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Author Topic: Bitcoin is a new investment  (Read 2863 times)
Warkop
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October 05, 2020, 09:43:01 AM
 #41

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.
Yes, I agree with you, Bitcoin is indeed a very good investment for now, surely everyone will understand first to invest in Bitcoin, because I think people who invest in Bitcoin already know how it works and the risks. I am not sure some countries have invested their money in Bitcoin, because during this pandemic they need more money for their survival in this difficult time, except with people who have a lot of money there may be some people who have invested money in Bitcoin to long term, because they know Bitcoin has a bright and good future.

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October 05, 2020, 11:49:07 AM
 #42

I'd never say it was the best investment because of its high-risk but if you are looking into higher gaining opportunity, I have to risk investing Bitcoin as the well. But if you are afraid of the risk, doubted also that you were able to survive.

Bitcoin investment will be good depending on how you manage your funds. Some say they're just losing it is because they are not doing it well and just like many others have tried, not all of them went through in success, many also had been fallen.

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Alucard1
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October 05, 2020, 11:57:20 AM
Last edit: October 05, 2020, 01:21:59 PM by Alucard1
 #43

Bitcoin and any cryptocurrency are getting more important as of our current situation, there are many people who are now jobless and looking for any source of income and cryptocurrency would be the best idea for them because you don't need to go outside anymore just to earn money, you may earn online as long as you have good knowledge and experience on it. Investment in cryptocurrency is also a good idea but you should know first how risky to invest in crypto, it would be worst for you if you will lose your money in some investment especially if you dove have a stable job.
You should know these things first before investing,
Quote
here they are:
1. What is cryptocurrency?
Cryptocurrency is a digital asset use by many as a way of earning money, this is also good for having online transactions.
Quote
You exchange real currency, like dollars, to purchase “coins” or “tokens” of a given cryptocurrency. There are many kinds of cryptocurrencies. Bitcoin is the most famous, but Ether, Bitcoin Cash, Litecoin, and Ripple are a few others.
2. How does cryptocurrency work?
Cryptocurrencies are exchanged by people to people without a middleman. There is no government and bank relation in cryptocurrency, it is all your money and you are the only one who is responsible for using it.
3. Should I invest in cryptocurrency?
Well, this is the question before you invest, do you really believe in crypto? Do you have good knowledge about it then if you yes, you should invest in it.
4. Invest in confidence.
You should also know that investing in crypto is risky, you can lose your money on it because there is no assurance that you may earn from it because of the volatility of the bitcoin. You should be confident, don't be sad whenever unexpected things happen.

https://bitcointalk.org/index.php?topic=5279145.msg55299942#msg55299942

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October 05, 2020, 12:11:23 PM
 #44


in fact, of course there are many investments that can be made by everyone and of course habits that have been done for a long time. with the continuous advancement of technology that currently bitcoin can be one of the mainstays that may be most in demand because it is very potential and is able to make many investors glance at and put their capital in bitcoin because of its fantastic value.
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October 05, 2020, 12:15:49 PM
 #45

Bitcoin is still very volatile for it to be a stable asset. It might have periods of stability, but they are usually followed by violent moves. My OPINION is that cryptocurrencies are a no-brainer investment for pretty much everyone. At least for a few percentages of one's net worth. I mean the risk/reward is pretty asymmetric, but again everyone has their own risk tolerance.

I think people who are skeptic about crypto, should only put 1-10% of their net worth in, but don't expect the rewards to be the same. Wink
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October 05, 2020, 12:24:52 PM
Last edit: October 05, 2020, 12:34:54 PM by imstillthebest
 #46

not  one of the strong but it is the strongest of them all but you call it stable ? no its not the most but it can be stable on some situations . btc is not promising because i think this word promising is simillar to good to be true word , coins that are scam are only being called like that . btc income are realistic , you cant get easy rich on here due to its unstableness .

 what intrigue me the most is when you call btc a new investment  , you must be new here ?
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October 05, 2020, 12:27:06 PM
 #47

Of course bitcoin is an interesting investment opportunity to do and especially for millennials, and I see that in the country I live in, many millennials are involved in bitcoin or other cryptocurrencies to invest and participate in everything to earn or grow it.
and they make long-term investments on the grounds that they are single and raise money for wedding capital later, and there are already some of them who carry out luxurious weddings because of the results of bitcoin investments.

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October 05, 2020, 02:46:49 PM
 #48

Post covid-19 there is a massive increase in the number of cryptocurrency investors. This has happened as a result of true understanding about the market. People have been into cryptocurrency considering it the safe haven, because of the recent collapse of the entire stocks. In recent days people's preference have turned towards cryptocurrency for various reasons. First thing is the recovery of stocks, no stocks will recover same as cryptocurrencies. Second thing is the more large scale firms participation into cryptocurrency usage. Experts have also agreed on this and has suggested to have bitcoin in their portfolios.

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October 05, 2020, 05:19:47 PM
 #49

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 we talk about the current scenario, the future of people is on stake as it has become very difficult for them to find a day job and those who are working are not getting enough pay check. For them a source of side income has become a necessity so Bitcoin Investments can be the best option for them. It will provide them with fast and decent returns.
Undeniably, 2020 has been a good year for Bitcoin. Some dip was there but it came back on track again but they should keep in mind that Bitcoin is known for it's volatility so they should always invest wisely.
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October 05, 2020, 05:52:50 PM
 #50

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?
based on the little I know about bitcoin I can confidently say or propose that bitcoin is another new way of generating income and hence people are greatly advised to invest massively in cryptocurrencies.
I believe bitcoin as one of the most stable cryptocurrency in use now should be fully invested in by people
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October 05, 2020, 06:07:29 PM
 #51

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?

In my opinion, Bitcoin is one of the best choices among others for investment purposes. When we assume that we are talking about a long term investment, I don't think that any other currency can be profitable as much as Bitcoin. So, my first choice would be Bitcoin and the second would be gold. Because gold is a very strong option too. Especially in an economic crisis, there will be so many people who will prefer using Bitcoin and gold instead of fiat.

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October 05, 2020, 06:15:25 PM
 #52

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 can be said to be the strongest cryptocurrency because its actually the only cryptocurrency created with the intention of making a different and has years of trust. Others are created with mostly selfish interest especially those created in the last 3 years during the ICO/IEO ara and just passed DeFi season. Many would had thought as a result of the new coins coming into the spotlight that bitcoin should has lost that thrown as 'the most promising coin' by now but that's not the case.

The new coins are coming with no purpose that's why immediately after the hypes die down they vanish. Bitcoin has the support of the community so would always be the go to option when the cryptocurrencies market is concerned. In the next year's to come it'll still be the best investment options out there.

We saw how the recover spreed of the market was compared to that of other assets. Although currently the market is too volatile which led to it been one of the most affected market during the pandemic market collapse, it still has the best assets ROI of the year.

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October 05, 2020, 06:24:44 PM
 #53

I don't think bitcoin is the best investment right now, because when it comes to those who lost their income due to the pandemic at least they need quick returns and not for a long period of time like investing in bitcoin. But if you take advantage of the ups and downs of the prices in the cryptocurrency market, then it is the right way to get quick returns in this market and not a long term investment in bitcoin.

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October 05, 2020, 07:25:56 PM
 #54

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?

Its certainly a fair contender as one of the best Cryptocurrency to create a decision revolving a long term investments since lots of people already know Bitcoin and what it can do. The pandemic affects the Crypto Industry but its not clearly visible on what the effects are regarding investments. I cannot say that its new since people have already invested on it and they already harvested their fruit from Bitcoin.

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October 05, 2020, 08:46:07 PM
 #55

Looking at bitcoin is not a new investment because it was established since 2009 and since then people has been investing in it before it comes to knowledge of everyone that cryptocurrency especially bitcoin is a tangible business someone can adventure into.

In other hands bitcoin is like other businesses across the world, saying that bitcoin is stable, i don't think is a  truth because no one can predicts the stability or regulations of BTC in terms of price because no one controls it.

Emphasising on best investment, I vividly know that all investment is risk likewise bitcoin, but am not really sure or to advice Someone that Btc is best investment so far, because their is alot of lost and profit in bitcoin investment, which looking at it you will think otherwise, there is no different between going into business investment and gambling, because the possibility of the investment to crash is their and also the possibility for someone to loose is at hand.so therefore both is equivalent to prosper if only invest in right platform and its also based on determination of investor.

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October 05, 2020, 09:10:31 PM
 #56

I wonder if there is any statistics on Bitcoin price moves before the elections in the US... I guess there should be some correlation there.
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October 05, 2020, 09:40:27 PM
 #57

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

Yes, for those who have the ability to put some portion of their savings to bitcoin and understand the risks.

No, for those people that struggle with this pandemic. If we look at the whole, bitcoin won't help them directly*** to survive as they need instant money out of their works. You can't expect an overnight profit with bitcoin always and that mindset will just lead into failed expectations. Maybe in the future, they can consider now putting money on bitcoin after they become financially stable.

Bitcoin as an investment should not be taken as simple as 1,2,3 even how potential it is especially for those people who don't have an extra source of income or just basically have savings. Just by hodling, it might take a long period so expecting regular income here should not be prioritized.

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..CASINO....SPORTS....LOTTERY..
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MCobian
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October 05, 2020, 09:43:01 PM
 #58

Actually there are several investment options that can be used as a source of income to improve the economy, but nothing is as good
as Bitcoin is. And I agree with Bitcoin as a promising investment in the digital world, because Bitcoin shows that it can generate large
profits in 2017. So it is not impossible that history will repeat itself, then investing in Bitcoin must be done immediately, so that when
the Bitcoin price returns to an all time high price, we can make a large profit from Bitcoin.

But I don't agree Bitcoin is called a new investment, due to the fact Bitcoin has been used by many people for investment for more
than 10 years. But Bitcoin gained popularity in 2017/2018 when its price hit $ 19,000. Hopefully Bitcoin can return to its all time high
price soon, in order to give profit to holders. It would really help the world economy if it was true Bitcoin could return to a price of $ 19,000.
Because there will be many people whose economy is getting better with the price of Bitcoin rising.


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Bitcoinislife09
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October 05, 2020, 09:59:56 PM
 #59

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?

In my opinion, bitcoin is still a good choice of investment when your just looking at the long time investment as we can see the community is adopting into a cashless society where everything is automated that could make bitcoin a big opportunity to be a good choice to the digital transaction for every people. The Bitcoin market price might not be as good or low for investment but if you are looking for a long-term investment the Bitcoin is I think the best investment that you could make.
Inkdatar
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October 05, 2020, 11:30:28 PM
 #60

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?
It is the most promising investment these days since bitcoin is totally growing in this industry. But, you have to remember that bitcoin is not a quick investment that when you put your money here it will grow right away. Actually, I have no doubt in bitcoin there's more opportunity to earn money all you have to do first is understand how it works before you invest.
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