Is Bitcoin the best investment at the moment?

[Oilacris]

Bitcoin is a type of high risk investment so we must always be wise, the profit opportunity is high but the risk is also high, many people sell anything to invest in bitcoin, but when they see the fact that the price is dropping then they get angry and sell at a loss, and this is what makes we must always be realistic and logical when investing bitcoin.

Before starting a bitcoin investment, you must have a mature strategy. A bitcoin investment strategy really depends on your risk profile and the financial goals you want to achieve. However, it requires patience in managing emotions. Therefore, if a novice investor wants to invest in bitcoin, don't just follow trends and invest without a strategy.

Exactly this. I've done trading but it didn't work out that well for me. Now I HODL which is a more risk free and defensive strategy if you do it with money you don't expect to ever see back. After many years the HODL seems to be very profitable.

So pick a mature strategy that is in line with your capabilities.

P.S. diamond hands HODL isn't easy either  

Right. indeed HOLD is a good strategy when the market experiences a significant decline in price. Especially if you've already made a trade but it didn't work and haven't found an alternative, it's better to just save it while waiting for new momentum later.

When decline or bearish movement is happening within the market then seeing your portfolio showing up on reds then it would really be just a dumb decision of yours if you would consider on selling out.
This is usually the case when we are experiencing huge negative or too fast pace of decline where peoples emotions is been mainly played on but if you are someone who does have the ample
experience and knowledge about this market then you wont really be easily panic out.Speaking about best investment then there's no doubt that Bitcoin would be the most worth coin to be hold
specially for long term but since there are people whom do really love to see profits in short term basis then this is where they do touch up altcoin investments as well.

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[Rana590]

I would say a long term buy and hold strategy is your best bet. It may take a while to see the return on our investment, but bitcoin itself is actually quite valuable. The costs will definitely increase and decrease, but it should be a safe bet in the long run.

This is the right moment even though I'm still very new to trading to pile up now, hold on for the long term, and prepare for a "big dip". The value of Bitcoin as a currency will not decrease in the future. It will only go up from here.

I hope November will be a great month for crypto industry. It is still best opportunity to us for buying Bitcoin at a lower price and we can afford this price. Long time investment on Bitcoin is a wiser decision to get huge profit. Obviously we should avoid panic sell and market analysis is highly recommended.

[imamusma]

Price is not everything to assess the best investment assets. I know bitcoin is the best asset in the last 10 years as an investment choice compared to other investment instruments. Early adopters earn huge returns, and that is a testament to the fact that bitcoin is an excellent choice for non-physical investment assets.

I will probably be honest that up to now bitcoin is an asset that should not be ignored by any investor. Price fluctuations are common, that's not the reason why it's not good. The real use cases as a currency as well as its growing adoption are some of the reasons why bitcoin is the best investment asset, imo.

[bestcoins1]

I hope November will be a great month for crypto industry. It is still best opportunity to us for buying Bitcoin at a lower price and we can afford this price. Long time investment on Bitcoin is a wiser decision to get huge profit. Obviously we should avoid panic sell and market analysis is highly recommended.

Now to what extent have you analyzed the market and how sure are you that you will not panic if there is a further price decline in the market ?
As everyone is now hoping for the best for next month and November as well as you said, but the probability of that happening is also uncertain, but yes investing long term in Bitcoin is still a very wise decision right now.

[btc78]

In the cryptocurrency industry, I also think Bitcoin is the best investment at the moment.  There are others that can give us better profit than Bitcoin but the risk involved is unimaginable.  Those altcoins that live on hype can give us huge profit but can also leave us bag holding worthless coins.  So in profit/risk ratio, nothing beats Bitcoin to be the best investment on the crypto industry at the moment.

You said it right that no other asset either in stocks, commodity or Forex market  is comparable to Bitcoin in terms of return it gave to its investors when we track its performance since 2009. No other digital asset including Ethereum could win the confidence & trust of investors as Bitcoin does because it is super secure, scarce  & most decentralized.

Bitcoin is always the best investments right ? comparing to all other coins there is always better way to invest and that is Bitcoin like what we always believe and understand ,
for how many years now this coin shows and proves how this is profitable and how this can bring fortune to all holders.
imagine there are so much happening in this currency.

In the cryptocurrency industry, I also think Bitcoin is the best investment at the moment.  There are others that can give us better profit than Bitcoin but the risk involved is unimaginable.  Those altcoins that live on hype can give us huge profit but can also leave us bag holding worthless coins.  So in profit/risk ratio, nothing beats Bitcoin to be the best investment on the crypto industry at the moment.

Well , why not  set our funds in the safest currency and that is bitcoin as always.

[Vinaa77]

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?

Of course Bitcoin is the best investment right now. In my opinion, Bitcoin moves on faster than Gold. In a very short time, Bitcoin has set a record as the highest value investment asset. Apart from that, Bitcoin investments are not limited to a certain level. Unlike other asset investments. If you have $ 10 dollars, you can invest in Bitcoin without having to go through the process and conditions that are too complicated. But if you have $10, you can't necessarily invest in real estate.

[decodx]

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?

Of course Bitcoin is the best investment right now. In my opinion, Bitcoin moves on faster than Gold. In a very short time, Bitcoin has set a record as the highest value investment asset. Apart from that, Bitcoin investments are not limited to a certain level. Unlike other asset investments. If you have $ 10 dollars, you can invest in Bitcoin without having to go through the process and conditions that are too complicated. But if you have $10, you can't necessarily invest in real estate.

I don't think there is any easy answer. It all depends on your personal situation and what your long term goals are. You can consider the two aspects: short term, in which Bitcoin probably is the best investment in recent history, or long term, when it might be not that good idea to put all your eggs in one basket. But, I enjoy investing in Bitcoin and it might be something that is here to stay at least for some more years. It has a high value but is still volatile and hard to predict. Only time will tell how well Bitcoin will fair in the long run.