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Author Topic: Is bitcoin a must asset according to today's scenario ?  (Read 131 times)
stevemichael (OP)
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January 28, 2018, 02:16:51 PM
 #1

People are crazy behind the bitcoin now and it's popularity is increase day by day and among youngster it is very popular.
So is it must asset in today's life?

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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January 28, 2018, 02:48:15 PM
 #2

I think it's wise to be in. You want to see where it can go and what it can be. I would say don't be blinded by it. There are so many ways to make, and possibly lose money but crypto is certainly going to be serious in the years to come
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January 28, 2018, 02:52:28 PM
 #3

Obviously yes.Now many new people started to inverse their own money in bitcoin.Now most of investors start to invest in bitcoin rather than a Gold,diamond and other assets in the market.
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January 28, 2018, 02:55:44 PM
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Well, if it was the tool that was missing by the time we are in the digital age with bitcoin we prepare the way to the future of this digital age and if many young people join every day so we have to be aware of the change and where we are going

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January 28, 2018, 03:03:17 PM
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I don't think it's a must but I is a very good and profitable asset. It is better than gold in terms of ROI, a more secure investment and is readily accessible wherever you are.

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January 28, 2018, 03:48:38 PM
 #6

Well it certainly is. Bitcoin is just getting started and its real effects are meant to be much farther reaching than just a few thousand people multiplying their portfolios.
Bitcoin is working to enable micro transactions so that everyone can use it for as small amounts as needed. These scaling solutions are layer-2 solutions that are dependent on the main blockchain for their authenticity. A lot of work and research has gone into it and it is being deployed even as we discuss this here and even as the usual naysayers continue their FUD.

No matter what others claim, none of the other crytpos have the same level of decentralization and network infrastructure that bitcoin has. With Lightning Network, it will be the first of its kind to have it widely deployed.

It is here for the long run and is definitely worth a small part of your investment. It should be treated as making yourself part of something revolutionary. If you are not excited by the technology, its potential or don't understand it, then its best to stay away.
Those kind of people generally cannot stand the volatility and turn into naysayers. Nobody wants them.
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January 28, 2018, 03:59:37 PM
 #7

As long as bitcoin is used to buy altcoins It is a must. If people change their mind and start to buy Altcoins by using Ethereum, then the importance & effect of Bitcoin will decrease in the long run.

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January 28, 2018, 04:01:29 PM
 #8

the thing is that fiat currency (us dollar for example) is always going down !

do you wanna hold a currency knowing that tomorrow will worth less than today ? your choice
miyaka26
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January 28, 2018, 04:12:21 PM
 #9

People are crazy behind the bitcoin now and it's popularity is increase day by day and among youngster it is very popular.
So is it must asset in today's life?
It is not really a must for the people most for youngsters to hold an asset of bitcoin for their own personal use and investments, it's still their choice to choose cryptocurrency or any other assets, it is not mandatory nor required for them to hold a bitcoin, there are areas from cryptocurrency which is complicated that is needed to hold or protect such assets from threats, Fuds and mental breakdowns due to the dumps and sudden fluctuations. You may lose your money if you are lacking with experience and information.

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January 28, 2018, 04:25:17 PM
 #10

Negative, There are many more places for investing your money. If you want to invest in cryptocurrencies solely because everyone in your vicinity is doing it then you should not invest in it. "You should not invest money in something you don't know"
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January 28, 2018, 04:44:15 PM
 #11

People are crazy behind the bitcoin now and it's popularity is increase day by day and among youngster it is very popular.
So is it must asset in today's life?
I think yes bitcoin is an asset for youngster, because my son is a bitcoiner he treat a bitcoin an asset that give him profit. They invest in bitcoin for his future, he search and studied about in bitcoin how it works in the market and how to gain profit in investment. Bitcoin is an asset in his life.

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January 28, 2018, 04:53:12 PM
 #12

It depends upon what the person has in his mind. This is a bitcoin forum, everybody would tell you yes, you should,you must without giving a proper explanation why. Ask yourself why people are going so crazy about bitcoin, read about it and then ask yourself again do you want bitcoin to be a part of your portfolio? One must ask himself various questions about what he wishes to do before asking out to the world, as he may not be expecting the replies he may get from others and he may end up being bewildered. Ask your conscience, the first thing that comes to your mind should be the decision you have to make, don't have second thoughts, it doesn't result good in 50% of the circumstances.  Tongue


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