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Author Topic: Can you give one reason why I should buy bitcoin?  (Read 1188 times)
BTCBroker2016
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May 23, 2023, 11:14:59 AM
 #61

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.

Completely agree. I learned a lot while started investing. And I didn't even stop
beerlover
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May 23, 2023, 11:19:34 AM
 #62

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.
This is a bit aggressive but correct answer. I feel like people are not realizing that bitcoin is an asset, which means that it can be 1 cent or it can be 1 million dollars, we do not know which one it will be. Nobody can guarantee you anything, which means that it can't be a scam, there is no possible way, there is nothing that you could lose bunch of money and you know this beforehand could be considered scam when you do end up losing it because we already told you that was a possibility.

If you want to invest, great, then go ahead and invest but if you do not want to invest then you should not be doing that and you should be considering that the best thing to do is just focusing on making money the way you possibly could in any other way.

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May 23, 2023, 11:26:51 AM
 #63

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!

The only answer to why to buy bitcoins ,first imagine the future of bitcoins and then decide to invest in bitcoins. Bitcoin will be the only virtual currency that will become a competitive asset in the world. The more bitcoins one has at a time, the more wealth one has. What the experts and experts have predicted will come true as we have already seen Bitcoin's market peak of $69,000. Bitcoin in the distant future . The market will exceed million dollars then those who are currently investing in Bitcoin will become millionaires and billionaires at that time.

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May 23, 2023, 11:51:22 AM
 #64

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!


Can't you find a ton of reasons on your own? If not, I think you still have a lot of research to do on your own, because there are literally thousands of reasons one can come up with to buy Bitcoin! By this time, I bet many other forum users already gave you the best ones, for sure!

Bitcoin is energy. Bitcoin is freedom
I rather die on my feet than living on my knees!
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May 23, 2023, 11:52:29 AM
 #65

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!


One Good reason I'll share is that Bitcoin gives you control and power over your money. ( That which the fiat doesn't )
 During my growth here in the forum, I recall a post of not forcing your siblings or friends to invest in Bitcoin, for if they do and get such loses, the blames would be on you.

It's one thing to buy bitcoin, it's another thing to hold, do you have the patience to buy and hold, No?! It's also another thing to secure them yourself. ( By not using exchnages ).

Most newly investors are not aware bout the volatile nature of Bitcoin, not knowing how it fluctuates and the price decreases, so build and work on your emotions to accept loses for it's part of the investors journeys to success.
Bitcoin will only benefit those investors who are long term holders, who are not after short term holdings, they can just buy the Bitcoin and forget they did such.

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May 23, 2023, 01:31:07 PM
 #66

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!

Your friend told you right. Bitcoin is a valuable asset. Many people have made a lot of money by investing in this precious asset. 13 years ago today, a man named Laszlo Hanyecz bought two pizzas with 10,000 bitcoins. Its current value is 10000×27283=$272830000. So you think from here how was the position of Bitcoin 13 years ago and how is the position of Bitcoin 13 years later. So from here we can assume that we will definitely benefit from Bitcoin investment. We will never be discouraged from investing in Bitcoin in the future.
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May 23, 2023, 01:34:11 PM
 #67

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!


I advise you, you do not to invest in bitcoin because you already know about it, but you have not taken the time to do your own research and expect others to convince you. You better not invest in it, and it's not for you either.
Given your personality, I bet if your investment loses, you will immediately blame the person who introduced you to bitcoin, and you will call bitcoin a scam. So, for your sake, don't invest in bitcoin, and that's my advice to you.

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May 23, 2023, 01:53:17 PM
 #68

For us crypto users of course, buying Bitcoin is something we really want because this will be a very large future asset, so those of you who already know about Bitcoin and advice from your friends are indeed very good, so don't waste this opportunity for you to do because later if you find out that Bitcoin is increasing in price, of course you will feel regret, But you must have your own confidence in making decisions because the value of Bitcoin is fluctuating and that has become a characteristic of Bitcoin, so first learn about Bitcoin well so you can be more confident to invest.

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May 23, 2023, 02:46:12 PM
 #69

For you, I think you should do your own research on issues where you don't understand the fundamentals and potential value of any investment before making a decision. If unsure, educate yourself about Bitcoin and its value proposition so you can make informed choices that align with your personal goals and values. So be sure of what you are saying and what you are doing because no one is forcing you to matter whether you want to invest or care so far.

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May 23, 2023, 03:29:30 PM
 #70

You already know bitcoin and you don't believe in it, it's your choice. I have no reason to give you any advice, but I just wanted to tell you. You missed a huge opportunity by not investing in bitcoin, and you will regret it like many others. For me, giving financial advice to other people is a bad idea because if they lose, they will blame me, so I don't want and have no responsibility to anyone.

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May 23, 2023, 03:43:40 PM
 #71

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!

Take a perspective from the past and introspect why now I have to earn Bitcoins or let's say buy Bitcoins, and basically some people are targeting their plans for the future in terms of keeping their assets in Bitcoins and doing their digital investment phase at the same time, but you will get what it all means from Bitcoin when you already understand Bitcoin and the knowledge of other colleagues.

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May 23, 2023, 05:40:13 PM
 #72

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!


Well the truth be told that you don't have to be convinced  by anyone before getting into crypto because it has to be a personal decision.
There are alot of advantages  when getting involved into bitcoin and cryptocurrency at large but the truth is that nothing is certain in the cryptocurrency industry  not even the gains that is promised .
If you've heard and read some more about bitcoin, you must have heard that it is a volatile asset and as such, it can rise and as well fall and the volatile nature is what determines the gain and the losses in the business.

Answering to your questions directly, there are several reasons why you should own bitcoin and some reasons are;
~ privacy:  bitcoin  offers freedom and privacy  from government monitoring on like fiat which is been monitored and tracked my the government.

~ 24/7 hours availability which means that it can be purchased at anytime.
These two are enough reasons to get involved.

R


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dlightag
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May 23, 2023, 07:00:24 PM
 #73

Number one reason why you should buy Bitcoin is that cryptocurrency has come to take the world by stone through using crypto as online payment, which Bitcoin is the number one among other alt-coins in the cryptocurrency market. Hence Bitcoin is a digital assets that keeps adding value's from time to time, so it's good to buy and hold for a long term.
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May 23, 2023, 07:13:36 PM
 #74

Bitcoin is a new type of currency that has gradually been adopted in several countries. You can use bitcoin as a means of payment in places that accept them, while you can also hold bitcoin for other plans including store of value, investing and more.

As a decentralized asset, you can spend your bitcoins for any purpose and the great thing is that bitcoin also supports your privacy. If one day banks and other banking services can't help you to transact as fast as you expect, maybe at that time you will realize that bitcoin will help you.

.
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BVeyron
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May 23, 2023, 07:18:25 PM
 #75

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!


I think BTC is useful for long-term investment. And now there is a chance to save money if fiat inflation occurs. However, the chance is not high, but it still exists. So I think it's quite useful to have some btc in the savings. Though I don't think that its a good idea to invest all the excess money into crypto.

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May 23, 2023, 07:19:07 PM
 #76

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!

With the way everyone have been talking about bitcoin and the way bitcoin have suprised most of us in the past and bitcoin will still suprise us in future, you are still their waiting for someone to convince you? All what I will tell you is that you should learn about bitcoin and make sure you invest any amount you can afford to lose in bitcoin so that you won't miss out in the future, most people that were once waiting to be convinced in the past when bitcoin price was low are regretting why they didn't have trust in bitcoin early.

One of the reason why you should invest in bitcoin is that, Bitcoin will be the future currency, and their are lot's of advantages that's in making transaction with bitcoin, and with time most countries that are banning bitcoin won't have choice than to just accept bitcoin. Am not saying fiat currency won't be used again, but attention will be shifted from fiat currency to bitcoin, but it's going to take time before that can happen.

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May 24, 2023, 06:09:01 PM
 #77

For you, I think you should do your own research on issues where you don't understand the fundamentals and potential value of any investment before making a decision. If unsure, educate yourself about Bitcoin and its value proposition so you can make informed choices that align with your personal goals and values. So be sure of what you are saying and what you are doing because no one is forcing you to matter whether you want to invest or care so far.
Seeking initiates here and there is pointless because bitcoin is a solid project that has done both dump and pump in the past. Nobody cares if you buy bitcoin or not; as long as they continue to print easy money from bitcoin, you'll be compelled to conduct critical investigation on the project. Remember, we are no longer in the archaic age where we refer someone to make money, infect any individual who gives out good knowledge about bitcoin deserves accolades becauses he or she truly wants you to stick up your crypto portfolio.

R


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SatoPrincess
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May 24, 2023, 08:37:41 PM
 #78

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!

It seems your friend like most Bitcoin enthusiasts was trying to sell you the bitcoin dream, that bitcoin is going to make you a very rich man. Your doubts are not misplaced, it’s a too good to be true story, the truth is bitcoin is a volatile asset and cannot be predicted accurately which means your investment can skyrocket or plummet.
When you ask these kind of questions in a bitcoin forum, you should expect that the replies are going to biased and pro bitcoin, frankly this isn’t the place to visit if you want to hear anything negative about bitcoin. I think the best thing you can do for yourself is research about bitcoin and understand the concept behind the tech before you come to a decision.
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May 24, 2023, 08:50:13 PM
Merited by The Sceptical Chymist (3)
 #79

You need to convince yourself about an investment and not let others do the thinking for you. Some are into bitcoin for financial freedom without depending on the banking system, some buy it for the potential ROI, some others use it as a retirement plan, the purpose is different for different people.

Understand what bitcoin is and what value it offers, then decide to buy or not.

- Jay -
I second this. The decision to make that investment and risk your money on the line isn't for your friend to make or whatever acquaintance or relative you have. That solely lies upon you cause at the end of the day, it's your own moolah you'll be putting down and would be risking, you can't have scapegoats when shit hits the fan and you lose it all. Whatever the reason for investing really, it has to become something that came from your own volition.

In that regard, I suggest that OP look into a couple of revered articles and researches about bitcoin, maybe even give the whitepaper itself a quick-read since Satoshi Nakamoto made it understandable to even the dumbest form of dimwits on the internet. Look it up, research, and then from there decide whether you should invest in it, or bitcoin's not for you. Don't put in money just cause "a friend told me I'm gonna be rich with this". That's just stupid and will definitely get you in trouble someday.
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May 24, 2023, 09:30:03 PM
 #80

My reason for you to invest in bitcoin would be; we are living in the digital era were most financial transactions are all built around digital platforms..and with these comes limited control from traditional channels such as fiat and if you want total freedom of your finances and be your own bank.. nothing out there beats crypto and what better way to enjoy financial freedom by investing in bitcoin.
Be part of the revolution and become an early adopter Roll Eyes, good luck Smiley.

R


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