Bitcoin Forum

A lot of people only think of how they can make money from bitcoin to become rich and this is all they can think about bitcoin.   Bitcoin can be as a store of value for all assets,  making every properties to remain valuable. Bitcoin is a digital property that can be bought without any other expenses attached to it unlike some physical properties expecially Real Estate that has other much expenses that is needed to be spent first before getting the main property, if one should consider to convert this property into another form it will take more expenses for it to get done.

Bitcoin is a store of value,  it can converted from one currency to another without losing any value.  Their are other physical form in which people can consider to be a better way to store their assets,  but getting it done it can take expenses that will make the asset lose value. The potential to make good gain out of an asset without losing its initial value proves the worth of the asset and this is exactly what bitcoin is as a good store of value .

That's true, most of the Bitcoin users invest in Bitcoin only to get prosperous life because of that investment and there is nothing wrong in such mentality as we all know that many people have earned fortunes when they have invested in Bitcoin in its early days. The thing may be different for the ones who are investing in Bitcoin at its current price mark as only those may be financially free who could spend at least hundred's of thousands in it.

I agree with the fact that many people underestimate the importance of Bitcoin when it comes to its true nature. Bitcoin is actually an asset that can be considered as a store of value and it doesn't bear any other expenses for the ones who have bought it other than the transaction fees. In that sense we can consider Bitcoin as a great source of value and it can be grabbed without much expenses.

Now a days the exchanges have made it easier for us to convert Bitcoin to any other currency with much expenses, but still with those exchanges we are loosing the decentralized nature of the Bitcoin with which it was made. But, if we ignore the fact of decentralization then it's a child's play to convert Bitcoin to any other crypto currency or even fiat without much fees or charges.

Differentiating real estate and Bitcoin as investments are way off IMHO. Both are good investments, you don't need maintenance to maintain the Bitcoins that you're holding.

Unlike in real estate, you have to and it's physically present.

One of the other physical form as a store of value is gold but, if I have to choose then definitely and without a doubt I'll go ahead to choose Bitcoin. No doubt that it is the best store value that I currently have.

Bitcoin is a digital asset that you don't need a maintenance fee for, once you invested you're done, no charges or regulations required to serve as a billing means to task you for investment in bitcoin, this also clarifies that you can make use of the bitcoin wallet freely and you can also decide on using an affordable transaction fee you want or better still customize it on your own, the wallet is freely downloaded and you can hold as many as possible bitcoin asset in it without any charges because it's decentralized.

Yes, Bitcoin is acknowledged as a store of value but its high volatility makes it considered a poor kind of store of value.


Hmm... how about those investors who convert their fiat currency to Bitcoin at $69k?  Do you think they consider Bitcoin a good store of value.  Before jumping to any conclusion, I believe we must know what is a good store of value first.


This had been an arguement for so long and the reason why financial institutions hardly consider Bitcoin as money.  At some point, Bitcoin is a good store of value but at in another point, it became poor store of value, once every cycle when the market transitioned to a bear market, the time when Bitcoin greatly lost it price value.

All this features that you have highlighted are the all the major reason Satoshi set on the Wonderful journey to device such a currency that can't be controlled by any government official body or centralized bank. Bitcoin is the only asset now that is anti inflation because of it feature to retain value even over a long period of time. If am to get rid of anything I have , I would rather sell off that thing and save it all on Bitcoin in the coming years.

Maybe you are describing stable coin here and not Bitcoin, Bitcoin can sure lose value and Also gain value that's why it's a volatile coin, but unlike stable coin that remain pegged to the US dollar in value Bitcoin actually do rise which can give returns in investment to the holder this is the positive side of holding Bitcoin.

Bitcoin in my opinion is majorly seen as a form of investment than just a store if value because the intentions of majority of new holders is to make profit at the end of the day 

Why even compare bitcoin to real estate? While it's debatable their either can be used as a store-of-value, they're 2 very different assets with different advantages, disadvantages, and characteristics in general. It's like comparing being a doctor and being a lawyer.

As far as I remember, volatile is one factor that nullifies the capability of a thing to become a good store of value, the higher it is the higher the resistance of being a good store of value.  And Bitcoin is considered highly volatile crypto currency.


I agree, this is the trend of the investors,  This is also why companies that wanted to exploit the potential of Bitcoin flock in and adopt Bitcoin integrating it to their system.  They see Bitcoin as a good form of investment but I am afraid that most of them don't think Bitcoin is a good store of value.

It does look like he's talking about stablecoin here. Even stablecoin loses value at some point and we have also seen a situation where stablecoin de-peg to the USD.
Yes, Bitcoin has good store-of-value characteristics but the OP lacks the understanding that it can lose its value to do some reason because Bitcoin is subject to volatility

Hmm, This really depends on the global peace situation s we are in the digital age and our whole world is now based on the network called the Internet, there is a point where I want to prove some facts about the vulnerability of Bitcoin the store of value end. Just consider a single day Internet gets down don't you think it will cost us the loss of Billions?

Now consider for a moment the crisis like a war between two major nations it will destroy digital assets in my view and there we need a commodity recognized globally because in a war situation most of the stability depends on natural resources and assets like Gold, Bitcoin is volatile by nature it can be a good store of value but not in the crisis times. There is one more positive point a War like situation takes time to develop its not like you sleep by investing in Bitcoin as your money is safe and wake up and see we are in a War age haha so you can take an exit according to the developments.

My point is there are vulnerabilities with a mare chance but anything is possible. So stay informed with all rounds.

The comparison is way-off useless.

Tell me you don't understand bitcoin without telling it, huh. Have you ever exchange bitcoin to another currency? Or you just read/heard this bitcoin maximalist statement somewhere else? Bitcoin is too volatile it changes its value anytime even before you exchange it

This is correct. Most users accept Bitcoin for investment purposes mainly, as happened in the early days of Bitcoin, and few of them use Bitcoin for normal business. But we must not forget that this is one of the most important reasons that contributed to raising awareness of Bitcoin and Blockchain in general. Also, there is a significant percentage of users who adopt Bitcoin in their business, especially those who work as freelancers on the Internet.
We should also not forget that in the early years of Bitcoin, the use of Bitcoin in suspicious activities on the dark web contributed to spreading awareness of it in the same way that it is happening today with investment purposes.

Some of those who try to integrate Bitcoin into their systems or adopt it fully are only interested in Bitcoin's profits and price fluctuations, not as good storage.
Bitcoin cannot be said to be a good store of value because of its high volatility, resulting in price fluctuations that could risk the value of the Bitcoin currency.

There is no guarantee that Bitcoin will remain stable because it is not a stablecoin.
If you want to find a good value storage instrument, gold may be more advisable.

An asset can be a store of value as long as it holds your finances and doesn't depreciate in value but rather appreciates in value for the sake of earning you profit. You can say that real estate and other landed properties that appreciate over time are all stores of value, but Bitcoin is also a very digital store of value. I can say that Bitcoin is the top investment or store of value for most people now, compared to other assets. Majority of people are venturing into Bitcoin investment, and it really shows how valuable Bitcoin can be. Despite the fact that some people are not Investing in Bitcoin, quite a large number of people are real Bitcoiners. Although some people lack knowledge about it, and that's why they have not realised Bitcoin as a cool store of value.

You mention how a lot of people only think of bitcoin in terms of "getting rich" and that is certainly the case, but thinking of it as in terms of a hedge is still in that same arena of investing.  I love bitcoin because of what it represents as an alternative money solution, but I guess it's an okay hedge..but nothing like gold.  Precious metals are a lot more stable.  They don't have the upside, of course, but also of course, that's not what hedges are for.

maybe not most people because the percentage of global population who are into crypto market is still small. but i can say, the numbers are growing as the confidence to get into this market is increasing. this is due to the fact that known companies and countries are vocal in supporting the crypto market.
remember the time when crypto market was seen as the fraudulent market, or an illegal one, now, the sentiments are changing. this market may not be for all people, but those who have the courage to venture this market, will thank themselves for finding this market.

Stablecoins are not generally a good store of value because they are pegged to a currency that losses value and also suffers from inflation. The name stablecoin doesn't mean that they are stable because no fiat currency has been stable over the years. Using a stablecoin as a store of value is the same thing as buying dollars and keeping it in your bank account. It will gradually lose its worth over time.

If you consider the average returns from Bitcoin over the last decade, it will be clear that it is a better store of value than most precious stones like gold. And it still has the potential of increasing in value in the future. It will be better to consider Bitcoin as a better store of value than the so-called stablecoins.

I can not agree more on this because Bitcoin really is a good store for value that's why BTC enthusiasts call it a hedge against inflation because it is a proved theory from the past ten years which BTC has made. That there is no other best store for value then BTC which is also decentralized, provides anonymity and scarcity. There are other factors do exist but these are the main ones.

That's why some people prefer to trade in btc while many os i should say the number of hodlers are keepi increasing because they do understand the potential btc have for long term and how much money those people could make by just storing there money's value into BTC for longer period of time.

what people need to realise is that "store of value" is not a "lock in of price" or a "store of wealth amount bought"

the best way to describe it is to imagine "value" as a wholesale amount sitting below the market

so take a chart of 2020-now and draw a diagonal line that goes from ~$2k at start of 2020 to $20k now
https://i.ibb.co/0FvQbPM/2020-storevalue.png


you will notice at the ATH of 2021 the value line is about $10k
and you will notice the correction to bottom of 2022 price and value are both near on the same at $15k

so imagine you bought bitcoin late 2022 at $16k.. the value was ~$6k meaning your only ensuring $6k of your $16k or in simple terms 40% store of value
however holding it until now that value line increases meaning more of the value is stored. which by today standards. that $16k bought late 2020 is now at a value line of $20k meaning 125% store of value

if you bought at $65k at the ATH date. the value line was at $10k meaning 15%, which held until today is increasing value but only 30%

if you bought at $16k at the 2022 december correction bottom date. the value line was at $15k meaning 94%, which held until today is increasing value but only 125%

the secret is the value line will go up. slowly and stable. helping gain the store of value over time. and if you ensure you dont buy on a high and buy the low you can buy more value store % early thus dont have to wait as long to get 100%+

emphasis
think of value as a whole sale amount that sits below the market. which gently increases over time

I agree, of course, that Bitcoin is a good store of value, but I don't agree that it "can be bought without any other expenses." Buying Bitcoin actually involves paying transaction fees as well as premium in many cases. As soon as you have it and you want to safely store it, you might also spend some more for a hardware wallet, for example. Upon conversion to either another crypto or fiat, there might also be expenses. But those are indeed small amounts.

Honestly, I used to think like you, bitcoin is a store of value. That's not wrong, but given its high volatility, I don't think it's a good store of value, especially in the short term.

I disagree with your statement, when you bought bitcoin for $50k, and now you need to convert it to fiat while its value is only $29k. How can you say it doesn't lose any value? I agree with all arguments that bitcoin is a decentralized currency, an asset that is worth investing in and provides us with the privacy we need financially. But I would disagree in saying that it is a good store of value due to its instability.

Bitcoin is a speculative asset, not a good store of value. Generally, you consider stable assets as a good store of value, where there is little risk of fluctuation and loss of value even for a long term. Things like gold, platinum and basically most precious metals are good store of value. They neither decrease nor increase very much in the long term. Part of it is due to the wide acceptance of them as a stable commodity and their application in crucial consumer components.

Bitcoin, on the other hand is regularly subjected to scrutiny and regulations. It does not fit the criteria to be a good store of value.

I don't know what people define as a good store of value, but to me it's an asset that isn't volatile too much and doesn't depreciate over time. In my opinion, gold or silver is called a store of value. Bitcoin is just a highly volatile asset, it is more suitable for speculative use than a store of value.

Another thing, bitcoin is like any other asset, you will also have to pay transaction fees, and if you are a good citizen, you will also have to pay taxes on owning bitcoin. So there is no way you can own bitcoin without any other expenses attached.

Yes but what separates bitcoin to the rest like gold or silver or any other precious metal is that we have a bull run every 4 years. So people might think of sitting their wealth or least a percentage of it to bitcoin and then hold or used it as store of value as it will grow overtime.


It's just the transaction fees that is involved, not sure about the tax as it depends on which country to live it and how they treat bitcoin legally or not.

Bitcoin value is unstable, you know that.
Historically the value of bitcoin has increased cyclically, but along the way it has fluctuated greatly and you run the risk of losing a few percent of its value when it "done" at an inopportune time.
I only agree that bitcoin is good for storing assets without the intervention of ownership status as long as it is done correctly. At this point, you should be less concerned with the value.

1 bitcoin is 1 bitcoin. So I agree that initial value of bitcoin doesn’t change, but unlike stable coins the market price of bitcoin can fluctuate because bitcoin is a volatile asset. I do not particularly enjoy the banter of “bitcoin is better than gold “ or “bitcoin investments is better than Real Estate”. These are pointless arguments that do not affect the market and I see them as people just being overly passionate about bitcoin. In my opinion, the argument of which is better is just a matter of preference.

I like the way you compare Bitcoin to propeties in which they are both the same it is just Bitcoin is a digital one and also less expenses on maintaining it but you just need to also invest into its security like having a hardware wallet to make sure your assets is safe , same with the property that you need to have maintenance on it to make it good. Also with the value you cant really say that it wont lose value because of its volatility but proven from the history of it value really keeps increasing

Because they don't want to think about how Bitcoin works, what they have in mind is that Bitcoin can make money quickly.
Tell them that their way of thinking is wrong about Bitcoin if those people are your friends.
At least they can judge Bitcoin like your current assessment that says Bitcoin is a currency that is useful as a hedge that is worth investing in for the long term.

People who think of Bitcoin as only a short cut to wealth are completely nuts. They miss the real significance of Bitcoin's potential as a ground-breaking store of value and only perceive monetary signs. Unmatched in its capacity to circumvent established financial systems, transfer money with ease, and hold its value over time is Bitcoin.

However, these same people will unavoidably succumb to the temptation of useless meme coins in an attempt to make quick money. Those fools will watch their hard-earned money disappear as they invest it in these "shiny objects." Money and a fool are soon parted. While true crypto aficionados profit in the long run by comprehending and appreciating the fundamental features of Bitcoin, others will have to learn their lesson the hard way.

Bitcoins value won’t remain same for ages, so I won’t consider it as store of value. Rather the value might increase as Bitcoins are limited in numbers. Bitcoins truly don’t need any maintenance and the key aspect is the fixed supply, hence many people are fond in investing the coins. Bitcoins have already surprised the investors by touching 69k usd, so for that reason many are considering it as a good store of value. Let’s see what new price Bitcoins touch in the next bull run.

Bitcoin can be a store of value, but depending on the situation, it might not be the best option. For instance, some countries have very strong fiat currencies and banking systems, so people trust that enough to have no need for Bitcoin. In other countries, however, putting money into a bank account can be much riskier, and fiat inflation can be terrible.
Another factor to consider is duration. If a person may need access to that wealth within the next year or two, Bitcoin may be a worse option than something more stable like gold because it can be in the bear market for a long time. But it also has more liquidity because Bitcoin can be used as a currency, whereas gold usually can't be used like that.

With all indications, especially the paragraphs that I highlighted, it seems that you are missing the context of bitcoin being a store of value.
1. I do not know how bitcoin makes every other properties to remain valuable.
3. When an asset has the ability to be converted from one form asset to another without losing value, that does not make the asset a good store of value.
4. You also alleged that bitcoin has the potential of giving profits to the owner without losing it's initial value.

That is a bogus statement. If bitcoin price rises, it gives profit and when it reduces it gives losses. You can only be safe if you don't sell at loss and if bitcoin reverses from down trend to uptrend.
The best store of value is gold and not bitcoin. The volatility of bitcoin made it not to be a good store of value.

Store of value my foot, Bitcoin is highly volatile, you should only invest what you can afford to lose, if you buy Bitcoin at 30,000$ and in two weeks time it's down 20,000$ will you still say that Bitcoin is a store of value?

It's easier to say because you probably invest into Bitcoin at the bottom of this bear market, what about those that decided to store their money in Bitcoin at 69,000???

First, try to understand what you are getting into before you start spreading false news around, Bitcoin is a store of value that comes with disadvantages, it's not a stable digital currency that keeps 1$ as 1$ for a long time, we have bears and bulls in Bitcoin investment for some reason, do your homework right.

How can Bitcoin be a store of value for all assets? There's no such thing, Bitcoin can't store real estate or stocks. It just stores some abstract value.

And it's not true that Bitcoin has no extra costs. You're supposed to pay taxes on your profits just like with everything else. Exhanges take fees. Decentralized exchanges have smaller fees, but you'll have to deal with risks of p2p transactions.

Wrong, you need to have an device that used to be a cold storage or you can buy a hardware wallet, you also need to pay the Bitcoin fee and withdrawal fee if you use centralized exchange.

Bitcoin isn't a digital property, no one can live in Bitcoin, it's just your ridiculous imagination.

Bitcoin isn't a property, but as a currency or commodity. If you want to compare Bitcoin as a store of value, you can compare with stock where it has some similarity.

But like I said, a volatile asset that can help you increase your profits and also make you lose is called an investment, no one calls it an asset store. I know about the bitcoin price increase every 4 years, but what about in the short term? In just the last 2 years, bitcoin has dropped in value from $69k to $30k. Is it a good store of value? Even we don't have any proof that bitcoin will sustain its price increase going forward. That means there is still a risk for our asset, so it's exactly an investment, not a store of value.


Whether it's transaction fees or taxes, but we still have to spend extra money to be able to own bitcoins, we can't get free bitcoins.

So what does this have to do with the OP saying that bitcoin is a store of value? How is he wrong?

Did you know that bitcoin is considered a property in China that someone can own legally? If digital property is used for bitcoin, I do not see anything bad about that.

You can compare bitcoin with anything that its price is increasing or decreasing.

You can compare bitcoin with fiat, stocks and others. But you should know that bitcoin is not a security but a commodity. It would be preferable to compare it with commodities like gold, but in digital.

That is if people want to make short-term profits from Bitcoin. They will buy and sell Bitcoins for profit. But those investing their money for the long term will keep their Bitcoins for a certain period of time and then sell them.

If someone keeps their Bitcoins without wanting to sell them for a profit, maybe he has a very long term target or perhaps an inheritance to his children and grandchildren later. As a store of value, Bitcoin will become an important asset for those who see the potential for the price to increase very high.

But for now, people who hold Bitcoin should be able to stay calm because the price of Bitcoin is still volatile and will not be stable for the next few years. So if they want to make big profits in the future, they better stay calm and keep their Bitcoins safe.

You have a point there, if what the OP is saying is that bitcoin is an uncensored store of assets, with no bank or government interference, then I would agree with the OP's point. But if he means, bitcoin is a good store of value, then I don't think that's true.

Bitcoin volatility is not always profitable for all of us, there will be times when we lose money if we buy at the wrong time. Therefore, it cannot be considered a store of value. To store value, we need a stable and not too volatile asset like gold or other precious metals, their value is almost stable and the value of our assets will not fluctuate. Most people are confusing return on investment with a store of value.

The only thing that may cause some problems is Bitcoin's volatile nature. But this can be solved by doing DCA or just keep HODLing it till the price gets stable or increases in value. And having no complicated issues like physical investment, it is the best store of value for sure. Decentralization was the key to Bitcoin's creation. And it's doing a great job of making Bitcoin what it is today. This is also the reason why Bitcoin is the best store of value. No one can manipulate or control your assets as long as you keep them in your private wallet. Also if you are trying to send it somewhere, you can do it in an instant all across the world. What's more you need? You got the freedom with Bitcoin, it's easy and secure, and it can be transferred all across the world in a matter of time.
So yeah, I believe that Bitcoin is the best store of value. No doubt. (As long as you can keep it that way)!

I will just agree this with you. If bitcoin doesn't have great volatility, it really is the best store of value and no second asset can. But since it's unstable I wouldn't consider it a good store of value and more precisely, it's the world's best asset store because of its decentralization. No one will be able to interfere or freeze our assets and only we have full control over our assets in bitcoin.

But volatility is essential to an investment, so as long as bitcoin remains volatile, it will be a store of assets due to its decentralization and an investment, not a good store of value.

Even those who hold bitcoin long-term or use it as a legacy asset will not be immune to bitcoin's risks.  I mean, besides volatility, don't forget that it is an uncertain asset because its popularity and legitimacy are not yet too great to be as safe as gold or other traditional assets.  bitcoin can also be a store of value, but given its volatility, I think it's a good store of value. As we all know, volatility is only suitable for investment and not as a store of assets or a safe haven.

Of course BTC is a good store of value in the long run as long as one doesn't forget his/her private keys to the wallet.
The only concern is that, since it is a volatile currency, the market price as at the time of investing in a DCA or HoDling or transfer/withdrawal of the coins, might just not be same as at the initial start. One would have a value worth more than the original input because of interest rates rising and not charges.
Still, it is more stable over a long duration, compared to other altcoins or shitcoins out there.
 

I disagree with you, because for being a reliable store of value, an asset needs to keep a rather stable or at least a predictable value over time, like gold, artworks, real estate and some commodities. This is not the case with Bitcoin, because despite its 21 million units limited supply and its decentralized nature it's an highly volatile asset, risky for investments. Unlike other commodities, it suffers from a lack of intrinsic value and a regulatory uncertainty, regulators can compromise its accessibility and legality in different jurisdictions.

I agree, if only Bitcoin is ever inclining then it will be the best store of value but no, Bitcoin got high fluctuation.  The high volatility makes Bitcoin attractive for speculative investment and trade but it nullifies the capability of bitcoin in terms of store of value.  Even if Bitcoin is increasing in value per cycle, the wild ups and downs of Bitcoin's price value greatly affect its store of value.   

For me, this is not always possible but you have a point, we all know how Bitcoin is extremely volatile. And why we can say Bitcoin can be a store of value, it's because of its having scarcity, it's one of many factors why Bitcoin has value.
We should also look at the other side, where the cons of Bitcoin are just like regulation, we are still in the days where the government is still not that friendly on Bitcoin, especially in other countries, so for me, it will be also complicated for people to put their money.

bitcoin has many benefits and many people make btc a store of value, but in this case people's opinions are very different, because what I know bitcoin can indeed be used as a store of value but of course it is very risky because btc's price fluctuates and we won't know in the future future whether btc price will be high or not. but in my opinion gold is stable and very worthy of being used as a store of value.

Well, when it comes to the best store of value, gold matches and is so much better than bitcoin than bitcoin. But people will refute that and will be biased towards bitcoin because we are on a bitcoin forum. Moreover, I believe that there won't be many people using bitcoin as a store of value, most people are taking advantage of bitcoin's volatility to speculate for more profit. Like many people always say bitcoin is currency, but very few people actually treat it as currency and use it for payment. They are also actively accumulating bitcoin as the halving approaches and hope to make a profit when bitcoin hits $100k.

But everybody should also be aware that Bitcoin's value is not guaranteed. There is a strong demand for Bitcoin today, but we cannot know for certain whether the same demand would still be around in the future. Bitcoin is of course a good store of value because of its scarcity and because it is strictly ruled by codes and not by men, but we cannot say that it is without risk. Bitcoin remains to be a risky investment. Nobody can assure us that Bitcoin won't go back to $1,000 5 years from now.

bitcoin is a digital currency, but not everyone can make btc a means of payment because the rules for each country are different and in my country the government also prohibits people from using btc as a means of payment, but the government only allows btc to be used as an investment asset. in my opinion, if btc is used as a store of value, of course it is possible, but it is very risky because of the price of btc
sometimes it goes down sometimes it goes up , and in my opinion most people investing in btc are just looking for profit.

The volatility will still be there but it won't affect the people who hold Bitcoin for the long term. They can stay calm while waiting for their price target to be reached, then they will sell their Bitcoins and take their profits.

And the people who hold Bitcoin, including us, are okay and can accept that the legitimacy is not too big to be as safe as gold or other traditional assets. Especially for those who had succeeded in buying Bitcoin when the price was still very low, it's like they used their lunch money to buy Bitcoin at that time and then held it.

And if with its volatility, Bitcoin is not suitable as a store of assets, that's also okay because as long as we can buy Bitcoin at a low price, we are still safe. And even though let's say we buy Bitcoin at a peak and then decline, the price will return to the last peak and may even exceed it. One day, the price of Bitcoin will stabilize when it is used as a means of payment between countries but who knows when.

Well, i disagree with you on your statement that bitcoin can be converted to other currencies without it losing any value, i think this is a big misconception on your part, or maybe I don't understand clearly what you mean, then i am open to reading you further explanation and taking my correction from it.
Converting or exchanging bitcoin to other currencies requires you an exchange fees, though this fees are usually not much, but then, it is still something, if you had your bitcoin in non-custodial wallet and want to exchange it to other currencies, necessity demands that you send the bitcoin to your preferred exchange first, and to do with, you must pay blockchain fees for the transaction confirmation, when this fee is removed, the value of your bitcoin has dropped a bit, after exchanging the bitcoin to another currency on the exchange and the exchange removing their fees, the value of your bitcoin has also dropped a bit, and all this is assuming the price of bitcoin remains stable, assuming the price is not stable at the time of this transactions, the is a chance that before you are done with all this transaction, the value of you bitcoin might have also reduced or increased by the reason of the high volatility of the price at that moment.

yes, indeed the goal of most people buying bitcoin is to make a profit, but of course there are also people who buy btc with the aim of store of value, and I personally also buy btc with the aim of making a profit. if store value I think gold is suitable as a store of value, but if btc in the future the price rises of course storing value in btc will be more profitable compared to gold but yes in this case it's up to the person who buys and because everyone has different opinions .

Fivestar4everMVP truly that statement also got my attentions but reading further ops indeed clarified his stand and what make up for his statement about bitcoin convertion since he mentioned Bitcoin on the last paragraph as being a store of value instead trying to aligned Bitcoin to other traditional currencies.

Trying to do that could lead into many misconception just like what Ops did in his statement about Bitcoin convertibility into multiple currencies without losing its value,  and also since Ops crafted out Bitcoin advantage as a none physically represented asset/currency which escalates its transferability.

Talking about profit means we are talking about investment, how can a store of value give us a return? Bitcoin cannot be a store of value because it is very volatile, a store of value is a means of ensuring stability for the value of our assets. And gold is the true store of value because its volatility is negligible.

Although bitcoin gives us a lot of advantages and outstanding features, it is undeniable that profit is what we care about most. Those who are saying that they are treating bitcoin as currency but are always checking the bitcoin price every hour are lying.

Basically not everyone will choose bitcoin as a store of value asset - it really depends on the risk tolerance and goals of each user. If their goal is to minimize the inflation risk of fiat values ​​or other store of value assets - then I agree bitcoin is one of the best.

Because bitcoin is an asset that fluctuates over time - anyone who considers it a store of value must understand the risks involved. I think they understand the risks - but still they should do it in an amount they can afford. Of course the risk tolerance of each investor is different, obviously it must be adjusted to each plan.

99% of people into bitcoin is much focused on profit making. If this doesn't have the market volatility with which the earning is possible, then bitcoin couldn't have gained such popularity and usage around the world. Bitcoin have multiple usage access is the big success and very few understand well about the technology and goodness of bitcoin.

Bitcoin as a store of value is a good choice. When a person's investments were made in the form of bitcoin, this helps good at times of inflation. However the risk of holding is there, because we can't enjoy the growth anytime. We should have the mind to maintain patience to experience the best outcome.

The simple reason Bitcoin is a good Store of Value is because the values, assets or bitcoins stored on the system are shielded from the inflationary problem that is characterized by fiat currencies.
Unlike fiat currencies, Bitcoin protects the assets of holders, especially long-term holders, from decreasing in value as bitcoins are printed & earned through hardwork rather than the typical way hugh amount of fiat currencies like the US dollar are easily printed without much work. This is part of what helps preserve the value of Bitcoin, and why it's not a good idea to put your assets in fiat currencies long-term.
Prnting more money than is necessary does reduce its value because the money supply is increased and demand lowered , thus lowering or debasing the value of the money, which is why fiat are considered inflationary currencies while Bitcoin is deflationary because rather than increasing the supply of the bitcoins they are periodically lowered by half to help increase their values which is called halving  in Bitcoin world.

In that aspect you are right, that is why bitcoin could be taken into account to be a store of value like gold, its security and being immune to inflationary problems make it an excellent candidate, but we cannot ignore the other factors that determine if it is good enough to help countries overcome their crises when they need it, stores of value are extremely necessary for a nation, as this allows them not to completely decline when faced with debts or any another economic problem, so they need an asset whose value instead of fluctuating is maintained and increased, so taking the latter into account, it could be said that bitcoin is not a very good option for this part, but it is for other areas, such as exchanges and investments, that is why governments should reconsider giving it a chance even if they do not use it as a reserve, since if each person can manage this asset, it will probably benefit the territory, helping it to progress and improve the economy through its citizens….Bitcoin can bring very good results as long as you know how to use it correctly. In an article I recently read, the way in which bitcoin influences countries is detailed:

Source: https://cointelegraph.com/learn/how-can-third-world-countries-counter-inflation-using-bitcoin

Yes, I understand the point you are trying to drive from about a "store of value" is supposed to be an asset whose value is either constant or increase with time and not volatile whose value likely to fall, but on a long run, Bitcoin can always be referred as a store of value due to it's potential capable of increasing for a long term investment. Moreover, 1 million dollars will always remain 1 million dollars, weather stored in gold, Bitcoin or any other asset used as a store of value, as long as the value do not depreciate. But one thing is that Bitcoin have a bigger chance for it's value to increase more than any other assets due to it's limited supply.

Well, OP, if you just know why many people choose to invest in Real Estate than Bitcoin, you probably have the idea. But I gonna tell you that it is because of the volatile sentiment of Bitcoin. Yeah, I would agree that people are thinking for a profit because they are investing in it and they are expecting ROI. It is somehow you know that the volatility of Bitcoin many investors suffer losses but if you are investing in Real Estate, they are sure about their profit earned, not losses. Bitcoin is a good investment ONLY if you can hold it and never think it was a safe haven because of its volatility.

That particular type of uniqueness is what sets bitcoin apart from other assets. When you have bitcoin as a store of value for your assets, no further charges should be incurred. Your only responsibility is to store your seed phrase safely. You can decide to take it anonymously and go wherever you want without anyone being aware of how valuable your assets are in bitcoin. 

I agree that bitcoin is a store of value, however, your claim that it doesn't lose value when converted to another currency is untrue. Are you aware? Bitcoin's value is either decreasing or increasing. Due to its volatility, its values do not continue to be the same at any given time 

I agree with you, I really don't understand why people call bitcoin a store of assets while bitcoin is very volatile and arguably the most volatile of all asset classes. If we want to find a store of value, we should use gold or real estate, not bitcoin.

What you are saying is that bitcoin is just a store of assets, it is not a good store of value because of its volatility. Are you willing to buy bitcoin for $50k and use it when it drops to $15k? That is why it is not considered a store of value like gold.

You know, whether we're talking about real estate or Bitcoin, it's all about the wild ride of price swings. Imagine this: when you venture into the world of real estate, you're tapping into an economic powerhouse, a fortress of value that stands tall against regular money or other groovy assets.

Now, shift gears to the Bitcoin arena. It's like a daring expedition for the bold hearts, those risk-takers who chase excitement. Jumping aboard is a breeze, no complicated mazes to navigate. But here's the thing: if you're holding Bitcoin, you've got to armor up mentally because the price shuffle happens faster than your top track on Spotify.

Both have their shiny pros and tricky cons, and it all depends on your personal risk swagger. So, where's your vibe? Are you the guardian of property value or the trailblazer of digital coins?

But to be categorized as a good store of value then I think Bitcoin is not suitable for that. Because Bitcoin still has high volatility which can make its value decrease suddenly or increase suddenly. Bitcoin for me is better called a revolutionary for the world of decentralized digital finance. For me, Bitcoin is a digital asset that has the best potential for the future. So that made me personally decide to invest in Bitcoin for the long term. Accumulate patiently and calmly. Well there is a certain satisfaction in doing so. But to be used as a store of value for me Bitcoin cannot yet be at that level. The store of value for now is still held by Gold and other things that are not affected by Inflation.

Although bitcoin is also considered an inflation-resistant asset and is not affected by inflation. But it's too volatile, so to be fair, bitcoin is not a good store of value. And I also agree with you, if we are looking for a good store of value, then gold is the number one candidate.

Currently, for me, bitcoin is only suitable as an investment or an alternative payment method. But in the future, if it becomes more stable and recognized worldwide, it could become a good store of value, even surpassing gold because it is so much more convenient.

Indeed bitcoin is a good store of value as it equates the worth of your assets in monetary value depending on the volume purchased. Bitcoin does not need any third party to keep it in safe for you but you could do that yourself free and void of any charges just like the banks and other agencies does while holding your fiat and managing your assets while using it to do business and still charges you for safe keeping when they have already made huge amount of profit from it.

When it comes to real estate for instance, you will have a lot of bills to pay running from maintenance fee to security cost to other bills which would be accruing for you and also third parties involved such as agent, paying of tax etc but holding bitcoin as a store of value puts you on an expenses free situations compared to the real estate and other activities. It gives you that sense of belonging as you see your assets value price appreciating as the case maybe but one should also have it in mind that sometimes markets decline  i.e volatility occurs in the market just as real estate and others depreciate in value overtime.

Indeed, volatility creates the opposite — Bitcoin has the potential to be an attractive investment vehicle, but it also poses a risk to a stable store of value.

The fact that Bitcoin offers decentralization and global tradability is an important advantage. However, volatility can cause unexpected changes in asset values. This may make many people hesitant to use Bitcoin as a long-term store of value.

How the market evolves and how Bitcoin integrates into the global economy will determine whether it can truly become a reliable store of value. When assessing the potential and role of Bitcoin in the future, it is important to consider two aspects – the benefits of decentralization and the impact of volatility.

Those who held Bitcoin in 16k now have a good return opportunity. Because Bitcoin is a good store of value as it can increase the value of the asset financially depending on the volume purchased. Bitcoin is actually a digital asset that can be considered as a store of value.  I don't agree with the comparison of Bitcoin to real estate because they are separate platforms in their own right and their benefits are different.  Real estate and other properties that appreciate over time, and real estate businesses have many legal complications, but Bitcoin is a really good store of value. People who don't like to invest in real estate can invest in Bitcoin if they want.

As a good store for value it will be good for bitcoin it will increase the popularity of bitcoin but it will take a long time as not all places have got bitcoin validation yet. Bitcoin is usually bought as an investment, buying cryptocurrency in hopes of profiting from market movements. These people first consider bitcoin as a speculative tool. Others simply consider cryptocurrency a new way of spending money. The number of sites that can use bitcoin as an investment is increasing. As technology evolves, we have more futuristic forms of money in Bitcoin and other cryptocurrencies. Bitcoin will reach new heights as a global alternative currency.

People currently choose Bitcoin as an asset as their main source of earning money because Bitcoin is a store of wealth as we all agree. Especially when a person aims to get rich by investing money in Bitcoin and expects a lot of profit from it and he can earn good profit in future. We will take Bitcoin as the root of all wealth as this virtual currency is currently so popular that it has enabled the modern world to move forward. Bitcoins are now more trusted by people than their real estate because Bitcoins can be purchased at no cost. We call Bitcoin a store of value because when it is bought at a low price and sold at a high price, we profit greatly. That's why we call bitcoin a store of value and accept bitcoin as our future asset and help change our lives.

Assuming that everyone in this space wants just to make money out of bitcoin although I don't see how it's a bad thing or that it's something that we should frown upon isn't a good idea imo because we live in a world where money makes your life easier so what's the point of not embracing that idea instead of becoming an outcast about that idea. I think that most people in the bitcoin space are smart enough to know that bitcoin's a store of value too and it's kind of dickish of you to remind them of something that they already know.

The most used asset before btc as a storage was Gold and silver but there is lot if limitations in other assets like you cannot easily convert it to other form and also tax is included when you buy or sell. In my country we have to pay 5-10% tax when we sell. BTC is totally different from these assets and best asset to use it for store of value.

Yes Bitcoin transformation is very easy, fast and without any cost. One another superiority of btc over other assets is high market cap and anytime if we need fund we can easily sell instantly on market price while in case of property (land, plaza) we have to look for seller with good price and we have to wait for some days to sell our property.

This sort of thing does recur, lots of previous threads have been discussed maybe for some people this is a bit stale and yes those who remember will know this, but it doesn't matter because each discussion with a different analogy leads to a different train of thought in the future even though in essence it has the same essence, and again this can be used as a solution to remind some people who they might forget, because human nature is forgetful, it needs to be added that this will be a concern for new people who enter this forum and they didn't find this by accident, because it might be piled up with other discussions if they were purposely looking.

That's right, Bitcoin is the best place to store compared to Real Estate. But for me the two cannot be equated because both are different and have different characteristics. As you said, Another important factor is why real estate is worse than bitcoin as a long term investment tool. As investors buy real estate, it becomes increasingly inaccessible to the average person as a basic need – shelter, both physically (few people can afford downtown real estate) and financially (bubbles, debt-burdening mortgages). . Investing in bitcoins makes all owners of the bitcoin network richer and the growth in the price of bitcoins does not affect the cost of basic human needs (food, water, energy, shelter).

Another positive benefit of not making real estate an investment vehicle is that it allows us to function more efficiently. Because so many luxury homes are built in the mountains near tourist attractions and most are not rented or used by their owners, who are often wealthy people looking for ways to protect their assets. This is what I see in the area where I live.

I don't think its a bad idea to open up a threads by any people here in the forum as long as it comes from them, because some people couldn't have the time to read all the information here so having new threads would also be a good idea. And you're exactly right, different person, different post would lead to different opinions, thoughts and information. Not only would be applicable to any person who's forgetful, cause sometimes people despite being in the space would still question Bitcoin's potential so hearing other thoughts would help them to have their own decision. Everyday there's new threads adding here in the forum so it wouldn't be a surprise to see some threads just disappear. If you are a newbie in this forum if you explore, for you would only focus on the first page which I've also experienced.

Those who only want to make money from Bitcoin consider Bitcoin only as an investment platform. Bitcoin is not only an investment platform Bitcoin has many features that attract people to use Bitcoin. We consider Bitcoin as an investment platform, and we use this Bitcoin as our storage medium, and many people prefer to convert their total assets to Bitcoin, which means that no matter how you think, everything is possible through Bitcoin. At the moment, many companies are facilitating transactions through Bitcoin, as a result of which people are currently using Bitcoin as an alternative means of payment. Its often low fees in Bitcoin transactions make it much more attractive for users to transact. Considering these aspects Bitcoin seems to me to be the best digital currency.

Bitcoin can't be categorise as good store of value because of its highly volatile in nature, I don't agree to OP by saying Bitcoin is a better store of value. But one can still choose Bitcoin to be a store of value only if the person is strong enough and have patience to make use  of the assets only when the price of bitcoin have increased in value, but concluding bitcoin to be a good store of value to everyone is not true.  But people can choose to make it a store of value if only they can be able to hodl it till when the market is very value in price. But I don't accept bitcoin  to be a  good store of value generally.

You explained very well that before bitcoin people mostly invested in gold and silver for storage, most of the real estate we had to pay a lot of money to buy and sell, and the whole process. The procedure is also very long and complicated. On the other hand, when it comes to Bitcoin, exchanging Bitcoin is very easy. Whenever and wherever we need money, we can convert bitcoins into instant cash at market rates. So you're right that Bitcoin is a great option for a store of value. Where we get everything instantly without any rush, any stress and in less time. Bitcoin can be said to be the most widely used storage asset in the present era, as its many features give it an advantage over other assets.

People tend to see Bitcoin exclusively as an investment opportunity because that is their main need on the currently moment they are facing on their personal lives. They seek for profitable investments' opportunities, and since they lack those opportunities inside the centralized system they live, Bitcoin becomes the favorite alternative on the decentralized universe.

And there is nothing wrong with that. Sometimes I see critics regards those investors, claiming they should use BTC as currency, and not only as a long term investment, somehow labelling them as greedy people because of that. But I think each person knows about their own necessities, which will be different for everyone. So, the way Bitcoin is useful for you, might not be useful on the same manner for me. The important is that Bitcoin can be useful for different people in different ways.

You're right, but to be honest I'm not sure Bitcoin is still increasing in value over cycles, its price hasn't break 35k since more than 15 months now and I think Bitcoin adoption has reached a lasting limit. In order to break this limit, education and more crypto friendly regulation will have to be put in place.

You need to understand enough what the main purpose of choosing a store of value asset is - you also need to consider the legal requirements that apply in your country instead of ignoring it completely.

Bitcoin is considered a store of value asset because it allows investors to minimize the risk of inflation like that of fiat. They want to avoid the negative effects of inflation and protect their wealth - but obviously that's not the only reason. Bitcoin also allows its holder to generate returns due to its fluctuating value - but you should be aware of the risks involved including the law.

Rise in price depends on the demand supply ratio and if the demand becomes low the price will remain low. If the adoption increases the price is also increase or remain stagnant. Point is that many big companies hedging on Bitcoin will sell in a prolonged beat market because they need to cover their losses. The smaller investors must accumulate at the lower price but sometimes they might see this go against their ideal if the price remains low for a long time.

You can only wait this out and not do much more. I suggest users to have more types of assets to act as a cushion during the bad times in one market.

Already 93% Bitcoin mining has been completed. Left only 7% So i think Bitcoin price will up in future. So now time for buy and hold bitcoin. I think if anyone invest and hold bitcoin he will be profited. Bitcoin holding will be profitable there has no doubt. If anyone want to free from economic crisis he can store Bitcoin. In near future Bitcoin price will up i think. My thinking within 2025 Bitcoin price will go New ATH and will hit $100. So now who will invest on bitcoin and hold that will will be huge profited.

If bitcoin can make super rich then it is a good thing to do. But before then they have to understand the basic reasons of the creation of bitcoin and they also have to know that bitcoin is not something they come and use it to become rich over. Bitcoin does not work that way. Bitcoin investors must be patient and have the mindset of long term goal.


As for now bitcoin is the highest asset that has value. And the unit of bitcoin never reduce in any day even though the price reduce or fluctuate, the unit still stands. And if the investor can wait patiently till the price goes up again then, he would make profit from the unit of bitcoin he acquired before. Real Estate value can't be compared with bitcoin value. As it is now, bitcoin is all time value to all assets. Gold and silver can't be compared to bitcoin so what on Earth again.

Really this is the beautiful part of it all. The matter what, the value is intact.

Anyone who thinks Bitcoin's ONLY value lies in its investment potential is woefully ignorant. Do these people not realize that blockchain is a huge step forward in technology? As the first cryptocurrency, Bitcoin is the best example of this decentralized ledger system, and its importance goes far beyond just being an investment.

Certainly, centralized banking systems have shown over and over again their limitations. So it makes sense that people want to invest in independent options like Bitcoin. You're right, though; its not just a way to spend. Bitcoin's power comes from the fact that it can be used as both an asset and a cash.

To those critics with narrow minds: Maybe they wouldnt be so quick to judge if they took the time to learn about blockchain and the basic economics behind decentralized finance. Bitcoin has many uses, and each person has a different idea of what those uses are. Its mentally lazy to call Bitcoin users "greedy" just because they know it can be a good investment.

I want to talk about one of the best decisions I have ever heard about bitcoin. It was my close friend who told me that he has one bitcoin, which he will save for posterity or for dark hard times, if such come. That is, regardless of how much he bought this bitcoin for and what its value will be - a friend will keep this bitcoin and will not sell it unless it is absolutely necessary
Ingenious solution - I really liked it

Bitcoin is the best assets one needs to have, especially for a long period term investment, and you have said it all comparing Bitcoin and Real estate investment, the both are good, but real estate business is more expensive, because of government documentation attached towards it for owner verification. But Bitcoin is less free and can be convert from one currency to another without much fee being paid and Bitcoin investment has rest of mind at any given time.

But that 7% will take another tens of years before the final mining so I believe the growth of price of bitcoin is what we are having now and just added when the last drops taken.
and yes Holding is still what we need to do, like what most of us fails to act in the past bullrun . hoping that each of us will partake to the profit we can gain this next halving season.

In my own opinion, I can say Bitcoin is a great store of value if volatility is not a thing. But the problem is that BTC is subject to high volatility and it can go up or down in price without warning.

I appreciated Bitcoin not because of the price alone, but it is decentralized, borderless transactions, transparent and has no maintaining balance. Plus, there’s no specific qualifications needed to start buying Bitcoin. It can be used for utility only if it’s under the lightning network and not the standard one.

This is truly open to all regardless of your financial status.

Whether or whether Bitcoin is a suitable store of wealth relies on a number of variables, such as your investing objectives, level of risk tolerance, and comprehension of its properties.

It's crucial to remember that market emotion, news, macroeconomic conditions, and other things can affect Bitcoin's value. Before evaluating if Bitcoin fits with your investing objectives, you should conduct extensive study, take your risk tolerance into account, and even seek guidance from financial experts.

Additionally, rather than focusing all of your capital in Bitcoin or any other single investment, think about diversification to disperse risk across a variety of asset classes.

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From what the OP has discussed and some of the replies from users here, I agree with the assumption that Bitcoin can be a valuable asset and can store our wealth. But I don't agree if I say to store most of our assets in Bitcoin. Bitcoin is a real asset that has value but there are several things that must be considered, namely the fact that BTC is a digital asset that has high volatility. Maybe unlike altcoins which can be worth 0, BTC is nearly impossible to have 0, but it is still possible to drop from $30k to $20k or even $10k.

So it is better to diversify your assets either into BTC or your other assets. Don't remove the property from your scope. Because investing in assets such as property also has several advantages, such as having a selling price that will continue to rise, also for your housing options if you want it.

True because bitcoin is not a stable currency so we also remember about its risk, there are lots of other ways to save money but people prefer bitcoin because of its huge return but they forget about the main thing that as it gives huge return so because of it you can also face huge loss.

As these days the price of bitcoin is reduces to 26k$ so those who use their money in it will be in fear of losing it because lots of people are talking about its further reduction as the negative news are spreading day by day.

I think one should prefer that store of value which possess little risk because everyone does not have the ability to work in every situation.

Comparing bitcoin to other assets is not ideal, people only think of how they can make money out of bitcoin because of bitcoin’s volatility. Bitcoin investment is the best cryptocurrency investment which also has edge over a lot of other investments but OP you need to understand something, Real estate investment is not as valuable as bitcoin and may have other expenses attached to it during it’s purchase but once successfully purchased it is very difficult for it to depreciate in value except in some unforeseen circumstances, it may take time to make good profit but with time there is always an increase in value. But not the same case with bitcoin instead bitcoins volatile nature make it value move in both directions, sometimes we experience an increase in value and sometimes it’s value depreciates but for bitcoin prices may increase or decrease rapidly within a short period which can see people make huge gains in a short period of time.



True, bitcoin actually stands out from all other kind of assets and is one of the best investment if not the best. It’s the best way to store value and make gains after some time but not everyone is aware of it yet that's why some prefer real estate investment over Bitcoin investment.



In term of sale bitcoin is very easy to sell and exchanges have really made it easy for bitcoin trade, there are people readily available to purchase bitcoin with few charges attached to it and unlike bitcoin, the sale of real estate and other valuable assets proves more difficult to be processed and comes with more charges and sometimes locating a buyer is even more challenging.

One of those ways is investing through Real estate but you have to spend money on renovation of the house you bought or invest money in building on the land you bought for renting or selling. Bitcoin doesn't need any maintenance that's why it's a perfect store of value, bitcoin has retain the money invested in it by early investors and made them more money then they can imagine to have made and there's more profits to be made in years to come.

Because of the future profits that we can get from investing in Bitcoin and the store of value ability that's why it's recommended to own Bitcoin. Bitcoin can be used as a currency, as an asset for holding value of our money or as an investment for making us more profits.

Those who invest in Bitcoin always believe in the increasingly strong growth of Bitcoin, they hope that the allocated money stored in Bitcoin can provide financial growth in the future. The convenience and other advantages possessed by Bitcoin allow Investors to be more comfortable saving money in the form of Bitcoin. If it is called a store of value, it may be less effective because of the constant fluctuations, 1 Bitcoin will still be 1 Bitcoin, while the price will continue to change depending on the value traded on a given day.
Bitcoin is not a stablecoin coin whose value is always stable, you will get a big profit if the value increases in the future.

I definitely agree with this. Bitcoin has a resistance to inflation and political instability. It will not be affected during economic crises or periods of hyperinflation. Additionally, it has a limited supply, which means it's likely to retain its value over time.

There will always be risks involved, such as market volatility and regulatory uncertainty. Personally, I think Bitcoin is a smart choice for those looking to diversify their portfolio and protect their wealth, which should also be done with timely and proper monitoring.

Bitcoin by its design, is inflationary and it will need many years to become deflationary. Bitcoin only will become deflationary after 2140 when all 21 million bitcoins in total supply will be available. After that, we can officially say Bitcoin already starts a second part of its lifespan, first part is inflationary and second one is deflationary. The difference will be before and after 2140.

[CHART] Bitcoin Inflation vs. Time (https://bitcointalk.org/index.php?topic=130619.0)

Because what is in their mind is that if buy Bitcoin and hold it for many years, they earn more profit and can possibly make them rich.
Well, that was a sort of assumption but can be possible which is why many people become interested in this. Unfortunately, they'll never that storing Bitcoin is too risky whether their wallet gets hacked and lose everything, or it is possible that many years from now the price of Bitcoin will be back to $1000.
This is one reason why I'd stop people from calling it a store of value because we never know exactly what will happen next.

Well, since everybody has seen how the price can fluctuate , majority of them now think it's a means for them to make quick money. Some don't have any patience at all, and just wants to live in the moment. Everything goes down to choice, if you think it's something of value that you can hold for a long time, then you do that. For those who feel they should quickly take whatever little profit they have seen, it's totally up to them.

In other words, the decision is always up to them. We can only have an opportunity to suggest them and we should always respect whatever their decisions. Most importantly we are not to blame for any circumstances he experience in Bitcoin. My suggestion is to invest as soon as possible because the price of Bitcoin is very low. We have to bear in mind that you can't buy Bitcoin anytime you want because the risk depends on it's price. If the price reaches $50k then for me it's a little bit riskier since I believe that those who bought $20k or $30k are going to sell their coins especially those weak hands.

i once talked to my friend about the reasons why he was afraid to invest in bitcoin and make it one of his investment assets, he expressed his fear of government regulations, price fluctuations against fiat and various transaction fees, but i patiently said that all he thinks about bitcoin is only concern, so far the government cannot give excessive intervention on bitcoin because of the decentralized nature of bitcoin and has a nominal limit, well people's view of bitcoin is an asset that can retain enough value varies, but i personally think bitcoin is the best asset for investors to maintain the value of their investment.

BTC is like digital gold. It's valuable and its price goes up a lot every 4 years. That's better than actual gold, which hasn't changed much over time. Gold's stable, but it's a bit boring. Bitcoin's exciting because it goes up and down a lot, and that's always been part of its unique nature

Whike making a comparison between the two assets real estate and bitcoin, it should be noted that real estate despite it's disadvantage of extra expenses being spent on it as a traditional asset it is not something that it's rent fees are affected by volatility let alone vulnerability to hackers that it should be needing good security so someone somewhere don't hack it after completion. The house rent fee for real estate might be static for years but it does steadily increase with time. OP I don't know if you're getting me? But all of these depends on the investor if he's interested in investing in bitcoin as a store of value or  real estate.

Does real estate actually losses value overtime when there's attentive maintainance? Well I can understand op you're focused on the expenses that follows even after acquiring a particular asset like real estate, which is not same with bitcoin no extra expenses after it's bought, what's next is just for the owner to take responsibility of the security of his coins under a non-custodial wallet. But in real sense both assets requires the owner to take up an action, just that they are of different tasking.

So far it is, but we can not say it will be in future. No one can say certainly about future and how Bitcoin price will be with future halvings.

Gold tends to have a longer cycle like about 10 years or more, not 4 years cycle like Bitcoin but it is volatile sometimes like how it grew a lot each decade and around pandemic. Bitcoin is more volatile because it is in a new market with less regulations and it is digital so it gives people more easily ways to access, buy and sell it. It is a more favorite speculative and manipulative asset for investors and market manipulators too.

In this case everyone is free to make their choice. I am personally into bitcoin not really interested in taking quick profits. Because bitcoin price movements or fluctuations are not as fast as altcoins. So Bitcoin is only good for long-term investment. If you want to make a quick profit I personally as a day trader only do it on altcoins because they have a faster movement. What makes day traders able to benefit is from fast trading (scalping).

It is too subjective if we insist that the cycle will always repeat. The future is unpredictable and we need to have a plan for the worst case scenario. We should be optimistic but not too subjective about investing in bitcoin.

If judged fairly, bitcoin is still a speculative asset, it cannot be called a store of value or a safe haven like gold. As a relatively small-cap speculative asset, manipulation is also inevitable.

To me, bitcoin cannot currently be considered a store of value. Perhaps that will be more true when it becomes more common and less volatile in the future, but it is not suitable as a store of value at this time.

The market is always fluctuating and we have to make use of this time. I think it is very easy to make money by using it. However, in the current situation of the market, it is expected that the price of all coins, including Bitcoin, will increase very soon. This is the right time to invest.  If you invest now, you will get some profit after a few months and if you wait for a few years, there is a chance of good amount of profit. It is better to think before investing.

The long term value is always good and there is no such thing as this is the point to get into bitcoin, just buying at the low is important but beyond that there is no need for hesitancy. If you are looking for a 100x gain in future what would a couple of grands matter at all?

Flux in the price remains under 15% per year which is decent in my opinion and incorrect to label as "too volatile" or so on. This much volatility is good for the market and keeps the weak hands out the game.

If you are looking into a good store of value, hence bitcoin is a good option but of course it should not be the only asset in your folio but the only asset you need from crypto sector.

Those who invest always use their minds at the beginning or before someone starts investing. Because when someone starts to decide to invest in several cryptocurrencies or in one of the cryptocurrencies, of course he has thought about it quite maturely first. And this was done not only based on a particular opportunity or moment, but also because of greater capital and desire and he also carried out a kind of in-depth analysis of one of the cryptocurrencies.

Current market conditions have not changed so much that it is still a pretty good moment to invest in Bitcoin. Because other than the expectation of a price increase later this year, I think buying Bitcoin at around $26K is pretty good for everyone. Even though it would actually be even better if it was carried out by many investors from now on.

Of course it is only natural to think, in fact it is best to think and gather information. However, thinking in investment should be before, during, and after investing. Think before if it is the right time to invest, where and how much. Think during, if it is the right time to continue your investment and let it sit, pull out or even expand. And think after, if you are going to invest again or find other channel to make profit. Essentially, thinking doesn't stop in this industry, you have to be wise in every decision and action you make. Think and do research so you know more to assist you in your decision making.

I think that the crypto market requires a sophisticated, analytical mindset before entering. However, buying in at the "right" time is not enough. Talk about exit plans, risk management, and portfolio diversification. Cryptocurrencies are volatile, therefore never invest based on current conditions or price expectations. Too many would-be investors have been harmed by huge market swings.

If Bitcoin is worth $26K, it may seem like a good deal, but other crypto assets and even traditional financial instruments may be worth more. Entering should be followed by long-term growth and risk mitigation. If we want to take this market seriously, we must plan for its complexity. If you invest, do so strategically.

Bitcoin is hard money and fiat is easy money
that's the main reason that bitcoin will only go up and fiat go at 0

judging by your posts, most of you do not understand bitcoin


take the time to educate yourself

this is a great book after which you will understand everything

https://www.youtube.com/watch?v=MRczbPu8SQM

A sophisticated analytical mindset, knowing how to read charts well and make some predictions according to existing data, will help in analyzing the market.

Buying at the right time will not always be profitable, if not selling at the right time too.
Usually, there will be many distractions to start selling at the right time, including unprepared psychology, the panic that hits because the market continues to fall and risk management will help in managing the trade properly.

Big market swings can bring a lot of losses, but also profits for smart investors who can make the most of the conditions.

Not every individual thinks well before investing because many individual are still been influenced by what others are doing. Many individuals join the industry withouts knowing what is correct and what's wrong. Many of them still thinks they can make profits by investing in anything. But they don't know that we have many scams cryptocurency and if they're just investing in everything that they see, they'll end up losing money.

Bitcoin is the only cryptocurency that is a good store or value, other crypto aren't because they can't be valuable for many years after they get their peaks due to the current trend of the cryptocurency market favoring them and making investors to choose to buy the projects.

Very true but it still comes with risk, Bitcoin is a true store of value but the future is still uncertain, also I prefer to use Bitcoin as true store of value only in a bear market, it's like killing two birds with one stone.

1. You are storing fund when the market is down, you are at the lowest risk of any possible outcome.

2. You are going to end up with larger amount after few months or years.

But we can't pretend as if volatility is not with Bitcoin, this is no stable coin for any reason so whatever you are going to sell for Bitcoin make sure it's stuffs you won't be needing it's money any time soon, it's still an investment than store of value, risks are available and it can take longer to make profits of this strategy.

Come on guys - US dollar be hyper inflated soon. Ask  yourself a question - what other means of value storing are there???

Bitcoin is undoubtedly the most popular crypto currency in the world but day by day many more such coins are in circulation. Such competition among cryptocurrencies among bitcoin's closest rivals is good for investors by doing this, the value of the coin cannot increase much. But in case of bitcoin it is opposite because bitcoin has gained so much popularity it has an opportunity to stay ahead of competing currencies and even if other currencies compete bitcoin depends on its price and guarantees good results in the future.

I have encountered cases such as losing money that have been experienced by those who invest in any currency very often in the past and I quite understand this because basically no one directs them and also doesn't ask many questions from the people involved. is experienced in the crypto space, especially in choosing cryptocurrencies for long-term investment. Those who experience something like this are usually exploited by other people who have the aim of leading those who still don't understand investment into a new currency.

This is what many newbies don't know now, even though they like investing, but they don't know that the best currency is Bitcoin. That's why those who don't understand and are not very familiar with Bitcoin need to ask lots of people in order not to get lost with other currencies when they want to run their own investments for the long term.

Ofcourse there's nothing bad in that if we can take advantage in making money through the market volatility, it's an additional advantage on us to realize profits, some are into trading and only make target on bear market to make their profit on the kind of trade they do, some make their own prediction as well and make money also.


We don't have to be anxious for nothing, why the need for rushing in doing things when there are protocols needed to be used in doing anything, patience is the key to achieving the best results but it may only take time and extra efforts which many are not ready to give.

...and anyone who can read price charts can now buy/sell Bitcoin. Properly gauging the current mood and momentum will help predictions and Why Trade Bitcoin Over Other Instruments? Different from traders, the goal is to accumulate the largest amount of Bitcoin and this makes sense because we also expect it to become very valuable in the future of course at the expense of spending several months to build such a fund.

Yes, it will do wonders for your mental discipline, as well as test your resolve to face the risks of real money trading and of course Successful traders are able to overcome excessive sentiment to assess the market with objectivity.

Yup, it seems like most of us already grasp that Bitcoin can be manipulated, but everyone still seems to appreciate this aspect. Manipulation leads to price fluctuations that remain unpredictable for some speculators, even though this direction is determined by insiders who play the role of drivers.

In fact, with these manipulators in place, some may believe that those behind the scenes will continue to support Bitcoin regardless of what unfolds. It's crucial for small to mid-level investors to exercise caution, as the potential for getting hooked on Bitcoin investments will always be present for those who enjoy speculation. While your goal may be to hodl, always use common sense when buying Bitcoin within your affordable range.

Bitcoin is a very simple and hassle-free investment set, you buy it and then store it in your personal wallet without needing to provide a large space or levy storage taxes. Apart from that, the thing I really like about Bitcoin is its resistance to inflation. since the first Bitcoin when it made a splash and passed the price of $10,000, Bitcoin has been trusted by many investors to maintain the value of their money. Bitcoin cannot be manipulated by government policy, the current value of Bitcoin is a form of trust among many people.

I don't see it that way, no. Due to its structure, Bitcoin is absolutely not suitable for the average investor who wants to know that his money is stored as securely as possible and also to achieve a small return.
 
I would equate Bitcoin with classic high-risk investments on the stock market and recommend it to friends only to those people who already have experience with such things - as an investment, not the idea behind it. Unfortunately, only very few people hold their BTC for ideological reasons; everyone wants to get more USD/EUR at the end of the day than they have invested.

But unfortunately, there are still many people out there who do not fully understand the use of Bitcoin even though Bitcoin does not sound familiar to them.

All of these positive things about bitcoin need to be disseminated to make their perceptions of Bitcoin more positive not only about tools to help speed up them rich and not only gold that can be used as future investment assets but bitcoin is also very suitable as a long-term investment.

As long as you are aiming for the long term, like holding for a few years, then it is really sure that you are earning profit, but for those who are just holding for a few months, they won't be getting any profit.

Your view really on Bitcoin is really straight towards investing, which again most of us are doing because of its value, but keep in mind that it has no guarantee that it will be at a high price in the next few years, and also that this is an investment, so there is risk involved. As long as we are just risking what we can afford to lose, then we are good.

The issue with Bitcoin and information/interest on it is a complex topic. However, I have a theory on why there are many countries where Bitcoin is still pretty much not known by a high percentage of people.

Ironically, the use of Bitcoin may be directly proportional to the inflation and bad economical state of nations, therefore Venezuela, Argentina and Turkey have a high percapita volume.

On the other hand, USA and European countires which do not suffer from crippling inflation usually have reliable Fiat payment processors, which people are already used to, so they simply go for Paypal and bank transfers. When banks and Fiat fails is when Bitcoin and other kinds of assets start to get the attention of the average person.

Though, those in developing societies may not enough money to save in the long term, so they prefer stablecoins in most cases.

That is how most of us think about Bitcoin investment, easy money, and quick ROI. Indeed, it was known as a high-risk investment which is not really recommended for everyone who doesn't have any idea about investment. In fact, as we can see many newbies have failed because they don't understand the situation as they are just likely invited and join knowing nothing about "Bitcoin". If they are already aware of the market behavior and the risk behind this, I am sure that only a few people have the guts to invest in Bitcoin.

Bitcoin has a great store value, if you want to be rich with Bitcoin is sure, but not get rich quick business, and has to deal with patients, courage to hold for a long term investment and applicable to other alt-coins in the cryptocurrency market, we all know that cryptocurrency is a digital currency assets that has value over a time interval.

Bitcoin is like any other investment, if you want to invest and make profits, you need knowledge. There is nothing simple or easy in this world that can bring high or sustainable profits. If you do not have knowledge about bitcoin, how can you store it safely, how can you keep bitcoin long term if you do not fully understand its fluctuations? In short, investing in bitcoin is not easy and simple, it is even much more complicated than other traditional investments.

Bitcoin as good store of value comes with a risk, and that's timing, make sure you store funds in Bitcoin only if you won't need that fund for a long period of time, because emergencies can rise up at any time, and if the only option you have left is the same fund you have invests in Bitcoin, just pray that the value of Bitcoin at the time will either be the same as when you invested or more.

Think about volatility first, if the value dumps and you need money you will lose money twice as much compared to when you invest, so better invest money you won't be needing for a very long time.

Bitcoin takes time to grow and bear markets are a bad time for selling your so-called store of value, you have have to wait for the market to turn around on it's own before you can use your money for anything else, unless you are ready to take the losses.

From the primary performers (or manipulators?) to the audience (us), everyone contributes. Sometimes the crowd has more impact than they know. Large whales may be stirring up the waves, but we ride them. Bitcoin is like that unpredictable sitcom with unpredictable twists. Why not understand the script instead of binge-watching? Learn about Bitcoin's history and philosophy. Invest like a turtle - slowly and inside your financial comfort zone. Remember its more than a currency

The volatility of Bitcoin can indeed have both positive and potentially negative effects. I believe it's acceptable to use Bitcoin as a store of value, provided you have sufficient emergency funds to address unforeseen expenses.

I agree with you that having just one savings source in the form of Bitcoin can be highly risky due to its extremely unpredictable volatility. For long-term purposes, Bitcoin seems more promising, as long as you don't withdraw all your assets in Bitcoin for an extended period.

Allow "insiders" to carry out pump and dump actions; it is certain that over an extended time frame, the price will tend to rise. Never let emotions come into play when the Bitcoin price doesn't meet your expectations.

Of these newcomers, those who still find the courage to invest in Bitcoin will be those who, through their random actions, can earn a considerable amount in a short period of time. They won’t think that it happened by random, they will decide that they are geniuses and now it will always be that way. But this is a trap, because... the absolute majority of them will then give their market money back. Sometimes it even seems to me that it’s better for beginners to lose a little at the beginning so that they understand what it’s like for themselves. This will allow them to learn to lose, which is very important in the market.

Bitcoin is truly a strong investment and a valuable asset. You can convert it into any currency you prefer, and you have the option to hold it until you can profit through long-term investment. I mean we all know that it's price fluctuate a lot but investing at the right timing is the best way to potentially earn huge in the future.

It's simple as that. Bitcoin is very liquid and people don't understand that it's easy as it is to sell it since it's the top cryptocurrency. But who's going to liquidate that when the price seems to be low? I bet that only few.

The volatility of Bitcoin in nature is what people have made it more interested in investing into it. The more volatile it is, the better rewards one can take from it in the future. But, we're starting from there and as its volatility seems to be a normal thing on it, everyone is going to deal with its risk as simple as it may seem.

The words are quite true because most bitcoin investors have a dream that I may own a lot of money in the future but many can't wait so when the price of bitcoin falls many bitcoin investors get frustrated and sell them at a loss if they ever become rich.  No you need to be patient enough if you want to own a lot of money by investing in Bitcoin.

But I don't think store of value and investment are the same. As far as I know, store of value means an asset that has the ability to maintain stability in the value of your assets and when it comes to investing, has the potential for profit or loss. And bitcoin is highly volatile, how can it be said to be a store of value? Bitcoin is indeed a strong investment, but is it appropriate to use it as a store of value? Personally, I would choose gold as a store of value and bitcoin as an investment.

Gold may indeed be the ideal choice, but I perceive Bitcoin as a more accessible alternative.

The volatility and relatively young age of Bitcoin, compared to gold or bonds, make it somewhat risky for those unaccustomed to such price fluctuations. However, there are other aspects that serve as the foundation for the narrative of Bitcoin as a store of value, notably its limited supply and decentralization. And it's precisely this aspect that leads some people to refer to Bitcoin as digital gold.

It's still too simplistic to assert that Bitcoin has now become the sole, most stable asset in times of devaluation. However, everyone possesses their unique financial acumen, which implies that BTC could potentially serve as an ideal refuge for certain individuals.

The influence of high inflation experienced by some countries is one of the obstacles in our discussion.
As was done by the FED where they tightened credit requirements. This is considered to be one way out for economic growth¹.
Other countries are also trying to return to a stable economy with the various incentives they are making.
https://talkimg.com/images/2023/09/12/6HgPj.jpeg
Image: ecoinometrics (https://twitter.com/ecoinometrics/status/1701269741133021371)

Regarding bitcoin, it is actually quite well known in many countries. However, what we regret is that the advantages and uses of Bitcoin are still very lacking for them. IMO, if many people spread the advantages and uses of bitcoin as mentioned by the OP, of course in the midst of economic conditions which can still be said to be less severe since the pandemic they could use it as a hedging asset for the future as an alternative to saving the value of fiat currency.

1. https://twitter.com/ecoinometrics/status/1701269741133021371

Decentralization is the most outstanding feature of bitcoin compared to other assets, but what I want to say is that with bitcoin's quite large volatility, is it suitable as a store of value? As I said, storing value means we need the value of our assets to be stable under all circumstances, not too volatile.

Decentralization is really good at storing our assets, but volatility will make the value of our assets unstable in the short term, which is what I worry about when using bitcoin as a storage store value.