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Topic: Can you give one reason why I should buy bitcoin? - page 7. (Read 1186 times)

copper member
Activity: 1428
Merit: 1519
Bitcoin Bottom was at $15.4k
No, I will not give you any reason to buy Bitcoin which is currently down 55% from All Time High, you should be smart enough to make your own financial decisions.
If you are asking for a single reason and you will be convinced with that, you really need some financial education on how to invest and how to find an asset to invest in.

Good Luck lol.  Roll Eyes
sr. member
Activity: 873
Merit: 268
Do your own research. If you won't want to buy it: don't do it.
You should understand what you are getting into and all risks coming with it.
You can earn some money, but you can also lose a lot. So be careful.
hero member
Activity: 2912
Merit: 629
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!

Why you're not convinced with what your friend said? I think that's more reliable since you know him/her personally rather than asking random people to convince you. Anyway, if you're interested in Bitcoin and just looking for a convincing reason to invest then you can do it yourself through researching. Because what you need to know about Bitcoin is already available online. That's sufficient already for you to decide.

In addition, don't invest just because someone convince you, it's still better that you invest because you gain knowledge about it and not because of other people's predictions.
legendary
Activity: 1176
Merit: 1005
crunck
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.

From the very beginning, he was not a good fit for bitcoin. He knew about bitcoin through his friends, but instead of learning about it himself, he came up here asking people to give him a compelling reason to invest. I am wondering, is investing in bitcoin good for him or for us? So for someone who is always doubtful and lazy, spending time giving them advice is a waste of time.

If he has done his research before but still has some questions, that is greatly appreciated and we should take the time to explain it to him.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
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.
sr. member
Activity: 1428
Merit: 436
I think BTC is useful for long-term investment.
We don't know how long BTC exists, no guarantee about it.
But if we want to invest for the target profits of 4-5 years, Bitcoin is one of the good choices. We can check its price history, it always rises significantly every 4 years (bullrun season).

now there is a chance to save money if fiat inflation occurs. However, the chance is not high, but it still exists. So I think it's quite useful to have some btc in the savings.
Putting money in BTC isn't for saving, it is an investment. If you want to have a saving, you can put money in banks or on Gold.
BTC price is very volatile, the price is never stable. No guarantee that the amount of money will remain the same after a few months/years.

Though I don't think that its a good idea to invest all the excess money into crypto.
Agree. BTC investment is a high risk, only use the extra money (money that we can afford to lose).

sr. member
Activity: 2800
Merit: 344
when lambo...
It is the person himself need to analyse and understand why he/she should buy bitcoin. Through the discussion OP could've got different reasons, and finally it is his expectations and the belief based on which he needs to make the buying. When it comes to bitcoin, it serves multiple needs. In all there were chances of making money as well as using it as an alternate.

OP's friend have said he can be ____buying bitcoin. The gap can be filled with rich, poor, frustrated,fail etc. The gap gives a perfect connect when you understand well about bitcoin and follow the market. In each and everything there is need of investment, and the same is with bitcoin. The capital is a must and that can be done buying,next its upto the user whether to hold for long term profit, get into trading for regular earning or prefer it for transaction needs etc.
It is very important that we are able to understand the market and Bitcoin itself as at this time, we already know what is really our main goal in investing in Bitcoin whether it was for a profit generator or just for a currency. Because until now, many people are still confused about what is Bitcoin and so their purpose of being here. But as we can see, though not all, the majority are aiming for a profit and they'll buy despite the high risk because they believe it won't disappoint them in the end. The moment that we have a clear reason why investing in Bitcoin, that would certainly change our insights as well, and never thought about the risk anymore.
hero member
Activity: 644
Merit: 544
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!

Since nobody owns or controls Bitcoin, I don't think anyone here will trying  to convince you to invest in it. Additionally, since Bitcoin is not a company product with company aims, why should anyone try to convince you to do so?We are advise against persuading anyone to invest in Bitcoin with the intention of making  profit because it nature of volatile.so if your friend tries to convince you by doing so it as mistake, ignore them.Bitcoin has a number of advantages. The benefit of Bitcoin is that it's not only about making profits; instead, the best thing you can do is learn more about Bitcoin and cryptocurrency in general so you can verify the information for yourself and make proper decision.

Everyone has a different justification for embracing Bitcoin; some hold it for its privacy features and ease of transactions, while others exclusively hold it for financial gain. As a result, each investor has a different motivator.
hero member
Activity: 2604
Merit: 548
Vave.com - Crypto Casino
It is the person himself need to analyse and understand why he/she should buy bitcoin. Through the discussion OP could've got different reasons, and finally it is his expectations and the belief based on which he needs to make the buying. When it comes to bitcoin, it serves multiple needs. In all there were chances of making money as well as using it as an alternate.

OP's friend have said he can be ____buying bitcoin. The gap can be filled with rich, poor, frustrated,fail etc. The gap gives a perfect connect when you understand well about bitcoin and follow the market. In each and everything there is need of investment, and the same is with bitcoin. The capital is a must and that can be done buying,next its upto the user whether to hold for long term profit, get into trading for regular earning or prefer it for transaction needs etc.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
My reason for you to invest in bitcoin would be; we are living in the digital era were most financial transactions are all built around digital platforms..and with these comes limited control from traditional channels such as fiat and if you want total freedom of your finances and be your own bank.. nothing out there beats crypto and what better way to enjoy financial freedom by investing in bitcoin.
Be part of the revolution and become an early adopter Roll Eyes, good luck Smiley.
hero member
Activity: 1736
Merit: 589
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 -
I second this. The decision to make that investment and risk your money on the line isn't for your friend to make or whatever acquaintance or relative you have. That solely lies upon you cause at the end of the day, it's your own moolah you'll be putting down and would be risking, you can't have scapegoats when shit hits the fan and you lose it all. Whatever the reason for investing really, it has to become something that came from your own volition.

In that regard, I suggest that OP look into a couple of revered articles and researches about bitcoin, maybe even give the whitepaper itself a quick-read since Satoshi Nakamoto made it understandable to even the dumbest form of dimwits on the internet. Look it up, research, and then from there decide whether you should invest in it, or bitcoin's not for you. Don't put in money just cause "a friend told me I'm gonna be rich with this". That's just stupid and will definitely get you in trouble someday.
hero member
Activity: 966
Merit: 701
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 seems your friend like most Bitcoin enthusiasts was trying to sell you the bitcoin dream, that bitcoin is going to make you a very rich man. Your doubts are not misplaced, it’s a too good to be true story, the truth is bitcoin is a volatile asset and cannot be predicted accurately which means your investment can skyrocket or plummet.
When you ask these kind of questions in a bitcoin forum, you should expect that the replies are going to biased and pro bitcoin, frankly this isn’t the place to visit if you want to hear anything negative about bitcoin. I think the best thing you can do for yourself is research about bitcoin and understand the concept behind the tech before you come to a decision.
sr. member
Activity: 1176
Merit: 279
yes
For you, I think you should do your own research on issues where you don't understand the fundamentals and potential value of any investment before making a decision. If unsure, educate yourself about Bitcoin and its value proposition so you can make informed choices that align with your personal goals and values. So be sure of what you are saying and what you are doing because no one is forcing you to matter whether you want to invest or care so far.
Seeking initiates here and there is pointless because bitcoin is a solid project that has done both dump and pump in the past. Nobody cares if you buy bitcoin or not; as long as they continue to print easy money from bitcoin, you'll be compelled to conduct critical investigation on the project. Remember, we are no longer in the archaic age where we refer someone to make money, infect any individual who gives out good knowledge about bitcoin deserves accolades becauses he or she truly wants you to stick up your crypto portfolio.
hero member
Activity: 1400
Merit: 911
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!

With the way everyone have been talking about bitcoin and the way bitcoin have suprised most of us in the past and bitcoin will still suprise us in future, you are still their waiting for someone to convince you? All what I will tell you is that you should learn about bitcoin and make sure you invest any amount you can afford to lose in bitcoin so that you won't miss out in the future, most people that were once waiting to be convinced in the past when bitcoin price was low are regretting why they didn't have trust in bitcoin early.

One of the reason why you should invest in bitcoin is that, Bitcoin will be the future currency, and their are lot's of advantages that's in making transaction with bitcoin, and with time most countries that are banning bitcoin won't have choice than to just accept bitcoin. Am not saying fiat currency won't be used again, but attention will be shifted from fiat currency to bitcoin, but it's going to take time before that can happen.
hero member
Activity: 1680
Merit: 987
#SWGT CERTIK Audited
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 think BTC is useful for long-term investment. And now there is a chance to save money if fiat inflation occurs. However, the chance is not high, but it still exists. So I think it's quite useful to have some btc in the savings. Though I don't think that its a good idea to invest all the excess money into crypto.
legendary
Activity: 1974
Merit: 1150
Bitcoin is a new type of currency that has gradually been adopted in several countries. You can use bitcoin as a means of payment in places that accept them, while you can also hold bitcoin for other plans including store of value, investing and more.

As a decentralized asset, you can spend your bitcoins for any purpose and the great thing is that bitcoin also supports your privacy. If one day banks and other banking services can't help you to transact as fast as you expect, maybe at that time you will realize that bitcoin will help you.
member
Activity: 517
Merit: 12
Number one reason why you should buy Bitcoin is that cryptocurrency has come to take the world by stone through using crypto as online payment, which Bitcoin is the number one among other alt-coins in the cryptocurrency market. Hence Bitcoin is a digital assets that keeps adding value's from time to time, so it's good to buy and hold for a long term.
sr. member
Activity: 602
Merit: 442
I buy all valid country Gift cards swiftly.
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!


Well the truth be told that you don't have to be convinced  by anyone before getting into crypto because it has to be a personal decision.
There are alot of advantages  when getting involved into bitcoin and cryptocurrency at large but the truth is that nothing is certain in the cryptocurrency industry  not even the gains that is promised .
If you've heard and read some more about bitcoin, you must have heard that it is a volatile asset and as such, it can rise and as well fall and the volatile nature is what determines the gain and the losses in the business.

Answering to your questions directly, there are several reasons why you should own bitcoin and some reasons are;
~ privacy:  bitcoin  offers freedom and privacy  from government monitoring on like fiat which is been monitored and tracked my the government.

~ 24/7 hours availability which means that it can be purchased at anytime.
These two are enough reasons to get involved.
sr. member
Activity: 1344
Merit: 311
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!

Take a perspective from the past and introspect why now I have to earn Bitcoins or let's say buy Bitcoins, and basically some people are targeting their plans for the future in terms of keeping their assets in Bitcoins and doing their digital investment phase at the same time, but you will get what it all means from Bitcoin when you already understand Bitcoin and the knowledge of other colleagues.
sr. member
Activity: 1498
Merit: 326
Leading Crypto Sports Betting & Casino Platform
You already know bitcoin and you don't believe in it, it's your choice. I have no reason to give you any advice, but I just wanted to tell you. You missed a huge opportunity by not investing in bitcoin, and you will regret it like many others. For me, giving financial advice to other people is a bad idea because if they lose, they will blame me, so I don't want and have no responsibility to anyone.
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