Bitcoin is a new investment

[Blackrain13]

Yes, bitcoin is very important for specially now that I don't have work because of covid 19. Bitcoin is really a great investment nowadays and it become more and more popular and valuable in crypto market.

[plvbob0070]

The question is subjective and, I agree with @J1mb0 because there are other good investments aside from bitcoin, but it's a good investment for people who can handle the market and knows how it works.

It depends if they have enough knowledge and can handle things, then Bitcoin can be a good investment for them. But I don't think everyone who's looking for income can deal with crypto especially if they don't know anything so they still need to learn first.

[carter34]

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

I don't think we can say it is the best but it is part of modern investment now. And it is profitable just as many other investment including the real estate too. General feeling is that cryptocurrency is an investment that many put in money because of the high volatility.

[Asuspawer09]

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?

For me, bitcoin is still a pretty solid choice for investment even at this time of the pandemic, at the time when the pandemic starts bitcoin experience a big dump where you could probably invest since that is a good opportunity.

But at this moment the market value is around 10,000$ to 12,000$ so I don't think it is worth investing at the moment, but for long-term investment, bitcoin is always going to be worth it investing. But in some countries bitcoin was already adopted comparing it to some poor countries and I think at that point it is worth investing because you could use it in buying things or other things.

I Prefer some stock trading or trading some altcoins, In my experience, it is really profitable trading altcoins in an exchange and a lot of company was worth investing,

[GeorgeJohn]

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?

Looking at the situation in ground bitcoin is an investment that profit people in terms of online investment, but not all people's that is interested on it investment because many have not understand it properly.

But from another perspective it's a currency that can help a country to stand a financially stable because it values doesn't lost or reduced like fiat, it can reduce in values but not as a paper money does. So it's advisable to invest in bitcoin if the person or Management of country know it's values.

[target]

Its a good investment for long term but its not really going to give you a daily profit unless you know how to trade or invest to cryptocurrency projects that will provide daily profits for you to live this pandemic.

While the economy are failling, the price of BTC may not be growing the way we see it back in 2017 after the halving like it will break the ATH. It will still end up like how much it is today til next year.  So far though its the best investment and hedge your money while there is no assurance what could happen in the future.

[Lorence.xD]

It is a half and half in my opinion. The reason for that is the price fluctuation is volatile that it becomes a double edged sword. It is still a good investment because benefits outweigh the risks (only if you do not hedge all your money in bitcoin, the risk increases). It has been an investment since its inception, the problem is that back then, there are few believers and a lot of skeptics.

[supine]

I agree that it is one of the best investment right now but people should also know that investing in crypto isn't a short cut to be a millionaire like what other people are thinking.
You wouldn't get an instant profit by just investing in it you need to wait if you are only going to hold it or you could make your own profit by trading it.
I remember that not so long ago people thinks crypto is a quick way to make money or it is an instant way to be rich we should open their eyes that it doesn't work that way.

[gurjasmeetsingh]

Yes,ofcourse it is a good platform to get good earnings in the future. All of one wants to make good  & enjoyful life.so we all are faced carona-19 in the world. In this period lot of people lost their  earnings source. So l think to improve our earnings it's a good source of income in future.

[maydna]

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?

I think bitcoin is the best investment, but I don't think people out there will have the same opinion as me because they don't know much about bitcoin, and even they learned about bitcoin, they will still think twice to invest in bitcoin because the price is too volatile. Perhaps, people out there still choose gold as the best investment because they don't like to see their investment volatility. But for people who aware of the new technology of the investment, they will try to learn many things about bitcoin, and they will invest in bitcoin.

In this pandemic, not many people will think about investing in any source because right now, they need money to lives, and they need to survive until the pandemic end. Instead of thinking about the investment, they will search for the money to lives and save as much money as they can to continue to survive.

[so98nn]

May be!!! But we can't be so sure about this. After reading through the thread it seems everyone just wanted to throw a happy face in the answer. I am guessing they just wanted to express it based on what bitcoin has offered until now.

But let's not forget, bitcoin is based on blockchain technology. It's a tech, and tech tends to upgrade as per the demands of surrounding.

Idk but over the time in a decade or so this tech could go out of space!! New tech with AI  back up could bring up whole new world of possibilities!!

What I mean is, bitcoin may not be permanent so choose wisely and keep the timelines little shorter.

[maxreish]

Yeah, been investing bitcoin two years now. Im not regretting it at all. If you accepted the risks of investing in such cryptocyrrency, you'll gonna have a smooth investment activity. But remember not to put all your money in one basket only. It is much better to diversify your investment, or make other investment in some stocks, etc.

Let's not close other investment opportunities.

[btc78]

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?

if your main intention to invest is to make money?then make sure you are ready to wait for much even long time since there are
 no assurance that you can earn instantly.remember that volatility is what made this market more attractive specially when
the hype of 2017 happen when people comes inside as they thought easy money can be here but most of them fails as they cant wait when
 the price fell more than half of their capital.

[mich]

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 the strongest cryptocurrency and there is no denying this just from MarketCap alone.

[rollingdice]

Bitcoin is a stable crypto? What? I don't think Bitcoin is the best investment ever, but it's a good long-term investment.

[TheUltraElite]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays.

Strong in terms of price and resilience to bear markets, agreed. But stable? Stability comes in question to volatility. Now the last few months bitcoin has been stable over the 10k USD mark. But if you see the last 11years of bitcoin, it has not been so stable in price. Time becomes a factor here.

Also, bitcoin is one of the promising investment in digital world.

Promising yes, but people need to be less stubborn about investments. They need to focus on all types of investments. In crypto though only bitcoin is enough. But other than crypto there are other sectors too. It is a battle between sectors as to what is bullish today and what becomes bearish tomorrow. Hence you need to keep assets in all classes. Going all in on one is a wrong move.

Since, peoples economy nowadays are unstable due to the pandimic situation in the world.

Dude, come on now, dont make spelling mistakes like these. Anyway, economics of the middle class working people are going to vary in this time but things have become normal in many countries and people have started to accept the new.

Peoples are looking for new source of income to improve their economy.

However, majority of people in your or any other country dont even know about crypto. How do you expect them to proceed from that?

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

No. There is nothing in the world called "best". Every asset class has is pros and cons. Like I said above, you need to distribute your capital in different asset classes and give weightage as per your own choice.

[Assface16678]

Bitcoin is one of the most useful in the digital currency and the people only enjoy the perks of it is the users who use this kind of coin just to make a lot of advantages than the traditional mode of payment.

There are few people, establishment, and business are adopting this kind of coin some of their reason are

More secured
Transparent
Less tax
No-hassle payment.

Also, I want to make sure that my funds are safe in terms of security in terms of value I think this we might have a problem because the bitcoin market price is volatile there is a chance you win a profit or lose because of the dump.

Invest are your own risk.

[witcher_sense]

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

From my subjective point of view, bitcoin is neither the best investment choice nor the best way to earn money. Bitcoin is different from everything people have faced before. That is part of the reason why they are keeping asking questions about bitcoin, it is too complicated to understand its inner nature and finally decide what bitcoin actually is. Is this a way to earn money? No, it is not. It is not a way to earn money, it is money. How do you earn money? You offer your skills and get money in return. You also can invest money to possibly earn more. When you buy bitcoin with, say, dollar, what you do is not an investment, but simply an exchange of soft money for hard money. If you are a rational market participant, you will tend to save your profits in a currency that is most valuable instead of exchanging it for weak currency.

[LimLims]

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 a good source of income and investment from way long back.
It's been seen at 2018 that, many people dived into cryptocurrencies trading for which the price of Bitcoins too rose high, and hit 20k USD.
So Bitcoin was already a greater method to earn money.
And i can also bet that, people should rather invest in Bitcoins than any Physical assets.
It's just a personal opinion, but i guess it will be truly fruitful.

[lienfaye]

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's price is not stable and thats the reason why some people are engaging to crypto, not to use it as currency but to take advantage its volatile nature.

Well anyways bitcoin is a good investment but just like other existing investment opportunity out there, it has risk and there's no guarantee of sure profit.

So anyone must do their research before investing to have their own understanding and prepared for the risk associated with it.