Purpose of purchasing bitcoin! - page 2.

irhact

hero member

Activity: 616

Merit: 749

Quote from: FiveG on June 04, 2023, 11:58:41 PM

Planning helps one achieved greater goals, imagine you bought bitcoin Worth $4 thousand and you're busy withdrawing on every moves weather favourable or against you, nothing will really make sense with that because you can no longer control your finance and at the end the money will never remain the same but think about this purposeful questions like:

The main focus of purchasing Bitcoin by most individuals here is to make profits. Nobody purchase Bitcoin because it add more knowledge to what they already know about bitcoin but I have noticed, if you purchase Bitcoin, it'll encourage you to learn more about Bitcoin so you can be awareness of things happening in the market and know how to protect your investment from scammers and hackers.

For your points 5, Bitcoin shouldn't be used as gambling, take your time to study the market and you'll enjoy the benefits of holding bitcoin. Ignore the daily income and focus on the futuristic gains of holding bitcoin. Holding has always been the best way to invest in Bitcoin.

worle1bm

full member

Activity: 1834

Merit: 166

Quote from: ilovealtcoins on June 05, 2023, 12:25:47 AM

The purpose for which we all buy bitcoin is for money, for profit, nothing more and nothing less. What you mention are everyone's plans and goals, and no two will be the same. I don't think someone invests in bitcoin without a purpose. But investing in bitcoin is not for everyone, if you have a specific strategy and plan, you will succeed. But if you invest without a plan and invest blindly because you think it's easy, you will lose.

This is not correct because you are seeing it as investment purpose or considering it as an asset only but the main aim behind bitcoin creation was to provide an alternative way for payment others then fiat with decentralised nature.You see merchants and companies accepting it now so it is being used to make payments as well so your explanation doesn't sound right to me.People see profits in it so they holf it but this doesn't make it only for that purpose.

Solosanz

hero member

Activity: 952

Merit: 662

Quote from: FiveG on June 04, 2023, 11:58:41 PM

I have come realizes that many people do not have purpose of purchasing bitcoin only buy because they've money and when anything went wrong they will be to lament or query people

This only happen if you're a multi billionaire e.g. Elon Musk, Mark Zuckerberg, Bill Gates where they already have everything and just want to buy anything he don't have for fun purpose. Most of people in this world aren't multi billionaire, it's completely wrong to say people don't have any purpose when they buy Bitcoin.

Quote

1. Acquired more knowledge of bitcoin?
2. How much will involved?
3. How long do I want this?
4. What is my target in the next five years?
5. Is it futuristic or gambling or daily income?
6. Can i be an hero that can make others to be an hero's?

1. You don't need to have Bitcoin to understand Bitcoin.
2. Huh

3.

4. Depends on each person.
5. Most people use Bitcoin for long term holding, some people use for gambling.
6. Huh

ilovealtcoins

sr. member

Activity: 1246

Merit: 263

SmartFi - EARN, LEND & TRADE

The purpose for which we all buy bitcoin is for money, for profit, nothing more and nothing less. What you mention are everyone's plans and goals, and no two will be the same. I don't think someone invests in bitcoin without a purpose. But investing in bitcoin is not for everyone, if you have a specific strategy and plan, you will succeed. But if you invest without a plan and invest blindly because you think it's easy, you will lose.

FiveG

newbie

Activity: 26

Merit: 1

In life if purpose of thing is not known abuse is inevitable, I have come realizes that many people do not have purpose of purchasing bitcoin only buy because they've money and when anything went wrong they will be to lament or query people. Sometimes is good you ask yourself certain questions why am I doing this? What is my aimed for it? What is my vision or dream towards this investment. Planning helps one achieved greater goals, imagine you bought bitcoin Worth $4 thousand and you're busy withdrawing on every moves weather favourable or against you, nothing will really make sense with that because you can no longer control your finance and at the end the money will never remain the same but think about this purposeful questions like:
1. Acquired more knowledge of bitcoin?
2. How much will involved?
3. How long do I want this?
4. What is my target in the next five years?
5. Is it futuristic or gambling or daily income?
6. Can i be an hero that can make others to be an hero's?
When you begins to question most of this purposeful questions you will enjoy more benefits of becoming great with bitcoin.

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