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Author Topic: Is bitcoin best option to invest  (Read 1166 times)
Hypnosis00
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August 12, 2023, 02:12:45 PM
 #81



This is why I believe that Bitcoin investment is not for everybody, Some responsibilities are at stake for some people and they won't be able to afford a Sat of Bitcoin, some won't be able to complete their HODL dreams, and they will get tired along the way because they are of needs.

It is true that not everyone is economically qualified to invest in bitcoin but if I compare bitcoin investment with other investments, I find bitcoin investment much easier.  I mean, you can invest in bitcoin any amount you have, even 10$ or 20$, although the profit will be negligible.  but it's better than other investments, and there's nothing you can do with that money when you think about gold or real estate.  bitcoin is for everyone, but not everyone accepts it, it depends on each person's ability, bitcoin does not reject anyone.
Yes, we usually thought that was too easy but if you don't have good knowledge about Bitcoin and how to manage your wallet, you will be surprised that your funds are already gone. That is why I don't agree that Bitcoin is for everyone but rather say that we all have the opportunity, yet it is only our choice or desire to do it as it was not a good idea to force someone when they are not capable enough as in the end, they only regret it.
So I say, those who can afford to take risks can try Bitcoin but if not, better to forget it and look for an investment that we think can do it.

R


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August 12, 2023, 02:25:47 PM
 #82

Bitcoin is still the best option to invest in 2023. Literally any one can get it with as little as $1 and then grow upwards with the right strategy. Business and real estate requires that I have xxxx amount of money. The speed as which people, I mean the younger generation have escaped the rat race and most of them have become digital nomads is because of bitcoin. Yes, bitcoin in quote offers you the gifts of early retirement and financial freedom for forever.

I don't see real estate or Business doing that. You have to grind in businesses especially as a sole owner, 24 hours a day for years before you start to reap the benefits. Building a business would mess up your work-life balance and it has to if not, you are going to declare bankruptcy and shut down. I reiterate, bitcoin is the best option to invest in 2023.

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Litzki1990
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August 12, 2023, 02:34:36 PM
 #83

Bitcoin is always the best digital currency to invest. Although Bitcoin is one of the best currencies to invest in, there are many other currencies in the market that have the potential to be successful, so instead of investing in just one coin, you should invest in different coins because if any of the coins you invest in changes too much, that  Investing can change your destiny. Just as we keep our money in multiple pockets rather than just one pocket to protect our money from pickpockets, we must invest in multiple coins to be profitable. One should build one's portfolio by investing relatively more in Bitcoin and relatively less in other coins.

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August 12, 2023, 03:10:54 PM
 #84

Bitcoin is always the best digital currency to invest. Although Bitcoin is one of the best currencies to invest in, there are many other currencies in the market that have the potential to be successful, so instead of investing in just one coin, you should invest in different coins because if any of the coins you invest in changes too much, that  Investing can change your destiny. Just as we keep our money in multiple pockets rather than just one pocket to protect our money from pickpockets, we must invest in multiple coins to be profitable. One should build one's portfolio by investing relatively more in Bitcoin and relatively less in other coins.

I hesitate to invest in any altcoin before seeing the bull run yet. I invest in bitcoin because I trust bitcoin more than any other currency. I will also invest in altcoins but I want to see the bull run come first. Many altcoins will not reach the expected level, so I do not want to take risks.

While investing, we should invest in many coins and make baskets, but for now, I stay away from altcoins as I do not know which direction the price of any altcoin will go. If an altcoin exceeds a certain level then I am considering buying it. The situation is different for Bitcoin, it can always be bought.
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August 12, 2023, 04:07:15 PM
 #85

Bitcoin is still the best option to invest in 2023. Literally any one can get it with as little as $1 and then grow upwards with the right strategy. Business and real estate requires that I have xxxx amount of money. The speed as which people, I mean the younger generation have escaped the rat race and most of them have become digital nomads is because of bitcoin. Yes, bitcoin in quote offers you the gifts of early retirement and financial freedom for forever.
That is also something of the added value that bitcoin offers and although we are trying to buy with a slightly smaller amount of capital, compared to businesses and real estate which require a fair amount of capital to get involved. I mean it's not about making quick profits, but rather the approach in bitcoin can be accumulated with any amount of capital we have. This is what gave the younger generation the opportunity to try to capitalize on it and bitcoin will forever be a retirement gift in more independent financial freedom.

I don't see real estate or Business doing that. You have to grind in businesses especially as a sole owner, 24 hours a day for years before you start to reap the benefits. Building a business would mess up your work-life balance and it has to if not, you are going to declare bankruptcy and shut down. I reiterate, bitcoin is the best option to invest in 2023.
Building a business requires a long process that must be carried out by actors and no successful businessman generates quick profits in the short term by relying on little capital. It's the other way around with real estate which offers huge capital to get involved and there are many other things that many people may not be able to reach. The point is quite true that bitcoin is the best solution for now and we don't want to give any guarantees for the long term about bitcoin because people understand that very well.

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August 12, 2023, 04:07:32 PM
 #86



This is why I believe that Bitcoin investment is not for everybody, Some responsibilities are at stake for some people and they won't be able to afford a Sat of Bitcoin, some won't be able to complete their HODL dreams, and they will get tired along the way because they are of needs.

It is true that not everyone is economically qualified to invest in bitcoin but if I compare bitcoin investment with other investments, I find bitcoin investment much easier.  I mean, you can invest in bitcoin any amount you have, even 10$ or 20$, although the profit will be negligible.  but it's better than other investments, and there's nothing you can do with that money when you think about gold or real estate.  bitcoin is for everyone, but not everyone accepts it, it depends on each person's ability, bitcoin does not reject anyone.
Yes, we usually thought that was too easy but if you don't have good knowledge about Bitcoin and how to manage your wallet, you will be surprised that your funds are already gone. That is why I don't agree that Bitcoin is for everyone but rather say that we all have the opportunity, yet it is only our choice or desire to do it as it was not a good idea to force someone when they are not capable enough as in the end, they only regret it.
So I say, those who can afford to take risks can try Bitcoin but if not, better to forget it and look for an investment that we think can do it.

Despite the convenience investment Bitcoin could give to anyone due to its decentralized system, if you lack the knowledge of course you will also lack the chance to profit. Bitcoin is actually a good investment if you know what you are doing, but if you think that this investment doesn't suit you which is the crypto currency, there's a lot of alternative investment. Because some peopel despite the knowledge they have but if they don't have the motivation to study and analyze thing because that doesn't suit their skills and thinking then it's okay to find another investment than Bitcoin. If you want you could start with some small business or buy some real state that you can open for rental like air bnb.

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Inwestour
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August 12, 2023, 04:27:51 PM
 #87


Yes, we usually thought that was too easy but if you don't have good knowledge about Bitcoin and how to manage your wallet, you will be surprised that your funds are already gone. That is why I don't agree that Bitcoin is for everyone but rather say that we all have the opportunity, yet it is only our choice or desire to do it as it was not a good idea to force someone when they are not capable enough as in the end, they only regret it.
So I say, those who can afford to take risks can try Bitcoin but if not, better to forget it and look for an investment that we think can do it.
Many traditional investors, who already own a lot of capital do not consider bitcoin for investment, because they consider it too risky an asset. And I agree that the more your capital, the more it is worth worrying about its safety, the more our capital, the more it can bring profit even with small annual interest.

Bitcoin is suitable for those who are willing to take risks in order to be able to quickly increase their capital. Yes, there are always risks, and perhaps the most reliable investments with the lowest interest rates are also subject to certain risks, but they are not so high. This is the choice of everyone, in the end the winners are not judged, then there will be those who will say that those who bought bitcoin were just lucky.
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August 12, 2023, 04:29:18 PM
 #88


Investing in bitcoin in many aspects is much better than running a business, especially if you already own one business. 
I don't totally agree with this one and maybe because I have a passion for running the business rather than just holding Bitcoin. Of course, I have to accept that Bitcoin is profitable but because of uncontrolled price movement, there is no certainty to make a target profit every month or even every day, unlike business where you can really achieve it if you are working hard and have an effective strategy. But because we are talking about crypto investment, nothing could beat Bitcoin as it was the most trusted coin in the crypto space.

Only 21 Million Bitcoins will be created. What does this mean for you? Think of it this way, as Bitcoin becomes more popular, more people will want to own it. This means increased demand. As there are no more Bitcoins to be created, the demand for each Bitcoin will increase. This will cause the price to rise and the price of Bitcoin to reach an unreachable level. It may take many years for all of this to happen. Investing your money in different commercial instruments instead of Bitcoin in this time may provide you with income in a short time but when you think long term, even the smallest investment in Bitcoin will return much more in the future.

It is also very easy and fast to invest in Bitcoin. You can buy or sell BTC at any time. You do not need to sign an agreement, you can do everything yourself. I can give dozens of reasons to prefer Bitcoin over traditional banking systems. Some of these can make international transactions much cheaper and faster. You don't have to follow the stupid rules of banks. People send money to each other more easily, you control your money, not the bank. You can perform your transactions anonymously. All of this is a valid reason to invest in Bitcoin. Bitcoin promises you freedom.

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August 12, 2023, 04:44:37 PM
 #89

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.



       -     You know that all of us here in the forum have different thoughts and understanding of Bitcoin, there may be similarities but not in the end. We can't blame others because if that's how they know and trust Bitcoin and no matter how deep this trust is, that for sure can't be changed. Now ifyou want to change their mentality on Bitcoin, I don't think you need to do that.

Because, the trust they have in Bitcoin as a good investment for them based on their knowledge, you can't deny that. Because if we are talking about reality, the value of Bitcoin does not really decrease with each passage of time. That's the truth there.


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August 12, 2023, 09:04:15 PM
 #90

You have not read some articles of bitcoin, even a good cryptocurrency investor will tell you that bitcoin investment should be your side hustle, without being in signature campaign which investment do you have in bitcoin, investigate properly before making a conclusion, we need to make our investment to not be directed in one circle, at least recircle or extend our investment to another investment, why everyone is investing in bitcoin is because it's a decentralized currency and upon that I did not condemn bitcoin investment, I only said it will be good to invest in other side of investment and make bitcoin our side hustle
You are not saying anything new: one of the first advices in the investment world is diversification, never put all your eggs in one basket. It would be wrong with bitcoin (or any other cryptocurrency) just like it would be wrong with stock market or real estate because if for any reason one of those sectors would go down that means you would be losing a ton of money. But if 5-10 years ago it would have been wise to invest just a very small size of your portfolio in bitcoin, nowadays I think there is nothing wrong investing even 20-30%.
Both of you are saying almost the same thing, but the second person is more elaborate on this topic. While I understand the plight of the creator of this topic about diversification. He is saying this based on the volatility of Bitcoin and for the fact that nothing is sure not to fail.

If one happens to invest all they have in Bitcoin and eventually bitcoin fails, it will be so disastrous for the person.
But then, according to the second speaker, at this stage of the Bitcoin, we are sure that bitcoin is not feeling any moment. Therefore it is nice to invest appreciable percentage of your portfolio in Bitcoin, and it is also encouraging to diversify according to the OP.

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August 12, 2023, 09:51:29 PM
 #91

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.

I think you are gravely mistaken- investing in BTC for either short/long-term can yield excellent results given that you know what you are doing.

Again. let me just reiterate- investment is an activity where you have extra resources to be allocated in this venture for long-term results. The reason on why people invest in the first place is for their extra money to grow instead of just sitting at their safe doing nothing.

As this may be the case, investment is "an another activity" in conjunction with your main source of income. Sure, there may be people who have multiple investment instruments running that can support their livelihood but you must not use this solely as your main source of income.

R


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August 12, 2023, 11:32:47 PM
 #92

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

The best investment are no longer physical investment and an example is Bitcoin investment, we also have forex, stock market, bond, shares and the list can go on. Don't limit your investment to physical business because they have their limitations and disadvantages too.

Digital investment is the new type of investment and billionaire are been produce from this means of investment that will take your physical investment years to get to their level of wealth. When. You make money from bitcoin, you can sell and wait for the market to dip to buy.

Bitcoin is a future investment so you shouldn't be bothered about the short  profits. Keep accumulating bitcoin and in the future instead of joining other's to regret not investing in Bitcoin or selling their Bitcoin for physical business, you'll relaxing because you trust Bitcoin.

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August 13, 2023, 02:18:39 AM
 #93

Bitcoin is still the best option to invest in 2023. Literally any one can get it with as little as $1 and then grow upwards with the right strategy. Business and real estate requires that I have xxxx amount of money. The speed as which people, I mean the younger generation have escaped the rat race and most of them have become digital nomads is because of bitcoin. Yes, bitcoin in quote offers you the gifts of early retirement and financial freedom for forever.

I don't see real estate or Business doing that. You have to grind in businesses especially as a sole owner, 24 hours a day for years before you start to reap the benefits. Building a business would mess up your work-life balance and it has to if not, you are going to declare bankruptcy and shut down. I reiterate, bitcoin is the best option to invest in 2023.

Bitcoin is the best choice because we don't have enough money to invest in real estate or open a business, that's why most of us choose bitcoin.
I disagree when you say that if you invest in bitcoin you will get early retirement and financial freedom forever, while trading will lead to losses and bankruptcy. Don't forget that today's rich are all rich in business and real estate, they don't even own bitcoins. Moreover, investing in bitcoin also has its risks, you can lose or win, just like in business can be profitable or bankrupt. In short, bitcoin is the best choice for people with small capital but willing to take risks in search of big successes.

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August 13, 2023, 04:59:03 AM
 #94

Bitcoin remeans my number one choice for investment, as a beginner with a low capital for investment.  I will advice my children to look into Bitcoin investment first before other business like real sate, and business. dependency of Bitcoin makes me love Bitcoin more, is not that I can not go into another business. but as a person with a low capital,  I will advice  for them to go into Bitcoin investment first because of Bitcoin is reliable. as for my children, they will still invest in other business. but it must be Bitcoin first before others.
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August 13, 2023, 05:16:19 AM
 #95

Bitcoin is still the best option to invest in 2023. Literally any one can get it with as little as $1 and then grow upwards with the right strategy. Business and real estate requires that I have xxxx amount of money. The speed as which people, I mean the younger generation have escaped the rat race and most of them have become digital nomads is because of bitcoin. Yes, bitcoin in quote offers you the gifts of early retirement and financial freedom for forever.

I don't see real estate or Business doing that. You have to grind in businesses especially as a sole owner, 24 hours a day for years before you start to reap the benefits. Building a business would mess up your work-life balance and it has to if not, you are going to declare bankruptcy and shut down. I reiterate, bitcoin is the best option to invest in 2023.

Bitcoin is still the best option to inverse your money this year also.The bear market was in process from the 30k mark,still the market will react in the positive way.Bitcoin had enable us to get financial freedom from the society.Mostly we are financial dependent by the regular jobs,but we being the bitcoin user we get more benefit from the bitcoin.Because many of my friends get settle in their life using the bitcoin and some trusted altcoin investments.Many business depends on the cryptocurrency had their massive growth now a days.
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August 13, 2023, 07:34:24 AM
 #96

Bitcoin is still the best option to invest in 2023. Literally any one can get it with as little as $1 and then grow upwards with the right strategy. Business and real estate requires that I have xxxx amount of money. The speed as which people, I mean the younger generation have escaped the rat race and most of them have become digital nomads is because of bitcoin. Yes, bitcoin in quote offers you the gifts of early retirement and financial freedom for forever.

I don't see real estate or Business doing that. You have to grind in businesses especially as a sole owner, 24 hours a day for years before you start to reap the benefits. Building a business would mess up your work-life balance and it has to if not, you are going to declare bankruptcy and shut down. I reiterate, bitcoin is the best option to invest in 2023.

Bitcoin is the best choice because we don't have enough money to invest in real estate or open a business, that's why most of us choose bitcoin.
I disagree when you say that if you invest in bitcoin you will get early retirement and financial freedom forever, while trading will lead to losses and bankruptcy. Don't forget that today's rich are all rich in business and real estate, they don't even own bitcoins. Moreover, investing in bitcoin also has its risks, you can lose or win, just like in business can be profitable or bankrupt. In short, bitcoin is the best choice for people with small capital but willing to take risks in search of big successes.
Even for someone with a large sum of money bitcoin can be a great investment, after all even if the upcoming bull run is more mild than the ones we have seen during the previous halvings, it is still bound to produce way more profits than what you can get in many other markets, so with this information it is not difficult to imagine that investors with a lot of money in hand may decide to invest in bitcoin and obtain the same results in a few years which could be obtained in other markets in decades.
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August 13, 2023, 07:52:39 AM
 #97

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.
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August 13, 2023, 08:02:31 AM
 #98

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.



The fact is that the value of investing in bitcoin depends on what time it is for finance, I mean what the situation is in the global economy.
Unfortunately, bitcoin failed as a "Shelter" currency in which to invest in bad times. If there is some kind of tension in the global financial market, then investors first of all withdraw money from the crypt to fiat. But Gold is an excellent "Shelter" investment, and it has been so at all times.

In general, the situation in the world is just bad now, and bitcoin is frozen in anticipation, and at this time Gold is hitting the highs of its price values.

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August 13, 2023, 09:05:33 AM
 #99

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.
The bottom line is that not everyone can become a business owner, it's not as easy as it might seem. Even though there is more to work and deal with taxes and many others, there are still many who want to be a boss and not a worker, but the truth is that only some people are ready for this, everyone else will choose to be an employee and not think about all the difficulties of running a business, even though they will earn less.

They will work 8 hours a day and then they will go about their business, relax or spend time with their families, and the owner will sit at work, or even if he is not at the office, he will still think about his business, such is the price for the opportunity to receive more earnings.
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August 13, 2023, 10:27:03 AM
 #100

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.
The bottom line is that not everyone can become a business owner, it's not as easy as it might seem. Even though there is more to work and deal with taxes and many others, there are still many who want to be a boss and not a worker, but the truth is that only some people are ready for this, everyone else will choose to be an employee and not think about all the difficulties of running a business, even though they will earn less.

They will work 8 hours a day and then they will go about their business, relax or spend time with their families, and the owner will sit at work, or even if he is not at the office, he will still think about his business, such is the price for the opportunity to receive more earnings.
So, the "poor" business owner has to think more about their venture? Cry me a river. Everyone makes choices, and those who choose business ownership recognize the pitfalls. But lets not act like every employee lives in some fairy-tale world of 8-hour workdays and blissful evenings. Some are constantly on-call, working unpaid overtime, while their bosses take lavish vacations on their hard work. Maybe the line isnt as clear as you'd like to think. Business ownership might not be for everyone, but neither is the illusion of a stress-free employee life

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