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Topic: why we should Buy some Bitcoins - page 8. (Read 16205 times)

sr. member
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May 21, 2022, 11:10:52 AM
#64
Quote
Right now it's not right to ask why we buy bitcoin because now everyone knows that bitcoin is the most valuable asset so nowadays most people want to buy bitcoin to be used as an asset in the long term.
I guess everybody is aware that bitcoin price has decreased to $28k in few days ago that is making both short term investors and long term investors to use this opportunity wisely before the price will go up before the end of this month. Many people want to be part of the progress other people are enjoying from bitcoin investment by using a huge amount of money to purchase bitcoin and hold for the price to return back to $55k before they can sell to make a good profit.
full member
Activity: 862
Merit: 100
May 21, 2022, 08:16:31 AM
#63
Right now it's not right to ask why we buy bitcoin because now everyone knows that bitcoin is the most valuable asset so nowadays most people want to buy bitcoin to be used as an asset in the long term.

This seems like a question a small child can answer about which he might understand. you can see that the use of Bitcoin that you can exchange for very large money. imagine if you have 1000 Bitcoins in your wallet. Are you still thinking about what you have it for?
full member
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May 21, 2022, 02:51:24 AM
#62
Right now it's not right to ask why we buy bitcoin because now everyone knows that bitcoin is the most valuable asset so nowadays most people want to buy bitcoin to be used as an asset in the long term.
member
Activity: 602
Merit: 11
May 21, 2022, 02:04:38 AM
#61
Bitcoin is currently trading at a good price and now is a good opportunity to enter the world of Bitcoin. If you've not bought bitcoins yet, this might be your best opportunity this year.
Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving.
Big investors! One of the main reasons why the price of Bitcoin does not fall much is the presence of large investors. These investors do not allow the Bitcoin price sink lower.
with bitcoin is a great way to save money. especially for now the price is in the position of $ 29K, certainly a good area to buy. It is hoped that in the future we will hold and earn profits as expected and greater than the increase in inflation that occurs. but keep in mind that to invest we must learn about cryptocurrencies so we don't do stupid things in the future, because of our lack of knowledge, there are a lot of bad experiences from investors that we can learn from, hopefully it doesn't happen to us
hero member
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May 21, 2022, 01:52:38 AM
#60
if in my opinion why we buy bitcoin the answer is very simple all of us need assets for the future so bitcoin is the right asset to be stored for the future even bitcoin can be used as a legacy for our descendants later.
Not just those reasons but also a retirement plan.
~snip~
^ This is usually the reason investors hold BTC for the purpose of keeping it for a long time, just because they think it is an asset that could probably create a value of money when the bull market comes. A retirement plan is good and if you want to control your money over the bank, this is what you need, purchase BTC and forget it until for how many years. BTC for sure will increase the demand and the value of a dollar will also increase. This is why we should buy BTC while at dip.
Putting money in the bank has also its risk like being lessen in value due to the inflation. So, you choose your risk upon thinking about your retirement and where you'll put your money.

In bitcoin that has volatility but we know that it's going to be at the top slowly but surely because of halving and adoption.

Or with the bank that will use your money and receive little interest and then you barely cope up because of the inflation that's inevitable.
legendary
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May 21, 2022, 12:01:33 AM
#59
I don't know whether the current condition is stable or not, but it looks like the bear market isn't over yet. although there have been quite a few developments from bitcoin from year to year, but if you look at the history of price increases and decreases after the halving, this may take a long time to recover, especially now that there are no whales looking to bitcoin as a place to invest. however, I think the price will recover later, but at the moment we are still in a bear market where the bitcoin price is prone to fall and the bitcoin price is stable in the $29k to $30k range.
hero member
Activity: 2590
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May 20, 2022, 05:00:27 PM
#58
if in my opinion why we buy bitcoin the answer is very simple all of us need assets for the future so bitcoin is the right asset to be stored for the future even bitcoin can be used as a legacy for our descendants later.
Not just those reasons but also a retirement plan.
~snip~
^ This is usually the reason investors hold BTC for the purpose of keeping it for a long time, just because they think it is an asset that could probably create a value of money when the bull market comes. A retirement plan is good and if you want to control your money over the bank, this is what you need, purchase BTC and forget it until for how many years. BTC for sure will increase the demand and the value of a dollar will also increase. This is why we should buy BTC while at dip.
legendary
Activity: 2814
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May 20, 2022, 04:45:16 PM
#57
Quote
Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving

No one could be so certain on when the bear market will come to an end, all we do is speculate. Speculations here and there. Can't see if it's sooner or longer but I'm crystally clear on the fact that Bitcoin halving will positively influence the price when it happens but can't also tell when.

It doesn't matter if you invest a small amount like 1% of your money. You won't need that 1% anytime soon and if bitcoin succeeds it could become a significant part of your investment portfolio. It's funny when you think about it but if you invest 1% of your money in Bitcoin for the next 10 years, chances are that if you count inflation and bitcoin's deflation, the rest of your money will shrink in value so much that 10% will become more than 50.
After some time you'll find out that you can buy more with that 10% invested in bitcoin than with all the rest that you kept in the bank. On the other side, what's the risk? Worst case scenario bitcoin goes down another 30% and you'll lose 3.3% of your total investment portfolio.
hero member
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May 20, 2022, 04:25:11 PM
#56
if in my opinion why we buy bitcoin the answer is very simple all of us need assets for the future so bitcoin is the right asset to be stored for the future even bitcoin can be used as a legacy for our descendants later.
Not just those reasons but also a retirement plan.

It's for real that there are folks that have already made a decision that they'll be waiting for bitcoin's price to shoot as their retirement plan. I'm also doing that for me.

So that when the right time comes, we've got our retirement fund from the profits that we'll be getting from bitcoin. By that time it comes, it's more of funds going to be reinvested into other assets that are generating money as well.
jr. member
Activity: 168
Merit: 4
May 20, 2022, 04:21:10 PM
#55
Quote
Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving

No one could be so certain on when the bear market will come to an end, all we do is speculate. Speculations here and there. Can't see if it's sooner or longer but I'm crystally clear on the fact that Bitcoin halving will positively influence the price when it happens but can't also tell when.
full member
Activity: 1176
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May 20, 2022, 09:23:30 AM
#54
if in my opinion why we buy bitcoin the answer is very simple all of us need assets for the future so bitcoin is the right asset to be stored for the future even bitcoin can be used as a legacy for our descendants later.
hero member
Activity: 1232
Merit: 500
May 20, 2022, 04:44:41 AM
#53
You need should buy some bitcoin and be ome saving assets for the future bevlcause bitcoin price still on $30,000. Maybe next month have good journey with bitcoin can reach and back higher price and take much profit. Investing on bitcoin right now looks less risk because price drop drastically almost this year. Don't worry with bitcoim always have moment can back to higher price.
legendary
Activity: 2772
Merit: 1127
May 20, 2022, 03:32:32 AM
#52
If you want to make great profits on your money, bitcoin can be a great way of doing that. But as it is not easy, you better learn about it and how you can trade bitcoin. High market volatility can give you many reasons to make profits and losses. It’s up to you what you aim at.
Great profit – I love those two words, another two words I love again are, Great losses. That’s what BITCOIN can do to anyone because it is so diverse and broad. No doubt, Bitcoin is one of the best ways to grow your money, but you really have to learn and understand the various methods you can apply to achieve that goal, keeping in mind that at some point losses are inevitable in the crypto Space.

Currently, we are experiencing our bearish season, seasons when people sleep trillionaires and wake up as billionaires or even worse, they wake up entirely broke!! 😤 Please, endeavor to learn and saturate yourself with as much knowledge as needed before embarking on this “give and take” journey!
newbie
Activity: 28
Merit: 0
May 16, 2022, 12:12:22 AM
#51
If you want to make great profits on your money, bitcoin can be a great way of doing that. But as it is not easy, you better learn about it and how you can trade bitcoin. High market volatility can give you many reasons to make profits and losses. It’s up to you what you aim at.
hero member
Activity: 1305
Merit: 511
May 13, 2022, 01:18:36 PM
#50
After some ,the price of bitcoin was back to 30k dollars.Congratulations to bitcoin to the old pump.Now the next target to the bitcoin price is 35k dollars.Many of the traders was feared a lot for the huge fall in bitcoin price.Because bitcoin was the backbone of the crypto currency economy.Based on the price of bitcoin the every coin price fluctuations was purely reflect.
legendary
Activity: 2744
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May 13, 2022, 12:53:38 PM
#49
the right time to buy bitcoin in the current bear market, the price of bitcoin touched the price of $29k and of course the price will continue to change, it could continue to fall, because some whales are also waiting at the bottom price to buy the cheapest price. Big investors started to get into bitcoin, when the bearish bitcoin price of other altcoins was also affected. Buying a few bitcoins and then holding them would be better, but using the money that won't be used for other purposes in the future, it's even better. don't panic too much, buy gradually and keep using good management.
sr. member
Activity: 2828
Merit: 344
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May 13, 2022, 09:21:44 AM
#48
I was expecting some tips or some reason why we should invest in Bitcoin from OP but unfortunately...

Well anyway, here are the reason why I invest more in Bitcoin than altcoins,
 - it is a reliable crypto project with has a lot of potential and use-case
 - high demand which becomes a reason that we could expect a price increase in the future
 - profitable investment
 - too volatile compared to altcoins

Having this current situation gives us the chance to buy more and good timing for newbies to start with.
If we have the plan, it is better to do it now. We don't need to wait for more drops as we actually not sure about it or that might be the reason why we miss this opportunity.
hero member
Activity: 2646
Merit: 582
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May 13, 2022, 08:51:40 AM
#47
Bitcoin is currently trading at a good price and now is a good opportunity to enter the world of Bitcoin. If you've not bought bitcoins yet, this might be your best opportunity this year.
Bitcoin is currently trading at $ 34,493 and the bear market is coming to an end. Also, another good thing that will definitely affect the price of bitcoin is halving.
Big investors! One of the main reasons why the price of Bitcoin does not fall much is the presence of large investors. These investors do not allow the Bitcoin price sink lower.
This dip can be a sign for someone to enter. Bitcoin is safe even for someone that is completely new and don't have a good knowledge yet on how it works. They can always learn anyway while hodling their btc at the same time. Btc was 34k the moment you write this post but the price continued to dip lower after that and to our surprise, btc is now at 30.8k. Can you imagine that drop? It was so huge even in just a short period of time but how did you know that the bear is coming to an end?

No need to argue it I guess because it seems you are wrong with that. Halving that you are saying will occur on 2024. That was still far but who knows, this might be the lowest that we can get Wink.
sr. member
Activity: 994
Merit: 441
May 12, 2022, 06:45:54 PM
#46
This state of affairs in the current market will not last forever. Bitcoin will go much higher at any time The market will be good, it is certain, but those who want to invest can buy some bitcoin at the moment.Bitcoin has been dumping for a long time now.Maybe now is the perfect time to invest.Invest now and get ready to see the good market.
sr. member
Activity: 425
Merit: 252
May 12, 2022, 01:34:50 PM
#45
maybe now is more better. what its better from my opinion is to buy in bits if you have enough funds. this way you wont be bothered even if it goes down lower and eventually you will be in profit on long term.
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