Where should I invest? - page 16. | Bitcointalksearch.org

dezoel

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Quote from: evilgreed on April 23, 2022, 06:28:49 AM

Quote from: Wexnident on April 21, 2022, 08:04:06 AM

This only applies to people that have huge capital at hand to invest. If we compare the potential earnings of bitcoin to other altcoins out there or to staking options that are currently available, any person can distinguish how much advantageous altcoins and staking them are compared to investing on bitcoin. The only thing needed here is a lot of effort in studying and creating investment plans to achieve a better portfolio of course. If a person really decides to take this seriously, there is no reason for anyone to not really be able to earn in this industry, there are lots of possibilities out there that are available.

You may think that bitcoin may not make you a lot of money, but that means you are looking for a good return very quickly. Reality is that you need to save to get richer as well, with just 20% return for 20 years you could get quite wealthy for sure. All you have to do is put up 10% of your salary each month into bitcoin and do that for 20 years and you will be wealthy.

If you think that it is too slow and you want a better return, then you can risk it with altcoins, I wouldn't mind that, I have money in alts as well, but the reality is that we are talking about something that is a bit less riskier when we talk about bitcoin and I am very happy with that as well.

evilgreed

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Quote from: Wexnident on April 23, 2022, 10:34:07 AM

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I agree, and this is true if an investor plans to just buy and leave it for a couple of years. But if an investor has a bit of spare time or can look every once in a while at the market or anything about crypto at least twice a month, top 20 altcoins are good. But, if a person has lots of free time, start up projects are the way to go. Shitcoin hunting is a good way to maximize returns. There are risks yes, so just like what you said, I wouldn't recommend it for beginners. But with enough time on one's hand, the risks reduce because there are knowledge available everywhere on the internet. And with this knowledge one can make better trade plans or investment plans, good entry and exit points and portfolio diversification plus management. What it all comes down to is a person's willingness and how much they want to succeed in this industry. For the op, it is best to determine first his plans about his venture in this industry and how much time can he set for his crypto journey.

Wexnident

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Quote from: evilgreed on April 23, 2022, 06:28:49 AM

This only applies to people that have huge capital at hand to invest. If we compare the potential earnings of bitcoin to other altcoins out there or to staking options that are currently available, any person can distinguish how much advantageous altcoins and staking them are compared to investing on bitcoin.

That's why I said in the short term, altcoins are better. Bitcoin is more of a stable kind of type investment, it won't grow big like when it first exploded into popularity, but it has shown in the past years that it has a consistent growth in terms of market price.

Altcoins are a lot better in the short term since they're new projects, and sometimes the value they have gets brought up sky high due to hype (or just naturally supply and demand early on) which creates the scenario for early investors to take in massive profits. Just that, there's WAY too many altcoins out there to even determine which are shitcoins and which are not, so honestly I wouldn't recommend it unless you have a lot of money to spare.

Pejoh Asu

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Never put the wrong money, learn with the detail of the investment we choose, as we know that at this time the best and most promising trends are cryptocurrencies, but most people are not ready after buying then the price of drop and they panic so that it loses.

evilgreed

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Quote from: Wexnident on April 21, 2022, 08:04:06 AM

Bitcoin would always be a good investment, at least till the next 5-10 years at least. Just that you have to look at that long of a time frame, and not at weeks or months, so it's really going to be a long trip if you start investing in Bitcoin (and in all honesty, all investments take time to grow). Other coins would be better options in the short term I think, their growth rates are a lot bigger in the short term if you were able to pick off a good coin out of all the thousands of coins out in the market. It's gonna be hard though so be prepared to lose a lot imo.

This only applies to people that have huge capital at hand to invest. If we compare the potential earnings of bitcoin to other altcoins out there or to staking options that are currently available, any person can distinguish how much advantageous altcoins and staking them are compared to investing on bitcoin. The only thing needed here is a lot of effort in studying and creating investment plans to achieve a better portfolio of course. If a person really decides to take this seriously, there is no reason for anyone to not really be able to earn in this industry, there are lots of possibilities out there that are available. A person can even turn towards NFTs if they have talents in art or are collectors. Heck, you don't even need talent to earn in the NFT space. All you need is the right amount of knowledge and resourcefulness which are not impossible to achieve nowadays when all information are freely accessible on the internet. Main point is that one way can't work with everyone and that knowledge is very vital in earning rather than assets alone.

Rockstarguy

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Quote from: Semar Mesem on April 21, 2022, 09:56:42 AM

Don't be confused, currently there are many new projects that promise big profits, crypto has been proven to make many new rich people so we deserve to be made the main choice, of course we have to be wise in putting money, don't put all the money in crypto but we have to spread it to several places like gold, stock or others.

To think of investing in new projects it is very important to confirm by making research how reliable this projects are , there are lots of projects out there which claimed to be too good for investment, but at the end of all you discover that it is a shit project. It is not advisable to invest on projects you have no better knowledge of it, their are many good projects and their also fake projects that disguise to be real. Make proper research to embark on any project.

stepwilli

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Quote from: uneng on April 21, 2022, 01:25:23 PM

Among every cryptocurrencies disponible on the market, bitcoin is the most reliable alternative. Moreover, the potential returns on long run are huge if compared to another assets, investment options we have at stocks market, traditional fixed income interest at banks and also real estate and properties. I would only not advise bitcoin investment in case the another option is to start a business where the person is going to work directly and routinely. For an investor who can't risk losing money too much, I think it's not a good idea to go for altcoins, with few exceptions like Ethereum and Binance Coin.

Besides those two altcoins, personally I don't feel confident to adopt another currencies like Solana, Cardano and XRP, although they are also very popular at crypto market.

The thing is, everyone agrees on one thing and that's the best thing about bitcoin. It is an investment that would bring a lot more than stocks or forex or any other traditional method, but it is also riskier, however it "may" bring less than some altcoins, yet it is risky to put your money where you have no idea how it will do so not all alts are good, meaning bitcoin is a lot less riskier than that.

So, it's situated right in the middle, it's riskier than buying some stocks but more profitable, but it's less riskier than alts but probably less profitable as well. This is why bitcoin is perfect, this is why we keep seeing better and better volume at bitcoin since everyone wants to join in.

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Quote from: wiss19 on April 20, 2022, 10:44:37 AM

Education used to mean something great, you would get a good job after graduating, and after a few years you would be able to support yourself and if your wife worked as well you would have a decent middle income family household. However, these days people are barely surviving with the current market conditions, you could have a ton of workload, 80 hours a week, your wife could be the same and you would barely afford a vacation.

I have been earning 4 times more than what minimum wage worker earn in my country, and I have been living a medicore life at best. This month has been specially terrible, I paid off some debts, and this caused me to have less than what I normally have, which shows that you could be considered a "rich" person in my nation when you have no debt, that is the ceiling, literally having no debt makes you rich, that is not what we think when we consider rich people normally.

That is not just entirely based around education, yes it is right that back in the day education was harder to get, and a college degree was something more valuable back in the day, that's true. Even a high school graduate could have ended up with a good job and worked to get a good life.

However, what got worse is not related to just education, these days people who graduated from masters, college, high school all getting terrible deal in life because economy sucks in almost every nation. I do not know what we are going to do, but I know that the whole world is having financial trouble and some are worse but nobody is doing well. Only the very very wealthy is doing well, rest are doing worse, no matter what their education is.

Oasisman

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Quote from: Bitcoinbride on April 15, 2022, 04:08:41 PM

As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.

Depends on your term preferences.
If you want a less risky and good return you should invest with Bitcoin without any hesitation. Hold it for a few years and try to accumulate more during correction and shar dips.
Now, If you're looking to multiply your money, let's say in just months, then go for a high risk high reward types of investment like altcoin. Look for a good project, put your money on it and pray it will not fail lol.

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Quote from: Bitcoinbride on April 15, 2022, 04:08:41 PM

As a newbie in the crypto environment, with a keen interest in making a profitable investment in crypto, where would you best advice me to invest in 2022. Will an investment in bitcoin now still be profitable to me or investing in other coins is what you best advice? I understand that people are sometimes reserved as per not wanting to give financial advice to avoid being blamed if it goes wrong, but I will try to go through all the responses I can get and highlight the answers that are repeated for consideration.

Bitcoin remains an investment asset that i highly recommend compared to others...Bitcoin price is predicted to increase continuously every year. There are indeed many cryptocurrencies currently circulating in the market but everything else depends solely on the price of bitcoin, when the price of bitcoin goes up then they go up as well as when the price of bitcoin goes down. for newbies, bitcoin is the one i recommend the most.

uneng

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Quote from: Wexnident on April 21, 2022, 08:04:06 AM

Bitcoin would always be a good investment, at least till the next 5-10 years at least. Just that you have to look at that long of a time frame, and not at weeks or months, so it's really going to be a long trip if you start investing in Bitcoin (and in all honesty, all investments take time to grow). Other coins would be better options in the short term I think, their growth rates are a lot bigger in the short term if you were able to pick off a good coin out of all the thousands of coins out in the market. It's gonna be hard though so be prepared to lose a lot imo.

I agree with you. Among every cryptocurrencies disponible on the market, bitcoin is the most reliable alternative. Moreover, the potential returns on long run are huge if compared to another assets, investment options we have at stocks market, traditional fixed income interest at banks and also real estate and properties. I would only not advise bitcoin investment in case the another option is to start a business where the person is going to work directly and routinely. For an investor who can't risk losing money too much, I think it's not a good idea to go for altcoins, with few exceptions like Ethereum and Binance Coin.

Besides those two altcoins, personally I don't feel confident to adopt another currencies like Solana, Cardano and XRP, although they are also very popular at crypto market.

aditasetia123

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Quote from: Semar Mesem on April 21, 2022, 09:56:42 AM

Don't be confused, currently there are many new projects that promise big profits, crypto has been proven to make many new rich people so we deserve to be made the main choice, of course we have to be wise in putting money, don't put all the money in crypto but we have to spread it to several places like gold, stock or others.

i think there is no project courage give us promise or profits guarantee, if any of them maybe we will not suffering loss now. each developers team trying to work the best they can by delivering product to solve problem in market, and if achieved price will follow and investors get profits. diversify assets was important stage to avoid huge loss from one portofolio, we will distributed loss potency and also profits potency by doing it.

Semar Mesem

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Don't be confused, currently there are many new projects that promise big profits, crypto has been proven to make many new rich people so we deserve to be made the main choice, of course we have to be wise in putting money, don't put all the money in crypto but we have to spread it to several places like gold, stock or others.

Wexnident

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Bitcoin would always be a good investment, at least till the next 5-10 years at least. Just that you have to look at that long of a time frame, and not at weeks or months, so it's really going to be a long trip if you start investing in Bitcoin (and in all honesty, all investments take time to grow). Other coins would be better options in the short term I think, their growth rates are a lot bigger in the short term if you were able to pick off a good coin out of all the thousands of coins out in the market. It's gonna be hard though so be prepared to lose a lot imo.

asus09

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Quote from: laredo7mm on April 20, 2022, 09:04:55 AM

Invest in people's interests. Find out which trend is ongoing because that is the place where people will invest more actively. A project can have a long-term vision but if people are not interested in that right now then leave it now and keep it in observation.

I think a 10 or 20 years plan of investment is bogus. We do not know what will happens after that long period of time. Also, I do not like to keep my assets as a sitting duck.

I agree with your opinion, Before you invest you should study first, I invest in many fields, I also invest in gold, and silver, but the investment that I am most interested in is btc, although there are many risks when we invest in btc, but I'm not too worried because I have proven myself investing in bitcoin is very promising and can get bigger profits, but the key to investing in bitcoin is that we have to be extra patient.

RealMalatesta

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Quote from: AicecreaME on April 19, 2022, 10:09:37 AM

Given that you are new in this field, you can start off buying bitcoin first and other top coins in the market which are considered to be profitable even if time passes by. If you wanted to be sure, invest in bitcoin first and then later on, when you already have the skills and knowledge needed, start diversifying with other coins in the market that has a good background project.

Bitcoin is still profitable. You can keep some for the long term and you can try to risk it in futures as well if you are into risk taking and of course, already possesses the qualities needed to trade. You will get the process as you do it on your own. Be sure to educate yourself before making any move because you could lose and regret it big time. Make strategies and calculated decisions when it comes to crypto. You can follow several professionals tips and maybe enroll in some paid classes to know and learn more.

This is what I did as well, to be fair when I joined there were like maybe 5 coins, and Bitcoin was the biggest so entering with bitcoin wasn't a difficult decision but eventually with time, I didn't join to every new thing neither. I never invest into something that is younger than one years old, I have done it before and saw the consequences.

Maybe this means that I will not be getting rich overnight, maybe I wouldn't be surprisingly rich, but at the end of the day we are talking about long term and less risky method here. Buying bitcoin means you will be in the crypto world, then you can take your time to see what else you want to invest into.

Lubang Bawah

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Current economic conditions are very difficult to predict, many investors have been scammed from investments that promise big profits, as investors we have to be realistic that the most important thing about investing is that we have full control, can sell at any time so that when we make a profit, we can use it to add other types of income. investment and we can get it in cryptocurrencies.

Shasha80

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Quote from: bocyaj on April 20, 2022, 06:52:25 PM

Bitcoin is the good option for you.It had a history over decades,So it can’t be destroyed easily.Very simple way to get a good profit is holding in bitcoin.Whenever the good way of getting investors will be get by the altcoin project.All new investors will come to know about the bitcoin,it only had a good future for the way of good pump in the bitcoin price for long run.

From my experience investing in several assets, for me only Bitcoin provides a satisfactory profit. Therefore I agree that Bitcoin is the right
choice for investment, Bitcoin is actually very good for short-term or long-term investments. Depending on our respective strategies and
analytical skills, which ultimately determines how much profit we can make from Bitcoin. After all, the price of Bitcoin is very affordable
for anyone, because buying Bitcoin can be according to the financial capabilities of each of us. The process of buying and selling Bitcoin is
also very easy, it can be done anytime and anywhere.

jaberwock

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Quote from: Silberman on April 20, 2022, 05:25:15 PM

I think my first question is how long do you plan to hold the coins that you buy during this year? I ask this because even if I think there is a good chance this year will be a good one for bitcoin, at the same time we know there are no guarantees in any market so we need to have a plan in the case our prediction goes wrong, this is the main reason why many people recommend to get bitcoin instead of altcoins, since holding bitcoin for the long term can only bring you profits while holding altcoins for such a long period of time is a bad idea most of the time.

Right, the choice of short term and long term can really impact our decision making in the market. If you are not considering these, you would be missing something. We know that bitcoin maintains its growth, so anyone that is looking for something that they would invest in and still make profit no matter what, bitcoin is the answer. The question is whether you’re going to be able to wait? Because no matter when you invest, there will always be sure profit in the future. The problem with some people is that they end up giving up, and accept their losses.

Sebas.tian

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Quote

Bitcoin is the good option for you.It had a history over decades,So it can’t be destroyed easily.Very simple way to get a good profit is holding in bitcoin.Whenever the good way of getting investors will be get by the altcoin project.All new investors will come to know about the bitcoin,it only had a good future for the way of good pump in the bitcoin price for long run.

Exactly, bitcoin hard to fail investors because still remain the best coin you can invest a huge amount of capital and start rejoicing for the massive income you will get in return. It is very easy for new investors to experience positive impact from bitcoin investment because it pump to allow investors to sell to make a good profit and also dump to allow investors to buy and hold for better future to come. Many people has tested bitcoin investment with small money some years ago and became a millionaires in the community because they bought bitcoin when the price was low in the market and hold for the price to increase higher.

Topic: Where should I invest? - page 16. (Read 5181 times)