Reasons to Invest in Bitcoin??

[Bollexz1]

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 should be less worry about whatsoever actions the government will take on bitcoin in respective of country you live in. Probably because I don't think a single government of just one state can decide what bitcoin fate holds. The more some country's government tries to ban, the much more some other country's government accept it.

We are in a digital world, the whole world is evolving so as humanity. And why stop now, when the do called bitcoin is yet to reach the highest of its peak.

I'll rather put all my life savings in bitcoin rather than having one institute control my money for me.

Decentralisation it is though.

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[decodx]

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.

Yes, I agree. Some companies want to make easier, faster and cheaper ways to send bitcoin through their services, in places where internet are not possible or needed like if you're a businessman in a remote place in some desert, in Africa.

And all this is only possible when bitcoin becomes a currency, when people start using it as money.

[Om.monata]

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.

this is the weakness of bitcoin that probably not many people know. The influence of the great man is very clear. at this time we can only see the positive side of bitcoin without realizing the negative side

[Wong Gendheng]

The reason why I invest in Bitcoin is very simple. I just think that as an investment means in the long run, its value of preservation will be much stronger than other investment means or fiat currency. In the long run, I don't care about its rise or fall in the short term, I only see the future returns.

There is no doubt that investing in bitcoin for the long term is something that we must do, seeing market conditions and the number of large global companies investing in bitcoin makes me believe we can get at least 10x profit in a year.

[LUCKMCFLY]

The reasons are many, but mainly I think that apart from that it represents technology, bitcoin represents money and the elimination of debt, apart from that many influencers in the world have adopted Bitcoin, as well as the country "El Salvador" adopted Bitcoin, this causes In the market much more demand, apart there is an article where an analyst recommends BTC, which gives a win-win prediction:

Bitcoin analyst talks about the ‘opportunity’ in the current market

BTC analyst, Benjamin Cowen in a recent video presented optimism about Bitcoin’s supposed exit from the Sandbox. He said:

“After spending the summer in the sandbox, the price of Bitcoin may be finally coming out of it. We still need more time to tell, but momentum is with us for now. Whether we leave it now or later, it is more or less a win-win opportunity.”

Source: https://ambcrypto.com/bitcoin-analyst-talks-about-the-opportunity-in-the-current-market/

I think it is a great opportunity for those who still have doubts about Bitcoin, this may be a good time to buy and invest.

[perryxi2]

I love investing in BTC because it makes me financially free and has absolute privacy, and I personally love technology and BTC is my investment choice, no BTC positions can still be stored for a long time and in the future BTC will have a high value, I am sure of this.

[Woodie]

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.  

Might not be a popular choice but for me its the high risk and high reward bitcoin has obviously, It's incomparable to any asset out there that can give a high return on investment in a short period.

For such a high profiled asset there is no need of boardroom meetings to invest in it, it's with a few clicks and you are on your way to earning interest from your 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.  

Total control is one hell of a reason and I think it's one of the reasons that makes bitcoin loved by the people and hated by the government.

[macson]

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The thing I like most about Bitcoin is that it really makes it easier for us to do anything with our funds, especially transactions.  Bitcoin really makes us free from third parties and banks when transacting with others, besides that its value is also increasing which makes many people interested in investing in Bitcoin.

[Abiky]

The reasons are many, but mainly I think that apart from that it represents technology, bitcoin represents money and the elimination of debt, apart from that many influencers in the world have adopted Bitcoin, as well as the country "El Salvador" adopted Bitcoin, this causes In the market much more demand, apart there is an article where an analyst recommends BTC, which gives a win-win prediction:

Bitcoin analyst talks about the ‘opportunity’ in the current market

...

I think it is a great opportunity for those who still have doubts about Bitcoin, this may be a good time to buy and invest.

Not only countries are beginning to adopt Bitcoin as legal tender, but mainstream companies have signaled their support towards it. Tesla, PayPal, and some other companies are investing into Bitcoin for their own benefit. The fact that Bitcoin is decentralized and censorship-resistant, should be a strong reason for anyone to invest into it for the long haul. Only a fool or a hater will avoid it in the first place.

If you join the crypto/Blockchain bandwagon now, you'll be able to reap the rewards in the future once it goes to the moon again. There are many experts predicting that Bitcoin will reach $100k and even $1m per coin in the not-so-distant future. Buying Bitcoin while it's still below $60k may be the best decision to make. You'll be missing an opportunity of a lifetime to make endless profits if you avoid Bitcoin today. Just my thoughts

[Bollexz1]

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.  

If truly you love bitcoin then I guess you should be less worry about what the news holds, either being top influencer or the government. Because each time it dips based on one government banning bitcoin, or influencer like Elon putting a pause in accepting bitcoin for Tesla etc.., whales enters the market and purchase in bulks.

What you're yet to know is the fact that this same whales are part of the government officials, also the same top influencers who said a word or two to made your weak hands dump.

However, you should be less worry about why the demand for bitcoin as payment keeps improving... People prefers bitcoin because its fast, secure and easy and they're can easily turn to cash to purchase in stores that doesn't YET accept Bitcoin as their mode of payment.

As far as I'm concerned, Bitcoin and Fiat will keep working together, just like Gold and Fiat or Bond vs Fiat.

[777Jolami]

My reasons for investing in bitcoin are for emotion, a change and escape from the pressures of fiat, inflation that puts per worker wages psychologically burdened by the devaluation of fiat. I was looking for an opportunity to change my own life. I don't want to be a slave to fiat until my hair turns white. Lol
Later, I will have a wife and children. I don't want them to be under the same pressure.

[boyptc]

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.

[mrkhan90]

Bitcoin is a best valuable coin in the cryptocurrency market.We believed that it's price will increase day by day.I also believe that in future it's popularity will spread worldwide. Because it represents technology and money for elimination debt.So i trust that it's the best opportunity for future invest.So I believed that if we understand about cryptocurrency market and invest Bitcoin, it's the best decision for cryptocurrency market.

[Wawa2013]

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.

[Elsaveronicha]

Investing in bitcoin makes huge profits.  In 2020 bitcoin price is only 5000$ now bitcoin price is 40000$.  If we invested last year, we already got 8x profit.  Then many large companies have bought bitcoin for investment, in the future more and more companies will believe and invest in bitcoin.  That's why we have to buy now, before the price skyrockets again.

[2girls]

Bitcoin is World top Cryptocurrency , there are a lot of reasons to invest in Bitcoin, in 10 years chek the bitcoin performance , bitcoin is the future money so if want huge profit in future musy buy some and hold but as well as you need patience without patience you can't hold for a long while because sometime it can also dump but that time you must have patience and you must have hold if want long term profit, so the main reason to invest in bitcoin is Profit and Profit

[Tahsin Kabir Kollol]

There are many reasons behind investing in Bitcoin. The main reason for this is that investing in Bitcoin is profitable and a lot of profit can be made by investing in it. On the other hand, investing in Bitcoin has become a significant means of preserving and enhancing acquired wealth.
Bitcoin is also a very profitable medium for long-term investments. A comparative analysis of bitcoin and gold over the years shows that the growth rate of bitcoin is much higher than that of gold, which is slowly encouraging the general public to invest in bitcoin. For all these reasons, people are deciding to invest in Bitcoin.

[decodx]

Investing in bitcoin makes huge profits.  In 2020 bitcoin price is only 5000$ now bitcoin price is 40000$.  If we invested last year, we already got 8x profit.  Then many large companies have bought bitcoin for investment, in the future more and more companies will believe and invest in bitcoin.  That's why we have to buy now, before the price skyrockets again.

Yes, Bitcoin has reached the $40,000 mark this month. Although it's hard to estimate the exact price, one can expect the value of the Bitcoin to shoot up rapidly.

I'll start off with the most obvious reason to invest in Bitcoin: it is actually a better investment than traditional assets like stocks, bonds, gold or even real estate. The most fundamental reason is that the value of Bitcoin has grown exponentially over the past several years and that the value of other traditional assets have steadily declined, when looking at inflation-adjusted performance.

[haasanjui]

Investment in Bitcoin is safe and secure you can earn money by make it on trading. It has limit supply and high demand. Its reason to buy and trade Bitcoin. And it is best asset in crypto we can buy sale and exchange easily.

[Rakeshten]

As we all know the BTC is at the top of the crypto market and Many companies are now using it as a payment source and It is continuously increasing. So invest in BTC will be a good decision. And the main reason is that it is the most demanded cryptocurrency of the crypto market It has dominance on all altcoins.