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Author Topic: Why is Bitcoin the best asset for investment currently?  (Read 1371 times)
Zanab247
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May 07, 2024, 06:09:48 PM
 #141

Quote from: Franctoshi
Bitcoin is the only form of money in the whole world that beats inflation hands down ,meaning it deflationary nature has made it become so attractive to investors, unlike the fiat currency that loses its value or purchasing power over time but Bitcoin increases with time, meaning that the value of your Bitcoin today, that is your 1 BTC today that bought you 1 car today,  in the next 4 years to come can buy two or three of same car, whereas this isn't so with the fiat currency.
BTC has proven to the whole world in many ways, to beat inflation by rising higher in the market to caused their users not to experience inflation that is affecting other currencies.

During the time of pandemic, BTC still prove wonders to eliminated fear in the mind of BTC investors because the price of BTC was pumping to make hodlers to continue making profits through out the pandemic, that made many companies to lose goods that worth millions of dollars during the lockdown.

Now that people have achieved their goal in this new ATH that happened few weeks ago, I guess there are still many opportunities in BTC because those that started with a little money when the price of BTC was $10 year ago, they can see the current price of BTC close to $100k.


Edmund77
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May 08, 2024, 04:36:00 AM
 #142

Bitcoin is considered a promising investment for several reasons. Its decentralized nature means it's not controlled by any single entity or government, potentially making it more resilient to economic crises. Limited supply and increasing adoption contribute to its potential for long-term value growth. Additionally, its liquidity and ease of access through various platforms make it attractive to investors seeking diversification. However, it's important to consider the inherent volatility and risks associated with cryptocurrencies.
GideonGono
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May 10, 2024, 03:16:36 PM
 #143

For me it is the best asset to invest because everyone could invest on it no matter how much they want, we could buy small fraction of it, and it also have a limited stock, not to mention that there are lost wallets so the circulating amount in the future would be smaller compared to it's actual limit.
Kristiyana
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May 10, 2024, 09:33:05 PM
 #144

I think everyone have their reasons for choosing bitcoin as the best asset for investment. However I think bitcoin is the best asset to invest reason is because it has a good potential in the future, also bitcoin is considered as the most reliable and trustworthy in terms of making Long term investment, although risk is also involved in bitcoin investment but is never to be compared with the risk in meme and alt that is why most investors choose bitcoin over other coins.

Riginac111
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May 10, 2024, 10:53:58 PM
 #145

Gun can be said as a best asset based on it is a digital currency and it is your decentralized currency that is no one can control it so all those assets you see that some people can come through them but even government they can control others but government cannot control bitcoin that is why many people like to invest in Bitcoin it they have a privacy is you only that we have access to their bitcoin when you invest on it or when you purchase it

Essential10
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May 11, 2024, 03:08:53 AM
 #146

I think everyone have their reasons for choosing bitcoin as the best asset for investment. However I think bitcoin is the best asset to invest reason is because it has a good potential in the future, also bitcoin is considered as the most reliable and trustworthy in terms of making Long term investment, although risk is also involved in bitcoin investment but is never to be compared with the risk in meme and alt that is why most investors choose bitcoin over other coins.
Yes definately everyone will have some reason to choose bitcoin investment, the reason must be to get a good profit and choose it will be a trusted coin. Many people think that my capital is less and they invest in alt coins and meme coins in hopes of quick profit, but most of them lose money, it never comes back when different types of altcoins lose value. I think those who invest in bitcoins have a long-term plan or there are those who gradually accumulate their bitcoins, thinking that the long-term investment profits will be enough to see them through their future lives. Why maximum People Choice Bitcoin beacuse one of the biggest reasons  Bitcoin has entered the upward trend in value from the past to the present.
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