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Author Topic: Is bitcoin best option to invest  (Read 1166 times)
tjtonmoy
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August 13, 2023, 10:45:41 AM
 #101

Every investment has risks involved in them. Not a single investment is risk-free. Yes, Bitcoin is a virtual thing that you can not see or held physically. But this is what makes Bitcoin the perfect solution. Bitcoin is decentralized, meaning no one can have any control over your assets. You are the only one who can access it if you manage to keep it that way. Robbery or theft has no impact on Bitcoin as people can't take it away from you. It keeps your privacy safe. Bitcoin's volatile nature can give you success in short-term investment too if you are capable enough. If not, then buy and HODL. After a certain amount of time, you will make a great profit. 4 years cycle for Bitcoin halving is a great way to push the price of it from which you can get a good amount of profit. Not to mention, Bitcoin is inflation free. There are other advantages that come with Bitcoin. But let's not talk about them here.

Now, the question is - what is your choice? There are many people who are successful in doing Bitcoin investments. The key is patience and the will to hodl. If you think of it as a side hustle, then it is a side hustle for you. Bitcoin is a thing that whatever you want it to be, it has the capability to become that.
It was originally created as an online peer-to-peer transaction currency. But while having a volatile nature, it has become an investment asset for people.

You can do whatever investment you think is good for you. Your life, your choice. But Bitcoin gives us freedom and way more benefits than other investments.
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August 13, 2023, 02:56:52 PM
 #102

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.
Running your own business sounds like a great deal, being your own boss and keep all the money you earn for yourself is the goal of many people. But we should not think that a business owner is always going to succeed and become rich. A lot of businesses fail and the working hours of business owners is usually much higher. I don't think there is anything wrong in being an employee and use your monthly income to build an investment portfolio on the side. For such people like me taking out all the profits out of Bitcoin might not be the best idea, because I don't really have so many alternatives to invest in.
At the end it all depends on your priorities and having a good work-life balance. If as employee you can make, let's say, 7, working your 8 hours per day, 5 days per weeks, would you want to change it for you boss' salary, let's say 10, but then you need to work 10+ hours per day, 6 days a week? I'm not sure I would accept, because it's better keeping your employee job, money is important but if you are the boss that also means more responsibility which is equal to more dedication, more time, and more stress.

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August 13, 2023, 07:23:08 PM
 #103

Those who think bitcoin as a job Always prefer the selling of everything and invest it in bitcoin but those who understand the fact and involve in bitcoin for only getting profit with income from another source too will never sell anything but they will save some amount to be put in bitcoin which is a good idea.

We should not depend fully on bitcoin because if we do it then at the time of lowering price we will not be able to eat well food at least. Physical business is more suitable because it is under the control of humans but crypto is neither control by human nor by any operating machine.









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August 13, 2023, 11:55:46 PM
 #104

Those who think bitcoin as a job Always prefer the selling of everything and invest it in bitcoin but those who understand the fact and involve in bitcoin for only getting profit with income from another source too will never sell anything but they will save some amount to be put in bitcoin which is a good idea.

We should not depend fully on bitcoin because if we do it then at the time of lowering price we will not be able to eat well food at least. Physical business is more suitable because it is under the control of humans but crypto is neither control by human nor by any operating machine.

this depends on the financial capability of the person. he can wait long-term for the hope of profiting from this coin or sell it once it is higher than his buying price. either way, you should know when to sell so you won't get rekt with this investment.
if you have the means, better allocate some of your funds to tangible assets like jewelry or real-estate. this will be your fallback if anything fails from your crypto or digital investments.

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August 14, 2023, 12:44:46 AM
 #105

It is just my opinion but I think there are many lazy people who invest in bitcoin but wants instant profit. I think bitcoin is not like a shortcut to become rich. people who get biggest benefit or profit are the early adopters it means they wait for long time until they can earn huge profit. Is bitcoin one of best investment? I think yes. is it gives instant profit? I think no.

Sepertinya sudah waktunya, kalau menurut saya lebih baik lump sum sekarang. 30/01/2024.
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August 14, 2023, 03:19:15 AM
 #106

Those who think bitcoin as a job Always prefer the selling of everything and invest it in bitcoin but those who understand the fact and involve in bitcoin for only getting profit with income from another source too will never sell anything but they will save some amount to be put in bitcoin which is a good idea.

We should not depend fully on bitcoin because if we do it then at the time of lowering price we will not be able to eat well food at least. Physical business is more suitable because it is under the control of humans but crypto is neither control by human nor by any operating machine.

Bitcoin is indeed a good if not the best investment today because of the huge returns it can generate. But it is not a job, or can bring us daily income to cover our lives. So, it would be foolish to let our lives completely depend on bitcoin and think that it can help us have a comfortable life without having to work much. Bitcoin should only be considered as a long-term investment for the future and we need to find other sources of income to sustain our daily lives. A job with a stable income is always a top priority.

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August 14, 2023, 08:37:34 AM
 #107

It is just my opinion but I think there are many lazy people who invest in bitcoin but wants instant profit. I think bitcoin is not like a shortcut to become rich. people who get biggest benefit or profit are the early adopters it means they wait for long time until they can earn huge profit. Is bitcoin one of best investment? I think yes. is it gives instant profit? I think no.
Talking about the best choices of several investments that have ever existed, maybe the general picture that we need to know, such as maintaining currency values and the power to generate profits in the long term. We often hear the term get rich quick in some people's statements about the investment journey they are on and there are many people who get caught up in statements like this because they don't try to make an analysis first. To be honest they are not actively involved in it and these statements only represent some of the incidents they have heard or read about in the media.

A simple example like this, when we invest $ 500 in bitcoin, can the value of $ 500 change to $ 5000 in the near future? it is impossible because it takes a process to bring to the amount of profit we expect, these are only some possible examples as an illustration of how all forms of seeking profit must go through a process. But I believe that bitcoin can bring someone to a better stage of financial independence and that's what I have seen in investing in bitcoin.

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August 14, 2023, 11:45:31 AM
 #108

Bitcoin investment is best investment ,But it is too risk for a new person. Bitcoin is best only for those people who have knowledge about it working on it for a years.
New developer cannot get profit from Bitcoin investment because he does not  have knowledge about Bitcoin market. If he will jump as  a investor, he will get lose
from this investment. Which are knowledgeable
Person, they get huge profit from Bitcoin investing, but in comparison, new person  loses his all money and come on road and he faces bankruptcy. Yes, Bitcoin is best for a person who have financial knowledge and he already invested in bitcoin and got profit from it.

R


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August 14, 2023, 12:50:57 PM
 #109

It is just my opinion but I think there are many lazy people who invest in bitcoin but wants instant profit. I think bitcoin is not like a shortcut to become rich. people who get biggest benefit or profit are the early adopters it means they wait for long time until they can earn huge profit. Is bitcoin one of best investment? I think yes. is it gives instant profit? I think no.
Talking about the best choices of several investments that have ever existed, maybe the general picture that we need to know, such as maintaining currency values and the power to generate profits in the long term. We often hear the term get rich quick in some people's statements about the investment journey they are on and there are many people who get caught up in statements like this because they don't try to make an analysis first. To be honest they are not actively involved in it and these statements only represent some of the incidents they have heard or read about in the media.

A simple example like this, when we invest $ 500 in bitcoin, can the value of $ 500 change to $ 5000 in the near future? it is impossible because it takes a process to bring to the amount of profit we expect, these are only some possible examples as an illustration of how all forms of seeking profit must go through a process. But I believe that bitcoin can bring someone to a better stage of financial independence and that's what I have seen in investing in bitcoin.
Have you ever taken the time to actually educate yourself about what it means in the current digital economy? Are you susceptible to being swayed by every media rumor and purported "investment guru"  choking advice?

You can certainly imagine turning your 500 into 5k in your dreams. And who wouldnt? However, the real world is not some fairytale world; not at all. Profits require knowledge, planning, and most importantly, guts, particularly in a market as volatile as Bitcoin.

Bitcoin is not a magical cure-all that fell from the sky. Its a digital asset with advantages and disadvantages. It can push someone closer to financial freedom while simultaneously driving others to depth. So who are you?

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August 14, 2023, 04:04:13 PM
 #110

Well, bitcoin isn't the only good investment out there. so many other investments. however, in this forum, most people will choose bitcoin as a good investment. Plus, people see investment potential differently the way some people choose bitcoin, real estate, business development, and more. Maybe it's good enough if you try to explain other investments to the people around you, but when he chooses one or already thinks that an investment is good, then you only need to provide the information you know about that investment.


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August 14, 2023, 04:13:43 PM
 #111

Short-cut investments have very little chance of success. There is no shortcut to success. It is never possible to make profit in one day by investing. Those of us who invest and can't wait too long see very little success. When a farmer cultivates paddy, he has to wait from the seed of the paddy till the harvest, and he has to take adequate care and maintenance of the land so that after a certain period of time, the farmer gets a good crop from his land. If the farmer planted the seed on the first day and reaped the crop the next day, would the farmer be able to harvest from that land? We must be patient in whatever we do. Without patience we cannot change the condition of life in a short period of time.

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August 14, 2023, 11:43:03 PM
 #112

Well, bitcoin isn't the only good investment out there. so many other investments. however, in this forum, most people will choose bitcoin as a good investment. Plus, people see investment potential differently the way some people choose bitcoin, real estate, business development, and more. Maybe it's good enough if you try to explain other investments to the people around you, but when he chooses one or already thinks that an investment is good, then you only need to provide the information you know about that investment.
Yes, you are right that there are still many good and potentially profitable investments besides Bitcoin, it all depends on belief and how we see opportunities in an investment. In my opinion, most of these forums will definitely and clearly choose Bitcoin as an investment which they think is good and has great potential because this forum is a forum for people who are more interested in discussing Bitcoin.
Actually, I think having any investment has good potential compared to if we don't have any plans to invest in the current era. The most important thing in investing is that someone understands what they are investing in and they must have confidence and comfort when they invest in their investment choices.


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August 15, 2023, 12:31:09 AM
 #113

Bitcoin is the best coin to trade and invest and there is no any other best coin to invest in. And any other altcoins are bullshit. They are all imitation of bitcoin but can not look and behave like bitcoin and that make bitcoin unique and good. Those who are investing in altcoins are just doing not to diversify their investment and nothing more. Bitcoin has taken over the blockchain. Bitcoin transaction is always in the mempool.
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August 15, 2023, 02:53:07 AM
 #114

Those who think bitcoin as a job Always prefer the selling of everything and invest it in bitcoin but those who understand the fact and involve in bitcoin for only getting profit with income from another source too will never sell anything but they will save some amount to be put in bitcoin which is a good idea.

We should not depend fully on bitcoin because if we do it then at the time of lowering price we will not be able to eat well food at least. Physical business is more suitable because it is under the control of humans but crypto is neither control by humans nor by any operating machine.

Bitcoin is not a haven, but it's already crested the reputation among all other coins. People risk their assets just to have a bitcoin reason why is they saw the potential it shows since from it's bottom and people already gained profit, knowledge and experience through out of it. They are now afraid to get late and miss out again for the next coming price ATH. Sure all people will join the hype of it. Reason this could be an option is the fast profit too because of the market volatility. Unlike other investment it takes over a months or years before they reach the profit they want or even the ROI but with the bitcoin you can deal with it in just a few weeks. Still have an essence of market manipulation.

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August 15, 2023, 03:15:36 AM
 #115

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.

Agree and agree, There are three things that I see why these entrepreneurs are always one step ahead financially. for example someone who has understood market performance and is also proficient with Investments especially BTC. First he placed part of his investment in BTC and when the timing came from what he felt he released and invested in gold and when gold went up he released it to the market and changed it to USD and the behavior was repeated - repeated then he switched invest to others item assets , for example property, industry and others from the profits that have been obtained. meaning that he has felt, carried out and believed that what he was trying to do would be successful.

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August 15, 2023, 08:45:00 AM
 #116

It is just my opinion but I think there are many lazy people who invest in bitcoin but wants instant profit. I think bitcoin is not like a shortcut to become rich. people who get biggest benefit or profit are the early adopters it means they wait for long time until they can earn huge profit. Is bitcoin one of best investment? I think yes. is it gives instant profit? I think no.

Bitcoin does not make us rich overnight, but when compared to business or investment like gold and real estate, investing in bitcoin will make us rich faster than them. So it can be said that bitcoin is a shortcut to getting rich, and that is why you are here and I am like you. Early bitcoin investors waited for years to reap huge profits but if they invested in other assets, they would not have achieved such huge returns. They choose bitcoin because they want to get rich quick, we shouldn't deny that.

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August 15, 2023, 10:03:54 AM
 #117

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August 15, 2023, 10:32:08 AM
 #118

Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.
Contemplating the realm of optimal investments, Bitcoin undeniably claims a distinctive spot in my roster of considerations. While the allure of substantial gains is magnetic, I find myself unable to fully channel my entire asset portfolio into the realm of Bitcoin, for every investment breed harbors its unique risk tapestry.

Diversifying across diverse assets such as equities, real estate, and gold imparts a heightened financial fortitude, a validation that transcends the wager of placing all bets on a solitary asset.
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August 15, 2023, 11:32:01 AM
 #119

Those who think bitcoin as a job Always prefer the selling of everything and invest it in bitcoin but those who understand the fact and involve in bitcoin for only getting profit with income from another source too will never sell anything but they will save some amount to be put in bitcoin which is a good idea.

We should not depend fully on bitcoin because if we do it then at the time of lowering price we will not be able to eat well food at least. Physical business is more suitable because it is under the control of humans but crypto is neither control by human nor by any operating machine.

Investing is good but selling property to invest nah I don't I think I will advise that for anyone if anything should happen to the market it will definitely affect your investment, I prefer a situation where you use any money that you don't need to invest, one thing I despise is selling off my property, all is about planning and another thing is if you in possession or items you don't need you can sell to invest, and I see that we are on the same page, and depending on bitcoin fully is also not advisable better we have other sources of income so that we don't temper with our investment that is for does that have invested.

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someone703
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August 15, 2023, 11:45:13 AM
 #120

When hearing about Bitcoin as a virtual currency on the web, many people may find it unrealistic or confusing.

What is interesting, however, is that Bitcoin has actually had a significant increase in community adoption and interest. Part of its value comes not only from its powerful blockchain technology, but also from the trust and participation of millions of users around the world. Creating a virtual asset with real value and realism depends on the level of acceptance and support from the community.

With the emergence of stablecoins and the connection of some cryptocurrencies with real value, there is an effort to create a stronger link between virtual money and reality. However, I understand that Bitcoin still faces many doubts and different views from market participants and investors. But community support and participation is an important part of shaping the value and future of Bitcoin.

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