Post
Topic
Board Economics
Re: Look for what to invest, not what to eat
by
Ayers
on 16/07/2023, 15:32:22 UTC
Bitcoin is an investment asset that has been proven to be able to answer many people's doubts.

Basic needs are indeed the main choice for anyone, but not all of us are in the same category of people regarding financial capabilities.
It's not wrong to take the opportunity to set aside whatever remaining money to put in the Bitcoin investment basket but don't expect returns in a short time.
If you compare bitcoin to other assets, bitcoin is still very young, and its past price increases do not suggest that it will remain so in the future. That's why bitcoin is still considered a riskier asset than other assets, history can't prove and guarantee anything for the future.
In terms of risk, I admit that Bitcoin is a riskier asset compared to other assets. During its journey from when it first appeared until now, Bitcoin has been able to answer all the doubts of many people. It is in this context that I see Bitcoin as the best investment asset compared to other assets.

How would you determine bitcoin as the best asset? For me, bitcoin is just the most profitable investment, but high returns always come with high risks. We are all investing in bitcoin simply because we want high returns and want to get rich quickly, so we are willing to take risks to achieve our goals. So it would be a bit biased to say that bitcoin is the best investment asset while it has the highest risk.

There is nothing wrong with using excess money to invest in bitcoin, but it should be considered carefully once we have met our personal needs and already have some savings. An investment can't be more important than savings because no investment can guarantee a 100% return, even if it's bitcoin.
I think we really understand what is the first thing that should be prioritized in this life.
Investing is just another instrument to remember the future.
Crypto investment, Bitcoin is the solution. Investments outside of crypto can be gold, land and other assets.

Bitcoin is an investment solution for many who do not have too much capital to invest in other things but always want to become rich with that capital, myself included. I believe that if someone who has a lot of money and has become rich won't prioritize investing in bitcoin like we do, they won't put all their wealth into bitcoin like we do.