Quote from: Pi-network314159 on Today at 05:48:24 AM

Quote from: JayJuanGee on October 08, 2024, 03:15:12 PM

Quote from: DubemIfedigbo001 on October 08, 2024, 11:33:34 AM

Quote from: Just Say on October 07, 2024, 03:17:50 PM

[edited out]

Bitcoin investment might arguably not be the best investment in the world, but it is surely a good one, and its accumulation is held greatly in preference to some concerns which is mostly shitcoins investment, trading, government interference and hoarding fiat.

I am having trouble understanding which investments might be better than bitcoin, especially if we are talking longer term, such as 4-10 years or longer.

I have done some research in regards to this explanation, but I still find it difficult to understand or know the exact investment that is more profitable than bitcoin.
1) investing on stock or purchasing shears from bank does not give the profit that bitcoin gives in a year or 4 year timeframe.
2) staking coin to earn APY in a year will end up given %3 or 3.2 Roi in a year which can only be a profit made in 24hours of bitcoin movement
3) investment on bond and Mutua fund. this category are the set of people or union which contributes money and loan to an organisation withing a specific period, the profit amount in return will be ahead among the cooperative society. the interest will be shared according to the amount each an everyone has invested, which can't even match the profit bitcoin will hive.
4) real estate and exchange-traded fund (ETF) doesn't give the profit bitcoin can give.

Quote from: JayJuanGee on October 08, 2024, 03:15:12 PM

Quote from: DubemIfedigbo001 on October 08, 2024, 11:33:34 AM

Other people might have their conviction in investing in real Estates or even Agriculture which is still profitable too.

Some people might need to invest into something to help them to generate an income, so sometimes business men might need to roll over profits from their business into keeping building and expanding the business, which might be the best for their own situation in terms of being able to earn an income, since something like bitcoin requires a disposable income otherwise the advantages of investing 4-10 years or more could not be realized.

one thing for sure is that people might have different type of investment approach apart from bitcoin and Its not questionable. but the fact that it can be compeard to bitcoin is the fact I cant accept. you can not compare the profit of a farmer or a person that invested on real estate with $10 around 2009 and a bitcoin investor who invested $10 in late 2009 till date that iswhen bitcoin was $0.00099 each according to research. let's say if 1 bitcoin= 0.00099 ×10000= 9.9. that is to say $10 worth of bitcoin in 2008 was 10000 bitcoin. today 10k BTC= $630millon if bitcoin is currently $63k. now tell me which kind of investment is more profitable. so bitcoin still remain the best when patient is involved in a longer period of time.

Bro in my own opinion here, I think that most investors will disagree with what you are actually saying here, I believe that it all boils down to how knowledgeable you are as a farmers or as a real estate investor, even in Bitcoin investment, not everyone knows how to get the best possible result in their Bitcoin investment, some Bitcoin investor tends to sell at every price increments without knowing that they can't achieve something big with that kind of approach, they don't know that in Bitcoin investment, the longer you hold the more possibilities of achieving something big out of it.

But a large scale farmer that really knows the business and how to get the best possible result out of it will definitely achieve something great every end of the planting season, so in essence of what am trying to say is that bro, when it comes to investing in agriculture, what you can achieve in a short period of time can actually blow your mind if you know how the business is being run, just that investment in Bitcoin is less stressful and less expensive to carry out, compared to large scale farming.