10 good reasons to buy bitcoin now (2018 edition)

[malekbaba]

Thanks for the acticle, it is well written and I appreciate your efforts. I think crypto and fiat will live side by side. What if whole economy collapse? After all we need fiats. BTC is just young and almost 95% people (in my territory and my neighbor countries ) do not know about it. So if economy collapse, it will ruin everything. There will be world war or massive economic crisis. People will die, least sector to invest money. Within short time BTC will not replace Fiat. So if Fiat faces crisis, BTC will suffer too

[korkor]

In 2016 I wrote an article laying out 10 good reasons to buy bitcoin then. Now I have published an updated version.

https://medium.com/@Technomage/10-good-reasons-to-buy-bitcoin-now-2018-edition-8e990a50a9e1

This is quite an interesting article. I definitely agree with all your reasons to buy bitcoin. I believe sharing this article can help people who are ignorant of the facts relating to bitcoin will help relieve them of the negative info they have and know about bitcoin.

[Oliveir]

One good reason is enough for you to buy Bitcoin for your self, like Bitcoin will have a huge effect on the future when it comes to changes in terms of payments and process of everything.

[Indamuck]

The best time to buy is always today.  You can't predict the small swings but history has shown it is never too late to buy bitcoin.  It's quite funny because most people are afraid to buy in this market but they were the ones saying "I wish I bought in earlier when bitcoin was under 10k."  well now they have the chance but they are scared.

[btcluisdiki]

I believe that this is the best time in buying btc in this current situation while market price value is a bit lower this time.  It has been several months since it had experienced a bear market and definitely this is expected to make a pump in the coming months until Q4.

[Elachious12]

I don't believe in all this analysis, I have come to realize that Bitcoin investment is unpredictable due to it volatile nature, did anyone know that Bitcoin will drop to $6k by now?..

[Markyway88]

In 2016 I wrote an article laying out 10 good reasons to buy bitcoin then. Now I have published an updated version.

https://medium.com/@Technomage/10-good-reasons-to-buy-bitcoin-now-2018-edition-8e990a50a9e1

You are really a bitcoin enthussiast! If I just have enough merits, I will send you.
Anyway, the article gives me a beam of light that the newbies can enter in bitcoin in 2018 because it goes floor from $19500 down to $5900 last weeks. It was stated at your article that LN can also be a factor why bitcoin will surge in 2018. Aside from that, the reliability and scalability of bitcoin for more than half decades proved how bitcoin works and efficient for the users.
I really like your top 10 good reasons why we need to invest in BTC.

[Technomage]

The best time to buy is always today.  You can't predict the small swings but history has shown it is never too late to buy bitcoin.  It's quite funny because most people are afraid to buy in this market but they were the ones saying "I wish I bought in earlier when bitcoin was under 10k."  well now they have the chance but they are scared.

Yes, it is usually a good time to buy bitcoin. I'd say that buying late in a prolonged rally is maybe the only exception. Any other time is good.

And what you said about fear is absolutely correct. People who don't have a clue always say "the train has left the station" and that it is too late. Then when it goes down they still don't buy as they're afraid it never rises again.

Advice #1: Don't be one of those people.

[Al-e_x]

point 4 is very interesting, you are right, until today bitcoin brings the crypto world into the mainstream, and will dominate the market and transactions in the future.

bitcoin dominates market prices, bitcoins control the crypto market. I think this is a good reason someone to buy bitcoin.

[mbenga]

In 2016 I wrote an article laying out 10 good reasons to buy bitcoin then. Now I have published an updated version.

https://medium.com/@Technomage/10-good-reasons-to-buy-bitcoin-now-2018-edition-8e990a50a9e1

So, we can make a conclussion that every time is a good time reasonable to buy Bitcoin, lol. I am going to support that belief anyways!

[btcCoincart]

Nice article! Keep on going man! We need somebody who gives some good ideas as you!
Thanks again for your written article

[godfredmanu]

All these 10 good reasons are right and still holds but to me to hold bitcoins is to enjoy the long term profitability that bitcoins offers to its holders.

[Baimovic]

I have a bit comment on point number 1, we know that the correction always gives us a chance to buy more bitcoin, bitcoin decreased 70% after bitcoin reach 19K. and we are sure that if we buy bitcoin today, then we will get greater than the percentage of the decline.

but, we are always worried about the panic, a lot of stupid bitcoin users out there, and they do not understand the concept of bitcoin volatility, they only understand the euphoria when bitcoin is bullish.

I'm worried that bitcoin buyers will get a bad impact from their panic.

[danggoron]

The first and fourth points provide a strong reason to buy bitcoins now. When compared to the peak prices at the end of last year, the current price decline is quite large, so this is a good opportunity, who knows the price back to peak, even more. Do not miss this opportunity.

[Crypto one]

In 2016 I wrote an article laying out 10 good reasons to buy bitcoin then. Now I have published an updated version.

https://medium.com/@Technomage/10-good-reasons-to-buy-bitcoin-now-2018-edition-8e990a50a9e1

This is really a good article, I wish I cut have seen your 2016 edition, when you made that one, but I was not in crypto back then, but a article like that would probably have got me into crypto.
I really like your conclusions,and agreed that bitcoins are a few steps away from a new bull run and global dominions.

[jimmydvd]

Very good article, it may be that bitcoin is experiencing a price correction and this will bring bitcoin to a healthy judgment, and this low market sentiment factor is a good time for us to take the decision to buy bitcoin so that when the bitcoin price returns healthy we can feel the benefits of the bitcoin price.

[jademaxsuy]

In 2016 I wrote an article laying out 10 good reasons to buy bitcoin then. Now I have published an updated version.

https://medium.com/@Technomage/10-good-reasons-to-buy-bitcoin-now-2018-edition-8e990a50a9e1

Yeah nice article i wish you will going to publish more since you have very good thoughts among bitcoins that will possibly lead to a very good market price for it in the near future. As we all know that one thing that could attract investors is the like of this article that will boost the confidence of the investors to invest or buy bitcoins.

[burakdat]

I like the article and i agree with all the good reasons to buy bitcoin now. As we all know that bitcoin system is still growing and there are still plenty of room to grow. If we can convince all the people around the world to look  upon this system then definitely money will be flooded to invest or buy bitcoins which means also that the bitcoin market price will go higher.

[Jendral Istimewa]

Your reason for buying bitcoin is very good and precise, because I also believe that bitcoin price every year will improve and we can get a very fast profit.

so right so the market situation down let's use to buy bitcoin because the price is definitely much cheaper and we can save with long-term with a time two years then sell when market price rise. which is important we must be strong in a market that is not as stable. when the time is right and get profit and then sell.

[posi]

And how o you know that the demand will be overwhelming once ETF is approved. I think it it was just approved and we're only waiting for the launch, but it doesn't mean that suddenly everybody will want it. There's plenty of people waiting for an opportunity to sell with a profit and the market isn't ready to go crazy yet.

It will be a big buy signal for anyone already in the game, so the first wave of money comes from the ones already standing in the sidelines. The money coming through an ETF itself is only a part of this and it will come in later on. And once more and more people start to think "the bottom is in", the craze will build itself again. I think there is a decent chance the ETF could be the spark in this. It's important to think of it as a spark.

I agree with what you said cause I believe it will build more confidence in the investors and most people the ETF could make bitcoin go mainstream. While, Jan van Eck said ETF will provide an insurance component which will help protect shareholders against the operational risks of sourcing and holding bitcoin.