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Topic: Why is Bitcoin the best asset for investment currently? - page 5. (Read 1265 times)

hero member
Activity: 2772
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No dream is too big and no dreamer is too small
Limited availability is great but the volatility is the biggest reason why Bitcoin becomes so much popular as an investment which we may not see in other traditonal assets for this much long and it also makes Bitcoin suitable for both short term and long term.

Bitcoin is great but one who wants to be a Bitcoin investor should enter after their research not based on someone's words.
I have to agree with you. Bitcoin’s high volatility is what makes people stay investing and get attached with it. It could be a threat for others but majority, it could be the best asset for bitcoin. Not all investments are capable to surge high and skyrocket, as some are just following a slowly upward rise, but with bitcoin, while it can make our investments value increase way too fast, it can also drop its price drastically without warning us. However, if you are knowledgeable about bitcoin and you know exactly that those risks are worth the wait, then investing in bitcoin could be the best key to financial freedom and stability.
hero member
Activity: 2786
Merit: 578
The gold investors and fans would argue about it having limited resources or supply too. But no one knows what measurement and what exactly is the limit of it.
I have not read anywhere about anyone claiming that gold is of limited supply and anyone with such argument is either ignorant of just playing to the gallery. Gold is still being mined in West Africa and several other locations in the world and the supply is never limited. Australia have an estimated reserve of 12,000 metric tons of gold, so where is the statement of gold having limited supply coming from?
Do you think that all of the minerals and natural resources of the world is unlimited?

Compared to Bitcoin, we all know that it's got 21 million supply and the last Bitcoin to be mined will take 120+ years before it happens.
By putting a limit on the supply of Bitcoin, I think it was designed to increase in price as the supply will never exceed demand on the long run, simple economics. Those who know this will naturally see why Bitcoin should be considered an option for the long term. Investment in Bitcoin is truly the best anyone can think of as it will keep getting better with time.
No doubt with that, we're all for Bitcoin and we've been holding the best asset of all time.

The gold investors and fans would argue about it having limited resources or supply too. But no one knows what measurement and what exactly is the limit of it.

Compared to Bitcoin, we all know that it's got 21 million supply and the last Bitcoin to be mined will take 120+ years before it happens.

With all of the comparisons and aspects of Bitcoin, it's no doubt a phenomenal asset that everyone should look at.
The earth is just too big, so we can’t say how limited gold is. And gold likely doesn’t exist only on earth. It could exist in massive quantities out there. Though what’s better about it is that it was printed by the earth, its earth money, unlike fiat that is printed at any time and any day and at their own will.
Yeah, we don't have an idea how limited it is. But just take a look at the perspective of the whole world. The land is limited, the housing is limited, the trees are limited unless you keep on planting and so as the diamonds, fossil fuels and other precious metals such as gold.

You're right that there's a possibility that it's also existing in some other planets or outer space but can you imagine how much resources that the explorers will get just to get out there?

Thus, we're only discussing the limit that it has got in our world.
hero member
Activity: 2184
Merit: 585
You own the pen
I think Bitcoin, real estate, stocks and gold are good investment. However, why I'd agree that Bitcoin is the best among them is for instance, gold supply can increase with demand but that of Bitcoin is finite, it is capped at 21 million. Also, when you compare it with stock and real estate, it's volatility is a concern but looking at the level of success it's been able to attain within a very short time frame, Bitcoin still stands out.

This applies also to the long term and we all know that those investment assets can be changed in the future depending on how they turn out to be and when the bitcoins supply drastically decreases, the price will surely spike and increase at a higher rate than's why throughout the time we see bitcoin price increase each year past, especially at the time of bitcoin halving and it will continue afterward because along with it are lots of people buying just to hold it and they continue doing so until both their investment will multiply along with bitcoin price to drastically increase in the future.
legendary
Activity: 2520
Merit: 1721
MrStork Exchange Service
Limited availability is great but the volatility is the biggest reason why Bitcoin becomes so much popular as an investment which we may not see in other traditonal assets for this much long and it also makes Bitcoin suitable for both short term and long term.

Bitcoin is great but one who wants to be a Bitcoin investor should enter after their research not based on someone's words.
Bitcoin's volatility results in rapid price fluctuations, and this gives an advantage to cryptocurrency traders who are affiliated with Bitcoin or who are in the Crypto space.

Not only about volatility, but Bitcoin is also a decentralized digital currency that cannot be regulated by anyone including the government so that prices are not determined based on the wishes of the government, but prices are determined based on supply and demand that occurs in the crypto market.

Doing your own research to start getting into Bitcoin is advisable, but for Bitcoin you don't need to do too much detailed research.
Simply enter when the price drops due to FUD or when many people dump and now Bitcoin will still pass the halving so that the price increase can be felt quickly and the new ATH target will be closer.
sr. member
Activity: 1582
Merit: 281
Eloncoin.org - Mars, here we come!
As you can see, unlike other Assets, Bitcoin is a decentralised asset and can't be created more, but increases in value when it's price is halved.
Increases in value when the price is halved? The price isn't halved; what is halved is the reward given to miners for validating transactions on the Bitcoin network.

The gold investors and fans would argue about it having limited resources or supply too. But no one knows what measurement and what exactly is the limit of it.

Compared to Bitcoin, we all know that it's got 21 million supply and the last Bitcoin to be mined will take 120+ years before it happens.

With all of the comparisons and aspects of Bitcoin, it's no doubt a phenomenal asset that everyone should look at.
The earth is just too big, so we can’t say how limited gold is. And gold likely doesn’t exist only on earth. It could exist in massive quantities out there. Though what’s better about it is that it was printed by the earth, its earth money, unlike fiat that is printed at any time and any day and at their own will.
newbie
Activity: 10
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 bitcoin is considered the best investment asset today, and everyone knows that. haha
sr. member
Activity: 2380
Merit: 251
Eloncoin.org - Mars, here we come!
Limited availability is great but the volatility is the biggest reason why Bitcoin becomes so much popular as an investment which we may not see in other traditonal assets for this much long and it also makes Bitcoin suitable for both short term and long term.

Bitcoin is great but one who wants to be a Bitcoin investor should enter after their research not based on someone's words.
hero member
Activity: 812
Merit: 675
Lots of people especially those with little knowledge about Bitcoin and it's mode of operations, would be wondering why Bitcoin is the most talked about crypto asset to invest on currently but this image below would help enlighten them with a clue to what they need to understand.

The picture depicts exactly what other investable assets can do and how bitcoin distinguishes itself from them. From onset, anything that is scarce, rare and a very reliable and useable commodity, it will have great advantage over others that can easily be accessible, re-modified, recycled or even recreated. Bitcoin has become an asset that has grown in a very small time to overcome other investable assets that have been existing for many years. And with its consensus in which it operates on; the concept of decentralization, it will go far and be the most sort out asset for investment as the price continues to grow and exceeds the expectations of many investors in the market.

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As you can see, unlike other Assets, Bitcoin is a decentralised asset and can't be created more, but increases in value when it's price is halved. But note that Bitcoin as an asset is very volatile in nature, therefore you shouldn't invest all your savings but a spare money you could lose without getting very emotional. However everyone needs to take advantage of this years halving and take profits to prepare for the next very early.

I would rather say that investment in bitcoin is not based on what you can afford to lose, because no one that has invested in bitcoin and waited for a long time that didn’t reap their profits in it. When you’re talking about “invest what you can afford to lose”, it should be related to altcoins and not bitcoins. 1BTC will always be 1BTC until you spend some part of it that its value reduces. So investment in bitcoin should be what you are able to spare for the long term and not to use until your profit target is reached. Talking about emotional and losing funds, it should be on altcoins and not bitcoin.
legendary
Activity: 1512
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Farewell, Leo
I know what you implied but you expressed it inaccurately.
I don't think they have expressed it inaccurately. "You can't create more bitcoin", that's a true statement. The fact is that every 10 minutes, 6.25 enter circulation, but they are already created. All 21 million coins were created in 2009, and they're brought into circulation, bit by bit, every 10 minutes. That's not an incorrect way to view it.

No other asset on Earth has this property. That is also true.

Bitcoin transactions are pseudonymous and the use of IP can lead to users identity to be known.
IP addresses are rarely used to de-anonymize Bitcoin. It's mostly due to consolidation of many inputs or lack of coin control.
hero member
Activity: 798
Merit: 546
If you are living in a country where the inflation is on the high side, you would definitely know why you should choose investment in Bitcoin as the best option lately. Bitcoin is that save heaven asset that investors are seeking for because of its inflation hedge. Bitcoin Is a believe system that works and the only freedom form of money in existence, So anyone can decide to hold their entire funds in Bitcoin and you are in charge without you trusting the bank or any third party your funds.
hero member
Activity: 1498
Merit: 974
Bitcoin Casino Est. 2013
Bitcoin has the highest volatility among the listed, people tend to be more invested in tangible things than the digital asset. Even though we keep pushing an engagement with the use of the bitcoin the people doesn't really know well this asset its become useless, bitcoin could be an additional investment to others who are already proficient with the other known investments and also an opportunity to the people who trust the use of the bitcoin. Most of us seeing at the end is the profit will bring to our investments.
sr. member
Activity: 1666
Merit: 292
Eloncoin.org - Mars, here we come!
I'm happy with bitcoin even though I'm still disappointed with what I got and it went through. I have a story about the train moving and we step on it and go down again, what we get after that can be seen that each person will get each result of the story differently. So it's a little bit expressed that in any field, there are always both opportunities and disadvantages, the individual/collective opinion that it is good/bad is not a problem as long as we still it is the object that is perceiving it. But it is true that for those who support bitcoin, including myself, we must admit that we are truly lucky to see the opportunity it brings.
sr. member
Activity: 350
Merit: 335
The gold investors and fans would argue about it having limited resources or supply too. But no one knows what measurement and what exactly is the limit of it.
I have not read anywhere about anyone claiming that gold is of limited supply and anyone with such argument is either ignorant of just playing to the gallery. Gold is still being mined in West Africa and several other locations in the world and the supply is never limited. Australia have an estimated reserve of 12,000 metric tons of gold, so where is the statement of gold having limited supply coming from?

Compared to Bitcoin, we all know that it's got 21 million supply and the last Bitcoin to be mined will take 120+ years before it happens.
By putting a limit on the supply of Bitcoin, I think it was designed to increase in price as the supply will never exceed demand on the long run, simple economics. Those who know this will naturally see why Bitcoin should be considered an option for the long term. Investment in Bitcoin is truly the best anyone can think of as it will keep getting better with time.

legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
Without going deeper into technical analysis and aspect I would like to say that Bitcoin is an asset which has been increasing continuosly since it's inception and even if the price dips it is recovered so one thing is clear that there would be sureshot profit for long term holders and hence it would be the best asset for investment though it was originally not meant for investment.

If we ignore other aspects and focus only on the profit aspect, OP may be right in saying that bitcoin is the best investment because looking at the development history, no asset has ever shown growth better than bitcoin. And I believe this is the reason the OP and many others always claim that bitcoin is the best investment. They only look at the profit side and ignore other factors and believe that they are right in making that judgment. If we consider many other aspects like legality, popularity, safety...then bitcoin is not the best asset or investment.
I certainly agree with this. Bitcoin is not actually the best investment when it comes to future security and stability. It has high volatility, so most likely we cannot expect certainty on its present or future value. But that volatility nature makes us more thrilled and interested to engage in bitcoin. Even if we know in the future, our anticipated profits may turn into losses due to its high uncertainty.

However, when it comes to profitability, bitcoin has the biggest ROI compared to any short term or long term investments. And that makes it more appealing to the people.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
Without going deeper into technical analysis and aspect I would like to say that Bitcoin is an asset which has been increasing continuosly since it's inception and even if the price dips it is recovered so one thing is clear that there would be sureshot profit for long term holders and hence it would be the best asset for investment though it was originally not meant for investment.

If we ignore other aspects and focus only on the profit aspect, OP may be right in saying that bitcoin is the best investment because looking at the development history, no asset has ever shown growth better than bitcoin. And I believe this is the reason the OP and many others always claim that bitcoin is the best investment. They only look at the profit side and ignore other factors and believe that they are right in making that judgment. If we consider many other aspects like legality, popularity, safety...then bitcoin is not the best asset or investment.
hero member
Activity: 1540
Merit: 564
Eloncoin.org - Mars, here we come!
Without going deeper into technical analysis and aspect I would like to say that Bitcoin is an asset which has been increasing continuosly since it's inception and even if the price dips it is recovered so one thing is clear that there would be sureshot profit for long term holders and hence it would be the best asset for investment though it was originally not meant for investment.
legendary
Activity: 2576
Merit: 1860
🙏🏼Padayon...🙏
Yeah, no one can create more Bitcoin. That's right. But, while no one can create more Bitcoin, companies can create all kinds of Bitcoin representations. As a matter of fact, it is a possibility that the number of Bitcoin on exchanges is far higher than the actual number of coins in circulation. Add to it spot ETFs, wrapped coins, and so on, and there will be more than 21 million all in all. Bitcoin is decentralized, yes, but there are also so-called Bitcoin offered on centralized platforms. These aren't Bitcoin.

The reality is that people who think they own Bitcoin do not actually own Bitcoin. What they own are IOUs, mere numbers, tokens representing Bitcoin, shares, and the like which are claimable for Bitcoin. But are all these backed with real Bitcoin 1:1? I don't think so.

There's only one way to make sure you own real Bitcoin and that is to have your own private keys and to keep your coins in a non-custodial wallet.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
As I've said a million times over on this website, it's important to always remember that bitcoin is inherently not an investment, but a mean so exchange that is decentralized and all that other good stuff. 

Honestly lots of people seem to have forgotten about the purpose of bitcoin and that was to become a mean for a peer to peer transaction without any third party. It just happened to have gained value because well people appreciated bitcoin for what it was.

This is why until now many are hoping that bitcoin will come back to its intended purpose and that was to be used as a currency. Right now it’s quite impossible to do that due to many people treating it more as an asset to hold and less as a currency.


People haven't forgotten what Satoshi's main purpose was in creating bitcoin, but people just don't want bitcoin to become a currency, people just want bitcoin to become an investment. Because if bitcoin becomes a currency, it will not bring us profit.

We should not deny that there is nothing more important in this world than money, privacy, freedom...all of those things don't mean anything if we don't have money. So, it's not too surprising that everyone wants to profit from bitcoin before using it for other purposes.
hero member
Activity: 1400
Merit: 770
This is why until now many are hoping that bitcoin will come back to its intended purpose and that was to be used as a currency. Right now it’s quite impossible to do that due to many people treating it more as an asset to hold and less as a currency.

I think more people like the value of Bitcoin for now. Not created as a means of payment transactions as Satoshi's vision. Many developers take refuge behind a vision but they generally only measure success by the value they create. Even they sometimes forget that when Value or price, this is the development that we can see in real life The crypto industry is currently developing like this. 
sr. member
Activity: 2618
Merit: 439
As I've said a million times over on this website, it's important to always remember that bitcoin is inherently not an investment, but a mean so exchange that is decentralized and all that other good stuff. 

Honestly lots of people seem to have forgotten about the purpose of bitcoin and that was to become a mean for a peer to peer transaction without any third party. It just happened to have gained value because well people appreciated bitcoin for what it was.

This is why until now many are hoping that bitcoin will come back to its intended purpose and that was to be used as a currency. Right now it’s quite impossible to do that due to many people treating it more as an asset to hold and less as a currency.
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