Why invest in bitcoin??

[Rustam Meraj]

These three reasons that you mentioned are indeed important, but they are not exclusive to Bitcoin, as they explain the reasons for investing in general. Bitcoin provides an alternative to classic exchange money due to the crises that do not stop with fiat money, but Bitcoin is more than just a currency that performs all the functions of currency as we know it; it is a payment system that has the function of being used as a payment gateway without the need for third-party intermediaries.
This feature makes Bitcoin a store of value and an effective tool, not just an investment product. Investing in Bitcoin is important because it is the best type of investment, and any person in our time needs to diversify his income by investing in the value of some assets, especially safe assets such as gold and Bitcoin.

Yes that reasons for investing can apply to many things not only for Bitcoin. But Bitcoin has some special features that make it good. It is way for people to make transactions without needing middleman which makes it different from traditional money. I agree that Bitcoin is not just good investment but also way to store money and make payments. Its limited supply and independence make it good to protect against inflation. Investing in Bitcoin and other assets like gold can be good way to spread your investments and with this we can reduce risk which is especially important in today economy.

[EluguHcman]

First post title does not match what was explained to what get us broke after being wealthy and this thread would had been best fit in the economy sub board.

  Sometimes It’s not just about how much money you spend & lose that makes you broke But how much is being silently stolen from you from under your nose

Money stolen is still assumed to be money lost because you did not intentionally spend or gave it out.
What I can tell that causes investors to go broke after acquiring a good financial portfolio is the ignorant to understand that chasing investment profits does not have an end like some may say they have made enough money and just sit, cross legs on the chair and spending unconsciously living luxurious lifestyles without undermining the huge amount of money in their bank account is dropping in values as there is no more incoming incomes.
 
Let us also look into diversification of incomes where we get introduced to a strange source of investment and with how sugarcoated we were being told about it, we just get lost of learning about the legitimacy of the investment and also the risk aspects because ignorant to this will either lead to getting scammed or a crash of our Invested values due to risk management adherence.

Talk about why invest on Bitcoin,? Because I see it feasible to break through poverty, hold an hedge to inflation and I can always get penalized control of my fund without regulatory policies.

[348Judah]

  Sometimes It’s not just about how much money you spend & lose that makes you broke But how much is being silently stolen from you from under your nose

The accumulation of the small fragments of money deductions from ones account over time can be sum up to a reasonable amount of money this is what people should understand, that the fact that we are not being deducted a huge amount of money doesn't mean that it doesn't count as losses on us, you can imagine if 10 billion people were charged of just $1 per month for using any centralized institution, how much this would have sum up to, the same way continuous for the year and all over again, but we seem to pay less attention on all these because of the amount involved.

[lizarder]

So invest instead of saving, diversify your assets correctly and watch your life and wealth chance faster than you ever imagined..

That is a much better scenario compared to saving because if the portion of money we have is only used for saving, it will not increase the value of the money we have. People can change their lives for the better through investment because after the investment gives maximum profit we can diversify it into something much more productive. The investment opportunity in bitcoin is very good because in the long run we will get maximum profit.

That is the reason why saving not productive and it is better to make an investment portion so that people can increase the amount of money ownership that is increasingly through the investment that is carried out, thus the productivity that is carried out is much more appropriate by taking advantage of the opportunities that exist especially in bitcoin.

[HajiBagi]

The biggest reason to invest in Bitcoin may be its long-term profit potential. Reasons why you should invest in Bitcoin (1) Bitcoin is a decentralized currency, so only you know all the information about your assets and there will be no third-party interference. (2) You can invest in Bitcoin very easily and you will not need a large amount of money for Bitcoin investment. (3) Since transactions are made using the blockchain system, the possibility of money being stolen is very low or almost impossible. (4) Bitcoin's upward trend and its pumping system increase the long-term profit potential of Bitcoin investment and the profit margin is also several times higher.
These reasons may also be significant for Bitcoin investment.

There are many reasons why people should invest in Bitcoin rather than saving money in the bank, we can't mention them all because there are many reasons and Bitcoin has also won our hearts through its nature, the main reason why people invest in Bitcoin is profit, before taking any step of investing in Bitcoin I believe that you must first think about what will come or the profit you will make in future, Bitcoin is a long time investment that can change people life from zero to the hero that is why there will even be an investment like Bitcoin.

Bitcoin has made life easy for those who believe in it because there are people who still don't believe in Bitcoin, instead of Investing in Bitcoin they prefer saving money in the bank, not that they are not well educated but they don't believe in it, people that invest in Bitcoin should be grateful because sometimes I think that we need Bitcoin in our life to help because it helps us to understand more about modern things.

[CryptopreneurBrainboss]

The accumulation of the small fragments of money deductions from ones account over time can be sum up to a reasonable amount of money this is what people should understand, that the fact that we are not being deducted a huge amount of money doesn't mean that it doesn't count as losses on us, you can imagine if 10 billion people were charged of just $1 per month for using any centralized institution, how much this would have sum up to, the same way continuous for the year and all over again, but we seem to pay less attention on all these because of the amount involved.

Those are services charges so we don't have to think much about them. If you own a platform, you'll want to charge those services fees to help with the maintaining of the platform because if things are to get outdated and you aren't making enough money to keep your platform up-to-date, you're going to lose customers and trusts from the people that usually use your platform.

It's when the fees get overpriced that's when you can start complaining but if it's just few dollars, just pay to use the fees and don't bother about what the exchange is making in profits. What you should be concerned about is how they're providing the service that they're offering.

If you need a reason from someone to invest in Bitcoin, you're not ready. What's another investment that's better and easier than investing in Bitcoin in the modern day?.

[Oshio-man]

Are you looking from where to earn income from? Then invest in bitcoin and you will appreciate me later, because you will see what you have not see in other businesses before when the bull season hit the market, bitcoin is good to invest man, but invest what you can't afford to lose and you will know why people are recommending bitcoin to friends and love ones to invest.

[nakamura12]

Are you looking from where to earn income from? Then invest in bitcoin and you will appreciate me later, because you will see what you have not see in other businesses before when the bull season hit the market, bitcoin is good to invest man, but invest what you can't afford to lose and you will know why people are recommending bitcoin to friends and love ones to invest.

Op is all about why you should invest in bitcoin rather than saving it in a bank and he did gave some examples of what will happen to your money when you save it in bank and also about tax taken from your hard earned money or from selling something. It's a good mindset if you only invest what you can afford to lose rather than risking all your money or most of your money. Many people will understand why you should keep some of your money just in case something might happen like an emergency or you needed some money for necessities.

[tabas]

Not only those and if you don't invest your money to assets like Bitcoin and you leave it cash. There is a possibility that you are hungry to spend it into something else. Which means that if you didn't stored it into a wealth, you have no option but just spend it and then let it loose. But there is no problem if that money is spent and used well for material things or obligations or even bills. But, that's another part of the story and they're things that we have to pay continuously and that's why if there is a considerable amount of money now, it's better spent to bitcoin.

[Jaycoinz]

The biggest reason to invest in Bitcoin is the growing demand for it in the future. Especially as the popularity of Bitcoin increases around the world, people are becoming more interested in investing in it. At some point, people will completely replace paper money with Bitcoin. Moreover, investing in Bitcoin instead of keeping money in the bank is definitely much more profitable.

Well I will be straight forward cause I feel the major reason why people even invest in Bitcoin is just because of the ability of its growth pattern. Personally I feel the major reason for the whole Bitcoin investment thing is just how Bitcoin tend to rapidly grow even against all odds and it will continue to showcase it's strength and knowing that the future is verified and filled with lots of opportunities

[Powerjumboo]

Thanks for the nice advice. Bitcoin is becoming very popular with people and the way its popularity is starting to increase and the way Bitcoin is getting a place in strategic reserves in various banks around the world, with a supply of 21 million, this Bitcoin will be a skyrocketing situation at one time. So there will come a time when people will not have the ability to buy a Bitcoin. So now that you understand this position, it is definitely worth buying Bitcoin. Moreover, since Bitcoin is completely decentralized, you do not have to rely on anyone to use Bitcoin and you can feel like you are the complete owner, so of course investing in Bitcoin and holding it is important and profitable for everyone.

[Makus]

The truth is none is risk free wether investment or savings, and there are different ways to invest out there, there are some that are less risky than others,. The point here is when the word savings is used people often think of a safe haven where nothing can happen which is not true, saving is as risky as investment maybe not so risky but it is also risky, so why not risk with the possibility and potential of making profit?

All coins tend to pose the risk of fluctuating but there are also coins that doesn't fluctuate as some does. But in the main sense volatility in the market is the only reason why the project can gain increase in value, so it's  considered as a blessing to the crypto world. And again some coins are considered to be less risky based on their reputation and position in the crypto coin ranking. Take for instance, ethereum which has spent several  year in the crypot market is crowned kind of altcoins though its price is nothing compare to Bitcoin but its reputation as the most reputable altcoin make it less risky for it to be a scam project. But you see some newly launched meme coins, its good to avoid some of these project if not all. Most people believe they have rapid profit potential and that is why they ignore the red flags and go ahead in picking some of these projects for investment only for them to find out that their investment is actually depreciating instead of increasing lol

[coupable]

These three reasons that you mentioned are indeed important, but they are not exclusive to Bitcoin, as they explain the reasons for investing in general. Bitcoin provides an alternative to classic exchange money due to the crises that do not stop with fiat money, but Bitcoin is more than just a currency that performs all the functions of currency as we know it; it is a payment system that has the function of being used as a payment gateway without the need for third-party intermediaries.
This feature makes Bitcoin a store of value and an effective tool, not just an investment product. Investing in Bitcoin is important because it is the best type of investment, and any person in our time needs to diversify his income by investing in the value of some assets, especially safe assets such as gold and Bitcoin.

Yes that reasons for investing can apply to many things not only for Bitcoin. But Bitcoin has some special features that make it good. It is way for people to make transactions without needing middleman which makes it different from traditional money. I agree that Bitcoin is not just good investment but also way to store money and make payments. Its limited supply and independence make it good to protect against inflation. Investing in Bitcoin and other assets like gold can be good way to spread your investments and with this we can reduce risk which is especially important in today economy.

Earlier, the traditional move was to hedge stock volatility with gold. It was a very effective method in the past, but a new alternative has emerged that challenges the old-school safe haven method. Ut's Bitcoin. Now let's see how;

[Wonder Work]

Well I will be straight forward cause I feel the major reason why people even invest in Bitcoin is just because of the ability of its growth pattern. Personally I feel the major reason for the whole Bitcoin investment thing is just how Bitcoin tend to rapidly grow even against all odds and it will continue to showcase it's strength and knowing that the future is verified and filled with lots of opportunities

Agree with you. People are so desperate to invest in BTC because they now understand what kind of things are going to happen with btc in the future. It is natural that where a good future is already certain, the number of investors will increase. No matter how many stories come in the crypto world, all the coins will come around this btc. BTC is natural that there will be more demand for investment in that bitcoin, which has so much in the crypto world. The future of which is certain and where you can invest without worrying and if you invest for a long time, you will achieve something good from here. People are now trying to invest their money in something good instead of sitting around. Earlier, people used to invest in gold, but now they are more interested in investing in bitcoin than gold.

Investing in bitcoin is the best way to get the benefits that you can get from bitcoin, which you cannot expect from any other coin. That is why everyone is interested in investing in bitcoin.

[Catenaccio]

Agree with you. People are so desperate to invest in BTC because they now understand what kind of things are going to happen with btc in the future. It is natural that where a good future is already certain, the number of investors will increase. No matter how many stories come in the crypto world, all the coins will come around this btc.

There are people who like and have enough strong belief in Bitcoin future to invest money in bitcoin, but they are minority compares to more overwhelming people in the majority that still dislike Bitcoin and are not ready to become Bitcoin investors.

The adoption trend of Bitcoin is up that signals a simple thing, there will be more new Bitcoin investors with time. If you are already a Bitcoin investor, you have big advantage to late comers, like you can buy cheaper bitcoins and have more time for Bitcoin accumulation.

DCA and accumulate bitcoin as much as you can, to take advantage against late comers and Bitcoin machine will make you richer or improve your finance to have better prosperous life.

[SuperBitMan]

Agree with you. People are so desperate to invest in BTC because they now understand what kind of things are going to happen with btc in the future. It is natural that where a good future is already certain, the number of investors will increase. No matter how many stories come in the crypto world, all the coins will come around this btc.

There are people who like and have enough strong belief in Bitcoin future to invest money in bitcoin, but they are minority compares to more overwhelming people in the majority that still dislike Bitcoin and are not ready to become Bitcoin investors.

The adoption trend of Bitcoin is up that signals a simple thing, there will be more new Bitcoin investors with time. If you are already a Bitcoin investor, you have big advantage to late comers, like you can buy cheaper bitcoins and have more time for Bitcoin accumulation.

DCA and accumulate bitcoin as much as you can, to take advantage against late comers and Bitcoin machine will make you richer or improve your finance to have better prosperous life.

Yeah you are right, a time will come when Bitcoin will become more expensive than it is now, let's not forget in a hurry that Bitcoin once had no value and also that Bitcoin was $1k before and then some set of people where saying it was too expensive and they refused to accumulate and it moved from $1k to $10k and those that refused to accumulate when it was $1k started regretting there action and there where people who still refused to accumulate when Bitcoin was $10k and now Bitcoin is almost $100k, Bitcoin even in this current price is not expensive compared to the future price, if you start accumulating now consistently you won't regret it because Bitcoin has not stopped growing a time will come when Bitcoin will hit $1 million, if you check the history of Bitcoin growth you will know that it is very much possible for Bitcoin to hit $1 million in the future and if you check how bitcoin is going also you will know is very much possible some countries has already started having a Bitcoin reserve meaning that they have started accumulating Bitcoin and holding, Bitcoin has a very bright future so don't miss out.

[Callido]

The biggest reason to invest in Bitcoin is the growing demand for it in the future. Especially as the popularity of Bitcoin increases around the world, people are becoming more interested in investing in it. At some point, people will completely replace paper money with Bitcoin. Moreover, investing in Bitcoin instead of keeping money in the bank is definitely much more profitable.

Well I will be straight forward cause I feel the major reason why people even invest in Bitcoin is just because of the ability of its growth pattern. Personally I feel the major reason for the whole Bitcoin investment thing is just how Bitcoin tend to rapidly grow even against all odds and it will continue to showcase it's strength and knowing that the future is verified and filled with lots of opportunities

I agree, the forward reason is because of the profitable nature, people don't just care about the decentralization or any other purpose, their interest is based on how much they will get in return if they invest and buy portions of this asset, Bitcoin is profitable so do investors see the whole concept and it's the most real possible reason why till today, companies and firms including governments all wants to take part with accumulating portions of Bitcoin to hold.

[asarfiar]

  Sometimes It’s not just about how much money you spend & lose that makes you broke But how much is being silently stolen from you from under your nose

The accumulation of the small fragments of money deductions from ones account over time can be sum up to a reasonable amount of money this is what people should understand, that the fact that we are not being deducted a huge amount of money doesn't mean that it doesn't count as losses on us, you can imagine if 10 billion people were charged of just $1 per month for using any centralized institution, how much this would have sum up to, the same way continuous for the year and all over again, but we seem to pay less attention on all these because of the amount involved.

For example, in some services, we express dissatisfaction with the reason that the service is fully formed in a way that is a strategy to seize public money. Large service centers are basically such steps If we guess from the collectively, we can see that it is a great meaning of the moneyPlan The public does not really have anything to do in this regard because it is made full of the palace on it There are some survivors that are constantly using people and if you have an average proportion of every day, you will understand how they are making money.

The average ratio is an example of such an example that only three -fourths of the total population of a country is associated with this service, and $ 2 per month is being deducted from the custom. So think about how much money is being made

[Stormisover]

those 3 reasons are very common, and i think that almost everyone who invests in bitcoin already understands them. but let me add again that why should you invest in bitcoin; it is because bitcoin is decentralized, its supply is limited to 21 million coins, ease of access and full management is directly in your hands, these are the reasons why someone should invest in bitcoin. you just can't find that in other investments.

Another reason why I will invest in Bitcoin is that it has shown itself worth to be invested on, it has shown growth and it is still growing and I want to be part of those that will be proudly be talking about Bitcoin, I derive joy whenever they are talking bitcon and I want to be among those that will tell much more of the stories in the time coming, good enough what is only needed is to invest a little part of our money we are not going to be making use of for long time.

[Pandorak]

Not only those and if you don't invest your money to assets like Bitcoin and you leave it cash. There is a possibility that you are hungry to spend it into something else. Which means that if you didn't stored it into a wealth, you have no option but just spend it and then let it loose. But there is no problem if that money is spent and used well for material things or obligations or even bills. But, that's another part of the story and they're things that we have to pay continuously and that's why if there is a considerable amount of money now, it's better spent to bitcoin.

Many people have money stored in the form of savings in the bank, storing at home, buying gold, etc. However, only a handful of people invest their money in Bitcoin, this is motivated by various aspects, most of which do not know what Bitcoin is, such as in my country there are still many who do not know what crypto is, especially Bitcoin, people prefer to save their money in banks in the form of deposits, businesses.

Luckily for those of us who know, understand, understand Bitcoin and its potential in the future, Bitcoin continues to grow making its holders continue to benefit, not only profit but knowledge of the technology in it.