What Inspired Me To Invest In Bitcoin.

[armanda90]

Have many reason or advantage from Bitcoin become inspired for every one hold and invest there, but keep make research before investing in bitcoin not all trues how much profitable later when investing in bitcoin with wrong moment investment. I have solid reason why have investing in Bitcoin because own self controlling with my bitcoin assets and difference with other investment kinds depend on the other when holding it, Bitcoin have inconsistency price and make it interested for scalping and for long term investment Bitcoin an interested assets has potential for raising up more faster than other investment kinds.

Don't forget with bitcoin still have weakness with easily controlling by whales when making FUD, easily for many holder or investor get panic moment for selling their bitcoin assets when publishing with bad news and get impact bitcoin drop drastically although have moment for recovering to the higher price.

[kryptqnick]

Bitcoin transactions are usually slower than bank transactions (not actually because the banks merely block the money on the account, but in practical use) and more expensive, unless it's a very big transaction and/or an international transaction.
The most appealing thing to me is probably #2 of the original post: Bitcoin being independent of authorities and different from the traditional financial system. It's just empowering to have something like that, I guess.

[Rockstarguy]

1. Bitcoin is an asset: Bitcoin is an asset because it can grow from the point of purchase, especially when taken advantage of markets that are falling in orife or have fallen in price to purchase as well as rise in price to sell. With Bitcoin, you can start small and grow big.

The value bitcoin exhibit is one of the things that will always make bitcoin to be very special and because of this features people will always have interest to invest in bitcoin as an asset because it is not like the traditional currency that it value always becomes weak. It is very comfortable to invest in bitcoin, their is no stress to buy or sell. Indeed bitcoin is a good asset that if invested for a longtime their be an increase in value.

Another reason why bitcoin is good as an asset is because of it reliability to overcome serious dip in the market, before now bitcoin went down so dip that many people assumed that will be the end of bitcoin but still bitcoin was able restand the market.

[Nrcewker]

I am sure majority investors invested in Bitcoins because they saw potential in the coin. They know that Bitcoins are fixed in numbers/supply. Hence it is rare coin. Now we have often witnessed from past that, the asset which is limited in number becomes more valuable when more people try to acquire it. Similar things will also happen with the Bitcoins. Hence the people choose to invest in Bitcoins. The thing that inspired them was money.

[reagansimms]

1. Bitcoin is an asset: Bitcoin is an asset because it can grow from the point of purchase, especially when taken advantage of markets that are falling in orife or have fallen in price to purchase as well as rise in price to sell. With Bitcoin, you can start small and grow big.

It cannot be denied that Bitcoin is increasingly sought after by individual investors and several companies are starting to consider Bitcoin as the most profitable asset for the future. Investors will take advantage of the market movement when it is collapsing to get Bitcoin at a cheap price. This strategy is still adopted by most investors to welcome the arrival of the Bull and then sell it at a high price. Their confidence in Bitcoin has been tested since they first learned about Bitcoin, their courage grew even more when Bitcoin's movement some time ago reached a new ATH.

[heslylamba]

The only fact that inspired me to invest my funds in bitcoin is that you manage your own funds yourself, there are no intermediaries. You can do anything with these funds, because you are financially free.

[Japinat]

I am sure majority investors invested in Bitcoins because they saw potential in the coin. They know that Bitcoins are fixed in numbers/supply. Hence it is rare coin. Now we have often witnessed from past that, the asset which is limited in number becomes more valuable when more people try to acquire it. Similar things will also happen with the Bitcoins. Hence the people choose to invest in Bitcoins. The thing that inspired them was money.

Seeing many people have improved their living after investing in Bitcoin, brought attention to me, and started to follow what they are doing. Yes, profit is the main reason why I'm risking and why people are encouraged despite the risk that awaits us. We can't deny the opportunity given to us and of course, no one is able to just ignore it knowing that it changes one's life.

Investing in Bitcoin is just like making a better future that can be shared with the next generation of our family. But all of these become possible if we clearly understand how the market works and are patient enough.

[pixie85]

Bitcoin transactions are usually slower than bank transactions (not actually because the banks merely block the money on the account, but in practical use) and more expensive, unless it's a very big transaction and/or an international transaction.
The most appealing thing to me is probably #2 of the original post: Bitcoin being independent of authorities and different from the traditional financial system. It's just empowering to have something like that, I guess.

When it comes to large transactions a bank will often need days to process them. They can't get you 10 million just like that. They also will not allow you to withdraw large amounts in cash. Many banks will need a couple days to get you a simple 100 thousand and will require you to give them a heads up.

Banks will not process your transaction on Sunday so how is that faster than bitcoin?

It's also cheaper when you send money to a different part of the world where banks don't recognize your local currency and you need to exchange via bank.

[serjent05]

I am sure majority investors invested in Bitcoins because they saw potential in the coin. They know that Bitcoins are fixed in numbers/supply. Hence it is rare coin. Now we have often witnessed from past that, the asset which is limited in number becomes more valuable when more people try to acquire it. Similar things will also happen with the Bitcoins. Hence the people choose to invest in Bitcoins. The thing that inspired them was money.

Seeing many people have improved their living after investing in Bitcoin, brought attention to me, and started to follow what they are doing. Yes, profit is the main reason why I'm risking and why people are encouraged despite the risk that awaits us. We can't deny the opportunity given to us and of course, no one is able to just ignore it knowing that it changes one's life.

Likewise many investors degrade their way of living because of the wrong choices they made while invested in Bitcoin.  Inorder for one person to profit, one must part with their money.  So as much as there are success story in Bitcoin investment, there are also lots of failed story within it.

Investing in Bitcoin is just like making a better future that can be shared with the next generation of our family. But all of these become possible if we clearly understand how the market works and are patient enough.

Dependent on the kind of strategy we use.  Bitcoin nowadays is not as profitable as it was way back in its early years when investors could profit 100 to 1000 times of their investment.  In order to get huge profits in Bitcoin today, also needs a huge capital for investment.  A thousand-dollar investment in Bitcoin cannot elevate the level of status of a person today since Bitcoin can only possibly be 2x to 4x its previous ATH.

[barisbilgili]

I am sure majority investors invested in Bitcoins because they saw potential in the coin. They know that Bitcoins are fixed in numbers/supply. Hence it is rare coin. Now we have often witnessed from past that, the asset which is limited in number becomes more valuable when more people try to acquire it. Similar things will also happen with the Bitcoins. Hence the people choose to invest in Bitcoins. The thing that inspired them was money.

Seeing many people have improved their living after investing in Bitcoin, brought attention to me, and started to follow what they are doing. Yes, profit is the main reason why I'm risking and why people are encouraged despite the risk that awaits us. We can't deny the opportunity given to us and of course, no one is able to just ignore it knowing that it changes one's life.

Investing in Bitcoin is just like making a better future that can be shared with the next generation of our family. But all of these become possible if we clearly understand how the market works and are patient enough.

Most people who want to start investing in bitcoin actually see people who have been able to improve their standard of living through the investment they make in bitcoin, but every profit certainly has a high risk so we need to really understand it well before we try to start. Inviting families to invest in bitcoin is a very good thing but we have to tell them that this is a very risky investment and we have to guide them well so they can understand about this investment.

[Blitzboy]

1. Bitcoin is an asset: Bitcoin is an asset because it can grow from the point of purchase, especially when taken advantage of markets that are falling in orife or have fallen in price to purchase as well as rise in price to sell. With Bitcoin, you can start small and grow big.

The value bitcoin exhibit is one of the things that will always make bitcoin to be very special and because of this features people will always have interest to invest in bitcoin as an asset because it is not like the traditional currency that it value always becomes weak. It is very comfortable to invest in bitcoin, their is no stress to buy or sell. Indeed bitcoin is a good asset that if invested for a longtime their be an increase in value.

Another reason why bitcoin is good as an asset is because of it reliability to overcome serious dip in the market, before now bitcoin went down so dip that many people assumed that will be the end of bitcoin but still bitcoin was able restand the market.

While it might seem stress-free and straightforward, the technical aspects of handling and securing Bitcoin investments might pose a challenge for non-tech-savvy investors.

While it is impressive that Bitcoin has held its own against other cryptocurrency platforms, this does not imply inherent superiority. Just because it has recovered from setbacks in the past does not mean that it will do so in the future. Prior to making any kind of investment, we should always be well-informed and weigh all sides. The notion of diversification in investment remains a basic aspect of prudent investing, even with Bitcoin's potential for long-term value growth.

[Twentyonepaylots]

I am sure majority investors invested in Bitcoins because they saw potential in the coin. They know that Bitcoins are fixed in numbers/supply. Hence it is rare coin. Now we have often witnessed from past that, the asset which is limited in number becomes more valuable when more people try to acquire it. Similar things will also happen with the Bitcoins. Hence the people choose to invest in Bitcoins. The thing that inspired them was money.

Seeing many people have improved their living after investing in Bitcoin, brought attention to me, and started to follow what they are doing. Yes, profit is the main reason why I'm risking and why people are encouraged despite the risk that awaits us. We can't deny the opportunity given to us and of course, no one is able to just ignore it knowing that it changes one's life.

Likewise many investors degrade their way of living because of the wrong choices they made while invested in Bitcoin.  Inorder for one person to profit, one must part with their money.  So as much as there are success story in Bitcoin investment, there are also lots of failed story within it.

This is the fundamental, isn't it? I know there are as many success stories as failed stories with investing. While one cries, the other celebrates. That's the beauty of it, some may think that going in with cryptocurrencies is such as a smart move to make money but in reality it's a heck of maze where everyone wants to take profit, it's a wide chess board. The first thing that inspired to take a step into bitcoin is its uniqueness back then, the feeling of a tech-smart guy with his money injected into the internet, that's very cool right? 

Investing in Bitcoin is just like making a better future that can be shared with the next generation of our family. But all of these become possible if we clearly understand how the market works and are patient enough.

Dependent on the kind of strategy we use.  Bitcoin nowadays is not as profitable as it was way back in its early years when investors could profit 100 to 1000 times of their investment.  In order to get huge profits in Bitcoin today, also needs a huge capital for investment.  A thousand-dollar investment in Bitcoin cannot elevate the level of status of a person today since Bitcoin can only possibly be 2x to 4x its previous ATH.

Bitcoin became an asset, on its whitepaper it should be a currency, but with its volatility and hype it became a valuable asset for many of us. I agree bitcoin is not as profitable as it is way back then, and it is mainly because we don't use it for its purpose, we do it for money.

[Eternad]

Inviting families to invest in bitcoin is a very good thing but we have to tell them that this is a very risky investment and we have to guide them well so they can understand about this investment.

Inviting family to invest with Bitcoin is the worst idea for me because you might be blame when they lose even if you provide full disclosure before they will invest. You are the one who will introduce this to them without them asking for it so there’s a chance of blaming game once they loss since they are not supposed to invest on this if you didn’t invite them.

This is base on my experience on inviting relatives. It’s better to only teach person that ask for it i stead of inviting person that doesn’t have the initial interest for Bitcoin investment. Maybe just gift them some Bitcoin so that they will research for it by themselves since they will become curious on what you gift to them.

[Asuspawer09]

People are inspired by different things all over the world. Some are inspired by cultures, nature's beauty, situations, individuals, etc.  if the feeling to do something isn't gotten correctly, the expected results may not be gotten, hence leaving such a person in disappointment and frustration.
Here are some tips on why I invested in Bitcoin.

1. Bitcoin is an asset: Bitcoin is an asset because it can grow from the point of purchase, especially when taken advantage of markets that are falling in orife or have fallen in price to purchase as well as rise in price to sell. With Bitcoin, you can start small and grow big.

2. Investors like bitcoin because it's different from the traditional financial system that's controlled and regulated by the government of such a country. With bitcoin and crypto in general, transactions are outside the control of anyone, entity, organization, or person.

3. Transaction is fast; bitcoin gives every user the luxury or pleasure of speed in transactions. Hence, network hiccups are almost eliminated when transacting with bitcoin.

4. In the crypto world, bitcoin is the most dominant with a proven track record of growth, stability, and security, and it boasts of high liquidity compared to other cryptocurrencies.

Bitcoin is revolutionizing the financial market, making it the economy of the future you too can take a bold step to invest in Bitcoin if you haven't invested.

When I first discovered Bitcoin it was really a new thing for most people probably there were only a few people in my country who believed in Bitcoin at that time so its really difficult to trust cryptocurrency since there was no kind of proof at that time that it is a reliable investment, but still because of this forum I really learned a lot and it really the thing that makes me invest on it and continue to invest.

It's really a good thing since we could do DCA on cryptocurrency allowing us to invest probably just a small amount and over we could make our way on our investment accumulating Bitcoin over so that in the end we are able to accumulate a big amount of Bitcoin and able to sell it on the Bullrun.

I mean Bitcoin transactions weren't really that fast and at the same time to included a fee that sometimes increases big time, I think it is one of the things that most investors don't like about Bitcoin. But still, even though it is a very risky investment it is still a good investment especially if you want to fight inflation, and possibly earn a good amount of money if you already know what you doing.

I think Bitcoin is going to be the future, we can already see how the cryptocurrency and Bitcoin adapt all over the globe, and it is for sure going to have a big value in the future, so with its limited supply its already a good thing in my opinion to accumulate while Bitcoin is still in a fair price.

[Marykeller]

Your stated reasons for investing in bitcoin are commendable, to begin with, and most of us were inspired by one or two factors similar to yours.

The ability to use bitcoin as a store of value for future purposes, financial freedom, anonymous and fast transactions, and no third-party control or surveillance of how my crypto money is being used, unlike the traditional financial system (bank), are the reasons that got me inspired to invest in bitcoin mostly.

[ChiBitCTy]

People are inspired by different things all over the world. Some are inspired by cultures, nature's beauty, situations, individuals, etc.  if the feeling to do something isn't gotten correctly, the expected results may not be gotten, hence leaving such a person in disappointment and frustration.
Here are some tips on why I invested in Bitcoin.

1. Bitcoin is an asset: Bitcoin is an asset because it can grow from the point of purchase, especially when taken advantage of markets that are falling in orife or have fallen in price to purchase as well as rise in price to sell. With Bitcoin, you can start small and grow big.

2. Investors like bitcoin because it's different from the traditional financial system that's controlled and regulated by the government of such a country. With bitcoin and crypto in general, transactions are outside the control of anyone, entity, organization, or person.

3. Transaction is fast; bitcoin gives every user the luxury or pleasure of speed in transactions. Hence, network hiccups are almost eliminated when transacting with bitcoin.

4. In the crypto world, bitcoin is the most dominant with a proven track record of growth, stability, and security, and it boasts of high liquidity compared to other cryptocurrencies.

Bitcoin is revolutionizing the financial market, making it the economy of the future you too can take a bold step to invest in Bitcoin if you haven't invested.

I was not surprised to see your first reason being something having to do with "profits" but I am happy to see you mentioning other great/important things about bitcoin.  Things that make bitcoin special..all the things that made me want to "invest" in bitcoin.  It's always been so much more than an asset to me, and I hope others continue to see past that aspect.

[goldkingcoiner]

People are inspired by different things all over the world. Some are inspired by cultures, nature's beauty, situations, individuals, etc.  if the feeling to do something isn't gotten correctly, the expected results may not be gotten, hence leaving such a person in disappointment and frustration.
Here are some tips on why I invested in Bitcoin.

1. Bitcoin is an asset: Bitcoin is an asset because it can grow from the point of purchase, especially when taken advantage of markets that are falling in orife or have fallen in price to purchase as well as rise in price to sell. With Bitcoin, you can start small and grow big.

2. Investors like bitcoin because it's different from the traditional financial system that's controlled and regulated by the government of such a country. With bitcoin and crypto in general, transactions are outside the control of anyone, entity, organization, or person.

3. Transaction is fast; bitcoin gives every user the luxury or pleasure of speed in transactions. Hence, network hiccups are almost eliminated when transacting with bitcoin.

4. In the crypto world, bitcoin is the most dominant with a proven track record of growth, stability, and security, and it boasts of high liquidity compared to other cryptocurrencies.

Bitcoin is revolutionizing the financial market, making it the economy of the future you too can take a bold step to invest in Bitcoin if you haven't invested.

The longer that you stay with Bitcoin as an investor, the more you research about Bitcoin and the future potentials of a Bitcoin cryptocurrency as legal tender all over the world. We already have passed the milestone of entire countries adopting it legally, next is the world. Sure, it might take a while but nothing outside our lifetime, that is for sure. Hope you keep staying along with us for the journey.

[bocyaj]

From the origin,the bitcoin was the one of the cryptocurrency which always had the demand in the market.After the decade,the bitcoin price was increased to the maximum of 68k dollars only by the demand of the bitcoin price.The variation in the price give us the opportunity to earn some dollars.The important thing is buy the bitcoin at the bear market will give you additional dollars as compared to buy at the bull run.The bitcoin will get the halves in 2024,So the new all time in the short period.

[BVeyron]

People are inspired by different things all over the world. Some are inspired by cultures, nature's beauty, situations, individuals, etc.  if the feeling to do something isn't gotten correctly, the expected results may not be gotten, hence leaving such a person in disappointment and frustration.
Here are some tips on why I invested in Bitcoin.

1. Bitcoin is an asset: Bitcoin is an asset because it can grow from the point of purchase, especially when taken advantage of markets that are falling in orife or have fallen in price to purchase as well as rise in price to sell. With Bitcoin, you can start small and grow big.

2. Investors like bitcoin because it's different from the traditional financial system that's controlled and regulated by the government of such a country. With bitcoin and crypto in general, transactions are outside the control of anyone, entity, organization, or person.

3. Transaction is fast; bitcoin gives every user the luxury or pleasure of speed in transactions. Hence, network hiccups are almost eliminated when transacting with bitcoin.

4. In the crypto world, bitcoin is the most dominant with a proven track record of growth, stability, and security, and it boasts of high liquidity compared to other cryptocurrencies.

Bitcoin is revolutionizing the financial market, making it the economy of the future you too can take a bold step to invest in Bitcoin if you haven't invested.

Cryptocrrency is a brand new interesting fintech solution, so I think that it's useful to have some crypto. As for investments, I think that the best investment strategy in crypto is long-term hodling. Prices fluctuate heavily, so it's quite hard to get some profit out of short-term trading. Cryptotrading is actually a gambling, however cryptohodling is indeed a good decision. As for usage of crypto instead of money, I suppose that adoption level won't be so high that we will be able to use crypto for any purchase we want (there is still lack of overall mining power), so the only purpose of crypto is the asset of long-term hodling...

[BitcoinPanther]

Cryptocrrency is a brand new interesting fintech solution, so I think that it's useful to have some crypto. As for investments, I think that the best investment strategy in crypto is long-term hodling. Prices fluctuate heavily, so it's quite hard to get some profit out of short-term trading.

Long term holding is good for BTC investment but for cryptocurrency as a whole, I don't think it is a one solution fits all since there are lots of cryptocurrency that are now dead and worthless.  If we apply your suggestion then most probably many have lost huge amount of capital by doing long-term holding in these kinds of cryptocurrency.  It is best to identify first the kind of cryptocurrency we are investing to avoid losses.

Cryptotrading is actually a gambling, however cryptohodling is indeed a good decision.

I disagree, crypto trading in its own term is not a gambling.  It only became a gamble when the person do not know what he is doing, actually if a person don't know what he is doing, it is not called trading but gambling.

As for usage of crypto instead of money, I suppose that adoption level won't be so high that we will be able to use crypto for any purchase we want (there is still lack of overall mining power), so the only purpose of crypto is the asset of long-term hodling...

It is true that real life use case of cryptocurrency is still limited but I disagree that it is due to lack of mining power.  It is due to lack of merchant adoption.