Why are you interested in bitcoin? - page 7.

wxa7115

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Bitcoin is GOD

Quote from: jokers10 on February 06, 2023, 12:05:57 AM

Quote from: Best_Change on February 05, 2023, 04:06:34 PM

We like the ideas of decentralization: independence, reliability, immutability.

Our dream is not about expensive bitcoin, but about using it everywhere. We don't care how much someone can earn on this, if the work is paid not in dollars per hour, but in bitcoins per hour.

I can agree with your words but deflationary nature of bitcoin which makes it more expensive with time is also important in some way: you can not worry about if your holdings will depreciate and if you lose your pension or smth like that. So it is so easy holding bitcoins and being calm that it is a very important part of bitcoin for me. It is not important that it can grow up high or not, it is important that it will not depreciate.

The fixed upward limit on the supply despite being so simple is one of the most innovative aspects of bitcoin as not even gold has that limit, this makes bitcoin the hardest form of money ever created, and when we consider all the other characteristics of bitcoin it becomes obvious why is so expensive.

And as the years go by and bitcoin keeps getting more expensive while fiat keeps losing value it becomes more difficult for governments to convince their citizens to not invest in bitcoin when the benefits of doing so are so obvious.

QueenVera

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Quote from: Raceonsucced on February 05, 2023, 08:14:17 AM

Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?

There are so many reasons why I'm now interested in Bitcoin, at first it started as I was looking for means to increase my financial capabilities and it turns out that it was possible if I Invested on Bitcoin. As I grow in the industry other reasons like its decentralization, anonymity, less time consumption and very effective means of sending borderless transaction has came me going and of course it's price appreciation is another factor.
With investing in Bitcoin, you can be assured of having a financial stress free life without having to put much time into monitoring your investment. You just buying and holding is enough for you to benefit all that the future holds for the currency.
If you invest in Bitcoin, I don't see any discouragement that can change your mind. Even though you were to lose all you have made from trading or investing in the market, other factors would keep you interested and make you want to start all over again.

jokers10

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Quote from: Best_Change on February 05, 2023, 04:06:34 PM

We like the ideas of decentralization: independence, reliability, immutability.

Our dream is not about expensive bitcoin, but about using it everywhere. We don't care how much someone can earn on this, if the work is paid not in dollars per hour, but in bitcoins per hour.

I can agree with your words but deflationary nature of bitcoin which makes it more expensive with time is also important in some way: you can not worry about if your holdings will depreciate and if you lose your pension or smth like that. So it is so easy holding bitcoins and being calm that it is a very important part of bitcoin for me. It is not important that it can grow up high or not, it is important that it will not depreciate.

noorman0

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[Nope]No hype delivers more than hope

Quote from: dothebeats on February 05, 2023, 06:59:31 PM

Profit? Investment and asset value security? I mean, there's a ton of things that people can just throw around here and there, but the main reason would surely be money. A lot of people here are hypocrites if they say that money isn't the moving factor why they invested in bitcoin. Only hardcore cryptography and programming enthusiasts can say otherwise. But yeah, money and financial freedom - that's what your goal should be if you want to invest in bitcoin.

I can't say it's hypocritical if you ask “how did you start”, that's right about profit. But the more you get into the system (regardless of whether you are not a programmer), you will experience many benefits beyond just portfolio growth.
People have to step outside the trading sphere every once in a while in order to gauge that bitcoin can do something more than fiat.

Gallar

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Quote from: Raceonsucced on February 05, 2023, 08:14:17 AM

Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?

everything related to bitcoin makes me interested, one of which is in terms of payment, in terms of ownership, and a decentralized system.
of the many interesting things about bitcoin, what made me most decide to buy bitcoin is decentralization.
for me decentralization is very interesting and very unique, which is certainly rare in other currencies.

crypticj

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Two reasons. Bitcoin is a good investment. And bitcoin is the money of the future. You don't need a bank to buy, sell or use it. It's crazy important right now when officials try to controll your every move and can ban your bank account if they want.

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Quote from: Raceonsucced on February 05, 2023, 08:14:17 AM

Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?

I personally might because the return is very good or it can also be used as a promising income and has the potential to guarantee the future or old age, besides that it has the potential to revolutionize the way money works in our society.
and bitcoin also offers a decentralized, secure and transparent way to store and transfer money and all that makes things as simple as possible, and this makes it attractive to both investors and myself looking for alternative investments and what's more attractive about bitcoin is its freedom and being my bank Alone.

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Quote from: Raceonsucced on February 05, 2023, 08:14:17 AM

Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?

I also want to ask you, why you are interested in bitcoin. I don't want to be hypocritical like the people who always say morality here, I care about bitcoin because I need money, bitcoin can bring me to profit as well as can make me rich, while the other investments can't help me. Because the volatility as well as the sharp rise in the price of bitcoin can make me more money than other asset classes.

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Quote from: dothebeats on February 05, 2023, 06:59:31 PM

Profit? Investment and asset value security? I mean, there's a ton of things that people can just throw around here and there, but the main reason would surely be money. A lot of people here are hypocrites if they say that money isn't the moving factor why they invested in bitcoin. Only hardcore cryptography and programming enthusiasts can say otherwise. But yeah, money and financial freedom - that's what your goal should be if you want to invest in bitcoin.

Even if it's a programmer, their goal is the same as ours, it's money, if passion does not make money, that passion is not worth pursuing. Let's say bitcoin is a technology, but if it's not profitable, I believe they won't care about it either. We all need to eat to live and enjoy life, without money we will die. I also agree with you that too many people here are hypocritical in saying that they invest in bitcoin not for profit. Technology, privacy, anonymity, and being your own bank make no sense if bitcoin doesn't make a profit, it's true.

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Quote from: Hispo on February 05, 2023, 07:25:06 PM

Because I live in a place where economical crisis and corruption make life harder than it should be. Bitcoin it is a reliable place to save some money in long term in a discreet way. Also, this is an inflationary economy, so using local FIAT to save money is not an option for the common people.

For these reasons and even others, Bitcoin and Stablecoins are very popular around here.

I share more or less the same point of view you have. I'm into bitcoin because it has been the tool I've found to save and invest money thinking on long term, instead of putting it in a bank account to earn less than inflation. I try to avoid national currency as most as I can, and that is how I'm making my money last longer, maximizing it to its full potential. I just don't adopt stablecoins because I think they are risky due to being operated in a centralized form by private companies.

Hispo

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Because I live in a place where economical crisis and corruption make life harder than it should be. Bitcoin it is a reliable place to save some money in long term in a discreet way. Also, this is an inflationary economy, so using local FIAT to save money is not an option for the common people.

For these reasons and even others, Bitcoin and Stablecoins are very popular around here.

Stella Mese

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because bitcoin is a valuable asset to invest in, because it only has a supply of 21000000. so i think bitcoin will have a high price in the future. and also investing in bitcoin has a small risk. I think the reason is as simple as that, or for more clarity, try to see the link provided by your friend in this forum that answers your topic.

dothebeats

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Profit? Investment and asset value security? I mean, there's a ton of things that people can just throw around here and there, but the main reason would surely be money. A lot of people here are hypocrites if they say that money isn't the moving factor why they invested in bitcoin. Only hardcore cryptography and programming enthusiasts can say otherwise. But yeah, money and financial freedom - that's what your goal should be if you want to invest in bitcoin.

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Quote from: Raceonsucced on February 05, 2023, 08:14:17 AM

Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?

I don't know what everyone's reason is, but for me, I'm interested in bitcoin for profit. I really like its volatility as it can give me higher returns compared to other investments, I believe almost 99% of the people here like me are for the profit of bitcoin.

I used to be a forex investor and I am very interested in online investing. Ever since I got to know bitcoin, I have almost left forex, forex investment also gives very good returns, but I prefer bitcoin and cryptocurrencies because I can make a bigger profit even though the risk is not small.

Sakanwa

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We have all head about how bitcoin has come to change alot of people and made them own different things,that what brought everyone get to involve in it.

You need to make more search about bitcoin and making sure you understand what bitcoin is,how it work and what are they common risky you can fine.
For you to be and investor in bitcoin or and cypto industry you need to know everything about the basics and make your one research about with you are investing into,make sure you know about the advantage and disadvantage of it so you will not be lost.

GreatArkansas

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Quote from: Raceonsucced on February 05, 2023, 08:14:17 AM

Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?

First, I'm into technology, I can say I'm a tech guy. And that is one of the reasons why I am interested in Bitcoin. When I first heard about Bitcoin, I became curious, and my curiosity brought me to Bitcoin later on, I convinced myself to invest in Bitcoin, not only in money but time also to learn every part of Bitcoin, which I really amazed.

n0ne

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As majority of the users I'm also much into the profit one can able to make through bitcoin investment. It is much risk involved, but based on the understanding and the patience one have, it is possible to make good profit. Initially the money making drove me into bitcoin and slowly started understanding the real purpose of bitcoin. Now I find it to be the best than the traditional system as we're the control of our own money than someone else having control on our funds.

serjent05

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Most of us are interested in investing in bitcoin because of the possible profit offers in the Bitcoin market. Aside from that, Bitcoin technology is one of the future if finance so many people are getting interested and even some country adopt it as a legal tender. Also getting involved in the Bitcoin economy opens a global opportunity so many company also invest in Bitcoin trying their luck in Bitcoin ventures.

Ojima-ojo

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Quote from: Raceonsucced on February 05, 2023, 08:14:17 AM

Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?

I am interested in bitcoin because Bitcoin is the future of money, and the best alternative to fiant money and an edge over inflation.
Bitcoin is taken

Bitcoin also doubles as the best store of value and a long-term asset, this and much more quality of bitcoin is what interests most about the coin.

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Quote from: Raceonsucced on February 05, 2023, 08:14:17 AM

Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?

There are plethora of good reasons why anyone should be interested in investing in bitcoin. Many persons what to have direct control and custody of their money without an external influence from any authority and that's what bitcoin offers as a decentralized asset. It should interest you to know that bitcoin is also a store of value, and a source to long term investment. Etc.
For me I am mostly interested in bitcoin because it's a source of stream of income for me which is not under any central authority which makes me feel completely in charge and responsible for my financial decisions.

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