Mate2237
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May 22, 2023, 04:33:02 PM |
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A friend of mine once told me that I can become very by investing in bitcoin and cryptocurrency. According to him,he said some crypto analyst and experts have long predicted that bitcoin has the largest transfer of wealth and affluent The world has ever seen and that most of them that are investing in it will be the ones to be rewarded. I'm certainly not convinced about this information that he gave to me...I want better ideas and enlightenment on why I should buy bitcoin.I need help please!
You have chosen the right path to k ow more about bitcoin and your feelings on the why to invest on it. There many reasons to do that, really if you are patient enough to invest, it gives financial freedom because it's just like a business that profit comes in at the end of the day, week month or the year and all depends your endurance. If you buy bitcoin when the price is very low and you sell it when the price very high then you make enough profit from it. Remember the unit of bitcoin which the amount of bitcoin you buy will not change. Like of you buy 0.002 bitcoin and even the price goes up that is the same bitcoin unit you will still see. And you won't see 0.009 or above that. It will never and what changed is the price.
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Japinat
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May 22, 2023, 04:36:02 PM |
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A friend of mine once told me that I can become very by investing in bitcoin and cryptocurrency. According to him,he said some crypto analyst and experts have long predicted that bitcoin has the largest transfer of wealth and affluent The world has ever seen and that most of them that are investing in it will be the ones to be rewarded. I'm certainly not convinced about this information that he gave to me...I want better ideas and enlightenment on why I should buy bitcoin.I need help please!
Don't be deceived by these self proclaimed crypto analyst and so-called experts because they are actually not that different, conversely, they are just simple humans just like us who are also predicting the likelihood of the specific coin that they are looking. A word from these types of people doesn't mean or guarantee anything, what they are saying are just mere speculations and nothing else. And if you want to have a reason on why should you buy and invest towards bitcoin, nobody can give you a much concrete reason other than yourself. You should find the answer yourself if you're interested about cryptocurrency because if you're not, no such words will convince you.
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Lorence.xD
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May 22, 2023, 04:52:41 PM |
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If you're interested at Bitcoin of course it would be better to do your own research about it since you've asked here in the forum, I could say that Bitcoin is a digital currency where you could do some investing and trading with the it's volatility which the reason why risk are involved. But the most important thing is you consider yourself want to invest from yourself and you wouldn't rely to the others people call since it's your money at stake.
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lovesmayfamilis
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May 22, 2023, 05:04:56 PM |
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OP, in fact, no matter what the users here tell you, there will not be one single and correct opinion and advice. If you consider yourself an adult, all information about investing your money in any enterprise should always be evaluated independently. Do not trust beautiful promises, do not trust strangers, and always check through thousands of filters what you are advised about investments. Ultimately, you make the decision yourself, understanding all the risks and various incidents that may occur during your journey to wealth. There are a lot of arguments in favor of investing in Bitcoin on the forum; if you want to pass for a literate person, read everything for yourself. You must understand that no one needs you except yourself to prove something to you so desperately. Always have your own opinion.
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hannahB4
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May 22, 2023, 05:09:39 PM |
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What is the reason why you should eat? some people will tell you to live, survive and sustain but you have the best idea of answers to that. I don't know you or your story, if you are already established in life you can stay out of this for investment purposes but if not, I think the best thing for you is to do your research about Bitcoin, then answer the question by yourself and for yourself.
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bangjoe
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May 22, 2023, 06:01:03 PM |
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A friend of mine once told me that I can become very by investing in bitcoin and cryptocurrency. According to him,he said some crypto analyst and experts have long predicted that bitcoin has the largest transfer of wealth and affluent The world has ever seen and that most of them that are investing in it will be the ones to be rewarded. I'm certainly not convinced about this information that he gave to me...I want better ideas and enlightenment on why I should buy bitcoin.I need help please!
Do you feel that you are as important as a friend, some of us have to convince you to invest in bitcoin, you invest or not it will not be a masla, h especially for me personally, I am quite simple, if you are interested in something human will be relatively curious about It and find out in all the ways he can find the answer, and you only do stupid questions like that. No one requires you to buy Bitcoin, and there is no guarantor institution for you to benefit in Bitcoin, you must understand that first, but most people here are those who profit from learning bitcoin and investing in bitcoin with various strategies. By the way, in investing in Bitcoin, don't listen to other people, personal analysis is more prioritized in investing, to keep you away from regret if you follow other people's words.
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nimogsm
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May 22, 2023, 07:06:25 PM |
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The first thing you should understand is that bitcoin is a universal means of payment. The second point is that its resource is very limited and even owning a part of bitcoin you will have a valuable resource as the demand for it is only growing. And the third aspect is the price, look at the price chart for the last five years and I think you will no longer have questions why it is necessary to own it.
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DiMarxist
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May 22, 2023, 07:37:18 PM |
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Bitcoin is digital currency and it have influence over the nations which many people have queue up for it's technology. Bitcoin is a digital currency that is perfectly work online as a means of payment and also trading and investment as it applies, Bitcoin is an asset which has more opportunities to invest now, for a future usage, a user must prove. Ultimately, you make the decision yourself, understanding all the risks and various incidents that may occur during your journey to wealth.
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Vaskiy
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May 22, 2023, 07:39:43 PM |
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Buying bitcoin needs to happen on ones personal understanding about bitcoin. Just going with someone's suggestion isn't fair, because the person who introduced might've said you about the bullish move and to the bad luck you might be experiencing bearish market. This will be disappointing, good is to go with the purpose. If one haven't got to know anything prior and completely new it'll be hard for them to believe.
If the ultimate is to make yourself rich, you've got more choices available. Bitcoin have got the ability to make a person rich in a short as well as in the long term. It all depends on how the person have understood it. Same time the risk associated too looks high than other form of investment. Just buy, it assure you with the best profit someday.
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kawetsriyanto
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May 22, 2023, 09:37:28 PM |
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You must know that no guarantee of profits by investing in Bitcoin. Investing in Bitcoin is even a high-risk investment. So, it is not an instant way to be rich by investing in Bitcoin. Everyone who invests in Bitcoin must have enough knowledge and experience about crypto and Bitcoin. Also, you need to have patience and a big trust in Bitcoin when you are holding it since there are too many FUDs spreading. If you are a weak holder/investor, you probably panic and sell your Bitcoin immediately whenever there is a drop in Bitcoin price. In conclusion, if you can't convince yourself and feel doubt about Bitcoin future, you don't deserve to invest in Bitcoin. No one can help you to convince yourself, it is about how you view Bitcoin itself.
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Yatsan
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May 22, 2023, 09:46:10 PM |
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If you want to purchase something expensive and want to avoid taxes for it, then paying thru Bitcoin would help you to do that IF the seller or company you would buy it from, accepts such mode of payment. Another reason is profit from investing into it. Problem is risk exposure because the market value is changing from time to time and that includes decline on its market value sometimes. It is easy to convince someone to engage into this technology what is hard is to keep them still in this industry. Not all people can tolerate seeing losses on their held assets since not all people are into investments. Which is why encouraging people to invest, especially in this industry, depends on who you are encouraging.
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JoyMarsha
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May 22, 2023, 10:07:09 PM |
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There isn't much of a justification or conviction for someone to invest in bitcoin. Anyone who decides to invest in bitcoin does so at their own risk since there will be a future focus on identifying the person to hold accountable for a bad investment because they suggested you do so(invest in bitcoin)
You should not invest in things you don't understand or in accordance with predictions made by crypto analysts about the price of bitcoin and the wealth accumulation that would result from doing so. They are only speculating, and you shouldn't base your decisions and expectations on them because no one knows what the future of bitcoin will bring. If one fails to understand crypto volatility, it could be depressing for a newbie.
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terrific
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May 22, 2023, 10:40:24 PM |
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If you're not convinced then try to research more. If you're up for an investment, it should be you that must figure it out and have your own reasons to invest. That's the first rule as an investor and you're using your own time, money and resources for it. If someone says that you should invest because of bla bla bla.. you shouldn't do that unless you've made your research with due diligence. People that have suggested what to do will not hold accountable for any loss you make but only you.
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Texac
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May 22, 2023, 10:54:57 PM |
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A friend of mine once told me that I can become very by investing in bitcoin and cryptocurrency. According to him,he said some crypto analyst and experts have long predicted that bitcoin has the largest transfer of wealth and affluent The world has ever seen and that most of them that are investing in it will be the ones to be rewarded. I'm certainly not convinced about this information that he gave to me...I want better ideas and enlightenment on why I should buy bitcoin.I need help please!
People invest in bitcoin to make a profit, make money, and protect their privacy, if you also have those needs, then that's why you should invest in bitcoin. if you lack knowledge about bitcoin and are not confident enough to invest in it, do your own research and find out everything, you don't need someone to convince you to invest. it's like you can't ask someone to find a high paying job for you when you're lazy. Moreover, giving investment advice to someone is a bad idea because if your investment loses, you will blame them, I would never do that.
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rhodelmabanal
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May 23, 2023, 06:24:31 AM |
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A friend of mine once told me that I can become very by investing in bitcoin and cryptocurrency. According to him,he said some crypto analyst and experts have long predicted that bitcoin has the largest transfer of wealth and affluent The world has ever seen and that most of them that are investing in it will be the ones to be rewarded. I'm certainly not convinced about this information that he gave to me...I want better ideas and enlightenment on why I should buy bitcoin.I need help please!
You should buy bitcoin today before its too late, because there is a big possiblity that bitcoin will rise up to 100k$ in the near future and if we don't buy and hold or ignore bitcoin today there will be a big regret in our life, just like what happen in year 2010 if we know bitcoin will rise almost 90% of its price from year 2010 to 2021 then we will grab the opportunity but its not happening because we ignore btc before.
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dr.hopkins
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May 23, 2023, 06:53:19 AM |
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Your friend might be onto something! Bitcoin has certainly made some people very rich, but it's always good to do your own research. Start by learning about its technology, potential use cases, and market trends. Remember, investing comes with risks, so make informed decisions and never invest more than you can afford to lose. Good luck on your crypto journey.
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Outhue
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May 23, 2023, 07:45:15 AM |
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A friend of mine once told me that I can become very by investing in bitcoin and cryptocurrency. According to him,he said some crypto analyst and experts have long predicted that bitcoin has the largest transfer of wealth and affluent The world has ever seen and that most of them that are investing in it will be the ones to be rewarded. I'm certainly not convinced about this information that he gave to me...I want better ideas and enlightenment on why I should buy bitcoin.I need help please!
You don't need to be confused, your friends already told you about how Bitcoin is the largest transfer of wealth, what more do you want to hear from people on here? No matter what anyone tell you on here we won't be able to confuse you because you already understand what crypto is all about. If you are chasing high return of investment then that's different, investing in Bitcoin is safer for crypto newbies and there is no cause for alarm on the longer term, all they need is hold for the long term, but altcoins can give better ROI, still they are way risky than Bitcoin. You can pack some altcoins for a thousand dollars today and in weeks you have 200$ left, altcoins can get you rich fast and can make you poor faster, having Bitcoin included in your portfolio is the safest practice.
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chillaxe
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May 23, 2023, 07:51:42 AM |
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Bitcoin still has great potential that one is true. In the last 1 year the price of 1 BTC is around 20-25K USD$. Which is very respectable and surprisingly stable compared to its early days. There is no doubt some time soon, within this year . Bitcoin will rise 2 or 3 times its current value. If you are a true cryptoneer, build a portofolio that you like. It can contain stablecoins,memecoins,bitcoin, ether and lots of altcoins.Dont put all your eggs in just one basket.This is the most true answer you will find.
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erixter
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May 23, 2023, 10:19:00 AM |
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Bitcoin still has great potential that one is true.
One reason to buy Bitcoin is its potential in the market, and it has a hedge against inflation. In this times of economic uncertainty or when traditional financial markets experience volatility, investors often seek alternative assets that can retain their value and gave them financial benefits. Bitcoin has demonstrated its ability to act as a hedge during such periods. However, it's important to note that investing in Bitcoin involves risks, and its price can be highly volatile, but you can get benefits from your understanding.
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TheUltraElite
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So anyway, I applied as a merit source :)
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May 23, 2023, 10:25:12 AM |
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If you're interested at Bitcoin of course it would be better to do your own research about it since you've asked here in the forum, I could say that Bitcoin is a digital currency where you could do some investing and trading with the it's volatility which the reason why risk are involved. But the most important thing is you consider yourself want to invest from yourself and you wouldn't rely to the others people call since it's your money at stake.
I think the biggest reason is the nature of Bitcoin being decentralised and censorship resistant. The government tries to centralize the banking system while this is an alternative to it. The very easy of sending Bitcoin to anybody in the world without restriction comes as breeze of fresh air to many of us. If this is something we can propagate further we might see local shops accepting it then there will disruption in the banking sector. This idea should itself be a big impetus to anyone new to this sector and is willing to invest in crypto. The profits from trading Bitcoin comes secondary to it.
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