Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Onyeeze on August 09, 2023, 07:11:23 PM



Title: Is bitcoin best option to invest
Post by: Onyeeze on August 09, 2023, 07:11:23 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.



Title: Re: Is bitcoin best option to invest
Post by: Aanuoluwatofunmi on August 09, 2023, 07:42:02 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Do you actually know what you're saying? Am not sure you have the understanding of what bitcoin is and why it was invented by Satoshi, also i need to ask how you come to discover about the forum if you're not in search after what bitcoin is, for your information, bitcoin is the most valuable asset one can invest into without having any centralized challenges, bitcoin is not a get rich quick scheme but a digital currency that renders diverse opportunities for it investors, if you can hold fiat over 5 year and it looses value, then let me introduce you to bitcoin which will turn your currency you hodl into an asset of investment, it values increases over time while fiat decrease because of inflation.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income,

It's not a must to depend on bitcoin for a living but if it warrant for doing so, there's nothing bad because you can actually earn a living through bitcoin adoption, investment or trading because you stand a chance to gain what fiat can never give out to you, bitcoin is ready to present you with those opportunities.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income

Have you learnt about decentralization? I means whereby you can do business in your own comfort zone, without government regulations, control and how you could have a financial control on how you run your business economy without any fear, or maybe you need a trusted network that could not indescriminately perform deduction over your finances, all financial solution comes with bitcoin adoption, try and read the whitepaper to know why bitcoin was created and the most profitable and decentralized asset of investment.


Title: Re: Is bitcoin best option to invest
Post by: Onyeeze on August 09, 2023, 08:00:29 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Do you actually know what you're saying? Am not sure you have the understanding of what bitcoin is and why it was invented by Satoshi, also i need to ask how you come to discover about the forum if you're not in search after what bitcoin is, for your information, bitcoin is the most valuable asset one can invest into without having any centralized challenges, bitcoin is not a get rich quick scheme but a digital currency that renders diverse opportunities for it investors, if you can hold fiat over 5 year and it looses value, then let me introduce you to bitcoin which will turn your currency you hodl into an asset of investment, it values increases over time while fiat decrease because of inflation.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income,

It's not a must to depend on bitcoin for a living but if it warrant for doing so, there's nothing bad because you can actually earn a living through bitcoin adoption, investment or trading because you stand a chance to gain what fiat can never give out to you, bitcoin is ready to present you with those opportunities.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income

Have you learnt about decentralization? I means whereby you can do business in your own comfort zone, without government regulations, control and how you could have a financial control on how you run your business economy without any fear, or maybe you need a trusted network that could not indescriminately perform deduction over your finances, all financial solution comes with bitcoin adoption, try and read the whitepaper to know why bitcoin was created and the most profitable and decentralized asset of investment.
You have not read some articles of bitcoin, even a good cryptocurrency investor will tell you that bitcoin investment should be your side hustle, without being in signature campaign which investment do you have in bitcoin, investigate properly before making a conclusion, we need to make our investment to not be directed in one circle, at least recircle or extend our investment to another investment, why everyone is investing in bitcoin is because it's a decentralized currency and upon that I did not condemn bitcoin investment, I only said it will be good to invest in other side of investment and make bitcoin our side hustle


Title: Re: Is bitcoin best option to invest
Post by: Ndabagi01 on August 09, 2023, 08:04:04 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

What you think is not what others think, and if you think or feel you can't make it big in bitcoin or rely on it as your sole source of income, people do and it works out for them. You'd be astonished to learn that the majority of people who invest massively in bitcoin are risk takers with a prepared mindset. Bitcoin is the only cryptocurrency with a guaranteed rate of return. To me, they are not gambling with their money, but rather taking a risk that will benefit them significantly in the future.

Quote
Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

That is why the phrase "invest only what you can afford to lose" is commonly used. The market is volatile, and nothing will ever go as planned if you want to make a long-term lucrative investment. A prepared mindset will not have any issues with this and will be prepared to confront whatever market consequences result from investment. If you are concerned about your ability to resist market volatility, you can simply buy and hold instead of trading. Return on investment is guaranteed regardless of how long it takes, so there's no need to fear because you already invested what you could afford at the time without having to touch it for personal expenses.


Title: Re: Is bitcoin best option to invest
Post by: RewFrew on August 09, 2023, 08:06:49 PM
There are many option to invest but i think Bitcoin is best option to invest. If we invest in another currency or another place i think there are many condition to lose our fund. Bitcoin is best option where we will be rest assured from risk. I think Bitcoin investment could a people free from economic crisis. As people’s mindset of bitcoin investment can make a man rich so it’s popularity increasing day by day. But i ama agree with you som people are not depending only Bitcoin investment. Many people involving on different currency and different place. But overall i can tell still now many people investing on different platform.


Title: Re: Is bitcoin best option to invest
Post by: Ayebabara on August 09, 2023, 08:08:40 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever,
Then what are you doing here since you don't take bitcoin as the highest coin for investment.  As others have said, bitcoin is the highest cryptocurrency to invest in and after bitcoin then Enthereum.  But before you invest in bitcoin make sure you know the in and out. The risk involved in it so that you will not blame anyone for your downfall.


Title: Re: Is bitcoin best option to invest
Post by: BIT-BENDER on August 09, 2023, 08:10:52 PM
Importation and exportation also has risk so does every other investment, there is no one that is void of risk and there are Factors that affects all investment plans like Capital and timing just mentioning a few this factors are strong enough to determine who makes it from a particular investment opportunities and who doesn't.

Those who invested in Bitcoin and held prior to a bull run can testify they made good investment out of it and that's what timing can do.

I think you should rather teach people not to only see Bitcoin as a point of investment but also as a financial services solution to the traditional ways.


Title: Re: Is bitcoin best option to invest
Post by: panganib999 on August 09, 2023, 08:12:25 PM
With the current situation of bitcoin (30k, had a huge possibility to pump in value in the next couple of months thanks to the halving and good news coming from left and right) it's actually a smart thing to invest in bitcoin as early as possible. And even if these things aren't here you could easily make money in bitcoin through holding, as what most people did in 2017 onwards. As of now it's no longer a measly speculative asset since there's a massive and consistent uptrend in value since 2009, and if you're going to trust that graph you best believe that soon enough as long as you play your cards right you'd be able to rake in money as well. So investing in bitcoin is a no-brainer especially if you're looking to invest for long anyway.


Title: Re: Is bitcoin best option to invest
Post by: aoluain on August 09, 2023, 08:18:18 PM
There are many types of investment, of which I only know Property/real estate, Gold and other
precious metals and gems, stocks and bonds.

Personally I'm not interested in anything other than Bitcoin, I'm all in on Bitcoin and thats
the way it going to be going forward.

I will die owning Bitcoin!

Yes there are profits to be made in all those other sectors I mentioned above but they will not
yield the same returns that Bitcoin will - why?

Where else can you store your wealth without it melting, evaporating or being chipped away at
by third parties?

What other asset can you have which doesnt require anyone else to manage it for you?

What other asset is as secure as the Bitcoin network and again not have a third party involved?

You see Bitcoin isnt just about 'returns' its about:
Security
Truly limited supply
Transportability
Borderless
Deflationary
Self custodial

and at the same time as more people discover what it offers its value increases, nothing
else offers this!

There is one public example of a person who is all in on Bitcoin and who has enlightened
many others about the merits of Bitcoin....

Michael saylor

If you need any convincing on top of my post check him out!


Title: Re: Is bitcoin best option to invest
Post by: Victorik on August 09, 2023, 08:27:03 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.



What I don't understand is how you manage to get those merit you have there if this what you post here. This is pure gibberish. It clearly shows that you don't even know what you are talking about.
By the way, who told you that Bitcoin is the best investment option. Investment in BTC is just one many investment options.


Title: Re: Is bitcoin best option to invest
Post by: Zaguru12 on August 09, 2023, 08:38:44 PM
You have not read some articles of bitcoin, even a good cryptocurrency investor will tell you that bitcoin investment should be your side hustle, without being in signature campaign which investment do you have in bitcoin, investigate properly before making a conclusion, we need to make our investment to not be directed in one circle, at least recircle or extend our investment to another investment, why everyone is investing in bitcoin is because it's a decentralized currency and upon that I did not condemn bitcoin investment, I only said it will be good to invest in other side of investment and make bitcoin our side hustle

Investment is different from income generation. Many people you see today don’t even see it the way you see it. Yes it generates ROI but people store their funds in it to avoid devaluation that is caused by fiat, same as gold. The listed investment you pointed out are business investments where are daily income or profit is almost guaranteed. In bitcoin if you want such then you trade which is a bit closer in terms of risk to other businesses too. And yes virtually everyone will tell you to diversify but going to some of the listed investments by you requires more capital, more knowledge and most at times middlemen and also requires your daily attention. But with bitcoin every little amount is ok to start depending on your profit target and year to reap. With bitcoin you don’t need an extensive knowledge aside how to secure your funds except maybe it is trading your venturing into. So you see why bitcoin is the easiest investment hub people dwell into.

As others have said, bitcoin is the highest cryptocurrency to invest in and after bitcoin than Enthereum.  But before you invest in bitcoin make sure you know the in and out. The risk involved in it so that you will not blame anyone for your downfall.

I beg to differ but Ethereum shouldn’t be worth calling an investment coin because of some factors. Example is it purely follows bitcoin price trend although its investors will deny but should anything happen to bitcoin then it will also follow suit. Also many things like not totally decentralized, no amount of specific limited number of supply which is a great tool to measure the value of a product, and many more. So the only cryptocurrency for investment is bitcoin and every diversification based on my knowledge should be outside bitcoin and not into other cryptocurrencies


Title: Re: Is bitcoin best option to invest
Post by: The Cryptovator on August 09, 2023, 08:42:17 PM
Investing in Bitcoin can be a strong choice if managed well and if you have sufficient funds after covering your family's financial needs. However, it's important to note that Bitcoin is an investment with no guaranteed returns. It's possible that you might need to wait a considerable amount of time to see a recovery in its value due to its high volatility. Therefore, determining whether Bitcoin is the right investment depends on various factors.


Title: Re: Is bitcoin best option to invest
Post by: lionheart78 on August 09, 2023, 08:53:24 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Taking the idea that Bitcoin is not the highest investing plan ever, you could have set an example of which one is way better than Bitcoin.  Stating something that is arguable should be given a fact and not just stating something without any support or proof.  This way, your argument will be stronger and can't be taken as a trash.


Quote
Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

Most investments are taken as a side hustle, you cannot rely on your investment to support your daily needs.  Since investment needs time to mature before profit can be taken from it.
Quote
We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

Now you've given an example, you could also give the statistics of how much these kinds of venture produce.  The hustle of setting them up and the possibility of success and failure in this venture. I agree that there are other investments than Bitcoin but the question is the amount of return vs. the effort, the timeframe and the amount of money needed to start up those ventures.

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It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.


I think we already bridged the lines of physical investments, there are lots of virtual investments that produce high yields such as online stores, online support services and many more.  As long as te person knows how to manage his finances, I do not think they will just throw all the profit they get in their Bitcoin investment.


Title: Re: Is bitcoin best option to invest
Post by: 21mBrian on August 09, 2023, 08:56:34 PM
IMO, all the investment options have their effective terms, and these may also depend on your location. For example, in my country, the share market averages around 10 years+ and real estate is 20 years+.

According to current experience (though this might be different in the future), Bitcoin can be a 4-year investment with a high enough return that works globally. This is much better than most options, but yes, it is not the highest-return strategy. Well, usually, a higher return means higher risk. If you are expecting a very short-term and super high return, that is speculation.

So, in short, if you want to save your money and not move it for an average of 4 years, Bitcoin is a sound investment.


Title: Re: Is bitcoin best option to invest
Post by: MinoRaiola on August 09, 2023, 09:17:56 PM
I would say BTC is one of the most interesting, but it is not an investment alone. It is also freedom, no one else has access to the Bitcoin except you. For many people, it is not easy to buy Bitcoin, or it is forbidden. Everything that is forbidden makes it more interesting.

An investment is also possible with a target, be it with a fixed interest rate. Or a real estate project, but the risk is higher, also the profit. But these are funds managed by banks.


Title: Re: Is bitcoin best option to invest
Post by: nelson4lov on August 09, 2023, 09:51:10 PM
The narrative about bitcoin being promoted to the mainstream about it being a get rich scheme is done by influencers. Most influencers talk about Bitcoin as an investment opportunity and a lot of people that investing in Bitcoin in the past especially in bull runs bought in as s result of this. Majority of these people know very little to nothing about Bitcoin or it's purpose - ignoring the upside benefits of the network. The way to correct this is that moving forward, we talk about the all benefits including the financial/technological/economical benefits that come with Bitcoin as opposed to shilling it everyday as a get rich scheme which ends up creating bad impressions about bitcoin when things go south (eg: price going down in a bear market for someone that bought in during the peak of a bull run.)


Title: Re: Is bitcoin best option to invest
Post by: romero121 on August 09, 2023, 10:09:43 PM
I would say BTC is one of the most interesting, but it is not an investment alone. It is also freedom, no one else has access to the Bitcoin except you. For many people, it is not easy to buy Bitcoin, or it is forbidden. Everything that is forbidden makes it more interesting.

An investment is also possible with a target, be it with a fixed interest rate. Or a real estate project, but the risk is higher, also the profit. But these are funds managed by banks.
Bitcoin is a multi purpose asset that can be used on different needs. Having a non custodial wallet makes the bitcoin within the wallet be like money in our bank. It serves as a transaction source, currency and on different other needs. However majority prioritise bitcoin for the growth it provides over the investment. The market fluctuation used to be high against other forms of investment. This makes it riskier, but the person who is able to hold with patience profits for sure.


Title: Re: Is bitcoin best option to invest
Post by: CryptSafe on August 09, 2023, 10:13:06 PM
To the best of my knowledge, Satoshi invented the bitcoin to serve as digital currency in place of fiat which is working perfectly well up till this point in time but the truth is that it was turned into an investment option as the value began to appreciate years back. People started seeing the worth and was quick to trade with it to see how it goes and it happened that they traded some good fortune from it and they saw the need for holding which in the sense means they have seen the potentials of bitcoin growing in value in years to come which made them took advantage of it and from there bitcoin was seen as an investment option and I also see the reasons for it too because as time goes on, there is always a room for improvement and I believe the idea of bitcoin investment was the improvement to serve human better.

OP bitcoin being an investment option still looks like other investment out there which one engages to make profit. As we all know, there is always ups and downs with investments and bitcoin is not exempted. In as much as it is a volatile asset, one needs to understand that volatility is the nature of such assets and nobody can predict the next swing as it is adversely affected by many factor which it is dependent on and vice versa.

One thing I think you should know about investment is that there is no business or investment that is risk free. All investment have their trying times and good times as well but your ability to take advantage of every market situations puts you on the right track.


Title: Re: Is bitcoin best option to invest
Post by: Onyeeze on August 09, 2023, 11:35:24 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever,
Then what are you doing here since you don't take bitcoin as the highest coin for investment.  As others have said, bitcoin is the highest cryptocurrency to invest in and after bitcoin then Enthereum.  But before you invest in bitcoin make sure you know the in and out. The risk involved in it so that you will not blame anyone for your downfall.
Is not good not to research, when you research of things you pick some point's,  many people here have their way of life and their way of understanding somethings of bitcoin, from past thread I read so many of the people who invested in bitcoin advice us that is beginners in bitcoin investment that it should be our second option of investment, so I'm telling you guys that bitcoin is not highest option for investment but many of you rise against my statement, diversify your source of income not only in bitcoin and don't take bitcoin investment as the key investment because its a virtual currency despite that its a decentralized currency


Title: Re: Is bitcoin best option to invest
Post by: Pokapoka124 on August 10, 2023, 12:09:49 AM
In your opinion, importation and exportation is a better investments than bitcoin. Importation and exportation is a business and that is why it’s able to bring income and cash flow to the business owner, Bitcoin is not a business and should not likened to one, but an investment that is more profitable in the long term. Also you mentioned Real Estate as a higher investment than Bitcoin, I’m not sure what your criteria is but I’d like to ask you which is more affordable to buy? Bitcoin or Real Estate?


Title: Re: Is bitcoin best option to invest
Post by: Smack That Ace on August 10, 2023, 12:45:58 AM
There are many types of investment, of which I only know Property/real estate, Gold and other
precious metals and gems, stocks and bonds.

Personally I'm not interested in anything other than Bitcoin, I'm all in on Bitcoin and thats
the way it going to be going forward.



I doubt this statement, I don't believe there are people who don't need gold, don't need real estate because those are practical and necessary everyday things. I know that bitcoin is a potential investment but the reason we chose it is because we want high returns and want to get rich quickly, not because it is safer than other investments. Bitcoin is not considered a get-rich-quick investment, but you can't deny to me that bitcoin has the potential to get rich faster than gold and real estate. We want to get rich with our limited capital in bitcoin, we cannot get rich with that money in gold or real estate, and that's why we are here, IMO.


Title: Re: Is bitcoin best option to invest
Post by: Dr.Bitcoin_Strange on August 10, 2023, 01:27:34 AM
OP, don't forget that right here on this forum there are still mature investors who have been in this crypto space before you; they have bought Bitcoin at a very low price before you; you might not have even bought any Bitcoin or have sold the one you bought earlier, but most of these Investors are still holding on to their Bitcoin, and they are millionaires. So now, do you think your idea of Bitcoin justifies it as something that is not worth investing in? Do you think this is something that should not be considered worthy of investigation but rather invested in other things, like you said?
Well, @OP, everyone has a choice about what they want. For someone who has gained knowledge and understands the basics of Bitcoin, they would really prefer Bitcoin investment to other things, but that doesn't mean all hope must be on one investment. Even for those investors that invest primarily in stocks, they have a lot of stock to invest in, so they are not only relying on one stock investment; otherwise, they will not be richer.


If you see that some have made a lot of profit on a particular investment, that's because they understood the principles involved and also respected due process. One of the laws of Bitcoin Investment is that "if you don't hold, then you won't be rich." Many people hold, and they are rich, and many people are still holding, but some people sold because of fear and that's as a result of lacking proper orientation of what they have invested on.


There are a lot of different forms of investment, and every individual is really going for the one that they deem fit, but to me, it doesn't mean that one investment is better than the other. Every investment has its risks, and not every investment is profitable, but what matters is how you are able to manage the risks involved in the investment that you are making. Bitcoin investment also has its own rules, which anyone who understands them would follow to make a profit. That's also how stock has its risk; gold too; real estate also has its risk; even the import and exporting business you talked about has its risk; and above all, if you don't understand the risk of the investment you are into and learn how to manage your investment, then it will not be very fruitful.


Title: Re: Is bitcoin best option to invest
Post by: Stella Mese on August 10, 2023, 01:38:45 AM
indeed many people invest in btc without prior knowledge, and many think that investing in btc will get huge profits in a short time, and do not realize that btc has a fluctuating nature and when the price of btc drops, they immediately panic sell it and end up losing. but if knowledge is prioritized, of course the potential loss will be small. so investing in btc is the best choice if we prioritize knowledge before investing in btc, and it is true that investing in btc must be made a side business.


Title: Re: Is bitcoin best option to invest
Post by: Xampeuu on August 10, 2023, 02:03:32 AM
There are many types of investment, of which I only know Property/real estate, Gold and other
precious metals and gems, stocks and bonds.

Personally I'm not interested in anything other than Bitcoin, I'm all in on Bitcoin and thats
the way it going to be going forward.



I doubt this statement, I don't believe there are people who don't need gold, don't need real estate because those are practical and necessary everyday things. I know that bitcoin is a potential investment but the reason we chose it is because we want high returns and want to get rich quickly, not because it is safer than other investments. Bitcoin is not considered a get-rich-quick investment, but you can't deny to me that bitcoin has the potential to get rich faster than gold and real estate. We want to get rich with our limited capital in bitcoin, we cannot get rich with that money in gold or real estate, and that's why we are here, IMO.
bitcoin is the hope of getting rich but you have to have knowledge about bitcoin investment, real estate is indeed safer and is an investment that has a future, but it takes large funds to buy it, of course people who are already rich can buy it, it's different with me who not yet able enough to invest in real estate, so I decided to invest in bitcoin with an investment amount according to my finances and whenever it can be done, as long as we are patient, of course investing in bitcoin contains a little risk


Title: Re: Is bitcoin best option to invest
Post by: bussybuddy on August 10, 2023, 04:22:26 AM
Investing in Bitcoin can actually make sense if you consider it carefully and have enough finances after securing the family needs. With good money management and not putting too much risk on family finances, you can ensure that you have enough money after meeting your daily financial needs.

However, I also want to emphasize that Bitcoin is not just a way to make a quick profit. Many people actually see Bitcoin as a way to protect asset value amid the volatile landscape of traditional currencies. This can help them maintain the value of their assets and protect against unwanted variation.


Title: Re: Is bitcoin best option to invest
Post by: Litzki1990 on August 10, 2023, 04:42:31 AM
One of the best options to invest in crypto right now is Bitcoin. There are several ways to invest, such as business investment, investment in real estate sites, out of all these, Bitcoin is one of the most reliable investment sites. If you want to build your own business, you must invest in that business, but if you are looking for a good investment platform outside of business, then Bitcoin is the best choice for you. Bitcoin is one of the best virtual coins to invest in. Bitcoin can be used as everything you save and invest. Right now many people are holding bitcoins instead of keeping money in the bank, in this case they are saving money and by holding bitcoins there is a great possibility of increasing their money in the future. Considering all these things, Bitcoin seems to me to be a reliable investment platform.


Title: Re: Is bitcoin best option to invest
Post by: leonair on August 10, 2023, 04:51:53 AM
Bitcoin has a much higher volatility than other strong assets like gold, real estate etc.  So investing in Bitcoin is always a smart idea.  Everything is now virtual in this digital world so investing in Bitcoin is a very good idea at this time. But if you invest in gold, real estate, land or any business, don't worry about selling it easily.  Even if you invest in Bitcoin, you have to have the same thinking because you cannot think about investing in Bitcoin for a short period of time.  Invest in Bitcoin for a long period of time to get a good result.  And it will definitely good perform  then other investments


Title: Re: Is bitcoin best option to invest
Post by: Solokan on August 10, 2023, 05:31:54 AM
yes indeed investing in btc is of course very suitable to be used as a side business, because in my opinion it is very difficult to invest in btc to be used as a main job because the price fluctuates, but for people who are experts in trading there are many who make btc as a main job but of course he already Experienced in analyzing technical, fundamental and others. so I think in this case it depends on people's abilities and knowledge.


Title: Re: Is bitcoin best option to invest
Post by: aoluain on August 10, 2023, 06:21:30 AM
There are many types of investment, of which I only know Property/real estate, Gold and other
precious metals and gems, stocks and bonds.

Personally I'm not interested in anything other than Bitcoin, I'm all in on Bitcoin and thats
the way it going to be going forward.



I doubt this statement, I don't believe there are people who don't need gold, don't need real estate because those are practical and necessary everyday things. I know that bitcoin is a potential investment but the reason we chose it is because we want high returns and want to get rich quickly, not because it is safer than other investments. Bitcoin is not considered a get-rich-quick investment, but you can't deny to me that bitcoin has the potential to get rich faster than gold and real estate. We want to get rich with our limited capital in bitcoin, we cannot get rich with that money in gold or real estate, and that's why we are here, IMO.
bitcoin is the hope of getting rich but you have to have knowledge about bitcoin investment, real estate is indeed safer and is an investment that has a future, but it takes large funds to buy it, of course people who are already rich can buy it, it's different with me who not yet able enough to invest in real estate, so I decided to invest in bitcoin with an investment amount according to my finances and whenever it can be done, as long as we are patient, of course investing in bitcoin contains a little risk

@Smack That Ace - I was only referring to myself with that point. I agree with you that
Gold and Real Estate still remain popular investment vehicles along with every
other type of investment but none will return the profits Bitcoin will over the medium
to long term - I did make that point in my post too - so yea we are in agreement.

@Xampeuu - yea it takes a lot of capital to get into real estate, not everyone has that.
There are risks attached to investing in Real Estate and I wouldnt necessarily say its safer.

I would say Bitcoin is "as safe as houses"


Title: Re: Is bitcoin best option to invest
Post by: eightdots on August 10, 2023, 06:31:28 AM
Bitcoin has a much higher volatility than other strong assets like gold, real estate etc.  So investing in Bitcoin is always a smart idea.  Everything is now virtual in this digital world so investing in Bitcoin is a very good idea at this time. But if you invest in gold, real estate, land or any business, don't worry about selling it easily.  Even if you invest in Bitcoin, you have to have the same thinking because you cannot think about investing in Bitcoin for a short period of time.  Invest in Bitcoin for a long period of time to get a good result.  And it will definitely good perform  then other investments

The difference between Bitcoin and other investment instruments is that if you decide to sell in the short term, there is a risk of loss. In the long term, there is no loss. Bitcoin is the investment that will generate the most income in terms of expectations. Real estate also provided a good return when inflation was high, but after a while this return slowed down. In my country, real estate prices started to fall because they increased too fast.

If you follow Bitcoin, you know that it has certain cycles. If you decide to invest during these cycles, the return is quite high. My preference for investment is Bitcoin rather than real estate.


Title: Re: Is bitcoin best option to invest
Post by: Latviand on August 10, 2023, 06:36:19 AM
You're just saying that because you want to create a discussion OP, even if it's virtual as you'd like to point out, you should know that it's being sought after by many people no matter what and it has been used as a means to buy goods and services for a long time now. And even if it's all digital to you, it doesn't discount from the fact it proved it's value repeatedly for about a decade now, there's no investments out there that can grow up to 4.9k% in just 7 years, and you're still doubting that bitcoin isn't the best investment out there right now?


Title: Re: Is bitcoin best option to invest
Post by: Silberman on August 10, 2023, 06:43:06 AM
yes indeed investing in btc is of course very suitable to be used as a side business, because in my opinion it is very difficult to invest in btc to be used as a main job because the price fluctuates, but for people who are experts in trading there are many who make btc as a main job but of course he already Experienced in analyzing technical, fundamental and others. so I think in this case it depends on people's abilities and knowledge.
That is the only conclusion possible, bitcoin could be or it could be not the right option to invest and this depends largely on your skills and abilities, someone that wants huge profits in a matter of months should probably not invest in bitcoin, as even if the profits bitcoin can provide given enough time are high, they will still be below the expectations of that person, and in that case it would be a mistake for that person to invest on bitcoin, while for someone that is willing to wait for years, hold their coins and they have some down to earth expectations, then investing in bitcoin could be a good idea.


Title: Re: Is bitcoin best option to invest
Post by: Popkon6 on August 10, 2023, 06:47:04 AM
Investing in Bitcoin is right and worthwhile if the investment is done at the right time. If you invest during bullish period it will definitely take enough time to get profit as you can expect good results when the market is bullish. And there's no strategy to get returns when the market moves lower than investing in high momentum, because you have to invest with that in mind. @op you have invested in Bitcoin from extra income from solving your family problem but must invest on right thinking. You must be patient enough to survive this volatility so you can reap some of the benefits. Future may see high momentum for Bitcoin so one must be patient.


Title: Re: Is bitcoin best option to invest
Post by: FahriZah on August 10, 2023, 06:50:26 AM
I think best option to investment to bitcoin now because this is crypto currency and this year actually catching for crypto opportunities and if someone's need good profit from crypto than need to buy more & more Bitcoin if you possible now can starting investment with Bitcoin hurry up and Do Your Own Research (DYOR)  also.


Title: Re: Is bitcoin best option to invest
Post by: xSkylarx on August 10, 2023, 06:53:03 AM
This really depends on a person because others who have already profited from Bitcoin then invest in businesses,  build their own businesses, and not totally rely on Bitcoin. This is somewhat like not putting all your eggs in one basket, which is more safe because we know Bitcoin is very volatile and the government is still in the gray area on it. Though others may really see Bitcoin as their only option to invest or not, it is still their choice. For me, I do both, but I do want to take a lesser risk and also earn while I sleep.


Title: Re: Is bitcoin best option to invest
Post by: worle1bm on August 10, 2023, 08:14:36 AM
Our investment decisions are influenced by our own personal choices and we can't decide for all that whether it's bad or good.There are many who think Bitcoin is not having any future growth for those who don't understand it while those optimistic about its growth invest in it.So what we have in our mind may not match with others opinion so we should focus on personal advantage and what we find suitable.


Title: Re: Is bitcoin best option to invest
Post by: Nrcewker on August 10, 2023, 08:20:23 AM
Investment should always be done on the basis of personal choice or interest. If you see other people investing somewhere and you copy them and invest, then there are very low chance that they will make profits from it. People invest in a particular asset after verifying all the details and doing proper research. So if you OP can do all that, then definitely you can go for Bitcoin investment. The reason for which Bitcoins have gained so much popularity is due to the amount of returns they get from Bitcoins. Bitcoins have risen from nothing to 69k usd valued digital asset. For this reason the popularity is so high.


Title: Re: Is bitcoin best option to invest
Post by: avp2306 on August 10, 2023, 08:30:41 AM
yes indeed investing in btc is of course very suitable to be used as a side business, because in my opinion it is very difficult to invest in btc to be used as a main job because the price fluctuates, but for people who are experts in trading there are many who make btc as a main job but of course he already Experienced in analyzing technical, fundamental and others. so I think in this case it depends on people's abilities and knowledge.
That is the only conclusion possible, bitcoin could be or it could be not the right option to invest and this depends largely on your skills and abilities, someone that wants huge profits in a matter of months should probably not invest in bitcoin, as even if the profits bitcoin can provide given enough time are high, they will still be below the expectations of that person, and in that case it would be a mistake for that person to invest on bitcoin, while for someone that is willing to wait for years, hold their coins and they have some down to earth expectations, then investing in bitcoin could be a good idea.

Conclusion made because maybe they are basing their opinion for long term which they maybe predict that price might always go up especially if there's big season like halving will happen in future.

But this is so long and we can be so sure about its future and only those people who's diamond hand can figure out if holding might result to good for them or either bad.

Even how good bitcoin is we can still say that investing on this may still vary depends on the persons patience.


Title: Re: Is bitcoin best option to invest
Post by: fruktik on August 10, 2023, 08:37:38 AM
Is not good not to research, when you research of things you pick some point's,  many people here have their way of life and their way of understanding somethings of bitcoin, from past thread I read so many of the people who invested in bitcoin advice us that is beginners in bitcoin investment that it should be our second option of investment, so I'm telling you guys that bitcoin is not highest option for investment but many of you rise against my statement, diversify your source of income not only in bitcoin and don't take bitcoin investment as the key investment because its a virtual currency despite that its a decentralized currency
        Investing in Bitcoin should not come first. Do you know for what reason? This is a high-risk instrument and this point should be taken into account. It is better to choose the least risky assets first. For example, some well-known securities, treasury bonds, and so on. Only then pay attention to crypto projects.
        Thus, it will be possible to minimize risks and correctly form an investment portfolio. If this is not done, then after a while you can say goodbye to capital once and for all.


Title: Re: Is bitcoin best option to invest
Post by: Minecache on August 10, 2023, 08:45:52 AM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever,
Then what are you doing here since you don't take bitcoin as the highest coin for investment.  As others have said, bitcoin is the highest cryptocurrency to invest in and after bitcoin then Enthereum.  But before you invest in bitcoin make sure you know the in and out. The risk involved in it so that you will not blame anyone for your downfall.
Is not good not to research, when you research of things you pick some point's,  many people here have their way of life and their way of understanding somethings of bitcoin, from past thread I read so many of the people who invested in bitcoin advice us that is beginners in bitcoin investment that it should be our second option of investment, so I'm telling you guys that bitcoin is not highest option for investment but many of you rise against my statement, diversify your source of income not only in bitcoin and don't take bitcoin investment as the key investment because its a virtual currency despite that its a decentralized currency
In my opinion, Bitcoin is the best investment, but the best here is the potential for the highest returns, not the safest, and high returns with high risks. We choose bitcoin because we want to get rich quickly, it's true when we invest in bitcoin. I agree with you, we can expect bitcoin to bring us significant profits, but that does not mean we depend entirely on it. Always diversify your income and portfolio because no one knows what will happen in the future.


Title: Re: Is bitcoin best option to invest
Post by: GreatArkansas on August 10, 2023, 09:53:56 AM
(....)
It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.
For me, always do research and identify risks in what you are investing.
First, you should be aware Bitcoin is volatile. It's up to each individual investor to decide whether or not to invest in Bitcoin. Before choosing a course of action, you should carefully consider the risks and rewards.
Identify at when price you will invest, and at which price you will take profits.


Title: Re: Is bitcoin best option to invest
Post by: SOKO-DEKE on August 10, 2023, 10:01:48 AM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.
Yes, there are many businesses and investments out there, but seriously, I have not seen any investment proven to be better than Bitcoin investment in terms of profit making over some years now, but Bitcoin has proven to be the most profitable investment. Just imagine early Bitcoin investors that invested when the Bitcoin price was still even one dollar, and they invested like 500 dollars. How much profit did you think it would make by now? I bet you that those who invested the same amount in other investments who not made it.
Quote
Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

I absolutely agree that someone shouldn't firmly rely on Bitcoin as your primary source of income, but rather should view it as a side hustles. In all seriousness, it is extremely risky due to Bitcoin's nature of volatility; the price is not always stable; the price can drop to any level, even though it can also move up to any level, and that is why some experts in the cryptocurrency industry always advise not to invest in bitcoin what someone cannot afford to lose. Therefore, it is better to have several sources of income and pursue bitcoin trading or investment as a side hustles because doing so will significantly aid in your investment's growth and enable you to realize profitable returns.


Title: Re: Is bitcoin best option to invest
Post by: Maslate on August 10, 2023, 10:08:33 AM
It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.

As investors, it's necessary for us to understand how to manage risk. Some of us here use money from our businesses to invest in crypto, while other investors make money in crypto and use some of their funds to start businesses. The point is, having multiple businesses or sources of income is always better than focusing on a single investment alone. As an investor, I understand that putting all our eggs in one basket is very risky, so it's necessary to diversify our funds effectively across different investments.

Moreover, investing in crypto does not guarantee a profit; it's akin to gambling where the outcome is uncertain. Therefore, we shouldn't rely solely on this and think of it as a surefire success. It's crucial to consider the possibility of failure.


Title: Re: Is bitcoin best option to invest
Post by: Bitcoin_people on August 10, 2023, 10:47:23 AM
Bitcoin investment is mainly done by people for the purpose of making profit. But one thing must always be kept in mind that this is a virtual currency which carries some risk. Although I think Bitcoin is less risky than other cryptocurrencies we can safely invest in Bitcoin. Nowadays, it is seen that if a person invests his money in a bank, there is a lot of risk involved. Because in banks nowadays most of the time people lose money only because of bank failure. So I think it is good to invest in bitcoin and it is possible to earn good in future so it is expected that investing in bitcoin is not risky.


Title: Re: Is bitcoin best option to invest
Post by: Davidvictorson on August 10, 2023, 11:30:16 AM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.
Not everyone in the world considers Bitcoin a top investment choice; there is a lot of evidence about this in the news. Let me remind you that Warren Buffet has repeatedly stated that he wants nothing to do with Bitcoin. Many other veteran investors and businesspeople share this line of thought as well. If you read the white paper by Satoshi, there is nowhere he mentioned Bitcoin as the guaranteed path to wealth; rather, he discussed Bitcoin in terms of monetary freedom. If you believe it is the path to wealth, then it is; people are free to have their opinions. This is why we have all been advised to conduct our own research. If you have done yours and found out that it is not a guaranteed path to wealth for you, that's fine too.


Title: Re: Is bitcoin best option to invest
Post by: Marvell1 on August 10, 2023, 12:06:17 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.
Yes, there are many businesses and investments out there, but seriously, I have not seen any investment proven to be better than Bitcoin investment in terms of profit making over some years now, but Bitcoin has proven to be the most profitable investment. Just imagine early Bitcoin investors that invested when the Bitcoin price was still even one dollar, and they invested like 500 dollars. How much profit did you think it would make by now? I bet you that those who invested the same amount in other investments who not made it.

This is true, although those who have invested in bitcoin in recent years will not be able to receive the same level of return as early investors. But its return will also be significantly greater if we compare bitcoin with other businesses or investments. Bitcoin remains the most promising investment in terms of returns.

Quote
Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

I absolutely agree that someone shouldn't firmly rely on Bitcoin as your primary source of income, but rather should view it as a side hustles. In all seriousness, it is extremely risky due to Bitcoin's nature of volatility; the price is not always stable; the price can drop to any level, even though it can also move up to any level, and that is why some experts in the cryptocurrency industry always advise not to invest in bitcoin what someone cannot afford to lose. Therefore, it is better to have several sources of income and pursue bitcoin trading or investment as a side hustles because doing so will significantly aid in your investment's growth and enable you to realize profitable returns.

Whether you are investing or trading bitcoin, it will never give you a steady income. So it would be foolish to consider bitcoin as the main source of income and depend entirely on it. No matter how profitable bitcoin is, but since it is very volatile and we never know when the profits will come, so always treat it as a side business rather than the main one.


Title: Re: Is bitcoin best option to invest
Post by: bitzizzix on August 10, 2023, 12:42:16 PM
When viewed from the level of security of Bitcoin assets and the quality of the Blockchain network, Bitcoin is much safer to store and also as an investment, especially for the long term because Bitcoin will provide promising benefits compared to other investments.
it's not about a good investment of all types of investment, but Bitcoin can be trusted in terms of profit as long as you wait patiently and believe that bitcoin will bring you good profit in the future or for the long term. But it's good that we don't only have bitcoins to invest, and besides Bitcoin, I think investing in property or land, education and also gold I think are good besides Bitcoin. But I still assess and prioritize that Bitcoin is the best in terms of profit and security, and the risk is also very small if we have the patience and strong belief to wait however long.


Title: Re: Is bitcoin best option to invest
Post by: Questat on August 10, 2023, 12:46:45 PM
Bitcoin is the best investment in crypto but people don't just keep Bitcoin alone, they also have invested in some altcoins. And I certainly agree that idea knowing that even though Bitcoin is known for its profitability and less risky investment but considering investing more will generate more profit, despite the risk people still choose to do it.

I followed this investment ratio since before,
60% - for Bitcoin
40% - for altcoins


Title: Re: Is bitcoin best option to invest
Post by: armanda90 on August 10, 2023, 12:48:59 PM
When viewed from the level of security of Bitcoin assets and the quality of the Blockchain network, Bitcoin is much safer to store and also as an investment, especially for the long term because Bitcoin will provide promising benefits compared to other investments.
it's not about a good investment of all types of investment, but Bitcoin can be trusted in terms of profit as long as you wait patiently and believe that bitcoin will bring you good profit in the future or for the long term. But it's good that we don't only have bitcoins to invest, and besides Bitcoin, I think investing in property or land, education and also gold I think are good besides Bitcoin. But I still assess and prioritize that Bitcoin is the best in terms of profit and security, and the risk is also very small if we have the patience and strong belief to wait however long.
Controlling by our self with Bitcoin assets without depend on third party is why reason most safety when saving assets in Bitcoin but must hold in not exchange wallet. Difference with other kinds of investment like Bank deposit we need third party as Bank for place saving our fund and loss controlling when Bank bankrupt like in United State and we loss our fund. I don't think profitable when investing in property or land as soon possible with Bitcoin because we need time and waiting more than ten years later with property or land price increasing up, have politician effect when investing in the land actually without any good progress of some land investing face difficult for price up. Bitcoin is the best choose for investing not only fast for growing up but also we have own self controlling with our Bitcoin assets without need help third party service for saving our fund.


Title: Re: Is bitcoin best option to invest
Post by: retreat on August 10, 2023, 12:51:13 PM
-snip-

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.



Many people think that only investing in Bitcoin will make them rich overnight, even though investing in Bitcoin is the same as investing in other investment instruments where investment and financial management is needed to be able to reduce potential losses and maximize the value of the investment made.
A smart investor certainly will not put their investment in one place, they will certainly make several investments to be able to diversify their investment and create several sources of income to be able to support their investment.


Title: Re: Is bitcoin best option to invest
Post by: taufik123 on August 10, 2023, 01:10:24 PM
-snip-
I followed this investment ratio since before,
60% - for Bitcoin
40% - for altcoins
Nice ratio, but you are forgetting the Reserve funds you need to buy back when the market crashes.

From the amount of money, I have 50% DCA for Bitcoin and 40% Diversified on some potential Altcoins and also try to catch memecoins or shitcoins (trying to get lucky) that might give big profits in an instant, but the allocation is probably only around $100, not more than that.

The top altcoins are still the best choice and do some research before entering.
The remaining 10% I provide for Reserve funds, in case the market crashes and is at the bottom, so that it can get Bitcoin or Altcoin prices cheaper.
Every trader or investor has their own investment ratio, it cannot be confused with our own ratio.


Title: Re: Is bitcoin best option to invest
Post by: cheezcarls on August 10, 2023, 01:23:37 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.



First of all, we’re not financial advisors here.

The decision on investing into Bitcoin is completely up to that person who also acknowledges the risks of market volatility and it can uncontrollably go up or down in price without warning.

As much as I love Bitcoin, I do not say about it being the “best option to invest” because that makes me sound like a financial advisor.

Some of my relatives asked me about it too if Bitcoin was the “best choice” to invest. I wasn’t encouraging nor discouraging them to get in to Bitcoin as I only explained to them about the risks of getting in and to see if they are ready or not to lose the money that they can afford as it does not offer any promises or astronomical guaranteed returns.

There’s nothing wrong about Bitcoin being a side hustle if you were to accept it as a mode of payment for selling your services or getting incentivized by some opportunities that offers payments in BTC. 


Title: Re: Is bitcoin best option to invest
Post by: yudi09 on August 10, 2023, 01:40:17 PM
From the length of the OP description, I can understand that all types of investments must be believed to get an appropriate return, it doesn't have to be bitcoin as long as the investment is made like a side business.
This form of investment can be made anywhere as long as the form and investment to be made can be understood properly and correctly by every potential investor because the purpose of investment is to make a profit, not to get rich quickly.

For people who want to invest in cryptocurrency then bitcoin is the best investment ever that I know since I've been active with crypto world.


Title: Re: Is bitcoin best option to invest
Post by: WillyAp on August 10, 2023, 01:48:59 PM
It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.



I find it short sighted to let money stay parked in a few coins.

Most people look for great gains with little effort. Ok some years you do good but if you invest in a business and do it right you make much more than parking money in Bitcoin or any other coin.

What people make when juggling billions is not applicable for most of us.


Title: Re: Is bitcoin best option to invest
Post by: posi on August 10, 2023, 01:57:07 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.



First of all, we’re not financial advisors here.

The decision on investing into Bitcoin is completely up to that person who also acknowledges the risks of market volatility and it can uncontrollably go up or down in price without warning.

As much as I love Bitcoin, I do not say about it being the “best option to invest” because that makes me sound like a financial advisor.

Some of my relatives asked me about it too if Bitcoin was the “best choice” to invest. I wasn’t encouraging nor discouraging them to get in to Bitcoin as I only explained to them about the risks of getting in and to see if they are ready or not to lose the money that they can afford as it does not offer any promises or astronomical guaranteed returns.

There’s nothing wrong about Bitcoin being a side hustle if you were to accept it as a mode of payment for selling your services or getting incentivized by some opportunities that offers payments in BTC. 

Even if you are a financial advisor, how do you judge which is the best investment if everyone has different investment views? You don't have to make things complicated, if you feel bitcoin is the best investment then tell them and don't forget to emphasize that it is your own opinion. In your opinion, if bitcoin is not the best investment, what is the best investment? For me, it's the best investment and I wouldn't hesitate to answer honestly if someone asked me, but give someone investment advice and I'd turn it down. If they want to invest, they need to do their own research.


Title: Re: Is bitcoin best option to invest
Post by: Abu-Naim on August 10, 2023, 02:02:07 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever,
Then what are you doing here since you don't take bitcoin as the highest coin for investment.  As others have said, bitcoin is the highest cryptocurrency to invest in and after bitcoin then Enthereum.  But before you invest in bitcoin make sure you know the in and out. The risk involved in it so that you will not blame anyone for your downfall.
Is not good not to research, when you research of things you pick some point's,  many people here have their way of life and their way of understanding somethings of bitcoin, from past thread I read so many of the people who invested in bitcoin advice us that is beginners in bitcoin investment that it should be our second option of investment, so I'm telling you guys that bitcoin is not highest option for investment but many of you rise against my statement, diversify your source of income not only in bitcoin and don't take bitcoin investment as the key investment because its a virtual currency despite that its a decentralized currency
You are expressing your opinion based on what you know about investing in bitcoin; nonetheless, your viewpoint shouldn't coincide with that of others. Some of us here are eager to have money simply for investing in bitcoin since we feel secure doing so, if you regard it as a side business or alternative investment.

What is the initial investing option if bitcoin is your second choice?
Your manner of speaking only serves to confirm my suspicions that you are clueless of bitcoin and may require some clarification on the distinction between work and investment. Make sure you trust bitcoin if you're using your money to purchase it.


Title: Re: Is bitcoin best option to invest
Post by: icalical on August 10, 2023, 02:19:48 PM
Correct me if I am wrong but seems like the title of this thread and the main post is barely correlated. The title ask whether Bitcoin is the best investment, but then the final phrase was bitcoin investment should be use to fund other business. There is a huge different between investing and building a business, if you want compare whether Bitcoin is better investment you should compare it to other form of investment like Gold or Real Estate. But then if you want to compare Bitcoin Investment to creating a business (which one is more profitable) then it really depends on the person, it won't be depend on the Investment Instruments anymore and the comparison won't even make any sense.


Title: Re: Is bitcoin best option to invest
Post by: Crypto Library on August 10, 2023, 03:07:07 PM
Bitcoin investment is mainly done by people for the purpose of making profit. But one thing must always be kept in mind that this is a virtual currency which carries some risk. Although I think Bitcoin is less risky than other cryptocurrencies we can safely invest in Bitcoin. Nowadays, it is seen that if a person invests his money in a bank, there is a lot of risk involved. Because in banks nowadays most of the time people lose money only because of bank failure. So I think it is good to invest in bitcoin and it is possible to earn good in future so it is expected that investing in bitcoin is not risky.
Bank failure is rare to seen.  So I don't agree with you that there is a lot of risk involved in inviting money to the bank.  But you can say that the amount of profit from banks we got it is not able to tackle the current inflection. And that's why investing in Bitcoin can be a solution.  But it is not a good plan to invest all your assets in Bitcoin only. It is possible to make huge profits from Bitcoin but it requires patience

I followed this investment ratio since before,
60% - for Bitcoin
40% - for altcoins
Your plan is very good and I appreciate it because altcoins are much more profitable in less time than Bitcoin.  But altcoins also have the highest loss record, so if you invest more in bitcoins, you should also invest some in altcoins, then they will minimize our profits.


Title: Re: Is bitcoin best option to invest
Post by: synchronym on August 10, 2023, 03:08:54 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.

One thing we must keep in mind when we invest in Bitcoin is that we can't invest with the attitude that we will get dollar after dollar at the beginning of investing. Bitcoin is a long-term project that takes time and we have to keep in mind that there is a risk common to Bitcoin. There are a number of people who are in too much of a hurry to make a profit by investing in Bitcoin and then they get hurt by Bitcoin because they don't make the right decision. As op said to teach our children other trades than bitcoins. I think when our children are adults if Bitcoin is still around then I think it would be profitable if they can or want to do other things besides Bitcoin.


Title: Re: Is bitcoin best option to invest
Post by: passwordnow on August 10, 2023, 03:13:38 PM
Well, IMHO, this all sums up minding our own businesses. Whether you do Bitcoin trading and investing into a full-time thing, what's the matter with that? If someone does it part-time and does a trade once in a while, it's not a problem. This is like knowing your craft and what you are up to. If you like doing things as a passion and you want to make it as a full time, no one has to dictate what you must do. It is you that's aware of your finances, your strategy, your investments and everything.


Title: Re: Is bitcoin best option to invest
Post by: Smartvirus on August 10, 2023, 03:31:56 PM
It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.
While you might have been clear and decisive on some of the points raced, having to warn that bitcoin is just some virtual currency on the web leaves me to think it’s less practical like we have in paper and government backed up money.

That doesn’t sit well with me as o wouldn’t understand it. How much virtual do we have in a softly placed figures in mobile banking and still, we consider it money?
How much more do we have on the virtual traded currencies and other commodities in the FX market for its values?
Let’s not forget even though we know better that, it is assumed or we are being let to believe that, every single USDT out there is backed with a physical dollar and if that be any true, there we have it with backings and value to it as a virtual asset with the pegging.

The highest backing bitcoin might ever need it’s what it’s got and that’s the backing of the people.


Title: Re: Is bitcoin best option to invest
Post by: ajiz138 on August 10, 2023, 05:44:46 PM
Investing in Bitcoin can be a strong choice if managed well and if you have sufficient funds after covering your family's financial needs. However, it's important to note that Bitcoin is an investment with no guaranteed returns. It's possible that you might need to wait a considerable amount of time to see a recovery in its value due to its high volatility. Therefore, determining whether Bitcoin is the right investment depends on various factors.
Yeah... before investing we must be able to fulfill family finances along with the emergency fund so that the investment is not interrupted and not taken again when there is a sudden need, it is important to manage other assets before investing anything.

Choose bitcoin investment over others - Because the knowledge in bitcoin is quite extensive including from the tendency of the market to fluctuate due to high volatility but enough to believe that bitcoin is quite an important asset and as a future investment option many people do.

Indeed, there is no guarantee of returns with when the time, but people who have been in the scope of bitcoin for a long time already know the meaning of the cycle even though it cannot determine it, but I still believe in this asset.

I also will not leave other businesses even if bitcoin becomes the first choice.


Title: Re: Is bitcoin best option to invest
Post by: justdimin on August 11, 2023, 05:20:11 PM
It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.
As investors, it's necessary for us to understand how to manage risk. Some of us here use money from our businesses to invest in crypto, while other investors make money in crypto and use some of their funds to start businesses. The point is, having multiple businesses or sources of income is always better than focusing on a single investment alone. As an investor, I understand that putting all our eggs in one basket is very risky, so it's necessary to diversify our funds effectively across different investments.

Moreover, investing in crypto does not guarantee a profit; it's akin to gambling where the outcome is uncertain. Therefore, we shouldn't rely solely on this and think of it as a surefire success. It's crucial to consider the possibility of failure.
The possibility of failure is the number one reason people make a profit. If you consider that there is a possibility that you could lose and then get ready for that, it means that you are going to end up with a profit since you would be able to see the loss coming a mile away. However, if you do not consider the possibility of losing, then you are going to end up with a loss and that will not be a smart idea for you at all.

I would highly suggest and implore everyone that they should be able to see it as something that would make a lot more sense in that regard. Just make sure that you are ready when the potential loss may come, not saying you will, just be ready if it happens just in case and you will be doing better.


Title: Re: Is bitcoin best option to invest
Post by: Richycryp on August 11, 2023, 05:35:28 PM
Yes you are correct because so many people is always asking for advice on how to go on with investing in bitcoin.
You can really depend on bitcoin because the market is no man land, anything can happen at anytime.
So you need to study what you want to do and try to use your spare money not to sell your things and if something happened you will start crying and blaming people that introduced you to bitcoin.
So be careful


Title: Re: Is bitcoin best option to invest
Post by: Agbe on August 11, 2023, 05:50:47 PM
Is not good not to research, when you research of things you pick some point's,  many people here have their way of life and their way of understanding somethings of bitcoin, from past thread I read so many of the people who invested in bitcoin advice us that is beginners in bitcoin investment that it should be our second option of investment, so I'm telling you guys that bitcoin is not highest option for investment but many of you rise against my statement, diversify your source of income not only in bitcoin and don't take bitcoin investment as the key investment because its a virtual currency despite that its a decentralized currency
Op are you trying to justify your lack of understanding? Op you are promoting a company in the bitcoin discussion forum, and almost all the comments said, bitcoin is the highest cryptocurrency to invest and you are still disputing the fact without evidences. The only thing you would have said was people should not depend only on bitcoin investment, they should have something doing to support their investment and not the other way round. Even @Richycryp comment is also confusing me and if there are errors I will want him to edit and be like the op.


Title: Re: Is bitcoin best option to invest
Post by: lizarder on August 11, 2023, 06:20:01 PM
We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.
There are many investment methods that can be run by someone and it is not limited to investment in Crypto, the more investment places we live, the greater the chance to generate profits. But talking about investment methods in many places will force us to focus on undergoing many things and this is where the difficulty is when someone is unable to run properly. People see the potential in Bitcoin today and most of them try to invest in the long run and I agree with you in one thing in spreading income and not only limited to Bitcoin.

Sometimes running a business that has a physical will be far more real, but it is no different from people who run an online business in accordance with the times. Getting the benefits of Bitcoin can develop other businesses in the real world and someone must be able to take advantage of the slightest opportunity and if bitcoin can bring someone to achieve it all, why not?


Title: Re: Is bitcoin best option to invest
Post by: bayu7adi on August 11, 2023, 07:36:08 PM
Absolutely, no doubt about it. As of now, Bitcoin still carries substantial potential to yield profits for investors. Emerging as an alternative payment concept in lieu of traditional FIAT, Bitcoin's youthful age marks the inception of a long and promising journey. For those well-acquainted with Bitcoin, there appears to be a sustained inclination to divert its gains from the digital realm to meet physical business exigencies. This serves the purpose of asset safeguarding, particularly in the event of a crash affecting a singular money source.

My investment approach towards Bitcoin resembles that of stock acquisition. It involves consistent accumulation on a monthly basis, with a targeted horizon of 1 to 2 years from the present, earmarked for significant endeavors.


Title: Re: Is bitcoin best option to invest
Post by: Aanuoluwatofunmi on August 11, 2023, 08:27:41 PM
Yes you are correct because so many people is always asking for advice on how to go on with investing in bitcoin.
You can really depend on bitcoin because the market is no man land, anything can happen at anytime.

When it comes to cryptocurrency investment, bitcoin is the only first recommendation one could receive because it's reliable for an investment, if we look into how fast are the other cryptocurrencies increasing, many of them will only exist for a short period then turn to scam leaving investors in the dark and vulnerable of loosing their assets with them, bitcoin is a digital currency, a acceptable one and a means of store of value people choose to invest in and make profits, this has always been same positive experience over the years since bitcoin was introduced.


Title: Re: Is bitcoin best option to invest
Post by: darkangel11 on August 11, 2023, 08:42:03 PM
It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.
A physical business suffers from all the physical problems. You need suppliers, you need to work to produce something, you need demand... You can be targeted by people who want to rob you, extort you, people who will give you fake reviews, people who will try to buy you out, or scare you... You have to face all the problems of running a business every day, and that includes handling returns and complaints, dealing with people, representing the business well, advertising, printing bills, having an accountant or doing books yourself...

Investing in bitcoin in many aspects is much better than running a business, especially if you already own one business. 


Title: Re: Is bitcoin best option to invest
Post by: Mr.suevie on August 11, 2023, 08:51:20 PM
Yes you are correct because so many people is always asking for advice on how to go on with investing in bitcoin.
You can really depend on bitcoin because the market is no man land, anything can happen at anytime.

When it comes to cryptocurrency investment, bitcoin is the only first recommendation one could receive because it's reliable for an investment, if we look into how fast are the other cryptocurrencies increasing, many of them will only exist for a short period then turn to scam leaving investors in the dark and vulnerable of loosing their assets with them, bitcoin is a digital currency, a acceptable one and a means of store of value people choose to invest in and make profits, this has always been same positive experience over the years since bitcoin was introduced.
I totally agree with you, a good material or substance does not need much for it distribution and rapid growth and this certainly been the case with Bitcoin, over the years Bitcoin has so much proven that it's not just any crypto assets that put investor in the great abyss filling them with frustration and confusion. Same fate has occurred with so many altcoins and that's why investor and crypto enthusiast tend to always pick and regard Bitcoin as NUMBER 1.


Title: Re: Is bitcoin best option to invest
Post by: serjent05 on August 11, 2023, 09:34:42 PM
It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.
A physical business suffers from all the physical problems. You need suppliers, you need to work to produce something, you need demand... You can be targeted by people who want to rob you, extort you, people who will give you fake reviews, people who will try to buy you out, or scare you... You have to face all the problems of running a business every day, and that includes handling returns and complaints, dealing with people, representing the business well, advertising, printing bills, having an accountant or doing books yourself...

Investing in bitcoin in many aspects is much better than running a business, especially if you already own one business. 

In investment, there are all the challenges and factors that will affect our investment ventures.  Whether it is tangible or intangible both entities experience challenges.  Investing in Bitcoin if we are not in trading will only give us profit for a long time since we need to time the market for the right time to buy and sell.  While investing in Business if established correctly can give us a continuous source of income.  So we can compare their pros and cons but I will say that diversifying by having one of each is a better approach in maximizing the possibility of highest return.


Title: Re: Is bitcoin best option to invest
Post by: Ziskinberg on August 11, 2023, 09:38:22 PM

Investing in bitcoin in many aspects is much better than running a business, especially if you already own one business. 
I don't totally agree with this one and maybe because I have a passion for running the business rather than just holding Bitcoin. Of course, I have to accept that Bitcoin is profitable but because of uncontrolled price movement, there is no certainty to make a target profit every month or even every day, unlike business where you can really achieve it if you are working hard and have an effective strategy. But because we are talking about crypto investment, nothing could beat Bitcoin as it was the most trusted coin in the crypto space.


Title: Re: Is bitcoin best option to invest
Post by: JoyMarsha on August 11, 2023, 11:14:49 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.
People invest in things that will profit them in the future. And for such (future) goals, bitcoin has proven to be among the finest investments to make. Bitcoin is not the highest place to invest your money, as you put it, but only someone who doesn't know what the future holds for buying it as a long-term investment will reason that way. Anyway, everyone has the freedom to invest their money anyway they see fit. Consider yourself satisfied if you believe that Bitcoin is not the highest and finest investment ever.

As for me, the best investment one can make that they can feel secure about is bitcoin. If he can store his seed phrase somewhere secure.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.
That is the key justification for properly educating everybody you bring to the realm of bitcoin investment. They should be aware that investing in bitcoin successfully needs time, patience, and spare cash.


Title: Re: Is bitcoin best option to invest
Post by: KingsDen on August 11, 2023, 11:39:17 PM
Many people misunderstood Op but I think I got what he meant. To start;
Op, didn't mean that there's another coin better than BTC;
What he meant is that apart from bitcoin investment, there are other types of investment like import and export, Real Estate etc;
Op, the choice of bitcoin doesn't mean there are no other investment options.
To me, bitcoin investment is the most convenient.
I can't imagine the process to register as an importer and clear your goods at the bother.
I do not say bitcoin should be your only option, you are free to diversify.
But don't undermine the power of bitcoin, not everyone has the strength to manage physical businesses.


Title: Re: Is bitcoin best option to invest
Post by: Vaskiy on August 11, 2023, 11:57:00 PM

Investing in bitcoin in many aspects is much better than running a business, especially if you already own one business. 
I don't totally agree with this one and maybe because I have a passion for running the business rather than just holding Bitcoin. Of course, I have to accept that Bitcoin is profitable but because of uncontrolled price movement, there is no certainty to make a target profit every month or even every day, unlike business where you can really achieve it if you are working hard and have an effective strategy. But because we are talking about crypto investment, nothing could beat Bitcoin as it was the most trusted coin in the crypto space.
There are people who relay completely on bitcoin. However it is always good to have it as an additional source at the beginning days and then prioritise as a major source of earning. Not everyone is able to overcome the risk with the crypto market which is the reason. When one completely relies on it, a major downfall would cause them to loss everything and the same could be life destructive.


Title: Re: Is bitcoin best option to invest
Post by: Asuspawer09 on August 11, 2023, 11:58:53 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.



Your post is a little confusing, I mean compared to other investments like the stock market, or other alternative altcoins out there for sure Bitcoin is going to be the best investment that you could do just because it is the most guaranteed cryptocurrency that could easily give you profit. For me its kinda normal for them to see Bitcoin as the highest investing plan, and it's actually possible to earn millions on cryptocurrency if you're going to think about it, but even though it is possible it doesn't mean it's going to happen, Also it would depend on your investment if you invest a small amount for sure you're just going to earn a small amount as well. The higher you invest the higher the profit as well.

If you're going to invest in Bitcoin for sure just don't do it if you still don't have something that is going to sustain your needs, it's going to be a thing for sure because Bitcoin is a risky investment, you don't really want to sell your Bitcoin just because you needed money that could just end up losing your investment or selling to a lose. If you're going to invest you need it to HODL in order to make a profit and it would going to work if you don't have some kind of savings.

It is for sure going to be great if you have multiple income streams instead of just relying on Bitcoin investments. I've listened to some podcasts and it says that if you really want to get to something like a million early what you're going to do is invest in getting multiple income streams because if you only have 1 source of income it is going to be difficult to reach a million and it's going to be risky since if you lose that source of income you don't have anything that could sustain you.


Title: Re: Is bitcoin best option to invest
Post by: Ale88 on August 12, 2023, 01:43:29 AM
You have not read some articles of bitcoin, even a good cryptocurrency investor will tell you that bitcoin investment should be your side hustle, without being in signature campaign which investment do you have in bitcoin, investigate properly before making a conclusion, we need to make our investment to not be directed in one circle, at least recircle or extend our investment to another investment, why everyone is investing in bitcoin is because it's a decentralized currency and upon that I did not condemn bitcoin investment, I only said it will be good to invest in other side of investment and make bitcoin our side hustle
You are not saying anything new: one of the first advices in the investment world is diversification, never put all your eggs in one basket. It would be wrong with bitcoin (or any other cryptocurrency) just like it would be wrong with stock market or real estate because if for any reason one of those sectors would go down that means you would be losing a ton of money. But if 5-10 years ago it would have been wise to invest just a very small size of your portfolio in bitcoin, nowadays I think there is nothing wrong investing even 20-30%.


Title: Re: Is bitcoin best option to invest
Post by: Blitzboy on August 12, 2023, 10:35:20 AM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.



Your post is a little confusing, I mean compared to other investments like the stock market, or other alternative altcoins out there for sure Bitcoin is going to be the best investment that you could do just because it is the most guaranteed cryptocurrency that could easily give you profit. For me its kinda normal for them to see Bitcoin as the highest investing plan, and it's actually possible to earn millions on cryptocurrency if you're going to think about it, but even though it is possible it doesn't mean it's going to happen, Also it would depend on your investment if you invest a small amount for sure you're just going to earn a small amount as well. The higher you invest the higher the profit as well.

If you're going to invest in Bitcoin for sure just don't do it if you still don't have something that is going to sustain your needs, it's going to be a thing for sure because Bitcoin is a risky investment, you don't really want to sell your Bitcoin just because you needed money that could just end up losing your investment or selling to a lose. If you're going to invest you need it to HODL in order to make a profit and it would going to work if you don't have some kind of savings.

It is for sure going to be great if you have multiple income streams instead of just relying on Bitcoin investments. I've listened to some podcasts and it says that if you really want to get to something like a million early what you're going to do is invest in getting multiple income streams because if you only have 1 source of income it is going to be difficult to reach a million and it's going to be risky since if you lose that source of income you don't have anything that could sustain you.
That Bitcoin is the "most guaranteed" item is untrue. Even with Bitcoin, there is no guarantee on an investment. Therefore, just because something has performed well in the past does not guarantee that it will continue to do so. Those who believe they can just invest a large sum of money in Bitcoin and guarantee a big return may be in for a harsh shock.

Bitcoin, for all its splendor, could not work. Keep in mind that everything has an end, even enormous giants. Bitcoin is not here to stay. Despite the fact that we all adore Bitcoin, it would be irresponsible to not have a fallback strategy in case it disappears. It would be foolish to invest all of your money in it or any other single buy.

That being said, not everyone can succeed with HODLing. Some individuals require money. Furthermore, it is self-evident to state that someone must have "savings" before they can spend.


Title: Re: Is bitcoin best option to invest
Post by: KiaKia on August 12, 2023, 01:04:16 PM
Bitcoin is the only digital.currency that's close to guaranteed out of all other cryptocurrencies that existed, it's still a volatile asset and it has it's ups and downs that's why I said almost guaranteed, it's safer than others but it's not stable coin which means that loss are still possible investing in Bitcoin.

To make life-changing money out of Bitcoin now you will need to DCA into Bitcoin for a long period or invest a lot of money into Bitcoin, that's because the value isn't the same as it was in 2012.

This is why I believe that Bitcoin investment is not for everybody, Some responsibilities are at stake for some people and they won't be able to afford a Sat of Bitcoin, some won't be able to complete their HODL dreams, and they will get tired along the way because they are of needs.


Title: Re: Is bitcoin best option to invest
Post by: Texac on August 12, 2023, 01:20:04 PM


This is why I believe that Bitcoin investment is not for everybody, Some responsibilities are at stake for some people and they won't be able to afford a Sat of Bitcoin, some won't be able to complete their HODL dreams, and they will get tired along the way because they are of needs.

It is true that not everyone is economically qualified to invest in bitcoin but if I compare bitcoin investment with other investments, I find bitcoin investment much easier.  I mean, you can invest in bitcoin any amount you have, even 10$ or 20$, although the profit will be negligible.  but it's better than other investments, and there's nothing you can do with that money when you think about gold or real estate.  bitcoin is for everyone, but not everyone accepts it, it depends on each person's ability, bitcoin does not reject anyone.


Title: Re: Is bitcoin best option to invest
Post by: Hypnosis00 on August 12, 2023, 02:12:45 PM


This is why I believe that Bitcoin investment is not for everybody, Some responsibilities are at stake for some people and they won't be able to afford a Sat of Bitcoin, some won't be able to complete their HODL dreams, and they will get tired along the way because they are of needs.

It is true that not everyone is economically qualified to invest in bitcoin but if I compare bitcoin investment with other investments, I find bitcoin investment much easier.  I mean, you can invest in bitcoin any amount you have, even 10$ or 20$, although the profit will be negligible.  but it's better than other investments, and there's nothing you can do with that money when you think about gold or real estate.  bitcoin is for everyone, but not everyone accepts it, it depends on each person's ability, bitcoin does not reject anyone.
Yes, we usually thought that was too easy but if you don't have good knowledge about Bitcoin and how to manage your wallet, you will be surprised that your funds are already gone. That is why I don't agree that Bitcoin is for everyone but rather say that we all have the opportunity, yet it is only our choice or desire to do it as it was not a good idea to force someone when they are not capable enough as in the end, they only regret it.
So I say, those who can afford to take risks can try Bitcoin but if not, better to forget it and look for an investment that we think can do it.


Title: Re: Is bitcoin best option to invest
Post by: mvdheuvel1983 on August 12, 2023, 02:25:47 PM
Bitcoin is still the best option to invest in 2023. Literally any one can get it with as little as $1 and then grow upwards with the right strategy. Business and real estate requires that I have xxxx amount of money. The speed as which people, I mean the younger generation have escaped the rat race and most of them have become digital nomads is because of bitcoin. Yes, bitcoin in quote offers you the gifts of early retirement and financial freedom for forever.

I don't see real estate or Business doing that. You have to grind in businesses especially as a sole owner, 24 hours a day for years before you start to reap the benefits. Building a business would mess up your work-life balance and it has to if not, you are going to declare bankruptcy and shut down. I reiterate, bitcoin is the best option to invest in 2023.


Title: Re: Is bitcoin best option to invest
Post by: Litzki1990 on August 12, 2023, 02:34:36 PM
Bitcoin is always the best digital currency to invest. Although Bitcoin is one of the best currencies to invest in, there are many other currencies in the market that have the potential to be successful, so instead of investing in just one coin, you should invest in different coins because if any of the coins you invest in changes too much, that  Investing can change your destiny. Just as we keep our money in multiple pockets rather than just one pocket to protect our money from pickpockets, we must invest in multiple coins to be profitable. One should build one's portfolio by investing relatively more in Bitcoin and relatively less in other coins.


Title: Re: Is bitcoin best option to invest
Post by: flyingcarpet on August 12, 2023, 03:10:54 PM
Bitcoin is always the best digital currency to invest. Although Bitcoin is one of the best currencies to invest in, there are many other currencies in the market that have the potential to be successful, so instead of investing in just one coin, you should invest in different coins because if any of the coins you invest in changes too much, that  Investing can change your destiny. Just as we keep our money in multiple pockets rather than just one pocket to protect our money from pickpockets, we must invest in multiple coins to be profitable. One should build one's portfolio by investing relatively more in Bitcoin and relatively less in other coins.

I hesitate to invest in any altcoin before seeing the bull run yet. I invest in bitcoin because I trust bitcoin more than any other currency. I will also invest in altcoins but I want to see the bull run come first. Many altcoins will not reach the expected level, so I do not want to take risks.

While investing, we should invest in many coins and make baskets, but for now, I stay away from altcoins as I do not know which direction the price of any altcoin will go. If an altcoin exceeds a certain level then I am considering buying it. The situation is different for Bitcoin, it can always be bought.


Title: Re: Is bitcoin best option to invest
Post by: lizarder on August 12, 2023, 04:07:15 PM
Bitcoin is still the best option to invest in 2023. Literally any one can get it with as little as $1 and then grow upwards with the right strategy. Business and real estate requires that I have xxxx amount of money. The speed as which people, I mean the younger generation have escaped the rat race and most of them have become digital nomads is because of bitcoin. Yes, bitcoin in quote offers you the gifts of early retirement and financial freedom for forever.
That is also something of the added value that bitcoin offers and although we are trying to buy with a slightly smaller amount of capital, compared to businesses and real estate which require a fair amount of capital to get involved. I mean it's not about making quick profits, but rather the approach in bitcoin can be accumulated with any amount of capital we have. This is what gave the younger generation the opportunity to try to capitalize on it and bitcoin will forever be a retirement gift in more independent financial freedom.

I don't see real estate or Business doing that. You have to grind in businesses especially as a sole owner, 24 hours a day for years before you start to reap the benefits. Building a business would mess up your work-life balance and it has to if not, you are going to declare bankruptcy and shut down. I reiterate, bitcoin is the best option to invest in 2023.
Building a business requires a long process that must be carried out by actors and no successful businessman generates quick profits in the short term by relying on little capital. It's the other way around with real estate which offers huge capital to get involved and there are many other things that many people may not be able to reach. The point is quite true that bitcoin is the best solution for now and we don't want to give any guarantees for the long term about bitcoin because people understand that very well.


Title: Re: Is bitcoin best option to invest
Post by: Lorence.xD on August 12, 2023, 04:07:32 PM


This is why I believe that Bitcoin investment is not for everybody, Some responsibilities are at stake for some people and they won't be able to afford a Sat of Bitcoin, some won't be able to complete their HODL dreams, and they will get tired along the way because they are of needs.

It is true that not everyone is economically qualified to invest in bitcoin but if I compare bitcoin investment with other investments, I find bitcoin investment much easier.  I mean, you can invest in bitcoin any amount you have, even 10$ or 20$, although the profit will be negligible.  but it's better than other investments, and there's nothing you can do with that money when you think about gold or real estate.  bitcoin is for everyone, but not everyone accepts it, it depends on each person's ability, bitcoin does not reject anyone.
Yes, we usually thought that was too easy but if you don't have good knowledge about Bitcoin and how to manage your wallet, you will be surprised that your funds are already gone. That is why I don't agree that Bitcoin is for everyone but rather say that we all have the opportunity, yet it is only our choice or desire to do it as it was not a good idea to force someone when they are not capable enough as in the end, they only regret it.
So I say, those who can afford to take risks can try Bitcoin but if not, better to forget it and look for an investment that we think can do it.

Despite the convenience investment Bitcoin could give to anyone due to its decentralized system, if you lack the knowledge of course you will also lack the chance to profit. Bitcoin is actually a good investment if you know what you are doing, but if you think that this investment doesn't suit you which is the crypto currency, there's a lot of alternative investment. Because some peopel despite the knowledge they have but if they don't have the motivation to study and analyze thing because that doesn't suit their skills and thinking then it's okay to find another investment than Bitcoin. If you want you could start with some small business or buy some real state that you can open for rental like air bnb.


Title: Re: Is bitcoin best option to invest
Post by: Inwestour on August 12, 2023, 04:27:51 PM

Yes, we usually thought that was too easy but if you don't have good knowledge about Bitcoin and how to manage your wallet, you will be surprised that your funds are already gone. That is why I don't agree that Bitcoin is for everyone but rather say that we all have the opportunity, yet it is only our choice or desire to do it as it was not a good idea to force someone when they are not capable enough as in the end, they only regret it.
So I say, those who can afford to take risks can try Bitcoin but if not, better to forget it and look for an investment that we think can do it.
Many traditional investors, who already own a lot of capital do not consider bitcoin for investment, because they consider it too risky an asset. And I agree that the more your capital, the more it is worth worrying about its safety, the more our capital, the more it can bring profit even with small annual interest.

Bitcoin is suitable for those who are willing to take risks in order to be able to quickly increase their capital. Yes, there are always risks, and perhaps the most reliable investments with the lowest interest rates are also subject to certain risks, but they are not so high. This is the choice of everyone, in the end the winners are not judged, then there will be those who will say that those who bought bitcoin were just lucky.


Title: Re: Is bitcoin best option to invest
Post by: karabiber on August 12, 2023, 04:29:18 PM

Investing in bitcoin in many aspects is much better than running a business, especially if you already own one business. 
I don't totally agree with this one and maybe because I have a passion for running the business rather than just holding Bitcoin. Of course, I have to accept that Bitcoin is profitable but because of uncontrolled price movement, there is no certainty to make a target profit every month or even every day, unlike business where you can really achieve it if you are working hard and have an effective strategy. But because we are talking about crypto investment, nothing could beat Bitcoin as it was the most trusted coin in the crypto space.

Only 21 Million Bitcoins will be created. What does this mean for you? Think of it this way, as Bitcoin becomes more popular, more people will want to own it. This means increased demand. As there are no more Bitcoins to be created, the demand for each Bitcoin will increase. This will cause the price to rise and the price of Bitcoin to reach an unreachable level. It may take many years for all of this to happen. Investing your money in different commercial instruments instead of Bitcoin in this time may provide you with income in a short time but when you think long term, even the smallest investment in Bitcoin will return much more in the future.

It is also very easy and fast to invest in Bitcoin. You can buy or sell BTC at any time. You do not need to sign an agreement, you can do everything yourself. I can give dozens of reasons to prefer Bitcoin over traditional banking systems. Some of these can make international transactions much cheaper and faster. You don't have to follow the stupid rules of banks. People send money to each other more easily, you control your money, not the bank. You can perform your transactions anonymously. All of this is a valid reason to invest in Bitcoin. Bitcoin promises you freedom.


Title: Re: Is bitcoin best option to invest
Post by: Mr. Magkaisa on August 12, 2023, 04:44:37 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.



       -     You know that all of us here in the forum have different thoughts and understanding of Bitcoin, there may be similarities but not in the end. We can't blame others because if that's how they know and trust Bitcoin and no matter how deep this trust is, that for sure can't be changed. Now ifyou want to change their mentality on Bitcoin, I don't think you need to do that.

Because, the trust they have in Bitcoin as a good investment for them based on their knowledge, you can't deny that. Because if we are talking about reality, the value of Bitcoin does not really decrease with each passage of time. That's the truth there.



Title: Re: Is bitcoin best option to invest
Post by: KingsDen on August 12, 2023, 09:04:15 PM
You have not read some articles of bitcoin, even a good cryptocurrency investor will tell you that bitcoin investment should be your side hustle, without being in signature campaign which investment do you have in bitcoin, investigate properly before making a conclusion, we need to make our investment to not be directed in one circle, at least recircle or extend our investment to another investment, why everyone is investing in bitcoin is because it's a decentralized currency and upon that I did not condemn bitcoin investment, I only said it will be good to invest in other side of investment and make bitcoin our side hustle
You are not saying anything new: one of the first advices in the investment world is diversification, never put all your eggs in one basket. It would be wrong with bitcoin (or any other cryptocurrency) just like it would be wrong with stock market or real estate because if for any reason one of those sectors would go down that means you would be losing a ton of money. But if 5-10 years ago it would have been wise to invest just a very small size of your portfolio in bitcoin, nowadays I think there is nothing wrong investing even 20-30%.
Both of you are saying almost the same thing, but the second person is more elaborate on this topic. While I understand the plight of the creator of this topic about diversification. He is saying this based on the volatility of Bitcoin and for the fact that nothing is sure not to fail.

If one happens to invest all they have in Bitcoin and eventually bitcoin fails, it will be so disastrous for the person.
But then, according to the second speaker, at this stage of the Bitcoin, we are sure that bitcoin is not feeling any moment. Therefore it is nice to invest appreciable percentage of your portfolio in Bitcoin, and it is also encouraging to diversify according to the OP.


Title: Re: Is bitcoin best option to invest
Post by: qwertyup23 on August 12, 2023, 09:51:29 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

I think you are gravely mistaken- investing in BTC for either short/long-term can yield excellent results given that you know what you are doing.

Again. let me just reiterate- investment is an activity where you have extra resources to be allocated in this venture for long-term results. The reason on why people invest in the first place is for their extra money to grow instead of just sitting at their safe doing nothing.

As this may be the case, investment is "an another activity" in conjunction with your main source of income. Sure, there may be people who have multiple investment instruments running that can support their livelihood but you must not use this solely as your main source of income.


Title: Re: Is bitcoin best option to invest
Post by: Weawant on August 12, 2023, 11:32:47 PM
It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically

The best investment are no longer physical investment and an example is Bitcoin investment, we also have forex, stock market, bond, shares and the list can go on. Don't limit your investment to physical business because they have their limitations and disadvantages too.

Digital investment is the new type of investment and billionaire are been produce from this means of investment that will take your physical investment years to get to their level of wealth. When. You make money from bitcoin, you can sell and wait for the market to dip to buy.

Bitcoin is a future investment so you shouldn't be bothered about the short  profits. Keep accumulating bitcoin and in the future instead of joining other's to regret not investing in Bitcoin or selling their Bitcoin for physical business, you'll relaxing because you trust Bitcoin.


Title: Re: Is bitcoin best option to invest
Post by: Iranus on August 13, 2023, 02:18:39 AM
Bitcoin is still the best option to invest in 2023. Literally any one can get it with as little as $1 and then grow upwards with the right strategy. Business and real estate requires that I have xxxx amount of money. The speed as which people, I mean the younger generation have escaped the rat race and most of them have become digital nomads is because of bitcoin. Yes, bitcoin in quote offers you the gifts of early retirement and financial freedom for forever.

I don't see real estate or Business doing that. You have to grind in businesses especially as a sole owner, 24 hours a day for years before you start to reap the benefits. Building a business would mess up your work-life balance and it has to if not, you are going to declare bankruptcy and shut down. I reiterate, bitcoin is the best option to invest in 2023.

Bitcoin is the best choice because we don't have enough money to invest in real estate or open a business, that's why most of us choose bitcoin.
I disagree when you say that if you invest in bitcoin you will get early retirement and financial freedom forever, while trading will lead to losses and bankruptcy. Don't forget that today's rich are all rich in business and real estate, they don't even own bitcoins. Moreover, investing in bitcoin also has its risks, you can lose or win, just like in business can be profitable or bankrupt. In short, bitcoin is the best choice for people with small capital but willing to take risks in search of big successes.


Title: Re: Is bitcoin best option to invest
Post by: Smartgoat on August 13, 2023, 04:59:03 AM
Bitcoin remeans my number one choice for investment, as a beginner with a low capital for investment.  I will advice my children to look into Bitcoin investment first before other business like real sate, and business. dependency of Bitcoin makes me love Bitcoin more, is not that I can not go into another business. but as a person with a low capital,  I will advice  for them to go into Bitcoin investment first because of Bitcoin is reliable. as for my children, they will still invest in other business. but it must be Bitcoin first before others.


Title: Re: Is bitcoin best option to invest
Post by: usekevin on August 13, 2023, 05:16:19 AM
Bitcoin is still the best option to invest in 2023. Literally any one can get it with as little as $1 and then grow upwards with the right strategy. Business and real estate requires that I have xxxx amount of money. The speed as which people, I mean the younger generation have escaped the rat race and most of them have become digital nomads is because of bitcoin. Yes, bitcoin in quote offers you the gifts of early retirement and financial freedom for forever.

I don't see real estate or Business doing that. You have to grind in businesses especially as a sole owner, 24 hours a day for years before you start to reap the benefits. Building a business would mess up your work-life balance and it has to if not, you are going to declare bankruptcy and shut down. I reiterate, bitcoin is the best option to invest in 2023.

Bitcoin is still the best option to inverse your money this year also.The bear market was in process from the 30k mark,still the market will react in the positive way.Bitcoin had enable us to get financial freedom from the society.Mostly we are financial dependent by the regular jobs,but we being the bitcoin user we get more benefit from the bitcoin.Because many of my friends get settle in their life using the bitcoin and some trusted altcoin investments.Many business depends on the cryptocurrency had their massive growth now a days.


Title: Re: Is bitcoin best option to invest
Post by: Silberman on August 13, 2023, 07:34:24 AM
Bitcoin is still the best option to invest in 2023. Literally any one can get it with as little as $1 and then grow upwards with the right strategy. Business and real estate requires that I have xxxx amount of money. The speed as which people, I mean the younger generation have escaped the rat race and most of them have become digital nomads is because of bitcoin. Yes, bitcoin in quote offers you the gifts of early retirement and financial freedom for forever.

I don't see real estate or Business doing that. You have to grind in businesses especially as a sole owner, 24 hours a day for years before you start to reap the benefits. Building a business would mess up your work-life balance and it has to if not, you are going to declare bankruptcy and shut down. I reiterate, bitcoin is the best option to invest in 2023.

Bitcoin is the best choice because we don't have enough money to invest in real estate or open a business, that's why most of us choose bitcoin.
I disagree when you say that if you invest in bitcoin you will get early retirement and financial freedom forever, while trading will lead to losses and bankruptcy. Don't forget that today's rich are all rich in business and real estate, they don't even own bitcoins. Moreover, investing in bitcoin also has its risks, you can lose or win, just like in business can be profitable or bankrupt. In short, bitcoin is the best choice for people with small capital but willing to take risks in search of big successes.
Even for someone with a large sum of money bitcoin can be a great investment, after all even if the upcoming bull run is more mild than the ones we have seen during the previous halvings, it is still bound to produce way more profits than what you can get in many other markets, so with this information it is not difficult to imagine that investors with a lot of money in hand may decide to invest in bitcoin and obtain the same results in a few years which could be obtained in other markets in decades.


Title: Re: Is bitcoin best option to invest
Post by: Mauser on August 13, 2023, 07:52:39 AM
It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.




Running your own business sounds like a great deal, being your own boss and keep all the money you earn for yourself is the goal of many people. But we should not think that a business owner is always going to succeed and become rich. A lot of businesses fail and the working hours of business owners is usually much higher. I don't think there is anything wrong in being an employee and use your monthly income to build an investment portfolio on the side. For such people like me taking out all the profits out of Bitcoin might not be the best idea, because I don't really have so many alternatives to invest in.


Title: Re: Is bitcoin best option to invest
Post by: summonerrk on August 13, 2023, 08:02:31 AM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.



The fact is that the value of investing in bitcoin depends on what time it is for finance, I mean what the situation is in the global economy.
Unfortunately, bitcoin failed as a "Shelter" currency in which to invest in bad times. If there is some kind of tension in the global financial market, then investors first of all withdraw money from the crypt to fiat. But Gold is an excellent "Shelter" investment, and it has been so at all times.

In general, the situation in the world is just bad now, and bitcoin is frozen in anticipation, and at this time Gold is hitting the highs of its price values.


Title: Re: Is bitcoin best option to invest
Post by: Inwestour on August 13, 2023, 09:05:33 AM
Running your own business sounds like a great deal, being your own boss and keep all the money you earn for yourself is the goal of many people. But we should not think that a business owner is always going to succeed and become rich. A lot of businesses fail and the working hours of business owners is usually much higher. I don't think there is anything wrong in being an employee and use your monthly income to build an investment portfolio on the side. For such people like me taking out all the profits out of Bitcoin might not be the best idea, because I don't really have so many alternatives to invest in.
The bottom line is that not everyone can become a business owner, it's not as easy as it might seem. Even though there is more to work and deal with taxes and many others, there are still many who want to be a boss and not a worker, but the truth is that only some people are ready for this, everyone else will choose to be an employee and not think about all the difficulties of running a business, even though they will earn less.

They will work 8 hours a day and then they will go about their business, relax or spend time with their families, and the owner will sit at work, or even if he is not at the office, he will still think about his business, such is the price for the opportunity to receive more earnings.


Title: Re: Is bitcoin best option to invest
Post by: Blitzboy on August 13, 2023, 10:27:03 AM
Running your own business sounds like a great deal, being your own boss and keep all the money you earn for yourself is the goal of many people. But we should not think that a business owner is always going to succeed and become rich. A lot of businesses fail and the working hours of business owners is usually much higher. I don't think there is anything wrong in being an employee and use your monthly income to build an investment portfolio on the side. For such people like me taking out all the profits out of Bitcoin might not be the best idea, because I don't really have so many alternatives to invest in.
The bottom line is that not everyone can become a business owner, it's not as easy as it might seem. Even though there is more to work and deal with taxes and many others, there are still many who want to be a boss and not a worker, but the truth is that only some people are ready for this, everyone else will choose to be an employee and not think about all the difficulties of running a business, even though they will earn less.

They will work 8 hours a day and then they will go about their business, relax or spend time with their families, and the owner will sit at work, or even if he is not at the office, he will still think about his business, such is the price for the opportunity to receive more earnings.
So, the "poor" business owner has to think more about their venture? Cry me a river. Everyone makes choices, and those who choose business ownership recognize the pitfalls. But lets not act like every employee lives in some fairy-tale world of 8-hour workdays and blissful evenings. Some are constantly on-call, working unpaid overtime, while their bosses take lavish vacations on their hard work. Maybe the line isnt as clear as you'd like to think. Business ownership might not be for everyone, but neither is the illusion of a stress-free employee life


Title: Re: Is bitcoin best option to invest
Post by: tjtonmoy on August 13, 2023, 10:45:41 AM
Every investment has risks involved in them. Not a single investment is risk-free. Yes, Bitcoin is a virtual thing that you can not see or held physically. But this is what makes Bitcoin the perfect solution. Bitcoin is decentralized, meaning no one can have any control over your assets. You are the only one who can access it if you manage to keep it that way. Robbery or theft has no impact on Bitcoin as people can't take it away from you. It keeps your privacy safe. Bitcoin's volatile nature can give you success in short-term investment too if you are capable enough. If not, then buy and HODL. After a certain amount of time, you will make a great profit. 4 years cycle for Bitcoin halving is a great way to push the price of it from which you can get a good amount of profit. Not to mention, Bitcoin is inflation free. There are other advantages that come with Bitcoin. But let's not talk about them here.

Now, the question is - what is your choice? There are many people who are successful in doing Bitcoin investments. The key is patience and the will to hodl. If you think of it as a side hustle, then it is a side hustle for you. Bitcoin is a thing that whatever you want it to be, it has the capability to become that.
It was originally created as an online peer-to-peer transaction currency. But while having a volatile nature, it has become an investment asset for people.

You can do whatever investment you think is good for you. Your life, your choice. But Bitcoin gives us freedom and way more benefits than other investments.


Title: Re: Is bitcoin best option to invest
Post by: Ale88 on August 13, 2023, 02:56:52 PM
It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.
Running your own business sounds like a great deal, being your own boss and keep all the money you earn for yourself is the goal of many people. But we should not think that a business owner is always going to succeed and become rich. A lot of businesses fail and the working hours of business owners is usually much higher. I don't think there is anything wrong in being an employee and use your monthly income to build an investment portfolio on the side. For such people like me taking out all the profits out of Bitcoin might not be the best idea, because I don't really have so many alternatives to invest in.
At the end it all depends on your priorities and having a good work-life balance. If as employee you can make, let's say, 7, working your 8 hours per day, 5 days per weeks, would you want to change it for you boss' salary, let's say 10, but then you need to work 10+ hours per day, 6 days a week? I'm not sure I would accept, because it's better keeping your employee job, money is important but if you are the boss that also means more responsibility which is equal to more dedication, more time, and more stress.


Title: Re: Is bitcoin best option to invest
Post by: MFahad on August 13, 2023, 07:23:08 PM
Those who think bitcoin as a job Always prefer the selling of everything and invest it in bitcoin but those who understand the fact and involve in bitcoin for only getting profit with income from another source too will never sell anything but they will save some amount to be put in bitcoin which is a good idea.

We should not depend fully on bitcoin because if we do it then at the time of lowering price we will not be able to eat well food at least. Physical business is more suitable because it is under the control of humans but crypto is neither control by human nor by any operating machine.


Title: Re: Is bitcoin best option to invest
Post by: AmoreJaz on August 13, 2023, 11:55:46 PM
Those who think bitcoin as a job Always prefer the selling of everything and invest it in bitcoin but those who understand the fact and involve in bitcoin for only getting profit with income from another source too will never sell anything but they will save some amount to be put in bitcoin which is a good idea.

We should not depend fully on bitcoin because if we do it then at the time of lowering price we will not be able to eat well food at least. Physical business is more suitable because it is under the control of humans but crypto is neither control by human nor by any operating machine.

this depends on the financial capability of the person. he can wait long-term for the hope of profiting from this coin or sell it once it is higher than his buying price. either way, you should know when to sell so you won't get rekt with this investment.
if you have the means, better allocate some of your funds to tangible assets like jewelry or real-estate. this will be your fallback if anything fails from your crypto or digital investments.


Title: Re: Is bitcoin best option to invest
Post by: Afnan_faizah on August 14, 2023, 12:44:46 AM
It is just my opinion but I think there are many lazy people who invest in bitcoin but wants instant profit. I think bitcoin is not like a shortcut to become rich. people who get biggest benefit or profit are the early adopters it means they wait for long time until they can earn huge profit. Is bitcoin one of best investment? I think yes. is it gives instant profit? I think no.


Title: Re: Is bitcoin best option to invest
Post by: fuguebtc on August 14, 2023, 03:19:15 AM
Those who think bitcoin as a job Always prefer the selling of everything and invest it in bitcoin but those who understand the fact and involve in bitcoin for only getting profit with income from another source too will never sell anything but they will save some amount to be put in bitcoin which is a good idea.

We should not depend fully on bitcoin because if we do it then at the time of lowering price we will not be able to eat well food at least. Physical business is more suitable because it is under the control of humans but crypto is neither control by human nor by any operating machine.

Bitcoin is indeed a good if not the best investment today because of the huge returns it can generate. But it is not a job, or can bring us daily income to cover our lives. So, it would be foolish to let our lives completely depend on bitcoin and think that it can help us have a comfortable life without having to work much. Bitcoin should only be considered as a long-term investment for the future and we need to find other sources of income to sustain our daily lives. A job with a stable income is always a top priority.


Title: Re: Is bitcoin best option to invest
Post by: lizarder on August 14, 2023, 08:37:34 AM
It is just my opinion but I think there are many lazy people who invest in bitcoin but wants instant profit. I think bitcoin is not like a shortcut to become rich. people who get biggest benefit or profit are the early adopters it means they wait for long time until they can earn huge profit. Is bitcoin one of best investment? I think yes. is it gives instant profit? I think no.
Talking about the best choices of several investments that have ever existed, maybe the general picture that we need to know, such as maintaining currency values and the power to generate profits in the long term. We often hear the term get rich quick in some people's statements about the investment journey they are on and there are many people who get caught up in statements like this because they don't try to make an analysis first. To be honest they are not actively involved in it and these statements only represent some of the incidents they have heard or read about in the media.

A simple example like this, when we invest $ 500 in bitcoin, can the value of $ 500 change to $ 5000 in the near future? it is impossible because it takes a process to bring to the amount of profit we expect, these are only some possible examples as an illustration of how all forms of seeking profit must go through a process. But I believe that bitcoin can bring someone to a better stage of financial independence and that's what I have seen in investing in bitcoin.


Title: Re: Is bitcoin best option to invest
Post by: Compromise me on August 14, 2023, 11:45:31 AM
Bitcoin investment is best investment ,But it is too risk for a new person. Bitcoin is best only for those people who have knowledge about it working on it for a years.
New developer cannot get profit from Bitcoin investment because he does not  have knowledge about Bitcoin market. If he will jump as  a investor, he will get lose
from this investment. Which are knowledgeable
Person, they get huge profit from Bitcoin investing, but in comparison, new person  loses his all money and come on road and he faces bankruptcy. Yes, Bitcoin is best for a person who have financial knowledge and he already invested in bitcoin and got profit from it.


Title: Re: Is bitcoin best option to invest
Post by: Blitzboy on August 14, 2023, 12:50:57 PM
It is just my opinion but I think there are many lazy people who invest in bitcoin but wants instant profit. I think bitcoin is not like a shortcut to become rich. people who get biggest benefit or profit are the early adopters it means they wait for long time until they can earn huge profit. Is bitcoin one of best investment? I think yes. is it gives instant profit? I think no.
Talking about the best choices of several investments that have ever existed, maybe the general picture that we need to know, such as maintaining currency values and the power to generate profits in the long term. We often hear the term get rich quick in some people's statements about the investment journey they are on and there are many people who get caught up in statements like this because they don't try to make an analysis first. To be honest they are not actively involved in it and these statements only represent some of the incidents they have heard or read about in the media.

A simple example like this, when we invest $ 500 in bitcoin, can the value of $ 500 change to $ 5000 in the near future? it is impossible because it takes a process to bring to the amount of profit we expect, these are only some possible examples as an illustration of how all forms of seeking profit must go through a process. But I believe that bitcoin can bring someone to a better stage of financial independence and that's what I have seen in investing in bitcoin.
Have you ever taken the time to actually educate yourself about what it means in the current digital economy? Are you susceptible to being swayed by every media rumor and purported "investment guru"  choking advice?

You can certainly imagine turning your 500 into 5k in your dreams. And who wouldnt? However, the real world is not some fairytale world; not at all. Profits require knowledge, planning, and most importantly, guts, particularly in a market as volatile as Bitcoin.

Bitcoin is not a magical cure-all that fell from the sky. Its a digital asset with advantages and disadvantages. It can push someone closer to financial freedom while simultaneously driving others to depth. So who are you?


Title: Re: Is bitcoin best option to invest
Post by: OrangeII on August 14, 2023, 04:04:13 PM
Well, bitcoin isn't the only good investment out there. so many other investments. however, in this forum, most people will choose bitcoin as a good investment. Plus, people see investment potential differently the way some people choose bitcoin, real estate, business development, and more. Maybe it's good enough if you try to explain other investments to the people around you, but when he chooses one or already thinks that an investment is good, then you only need to provide the information you know about that investment.


Title: Re: Is bitcoin best option to invest
Post by: Litzki1990 on August 14, 2023, 04:13:43 PM
Short-cut investments have very little chance of success. There is no shortcut to success. It is never possible to make profit in one day by investing. Those of us who invest and can't wait too long see very little success. When a farmer cultivates paddy, he has to wait from the seed of the paddy till the harvest, and he has to take adequate care and maintenance of the land so that after a certain period of time, the farmer gets a good crop from his land. If the farmer planted the seed on the first day and reaped the crop the next day, would the farmer be able to harvest from that land? We must be patient in whatever we do. Without patience we cannot change the condition of life in a short period of time.


Title: Re: Is bitcoin best option to invest
Post by: lousie9 on August 14, 2023, 11:43:03 PM
Well, bitcoin isn't the only good investment out there. so many other investments. however, in this forum, most people will choose bitcoin as a good investment. Plus, people see investment potential differently the way some people choose bitcoin, real estate, business development, and more. Maybe it's good enough if you try to explain other investments to the people around you, but when he chooses one or already thinks that an investment is good, then you only need to provide the information you know about that investment.
Yes, you are right that there are still many good and potentially profitable investments besides Bitcoin, it all depends on belief and how we see opportunities in an investment. In my opinion, most of these forums will definitely and clearly choose Bitcoin as an investment which they think is good and has great potential because this forum is a forum for people who are more interested in discussing Bitcoin.
Actually, I think having any investment has good potential compared to if we don't have any plans to invest in the current era. The most important thing in investing is that someone understands what they are investing in and they must have confidence and comfort when they invest in their investment choices.


Title: Re: Is bitcoin best option to invest
Post by: Ayebabara on August 15, 2023, 12:31:09 AM
Bitcoin is the best coin to trade and invest and there is no any other best coin to invest in. And any other altcoins are bullshit. They are all imitation of bitcoin but can not look and behave like bitcoin and that make bitcoin unique and good. Those who are investing in altcoins are just doing not to diversify their investment and nothing more. Bitcoin has taken over the blockchain. Bitcoin transaction is always in the mempool.


Title: Re: Is bitcoin best option to invest
Post by: Peanutswar on August 15, 2023, 02:53:07 AM
Those who think bitcoin as a job Always prefer the selling of everything and invest it in bitcoin but those who understand the fact and involve in bitcoin for only getting profit with income from another source too will never sell anything but they will save some amount to be put in bitcoin which is a good idea.

We should not depend fully on bitcoin because if we do it then at the time of lowering price we will not be able to eat well food at least. Physical business is more suitable because it is under the control of humans but crypto is neither control by humans nor by any operating machine.

Bitcoin is not a haven, but it's already crested the reputation among all other coins. People risk their assets just to have a bitcoin reason why is they saw the potential it shows since from it's bottom and people already gained profit, knowledge and experience through out of it. They are now afraid to get late and miss out again for the next coming price ATH. Sure all people will join the hype of it. Reason this could be an option is the fast profit too because of the market volatility. Unlike other investment it takes over a months or years before they reach the profit they want or even the ROI but with the bitcoin you can deal with it in just a few weeks. Still have an essence of market manipulation.


Title: Re: Is bitcoin best option to invest
Post by: YUriy1991 on August 15, 2023, 03:15:36 AM
It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.

Agree and agree, There are three things that I see why these entrepreneurs are always one step ahead financially. for example someone who has understood market performance and is also proficient with Investments especially BTC. First he placed part of his investment in BTC and when the timing came from what he felt he released and invested in gold and when gold went up he released it to the market and changed it to USD and the behavior was repeated - repeated then he switched invest to others item assets , for example property, industry and others from the profits that have been obtained. meaning that he has felt, carried out and believed that what he was trying to do would be successful.


Title: Re: Is bitcoin best option to invest
Post by: CryptoBuds on August 15, 2023, 08:45:00 AM
It is just my opinion but I think there are many lazy people who invest in bitcoin but wants instant profit. I think bitcoin is not like a shortcut to become rich. people who get biggest benefit or profit are the early adopters it means they wait for long time until they can earn huge profit. Is bitcoin one of best investment? I think yes. is it gives instant profit? I think no.

Bitcoin does not make us rich overnight, but when compared to business or investment like gold and real estate, investing in bitcoin will make us rich faster than them. So it can be said that bitcoin is a shortcut to getting rich, and that is why you are here and I am like you. Early bitcoin investors waited for years to reap huge profits but if they invested in other assets, they would not have achieved such huge returns. They choose bitcoin because they want to get rich quick, we shouldn't deny that.


Title: Re: Is bitcoin best option to invest
Post by: susanclay5 on August 15, 2023, 10:03:54 AM
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Title: Re: Is bitcoin best option to invest
Post by: bayu7adi on August 15, 2023, 10:32:08 AM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.
Contemplating the realm of optimal investments, Bitcoin undeniably claims a distinctive spot in my roster of considerations. While the allure of substantial gains is magnetic, I find myself unable to fully channel my entire asset portfolio into the realm of Bitcoin, for every investment breed harbors its unique risk tapestry.

Diversifying across diverse assets such as equities, real estate, and gold imparts a heightened financial fortitude, a validation that transcends the wager of placing all bets on a solitary asset.


Title: Re: Is bitcoin best option to invest
Post by: RockBell on August 15, 2023, 11:32:01 AM
Those who think bitcoin as a job Always prefer the selling of everything and invest it in bitcoin but those who understand the fact and involve in bitcoin for only getting profit with income from another source too will never sell anything but they will save some amount to be put in bitcoin which is a good idea.

We should not depend fully on bitcoin because if we do it then at the time of lowering price we will not be able to eat well food at least. Physical business is more suitable because it is under the control of humans but crypto is neither control by human nor by any operating machine.

Investing is good but selling property to invest nah I don't I think I will advise that for anyone if anything should happen to the market it will definitely affect your investment, I prefer a situation where you use any money that you don't need to invest, one thing I despise is selling off my property, all is about planning and another thing is if you in possession or items you don't need you can sell to invest, and I see that we are on the same page, and depending on bitcoin fully is also not advisable better we have other sources of income so that we don't temper with our investment that is for does that have invested.


Title: Re: Is bitcoin best option to invest
Post by: someone703 on August 15, 2023, 11:45:13 AM
When hearing about Bitcoin as a virtual currency on the web, many people may find it unrealistic or confusing.

What is interesting, however, is that Bitcoin has actually had a significant increase in community adoption and interest. Part of its value comes not only from its powerful blockchain technology, but also from the trust and participation of millions of users around the world. Creating a virtual asset with real value and realism depends on the level of acceptance and support from the community.

With the emergence of stablecoins and the connection of some cryptocurrencies with real value, there is an effort to create a stronger link between virtual money and reality. However, I understand that Bitcoin still faces many doubts and different views from market participants and investors. But community support and participation is an important part of shaping the value and future of Bitcoin.


Title: Re: Is bitcoin best option to invest
Post by: uswa56 on August 15, 2023, 12:10:44 PM
When hearing about Bitcoin as a virtual currency on the web, many people may find it unrealistic or confusing.

What is interesting, however, is that Bitcoin has actually had a significant increase in community adoption and interest. Part of its value comes not only from its powerful blockchain technology, but also from the trust and participation of millions of users around the world. Creating a virtual asset with real value and realism depends on the level of acceptance and support from the community.

With the emergence of stablecoins and the connection of some cryptocurrencies with real value, there is an effort to create a stronger link between virtual money and reality. However, I understand that Bitcoin still faces many doubts and different views from market participants and investors. But community support and participation is an important part of shaping the value and future of Bitcoin.
We can see that over time and if positive things continue to happen then of course many people will think that bitcoin is a good choice for investment.
Currently there are many issues rocking Bitcoin, but this cannot be separated from the support and many people are getting to know Bitcoin, I have known Bitcoin for a long time, I think there is nothing to hesitate about investing, the risks and possible benefits are really worth it.


Title: Re: Is bitcoin best option to invest
Post by: Rupok on August 15, 2023, 02:15:55 PM
Bitcoin investment is the best option than other investments because Bitcoin investment is less risky. Cryptocurrency investment can make people rich easily, especially Bitcoin investment, so its popularity is increasing day by day. Since Bitcoin is a virtual currency, we should remember that there are risks as well as profits.  Yes, so you can invest in different platforms without relying completely on Bitcoin investment. Basically no bitcoin for those who are skeptical of bitcoin investment and don't like to invest in bitcoin.Those who have more money have different opportunities for investment, that is, they can invest in other platforms as well as Bitcoin investment if they want.


Title: Re: Is bitcoin best option to invest
Post by: Wimex on August 15, 2023, 06:21:55 PM
Bitcoin has certainly captured the attention of many people as a potential way to build wealth, especially due to past success stories. throughout my life… But I have the mindset of not just investing there. That is why I want to emphasize the importance of promoting financial education and diversification of investments, for me the latter allows reducing risks by distributing capital in different types of assets, which can help protect against the volatility of any market in particular. I must say that I also agree that it is essential to teach the younger generation about a variety of investment options, including Bitcoin, but also other opportunities such as real estate, traditional businesses and other tangible assets… There is some degree of security, at least from me in an investment that I can see directly, but in the same way Bitcoin is not a secondary investment for me, as I said "I have it among my best investments"..


Title: Re: Is bitcoin best option to invest
Post by: sulendra12 on August 15, 2023, 07:55:35 PM
In other side, people would think Bitcoin is not the best option to invest because high reward comes with high risk as well especially if your emotions and mental are not strong enough to endure the price crashing anytime and it could take more than few months to recover. But, for us we would think Bitcoin is the best one because you can just simply buy and hold for few years and come back to see the reward.

People would say the investments are best for them because they know what to do and what to expect from that particular investment, same as stock trading. It depends on that person.


Title: Re: Is bitcoin best option to invest
Post by: GeorgeJohn on August 15, 2023, 08:32:02 PM
Bitcoin is a very good asset and while people like to invest in bitcoin is because  its a decentralized currency, and secondly bitcoin investment you have the chance of making good profits in cryptocurrency investment, what I want you to understand is that investment opportunities is of different kind and we have series of investment in which you can invest on, so therefore bitcoin I believe that bitcoin investment should be one lucrative investment currently but it doesn't necessarily mean that its best option for investment, people who invest in bitcoin are doing so because of the value they find in bitcoin and that is while they invest in bitcoin fully,  and whosoever that invest in bitcoin always love to invest more and people who are myopic over bitcoin investment will continue carry on with their scandals. So in summary bitcoin is an asset.


Title: Re: Is bitcoin best option to invest
Post by: Raflesia on August 15, 2023, 08:48:46 PM
In other side, people would think Bitcoin is not the best option to invest because high reward comes with high risk as well especially if your emotions and mental are not strong enough to endure the price crashing anytime and it could take more than few months to recover. But, for us we would think Bitcoin is the best one because you can just simply buy and hold for few years and come back to see the reward.

People would say the investments are best for them because they know what to do and what to expect from that particular investment, same as stock trading. It depends on that person.
We have to realise that every choice depends on the person making the choice, so whether it is good or not, they have their own thoughts and opinions that they feel strongly about.
I personally don't really care about that because at the end of the day, all the decisions I make are a result of what I've seen and felt over the few years I've been in this world.

For the risk issue, it is one of the risks that we must be aware that all the behaviours we do will ultimately not be free from risk, so I think the risk we have when we are in bitcoin is proportional to what we get.
I don't really care about other people's judgements whether saying bitcoin is good or right because in my opinion it would be nice if I focus on the choices I make and when I decide to jump into bitcoin then I must be prepared with all the consequences including the risks that I consider as a process and form of my journey in bitcoin.


Title: Re: Is bitcoin best option to invest
Post by: uneng on August 15, 2023, 09:19:31 PM
In other side, people would think Bitcoin is not the best option to invest because high reward comes with high risk as well especially if your emotions and mental are not strong enough to endure the price crashing anytime and it could take more than few months to recover. But, for us we would think Bitcoin is the best one because you can just simply buy and hold for few years and come back to see the reward.

People would say the investments are best for them because they know what to do and what to expect from that particular investment, same as stock trading. It depends on that person.
There are risks involved when investing in BTC, but even thinking this way, what other alternatives do people have if they don't invest in Bitcoin, then?

Someone with thousands or hundreds of thousands of dollars may have another profitable options to put their money in, but for the average investor who has only few hundreds of dollars I don't know any other viable investment, including low and high risk ones.

Nowadays there isn't any other investment with the same characteristics, advantages and potential profit Bitcoin can generate on long run. If you think carefully about it, you will see the risk isn't that high after all.


Title: Re: Is bitcoin best option to invest
Post by: jeraldskie11 on August 15, 2023, 09:44:12 PM
Nowadays there isn't any other investment with the same characteristics, advantages and potential profit Bitcoin can generate on long run. If you think carefully about it, you will see the risk isn't that high after all.
If we compare Bitcoin to any other cryptocurrencies, we can tell that it is safer to invest. Even though the reward is low, the risk is also low. Unlike other cryptocurrencies, the reward are so high but also the risk. If I were to choose, I will choose the safer which is Bitcoin. However, there are best coins that is next to Bitcoin, there are also safer to invest with, the only concern with them is the volatility, meaning the risk is high. But if you're using only spot, just don't if the price is lower than your buying price to avoid losses.


Title: Re: Is bitcoin best option to invest
Post by: fauzan Ichsan on August 16, 2023, 03:38:57 AM
actually not always the best investment choice in my opinion, but depending on the situation and condition of that person. for me it is indeed the best investment considering I can buy it in stages, but if I have a lot of money of course the investment position will reverse, where I prefer real estate to invest, and a smaller portion invest in bitcoin, considering I need to think about a friendlier investment against risk to protect my assets, and this is mostly among the rich who do not choose bitcoin as the main investment tool


Title: Re: Is bitcoin best option to invest
Post by: Oasisman on August 16, 2023, 03:55:10 AM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.

Is bitcoin best option to invest ?

Not the best, but one of the best. That purely depends on the terms the person have in his mind. If someone is about thinking a short term fortune, bitcoin may give him a disaster that could possibly lead to a monetary loss instead of a gain. Someone who wants to invest bitcoin should always have a long term plan, a sustainable plan backed up with financial stability so that bitcoin will not become an emergency fund. That could also lead to a loss. Investing in bitcoin may sounds easy, but it's actually not.
IMO, the best investment one could have is real estate. Someone who owns a property is most probably going to make a life long profit if he have enough knowledge in commercial spaces, otherwise he could just sell it in the next 5-10 years as the value of a property are appreciating, just like how bitcoin have gone so far, but bears lesser risk than bitcoin of course.
My investment plan is to buy a property as long as I can afford, if not I'll have bitcoin instead rather than my money being affected by massive inflation, it should land somewhere safe from it.


Title: Re: Is bitcoin best option to invest
Post by: Jegileman on August 16, 2023, 10:29:09 AM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

I'm sure you're saying that because you don't know enough about Bitcoin. You do not consider Bitcoin to be the best location to invest. I'm a newbie and am still learning about bitcoins, but I believe Bitcoin will be the best investment that I can make that will give me a higher profit in the long run if I keep it for 3 to 5 years. You can't just invest in BTC for two weeks or three weeks and expect a profit because the price focuses exclusively and can fluctuate at any time. If you want to become wealthy with Bitcoin, you just need to be patient and invest for the long term. and you will reap the rewards.


Title: Re: Is bitcoin best option to invest
Post by: Woodie on August 16, 2023, 10:59:22 AM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money
From the thousands of coins we have to choose from, I don't think I would say Bitcoin is the best crypto investment looking at what other coins return on investments over time, but if we talk about safer and top recognized crypto assets then no doubt Bitcoin is among the top coins to consider!

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.
Don't agree with you!

We are in the 21st century which is considered to be a digital age ,and setting up a business that exists online can actually make you some good money as it's more convenient  to your clients and as a large customer base that we can tap in...
AFAIK let's not limit ourselves to establishing a business in its physical form as business concepts have advanced, besides to succeed in business we need to do things differently not what everyone is doing!


Title: Re: Is bitcoin best option to invest
Post by: Blitzboy on August 16, 2023, 11:00:27 AM
Bitcoin has certainly captured the attention of many people as a potential way to build wealth, especially due to past success stories. throughout my life… But I have the mindset of not just investing there. That is why I want to emphasize the importance of promoting financial education and diversification of investments, for me the latter allows reducing risks by distributing capital in different types of assets, which can help protect against the volatility of any market in particular. I must say that I also agree that it is essential to teach the younger generation about a variety of investment options, including Bitcoin, but also other opportunities such as real estate, traditional businesses and other tangible assets… There is some degree of security, at least from me in an investment that I can see directly, but in the same way Bitcoin is not a secondary investment for me, as I said "I have it among my best investments"..
Bitcoin is the future of money, not just an asset! I agree with your emphasis on money education and distribution. But talking about how Bitcoin is transforming the world is just as vital. Blockchain technology makes it a decentralized, global currency with unprecedented security.

Property and other traditional assets? Definitely have a place. Bitcoin and other currency are challenging the definition of "wealth." To be honest, real estate and other tangibles make it appear less essential.

Understanding how blockchain and cryptocurrencies are altering things is extremely crucial for younger people. It leads variety, not just steps. And those who don't listen will be forgotten in money.


Title: Re: Is bitcoin best option to invest
Post by: Jiovanni on August 16, 2023, 11:10:18 AM
There are many types of investment, of which I only know Property/real estate, Gold and other
precious metals and gems, stocks and bonds.

Personally I'm not interested in anything other than Bitcoin, I'm all in on Bitcoin and thats
the way it going to be going forward.

I will die owning Bitcoin!

Yes there are profits to be made in all those other sectors I mentioned above but they will not
yield the same returns that Bitcoin will - why?

Where else can you store your wealth without it melting, evaporating or being chipped away at
by third parties?

What other asset can you have which doesnt require anyone else to manage it for you?

What other asset is as secure as the Bitcoin network and again not have a third party involved?

You see Bitcoin isnt just about 'returns' its about:
Security
Truly limited supply
Transportability
Borderless
Deflationary
Self custodial

and at the same time as more people discover what it offers its value increases, nothing
else offers this!

There is one public example of a person who is all in on Bitcoin and who has enlightened
many others about the merits of Bitcoin....

Michael saylor

If you need any convincing on top of my post check him out!


It's your confidence for me. Though I have an awkward feeling that you're just saying it to strengthen our faith.

However, it's been a painful journey for me. I had such high hopes for Bitcoin as the best investment plan. I put my heart and soul into it, only to watch my hard-earned fortune slip away. The volatility and unpredictability shattered my dreams, leaving me with heavy losses and a sense of regret. I wish I had known better before diving in.

Thank you for your understanding. I'm trying to piece things together and move forward, but it's been quite a rough ride. I hope others can learn from my experience and make more informed decisions.


Title: Re: Is bitcoin best option to invest
Post by: BabyBandit on August 16, 2023, 11:51:34 AM
It all depends on what your goal is, if you gonna hold for years I would say yes BTC is best.
But if you want to make quick short money, it's many other good cryptocurrencies also. One I think is very good is Solana that go up slow but stable all the time right now.

- BabyBandit -


Title: Re: Is bitcoin best option to invest
Post by: Rockstarguy on August 16, 2023, 11:52:14 AM
Investing in Bitcoin can be a strong choice if managed well and if you have sufficient funds after covering your family's financial needs. However, it's important to note that Bitcoin is an investment with no guaranteed returns. It's possible that you might need to wait a considerable amount of time to see a recovery in its value due to its high volatility. Therefore, determining whether Bitcoin is the right investment depends on various factors.
Bitcoin can be the right investment for some people and it can also not be the right investment for some people,  I think Bitcoin being a right investment depends on individuals who really understand that in bitcoin they can make a better investment.  One who doesn't understand how to make a better investment from bitcoin can achieve a good investment from bitcoin.

 For those who understand that bitcoin investment can only be profitable if it is a long-term investment by hodling Bitcoin can make a good investment from bitcoin,  but one who has a mentality of just making profit quick from bitcoin can never see it to be a better Investment.


Title: Re: Is bitcoin best option to invest
Post by: Wend on August 16, 2023, 01:48:27 PM
It all depends on what your goal is, if you gonna hold for years I would say yes BTC is best.
But if you want to make quick short money, it's many other good cryptocurrencies also. One I think is very good is Solana that go up slow but stable all the time right now.

- BabyBandit -

We are just comparing bitcoin to non-crypto assets and see which is the best option. But to compare altcoin to bitcoin, it is a lame comparison as there is no altcoin that can compare to bitcoin. Even the altcoin market is a place for us to gamble rather than invest because its risks are no different from gambling. Solana's future, I don't think is very bright, I suggest you stay away from it and just focus on bitcoin. Not just Solana, stay away from all altcoins if you don't want to take risks.


Title: Re: Is bitcoin best option to invest
Post by: Weawant on August 16, 2023, 03:18:16 PM
For those who understand that bitcoin investment can only be profitable if it is a long-term investment by hodling Bitcoin can make a good investment from bitcoin,  but one who has a mentality of just making profit quick from bitcoin can never see it to be a better Investment.

You can trade Bitcoin and make profits, you can also hold Bitcoin and make profits, Bitcoin doesn't only have one way of making profits from investing in it. Both holding and trading are all means to invest in Bitcoin therefore you have to choose which one works for you.

If you have a good experience with trading and you can make profits without losing, you can go into only trading and if you do if well you can make good amount of profits. The only issue with trading is that it puts you at risk of losing your investment if you do it wrongly.

Bitcoin is the best option for investment because it has the best opportunity to make money as it's among the best new innovation in the world and it haa proven in the past to give its investors nice profits than other investment and it also has the better chance of repeating.


Title: Re: Is bitcoin best option to invest
Post by: bitzizzix on August 16, 2023, 03:41:08 PM
Investing in Bitcoin can be a strong choice if managed well and if you have sufficient funds after covering your family's financial needs. However, it's important to note that Bitcoin is an investment with no guaranteed returns. It's possible that you might need to wait a considerable amount of time to see a recovery in its value due to its high volatility. Therefore, determining whether Bitcoin is the right investment depends on various factors.
Bitcoin can be the right investment for some people and it can also not be the right investment for some people,  I think Bitcoin being a right investment depends on individuals who really understand that in bitcoin they can make a better investment.  One who doesn't understand how to make a better investment from bitcoin can achieve a good investment from bitcoin.

 For those who understand that bitcoin investment can only be profitable if it is a long-term investment by hodling Bitcoin can make a good investment from bitcoin,  but one who has a mentality of just making profit quick from bitcoin can never see it to be a better Investment.
So it is very important for individuals to study and understand Bitcoin before jumping in and also recognize the risks that will be faced, investing in Bitcoin will generate profits if you have patience and strong belief in doing so, especially for the long term. And only long term can give you good returns from Bitcoin because Bitcoin is the future most likely in the future Bitcoin will be very expensive and also has many benefits.
so during a long-term Bitcoin investment, never be afraid of experiencing losses and learn about the function of Bitcoin as a whole and this keeps people or investors coming from time to time who will continue to grow and are also popular. And the long term goal of investing in Bitcoin is to avoid panicking when the price drops because eventually the price will rise again, even exceeding the previous high.


Title: Re: Is bitcoin best option to invest
Post by: Litzki1990 on August 16, 2023, 03:43:36 PM
Nowadays there isn't any other investment with the same characteristics, advantages and potential profit Bitcoin can generate on long run. If you think carefully about it, you will see the risk isn't that high after all.
If we compare Bitcoin to any other cryptocurrencies, we can tell that it is safer to invest. Even though the reward is low, the risk is also low. Unlike other cryptocurrencies, the reward are so high but also the risk. If I were to choose, I will choose the safer which is Bitcoin. However, there are best coins that is next to Bitcoin, there are also safer to invest with, the only concern with them is the volatility, meaning the risk is high. But if you're using only spot, just don't if the price is lower than your buying price to avoid losses.
No physical investment platform can ever compare to a crypto investment platform. Bitcoin will always be one of the best coins to invest in when comparing crypto currency investments. Investment is for those who have enough money, how can a person invest if he has no money. Many times such news is published that many people are investing by selling their necessary goods or land. Never sell your stuff and invest in a platform, especially a crypto platform. Investing in Bitcoin can never be compared to physical investment. If bitcoin is compared to any crypto currency then no doubt bitcoin will be the best choice for everyone to invest so if you have to compare then compare bitcoin with other digital coins hope you always choose bitcoin to invest.


Title: Re: Is bitcoin best option to invest
Post by: Negotiation on August 16, 2023, 04:31:03 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

I'm sure you're saying that because you don't know enough about Bitcoin. You do not consider Bitcoin to be the best location to invest. I'm a newbie and am still learning about bitcoins, but I believe Bitcoin will be the best investment that I can make that will give me a higher profit in the long run if I keep it for 3 to 5 years. You can't just invest in BTC for two weeks or three weeks and expect a profit because the price focuses exclusively and can fluctuate at any time. If you want to become wealthy with Bitcoin, you just need to be patient and invest for the long term. and you will reap the rewards.
Rightly said that maybe he has no knowledge and idea about bitcoin and therefore is not thinking of investing. Bitcoin investment is the best option and will provide good long term profits which may not be possible in investing in any other currency. The financial and economic markets are in extreme turmoil and as we approach the end of the year, cryptocurrency investors offer a unique opportunity to achieve success if they can invest in bitcoin, which is set to rise in value over the next year.


Title: Re: Is bitcoin best option to invest
Post by: puloweh555 on August 16, 2023, 06:19:59 PM
In other side, people would think Bitcoin is not the best option to invest because high reward comes with high risk as well especially if your emotions and mental are not strong enough to endure the price crashing anytime and it could take more than few months to recover. But, for us we would think Bitcoin is the best one because you can just simply buy and hold for few years and come back to see the reward.

People would say the investments are best for them because they know what to do and what to expect from that particular investment, same as stock trading. It depends on that person.
The basic things we need to know first, Bitcoin which is created from blockchain technology is a major invention after the internet which is based on the peer to peer principle that uses a decentralized server without the intervention of third parties (banks). why is it worth it because the technology is without double spending, the level of security is high and the amount is limited to only 21 million bitcoins.

From the explanation above, in my opinion so far what I know is the best investment is bitcoin. Because it's no longer a secret bitcoin as a savings investment for the future. As more people invest with Bitcoin, the price will skyrocket. Even though Smart People can get lucrative results, on the other hand investing with bitcoin also includes high risks. It all depends on each individual because investment can be easy and maximum results can be obtained if consistent.


Title: Re: Is bitcoin best option to invest
Post by: yazher on August 16, 2023, 06:22:25 PM

Rightly said that maybe he has no knowledge and idea about bitcoin and therefore is not thinking of investing. Bitcoin investment is the best option and will provide good long term profits which may not be possible in investing in any other currency. The financial and economic markets are in extreme turmoil and as we approach the end of the year, cryptocurrency investors offer a unique opportunity to achieve success if they can invest in bitcoin, which is set to rise in value over the next year.

There's no doubt about it since it attracts huge companies such as Paypal and others to turn their company into one of the crypto online payment as well. Bitcoin is huge and it never fails those who invested for the long term because they know based on its history that the price will recover over and over again. If only people would consider checking its past history, they would have known that the price is 100% recovered but doubt took them and they missed the most important thing, to sell those bitcoins when it reached new ATH.


Title: Re: Is bitcoin best option to invest
Post by: bayu7adi on August 16, 2023, 06:56:44 PM
Bitcoin is huge and it never fails those who invested for the long term because they know based on its history that the price will recover over and over again. If only people would consider checking its past history, they would have known that the price is 100% recovered but doubt took them and they missed the most important thing, to sell those bitcoins when it reached new ATH.
However, I believe that those who hastily dive into Bitcoin investments might find it challenging to rein in their emotions during bearish Bitcoin price trends. This scenario unfolds all too frequently, where individuals harbor soaring expectations for Bitcoin's trajectory, only to overlook the possibility of bearish phases.

For those well-versed in the nuances of Bitcoin, they possess the acumen to adeptly navigate Bitcoin's financial cycles and assert that Bitcoin stands as a paramount investment.

Yet, for those who remain oblivious to Bitcoin's intricacies, it might not qualify as the supreme investment until they've genuinely grasped its essence.


Title: Re: Is bitcoin best option to invest
Post by: WatChe on August 16, 2023, 07:23:23 PM
Rightly said that maybe he has no knowledge and idea about bitcoin and therefore is not thinking of investing. Bitcoin investment is the best option and will provide good long term profits which may not be possible in investing in any other currency. The financial and economic markets are in extreme turmoil and as we approach the end of the year, cryptocurrency investors offer a unique opportunity to achieve success if they can invest in bitcoin, which is set to rise in value over the next year.

Every investment sector has its own pros and cons. Bitcoin is better or best for people who have knowledge or understanding of this market. If you are coming here only to get rich with no effort or zero knowledge you are deemed to lose your money.

Its not wise to declare other markets unfit for investment since they are more mature and old then crypto market. There are more people with more captial in equity trading then what we have in crypto market.


Title: Re: Is bitcoin best option to invest
Post by: Dr.Bitcoin_Strange on August 16, 2023, 07:26:42 PM
Many times such news is published that many people are investing by selling their necessary goods or land. Never sell your stuff and invest in a platform, especially a crypto platform. Investing in Bitcoin can never be compared to physical investment.

Well, it is somehow not bad to sell some land properties in order to invest in Bitcoin, but it depends on how the person handles the sale of those properties. There was a case where some users said he had two motorcycles but only made use of one, so he sold the other one and used the money to invest in Bitcoin, while another user also had more than two plots of land, so he sold one and invested in Bitcoin with the money he realised. I consider such a practice a wise one because the person did not sell everything to invest in Bitcoin, but there are some people who are selling almost every physical asset they have to invest in Bitcoin, and sometimes they Begin to regret their actions. Some people also collect loans to invest.


Title: Re: Is bitcoin best option to invest
Post by: Renampun on August 16, 2023, 08:00:18 PM
...

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.


as an investor, it is highly recommended to have many businesses so that the invested assets will not be sold at a loss because they need funds or others, bitcoin as one of the investment assets has price fluctuations that change very quickly, just imagine the rapid changes that continue to occur in bitcoin every hour so that if a bitcoin investor does not have other income besides bitcoin investment, it is likely that the person will lose money especially when changes in the world economy occur very quickly.


Title: Re: Is bitcoin best option to invest
Post by: Furious 7 on August 16, 2023, 09:32:20 PM
...

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.


as an investor, it is highly recommended to have many businesses so that the invested assets will not be sold at a loss because they need funds or others, bitcoin as one of the investment assets has price fluctuations that change very quickly, just imagine the rapid changes that continue to occur in bitcoin every hour so that if a bitcoin investor does not have other income besides bitcoin investment, it is likely that the person will lose money especially when changes in the world economy occur very quickly.
Business or work is the top priority and investment is an option to strengthen the economic conditions that we have.
Indeed, bitcoin is one of the good things to consider, but in this case it does not mean that we only hope for bitcoin because of course we have to have some handles so that our conditions in the economy can be maintained properly.
bitcoin is an investment for our future to make it better and in this case for our current life which is going on to meet the future then there must be something that can push it from an economic point of view and doing business or work as the main responsibility must not be abandoned so that we can live comfortably now and have a handle also for the future from the investments we make.


Title: Re: Is bitcoin best option to invest
Post by: rachael9385 on August 17, 2023, 12:20:29 PM
Well, it is somehow not bad to sell some land properties in order to invest in Bitcoin, but it depends on how the person handles the sale of those properties.
Well for me I will not sell my land property to invest in bitcoin but I will use half of the land to get a collateral loan and invest the Loan money on bitcoin, lands are also an investment, in future that 1 piece of land might worth millions of naira but today 1 Bitcoin doesn't worth millions of dollar, it take more than 10 Bitcoin to worth millions of dollar today but we are all hoping for bitcoin to reach that stage when 1 bitcoin can Worth millions of dollars.
If we want to sell some of our properties to invest in in Bitcoin I will prefer selling car or a motorcycle because these things are also a responsibility nowadays, you will have to buy fuel all the time especially now that the cost of fuel in my vicinity is too high.


Title: Re: Is bitcoin best option to invest
Post by: Kelvinid on August 17, 2023, 02:17:27 PM
Well, it is somehow not bad to sell some land properties in order to invest in Bitcoin, but it depends on how the person handles the sale of those properties.
Well for me I will not sell my land property to invest in bitcoin but I will use half of the land to get a collateral loan and invest the Loan money on bitcoin, lands are also an investment, in future that 1 piece of land might worth millions of naira but today 1 Bitcoin doesn't worth millions of dollar, it take more than 10 Bitcoin to worth millions of dollar today but we are all hoping for bitcoin to reach that stage when 1 bitcoin can Worth millions of dollars.
If we want to sell some of our properties to invest in in Bitcoin I will prefer selling car or a motorcycle because these things are also a responsibility nowadays, you will have to buy fuel all the time especially now that the cost of fuel in my vicinity is too high.
Indeed, you have the option the most important is that you find a way how to start investing in Bitcoin. It was not necessary to sell anything if we already have enough money to start nor to sacrifice valuable things in our life but somehow, sometimes we gonna do this to seek of new opportunities.
Well, selling our land is certainly not a good idea but some people see it as the best option and I see why, and it is because they believe that investing in Bitcoin will prosper more in their life than having it. Because if I don't get a huge benefit from that land, I also sell it and look for another opportunity.


Title: Re: Is bitcoin best option to invest
Post by: Tony116 on August 17, 2023, 03:18:43 PM
Well, it is somehow not bad to sell some land properties in order to invest in Bitcoin, but it depends on how the person handles the sale of those properties.
Well for me I will not sell my land property to invest in bitcoin but I will use half of the land to get a collateral loan and invest the Loan money on bitcoin, lands are also an investment, in future that 1 piece of land might worth millions of naira but today 1 Bitcoin doesn't worth millions of dollar, it take more than 10 Bitcoin to worth millions of dollar today but we are all hoping for bitcoin to reach that stage when 1 bitcoin can Worth millions of dollars.
If we want to sell some of our properties to invest in in Bitcoin I will prefer selling car or a motorcycle because these things are also a responsibility nowadays, you will have to buy fuel all the time especially now that the cost of fuel in my vicinity is too high.
Indeed, you have the option the most important is that you find a way how to start investing in Bitcoin. It was not necessary to sell anything if we already have enough money to start nor to sacrifice valuable things in our life but somehow, sometimes we gonna do this to seek of new opportunities.
Well, selling our land is certainly not a good idea but some people see it as the best option and I see why, and it is because they believe that investing in Bitcoin will prosper more in their life than having it. Because if I don't get a huge benefit from that land, I also sell it and look for another opportunity.

Selling land to invest in bitcoin would be a bad idea if we only have one piece of land and our whole family is living on it. But if we have a lot of real estate and sell a few unused pieces to invest in bitcoin, it is not a bad idea. But the sale of assets should only be thought of when we are not using them. We should not be lazy and thinking that we just sell the property to invest in bitcoin and will make a profit from it without going to work.

There are so many ways to get money, why don't we work hard and save to invest in bitcoin? Why always think about selling property for investment? In my opinion, that mindset belongs to lazy people.


Title: Re: Is bitcoin best option to invest
Post by: Emmanuelex on August 17, 2023, 04:04:03 PM
You don't need to look at what people had to say, you just have to do your thing. Bitcoin is a good choice, but there are also other assets in the crypto market that are as good as well. Bitcoin is usually a top choice for me though, but I also try to diversify with the remaining money I have set out after investing in Bitcoin, and use it invest in other coins that are worth investing. If you don't do this, you might miss out on some good opportunities. Bitcoin is usually like a long term investment for me.


Title: Re: Is bitcoin best option to invest
Post by: WillyAp on August 17, 2023, 05:51:10 PM
The stock exchanges have sometimes better returns than Bitcoin.
Ok if you sell at ATH and bought at 20 000, its hard to beat. But who is that lucky? 


Title: Re: Is bitcoin best option to invest
Post by: lizarder on August 17, 2023, 06:32:28 PM
Have you ever taken the time to actually educate yourself about what it means in the current digital economy? Are you susceptible to being swayed by every media rumor and purported "investment guru"  choking advice?
Any of us who have known bitcoin for a long time must have been carefully educated enough to get involved in it. If indeed this question is directed at me, then there must be an adjustment that might be answered according to experience and the facts that have existed. The digital economy is one activity that is carried out with full speculation and if someone can't run it properly it will bring them to a certain stage of loss.

You can certainly imagine turning your 500 into 5k in your dreams. And who wouldnt? However, the real world is not some fairytale world; not at all. Profits require knowledge, planning, and most importantly, guts, particularly in a market as volatile as Bitcoin.
I have answered this question in a previous post, that to make a profit in crypto you need to go through certain activities where each process is carried out in accordance with the amount of capital we spend, so that profits can be seen to what extent a person's ability to place their money. Of course it takes knowledge, planning (strategy) and courage to get involved in investing and trading in particular, there will always be a balance between capital and the profits we get unless you try to invest in bitcoin in the long term by continuing to add asset ownership.

Bitcoin is not a magical cure-all that fell from the sky. Its a digital asset with advantages and disadvantages. It can push someone closer to financial freedom while simultaneously driving others to depth. So who are you?
Bitcoin can bring a person to achieve financial freedom if it can be utilized properly and worst case scenario when people do not have proper investment knowledge and understanding it will lead to loss stage. That's what's called an individual shortage isn't a fundamental drawback of bitcoin?


Title: Re: Is bitcoin best option to invest
Post by: ChiBitCTy on August 17, 2023, 09:30:12 PM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.



You make some good points here.  As a financial advisor this is something I speak about with clients all of the time.  My message to them is always the same...bitcoin is first and foremost a digital decentralized cryptocurrency..it's NOT inherently and investment.  Now just the same as any fiat currency, it's been turned in to an investment, and if your bitcoin value increases dollar wise, of course it acts like an investment, but that's not what it is. 

I wish people would focus more on the breakthrough technology that it brings to the table.  That's why I fell in love with it many years ago.


Title: Re: Is bitcoin best option to invest
Post by: minersday on August 18, 2023, 07:21:08 AM
Any investment choice, including Bitcoin, should be founded on thorough study, research, and awareness of the dangers involved. The value of Bitcoin is very speculative and fluctuates. Its value may change significantly over brief intervals, which might result in big gains or losses. If you're considering buying Bitcoin, keep the following things in mind:

The price of Bitcoin is notorious for being extremely volatile. Despite the possibility of large profit possibilities, this volatility carries a considerable risk for investors.

It's critical to conduct a study about Bitcoin, its underlying technology (the blockchain), and its possible applications before making an investment.

Think about your risk tolerance and investing objectives. Bitcoin's price can fall dramatically in a short period of time, so only invest what you can afford to lose.


It's also important to keep in mind that the Bitcoin market is continuously changing and that new innovations, technologies, and rules may have an influence on its dynamics. Take the time to educate yourself fully if you're thinking about investing, and base your selections on your financial status, risk tolerance, and investment objectives.


Title: Re: Is bitcoin best option to invest
Post by: BRINIRHA on August 18, 2023, 10:47:43 AM
Well Bitcoin is not the only investment sector that can be entered. Because there are more other sectors out there. I personally also invest a lot in other things. Especially in my business, which I keep trying to grow to be bigger. Investing in Bitcoin which does have a high risk is certainly not good for us to enter with all of our financial capabilities. We only enter with small money that continues to be stacked regularly (DCA) and we save it for the long term to hopefully get big profits in the future. And well it's not for quick schemes nor is it for quick profits either. But Bitcoin is worth getting into with the money we have. But of course only with cold money and not hot money. Remaining household expenses or from additional income from side jobs and others.


Title: Re: Is bitcoin best option to invest
Post by: Mr.right85 on August 18, 2023, 11:28:13 AM
The stock exchanges have sometimes better returns than Bitcoin.
Ok if you sell at ATH and bought at 20 000, its hard to beat. But who is that lucky? 
The IF word right there and the ability of you selling at an ATH speaks highly of the probability nature of it and possible risk. In essence one has to establish a risk situation for any profit oriented investment.

If your looking out for what’s best for an investment choice, you could only fine that based on what plans you’ve got for your investment. The plans defines what you and the investment can endure, what risk situations you can take and what would be expected within a period.
If you can tell these, along with your know well of the investment choice, then picking which is best for you to try it out won’t pose much challenge.


Title: Re: Is bitcoin best option to invest
Post by: Inwestour on August 18, 2023, 11:35:55 AM
There's no doubt about it since it attracts huge companies such as Paypal and others to turn their company into one of the crypto online payment as well. Bitcoin is huge and it never fails those who invested for the long term because they know based on its history that the price will recover over and over again. If only people would consider checking its past history, they would have known that the price is 100% recovered but doubt took them and they missed the most important thing, to sell those bitcoins when it reached new ATH.
But you agree that history cannot repeat itself all the time, or cycles and their duration may change in the future, and Bitcoin will most likely have less room for growth with each cycle, since it will become more expensive each time.

Perhaps we are now going through one of the last short cycles, and in the future the bearish cycles will become much longer, or their duration may change slightly, but at the same time, the increase in the price of bitcoin will not be as large as it was in the past. All this must be taken into account when we invest in bitcoin.


Title: Re: Is bitcoin best option to invest
Post by: HONDACD125 on August 18, 2023, 12:04:28 PM
Well Bitcoin is not the only investment sector that can be entered. Because there are more other sectors out there. I personally also invest a lot in other things. Especially in my business, which I keep trying to grow to be bigger. Investing in Bitcoin which does have a high risk is certainly not good for us to enter with all of our financial capabilities. We only enter with small money that continues to be stacked regularly (DCA) and we save it for the long term to hopefully get big profits in the future. And well it's not for quick schemes nor is it for quick profits either. But Bitcoin is worth getting into with the money we have. But of course only with cold money and not hot money. Remaining household expenses or from additional income from side jobs and others.

You are right that Bitcoin is not the only sector we can invest in. I think if someone can invest in Bitcoin then it can be a profitable investment for him. If one invests his entire capital in Bitcoin, he has to bear the risk of loss. You are right that we should invest with small amount and using DCA method, and most importantly our investment should be long term. One cannot get profit from Bitcoin investment in days or months, and it is not a shortcut to get rich. We should always invest money that is more than we need and in case of loss our daily life is not affected. However, we have a lot of faith in the cryptocurrency market, and Bitcoin in particular, where we can make good returns by investing.


Title: Re: Is bitcoin best option to invest
Post by: Antonas1 on August 18, 2023, 12:27:39 PM
We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future.
I agree with the OP on this point.
Many say here that Bitcoin is the best investment and blah blah praise Bitcoin, it's a little boring. But regardless of how you use Bitcoin, you still need money or fiat to buy it. Where will the money come from? work. Especially if you decide to trade Bitcoin, never risk all of your fiat savings.


Title: Re: Is bitcoin best option to invest
Post by: Dr.Bitcoin_Strange on August 18, 2023, 12:44:58 PM
Well for me I will not sell my land property to invest in bitcoin but I will use half of the land to get a collateral loan and invest the Loan money on bitcoin, lands are also an investment, in future that 1 piece of land might worth millions of naira but today 1 Bitcoin doesn't worth millions of dollar, it take more than 10 Bitcoin to worth millions of dollar today but we are all hoping for bitcoin to reach that stage when 1 bitcoin can Worth millions of dollars.
If we want to sell some of our properties to invest in in Bitcoin I will prefer selling car or a motorcycle because these things are also a responsibility nowadays, you will have to buy fuel all the time especially now that the cost of fuel in my vicinity is too high.

Yeah, I'm not doubting your decision; it's your money, it's your property, and it's your decision. You chose how to handle everything yourself; so long as you successfully archive your Bitcoin investment, that's all that matters to you, isn't it?

But also, I don't seem to know why you are comparing one million naira to one million dollars. With the current rate of USD/NGN, 2000 dollars is about one million, six hundred thousand naira, which is far less than a million dollars. Despite the fact that Bitcoin is not up to a million dollars, your land can still cost ten to twenty million naira, but it's not close to a million dollars. I have one question: let's say you have five plots of land and you don't have any bitcoin at all. Would you consider it a foolish act to sell one or two plots of your land to invest in Bitcoin?


Title: Re: Is bitcoin best option to invest
Post by: Crypto Library on August 18, 2023, 03:13:01 PM
We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future.
I agree with the OP on this point.
Many say here that Bitcoin is the best investment and blah blah praise Bitcoin, it's a little boring. But regardless of how you use Bitcoin, you still need money or fiat to buy it. Where will the money come from? work. Never risk all of your fiat savings, especially if you decide to trade Bitcoin.
Investing requires funds. and if someone wants to invest in Bitcoin then first he has to manage money through job or business or from someone and then invest in Bitcoin. Yes, investing in Bitcoin is very profitable but there is also a lot of risk involved, so I do not encourage people to invest in Bitcoin who do not have extra money left over after meeting their daily expenses. But those who have extra money left after paying all expenses and are willing to invest and accept it knowing the risks of investment in Bitcoin.  So he can definitely invest in Bitcoin but he must hold it for a long time to get any good return of it.


Title: Re: Is bitcoin best option to invest
Post by: Popkon6 on August 18, 2023, 03:22:53 PM
Well Bitcoin is not the only investment sector that can be entered. Because there are more other sectors out there. I personally also invest a lot in other things. Especially in my business, which I keep trying to grow to be bigger. Investing in Bitcoin which does have a high risk is certainly not good for us to enter with all of our financial capabilities. We only enter with small money that continues to be stacked regularly (DCA) and we save it for the long term to hopefully get big profits in the future. And well it's not for quick schemes nor is it for quick profits either. But Bitcoin is worth getting into with the money we have. But of course only with cold money and not hot money. Remaining household expenses or from additional income from side jobs and others.

One should never invest with full money in any investment. Because if you want to invest with full money then you can definitely face problems as you have to withdraw money from the invested assets if required. Therefore, we must think about our investment by protecting the family. If you want to invest in Bitcoin, you must invest for the long term. The extra money that the family has to maintain all the expenses should be invested for the long term. Although Bitcoin also has high risk, everything must be accepted.


Title: Re: Is bitcoin best option to invest
Post by: Blitzboy on August 18, 2023, 04:14:47 PM
Well for me I will not sell my land property to invest in bitcoin but I will use half of the land to get a collateral loan and invest the Loan money on bitcoin, lands are also an investment, in future that 1 piece of land might worth millions of naira but today 1 Bitcoin doesn't worth millions of dollar, it take more than 10 Bitcoin to worth millions of dollar today but we are all hoping for bitcoin to reach that stage when 1 bitcoin can Worth millions of dollars.
If we want to sell some of our properties to invest in in Bitcoin I will prefer selling car or a motorcycle because these things are also a responsibility nowadays, you will have to buy fuel all the time especially now that the cost of fuel in my vicinity is too high.

Yeah, I'm not doubting your decision; it's your money, it's your property, and it's your decision. You chose how to handle everything yourself; so long as you successfully archive your Bitcoin investment, that's all that matters to you, isn't it?

But also, I don't seem to know why you are comparing one million naira to one million dollars. With the current rate of USD/NGN, 2000 dollars is about one million, six hundred thousand naira, which is far less than a million dollars. Despite the fact that Bitcoin is not up to a million dollars, your land can still cost ten to twenty million naira, but it's not close to a million dollars. I have one question: let's say you have five plots of land and you don't have any bitcoin at all. Would you consider it a foolish act to sell one or two plots of your land to invest in Bitcoin?
Not everything is about right now. Bitcoin is a big change in the way people think about value and wealth. And you're worried about the exchange rates?

For someone who says they know about money, Im shocked at how blind you are. You are right; land has value on its own. So why Bitcoin? Its the currency of the future, and its causing standard financial institutions to shake to their cores. Anyone who doesnt understand what it means will just be left behind. So, selling one or two plots to get a piece of that future? It sounds like the wisest choice anyone could make.


Title: Re: Is bitcoin best option to invest
Post by: Dr.Bitcoin_Strange on August 18, 2023, 04:41:38 PM
Selling land to invest in bitcoin would be a bad idea if we only have one piece of land and our whole family is living on it. But if we have a lot of real estate and sell a few unused pieces to invest in bitcoin, it is not a bad idea. But the sale of assets should only be thought of when we are not using them. We should not be lazy and thinking that we just sell the property to invest in bitcoin and will make a profit from it without going to work. .

Well, if one has a lot of land or real estate, like you said, then there's no need to sell any to buy Bitcoin. The reason is that if you have more than five estates, you can rent them out, and after renting or leasing them out for some years, you can still acquire a huge amount of money from them to invest in Bitcoin. With my idea of selling some land to invest in Bitcoin, I was only referring to empty land that has not yet been built on, but if one has land and housing on it, then the person can lease it out and use the money to still invest in Bitcoin. In the city where I reside now, there are some locations where you can rent a shop or an apartment for about $10–15k, and if you are that person who has some real estate in a good location, you can rent them out and still invest in your Bitcoin; you must not necessarily sell it.


Title: Re: Is bitcoin best option to invest
Post by: MFahad on August 18, 2023, 05:18:13 PM
Investing is good but selling property to invest nah I don't I think I will advise that for anyone if anything should happen to the market it will definitely affect your investment, I prefer a situation where you use any money that you don't need to invest, one thing I despise is selling off my property, all is about planning and another thing is if you in possession or items you don't need you can sell to invest, and I see that we are on the same page, and depending on bitcoin fully is also not advisable better we have other sources of income so that we don't temper with our investment that is for does that have invested.

Selling one thing to invest in other thing will not make you rich because everything is getting expensive as the time flows so the things we are selling must be needed in future and we will again buy it so why we are in hurry to sell it?

There is nothing useless so try to save from another source of income and avoid selling your useful assets. I always suggest that bitcoin is just a financial way to earn some extra amount of money for you but if we think that by investment in Bitcoin we have found a job then this will be something foolish.

People says that buy bitcoin and you will be a bitcoin investor but its not too easy like people says, there needs years to be a successful investors which means that its not a way of becoming rich in a matter of seconds.


Title: Re: Is bitcoin best option to invest
Post by: Raflesia on August 18, 2023, 05:38:37 PM
Selling land to invest in bitcoin would be a bad idea if we only have one piece of land and our whole family is living on it. But if we have a lot of real estate and sell a few unused pieces to invest in bitcoin, it is not a bad idea. But the sale of assets should only be thought of when we are not using them. We should not be lazy and thinking that we just sell the property to invest in bitcoin and will make a profit from it without going to work. .

Well, if one has a lot of land or real estate, like you said, then there's no need to sell any to buy Bitcoin. The reason is that if you have more than five estates, you can rent them out, and after renting or leasing them out for some years, you can still acquire a huge amount of money from them to invest in Bitcoin. With my idea of selling some land to invest in Bitcoin, I was only referring to empty land that has not yet been built on, but if one has land and housing on it, then the person can lease it out and use the money to still invest in Bitcoin. In the city where I reside now, there are some locations where you can rent a shop or an apartment for about $10–15k, and if you are that person who has some real estate in a good location, you can rent them out and still invest in your Bitcoin; you must not necessarily sell it.
I agree in this case because when owning several property assets is said to be enough to get income from the rental results it shouldn't really matter if they don't sell it because they can still invest from the profits earned from the rental and investing in bitcoin is a good addition as an option for them to increase their income.

But on the other hand if they really want to sell some properties to increase profits more because it is considered still lacking then it is also not a problem because in the end all their decisions must be aware of the consequences and they know that.


Title: Re: Is bitcoin best option to invest
Post by: BRINIRHA on August 19, 2023, 09:09:02 AM
Well Bitcoin is not the only investment sector that can be entered. Because there are more other sectors out there. I personally also invest a lot in other things. Especially in my business, which I keep trying to grow to be bigger. Investing in Bitcoin which does have a high risk is certainly not good for us to enter with all of our financial capabilities. We only enter with small money that continues to be stacked regularly (DCA) and we save it for the long term to hopefully get big profits in the future. And well it's not for quick schemes nor is it for quick profits either. But Bitcoin is worth getting into with the money we have. But of course only with cold money and not hot money. Remaining household expenses or from additional income from side jobs and others.

You are right that Bitcoin is not the only sector we can invest in. I think if someone can invest in Bitcoin then it can be a profitable investment for him. If one invests his entire capital in Bitcoin, he has to bear the risk of loss. You are right that we should invest with small amount and using DCA method, and most importantly our investment should be long term. One cannot get profit from Bitcoin investment in days or months, and it is not a shortcut to get rich. We should always invest money that is more than we need and in case of loss our daily life is not affected. However, we have a lot of faith in the cryptocurrency market, and Bitcoin in particular, where we can make good returns by investing.
Correct. When we choose to invest in a sector, of course we have done a long research or analysis first. And when we have found good potential for the future and this potential has succeeded in convincing us, then we can start investing with the money we have prepared appropriately. If we have 100% capital and we have 5 sectors we want to enter. Then we can divide it by investing more in one of the sectors with the least risk and we invest the rest in the sector with the highest risk. The division of investment capital based on the risks that we know is actually quite effective in keeping our own psychology in this regard.

And for Bitcoin because it has a high risk, we must invest wisely, namely with reasonable limits. Or as many people say, money that we can afford to lose. We may see many large companies accumulating large amounts of bitcoins. But know what they spend on bitcoins may actually only be 1 - 10 % of their total wealth assets.


Title: Re: Is bitcoin best option to invest
Post by: Popkon6 on August 20, 2023, 09:02:52 AM
Selling land to invest in bitcoin would be a bad idea if we only have one piece of land and our whole family is living on it. But if we have a lot of real estate and sell a few unused pieces to invest in bitcoin, it is not a bad idea. But the sale of assets should only be thought of when we are not using them. We should not be lazy and thinking that we just sell the property to invest in bitcoin and will make a profit from it without going to work. .

------

It is unfair to sell something because what we sell may be needed in the future, because people are always looking for sources of income. Because what you sell will definitely be needed in the future, so if you have land or any assets, invest in Bitcoin with the money you get from leasing or mortgaging them. Bitcoin is an additional source of income that people can use to become self-sufficient. You can use bitcoins alongside your business or job which will help you earn extra income. One should never think of investing by selling house or property or car.

As I have invested some amount in Bitcoin by raising money through leasing, rather than selling my property myself. And my investment has given me success, so it is better not to think about selling one's property.


Title: Re: Is bitcoin best option to invest
Post by: xSkylarx on August 20, 2023, 09:11:30 AM
Well Bitcoin is not the only investment sector that can be entered. Because there are more other sectors out there. I personally also invest a lot in other things. Especially in my business, which I keep trying to grow to be bigger. Investing in Bitcoin which does have a high risk is certainly not good for us to enter with all of our financial capabilities. We only enter with small money that continues to be stacked regularly (DCA) and we save it for the long term to hopefully get big profits in the future. And well it's not for quick schemes nor is it for quick profits either. But Bitcoin is worth getting into with the money we have. But of course only with cold money and not hot money. Remaining household expenses or from additional income from side jobs and others.

One should never invest with full money in any investment. Because if you want to invest with full money then you can definitely face problems as you have to withdraw money from the invested assets if required. Therefore, we must think about our investment by protecting the family. If you want to invest in Bitcoin, you must invest for the long term. The extra money that the family has to maintain all the expenses should be invested for the long term. Although Bitcoin also has high risk, everything must be accepted.


Always invest what you can afford to lose. Just imagine the money that was intended to be invested and think that if ever that money is lost, are you still able to survive and continue to live, or will it ruin your life and force you to take out a loan or sell your house? Always not give 100%, even if you think that it is a sure investment. That is to be defensive because if you lose, you'll be down hard and it will be hard to get up. That is why you should always think that you will invest only what you can afford.


Title: Re: Is bitcoin best option to invest
Post by: Bd officer on August 20, 2023, 10:44:37 AM
Always invest what you can afford to lose. Just imagine the money that was intended to be invested and think that if ever that money is lost, are you still able to survive and continue to live, or will it ruin your life and force you to take out a loan or sell your house? Always not give 100%, even if you think that it is a sure investment. That is to be defensive because if you lose, you'll be down hard and it will be hard to get up. That is why you should always think that you will invest only what you can afford.
Investments should be made according to affordability. It is heard that some people want to invest in Bitcoin by taking a loan from a bank, but investing with a loan from a bank is not the right move. The best option to invest is, if one has a deposit, it is better to invest Bitcoin with that money. However, it is not advisable to invest the entire amount in Bitcoin. It is not right to invest while unemployed, if he loses money in the investment he will become destitute. It is best to invest in bitcoins along with employment.


Title: Re: Is bitcoin best option to invest
Post by: Luzin on August 20, 2023, 11:29:09 AM
~snip~
or will it ruin your life and force you to take out a loan or sell your house? Always not give 100%, even if you think that it is a sure investment. That is to be defensive because if you lose, you'll be down hard and it will be hard to get up. That is why you should always think that you will invest only what you can afford.

In the period of increase Bitcoin is indeed better in profit calculation when comparing with Gold. But I agree investing within the limits of ability is the best option. Because the status of Bitcoin until now is still being debated. There are two parties that support and oppose, because the Bitcoin system is Decentralized. This is contrary to the government system because the government cannot control. This is in contrast to Gold which has been recognized by the whole world as a valuable asset. So investing smartly always pay attention to the situation, risk to keep us alive and have reserve funds.


Title: Re: Is bitcoin best option to invest
Post by: Lorence.xD on August 20, 2023, 11:32:26 AM
Always invest what you can afford to lose. Just imagine the money that was intended to be invested and think that if ever that money is lost, are you still able to survive and continue to live, or will it ruin your life and force you to take out a loan or sell your house? Always not give 100%, even if you think that it is a sure investment. That is to be defensive because if you lose, you'll be down hard and it will be hard to get up. That is why you should always think that you will invest only what you can afford.
Investments should be made according to affordability. It is heard that some people want to invest in Bitcoin by taking a loan from a bank, but investing with a loan from a bank is not the right move. The best option to invest is, if one has a deposit, it is better to invest Bitcoin with that money. However, it is not advisable to invest the entire amount in Bitcoin. It is not right to invest while unemployed, if he loses money in the investment he will become destitute. It is best to invest in bitcoins along with employment.

First thing is that Bitcoin is volatile, so it changes it's value time to time which mean it also involves risk that doesn't guarantee you profit. So once you loan just to invest in Bitcoin, it might just worsen your situation that cause you in debt. Imagine you invested your income then suddenly lose it instant then compare it to a loan money that you enter the market right which one is worse? If you're planning to hodl for long what will happen for your needs? Invest if you only have the money that can sustain your needs plus extra money. As you said it's not the best move to invest if you don't have any money sources, that's actually right because those money would just go straight to your essential needs so why bother investing your money.



Title: Re: Is bitcoin best option to invest
Post by: tw0.625 on August 20, 2023, 11:33:27 AM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.



There are numerous investment opportunities available, and while many people view Bitcoin as the top choice for investing their money, I personally don't see Bitcoin as the ultimate investment plan. It's important to address the misconception that investing in Bitcoin guarantees instant wealth. I believe we should work to shift people's mindset regarding Bitcoin investment, ensuring they don't rely solely on it to achieve the riches they envision. It's worth noting that many Bitcoin investors don't solely rely on it as their primary source of income. They often consider it a supplementary income stream. It's crucial to dispel the notion that Bitcoin is a quick path to riches. Overcommitting to Bitcoin and subsequently experiencing losses can lead to serious consequences, including emotional distress.

So buy 2.625 Bitcoin. And keep working hard to reach top 0.1%


Title: Re: Is bitcoin best option to invest
Post by: legendbtc on August 21, 2023, 08:36:37 AM
Always invest what you can afford to lose. Just imagine the money that was intended to be invested and think that if ever that money is lost, are you still able to survive and continue to live, or will it ruin your life and force you to take out a loan or sell your house? Always not give 100%, even if you think that it is a sure investment. That is to be defensive because if you lose, you'll be down hard and it will be hard to get up. That is why you should always think that you will invest only what you can afford.
Investments should be made according to affordability. It is heard that some people want to invest in Bitcoin by taking a loan from a bank, but investing with a loan from a bank is not the right move. The best option to invest is, if one has a deposit, it is better to invest Bitcoin with that money. However, it is not advisable to invest the entire amount in Bitcoin. It is not right to invest while unemployed, if he loses money in the investment he will become destitute. It is best to invest in bitcoins along with employment.

First thing is that Bitcoin is volatile, so it changes it's value time to time which mean it also involves risk that doesn't guarantee you profit. So once you loan just to invest in Bitcoin, it might just worsen your situation that cause you in debt. Imagine you invested your income then suddenly lose it instant then compare it to a loan money that you enter the market right which one is worse? If you're planning to hodl for long what will happen for your needs? Invest if you only have the money that can sustain your needs plus extra money. As you said it's not the best move to invest if you don't have any money sources, that's actually right because those money would just go straight to your essential needs so why bother investing your money.



In my opinion, we should only consider investing when we have savings, have money to spend every day every month and only invest with the remaining money and of course that's the amount we can lose. If a person does not have a stable source of income, and is still having difficulty in providing daily meals for his family, he should not rush to invest. Investing in bitcoin has real potential but it shouldn't take precedence over our savings or our family's needs.


Title: Re: Is bitcoin best option to invest
Post by: Gulttam2a2 on August 21, 2023, 10:28:48 AM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.


Everyone has their own mentality. If you don't have courage you will never succeed in any investment. In that case there is a long wait after investing in Bitcoin so many people get impatient but those who are patient will benefit later. Bitcoin is the best investment in this currency. Almost people all over the world know about Bitcoin. You can easily change the mindset of those who are new to Bitcoin investment but how do you change the mindset of those who have proper knowledge about Bitcoin? Yes you are right there are many people who don't rely on Bitcoin they are running their other business as well. There are also many people who have invested everything in Bitcoin. But I haven't heard or seen any bad side of Bitcoin till now. If you want to invest online then I will tell you to invest in Bitcoin. There is no other better than this. You can also invest here with a part of your monthly income. And if you are scared to invest in bitcoin you can invest in other areas like you said business,importing,exporting etc. But in my opinion Bitcoin is better for long term investment. And we can catch it as a site business. In my opinion investing some money from your savings in Bitcoin will not cause any loss in future.


Title: Re: Is bitcoin best option to invest
Post by: Honyek on August 21, 2023, 10:55:02 AM
Investing in bitcoin is not something one can do without being watchful. One has to know when to make investment and when not to, to avoid losing money. As it is, the price of bitcoin fluctuates, but there are times when the price is more likely to rise, for example, after the bitcoin halving. Mostly, if one makes a long-term investment, the end result is usually positive. All in all, any bitcoin investor should be watchful.


Title: Re: Is bitcoin best option to invest
Post by: WillyAp on August 21, 2023, 11:45:14 AM
Every investment in values like stocks, Crypto have cycles.
No one would occur to buy Tesla stocks and sell those the next week 'cause a payment comes up.

Investment is when you have spare money and let that work for you.
Unfortunately financial education is no prerogative for having values, some religions teach it though.

In crypto or specially in Bitcoin with the value of one bitcoin invested in a Burger Shop in a smallish City most likely brings better returns in Cryptowinter.

Online projects can lift off with as little as 0.4. All depends on your idea and your networking. 
 


Title: Re: Is bitcoin best option to invest
Post by: Yatsan on August 21, 2023, 06:04:10 PM
Investing in bitcoin is not something one can do without being watchful. One has to know when to make investment and when not to, to avoid losing money. As it is, the price of bitcoin fluctuates, but there are times when the price is more likely to rise, for example, after the bitcoin halving. Mostly, if one makes a long-term investment, the end result is usually positive. All in all, any bitcoin investor should be watchful.
No matter what chances there is, we have no assurance of the market price behavior 'coz it is dependent with demand and demand on the other hand is affected by many factors. Never be too confident.

Also to those who are too optimistic in Bitcoin as an asset or investment. Definitely it is not the best to engage to. There are other alternatives and that depends on your preference as an investor. Pehaps you are bot confident with high volatility. There are properties, gold, and other assets having a potential to have higher market price in the future. Problem with some investors are not gauging the risks and circumstances. They're only focused with the profit but not with the risks.


Title: Re: Is bitcoin best option to invest
Post by: uneng on August 21, 2023, 11:11:06 PM
Investing in bitcoin is not something one can do without being watchful. One has to know when to make investment and when not to, to avoid losing money. As it is, the price of bitcoin fluctuates, but there are times when the price is more likely to rise, for example, after the bitcoin halving. Mostly, if one makes a long-term investment, the end result is usually positive. All in all, any bitcoin investor should be watchful.
No matter what chances there is, we have no assurance of the market price behavior 'coz it is dependent with demand and demand on the other hand is affected by many factors. Never be too confident.

Also to those who are too optimistic in Bitcoin as an asset or investment. Definitely it is not the best to engage to. There are other alternatives and that depends on your preference as an investor. Pehaps you are bot confident with high volatility. There are properties, gold, and other assets having a potential to have higher market price in the future. Problem with some investors are not gauging the risks and circumstances. They're only focused with the profit but not with the risks.
The problem with other assets like the ones you mentioned is that they demand a large budget from investors to start, are too bureaucratic or inacessible. So Bitcoin becomes the best alternative in every cases, despite its high volatility which isn't that high for real when you compare to its altcoins pairs.

Investors just have to be patient and draw a long term plan to not get desperate by short term crashes. That shouldn't be that hard and after all the rewards once we reach a new bull run are totally worthful.


Title: Re: Is bitcoin best option to invest
Post by: HajiBagi on August 22, 2023, 07:41:52 AM
I really like what you said, and I think it's crucial for everyone, including bitcoin investors and business owners. We all know that investing in bitcoin can yield a profit, but it's not the kind of profit we were expecting; bitcoin is an investment for people who are capable of doing it or who have the resources to do so; it's not for those who can't hold onto their money for a long time. When I heard from a friend that his uncle had invested in bitcoin for more than four or five years, I realised for the first time that bitcoin is for individuals who can hold onto something without even thinking about it. This led me to believe that bitcoin is more than just an ordinary investment; it also serves as a form of future savings.

I'm trying to convey that, while investing in bitcoin is not a bad idea, sometimes we need to be aware that it is not a short-term investment and that we never know when we will be needed. There are other ways we can earn money besides through bitcoin, and we should always teach our children and other people about them. If you invest in bitcoin, you might have money problems to deal with, and if you sell it at a low price, you will lose money. I don't think you can sell it like that. However, if you engage in activities like business or something else that will bring in income every day of the week, you will be able to survive even during a period of financial difficulty.


Title: Re: Is bitcoin best option to invest
Post by: Blitzboy on August 22, 2023, 09:49:56 AM
I really like what you said, and I think it's crucial for everyone, including bitcoin investors and business owners. We all know that investing in bitcoin can yield a profit, but it's not the kind of profit we were expecting; bitcoin is an investment for people who are capable of doing it or who have the resources to do so; it's not for those who can't hold onto their money for a long time. When I heard from a friend that his uncle had invested in bitcoin for more than four or five years, I realised for the first time that bitcoin is for individuals who can hold onto something without even thinking about it. This led me to believe that bitcoin is more than just an ordinary investment; it also serves as a form of future savings.

I'm trying to convey that, while investing in bitcoin is not a bad idea, sometimes we need to be aware that it is not a short-term investment and that we never know when we will be needed. There are other ways we can earn money besides through bitcoin, and we should always teach our children and other people about them. If you invest in bitcoin, you might have money problems to deal with, and if you sell it at a low price, you will lose money. I don't think you can sell it like that. However, if you engage in activities like business or something else that will bring in income every day of the week, you will be able to survive even during a period of financial difficulty.

You dont seem to understand the purpose of Bitcoin at all. Its not only something wealthy folks do to pass the time. Our banking systems are not faultless, as the 2008 catastrophe reminded us. Not Bitcoin, but traditional financial methods. Bitcoin is a tool to combat power centralization and the erosion of faith in traditional systems.

You discuss business as though it were the only reliable source of income. Do you know of any businesses that have failed, buddy? They break down every day. Bitcoin represents a significant shift in how we think about money, not merely a "hold and hope" investment. Yes, its important to educate the future generation about diverse income streams, but avoid making Bitcoin look absurd. Its here to at least slightly alter the course of events. Whether you keep it or dont, dont make it any less useful.



Title: Re: Is bitcoin best option to invest
Post by: HONDACD125 on August 22, 2023, 11:42:04 AM

Correct. When we choose to invest in a sector, of course we have done a long research or analysis first. And when we have found good potential for the future and this potential has succeeded in convincing us, then we can start investing with the money we have prepared appropriately. If we have 100% capital and we have 5 sectors we want to enter. Then we can divide it by investing more in one of the sectors with the least risk and we invest the rest in the sector with the highest risk. The division of investment capital based on the risks that we know is actually quite effective in keeping our own psychology in this regard.

And for Bitcoin because it has a high risk, we must invest wisely, namely with reasonable limits. Or as many people say, money that we can afford to lose. We may see many large companies accumulating large amounts of bitcoins. But know what they spend on bitcoins may actually only be 1 - 10 % of their total wealth assets.

Undoubtedly, any investment made after research and information can prove to be reliable and profitable.However, risk is present everywhere but we should avoid those investments which have high chances of capital loss.You are right that we should invest more in low risk sectors.

It is a fact that cryptocurrency market is risky market and anything can happen in the market at any time,but I think Bitcoin has the lowest risk compared to the rest of the cryptocurrency market.Therefore, people who have more capital often invest in Bitcoin.However, this does not mean that we should invest all of our money in Bitcoin, rather we should invest a portion of our capital that we can afford to lose.Wherever we intend to invest, we should invest keeping in mind all the risks involved.


Title: Re: Is bitcoin best option to invest
Post by: yazher on August 22, 2023, 12:06:01 PM

We think bitcoin is a worthwhile long-term investment. However, we also note that bitcoin is extremely volatile. That means it experiences large price movements over short periods. Before investing, you must understand the risks involved: you could lose all or a large portion of your investment.

Well, you should practice moderation when it comes to investment because this is not gambling where you don't care about the outcome whether win or lose. sometimes you need to patiently wait for some period of time so that you can get a decent amount of income from your investment. Hopefully, when you manage to get enough capital for your investment, you just need to consider that bitcoin investment is good when you choose the long-term one because it will guarantee you profits rather than loss. You just need to have patience and have some other source of income in order not to worry about it when volatility strikes.


Title: Re: Is bitcoin best option to invest
Post by: xSkylarx on August 22, 2023, 12:15:03 PM

We think bitcoin is a worthwhile long-term investment. However, we also note that bitcoin is extremely volatile. That means it experiences large price movements over short periods. Before investing, you must understand the risks involved: you could lose all or a large portion of your investment.

Well, you should practice moderation when it comes to investment because this is not gambling where you don't care about the outcome whether win or lose. sometimes you need to patiently wait for some period of time so that you can get a decent amount of income from your investment. Hopefully, when you manage to get enough capital for your investment, you just need to consider that bitcoin investment is good when you choose the long-term one because it will guarantee you profits rather than loss. You just need to have patience and have some other source of income in order not to worry about it when volatility strikes.

This is where the challenges start. Most of the newbies thought that it was easy to hold, but technically speaking, it is really easy to hold, but your thoughts and emotions are the problem because you'll tend to panic, and that is where you start selling it off. Like right now, with the recent dump, a lot of newbies are panicking and selling their assets because they are scared to lose their profit, which we know is impossible at the current state. One of the strategies that they will use is to forget about their assets; they will check them after a year or more so that they won't be tempted to sell them off at a loss.


Title: Re: Is bitcoin best option to invest
Post by: GeorgeJohn on August 22, 2023, 12:45:40 PM
Bitcoin investment doesn't have a specification time for someone to invest in bitcoin, I know quite well that bitcoin investment have to do some certain investment, so therefore investment of can be easily achieved at any in time depends on your financial strengths. So therefore, I know quite well that bitcoin investment is something we know that people do think that the best time you can invest in bitcoin and make profit is when bitcoin is at low price, actually its quite right but bitcoin can at high price and you purchase and invest, because their is every tendency that the price of bitcoin can rise above humans expectations. You can buy when bitcoin fall and after purchasing at that particular point of price and tye price become depreciate for the second time.