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Topic: Can you give one reason why I should buy bitcoin? - page 8. (Read 1268 times)

sr. member
Activity: 1358
Merit: 259
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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.
sr. member
Activity: 1400
Merit: 283
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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!


I advise you, you do not to invest in bitcoin because you already know about it, but you have not taken the time to do your own research and expect others to convince you. You better not invest in it, and it's not for you either.
Given your personality, I bet if your investment loses, you will immediately blame the person who introduced you to bitcoin, and you will call bitcoin a scam. So, for your sake, don't invest in bitcoin, and that's my advice to you.
sr. member
Activity: 994
Merit: 441
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!

Your friend told you right. Bitcoin is a valuable asset. Many people have made a lot of money by investing in this precious asset. 13 years ago today, a man named Laszlo Hanyecz bought two pizzas with 10,000 bitcoins. Its current value is 10000×27283=$272830000. So you think from here how was the position of Bitcoin 13 years ago and how is the position of Bitcoin 13 years later. So from here we can assume that we will definitely benefit from Bitcoin investment. We will never be discouraged from investing in Bitcoin in the future.
hero member
Activity: 980
Merit: 585
Leading Crypto Sports Betting & Casino Platform
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!


One Good reason I'll share is that Bitcoin gives you control and power over your money. ( That which the fiat doesn't )
 During my growth here in the forum, I recall a post of not forcing your siblings or friends to invest in Bitcoin, for if they do and get such loses, the blames would be on you.

It's one thing to buy bitcoin, it's another thing to hold, do you have the patience to buy and hold, No?! It's also another thing to secure them yourself. ( By not using exchnages ).

Most newly investors are not aware bout the volatile nature of Bitcoin, not knowing how it fluctuates and the price decreases, so build and work on your emotions to accept loses for it's part of the investors journeys to success.
Bitcoin will only benefit those investors who are long term holders, who are not after short term holdings, they can just buy the Bitcoin and forget they did such.
hero member
Activity: 1260
Merit: 675
I rather die on my feet than to live on my knees
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!


Can't you find a ton of reasons on your own? If not, I think you still have a lot of research to do on your own, because there are literally thousands of reasons one can come up with to buy Bitcoin! By this time, I bet many other forum users already gave you the best ones, for sure!
sr. member
Activity: 1386
Merit: 451
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!

The only answer to why to buy bitcoins ,first imagine the future of bitcoins and then decide to invest in bitcoins. Bitcoin will be the only virtual currency that will become a competitive asset in the world. The more bitcoins one has at a time, the more wealth one has. What the experts and experts have predicted will come true as we have already seen Bitcoin's market peak of $69,000. Bitcoin in the distant future . The market will exceed million dollars then those who are currently investing in Bitcoin will become millionaires and billionaires at that time.
legendary
Activity: 3038
Merit: 1188
Do you feel that you are as important as a friend, some of us have to convince you to invest in bitcoin, you invest or not it will not be a masla, h especially for me personally, I am quite simple, if you are interested in something human will be relatively curious about It and find out in all the ways he can find the answer, and you only do stupid questions like that.
No one requires you to buy Bitcoin, and there is no guarantor institution for you to benefit in Bitcoin, you must understand that first, but most people here are those who profit from learning bitcoin and investing in bitcoin with various strategies.

By the way, in investing in Bitcoin, don't listen to other people, personal analysis is more prioritized in investing, to keep you away from regret if you follow other people's words.
This is a bit aggressive but correct answer. I feel like people are not realizing that bitcoin is an asset, which means that it can be 1 cent or it can be 1 million dollars, we do not know which one it will be. Nobody can guarantee you anything, which means that it can't be a scam, there is no possible way, there is nothing that you could lose bunch of money and you know this beforehand could be considered scam when you do end up losing it because we already told you that was a possibility.

If you want to invest, great, then go ahead and invest but if you do not want to invest then you should not be doing that and you should be considering that the best thing to do is just focusing on making money the way you possibly could in any other way.
jr. member
Activity: 74
Merit: 1
If you're interested at Bitcoin of course it would be better to do your own research about it since you've asked here in the forum, I could say that Bitcoin is a digital currency where you could do some investing and trading with the it's volatility which the reason why risk are involved. But the most important thing is you consider yourself want to invest from yourself and you wouldn't rely to the others people call since it's your money at stake.

Completely agree. I learned a lot while started investing. And I didn't even stop
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
If you're interested at Bitcoin of course it would be better to do your own research about it since you've asked here in the forum, I could say that Bitcoin is a digital currency where you could do some investing and trading with the it's volatility which the reason why risk are involved. But the most important thing is you consider yourself want to invest from yourself and you wouldn't rely to the others people call since it's your money at stake.
I think the biggest reason is the nature of Bitcoin being decentralised and censorship resistant. The government tries to centralize the banking system while this is an alternative to it. The very easy of sending Bitcoin to anybody in the world without restriction comes as breeze of fresh air to many of us. If this is something we can propagate further we might see local shops accepting it then there will disruption in the banking sector.

This idea should itself be a big impetus to anyone new to this sector and is willing to invest in crypto. The profits from trading Bitcoin comes secondary to it.
member
Activity: 227
Merit: 10
Bitcoin still has great potential that one is true.


One reason to buy Bitcoin is its potential in the market, and it has a hedge against inflation. In this times of economic uncertainty or when traditional financial markets experience volatility, investors often seek alternative assets that can retain their value and gave them financial benefits. Bitcoin has demonstrated its ability to act as a hedge during such periods. However, it's important to note that investing in Bitcoin involves risks, and its price can be highly volatile, but you can get benefits from your understanding.
newbie
Activity: 28
Merit: 0
Bitcoin still has great potential that one is true. In the last 1 year the price of 1 BTC is around 20-25K USD$. Which is very respectable and surprisingly stable compared to its early days.
There is no doubt some time soon, within this year . Bitcoin will rise 2 or 3 times its current value.
If you are a true cryptoneer, build a portofolio that you like. It can contain stablecoins,memecoins,bitcoin, ether and lots of altcoins.Dont put all your eggs in just one basket.This is the most true answer you will find.
sr. member
Activity: 686
Merit: 403
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!

You don't need to be confused, your friends already told you about how Bitcoin is the largest transfer of wealth, what more do you want to hear from people on here? No matter what anyone tell you on here we won't be able to confuse you because you already understand what crypto is all about.

If you are chasing high return of investment then that's different,  investing in Bitcoin is safer for crypto newbies and there is no cause for alarm on the longer term, all they need is hold for the long term, but altcoins can give better ROI, still they are way risky than Bitcoin.

You can pack some altcoins for a thousand dollars today and in weeks you have 200$ left, altcoins can get you rich fast and can make you poor faster, having Bitcoin included in your portfolio is the safest practice.
newbie
Activity: 54
Merit: 0
Your friend might be onto something! Bitcoin has certainly made some people very rich, but it's always good to do your own research. Start by learning about its technology, potential use cases, and market trends. Remember, investing comes with risks, so make informed decisions and never invest more than you can afford to lose. Good luck on your crypto journey.
full member
Activity: 1140
Merit: 103
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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!

You should buy bitcoin today before its too late, because there is a big possiblity that bitcoin will rise up to 100k$ in the near future and if we don't buy and hold or ignore bitcoin today there will be a big regret in our life, just like what happen in year 2010 if we know bitcoin will rise almost 90% of its price from year 2010 to 2021 then we will grab the opportunity but its not happening because we ignore btc before.
hero member
Activity: 2086
Merit: 513
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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!


People invest in bitcoin to make a profit, make money, and protect their privacy, if you also have those needs, then that's why you should invest in bitcoin.  if you lack knowledge about bitcoin and are not confident enough to invest in it, do your own research and find out everything, you don't need someone to convince you to invest. it's like you can't ask someone to find a high paying job for you when you're lazy. Moreover, giving investment advice to someone is a bad idea because if your investment loses, you will blame them, I would never do that.
hero member
Activity: 2268
Merit: 507
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If you're not convinced then try to research more. If you're up for an investment, it should be you that must figure it out and have your own reasons to invest.
That's the first rule as an investor and you're using your own time, money and resources for it. If someone says that you should invest because of bla bla bla.. you shouldn't do that unless you've made your research with due diligence.
People that have suggested what to do will not hold accountable for any loss you make but only you.
sr. member
Activity: 924
Merit: 365
There isn't much of a justification or conviction for someone to invest in bitcoin. Anyone who decides to invest in bitcoin does so at their own risk since there will be a future focus on identifying the person to hold accountable for a bad investment because they suggested you do so(invest in bitcoin)

You should not invest in things you don't understand or in accordance with predictions made by crypto analysts about the price of bitcoin and the wealth accumulation that would result from doing so. They are only speculating, and you shouldn't base your decisions and expectations on them because no one knows what the future of bitcoin will bring. If one fails to understand crypto volatility, it could be depressing for a newbie. 
legendary
Activity: 2562
Merit: 1252
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If you want to purchase something expensive and want to avoid taxes for it, then paying thru Bitcoin would help you to do that IF the seller or company you would buy it from, accepts such mode of payment. Another reason is profit from investing into it. Problem is risk exposure because the market value is changing from time to time and that includes decline on its market value sometimes. It is easy to convince someone to engage into this technology what is hard is to keep them still in this industry. Not all people can tolerate seeing losses on their held assets since not all people are into investments. Which is why encouraging people to invest, especially in this industry, depends on who you are encouraging.
legendary
Activity: 2226
Merit: 1086
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You must know that no guarantee of profits by investing in Bitcoin. Investing in Bitcoin is even a high-risk investment. So, it is not an instant way to be rich by investing in Bitcoin. Everyone who invests in Bitcoin must have enough knowledge and experience about crypto and Bitcoin. Also, you need to have patience and a big trust in Bitcoin when you are holding it since there are too many FUDs spreading. If you are a weak holder/investor, you probably panic and sell your Bitcoin immediately whenever there is a drop in Bitcoin price. In conclusion, if you can't convince yourself and feel doubt about Bitcoin future, you don't deserve to invest in Bitcoin. No one can help you to convince yourself, it is about how you view Bitcoin itself.

legendary
Activity: 2646
Merit: 1106
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Buying bitcoin needs to happen on ones personal understanding about bitcoin. Just going with someone's suggestion isn't fair, because the person who introduced might've said you about the bullish move and to the bad luck you might be experiencing bearish market. This will be disappointing, good is to go with the purpose. If one haven't got to know anything prior and completely new it'll be hard for them to believe.

If the ultimate is to make yourself rich, you've got more choices available. Bitcoin have got the ability to make a person rich in a short as well as in the long term. It all depends on how the person have understood it. Same time the risk associated too looks high than other form of investment. Just buy, it assure you with the best profit someday.
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