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Author Topic: Reasons to Invest in Bitcoin??  (Read 1928 times)
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July 31, 2021, 11:04:34 AM
 #181

There are so many reasons to invest in Bitcoin. Main reason is that It is profitable and no loss in it.   And we can earn profit by trading bitcoin.Because it is easy to buy sell and exchange in crypto market. And it is valuable Coin in Crypto field.
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July 31, 2021, 11:18:08 AM
 #182

All these companies were considered first to market and are all vastly superior and trusted names in their spaces. Bitcoin Is Trustable digit Currency. Can any one of you imagine any of those going away? In the cryptocurrency industry where there still is not a lot of trust, Bitcoin stands out as the de facto cryptocurrency  When you you think of or mention crypto, most people think of Bitcoin have staying power and act as a store of value. Thousands of cryptocurrencies have come out since Bitcoin emerged, yet Bitcoin truly is far and away the market leader even 12 years later.
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July 31, 2021, 11:34:53 AM
 #183

~snip
The volatile word is a double-edged sword, but with a proper plan like the usual being discussed in here, I don't think volatility will screw you ever.
Some just are more from making bad financial decision like loaning to invest, committing their whole assets just to invest in here risking their needs.
I agree that it's a double edged sword, and that depending on how you use it, the volatility will help you make a profit or big losses. Don't think that volatility won't screw you over, it makes you let your guard down which ends up with you having making lackadaisical decision which leads to big losses.
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July 31, 2021, 11:54:33 AM
 #184

~snip
The volatile word is a double-edged sword, but with a proper plan like the usual being discussed in here, I don't think volatility will screw you ever.
Some just are more from making bad financial decision like loaning to invest, committing their whole assets just to invest in here risking their needs.
I agree that it's a double edged sword, and that depending on how you use it, the volatility will help you make a profit or big losses. Don't think that volatility won't screw you over, it makes you let your guard down which ends up with you having making lackadaisical decision which leads to big losses.
Volatility makes this market moves, and this proves how healthy the community and the market as well.

we must not consider this as a profiting material also consider this as biting shark that will grab you once there is a chance .

make this investment a full focus and not just a single sided area.

There are so many reasons to invest in Bitcoin. Main reason is that It is profitable and no loss in it.
Wrong. |No loss if you can risk and wait for years but what if at one moment you badly needed the funds and the price of bitcoin is bearing?

Quote
   And we can earn profit by trading bitcoin.Because it is easy to buy sell and exchange in crypto market. And it is valuable Coin in Crypto field.
Easy to buy and sell? at least do you understand those statements right?

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July 31, 2021, 12:08:31 PM
 #185

For me the main reason why I choose btc investment over other investments is because I am interested in this volatile crypto market, and it will be profitable if I can store it well. Moreover it is true that we can have complete control over our assets. So the results that will be obtained depend on how we manage it. Btc is also currently recognized and accepted by many countries, so that's good, we can freely invest in it without fear of bans. Therefore, while btc is still acceptable and the prospects are still good, then we must also be able to use and manage it well so that we also get the desired results.

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July 31, 2021, 12:11:58 PM
 #186

~snip
Volatility makes this market moves, and this proves how healthy the community and the market as well.

we must not consider this as a profiting material also consider this as biting shark that will grab you once there is a chance .

make this investment a full focus and not just a single sided area.
That's your perspective but for me, I see volatility on more than two sides so I can see the differing angles because understanding each is a helpful tool. Also, if you know how volatility can be used to your advantage you will be able call it as a profiting material no matter how the volatility moves the market.
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July 31, 2021, 11:38:34 PM
 #187

There is still some risk of devaluation but since it is not tied to the dollar that is susceptible to hyperinflation, not to mention the fact that bitcoins and cryptocurrencies with limited supply aren't subject to inflation, we only feel this devaluations when the price of bitcoin dumps. All of the things you just mentioned are indeed sound reasons to invest in bitcoin, but before anyone who isn't aware of what bitcoin really is about misconstrue this venture as a get-rich-quick scheme, there should be a clear distinction on the negatives of bitcoin investing as well, just to level the playing field and ensure that everyone who would invest in this coin will have no regrets and be surprised per se.
For me the main reason why I choose btc investment over other investments is because I am interested in this volatile crypto market, and it will be profitable if I can store it well. Moreover it is true that we can have complete control over our assets. So the results that will be obtained depend on how we manage it. Btc is also currently recognized and accepted by many countries, so that's good, we can freely invest in it without fear of bans. Therefore, while btc is still acceptable and the prospects are still good, then we must also be able to use and manage it well so that we also get the desired results.
Volatility indeed works well both ways. Although of course this works best if you are shorting an asset. Bitcoin holders on the other hand aren't really a fan of the volatility that bitcoin has to offer since it makes investing really risky and sometimes dangerous especially if they are investing something they cannot afford to lose which they shouldn't anyway in the first place.



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July 31, 2021, 11:39:19 PM
 #188

Of course, everyone will choose to invest for the future and invest in the future, but if we think that investing in bitcoin is a fairly open and very transparent business for us to do, especially for us beginners who really want to get into the crypto business in order to earn money. a little profit for our future.because a bright future is people who keep investing in their youth
We're recommending the newbies to start and invest only with bitcoin.

But there's now a trend that many newbies don't go immediately to invest in bitcoin but they're choosing some altcoins that has been told to them.

Anyway, they've got to learn it the hard way if they don't listen.

Indeed, newbies who start investing in the crypto world should choose Bitcoin, which is proven to be safe and reliable. People who do not have
the knowledge and experience there is still a chance to profit from Bitcoin, most importantly they can patiently wait for the target they set is
achieved. But the fact is that newbies prefer altcoins which are promoted more by influencers, newbies don't realize that influencers who promote
altcoins are usually only able to generate profit for personal gain. Finally, many newbies experience losing money when they first invest in
the crypto world, because they started with the wrong coins.
Those newbies that have followed the wrong influencers, they're pushed and encourage to buy those altcoins because they just listen to them without realizing that they're being told to buy the wrong coins.

It's too bad to see that when a newbies get to complain that he has lost money with the same story again. It didn't only happened once, but not only in the forum but also in other social media platforms, you'll see those misled folks by those influencers.



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[15.00000000 BTC]


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August 01, 2021, 11:24:15 PM
 #189

Indeed, newbies who start investing in the crypto world should choose Bitcoin, which is proven to be safe and reliable. People who do not have
the knowledge and experience there is still a chance to profit from Bitcoin, most importantly they can patiently wait for the target they set is
achieved. But the fact is that newbies prefer altcoins which are promoted more by influencers, newbies don't realize that influencers who promote
altcoins are usually only able to generate profit for personal gain. Finally, many newbies experience losing money when they first invest in
the crypto world, because they started with the wrong coins.
Those newbies that have followed the wrong influencers, they're pushed and encourage to buy those altcoins because they just listen to them without realizing that they're being told to buy the wrong coins.

It's too bad to see that when a newbies get to complain that he has lost money with the same story again. It didn't only happened once, but not only in the forum but also in other social media platforms, you'll see those misled folks by those influencers.

In the end what irritates me with the newbie's behavior is that they blame crypto as a whole for their losses. That's why I always educate my friends
and family when they get interested in crypto, that they should not rush to invest large sums. Start with small capital and always start investing
with Bitcoin first, I explained to them that Bitcoin is the most popular coin and has a fairly high demand in the market. If they have managed to make
a profit from Bitcoin, after that they can start investing in altcoins, but it also has to be able to do research and analysis on its own. In order not
to be wrong in choosing coins for investment.

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August 01, 2021, 11:38:15 PM
 #190

I invest in Bitcoin, simply because it is the number 1 coin in cryptocurrency. I think the status of Bitcoin as the king is enough as a reason to invest in it. In my opinion, only Bitcoin has the strongest power to survive well and have the potential to always grow its price in the future. Altcoins can lose their popularity easily because of bad issues, but Bitcoin won't be affected at all. There are too many bad issues since many years ago, but it cannot ruin Bitcoin popularity.

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August 02, 2021, 01:29:42 PM
 #191

It is a long term store of value. You can also make profit and it has high potential. It is also an extra income and savings in the future. It can be used in online transactions such as remittance and payments. It is fast, efficient and reliable. Bitcoin's acceptance is already spreading and it is the most popular and early Cryptocurrency.

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August 02, 2021, 01:45:38 PM
 #192

We're recommending the newbies to start and invest only with bitcoin.

But there's now a trend that many newbies don't go immediately to invest in bitcoin but they're choosing some altcoins that has been told to them.

Anyway, they've got to learn it the hard way if they don't listen.

Bitcoin is the safest way to get into the world of crypto/Blockchain tech. But most newbies are only looking to make quick buck, so they join the hype by choosing a cryptocurrency that's the "flow" of the moment. It doesn't matter which cryptocurrency it is as long as they see it going up in price at a fast pace. Remember how many people got into Dogecoin when it went all the way to the moon? The public invests into crypto because of the hype instead of its fundamentals. It's a wrong decision that will cost people millions of dollars in the long run.

The smart money will invest into Bitcoin because it's sound money, outside the scope of governments and central banks alike. The fact that Bitcoin is the most secure and decentralized cryptocurrency in the world should be a strong argument for investors to join it in the first place. Bitcoin keeps going up in price too, so what better way to put some of your money into Bitcoin for long-term wealth preservation? Just my opinion Smiley

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suryana
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August 02, 2021, 02:05:08 PM
 #193

For me the main reason why I choose btc investment over other investments is because I am interested in this volatile crypto market, and it will be profitable if I can store it well. Moreover it is true that we can have complete control over our assets. So the results that will be obtained depend on how we manage it. Btc is also currently recognized and accepted by many countries, so that's good, we can freely invest in it without fear of bans. Therefore, while btc is still acceptable and the prospects are still good, then we must also be able to use and manage it well so that we also get the desired results.
Investing in bitcoin does have to be good at managing finances well. Of course, we must have a mature plan and a strong foundation. Always analyze the market and the coins we will invest in.
I'm sure a lot of people have bitcoin success because of this apart from their self-control. Bitcoin gives more advantages than other stocks if we are good at managing it.

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August 02, 2021, 02:15:38 PM
 #194

I am agree with you that a Bitcoin holder is out of control of the government or any bank and it also can be sent anywhere you can. But the most important benefit of holding bitcoin is to make profit. Bitcoin is the best investment field in the crypto world and I think most of the people choose bitcoin to invest for making profit. But there has a concerning issue that its price fluctuates. So you have to gather proper knowledge on it. Otherwise you may loss your fund. The popularity of Bitcoin is increasing continuously. its price is also going up gradually. It is expected to increase its price highly in the near future. I always like to invest on Bitcoin and hold it for future. I think, it will be my best security.

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August 02, 2021, 02:23:31 PM
 #195

There are so many reasons to invest in Bitcoin. Main reason is that It is profitable and no loss in it. 
Losses do exist in crypto, imagine getting a loan against your house and you are hoping for price to remain bullish and you bought the coins when it was at $60000 by now you would be feeling the pressure as price isnt moving in your direction as it's over 30% down. If this carries on long term you would be making a loss.

 And we can earn profit by trading bitcoin.Because it is easy to buy sell and exchange in crypto market. And it is valuable Coin in Crypto field.
Buying and selling as a hodler is easy but to realize profits this takes time.

R


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August 12, 2021, 09:46:25 AM
 #196

I give you these three simple reasons:
1 - Full control over your wealth (if you are paranoid enough you can have the toughest deep cold storage system and make bitcoin inaccessible even for yourself Grin). Jokes aside this is my first reason to have bitcoin, to be able to control my own wealth
2 - 24/7 operating transacting system that works without troubles since 12 years. I can transfer my money without asking for permission to anyone
3 - Safe haven against central banks monetary policy, inflation, banking robberies, dictators and all the rest of it.
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August 12, 2021, 01:38:37 PM
 #197

Those are good reasons you stated, but it's not all I guess. Another factor that really really make people want to invest in bitcoin is because its value and price. We have heard many people getting rich because of bitcoin, and don't tell me that I'm wrong but I'm pretty sure a lot of new investors came to this cryptocurrency world because they want to experience the same thing. Because they've heard that many people get rich from bitcoin, and that bitcoin is such a good investment. People want that profit as well, and bitcoin sure is such a great investment choice, so why not?

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August 12, 2021, 06:06:25 PM
 #198

There is more than reason why anyone would want to invest in bitcoin but of one the most obvious is investment as it's digital gold which has the potential to grow in value with demand.
I should think others are investing in bitcoin because of the fear of missing out as it's heavily talked about everywhere you go especially if you hang around online forums.
Another not so obvious reason would be to try out the new technology of bitcoin.
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August 12, 2021, 06:59:37 PM
 #199

There is more than reason why anyone would want to invest in bitcoin but of one the most obvious is investment as it's digital gold which has the potential to grow in value with demand.
I should think others are investing in bitcoin because of the fear of missing out as it's heavily talked about everywhere you go especially if you hang around online forums.
Another not so obvious reason would be to try out the new technology of bitcoin.
We do have those common impression but we should always remember that invest on the amount that you could only afford to lose.We dont know on what would happen next in the market neither bitcoin would retain

its spot or would be replaced by something new.Basing off with the tech then its undeniable that it is already bit off compared to other projects.

Its always up to someones choice though on which one they would particularly put their money on since we do have different reasoning into your mind which we should respect out.

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August 12, 2021, 07:22:01 PM
 #200

Bitcoin now can be used for long term investment
Actually and obviously people already invests bitcoin for all over the years since it got its first price value not only just now or few years ago.

Investing bitcoin is one of the best choices made of all of financially literate as there are so many advantages (almost all mentioned already above) against the disadvantages of it in terms of long-term investment.
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