What is bitcoin for you?

[amihada]

Many people's goal for Bitcoin is for investment. For me, Bitcoin is like gold, but Bitcoin cannot be held physically. Saving Bitcoin like saving gold can be used for the future.

[FinePoine0]

Give me your best answers, videos, urls, stories, anything

for me it is the history, people connected to it, the community and everything surrounding it.

Where you are is the best place to gather knowledge, but let us know how we can help you. You will never be able to learn about Bitcoin through links and videos alone. There are senior brothers here notice their posts and you follow them, surely you can roam around this forum like Free Bird and surely gain maximum learning by observing the posts of senior brothers. The more effort you put into your education, the more you can improve because you can find advice from people all over the world through this forum.

[boty]

Bitcoin is an investment for me. It is an asset through which I shall make profit after holding my Bitcoin for a long period of time. Bitcoin is an investment to so many people and not only me.

It’s good that you perceive Bitcoin as an excellent investment for a long period and if you hold Bitcoin for at least 4 years, then in any case it will bring you great profits. But you should also consider other features and benefits of cryptocurrency, and the first is financial independence. In today's world, it is very important to control your assets yourself, without government interference.

Making Bitcoin a long-term investment will of course be very profitable for us if we can collect it well and in the process of collecting Bitcoin, everyone has a different way, there are those who collect it all at once during a downturn and they hold it for the long term and there are also those who collect it regularly using Their DCA method continues to collect and of course this will be useful when there is an increase and we will be able to get a profit from the investment we make.

[wxxyrqa]

It’s good that you perceive Bitcoin as an excellent investment for a long period and if you hold Bitcoin for at least 4 years, then in any case it will bring you great profits. But you should also consider other features and benefits of cryptocurrency, and the first is financial independence. In today's world, it is very important to control your assets yourself, without government interference.

Making Bitcoin a long-term investment will of course be very profitable for us if we can collect it well and in the process of collecting Bitcoin, everyone has a different way, there are those who collect it all at once during a downturn and they hold it for the long term and there are also those who collect it regularly using Their DCA method continues to collect and of course this will be useful when there is an increase and we will be able to get a profit from the investment we make.

If you buy Bitcoin for many years, this does not mean that you will not be able to make a profit during this period. If you collect Bitcoin and plan to hold it for approximately 10 years, then During this period, you will be able to increase your portfolio at least 4 times by selling at a higher price and buying at a low price. Based on historical indicators, this is real and people do it all the time.

[leonair]

Many people's goal for Bitcoin is for investment. For me, Bitcoin is like gold, but Bitcoin cannot be held physically. Saving Bitcoin like saving gold can be used for the future.

Bitcoin is the best place for many people to invest. Investing in Bitcoin means you have a bright future ahead of you and hope for an excellent fit, so everyone is interested in investing in the currency. Investing in Bitcoin means you save money. Yes, indeed, Bitcoin cannot be physically held or something to keep it. We invest but do not to hold it. We generally invest for profit. We pick it up when we need it and meet the needs of our daily life. Saving money means you can spend from here to meet your needs in the future and live a little better. Investing in Bitcoin will hopefully lead to good things ahead.

[AnonBitCoiner]

Many people's goal for Bitcoin is for investment. For me, Bitcoin is like gold, but Bitcoin cannot be held physically. Saving Bitcoin like saving gold can be used for the future.

The majority of individuals are considering Bitcoin as a source of investment and very few will use it as a currency therefore the main goal of bitcoin investors is to hold Bitcoin until it gives them huge profit in the form of money.  People are holding Bitcoin in order to make their future bright because they know that as it was lower in value in past and now it has been elevated so the future will be more shiner than this.

Bitcoin cannot be held physically but it is more secure than a physical asset so I think we should work according to our plans in order to be a successful individual with the help of Bitcoin investment.

[SATWAT]

Many people's goal for Bitcoin is for investment. For me, Bitcoin is like gold, but Bitcoin cannot be held physically. Saving Bitcoin like saving gold can be used for the future.

As everyone is having his own view about this I am feeling really exciting when I have talked about this subject because this is life changer for them with I never thought I can achieve many things in life but just because of this all has happened, and now I am having much better than my expectations which is really amazing for me with I can say dream came true.
Before this many restrictions and problems which I was thinking to do few things in my life but as I have jumped into this now I am doing freely and without any problem which is really exciting, and now I believe I can do as much I can.

[Zoomic]

No matter what you think bitcoin is to you, know that Bitcoin will never make you rich overnight, it can even make you very poor if you're not lucky.
Do not quit your job because of your investments in bitcoin
Do not quit your business or trade...
Do not stop whatever you are earning from.
Bitcoin investment can no doubt make you rich but it is also subject to price volatility which can make you lose your investment. You need to exercise patience and be committed so your investments will yield good returns. If you have no other backup source of income, you might be tempted to fall back to your investment capital which is not good for any investment.

[heslylamba]

For me, Bitcoin symbolizes freedom: the chance to take full responsibility for my life and finances. It has profoundly transformed my perspective on money and global events.

[Furious 7]

If you buy Bitcoin for many years, this does not mean that you will not be able to make a profit during this period. If you collect Bitcoin and plan to hold it for approximately 10 years, then During this period, you will be able to increase your portfolio at least 4 times by selling at a higher price and buying at a low price. Based on historical indicators, this is real and people do it all the time.

But in the end this is not part of investment anymore but rather leads to trading because after all, investing within a certain period of time indirectly implies that we will invest for a long duration and we must be prepared to hold for the duration of time that we make as our goal.
When you say you invest but always sell when the price is high enough and buy it back when conditions are crashing in the near future then it is not investment but trading.

Although it's okay to do that because it's not wrong to do that, I think it's still not an investment so it's quite wrong if we say we're investing but buying and selling when we haven't reached the time period. Unless the concept is to buy on the dip and wait until the duration of time as you said (for example 10 years) I still consider it an investment but when buying the dip and selling it when the price is felt to rise it is not an investment.

[amihada]

Many people's goal for Bitcoin is for investment. For me, Bitcoin is like gold, but Bitcoin cannot be held physically. Saving Bitcoin like saving gold can be used for the future.

The majority of individuals are considering Bitcoin as a source of investment and very few will use it as a currency therefore the main goal of bitcoin investors is to hold Bitcoin until it gives them huge profit in the form of money.  People are holding Bitcoin in order to make their future bright because they know that as it was lower in value in past and now it has been elevated so the future will be more shiner than this.

Bitcoin cannot be held physically but it is more secure than a physical asset so I think we should work according to our plans in order to be a successful individual with the help of Bitcoin investment.

it is clear and obvious that bitcoin is a very valuable asset, our job is just to hold it, don't panic when there are negative issues about bitcoin because many whales spread news to make us panic, so be mature in holding bitcoin, you will be a successful person in the future .

[Wonder Work]

Bitcoin for me is like digital gold.

Bitcoin seems like gold to you because it is the coin that everything depends on. Bitcoin's future will be very good, and it will surpass $100000 in 2024 itself. If you can afford it, start investing little by little.

For me, Bitcoin symbolizes freedom: the chance to take full responsibility for my life and finances. It has profoundly transformed my perspective on money and global events.

Bitcoin is a symbol of freedom in the world of hot currency because it is a kind of love work.

[Solokan]

For me of course Bitcoin has many benefits and for me personally Bitcoin is a valuable asset which of course will have good potential for the future. yes, the point is that by investing in bitcoin I get a profit and of course by investing in btc of course if it is for the long term there will be no potential for inflation because the supply of btc is limited and the number of interested people is large and also there will be no one to regulate us and I'm sure most people do too investing in bitcoin is to make a profit. because of course if there are no benefits, people will definitely not be interested in investing in BTC or using BTC.

but of course some people in this world feel the benefits of bitcoin because in their country btc is used as a legal means of payment, such as in El Salvador, yes, for me personally it is only an investment because in my country the government prohibits people from using btc as a means of payment But of course I feel that there are many more benefits that BTC provides for me.

[Xcode7]

it is clear and obvious that bitcoin is a very valuable asset, our job is just to hold it, don't panic when there are negative issues about bitcoin because many whales spread news to make us panic, so be mature in holding bitcoin, you will be a successful person in the future .

It is difficult to put faith in Bitcoin but if we are able to do so then there will be success or huge profits waiting in the future.
Bitcoin has proven that it is a valuable asset for the future since a long time ago, the price of Bitcoin has continued to soar high even though there have been price corrections, so this is also likely to apply to the future as well.
So it is clear that Bitcoin will be quite useful for the future for investment.

[SickDayIn]

Bitcoin is freedom.

Freedom from the system that controls us. Power back to the people. Finite supply, the rules don't change, no printing. It's a fair game.

[Tamaperdana]

There are many positive things that I can feel after bitcoin exists. One of them, after Bitcoin existed, this forum was created by Satoshi, and I became a member of this forum. Honestly, after I got to know this forum, I got a lot of insight from the members on this forum. Such as investment, crypto, economics and many other things. Apart from that, it cannot be denied that after Bitcoin existed, many coins or altcoins were born. From there I can also earn quite a lot of income. And bitcoin also gives me a new philosophy for my life, especially regarding finances. Because after I deepened my knowledge a little about Bitcoin, I finally understood that the systems that apply in the financial sector today are not free from manipulation and games. Because bitcoin was born as the opposite of this bad system. Because bitcoin is decentralized, has a very transparent transaction system because it can be seen on the blockchain, and also bitcoin has the advantage of being very immune to inflation. So in my opinion this is the positive impact or good impact of bitcoin.

[wxxyrqa]

If you buy Bitcoin for many years, this does not mean that you will not be able to make a profit during this period. If you collect Bitcoin and plan to hold it for approximately 10 years, then During this period, you will be able to increase your portfolio at least 4 times by selling at a higher price and buying at a low price. Based on historical indicators, this is real and people do it all the time.

But in the end this is not part of investment anymore but rather leads to trading because after all, investing within a certain period of time indirectly implies that we will invest for a long duration and we must be prepared to hold for the duration of time that we make as our goal.
When you say you invest but always sell when the price is high enough and buy it back when conditions are crashing in the near future then it is not investment but trading.

Although it's okay to do that because it's not wrong to do that, I think it's still not an investment so it's quite wrong if we say we're investing but buying and selling when we haven't reached the time period. Unless the concept is to buy on the dip and wait until the duration of time as you said (for example 10 years) I still consider it an investment but when buying the dip and selling it when the price is felt to rise it is not an investment.

The April 2024 Bitcoin halving represents a unique investment opportunity, backed by historical price increases and supply contraction.  With predictions of significant price increases and a more mature market, now may be the right time to add Bitcoin to your investment portfolio. 

[eightdots]

No matter what you think bitcoin is to you, know that Bitcoin will never make you rich overnight, it can even make you very poor if you're not lucky.
Do not quit your job because of your investments in bitcoin
Do not quit your business or trade...
Do not stop whatever you are earning from.
Bitcoin investment can no doubt make you rich but it is also subject to price volatility which can make you lose your investment. You need to exercise patience and be committed so your investments will yield good returns. If you have no other backup source of income, you might be tempted to fall back to your investment capital which is not good for any investment.

Everyone needs to know that there is always a risk factor and we need to be very careful. Investing is easy, but there is a psychological state that comes with investing. When investing, we need to consider that things may not go well. The things we want don't always come true. It is important what kind of a road map we draw in negative situations, or we need to learn how to act to avoid being in a negative situation.

In addition to what you said, the ambition to make a profit in a short time is not the right action. Acting without knowledge creates more risks. Planning actions protect the investor from adverse situations.

[wtsimis]

Bitcoin (BTC) to me is a digital currency or digital asset . Currently, whose popularity is skyrocketing. In 2009, an anonymous entity known as Satoshi Nakamoto created Bitcoin , which is now known around the world. It is considered a treasure of value much like gold. The value that Bitcoin currently holds suggests that it will become more popular and hold more value in the future.

[_BlackStar]

Bitcoin (BTC) to me is a digital currency or digital asset.

So far - those are the two function of bitcoin. As a means of payment – ​​bitcoin has many advantage over traditional fiat currencies currently circulating. Bitcoin is safer for transaction and you can save a lot of time sending money between countries by setting your own fees. Of course - you don't have a daily limit for trading bitcoin as long as you don't store it on a centralized exchange. This is better than centralized banks - in fact you won't get a single privacy-intrusive question when you use bitcoin as a means of payment or currency.

As an investment asset - you certainly know how it has performed so far. Bitcoin has given early investors thousands of percent return to date - even new investors will get worth it return when they invest. Price volatility allow the value of your portfolio to rise and fall - but if you are patient, get the return.