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Topic: Why on earth do you own bitcoin? - page 3. (Read 949 times)

sr. member
Activity: 1218
Merit: 279
July 12, 2021, 10:52:39 AM
#91
I believe Bitcoin have a bright future. That's why I invest in it, for benefiting from it in the future. Bitcoin are independent, is not controlled by any organization or company. Also, is provides a secure system for online payment with lower fees.  
It will be a prefect idea to buy now as a lower price, because it will surely increase to a high price. Another thing required is patience, we have to hold it for a long period of time.
full member
Activity: 1099
Merit: 116
July 12, 2021, 08:44:38 AM
#90
The world is gradually going to be adopted with crypto currency where Bitcoin is the leading crypto and it's technology is now a sophisticated to the financial world even in many sectors. BTW, i am holding Bitcoin for future profits and also for making payments through online without any intermediary or for saving while making payments.
full member
Activity: 658
Merit: 100
The Standard Protocol - Solving Inflation
July 12, 2021, 07:17:27 AM
#89
I believe in the future people will use bitcoin to buy things. Then bitcoin will become the most popular investment. In addition, many companies are using crypo based platform for lower cost and more secure, and efficient.
member
Activity: 135
Merit: 16
July 12, 2021, 02:53:06 AM
#88
Cryptocurrency is a big trend in the future, and the biggest core is its resistance to seizure. If there is any unforeseen accident, such as a war in your country and the bank closes, the money you have in the bank is just waste paper. Unlike cryptocurrencies, this will not happen. Your assets are only yours and can only be controlled by yourself. This is true freedom.
full member
Activity: 1176
Merit: 100
Next Generation Web3 Casino
July 12, 2021, 02:35:38 AM
#87
i save bitcoin i believe bitcoin can be used as an asset for the future, so far I like investing in gold but after a long time i save gold the profit i got a little yesterday in 2018 i sold gold and i bought some bitcoin after i bought i saved bitcoin in 2020 yesterday I was surprised to see my assets so now I'm the luckiest person to get benefits that I didn't expect.
sr. member
Activity: 1344
Merit: 253
July 12, 2021, 02:17:10 AM
#86
I think bitcoin is a very valuable asset for the future, so it is not wrong if we are currently collecting valuable assets for the future, nowadays many people want to own bitcoin, everyone knows the price of bitcoin and they believe that in the future the price of bitcoin will be more expensive and very profitable.
Bitcoin has no definite value but everyone believes that its value will be great in the future. Bitcoin is the future indeed. No one would ever want to own bitcoin just for fun but the fact that it wil be of huge value in the future makes everyone crave for it.

For me, i personally want to own bitcoin because it will be a good retirement when i get old. Although negative news and fuds are definitely inevitable but we know bitcoin is not a big hype but a profitable asset and investment that is very promising to give us huge profits in the years to come.
it's true that bitcoin will be expensive in the future, especially if it's legal in some countries, the price of bitcoin will definitely increase, which makes a bad issue about bitcoin, actually they just want to take a chance because when the price of bitcoin drops there are parties who buy it like in China yesterday, he said China banned bitcoin but my friend in china buy bitcoin it's smart take advantage of the situation you will benefit from it.
right, you can imagine until now as if nothing could hinder the development of bitcoin. developments in the digital era seem to flow on their own, even more and more bitcoin users today. with users who are still relatively few of the global population of the world, it is not surprising that later bitcoin will soar in price, when many countries legalize it
full member
Activity: 1554
Merit: 123
Buzz App - Spin wheel, farm rewards
July 12, 2021, 02:08:10 AM
#85
I think bitcoin is a very valuable asset for the future, so it is not wrong if we are currently collecting valuable assets for the future, nowadays many people want to own bitcoin, everyone knows the price of bitcoin and they believe that in the future the price of bitcoin will be more expensive and very profitable.
Bitcoin has no definite value but everyone believes that its value will be great in the future. Bitcoin is the future indeed. No one would ever want to own bitcoin just for fun but the fact that it wil be of huge value in the future makes everyone crave for it.

For me, i personally want to own bitcoin because it will be a good retirement when i get old. Although negative news and fuds are definitely inevitable but we know bitcoin is not a big hype but a profitable asset and investment that is very promising to give us huge profits in the years to come.
it's true that bitcoin will be expensive in the future, especially if it's legal in some countries, the price of bitcoin will definitely increase, which makes a bad issue about bitcoin, actually they just want to take a chance because when the price of bitcoin drops there are parties who buy it like in China yesterday, he said China banned bitcoin but my friend in china buy bitcoin it's smart take advantage of the situation you will benefit from it.
hero member
Activity: 3010
Merit: 629
July 11, 2021, 07:48:47 PM
#84
Im holding bitcoin and some altcoins for 2 reasons.

Because I like the fact of storing my assets securely plus making a fast transactions with cheap fees, anywhere and everywhere as long as there's an internet connection.

Because I believe its a good investment. The volatility attracts me that it can give us a huge profit just by holding, though it might take a long period.
full member
Activity: 1540
Merit: 102
July 11, 2021, 05:53:04 PM
#83
We can say some positive bitcoin impact first the price at the beginnig was really low and getting btc was a really easy task you could say that it was a free risk investment were with only 10$ you could be a rich man and it was the perfect oppurtunity to win free money plus there have been other occasions to earn from it and its biggest advantage so far is that its always reaching new ATH and it means that you never lose your investment money if you hold it.
sr. member
Activity: 987
Merit: 289
Blue0x.com
July 11, 2021, 05:36:04 PM
#82
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?


     There are many reasons as to why a person holds such coins in this industry. While they may vary depending of personality, social status or culture, we can certainly not judge a person regardless of their reasons. Anyway, the reasons that I can think of as to why people continue to buy and hold are:

1. The rich quick mindset of the people believing in fairytales and miracles without doing the substantial efforts to familiarize themselves first with this industry.
2. Getting influenced by big influencers online or by peers.
3. Boredom with the traditional ways of keeping assets or earning money.
4. The love for new things or the love for innovative technologies.
5. To fit in.
6. Unemployment/underemployment or lack of jobs for certain skillsets and professions.

      While there can be many more that can be added to the list, those are the most common reasons that I can think of. Now as for my reasons, number 4 and number 6. Number four since it really fits my personality well and number six because I am trapped in this pandemic having no jobs available for my degree/profession.
jr. member
Activity: 37
Merit: 16
July 11, 2021, 03:48:54 PM
#81
What are you holding bitcoin [...] for?

I'm holding for Diversification! Bitcoin is sound money and my country uses fiat money. Sound money will rise in value, Fiat money will fall. If I hold 100% in Fiat even my regional "money printer company" (Central bank) starts laughing at me. So why should I not hold Bitcoin? 100% Fiat is plainly stupid.

BTC > $
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
July 11, 2021, 03:44:17 PM
#80
I think bitcoin is a very valuable asset for the future, so it is not wrong if we are currently collecting valuable assets for the future, nowadays many people want to own bitcoin, everyone knows the price of bitcoin and they believe that in the future the price of bitcoin will be more expensive and very profitable.
Bitcoin has no definite value but everyone believes that its value will be great in the future. Bitcoin is the future indeed. No one would ever want to own bitcoin just for fun but the fact that it wil be of huge value in the future makes everyone crave for it.

For me, i personally want to own bitcoin because it will be a good retirement when i get old. Although negative news and fuds are definitely inevitable but we know bitcoin is not a big hype but a profitable asset and investment that is very promising to give us huge profits in the years to come.
hero member
Activity: 2114
Merit: 603
July 11, 2021, 03:13:25 PM
#79
Let’s start with store value and transaction ? Why not! On this earth there are millions of things which should not have been invented in the first place but they are used, adopted, recycled all the time just because it was needed at some point by some one. So yeah same use case with the bitcoin too where we are going to use it from profit making to cold storage. Whether it is current simple use case or something unimaginable in the future (like WW adoption ) bitcoin exits with technical purpose too. For me that’s enlightening and that’s why I own it.
member
Activity: 364
Merit: 14
July 11, 2021, 02:09:29 PM
#78
Look, my friend, we live here is a choice depending on which choice we want to take. Likewise with bitcoin we can choose to keep our assets here or not apart from negative news, fud and others, that is a risk that must be taken when we store assets in bitcoin because it is one of the risks.
back again to the thought of each one wanting to have assets in bitcoin or not. but I personally prefer to keep my assets here regardless of the fud and negative news because for me the profits here are far more tempting than all of that
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
July 11, 2021, 12:23:08 PM
#77
This is the question that is always present, ever since the Bitcoin appeared in the market. Every user has its own reason and as far as I remember everything started with enthusiasm and curiosity but in later stage everything ended with money or better to say hope for the big profit.
I still believe that Bitcoin is inevitable part of our future and that soon we will put the opposite question - why don't you own Bitcoin?
sr. member
Activity: 882
Merit: 253
July 11, 2021, 08:33:39 AM
#76
Because bitcoin is one of the fastest to transfer money on the internet at low cost. In a few minutes, the money can be transferred unlike fiat money which takes a few days and the fee is high. This is a good alternative to fiat money. You can use it for money transfer, online transaction, and it is a good investment. It is possible that the value of your investment will increase. Fiat money can also easily become old can be burned.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 04, 2021, 10:51:33 AM
#75
This question has been asked for such a long long time that we need to back out a bit and think what really matters, the reason why you have Bitcoin. All of us wants financial freedom and the only way somebody without a working knowledge of the stock market and other big investments is to do cryptocurrency and also Bitcoin. The common folk has spoken and they want freedom to do what they want and that goal can be achieved by careful investing in the crypto market.
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
July 04, 2021, 10:45:40 AM
#74
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 have bitcoin maybe the same as your thinking as a long term investment and hope to get the highest ath in its time,
  do you not have bitcoins HuhHuhRoll Eyes
hero member
Activity: 1344
Merit: 502
July 04, 2021, 06:02:03 AM
#73
As most of the time market is falling and falling, from the previous one year it is not stable, as this is all due to the bitcoin, most of the coins are falling and lose their position due to bitcoin. So, bitcoin plays an important role their and can be beneficial for the investors.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
July 01, 2021, 06:00:20 PM
#72
Quote
Why on earth do you own bitcoin?
A better question is:
Why on earth would the OP NOT own Bitcoin?  Huh
As long as you do a little research on historical prices and trending rise/fall and don't buy it at peak prices, it is a more or less safe long-term investment.
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