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Topic: Reasons to Invest in Bitcoin?? - page 3. (Read 1929 times)

full member
Activity: 1008
Merit: 141
July 29, 2021, 01:56:00 PM
snip
The thing I like most about Bitcoin is that it really makes it easier for us to do anything with our funds, especially transactions.  Bitcoin really makes us free from third parties and banks when transacting with others, besides that its value is also increasing which makes many people interested in investing in Bitcoin.
hero member
Activity: 1792
Merit: 871
Rollbit.com ⚔️Crypto Futures
July 29, 2021, 01:54:09 PM
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.  Kiss
Might not be a popular choice but for me its the high risk and high reward bitcoin has obviously, It's incomparable to any asset out there that can give a high return on investment in a short period.

For such a high profiled asset there is no need of boardroom meetings to invest in it, it's with a few clicks and you are on your way to earning interest from your 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.  Shocked
Total control is one hell of a reason and I think it's one of the reasons that makes bitcoin loved by the people and hated by the government.
copper member
Activity: 226
Merit: 1
RangersProtocol.com
July 29, 2021, 01:21:50 PM
I love investing in BTC because it makes me financially free and has absolute privacy, and I personally love technology and BTC is my investment choice, no BTC positions can still be stored for a long time and in the future BTC will have a high value, I am sure of this.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
July 29, 2021, 11:50:36 AM
The reasons are many, but mainly I think that apart from that it represents technology, bitcoin represents money and the elimination of debt, apart from that many influencers in the world have adopted Bitcoin, as well as the country "El Salvador" adopted Bitcoin, this causes In the market much more demand, apart there is an article where an analyst recommends BTC, which gives a win-win prediction:

Bitcoin analyst talks about the ‘opportunity’ in the current market

Quote
BTC analyst, Benjamin Cowen in a recent video presented optimism about Bitcoin’s supposed exit from the Sandbox. He said:

“After spending the summer in the sandbox, the price of Bitcoin may be finally coming out of it. We still need more time to tell, but momentum is with us for now. Whether we leave it now or later, it is more or less a win-win opportunity.”
Source: https://ambcrypto.com/bitcoin-analyst-talks-about-the-opportunity-in-the-current-market/

I think it is a great opportunity for those who still have doubts about Bitcoin, this may be a good time to buy and invest.
sr. member
Activity: 1428
Merit: 252
July 28, 2021, 05:56:47 AM
The reason why I invest in Bitcoin is very simple. I just think that as an investment means in the long run, its value of preservation will be much stronger than other investment means or fiat currency. In the long run, I don't care about its rise or fall in the short term, I only see the future returns.

There is no doubt that investing in bitcoin for the long term is something that we must do, seeing market conditions and the number of large global companies investing in bitcoin makes me believe we can get at least 10x profit in a year.
full member
Activity: 936
Merit: 100
July 28, 2021, 05:20:56 AM

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.


this is the weakness of bitcoin that probably not many people know. The influence of the great man is very clear. at this time we can only see the positive side of bitcoin without realizing the negative side
hero member
Activity: 1414
Merit: 915
🇺🇦 Glory to Ukraine!
July 28, 2021, 04:28:07 AM
The most useful thing is, You can send money to anyone in this world. No need to wait long time. And also bitcoin is the most popular and demanded cryptocurrency, So if you hold for long time, It canbe make you profitable. The big companies interest in bitcoin is noticeable.

Yes, I agree. Some companies want to make easier, faster and cheaper ways to send bitcoin through their services, in places where internet are not possible or needed like if you're a businessman in a remote place in some desert, in Africa.

And all this is only possible when bitcoin becomes a currency, when people start using it as money.
member
Activity: 868
Merit: 12
July 28, 2021, 03:02:44 AM
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.  Kiss

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.  Shocked

You should be less worry about whatsoever actions the government will take on bitcoin in respective of country you live in. Probably because I don't think a single government of just one state can decide what bitcoin fate holds. The more some country's government tries to ban, the much more some other country's government accept it.

We are in a digital world, the whole world is evolving so as humanity. And why stop now, when the do called bitcoin is yet to reach the highest of its peak.

I'll rather put all my life savings in bitcoin rather than having one institute control my money for me.

Decentralisation it is though.
sr. member
Activity: 1218
Merit: 279
July 28, 2021, 02:36:38 AM
Because everyone want to earn good profit by invest some money ,and we want to invest money in good project,and bitcoin is very good project to earn very good profit in very short time.And more in past few days we have seen the price of bitcoin increased,and we have got very good profit,which other platform can not give us profit like bitcoin ,and there are many more reason to invest in bitcoin platform.
actually besides bitcoin there are also other avenues and other options for a good investment. but the facts in the field that bitcoin has the greatest potential to quickly generate profits. in terms of the price of bitcoin has the highest price and also greater profits keuntungan
Bitcoin is very secure, it has less security risk. I always consider Bitcoin to be a very good investment platform. It also have low fees. With bitcoin, one can basically send value to anyone around the world, it has no boundary.  Bitcoin is the king of cryptocurrencies, and is very profitable. There are other reasons why people invest in Bitcoin.
sr. member
Activity: 896
Merit: 279
July 28, 2021, 02:12:12 AM
The most useful thing is, You can send money to anyone in this world. No need to wait long time. And also bitcoin is the most popular and demanded cryptocurrency, So if you hold for long time, It canbe make you profitable. The big companies interest in bitcoin is noticeable.
newbie
Activity: 23
Merit: 1
July 28, 2021, 02:02:58 AM
Bitcoin sparked a revolution that motivated many people around the world to dive into this world and try their luck. 
We all know that the main reason why people are so willing to invest in Bitcoin is the fact that it can turn them into overnight millionaires. 
full member
Activity: 257
Merit: 102
July 28, 2021, 01:18:40 AM

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.
Your are really in control of your own money but not it's value. An influential people can affect Bitcoin. If they advertise it in a good way, sure that it has agood impact but if they spread news that was not even true or against bitcoin it can devaluate its value.

Quote
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?
Nobody can take it away unless you tell them how to access it and also there's a hacker somewhere so it was better to secure your bitcoins. Bank can't take your bitcoins unless you convert to fiat already and do something against their policy. It was decentralized and government can't regulate you about it.

Quote
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.
I think some countries anyone can purchase in stores using bitcoins and in the next few years every stores will adapt to it too.

Bitcoin is a really good investment if you already know how to handle it and how it works. In a short term and long term.


hero member
Activity: 1750
Merit: 520
Leading Crypto Sports Betting & Casino Platform
July 28, 2021, 01:17:02 AM
There are many different reasons to invest in bitcoin. Bitcoin is decentralized and peer-to-peer. We can use bitcoin as a payment method or a place to make a profit without being controlled by a third party. Bitcoin and crypto are hype, this is why many people invest to get rich quick.
member
Activity: 770
Merit: 12
Trphy.io
July 28, 2021, 01:16:08 AM
Because everyone want to earn good profit by invest some money ,and we want to invest money in good project,and bitcoin is very good project to earn very good profit in very short time.And more in past few days we have seen the price of bitcoin increased,and we have got very good profit,which other platform can not give us profit like bitcoin ,and there are many more reason to invest in bitcoin platform.
actually besides bitcoin there are also other avenues and other options for a good investment. but the facts in the field that bitcoin has the greatest potential to quickly generate profits. in terms of the price of bitcoin has the highest price and also greater profits keuntungan
on the other hand the largest capitalization is in bitcoin, so many people feel safe investing in bitcoin. I think after investing it takes patience to wait for the price to return high, and we have to leave the market, so that the profit we already have can be taken instead of burning out of greed
copper member
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
July 27, 2021, 08:50:23 PM
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.  Kiss

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.

Lol, you just said that big influential people can "devalue" bitcoin with a single tweet as a reason why people should invest in bitcoin. So when they do that, just invest more. You will be helping the price to go back up and in the long run, you will also be making more profit.
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?
If you aren't doing anything illegal, the banks won't lock your account. And no, if you acquire those bitcoin illegally, your government can confiscate your bitcoins depending on the law of your country.

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.
It is because bitcoin hasn't gone mainstream yet. There are stores that you can find online that accepts bitcoin. Give it a few more years and maybe we will be spending bitcoin on physical stores. And for the transaction confirmation delay, I am sure we will come up with a solution one day.
hero member
Activity: 2772
Merit: 576
July 27, 2021, 04:34:44 PM
because this business.is very good for us.to benefit significantly.and also the way this business.works is.very transparent.and also so easy for beginners.who want to do this business.in any case.and don't need to be complicated.to sell.or buy it.again, because this.is it.The reason I entered.the world of bitcoin was.to study.it seriously.and also how to get as little profit as possible
It's not easy for beginners to succeed in investing in bitcoin.

I've seen a lot of newbies give up too early because they were discouraged by just looking at the correction. They're here for the quick profit and although that's possible with their good timing.

But it won't be the same for everyone.
legendary
Activity: 1414
Merit: 1108
July 27, 2021, 03:41:19 PM
One major reason why most persons invests in bitcoin is because of its dominance. Bitcoin has been known or seen to dominate the market or crypto space so well that, you can barely think of the word crypto without thinking of bitcoin, it's virtually not possible. The world has come to know cryptocurrency becuase of bitcoin, a privilege it enjoys by being the first and so does it as an investment choice. For this reason, bitcoin has endured a staggering growth in the crypto sphere that so many forget or do not even think of the possibilities that exists in mining or purchasing of altcoins.

Bitcoin is believed to be the currency of the future, at least it could serve for most things, it stands as an asset of value and has stood the test of time in over a decade. The fact that, its yet to reach its full potential is one of the reason why its investors find it more promising a lot. Bitcoin would continue to strive and even as a scared commodity, it would strive still.
jr. member
Activity: 546
Merit: 1
July 27, 2021, 02:56:36 PM
Because everyone want to earn good profit by invest some money ,and we want to invest money in good project,and bitcoin is very good project to earn very good profit in very short time.And more in past few days we have seen the price of bitcoin increased,and we have got very good profit,which other platform can not give us profit like bitcoin ,and there are many more reason to invest in bitcoin platform.
jr. member
Activity: 45
Merit: 1
July 27, 2021, 01:17:11 PM
Bitcoin’s value has been going up for the past couple of months. After the cryptocurrency finally managed to stabilize at the beginning of 2020, experts predicted that it will rise and possibly break the 2017 record. Not only did Bitcoin reached that milestone at the end of the year, but it breezed past it. As of the end of February 2021, the price for 1 Bitcoin exceeds $50,000, which makes this cryptocurrency as valuable as gold.We all know that the main reason why people are so willing to invest in Bitcoin is the fact that it can turn them into overnight millionaires. You can earn Bitcoin by mining it and buying it at a lower price than the one you hope to sell.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
July 27, 2021, 01:11:47 PM
some people think for the long term of course bitcoin is the main choice.
Moreover, the power of bitcoin's dominance in the market is very strong, of course making bitcoin the main asset in the market. why don't we have it?
most importantly, bitcoin will not cheat us for money that will be gone forever. because when it dumps there will be a pump.
but the thing to consider, investing in bitcoin will require large enough capital to get big profits too.
we have gone through several years of bitcoin development. we've seen bitcoin at the bottom and reaching new peaks. bitcoin will never die.
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