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Author Topic: Why I Prefer Bitcoin?  (Read 707 times)
Stablexcoin
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September 09, 2024, 09:39:01 PM
 #101

I prefer to keep money in the bank as an alternative.  Because if I put money in the bank, that money is never considered as my own money because if the bank goes bankrupt for political reasons then my money will go bankrupt too. Also I have full control over my bitcoin wallet but if I keep money in the bank I don't have full control over that money.  That's why I put more emphasis on bitcoins instead of cash in the bank.
Bitcoin is a great asset we can make crazy money from if we have the funds to invest. People that have invested in Bitcoin since 2013 would be in huge profits by now. Putting money in the bank has it own risk and it is good we know what we are doing just like investing in different assets. Investing in cryptocurrency can be profitable if we know what we are doing and how to invest to make more money. It is always good one but at the dip and sell at the top to keep making money. Just like now that the price of Bitcoin is fluctuating, we can follow up and keep buying and selling without stress. Those that have a good strategy are the ones making money in the market.
You're going too far. Last week i had some disposable funds with me and apart from my investment, I wanted to see if i could increase the funds a little. I had to put all my disposable funds into Bitcoin since the price dip. A good thing is that today, I made some profits, which was enough for me. I have exited the market since I have my other Bitcoin investment with a long-term plan on. What am saying is that it doesn't matter the time you had the opportunity to invest in Bitcoin. The assurance is with time it will yield profit. The funny fact is that you can buy Bitcoin today and be lucky enough that the mighty bull run starts tomorrow which will give you a massive profit if you invest much funds in it.

Solokan
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September 10, 2024, 05:13:48 AM
 #102

I personally am the same as you, that is, I also like Bitcoin because Bitcoin is the safest crypto asset which of course will make long-term investment holders have the potential to make big profits and also Bitcoin is decentralized and its supply is limited which is the reason I like it. bitcoins. Yes, the point is, there are so many benefits that BTC provides that I also like BTC.

It's true that it's not easy for someone to hold BTC or invest in BTC because there are always a few people who think that we are making strange investments, but of course in the current era, I think people are starting to be more positive and starting to be more positive.
know about bitcoin and even in my area people are starting to invest in btc a lot and it's no longer a mockery because now many people know that investing in btc makes a lot of profit even now many people who invest in btc in my area are considered cool .

indeed we work hard to earn money but of course I always obey the government because for me the government is very important and bitcoin is also very important because of course I personally see that we will still need the government and I also need bitcoin because by investing in btc we will have potential for good profits in the future, of course, in my opinion, both have advantages and disadvantages. So, personally, I prefer to be friends with BTC and the government.











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