Is bitcoin best option to invest

[Negotiation]

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'm sure you're saying that because you don't know enough about Bitcoin. You do not consider Bitcoin to be the best location to invest. I'm a newbie and am still learning about bitcoins, but I believe Bitcoin will be the best investment that I can make that will give me a higher profit in the long run if I keep it for 3 to 5 years. You can't just invest in BTC for two weeks or three weeks and expect a profit because the price focuses exclusively and can fluctuate at any time. If you want to become wealthy with Bitcoin, you just need to be patient and invest for the long term. and you will reap the rewards.

Rightly said that maybe he has no knowledge and idea about bitcoin and therefore is not thinking of investing. Bitcoin investment is the best option and will provide good long term profits which may not be possible in investing in any other currency. The financial and economic markets are in extreme turmoil and as we approach the end of the year, cryptocurrency investors offer a unique opportunity to achieve success if they can invest in bitcoin, which is set to rise in value over the next year.

[puloweh555]

In other side, people would think Bitcoin is not the best option to invest because high reward comes with high risk as well especially if your emotions and mental are not strong enough to endure the price crashing anytime and it could take more than few months to recover. But, for us we would think Bitcoin is the best one because you can just simply buy and hold for few years and come back to see the reward.

People would say the investments are best for them because they know what to do and what to expect from that particular investment, same as stock trading. It depends on that person.

The basic things we need to know first, Bitcoin which is created from blockchain technology is a major invention after the internet which is based on the peer to peer principle that uses a decentralized server without the intervention of third parties (banks). why is it worth it because the technology is without double spending, the level of security is high and the amount is limited to only 21 million bitcoins.

From the explanation above, in my opinion so far what I know is the best investment is bitcoin. Because it's no longer a secret bitcoin as a savings investment for the future. As more people invest with Bitcoin, the price will skyrocket. Even though Smart People can get lucrative results, on the other hand investing with bitcoin also includes high risks. It all depends on each individual because investment can be easy and maximum results can be obtained if consistent.

[yazher]

Rightly said that maybe he has no knowledge and idea about bitcoin and therefore is not thinking of investing. Bitcoin investment is the best option and will provide good long term profits which may not be possible in investing in any other currency. The financial and economic markets are in extreme turmoil and as we approach the end of the year, cryptocurrency investors offer a unique opportunity to achieve success if they can invest in bitcoin, which is set to rise in value over the next year.

There's no doubt about it since it attracts huge companies such as Paypal and others to turn their company into one of the crypto online payment as well. Bitcoin is huge and it never fails those who invested for the long term because they know based on its history that the price will recover over and over again. If only people would consider checking its past history, they would have known that the price is 100% recovered but doubt took them and they missed the most important thing, to sell those bitcoins when it reached new ATH.

[bayu7adi]

Bitcoin is huge and it never fails those who invested for the long term because they know based on its history that the price will recover over and over again. If only people would consider checking its past history, they would have known that the price is 100% recovered but doubt took them and they missed the most important thing, to sell those bitcoins when it reached new ATH.

However, I believe that those who hastily dive into Bitcoin investments might find it challenging to rein in their emotions during bearish Bitcoin price trends. This scenario unfolds all too frequently, where individuals harbor soaring expectations for Bitcoin's trajectory, only to overlook the possibility of bearish phases.

For those well-versed in the nuances of Bitcoin, they possess the acumen to adeptly navigate Bitcoin's financial cycles and assert that Bitcoin stands as a paramount investment.

Yet, for those who remain oblivious to Bitcoin's intricacies, it might not qualify as the supreme investment until they've genuinely grasped its essence.

[WatChe]

Rightly said that maybe he has no knowledge and idea about bitcoin and therefore is not thinking of investing. Bitcoin investment is the best option and will provide good long term profits which may not be possible in investing in any other currency. The financial and economic markets are in extreme turmoil and as we approach the end of the year, cryptocurrency investors offer a unique opportunity to achieve success if they can invest in bitcoin, which is set to rise in value over the next year.

Every investment sector has its own pros and cons. Bitcoin is better or best for people who have knowledge or understanding of this market. If you are coming here only to get rich with no effort or zero knowledge you are deemed to lose your money.

Its not wise to declare other markets unfit for investment since they are more mature and old then crypto market. There are more people with more captial in equity trading then what we have in crypto market.

[Dr.Bitcoin_Strange]

Many times such news is published that many people are investing by selling their necessary goods or land. Never sell your stuff and invest in a platform, especially a crypto platform. Investing in Bitcoin can never be compared to physical investment.

Well, it is somehow not bad to sell some land properties in order to invest in Bitcoin, but it depends on how the person handles the sale of those properties. There was a case where some users said he had two motorcycles but only made use of one, so he sold the other one and used the money to invest in Bitcoin, while another user also had more than two plots of land, so he sold one and invested in Bitcoin with the money he realised. I consider such a practice a wise one because the person did not sell everything to invest in Bitcoin, but there are some people who are selling almost every physical asset they have to invest in Bitcoin, and sometimes they Begin to regret their actions. Some people also collect loans to invest.

[Renampun]

...

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 an investor, it is highly recommended to have many businesses so that the invested assets will not be sold at a loss because they need funds or others, bitcoin as one of the investment assets has price fluctuations that change very quickly, just imagine the rapid changes that continue to occur in bitcoin every hour so that if a bitcoin investor does not have other income besides bitcoin investment, it is likely that the person will lose money especially when changes in the world economy occur very quickly.

[Furious 7]

...

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 an investor, it is highly recommended to have many businesses so that the invested assets will not be sold at a loss because they need funds or others, bitcoin as one of the investment assets has price fluctuations that change very quickly, just imagine the rapid changes that continue to occur in bitcoin every hour so that if a bitcoin investor does not have other income besides bitcoin investment, it is likely that the person will lose money especially when changes in the world economy occur very quickly.

Business or work is the top priority and investment is an option to strengthen the economic conditions that we have.
Indeed, bitcoin is one of the good things to consider, but in this case it does not mean that we only hope for bitcoin because of course we have to have some handles so that our conditions in the economy can be maintained properly.
bitcoin is an investment for our future to make it better and in this case for our current life which is going on to meet the future then there must be something that can push it from an economic point of view and doing business or work as the main responsibility must not be abandoned so that we can live comfortably now and have a handle also for the future from the investments we make.

[rachael9385]

Well, it is somehow not bad to sell some land properties in order to invest in Bitcoin, but it depends on how the person handles the sale of those properties.

Well for me I will not sell my land property to invest in bitcoin but I will use half of the land to get a collateral loan and invest the Loan money on bitcoin, lands are also an investment, in future that 1 piece of land might worth millions of naira but today 1 Bitcoin doesn't worth millions of dollar, it take more than 10 Bitcoin to worth millions of dollar today but we are all hoping for bitcoin to reach that stage when 1 bitcoin can Worth millions of dollars.
If we want to sell some of our properties to invest in in Bitcoin I will prefer selling car or a motorcycle because these things are also a responsibility nowadays, you will have to buy fuel all the time especially now that the cost of fuel in my vicinity is too high.

[Kelvinid]

Well, it is somehow not bad to sell some land properties in order to invest in Bitcoin, but it depends on how the person handles the sale of those properties.

Well for me I will not sell my land property to invest in bitcoin but I will use half of the land to get a collateral loan and invest the Loan money on bitcoin, lands are also an investment, in future that 1 piece of land might worth millions of naira but today 1 Bitcoin doesn't worth millions of dollar, it take more than 10 Bitcoin to worth millions of dollar today but we are all hoping for bitcoin to reach that stage when 1 bitcoin can Worth millions of dollars.
If we want to sell some of our properties to invest in in Bitcoin I will prefer selling car or a motorcycle because these things are also a responsibility nowadays, you will have to buy fuel all the time especially now that the cost of fuel in my vicinity is too high.

Indeed, you have the option the most important is that you find a way how to start investing in Bitcoin. It was not necessary to sell anything if we already have enough money to start nor to sacrifice valuable things in our life but somehow, sometimes we gonna do this to seek of new opportunities.
Well, selling our land is certainly not a good idea but some people see it as the best option and I see why, and it is because they believe that investing in Bitcoin will prosper more in their life than having it. Because if I don't get a huge benefit from that land, I also sell it and look for another opportunity.

[Tony116]

Well, it is somehow not bad to sell some land properties in order to invest in Bitcoin, but it depends on how the person handles the sale of those properties.

Well for me I will not sell my land property to invest in bitcoin but I will use half of the land to get a collateral loan and invest the Loan money on bitcoin, lands are also an investment, in future that 1 piece of land might worth millions of naira but today 1 Bitcoin doesn't worth millions of dollar, it take more than 10 Bitcoin to worth millions of dollar today but we are all hoping for bitcoin to reach that stage when 1 bitcoin can Worth millions of dollars.
If we want to sell some of our properties to invest in in Bitcoin I will prefer selling car or a motorcycle because these things are also a responsibility nowadays, you will have to buy fuel all the time especially now that the cost of fuel in my vicinity is too high.

Indeed, you have the option the most important is that you find a way how to start investing in Bitcoin. It was not necessary to sell anything if we already have enough money to start nor to sacrifice valuable things in our life but somehow, sometimes we gonna do this to seek of new opportunities.
Well, selling our land is certainly not a good idea but some people see it as the best option and I see why, and it is because they believe that investing in Bitcoin will prosper more in their life than having it. Because if I don't get a huge benefit from that land, I also sell it and look for another opportunity.

Selling land to invest in bitcoin would be a bad idea if we only have one piece of land and our whole family is living on it. But if we have a lot of real estate and sell a few unused pieces to invest in bitcoin, it is not a bad idea. But the sale of assets should only be thought of when we are not using them. We should not be lazy and thinking that we just sell the property to invest in bitcoin and will make a profit from it without going to work.

There are so many ways to get money, why don't we work hard and save to invest in bitcoin? Why always think about selling property for investment? In my opinion, that mindset belongs to lazy people.

[Emmanuelex]

You don't need to look at what people had to say, you just have to do your thing. Bitcoin is a good choice, but there are also other assets in the crypto market that are as good as well. Bitcoin is usually a top choice for me though, but I also try to diversify with the remaining money I have set out after investing in Bitcoin, and use it invest in other coins that are worth investing. If you don't do this, you might miss out on some good opportunities. Bitcoin is usually like a long term investment for me.

[WillyAp]

The stock exchanges have sometimes better returns than Bitcoin.
Ok if you sell at ATH and bought at 20 000, its hard to beat. But who is that lucky? 

[lizarder]

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?

Any of us who have known bitcoin for a long time must have been carefully educated enough to get involved in it. If indeed this question is directed at me, then there must be an adjustment that might be answered according to experience and the facts that have existed. The digital economy is one activity that is carried out with full speculation and if someone can't run it properly it will bring them to a certain stage of loss.

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.

I have answered this question in a previous post, that to make a profit in crypto you need to go through certain activities where each process is carried out in accordance with the amount of capital we spend, so that profits can be seen to what extent a person's ability to place their money. Of course it takes knowledge, planning (strategy) and courage to get involved in investing and trading in particular, there will always be a balance between capital and the profits we get unless you try to invest in bitcoin in the long term by continuing to add asset ownership.

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?

Bitcoin can bring a person to achieve financial freedom if it can be utilized properly and worst case scenario when people do not have proper investment knowledge and understanding it will lead to loss stage. That's what's called an individual shortage isn't a fundamental drawback of bitcoin?

[ChiBitCTy]

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 make some good points here.  As a financial advisor this is something I speak about with clients all of the time.  My message to them is always the same...bitcoin is first and foremost a digital decentralized cryptocurrency..it's NOT inherently and investment.  Now just the same as any fiat currency, it's been turned in to an investment, and if your bitcoin value increases dollar wise, of course it acts like an investment, but that's not what it is. 

I wish people would focus more on the breakthrough technology that it brings to the table.  That's why I fell in love with it many years ago.

[minersday]

Any investment choice, including Bitcoin, should be founded on thorough study, research, and awareness of the dangers involved. The value of Bitcoin is very speculative and fluctuates. Its value may change significantly over brief intervals, which might result in big gains or losses. If you're considering buying Bitcoin, keep the following things in mind:

The price of Bitcoin is notorious for being extremely volatile. Despite the possibility of large profit possibilities, this volatility carries a considerable risk for investors.

It's critical to conduct a study about Bitcoin, its underlying technology (the blockchain), and its possible applications before making an investment.

Think about your risk tolerance and investing objectives. Bitcoin's price can fall dramatically in a short period of time, so only invest what you can afford to lose.


It's also important to keep in mind that the Bitcoin market is continuously changing and that new innovations, technologies, and rules may have an influence on its dynamics. Take the time to educate yourself fully if you're thinking about investing, and base your selections on your financial status, risk tolerance, and investment objectives.

[BRINIRHA]

Well Bitcoin is not the only investment sector that can be entered. Because there are more other sectors out there. I personally also invest a lot in other things. Especially in my business, which I keep trying to grow to be bigger. Investing in Bitcoin which does have a high risk is certainly not good for us to enter with all of our financial capabilities. We only enter with small money that continues to be stacked regularly (DCA) and we save it for the long term to hopefully get big profits in the future. And well it's not for quick schemes nor is it for quick profits either. But Bitcoin is worth getting into with the money we have. But of course only with cold money and not hot money. Remaining household expenses or from additional income from side jobs and others.

[Mr.right85]

The stock exchanges have sometimes better returns than Bitcoin.
Ok if you sell at ATH and bought at 20 000, its hard to beat. But who is that lucky? 

The IF word right there and the ability of you selling at an ATH speaks highly of the probability nature of it and possible risk. In essence one has to establish a risk situation for any profit oriented investment.

If your looking out for what’s best for an investment choice, you could only fine that based on what plans you’ve got for your investment. The plans defines what you and the investment can endure, what risk situations you can take and what would be expected within a period.
If you can tell these, along with your know well of the investment choice, then picking which is best for you to try it out won’t pose much challenge.

[Inwestour]

There's no doubt about it since it attracts huge companies such as Paypal and others to turn their company into one of the crypto online payment as well. Bitcoin is huge and it never fails those who invested for the long term because they know based on its history that the price will recover over and over again. If only people would consider checking its past history, they would have known that the price is 100% recovered but doubt took them and they missed the most important thing, to sell those bitcoins when it reached new ATH.

But you agree that history cannot repeat itself all the time, or cycles and their duration may change in the future, and Bitcoin will most likely have less room for growth with each cycle, since it will become more expensive each time.

Perhaps we are now going through one of the last short cycles, and in the future the bearish cycles will become much longer, or their duration may change slightly, but at the same time, the increase in the price of bitcoin will not be as large as it was in the past. All this must be taken into account when we invest in bitcoin.

[HONDACD125]

Well Bitcoin is not the only investment sector that can be entered. Because there are more other sectors out there. I personally also invest a lot in other things. Especially in my business, which I keep trying to grow to be bigger. Investing in Bitcoin which does have a high risk is certainly not good for us to enter with all of our financial capabilities. We only enter with small money that continues to be stacked regularly (DCA) and we save it for the long term to hopefully get big profits in the future. And well it's not for quick schemes nor is it for quick profits either. But Bitcoin is worth getting into with the money we have. But of course only with cold money and not hot money. Remaining household expenses or from additional income from side jobs and others.

You are right that Bitcoin is not the only sector we can invest in. I think if someone can invest in Bitcoin then it can be a profitable investment for him. If one invests his entire capital in Bitcoin, he has to bear the risk of loss. You are right that we should invest with small amount and using DCA method, and most importantly our investment should be long term. One cannot get profit from Bitcoin investment in days or months, and it is not a shortcut to get rich. We should always invest money that is more than we need and in case of loss our daily life is not affected. However, we have a lot of faith in the cryptocurrency market, and Bitcoin in particular, where we can make good returns by investing.