Are people still investing in bitcoins ?

[Sotherefore]

Bitcoins was invented many years ago and ever since its invention a lot of people are naturally attracted to bitcoins for many reasons, although bitcoins does not really have anything to offer but a lot of people believes in bitcoins as one of the most solid projects in the crypto space, some believe that because bitcoins has a huge market cap that there is little and no possibility of rugpulling.

A lot of people now choose to invest in bitcoins based on what they have research about , and most people who are investing in bitcoins are doing it for long-term purposes believing that in the future they can be able to sell it with high return on investment..

But looking at the price of bitcoins now does it really mean that it is possible for people to be rich with bitcoins ? Because to me I do not consider bitcoins to be the best form of investment although it is a solid project.

The reason why I do not like investing in bitcoins is because Bitcoin has reached its highest level and because of this there is more opportunities in altcoin than investing in this huge cryptocurrency.

Question: As an investor would you prefer to invest in bitcoins or in other potential cryptocurrency ?

 

[Jasz]

Bitcoin not only still exists, it's now worth more than ever.

The currency has been said to be "as good as gold," and the value of a single Bitcoin is rising, despite the previous dip.

So where does that leave you? Well, if you're a savvy investor, maybe you'll want to get in on this trend early before it blows up. But if you're like most people, you'll want to take a wait-and-see approach.

The risks are high with this kind of investment—the value could skyrocket or plummet at any time—so unless you are well-versed in investing and finances, it's probably best to hold off until the market stabilizes to avoid losing a lot of money (or even all your money).

 

[minenovo]

Bitcoin is more popular than ever these days, so I have no doubt that both people and various companies are investing more than ever.

 

[eldavis]

There is no doubt that Bitcoin still remains the most popular crypto coin out there, lots of investors and even new investors still choose to invest on Bitcoin alone like you said it could be as a result of what they have heard and researched about it before. If you really want to grow your crypto accounts, experts have said it would be best not to invest on Bitcoin, rather invest on altcoins.

 

[sincerem]

You shouldn't be asking this kind of question like this, you should ask; how many Bitcoin whales do we have at the moment by percentage? Because you wouldn't know their exact numbers since we aren't collecting datas of the real whales, some are simply anonymous, meaning we can't get to pick out their datas, but through their Bitcoin address that is commanding huge amount of Bitcoin, you'll simply calculate the percentage of BTC whales, it is find in Google, with a single click.

Bitcoin will always remain in-demand, it isn't going anywhere for sure, anyone doubting the future of Bitcoin simply don't want to invest in the popular crypto coin. Lots of well-known personalities bare simply backing BTC up, that's why it wouldn't be banned, it will last just as precious metals have lasted since their origin. You can simply invest around Bitcoin anytime and see your investment in the future, yielding something tremendous. Bitcoin is simply positioned for long term investment. In the year 2010, it was simply picked at 1.00 USD, but today we can see it's value which is around $46,000. Those who kept their coin after ten years are already millionaires today. If you can hold Bitcoin for 5-10 years consider yourself a millionaire too.