Topic: Do you think bitcoin ever be safe for any investment ? - page 19. (Read 4748 times)
for the moment I disagree with you,even though bitcoin is widely used by everyone for an investment but this doesn't mean that bitcoin investment is completely safe, especially in Indonesia bitcoin state is still not officially accepted it is of concern to us bitcoin users to more careful in making investments because so far there is no protection from any party about bitcoin investment security
bitcoin for me for everything such as investment and trade are all safe because the government has no control of bitcoin. because many of our society to use bitcoin part of their pedapatan every day, because in view of the other side bitcoin will continue to increase along the way time, so we will get good result, for its user.
Indonesian, man?
Anyway, I agree with you. Bitcoin is safe to use for almost every investment right now. You can buy physical stuff like yatchs or houses, as well as digital services or goods. Blockchain technology guarantees transactions can be easily stored and scanned online and also that once the money is sent it cannot be reverse.
There will always be a risk in investing, one must be responsible and learn how to properly or where to invest first in order to have safe investment. Not only in bitcoin but that's actually in general investing. Now, about the government not having a concern about the crypto-currency I think that's better because you don't have to worry about the taxes.
It's also kind of risky if the government does not have some sort of stand on bitcoin. It's not new for some countries not to fully recognize or adopt bitcoin yet since it is still somewhat being introduced or discovered in some parts of the world however most have either made a stand on whether bitcoin is legal or considered banned in a country. It's best that a country makes one for the protection of the bitcoin users among its citizens.
And yes, I agree that its risky to invest - not only with Bitcoin. Abide by the rule to only invest what you can afford to lose because there's a chance for that anywhere and it's best to make some research and study it first before making an investment decision.
I'm assuming you both are from locations where banks and money transfers are relatively easy with the systems that have been in place for decades. If you're in the US, you have many options. Banks that are trustworthy for the most part. You have FDIC assurance. The US dollar is a relatively stable currency. ACH transfers, while they take a few days, work great. Bitcoin is not meant for us.
Go to places with capital controls like China. Go to places with currency instability like Venezuela or Argentina, where the native government issued currencies are not as easily usable.
There bitcoin is actually welcomed with open arms. I bet more people in Venezuela use bitcoin on a daily basis just to survive and buy every day things than people who know what bitcoin is in the US.
The US and a few other countries that have stable currencies are the exception, not the rule. Bitcoin is meant for the rest of the world to facilitate easier transfer of money, to hold on to value what people currently have, and to easily use the currency for transactions.
Now a lot of people still don't have bitcoin, even those for whom the currency is really meant for. There's a finite supply. In a few years a majority of the world, say at least 4 billion worth will be trying to get their hands on just 21 million bitcoin.
I think the value will be there as an investment.
Go to places with capital controls like China. Go to places with currency instability like Venezuela or Argentina, where the native government issued currencies are not as easily usable.
There bitcoin is actually welcomed with open arms. I bet more people in Venezuela use bitcoin on a daily basis just to survive and buy every day things than people who know what bitcoin is in the US.
The US and a few other countries that have stable currencies are the exception, not the rule. Bitcoin is meant for the rest of the world to facilitate easier transfer of money, to hold on to value what people currently have, and to easily use the currency for transactions.
Now a lot of people still don't have bitcoin, even those for whom the currency is really meant for. There's a finite supply. In a few years a majority of the world, say at least 4 billion worth will be trying to get their hands on just 21 million bitcoin.
I think the value will be there as an investment.
Never thought of it that way. I didn't initially see Bitcoin as a conduit or way for those who don't have stable currencies for them to have a more convenient and easier way to facilitate the transfer of money. I didn't know that in the other countries, their native government issued currencies are not easily usable. I live in a third world country but somehow, the transfer of money is made easy because many services are available such as money remittances which may be accessed even for those who belong to the low class.
bitcoin for me for everything such as investment and trade are all safe because the government has no control of bitcoin. because many of our society to use bitcoin part of their pedapatan every day, because in view of the other side bitcoin will continue to increase along the way time, so we will get good result, for its user.
Bitcoin is now safe for investment. What we are seeing now the fall in prices is a temporary phenomenon. Yes and fall is difficult to call. Let me remind you that this year, bitcoin has increased its value by over 600%. Is that enough? Name me any other investment that can bring such income.
There will always be a risk in investing, one must be responsible and learn how to properly or where to invest first in order to have safe investment. Not only in bitcoin but that's actually in general investing. Now, about the government not having a concern about the crypto-currency I think that's better because you don't have to worry about the taxes.
At present situation government actually not so much concern about such kind of currency for that reason people are not so much interested for using this currency. it is now use as a electronic currency though computerized system.
in terms of purchase and sales bit coin holder's are safe but the lack of proper monitoring system by implementing different protocols client are demotivated for using this currency on investment projects.Every country's government should established a policy for securing those client who are holder of bitcoin like an cash or deposit account holders and this types of policy help to motivated bitcoin holders for investing different sector for establishing new entrepreneur in order to development of economical condition.
Bitcoin was originally created not to replace the type of currency that already exists.in terms of purchase and sales bit coin holder's are safe but the lack of proper monitoring system by implementing different protocols client are demotivated for using this currency on investment projects.Every country's government should established a policy for securing those client who are holder of bitcoin like an cash or deposit account holders and this types of policy help to motivated bitcoin holders for investing different sector for establishing new entrepreneur in order to development of economical condition.
Bitcoin is present to provide an alternative for electronic transaction, as its progress development, bitcoin become more big and used as one of investment field. Do everyone think the same?
Maybe yes, but certainly not everyone has their purpose why using this.
The larger the community, the more people believe to use it, so it can be concluded bitcoins are safe as an investment and used for other transactions.
Yes you're correct bitcoin is not created to replace other currency but it was created in order to meet the needs of the virtual community. So it is better to go beyond the reason why bitcoin exist so that you will understand the purpose of it. Bitcoin now is use to invest online and it is also one of the part time job of every people.
At present situation government actually not so much concern about such kind of currency for that reason people are not so much interested for using this currency. it is now use as a electronic currency though computerized system.
in terms of purchase and sales bit coin holder's are safe but the lack of proper monitoring system by implementing different protocols client are demotivated for using this currency on investment projects.Every country's government should established a policy for securing those client who are holder of bitcoin like an cash or deposit account holders and this types of policy help to motivated bitcoin holders for investing different sector for establishing new entrepreneur in order to development of economical condition.
Bitcoin was originally created not to replace the type of currency that already exists.in terms of purchase and sales bit coin holder's are safe but the lack of proper monitoring system by implementing different protocols client are demotivated for using this currency on investment projects.Every country's government should established a policy for securing those client who are holder of bitcoin like an cash or deposit account holders and this types of policy help to motivated bitcoin holders for investing different sector for establishing new entrepreneur in order to development of economical condition.
Bitcoin is present to provide an alternative for electronic transaction, as its progress development, bitcoin become more big and used as one of investment field. Do everyone think the same?
Maybe yes, but certainly not everyone has their purpose why using this.
The larger the community, the more people believe to use it, so it can be concluded bitcoins are safe as an investment and used for other transactions.
Yes but choice what you think trusted and get to know the person and the behind of what you invest better to be safe and give update everyday.
Bitcoin is safe invesment but be careful becaude even its safe they have possibility the price will decrease like today and if that happen your money will decrease also. But bitcoin is good investment and for sure you will earn profit if you hold it for few years.
economic conditions are different in every country, but today the world is experiencing modernization and is highly dependent on the digital world. and will greatly affect the cryptocurrency.
Bitcoin is good for investment purpose but had never been safe as some people think.
The volatility still exists with bitcoin, risk would be involved until volatility is not removed from bitcoin.
It's only government that holds the power to lessen risk from bitcoin by regularising its use.
The volatility still exists with bitcoin, risk would be involved until volatility is not removed from bitcoin.
It's only government that holds the power to lessen risk from bitcoin by regularising its use.
The only time Bitcoin is going to be a safe investment, is when people don't regard it as an 'investment' or 'trading coin' and when it's MAJORITY used as a currency and not as it is now which it is a coin that is mostly traded on exchange for massive amounts of profits.
Plus, the people that are 'invested' in Bitcoin right now are the people that are trying to make QUICK money out of Bitcoin as they think it's their way to getting rich, they will quickly find out it's not but they're the people that are ruining it for the rest of us.
So yes, but it will take some time.
Nice explanation super elaborate thumbs up for you . It is not always safe to invest bitcoin because it has a buble like value. But would recommend investing if bitcoin has a lower value to make profit after a month or so. Plus, the people that are 'invested' in Bitcoin right now are the people that are trying to make QUICK money out of Bitcoin as they think it's their way to getting rich, they will quickly find out it's not but they're the people that are ruining it for the rest of us.
So yes, but it will take some time.
The only time Bitcoin is going to be a safe investment, is when people don't regard it as an 'investment' or 'trading coin' and when it's MAJORITY used as a currency and not as it is now which it is a coin that is mostly traded on exchange for massive amounts of profits.
Plus, the people that are 'invested' in Bitcoin right now are the people that are trying to make QUICK money out of Bitcoin as they think it's their way to getting rich, they will quickly find out it's not but they're the people that are ruining it for the rest of us.
So yes, but it will take some time.
Plus, the people that are 'invested' in Bitcoin right now are the people that are trying to make QUICK money out of Bitcoin as they think it's their way to getting rich, they will quickly find out it's not but they're the people that are ruining it for the rest of us.
So yes, but it will take some time.
Wow, this is so accurate, took the words right out of my mouth. a proper currency cannot be a quick-getting-rich thing, if it is to be used worldwide for trading. Let's hope the future will have more stability.
People have found bitcoin investment as the safe haven after suffering from government policies and private investments.Bitcoin being out of the reach of government's hand itself means that its a safe investment which could not be devalued by the government at any time.
Yes that's true. Bitcoin is safe for investment for us because the government have no control to it. They cannot easily eliminate bitcoin without the permission of other people because nowadays bitcoin is started to become famous in every part of the world. This is a good sign that bitcoin cannot be controlled by the government unlike fiat money.
People have found bitcoin investment as the safe haven after suffering from government policies and private investments.Bitcoin being out of the reach of government's hand itself means that its a safe investment which could not be devalued by the government at any time.Critics may say that it is not safe but the early birds have already found it as a safe as well as a high return giving investment.
Seems safe enough to me.
For institutional investors, they might add a bit, but I can't see them really going hard on a crypto position.
It's safe enough for me to go in quite big as well. But people need to keep in mind that it's still one of the riskiest investments that can be made today and prepare properly. For institutional investors, they might add a bit, but I can't see them really going hard on a crypto position.
For me bitcoin is safe for any investment. But it still depends on how you handle your bitcoin. You should always know who you should trust when it comes to your money and you should know the proper ways how to handle it to avoid problems regarding money and bitcoin.
For me it is safe to invest in Bitcoin but I am not saying it is 100% safe because I think whatever organization, company or any source of money, there's no 100% guaranteed that it is safe for investment. Maybe as of this time it is not so safe so if you are doubting the safety of your investment, you are not actually forced to invest so you have the choice if you will going to invest or not.
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