Why on earth do you own bitcoin?

[Shenzou]

The majority of people who own  bitcoin are in it for the profit and the investment, and no one actually will tell you that they own bitcoin because they hope for a better financial system that is decentralized and not controlled by governments, and to me that is a huge concern because if people just use it for profit and they buy and sell based on the price if bitcoin takes a hit and falls in price people will start selling and it will affect it in a bad way, i am not gonna lie that i am not also in it for the money, but i try to use bitcoin whenever i can as a payment method and not just have it sit around in my wallet.

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[just_Alice]

I own in the hope that soon enough it will be implemented in the modern economy and I'll be able to use it. When that happens - it will become money for spending. I also try to hold when the price drops drastically, just to ensure I don't lose a lot of money because of price volatility. And some part I own just out of curiosity: how high will Bitcoin reach (I guess I'm never selling that part, though I know it's wrong ).

[bocyaj]

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?

We should avoid of panic to get good profit. All the time people fear about the loss and do panic selling.Mostly the new traders do this one. It's not a good strategy in the trading. Really holding will give you good profit. If you keep shit coin for 6 months, you get decent profit from it.

[DarkIT]

I own in the hope that soon enough it will be implemented in the modern economy and I'll be able to use it. When that happens - it will become money for spending. I also try to hold when the price drops drastically, just to ensure I don't lose a lot of money because of price volatility. And some part I own just out of curiosity: how high will Bitcoin reach (I guess I'm never selling that part, though I know it's wrong ).

Modern economy is purely depending on bitcoin. The world population with of 60 percentage had the capacity of bitcoin. Most of them are investors, few of them are signature campaign working people. At the end the flow of bitcoin among the people was increasing every year.

[#dhabitamartha]

i hold bitcoin and i still believe bitcoin is still valid in the world and i still invest my money in bitcoin even though the bitcoin price tends to fall like a waterfall but sometimes like a balloon that will explode this just takes patience and luck

[swiftbits]

The chances of it getting bigger after the time you bought it is high, the market might be volatile or it might stay stable for a year, but we will reach another all time high anyway.

[sherryDEFI]

At first, I have the currency because listen to friends say it can bring huge wealth, at that time, I will follow my friends bought some, but it was because of the plunge, I also sell some, but as I study in-depth knowledge of encryption currency, I began to have a plan to buy, is no longer at the highest price to buy, and sell when tumbled, I think I have gradually become a loyal fan of Bitcoin, I believe it not only brings wealth but also brings new changes to the world.

[xSkylarx]

Been hearing this question since 2016 when I started investing in bitcoin. My answer is we are slowly going into a digital world and cryptocurrencies not just bitcoin will make a big impact when this happens like most businesses will become cashless. People still don't accept the concept of digital money, they still think that it is not secure or can disappear easily because it only exists on the internet. Having bitcoin is a good investment also because it has a very limited amount of supply so its price will likely increase in the future.

[MinoRaiola]

Bitcoin and blockchain technology would be capable of great things. A 100% secure system, which could not be manipulated by a decentralized computer network and the solving of arithmetic tasks. The blockchain is stored on millions of hard drives and new notes are constantly being activated to make it more and more secure. Climate-friendly power sources and sustainable solutions. Bitcoin would protect people from overbearing authoritarian governments and banks or financial service providers would have to adapt to the people.

[sapnu]

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?

Why on earth do you not have any bitcoin up until now? Bitcoin was comprehended as the future and it will help you in lots of ways. Everyone is dying to have it right now because they are well aware that at some point, it will secure their future. In terms of what am I currently holding, I prefer bitcoin more right now even though I also have some holdings for Ethereum. Bitcoin has a huge potential of coming back much stronger considering what it did last year wherein it had the most unexpected continuous bull run. I think people now are paying much attention to that.

[verita1]

I am a Freelancer and earn my income on bitcoin, eth, and other altcoins. For that reason I hodl crypto also if you have not noticed bitcoin disrupted money, we are making history with the new blockchain technology, the ecosystem is growing. 🙏

Some statistics show interesting perspectives on how crypto enthusiasts are advancing in the world.

Did you know?

Fewer than 5% of people worldwide have * ever * used #Bitcoin or any cryptocurrency.

Just like the internet began with only a tiny core of users, $ BTC and crypto are still in their infancy.

Thread as to why adoption will explode over the next decade:

🔽

https://twitter.com/crypto_tolkien/status/1409476578753515521?s=19

[NotFuzzyWarm]

Why on earth do you own bitcoin?

A better question is:
Why on earth would the OP NOT own Bitcoin?  
As long as you do a little research on historical prices and trending rise/fall and don't buy it at peak prices, it is a more or less safe long-term investment.

[Hobo66]

As most of the time market is falling and falling, from the previous one year it is not stable, as this is all due to the bitcoin, most of the coins are falling and lose their position due to bitcoin. So, bitcoin plays an important role their and can be beneficial for the investors.

[TribalBob]

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?

I have bitcoin maybe the same as your thinking as a long term investment and hope to get the highest ath in its time,
  do you not have bitcoins ? 

[iTradeChips]

This question has been asked for such a long long time that we need to back out a bit and think what really matters, the reason why you have Bitcoin. All of us wants financial freedom and the only way somebody without a working knowledge of the stock market and other big investments is to do cryptocurrency and also Bitcoin. The common folk has spoken and they want freedom to do what they want and that goal can be achieved by careful investing in the crypto market.

[SacriFries11]

Because bitcoin is one of the fastest to transfer money on the internet at low cost. In a few minutes, the money can be transferred unlike fiat money which takes a few days and the fee is high. This is a good alternative to fiat money. You can use it for money transfer, online transaction, and it is a good investment. It is possible that the value of your investment will increase. Fiat money can also easily become old can be burned.

[bitbunnny]

This is the question that is always present, ever since the Bitcoin appeared in the market. Every user has its own reason and as far as I remember everything started with enthusiasm and curiosity but in later stage everything ended with money or better to say hope for the big profit.
I still believe that Bitcoin is inevitable part of our future and that soon we will put the opposite question - why don't you own Bitcoin?

[ninkdwi]

Look, my friend, we live here is a choice depending on which choice we want to take. Likewise with bitcoin we can choose to keep our assets here or not apart from negative news, fud and others, that is a risk that must be taken when we store assets in bitcoin because it is one of the risks.
back again to the thought of each one wanting to have assets in bitcoin or not. but I personally prefer to keep my assets here regardless of the fud and negative news because for me the profits here are far more tempting than all of that

[so98nn]

Let’s start with store value and transaction ? Why not! On this earth there are millions of things which should not have been invented in the first place but they are used, adopted, recycled all the time just because it was needed at some point by some one. So yeah same use case with the bitcoin too where we are going to use it from profit making to cold storage. Whether it is current simple use case or something unimaginable in the future (like WW adoption ) bitcoin exits with technical purpose too. For me that’s enlightening and that’s why I own it.

[Viscore]

I think bitcoin is a very valuable asset for the future, so it is not wrong if we are currently collecting valuable assets for the future, nowadays many people want to own bitcoin, everyone knows the price of bitcoin and they believe that in the future the price of bitcoin will be more expensive and very profitable.

Bitcoin has no definite value but everyone believes that its value will be great in the future. Bitcoin is the future indeed. No one would ever want to own bitcoin just for fun but the fact that it wil be of huge value in the future makes everyone crave for it.

For me, i personally want to own bitcoin because it will be a good retirement when i get old. Although negative news and fuds are definitely inevitable but we know bitcoin is not a big hype but a profitable asset and investment that is very promising to give us huge profits in the years to come.