Author

Topic: Why Bitcoin is a Good Investment? (Read 365 times)

member
Activity: 96
Merit: 11
January 21, 2018, 08:28:24 PM
#43
I'm not going to give advice on that. In even the best-case scenario, Bitcoin is incredibly risky ... so if you do invest, you should go in expecting to lose all of it.
newbie
Activity: 32
Merit: 0
January 21, 2018, 11:12:31 AM
#42
Bitcoin is a good investment because despite its position right now, its still a long way from its peak. We should see more of bitcoin in the past few months, so you best be sure you've invested in it or else you might regret it.
member
Activity: 70
Merit: 10
DHrJPBSTfSbJAvAVbRXuJ1j8L7XP3uNjdZ
January 21, 2018, 07:34:56 AM
#41
In simple terms just look at the profit chart, no other investment will yield this much profit in such a short/long term.
newbie
Activity: 28
Merit: 0
January 21, 2018, 07:06:47 AM
#40
Why do you think Bitcoin is a Good Investment?


BTC is an alright investment, but there are many other coins that are as safe not to lose money with a lot higher upside. 2018 will be a big year for many coins I dont believe BTC will do anything crazy.
newbie
Activity: 12
Merit: 0
January 21, 2018, 06:00:13 AM
#39
yeah. How do you say so? hmm. Will I learn a lot here more than I expect? hmm. No wonder this is in demand coz of the money they can earn here. hmmm. So excited.
newbie
Activity: 47
Merit: 0
January 21, 2018, 04:30:17 AM
#38
Analyst Saxo Bank Kay Van Petersen predicts that in 10 years, the Crypto currency will be 10% of the daily average volume of currency trading, and that the price of bitcoin will reach $ 100,000. This means that if you invest $ 5000 in bitcoins today, your investments will increase by more than 2000% in 10 years. No other investment is yet able to come close to such a potential return.
newbie
Activity: 7
Merit: 0
January 21, 2018, 12:59:27 AM
#37
This is high-risky but very profitable investment.
jr. member
Activity: 77
Merit: 5
January 21, 2018, 12:51:14 AM
#36
Bitcoin is a good investment its because of its huge value at it continue to increase even though its value is volatile but it will still increases more rathen than falling so its good for long term investment rather than bank.
newbie
Activity: 10
Merit: 0
January 21, 2018, 12:07:53 AM
#35
Hello James,

I think there are a lot of opinions here. I can give you 2 facts that will help you make a decision.


  • Bitcoin has a limited supply, there will only ever be 21 million coins... so if lots of people want them, they become very valuable. When the US government needs more Dollars, they will print more... by printing more, they decrease the individual value of each dollar, this produces "inflation". What would happen if they couldn't print more dollars? Instead of being an "inflationary" currency the US Dollar would be "deflationary" which means that rather than each dollar losing its value over time... each dollar would increase in value over time. This is how Bitcoin is designed, to be deflationary by having a very limited supply, and since there is a limited supply it is very likely to continue to have increasing value over time.
  • Alternative coins have become popular as well. These are similar to Bitcoin but have different uses. The interesting part for your question is that in order to buy these "alt coins" many of them require that you use Bitcoin to trade them. This is called a trading pair. Bitcoin is the most popular trading pair which makes it an entry point for many investors looking to buy into other coins in the market. This utility helps keep the market liquid and active, worth noting that it may not always be this way in the future.

Continue to do your research so you can ask increasingly better questions. I hope that was helpful!

If you want a more detailed rundown on what makes Bitcoin so popular and valuable this guide can be helpful.

https://www.upfolio.com/ultimate-bitcoin-guide



jr. member
Activity: 70
Merit: 1
January 20, 2018, 04:49:03 AM
#34
 yes it is.

If you’re going to go into it – do your own research and count out all pros/cons. Crypto looks amazing for investment these days, I mean, have you seen the latest price analysis?

The best parts about investing in Bitcoin are probably the fact that it’s on a rise right now, looks stable to majority of people (especially the ones who are playing it smart, not taking risks and using trustworthy software), you can actually use it to pay in your everyday life and more.
newbie
Activity: 5
Merit: 0
January 20, 2018, 12:43:57 AM
#33
I am not sure about btc now, may be it is not a good investition any more.
newbie
Activity: 27
Merit: 0
January 20, 2018, 12:27:16 AM
#32
Bitcoin is a good investment because of its huge value and also this is an investment in a long term that needs more patient be in order for you to earn big because its value is volatile.
sr. member
Activity: 420
Merit: 250
January 19, 2018, 08:42:25 PM
#31
If you did your research then you would know why Bitcoin is a good investment. Just check on its marketcap since the day its started or lets just put it this way; start from the year it all started until last year and see what are its patterns on the increase of Bitcoins price.
newbie
Activity: 79
Merit: 0
January 19, 2018, 07:51:58 PM
#30
It think investing in BTCitcoin is good because unlike the currency of a country which is regulated by a government, no one controls BTCitcoin. Likewise, there are no BTCitcoin banks. BTCitcoins are stored in a digital wallet on the user’s computer or in the cloud. There are risks to both of these: the wallet on your computer can be deleted accidentally or lost if your computer crashes, and a wallet in the cloud can be hacked. You just have to be careful in investing and with your digital wallet.
newbie
Activity: 25
Merit: 0
January 19, 2018, 07:41:21 PM
#29
Bitcoin is a good investment for long term because in order for you to earn big you need to wait patiently for its value to rise.
jr. member
Activity: 60
Merit: 1
January 19, 2018, 07:36:53 PM
#28
Bitcoin is an advanced technical to avoid central control, safe and worldwide use.
Just now it is accepted by everyone and also have transportation speed, payment fee too expensive problem.
But after years of development and promote I think this kind of problem will solve.
Sure keep long time hold you will get not bad profit.
newbie
Activity: 47
Merit: 0
January 19, 2018, 05:15:26 PM
#27
Today, I did not hear anything about the bitcoin except the lazy one. The hype around the crypto currency is becoming more and more popular, and quite often, many believe in the great future of electronic coins, who do not give them any importance, and many who put the "crypt" on a par with the financial pyramids. So that people have a chance to make money.
newbie
Activity: 122
Merit: 0
January 19, 2018, 09:46:36 AM
#26
There's not just Bitcoin there's an entire market where you can make thousands in a day by just making smart investments.
member
Activity: 126
Merit: 15
HodL!
January 19, 2018, 08:25:27 AM
#25
I'd say that it is not an investment but a speculation. It has no earnings like a traditional company on the conventional stock market.

I see it more like a commodity similar to gold, silver or the precious metals, only in digital form. It has all of the attributes of 'money' like a limited quantity, divisible, fungible, durability (The blockchain has yet to be hacked as far as I know)

It appreciates as long as someone is willing to pay the latest price. With more people worldwide learning about cryptos and a place to park some of their money, it should continuously receive new money IMO. (In some countries, it is a hedge against a declining currency due to debasement and corrupt governments)

Time will tell.
jr. member
Activity: 50
Merit: 10
January 18, 2018, 09:42:11 AM
#24
Why do you think Bitcoin is a Good Investment?
For me bitcoin is a good investment and the price is so huge.
This is great to invest.
newbie
Activity: 84
Merit: 0
January 18, 2018, 09:31:43 AM
#23
For me it is good investment, as time goes by bitcoin value exponentially increases.
full member
Activity: 644
Merit: 100
January 18, 2018, 09:14:04 AM
#22
Bitcoin is the product to invest in. Price yesterday fell below 10k, but today again a little jumped to 11k. It's a good time to buy. I think the price will grow in the future and I would invest now.
And why invest? It's like any investment, you do not know if you'll be profitable. But with bitcoin, you can make a lot of money but much to lose too.
It's up to you to decide whether or not you want to invest and how much you want to invest.
member
Activity: 238
Merit: 11
January 18, 2018, 07:32:10 AM
#21
Karena kita bisa memantau pergerakan pasar tanpa bantuan orang lain , jadi kita bisa mengatur kapan kita akan menjual aset kita dan kapan kita akan membelinya . Bitcoin tidak ada yang mengatur pergerakannya dan tidak ada undang undang negara yang mengatur bitcoin
full member
Activity: 434
Merit: 102
January 18, 2018, 06:27:13 AM
#20
Bitcoin is good investment because now her price is high and because you can win free bitcoin with faucets and mining trust sites
newbie
Activity: 56
Merit: 0
January 18, 2018, 01:48:38 AM
#19
bitcoint is a profitable investment because of the value of this cryptocurrency often rises significantly to several times in same time. the other reason, bitcoin currencies are anonymous without government control, that good for Investment.
newbie
Activity: 168
Merit: 0
January 18, 2018, 01:40:13 AM
#18
Actually it was good investment in 2011 but not now
brand new
Activity: 0
Merit: 0
January 18, 2018, 01:36:02 AM
#18
Of course it is! Bitcoin is essentially "digital gold" for millennials, and the cryptocurrency could easily achieve the $100,000 range. I would recommend you to read about it on special sites with articles about blockchain and crypto like bitcoinwiki.
jr. member
Activity: 48
Merit: 4
January 18, 2018, 01:27:23 AM
#17
Blockchain as a technology is a serious innovation and has the potential to change a lot of industries. Bitcoin was the first, but I frequently wonder if we will remember it fondly the same way many of us remember geocities and myspace. As a relic. Bitcoin itself is riddled with problems. Its slow, the transaction cost is absurd, it not terribly secure or private and it isn't goof for the environment. I think this guy did a nice job pointing out all the reasons I'm not holding BTC long term: https://www.linkedin.com/pulse/slow-expensive-insecure-unaccepted-complex-reasons-why-schapiro/. In fact, I'd bet that if it wasn't the primary gateway to the world of altcoins, it wouldn't be growing much at all.

There are a lot of active projects coming to life to solve for bitcoin's issues. Deep Onion is doing a spectacular job on the side of privacy. Bitcore is kicking ass on transaction speed. Who will really come out on top in the end? Well, that my friend is how you actually make money.

When the search engine race was on and yahoo, lycos, infoseek, ask jeeves, altavista, and way later google were fighting for your attention, It wasn't the early front runner who won. I personally wouldn't be surprised if the titans of blockchain aren't even born.
newbie
Activity: 33
Merit: 0
January 17, 2018, 11:06:49 AM
#16
Why do you think Bitcoin is a Good Investment?

Bitcoin is a good investment because there will only ever be 21,000,000 tokens, meaning that it may stay consistently valuable or increase in value relative to other types of currency which can be printed endlessly. Also, bitcoin is increasing in popularity, network effects, security, immutability and status as the first ever in a growing world of digital currencies.
newbie
Activity: 19
Merit: 0
January 17, 2018, 10:06:09 AM
#15
I don't know how good of an investment it is at the moment, it just fell below $10,000 and I think the drop won't end there.
jr. member
Activity: 392
Merit: 2
January 17, 2018, 08:43:09 AM
#14
Why do you think Bitcoin is a Good Investment?

BTC is a good investment if you have invested at the early stage. We have seen a lot of times that BTC dropped from its usual price. But still it recovered. Now, it is still a good investment considering the predictions coming from legit analyst such as John McAfee with his model. It's best to invest in the mid year and hopefully the price will go up by the end of this year. But remember, every investment has its own risk.
newbie
Activity: 6
Merit: 0
January 17, 2018, 06:02:02 AM
#13
in this last 2 days bitcoin fall very deep. i'm in a little bit scare right now, honestly. is it because many people move to bitcoincash (bch) ?
jr. member
Activity: 183
Merit: 2
January 17, 2018, 05:22:06 AM
#12
I think that who buy BTC only with the aim of making a lot of cash he doesn't understand anything.
BTC isn't a way to make easy money, is a complex system in which everybody is free and his anonymity is preserved.
We have to understand how powerful is the decentralization of BTC and how the blockcain works and maybe we can live in a free pacific market. Wink
member
Activity: 168
Merit: 10
January 17, 2018, 04:53:16 AM
#11
Bitcoin is a good investment because of its huge value,rather than bank in bitcoin you can be able to earn big from your investment because and all you need to do is to be patiently for its value to reach atleast $30k before you will sell your btc to earn big.

That's right. The price or value really speaks a lot on why people are getting hooked up on investing with bitcoin. Also, since there are many news supporting its legitimacy and its projected continual rise, more and more are actually beginning to see its seemingly limitless potential that many ignored before due to the negative notion people tied up with the cryptocurrency market, and specifically, to bitcoin. If you plan on investing or doing some business ventures in the bitcoin market, it would help if you actually have a guide or an app that you can use to help you gain critical and analytic information like Daneel (https://daneel.io). It provides up-to-date and actual market information that could help you know what better options to choose when investing. It also has a new technology of gauging the market's emotions. This shows you how people feel about one coin, which could somehow hold water because you can see how many supports it.
newbie
Activity: 39
Merit: 0
January 17, 2018, 04:49:13 AM
#10
take to risk in bitcoin because we don't know the future outcome but for me, digital world will run soon
newbie
Activity: 168
Merit: 0
January 17, 2018, 04:28:06 AM
#9
Even i'm a newbie i can say that bitcoin is a good investment not just because of todays value but because the number of this coins is limited meaning there is a high chance that the price of this can still go up. However, I still have lots of concerns and questions that i would like to understand first to lessen my hesitation.
newbie
Activity: 38
Merit: 0
January 17, 2018, 03:52:08 AM
#8
我认为比特币是一个很好的投资,只是最近在跌,但是这应该只是暂时的吧,如果有闲置的资金我觉的是可以买一点的
jr. member
Activity: 65
Merit: 5
January 17, 2018, 03:33:45 AM
#7
John McAfee has stated that he will "eat his dick" if bitcoin doesn't reach $1,000,000 by the end of 2020 (https://twitter.com/officialmcafee/status/935900326007328768). I find that quite believable. In any case, we either get rich from our holdings or see an elderly man eat his own genitalia. Win-Win
newbie
Activity: 12
Merit: 0
January 16, 2018, 02:57:58 PM
#6
Bitcoin is a good investment because the price will raise, last year the price only $2000-$5000 and now almost reach $30000
newbie
Activity: 112
Merit: 0
January 16, 2018, 02:22:13 PM
#5
It's a way to diversify your investments from the regular asset classes
newbie
Activity: 2
Merit: 0
January 16, 2018, 08:26:40 AM
#4
Hello

I'm new on bitcoin talk but watching things for some time now. Bitcoin is not only a good investment, it's the grand father of them all. Lot of crypto are linked to bitcoin, change is easier in bitcoins and it couild become some kind of reserve value for the crypto world. So yes, I think it's a good long term investment, and almost everythng a good entry point.
newbie
Activity: 53
Merit: 0
January 16, 2018, 08:22:23 AM
#3
Bitcoin is a good investment because of its huge value,rather than bank in bitcoin you can be able to earn big from your investment because and all you need to do is to be patiently for its value to reach atleast $30k before you will sell your btc to earn big.
newbie
Activity: 21
Merit: 0
January 16, 2018, 04:50:15 AM
#2
See history of bitcoin price, and you understand without comments
newbie
Activity: 4
Merit: 0
January 16, 2018, 04:47:46 AM
#1
I know that Bitcoin is becoming popular and there are more and more people invest in it but which reason do you think that people invest in Bitcoin?
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