What is bitcoin for you?

[_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.

[synchronym]

Bitcoin is a digital currency. Investing in Bitcoin is very risky. If you want to invest in Bitcoin, you must invest with that risk in mind. Many times it is seen that many newbies without knowing about bitcoin investment without knowing about bitcoin market invest too hastily and face loss. If you want to invest in Bitcoin, you must be patient and plan long-term. If you invest with long-term plan and enough patience, you can definitely achieve success with Bitcoin investment. Bitcoin has changed the fortune of thousands of people and day by day people are showing interest in Bitcoin. So by investing in Bitcoin you can change your fortune but it is not overnight but you have to be patient for that.

[kotajikikox]

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.

you would be able to learn about the basics and the fundamental concepts of bitcoin by reading and watching videos that explain how it all works but personally, I think that the best teacher truly is experience.

There is nothing like experiencing the volatility and the fluctuation of a market in real time. You will never understand FOMO and FUD unless you have lived it yourself.

[Bd officer]

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.

Bitcoin is the best way to invest for me. Bitcoin should be the first choice to invest in cryptocurrency. Many people have made a lot of profit by investing in Bitcoin, so I also invested to earn a lot of profit. I am able to invest small amounts in bitcoins using DCA method so bitcoins are a means of saving for me. However, if you want to invest in Bitcoin, you must invest for the long term. If you can invest for long term then you can definitely profit. You try to research Bitcoin and learn about Bitcoin from this forum.

[reagansimms]

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.

Bitcoin is one of the most popular cryptocurrencies in the world, one of the advantages that Bitcoin can generate is that it can make international transactions more quickly and easily. Another benefit that Bitcoin produces is that it can be used as an investment tool, you can buy Bitcoin when the price is cheap and sell it again after the price starts to increase. The biggest advantage felt by people who own Bitcoin is because it is global, you don't need to bring too much Fiat when going to any country because its value does not change even though it is traded in any country.

Bitcoin has many advantages because it has multifunctional characteristics, you can enjoy different conveniences depending on your goals and situation. Bitcoin can also be accessed flexibly because of its decentralized nature, you have full responsibility for the assets you own because there is no involvement of any party who can manage every transaction you make.

[Betwrong]

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.

I think Bitcoin is a great investment opportunity not only for you but for many, but look at the replies in this thread and you'll see that Bitcoin is not only that. For one thing, Bitcoin is a convenient way to transfer your money to someone abroad without paying a lot of money for the transaction. I mean, you can say about a lot of things that they are good for investment, but Bitcoin is different because most of them will fail and Bitcoin will not.

[RockBell]

Bitcoin is a digital currency. Investing in Bitcoin is very risky. If you want to invest in Bitcoin, you must invest with that risk in mind. Many times it is seen that many newbies without knowing about bitcoin investment without knowing about bitcoin market invest too hastily and face loss. If you want to invest in Bitcoin, you must be patient and plan long-term. If you invest with long-term plan and enough patience, you can definitely achieve success with Bitcoin investment. Bitcoin has changed the fortune of thousands of people and day by day people are showing interest in Bitcoin. So by investing in Bitcoin you can change your fortune but it is not overnight but you have to be patient for that.

Bitcoin is a decentralized currency that the whole world is accepting and will continue to accept. And even with the risk it comes with people are beginning to understand that risk because you don't expect me to buy and sell below the initial price that it was bought. And if it is about risk every investment comes with their own risk. And it is that of bitcoin coin it will only take a few time for you to recover from what ever lose. If you are to hastily it won't pay you as far as bitcoin is concerned, you make hastily decisions because you can actualize what will happen in the market.

 Because even with the analysis you can not get a 100 percent but you can get close to 100, and since initially bitcoin is a long time investment their is nothing to worry about. If you already know that its a long time investment then you can invest and just allow the whole thing be, people have benefited and people will continue to benefit if their is continuation to keep investing in bitcoin. Changing overnight is true because the market is not predictable.

[Ahli38]

The benefits of bitcoin for me are probably the same as the benefits that everyone has managed to get from bitcoin. But what is certain is that through Bitcoin I understand that we can also be separated from the centralized system in several ways, including in long-term investments. And actually, before the arrival of Bitcoin, many of us didn't even know that we had been in a centralized financial system. And in fact, many people are aware of all this thanks to the presence of Bitcoin which has a decentralized system and has opened everyone's minds to the fact that a non-centralized financial system can also stand side by side with a centralized system. Bitcoin is like a thing that can create a door out of the barrier wall that initially confined humans. And with bitcoin humans can again see freedom in financial terms.

[Out of mind]

We know that Bitcoin is a digital currency that has managed to gain a lot of popularity all over the world today. Also, we can say it is a digital currency, asset financial advisor, people are benefiting a lot by using this currency we know it. Moreover, we have seen that Bitcoin has given people financial freedom, and it has been invested by many people who are benefiting from it. We know that Bitcoin is legalized in different countries and there are many places where people can do it easily, from buying goods with Bitcoin to payment systems. Bitcoin can offer much more privacy and security than real currency which is why most people invest here, so if you want to invest in Bitcoin it is profitable.

[Gaza13]

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.

If someone already understands how they run their business or business, of course they will definitely run or use investment as a business field for additional income for them. The goal in investing is how our money continues to work to make money for ourselves. Investment can be said to be the same as saving for our future. Even though Bitcoin cannot be physically held, it is of great interest to people around the world because they know that this asset has quite a large profit impact for the people who own it.

[Antonil]

Bitcoin is money to me. The price of a single bitcoin drops to an average of $40k throughout the year. Which is a complete piece of income for middle class people.

As we all know bitcoin is a national smart currency, being smart means exchanging money anytime, anywhere within seconds. It is independent, the sender and recipient will not receive any information about this currency outside the pain, which gives this currency independence. 

All in all I want to say that I love bitcoin, because the price is in a way that is always useful in people's danger.

[Onyeeze]

Bitcoin is a digital currency, asset and and financial advisory that creates the avenue for your privacy, security and profitability, Bitcoin is all about having freedom in financial aspects, if you think you're done and tired of government, KYC and regulations, then you need to learn about bitcoin, adopt it and invest in it, these are the hidden truth the government will not allow for you to go for except you make a discovery of that by yourself.

in addition bitcoin is decentralized currency that has no link with government support and it stand for it own without  a collaboration with central government currency, so therefore the value remain decentralized and that is why it do have attacks by government agencies across other nations, from my understanding of bitcoin is a digital currency which you can invest and monitor all allow due to the way you have seen its regulatory system, its clear that nobody will help you to monitor your crypto except you, and that's why it stand to be decentralized currency.

[el kaka22]

For me it is a currency, not an asset. I have talked about this many times before in other topics as well for many years now, but as someone who dislikes my own fiat that my nation has, for me bitcoin is a currency and I love it. Plus, it allows me to work with others all around the world as well, which means that we are going to end up with something much better, we should probably consider how to get better and how to do better for sure.

The reality is that we are not going to see that type of thing all that easily, so we need to make sure that we are dealing with something that will take a while. I need to consider how it can be done, we just need to handle the whole currency thing first before we invest into the asset part of it.

[AirtelBuzz]

Bitcoin is a digital currency. Investing in Bitcoin is very risky. If you want to invest in Bitcoin, you must invest with that risk in mind. Many times it is seen that many newbies without knowing about bitcoin investment without knowing about bitcoin market invest too hastily and face loss. If you want to invest in Bitcoin, you must be patient and plan long-term. If you invest with long-term plan and enough patience, you can definitely achieve success with Bitcoin investment. Bitcoin has changed the fortune of thousands of people and day by day people are showing interest in Bitcoin. So by investing in Bitcoin you can change your fortune but it is not overnight but you have to be patient for that.

All members connected with crypto currency know that Bitcoin is a digital decentralized currency. What you said that investing in bitcoins involves taking risks yes it is correct. But do know one thing, not only Bitcoin, but whatever coin you invest in, you have to accept risk, ie investing in cryptocurrency involves risk. Investing in bitcoins may not require much experience with bitcoins because if you have a proper investment plan and a source of income to keep investing, you will be able to keep your bitcoin investment going.

Those who are new to Bitcoin investing will surely suffer if they get frustrated by seeing the price of Bitcoin drop and then sell. If they can patiently hold their investment for a long time then they will be successful. Those who have changed their fortunes by investing in Bitcoin have invested for a long time and with patience.

[barisbilgili]

I have felt a lot of benefits from Bitcoin, this is my belief in investing for the future and I invest much more calmly even though there is a big risk, but I am quite sure there will be big profits too.

There are many benefits of Bitcoin that we can experience now and in the future. The point is that we have to believe and learn many things before doing anything, whether trading or investing.

But again, every positive benefit that we can get is also accompanied by the same level of risk, so if we can learn to minimize this, there will be quite a lot of positive things or benefits that we can get.

[Psalms23]

To me, Bitcoin represents a revolutionary form of digital currency that operates on a decentralized network. It offers a way to transfer value and store wealth without relying on traditional financial institutions or government-issued currencies and a way for easy investment.

[AYOBA]

Bitcoin can be defined in different ways, since it has helped many people secure their assets and also gain some profits from the assets they keep for a long period of time. Bitcoin is a digital currency in which you make use of your money and invest the little amount that you can afford to lose. The reason why people's given advice  always that we should invest the amount we can afford to lose is because bitcoin investment involves risks that, if you don't have so much knowledge about them, it may lead you to lose all the assets that you have been holding for a while.
 
Morever, as this your level now, which is newbie, this is the right time for you to go and do much research about the Bitcoin investment rather than ask a short question about Bitcoin. It will be good if you take your time and create a thread that will concern only Bitcoin to advance your knowledge.

[Betwrong]

To me, Bitcoin represents a revolutionary form of digital currency that operates on a decentralized network. It offers a way to transfer value and store wealth without relying on traditional financial institutions or government-issued currencies and a way for easy investment.

I agree with everything you said except this line: "a way for easy investment". What do you mean by that? Maybe I'm wrong, but it looks like you mean that investing in Bitcoin is an easy way to make money. I want to say that this is simply not true. There's no easy way of investing, and Bitcoin is not an exception. A lot of people are turning their backs on Bitcoin just because they had a bad experience with investing in it in the past. We don't need that.

[tottong]

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

Then what's the point of having an internet that can connect to the entire universe for us to study widely?
Likewise with bitcoin, which nowadays has been discussed hundreds of times on any social media platform.

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

You should have brought a much more relevant message where we could discuss bitcoin developments.
It will be beneficial in general because everyone can follow as a step to dig further.
Bitcoin has become a trend nowadays and most people understand it, the only problem is people who don't know and don't want to learn to find out.
I think we are at the stage of thinking about how to collect and no longer talking about negative impacts because in the last few years we have seen the journey of bitcoin.

[bitcoin_mining]

Bitcoin is the most valuable digital currency to me. If I compare Bitcoin with all other coins in the crypto market then surely I can put Bitcoin ahead of all other coins in the market in many ways. The easiest way to distinguish Bitcoin is that all other coins in the market depend on the Bitcoin market. For example, when the Bitcoin market changes, all other coins in the market change. In all other coins in the market we often notice abnormal changes but we never notice this in case of Bitcoin because Bitcoin is always pumping or dumping following a certain direction. If investors talk about reliability then surely Bitcoin will be the first choice of investors.