Is bitcoin best option to invest

[Smack That Ace]

There are many types of investment, of which I only know Property/real estate, Gold and other
precious metals and gems, stocks and bonds.

Personally I'm not interested in anything other than Bitcoin, I'm all in on Bitcoin and thats
the way it going to be going forward.

I doubt this statement, I don't believe there are people who don't need gold, don't need real estate because those are practical and necessary everyday things. I know that bitcoin is a potential investment but the reason we chose it is because we want high returns and want to get rich quickly, not because it is safer than other investments. Bitcoin is not considered a get-rich-quick investment, but you can't deny to me that bitcoin has the potential to get rich faster than gold and real estate. We want to get rich with our limited capital in bitcoin, we cannot get rich with that money in gold or real estate, and that's why we are here, IMO.

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[Dr.Bitcoin_Strange]

OP, don't forget that right here on this forum there are still mature investors who have been in this crypto space before you; they have bought Bitcoin at a very low price before you; you might not have even bought any Bitcoin or have sold the one you bought earlier, but most of these Investors are still holding on to their Bitcoin, and they are millionaires. So now, do you think your idea of Bitcoin justifies it as something that is not worth investing in? Do you think this is something that should not be considered worthy of investigation but rather invested in other things, like you said?
Well, @OP, everyone has a choice about what they want. For someone who has gained knowledge and understands the basics of Bitcoin, they would really prefer Bitcoin investment to other things, but that doesn't mean all hope must be on one investment. Even for those investors that invest primarily in stocks, they have a lot of stock to invest in, so they are not only relying on one stock investment; otherwise, they will not be richer.


If you see that some have made a lot of profit on a particular investment, that's because they understood the principles involved and also respected due process. One of the laws of Bitcoin Investment is that "if you don't hold, then you won't be rich." Many people hold, and they are rich, and many people are still holding, but some people sold because of fear and that's as a result of lacking proper orientation of what they have invested on.


There are a lot of different forms of investment, and every individual is really going for the one that they deem fit, but to me, it doesn't mean that one investment is better than the other. Every investment has its risks, and not every investment is profitable, but what matters is how you are able to manage the risks involved in the investment that you are making. Bitcoin investment also has its own rules, which anyone who understands them would follow to make a profit. That's also how stock has its risk; gold too; real estate also has its risk; even the import and exporting business you talked about has its risk; and above all, if you don't understand the risk of the investment you are into and learn how to manage your investment, then it will not be very fruitful.

[Stella Mese]

indeed many people invest in btc without prior knowledge, and many think that investing in btc will get huge profits in a short time, and do not realize that btc has a fluctuating nature and when the price of btc drops, they immediately panic sell it and end up losing. but if knowledge is prioritized, of course the potential loss will be small. so investing in btc is the best choice if we prioritize knowledge before investing in btc, and it is true that investing in btc must be made a side business.

[Xampeuu]

There are many types of investment, of which I only know Property/real estate, Gold and other
precious metals and gems, stocks and bonds.

Personally I'm not interested in anything other than Bitcoin, I'm all in on Bitcoin and thats
the way it going to be going forward.

I doubt this statement, I don't believe there are people who don't need gold, don't need real estate because those are practical and necessary everyday things. I know that bitcoin is a potential investment but the reason we chose it is because we want high returns and want to get rich quickly, not because it is safer than other investments. Bitcoin is not considered a get-rich-quick investment, but you can't deny to me that bitcoin has the potential to get rich faster than gold and real estate. We want to get rich with our limited capital in bitcoin, we cannot get rich with that money in gold or real estate, and that's why we are here, IMO.

bitcoin is the hope of getting rich but you have to have knowledge about bitcoin investment, real estate is indeed safer and is an investment that has a future, but it takes large funds to buy it, of course people who are already rich can buy it, it's different with me who not yet able enough to invest in real estate, so I decided to invest in bitcoin with an investment amount according to my finances and whenever it can be done, as long as we are patient, of course investing in bitcoin contains a little risk

[bussybuddy]

Investing in Bitcoin can actually make sense if you consider it carefully and have enough finances after securing the family needs. With good money management and not putting too much risk on family finances, you can ensure that you have enough money after meeting your daily financial needs.

However, I also want to emphasize that Bitcoin is not just a way to make a quick profit. Many people actually see Bitcoin as a way to protect asset value amid the volatile landscape of traditional currencies. This can help them maintain the value of their assets and protect against unwanted variation.

[Litzki1990]

One of the best options to invest in crypto right now is Bitcoin. There are several ways to invest, such as business investment, investment in real estate sites, out of all these, Bitcoin is one of the most reliable investment sites. If you want to build your own business, you must invest in that business, but if you are looking for a good investment platform outside of business, then Bitcoin is the best choice for you. Bitcoin is one of the best virtual coins to invest in. Bitcoin can be used as everything you save and invest. Right now many people are holding bitcoins instead of keeping money in the bank, in this case they are saving money and by holding bitcoins there is a great possibility of increasing their money in the future. Considering all these things, Bitcoin seems to me to be a reliable investment platform.

[leonair]

Bitcoin has a much higher volatility than other strong assets like gold, real estate etc.  So investing in Bitcoin is always a smart idea.  Everything is now virtual in this digital world so investing in Bitcoin is a very good idea at this time. But if you invest in gold, real estate, land or any business, don't worry about selling it easily.  Even if you invest in Bitcoin, you have to have the same thinking because you cannot think about investing in Bitcoin for a short period of time.  Invest in Bitcoin for a long period of time to get a good result.  And it will definitely good perform  then other investments

[Solokan]

yes indeed investing in btc is of course very suitable to be used as a side business, because in my opinion it is very difficult to invest in btc to be used as a main job because the price fluctuates, but for people who are experts in trading there are many who make btc as a main job but of course he already Experienced in analyzing technical, fundamental and others. so I think in this case it depends on people's abilities and knowledge.

[aoluain]

There are many types of investment, of which I only know Property/real estate, Gold and other
precious metals and gems, stocks and bonds.

Personally I'm not interested in anything other than Bitcoin, I'm all in on Bitcoin and thats
the way it going to be going forward.

I doubt this statement, I don't believe there are people who don't need gold, don't need real estate because those are practical and necessary everyday things. I know that bitcoin is a potential investment but the reason we chose it is because we want high returns and want to get rich quickly, not because it is safer than other investments. Bitcoin is not considered a get-rich-quick investment, but you can't deny to me that bitcoin has the potential to get rich faster than gold and real estate. We want to get rich with our limited capital in bitcoin, we cannot get rich with that money in gold or real estate, and that's why we are here, IMO.

bitcoin is the hope of getting rich but you have to have knowledge about bitcoin investment, real estate is indeed safer and is an investment that has a future, but it takes large funds to buy it, of course people who are already rich can buy it, it's different with me who not yet able enough to invest in real estate, so I decided to invest in bitcoin with an investment amount according to my finances and whenever it can be done, as long as we are patient, of course investing in bitcoin contains a little risk

@Smack That Ace - I was only referring to myself with that point. I agree with you that
Gold and Real Estate still remain popular investment vehicles along with every
other type of investment but none will return the profits Bitcoin will over the medium
to long term - I did make that point in my post too - so yea we are in agreement.

@Xampeuu - yea it takes a lot of capital to get into real estate, not everyone has that.
There are risks attached to investing in Real Estate and I wouldnt necessarily say its safer.

I would say Bitcoin is "as safe as houses"

[eightdots]

Bitcoin has a much higher volatility than other strong assets like gold, real estate etc.  So investing in Bitcoin is always a smart idea.  Everything is now virtual in this digital world so investing in Bitcoin is a very good idea at this time. But if you invest in gold, real estate, land or any business, don't worry about selling it easily.  Even if you invest in Bitcoin, you have to have the same thinking because you cannot think about investing in Bitcoin for a short period of time.  Invest in Bitcoin for a long period of time to get a good result.  And it will definitely good perform  then other investments

The difference between Bitcoin and other investment instruments is that if you decide to sell in the short term, there is a risk of loss. In the long term, there is no loss. Bitcoin is the investment that will generate the most income in terms of expectations. Real estate also provided a good return when inflation was high, but after a while this return slowed down. In my country, real estate prices started to fall because they increased too fast.

If you follow Bitcoin, you know that it has certain cycles. If you decide to invest during these cycles, the return is quite high. My preference for investment is Bitcoin rather than real estate.

[Latviand]

You're just saying that because you want to create a discussion OP, even if it's virtual as you'd like to point out, you should know that it's being sought after by many people no matter what and it has been used as a means to buy goods and services for a long time now. And even if it's all digital to you, it doesn't discount from the fact it proved it's value repeatedly for about a decade now, there's no investments out there that can grow up to 4.9k% in just 7 years, and you're still doubting that bitcoin isn't the best investment out there right now?

[Silberman]

yes indeed investing in btc is of course very suitable to be used as a side business, because in my opinion it is very difficult to invest in btc to be used as a main job because the price fluctuates, but for people who are experts in trading there are many who make btc as a main job but of course he already Experienced in analyzing technical, fundamental and others. so I think in this case it depends on people's abilities and knowledge.

That is the only conclusion possible, bitcoin could be or it could be not the right option to invest and this depends largely on your skills and abilities, someone that wants huge profits in a matter of months should probably not invest in bitcoin, as even if the profits bitcoin can provide given enough time are high, they will still be below the expectations of that person, and in that case it would be a mistake for that person to invest on bitcoin, while for someone that is willing to wait for years, hold their coins and they have some down to earth expectations, then investing in bitcoin could be a good idea.

[Popkon6]

Investing in Bitcoin is right and worthwhile if the investment is done at the right time. If you invest during bullish period it will definitely take enough time to get profit as you can expect good results when the market is bullish. And there's no strategy to get returns when the market moves lower than investing in high momentum, because you have to invest with that in mind. @op you have invested in Bitcoin from extra income from solving your family problem but must invest on right thinking. You must be patient enough to survive this volatility so you can reap some of the benefits. Future may see high momentum for Bitcoin so one must be patient.

[FahriZah]

I think best option to investment to bitcoin now because this is crypto currency and this year actually catching for crypto opportunities and if someone's need good profit from crypto than need to buy more & more Bitcoin if you possible now can starting investment with Bitcoin hurry up and Do Your Own Research (DYOR)  also.

[xSkylarx]

This really depends on a person because others who have already profited from Bitcoin then invest in businesses,  build their own businesses, and not totally rely on Bitcoin. This is somewhat like not putting all your eggs in one basket, which is more safe because we know Bitcoin is very volatile and the government is still in the gray area on it. Though others may really see Bitcoin as their only option to invest or not, it is still their choice. For me, I do both, but I do want to take a lesser risk and also earn while I sleep.

[worle1bm]

Our investment decisions are influenced by our own personal choices and we can't decide for all that whether it's bad or good.There are many who think Bitcoin is not having any future growth for those who don't understand it while those optimistic about its growth invest in it.So what we have in our mind may not match with others opinion so we should focus on personal advantage and what we find suitable.

[Nrcewker]

Investment should always be done on the basis of personal choice or interest. If you see other people investing somewhere and you copy them and invest, then there are very low chance that they will make profits from it. People invest in a particular asset after verifying all the details and doing proper research. So if you OP can do all that, then definitely you can go for Bitcoin investment. The reason for which Bitcoins have gained so much popularity is due to the amount of returns they get from Bitcoins. Bitcoins have risen from nothing to 69k usd valued digital asset. For this reason the popularity is so high.

[avp2306]

yes indeed investing in btc is of course very suitable to be used as a side business, because in my opinion it is very difficult to invest in btc to be used as a main job because the price fluctuates, but for people who are experts in trading there are many who make btc as a main job but of course he already Experienced in analyzing technical, fundamental and others. so I think in this case it depends on people's abilities and knowledge.

That is the only conclusion possible, bitcoin could be or it could be not the right option to invest and this depends largely on your skills and abilities, someone that wants huge profits in a matter of months should probably not invest in bitcoin, as even if the profits bitcoin can provide given enough time are high, they will still be below the expectations of that person, and in that case it would be a mistake for that person to invest on bitcoin, while for someone that is willing to wait for years, hold their coins and they have some down to earth expectations, then investing in bitcoin could be a good idea.

Conclusion made because maybe they are basing their opinion for long term which they maybe predict that price might always go up especially if there's big season like halving will happen in future.

But this is so long and we can be so sure about its future and only those people who's diamond hand can figure out if holding might result to good for them or either bad.

Even how good bitcoin is we can still say that investing on this may still vary depends on the persons patience.

[fruktik]

Is not good not to research, when you research of things you pick some point's,  many people here have their way of life and their way of understanding somethings of bitcoin, from past thread I read so many of the people who invested in bitcoin advice us that is beginners in bitcoin investment that it should be our second option of investment, so I'm telling you guys that bitcoin is not highest option for investment but many of you rise against my statement, diversify your source of income not only in bitcoin and don't take bitcoin investment as the key investment because its a virtual currency despite that its a decentralized currency

        Investing in Bitcoin should not come first. Do you know for what reason? This is a high-risk instrument and this point should be taken into account. It is better to choose the least risky assets first. For example, some well-known securities, treasury bonds, and so on. Only then pay attention to crypto projects.
        Thus, it will be possible to minimize risks and correctly form an investment portfolio. If this is not done, then after a while you can say goodbye to capital once and for all.

[Minecache]

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,

Then what are you doing here since you don't take bitcoin as the highest coin for investment.  As others have said, bitcoin is the highest cryptocurrency to invest in and after bitcoin then Enthereum.  But before you invest in bitcoin make sure you know the in and out. The risk involved in it so that you will not blame anyone for your downfall.

Is not good not to research, when you research of things you pick some point's,  many people here have their way of life and their way of understanding somethings of bitcoin, from past thread I read so many of the people who invested in bitcoin advice us that is beginners in bitcoin investment that it should be our second option of investment, so I'm telling you guys that bitcoin is not highest option for investment but many of you rise against my statement, diversify your source of income not only in bitcoin and don't take bitcoin investment as the key investment because its a virtual currency despite that its a decentralized currency

In my opinion, Bitcoin is the best investment, but the best here is the potential for the highest returns, not the safest, and high returns with high risks. We choose bitcoin because we want to get rich quickly, it's true when we invest in bitcoin. I agree with you, we can expect bitcoin to bring us significant profits, but that does not mean we depend entirely on it. Always diversify your income and portfolio because no one knows what will happen in the future.