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Author Topic: Bitcoin As Long Term Investment?  (Read 31542 times)

Offline doc

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Re: Bitcoin As Long Term Investment?
« Reply #240 on: January 20, 2021, 10:12:19 PM »


Honestly, many people including me is looking at Bitcoin more as an investment asset (which we are wishing can be rising up all the time though this is impossible) more than a payment network and that is the reason why we are holding on to it and will not be moving no matter what.

Since we are thinking more like an investor rather than as a consumer,  should we then look at Bitcoin as a long-term investment just like getting into real estate? And how long is the long-term here, 5 years, 10 years?

For now, I think bitcoin is not suitable for long term investment, because the bitcoin price is so high, bitcoin at $ 34k now.I think this coin is good for short term or do daily trading. Bitcoin is most popular and the King of crypto currency. For long term, if you buy now, It is more risky.

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Re: Bitcoin As Long Term Investment?
« Reply #240 on: January 20, 2021, 10:12:19 PM »

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Offline mahid

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Re: Bitcoin As Long Term Investment?
« Reply #241 on: January 21, 2021, 07:59:56 AM »
If we compare to traditional stocks then we see that cryptocurrencies are extremely volatile and require investors to prepare themselves for all kinds of scenarios. Panic selling or buying don’t always help in the long-run. We know btc price most of time is to be stable and after a long time it's movement will  break all the records. So to get the profit by investing btc long time term investment will be the right decision.
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Re: Bitcoin As Long Term Investment?
« Reply #241 on: January 21, 2021, 07:59:56 AM »

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Re: Bitcoin As Long Term Investment?
« Reply #242 on: January 21, 2021, 09:45:30 AM »
The most popular coin for long-term investments is Bitcoin. Currently, the price of Bitcoin has risen dramatically. However, when the price of Bitcoin was low, those who bought Bitcoin at a low price. At present they have embezzled a lot of money. Currently, the price of Bitcoin has increased a lot. So bitcoin is the best long-term coin.

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Re: Bitcoin As Long Term Investment?
« Reply #243 on: January 21, 2021, 10:37:08 AM »
Bitcoin is one of the most popular cryptocurrencies in the world. Bitcoin is called the king of the cryptocurrency world. Investing in Bitcoin is extremely profitable. Those who invested in Bitcoin a few days ago are now making huge profits. So I think long-term investment in Bitcoin is possible. And there will be chances of getting good profit.

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Re: Bitcoin As Long Term Investment?
« Reply #244 on: January 21, 2021, 10:57:16 AM »
Bitcoin is called the king of the cryptocurrency world. As Bitcoin grows in popularity, so does its acceptability to people. The number of investors on Bitcoin is also increasing day by day. I think investing in Bitcoin is very profitable. There is no chance of ever losing, maybe a little long hold. So I will choose Bitcoin for long term investment.

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Re: Bitcoin As Long Term Investment?
« Reply #245 on: January 21, 2021, 11:21:31 AM »
I think Bitcoin is a coin suitable for long-term investment without hesitation. Because of the popularity of Bitcoin. Bitcoin's popularity is growing day by day. Bitcoin will move to a much better position in the future because Bitcoin is considered to be the currency of the future world. So I think Bitcoin is a coin suitable for long-term investment without hesitation.
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Re: Bitcoin As Long Term Investment?
« Reply #246 on: January 22, 2021, 03:00:51 PM »
When viewed from the history Bitcoin is indeed for long-term investment and this is definitely a graphic chart that has continued to rise since 2009.
If Bitcoin goes down then maybe it's not for a long term investment, like Altcoins which are created every day but end up in a dump, dying and dying.
Yes, I agree that Bitcoin is for long term investment and this is my choice for Bitcoin.

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Re: Bitcoin As Long Term Investment?
« Reply #246 on: January 22, 2021, 03:00:51 PM »


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Re: Bitcoin As Long Term Investment?
« Reply #247 on: January 22, 2021, 03:38:34 PM »
There is no need to convince anyone who has been around the cryptosphere for a while that investing in bitcoin is profitable. So far, bitcoin is one of the most profitable assets in history, surpassing big names like Amazon, VISA and other in terms of return on assets.

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Re: Bitcoin As Long Term Investment?
« Reply #248 on: January 22, 2021, 05:34:55 PM »
Bitcoin is the best long-term investment, even those who bought bitcoin in more than $ 40k can wait, no matter if the price falls, I am sure that this year we can see the price in more than $ 50k.
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Re: Bitcoin As Long Term Investment?
« Reply #249 on: January 22, 2021, 08:28:47 PM »
To me btc is better off as a long term investment than short term, you stand the chance to gain more than holding short term, especially when you have a very limited resource to invest.

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Re: Bitcoin As Long Term Investment?
« Reply #250 on: January 24, 2021, 05:03:44 AM »
Yes I agree. Bitcoin is now very good investment site in cryptocurrency. Would top investors are investigating bitcoin. This is very good news for every crypto currency persons. Now bitcoin price is not good. It was continues dumping. Now bitcoin price is 32k$. I think this is not bad. I hope future bitcoin price has more developed.
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Re: Bitcoin As Long Term Investment?
« Reply #251 on: January 24, 2021, 06:08:09 AM »
Yes I agree. Bitcoin is now very good investment site in cryptocurrency. Would top investors are investigating bitcoin. This is very good news for every crypto currency persons. Now bitcoin price is not good. It was continues dumping. Now bitcoin price is 32k$. I think this is not bad. I hope future bitcoin price has more developed.

Yes I think bitcoin and Ethereum are really good for long term investment. You can buy more now and hold for several years , My friends said It is good for about 3 years again. I think We agree with this opinion
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Re: Bitcoin As Long Term Investment?
« Reply #252 on: January 24, 2021, 06:19:31 AM »
Yes I agree. Bitcoin is now very good investment site in cryptocurrency. Would top investors are investigating bitcoin. This is very good news for every crypto currency persons. Now bitcoin price is not good. It was continues dumping. Now bitcoin price is 32k$. I think this is not bad. I hope future bitcoin price has more developed.

Yes I think bitcoin and Ethereum are really good for long term investment. You can buy more now and hold for several years , My friends said It is good for about 3 years again. I think We agree with this opinion

Sorry , I don't agree with you, I think their price is so high. It is more risky ,if you want buy more now and hold for three years again. Crypto currency price is unpredictable, I think for now , trading is better to do
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Re: Bitcoin As Long Term Investment?
« Reply #253 on: January 24, 2021, 07:36:04 AM »
In my opinion, right now to invest in bitcoin is not quite right because now bitcoin is still pum, if you want to invest properly in bitcoin, wait for bitcoin dump, according to my opinion.
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Re: Bitcoin As Long Term Investment?
« Reply #254 on: January 24, 2021, 08:19:38 AM »
There is always an upside in the bitcoin market. Bitcoin prices are determined based on sales. When the price of Bitcoin goes down, it would be better to hold Bitcoin for the next time. It is better to invest in bitcoin at the right time.
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