Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Asebaby on December 02, 2018, 07:20:23 AM
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I personally have the thoughts that Bitcoin is evolving towards Reserve Asset status reasons are:
Its have 10yr track record
Highest security
Stable & growing protocol stack
Institutional adoption
High & improving privacy
Politically neutral
User sovereignty
Virtuous liquidity cycle
Do you think I am right in my own line of thoughts
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That makes Bitcoin insecure because prices are unstable and many people are trapped in falling market conditions, so they suffer losses. All certainly have a big risk. But you also have to see that many people get rich because they invest in Bitcoin.
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I think bitcoin is secured investment because it is a profitable, potential and trusted coin. Also now bitcoin price is very low. So i think it is good time to long term investment.
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IMHO bitcoin will be in bear market for a while yet as its primary purpose as a method of payment is not so practical due to unpredictable and substantial price jumps which can not be said about stable coins like tether circle coin or true usd. So indeed the strong conviction of the 94% correction trend and fulfilment is on the horizon from there btc will again begin its journey to yet another att.
This however is really just the beginning of an industry. Industry of data, accounting and many associations.
With more and more companies seeking benefits of dlt applications with in their business models to cut costs and improve security. Launching a whole project never have been easier take https://innovaminex.com/en/inx a whole mining venture powered by blockchain
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Bitcoin was not created as an investment asset but as an alternative to the fiat currency. Its value grew along the line and people started using it as an asset in investment. Bitcoin is not a secured investment because its value it's highly volatile and fluctuates all the time
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I think that Bitcoin is not an investment product, because it was not created for these purposes, there are too many risks associated with it.
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I do not agree that Bitcoin is not a secure investment because for me Bitcoin is the most secure among all crypto coin now.That's why Bitcoin has the highest market value that other crypto coin.Bitcoin will still be the best for investment.
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As a matter of fact, every investment is risky, there is none that risk free.
So also Bitcoin.
Bitcoin investment is risky but secure than any other cryptocurrencies you may think of.
Bitcoin is more popular than the rest and so it's investment is secure.
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You have written those the list what the reason of being secured only .I never found bitcoin is unsecured .Its quite safe .Don't share our privacy to other that's it.
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It might be difficult to make Bitcoin an asset. Because the value of Bitcoin is not stable, so the price changes easily. Indeed Bitcoin is not a safe investment because every investment has a risk. There is a risk, but if you make a profit, it will be huge.
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Bitcoin is a long-term, high-risk investment. Bitcoin is still in a protracted fall. We have yet to figure out whether Bitcoin will grow or be replaced by something else, remaining in memory as a failure story.
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Getting in touch to bitcoin is good to look at it in every corner to see its full potential and possibility of the better future of the world's transaction from one place to another or the peer to peer system. It is secured investment but not secure stable investment.
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Bitcoin is a long-term, high-risk investment. Bitcoin is still in a protracted fall. We have yet to figure out whether Bitcoin will grow or be replaced by something else, remaining in memory as a failure story.
Great point and a valid question regarding btcs growth one reason for growth may be simple all other dlt based solutions trade vs btc
Sentimental
Careful guardianship of bitcoins value not easy but doable once past correction of this cycle the value will steadily increase due to btcs speculative nature taking it to yet another monumental ATH
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bitcoin is the safest investment in fact many investors invest their money because it is the safest among a number of others, and bitcoin will always grow in the coming year.
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bitcoin is actually a safe place to invest, but not for a short time, if you want to get the results you want, you must wait until the time is not determined
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I personally have the thoughts that Bitcoin is evolving towards Reserve Asset status reasons are:
Its have 10yr track record
Highest security
Stable & growing protocol stack
Institutional adoption
High & improving privacy
Politically neutral
User sovereignty
Virtuous liquidity cycle
Do you think I am right in my own line of thoughts
for investment, bitcoin is something that have chance 50:50. So we have the chance to become rich or more destroyed because of crypto, everyone's perspective is different, but I believe that, with this bitcoin, not everyone will succeed, 50% will win, and the rest will lose.
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All investments will definitely have risks and you must be careful. Because the market price of crypto coins is unstable and constantly changing. So that the current price changes are uncertain, more people will have difficulty getting profits.
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That makes Bitcoin insecure because prices are unstable and many people are trapped in falling market conditions, so they suffer losses. All certainly have a big risk. But you also have to see that many people get rich because they invest in Bitcoin.
You are true. The price volatility is the reason for bad side of insecure to invest in bitcoin. On the other hand, there are many advantages of bitcoin. There are many people can get high profits in investing in bitcoin. We also should consider this for the reason to try investment in bitcoin.
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bitcoin is the safest investment in fact many investors invest their money because it is the safest among a number of others, and bitcoin will always grow in the coming year.
This is a very enthusiastic and supportive opinion slightly fanatical approach I dare say.... but gold could be safer especially I quantities of less than 1 kg
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As a matter of fact, every investment is risky, there is none that risk free.
So also Bitcoin.
Bitcoin investment is risky but secure than any other cryptocurrencies you may think of.
Bitcoin is more popular than the rest and so it's investment is secure.
So which one is it?
Is it not a secured investment (base on your title)?
Or is it secured (base on your reply to comments)?
I see secured investment as something that will have a steady growth and, for now, bitcoin does not look like it. The value is just too volatile.