Topic: Is Bitcoin STILL Good Investment? (Think Again) - page 2. (Read 1168 times)
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.
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.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
In my view bitcoin is worthy from investment point of view despite of so many opposition. I am not saying this because I am bitcoin community member but as a neutral expert.
If you see decade old history of bitcoin there is massive increase in its market cap and adoption rate. Good thing is its still increasing. Every new innovation face opposition in its early days and bitcoin has passed that phase successfully.
If you see decade old history of bitcoin there is massive increase in its market cap and adoption rate. Good thing is its still increasing. Every new innovation face opposition in its early days and bitcoin has passed that phase successfully.
"FUD" won't end if it talks about Bitcoin. we must respect every person's opinion but personally I see investing in Bitcoin as a wise decision, just look at the people who made the decision to invest Bitcoin 8 years ago, now their investment has gone up 1000x of capital. so Bitcoin is still a good investment.
Haters must say that thing to get rid all the newly and curios investor to have bitcoin. now a days a lot of opportunities has been appeared and a reason why bitcoin is still a good investment in more upcoming days. we should have a lot of info's to think and don't be discouraged about bitcoins situation. let's see how old investors prove that bitcoin is always a good investment and let's show it to new generations of investors.
If we could make people understand the ideological part of bitcoin instead of the "make money with bitcoin" then we will make sure bitcoin goes up as well hand in hand with that. I mean there is no way of bitcoin existing without satoshi nakomoto trying to find an alternative to fiat, people don't realize that this suppose to be the new currency that people use instead of fiat and how well it is and even nations are testing crypto currencies themselves right now.
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.
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.
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.
let alone you, who said as if giving a warning to people to think that bitcoin is no longer good to have. a JP Morgan one of the influential people at Crypto, he once said that Bitcoin is not good to have. after a few years after that incident do you know what happened? Bitcoin is still alive today. so I think if someone says that it's only part of his FUD so he can buy a lot of Bitcoin when prices start to fall.
Lots of them which is bearish towards bitcoin in the past becomes a supporter of it. Perma-bears is always there but we wouldnt know if they are accumulating underground.We cant really deny when it comes to its potential.We know its benefits and the tech behind this coin which do eases up when it comes to transaction speed and on being decentralized.
Im not surprised that there would always be criticism towards it but the community do know on what are the steps to be taken towards btc investment.
"FUD" won't end if it talks about Bitcoin. we must respect every person's opinion but personally I see investing in Bitcoin as a wise decision, just look at the people who made the decision to invest Bitcoin 8 years ago, now their investment has gone up 1000x of capital. so Bitcoin is still a good investment.
of course, bitcoin is the best investment at the moment in the last 10 years only bitcoin can rise from year to year. different from other investments. we see the hash of bitcoin miners is also increasing that means there are many mining companies mining bitcoin.
yes I think it still remains a good investment tool even though the current price of bitcoin has decreased. because I think there is no other investment that can return big profits like bitcoin. but of course large profits also have a large risk. but if we have the correct prediction and buy and sell bitcoin at the right time then we can minimize the risk of loss. and the last thing is the patience of bitcoin is very volatile we don't know when bitcoin will go up and down. so we must have patience to wait for the price of bitcoin to pump again. I'm always optimistic that bitcoin can reach $ 20,000 more.
Yes, Of course, but I accumulate BTC almost hourly rather than buying all at a one. I find this to be the best, most fun and also the least stressful way to invest. further, I chose one job over another because of which one agreed to pay me in bitcoin instead of dollars. I am at 100% accumulation effort now and only sell what BTC I must to pay my fiat bills.
Don't forget, Bitcoin is currently on it's most advanced technological level, and much-needed second-layer scaling solutions are being rapidly adopted, one exchange at the time. But not many people are aware of those developments as they have written Bitcoin off completely.
Don't forget, Bitcoin is currently on it's most advanced technological level, and much-needed second-layer scaling solutions are being rapidly adopted, one exchange at the time. But not many people are aware of those developments as they have written Bitcoin off completely.
let alone you, who said as if giving a warning to people to think that bitcoin is no longer good to have. a JP Morgan one of the influential people at Crypto, he once said that Bitcoin is not good to have. after a few years after that incident do you know what happened? Bitcoin is still alive today. so I think if someone says that it's only part of his FUD so he can buy a lot of Bitcoin when prices start to fall.
Lots of them which is bearish towards bitcoin in the past becomes a supporter of it. Perma-bears is always there but we wouldnt know if they are accumulating underground.We cant really deny when it comes to its potential.We know its benefits and the tech behind this coin which do eases up when it comes to transaction speed and on being decentralized.
Im not surprised that there would always be criticism towards it but the community do know on what are the steps to be taken towards btc investment.
let alone you, who said as if giving a warning to people to think that bitcoin is no longer good to have. a JP Morgan one of the influential people at Crypto, he once said that Bitcoin is not good to have. after a few years after that incident do you know what happened? Bitcoin is still alive today. so I think if someone says that it's only part of his FUD so he can buy a lot of Bitcoin when prices start to fall.
The tech geeks adopting crytocurrency lately does not admire the technology behind the project any more but the financial prospect that will come from it. You should wonder what Jack Dorsey is looking for in the space, as a rich tech and not creating his own cryptocurrency as well but preaching bitcoin everywhere. We have a profit of over 4x from bitcoin alone this year, which can be seen in any project or stock in a short period.
Honestly, there's a truth in what you've said. Few years ago it was all about the technology when everybody I must say tells about how great blockchain technology was but right now, it's all about the value and price of bitcoin.I think that's normal because many are aware of the potential of blockchain and it's about bitcoin alone now. And we're moving on to the mass adoption which is happening today despite of the bad look of the market lately.
If you will doubt if Bitcoin is good investment every time when the price goes down then it's better not to deal with it at all. Expecting that you will only make profit and never face loss it's not realistic and beleiveing that because of that Bitcoin is bad investment isn't rational.
There isn't any type of investment that will bring you only profit all the time. That doesn't exist, what comes up must come down, sooner or later.
There isn't any type of investment that will bring you only profit all the time. That doesn't exist, what comes up must come down, sooner or later.
Indeed a good store of value.
But is that the real purpose of it?
For now that might be the case and everyone is selling whenever they see a pump is happening.
Either a ROI or just a small profit.
For those who are saving money instead of banking this could be also the better idea rather than waiting for annual return which is just small.
But I believe it should not end that way.
But is that the real purpose of it?
For now that might be the case and everyone is selling whenever they see a pump is happening.
Either a ROI or just a small profit.
For those who are saving money instead of banking this could be also the better idea rather than waiting for annual return which is just small.
But I believe it should not end that way.
What is the point of Bitcoin?
Bitcoin is the first ever money with a known monetary policy that cannot be manipulated. It is digital and can be sent across the internet, radio or satellite. Gold is very difficult to transact…
It is a public ledger that cannot be cheated i.e. no fraud. It is the most attacked piece of software ever created and cannot be hacked.
It is decentralized meaning you do not need to trust a third party. You can send and receive money from anyone in the world, whenever you want, without anyone having a say in it and almost instantly.
It is borderless.
It is unconfistable meaning nobody can freeze your funds or prevent your access to them.
Bitcoin is the future. Start doing your research or you are going to be left behind.
As Fed Chair Powell put it last week when testifying ‘the national debt is growing faster than the economy and poses a threat to future generations.’ He also said he nor anybody knows what to do about it.
The current fractional reserve debt based system is unsustainable. Buy Bitcoin.
Indeed a good store of value.
But is that the real purpose of it?
For now that might be the case and everyone is selling whenever they see a pump is happening.
Either a ROI or just a small profit.
For those who are saving money instead of banking this could be also the better idea rather than waiting for annual return which is just small.
But I believe it should not end that way.
But is that the real purpose of it?
For now that might be the case and everyone is selling whenever they see a pump is happening.
Either a ROI or just a small profit.
For those who are saving money instead of banking this could be also the better idea rather than waiting for annual return which is just small.
But I believe it should not end that way.
I still thinking bitcoin is a good investment, although now the price is down again. Besides using bitcoin as an instrument of the investment, I will also use bitcoin for making a profit by trading because I see that there is a gap for the price. And when we are now seeing the price is down, we will see the rise of the bitcoin, so at that time, we can make a profit by selling the bitcoin. If you can use bitcoin with the right, I think you will not leave bitcoin because the price is down, but you will buy more bitcoin.
The fact is, everytime BTC price plummets, it instantly presents an oppurtunity to invest. How long can you hold the investment is purely dependent on your financial prowes. Which for most people getting into crypto these days, is not that strong.
So imo, BTC is still a good investment. You just have to judge when to get in and set an exit goal and stick to it.
means it's not an investment, it's a trade in my opinion, investing in Bitcoin seems to be less suitable, because the risk now is too big, So imo, BTC is still a good investment. You just have to judge when to get in and set an exit goal and stick to it.
if you want to take the risk Please, go ahead,
it's better to trade analytically, it will be more profitable This video makes the case why Bitcoin is in my opinion not only a good investment but the best investment you can make.
Any additional insights in how to best relate this to those who do not yet own any Bitcoin is appreciated.
It is important we help as many people as possible find safety in this financial climate and $244 trillion global debt crisis.
Thank you
https://youtu.be/ubL2RDg37Wk
Any additional insights in how to best relate this to those who do not yet own any Bitcoin is appreciated.
It is important we help as many people as possible find safety in this financial climate and $244 trillion global debt crisis.
Thank you
https://youtu.be/ubL2RDg37Wk
That is if many people will understand this. Surprisingly a lot of people haven't understand the true importance of Bitcoin till now.
They are still being skeptical if they should invest in it till now. Unfortunately, they will start running around buying high when the price of hit thousands.. Its a pity.
EXACTLY. Lots of fear in the markets right now. Long term this is an excellent place to dollar cost average in and pick up Bitcoin.
Looking back people are going to wish they had bought here same as when price was $3,500 late 2018.
Jump to: