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Topic: Why on earth do you own bitcoin? (Read 949 times)

full member
Activity: 1190
Merit: 100
August 13, 2021, 03:41:14 PM
In fact, Bitcoin will be the most popular and important source of income for the next generation. In the future, the world's largest companies will accept Bitcoin as their business platform.  Many people Who have started depositing their retirement life savings as money. So that he can spend his next life in comfort and ease.
sr. member
Activity: 903
Merit: 391
August 13, 2021, 01:18:28 PM
Recently everyone is very anxious, the market from time to time falls, sometimes with the negative news waterfall, sometimes without the negative news waterfall, as for the positive news almost no, it really makes people hate the teeth itch. Whether it's profit withdrawal or principal loss, watching your money slowly being eaten up by the market is generally an individual's anxiety. The more we get to this point in time, the more I think it's important for us to ask, or for us to ask ourselves, what are you holding bitcoin or Ethereum or any other digital currency for?
Of course for a big profit. If we already decide to hold, in every condition of market we shouldn't get affected with it. Maybe my suggestion is not much to see market when we know market is on bear trend. It can help us more confident because we not see our assets keep decreased in estimation. Because holding means it should can give us profit that worth from waiting for a long time.
sr. member
Activity: 1218
Merit: 279
August 13, 2021, 03:00:41 PM
I bought Bitcoin because I have seen how it developed and grow as a digital currency for years. I believe that it would be an advantage to have it as an investment despite its volatility because it could provide assurance of good profit in the future. Trending or not, I would still buy it and I won't fear if it's the price would fall because it's still good for a long-term hold.
Trending or not, Bitcoin is still the best Coin to invest in. It has grown over the year. Anyone who invest in bitcoin and have the patience to hold it for a long time will definitely make a huge profit for his/her Investment. We don't have to panic about the fall in price of bitcoin, just buy and have patience. I have been investing in Bitcoin, because i believe it won't fail me.
sr. member
Activity: 1610
Merit: 264
August 13, 2021, 02:49:19 PM
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Well aren't many be like that anyway. I invested in Bitcoin for both of the reasons that I can use it to pay and I can invest on it as well.
Back then I was like wanting to own those cards issued by the bank whether whatever you call it, dr or cr cards. Good thing I discovered Bitcoin first because I just realize how harsh it is to be under by a bank rather than just have Bitcoin on your own wallet without involving anyone.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
August 13, 2021, 02:47:09 PM
For now I believe the reason is to make the effort of saving money worth for real. Before bitcoin it was a big issue to save money in fiat and realize after some years you were actually losing money instead of growing it.

For the future the purpose of owning bitcoin will be to use it as currency in a daily basis, from the moment common businesses start accepting the digital currency as payment on. It's not possible to say yet when it's going to happen, so we just have to be patient and wait until adoption widely spreads among small and independent entrepreneurs. These are the interesting adopters I'm looking for and not the big companies, big techs or institutional investors which cause more harm than good for bitcoin on long run.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
August 13, 2021, 12:51:42 PM
my initial goal is to save and invest, where if I save in the bank I get 0.1% interest / month and there is a maintenance cost
in bitcoin and others I can get 3-5x more profit than my initial funds, but is undeniable that when the market falls I have to wait a long time for my initial capital to return
This is the truth about the market and the real reason why on earth people tend to buy bitcoin over any other form of investment. Banks to the maximum give you 6% interest which is very rare to see. Those banks providing such interest will surely collect indirect money on different charges. My bank provides me with a 2.7% interest on my savings. When bitcoin has the ability to provide 3-5X multiple of the investment what to think further.
full member
Activity: 1708
Merit: 126
August 13, 2021, 11:37:25 AM
I bought Bitcoin because I have seen how it developed and grow as a digital currency for years. I believe that it would be an advantage to have it as an investment despite its volatility because it could provide assurance of good profit in the future. Trending or not, I would still buy it and I won't fear if it's the price would fall because it's still good for a long-term hold.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
August 13, 2021, 11:26:53 AM
my initial goal is to save and invest, where if I save in the bank I get 0.1% interest / month and there is a maintenance cost
in bitcoin and others I can get 3-5x more profit than my initial funds, but is undeniable that when the market falls I have to wait a long time for my initial capital to return
sr. member
Activity: 518
Merit: 250
LIVECASINO
July 17, 2021, 11:42:01 AM
to have bitcoin for beginners.may still be a taboo.thing but for us.as old players with all the risks.at this time we never back down for such.things, with us.having bitcoin.means we have a pretty good investment for the future, let.alone everyone know that this is.a long-term business.and very good for a long-term investment
it's true as you said bitcoin is a long-term business, bitcoin is also very suitable for us to make assets, because bitcoin has given us lots of opportunities to make our finances better, even though lately a lot of people have slandered bitcoin, but for us who have not been affected by their bullshit for a long time, maybe weak hands will feel scared every time there is a negative post about bitcoin..
full member
Activity: 1176
Merit: 100
Next Generation Web3 Casino
July 17, 2021, 10:30:06 AM
why do i have bitcoins? because of my work in the crypto world since 2016. it requires me to have bitcoin no matter what the world's position towards bitcoin is for me having bitcoin can be a very good source of money making for now and in the future
Same thing with me, I have bitcoins because I earn from bitcoins, I make bitcoin my main job and so far I'm focused on it. Although it is undeniable that I also play with other altcoins. This work produces and is proven to be a main job, not a side job anymore.
I also do the same as you. My current permanent job is collecting alcoins. I believe alcoins like eth and bnb have the potential to be stored in the long term, especially bitcoin which is of course very good for long-term storage, especially now that many large companies are adopting bitcoin, this is proof that bitcoin prices will be more expensive in the future.
sr. member
Activity: 1078
Merit: 270
July 17, 2021, 07:11:35 AM
to have bitcoin for beginners.may still be a taboo.thing but for us.as old players with all the risks.at this time we never back down for such.things, with us.having bitcoin.means we have a pretty good investment for the future, let.alone everyone know that this is.a long-term business.and very good for a long-term investment
sr. member
Activity: 1218
Merit: 254
Trphy.io
July 16, 2021, 09:16:19 PM
why do i have bitcoins? because of my work in the crypto world since 2016. it requires me to have bitcoin no matter what the world's position towards bitcoin is for me having bitcoin can be a very good source of money making for now and in the future
Same thing with me, I have bitcoins because I earn from bitcoins, I make bitcoin my main job and so far I'm focused on it. Although it is undeniable that I also play with other altcoins. This work produces and is proven to be a main job, not a side job anymore.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
July 16, 2021, 07:37:06 PM
I'd be lying flat-out if I tell the people around here that I have bitcoins in my portfolio because I am a visionary and I see bitcoin overtaking the future of currency in the future and only for that reason. For the most part, my bitcoins are there because they are a great source of profit and are pretty much secure economically compared to other cryptocurrencies there is on the market. Because I believe that whatever it is you put your faith in, you should get something back from it in the process.
We have the fate that Bitcoin could be even more valuable in the future that is why how eager we are to accumulate more of it but the problem is that we have necessities that need to prioroties. Because if I only have a lot of money, I don't hesitate to invest this in Bitcoin. This is a long-term investment, 10 to 20 years from now, it might be possible that it reaches $1million.
full member
Activity: 1204
Merit: 100
July 16, 2021, 06:49:16 PM
why do i have bitcoins? because of my work in the crypto world since 2016. it requires me to have bitcoin no matter what the world's position towards bitcoin is for me having bitcoin can be a very good source of money making for now and in the future
earning bitcoin somehow and selling it is different, i think OP meant to ask why do you hold on to bitcoin, and for me i don't do that anymore since i can buy things on the internet with other crypto that has less fee, and if i wanted to keep some crypto, i keep USDT, the only time you can consider buying  and holding on bitcoin or eth is when there is a big decrease in their prices, so that the chance for them to at least get back to ATH is really high.
sr. member
Activity: 1666
Merit: 426
July 16, 2021, 05:35:26 PM
I'd be lying flat-out if I tell the people around here that I have bitcoins in my portfolio because I am a visionary and I see bitcoin overtaking the future of currency in the future and only for that reason. For the most part, my bitcoins are there because they are a great source of profit and are pretty much secure economically compared to other cryptocurrencies there is on the market. Because I believe that whatever it is you put your faith in, you should get something back from it in the process.
sr. member
Activity: 2828
Merit: 344
win lambo...
July 16, 2021, 09:16:27 AM
bitcoin has become my job every day. now bitcoin has united with me. so there is a benefit why I have bitcoin, the answer is that. besides that bitcoin also gives me a profit, so why should I leave the asset if it is profitable
We all have the reason to stay and why not? If that gives us huge benefits, wonderful market experience, people certainly had to stay no matter how the others talks negatively, it is still fine and ignored.

It was clear that the majority will keep Bitcoin instead of chasing other projects as we know that no other coins could ever surpass Bitcoin in the future. And we believe that Bitcoin will even be more valuable in the days coming especially when the global adoption has to start.
full member
Activity: 1176
Merit: 100
Next Generation Web3 Casino
July 16, 2021, 09:12:27 AM
Because it is my savings I trust crypto more than I trust banks to hold my money.
I believe in it and I know that it would give me more than I could get compared to letting my money sit on the bank.
I agree with you saving money in the bank indeed the amount does not increase but if your money is stored in crypto then you have assets in the future, future profits are very clear.
what exactly explains future profits? have you seen it in the future?
crypto is always at risk, keep thinking and make your decisions wisely. not everything you mention crypto will be good in the future. because we will never know how the crypto market will be 5-10 years in the future.
just simply believe in crypto that can generate profits as well as losses for you. it all depends on how you can grow your money. you use it for crypto trading or investment is up to you.
but I myself only focus on crypto trading. I don't like things in the long run.
I can't see the future but I predict bitcoin investment can be profitable in the future, I don't run a business in one area. bitcoin investment one of my business for long term. trade every day and every time I do. I dare say that bitcoin is very profitable In the future, do you believe my predictions, it is your right and I do not ask you to believe.
full member
Activity: 827
Merit: 100
July 16, 2021, 09:03:21 AM
bitcoin has become my job every day. now bitcoin has united with me. so there is a benefit why I have bitcoin, the answer is that. besides that bitcoin also gives me a profit, so why should I leave the asset if it is profitable
full member
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
July 16, 2021, 08:55:28 AM
Because it is my savings I trust crypto more than I trust banks to hold my money.
I believe in it and I know that it would give me more than I could get compared to letting my money sit on the bank.
I agree with you saving money in the bank indeed the amount does not increase but if your money is stored in crypto then you have assets in the future, future profits are very clear.
what exactly explains future profits? have you seen it in the future?
crypto is always at risk, keep thinking and make your decisions wisely. not everything you mention crypto will be good in the future. because we will never know how the crypto market will be 5-10 years in the future.
just simply believe in crypto that can generate profits as well as losses for you. it all depends on how you can grow your money. you use it for crypto trading or investment is up to you.
but I myself only focus on crypto trading. I don't like things in the long run.
member
Activity: 187
Merit: 10
July 16, 2021, 02:28:07 AM
I bought Bitcoin because Bitcoin enables individual humans to have private property that is truly under their control in this highly information-based, centralized, and regulated society, and this private property can also be stored and transferred very conveniently.
Well i don't think  this is enough reason for buying bitcoin because surely this reason won't stand when you bought bitcoin at the top and the price fell, you would definitely be in  regret, well i think some of the reasons people buy bitcoin is to use it as a form of investment which will yield profit in the future, bitcoin is an asset to many. So i can say the major reason of buying bitcoin firstly is to make profit and secondly to use in making transaction
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