Topic: Bitcoin is the most profitable investment year to date. - page 2. (Read 1511 times)

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.

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.

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.

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.

https://cointelegraph.com/news/bitcoin-price-predictions-us-election-finishline

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.

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.

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.