Topic: Reasons to Invest in Bitcoin?? (Read 2003 times)
Everything said above is true and investing in btc is a profitable investment. For me, investing in btc makes us practice controlling our emotions and assets to be able to achieve the goals we want. Even though the price of btc in the market goes up and down, it doesn't dampen my determination and continues to sharpen my brain to maintain the assets that I have. Many ordinary people think that investing in btc is risky but I think all investments have their own risks, it all depends on how the owner controls their own assets.
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My two reasons for investing in bitcoin is that I believe that someday it’s going to be a widely accepted legal tender and then price will get to the moon. In addition, I don’t want to live with the regret of not buy any bitcoin before it becomes mainstream.
on the same boat, I am sure the value of BTC will continue to rise and become more popular. we also see that the adoption of bitcoin is also getting wider, it just takes longer, patiently waiting, until bitcoin is really accepted and widely recognized.My two reasons for investing in bitcoin is that I believe that someday it’s going to be a widely accepted legal tender and then price will get to the moon. In addition, I don’t want to live with the regret of not buy any bitcoin before it becomes mainstream.
Initially I was interested in bitcoin because I wanted to earn money from the internet. I'm tired of boring office life, so I'm looking for an alternative to refresh my monotonous daily life. yes...bitcoin offers many colors in my life, this is really the best opportunity i ever got.
Bitcoin is one of those assets that providing higher returns. Bitcoin is extremely profitable .Bitcoin is the most famous cryptocurrency and gaining popularity as a form of digital gold.
Bitcoin is volatile assets. Another reason is to invest it is reliable and long-term store of value. These are the reasons to invest in Bitcoin. 🙏
Bitcoin is volatile assets. Another reason is to invest it is reliable and long-term store of value. These are the reasons to invest in Bitcoin. 🙏
There is many reason to invest in bitcoin . Bitcoin is an asset that makes profit for us. If anyone can hold for long term bitcoin will give us profit for sure. Even there are many company that accept bitcoin as payment method. For me one reason is easy transaction . And any one can transact from one country to another country without any hesitation . Bitcoin is talk of the town now. Investing is profitable for investor as like gold
I think the reason why you should invest in bitcoin is because it can offer really high returns, just look at the charts these past decade, bitcoin went from a measly 1 dollar to a 40k dollars in just a matter of a decade easy.
that's right and of course the price of Bitcoin can still increase even higher than its ATH price, therefore until now there are still many people who buy and make Bitcoin for a long-term investment, because by investing in Bitcoin then of course we can get a big profit compared to investing in gold or other investments, because the price of Bitcoin can increases very high quickly compared to other investments (gold or stocks), so that's what makes Bitcoin can be a popular investment until now.
Reason 1: You are in control of your own money - government overprint cash which devalues the dollar, but big influential people and institutions can devalue Bitcoin with a single tweet. Bad news, issues with mining, and other things out of your control can devalue Bitcoin.
As much as the price of bitcoin can drop in with a single with it has also soared as well several times in the past. For instance, the price of Bitcoin skyrocketed from around $32,000 to nearly $38,000 in January 29, 2021 because of a tweet from Mr Musk. This is just one of those few examples.
My two reasons for investing in bitcoin is that I believe that someday it’s going to be a widely accepted legal tender and then price will get to the moon. In addition, I don’t want to live with the regret of not buy any bitcoin before it becomes mainstream.
I like the last point you mentioned, the regret issue!
Really, even if there is sometimes a bit of doubt that all pans out and Bitcoin could be replaced by another new technology, that is just how technology works, I would still be mad at me if I didn't try. I believe in Bitcoin and letting doubts take control over your own belief and passion is very regrettably. If it turns out I was wrong, fine, it was worth the ride! 
I strongly believe that we are still in the early ages of Bitcoin and we all made the right decision to get involved as early as we possibly could.
Reason 1: You are in control of your own money - government overprint cash which devalues the dollar, but big influential people and institutions can devalue Bitcoin with a single tweet. Bad news, issues with mining, and other things out of your control can devalue Bitcoin.
As much as the price of bitcoin can drop in with a single with it has also soared as well several times in the past. For instance, the price of Bitcoin skyrocketed from around $32,000 to nearly $38,000 in January 29, 2021 because of a tweet from Mr Musk. This is just one of those few examples.
My two reasons for investing in bitcoin is that I believe that someday it’s going to be a widely accepted legal tender and then price will get to the moon. In addition, I don’t want to live with the regret of not buy any bitcoin before it becomes mainstream.
First I want to say that I have some Bitcoin and I want to see it go to the moon. But I have some questions regarding the reasons that people give as to why Bitcoin is a good investment. 
Reason 1: You are in control of your own money - government overprint cash which devalues the dollar, but big influential people and institutions can devalue Bitcoin with a single tweet. Bad news, issues with mining, and other things out of your control can devalue Bitcoin.
Reason 2: Nobody can take away your bitcoin whereas the bank can confiscate your cash and lock your account - should I worry about my bank doing this if I am not doing anything that is illegal?
Reason 3: You can send it to anyone in the world - why would people want Bitcoin when you cannot use it to purchase in many stores? Plus ii takes too long for 1 transaction to go through.
Please correct me if I am misinformed.
Reason 1: You are in control of your own money - government overprint cash which devalues the dollar, but big influential people and institutions can devalue Bitcoin with a single tweet. Bad news, issues with mining, and other things out of your control can devalue Bitcoin.
Reason 2: Nobody can take away your bitcoin whereas the bank can confiscate your cash and lock your account - should I worry about my bank doing this if I am not doing anything that is illegal?
Reason 3: You can send it to anyone in the world - why would people want Bitcoin when you cannot use it to purchase in many stores? Plus ii takes too long for 1 transaction to go through.
Please correct me if I am misinformed.
Honestly, Bitcoin is probably one of the last additions that anyone should be making to their diversified portfolio of assets. Firstly you should be trying to save up cash in a low risk manner, use that to buy a property that you can live in, then start to put some money into a low cost global stock market fund, once you have gotten to that point it might be sensible to look at other investments like precious metals or cryptocurrencies. While Bitcoin is the first mover and most well known, that popularity might be a bit of a curse in the long run as it's functionality as a currency is being undermined. Maybe look at a wide range of other cryptocurrency and spread it between 2 or 3 different ones for maximum uplift.
Bitcoin now can be used for long term investment
Actually and obviously people already invests bitcoin for all over the years since it got its first price value not only just now or few years ago.Investing bitcoin is one of the best choices made of all of financially literate as there are so many advantages (almost all mentioned already above) against the disadvantages of it in terms of long-term investment.
There is more than reason why anyone would want to invest in bitcoin but of one the most obvious is investment as it's digital gold which has the potential to grow in value with demand.
I should think others are investing in bitcoin because of the fear of missing out as it's heavily talked about everywhere you go especially if you hang around online forums.
Another not so obvious reason would be to try out the new technology of bitcoin.
We do have those common impression but we should always remember that invest on the amount that you could only afford to lose.We dont know on what would happen next in the market neither bitcoin would retainI should think others are investing in bitcoin because of the fear of missing out as it's heavily talked about everywhere you go especially if you hang around online forums.
Another not so obvious reason would be to try out the new technology of bitcoin.
its spot or would be replaced by something new.Basing off with the tech then its undeniable that it is already bit off compared to other projects.
Its always up to someones choice though on which one they would particularly put their money on since we do have different reasoning into your mind which we should respect out.
There is more than reason why anyone would want to invest in bitcoin but of one the most obvious is investment as it's digital gold which has the potential to grow in value with demand.
I should think others are investing in bitcoin because of the fear of missing out as it's heavily talked about everywhere you go especially if you hang around online forums.
Another not so obvious reason would be to try out the new technology of bitcoin.
I should think others are investing in bitcoin because of the fear of missing out as it's heavily talked about everywhere you go especially if you hang around online forums.
Another not so obvious reason would be to try out the new technology of bitcoin.
Those are good reasons you stated, but it's not all I guess. Another factor that really really make people want to invest in bitcoin is because its value and price. We have heard many people getting rich because of bitcoin, and don't tell me that I'm wrong but I'm pretty sure a lot of new investors came to this cryptocurrency world because they want to experience the same thing. Because they've heard that many people get rich from bitcoin, and that bitcoin is such a good investment. People want that profit as well, and bitcoin sure is such a great investment choice, so why not?
I give you these three simple reasons:
1 - Full control over your wealth (if you are paranoid enough you can have the toughest deep cold storage system and make bitcoin inaccessible even for yourself). Jokes aside this is my first reason to have bitcoin, to be able to control my own wealth
2 - 24/7 operating transacting system that works without troubles since 12 years. I can transfer my money without asking for permission to anyone
3 - Safe haven against central banks monetary policy, inflation, banking robberies, dictators and all the rest of it.
1 - Full control over your wealth (if you are paranoid enough you can have the toughest deep cold storage system and make bitcoin inaccessible even for yourself
). Jokes aside this is my first reason to have bitcoin, to be able to control my own wealth2 - 24/7 operating transacting system that works without troubles since 12 years. I can transfer my money without asking for permission to anyone
3 - Safe haven against central banks monetary policy, inflation, banking robberies, dictators and all the rest of it.
There are so many reasons to invest in Bitcoin. Main reason is that It is profitable and no loss in it.
Losses do exist in crypto, imagine getting a loan against your house and you are hoping for price to remain bullish and you bought the coins when it was at $60000 by now you would be feeling the pressure as price isnt moving in your direction as it's over 30% down. If this carries on long term you would be making a loss. And we can earn profit by trading bitcoin.Because it is easy to buy sell and exchange in crypto market. And it is valuable Coin in Crypto field.
Buying and selling as a hodler is easy but to realize profits this takes time.
I am agree with you that a Bitcoin holder is out of control of the government or any bank and it also can be sent anywhere you can. But the most important benefit of holding bitcoin is to make profit. Bitcoin is the best investment field in the crypto world and I think most of the people choose bitcoin to invest for making profit. But there has a concerning issue that its price fluctuates. So you have to gather proper knowledge on it. Otherwise you may loss your fund. The popularity of Bitcoin is increasing continuously. its price is also going up gradually. It is expected to increase its price highly in the near future. I always like to invest on Bitcoin and hold it for future. I think, it will be my best security.
For me the main reason why I choose btc investment over other investments is because I am interested in this volatile crypto market, and it will be profitable if I can store it well. Moreover it is true that we can have complete control over our assets. So the results that will be obtained depend on how we manage it. Btc is also currently recognized and accepted by many countries, so that's good, we can freely invest in it without fear of bans. Therefore, while btc is still acceptable and the prospects are still good, then we must also be able to use and manage it well so that we also get the desired results.
Investing in bitcoin does have to be good at managing finances well. Of course, we must have a mature plan and a strong foundation. Always analyze the market and the coins we will invest in.I'm sure a lot of people have bitcoin success because of this apart from their self-control. Bitcoin gives more advantages than other stocks if we are good at managing it.
We're recommending the newbies to start and invest only with bitcoin.
But there's now a trend that many newbies don't go immediately to invest in bitcoin but they're choosing some altcoins that has been told to them.
Anyway, they've got to learn it the hard way if they don't listen.
But there's now a trend that many newbies don't go immediately to invest in bitcoin but they're choosing some altcoins that has been told to them.
Anyway, they've got to learn it the hard way if they don't listen.
Bitcoin is the safest way to get into the world of crypto/Blockchain tech. But most newbies are only looking to make quick buck, so they join the hype by choosing a cryptocurrency that's the "flow" of the moment. It doesn't matter which cryptocurrency it is as long as they see it going up in price at a fast pace. Remember how many people got into Dogecoin when it went all the way to the moon? The public invests into crypto because of the hype instead of its fundamentals. It's a wrong decision that will cost people millions of dollars in the long run.
The smart money will invest into Bitcoin because it's sound money, outside the scope of governments and central banks alike. The fact that Bitcoin is the most secure and decentralized cryptocurrency in the world should be a strong argument for investors to join it in the first place. Bitcoin keeps going up in price too, so what better way to put some of your money into Bitcoin for long-term wealth preservation? Just my opinion
It is a long term store of value. You can also make profit and it has high potential. It is also an extra income and savings in the future. It can be used in online transactions such as remittance and payments. It is fast, efficient and reliable. Bitcoin's acceptance is already spreading and it is the most popular and early Cryptocurrency.
I invest in Bitcoin, simply because it is the number 1 coin in cryptocurrency. I think the status of Bitcoin as the king is enough as a reason to invest in it. In my opinion, only Bitcoin has the strongest power to survive well and have the potential to always grow its price in the future. Altcoins can lose their popularity easily because of bad issues, but Bitcoin won't be affected at all. There are too many bad issues since many years ago, but it cannot ruin Bitcoin popularity.
Indeed, newbies who start investing in the crypto world should choose Bitcoin, which is proven to be safe and reliable. People who do not have
the knowledge and experience there is still a chance to profit from Bitcoin, most importantly they can patiently wait for the target they set is
achieved. But the fact is that newbies prefer altcoins which are promoted more by influencers, newbies don't realize that influencers who promote
altcoins are usually only able to generate profit for personal gain. Finally, many newbies experience losing money when they first invest in
the crypto world, because they started with the wrong coins.
Those newbies that have followed the wrong influencers, they're pushed and encourage to buy those altcoins because they just listen to them without realizing that they're being told to buy the wrong coins.the knowledge and experience there is still a chance to profit from Bitcoin, most importantly they can patiently wait for the target they set is
achieved. But the fact is that newbies prefer altcoins which are promoted more by influencers, newbies don't realize that influencers who promote
altcoins are usually only able to generate profit for personal gain. Finally, many newbies experience losing money when they first invest in
the crypto world, because they started with the wrong coins.
It's too bad to see that when a newbies get to complain that he has lost money with the same story again. It didn't only happened once, but not only in the forum but also in other social media platforms, you'll see those misled folks by those influencers.
In the end what irritates me with the newbie's behavior is that they blame crypto as a whole for their losses. That's why I always educate my friends
and family when they get interested in crypto, that they should not rush to invest large sums. Start with small capital and always start investing
with Bitcoin first, I explained to them that Bitcoin is the most popular coin and has a fairly high demand in the market. If they have managed to make
a profit from Bitcoin, after that they can start investing in altcoins, but it also has to be able to do research and analysis on its own. In order not
to be wrong in choosing coins for investment.
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