Is Bitcoin STILL Good Investment? (Think Again) - page 4.

Hippocrypto

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Quote from: inthelongrun on November 19, 2019, 07:23:29 AM

Bitcoin price dropped many times and people think it will continue going down and ending is near. It happened many times already and bitcoin always recovers. Last year I was too discouraged after losing hundreds of thousands of dollars, I sold most of them so I can have peace of mind. But later I realized that if I continued to hold most of my bitcoins I could've saved some instead of dumping them at the lowest price level.

Don't decide dumping of an asset without any good purpose, but once you're temped to do it I guess buying back will follow. Realizing a mistakes will tend to set all things according to the potential of each and every holdings, before gaining the best and sustainable profit. Our investments will only be worthy, once greener days would happen again for the entire cryptocurrency world.

danherbias07

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Quote from: HardFacts on November 18, 2019, 12:37:11 PM

Bitcoin got a boost when Chinese president Xi Jinping endorsed cryptocurrencies in a speech. What all the bitcoin fanatics missed was that President Xi was talking about a CHINESE GOVERNMENT BACKED crypto, with all the benefits of the block-chain. I would take a GOLD BACKED Chinese crypto currency any day over bitcoin which is backed by NOTHING.

Hard Facts

Do you really believe that bitcoin fanatics are that foolish to just make that assumptions.
We talked about that here after what happened.
We know that it is the blockchain which he is talking about an not bitcoin.
If ever bitcoin got a little boost from it then it is not the fanatics fault but the new ones who are jumping into conclusions without even making a research.

Don't just state something when you haven't even been around here for a long time.

royalfestus

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Quote from: gogoi on November 18, 2019, 12:05:16 PM

This video makes the case why Bitcoin is in my opinion not only a good investment but the best investment you can make.

If you have already made up your why the topic with such a question tag. Bitcoin and few top coin in the coinmarket have small risk in investment. The worst you can see is 1335 days before you make profit in bitcoin. It has the liquidity, community and volume, though it may not have the use case one will expect from new crypto but it a reliable asset. It is suggested that 35 bitcoin Hold at this time is good decision for retirement plan.

inthelongrun

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Bitcoin price dropped many times and people think it will continue going down and ending is near. It happened many times already and bitcoin always recovers. Last year I was too discouraged after losing hundreds of thousands of dollars, I sold most of them so I can have peace of mind. But later I realized that if I continued to hold most of my bitcoins I could've saved some instead of dumping them at the lowest price level.

superving

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Bitcoin and other altcoins are good investments as long as you bought them cheap and sold them at a higher price. Bitcoin is good to buy at its current before the bull run , and what is good in bitcoin is its for long term investment.

barota

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for sure bitcoin is the good investement; i think you are touched from the falling of price; you must hold your bitcoin till halving and after that directly you will see deacrease in market or total supply of bitcoin then fast rise in prices bitcoin always
lets say that falling in prices happend most every year

1Referee

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Quote from: HardFacts on November 18, 2019, 03:16:12 PM

Thinking that Bitcoin will always have more value than other cryptos just because it was first is so utterly stupid, it is laughable.

Hard Facts

Hard fact; people thinking that an altcoin would appear and overtake Bitcoin in market cap are punished for holding that crap.

Important factor is the network effect of Bitcoin. It's can't be replicated within this environment where lawmakers are increasingly tightening the freedom people have. Everything that's being launched will either be deemed a right off the bat scam or a centralized security.

Another hard fact; there is nothing in the altcoin crap space that can even overtake Ethereum (and probably never will) while the gap between them and Ethereum is orders of magnitude smaller, lol.

wildan88

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Quote from: piebeyb on November 19, 2019, 02:10:01 AM

Quote from: gogoi on November 18, 2019, 12:05:16 PM

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

that's why I still hold it up to now and only sold a few to buy it cheap some time ago, maybe now I still continue to supply BTC in my bag, because I believe bitcoin is the best investment and history will repeat itself soon in 2020 - 2021 , at least take advantage of the current time when fools sell it cheap at the moment, by the way thanks for your explanation of the video

I hope so, the current decline is very good used as a momentum to continue to buy or collect bitcoin as much as possible, what as you say, even about halving before and in the future it makes me sure bitcoin will increase even higher in 2020-2021.

piebeyb

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Quote from: gogoi on November 18, 2019, 12:05:16 PM

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

that's why I still hold it up to now and only sold a few to buy it cheap some time ago, maybe now I still continue to supply BTC in my bag, because I believe bitcoin is the best investment and history will repeat itself soon in 2020 - 2021 , at least take advantage of the current time when fools sell it cheap at the moment, by the way thanks for your explanation of the video

Juggy777

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Quote from: gogoi on November 18, 2019, 12:05:16 PM

This video makes the case why Bitcoin is in my opinion not only a good investment but the best investment you can make.

I don’t like self promotion of videos here hence I’ll give it a pass, but you’re on the right track because investing in bitcoin for the long term will generate high returns for the investors. Also Investors are getting smarter now and they know that inflation is rising, and recession is just around the corner and investing bitcoins is the only thing that can save thier hard earned money.

bitvalak

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Quote from: gogoi on November 18, 2019, 12:05:16 PM

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

Bitcoin cannot save the global debt crisis because the whole currency used is FIAT.
Almost all investments are good, depending on how you are able to discipline in carrying it out. Because most people can only say but can not run it.
At least you must have an investment in real goods before you decide to invest in the crypto world so you don't feel disappointed if something bad happens to your crypto assets.

adaseb

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Quote from: gogoi on November 18, 2019, 03:16:34 PM

Quote from: qwertyup23 on November 18, 2019, 12:29:24 PM

The reason on what makes Bitcoin a relatively good investment is its volatility and decentralization which leads to its fluctuation on its price. Depending on the price on the market, one has the opportunity and potential of doubling their initial investments in a short-amount of time compared to the traditional methods of investing present in the market.

What it lacks is the security and guarantee of your investments, unlike in stocks and bonds, there is a security and collateral in-case your investment losses.

That is not true. If you "own" AAPL (Apple) in your brokerage account you DO NOT own Apple shared.

That is a common misconception similar to the money in the bank being yours. Once you deposit the funds it is no longer yours.

With Bitcoin you own your own keys. Period.

What are you talking about? When you buy shares in a company you technically own a small portion of that company. This is the reason why the stock markets exist. Companies want to raise capital and one way is to go public with an IPO so they sell shares which represent stock in the company.

The company does well, the Earnings per share will increase since the company is worth more and the stock price will go up and you willl make more money.

But you actually do own part of the company. You don't is when you buy an AAPL call because you are just buying the call for speculation and most likely will sell before expiry, if you execute the call then you are a shareholder.

mk4

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Quote from: qwertyup23 on November 18, 2019, 12:29:24 PM

What it lacks is the security and guarantee of your investments, unlike in stocks and bonds, there is a security and collateral in-case your investment losses.

Since when did stocks and bonds have guarantees as investments? Though the chances are lower depending on your picks, there's definitely no guarantees of making money with stocks regardless of holding duration. You might think that because the stock market have been in a multi-year bull market, but it's simply false.

arwin100

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Jack of all trades 💯

In terms of online investment we cannot find any safe here and always there's a risk and agree with you even those big commodities we still cannot get any guarantee to earn on it since there certain dangerous fluctuation will happen anytime and unexpectedly that can make us lose or earn that's why we need to think smart for the actions of the market so that we can earn. But if people cannot risk and don't know on what they are into maybe it's best for them to find a best person to teach them so that they will go run smooth in this industry.

Pamadar

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Quote from: gogoi on November 18, 2019, 12:05:16 PM

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

Bitcoin already proven it's worth back then, and with the demands of adoptions it will be much better to hold this assets and wait for additional
years as it will bring more passive benefits. You don't need to doubt, though you need to work with your understanding to make sure that you are
entering in the right trend. Patience and trust will enhance your chance to make more things positively out from this industry.

iamsange

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Quote from: ecnalubma on November 18, 2019, 08:39:43 PM

Yes no doubt Bitcoin is the best alternative but also a very dangerous investment. As the Bitcoins volatility maintains more investors would like to get involve due to its nature and the potential profit that they can get which is far different from traditional assets like stocks and gold.

Every investment, should have risk behind it. Even stocks and gold have risk,and we as investor should know it before make investment. But, although bitcoin have bigger risk with it's volatile, i think it can be investor's challenge because if bitcoin price moved or maybe get pumped, it can be more profitable than stocks and gold.

yulionoo

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yes of course bitcoin is still a good investment tool. the increase in value can produce more profits than stocks. but of course big profits also have a big risk. bitcoin can go to the moon and give us big profits but it can also make us lose when it dumps. but if we always do research before making a buying or selling decision. I think we can avoid the risk of loss. and of course in investing bitcoin we must be patient and not easy to panic.

maxreish

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Quote from: gogoi on November 18, 2019, 12:05:16 PM

Any additional insights in how to best relate this to those who do not yet own any Bitcoin is appreciated.

Well, at least the video will still convince non-bitcoiners to change their mind and invest bitcoin. Not all will gonna agree that bitcoin is the best investment. There are physical investments like gold, real estate, stocks, etc.

Quote

It is important we help as many people as possible find safety in this financial climate and $244 trillion global debt crisis.

Safety in financial climte and global debt? In investing bitcoin? It's not easy. We can help people by opening their eyes for new opportunities like bitcoin but seems we are still having some hindrances from doing so.

alexsandria

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Bitcoin has been always a good investment, and an interest for people who look life beyond the ordinary, and in addition willing to take a risk. Bitcoin is an investment wherein you are like stepping on a half chance of success and as well failure, this chance has to be addressed in a way of appropriate knowledge and approach. Thus, it is highly dependable on yourself, of course and in time manner.

LUCKMCFLY

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No doubt, Bitcoin is the only way of investment that will be profitable forever ... There are reasons to spare:

1.- It has history (10 years)
2.- Technology.
3.- Fast transactions.
4.- Adoption is a fact, little by little it has gained more ground.
5.-Bitcoin is the King, it doesn't depend on anything, the Altcoins all depend on Bitcoin King.

It is currently a 3rd option after Visa and Master Card, which will scale that position sooner rather than later, people prefer to shop there, it has a low correlation with respect to traditional assets and represents a deflationary economy, it is a refuge to safeguard the value of money, especially in countries with high inflation and economic turbulence, that is, it is digital gold.

No Altcoin gets close to Bitcoin, what they do is follow, Bitcoin is the one who always marks the way. Therefore it makes it the best investment option.

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