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Topic: Why Bitcoin will be the safest investment - page 9. (Read 1504 times)

newbie
Activity: 43
Merit: 0
October 04, 2018, 01:35:13 AM
Even without regulation it has no value. A new currency pops up every week with the same properties as the last and somehow they all have positive market capitalizations- creating 'value' out of thin air. It fits the exact definition of a speculative bubble.
full member
Activity: 714
Merit: 114
October 04, 2018, 01:30:29 AM
Actually I don't think that bitcoin can be the safest investment since were all know that investing in cryptocurrencies it's too risky because of its price fluctuates to high it might be dump to hard or fall.

of course all of us already knew that cryptos are all risky due to their unstability but not only cryptos because even other legal investments do also have a risk because not all times you can get a return for your invested capital .

now going back to cryptos  ,  bitcoin can be considered safe among other cryptos because it is the first coin and already been tested for years .

hero member
Activity: 1274
Merit: 516
October 04, 2018, 01:25:10 AM
I dont think bitcoin is the safest investment, its true that bitcoin got limited supply and the more adoption could make the price go higher, but now the problem lies in adoption, and some of the feature makes bitcoin not benefit the country, and the government able to ban bitcoin, with less adoption the price will fall down, and I personally think bitcoin is the most profitable investment but not the safest, decentralised investment safety cant win with centralised investment
full member
Activity: 485
Merit: 105
October 04, 2018, 01:17:16 AM
Actually I don't think that bitcoin can be the safest investment since were all know that investing in cryptocurrencies it's too risky because of its price fluctuates to high it might be dump to hard or fall.
full member
Activity: 504
Merit: 100
October 04, 2018, 12:38:23 AM
I think bitcoin is the best and safest investment in my opinion, this bitcoin has a very limited total supply and has technology that can record all transactions that have been done and the security for access is also very high because it has a random private key to enter the wallet you, so bitcoin is the safest and most convenient investment place.
member
Activity: 180
Merit: 10
October 04, 2018, 12:19:03 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.

of course bitcoin is a safe investment, because all the processes are clear
Your wallet will be safe with your personal paseord, many systems that have been arranged safely and in detail
sr. member
Activity: 485
Merit: 250
October 03, 2018, 11:48:15 PM
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.

You've listed all the points . I will just add that the Cryptocurrency Market Capacity will continue to grow.
hero member
Activity: 1358
Merit: 538
dont be greedy
October 03, 2018, 11:38:53 PM
Bitcoin investment is indeed the safest investment but i don't think bitcoin is limited. As days go by, new bitcoins are mined. The number of bitcoins which were available in 2017 is not the same as the number of bitcoins available now. One of reasons for  reduction in the market price of bitcoin is due to increase in the number of bitcoin circulating.

it is a coin that is allocated to miners, if the coin runs out, the maximum total supply for bitcoin is 21 million, and it will not be more than that
what is meant by total supply is limited, the amount has been determined from the beginning, and allocated to several sectors, namely for investors, minted and so forth
newbie
Activity: 2
Merit: 0
October 03, 2018, 11:22:14 PM
The price of BTC is not that steady. Consider the price of BTC in August, it is over $8000. However when you review the price now (Oct), it dropped to $6569.
member
Activity: 383
Merit: 10
October 03, 2018, 10:59:33 PM
Because bitcoin is the coin with greatest price. Bitcoin is the father of all the coins. Bitcoin went through many tough challenges to survive up to now. There are many people who invest in bitcoin. The bitcoin market is always stable.
indeed what you say in your opinion is very true but the risk in investing is very large one of the risks obtained is the security of our coins because there is currently no institution that protects the security of the coins we have
newbie
Activity: 35
Merit: 0
October 03, 2018, 10:08:45 PM
because bitcoin is decentralized, it can not be controlled by anyone. And I believe that bitcoin will never die, that is the reason why i think bitcoin is the safest investment
full member
Activity: 2086
Merit: 193
October 03, 2018, 07:39:10 PM
BTC will be the safest investment because, blockchain technology has a unique feature which makes every transaction very secured and also transparent. Investing into it has so many benefits more than the disadvantages.
There's so many coins that have its own blockchain technology but bitcoin is really different because its the top coin and bitcoin started this journey towards in a good future. Bitcoin is always a good investment, a good decision to hold and it will always rise after so many fall.
94K
member
Activity: 350
Merit: 10
HiveNet - Distributed Cloud Computing
October 03, 2018, 07:23:26 PM
BTC will be the safest investment because, blockchain technology has a unique feature which makes every transaction very secured and also transparent. Investing into it has so many benefits more than the disadvantages.
full member
Activity: 2128
Merit: 180
October 03, 2018, 06:32:27 PM
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.
Bitcoin is really a huge coin and for a new investors buying bitcoin is the safest investment for them because its value continues to increase. I believe on bitcoin and every time someone asking for my opinion about what to buy, I always suggest bitcoin to them.
newbie
Activity: 64
Merit: 0
October 03, 2018, 06:28:51 PM
Bitcoin  investments are stacked with risks in perspective of the cost is vastly unpredictable in which it didn't find the cash related specialists to a without question advantage and also, it was all inclusive all through the news about snare stretches that are utilizing Bitcoin sort out in which it makes individuals amazingly panicked, making it infeasible to contribute. So in the event that you verbally express most secure its implicatively imply that the general open is 100% most secure in this undertaking which isn't real.
sr. member
Activity: 728
Merit: 250
October 03, 2018, 06:06:05 PM
Because bitcoin is the coin with greatest price. Bitcoin is the father of all the coins. Bitcoin went through many tough challenges to survive up to now. There are many people who invest in bitcoin. The bitcoin market is always stable.
Bitcoin is the safest investment in this market but if you really want to make sure to avoid losing money over the long term then I will say that buying gold or even silver are a better option than bitcoin, bitcoin and cryptocurrencies in general are a great way to make a lot of money very fast but are not the safest options if you compare them to gold and silver.
jr. member
Activity: 308
Merit: 1
October 03, 2018, 04:46:34 PM
#99
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.
member
Activity: 949
Merit: 48
October 03, 2018, 03:56:27 PM
#98
bitcoin is a trustworthy coin. Because this code is accepted by the whole world. And this is what most countries use. Investors have trusted this coin because it has a good future. bitcoin is a coin showing success. Investors also made a big profit. Today, bitcoin is used as a digital currency. Bitcoin is a fixed coin. Therefore, investors can invest without fear, bitcoin is safe.
Well it is really the safest investment that I ever had. Bitcoin is in our hand and we can hold it by our own, so I think it is really safe, we are really the one who are responsible for the security of our bitcoin holdings, so if it will lost we cannot blame anybody foe the lost of it. I think we only need to be more responsible for our bitcoin and store the private keying a verry safe place foe good.
member
Activity: 62
Merit: 10
October 03, 2018, 03:42:31 PM
#97
bitcoin is a trustworthy coin. Because this code is accepted by the whole world. And this is what most countries use. Investors have trusted this coin because it has a good future. bitcoin is a coin showing success. Investors also made a big profit. Today, bitcoin is used as a digital currency. Bitcoin is a fixed coin. Therefore, investors can invest without fear, bitcoin is safe.
newbie
Activity: 12
Merit: 0
September 29, 2018, 10:05:07 PM
#96
Because bitcoin (and stability as a means of storing value, whether it's worth $10, or $100, or $1000) won't go away. Bitcoin has always been a stable means of value storage

You are right, bitcoin is existing for so many years now even if it is volatile it can still manage to improve itself and as time passes by the price keeps increasing and huge potentials are still there.
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