Reasons to Invest in Bitcoin??

[techearn17]

My goal of investing in bitcoin is only one, which is to get a big profit and immediately change my life for the better, currently I work in an office with a monthly salary of about $ 600, the total needs of my life a month about $ 350 so I invest bitcoin every month around $ 100-$ 150.

If you invest fifty dollars, no one can stop you from getting better We should invest ten dollars a month to improve our future Bitcoin is giving us a golden opportunity to ride our future After a few years, people will want to buy Bitcoin but will not be able to do so, just as people who want to buy gold now cannot afford it.

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[Abiky]

First I want to say that I have some Bitcoin and I want to see it go to the moon. But I have some questions regarding the reasons that people give as to why Bitcoin is a good investment. 

Reason 1: You are in control of your own money - government overprint cash which devalues the dollar, but big influential people and institutions can devalue Bitcoin with a single tweet. Bad news, issues with mining, and other things out of your control can devalue Bitcoin.

Reason 2: Nobody can take away your bitcoin whereas the bank can confiscate your cash and lock your account - should I worry about my bank doing this if I am not doing anything that is illegal?

Reason 3: You can send it to anyone in the world - why would people want Bitcoin when you cannot use it to purchase in many stores? Plus ii takes too long for 1 transaction to go through.


Please correct me if I am misinformed. 

You're mostly correct. Bitcoin is all about financial freedom, empowering people to take control of their lives without fear of censorship or fraud. The pioneer cryptocurrency is still cheaper and faster to use than a wire transfer. Altcoins are even better in this regard, making crypto/Blockchain tech the preferred way of sending money worldwide without middleman. All you need is an Internet connection and you're good to go.

The fact that Bitcoin is decentralized and outside the scope of mainstream governments and central banks alike, should be a reason for anyone to invest into it for the long term. Volatility is something you'll need to keep in mind if you're planning to cash out Bitcoin to Fiat. But that's no longer a concern if you use Bitcoin directly for goods and services. More people are realizing Bitcoin's true benefits relative to Fiat, so it should only be a matter of time before mainstream adoption explodes like crazy. Banks are envious about Bitcoin, so expect more oppression against it in the future. Just my opinion

[Vishnu.Reang]

True. It is anti inflationary and growth oriented and fully De-centralized currency. This is the best growing  asset during the past 13 years, even better than AMAZON share. It will continue its growth journey in coming months and years because its supply is very limited and mining will stop when it reaches 21 Million and no one can exactly predict , it will be worth how many Million $ when last block of Bitcoin will be mined.

How many times it needs to be repeated? The mining will not stop once all the 21 million coins are mined. The mining reward consists of two parts - block reward and fee reward. The fee reward will remain as long as BTC is used for transactions. And in another two decades or so, the mining reward will primarily consist of fee reward (since the block reward halves every 4 years. The next halving is scheduled for 2024). But I agree with the other aspects, such as decentralized nature and protection against inflation. These aspects make BTC a lot more attractive to the investors.

[cotton ball]

the bitcoin market is in a downward trend compared to a few months ago. this makes it one of the moments for investment because if bitcoin experiences an increase this will be a big profit for us

this is how wise people think, because people who have played in bitcoin for a long time will definitely take advantage of every opportunity that exists, when bitcoin is down, wise people will definitely buy bitcoin, and invest, they will wait for the right time to resell bitcoin they, that's the wise people in seeking profit..

[YOSHIE]

Please correct me if I am misinformed.  

I do not deny your reasons for investing in digital currency (Bitcoin).

Of course, everyone has their own reasons for 'investing' as well as me and you, have their own principles and ways to do it, the point is profit.

Since the birth of Bitcoin to the internet world, admit it or not, what is clear is that the pattern of changes in the economic structure of the people has changed a lot, Be happy, for people who have known Bitcoin from the beginning until now.

[Easteregg69]

Dunno if it went bear or bull I used it for "Store of value".

Herligheds værdi.

[ropyu1978]

Dunno if it went bear or bull I used it for "Store of value".

Herligheds værdi.

true as you said we will not care about bears or bulls, we know we invest in bitcoin for profit, we take care of the assets we own, to be able to profit in the future, that's what we invest in bitcoin for..

[Republikcoin.com]

My goal of investing in bitcoin is only one, which is to get a big profit and immediately change my life for the better, currently I work in an office with a monthly salary of about $ 600, the total needs of my life a month about $ 350 so I invest bitcoin every month around $ 100-$ 150.

Your goal is very greedy, even you only know Bitcoin is about profit, not the technology which is the most important thing here. Blockchain technology has succeeded in bringing all crypto communities into a transparent ecosystem. Blockchain technology is what keeps Bitcoin alive and is known as a revolutionary cryptocurrency.
Try to stop thinking about the profit from cryptocurrencies, and think about making Bitcoin easier for everyone to accept. Be an influencer in the blockchain world, introduce blockchain to others so they can enjoy this coolest financial feature.

[rozak]

some people think for the long term of course bitcoin is the main choice.
Moreover, the power of bitcoin's dominance in the market is very strong, of course making bitcoin the main asset in the market. why don't we have it?
most importantly, bitcoin will not cheat us for money that will be gone forever. because when it dumps there will be a pump.
but the thing to consider, investing in bitcoin will require large enough capital to get big profits too.
we have gone through several years of bitcoin development. we've seen bitcoin at the bottom and reaching new peaks. bitcoin will never die.

[Husnain651]

Bitcoin’s value has been going up for the past couple of months. After the cryptocurrency finally managed to stabilize at the beginning of 2020, experts predicted that it will rise and possibly break the 2017 record. Not only did Bitcoin reached that milestone at the end of the year, but it breezed past it. As of the end of February 2021, the price for 1 Bitcoin exceeds $50,000, which makes this cryptocurrency as valuable as gold.We all know that the main reason why people are so willing to invest in Bitcoin is the fact that it can turn them into overnight millionaires. You can earn Bitcoin by mining it and buying it at a lower price than the one you hope to sell.

[Murtaza345]

Because everyone want to earn good profit by invest some money ,and we want to invest money in good project,and bitcoin is very good project to earn very good profit in very short time.And more in past few days we have seen the price of bitcoin increased,and we have got very good profit,which other platform can not give us profit like bitcoin ,and there are many more reason to invest in bitcoin platform.

[Smartvirus]

One major reason why most persons invests in bitcoin is because of its dominance. Bitcoin has been known or seen to dominate the market or crypto space so well that, you can barely think of the word crypto without thinking of bitcoin, it's virtually not possible. The world has come to know cryptocurrency becuase of bitcoin, a privilege it enjoys by being the first and so does it as an investment choice. For this reason, bitcoin has endured a staggering growth in the crypto sphere that so many forget or do not even think of the possibilities that exists in mining or purchasing of altcoins.

Bitcoin is believed to be the currency of the future, at least it could serve for most things, it stands as an asset of value and has stood the test of time in over a decade. The fact that, its yet to reach its full potential is one of the reason why its investors find it more promising a lot. Bitcoin would continue to strive and even as a scared commodity, it would strive still.

[livingfree]

because this business.is very good for us.to benefit significantly.and also the way this business.works is.very transparent.and also so easy for beginners.who want to do this business.in any case.and don't need to be complicated.to sell.or buy it.again, because this.is it.The reason I entered.the world of bitcoin was.to study.it seriously.and also how to get as little profit as possible

It's not easy for beginners to succeed in investing in bitcoin.

I've seen a lot of newbies give up too early because they were discouraged by just looking at the correction. They're here for the quick profit and although that's possible with their good timing.

But it won't be the same for everyone.

[adzino]

First I want to say that I have some Bitcoin and I want to see it go to the moon. But I have some questions regarding the reasons that people give as to why Bitcoin is a good investment.  

Reason 1: You are in control of your own money - government overprint cash which devalues the dollar, but big influential people and institutions can devalue Bitcoin with a single tweet. Bad news, issues with mining, and other things out of your control can devalue Bitcoin.

Lol, you just said that big influential people can "devalue" bitcoin with a single tweet as a reason why people should invest in bitcoin. So when they do that, just invest more. You will be helping the price to go back up and in the long run, you will also be making more profit.

Reason 2: Nobody can take away your bitcoin whereas the bank can confiscate your cash and lock your account - should I worry about my bank doing this if I am not doing anything that is illegal?

If you aren't doing anything illegal, the banks won't lock your account. And no, if you acquire those bitcoin illegally, your government can confiscate your bitcoins depending on the law of your country.

Reason 3: You can send it to anyone in the world - why would people want Bitcoin when you cannot use it to purchase in many stores? Plus ii takes too long for 1 transaction to go through.

It is because bitcoin hasn't gone mainstream yet. There are stores that you can find online that accepts bitcoin. Give it a few more years and maybe we will be spending bitcoin on physical stores. And for the transaction confirmation delay, I am sure we will come up with a solution one day.

[breathlessz]

Because everyone want to earn good profit by invest some money ,and we want to invest money in good project,and bitcoin is very good project to earn very good profit in very short time.And more in past few days we have seen the price of bitcoin increased,and we have got very good profit,which other platform can not give us profit like bitcoin ,and there are many more reason to invest in bitcoin platform.

actually besides bitcoin there are also other avenues and other options for a good investment. but the facts in the field that bitcoin has the greatest potential to quickly generate profits. in terms of the price of bitcoin has the highest price and also greater profits keuntungan

on the other hand the largest capitalization is in bitcoin, so many people feel safe investing in bitcoin. I think after investing it takes patience to wait for the price to return high, and we have to leave the market, so that the profit we already have can be taken instead of burning out of greed

[fuguebtc]

There are many different reasons to invest in bitcoin. Bitcoin is decentralized and peer-to-peer. We can use bitcoin as a payment method or a place to make a profit without being controlled by a third party. Bitcoin and crypto are hype, this is why many people invest to get rich quick.

[Charot12345]

Reason 1: You are in control of your own money - government overprint cash which devalues the dollar, but big influential people and institutions can devalue Bitcoin with a single tweet. Bad news, issues with mining, and other things out of your control can devalue Bitcoin.

Your are really in control of your own money but not it's value. An influential people can affect Bitcoin. If they advertise it in a good way, sure that it has agood impact but if they spread news that was not even true or against bitcoin it can devaluate its value.

Reason 2: Nobody can take away your bitcoin whereas the bank can confiscate your cash and lock your account - should I worry about my bank doing this if I am not doing anything that is illegal?

Nobody can take it away unless you tell them how to access it and also there's a hacker somewhere so it was better to secure your bitcoins. Bank can't take your bitcoins unless you convert to fiat already and do something against their policy. It was decentralized and government can't regulate you about it.

Reason 3: You can send it to anyone in the world - why would people want Bitcoin when you cannot use it to purchase in many stores? Plus ii takes too long for 1 transaction to go through.

I think some countries anyone can purchase in stores using bitcoins and in the next few years every stores will adapt to it too.

Bitcoin is a really good investment if you already know how to handle it and how it works. In a short term and long term.

[ayan9167]

Bitcoin sparked a revolution that motivated many people around the world to dive into this world and try their luck. 
We all know that the main reason why people are so willing to invest in Bitcoin is the fact that it can turn them into overnight millionaires. 

[wallet4bitcoin]

The most useful thing is, You can send money to anyone in this world. No need to wait long time. And also bitcoin is the most popular and demanded cryptocurrency, So if you hold for long time, It canbe make you profitable. The big companies interest in bitcoin is noticeable.

[blackened515]

Because everyone want to earn good profit by invest some money ,and we want to invest money in good project,and bitcoin is very good project to earn very good profit in very short time.And more in past few days we have seen the price of bitcoin increased,and we have got very good profit,which other platform can not give us profit like bitcoin ,and there are many more reason to invest in bitcoin platform.

actually besides bitcoin there are also other avenues and other options for a good investment. but the facts in the field that bitcoin has the greatest potential to quickly generate profits. in terms of the price of bitcoin has the highest price and also greater profits keuntungan

Bitcoin is very secure, it has less security risk. I always consider Bitcoin to be a very good investment platform. It also have low fees. With bitcoin, one can basically send value to anyone around the world, it has no boundary.  Bitcoin is the king of cryptocurrencies, and is very profitable. There are other reasons why people invest in Bitcoin.