Is bitcoin best option to invest

[GreatArkansas]

(....)
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.

For me, always do research and identify risks in what you are investing.
First, you should be aware Bitcoin is volatile. It's up to each individual investor to decide whether or not to invest in Bitcoin. Before choosing a course of action, you should carefully consider the risks and rewards.
Identify at when price you will invest, and at which price you will take profits.

[SOKO-DEKE]

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.

Yes, there are many businesses and investments out there, but seriously, I have not seen any investment proven to be better than Bitcoin investment in terms of profit making over some years now, but Bitcoin has proven to be the most profitable investment. Just imagine early Bitcoin investors that invested when the Bitcoin price was still even one dollar, and they invested like 500 dollars. How much profit did you think it would make by now? I bet you that those who invested the same amount in other investments who not made it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

I absolutely agree that someone shouldn't firmly rely on Bitcoin as your primary source of income, but rather should view it as a side hustles. In all seriousness, it is extremely risky due to Bitcoin's nature of volatility; the price is not always stable; the price can drop to any level, even though it can also move up to any level, and that is why some experts in the cryptocurrency industry always advise not to invest in bitcoin what someone cannot afford to lose. Therefore, it is better to have several sources of income and pursue bitcoin trading or investment as a side hustles because doing so will significantly aid in your investment's growth and enable you to realize profitable returns.

[Maslate]

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.

As investors, it's necessary for us to understand how to manage risk. Some of us here use money from our businesses to invest in crypto, while other investors make money in crypto and use some of their funds to start businesses. The point is, having multiple businesses or sources of income is always better than focusing on a single investment alone. As an investor, I understand that putting all our eggs in one basket is very risky, so it's necessary to diversify our funds effectively across different investments.

Moreover, investing in crypto does not guarantee a profit; it's akin to gambling where the outcome is uncertain. Therefore, we shouldn't rely solely on this and think of it as a surefire success. It's crucial to consider the possibility of failure.

[Bitcoin_people]

Bitcoin investment is mainly done by people for the purpose of making profit. But one thing must always be kept in mind that this is a virtual currency which carries some risk. Although I think Bitcoin is less risky than other cryptocurrencies we can safely invest in Bitcoin. Nowadays, it is seen that if a person invests his money in a bank, there is a lot of risk involved. Because in banks nowadays most of the time people lose money only because of bank failure. So I think it is good to invest in bitcoin and it is possible to earn good in future so it is expected that investing in bitcoin is not risky.

[Davidvictorson]

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.

Not everyone in the world considers Bitcoin a top investment choice; there is a lot of evidence about this in the news. Let me remind you that Warren Buffet has repeatedly stated that he wants nothing to do with Bitcoin. Many other veteran investors and businesspeople share this line of thought as well. If you read the white paper by Satoshi, there is nowhere he mentioned Bitcoin as the guaranteed path to wealth; rather, he discussed Bitcoin in terms of monetary freedom. If you believe it is the path to wealth, then it is; people are free to have their opinions. This is why we have all been advised to conduct our own research. If you have done yours and found out that it is not a guaranteed path to wealth for you, that's fine too.

[Marvell1]

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.

Yes, there are many businesses and investments out there, but seriously, I have not seen any investment proven to be better than Bitcoin investment in terms of profit making over some years now, but Bitcoin has proven to be the most profitable investment. Just imagine early Bitcoin investors that invested when the Bitcoin price was still even one dollar, and they invested like 500 dollars. How much profit did you think it would make by now? I bet you that those who invested the same amount in other investments who not made it.

This is true, although those who have invested in bitcoin in recent years will not be able to receive the same level of return as early investors. But its return will also be significantly greater if we compare bitcoin with other businesses or investments. Bitcoin remains the most promising investment in terms of returns.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

I absolutely agree that someone shouldn't firmly rely on Bitcoin as your primary source of income, but rather should view it as a side hustles. In all seriousness, it is extremely risky due to Bitcoin's nature of volatility; the price is not always stable; the price can drop to any level, even though it can also move up to any level, and that is why some experts in the cryptocurrency industry always advise not to invest in bitcoin what someone cannot afford to lose. Therefore, it is better to have several sources of income and pursue bitcoin trading or investment as a side hustles because doing so will significantly aid in your investment's growth and enable you to realize profitable returns.

Whether you are investing or trading bitcoin, it will never give you a steady income. So it would be foolish to consider bitcoin as the main source of income and depend entirely on it. No matter how profitable bitcoin is, but since it is very volatile and we never know when the profits will come, so always treat it as a side business rather than the main one.

[bitzizzix]

When viewed from the level of security of Bitcoin assets and the quality of the Blockchain network, Bitcoin is much safer to store and also as an investment, especially for the long term because Bitcoin will provide promising benefits compared to other investments.
it's not about a good investment of all types of investment, but Bitcoin can be trusted in terms of profit as long as you wait patiently and believe that bitcoin will bring you good profit in the future or for the long term. But it's good that we don't only have bitcoins to invest, and besides Bitcoin, I think investing in property or land, education and also gold I think are good besides Bitcoin. But I still assess and prioritize that Bitcoin is the best in terms of profit and security, and the risk is also very small if we have the patience and strong belief to wait however long.

[Questat]

Bitcoin is the best investment in crypto but people don't just keep Bitcoin alone, they also have invested in some altcoins. And I certainly agree that idea knowing that even though Bitcoin is known for its profitability and less risky investment but considering investing more will generate more profit, despite the risk people still choose to do it.

I followed this investment ratio since before,
60% - for Bitcoin
40% - for altcoins

[armanda90]

When viewed from the level of security of Bitcoin assets and the quality of the Blockchain network, Bitcoin is much safer to store and also as an investment, especially for the long term because Bitcoin will provide promising benefits compared to other investments.
it's not about a good investment of all types of investment, but Bitcoin can be trusted in terms of profit as long as you wait patiently and believe that bitcoin will bring you good profit in the future or for the long term. But it's good that we don't only have bitcoins to invest, and besides Bitcoin, I think investing in property or land, education and also gold I think are good besides Bitcoin. But I still assess and prioritize that Bitcoin is the best in terms of profit and security, and the risk is also very small if we have the patience and strong belief to wait however long.

Controlling by our self with Bitcoin assets without depend on third party is why reason most safety when saving assets in Bitcoin but must hold in not exchange wallet. Difference with other kinds of investment like Bank deposit we need third party as Bank for place saving our fund and loss controlling when Bank bankrupt like in United State and we loss our fund. I don't think profitable when investing in property or land as soon possible with Bitcoin because we need time and waiting more than ten years later with property or land price increasing up, have politician effect when investing in the land actually without any good progress of some land investing face difficult for price up. Bitcoin is the best choose for investing not only fast for growing up but also we have own self controlling with our Bitcoin assets without need help third party service for saving our fund.

[retreat]

-snip-

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.

Many people think that only investing in Bitcoin will make them rich overnight, even though investing in Bitcoin is the same as investing in other investment instruments where investment and financial management is needed to be able to reduce potential losses and maximize the value of the investment made.
A smart investor certainly will not put their investment in one place, they will certainly make several investments to be able to diversify their investment and create several sources of income to be able to support their investment.

[taufik123]

-snip-
I followed this investment ratio since before,
60% - for Bitcoin
40% - for altcoins

Nice ratio, but you are forgetting the Reserve funds you need to buy back when the market crashes.

From the amount of money, I have 50% DCA for Bitcoin and 40% Diversified on some potential Altcoins and also try to catch memecoins or shitcoins (trying to get lucky) that might give big profits in an instant, but the allocation is probably only around $100, not more than that.

The top altcoins are still the best choice and do some research before entering.
The remaining 10% I provide for Reserve funds, in case the market crashes and is at the bottom, so that it can get Bitcoin or Altcoin prices cheaper.
Every trader or investor has their own investment ratio, it cannot be confused with our own ratio.

[cheezcarls]

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.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

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.

First of all, we’re not financial advisors here.

The decision on investing into Bitcoin is completely up to that person who also acknowledges the risks of market volatility and it can uncontrollably go up or down in price without warning.

As much as I love Bitcoin, I do not say about it being the “best option to invest” because that makes me sound like a financial advisor.

Some of my relatives asked me about it too if Bitcoin was the “best choice” to invest. I wasn’t encouraging nor discouraging them to get in to Bitcoin as I only explained to them about the risks of getting in and to see if they are ready or not to lose the money that they can afford as it does not offer any promises or astronomical guaranteed returns.

There’s nothing wrong about Bitcoin being a side hustle if you were to accept it as a mode of payment for selling your services or getting incentivized by some opportunities that offers payments in BTC. 

[yudi09]

From the length of the OP description, I can understand that all types of investments must be believed to get an appropriate return, it doesn't have to be bitcoin as long as the investment is made like a side business.
This form of investment can be made anywhere as long as the form and investment to be made can be understood properly and correctly by every potential investor because the purpose of investment is to make a profit, not to get rich quickly.

For people who want to invest in cryptocurrency then bitcoin is the best investment ever that I know since I've been active with crypto world.

[WillyAp]

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.

I find it short sighted to let money stay parked in a few coins.

Most people look for great gains with little effort. Ok some years you do good but if you invest in a business and do it right you make much more than parking money in Bitcoin or any other coin.

What people make when juggling billions is not applicable for most of us.

[posi]

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.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

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.

First of all, we’re not financial advisors here.

The decision on investing into Bitcoin is completely up to that person who also acknowledges the risks of market volatility and it can uncontrollably go up or down in price without warning.

As much as I love Bitcoin, I do not say about it being the “best option to invest” because that makes me sound like a financial advisor.

Some of my relatives asked me about it too if Bitcoin was the “best choice” to invest. I wasn’t encouraging nor discouraging them to get in to Bitcoin as I only explained to them about the risks of getting in and to see if they are ready or not to lose the money that they can afford as it does not offer any promises or astronomical guaranteed returns.

There’s nothing wrong about Bitcoin being a side hustle if you were to accept it as a mode of payment for selling your services or getting incentivized by some opportunities that offers payments in BTC. 

Even if you are a financial advisor, how do you judge which is the best investment if everyone has different investment views? You don't have to make things complicated, if you feel bitcoin is the best investment then tell them and don't forget to emphasize that it is your own opinion. In your opinion, if bitcoin is not the best investment, what is the best investment? For me, it's the best investment and I wouldn't hesitate to answer honestly if someone asked me, but give someone investment advice and I'd turn it down. If they want to invest, they need to do their own research.

[Abu-Naim]

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

You are expressing your opinion based on what you know about investing in bitcoin; nonetheless, your viewpoint shouldn't coincide with that of others. Some of us here are eager to have money simply for investing in bitcoin since we feel secure doing so, if you regard it as a side business or alternative investment.

What is the initial investing option if bitcoin is your second choice?
Your manner of speaking only serves to confirm my suspicions that you are clueless of bitcoin and may require some clarification on the distinction between work and investment. Make sure you trust bitcoin if you're using your money to purchase it.

[icalical]

Correct me if I am wrong but seems like the title of this thread and the main post is barely correlated. The title ask whether Bitcoin is the best investment, but then the final phrase was bitcoin investment should be use to fund other business. There is a huge different between investing and building a business, if you want compare whether Bitcoin is better investment you should compare it to other form of investment like Gold or Real Estate. But then if you want to compare Bitcoin Investment to creating a business (which one is more profitable) then it really depends on the person, it won't be depend on the Investment Instruments anymore and the comparison won't even make any sense.

[Crypto Library]

Bitcoin investment is mainly done by people for the purpose of making profit. But one thing must always be kept in mind that this is a virtual currency which carries some risk. Although I think Bitcoin is less risky than other cryptocurrencies we can safely invest in Bitcoin. Nowadays, it is seen that if a person invests his money in a bank, there is a lot of risk involved. Because in banks nowadays most of the time people lose money only because of bank failure. So I think it is good to invest in bitcoin and it is possible to earn good in future so it is expected that investing in bitcoin is not risky.

Bank failure is rare to seen.  So I don't agree with you that there is a lot of risk involved in inviting money to the bank.  But you can say that the amount of profit from banks we got it is not able to tackle the current inflection. And that's why investing in Bitcoin can be a solution.  But it is not a good plan to invest all your assets in Bitcoin only. It is possible to make huge profits from Bitcoin but it requires patience

I followed this investment ratio since before,
60% - for Bitcoin
40% - for altcoins

Your plan is very good and I appreciate it because altcoins are much more profitable in less time than Bitcoin.  But altcoins also have the highest loss record, so if you invest more in bitcoins, you should also invest some in altcoins, then they will minimize our profits.

[synchronym]

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.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

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.

One thing we must keep in mind when we invest in Bitcoin is that we can't invest with the attitude that we will get dollar after dollar at the beginning of investing. Bitcoin is a long-term project that takes time and we have to keep in mind that there is a risk common to Bitcoin. There are a number of people who are in too much of a hurry to make a profit by investing in Bitcoin and then they get hurt by Bitcoin because they don't make the right decision. As op said to teach our children other trades than bitcoins. I think when our children are adults if Bitcoin is still around then I think it would be profitable if they can or want to do other things besides Bitcoin.

[passwordnow]

Well, IMHO, this all sums up minding our own businesses. Whether you do Bitcoin trading and investing into a full-time thing, what's the matter with that? If someone does it part-time and does a trade once in a while, it's not a problem. This is like knowing your craft and what you are up to. If you like doing things as a passion and you want to make it as a full time, no one has to dictate what you must do. It is you that's aware of your finances, your strategy, your investments and everything.