Why on earth do you own bitcoin? - page 2.

btc78

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Quote from: James Watson on June 27, 2021, 08:52:26 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?

THis observation only comes if you are newbie in this field/market because if you have been here for quite a long then surely you will not react such this as if the market had just first fall continuously since then.
Every year or 4 years market drops badly like what happened in the past and then there are recoveries .
so why not just buy if you know you can handle longer than expecting profit instantly ?
this is not how we treat this crypto market because this is the most volatile and most riskiest field of profiteering in the world but? of course the most profitable .

famososMuertos

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Quote from: James Watson on June 27, 2021, 08:52:26 PM

...//...:

Well, there are 21 million answers but perhaps for the same reason that you would have a Picasso painting, that is, if you know who Picasso is first and then if you understand his art, it is the same with bitcoin.

I do not care if you know who is Picasso or if you appreciate art, but it is great trying to explain the obvious things, so although art or a painting has an intrinsic value, the important thing is that it is a "work of art," capiche! You can not always just look at bitcoin for only its value, if that were the case we would never have reached today.

Please, (hodl) place your Picasso painting on your living room and enjoy it, however!
a Picasso is not for everyone but appreciate art yes! then hodl bitcoin.

Btcvilla

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because someone owns bitcoin means he has started investing in a long-term business for his own future, so in this case a lot of people will choose the investment world instead of saving their money in large amounts for their future each for

Clavulanic

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Quote from: Kasabus on July 15, 2021, 05:04:25 PM

Quote from: bitzizzix on July 15, 2021, 08:44:49 AM

Because bitcoin is known as a store of value or wealth considering there are only 21 million pieces in this world, which makes many people who want to protect their wealth from inflation will definitely hunt for Bitcoin.
and besides that it is a very promising investment especially for the long term and although it fluctuates it will still be the target of many people because many people become rich because they are involved with bitcoin and at least their lives are much better, and all of that must be based on sufficient knowledge before buying it and know the risks.

Bitcoin is simply the best investment i know that creates an extraordinary profits. It might be very risky because of its expensive price but it know the risk is worth taken for.

I know mostly of us here are definitely for profits alone but isn't it amazing too how bitcoin being a currency? Bitcoin is the future and it will create more adoption today so that in the near future, it might not be a totally global currency but it will be considered already as part of financial system.

Indeed, most people's purpose in crypto is aiming to gain more profit so if someone ask me why on earth i have this coin and for what purpose? Then maybe we all have the same answers. We invest for profit for day trading or holding hoping for someday it will double our assets.

Kasabus

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Quote from: bitzizzix on July 15, 2021, 08:44:49 AM

Because bitcoin is known as a store of value or wealth considering there are only 21 million pieces in this world, which makes many people who want to protect their wealth from inflation will definitely hunt for Bitcoin.
and besides that it is a very promising investment especially for the long term and although it fluctuates it will still be the target of many people because many people become rich because they are involved with bitcoin and at least their lives are much better, and all of that must be based on sufficient knowledge before buying it and know the risks.

Bitcoin is simply the best investment i know that creates an extraordinary profits. It might be very risky because of its expensive price but it know the risk is worth taken for.

I know mostly of us here are definitely for profits alone but isn't it amazing too how bitcoin being a currency? Bitcoin is the future and it will create more adoption today so that in the near future, it might not be a totally global currency but it will be considered already as part of financial system.

izsara

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Quote from: dortheamangum on July 14, 2021, 02:10:45 AM

The only reason why people are very much into investing in bitcoin is because they think it’s very much profitable and sometimes neglect the losses that can come with it.

this is true but it actually makes us too greedy.
try if the mindset is not to profit and profit because basically a lot of people I meet here are people who want to find wealth instantly because they think bitcoin is like that.
but this is wrong because they just go along with the trend and if it is not accompanied by science and knowledge about crypto I am sure that the losses will be obtained instead of profits.
try to be a little patient and don't just think about the benefits but also the impact and the process we have to think about.

bitzizzix

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Because bitcoin is known as a store of value or wealth considering there are only 21 million pieces in this world, which makes many people who want to protect their wealth from inflation will definitely hunt for Bitcoin.
and besides that it is a very promising investment especially for the long term and although it fluctuates it will still be the target of many people because many people become rich because they are involved with bitcoin and at least their lives are much better, and all of that must be based on sufficient knowledge before buying it and know the risks.

suryana

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Trphy.io

Quote from: James Watson on June 27, 2021, 08:52:26 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?

I'm sure all people who hold bitcoin today are people who want to get a profit or return from the capital they have spent. That question is really very basic in my opinion and maybe right now you are not ready or are worried, if bitcoin goes down. This shows that you are not ready to take risks. Only think positive when you make a profit, but will change your mind about bitcoin if you experience a loss.

acener

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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.

BlinkInDie

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It was because it makes me money for essentially doing nothing other than keeping on top of some news and learning to navigate basic trading principles and using exchanges. It's literally the easiest money I've ever made.
I also own altcoins like MATIC, ADA and BNB, because they got amazing purposes. And for gaming, AXIE and $ANRX that lets you monetize your game play, participate in ownership & earn real money

Tim-BTC

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The first time I bought bitcoin was in 2019, because my father asked me to help him invest. I asked a friend who owns bitcoin what investment can double the income within one year, and he recommended me to buy bitcoin When the currency is worth 7000 US dollars.

Lorence.xD

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Quote from: sunsilk on June 29, 2021, 03:08:21 PM

Quote from: Lorence.xD on June 29, 2021, 04:20:57 AM

~

Even though it may not be much for some to still see the potential that it has. But we've seen the proof in our lives how bitcoin made our lives better and changed a lot of things in our living aspect.

No need to have that much reasons why we're investing in bitcoin. As long as we've got enough few reasons why we're leaning and believing on it, people will see and regret that they've been late knowing and investing on it.

Well, that's not that many reason in my opinion, having only one reason is pretty weak in my opinion because that means that you don't see the whole picture if you don't have enough reasons to believe in something.

ropyu1978

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Quote from: mrongoz22 on July 14, 2021, 11:25:40 PM

why I want to have bitcoin, the answer is simple, to look for new challenges, and try to make money while rocking at home playing the internet, because we have worked hard and hard for a long time, to make money, so it's time for us to try new ways to increase income. , that's why we are very important to have bitcoin, and invest in bitcoin..

your post makes sense, we have to try something new, so that we get to know and understand better, if we don't try we won't know, but if we try even though we fail, but we have experience and our insight increases, bitcoin is ngetrant must be very dear if we ignore it, especially bitcoin has clearly provided extraordinary benefits for us.. that's what we want to have bitcoin for..

mrongoz22

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LIVECASINO

why I want to have bitcoin, the answer is simple, to look for new challenges, and try to make money while rocking at home playing the internet, because we have worked hard and hard for a long time, to make money, so it's time for us to try new ways to increase income. , that's why we are very important to have bitcoin, and invest in bitcoin..

clint25n

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every investment that is started by beginners.maybe of course they will not make this a promising.business, but for those of us who have started this business for the last 2 years.it really doesn't.matter anymore with the price going.up and down, because we already understand what is going.on. what happens.with this business, especially since this is a long-term business and price.fluctuations have become.commonplace in the crypto world.

AmoreJaz

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Quote from: chanler on July 14, 2021, 07:52:06 AM

Currently, many people are competing to buy crypto with the aim of making a profit. We know that crypto prices sometimes go up and down and that has happened a lot. Personally, I prefer to invest in crypto because I think it will be much more profitable if we can manage it well. That's why it's important to keep practicing to get used to the ups and downs of the crypto market. Do not be too hasty in making decisions because it will be very risky. Many people lose their assets after trying to invest in crypto because they are not ready with the crypto market, so when the crypto market is down they panic and panic sell and it will make big losses.

volatility is the reason why many people are here. they are hoping that their investments will grow big when the time comes of cashing them out. and i guess, it is no secret. however, it all depends on when you will cash out. as we don't know the movement of the market, people are just hoping that btc for example will increase its price, definitely higher than the buying price. what else do you think people keep on holding their BTC? i cant think of anything else but the hope of gaining of profit.

zanezane

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To be honest, the reason that I own bitcoin and continue to accumulate it is because I don't want to get a job and I want to make a lot of money out of bitcoin and put all the profit on passive income plus I believe in the revolutionary technology of bitcoin, that it can change the world for many people.

breathlessz

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Trphy.io

feels good to be joining bitcoin at this time, I admit that I am currently using bitcoin to make money from here, because I see a bright future for bitcoin because as more and more people adopt it, the price will increase, and that means I make a profit abundant. on the other hand we will get great benefits later by using this technological development

chanler

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mulierum.com

Currently, many people are competing to buy crypto with the aim of making a profit. We know that crypto prices sometimes go up and down and that has happened a lot. Personally, I prefer to invest in crypto because I think it will be much more profitable if we can manage it well. That's why it's important to keep practicing to get used to the ups and downs of the crypto market. Do not be too hasty in making decisions because it will be very risky. Many people lose their assets after trying to invest in crypto because they are not ready with the crypto market, so when the crypto market is down they panic and panic sell and it will make big losses.

dortheamangum

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The only reason why people are very much into investing in bitcoin is because they think it’s very much profitable and sometimes neglect the losses that can come with it.

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