Topic: Bitcoin - reason for long term invest (Read 975 times)
I think you can invest in bitcoin for the long term, because now the price of bitcoin is still not expensive, so you can still get good opportunities in the future.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
It all depends on people, sometimes they want it in short time investment once they are contented in current price and sometimes they choose it in long term because its provedd and tested is good in ling term investment. They are many opportunities of Birtcoin that we need to disciver and how to hndle it how people csn use it.
Even though the bitcoin is the strongest coin but the value of bitcoin is still unstable and cannot ensure that the value will be high in the long term you specify. Not only for the long term, but you also have a strategy to use the opportunity to sell when there is an increase.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
It all depends on people, sometimes they want it in short time investment once they are contented in current price and sometimes they choose it in long term because its provedd and tested is good in ling term investment. They are many opportunities of Birtcoin that we need to disciver and how to hndle it how people csn use it.
Unlike stocks market bitcoin was more volatility than those and if we hold bitcoin for long term there are two possibility regarding the results from our investment asset that the first possibility is we might to see bitcoin price increase day by day with possible we will get decent profit but the second risk is we will see our investment value decreasing because bitcoin gradually lack of interest and following it the price also decrease but if we want to became bag holders for bitcoin then we must accept all of those possibilities
Bitcoin is the most popular and the strongest, in bad conditions, bitcoin is the main choice because it will last in the long term and better results.
I agree with what you say, even though bitcoin is currently hit with bad news but bitcoin will continue to survive. bitcoin is a measure of investor interest in crycptocurrency, which is why if the price of bitcoin drops the price of altcoin also falls and vice versa. 
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
It all depends on people, sometimes they want it in short time investment once they are contented in current price and sometimes they choose it in long term because its provedd and tested is good in ling term investment. They are many opportunities of Birtcoin that we need to disciver and how to hndle it how people csn use it.
i dont have a reason to use bitcoin for long term because i actually enjoyed it for a short amount of time or for short terms rather . i buy sell cryptos and i earn a sufficient profit with it , so for me there is no point of investng and hodling my btc for long term but altcoins ? Maybe . alts are late bloomer as its obvious that their starting value were only smaller compared to btc . i guess they are more suitable for longer terms right ? Eh , what do you think ?
Bitcoin is the most popular and the strongest, in bad conditions, bitcoin is the main choice because it will last in the long term and better results.
Yes, bitcoin can be like a stock because we can get profit from its fluctuations. What distinguishes from stocks is that bitcoin fluctuates very quickly and even in large numbers, so this can be said to be a stock because we can get profit from fluctuations. We can also use it for long-term investment because bitcoin has a good development so the possibility of prices going up in the future is very large. Even though the price dropped very far but this is still reasonable in crypto because of the high fluctuations, so this is still feasible for the long term.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
One of the reason why bitcoin is good for long term investment is because of its volatile price and huge volume in market. The tendency when there is a volatile token the price of it have chance to become very expensive and at the same may become very cheap. The only reason why I invest in bitcoin because I know somewhere in the future it will become very expensive.Aiming for short term benefits (or otherwise known as trading) is the reason many people are struggling with speculation and expectation. Just target for big value after years then you will never find the any problem of holding bitcoin and you will surely enjoy big profits too.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
One of the reason why bitcoin is good for long term investment is because of its volatile price and huge volume in market. The tendency when there is a volatile token the price of it have chance to become very expensive and at the same may become very cheap. The only reason why I invest in bitcoin because I know somewhere in the future it will become very expensive.
It certainly is a good idea to invest after a big decline, not that those coins are guaranteed to rise but there is a much better chance of success to buy now and wait for the rises in 2019
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
I am sure the situation will return to normal in the next few years, and after this situation has passed, bitcoin will rise high beyond the value it has ever achieved. so if you want to invest now, bitcoin is quite cheap but the risk is still very large. I suggest you better wait until there is a lot of good news for crypto trading.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
I suggest you to do your own research before buying any coins as this investment is too volatile and you need to have patience to wait until you get your profits. Yeah it's a good investment if you know how to manage it correctly. Buy while still at lower price and don't get any panic if the price will fall from your buying as this will bounce back. if you want to invest, you must have two important things, namely patience and accurate analysis. all investments are long-term and there are no investments that will profit in a short time.
definitely . 'cause short term investment is working only depends on the situation of the market. So must focus in long term as well and don't be greedy because it will lead you to failure. Which must have patience to succeed 'cause that's the only solution to prevent regrets. 
if you want to invest, you must have two important things, namely patience and accurate analysis. all investments are long-term and there are no investments that will profit in a short time.
Your opinion is really true to invest in any strategy, crypto currency remains confidence and patience as the main capital in investing 
As current market is way to low as compared to 2017 prices where market has surge. So we know how far btc can reach and still has a long scope for the rise to happen. This gives us enough opportunity to invest at the present market rate for the long term and make money in coming years.
Even if bitcoin will be trading above $20k, I believe it must be a good option for long term investments. I mean not just due to the downfall which happened in 2018, bitcoin is seeming like a good long term opportunity. It is always as it has potential which might be needed by the people of 2050 then it would be a great idea to invest now itself. I may sound non-realistic, but that is the real fact, we must need to accept.You have not even logged in to the forum after you create an account.
His activity has nothing to do for an open discussion. He asked something and that is useful for others too hence we are into this discussions. 
BitCoin is good for longterm because I believe it will recover again the value of this coin and maybe it will increase the value higher more.
But it depends when you will hold your bitcoin maybe few months or few years depends on your prediction to bitcoin price.
But it depends when you will hold your bitcoin maybe few months or few years depends on your prediction to bitcoin price.
As current market is way to low as compared to 2017 prices where market has surge. So we know how far btc can reach and still has a long scope for the rise to happen. This gives us enough opportunity to invest at the present market rate for the long term and make money in coming years.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
If there is something we call it as investment,we are investing on it with the hope of prices will be increasing when the days passes so if investing on the bitcoin is really makes sense when people consider bitcoin as an investment.
For sure it wl recover again so that's why you need to wait the price to increase again. Longterm is the best option because if you are going to choose shorterm it is not enough to get your money back or recover again . Longterm is getting your rich.
My reason for long term investment is the outlook for a freelancer.
I am not smart nor a genius on many subjects but I have been capable of living my life from home making enough money to support my life for the past 2 years without going to any work, that was possible because of bitcoin, that means bitcoin does have a big impact on our day to day lifes even if many people see it as a way to make more money via trading.
If you take the bitcoins project at face value you can see that it is solving a lot of worlds problems easily by eliminating global money transactions costs and making it very easy for small amounts of money to be transferred to you. If you are living in a third world country making 99 cents an hour is really impossible because getting paid part would be difficult, how would someone pay you 10 dollars a day, however in bitcoin or any other crypto its quite easy to send that type of money to someone.
I am not smart nor a genius on many subjects but I have been capable of living my life from home making enough money to support my life for the past 2 years without going to any work, that was possible because of bitcoin, that means bitcoin does have a big impact on our day to day lifes even if many people see it as a way to make more money via trading.
If you take the bitcoins project at face value you can see that it is solving a lot of worlds problems easily by eliminating global money transactions costs and making it very easy for small amounts of money to be transferred to you. If you are living in a third world country making 99 cents an hour is really impossible because getting paid part would be difficult, how would someone pay you 10 dollars a day, however in bitcoin or any other crypto its quite easy to send that type of money to someone.
after I made this my post:
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
In case of bitcoin you have 2 options:
day trade
Hold
You can also use both options simultaneously
You can do daytrade and the daytrade profit can increase in the portion of HOLD.
I will not talk specifically about daytrade, I will talk about HOLD, in my opinion to have high profit in crypto world with hold the person should be willing to hold for 3 years. Basically: buy a lot of bitcoin today and just count on high profits in 3 years, probably in 3 years you will see a profit of 3X or 5X or 10X. But just wait 3 years to make a high profit, you may have a high profit before those 3 years, but when you set a goal of 3 years to make a high profit, then you do not have extress and do not create high expectations.
I let some days pass by to see if you would respond in this thread, but:
Name: pwl_m_tommi5
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Date Registered: December 16, 2018, 09:44:07 PM
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You have not even logged in to the forum after you create an account.
investment must contribute to many aspects to get profit and bitcoin is a cryptocurrency that has a graph of the fantastic rise in tang value for 10 years. sulut to find investment products as well as current bitcoin and crypto if you compare them with other investment products
Crypto value is unstable and for investing, I prefer strong coins so that my investment is safer, and therefore I choose bitcoin which is the main crypto coin.
I think bitcoin is worth holding in the long run, the market is currently heading towards recovery and that will be an opportunity for good profits going forward.
Hey to maximise your earning potential from bitcoins, you should hold it for the long term to fully unlock it's potential to reward you. If you see people panicked and sold their coins at 3k levels, and now prices are already around 4K levels it's the power of holding. Also it's pertinent to note bitcoins is based on demand and supply, and in the long run the demand surpasses supply thereby increasing your coins value.
BitCoin is good for longterm because I believe it will recover again the value of this coin and maybe it will increase the value higher more.
But it depends when you will hold your bitcoin maybe few months or few years depends on your prediction to bitcoin price.
But it depends when you will hold your bitcoin maybe few months or few years depends on your prediction to bitcoin price.
I think bitcoin is worth holding in the long run, the market is currently heading towards recovery and that will be an opportunity for good profits going forward.
Reason in holding long term is to achieve your profit simultaneously but you need to wait patiently. Day trading also contributes the price grow faster while you are holding your other crypto assets. The circulation of Bitcoin transactions in every people holding Bitcoin will make price expensive or have progressed in the price movement in the market. In my own, Bitcoin should be used as a payment currency it will help also to grow price not only holding on it.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
Bitcoin is not something that you can put x amount of dollar in and than take out 2x amount of dollars when the price goes up . The purpose of bitcoin is to make people realize that democracy is not something we need in politics, not that we have proper democracy in our politics and almost half of the world has elections that are either fake or at least somehow tampered with but even in politics democracy gives us a bit of hope, so we need the same on our money as well.When it comes to bitcoin that is the most democratic way money can be where everyone has a say and there is no outside power that could change anything how bitcoin is working, with decentralized power no one can make bitcoin work differently or change the main aspects, they need a democratic voting occur with miners and what is wanted most will happen.
Maybe you should try to do some research and make that decision on your own. From your research obviously, you will find out the reason why you should actually be investing in the long term or not. First and foremost, there is a lot of handwriting on the wall for everyone, and when it comes to a market that is new and evolving into a better one every day, I guess one way or the other, you will get to find your question answered as the case may be.
I hope you buy then because bitcoin has rise of recent significantly. I think we are not going to have a wonderful market but if you buy when bitcoin was around $3200 you could have add around $1000 to you profits as the market has rise significantly.
The reason behind long term investment is there are lot of predictions for BTC in future like it may go more than 100000k in future so just calculate the profit In case if you buy BTC at this moment. It's just a assumption not a reality anything can happen in future there is no guarantee.
That's because bitcoin is an original coin of crypto, bitcoin is the main one in crypto and that will make bitcoin a viable choice for long-term investment.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
In case of bitcoin you have 2 options:
day trade
Hold
You can also use both options simultaneously
You can do daytrade and the daytrade profit can increase in the portion of HOLD.
I will not talk specifically about daytrade, I will talk about HOLD, in my opinion to have high profit in crypto world with hold the person should be willing to hold for 3 years. Basically: buy a lot of bitcoin today and just count on high profits in 3 years, probably in 3 years you will see a profit of 3X or 5X or 10X. But just wait 3 years to make a high profit, you may have a high profit before those 3 years, but when you set a goal of 3 years to make a high profit, then you do not have extress and do not create high expectations.
It is the best time to invest in BTC or any other crypto currency if you want to pursue your carrier in crypto field. In other words it is giving you second chance to earn from crypto currency. If you have not earned from December 2017 experience. Just invest maximum amount and wait for few months.
Yeah holding long-term is profitable, the reason is because the price of bitcoin always rises in a period of several years (long term) and that's the basis of holding your bitcoin, you can profit 2 times without doing anything, you can work at another job and make a profit after a few years later.. 
Because it will recover again the market for sure. It will good for the next few years and you will earn more money again.
Just be patient, believe, trust, and invest again and keep holding your bitcoin and you will get more profit.
Just be patient, believe, trust, and invest again and keep holding your bitcoin and you will get more profit.
now is a very appropriate time if you want to invest in bitcoin, yesterday the price of bitcoin has shown signs of recovering and in my opinion this is a very good sign. start your long-term investment now or you will be late.
I don't necessarily think that bitcoin will behave like stocks. They are completely different in terms of the motivations behind people investing in them, as well as the way that profit is generated.
on the surface it may appear so, but i believe most interest in bitcoin is speculative, in search of capital gains---just like the stock market. so the true motivations (fear and greed) are exactly the same. that's why it's no surprise to me that for the last decade, the charts of both bitcoin and stock indices have risen in tandem. it's been a bull market context: credit's been easy, QE pumping anything and everything. we'll see what happens if the FED truly unwinds QE and raises rates.
Speculative? What is not speculative today, people are doing that. Behind bitcoin there is chain, blockchain, and on the surface you can find some similarities between stock and crypto market, but when you look dipper you will see many differences. Fact is that stock markets are safer and less volatile than crypto markets, but there is a reason for that, behind stock market you have strong companies that exist for centuries, crypto market is still very young, baby compared with them. If anyone thought that crypto market will have an easy way to the top of the world wrong, it`s a tough fight, but there is one more angle from where you can look at the situation, for this short period crypto did a lot, thanks to the internet of course, here on internet things tend to spread much faster, especially if they are great.
I don't necessarily think that bitcoin will behave like stocks. They are completely different in terms of the motivations behind people investing in them, as well as the way that profit is generated.
on the surface it may appear so, but i believe most interest in bitcoin is speculative, in search of capital gains---just like the stock market. so the true motivations (fear and greed) are exactly the same. that's why it's no surprise to me that for the last decade, the charts of both bitcoin and stock indices have risen in tandem. it's been a bull market context: credit's been easy, QE pumping anything and everything. we'll see what happens if the FED truly unwinds QE and raises rates.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
I don't necessarily think that bitcoin will behave like stocks. They are completely different in terms of the motivations behind people investing in them, as well as the way that profit is generated.
But if you are investing in the long term, and you believe that adoption is really going to pick up for bitcoin in the future, then yes, it is a good idea to invest in bitcoin when there is a bear market, and price and sentiment is low. Just like you would try to pick out the lowest possible entry point for a good long term stock to invest in.
That is only assuming that you are willing to hold onto your position for a number of years. If you are a trader who is seeking short term profits, then buying at this point may not be a good idea since there may still be dips coming in the near future.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
Ya it is always good to invest when you can see big declines because if it got potential then it will surely bounce back after it gets bottom out. and i think BTC now got its low support and it will move above $4500 level and if it gets good support then it can move more up.
In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment..
It doesn't and it never will be.
Expectations about what will be the bitcoin price in the future will leads into much stronger volatility.
..and in this connection assume that in long term is it good idea to invest after big declines?
We have different approach and preferences if we will take bitcoin as good in terms of long term investment.
In that case, do your own assignment and research if it will meet your criteria. Even if we say here that it's really good for long term, you are the one who will managed it along the way so there are chances that we might have different result. Understand the risks and you are good to do.
I feel the benefits of bitcoin, and I'm sure bitcoin will be able to survive in the long term and can grow higher in the future, and therefore I have no doubt investing in bitcoin in the long run.
Before choosing bitcoin to invest in both the long and short term, you must first have patience because it will be a force to fight panic from yourself.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
You must not use "invest" word. Use "gambling" instead. Few years from now bitcoin's prise will be around $100.
It is the best time to invest in BTC or any other crypto currency if you want to pursue your carrier in crypto field. In other words it is giving you second chance to earn from crypto currency. If you have not earned from December 2017 experience. Just invest maximum amount and wait for few months.
IMO, it does not behave entirely like the stock market but yes, if you entered the market after a huge crash, long-term you will be able to get some good gains as evidenced by the past 'cycles' of the market. I was one of the lucky lads who invested when bitcoin was on its $200 mark and sold when the price rose to $2900. It might not be an enough testimony to use as a basis but then again, the charts are always there to be viewed. Also, given that a lot of financial experts are already shouting for a long, overdue financial crisis, I think it's best to stock on bitcoin as early as one can, as it will surely be the asset wherein people would pour their money to once the inevitable happens.
Well, In my personal opinion I think long term investment is always safe and secure the bubble might happen anytime but BTC has ability to reach $100k based on the speculation given by the experts also a lot of big whales believe in this and waiting patiently.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
Those are believe the Bitcoin they never move to another investment. So long term investment is the good choice for Bitcoin because crypto economy is slowly occupy the many countries so it is right time to invest in future currency. Nowadays everything is depends on digital technology so crypto also goobalised in future. if you want to invest, you must have two important things, namely patience and accurate analysis. all investments are long-term and there are no investments that will profit in a short time.
Not true - anyone going in deep in early 2016 would have gone 50x late 2017. If you think 50x in less than 2 years isn't short term profit I don't know what to tell you.
It's all timing.
if you consider 2 years as "short term" then what do you call day traders or basically those who are in and out of the market with each small swing which can take from a couple of hours to a day or two?
2 years may not exactly be the long term investment but it surely isn't a short term either.
Gamblers.
Bitcoin is the main coin in crypto, and as a major coin, bitcoin has the potential to survive and continue to increase. But what must be considered is that the value of bitcoin is unstable and risky, so you must have patience and strategies so you can benefit.
no it won't be like stocks market, maybe some of them like apple or something like that but not quite the same because bitcoin is very different in the sense that it is a new technology that is also global while all these stocks are limited and majority of them are for companies that can not grow that much either.
bitcoin on the other hand is being adopted by the whole world and so far it has not reached any big adoption percentages yet so there still is a very long way to go before it even matures and reaches medium adoption let alone the final mass adoption. and that makes most of its potential as a long term investment.
bitcoin on the other hand is being adopted by the whole world and so far it has not reached any big adoption percentages yet so there still is a very long way to go before it even matures and reaches medium adoption let alone the final mass adoption. and that makes most of its potential as a long term investment.
I already stopped comparing or correlating stocks to crypto's or bitcoin, these are two different places for people who are looking to invest their money. But to think of investing after the big declines, this what people must do.
Buying during the dip has been recognized and popular strategy even in stocks. And as for bitcoin's past chart, you can see that after these corrections, there's an extreme increase in volume which means that people do really buy after the dip.
Buying during the dip has been recognized and popular strategy even in stocks. And as for bitcoin's past chart, you can see that after these corrections, there's an extreme increase in volume which means that people do really buy after the dip.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
There's only one reason why you wouldn't want to buy a dip (if possible) and that's that you don't think a recovery is going to occur. In stocks people generally assume it will based on past history. Bitcoin's history in that regard is shorter but the likelihood is that it will recover and go on to find new strengths. Warren Buffet's age old advice to be fearful when other's are greedy and greedy when other's are fearful transcends just the stock market.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
I think if crypto is indeed worthy of long-term investment, by its nature it cannot be controlled so this will be a valuable investment in the long run, waiting patiently and continuing to learn to read all the crypto market situations.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
Good question. Bitcoin or crypto is still at its infancy so it's hard to correlate in with stock market as the latter has been in the scene far more than crypto. But if crypto might turn out to be like stocks with the price going up and down so for me its better to buy when their is blood in the street, just saying and HODL for long term.
Now it's certainly a better time to invest in BTC than a few months ago or a year ago. We are in bear market and there is no doubt that anyone who wants to invest should know that this is an ideal opportunity to buy cheap coins. That does not mean that the price will not go down even more, and I see many search for reasons to buy now or to wait more. Perhaps it would not be bad to wait January or February next year, if a bigger drop occurs that might be right at that time.
I personally see the investment in BTC as a smart, but also a risky long-term investment. Because of the fact that BTC is only ten years old, it is hard to forecast for the long run. Although there are some patterns of behavior during the years, we can not fully rely on them.
Each individual must decide what's the best for him and his future, and to invest few percent of monthly salary in BTC can be a very profitable investment. Some people think long-term is just one year or maybe two, but for me it is 5-10 years at least.
Ten years in the future price of BTC should certainly be expressed in six digits numbers, although it's just speculative opinion - it can also be only three-digit number.
I personally see the investment in BTC as a smart, but also a risky long-term investment. Because of the fact that BTC is only ten years old, it is hard to forecast for the long run. Although there are some patterns of behavior during the years, we can not fully rely on them.
Each individual must decide what's the best for him and his future, and to invest few percent of monthly salary in BTC can be a very profitable investment. Some people think long-term is just one year or maybe two, but for me it is 5-10 years at least.
Ten years in the future price of BTC should certainly be expressed in six digits numbers, although it's just speculative opinion - it can also be only three-digit number.
There is some truth to the words that investing in bitcoin is like gambling. Some may even say that, in 10 or 20 years, bitcoin will either be worth zero or millions of dollars. And I agree. No middle ground here. This may be the proper way to look at investing in bitcoin. I personally would like to think that investing in bitcoin is much more than gambling and that ultimately, it will become one of the most important asset classes in the world. So, yes, I think the cryptocurrency environment could become similar to the stocks environment. But that's just my hunch, nothing else.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
I also think like that. in my opinion that Bitcoin is a profitable type of investment. At this time bitcoin is so convincing to be a long-term investment. With the growing number of Bitcoin users every year it will promise that the price of Bitcoin can increase dramatically in the future.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
You must not use "invest" word. Use "gambling" instead. Few years from now bitcoin's prise will be around $100.
There are contradictory analysts on this. Some argue that if the S&P500 collapses in a disaster and we enter a major recession, Bitcoin would hold up and it would fall it with it because the economy from those huge countries is too big and would suck everything with it. I claim that this is nonsense. When in doubt of the economy of a country, any country, you will want to be in a neutral asset, Bitcoin is the default-to-go neutral asset. It used to be gold, but not anymore, since gold is useless as you cannot carry it within an airport, specially on times of recession.
it's not just that a major recession might take everything down with it.
bitcoin really isn't the default hedge asset at all. it might have the potential to be, but it's literally not even a decade old. it's a brand new technology---still experimental and in beta. the world doesn't view it as a "safe" asset at all. it's rather viewed as extremely risky and speculative.
in another 50 years, i could see it being the go-to hedge. it's really hard to imagine now.
if you want to invest, you must have two important things, namely patience and accurate analysis. all investments are long-term and there are no investments that will profit in a short time.
Not true - anyone going in deep in early 2016 would have gone 50x late 2017. If you think 50x in less than 2 years isn't short term profit I don't know what to tell you.
It's all timing.
if you consider 2 years as "short term" then what do you call day traders or basically those who are in and out of the market with each small swing which can take from a couple of hours to a day or two?
2 years may not exactly be the long term investment but it surely isn't a short term either.
if you want to invest, you must have two important things, namely patience and accurate analysis. all investments are long-term and there are no investments that will profit in a short time.
Not true - anyone going in deep in early 2016 would have gone 50x late 2017. If you think 50x in less than 2 years isn't short term profit I don't know what to tell you.
It's all timing.
There are contradictory analysts on this. Some argue that if the S&P500 collapses in a disaster and we enter a major recession, Bitcoin would hold up and it would fall it with it because the economy from those huge countries is too big and would suck everything with it. I claim that this is nonsense. When in doubt of the economy of a country, any country, you will want to be in a neutral asset, Bitcoin is the default-to-go neutral asset. It used to be gold, but not anymore, since gold is useless as you cannot carry it within an airport, specially on times of recession.
Because of the characteristics of Bitcoin, it should have at least half of gold's marketcap, which is why those guys worried that it's crashing and "it's over" and "we'll never go to ATH again" amuse me.
Because of the characteristics of Bitcoin, it should have at least half of gold's marketcap, which is why those guys worried that it's crashing and "it's over" and "we'll never go to ATH again" amuse me.
if you want to invest, you must have two important things, namely patience and accurate analysis. all investments are long-term and there are no investments that will profit in a short time.
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
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