Topic: Reasons to Invest in Bitcoin?? - page 5. (Read 1988 times)

Right, as there is no force on anyone to either invest in Bitcoin or not. those who want to invest in cryptocurrency, make sure that there is a huge risk in it and anytime the market will be crash or pump to the sky.

Bitcoin presents a revolutionary new potential in the financial landscape, as it can be used for worldwide peer-to-peer transactions without the need for banks. There are hundreds of reasons why an investor should go into bitcoin. Some of the obvious ones are:
- This technology is here to stay. It is also the most innovative technology to enter our society.
- Investing in this field has high potential returns.
- It is considered to be highly secure and safe.
- Bitcoin may be the best way to break free from the fiat system.

• It gives the freedom/security of holding your own funds which isn't possible with banks
• It truly makes you move to the next level of living, if you have the ability to hold
• As the supply is limited, there won't be any inflation as the fiat
• It is the future of payments, as a beginning we can see more number of stores accepting bitcoin
• You'll be part of the technology, and it gives the access to earn. In particular based on the learning you can make an earning through trading. Because, the market is volatile.

My opinion is, reason number 1 is temporary because when bitcoin spread evenly then bitcoin price will more stable. Most of bitcoin users use bitcoin as investment so they really care about the price movement, they also can create FUD or help FUD so the price can go down then they can buy more, it is a traders strategy. Reason number 2, I think you should obey the regulations of your country but you have a choice to own bitcoin or not, basically you can hold bitcoin although your country ban it as long as you keep it secret, I think just hold Bitcoin is not ilegal, bitcoin is not a drug or something that can hurt you, so logically countries should not make bitcoin as ilegal thing. Reason number 3, it's need time to see bitcoin mostly used for purchasing goods rather than in exchange site, and I think bitcoin transactions is much more convenient and fast rather than bank or any remittance service. Paper money is in physical form which mean you need much  physical effort to move it. Bitcoin transactions is faster than you think, usually merchants use vendor service such as coin payment and etc, I use coin payment and their service is pretty good, it take 5 to 10 minutes to complete transactions but in real life it will not be a problem, for example if we buy food in a restaurant then we don't need to worry about transactions confirmation because the merchants will receive the coin. Costumers just need to send then leave. I personally invest in bitcoin because the price will rise.

Bitcoin is part asset, part currency and part stock. Saying that it's only one of these is a lie. It has multi purpose.

Investing in bitcoin i think is the smartest one i made. I know bitcoin is the future. While others are afraid to take risk, but i know taking risk in bitcoin is all worth it. I may have losses and disappointments tody, but all these will vanish once bitcoin will reach its most expensive price and all i have is huge profits. The thing that everyone is waiting for aside from the fact that it also aim to be adopted soon as a currency next to fiat in the whole world.

Everyone has his personal reason to invest into Bitcoin. To survive, hodl, become richer, because of believe into Bitcoin etc. But the key moment in this question is new and good opportunities that cash or banks can not give, because those two have borders, limitations and different nuances. Bitcoin give people new opportunities first of all - like time economy, bordeless transactions, income and so on.

The main reason we invest is because here I make the most money, the fastest to make a profit, it's the real thing and it's true I'm going through. although, cryptocurrencies are fraught with risk. however, for anyone who understands how to trade, invest, and mine. will definitely get amazing results here.

Bitcoin is the king of Cryptocurrencies, and despite getting it banned in some countries, it still remain strong and unstoppable. Bitcoin have less security risk. It also profitable Investing in Bitcoin, but that is, if the Investor is patience enough. Bitcoin is decentralized, it is not controlled by any organization or government. I must admit, bitcoin is and have been a good Cryptocurrency to invest in.

In addition to the things you have mentioned, I will add my opinion, for me bitcoin is a very profitable investment and offers many benefits to users.
anyone can buy it in any percentage and how much they want as long as they can afford.  there is the advantage of bitcoin compared to investing in fiat or physical

Investing in Bitcoin is one of the best thing to do in terms of savings money and the reason is that Bitcoin is not a paper money to spoil and it adds value even while saving it, it can't be Freezed by any bank or government. Hence it should be taken as an advantage....

bitcoin is the best crypto asset.for a very convincing.investment, if we have a habit.of investing.this, this is a very good start to do it, moreover.this business.is not a fraudulent.investment like those in other businesses.if you feel uncomfortable.with an investment then you don't want to go into a business.after all this is back to the perception.of each of uswhether.you want to or not you jump in this investment, then the choice is given to you alone

My reason to invest in bitcoin is because bitcoin has been survive since 2011 and the price is keep rising every single year, i know my reason is very simple but for me this is the important thing for me to invest on bitcoin.

I'm glad you know a thing or two of bitcoin and investment. You know also about how government and its agencies works in order to manage the affairs of it's nation. They all come together to ensure some balance in nature bit then, let me ask you this @OP?

1. Did you expect bitcoin or cryptocurrencies to be perfect without any flaws or challenges at all?
2. Have you ever seen or know of a thing, be it asset or policy of some sort without any flaw or challenge?

The variation and flaws 8n a system exists so there is a chance to choose and that humanity doesn't go sole on a particular aspect of it's essence. This is life, you select the one that is convenient for you and you deal with it.

On why you should invest in bitcoin, its because, its an asset of value. Despite the fact that it could serve as a currency, its a currency that 1 doesn't stay one. Its value can be hyper and its purpose is variable.

There will still be those people, institutions and government that cannot see the full potential of bitcoin in this modern generation. But to us who have a background of it and understands well about its features and having a limited supply.
We all shall see the true potential that it can give to those who will start bagging it.

To hedge against inflation that was caused by the stimulus packages.

That's how the economic principle works, when demand is high and supply is limited, prices will increase. how important it is to understand well what you are going to invest in. regardless for long or short term, we should know it well. With a combination of technical and fundamental analysis, you can get a great opportunity to take profit. even if you don't have the ability to do market analysis, then use a way to save, and see what you will get a few years later.

this decade is enough to prove that btc has great potential. although in the future the price will continue to change, it can again make new record highs or lows. so be prepared with all the risks. Keep in mind that big profits are always accompanied by big risks.

It will increase as you've understand the importance and effect of having a limited supply. It will create scarcity and that's going to be the trigger to make the prices up.
Good luck with your journey, you just have to enjoy the ride.

Your information is correct upto a certain extent OP.
But i guess these reasons are not only restricted to BTC only, rather this applies to other alt coins too.
Moreover for me the main reason to buy the coin is it’s price and scope.
Many Traders have already predicted that BTC will change the crypto world soon in the future, and therefore i am buying the coin whenever i have some money to spend.
Hope OP i have added a little extra info for you to debate upon.

Intitally, limited supply of bitcoin is the best thing to me and that's why i love bitcoin and this forum. Though my journey is started, but hopefully bitcoin will increase more likely gaining more knowledge about it.