Bitcoin is the most profitable investment year to date. - page 4.

Cookdata

hero member

Activity: 1106

Merit: 912

Not Your Keys, Not Your Bitcoin

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

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.

Bitcoin remains the best investment but there should be more explanation so people would not hold you responsible. What am I saying? The whole of early late 2021 to late 2022, Bitcoin wasn't in good plays a lot of people made losses but today it's back again and it's almost trying to beat the previous all time as I'm speaking. Bitcoin is the best but it has its own ups and down and people need to know it, so they take your words and buy and when things fall apart, they rush to sell because they don't are not aware how the market work.

The Bitcoin market seems to be having some momentum and I'm not sure yet if this is election effect or fomo, the way the market is moving is just off but whatever the reason is, I hope it's stays above all time high so we can move away from this price range we have been for many months, since we bull runrefused to come, let's take Bitcoin to go and meet bull run.

DaNNy001

hero member

Activity: 644

Merit: 520

Leading Crypto Sports Betting & Casino Platform

Quote from: Franctoshi on October 29, 2024, 01:20:24 PM

Quote from: Z-tight on October 29, 2024, 12:18:18 PM

Quote from: fikrett on October 29, 2024, 07:05:12 AM

People already pushed it to 71k, but I highly doubt it going to 100k by the end of the year.
Let the market prove me wrong Grin

$72k as i type this and it looks like it is going to continue pumping rather than dump, but we know how quickly things can change due to how volatile BTC is. $100k by the end of the year may not happen, except we see an unstoppable pump in the last two months of this year, however if it doesn't happen this year, it will next year and even go higher than that. I am sure weak hands have started fomo buying right now, lol.

There's nothing impossible, Remember if we break above the ATH resistance @73.8k, we automatically entered into a zone of new price discovery where things can move faster.

Historically, Bitcoin has shown a remarkable growth from 2009 down here, and no doubt best performing asset when in comparison with other investment assets class within this time horizons.

I don't know if you have the records mate , with Bitcoin nothing is impossible like you have stated which I also believe a 100k mark from now till the year is still widely possible because when the price turn green it doesn't wait for no one as it skyrocket within a couple of weeks and before you know it a 100k mark is achieve. Before now I think people were actually having doubt about the famous month of October being a green month because the price was struggling at the initial but within some days we have that thought go otherwise again so definitely Bitcoin can still achieve that mark.

Franctoshi

hero member

Activity: 966

Merit: 588

Quote from: Z-tight on October 29, 2024, 12:18:18 PM

Quote from: fikrett on October 29, 2024, 07:05:12 AM

People already pushed it to 71k, but I highly doubt it going to 100k by the end of the year.
Let the market prove me wrong Grin

$72k as i type this and it looks like it is going to continue pumping rather than dump, but we know how quickly things can change due to how volatile BTC is. $100k by the end of the year may not happen, except we see an unstoppable pump in the last two months of this year, however if it doesn't happen this year, it will next year and even go higher than that. I am sure weak hands have started fomo buying right now, lol.

There's nothing totally impossible as regards to Bitcoin price increase , Remember if we break above the ATH resistance @73.8k, we automatically entered into a zone of new price discovery where things can move faster.

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

Historically, Bitcoin has shown a remarkable growth from 2009 down here, and no doubt best performing asset when in comparison with other investment assets class within this time horizons.

Z-tight

hero member

Activity: 994

Merit: 1089

Quote from: fikrett on October 29, 2024, 07:05:12 AM

People already pushed it to 71k, but I highly doubt it going to 100k by the end of the year.
Let the market prove me wrong Grin

$72k as i type this and it looks like it is going to continue pumping rather than dump, but we know how quickly things can change due to how volatile BTC is. $100k by the end of the year may not happen, except we see an unstoppable pump in the last two months of this year, however if it doesn't happen this year, it will next year and even go higher than that. I am sure weak hands have started fomo buying right now, lol.

Dzwaafu11

sr. member

Activity: 672

Merit: 353

Quote from: Iranus on October 27, 2024, 03:56:47 AM

I believe everyone knows this because it is so obvious but the problem is that not all investors consider profit as their top priority. Bitcoin is the most profitable investment but its volatility and risk are also the greatest. The higher the profit, the greater the risk and vice versa. Meanwhile, investors' tastes are different, some like safety, real assets, stability...so it all depends on each investor's choice.

Exactly. Every investor has their own choice of where they will invest. Many investors don’t have the mind to take the risk in crypto investment. Even bitcoin, which we claim has less risk compared to those shitcoins, many investors don’t have the mind to invest in it. Many of them prefer to invest in physical assets that they will see at a given time and they can sell at anytime they wish.

Quote from: Iranus on October 27, 2024, 03:56:47 AM

We don't need to force anyone to invest in bitcoin just because it gives the best returns or criticize someone for ignoring it when returns are not their top priority.

Sure. You can’t force or even advise anyone to invest in bitcoin because of how volatile it is, and if anything happens to their money, you will be the one to blame. The best thing is to teach someone how to invest, let them know the risk, and do any other thing that is necessary before they can invest.

Poker Player

legendary

Activity: 1372

Merit: 2017

Quote from: Russlenat on October 29, 2024, 01:10:12 AM

Your reply would be relevant if we were discussing stocks. However, if you look at the chart, it’s a list of asset classes, and Bitcoin is one of them. So, you can’t directly compare the list of asset classes to stocks. If you want to see how MSTR ranks, it should be compared with other stocks on that list.

As I said in the previous post, what they have done is a selection, and in that selection there is a bias. If not, explain to me why there is no “stocks” category and there is the Nasdaq Composite. Besides, I don't understand why there are so many subdivisions in the “equities” category, which has 16 subdivisions. If we were talking about asset classes as you say, they should put the asset class “stocks”, the asset class “equities” and the asset class “cryptocurrencies” which I know we are maximalists here but it is the asset class in which bitcoin is integrated.

The thread title is:

Quote

Bitcoin is the most profitable investment year to date.

And so it is not that my answer is relevant but that it is the only true one because MSTR is the best investment of 2024 but by far (242% vs 49% for the second best investment).

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: ? on October 28, 2024, 10:40:56 AM

In all sincerity, I pity people who still have doubts about bitcoin
Bitcoin has proven itself over and over again
~snip~

Personally, I think that you shouldn't spend your emotions on something like that, because Bitcoin is a cryptocurrency, and everyone has the right to choose how and with what they want to do their transactions or what they will invest in. I'm not saying that you shouldn't challenge the baseless lies that people tell about BTC, but any discussion about what someone will do with their money is completely unnecessary - after all, why would someone give financial advice if they are not a financial advisor?

Olatundespo

member

Activity: 132

Merit: 50

Quote from: betswift on October 29, 2024, 07:12:05 AM

Quote from: Minor Miner on October 29, 2024, 03:29:27 AM

Quote from: Z-tight on October 29, 2024, 12:30:04 AM

I hardly recommend BTC to people, for obvious reasons and even if i want to talk about BTC with non bitcoiners, it is never from the perspective of making money, rather for how the network is decentralized and censorship resistant.

But would people be interested in bitcoin if you didn't talk about profits and just focused on its other use cases? Because frankly, we are also attracted to bitcoin because of its volatility and the huge returns it brings rather than other use cases. Everyone is just like us, I don't think anyone is only interested in decentralization and ignores the profits it can create. Moreover, nowadays bitcoin is mainly used as an investment, when it comes to bitcoin, people often associate it with an asset to invest in. So it would be remiss of us to introduce bitcoin to everyone without mentioning the investment aspect.

If a person doesn't know more about BTC - it's their loss.
They will regret going into the space this way because they wouldn't be able to answer many questions arising in the process.

People can get much more than they expect by being ahead of the Bitcoin journey. Investors on the journey to $100k should aim higher and tend to accumulate more.

Rockstarguy

hero member

Activity: 1050

Merit: 592

God is great

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.

I think bitcoin have so much grown beyond the value whereby people needs to convince others to invest in bitcoin. The value of bitcoin is very visible and clear for people to see how profitable it is if research should be done.

To be honest bitcoin is one of the most profitable investment to go into if it is well understood and not just to make quick profit as a reason to invest. Bitcoin is not just only the most profitable investment to go into but it is the most affordable to invest. Other investment it is not easy for people who earn low to invest in it because it is an investment that one needs to have a good sum of money to invest in it , while bitcoin no matter what you earn as income DCA method can be used to accumulate good amount of Bitcoin.

Cryptmuster

legendary

Activity: 1904

Merit: 1176

Glory To Ukraine! Glory to the heroes!

Quote from: michellee on October 29, 2024, 07:12:35 AM

We'll see it later while we can still accumulates more Bitcoin and prepare for the coming. Although I also doubt if the price can go to $100k in the end of the year. But if that can happen, I will be happy and I am sure many investors have the same feeling as me.

Hopefully, the price will still increase and slowly reach $80k in the next month. The bull run will happens but we must be patient waiting for that.

The previous year (2023) was even more profitable for Bitcoin than the current year, but in any case, when an investment is close to doubling your investment in a year, it can definitely be considered very successful. During the bullrun, Bitcoin was always unrivaled in terms of profitability, and this time there were new inputs, such as the approval of the Bitcoin ETF, which should only be reflected in growth, since it will entail attracting new investors to Bitcoin. Gradually, countries like Bhutan will appear that will want to use surplus electricity to mine Bitcoin, and thus Bitcoin will become an increasingly scarce asset.

fikrett

jr. member

Activity: 70

Merit: 1

Quote from: michellee on October 29, 2024, 07:12:35 AM

Quote from: fikrett on October 29, 2024, 07:05:12 AM

Quote from: fruktik on October 29, 2024, 03:08:04 AM

Quote from: FortuneFollower on October 29, 2024, 01:58:01 AM

Do you think it will happen around the start of 2025, or sooner?

I still think that it will happen this year. If you look closely at the chart, you will see several attempts to overcome strong resistance. This time, most likely, it will still be possible to break it and the price will go to a new historical maximum. This possibility cannot be completely excluded. It was not for nothing that they bounced off this level so strongly and went down. Players gained liquidity in such a way as to break the sellers and push through the $70,000 mark.

People already pushed it to 71k, but I highly doubt it going to 100k by the end of the year.
Let the market prove me wrong Grin

We'll see it later while we can still accumulates more Bitcoin and prepare for the coming. Although I also doubt if the price can go to $100k in the end of the year. But if that can happen, I will be happy and I am sure many investors have the same feeling as me.

Hopefully, the price will still increase and slowly reach $80k in the next month. The bull run will happens but we must be patient waiting for that.

I do see the BTC reaching such heights in 2025, but even before it? - nah Roll Eyes

However, if it would do so, then the plans would be changed accordingly.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: fikrett on October 29, 2024, 07:05:12 AM

Quote from: fruktik on October 29, 2024, 03:08:04 AM

Quote from: FortuneFollower on October 29, 2024, 01:58:01 AM

Do you think it will happen around the start of 2025, or sooner?

I still think that it will happen this year. If you look closely at the chart, you will see several attempts to overcome strong resistance. This time, most likely, it will still be possible to break it and the price will go to a new historical maximum. This possibility cannot be completely excluded. It was not for nothing that they bounced off this level so strongly and went down. Players gained liquidity in such a way as to break the sellers and push through the $70,000 mark.

People already pushed it to 71k, but I highly doubt it going to 100k by the end of the year.
Let the market prove me wrong Grin

We'll see it later while we can still accumulates more Bitcoin and prepare for the coming. Although I also doubt if the price can go to $100k in the end of the year. But if that can happen, I will be happy and I am sure many investors have the same feeling as me.

Hopefully, the price will still increase and slowly reach $80k in the next month. The bull run will happens but we must be patient waiting for that.

betswift

copper member

Activity: 56

Merit: 1

Quote from: Minor Miner on October 29, 2024, 03:29:27 AM

Quote from: Z-tight on October 29, 2024, 12:30:04 AM

I hardly recommend BTC to people, for obvious reasons and even if i want to talk about BTC with non bitcoiners, it is never from the perspective of making money, rather for how the network is decentralized and censorship resistant.

But would people be interested in bitcoin if you didn't talk about profits and just focused on its other use cases? Because frankly, we are also attracted to bitcoin because of its volatility and the huge returns it brings rather than other use cases. Everyone is just like us, I don't think anyone is only interested in decentralization and ignores the profits it can create. Moreover, nowadays bitcoin is mainly used as an investment, when it comes to bitcoin, people often associate it with an asset to invest in. So it would be remiss of us to introduce bitcoin to everyone without mentioning the investment aspect.

If a person doesn't know more about BTC - it's their loss.
They will regret going into the space this way because they wouldn't be able to answer many questions arising in the process.

fikrett

jr. member

Activity: 70

Merit: 1

Quote from: fruktik on October 29, 2024, 03:08:04 AM

Quote from: FortuneFollower on October 29, 2024, 01:58:01 AM

Do you think it will happen around the start of 2025, or sooner?

I still think that it will happen this year. If you look closely at the chart, you will see several attempts to overcome strong resistance. This time, most likely, it will still be possible to break it and the price will go to a new historical maximum. This possibility cannot be completely excluded. It was not for nothing that they bounced off this level so strongly and went down. Players gained liquidity in such a way as to break the sellers and push through the $70,000 mark.

People already pushed it to 71k, but I highly doubt it going to 100k by the end of the year.
Let the market prove me wrong Grin

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Quote from: Z-tight on October 29, 2024, 12:30:04 AM

Not everyone has the heart to handle the volatility of BTC, for most of us that have the knowledge of it, things become very easier for us, we block our ears to fud and accumulate when the price dips. However, for so many other people, they cannot sit and watch their investment rise and fall quickly, so maybe BTC is not for them.

This is true, when I was new to Bitcoin every few bucks of fluctuation I was already in a heart attack. But thanks to that experience that made me stronger with its volatility and by having that, I took that as an advantage and learned it while I was in the process in the past. Those who are here now and have taken the risk of having Bitcoin as their asset will learn it just as we've learned it. It's about the trust that they're putting in Bitcoin and soon they'll answer that with words of telling it to the others that it was worth it.

Quote from: Z-tight on October 29, 2024, 12:30:04 AM

I hardly recommend BTC to people, for obvious reasons and even if i want to talk about BTC with non bitcoiners, it is never from the perspective of making money, rather for how the network is decentralized and censorship resistant.

I rarely tell my peers about that latter description or anyone who's talking to me about Bitcoin. I'm mostly telling them about it as an asset and an investment. But I don't tell them quickly to go and buy them, I've changed because of my past experience as well when someone blamed me for seeing how volatile Bitcoin was but I never lack of telling them about its feat.

Minor Miner

legendary

Activity: 2464

Merit: 1020

Be A Digital Miner

Quote from: Z-tight on October 29, 2024, 12:30:04 AM

I hardly recommend BTC to people, for obvious reasons and even if i want to talk about BTC with non bitcoiners, it is never from the perspective of making money, rather for how the network is decentralized and censorship resistant.

But would people be interested in bitcoin if you didn't talk about profits and just focused on its other use cases? Because frankly, we are also attracted to bitcoin because of its volatility and the huge returns it brings rather than other use cases. Everyone is just like us, I don't think anyone is only interested in decentralization and ignores the profits it can create. Moreover, nowadays bitcoin is mainly used as an investment, when it comes to bitcoin, people often associate it with an asset to invest in. So it would be remiss of us to introduce bitcoin to everyone without mentioning the investment aspect.

fruktik

hero member

Activity: 1148

Merit: 576

Quote from: FortuneFollower on October 29, 2024, 01:58:01 AM

Do you think it will happen around the start of 2025, or sooner?

I still think that it will happen this year. If you look closely at the chart, you will see several attempts to overcome strong resistance. This time, most likely, it will still be possible to break it and the price will go to a new historical maximum. This possibility cannot be completely excluded. It was not for nothing that they bounced off this level so strongly and went down. Players gained liquidity in such a way as to break the sellers and push through the $70,000 mark.

FortuneFollower

copper member

Activity: 168

Merit: 4

Quote from: fruktik on October 29, 2024, 01:51:27 AM

Quote from: bettercrypto on October 28, 2024, 11:26:42 AM

It is certain that everyone who started investing in bitcoin in the month of January 2024 that they have been holding until now and implemented DCA for bitcoin,
they are sure to have made a big profit for sure. Especially if you are the type of person who belongs to the middle class or elite people, that's for sure.

Now in the ordinary or just right communities there is also a profit, but of course not as big as that of rich people who are capable of buying bitcoin at a large value.

If you look at the chart, it is already obvious that since the beginning of this year, people have managed to make good money on the growth of Bitcoin. I am interested in a completely different question. What will happen next? At the moment, another test of a fairly strong resistance is taking place. Will it be possible to push through it? If so, the price will fly even higher and then the profit will be much greater. We are waiting and believing in it. I myself have my fingers crossed and believe that buyers will still be able to implement this in practice.

Do you think it will happen around the start of 2025, or sooner?

fruktik

hero member

Activity: 1148

Merit: 576

Quote from: bettercrypto on October 28, 2024, 11:26:42 AM

It is certain that everyone who started investing in bitcoin in the month of January 2024 that they have been holding until now and implemented DCA for bitcoin,
they are sure to have made a big profit for sure. Especially if you are the type of person who belongs to the middle class or elite people, that's for sure.

Now in the ordinary or just right communities there is also a profit, but of course not as big as that of rich people who are capable of buying bitcoin at a large value.

If you look at the chart, it is already obvious that since the beginning of this year, people have managed to make good money on the growth of Bitcoin. I am interested in a completely different question. What will happen next? At the moment, another test of a fairly strong resistance is taking place. Will it be possible to push through it? If so, the price will fly even higher and then the profit will be much greater. We are waiting and believing in it. I myself have my fingers crossed and believe that buyers will still be able to implement this in practice.

Jewan420

full member

Activity: 224

Merit: 128

Patience and hard work are the keys to success.

Yes those who bought early 2024 and are still holding are definitely going to reap huge gains. It does not mean that you will buy at the beginning of every year and give you a good return at the end of the year. The year 2024 is considered a bullish time for Bitcoin. Nowadays people are showing interest in Bitcoin due to which Bitcoin price is increasing day by day. Some of the smaller countries are also increasing the popularity of Bitcoin by recognizing it and contributing to its value.

We should also pay attention to our real estate investments. We would call Bitcoin investment only investment, but real estate investment is a service. I see it as negative for society or country to reduce real estate investment and increase investment in Bitcoin.

Topic: Bitcoin is the most profitable investment year to date. - page 4. (Read 1254 times)