My advice on investing in Bitcoin

[finaleshot2016]

I think the best part here is that BTC is being recognized globally and that’s why you should trust and invest more to BTC. We are already in the best moment for cryptocurrency and that’s the best reason why you’ll hop in to crypto. The huge move made by the US is a stepping stone for BTC to become a global market asset and that’s the time where more opportunities has began. I think that’s the best advice you should’ve given, precise and reasonable.

[BALIK]

Rockstarguy you are right because before someone invests in Bitcoin, they should be ready to either wait for the long term or wait for the price to low before buying to be at a safety side, in the sense that, if you are not bent off quickly profits, you can buy Bitcoin right now, since waiting for a long term gives you your ultimate profits expected, but if you are looking to make quick profits then this time is not the best to buy Bitcoin since a lot of Bitcoin price correction is still expected to happen along the line before it finally picks again.

Basically, Bitcoin is not a get rich quick scheme, so there is no perfect time to buy bitcoin and get rich quick even if we buy it during the bear season. So, if someone wants to make quick profits and get rich quickly, gambling is the only solution, no form of investment can help them. Any investment takes time and we need to wait patiently before we can make a profit. The difference between bitcoin and other investments is that bitcoin can grow faster and that is why we choose bitcoin but that does not mean it is considered a get rich quick tool.

[Outhue]

We are already in the best moment for cryptocurrency and that’s the best reason why you’ll hop in to crypto.

Now isn't the best time for someone who is just starting out with Bitcoin, now is the best time for those who are already here since 2022, now is the best time to start taking profits off the table.

From 15k all the way to 100k is life changing, and also too late to me, buying now is taking a huge risk that could go very badly in the coming months, if I have to advice any newbies now I will say they should pause till the next bear season which I believe will be in 2026.

The same thing will happen to alternative coins soon, it will be too late to buy and it will be the time to start selling and taking profits, it is only those who have no idea what's happening in the market will get left behind.

[Marvelockg]

New investors should consider ETFs as a beginner-friendly option, but experienced investors like Douglas Boneparth prefer to hold bitcoin directly, for more control and security.

every investor has a plan before choosing the kind of asset he hopes to invest in and most times when they dont like a particular asset they tend to paint it black just to discourage others from investing in those asset while they tend to persuade people that what they are investing in is the right investment choice. this can be confusing sometimes for most newbie and because of this, it is only best that before anyone goes on to invest in any particular asset, they do proper research on the asset to be sure of what they are going into.

from available data both on and off the forum, bitcoin has positioned itself as one of the strongest asset class ever that anyone can comfortably invest in be the person a newbie or one that is an old time investor. the correction we have seen with bitcoin has been really minute compared to how well it usually recovers and seeing how the future looks for bitcoin, you can comfortably start off even at this point and still be certain that you wont regret ever investing in bitcoin. earlier 2024, a lot of persons where skeptical about getting started and now we can all see the difference between buying at that time and buying at this time. you just have to do your analysis and make your decisions on time so you dont see yourself in the next 12 months and start to hope that you could turn back the hands of time.

[michellee]

Is it right time to invest in Bitcoin?

Yeah, anyone can start at any time although now is not the best as most people will say the perfect time to invest. A lot of early investors had the perfect price range investing but, if we should give bitcoin another long period of time I’m sure you’ll not meet this price again. At first looking at the early buyers no one thought the growth will be massive as presently a lot of people are forced to invest now because they don’t want to stand a chance missing out the market. What op actually meant seems like an advice but, holding bitcoin directly is more perfect besides invest what you can afford to hold either using any strategy of your choice it’s not a must you go all in at once.

But still they can start investing now before the price increase especially Bitcoin is under $100k. They don't have to buy at once but spread their order buy into many lower prices so their average buy price can also reduce. If they see what the big company and institutional buy many Bitcoins, that means they accept the presence of Bitcoin and they want to make a big profit in the future.

Those big company believe Bitcoin price will increase in the future so even they are late to buy Bitcoin, that will not be a problem because they have a large of funds. They will still continue buying Bitcoin so we can do the same like them. @OP showing to us how big company start investing in Bitcoin and they also recommend many things related to Bitcoin. But we must research before we start investing to find the right time to enter to Bitcoin.

[BNBITCOINMINER]

I think the best part here is that BTC is being recognized globally and that’s why you should trust and invest more to BTC. We are already in the best moment for cryptocurrency and that’s the best reason why you’ll hop in to crypto. The huge move made by the US is a stepping stone for BTC to become a global market asset and that’s the time where more opportunities has began. I think that’s the best advice you should’ve given, precise and reasonable.

USDT is set to be banned in Europe on December 30, 2024, impacting over 30% of Bitcoin transactions. This development is expected to primarily affect Bitcoin. Diversifying funds across 5-7 cryptocurrencies can help mitigate risks. Personally, I have investments in several projects spanning high-cap, mid-cap, and low-cap assets, which helps balance the impact of negative news or market fluctuations related to any single cryptocurrency.

[LDL]

Is it right time to invest in Bitcoin?

Yeah, anyone can start at any time although now is not the best as most people will say the perfect time to invest. A lot of early investors had the perfect price range investing but, if we should give bitcoin another long period of time I’m sure you’ll not meet this price again. At first looking at the early buyers no one thought the growth will be massive as presently a lot of people are forced to invest now because they don’t want to stand a chance missing out the market. What op actually meant seems like an advice but, holding bitcoin directly is more perfect besides invest what you can afford to hold either using any strategy of your choice it’s not a must you go all in at once.

If you intend to invest in Bitcoin now, you must intend to hold Bitcoin for the long term. Now that the price of Bitcoin is around $95,000, Bitcoin investors should plan to hold Bitcoin until the price rises to $200,000. Investors who have invested and held Bitcoin in the past especially when the price of Bitcoin was very low at the time of their investment but held Bitcoin in such a way that they did not sell Bitcoin even after it crossed $100,000. However, there is always a good time to invest in Bitcoin, but after investing in Bitcoin, holding that Bitcoin for a long time is a big challenge.

[Botnake]

I think the best part here is that BTC is being recognized globally and that’s why you should trust and invest more to BTC. We are already in the best moment for cryptocurrency and that’s the best reason why you’ll hop in to crypto. The huge move made by the US is a stepping stone for BTC to become a global market asset and that’s the time where more opportunities has began. I think that’s the best advice you should’ve given, precise and reasonable.

I would agree to this. Bitcoin is now making its name across the globe which only mean one thing, bitcoin might stay for good. Trump's support for bitcoin also created a huge positive remark, wherein not only bitcoin will benefit but the whole crypto community instead. This is a good signal that we should not hesitate investing into bitcoin now but certainly, invest with caution.

[EFS]

You've shared some expert recommendations but haven't provided your own. What's your suggestion? These recommendations don't seem logical either, especially for Bitcointalk members. In a typical investment portfolio, Bitcoin should account for at least 20-30%, not just 1-2%. In my opinion, real estate should take priority. ETFs and similar funds are simply for ordinary people who don't know how to invest. They're like mixed nuts: There are some pistachios, but it's mostly chickpeas. In other words, they don't make you much money, but they do moderate the risks.

[mirakal]

I think the best part here is that BTC is being recognized globally and that’s why you should trust and invest more to BTC. We are already in the best moment for cryptocurrency and that’s the best reason why you’ll hop in to crypto. The huge move made by the US is a stepping stone for BTC to become a global market asset and that’s the time where more opportunities has began. I think that’s the best advice you should’ve given, precise and reasonable.

With the transparency and flexibility of bitcoin, it really deserved to be acknowledged globally. Good thing, most countries are now accepting bitcoin even with strict regulations provided for. The important thing is, it's already accessible by anyone who is interested to hop in. But prior to that, invest in yourself first. Acquire sufficient knowledge about bitcoin before taking such risk investing on bitcoin.

[Z-tight]

Op, you said your post was about 'your' advice on investing in BTC, but you never told us what you think or any of your own ideas, instead you told us what others think, these others some people will call 'experts', though i strongly disagree. Op, maybe you need to start a discussion about your own thoughts and ideas, if you are a bitcoiner and you still rely on what others say to make a decision, you should be using fiat and centralized stuff.

[Ndabagi01]

All the experts mentioned are anti-Bitcoin advocates so you don't expect them to say you should put a higher percentage of your investment in Bitcoin, yeah definitely they will advise new investors to look in the direction of their traditional investments. So as long as you are investing what you can afford to put aside for a long term into Bitcoin, you are good to go through with Bitcoin volatilities because of the long-term perspective of the investor.

Investing in bitcoin without the long term perspective may just feel like you’re gambling with your money because you may not reap any profits in the long run because of the short termed growth within that time and may also be faced by big volatilities which may also make you be in loss in the end of the day. Investors who are real time, always chose to invest for the long term because of the long term benefit of bitcoin and are the wisest and most knowledgeable ones as opposed to a newbie investor looking to make quick profits.

[Orpichukwu]

I think the best part here is that BTC is being recognized globally and that’s why you should trust and invest more to BTC. We are already in the best moment for cryptocurrency and that’s the best reason why you’ll hop in to crypto. The huge move made by the US is a stepping stone for BTC to become a global market asset and that’s the time where more opportunities has began. I think that’s the best advice you should’ve given, precise and reasonable.

plausibly ETF is also among the good things that happen to bitcoin and bitcoin this year; it also brings more trust to the community where most who consider it to be a scam can now invest in it through ETF knowing fully well that they are no longer breaking any regulation since that's the fear of most people. If the exposure continues this way, next year will be one of the best years for bitcoin because of the type of government involvement that we will see.

[Odusko]

You've shared some expert recommendations but haven't provided your own. What's your suggestion? These recommendations don't seem logical either, especially for Bitcointalk members. In a typical investment portfolio, Bitcoin should account for at least 20-30%, not just 1-2%. In my opinion, real estate should take priority. ETFs and similar funds are simply for ordinary people who don't know how to invest. They're like mixed nuts: There are some pistachios, but it's mostly chickpeas. In other words, they don't make you much money, but they do moderate the risks.

Yeah, very well Bitcoin ETFs are not a primary investment portfolio class but just a speculation and somewhat a gambling kind of mindset which shouldn't be considered as the main investment goal for Bitcoinairs but just an alternative and a gamble as a speculative avenue for most investors who are ready to risk their investments in Bitcoin segmented region that differs the real Bitcoin investment procedures.
So for sure, Bitcoin ETF is not somewhat the real Bitcoin investment that we always look forward to in most of our discussions and for sure gamblers only will find Bitcoin ETF as most favorable as an investment or something to gamble on at whatever time.

[Stalker22]

Those same "experts" were probably predicting a housing market crash last year.  Give me a break! Bitcoin is a risky investment, and its not for everyone. If you are going to invest in it, do your research and be prepared to lose money. But listen, these "experts" are just trying to sell you something. They dont know any more than you do.

[Ziskinberg]

ETF would really make the job easy for investors but we don't have control of that since its usually has terms where we can only sell at the certain time so we have to trust our managers judgement on that matter. However, if we want full freedom and security, we should consider learning the basic on how to buy on our own and secure our assets. its actually not complicated if we'll try to learn, after all we are dealing with a risky investiment here, at least we should do our job to ensure to minimize the risk.

About other kinds of investmtnet, thats' based on our judgement but the fact that we are in crypto, we believe on its future, volatility is just normal its part of it but bigger picture suggest that its profitable. so go for long term as always.

[ChiBitCTy]

As a financial advisor, I would say this is pretty much on point.  The main thing here is everyone just needs to make sure that they are aware of what they’re getting themselves into. While bitcoin is inherently not an investment. It certainly has become one and is a highly volatile one. It’s always good to try to hit home runs with a small portion of your portfolio if you can afford to.

[romero121]

As of now, around 2% of wallet addresses control 90% of the bitcoin in circulation. How is this happening? If we think about it, we may have different thoughts on investing in bitcoin.The purpose for which it got innovated is different, and it has now evolved as an investment rather than the real purpose of usage as a transaction source without any third-party involvement.

If there exists a situation where more than 50% of the entire circulation is in the hands of a specific authority, there'll be big manipulation. Already bitcoin is highly volatile, and the same could be used as a means and manipulated. At present, investing has given good profit, and with the same positive thoughts, we can invest. This seems to be better than thinking much about investing in bitcoin, which has already proven its value.

[BlackBoss_]

As of now, around 2% of wallet addresses control 90% of the bitcoin in circulation. How is this happening? If we think about it, we may have different thoughts on investing in bitcoin.The purpose for which it got innovated is different, and it has now evolved as an investment rather than the real purpose of usage as a transaction source without any third-party involvement.

You can have more details with Bitcoin Rich List
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

Bitcoin addresses holding > X BTC by year
https://www.bitcoinmagazinepro.com/charts/addresses-holding-x-btc-by-year/

The Shrimp Supply Sink: Revisiting the Distribution of Bitcoin Supply.

If there exists a situation where more than 50% of the entire circulation is in the hands of a specific authority, there'll be big manipulation. Already bitcoin is highly volatile, and the same could be used as a means and manipulated. At present, investing has given good profit, and with the same positive thoughts, we can invest. This seems to be better than thinking much about investing in bitcoin, which has already proven its value.

They only can manipulate the market, trading volume and price but can not manipulate Bitcoin blockchain just by owning more bitcoins than others.

Bitcoin blockchain is a Proof of Work blockchain, not Proof of Stake and owning more bitcoins don't give you more powerful weight on Bitcoin blockchain.

[OsaiEmma]

Is it right time to invest in Bitcoin?

in my opinion not really, let the dip keep dipping (NFA)