he or she goes into investing, they tend to do better and are less likely to be affected by FUD or being rushed into panic sales.

If you are going to ask a banker, they will say Bitcoin is a high risk investment because of course those guys always wants to make sure their investments are safe if ever they put the pool of money they hold somewhere, but they will ask you first what kind of investor are you, they will classify if you are a moderate or risk taker, risk takers are those who are open to investments that price changes a lot, that's where Bitcoin comes in however, in terms of direction, we can say 100% that it will continue to go up, no one can. All we can do is speculate. 

If you are not new to bitcoin, you would realize that bitcoin price fluctuates a lot because of its volatility and no one can guarantee the status of what bitcoin would be when they need the money, it could be in the bear market then, so 5 to 10 years is a very long time, although many of us believe that bitcoin may have even reached $150k per one by then, but that I still based on speculation.

If I were you, what I would have them do is to put the money in bitcoin right now before the bull run start, which I can guarantee you that within the next 1 or 2 years, we will have bitcoin bull run in that market, and by the time, it peak, their investment would have double, they can remove their capital then, and then leave the profit for the 5 to 10 years they desire while they use the capital for an Investment outside crypto.

It would have been better if you made them aware of this alternative indirectly

What I mean to say is that if they invest in Bitcoin their lifetime savings (or some part thereof) and it doesn't work out as expected, you may be the one who is to be blamed for their failure. And it won't really matter if it might be entirely their fault (like "do your own due diligence in all cases")

Regarding Bitcoin as a reliable and stable investment for the long term, the answer is a big fat no. No cryptocurrency is a reliable investment since there is virtually no real value behind it which would prop up its price no matter the circumstance. In simple terms, don't invest your lifetime savings in purely speculative assets

Yes,Bitcoin is a good investment all the way but the question is your friend parents is ready to take the risks?The market is unpredictable bearish and bull market happens maybe 50% of their capital must invest in bitcoin and the other 50% in IRA or other alts.

Still i love BTC and will carry this love also to BTC because it have given a good feedback when i engaged into it. But i can not suggest you to invest here as market is too much volatile and there is no controlling body in the world that people can complain about market down and up. So that last year market fall into 4k$ from 20k$. But matter of hope that market is going up again and if you gonna invest you have take risk in your own way.

I may wish you for batter days. best of luck.

you mean you love btc just because you hear good feedbacks about it ? that mentality is no good because all can say good things about btc but you didnt know that they are lying  . ive seen lots of guys who ended a situation like this because they arent doing a research on thier own  .


i though you love btc so much ? you said earlier right ? but now you cant suggest btc to everyone ? but thats true actually   .btc is so unstable but if you really want to invest and possibly earn , you should accept those factors .

The Cryptocurrency Industry is in the process of Stabilizing. Some values of Crypto are always fluctuating and stays that way for some period of time. IRA is an Alternate Cryptocurrency that has the capability to increase its value as time passes by but Bitcoin also has this capability and its value is far higher than IRA.

One decision to consider is by investing in Both of the Cryptocurrency and trust that it will be profitable.

Funny how everything I've written above actually happened. Well anyway, new prediction. Buy.

If you dont like to be blamed out then its better for you to teach them about the risk first before talking about earning money with bitcoin.

Its never been a reliable and stable investment since this is an unpredictable thing.If they cant handle out the risk then this place isnt for them and

better to stick out with those investments that they do know but well, when it comes to return then its totally different.

Your question is actually very common, many are not sure about investing in Bitcoin. Maybe it's because I'm a Bitcoin believer, of course,
if asked to invest in long-term IRA or Bitcoin, my answer is 100% recommend Bitcoin. Because in my opinion Bitcoin is very reliable and
profitable, but Bitcoin is not a stable investment. Because the price of Bitcoin is volatile, I suggest if you are in doubt why not investment
in both. Share the capital that your friend's parents have for 50% investment in Bitcoin and another 50% investment in IRA.

It's an old thread guys. If he was considering an investment a year ago he either did it or not. There's no point in giving him advice now.

I think that it's a good investment but any newbie can see that it isn't stable. ;)

Is Bitcoin reliable? - yes
Is it stable? - no, it's extremely volatile.
There is no guarantee about Bitcoin's price in a year, no one can say if it's a good investment for a longer period. If you friend's parents have so much money, they can buy several uncorrelated assets like Bitcoin, XAUt an etc. 

This topic should have been locked in the first place if the OP have finally decided whether they should invest. I agree that it is a good investment but I do think that does not make it a safe haven, if you are a newbie, my advice to you is to diversify your portfolio so when something experience a down time then you will not be panicking because you know that you still have other investments that are making a constant cash flow for you.

Yeah because it was just recently bumped and OP is not anymore active, so it should be lock not by OP but the mods or please avoid bumping this thread anymore.

Please let them understand that investing in bitcoin takes a lot of risk and this is exactly why many of us will always advice people to invest anything they can afford to forgone. You cannot earn passive bitcoin by investing in it. If they want to hold for a long time then I can give them some hope that they will earn profit but this is not guarantee because a lot of factors affect the price but we are all hoping for a more brighter future for the coin

In this part we can easily prove the greediness inside these parents and i am afraid that crypto scammers and hackers may
 lure them into something misleading because of their desire of gaining too much
 than what they are getting now.
If they are really looking for long term Holding then they must not care what will be the price for the entire years,
Because all they need to look at are the value who will be decided when the target time reached .
Please tell them to decide on their own,You will just help them learn about this market but the risk is always there.

Do not put all of your money into BTC. Diversify.

Reliable and stable are all relative terms. And as with any investment, where there's a probability of high rewards there's also a high degree of risk. That being said, in the space of cryptocurrencies, bitcoin is the most stable and reliable. But in space of overall asset classes, gold surely is the most stable and reliable - but not as risky and therefore not much of a possibility of a high return in 5-10 years.

I get questions about bitcoin and other cryptocurrencies often do to my career.  I am always getting asked about "investments" when they are hot and performing well in the markets.  Bitcoin and Marijuana stocks are two that I often get so many questions about.  My advice always starts with have you done your homework on this? Do you already have an established portfolio with traditional investments and are on track for retirement or to achieve the goals you had previously set our for yourself.  Most people just hear/think it'll be a get rich quick ordeal and that's often just no the case.  Do you homework first and foremost and understand what you're getting yourself in to. 

Bitcoin is a good investment but a risky one as well so if you were trying to get into investment with Bitcoin, better just invest a decent amount you can afford to lose. At the category of cryptocurrency investment,  we can say that Bitcoin is the most reliable and stable crypto good for investment but still you must take into consideration that its price is volatile. Yes it could give you awesome rewards for holding and waiting until it pumps but still on the other hand, there is also an open possibility that it could get into the other way around experiencing dumps which can be affected by certain situations which can have an effect on the pricing of Bitcoin.

With regards to the possibility of Bitcoin going down to $10,000 or $9,000 or even lower than $3,500 it depends if it would get into such situation but there is always an open possibility that such thing could happen on the price of Bitcoin.

As many others have said, bitcoin is a very risky and volatile investment. So I don't consider it as a stable investment. Especially if you are new in this market, you will be overwhelmed if btc will drop by $1k overnight, and the thing is, it is just normal for this market. Can rise $5k in a matter of few hours. So if you are not ready for this kind of market movement, better put your funds in tangible assets like real property or gold, where you can sleep peacefully at night.

Bitcoin is a safe investment when you compare fiat value in Bitcoin, and the massive money printing that's stealing tje purchasing of a currency that can lead to hyperinflation. Which is pretty much dangerous, because all your savings, investment, pension would go to zero. O yeah, i think BTC is 100x safer than fiat, and in the long run it will be much more valuable due to its scarcity.

Bitcoin is a risky investment due to its volatility and in order not to suffer losses, it is necessary to know how to manage its trends. If the investment was made in the month of July 2019 when this thread started, the price of Bitcoin was around ~ $ 10,978 only on a few occasions the price has been exceeded. Expert traders could generate profits with this investment combined with other cryptos.

Hi,
It depends on individual investment goals, risk appetite, investment horizon, and current investment portfolio allocation to alternatives and other risky assets. Many factors need to be taken into consideration when calculating the optimal allocation to Bitcoin. This is actually the investor advisor (RIA) work, though they are still reluctant to enter the Bitcoin market. Generally, a small allocation to Bitcoin with a long-term investment horizon makes sense and can actually increase overall investment portfolio risk-adjusted returns.

both. 80% ira 20% btc. 80k + 20k

my logic is as follows.

 btc will bust or grow like mad.

ira will grind out 1 to 2% a year.

so in ten years if btc goes 3x you have  60k
if ira grinds 2% a year you have 96k

total of  156k

if btc busts or does really bad. it may be  only 10k a loss

but the ira grinds out the 2% and you have  of 96k this plus 10k means 106k

so the two cases above are 156 + 106 which is 262 / 2 = 131 average

if you do all 100% ira at 2% you get 120

so a gain of 31 in two cases averaged 6 on the low side 62 on the high side.
or a gain  20.

so I would hedge 80 ira 20 btc.

and review in. 10 years.




note disclaimer
i am not a professional. my writings are not advice.

so if you do all ira and are angry at a failure i am not to blame
if you do 80 ira + 20 btc and are angry i am not to blame.
if you do 20 ira + 80 btc and are angry i am not to blame.
lastly if do 100 btc and are angry i am not to blame.

but for me 80 ira 20 btc is my personal choice for myself.

this is just an opinion,

but with bitcoin reaches(or already reached its peak)due to its increasing in popularity and utilization, it shall stabilize (in such a way that it will lower the value 5-10 years from now) along the way.

an analogy to this is how a game balancing(stabilization) is applied to published games by the developers (the big guys on the market) to ease/or utilize some of the features/components(physical and non-physical factors) affected by sudden flux/variation.

while bitcoin is not in a grip of any individual, its volatility is depended on the players in the market.

If your asking about "stable investment" then you are at the wrong place Because a Volatile market assures you nothing.
But if you can risk and know the consequences ?then i may say that In the Long run,I mean in future when you Hold then the profit will be indeed.
Like those early adopter of Bitcoin that taste their fruit after 8-9 years.

Right now, the only stable investment is gold. All the other investment assets, such as stocks, real estate, mutual funds.etc are behaving in a highly volatile manner. And if you check the Bitcoin charts for the last 6-7 months, you can see that the prices have fluctuated less than many of the established large-cap stocks. Bitcoin continues to be volatile, but this volatility is declining.

Its not advisable to invest all in Bitcoin there are other good investments that are also worth investing in the likes of Gold and others... Bitcoin has its glorious moment and it's crashing moments it's never always Rosy so invest a certain percentage in Bitcoin an amount you can lose without having a major effect

Bitcoin and any other cryptocurrency always have risks. Volatility is their nature. But in my opinion, investing in Bitcoin for a long term can be quite logical compared to short-term investment. There has been various examples of Bitcoin price having a dip and after that going to a very high levels. This is my opinion and it is your choice. :)

When investing in bitcoin it is always a big risk so you can't really invest all of your money in bitcoin but only the money that you could afford to invest. Personally I think bitcoin is a good investment compared to other investments that you could do. I personally recommend bitcoin if you already have experience in cryptocurrency and you already know what you are doing or at least you know someone that could help you invest in crypto. For me bitcoin is great as a investment, not a currency as we could easily see the bitcoin volatility.

Bitcoin is an investment with a very high risk, so it is not a stable investment. We must first get to know Bitcoin, before deciding to
invest in Bitcoin. It is true that Bitcoin can provide enormous and unexpected profits. But on the other hand Bitcoin can also make
you suffer a big loss. So investing in Bitcoin must be wise and patient, so some people who have been investing in Bitcoin for a long
time always say invest money that we can afford to lose. Because Bitcoin price movements are very volatile.

i hope the OP already know what to do with his money. investing in bitcoin is indeed a high risk investment. dont expect that your money will be doubled or tripled when you finally decided to sell it in the market.
 though btc is showing a very promising future but dont forget that the price movement can change drastically at a very short period of time. it is like a gamble that youre taking here.
so yeah, invest what you can afford to lose!  a very common piece of advice but it really is valuable to keep in everybody's mindset.

Bitcoin can be a good investment in the crypto world because it has a more stable value than other cryptocurrencies. Compared to bitcoin's ATH which is currently worth $ 10,000, it's pretty good and hard to drop lower.
People often expect bitcoin to reach a higher level of value, but unfortunately, bitcoin is just a speculative asset, the community that supports bitcoin and there is no institution responsible for it.
If your parents are looking for a long-term investment, bitcoin is also a good investment, but advise them to diversify their investments with other forms such as stocks or real estate.

Bitcoin long term, IRA short term, gold mid term. IMHO

Investing in any form has risks including bitcoin which is very volatile, where the price can change significantly from time to time which must be considered and considered before investing.
and in my opinion the safest is to invest in the long term indefinitely and avoid worrying when the price of bitcoin drops, and will only wait for bitcoin to rise again to make a profitable sale, it takes a lot of patience in investing in bitcoin because bitcoin will always give you a good profit good even if it takes a long time.

What's your opinion on traditional stock and forex. If those were reliable and stable investment then without any argument one will easily conclude bitcoin having all the required properties. Each and every investment has got risk in it, we don't think much about it. When it comes to bitcoin or something related to cryptocurrency investment people are easily getting into panic. This is the reason for a serious examination about the reliability of cryptocurrencies.

There is a major difference between traditional stock exchange, the market price of a stock is directly dependent on the policies the company makes to have a sustainable growth and the amount of profit they are making annually but in terms of forex the cryptocurrency market can the correlated as the market movement is on similar principles.

The reason for the panic whenever there is a correction in the cryptocurrency market is because there is no benchmark to check the reason why the market went down exactly like we have in stock market, all we know is that there is a massive sell off because some whales thought of booking their profit and the entire market follows.

I don't have much information about IRA. But I can say that Bitcoin can be quite profitable if you are willing to keep your money on it for a long period as you said. I think Bitcoin is not very short-term friendly but a good choice for a patient investor.

Probably I would stick in bitcoin investment because I already know and have experienced in cryptocurrency, in my opinion, bitcoin is only the best investment where you could potentially earn a high profit because of the value volatility. If you observe the market even in short term you could probably earn a big profit already in just a small time.

You could also invest in trading if you know how to trade altcoins in an exchange, you could invest money in a trusted exchange that you choose and then buy altcoins that you think have the potential to increase its price. I might earn a decent amount of profit daily in trading and new projects.

Always good to stay keeping in touch with bitcoin investment. I'm actually stuck right now between hodling it or trade it already to an stablecoin like USDT.
Short term trading of bitcoin can't guarantee high profit, unless bitcion suddenly spiked and you're so lucky that you are checking bitcoin's current price and decided to sell it.
But that's unlikely to happen on short term trades so don't give some kinda false hope though it's possible to happen.

Bitcoin is volatile and too risky. Bitcoin is not a stable investment but it is reliable if you have enough knowledge in investing. Holding for a long term period is good but still risky. Better to learn first about bitcoin investing before jumping into it.

Indeed. Investing with Bitcoin requires adequate amount of patience and hard work.
When it comes to turnovers, it is profitable but not really stable especially in its nature.
Bitcoin is for the strong hearts and minds ones due to its high risk and it is not a one time big time here.

I'm more sure of bitcoin going up then local currency. You need to believe in bitcoin in order to invest for the long term. IF you do then I think you should agree. I find it hard to believe when the bitcoins are all mined that it will be below $10k. It's still being adopted it might go to a million $$. It depends on how many more people adopt it and I believe there are many.

For short term it is not suitable for investment, if anyone have patience and can hold it for long term then it is reliable but it should be bought in dip not in up price.

It all depends on the current portfolio allocation to alternatives/risky assets, risk tolerance, net worth, and investment goals. Generally, a small allocation to Bitcoin historically increases risk-adjusted returns and the Sharpe ratio of the investment portfolio. My recommendation is typically Buy & Hold strategy for the medium/long term. You can try our free Bitcoin Robo Advisor (https://digit.finance/bitcoin-robo-advisor/) service to calculate the optimal portfolio allocation to Bitcoin, out of curiosity.

Yes, bitcoin has been structured to be reliable but not stable enough at its own pace as an investment, it is quite volatile, it may not be best in short term because the space of time between a bull and another bull is worth big time patience.you need a real understanding of bitcoin specifics"the market trend" in order to be a successful investor in it. Most of those who can observe the risky part of bitcoin the most are the traders who have many investors on their neck.

Maybe you can't always guarantee a high profit in a short term investment but it's still possible when it comes to bitcoin at I've done it a lot of times in the past investing my money when the market price of bitcoin is a dump. Could not be possible in other cryptocurrencies in the market since bitcoin is a bit different and special compared to the other.

You always have a chance to get profit when you have experienced and know the right time to buy/invest in bitcoin also the right time to sell your investment. Your not going to lose your money if your not going to sell your investmentt and the opportunity to sell could always come.

5-10 years is a very long time and there is the certainty that if one invest in bitcoin now, one is sure of huge profits.
I'm sure those that invested in bitcoin five to ten years ago can calculate how much profits they have made.
Although, I do agree with the fact that the market is very volatile and unpredictable, there have been moments of very high price and moment of very low price, it is still a very good means of investing.
The price of bitcoin is at almost $10k now and I'm pretty certain those that bought five to ten years ago didn't buy it at that price. They bought at a much cheaper price.

Once a person becomes interested more about bitcoin he should learn first how it works so he can really understand. It is still being adopted since some people doesn't know this yet. It is reliable investment but we cannot say the value is stagnant since price is volatile. In the future, I believe there are more people who will adopt cryptocurrency.

Frankly speaking 5-10 years from now, we can see the ups and downs of the market the same with bitcoin price so we cannot say taht it will not go below $10k. It can even go lower than that when the bear season will hit hard as it is how the market works.

If you are planning to invest in bitcoin, you should make sure first that they know how the market works so they will not be worried when bear season will hit as they can surely see a red flood in their portfolio. Investment is about right time to buy and right time to sell meaning timing is very important here. Buy more in bear season and sell it when bull season will likely to appear.

You should also be more sure of Bitcoin going down tahn your local currency, that's unlless you live in Venezuela, Iran, or a few other places :D


You're assuming they will all be mined out. If the price crash to 3 digits there will be no incentive for miners to keep going.

I'm a believer myself but we have to take all options into account.

Over the years bitcoin has been proven to be a reliable investment. Imagine those who took the risk to invest in Bitcoin as at 2008 and years back and still hold their investment till now. You will release how valuable and reliable Bitcoin is. How profitable their investment has become also considering the growth rate of Bitcoin as the leading crypto currency.

Now it is easy for us to judge those who invested at the very beginning, because now we see what came of it, but we cannot know what will happen next, the forecasts are different and we do not know what to believe.

Surely it will be very rare for people to hold bitcoin from 2008 to the present. Those who held bitcoin in that year were only people who believed in bitcoin technology and believed bitcoin could become a valuable digital asset. Of course they will have a target at what price they will sell it.

The fluctuation of bitcoin price will trick the psychology of the holder so some people will sell it as soon as they make a profit.
Bitcoin investment does look profitable, because the price continues to rise, but the market will also not continue to rise and will experience a deeper level of decline.
The right time to sell and buy bitcoin will be very important for the continuity of the investment.

Bitcoin already proved itself over the years until now. It is a reliable cryptocurrency and the largest blockchain-based digital asset but its price is unstable. Whether you hold for short or long term it is still a risky investment because we aren't sure of its pace.


There are some investors that chooses the short term investment and they earn their money back. I don't get the idea that if I hold and wait for long then bitcoin is considered as a reliable investment? In an investment, there will always be a win or lose and if you lose, that does not make bitcoin a fraud. You just need to be someone who is good at strategy.

In my sense BTC is reliable but crypto currency never be stable.In this time one can invest in crypto in small amount in raw level.After getting much experience by practicing more and more then one can invest bigger.Because it is a high risk platform in this you can gain much or loss badly so avoid loss you have to work on that for a long time it will be fruitful for investors.In the case of big investment I suggest diversify of investment amount that make a portfolio helps you to avoid big risk and also get more experience.

Never think of any crypto coin as being stable. The two just don't go together, and in some instances the reliability part can be questioned too.

BTC is a serious asset but because it is volatile its predictability around stability just doesn't exit. And although not many people approve of this idea, one cannot exclude the possibility that at some point in the future BTC, similar to other crypto coins might well not be reliable, and their existence may well perish. Of course, this is up to how governments decide to regulate crypto in the future and what hurdles crypto and BTC holder need to face to maintain the value of their crypto asset. But I think any possible turn of events is possible; one where BTC might crumble and one in which BTC and crypto in general thrive and become the norm in world finance. 

Most like to think the latter is most appropriate due to what's at stake for them but the reality is that governments are still in power and their moves can at time be unpredictable.

That is some big investment if thrown all at once but what is better to do within the Cryptocurrency Industry is to spread those investments and wait for a good opportunity to invest on an Alternate Cryptocurrency since within this Industry, its not all about Bitcoin. It would be good to invest on Bitcoin but I would not invest something that big since there can be other opportunities that can present itself along the way.

Investing in Bitcoin is really very risky.  Because the bitcoin market is never stable.  No one can say what will happen here.  You can benefit by investing your whole life money here and the whole money can go away again.  Since your friend's parents are not experienced about Bitcoin, I think they should not invest here.  But yes they can make long term investments in Bitcoin if they have extra money.  It may be more likely to benefit them.

At this moment we can say that Bitcoin isn't something new and has some history that could be researched so anyone could make some research can see that Bitcoin is very volatile and unstable and therefore very risky. It isn't anything different than any other investment so there is no guarantee that your money will be safe and that you will make profit.

This is a tough one because it involves people who don't seems to know much about Bitcoin. I would first suggest you take them on an educative section about Bitcoin and the risks involved such as volatility, in so doing they will be left to make the choice themselves.
About Bitcoin, yes it is a reliable form of investment for long term however it is not a stable investment because of the unpredictable nature of the crypto space; and therefore no one can accurately say it will go below $10k or $9k but whichever it is, since it is long term holding then bear market shouldn't be a problem.
Left for me, I already know the valuable nature of Bitcoin and as such, I would invest a good amount in Bitcoin but not all while investing more in real estate or any profitable business, then a good amount of the profit from the business will still go back to Bitcoin.

 I think serious question about btc is only that we should be aware before investment any project, even in btc.we should be much more knowledge about any type of project  we can see performance the past then we take decisions to invest. I think so.

It's not only about how you can spend, but also about how to spend, Start by research, learning about the currency, what impact it, what its benefits and drawbacks are.

It might seem scary to invest in bitcoin, but you know it takes time and effort to understand how bitcoin functions.

There is no room for stability in nowadays world. Bitcoin is very volatile and risky as a result. If you need a stable asset, invest in gold.

Hi, how are you? Well, if you invest in any cryptocurrency, both bitcoin and other altcoin have price fluctuations that go up and down many times but if you do a good analysis and enter a good price, you will do very well, now that they are reliable if they are but be very careful with the third-party platforms that go scams very fast

It's a bit difficult to call Bitcoin a stable currency, yet, it really is a good investment. And in case you decide to enter the cryptocurrency society and become a trade, try Changelly Pro first.

Bitcoin has volatile price swings, therefore it might not be an ideal investment for retirement. But some financial services offer the option of investing in the cryptocurrency through self-directed Individual Retirement Accounts (IRAs).

Also as per the long term outlook, IRAs are excellent for investments as they hold major potential on the scale of decades.

Well for me, bitcoin is reliable but unstable investment. First, it is decentralised currency, not controlled by the government, volatile and risky. Second, yes bitcoin is reliable but then you should know first what is this bitcoin is, how to deal with it and of course learn how to trade and play with the market fluctuations as safe as you can. And yes this is just like an investment in real life businesses, no guarantee if you will earn you ROI in high amount as your investment or you're might lose it.

if you want a stable investment then Bitcoin is not suitable for you, Bitcoin is a high-risk investment, your assets can go up 50% in 1 day and also can fall 50% in 1 day.  Bitcoin is the most promising investment in a short period of time when we compare it to gold and real estate which takes 10 years to make a profit of 100 - 500%.  in the last 10 years, Bitcoin has increased by 8000% and there will be no investment to match it.  trust me, you will profit big in the next 10 years if you invest in Bitcoin today..

Two more green months. New ATH in January.

Bitcoin is a more reliable currency than other currencies in crypto bitcoin is not stable in the absence of a stable currency it is not possible to determine the exact price unless its price is limited to one place there are many risks involved in not having enough knowledge about bitcoin. Therefore you need to analyze the market well and then know the right price and then invest but even if the price goes down there is nothing to be disappointed about we have to wait patiently for the price to go up.

Amidst all other cryptocurrencies, bitcoin is the most reliable and stable but when you are trying to bring people into investing in it, you need to analyze properly on how the market moves because at this moment very few people will have much. It is not a problem it's just the  market scale. So, patience will be needed to have the best before they start complaining.

Definitely bitcoin was more reliable investment when we were going to compare it to the other coins in crypto market. But if we were going to compare it to fiat, bitcoin wasn't far as reliable as fiat but they only differ in terms of stable. Bitcoin was a volatile currency which the mere thing that you should deal first upon deciding to invest in it. It was risky, like a real business investment. Almost similar in fiat issues but the worst case in bitcoin was to avoid the scammers.

On time. see ya losers. Anyone writing bellow is a spammer.