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Topic: Bitcoin is the most profitable investment year to date. - page 2. (Read 1254 times)

copper member
Activity: 168
Merit: 4
None of the candidates is anti-Bitcoin, only that people take things too far even as Trump will do nothing impressive for the crypto market, he is just using it to gain support.
Not true.

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

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

Two have their agendas - and two would do something that wouldn't align with their promises during their appropriate campaigns  Grin  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.
full member
Activity: 420
Merit: 120
Bitcoin is destined to rise during and after the US election, it has always been like that regardless of who wins.
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.

Quote
None of the candidates is anti-Bitcoin, only that people take things too far even as Trump will do nothing impressive for the crypto market, he is just using it to gain support.
Not true.

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

Trump is anti-CBDC.
Biden - Harris are pro-CBDC.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
Especially now that Trump is likely to win the election, Bitcoin seems to be turning bullish. I wouldn't be surprised if a new all-time high is reached this week. Those who bought during the dip are probably seeing quick profits now, and I bet they won't sell yet. Even with profits locked in, they'll likely hold because if Bitcoin pumps, it could hit $80k or even more.

Quote
Bitcoin could hit $80-90K if Trump wins
https://cointelegraph.com/news/bitcoin-price-predictions-us-election-finishline
Bitcoin is destined to rise during and after the US election, it has always been like that regardless of who wins. None of the candidates is anti-Bitcoin, only that people take things too far even as Trump will do nothing impressive for the crypto market, he is just using it to gain support. The natural Bitcoin market sentiment of the US election will continue to prevail and my charts and Bitcoin history will always be my guide to serve me right, even when none of the past candidates in the past US elections talked about crypto in their manifestos, Bitcoin and others often rise, don't you think that is a cycle rather than the praises showering on Trump just for mentioning crypto this time?

And yes, $80k, here we come. Smiley
hero member
Activity: 1498
Merit: 802
Leading Crypto Sports Betting & Casino Platform
With that information we see above, it shows that Bitcoin has had a very positive year, and the year isn’t even over yet. If it hits a new ATH by the end of the year, that percentage of profit will increase significantly. We should definitely believe in investing in Bitcoin since it's backed by data.

If there are people we want to convince to invest but who are still doubtful, we can point them to this thread. They can ask questions, and we’re ready to share facts with them.
This is a unique fact that bitcoin is indeed the best investment slowly showing a very positive value and bitcoin is also a smart move if people can use the investment to generate financial freedom. Historically bitcoin describes the appropriate data that occurs without manipulating so that smart people can see the history as a guideline in reviewing the journey of bitcoin. But not everyone sees the potential because they are too worried about the site or the journey of bitcoin which is very speculative.

There is no need to convince anyone to get involved in bitcoin because smart people will find out the right source as a basic reference for them to get involved in investment. I am sure that the journey of bitcoin will be increasingly sought after and there will be a lot of adoption for the period after the next ATH takes place because people see more convincing facts.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
Especially now that Trump is likely to win the election, Bitcoin seems to be turning bullish. I wouldn't be surprised if a new all-time high is reached this week. Those who bought during the dip are probably seeing quick profits now, and I bet they won't sell yet. Even with profits locked in, they'll likely hold because if Bitcoin pumps, it could hit $80k or even more.

Quote
Bitcoin could hit $80-90K if Trump wins
https://cointelegraph.com/news/bitcoin-price-predictions-us-election-finishline
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
No doubt that Bitcoin is a very good asset and has moved excellently well in 2024 and even recorded a new ATH but I don't support misrepresentation and lies, the facts are all before us. This is why I do not regard those unfounded groups/websites whose integrity is not even known, perhaps the leaders could be some bigots, who knows?

If it's on the angle of ROI, where are SOL, PEPE, FLOKI and many of them? And if it's an impressive rise on milestone remarks, where do they put Gold that has continued to record new ATH monthly for many months now?

I don't blame him, he is probably a maximalist and they don't see anything good aside from Bitcoin but I can tell there are many other coins that has had an impressive growth so far since January 2024 but been that Bitcoin has been here for long and it's a reference for f investment of crypto to outside investments is why they always says Bitcoin is the biggest in their opinion but when you look deeper than the surface, there are plenty of projects that has done 5 times what Bitcoin has done in term of ROI

Some blogs and websites write things just for click baits, they know and understand what the audience need and they gave them what they want and that's very wrong because it's misleading. I will pick Bitcoin before any coin but that doesn't mean I will be blind when I see the truth, Bitcoin isn't a political argument where you can lie your out.

hero member
Activity: 952
Merit: 541
Indeed bitcoin is a good investment, but let us not forget that putting all your apples in one basket is not a good idea. It is better to learn about possible investment options before stepping in to put money here and there. Pros and cons exist in every sector and even though on this forum the bitcoin investment might sound like an echochamber, outside the forum you will not find it to be so.
If the basket is all Bitcoin, wouldn't that be a good idea too? I see Bitcoin as having great potential in the future because of its status as the world's largest Cryptocurrency and has attracted the attention of millions of people around the world, they have used it as an investment asset and also a means of payment. Investor interest is increasing as the years go by, making Bitcoin more widely distributed and indirectly increasing its price.

If we look at the history of Bitcoin prices when it first appeared, its value was very low, but after its popularity soared, Bitcoin was able to reach a new ATH at a price of $68,789 in 2021. The year 2024 began with the approval of Bitcoin ETF by the SEC, the price of Bitcoin had dropped to $40,000. However, Bitcoin rose and broke through the price of $67,909 as traded today. Maybe the phrase "don't put all your eggs in one basket" only applies to Altcoins, but not to Bitcoin.
newbie
Activity: 304
Merit: 0
With that information we see above, it shows that Bitcoin has had a very positive year, and the year isn’t even over yet. If it hits a new ATH by the end of the year, that percentage of profit will increase significantly. We should definitely believe in investing in Bitcoin since it's backed by data.

If there are people we want to convince to invest but who are still doubtful, we can point them to this thread. They can ask questions, and we’re ready to share facts with them.
Investment is more than 1 year and I would like to look further than in 2024, that is a bullish year for Bitcoin market.

The ROI Chart https://casebitcoin.com/charts#roi_chart with 10 years time frame can help newbies to see how good Bitcoin performance is in last 10 years.
Yearly candles chart can help to have a good overview too https://charts.bitbo.io/yearly-candles/. Despite of red and bearish years, Bitcoin trend over years is up.
https://curvo.eu/backtest/en/market-index/bitcoin?currency=usd

Focusing on one year will be very headache because we will limit our time line with only 1 year that will be mix of ups and downs and our decision will affected by ups and downs of market within 1 year.

bitcoin price movements are very mysterious, difficult to predict by everyone, but they can rely on their beliefs to invest in bitcoin which is based on sophisticated bitcoin development and technology, as you said if we buy bitcoin in early 2024 then it will generate huge profits, especially if you are smart in managing your assets so that you can generate profits every day ..

but in my opinion investing in bitcoin is good in the long term as future savings, why do I say that because in my opinion bitcoin is the same as gold which many people like to save their money, it's just that bitcoin is a digital currency and gold can be used as jewelry for everyone.
legendary
Activity: 1554
Merit: 1139
Bitcoin is not only one of the most profitable investments. It's the most profitable given the risk. It has the lowest risk:reward ratio, and that's why we all keep bragging on how neatly it serves as a store-of-value. People should put their money on what gives the highest return, with the lowest risk. There's no better option than assets with no counterparty risk, like Bitcoin.
I am totally agree with you that there are no option that give us a healthy return except bitcoin yet. We have run many days with btc from where btc was nothing now it is the wealth and asset for the crypto community. Not only this community bit also its getting more popular to the world.
I am pro-Bitcoin not cryptocurrency but Bitcoin and even then, I don’t think it’s the most profitable there is.
Don’t forget, Elon bought tweeter and had his asset depreciated greatly and in just a month, he was heavily in profit. I wouldn’t want to go into facts or details but, you could research on that and find out just how much profit he got in a month. It didn’t end there but, he’s sure to make profits over a couple of months with no significant fluctuation as we have in Bitcoin.
There isn’t any pump and dump here, just profit and loss so think again. Bitcoin is quite profitable but, I don’t think it’s the most, I don’t agree.
legendary
Activity: 1064
Merit: 1228
Playgram - The Telegram Casino
-snip-
This is literally Bitcoins year! It’s such an exciting time to have been on this forum for quite a while now and following since 2017 for me pretty much. Although I did have initial introductions to Bitcoin very early on but largely it went over my head several times before I finally started paying attention. I wish I had seen it sooner of course! I feel like there is just a point when a person figures out how to flip this switch in their head on bitcoin where one day everything clicks and it just makes sense that it is one of the most valuable non renewable resources in our world.
The growth in the value of bitcoin in a one year time frame is impressive - the percentage is almost 100%. If in the last year someone had 1 bitcoin - then by now they would have collected more than 97% returns, not to mention if they entered at a lower price. But whatever it is - they don't need to regret their past perhaps not realizing about the potential of bitcoin - I mean, they can still buy bitcoin today and make it a long-term investment.

Bitcoin will continue to gain support and its popularity will spread further. A good future can be expected although there is a possibility that the annual percentage return will decrease over time. I admit bitcoin is still the best investment asset in the industry - there's no denying that.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
Quote
According to the latest report from New York Digital Investment Group (NYDIG), Bitcoin continues to stand out as the best-performing asset in 2024. Additionally, Q4 is expected to remain positive for Bitcoin’s price, despite facing various challenges.
https://beincrypto.com/bitcoin-best-performing-asset-2024/

With that information we see above, it shows that Bitcoin has had a very positive year, and the year isn’t even over yet.
No doubt that Bitcoin is a very good asset and has moved excellently well in 2024 and even recorded a new ATH but I don't support misrepresentation and lies, the facts are all before us. This is why I do not regard those unfounded groups/websites whose integrity is not even known, perhaps the leaders could be some bigots, who knows?

If it's on the angle of ROI, where are SOL, PEPE, FLOKI and many of them? And if it's an impressive rise on milestone remarks, where do they put Gold that has continued to record new ATH monthly for many months now?
hero member
Activity: 1344
Merit: 583


Quote
According to the latest report from New York Digital Investment Group (NYDIG), Bitcoin continues to stand out as the best-performing asset in 2024. Additionally, Q4 is expected to remain positive for Bitcoin’s price, despite facing various challenges.
https://beincrypto.com/bitcoin-best-performing-asset-2024/

With that information we see above, it shows that Bitcoin has had a very positive year, and the year isn’t even over yet. If it hits a new ATH by the end of the year, that percentage of profit will increase significantly. We should definitely believe in investing in Bitcoin since it's backed by data.

If there are people we want to convince to invest but who are still doubtful, we can point them to this thread. They can ask questions, and we’re ready to share facts with them.

This is literally Bitcoins year! It’s such an exciting time to have been on this forum for quite a while now and following since 2017 for me pretty much. Although I did have initial introductions to Bitcoin very early on but largely it went over my head several times before I finally started paying attention. I wish I had seen it sooner of course! I feel like there is just a point when a person figures out how to flip this switch in their head on bitcoin where one day everything clicks and it just makes sense that it is one of the most valuable non renewable resources in our world.
full member
Activity: 1292
Merit: 101
Vave.com
Bitcoin is not only one of the most profitable investments. It's the most profitable given the risk. It has the lowest risk:reward ratio, and that's why we all keep bragging on how neatly it serves as a store-of-value. People should put their money on what gives the highest return, with the lowest risk. There's no better option than assets with no counterparty risk, like Bitcoin.
I am totally agree with you that there are no option that give us a healthy return except bitcoin yet. We have run many days with btc from where btc was nothing now it is the wealth and asset for the crypto community. Not only this community bit also its getting more popular to the world. If we think about gain so far there are nothing to this world can compete with btc. This is high return from any other investment. Now the thing is that how much we still believe it. We need to be more patient and hold our nerve after investing on btc. Surely it will be given us expected reward. So it can be easily said btc is the most profitable investment year to end so far.
?
Activity: -
Merit: -
At least when it comes to this market I doubt there is a single coin out there that was at any point more successful than bitcoin, since bitcoin went from being worth zero to its current market cap, and even if it is true that number is exaggerated, as exchanges are just multiplying the current price and the number of coins ever mined, the same is true for the rest of the coins on the market, and since there is no coin that has surpassed the market cap of bitcoin, then it is relatively safe to say that there has never been any altcoin that did better than bitcoin.
Well, I wouldn't be so sure about Bitcoin becoming the only coin with the largest capitalization. It's not time yet. Years will pass and then we can say this with confidence, if it remains so. After all, technologies do not stand still and they are constantly evolving. Why am I saying this? It is possible that in the near future a project will appear that will surpass the "first" coin in parameters and functionality.

Only if the big fellas up above will have more skin into another coin aside of BTC that event can happen.
And for now, there are no candidates for such a case, because nobody made a breakthrough of such kind.
hero member
Activity: 1148
Merit: 576
At least when it comes to this market I doubt there is a single coin out there that was at any point more successful than bitcoin, since bitcoin went from being worth zero to its current market cap, and even if it is true that number is exaggerated, as exchanges are just multiplying the current price and the number of coins ever mined, the same is true for the rest of the coins on the market, and since there is no coin that has surpassed the market cap of bitcoin, then it is relatively safe to say that there has never been any altcoin that did better than bitcoin.
Well, I wouldn't be so sure about Bitcoin becoming the only coin with the largest capitalization. It's not time yet. Years will pass and then we can say this with confidence, if it remains so. After all, technologies do not stand still and they are constantly evolving. Why am I saying this? It is possible that in the near future a project will appear that will surpass the "first" coin in parameters and functionality.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
I'm not a fan of gold, but from what I've observed, most people really like gold. Just talk about a necklace, watch or some other gold thing that people go crazy wanting to have, and the rich love to have gold bars in their vaults. As if they were preparing for some kind of global economic crisis. So I see that gold will remain attractive for many years to come, and as the years go by, gold will become more valuable. Just like bitcoin, as the next few years go by, bitcoin will become more valuable, which is why buying bitcoin and gold now and hodling them for many years is a good idea.
The older people like gold because they are familiar with it, but the younger people or who are now in middle ages are more keen on Bitcoin. They are younger and can learn new things more easily and comfortably than the elderly.

Bitcoin is risky, volatile asset but in ROI, it is the best and surely better than Gold. ROIs for Bitcoin, gold and traditional assets can convince middle-aged and young people to invest their money in Bitcoin.

The ROI table https://casebitcoin.com/
If you need a chart, ROI chart https://casebitcoin.com/charts#roi_chart

Comparison on Bitcoin and gold in some attributes.
The bullish case for Bitcoin.

We are talking about the best return asset so obviously bitcoin will be the winner because bitcoin is very new and has a small market cap so it is normal that it has a huge growth potential. But that comes with risk and volatility, while gold is a millennial asset with a market capitalization of nearly $20 trillion. 10 times more than bitcoin, so it can be said that gold is almost saturated in terms of growth, but in return it is more stable and safer than bitcoin .
In fact, comparing these two types of assets is quite lame and it is impossible to say which type of asset is better, it all depends on each person's choice and preference. Because each type has its own advantages and disadvantages .

Personally , I think there is no need to be proud of bitcoin being the highest yielding asset because there will come a time when bitcoin is like gold, the growth rate will slow down when it is large enough and there will be a new asset with superior performance .  It's the law and it's just a matter of time.
sr. member
Activity: 966
Merit: 306
I'm not a fan of gold, but from what I've observed, most people really like gold. Just talk about a necklace, watch or some other gold thing that people go crazy wanting to have, and the rich love to have gold bars in their vaults. As if they were preparing for some kind of global economic crisis. So I see that gold will remain attractive for many years to come, and as the years go by, gold will become more valuable. Just like bitcoin, as the next few years go by, bitcoin will become more valuable, which is why buying bitcoin and gold now and hodling them for many years is a good idea.
The older people like gold because they are familiar with it, but the younger people or who are now in middle ages are more keen on Bitcoin. They are younger and can learn new things more easily and comfortably than the elderly.

Bitcoin is risky, volatile asset but in ROI, it is the best and surely better than Gold. ROIs for Bitcoin, gold and traditional assets can convince middle-aged and young people to invest their money in Bitcoin.

The ROI table https://casebitcoin.com/
If you need a chart, ROI chart https://casebitcoin.com/charts#roi_chart

Comparison on Bitcoin and gold in some attributes.
The bullish case for Bitcoin.
sr. member
Activity: 588
Merit: 269
I'm not a fan of gold, but from what I've observed, most people really like gold. Just talk about a necklace, watch or some other gold thing that people go crazy wanting to have, and the rich love to have gold bars in their vaults. As if they were preparing for some kind of global economic crisis. So I see that gold will remain attractive for many years to come, and as the years go by, gold will become more valuable. Just like bitcoin, as the next few years go by, bitcoin will become more valuable, which is why buying bitcoin and gold now and hodling them for many years is a good idea.

The economic system of a country is driven by the resources and power of government, they're incharge and controlling things doesn't seem to be an issue for them. The government have in possessed power to utter Gold and Bitcoin but some keeps deaf ears while some trigger the best part. Comparing Gold to Bitcoin is not measurable because Gold have been in existence long enough before Bitcoin was initiated into the real world and we know how that story line play down. Giving them longterm, they will survived because the world is changing, transforming into the modern age where everything becomes important, always producing new development and projects to the universe.
hero member
Activity: 3038
Merit: 634
I'm not a fan of gold, but from what I've observed, most people really like gold. Just talk about a necklace, watch or some other gold thing that people go crazy wanting to have, and the rich love to have gold bars in their vaults.
The significance of it being there since ancient times makes it valuable and that has been passed on to ages up to this present time. Also, that's common knowledge about gold, every country has got 'gold reserve' and that's why they all like it.

It's the most known asset globally and soon, when the years pass by we'll see people talk about having 'bitcoin reserve' and this is the new standard, the digital gold that everyone is talking about.

Everyone will learn its history and just as how they've been interested with gold, they'll all be interested with it as well.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
Agree, but I don't think GOLD will hold up that much longer.

I'm not a fan of gold, but from what I've observed, most people really like gold. Just talk about a necklace, watch or some other gold thing that people go crazy wanting to have, and the rich love to have gold bars in their vaults. As if they were preparing for some kind of global economic crisis. So I see that gold will remain attractive for many years to come, and as the years go by, gold will become more valuable. Just like bitcoin, as the next few years go by, bitcoin will become more valuable, which is why buying bitcoin and gold now and hodling them for many years is a good idea.
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