Bitcoin Forum

Bitcoin has had so many positive impact on people's life especially investors to the extend that they can't do without it,( investing in it.)So many people today who started from the scratch,investing,have found their way in life,and till tomorrow,they will continue to give an encomium on Bitcoin.

Investing in general is just some sort of 'tool' that people can use to potentially create or preserve wealth. It'll have both positive and negative impact on people's lives depending on who you ask.

that if you look at it from a positive perspective, you don't see it from a negative perspective, for me personally investing is a pressure, profit, loss and decision.
you can't average everyone's luck in investing, even in bitcoin.
bitcoin is indeed the most recommended for investors, but still, in investing, where there are those who profit, there are also those who lose.
and that is very real, in investing.

I mean anyone can do without bitcoin or any other type of "investment" for that matter, as there's no such thing as one true investment that no on can live without.  Let's also not forget that bitcoin is inherently not even an investment, but a currency that has become an investment.  I think people seem to get themselves in to trouble thinking of it in a matter as an investment only, because it's just simply not.

Bitcoin isn't the only one asset that can make you rich, actually the other different assets e.g. real estate, gold, silver, and stock can make you become rich although it depends on how much you have invested and how big is the return. But it has low risk compared to Bitcoin, that's why Bitcoin can make huge return especially for early investors that buy Bitcoin when the price is less than $1,000. Now it's the time to accumulate Bitcoin before it's too late!.

Investment is a conscious activity that we do to bring benefits in the future. This is a general definition that can be obtained from various sources. Investing in Bitcoin is one way we can do that fits the definition of investment in general. Recently, we admit that Bitcoin is an investment asset that is popular with all people and for me that is very positive.

Bitcoin's benefits are numerous and it would continue to be relevant in the future. The ability to invade some exuberant bank charges is one of the benefits I have enjoyed. Fast, safe and private transactions is another important benefit. Those that invested in bitcoin long time ago when the price was really low accumulated some good profit considering how the price appreciated. But currently it is only the brave that would invest because of the fall in price. Also some investors have lost so much because of the price recently. But the point am trying to make is that bitcoin investment is a smart one but it takes patience and bravery to Hodl because it is not a get rich quick avenue.    

It's a brainer that bitcoin has changed a lot of lives and the way, we're living. Also, the knowledge that it had given about the economy, how it works as an investment, and the technology that it has introduced globally. Can we imagine how vast the information and help bitcoin has given to each and every one of us? We're all grateful that Satoshi Nakamoto has made this project and now, it's on the mainstream while the big financial institutions are on it too. Originally, it should be an alternative transfer although it's there being used as is but there's another use that has came out from it and that's being a store of value.

How many of the world's investors do you know and how many of those uses Bitcoin or maybe base there investments on bitcoin?

I get it that we are enthusiastic about bitcoin, fanatics to the initiative but, I don't think bitcoin is the base or bedrock to investors around the world. The bitcoin adoption population still remains very low and many are yet to get on the network so, we can't really make such assumption.

Although, we can say it's important for people, investors to own some of there portfolio in bitcoin, accept bitcoin  for media of payment but, it doesn't seem right to look at it for the bedrock of an investment.

Since investing in Bitcoin has been massively profitable for early users, hence, for such investors Bitcoin has played  very positive role to bring about a pleasant change in life. Hence , such huge earning intensest is the bedrock of investors. But , those who invested in late 2021 when Bitcoin was on its peak, for them Bitcoin is a terrible investment because they badly got hurt by 85% fall in Bitcoin price from its ATH , though they will also make good gains if they have the capacity of holding it till next bull run.

Whatever direction Bitcoin takes in coming months, but it will remain hot topic of discussion on social media.

 

I think this applies to all kinds of investment- investing is more of an instrument in order to somehow reap your profits in a later date. Though this is circumstantial in a way that it differs per investment, investing into cryptocurrencies somehow "accelerates" such process.

Compared to any investment mechanism that is currently available, the volatility of BTC makes it as a perfect short or long-term investment depending on its price. Unlike stocks where you trade only on a specific time-frame within the day, trading in cryptocurrencies happens in a daily basis.

This is just wrong.
There are millions of investors out there who haven't touched bitcoin, there are hundreds of investment funds with millions or billions in assets who haven't done so either.
Just to get a picture of what a tiny percentage Bitcoin is, the total value of all the coins (including Satoshi's coins) is just 1/4 of the Pension Fund of Norway, right now by market cap Bitcoin would be the 25th of the publicly listed companies and let's not add real estate, art, or just jewelry which has an annual turnout of nearly the same size.

If we would be at the point where we couldn't do without BTC we wouldn't be at 16k and certainly not at 300k transactions a day with just 5k BTC in LN.
There is a very long way to go till that moment.

The good news is that more and more small investors are starting to actively buy up bitcoins. Despite the collapse of the exchange, people's faith in bitcoin does not fall, and one might even say it grows stronger. This suggests that any events taking place in the crypto world cannot in any way affect the opinion of those who have understood the value of investing in bitcoin for a long time.


https://cointelegraph.com/news/non-whale-bitcoin-investors-break-new-btc-accumulation-record.

hey look ! what's that ?
it's the daily pointless motivational post
hooray!

Most of the traditional investors are not fan of bitcoin to be honest because they don't really understand the concept of cryptocurrency or afraid of high volatility rate in the bitcoin price.

But yes many people became millionaires and billionaires by investing on bitcoin or providing service related cryptocurrencies.

Aside from profit, what are the other positive impacts of Bitcoin to one's life? Many people indeed earned huge amount of money not only from Bitcoin but to other cryptocurrencies as well. But that is enough with gaslighting its flaws. Investors cannot do their 'investing' habits without Bitcoin? There are other assets which are less risky but are profitable such as with stocks. Investing to cryptos would be more profitable but that would also mean bigger risk because of too volatile market price. We just tend to highlight positive sides of a crypto investor story. But try asking big time investors on how much did they lose before reaching that certain point. Makes it no surprising why ither investors moved out. Simply because we have investment preferences.

Investment is a proverb that is intended to increase profits from what we spend/plant. It can also be used like you invest in yourself to make yourself better and better.

True, Bitcoin is not an investment asset, Satoshi's purpose in creating Bitcoin is due to his distrust of fiat currency and bankers. However, from time to time the price pattern of Bitcoin has increased significantly so that many small and large investors consider Bitcoin as a valuable digital asset to be used as material for making profits and they then use bitcoin as an investment asset to this day.

Investing right in bitcoin relies on picking the best time to invest. Those who bought during the early days of bitcoin not all of them banked money with bitcoin. While some OGs didn't sell, some sold earlier when the price move was a bit enticing to them. That doesn't mean investing in bitcoin now won't change investors lives. Hitherto, this is the right moment to purchase bitcoin and hold for the bull run. Investors who don't know the right time to buy will wait till its bullish before investing again into bitcoin which is why some profit and the other lose woefully

It is not that surprising if we think about it, those which are worried about the current market conditions are probably people that only care about the price and nothing else, the people that have actually taken the time to understand why bitcoin is the way it is and how it is completely different from fiat understand that bitcoin is an asset that will thrive for a very long time, even if we must admit that its volatility is indeed massive.

In my personal case, Bitcoin was my introduction to long term investment.
It was not stocks or bonds or even metals, because those are difficult to access to from my country, are centralized or hard to conceal.
My decisions have not made me rich and I did not expect Bitcoin to make me rich, but rather it has improved my financial life and money management. In this country where one cannot even trust the government or custodial wallets, having control over one's assets definitely helps.

Perhaps, some day I will try to trade a bit (short term investments) but it is unlikely.

Obviously is the first ranked and first created one so there will be a lot of attention towards it at all times. I am not shocked that people would invest into it more than they invest into other coins. I have majority of my portfolio in bitcoin right now, bought 50% bitcoin and the other 50% went to other coins but right now bitcoin became even bigger than 50% as well.

So, it is clear that we are going to end up with something much better and that could be a bit about how bitcoin is better than others but it is also how we see it as better than others as well. Lovely situation to be in for bitcoin, and all its investors at the same time.

Yeah lots of things which btc has created, in other way round everyone really wants to partake on it and directly or indirectly has made people transacting so freely without hassle or passing through any financial challenges which is to say the real purpose has been achieve but just to be globally and generally legalized. I m really amazed because it could be seen as a store of value which is to say investment of it would keeps appreciating inasmuch the price keep soaring.

Also take a look at those people also who lost their savings, life savings, family savings, or energy funds when they invested in Bitcoin. We must not focus on the only the positive side of investing in Bitcoin so other people will not become greedy and will always expect that investing in Bitcoin will always give you positive outcome, since we don't know the future, we can't guarantee.