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Topic: Is Bitcoin the best investment at the moment? - page 9. (Read 2268 times)

sr. member
Activity: 2016
Merit: 283
It's always good to invest as long as it still at the very low price because surely when bull emerge you can make good return from it afterwards. Wherein it always good to be so early rather than chasing the price during the bullish market because FOMO will be your big problem.

so while its down always remember to accumulate more. And also ignore those people saying negative with bitcoint when its down.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
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 you have experienced significant gains, yes, you are on the right path to investing in BTC. If you invested during BTC was down around $30k, you probably have a profit by now because BTC was reached higher above $30k. BTC is so very volatile that could any time it will pump or too much dump, waiting at the right time is the perfect advice for you. BTC has been proven that it is very profitable if you know how to wait for it. For the profitable purpose and less risk, choose BTC.
One of the ways in which you can easily see how bitcoin is so superior to other investments is to see depending on your entry point if you would have some profits or some losses if you were holding your coins, and quite honestly the only ones that should be experimenting some losses are the ones that invested last year and some of those that invested during this year, so basically anyone that invested during 2020 or before should have tremendous profits, while the rest should be breaking even or at most just suffering some bearable losses.
hero member
Activity: 2702
Merit: 672
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It can be believed by me or many other investors that bitcoin is indeed the best investment that many have made in the market which is quite durable and a significant price is felt.

Other assets are also very worth investing in but we must be able to do research despite now having a lot of hype and trends that trap us a lot if we want to be safe in investing, of course, it is bitcoin that must be done, not other assets.
Actually investing in crypto is a lot, it's just that we have to know about the coins being invested.
Diversifying your portfolio shouldn't exactly be put on the same idea as looking for the best investment. It's mainly because diversifying your portfolio is like choosing the top 10 coins you'd describe as coins that are currently the "best" to invest in. So it's basically a portfolio of Bitcoin and other alike coins. It's always how one should build up their portfolios, pick one coin that you think would be a best investment, then pick a few other coins that wouldn't necessarily be the same as that best investment, but if you can then do so.
hero member
Activity: 2730
Merit: 632

Well at the moment, I might say that yes Bitcoin is the best investment but I still believe in diversification so you might want to invest into other assets as well.
It can be believed by me or many other investors that bitcoin is indeed the best investment that many have made in the market which is quite durable and a significant price is felt.

Other assets are also very worth investing in but we must be able to do research despite now having a lot of hype and trends that trap us a lot if we want to be safe in investing, of course, it is bitcoin that must be done, not other assets.
Actually investing in crypto is a lot, it's just that we have to know about the coins being invested.
Diversification would always be that recommended because we know on what are the possible benefits that we could get if we had done it right but we know that
not all would really be that financially capable on doing so thats why it is really that hard on making out decisions even if you wanted to.When it comes to assurance
then we could somewhat assure with Btc that could really go for long term but we know that there are other options that you could really take on
if you do see the wider picture.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
This is a tricky question because "best" is left up for interpretation.  Will Bitcoin have the highest returns on a % basis going forward?  No.  It will most certainly not.  If performance is the only thing you consider in your equation, then Bitcoin is not the "best" investment at the moment and I think anyone would have trouble putting forth a reasonable argument how Bitcoin would outperform it's much smaller peers.  Facts are that it takes a smaller amount of money to send a micro-cap investment skyward than it does a larger asset. 

If you consider things like risk and security, then you can make the argument that Bitcoin is the best investment, but sheer returns, I do not think Bitcoin will be within 10x the greatest performing cryptocurrency this year, or any year for that matter.  There will always be new entrants coming from nothing that solve problems.  This will only become more and more evident as Bitcoin becomes more popular and thus less user-friendly. 
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills

Well at the moment, I might say that yes Bitcoin is the best investment but I still believe in diversification so you might want to invest into other assets as well.
It can be believed by me or many other investors that bitcoin is indeed the best investment that many have made in the market which is quite durable and a significant price is felt.

Other assets are also very worth investing in but we must be able to do research despite now having a lot of hype and trends that trap us a lot if we want to be safe in investing, of course, it is bitcoin that must be done, not other assets.
Actually investing in crypto is a lot, it's just that we have to know about the coins being invested.
legendary
Activity: 2884
Merit: 1117
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 has proven to be one of the best coins to invest in both short and long term and everyone here I think will say the same because we recognize that bitcoin is capable of providing greater returns than any other coin, so until recently bitcoin is still the only cryptocurrency that the public and investors are most interested in investing with.
It is not even just as a crypto currency but also as the most profitable and great in the whole investment world. I would prefer it over gold, over stocks, over houses over any other thing that you could imagine. Crypto gives you a right to make money more than any other method in the world. This is why I believe that we should not really be concerned about investing into crypto at any price. Just forget about the unknowns of the future because it is valid for everything.

You think Warren Buffet didn't made any losses? Dude managed to have 3-4 loss years in the last 12-13 years, and sure he had some profitable ones as well. But, he averaged literally 20% for the past 60 years and that is how he became so rich, just on average 20% per year and you would be rich too. For crypto it is quite easy to average 20% profit if you ask me, shouldn't be that difficult as long as you keep holding it.
hero member
Activity: 2604
Merit: 816
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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?
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.
For new people, maybe they join crypto not because they know bitcoin but because they see a new trend happening in crypto. This already happened before when the NFT trend exploded and made many people speculate by joining many obscure NFT projects. They didn't do any research but just read about someone who managed to get many people out of NFT and brought them into crypto without having enough knowledge. Instead of investing in bitcoin or other potential coins, they choose to invest in tokens or coins that are not yet known to survive or not in the market.
full member
Activity: 2548
Merit: 217
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 has proven to be one of the best coins to invest in both short and long term
I don't think this is appropriate claim, Bitcoin is even good investment short term? can you evaluate the term you are promoting because look at the market is this showing that bitcoin can be for short term?

for more than a month there is no good movement?
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and everyone here I think will say the same because we recognize that bitcoin is capable of providing greater returns than any other coin,
of course bitcoin is the safest of all to bring profit and income.

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so until recently bitcoin is still the only cryptocurrency that the public and investors are most interested in investing with.
Wrong , there are Shit project that investors goes to invest because of hyping and dumping.
legendary
Activity: 2576
Merit: 1043
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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?
Best investment? Its very subjective for me but I can say that it is and its my opinion only and it may not be to others.

Ask those people who made huge profits in Bitcoin and they will say that it is the best investment for them. On the other hand though, ask those investors who lost huge money in Bitcoin because they got FOMO'ed and they might say that it isn't the best or for them it might be the worst investment for them. In terms of profitability though in the last decade (2010-2020), Bitcoin has the highest percentage gains compare to other investments including stocks, gold etc. but it is the most volatile of them all that is why it jumped huge in the last decade.

Well at the moment, I might say that yes Bitcoin is the best investment but I still believe in diversification so you might want to invest into other assets as well.
hero member
Activity: 2828
Merit: 518
We can't just say "the best investment at this moment" but this can also be profitable long-term.
Just looking at its market trend, we can really say that buying today and holding for at least 2 years, the possibility to make double(or even more) your capital.

I have many options in investing so far and one of them is investing in crypto (bitcoins & some altcoins). I agree about this investment is one of the best regardless of whether people agree or not. The good thing is that bitcoin has provided a commensurate return on our investment and that is one proof that bitcoin investing is a good thing. It doesn't matter if you want to profit from investing in other than bitcoin, as long as you make a profit then it is the best investment for you though not for anyone else.

Differences of opinion as to which investments are the best are common and I think they can say whatever they like and in what investments they prefer. It doesn't matter if they are not sure about bitcoin because it will have no impact on our investment in bitcoin. The point is that what is best for us is not necessarily the best for others and they are free to choose which investments they are willing to take into account the risks.
it is a way to say that Bitcoin investment is more profitable than the other investment but the risk is too high if we compared it to other forms of investment. That is why if you are not a risk-taker person, we probably do not agree about this but for us who know it and are already on the said investment, we can say YES.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
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?

There is no single best investment. I believe the last three years you were trading BTC, it appreciated steadily. We know how the market is now. For me I don't invest in businesses that portrays itself as a get rich quick medium. I invest in business that I have researched on and can predict its reliability and durability. I generally like long term investments.   
That means you are saying bitcoin is a great investment for now. Even I have thought just like this from the past 5 years that there isn't any better coin to invest into than bitcoin, the sole factor being it is the first crypto to ever come in existence so it will always be on top in terms of market capitalisation and the number of users using it on daily basis or having it in their portfolio.
Even though bitcoin is lacking the features that other cryptocurrency provides but still it is by far the most trusted coin cause of the fact that the market follows the same trend that bitcoin follows.
legendary
Activity: 2464
Merit: 2094
I have many options in investing so far and one of them is investing in crypto (bitcoins & some altcoins). I agree about this investment is one of the best regardless of whether people agree or not. The good thing is that bitcoin has provided a commensurate return on our investment and that is one proof that bitcoin investing is a good thing. It doesn't matter if you want to profit from investing in other than bitcoin, as long as you make a profit then it is the best investment for you though not for anyone else.

Differences of opinion as to which investments are the best are common and I think they can say whatever they like and in what investments they prefer. It doesn't matter if they are not sure about bitcoin because it will have no impact on our investment in bitcoin. The point is that what is best for us is not necessarily the best for others and they are free to choose which investments they are willing to take into account the risks.
legendary
Activity: 2646
Merit: 1106
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When it comes to investment, people have got different views and different understanding. This means some expect short term profiting, some look for long term profiting, some want to have risk free investment. Depending on the requirement one has to choose the respective cryptocurrency for investment. Bitcoin have got proven record which is the reason why it is the best investment of all time unlike the market situation.

Everyone won't believe in growth, those who make use of the dip profit when the market increase with time. But, most of the time people get into panic when there is downward disturbance in the market. Study the market and make the investment.
legendary
Activity: 1050
Merit: 1100
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?

There is no single best investment. I believe the last three years you were trading BTC, it appreciated steadily. We know how the market is now. For me I don't invest in businesses that portrays itself as a get rich quick medium. I invest in business that I have researched on and can predict its reliability and durability. I generally like long term investments.   
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
Bitcoin is indeed a great investment. But I'm sure the "best" for everyone must have their own parameters. There are many people who make huge profits from bitcoin, it's true, but there are some big people in the investment field who may also disagree with bitcoin as a primary investment, such as Ray Dalio.
Mr. Dalio (Founder of Bridgewater) is indeed a shrewd investor but he will find it difficult to accept Bitcoin

even if Bitcoin was at $100, I'm sure Dalio would definitely not recommend bitcoin as a good investment. So why what he said, should we listen? LOL



legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
if bitcoin is not the best investment then is there a much better investment that you are seeing or feeling right now?

How many investments are there that a person can invest in and in 1 year make a profit of 50% or 30% or 100%? I only see cryptocurrencies managing to give these high returns, of course this also comes with high risk

people who have never invested in bitcoin and know bitcoin well, must think that bitcoin has an obscure/no future, I feel sorry for them but their mindset is difficult to change

luckily this way of thinking is outdated, today in almost many tv couples around the world talk well about bitcoin

so be grateful if you get the chance to know bitcoin

truth
legendary
Activity: 2086
Merit: 1058
It's always a good time to invest into bitcoin if you are a long term Hodlers bit for short term when the price drops and starts rising then thats the right time invest into bitcoin. Some jumps from bitcoin to Altcoin for quick gain but it's too risky as sometimes it takes ages for altcoins to bounce back.But bitcoin has the ability not only to bounce back but hit a new ATH and it's more reliable.

I usually split the invetsment into bitcoin for daily trading and long term, for long term I keep higher target and don't bother to check until target is met but for daily trading i read the candles and take entry when the buying starts after a red candle and keep a target of 1% and make targets three trade of 1% each.
That has been the way I invested for a long time. Whenever crypto falls a lot, and I mean like 50%+ in the long run, then I invest into crypto because that is a great time to get in. It may not make you rich overnight, but it is known that bitcoin doesn't stay low forever and it will always make you a profit in the long run. So, if you invest when the price is low, that means you are going to make a profit in the long run.

I personally made a good return with this method and I am guessing that I am not the only one. I have also learned about DCA long time ago and I keep doing that as well when the market is not crashing like it did a few months ago, when it is like today, I just DCA per month.
member
Activity: 1162
Merit: 58
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 .
You have a point here mate and yes maybe he is asking for another option to make a profit so let us wait for him to put His answer to our question though i doubt that he will put any because he just created the thread and never come back to make a comment  Grin just like those spam thread that starts similar to this.
full member
Activity: 1848
Merit: 158
"Best" is a strong word to classify something, especially in investment's world, where there are so many different options disponible. But without any doubts, bitcoin is the best investment for small investors, at least. I say that because bitcoin gathers three important characteristics from the financial point of view:

High profitability, easy and accessible to start investing and initial investment can be made with small amounts of money.

There isn't any other investment with those same traits. So that is what makes bitcoin so special and unique.

High profitability is not always the case here because it depends on how the user will do his trading. But I do agree that you don't need big amount of money to start with. You can start very small like your extra funds to buy some satoshis and very accessible as there are so many trading platforms that you can use. However, considering it the "best" is I believe not appropriate to some, particularly those who are not into crypto. Some will prefer real-estate or precious gems to be the best for their investments. So categorically speaking, it depends on the user how he will identify btc in his investment portfolio.
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