Why should i invest in bitcoin or other cryptos ?

[ultrloa]

You shouldn't invest in crypto, crypto is a scam, a big pump and dump scheme in the long run. You should invest in Bitcoin, providing you understand the risks and know how to use it safely. Bitcoin is projected to go up because it's supply is limited, yet demand is growing as more and more people discovering it and wanting to own it. Other coins don't have such properties.

There's two side on this and I agree that he shouldn't invest on crypto which doesn't have any good future nor have a good systematic planning since if he invest without doing a research he might get fall from scams and other pump and dump scheme as you said. If people are new into this maybe better to go with bitcoin Ethereum and other top since this is the basic and got a good reputation on their investments.

[Swopon]

Why should i invest in bitcoin or other cryptos ?

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?  

Why do you think that these things which are valid for conservative kinds of Investments would also be valid for Bitcoins??

This is honestly something a big problem for the whole community day after day people come down to try and compare them with things like : Land and Gold. Now you have to understand for a fact that you cannot sort out your dividend here what you can do is to see how your investment went over the years.

For example if you did invest at a time when btc was x , you can cash out when it's 3x and get 2x as dividend!! Which is something that you would ofcourse have to consider since in how many years would you get this 2x dividend?? From your land ?? How many years exactly??

This is an investment.
This cannot be compared to a property for sure.

Nice explanation. Some people compared Bitcoin with oil and gold too. From my neighbors, some of my mates also thinking same as like OP. There is a risk which is less in gold and oil compared with cryptocurrency investment. Taking risk after knowing is a big thing and Making investment will be considered as advance level. So, you must believe in your work which you gonna make. Do whatever your mind goes for, don't give up.

[Sithara007]

There's two side on this and I agree that he shouldn't invest on crypto which doesn't have any good future nor have a good systematic planning since if he invest without doing a research he might get fall from scams and other pump and dump scheme as you said. If people are new into this maybe better to go with bitcoin Ethereum and other top since this is the basic and got a good reputation on their investments.

If you are going for a coin that is outside the top-20 list, then you need to do proper research about its future potential. Out of the 10,000 or so different cryptocurrencies created so far, more than 90% are now dead or dormant. If you make investment in the wrong project, then you may end up losing all of your capital. For now, I would stick with the already established coins, such as Bitcoin, Cardano and Ethereum.

[el kaka22]

I believe there are too many answers but I think the best one could be basically "I do not want to be in the fiat world", why need anything else? I have been in the fiat world for a very long time, there if I have a debt and fail to pay I get all my things taken (could be definitely well deserved) while big names like huge banks go into debt and they just get bailed out.

I am not saying small time people like me should not pay their debt too, in that case nobody would pay anything, but when you give them money so they do not bankrupt, and you do not take taxes from them in name of tax cuts and basically you make them richer and richer all the time, that doesn't make any sense to me at all, I would rather live in a situation where we are all equal, do not pay my debt too but at least bankrupt those big banks as well that is what we should be doing.

[aysg76]

Why should i invest in bitcoin or other cryptos ?

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?  

Just go and research first and you will get to know returns of property and return of crypto investments and then you can make comparisons between both of them and then make such statements.The real estate has become little off road investment option for the investors these days because of the slow returns over your investments and its still not guarantee you will that much profit.Bitcoin and other profitable altcoins have generated much higher returns this year and will continue the same in future.
Bitcoin has generated over 62000% returns over 10 years. Which real estate business have given such returns ? The rest choice is yours.

[conected]

Why should i invest in bitcoin or other cryptos ?

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?  

Just go and research first and you will get to know returns of property and return of crypto investments and then you can make comparisons between both of them and then make such statements.The real estate has become little off road investment option for the investors these days because of the slow returns over your investments and its still not guarantee you will that much profit.Bitcoin and other profitable altcoins have generated much higher returns this year and will continue the same in future.
Bitcoin has generated over 62000% returns over 10 years. Which real estate business have given such returns ? The rest choice is yours.

- Indeed, the only plausible explanation could only be the profits that bitcoin and other cryptocurrencies bring, although I don't know how much profit bitcoin is giving each person but according to my observations every year, the crypto market generates a lot of rich people at a very young age, there's no denying that some have failed but overall, the success rate is still very attractive if we invest in bitcoin. Other real estate or investments can also be profitable, or even safer but the capital requirement and the waiting time are too long, the rate of return is not really attractive

[LUCKMCFLY]

Why should i invest in bitcoin or other cryptos ?

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?  

You must be clear if what you want is to invest or be a market speculator, if you want to be an investor you just have to put your money in Bitcoin and wait as long as necessary until you consider the profit, generally it is best to monitor the movements, if bitcoin falls in price you should not fall into despair, have adequate patience.

The radical difference between the Stock Market and the Bitcoin is that the Bitcoin can give profit quickly, that is, it can go into a bullish trend very quickly, the Stock Market cannot, it can take around 8 to 10 years to see benefits in the investment.

If you want to be a market speculator, you must go in the direction of the line of least resistance, that is, if the market goes down, you go down with the market and you win, if the market goes up the same. With the alts it is another case, since they all depend on Bitcoin, some can rise a large percentage, usually they are pump and dump currencies, otherwise, while bitcoin is in a bullish trend you can make a profit since the alts follow the price of Bitcoin, but if the bitcoin falls in price, the highs bleed very fast and with high percentages.

[michellee]

Why should i invest in bitcoin or other cryptos ?

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?  

That will depend on you to invest in crypto or not, as we do not force you to do what we did. If you do not want to invest in crypto, you can buy land or the other investment type and enjoy your profit. But if you're going to diversify your investment, you can invest in crypto as in crypto, and you have so many coins lists that you can buy and hold for some time. The return from crypto will be varied and will not be the same as the other investment type, so you need to be careful to choose the coins, even if you invest in bitcoin. Before you invest in crypto, you need to research for the coin to know what coin you should buy and hold.

[shushu9977]

Some people are invest in crypto-currency and they were millionaire, because the profit of crypto-currency very much, but some time the crypto market is very down and they lose their few money. On the other hand, if you buy a land, it will be good, because it can give you profit but very little  or low profit.

[Shohanur]

Actually it will depend on you that how much risk you will be able to bear. If you want to low risk then you can go for bitcoin and if you want huge profit and there will be high risk, then you can go for others altcoins.

[Dragonfund]

Investing in bitcoin and buy a land for future value is similar as bithod then tend to have profit 8jnthe future. When it comes to dividend, that's another topic which I believe it's not associated with bitcoin, just 21 million except you would want to lend out or stake in a reputable exchange or platform to earn some interest term as APY.
There are also other some altcoins who pay dividend to their holders expecially the centralized exchanges such a kucoin exchange, Binance exchange. They alway buy back and share this token to holders inform of dividend.

[btc_angela]

Why should i invest in bitcoin or other cryptos ?

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?  

What kind of land are we talking here? farm land? yes if may give you dividend each year, but the profits are not the same. Plus if you are going for crops, you also need to have capital to begin with. And then you have one enemy, Mother Nature. Sometimes your harvest are going to be different specially if there are typhoons coming your way. And then we have the extreme drought, El Nino phenomena. Weeds? that's illegal in most country, so if you are caught, then jail time for you.

[milewilda]

Why should i invest in bitcoin or other cryptos ?

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?  

We cant really just ignore those typical inherited or given or bought land but to know the fact that it will vary on how will you utilize those lands for your own benefit.Not all would really be capable to be planted
and it does need significant amount for you to make out some commercial rental buildings or simply tries to plant something but i cant really just ignore that kind of fact when it comes to benefits in long
term.It is just a matter on how things being handled because success in financial can be attained in lots of forms and ways it doesnt matter if it does include traditional businesses or crypto because
the main point or plan/target is just the same which is to make profits. It might be different on level or aspects but still on the same concept.

[chaoscoinz]

Why should i invest in bitcoin or other cryptos ?

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?  

Disclaimer: "I am not a lawyer or financial advisor. I am simply stating my opinion. If you seek legal or financial advice, please consult with your local professional"

I think that I get the jest of what it is that your referring to my friend. I believe that you your asking what benefits will you occur from investing in cryptocurrency's and how does it's very complicated o understand dividend systems work. Bitcoin is the founding coin and it's dividend system is based upon a peer to peer "proof of work" to operate. IN order to generate more coins, you must become a miner through validating transactions by solving cryptographic puzzles.
   Bitcoin doesn't really offer dividends as rewards, but rewards participation from miners. However the lightning network helps you earn as a node. Now Ethereum is a whole different ball game my friend. Ethereum just recently became a "proof of stake". "Proof of Stake" lets you earn dividends by locking tokens up tokens by staking them. Staking nets you interests in whatever proof of stake coin you invest in, granted that you have enough to actually yield anything.
  Their are many different ways  to earn dividends, here is one more. It is called Defi, which is short for "Decentralized Finance".  You lock up collateral by lending it to a decentralized platform and in turn you can earn governance tokens, which have their own market value, as well as interest on your lent coins. The biggest thing about it is you can as borrow against your lent collateral while it's earning interest.
  These are just a few examples, so please remember to practice your due diligence and do some research before making any investment. The best investment is always an investment in yourself (priceless)!
                                                                                                .

[LittleBitFunny]

You have to do if you want to lead a life in modern civilization era. Man's becomes quicker and smarter than before, So if you do not invest in Bitcoin then You will be left out of the touch of modernity. You can use it as a digital currency, you can use it as an asset or investment.
The great truth is, You can't stay away from Bitcoin, You have to accept it or you have to see the success of others people who invested in Bitcoin.

[Shasha80]

There is no compulsion to invest in cryptocurrency, but if we look at the many institutions investing in Bitcoin. This proves that investing in Bitcoin is
very profitable and has a bright future, so it would be stupid if we even refused to invest in Bitcoin. In my opinion there is no reason for us to
refuse investing in Bitcoin, Because Bitcoin proves that in a pandemic situation like now it can provide profit to its holders is a tremendous thing.
Because not all assets can provide profit to holders in a pandemic situation like now.

[uneng]

Nowadays the potential of profits when investing in bitcoin is higher than when buying a piece land. Furthermore, to make profit with your land you would still need a big investment besides buying it to turn it into a profitable activity and a lot of personal effort.

With bitcoin it's different. You just buy the amount of coins you wish, it can be a big or a small investment, and wait until they increase in price.

However I'm not saying to buy a land is a bad investment. Actually it's a very safe and desired one, but the point is that it's not so simple and cheap like buying bitcoins and other crypto. If you have financial conditions just go for both options: crypto currencies and lands.

[Maestro75]

Why should i invest in bitcoin or other cryptos ?

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?  

Your analysis of the two totally different investments shows you do not completely understand what bitcoin and cryptocurrency is. Real estate can not be compared with the modus of bitcoin. While land is as ancient as it comes bitcoin is as modern a technology that has made the lives of many great. On the other hand if you want to compare the level of profits generated by both, you can give it to bitcoin. An investment in land can not give you the profit as what bitcoin gives within a specified period of time. Imagne if you invested as low as $6000 in bitcoin in 2020 and the same amount in land too. That $6,000 would have given you more than $60k in less than a year which land can not give.

[Trinx01]

Why should i invest in bitcoin or other cryptos ?

No one will force you to invest in bitcoin, it is up to you if you want to then go if you don't want then it is your loss. If you don't want a high risk then I don't think that bitcoin will suit you.

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?  

I have always noticed that a lot of new members here are comparing some other things to bitcoin, such as gold then now the land, cryptocurrency is different from such things so don't expect too many things that you may acquire in real life to crypto.

[tygeade]

Why should i invest in bitcoin or other cryptos ?

If you buy land, each year even if you don't work it you get weeds ... if you dry them you can use them to make a fire ...and in turn that generates energy ...

Meaning: that piece of land is giving you a dividend each year .

Where's my dividend if i invest in crypto ?  

It's quite ironic that you are saying this when Bitcoin is going through its best phase ever. Your dividend? The price increasing every year is the dividend and whether you sell or not is up to you.

In fact, if you just buy Bitcoins every year and sell them at the end of every year, you will easily make more profit than you would make by purchasing land and doing anything with it.

If you require even more frequent profits then Bitcoin isn't for you and you would rather look towards trading altcoins and although much riskier, it gives you faster profits.