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Author Topic: Does it make sense to invest in bitcoin?  (Read 598 times)
the10ur (OP)
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May 23, 2018, 01:45:44 PM
 #1

You may have already tried many options: Capital Markets, Investment Funds, government investments, etc. What about investing in Bitcoin through digital media? Is it worth getting a loan to deposit to bitcoin? The virtual currency has recently been used in many industries as an extremely popular and main payment system. This article is intended to answer the most frequently asked question on this subject: is it worth investing in Bitcoin or is it logical? After reading the following information, you can find an answer to this question, even though it is not exactly a bit.

What Is Bitcoin?
Bitcoin (BTC) is a type of electronic currency, also known as Crypto money, developed by people and companies around the world. The thing to know about Crypto money is that it doesn't have a physical form. Bitcoin is not controlled by anyone or anything else (institution, etc.); however, except for all users who buy or sell.

What Are The Advantages Of Bitcoin?
There may be a way to make money – you have a high chance of losing money at the same time, so you need to know how the system works.
You can only purchase certain products and services using Bitcoin.
It's all over the world.
The system is transparent and neutral, so it can't be changed by anyone.
Payments can be made 24 hours a day, 7 days a week, because Bitcoin is not in any way related to banks.

Can I lose money?
Answer Yes, you can lose money when investing in bitcoin. That's why you're not so sure about the chances of winning, especially if you get a loan for this purpose. You can lose money in a very short period of time, as the Bitcoin price fluctuates frequently. The system is not pyramidal and is based on your ability to analyze time-bound fluctuations. You have to understand how it works and invest at the most appropriate time. If you don't, you risk losing a lot of money. This is especially true when investors are trying to make a decision.

Is the Bitcoin price too fluctuating?
Yeah, the price fluctuates. Investing in bitcoin is risky. The crypto market is very volatile. One year bitcoin may cost a few dollars, the next month may cost a thousand dollars, and after a while it may fall to the first amount. If you are an active investor, you can make big gains by making monthly purchases and selling Bitcoin. It should be noted that these investments can be taxed, just like all other investments, and your earnings will be taxed according to the state in which you reside. How to calculate the profit depends on the statement of income. Currently, bitcoin and other krypto currencies are not taxed in Turkey. However, according to government officials, there will be efforts to establish the legal basis in the near future.
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Apiapik
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May 23, 2018, 01:58:25 PM
 #2


Why not, it would not hurt you to invest in bitcoin. bitcoin selling price is now falling. But this is only temporary. I am sure bitcoin will be better in the future.
the10ur (OP)
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May 23, 2018, 01:59:33 PM
 #3

as a result of my research, they say that bitcois is more risky than last season, based on what you think they may have said. ?
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May 23, 2018, 03:25:08 PM
 #4

obviously makes sense to invest bitcoin nowadays, because its price is still standard and price will rise at the end of this year.
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May 23, 2018, 03:26:36 PM
 #5

It is meaningful to invest bitcoin. It is a kind of venture capital, and it may give you a very high profit.
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May 23, 2018, 03:34:18 PM
 #6

You may have already tried many options: Capital Markets, Investment Funds, government investments, etc. What about investing in Bitcoin through digital media? Is it worth getting a loan to deposit to bitcoin? The virtual currency has recently been used in many industries as an extremely popular and main payment system. This article is intended to answer the most frequently asked question on this subject: is it worth investing in Bitcoin or is it logical? After reading the following information, you can find an answer to this question, even though it is not exactly a bit.

What Is Bitcoin?
Bitcoin (BTC) is a type of electronic currency, also known as Crypto money, developed by people and companies around the world. The thing to know about Crypto money is that it doesn't have a physical form. Bitcoin is not controlled by anyone or anything else (institution, etc.); however, except for all users who buy or sell.

What Are The Advantages Of Bitcoin?
There may be a way to make money – you have a high chance of losing money at the same time, so you need to know how the system works.
You can only purchase certain products and services using Bitcoin.
It's all over the world.
The system is transparent and neutral, so it can't be changed by anyone.
Payments can be made 24 hours a day, 7 days a week, because Bitcoin is not in any way related to banks.

Can I lose money?
Answer Yes, you can lose money when investing in bitcoin. That's why you're not so sure about the chances of winning, especially if you get a loan for this purpose. You can lose money in a very short period of time, as the Bitcoin price fluctuates frequently. The system is not pyramidal and is based on your ability to analyze time-bound fluctuations. You have to understand how it works and invest at the most appropriate time. If you don't, you risk losing a lot of money. This is especially true when investors are trying to make a decision.

Is the Bitcoin price too fluctuating?
Yeah, the price fluctuates. Investing in bitcoin is risky. The crypto market is very volatile. One year bitcoin may cost a few dollars, the next month may cost a thousand dollars, and after a while it may fall to the first amount. If you are an active investor, you can make big gains by making monthly purchases and selling Bitcoin. It should be noted that these investments can be taxed, just like all other investments, and your earnings will be taxed according to the state in which you reside. How to calculate the profit depends on the statement of income. Currently, bitcoin and other krypto currencies are not taxed in Turkey. However, according to government officials, there will be efforts to establish the legal basis in the near future.


I'm not sure if your definitions are correct, I wouldn't rely fully on that info. Regarding the investment, yes, it's good time to invest in bitcoin, because the price was falling for some time.
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May 23, 2018, 03:44:55 PM
 #7

it is true that bitcoin prices are very difficult to predict when using simple observations but not denying that bitcoin has scored a lot of people who succeed. Speaking of investment there must be a risk but what investment in the field can give more than 100% profit in 1 year? only in the cryptocurrency of the answer. Speaking of taxes, I think with us turning coins into FIAT money already in transaction fees and not denying that banks benefit from the transaction, and banks pay taxes to the government.
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May 23, 2018, 03:45:11 PM
 #8

You may have already tried many options: Capital Markets, Investment Funds, government investments, etc. What about investing in Bitcoin through digital media? Is it worth getting a loan to deposit to bitcoin? The virtual currency has recently been used in many industries as an extremely popular and main payment system. This article is intended to answer the most frequently asked question on this subject: is it worth investing in Bitcoin or is it logical? After reading the following information, you can find an answer to this question, even though it is not exactly a bit.

It would only be logical if one chooses to not get mortgaged up to his/her eyeballs because of a current investment fad which they don't understand heavily and only heard the success stories of others. Any investment is logical if it is well thought and planned, and not because someone made some money off of it, you'd also do it with just hope and luck on your side.

Can I lose money?
Answer Yes, you can lose money when investing in bitcoin. That's why you're not so sure about the chances of winning, especially if you get a loan for this purpose. You can lose money in a very short period of time, as the Bitcoin price fluctuates frequently. The system is not pyramidal and is based on your ability to analyze time-bound fluctuations. You have to understand how it works and invest at the most appropriate time. If you don't, you risk losing a lot of money. This is especially true when investors are trying to make a decision.

Also in the stock markets where every newbie thinks that it's just an easy game of guessing whether a stock goes up or down. It doesn't work like that, unfortunately. It needs a lot of careful processing and well-thought approach in order to make money. Most people who loan from the banks and start their business opens up a somehow secured investment unlike bitcoin which is highly speculative with no definite gains/returns per month.


Is the Bitcoin price too fluctuating?
Yeah, the price fluctuates. Investing in bitcoin is risky. The crypto market is very volatile. One year bitcoin may cost a few dollars, the next month may cost a thousand dollars, and after a while it may fall to the first amount. If you are an active investor, you can make big gains by making monthly purchases and selling Bitcoin. It should be noted that these investments can be taxed, just like all other investments, and your earnings will be taxed according to the state in which you reside. How to calculate the profit depends on the statement of income. Currently, bitcoin and other krypto currencies are not taxed in Turkey. However, according to government officials, there will be efforts to establish the legal basis in the near future.[/color]

This is true. Most traders make money from the price gaps their investments have in a short span of time. Easy money right? But still, no. Most of the time, the market can screw you up when you know that you're in for some great gains. Having said that, though you think you already got a great position, always be alert on rapid price changes because it can really screw you down to the core.

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May 23, 2018, 03:55:19 PM
 #9

What about investing in Bitcoin through digital media?

How do you invest in Bitcoin through digital media? Are you talking about social networks?

Is it worth getting a loan to deposit to bitcoin?

Taking out a loan to invest, which is called investing or buying "on margin" is super risky. It's a very bad idea to invest in something as volatile as Bitcoin using something as finite as a loan. Don't do it. You're going to go broke.


What Are The Advantages Of Bitcoin?
(1) There may be a way to make money – you have a high chance of losing money at the same time, so you need to know how the system works.
(2) You can only purchase certain products and services using Bitcoin.

These two things aren't advantages of bitcoin.

(1) Bitcoin is just money, you can earn it doing anything in the world you can do to earn money...you just need to ask or require you get paid in bitcoin. And having "a high chance of losing money" is never an advantage.

(2) Only being able to you use it to buy "certain products and services" is a disadvantage...you'd want to be able to buy ALL products and services, no?
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May 23, 2018, 03:55:56 PM
 #10

You should already be able to conclude it yourself because you already know what bitcoin, function, usefulness and risk.
for me, investing into bitcoin is very plausible because I already feel the risk with its profit greater profit.
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May 23, 2018, 04:03:31 PM
 #11

I believe it does. Bitcoins have a limited supply of 21 million coins, and currently the price is somewhere around $7900 to $8100 and it will go up during the next couple of months. And some predict that it may even hit $100,000 soon. So there is a good chance that Bitcoins' price would increase and you can take profits if you invest it right now. However, due to the extremely volatility of the crypto markets you need to be very careful when investing. Basically do your own research and invest what you are able to lose. Most people still don't know about Bitcoins and people who do and invest are called early investors. So I am very confident that in the coming years many people will know and adopt bitcoin either as a rudimentary payment method or more often as a investment instrument, there by increase the demand for Bitcoins thus sky rocketing its price!
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May 23, 2018, 04:22:33 PM
 #12

Does the frequent price change disturb you from earning income? If it is then you are not into trading. You better experience bitcoin or alt trading so the high volatility of the bitcoin will be your money printing machine that could print whenever the price changed. If the price don't move much then those trader will be very sad about it. But other part of the industry will be very happy about it. Eventually, what most people seek is to make profit from this new technology.
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May 23, 2018, 04:25:11 PM
 #13

Does it make sense joining in this forum if you're not trusting bitcoin? Well, it makes sense investing in cryptocurrency especially when you're gaining a lot from it. The answer to you question is try doing that thing for you to believe.

 
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May 23, 2018, 04:27:23 PM
 #14

You may have already tried many options: Capital Markets, Investment Funds, government investments, etc. What about investing in Bitcoin through digital media? Is it worth getting a loan to deposit to bitcoin? The virtual currency has recently been used in many industries as an extremely popular and main payment system. This article is intended to answer the most frequently asked question on this subject: is it worth investing in Bitcoin or is it logical? After reading the following information, you can find an answer to this question, even though it is not exactly a bit.

What Is Bitcoin?
Bitcoin (BTC) is a type of electronic currency, also known as Crypto money, developed by people and companies around the world. The thing to know about Crypto money is that it doesn't have a physical form. Bitcoin is not controlled by anyone or anything else (institution, etc.); however, except for all users who buy or sell.
Do you mean mined bitcoin? Of course it doesn't have a physical form but if you are not aware of Casascius coins, here's the link: https://en.bitcoin.it/wiki/Casascius_physical_bitcoins

What Are The Advantages Of Bitcoin?
There may be a way to make money – you have a high chance of losing money at the same time, so you need to know how the system works.
You can only purchase certain products and services using Bitcoin.
It's all over the world.
The system is transparent and neutral, so it can't be changed by anyone.
Payments can be made 24 hours a day, 7 days a week, because Bitcoin is not in any way related to banks.
Yes, Trading is the best way to make money, a lot of money, but there are risk involved. That's why you really need to understand how it really works understand, you might end up losing if you don't know how to mitigate risk.

Can I lose money?
Answer Yes, you can lose money when investing in bitcoin. That's why you're not so sure about the chances of winning, especially if you get a loan for this purpose. You can lose money in a very short period of time, as the Bitcoin price fluctuates frequently. The system is not pyramidal and is based on your ability to analyze time-bound fluctuations. You have to understand how it works and invest at the most appropriate time. If you don't, you risk losing a lot of money. This is especially true when investors are trying to make a decision.
Yes, but remember you can make money as well during fluctuations. Buy in dip and then sell when the price bounce back. But I wouldn't recommend taking a loan though.

Is the Bitcoin price too fluctuating?
Yeah, the price fluctuates. Investing in bitcoin is risky. The crypto market is very volatile. One year bitcoin may cost a few dollars, the next month may cost a thousand dollars, and after a while it may fall to the first amount. If you are an active investor, you can make big gains by making monthly purchases and selling Bitcoin. It should be noted that these investments can be taxed, just like all other investments, and your earnings will be taxed according to the state in which you reside. How to calculate the profit depends on the statement of income. Currently, bitcoin and other krypto currencies are not taxed in Turkey. However, according to government officials, there will be efforts to establish the legal basis in the near future.[/color]
Agree, its very volatile and there are no experts in the field of price prediction. Some may claim that they can predict it, but most of them failed anyways. Its really up to you, study the market and react or better yet, HODL and just sell when the price is already high and you are getting a good amount of returns.









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May 23, 2018, 04:31:44 PM
 #15

It is meaningful to invest bitcoin. It is a kind of venture capital, and it may give you a very high profit.
Investing in bitcoin is good opportunity cause you earn unlimited income at very high profit. Investing in bitcoin is so meaningful cause there is lot's of opportunities you gain here a very kind of venture capital that brings you hope, success and teach you to become more productive person.
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May 23, 2018, 05:04:36 PM
 #16

why not, bitcoin is a place to invest too, for now maybe the price is falling. but will probably rise again by the end of this year
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May 23, 2018, 05:10:18 PM
 #17

You may have already tried many options: Capital Markets, Investment Funds, government investments, etc. What about investing in Bitcoin through digital media? Is it worth getting a loan to deposit to bitcoin? The virtual currency has recently been used in many industries as an extremely popular and main payment system. This article is intended to answer the most frequently asked question on this subject: is it worth investing in Bitcoin or is it logical? After reading the following information, you can find an answer to this question, even though it is not exactly a bit.

What Is Bitcoin?
Bitcoin (BTC) is a type of electronic currency, also known as Crypto money, developed by people and companies around the world. The thing to know about Crypto money is that it doesn't have a physical form. Bitcoin is not controlled by anyone or anything else (institution, etc.); however, except for all users who buy or sell.

What Are The Advantages Of Bitcoin?
There may be a way to make money – you have a high chance of losing money at the same time, so you need to know how the system works.
You can only purchase certain products and services using Bitcoin.
It's all over the world.
The system is transparent and neutral, so it can't be changed by anyone.
Payments can be made 24 hours a day, 7 days a week, because Bitcoin is not in any way related to banks.

Can I lose money?
Answer Yes, you can lose money when investing in bitcoin. That's why you're not so sure about the chances of winning, especially if you get a loan for this purpose. You can lose money in a very short period of time, as the Bitcoin price fluctuates frequently. The system is not pyramidal and is based on your ability to analyze time-bound fluctuations. You have to understand how it works and invest at the most appropriate time. If you don't, you risk losing a lot of money. This is especially true when investors are trying to make a decision.

Is the Bitcoin price too fluctuating?
Yeah, the price fluctuates. Investing in bitcoin is risky. The crypto market is very volatile. One year bitcoin may cost a few dollars, the next month may cost a thousand dollars, and after a while it may fall to the first amount. If you are an active investor, you can make big gains by making monthly purchases and selling Bitcoin. It should be noted that these investments can be taxed, just like all other investments, and your earnings will be taxed according to the state in which you reside. How to calculate the profit depends on the statement of income. Currently, bitcoin and other krypto currencies are not taxed in Turkey. However, according to government officials, there will be efforts to establish the legal basis in the near future.


Yes, investing in bitcoin is plausible, because the value of bitcoin can increase high and bitcoin is a technology for the future.

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Phaphoo
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May 23, 2018, 05:28:01 PM
 #18

Investment in Bitcoin is one of the way of making money in cryptos and Bitcoin is only distinguished coin for investment, because it's the most popular of all coins though the price might be fluctuating now but it will surely be normal again.
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May 23, 2018, 05:42:41 PM
 #19

It is meaningful to invest bitcoin. It is a kind of venture capital, and it may give you a very high profit.
Investing in bitcoin is good opportunity cause you earn unlimited income at very high profit. Investing in bitcoin is so meaningful cause there is lot's of opportunities you gain here a very kind of venture capital that brings you hope, success and teach you to become more productive person.


Yes.We will get lot of opportunity in bitcoin.We can buy bitcoin at different price.I had brought some bitcoin at 7000$ earlier and then brought some at 8500$.If I had sell the entire bitcoin at the end 9000$.I will get a chance of huge profit.But patience is the essential one for the profit.

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alenahype
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May 23, 2018, 05:44:58 PM
 #20

In fact, it is impossible to predict the behavior of the market. Now the whole market as a whole behaves unstably, and someone will succumb to fear, doubt.
Personally, I believe that you need to be determined in advance, your investments are short-term or long-term.
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