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Topic: Is Bitcoin an asset? (Read 219 times)

full member
Activity: 252
Merit: 57
Wheel of Whales 🐳
Today at 04:35:21 AM
#32
Before you venture into a crypto space and even thinking of investing in a bitcoin,you should ask yourself first whether bitcoin is an asset or not,we all know that asset is what adding value or appreciating with time.If eventually bitcoin is an asset how do i go about the investment aspects of it.As a newbie or beginner in the bitcoin forum these are the things you should know,because bitcoin is an electronic form of investment so as such need to know all the rudiments on how it is been operates,I have made to understand that it is important to have little knowledge about the bitcoin market system and its operation,cause if you fail to observe this principle there’s a tendency that you will not last long and you’ll not make it in your investment as far as bitcoin is concern.Bitcoin investment is quite different from any other investment you can think of,so as such you need to pay attention to details before investing.Though,bitcoin is the safest and coolest form of investment which i can confidently commends anybody without looking back because i know what that person will stand to gain in the end.
Already Bitcoin is a reliable asset that anyone can think of, that is why you see that people value it more than anything. So don't see any reason of asking the question because we all have already knows that Bitcoin is one of the best assets that is fast growing in value. Actually as a beginner having the besic knowledge first before venturing into Bitcoin investment is always necessary, because once you are knowledgeable about Bitcoin investment it will going help you over come some sating things. Because what most people are suffering today in Bitcoin investment is not having the proper knowledge before they joined.
full member
Activity: 97
Merit: 43
Today at 03:05:03 AM
#31
If you want to buy Bitcoin, this recommendation is completely unnecessary and  represent a total waste of time and thinking power. Why should I bother myself analyzing weather Bitcoin is an asset that will increase in value or not when I should be buying it already and storing in my wallet? Those time you are wasting with those analysis and whatever you are doing thinking you are doing something smart might turn out to throw you into confusion and make you doubt Bitcoin in the end thereby missing the opportunity of owning Bitcoin. If you want to invest in Bitcoin, just buy it already and leave complex analysis alone.
Learn about Bitcoin, technology behind this, that is innovative and game-changing, world-changing, you can have strong belief in Bitcoin future. If you need something that enlights your knowledge and belief in Bitcoin, this one.

The bullish case for Bitcoin. Reading it carefully, several times, and after you absorbed its content, you will see no demand of identification Bitcoin as an asset or not, it can be used as many things exclusively as an asset.
sr. member
Activity: 420
Merit: 339
January 30, 2025, 10:19:17 PM
#30
Before you venture into a crypto space and even thinking of investing in a bitcoin,you should ask yourself first whether bitcoin is an asset or not,we all know that asset is what adding value or appreciating with time.If eventually bitcoin is an asset how do i go about the investment aspects of it.As a newbie or beginner in the bitcoin forum these are the things you should know,because bitcoin is an electronic form of investment so as such need to know all the rudiments on how it is been operates,I have made to understand that it is important to have little knowledge about the bitcoin market system and its operation,cause if you fail to observe this principle there’s a tendency that you will not last long and you’ll not make it in your investment as far as bitcoin is concern.Bitcoin investment is quite different from any other investment you can think of,so as such you need to pay attention to details before investing.Though,bitcoin is the safest and coolest form of investment which i can confidently commends anybody without looking back because i know what that person will stand to gain in the end.

Having the basic knowledge is what should be prioritize prior to your investment because you can never learn it all  Bitcoin is still a growing asset let alone staying outside  the box and getting to know it all the rudiments just as you made mentioned, one should first figure out what Bitcoin means to him or her and understand his income flow and that of his or her discretionary income thereafter, getting started and figuring out other things down the road is the best thing to do rather than attempting to know it all before starting your investment. Bitcoin is an asset class which of course appreciate it's value over time.
sr. member
Activity: 574
Merit: 297
Trust the process, imbibe consistency
January 30, 2025, 06:55:57 PM
#29
Before you venture into a crypto space and even thinking of investing in a bitcoin,you should ask yourself first whether bitcoin is an asset or not,we all know that asset is what adding value or appreciating with time.If eventually bitcoin is an asset how do i go about the investment aspects of it.As a newbie or beginner in the bitcoin forum these are the things you should know,because bitcoin is an electronic form of investment so as such need to know all the rudiments on how it is been operates,I have made to understand that it is important to have little knowledge about the bitcoin market system and its operation,cause if you fail to observe this principle there’s a tendency that you will not last long and you’ll not make it in your investment as far as bitcoin is concern.Bitcoin investment is quite different from any other investment you can think of,so as such you need to pay attention to details before investing.Though,bitcoin is the safest and coolest form of investment which i can confidently commends anybody without looking back because i know what that person will stand to gain in the end.
If you want to buy Bitcoin, this recommendation is completely unnecessary and  represent a total waste of time and thinking power. Why should I bother myself analyzing weather Bitcoin is an asset that will increase in value or not when I should be buying it already and storing in my wallet? Those time you are wasting with those analysis and whatever you are doing thinking you are doing something smart might turn out to throw you into confusion and make you doubt Bitcoin in the end thereby missing the opportunity of owning Bitcoin. If you want to invest in Bitcoin, just buy it already and leave complex analysis alone.
hero member
Activity: 3234
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🌀 Cosmic Casino
January 30, 2025, 06:55:13 PM
#28
Bitcoin is proven as an asset, as a store of value so there is no need for a long form of debate towards this. But it's a good reminder for those who are starting with their Bitcoin investing journey. It's important for an investor, a newbie to know what they are investing and this isn't just for Bitcoin but for any investment that they will have to put their hard-earned money into. Investing blindly is still a common thing that many are doing just because somebody told them to. It's easy to give those go-signal and have them invested by just using encouraging words without letting them understand where they're investing their money. And, investing is a responsibility and that's why understanding it first is needed because you cannot blame others for your losses and if you win, you praise yourself.
full member
Activity: 203
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🌀 Cosmic Casino
January 30, 2025, 06:17:38 PM
#27
One of the ideas about what is really free to anyone is that, you get to decide on how to value it. Either as an asset or have it serve as a currency for which it was intended.
To serve in that regard, you have to have merchants out there that are ready and willing to accept it for a means of exchange now, not later. I hear there are a couple of them but, I’ve frankly not have to meet one.

However, Bitcoin having to serve as an asset of value as it is, is to the benefit of all those that are buying and holding now. That’s what you should be concerned about, buying and holding now.
full member
Activity: 504
Merit: 209
Duelbits.com
January 29, 2025, 05:51:52 AM
#26
by virtue of you profile you are a newbie but your post is connoting someone who isn't actually a newbie so i don't know which exactly you are, because i am supposing that a newbie is supposed to be learning and asking questions rather than trying to advise whereby they are supposed to have limited knowledge enough to start throwing out advise to their fellow newbies on the forum so most definitely its very likely you are not a newbie afterall, any ways this does not fail to understand that there are quiet some knowledgeable newbies out there but even with that, in a supposed new environment like this for you, you should be concerned more about learning by probably asking questions.
legendary
Activity: 1806
Merit: 1437
Wheel of Whales 🐳
January 29, 2025, 02:29:28 AM
#25
Are you giving a tip or just stating that bitcoin could be an asset?.
In this I consider a bitcoin as an asset, it can generate money like other businesses but in terms of market trends and demand of course. But in like in business once you get success on it this could be good as your cashflow there's a generating of money but in bitcoin all you need is to wait until when you want to take profit unless you are a buyer since from the dip of the market price you dont need to get worry too much about the bitcoin price no matter what because you accumulated already a gains.
member
Activity: 194
Merit: 62
January 28, 2025, 07:33:14 PM
#24
Bitcoin is often considered an asset because it appreciates over time. To invest, study market trends, understand risks, and start small while learning. Knowledge is key to success.
Bitcoin was meant to be an alternative for fiat currency, an electronic form of money that can't be controlled by the government and promotes quicker and safer form of transactions but lately due to it's ability to increase with time, people now see it more as an asset class and a good digital currency for investment purpose. Although people use it for different purpose, as a store of value, a quicker payment option however the majority now see Bitcoin as an asset cause of it's ability to keep increasing in price.

 I agree with you that for one to be successful with Bitcoin they need to have a better understanding about it, they'll need to know the right process of investing on it since it's now popularly seen as an asset class. Someone who doesn't have a good understanding about it would end up making lots of errors while trying to invest on it, for instance investing on it with the mindset of short-term goals.
newbie
Activity: 44
Merit: 0
January 28, 2025, 12:24:35 PM
#23
Bitcoin is often considered an asset because it appreciates over time. To invest, study market trends, understand risks, and start small while learning. Knowledge is key to success.
hero member
Activity: 2828
Merit: 611
January 28, 2025, 12:35:22 AM
#22
As a newbie or beginner in the bitcoin forum these are the things you should know,because bitcoin is an electronic form of investment so as such need to know all the rudiments on how it is been operates,I have made to understand that it is important to have little knowledge about the bitcoin market system and its operation,cause if you fail to observe this principle there’s a tendency that you will not last long and you’ll not make it in your investment as far as bitcoin is concern.Bitcoin investment is quite different from any other investment you can think of,so as such you need to pay attention to details before investing.Though,bitcoin is the safest and coolest form of investment which i can confidently commends anybody without looking back because i know what that person will stand to gain in the end.
Bitcoin was not intended to be an investment asset, but it was created to be an electronic form of money that is decentralized and allows peer-to-peer transactions without the involvement of a third-party. It became an investment option when people saw that it has the potential to grow in price because, unlike fiat currencies, Bitcoin has a limited supply, which makes it scarce and based on the demand and supply formula, its price goes up as the demand increases.

When someone decides to start using Bitcoin, either for investment purposes or as a mode of payment to send and receive transactions locally or globally, it's important for them to understand how it works. You can't use something if you don't know anything about it or its history. Bitcoin has a very interesting history, if you haven't read or researched about it, you should do, apart from the regrets that why you didn't come to know about it earlier, you will find it fascinating.
sr. member
Activity: 504
Merit: 389
The great city of God 🔥
January 28, 2025, 12:23:41 AM
#21
I thought we had past the era of newbies advising other newbies on Bitcoin. You need to improve your writing if you want people to be able to read your posts. Using spacing where appropriate will make your posts readable and appealing to the eyes. I suggest you read this thread: Bitcointalk posting etiquette
This won't stop as long as alts are concerned, what you should know about a newbie account with the experience of a pro is that there is always a senior man behind such a newbie account.

Because knowledge comes with time and the fact that not all newbies to the forum are equally newbies to cryptocurrency, but when newbies display some level of expertise it becomes a concern and a point to question their newbie's status, but then don't be surprised to see more pro advice from newbies in the future due to the reasons mentioned in the first paragraph.
I largely agree with you about this but there are two categories of people, because most folks here are well knowledgeable about Bitcoin before registering here on bitcointalk but when they display their high level of Bitcoin and or cryptocurrency understanding then it will be questioned. and this set of people when they come to the forum they often do beter and grow faster just like as petrol is set on fire. And they'll grow so fast and people may think it's an alt perhaps it not. While the second set of people are those that that register with zero knowledge and act as if they know perhaps they need to calm down to learn.
legendary
Activity: 3472
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January 28, 2025, 12:10:24 AM
#20
Bitcoin is not an asset, Bitcoin is money and the definition of money is a currency (ie. a medium of exchange) that can be used as store of value. This means because Bitcoin is acting as a store of value and also because it is in its early stages of adoption, its value keeps growing against fiat making it a suitable investment.

Calling Bitcoin an asset is like ignoring everything else that it offers which are far more useful.
hero member
Activity: 1344
Merit: 540
January 27, 2025, 06:16:00 PM
#19
Bitcoin investment is quite different from any other investment you can think of,so as such you need to pay attention to details before investing.Though,bitcoin is the safest and coolest form of investment which i can confidently commends anybody without looking back because i know what that person will stand to gain in the end.

To be honest, I do not think that majority here, or perhaps on the era of 2017-2020 overthink what Bitcoin is, really up to you on how you see it. During the pandemic people are going into bitcoin as a hedge on that kind of economic and world disaster and it was really effective. And then others treat is money, I still remember one member who says that he put everything in bitcoin and then just withdraw if he needed like to pay bills and survived.

Hopefully though as I newbie you have understand it already before like giving us advise. It's not that we will not take it seriously, but being a newbie, you doesn't have the experienced that most seniors have as they have been in this market longer than us.

And for sure this topic has been discussed a lot as well.
hero member
Activity: 2856
Merit: 667
January 27, 2025, 05:56:40 PM
#18
In any form of an asset or investment, one should gain knowledge and understanding first prior to investing, so that you will know how to increase the value of your asset, regardless if it's volatile or not.

However, on the question if bitcoin is an asset or not, we could have ask Satoshi if he's here because he is the developer and founder of bitcoin. But personally, I would say bitcoin is an asset because it has its store of value. It can even be considered as a hedge against inflation. Bitcoin is an asset because of its scarcity. Where there is less supply, its demand increases leaving its value also grows in time. And lastly, bitcoin is an asset because of its global use and adoption, that until now bitcoin is still used as an investment and a digital currency at the same time.
hero member
Activity: 1260
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Top Crypto Casino
January 27, 2025, 05:12:25 PM
#17
I thought we had past the era of newbies advising other newbies on Bitcoin. You need to improve your writing if you want people to be able to read your posts. Using spacing where appropriate will make your posts readable and appealing to the eyes. I suggest you read this thread: Bitcointalk posting etiquette
This won't stop as long as alts are concerned, what you should know about a newbie account with the experience of a pro is that there is always a senior man behind such a newbie account.

Because knowledge comes with time and the fact that not all newbies to the forum are equally newbies to cryptocurrency, but when newbies display some level of expertise it becomes a concern and a point to question their newbie's status, but then don't be surprised to see more pro advice from newbies in the future due to the reasons mentioned in the first paragraph.
sr. member
Activity: 476
Merit: 316
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January 27, 2025, 05:07:28 PM
#16
Before you venture into a crypto space and even thinking of investing in a bitcoin,you should ask yourself first whether bitcoin is an asset or not,we all know that asset is what adding value or appreciating with time.If eventually bitcoin is an asset how do i go about the investment aspects of it.As a newbie or beginner in the bitcoin forum these are the things you should know,because bitcoin is an electronic form of investment so as such need to know all the rudiments on how it is been operates,I have made to understand that it is important to have little knowledge about the bitcoin market system and its operation,cause if you fail to observe this principle there’s a tendency that you will not last long and you’ll not make it in your investment as far as bitcoin is concern.Bitcoin investment is quite different from any other investment you can think of,so as such you need to pay attention to details before investing.Though,bitcoin is the safest and coolest form of investment which i can confidently commends anybody without looking back because i know what that person will stand to gain in the end.
Since you know that bitcoin is the coolest form of investment that you can confidently recommend to anyone, why did you say someone needs to know if bitcoin is an asset or not before he or she should invest his or her money into bitcoin? There's no need for someone to verify if bitcoin is an asset or not because bitcoin is already in the asset class and is one of the best-performing investments in the asset class. Bitcoin investment is simple and easy to start. Newbies just need to have a steady income and invest in bitcoin with their discretionary income in such a way that it will not stop them from sorting out their daily expenses. If they invest in bitcoin in this way, they will surely become successful with their bitcoin investment because they wouldn't depend on their bitcoin to survive.
hero member
Activity: 448
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Mia's Creative
January 27, 2025, 02:39:22 PM
#15
Normally most crypto currencies can't actually be considered as assets and that's basically because of their volatility levels and how much they hold up price and also progress in price but in the case of bitcoin it's a totally different perspective. Bitcoin actually has this characteristic of how an asset is supposed to behave and that actually gives it enough ground to be regarded as an asset.
The point of an asset is basically something that can at least appreciate over time to avoid the direct effects of inflation and also play the role of an investment. Where some newbies do get it wrong sometimes is trying to classify meme coins as investments which often goes sideways.
sr. member
Activity: 1008
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Underestimate- nothing
January 27, 2025, 02:24:24 PM
#14
You need a bit of accounting knowledge to determine if something is an asset or not. If you own Bitcoin and have a balance sheet, it goes on the asset side because it holds value and can easily be sold for fiat, it’s highly liquid. Even banks consider Bitcoin entrusted to them as an asset, which helps inflate their balance sheets. However, governments disagree and argue it should be classified as a liability since the Bitcoin doesn’t belong to the bank but to its clients.

With the characteristics that bitcoin is showing you don't need a book to tell you that bitcoin is an asset and with were you would have heard about bitcoin you should be able to tell that bitcoin is more of an asset than a currency and only on few circumstances that it is seen as a currency and only few countries can even spend it as an alternative currency.

And the value can increase and decrease anytime makes it an asset to and can be sold anytime you want, those are all quality of an asset and the most important is that it's a long time investment and bitcoin is one of a kind investment and it's community keeps growing bigger and bigger and it's one of the best investment anyone can investment and even the government are trying to also invest because look at how El Salvador have been succeeding in investing in bitcoin.
full member
Activity: 350
Merit: 128
January 27, 2025, 01:52:27 PM
#13
Though,bitcoin is the safest and coolest form of investment which i can confidently commends anybody without looking back because i know what that person will stand to gain in the end.

Op you're being so naive about the concepts of  bitcoin investment. As a newbie, you don't just have to focus your mind on the profitable side of bitcoin but also consider the south side of it which could be tough for you as beginner.
Remember not every sugarcoated words are realistically genuine so, when you want to recommend bitcoin investment to anyone, also let them know the risks and temptation side of it after telling how good it's.
Bitcoin is a high volatile source of investment that's basically profitable when hold for a long time and newbies are also to adapt the habit of withstanding the ugly side of the market such as market corrections or the dip of your holding values as a cause of volatile market.
You seriously need to prepare your mind to exercise patient in not becoming a Fomo Investor so you don't feel disappointed with the expectation of steady profitability.
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