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Topic: 5 Reasons why I am buying Bitcoin!! - page 2. (Read 1211 times)

sr. member
Activity: 952
Merit: 251
November 06, 2019, 10:13:16 AM
At the moment, in my opinion, the correction of bitcoin has not yet been completed. More precisely, there are no clear signals about the end of the correction. But that can change at any time. But if you consider investment, you can buy now.

That’s right we are buying bitcoin because it is volatile by nature it has the ability to increase and decrease so we can buy some bitcoins at low price then hold them with Patience and wait for it to get profit. Buying bitcoin gives me certainty about profit and I feel safe being with bitcoin even if I am holding for years I know it will end up making huge profit for me, so bitcoin is the best coin to buy.
hero member
Activity: 1414
Merit: 505
Backed.Finance
November 06, 2019, 08:29:36 AM
always bitcoin decrease end of the year and start increase again by the beginning of the new year.

That was 2018. Have you forgotten the bull run from November 2017 to around January to February in 2018? Bitcoin moved from around $7K to the current all-time high of $20K. So don't be too quick to make conclusions. Contrary to popular belief, We're already on track for the next bull run (- Bitcoins halving event and an expected alt season). So I feel it'll be different this time. The market sentiment is already getting positive with each passing day. It has moved from fear in January to Greed and now back to Neutral. You can see the Crypto fear and greed index here


This is what I am always telling, and since we are nearing the halving from today is the right time to start accumulating. Personally I do accumulate slowly, I see to it I set aside a portion my funds for crypto, especially in bitcoin. Sometimes the crypto market is unpredictable, but since we are approaching the halving its best to be prepared.
sr. member
Activity: 980
Merit: 255
HALA MADRID
November 06, 2019, 08:20:28 AM
5 reasons why I love buying and investing in bitcoins :

1. Bitcoin was created to be free from the inflation of only 21 million Bitcoin
2. Bitcoin is still a promising investment trend today
3. Looking forward to the emergence of ETF (Exchange Traded-Fund) for Bitcoin
4. Bitcoin will be a very profitable investment
5. Already many countries legalize Bitcoin, most likely future Bitcoin will be the global currency

hero member
Activity: 1106
Merit: 502
November 06, 2019, 08:02:19 AM
Probably a smart bet to buy Bitcoin in the early months of next year, Bitcoin doesn't usually start increasing in value until just a few months before the block reward halving.

Buying it now means you might not get it at the very best price. Though, I doubt it matters since it should go up between now and then anyway.
Buying it for long term investment doesn't really matters since the price will eventually increase. Not because of the halving only but also with those
news that showing positive impression coming from more people and government. It will take some time and after buying you should forget everything
the up and down from the volatile market will keeps on bothering you if you will keep monitoring the value. Better to buy and relax after.

a bit disagree with your opinion which underlines, we will never know what will happen to bitcoin in the future, whether it remains high value or even has no value anymore.
because we can see that bitcoin is always a lot of issues that can make the prices go down very deep and vice versa. but 1st reason is very good about halving because when viewed from the previous halving, it always makes the prices rise higher.
legendary
Activity: 2982
Merit: 1028
November 06, 2019, 01:54:07 AM
Probably a smart bet to buy Bitcoin in the early months of next year, Bitcoin doesn't usually start increasing in value until just a few months before the block reward halving.

Buying it now means you might not get it at the very best price. Though, I doubt it matters since it should go up between now and then anyway.
Buying it for long term investment doesn't really matters since the price will eventually increase. Not because of the halving only but also with those
news that showing positive impression coming from more people and government. It will take some time and after buying you should forget everything
the up and down from the volatile market will keeps on bothering you if you will keep monitoring the value. Better to buy and relax after.
member
Activity: 434
Merit: 25
November 05, 2019, 11:32:28 PM
Bitcoin was the very first crypto to be created and it created a huge buzz among the masses. Due to its great popularity, Bitcoin is the ideal coin for speculation and investment. Additionally, I am able to trade on a 24/7 system where I can monitor the market at any moment. Because of the many bitcoin, i want to clarify - I'm talking about the real pure Bitcoin  Grin
hero member
Activity: 2100
Merit: 794
Top Crypto Casino
November 05, 2019, 12:07:29 PM
always bitcoin decrease end of the year and start increase again by the beginning of the new year.

That was 2018. Have you forgotten the bull run from November 2017 to around January to February in 2018? Bitcoin moved from around $7K to the current all time high of $20K. So don't be too quick to make conclusions. Contrary to popular belief, We're already on track for the next bull run (- Bitcoins halving event and an expected alt season). So I feel it'll be different this time. The market sentiment is already getting positive with each passing day. It has moved from fear in January to Greed and now back to Neutral. You can see the Crypto fear and greed index here


sr. member
Activity: 784
Merit: 251
https://raiser.network
November 05, 2019, 11:28:43 AM
One of the reasons is halving and we know that every year the bitcoins value are rising and since halving is near it would be much bigger uptrend we might see by next year. That's why the it jumps from 7k to 9k.

And best strategy is to accumulate more bitcoin and for sure we will get a big profit and what if the value of bitcoin will rise above the ATH.

Yes, indeed. everyone is waiting for halving and with this the trend of bitcoin is getting lifted because of this attracted news. everyone are hurry to make purchases. and this moment everyone will realize how this event will surely gaining. we can't expedite bitcoin's value increases, but we can prepare for it. the price goes up because there is something going on that everyone is looking forward to.
full member
Activity: 742
Merit: 121
November 05, 2019, 07:14:33 AM
At the moment, in my opinion, the correction of bitcoin has not yet been completed. More precisely, there are no clear signals about the end of the correction. But that can change at any time. But if you consider investment, you can buy now.
newbie
Activity: 19
Merit: 0
November 05, 2019, 06:34:53 AM
always bitcoin decrease end of the year and start increase again by the beginning of the new year.
hero member
Activity: 1358
Merit: 513
November 04, 2019, 08:19:02 AM
Probably a smart bet to buy Bitcoin in the early months of next year, Bitcoin doesn't usually start increasing in value until just a few months before the block reward halving.

Buying it now means you might not get it at the very best price. Though, I doubt it matters since it should go up between now and then anyway.
sr. member
Activity: 1512
Merit: 292
www.cd3d.app
November 04, 2019, 08:05:53 AM
Bitcoin is the key currency in the crypto market, which has been here since the beginning of cryptography. The price of the second half of the market, which consists of altcoins, depends on bitcoin. Bitcoin domination at the moment is almost 70%, which is very much, a similar indicator of domination was a very long time ago. On the other hand, this level of domination suggests that at the time when the dominance of Bitcoin begins to decline, the prices for altcoins will rise. Perhaps even we will see the season of altcoins. At least these reasons make me invest in bitcoin.
newbie
Activity: 19
Merit: 0
November 04, 2019, 05:38:36 AM
One more reason that we can use it in buying goods and service, and it`s so important for the coins or tokens to be usable in buying goods and services.
sr. member
Activity: 1050
Merit: 250
November 04, 2019, 05:03:11 AM
One of the reasons is halving and we know that every year the bitcoins value are rising and since halving is near it would be much bigger uptrend we might see by next year. That's why the it jumps from 7k to 9k.

And best strategy is to accumulate more bitcoin and for sure we will get a big profit and what if the value of bitcoin will rise above the ATH.
This is the most obvious reason for the rise in the value of Bitcoin, you correctly noticed. I also want to add that if the same bull run begins as in 2017 and Bitcoin rushes to new heights, then a lot of new investors will invest their money in cryptocurrencies. It may also happen that the SEC will approve the Bitcoin ETF, then the price of the first cryptocurrency will definitely go up.
two majors fundamental that waited by all investors and trader in bitcoin.if SEC approved it could be main trigger for bitcoin movement before halving happen.and before this released we could do day trading and take profits immediately to accumulate bitcoin amount .we have no more time to add our bitcoin amount,meanwhile halving  will happen in few months ago.besides trading we could earn bitcoin freely by joining airdrop or bounty campaign.it will help us to add our bitcoin.
sr. member
Activity: 994
Merit: 260
November 04, 2019, 03:06:56 AM
One of the reasons is halving and we know that every year the bitcoins value are rising and since halving is near it would be much bigger uptrend we might see by next year. That's why the it jumps from 7k to 9k.

And best strategy is to accumulate more bitcoin and for sure we will get a big profit and what if the value of bitcoin will rise above the ATH.
This is the most obvious reason for the rise in the value of Bitcoin, you correctly noticed. I also want to add that if the same bull run begins as in 2017 and Bitcoin rushes to new heights, then a lot of new investors will invest their money in cryptocurrencies. It may also happen that the SEC will approve the Bitcoin ETF, then the price of the first cryptocurrency will definitely go up.
sr. member
Activity: 1638
Merit: 278
November 04, 2019, 02:08:16 AM
Some of the reasons you have mentioned here are just completely out, just like the people you have mentioned that have mentioned about Bitcoin. Some of these people that have mentioned bitcoin are just criticizing it. President Trump made it clear that he doesn't like cryptocurrencies, hope you are aware of that? The only reason I agree with you on this is the bitcoin halving. I strongly believe that around the time of bitcoin halving something is going to happen. I know someone that predicted that there is likely to be bull run in 2020. So, if it's not in December, then we should be expecting it to happen in 2020 during the halving.

As for Facebook Libra, no one is talking about that any longer, seems like it's not going to work any longer. Facebook have been silent about it. The last news I read said they are not sure if they will go on with Libra.
hero member
Activity: 1820
Merit: 566
November 03, 2019, 04:44:14 PM
One of the reasons is halving and we know that every year the bitcoins value are rising and since halving is near it would be much bigger uptrend we might see by next year. That's why the it jumps from 7k to 9k.

And best strategy is to accumulate more bitcoin and for sure we will get a big profit and what if the value of bitcoin will rise above the ATH.
I disagree with you cause that the thought of people who only join the bitcoin sphere for short term profit. However, the reason why genuine bitcoin enthusiast buys or accumulate more bitcoin is because of its potentials, the surprise involve and soon the total 21 million coins will be mined.
sr. member
Activity: 1071
Merit: 253
November 03, 2019, 04:01:00 PM
Those 5 reasons that you said made sense but for me, there is only one reason for me to buy bitcoin and that is, it is the trend setter for the market. It means that bitcoin simply dictates the movement of the market and it is a good investment because it is like the index fund of the whole market and being the very first cryptocurrency, it has a huge advantage because people prefer to invest to those cryptocurrencies that have prove something and maturing.
I invest in Bitcoin for the sole reason that this is a coin I can make good profits from this market and Bitcoin has a very high investment value so this coin is always the first choice. If you've been in this market for a long time, you will have lots of good reasons to invest in this coin. In fact, Bitcoin has constant volatility and often drops prices, causing many other altcoins to suffer. I feel scared sometimes but I always have good faith in joining the crypto market.

Indeed, during my first timer or when I was newbie in Bitcoin, I am not buying it, I am just earning through it from the fruits of my work from signature campaigns, but now, no doubt at all , and I am holding some from my crypto earnings, and I am also buying when I do have spare money.

Don't be in doubt about buying bitcoin because the value is getting better for the future and the value of the profit is high, especially if you have a reserve fund that immediately invests in bitcoin before the price goes up,
For the results of the coins from the bounty campaign do not hold too long it will not make you more profitable.
Right now, bitcoin is easy to buy but in the beginning of 2020 not everyone would be able to purchase bitcoin. I am repeatedly saying that this market is favoring buyers not sellers and people shall understand this fact. Use all your savings that you can take out for buying at least some portion of bitcoin so that you do not stay among losers when bitcoin is pumping hard.
Bitcoin is showing some increase in values and this is giving rise to predictions that market in the coming 2 ,3 months is going to generate great profits. So the great players of bitcoin market or crypto market on the whole know the fact that bitcoin is going to pump hard once it sets on the track of increasing in values then it is not easy for buyers to grab bitcoin. Right now I will suggest buyers to full their wallets with bitcoin.  
full member
Activity: 403
Merit: 100
November 02, 2019, 10:42:37 PM
Currently the chart of BTCUSD on Coinbase is showing that bitcoin is still sideway in the $ 8980 - $ 9k4 range. there has not been a strong wave but it has now broken out of the downtrend. we really should try their luck now to await a new pump, could reach $ 10k8.
legendary
Activity: 2842
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
November 02, 2019, 03:46:09 PM
Today I have more confidence, for example, in ethereum and other coins, which look very promising and have every chance for further practical use in every person’s daily life.  But nevertheless, I almost every month invest a certain amount of money in Bitcoin, too, because most likely I am subject to the universal charm of Bitcoin, which nevertheless inspires me with Great Expectations and confidence in future prospects.  Although I really cannot explain my actions in any other way than hope.
Now that blockchain is getting more popular day by day, most especially by the big countries like china, Russia and the rest, I think this would be the best time to actually divert most of our funds into bitcoin, because this is still the coin that many of them would work with aside from their own created currency.

If you look at some of these self-created coins, which I would call centralized coin except Ethereum who claim to have a full blown decentralized technology even though they still have full control of it, the government may not want to promote those project that have a known acclaimed person, but for bitcoin who has an open source system that is not owned by anyone, but created freely for everyone, it will get a very big space in the heart of these people.
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