Different from me, I like Bitcoin besides the price and relatively fast movement, increasing profits is also easy to achieve, besides that Bitcoin can be used as a sale and purchase transaction for real goods, that's the reason I like Bitcoin.
With me knowing Bitcoin, I don't have to work too hard, just sit back and trade or invest.
Topic: Reason I love bitcoin (Read 164 times)
Is it a good sign to have when people start making the "I love Bitcoin" merit-farming posts in the Indian sub. I'd say its not really a problem and would be willing to merit these posts if they consisted of an actual experience rather than generic statements about "Bitcoin is king". There is so much to share truthfully if you have actually been into Bitcoin.
You can talk about your efforts to get merit, experience of accessing using your private keys, what kind of wallets you used, what communities you were part of, what mistakes you made. Coming up with these sorry statements only makes you appear more scammy. You can even write Hinglish if you prefer. But the language should make sense and have content that tells of your honest experiences.
You can talk about your efforts to get merit, experience of accessing using your private keys, what kind of wallets you used, what communities you were part of, what mistakes you made. Coming up with these sorry statements only makes you appear more scammy. You can even write Hinglish if you prefer. But the language should make sense and have content that tells of your honest experiences.
Earlier in 5-6 years before i adopted bitcoin as a payment system but now i totally stopped using it due to high transaction fees.
few months before i have noted just to sent $100 the transaction fees i was charged $40 or above.
Now i hate btc as payment. I only consider it as invest as said buying in lower price ans sell it when price is higher.
Paying 40 on transacting 100 is pretty much stupid. You either used a centralized service or don't know how to set fees on your desktop/ mobile wallet. When the fees are high, it is never cool to transact and this is why the Lightning Network was proposed. It is slowly growing into adoption. Maybe try that out and let us know how it makes you feel. You can tag people on twitter who will send you a few sats to check the LN if you provide them an address. Search for @Lord Fusitua of the Republic of Tonga. few months before i have noted just to sent $100 the transaction fees i was charged $40 or above.
Now i hate btc as payment. I only consider it as invest as said buying in lower price ans sell it when price is higher.
Earlier in 5-6 years before i adopted bitcoin as a payment system but now i totally stopped using it due to high transaction fees.
few months before i have noted just to sent $100 the transaction fees i was charged $40 or above.
Now i hate btc as payment. I only consider it as invest as said buying in lower price ans sell it when price is higher.
There is no reason to hate Bitcoin as payment if you do not understand one simple logic and that is when the USD value of Bitcoin increases automatically the transaction fee also increases. I am still able to send Bitcoin by paying a fee between the range of 1 to 12 satoshi. Do always check mempool.space before transferring Bitcoin. This website will help you to determine what satoshi amount can be paid for transactions. If you use any exchange then they have their own fees which are always high. few months before i have noted just to sent $100 the transaction fees i was charged $40 or above.
Now i hate btc as payment. I only consider it as invest as said buying in lower price ans sell it when price is higher.
Earlier in 5-6 years before i adopted bitcoin as a payment system but now i totally stopped using it due to high transaction fees.
few months before i have noted just to sent $100 the transaction fees i was charged $40 or above.
Now i hate btc as payment. I only consider it as invest as said buying in lower price ans sell it when price is higher.
few months before i have noted just to sent $100 the transaction fees i was charged $40 or above.
Now i hate btc as payment. I only consider it as invest as said buying in lower price ans sell it when price is higher.
Every one have different reason to love bitcoin some reason are bitcoin have a great security system, privacy and more you can do easily trade in any exchange without any dout bitcoin always successful so without any fear you can hold for long term
The reason why I love Bitcoin is because of privacy, security, anonymity, and many more. You can trade in Bitcoin network with fully privacy without knowing whom you are trading with and it is a very good investment in long term because of its good return Because the price keeps going up and the most important it gives you fully security you don't need to worry about it. It is very secure on digital trade.
Bitcoin is the excited coin ever because we are always waiting for its height and never for its loss. It is the only coin due to which other coins are affected that's why we love it and we are still working on it. It is the best coin ever.
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This is where we need to understand that bitcoin is meant to be hold for the long term to reap out good profits.
Definitely, but it also depends if there is no fall of price and if the available amount is not huge it's not advisable to keep trading.eThis is where we need to understand that bitcoin is meant to be hold for the long term to reap out good profits.
Take a look at Bitcoin. Bitcoin rules for life , it's like a king where other cryptocurrencies are under, a chief among competitors. Am glad thousand of persons are going into Bitcoin investment everyday and it works well for those who understand about it. Bitcoin really favours those who go into longtime investment not for those who want immediate returns of profit.
Volatility of Bitcoin is always constant, it's a normal thing and when the price of Bitcoin drops, that's the best time to get a bitcoin. Bitcoin been the first cryptocurrency is future of the incoming generation. I'm happy to found Bitcoin
Volatility of Bitcoin is always constant, it's a normal thing and when the price of Bitcoin drops, that's the best time to get a bitcoin. Bitcoin been the first cryptocurrency is future of the incoming generation. I'm happy to found Bitcoin
Speaking from a trading perspective(although bitcoin was meant to be used as a P2P payment method)
Bitcoin is indeed a good investment in the long run because of it's huge returns and the huge returns has become a reason why many people are diving into the bitcoin investment.
Many people don't really understand what bitcoin is all about and are in it just for the sake of high profits.
I am quite sure that since bitcoin dipped recently many would have invested in it and since it dumped more those people would have faced a panic and some would have even panic sold their bitcoins.
This same situation happened back in 2017 as the hype was really great at that time and as many investors hopped in the price peaked and then the crash drained them all out.
This is where we need to understand that bitcoin is meant to be hold for the long term to reap out good profits.
Take a look at Bitcoin. Bitcoin rules for life , it's like a king where other cryptocurrencies are under, a chief among competitors. Am glad thousand of persons are going into Bitcoin investment everyday and it works well for those who understand about it. Bitcoin really favours those who go into longtime investment not for those who want immediate returns of profit.
Volatility of Bitcoin is always constant, it's a normal thing and when the price of Bitcoin drops, that's the best time to get a bitcoin. Bitcoin been the first cryptocurrency is future of the incoming generation. I'm happy to found Bitcoin
Volatility of Bitcoin is always constant, it's a normal thing and when the price of Bitcoin drops, that's the best time to get a bitcoin. Bitcoin been the first cryptocurrency is future of the incoming generation. I'm happy to found Bitcoin
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