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Topic: Does it make sense to invest in bitcoin? - page 3. (Read 653 times)

member
Activity: 267
Merit: 10
Of course it is. For me its always worth it to invest in bitcoin. As long as you are insightful and devoted into it, success will place itself upon you.
sr. member
Activity: 602
Merit: 250
You may have already tried many options: Capital Markets, Investment Funds, government investments, etc. What about investing in Bitcoin through digital media? Is it worth getting a loan to deposit to bitcoin? The virtual currency has recently been used in many industries as an extremely popular and main payment system. This article is intended to answer the most frequently asked question on this subject: is it worth investing in Bitcoin or is it logical? After reading the following information, you can find an answer to this question, even though it is not exactly a bit.

What Is Bitcoin?
Bitcoin (BTC) is a type of electronic currency, also known as Crypto money, developed by people and companies around the world. The thing to know about Crypto money is that it doesn't have a physical form. Bitcoin is not controlled by anyone or anything else (institution, etc.); however, except for all users who buy or sell.

What Are The Advantages Of Bitcoin?
There may be a way to make money – you have a high chance of losing money at the same time, so you need to know how the system works.
You can only purchase certain products and services using Bitcoin.
It's all over the world.
The system is transparent and neutral, so it can't be changed by anyone.
Payments can be made 24 hours a day, 7 days a week, because Bitcoin is not in any way related to banks.

Can I lose money?
Answer Yes, you can lose money when investing in bitcoin. That's why you're not so sure about the chances of winning, especially if you get a loan for this purpose. You can lose money in a very short period of time, as the Bitcoin price fluctuates frequently. The system is not pyramidal and is based on your ability to analyze time-bound fluctuations. You have to understand how it works and invest at the most appropriate time. If you don't, you risk losing a lot of money. This is especially true when investors are trying to make a decision.

Is the Bitcoin price too fluctuating?
Yeah, the price fluctuates. Investing in bitcoin is risky. The crypto market is very volatile. One year bitcoin may cost a few dollars, the next month may cost a thousand dollars, and after a while it may fall to the first amount. If you are an active investor, you can make big gains by making monthly purchases and selling Bitcoin. It should be noted that these investments can be taxed, just like all other investments, and your earnings will be taxed according to the state in which you reside. How to calculate the profit depends on the statement of income. Currently, bitcoin and other krypto currencies are not taxed in Turkey. However, according to government officials, there will be efforts to establish the legal basis in the near future.

I think the bitcoin is real with the profit in investing with bitcoin because I've seen and heard many investors who already get results from bitcoin
sr. member
Activity: 686
Merit: 250
Well if investment in Bitcoin didn't make sense than millions of people wont be investing in it in the first place. Bitcoin has been around for more than few years now and it is here to stay. If the past bull rallies aren't satisfying enough for you to think about investing in bitcoin than nothing can compel you to invest in it.
member
Activity: 588
Merit: 10


Is the Bitcoin price too fluctuating?
Yeah, the price fluctuates. Investing in bitcoin is risky. The crypto market is very volatile. One year bitcoin may cost a few dollars, the next month may cost a thousand dollars, and after a while it may fall to the first amount. If you are an active investor, you can make big gains by making monthly purchases and selling Bitcoin. It should be noted that these investments can be taxed, just like all other investments, and your earnings will be taxed according to the state in which you reside. How to calculate the profit depends on the statement of income. Currently, bitcoin and other krypto currencies are not taxed in Turkey. However, according to government officials, there will be efforts to establish the legal basis in the near future.



...i definitely agree on this statement..you cannot predict bitcoin price  in the next days as it is changing every minute...It is true that investing in bitcoin is risky,,but I may say that, if  your going to invest,,just invest money that you are afford to lose..be open minded and try to become a risk-taker..failure might give you pain,,but success will give you joy and prosperity..that's the essence of life,,there are ups and downs,,just be positive and believe in the power of Bitcoin that might change your lives in the future..
newbie
Activity: 210
Merit: 0
It makes sense to invest in bitcoins now, since the current price of bitcoins is not $7,500, and I believe there will be higher profits in the next few months.
newbie
Activity: 210
Merit: 0
Yes for me it make sense to invest in bitcoin, even it is risky to invest but I need to try like a gamble, I maybe lose or win atleast I tried.
newbie
Activity: 12
Merit: 0
I think it makes sense, if you have left over some money. Bitcoin will rise again, not sure when, but it will raise.
newbie
Activity: 84
Merit: 0
Does investing in bitcoin make sense, yes,even if it is risky and unable to have 100% sure of winning. Making money here is both informative and financially supportive. Even you have negative experience here, your time isn't loss. Why? even you had loss here, the information and the lesson from diffent btcoin investing makes sense.
newbie
Activity: 93
Merit: 0
why not it make alot of sense to invest in bitcoins,,its just that its demanding

Investing in bitcoins nowadays makes sense because of its popularity eventhough bitcoin is volatile.
legendary
Activity: 1456
Merit: 1023
As far as i know,many have invested in bitcoin and all i have heared is positive despite of bitcoin volatility.All you have to do is being strategic in dealing with it.Study its movement because anytime its value changes.But just be realistic that all businesses have ups and down.It is up to you then on how you manage your investment

That's why before investing in any of the products we should fix some targets for both profit and losses. If you reach your target then review the situation make a wise decision. Sometimes there are chances that its prices can still go up so you should sell partial quantity and keep with you so that if again go up then you can still make some money from it. Don't just always push your targets high and high once you reach your targets because with this strategy you will never make a money.
full member
Activity: 254
Merit: 100
Blockchain with solar energy
You may have already tried many options: Capital Markets, Investment Funds, government investments, etc. What about investing in Bitcoin through digital media? Is it worth getting a loan to deposit to bitcoin? The virtual currency has recently been used in many industries as an extremely popular and main payment system. This article is intended to answer the most frequently asked question on this subject: is it worth investing in Bitcoin or is it logical? After reading the following information, you can find an answer to this question, even though it is not exactly a bit.

What Is Bitcoin?
Bitcoin (BTC) is a type of electronic currency, also known as Crypto money, developed by people and companies around the world. The thing to know about Crypto money is that it doesn't have a physical form. Bitcoin is not controlled by anyone or anything else (institution, etc.); however, except for all users who buy or sell.

What Are The Advantages Of Bitcoin?
There may be a way to make money – you have a high chance of losing money at the same time, so you need to know how the system works.
You can only purchase certain products and services using Bitcoin.
It's all over the world.
The system is transparent and neutral, so it can't be changed by anyone.
Payments can be made 24 hours a day, 7 days a week, because Bitcoin is not in any way related to banks.

Can I lose money?
Answer Yes, you can lose money when investing in bitcoin. That's why you're not so sure about the chances of winning, especially if you get a loan for this purpose. You can lose money in a very short period of time, as the Bitcoin price fluctuates frequently. The system is not pyramidal and is based on your ability to analyze time-bound fluctuations. You have to understand how it works and invest at the most appropriate time. If you don't, you risk losing a lot of money. This is especially true when investors are trying to make a decision.

Is the Bitcoin price too fluctuating?
Yeah, the price fluctuates. Investing in bitcoin is risky. The crypto market is very volatile. One year bitcoin may cost a few dollars, the next month may cost a thousand dollars, and after a while it may fall to the first amount. If you are an active investor, you can make big gains by making monthly purchases and selling Bitcoin. It should be noted that these investments can be taxed, just like all other investments, and your earnings will be taxed according to the state in which you reside. How to calculate the profit depends on the statement of income. Currently, bitcoin and other krypto currencies are not taxed in Turkey. However, according to government officials, there will be efforts to establish the legal basis in the near future.


I agree, crypto market is very volatile, but that's the reason why people are still here. Coz you cant find it in any other market. Sure some coins can go down -65% in a day or even in a few hours, but some moves 200% or more in a matter of minutes.It's a matter of risk reward and money management here. Dont get caught up in between.
newbie
Activity: 27
Merit: 0
why not it make alot of sense to invest in bitcoins,,its just that its demanding
member
Activity: 350
Merit: 12
As far as i know,many have invested in bitcoin and all i have heared is positive despite of bitcoin volatility.All you have to do is being strategic in dealing with it.Study its movement because anytime its value changes.But just be realistic that all businesses have ups and down.It is up to you then on how you manage your investment
legendary
Activity: 1666
Merit: 1001
First of all it makes sense to invest in Bitcoin even it doesn't got any tangible form, many people already got big profit by investing in Bitcoin, but it's a high risk investment, learn about Bitcoin and how the market works before you start to invest and because of its fluctuation, the traders like to take advantage of it and make profit
full member
Activity: 1258
Merit: 104
Does it make sense joining in this forum if you're not trusting bitcoin? Well, it makes sense investing in cryptocurrency especially when you're gaining a lot from it. The answer to you question is try doing that thing for you to believe.

yes, if we do not believe that bitcoin can be used as an investment, it is better you do not have to use it from the first, because that's what it takes to trust bitcoin that bitcoin can go forward.
full member
Activity: 364
Merit: 100
With all the testimonies of successes with Bitcoin, I believe it does make sense. And even if BTC's price continues on rising, the opportunity to earn profit will always be available.
full member
Activity: 490
Merit: 101
From the look of things now; the red market, I will say another opening/window is now being created for you to come in and invest. The rise means your profit afterwards. Investing in Bitcoin is the Cryptocurrency investment in itself as it has made a lot of persons rich.
hero member
Activity: 686
Merit: 500
Why not? Bitcoin has turned many of its investors to millionaires and now,its the only high ROI giving asset through out the world.
newbie
Activity: 201
Merit: 0
of course the investment in Bitcoin is very reasonable, because bitcoin is a very valuable asset and its value continues to increase over time.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
I believe it does. Bitcoins have a limited supply of 21 million coins, and currently the price is somewhere around $7900 to $8100 and it will go up during the next couple of months. And some predict that it may even hit $100,000 soon. So there is a good chance that Bitcoins' price would increase and you can take profits if you invest it right now. However, due to the extremely volatility of the crypto markets you need to be very careful when investing. Basically do your own research and invest what you are able to lose. Most people still don't know about Bitcoins and people who do and invest are called early investors. So I am very confident that in the coming years many people will know and adopt bitcoin either as a rudimentary payment method or more often as a investment instrument, there by increase the demand for Bitcoins thus sky rocketing its price!

That's right. Surely, there is still a lot more money that can be gained from Bitcoin investments. Even though the market has been there for ten years more or less, it's still considerably is a young market that can still undergo and experience a lot of many different changes. And so, although the time for pioneering has passed, there are still lots of things that can be taken advantage of in the market, especially now that it's beginning to receive recognition from people.
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