Why are you interested in bitcoin?

[Raceonsucced]

Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?

You are highly welcome and I am sure you are in the right place to learn anything you wanted learning about Bitcoin.

You need to be active and participate in several discussions here because it will help to clear some difficulties you are having related to Bitcoin and Cryptocurrency; moreover, try as much as you can to ask questions because you can learn easily by asking questions because I am sure many forum users here will provide you with a solution.

You can also read about Bitcoin and how it started, the basic knowledge about blockchain, keys, and addresses as well as how Bitcoin transactions are here

I am very grateful for the welcome. I am also very grateful and appreciate all the knowledge and opinions from you. Because for me it means a lot. The more often I read about bitcoin posts, for some reason I'm getting more interested in bitcoin. I will learn slowly from you.

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[Tony116]

If you compare bitcoin to gold or fiat, the benefits of bitcoin are many, but I am like many others here.
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May be it will be a surprise but if to compare bitcoin, gold and fiat you'll find out that there are different benefits which all three have: you just choose what you prefer most. The majority in the forum chooses bitcoin, we like to have control over our own money and digital nature of an asset. But some others prefer relying on a third party or to have a physical object to own and they can consciously choose another option.

I don't just mean bitcoin has benefits, fiat and gold are useless, I mean bitcoin is a multifunctional asset. I'm not a fiat hater like many others because no matter how bad it is the fact that we are still using it every day, and without it we would have a lot of trouble in life. Gold is not profitable with bitcoin, but its safe. I invest in bitcoin, but I am saving gold for my kid's future. All 3 have their own benefits and different use cases.

[Bananington]

I want to ask you guys. Why are you interested in investing in bitcoin?

Cryptocurrency began and offered a new opportunity for investment, that singularly raised the interest of people to look towards this new opportunity. Finding out that there are many cryptocurrency being lead by the most solid of them all which is bitcoins, that has made it the number one choice of interest for investment from new investors who want to invest in cryptocurrency. Every body will have their reason for being interested in bitcoins, but for me, I am interested in bitcoins because it is the leading cryptocurrency ahead of other altcoins. We all have different interests, maybe the same interest with a few other persons, but the good thing is how our interest has led us to the use of bitcoins.

[Smack That Ace]

I want to ask you guys. Why are you interested in investing in bitcoin?

Cryptocurrency began and offered a new opportunity for investment, that singularly raised the interest of people to look towards this new opportunity. Finding out that there are many cryptocurrency being lead by the most solid of them all which is bitcoins, that has made it the number one choice of interest for investment from new investors who want to invest in cryptocurrency. Every body will have their reason for being interested in bitcoins, but for me, I am interested in bitcoins because it is the leading cryptocurrency ahead of other altcoins. We all have different interests, maybe the same interest with a few other persons, but the good thing is how our interest has led us to the use of bitcoins.

Most people on this forum invest in bitcoin, and many say no to altcoins. But you still haven't answered the OP's question, what is the purpose of your bitcoin investment? Is it because you love technology, or do you need bitcoin to protect your privacy, or are you here for profit? Whether it's bitcoin or altcoins, there needs to be a reason why we're here. I am here for profit, I like the high volatility of bitcoin because it can give me huge profits even though the risk is not small.

[nimogsm]

Because I'm still a beginner here, and still don't know much about bitcoin. So, I want to learn more about bitcoin from you guys. I want to ask you guys. Why are you interested in investing in bitcoin?

This is a very good question.Bitcoin is something more than money, it is a universal tool that you can exchange for almost all the money in the world.The second point is that this is only your personal savings to which only you have access, there are much more advantages than banks.Well, the third factor is the price, your capital can become larger at any time.

[heslylamba]

I think almost everyone bought bitcoin to make money, but then they realized that it's more than just a way to get rich quickly.
For me, bitcoin is an idea. It represents revolution and freedom. I don't really care about the price of bitcoin anymore.

[Jensen Guttenberg]

I am not going to lie, the first time I get into crypto it was all about the money but then I see the potential of bitcoin and what it offers but I believe that there is still time for bitcoin adaption.

[ZAINmalik75]

I want to ask you guys. Why are you interested in investing in bitcoin?

Cryptocurrency began and offered a new opportunity for investment, that singularly raised the interest of people to look towards this new opportunity. Finding out that there are many cryptocurrency being lead by the most solid of them all which is bitcoins, that has made it the number one choice of interest for investment from new investors who want to invest in cryptocurrency. Every body will have their reason for being interested in bitcoins, but for me, I am interested in bitcoins because it is the leading cryptocurrency ahead of other altcoins. We all have different interests, maybe the same interest with a few other persons, but the good thing is how our interest has led us to the use of bitcoins.

Most people on this forum invest in bitcoin, and many say no to altcoins. But you still haven't answered the OP's question, what is the purpose of your bitcoin investment? Is it because you love technology, or do you need bitcoin to protect your privacy, or are you here for profit? Whether it's bitcoin or altcoins, there needs to be a reason why we're here. I am here for profit, I like the high volatility of bitcoin because it can give me huge profits even though the risk is not small.

This is really amazing every time when I have newbie and asking things like this I feel myself lucky as I was able to join this community and have enough support and good opportunity for the better life which was missing before this because I had never been able to have indolence and chance of doing things which I being doing right now have amazing profit and safety even in just few years I change my lifestyle which was never been in stream.

Things change drastically, and now I have good opportunity to do things which are safer and having better for the future life as well investment and safety both are working for me here, but best thing is independence which is important for the all as well.

[The Cryptovator]

I doubt that everyone in this room is responding honestly. To be really honest, I'm interested in bitcoin since it allows for borderless transactions without the involvement of a third party or for financial gain. The price of bitcoin has fluctuated dramatically, with certain significant price movements. This has drawn us to the idea of making money by purchasing low and selling high. For that reason, I am aware that most people love Bitcoin. Very few people, if any at all, are aware of the purpose and use of Bitcoin. Basic sense, we're working hard to capitalize on the volatility.

[jokers10]

I don't just mean bitcoin has benefits, fiat and gold are useless, I mean bitcoin is a multifunctional asset. I'm not a fiat hater like many others because no matter how bad it is the fact that we are still using it every day, and without it we would have a lot of trouble in life. Gold is not profitable with bitcoin, but its safe. I invest in bitcoin, but I am saving gold for my kid's future. All 3 have their own benefits and different use cases.

Fiat currencies and gold are also multifunctional, but well I'd say that I don't like fiat and we still use it just because bitcoin is not widespread in the world enough. Otherwise I'd prefer to get payments and pay in bitcoins or sometimes probably in some other decentralized cryptocurrency but not in fiat. Just because it is not possible in many cases I still use fiat. But if some others would like to use fiat when we all will get an opportunity of not doing so I'll still stand for their right on choice: even if I don't like fiat they should have such option.

[coinerer]

The main reason I am interested in Bitcoin is because it is an advanced technology and it is very easy to exchange and the profit from investing in it is higher than other currencies and central bank FD rate. I feel more comfortable keeping money in bitcoins than keeping money in the bank because there is no hassle of paying taxes. And no one is accountable to hold the huge money here. So all in all I am very interested in Bitcoin

[mvdheuvel1983]

My interest in investing in bitcoin stems from two motivations that I feel are very important. The first motivation is its potential for a high ROI. Just a few weeks ago, we saw bitcoin go from $16k to $20k.
I am not unaware of the risks of losing one's investment either. It is one I am willing to bear.
Secondly, where my country's bank cards have failed me in terms of making international payments, Bitcoin has come to the rescue for me. as there is no limit on cross-border transactions.

[MoonOfLife]

I am not going to lie, the first time I get into crypto it was all about the money but then I see the potential of bitcoin and what it offers but I believe that there is still time for bitcoin adaption.

Me too, I am interested in bitcoin because from the beginning, I was introduced by a friend to the profit it brings and I believe we are all here for profit and not for bitcoin technology. My friends have talked a lot about the technology and features that bitcoin offers us, but really, I only care about the profit it brings. I think no matter how advanced the technology is, if it doesn't make a profit, no one will care about it.

[Sakanwa]

Why alot of people do chose to invest in bitcoin because of the testimony that has been told about BITCOIN. indeed bitcoin has changed a lot of life and it still changing life's.

Most people get to involve in it because of unemployment and never knew that bitcoin can ever change there life's but when they got to know more about it they have to key into it and told been a successful person.

As a beginner you have to make research about bitcoin properly  and know about the long term and short term Invertement and also know how bitcoin is process and the risk that implies in the bitcoin industry.

[Cryptomultiplier]

I have been introduced to Bitcoin long before I even knew what Blockchain technology means. It only just took me longer to actually delve into it. Once I had a taste of profit from my first crypto currency which is Bitcoin, my interest became even more solidified.
The ease at which international trade and commerce is conducted, owes to the fact that payment across borders is instant without huge bank exchange fees or other hassles.
With the situation of how redesign of a countries currency has caused Naira to be exchanged for Naira in the Nigerian scenario,  Bitcoiners find it easy to send and receive payments for business and personal needs. The more knowledge the more coins. That's my first reason for joining this forum and it has really made me more knowledgeable than my counterparts.

[Locksmith Direct]

I first got interested because of Andreas Antonopolous on YouTube, it led me down a rabbit hole of understanding what money is, once I understood that then the lightbulb clicked for me. I was 100% interested in Bitcoin. Over the next 10 years it's just been a case of watching it all unfold and seeing the predictions come true. At this point of have zero doubt in my mind that Bitcoin will encompass most aspects of our daily lives, even without us realising it.

[cozytrade]

What I have seen in these few days is that most of the people are now attracted to Bitcoin. Because Bitcoin is now being used by everyone but the public demand of Bitcoin is increasing day by day. I have seen some people now investing in Bitcoin without keeping money in the bank. But  In the next few years Bitcoin will be used by people in almost every country. Then I think the use of Bitcoin will increase.

[RockBell]

Personally, I have several reasons why I am interested in bitcoin in particular:

1) bitcoin is protected from inflation - for this purpose, a limited issue of bitcoin and regular halving, during which the commission to miners is halved, are laid down at the program level;
2) bitcoin transactions can be carried out 24/7/365 in any corner of the world where there is an Internet connection;
3) there are no limits on money transfers in the bitcoin payment system;
4) bitcoin transactions are transparent and secure due to blockchain technology.

So, I wish you success. I hope you will be able to understand cryptocurrencies, in particular bitcoin, and make a lot of money.

Maybe someday you'll share it with me when you remember my answer to your question.

I agree with your good answer, and indeed I personally also think like you, so basically many people are interested in investing in bitcoin because they see the profit factor, and most people predict that the price of bitcoin in the future will be high. although that is just speculation for the future. but there have been many examples of people who have successfully invested in bitcoin and become successful.

and I personally also only speculate for the future that bitcoin in the future will be high in price.
and in my opinion it is better to invest in bitcoin than no investment at all.

That is ultimately true in every business you invest in to make money, and bitcoin is not an exception. However, I have found that the majority of beginners investing in bitcoin are unable to distinguish between it not being a Ponzi scheme, which has caused the majority of them to be unable to hold, which is bad for business. Instead, the success stories of those who believed in and invested in bitcoin and have never looked back should serve as motivation for all of us, as the better days are quickly approaching. And from the question asked why we invest in bitcoin is because of the profit.

[Belarge]

Firstly i'm interested in Bitcoin because it serves a financial tool, Bitcoin helps people to be financially boyant..

Secondly the world is going digital, and crypto (Bitcoin) is taking over over the world, as a business man I might venture into a business of foreign exchange that will warrant just Bitcoin, and our local currency night not be needed, but if I have Bitcoin I will have the opportunity to transact with the foreign market and that's another reason why I'm interested in Bitcoin,

Thirdly, I'm interested in  Bitcoin in because its very fast in transactions, it's safe, secured, it transfers are direct and it doesn't have a limit to money transfers....

[Inwestour]

That is ultimately true in every business you invest in to make money, and bitcoin is not an exception. However, I have found that the majority of beginners investing in bitcoin are unable to distinguish between it not being a Ponzi scheme, which has caused the majority of them to be unable to hold, which is bad for business. Instead, the success stories of those who believed in and invested in bitcoin and have never looked back should serve as motivation for all of us, as the better days are quickly approaching. And from the question asked why we invest in bitcoin is because of the profit.

I knew about bitcoin before when it was much cheaper, but since I focused on altcoins, I could not benefit from buying cryptocurrencies, because my portfolio consisted of altcoins and I lost everything.

Later, I continued to look for good investments, I studied many different options and came to the crypto market again, but this time I studied bitcoin and realized that this is a great investment. At some point, I regretted that I had not figured it out before, but apparently at that time I was not ready, and now I invest in bitcoin and consider it one of the best tools for this.