IS BITCOIN INVESTMENT REALLY ADVISABLE?

[Nicho-brown]

IS BITCOIN INVESTMENT REALLY ADVISABLE: This is a double thought question that has been on the line for quite some time now, and i think it's really ripe for a candid response to be given.

Because too many people out there are very much afraid of investing in Bitcoin because of too many stories that they have heard concerning online investments, and this has kept them on-hold.

Like in the days of our fathers, they had this mentality that the bank can at any day crash or robbed. So they prefer saving their money within them, either they have a saving box or they dig a hole within their room and be saving their money where they can be able to be seeing it per minute per second.

So we are in a world were many things are happening on a daily, and many are still afraid of investing in Bitcoin. So it will be nice to really get this as a topic to be treated.

[Ruttoshi]

The highest risk is that you didn't invest in bitcoin when you have the money to do so, but because you're skeptical about it. Bitcoin investment is worth taking the risk to invest provided that you are investing for a long term with the amount of money that you can afford to lose.

Check the history of bitcoin and see for yourself that bitcoin price keeps increasing overtime. The debasement of Fiat currency is a good reason to see why you should invest into bitcoin inside of piling up Fiat. This is the right time to invest if you have the money.

[MusaMohamed]

IS BITCOIN INVESTMENT REALLY ADVISABLE: This is a double thought question that has been on the line for quite some time now, and i think it's really ripe for a candid response to be given.

Because too many people out there are very much afraid of investing in Bitcoin because of too many stories that they have heard concerning online investments, and this has kept them on-hold.

You don't have to convince anyone to invest money in Bitcoin.

The first and most important reason is by doing that, you reveal that you are a Bitcoin investor. Then you lose your privacy, and might become a potential $5 wrench attack victim or physical attack victim. It even affects safety of your family members and if you know about that, you will have to consider many times before talking about Bitcoin investment to someone around you.

Next reasons are like you never want to feel responsible for any action and result of people who got investment advice from you. Don't fall into this, if they want to invest, they can search with Google or AIs, and many helpful answers they will get from machines.

[Mrbluntzy]

I like bitcoin, so I'd say bitcoin investment is advisable for anyone that see need to invest in it, I was not convinced by anyone before I started investing on bitcoin, I saw that there was need for me to when I realized that if I invest in it, I will be able to make profit from it after holding for a long term, apart from the profit advantage of it, I also realize that it gives me total control overy money. When I first started, I didn't get into bitcoin because of any other reason except to make profit and I think that's the most common reason for some investors but there are other types of investment, so anyone that doesn't feel convinced on their own to invest on bitcoin, they can try something else. The advantage of bitcoin is what makes it a very mandatory kind of investment for me.

[Obim34]

So we are in a world were many things are happening on a daily, and many are still afraid of investing in Bitcoin. So it will be nice to really get this as a topic to be treated.

Bitcoin investment is an option, treat it as such, you don't need our conviction on whether to invest if you don't see a need for it.

IS BITCOIN INVESTMENT REALLY ADVISABLE? Yes, the price of Bitcoin has grown significantly, it didn't happen in a short time, but over many years of believing in its potential. Over a decade and nearly a second, the price of Bitcoin has reached an ATH of $126K, let us compare with 10 years ago, Bitcoin was less than $1K, even if the price of Bitcoin doesn't skyrocket same way, we are sure of the profits after holding.

[Queentoshi]

So we are in a world were many things are happening on a daily, and many are still afraid of investing in Bitcoin. So it will be nice to really get this as a topic to be treated.

Facts will confront fear, and many people who hear all these stories online that inspire fear in them always fail to try to verify these stories that they have heard because there are a lot of lies and exaggerations on the internet. Some people while even sharing their negative story online about bitcoins, they fail to mention some facts like maybe their negative experience was due to a bad choice they made, or a warning they ignored. I will definitely advise people to invest in bitcoin, but I will also let them know that they should do it from a responsible standpoint where they learn to research.

[Bd officer]

So we are in a world were many things are happening on a daily, and many are still afraid of investing in Bitcoin. So it will be nice to really get this as a topic to be treated.

In my opinion, it is not important to see what others think about Bitcoin, it is important how you see Bitcoin yourself. You can help people gain knowledge about Bitcoin but you do not need to advise anyone to invest.

Actually, in the past, very few people considered Bitcoin trustworthy, but over time, Bitcoin's acceptance is increasing and people are increasing their interest in investing in Bitcoin. But those who are too afraid to invest in Bitcoin may not have enough knowledge about Bitcoin or they do not know the history.

[qurbanshah02]

So we are in a world were many things are happening on a daily, and many are still afraid of investing in Bitcoin. So it will be nice to really get this as a topic to be treated.

Bitcoin investment is an option, treat it as such, you don't need our conviction on whether to invest if you don't see a need for it.

IS BITCOIN INVESTMENT REALLY ADVISABLE? Yes, the price of Bitcoin has grown significantly, it didn't happen in a short time, but over many years of believing in its potential. Over a decade and nearly a second, the price of Bitcoin has reached an ATH of $126K, let us compare with 10 years ago, Bitcoin was less than $1K, even if the price of Bitcoin doesn't skyrocket same way, we are sure of the profits after holding.

Bitcoin has grown in the past 16 years and people still want to know how to invest in Bitcoin. This question has come up many times but everyone has given their own opinion but the answer should be simple. Can you give up the increasing profits although it takes time as you have said that in the last 10 years the price has increased so much and since this 1 year the price has decreased a lot. If we hold more and more we will know in the coming time because the price of Bitcoin is not possible to stop so as soon as the difficult times pass the price of Bitcoin will go towards the new ATH and after these next 10 years we will compare with today's time and earn profit with the big price of Bitcoin.

[bitbollo]

bitcoin is an alternative to the standard economic system. 
it allow to access to a plethora of services and "mechanisms" that would be hidden to the average joe.
fews have realized that this is already "unaccesible" for the most.  once a single transaction could become expensive or there is a burden in hardware/software before you can transact it's evident the "investment" part would become just negligible.
here there is the main point and the main difference.  if you are looking for an alternative as mentioned initially, you are making the best investment possible.
if you are just looking to "snatch" as more cash as possible, speculating and hoarding this resource, rarely you will achieve any success.

[Maslate]

I like it when people ask questions like that especially if Bitcoin is currently on its downturn. As of today, Bitcoin dumped to below $70k and it's expected that some people will ask questions like this due to doubts but it's nothing new, it has happened many times in the past, people panic when Bitcoin dumps but in the end they will realize that they only wasted an opportunity when Bitcoin starts to recover and pump.

How many times have we learned from this, I know you are a newbie not sure in real life though, but try to check the history of Bitcoin, so you would no longer have doubts, instead you might be encouraged to invest as you are looking at a good entry point.

[Luzin]

IS BITCOIN INVESTMENT REALLY ADVISABLE: This is a double thought question that has been on the line for quite some time now, and i think it's really ripe for a candid response to be given.

Because too many people out there are very much afraid of investing in Bitcoin because of too many stories that they have heard concerning online investments, and this has kept them on-hold.

If I were asked about the best investment right now, I would answer Bitcoin in the first position. But beyond that, I would not advise anyone because I understand the risks. Besides, my experience in giving Bitcoin investment advice is that people are not serious about learning. So in the end, they give up and do not continue. I feel quite sad because they do not struggle like I do. Although it can be seen that I can prove I have already enjoyed the results of my investment and struggle up to today. For others, sometimes there are many evil people so beginners do not get good knowledge. As a result, they suffer more losses. This situation is one of the factors why many people say Bitcoin is a bad investment.

[laspol65]

Investing in Bitcoin is quite wise, because the past is not the same as the present. If you invest in Bitcoin now, then of course there is a touch of modernity here, so in this situation you can consider Bitcoin investment quite good. This situation can benefit you more if you can invest in Bitcoin correctly at the right time and keep it for a long time, the biggest guarantee is in keeping Bitcoin investment for a long time.
So you can invest in Bitcoin, it is guaranteed to eliminate future economic shortages.

[Agbamoni]

IS BITCOIN INVESTMENT REALLY ADVISABLE: This is a double thought question that has been on the line for quite some time now, and i think it's really ripe for a candid response to be given.

Double thought: when, where, and how?

Nobody talks about Bitcoin that way. Any person who wants advice before they are willing to invest in Bitcoin isn't ready at all. Those who understand the values are buying, while those with doubt sit and watch.

Because too many people out there are very much afraid of investing in Bitcoin because of too many stories that they have heard concerning online investments, and this has kept them on-hold.

Stories of hacks, scam happens with stock brokers, traditional banks, micrifinance bank and so on. Nothing has changed since then. People still use traditional banks. Many are buying stocks, and bank apps are getting hacked. In Paraguay, South America, people woke up discovering that they cannot access their money saved for years. They cannot withdraw, pay for groceries, or transfer money using their bank app and debit card. It created panic and riots in the country. After the news, the same people didn't change banks; they kept on using the same bank when the issue was sorted out.

My intent in saying this is that no matter what has really happened with Bitcoin apps, wallets, and more over the years. It doesn't change the fact that Bitcoin itself is of great value to many people.

[LogitechMouse]

Because too many people out there are very much afraid of investing in Bitcoin because of too many stories that they have heard concerning online investments, and this has kept them on-hold.

I'm pretty sure those people who are afraid on investing on Bitcoin are the new ones who don't have any idea on how Bitcoin works. If you will ask somebody who's investing on Bitcoin for a long time on whether they're afraid on investing on it, they will say "NO" for sure. Yes, there are so many negative stories about Bitcoin out there such as it being involved to such scams, hacks and breaches, and this is where your knowledge comes to play because if you have idea on how Bitcoin works, you will see that it's a type of investment that you have nothing to be afraid of.

Like in the days of our fathers, they had this mentality that the bank can at any day crash or robbed. So they prefer saving their money within them, either they have a saving box or they dig a hole within their room and be saving their money where they can be able to be seeing it per minute per second.

Well, we can't blame them if that's how they want to save their money. At the end of the day, that's how they learned saving unlike us and how we are learning it today. It's a different generation therefore, the way people are teaching about sharing is a bit different. Nothing wrong with how the old people are doing it, but it's just that, inflation is eating their money, and that's something that majority will not understand because that's not being taught when they're still young.

So we are in a world were many things are happening on a daily, and many are still afraid of investing in Bitcoin. So it will be nice to really get this as a topic to be treated.

Like what I said, only newbies on crypto-investing are the ones that are afraid to invest on it because they still have no idea on how it works. As they gain more knowledge, they'll realize that it's something that they shouldn't afraid to invest their money with. Back when I'm a newbie, I also felt the same fear on investing, but as I gain more and more information, I learned that it's not, and you just need to have info that will help you succeed.

[Ahli38]

IS BITCOIN INVESTMENT REALLY ADVISABLE: This is a double thought question that has been on the line for quite some time now, and i think it's really ripe for a candid response to be given.

Because too many people out there are very much afraid of investing in Bitcoin because of too many stories that they have heard concerning online investments, and this has kept them on-hold.

Like in the days of our fathers, they had this mentality that the bank can at any day crash or robbed. So they prefer saving their money within them, either they have a saving box or they dig a hole within their room and be saving their money where they can be able to be seeing it per minute per second.

So we are in a world were many things are happening on a daily, and many are still afraid of investing in Bitcoin. So it will be nice to really get this as a topic to be treated.

Bitcoin is the result of ideas aimed at achieving freedom through decentralization. And you won’t find that in any centralized storage system. Its potential for appreciation is similar to that of gold which is why many people consider Bitcoin to be digital gold. And I see that both can experience price increases or even declines. But in the long term Bitcoin also has significant potential for substantial appreciation. So I personally believe that Bitcoin is highly worth recommending to anyone looking to invest. You just need to show them that Bitcoin has never disappointed when held for the long term. And you can show them Bitcoin’s historical price data so they understand there’s no need to be afraid of investing in Bitcoin. On the other hand many people mistakenly believe that Bitcoin is similar to altcoins, where they often have problems. And you also need to tell them to separate Bitcoin from altcoins.

[Faisal2202]

IS BITCOIN INVESTMENT REALLY ADVISABLE: This is a double thought question that has been on the line for quite some time now, and i think it's really ripe for a candid response to be given.

So we are in a world were many things are happening on a daily, and many are still afraid of investing in Bitcoin. So it will be nice to really get this as a topic to be treated.

I am not too old, but one transition of money that I have seen is from cash to digital cash. A lot of people in my village once never understood how money in their bank accounts could be sent to someone through apps, and they thought it was fake and the bank was lying to them until I tried to explain what actually happens. But you know, it's not easy to change their minds. My own grandfather uses a dialer phone and stays away from screens.

I sometimes advise my cousin to invest in BTC as he is already trading in futures, so I suggest it because I know he understands what crypto is, but he still doesn't know what's happening in the crypto field except for the news related to the coins he is trading.

But he never took my advice seriously because he thinks he is too old to invest and wait for profits. He thinks he has to move his ass in trading in order to make consistent profits.

[iBaba]

~~~

Bitcoin is a very good investment but I would not advise anybody to rush into it, because bitcoin comes with risk of price volatility, you can make a good profit and you can also lose a significant amount if you invest without understanding what you are doing. The important thing is that you should learn how it works before putting your money.

Personally I think keeping cash is not safe either, especially how inflation reduces it purchasing power over time. So bitcoin can be one way to diversify your savings and not just rushing to invest because of the hype, it is something you start small, learn about self custody and never invest money you can’t afford to lose.

[Joy_learns_crypto]

IS BITCOIN INVESTMENT REALLY ADVISABLE: This is a double thought question that has been on the line for quite some time now, and i think it's really ripe for a candid response to be given.

Because too many people out there are very much afraid of investing in Bitcoin because of too many stories that they have heard concerning online investments, and this has kept them on-hold.

Like in the days of our fathers, they had this mentality that the bank can at any day crash or robbed. So they prefer saving their money within them, either they have a saving box or they dig a hole within their room and be saving their money where they can be able to be seeing it per minute per second.

So we are in a world were many things are happening on a daily, and many are still afraid of investing in Bitcoin. So it will be nice to really get this as a topic to be treated.

This is a topic that has already been treated, do a search on it to find where it has been treated. And like in the days of our fathers they can also get robbed of the money they are saving within them, although where I am from our fathers and grandparents found bank helpful and safer when it arrived because before then they were losing their money to thieves and their life was at risk.

Bitcoin is an investment I will advise but not until you have known about it yourself. There are risks, but it is an investment I will make over and over again at any time.

[gracreavix]

Bitcoin investment is very much advisable. There is a saying that says, you can bring a camel to a river but you can't force them to drink water. You can advice people, but you can't force them to do what they don't want to do. In as much as you want to advise people, don't get drowned in it. You can advice peolple but don't get dragged into what you won't get injured in. Bitcoin is a good investment. And over the years, we have come to develop a strategy that has helped in making a decent and fruitful investment. And that is DCA method. It is when after settling all your bills and necessity, the leftover cash is then used for investment.

[Marykeller]

Bitcoin investment is advisable for those who understand its volatility, have a long term goal, and are ready to take the risk of investing in it.

For those who don't see Bitcoin as a future asset, don't have basic knowledge, or are looking for a quick way to get rich, Bitcoin is not advisable for that kind of person. They should stay away from investing in Bitcoin because of the wrong mentality they have about Bitcoin.

Those who see the importance of telling someone they know about investing in Bitcoin, they should do that with caution, not give people hope of investing all their whole money in Bitcoin to be rich