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Author Topic: Bitcoin as s store of value.  (Read 420 times)
George Edward (OP)
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February 24, 2025, 09:17:21 PM
 #1

 talking about Bitcoin as a store of value. For centuries, people have used assets like gold, real estate, and bonds to save their money. But with the rise of digital currencies, Bitcoin has become a new option.So, what makes something a good store of value? It should be scarce, durable, portable, and divisible. Bitcoin fits these criteria.and there are  benefits of using Bitcoin as a store of value like Bitcoin's limited supply and decentralized nature make it a good hedge against inflation,Adding Bitcoin to your investment portfolio can reduce risk and increase potential returns.Bitcoin is widely accepted and easily traded.Bitcoin's decentralized nature provides strong security against theft and manipulation.
To end the topic I will like to say Bitcoin is a strong option for storing value. Its limited supply, independence, and growing popularity make it an attractive choice. However, its unpredictable price, unclear regulations, and security risks are important concerns. As the cryptocurrency market keeps changing, it's crucial to consider both the pros and cons of Bitcoin and think about including it in a varied investment plan. Grin

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February 24, 2025, 09:36:43 PM
 #2

Pro= you have chosen the right asset for store of value, but consider diversification so you don't just have bitcoin. There are several other options such as physical assets, so you don't need to just focus on one asset. Bitcoin is great and its performance since launch has been proven to provide returns, but don't own a single investment asset.

Cons = regulations can still change and this is a threat to every holder in countries that have legalized bitcoin investment, adoption and trading. Prices are too volatile and perhaps too easily shaken by a handful of whales holding thousands of bitcoins. But compared to discussing the negative side, I think the positive side is much more.

So of course it is not necessary for everyone to invest in bitcoin regardless of the risks. Bitcoin and all other forms of investment have risks, but so far, bitcoin investments have provided returns worth it with the risks.

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February 24, 2025, 10:45:19 PM
 #3

The pros of bitcoin are much bigger than any cons you could think about bitcoin investment and especially when we have to juxtapose bitcoin with other investment assets their risks are weigh higher than what we get to deal with in bitcoin's.

Having it as a decentralized asset makes all the difference therefore strengthening investors faith in the digital currency more than any other currency.  I think if not for the absolute decentralised nature of bitcoin the whales would have been able to have done worse than what they do in trying to influence and manipulate price by way of the volatility of the coin.

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February 24, 2025, 11:37:38 PM
 #4

That’s why invest in bitcoin with caution. Despite of its bigger profit potentials, the risk to lose is also high so if you are only investing blindly and just here for quick and instant profits, then bitcoin as an investment will not fit for you. Acquire knowledge and apply risk management, that will help you to invest bitcoin the safer way.

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February 24, 2025, 11:56:09 PM
 #5

Many are still in doubt of that about Bitcoin. But as long as they started to realize the point that you've mentioned that it is a good store of value and it has limited supply.

They will come rush to get them for as long as they can be. Investors understand this thing easily and those that haven't yet will have to take their time for that.

Scarcity of it is a big factor that they need to consider and we're a lot in the world for this population to own each of its fraction.

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February 25, 2025, 03:02:23 AM
 #6

Risks are always a part of the package. Whether it's gold or real estate or bond or Bitcoin, there will always be risks. The good thing about Bitcoin is that its rules are etched in stone. The larger cryptocurrency market is indeed changing. Trends come and go. Hypes come out of a sudden and perish shortly thereafter. But Bitcoin's fundamental principles remain fixed. That it's absolutely scarce, for example, doesn't change, ever.

However, given that various assets have different strengths and weaknesses, it's always preferable to diversify. Gold, for example, is better than Bitcoin in one way or another, but Bitcoin is also better than gold in other ways.

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February 25, 2025, 03:29:50 AM
 #7

Bitcoin is a decentralized coin that is increasing and decreasing through demand and supply in the market and government have no power to control the movement of Bitcoin, because is different from centralized coins. You have hope of making income from Bitcoin by holding Bitcoin for long term,  because the price increase higher in every new bullish season that happen in the market for investors to  know the value of Bitcoin by making enough income from the bullish season. Despite is risk when storing Bitcoin for future use, you will definitely get what you want from Bitcoin when the time come which are the advantage of store value that is encouraging new investors to have access to Bitcoin.
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February 25, 2025, 09:55:08 AM
 #8

Bitcoin is a great store of value if you are patient & don’t mind volatility along the journey. I mean, we are down nearly 20% from the ATH of $109,000. I would imagine newbies who bought the top aren’t feeling too great now. This is why I mentioned patience. If you sit & hold for 10 years Bitcoin is a superb store of value, you just need strong hands & patience.
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February 25, 2025, 10:35:12 AM
 #9

Bitcoin serves many purposes other than only store of values. It serves as a digital currency used for cross border transactions, scarce and available to every category of individual, no segregation and discrimination on any set of people as it's very affordable, easy to acquire without any third party or agents and lots more.


Bitcoin is a great store of value if you are patient & don’t mind volatility along the journey. I mean, we are down nearly 20% from the ATH of $109,000. I would imagine newbies who bought the top aren’t feeling too great now. This is why I mentioned patience. If you sit & hold for 10 years Bitcoin is a superb store of value, you just need strong hands & patience.
Right, every store of value gets beneficial after a long run, Land in my country takes time too to appreciate maybe after a period of 3-5 years depending on the number of civilization that has come to the place you bought the land, so it's always patient to be the key to anything store of value.



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February 25, 2025, 10:47:12 AM
 #10

talking about Bitcoin as a store of value. For centuries, people have used assets like gold, real estate, and bonds to save their money. But with the rise of digital currencies, Bitcoin has become a new option.So, what makes something a good store of value? It should be scarce, durable, portable, and divisible. Bitcoin fits these criteria.and there are  benefits of using Bitcoin as a store of value like Bitcoin's limited supply and decentralized nature make it a good hedge against inflation,Adding Bitcoin to your investment portfolio can reduce risk and increase potential returns.Bitcoin is widely accepted and easily traded.Bitcoin's decentralized nature provides strong security against theft and manipulation.
To end the topic I will like to say Bitcoin is a strong option for storing value. Its limited supply, independence, and growing popularity make it an attractive choice. However, its unpredictable price, unclear regulations, and security risks are important concerns. As the cryptocurrency market keeps changing, it's crucial to consider both the pros and cons of Bitcoin and think about including it in a varied investment plan. Grin
Bitcoin is a good store of value, for those who seek attention from the market understand it is better to hold Bitcoin than to go with Gold, Gold might escape the aspect of volatility but the benefits are little compared to Bitcoin as a store of value. Holding Bitcoin as a store of value for 10 years is equivalent to provide nearly X2 of whatever amount was fixed into the purchase. Moreover, it is best said to take Bitcoin as an investment plan rather, let what you have in possession be able to provide more benefit.

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February 25, 2025, 03:12:38 PM
 #11

Bitcoin is a strong option for storing value. With a limited supply, the price can increase while the demand will also increase that make Bitcoin will be scarce. I don't mind with the volatility of the price because that is the nature of Bitcoin. When our government accept Bitcoin, that mean we can use Bitcoin for our reason and that can be our new investment. So we will have more option in investing our money and see the value will increase from time to time. The cons of Bitcoin maybe from the government that is not yet approve Bitcoin to commodity or other things even investment but if that is change, we can use Bitcoin for our investment.

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February 25, 2025, 04:11:12 PM
 #12

That’s why invest in bitcoin with caution. Despite of its bigger profit potentials, the risk to lose is also high so if you are only investing blindly and just here for quick and instant profits, then bitcoin as an investment will not fit for you. Acquire knowledge and apply risk management, that will help you to invest bitcoin the safer way.

This is another thing that people need to know is that Bitcoin might be interesting when it comes to choosing an investment. Still, when you are investing everyone needs to know that Bitcoin comes with its own risk and this is the risk that people need to see before they choose to start investing because that is one mistake people are making they are always focusing on the profit they will make from an investment no looking at the capital investment that can happen to them.

We know that we can get bitcoin from investing or even mining it, and there is no reason that we are going to be getting 100 percent. There is a lot more when you understand the nature of your investment. We see Bitcoin as a fancy investment, forgetting that it comes with its own risk, and you need to know how to manage it. That is when everything is more easy than starting what you don't know.

but only a few are making money from investing in Bitcoin a lot of people are just making noise about their investment especially influence rs just to get followers they make videos some even with their demo accounts so many things to be conscious about.

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February 25, 2025, 05:55:33 PM
 #13

You have already said all, like you know already that Bitcoin is a good store of value and will be more valuable when hodl for long term as the price keep on fluctuating every seconds. However now is even the perfect time to keep on buying more Bitcoin because it is low now but will add up any moment from now. So it's a good store of value but one must patiently accumulate and hodl for long term if they really wants a huge or decent valuable asset in their portfolio.

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February 25, 2025, 06:07:30 PM
 #14

OP Since Bitcoin is an important chapter of the future, it needs to be very seriously research and analyze it a lot. Create your mindset in such a way that its unstable market does not fall into the hole of emotion. It is also for a long time investment of BitcoinIdentifying legal issues and implementing problems seriously This will allow investors to conduct investment by taking the right approach. I think Bitcoin is definitely an interesting sector that is a skyscraper dream of investors.

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February 25, 2025, 06:14:17 PM
 #15

talking about Bitcoin as a store of value. For centuries, people have used assets like gold, real estate, and bonds to save their money. But with the rise of digital currencies, Bitcoin has become a new option.So, what makes something a good store of value? It should be scarce, durable, portable, and divisible. Bitcoin fits these criteria.and there are  benefits of using Bitcoin as a store of value like Bitcoin's limited supply and decentralized nature make it a good hedge against inflation,Adding Bitcoin to your investment portfolio can reduce risk and increase potential returns.Bitcoin is widely accepted and easily traded.Bitcoin's decentralized nature provides strong security against theft and manipulation.
To end the topic I will like to say Bitcoin is a strong option for storing value. Its limited supply, independence, and growing popularity make it an attractive choice. However, its unpredictable price, unclear regulations, and security risks are important concerns. As the cryptocurrency market keeps changing, it's crucial to consider both the pros and cons of Bitcoin and think about including it in a varied investment plan. Grin
The fact that Bitcoin is the only freedom form of money in the whole world makes it greatly attractive for investors, who don't want to have total control over his wealth? And in this case Bitcoin solves this problem, without your key no one can ever have access to your funds, the only time people have total control of their money without any central authority or third party involved and without the fear of your funds getting freezed by bank or seized by government. Bitcoin shows true scarcity, and its deflationary nature makes it super interesting, in such an extent that no one can ever print more than 21 million of Bitcoin.

 
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February 25, 2025, 06:17:03 PM
 #16

Bitcoin is a great store of value if you are patient & don’t mind volatility along the journey. I mean, we are down nearly 20% from the ATH of $109,000. I would imagine newbies who bought the top aren’t feeling too great now. This is why I mentioned patience. If you sit & hold for 10 years Bitcoin is a superb store of value, you just need strong hands & patience.
Yes, according to the title OP Bitcoin is a digital currency that can store value. And storing means holding it for the long term and this must be understood by beginners, and the goal is to avoid its high volatility because if you store it for the long term with strong confidence and also strong patience in running it, Bitcoin will promise extraordinary profits in the future.
Like now Bitcoin is experiencing a decline and this tests our patience and don't panic because in the end the price of Bitcoin will reverse direction up so patience must really be instilled in them for the next few years until they find a price that is appropriate and satisfactory in terms of profit, at least 5 to 10 years in the future because its value will continue to increase and Bitcoin is the best asset that can store value that will continue to increase from year to year.

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February 25, 2025, 07:41:33 PM
 #17

Bitcoin has some features that may qualify it to become a store of value, and it also provides high levels of financial privacy, which is a valuable feature for some people.

But the most important feature that distinguishes all stores of value that we know today, Bitcoin lacks so far, which is that they are all valuable things. For example, gold is valuable because it is used for industrial purposes and jewelry. Its price may fluctuate due to speculation, but it is impossible for it to fall to zero, as there is always someone willing to accept gold because as a useful commodity.

What determines the value of Bitcoin today? Is it speculation or does it actually have a use value that has increased demand for it?
Does using Bitcoin as a payment system give it value and make it useful? Sure, but how many people use Bitcoin as an electronic payment system? I do not think that the number of online stores that accept Bitcoin payments exceeds 4 or 5 of the 500 largest online stores online currently.



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February 25, 2025, 08:44:16 PM
 #18

Iam hoping BTC becomes involved with AI mainly to increase useability and seamless handling.   If that becomes true it will have far wider application.   The backbone of BTC might be the long term store of value but I would like to see more active usage also.

I worry a bit when I see people expect to buy BTC and its a positive event alone, I do think it has to be increasing in the usage and number of people across world population who both want and easily can use it whenever its there to be useful to them.  Despite everything people not the product is what drives growth and value.

 
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February 26, 2025, 02:12:43 AM
 #19

For centuries, people have used assets like gold, real estate, and bonds to save their money. But with the rise of digital currencies, Bitcoin has become a new option.So, what makes something a good store of value? It should be scarce, durable, portable, and divisible. Bitcoin fits these criteria.
You have all these wanted specifications with Bitcoin.

The bullish case for Bitcoin has more information on these valuable specifications of Bitcoin and even more insights on Bitcoin potentiality and future.

This How is the 21 million Bitcoin cap defined and enforced? document can help you building up better knowledge about Bitcoin, its total supply, and stronger belief in this cryptocurrency.

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February 26, 2025, 11:30:07 AM
 #20

Bitcoin is just another great store of value to add to the list of the already existing assets before its existence and in the investment scene, Bitcoin have really won so many people over and it is still doing so, but I know that despite how good of an asset that Bitcoin have proven to be, we should not never have just invest all our capital on one asset the importance of having other investment can not be overemphasize.

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