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Topic: Do you consider Bitcoin the best asset in the world? (Read 399 times)

legendary
Activity: 1722
Merit: 2213
I'm not convinced it is the best asset in the world yet, but I do believe it will become it. As a reserve asset Gold is still the no.1, despite the lack of increase in value, it remains relatively stable. But if are to purely determine best asset in the form of return on investment, then despite the 2022 bear market, by many metrics Bitcoin remains the best asset in the world in terms of return on investment by far.

When discussing Bitcoin as one of the best assets I wouldn't even consider Ethereum, even if it has performed better in recent years or even since it's inception. Simply because Bitcoin is immutable and therefore stable, predictable. Ethereum, even when deflationary, remains unreliable due to the upgrades and changes in code ie hardforks that Bitcoin simply doesn't experience.

I'm still a fan and even hodler of ETH, but the difference is I recognise it's all based on utility and functionality, as opposed to Bitcoin as a reserve asset that's immutable and ultra-reliable.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
Do you all consider Bitcoin the best asset in the world or do you think there are other assets with as much potential for safe long term appreciation?
I dont think bitcoin is the best asset out there because performance wise you will find that from the thousands of coins out there btc is usually never among the top 10 best performing assets when exchanges release monthly numbers besides its great command to lead other coins when its bullish.

By best asset I mean potential for long term return on investment versus potential for risk. Return vs risk.

Just curious to see what people think.
Still dont see btc as best asset, altcoins win this race.

Personally I think Bitcoin is easily the best asset in the world. Ethereum is probably the second best asset in the world
But on what basis are you ranking these coins , because  this almost looks like a marketcap list  Roll Eyes
legendary
Activity: 2618
Merit: 1181
I think that it is dear OP. Just taking a look at last 10 year performances there is literally no better asset than Bitcoin. I don't think there are stocks that could do same. Bitcoin was only challenged by another coin, Ethereum. Crypto markets are literally crazy profitable. I enjoyed every moment I experienced with Bitcoin personally. It has nearly unlimited uses. Its functional, its decentralized, its acceptable etc. Bitcoin is far better than fiat currencies and even Gold or Silver in my opinion.
Many people still compare bitcoin and other investment assets to see which is the best. But basically I'm also not going to argue and agree that bitcoin is the best in terms of performance, and I think history can attest to that.

Risk, of course there is risk and no investment is without risk. Bitcoin trading or investment has a risk commensurate with the return, but this risk can be minimized especially for those who really care about it. Wallet security, price volatility, adverse government regulation, and a number of other things can be considered risks, but they won't make bitcoin any worse than other investment assets.
full member
Activity: 466
Merit: 159
Buzz App - Spin wheel, farm rewards
Do you all consider Bitcoin the best asset in the world or do you think there are other assets with as much potential for safe long term appreciation?

The main property is Real Estate. I say enter into the category of assets that are very important and most important in digital assets, because overall and the world of Real Estate is the most important asset in a person's life, maybe after Bitcoin Real Estate follows below, and this is the fact that everyone really needs a place to live, and this is the main asset that is really needed, in my opinion about Bitcoin assets there are several different points of view, they use this asset as a multi function and one of them is their transaction as storage / savings, and a very valuable investment asset.
legendary
Activity: 2660
Merit: 1074
Bitcoin as the best asset in the world. Of course, but you must not forget the role of Real Estate as a companion to Bitcoin that is able to provide returns in the future. Both play an important role in investment, each investment has its own advantages and disadvantages. Bitcoin has several aspects that interest investors, but behind the advantages there are also substantial disadvantages. Bitcoin has no form, you can never hold Bitcoin with your hands because Bitcoin only exists on the internet.

Real Estate is one of the best investments for retirement and building wealth, one of the advantages of investing in Real Estate is that you can get real assets, you can see them and they can also be touched, apart from that they have intrinsic value. Real estate is also a necessity for everyone, you can make money on monthly or yearly rent. If you want to generate a steady source of income, Real Estate is the best asset for you.
I don't think it is the best asset in the world because Bitcoin is highly unstable but this feature is accepted in the world of cryptos because this is what most of them are made of so we can consider Bitcoin to be the best asset in the world of cryptos only. Real estate on the other hand is different. It is separated from Bitcoin but a person can choose to invest on both of them to have a better flow of money.

Real estate can provide stableness which protects our money for collapsing hard while the volatility of Bitcoin will help us earn quicker and massively. Real estate can still give us stable and moderate profits from time to time. Perfect if sometimes BTC is down.
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Why not, now more and more of the world's top companies are investing in bitcoin, the support of several exchanges such as crypto.com makes bitcoin more valuable and respected, almost every week I see UFC and crypto.com become official sponsors for almost 3 years.
The companies that are investing in Bitcoin or the exchanges that are supporting it are all doing it for their own benefits and not to make Bitcoin stronger or the best asset in the world, I don't say that Bitcoin isn't the best, it surely is, especially among all other cryptocurrencies, but when it comes to the safety of your investment, Bitcoin also has its risks.

There are other commodities or investment options out there that would keep your investment increasing over time without a decrease in its value, but Bitcoin is a volatile asset, and the value of your investment can change at any time from plus to minus and vice versa.

No investment is both safe and highly profitable, gold or real estate is considered the safest investment but also contains potential risks. For example, holding large amounts of gold also carries the risk of being stolen or confiscated, real estate becoming worthless when your country is at war, or being damaged in the event of an earthquake or tsunami. Bitcoin is no safer than those, but its return is commensurate with the risk. The higher the risk, the better the return, I find it worth the trade-off.
hero member
Activity: 1050
Merit: 844
I think bitcoin has promising potential in the future, if we invest now and hold it for at least 20 years then we can become millionaires in the future, many analysts believe the price of bitcoin can reach at least $ 1 million in 10 years and some even say less than 10 years.
That is a time that is still very far for many people to go through and if you and these experts believe in the future of Bitcoin, it means that it is good enough to believe in previous years because in the past there were also increases and decreases that have become history. for everyone who knows Bitcoin to see and remember. So there is no need to worry about Bitcoin and expect that price to be too high in the next 20 years because Bitcoin has proven a good future for many years.
sr. member
Activity: 2282
Merit: 439
Cashback 15%
I think bitcoin has promising potential in the future, if we invest now and hold it for at least 20 years then we can become millionaires in the future, many analysts believe the price of bitcoin can reach at least $ 1 million in 10 years and some even say less than 10 years.
No one knows what the future holds. Even if bitcoin is worth a million dollars, perhaps a better investment would be to buy a plot of land. If the world deteriorates, you can always build a house on that plot and grow your own food. For example, if there is a food crisis, which some people are talking about. Although I am sure that having some bitcoins for the future is a smart idea.
sr. member
Activity: 1736
Merit: 306
Think of it this way, if you had to put all your money in a single asset, would you put it in anything but Bitcoin? I already made that decision years ago by putting just about all my money in Bitcoin. But how about you all? Where do you land on this question?

If I had to put all my money in a single asset I don't think I'll put it all in Bitcoin. I've never really thought of it this way but if I must choose one I will choose real estate. There's the high capital and maintenance issue in real estate but I feel its a relatively less riskier choice when compared to bitcoin.
The volatility rate of bitcoin is its biggest disadvantage. You are more likely to loose all your money in bitcoin than real estate. Then there's the issue of different government regulations on bitcoin and also the security problem. You are more likely to get hacked when dealing in bitcoin than real estate.

That aside, I don't think putting all your money in a single asset is such a good idea. History has taught us that there is no investment too good to fail. Try to diversify your investment.
full member
Activity: 994
Merit: 101
Many people are too excited to invest in bitcoins because they expect big profits in a short time, many people think that with bitcoin they will be successful or rich, unfortunately they only follow opinion, when they see prices going down they panic and sell bitcoin at low prices or lose, before we enter, make sure to understand the risks.
sr. member
Activity: 2618
Merit: 439
I consider Bitcoin as one of my best investment/decision in life , having this makes my life easier specially in financial aspect, but to consider this as Best asset in the world is overstatement , there are so many things to consider as best asset specially in terms of safety and assurance.
like real estate and that is one of the best reason why we can depend in many things in terms of assets .
hero member
Activity: 2366
Merit: 594
Straight no because of the risk and volatility, but if we only think about virtual assets, it would be yes, but in reality, there are things like gold, real estate lands, and ETC., but this is the most famous one, and most of the rich investors are purchasing tons of it because they know the risk is low and maintainability is not that high. Though this might be my personal view, there are still others who will say yes to Bitcoin, which is true, but that is not on my top list if we are looking for assets in real life, but Bitcoin is one of my investments if I do have extra money.
legendary
Activity: 1666
Merit: 1037
Tell me what other currency, stock or asset started at less than $0.001 each and is now trading at over $20,000-30,000 USD with solid liquidity and increasing demand to this day? I'll wait.
Tell me what other currency, stock or asset poses as the most promising hedge against global monetary/fiat devaluation due to inflation, rising interest rates, mismanaged monetary policy and corrupt banking? Aside from gold and metals (which in my opinion, won't perform better than Bitcoin), I'll wait.

Bitcoin is the best asset. Its technology is far superior to any other form of currency. It is not controlled by a single party and yet works better than any centralized solution. It has been around for 15 years, and it will be around for 150 more. While the world goes bankrupt, Bitcoin will not.

sr. member
Activity: 1148
Merit: 432
I think that it is dear OP. Just taking a look at last 10 year performances there is literally no better asset than Bitcoin. I don't think there are stocks that could do same. Bitcoin was only challenged by another coin, Ethereum. Crypto markets are literally crazy profitable. I enjoyed every moment I experienced with Bitcoin personally. It has nearly unlimited uses. Its functional, its decentralized, its acceptable etc. Bitcoin is far better than fiat currencies and even Gold or Silver in my opinion.
if for investment I agree but if it says the best asset I disagree, not only because Bitcoin is always able to recover and create the best price then you can say this is the best asset, precisely because price movements are very volatile making it very unsafe to make asset.

We don't know what will happen to Bitcoin in the future or if we make Bitcoin an asset, of course it has a very big risk, we need it and the price of Bitcoin is dropping or other things.
so that's why I think Bitcoin is the best investment not as the best asset.
legendary
Activity: 2436
Merit: 1366
I think that it is dear OP. Just taking a look at last 10 year performances there is literally no better asset than Bitcoin. I don't think there are stocks that could do same. Bitcoin was only challenged by another coin, Ethereum. Crypto markets are literally crazy profitable. I enjoyed every moment I experienced with Bitcoin personally. It has nearly unlimited uses. Its functional, its decentralized, its acceptable etc. Bitcoin is far better than fiat currencies and even Gold or Silver in my opinion.
member
Activity: 737
Merit: 11
I think bitcoin has promising potential in the future, if we invest now and hold it for at least 20 years then we can become millionaires in the future, many analysts believe the price of bitcoin can reach at least $ 1 million in 10 years and some even say less than 10 years.
hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
Everyone will define bitcoin or refer bitcoin as best asset in the world due the kind of asset it venture into for investment,  so therefore I cannot refer bitcoin as best asset because it's a virtual currency, so therefore bitcoin has its own value likewise how other assets have their own value, so it depends on your ability to understand your areas of asset, example I referred landed properties kind of asset than bitcoin kind of assets and the reasons is best known to me.
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
Bitcoin is currently a good asset and has a huge potential to increase in value in the future.  An interesting statistic that I looked up, bitcoin is in the Top 12 good assets based on capitalization, ETH is in 34th place.
https://companiesmarketcap.com/assets-by-market-cap/
 That shows that bitcoin can absolutely rise to the top as the asset  trillion back in the future.  But in many ways “best asset” I think there will be no such asset, the risks that come with managing and storing assets like bitcoin still bring difficulties.  However, I think bitcoin has infinite future potential in terms of value.  I personally like to accumulate bitcoin and gold as assets with long term value and growth potential
hero member
Activity: 2408
Merit: 584
Why not, now more and more of the world's top companies are investing in bitcoin, the support of several exchanges such as crypto.com makes bitcoin more valuable and respected, almost every week I see UFC and crypto.com become official sponsors for almost 3 years.
The companies that are investing in Bitcoin or the exchanges that are supporting it are all doing it for their own benefits and not to make Bitcoin stronger or the best asset in the world, I don't say that Bitcoin isn't the best, it surely is, especially among all other cryptocurrencies, but when it comes to the safety of your investment, Bitcoin also has its risks.

There are other commodities or investment options out there that would keep your investment increasing over time without a decrease in its value, but Bitcoin is a volatile asset, and the value of your investment can change at any time from plus to minus and vice versa.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I do, but millions don't and that is the situation. I can't really blame the situation on other people neither, it's obvious that we can't just expect the whole world to think of it as the best asset.

Plus, it depends on your life situation as well, someone that is already rich may not consider it as an issue, and may not invest into bitcoin at all, for that person the best asset is the way they got rich, however they got rich, it's better to keep reinvesting into that, it would make sense. For me, it is bitcoin but I can understand how life could take me away from crypto and make me invest into something else as well, that is why I wouldn't expect everyone to think like I do.
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