Investing in any form has risks including bitcoin which is very volatile, where the price can change significantly from time to time which must be considered and considered before investing.
and in my opinion the safest is to invest in the long term indefinitely and avoid worrying when the price of bitcoin drops, and will only wait for bitcoin to rise again to make a profitable sale, it takes a lot of patience in investing in bitcoin because bitcoin will always give you a good profit good even if it takes a long time.
Topic: Serious question about Bitcoin. Is it a reliable and stable investment? - page 3. (Read 1454 times)
September 18, 2020, 11:21:45 AM
September 18, 2020, 10:39:31 AM
Hi guys. I have a friend who's parents are looking for alternatives and want to invest money into something other than their IRA account. They have a fixed IRA with about $100K, but they are unsatisfied with the miserable amount of interest they're getting. I mentioned to them that bitcoin is a possible alternative and one they can look into. Do you agree? Do you guys consider bitcoin a reliable and stable investment for long term holding(5-10yrs)? Is it safe to assume the only direction(barring a few dips here and there) bitcoin will eventually go from here is up? Do you foresee it going below $10K, or even $9K ever again? Is it even possible to see the lows we saw a few months ago(ie $3500) ever again?
Please give me your thoughts. IRA or Bitcoin for the long term?
Please give me your thoughts. IRA or Bitcoin for the long term?
Bitcoin long term, IRA short term, gold mid term. IMHO
September 17, 2020, 11:06:15 PM
Bitcoin can be a good investment in the crypto world because it has a more stable value than other cryptocurrencies. Compared to bitcoin's ATH which is currently worth $ 10,000, it's pretty good and hard to drop lower.
People often expect bitcoin to reach a higher level of value, but unfortunately, bitcoin is just a speculative asset, the community that supports bitcoin and there is no institution responsible for it.
If your parents are looking for a long-term investment, bitcoin is also a good investment, but advise them to diversify their investments with other forms such as stocks or real estate.
People often expect bitcoin to reach a higher level of value, but unfortunately, bitcoin is just a speculative asset, the community that supports bitcoin and there is no institution responsible for it.
If your parents are looking for a long-term investment, bitcoin is also a good investment, but advise them to diversify their investments with other forms such as stocks or real estate.
September 17, 2020, 06:18:55 PM
Bitcoin is an investment with a very high risk, so it is not a stable investment. We must first get to know Bitcoin, before deciding to
invest in Bitcoin. It is true that Bitcoin can provide enormous and unexpected profits. But on the other hand Bitcoin can also make
you suffer a big loss. So investing in Bitcoin must be wise and patient, so some people who have been investing in Bitcoin for a long
time always say invest money that we can afford to lose. Because Bitcoin price movements are very volatile.
invest in Bitcoin. It is true that Bitcoin can provide enormous and unexpected profits. But on the other hand Bitcoin can also make
you suffer a big loss. So investing in Bitcoin must be wise and patient, so some people who have been investing in Bitcoin for a long
time always say invest money that we can afford to lose. Because Bitcoin price movements are very volatile.
i hope the OP already know what to do with his money. investing in bitcoin is indeed a high risk investment. dont expect that your money will be doubled or tripled when you finally decided to sell it in the market.
though btc is showing a very promising future but dont forget that the price movement can change drastically at a very short period of time. it is like a gamble that youre taking here.
so yeah, invest what you can afford to lose! a very common piece of advice but it really is valuable to keep in everybody's mindset.
September 17, 2020, 06:11:22 PM
Bitcoin is an investment with a very high risk, so it is not a stable investment. We must first get to know Bitcoin, before deciding to
invest in Bitcoin. It is true that Bitcoin can provide enormous and unexpected profits. But on the other hand Bitcoin can also make
you suffer a big loss. So investing in Bitcoin must be wise and patient, so some people who have been investing in Bitcoin for a long
time always say invest money that we can afford to lose. Because Bitcoin price movements are very volatile.
invest in Bitcoin. It is true that Bitcoin can provide enormous and unexpected profits. But on the other hand Bitcoin can also make
you suffer a big loss. So investing in Bitcoin must be wise and patient, so some people who have been investing in Bitcoin for a long
time always say invest money that we can afford to lose. Because Bitcoin price movements are very volatile.
September 17, 2020, 02:25:34 PM
Hi guys. I have a friend who's parents are looking for alternatives and want to invest money into something other than their IRA account. They have a fixed IRA with about $100K, but they are unsatisfied with the miserable amount of interest they're getting. I mentioned to them that bitcoin is a possible alternative and one they can look into. Do you agree? Do you guys consider bitcoin a reliable and stable investment for long term holding(5-10yrs)? Is it safe to assume the only direction(barring a few dips here and there) bitcoin will eventually go from here is up? Do you foresee it going below $10K, or even $9K ever again? Is it even possible to see the lows we saw a few months ago(ie $3500) ever again?
Please give me your thoughts. IRA or Bitcoin for the long term?
Please give me your thoughts. IRA or Bitcoin for the long term?
When investing in bitcoin it is always a big risk so you can't really invest all of your money in bitcoin but only the money that you could afford to invest. Personally I think bitcoin is a good investment compared to other investments that you could do. I personally recommend bitcoin if you already have experience in cryptocurrency and you already know what you are doing or at least you know someone that could help you invest in crypto. For me bitcoin is great as a investment, not a currency as we could easily see the bitcoin volatility.
September 17, 2020, 02:10:24 PM
Hi guys. I have a friend who's parents are looking for alternatives and want to invest money into something other than their IRA account. They have a fixed IRA with about $100K, but they are unsatisfied with the miserable amount of interest they're getting. I mentioned to them that bitcoin is a possible alternative and one they can look into. Do you agree? Do you guys consider bitcoin a reliable and stable investment for long term holding(5-10yrs)? Is it safe to assume the only direction(barring a few dips here and there) bitcoin will eventually go from here is up? Do you foresee it going below $10K, or even $9K ever again? Is it even possible to see the lows we saw a few months ago(ie $3500) ever again?
Please give me your thoughts. IRA or Bitcoin for the long term?
Please give me your thoughts. IRA or Bitcoin for the long term?
Bitcoin and any other cryptocurrency always have risks. Volatility is their nature. But in my opinion, investing in Bitcoin for a long term can be quite logical compared to short-term investment. There has been various examples of Bitcoin price having a dip and after that going to a very high levels. This is my opinion and it is your choice.
September 15, 2020, 03:41:53 AM
Its not advisable to invest all in Bitcoin there are other good investments that are also worth investing in the likes of Gold and others... Bitcoin has its glorious moment and it's crashing moments it's never always Rosy so invest a certain percentage in Bitcoin an amount you can lose without having a major effect
September 15, 2020, 12:24:21 AM
If your asking about "stable investment" then you are at the wrong place Because a Volatile market assures you nothing.
But if you can risk and know the consequences ?then i may say that In the Long run,I mean in future when you Hold then the profit will be indeed.
Like those early adopter of Bitcoin that taste their fruit after 8-9 years.
But if you can risk and know the consequences ?then i may say that In the Long run,I mean in future when you Hold then the profit will be indeed.
Like those early adopter of Bitcoin that taste their fruit after 8-9 years.
Right now, the only stable investment is gold. All the other investment assets, such as stocks, real estate, mutual funds.etc are behaving in a highly volatile manner. And if you check the Bitcoin charts for the last 6-7 months, you can see that the prices have fluctuated less than many of the established large-cap stocks. Bitcoin continues to be volatile, but this volatility is declining.
September 15, 2020, 12:20:17 AM
Hi guys. I have a friend who's parents are looking for alternatives and want to invest money into something other than their IRA account. They have a fixed IRA with about $100K, but they are unsatisfied with the miserable amount of interest they're getting. I mentioned to them that bitcoin is a possible alternative and one they can look into. Do you agree? Do you guys consider bitcoin a reliable and stable investment for long term holding(5-10yrs)? Is it safe to assume the only direction(barring a few dips here and there) bitcoin will eventually go from here is up? Do you foresee it going below $10K, or even $9K ever again? Is it even possible to see the lows we saw a few months ago(ie $3500) ever again?
Please give me your thoughts. IRA or Bitcoin for the long term?
If your asking about "stable investment" then you are at the wrong place Because a Volatile market assures you nothing.Please give me your thoughts. IRA or Bitcoin for the long term?
But if you can risk and know the consequences ?then i may say that In the Long run,I mean in future when you Hold then the profit will be indeed.
Like those early adopter of Bitcoin that taste their fruit after 8-9 years.
September 14, 2020, 10:02:23 PM
this is just an opinion,
but with bitcoin reaches(or already reached its peak)due to its increasing in popularity and utilization, it shall stabilize (in such a way that it will lower the value 5-10 years from now) along the way.
an analogy to this is how a game balancing(stabilization) is applied to published games by the developers (the big guys on the market) to ease/or utilize some of the features/components(physical and non-physical factors) affected by sudden flux/variation.
while bitcoin is not in a grip of any individual, its volatility is depended on the players in the market.
but with bitcoin reaches(or already reached its peak)due to its increasing in popularity and utilization, it shall stabilize (in such a way that it will lower the value 5-10 years from now) along the way.
an analogy to this is how a game balancing(stabilization) is applied to published games by the developers (the big guys on the market) to ease/or utilize some of the features/components(physical and non-physical factors) affected by sudden flux/variation.
while bitcoin is not in a grip of any individual, its volatility is depended on the players in the market.
September 14, 2020, 09:56:14 PM
Hi guys. I have a friend who's parents are looking for alternatives and want to invest money into something other than their IRA account. They have a fixed IRA with about $100K, but they are unsatisfied with the miserable amount of interest they're getting. I mentioned to them that bitcoin is a possible alternative and one they can look into. Do you agree? Do you guys consider bitcoin a reliable and stable investment for long term holding(5-10yrs)? Is it safe to assume the only direction(barring a few dips here and there) bitcoin will eventually go from here is up? Do you foresee it going below $10K, or even $9K ever again? Is it even possible to see the lows we saw a few months ago(ie $3500) ever again?
Please give me your thoughts. IRA or Bitcoin for the long term?
Please give me your thoughts. IRA or Bitcoin for the long term?
both. 80% ira 20% btc. 80k + 20k
my logic is as follows.
btc will bust or grow like mad.
ira will grind out 1 to 2% a year.
so in ten years if btc goes 3x you have 60k
if ira grinds 2% a year you have 96k
total of 156k
if btc busts or does really bad. it may be only 10k a loss
but the ira grinds out the 2% and you have of 96k this plus 10k means 106k
so the two cases above are 156 + 106 which is 262 / 2 = 131 average
if you do all 100% ira at 2% you get 120
so a gain of 31 in two cases averaged 6 on the low side 62 on the high side.
or a gain 20.
so I would hedge 80 ira 20 btc.
and review in. 10 years.
note disclaimer
i am not a professional. my writings are not advice.
so if you do all ira and are angry at a failure i am not to blame
if you do 80 ira + 20 btc and are angry i am not to blame.
if you do 20 ira + 80 btc and are angry i am not to blame.
lastly if do 100 btc and are angry i am not to blame.
but for me 80 ira 20 btc is my personal choice for myself.
September 14, 2020, 09:16:29 PM
Hi guys. I have a friend who's parents are looking for alternatives and want to invest money into something other than their IRA account. They have a fixed IRA with about $100K, but they are unsatisfied with the miserable amount of interest they're getting. I mentioned to them that bitcoin is a possible alternative and one they can look into. Do you agree? Do you guys consider bitcoin a reliable and stable investment for long term holding(5-10yrs)? Is it safe to assume the only direction(barring a few dips here and there) bitcoin will eventually go from here is up? Do you foresee it going below $10K, or even $9K ever again? Is it even possible to see the lows we saw a few months ago(ie $3500) ever again?
Please give me your thoughts. IRA or Bitcoin for the long term?
Please give me your thoughts. IRA or Bitcoin for the long term?
Hi,
It depends on individual investment goals, risk appetite, investment horizon, and current investment portfolio allocation to alternatives and other risky assets. Many factors need to be taken into consideration when calculating the optimal allocation to Bitcoin. This is actually the investor advisor (RIA) work, though they are still reluctant to enter the Bitcoin market. Generally, a small allocation to Bitcoin with a long-term investment horizon makes sense and can actually increase overall investment portfolio risk-adjusted returns.
September 14, 2020, 08:22:44 PM
Bitcoin is a risky investment due to its volatility and in order not to suffer losses, it is necessary to know how to manage its trends. If the investment was made in the month of July 2019 when this thread started, the price of Bitcoin was around ~ $ 10,978 only on a few occasions the price has been exceeded. Expert traders could generate profits with this investment combined with other cryptos.
September 14, 2020, 06:53:09 PM
Bitcoin is a safe investment when you compare fiat value in Bitcoin, and the massive money printing that's stealing tje purchasing of a currency that can lead to hyperinflation. Which is pretty much dangerous, because all your savings, investment, pension would go to zero. O yeah, i think BTC is 100x safer than fiat, and in the long run it will be much more valuable due to its scarcity.
September 14, 2020, 06:31:24 PM
Bitcoin is a good investment but a risky one as well so if you were trying to get into investment with Bitcoin, better just invest a decent amount you can afford to lose. At the category of cryptocurrency investment, we can say that Bitcoin is the most reliable and stable crypto good for investment but still you must take into consideration that its price is volatile. Yes it could give you awesome rewards for holding and waiting until it pumps but still on the other hand, there is also an open possibility that it could get into the other way around experiencing dumps which can be affected by certain situations which can have an effect on the pricing of Bitcoin.
With regards to the possibility of Bitcoin going down to $10,000 or $9,000 or even lower than $3,500 it depends if it would get into such situation but there is always an open possibility that such thing could happen on the price of Bitcoin.
With regards to the possibility of Bitcoin going down to $10,000 or $9,000 or even lower than $3,500 it depends if it would get into such situation but there is always an open possibility that such thing could happen on the price of Bitcoin.
As many others have said, bitcoin is a very risky and volatile investment. So I don't consider it as a stable investment. Especially if you are new in this market, you will be overwhelmed if btc will drop by $1k overnight, and the thing is, it is just normal for this market. Can rise $5k in a matter of few hours. So if you are not ready for this kind of market movement, better put your funds in tangible assets like real property or gold, where you can sleep peacefully at night.
September 14, 2020, 06:25:10 PM
Bitcoin is a good investment but a risky one as well so if you were trying to get into investment with Bitcoin, better just invest a decent amount you can afford to lose. At the category of cryptocurrency investment, we can say that Bitcoin is the most reliable and stable crypto good for investment but still you must take into consideration that its price is volatile. Yes it could give you awesome rewards for holding and waiting until it pumps but still on the other hand, there is also an open possibility that it could get into the other way around experiencing dumps which can be affected by certain situations which can have an effect on the pricing of Bitcoin.
With regards to the possibility of Bitcoin going down to $10,000 or $9,000 or even lower than $3,500 it depends if it would get into such situation but there is always an open possibility that such thing could happen on the price of Bitcoin.
With regards to the possibility of Bitcoin going down to $10,000 or $9,000 or even lower than $3,500 it depends if it would get into such situation but there is always an open possibility that such thing could happen on the price of Bitcoin.
September 08, 2020, 09:27:42 AM
Hi guys. I have a friend who's parents are looking for alternatives and want to invest money into something other than their IRA account. They have a fixed IRA with about $100K, but they are unsatisfied with the miserable amount of interest they're getting. I mentioned to them that bitcoin is a possible alternative and one they can look into. Do you agree? Do you guys consider bitcoin a reliable and stable investment for long term holding(5-10yrs)? Is it safe to assume the only direction(barring a few dips here and there) bitcoin will eventually go from here is up? Do you foresee it going below $10K, or even $9K ever again? Is it even possible to see the lows we saw a few months ago(ie $3500) ever again?
Please give me your thoughts. IRA or Bitcoin for the long term?
Please give me your thoughts. IRA or Bitcoin for the long term?
I get questions about bitcoin and other cryptocurrencies often do to my career. I am always getting asked about "investments" when they are hot and performing well in the markets. Bitcoin and Marijuana stocks are two that I often get so many questions about. My advice always starts with have you done your homework on this? Do you already have an established portfolio with traditional investments and are on track for retirement or to achieve the goals you had previously set our for yourself. Most people just hear/think it'll be a get rich quick ordeal and that's often just no the case. Do you homework first and foremost and understand what you're getting yourself in to.
September 08, 2020, 06:53:59 AM
Do you guys consider bitcoin a reliable and stable investment for long term holding(5-10yrs)?
Most of us are long-term bullish here and think that bitcoin will be at a higher price in 5-10 years from now, but take note that bitcoin is not guaranteed to succeed. It can go up, but it could also go the other way. If you put everything on Bitcoin, you could be rich in 5-10 years, or you could also end up broke.Is it safe to assume the only direction(barring a few dips here and there) bitcoin will eventually go from here is up?
Definitely not. There's still a risk.Do you foresee it going below $10K, or even $9K ever again? Is it even possible to see the lows we saw a few months ago(ie $3500) ever again?
Very possible in the short-mid term, a bit less likely in the long-term in my opinion.Is it even possible to see the lows we saw a few months ago(ie $3500) ever again?
Yes. Even lower than $3500 is possible(though probably unlikely).IRA or Bitcoin for the long term?
Diversification. It'd probably be a better idea to spread it out to stocks, bonds, ETFs, Bitcoin(probably a small percentage) and such. Don't put all your eggs in one basket.Reliable and stable are all relative terms. And as with any investment, where there's a probability of high rewards there's also a high degree of risk. That being said, in the space of cryptocurrencies, bitcoin is the most stable and reliable. But in space of overall asset classes, gold surely is the most stable and reliable - but not as risky and therefore not much of a possibility of a high return in 5-10 years.
September 08, 2020, 12:01:37 AM
Do not put all of your money into BTC. Diversify.
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