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Topic: Can you give one reason why I should buy bitcoin? - page 11. (Read 1280 times)

mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Why tell us to convince you? It's not our responsibility to convince you lol. Instead, probably do your research instead?


* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://chainsec.io
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
* https://github.com/ethereumbook/ethereumbook#chapters
full member
Activity: 1834
Merit: 166
If you are not ready to invest yourself then why should anyone bother to convince you? We are not going to get any benefit but you will get if you make this decision so make your own decision.People need to first understand the usage as well as importance of Bitcoin which will trigger them to invest and understand why it will be profitable not based on anyone's else influence or reasoning.
sr. member
Activity: 854
Merit: 327
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A friend of mine once told me that I can become very by investing in bitcoin and cryptocurrency.
According to him,he said some crypto analyst and experts have long predicted that bitcoin has the largest transfer of wealth and affluent
The world has ever seen and that most of them that are investing in it will be the ones to be rewarded.
I'm certainly not convinced about this information that he gave to me...I want better ideas and  enlightenment on why I should buy bitcoin.I need help please!

What your friend told you about bitcoin is true, but it has not been enough to convince you because you are not fascinated by the idea of getting wealthy. Maybe your position in life is already a comfortable one so someone telling you about how Bitcoin can improve your living standard will not be enticing to you. There are many other benefits of bitcoins, and you just have to research and read on them yourself so maybe one of the benefits becomes catchy to you. People are buying bitcoins because of many benefits not just the benefit from investing, find a benefit of Bitcoin that is beneficial to you.
hero member
Activity: 1288
Merit: 504
A friend of mine once told me that I can become very by investing in bitcoin and cryptocurrency.
According to him,he said some crypto analyst and experts have long predicted that bitcoin has the largest transfer of wealth and affluent
The world has ever seen and that most of them that are investing in it will be the ones to be rewarded.
I'm certainly not convinced about this information that he gave to me...I want better ideas and  enlightenment on why I should buy bitcoin.I need help please!

I would say you should invest in bitcoin because you beleive in it and not because someone told you to. For the sake of emphasises, I would repeat, Bitcoin and not altcoin.
In recent times, altcoins has proven to be more risky than you would have imagined with most of them dumping to never rise again and an inexperience person could easily find themselves in a deep shit.

Maybe this is some means to go about your research but, I would say you should make conscious effort to understanding all that it entails before investing.
legendary
Activity: 2576
Merit: 1043
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I'm certainly not convinced about this information that he gave to me...I want better ideas and  enlightenment on why I should buy bitcoin.I need help please!
Give me a reason why should we convince you at first place? Are you a famous newbie investor?
You need enlightenment? There are many information online that may enlighten you on why you should you buy Bitcoin. We aren't the answers whether you need to buy or not. If you really want to buy Bitcoin, learn it yourself, or find a mentor that might guide you.

As for me, I will not enlighten you or whatever term you want to use. You want to buy Bitcoin? Go find information online that will help you. Go watch videos that will help you. Go read articles that will help you. We don't need to enlighten you nor you need enlightenment from us. It's already good that you have a friend that helped you.

Well, what I said might be a bit harsh, but that's the reality. Smiley Go learn, and good luck I guess.
hero member
Activity: 868
Merit: 952
I'm certainly not convinced about this information that he gave to me...I want better ideas and  enlightenment on why I should buy bitcoin.I need help please!


The question you need to ask yourself is why do you want to buy bitcoin. For most people the sole purpose of buying and holding bitcoin is to save them self’s from traditional financial restrictions. Bitcoin has many benefits but the most important part ones is it been a store of value because it has limited supply and also hedges against inflation. For someone who is looking to save money without the fear of losing due to devaluation of the traditional financial system then bitcoin also solves that. Also bitcoin is a currency that can be use for payment purposes and this has been proved to be more efficient than traditional currencies or any other digital currencies most especially cross border transactions. Bitcoin also generates you profit while holding it because of it’s volatility which also in turns could cause loses but this can be minimized if you’re looking to hold for a very long period of time.

So the best thing is for you to do your own research and compare the risk and benefit of bitcoin and then relate maybe someone like you could actually get involved.
hero member
Activity: 644
Merit: 661
- Jay -
You need to convince yourself about an investment and not let others do the thinking for you. Some are into bitcoin for financial freedom without depending on the banking system, some buy it for the potential ROI, some others use it as a retirement plan, the purpose is different for different people.

Understand what bitcoin is and what value it offers, then decide to buy or not.

- Jay -
newbie
Activity: 28
Merit: 5
A friend of mine once told me that I can become very by investing in bitcoin and cryptocurrency.
According to him,he said some crypto analyst and experts have long predicted that bitcoin has the largest transfer of wealth and affluent
The world has ever seen and that most of them that are investing in it will be the ones to be rewarded.
I'm certainly not convinced about this information that he gave to me...I want better ideas and  enlightenment on why I should buy bitcoin.I need help please!
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