Why Not Just Buy BTC?

[ItsCrafty]

This strategy has been followed by many big investors for a long time. However you can buy btc and store it in coinbase wallet and as far as I'm concerned there won't be any problem. In fact i have been using coinbase wallet for many years without any danger. Moreover, hide all your information and especially mail.

I agree with your option. In my personal opinion, It depends upon the ease with which an individual uses it frequently. You can use hard or soft wallets according to your use and how much you invested. Possibly you can use the hard wallet because it is more secure than others. Moreover, the thing that matters here is If you have a lot of capital, you should be concerned about its safety and should buy BTC to gain your earnings.

[Nazmul012]

Many people doing this for safe and secure investment. But if you want to multiple your capital then you must investment in altcoins. Cause bitcoin always has large marketcap and it need a huge investor to skyrocket from this current price, when altcoins can easily skyrocket within night. So you can't force anyone to buy bitcoin only, its personal choice. Well i suggest you to keep your bitcoin in your wallet cause if anyhow exchange get scam or problem happened with your account (kyc, violence issue) then It'll be difficult to safe your investment.

[stomachgrowls]

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

You can buy and accumulate if you do like but if we are already talking about storing or buying huge sums of amount then it wouldn't be wise on storing
those coins on those custodial things and exchangers and platforms like Coinbase isnt a wallet but an exchange which its centralized and you dont possess the keys which
its still not our coins and once problems do exist then there's no way that we could be able to get those coins back. Therefore, you should consider the list;

1. Electrum
2. Hardware wallet like Ledger or Trezor
3. Some wallets that are non-custodial, cant point out which one but there are existing currently.

If you do tend to go for long term then this would really be the best thing to be done. Always secure those coins on wallet that you do possess those private keys.

[2girls]

Many people doing this for safe and secure investment. But if you want to multiple your capital then you must investment in altcoins. Cause bitcoin always has large marketcap and it need a huge investor to skyrocket from this current price, when altcoins can easily skyrocket within night. So you can't force anyone to buy bitcoin only, its personal choice. Well i suggest you to keep your bitcoin in your wallet cause if anyhow exchange get scam or problem happened with your account (kyc, violence issue) then It'll be difficult to safe your investment.

You are absolutely right that Bitcoin is a great option for investment but here your capital is definitely safe but the rate of return is also very low. First of all, you will need a good amount of capital to invest in Bitcoin. On the other hand, there are good and strong projects in the market where you can invest with less capital, and from there you can get a chance to earn a good profit. Which can be many times higher than Bitcoin. So I think one should definitely invest in Bitcoin but never ignore the altcoins in the market, because there are coins in altcoin that have the potential to give you a huge profit. Therefore, one should invest in altcoin along with investment in Bitcoin, but always choose the top and good coins of the market.

[franzjose]

because if you buy before a dip its game over.

[retreat]

I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?

That's great if you have any thoughts of investing in Bitcoin. But if I were you, I would probably prefer to buy Bitcoin directly from DEX and keep it in my wallet rather than open a position in BTC pairs on Coinbase. You know that when you store Bitcoin directly in your wallet, you have full control over it and you can trade it any time you need. But it's up to you, I'm just giving advice.

[JeffBrad12]

Many people doing this for safe and secure investment. But if you want to multiple your capital then you must investment in altcoins. Cause bitcoin always has large marketcap and it need a huge investor to skyrocket from this current price, when altcoins can easily skyrocket within night. So you can't force anyone to buy bitcoin only, its personal choice. Well i suggest you to keep your bitcoin in your wallet cause if anyhow exchange get scam or problem happened with your account (kyc, violence issue) then It'll be difficult to safe your investment.

at the end of the day it comes down with the fact that some might take risk for the sake of increasing profit they wanna generate off their investment its just as simple as that.
though honestly, such thing could be simply prevented by diversification, but then again some people are more eager in multiplying their money instantly to go such lengths of investing their whole investment to the
altcoins which sometimes is gonna be turning out to be really wrong considering the fact that altcoin is just not as safe as bitcoin in general.
but then again, some people might be limited in terms of capital so it only make sense that some people would prefer to invest in altcoin than bitcoin, as far as I know bitcoin only good for people with at least more than $10k investment and even that is already considered small and insignificant enough with bitcoin investments.