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Author Topic: Why is Bitcoin the best asset for investment currently?  (Read 1285 times)
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April 22, 2024, 04:11:31 PM
 #121

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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.

You meant to say, when the production of new BTC every 10 minutes is halved, I suppose. Smiley

Well, it increases in value not right away, not immediately, but as we've learned from previous years a significant increase is inevitable, and I think we are yet to see the impact of the latest halving. Wink

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April 22, 2024, 04:29:35 PM
 #122

It was already evident, with the structure of Bitcoin it is surely better than gold for sure there was no explanation needed about that, I mean if we are going to compare Bitcoin to everything like gold, fiat money, stock, etc. it would stand on that top for sure. Still, it wasn't going to be a guaranteed thing there will always going to be some kind of doubt about it because it was still a new thing or new technology even though it has already been more than a decade there will be no proof of it that it is a guaranteed thing, in the coming years we don't know if Bitcoin is still going to exist anymore, something could just come up in the 2030 then Bitcoin might be gone already, like war, calamity, etc.

It is a good investment if you are going to put some on Bitcoin it might have a high chance of getting a huge profit, but I would still stick to real estate as an end game, investing on other investment but the end income that is probably safer investment is going to be real estate since its a tangible assets.

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April 22, 2024, 05:48:07 PM
 #123

Everyone have it ways of understanding investment, bitcoin is good investment due to it stands on it own and you as investor monitors your investment by yourself, so I will say that is why people like bitcoin, it doesn't mean that it better than other investment like real estate management and people who invest on oil well (crude oil) so we have different investment that can yield positive to us, but the problem is we are unable to discover some of the investment that will be nice for us to invest, bitcoin have many criticism when it was established but today many people has embraced Bitcoin.
Bitcoin continues to complete its 4 year circle successfully and many people are successful in investing in Bitcoin.  Investors are not afraid to invest in Bitcoin because it is possible to get profit from Bitcoin if invested for a long time.  Bitcoin is the top 1 coin in the market with the largest market cap among cryptocurrencies. while investors are afraid to invest in other coins, investors are not afraid to invest in Bitcoin. and all things considered, everyone considers Bitcoin a potential asset.
who told you that is possible for someone to make a profit through bitcoin investment I don't think that that is right there is on investment that is easier for someone to make a profit or investment is all about risk sometimes why some people said that bitcoin is a scam it is because the invested in Bitcoin and during the process the invested in Bitcoin may be bitcoin get decrease in the market and since then they continue to Lament or emphasize that bitcoin is a scam, want to state it categorically for you to understand or comprehend me very well none investment that is easier for you to make a profit because all investment is all about risk which theirs every tendency that bitcoin investment can be same as others you that you will find difficult to make a profit

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April 25, 2024, 12:15:29 PM
 #124

It can be said that Bitcoin is the best new asset worth investing in at the present time. Many people have compared it to gold and real estate. But for me personally, gold is not considered an asset for investment. As for real estate, Bitcoin shows many outstanding advantages in terms of liquidity, not depending on anyone and any legal documents.

With real estate, the risk of choosing the type of real estate that gives the best profit, is less susceptible to disputes and document fraud is an extremely headache and requires a lot of skills and time to research. But with Bitcoin, there is only 1, it cannot be faked and buying and selling is extremely easy. Bitcoin investment can take place anywhere you want, without border barriers. There are so many advantages and conveniences in investing in Bitcoin that this is the asset type chosen by young investors. And these are also the future generation of billionaires. So in the near future Bitcoin will be really hot and will always be in the investment portfolios of large funds
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April 25, 2024, 01:51:16 PM
 #125

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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.   Cheesy Cheesy
Bitcoin's allure as a top investment asset stems from its staggering price surges, making millionaires out of holders. Despite widespread enthusiasm, many lack understanding of its workings or supply. Remarkably, interest peaks during bullish seasons, signaling their onset. It's a reminder that bull markets are imminent.
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April 25, 2024, 04:57:24 PM
 #126

Everyone have it ways of understanding investment, bitcoin is good investment due to it stands on it own and you as investor monitors your investment by yourself, so I will say that is why people like bitcoin, it doesn't mean that it better than other investment like real estate management and people who invest on oil well (crude oil) so we have different investment that can yield positive to us, but the problem is we are unable to discover some of the investment that will be nice for us to invest, bitcoin have many criticism when it was established but today many people has embraced Bitcoin.
Bitcoin is a digital investment and always good when it is long-term investment. The reason why people prefer to invest in bitcoin than other asset is because people found it very easy to acquire bitcoin for investment, people  can buy just according to what they can afford compare to other asset that most salaries earner can even think of starting investment  with these asset because what they earn is not enough to get real estate,  maybe gold. It is not even everyone that can afford gold.

Investment of bitcoin is for everyone no matter how low you earn, it is possible for one to just buy small and accumulate it . This is the reason why bitcoin is considered to be one of the best asset to invest.
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April 25, 2024, 05:21:33 PM
 #127

Bitcoin is a digital investment and always good when it is long-term investment. The reason why people prefer to invest in bitcoin than other asset is because people found it very easy to acquire bitcoin for investment, people  can buy just according to what they can afford compare to other asset that most salaries earner can even think of starting investment  with these asset because what they earn is not enough to get real estate,  maybe gold. It is not even everyone that can afford gold.

Talking about affordability, Gold might not be too much out of range for an average investor because one can buy at least 1 gram of Gold which is probably the least amount and it costs around $75 based on Gold's current market price which is around $2315 per ounce. But you are right that it cannot match the affordability level of Bitcoin because one can buy Bitcoin worth as low as $10 if they are buying from a centralized exchange, you might even be able to buy less from a P2P platform.
Anyway, I think the choice of an investor might also change based on what they expect from their investment. Some might want quick profits while always ready to take risks, and some might not like taking risks and are okay with slow and gradual profits. So based on that, one might choose to invest either in Bitcoin or Gold respectively.
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April 25, 2024, 05:36:31 PM
 #128

Bitcoin is the best long term investment. At the moment, the market value of Bitcoin is slightly lower. And since Bitcoin halving ended a few days ago, this is the best chance to buy Bitcoin and this is the last chance. Because Bitcoin will increase anytime now. If you want to invest somewhere for a long time, definitely invest in Bitcoin, maybe after some time you will not get this opportunity, then you will have no choice but to regret.

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May 01, 2024, 12:19:31 PM
 #129

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.

Another reason why Bitcoin is one of the best assets someone can have is that the Bitcoin that is already circulating is the only one we know will be there, so the thing is that since there will not be more Bitcoin to be produced, the ones here will definitely be adding value over time, and as time goes on, their price will surprise many people.

 

Are you talking about bitcoin supply being limited? For me, I never appreciated that bitcoin's supply was an important factor in making it the best or worth investing in. Personally, I value utility, use cases, and practical applications more than supply because creating an asset with limited supply isn't too difficult. Like many altcoins, the supply is not only finite, but they are becoming increasingly scarce thanks to the algorithmic token burning mechanism. But the problem is that altcoins have no real utility or application, they are no different from gambling so they cannot be compared to bitcoin.

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May 01, 2024, 12:53:34 PM
 #130

That is the sweetest part of the game, because Bitcoin total supply is 21,000,000 in the world and no additional creation, but it keeps expanding by user holding and including institution. And also it keeps reducing from the human error mistake of Lost device and human deaths without taken a proper record of phase code password for a recovery assets. Therefore Bitcoin business has nothing to do with next of kin. Hence all these few points, Bitcoin is the best one need to invest for a long time holding.

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May 02, 2024, 07:13:55 AM
 #131

There are many reasons why Bitcoin is the best asset for investment.

1- Limited supply. Because there aren't many, they can become more valuable as more people want them.

2- Decentralization: Bitcoin doesn't have a main boss like a bank or government controlling it. It's like a game where everyone follows the rules, and no single player can change them on their own.

3- Protection Against Inflation: Think of Bitcoin like a collectible item that might not lose its value even when regular money might due to things like rising prices in the economy.

4- High liquidity: You can trade Bitcoin easily, almost like swapping game cards. It's available on many platforms where you can quickly buy or sell it.

5- Good Past Performance: Over the years, some people who invested in Bitcoin early have seen their money grow more than if they had put it in things like stocks or gold.

6- Blockchain Tech: Bitcoin uses a special kind of technology that a lot of smart people think could change the way we do a lot of things in the future, not just with money.
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May 02, 2024, 07:38:35 AM
 #132

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.

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May 02, 2024, 03:18:08 PM
 #133

Bitcoin is a very valuable asset, now the world's eyes are focused on digital currencies, especially Bitcoin, therefore Bitcoin is very worthy of being used as an asset for now and even for investment in the future.

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May 02, 2024, 07:57:06 PM
 #134

In my own opinion I think the reason why bitcoin happens to be the best asset for investment is because bitcoin is very reliable and trusted in terms of making Long term investment, the risk is very low compared to the risk of other coins, that is why I choose bitcoin over other coins. although I don't know about other people, why did you choose bitcoin as the best asset for investment? Looking forward to get your opinions.

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May 03, 2024, 09:24:10 AM
 #135

Why people don't want to believe Bitcoin is the best asset to invest, but I personally think Bitcoin is a credible investment. However, you have noticed that the value of Bitcoin is different from all other coins and is not comparable. Bitcoin seems to me reliable and trustworthy for long term investment. See Bitcoin has a limited supply, I chose Bitcoin as the best asset to invest in as it is valuable like gold. I am also optimistic that bitcoin investment will create great opportunities in future life.

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May 03, 2024, 03:52:43 PM
 #136

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.

Historically it has proven itself beyond every reasonable dout, by making a tremendous increments in it's value and widespread adoption, it has a solid foundation and very few in it's creation which will make it more valuable over time, it has also given equal opportunity to any one that wants to owns it , it is the best when it comes to the largest world digital asset class it has been tested and trusted. The world has gone far civilized globally digitalized.

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May 03, 2024, 05:23:34 PM
 #137

Everyone have it ways of understanding investment, bitcoin is good investment due to it stands on it own and you as investor monitors your investment by yourself, so I will say that is why people like bitcoin, it doesn't mean that it better than other investment like real estate management and people who invest on oil well (crude oil) so we have different investment that can yield positive to us, but the problem is we are unable to discover some of the investment that will be nice for us to invest, bitcoin have many criticism when it was established but today many people has embraced Bitcoin.
Bitcoin continues to complete its 4 year circle successfully and many people are successful in investing in Bitcoin.  Investors are not afraid to invest in Bitcoin because it is possible to get profit from Bitcoin if invested for a long time.  Bitcoin is the top 1 coin in the market with the largest market cap among cryptocurrencies. while investors are afraid to invest in other coins, investors are not afraid to invest in Bitcoin. and all things considered, everyone considers Bitcoin a potential asset.

Anyone who invests in bitcoin will not regret it since if you invest in bitcoin for the long term, you will most likely make a profit if you are patient. Real investors are not frightened to invest in any coins since they are ready to risk their money on anything that will most likely profit them and will engage in it. Bitcoin is the best investment in coins, but some like taking high risk to invest in other coins to get profit, but if you don't like taking risk and you want to minimize your losses in investment, then I will tell you to just focus on bitcoin only and you will be profitable without losing a lot of money, the only thing is that you will be patient you can't benefit from bitcoin once when you started. You can invest in another coin and make a profit or lose money, and if you lose, it will be difficult to recover your funds, but if you invest in bitcoin, I don't think you'll lose all of your money because if the coin falls, he'll raise it again without wasting too much time on it, which is why bitcoin is the best investment you can make and enjoy without regret.

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May 03, 2024, 06:29:52 PM
 #138

Everyone have it ways of understanding investment, bitcoin is good investment due to it stands on it own and you as investor monitors your investment by yourself, so I will say that is why people like bitcoin, it doesn't mean that it better than other investment like real estate management and people who invest on oil well (crude oil) so we have different investment that can yield positive to us, but the problem is we are unable to discover some of the investment that will be nice for us to invest, bitcoin have many criticism when it was established but today many people has embraced Bitcoin.
Bitcoin continues to complete its 4 year circle successfully and many people are successful in investing in Bitcoin.  Investors are not afraid to invest in Bitcoin because it is possible to get profit from Bitcoin if invested for a long time.  Bitcoin is the top 1 coin in the market with the largest market cap among cryptocurrencies. while investors are afraid to invest in other coins, investors are not afraid to invest in Bitcoin. and all things considered, everyone considers Bitcoin a potential asset.

Anyone who invests in bitcoin will not regret it since if you invest in bitcoin for the long term, you will most likely make a profit if you are patient. Real investors are not frightened to invest in any coins since they are ready to risk their money on anything that will most likely profit them and will engage in it. Bitcoin is the best investment in coins, but some like taking high risk to invest in other coins to get profit, but if you don't like taking risk and you want to minimize your losses in investment, then I will tell you to just focus on bitcoin only and you will be profitable without losing a lot of money, the only thing is that you will be patient you can't benefit from bitcoin once when you started. You can invest in another coin and make a profit or lose money, and if you lose, it will be difficult to recover your funds, but if you invest in bitcoin, I don't think you'll lose all of your money because if the coin falls, he'll raise it again without wasting too much time on it, which is why bitcoin is the best investment you can make and enjoy without regret.
There is no one to control bitcoin its creator is still anonymous that's why we don't hesitate to invest long term in various physical assets even if we get less profit but we know that investing in bitcoin gives many times more profit than other assets yet we are afraid of long term investment in bitcoin. And panic to sell. Because of this, we miss many great opportunities of Bitcoin. But those who can invest for the long term with patience stand to gain more.

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May 03, 2024, 07:08:07 PM
 #139

Bitcoin is the best investment medium nowadays. People who don't know about bitcoin think of investing in gold but nowadays there are very few people who don't know about BTC. I would say to invest the rest in BTC after meeting the basic need. It is good because it is the best way to invest.  Better to invest in Bitcoin without hoarding it or wasting it. Also, many people have gained a lot by holding it.Very few people have faced loss by investing in it.

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Riginac111
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May 03, 2024, 10:41:41 PM
 #140

Some people might not understand the image you upload why bitcoin is the best asset but theoretically they may understand why bitcoin is the best asset so from my own understanding bitcoin is a decentralized currency which have no third party in its operation, so what I'm trying to let you know is that Bitcoin why people love to invest on it is because the decentralized aspect of it assuming bitcoin is a centralized currency majority persons would have lost interest on it
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