Well, since everybody has seen how the price can fluctuate , majority of them now think it's a means for them to make quick money. Some don't have any patience at all, and just wants to live in the moment. Everything goes down to choice, if you think it's something of value that you can hold for a long time, then you do that. For those who feel they should quickly take whatever little profit they have seen, it's totally up to them.
In other words, the decision is always up to them. We can only have an opportunity to suggest them and we should always respect whatever their decisions. Most importantly we are not to blame for any circumstances he experience in Bitcoin. My suggestion is to invest as soon as possible because the price of Bitcoin is very low. We have to bear in mind that you can't buy Bitcoin anytime you want because the risk depends on it's price. If the price reaches $50k then for me it's a little bit riskier since I believe that those who bought $20k or $30k are going to sell their coins especially those weak hands. 
Topic: Bitcoin as good store for value - page 3. (Read 912 times)
Well, since everybody has seen how the price can fluctuate , majority of them now think it's a means for them to make quick money. Some don't have any patience at all, and just wants to live in the moment. Everything goes down to choice, if you think it's something of value that you can hold for a long time, then you do that. For those who feel they should quickly take whatever little profit they have seen, it's totally up to them.
Bitcoin is a store of value, it can converted from one currency to another without losing any value. Their are other physical form in which people can consider to be a better way to store their assets, but getting it done it can take expenses that will make the asset lose value. The potential to make good gain out of an asset without losing its initial value proves the worth of the asset and this is exactly what bitcoin is as a good store of value .
Those who invest in Bitcoin always believe in the increasingly strong growth of Bitcoin, they hope that the allocated money stored in Bitcoin can provide financial growth in the future. The convenience and other advantages possessed by Bitcoin allow Investors to be more comfortable saving money in the form of Bitcoin. If it is called a store of value, it may be less effective because of the constant fluctuations, 1 Bitcoin will still be 1 Bitcoin, while the price will continue to change depending on the value traded on a given day. Bitcoin is not a stablecoin coin whose value is always stable, you will get a big profit if the value increases in the future.
Well, that was a sort of assumption but can be possible which is why many people become interested in this. Unfortunately, they'll never that storing Bitcoin is too risky whether their wallet gets hacked and lose everything, or it is possible that many years from now the price of Bitcoin will be back to $1000.
This is one reason why I'd stop people from calling it a store of value because we never know exactly what will happen next.
I definitely agree with this. Bitcoin has a resistance to inflation and political instability. It will not be affected during economic crises or periods of hyperinflation. Additionally, it has a limited supply, which means it's likely to retain its value over time.
Bitcoin by its design, is inflationary and it will need many years to become deflationary. Bitcoin only will become deflationary after 2140 when all 21 million bitcoins in total supply will be available. After that, we can officially say Bitcoin already starts a second part of its lifespan, first part is inflationary and second one is deflationary. The difference will be before and after 2140.[CHART] Bitcoin Inflation vs. Time
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Those who invest in Bitcoin always believe in the increasingly strong growth of Bitcoin, they hope that the allocated money stored in Bitcoin can provide financial growth in the future. The convenience and other advantages possessed by Bitcoin allow Investors to be more comfortable saving money in the form of Bitcoin. If it is called a store of value, it may be less effective because of the constant fluctuations, 1 Bitcoin will still be 1 Bitcoin, while the price will continue to change depending on the value traded on a given day. Bitcoin is not a stablecoin coin whose value is always stable, you will get a big profit if the value increases in the future.
There will always be risks involved, such as market volatility and regulatory uncertainty. Personally, I think Bitcoin is a smart choice for those looking to diversify their portfolio and protect their wealth, which should also be done with timely and proper monitoring.
Bitcoin is a store of value, it can converted from one currency to another without losing any value. Their are other physical form in which people can consider to be a better way to store their assets, but getting it done it can take expenses that will make the asset lose value. The potential to make good gain out of an asset without losing its initial value proves the worth of the asset and this is exactly what bitcoin is as a good store of value .
Those who invest in Bitcoin always believe in the increasingly strong growth of Bitcoin, they hope that the allocated money stored in Bitcoin can provide financial growth in the future. The convenience and other advantages possessed by Bitcoin allow Investors to be more comfortable saving money in the form of Bitcoin. If it is called a store of value, it may be less effective because of the constant fluctuations, 1 Bitcoin will still be 1 Bitcoin, while the price will continue to change depending on the value traded on a given day. Bitcoin is not a stablecoin coin whose value is always stable, you will get a big profit if the value increases in the future.
Bitcoin is a store of value, it can converted from one currency to another without losing any value. Their are other physical form in which people can consider to be a better way to store their assets, but getting it done it can take expenses that will make the asset lose value. The potential to make good gain out of an asset without losing its initial value proves the worth of the asset and this is exactly what bitcoin is as a good store of value .
One of those ways is investing through Real estate but you have to spend money on renovation of the house you bought or invest money in building on the land you bought for renting or selling. Bitcoin doesn't need any maintenance that's why it's a perfect store of value, bitcoin has retain the money invested in it by early investors and made them more money then they can imagine to have made and there's more profits to be made in years to come.
Because of the future profits that we can get from investing in Bitcoin and the store of value ability that's why it's recommended to own Bitcoin. Bitcoin can be used as a currency, as an asset for holding value of our money or as an investment for making us more profits.
A lot of people only think of how they can make money from bitcoin to become rich and this is all they can think about bitcoin. Bitcoin can be as a store of value for all assets, making every properties to remain valuable. Bitcoin is a digital property that can be bought without any other expenses attached to it unlike some physical properties expecially Real Estate that has other much expenses that is needed to be spent first before getting the main property, if one should consider to convert this property into another form it will take more expenses for it to get done.
Comparing bitcoin to other assets is not ideal, people only think of how they can make money out of bitcoin because of bitcoin’s volatility. Bitcoin investment is the best cryptocurrency investment which also has edge over a lot of other investments but OP you need to understand something, Real estate investment is not as valuable as bitcoin and may have other expenses attached to it during it’s purchase but once successfully purchased it is very difficult for it to depreciate in value except in some unforeseen circumstances, it may take time to make good profit but with time there is always an increase in value. But not the same case with bitcoin instead bitcoins volatile nature make it value move in both directions, sometimes we experience an increase in value and sometimes it’s value depreciates but for bitcoin prices may increase or decrease rapidly within a short period which can see people make huge gains in a short period of time.
Bitcoin is a store of value, it can converted from one currency to another without losing any value. Their are other physical form in which people can consider to be a better way to store their assets, but getting it done it can take expenses that will make the asset lose value. The potential to make good gain out of an asset without losing its initial value proves the worth of the asset and this is exactly what bitcoin is as a good store of value .
True, bitcoin actually stands out from all other kind of assets and is one of the best investment if not the best. It’s the best way to store value and make gains after some time but not everyone is aware of it yet that's why some prefer real estate investment over Bitcoin investment.
Now a days the exchanges have made it easier for us to convert Bitcoin to any other currency with much expenses, but still with those exchanges we are loosing the decentralized nature of the Bitcoin with which it was made. But, if we ignore the fact of decentralization then it's a child's play to convert Bitcoin to any other crypto currency or even fiat without much fees or charges.
In term of sale bitcoin is very easy to sell and exchanges have really made it easy for bitcoin trade, there are people readily available to purchase bitcoin with few charges attached to it and unlike bitcoin, the sale of real estate and other valuable assets proves more difficult to be processed and comes with more charges and sometimes locating a buyer is even more challenging.
Bitcoin can't be categorise as good store of value because of its highly volatile in nature, I don't agree to OP by saying Bitcoin is a better store of value. But one can still choose Bitcoin to be a store of value only if the person is strong enough and have patience to make use of the assets only when the price of bitcoin have increased in value, but concluding bitcoin to be a good store of value to everyone is not true. But people can choose to make it a store of value if only they can be able to hodl it till when the market is very value in price. But I don't accept bitcoin to be a good store of value generally.
True because bitcoin is not a stable currency so we also remember about its risk, there are lots of other ways to save money but people prefer bitcoin because of its huge return but they forget about the main thing that as it gives huge return so because of it you can also face huge loss.
As these days the price of bitcoin is reduces to 26k$ so those who use their money in it will be in fear of losing it because lots of people are talking about its further reduction as the negative news are spreading day by day.
I think one should prefer that store of value which possess little risk because everyone does not have the ability to work in every situation.
In my own opinion, I can say Bitcoin is a great store of value if volatility is not a thing. But the problem is that BTC is subject to high volatility and it can go up or down in price without warning.
From what the OP has discussed and some of the replies from users here, I agree with the assumption that Bitcoin can be a valuable asset and can store our wealth. But I don't agree if I say to store most of our assets in Bitcoin. Bitcoin is a real asset that has value but there are several things that must be considered, namely the fact that BTC is a digital asset that has high volatility. Maybe unlike altcoins which can be worth 0, BTC is nearly impossible to have 0, but it is still possible to drop from $30k to $20k or even $10k.
So it is better to diversify your assets either into BTC or your other assets. Don't remove the property from your scope. Because investing in assets such as property also has several advantages, such as having a selling price that will continue to rise, also for your housing options if you want it.
Whether or whether Bitcoin is a suitable store of wealth relies on a number of variables, such as your investing objectives, level of risk tolerance, and comprehension of its properties.
It's crucial to remember that market emotion, news, macroeconomic conditions, and other things can affect Bitcoin's value. Before evaluating if Bitcoin fits with your investing objectives, you should conduct extensive study, take your risk tolerance into account, and even seek guidance from financial experts.
Additionally, rather than focusing all of your capital in Bitcoin or any other single investment, think about diversification to disperse risk across a variety of asset classes.
It's crucial to remember that market emotion, news, macroeconomic conditions, and other things can affect Bitcoin's value. Before evaluating if Bitcoin fits with your investing objectives, you should conduct extensive study, take your risk tolerance into account, and even seek guidance from financial experts.
Additionally, rather than focusing all of your capital in Bitcoin or any other single investment, think about diversification to disperse risk across a variety of asset classes.
A lot of people only think of how they can make money from bitcoin to become rich and this is all they can think about bitcoin. Bitcoin can be as a store of value for all assets, making every properties to remain valuable. Bitcoin is a digital property that can be bought without any other expenses attached to it unlike some physical properties expecially Real Estate that has other much expenses that is needed to be spent first before getting the main property, if one should consider to convert this property into another form it will take more expenses for it to get done.
Bitcoin is a store of value, it can converted from one currency to another without losing any value. Their are other physical form in which people can consider to be a better way to store their assets, but getting it done it can take expenses that will make the asset lose value. The potential to make good gain out of an asset without losing its initial value proves the worth of the asset and this is exactly what bitcoin is as a good store of value .
Bitcoin is a store of value, it can converted from one currency to another without losing any value. Their are other physical form in which people can consider to be a better way to store their assets, but getting it done it can take expenses that will make the asset lose value. The potential to make good gain out of an asset without losing its initial value proves the worth of the asset and this is exactly what bitcoin is as a good store of value .
In my own opinion, I can say Bitcoin is a great store of value if volatility is not a thing. But the problem is that BTC is subject to high volatility and it can go up or down in price without warning.
I appreciated Bitcoin not because of the price alone, but it is decentralized, borderless transactions, transparent and has no maintaining balance. Plus, there’s no specific qualifications needed to start buying Bitcoin. It can be used for utility only if it’s under the lightning network and not the standard one.
This is truly open to all regardless of your financial status.
Already 93% Bitcoin mining has been completed. Left only 7% So i think Bitcoin price will up in future. So now time for buy and hold bitcoin. I think if anyone invest and hold bitcoin he will be profited. Bitcoin holding will be profitable there has no doubt. If anyone want to free from economic crisis he can store Bitcoin. In near future Bitcoin price will up i think. My thinking within 2025 Bitcoin price will go New ATH and will hit $100. So now who will invest on bitcoin and hold that will will be huge profited.
But that 7% will take another tens of years before the final mining so I believe the growth of price of bitcoin is what we are having now and just added when the last drops taken.and yes Holding is still what we need to do, like what most of us fails to act in the past bullrun . hoping that each of us will partake to the profit we can gain this next halving season.
Bitcoin is the best assets one needs to have, especially for a long period term investment, and you have said it all comparing Bitcoin and Real estate investment, the both are good, but real estate business is more expensive, because of government documentation attached towards it for owner verification. But Bitcoin is less free and can be convert from one currency to another without much fee being paid and Bitcoin investment has rest of mind at any given time.
I want to talk about one of the best decisions I have ever heard about bitcoin. It was my close friend who told me that he has one bitcoin, which he will save for posterity or for dark hard times, if such come. That is, regardless of how much he bought this bitcoin for and what its value will be - a friend will keep this bitcoin and will not sell it unless it is absolutely necessary
Ingenious solution - I really liked it
Ingenious solution - I really liked it
Those who only want to make money from Bitcoin consider Bitcoin only as an investment platform. Bitcoin is not only an investment platform Bitcoin has many features that attract people to use Bitcoin. We consider Bitcoin as an investment platform, and we use this Bitcoin as our storage medium, and many people prefer to convert their total assets to Bitcoin, which means that no matter how you think, everything is possible through Bitcoin. At the moment, many companies are facilitating transactions through Bitcoin, as a result of which people are currently using Bitcoin as an alternative means of payment. Its often low fees in Bitcoin transactions make it much more attractive for users to transact. Considering these aspects Bitcoin seems to me to be the best digital currency.
People tend to see Bitcoin exclusively as an investment opportunity because that is their main need on the currently moment they are facing on their personal lives. They seek for profitable investments' opportunities, and since they lack those opportunities inside the centralized system they live, Bitcoin becomes the favorite alternative on the decentralized universe. And there is nothing wrong with that. Sometimes I see critics regards those investors, claiming they should use BTC as currency, and not only as a long term investment, somehow labelling them as greedy people because of that. But I think each person knows about their own necessities, which will be different for everyone. So, the way Bitcoin is useful for you, might not be useful on the same manner for me. The important is that Bitcoin can be useful for different people in different ways.
Certainly, centralized banking systems have shown over and over again their limitations. So it makes sense that people want to invest in independent options like Bitcoin. You're right, though; its not just a way to spend. Bitcoin's power comes from the fact that it can be used as both an asset and a cash.
To those critics with narrow minds: Maybe they wouldnt be so quick to judge if they took the time to learn about blockchain and the basic economics behind decentralized finance. Bitcoin has many uses, and each person has a different idea of what those uses are. Its mentally lazy to call Bitcoin users "greedy" just because they know it can be a good investment.
A lot of people only think of how they can make money from bitcoin to become rich and this is all they can think about bitcoin.
If bitcoin can make super rich then it is a good thing to do. But before then they have to understand the basic reasons of the creation of bitcoin and they also have to know that bitcoin is not something they come and use it to become rich over. Bitcoin does not work that way. Bitcoin investors must be patient and have the mindset of long term goal.
Bitcoin can be as a store of value for all assets, making every properties to remain valuable. Bitcoin is a digital property that can be bought without any other expenses attached to it unlike some physical properties expecially Real Estate that has other much expenses that is needed to be spent first before getting the main property, if one should consider to convert this property into another form it will take more expenses for it to get done.
As for now bitcoin is the highest asset that has value. And the unit of bitcoin never reduce in any day even though the price reduce or fluctuate, the unit still stands. And if the investor can wait patiently till the price goes up again then, he would make profit from the unit of bitcoin he acquired before. Real Estate value can't be compared with bitcoin value. As it is now, bitcoin is all time value to all assets. Gold and silver can't be compared to bitcoin so what on Earth again.
Bitcoin is a store of value, it can converted from one currency to another without losing any value. Their are other physical form in which people can consider to be a better way to store their assets, but getting it done it can take expenses that will make the asset lose value. The potential to make good gain out of an asset without losing its initial value proves the worth of the asset and this is exactly what bitcoin is as a good store of value .
Really this is the beautiful part of it all. The matter what, the value is intact. 
Already 93% Bitcoin mining has been completed. Left only 7% So i think Bitcoin price will up in future. So now time for buy and hold bitcoin. I think if anyone invest and hold bitcoin he will be profited. Bitcoin holding will be profitable there has no doubt. If anyone want to free from economic crisis he can store Bitcoin. In near future Bitcoin price will up i think. My thinking within 2025 Bitcoin price will go New ATH and will hit $100. So now who will invest on bitcoin and hold that will will be huge profited.
You're right, but to be honest I'm not sure Bitcoin is still increasing in value over cycles, its price hasn't break 35k since more than 15 months now and I think Bitcoin adoption has reached a lasting limit. In order to break this limit, education and more crypto friendly regulation will have to be put in place.
Rise in price depends on the demand supply ratio and if the demand becomes low the price will remain low. If the adoption increases the price is also increase or remain stagnant. Point is that many big companies hedging on Bitcoin will sell in a prolonged beat market because they need to cover their losses. The smaller investors must accumulate at the lower price but sometimes they might see this go against their ideal if the price remains low for a long time.You can only wait this out and not do much more. I suggest users to have more types of assets to act as a cushion during the bad times in one market.
Those who held Bitcoin in 16k now have a good return opportunity. Because Bitcoin is a good store of value as it can increase the value of the asset financially depending on the volume purchased. Bitcoin is actually a digital asset that can be considered as a store of value. I don't agree with the comparison of Bitcoin to real estate because they are separate platforms in their own right and their benefits are different. Real estate and other properties that appreciate over time, and real estate businesses have many legal complications, but Bitcoin is a really good store of value. People who don't like to invest in real estate can invest in Bitcoin if they want.
You need to understand enough what the main purpose of choosing a store of value asset is - you also need to consider the legal requirements that apply in your country instead of ignoring it completely.Bitcoin is considered a store of value asset because it allows investors to minimize the risk of inflation like that of fiat. They want to avoid the negative effects of inflation and protect their wealth - but obviously that's not the only reason. Bitcoin also allows its holder to generate returns due to its fluctuating value - but you should be aware of the risks involved including the law.
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