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Author Topic: Can you give one reason why I should buy bitcoin?  (Read 1186 times)
BD Crypto
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May 29, 2023, 07:12:38 PM
 #141

Bitcoin is the first digital crypto currency which is decentralized. It has gain a huge popularity and also it's price pumped hard when it was bull season. It has many usecases and day by day it's popularity and price gaining. So you should be a part of this gem asap so you may have a huge gain in future. If you ask me about the safest crypto to invest in then I will obviously suggest you one and only Bitcoin.
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May 29, 2023, 09:39:33 PM
 #142

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
Looking for someone to give you reasons why you should buy bitcoin is you not being ready to take up any bitcoin investment.
What happens when the reason proves in effective within a speculated time and the reverse to predictions becomes the case more often than you would have hoped to see.

Then, yiu pull find yourself looking out for an exit strategy and all those to whom have advised you would be to blame meanwhile, its you who have failed to put in the necessary efforts.

You have to find your own means to be enthusiastic about it, either this might be your means but, you have to be about it out of your interest for the currency.

There may be those who want to invest in interaction with people and those who want to evaluate their investment with advice. For example, if i have invested in Bitcoin i will talk about its benefits and recommend it. But it is very wrong to believe in something blindly. Those who receive advice should definitely do their own research and should not blame anyone for this reason. If you're looking for a reason to blame you should invest in something you believe in. The reasons for this should be well read and evaluated. The advice is all valuable and find one among them to suit you, but don't blame anyone if things go wrong.

Buying Bitcoin is a rebellion against the central system for me. People are tired of central authority and are looking for a way out. Economically this exit may be possible with Bitcoin. I will continue to buy btc to protect the value of money and to rebel against the central system.

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May 29, 2023, 09:42:49 PM
 #143

Bitcoin is the investment and people is has been into right now so there is no reason somebody can give you that is very reasonable not to invest in Bitcoin but the problem is that before you invest in Bitcoin you have to know what is Bitcoin and they have to know the disadvantages and the advantages of Bitcoin before you invest in Bitcoin and make profit because many people use their last money for investment of Bitcoin not knowing that it has advantages and also disadvantages

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May 30, 2023, 04:07:26 AM
 #144


I hope this chart can give you enough reason if you compare it to a chart of any fiat currency.

I am not here to convince you to buy Bitcoin. My post is not financial advice and just free information for you.
this might not be a Financial advise but at least you have gave him the best answer and idea how and why he needs to invest and trust bitcoin as an investments.
not unless he will bring himself  another attitude to invest in altcoin and risk instead .
but all in all ,. the chart is influential and credible for the people to trust bitcoin like what op needs to understand.
Hmm seems you've already got many reasons given by the community and if you still haven't made up your mind I think then you are not fit for the Bitcoin community. Don't take me wrong as you know Bitcoin is a digital asset and P2P payment mode its the most reliable in the crypto industry it is a potential store of value as well with the highlighted features and investors cant stop themselves from investing In Bitcoin. Freedom gives you power from an investor's point of view you are free to choose after so many suggestions because we cant force you as it's your money.
actually Internet is more than enough for him to believe and buy bitcoin , not only if he is just spamming this forum with questions like this and never comes back to even read comments and advises .

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May 30, 2023, 05:26:45 AM
 #145

There are many reasons to buy Bitcoin. One of the reasons is that you can make a lot of money from it. But to make money you need to invest wisely. Buy Bitcoins when the market is dumping and sell Bitcoins when the market is pumping. You can earn good income from it too. Another reason to buy Bitcoin is that usually when we transact money we transact with the help of a third party and they have to pay interest for this transaction. But if we transact in Bitcoin, we can transact without the need of a third party. And no give interest is payable for this transaction. It is called peer to peer. Another reason to buy Bitcoin is that all Bitcoin processes are highly secure, so there is no chance of fraud. No one can take your bitcoins away from you. Here you will be the real owner of your bitcoins. You can invest safely here. Another great reason to buy Bitcoin is to invest in Bitcoin for the long term. Because Bitcoin will make new ATH between 2024 and 2025. If you can invest now, it will make you very profitable in future. And this is the best reason to invest in Bitcoin.

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May 30, 2023, 08:14:13 AM
 #146

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
Looking for someone to give you reasons why you should buy bitcoin is you not being ready to take up any bitcoin investment.
What happens when the reason proves in effective within a speculated time and the reverse to predictions becomes the case more often than you would have hoped to see.

Then, yiu pull find yourself looking out for an exit strategy and all those to whom have advised you would be to blame meanwhile, its you who have failed to put in the necessary efforts.

You have to find your own means to be enthusiastic about it, either this might be your means but, you have to be about it out of your interest for the currency.

There may be those who want to invest in interaction with people and those who want to evaluate their investment with advice. For example, if i have invested in Bitcoin i will talk about its benefits and recommend it. But it is very wrong to believe in something blindly. Those who receive advice should definitely do their own research and should not blame anyone for this reason. If you're looking for a reason to blame you should invest in something you believe in. The reasons for this should be well read and evaluated. The advice is all valuable and find one among them to suit you, but don't blame anyone if things go wrong.

Buying Bitcoin is a rebellion against the central system for me. People are tired of central authority and are looking for a way out. Economically this exit may be possible with Bitcoin. I will continue to buy btc to protect the value of money and to rebel against the central system.
a central system full of inflation seems to make people more oppressed, therefore with a decentralized system, it can provide protection for our finances from inflation rather than saving in banks. especially at this time where not many people have joined, so it is a golden opportunity to invest in the long term. bitcoin is the main choice in investing considering that the crypto world is a risky investment, and bitcoin is the cryptocurrency with the lowest level of risk for the long term
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May 30, 2023, 08:21:13 AM
 #147

Bitcoin is a store of value, a digital one if I may be so ever clear. Sure the price fluctuates at such a volatile manner that it's scary to get into because the second you get in, the value of your investment goes down but that's looking at only one side of the coin, looking at the market history of bitcoin, it recovers from bearish season and it even surpasses it's ATH multiple times already so buying bitcoin should be a good idea for you since it retains it's value if not increases when you don't panic.



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Rainbot
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May 30, 2023, 08:25:06 AM
 #148

Look at the charts, that might make you decide on what happened with Bitcoin for the past few years.
Do it only if you have the spare money. Don't risk anything like your savings or your budget for the groceries, the bills, or the mortgage. Just don't, it doesn't end up well.
The thing about investing in Bitcoin is no one is forcing you on when you should purchase. Buy it anytime, it's a free currency, no one really owns it except you if you have some on your wallet already.
There's really nothing good to say to make you buy because everything will still depend on you at the end of the day. And you can find all those information here. Use the forum properly and you will learn it even for just a day of reading.
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May 30, 2023, 11:01:32 AM
 #149

Bitcoin is a store of value, a digital one if I may be so ever clear. Sure the price fluctuates at such a volatile manner that it's scary to get into because the second you get in, the value of your investment goes down but that's looking at only one side of the coin, looking at the market history of bitcoin, it recovers from bearish season and it even surpasses it's ATH multiple times already so buying bitcoin should be a good idea for you since it retains it's value if not increases when you don't panic.

Maybe not much different. My view for and also answers OP Bruce4's question why consider buying Bitcoin and the reason for that is all because of its potential as a store of value even though the cryptocurrency market is unstable, Bitcoin has shown evidence to this day regarding its ability to maintain and potentially increase its value over time time. I think this makes investing in Bitcoin an attractive proposition for those looking for a digital store of value with long term growth potential.

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May 30, 2023, 10:49:22 PM
 #150

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!

First, each time you post anything try as much as possible to preview your writing before posting them, and back to what you stated, the fact that your friend is so confident about Bitcoin and its ability to make you rich is not enough for you to jump on the bandwagon, indeed bitcoin has a lot of potentials but we shouldn't also undermine bitcoin underlying risks, such as unspecified time of waiting for your desired price to be achieved.

But ultimately you will have to build up your knowledge bank, to be able to make better-informed decisions when. It comes to Bitcoin investment.
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May 31, 2023, 04:03:52 AM
 #151

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!


Anyone who is concerned with cryptocurrency hopes to invest in Bitcoin. Like when I got some knowledge about Cryptocurrency I was interested in investing in Bitcoin and later I invested in Bitcoin. That is why a person will invest in Bitcoin so that he can overcome his financial problem in the future with this virtual currency. Investing in Bitcoins Never Risks a Loss Predictions Many wise people have the highest desire for profit by investing in Bitcoins. And Bitcoin is an asset that if invested has the potential to elevate a person's life in the future. Already we have seen a lot of people make a lot of money by investing in Bitcoin and they have managed to get into a good position. So it will definitely be good for you if you know and invest in Bitcoin well.

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May 31, 2023, 04:19:08 AM
 #152

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!


Anyone who is concerned with cryptocurrency hopes to invest in Bitcoin. Like when I got some knowledge about Cryptocurrency I was interested in investing in Bitcoin and later I invested in Bitcoin. That is why a person will invest in Bitcoin so that he can overcome his financial problem in the future with this virtual currency. Investing in Bitcoins Never Risks a Loss Predictions Many wise people have the highest desire for profit by investing in Bitcoins. And Bitcoin is an asset that if invested has the potential to elevate a person's life in the future. Already we have seen a lot of people make a lot of money by investing in Bitcoin and they have managed to get into a good position. So it will definitely be good for you if you know and invest in Bitcoin well.

Bitcoin really has potential and can improve our financial situation if we invest it in the right way. But I disagree with your statement, the part I have bolded. Bitcoin is very risky, it can be said that it is the riskiest asset class of all assets today such as gold or real estate, the higher the return, the higher the risk. Another thing, many people have become rich by investing in bitcoin, but there are also many people who lose, even lose everything, when investing in the wrong way. Don't just emphasize the benefits and hide the unpredictable risks of investing in bitcoin.

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May 31, 2023, 05:30:39 AM
 #153

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!
This is kind of odd for me, to be honest if someone would talk to me personally and ask me this question I would just laugh at them.
Why would I even convince you? what's in it for me? no matter what happens in your investment it would all be in your hands?
If you really want to get into crypto or Bitcoin do your own research, if the result isn't suited for your investment plan then get out if you think that it would benefits you in the long run then go in, it's just as simple as that.
Yeah I know that we should promote Bitcoin but if you or those people who doesn't know it or not interested in it, would like more information after we give out information about it and explain how it works ask us more on why you should invest on it, I wouldn't argue or come up with any reason it is up to you to decide we had given out the information.
I totally agree with that and I don't really understand the mindset of people who don't get things done themselves and will ask opinion for almost every single thing. If you have heard about something that you are confused about, you should simply do some research and read and learn about it and then if you can make up your mind about it, that's all good, but if you can't, then simply move on.

I don't understand why would others need to convince you to invest your money into something that will benefit you and not them if it's a product or a service that they are associated with, that is another thing, but Bitcoin doesn't even have a referral program, lol.

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May 31, 2023, 07:59:18 AM
 #154

I don't give you a reason why you should buy but what I can give you is the reason why you should know about Bitcoin and this digital currency because, in this way, it leads you to have interest and might give you the courage to buy.
 
 - Bitcoin is another form of currency but can also be a good investment that would possibly give you a good profit.

I encourage you to learn more about Bitcoin, in order for you to understand it well before making a decision to invest. Indeed, it is necessary so you can find a reason why you should invest or not.


Many people are forced to accept the encrypted world and invest in Bitcoin. This does not require interest and education. When inflation occurs in your area, everyone will spontaneously look for suitable investment methods to preserve property value. It just so happens that Bitcoin is a good choice. It is not courage at this time, it is a wise choice when people see investment returns.
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May 31, 2023, 11:18:10 AM
 #155

The major reason of my interest in investing in Bitcoin and I will consistently adding new Bitcoins to my portfolio, is its inherent nature of decentralization and limited supply. These characteristics  potentially makes it exceptionally attractive investment for long term growth, specially as it it can be best hedge again skyrocketing inflation worldwide that is eroding overall value of our liquid and fixed assets.









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May 31, 2023, 11:45:12 AM
 #156

If you put money into bitcoins, it should be determined by your motivation and goals and you should also be consistent and disciplined in doing so.
and the reason i bought bitcoins is because their value will likely increase over time and as long as i have a lot of patience, bitcoins will give me an advantage that can make any wish come true for me. And besides that, my goal is, to invest the amount that I can lose safely and comfortably, and the most exciting thing about bitcoin is the freedom because we ourselves are the bank.
and if we talk about the reasons people buy bitcoin, in my opinion apart from profit reasons, bitcoin also has many good benefits for the owner depending on his goals.

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May 31, 2023, 11:49:43 AM
 #157

Bitcoin really has potential and can improve our financial situation if we invest it in the right way. But I disagree with your statement, the part I have bolded. Bitcoin is very risky, it can be said that it is the riskiest asset class of all assets today such as gold or real estate, the higher the return, the higher the risk. Another thing, many people have become rich by investing in bitcoin, but there are also many people who lose, even lose everything, when investing in the wrong way. Don't just emphasize the benefits and hide the unpredictable risks of investing in bitcoin.
It should be clarified that those who managed to get rich with the help of bitcoin were early investors and it is not so easy to recognize the potential of the asset in the early stages, because at that time it was an even riskier investment than now.

If you compare investing in bitcoin with gold and real estate, then of course bitcoin will be a riskier asset, and this is what stops large investors, because those who own large capital, in addition to making a profit, are also interested in maintaining their capital, for their most important priority is the security of their funds, not making super profits.

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May 31, 2023, 11:58:39 AM
 #158

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!
We can't really give you the enlightenment if you are not interested with Bitcoin in the first place. Most of the people come to Bitcoin space are looking for the investment purpose and whilst it's not true for some people but majority of people out there are looking to get money really quick. Ask for yourself and maybe do some research online about why do you even interested in the first place, otherwise we won't tell you anything.

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May 31, 2023, 12:16:25 PM
 #159

Go to your work desk. Take out a dollar bill put it on the table. Now bring out your phone and open bitcoin wallet with just few Satoshi in it and put it alongside that dollar bill. Now imagine you tine travelled a decade ahead of the current time point. The key changes that would happen includes: Dollar bill sitting their just like that but would have lost all its value in 10 years of Timeline. This is because it would face the drama of inflation, economic crisis, governments changing, businesses moving up and down, thus losing the value in terms of inflation. That one dollar bill would never buy you candy stick after ten years because that would cost you let’s say 10 bucks by that time period with % hike adjustments in raw material and shit.

However, look at your phone now, you have those few Satoshi laying around but the Satoshi value changed progressively as the dollar value changed. You still posses few Satoshi but you posses more fiat value and that’s the biggest difference in both of them. If this can’t convince you then nothing will mate.
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May 31, 2023, 12:26:45 PM
 #160

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!
We can't really give you the enlightenment if you are not interested with Bitcoin in the first place. Most of the people come to Bitcoin space are looking for the investment purpose and whilst it's not true for some people but majority of people out there are looking to get money really quick. Ask for yourself and maybe do some research online about why do you even interested in the first place, otherwise we won't tell you anything.

What he said was like he was challenging us, and bitcoin needed him, not he needed bitcoin. You're right, for someone who already knows about bitcoin but doesn't want to learn everything by himself and expect others to enlighten himself, no matter what we say, we won't be able to convince them and just waste our time. Investing is simply for making a profit, and if they don't need to make money, then don't invest, leave that opportunity to others, and never regret when things go up in price and bring profits for others.

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