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    Author Topic: Has Bitcoin Helped Create Big Changes In Your Life?  (Read 1074 times)
    BALIK
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    August 30, 2023, 03:16:37 AM
     #161

    If you have done it then you will get the answer by itself however, if you haven't done it it might be a bit difficult to feel it. it's all about taste and I'm starting to taste it myself. Yes, nowadays many investors are coming in and are interested in investing in BTC because it is one of the safest investments due to its scarcity, unlike fiat currencies, such as dollars, which central banks can print at will. Yes. BTC has uses and values, the last one Bitcoin is very difficult to counterfeit of course.
    I personally probably can't say that Bitcoin is the safest investment. But I personally believe that Bitcoin is a potential investment to get into. For example, now more large companies are also investing in Bitcoin. In fact, several giant companies that had badmouthed Bitcoin a few years ago turned out that this year they were also one of the companies that submitted a Bitcoin ETF.

    And yes, changes in life through bitcoin can happen if we enter and feel it ourselves. But this is not a get-rich-quick scheme. This is just a pretty promising future investment. But still high risk of course.

    I also object when someone says that bitcoin is the safest investment, because no investment is safe and can yield high returns, the higher the return, the higher the risk. To be fair, bitcoin is the most potential investment but also has the highest risk.

    Bitcoin investments need to be held for years to yield good returns but saying it is not a get-rich-quick scheme is not entirely true. We don't choose gold or other investments and choose bitcoin because we want high returns and want to get rich quick. After all, profits from bitcoin are still generated faster than other investments, we should not deny that fact.

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