Welcome to BeerMoneyForum.com - We Help Each Other to Make Money Online

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

❕NEWS Bitcoin Is A Better Investment Option Than Other Assets, Says The Economist

De-rector

Ruby Member
LV
0
 
Joined
Jan 21, 2018
Messages
20,469
Reaction score
289
Points
170
Awards
1
Age
32
Location
Nigeria
BMF Points
62,464
Rating - 100%
1   0   0
There is no doubt bitcoin is good asset But I think if long term investment Some altcoin is also available there to make good profit from investment
It is even advisable not to focus only on bitcoin investment but you also invest in other altcoins and even shitcoins too so that you are safe any condition.
 

Fayiz

Emerald Member
LV
0
 
Joined
Jul 26, 2018
Messages
2,496
Reaction score
193
Points
150
Awards
2
Location
India
BMF Points
797
Rating - 100%
2   0   0
It is even advisable not to focus only on bitcoin investment but you also invest in other altcoins and even shitcoins too so that you are safe any condition.
Yes Some of the cheap Altcoin will make you rich more than bitcoin investment But I think it is good for long term investment growth Percentage of altcoins is more than that of bitcoin growth
 

De-rector

Ruby Member
LV
0
 
Joined
Jan 21, 2018
Messages
20,469
Reaction score
289
Points
170
Awards
1
Age
32
Location
Nigeria
BMF Points
62,464
Rating - 100%
1   0   0
Yes Some of the cheap Altcoin will make you rich more than bitcoin investment But I think it is good for long term investment growth Percentage of altcoins is more than that of bitcoin growth
Absolutely, long time holding is the best for Altcoins, if you invest in them heavily and you are patient no doubt you will make gains from it.
 

Skysaint

Emerald Member
LV
0
 
Joined
Jul 29, 2021
Messages
2,511
Reaction score
15
Points
125
Awards
1
Location
Nigeria
BMF Points
22,003
Rating - 0%
0   0   0
Although there is still a higher chance that bitcoins will continue to rise higher but even with these other cryptocurrency will still follow, you can not just put all your eggs in one basket by just investing in bitcoins alone while there are a lot of other potential cryptocurrency in the crypto space.
I do agree with you. Bitcoin has its own potential no doubt but there are other crypto coins that have same or even more potential than Bitcoin especially if you're a crypto trader
 

a_jerobon

Emerald Member
LV
0
 
Joined
Jul 3, 2018
Messages
4,267
Reaction score
49
Points
135
Awards
1
Age
24
Location
Kenya
BMF Points
3,027
Rating - 0%
0   0   0
I think that they are absolutely right. Bitcoin is a great investment option and so people should invest in it more. It is a lot safer than most other assets because you can study the market and predict it well.
 

De-rector

Ruby Member
LV
0
 
Joined
Jan 21, 2018
Messages
20,469
Reaction score
289
Points
170
Awards
1
Age
32
Location
Nigeria
BMF Points
62,464
Rating - 100%
1   0   0
I think that they are absolutely right. Bitcoin is a great investment option and so people should invest in it more. It is a lot safer than most other assets because you can study the market and predict it well.
the more people invest in it the more profitable it will be for some of us have invested much earlier in it even if it is not a big amount and I believe the level of investment will continue.
 

Lopmast

Bronze Member
LV
0
 
Joined
Aug 6, 2021
Messages
86
Reaction score
6
Points
15
Location
Africa
BMF Points
106
Rating - 0%
0   0   0
When it comes to investments, the best profitable tool would be considered and I think bitcoin is it for now. The massive returns and in a short period makes it very attractive.
Most times when we talk of massive return within a short time frame , it is better to also consider that to earn good profit in a short time you need to invest huge and not just an exiguous sum
 

Niftyicon

Sapphire Member
LV
0
 
Joined
Jul 17, 2020
Messages
7,505
Reaction score
112
Points
150
Awards
1
BMF Points
54,025
Rating - 0%
0   0   0
Most times when we talk of massive return within a short time frame , it is better to also consider that to earn good profit in a short time you need to invest huge and not just an exiguous sum
Yeah, such investments are expected of institutions and not retail investors. Those who can commit millions of dollars are surely going to see such massive returns.
 

De-rector

Ruby Member
LV
0
 
Joined
Jan 21, 2018
Messages
20,469
Reaction score
289
Points
170
Awards
1
Age
32
Location
Nigeria
BMF Points
62,464
Rating - 100%
1   0   0
The challenge most times is that people who have invested heavily are not usually satisfied by little profit they make in a short time because some of them will be considering the amount invested compared to the percentage profit . Like someone who invested $100 million and makes $1 million may be targeting $10 million profit.
 

Ononivami1

Platinum Member
LV
0
 
Joined
Sep 23, 2021
Messages
502
Reaction score
9
Points
25
Age
33
Location
Nigeria
BMF Points
122
Rating - 0%
0   0   0
The antecedents of bitcoin as shown that the coin is a good assets and gradually becoming a good store of value . It's evident in it history.
 

Emoney

Sapphire Member
LV
0
 
Joined
Sep 16, 2018
Messages
6,952
Reaction score
252
Points
170
Awards
3
BMF Points
216,533
Rating - 100%
3   0   0
Bitcoin is good investment, yeah. But it is still risky. Not many people are willing to use it because of bad news about hackers, scam, and how online criminals also use it.
 

De-rector

Ruby Member
LV
0
 
Joined
Jan 21, 2018
Messages
20,469
Reaction score
289
Points
170
Awards
1
Age
32
Location
Nigeria
BMF Points
62,464
Rating - 100%
1   0   0
Bitcoin is good investment, yeah. But it is still risky. Not many people are willing to use it because of bad news about hackers, scam, and how online criminals also use it.
Bitcoin investment is all about taking reasonable and calculated risk because even if you had currencies people make losses in businesses and other Investments so personally I feel it a thing people showed invest on
 

Lopmast

Bronze Member
LV
0
 
Joined
Aug 6, 2021
Messages
86
Reaction score
6
Points
15
Location
Africa
BMF Points
106
Rating - 0%
0   0   0
The challenge most times is that people who have invested heavily are not usually satisfied by little profit they make in a short time because some of them will be considering the amount invested compared to the percentage profit . Like someone who invested $100 million and makes $1 million may be targeting $10 million profit.
You are making a lot of sense with this point. Don't be surprised that small investors too would expect to make for example $10k out of $30 within a short time frame and on most cases it seems impracticable from antecedents. They really need to sit back and calculate the riskt involved when investing in crypto
 

btaliat

Emerald Member
LV
0
 
Joined
Aug 31, 2020
Messages
1,876
Reaction score
19
Points
125
Awards
1
BMF Points
3,267
Rating - 0%
0   0   0
I will not see bitcoin as the best investment option for now. Someone that want to invest in bitcoin now must have a huge sum of money in order to be making tangible money. One can look into some other promising altcoin to invest in rather bitcoin.
Besides, I still prefer physical investment to online investment.
 

De-rector

Ruby Member
LV
0
 
Joined
Jan 21, 2018
Messages
20,469
Reaction score
289
Points
170
Awards
1
Age
32
Location
Nigeria
BMF Points
62,464
Rating - 100%
1   0   0
I will not see bitcoin as the best investment option for now. Someone that want to invest in bitcoin now must have a huge sum of money in order to be making tangible money. One can look into some other promising altcoin to invest in rather bitcoin.
Besides, I still prefer physical investment to online investment.
That's the best because it is almost impossible for you to make 100% return on investment from Bitcoin in a very short time but certainly possible especially with small valued altcoins . My strategy has always been Investing on altcoins less than $1.
 

btaliat

Emerald Member
LV
0
 
Joined
Aug 31, 2020
Messages
1,876
Reaction score
19
Points
125
Awards
1
BMF Points
3,267
Rating - 0%
0   0   0
That's the best because it is almost impossible for you to make 100% return on investment from Bitcoin in a very short time but certainly possible especially with small valued altcoins . My strategy has always been Investing on altcoins less than $1.
Exactly, investing in such a coin will allow you to have million of them. Which means you may have much gain if there is slight increment in the price of the coins. Only God knows how much it will cost to have millions of bitcoin in one's portfolio. So bitcoin is an investment of the riches to further enrich themselves.
 

Kennysplash

Gold Member
LV
0
 
Joined
Dec 27, 2020
Messages
426
Reaction score
16
Points
25
Location
Nigeria
BMF Points
3,251
Rating - 0%
0   0   0
I think why they said that is because of the high returns Bitcoin has been producing when invested in long-term. I will agree it's the best, since no other stock or shares can compare with the high returns that Bitcoin has produced over the years. But one should be very careful because of internet fraud or carelessness. Once the wallets are compromised, that is the end of any investment.
 

Chibson

Emerald Member
LV
0
 
Joined
Aug 9, 2020
Messages
2,272
Reaction score
6
Points
125
Awards
1
BMF Points
50
Rating - 0%
0   0   0
I probably agree with this statement. over the years the Bitcoin has grown so by that the earlier investors has made so much amount of money. A lot of people keep on inviting on daily basis in the digital gold. I have heard a group discussion which says that bitcoin will reach 150,000 dollars this year.
 

Chibson

Emerald Member
LV
0
 
Joined
Aug 9, 2020
Messages
2,272
Reaction score
6
Points
125
Awards
1
BMF Points
50
Rating - 0%
0   0   0
I think why they said that is because of the high returns Bitcoin has been producing when invested in long-term. I will agree it's the best, since no other stock or shares can compare with the high returns that Bitcoin has produced over the years. But one should be very careful because of internet fraud or carelessness. Once the wallets are compromised, that is the end of any investment.
If you know when to invest and take profit in Bitcoin then you would really be making a whole lot of money than any other type of investment option. this statement is definitely true because a lot of billionaires all over the world tips on investing in Bitcoin which shows that it is a very good investment option and makes them a whole lot of profit.
 

Skysaint

Emerald Member
LV
0
 
Joined
Jul 29, 2021
Messages
2,511
Reaction score
15
Points
125
Awards
1
Location
Nigeria
BMF Points
22,003
Rating - 0%
0   0   0
This is true I totally agree with this that amongst all the asset that one may have that Bitcoin is probably the best one that one should have because if you check out the advantage of massive returns if you bought it when the price had fallen then you will realize that you really have an asset so Bitcoin is the best and will still continue to be.
Bitcoin don't have any massive return on investment, just that the coin is trusted by investors as being the leading cryptocurrency coin. There are many alticoins, even meme coin that can yield you 100% returns on your investment just in weeks but if you expect that from Bitcoin then you probably will have to wait for a very long time to actualise such dreams.
 

REWARDS: Active Raffles


  • Roll 28: Win 100,000 BMF Points!

    The entry period for this raffle ends in..

Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.