Is the best investment holding your Bitcoin?

[Herbert2020]

I see a lot of people like to invest in other coins in particular IPO/ICO.

these type of investment is more like a gamble, and most of the time end up losing more.

But with the volatility of Bitcoin is this not the best investment choice in itself? Keeping your Bitcoins which have a higher value and can fluctuate more? Especially with the recent halving, I can only see the value going up.

the halving is not recent.
the fluctuations and volatility is not what makes bitcoin good investment.

instead it is the potential that bitcoin has to become a good and popular coin as it is growing in adoption and its price rising.

Do you see any need to invest elsewhere or is it greedy? What are your thoughts on this?

it depends on how much money you want to invest. if you have a small amount choose one investment but if you have more money then it is best if you diversify.

[The_prodigy]

Sometimes yes' bitcoin is really good investment when you just holding them good profit when the bitcoin price really increase that fast and for now as we can see in every 24 hours bitcoin is increase for +4$ or maybe more in just 24 hours past bitcoin really increase and it will be on $700 soon.

[1Referee]

I see a lot of people like to invest in other coins in particular IPO/ICO. But with the volatility of Bitcoin is this not the best investment choice in itself?

Whether Bitcoin is experiencing volatility or not, it's always a wise thing to avoid IPO/ICO's as 95% of them are only used to fill the pockets of greedy criminals. Because that's exactly what they are as they commit fraudulent activities.

Keeping your Bitcoins which have a higher value and can fluctuate more? Especially with the recent halving, I can only see the value going up.

Simply holding your coins is in my point of view the best investment you can possibly make. Benefits of it are that you fully own what you have, and thus don't rely on whether or not the investment you chose for works out as planned. Everthing is in your hands with holding Bitcoin.

Do you see any need to invest elsewhere or is it greedy? What are your thoughts on this?

I stopped with investing in altcoins and other things back in 2014 as I was realizing it was not the right thing to do for me. I want to keep everything I do in my own hands and control. From that moment I solely focused my activities at trading BTC only. And let me tell you something, it feels fantastic.

People looking for ways to invest their coins make their decisions purely based on greed. And exactly that will break them up at some point. It will be an expensive lesson for sure.

[CasioK]

Sometimes yes' bitcoin is really good investment when you just holding them good profit when the bitcoin price really increase that fast and for now as we can see in every 24 hours bitcoin is increase for +4$ or maybe more in just 24 hours past bitcoin really increase and it will be on $700 soon.

You are just speculating bitcoin investment for short term basis. But, I believe in bitcoin as a best investment type when we are ready to hold for longer haul.

Bitcoin may reach $700 before end of this October and $1000 before end of this year whereas before next halving it may worth millions. I believe no other investment has potential to return its investors millions even in long haul. Best investment is just holding bitcoin, but for longer time.

[BiTZeD]

No, it is not the best, or everyone would be doing it. Returns might not sound as marvelous as other systems, but this one is sure and will never let you down.

[ipanks]

holding bitcoin is the best investment for now and you can sell it in every price you want for now or maybe you want to wait for another high price because i think the price will be gets up for tomorrow.

[gkv9]

No, it is not the best, or everyone would be doing it. Returns might not sound as marvelous as other systems, but this one is sure and will never let you down.

Why not holding it better than trading???
Holding might not give you returns to and fro, but you need patience and will get something for sure if you hodl...
Trading is a good thing, but involves a lot of risk, so it is better sitting with your coins and waiting for your goals to be achieved instead of playing in the dark...

[~Bitcoin~]

Price of bitcoin will always remain volatile if marketcap of bitcoin doesn't get insanely high in future. Price will be easily manipulated by few milionaires due to low marketcap bitcoin have which will cause several high price dumps/pumps within short period of time.

Its better to always trade bitcoin rather than just holding bitcoins however in big price pumps or dumps rally like right now, better to do nothing and just watch your total holdings in terms of fiat increasing with each pumps in bitcoin price.

[drewxward]

I see a lot of people like to invest in other coins in particular IPO/ICO.

these type of investment is more like a gamble, and most of the time end up losing more.

But with the volatility of Bitcoin is this not the best investment choice in itself? Keeping your Bitcoins which have a higher value and can fluctuate more? Especially with the recent halving, I can only see the value going up.

the halving is not recent.
the fluctuations and volatility is not what makes bit[Suspicious link removed]d investment.

instead it is the potential that bitcoin has to become a good and popular coin as it is growing in adoption and its price rising.

Do you see any need to invest elsewhere or is it greedy? What are your thoughts on this?

it depends on how much money you want to invest. if you have a small amount choose one investment but if you have more money then it is best if you diversify.

I agree with your statement about the potential of Bitcoin. Potential is higher because of the people that use it and the recognition it has also. Really, In my opinion of course what makes a great coin/currency is its simplicity to use. Bitcoin does this and a lot of other coins seem to forget this aspect.

[Invulner]

Hey there, what I believe is that bagholding anything isn't smart. There will always be things that exceed bitcoin both technologically and in popularity. What you need to do is to be smart and invest smart. For example if an altcoin is dying, then you wouldn't baghold would you Bitcoin is a cryptocurrency, just like all altcoins are.

[Junko]

I had no experience trading anything when I first got into Bitcoin and simply just hodling has worked out pretty well for me. But then again, I bought most of my bitcoins in the $7-$12 range so I was lucky to have found such value. Hindsight is 20/20 as they say. If hypothetically I were to have found out about bitcoin only just today, I would prolly have to include more active and aggressive trading to my strategy for growing my bitcoin hodlings.

[Yuuto]

It depends. Is it the best investment while something else is going up by double an hour? Probably not. Is it the best investment while everything else is going down but it's going up? Yes.

[ariesjia]

It is right, that many peoples are doing investment, But also you should see many peoples are afraid of scammers, because we all know that investment is best way in bitcoin, but the risky way is that you can't trust on anyone. So i have a one solution, that just hold your bitcoins, and when you see now bitcoin is going high, and if you sell it than it surely give you profit, than should sell them, like now bitcoin has a good price. If i sell my bitcoins than definitely they give me good profit.

Yeah and holding is not the best way to make profits from it, as if you only hold and never sell then you will never make profits from it and I genuinely feel that using them in trading is the best way to grow your coins and also to make regular profits as holding will give you profits only if price goes higher in future.

[ynef]

Others have already said this, but Bitcoin is definitely the safest of all other coins. If you are looking to buy and hodl, that is.

Don't take a loan to do that, instead just put 5-10% of your income into Bitcoin every month.

Bonus points if you add your money into Bitcoin when the price is at its lowest.

[Multipulty]

Others have already said this, but Bitcoin is definitely the safest of all other coins. If you are looking to buy and hodl, that is.

Don't take a loan to do that, instead just put 5-10% of your income into Bitcoin every month.

Bonus points if you add your money into Bitcoin when the price is at its lowest.

Putting some part of your income in bitcoin on regular basis is a good investment to make but the current price cannot be treated as an lowest price as most of the users will consider it has an high price for making an investment and to make profits only from holding you need to have higher amount of coins in your wallet.

[talkbitcoin]

I would like to say hello first off, I am new to these forums as a member, but I do often enjoy browsing on my lunch break.

I see a lot of people like to invest in other coins in particular IPO/ICO. But with the volatility of Bitcoin is this not the best investment choice in itself? Keeping your Bitcoins which have a higher value and can fluctuate more? Especially with the recent halving, I can only see the value going up.

Do you see any need to invest elsewhere or is it greedy? What are your thoughts on this?

all i know is that when you invest in bitcoin you can be sure that your money is in a safe place as long as you have a safe wallet (for example  a paper wallet) and you can be sure that bitcoin price will go up and even if it starts falling tomorrow the price will be higher lets say a year from now.

[lionheart78]

I would like to say hello first off, I am new to these forums as a member, but I do often enjoy browsing on my lunch break.

I see a lot of people like to invest in other coins in particular IPO/ICO. But with the volatility of Bitcoin is this not the best investment choice in itself? Keeping your Bitcoins which have a higher value and can fluctuate more? Especially with the recent halving, I can only see the value going up.

Do you see any need to invest elsewhere or is it greedy? What are your thoughts on this?

all i know is that when you invest in bitcoin you can be sure that your money is in a safe place as long as you have a safe wallet (for example  a paper wallet) and you can be sure that bitcoin price will go up and even if it starts falling tomorrow the price will be higher lets say a year from now.

At this point i can agree to that because we all know that bitcoin price is in an "increase in price in the future trend".  So investing to bitcoin at this point is one of the good investment move.  But in my opinion there is better way of taking profit with bitcoins.  This is invest your investment method.  By doing this you are about to multiply your investment.  Though this is a bit risky but if you are succesful, this strategy is most rewarding.

[TERA]

There are advantages to continuously holding Bitcoin on-chain in cold storage, other than price speculation. Every time you transfer your Bitcoins, trade them, or have them on a website such as an exchange, you are paying fees as well as taking the risk that you lose all of your Bitcoins due to a mistake, a hack, a thief, a collapsing exchange, or a government seizure.

[ethereumhunter]

There are advantages to continuously holding Bitcoin on-chain in cold storage, other than price speculation. Every time you transfer your Bitcoins, trade them, or have them on a website such as an exchange, you are paying fees as well as taking the risk that you lose all of your Bitcoins due to a mistake, a hack, a thief, a collapsing exchange, or a government seizure.

there is just small fees and its fine compare with our profit in trading. and if you don't want to make any fee, then you can still hold it in your cold storage wallet and selling when you think the price is good for you.

and for the hacking is depending on that market exchanges to secure the website and make their members safe and secure when they are inside the website.

[The Sceptical Chymist]

<snip>But with the volatility of Bitcoin is this not the best investment choice in itself? Keeping your Bitcoins which have a higher value and can fluctuate more? <snip>

Volatility can go both ways, of course, and yeah bitcoin is volatile as hell.  Altcoins on the other hand will murder you in your sleep.  You wake up from that catnap and your pet shitcoin has dropped all the way to 1 sat.  I've seen it happen.  I wouldn't invest in anything other than bitcoin at the moment.  The other coins are too shitty and too risky.

I did not understand the bolded part above, and I'm not sure what you want to do in a volatile market.  Some people are shorting bitcoin right now, thinking it's risen too high too fast.  I would not rule that out completely.