Is Bitcoin the best investment at the moment?

[retreat]

I have never invested anywhere else, from the start I only studied investing in crypto, my friend said that the investment gain that could be generated from crypto was much greater than other types of investment, so I believe bitcoin is the best investment right now.

Is Bitcoin the best investment at the moment?I've been trading options on BTC for about three years now, and I've made significant gains, how does everyone invest?

you are in crypto for those 3 years, if you are serious then it is enough time for you to become a mid-expert in trading.

[batang_bitcoin]

Of course it is very good to invest in bitcoin if you use the right strategy. In order to get the maximum profit from bitcoin investment, you can buy when the price is low and sell it at a high price.

There's no need for a grand strategy or what, it's simple. You buy bitcoin and hold it if you're looking to have a higher price of it in the future. As for having a maximum profit, I think that you'll miss that part because it's always that there is a circumstance of our lives that we have to use our last choice through selling bitcoin, might not be all of it but a part of it. So, you're missing the whole point of getting the maximum price or profit. And even if you sell today at its ATH, there will be another ATH that will break the price where you've just sold it.

[indah rezqi]

Not only for now, but for the future Bitcoin is the best investment. The value of Bitcoin will be very valuable in the future considering the development of technology continues with various advances. For me, investing in Bitcoin should not only prioritize the benefits that will be obtained, but must be used as an asset that will not lose its value.

[Obito]

Yes it's the best one no matter which is it's position in the market because it's proven to grow in prices over the decade and I think that no one can get close to it since it's a pioneer. But bear in mind that you're going to be aiming for a long-term, because bitcoin has slowed in growth overtime so you want to get in right now and hold on to it for years.

[Natalim]

I hope OP you got enlightened to what you have read in this thread. No single to ask why not as the answer is surely a big YES.  Perhaps you may try and also for you to verify that we are not telling lies. Of course, you can't say yes for now and you'll remain doubtful as you were not investing yet. Sometimes we need experience in order to know and this becomes our basis.

Some people will say we are late as the price of Bitcoin is already high but can't just imagine what will be the price 5 years from now? That can possibly be more than $100k...

[ShowOff]

There's no need for a grand strategy or what, it's simple. You buy bitcoin and hold it if you're looking to have a higher price of it in the future. As for having a maximum profit, I think that you'll miss that part because it's always that there is a circumstance of our lives that we have to use our last choice through selling bitcoin, might not be all of it but a part of it. So, you're missing the whole point of getting the maximum price or profit. And even if you sell today at its ATH, there will be another ATH that will break the price where you've just sold it.

Not everyone understands how the bitcoin market works so advice like this in no way warrants them trying to convince themselves to buy and hold in the long term. Beginner traders are more concerned with short term profits and they can understand more about buying low and selling trades high.

Long-term holders are not day traders or “most” retail traders but they are experienced investors and know about the potential bitcoin might reach even if they had to weigh all the risks. Like early adopters, they are the ones who manage to get the most out of bitcoin after considering the long-term risks.

[batang_bitcoin]

There's no need for a grand strategy or what, it's simple. You buy bitcoin and hold it if you're looking to have a higher price of it in the future. As for having a maximum profit, I think that you'll miss that part because it's always that there is a circumstance of our lives that we have to use our last choice through selling bitcoin, might not be all of it but a part of it. So, you're missing the whole point of getting the maximum price or profit. And even if you sell today at its ATH, there will be another ATH that will break the price where you've just sold it.

Not everyone understands how the bitcoin market works so advice like this in no way warrants them trying to convince themselves to buy and hold in the long term. Beginner traders are more concerned with short term profits and they can understand more about buying low and selling trades high.

Long-term holders are not day traders or “most” retail traders but they are experienced investors and know about the potential bitcoin might reach even if they had to weigh all the risks. Like early adopters, they are the ones who manage to get the most out of bitcoin after considering the long-term risks.

Yeah, we're not day traders but anyone who's a long term holder can also be a day trader at the same time. That's whichever strategy you'll be ending up.
The long termers will still beat that strategy as per experience. It may not be able to be understood by the newbies but I'm sure that many of them would like to here a say from an experienced person on how to deal with the market and what's a better thing to do for them to be profitable.

[lombok]

Is Bitcoin the best investment at the moment?I've been trading options on BTC for about three years now, and I've made significant gains, how does everyone invest?

So far, Bitcoin is indeed one of the best investments, in my opinion, the most favorite at this time.
Good for you if you can actually Options on Bitcoin and earn huge profits for 3 years.
Not everyone can Trade Options, most prefer long-term investments when it comes to Bitcoin investment, buy-hodl-sell.
I've tried trading options and the result I lost repeatedly. Better trading futures or spot trading.
Options trading in my opinion is gambling. Be carefull

[FIFA worldcup]

Is Bitcoin the best investment at the moment?I've been trading options on BTC for about three years now, and I've made significant gains, how does everyone invest?

So far, Bitcoin is indeed one of the best investments, in my opinion, the most favorite at this time.
Good for you if you can actually Options on Bitcoin and earn huge profits for 3 years.
Not everyone can Trade Options, most prefer long-term investments when it comes to Bitcoin investment, buy-hodl-sell.
I've tried trading options and the result I lost repeatedly. Better trading futures or spot trading.
Options trading in my opinion is gambling. Be carefull

If you follow the bitcoin price over the years, it's very much clear that bitcoin investment is the best. However, we should keep this investment safe and not try to experiment with it much through options and futures trading. If you do future trading without much knowledge, the result will be a loss of your savings.

[beerlover]

Bitcoin is the best investment at all times for me. Not that altcoins are bad, or even fiat, when you spend it wisely but bitcoin is "best", just because something is best, doesn't make others bad. Like if you buy ETH or BNB, that is good in my eye as well, I have them too, or if you get a debt and buy a house, and rent that out, that is not bad neither. A friend of mine had 700k or so around 8 years ago, and he turned that into 28 million dollars worth of houses. How? He just bought a lot of debt while growing his business of buying houses.

I do not know the exact numbers, but he started with 700k I know that, and got like 4 houses, but not with all his money, he also took loans from banks to get that 4 houses, he paid his loans back, and with the money he made plus showing 4 houses as collateral, he got like some more, I think he had 11 in the end? Not entirely sure. Also the inflation kicked in at the same time, and that made him super rich. Obviously inflation was responsible for 50% of his increase but still he took that chance.

[lombok]

---snip---
However, we should keep this investment safe and not try to experiment with it much through options and futures trading. If you do future trading without much knowledge, the result will be a loss of your savings.

Correct. Maybe I was too careless in experimenting with playing options without knowledge and playing carelessly at that time. I really gave up and will not repeat again. Fortunately, I was able to return my lost money through futures trading, because in futures, as long as our margins are small and the total funds we have in our futures wallets are quite large, it is safe for us to avoid liquidation prices.

The essence of what I am talking about is that our mastery of a form of trading in the market is our main weapon, both fundamental and technical analysis and strategy in trading. And as @FIFA worldcup said without all that we would lose money.

[btc78]

Is Bitcoin the best investment at the moment?I've been trading options on BTC for about three years now, and I've made significant gains, how does everyone invest?

Really three years of being a trader and you have also gain significant amount but how could you be asking this still?

I don't get the point because you are asking about Investment but yet telling stories about Trading in which both are different for me.

Investing is somewhat like Keeping your funds for holding while trading is happening in short time period.

As investors we must understand that the higher the profit opportunity, the higher the chance of loss, bitcoin and cryptocurrencies are a very risky type of investment so when we invest by putting all the money and even selling assets then when the price drops we will panic, but if we see a trend since the last 3 years, investors have made big profits because bitcoin investments rose more than 500% before the pandemic.

Risking is the way to profit, but of course don't let your money stays longer if you are not so sure for your coin invested.

But if Bitcoin is your choice? then just let it there for long term mate and you will be safer.

[Vaskiy]

Going through the internet found a comparison chart between cryptocurrency and traditional investment.



This is more than enough to show how good is the growth of cryptocurrency against the traditional investment. The highest return out of traditional investment is 43% whereas with cryptocurrency is 6566%

Based on my understanding investing at the right time gives the best return. If not investor needs to have patience holding it to sell at the peak.

[FanEagle]

Going through the internet found a comparison chart between cryptocurrency and traditional investment.



This is more than enough to show how good is the growth of cryptocurrency against the traditional investment. The highest return out of traditional investment is 43% whereas with cryptocurrency is 6566%

Based on my understanding investing at the right time gives the best return. If not investor needs to have patience holding it to sell at the peak.

I would guess that it is not really that shocking to see crypto doing better in the most bull year of crypto world.
I mean we were under 5k at march 2020, so it is not really that weird to see us going huge even after some falls.

Secondly, the prices are taken after the stock fall as well, so stocks are not doing that well neither to begin with.

I am not saying that stocks are good or anything, I would never prefer them over crypto, it is clear that crypto is the winner and will always be. But, selective stats will not be the reason why people would prefer crypto, you have to realize that the difference is usually not that well. Look at 2018 stock vs crypto and you might end up upset.

[DU18]

It can be said that bitcoin is a very promising investment at this time, when the pandemic period or more than 2 years and made many types of investments go bankrupt but bitcoin continues to shine and get great attention from economists, and now news about cryptocurrencies is getting massive so it will make us don't hesitate to invest bitcoin.

Along with the times, of course, we all expect safe, easy investments and can also be a store of value in every existing condition, besides gold, it can be said that bitcoin is an alternative that is quite feasible for us to consider today, because with its speculative movement, it is certainly possible us to be able to get a high return if we keep it for the long term.

[Kasabus]

It can be said that bitcoin is a very promising investment at this time, when the pandemic period or more than 2 years and made many types of investments go bankrupt but bitcoin continues to shine and get great attention from economists, and now news about cryptocurrencies is getting massive so it will make us don't hesitate to invest bitcoin.

Along with the times, of course, we all expect safe, easy investments and can also be a store of value in every existing condition, besides gold, it can be said that bitcoin is an alternative that is quite feasible for us to consider today, because with its speculative movement, it is certainly possible us to be able to get a high return if we keep it for the long term.

There are great potentials in bitcoin that will even grow in the years to come. This is why bitcoin is the best investment today because its not only for short term gains but more on for long term profitability. Also, big institutional investors have come to trust bitcoin and take the risk investing with a huge amount. So how much more for regular investors like us? Bitcoin may definitely be a high risk investment but rest assured its ROI too is worth the risk.

[STT]

The guy off shark tank says 20% of his wealth is in Crypto and he used to dismiss it as nothing so thats quite a turn around.  I would say BTC is the best right now as a trade so long as its above the 50 week average and YTD that has so far capped its gains.   Over years its done very well and not many asset types can beat its performance, mostly this will be due to it being a new technology and influence in the world I think.

[Lubang Bawah]

The best size in my opinion is the one that can provide a very large profit opportunity and in a short time, and from several types of investments that I have participated in such as stocks, mutual funds, and so on, bitcoin can provide large profits and make many things that I can buy from profit. bitcoins since 2016.

[peter0425]

It can be said that bitcoin is a very promising investment at this time, when the pandemic period or more than 2 years and made many types of investments go bankrupt but bitcoin continues to shine and get great attention from economists, and now news about cryptocurrencies is getting massive so it will make us don't hesitate to invest bitcoin.

best to say that bitcoin is the best investment overall , there are some who doubt this in the past but when the price reached 20k they felt bitter and hate themselves, and what more when the price reached 68k? is this something to be doubtful ?
i believe that they are known to be the investors nowadays in which once they doubt this.

The best size in my opinion is the one that can provide a very large profit opportunity and in a short time, and from several types of investments that I have participated in such as stocks, mutual funds, and so on, bitcoin can provide large profits and make many things that I can buy from profit. bitcoins since 2016.

but for long term right? and not an investment that can happen over night or in a day time basis .

[darewaller]

Even Steve Wozniak recently said that bitcoin is the real deal and all the others have a risk to be scam. I mean sure ETH is not, and even BNB doesn2t look like one (depends on what happens to Binance of course) but BTC is definitely the best one out there. All the other coins could have "something" happen to it, look at how polygon was frozen for a long time recently, but BTC won't have that.

It is by far a better technology than I could ever hope for, and it is really going to a direction that will be unmatched by anything else in the world. I hope that people would soon see that and make bitcoin their biggest pie in their portfolio.