Why on earth do you own bitcoin?

[bakasabo]

At first I got interested in Bitcoin or cryptocurrency because I thought is was a new, and more or less simple way to earn, parallel by current job. Later I got more into being anonymous. I like a lot the idea of using a card, topped up with crypto (I use binance card) for everyday payment. I like that I got a cashback, and I like that my purchases are not monitored by government (at least I dont face consequences).

[Poker Player]

Just because I have a long-term vision. I don't care about short-term fluctuations in price. I care about what Bitcoin is and how important it will be in the world in the years to come.

[Rajamuda]

One thing, bitcoin is one thing that is very special and helps finance everyone, because of course we can still earn it by working online. Basically, while it has proven to be really helpful, why not try it, because this is certainly a golden opportunity, although it fluctuates but its popularity is increasing day by day till now.

[Henrobakkara]

Recently everyone is very anxious, the market from time to time falls, sometimes with the negative news waterfall, sometimes without the negative news waterfall, as for the positive news almost no, it really makes people hate the teeth itch. Whether it's profit withdrawal or principal loss, watching your money slowly being eaten up by the market is generally an individual's anxiety. The more we get to this point in time, the more I think it's important for us to ask, or for us to ask ourselves, what are you holding bitcoin or Ethereum or any other digital currency for?

Even with all the so called waterfall you think has been happening to Bitcoin price, it is because you are looking at the shorter or immediate gains in Bitcoin. Purse and take a look at a wider time frame from when some invested in Bitcoin back in like 2000, do you think such those investors see the fall in Bitcoin price the same way you do? The same way 10 years from now if you still have Bitcoin from this investment, you would see it differently from those that will be investing for the first time then.
So I also believe that Bitcoin is better for more longer time investment.

[imstillthebest]

not everyone but if there are anxious in here they are only new in this market .
there anxiousness will trigger if there are bad news because bad news triggers the fall of the price but if there are only good news they can only feel happy .
 if we hold a crypto for profit we should accept everything that can happen because not all times the market is in good condition but somtimes there are bad times .

[KingsDen]

Anyone Hodln digital currencies is futuristic. The dip or correct in BTC is not a new thing. It has happened and will still happen as long as BTC do exist. Your money that is sinking today can rise tomorrow. Everything in life is a risk, your money if not invested in BTC will still go one day. So, let's continue with this game of emotion and opportunity. Thanks!

[ropyu1978]

if you ask why any of us want to have bitcoin, the answer is simple, in my opinion the reason I want to have bitcoin for me to make an asset in the future, with us having bitcoin now, most likely in the future we can sell at a higher price This is a high risk, but if we are always afraid of risk, we will never succeed.

[Peanutswar]

Some people see the potential in the market why they invest. Some people see on the stock market, fiat currency, real state and more but here see the potential of the cryptocurrency, from the year 2017 we saw the potential of the bitcoin to rise again this is the reason why people make an investment but throughout the years there are a lot of new coins developed right now which gives more chance to the people to get profit. We called them right now altcoins.

As for now until the market still not decided I keep my money to a stable coin if there's a new trend of the bitcoin and other coins I just keep waiting for the signals

[Chato1977]

Just because I have a long-term vision. I don't care about short-term fluctuations in price. I care about what Bitcoin is and how important it will be in the world in the years to come.

This separates investors in this community , others are valuing the daily,weekly,monthly movement while others cares for yearly or more time spent.

if you ask why any of us want to have bitcoin, the answer is simple, in my opinion the reason I want to have bitcoin for me to make an asset in the future, with us having bitcoin now, most likely in the future we can sell at a higher price This is a high risk, but if we are always afraid of risk, we will never succeed.

Long term holding , this is why we Hold or own bitcoin.

I don't know what Op has, maybe altcoins?

[clint25n]

every investor always has bitcoin, depending on how much they have, it really affects every investor. what's more, currently the price tends to be less stable.it will also affect a person to have more or less a value against bitcoin. maybe This is an investment that must always be patient in the face of an increase or decrease in the price of bitcoin

[pawanjain]

Recently everyone is very anxious, the market from time to time falls, sometimes with the negative news waterfall, sometimes without the negative news waterfall, as for the positive news almost no, it really makes people hate the teeth itch. Whether it's profit withdrawal or principal loss, watching your money slowly being eaten up by the market is generally an individual's anxiety. The more we get to this point in time, the more I think it's important for us to ask, or for us to ask ourselves, what are you holding bitcoin or Ethereum or any other digital currency for?

Since you are a newbie this question is valid for you and I am sure this would be something that every beginner holding bitcoin might wonder.
This is because you have been losing money while the market is dumping but you must also know that if you are losing your money then there is someone on the other side who is making money. Also, if you are losing money then there is probably something you are doing wrong.

The first thing you should know is that you only lose money if you sell your assets in a loss. This means if you don't sell your coins while the price of bitcoin is dumping then you don't lose your money. You should HODL your coins patiently and only sell it when the price is pumping up and take the profits.
This is how the old timers and the long term holders make money while panic sellers lose money.

[Yatsan]

We all have sort of reasons why we have decided to get engage into Bitcoin and why we are wanting to own even a small part and make the ultimate goal to even have at least 1 Bitcoin in our life. Many will tell that it is because Bitcoin is really that valuable that is why many are getting interested and encouraged to work for it. Despite of many criticism and bad news circulating, only those who dare to fully understand Bitcoin's importance will still continue and ignore unnecessary stuffs around. Having Bitcoin is really fun even we do have different point of views upon using it.

[dezoel]

Recently everyone is very anxious, the market from time to time falls, sometimes with the negative news waterfall, sometimes without the negative news waterfall, as for the positive news almost no, it really makes people hate the teeth itch. Whether it's profit withdrawal or principal loss, watching your money slowly being eaten up by the market is generally an individual's anxiety. The more we get to this point in time, the more I think it's important for us to ask, or for us to ask ourselves, what are you holding bitcoin or Ethereum or any other digital currency for?

Who said it is only a downfall that we do see in the market? Why is it that you all never say good about Bitcoin when the price is going up , you all will just keep mute about it, but when the market crashes , then everyone will come out to start showing their frustration and hate  on Bitcoin?

There are also good news about Bitcoin, but you don’t look for them, that’s why you don’t see them, and all you will see is just the bad news, and that’s because bad news travels faster than good news. Just look at how far Bitcoin has come, the price in the last ten years is not what it is now. There was a time Bitcoin was worth less than one dollar, but it is worth over thousands of dollars, isn’t that enough reason for you to buy Bitcoin?

[SaShiRaJaVu]

Whether it's profit withdrawal or principal loss, watching your money slowly being eaten up by the market is generally an individual's anxiety. The more we get to this point in time, the more I think it's important for us to ask, or for us to ask ourselves, what are you holding bitcoin or Ethereum or any other digital currency for?

There is no debate that there are some brainless jacks who does not know shit about trading jumps into a market hearing that it could get good returns and then burning their savings, this is all too familiar in the cryptocurrency market. If anyone who spends the time to study and learn about the market and learn how to trade will not end up in a loss  .

[Rebdoomer]

Just because I have a long-term vision. I don't care about short-term fluctuations in price. I care about what Bitcoin is and how important it will be in the world in the years to come.

I have the same future vision. There's new people born into this world everyday and they are the future blockchain investors because today they are too young right now to invest until they become adults.

[gundala]

~

Who said it is only a downfall that we do see in the market? Why is it that you all never say good about Bitcoin when the price is going up , you all will just keep mute about it, but when the market crashes , then everyone will come out to start showing their frustration and hate  on Bitcoin?

There are also good news about Bitcoin, but you don’t look for them, that’s why you don’t see them, and all you will see is just the bad news, and that’s because bad news travels faster than good news. Just look at how far Bitcoin has come, the price in the last ten years is not what it is now. There was a time Bitcoin was worth less than one dollar, but it is worth over thousands of dollars, isn’t that enough reason for you to buy Bitcoin?

most people do not have a broad perspective, especially if what is being pursued is instant profit to get rich quick, so they do not consider aspects that can affect market movements. finally panic buy, and when stuck at the top then they easily panic and blame the situation.
all the things that started from FOMO, panic, very not good. we should not hurry, learn and understand the ecosystem first is very good for the future. Knowledge is an important investment, not just money.

I was initially very interested in getting a side job from the internet, which I could do anywhere without being bound by a work contract, I wanted the freedom to work. that's why I'm into crypto, there are lots of opportunities to take advantage of here. I can make money only from home.

[Dread Pirate Roberts]

Recently everyone is very anxious, the market from time to time falls, sometimes with the negative news waterfall, sometimes without the negative news waterfall, as for the positive news almost no, it really makes people hate the teeth itch. Whether it's profit withdrawal or principal loss, watching your money slowly being eaten up by the market is generally an individual's anxiety. The more we get to this point in time, the more I think it's important for us to ask, or for us to ask ourselves, what are you holding bitcoin or Ethereum or any other digital currency for?

no doubt there's been a lot of bad news lately regarding bitcoin and crypto lately, from elon, china, and now from about binance banned operating in UK .i would say this not small issue this would had huge impact in bitcoin soon and for the future. and for someone who trades bitcoin or a holder majority they only had one goal make profit from it . because most of us believe that bitcoin will be more than it is today.

[pixie85]

Recently everyone is very anxious

Why are you generalizing? I'm not anxious at all. A year back my bitcoins were worth less than 10000 USD each and now they're 3 times that.
None of the old holders will care about short-term fluctuations because their coins are always worth more than they paid.

I own crypto for safety. Because I prefer to hold money in a digital wallet than in a bank and I like watching them grow in value. Next halving they're going to be worth more than 60 thousand usd and we're going to hopefully have this conversation again

[lalabotax]

Whether it's profit withdrawal or principal loss, watching your money slowly being eaten up by the market is generally an individual's anxiety.

If we still have the coins on the spot exchange, it means that we still have the coins, we don't lose if we don't sell the coins. So, in my opinion, the best way to do it right now if we are still losing on the value is holding. Moreover, if the cut loss decision has been late to do. Holding is better than panicking and selling the coins at a lower price.

And so far, trading is very risky, the market is very very unstable moreover at the weekend. Today, the market is green and many increases are there. But, we don't know what will happen in the next few days. We must be ready for any kinds of probabilities in the crypto market. And I personally like to play with the top coins in order to minimize the risks.

[finaleshot2016]

Why would I not invest in bitcoin if I believe it would become profitable in the near future? I've been in crypto for about four years, and what happened last time is exactly what is happening now, so I'm not concerned about what is occurring since we've previously had the experience. That is why we are still strong in the crypto market; they have the ability to grow profit at any time. In this type of investment, you must be patient; the market is volatile; don't expect a significant return right away; always DYOR.