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Author Topic: Why should i invest in bitcoin or other cryptos ?  (Read 1228 times)
Mauser
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March 04, 2021, 09:23:35 AM
 #61

Nowadays the potential of profits when investing in bitcoin is higher than when buying a piece land. Furthermore, to make profit with your land you would still need a big investment besides buying it to turn it into a profitable activity and a lot of personal effort.

With bitcoin it's different. You just buy the amount of coins you wish, it can be a big or a small investment, and wait until they increase in price.

However I'm not saying to buy a land is a bad investment. Actually it's a very safe and desired one, but the point is that it's not so simple and cheap like buying bitcoins and other crypto. If you have financial conditions just go for both options: crypto currencies and lands.

That is a pretty strong argument to go into cryptos instead of real estate. I agreed with you. We have ultra low interest rates for almost 15 years now, loans have been so cheap for ages, which makes buying land so expensive. Everybody wants to own an apartment or house because you get money for free these days. That is also why house prices have been rising for the past 20 years without dropping at all. Even now with corona the prices are not falling.
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March 04, 2021, 10:22:59 AM
 #62

You can take advantage of crypto investing when the price goes up, when you get a profit from your investment it is tantamount to a dividend. Although indeed, we must be more aware of the price movements that are occurring in order for us to finally be able to consider the height of the target for the profits we will take. But yes, investing in many baskets will certainly be more profitable, meaning you can invest in the crypto market and also in any real estate, everything will be profitable if we are careful in taking advantage of the existing situations and opportunities.

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March 04, 2021, 10:24:45 AM
 #63

Why should i invest in bitcoin or other cryptos ?
You don't need to invest in bitcoin because it is not compulsory, no one will require you to do it, it is only you who will decide if you want to trust bitcoin to give you good income in the future from investing in it. If you are afraid of losing money then I don't think that investing in crypto would be a good idea because it has a higher risk than investing in a bank.
If you do not know yet about cryptocurrency then better not to try it, before you invest in crypto learn it first. It is hard to put money in a certain investment if you are not familiar with the things about it.
Actually it will depend on you that how much risk you will be able to bear. If you want to low risk then you can go for bitcoin and if you want huge profit and there will be high risk, then you can go for others altcoins.
Yeah, it is all about the risk when talking about investing in bitcoin, well that is life if you want to succeed then you really have to take a risk.

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March 04, 2021, 03:06:57 PM
 #64

4 years only one season
The best season starts from this year
Those who are losing money please do not miss
Because there will not be a better season

I just want to say that uptrend is clear and this is the best opportunity to make money. Don't try to be more skeptical because opportunities only happen in 1-2 years. Next time will probably have to wait longer.
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March 04, 2021, 03:28:29 PM
 #65

Bitcoin is the best investment coin. If need more coin information check the marketplace. Most of the coin release in the marketplace. so easy to analyze coin. the market price is any time to change. before invest check the market price up to and down. Then easy to invest coins. Coins prices are not easy to guess.  So time to invest. Bitcoin is the king of all coins. So choose your coins and invest in the market place.

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March 04, 2021, 03:59:43 PM
 #66

4 years only one season
The best season starts from this year
Those who are losing money please do not miss
Because there will not be a better season

I just want to say that uptrend is clear and this is the best opportunity to make money. Don't try to be more skeptical because opportunities only happen in 1-2 years. Next time will probably have to wait longer.

You have to act accordingly, if you do believe that you can manage to work it out and you are willing
to take the resposibilities,

Act now and start taking your position is the best thing to do, there are always chances to gain and
if you missed it, the next big one will take much longer time.

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March 04, 2021, 04:05:28 PM
 #67

There is no compulsion to invest in cryptocurrency, but if we look at the many institutions investing in Bitcoin. This proves that investing in Bitcoin is very profitable and has a bright future, so it would be stupid if we even refused to invest in Bitcoin. In my opinion there is no reason for us to refuse investing in Bitcoin, Because Bitcoin proves that in a pandemic situation like now it can provide profit to its holders is a tremendous thing.
Because not all assets can provide profit to holders in a pandemic situation like now.
Actually, profit is there no second opinion about it, but the point OP is trying to make is how we can get passive or continuous income from the investment because to buy daily necessities you need a regular flow of money. My answer would be quite simple, sell some bitcoins and cash them for needs.

Imagine you invested $12k last year and purchased 1 BTC.

You sell 0.02 BTC each month, for 12 months let's imagine. You ended up spending 0.24 BTC in a year.

BTC price went from 12k to 50k which means you 4x your money and despite selling ~25% of your coins, you still have around $37k with yourself.

So, that is how one can sell BTC and still remain in profit but yeah I don't think these kind of bull runs will continue happening every year.

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March 05, 2021, 09:57:41 AM
 #68

Well, I do not think anybody on this forum has the time or the patience to begin to explain what bitcoin and why it's a great investment plan. Personally, I do not think you asked the question to actually know more but to prove your point that buying a land is worth more than investing in bitcoin.
Trust me, no one here will force you to invest in bitcoin. If you want, do join the train and if you believe buying lands to give you dividends is the best form of investment, then good.
You should, however, know that bitcoin is still the best choice for investment

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March 05, 2021, 12:56:34 PM
 #69

You shouldn't invest in crypto, crypto is a scam, a big pump and dump scheme in the long run. You should invest in Bitcoin, providing you understand the risks and know how to use it safely. Bitcoin is projected to go up because it's supply is limited, yet demand is growing as more and more people discovering it and wanting to own it. Other coins don't have such properties.

Do you still think that BTC and all other cryptocurrencies are a bubble? Crypto has achieved impressive level of market capitalization (more than 1.5 trillions). It's a tremendous amount of dollars. Think no one bubble can achieve such level. Sure there's a lot of scam and every trader risks while investing in some uncertain crypto projects but all traders know about risks of losses and they risk consciously.


I believe his words provided is pure sarcasm and this is intended for people who doesn't think that bitcoin and cryptocurrency is worth to invest, and your right for so many times here bitcoin prove that he is strong currency and for investment so most provably the adoption rate is so high on it on future, I expect that this will land to many major e stores or maybe in physical one so before that to happen we should invest while the price is not on 6 digit.

R


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March 05, 2021, 01:57:03 PM
 #70

Where's my dividend if i invest in crypto ?  
In crypto, is it only that you gain profits thru dividends??
If so you know, there is a thing called capital appreciation. I don't want to explain it because it is a very basic term in investing but in summary, when you bought a coin and then it went up or increased then it is called capital appreciation.

In crypto, there are some coins that are offering staking which is considered dividends in crypto (or at least that is what I know). Now to answer your question, you should invest into it because if you want to support the future then you must. Now if you don't want to gain capital appreciation overtime or to support the technology then its your decision. In the end its your decision not mine so don't ask question like this again Tongue.

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March 05, 2021, 02:59:58 PM
 #71

You have to understand bitcoin is quite different than traditional investments, so don't consider it with land. It's a different type of investment. Risk is very high and profit is also quite high. So, you have to choose if you want to involve in that type of things or not.

This is true in many ways. In bitcoin, don't find your dividend because it's not how that works. In investing in bitcoin, you hold your money, you control your money; you can decide anything as long as it's yours. Investing in Bitcoin is high risk since its price is volatile, but there are findings that bitcoin's volatility rate is decreasing. Still not the reason to be complacent.

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March 05, 2021, 04:15:42 PM
 #72

You have to understand bitcoin is quite different than traditional investments, so don't consider it with land. It's a different type of investment. Risk is very high and profit is also quite high. So, you have to choose if you want to involve in that type of things or not.

This is true in many ways. In bitcoin, don't find your dividend because it's not how that works. In investing in bitcoin, you hold your money, you control your money; you can decide anything as long as it's yours. Investing in Bitcoin is high risk since its price is volatile, but there are findings that bitcoin's volatility rate is decreasing. Still not the reason to be complacent.
I am seeing the bitcoin's volatility as a potential or a good factor but maybe a bad factor for some people because in bitcoin you can earn profit or money by its volatility in which if the price of bitcoin goes up then for sure your money will go up also but when bitcoin is down then your investment in bitcoin will be down also. Always remember that investing in bitcoin is not like buying a land and wait for several years in order for it to goes higher, it is different on bitcoin or cryptocurrency because even though it may take some years, if the price of the bitcoin remains stable then the money that you've invested in crypto will remain the same.



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March 05, 2021, 04:24:24 PM
 #73

We shouldn't compare bitcoin with land. If we compare fiat with land, then also, if you hold lots of fiat money, you won't get a dividend, will you? Rather with inflation, your cash will get lower in value and hence that's a bad investment. As population grows, obviously land price will also grow and that's why investing in land makes sense. So does investment in crypto, because it also gives exponential returns.
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March 05, 2021, 04:33:51 PM
 #74

We shouldn't compare bitcoin with land. If we compare fiat with land, then also, if you hold lots of fiat money, you won't get a dividend, will you? Rather with inflation, your cash will get lower in value and hence that's a bad investment. As population grows, obviously land price will also grow and that's why investing in land makes sense. So does investment in crypto, because it also gives exponential returns.
Right, You shouldn't compare two different things as Property Investments and Crypto Investments as they both have different aspects and factor to look into when investing these thing. Another factor that we should think is what the investor prefer to invest on and has most interest in.
Also these has different return and unlike on Property investment, Crypto investment and trading has easy and fast return but unstable income.

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March 05, 2021, 04:40:00 PM
 #75

You have to understand bitcoin is quite different than traditional investments, so don't consider it with land. It's a different type of investment. Risk is very high and profit is also quite high. So, you have to choose if you want to involve in that type of things or not.

This is true in many ways. In bitcoin, don't find your dividend because it's not how that works. In investing in bitcoin, you hold your money, you control your money; you can decide anything as long as it's yours. Investing in Bitcoin is high risk since its price is volatile, but there are findings that bitcoin's volatility rate is decreasing. Still not the reason to be complacent.

Still uncertain, if you are planning to invest with this business you need to make sure that you are willing to face any consequences that you may encounter, there are chances that if you went in and place your investment with the right project, you'll be able to gain decent compensations, while if you mistakenly place it with wrong one, expect to experienced the other thing around.
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March 05, 2021, 05:56:56 PM
 #76

There's no such thing as dividend in crypto. Why should you incest in crypto? well maybe if you read more, trying to understand this cryptocurrency world and the blockchain technology you might know why.
But to make it simple, why should you invest? because this might be able to give you profit. There's always a risk though, but bitcoin is growing and developing really great. The price went up like 3-4 times from the last time i checked it, and for sure, if i had invested btc before, i would already gain a huge profit from it. But don't get tempted from the high profit, since there will surely a high risk you have to pay attention to.

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March 05, 2021, 06:16:26 PM
 #77

Why should i invest in bitcoin or other cryptos ?
If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...
Meaning: that piece of land is giving you a dividend each year .
Where's my dividend if i invest in crypto ?  

So you had never bought land as well as BTC and have no idea what to do with both?  In my country when you buy land you have to pay land tax every year, if you fire weeds (according to the new law) you have to pay fine (smoke from fired weeds is very toxic), if you want to grow goods on your land you have to work very hard for several years to cultivate and fertilize your land to make it pleasant for crops. On other hand is BTC. When you buy BTC and hold it on your digital wallet you don't need to work hard. You hodl or trade sitting in your room with a cup of taste coffee or tea, click on buttons and get some grains and don’t pay income tax.



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March 05, 2021, 06:25:01 PM
 #78

     First of all, get out of that well that you're in. Then, try to look around more. After that, absorb and internalize everything you see and be open minded about them. Only by doing that will you then realize how ridiculous you sound right now. If you know less, talk less and try to learn more instead because posting something like that is what happens when you don't invest in learning what you are talking about first. This is just a friendly advice, how you take it depends on you.

 - Wishing you well on all your investments.

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March 06, 2021, 03:40:28 AM
 #79

We shouldn't compare bitcoin with land. If we compare fiat with land, then also, if you hold lots of fiat money, you won't get a dividend, will you? Rather with inflation, your cash will get lower in value and hence that's a bad investment. As population grows, obviously land price will also grow and that's why investing in land makes sense. So does investment in crypto, because it also gives exponential returns.
Crypto doesn't have any similarities with land in anyway besides being an investment tool. What OP is trying to say is obviously stupid, there is no dividend in land, what you get there is just a appreciation of the land which increases every year and is proportional to its prices. @iamsheikadil is right, investing in land does make sense but OP's point is the one that doesn't make sense. Why look for dividends in crypto when there is stock market that guarantees what you are asking? Is the energy generated by burning the weeds profitable in anyway besides being a bother to everyone around?

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March 06, 2021, 06:09:56 AM
 #80

Quote
Why should i invest in bitcoin or other cryptos ?
To be part of the progress people are enjoying from their bitcoin Investment. Bitcoin investment is more encouraging than fiat money investment that take many years for someone to earn something good from his investment. Since covid-19 has collapsed the world economy over some years now,the easiest way to invest and achieve something good from your investment, is through bitcoin investment because the price of bitcoin will soon hit $100k before the end of this year 2021.
 Invest on bitcoin so that you will be part of this good news that is loading, which it can happen any moment from now for  bitcoin price to hit $80k before the end of March.

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