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Topic: What are the advantages of having Bitcoin? (Read 6553 times)

sr. member
Activity: 616
Merit: 251
For me the advantages of having bitcoin is that is there is an emergency and you need money you can easily convert it to your own local fiat fast and easy.
Holding bitcoin for long term also gives us some profit in return much higher than putting it on bank.
We also can do anything with bitcoin we can trade, buy online and also pay bills without the need of going to the site and fall in line for long period of time.


jr. member
Activity: 238
Merit: 1
There are many advantages of having bitcoin. You can use it to make payments internationally, it is the easiest way to make payments or any transactions. You can also earn a lot of money with bitcoin, it can really help you in financial matters, and theres many more advantages.
member
Activity: 156
Merit: 10
My advantage of having bitcoin is bitcoin serves as my emergency funds. I bought bitcoin years ago and i never cash out unless the cash in hand i have is not enough for me and my family. Thus it consider my second saving account with a high but not stable interest rate.
full member
Activity: 392
Merit: 100
You can tell your children in the future that you were one of the first believers and holders of Bitcoin =D This is a great advantage to become a hero in your children`s eyes  Grin Grin
full member
Activity: 273
Merit: 100
The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  Roll Eyes

For me its very accessible for the young people like me, I am not credible enough to berrhethe actual field where I supposed to be, and I think Bitcoin was way easier thJJobhe other job that I may be able to be involved and the profit you can get was very different.
member
Activity: 210
Merit: 10
You have the ability to own funds with a public address that isn't associated to your personal details. So you're able to receive money without the sender nor central bank knowing that it was you that made the payment. You're in essence not connected to a central bank, the bank can't follow your activity. It's the only currency that let's your money be separated from government or banks.
sr. member
Activity: 672
Merit: 250
Making money, Most people are using bitcoin to making more money because of bitcoin's price going up with times. just a year and half ago, 1 BTC  was only worth 200$, now it worth more than 6000$. So BTC is the best asset right now.
It is quite true that Bitcoin serves as a good asset for us to have as a form of investment that could give us a way for us to earn and to gain profit. Price of Bitcoin is volatile that it comes to the point that it changes drastically due to the improvement and upgrades and development.
newbie
Activity: 7
Merit: 0
bitcoin have many advantages, it is the first global currency, it means that you can send bitcoins around the world without any interruption, its transactions are easy, quickly and transparent. the first advantage that it have is, that it is a decentralized currency and any government can control it, it becomes this market easier in all senses. Nowadays bitcoin is being used in bussiness and for many importants enterprises because it is the first coin that reduce the risk of theft, thriftiness in comissions and woithout humans faults.
full member
Activity: 350
Merit: 111
The advantages? i think the fluctuating. you can buy at cheap and sell when bitcoin pump very easy and maybe u can do it 3-4x every day. if u buy bitcoin on $100 right now and u got 0.01 (for example), u can sell your bitcoin maybe on $108 on the next hour. very interesting, right? or maybe you can hold your bitcoin for long term investments dude.
newbie
Activity: 171
Merit: 0
well i think easier payments on especially on online, can send money everywhere you are as long as you have internet connection, can be carried anywhere you are. These are some I think of the advantage of having a bitcoin but the best advantage of bitcoin for me is, another source of income and advantages of having a Bitcoin that i can think of are you can make Bitcoin as an investment even if its only sitting on your bitcoin wallet and second is Bitcoin price always keeps going up because of many big companies are starting to used Bitcoin with that it becomes more popular and the more popular it become the more user who will invest
newbie
Activity: 54
Merit: 0
Bitcoin have many advantages but people know about to earn money.It can be a global accepted medium,It helpful for grooming economy of the country and it also reduce the employment as well.
newbie
Activity: 32
Merit: 0
Bitcoin's virtual currency provides efficiency, transparency, and resilience. without a mediating party in transactions such as banking. in the future virtual money will replace the fiat money or physical money we use for practically and safely, all payment transactions will be electronic, and the paper money we use may not be used. by using bitcoin, you juag will avoid the existence of manipulation of biocracy in government. In addition to some advantages, there are still many benefits that you can get from bitcoin.
member
Activity: 126
Merit: 10
In my opinion Bitcoin as a digital cryptocurrency has several advantages. It reduces risk of transfer of money, but instead is deposited in an e-wallet as digital currency for financial transactions, such as purchase and sale, obtaining the air ticket and investment.
jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
There are many advantages of having bitcoin, you have now a hidden assets that you only knows it , then the transactions in the internet are easy especially those establishment accepts bitcoin , you have now your growing investments in bitcoin and wait for your profits.
newbie
Activity: 62
Merit: 0
Now bitcoin has a lot of advantages, even i can't explain it because now i am rich that the reason of bitcoin. If you will hold only 1 bitcoin and after the year you will have a big profit from it. So it is enough advantage for me as a businessman.
hero member
Activity: 642
Merit: 500
The benefit of bitcoin is that you can pay your bill through bitcoin and you can almost buy everything if you have enough bitcoins Shocked
I guess based on real experience the advantages of having your own bitcoin is that at least you have the assurance of you have a bright future. Also its true that bitcoin today is a modern which is not requiring a degree or title holder unless you can express your thoughts precisely and accurately, eager to learn about trading and willing to start investing not bitcoin itself but also self I investments which is the knowledge. 

The Advantage of Holding bitcoin are very simple 1st advantage is the value if bitcoin increases which will directly increase your Dollar wallet through which you bought bitcoin. Another advantages is when you have sense of market that weather the rate are going up or falling on the right time you use your holding  bitcoin generate high income for you.
newbie
Activity: 63
Merit: 0
The only thing I know about Bitcoin is that it is a virtual 'money' but what are the other use of it? What are your advantages for having a bitcoin?  Roll Eyes

Obviously profitable because once bought bitcoin worth Rp 1,000 US dollars, or about Rp 13.3 million only, its value now has jumped to the range of 39,000 US dollars or equivalent to Rp 518 million.
newbie
Activity: 128
Merit: 0
There are so many advantages we will get with this Bitcoin, starting from the science of the investment world that we will get, and also we will get a lot of profit with us follow all the programs that have been provided for us work with this Bitcoin, and from the results of our work, we will be able to reuse by following the investment program from Bitcoin which will add back the benefits we will get.
So Bitcoin is an advantage for all its users to be even more in the future.
newbie
Activity: 90
Merit: 0
Bitcoin is virtual  currency, it is online located, so utter  its place in the world, when it is traded, Bitcoin does not have any evidence of transaction, where banks make many problems,bitcoin he does not have a problem, and Bitcoin is a profitable business.
full member
Activity: 294
Merit: 107
Real profits from savings
a bank gives you 7% per year, cryptos gives you 100% in a day sometimes
 Angry

That's true but keep in mind that crypto prices might vastly go down and you can quickly lose all your money because of that. Banks are more stable but this system might collapse due to growing cryptocurrencies popularity. Bank lends your money to other people and offers you a small percent of their earnings where as to buy Bitcoin you have to have a bit knowledge about how do they work, what are the dangers, what you should avoid doing etc. I would still recommend buying cryptocurrencies because they are a good store of value.
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