Topic: Best investment is bitcoin - page 10. (Read 1293 times)

I have been reading the posts on this forum and so many people are saying they lost a lot of money and bitcoin is no good. Many people are saying that bitcoin and other cryptos have been a bad investment.

But if we look at the facts and the performance and compare to other investments that some people make we can see that this is not the case.

People are making the mistake of focussing on price changes on a day to day basis but investment is not about day to day price movements. It is about patience and reward.

If we look at the changes in one year we can see that bitcoin has performed many times better than all other investments. For one year bitcoin has gone up a massive amount. It was $900 this time last year! Now it is $7000. That has given bitcoin investors an incredible 700% return in just one year. The stockmarket average return for the same one year has given only 2% return. Fiat money has fallen. The dollar has gone down by 15%. Savings accounts have given a return of about 1%.

When you look at the returns and losses of all these investments, the best was stockmarkets that gave average 2%. So bitcoin has given 700% yet people are complaining that it has been a bad investment, even though it is 350 times better than the next best investment. What other investment has given you 700% profit in one year?

Remember, don't be fooled by day to day price changes. Look at the one year and the longer term facts. When you look at these you can see that if you invested in bitcoin you have made many more profits than everything else put together hundreds of times over.

I have been reading the posts on this forum and so many people are saying they lost a lot of money and bitcoin is no good. Many people are saying that bitcoin and other cryptos have been a bad investment.

But if we look at the facts and the performance and compare to other investments that some people make we can see that this is not the case.

People are making the mistake of focussing on price changes on a day to day basis but investment is not about day to day price movements. It is about patience and reward.

If we look at the changes in one year we can see that bitcoin has performed many times better than all other investments. For one year bitcoin has gone up a massive amount. It was $900 this time last year! Now it is $7000. That has given bitcoin investors an incredible 700% return in just one year. The stockmarket average return for the same one year has given only 2% return. Fiat money has fallen. The dollar has gone down by 15%. Savings accounts have given a return of about 1%.

When you look at the returns and losses of all these investments, the best was stockmarkets that gave average 2%. So bitcoin has given 700% yet people are complaining that it has been a bad investment, even though it is 350 times better than the next best investment. What other investment has given you 700% profit in one year?

Remember, don't be fooled by day to day price changes. Look at the one year and the longer term facts. When you look at these you can see that if you invested in bitcoin you have made many more profits than everything else put together hundreds of times over.

I have been reading the posts on this forum and so many people are saying they lost a lot of money and bitcoin is no good. Many people are saying that bitcoin and other cryptos have been a bad investment.

But if we look at the facts and the performance and compare to other investments that some people make we can see that this is not the case.

People are making the mistake of focussing on price changes on a day to day basis but investment is not about day to day price movements. It is about patience and reward.

If we look at the changes in one year we can see that bitcoin has performed many times better than all other investments. For one year bitcoin has gone up a massive amount. It was $900 this time last year! Now it is $7000. That has given bitcoin investors an incredible 700% return in just one year. The stockmarket average return for the same one year has given only 2% return. Fiat money has fallen. The dollar has gone down by 15%. Savings accounts have given a return of about 1%.

When you look at the returns and losses of all these investments, the best was stockmarkets that gave average 2%. So bitcoin has given 700% yet people are complaining that it has been a bad investment, even though it is 350 times better than the next best investment. What other investment has given you 700% profit in one year?

Remember, don't be fooled by day to day price changes. Look at the one year and the longer term facts. When you look at these you can see that if you invested in bitcoin you have made many more profits than everything else put together hundreds of times over.

I dont think bitcoin as a best investment because this is so volatile and risky but all i can say that  bitcoin is a good investment too but you have to control you investments that you can afford to lose only.

Investing takes patience and also understanding that you can still fail. It does not mean Bitcoin is so bad, any other investment can fail.

I have been reading the posts on this forum and so many people are saying they lost a lot of money and bitcoin is no good. Many people are saying that bitcoin and other cryptos have been a bad investment.

But if we look at the facts and the performance and compare to other investments that some people make we can see that this is not the case.

People are making the mistake of focussing on price changes on a day to day basis but investment is not about day to day price movements. It is about patience and reward.

If we look at the changes in one year we can see that bitcoin has performed many times better than all other investments. For one year bitcoin has gone up a massive amount. It was $900 this time last year! Now it is $7000. That has given bitcoin investors an incredible 700% return in just one year. The stockmarket average return for the same one year has given only 2% return. Fiat money has fallen. The dollar has gone down by 15%. Savings accounts have given a return of about 1%.

When you look at the returns and losses of all these investments, the best was stockmarkets that gave average 2%. So bitcoin has given 700% yet people are complaining that it has been a bad investment, even though it is 350 times better than the next best investment. What other investment has given you 700% profit in one year?

Remember, don't be fooled by day to day price changes. Look at the one year and the longer term facts. When you look at these you can see that if you invested in bitcoin you have made many more profits than everything else put together hundreds of times over.

I agree. As much as altcoins could be good investments of their own. Bitcoin is still, and the moment, would always be the best investment one can make. The sheer difference in value and the potential it has due to the support it gets and the business and transactions that use it are evidence enough how this coin can be nothing short than the most reliable coin around. I think that the only downside to it is the fact that it can take for months and months before it surges in value that one should really have long patience just to keep their investments up and active.

I have been reading the posts on this forum and so many people are saying they lost a lot of money and bitcoin is no good. Many people are saying that bitcoin and other cryptos have been a bad investment.

But if we look at the facts and the performance and compare to other investments that some people make we can see that this is not the case.

People are making the mistake of focussing on price changes on a day to day basis but investment is not about day to day price movements. It is about patience and reward.

If we look at the changes in one year we can see that bitcoin has performed many times better than all other investments. For one year bitcoin has gone up a massive amount. It was $900 this time last year! Now it is $7000. That has given bitcoin investors an incredible 700% return in just one year. The stockmarket average return for the same one year has given only 2% return. Fiat money has fallen. The dollar has gone down by 15%. Savings accounts have given a return of about 1%.

When you look at the returns and losses of all these investments, the best was stockmarkets that gave average 2%. So bitcoin has given 700% yet people are complaining that it has been a bad investment, even though it is 350 times better than the next best investment. What other investment has given you 700% profit in one year?

Remember, don't be fooled by day to day price changes. Look at the one year and the longer term facts. When you look at these you can see that if you invested in bitcoin you have made many more profits than everything else put together hundreds of times over.