Why is Bitcoin the best asset for investment currently?

[Princess Leah]

 Lots of people especially those with little knowledge about Bitcoin and it's mode of operations, would be wondering why Bitcoin is the most talked about crypto asset to invest on currently but this image below would help enlighten them with a clue to what they need to understand.
 


 Further more in summary of what the image above portrays, based on the bitcoin halving Bitcoin becomes more scarce and it's value surges very high, therefore since we're in the season of the bitcoin halving investing in it currently seems like the best decision anyone could take currently, if you noticed many industrials and financial institutions are acquiring more Bitcoin currently instead of selling so it's in the best interest of individuals to take advantage of this information and invest on Bitcoin while it's not yet very late.

 As you can see, unlike other Assets, Bitcoin is a decentralised asset and can't be created more, but increases in value when it's price is halved. But note that Bitcoin as an asset is very volatile in nature, therefore you shouldn't invest all your savings but a spare money you could lose without getting very emotional. However everyone needs to take advantage of this years halving and take profits to prepare for the next very early.

[livingfree]

The gold investors and fans would argue about it having limited resources or supply too. But no one knows what measurement and what exactly is the limit of it.

Compared to Bitcoin, we all know that it's got 21 million supply and the last Bitcoin to be mined will take 120+ years before it happens.

With all of the comparisons and aspects of Bitcoin, it's no doubt a phenomenal asset that everyone should look at.

[Smack That Ace]

Why is Bitcoin the best asset for investment currently?

We don't need a long explanation, bitcoin is considered the best investment asset today because there are stories that it has increased in price millions of times, many people have become millionaires by holding it for a few years...is being spread around the world. Many people don't even know what bitcoin is, how it works, what its supply is...they know nothing about it but they know that it can keep going higher and they invest in it.

I never see these posts or questions during bear season but when cow season comes, there are thousands of questions similar to this all over social media. This is also a sign for me to realize that cow season is really approaching.   

[tranthidung]

As you can see, unlike other Assets, Bitcoin is a decentralised asset and can't be created more

Oh seriously and really?

Bitcoin has been creating more, with its each new block. What will happen with each Bitcoin block found by miners since 2009 so far and even the halving next 10 days?

Many more new bitcoins will be created from future Bitcoin blocks. I know what you implied but you expressed it inaccurately. You can say, there will be not more than 21M bitcoins ever because the Protocol coded by Satoshi Nakamoto.

21M is a rounded number, there will be 20999999.9769 BTC in total supply.

[1] https://en.bitcoin.it/wiki/Controlled_supply
[2] https://blog.lopp.net/how-is-the-21-million-bitcoin-cap-defined-and-enforced/
[3] https://river.com/learn/can-bitcoins-hard-cap-of-21-million-be-changed

[Don Pedro Dinero]

Oh seriously and really?

Bitcoin has been creating more, with its each new block. What will happen with each Bitcoin block found by miners since 2009 so far and even the halving next 10 days?

Many more new bitcoins will be created from future Bitcoin blocks. I know what you implied but you expressed it inaccurately. You can say, there will be not more than 21M bitcoins ever because the Protocol coded by Satoshi Nakamoto.

Good nuance, although it is understood what she meant.  I would like to introduce another point here that has not been touched upon in either the OP or the comments above. The supply of bitcoin cannot be changed depending on demand. If there is more demand for gold or another commodity, the price goes up and since it is more profitable, producers start producing more, which causes, over time, the price to go down. Conversely, if the price goes down, producers stop producing so much, or some stop or go bankrupt, and as production is reduced, the price eventually goes up again.

This would be like this in very broad strokes but what I wanted to exemplify is that this cannot be done with bitcoin. There is a total production limit of approximately 21 million and there is a fixed production per mined block that cannot be varied either by supply and demand or by price variation.

[Plaguedeath]

"Someone can mine more gold" is exactly same to "Someone can mine more Bitcoin", do you think all Bitcoin has been mined?

The gold investors and fans would argue about it having limited resources or supply too. But no one knows what measurement and what exactly is the limit of it.

Because gold has no exact maximum supply, but we're know it's not easy to mine gold, it can be used for jewelry or other thing and that's make gold is valuable. Actually gold can be created with other elements, although it's not worth due to the cost is higher than the gold price https://www.wtamu.edu/~cbaird/sq/2014/05/02/can-gold-be-created-from-other-elements/

[tranthidung]

I would like to introduce another point here that has not been touched upon in either the OP or the comments above. The supply of bitcoin cannot be changed depending on demand. If there is more demand for gold or another commodity, the price goes up and since it is more profitable, producers start producing more, which causes, over time, the price to go down. Conversely, if the price goes down, producers stop producing so much, or some stop or go bankrupt, and as production is reduced, the price eventually goes up again.

With same available technologies and devices, producers can boost or reduce production rate like gold, oil.

One more point, with developments of technology, there will be better capacity to dig deeper into the Earth to produce more gold and oil, even can get gold from asteroid, other planets and so on. It will be a story in future but we can not exclude it with gold.

[btc78]

Back then, gold was the peak of investments because its supply also had its limits but we are yet to identify the exact amount of gold left to mine on earth. It is still a valuable investment because no one knows when the reserves will last and owning gold can give you a fortune in the future.

But with bitcoin we know when and only how many are left to mined so there is more sense of urgency compared to bitcoin now, not to mention that bitcoin is a lot more accessible and convenient to have. Bitcoin’s time is now as it is the time for bitcoin.

[livingfree]

"Someone can mine more gold" is exactly same to "Someone can mine more Bitcoin", do you think all Bitcoin has been mined?

The gold investors and fans would argue about it having limited resources or supply too. But no one knows what measurement and what exactly is the limit of it.

Because gold has no exact maximum supply, but we're know it's not easy to mine gold, it can be used for jewelry or other thing and that's make gold is valuable.

I think that the only comparison if it's related to mining and supply limit is that, we know that there's a limit for gold but we don't know how much it exactly is. Whilst for Bitcoin, there's a supply limit but we won't be there until one has been mined.

It's true that it's not easy to mine gold just like Bitcoin. The hash power and electricity that's needed to do it is enormous and the same for the resources and equipment needed to mine gold.

So, the value starts from there and people have been realizing this I guess. And just as with the use of gold for those other products, the same goes for Bitcoin that it can also be used but more than that and has more utility and use case than gold.

Actually gold can be created with other elements, although it's not worth due to the cost is higher than the gold price https://www.wtamu.edu/~cbaird/sq/2014/05/02/can-gold-be-created-from-other-elements/

It's still different if it's pure which I think is the preference of most gold investors.

[sokani]

I think Bitcoin, real estate, stocks and gold are good investment. However, why I'd agree that Bitcoin is the best among them is for instance, gold supply can increase with demand but that of Bitcoin is finite, it is capped at 21 million. Also, when you compare it with stock and real estate, it's volatility is a concern but looking at the level of success it's been able to attain within a very short time frame, Bitcoin still stands out.

[Kelward]

All the points on why Bitcoin is the best asset to invest in as stated so far in this thread are very correct and truly noted, anybody that's privileged to be in the crypto space will attest to these facts. One of the biggest reasons why Bitcoin is the best asset to invest in as far as I'm concerned is that you don't have to be rich to become an investor, unlike real estate and the rest, infact no matter your class in the society, so far you're earning an income, you're qualified. At your own level and pace you can start doing DCA method, and as long as you're on it for the long term, the value of your Bitcoin will continue to increase in the future, so it's the safest investment for the super rich to the average and low income earners.

[Mia Chloe]

In my opinion, the biggest added advantage Bitcoin has over many other investment options is both decentralization and ease. Real estate, stock and all other investment options are also very nice investment options but the problem is the fact that you need to understand how to maintain and properly manage them in order to prevent you from making losses instead of profits.
However Bitcoin on the other hand has a very easy option for investment which is actually being a long term holder. As a long term holder all you have to do is to make sure you understand how to keep your keys and coins safe then you are good to go. You don't actually require a lot of understanding and learning to do before you can invest in Bitcoin unlike other investment options.

[Assface16678]

Well, technically many people or investors are considering bitcoin as the best assets to invested with, well its true and bitciin already proven that, but the thing is its better to have multiple investment so you will have different ways of earning also, so yeah even though bitcoin will be consider as the best option to invest to date, other investment assets can also be consider, such as real estate, gold and many more, honestly I also invest into different form of investment of course in bitcoin or crypto currency stuff, but nothing beats having more than one extra income, it may be a hssle and hard but the reward is enough to ease the hardship and the stress, you just need to be more knowledge and skillful in order to prosper in different field of investment. Might you consider also stocks market and forex because those also are profitable trading method.

[Aanuoluwatofunmi]

Bitcoin is the best asset of investment for many reasons in which we can list and still counting on them, i will have to present my own this way that bitcoin is a decentralized digital currency and not centralized, you can be profitable with your asset of investment in bitcoin by holding while others will require you go through some principles before you can earn, there is no limit to how much you can earn or invest, you have freedom on investment unlike with the centralized institutions, lastly, there is no need to undergo for kyc when trying to make an investment in bitcoin like you do with other forms of assets.

[suzanne5223]

The major reason why Bitcoin is considered the best asset as far as investment is concerned is vast but the definition we give is based on how we know it and how it has helped us financially. Nevertheless, the reason why Bitcoin maintains its rank as the best investment asset is because of its consensus mechanism, decentralization in nature, divisible, mobility, limited supply, censorship resistance, antifragility to attack, volatility (which is what technically impacts the historical surge in the price of Bitcoin), etc.

The major reasons people see it as the best investment are the profitability, consensus mechanism, and decentralization.

[Cryptomultiplier]

Investment gurus knows how original the idea of BTC is and from Its launch till date, it has shown reasonable growth beating its previous ATH to set a new record that is expected to rise even further upon completion of the halving event to take place shortly.
Also, at any point in time anyone person or large group of investors can buy BTC and hold or mine or trade and it is of good store value upon consideration for long term holdings or ETF trade on any exchange market.

[m2017]

~snip

"Why is Bitcoin the best asset for investment currently?" - maybe because this investment asset brings crazy returns, incomparable to the profits received from building real estate, issuing shares, printing fiat money, or mining gold.

Bitcoin is the most talked about crypto asset for investment due to its hype. Long drops, sharp rises in value, intermediate oscillations similar to a roller coaster, multiple increases in price - all this doesn't leave ordinary people indifferent, for many of whom this is a ticket to a happy life, but few dare to take risks. Therefore, discussions about bitcoin don't stop, even in the central media.

People's interest is not due to the reduction every 4 years in the amount of mined bitcoins, but due to the fact that this leads to an increase in price. People are attracted not by the limited bitcoin's emission, but by the speculative nature of this crypto asset. That is, the opportunity to buy cheaper and sell more expensive. I would say that most people don't care about the technical aspects of bitcoin.

[YOSHIE]

Why is Bitcoin the best asset for investment currently?

Some users and countries may think Bitcoin is an investment asset, but not all users and countries think the same thing, Bitcoin tends to be clarified as a trading asset or as a digital asset in digital payment methods, for example as is currently being done by the country of El Salvador.

The reason is based on the fact that Bitcoin tends to work more with a network system (peer to peer). Many people think that investment tends to be long-term, while trading tends to be more peer-to-peer, where while you are connected to a computer/laptop and the internet you are still safe to trade, as well as digital payment system methods.

Investment tends to focus on the long term, you wait too long for your investment to grow, unless it's like what's happening now with the halving, once every four years your investment will certainly be useful, However, not some investors think of Bitcoin as a digital asset that is traded short-term.

[yudi09]

Why is Bitcoin the best asset for investment currently?

Because it is a hedge and can be expected to return when it reaches the highest price in each period of increase.
That's why I think Bitcoin is the best asset for investment.
Apart from these two things, making Bitcoin an investment is not complicated because we are in complete control. If something urgent happens, we can use Bitcoin for that need without any hassle like at a bank.

[Z_MBFM]

Bitcoin is something that is very well-known and powerful digital asset worldwide, which is trusted and powerful among the silver and real estate. But due to high fluctuation in its price, it is possible to gain a lot of profit by trading or holding it. And due to the popularity of Bitcoin worldwide, the system of payment through Bitcoin is gradually being introduced. all in all, Bitcoin is known to be a suitable and powerful asset for easy transactions and investments. so currently investment in real estate and gold as well as Bitcoin is increasing a lot