Is it possible now to double investment from Bitcoin.

[EthereumDev_]

I think the double percentage is very difficult to happen because seeing the price of bitcoin which has become very expensive like this it will be very difficult to get double profit, you better go into altcoins which are very easy to get double profit because the price is still very cheap.

[Zezari]

It is possible to double your investment if you invest in a long-term investment in bitcoin. If you want to make a profit in short-term investments, it is better to invest in altcoins, you can also get good dividends from the deposit.

[Review]

This is why everytime we are saying invest that you can afford to lose or you can afford to hold it for long term. Such as if you have 500 USDT now and you need the money two weeks later but now you decided to use it on investment . Market went down and you cant hold the money or sell at low price. So whom mistake is this? This is your mistake as you cant afford the money of market dump.

[Astra]

It must be remembered that bitcoin is only a cryptocurrency and, like every cryptocurrency, it cannot constantly grow in value. According to the general laws of the market, the higher its price, the more difficult it will grow upward, the higher the risk of investing money in it. In addition, its profitability also decreases with an increase in price. At a bitcoin price of $ 60,000, even doubling its price to $ 120,000 is already a daunting task. Although, at the same time, for many potential altcoins, increasing the price even tenfold is not so difficult.
The cryptocurrency market is constantly changing and this should always be remembered.

[Fenix]

Why not? We have seen that Bitcoin always has its incredible increase so far. We also see how the progress of this BTC, going up and down in the market correction has been very usual. But here, we can take the profits always when the price of BTC itself going up and reaching its new ATH

Bitcoin has already reached quite high price levels and will continue to find it increasingly difficult to double in price. I recently read statistics that over the past year, the price of bitcoin has grown by only 61 percent, while, for example, ethereum has grown in price by more than five times.
But right now, the price of bitcoin is $38,317, which is a good price to buy anyway.

[debra]

Now bitcoin price is above 60,000$

Bitcoin price is no longer around $60k, the current price is below $40k. Even the price of Bitcoin today, dropped to around $35k. I am a bit afraid about this, I suspect the market will continue to decrease very much. I don't think we have a good time to double our investment right now, we are in a time of hard to taking profits.

[LUCKMCFLY]

Why not? We have seen that Bitcoin always has its incredible increase so far. We also see how the progress of this BTC, going up and down in the market correction has been very usual. But here, we can take the profits always when the price of BTC itself going up and reaching its new ATH

Bitcoin has already reached quite high price levels and will continue to find it increasingly difficult to double in price. I recently read statistics that over the past year, the price of bitcoin has grown by only 61 percent, while, for example, ethereum has grown in price by more than five times.
But right now, the price of bitcoin is $38,317, which is a good price to buy anyway.

I think the same, $38k is a good price, if we compare it to a price of almost $70k in his last ATH, it is likely that for the next one it will be at least $100k or more. This is what by simple inspection makes one see, in 2017 the ATH was almost $20k, and by 2022 it can finally reach $100k.

This is totally possible, but I think it will happen when everyone thinks the price will fall, because the market always does the opposite of what the masses think.

[trauchot]

I think in the near future the price of bitcoin will still fall and then it will be possible to safely invest in bitcoin, and in general, even now you can invest in bitcoin because the price of bitcoin has already fallen very much and in general the price of bitcoin will grow in the future and in a couple of years bitcoin price will reach $100k, so investing in bitcoin for the long term is a great option.

[I-Bit]

I suggest not expecting too much on Bitcoin investment right now. The bitcoin market is struggling because of the dump so hard previously. Bitcoin price tries to survive above $35k, but not sure how long Bitcoin price to survive at that rate. I doubt if Bitcoin price tries to drop again around $30k in the upcoming days. Big players in the Bitcoin market may try to spread FUDs to make the price drop hardly.

[cheezcarls]

There is a chance to have a good outcome or profit to this currency but the problem is until when you can survive the market volatility there are people just a drop of the Bitcoin they immediately sell their funds also there are people who just only hold to the market because they can not escape the entry point they are already losing it just holds or nothing to get profit.

It's better if we might not get attach too much in the bitcoin letting your job just for the bitcoin there is no assurance that all the time we are going to the uptrend.
Now bitcoin price is above 60,000$

What are your comments please share??

Either yes or no. Unless if you are referring to a ponzi scam where they claim something like "Double your BTC in 30 days" bla bla bla, you'll likely gonna lose it. You can't control the market like telling the chart to double your BTC value tomorrow or something like that. The market is unpredictable and we just don't know when it will happen.

For me, I wouldn't really mind at all on how long will I be getting a profit with BTC with my Dollar-Cost Averaging (DCA) strategy (you might have to Google this term). It's all about risk management as BTC and other coins and tokens are subject to substantial risks and it has no promises or astronomical guaranteed returns.

[LUCKMCFLY]

There is a chance to have a good outcome or profit to this currency but the problem is until when you can survive the market volatility there are people just a drop of the Bitcoin they immediately sell their funds also there are people who just only hold to the market because they can not escape the entry point they are already losing it just holds or nothing to get profit.

It's better if we might not get attach too much in the bitcoin letting your job just for the bitcoin there is no assurance that all the time we are going to the uptrend.
Now bitcoin price is above 60,000$

What are your comments please share??

Either yes or no. Unless if you are referring to a ponzi scam where they claim something like "Double your BTC in 30 days" bla bla bla, you'll likely gonna lose it. You can't control the market like telling the chart to double your BTC value tomorrow or something like that. The market is unpredictable and we just don't know when it will happen.

For me, I wouldn't really mind at all on how long will I be getting a profit with BTC with my Dollar-Cost Averaging (DCA) strategy (you might have to Google this term). It's all about risk management as BTC and other coins and tokens are subject to substantial risks and it has no promises or astronomical guaranteed returns.

What happens is that now with everything that is happening in the world it is likely that the BTC will go down a little more, here at that time is where it is ideal to buy, of course it always represents a risk but it is a way to be able to do some long-term savings, at least it is much more profitable than the interest rate of any bank in the world, no bank in the world has a rate of return and interest of 24%, if you buy BTC right now and then it reaches the Last ATH would be doing much more than 24%, this is already something that has a lot of profit.

[Senin]

To double the price of bitcoin, you probably need to double its capitalization, which now stands at over $780 billion. I don't think anyone can invest that much in it. Moreover, information has appeared that the European Union from 2025 may ban the mining and circulation of cryptocurrencies with an energy-consuming PoW algorithm, which also applies to bitcoin.
Probably, no one knows how the cryptocurrency will develop further. Everything is transforming and evolving, and cryptocurrencies will have to do it too.

[Abdulcrypto784]

I am agree with your thoughts because this time bitcoin treated at low prices there so many factors like lake of liquidity in the market, capitalization of market, covid 19 and Russia and Ukraine war and so many other. This time you can buy and hold the bitcoin and get more profit after some time

[Monkey Monster]

If you invest in bitcoin for the long term, you can potentially double your money. You may invest in bitcoin right now because the price has already dropped greatly, and the price of bitcoin is expected to rise in the future.
So, if you're looking for a long-term investment, bitcoin is a terrific choice.

[DAMKAR]

There is a chance to have a good outcome or profit to this currency but the problem is until when you can survive the market volatility there are people just a drop of the Bitcoin they immediately sell their funds also there are people who just only hold to the market because they can not escape the entry point they are already losing it just holds or nothing to get profit.

It's better if we might not get attach too much in the bitcoin letting your job just for the bitcoin there is no assurance that all the time we are going to the uptrend.
Now bitcoin price is above 60,000$

What are your comments please share??

If you talk about double profit from bitcoin, I think you should while dump, and hold for three or five years again.
Hold for long term investment will make us double profit.
But I personally prefer invest in other, buy ICO or IDO we will get bug profit from those.
I have invested in bitcoin but bigger invest in other.