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Topic: Can you give one reason why I should buy bitcoin? - page 4. (Read 1280 times)

member
Activity: 416
Merit: 34
Bitcoin is a store of value, a digital one if I may be so ever clear. Sure the price fluctuates at such a volatile manner that it's scary to get into because the second you get in, the value of your investment goes down but that's looking at only one side of the coin, looking at the market history of bitcoin, it recovers from bearish season and it even surpasses it's ATH multiple times already so buying bitcoin should be a good idea for you since it retains it's value if not increases when you don't panic.

Maybe not much different. My view for and also answers OP Bruce4's question why consider buying Bitcoin and the reason for that is all because of its potential as a store of value even though the cryptocurrency market is unstable, Bitcoin has shown evidence to this day regarding its ability to maintain and potentially increase its value over time time. I think this makes investing in Bitcoin an attractive proposition for those looking for a digital store of value with long term growth potential.
hero member
Activity: 3052
Merit: 651
Look at the charts, that might make you decide on what happened with Bitcoin for the past few years.
Do it only if you have the spare money. Don't risk anything like your savings or your budget for the groceries, the bills, or the mortgage. Just don't, it doesn't end up well.
The thing about investing in Bitcoin is no one is forcing you on when you should purchase. Buy it anytime, it's a free currency, no one really owns it except you if you have some on your wallet already.
There's really nothing good to say to make you buy because everything will still depend on you at the end of the day. And you can find all those information here. Use the forum properly and you will learn it even for just a day of reading.
sr. member
Activity: 1484
Merit: 323
Bitcoin is a store of value, a digital one if I may be so ever clear. Sure the price fluctuates at such a volatile manner that it's scary to get into because the second you get in, the value of your investment goes down but that's looking at only one side of the coin, looking at the market history of bitcoin, it recovers from bearish season and it even surpasses it's ATH multiple times already so buying bitcoin should be a good idea for you since it retains it's value if not increases when you don't panic.
full member
Activity: 1050
Merit: 100
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
Looking for someone to give you reasons why you should buy bitcoin is you not being ready to take up any bitcoin investment.
What happens when the reason proves in effective within a speculated time and the reverse to predictions becomes the case more often than you would have hoped to see.

Then, yiu pull find yourself looking out for an exit strategy and all those to whom have advised you would be to blame meanwhile, its you who have failed to put in the necessary efforts.

You have to find your own means to be enthusiastic about it, either this might be your means but, you have to be about it out of your interest for the currency.

There may be those who want to invest in interaction with people and those who want to evaluate their investment with advice. For example, if i have invested in Bitcoin i will talk about its benefits and recommend it. But it is very wrong to believe in something blindly. Those who receive advice should definitely do their own research and should not blame anyone for this reason. If you're looking for a reason to blame you should invest in something you believe in. The reasons for this should be well read and evaluated. The advice is all valuable and find one among them to suit you, but don't blame anyone if things go wrong.

Buying Bitcoin is a rebellion against the central system for me. People are tired of central authority and are looking for a way out. Economically this exit may be possible with Bitcoin. I will continue to buy btc to protect the value of money and to rebel against the central system.
a central system full of inflation seems to make people more oppressed, therefore with a decentralized system, it can provide protection for our finances from inflation rather than saving in banks. especially at this time where not many people have joined, so it is a golden opportunity to invest in the long term. bitcoin is the main choice in investing considering that the crypto world is a risky investment, and bitcoin is the cryptocurrency with the lowest level of risk for the long term
full member
Activity: 532
Merit: 229
There are many reasons to buy Bitcoin. One of the reasons is that you can make a lot of money from it. But to make money you need to invest wisely. Buy Bitcoins when the market is dumping and sell Bitcoins when the market is pumping. You can earn good income from it too. Another reason to buy Bitcoin is that usually when we transact money we transact with the help of a third party and they have to pay interest for this transaction. But if we transact in Bitcoin, we can transact without the need of a third party. And no give interest is payable for this transaction. It is called peer to peer. Another reason to buy Bitcoin is that all Bitcoin processes are highly secure, so there is no chance of fraud. No one can take your bitcoins away from you. Here you will be the real owner of your bitcoins. You can invest safely here. Another great reason to buy Bitcoin is to invest in Bitcoin for the long term. Because Bitcoin will make new ATH between 2024 and 2025. If you can invest now, it will make you very profitable in future. And this is the best reason to invest in Bitcoin.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”

I hope this chart can give you enough reason if you compare it to a chart of any fiat currency.

I am not here to convince you to buy Bitcoin. My post is not financial advice and just free information for you.
this might not be a Financial advise but at least you have gave him the best answer and idea how and why he needs to invest and trust bitcoin as an investments.
not unless he will bring himself  another attitude to invest in altcoin and risk instead .
but all in all ,. the chart is influential and credible for the people to trust bitcoin like what op needs to understand.
Hmm seems you've already got many reasons given by the community and if you still haven't made up your mind I think then you are not fit for the Bitcoin community. Don't take me wrong as you know Bitcoin is a digital asset and P2P payment mode its the most reliable in the crypto industry it is a potential store of value as well with the highlighted features and investors cant stop themselves from investing In Bitcoin. Freedom gives you power from an investor's point of view you are free to choose after so many suggestions because we cant force you as it's your money.
actually Internet is more than enough for him to believe and buy bitcoin , not only if he is just spamming this forum with questions like this and never comes back to even read comments and advises .
member
Activity: 868
Merit: 38
Join hands and help me to grow everybody...
Bitcoin is the investment and people is has been into right now so there is no reason somebody can give you that is very reasonable not to invest in Bitcoin but the problem is that before you invest in Bitcoin you have to know what is Bitcoin and they have to know the disadvantages and the advantages of Bitcoin before you invest in Bitcoin and make profit because many people use their last money for investment of Bitcoin not knowing that it has advantages and also disadvantages
hero member
Activity: 1554
Merit: 762
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
Looking for someone to give you reasons why you should buy bitcoin is you not being ready to take up any bitcoin investment.
What happens when the reason proves in effective within a speculated time and the reverse to predictions becomes the case more often than you would have hoped to see.

Then, yiu pull find yourself looking out for an exit strategy and all those to whom have advised you would be to blame meanwhile, its you who have failed to put in the necessary efforts.

You have to find your own means to be enthusiastic about it, either this might be your means but, you have to be about it out of your interest for the currency.

There may be those who want to invest in interaction with people and those who want to evaluate their investment with advice. For example, if i have invested in Bitcoin i will talk about its benefits and recommend it. But it is very wrong to believe in something blindly. Those who receive advice should definitely do their own research and should not blame anyone for this reason. If you're looking for a reason to blame you should invest in something you believe in. The reasons for this should be well read and evaluated. The advice is all valuable and find one among them to suit you, but don't blame anyone if things go wrong.

Buying Bitcoin is a rebellion against the central system for me. People are tired of central authority and are looking for a way out. Economically this exit may be possible with Bitcoin. I will continue to buy btc to protect the value of money and to rebel against the central system.
full member
Activity: 658
Merit: 158
BTC Rocks
Bitcoin is the first digital crypto currency which is decentralized. It has gain a huge popularity and also it's price pumped hard when it was bull season. It has many usecases and day by day it's popularity and price gaining. So you should be a part of this gem asap so you may have a huge gain in future. If you ask me about the safest crypto to invest in then I will obviously suggest you one and only Bitcoin.
hero member
Activity: 1036
Merit: 674
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
Looking for someone to give you reasons why you should buy bitcoin is you not being ready to take up any bitcoin investment.
What happens when the reason proves in effective within a speculated time and the reverse to predictions becomes the case more often than you would have hoped to see.

Then, yiu pull find yourself looking out for an exit strategy and all those to whom have advised you would be to blame meanwhile, its you who have failed to put in the necessary efforts.

You have to find your own means to be enthusiastic about it, either this might be your means but, you have to be about it out of your interest for the currency.
full member
Activity: 406
Merit: 188
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!


If you get the answer yes when you ask yourself and you really feel this answer, you should invest in bitcoin. If you have concerns, you should research and learn. After doing all this, if you believe, you make your investment. Like many people here. You have to make your own decisions, not act on the opinions of others.

As with any investment, there is risk in this investment. It is also important to take this risk. I don't know if there is a way to invest without risk. Still, all decisions should be yours.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
I think that you should create your own mind and should not allow your mind to focus on other's concept. Do your own research and then think that whether it will be better for you to choose it, because it can say without doubt that bitcoin is a way of making anyone a wealthy person but it doesn't mean that make investment so you will be wealthy but knowledge is also very important without which success is not possible.
hero member
Activity: 3052
Merit: 685
One reason you should buy Bitcoin is that you can make a lot of money here. Investing in Bitcoin is game-changing. If you have a large sum of money that you want to deposit in a bank, it is preferable to invest in Bitcoin. For me, it is more practical to invest in Bitcoin because its current price is still extremely low; otherwise, you will make very little per year if you invest in a bank. I'm just reminding you not to invest in Bitcoin if you truly need your money since you can wind up selling it at a loss if its price falls.

What you're talking about is your own reason why you should buy bitcoin and most probably, the OP already know about this and that investing towards bitcoin will really make your life more comfortable if it will be handled well especially if you got a large sum of money, just like what you've said, etc.
But if you're asking the same question, would you want to read something like this? Because the way it is, it's like you're comparing bitcoin from a bank.

Bitcoin is not solely for investing just to become rich and that's all, nothing that follows. What you should try and seek is you're financial freedom that bitcoin can give because profits while investing is a just a bonus for trusting the specific cryptocurrency.
sr. member
Activity: 602
Merit: 306
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!

It all depends on your decision. If a friend of yours introduced you to bitcoin or advised you to invest in it in order to become wealthy, you can learn more about bitcoin by doing research on why people do it, whether it is a good or bad decision, and whether it is something you should do. If you notice any changes in your friend since he also started investing in cryptocurrencies, I believe you should move forward he should explain the risks and benefits from it.

But the best piece of advise I can give you is to invest in bitcoin; it will benefit you in a variety of ways, but be sure to properly understand the risks involved.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
I don't think someone should be convincing you or anyone else to buy Bitcoin. If you're interested - do some research and make a decision if you're willing to take the risk.
exactly ,so if there comes a downside or losing there is no one to blame but yourself,
I keep asking why people let themselves enters investing from others when this is our money and our losses in case.
maybe what people need to understand is how this market flows and go , and not just the profit but the complete understanding of crypto market.
buy at your own risk and this is the motto what they need to stand for.
many of the new investors do not understand cryptocurrencies, so they entrust investment to other people with tempting offers. even though if they are already familiar with bitcoin then such a thing should not be done, as long as they want to learn I don't think it's ever too late to start. and if we still don't understand, I think buying bitcoin and holding it until you get a profit will be better, so that we actually know bitcoin investment is an investment that is not high risk
And that is for me a stupid way of investing , that is your money so why entrust to others ? will they return your losses if happens?
will they comfort you at least once you lose everything?
your money is your obligation so better to just buy the coins you believe will bring you money in return or at least make sure that you understand those advise before  implementing the investing .
how much you can risk from others idea when you can find your own?
If you buy Bitcoin, it is as if you are taking part in the financial revolution by being part of a transformative technology that has the potential to reshape the traditional monetary system in which we live. You want to be not only a witness but an active member of this revolution.
trusting bitcoin is like trusting good faith of your future , this is what I learned from the years of being here.
have tried many ways from different altcoins but nowadays? I only trust ranking coins  specially bitcoin .
legendary
Activity: 1918
Merit: 3047
LE ☮︎ Halving es la purga
Another OP based on a friend told me therefore the bitcoin discussion is over.  Let's start with that it is a mistake to believe what they tell you without investigating.

 The lack of information would give relevance for the years 2008-2009 to such ignorance in your question, but nowadays you ask for advice on why, maybe just tell you why Bitcoin is.  Investigate, Lee leaves laziness.  Smiley
hero member
Activity: 2926
Merit: 640
To me, Bitcoin was once 100$ and it went up to 69k, I have never seen anything as valuable as Bitcoin, and in coming years Bitcoin can male it to 150k easily, I don't want to miss this chance again because many more people are seeing Bitcoin as the valid digital gold with lots of potential for real store of value.

As for you, I don't think you need anyone to confuse you, if you can't confuse yourself you have failed as a smart thinking human being, because everything about Bitcoin is transparent, it's easier to decide if you will invest or stay away from Bitcoin, so why are you trying to stress people to confuse you to invest in something that can change your life im future? You don't need to be confused.

Google has the answer to everything Bitcoin, the history of Bitcoin is also a very good thing to look into as well, this digital currency has never failed to surprise haters since its launch and it's been years, it withstood every FUD and hates and many haters end up having 100s of Bitcoin in their asset portfolio today, many more will come, it's a matter of time.
Bitcoins ability to increase an unimaginable price is one of the best reasons on why one should buy and hold it. If not for investment, Bitcoin is still a wonderful currency which are better than in fiat. It is digital, so it's not hassle to carry.

It is also decentralized so we are free on using it. This is another reason on why one should buy and use a Bitcoin. Being confused is normal and happens to all of us but it does not mean that we are not smart anymore. The purpose of this thread is not to confuse anyone but the OP is only asking for a second opinion. To have 1 Bitcoin is not easy so how much more 100s of it? And there might be haters who won't change their minds anymore.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
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!

This is kind of odd for me, to be honest if someone would talk to me personally and ask me this question I would just laugh at them.
Why would I even convince you? what's in it for me? no matter what happens in your investment it would all be in your hands?
If you really want to get into crypto or Bitcoin do your own research, if the result isn't suited for your investment plan then get out if you think that it would benefits you in the long run then go in, it's just as simple as that.
Yeah I know that we should promote Bitcoin but if you or those people who doesn't know it or not interested in it, would like more information after we give out information about it and explain how it works ask us more on why you should invest on it, I wouldn't argue or come up with any reason it is up to you to decide we had given out the information.
full member
Activity: 602
Merit: 129
Why should anyone try to persuade you if you are not willing to invest yourself? Make your own choice; we won't gain anything from it, but you will if you do. Before investing in Bitcoin, people need to understand its importance and use, which will encourage them to do so. They also need to understand why it will be profitable, rather than relying on the influence or logic of others.
newbie
Activity: 38
Merit: 0
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 -


Everyone bought it, so they bought it. This is the reason for buying Bitcoin. If you want to ask me what is the underlying technology of the blockchain, I didn't understand it at the beginning. I didn't have the urge to learn more, but simply bought 500U of Bitcoin.
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