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Topic: Why Bitcoin will be the safest investment - page 7. (Read 1504 times)

full member
Activity: 364
Merit: 100
October 07, 2018, 12:19:40 PM
investment reasons are not looking for safe but looking for profit, basically bitcoin is an innovation (blockchain) which is developed into a digital currency. The 4 points you mentioned in my opinion are correct. and the point from me why do we have to invest in coins?
1. a very new technology system
2. we can see the bitcoin chart during 2009 until now in my opinion this is still very early and can still benefit ...
legendary
Activity: 1862
Merit: 1015
October 07, 2018, 12:16:26 PM
IMO, bitcoin still volatile and hacker always found the way to hack.

Volatile : bitcoin value always unstable from time to time

Hacker : because hacker recently hack Japanese exchange, it's affect on bitcoin value globally !
full member
Activity: 421
Merit: 105
October 07, 2018, 12:14:04 PM
there is no drastic drop from bitcoin, now bitcoin is still one of the most potential coins of any coin. bitcoin will not be easy to become a dead coin, so that is why many people choose bitcoin to be used as a trusted investment asset.
Yeah i agree with you. So far anything here is very volatile but its not that bad. Maximizing it will bring out better opportunities for the industry and many more.
full member
Activity: 527
Merit: 101
DIA | Data infrastructure for DeFi
October 07, 2018, 12:09:49 PM
Bitcoin has a very secure technology. And if you properly organize your investment, choose the right reliable wallet, then your investment will be very safe and hackers will not get about your coins.

legendary
Activity: 2912
Merit: 1068
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October 07, 2018, 12:02:18 PM
There is no safe investment, such thing doesn't exist. Risks are always present, some biger and some smaller and you can't escape that.
Bitcoin is risky because of volatility especialy on a short term. Investing in Bitcoin on long term you can mitigate risks better and chances for profit are a bit biger.
Basicly everything depends on your risk apetite and your overall goals but you have to be prepared for losses too so be sure you calculate that in your strategy.
full member
Activity: 783
Merit: 100
October 07, 2018, 11:54:20 AM
there is no drastic drop from bitcoin, now bitcoin is still one of the most potential coins of any coin. bitcoin will not be easy to become a dead coin, so that is why many people choose bitcoin to be used as a trusted investment asset.
hero member
Activity: 1666
Merit: 565
October 07, 2018, 11:50:58 AM
A lot of crypto fans and investors are now worried about continuous bearish trend for Bitcoin price and other cryptocurrencies this year 2018. And now beginning to doubt  their initial commitment to the Bitcoin ecospace. A lot of people have forgetting the core idea behind the invention of Bitcoin. Most of us have forgetting that Bitcoin was created to challenge the established FIAT system where money can be printed without control and no regards for inflation.

This is entirely not the fault of most of us but it is because of the Bull run Bitcoin has enjoyed so far especially in 2017 where price reaches as high as $20,000. We all got greedy and forgot about the initial ideals behind bitcoin. We all want to cash in the same Fiat currency bitcoin is trying to challenge. This in my opinion is one of the reason why bitcoin price fell this year. We do not fully trust the crypto space yet.

Bitcoin is here to stay and will remain dominant for the future and I still consider it as the most secured investment in this digital age after gold. Below are some of the reasons why I think Bitcoin is a safe investment

1. Bitcoin has already achieved mass adoption though this is subjective . A lot people will now accept bitcoin payment without worrying about how to exchange it.
2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.
3. Bitcoin remains dominant in the coinmarketcap with 55% of the entire marketcap
4. Bitcoin current price is still higher than what it is this same time last year

Please I will appreciate if anyone can add reason why they think Bitcoin is a safe investment.

bitcoin is not a safe investiment. We have to be realist.. bitcoin is a risky investment.
And i would add that it's true that a lot of people now accept bitcoin as payment, but how many of bitcoin's owner use btc to purchase things?
jr. member
Activity: 386
Merit: 1
October 07, 2018, 11:44:06 AM
Investing in bitcoin still has risks, but compared to other crypto, bitcoin is much safer, which bitcoin has proven its endurance to date, and is more likely to survive in the long run.
sr. member
Activity: 1498
Merit: 374
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October 07, 2018, 11:43:36 AM
A lot of crypto fans and investors are now worried about continuous bearish trend for Bitcoin price and other cryptocurrencies this year 2018. And now beginning to doubt  their initial commitment to the Bitcoin ecospace. A lot of people have forgetting the core idea behind the invention of Bitcoin. Most of us have forgetting that Bitcoin was created to challenge the established FIAT system where money can be printed without control and no regards for inflation.

This is entirely not the fault of most of us but it is because of the Bull run Bitcoin has enjoyed so far especially in 2017 where price reaches as high as $20,000. We all got greedy and forgot about the initial ideals behind bitcoin. We all want to cash in the same Fiat currency bitcoin is trying to challenge. This in my opinion is one of the reason why bitcoin price fell this year. We do not fully trust the crypto space yet.

Bitcoin is here to stay and will remain dominant for the future and I still consider it as the most secured investment in this digital age after gold. Below are some of the reasons why I think Bitcoin is a safe investment

1. Bitcoin has already achieved mass adoption though this is subjective . A lot people will now accept bitcoin payment without worrying about how to exchange it.
2. Bitcoin is limited in supply , only 21 Million Bitcoin can ever be created. Out of which 4 million is already lost making it 17 Million.
3. Bitcoin remains dominant in the coinmarketcap with 55% of the entire marketcap
4. Bitcoin current price is still higher than what it is this same time last year

Please I will appreciate if anyone can add reason why they think Bitcoin is a safe investment.

I agree with the things on how bitcoin turns out to be the safest one. But then I believe that it is not 100% safe or not even the safest. It is still in the digital world wherein a lot are actually in the good go for bitcoin.

    Well, it is not the safest as people would think whom experienced the lost during the dive on its price value on the market. it would safe to say that, its is the most stable now in the market compared to all crypto and even to ALT coin as posted in the market. it maybe true to the early investor when the price value is at very low and even with the price value at the level now (6,556) they may have still profits of their investment. remember the investment have the same degree of RISK.






hero member
Activity: 1098
Merit: 500
October 07, 2018, 11:31:27 AM
If you choose from all possible investments now, to bitcoin is really the most successful investment. I would not call it the most secure, because the risks still accompany cryptocurrency, but I prefer to invest in bitcoin.
newbie
Activity: 14
Merit: 0
October 06, 2018, 09:45:06 AM
Prices are strongly affected by supply and demand. We can withdraw our property without waiting for approval from others and we can do anytime and anywhere. And if those who invest in bitcoin have no knowledge or patience then that would be a risky investment. I believe in bitcoin and it is the most stable on the electronic money market. We can not say that it is stronger next year. We all know that there are many unsafe coins to invest.
newbie
Activity: 42
Merit: 0
October 04, 2018, 01:13:17 PM
For me, the safest coin is AML BitCoin. AML BitCoin´s transaction system employs patented multi-factor authentication for every AML BitCoin transaction.
sr. member
Activity: 1050
Merit: 269
October 04, 2018, 12:34:13 PM
good opinion, as you explained, now bitcoin has become the safest investment in the cryptocurrency world, many people are also interested in continuing to invest in bitcoin, even though the price is quite expensive, but there are still many who can get profits with the right capital

Safe in terms of transaction and storage options probably, but not quite so as an investment. Any investing tool that exemplifies erratic prive movement is always deemed higly risky and never safe. And bitcoin, till date, remains to be as volatile as ever.

Though i must say, bitcoin has proven to be a very profitable investment unlike any other before it. Not even gold was able to achieve what bitcoin had achieved in multiplying its growth value.

Thus, bitcoin is indeed profitable (with enough patience and non-impulsive drive) but not as safe as many would say if we talk about investments.
newbie
Activity: 56
Merit: 0
October 04, 2018, 12:22:19 PM
The Bitcoin   Made like 25% recently buying bitcoin at 6300 and selling at 6500-6600 on binance repeatedly... Talk about an easy strat, don't try that.
sr. member
Activity: 826
Merit: 250
October 04, 2018, 12:03:35 PM
We all know that have so many coins are not safest to invest, and ill think it depends only to a exchange if that be safe to invest on some coins in their. Bu talking of bitcoin if this was safest to invest, Maybe it is safest because as far i know that bitcoin was the only coin that have some huge price so maybe the owner of bitcoin will find a way to be safest all of time.
because the security system from bitcoin is very good for maintaining accounts and wallets and I believe bitcoin is safe from hackers hopefully there won't be theft
newbie
Activity: 40
Merit: 0
October 04, 2018, 11:54:14 AM
Bitcoin will be the safest investment Because Bitcoin Price doing up and down , all product price doing up down, all product may you lost but bitcoin being not wast.
full member
Activity: 468
Merit: 100
October 04, 2018, 11:20:30 AM
good opinion, as you explained, now bitcoin has become the safest investment in the cryptocurrency world, many people are also interested in continuing to invest in bitcoin, even though the price is quite expensive, but there are still many who can get profits with the right capital
hero member
Activity: 1652
Merit: 518
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October 04, 2018, 11:16:10 AM
We all know that have so many coins are not safest to invest, and ill think it depends only to a exchange if that be safe to invest on some coins in their. Bu talking of bitcoin if this was safest to invest, Maybe it is safest because as far i know that bitcoin was the only coin that have some huge price so maybe the owner of bitcoin will find a way to be safest all of time.
full member
Activity: 233
Merit: 100
October 04, 2018, 10:45:40 AM
Bitcoin is the safest investment because it was already proven and tested. It is also the first crypto currency with high number of investors and supporters.
the security of bitcoin depends on us how to make the wallet safe from hackers, because for bitcoin wallet there are several ways to secure, one of them is with 2FA Authentication
sr. member
Activity: 1050
Merit: 269
October 04, 2018, 10:16:26 AM
I believe in bitcoin as a good investment. It is the most stable on the cryptocurrency market and is getting stronger every year.

Stability in the sense of continuous popularity, adoption and growing interest, yes. But as to the price? Perhaps not.

Should stability of price becomes innert to bitcoin, then we all might lose that golden chance to become a millionaire overnight. Price volatily is what makes bitcoin a sensation. Truly, a very potential investment tool, but not so safe (truth to be told). With bitcoin's high profitability, the stakes and risks are way too high too. One should thread the waters with utmost care.
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