Topic: Bitcoin is the most profitable investment year to date. - page 6. (Read 1511 times)

If we observe the matter since the discovery of Bitcoin till now then we must say that it is a profitable investment. But if we consider specific years here, some years will be very effective for Bitcoin investment and some years will be bearish and not possible to get significant profit.

100% profit in last 1 year on Bitcoin investment Everyone who held this investment was able to double his wealth. I don't know any other platform which can give 100% return in 1 year. Moreover, investing in Bitcoin is definitely safer than the amount of risk involved in other investments. Those who invest for long term will definitely be able to get more profit than any other investment.



But there is no scope to say that everyone can be profitable from Bitcoin investment. To be profitable from this investment, an investor must have a good understanding of Bitcoin and plan to hold the investment for the long term. If one invest with little knowledge, there will be more loss than profit.

The scale would be different, but the results - the same.

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.

That is simply the nature of bitcoin, and the more you comprehend it, the less need you have to worry about the past because I already understand it. Why would I want to see the nature of something that we already know? Its nature is what makes it interesting because many people are perplexed and become afraid to continue investing in bitcoin after losing money, but it's never like that, which is why understanding it is crucial. But the direction at which most people set their heart is what is affecting them.

And that is why we always tell people to start with learning so that they don't have to worry about the market too much. Everyone's focus should be on how to grow their assets the more, because there are more opportunities to add to what you already have. That is just the issue, so you need to be very careful with the mindset you have for bitcoin.

And bitcoin keeps increasing  so the price will increase because the number of people investing in it is increasing so invest when you can so that you don't have to spend a lot of money when it is time to increase so every investment needs a strategy to get what you want

Bitcoin did pretty well in 2024, and it is the best-performing asset among those listed in the chart. But it's also a fair point that it's not the best overall if you look at some other assets which aren't on the list, including MicroStrategy shares, as Poker Player mentioned. It's also worth noting that the thing with Bitcoin is that it has different years. Some years are pretty good, like 2024, but some are very bad, like 2022. That's why it's not the best idea to invest in Bitcoin if one isn't okay with skipping a couple of years, waiting out the bear markets. So the profit comes with its risks.

In all sincerity, I pity people who still have doubts about bitcoin
Bitcoin has proven itself over and over again
The price of Bitcoin was literally around $20,000 just 2 years ago and now has hit a mark of $67,000 this is double the initial price there are only few investment options that can actually render you such a profit in such a short amount of time  what other proff does a person need
Well, I consider such a person as being foolish and ignorant, and I don't even bother convincing them to invest in bitcoin
Bitcoin has been on an up trend for years and is still going, but you still do not want to invest in it?
My prayer is very simple : Bitcoin keeps rising and keeps proving doubters wrong

I don't think this is open for argument because the data is out there for everyone to see. The case of someone purchasing pizza with 10,000BTC is a clear indication of how far bitcoin have grown in less than 20 year of its creation. I think bitcoin should be the biggest creation of wealth we have known in human history. Those who trust bitcoin, invested early enough and held till date have no business with poverty today. The opportunity is still there for those of us that are opportune to learn about bitcoin now and in some years in the future we will be happy for the actions we take today.

We love btc and crypto market for its high volatility. We all have seen that how much investor got return after investing on it on low price. The price of btc is continuously climbing and breaking its own past low level. Remember we need to become patience after investing it for long term. Surely ot will help us to get a good return. Short term investment is highly risky on crypto market. Though its also profitable if you able to read market closely. We have seen on the trade how btc has broken its past level and continuously going up and year end. So meed to be wise entry to get a good return.

From 2022 to now, the price of bitcoin has increased from $15k to $68k, which is an increase of more than 4 times. Apart from bitcoin, no other investment can do that, so it can be said that bitcoin outperforms every other investment, be it real estate or stocks of any company. But saying that it is the best investment is not entirely true, it is just an investment that brings high returns but comes with high risks.

Furthermore, using a highly volatile asset to hedge against inflation is neither a good idea nor a driving force behind bitcoin's value. Before bitcoin rose from $15k to $73k, bitcoin also fell from $68k to $15k in a short period of time. Bitcoin's volatility is too high to be used as an inflation hedge in the short to medium term.

Price of BTC goes up as more skin is put into it by everybody - common people, whales, institutions, and so on. That's my view on it.
It got to the point of being able to be used as the reserves on someones national scales, that says a lot about its path that it took and still going.

I have always been of the opinion that people should not be persuaded to invest in Bitcoin, because some of them will react very negatively to such "persuasions" - which has some logic if we take into account that there is a theory that says that the price of BTC rises only for reasons that those who have already invested are persuading others to do the same.

In addition, all the risks that come from trying to persuade your friends and acquaintances to do something are simply too great to be worth the risk. In addition to volatility, everyone is susceptible to hacking of any kind or even physical attack - and if that happens to them, guess who will be the first to blame?

Bitcoin is truly something that has exceeded most people's expectations when it comes to price growth, and those who realized its potential in time certainly have far better financial stability today than others.

Aside from that they can also point out this article created by coinmarketcap 13 days ago https://coinmarketcap.com/community/articles/670e5e59650acf586937ed0a/

Also this data https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp

We can see with this that holders is truly gaining. If they are not sure on how they deal with bitcoin then provably these statistics can somehow prove that their wrong assumptions does not have any good basis. That's why before engaging for long term with bitcoin they should know the price history so that they would have strong confidence that bitcoin would perform more better in future.

I disagree with you that due to inflation, landed properties and stock are more profitable than bitcoin in recent years. Do you have any proof on this. Bitcoin in amongst one of the best and high profit generating investments since its creation till date. This is because, it is limited in supply and the halving event helps to trigger the price of bitcoin since miner's reward reduces in every four years. Decentralized nature of bitcoin and using bitcoin as an edge against inflation also contributes to the rapid growth of bitcoin in value.

Bitcoin's Market cycle.

Currently, Bitcoin is 13% loaded from its halving since April 2024.
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The history of market cycle can help us having ideas on how Bitcoin bull run lasts and how it ends in historic average market time length. History can repeat or can change, we never know what will happen in this market cycle that already made a first ever ATH before a halving in April. So maybe we will another new things in history of Bitcoin in 2024 and 2025, very last months of this 4 year market cycle.

A new ATH can be hit in coming months or not, but make sure you manage your capital and risk well enough to protect your capital either it is investment capital or trading capital.

Obviously, the report starts with "year to date" to give a picture of what’s happening so far. This is called regular reporting; some reports come weekly, monthly, or quarterly, and these are considered consolidated reports if they have previous data as well.

Bitcoin's all-time high (ATH) is $73,835, and this year we’ve already touched $70k. So, another bullish movement could likely break that current ATH. With two months left in the year, it seems like it could happen!
https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp

That's a false belief, you cannot just believe in one investment without considering the data first. Maybe at the early stage where we still have few data but now that we have different sources, reading them especially on the bullish reports will make us confident more investing in bitcoin.

Not everyone is familiar with Bitcoin, so if they don’t hear about it from someone or in the news, they wouldn’t know there’s an investment opportunity. Honestly, I have a lot of friends who are interested in investing in Bitcoin, and since I have some knowledge about it, I can educate them a bit -at least on the basics. And I would never just tell them to buy without sharing insights that could help them make an informed decision. I want to ensure they don't blindly follow their interests or others' advice without understanding what they're getting into.


Nah, I see what you mean. Advising doesn’t mean just telling them to buy; it’s about sharing the benefits, like the potential for profitability, while also educating them on the risks involved. Once they understand the basics of investing, they’ll recognize that the value can drop, just like in the stock market.

If people ask me how to educate them, I definitely wouldn’t tell them that Bitcoin guarantees profit. Instead, I’d emphasize that while it has the potential for high returns, it also comes with significant risks. It’s crucial for them to do their own research and be prepared for volatility.

So far El Salvador is just focused on buying more bitcoins every day, they haven't sold any bitcoins yet, so I don't think paying off their debt and improving their economy is all thanks to bitcoin. MSTR stock has hit a new high but if you look at the market cap MSTR is only at $43 billion while NVIDIA is worth over $3 trillion, which is even double the market cap of bitcoin.

As we know Bitcoin is a potential investment and that is the main reason why we invest in it. But the development of each country and company depends largely on their business activities, and economic policies and not on bitcoin.
Bitcoin is the asset with the best growth and returns among most investments but people forget that it has the smallest capitalization among them so it is understandable why it has achieved such strong growth. On the other hand, due to the smaller capitalization, the growth will be better but this will make bitcoin riskier than other assets.

When it comes to investing, people will evaluate and consider many factors to make the right choice for themselves, not everyone likes volatility and risks like us.

In bull market, we will have many good news with bigger magnifying effects than same news released in a bear market. Additionally, in months of a bull market, especially in a full market cycle, not a mini bull run in a bear market, ROIs for investors look very good. The bottom line is institutional investors have longer vision for their investment than retail investors or speculators, and they have deep budget as well as better capital management so that they are able to HODL for a longer period.

Trackers for investment portfolios and ROIs of Micro Strategy and El Salvador are very motivational successful investment stories.
https://saylortracker.com/
https://nayibtracker.com/

You know things getting real when anything that is connected to BTC been having positive news lately, el salvador paying off its debt, MSTR outperforming NVDA and so on.

I'm sure any institutional investors that have been investing in BTC are seeing their portfolio green and yet there will be some doubters out there saying BTC will fail, no it won't . BTC gonna outperform most of asset even in upcoming decades. the limited total supply will make it happen.

beginners who still do not understand the movement of bitcoin prices, of course they will play it safe with a small portion of their investment. for example 70% they will put in the stock market, and then the rest will be put into bitcoin as a comparison between stock market investments and bitcoin. but I am sure, slowly while they learn with bitcoin investment instruments, there will be major changes and it is not impossible that their investment methods will be reversed. because some of our friends and even experts have also given what and how to invest in bitcoin.

I don't think this is good advice because some people especially those new need first to study or learn what Bitcoin is, I highly suggest that those people who want to invest in Bitcoin must understand what and how Bitcoin works before putting their hard-earned money on it.

Consider also how volatile is this, before Bitcoin achieved that high returns/profitability, the road was bumpy, a lot of highs and lows, pumps and dumps.