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Today many experts claim that Bitcoin is the best cryptocurrency for investment, but this is totally false, I am not an expert in cryptocurrency investments but there are currently many other cryptocurrencies that have a very juicy profitability over the years guys, let's take as an example the cryptocurrency ShibaInu (SHIB) in just one year rose its price to an incalculable value, as this cryptocurrency we can find many more cryptocurrencies with very good profitability.
From my personal opinion Bitcoin is not the best investment option guys, because we simply have many other cryptos, we even have cryptocurrency trading that from my point of view we can make 2% a day very easy guys, if we can make this profitability we can be financially free in very few years thanks to compound interest, maybe for you 2% a day in cryptocurrencies is not much money, but I must mention that it is something incredible in the very long term.
Simply today we have many other alternatives, I think the Bitcoin (BTC) can be used for other types of investment, for example the “Staking”, invest it in smart trading, from my personal opinion, with only 1% daily return with the Bitcoin (BTC) I would be very happy, because I do not like investments with much profitability, we also have very good cryptocurrency funding accounts if we are good at this guys.
I must mention that investments that offer a very high profitability in a very short time always end up being scams guys, I really do not like this type of investments, I like to undertake good business and save for retirement, with a minimum of 25 years guys and with a profitability of 25% monthly in commerce or any other type of investment this can be very good for our retirement.
Disclaimer: What is described in this article is for entertainment and educational purposes only, under no circumstances invest money that you are not willing to lose, I am not a financial advisor and therefore I am not responsible for any losses incurred, it is up to you to invest your money or not.
The bitcoin from my point of view can be very attractive to do trading, nowadays there are many trading signals services that are very good, especially those trading signals that are paid, I have been trading some assets for some considerable time. I would like to share with you some kind of very good strategy for trading, it is with trading signals, next I will try to explain the strategy, it is somewhat complex, but come on, let’s try to explain.
Let’s assume that the trading signals have a hit rate of 85% guys, but if we modify the signals a little bit we can get them to be perfect, for example, they send us some signals for the Bitcoin almost perfect and they say to buy at 20,000 US dollars that in 4 hours it will be at 21,000 US dollars, but if we sell at 20,200 US dollars we have a good chance of this happening, we have to make sure that the signals are very good, if this is so we can modify the signals a little bit and have a little more certainty.
From my point of view the Bitcoin (BTC) is not the best asset to invest if we talk about cryptocurrency investments, it is just my point of view, much less to hold. Why? Simply the Bitcoin (BTC) has a lot of competition, this means that we can find a cryptocurrency with more utility or with more market capitalization guys.
Important note: This article is made to educate and entertain the readers, it is not designed to plagiarize, all the images below are for free use and with commercial license, in such case I have the rights to trade with these images, I know very well my work as a writer, if someone disagrees, please notify me.
From the desk of Carlos Mendoza, all rights reserved.