Is Bitcoin a great investment idea today?

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2 years ago

I want to start this article mentioning that the Bitcoin is a good investment idea, but currently it is not the best guys, why simply the Bitcoin has a lot of competition with other cryptocurrencies that can be more profitable in the short term, if we have this clear we can understand why I am saying this, I want to put as an example the cryptocurrency SHIBA INU, it is a cryptocurrency that has risen a lot its value in a short time, just as I would like to mention BitPro, a cryptocurrency that can be more juicy when we talk about Bitcoin trading guys, it is something totally cool.

Why is Bitcoin not the best investment option?

From my personal point of view Bitcoin is not the best investment option, because we simply can't get big returns in a short time compared to other cryptocurrencies and that's something we have to take into account if we want to invest in the short term guys.

I should mention that from my point of view the best investment with Bitcoin is cryptocurrency mining, why we can simply increase our APR a lot if we want to do so guys.

Many of us know about compound interest and this is something simply great guys. With compound interest and Bitcoin mining we can get to have a lot of mining machines and that way we will have more passive income, folks.

Conclusion

To finish this article I would like to mention that currently Bitcoin has a lot of competition and for this reason it is not the best investment option, guys, nowadays we can find very good other investment options such as DeFi based liquidity pools.

We can also find other very profitable cryptocurrency trading tools, I am not very expert in investments, I just want to mention and comment my point of view guys.

But if it is true that when the Bitcoin was very low, when it was just starting it was a good investment option, but many people didn't know that, always when I talk about investments I like to talk long term and that many of my readers know that.

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