Bitcoin Forum

I prefer Bitcoin not merely for its value, acceptance, or trendiness, nor do I favor it simply for being Bitcoin. I am drawn to Bitcoin for the security, freedom, and privacy it offers. I also appreciate aspects such as elliptic curve cryptography, encryption, and Monero, though I understand you might not grasp all of this. Therefore, when I refer to Bitcoin, I am encompassing all of these elements.

Bitcoin represents a way of life, one that involves enduring ridicule and being labeled as a fool, fraud, or even a drug dealer. Living with Bitcoin is a long-term bet, spanning 5, 10 years, or even more. It means being a holder in the vast expanse of the world, earning respect through your commitment.

You must understand that your money is your own, and it matters to no one else—neither to your partner nor to the state. It is hard-earned and well-deserved. Why would you hand over money to the government that cost you so much and so little to them? Why divulge your personal information on Instagram only to be bombarded with advertisements moments later?

The world is harsh, and they always come after those who think differently. Never doubt that. Hence, it is crucial to encrypt and protect yourself, minimize your exposure on social media, and find solace in the privacy of the night.

I urge you, consider switching to Bitcoin.

Does using bitcoin make you anonymous?

Is Monero an element of bitcoin or a coin of its own?

Mate you have a misconception here and I don't seem to understand why you can't differentiate this forum goals and bitcoin itself, because you are compiling different ideas into your paragraphs.

Please consider restructuring your post because it seems vague to me.

To clarify for those new to cryptocurrencies:

    Bitcoin will not make you anonymous, but it will make you the owner of your money and protect it from the risks of the traditional financial system.
    Monero is different from Bitcoin.
    Cryptography and other measures mentioned are actions to improve your privacy and security on the internet. Think about it—many people don’t understand the risks of exposing their personal lives.

Yea, it's actually true that one of the key features of Bitcoin to me is it privacy, but that doesn't makes you as a person anonymous, if you really want to stay anonymous it's by reducing and limiting your social media activities and these has nothing to do with being a Bitcoin holder.
So in term of improving your privacy and security on the internet it's a personal job you will have to do for yourself, that's why knowledge on how most of these scammers works is very important, because you are definitely going to know what you should under no circumstances share or make public on the internet, so in essence of what am trying to say is that the privacy attached to Bitcoin is mainly about your financial transaction when using Bitcoin, not your personal life, that's your own responsibilities, by limiting and sharing less of your personal information online and offline.

While you may think that your attraction to bitcoin was a unique, maybe I should also tell you that you are not alone with the decision as though.
The principal quality attached to the attractive curves of bitcoin to most individual is that bitcoin on it own is a unique digital technology which as a currency is decentralized with Potential properties to hold values in for short or long term goals.
This is unlike any other inventory every developed so, we all accepted the adoption of bitcoin based on its unique prospects.

If you want to buy bitcoin for long term, do it not at the wrong time when the price is high already, do it at the right time when the price is very low. Although bitcoin will get to all-time high but it would be good to make more money if you speculate more accurately before investing.

What OP is talking about is that bitcoin gives you the privilege to have full control over your coins, unlike fiat. He is right about that. But someone needs to have high knowledge about bitcoin if the person wants to be anonymous or looking for privacy. To be anonymous does not mean everything about you will be anonymous. It is about what you want as anonymous to be anonymous.

Series of crypto users that have been attacked or robbed were tracked from social media. Some people live their lives on the social media that you can easily know where they live, how much they are worth and their next location.

Bitcoin transactions are pseudonymous but can be anonymous if the user uses tools like mixing and conjoined services.

Using Bitcoin as a currency will increase our privacy. But the pitfall is that Bitcoin is banned in some countries and decentralized exchanges are under attack from the government.

This is a Bitcoin forum and nobody dives a damn about why you prefer Bitcoin. Almost all forum members here prefer Bitcoin for one reason or another.
I've never seen Bitcoin users being called "drug dealers". ;D Nobody is forcing you to reveal that you own Bitcoins. You can keep this a secret from your social circle. Bragging about having BTC can have dangerous consequences.
I don't have such long-term mindset. 5-10 years seems a lot to me. I don't know that will happen to the Bitcoin/crypto world after 5 or 10 years.
My plan is to wait for the next big bull run(probably 2025) and sell most of my BTC. I don't have any plans afterwards.

If you want to be in control of your money, you need to learn about how to have privacy and learn about how to protect your money. What is necessary for the protection and security are simple but people are neglecting it.

People that are attacked and demanding fiat from are far more than crypto people that are attacked.

Also using Tor to connect to your noncustodial wallet. The person should know when to use coin control.

Yeah I don't think the OP mean to be an anonymous while hodling his Bitcoin instead he mean to acknowledge that the decentralization of Bitcoin is the content of it valuable uniqueness where you stores your Bitcoin in a wallet in the service of banking and you become in-charge and controls your transaction parameters all by yourself and your funds securities lies on yourself.

Perhaps when you are knowledgeable enough about the Bitcoin blockchain, you can of course stay anonymous such as when you processes your transactions using the non-custodial networks and stays away from networks requiring KYCs. Also, you possibilities of one keep it holding known to the public are all points to remain anonymous and self moderated of your assets.

Just a full of bullshit.

I don't believe there's no one in this world didn't use banks and fiat to pay bills in real life, almost all merchants and stores only accept fiat instead of Bitcoin.

I also don't believe someone didn't have Instagram, Facebook, or X account, almost all people might have opened account in centralized exchange since it's the most friendly way to buy Bitcoin.

Someone can't ever achieve 100% privacy in digital world except you're a generation X or before than that where you know can live without cell phone and it exist when you already an adult.

You have good taste and no one will think of others, except that the security is more about you. Fine, Bitcoin has been structured well and also well secure to the point that no one can comprise it, but what about the handling by you? You are responsible for the major security to say the least.

We've had a series of Bitcoin thefts while the system itself has never been compromised, so as you enjoy privacy and freedom, you should also help Bictoin to completely secure your assets.

You are on a pure bitcoin forum, bitcoin is the most discussed coin here so advising people to choose bitcoin is unnecessary. If you can share these on other forums or on social media, I think it would be helpful because you are contributing to making bitcoin more popular.

One thing I see is that people always give a lot of reasons why they like and choose bitcoin but I believe most of them focus on profit more than anything else. I wonder if bitcoin becomes stable, no longer generates profit and is only used as a P2P currency. How many people will continue to claim to stick with it?

Not many is the answer:

https://x.com/shopinbit/status/1811651225005195471
https://x.com/CoinCards/status/1809702144288882870

People may not care about privacy, but will choose whatever is more convenient, cheaper and faster - that's why PayPal/Mastercard/VISA are still the king.
And they didn't get popular because of HODL narration, people need efficient payment processor.
General public does not need another real estate market.

Bitcoin is very bad for transacting on regular basis, one of the narrations is that it will become a "settlement network" for bigger transactions only but for this privacy is very important and that's why I think Bitcoin will fail at it as well.

The only thing going on for Bitcoin is it's name, technically it's inferior to many other projects.
If you forget about the name and focus solely on tech, what would you rather use ? slower, more expensive coin_x or faster, cheaper coin_y ?
The answer is obvious and we can see it in the retail market.

There are people who will still defend it's usefulness but they are just closing their eyes to the competition and are more like a religious cult of "BITCOIN" than anything else.
This people will have hard time to "sell" their narrative to people who need a tool for their everyday life and not just future promises.

Regardless, for some Bitcoin may still be a good investment, just like Pokemon cards.

I wasn't paying attention when reading the OP's post, but what you highlighted made me laugh. The OP seems to be making a religion out of Bitcoin, as some people do. But I would like to ask the OP, How will you be anonymous with Bitcoins if you somehow have to live in a world where Bitcoin is not officially allowed by some countries, but your call is to use only it? There was a thread recently where the author asked where and how people use their Bitcoins, but I still haven't seen widespread use. However, what the OP is calling for is an ascetic life without people, on a quiet night, and without any contacts. Did I understand you correctly, OP :)?

Reading this right now and the fact that, I’ve had to see this liking of Bitcoin to religion by several individuals it makes me to try and see its best fit between culture and religion. Mind you, these are two different things entirely as;

Culture talks about the way of life of a people through its social, religious, arts and material expressions of a people. In essence, culture encompass religion while,
Religion deals with the belief and worship of a higher being accepted as sovereign over all to put it shortly.

Now, if we try to fit Bitcoin in one of these, it’s best fit is culture as money is a cultural heritage of a people. What’s generally accepted by a group. Bitcoin is accepted within a group and so, users having to refer to Bitcoin as religion doesn’t actually fit in.

Bitcoin has proven itself over time, showing how safe and decentralized it is... There is no owner. The community and the market dictate the natural path. It was also where it all began, things that can only be created once, everything else is a copy.

Would you leave assets in altcoins? Like a Telegram coin? whose owner was recently arrested... Persecutions will always happen where governments cannot control... so this already shows how powerful and resilient Bitcoin is.... Thank you for disappearing Satoshi, your disappearance freed everyone financially.

Not really....

https://www.youtube.com/watch?v=eafzIW52Rgc&t=1049s (https://www.youtube.com/watch?v=eafzIW52Rgc&t=1049s)

Many people have ended in jail for using Bitcoin in illegal activities due to lack of privacy on protocol level.
Is it good that criminals go to jail ? sure/kinda*, but it also proves Bitcoin is not a tool to be free from tyrannical government.
*Government can put an "illegal" sticker on anything they want.

A transparent blockchain of transactions that can easily point to you is not a tool of freedom but a tool of oppression.

criptoevangelista - You're one of the cult mentality problems cryptocurrency space has that I have mentioned eariler:

Try forgetting the name of the project and open your eyes to the technology behind that name.
You will see more clearly  ;) Government is endorsing Bitcoin (Trump /etc) because it gives them power.
Bitcoin is a surveillance coin.

I find it amusing that no one really cares, yet users still engage with the post. Even you—if you truly don't care, why comment? Why tell us what you're going to do with your coins? No one asked you. Do you live in some exclusive part of the world? Are you a celestial being? Bitcoin does carry a bit of a bad reputation. Many uninformed people tend to associate BTC with drugs.

Just because someone is on this forum doesn’t necessarily mean they own bitcoins, although it’s quite common. There are cases where people use it solely for transactions. I want to convey that owning bitcoin means having a strong hand, being fully committed to bitcoin

I'm not interested in getting lost in bitcoin or turning it into a religion. I'm simply expressing that owning bitcoin is a philosophy, it's stoicism. It's about getting used to the fact that sometimes things will be tough, and other times they'll be good. It's about learning to manage finances—both bitcoin and personal
Regarding the exchange of bitcoins, it would be somewhat illogical and impractical to keep all your funds in bitcoin alone. Obviously, you need to have cash on hand, with bitcoin reserved for emergencies

Update: The text might be a bit dramatic, but I enjoy hearing everyone's perspective. I speak about bitcoin as part of something bigger, an ecosystem, because I perceive it as a tool—one of several great ones. If we focus solely on BTC, we risk becoming posers

Op stop making multiple posts in a row, if you don't know, it is against the forum rules, you can reply to everyone you want to reply to in just one post. As regards your post, i think you are trying to teach before learning, you have a couple of mistakes and misconception in your post. BTC is not a way of life or a religion like you are trying to paint it, it is just a censorship resistant and permissionless currency, i will recommend you lock this topic, there is no useful info to gain from it.

I was about making the same observation only that you happened to mention this before I did. I am wondering why OP is shit posting on his thread when he can gather all replies and provide answers to each reply in quotes. Find the solution here (https://bitcointalk.org/index.php?topic=3749076.0). Though I doubt if OP is not already aware of how to quote and how to avoid pyramid quotes in the forum too because OP has well over 90 posts and merits in the forum and most have come across this quotes several times.

I am always in surprise, whenever some people discuss bitcoin and take it from the lense of a messiah decentralized system, but it's always not the case and has led many more into making mistakes.

Preference to me is preference of one thing over another thing. So is it about preferring Bitcoin to fiat cash, over banks? Or maybe preferring Bitcoin to gold, over stocks as a form of investment? Preferring it over other altcoins like Monero that the op mentions, perhaps?
The op mentions having Bitcoin (holding it?) long-term, but also the aspect of financial self-custody that fiat on bank accounts doesn't have. So it's not fully clear if it's about money or investment.
I prefer Bitcoin over any other altcoins. I also prefer Bitcoin to stocks and over gold. But Bitcoin vs fiat? It's like I'd rather use Bitcoin if it were convenient, but in practice I use fiat and bank accounts, simply because they are tied so strongly into the economy. I use them because that's how I get my salary (and I can't choose to get it differently), that's how I pay my bills (again, no Bitcoin option there), that's how I make my daily purchases.

I'd prefer Bitcoin than altcoins, gold, stocks as an investment but for regular use, I would like to use altcoins, stable coins than Bitcoin. Because on-chain transaction fee with Bitcoin is more expensive than most of altcoins and if I don't use banks and bank transfer, I would like to choose stable coin for fund transfer or trade with other people.

I know risk of altcoins and stable coins too and I don't store big part of my capital in altcoins and stable coins, just reserve some like in my hot wallets.

Investors getting ridiculed? not much. Because bitcoin is banging! and the governments interest is on bitcoin. Days are gone when people think you fool around with money because you bought bitcoin. Most governmental deficiencies to citizens are met with bitcoin; employments, creativity, developments and online technologies. Citizens of US, Uk, China etc. Benefits. The world is adapting to bitcoin technology, unlike 12 years ago, when bitcoin had a low value, with an approximate low of $4 (https://www.forbesindia.com/article/explainers/bitcoin-price-history/92523/1)

Bitcoin is capable to make us anonymous, but are we also capable to keep our privacy for the longest time? Probably not. Newbies these days find it hard not to disclose about bitcoin and that they are into bitcoin investment, maybe because they are just proud of their bitcoin achievement or they are just too greedy and aggressive about their future profits with bitcoin that are obviously bigger than other sources of investments.

Being anonymous with Bitcoin blockchain is possible but this blockchain itself is public and traceable. If you want to get anonymity with Bitcoin blockchain, you must do it perfectly in practice with your bitcoin from beginning to later transactions with time. If at beginning, you did bad practice, your anonymity gone if you use your known address for many transactions later. These transactions can be linked to that public address and if the address is also linked to your identity, you're done.

Protect your privacy (https://bitcoin.org/en/protect-your-privacy)
Buy Bitcoin anonymously (https://99bitcoins.com/buy-bitcoin/anonymously-without-id/)

If you "prefer Bitcoin not merely for its value" but you're "drawn to Bitcoin for the security, freedom, and privacy it offers", then you prefer Bitcoin for its value. Bitcoin's value comes from them. Without them, Bitcoin doesn't have any value at all.

But you must not confuse value with price. Price is more or less arbitrary. It is what others are willing to pay for something. But value is more or less fundamental. Bitcoin offers freedom. That's the value of Bitcoin, not the $59,000 price it has today.

Things are provided by Bitcoin blockchain like "security, freedom, privacy" and decentralization, no censorship are important components which make value of Bitcoin. Without these things, Bitcoin will not have its high value like now.

Value comes first, price comes later. If Bitcoin does not have good value, its price will be not sustainable and it can be similar to altcoins with pump and dump games and at the end, will have zero in value and price including zero trading volume.

Bitcoin is different than many traditional assets for example real estates, that it is intact with time, no damage of time on it. You don't need maintenance cost to keep your bitcoin against physical damages like real estates. Back up your wallets, and regularly checking usability of your backups is enough.

Bìtcoin is indeed a very promising asset and transaction tool At the moment. In addition, its decentralized nature allows users or investors to become the absolute owners of each asset. Plus, transactions are very transparent, making Bitcoin the safest asset or transaction tool. So it's not surprising that you like Bitcoin because of these things. But I'm a little surprised why you don't pay much attention to the price value of bitcoin. Because I personally think this aspect is also very important. Because currently the price of bitcoin continues to increase, this is clear evidence that bitcoin has more and more users and is proof that the price of bitcoin cannot be manipulated by anyone. Apart from that, if you are really not interested in the price of bitcoin, maybe you are a fairly unique bitcoin user. Because as far as I know, the average bitcoin user has a high interest in the price/value of bitcoin.

Bitcoin is anonymous, you dont know who owns which wallet unless there is some reference to a particular owner on the internet. If some bitcoins are sent to a new address which wasnt used before, nobody knows who owns that address, its anonymous, its not labelled in anyway.

But bitcoin is transparent. You know exactly how much was sent, when and from where those funds came from. Because its all on the public ledger and anyone can view this info.

Monero is different, its anonymous but also the blockchain is anonymous. Pretty sure there is no rich list even on Monero due to its privacy.

Very true about all that you have said about bitcoin this has to me a very key factor most persons should consider Bitcoin over just keeping their funds in the regular banks where they will not be able to have total control over it and even have to stress and pay taxes and certain charges for having their funds kept with such institutions long enough but except for volatility bitcoin does not in any way get to make one have a second taught over their assets at any point where its been invested as they are sure they will meet it whole at some times even increased beyond the amount it was initially.

Bitcoin was created with the use of fast and convenient transactions and at the same time being anonymous. People now see bitcoin as an investment so they grab the chance to make an earning with this recently people see the potential of the bitcoin not only for this but with the help of the bitcoin network other projects came out, now people see the bitcoin or even the crypto currency as a potential use to earn money, being reliable use for payments too. Some of the establishment accepting the use of the bitcoin as payments and having different services of it. It seems bitcoin is the future in short.

The fact is that you can’t avoid the traditional financial system anyway, so instead of avoiding it, why not use it as an opportunity to take advantage of it for the betterment of your life? I mean, aside from owning bitcoin for your intended purpose, there’s no harm in taking advantage of the financial system that eventually ends up in fiat to meet your needs. Regardless of how you protect yourself about privacy and so on, it’s all inseparable from the system that provides the way for traditional finance. Living as a citizen even if you don’t care about government regulations, you’re still going to use fiat, right?

There are many powerful and unique features that make me prefer Bitcoin, such as privacy, decentralization, scarcity, and growth over time. You own your keys, so you own your coins in a real way, not fake ones like banks or centralized exchanges. It is difficult or impossible to find all these features in a currency other than Bitcoin.

Unfortunately, people these days no longer pay much attention to these things, but most of them only care about the price going up or down. Also, government pressure and fear of bans make many people refrain from buying Bitcoin or buy it secretly.

Agreed because I can testify of a difference between my life when I had not invested into Bitcoin and when I got involved in Bitcoin. Bitcoin made me to think more about planning my life more about long-term goals and not to be interested in what will happen in the short-term to make people to worship me when it wouldn't last. Investing for long -term will chance your way of thinking and it will make you to not be spending more on things that wouldn't have an impact on your life. Bitcoin puts me in control of my life because I can have a free way to my money without being scared of the government monitoring me to watch how I spend it. I didn't steal the money so I'm not afraid of being caught but to have some anonymity gives me some happiness. I can hold a big sum without being scared that someone knows about the money and can set me up to steal it because I'm anonymous.

Every one of us has one or many reasons why we prefer Bitcoin. Your reasons for preferring Bitcoin might differ or be the same as some of us here, but that doesn't mean each of our reasons is the best or unique to the other since the major aim of everyone is mostly to make huge profits from their Bitcoin investment, every other thing is secondary. it doesn't matter how long one has hodl their Bitcoin assets or how many Bitcoin they held in their portfolio, it is nobody's concern. Nobody is interested in knowing how many Bitcoins one holds in their control and when they intend to trade it.

Each of us have different reasons why we prefer using bitcoin compared to altcoins. I am not using altcoins but I do use them since the transaction fee is very cheap especially to those who doesn't have lots of crypto assets and it is much faster although bitcoin is what I would prefer to have when it comes to storing cryptocurrency on a wallet.

Really is bitcoin that bad in your society?
Having such numerous bad and evil image in the eye of speculators, in my country bitcoin is not seen as an evil tool that have such a negative image as you make it sound in the above stament, and in fact bitcoin is highly viewed as a positive vibes and anyone that owns bitcoin in my country is seen as an a smart forks because only few people know and own bitcoin.

If you say bitcoin grant you full privacy that is understandable, but to say that bitcoin represents redecul fraud or what have you is a false assumption on your part and you need to change your way of thinking and also try to do more home work in your knowledge building, don't assume anything just learn, because from what I have observed, you lack basic knowledge of what bitcoin truly is.

I don't have to switch to bitcoin because I'm all in already :D

I agree with OP, there's no need to look for a better or more profitable coin. Bitcoin is one of the best possible investments, bet wealth allocation, best way to avoid inflation, best way to remain private.
I watched a video where a a guy explained how he was robbed. He did not trust banks so he held money, guns and silver at home and they came in, broke into his safe and stole everything. It's not that easy when you hold bitcoin.

At first I was confused about understanding your post, but in the end I can say that I agree with you. Value and price are not the same, value reflects the usability and functionality of bitcoin, but price is the final agreement between sellers and buyers for bitcoin. People prefer price over value, of course because bitcoin has so far been generally considered the most profitable asset rather than just its usefulness as a currency.

For what so ever reason anyone must have considered to invest into Bitcoin, it was actually a very awesome reason that lead them to Bitcoin. For every reason that can make someone  invest into Bitcoin, non of those reason are less important or more superior over the other. I actually got into Bitcoin because I was taught that I could make profit from it, but as I get to understand more about Bitcoin, I love Bitcoin for every advantage it offers.

I think we need to choose our reason smartly not trying to come here and impress others by writing some impressive articles on why they like Bitcoin and would never invest in altcoins. Bitcoin is a good coin to hold and it is quite safer compared to many of the altcoins in the crypto market that can easily become rug pull with time. Since the price of Bitcoin controls other coins in the market, I think that is not enough reason for us to jump on Bitcoin because the price is always volatile in case one could be new in the market. I have seen so newbies writing and posting how the like Bitcoin and would always invest in it when they might not even have a single Bitcoin holding.

Well, not only you but anyone can make profit from Bitcoin if they understand how the market works, and the ones who told you that you can make profit from it were right as well.

I'm also like you as I use Bitcoin almost on daily basis for my trading purpose but surely some people use Bitcoin for transactions as it's way better alternative to fiat and can be sent to the ones who live far away from you without any issues.

Let's hope that Bitcoin may grow in value overtime so those who are holding it for long term can have better profits and similarly new investors may consider it a better option as compared to gold or other commodities.

Well, security and privacy are the topmost concerns in crypto. Bitcoin is widely capable for that but provided also that you do your part and become a responsible investor. Otherwise, if you solely rely on the system,  you can never secure your account 100%.

Anonymity is another thing. But you know what, you can always be anonymous if you chose to, but it seems not all are being able to keep their anonymity since they fail to do such measures that will keep them anonymous.

It’s actually not really easy especially in the kind of world we live in. Of course there are ways to remain anonymous but the world is very data driven and our information get leaked every day in multiple platforms if we are not careful with it. If you submit your information to just one platform, you wouldn’t even know that they have used or sold it to other websites. It takes time and effort to make sure your information is safe and secure.

Earning respect through your commitment? Sounds not clear to me.  But if that commitment represents to change the way traditional financial systems and a commitment for decentralization, we can considered that as an acceptance for improved innovations.

As a Bitcoin hodler for almost a decade now, preferring Bitcoin has many challenges to me. There are certainly ups and downs but i am grateful that I am part of this transformative movement and being able to gain profits from hodling it .

Several years ago, it's true that many thought it that Bitcoin was just another tool to do these illegal activities and the currency of the dark market places but no longer today. I think we cannot deny that the financial institutions helped to gain the trust of the people is on them and by just having some touch to Bitcoin, the confidence and trust of people who are doubtful of Bitcoin have changed their minds in an instant.

While holding means that you'll have it for a longer period of time. But some might think that it is a requirement that someone needs to hold it for that long. Well, I've been holding it for more than 5 years but anyone is free to do what they have to do whenever they want like selling it if they're in need. It's not an obligation or a requirement to hold for that long but long term holders understood the power of this type of HODLING.

I will try to explain why there is so much trust in Bitcoin with several issues. My country's banking system is shaky, especially on political issues, my country's banking system is suffering from insecurity. As a result, if you keep money in the bank, there is no guarantee of getting that money back, so if you invest in Bitcoin, that investment is entirely mine, and there is no third party control system. But the economic situation in my country is so bad that the prices of commodities are constantly rising so much that the government is struggling to control it.  As a result, Bitcoin is more important as a money alternative in my country when the amount of inflation is beyond the government's control because Bitcoin is completely out of inflation. Moreover, if you invest in Bitcoin, if that investment can be held for a long time, then there is no other investment that has the possibility of getting more profit.

The mainstream media did its best to try and convey Bitcoin as a currency used only by criminals for criminal activities back when Bitcoin was newly gaining traction but they failed miserably. However, some influencers, media persons, and governments are still trying to achieve this by trying to make a negative image of Bitcoin but people now understand things much better than they used to some years back.


It usually differs from person to person how long they wish to hold their assets and it is influenced by factors such as their financial goals and beliefs in the industry or specifically in the coin they are holding, which is Bitcoin in this case.
Many people wouldn't even wait that long, they would buy and sell their assets pretty quickly only to secure small amounts of profit.

Well, writing good stuff about Bitcoin to impress anyone does not still put any Bitcoin in their portfolio if really they don't have any Bitcoin in their portfolio. So, I don't see how people that does such is being benefited.


Yes, I always hope that Bitcoin's value will also continue to grow over time, so that it can be an advantage on my portfolio too and people will also continue to utilize it.

It's good that at least you understand all this. :)

This happens if you brag about your commitment to bitcoin.

Below you talk about minimizing yourself on social media. So why don't you minimize advertising your relationship with bitcoin to people around you?
 
You are not transferring money, but the value embedded in it. Money is the equivalent of the value you have received through your (or someone else's) labor. Without this value, money is just shredded paper.

If you want to live in the system, you will have to play by its rules (or mimic it).

But how to live after this switching, when everyone around uses money of the traditional system (or derivatives of this in electronic form, like CBDC), and in business (supplier of goods and services) payment in bitcoin is accepted by one and a half companies? :)

Switching to bitcoin should be reasonable, that is, partial, for the purpose of diversification, and not total immersion in this niche, as BTC-maximalists dream. The time has not come yet.

What needs to be remembered we live in a rule of law and in it there are rules regarding tax that regulates or so forth. If we do not want to follow the system then use or save the money in conditions that are not known by the state so that income does not need to be paid taxes. Submitting money to the government in the case that I understand we pay income tax or save it in the bank and if that's the problem you might need to find alternatives. So far we have not really been able to fight the rule of law in a country because even though we have a lot of money will not make us win.

Bitcoin is anonymous when we are not involved as parties who provide identity when registering on the Exchange or so on and the level of security is quite dependent on how a person can keep the asset safer. The problem is that people are too greedy and they spread information to Bitcoin's ownership on social media and maybe the aim is to make money in the media by creating any video content.

everyone has their own choices in finances, we cannot force them,
if one day there is a problem with BTC, can you be responsible for your invitation,
and it is undeniable that if you already know crypto, it will not be enough to have 1 type of crypto, there will definitely be many,

There's actually a lot more for bitcoin more than its valuable profits. It's the most secured investment I know, but it also takes a responsible and knowledgeable person so he can consistently keep his bitcoin investment safe, away from all those eyes who are targeting to steal or hack bitcoin accounts. And above all, I love bitcoin because it's the right investment for everyone, except for those who are weak and get-rich-quick greedy people as they won't succeed with this type of investment.

Anyone can profit from bitcoin if he understands how the market works and has the desire to invest. Some people talk about bitcoin but do not try to demonstrate that they are interested in investing, but it is important to let others know that bitcoin is real. I like how you motivate and try to share knowledge about bitcoin, even if you are not currently involved, but with how you like bitcoin, I am confident that one day you will invest and profit from it. Bitcoin is the best investment I've ever seen in online company and investment since some of the internet are actually scams and try to collect your dollars to invest with them, and if it comes to cryptocurrency platforms, you will see they will be requesting you should send them btc before you can withdraw from there platforms.

If you observe any site seeking a bitcoin deposit, you should be aware that it is a scam. So, instead of involving yourself on other online platforms where you believe you must spend a lot of money before receiving something, it is much better to invest in bitcoin for the long run and achieve something mindful if you are patient and can wait a long time. I enjoy Bitcoin because, unlike other actual businesses, anyone can have access to it. There are so many aspects of Bitcoin that I can't explain everything, but it's amazing.

That is what I don't like about telling people nowadays what to do especially in personal talks. You'll be blamed for whatever the result of what you've told them in good faith. While still, through the forum, I keep on telling people to buy Bitcoin before any altcoin that they wish to have. But it's really a matter of personal reference and knowledge about the investments that we're holding. Not everyone can literally hold on how we have held Bitcoin.

And even all of the explanations about why it is a good choice with all of the feats that it has. Someone can just ignore and disagree about it if they don't think that they're convinced about what you've told them about it. Aside from being the future, the profitability of it really speaks for the whole matter about Bitcoin. Someone is going to invest on it not just because they believe on it but let's all agree and say that it's about the historical gains that everyone has made about it through all of the years of its existence.

There is really no point imposing how we see and feel about bitcoin on other people. While bitcoin may seem like the real deal to us, it might not really be an option to many others. Everyone with their preferences. It is very common to see most bitcoin enthusiasts exaggerating the benefits of bitcoin just to prove that that bitcoin is the stronger cryptocurrency. They may not be entirely wrong, but it is also very neccessary to state the obvious. Let people also know how it feels hodling or investing in bitcoin during the dips. No one will regret choosing bitcoin if they already knew what to expect from the beginning.

Bitcoin is undeniably the leading cryptocurrency. You've touched on its blockchain strength and mentioned a bit about its tokenomics. It dominates the market and carries the lowest risk for holding. However, when it comes to ROI, it's primarily beneficial for the very wealthy a 2x return over 1-2 years is substantial for a billionaire.

Several people are interested in Bitcoin as a digital investment for different reasons that we should understand, even though they have different opinions, but they all have the same goal of seeking profit from the crypto space. We cannot decide on interest ourselves because with high prices not everyone achieves what they want, bitcoin has achieved maximum results and even dominates the world of bitcoin in digital assets. There is no doubt that its popularity until this year is still the choice of investors as a promising future asset.

Indeed we cannot impose the will for everyone to be in bitcoin because something like this is not coercion so that all forms of choice must be based on the wishes of the person himself but in this case suggesting to be in bitcoin does not mean we impose the will because as a consideration of advice is just a situation where we provide the best option to do as for when our advice is accepted or not it depends on those we advise because for each choice it depends on their respective perspectives and we cannot intervene further about the choices they make.

For the problem of one person not only being in one coin, it also depends on determination and desire because until now we can still find that there are some people who remain in bitcoin alone without altcoins even though most people do it in both but there are still those who cling to being in bitcoin alone without any other coins of their choice.

Different persons have different passion of accepting Bitcoin or preferring Bitcoin for investment like me I prefer Bitcoin because bitcoin does not have a third party when it comes for investment but some persons accept Bitcoin based on they have seen that in the price of Bitcoin always Skyrocket in the market that is why some of them accept a Bitcoin from my own observation and research towards Bitcoin, I will say that we have a different conception and different understanding of liking Bitcoin and also investing on it, it may be that we may like to invest in Bitcoin based on the volatility that we find in Bitcoin as a cryptocurrency and other persons may like bitcoin based on the increment level then found in it

It's impossible to say what originally attracted so much attention to Bitcoin. However, the way Bitcoin is gradually gaining popularity, its demand will be at the top as the digital gold of the future world. At some point in the future people will start competing to hoard bitcoins and it will happen that whoever has more digital gold i.e. bitcoins will be considered as more powerful and wealthier people. The importance of using Bitcoin is increasing day by day and as it is completely inflation free, its impact on the economy is never negative.  As a result, people get more benefits by investing in Bitcoin instead of keeping money in the bank.

It seems like everyone involved in this forum has already chosen Bitcoin, whether it's because of the freedom, decentralization, increased privacy, and all the other things that Bitcoin offers. And moreover, when you choose Bitcoin it doesn't mean you have to give up fiat or banking, you know that most of our real world needs are still tied to fiat and banking, like it or not you can't replace them completely. I know that you want to campaign about how one can get various benefits from switching to Bitcoin and why one should choose it, but you don't seem to need to say that on this forum because 99% of the people here have already chosen Bitcoin - and there are some misconceptions about what you are saying, so if you said it outside of this forum people would probably think you are delusional.

The world is cruel and very manipulative which is why we need to protect privacy at all cost but as much as I see that Bitcoin has been a saving grace for all of us to use it and send value from one person to another, we are doing worst of breaking privacy in another form which is the use of Social media. Literally almost all the social media platforms have artificial intelligence embedded on their platforms and people are using it not knowing it's there data that are been toyed with.

The social media is too far, Bitcoin it's self is not been used the proper way. People prefer to use centralized exchanges to hold their coin than to use their own personal wallet and you wonder if people really understand what Bitcoin is about and how to maximize its full potential. Only people which ofcourse are the pioneer of Bitcoin and maxis still cares about all you have mentioned, you never see them online with their images or details, privacy at its peak always.

Today more people are hoarding bitcoin because they have an interest in the price of bitcoin not in its direct use, they trade bitcoin and consider bitcon as an investment asset in today's digital assets that have the clearest fundamentals and are very interested.

As in general Bitcoin is an asset that has unstable price fluctuations, and whether it is profitable or not, you have to think about the projections of the trading market when there are profits there will be losses, the people who lose are the people who buy at the top and they get out of bitcoin, and the people who profit from bitcoin are those who buy and then hold on until the purchase price becomes a low price of the market price.

But I want to understand from your sentence about that bitcoin has nothing negative to the economy, what are the underlying reasons and factors that make you speculate like that, I am very curious.

Balance in this case needs to be shown also in the form of their respective conditions, maybe if we assume in countries that already support payments or transactions with goods using bitcoin, this is quite logical because there is no need to save fiat, but only a few countries allow transactions using bitcoin, therefore tips require saving fiat money as well because our needs are bought with fiat money, so there needs to be money management, and bitcoin becomes an alternative investment for us.

Investors are always looking for more profit. When Bitcoin increased from $10k to $60k, many people became interested in Bitcoin for a big profit. Also, its decentralization is one of the features that governments fear. According to the new news from Pavel, the price of Ton has decreased and if Pavel's accusations are revealed, the Ton network will definitely lose many of its users. That's why we have to thank Satoshi for his disappearance.