Is Bitcoin the best investment at the moment? - page 8.

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Quote from: lombok on March 05, 2022, 09:07:36 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?

So far, Bitcoin is indeed one of the best investments, in my opinion, the most favorite at this time.
Good for you if you can actually Options on Bitcoin and earn huge profits for 3 years.
Not everyone can Trade Options, most prefer long-term investments when it comes to Bitcoin investment, buy-hodl-sell.
I've tried trading options and the result I lost repeatedly. Better trading futures or spot trading.
Options trading in my opinion is gambling. Be carefull

If you follow the bitcoin price over the years, it's very much clear that bitcoin investment is the best. However, we should keep this investment safe and not try to experiment with it much through options and futures trading. If you do future trading without much knowledge, the result will be a loss of your savings.

lombok

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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?

So far, Bitcoin is indeed one of the best investments, in my opinion, the most favorite at this time.
Good for you if you can actually Options on Bitcoin and earn huge profits for 3 years.
Not everyone can Trade Options, most prefer long-term investments when it comes to Bitcoin investment, buy-hodl-sell.
I've tried trading options and the result I lost repeatedly. Better trading futures or spot trading.
Options trading in my opinion is gambling. Be carefull

batang_bitcoin

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Quote from: ShowOff on March 04, 2022, 12:17:01 PM

Quote from: batang_bitcoin on March 03, 2022, 10:15:28 PM

There's no need for a grand strategy or what, it's simple. You buy bitcoin and hold it if you're looking to have a higher price of it in the future. As for having a maximum profit, I think that you'll miss that part because it's always that there is a circumstance of our lives that we have to use our last choice through selling bitcoin, might not be all of it but a part of it. So, you're missing the whole point of getting the maximum price or profit. And even if you sell today at its ATH, there will be another ATH that will break the price where you've just sold it.

Not everyone understands how the bitcoin market works so advice like this in no way warrants them trying to convince themselves to buy and hold in the long term. Beginner traders are more concerned with short term profits and they can understand more about buying low and selling trades high.

Long-term holders are not day traders or “most” retail traders but they are experienced investors and know about the potential bitcoin might reach even if they had to weigh all the risks. Like early adopters, they are the ones who manage to get the most out of bitcoin after considering the long-term risks.

Yeah, we're not day traders but anyone who's a long term holder can also be a day trader at the same time. That's whichever strategy you'll be ending up.
The long termers will still beat that strategy as per experience. It may not be able to be understood by the newbies but I'm sure that many of them would like to here a say from an experienced person on how to deal with the market and what's a better thing to do for them to be profitable.

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Quote from: batang_bitcoin on March 03, 2022, 10:15:28 PM

There's no need for a grand strategy or what, it's simple. You buy bitcoin and hold it if you're looking to have a higher price of it in the future. As for having a maximum profit, I think that you'll miss that part because it's always that there is a circumstance of our lives that we have to use our last choice through selling bitcoin, might not be all of it but a part of it. So, you're missing the whole point of getting the maximum price or profit. And even if you sell today at its ATH, there will be another ATH that will break the price where you've just sold it.

Not everyone understands how the bitcoin market works so advice like this in no way warrants them trying to convince themselves to buy and hold in the long term. Beginner traders are more concerned with short term profits and they can understand more about buying low and selling trades high.

Long-term holders are not day traders or “most” retail traders but they are experienced investors and know about the potential bitcoin might reach even if they had to weigh all the risks. Like early adopters, they are the ones who manage to get the most out of bitcoin after considering the long-term risks.

Natalim

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I hope OP you got enlightened to what you have read in this thread. No single to ask why not as the answer is surely a big YES. Perhaps you may try and also for you to verify that we are not telling lies. Of course, you can't say yes for now and you'll remain doubtful as you were not investing yet. Sometimes we need experience in order to know and this becomes our basis.

Some people will say we are late as the price of Bitcoin is already high but can't just imagine what will be the price 5 years from now? That can possibly be more than $100k...

Obito

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Yes it's the best one no matter which is it's position in the market because it's proven to grow in prices over the decade and I think that no one can get close to it since it's a pioneer. But bear in mind that you're going to be aiming for a long-term, because bitcoin has slowed in growth overtime so you want to get in right now and hold on to it for years.

indah rezqi

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Not only for now, but for the future Bitcoin is the best investment. The value of Bitcoin will be very valuable in the future considering the development of technology continues with various advances. For me, investing in Bitcoin should not only prioritize the benefits that will be obtained, but must be used as an asset that will not lose its value.

batang_bitcoin

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Of course it is very good to invest in bitcoin if you use the right strategy. In order to get the maximum profit from bitcoin investment, you can buy when the price is low and sell it at a high price.

There's no need for a grand strategy or what, it's simple. You buy bitcoin and hold it if you're looking to have a higher price of it in the future. As for having a maximum profit, I think that you'll miss that part because it's always that there is a circumstance of our lives that we have to use our last choice through selling bitcoin, might not be all of it but a part of it. So, you're missing the whole point of getting the maximum price or profit. And even if you sell today at its ATH, there will be another ATH that will break the price where you've just sold it.

retreat

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I have never invested anywhere else, from the start I only studied investing in crypto, my friend said that the investment gain that could be generated from crypto was much greater than other types of investment, so I believe bitcoin is the best investment right now.

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?

you are in crypto for those 3 years, if you are serious then it is enough time for you to become a mid-expert in trading.

STT

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Its the best speculative asset, depends what you want from your investments. Most people are hands off and dont look an entire year so it would not be ideal for anyone particularly busy but young people especially reference BTC as an investment relevant to them being very rapid to adjust is probably a requirement to really make the best gains though its the long term gain that matters most.

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Quote from: Epaper on February 23, 2022, 01:02:58 PM

If you have been considering buying bitcoin, now is one of the most affordable times to invest as the price of bitcoin is falling. However, you should also think about your overall financial situation before you invest. As with any investment, it is best to invest in the long term.

It is very interesting that the price of bitcoin despite going down recovered relatively quickly and we are once again above the 40k level, without a doubt the bears are trying to push down the price even further but institutional investors are not letting them despite all what is happening around the world, this tells me that most likely we are going to see something similar happening during the next months, and as such we need to take advantage of the short periods of time in which we can see bitcoin trading at sub 40k levels and buy all what we can.

Shasha80

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Although I admit Bitcoin is the best investment option for now, because Bitcoin's performance is amazing and has the potential to provide huge
profits compared to other assets. But it would not be wise if we ended up only investing in Bitcoin, because investment diversification is very important.
Because I think it's too risky to only invest in Bitcoin, maybe a higher percentage of investment in Bitcoin doesn't matter. The most important thing is
not to use all of our capital just to buy Bitcoin, we need to buy other assets too. Because in my opinion it is much safer if our capital is divided into
several assets.

ReiMomo

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I would confidently invest on bitcoin if I have money to do so. Just patience is required to gain a lump of profits. Investing on shares or investing on a land, on gold or anything else yes worth so but still investing on Bitcoin will bring double, triple the profits if patiently wait for few years as like we do when invested on a land. Better to prefer Bitcoin or the best altcoins in the market than on shares or other assets.

Hypnosis00

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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?

I don't think it is a need for you to ask...Like making a picture of the result of your 3 years in crypto trading, that quite it proves how profitable is this. Honestly, I have no doubt about it like this is always profitable. So, don't make yourself doubt about this also, you are on the right track anyway and you can earn more possible in the years coming, it is only a need for your consistency and retain your strategies.

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I think bitcoin is a reasonable investment asset at this time of inflationary boom. Regardless of whether any geopolitical emergency turns out to be the main turmoil and aftermath of the “cold war” but the way bitcoin is becoming and completely changing the crypto market, even you will be advantageous in the future economy where bitcoin plays a dominant role as the economic standard. Not financial advice

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

Is Bitcoin the best investment at the moment?

It's not a new thing for someone to want to invest in Bitcoin, the thought has been ingrained in the souls of crypto lovers since 2009.

Official media news has released a lot of people who have profits in Bitcoin, I believe in 2024 there will be new rich people in the crypto world, if you look at the current development of the crypto market.

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Quote from: suzanne5223 on February 21, 2022, 01:41:35 PM

I think this all depends on individual understanding the benefit gained through a certain investment, those that invested in Ethereum and make the best profit out of it will see ETH as the best investment while those that got theirs through Bitcoin will see it as the best.
Meanwhile, Bitcoin is the only safe haven cryptocurrency and the why it was the winner of government regulation, etc is because of it autonomous and has no censorship with decentralization.

Yes, I think it depends on how much benefit people get, because everyone has their own way and pattern in implementing investments and the extent of the profits will affect the ethereum or bitcoin which is the choice, so everyone will be different in their decision. investment, while government regulations and decentralization are bonuses of the advantages of bitcoin over ethereum.

I agree with the statement you made except the area where you said the government regulation will be a bonus advantage for Bitcoin over Ethereum because the last I checked the government cannot regulate both BTC and ETH but they can only regulate CEX which I believe have already it for about 97% CEX comply to the rules.

Epaper

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If you have been considering buying bitcoin, now is one of the most affordable times to invest as the price of bitcoin is falling. However, you should also think about your overall financial situation before you invest. As with any investment, it is best to invest in the long term.

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Quote from: GreatArkansas on February 10, 2022, 08:19:08 PM

For me, it's always a yes. As Bitcoin got the highest market cap in the crypto market now. But some people may advise you that if you will invest in Bitcoin, you may get a low ROI.
So yeah, it's still up to you. What my take here is, if you want low risk, you expect low reward too and opposite; high risk: high reward.

Not everyone can afford to invest a huge amount in bitcoin. The price of bitcoin is quite expensive. All fingers are not meant to be equals.
Buying a portion of bitcoin will not be assumed as taking low risk rather it's a step to richness.
Investing in cryptocurrency is the best investment so far that has come into human existence

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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?

almost most people who join crypto must say bitcoin is the best investment today, bitcoin has shown its existence from its inception until now. But don't forget, there are many other coins that can actually provide greater profits in a short time, talking about bitcoin also involves large capital, but we will get not too big profits, let alone limited capital in investing, that's why there is very limited investment. people do bitcoin.

if you only look at the amount of profit you get then altcoins like ethereum provide higher gains than Bitcoin but if you look at the security side of government regulation then Bitcoin is the winner.

because Bitcoin is a decentralized asset until now so I dare to say to others that Bitcoin is the best & safest investment today.

I think this all depends on individual understanding the benefit gained through a certain investment, those that invested in Ethereum and make the best profit out of it will see ETH as the best investment while those that got theirs through Bitcoin will see it as the best.
Meanwhile, Bitcoin is the only safe haven cryptocurrency and the why it was the winner of government regulation, etc is because of it autonomous and has no censorship with decentralization.

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