Bitcoin is an investment

[ShowOff]

OP, your investment today is $ 9.8 and that's a small amount to question the community. It doesn't matter if you sell it now because you can still get more bitcoin for a lower price. Wait for the right moment to buy and sell it at a higher price and in my opinion it will make your investment value much better than now. But in fact you have missed the best momentum to sell bitcoin so that your current investment value has dropped.

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[adamhenry]

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

You have experienced the profit possibilities with bitcoin. If you have extra funds available and you invest them in additional bitcoin when possible, the future profit possibilities will increase with each additional purchase.

[Jaycee99]

Yes, Bitcoin is a total investment it was said the market for today's bitcoin is going up I would suggest IF the price hits 19k again,  do bitcoin harming but if does not hit 19k in a few months or 20+ maybe a long term investment would be good if you're not into trading.

Here's a scenario where I think I can explain better rather than the first words/phrases I said.

1. In trading you really need to learn, if you are one of the people who want to earn and learn in a small way trading is the best option.

2. but if you have the money to go in for bitcoin farming why? yes, it expensive but for normal people or rather miners, I would calculate from the year 2017 to present 2021 you could have possibly earned 2000 USD to 4000 USD. buying big equipment for mining a worth of investment. later on from the 2000 or 4000 USD, you can possibly get what you need and want. Let's say 2 GPUs would be enough for the worth of money I mentioned.


Still, mining and trading depend on the market so from what I saw you need to gamble and have faith(with knowledge ) and one thing for sure bitcoin is a real investment.

[Connortu]

In such a trend that still has huge room for development, as Bitcoin is known and accepted by more people, I think it is entirely possible for Bitcoin to become the gold of the Internet or virtual world.

[Jacobby]

When you buy Bitcoin and put it in your wallet, you can get benefits. For me, Bitcoin is a good investment.

[Question123]

Investing in bitcoin is good don't mind to others people who laugh about what you are doing because in the end of the day you will earn money by trusting more in bitcoin. But the answer is up to you if you want to withdraw your bitcoin because that is your coin but I will recommended to hold it more because it will rise the value and better to invest more to the bitcoin.

[Stedsm]

If it's actually BTC0.0003 you've bought, I believe you shouldn't even bother looking at it till BTC hits $100k or even a million because BTC0.0003 is seriously not a value to worry about and you can definitely hold longer as compared to those who had tens of thousands of BTC and are still holding.

[angrynerd88]

Current market cost isn't reliably expanding and with that being said, holding, alone, isn't sufficient to pick up benefit. You ought to learn how to purchase amid moo advertise cost and offer at whatever point the cost is tall. In such way, benefit will be greater than to fair lay down and hold up for things to happen. I do appreciate your courage to invest with the money you have got back at that point. Bitcoin could be a great speculation, but speculations are distinctive from resources or basically, you may make choices in arrange to maximize the benefit from your speculation.

[sapnu]

Investing in bitcoin is good don't mind to others people who laugh about what you are doing because in the end of the day you will earn money by trusting more in bitcoin. But the answer is up to you if you want to withdraw your bitcoin because that is your coin but I will recommended to hold it more because it will rise the value and better to invest more to the bitcoin.

Indeed, bitcoin is a really good investment, just imagine if you bought some bitcoin at a time that the price is not really high just like today, you may be a millionaire as of now. There are some people that are still thinking that bitcoin is a scam, we all know that it is not. There are some projects that are requiring bitcoin as an investment and they are risking their money even if they lack knowledge about everything that is important, and when they lose their money because of that, they are thinking that bitcoin itself is a scam.

[valax87529]

Bitcoin should be treated like gold. Continue to invest in it and hold on to it long-term.

[Rana590]

If you don't feel an urgent need, it's best not to sell bitcoins now.  Bitcoin prices will rise much more in the future.  In that case you can hold Bitcoin now for big price.

[Asuspawer09]

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

Bitcoin was a good investment because of the limited supply/high demand in the market and great digital technology as well. investing last year in November was still a good investment considering the pump up to 40k$.

However, 0.0003 was just a small amount of money the lower your investment the lower your profit is gonna be if you want a higher profit you need to buy a higher volume to multiple your investment.

I would recommend for you to invest more for higher profit don't sell yet probably the fee in withdrawing is high and the fee was your entire investment already.

[Renampun]

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

*if this is your investment then just HODL...
btw, Where do you HODL your Bitcoin, in a private wallet, or an exchange? if you put it on an exchange then just leave it there because the Bitcoin withdrawal transaction fees that are charged on almost all exchanges are very large at this time.

[romero121]

There is different use with bitcoin, it is developed for specific purpose and now it has got multiple usage. Some prioritise it as an investment, some give importance for large scale transaction needs, some use it for the gambling needs and the usage keeps counting. In whatever way we use, the rest we keep hold serves as an investment. This is where the bitcoin is better than having a fiat based investment.

[taufik123]

Indeed, bitcoin is a really good investment, just imagine if you bought some bitcoin at a time that the price is not really high just like today, you may be a millionaire as of now. There are some people that are still thinking that bitcoin is a scam, we all know that it is not. There are some projects that are requiring bitcoin as an investment and they lack knowledge about everything that important, that is why they are thinking that bitcoin itself is a scam.

The people who still think bitcoin are scams, of course they don't keep up with technological developments. Bitcoin is the most valuable digital currency asset today. Many companies and agencies started buying bitcoin until the price hit a new ATH of over $ 40k per Bitcoin. Bitcoin can be developed and used by any project and anywhere that can be profitable or detrimental with many scam projects. Actually it is not bitcoin that is said to be a scam, but a project run by a scammer who is considered a scam. Bitcoin is just a tool for a project.

[TheUltraElite]

if it's investment money I think you can use the money to become a bigger profit. look at the price of btc has increased, you can do things that you think are able to multiply your profits to be bigger. isn't that a good idea for now

Multiply that small fraction of bitcoin into something big? Yeah right you would need a 1000x profit multiplier on that to get something worth your time.

The amount of bitcoin that has been bought by the OP is very small. Something close to what the bitcoin faucets used to dispense at one time. If they are serious of making money, OP would buy more coins when they have money at hand and the price is low. Investing should be done with a decent capital, not something just to make fun of others and show off - thats called bragging and the diligent investor never brags about their profit.

Dont buy at this price though, unless it becomes the next stagnant price level of bitcoin.

[Pattiefll]

You've already earned some income from these bitcoins, and it's up to you to decide. But I suggest not to sell it. Prices may rise in the future.

[Oshosondy]

The people who still think bitcoin are scams, of course they don't keep up with technological developments. Bitcoin is the most valuable digital currency asset today. Many companies and agencies started buying bitcoin until the price hit a new ATH of over $ 40k per Bitcoin. Bitcoin can be developed and used by any project and anywhere that can be profitable or detrimental with many scam projects. Actually it is not bitcoin that is said to be a scam, but a project run by a scammer who is considered a scam. Bitcoin is just a tool for a project.

About the issue of scam, even bitcoin is not linked to most of the scam, most are linked to ICO, IEO, DeFi projects, blockchain attacks, dApps, classic exit scam and many phishing attempts that led to crypto loss. Many of these and many more and not linked to bitcoin. Bitcoin is not ponzi, it has strong and unbreakable blockchain with open source codes and decentralized design. Nothing alike scam about bitcoin, it is legit and fully legit.

[kotajikikox]

You've already earned some income from these bitcoins, and it's up to you to decide. But I suggest not to sell it. Prices may rise in the future.

If you are not in need , why sell ? this was investing and not trading , it is clearly mention in the Title that "Bitcoin is an Investment " so lets stay on that topic .

also i don't know why so many people are wishing to use Bitcoin for their trading activities when there are many currencies available other than BTC that moves faster and can possibly make their trading more functional than Bitcoin that moves sometimes like a Turtle .

Bitcoin should be treated like gold. Continue to invest in it and hold on to it long-term.

on this ? + 5 i am.

[winterlemon912]

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

Top Trading Strategies for Bitcoin
One that is ideally aligned to your own individual objectives, risk appetite and available capital is the best bitcoin (BTC) trading strategy. However, with bitcoin traders, there are a few strategies that have become common. They include:
1. HODLing
2. Hedging
3. Trend trading
4. Breakout trading

HODLing- Perhaps what's widely known as 'HODLing' or 'holding on for dear life' is the most popular bitcoin technique. In 2013, when bitcoin's price was dropping and a user mistakenly typed'hodling 'rather than' holding 'to suggest that he would not quit his spot, the word was coined fist. Since then, it has developed into a strategy that revolves around holding a long position on bitcoin in the hope of growing values over the long term and returning to the 2018 peaks. Bitcoin, however, is notoriously volatile, which means that losses may result from this strategy. This is why, without a strict risk management plan in place, the technique is rarely recommended.

Hedging- If they assumed that there would be a short-term decrease in the market price, individuals who already own BTC might consider hedging their bitcoin risk. In order to minimize or remove the exposure to current positions, hedging is the process of opening strategic trades. In this case, by opening a place to short bitcoin, which entails selling the asset for the current market price in the hope that it would fall, you will hedge an established holding. You will then buy it back for the lower price and benefit from the difference if the stock price had plummeted. This would mean that any loss on your original bitcoin holding would be compensated by your short bitcoin trade's benefit. There are a few financial instruments that traders can use to hedge their exposure to bitcoin, but a large majority of traders prefer to hedge difference contracts (CFDs). So, unlike conventional short-selling, which would require borrowing bitcoin to sell, you would never need to sell your bitcoin to put a short sale.

Trend Trading- One that hits consistently higher highs or lower lows is a trending market. The technique is acceptable for various timeframes, since you basically keep your place open for as long as you think the pattern can continue, whether it's hours, days, weeks or months. Bitcoin itself is, for many, a movement. In 2017, it experienced a massive rise in popularity, which caused it to hit a peak of $ 19,763.50 that year in December. The driver of the movement was that the next big thing, feeling what is known as FOMO, or a fear of losing out, was not to be missed by people. It is important, as such a common market, that trend traders stay up-to-date with any news and events that could affect their price.

Breakout Trading- In a pattern, ready for the bitcoin price to 'breakout' from the previous range, breakout trading means joining the market as soon as possible. The strategy is based on the assumption that significant volatility will start once a market breaks through a main support or resistance stage. In order to ride the trend from start to finish, Bitcoin traders will therefore aim to enter the market at these main points. Bitcoin traders will also use volume levels as validation signals and technical indicators, such as the RSI or the moving average convergence divergence, to define support and resistance levels (MACD). Once you have defined these levels, you may open up a role. Tell that bitcoin is actually trading between $11,000 and $11,050. Your technical analysis shows that it will break into an upward trajectory once it reaches the $11,050 price point. So, when the market rises to $11,051, you plan to place an entry order to open a long CFD position. Your CFD will be executed if the price rose to this amount and you could ride the bitcoin trend before your research showed it was going to reverse. Your bitcoin place will never be enforced if the market price did not ever reach the $11,051 stage.

Source: https://www.ig.com/en/trading-strategies/best-bitcoin-trading-strategies-and-tips-190813