Why should i invest in bitcoin or other cryptos ? - page 5.

Jemzx00

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Quote from: iamsheikhadil on March 05, 2021, 12:24:24 PM

We shouldn't compare bitcoin with land. If we compare fiat with land, then also, if you hold lots of fiat money, you won't get a dividend, will you? Rather with inflation, your cash will get lower in value and hence that's a bad investment. As population grows, obviously land price will also grow and that's why investing in land makes sense. So does investment in crypto, because it also gives exponential returns.

Right, You shouldn't compare two different things as Property Investments and Crypto Investments as they both have different aspects and factor to look into when investing these thing. Another factor that we should think is what the investor prefer to invest on and has most interest in.
Also these has different return and unlike on Property investment, Crypto investment and trading has easy and fast return but unstable income.

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We shouldn't compare bitcoin with land. If we compare fiat with land, then also, if you hold lots of fiat money, you won't get a dividend, will you? Rather with inflation, your cash will get lower in value and hence that's a bad investment. As population grows, obviously land price will also grow and that's why investing in land makes sense. So does investment in crypto, because it also gives exponential returns.

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Quote from: Kong Hey Pakboy on March 05, 2021, 10:59:58 AM

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You have to understand bitcoin is quite different than traditional investments, so don't consider it with land. It's a different type of investment. Risk is very high and profit is also quite high. So, you have to choose if you want to involve in that type of things or not.

This is true in many ways. In bitcoin, don't find your dividend because it's not how that works. In investing in bitcoin, you hold your money, you control your money; you can decide anything as long as it's yours. Investing in Bitcoin is high risk since its price is volatile, but there are findings that bitcoin's volatility rate is decreasing. Still not the reason to be complacent.

I am seeing the bitcoin's volatility as a potential or a good factor but maybe a bad factor for some people because in bitcoin you can earn profit or money by its volatility in which if the price of bitcoin goes up then for sure your money will go up also but when bitcoin is down then your investment in bitcoin will be down also. Always remember that investing in bitcoin is not like buying a land and wait for several years in order for it to goes higher, it is different on bitcoin or cryptocurrency because even though it may take some years, if the price of the bitcoin remains stable then the money that you've invested in crypto will remain the same.

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You have to understand bitcoin is quite different than traditional investments, so don't consider it with land. It's a different type of investment. Risk is very high and profit is also quite high. So, you have to choose if you want to involve in that type of things or not.

This is true in many ways. In bitcoin, don't find your dividend because it's not how that works. In investing in bitcoin, you hold your money, you control your money; you can decide anything as long as it's yours. Investing in Bitcoin is high risk since its price is volatile, but there are findings that bitcoin's volatility rate is decreasing. Still not the reason to be complacent.

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Quote from: spy100 on February 28, 2021, 02:03:49 PM

Where's my dividend if i invest in crypto ?

In crypto, is it only that you gain profits thru dividends??
If so you know, there is a thing called capital appreciation. I don't want to explain it because it is a very basic term in investing but in summary, when you bought a coin and then it went up or increased then it is called capital appreciation.

In crypto, there are some coins that are offering staking which is considered dividends in crypto (or at least that is what I know). Now to answer your question, you should invest into it because if you want to support the future then you must. Now if you don't want to gain capital appreciation overtime or to support the technology then its your decision. In the end its your decision not mine so don't ask question like this again Tongue

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Quote from: hatshepsut93 on March 02, 2021, 03:28:45 PM

You shouldn't invest in crypto, crypto is a scam, a big pump and dump scheme in the long run. You should invest in Bitcoin, providing you understand the risks and know how to use it safely. Bitcoin is projected to go up because it's supply is limited, yet demand is growing as more and more people discovering it and wanting to own it. Other coins don't have such properties.

Do you still think that BTC and all other cryptocurrencies are a bubble? Crypto has achieved impressive level of market capitalization (more than 1.5 trillions). It's a tremendous amount of dollars. Think no one bubble can achieve such level. Sure there's a lot of scam and every trader risks while investing in some uncertain crypto projects but all traders know about risks of losses and they risk consciously.

I believe his words provided is pure sarcasm and this is intended for people who doesn't think that bitcoin and cryptocurrency is worth to invest, and your right for so many times here bitcoin prove that he is strong currency and for investment so most provably the adoption rate is so high on it on future, I expect that this will land to many major e stores or maybe in physical one so before that to happen we should invest while the price is not on 6 digit.

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Well, I do not think anybody on this forum has the time or the patience to begin to explain what bitcoin and why it's a great investment plan. Personally, I do not think you asked the question to actually know more but to prove your point that buying a land is worth more than investing in bitcoin.
Trust me, no one here will force you to invest in bitcoin. If you want, do join the train and if you believe buying lands to give you dividends is the best form of investment, then good.
You should, however, know that bitcoin is still the best choice for investment

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Quote from: Shasha80 on March 03, 2021, 07:53:07 PM

There is no compulsion to invest in cryptocurrency, but if we look at the many institutions investing in Bitcoin. This proves that investing in Bitcoin is very profitable and has a bright future, so it would be stupid if we even refused to invest in Bitcoin. In my opinion there is no reason for us to refuse investing in Bitcoin, Because Bitcoin proves that in a pandemic situation like now it can provide profit to its holders is a tremendous thing.
Because not all assets can provide profit to holders in a pandemic situation like now.

Actually, profit is there no second opinion about it, but the point OP is trying to make is how we can get passive or continuous income from the investment because to buy daily necessities you need a regular flow of money. My answer would be quite simple, sell some bitcoins and cash them for needs.

Imagine you invested $12k last year and purchased 1 BTC.

You sell 0.02 BTC each month, for 12 months let's imagine. You ended up spending 0.24 BTC in a year.

BTC price went from 12k to 50k which means you 4x your money and despite selling ~25% of your coins, you still have around $37k with yourself.

So, that is how one can sell BTC and still remain in profit but yeah I don't think these kind of bull runs will continue happening every year.

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Quote from: wack slacker on March 04, 2021, 11:06:57 AM

4 years only one season
The best season starts from this year
Those who are losing money please do not miss
Because there will not be a better season

I just want to say that uptrend is clear and this is the best opportunity to make money. Don't try to be more skeptical because opportunities only happen in 1-2 years. Next time will probably have to wait longer.

You have to act accordingly, if you do believe that you can manage to work it out and you are willing
to take the resposibilities,

Act now and start taking your position is the best thing to do, there are always chances to gain and
if you missed it, the next big one will take much longer time.

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Bitcoin is the best investment coin. If need more coin information check the marketplace. Most of the coin release in the marketplace. so easy to analyze coin. the market price is any time to change. before invest check the market price up to and down. Then easy to invest coins. Coins prices are not easy to guess. So time to invest. Bitcoin is the king of all coins. So choose your coins and invest in the market place.

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4 years only one season
The best season starts from this year
Those who are losing money please do not miss
Because there will not be a better season

I just want to say that uptrend is clear and this is the best opportunity to make money. Don't try to be more skeptical because opportunities only happen in 1-2 years. Next time will probably have to wait longer.

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Quote from: spy100 on February 28, 2021, 02:03:49 PM

Why should i invest in bitcoin or other cryptos ?

You don't need to invest in bitcoin because it is not compulsory, no one will require you to do it, it is only you who will decide if you want to trust bitcoin to give you good income in the future from investing in it. If you are afraid of losing money then I don't think that investing in crypto would be a good idea because it has a higher risk than investing in a bank.
If you do not know yet about cryptocurrency then better not to try it, before you invest in crypto learn it first. It is hard to put money in a certain investment if you are not familiar with the things about it.

Quote from: Shohanur on March 03, 2021, 02:26:41 PM

Actually it will depend on you that how much risk you will be able to bear. If you want to low risk then you can go for bitcoin and if you want huge profit and there will be high risk, then you can go for others altcoins.

Yeah, it is all about the risk when talking about investing in bitcoin, well that is life if you want to succeed then you really have to take a risk.

hahay

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You can take advantage of crypto investing when the price goes up, when you get a profit from your investment it is tantamount to a dividend. Although indeed, we must be more aware of the price movements that are occurring in order for us to finally be able to consider the height of the target for the profits we will take. But yes, investing in many baskets will certainly be more profitable, meaning you can invest in the crypto market and also in any real estate, everything will be profitable if we are careful in taking advantage of the existing situations and opportunities.

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Quote from: uneng on March 03, 2021, 11:08:11 PM

Nowadays the potential of profits when investing in bitcoin is higher than when buying a piece land. Furthermore, to make profit with your land you would still need a big investment besides buying it to turn it into a profitable activity and a lot of personal effort.

With bitcoin it's different. You just buy the amount of coins you wish, it can be a big or a small investment, and wait until they increase in price.

However I'm not saying to buy a land is a bad investment. Actually it's a very safe and desired one, but the point is that it's not so simple and cheap like buying bitcoins and other crypto. If you have financial conditions just go for both options: crypto currencies and lands.

That is a pretty strong argument to go into cryptos instead of real estate. I agreed with you. We have ultra low interest rates for almost 15 years now, loans have been so cheap for ages, which makes buying land so expensive. Everybody wants to own an apartment or house because you get money for free these days. That is also why house prices have been rising for the past 20 years without dropping at all. Even now with corona the prices are not falling.

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Quote from: spy100 on February 28, 2021, 02:03:49 PM

Why should i invest in bitcoin or other cryptos ?

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?

It's quite ironic that you are saying this when Bitcoin is going through its best phase ever. Your dividend? The price increasing every year is the dividend and whether you sell or not is up to you.

In fact, if you just buy Bitcoins every year and sell them at the end of every year, you will easily make more profit than you would make by purchasing land and doing anything with it.

If you require even more frequent profits then Bitcoin isn't for you and you would rather look towards trading altcoins and although much riskier, it gives you faster profits.

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Quote from: spy100 on February 28, 2021, 02:03:49 PM

Why should i invest in bitcoin or other cryptos ?

No one will force you to invest in bitcoin, it is up to you if you want to then go if you don't want then it is your loss. If you don't want a high risk then I don't think that bitcoin will suit you.

Quote from: spy100 on February 28, 2021, 02:03:49 PM

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?

I have always noticed that a lot of new members here are comparing some other things to bitcoin, such as gold then now the land, cryptocurrency is different from such things so don't expect too many things that you may acquire in real life to crypto.

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Quote from: spy100 on February 28, 2021, 02:03:49 PM

Why should i invest in bitcoin or other cryptos ?

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?

Your analysis of the two totally different investments shows you do not completely understand what bitcoin and cryptocurrency is. Real estate can not be compared with the modus of bitcoin. While land is as ancient as it comes bitcoin is as modern a technology that has made the lives of many great. On the other hand if you want to compare the level of profits generated by both, you can give it to bitcoin. An investment in land can not give you the profit as what bitcoin gives within a specified period of time. Imagne if you invested as low as $6000 in bitcoin in 2020 and the same amount in land too. That $6,000 would have given you more than $60k in less than a year which land can not give.

uneng

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Nowadays the potential of profits when investing in bitcoin is higher than when buying a piece land. Furthermore, to make profit with your land you would still need a big investment besides buying it to turn it into a profitable activity and a lot of personal effort.

With bitcoin it's different. You just buy the amount of coins you wish, it can be a big or a small investment, and wait until they increase in price.

However I'm not saying to buy a land is a bad investment. Actually it's a very safe and desired one, but the point is that it's not so simple and cheap like buying bitcoins and other crypto. If you have financial conditions just go for both options: crypto currencies and lands.

Shasha80

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There is no compulsion to invest in cryptocurrency, but if we look at the many institutions investing in Bitcoin. This proves that investing in Bitcoin is
very profitable and has a bright future, so it would be stupid if we even refused to invest in Bitcoin. In my opinion there is no reason for us to
refuse investing in Bitcoin, Because Bitcoin proves that in a pandemic situation like now it can provide profit to its holders is a tremendous thing.
Because not all assets can provide profit to holders in a pandemic situation like now.

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You have to do if you want to lead a life in modern civilization era. Man's becomes quicker and smarter than before, So if you do not invest in Bitcoin then You will be left out of the touch of modernity. You can use it as a digital currency, you can use it as an asset or investment.
The great truth is, You can't stay away from Bitcoin, You have to accept it or you have to see the success of others people who invested in Bitcoin.

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