Is Bitcoin the best investment at the moment? - page 2.

Rana590

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Quote from: Untomabur on August 28, 2022, 01:02:34 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.

Untomabur

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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!

Moshi Moshi

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Quote from: StreakW on August 23, 2022, 08:26:02 AM

Quote from: Pejoh Asu on May 08, 2022, 11:39:22 AM

I think Bitcoin and Cryptocurrencies are the best investment at this time, but there are things we must understand that the chances of crypto for drops are also large so that when we invest then the next thing is don't panic to when you are typing to see prices down, be patient will make us profitable.

There are many aspects that we need to take into account before starting a Bitcoin investment. Don't invest because of FOMO. After buying bitcoin at a low price, it's better not to constantly monitor the price in the market so that when the Bitcoin price suddenly drops, you don't panic.

Good advice, but not many people know how to wait. Especially if it is a newbie investor who bought bitcoin yesterday for a full deposit and today saw a loss of -10%. In such a case, it is difficult not to watch the price and not to panic. Although, it is very easy to keep bitcoin in your own wallet and sell it when the price is much higher than it is now. But the psychology is such that only a few can make money in this market.

so from that before entering the world of crypto currency trading, you have to learn everything,
regarding how to trade, and how to analyze, of course it can be done if people want to,
because crypto currency is very volatile, this is what makes the risks very risky to invest.

decodx

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Quote from: StreakW on August 23, 2022, 08:26:02 AM

Quote from: Pejoh Asu on May 08, 2022, 11:39:22 AM

I think Bitcoin and Cryptocurrencies are the best investment at this time, but there are things we must understand that the chances of crypto for drops are also large so that when we invest then the next thing is don't panic to when you are typing to see prices down, be patient will make us profitable.

There are many aspects that we need to take into account before starting a Bitcoin investment. Don't invest because of FOMO. After buying bitcoin at a low price, it's better not to constantly monitor the price in the market so that when the Bitcoin price suddenly drops, you don't panic.

I agree. Bitcoin is not for the faint of heart. It's a high risk-high reward investment and it should be treated as such. Only invest an amount that you're okay with losing, preferably an amount that you won't even miss. One day, your Bitcoin might be worth $100,000 or more; another, it might drop to $10,000. The price is particularly volatile right now, so it's hard to predict what's going to happen in the near future. With all these caveats in mind, there are two reasons why I'm bullish on Bitcoin: 1) the utility value of Bitcoin and 2) the speculative value of Bitcoin. The bottom line? If you're looking for investments that are both profitable and stable, then it really doesn't get much better than investment-worthy cryptocurrencies like Bitcoin.

YOSHIE

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Quote from: SexyPepper on February 10, 2022, 02:43:06 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?

Since Bitcoin was created in 2009, Bitcoin is the number one type of crypto in terms of investment and trading, It's speculation that says so.

For sure you have proven yourself the results of your trade in Bitcoin, analysis, speculation and prediction are the main things to get good results in the investment world, especially Bitcoin, of course many people invest in Bitcoin according to their own options, everyone of course wants to get good results, that's for sure, if it is explained long, the point is: investment experiences are different.

Sayeds56

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Quote from: posi on August 17, 2022, 11:57:11 PM

Quote from: BobK71 on August 17, 2022, 11:14:04 PM

Quote from: SexyPepper on February 10, 2022, 02:43:06 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?

Considering Bitcoin's peak to current price, it is definitely worth buying. Moreover, the number of its investors is also increasing every day. The market is now in a bearish trend. Hopefully it will form a strong support zone through the upcoming bull run. So considering the future and current state of Bitcoin I think it is a good time to invest.

There is always a good investment opportunity in bitcoin, bitcoin is always a good investment whenever, over time bitcoin rises, not falls.
But if we choose the right time to invest, our profits will be more optimal. As an example, if we were to invest today at the current price, our chances of getting a profit are much higher than if we were to purchase bitcoin for 30k USD or 40k USD, so don't miss this time.

Given the historical track record of Bitcoin as best performing asset during the past 15 years, it is in deed best investment for long term investors. Its current price is quite attractive for accumulation. The Bitcoin price might fall below 20K in coming weeks because MT-Gox exchange credits might receive their 140,000 coins and CPI data will be announced in mid September. These 2 event can create huge volatility in the market which for sure will be good opportunity for HODLers. DYOR

StreakW

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Quote from: Pejoh Asu on May 08, 2022, 11:39:22 AM

I think Bitcoin and Cryptocurrencies are the best investment at this time, but there are things we must understand that the chances of crypto for drops are also large so that when we invest then the next thing is don't panic to when you are typing to see prices down, be patient will make us profitable.

There are many aspects that we need to take into account before starting a Bitcoin investment. Don't invest because of FOMO. After buying bitcoin at a low price, it's better not to constantly monitor the price in the market so that when the Bitcoin price suddenly drops, you don't panic.

posi

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Quote from: BobK71 on August 17, 2022, 11:14:04 PM

Quote from: SexyPepper on February 10, 2022, 02:43:06 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?

Considering Bitcoin's peak to current price, it is definitely worth buying. Moreover, the number of its investors is also increasing every day. The market is now in a bearish trend. Hopefully it will form a strong support zone through the upcoming bull run. So considering the future and current state of Bitcoin I think it is a good time to invest.

There is always a good investment opportunity in bitcoin, bitcoin is always a good investment whenever, over time bitcoin rises, not falls.
But if we choose the right time to invest, our profits will be more optimal. As an example, if we were to invest today at the current price, our chances of getting a profit are much higher than if we were to purchase bitcoin for 30k USD or 40k USD, so don't miss this time.

BobK71

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Quote from: SexyPepper on February 10, 2022, 02:43:06 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?

Considering Bitcoin's peak to current price, it is definitely worth buying. Moreover, the number of its investors is also increasing every day. The market is now in a bearish trend. Hopefully it will form a strong support zone through the upcoming bull run. So considering the future and current state of Bitcoin I think it is a good time to invest.

kro55

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Quote from: fzkto on August 10, 2022, 03:26:31 PM

Quote from: kudosinitchi on June 30, 2022, 08:53:05 AM

Sure it is. Investing in Bitcoin is always a good choice. There is no currency other than BTC and ETH that has best opportunity to invest in. But always make sure to plan it all. Avoid getting hype by FOMO. Invest your mind also some knowledge to fully understand to movement of the crypto market.

Only experience and probably a few deposits help one to understand market movements. A great deal of patience and nerves of iron can also help in investing. Otherwise buying bitcoin can bring losses to the investor. There were a lot of stories about people who bought at 20k in the last cycle and then sold at 6k before reaching 70k. I'm sure many have also sold or will sell in the future without waiting for a new cycle. Psychologically it always works the same way.

There is no question that Bitcoin is the most profitable investment today, but it also carries great risks if you do not understand how it works. A majority of the bitcoin investors who lose money are newbies. They have no knowledge about bitcoins, but they want to make money as soon as possible. They are easy to panic and sell after the price of bitcoin plummets and will buy back if they see bitcoin rise again. This is a common mistake made by newbies.

Xcode7

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I think bitcoin is one of the best investment tools right now, but it's also important to remember that bitcoin also has a very high risk because it doesn't have a physical presence.
I think a very good investment for now is Gold because we have the physical, and we also keep it ourselves at home and tend to be more secure, but the To gain is very small compared to Bitcoin.
millennial youth now prefer to invest in Bitcoin because they can get big profits and also because of Fomo, so they look cooler than their friends

fzkto

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Quote from: kudosinitchi on June 30, 2022, 08:53:05 AM

Sure it is. Investing in Bitcoin is always a good choice. There is no currency other than BTC and ETH that has best opportunity to invest in. But always make sure to plan it all. Avoid getting hype by FOMO. Invest your mind also some knowledge to fully understand to movement of the crypto market.

Only experience and probably a few deposits help one to understand market movements. A great deal of patience and nerves of iron can also help in investing. Otherwise buying bitcoin can bring losses to the investor. There were a lot of stories about people who bought at 20k in the last cycle and then sold at 6k before reaching 70k. I'm sure many have also sold or will sell in the future without waiting for a new cycle. Psychologically it always works the same way.

Paul Pogba

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The best size for everyone is of course different, not everyone likes to enter cryptocurrencies because the chances of going bankrupt are also high, if you look at the fact that prices are always difficult to predict then I prefer to make bitcoin as a secondary investment so that when it is bearish then I don't panic.

kudosinitchi

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Sure it is. Investing in Bitcoin is always a good choice. There is no currency other than BTC and ETH that has best opportunity to invest in. But always make sure to plan it all. Avoid getting hype by FOMO. Invest your mind also some knowledge to fully understand to movement of the crypto market.

Botnake

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Quote from: Pesona1 on June 24, 2022, 09:39:04 AM

Quote from: SexyPepper on February 10, 2022, 02:43:06 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?

As long as bitcoin still has many enthusiasts, of course bitcoin is still one of the best investments available today, but what needs to be emphasized for those of us who want to invest in bitcoin is to be aware of all the possible risks that exist, besides that we should use cold money to buy bitcoin so that later when a bear market like now has no effect on our finances, besides that, bitcoin is a long term investment so those of us who want to invest should have greater patience.

It is, bitcoin is still one of the best investments we could make today and we should take good advantage of the market situation these days while it is still bearish and keeps on dipping so that we can buy it in a much cheaper price.

But each of us have our own choice and we should always know that bitcoin is not the only coin who has some risk but all the leading coins are actually has some risks also, and we should be diligent enough to gather information about the coin we want to acquire.

Pesona1

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Quote from: SexyPepper on February 10, 2022, 02:43:06 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?

As long as bitcoin still has many enthusiasts, of course bitcoin is still one of the best investments available today, but what needs to be emphasized for those of us who want to invest in bitcoin is to be aware of all the possible risks that exist, besides that we should use cold money to buy bitcoin so that later when a bear market like now has no effect on our finances, besides that, bitcoin is a long term investment so those of us who want to invest should have greater patience.

Sayeds56

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Quote from: SexyPepper on February 10, 2022, 02:43:06 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! It is the best investment at the moment because it is available now at very attractive price about 70% down from it all time high which is good opportunity to accumulate for booking long term gains. Though like all speculative investments it carries risks but I think it is the best hedge against inflation when we track its performance record of last 13 years.

Pujangga

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I never suggest to friends or family to put all the money in bitcoin, I always give a warning that the risk of investing in bitcoin is very high, it's better to do an analysis, recognize the risks and of course take decisions without being tempted by big profits, even though it is very promising but bitcoin can make a lot of people stress even crazy.

cheezcarls

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As of this time, it’s an absolute yes! Bitcoin so far is the best cryptocurrency for us to buy and hold at this stage no matter where the market goes. Coz’ if Bitcoin goes down harder, it usually comes back much stronger than ever like what we have experienced these past few years during the time it pumped up to $68k last year. It has the capability to bounce back even more than the other altcoins due to being widely accepted and also has an oustanding and unbeatable market capitalization, trading volume, volatility, etc.

Bitcoin2009

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If the best measure is a profit opportunity then you can say so, but behind a big profit there is a big loss opportunity, as happened with many investors and I, bought when the market was rising, namely in November when the price was more than $60k but at the beginning of the year I sold when the price was rising. around $47k, if I didn't sell at the beginning of the year I would have lost more than 60%.

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