Is bitcoin best option to invest

[uneng]

Investing in bitcoin is not something one can do without being watchful. One has to know when to make investment and when not to, to avoid losing money. As it is, the price of bitcoin fluctuates, but there are times when the price is more likely to rise, for example, after the bitcoin halving. Mostly, if one makes a long-term investment, the end result is usually positive. All in all, any bitcoin investor should be watchful.

No matter what chances there is, we have no assurance of the market price behavior 'coz it is dependent with demand and demand on the other hand is affected by many factors. Never be too confident.

Also to those who are too optimistic in Bitcoin as an asset or investment. Definitely it is not the best to engage to. There are other alternatives and that depends on your preference as an investor. Pehaps you are bot confident with high volatility. There are properties, gold, and other assets having a potential to have higher market price in the future. Problem with some investors are not gauging the risks and circumstances. They're only focused with the profit but not with the risks.

The problem with other assets like the ones you mentioned is that they demand a large budget from investors to start, are too bureaucratic or inacessible. So Bitcoin becomes the best alternative in every cases, despite its high volatility which isn't that high for real when you compare to its altcoins pairs.

Investors just have to be patient and draw a long term plan to not get desperate by short term crashes. That shouldn't be that hard and after all the rewards once we reach a new bull run are totally worthful.

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[HajiBagi]

I really like what you said, and I think it's crucial for everyone, including bitcoin investors and business owners. We all know that investing in bitcoin can yield a profit, but it's not the kind of profit we were expecting; bitcoin is an investment for people who are capable of doing it or who have the resources to do so; it's not for those who can't hold onto their money for a long time. When I heard from a friend that his uncle had invested in bitcoin for more than four or five years, I realised for the first time that bitcoin is for individuals who can hold onto something without even thinking about it. This led me to believe that bitcoin is more than just an ordinary investment; it also serves as a form of future savings.

I'm trying to convey that, while investing in bitcoin is not a bad idea, sometimes we need to be aware that it is not a short-term investment and that we never know when we will be needed. There are other ways we can earn money besides through bitcoin, and we should always teach our children and other people about them. If you invest in bitcoin, you might have money problems to deal with, and if you sell it at a low price, you will lose money. I don't think you can sell it like that. However, if you engage in activities like business or something else that will bring in income every day of the week, you will be able to survive even during a period of financial difficulty.

[Blitzboy]

I really like what you said, and I think it's crucial for everyone, including bitcoin investors and business owners. We all know that investing in bitcoin can yield a profit, but it's not the kind of profit we were expecting; bitcoin is an investment for people who are capable of doing it or who have the resources to do so; it's not for those who can't hold onto their money for a long time. When I heard from a friend that his uncle had invested in bitcoin for more than four or five years, I realised for the first time that bitcoin is for individuals who can hold onto something without even thinking about it. This led me to believe that bitcoin is more than just an ordinary investment; it also serves as a form of future savings.

I'm trying to convey that, while investing in bitcoin is not a bad idea, sometimes we need to be aware that it is not a short-term investment and that we never know when we will be needed. There are other ways we can earn money besides through bitcoin, and we should always teach our children and other people about them. If you invest in bitcoin, you might have money problems to deal with, and if you sell it at a low price, you will lose money. I don't think you can sell it like that. However, if you engage in activities like business or something else that will bring in income every day of the week, you will be able to survive even during a period of financial difficulty.

You dont seem to understand the purpose of Bitcoin at all. Its not only something wealthy folks do to pass the time. Our banking systems are not faultless, as the 2008 catastrophe reminded us. Not Bitcoin, but traditional financial methods. Bitcoin is a tool to combat power centralization and the erosion of faith in traditional systems.

You discuss business as though it were the only reliable source of income. Do you know of any businesses that have failed, buddy? They break down every day. Bitcoin represents a significant shift in how we think about money, not merely a "hold and hope" investment. Yes, its important to educate the future generation about diverse income streams, but avoid making Bitcoin look absurd. Its here to at least slightly alter the course of events. Whether you keep it or dont, dont make it any less useful.

[HONDACD125]

Correct. When we choose to invest in a sector, of course we have done a long research or analysis first. And when we have found good potential for the future and this potential has succeeded in convincing us, then we can start investing with the money we have prepared appropriately. If we have 100% capital and we have 5 sectors we want to enter. Then we can divide it by investing more in one of the sectors with the least risk and we invest the rest in the sector with the highest risk. The division of investment capital based on the risks that we know is actually quite effective in keeping our own psychology in this regard.

And for Bitcoin because it has a high risk, we must invest wisely, namely with reasonable limits. Or as many people say, money that we can afford to lose. We may see many large companies accumulating large amounts of bitcoins. But know what they spend on bitcoins may actually only be 1 - 10 % of their total wealth assets.

Undoubtedly, any investment made after research and information can prove to be reliable and profitable.However, risk is present everywhere but we should avoid those investments which have high chances of capital loss.You are right that we should invest more in low risk sectors.

It is a fact that cryptocurrency market is risky market and anything can happen in the market at any time,but I think Bitcoin has the lowest risk compared to the rest of the cryptocurrency market.Therefore, people who have more capital often invest in Bitcoin.However, this does not mean that we should invest all of our money in Bitcoin, rather we should invest a portion of our capital that we can afford to lose.Wherever we intend to invest, we should invest keeping in mind all the risks involved.

[yazher]

We think bitcoin is a worthwhile long-term investment. However, we also note that bitcoin is extremely volatile. That means it experiences large price movements over short periods. Before investing, you must understand the risks involved: you could lose all or a large portion of your investment.

Well, you should practice moderation when it comes to investment because this is not gambling where you don't care about the outcome whether win or lose. sometimes you need to patiently wait for some period of time so that you can get a decent amount of income from your investment. Hopefully, when you manage to get enough capital for your investment, you just need to consider that bitcoin investment is good when you choose the long-term one because it will guarantee you profits rather than loss. You just need to have patience and have some other source of income in order not to worry about it when volatility strikes.

[xSkylarx]

We think bitcoin is a worthwhile long-term investment. However, we also note that bitcoin is extremely volatile. That means it experiences large price movements over short periods. Before investing, you must understand the risks involved: you could lose all or a large portion of your investment.

Well, you should practice moderation when it comes to investment because this is not gambling where you don't care about the outcome whether win or lose. sometimes you need to patiently wait for some period of time so that you can get a decent amount of income from your investment. Hopefully, when you manage to get enough capital for your investment, you just need to consider that bitcoin investment is good when you choose the long-term one because it will guarantee you profits rather than loss. You just need to have patience and have some other source of income in order not to worry about it when volatility strikes.

This is where the challenges start. Most of the newbies thought that it was easy to hold, but technically speaking, it is really easy to hold, but your thoughts and emotions are the problem because you'll tend to panic, and that is where you start selling it off. Like right now, with the recent dump, a lot of newbies are panicking and selling their assets because they are scared to lose their profit, which we know is impossible at the current state. One of the strategies that they will use is to forget about their assets; they will check them after a year or more so that they won't be tempted to sell them off at a loss.

[GeorgeJohn]

Bitcoin investment doesn't have a specification time for someone to invest in bitcoin, I know quite well that bitcoin investment have to do some certain investment, so therefore investment of can be easily achieved at any in time depends on your financial strengths. So therefore, I know quite well that bitcoin investment is something we know that people do think that the best time you can invest in bitcoin and make profit is when bitcoin is at low price, actually its quite right but bitcoin can at high price and you purchase and invest, because their is every tendency that the price of bitcoin can rise above humans expectations. You can buy when bitcoin fall and after purchasing at that particular point of price and tye price become depreciate for the second time.