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Author Topic: Can you give one reason why I should buy bitcoin?  (Read 1179 times)
shivansps
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May 31, 2023, 07:03:23 PM
 #161

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!


So, you don't need someone to convince you to buy or not to buy Bitcoin
There are many information online about Bitcoin.

You need to analyze situation and take your own decision. There are many reasons to buy bitcoin. You should to know for what you want it(increase your income and future financial freedom, invest money for not to keep at home or in the bank or you want to have a currency without inflation in the future etc.)
If you want to invest - analyze, think about and be patient
If you aren't ready - forget about it. It's up to you


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May 31, 2023, 08:26:04 PM
 #162

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!


So, you don't need someone to convince you to buy or not to buy Bitcoin
There are many information online about Bitcoin.

You need to analyze situation and take your own decision. There are many reasons to buy bitcoin. You should to know for what you want it(increase your income and future financial freedom, invest money for not to keep at home or in the bank or you want to have a currency without inflation in the future etc.)
If you want to invest - analyze, think about and be patient
If you aren't ready - forget about it. It's up to you

If op is looking for someone that will convince him why he should  buy bitcoin,  that means he is not ready to get enlightened. The Internet is enough  to get first hand information about bitcoin if he really wants to know the real benefits of bitcoin. It seems he was not satisfied with the introduction given to him.  A proper research will give one a good reason to invest in bitcoin and in the proper way, investing in Bitcoin needs  good understanding and it is not an investment to become rich quick but an investment to help people financially free.

R


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May 31, 2023, 09:33:39 PM
 #163

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 know if you want to be convinced of bitcoin you should not look for others to convince you, that is wrong in my opinion. As far as I know, all those who invested in bitcoin are because they themselves or the investors themselves are convinced of the concept of bitcoin that it has.

       Because it's not healthy to see that other people have to convince you to invest in bitcoin, because it will only appear in the end that you didn't even understand what the deep beauty of bitcoin is. The initiative to invest in bitcoin should come from you, not someone else.



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May 31, 2023, 09:51:07 PM
 #164


If op is looking for someone that will convince him why he should  buy bitcoin,  that means he is not ready to get enlightened. The Internet is enough  to get first hand information about bitcoin if he really wants to know the real benefits of bitcoin. It seems he was not satisfied with the introduction given to him.  A proper research will give one a good reason to invest in bitcoin and in the proper way, investing in Bitcoin needs  good understanding and it is not an investment to become rich quick but an investment to help people financially free.
I agree with this. I think instead of convincing myself just because I see the opinions of other people, especially the opinions of the community here, who incidentally are bitcoin lovers, it's better to find out for yourself what he wants with research and new learning.
Even though it is indeed a good thing to ask here, but will you really be sure when you are told that this is an asset worth investing in?
The most difficult thing is convincing others and indeed when other people are convinced it is like a hope for them so that we can help continuously so that what they want is achieved.
Learn from the start whether this is feasible or not and when you are sure of the choices you have made then I don't think there is a need for questions like this.

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May 31, 2023, 10:41:27 PM
 #165

You should know that investing in Bitcoin is a decision based on your own beliefs and understanding. While seeking information and opinions from others can be valuable in reaching different points of view, conduct independent research and develop your own understanding of Bitcoin before making any investment decisions. So it's best to find out for yourself on the internet because convincing someone with a point of view is really difficult with everyone's thoughts being different.

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June 01, 2023, 04:28:41 AM
Last edit: June 01, 2023, 04:54:11 AM by landheer
 #166

You should know that investing in Bitcoin is a decision based on your own beliefs and understanding. While seeking information and opinions from others can be valuable in reaching different points of view, conduct independent research and develop your own understanding of Bitcoin before making any investment decisions. So it's best to find out for yourself on the internet because convincing someone with a point of view is really difficult with everyone's thoughts being different.


yes, that's right, I agree with your opinion, and in my opinion it would be even better if the op did his own research and research, because investing in bitcoin is not an easy matter, sometimes I personally still need to learn to become a good BTC Investor, op of course has done a good thing because op dared to ask in this forum, hope op gets enlightened from all of our answers.
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June 01, 2023, 04:43:44 AM
 #167

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!

from that 7 pages of answers maybe there are more than enough answers you can take to decide buying bitcoin because if not then surely you know nothing about what you are entering here .
mate Bitcoin is the safest and the most valuable coin you can purchase all your life and this is what also can make you satisfied or at least your children in future.
so don't hesitate buying now mate,









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June 01, 2023, 02:42:46 PM
 #168

if you invested bitcoin since 2018 you can now x x your assets many times . Opportunities come often unclear, in my opinion we should be greedy when people are scared, and let's have faith in bitcoin in the future

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June 01, 2023, 05:05:16 PM
 #169

Bitcoin in particular has attracted attention due to its deflationary and censorship-resistant properties, leading proponents to describe it as "digital gold.".If you’re interested in buying Bitcoin, you should consider the risks and benefits of investing in this asset class.

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June 01, 2023, 08:21:44 PM
 #170

What do you want to do with bitcoin? You need to ask this question to yourself!
  • Do you want financial freedom?
  • Do you need somewhere to invest?
  • Do you want an alternative of banks?
  • Do you want a retirement plan?
  • Do you want to hodl something to get a profit from it for a long run?

Well, Bitcoin is capable of doing all of these. So what do YOU want, that's the question. Because from person to person, the choice could vary.
No one can tell you to do something in this situation. Although Bitcoin can give you what I mentioned earlier, but it also contains risks. So no one will come forward to give you a reason. It's totally up to you. All I can do is suggest you to do some more research and make a mindset based on that. When you know the details, you will figure it out on your own.
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June 02, 2023, 08:34:04 AM
 #171

That is true about Bitcoin investment to be a wealth transfered. To be rich is sure for Bitcoin investment, but not to be rich quick business, because have to give it time after investment at least a minimum of three to five (3-5) years holding of Bitcoin can make a story change. And that is a good reason why you need to buy Bitcoin and hold for Long period of time for a huge return investment profits.

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June 02, 2023, 09:42:15 AM
 #172

I don't think anyone should try to convince you or anyone else to buy Bitcoin. Do you have thoughts about it? Great, now you can do a research and decide it for yourself, not because some strangers on the internet told you to do or not to do that.
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June 02, 2023, 12:25:43 PM
 #173

You should have at least a fraction of your wealth in bitcoins because you cannot always rely on your other assets when calamity or some disaster will occur. Not only that, but you also need to have bitcoins in order to experience full privacy and ownership of your money without relying on any third party who is keeping your money and they have the option to disable your withdrawal like what we have seen in the recent occurrence when Afghanistan has closed their banks due to some conflicts and denied their withdrawal for all of their clients. This could also happen to us without any doubt to be ready and have alternative solutions, you can always choose bitcoins for that.

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June 02, 2023, 12:49:06 PM
 #174


You should have at least a fraction of your wealth in bitcoins because you cannot always rely on your other assets when calamity or some disaster will occur. Not only that, but you also need to have bitcoins in order to experience full privacy and ownership of your money without relying on any third party who is keeping your money and they have the option to disable your withdrawal like what we have seen in the recent occurrence when Afghanistan has closed their banks due to some conflicts and denied their withdrawal for all of their clients. This could also happen to us without any doubt to be ready and have alternative solutions, you can always choose bitcoins for that.


I do agree with your opinion. Additionally I want to say that , one reason to buy Bitcoin is its potential in the market, and it has a hedge against inflation. In these 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 regarding market trends.. Governments, significant businesses, and financial institutions have all expressed interest in blockchain technology and bitcoin. The increasing acceptance of Bitcoin by the general public and its use in numerous industries are both possible outcomes of this growing adoption.

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June 02, 2023, 02:25:48 PM
 #175


You should have at least a fraction of your wealth in bitcoins because you cannot always rely on your other assets when calamity or some disaster will occur. Not only that, but you also need to have bitcoins in order to experience full privacy and ownership of your money without relying on any third party who is keeping your money and they have the option to disable your withdrawal like what we have seen in the recent occurrence when Afghanistan has closed their banks due to some conflicts and denied their withdrawal for all of their clients. This could also happen to us without any doubt to be ready and have alternative solutions, you can always choose bitcoins for that.


I do agree with your opinion. Additionally I want to say that , one reason to buy Bitcoin is its potential in the market, and it has a hedge against inflation. In these 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.
Bitcoin does not hold the same value, being even more volatile than traditional assets. With a limited supply, bitcoin was once considered the most effective hedge against inflation we have ever had. But due to its volatility, it did not really play an effective anti-inflationary role during this crisis. In my opinion, it only works when we hold it for the long term, but the short time cannot be compared with gold in fighting inflation.


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 regarding market trends.. Governments, significant businesses, and financial institutions have all expressed interest in blockchain technology and bitcoin. The increasing acceptance of Bitcoin by the general public and its use in numerous industries are both possible outcomes of this growing adoption.
If it is already a high-risk asset, it is more suitable for speculation than a safe haven or a hedge against inflation.
I don't see governments interested in bitcoin, but I do agree that demand for bitcoin is growing over time. The need for investment and privacy... makes people increasingly interested in bitcoin.

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June 02, 2023, 02:34:41 PM
 #176

Actually, it's not just people here, but you can find those reasons through many articles, pages, news sites with a few keywords accompanied by a google search. I won't recommend how to invest in it, but if you are interested in bitcoin as well as the industry then before you look at the profit target I would like to suggest to you to learn about this market first, can look to the features that this space is addressing for the economic finance sector. And what has been the special case of bitcoin since its inception to the present? Do your own research and give your own perspective, and most importantly, keep yourself optimistic in the process of learning and appreciating all knowledge.

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June 02, 2023, 03:12:26 PM
 #177

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!

If you don't trust your friend,
How do you expect to trust me or any other total stranger over here? Whatever the case might be, you don't actually need people to tell you things just to get you convinced to invest in bitcoin but rather you should  try to do some personal research  on the web and gather more information  about it since you want to get convinced before investing and mind you, bitcoin  is a very volatile  asset and at such,  nothinh is guaranteed and just as your friend has also promised that you can .amen some good return  if done properly and if not done well, you might be faced with losses.
Whatever the case might be, I want to implore you that you should focus more acquire more knowledge  than wanting to rapidly make money.
Goodluck

R


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June 02, 2023, 03:47:51 PM
 #178

I want better ideas and  enlightenment on why I should buy bitcoin.I need help please!

Why you should buy Bitcoin? Here you go:
- Bitcoin can you  a millionaire if you hold long enough.
- Bitcoin equals freedom. You are free to own your money/ wealth and be in charge of it. It is like being the chief security officer of your money.
- The government knows its potential and is trying all they can to crush it. Remember that when the government tells you not to do or buy anything, do not believe them.
- it has more real life use cases than any financial instrument in the world.
- it is cool to invest in Bitcoin.

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June 02, 2023, 05:26:28 PM
 #179

~~~
Why you should buy Bitcoin? Here you go:
- Bitcoin can you  a millionaire if you hold long enough.
- Bitcoin equals freedom. You are free to own your money/ wealth and be in charge of it. It is like being the chief security officer of your money.
- The government knows its potential and is trying all they can to crush it. Remember that when the government tells you not to do or buy anything, do not believe them.
- it has more real life use cases than any financial instrument in the world.
- it is cool to invest in Bitcoin.
Of course there are many advantages of bitcoin over fiat, but it has a different purpose to buy bitcoin. Some people only use it as a payment alternative, while others make it an investment and trading asset. Simply put bitcoin is a great currency or investment asset, not just fiat and other investment assets where decentralization is one of the things that makes user feel like he has bank in his hands.

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June 02, 2023, 05:38:11 PM
 #180

You should educate yourself about the technology, market dynamics, and potential risks involved. There are many different resources available online, such as reputable crypto sites, white papers, academic research, and financial news outlets, that can provide valuable insights. Participating in cryptocurrency-specific online communities and forums can also help you learn from experienced investors and participate in industry discussions. Also remember that investing is always risky, and it is essential to only invest what you can afford to lose. Good luck finding a good answer, and I hope you find the information and resources you need to make an informed investment decision.
He only wants to know why he should buy Bitcoin. If he is thinking of buying bitcoins then he will know about these things before buying bitcoins later. 

OP There are many reasons to buy bitcoins like bitcoins will give you financial freedom, buying bitcoins will make you a good investment field, buying bitcoins will save money as well as have the potential to grow money. There are many other reasons to buy Bitcoin. When you buy bitcoins you will be aware of the advantages of bitcoins periodically. If OP wants to buy bitcoins I don't think he should have any specific reason behind this purchase. Because there are many advantages of buying Bitcoin.

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