Is Bitcoin the best investment at the moment?

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Quote from: bestcoins1 on September 18, 2022, 03:35:26 AM

Quote from: Rana590 on September 17, 2022, 04:44:36 PM

I hope November will be a great month for crypto industry. It is still best opportunity to us for buying Bitcoin at a lower price and we can afford this price. Long time investment on Bitcoin is a wiser decision to get huge profit. Obviously we should avoid panic sell and market analysis is highly recommended.

Now to what extent have you analyzed the market and how sure are you that you will not panic if there is a further price decline in the market ?
As everyone is now hoping for the best for next month and November as well as you said, but the probability of that happening is also uncertain, but yes investing long term in Bitcoin is still a very wise decision right now.

Everyone hoped for an improved market situation in March, April, May, June, July and August. And something tells me that the bad market situation could last for a very long time, right up to the next halving. Of course there could be local bounces, but I expect the bear market to last for a long time.

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Quote from: serjent05 on September 05, 2022, 05:52:21 PM

In the cryptocurrency industry, I also think Bitcoin is the best investment at the moment. There are others that can give us better profit than Bitcoin but the risk involved is unimaginable. Those altcoins that live on hype can give us huge profit but can also leave us bag holding worthless coins. So in profit/risk ratio, nothing beats Bitcoin to be the best investment on the crypto industry at the moment.

You said it right that no other asset either in stocks, commodity or Forex market is comparable to Bitcoin in terms of return it gave to its investors when we track its performance since 2009. No other digital asset including Ethereum could win the confidence & trust of investors as Bitcoin does because it is super secure, scarce & most decentralized.

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Quote from: Vinaa77 on September 24, 2022, 10:56:22 AM

Quote from: SexyPepper on February 10, 2022, 01:43:06 PM

Is Bitcoin the best investment at the moment?I've been trading options on BTC for about three years now, and I've made significant gains, how does everyone invest?

Of course Bitcoin is the best investment right now. In my opinion, Bitcoin moves on faster than Gold. In a very short time, Bitcoin has set a record as the highest value investment asset. Apart from that, Bitcoin investments are not limited to a certain level. Unlike other asset investments. If you have $ 10 dollars, you can invest in Bitcoin without having to go through the process and conditions that are too complicated. But if you have $10, you can't necessarily invest in real estate.

I don't think there is any easy answer. It all depends on your personal situation and what your long term goals are. You can consider the two aspects: short term, in which Bitcoin probably is the best investment in recent history, or long term, when it might be not that good idea to put all your eggs in one basket. But, I enjoy investing in Bitcoin and it might be something that is here to stay at least for some more years. It has a high value but is still volatile and hard to predict. Only time will tell how well Bitcoin will fair in the long run.

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Quote from: SexyPepper on February 10, 2022, 01:43:06 PM

Is Bitcoin the best investment at the moment?I've been trading options on BTC for about three years now, and I've made significant gains, how does everyone invest?

Of course Bitcoin is the best investment right now. In my opinion, Bitcoin moves on faster than Gold. In a very short time, Bitcoin has set a record as the highest value investment asset. Apart from that, Bitcoin investments are not limited to a certain level. Unlike other asset investments. If you have $ 10 dollars, you can invest in Bitcoin without having to go through the process and conditions that are too complicated. But if you have $10, you can't necessarily invest in real estate.

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Quote from: Sayeds56 on September 18, 2022, 12:30:17 AM

Quote from: serjent05 on September 05, 2022, 05:52:21 PM

In the cryptocurrency industry, I also think Bitcoin is the best investment at the moment. There are others that can give us better profit than Bitcoin but the risk involved is unimaginable. Those altcoins that live on hype can give us huge profit but can also leave us bag holding worthless coins. So in profit/risk ratio, nothing beats Bitcoin to be the best investment on the crypto industry at the moment.

You said it right that no other asset either in stocks, commodity or Forex market is comparable to Bitcoin in terms of return it gave to its investors when we track its performance since 2009. No other digital asset including Ethereum could win the confidence & trust of investors as Bitcoin does because it is super secure, scarce & most decentralized.

Bitcoin is always the best investments right ? comparing to all other coins there is always better way to invest and that is Bitcoin like what we always believe and understand ,
for how many years now this coin shows and proves how this is profitable and how this can bring fortune to all holders.
imagine there are so much happening in this currency.

Quote from: serjent05 on September 05, 2022, 05:52:21 PM

In the cryptocurrency industry, I also think Bitcoin is the best investment at the moment. There are others that can give us better profit than Bitcoin but the risk involved is unimaginable. Those altcoins that live on hype can give us huge profit but can also leave us bag holding worthless coins. So in profit/risk ratio, nothing beats Bitcoin to be the best investment on the crypto industry at the moment.

Well , why not set our funds in the safest currency and that is bitcoin as always.

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Quote from: Rana590 on September 17, 2022, 04:44:36 PM

I hope November will be a great month for crypto industry. It is still best opportunity to us for buying Bitcoin at a lower price and we can afford this price. Long time investment on Bitcoin is a wiser decision to get huge profit. Obviously we should avoid panic sell and market analysis is highly recommended.

Now to what extent have you analyzed the market and how sure are you that you will not panic if there is a further price decline in the market ?
As everyone is now hoping for the best for next month and November as well as you said, but the probability of that happening is also uncertain, but yes investing long term in Bitcoin is still a very wise decision right now.

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Price is not everything to assess the best investment assets. I know bitcoin is the best asset in the last 10 years as an investment choice compared to other investment instruments. Early adopters earn huge returns, and that is a testament to the fact that bitcoin is an excellent choice for non-physical investment assets.

I will probably be honest that up to now bitcoin is an asset that should not be ignored by any investor. Price fluctuations are common, that's not the reason why it's not good. The real use cases as a currency as well as its growing adoption are some of the reasons why bitcoin is the best investment asset, imo.

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Quote from: siniminomorocomunisakito on September 17, 2022, 01:11:01 PM

I would say a long term buy and hold strategy is your best bet. It may take a while to see the return on our investment, but bitcoin itself is actually quite valuable. The costs will definitely increase and decrease, but it should be a safe bet in the long run.

This is the right moment even though I'm still very new to trading to pile up now, hold on for the long term, and prepare for a "big dip". The value of Bitcoin as a currency will not decrease in the future. It will only go up from here.

I hope November will be a great month for crypto industry. It is still best opportunity to us for buying Bitcoin at a lower price and we can afford this price. Long time investment on Bitcoin is a wiser decision to get huge profit. Obviously we should avoid panic sell and market analysis is highly recommended.

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Quote from: arufox on September 17, 2022, 11:55:49 AM

Quote from: Wilhelm on June 10, 2022, 02:06:01 PM

Quote from: arufox on June 10, 2022, 06:58:22 AM

Quote from: Sir Legend on April 13, 2022, 11:17:25 PM

Bitcoin is a type of high risk investment so we must always be wise, the profit opportunity is high but the risk is also high, many people sell anything to invest in bitcoin, but when they see the fact that the price is dropping then they get angry and sell at a loss, and this is what makes we must always be realistic and logical when investing bitcoin.

Before starting a bitcoin investment, you must have a mature strategy. A bitcoin investment strategy really depends on your risk profile and the financial goals you want to achieve. However, it requires patience in managing emotions. Therefore, if a novice investor wants to invest in bitcoin, don't just follow trends and invest without a strategy.

Exactly this. I've done trading but it didn't work out that well for me. Now I HODL which is a more risk free and defensive strategy if you do it with money you don't expect to ever see back. After many years the HODL seems to be very profitable.

So pick a mature strategy that is in line with your capabilities.

P.S. diamond hands HODL isn't easy either Wink

Right. indeed HOLD is a good strategy when the market experiences a significant decline in price. Especially if you've already made a trade but it didn't work and haven't found an alternative, it's better to just save it while waiting for new momentum later.

When decline or bearish movement is happening within the market then seeing your portfolio showing up on reds then it would really be just a dumb decision of yours if you would consider on selling out.
This is usually the case when we are experiencing huge negative or too fast pace of decline where peoples emotions is been mainly played on but if you are someone who does have the ample
experience and knowledge about this market then you wont really be easily panic out.Speaking about best investment then there's no doubt that Bitcoin would be the most worth coin to be hold
specially for long term but since there are people whom do really love to see profits in short term basis then this is where they do touch up altcoin investments as well.

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I would say a long term buy and hold strategy is your best bet. It may take a while to see the return on our investment, but bitcoin itself is actually quite valuable. The costs will definitely increase and decrease, but it should be a safe bet in the long run.

This is the right moment even though I'm still very new to trading to pile up now, hold on for the long term, and prepare for a "big dip". The value of Bitcoin as a currency will not decrease in the future. It will only go up from here.

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Quote from: Wilhelm on June 10, 2022, 02:06:01 PM

Quote from: arufox on June 10, 2022, 06:58:22 AM

Quote from: Sir Legend on April 13, 2022, 11:17:25 PM

Bitcoin is a type of high risk investment so we must always be wise, the profit opportunity is high but the risk is also high, many people sell anything to invest in bitcoin, but when they see the fact that the price is dropping then they get angry and sell at a loss, and this is what makes we must always be realistic and logical when investing bitcoin.

Before starting a bitcoin investment, you must have a mature strategy. A bitcoin investment strategy really depends on your risk profile and the financial goals you want to achieve. However, it requires patience in managing emotions. Therefore, if a novice investor wants to invest in bitcoin, don't just follow trends and invest without a strategy.

Exactly this. I've done trading but it didn't work out that well for me. Now I HODL which is a more risk free and defensive strategy if you do it with money you don't expect to ever see back. After many years the HODL seems to be very profitable.

So pick a mature strategy that is in line with your capabilities.

P.S. diamond hands HODL isn't easy either Wink

Right. indeed HOLD is a good strategy when the market experiences a significant decline in price. Especially if you've already made a trade but it didn't work and haven't found an alternative, it's better to just save it while waiting for new momentum later.

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Quote from: serjent05 on September 05, 2022, 05:52:21 PM

In the cryptocurrency industry, I also think Bitcoin is the best investment at the moment. There are others that can give us better profit than Bitcoin but the risk involved is unimaginable. Those altcoins that live on hype can give us huge profit but can also leave us bag holding worthless coins. So in profit/risk ratio, nothing beats Bitcoin to be the best investment on the crypto industry at the moment.

altcoins can offer better returns than bitcoin because bitcoin predated altcoins and it also rallied hundreds of thousands of times before altcoins appeared, so nowadays people think bitcoin value is too high no longer give good returns like altcoin

but people don't know that only bitcoin exists and stays with us, altcoins will eventually be replaced or destroyed if it becomes older than new altcoins, it can be said that the life cycle of altcoins is very short

looking to the long term, i believe bitcoin is still the safest and most profitable investment, altcoins can give good returns in the short term but in the long term it is still a question

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Quote from: kotajikikox on August 29, 2022, 04:10:58 AM

asking about this moment? I think Bitcoin investment for now is not a good Idea because it is in downtrend and surely it will keep falling in the coming days so waiting is the best way to be in market now.

We have seen several times this year that this scenario is in the air so why bother this issue now when there are chances of buying in the coming days.

You are right that 2022 has not been good all along for Bitcoin & stock markets due to economic crisis worldwide but it won't last for ever. Markets are likely rise from here as we see accumulation at current price because long term investors think it has already bottomed out or close to the bottom & bearish market is always excellent opportunity to build portfolio at lower price.

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In the cryptocurrency industry, I also think Bitcoin is the best investment at the moment. There are others that can give us better profit than Bitcoin but the risk involved is unimaginable. Those altcoins that live on hype can give us huge profit but can also leave us bag holding worthless coins. So in profit/risk ratio, nothing beats Bitcoin to be the best investment on the crypto industry at the moment.

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Quote from: SexyPepper on February 10, 2022, 01:43:06 PM

Is Bitcoin the best investment at the moment?I've been trading options on BTC for about three years now, and I've made significant gains, how does everyone invest?

this is perfect for bitcoin, let's see how it goes, bitcoin has found ATH in 2021, the process has provided great benefits for the people who take part.
Then the question is, how far can bitcoin continue the trend forward.
if you're not in a hurry, take a look at bitcoin charts from the previous year,
when you know the crux of the matter, that's when you have to take part.
good luck

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asking about this moment? I think Bitcoin investment for now is not a good Idea because it is in downtrend and surely it will keep falling in the coming days so waiting is the best way to be in market now.

We have seen several times this year that this scenario is in the air so why bother this issue now when there are chances of buying in the coming days.

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Quote from: SexyPepper on February 10, 2022, 01:43:06 PM

Is Bitcoin the best investment at the moment?I've been trading options on BTC for about three years now, and I've made significant gains, how does everyone invest?

Yes, I can say clearly.
But the way people make investments have different patterns, dependent on how someone knows bitcoin.
For Example When you start entering to invest in bitcoin, it is very dependent on a individual's individual, whether to buy in low condition or in a stable condition.
If you expect a large return you should know when the right time is entering the market

STT

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BTC is one of the best but not the best and certainly in some time frames it looks bad but considering it gives some alternative to plain currency its worth having. Some countries are suffering double digit losses to the value of their currency in just one month so having an alternative available to use worldwide seems more then sensible. Since inflation also applies to dollar that largely means it applies to every country of the world so I wont call plain BTC investment but its certainly viable as a hedge or insurance to national currency which are in the majority poor at retaining value longer term.

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Quote from: Rana590 on August 28, 2022, 06:04:59 PM

If we think about the price of Bitcoin, it is moving around $19k-$22k and it is good for traders. But if we talk about long term investment, then it is suitable time to enter market. I hope Bitcoin will be starting to rise in the early November and for this, we shouldn't miss the opportunity to buy at this stage.

For investors who still want to buy more, the moment of decline like now is a good thing to take advantage of because they can get Bitcoin at a very fantastic price.
But for traders who have already bought Bitcoin above the price of $22K, then they still have to wait for an increase in the price of Bitcoin or still have to buy again at a lower price to recover their capital which had lost because of the price decline that was still happening in the market.

Because day traders who often take profits in whatever size they get also have the risk of losing if the price decline continues and in the end they also have to have patience in waiting for the price increase to occur again in Bitcoin.

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Quote from: Rana590 on August 28, 2022, 06:04:59 PM

Quote from: Untomabur on August 28, 2022, 12:02:34 PM

if you realize that this is the right moment to buy bitcoin, of course you will buy it now!,
because today bitcoin has really bottomed out, $20k is the strongest support, and surely the price will go up to at least $22k
especially for the long term, bitcoin really doesn't need to be doubted!

If we think about the price of Bitcoin, it is moving around $19k-$22k and it is good for traders. But if we talk about long term investment, then it is suitable time to enter market. I hope Bitcoin will be starting to rise in the early November and for this, we shouldn't miss the opportunity to buy at this stage.

It is the right time for the traders to make some money. Until the market turns bullish we can experience similar form of price fluctuation. Traders with good analytics about the market will be able to generate good revenue out of the cryptomarket. For long term holders it is the right moment to buy, which means doing Dollar Cost Average seems the fair way of buying at the right price.

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