Topic: Why is Bitcoin the best asset for investment currently? - page 4. (Read 1396 times)

Hong Kong Spot BTC ETF is at the edge of being approved.



Don't sell your BTC for peanuts yet.


Looks like SEC will not have any option than to approve ETH spot ETF

Looks like👇🏻

Blackrock > SEC

I'd say bitcoin is the best in the long run. They call it a volatile asset because it has these 50% and more drawbacks, but that only affects traditional investors. Bitcoiners in time become immune to it and don't care that there was a 60% correction because in a period of 5 years they're up 100% anyway, so what does it matter if they're 100 or 200% up? They can take it, while for a normal, traditional investor this is a catastrophe.

This is one of the things that got me interested in bitcoin. No traditional trader can withstand a 70% correction in a bull market, but a bitcoiner can and this is what separates the wheat from the chaff.

That’s the higher advantage of bitcoin, the more people will buy and hold, the more limited its supply will be, thus pushing its price and reach another all time high. The longer you hold your bitcoin, the higher price it will be, hence the bigger profits you’re going to reap when you decide to sell. Unlike other assets that lose its value in time, bitcoin still stands out in case of profitability in the long term, as not all investments become highly profitable along with time.

In an actual sense, limited availability is the reason why Bitcoin is so volatile and the same is the reason for all other cryptocurrencies. You see, if an asset doesn't have any buyers or sellers even if it has limited availability, it wouldn't be very volatile because volatility is when people ask or bid for different prices, and if the availability is limited, those asking and bidding prices would keep fluctuating because every other trader would make their bids and asks for a different price, sometimes it will go up and go down based on market conditions.

So since Bitcoin had a limited supply, as soon as people started buying and selling Bitcoin, it started moving, and when those buyers and sellers increased in number, the movements started multiplying, and look at where we are today and we are optimistic that the movement will keep increasing over time as the demand increases.

Yes you're right, asides bitcoin it's advisable for one to do a proper research about a said investment before they partake in it,  most of all those influencers or so called crypto whale are paid to advertise some projects but won't tell you the risk involved in it, until you discover it yourself and by then it might be too late cause you might had lose from the project and you'll have no one to hold accountable but yourself for taking the wrong decision.

 That's why DYOR is very important, atleast you'll discover the benefits and disadvantages to investing in that project before making investment. However investing in bitcoin currently is a very nice decision anyone could think of especially for those investing on a long term, you're right because it's volatility makes it a unique asset and those who invested in it when it was below 60k could testify of the huge profits they made currently.

The power of bitcoin is not possessed by other assets, making it a much better investment. Bitcoin has a limited supply and cannot be increased, so this potential could create scarcity and the price will continue to be high. We used to know gold and this was an investment that most people used before bitcoin appeared, but even though gold is not as volatile as bitcoin, talking about returns is not at all the same. Gold tends to be stable and cannot provide large profits like those provided by bitcoin, so people see bitcoin as the best investment step at the moment.

If today you save 5 bitcoins, for example, then at the next ATH you will be the one who has a lot of money. The time duration may not be as long as the investment that people make in gold, which is why people see quite promising potential in bitcoin so that people are competing to start investing.

IN ADDITION BITCOIN IS A KIND OF INVESTMENT THAT IS HIGHLY ENGAGED ON WITH A VERY VOLATILE HISTORY WHICH MAKES IT VERY APPROPRIATE FOR A LONG TERM PORTFOLIO PROVIDED THE INVESTMENT THOSE NOT EXCEED 1% TO 5%
NOTE: IN EVERY INVESTMENT INCLUDES RISK.

Well, that's true because it seems to be happening in several places around me too. Those who know the news about bitcoin, which can provide big profits, make them start investing in bitcoin.
They may not know the best ways to start investing in bitcoin but they have actually invested their money in bitcoin and are waiting for the profits to come. But we don't know whether they will be able to keep waiting until the price of bitcoin increases or whether they will despair in waiting for the increase in the price of bitcoin.
But we know that bitcoin is a good investment at this time, especially with the increase in bitcoin prices that has occurred previously. That's why many people think about keeping their bitcoins until the time comes for them to sell them.

You mean if you invest $1000 in bitcoin for $69k and after 3 years bitcoin is worth $70k, and you consider this a success that bitcoin brings? I really don't understand what your business plan is here, but for me this is the biggest failure if I were the one making this investment. Because meanwhile, if I use this $1k to do other traditional jobs for 3 years, I will definitely earn x2 or x3 that amount of money. And I won't have to endure the mental torture of watching bitcoin drop to $15k.

The best investment is the one that gives you the highest returns, and whether you make good returns or not depends on you, not on bitcoin or any other asset. Even if bitcoin is the best asset, if you cannot make good profits from it, what does it mean to you that it is the best? For me, bitcoin would be useless in that case too.

Even a short one, those who are not new here don't need it anymore and not only today but BTC is the goat (greatest of all time). Also, the increase in its price is legit and not just a story or a rumour. BTC didn't became really huge after a couple of years only but it roughly takes a decade for it to achieve a price we are seeing now.

There are also lots of challenges along the way, so becoming a millionaire through it is not easy and only a few are successful. It's risky investing on something that you don't know but this is better than those people invest in the meme coins. Maybe you are not only active for you not see a post like this but that's great if you can see this as a sign to know that a cow or bull run is now approaching.

The scarcity and decentralization of Bitcoin aren't the only things that make it a good asset. If something is scarce, but people don't want it, it can still be worthless. If something is decentralized, but people don't take part in it, it's useless.
Maybe Bitcoin isn't the best, but it's a strong option. It's somewhat riskier than gold, but likely to be way more rewarding. It's not as profitable as some altcoins might be, but it's safer. So, to me, Bitcoin is just in a sweet spot of relative safety and profitability, and that's what makes it a good investment.

Many investors in my area, they only know bitcoin as an investment that has increased in price millions of times and they are confident that it will continue to increase further and that is why they buy bitcoin. What is Bitcoin, how is it created and how does it work...they can barely answer those questions but they still claim it is the best investment they have ever known. It is clear that the majority of investors are only attracted by the profits that bitcoin offers, they ignore other factors, and for them whatever gives them the highest profits is best.

Bitcoin has real potential but it still has its limitations and if we evaluate it as a whole it is clear that it is not the best asset in all aspects.

This reminds me of 7 years ago when I told my friends about bitcoin and that I had bought bitcoins and at that time they didn't know anything about bitcoin and they just didn't want to know about bitcoin until the price of bitcoin started to rise a lot because of the icos and that caught the attention of governments who started running a big campaign in which they discouraged people from buying bitcoin because it was a very volatile asset and manipulated according to them, it was at that time that the central bank of my country and the government of my country country also said that bitcoin was not regulated in my country, but that it was not prohibited to use, but that people in my country who used bitcoin would be on their own, the risk was theirs and the bank in my country would not have any responsibility for this. . Those words from my country's central bank had the opposite effect, people in my country started buying bitcoin. It's funny that this year the government of my country encourages people in my country to buy bitcoin


that word HODL and TO THE MOON They were words that, because they were written so much on the internet, made people feel more hopeful whenever they bought bitcoin and altcoins, so this thought that they should buy bitcoin and hold it for many years means that there are more and more people buying and then keeping the the price goes up and every time there is some good news and you hear that some of these rich funds have bought a lot of bitcoins, people rush to buy a lot and the history of after every 4 years the price of bitcoin goes up a lot makes bitcoin a worthwhile investment It's just that, even in downtrends, Bitcoin can still make a profit for people, it's enough for people to understand how this market works

photos like these:



 made good marketing for bitcoin 


I agree, there are many investments in the real world that go wrong, which is why even real-world investments require people to study the business a lot before making them. In the case of bitcoin, for example, history shows that people who bought bitcoin regardless of the price at which they bought it, if they held it for at least 3 to 5 years, then they didn't lose anything, on the contrary, they made a profit. an example of this is that even people who bought bitcoin at $69,000 3 years ago and didn't sell when the price of bitcoin fell to $15,000, today they are in profit because the price is above $7,000

This image is completely shows how great and cannot be covered bitcoin is .


Just now that I come to realized this reality , yeah the world can build and create everything in the world.

But never that has a chance of Bitcoin can be added from that 21 million creations and Thanks to satoshi .

I think we can have other arguments for why Bitcoin is better as an investment option than traditional investment assets even if we don't only talk about their supplies and how the supply of other assets can be increased and Bitcoin can't. When we talk about real estate, technically, the total supply of real estate is also fixed in some way because you can't create more land and it's just what we have on earth and it's all divided by borders, so a single town, city, and country would have a limited amount of land which is also why the real estate prices usually keep going up.

The best reason why Bitcoin is considered to be the best investment option is it allowed anyone to be an investor because you only need a small amount to start making investments in Bitcoin and it tends to increase in value way faster than other investment options which is why it has become the favourite.

Yeah, it is definitely about amount of period you can wait and not the amount of money you can invest. There are a lot of people who invested a lot of money, but did it right at bull period was ending, so they had to wait a bit and then get to bear market and had to sell so they made a big loss. Whereas there were people who got in at the right time, waited for many years, and turned their small investment into something much bigger.

This is why I believe that it would be smarter to just enjoy the ride and not really get caught up about the return or the amount. The more you think about it all, the worse you will do and there is really no reason why you should do something like that, it wouldn't really matter to you at all.

Governments have power, laws to govern many things in their countries and societies so they are able to govern many things in Bitcoin market and communities.

KYC, AML are products from governments and they are doing with with centralized exchanges.

They only can not censor Bitcoin transactions, can not freeze your bitcoins if you store it in your non custodial wallets and Bitcoin is unique in a way it gives us full power to control our money.

Supply and demand principle works for Bitcoin but I prefer to present one interesting trend.

Bitcoin total supply is 21M, won't change.
Demand will increase with time. Assume Bitcoin adoption will increase, not decrease.
Each four years, Bitcoin block subsidy will halve while in a same four years, adoption then demand increase a lot. New supply drops 50%, new demand increases more than 2 times.

We can say new supply from block subsidy drops but demand increases a lot. Price will be benefit by this New supply and new demand trend.

And I also want to say this opportunity should immediately take the opportunity to get a fairly decent profit where the reduced supply cycle and the potential for price increases are very likely to occur afterwards. yes. At least you have conveyed a good thing and this is also seen as one of the wise strategies.

Yes. If we believe in Bitcoin as an asset, we must continue to maintain it and my assumption is that everyone also has their own approach in anticipating a potential Bitcoin surge in the near future. We may be able to profit during correction periods where prices fluctuate up and down like today.

Bitcoin is an asset without an issuer, so there is no issuer that can create more of it whenever they feel like it.

To make more bitcoin you have to mine it which requires a great deal of energy and effort. Once all 21 million are mined it is impossible to make any more.
On the other hand something like ethereum (with proof of stake) requires no such effort to create millions or trillions of more tokens with almost no effort at all.

The quality of being an asset without an issuer is the holy grail of what makes bitcoin unique and superior to anything else.

That is why the altcoins are garbage because they have issuers who can change the code and change the supply anytime they feel like it.
The mother shitcoin of them all ethereum was created by a group of issuers who issued to themselves unlimited amount of eth tokens that were then dumped onto the market
and to this day are still being dumped. It is a centralized system that can and has been hardforked many times and changed so drastically to the point that the foundation of it is no longer recognizable. There is nothing decentralized about it.

Bitcoin is attractive to everyone and everyone wants to do English. If its price is increasing, then if you invest there, your chances of profit will be very high.  If I had bought a bitcoin in 2013, you would be a multi-talented millionaire today.  Then you will get him to know your present in that field if you become a millionaire 24 last one year span in that field everyone wants to invest and become a millionaire.  If you always think that you will become a millionaire, if you invest now, you may lose from 2025 onwards.  However, the current situation seems a little bit like the stock market is going up, the price of Bitcoin will increase further in the future and its price may go higher.  In my opinion, investing in bitcoins is a bit of a smart move because if you must use these skills then these are not for you.