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Topic: Is bitcoin a good way to invest your money ? - page 72. (Read 16838 times)

full member
Activity: 644
Merit: 103
September 08, 2017, 08:46:06 AM
#82
Bitcoin is a deflationary currency, so if you invest in it now you will earn a considerable amount of money. Not only that, it still has room for improvements--thus making it one of the reasons why is is a good investment. Also, the risk is low since it is more regulated now compared to its early days.
full member
Activity: 241
Merit: 100
September 08, 2017, 08:32:39 AM
#81
I think investing in bitcoin is not good let alone invest all the money in bitcoin form, because it is easily taken by the heaker if less alert.
sr. member
Activity: 294
Merit: 252
September 08, 2017, 07:56:08 AM
#80
Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
For me, bitcoin is good investments. I guess if I am not mistaken many become rich because of holding bitcoins for a long time. Aside from that bitcoins has big interest compare to money when storing at the bank. It has only a little interest rate and it just like putting your money with nothing.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
September 08, 2017, 07:48:11 AM
#79
Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
Here we can't directly say that bitcoin is a better option for the investment but you will tell that which is more better than Ofcourse this is bitcoin .
Here currently the price of the bitcoin is high so bitcoin can't speedily rise and it will surely take long time .
So if you want invest bitcoin for long term then better option for you is only bitcoin then for what you are thinking like land or properties because in my opinion the growth in the price of the bitcoin is more faster than in lands like field.
So use bitcoin only if you are going for long investment and use bitcoin for payment purpose also because this is that thing which is making us more valuable and easy to handle and also in bitcoin you don't need to go for long long procedure of writing papers to own the offline things , so choice is yours that for which you want go .
hero member
Activity: 1764
Merit: 584
September 08, 2017, 07:34:01 AM
#78
Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.

I'm assuming you're asking how it compares to other investments mentioned. It's an OK investment, provided you already have other investments as well.

You mentioned land. It's a good investment too since the price don't go down. Prefer real estate over idle land though... unless you have good reason to think the land would greatly rise in value. For example, maybe you got inside info that a national road would cut through the plot, etc...
hero member
Activity: 1008
Merit: 501
September 08, 2017, 07:01:25 AM
#77
If the price is continue rising well i guess it is good way to invest ,but let see we don't know what happen for bitcoin in the future, but im hoping about the others say that bitcoin will be a good future for us.
I agree with you its good and nice to invest if the price is continiously to grow or to rise and increasing. But its to risky to invest its up to you if you want to invest but  for sure investing in bitcoin is a nice way to get a high profit.
now prices are still on an upward trend, if you invest and buy bitcoin now you will certainly have a chance of profit in the short term, and that is a rare opportunity. buying bitcoin now is the right choice dude
sr. member
Activity: 476
Merit: 250
September 08, 2017, 06:59:34 AM
#76
I think bitcoin one of the investments can give very good profit but you must think about invetation of virtual currency like bitcoin have a high risk because the price of the coin still very fluctuating, so it is very necessary to think before you make investment, I personally don't have enough capital to invest bitcoin but I am trying to collect bitcoin from following projects give the reward bitcoin.  Grin
full member
Activity: 518
Merit: 104
PUFFY FINANCE
September 08, 2017, 06:44:03 AM
#75
I see bitcoin is a good way to invest your money than saving in the bank with very low interest.
Bitcoin value is appreciating over time, and if you are able to hold your bitcoin for long time you may get high return on investment.
full member
Activity: 173
Merit: 100
September 08, 2017, 06:12:24 AM
#74
Yes, bitcoin is a very good investment that grows every day, despite the bad news. It should be tried to keep as long as possible to become rich and do not need anything.
hero member
Activity: 588
Merit: 500
September 08, 2017, 06:02:09 AM
#73
bitcoin is good investment, you can get high return if investment and trading bitcoin
but still have risk, if you have not skill you can lost and reduce youre money
legendary
Activity: 1372
Merit: 1008
September 08, 2017, 05:48:26 AM
#72

Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.

I think bitcoin is a good way to invest your money yes, but I don't think it's the best way to invest your money. I think (if you're young), you have more safer, better options in terms of long term investments for retirement plans and such. However, if you're older or you want to designate some of your cash for investment, I think that investing in the stock market is a better option because you have more information to base your investments on. You can read about quarterly sales and predict whether or not a company will do well. The only hard part is knowing when to sell after an upwards trend.
I think one of the reasons why bitcoin is said as a risky investment is because of fluctuations, otherwise it may not be too dangerous. #imo
but I can guarantee that whoever you are old or young, you just have to buy bitcoin and hold it for a few years as a long-term investment, you do not need to learn anything about bitcoin (if you old) you just need to be patient waiting and you'll get a big advantage because bitcoin prices will definitely be higher in the next few years

hero member
Activity: 1008
Merit: 510
September 08, 2017, 05:45:44 AM
#71
Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
Well I guess investing bitcoins is good but do not put all your money there because we do not know then what might happen to your wallet I mean if you can forget your wallet or the password, just save what is enough for you to loss or just save your earnings in bitcoins if possible.

Bitcoin can be a good way to invest or even just store your money depending on your situation. It is still a high risk investment so you should probably not put all of your money into Bitcoins. But it could be a good way to make a nice profit if you hold for a few years.

Also some countries have currency with very high inflation. In these situations people could store money in Bitcoin to avoid inflation and to actually make a little extra money.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
September 08, 2017, 04:54:04 AM
#70
Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.

I would say that Bitcoin is a very solid investment and it is virtually risk free at this stage.
Yes, profits will never be as high as if you had invested early in 2010, but it is still a solid and trustworthy investment. The best way to earn bitcoin is to just buy up and hold onto it. You can also try altcoin trading, however that is more risky. If it is done properly and smartly, then it can yield much larger profits than just holding onto bitcoin itself.
I don't think that bitcoin is a risk free because it has always risk in every investment and in bitcoin there is a high risk since its price is very volatile but trading altcoins can lower that risk to lose money in holding bitcoin because if you trade that coin then you can earn more bitcoin which will be added to your amount of bitcoin and even the price goes down you can cope with it because you have bitcoin that is keep on growing.
full member
Activity: 322
Merit: 134
September 08, 2017, 03:46:38 AM
#69
Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.

I would say that Bitcoin is a very solid investment and it is virtually risk free at this stage.
Yes, profits will never be as high as if you had invested early in 2010, but it is still a solid and trustworthy investment. The best way to earn bitcoin is to just buy up and hold onto it. You can also try altcoin trading, however that is more risky. If it is done properly and smartly, then it can yield much larger profits than just holding onto bitcoin itself.
full member
Activity: 250
Merit: 105
September 07, 2017, 11:52:19 PM
#68
Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
In my own opinion, I consider investing money in bitcoin is good. But of course, do not invest all your money in bitcoin, make investment in others, so that, in case there's an unexpected event happened in bitcoin you won't lose all your money because you make investment in other things. Be a wise decision maker, when and where to invest your money.
full member
Activity: 209
Merit: 100
September 07, 2017, 11:36:39 PM
#67
Investing your money is the best way to double or to make more profitable than holding waiting for a big surprise. But you must be carefull in doing investment especially through internet  because there is a lot scammers around. Your smart choice is very important in making investment and accept also that sometimes you might loss but positively more on profit if how to deal with it.
It's a great idea to invest your money into bitcoin but you must also think the risk it involves. However it will really double the money you can invest onto it and you will really earn, but it's unpredictable because the price is changing and not that consistent. But if you don't have that right amount of fund to invest you could just invest your time and effort and try to join signature campaigns.
sr. member
Activity: 294
Merit: 252
September 07, 2017, 11:23:11 PM
#66
Savings in banks Deposits in banks Property investments, such as buying property (land and buildings) are then leased or resold after some time later. Gold investment, such as buying gold and then stored for the long term. May be useful in the long run. and produce a decent and satisfactory. or farming to buy sawan and gardening and planting fruits and vegetables is a very good investment. Although a little vulnerable to failure but it could not hurt to try.
For me yes it is bitcoin is a good way to invest but I just want to say this do not invest all your money in bitcoins just invest enough that you can store for a long time and hold. many people earn bitcoins and by mean of trading and other businesses online many got earn bitcoins.
sr. member
Activity: 1162
Merit: 258
1xbit.com
September 07, 2017, 11:17:16 PM
#65
I don't know if bitcoin is a good investment, but to my knowledge bitcoin has more risks than from an investment what op says, because bitcoin prices are only determined on demand and supply so we don't know the price of bitcoin later in the future, But bitcoin investments have a bigger profits than other investments seen the bitcoin prices from the past until now.
legendary
Activity: 1148
Merit: 1048
September 07, 2017, 10:58:04 PM
#64
If the price is continue rising well i guess it is good way to invest ,but let see we don't know what happen for bitcoin in the future, but im hoping about the others say that bitcoin will be a good future for us.

Bitcoin price is unpredictable but it is a good move if you invest your money in bitcoin instead you put your money in the bank bitcoin has a good technology & potential in the future as of now the price are rising and there's a lot of country are accepting/adapting bitcoin.



that unpredictable price might be a boon to less experienced investors; old money will be wary to invest substantial amounts of value into cryptos.

this is why we dont have an etf yet; the price makes this class of asset only really suitable for venture capitalist/angel investors. if i was investing, say, my retirement into cryptos; i would have ample butthurt if the asset devalued 50% because of a hack, or a major scandal. when you park large amounts of value, you want the certainty that the asset will be secure, for some time. thusly, gold, stocks (only a little bit less risky imo), physical assets, and property. bitcoin is liquidable (up to a point) but it is ephemeral.

Also, the vacuum of regulation also adds to the inherent risk of holding long term cryptos.

Worth the risk Wink
full member
Activity: 434
Merit: 168
September 07, 2017, 10:39:32 PM
#63
If the price is continue rising well i guess it is good way to invest ,but let see we don't know what happen for bitcoin in the future, but im hoping about the others say that bitcoin will be a good future for us.
I agree with you its good and nice to invest if the price is continiously to grow or to rise and increasing. But its to risky to invest its up to you if you want to invest but  for sure investing in bitcoin is a nice way to get a high profit.
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