Topic: What you can benefit from investing in Bitcoin - page 2. (Read 199 times)

The two benefits I quoted are the benefits that are peculiar to investing in Bitcoin. The rest can be gotten from other investment or currency that ain't Bitcoin. Not only Bitcoin can give you the privilege of having borderless transaction and all digital currencies works with a smartphone or device just as Bitcoin does. What makes Bitcoin different and unique is that when you make investment in Bitcoin you aren't just investing in a currency but an asset that stores the value of your money. Investing in Bitcoin is taking a steps to protect your wealth against inflation. You're putting yourself incharge of your finances when you invest in Bitcoin and those are some benefits that should make you involve yourself in the industry.


When you see a developing technology or investment and refuse to put yourself in a position to benefits from that new innovation, you aren't doing anybody but yourself. What could possibly go wrong when you invest in Bitcoin, let say the industry doesn't succeed the worst that can happen is that you lose the money that you have invested but what if the industry becomes bigger than what it is currently and you're not part of it. This makes you to miss out on a chance to change your financial story. You have nothing to lose when you invest in Bitcoin, just don't invest above your limit so you don't lose more than you can afford to lose if things were to go sideways which is so unlikely to happen.

Bitcoin investment is never too late, even if it seems late because of the current price. You can always find a way to invest in it, especially in holdings. You can do DCA, where you can buy a portion of bitcoin in a certain period of time, for example, every week, depending on the financial stability of the investors. I also enter a late year in bitcoin, in 2020. I am discouraged when I see the high price of bitcoin, but the thing is, I didn't stop investing. I kept on learning and finding a way to earn in bitcoin, and it didn't go wrong because I discovered a lot of ways to earn and it came out fine because until now I can earn on my own, I can earn through my knowledge and experience. So bitcoin investment will never be too late; you just have to find a way to earn it. It's up to you on how resourceful you are.

Well said. Bitcoin has come to revolutionize the finance industry, empowering everyone to assume full control of their assets and become their own bank.


I think bank users also have private keys in the form of a short pin. In normal banking, we also have private pins used to access funds in our accounts, but we often entrust them to a third party during transactions. Examples include payment networks like PayPal and Visa, which act as third parties receiving the input of our private pin during transactions. But having full control of your asset is never guaranteed.


Well, I don't think everyone would want to try this, knowing how volatile Bitcoin is. Certainly, we often experience currency devaluation in many countries, but that doesn't mean we should convert all our wealth to Bitcoin, which can be very risky.

As a late investor in Bitcoin, I have come to realize some benefits from investing in this cryptocurrency which includes:
1: With just your smartphone you can carry out financial services.
2: In bitcoin, you have full control of your financial assets. You have ownership to your private keys which is not always available in our normal banking.
3: As freelancer who works online, you can use bitcoin to facilitate some of your transactions.
4: As a business owner or an entrepreneur one can accept payment in Bitcoin. 
5: When there is currency devaluation, one can use Bitcoin to protect their wealth even though there is risk of price volatility.

For any individual who has not invested in Bitcoin, I would advise you to give it a try. Ignorance shouldn't prevent you from investing in Bitcoin. Read, research, and gather all the knowledge you need to know about it here.