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Topic: Is Bitcoin STILL Good Investment? (Think Again) (Read 1168 times)

sr. member
Activity: 756
Merit: 252
December 26, 2019, 11:34:18 PM
That is why everyone expects when Bitcoin will rise in price by at least a third.  If today we have $ 7,000, then the best investment is for a period until Bitcoin rises to $ 10,000.
People keep getting in trouble for this kind of expectations, we do not control how the bitcoin market moves, what would you do if the price of bitcoin reaches 9900 dollars and you keep waiting for the price of bitcoin to reach 10000 and then it crashes all the way back to 3000? I do not agree at all with people that have those kind of fixed expectations of the market, in my case I take whatever the market gives me regardless of whether the profit is high or low.
full member
Activity: 1204
Merit: 104
Long term investment is not recommendation for investing with bitcoin, but I think you can invest with bitcoin with short term way where you looking for chance with bitcoin have lower price and selling after higher price, don't waste many time with holding bitcoin because not worth again after many company and country want to make drama and banned using bitcoin.
One way or another, if someone invests in Bitcoin for the short term, so that if the price rises immediately to get real profit, then he will still have to wait a certain time to be able to make a profit, and none of the ordinary cryptocurrency users risks big capital for  investments in cryptocurrency in order to quickly get a good result, because the market is unpredictable.  That is why everyone expects when Bitcoin will rise in price by at least a third.  If today we have $ 7,000, then the best investment is for a period until Bitcoin rises to $ 10,000.
sr. member
Activity: 1288
Merit: 253
Long term investment is not recommendation for investing with bitcoin, but I think you can invest with bitcoin with short term way where you looking for chance with bitcoin have lower price and selling after higher price, don't waste many time with holding bitcoin because not worth again after many company and country want to make drama and banned using bitcoin.
sr. member
Activity: 1372
Merit: 264
Bitcoin is really good for making a profit and even you are a day or long-time trader you can still earn money but it will depend on how you analyze and observe the market. And, it will depend on how you do buy and sell and if it is correct.

And one thing that Bitcoin is really the superior cryptocurrency, it uses all over the world as a alterntive payment which is really good and can do much faster transaction and no hassle at all, you just need to wait for the confirmation.
sr. member
Activity: 2366
Merit: 448
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In my opinion bitcoin is still in a very good investment position, but in the long run and always provides a good and profitable return and only requires strong patience and will produce good results.
bitcoin is the most popular coin and there are still many people who believe in bitcoin as a good investment.
full member
Activity: 602
Merit: 101
Although the price of bitcoin is not as good as it was two years ago but I believe that it will definitely be repeated again, so I think bitcoin will still be a good investment, I hope so
sr. member
Activity: 1638
Merit: 255
Investments that get a quick return and profit is by investing in crypto or in bitcoin, so many people are enthusiastic about investing in crypto now. And because the use of the internet has become a necessity so many people who do business in the online world one of which is a business in the crypto industry that gets quite a lot of attention from investors.
sr. member
Activity: 756
Merit: 252
I would say for now and the next few years bitcoin is still a good investment, if you look at the history of bitcoin prices should still be and will be higher than 2017, we know half is hype. at least we can see it go double in the next 1-2 years.
Bitcoin was the best investment of the past decade, it will be a real challenge to find any other asset that gave better profits than bitcoin during that time, and while bitcoin cannot experiment the growth that we saw in the past when we take into consideration that only a few million people have decided to adopt bitcoin then it is entirely possible that bitcoin still has a massive potential as an investment and the only thing that you need to do to reap those rewards is to hold your coins.
Bitcoin is powerful investment tool but make sure that if we will invest is at a right time and moment. There are people who are ranting because they invest when the price of bitcoin is at the peak, their portfolio is now red because of the wrong timing. Being financial litearate psrson can bring us more wealth, if we have knowedge about how the market works then we can invest in a right time and make profit from it.
Even a great investment like bitcoin has bad moments from time to time, anyone that is losing money in this market should realize that what it is happening is completely their fault but that is really difficult to admit, people are always looking for someone else to blame like the whales, the volatility, the manipulation of the market and hundreds of different factors but they cannot hide the fact that there are many people that have got huge benefits out of bitcoin and if they are not is because of their mistaken decisions.
sr. member
Activity: 910
Merit: 261
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I would say for now and the next few years bitcoin is still a good investment, if you look at the history of bitcoin prices should still be and will be higher than 2017, we know half is hype. at least we can see it go double in the next 1-2 years.
Bitcoin was the best investment of the past decade, it will be a real challenge to find any other asset that gave better profits than bitcoin during that time, and while bitcoin cannot experiment the growth that we saw in the past when we take into consideration that only a few million people have decided to adopt bitcoin then it is entirely possible that bitcoin still has a massive potential as an investment and the only thing that you need to do to reap those rewards is to hold your coins.
Bitcoin is powerful investment tool but make sure that if we will invest is at a right time and moment. There are people who are ranting because they invest when the price of bitcoin is at the peak, their portfolio is now red because of the wrong timing. Being financial litearate psrson can bring us more wealth, if we have knowedge about how the market works then we can invest in a right time and make profit from it.
I think bitcoin is still the best investment, even it has a very low price today. Most of us do really have a big disappointment to bitcoin today because we are expecting too much that it will increase it's price before the end of this year of 2019, but i still believe that bitcoin will increase it's price sooner and later, all we need to have a patience and trust to bitcoin.
sr. member
Activity: 924
Merit: 275
I would say for now and the next few years bitcoin is still a good investment, if you look at the history of bitcoin prices should still be and will be higher than 2017, we know half is hype. at least we can see it go double in the next 1-2 years.
Bitcoin was the best investment of the past decade, it will be a real challenge to find any other asset that gave better profits than bitcoin during that time, and while bitcoin cannot experiment the growth that we saw in the past when we take into consideration that only a few million people have decided to adopt bitcoin then it is entirely possible that bitcoin still has a massive potential as an investment and the only thing that you need to do to reap those rewards is to hold your coins.
Bitcoin is powerful investment tool but make sure that if we will invest is at a right time and moment. There are people who are ranting because they invest when the price of bitcoin is at the peak, their portfolio is now red because of the wrong timing. Being financial litearate psrson can bring us more wealth, if we have knowedge about how the market works then we can invest in a right time and make profit from it.
sr. member
Activity: 756
Merit: 252
I would say for now and the next few years bitcoin is still a good investment, if you look at the history of bitcoin prices should still be and will be higher than 2017, we know half is hype. at least we can see it go double in the next 1-2 years.
Bitcoin was the best investment of the past decade, it will be a real challenge to find any other asset that gave better profits than bitcoin during that time, and while bitcoin cannot experiment the growth that we saw in the past when we take into consideration that only a few million people have decided to adopt bitcoin then it is entirely possible that bitcoin still has a massive potential as an investment and the only thing that you need to do to reap those rewards is to hold your coins.
sr. member
Activity: 1246
Merit: 285
~

But, there are too many people who try to "buy low, sell high" to make fiat profit without caring about the bitcoin itself and that causes bitcoin to be not loved by many people who lost money while price dropped. As long as we can make sure adoption continues and people realizes what bitcoin is, we will not have to cash out our bitcoins to fiat.
And this requires complex analysis, not just technical. Market acceptance, adoption, regulation, and other fundamental developments that are predicted to be able to influence the development of Bitcoin prices also need to be well considered. This decade proves that BTC is good enough if it is categorized as an investment, even though its volatility is high, but it provides enough opportunities for anyone who is able to adapt and survive. Being a holder is not easy, moreover,  the market situation is not always good. But it will be a wonderful reward when there is a big pump.
legendary
Activity: 1473
Merit: 1086
The same question comes back like a boomerang to every investor from time to time. It appears most frequently during stabilization ... or uncertain stabilization. This is a very nervous moment, because no one is sure that this is the end of price drops and should invest, or maybe better is wait, because the price will fall more and there will be a better opportunity to buy.
In fact, it all depends on what period we want to invest for. All those who kept Bitcoin long enough and did not sell it when it reached the bottom, certainly had the opportunity to sell at a profit. If someone wants to invest now, he must ask himselve if he is patient enough, because if he invest for a long period, I am sure that even if the price drops even more, he will still have the opportunity to earn.
I think that every investor is worried about which cryptocurrency is the most profitable for him to invest in, and therefore this issue will bother each cryptocurrency user for a long time until the cryptocurrency stabilizes in price.  Today, any action on the cryptocurrency market is like a game of chance, because to a greater extent everything depends on luck and how correctly the cryptocurrency is chosen for investment.

Bitfinex fuckery is getting even more interesting. Longs still continue to climb up for 23th consecutive day, +3% just two hours after weekly open but what is different now - we also have shorts starting to pile up like crazy first time since November low, +2.4k (+43%) just in the past 24 hours.

Too early to tell how this will resolve but the last time we had such a sharp rise in shorts was just a day before October epic pump.
legendary
Activity: 2282
Merit: 1035
The same question comes back like a boomerang to every investor from time to time. It appears most frequently during stabilization ... or uncertain stabilization. This is a very nervous moment, because no one is sure that this is the end of price drops and should invest, or maybe better is wait, because the price will fall more and there will be a better opportunity to buy.
In fact, it all depends on what period we want to invest for. All those who kept Bitcoin long enough and did not sell it when it reached the bottom, certainly had the opportunity to sell at a profit. If someone wants to invest now, he must ask himselve if he is patient enough, because if he invest for a long period, I am sure that even if the price drops even more, he will still have the opportunity to earn.
legendary
Activity: 2758
Merit: 1004
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only people who don't understand bitcoin, and say bitcoin is not safe and is only a HYIP / MLM, scam, etc. since bitcoin appeared and until now, the value of bitcoin has continued to increase. and this has proven that bitcoin is indeed a great investment place. not about money, about momentary pleasures, but about the future being built on a foundation of freedom and transparency.
because of that bitcoin is still the target of investors today. the proof, bitcoin dominant is still higher today, even more so if halving will occur. at this time large countries are starting to accept and adopt bitcoin. I don't know if you are waiting for something else to happen before saying that bitcoin can be a profitable investment.
sr. member
Activity: 1372
Merit: 264
Bitcoin really dominate the msrket even thou a huge dump already happenee before and i think those rumors and speculstion that bitcoin will go down below $2000 which means altcoin wilk sureky follow and value will decrease.

And for me Bitcoin is really a good for a long term investment because dthe value will increase maybe by next year and we jist need to wait for the right time.
sr. member
Activity: 2226
Merit: 347
only people who don't understand bitcoin, and say bitcoin is not safe and is only a HYIP / MLM, scam, etc. since bitcoin appeared and until now, the value of bitcoin has continued to increase. and this has proven that bitcoin is indeed a great investment place. not about money, about momentary pleasures, but about the future being built on a foundation of freedom and transparency.
They don't understand it because they don't want to understand. They will only change only if they saw some huge adoption and changes because of bitcoin. But if they will continue to be like that then we can't do anything to them. It is their choice so leave them and focus on how you will help the community with the bitcoin and accept those who want to embrace the blockchain technology.
sr. member
Activity: 1288
Merit: 253
Even though bitcoin is down to almost $7000. I can still say that bitcoin is still a good investment because bitcoin is still growing that more people still haven't discover bitcoin yet, so there is a huge chance that bitcoin will still continue to grow or increased it's price far from the price that it reach in the year of 2017, and that makes bitcoin a good investment.
Bitcoin Price for now i think still worth to buy if someone want. In case don't use all money to prepare if it can be down again. But in 2020, i think bitcoin price will make big profit for who bought at this level too because a lot of people already expected for highest price.
yeah, you alright but only some people who want buy bitcoin in this level and saving for the future. because people are dissapointed with bitcoin price at this moment, in my opinion people will buy when bitcoin give good alerts it will really increase high price because they doesnot take the risk
at this moment only people who really trust in bitcoin will buy it

Holding bitcoin with long term although for future investment is not good because we can't prediction with bitcoin price later, maybe with long term investing bitcoin price become very cheap and lower and maybe with long term holding we loss all assets in bitcoin, try get profit as soon possible when have reached with higher price sell your bitcoin and reinvesting after bitcoin down.
sr. member
Activity: 826
Merit: 250
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Even though bitcoin is down to almost $7000. I can still say that bitcoin is still a good investment because bitcoin is still growing that more people still haven't discover bitcoin yet, so there is a huge chance that bitcoin will still continue to grow or increased it's price far from the price that it reach in the year of 2017, and that makes bitcoin a good investment.
Bitcoin Price for now i think still worth to buy if someone want. In case don't use all money to prepare if it can be down again. But in 2020, i think bitcoin price will make big profit for who bought at this level too because a lot of people already expected for highest price.
yeah, you alright but only some people who want buy bitcoin in this level and saving for the future. because people are dissapointed with bitcoin price at this moment, in my opinion people will buy when bitcoin give good alerts it will really increase high price because they doesnot take the risk
at this moment only people who really trust in bitcoin will buy it
sr. member
Activity: 903
Merit: 391
Even though bitcoin is down to almost $7000. I can still say that bitcoin is still a good investment because bitcoin is still growing that more people still haven't discover bitcoin yet, so there is a huge chance that bitcoin will still continue to grow or increased it's price far from the price that it reach in the year of 2017, and that makes bitcoin a good investment.
Bitcoin Price for now i think still worth to buy if someone want. In case don't use all money to prepare if it can be down again. But in 2020, i think bitcoin price will make big profit for who bought at this level too because a lot of people already expected for highest price.
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