Topic: why should anyone invest in btc right now? - page 4. (Read 5769 times)
instead of investing in gold and land, its better we invest in btc, as it is future of economics
Honestly, bitcoin is not suitable for everybody as a form of investment, especially the more conservative kind of investors. With the volatility in price, it serves as a deterrent for those people who would rather keep their money elsewhere because they are only after capital preservation. These people don't want to risk too much and would only go for safer investments.
You cannot blame them because that is their risk limit. The lesser the risk, the lesser the profit though. Bitcoin can be very risky but if it becomes successful, even with today's prize, we can still be very profitable.
"bitcoin is risky" is such an old statement these days.
the price has been so much more stable and changes like the last big drop because of bitfinex hack are so rare and as we already know they will only last a very short time as bitcoin tends to stay at a higher price and continue going up.
Would not invest right now but I would people recommend to stay with their eyes on the bitcoin market till the price gets lower.
If this happens and you will buy you can make some nice profits.
If this happens and you will buy you can make some nice profits.
Honestly, bitcoin is not suitable for everybody as a form of investment, especially the more conservative kind of investors. With the volatility in price, it serves as a deterrent for those people who would rather keep their money elsewhere because they are only after capital preservation. These people don't want to risk too much and would only go for safer investments.
You cannot blame them because that is their risk limit. The lesser the risk, the lesser the profit though. Bitcoin can be very risky but if it becomes successful, even with today's prize, we can still be very profitable.
Honestly, bitcoin is not suitable for everybody as a form of investment, especially the more conservative kind of investors. With the volatility in price, it serves as a deterrent for those people who would rather keep their money elsewhere because they are only after capital preservation. These people don't want to risk too much and would only go for safer investments.
You can invest it right now but in fact it will be the question if you will make a lot of money due the price it has right now.
You can indeed better wait on a a better investing moment, just have some patience so you can also make more profit.
You can indeed better wait on a a better investing moment, just have some patience so you can also make more profit.
Simply because bitcoin has a lot of potential that many people could benefit from it. It is almost exactly the same as our fiat currency. The difference only is that every transactions like selling, buying, and paying were made online. It gives people a hassle free transactions and with no less and sometimes no fee service.
Apart of the potential, which in fact is a good reason to invest into bitcoin, think about the freedom bitcoin gives you when you invest. Invest in any kind of kind of currency and you will see there are limits and boundaries. The amount you can deposit, or withdraw or even transfer to another account.
With bitcoin you don't have these boundaries.
Indeed it gives you a lot of freedom but I would not invest into the bitcoin right now because of the fact that the price is pretty high right now.
I think its simply not worth it.
Simply because bitcoin has a lot of potential that many people could benefit from it. It is almost exactly the same as our fiat currency. The difference only is that every transactions like selling, buying, and paying were made online. It gives people a hassle free transactions and with no less and sometimes no fee service.
Apart of the potential, which in fact is a good reason to invest into bitcoin, think about the freedom bitcoin gives you when you invest. Invest in any kind of kind of currency and you will see there are limits and boundaries. The amount you can deposit, or withdraw or even transfer to another account.
With bitcoin you don't have these boundaries.
Simply because bitcoin has a lot of potential that many people could benefit from it. It is almost exactly the same as our fiat currency. The difference only is that every transactions like selling, buying, and paying were made online. It gives people a hassle free transactions and with no less and sometimes no fee service.
I'm not recommend you invest in bitcoin, but I chose to invest my money in bitcoin because bitcoin still have potential to give a big advantage. one factor that I see that now there are many people out there who have not become bitcoin user.
There is definitely a lot room for potential growth, but whatever potential Bitcoin is having, it will take years before we get to see it (if it ever happens to show up).In the meantime it's the volatility that people should use in their advantage to benefit from Bitcoin as a relative short term investment plan.
There is no reason to think that bitcoin will fail any time soon. It is becoming more stable as time goes on. Plus the blockchain technology behind it is getting more positive publicity.
everything can happen, maybe in future a new altcoin can beat bitcoin, i dont know what is that's, but the technology will be higher than bitcoin.
but if we see some fact of bitcoin adoption, im sure bitcoin can survive
As an investor for the halving, its best to wait it out then locking away or investing your funds right now. A lot can happen over 4 years, so it would be rather best to put in your money in the 3rd year. I don't see prices going up between then and now anyways.
Right now investing is not smart because the bitcoin has not a good buy in price if you really want to buy we should wait right now.
If you buy with lower prices you can also make a lot more profits.
Well bitcoin is speculatory, so it's gonna depend on your prediction if it's worth it to buy btc as of the moment. IMO it's better to wait for a dip, like what happened when BitFinex got hacked. That's buy time.
There is no reason to think that bitcoin will fail any time soon. It is becoming more stable as time goes on. Plus the blockchain technology behind it is getting more positive publicity.
everything can happen, maybe in future a new altcoin can beat bitcoin, i dont know what is that's, but the technology will be higher than bitcoin.
but if we see some fact of bitcoin adoption, im sure bitcoin can survive
As an investor for the halving, its best to wait it out then locking away or investing your funds right now. A lot can happen over 4 years, so it would be rather best to put in your money in the 3rd year. I don't see prices going up between then and now anyways.
Right now investing is not smart because the bitcoin has not a good buy in price if you really want to buy we should wait right now.
If you buy with lower prices you can also make a lot more profits.
Yes more and more adoption is coming every day and even many millionaires have found bitcoin a way to secure their funds anonymously in bitcoin so they don't have to pay tax to government. All this will surely gonna increase total marketcap of bitcoin increasing price simultaneously.
the more adoption the more investors and the more people using it will make bitcoin a good investment in the future so if you are looking for a good investment i can say that you should also study bitcoin investment make a little research and find the advantage and the risk that you into before investing your money.
Yes more and more adoption is coming every day and even many millionaires have found bitcoin a way to secure their funds anonymously in bitcoin so they don't have to pay tax to government. All this will surely gonna increase total marketcap of bitcoin increasing price simultaneously.
I'm not recommend you invest in bitcoin, but I chose to invest my money in bitcoin because bitcoin still have potential to give a big advantage. one factor that I see that now there are many people out there who have not become bitcoin user.
Is there really a future for it? Where would btc be used instead of your traditional cashless money via debit/credit cards etc?
Debit/Credit money is not exactly cashless. It is based on the same framework as paper money is. It is the same system called FIAT money.Bitcoin is something else, it is transparent and finite monetary system. Of course it will be only more expensive over time - unlike every standard FIAT.
Thank you for your answer. But in order for btc to survive, or even thrive, wouldn't it have to be used a lot (at least much more than today)? And what is the probability of that?
I mean I have already bought small stuff with btc and it's neat because there are no fees etc for either side. But not many people have done it, I guess?
And why would it be only more expensive over time?
no not really. even if the level of usage stays the same in the future. bitcoin will "survive" even with the current price. because there is enough investors and also there is enough usefulness for it still.
but apart from all that, as it was also said before, bitcoin is still a new technology and as everything else it takes time to get adopted and grow to a level that price also rises with the mass adoption.
There is no reason to think that bitcoin will fail any time soon. It is becoming more stable as time goes on. Plus the blockchain technology behind it is getting more positive publicity.
everything can happen, maybe in future a new altcoin can beat bitcoin, i dont know what is that's, but the technology will be higher than bitcoin.
but if we see some fact of bitcoin adoption, im sure bitcoin can survive
As an investor for the halving, its best to wait it out then locking away or investing your funds right now. A lot can happen over 4 years, so it would be rather best to put in your money in the 3rd year. I don't see prices going up between then and now anyways.
Yeah, investing bitcoin before the halving is really good and the best way to do. Luckly i invest my money into bitcoin before the halvin. For now, i don't think invest in bitcoin is a good way. Because we don't know what happen next.
Investing before halving would be good since as we observe price increases drastically which could really give us decent profits. If you do short trades and love to see profits then its still advisable to buy bitcoin as of the moment because the price is going down. We wont definitely knows what the future but the hope and assumed things would might happen.
I'll tell you what: The price right now is dropping like a stone (sorta). But right about now, also, I'm down to my last 3 Ramen noods until Thursday when I gets paid. I'm hoping the price crashes before then so I can buy low, and that's exactly what I'm going to do. I love it when things crash. It's better than sex to me. That flash crash we had back in 2010 in the stock market--I had to sit down for most of the day whilst watching Bloomberg. Good times. I even remember the Oct. 1987 crash, though it wasn't as much fun back then.
Why should anyone invest? Whodafuckknows? There's no predicting this market, and there's nothing to analyze except sentiment, which amounts to trying to outguess the rest of the sucker pool. Buy now or buy later. Makes no difference.
Why should anyone invest? Whodafuckknows? There's no predicting this market, and there's nothing to analyze except sentiment, which amounts to trying to outguess the rest of the sucker pool. Buy now or buy later. Makes no difference.
You still do not know? Bitcoin is really a good way to invest into. It is like the fiat currency just do exactly the same but it is more safe, I guess, and it is faster with small fee. It can be used to pay utility bills like electricity and water. You can use them to pay online stores which accepts bitcoin as payment.
It's a speculative currency that can introduce you to technology you never knew existed, teach you about cryptography/computer security, and economics. Personally I wouldn't invest a huge amount, but the enjoyment and learning opportunities that come from it are enough to make it well worth having a little bit.
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