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Topic: Bitcoin: Best investment in 2017? - page 16. (Read 11161 times)

sr. member
Activity: 431
Merit: 250
May 03, 2017, 03:26:08 AM
#69
many users are optimistic about bitcoin, some even say bitcoin is better than gold, for now yes, but I'm not sure forever. If the bitcoin best investment, surely the bank will accept bitcoin.
hero member
Activity: 910
Merit: 523
May 03, 2017, 01:45:47 AM
#68
Bitcoin price has outperformed every reserve and fiat currency across the world year to date, yet again. By outperforming the US dollar by over 30 percent, Bitcoin surpassed the growth of the Mexican Peso, Silver, Gold and Russian Ruble to become the best performing currency so far in 2017.

Thus far, 2017 has been a successful year for both Bitcoin investors and alternative cryptocurrency (altcoin) traders, with leading altcoins or crypto assets such as Ethereum achieving a $5 bln market cap in early April. The Bitcoin market, however, experienced some major changes in its ecosystem earlier this year. The major driving force of Bitcoin price in 2017 is suspected to be the resolution of the Bitcoin network’s current scalability problems.

The Bitcoin network’s one MB cap on block size is causing Blockchain congestion, a drastic increase in fees at times and long confirmation times. If Bitcoin scalability issues are addressed within this year, with innovative solutions such as Bitcoin Core’s Segregated Witness (SegWit), Andrew Lee’s Extension Blocks or other potential emerging solutions, Bitcoin price will most likely demonstrate an exponential mid and long-term increase.

Would you invest in BTC this year?

I think it's too late to invest in bitcoin. Since the price of one coin is too high and no one knows what will happen tomorrow.
Lol, it's not too late as long as you've planned to hold bitcoin for long term, if current price at $1460, then in the next year it could be $2400 and 5 years later bitcoin price could reach $5000. At that time, you may say ; I think it's too late, I hope I have invested in bitcoin 5 years ago when its price around $1400.
hero member
Activity: 1666
Merit: 753
May 03, 2017, 01:41:50 AM
#67
Bitcoin price has outperformed every reserve and fiat currency across the world year to date, yet again. By outperforming the US dollar by over 30 percent, Bitcoin surpassed the growth of the Mexican Peso, Silver, Gold and Russian Ruble to become the best performing currency so far in 2017.

Thus far, 2017 has been a successful year for both Bitcoin investors and alternative cryptocurrency (altcoin) traders, with leading altcoins or crypto assets such as Ethereum achieving a $5 bln market cap in early April. The Bitcoin market, however, experienced some major changes in its ecosystem earlier this year. The major driving force of Bitcoin price in 2017 is suspected to be the resolution of the Bitcoin network’s current scalability problems.

The Bitcoin network’s one MB cap on block size is causing Blockchain congestion, a drastic increase in fees at times and long confirmation times. If Bitcoin scalability issues are addressed within this year, with innovative solutions such as Bitcoin Core’s Segregated Witness (SegWit), Andrew Lee’s Extension Blocks or other potential emerging solutions, Bitcoin price will most likely demonstrate an exponential mid and long-term increase.

Would you invest in BTC this year?

I definitely already did.

However it is really important that you don't get caught in the hype. Not just for bitcoin but also for anything else, really. Whether it is some sort of investment scheme, forex trading, even altcoin trading. Don't buy in when it's at the top.

Right now it is hard to tell, i've sold 50% of my bitcoins already to diversify. Can't ever be too careful.
hero member
Activity: 1274
Merit: 513
May 03, 2017, 01:21:46 AM
#66
As per my opinion, I think lending of bitcoin was one of the good investment do you make. Because from now amount of bitcoin was strongly growing up and if you have you have a lot of bitcoin on your wallet I'm pretty sure that your investment were earn income.
Right I think lending of bitcoin is also good business but you need a good plan to start it. And be careful because many people are try to do bad . Fo rthe safety I think before you give the loan to loaner you need to get first the collateral like account or altcoin and the price of collateral ks much higher to amount of loan.  If you have big capital in lending section for sure you will earn a lot of bitcoin everymonth or maybe every week. Reminder building a lending service its not easy.
legendary
Activity: 2030
Merit: 1028
May 02, 2017, 11:02:57 PM
#65
My decision to hold bitcoin as much as possible from 2 years ago are being paid today since bitcoin reach highest value , $ 1400 ++
There's no doubt that bitcoin are worth to invest at the moment, better than gold
I think it's a great investment, but people are not wrong to say that it's like investing in a startup in its early stages. There is a high risk involved

Bitcoin is unique investment so it has unique way to earn profit !
newbie
Activity: 39
Merit: 0
May 02, 2017, 10:00:45 PM
#64
I think it's a great investment, but people are not wrong to say that it's like investing in a startup in its early stages. There is a high risk involved
sr. member
Activity: 364
Merit: 250
May 02, 2017, 09:58:44 PM
#63
As per my opinion, I think lending of bitcoin was one of the good investment do you make. Because from now amount of bitcoin was strongly growing up and if you have you have a lot of bitcoin on your wallet I'm pretty sure that your investment were earn income.
Yeah your definitely right. You know i want to have my lending service here because loaning someone is a good way i think we can help others that specially their money that will get is needed more time but in the meantine they can get loans until that their money get now. Anyways i love lending
sr. member
Activity: 420
Merit: 282
May 02, 2017, 09:31:29 PM
#62
As per my opinion, I think lending of bitcoin was one of the good investment do you make. Because from now amount of bitcoin was strongly growing up and if you have you have a lot of bitcoin on your wallet I'm pretty sure that your investment were earn income.
legendary
Activity: 938
Merit: 1002
May 02, 2017, 03:18:49 PM
#61
Of course it is still the best investment. What makes you say that bitcoin wouldn't be profitable if you invest for a long run. In past most of us have got really good returns and the price did stop for a while at 1200$ but it is back to it's normal form and growing again like it did in past. If you feel bitcoin isn't really good for you then go invest in banks which give you 5% return per year.
Bitcoin could be a good investment but altcoins are also profitable since it can increase its value hugely specially if an altcoin has a huge potential of getting demand through getting many investors. However, it's in investor's hand what to choose. Both if them are good and worth it to invest in as crypto currency is becoming more popular.
If you look at the difference between the market values of the different cryptocurrencies you will realize that bitcoin is on top of them, in both value and investment increase, the price change between 2016 and early 2017 is huge, and even now in a couple of days it went up by nearly $300, so this makes it not only the best cryptocurrency to invest in but also the best type of investment out there now.
sr. member
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
May 02, 2017, 02:08:07 AM
#60
Of course it is still the best investment. What makes you say that bitcoin wouldn't be profitable if you invest for a long run. In past most of us have got really good returns and the price did stop for a while at 1200$ but it is back to it's normal form and growing again like it did in past. If you feel bitcoin isn't really good for you then go invest in banks which give you 5% return per year.
Bitcoin could be a good investment but altcoins are also profitable since it can increase its value hugely specially if an altcoin has a huge potential of getting demand through getting many investors. However, it's in investor's hand what to choose. Both if them are good and worth it to invest in as crypto currency is becoming more popular.
hero member
Activity: 826
Merit: 1004
May 02, 2017, 01:36:23 AM
#59
Of course it is still the best investment. What makes you say that bitcoin wouldn't be profitable if you invest for a long run. In past most of us have got really good returns and the price did stop for a while at 1200$ but it is back to it's normal form and growing again like it did in past. If you feel bitcoin isn't really good for you then go invest in banks which give you 5% return per year.
sr. member
Activity: 423
Merit: 251
May 01, 2017, 07:42:24 PM
#58
Yeah right bitcoin the best place for investment in 2017 because until now the price has reached 1465 $ my prediction that could exceed from 1500 $ hence from that lucky you who few months ago buy bitcoin now you can enjoy the result, that bitcoin its price Always changing, we should be able to take advantage of circumstances to take advantage
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
May 01, 2017, 05:45:00 PM
#57
I think it's too late to invest in bitcoin. Since the price of one coin is too high and no one knows what will happen tomorrow.
OMG, the oldest post in the book of whining. Don't buy a whole coin! The gain is proportional to your investment. If you put $100 into it and it goes up bu 10% you'll earn $10. If you put $1000, you earn $100, and so on.

It seems to me that the more realistic forecast of the bitcoin price will be $ 2000 by the end of 2017. Bitcoin began to grow, but it will not be able to grow so rapidly during this time, there will be small price reductions.

I think so too, it won't break $2000 this year. It can even go down a bit depending on the news.
sr. member
Activity: 518
Merit: 256
Living the truth....
May 01, 2017, 05:33:25 PM
#56
The chase for bitcoin is everywhere. Is better to be guided than to loose ones guard.

Other crypos are waiting & with potential pump in the near future just like the much talked about bitcoin did 5years ago.

I think this is the right time to invest in bitcoin instead of going for any other altcoins as there is no guarantee that altcoins will give you good profits in long term but if you save bitcoins for the right time then it can surely give you huge profits.
hero member
Activity: 2520
Merit: 624
May 01, 2017, 05:31:30 PM
#55
The chase for bitcoin is everywhere. Is better to be guided than to loose ones guard.

Other crypos are waiting & with potential pump in the near future just like the much talked about bitcoin did 5years ago.
sr. member
Activity: 322
Merit: 250
May 01, 2017, 03:45:53 PM
#54
This year it is difficult for me to predict something. I will keep some of the coins in the hope that the price will increase even more.

Price is moving in positive direction since the beginning of the year and now we can expect the same in coming months too so I think that this is still the best time to invest in bitcoins as it will give you best profits in the end of the year.
full member
Activity: 149
Merit: 100
May 01, 2017, 02:47:11 PM
#53
This year it is difficult for me to predict something. I will keep some of the coins in the hope that the price will increase even more.
legendary
Activity: 3164
Merit: 1175
May 01, 2017, 01:03:38 PM
#52
the never ending trading, thats one of those good investment for short term and for also for long term use. we cannot left aside trading from the choices because as we all known it is one of those good.

Never ending, that is true, and short or long can be profitable with bitcoin. Bitcoin is already expensive for many people, that's why many people invest small in other alts and then they are buying bitcoin again, crypto economy is growing and I think 2017 already surprised many of us with price rising of many different coins. This is far from over, and this year is not even on half, many more months are left, and I think we will see many more good things.
hero member
Activity: 910
Merit: 1000
「きみはこれ&#
May 01, 2017, 11:40:07 AM
#51
according to me the price of bitcoins would be more and more and it will not stop nearby soon.it is even predicted that the price of bitcoins would be more than 2000$ by the end of this year.well according to me the price of bitcoins would be more than 3000$ by the end of 2017.
That is not true.Those are surface analysis.The BU and Core war can change things drastically in hours.You never know how the future will be unless it is sorted for once and for all.
hero member
Activity: 490
Merit: 520
May 01, 2017, 11:31:04 AM
#50
"Trading" as recommended by most bitcoin users where thier investment will give them a hundred fold in return, and trading is the most common way , easy to earn and less risk bitcoin investment this 2017.
Yes, trading is the best investment now in 2017. You can earn profit 100% and  up of your capital. But I didn't say that bitcoin is very easy to earn because there are many traders lose their money a lot. So for me, trading is very risky because it is very unpredictable you didn't really know the exact time to buy or to sell even you compute it.

To know what is the exact time to buy or sell you need to a good research and look at the price charts and depending on that you can assume which is the right time to buy or sell and once you get older in trading it will be easy for you to predict the price movements.
You can always want to buy the perfect dip and sell at the perfect peak but it will never happen, especially when you consider something like Bitcoin and you realize that most trading signals get thrown out the window once any portion of news is published, good or bad.
Price movements can be predicted on macro trends, trying to predict anything in the span of 2 days is just a bitch and a half to try and spend time doing. I don't know if it's worth trying to predict anything for something of such a short time frame anymore.
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