Why on earth do you own bitcoin?

[Btcvilla]

to have bitcoin for beginners.may still be a taboo.thing but for us.as old players with all the risks.at this time we never back down for such.things, with us.having bitcoin.means we have a pretty good investment for the future, let.alone everyone know that this is.a long-term business.and very good for a long-term investment

[amihada]

why do i have bitcoins? because of my work in the crypto world since 2016. it requires me to have bitcoin no matter what the world's position towards bitcoin is for me having bitcoin can be a very good source of money making for now and in the future

Same thing with me, I have bitcoins because I earn from bitcoins, I make bitcoin my main job and so far I'm focused on it. Although it is undeniable that I also play with other altcoins. This work produces and is proven to be a main job, not a side job anymore.

I also do the same as you. My current permanent job is collecting alcoins. I believe alcoins like eth and bnb have the potential to be stored in the long term, especially bitcoin which is of course very good for long-term storage, especially now that many large companies are adopting bitcoin, this is proof that bitcoin prices will be more expensive in the future.

[mrongoz22]

to have bitcoin for beginners.may still be a taboo.thing but for us.as old players with all the risks.at this time we never back down for such.things, with us.having bitcoin.means we have a pretty good investment for the future, let.alone everyone know that this is.a long-term business.and very good for a long-term investment

it's true as you said bitcoin is a long-term business, bitcoin is also very suitable for us to make assets, because bitcoin has given us lots of opportunities to make our finances better, even though lately a lot of people have slandered bitcoin, but for us who have not been affected by their bullshit for a long time, maybe weak hands will feel scared every time there is a negative post about bitcoin..

[glendall]

my initial goal is to save and invest, where if I save in the bank I get 0.1% interest / month and there is a maintenance cost
in bitcoin and others I can get 3-5x more profit than my initial funds, but is undeniable that when the market falls I have to wait a long time for my initial capital to return

[Cling18]

I bought Bitcoin because I have seen how it developed and grow as a digital currency for years. I believe that it would be an advantage to have it as an investment despite its volatility because it could provide assurance of good profit in the future. Trending or not, I would still buy it and I won't fear if it's the price would fall because it's still good for a long-term hold.

[romero121]

my initial goal is to save and invest, where if I save in the bank I get 0.1% interest / month and there is a maintenance cost
in bitcoin and others I can get 3-5x more profit than my initial funds, but is undeniable that when the market falls I have to wait a long time for my initial capital to return

This is the truth about the market and the real reason why on earth people tend to buy bitcoin over any other form of investment. Banks to the maximum give you 6% interest which is very rare to see. Those banks providing such interest will surely collect indirect money on different charges. My bank provides me with a 2.7% interest on my savings. When bitcoin has the ability to provide 3-5X multiple of the investment what to think further.

[uneng]

For now I believe the reason is to make the effort of saving money worth for real. Before bitcoin it was a big issue to save money in fiat and realize after some years you were actually losing money instead of growing it.

For the future the purpose of owning bitcoin will be to use it as currency in a daily basis, from the moment common businesses start accepting the digital currency as payment on. It's not possible to say yet when it's going to happen, so we just have to be patient and wait until adoption widely spreads among small and independent entrepreneurs. These are the interesting adopters I'm looking for and not the big companies, big techs or institutional investors which cause more harm than good for bitcoin on long run.

[isaac_clarke22]

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Well aren't many be like that anyway. I invested in Bitcoin for both of the reasons that I can use it to pay and I can invest on it as well.
Back then I was like wanting to own those cards issued by the bank whether whatever you call it, dr or cr cards. Good thing I discovered Bitcoin first because I just realize how harsh it is to be under by a bank rather than just have Bitcoin on your own wallet without involving anyone.

[blackened515]

I bought Bitcoin because I have seen how it developed and grow as a digital currency for years. I believe that it would be an advantage to have it as an investment despite its volatility because it could provide assurance of good profit in the future. Trending or not, I would still buy it and I won't fear if it's the price would fall because it's still good for a long-term hold.

Trending or not, Bitcoin is still the best Coin to invest in. It has grown over the year. Anyone who invest in bitcoin and have the patience to hold it for a long time will definitely make a huge profit for his/her Investment. We don't have to panic about the fall in price of bitcoin, just buy and have patience. I have been investing in Bitcoin, because i believe it won't fail me.