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Topic: Is Bitcoin the best investment at the moment? - page 11. (Read 2277 times)

full member
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Many people have said that bitcoin has been a very good investment recently and has been in great demand but it should also be understood that bitcoin also carries a high risk so it is worth paying attention to. as we can see now where the market has shown that the market is bearish at the moment, which means we have to understand very well that it has a high level of risk, but by understanding the basic concepts of bitcoin, then we can minimize the occurrence of big risks.
hero member
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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?
Bitcoin is an investment people notice recently and i have seen that many people queue up to invest on it. I have over seen people who is emphasising that is best investment so far, i believe they have their cogent reason while Bitcoin is the best option for investment.. I'm not supporting the motion that Bitcoin is best investment platforms or neither making another thing best investment so far..

right now i can make us to remember that we have crude oil investment and we also have shares investment, we also have larger establishment of companies investment...so i recapitulate that the investment platforms that's favorable for you will be or fall into discouragement to some people, so crude is best investment to some set of people while Bitcoin is best investment to another group, it's left for us to conclude according to the one we adventure into it immensely.
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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?
from my perspective, Bitcoin is the best investment right now....today's bitcoin community can't beat anymore and this is what makes bitcoin special from other investments.  besides a strong community, what makes bitcoin other special is its volatile price, because if you have an investment that has a stable price, how can you get a gain from your investment?  investing in property, stocks, gold or bonds will not give you big profits if you don't have a large capital, while bitcoin does not require such a large capital but you can make big profits.
hero member
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There is a huge difference between what you're doing, which is essentially gambling with options, and what long term bitcoin investments actually look like.

If you are looking to purchase BTC for the long run, I think that right now is an excellent price to get in at.

But if you want to trade options - whether long or short, I don't think that it's a great idea. Trading will inevitably lead to market timing, which has been disproven in terms of profitability plenty of times.
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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?
Absolutely, a big yes. Bitcoin was my best investment and became my main investment from a long time ago until now and for my future and I still want to accumulate more bitcoins because I was late knowing bitcoin in early time. But behind the best investment, bitcoin has a risk that not many people can accept because bitcoin can move to any price without notifying us. So if you can accept the risk no matter what will happen to bitcoin, you are good to go and can start to have your bitcoin investment.

Maybe you need to learn more about why bitcoin is the best investment for many people who already know bitcoin so you can determine by yourself and know what you will do.
legendary
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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?

For me (and I understand that for a large majority on this forum, except for those in the alt section) it is the best investment. What my investment is more boring than yours: I just do DCA, small amounts but little by little I accumulate. With that accumulation and the return of a few years I hope to make a considerable amount in the future.
full member
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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?
While i tried to understand your 3 years experience being trader yet i find it not even asking this question literally . If you have been here for 3 years you knew that the price of Bitcoin already dumped to4 k in 2020 but bounced back super high with ATH of 68k .and now that the price is 40k asking us if this is a good investment?
Of course it is and will always be.
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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?
Bitcoin investment is not just the best but it is the safest investment one can do and just close his or her eyes and sleep well at night especially when compared to other forms of crypto currency investment. Though some people are of the opinion that Bitcoin investment doesn't bring much return on investment as compared to other alternative coins since Bitcoin price is so high and that is very difficult to get 10 to 20x from Bitcoin investment.
STT
legendary
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The best investment overall will be the one you would use at any price.   You dont need the market to give you a bid on your offer to sell because its a product you wanted at any price, most obvious is a house to me but overall to a country it can be food etc. each with its own varied dynamic to production and demand.
  It be can asset or product to some extent because people need many things, hence an economy is the circulated demand between all parties with varying comparative advantage to make or access those products, as per the economies laws laid down hundreds of years ago and still valid now.
sr. member
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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?
As long you do make profits then that what matter most since not all is really successful when it comes to their crypto dealings, doesnt matter if it do talks about options
futures or spot then as long you do make profits out of your trades then this is what you should really be mindful on.There's no specific timeframe because we dont
know on how long this market would really last thats why you should be mindful on the current condition you are in.
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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?
If we are only talking about this market then I think the answer is yes, and not only at this moment, bitcoin is the best investment that you can make in this market at all times, now there are some other coins that are good enough to invest in them but bitcoin must always compose the majority of your portfolio, as there have been several experiments in the past that demonstrate that most of the profits of any giving portfolio will be given by bitcoin, so there is no point in taking a huge risk for a low reward, as it is what you would be doing if you invested in new altcoins and not in bitcoin.
full member
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I think there is no doubt that Bitcoin is the best investment. We can read many articles which compare Bitcoin investment, gold investment, stock investment, and even other investments. Most articles state that Bitcoin is the best investment because the potential to gain profits in Bitcoin is higher. Although the risk in Bitcoin investment is quite big, we can deal with the risks by learning how to invest properly in Bitcoin.

An example of the article: https://www.investopedia.com/news/should-you-buy-gold-or-bitcoin/
legendary
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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?
You have been trading for 3 years yet asking this kind of BS question? are you sure about that ?

Bitcoin is always the best investment  , but if you are referring to Long term investing? then Yes it is bitcoin.

But if you are a day trader then prevent from using this coin lol, instead use altcoins .
Same what @adzino said and I am also going to say the same but not anymore as you two already said it. Reading the op's post again I think I understand him now. He is not an investor and that is why he ask if btc is okay to invest. He is not just a normal trader but he is trading options.

I think trading options was a different thing, it is like i.q option and expert option I believe? The OP earns with it but maybe the earning that he get is not big enough for him to stay so he is looking for additions. BTC have increase a little but its not too late yet to buy and make it as investment for the long term. BTC is highly volatile so using it for trade is also perfect .
legendary
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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?
Option is not an investment, it is not even trading in my own opinion, it is most similar to gambling. Those that invested in bitcoin for the last three years which is 2019 will be happy buy now, they made over 10x profit, people that invested $10000 would have made $10000 profit by now and so on, but I mean holders not option trading which is not an investment but highly risky and can bring loss.
legendary
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IMO it's a pointless question. First, you're asking it on a Bitcoin forum, naturally a lot of users here will say yes and "bitcoin to the moon". Second, you can only know what is the best investment in hindsight, otherwise anyone with such knowledge would be a billionaire just from trading.

Bitcoin has shown a great performance in the past. Many believe it will keep showing great performance still.
legendary
Activity: 3472
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To all those who have to ask this I always say no, because if you don't know it already then bitcoin is probably not something you want to own. The chances are we hit another super volatile state where price jumps up and down and your mental health could be at risk.
sr. member
Activity: 1372
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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?
I think your question has actually been answered yourself from the thread you created now, you said you have been trading bitcoin for three years and it continues to give you significant returns, isn't that proof bitcoin is a good investment? all the ways we choose to make a profit with bitcoin, be it through trading or investing, of course if it can continue to give we profits of course that is a sign of a good investment, so without you asking I think you actually already know the answer.
hero member
Activity: 2842
Merit: 772
It's really depends on individual preferences. Of course those who have been a early bagholders will say that it is the best investment they ever have because of the huge returns. But for those who have been investing in the last 2 years, maybe the returns is not that big. Good for you if you have made big money in the last 3 years, not sure how you did it, but the majority I suspect will struggle unless they really bought it at March 2020 wherein we have the lowest low and then hold it, and sold off at ATH.
legendary
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Of course bitcoin is the best investment right now, look at the price history, you will see that the price of bitcoin is very low compared to your old ATH, if anyone buys bitcoin now and then sells it near ATH that person will profit a lot and there are few investments that give high returns like bitcoin, bitcoin and without a doubt the best investment of the century
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legendary
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There's no such thing as "best investment". It's going to depend on your risk appetite — some people like sort of "safer" investments, while some like to go far down the risk curve. Obviously for both types of people and the ones in between, their opinions of what the "best investment" is will be very different.
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