Bitcoin is a new investment

[sapnu]

There are actually lots of ways of investing when it comes to cryptocurrency especially using bitcoin. It actually becomes famous when the price of bitcoin really pumps up and reached its highest value reaching $20k in 2017. That was actually called the golden era of bitcoin. There are so many investors at that time that they are lending their money into some ICO or some trading sites just to make it bigger and gain more profit. They are willing to risk their money to gain profit, up until now there are still lots of investors who are risking their money on cryptocurrency. It's just a matter of knowledge and understanding about cryptocurrency on how it works so that you can actually consider lots of things for you to avoid failure such as scams.

[3meek]

I believe Bitcoin is able to restore the economy, seeing that it is performing very well compared to other investments. In fact, I have proven
myself that Bitcoin can be used as a new source of income in a pandemic situation like now. I bought Bitcoin when the price dropped below
$ 8000, and it did recover quickly, now it is at $ 13,100. In just a few months I invested in Bitcoin and managed to generate huge profits.
So I quite agree that Bitcoin is the best investment for making money right now.

Why do people keep on saying it will help to restore the economy? Well, how is it going to help? Or are you saying that "you" making some profit by investing in it helps the economy to grow? Not really. Just making profits from investing in bitcoin won't stimulate the economy to rise. For sustainable growth, we need productivity. If you are making all the profit, but not utilizing it to increase production of goods or anything, nothing will happen to the economy.
And don't forget, the price of crypto currencies don't always rise steadily. There is volatility.

Bitcoin will not help to restore the economy! But it can save some people's money from inflation! Treasuries in many countries print a lot of extra money to support the economy... Purchasing power is shrinking ... And Bitcoins are only 21M coins, and no one can print more than 21M!

[sarmrakib]

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 best investment always but you have to wise before put your money  on crypto cause its a high volatile market that's why you can loose your all money without getting any profit .You have to study on market and follow the news as well what i do actually it will be  a better way to enter the market .Don't invest your whole money jeep some on hand and enter the market for getting profit with high ratio.

[J.Amador]

Yes it is a good investment to everybody because you can buy a bitcoin token a smaller amount and you can sell it in a higher value that's why  IFf someone can give opportunities to join in that business I will surely willing.

[tanef478]

The main disadvantage of the fact that major players decided to invest in bitcoin was the growing dependence of the crypto market on external factors. One of these factors is the publication of corporate reports. In particular, for quite some time, analysts have noted a correlation between the BTC rate and the S&P 500 index.
In July, major corporations published their second-quarter reports - they showed a decline due to a drop in business activity due to the coronavirus epidemic. Which led to the fall of BTC.
Another factor that determines investment in bitcoin in 2020 - 2021 and its prospects is competition with other cryptocurrencies. The main competitor of BTC is still Ethereum. According to many experts, Ethereum is globally undervalued and therefore may even catch up with bitcoin in terms of capitalization in the future. From January to July, the difference in capitalization between the two currencies decreased from 10 to 6.3 times. At the same time, the bitcoin exchange rate against Ethereum increased by 37% over the same time, which allowed investors to earn on this pair.
In the second quarter of 2020 alone, $10.17 billion in transactions were made through Ethereum-based DeFi apps, and the number of active users increased by 97% to 1.25 million. As a result, Ethereum has become the most popular blockchain platform for deploying DeFi.
But despite these factors and the growing popularity of altcoins, investments in bitcoin are still the most secure and predictable in the crypto market.

[mung_nasib]

yes, when governments make decisions to limit their interactions, it will be difficult to generate income from there the bitcoin opportunities for the general public known as a place to earn income at any time and economy of the population is still assured.

[asus09]

I have try many time of investment but only bitcoin look very profitable than other investment like property investment, gold investment and other investment, with bitcoin investment we can increase and get much profit with short term, maybe for property we need waiting more than three until ten years to get much profit but for bitcoin just waiting one month or one week to reach maximum profit, when have good news we can get above 50% of profit from bitcoin investment.

[NelfiNovita]

Bitcoin is not the newest investment place because investors have been using bitcoin to invest for a long time.
in my opinion, it is not only bitcoin that promises to be invested at the moment but there are some altcoins that have a pretty good price to invest in such as, ETH, Uniswap, BCH, Litecoin and many others, we can see at https://coinmarketcap.com.

[nemey]

of course bitcoin is the right choice for infestation when the world economy is down due to the Covid-19 pandemic, because the price is always good and it's not too difficult for beginners but you still have to always learn so you don't suffer losses. especially when everyone has to keep their distance when doing business but not for this investment business.

[newwest]

Bitcoin is not the newest investment place because investors have been using bitcoin to invest for a long time.
in my opinion, it is not only bitcoin that promises to be invested at the moment but there are some altcoins that have a pretty good price to invest in such as, ETH, Uniswap, BCH, Litecoin and many others, we can see at https://coinmarketcap.com.

Bitcoin for many billionaires might have become new investment option during lockdown when other markets were falling some of them route their money in crypto space and seeing the growth and results now, they may be in for more investment. We also saw how some billionaires who were negative about bitcoin growth are now investing in it.

[husin666666]

Bitcoin has revolutionized and flourished in the world of financial markets and I think in the coming period we may see a large investment in bitcoin

[franch]

Bitcoin is always a great investment, very interesting and the leading coin of crypto, in short, people rely on bitcoin more than any other coin, so if you only plan to invest in trusted money, it's safer than investing in a new one.

[TaoAnLong]

Honestly it's probably a long way until it will be a proper investment (outside of speculation).
Yes, companies (e.g. paypal) and fonds are investing in it, but until there is a way to reclaim "lost" coins, it won't be attractive enough to be a supplement for gold. (Apart from the fact, that gold is in itself worthless and has only the value we assign it)

[Dsdaq]

The decline of  BTC exchange balances signals reduced selling pressure, it’s a sign that new buyers are coming in to scoop coins off the markets and move them into cold storage HODL, and we are seeing new HODLers right now. Very macro bullish.

With so much demand, especially from institutional investors like Grayscale and Microstrategy, it might just be a matter of time for the world’s flagship crypto to jump the bullish wagon in the long term.

[shide2020]

It can't be a new investment, people have been benefited from bitcoin invest for long period of time. But me just get to know about bitcoin invest last week and i quickly take advantage of it but am new in bitcoin investment.

[EmJay]

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, I do consider bitcoin as one of the best choices for investment nowadays especially if you are considering long term investment.  Bitcoin is number one cryptocurrency  since then. And yes I agree that it is the most stable cryptocurrency . I believe also that it will grow bigger in the future.

[shide2020]

Bitcoin is always a great investment, very interesting and the leading coin of crypto, in short, people rely on bitcoin more than any other coin, so if you only plan to invest in trusted money, it's safer than investing in a new one.

And it required patience and intelligent person to invest into bitcoin.

[XCANA]

I don't think Bitcoin is a new investment for now. because Bitcoin has been around for a long time. Indeed, he is much younger than gold or online stock investing. But it has been a long time since Bitcoin survived in the investment world.

For an investment to be new we should be mentioning 3 to 5 years of age and not that of an investment that's upto a decade. The Bitcoin investment is one of the very best investment in my honest opinion, the history of Bitcoin price has showed that it's the best among the golds and silvers. Even the stock market can't be compare to Bitcoin investment as at the moment.

[mezzaluna]

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, I do consider bitcoin as one of the best choices for investment nowadays especially if you are considering long term investment.  Bitcoin is number one cryptocurrency  since then. And yes I agree that it is the most stable cryptocurrency . I believe also that it will grow bigger in the future.

Bitcoin already had another wonderful article on how it started from scratch and now reaching $18k-$19k US Dollars. If Bitcoin keeps on having this kinds of news revolving around, it would surely attract new investors thus affecting the value of Bitcoin. It would be beneficial to have Bitcoin studied by governments if they want to use it as another form of their financial support system. Investments on Bitcoin should be possible on multiple websites and not on just known websites that can only be accessed by people with knowledge regarding Cryptocurrencies.

[Sithara007]

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?

So many contradictions in this post. Obviously Bitcoin is a "strong" cryptocurrency, because it is the original cryptocurrency that was invented by Satoshi Nakamoto in 2008. All the other altcoins, including ETH and LTC have stolen the basic idea from Bitcoin.

Now how do you define "stable" bitcoin. Going by the exchange rates, Bitcoin has been anything but stable.

I agree that a lot of people are looking for a new source of income. But the income won't come directly from Bitcoin. It will come from other activity such as mining or freelancing, the salary for which will be paid either in BTC or fiat.

IMO, Bitcoin is a very good investment asset right now. But the OP hasn't given any of its merits, which makes BTC suitable for this purpose.