Bitcoin is a new investment

[Wyne]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

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[Ayiranorea]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

Yes, bitcoin is getting importance as the new money and new form of investment, because around the globe the usage of bitcoin on trading has increased in large difference compared to the past during this pandemic. During the pandemic there is more and more job layoffs and salary cut. This has made a big change in people's economic life, and people have begun to look for better earning possibilities. This has made people to move to bitcoin as a new investment.

[AicecreaME]

Bitcoin is a good investment if you know how it works. Investing on it without having the knowledge about it will just make your investment lose profits in the long run. During this time of pandemic, some countries already invested their money and future in Bitcoin, and soon enough, I believe all of us in the whole world will appreciate Bitcoin and will start cashless society.

My only advice is that if you're planning to invest in Bitcoin, don't put it all in because it might go down again before flying to the moon.

[Kupid002]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

Alternative option to earn yes bitcoin is good to make money not only by buying it you can also use bitcoin to trade different crypto currency which can also give you income in terms of USD value by trading it daily.

Holding it is just another option which can give you potential income someday  if the adoption will increase and pull the price up then you gain profit for that by just owning bitcoin.

[Mahdirakib]

Bitcoin investment isn't a way of earning money in the short term. People can make passive income through crypto trading quickly but there is no surety. For trading successfully they need to obtain good knowledge about crypto market. It's not an easy task. If people facing economical problem for this pandemic and thinking to invest in bitcoin, I won't suggest them. Cause the investment can't solve their economical crisis shortly.

[Latviand]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

Yes, bitcoin is getting importance as the new money and new form of investment, because around the globe the usage of bitcoin on trading has increased in large difference compared to the past during this pandemic. During the pandemic there is more and more job layoffs and salary cut. This has made a big change in people's economic life, and people have begun to look for better earning possibilities. This has made people to move to bitcoin as a new investment.

Instead of working too much, some people invested in bitcoin as a sideline.

Due to unemployment, bitcoin becomes a possible way to become sustain our needs in everyday lives. With patience and knowledge, bitcoin will surely be an effective asset to utilize in the market even if it is volatile. This cryptocurrency are having a large trading volume in the market at mid 2020 due to its partial increase in its price.

This new investment really becoming more popular due to an increasing number of bitcoin fan and unemployed citizen.

[claire_lovely]

I think it is one of the best holdable investments. I mainly transact with it though and don't do any long term holding.

[Taskford]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

My answer for that is yes and no.

Yes since it could give us big profits compare to the other traditional investment and over the years the potential that our money will grow is so high since this is being well adopted over the years.

And no because we need to be more knowledgeable on this industry since even if it has high potential to earn but still the chances to lose is so high also due to volatility and other scams around that's why we need to know more thing on it to avoid such unnecessary losses and to assure that we are going on good investments only.

[hatshepsut93]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

Do you seriously believe that Bitcoin is stable? Have you seen the charts? You're even contradicting yourself, because if something is stable, it's not a good investment because it doesn't grow.

And to answer your question whether Bitcoin is a good investment or not, Bitcoin is risky, it has always been and will be for a long time. Many investors don't like taking risks, they prefer calculating the most likely outcome and just make profit by being consistent over long periods of time. So, Bitcoin is not a universally good investment, it's a good investment if you can afford the risks and know how to trade on volatile markets.

[amishmanish]

--snip--
Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

Purely from the perspective of the pandemic, bitcoin may not be the most suitable investment for a person depending on which part of the world he lives in. The pandemic made it all the more important for people to have access to liquid cash in case things go south. (To be honest though, when things are going really bad with hospitals overflowing and no ICU beds, money isn't going to be much help).

As a source of income though, not just bitcoin but all the latest hype cycles can actually be a source of income. Even the development and bounty jobs offered by various projects can be good source of income. All of this has been enabled by bitcoin due to the solid support it gives to the whole ecosystem. So, if you are only looking for an investment considering the pandemic, a person would be much better off earning bitcoin than simply buying into it. Buying is a long term thing and should be done with excess investments funds.

[proTECH77]

Many people are giving Testimonies about Bitcoin exchange in the market which it has favour many people who invested on bitcoin. Even right now many countries are still talking about bitcoin profit compare to other cryptocurrencies, that bitcoin is now more popular in the areas of investment than others cryptocurrencies.
I guess bitcoin is not a new investment to some countries who really enjoyed the benefit of bitcoin investment  and made it legalized in their country.

[Sapphire915]

Yes. I believe that Bitcoin is a great form of investment nowadays. People are much into digital world now and we can see a lot of growing individuals are already into trading especially here in my country and other blockchain jobs. So I guess, this numerous people that are now spending their whole time in Bitcoin world across the globe, only shows that Bitcoin is a great investment that we could have. We just need to learned everything about it so we could get more profits beyond expectations.

[sunsilk]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy.

It is the strongest crypto.

Do you think bitcoin is the best investment choice nowadays to earn money?

We have our best in terms of investment. As a holder, I'd say that it's the best for me but it couldn't be for others who are good with real estate. It's going to be bias but let's rely on the opinion of everyone and we're in a bitcoin forum so expect to see answers favoring bitcoin.

[simona.eu]

Let me just put the status of Bitcoin as an investment in today's perspective.

The table below shows more than 20 institutions, including two prominent fund companies, that owned bitcoin via Grayscale's trust as of June 30.

	Institution	Assets Under Management (by firm)	Amount of GBTC ($000)
	------------------------------------------------------------------	------------------------------	------------------
	ARK Investment Management LLC	$4,476,259,838	20,226
	ARKW - ARK Next Generation Internet ETF	$4,476,259,838	17,136
	KINETICS PORTFOLIOS TRUST - Kinetics Internet	$5,348,552,762	15,284
	KINETICS PORTFOLIOS TRUST - Kinetics Paradigm	$5,348,552,762	13,995
	Arkadios Wealth Advisors	$626,987,454	9,071
	KINETICS PORTFOLIOS TRUST - Kinetics Market	$5,348,552,762	4,285
	Corriente Advisors, Llc	$263,431,194	4,201
	KINETICS PORTFOLIOS TRUST - Kinetics Small Cap	$5,348,552,762	2,187
	Addison Capital Co	$626,987,454	1,520
	IFP Advisors, Inc	$3,495,076,000	1,401
	KINETICS PORTFOLIOS TRUST - Kinetics Global	$5,348,552,762	1,114
	Slatestone Wealth, Llc	$1,040,861,617	509
	Fny Investment Advisers, Llc	$2,939,539,442	336
	Boston Private Wealth Llc	$13,315,703,119	249
	Rothschild Investment Corp /il	$1,440,528,814	235
	Bcj Capital Management, Llc	$263,431,194	138
	Formidable Asset Management, LLC	$467,678,888	123
	RFIIX - Rg Tactical Market Neutral Fund Institutional	$10,591,978	90
	RENN Fund, Inc. (managed by Kinetics)	$5,348,552,762	39
	Horrell Capital Management, Inc.	$323,093,655	29
	Heritage Wealth Advisors	$2,269,445,793	11
	Sterling Investment Advisors, Ltd.	$445,643,881	11
	Verus Capital Partners, Llc	$640,498,405	8
	Front Row Advisors Llc	$200,798,781	5
	Edge Wealth Management LLC	$933,616,108	4
	Nvwm, Llc	$282,598,645	2

Source: https://www.forbes.com/sites/michaeldelcastillo/2020/08/06/valuable-sec-data-on-20-institutional-bitcoin-investors-could-soon-disappear/#2ee682911de2

[F_Societys]

In my opinion, it depends on the conditions of the country.
In a place like the UK, I think bitcoin can be a good way to invest.
But in a country like Iran, the best option may be oil and gold, because the price of bitcoin is in dollars and each dollar is a few tomans.
In this situation, someone who invests with Bitcoin seems to have invested in two things (dollars + bitcoins) and this risk is very high.

[Kupid002]

In my opinion, it depends on the conditions of the country.
In a place like the UK, I think bitcoin can be a good way to invest.
But in a country like Iran, the best option may be oil and gold, because the price of bitcoin is in dollars and each dollar is a few tomans.
In this situation, someone who invests with Bitcoin seems to have invested in two things (dollars + bitcoins) and this risk is very high.

I don't understand how people will be invested in USD and btc if they only want is to buy bitcoin? Is Iran doesn't have thier own exchange that people can convert it  to thier own local currency?

Are USD and your local currency has a big difference in conversion rate ?

[kryptqnick]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

Bitcoin is not a new investment, unless 10 years is still new. Moreover, while Bitcoin is very popular and strong, it's definitely not the most stable digital coin, as don't forget that Tether exists and is quite popular. Not to mention that investing in something stable doesn't make much sense as you're not likely to win or lose, whereas BTC volatility is exactly what makes it an attractive short-term and long-term investment. Bitcoin is not the best choice to earn money because it's a risky investment. If one needs to earn money, one should find a job that has a salary. Bitcoin is not a substitute for that and is not a magic pill that will solve every problem.

[Becky666]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

Sure, you're right but not for weakhands. Bitcoin has been the best investment I have ever seen in recent times because it has the ability to make good increase for investors around the world. For anyone who want to make investment with Bitcoin should do that on the basis of long-term. The only way around this technology is to have a long-term investment which can fetch good profits at the end of the investment. Although, the Bitcoin you see today as stablecoin can work miracles with it volatility, so, carefully watch your actions.

[Fundamentals Of]

Bitcoin is not just one of the strongest cryptocurrencies. It is the strongest. But you are definitely wrong to say that Bitcoin is the most stable cryptocurrency. Bitcoin is not stable. It has never been stable really. If you want a stable cryptocurrency, then you shouldn't be buying Bitcoin. You should be buying stablecoins such as USDT or BUSD. They are cryptos whose values are based on fiat.

It doesn't go well if you describe Bitcoin as stable and also call it a promising investment at the same time. For it to be a promising investment, it should not be stable. Its value should be rising.

[J1mb0]

Bitcoin is an investment in search of profits, and many people have made a lot of money from bitcoin. However we cannot say that bitcoin is the best investment because the cryptocurrency market is always volatile, it is very easy to lose money without experience in this market.
For those with knowledge and experience Bitcoin is a good investment, but it will be a nightmare for the new and inexperienced.