Is bitcoin best option to invest - page 4.

Raflesia

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Quote from: sulendra12 on August 15, 2023, 02:55:35 PM

In other side, people would think Bitcoin is not the best option to invest because high reward comes with high risk as well especially if your emotions and mental are not strong enough to endure the price crashing anytime and it could take more than few months to recover. But, for us we would think Bitcoin is the best one because you can just simply buy and hold for few years and come back to see the reward.

People would say the investments are best for them because they know what to do and what to expect from that particular investment, same as stock trading. It depends on that person.

We have to realise that every choice depends on the person making the choice, so whether it is good or not, they have their own thoughts and opinions that they feel strongly about.
I personally don't really care about that because at the end of the day, all the decisions I make are a result of what I've seen and felt over the few years I've been in this world.

For the risk issue, it is one of the risks that we must be aware that all the behaviours we do will ultimately not be free from risk, so I think the risk we have when we are in bitcoin is proportional to what we get.
I don't really care about other people's judgements whether saying bitcoin is good or right because in my opinion it would be nice if I focus on the choices I make and when I decide to jump into bitcoin then I must be prepared with all the consequences including the risks that I consider as a process and form of my journey in bitcoin.

GeorgeJohn

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Bitcoin is a very good asset and while people like to invest in bitcoin is because its a decentralized currency, and secondly bitcoin investment you have the chance of making good profits in cryptocurrency investment, what I want you to understand is that investment opportunities is of different kind and we have series of investment in which you can invest on, so therefore bitcoin I believe that bitcoin investment should be one lucrative investment currently but it doesn't necessarily mean that its best option for investment, people who invest in bitcoin are doing so because of the value they find in bitcoin and that is while they invest in bitcoin fully, and whosoever that invest in bitcoin always love to invest more and people who are myopic over bitcoin investment will continue carry on with their scandals. So in summary bitcoin is an asset.

sulendra12

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In other side, people would think Bitcoin is not the best option to invest because high reward comes with high risk as well especially if your emotions and mental are not strong enough to endure the price crashing anytime and it could take more than few months to recover. But, for us we would think Bitcoin is the best one because you can just simply buy and hold for few years and come back to see the reward.

People would say the investments are best for them because they know what to do and what to expect from that particular investment, same as stock trading. It depends on that person.

Wimex

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Bitcoin has certainly captured the attention of many people as a potential way to build wealth, especially due to past success stories. throughout my life… But I have the mindset of not just investing there. That is why I want to emphasize the importance of promoting financial education and diversification of investments, for me the latter allows reducing risks by distributing capital in different types of assets, which can help protect against the volatility of any market in particular. I must say that I also agree that it is essential to teach the younger generation about a variety of investment options, including Bitcoin, but also other opportunities such as real estate, traditional businesses and other tangible assets… There is some degree of security, at least from me in an investment that I can see directly, but in the same way Bitcoin is not a secondary investment for me, as I said "I have it among my best investments"..

Rupok

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Bitcoin investment is the best option than other investments because Bitcoin investment is less risky. Cryptocurrency investment can make people rich easily, especially Bitcoin investment, so its popularity is increasing day by day. Since Bitcoin is a virtual currency, we should remember that there are risks as well as profits. Yes, so you can invest in different platforms without relying completely on Bitcoin investment. Basically no bitcoin for those who are skeptical of bitcoin investment and don't like to invest in bitcoin.Those who have more money have different opportunities for investment, that is, they can invest in other platforms as well as Bitcoin investment if they want.

uswa56

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Quote from: someone703 on August 15, 2023, 06:45:13 AM

When hearing about Bitcoin as a virtual currency on the web, many people may find it unrealistic or confusing.

What is interesting, however, is that Bitcoin has actually had a significant increase in community adoption and interest. Part of its value comes not only from its powerful blockchain technology, but also from the trust and participation of millions of users around the world. Creating a virtual asset with real value and realism depends on the level of acceptance and support from the community.

With the emergence of stablecoins and the connection of some cryptocurrencies with real value, there is an effort to create a stronger link between virtual money and reality. However, I understand that Bitcoin still faces many doubts and different views from market participants and investors. But community support and participation is an important part of shaping the value and future of Bitcoin.

We can see that over time and if positive things continue to happen then of course many people will think that bitcoin is a good choice for investment.
Currently there are many issues rocking Bitcoin, but this cannot be separated from the support and many people are getting to know Bitcoin, I have known Bitcoin for a long time, I think there is nothing to hesitate about investing, the risks and possible benefits are really worth it.

someone703

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When hearing about Bitcoin as a virtual currency on the web, many people may find it unrealistic or confusing.

What is interesting, however, is that Bitcoin has actually had a significant increase in community adoption and interest. Part of its value comes not only from its powerful blockchain technology, but also from the trust and participation of millions of users around the world. Creating a virtual asset with real value and realism depends on the level of acceptance and support from the community.

With the emergence of stablecoins and the connection of some cryptocurrencies with real value, there is an effort to create a stronger link between virtual money and reality. However, I understand that Bitcoin still faces many doubts and different views from market participants and investors. But community support and participation is an important part of shaping the value and future of Bitcoin.

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Quote from: MFahad on August 13, 2023, 02:23:08 PM

Those who think bitcoin as a job Always prefer the selling of everything and invest it in bitcoin but those who understand the fact and involve in bitcoin for only getting profit with income from another source too will never sell anything but they will save some amount to be put in bitcoin which is a good idea.

We should not depend fully on bitcoin because if we do it then at the time of lowering price we will not be able to eat well food at least. Physical business is more suitable because it is under the control of humans but crypto is neither control by human nor by any operating machine.

Investing is good but selling property to invest nah I don't I think I will advise that for anyone if anything should happen to the market it will definitely affect your investment, I prefer a situation where you use any money that you don't need to invest, one thing I despise is selling off my property, all is about planning and another thing is if you in possession or items you don't need you can sell to invest, and I see that we are on the same page, and depending on bitcoin fully is also not advisable better we have other sources of income so that we don't temper with our investment that is for does that have invested.

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Quote from: Onyeeze on August 09, 2023, 02:11:23 PM

Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Contemplating the realm of optimal investments, Bitcoin undeniably claims a distinctive spot in my roster of considerations. While the allure of substantial gains is magnetic, I find myself unable to fully channel my entire asset portfolio into the realm of Bitcoin, for every investment breed harbors its unique risk tapestry.

Diversifying across diverse assets such as equities, real estate, and gold imparts a heightened financial fortitude, a validation that transcends the wager of placing all bets on a solitary asset.

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Quote from: Afnan_faizah on August 13, 2023, 07:44:46 PM

It is just my opinion but I think there are many lazy people who invest in bitcoin but wants instant profit. I think bitcoin is not like a shortcut to become rich. people who get biggest benefit or profit are the early adopters it means they wait for long time until they can earn huge profit. Is bitcoin one of best investment? I think yes. is it gives instant profit? I think no.

Bitcoin does not make us rich overnight, but when compared to business or investment like gold and real estate, investing in bitcoin will make us rich faster than them. So it can be said that bitcoin is a shortcut to getting rich, and that is why you are here and I am like you. Early bitcoin investors waited for years to reap huge profits but if they invested in other assets, they would not have achieved such huge returns. They choose bitcoin because they want to get rich quick, we shouldn't deny that.

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Quote from: Onyeeze on August 09, 2023, 02:11:23 PM

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.

Agree and agree, There are three things that I see why these entrepreneurs are always one step ahead financially. for example someone who has understood market performance and is also proficient with Investments especially BTC. First he placed part of his investment in BTC and when the timing came from what he felt he released and invested in gold and when gold went up he released it to the market and changed it to USD and the behavior was repeated - repeated then he switched invest to others item assets , for example property, industry and others from the profits that have been obtained. meaning that he has felt, carried out and believed that what he was trying to do would be successful.

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Quote from: MFahad on August 13, 2023, 02:23:08 PM

Those who think bitcoin as a job Always prefer the selling of everything and invest it in bitcoin but those who understand the fact and involve in bitcoin for only getting profit with income from another source too will never sell anything but they will save some amount to be put in bitcoin which is a good idea.

We should not depend fully on bitcoin because if we do it then at the time of lowering price we will not be able to eat well food at least. Physical business is more suitable because it is under the control of humans but crypto is neither control by humans nor by any operating machine.

Bitcoin is not a haven, but it's already crested the reputation among all other coins. People risk their assets just to have a bitcoin reason why is they saw the potential it shows since from it's bottom and people already gained profit, knowledge and experience through out of it. They are now afraid to get late and miss out again for the next coming price ATH. Sure all people will join the hype of it. Reason this could be an option is the fast profit too because of the market volatility. Unlike other investment it takes over a months or years before they reach the profit they want or even the ROI but with the bitcoin you can deal with it in just a few weeks. Still have an essence of market manipulation.

Ayebabara

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Bitcoin is the best coin to trade and invest and there is no any other best coin to invest in. And any other altcoins are bullshit. They are all imitation of bitcoin but can not look and behave like bitcoin and that make bitcoin unique and good. Those who are investing in altcoins are just doing not to diversify their investment and nothing more. Bitcoin has taken over the blockchain. Bitcoin transaction is always in the mempool.

lousie9

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Quote from: OrangeII on August 14, 2023, 11:04:13 AM

Well, bitcoin isn't the only good investment out there. so many other investments. however, in this forum, most people will choose bitcoin as a good investment. Plus, people see investment potential differently the way some people choose bitcoin, real estate, business development, and more. Maybe it's good enough if you try to explain other investments to the people around you, but when he chooses one or already thinks that an investment is good, then you only need to provide the information you know about that investment.

Yes, you are right that there are still many good and potentially profitable investments besides Bitcoin, it all depends on belief and how we see opportunities in an investment. In my opinion, most of these forums will definitely and clearly choose Bitcoin as an investment which they think is good and has great potential because this forum is a forum for people who are more interested in discussing Bitcoin.
Actually, I think having any investment has good potential compared to if we don't have any plans to invest in the current era. The most important thing in investing is that someone understands what they are investing in and they must have confidence and comfort when they invest in their investment choices.

Litzki1990

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Short-cut investments have very little chance of success. There is no shortcut to success. It is never possible to make profit in one day by investing. Those of us who invest and can't wait too long see very little success. When a farmer cultivates paddy, he has to wait from the seed of the paddy till the harvest, and he has to take adequate care and maintenance of the land so that after a certain period of time, the farmer gets a good crop from his land. If the farmer planted the seed on the first day and reaped the crop the next day, would the farmer be able to harvest from that land? We must be patient in whatever we do. Without patience we cannot change the condition of life in a short period of time.

OrangeII

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Well, bitcoin isn't the only good investment out there. so many other investments. however, in this forum, most people will choose bitcoin as a good investment. Plus, people see investment potential differently the way some people choose bitcoin, real estate, business development, and more. Maybe it's good enough if you try to explain other investments to the people around you, but when he chooses one or already thinks that an investment is good, then you only need to provide the information you know about that investment.

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Quote from: lizarder on August 14, 2023, 03:37:34 AM

Quote from: Afnan_faizah on August 13, 2023, 07:44:46 PM

It is just my opinion but I think there are many lazy people who invest in bitcoin but wants instant profit. I think bitcoin is not like a shortcut to become rich. people who get biggest benefit or profit are the early adopters it means they wait for long time until they can earn huge profit. Is bitcoin one of best investment? I think yes. is it gives instant profit? I think no.

Talking about the best choices of several investments that have ever existed, maybe the general picture that we need to know, such as maintaining currency values and the power to generate profits in the long term. We often hear the term get rich quick in some people's statements about the investment journey they are on and there are many people who get caught up in statements like this because they don't try to make an analysis first. To be honest they are not actively involved in it and these statements only represent some of the incidents they have heard or read about in the media.

A simple example like this, when we invest $ 500 in bitcoin, can the value of $ 500 change to $ 5000 in the near future? it is impossible because it takes a process to bring to the amount of profit we expect, these are only some possible examples as an illustration of how all forms of seeking profit must go through a process. But I believe that bitcoin can bring someone to a better stage of financial independence and that's what I have seen in investing in bitcoin.

Have you ever taken the time to actually educate yourself about what it means in the current digital economy? Are you susceptible to being swayed by every media rumor and purported "investment guru" choking advice?

You can certainly imagine turning your 500 into 5k in your dreams. And who wouldnt? However, the real world is not some fairytale world; not at all. Profits require knowledge, planning, and most importantly, guts, particularly in a market as volatile as Bitcoin.

Bitcoin is not a magical cure-all that fell from the sky. Its a digital asset with advantages and disadvantages. It can push someone closer to financial freedom while simultaneously driving others to depth. So who are you?

Compromise me

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Bitcoin investment is best investment ,But it is too risk for a new person. Bitcoin is best only for those people who have knowledge about it working on it for a years.
New developer cannot get profit from Bitcoin investment because he does not have knowledge about Bitcoin market. If he will jump as a investor, he will get lose
from this investment. Which are knowledgeable
Person, they get huge profit from Bitcoin investing, but in comparison, new person loses his all money and come on road and he faces bankruptcy. Yes, Bitcoin is best for a person who have financial knowledge and he already invested in bitcoin and got profit from it.

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Quote from: Afnan_faizah on August 13, 2023, 07:44:46 PM

It is just my opinion but I think there are many lazy people who invest in bitcoin but wants instant profit. I think bitcoin is not like a shortcut to become rich. people who get biggest benefit or profit are the early adopters it means they wait for long time until they can earn huge profit. Is bitcoin one of best investment? I think yes. is it gives instant profit? I think no.

Talking about the best choices of several investments that have ever existed, maybe the general picture that we need to know, such as maintaining currency values and the power to generate profits in the long term. We often hear the term get rich quick in some people's statements about the investment journey they are on and there are many people who get caught up in statements like this because they don't try to make an analysis first. To be honest they are not actively involved in it and these statements only represent some of the incidents they have heard or read about in the media.

A simple example like this, when we invest $ 500 in bitcoin, can the value of $ 500 change to $ 5000 in the near future? it is impossible because it takes a process to bring to the amount of profit we expect, these are only some possible examples as an illustration of how all forms of seeking profit must go through a process. But I believe that bitcoin can bring someone to a better stage of financial independence and that's what I have seen in investing in bitcoin.

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