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.Yes i think so bitcoin is the good investment at this moment.
Collected by: www.benzinga.com
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
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.Why not !!! Bitcoin is the best investment platform in CMC. Please hold and invest bitcoin as your wish.
Collected by: www.benzinga.com
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.
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.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.
Collected by: www.benzinga.com
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.
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.
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.
Are Bitcoins a good investment?I will simply answer this question.
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
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.
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.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.
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.
So before buying a Bitcoin, I would recommend first to learn how to be patient.Learn how to be patient in the sense that you don't know when bitcoin will excel in price. Patience is what the majority of investors lack. Most of them want to see profits in their bitcoin investment always without first understanding that the crypto market is volatile, it does fluctuate up and down and there are times to expect huge profits out of one investment in bitcoin(that is the bull run season)
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
Learn how to be patient in the sense that you don't know when bitcoin will excel in price. Patience is what the majority of investors lack. Most of them want to see profits in their bitcoin investment always without first understanding that the crypto market is volatile, it does fluctuate up and down and there are times to expect huge profits out of one investment in bitcoin(that is the bull run season)
Only new people who buy Bitcoin at the top might actually need this advice, no competent investor will actually buy Bitcoin at the top and see at the bottom, they will hold until they are even or sell when they are in profit.Well said, booking profit and then waiting for the next entry point is the best way to make some profit, as sometimes most people buy BTC and hold it with a wish in mind that they will become rich if they will hold BTC for a long term. But that's now how things work, if you want to become rich you have to consider other factors too, like the time of entry, the amount you entered with, the time period you are holding for, etc., etc.
I also wish you can edit your post and write the word I bolded correctly :D.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
I wish op can edit his title and write it properly. Bitcoin is a nise investment and the best when it comes to cryptocurrency.
Well said, booking profit and then waiting for the next entry point is the best way to make some profit, as sometimes most people buy BTC and hold it with a wish in mind that they will become rich if they will hold BTC for a long term. But that's now how things work, if you want to become rich you have to consider other factors too, like the time of entry, the amount you entered with, the time period you are holding for, etc., etc.I think only short-term investors care too much about price fluctuations and temporary losses with BTC. For long-term investors, willing to hold BTC for 2 years or more, all they need to care about is the main trend of BTC: uptrend or downtrend, bullrun or bearsleep. BTC is a special asset in this market: BTC has continuously set new ATHs in the past cycles, meaning that as long as investors hold BTC long enough, they will make a profit. Therefore, we always hear that: have BTC in crypto portfolio to ensure safety and profit in the future. For me, this is still true, especially during the market recovery phase: BTC.D rising means that BTC's price performance is better than most ALTS in the market. So: don't throw BTC from our portfolio!
IMO it's a little hard to book profit and re-enter market again. Because to successfully pull this up, you have to be an experienced trader or holder, because there are plenty of factors that can cause us to lose our profit. For example when BTC was around $32k and my buying was around $28k I thought it will come back to $28k and I booked some profit at $32k and it never came down to that point and I still regret on that decision but not that much. Same thing happen when BTC was at $72k I thought to book the profit but I thought it will go further up and end up at $55k haha
Well, it means I still lack knowledge.
Only long-term investors benefit the most, because whenever you invest in Bitcoin it must be long-term, if at all. Short-term investing in Bitcoin carries the highest risk, as buying Bitcoin for a short period of time can cause the market to dump at any time. That's why it's normal for that investor to experience losses at any time but whenever you invest in Bitcoin for two to three years or more, your logic will be much less and the benefits will be more.
Yes obviously Bitcoin is best for investment. Bitcoin is father of all coin i think. Bitcoin is oldest coin in the cryptocurrency market. And it’s position 1st on cryptocurrency market. And it’s marketcap and transection volume is huge no any competitor for Bitcoin till now. If anyone invest on Bitcoin he will be must benefited there has no doubt. Today or tomorrow Bitcoin will give profit i strongly believe it and till now it happened.Most definitely.
-snip-HODL for the long term, but not HODL for life.
Although Bitcoin is a long-term investment and should be considered for its long-term potentials, if anyone wishes to really get the best out of Bitcoin, then one should avoid attempting to predict the market and just HODL for the long-term.
-snip-
Re: Are Bitcoins a good investment?Thread has been created 4 years ago, but there's still a question until now regarding Bitcoin being a good investment.
That's right. But if you can only have enough patience to hold your Bitcoins until the price came back at your buying price after it went down then probably you can say it's still a good investment. It's because your money will be more valuable in a just a couple of years based on the history of Bitcoin. Some people only experience losses because they can't handle anymore the losses. So if you have enough knowledge in Bitcoin, knows how to analyze the market, then you can say that Bitcoin is a good investment. Not all coins can survive in the long run.QuoteRe: Are Bitcoins a good investment?Thread has been created 4 years ago, but there's still a question until now regarding Bitcoin being a good investment.
Hmmm, I think it will depend on your decisions. It depends on 2 scenarios.
1. If you risked your money and bought it during the bear market, in a few years, you will make your money hence, you will say that it's a good investment, right?
2. If you followed what some investors are doing which is getting FOMOed and will buy when the price of Bitcoin is already near its peak price, you might experience losses especially when the price goes down a few days to weeks after that hence, you will say that it's a bad investment.
At the end of the day, it will all depends to what we are doing. Some can say it's a good investment. Some will say it's a bad investment. It will depend on their decisions and their experiences.
I think only short-term investors care too much about price fluctuations and temporary losses with BTC. For long-term investors, willing to hold BTC for 2 years or more, all they need to care about is the main trend of BTC: uptrend or downtrend, bullrun or bearsleep. BTC is a special asset in this market: BTC has continuously set new ATHs in the past cycles, meaning that as long as investors hold BTC long enough, they will make a profit. Therefore, we always hear that: have BTC in crypto portfolio to ensure safety and profit in the future. For me, this is still true, especially during the market recovery phase: BTC.D rising means that BTC's price performance is better than most ALTS in the market. So: don't throw BTC from our portfolio!I can't agree more with you, I then started to invest in BTC my only goal was to become a holder but they are the ones who have plans to hold for more than 3 to 4 years, but my accumulation is from 2023, so I should not call myself a holder yet, but my main plan was to make money also, so that's why I planned to book profit at $32k and at $72k.
Well I do plan to HODL for life, but yeah, I most definitely do have a target and when I've somewhat achieved this target, I'd take out profits not stop HODLing, so even after hitting that set target, I'd still keep on HODLing and setting new targets, so that pretty much looks more like HODLing for a lifetime.-snip-HODL for the long term, but not HODL for life.
Although Bitcoin is a long-term investment and should be considered for its long-term potentials, if anyone wishes to really get the best out of Bitcoin, then one should avoid attempting to predict the market and just HODL for the long-term.
-snip-
There should be a price target that needs to be achieved, even if it's long-term.
QuoteRe: Are Bitcoins a good investment?Thread has been created 4 years ago, but there's still a question until now regarding Bitcoin being a good investment.
Hmmm, I think it will depend on your decisions. It depends on 2 scenarios.
1. If you risked your money and bought it during the bear market, in a few years, you will make your money hence, you will say that it's a good investment, right?
2. If you followed what some investors are doing which is getting FOMOed and will buy when the price of Bitcoin is already near its peak price, you might experience losses especially when the price goes down a few days to weeks after that hence, you will say that it's a bad investment.
At the end of the day, it will all depends to what we are doing. Some can say it's a good investment. Some will say it's a bad investment. It will depend on their decisions and their experiences.
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.If you had kept investing in Bitcoin when you talked about Bitcoin investment, you would surely have made a lot of profit today. Bitcoin was probably below 10000 then if you had invested you would have got seven times profit today. Bitcoin is the king of all coins, so if you invest in Bitcoin, the risk is low and if you invest for a long time, the profit is definitely high.
Collected by: www.benzinga.com
Those who invest in long-term plans will surely succeed in implementing their plans if they stick to their decisions. Many times due to multiple decision changes, investors cannot hold their investments for long. But I would say bitcoin is always safe currency to hold in long term plan and we can invest in this currency if we want to in long term plan.Well I do plan to HODL for life, but yeah, I most definitely do have a target and when I've somewhat achieved this target, I'd take out profits not stop HODLing, so even after hitting that set target, I'd still keep on HODLing and setting new targets, so that pretty much looks more like HODLing for a lifetime.-snip-HODL for the long term, but not HODL for life.
Although Bitcoin is a long-term investment and should be considered for its long-term potentials, if anyone wishes to really get the best out of Bitcoin, then one should avoid attempting to predict the market and just HODL for the long-term.
-snip-
There should be a price target that needs to be achieved, even if it's long-term.
Those who invest in long-term plans will surely succeed in implementing their plans if they stick to their decisions. Many times due to multiple decision changes, investors cannot hold their investments for long. But I would say bitcoin is always safe currency to hold in long term plan and we can invest in this currency if we want to in long term plan.Buy, buy and buying bitcoin for long-term investment, will greatly provide long-term benefits compared to other investments.
Well I do plan to HODL for life, but yeah, I most definitely do have a target and when I've somewhat achieved this target, I'd take out profits not stop HODLing, so even after hitting that set target, I'd still keep on HODLing and setting new targets, so that pretty much looks more like HODLing for a lifetime.
That is a big challenge though, I have experience the same, we all know that in the pandemic,we can't go out and so I'm just at home and just doing DCA and was able to HODL for at least a year before I finally sold everything in baby steps because I needed the money so I have no choice and I said to myself that I can replicate it again, just go and accumulate again and probably I can have the same amount or close to it and so I laid out a plan. But we all know that there are things in life that we don't have control and so it didn't happen although I still have some Bitcoin in my wallet and still continue to save and accumulate as much as I can for long term.Those who invest in long-term plans will surely succeed in implementing their plans if they stick to their decisions. Many times due to multiple decision changes, investors cannot hold their investments for long. But I would say bitcoin is always safe currency to hold in long term plan and we can invest in this currency if we want to in long term plan.Well I do plan to HODL for life, but yeah, I most definitely do have a target and when I've somewhat achieved this target, I'd take out profits not stop HODLing, so even after hitting that set target, I'd still keep on HODLing and setting new targets, so that pretty much looks more like HODLing for a lifetime.-snip-HODL for the long term, but not HODL for life.
Although Bitcoin is a long-term investment and should be considered for its long-term potentials, if anyone wishes to really get the best out of Bitcoin, then one should avoid attempting to predict the market and just HODL for the long-term.
-snip-
There should be a price target that needs to be achieved, even if it's long-term.
In cryptocurrency we should know and have the understanding that bitcoin is the best investment we could accept and also know that it's also what is being made affordable for everyone to have right to use being decentralized, we can decide to make our choice of application on how wr want to make use of bitcoin and how we can also see many other opportunities in adopting for it.Bitcoin is infact the only crypto asset I invest in, I've tried investing in altcoins in the past when I haven't realized that bitcoin alone had the potential to provide me with all the profits I needed, because if i had known from the onset, then i wouldn't have learned the hard way about how unstable or unsafe altcoins are, but my awful experience did prove to me beyond reasonable doubt that Bitcoin is indeed the only safe and secure option to consider, when it comes to crypto investment.
A lot of investors may actually have intentions of HODLing for the long-term but certain circumstances can make them deviate or meddle with their plans.Those who invest in long-term plans will surely succeed in implementing their plans if they stick to their decisions. Many times due to multiple decision changes, investors cannot hold their investments for long. But I would say bitcoin is always safe currency to hold in long term plan and we can invest in this currency if we want to in long term plan.Well I do plan to HODL for life, but yeah, I most definitely do have a target and when I've somewhat achieved this target, I'd take out profits not stop HODLing, so even after hitting that set target, I'd still keep on HODLing and setting new targets, so that pretty much looks more like HODLing for a lifetime.-snip-HODL for the long term, but not HODL for life.
Although Bitcoin is a long-term investment and should be considered for its long-term potentials, if anyone wishes to really get the best out of Bitcoin, then one should avoid attempting to predict the market and just HODL for the long-term.
-snip-
There should be a price target that needs to be achieved, even if it's long-term.
A lot of investors may actually have intentions of HODLing for the long-term but certain circumstances can make them deviate or meddle with their plans.From my point of view I think that most of the people when we start an long term investment on bitcoin, we knows that bitcoin is the most secure and trustable for investment and here we don't go for the strategy carefully and that's the problem we do before investment. I think for long-term investment we don't have to do big investment like we spending on our entertainment the small amount should be investment on bitcoin like we can start with DCA with our 5-10% of our salaries. That's way we can also have the fund to face the emergency situation and also stick with the invest strategies.
Such circumstances includes, lack of adequate knowledge and preparation, before deciding to HODL, there are essential approaches to first put in place before starting your HODLing process, these includes making sure you have an emergency fund to sort out potential emergencies that are likely to arise in the future, which are inevitably part of one's journey.
If there are no emergency funds, and you go straight into bitcoin accumulation with intentions of HODLing for the long-term, and an emergency arises, this could interrupt your long-term plans and goals as you'll be forced to take out funds from your investment to sort out your emergency, whether you're in profit or not.
From my point of view I think that most of the people when we start an long term investment on bitcoin, we knows that bitcoin is the most secure and trustable for investment and here we don't go for the strategy carefully and that's the problem we do before investment. I think for long-term investment we don't have to do big investment like we spending on our entertainment the small amount should be investment on bitcoin like we can start with DCA with our 5-10% of our salaries. That's way we can also have the fund to face the emergency situation and also stick with the invest strategies.Its good way when investing in bitcoin spending around 5-10% of salaries and make us more safety with money management for investing. Looking for the right strategies when investing in bitcoin during have lower price and keep waiting another correction moment to buy back.
I would say that investment of any amount in Bitcoin in long term period is good. First of all, even if the price goes down, it always bounce back. Despite other cryptocurrency, Bitcoin today looks like it will be with us forever. With it I am saying that it wont disappear, become useless or banned all of a sudden. Why any amount is a good investment - because owning Bitcoin is better than dreaming of having it. Somehow it has a sort of a trademark of trust and income.You are right that Bitcoin is the most trustworthy cryptocurrency for investment there is no chance of this go vanish or any kind of such things. And it's guaranteed if anyone can hold bitcoin for long-term he will definitely make profit.
Apart from that, it also needs to be implanted in everyone's minds, that Bitcoin is not a get-rich-quick method that makes poor people own Lamborghinis overnight. Not like that. It takes extra patience and proper money management so that the investments we make in Bitcoin can make money too. Using free money as you said, is also one of the financial management strategies that must be considered. Then, some people might recommend DCA which is also very good.I would say that investment of any amount in Bitcoin in long term period is good. First of all, even if the price goes down, it always bounce back. Despite other cryptocurrency, Bitcoin today looks like it will be with us forever. With it I am saying that it wont disappear, become useless or banned all of a sudden. Why any amount is a good investment - because owning Bitcoin is better than dreaming of having it. Somehow it has a sort of a trademark of trust and income.You are right that Bitcoin is the most trustworthy cryptocurrency for investment there is no chance of this go vanish or any kind of such things. And it's guaranteed if anyone can hold bitcoin for long-term he will definitely make profit.
Now it's also important that bitcoin has also high volatilities and because of volatilities it is also contains risk so even if you want to invest in bitcoin there will be risk like in emergency cases if you need to sell your btc then you might face loss. So if you can insure the fund for the emergency situation and if you have a handsome amount lazy fund in your hand then you can invest here for long-term what ever the amount.
What strategy anyone decides to employ while accumulating bitcoin for the long-term is strictly dependent on the person and his investment goals, whether to DCA through the while provess or to lump sum is a personal choice, but what's more important is that whatever strategy or technique tge person chooses should be in alignment with gis investment goals.A lot of investors may actually have intentions of HODLing for the long-term but certain circumstances can make them deviate or meddle with their plans.From my point of view I think that most of the people when we start an long term investment on bitcoin, we knows that bitcoin is the most secure and trustable for investment and here we don't go for the strategy carefully and that's the problem we do before investment. I think for long-term investment we don't have to do big investment like we spending on our entertainment the small amount should be investment on bitcoin like we can start with DCA with our 5-10% of our salaries. That's way we can also have the fund to face the emergency situation and also stick with the invest strategies.
Such circumstances includes, lack of adequate knowledge and preparation, before deciding to HODL, there are essential approaches to first put in place before starting your HODLing process, these includes making sure you have an emergency fund to sort out potential emergencies that are likely to arise in the future, which are inevitably part of one's journey.
If there are no emergency funds, and you go straight into bitcoin accumulation with intentions of HODLing for the long-term, and an emergency arises, this could interrupt your long-term plans and goals as you'll be forced to take out funds from your investment to sort out your emergency, whether you're in profit or not.
I would say that investment of any amount in Bitcoin in long term period is good. First of all, even if the price goes down, it always bounce back. Despite other cryptocurrency, Bitcoin today looks like it will be with us forever. With it I am saying that it wont disappear, become useless or banned all of a sudden. Why any amount is a good investment - because owning Bitcoin is better than dreaming of having it. Somehow it has a sort of a trademark of trust and income.The future of bitcoin can't be defined, it's unpredictable. We don't know what the future holds for us about bitcoin. What we can hope for, it will be a good one and keep achieving the sole aim of why Satoshi created it to bring financial breakthrough to humanity, a store of value, another means of transaction, a digital currency, and become widely accepted globally
I would say that investment of any amount in Bitcoin in long term period is good. First of all, even if the price goes down, it always bounce back. Despite other cryptocurrency, Bitcoin today looks like it will be with us forever. With it I am saying that it wont disappear, become useless or banned all of a sudden. Why any amount is a good investment - because owning Bitcoin is better than dreaming of having it. Somehow it has a sort of a trademark of trust and income.No one will be able to disprove the opinion that you said about bitcoin. It is true that if we invest any amount in the form of bitcoin, in the long term it will get maximum value because of the increase that always happens every 4 years after the halving period.
Bitcoin has proven to be an investment one can have and be sure of their future again, without fears hovering around them as a wrong investment decision made.Indeed, everyone in the crypto space or that have a good knowledge about cryptocurrency knows that in a world filled with so many crypto assets, Bitcoin has been able to stand out as the most reliable, safest and most secure investment.
It's someone who has the wrong knowledge of bitcoin can just group bitcoin as a wrong investment to make. However, for those who are familiar with bitcoin, it will be the best future investment option.
As at today, bitcoin is one of the most lucrative digital investment one can go for and ever appreciate its opportunity because its always promising and rewarding....
Bitcoin has proven to be an investment one can have and be sure of their future again, without fears hovering around them as a wrong investment decision made.It already came to a point for me already that this question is a bit irrelevant anymore.
It's someone who has the wrong knowledge of bitcoin can just group bitcoin as a wrong investment to make. However, for those who are familiar with bitcoin, it will be the best future investment option.