Bitcoin Long Term – Bitcoin vs Stocks | Time to invest in Bitcoin | Is Bitcoin an Investment

By now, many would have heard about bitcoin. Many people might have different perspective and views about bitcoin. For some, is bitcoin investment risk high? For others, is bitcoin opportunity fund now? With the search term bitcoin usd growing every day, how is bitcoin long term going to be? While for some, is bitcoin mining a good investment?

Here are some reasons why bitcoin is good. And is now a good time to buy bitcoin?

When is the best time to invest in bitcoin? Is now a good time to invest in bitcoin? Is bitcoin a smart investment?

The best time to invest in bitcoin is in the past. The second best time to buy is now.  So it is worth buying bitcoin if you are thinking in the future, for the long term.

Should you invest in bitcoin? Is bitcoin bad investment? Should you buy bitcoin? Is bitcoin worth investing?

Like venture capital investing, with high rewards come with high risks. The price may be volatile in the short term, but in the long term, the price will rise if there is more adoption.

So should you invest in bitcoin? The answer can be yes and no. Yes if you believe and understand the underlying technology and economics, that bitcoin will be adopted in the future. And No, if you are only planning to get rich quick. It’s because in the short term, the price might plunge 70% or more but it might also increase ten-fold or more in the future.

Does bitcoin have a stock?

No. Bitcoin is a currency and not a stock. Like all currencies, it may go up or down in value when it is traded with other currencies. If people perceive the US dollar (USD) to be stronger and therefore buy USD and sell bitcoin, the price of bitcoin will fall in relative to USD. Vice versa, if people view bitcoin as a better currency (higher demand) and buy more of it and sell USD to buy it, the price of bitcoin will increase in relative to USD.

Is bitcoin on the stock market? Bitcoin vs stock market

Depends on how you view it, there are many exchanges available online for you to trade bitcoin worldwide. So yes, it is on the stock market. It’s on the international stock market where globally everyone can trade 24 hours without limit.

Bitcoin bad investment?

Yes and no. Yes, if you do not understand the underlying technology and use. And No, if you really understand the potential of bitcoin or blockchain technology will have in the future. If you understand how money works, such as how money is transferred from one person to another, you will think of bitcoin differently.

Why you should invest in bitcoin

There are many use cases for bitcoin at the moment and even more in the future. Currently, you can use bitcoin to transfer money without borders. What does this mean? It means that you can send money to anyone anywhere in the world with low fees.

If you tried to send money overseas, you would have experienced paying very high fees and waiting many days for the funds to clear. With bitcoin, you can send funds instantly and with low fees.

And in the future, you can use bitcoin for micro transactions. What does this mean? It means that you can buy an article online or buy an image instantly using lightning network. And its use case in the future is endless.

Why invest in cryptocurrency? Should you invest in cryptocurrency?

No, if you do not understand it. And yes, you should only invest in the ones you know and understand. Most cryptocurrency or altcoins are fraud in nature. You lose money feeding the early creators. But it’s different for bitcoin and ethereum.

Is bitcoin a good idea? Is bitcoin good? Is investing in bitcoin smart? Is it smart to invest in bitcoin? Should I buy bitcoin now?

Yes. Why invest in bitcoin? Here are the reasons to invest in bitcoin. With bitcoin, you can

  • Send money to anyone online anywhere
  • Send money instantly, unlike wire transfer where you have to wait many days
  • Use for micro-payments in future with lightning network
  • Bring money cross-border, you do not have to worry being caught carrying large sum of money when going overseas (eg. money confiscated, paying heavy tax)
  • Keep money in your own bank account (eg. ledger – hardware wallet, paper wallet) instead of being held ransom by a bank corporation
  • Freedom to use your money the way you want, not as deemed what you can do or cannot do with your money if it is kept by a bank
  • Supply is limited, you cannot print more bitcoin as it has limited number of supply. Unlike fiat currency such as USD
  • Secure. It’s the most secure way to store money currently. And of course, do not store your money in an exchange or you risk losing your money in hacks. Store in hardware wallets

What currency to invest in?

Bitcoin.

What is the bitcoin stock exchange symbol?

BTC.

Any bitcoin investment advice?

While it is still at an early stage, you should buy bitcoin via the dollar cost averaging method. As the value is volatile, your strategy is to accumulate more bitcoin in the longer time frame and not to day trade.

For dollar cost averaging, you should set to buy for example USD 100 per month regularly. Therefore, if the price of bitcoin goes up, you buy lesser bitcoin with your USD. And if the price of bitcoin goes down, you buy more bitcoin with your USD. In the future, you would have accumulated more bitcoins.

That way, you will not be carried away with your emotions when the price drops in the short term.

How much bitcoin should I buy? How many bitcoins should I buy?

It varies from person to person. You should only buy with excess money that you have. Meaning, do not spend money that you need to buy for food and shelter today. You can view buying bitcoin like investing in the stock market.

You should never buy bitcoin on a margin or leverage. This is because if you do, you will lose money when the price of bitcoin falls and you will not be able to recover when the price increases after that.

So how much? Also depends on how much you understand the technology and its impact in the future. If you think it is going to change the way people use money in the future, buy more. If you think the future is bleak, sell.

Invest in bitcoin or ethereum?

Bitcoin and ethereum.

Is it safe to invest in bitcoin?

Yes. However, you should always keep your funds in a hardware wallet and not keep in an exchange. Exchanges get hacked every day. Why do exchanges get hacked? Because it is money! Bitcoin is currently a currency that is digital aka internet’s currency of money.

Malaysia – Prepaid Credit Card Malaysia | Mastercard

There is a new prepaid credit card in town. Why does it matter? There are many advantages if you are frequently using AirAsia booking for flights or travelling overseas or shopping online paying in foreign currencies.

Advantages of the new BigPay prepaid credit card include

  • Lowest exchange rate overseas and online
  • Without the need to pay extra charges or fees when booking AirAsia flights using credit card
  • Register by paying RM20 and get back RM30
  • Transfer money to friends using BigPay app
  • Withdraw money from ATMs in Malaysia and overseas
  • Reload prepaid debit card with credit card with no extra fees (no cash advance fees)
  • Get cashback from credit card companies when top up
  • Earn AirAsia Big points
  • No annual fee
  • Best used during airasia deals to get air asia promo ticket
  • Buying bitcoin with credit card – Best way to buy bitcoin

What does it mean by lowest exchange rate overseas?

For example currently, if you purchase something for 20 USD, (Current rate is 1 USD = RM4.00 according to Google) you would have to pay about RM84 (rate about 1 USD = RM4.20) if you are using your regular credit card.

But if you are using the new BigPay prepaid mastercard, you will be paying RM80 (1 USD = RM4.00). It’s approximately or lower than the rate you use google for conversion. What this means is that you will be saving a lot of money if you frequently transact in overseas such as US dollar.

Here’s an extra benefit if you do this. You get to earn double points. First, you earn points or cash rebate from your normal credit card you use to top up your BigPay debit card. Then, you earn extra Big AirAsia points for top up and spending.

Skip the extra charges AirAsia’s so called processing fees for regular credit or debit cards. Airasia booking online without fees.

If you book flights regularly with AirAsia during the air asia promo fever, you will know that you have to pay a lot of fees if you pay by your regular credit or debit card. You are also charged if you use your bank account transfer, albeit lower fees compared to credit cards using airasia flight booking.

You basically pay no fees if you use the new BigPay card for air asia booking ticket. It’s the best mastercard prepaid card available at the moment in Malaysia for booking the lowest air asia ticket price.

If you are looking for prepaid cards with no fees for airasia cheap flight, look no further. You can use the card during airasia flight booking offers to get even a lower price. It’s the only airasia credit card currently available.

How can I buy bitcoin? Buying bitcoin with credit card or buying bitcoin with debit card by BigPay

There is even a better way to buy bitcoin using your credit card or buy bitcoin instantly with debit card.

If you want to buy bitcoin instantly without the excess charges such as cash advance fees, using BigPay is an ideal way. Moreover, you will get a better currency conversion rate than using your regular credit card. Credit card to bitcoin instantly.

First, you will need to reload your BigPay card with your regular credit card. Then, by using Lykke, you can buy bitcoin with your credit card. There are also other sites that you can use to buy bitcoin online such as CEX.IO and Coinmama.

The reason why you do not want to use your regular credit card to buy directly is because some banks charge cash advance fees if you use your credit card to buy bitcoin. It’s not worth it to pay excess fees, which can be up to 10% of the total amount and you have to pay daily interests. It’s one of the highest interest rate that you have to pay!

Moreover, you will get the best currency rate available and still get AirAsia big points. It’s time to buy bitcoin with credit card instantly. With BigPay, you will be able to buy bitcoin with debit card instantly.

If you frequently buy using Lykke, you can buy bitcoin with credit card no verification needed for your card. It’s time to buy btc with debit card to receive instant bitcoin (buy bitcoin with mastercard by BigPay).

With this method, you do not need to buy bitcion with bank account anymore. It’s the easiest way to buy bitcoin and buy bitcoin online instantly. You can also buy litecoin with credit card or buy cryptocurrency of your choice (eg. buy ethereum) with this method using the exchange listed.

Register by paying RM20 and get back RM30 BigPay prepaid credit card online

BigPay requires you to pay RM20 to get the card and in return, you will get back RM20 in your account. So it’s basically free to own the card.

However, if you sign up with a referral code, you will get an extra RM10 in your account. So for paying RM20, you will get back RM30.

Tip : use referral code 6HEQVOU3II

Transfer money to friends using BigPay app

You can transfer money for free if your friends are using the BigPay app. It’s easy to download and use.

It’s available for android and ios users. It’s the only prepaid debit cards with no fees. It’s easily the most useful reloadable debit card.

Withdraw money from ATMs in Malaysia and overseas

You will be charged RM6 per withdrawal in Malaysia or RM10 per withdrawal overseas.

Here is a tip for you if you are really strapped for money and need to get a cash advance from your regular credit card but do not want to pay the high fees. You can reload your BigPay card with your credit card and withdraw the money from any ATM. However, you should not do it unless you are really desperate for money as some accounts have been suspended for suspected abuse or money laundering.

How to get a prepaid card? Steps to register for the prepaid debit cards with no monthly fees

First, you will need to download the app from AppStore if you are using iOS or Google Play for android users.

After you have downloaded and installed into your phone, you will need to redeem the referral code to get the extra RM10 (total RM30) in your account.

Use referral code : 6HEQVOU3II

Registering for the new prepaid debit card will not take you more than 5 minutes. You will have to top up RM20 in order for your card to be shipped to you.

After you have registered, you will need to wait for about 3-5 days for your card to arrive at your address.

Once you have received your card, you can activate the card using your BigPay app instantly. It works like an international prepaid credit card and you can use it in any country that accepts mastercard.