Altcoins Talks - Cryptocurrency Forum

Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Heron on October 25, 2020, 10:01:57 AM

Title: Are Bitcoins a good investment?
Post by: Heron on October 25, 2020, 10:01:57 AM
You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand.
Collected by: www.benzinga.com
Title: Re: Are Bitcoins a good investment?
Post by: Gabby711 on October 25, 2020, 11:26:10 PM
The question to whether Bitcoin is a good investment is very simple and the answer to that is yes, Bitcoin is a very good cryptocurrency to invest on, you can buy cryptocurrency when the price is low and hold it till the value increases then you can sell it and make profit.
Title: Re: Are Bitcoins a good investment?
Post by: Fawpac2 on October 26, 2020, 12:24:51 PM
Obviously bitcoin is the best online Crypto in the world cryptocurrency market cap and it a good investment coin all time the best.
Title: Re: Are Bitcoins a good investment?
Post by: Emmanuel Christopher on October 26, 2020, 05:05:46 PM
Yes bitcoin is actually a very good investment which can fetch u alot of money, all you got to do is to follow the strategy of buy low and sell high, doin this continuously u would make enough money from bitcoin
Title: Re: Are Bitcoins a good investment?
Post by: Power420 on October 26, 2020, 05:07:56 PM
You can invest in Bounty. Those who invest in Bounty get a lot of benefits.  However, if you invest in any bounty at any time, there will be no loss or benefit. I would like to know such comments from you. Please, senior brother, you must help.
Title: Re: Are Bitcoins a good investment?
Post by: Quantum X on October 26, 2020, 05:38:33 PM
That's right. But for newbies better to avoid the short term invest for the mean time while gathering good inputs to help their desires to make profit in this digital way.
Title: Re: Are Bitcoins a good investment?
Post by: micjoh on October 28, 2020, 07:03:34 AM
I think bitcoin is a one of the best ways to invest.It has a huge potential and trading volume.I hope If you are a good investors ,from this you can earn good profit.
Title: Re: Are Bitcoins a good investment?
Post by: TupoAlts on November 05, 2020, 10:04:30 AM
Some types of passive income don't require any knowledge to invest in BTC.
Of course, if you wish to trade, education can take a lot of time. Because many factors change the price of the coin.
But, for example, with structured deposits everything you should know about Bitcoin - it is the name of this coin. Just make a deposit with protection up to 100% and get profit.
Cryptocurrency really interesting sphere, so, you will always learn something new.
Title: Re: Are Bitcoins a good investment?
Post by: smt_nirwana_01 on November 06, 2020, 09:09:43 AM
It is a good investment of course, but the great interest in bitcoin and different cryptocurrencies lately makes me worried. I hope it will not go wrong in the future.
Title: Re: Are Bitcoins a good investment?
Post by: Btceth01 on November 11, 2020, 08:46:09 AM
Bitcoin is the best way to invest.  Because Bitcoin is a popular coin.  The price of this coin will increase but is less likely to decrease.  Because its popularity is the highest.  So if you have to invest, then invest bitcoin, you will get profit, it is sure person.
Title: Re: Are Bitcoins a good investment?
Post by: Ronald on November 11, 2020, 11:55:53 AM
You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand.
Collected by: www.benzinga.com
Yes i think so bitcoin is the good investment at this moment.
Title: Re: Are Bitcoins a good investment?
Post by: babu10 on November 12, 2020, 05:49:25 PM
You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand.
Collected by: www.benzinga.com

Do you have any doubt about BTC where BTC not hitting to 16k$ and sure that it will bring a new record in new year. So i will say obviously BTC investment is good and every body should keep eye on it.

thanks.
Title: Re: Are Bitcoins a good investment?
Post by: Ronald on November 16, 2020, 10:43:07 AM
Yes bitcoin is definitely a good investment. We know the current price of the coin is approximate $16000 and it will be more then $20000 at the end of this year.
Title: Re: Are Bitcoins a good investment?
Post by: Pitter on November 16, 2020, 11:57:20 AM
There are lot of platforms and lot of currencies in the world among them i prefer bitcoin because i know that bitcoin is most attractive coin. It is used all over the world. Any one can transect form any where. It is also reliable. If bitcoin raise high then all coins also be high. Bitcoin is the king of cipro currency. so i think bitcoins are good for crypto currency investment. 
Title: Re: Are Bitcoins a good investment?
Post by: Pluto25 on November 16, 2020, 12:07:08 PM
You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand.
Collected by: www.benzinga.com
Why not !!! Bitcoin is the best investment platform in CMC. Please hold and invest bitcoin as your wish.
Title: Re: Are Bitcoins a good investment?
Post by: Ronald on November 18, 2020, 05:53:09 AM
Yes bitcoin is a good investment. Now bitcoins raise more then $17000. Which is the first time after 2 years later. It will be so high in this year.
Title: Re: Are Bitcoins a good investment?
Post by: Ambu on November 21, 2020, 01:32:19 PM
Bitcoin is popular cryptocurrency this is the most reliable investment in the cryptomarket so you can invest in bitcoin short are long term investments. You must have to be careful about the new altcoins investments.
Title: Re: Are Bitcoins a good investment?
Post by: alltalk on November 21, 2020, 10:29:20 PM
I think we won't debate about this as it is clearly answered by yourself. Sure, Bitcoin is a good investment, it offers a great chance for high profits and can involve as many as people to join there. Bitcoin investment isn't like the conventional investment that requires complicated requirements, everybody can join because you just need to buy as much as you have the funds.
Title: Re: Are Bitcoins a good investment?
Post by: Rain075 on November 22, 2020, 04:37:28 PM
What I think is the best to invest in Bitcaken. Currently Bitcoin has increased but most increased. If you want to invest in it, then invite Bitcoin then you will be able to benefit a lot.
Title: Re: Are Bitcoins a good investment?
Post by: Sammy9ce on November 23, 2020, 06:27:21 PM
Bitcoin is up 64% from the start of the year but it is the gravity-defying performance of the stock market that is hogging investor attention. However, there are still good reasons to invest in Bitcoin in 2020. ... At the start of 2020, Bitcoin investors began the year in a bullish mood,but now you realize your profit if you invested earlier this year.
Title: Re: Are Bitcoins a good investment?
Post by: Gostudio on November 25, 2020, 04:40:23 AM
Bitcoins is a good investment. We just need to learn the ups and down of currency. Educating ourselves on this thing is a must.
Title: Re: Are Bitcoins a good investment?
Post by: Primo1760 on November 26, 2020, 06:21:13 AM
I think if you invest in Bitcoin you will benefit in the future.  Because Bitcoin is bright in front of his wife.
Title: Re: Are Bitcoins a good investment?
Post by: Abubakar56 on December 05, 2020, 04:22:54 AM
Currently I think Bitcoin is the best to invest on but I will still advise you to invest what you can afford to lose!!!
Title: Re: Are Bitcoins a good investment?
Post by: zulfi125 on December 05, 2020, 08:22:18 AM
No doubt investment in Bitcoin is profitable for the long term; those investors who invested early year as you can see they have earned a lot of profit from Bitcoin, and this is a good time to invest in Bitcoin for the long term if you hold until 2021 you will see the price of Bitcoin will reach more than $30000.
Title: Re: Are Bitcoins a good investment?
Post by: Gokvane on December 08, 2020, 12:17:03 AM
Seeing the price which can change very quickly, I have the view that this Bitcoin is a very good investment. What we have to learn is to determine the right moment, when we should buy Bitcoin. So that we can get big profits when the Bitcoin price rises later.
Title: Re: Are Bitcoins a good investment?
Post by: Churphans on December 09, 2020, 02:11:03 PM
Bitcoin is a good investment coin undoubtedly. Bitcoin is a long term investment Coin.
Title: Re: Are Bitcoins a good investment?
Post by: Sharpmax on January 10, 2021, 10:38:51 AM
Currently the best coin to invest in is Bitcoin.  We are currently seeing the highest price increase in the Bitcoin market.  Those who bought and held Bitcoin in mid-2020 have made a lot of profit today.  So to me the best coin to invest in is Bitcoin.
Title: Re: Are Bitcoins a good investment?
Post by: Crypto Banglu on February 08, 2021, 12:15:18 PM
Yes, You are right to say that investing in Bitcoin is a good investment. Investors also feel comfortable investing in Bitcoin. Bitcoin's popularity is growing day by day. Many people have achieved success by investing in Bitcoin. So I think investing in Bitcoin is definitely a good investment.
Title: Re: Are Bitcoins a good investment?
Post by: Dora Walletinvestor on February 08, 2021, 12:45:11 PM
In my opinion Bitcoin is a very good asset both if you want to invest and if you want to trade. It can be a great part of your crypto portfolio as it has proven itself to be a trustworthy cryptocurrency that is here to stay for the long run.
Title: Re: Are Bitcoins a good investment?
Post by: Crypto_Somrat on February 10, 2021, 01:16:27 PM
You are right to say that investing in Bitcoin is a good investment. Bitcoin has a lot of popularity around the world. Many have succeeded in many ways by investing in Bitcoin. Investing in Bitcoin can bring huge profits at any time. So I think investing in Bitcoin is a good investment.
Title: Re: Are Bitcoins a good investment?
Post by: Hometown on February 13, 2021, 12:29:26 PM
Obviously bitcoin is the best online Crypto in the world cryptocurrency market cap and it a good investment coin all time the best.
You are absolutely right because Bitcoin is the best Crypto in the cryptocurrencies market and no others cryptocurrencies are as the best as Bitcoin. Recently we are living on bitcoin halving.
Title: Re: Are Bitcoins a good investment?
Post by: Zero0 on February 18, 2021, 11:06:11 AM
I unequivocally believe that Bitcoin is the most suitable coin for investment. Because we have seen that many people have made a lot of profit by investing in Bitcoin and investing in Bitcoin has changed the lives of many. So I firmly believe that investing in Bitcoin is a good investment.
Title: Re: Are Bitcoins a good investment?
Post by: Hometown on February 19, 2021, 05:49:45 AM
Obviously Bitcoin is the best investment Coin in the cryptocurrencies market. I already invested bitcoin and got profited more than the others Coins.
Title: Re: Are Bitcoins a good investment?
Post by: Crypto_Somrat on February 21, 2021, 09:25:06 AM
I think Bitcoin is definitely a coin suitable for investment. I myself have been able to make some profit by investing in Bitcoin. Many people have made huge profits by investing in Bitcoin. So I firmly believe that Bitcoin is the best place to invest.
Title: Re: Are Bitcoins a good investment?
Post by: Nikawe on February 21, 2021, 09:23:49 PM
Of course bitcoin The Best investment coin in the cryptocurrencies market. Many investors already become the richest man in the world investing in cryptocurrencies. Elon musk a big fun of bitcoin.
Title: Re: Are Bitcoins a good investment?
Post by: Laxmi Sharma on March 01, 2021, 05:56:09 AM
Investing in Bitcoin is a good investment. In general, investing in cryptocurrency is a good thing from which one can expect huge profits. If you can make big investments in Bitcoin in the long run then you can definitely expect big profits in the future. Investing in Bitcoin is definitely a good way to invest.
Title: Re: Are Bitcoins a good investment?
Post by: EAA-ALLAH on March 14, 2021, 01:42:02 AM
You can see easily the bitcoin development and improvement then you can comment which is the best Cryptocurrencies and investment plafrorm.
Title: Re: Are Bitcoins a good investment?
Post by: Laxmi Sharma on March 14, 2021, 05:17:50 AM
I strongly believe that Bitcoin is a suitable coin for investment. Many people have succeeded in many ways by investing in Bitcoin. I think Bitcoin in particular is suitable for long-term investments. Bitcoin is the number one cryptocurrency in the world. If you invest in Bitcoin, you can expect big profits in the future.
Title: Re: Are Bitcoins a good investment?
Post by: Zero0 on April 28, 2021, 05:15:09 PM
Bitcoin is best known to us as a crypto when it comes to investing. I sure believe that Bitcoin is the best for investment. Many have been successful in investing in Bitcoin. I am interested in investing in Bitcoin because I think Bitcoin is the best way to invest.
Title: Re: Are Bitcoins a good investment?
Post by: Crypto Banglu on May 20, 2021, 07:15:37 PM
You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand.
Collected by: www.benzinga.com
Yes, I believe Bitcoin is the only currency that is best for investing. Because Bitcoin is the number one crypto in the world. Bitcoin investment is high. Many people have made a lot of profit by investing in Bitcoin. So I think Bitcoin is always good for investing.
Title: Re: Are Bitcoins a good investment?
Post by: MilanaMine on July 29, 2021, 07:03:36 AM
This is a good investment, but it has technological limits that will soon be reached.
Title: Re: Are Bitcoins a good investment?
Post by: amzexpert on November 05, 2021, 04:38:29 AM
You are right friend digital currencies may also be a long-term investment. As you know that bitcoin has a very high price and it is going high and high and it is giving a very good profit to its users and that's why people are investing more money in it. I think that bitcoin is good for investment for the long term.
Title: Re: Are Bitcoins a good investment?
Post by: Natalie777 on February 12, 2022, 12:17:11 AM
I have learned that Bitcoin is a great object for investment in order to protect your money from inflation in the long term. Even though Bitcoin is considered to be a very volatile coin and we all have been witnesses of its ups and downs, still, if we take the whole period of time since its inception, it was always recovering and the price was constantly growing.
Title: Re: Are Bitcoins a good investment?
Post by: Tokenista - Rev. Sasha Van Kush on March 20, 2022, 04:24:52 AM
Bitcoin will likely always have a good value, but there need to be several things considered,

1. It is not a good short term investment, yes you can make money from one year to the next or over a few years, but you stand to lose money also. Your grandchildren would be a better target for Bitcoins, as in like a Bond, let it appreciate over time, as they Mining Halves, as Mining Ends, etc. Then they sell.

2. Bitcoins were Novel, but now are Primitive or Antique, the EVM and similar additions like Graphene and Bitshares have made Bitcoin kind of like a Toy compared to useable Technologies, but the whole point was that it was the first Uncorruptible Ledger, held open by Decentralized Nodes so no one can hack them all and change it, and it allows semi-Anonymous but also trackable transactions. This likely means it will be like a Dubloon and I can actually see a Future where somehow BTC is turned into NFTs and sold at Auction based on who was arrested using them and things like that. When it all started Cold Storage and putting the Code on Solid Coins, or other Cold Storage, was popular, and we will likely see it evolve in that direction.
Title: Re: Are Bitcoins a good investment?
Post by: Alizbit12 on May 16, 2022, 07:42:26 PM
Bitcoin is called the father of all cryptocurrencies. So you can invest in this platform with your eyes closed. Now the price of Bitcoin is a little lower. There is no problem. In the future, its price will increase. You can invest now.
Title: Re: Are Bitcoins a good investment?
Post by: sunnycb on June 27, 2022, 10:12:57 AM
Yes, bitcoins are a good investment if you know the right time of entry. And as the market is now, investing now is going to bring in good returns in a long run..
Title: Re: Are Bitcoins a good investment?
Post by: blocktechbrew on September 05, 2022, 12:03:07 PM
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Title: Re: Are Bitcoins a good investment?
Post by: DannyD234 on January 21, 2024, 01:12:21 AM
Yes Bitcoin is a good way to invest your money due to it myriad or different way to invest in it that is you can invest by trading, holding, arbitrage etc.

The major problem about investing in Bitcoin it the price fluctuation etc but it is fast, safe and secure and with the prospect of earning big if you play your card right
Title: Re: Are Bitcoins a good investment?
Post by: Litzki1990 on January 21, 2024, 04:41:15 PM
One of the most reliable and best platform for investment is Bitcoin. Investing in Bitcoin is definitely safe and reliable compared to other crypto platforms. Investors who are there invest in other coins but in the first consideration they invest in Bitcoin. Every investor has investments in Bitcoin even if they don't have investments in other coins. There are many users who don't know about investing first but they know about Bitcoin. Bitcoin is always best for all types of investment, long term or short term. Most new investors begin their investment journey with Bitcoin. So it goes without saying that Bitcoin is the best investment platform for investing.
Title: Re: Are Bitcoins a good investment?
Post by: UNIVERSE on January 21, 2024, 11:52:13 PM
One of the most reliable and best platform for investment is Bitcoin. Investing in Bitcoin is definitely safe and reliable compared to other crypto platforms.
Investing in Bitcoin has the potential to give us a profit. especially when compared to long-term investments for altcoins. However, whatever it is, investing in Bitcoin still has risks and is still not 100% safe. Why is there still a risk because we will not know what the condition of Bitcoin will be in the future nor will we know what the security condition of our assets will be. because there is still a risk that when we save, we experience cybercrimes, scams or other things that cause our Bitcoins to disappear. or for example, if we experience a panic situation and it makes us sell our assets at a lower price. Well, the point is that no one saves 100%, but when compared to other coins in the crypto world, Bitcoin is indeed number one and we don't need to doubt it anymore. It's just a matter of how we prepare and manage ourselves to do our best to hold and secure our assets well and wisely.
Title: Re: Are Bitcoins a good investment?
Post by: HelliumZ on January 22, 2024, 11:33:38 PM
Yes, bitcoins are a good investment if you know the right time of entry. And as the market is now, investing now is going to bring in good returns in a long run..
Obviously Bitcoin the best investment and more popular than gold.
Don't buy shitcoin, Only buy Bitcoin.
Title: Re: Are Bitcoins a good investment?
Post by: JoyMarsha on January 29, 2024, 10:05:20 PM
The doubts about bitcoin being a good investment to make, are no longer there in people's minds because bitcoin has proven to be a good investment for someone who aims to make huge profits for long-term purposes.

I believe this question was made a long ago(2020) when people have the believed that bitcoin could be a bubble that is going to burst very soon. Thank goodness, bitcoin proven herself right but proving those who have such mentality wrong by given a new ATH of $65k in the year 2021
Title: Re: Are Bitcoins a good investment?
Post by: MVL~$ on January 30, 2024, 10:53:33 AM
Investing in Bitcoin is one of the best decisions nowadays. If you want to invest Bitcoin it will definitely be a best decision for you. For this you must have the mindset to hold. Then hopefully you will get a big profit from it in future. From that past to the present time, the value of Bitcoin has increased a lot. Bitcoin is currently worth $42,000 in 2024. Hopefully it will reach $10,000 before the halving. This is not very unusual.
Title: Re: Are Bitcoins a good investment?
Post by: Sevi on April 10, 2024, 05:33:07 AM
Yes bitcoin is a good investment now a days, although the price in lowest today but we all know price is volatile anytime will hit in our expectations.
Title: Re: Are Bitcoins a good investment?
Post by: Dr.Bitcoin_Strange on April 13, 2024, 12:24:27 AM
Yes bitcoin is a good investment now a days, although the price in lowest today but we all know price is volatile anytime will hit in our expectations.

@Sevi, you mean now a days? Do you suggest that Bitcoin has always been a bad investment in the past? I think you don't realize how so many people are now feeling regret for not investing in Bitcoin since the first day it was created. The last post I saw on BTT was someone saying that "they missed the opportunity to become millionaires.". 

Bitcoin has always been a good investment since the very first day it was created, but I can say that 99% of people did not actually know that Bitcoin would become one of the best technologies today. If only they had known, then there would have been many millionaires than those few of them that we have their names on the book, as people who made a fortune with Bitcoin. So many people lost a huge sum of their bitcoin because they thought it was worthless. 
Title: Re: Are Bitcoins a good investment?
Post by: vegasus on April 13, 2024, 10:34:10 PM
Are Bitcoins a good investment?
I will simply answer this question.
Yes, exactly, this is a good  investment.

But, it is  always risky. That is  why every time someone asking about it, I will always answer, it is promising and worthy, but risky at once.

The difference is how we manage the risk and divert it into something more valuable and profitable. Because, it is impossible for us to avoid risks 100%, so as much as possible we face these risks wisely. so that at least we can breathe easier when something we don't want actually happens, such as losing our money or decreasing the value of our assets. So first understand what investment in Bitcoin is like, then we can invest wisely
Title: Re: Are Bitcoins a good investment?
Post by: Baofeng on April 13, 2024, 11:48:23 PM
Are Bitcoins a good investment?
I will simply answer this question.
Yes, exactly, this is a good  investment.

But, it is  always risky. That is  why every time someone asking about it, I will always answer, it is promising and worthy, but risky at once.

Yes, every investment out there is risky.

The difference is how we manage the risk and divert it into something more valuable and profitable. Because, it is impossible for us to avoid risks 100%, so as much as possible we face these risks wisely. so that at least we can breathe easier when something we don't want actually happens, such as losing our money or decreasing the value of our assets. So first understand what investment in Bitcoin is like, then we can invest wisely

But what we like about Bitcoin is that, even if there is risk involved, at the end of the day you are going to make money out of it. It might take some time though specially if you are a long investor. But it's worth the try and wait. Just like in this cycle, when the news came out about the collapse of FTX, the price goes down to $15k. But now look at where we at right now, and if you have bought during that dip in the bear market, you are more likely to make a lot of profits already, just by HODLing and doing nothing.
Title: Re: Are Bitcoins a good investment?
Post by: bayu7adi on April 15, 2024, 06:57:25 AM
Yes, every investment out there is risky.
In other words, every type of investment is actually good, only the risk adjustment makes everyone not choose the wrong investment... there are those who are lucky with meme coins, but there are also those who fail with meme coins... there are those who profit from bitcoin, but there are also quite a few who lose from bitcoin. It's all about our strategy in dealing with digital assets, and whether they are good or not really can't be measured by Bitcoin alone, but rather the people who buy them must also be smart.
Title: Re: Are Bitcoins a good investment?
Post by: bisdak40 on April 16, 2024, 04:16:58 AM
In other words, every type of investment is actually good, only the risk adjustment makes everyone not choose the wrong investment... there are those who are lucky with meme coins, but there are also those who fail with meme coins... there are those who profit from bitcoin, but there are also quite a few who lose from bitcoin. It's all about our strategy in dealing with digital assets, and whether they are good or not really can't be measured by Bitcoin alone, but rather the people who buy them must also be smart.

Bottom line is that every investment in cryptocurrencies has its own risk but the good thing about bitcoin is that if you hold it for a long period of time then there is a high chance that you will profit out of it as historically bitcoin never goes down in price relative to time. So for me, hold bitcoin long term in a safe wallet if you are considering this as an investment.
Title: Re: Are Bitcoins a good investment?
Post by: DabsPoorVersion on April 16, 2024, 12:58:12 PM
Yes, every investment out there is risky.
In other words, every type of investment is actually good, only the risk adjustment makes everyone not choose the wrong investment... there are those who are lucky with meme coins, but there are also those who fail with meme coins... there are those who profit from bitcoin, but there are also quite a few who lose from bitcoin. It's all about our strategy in dealing with digital assets, and whether they are good or not really can't be measured by Bitcoin alone, but rather the people who buy them must also be smart.
For me, it's more on whoever gets in first and not about the strategy in these assets. The first one who considers taking the risk will be the one who has the most possibility of making a profit. Just like in Bitcoin or even in meme coins, if you get first on this investment, you will be able to sell when the demand of buyers has come.

It is indeed being smart as you can see the good side of this investment, making you have the guts to take the risk that not anyone can take. Some investors are only confident once they see other people who make a profit which becomes the reason why they've become late and who lose money in the end.
Title: Re: Are Bitcoins a good investment?
Post by: bitbit97 on April 16, 2024, 04:12:12 PM
Bottom line is that every investment in cryptocurrencies has its own risk but the good thing about bitcoin is that if you hold it for a long period of time then there is a high chance that you will profit out of it as historically bitcoin never goes down in price relative to time. So for me, hold bitcoin long term in a safe wallet if you are considering this as an investment.

Indeed Bitcoin price never goes down relative to time, but not every Bitcoin owner has time to wait for price to go up again, nor have guts to hold for a long time. Many who own Bitcoin understand that the price will always grow, but they are weak against even slight price drops. In general, people are impatient. Impatient, scared and greedy. Many, instead of waiting would accept to sell with a loss. Answering on a topic question - yes, Bitcoin is a good investment. But a good investment only for those who know how to wait. So before  buying a Bitcoin, I would recommend first to learn how to be patient.
Title: Re: Are Bitcoins a good investment?
Post by: Gladitorcomeback on April 16, 2024, 07:25:24 PM
Indeed Bitcoin price never goes down relative to time, but not every Bitcoin owner has time to wait for price to go up again, nor have guts to hold for a long time. Many who own Bitcoin understand that the price will always grow, but they are weak against even slight price drops. In general, people are impatient. Impatient, scared and greedy. Many, instead of waiting would accept to sell with a loss. Answering on a topic question - yes, Bitcoin is a good investment. But a good investment only for those who know how to wait. So before  buying a Bitcoin, I would recommend first to learn how to be patient.

That's mostly the case with new investors because they lack knowledge and hence have no patience and as soon as they see the price of Bitcoin dropping, they start panicking and out of panic, they may even sell their assets regardless of how much money they are losing on their investments. The market is full of such weak hands and you can't talk sense into them because they wouldn't listen.

Such investors can only have strong hands if they, as you said, focus more on learning about Bitcoin and the market as a whole before they start making investments so that they can understand basic things such as it's normal for the price of Bitcoin to drop temporarily.
Title: Re: Are Bitcoins a good investment?
Post by: Dr.Bitcoin_Strange on April 19, 2024, 01:51:42 AM
Inasmuch as high volatility would want to make bitcoin look like an unsafe and unreliable investment, bitcoin is actually the safest and the most reliable crypto asset to invest your money in because bitcoin has a potential to generate good profits overtime.

You just need to know the best investment strategy to use when investing in Bitcoin, that's what determines how profitable your investment would turn out to be. Use the technique of HODLing and you'll see just how much you your investment is really worth