Bitcoin is the most profitable investment year to date. - page 3.

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Quote from: sarmrakib on November 04, 2024, 08:03:51 AM

Quote from: BlackHatCoiner on November 03, 2024, 11:59:41 AM

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.

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Quote from: tread93 on November 04, 2024, 03:05:12 PM

Quote from: stadus on October 27, 2024, 02:51:11 AM

-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.

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Quote from: stadus on October 27, 2024, 02:51:11 AM

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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?

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Quote from: stadus on October 27, 2024, 02:51:11 AM

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.

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Quote from: BlackHatCoiner on November 03, 2024, 11:59:41 AM

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.

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Quote from: fruktik on November 04, 2024, 04:52:40 AM

Quote from: South Park on October 31, 2024, 05:31:44 PM

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.

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Quote from: South Park on October 31, 2024, 05:31:44 PM

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.

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Quote from: MusaMohamed on November 03, 2024, 10:21:29 PM

Quote from: Slow death on November 03, 2024, 01:38:16 PM

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.

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Quote from: Slow death on November 03, 2024, 01:38:16 PM

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.

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Quote from: Slow death on November 03, 2024, 01:38:16 PM

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.

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Quote from: Slow death on November 03, 2024, 01:38:16 PM

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.

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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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Quote from: Webetcoins on November 03, 2024, 12:08:01 PM

Trump likes it and shared about it, and some people who are trump supporters also shared about it, and because of that some leftists are not interested in bitcoin and think it's a right wing thing.

Who can think such bullshit, if anyone is not interested in BTC for this reason, then it is safe to say that they were never going to be interested in it and they are only looking for an excuse to back up their ideas. BTC is not for anyone, but everyone, and it will only take a few seconds for anyone to find out about that.

There are a lot of info about BTC on the internet and people who are truly interested would seek out such materials and understand BTC better, rather than make it a political thing.

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Quote from: Reatim on November 03, 2024, 03:52:49 AM

Quote from: Catenaccio on November 02, 2024, 03:12:39 AM

Let them be and if they refuse to join this market, it's their decision that will make them possibly regret in future. Just possibly because some people will never regret because they did not invest money in Bitcoin.

We should accept that we will never be able to convince everyone and that is okay. What is not okay to me is if someone refuses to use or buy bitcoin because of misinformation. If someone raises genuinely valid concerns then we can consider it and have a mature conversation.

But some are simply too close minded and they do not want to hear anyone else. They have already believed in something and would refuse to be corrected. This is what really annoys me.

That is what I faced many times as well, specially from people in the USA, and this is why I do not like it when politicians talk about bitcoin, it scares off new people. Trump likes it and shared about it, and some people who are trump supporters also shared about it, and because of that some leftists are not interested in bitcoin and think it's a right wing thing.

In reality, that is not the case and I believe we are not going to see any politician being helpful, because while their supporters will be interested, opponents will not be and that is why it sucks. In any case, when new people wants to join, it's easy to help them, when they decide to stay away, I can't be bothered to convince them, it's not my job to educate them.

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Farewell, Leo

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.

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Quote from: DeathAngel on November 03, 2024, 09:20:50 AM

The gains since the first block are huge, nobody could have foreseen what bitcoin would become.

People have a lot of time and many years to take opportunities and be rich with Bitcoin investment. If they did, congratulate them for good profit. If they did not, they only can blame on their over hesitation and bad decision. Chances are free to grab and they lacked of bravery to take these opportunities. It's never late to join Bitcoin market, and if now they're regretful on their bad decisions in the past, they can take action, correct past mistakes by investing in Bitcoin in this year and coming years as well.

Quote

I do think that we will see diminishing returns now though but that shouldn’t stop you buying bitcoin. It is still one of the best investments out there.

DCA from now if they deeply regret about past missed opportunities.
https://dcabtc.com/

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The gains since the first block are huge, nobody could have foreseen what bitcoin would become. I do think that we will see diminishing returns now though but that shouldn’t stop you buying bitcoin. It is still one of the best investments out there.

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Quote from: stadus on October 27, 2024, 02:51:11 AM

Graphics that show how Bitcoin Return in 2024 can help convince people who are pessimistic about Bitcoin performance in making it an investment asset.
Although gold the percentage in the graph is only 26.5% that are in sixth, making it an investment asset coincides with Bitcoin is the best thing as a reserve fund.
This is done to avoid all funds from being included in one basket. If divided into two types of assets, then when you need something can be taken from gold assets.

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Quote from: knowngunman on November 03, 2024, 05:01:22 AM

Is there even need to convince anyone? Absolutely No. Bitcoin has proven itself to be a profitable investment long before now even to the blind. I don't really think people doubt bitcoin as to whether it's profitable investment or not but they're skeptical about its reliability. Many of them see the chart and know how profitable it has been but they question how long it will take to collapse. To this end, we only need to enlighten them about risk management and not necessarily prove to them how profitable it is.

There is consideration on risk and profit for any person who are assessing Bitcoin as their investment choice.

It's hard to be blind and refuse a clear fact that Bitcoin has very good ROI since 2009. Bitcoin ROI versus Traditional assets ROI can help them to see better ROI of Bitcoin.

However people have to consider other things, risk and if they see risk is big enough that they can not afford to invest money in Bitcoin with risk of losing it, they will not add Bitcoin to their investment portfolios. Some will accept risk, see risk is smaller than profit-gained chance but others see differently.

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Quote from: stadus on October 27, 2024, 02:51:11 AM

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.

Is there even need to convince anyone? Absolutely No. Bitcoin has proven itself to be a profitable investment long before now even to the blind. I don't really think people doubt bitcoin as to whether it's profitable investment or not but they're skeptical about its reliability. Many of them see the chart and know how profitable it has been but they question how long it will take to collapse. To this end, we only need to enlighten them about risk management and not necessarily prove to them how profitable it is.

Quote from: Reatim on November 03, 2024, 03:52:49 AM

But some are simply too close minded and they do not want to hear anyone else. They have already believed in something and would refuse to be corrected. This is what really annoys me.

Some people are just like that, they believe in first information they receive whether it is a fabrication or a fact they don't care. To be able to convince such people depends on how you hold a conversation with them. If you emphasize on arguments, they will consider you as opposition and will never listen. You have to make them believe they're also right in some perspective and they follow up with a proven fact that shows their own point is outdated or irrelevant. It is also good to let go if they persist.

Topic: Bitcoin is the most profitable investment year to date. - page 3. (Read 1511 times)