Why Bitcoin will be the safest investment

[ERC20KIT]

A lot of crypto fans and investors are now worried about continuous bearish trend for Bitcoin price and other cryptocurrencies this year 2018. And now beginning to doubt  their initial commitment to the Bitcoin ecospace. A lot of people have forgetting the core idea behind the invention of Bitcoin. Most of us have forgetting that Bitcoin was created to challenge the established FIAT system where money can be printed without control and no regards for inflation.

This is entirely not the fault of most of us but it is because of the Bull run Bitcoin has enjoyed so far especially in 2017 where price reaches as high as $20,000. We all got greedy and forgot about the initial ideals behind bitcoin. We all want to cash in the same Fiat currency bitcoin is trying to challenge. This in my opinion is one of the reason why bitcoin price fell this year. We do not fully trust the crypto space yet.

Bitcoin is here to stay and will remain dominant for the future and I still consider it as the most secured investment in this digital age after gold. Below are some of the reasons why I think Bitcoin is a safe investment

1. Bitcoin has already achieved mass adoption though this is subjective . A lot people will now accept bitcoin payment without worrying about how to exchange it.
2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.
3. Bitcoin remains dominant in the coinmarketcap with 55% of the entire marketcap
4. Bitcoin current price is still higher than what it is this same time last year

Please I will appreciate if anyone can add reason why they think Bitcoin is a safe investment.

[Slow death]

2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.

good point and the more demand the higher the price

3. Bitcoin remains dominant in the coinmarketcap with 55% of the entire marketcap

Now is 51.8% and will continue to fall.

4. Bitcoin current price is still higher than what it is this same time last year

true, which means that if someone buys it now they can have bigger profits in the future.

Please I will appreciate if anyone can add reason why they think Bitcoin is a safe investment.

You said it all.

[zwiggel]

Because bitcoin is the coin with greatest price. Bitcoin is the father of all the coins. Bitcoin went through many tough challenges to survive up to now. There are many people who invest in bitcoin. The bitcoin market is always stable.

[Vickyrichy]

Bitcoin investment is indeed the safest investment but i don't think bitcoin is limited. As days go by, new bitcoins are mined. The number of bitcoins which were available in 2017 is not the same as the number of bitcoins available now. One of reasons for  reduction in the market price of bitcoin is due to increase in the number of bitcoin circulating.

[magneto]

A lot of crypto fans and investors are now worried about continuous bearish trend for Bitcoin price and other cryptocurrencies this year 2018. And now beginning to doubt  their initial commitment to the Bitcoin ecospace. A lot of people have forgetting the core idea behind the invention of Bitcoin. Most of us have forgetting that Bitcoin was created to challenge the established FIAT system where money can be printed without control and no regards for inflation.

This is entirely not the fault of most of us but it is because of the Bull run Bitcoin has enjoyed so far especially in 2017 where price reaches as high as $20,000. We all got greedy and forgot about the initial ideals behind bitcoin. We all want to cash in the same Fiat currency bitcoin is trying to challenge. This in my opinion is one of the reason why bitcoin price fell this year. We do not fully trust the crypto space yet.

Bitcoin is here to stay and will remain dominant for the future and I still consider it as the most secured investment in this digital age after gold. Below are some of the reasons why I think Bitcoin is a safe investment

1. Bitcoin has already achieved mass adoption though this is subjective . A lot people will now accept bitcoin payment without worrying about how to exchange it.
2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.
3. Bitcoin remains dominant in the coinmarketcap with 55% of the entire marketcap
4. Bitcoin current price is still higher than what it is this same time last year

Please I will appreciate if anyone can add reason why they think Bitcoin is a safe investment.

I wouldn't say that it's the safest investment available in the short term, but I think that it's probably one of the most viable long term store of values that are currently being undervalued.

If you look at the characteristics of bitcoin, you actually see a lot of resemblance with another safe haven asset class which has been recognised traditionally, which is precious metals, especially in gold and silver which has been used as currency for centuries.

The defining aspects that make both precious metals and bitcoin good long term store of values, and thus I guess "safe investments" would be the fact that it is decentralised in terms of its supply as well as the hard limit on the supply.

Bitcoin holds an edge in terms of the actual profitability in the long run compared to gold, which has already been used for centuries, though. Since bitcoin's demand is still climbing as adoption grows, and there is still the same limit on the amount of coins that are able to be in circulation within the supply, it's honestly simple economics that bitcoin would be at the very least, an effective hedge against the inflation that takes away value from fiat currencies daily.

[PeachPam]

I see your point but for me bitcoin is not the safest investment because it is unstable. i think bitcoin need to be regulated to be more stable

[pooya87]

bitcoin is here to stay, it has a lot of potential and it will rise up and be probably worth a lot more than $1 million,... and a lot more... but none of these make it "the safest investment"! it is still risky and you should remember to invest what you can afford to lose in bitcoin. in fact one of the problems that we faced last year and we are seeing the consequences of today is the same way of thinking where people started FOMO buying bitcoin because they though the moon is on the way!

1. Bitcoin has already achieved mass adoption though this is subjective . A lot people will now accept bitcoin payment without worrying about how to exchange it.
2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.
3. Bitcoin remains dominant in the coinmarketcap with 55% of the entire marketcap
4. Bitcoin current price is still higher than what it is this same time last year

1. wrong. we are nowhere near mass adoption yet.
2. wrong in 4 million lost assumption, that is a pure guess.
3. wrong since this is completely irrelevant. it doesn't matter what percentage of total market capitalization bitcoin has. whether it is 99% or 1% it won't affect the potential of bitcoin and its growth.
4. meh, i would say it is irrelevant to the subject you are discussing which is bitcoin being a safe investment.

[KrishaBitcoin]

Bitcoin investments is full of risks due to the price is really unpredictable in which it did not guarantee the investors to a sure profit and also it was all over the news about scam projects that are using Bitcoin platform in which its make people to scared to invest. So if you say safest its mean that the people are 100% safest in this investment which is not true.

[gesdan]

as I know that bitcoin is not a safe investment we can see that bitcoin price drops and rise, we don't know when the price drops and rise, we can't predict it, so I think bitcoin is not safe for me, although that your statement is right but i think bitcoin is not a safe investment

[louie69]

I consider btc is one of the safest investment if only people had bought btc during the bear market way lesser than the current rice value and should have consider long term investment to be able to achieve the goal in gaining promising profit. BTC has proven it's worth since last Q4 of 2017 wherein there is no need to doubt it's capability and it will surely give good return of investment.

[justsimpleram]

You have a good point about how good or safe to invest in bitcoin. But for me you can not easily contended about your investment in bitcoin because so many reason why you bitcoin is not safe. The price of the bitcoin is not stable you investment can be go down or go up. Then your bitcoin can be stole if you don't know how to secure or keep it. But investing in bitcoin is great because your invest can be double , triple or etc.

[signup01]

Bitcoin investments is full of risks due to the price is really unpredictable in which it did not guarantee the investors to a sure profit and also it was all over the news about scam projects that are using Bitcoin platform in which its make people to scared to invest. So if you say safest its mean that the people are 100% safest in this investment which is not true.

I think what you convey is all the risks that investors will receive if they understand and know all the risks, of course the investors will have a very long thought in the future

[r32godzilla]

Yes earlier,we would have to convince people as well as traders for making them to accept bitcoin payments.But now bitcoin is universally known.So no such issues.

Bitcoin is still out of reach of some governments and they couldn't actually trace bitcoin holders for taxation.Hence bitcoin still remains a safe haven.

[musharaf]

I think my investment in the crypto is more secure than any other investment i know that it is more risky than any other form of investment and it is more preferable for bitcoin lovers that they even in hard days they are willing to invest in crypto beside the value of bitcoin they use crypto for transactions.

[geminiboy]

A lot of crypto fans and investors are now worried about continuous bearish trend for Bitcoin price and other cryptocurrencies this year 2018. And now beginning to doubt  their initial commitment to the Bitcoin ecospace. A lot of people have forgetting the core idea behind the invention of Bitcoin. Most of us have forgetting that Bitcoin was created to challenge the established FIAT system where money can be printed without control and no regards for inflation.

This is entirely not the fault of most of us but it is because of the Bull run Bitcoin has enjoyed so far especially in 2017 where price reaches as high as $20,000. We all got greedy and forgot about the initial ideals behind bitcoin. We all want to cash in the same Fiat currency bitcoin is trying to challenge. This in my opinion is one of the reason why bitcoin price fell this year. We do not fully trust the crypto space yet.

Bitcoin is here to stay and will remain dominant for the future and I still consider it as the most secured investment in this digital age after gold. Below are some of the reasons why I think Bitcoin is a safe investment

1. Bitcoin has already achieved mass adoption though this is subjective . A lot people will now accept bitcoin payment without worrying about how to exchange it.
2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.
3. Bitcoin remains dominant in the coinmarketcap with 55% of the entire marketcap
4. Bitcoin current price is still higher than what it is this same time last year

Please I will appreciate if anyone can add reason why they think Bitcoin is a safe investment.

investment in crypto is all nothing safe, all have the risk of loss or loss, why do you say bitcoin will be the safest investment, you can see the history of 2017 when bitcoin reaches $ 20k there can be seen how many volumes of buying, and suddenly bitcoin slides down without control, you can imagine at that time the fate of people who buy at the price of $ 18k, they hold back hoping btc goes back to $ 20k again but what you see is now $ 6,738 btc price

[Pursuer]

those who have been worried about bitcoin's future are those who never understood what they were exchanging their fiat for. they bought bitcoin but they never bothered to check out what it is they bought and how it is working. they just bought it because there was a hype going on and they wanted to be rich.

bitcoin is not the safest investment at all, but it is a good investment since it has a good future and a lot of potential. the reality is that bitcoin is still in its early stages and can be considered a very young technology. and as it is with young technologies they are risky as an investment but full of potential for gigantic rises.

[Stephanie Fernandes]

I entirely agree with you. But I think if Bitcoin can stabilize more, it can be safer and many people believe in Bitcoin more.

[Jeffrey Tabicas]

I don't think so. Bitcoin is not safe investment because the price of Bitcoin has not never stabilized. The investors can not predict the future of bitcoin, so they have not dared to invest a huge of money in Bitcoin. I hope BItcoin will be stable in price, thus it can compete with fiat.

[Roberttran]

Bitcoin is considered the king of the crypto market. Without bitcoin the crypto would not exist. The entire crypto market depends on the price of the bitcoin. So I think investing in bitcoins will be the safest because altcoin is dependent on bitcoin.

[Thecryptocurrency09]

A lot of crypto fans and investors are now worried about continuous bearish trend for Bitcoin price and other cryptocurrencies this year 2018. And now beginning to doubt  their initial commitment to the Bitcoin ecospace. A lot of people have forgetting the core idea behind the invention of Bitcoin. Most of us have forgetting that Bitcoin was created to challenge the established FIAT system where money can be printed without control and no regards for inflation.

This is entirely not the fault of most of us but it is because of the Bull run Bitcoin has enjoyed so far especially in 2017 where price reaches as high as $20,000. We all got greedy and forgot about the initial ideals behind bitcoin. We all want to cash in the same Fiat currency bitcoin is trying to challenge. This in my opinion is one of the reason why bitcoin price fell this year. We do not fully trust the crypto space yet.

Bitcoin is here to stay and will remain dominant for the future and I still consider it as the most secured investment in this digital age after gold. Below are some of the reasons why I think Bitcoin is a safe investment

1. Bitcoin has already achieved mass adoption though this is subjective . A lot people will now accept bitcoin payment without worrying about how to exchange it.
2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.
3. Bitcoin remains dominant in the coinmarketcap with 55% of the entire marketcap
4. Bitcoin current price is still higher than what it is this same time last year

Please I will appreciate if anyone can add reason why they think Bitcoin is a safe investment.

I agree with the things on how bitcoin turns out to be the safest one. But then I believe that it is not 100% safe or not even the safest. It is still in the digital world wherein a lot are actually in the good go for bitcoin.