Topic: Bitcoin is the most profitable investment year to date. (Read 1230 times)

Hmmm, well first off in my lifetime my best two "investments" hands down are bitcoin and semiconductors.  A decade ago I was telling everyone to buy bitcoin ( as I've stated many times, I was truly in love with it's technology, and the upside investment wise was a bonus) and to buy Nvidia and other semiconductors (mainly the Semi ETF SOXX). 

We will NEVER get another opportunity like this in our lifetimes.  This kinda sucks, but at the same time I'm glad I was able to get in pretty early.

Not all bitcoin holders can optimize their profits as we have different entry and exit points in this market. The profitability depends on your buying price as well as when will you sell it to the market.

I think you mean Bitcoin correction from $20,000 to $10,000 in 2018 from 2017 ATH, and from $10,000 it falls more to $6,000 that was considered as a solid bottom for entry, then no war but Covid-19 force Bitcoin to crash from $6,000 to about $3,000.

I experienced this market since 2017 and that means this cycle is my third one in Bitcoin market. The common mistake I saw people made is they wanted to wait for lower price, lower price and don't know what is their entry. Then they missed very good prices for entries, many times in bear market that lasts for about 2 years. Hence, when market bottomed out and started its rally, they regretted their mistake and hesitation to buy cheap bitcoin. They repeated it cycle by cycle and wasted many good chances.

From $15,000 to 2021 ATH, it's four-fold increase and ROI is very good, no reason to hesitate with $15,000 but I know many people were fearful and missed it.

I remember when Bitcoin was a $3,000 coin during a war, it dropped from $10k or $20k, I think. That was such a huge entry point, and I wish I had invested, but sadly, I was just a student at the time. I also checked the BTC that entered my wallet or the whole trading volume, and it would’ve been a huge investment if I had held onto it. Honestly, I don’t think any traditional or even digital banks with good APY could match that kind of growth.

Last year, it dipped to $15k, we invested on that price and I'm one of those people so happy seeing it hit $90k. guys, I’m telling you, it’s a banger investment of my life.

Bitcoin is the most profitable Investment when you know the methodology to invest in Bitcoin but a process whereby you don't know the process is to invest in Bitcoin I think that you will record bitcoin at the worst investment so far, people who agreed that a bitcoin is a good investment is people who has tried Bitcoin for so many times and also people who can exercise patient to understand the rules and the regulations or bitcoin before the investment, I can acknowledge the fact that bitcoin is a good kind of investment but for someone who has not invested in Bitcoin for the first time we will not know the particular strategies to apply when you come to bitcoin investment

Actually if you do really be able to zoom out then you could really be able to determine into those investments on which it will really be that not really just that basing up only with Bitcoin but also in other
investments as well on which it could really be also a good choice. It will really be basing up on how you will be able to determine or able to reconsider when it comes into this aspect. Not all will really
having that money and thats the sad part when making some potential investment on which financial capacity is really that the most common issue of most people on why they do missed out.
In between gold and Bitcoin then why people will really be making up some comparison in between two? Gold is a natural resource and Bitcoin considered to be digital gold. If you do really have that money then it will really be that up to you whether you do invest with it or not, we do know that diversification will really be always best because if ever the one investment comes down then you will really be having another one
or you do have the option to recover. The main issue on here on why other investors do really love on dealing into investment on which giving out that higher return or profits, which this is why
they do prefer bitcoin over gold because we arent that blind on not to see on how BItcoin does give out that kind of advantage when it comes to potential gains. It is really just that crypto investment or any forms of investment doesnt really give out guarantees if we do speak about profits or assurance into this aspect. So better be careful on what you are dealing into.

The chances of making a profit in bitcoin are really high if we hold it long-term, and it is already proven and tested by the majority who do this style. Whether the amount you buy in bitcoin is small or big, you will definitely get a profit in the end.

That's why many people do this because there is no hassle and headache that should be done, but they just have to wait for a few months or years depending on who holds
the bitcoin when they want to sell it.

I hope everyone stays clear on the topic -- the comparison is about asset classes, and Bitcoin represents one asset class. Within its class, it’s likely leading the crypto world, so there’s no need to include altcoins in the conversation. Bitcoin already represents the crypto space in this context, and the report’s measured value specifically focuses on Bitcoin alone. Let’s keep it on point!

Take at look at this again..

The thread is about Bitcoin growth from when it was created until date. The other cryptocurrency that you're talking about that'll outperform Bitcoin wouldn't have the lifespan of Bitcoin. Many of them are going to die before the year ends and the rest, in the next bull market we're not going to see them again. Many altcoins are being created and getting listed on top exchanges, making the early and fast investors lots of profits but after all the hype begins to fade away, the altcoins become useless and all those that couldn't sell early will lose. Don't go after quick money but end up losing the capital that you have invested. Investing in Bitcoin can still give you profit with little patience because Bitcoin isn't going to be forgotten as the other cryptocurrency that you're referring to and in some years to come, you'll be profitable too as those that invested early in Bitcoin did.

Different comparisons are used depending on the timeframe. For the OP, it’s year-to-date, and when the thread was created, Bitcoin was still at $68k. Now that it’s over $90k, it only strengthens the claim that it’s the most profitable investment this year. Just imagine what could happen next month, historically, December has always been a bullish month during past bull runs. Some experts are even predicting $100k this month, and who knows, $200k by December might just be possible. Exciting times ahead guys.. 

Gold has been around for centuries, so it is also the safest investment for now besides bitcoin. Indeed, we must have both to achieve financial freedom in old age. People love gold because gold is a valuable asset from ancient times, of course they buy gold not only for investment but also for jewelry. It must also be admitted that many people buy gold for investment because they do not understand bitcoin investment and this is usually the elderly.

However, for those of us who already know bitcoin, of course we will prioritize bitcoin over gold, because bitcoin has experienced a significant price increase in each period. Moreover, now after Donald Trump's victory, of course this will make bitcoin investment even more promising in the future.

The benefits offered by bitcoin investment are of course very tempting. Especially when the price of Bitcoin shows very good performance like it is now. However, although Bitcoin investment offers tempting profits, it is undeniable that it also has a high risk. However, this is commensurate with the potential for great profits compared to gold and other investments. In addition, Bitcoin is one of the most famous crypto assets, it has recorded a very drastic price spike, so it is not surprising that Bitcoin is recorded as the most profitable investment this year compared to other investments.

Bitcoin needs a long-term investment to realize a good profit but there are some investments that can outmatch the profitability of Bitcoin in just some weeks or months, all it needs is the right timing on investment and selling.  I am saying this in reference to the current percentage growth of Bitcoin and not the price of Bitcoin from the beginning to date.

I believe it is much better to say that Bitcoin is the safest cryptocurrency investment since Bitcoin has solid liquidity, a very secure network, and is recognized by many countries.  I also think that there will be much argument whether Bitcoin is the most profitable investment since we all know that there are other cryptocurrencies that can give much higher percentage yield than Bitcoin does in the current time.

Only an overly enthusiastic bitcoiner can sound like this, not a mature investor. Your words are very loud, but often, there is little common sense in loud words. It is impossible to say for sure which investment will be profitable, and even more so, the most profitable. And I will not even mention statements about the "safest investment". For bitcoin, even $100K is already a good price, $1,000K is "sky-high" at the moment. But I can agree that even this level can be reached one day. But not as soon as enthusiastic BTC-investors like you expect. There is just one nuance. By the time 1 BTC costs $1,000K, the significance (value) of such millionaires will be much less than now. Even now, being a millionaire is not nearly as prestigious as it was in the 90s (thanks to inflation). The only thing I agree with you 100% on is that no investment type is like bitcoin. Bitcoin is something completely unique, but definitely not perfect. Bitcoin should not be "worshipped" or "idolized" too much.

The truth is when something becomes too real it doesn't have any hidden place, even though some people are still skeptical about it which is not stopping it from making it's success, Bitcoin has proven to be among the best if not the best kind of investment when it comes to world class digital asset, indeed it  is better to be part of it's success than regret later on, just as those that has the opportunity to do earlier, the bitter truth is that most people lack patient since the investment requires more of it as regards to profitablity based on the quantity one have and how long we are able to hold.

Bitcoin will always be the most profitable investment, no matter what, it will always be like that, bitcoin may go up or down in price, but it is the safest investment, many trust that bitcoin can reach a good price in the future, I'm talking about $1M, it's not impossible, it is possible , those who have saved just a little bit will be able to enjoy its benefits, and a person who has 1 BTC will be a born millionaire, so yes, it is the best investment in the world and it is the most profitable, so far no type of investment is similar to Bitcoin, I don't know of another that is still holding up.

Not a surprise, we went out of a bear market, into a halving market, so of course we would go up, in addition we had ETF approved for the first time, and tens of billions of dollars going into bitcoin as well, so when you combine all of these together, it's a fine increase that we would get.

I believe the better we do the higher we will go and 2025 should be the peak, we should be getting the bull run and the all time high should be set to a new level as well. I am not saying that will happen like I know the future, nobody can see the future, I am just saying that is the expectation for the future based on the four year cycle and looking at how we have been going lately, this wouldn't really be an unexpected thing neither.

We just need to put out some good amount of investment, we need to keep accumulating and holding, if we can do that then when the time comes and we reach the peak, we would be ready and have some money as well, would be lovely.

Bitcoin hit $75k4 as news of Trump's victory spread and then peaked at $76k4 after Harris spoke and conceded defeat to Trump. But right now bitcoin is trading at around $75k and I think the hype around the election is over. The next catalyst or impact on the market will be the Fed interest rate announcement today, if they continue to lower interest rates we can see expectations for bitcoin price to continue to rise and break ATH. But if they suddenly stop cutting rates because of inflation concerns, I don't think Trump's hype will save us from dumping.

The economic situation is still a more important factor in determining the trend of bitcoin than Trump or any current president. I believe whether we reach the $80k target will depend on what the Fed decides.

Yes, what I remember at the moment is that Trump is still ahead and of course, as a BTC adopter, I want to see Trump win, but I'm sure Trump will win, so hopefully the price of BTC will quickly soar even higher. Yes, I personally wouldn't be surprised if the BTC price soared this week, and the BTC price could become the highest price of all time.

Currently the price of BTC is very good and in a market I saw the highest price of BTC $76,400 and of course this shows that BTC is trying to rise even higher. Yes, for those who bought BTC at a low price, of course they are currently happy because if they sell it now they will definitely make a profit. but yes, there are certainly quite a few people who still hold BTC to this day, including me, and of course many people now believe that BTC will reach a price of $80k (the highest price of all time).

But of course there are definitely people who sold BTC at low prices before there was an increase caused by the American presidential election, so there will definitely be those who regret it because they see the current price has gone up. Yes, hopefully BTC will quickly rise to $80k and continue to $100k.
Yes, it has now been proven that investing in BTC is still profitable and of course I am sure that in the future BTC will definitely be a profitable investment asset.

Two have their agendas - and two would do something that wouldn't align with their promises during their appropriate campaigns    That's my opinion, of course, but they are politicians - and that's their work to push their narratives and change them in the midst of it all.

Because you said this, let me tell you a fact that Bitcoin market cycle starts with its block subsidy halving which is set up to happen every 210,000 blocks ~ 4 years. Bitcoin halving years are set up to happen in years with USA Presidential Elections, so if you know Bitcoin history, you'll know that Bitcoin bull run will make its new ATH 1 year after a halving, also 1 year after a Presidential Election in the USA.

Not true.

Trump is pro-Bitcoin, at least recent months.
Biden - Harris are anti-Bitcoin.

Trump is anti-CBDC.
Biden - Harris are pro-CBDC.