Bitcoin is the Choice of Investors

[AmoreJaz]

-snip-

Yes, it had dropped for a while but I am still uncertain that the fees will increase again. But this is just a week that we're experiencing it and I think that we're about to see the lowest again soon.

Transaction fees will never be stable over time and will continue to fluctuate depending on how many transactions fill the mempool. I'm not at all surprised that transaction fees will become more expensive in the future - but there are positive indications that there may be a correlation between transaction fees and price increases.

That's right, the positive indication that it will be is because the price of Bitcoin is higher so, we're looking at the dollar value of the sats/vB instead of the quantity that's being provided for us to pay.

Moreover - check the transaction fees before you broadcast so as not to be delayed by low fees: https://mempool.space/
So far it's hard to expect transaction fees to drop to 1 sat/byte - I can imagine that won't happen until later this year. But again - expensive transaction fees will not completely hinder the real use case of bitcoin.

Everyone wishes to see it drop to 1 sat/vB but we don't know until that moment comes again because it's just so hard to expect that because of the ordinals.

we have been in this situation before, high fees and slow confirmation. but i think, it will still go down. maybe not 1sat/vB but a lot lower than what we have right now. this is the bottleneck when it comes to payment method. i won't use my btc if i need to pay hefty amount just for the tx fees.
for now, if you have no urgent needs of your cash, better keep your btc in your wallet. it is just another hiccup that we need to overcome.
also, you can convert your btc to other cheaper alts if you need to transfer it to your wallet or other platforms. you can easily calculate the difference of fees incurred.

[1715607199]

1715607199

[1715607199]

1715607199

[terrific]

~snip~

we have been in this situation before, high fees and slow confirmation. but i think, it will still go down. maybe not 1sat/vB but a lot lower than what we have right now. this is the bottleneck when it comes to payment method. i won't use my btc if i need to pay hefty amount just for the tx fees.
for now, if you have no urgent needs of your cash, better keep your btc in your wallet. it is just another hiccup that we need to overcome.
also, you can convert your btc to other cheaper alts if you need to transfer it to your wallet or other platforms. you can easily calculate the difference of fees incurred.

I am not also inclined with that when the transactions aren't that much but the fees are a lot.
I wouldn't sacrifice it when I feel that I'll lose a lot from that transaction. I'm still for Bitcoin as an asset and store of value but when it's come to these transfers, if I'll lose a lot from the fees then I won't do the tx. If they're just like a couple of bucks and pennies, no problem. But when it goes tremendously and becomes more than $10. that's so much.

[Minor Miner]

Indeed, if we talk about profits, altcoins clearly dominate bitcoin and it is not a bad choice, but it is confusing that so many people hate it and even hate those who invest in altcoins. Each person's goal when entering this market is different, so there will be different choices, just because others don't make the same choices as us, we discriminate and criticize them. Is what we are doing right?

Why don't we invest mainly in bitcoin and only spend a small part in altcoins to find our own luck? Many people have changed their lives thanks to altcoins, not just bitcoin. Just as many people became rich by investing in gold and stocks, but many bitcoin investors believe that such investments are useless.

2023 was not the best year for altcoins and Bitcoin showed that it is a much better investment. Some altcoins were also able to grow well, but Bitcoin did not outperform so many altcoins to be able to generalize their results.

I think that as long as Bitcoin moves towards the new ATH, the situation will not change much, the result of Bitcoin will still be better than that most of altcoins, and only after that altcoins will catch up. You can use this if you can, Bitcoin always rises first.

If you regularly follow the altcoin market, you wouldn't say that 2023 is a bad year for altcoins. Let's take a project I invested in, Fetch.Ai. I bought it at 0.24 in August and just now I sold it when it hit $0.56. I got a very small profit from it, but for those who invested in it from 2019 till now, they have made huge profits. It's just one of many altcoins that are giving good returns in the market, why say 2023 is a bad year for altcoins?

As I also said, focus mainly on bitcoin but don't miss the opportunity with altcoins. While you are focusing 100% of your time and money on bitcoin, many of us are optimizing profits through altcoins, Fet, Rndr, Fil...many altcoins had x2 in October. Why miss these opportunities to increase your capital and when bitcoin falls below $36k is a good time to accumulate?

[Qiubell5]

• During the March 2023 regional bank crisis, the value of Bitcoin increased from $18,900 to $30,000. This was a strong indication that Bitcoin is more than just a hedge against inflation; it is also a "Safe Haven."
• "Transparent and Decentralized" is how Bitcoin describes itself and this has remain true over time.
  

Bitcoin and gold do have very good price stability, because that has been proven. However, if you look at price growth, bitcoin is indeed faster than gold. Because in just 1-2 years, Bitcoin has experienced a very significant price increase. But don't forget, bitcoin's decline is always very drastic. For example, what always happens after halvings and bullruns. Bitcoin usually always experiences very drastic price drops.

However, if we talk about the stability of gold prices, the price increase is always not too high. However, even so, the price drops that occur are usually not large. Therefore, gold and bitcoin do have advantages and disadvantages in the area of market value stability.

But what's truly unique about bitcoin and what gold isn't is its decentralized nature. Now with this important point, Bitcoin has indeed become popular among investors.

[laurenB7742]

There is no doubt in that the bitcoin is best for investment as today bitcoin is at it’s lowest price and in future it will go to 50-60K usdt but there is a high risk associated with bitcoin while in case of gold the price is more stable so investor always prefer a stable thing to invest.

The needs of every investor are different, there are some investors that do not have as their priority to produce more wealth and what they want more than anything is to just preserve it, and gold can be a good way to do this as gold over the long term can track inflation and beat it, however for those that are still looking to increase their wealth then there is no doubt that an asset like bitcoin is a very attractive choice, since it can produce profits in a short amount of time you could not produce with gold.

And it can be an option as well to take them both -Bitcoin and Gold. While Bitcoin is heated up, smart investors have taken advantage of the situation, so instead of putting more funds into Gold, they are staking more on Bitcoin. Perhaps, it was a prevailing opportunity that most people wanted as acquiring Bitcoin could possibly make them rich. While many individuals are showing huge profits experience from investing in Bitcoin, the more it drives people to try.

It depends, small investors with little capital will choose bitcoin to increase their assets, but those who are already rich need safety more than continuing to take risks. That is why we can see billionaires and large investors not wanting to take risks to invest in bitcoin. Every investor's needs are different, but in our situation, bitcoin was clearly the better choice so it's no surprise that everyone chose bitcoin. But if we became rich and bitcoin remained as volatile as it is today, would we still prioritize bitcoin in our portfolio? I really doubt that.

[Ricardo11]

Bitcoin is an investor's best choice.  Because an investor can earn a lot of money by investing in Bitcoin. Investing in Bitcoin is better than investing in other places, because Bitcoin is much safer than other places and it gives more profit. A real investor will never invest in anything other than Bitcoin.
Really, Bitcoin in the best Choice of Investor

[Xal0lex]

Depends on what kind of choice we're talking about. If we are talking about long-term investments, then of course bitcoin has a preference. And if we are talking about possible quick and good earnings, then altcoins win here. The main thing in investing in altcoins is to sell them in time.

Indeed, if we talk about profits, altcoins clearly dominate bitcoin and it is not a bad choice, but it is confusing that so many people hate it and even hate those who invest in altcoins. Each person's goal when entering this market is different, so there will be different choices, just because others don't make the same choices as us, we discriminate and criticize them. Is what we are doing right?

I don't think it's right. Everyone has the right to invest wherever they want and if they make a mistake, it is only their mistake. I think that people who criticize altcoin investments have failed altcoin investments in the past and therefore they start criticizing others based on their failures.

Why don't we invest mainly in bitcoin and only spend a small part in altcoins to find our own luck? Many people have changed their lives thanks to altcoins, not just bitcoin. Just as many people became rich by investing in gold and stocks, but many bitcoin investors believe that such investments are useless.

I agree, altcoins have made a lot of people rich. But, at the same time, altcoins have also made a lot of people bankrupt. And it is not the altcoins' fault, but the investors themselves. Because altcoins are a much more dangerous investment. Altcoins need to be used skillfully in terms of making profit, and not everyone can do it, IMHO.

[syedakhlaque]

Bitcoin is still the top priority of business community on net  today. Because this is Father coin. All other coins move on the fluctuations of this coin. Although ETH is also doing good business and people have good trust in it too. But BTC is something else.A father is a father. These coins are born from Bitcoin. That is, these are his subordinates .
People who used to work in the stock market or people who used to trade currency and gold. Seeing the value of Bitcoin, these people are also attracted towards Bitcoin .

[cheezcarls]

Most likely as of this time I would say it is a yes. As we are inching closer to the Bitcoin halving and the continued speculations of Blackrock and Grayscale Bitcoin ETF, this is where the investors are likely going to choose this asset than the others.

If you can see the growth of Bitcoin these days, it’s really insane. As of this time, it’s around $43k+ and it briefly touched $44.1k+ yesterday.

I’m just glad that I did not sell my BTCs and store them safely in my cold wallet. I’ve done some DCA with my extra “not beer” money when the price was around $19k to $23kish. Even if I am already at a profit, I am in no rush of selling them as I’m in good hands by having some stable clients and just keep spending within my own means (in terms of monthly expenses). 

[glendall]

Most likely as of this time I would say it is a yes. As we are inching closer to the Bitcoin halving and the continued speculations of Blackrock and Grayscale Bitcoin ETF, this is where the investors are likely going to choose this asset than the others.

If you can see the growth of Bitcoin these days, it’s really insane. As of this time, it’s around $43k+ and it briefly touched $44.1k+ yesterday.

I’m just glad that I did not sell my BTCs and store them safely in my cold wallet. I’ve done some DCA with my extra “not beer” money when the price was around $19k to $23kish. Even if I am already at a profit, I am in no rush of selling them as I’m in good hands by having some stable clients and just keep spending within my own means (in terms of monthly expenses). 

The right choice is to hold BTC for the long term, especially since you can be said to have good finances, so selling BTC in a hurry is not an option, but for you it is a mistake, I think.
Sometimes the temptation to sell is very big if the market experiences a significant increase like recently, investors' hands will always be strong to resist the temptation to reach the specified target.

[puloweh555]

Bitcoin is an investor's best choice.  Because an investor can earn a lot of money by investing in Bitcoin. Investing in Bitcoin is better than investing in other places, because Bitcoin is much safer than other places and it gives more profit. A real investor will never invest in anything other than Bitcoin.
Really, Bitcoin in the best Choice of Investor

Of course, bitcoin is a favorite choice for investors, especially when the world economy is experiencing a crisis like this. Bitcoin will be the best choice for investors when the world is as uncertain as it is today.

I also read an article that said that the big boss Black Rock Bitcoin is currently beating gold, stocks and even Fiat. And the hot news is that Spot Bitcoin ETF will be approved soon, this could be a game changer. If you look at the history of Bitcoin, it can also be seen that the price of Bitcoin always increases from year to year and this has been proven to date. So investing in Bitcoin is the best decision, then start your smart investment with Bitcoin.

[Peanutswar]

~snip~

we have been in this situation before, high fees and slow confirmation. but i think, it will still go down. maybe not 1sat/vB but a lot lower than what we have right now. this is the bottleneck when it comes to payment method. i won't use my btc if i need to pay hefty amount just for the tx fees.
for now, if you have no urgent needs of your cash, better keep your btc in your wallet. it is just another hiccup that we need to overcome.
also, you can convert your btc to other cheaper alts if you need to transfer it to your wallet or other platforms. you can easily calculate the difference of fees incurred.

I am not also inclined with that when the transactions aren't that much but the fees are a lot.
I wouldn't sacrifice it when I feel that I'll lose a lot from that transaction. I'm still for Bitcoin as an asset and store of value but when it's come to these transfers, if I'll lose a lot from the fees then I won't do the tx. If they're just like a couple of bucks and pennies, no problem. But when it goes tremendously and becomes more than $10. that's so much.

It is normal to have a market congested of course if there's some pairs of coins releases, news related to bitcoin people don't want to ride with this so they make a lot of transactions and of course that's the time gets a traffic, fees are just prioritization if you want to get your funds immediately of course you need to deal with a good amount but if not and you make a transaction you can less the fee and get confirmed once the market goes well now, still if you have the transaction ID you don't need to worry on this, if you are using an exchange few them offering a prioritization else you are using a hot or cold wallet its your choice with the fees amount.

[CODE200]

I've owned a few share of ARKK for a little while now.  It's been performing horribly over the last year or so.  I have left my money in it but probably will dump it here before long.  So I guess what I'm saying is I'm not sure I trust her judgement.  However I do agree that bitcoin is becoming a better asset/hedge etc as time has been going on when ETFs start to be issued here, I can see things really taking off.

The only thing that's good with stocks is that it's as stable as it can be, the likeliness that your investment will be stolen by a greedy CEO and go off to Bahamas with all the money is so low unlike with bitcoin that's got no person behind it for when it comes to people that have created it so the looming doubt that when everyone invests in bitcoin that they're money will get stolen by someone unknown but that bad performance is a normal thing for a stock, it has happened in the past before so it's not really that scary or something like that. Bitcoin is my choice of hedge though, there's no way to deny that bitcoin is growing and still have the same perspective about it as something that will go down eventually and with the current price of bitcoin and it's potential for growth, this is still a good time to invest as much as we can, there's no way that anyone who missed out on bitcoin when it's still $10 apiece would let this opportunity to invest right to pass up on it again.

[NNRR]

If you want to invest in crypto currency then definitely put no bitcoin in your holding because bitcoin is the best coin of crypto currency and even the safest investment if you can keep holding for long time because one time you will see the price of bitcoin go high maybe you will regret.  Maybe that's why you're not holding bitcoin.

[0t3p0t]

Bitcoin is the Choice of Investors

For me it is really is the best choice of investment because I am a crypto enthusiast but for others they prefer centralized physical assets but with the help of the approval of Bitcoin ETF I know one day it means massive adoption as it lure hesitant/doubtful investors to venture out into it since decentralized assets have never looked more attractive than they do now.

[boyptc]

Now that there's Bitcoin Spot ETF, those that have eyeing for the Gold ETF then have another choice if they want to dive in with Bitcoin Spot ETF.

While there are various choices for most investors on every market. Obviously here, we're for Bitcoin and we like holding that because it is what we're used to hold and take on its highly volatile market.

If you want to invest in crypto currency then definitely put no bitcoin in your holding because bitcoin is the best coin of crypto currency and even the safest investment if you can keep holding for long time because one time you will see the price of bitcoin go high maybe you will regret.  Maybe that's why you're not holding bitcoin.

Put no Bitcoin? I think that you've mistyped that mate. 

But definitely, Bitcoin is the best crypto of all.

[Assface16678]

Most likely as of this time I would say it is a yes. As we are inching closer to the Bitcoin halving and the continued speculations of Blackrock and Grayscale Bitcoin ETF, this is where the investors are likely going to choose this asset than the others.

If you can see the growth of Bitcoin these days, it’s really insane. As of this time, it’s around $43k+ and it briefly touched $44.1k+ yesterday.

I’m just glad that I did not sell my BTCs and store them safely in my cold wallet. I’ve done some DCA with my extra “not beer” money when the price was around $19k to $23kish. Even if I am already at a profit, I am in no rush of selling them as I’m in good hands by having some stable clients and just keep spending within my own means (in terms of monthly expenses). 

The right choice is to hold BTC for the long term, especially since you can be said to have good finances, so selling BTC in a hurry is not an option, but for you it is a mistake, I think.
Sometimes the temptation to sell is very big if the market experiences a significant increase like recently, investors' hands will always be strong to resist the temptation to reach the specified target.

Exactly, the reflect of earnings is noticeable in the long term. Many investors in bitcoin will be tempted by the slightest movement of bitcoin, as the movement of bitcoin gives a high reward, and we notice that mostly those early investors in the market are those who are new investors and don't think long-term earnings. Its normal that there is a regret for those who sell their bitcoin early from the bull run of bitcoin, and we all have those experiences where we regret selling our assets earlier than we should. But profit is profit, no matter how small it is. We should be content, but of course, don't sell all your holdings; allocate some for future bull runs or potentially good events in Bitcoin. But yeah, this is what is on the market; no matter what we do, it is our own doing; we just need to accept what is done.

[cryptoWODL]

If you want to invest in crypto currency then definitely put no bitcoin in your holding because bitcoin is the best coin of crypto currency and even the safest investment if you can keep holding for long time because one time you will see the price of bitcoin go high maybe you will regret.  Maybe that's why you're not holding bitcoin.

There is a wrong typing in your post you said don't keep any bitcoins in investment maybe you meant that or say keep bitcoins. We all know that Bitcoin is the most popular coin in the cryptocurrency market.

Bitcoin is the first choice for most investors just as Bitcoin is my first choice for investing. There are many investors who have changed their lives tremendously by investing in Bitcoin. Now that there are bitcoin spot ETFs and the price of bitcoin is almost too low, if you want to invest, you can use this opportunity. 

[Nrcewker]

Definitely it’s the best choice. We have seen many have gone completely bankrupt by investing here and there with high volatile coins. So in these type of situations a trader wants to invest in coin with some stability. Bitcoins might not give big profits in little amount of time, but it won’t crash also soon. Moreover, if one holds Bitcoins for many years, then definitely no one can stop him from making tons of profits.

[IvugeoEvolutionCoin]

Exactly, the reflect of earnings is noticeable in the long term. Many investors in bitcoin will be tempted by the slightest movement of bitcoin, as the movement of bitcoin gives a high reward, and we notice that mostly those early investors in the market are those who are new investors and don't think long-term earnings. Its normal that there is a regret for those who sell their bitcoin early from the bull run of bitcoin, and we all have those experiences where we regret selling our assets earlier than we should. But profit is profit, no matter how small it is. We should be content, but of course, don't sell all your holdings; allocate some for future bull runs or potentially good events in Bitcoin. But yeah, this is what is on the market; no matter what we do, it is our own doing; we just need to accept what is done.

There are many people who are interested in Bitcoin investment. But they don't know the right rules and if the market condition deteriorates within a few days of investing, they get too worried and immediately sell the invested Bitcoins at a loss. Bitcoin Investment  After doing we have to wait a long time to get profit if we can't wait long time then we will never get profit because bitcoin has potential to make profit if we hold it for long time.