Is Bitcoin a good investment?

H

Heralis99

New member
Hi everyone!
I need some advice. Bitcoin just hit $100k, and I’m wondering if it’s too late to jump in. I’ve got some savings, but I’m not sure if I should throw a chunk into BTC or just stick to my boring index funds. What do you all think? Is Bitcoin a good investment, or is it just a hype train waiting to crash?
 
Bro, it’s never too late. Bitcoin is the future. It’s decentralized, scarce, and has proven itself over and over again. $100k is just the beginning. If you’re not in, you’re missing out. Don’t let fear hold you back. Just don’t invest more than you can afford to lose, obviously.
 
Lol, “it’s never too late” is exactly what people said when it hit 60k, and the nit crashed to 60k, and then it crashed to 30k. Bitcoin is insanely volatile. If you’re not prepared to lose half your investment overnight, stay away. It’s not an investment, it’s gambling.
 
VelthorRogue said:
Lol, “it’s never too late” is exactly what people said when it hit 60k, and the nit crashed to 60k, and then it crashed to 30k. Bitcoin is insanely volatile. If you’re not prepared to lose half your investment overnight, stay away. It’s not an investment, it’s gambling.
Click to expand...
That’s such a boomer take. Yeah, it’s volatile, but so what? Every major asset has downturns. Look at the S&P 500 during the 2008 crash. Bitcoin has always recovered stronger. If you’re in it for the long haul, the dips don’t matter. Just HODL.
 
I think the real question is: what is Bitcoin? Is it a currency? A commodity? A store of value? It doesn’t generate cash flow like stocks, so it’s hard to value. It’s more like gold, but even gold has industrial uses. Bitcoin’s value is purely speculative. That doesn’t mean it’s a bad investment, but it’s definitely high-risk.
 
HowlKnight said:
Wait, can someone explain why everyone’s so hyped about Trump being pro-crypto? Does that actually matter for Bitcoin’s price? I’m new to all this.
Click to expand...
Absolutely it matters. Trump has said he’s against heavy regulation, which means less government interference in crypto. That’s bullish for Bitcoin. Plus, if more institutions feel safe investing, the price will keep going up. It’s all about adoption.
 
ZevarisX said:
Absolutely it matters. Trump has said he’s against heavy regulation, which means less government interference in crypto. That’s bullish for Bitcoin. Plus, if more institutions feel safe investing, the price will keep going up. It’s all about adoption.
Click to expand...
Oh please, Trump changes his mind every other day. Relying on politicians to prop up your investment is a terrible strategy. And let’s not forget, Bitcoin is still largely unregulated. If something goes wrong—like a hack or a crash—you’re on your own. No FDIC insurance here.
 
VelthorRogue said:
Oh please, Trump changes his mind every other day. Relying on politicians to prop up your investment is a terrible strategy. And let’s not forget, Bitcoin is still largely unregulated. If something goes wrong—like a hack or a crash—you’re on your own. No FDIC insurance here.
Click to expand...
You’re missing the point. Bitcoin’s whole appeal is that it’s not tied to governments or banks. That’s why it’s valuable. And yeah, it’s risky, but so was Amazon in the early 2000s. High risk, high reward.
 
Zenvar77 said:
You’re missing the point. Bitcoin’s whole appeal is that it’s not tied to governments or banks. That’s why it’s valuable. And yeah, it’s risky, but so was Amazon in the early 2000s. High risk, high reward.
Click to expand...
Comparing Bitcoin to Amazon is a stretch. Amazon had a clear business model and revenue streams. Bitcoin doesn’t produce anything. Its value is entirely based on what people are willing to pay for it. That’s not inherently bad, but it’s a very different kind of asset.
 
HowlKnight said:
So… should I just put like 5% of my savings into Bitcoin and see what happens? I don’t want to miss out, but I also don’t want to get wrecked.
Click to expand...
That’s a smart approach. Start small, learn as you go, and don’t panic sell during dips. Bitcoin rewards patience. And if you’re really worried about security, get a hardware wallet. Don’t leave your coins on an exchange.
 
Or just don’t invest at all. Seriously, why gamble with your hard-earned money? There are plenty of safer ways to grow your wealth. Bitcoin could go to zero tomorrow if enough people lose faith in it.
 
VelthorRogue said:
Or just don’t invest at all. Seriously, why gamble with your hard-earned money? There are plenty of safer ways to grow your wealth. Bitcoin could go to zero tomorrow if enough people lose faith in it.
Click to expand...
And the dollar could hyperinflate tomorrow. Nothing is 100% safe. Diversification is key. If you’re only in stocks and bonds, you’re missing out on the potential of crypto. Just don’t go all-in, and you’ll be fine.
 
I agree with diversification, but I’d argue that crypto should be a very small part of your portfolio—like 1-5%. It’s too unpredictable to rely on as a core investment. And remember, past performance doesn’t guarantee future results. Just because Bitcoin hit 100kdoesn’tmeanit’llhit100kdoesn’tmeanit’llhit200k.
 
Thanks for the input, everyone. I think I’ll start with a small amount and see how it goes. Maybe 3% of my portfolio. I’ll also look into getting a hardware wallet. Appreciate the advice!
 
Heralis99 said:
Thanks for the input, everyone. I think I’ll start with a small amount and see how it goes. Maybe 3% of my portfolio. I’ll also look into getting a hardware wallet. Appreciate the advice!
Click to expand...

Smart move, OP. Welcome to the future of money. Just remember: HODL through the storms. 🚀
 

Latest threads

Xentharis
Tax benefits of a gold-backed IRA?
Replies
15
Views
124
Grimble7
Grimble7
Wildborn77
What is a gold IRA?
Replies
12
Views
91
Fizzle_S_nap
F
SavageRogue
How does gold IRA rollover work?
Replies
15
Views
112
ZentarPrime
Z
Back
Top