Is Bitcoin STILL Good Investment? (Think Again)

[superving]

Bitcoin and other altcoins are good investments as long as you bought them cheap and sold them at a higher price.  Bitcoin is good to buy at its current before the bull run , and what is good in bitcoin is its for long term investment.

[inthelongrun]

Bitcoin price dropped many times and people think it will continue going down and ending is near. It happened many times already and bitcoin always recovers. Last year I was too discouraged after losing hundreds of thousands of dollars, I sold most of them so I can have peace of mind. But later I realized that if I continued to hold most of my bitcoins I could've saved some instead of dumping them at the lowest price level.

[royalfestus]

This video makes the case why Bitcoin is in my opinion not only a good investment but the best investment you can make.

If you have already made up your why the topic with such a question tag. Bitcoin and few top coin in the coinmarket have small risk in investment. The worst you can see is 1335 days before you make profit in bitcoin. It has the liquidity, community and volume, though it may not have the use case one will expect from new crypto but it a reliable asset. It is suggested that 35 bitcoin Hold at this time is good decision for retirement plan.

[danherbias07]

Bitcoin got a boost when Chinese president Xi Jinping endorsed cryptocurrencies in a speech.   What all the bitcoin fanatics missed was that President Xi was talking about a CHINESE GOVERNMENT BACKED crypto, with all the benefits of the block-chain.    I would take a GOLD BACKED Chinese crypto currency any day over bitcoin which is backed by NOTHING.

Hard Facts

Do you really believe that bitcoin fanatics are that foolish to just make that assumptions.
We talked about that here after what happened.
We know that it is the blockchain which he is talking about an not bitcoin.
If ever bitcoin got a little boost from it then it is not the fanatics fault but the new ones who are jumping into conclusions without even making a research.

Don't just state something when you haven't even been around here for a long time.

[Hippocrypto]

Bitcoin price dropped many times and people think it will continue going down and ending is near. It happened many times already and bitcoin always recovers. Last year I was too discouraged after losing hundreds of thousands of dollars, I sold most of them so I can have peace of mind. But later I realized that if I continued to hold most of my bitcoins I could've saved some instead of dumping them at the lowest price level.

Don't decide dumping of an asset without any good purpose, but once you're temped to do it I guess buying back will follow. Realizing a mistakes will tend to set all things according to the potential of each and every holdings, before gaining the best and sustainable profit. Our investments will only be worthy, once greener days would happen again for the entire cryptocurrency world.

[Wexlike]

Bitcoin price dropped many times and people think it will continue going down and ending is near. It happened many times already and bitcoin always recovers. Last year I was too discouraged after losing hundreds of thousands of dollars, I sold most of them so I can have peace of mind. But later I realized that if I continued to hold most of my bitcoins I could've saved some instead of dumping them at the lowest price level.

Don't decide dumping of an asset without any good purpose, but once you're temped to do it I guess buying back will follow. Realizing a mistakes will tend to set all things according to the potential of each and every holdings, before gaining the best and sustainable profit. Our investments will only be worthy, once greener days would happen again for the entire cryptocurrency world.

Actually I was trying to diverse some of my Crypto gainz and put some money in stocks and bonds. But they all seem to be soo boring compared to our Rock'n Roll concert. Could've made 50% with some AMD puts, but it would still lose to the yearly increase of my Bitcoin holdings. Obviously, timing the highs and lows and trading based on that is a whole different game. I was talking about long-term without much trading involved.

[buwaytress]

I can think again and again, and I believe the same people will some to the same conclusions about Bitcoin, i.e., anyone whose mind is already made up can't change it, at least not for the foreseeable future (and that includes myself).

The more I see it though, the more I believe that those who see it as an investment first and all other things later, these guys tend to give up or change their minds more easily.

But those who see Bitcoin as money first, and investment perhaps a few uses down the line? There's very little to budge their opinion.

[piebeyb]

This video makes the case why Bitcoin is in my opinion not only a good investment but the best investment you can make.

Any additional insights in how to best relate this to those who do not yet own any Bitcoin is appreciated.

It is important we help as many people as possible find safety in this financial climate and $244 trillion global debt crisis.

Thank you

https://youtu.be/ubL2RDg37Wk

that's why I still hold it up to now and only sold a few to buy it cheap some time ago, maybe now I still continue to supply BTC in my bag, because I believe bitcoin is the best investment and history will repeat itself soon in 2020 - 2021 , at least take advantage of the current time when fools sell it cheap at the moment, by the way thanks for your explanation of the video

I hope so, the current decline is very good used as a momentum to continue to buy or collect bitcoin as much as possible, what as you say, even about halving before and in the future it makes me sure bitcoin will increase even higher in 2020-2021.

I don't want to give hope to many people, I say what I know many people don't realize about this, the price of bitcoin is down right now is their last chance to get more before people really can't afford it, I wrote this a lot in the forum and use an avatar to remind, at least there are many people who are still there for bitcoin until 2021, hopefully you will be there

[cryptoangel]

Bitcoin and other altcoins are good investments as long as you bought them cheap and sold them at a higher price.  Bitcoin is good to buy at its current before the bull run , and what is good in bitcoin is its for long term investment.

Obviously your points are acceptable, But most of the investors are mainly focusing short term profit so you said it is supporting to long term investors are make good profit. We know it is comfortable for both users and many peoples are expecting the future pump and dump because everyone fear the small fluctuation also so they ask the still it is good investment.

[Bagaji]

Bitcoin investment will continue to remain one of the best investment platform in which if you invest at the right time you will earn good return on your investment both within a short and long term. Please note that you are to invest in a "good time" which means there a time you invest and you will invest and it will turn against your position.

[wildan88]

I hope so, the current decline is very good used as a momentum to continue to buy or collect bitcoin as much as possible, what as you say, even about halving before and in the future it makes me sure bitcoin will increase even higher in 2020-2021.

I don't want to give hope to many people, I say what I know many people don't realize about this, the price of bitcoin is down right now is their last chance to get more before people really can't afford it, I wrote this a lot in the forum and use an avatar to remind, at least there are many people who are still there for bitcoin until 2021, hopefully you will be there

yes I see your post about repeating the history of halving, where it is quite reasonable and at the moment the price really hasn't moved up, so it's possible that after halving the price can make a new ATH. let's look at the campaign 2020-2021

[Wapfika]

Bitcoin investment will continue to remain one of the best investment platform in which if you invest at the right time you will earn good return on your investment both within a short and long term. Please note that you are to invest in a "good time" which means there a time you invest and you will invest and it will turn against your position.

It's the value of how early we start, like those early adoptors who are able to experience the pump of BTC, the price falls but it still recovering and gain even a little increase. As long as we can wait only time will tell if it's really a good investment. But for yes it's still a good investment,maybe risky but it's all worth it once bitcoin supply achieved.

[gogoi]

I can think again and again, and I believe the same people will some to the same conclusions about Bitcoin, i.e., anyone whose mind is already made up can't change it, at least not for the foreseeable future (and that includes myself).

The more I see it though, the more I believe that those who see it as an investment first and all other things later, these guys tend to give up or change their minds more easily.

But those who see Bitcoin as money first, and investment perhaps a few uses down the line? There's very little to budge their opinion.

You are right. I do find however that anyone who approaches wanting to understand Bitcoin with an open mind becomes a strong believer. The majority still have closed minds and will not take the time to discover what is behind the name.

[Reid]

Safety in financial climate? Hmmm.
But how are you going to push them into making a decision that bitcoin is the real deal?
Choice is still up to them. We could just lay down every positive features of bitcoin but yet they could still question it afterwards.
With FUD just hiding in the shadows they might back off even with all that effort.

I still think this is the era for the wise and those who loves risk but not for the weak heart.

[iv4n]

I can think again and again, and I believe the same people will some to the same conclusions about Bitcoin, i.e., anyone whose mind is already made up can't change it, at least not for the foreseeable future (and that includes myself).

The more I see it though, the more I believe that those who see it as an investment first and all other things later, these guys tend to give up or change their minds more easily.

But those who see Bitcoin as money first, and investment perhaps a few uses down the line? There's very little to budge their opinion.

You are right. I do find however that anyone who approaches wanting to understand Bitcoin with an open mind becomes a strong believer. The majority still have closed minds and will not take the time to discover what is behind the name.

Majority still have closed minds, you are right about that. We can see many of them even here on the forum, to not mention the people outside crypto community. Some of the people around me are not aware of bitcoin, about crypto in general, what is it, and what it can do.
The most funny thing is how they give advantage to fiat, but in a fact they don't know much about fiat either. They don't know who print the money, they don't know much about supply and demand.
New generations, and by that I mean about kids under 10 years old, will change that. They are more into internet things already, and for them money on the internet means more than cash in the hand. At least its like that with the most kids I talk about and how they play fortnight or some other games, and they need money there to buy items, skins, etc.

[barabarian1]

although at this time bitcoin is declining in value. but bitcoin will still be a better investment tool than stocks, gold or deposits. bitcoin which has high volatility can we use to gain profit. but to get this profit we have to buy and sell bitcoin at the right time. and also what makes bitcoin a good investment tool is its decentralized nature and also the limited amount will make bitcoin protected from inflation. and make the price more expensive in the future.

[audaciousbeing]

When it comes to investing in bitcoin, the only factor irrespective of how we might try to portray it is the volatility. And its even the simplest thing any noob can understand, there is no need to study chart of be good with economics of financial analysis just the volatility. The price is currently $8k+ which was lower than it was few weeks back and that also showed an opportunity that in few weeks to come, it could also increase. When you follow the market and not get greedy, you can make decent return on investment within a short period.

[Wysi]

although at this time bitcoin is declining in value. but bitcoin will still be a better investment tool than stocks, gold or deposits. bitcoin which has high volatility can we use to gain profit. but to get this profit we have to buy and sell bitcoin at the right time. and also what makes bitcoin a good investment tool is its decentralized nature and also the limited amount will make bitcoin protected from inflation. and make the price more expensive in the future.

Yes but it's a good investment if we buy at the right time and sell off at the slightest hint of dump of bearish market and I would say it's not the right time to buy as it's value is declining we need to be more focused and buy at rock bottom in order to gain better returns.

[inthelongrun]

Bitcoin investment is still good in my opinion. Few hours ago I tried checking the charts, which was my first time in few months. I now doubt that bitcoin will pump up this December. Based on what I saw, we will dip even further this December which I hope not (my trades were very bad 3rd quarter this year that prompted me to stop reading charts and trading). But it will start to rise again early next year and it will be another question, how long will it take and how high will it be. 2020 is a good year for crypto, I expect bitcoin to reach at least $12,000.   

[error08]

For bitcoiners who have realized about bitcoin in the future, there is no doubt will always invest in bitcoin, but bitcoin against crisis?
I'm curious as well, how bitcoin will going through the global recession, whether it will rise or fall with fiat currency.
There is a positive sign for bitcoin in the long term, that's why most of my funds in bitcoin and current price really tempting to invest more.