Is Bitcoin the best investment at the moment? - page 3.

CaVO32

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Quote from: smartaction on June 21, 2022, 11:53:18 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?

Investing in bitcoin is always good decision. Since the market is much dip now. This is a great opportunity to invest in Bitcoin. It is doubtful whether we will ever see such a dip in the price of Bitcoin in future. So it would be wise to save Bitcoin now.

If you have strong belief that bitcoin has good future, this is one of the few opportunities that you can collect satoshis at a cheaper price. Because if it starts to go up, would be hard for you to spend money. We can't guarantee this market, but when it comes to btc, I have high hopes that it has better future than most alts. Remember, up until today, no alt has ever surpassed its position.

redsun114

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Quote from: smartaction on June 21, 2022, 11:53:18 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?

Investing in bitcoin is always good decision. Since the market is much dip now. This is a great opportunity to invest in Bitcoin. It is doubtful whether we will ever see such a dip in the price of Bitcoin in future. So it would be wise to save Bitcoin now.

I am not entirely sure if the price will EVER be here again because that is what happens. I remember the 2014 period, the price of 1400 was reached, and it never went to like 30 bucks or something which it was in 2011-2012 period where it was the peak price but never went back there after 2014 peak. Then we had 2017 increase, which took it above 1400 and then to 20k, and never back down to 1400 again.

Weirdly enough we did went below the 2017 peak just recently, couple days ago only, but that was it, when the price goes back up, I doubt we will see that again. So, when we have a huge bull run and break above ATH, that causes the price to go down but not too much.

smartaction

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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?

Investing in bitcoin is always good decision. Since the market is much dip now. This is a great opportunity to invest in Bitcoin. It is doubtful whether we will ever see such a dip in the price of Bitcoin in future. So it would be wise to save Bitcoin now.

superman184

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I think the best investment is our knowledge and experience of what we will learn about something in this case is bitcoin.
Bitcoin will be the best investment if we have knowledge about Crypto itself and vice versa. before we invest in bitcoin we must first have basic knowledge in playing crypto (Bitcoin). Many people invest in bitcoin because they follow other people, so usually people often experience losses when the price of bitcoin decreases they immediately sell so they often experience losses that should not have happened if they have knowledge in investing in Crypto (Bitcoin).

Joshapat

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If we can sell at a high price position that is in November 2021 then we will say that Bitcoin is the most profitable investment, but if we buy in November when the price is more than $ 60k and sees the current price facts around $ 21k then we will say the opposite , but whatever happens I am still optimistic that Bitcoin is an investment that we deserve to choose.

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Quote from: Renampun on June 10, 2022, 02:55:41 PM

Quote from: Rimueng on June 08, 2022, 12:21:01 PM

Quote from: 19Nov16 on May 02, 2022, 10:06:15 AM

...

Since entering starting in May the price of bitcoin has continued to decline very deeply. Even the price of bitcoin is currently trading in the $30k-$29k price range. Therefore it seems that bitcoin is difficult to hit the $50k price target in June even to get back to the $40k area it's still difficult.

if you look at the price of bitcoin from a short term perspective (june) then Bitcoin will not be possible to reach that price ($50k)...

The first half of June is still not finished yet, and what if the price the next couple of days can rise above 30 to 35k? That will now be easy for btc to reach 50k as soon as the rise is continuous but if not June then we still have July and so on. We aren't rushing anyway so btc can always take its time. When it comes to the reason why people invest in btc.

I think the number one right now is because of its value that can potentially increase by up to a million dollar per one btc but before, the main reason why people invest is because they can feel freedom with it, which is very different from the fiat that is controlled by banks and governments.

Wilhelm

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Quote from: arufox on June 10, 2022, 07:58:22 AM

Quote from: Sir Legend on April 14, 2022, 12:17:25 AM

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

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Quote from: Rimueng on June 08, 2022, 12:21:01 PM

Quote from: 19Nov16 on May 02, 2022, 10:06:15 AM

...

Since entering starting in May the price of bitcoin has continued to decline very deeply. Even the price of bitcoin is currently trading in the $30k-$29k price range. Therefore it seems that bitcoin is difficult to hit the $50k price target in June even to get back to the $40k area it's still difficult.

if you look at the price of bitcoin from a short term perspective (june) then Bitcoin will not be possible to reach that price ($50k)...

Quote from: Semar Mesem on June 10, 2022, 02:36:20 AM

Quote from: ReiMomo on June 09, 2022, 01:44:25 PM

...

Bitcoin and cryptocurrencies give us the freedom to fully control without depending on others, and another thing is that we can sell anytime without fear of losing buyers because the market is always rising, this is the reason many people invest in bitcoin.

I don't think this is the main reason why people invest in bitcoin. I invest in bitcoin because I believe that only bitcoin gives freedom, besides Bitcoin the number of bitcoins is fixed and cannot be manipulated. In the future, there will be more and more people who are aware of the beauty of bitcoin.

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Quote from: Sir Legend on April 14, 2022, 12:17:25 AM

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.

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Quote from: ReiMomo on June 09, 2022, 01:44:25 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?

For me obviously Yes. One of the best online platform to invest confidently. But yes one needs to know what it is and how it works with risks and benefits. I have almost invested $4000 in past 4 years and still feel investing more on the best coins including Bitcoin. As BTC price is really low now, its really the right time to invest and accumulate more coins now. Yes the last ATH was in 2021 and eagerly waiting for another ATH in 2022. Current correction seems to be much longer which is the indication of a good growth down the line.

Bitcoin and cryptocurrencies give us the freedom to fully control without depending on others, and another thing is that we can sell anytime without fear of losing buyers because the market is always rising, this is the reason many people invest in bitcoin.

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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?

For me obviously Yes. One of the best online platform to invest confidently. But yes one needs to know what it is and how it works with risks and benefits. I have almost invested $4000 in past 4 years and still feel investing more on the best coins including Bitcoin. As BTC price is really low now, its really the right time to invest and accumulate more coins now. Yes the last ATH was in 2021 and eagerly waiting for another ATH in 2022. Current correction seems to be much longer which is the indication of a good growth down the line.

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Quote from: 19Nov16 on May 02, 2022, 10:06:15 AM

Quote from: Rimueng on April 30, 2022, 10:51:24 AM

For me, Bitcoin investment is the best at the moment. Moreover, while the price of Bitcoin is going down, we can take advantage of the momentum of the price decline to buy. After buying, then hold until the price rises to make a significant profit. In short-term trading, we can use the moment of price movement in the last few days to increase our portfolio to make a profit.

Successful investors certainly know when the best time to buy, I'm sure the decline trend like today is only temporary so we don't have much time to buy cheaply, I'm sure in May the price of Bitcoin will hit $ 50k again so that we can get big profits.

Since entering starting in May the price of bitcoin has continued to decline very deeply. Even the price of bitcoin is currently trading in the $30k-$29k price range. Therefore it seems that bitcoin is difficult to hit the $50k price target in June even to get back to the $40k area it's still difficult.

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Right now we can see that bitcoin's dominance has begun to rise. This could mean that either bitcoin will start to rise and altcoins will fall because liquidity will move into bitcoin, or altcoins will also fall and bitcoin will not fall, again because less liquidity will move into bitcoin. Therefore bitcoin will be better off than altcoins right now.

Vaculin

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Quote from: 19Nov16 on April 27, 2022, 02:58:57 AM

If you ask investors at this time they will say Bitcoin, as we know that Bitcoin continues to be trending in News and Social Media because more and more world's top influencers like Elon Musk continue to invest in Crypto like Bitcoin, and so on. Compared to other types of investment, of course the right choice is Bitcoin which has been proven to be the most profitable.

Despite of its high volatility, bitcoin remains to be the best asset or investment in the market. This is why a lot of crypto influencers have been known in the market but sadly, most of them are only for the money. However, if you want to be profitable in bitcoin, there's no need for crypto influencers to mentor you, your knowledge and skills are good enough to make a smart investor. Although experience still matters the most.

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Bitcoin is very volatile, price increases and decreases can reach 2 digits in a day, if we make it for daily trading then this is a good and very profitable opportunity, even today the daily transaction volume is very high and is often a topic in many media.

19Nov16

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If we want an investment that provides a big profit opportunity and in a short time then don't hesitate to invest Bitcoin, I often invest Bitcoin and Hold for the long term (more than a year) and the results are very satisfying because they have profitd up to more than 400%, if we are aims to profit then the key is to be patient and not panic.

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Quote from: lixer on May 17, 2022, 05:08:36 PM

Quote from: arufox on May 17, 2022, 07:56:08 AM

Quote from: bots1 on April 11, 2022, 11:10:32 AM

For me, bitcoin has always been the best investment. Investing in bitcoin can get high returns. The price of bitcoin from year to year can increase quite drastically. Even the price of bitcoin once broke the All-Time High in 2021 at a price level of $68k. We can get big profits investing in bitcoin with the right strategy, we can buy bitcoin when it's cheap and sell it at a high price.

Indeed, bitcoin price trends are not always guaranteed to continue to increase. There are times when prices go down, depending on the market situation. However, if you can take advantage of the high volatility of the crypto market and profit little by little from the current price movements. You can sell or buy bitcoins in a very short span of time to make a profit.

If you end up buying when it crashes down this much, and selling when it goes back to normal, you could make close to 50% profit each time around and this happens like once a year. If you keep making that 550 each year, then you are going to be pretty wealthy by the time you retire. This is what I pumped to the world all the time, I keep saying this, but people end up selling when it gets close to bottom and I have no idea why.

There must be some people who sold at 26k in order for it to be that low, which means that some people lost out on such a big profit even today, it's like 10%+ return from 26k levels to 30k+ levels, even 20% return if you calculate it. So that was a bad decision.

I think Bitcoin will be profitable if we buy it at a low price like now, because Bitcoin is very volatile and its price will always recover and go higher
every time it experiences a decline in price. The problem is how patiently we can hold Bitcoin, because most people who fail to make a profit
when investing in Bitcoin, it's because they want instant profit and can't be patient waiting for the Bitcoin price to rise, finally decided to sell Bitcoin
at a low price. Therefore I recommend investing in Bitcoin for the long term, so that we can get a big profit from Bitcoin. So Bitcoin will be
the best investment if we know how to invest in Bitcoin well. That is the importance of learning about the crypto world first, before deciding
to invest in Bitcoin, at least to understand how Bitcoin works.

lixer

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Quote from: arufox on May 17, 2022, 07:56:08 AM

Quote from: bots1 on April 11, 2022, 11:10:32 AM

For me, bitcoin has always been the best investment. Investing in bitcoin can get high returns. The price of bitcoin from year to year can increase quite drastically. Even the price of bitcoin once broke the All-Time High in 2021 at a price level of $68k. We can get big profits investing in bitcoin with the right strategy, we can buy bitcoin when it's cheap and sell it at a high price.

Indeed, bitcoin price trends are not always guaranteed to continue to increase. There are times when prices go down, depending on the market situation. However, if you can take advantage of the high volatility of the crypto market and profit little by little from the current price movements. You can sell or buy bitcoins in a very short span of time to make a profit.

If you end up buying when it crashes down this much, and selling when it goes back to normal, you could make close to 50% profit each time around and this happens like once a year. If you keep making that 550 each year, then you are going to be pretty wealthy by the time you retire. This is what I pumped to the world all the time, I keep saying this, but people end up selling when it gets close to bottom and I have no idea why.

There must be some people who sold at 26k in order for it to be that low, which means that some people lost out on such a big profit even today, it's like 10%+ return from 26k levels to 30k+ levels, even 20% return if you calculate it. So that was a bad decision.

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Quote from: bots1 on April 11, 2022, 11:10:32 AM

For me, bitcoin has always been the best investment. Investing in bitcoin can get high returns. The price of bitcoin from year to year can increase quite drastically. Even the price of bitcoin once broke the All-Time High in 2021 at a price level of $68k. We can get big profits investing in bitcoin with the right strategy, we can buy bitcoin when it's cheap and sell it at a high price.

Indeed, bitcoin price trends are not always guaranteed to continue to increase. There are times when prices go down, depending on the market situation. However, if you can take advantage of the high volatility of the crypto market and profit little by little from the current price movements. You can sell or buy bitcoins in a very short span of time to make a profit.

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Quote from: Mr.Scott on May 04, 2022, 08:02:51 AM

Quote from: StreakW on May 04, 2022, 07:16:53 AM

For investors who invest long term buying bitcoin is the most profitable. However, for short-term investors who already have strong trading skills, they can take advantage of the momentum of the ups and downs of Altcoin prices that have strong fundamentals. They buy Altcoins when they are down and then sell them when the price is high so that the profits can be maximized.

Altcoin price action mostly co-relate with Bitcoin movement. Bitcoin price is trading over 39k, and this price is not confirmed whether go upside or downside. For investors who invest long term can be saved but short term can give negative result. Many market analyst trust that the bottom isn't over but Bitcoin price could see more downside between 30-35k. Those dealing you've warned.

Right. I agree with you that most Altcoin prices follow bitcoin price movements. Moreover, in the past week, the crypto market has continued to show price weakness following the decline in stock indexes and rising interest rates where the price of Bitcoin had touched the $28k level before finally rebounding and is currently at the $30k level. Even so, I predict the bitcoin price will drop further possibly the bitcoin price will drop in the $25k-$27k range.

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