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Topic: Why should i invest in bitcoin or other cryptos ? - page 4. (Read 1255 times)

hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
We neither to expect from someone who doesn't have the interest of Bitcoin will say good but we obviously hearing bad. Besides, people are not forced to invest in Bitcoin and maybe we have to understand that this is only for the risk-takers who are willing to lose and much more to improve their living.

Asking why these people never invest in lands, stock market, bonds and etc...but they are preferred for crypto is because they know their big chances in here and they are hoping to succeed.
hero member
Activity: 2268
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Leading Crypto Sports Betting & Casino Platform
Why should i invest in bitcoin or other cryptos ?
It's maybe the same question like why you should drink more water, have enough sleep, eat vegetables etc. You will get the benefit for your health in the future if you did all of them.
Cryptocurrency is a future money/payment. Buy or hold them means you support the idea of cutting the third parties of payment transactions by joining the ecosystem. Now when more people joining and gain the marketcap, you get the benefit by increasing price.
1) The number reason everyone should buy or invest in Bitcoin or other cryptos is that the reign of fiat currency is coming to an end just like when the world change from gold to fiat, this is the reason why IMF advised the government to create CBDC.
2) Buy and holding crypto doesn't totally mean supporting the cutting of the third party's payment but it means been awakening for the future liberation.
hero member
Activity: 910
Merit: 525
Why should i invest in bitcoin or other cryptos ?
It's maybe the same question like why you should drink more water, have enough sleep, eat vegetables etc. You will get the benefit for your health in the future if you did all of them.
Cryptocurrency is a future money/payment. Buy or hold them means you support the idea of cutting the third parties of payment transactions by joining the ecosystem. Now when more people joining and gain the marketcap, you get the benefit by increasing price.
sr. member
Activity: 1750
Merit: 267
Because we are in the digital world and it is time to change our payment methods from ancient method to digital method. Investment on bitcoin and crypto are so profitable. So if we want to get profited then we should invest now.
full member
Activity: 453
Merit: 104
Bitcoin risk is too high but it's in line with profit rate. I just want to give a suggestion as an investor, I think it will be wise if we divide our wealth to some different types of investment. I personally only invest about 10% of my wealth in BTC but I also regret about this, I think I should increase the amount of my investment in bitcoin because I have earned aproximately 500% profit from bitcoin. Maybe I should increase that amount to 20% to 25% since bitcoin investment is profitable investment.
full member
Activity: 1638
Merit: 122
Quote
If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

what if you buy a miner and not a land and start mining your own coin  .
you dont need to work once you setup and run a crypto miner but it has double purposes , 1 is you can mine a crypto and sell that for profit and 2 is you can convert the heat coming out from your miner into something that is valueable because it generates energy too same as your explanation above when you bought your land .
you dont need to invest in a crypto to earn a crypto or a profit
hero member
Activity: 1302
Merit: 503
More precisely, the reason people invest here is because of the fast profits, compared to other investment instruments such as stocks or bonds,
 bitcoin returns give high returns from trading because of its strong voting. there is no other compelling reason that makes the attraction of people who dare to invest heavily here if not for high profits. In terms of data in 1 year, you can check the increase that has occurred from bitcoin
- No scope and no specific price point is what I see from bitcoin and crypto, the price of this market is set by investors, creators and manipulators, they like bitcoin to go higher, it will be higher and vice versa, basically the government cannot participate in this enchanted land. This land is unmanaged, not even tax, profits are quick through speculation and quick situation capture, and capital for participation is just basic, the opportunity to make money every day is unlimited, not participating is truly a sin to our selves
full member
Activity: 896
Merit: 100
PredX - AI-Powered Prediction Market
I see you have a pretty complicated mindset to understand. We are simply looking for a return on the investment, which everyone set out initially, you understand? So the reason people turn to bitcoin or altcoins is that they see this as a place to increase profits.

But what guarantees it will increase in the future, is that belief, and what to gain trust, you need to find out how to gain trust.
sr. member
Activity: 2618
Merit: 335
You have to do if you want to lead a life in modern civilization era. Man's becomes quicker and smarter than before, So if you do not invest in Bitcoin then You will be left out of the touch of modernity. You can use it as a digital currency, you can use it as an asset or investment.
No one is left out of modernity if they don't invest in Bitcoins or any asset. Not using amazon for shopping doesn't mean we aren't modern, it's a choice and everyone have their own.

But the reason why one should buy or even trade Bitcoins is because of the growth that we have seen in the past few years. Anyone who has been a part of this community knows how quickly it has bloomed in the last 10 years. If someone doesn't know about Bitcoins and doesn't invest, I don't blame them but if one knows about it and is active in the community as spy100 and still asks this question, it feels really bad and strange.

Some people are staking a lot of coins and earning good money off it. If nothing, at least that's the easiest thing one can do because I know trading isn't easy and holding is just plain boring.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
You should always split your asset into many investment so that you can somehow have different sources of profits.

If you put all your eggs in one basket and it crashes then you will suffer the most and will not have any benefits or profits from that.

Never settle in a single coin because that will not make you grow faster and earn higher profits. It will just make you sustain your needs and will not develop your skills in trading, investment, and etc.
sr. member
Activity: 910
Merit: 253
Hodlers Network
Contributing in Bitcoin is nice for long term since of its tall instability, meaning the more you hold up, the huge benefits you'll get not at all like in altcoins. Be that as it may, contributing in Bitcoin are for those who has huge quiet, and has sufficient information knowing that Bitcoin's tremendous pump and dump is ordinary, since on the off chance that an financial specialist didn't know around it, he will without a doubt do freeze offering always. While contributing in Altcoins, the steady ones are great for brief term, little benefits but still benefits.
full member
Activity: 966
Merit: 102
4 years only one season
The best season starts from this year
Those who are losing money please do not miss
Because there will not be a better season

I just want to say that uptrend is clear and this is the best opportunity to make money. Don't try to be more skeptical because opportunities only happen in 1-2 years. Next time will probably have to wait longer.

You have to act accordingly, if you do believe that you can manage to work it out and you are willing
to take the resposibilities,

Act now and start taking your position is the best thing to do, there are always chances to gain and
if you missed it, the next big one will take much longer time.
What is the right action?  How do I know if my action is appropriate or not?  The best signal right now is that Bitcoin has risen sharply with the reception of institutional investors around the world.
I find now is a good time for pure Spot traders or margin traders to invest in cryptocurrencies because of greater volume and greater volatility.
legendary
Activity: 2422
Merit: 1102
Because you can make your career and profession more wealthy than the other job sectors. You can get more profit than crops from land but you have to aware of the market and trade smartly. One day BTC will be a legal currency then you can get its advantages more.
That's exactly the thing I am looking for as well. Career is one of the most important things in life and people are looking for career in this world, many people have jobs but not many people have careers because at the end of the day you can do something to make money but that may not be a career. Want a clear example?

If you are a waiter in a cafe that usually means it is a job, there are not that many people who work in that same place for 50 years there and retire, but at the same time if you become a cook there, that means you could become a better cook and better cook and eventually become head chef and even open your own place as a head chef of that place, now that is a career. That is why there is a difference between job and career. I believe you could have both a job and a career in bitcoin world and you could end up with a better future thanks to crypto.
member
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Platform for Cross Chain Fundraising
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Why should i invest in bitcoin or other cryptos ?
To be part of the progress people are enjoying from their bitcoin Investment. Bitcoin investment is more encouraging than fiat money investment that take many years for someone to earn something good from his investment. Since covid-19 has collapsed the world economy over some years now,the easiest way to invest and achieve something good from your investment, is through bitcoin investment because the price of bitcoin will soon hit $100k before the end of this year 2021.
 Invest on bitcoin so that you will be part of this good news that is loading, which it can happen any moment from now for  bitcoin price to hit $80k before the end of March.

Only those people are enjoying their bitcoin by having huge amount of profit. Way back 2017, bitcoin is so popular but somehow they didn't believe too much the capability of the crypto currency. If most of us can hold their shares, I guarantee that most of us here can have more profit. Nevertheless, we can't assure that it will happen since we know from the start that the world of crypto currency is so volatile as well as the up coming possible situation that may loss or gain profit. Also, as the pandemic starts the digital world is so busy and the crypto currency become more popular that may gain trust for each and everyone of us and will able to know much more knowledge that can be suitable by having extra money for our consumption.
full member
Activity: 2100
Merit: 174
Quote
Why should i invest in bitcoin or other cryptos ?
To be part of the progress people are enjoying from their bitcoin Investment. Bitcoin investment is more encouraging than fiat money investment that take many years for someone to earn something good from his investment. Since covid-19 has collapsed the world economy over some years now,the easiest way to invest and achieve something good from your investment, is through bitcoin investment because the price of bitcoin will soon hit $100k before the end of this year 2021.
 Invest on bitcoin so that you will be part of this good news that is loading, which it can happen any moment from now for  bitcoin price to hit $80k before the end of March.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
We shouldn't compare bitcoin with land. If we compare fiat with land, then also, if you hold lots of fiat money, you won't get a dividend, will you? Rather with inflation, your cash will get lower in value and hence that's a bad investment. As population grows, obviously land price will also grow and that's why investing in land makes sense. So does investment in crypto, because it also gives exponential returns.
Crypto doesn't have any similarities with land in anyway besides being an investment tool. What OP is trying to say is obviously stupid, there is no dividend in land, what you get there is just a appreciation of the land which increases every year and is proportional to its prices. @iamsheikadil is right, investing in land does make sense but OP's point is the one that doesn't make sense. Why look for dividends in crypto when there is stock market that guarantees what you are asking? Is the energy generated by burning the weeds profitable in anyway besides being a bother to everyone around?
sr. member
Activity: 987
Merit: 289
Blue0x.com
     First of all, get out of that well that you're in. Then, try to look around more. After that, absorb and internalize everything you see and be open minded about them. Only by doing that will you then realize how ridiculous you sound right now. If you know less, talk less and try to learn more instead because posting something like that is what happens when you don't invest in learning what you are talking about first. This is just a friendly advice, how you take it depends on you.

 - Wishing you well on all your investments.
sr. member
Activity: 728
Merit: 317
Crypto Casino & Sportsbook
Why should i invest in bitcoin or other cryptos ?
If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...
Meaning: that piece of land is giving you a dividend each year .
Where's my dividend if i invest in crypto ?  

So you had never bought land as well as BTC and have no idea what to do with both?  In my country when you buy land you have to pay land tax every year, if you fire weeds (according to the new law) you have to pay fine (smoke from fired weeds is very toxic), if you want to grow goods on your land you have to work very hard for several years to cultivate and fertilize your land to make it pleasant for crops. On other hand is BTC. When you buy BTC and hold it on your digital wallet you don't need to work hard. You hodl or trade sitting in your room with a cup of taste coffee or tea, click on buttons and get some grains and don’t pay income tax.
sr. member
Activity: 700
Merit: 251
There's no such thing as dividend in crypto. Why should you incest in crypto? well maybe if you read more, trying to understand this cryptocurrency world and the blockchain technology you might know why.
But to make it simple, why should you invest? because this might be able to give you profit. There's always a risk though, but bitcoin is growing and developing really great. The price went up like 3-4 times from the last time i checked it, and for sure, if i had invested btc before, i would already gain a huge profit from it. But don't get tempted from the high profit, since there will surely a high risk you have to pay attention to.
sr. member
Activity: 1050
Merit: 252
You have to understand bitcoin is quite different than traditional investments, so don't consider it with land. It's a different type of investment. Risk is very high and profit is also quite high. So, you have to choose if you want to involve in that type of things or not.

This is true in many ways. In bitcoin, don't find your dividend because it's not how that works. In investing in bitcoin, you hold your money, you control your money; you can decide anything as long as it's yours. Investing in Bitcoin is high risk since its price is volatile, but there are findings that bitcoin's volatility rate is decreasing. Still not the reason to be complacent.

Still uncertain, if you are planning to invest with this business you need to make sure that you are willing to face any consequences that you may encounter, there are chances that if you went in and place your investment with the right project, you'll be able to gain decent compensations, while if you mistakenly place it with wrong one, expect to experienced the other thing around.
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