IS BITCOIN AN "A" OPTION OR PLAN "B" INVESTMENT?

[Nicho-brown]

IS BITCOIN AN "A" OPTION OR PLAN "B" INVESTMENT: this question has come to stay because many do not know from their left to their right as regards to Bitcoin investment or Bitcoin trading as we speak today.

As my father could say, "He who as questions do not miss road while embarking on a journey" so many people believes in doing other businesses or trading rather than Bitcoin because of one or two reasons as the case may be.

Most people believes in where they will be making quick money no matter the risk involved, while most believes in what they called legit money. Forgotten the fact that, no risk no gain. Because you must be ready to face any risk while investing of any kind.

So trading full-time in Bitcoin, after being grounded in all ramifications about Bitcoin, i don't know if one can possibly make Bitcoin investment as option A or B investment.

[YOSHIE]

i don't know if one can possibly make Bitcoin investment as option A or B investment.

When you talk about choices in Bitcoin investment, in my personal understanding you can say that your statement is very specific about options A and B.
Even though you are referring to options, of course you must also refer to the comparison and also the risks between stable investment assets and Bitcoin, where we can characterize Bitcoin in investment options.

You need to understand that when you choose stable assets such as gold, property and others, that is option A, while Bitcoin can be said to be very aggressive, including investment option B.
When you are dealing with trading, long-term investments and trades like Bitcoin which are commonly done by people, you also cannot predict accurately and the failure rate is high to get passive profits, of course you will lead to option B.

Therapy when you are dealing with storage assets and fixed prices, you are no longer stressed by the market and price fluctuations will certainly direct you to option A.

Yes, when you understand the risks of Bitcoin, I'm sure you don't place an investment position in Bitcoin option A.

[Smartprofit]

I know people who don't even consider Bitcoin and gold investments. They believe that only assets that generate additional income in the form of interest, dividends, and so on can be considered investments. Bitcoin doesn't generate such additional income; an investor can only profit from Bitcoin's price growth (which may or may not happen). 🙋

Personally, I don't consider gold or real estate to be reliable investments, and Bitcoin, on the contrary, to be unreliable. This classification, in my opinion, is not entirely correct.

Bitcoin was originally conceived as an alternative to the modern financial system. In the event of the collapse of fiat currencies and traditional financial instruments, people could preserve their capital by investing in Bitcoin. That was the original idea! Moreover, Bitcoin served not only as a store of value but also as a means of payment (something that government officials around the world are very unhappy about).

 The problem with modern Bitcoin, in my opinion, is that institutional players are trying to tightly integrate it into the traditional system, which deprives it of its fundamental value as an alternative to the modern financial system.

At the same time, I still consider Bitcoin a good investment (all others, in my opinion, are much worse).🧖

[Richbased]

IS BITCOIN AN "A" OPTION OR PLAN "B" INVESTMENT: this question has come to stay because many do not know from their left to their right as regards to Bitcoin investment or Bitcoin trading as we speak today.

Bitcoin is PLAN B investment because the reason for its invention was to stand as an alternative to fiat currency but you can still treat it as an A OPTION in the sense that it has more value compared to fiat. Bitcoin is mostly used as an investment because of the value it possess, using it for trading is unwise, everyone cherish a valuable asset and store it because they know it has potentials to become more valuable in the future.

As my father could say, "He who as questions do not miss road while embarking on a journey" so many people believes in doing other businesses or trading rather than Bitcoin because of one or two reasons as the case may be.

The reason why some people prefer other businesses and investment to Bitcoin is because they are impatient, they can't wait for their investment to grow in the long term so they prefer investments that they think will give them quick profits but some of them still came back to Bitcoin after they invested in some shitcoins and lost their money.

Most people believes in where they will be making quick money no matter the risk involved, while most believes in what they called legit money. Forgotten the fact that, no risk no gain. Because you must be ready to face any risk while investing of any kind.

The truth is that all investment are risky, you just have to know how to manage the risks so that it doesn't consume you when things doesn't work your way.

So trading full-time in Bitcoin, after being grounded in all ramifications about Bitcoin, i don't know if one can possibly make Bitcoin investment as option A or B investment.

You are making a contradiction between trading bitcoin and investing in Bitcoin, however, I don't think there are many people who made trading Bitcoin a full-time practice because like I said earlier, it is slow in volatility and most traders trades on coins with high volatility so that they can have the chances of making huge profits in a short term. Making Bitcoin a plan A or plan B investment is your choice to make.

[Ambatman]

Most people believes in where they will be making quick money no matter the risk involved, while most believes in what they called legit money. Forgotten the fact that, no risk no gain. Because you must be ready to face any risk while investing of any kind.

if I'm not mistaken what you trying to say here is that only legit business has no risk
Which means bitcoin isn't legit?
Well all business whether legal or illegal have their risk and bitcoin is legal in most countries.

So trading full-time in Bitcoin, after being grounded in all ramifications about Bitcoin, i don't know if one can possibly make Bitcoin investment as option A or B investment.

imagine using trading and investment in same scenario
Hope you aware trading isn't necessarily investing.
I might not be a big fan of trading bitcoin but even if you do
At least have some that's on investment.


Plan A or B?  Well that's left for an individual to decide after considering their goal.

[Justbillywitt]

Bitcoin investment should be your option B, reason being that it takes years for an investor to see a reasonable amount in return as profit if one invest in bitcoin. Such an investment can’t be your plan A alternative form of investment. Your investment A choice should be something that can be generating money for you on a regular bases. It is from that your investment alternative A, that you can be generating money to invest in bitcoin as investment alternative B, which is also serving as the store of value for your capital against inflation. Bitcoin investment don’t have any profit guarantee you also have to bear that in mind while making your decision.

[Merit.s]

So trading full-time in Bitcoin, after being grounded in all ramifications about Bitcoin, i don't know if one can possibly make Bitcoin investment as option A or B investment.

Trading isn't an option because the market is unpredictable and market swings put traders at loss in the long run. If you talk about bitcoin long term investment, it's option B. In the sense that you have a regular source of income which you use part of it to buy bitcoin and hodli till whenever, you want to in the future.

Another thing is that, your bitcoin investment shouldn't be the first option to tap from when you need funds in future to enable you create another means of income that will be your first option to tap from when you need funds in future because the price increases in value overtime.

[Antidote47k]

Most people would lean towards option B, though i think it depends on your situation or circumstance.
For someone that has a stable income, emergency funds and diversified portfolio, he might consider investing a significant amount of his capital into bitcoin, as for others that may need money for situations like rent, school and business operations frequently, then making bitcoin their primary investment wouldn’t be making much sense.
Bitcoin’s volatility makes it unsuitable for short term investments, choosing to diversify into other things doesn’t necessarily mean you lack confidence in bitcoin.

[Joy_learns_crypto]

For Bitcoin to be your plan A option you must have had the money to invest in it with, Bitcoin can't be your plan A or plan B if you can't even buy it sustainable for it to become a successful investment for you.
If the Money to invest is at hand and the confusion is which asset to make priority and which to make a back up then for me Bitcoin should be your plan A and other assets can be your plan B.

[bitLeap]

So trading full-time in Bitcoin, after being grounded in all ramifications about Bitcoin, i don't know if one can possibly make Bitcoin investment as option A or B investment.

As an investor you must have a target that you want to achieve in investing, then the choice of A or B depends on the goal you want. Set a goal and you will not get confused.
After understanding the ins and outs about Bitcoin, then what? want to become a trader or investor? or both?
In the end a greedy choice that often makes someone confused to choose.

[The Cryptovator]

IS BITCOIN AN "A" OPTION OR PLAN "B" INVESTMENT: this question has come to stay because many do not know from their left to their right as regards to Bitcoin investment or Bitcoin trading as we speak today.

So trading full-time in Bitcoin, after being grounded in all ramifications about Bitcoin, i don't know if one can possibly make Bitcoin investment as option A or B investment.

Bitcoin is an opportunity for investment; now it depends on you how you are going to treat Bitcoin. Bitcoin investment and Bitcoin trading aren’t the same. You would do day trading, like you buy a spot trade on the exchange and sell the same day or the next day to take the profits. That shouldn’t consider Bitcoin investment.

If you purchase Bitcoin and hold it for a long time on the non-custodial wallet, then it will consider it a Bitcoin investment. If you consider it a primary investment, then it is. If you take a secondary investment or a plane B investment, then probably you have given priority to another asset for investment.

For me, I have been investing in Bitcoin that I can afford to lose, not a primary investment. I am going to invest in land as my primary investment. For the rest, I have been purchasing Bitcoin through the DCA strategy.

[Charles-Tim]

So trading full-time in Bitcoin, after being grounded in all ramifications about Bitcoin, i don't know if one can possibly make Bitcoin investment as option A or B investment.

Just make this clear. Trading or investment? Know that trading is very risky. It is better to invest than to trade is what most people that do both are saying.

You can DCA or buy bitcoin if the price fall just like now when it fell below $70000. Bitcoin can be an option A or option B investment. If you like, you can diversify.

Bitcoin is my option A, but I diversify.

[Shadiq]

Plan 'A' has the highest expectations, so I don't think Bitcoin will be able to meet those expectations. So it would be wise to keep Bitcoin investment as Plan 'B'.

Bitcoin is not a way to get rich quick and is not capable of providing regular income. Even if Bitcoin gives you freedom, Bitcoin investment will not give you the freedom to invest at any time. Because market volatility will take away your freedom to sell. So Plan 'A' recommends investing in relatively stable assets like gold, land, real estate and business investments.

If you talk about digital assets, then I would like to keep Bitcoin investment as Plan 'A'. All other assets will be in my alternative Plan 'B'.

[SatoPrincess]

So trading full-time in Bitcoin, after being grounded in all ramifications about Bitcoin, i don't know if one can possibly make Bitcoin investment as option A or B investment.

Do not mistake bitcoin trading and bitcoin investment as one and the same. Bitcoin trading requires a certain degree of knowledge and professionalism to make profits. Bitcoin investments on the other hand is quite simple, less risky and open to all investors, you have the opportunity to DCA or buy lump sum amount of bitcoins and hodl.

[Sobz]

The question you are asking is an individual choice,  you can choose to make bitcoin your only option or a plan B. Their are so many people who invest in Bitcoin and it is their only investment and they are doing very fine with it. Some people have other investment, physical and other crypto investment,  which they can decide to choose it as plan B or A but whatever plan they put it doesn't make bitcoin less. Bitcoin is one of the best and reliable investment,  whether people consider it good or not bitcoin is still bitcoin and with time those who doesn't understand will get a better understanding of what it is.

[Die_empty]

So trading full-time in Bitcoin, after being grounded in all ramifications about Bitcoin, i don't know if one can possibly make Bitcoin investment as option A or B investment.

You should know that not everybody is interested in dealing in Bitcoin. Some people have a preference for other assets, so they should not be seen as ignorant or forced to buy Bitcoin. In my view, it seems you are taking Bitcoin too seriously, and that's not right.

I don't engage in short-term Bitcoin trading, and I also don't advise people to engage in it for some reasons. I see Bitcoin as an asset that serves as a hedge against inflation and a means to bypass government financial restrictions. By simply using DCA to accumulate it based on my income. I don't need to see it as a full-time job.

[boyptc]

Either way, both are viable options.

But if you want to trade full time and you're going to use bitcoin in it, you're doing it wrong in the long run. Because of how risky it is, your chances of losing those bitcoins on hand is high.

If you're going to trade, you keep those bitcoins and set that for long run as your main investment while doing whatever you want.

Trading for full time, doing something else or any other activities that you truly want to do without putting so much risk to your asset.

You have asked it in the bitcoin forum, the majority of us here have already put bitcoin as our priority plan and it could be A or there's no other plan aside from that.

Trading and investing are different choices and make sure that if either plan have failed, you need to have a back up plan for yourself.

[LFC_Bitcoin]

For me it’s Option A because personally, getting in early has made my life. If I was a newbie now though I probably wouldn’t see it as the number one pinnacle of my financial future. We have seen diminishing returns in recent bull markets so the 100x gains aren’t there any more. It is still a really good option for a diversified portfolio though.

[PrivacyG]

You can see from the answers above that there is no definitive answer to your question, as it is mostly subjective.  To some people it is a plan B, to others it is not.  The short question is that it is what you want it to be.

[Hamza2424]

I see Bitcoin as an asset that serves as a hedge against inflation and a means to bypass government financial restrictions. By simply using DCA to accumulate it based on my income. I don't need to see it as a full-time job.

I agree that BTC is the best hedge against inflation, even better than gold, but don't forget to write "long term" with it too because, in the short term, it can be the worst hedge against inflation due to its high volatility. Like right now, it is not as volatile as it used to be before.

Like bro, in 2022, inflation was the highest, at around 9%, while BTC dumped more than 60% that same year, so it was not much of a hedge against inflation. But in the long run, it can outperform many.