Because it is the easiest investment to have?
It could give you a huge profit if played right.
Easy to buy or sell anytime you want.
You could hold your own investment if you want (By putting it on your hardware wallet).
Topic: Reasons to Invest in Bitcoin?? - page 9. (Read 1929 times)
Bitcoin is a very good way to store value. It has its own unique characteristics and has a large number of believers. Investing in Bitcoin can store value for your funds and avoid certain risks.
Bitcoin is also fast and easy to use, all one needs is a internet connection. Bitcoin can't be stolen from a wallet, expect the hacker have access to that wallet. Also Bitcoin users have full control over their money. It doesn't have any Central Bank. With Bitcoin, you can be your own Bank. 
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.
You can escape with the taxes of the government with the use of the bitcoin but you cannot escape the transaction fees of course, also not totally having a 100 percent control of your money again the market is volatile you cannot handle the value of it still you are the responsible in decision making to hold or not.
Reason 2: Nobody can take away your bitcoin whereas the bank can confiscate your cash and lock your account
In my country, there's a bank accepting the use of cryptocurrency for storing their funds as long as you did store the one of the most important seed is you are still safe.
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.
There are many stores today accepting the use of the bitcoin payment as long as you send the bitcoin with the address p2pkh, p2sh and Bech32.
Bitcoin is a very good way to store value. It has its own unique characteristics and has a large number of believers. Investing in Bitcoin can store value for your funds and avoid certain risks.
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. 
All you have said are right and I have found one reason why people are investing and taking this opportunity is that they can make a huge money from here. Nothing else.Some are just an excuse and alibi why they are here. Not all investors had to look at those things but they just focus on how much they will get from Bitcoin investment. Even you, you are asking Bitcoin to go to the moon because you want to double, triple... your money. That is all about.
very promising to be able to collect a lot of money.
That's a misleading reason if you're saying that someone can collect a lot of money from it. You actually don't collect without any investment but if you have some ways of collecting it like mining or working and getting paid with bitcoin. That's how you do it but it could be misleading for some reading it at the first time.That when someone reads about bitcoin, they might think that it's just an actual collecting of money and anyone who owns it doesn't have any risk to take because we're just collecting money.
One more thing is the trend and pattern of bitcoin since 2011 is keep rising year by year, when everyone said bitcoin die or etc Bitcoin keep prove it wrong.
and before we decided to invest on something make sure we use money we can afford to lose.
and before we decided to invest on something make sure we use money we can afford to lose.
The reason on why i do invest with Bitcoin;
-Anonymous
-P2P transactions
-Be your own bank
-Irreversible
-Cant be controlled
-You do have opportunity to earn
Its up to someones view but for sure majority will really be having the same view in regarding to this.
This is why it is getting soo much support.
-Anonymous
-P2P transactions
-Be your own bank
-Irreversible
-Cant be controlled
-You do have opportunity to earn
Its up to someones view but for sure majority will really be having the same view in regarding to this.
This is why it is getting soo much support.
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 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.
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.
that's why I also like crypto when it comes to digital assets. full ownership without time limit and without other authority. and if you look at it from an investment point of view, bitcoin is the best choice when it comes to big risk investments. more worth it than any other risk investment.
We invest in order to get a return on that investment.
No other company, stock, or other vehicle of investment has grown to the value that bitcoin has grown to in the short amount of time that bitcoin has had.
So how about because no other investment option will pay off quite as much as bitcoin over time... at least nothing else would be as certain as bitcoin.
No other company, stock, or other vehicle of investment has grown to the value that bitcoin has grown to in the short amount of time that bitcoin has had.
So how about because no other investment option will pay off quite as much as bitcoin over time... at least nothing else would be as certain as bitcoin.
A single reason that is enough to invest in Bitcoin and it is a peer-to-peer decentralized electronic currency system. That's all you need, everything under your control. Doesn't matter what is the current price, because the price would change but the goal of Bitcoin will exist the same forever. And that goal help to achieve Bitcoin in its current position and the worldwide population now involving with Bitcoin.
Another is a financial benefit since Bitcoin is a high volatile coin, so we are taking advantage of that. We may make handsome money from Bitcoin if we can hold with patience. Holders are always gainers, just a matter of patience.
Another is a financial benefit since Bitcoin is a high volatile coin, so we are taking advantage of that. We may make handsome money from Bitcoin if we can hold with patience. Holders are always gainers, just a matter of patience.
We know that Bitcoin is one of the best valuable digital crypto in the cryptocurrency market.If we can investment Bitcoin in the cryptocurrency market we will be benefited.There are a lot of reasons to invest Bitcoin.If we invest Bitcoin,I think that it creat our best future.If we invest Bitcoin we also get day to day payment.We also believe that we control our own money.If we invest Bitcoin we can sent money in the worldwide.So we believe that it's the main reason to invest Bitcoin.
very promising to be able to collect a lot of money. Yes, that's my main reason. and if you want to invest according to what I know it's very good because today's increasingly sophisticated world will definitely use the best technology and crypto has made all that easier. So, if the main reason is profit I think there is no need to mention another reason to explain the reason for investing in bitcoin.
One reason I can think on top of my head besides the ones that you have provided OP is that it helps you protect your money from inflation which is getting worse every year and you don't want to end up with less purchasing power if you can prevent that from happening.
There are a lot of reasons why you should invest in bitcoin. I'll mention some of mine. First is because it prepares us for the future, we all know someday bitcoin will have a special spot on the world's financial system. Next is because it enhances your living in many aspects, not only financially but also your strategic and earning skills. Lastly, it helps you grow as a human being each and everyday as you find new ways on how you can cope up on the continuous changes happening in the market. It's not all about the money but also your well-being that is being improved as you invest and commit to bitcoin.
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.
I think that most of people see bitcoin as an investment rather than a day to day payment method, sure many peoeple will say that is untrue but he reality of things is that bitcoin is currently not optimized for microtransactions, sure for people who do thaousands of dollars per transaction won't feel the weight of the transaction fee, but for somone who is trying to buy somthing off the internet and wants to use bitcoin has to pay half of that in fees, the point is bitcoin is good but it could be better if we can use it for microtransaction to buy things quickly. 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.
Bitcoin is versatile wherein it can be both a currency and an asset at the same time depending on how you will use it. Most people are more likely investing into Bitcoin because of its value and undoubtedly they are wanting to obtain or acquire a single Bitcoin or even a big part of it for own personal use of course. We do have different reasons why we tend to invest into Bitcoin and the most important thing is that we make use of it effectively to boost its full potential as a currency and as an asset depending on the usage you want it to be.
In fact, there are many reasons for bitcoin to be used for various things, including investments that are often used a lot, there are also gambling to play and also shopping for those who already support it, so this can be said that the value of useful assets is included in all the options we use for our purposes. his.I myself tend to invest with the hope of quick profits and also with high risk but behind all that I know which one to take because bitcoin has now become commonplace in any freedom.
Long-term investment is something that we often hear from various investors.
Every four years this crypto asset also experiences a halving for the amount of Bitcoin it produces to keep its supply constant. In 2020 Bitcoin experienced a halving, and after the halving the price of Bitcoin also proved to be more expensive because it was increasingly difficult for Bitcoin to be obtained while the demand for BTC continued to grow, not only retail investors but also institutional investors. Therefore it is estimated that the price of Bitcoin in a few years will increase, because the demand is greater than the supply.
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.
In my opinion, one of the reasons why most people want to invest in BTC is because of the possibility of a high return in the future and you have full control over your investment. Moreover, we're looking forward to a cashless payment system which is why the majority of BTC supporters believe that BTC is the future of digital payment systems.
Well you may be right, but I am not so much in support of your counter of the first point. Alright, the whales can make one tweet that can devalue Bitcoin, yes I agree to that. But have you checked the lowest of Bitcoin in the past years? Bitcoin went from below $10,000 to a price of over $60,000. During the last bull run the price reached almost $20,000 before it crashed to a low price, but not as low as it was before that bull run started.
Now, this year, the price reached $60,000, which is three times the last all time high price (ATH) and when it started falling, it didn’t drop to below the last ATH, rather it stopped at $30,000. So how exactly has it been devalued? This is rather a price correction and now is the best time to invest if you have plans to hold till the next four years or so, because you already knows that even if it falls again it won’t fall as low as this.
Now, this year, the price reached $60,000, which is three times the last all time high price (ATH) and when it started falling, it didn’t drop to below the last ATH, rather it stopped at $30,000. So how exactly has it been devalued? This is rather a price correction and now is the best time to invest if you have plans to hold till the next four years or so, because you already knows that even if it falls again it won’t fall as low as this.
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