Can you give one reason why I should buy bitcoin?

[Ndabagi01]

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!

That is something you must decide for yourself, buddy.  If there is a cause for you to accomplish something and you are not satisfied and have doubts about it, it suggests you are not yet ready for the investment. Bitcoin is not new to the the world, and there are many websites, books and publications on it that you can read about in your spare time to learn more about it. You can now invest in bitcoin if you've gone through everything and are satisfied with your research. For the time being, no one can provide you a persuasive reason to do so; we don't do that here.

[kaseygriffin]

The decision to invest in bitcoin or any other asset is ultimately up to you and your circumstances. Do your own thorough research and educate yourself about the risks and benefits; there is a lot of information on the internet. As long as you take the time to learn it, you will not have to worry or wonder about this problem. Don't let others rule because the finances are yours anyway; be comfortable and confident in your decisions with what you know, and also don't forget that you have to take risks with them.

[Z390]

I won't give you one, because it doesn't look like you don't know anything about Bitcoin, I will or can only talk about why I am investing in Bitcoin, I just want to be successful and the hardest part of getting successful with Bitcoin is accumulating the heck out of Bitcoin with the money that you won't be touching for the next two to three years.

The only way to survive this is by making money from your business and also running a side hustle, I am already doing this, and as a successful farmer, I am still making some money through that too to support my family, I won't force anyone to invest in Bitcoin as I have failed to do so in last few months, I am surrounded by those who believe that everything related to crypto and online is scams.

The only way to prove them wrong is to let your crypto success speaks for itself.

[Marvell1]

I won't give you one, because it doesn't look like you don't know anything about Bitcoin, ...

It's confusing that he's so lazy that he can't do his own research because it's all on the internet. Moreover, he doesn't trust his friend, will he believe what we say? And I'm sure that, no matter how detailed we explain it, it can't be more complete and detailed than doing it all yourself.
This makes me feel, he wants to find someone to blame if the investment goes wrong, he doesn't want to bear the responsibility but wants to receive a reward if everything goes well. Not only does he know nothing about bitcoin, but what he says makes it sound like he is a very stubborn and conservative.

[Sayeds56]

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.

You are correct that Bitcoin has several advantages over other traditional  fiat currencies, and one of them being cross border transaction fee which is much lower compared to using traditional banking channels for this purpose. In my view the key advantage of investing in Bitcoin and holding it for long term, is its unmatched returns which is evident from its track record of past 15 years since its inception, despite the fact that it is highly volatile asset.

[Iranus]

- Bitcoin can you  a millionaire if you hold long enough.
.

Are you sure this is true? If you bought bitcoin in 2009 when it wasn't of great value and kept it until now, that is correct. But if you start investing now, I'm not sure, and to become a dollar millionaire, you need to invest a huge amount of money. And if you only invest a few thousand or tens of thousands of dollars in bitcoin, you cannot become a millionaire even if you hold it long enough.

- 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.

I don't think the government is looking to stifle bitcoin, but rather they are looking to control it, but they have a lot of trouble, and I don't think they will succeed. They know its potential and also want to use it at their disposal, they are not going to destroy something with such potential.

[bayu7adi]

Don't let others rule because the finances are yours anyway; be comfortable and confident in your decisions with what you know, and also don't forget that you have to take risks with them.

Indeed, it is true. However, obtaining alternative information from different perspectives might bolster our self-confidence when making decisions, whether to invest or not. Although the risks lie entirely in the hands of the user, others can provide support and information regarding existing opportunities to strengthen our self-assurance.

Even to this day, financial consulting services remain highly sought after by individuals. For each person requires viewpoints from different angles. This world is vast, my friend. So never disregard information from others.

[LittleBitFunny]

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.

You are correct that Bitcoin has several advantages over other traditional  fiat currencies, and one of them being cross border transaction fee which is much lower compared to using traditional banking channels for this purpose. In my view the key advantage of investing in Bitcoin and holding it for long term, is its unmatched returns which is evident from its track record of past 15 years since its inception, despite the fact that it is highly volatile asset.

In addition, we also need to mention that when using bitcoin, it ensures our privacy and helps us to be our own bank without having to depend on anyone. If talking about the utility of bitcoin in life, what I like most is the privacy it brings, I feel safe when my main asset is bitcoin, and only I have access and control.
As for investment, it is true that we will get huge profits if we invest in bitcoin properly. But let's not forget the risks we face if we invest the wrong way or see it as a get-rich-quick strategy.

[ZAINmalik75]

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!

Instead of people to convince you why you shouldn't try by self to go out and do your won research about the work ,speciality and mechanicim of Bitcoin, because when ever you have been convinced by someone and you invest then you will be responsible of any kind of loss or something else not him..

Can you give one reason why I should buy bitcoin

Compared to fiat Bitcoin has a lot of advantages, like it will store your wealth, through Bitcoin you can safely send any big amount with low fees also investment in Bitcoin will give you huge return but the term is to hold it for long term, also your investment will be safe from inflation and any kind of devaluation..

[Dimitri94]

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 it is better to invest in Bitcoin as Bitcoin was first invented in crypto world and it is fully decentralized and all types of altcoins are heavily dependent on Bitcoin. Investing in altcoins is relatively risky. So considering the risk and reliability aspect bitcoin will be the best option. Investing in bitcoins will recover after a long period of time, while investing in altcoins has no guarantee. Considering the above points, one should definitely invest in Bitcoin.

[promisedtech]

The next halving is 2024 that should give you a reason to do that now apply any strategy you know as soon as possible.

As per analysts, the chances for BTC to go on a bullish run are high, and experts believe the value will continue to trend upward in 2024. A rebound back is when BTC

reaches its key support and the prices are expected to touch $40K by the end of 2024.

this should be a good reason

[ItsCrafty]

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 agree with you that buying Bitcoin has become a very good and profitable trade. The result of the Bitcoin platform is also wonderful, which you can analyze well. As far as risk is concerned, whenever you trade in cryptocurrency or any other altcoin, you will have to make your risk analysis mandatory. It would be very good and fruitful for you to be fully capable, learn it first, and then make your entry. I think with Bitcoin and other Altcoins , if you have a lot of capital, you should definitely invest in them. I mean by part investment.

[Lorence.xD]

I won't give you one, because it doesn't look like you don't know anything about Bitcoin, I will or can only talk about why I am investing in Bitcoin, I just want to be successful and the hardest part of getting successful with Bitcoin is accumulating the heck out of Bitcoin with the money that you won't be touching for the next two to three years.

That's actually good to share your experience than convincing him. Since if you can't even convince yourself how would you do well in this industry which rely on your own decisions and knowledge? It would be hard to survive or even profit if you're relying to anyone's opinion then that would be a wrong call. Everyone has their own skills and techniques which doesn't apply to anyone maybe you could gather information which can be used for your own plan. If you're not convince enough just surf the web about Bitcoin.

The only way to survive this is by making money from your business and also running a side hustle, I am already doing this, and as a successful farmer, I am still making some money through that too to support my family, I won't force anyone to invest in Bitcoin as I have failed to do so in last few months, I am surrounded by those who believe that everything related to crypto and online is scams.

The only way to prove them wrong is to let your crypto success speaks for itself.

Well that's a good way to have an extra money for you to invest in crypto industry, there's no doubt that you're good in handling money when you have a lot of sources of money in the first place plus the environment you're in. For me, I used the crypto itself before for me to have an investment here without even using my own money. I created it in here which is still keep going. Maybe someday I'll just prove them wrong with success without even bragging.

[eightdots]

Don't let others rule because the finances are yours anyway; be comfortable and confident in your decisions with what you know, and also don't forget that you have to take risks with them.

Indeed, it is true. However, obtaining alternative information from different perspectives might bolster our self-confidence when making decisions, whether to invest or not. Although the risks lie entirely in the hands of the user, others can provide support and information regarding existing opportunities to strengthen our self-assurance.

Even to this day, financial consulting services remain highly sought after by individuals. For each person requires viewpoints from different angles. This world is vast, my friend. So never disregard information from others.

It is important to learn this information about what other traders are doing or how they are doing it before investing. This allows us to have an idea and learn from others if they have made mistakes. Crypto trading is always risky, but the returns are as high as the risks.

There are things to look out for when learning about how other traders are trading. When did they trade, or what is the difference between when you traded and when they traded? There are limited events in the market that evolve in the same way. We should always be open to innovation. An investment made last month may not be right this month. Or even the amount we invest may change.

So investing is an individual behavior. Investment is realized in line with one's expectations. Remember, acting according to the opinions of others may not always be the right decision. Have your own opinion.

[Timmzzy]

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!

Sorry i can't actually give you any good reason to buy crypto or any asset like BITCOIN you mentioned, because crypto market is not regulated anything can happen, i guess you are aware of many who got stocked at $60k yeah many bought at this price and boom the crash came. i will likely advise you invest what you can afford to LOSS. 

period.....

[blackened515]

I agree with you that buying Bitcoin has become a very good and profitable trade. The result of the Bitcoin platform is also wonderful, which you can analyze well. As far as risk is concerned, whenever you trade in cryptocurrency or any other altcoin, you will have to make your risk analysis mandatory. It would be very good and fruitful for you to be fully capable, learn it first, and then make your entry. I think with Bitcoin and other Altcoins , if you have a lot of capital, you should definitely invest in them. I mean by part investment.

The market doesn't concerned the sizes of our accounts. A profitable trader has alot to do with gems and coins. For instance, gems found on kucoin is basically what made me a profitable trader, I'm acquainted with investing on gems, they usually gives me 30x of my initial capital with no doubt, my favorites are Linkup and linkdown and moreover GMT added to the list. Investing in bitcoin, is absolutely for your own good, we trade base on the entries we noticed in the market.  Although bitcoin is one of the most volatilitized project, it goes up and down and causes panics among investors.

[rikybrosh]

besides the advantage of cryptocurrency you also need to know about how this market works. cryptocurrency is really related with volatility, it will be bad if you don't know about anything and you buy bitcoin at highest price then sell it at lower price because of panic selling. you should analyze what is the factors that make bitcoin price rise, it is your responsibility to know about this. I can only give you an information that highly influence bitcoin price which is halving maybe this site https://buybitcoinworldwide.com/halving/ will help you. there are many factors that influence bitcoin price but i think it is different in every year. only halving that give us certainty.

[kotajikikox]

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 already received thousand reasons mate , so i think there is no need to be confused and no need to wait another moment than wasting time .
buy now mate , Buy many as there is a short period remaining before we reached the top.
halving is near the corner and bull is running close to the market.

[Blitzboy]

`

It is important to learn this information about what other traders are doing or how they are doing it before investing. This allows us to have an idea and learn from others if they have made mistakes. Crypto trading is always risky, but the returns are as high as the risks.

There are things to look out for when learning about how other traders are trading. When did they trade, or what is the difference between when you traded and when they traded? There are limited events in the market that evolve in the same way. We should always be open to innovation. An investment made last month may not be right this month. Or even the amount we invest may change.

So investing is an individual behavior. Investment is realized in line with one's expectations. Remember, acting according to the opinions of others may not always be the right decision. Have your own opinion.

You raise a good point when you say that traders can get insight from the experiences of others. But here's how I see it. Trading cryptocurrencies requires a certain amount of luck. It's a roller coaster of ups and downs that can be equally rewarding or devastating. We'd all be rich if mimicking someone else's success was all it took.

Certainly, timing plays a crucial role in the financial markets. But that's only a small part of a much larger mechanism. When market conditions change even slightly, the results can be very different. Therefore, it may be futile to attempt to imitate another trader's timing.

Investing is a highly individual process. Your investing choices should reflect your personal long-term goals, comfort level with financial risk, and outlook on the market. After all, the cash is yours. You should never let the opinions of others sway your final choice.

[DeathAngel]

You should buy bitcoin to protect yourself from inflation, to preserve your purchasing power. Fiat currencies are crumbling in front of our eyes. Position yourself for the biggest transfer of wealth in hundreds of years. Make sure you’re on the right side of the development & future of money. Do not get left holding fiat bags.