Bitcoin is a new investment

[Silas]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

 

[Jair]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

Yes, bitcoin is getting importance as the new money and new form of investment, because around the globe the usage of bitcoin on trading has increased in large difference compared to the past during this pandemic. During the pandemic there is more and more job layoffs and salary cut. This has made a big change in people's economic life, and people have begun to look for better earning possibilities. This has made people to move to bitcoin as a new investment

 

[Maxwell]

Bitcoin is a good investment if you know how it works. Investing on it without having the knowledge about it will just make your investment lose profits in the long run. During this time of pandemic, some countries already invested their money and future in Bitcoin, and soon enough, I believe all of us in the whole world will appreciate Bitcoin and will start cashless society.

My only advice is that if you're planning to invest in Bitcoin, don't put it all in because it might go down again before flying to the moon

 

[Ashton]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

Alternative option to earn yes bitcoin is good to make money not only by buying it you can also use bitcoin to trade different crypto currency which can also give you income in terms of USD value by trading it daily.

Holding it is just another option which can give you potential income someday if the adoption will increase and pull the price up then you gain profit for that by just owning bitcoin.

 

[Juan]

Bitcoin investment isn't a way of earning money in the short term. People can make passive income through crypto trading quickly but there is no surety. For trading successfully they need to obtain good knowledge about crypto market. It's not an easy task. If people facing economical problem for this pandemic and thinking to invest in bitcoin, I won't suggest them. Cause the investment can't solve their economical crisis shortly.

 

[Calvin]

Alternative option to earn yes bitcoin is good to make money not only by buying it you can also use bitcoin to trade different crypto currency which can also give you income in terms of USD value by trading it daily.

Holding it is just another option which can give you potential income someday if the adoption will increase and pull the price up then you gain profit for that by just owning bitcoin.

Yeah, also don't forget that 95% of traders lose their money when they trade, so it's most likely that you will lose your money when you start trading on the exchange, rather than earning it.
Many people write that bitcoin is a good way to storage value. Only we all saw how Bitcoin behaved in March of the month, collapsing by 50% in 1 day.

No trading strategy will bring as much profit in the long run as a simple investment. But you have to choose your time to invest in bitcoin. After all, you could invest in Bitcoin in April and get a few x in a few months, or you can invest at a price of 12000 - 14000 and wait for years just to get to zero

 

[Diego]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

Yes, bitcoin is getting importance as the new money and new form of investment, because around the globe the usage of bitcoin on trading has increased in large difference compared to the past during this pandemic. During the pandemic there is more and more job layoffs and salary cut. This has made a big change in people's economic life, and people have begun to look for better earning possibilities. This has made people to move to bitcoin as a new investment

Instead of working too much, some people invested in bitcoin as a sideline.

Due to unemployment, bitcoin becomes a possible way to become sustain our needs in everyday lives. With patience and knowledge, bitcoin will surely be an effective asset to utilize in the market even if it is volatile. This cryptocurrency are having a large trading volume in the market at mid 2020 due to its partial increase in its price.

This new investment really becoming more popular due to an increasing number of bitcoin fan and unemployed citizen

 

[Giovanni]

I think it is one of the best holdable investments. I mainly transact with it though and don't do any long term holding.

 

[Stone]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

My answer for that is yes and no.

Yes since it could give us big profits compare to the other traditional investment and over the years the potential that our money will grow is so high since this is being well adopted over the years.

And no because we need to be more knowledgeable on this industry since even if it has high potential to earn but still the chances to lose is so high also due to volatility and other scams around that's why we need to know more thing on it to avoid such unnecessary losses and to assure that we are going on good investments only.

 

[Ahmir]

Bitcoin is one of the strong cryptocurrency and it is the most stable digital coin nowadays. Also, bitcoin is one of the promising investment in digital world. Since, peoples economy nowadays are unstable due to the pandimic situation in the world. Peoples are looking for new source of income to improve their economy. Do you think bitcoin is the best investment choice nowadays to earn money?

Do you seriously believe that Bitcoin is stable? Have you seen the charts? You're even contradicting yourself, because if something is stable, it's not a good investment because it doesn't grow.

And to answer your question whether Bitcoin is a good investment or not, Bitcoin is risky, it has always been and will be for a long time. Many investors don't like taking risks, they prefer calculating the most likely outcome and just make profit by being consistent over long periods of time. So, Bitcoin is not a universally good investment, it's a good investment if you can afford the risks and know how to trade on volatile markets.

 

[Cole]

Many people are giving Testimonies about Bitcoin exchange in the market which it has favour many people who invested on bitcoin. Even right now many countries are still talking about bitcoin profit compare to other cryptocurrencies, that bitcoin is now more popular in the areas of investment than others cryptocurrencies.
I guess bitcoin is not a new investment to some countries who really enjoyed the benefit of bitcoin investment and made it legalized in their country

 

[Ivan]

Yes. I believe that Bitcoin is a great form of investment nowadays. People are much into digital world now and we can see a lot of growing individuals are already into trading especially here in my country and other blockchain jobs. So I guess, this numerous people that are now spending their whole time in Bitcoin world across the globe, only shows that Bitcoin is a great investment that we could have. We just need to learned everything about it so we could get more profits beyond expectations

 

[Jesus]

Let me just put the status of Bitcoin as an investment in today's perspective.

The table below shows more than 20 institutions, including two prominent fund companies, that owned bitcoin via Grayscale's trust as of June 30.

	Institution	Assets Under Management (by firm)	Amount of GBTC ($000)
	------------------------------------------------------------------	------------------------------	------------------
	ARK Investment Management LLC	$4,476,259,838	20,226
	ARKW - ARK Next Generation Internet ETF	$4,476,259,838	17,136
	KINETICS PORTFOLIOS TRUST - Kinetics Internet	$5,348,552,762	15,284
	KINETICS PORTFOLIOS TRUST - Kinetics Paradigm	$5,348,552,762	13,995
	Arkadios Wealth Advisors	$626,987,454	9,071
	KINETICS PORTFOLIOS TRUST - Kinetics Market	$5,348,552,762	4,285
	Corriente Advisors, Llc	$263,431,194	4,201
	KINETICS PORTFOLIOS TRUST - Kinetics Small Cap	$5,348,552,762	2,187
	Addison Capital Co	$626,987,454	1,520
	IFP Advisors, Inc	$3,495,076,000	1,401
	KINETICS PORTFOLIOS TRUST - Kinetics Global	$5,348,552,762	1,114
	Slatestone Wealth, Llc	$1,040,861,617	509
	Fny Investment Advisers, Llc	$2,939,539,442	336
	Boston Private Wealth Llc	$13,315,703,119	249
	Rothschild Investment Corp /il	$1,440,528,814	235
	Bcj Capital Management, Llc	$263,431,194	138
	Formidable Asset Management, LLC	$467,678,888	123
	RFIIX - Rg Tactical Market Neutral Fund Institutional	$10,591,978	90
	RENN Fund, Inc. (managed by Kinetics)	$5,348,552,762	39
	Horrell Capital Management, Inc.	$323,093,655	29
	Heritage Wealth Advisors	$2,269,445,793	11
	Sterling Investment Advisors, Ltd.	$445,643,881	11
	Verus Capital Partners, Llc	$640,498,405	8
	Front Row Advisors Llc	$200,798,781	5
	Edge Wealth Management LLC	$933,616,108	4
	Nvwm, Llc	$282,598,645	2

Source: https://www.forbes.com/sites/michae...-investors-could-soon-disappear/#2ee682911de2