Must everyone invest in Bitcoin?

[GiftedMAN]

Everybody can't do same thing so there is no way every body can invest in Bitcoin, there are people that can't read or write how are they going to do it, there are others too who will believe it's a get rich quick scheme it is only those who has the knowledge and also have a discretionary income that can be invest since is a long time investment people can actually do well and are even doing well without investing in Bitcoin so every body can't invest.

Bitcoin investment dey open to all na sometimes wey everybody suppose embrace because e go make person get something good to use take care of himself and him family in future but e no mean say na only Bitcoin be the only investment wey person fit do to make profit but na wetin we don observe wey fit make person get better profit in future them comot better money invest for a long term.

Plenty people go get different things and options wey them wam invest and as you don talk no be everybody go invest but to the person wey do get the knowledge I no see wetin go stop you unless you no get money to invest.

[Showlove01]

I had a conversation with someone outside this forum and my choice of topic "Must everyone invest in Bitcoin" was his question, it's a nice question for someone that's willing to know about Bitcoin so I decided to bring it here to know the opinion of members of our Local board. 
 Well my own opinion and reply to him is that it's a matter of choice, Bitcoin investment is not forced on anyone, yes anyone can invest in it but must be willing and should have the necessary requirements to do so, moreover it's not the only investment option and there are lots of others like Real Estate, Gold, Stock, and even Commodities like agricultural, petroleum/natural gas, livestocks etc.
 However since Bitcoin is a modern form of investment, the best digital asset and has become a very reliable asset that can generate good profits for long-term it would be nice to seize the opportunity of investing in it as it's still very early compared to when the price would go higher in the future, hopefully.

I think the answer to the title of the thread is NO everyone must not invest in Bitcoin because it requires some knowledge and understanding that some people can not get easily, as a matter of fact so people are still scared of Bitcoin especially those that don't know what it is. Bitcoin is not all rosey so someone who doesn't have financial strength can not invest in Bitcoin and if they force themselves to..., they will definitely have loss and won't succeed and Bitcoin investment is all about commitment and dedication if actually you want to get a good return in years coming. Though one can still be doing Bitcoin investment while they are also doing other investment.

[Mr_Brilliant$]

There are lots of other assets that can give high ROI but if control over the assets we own is our topmost priority and at the same time we wish to invest in an asset that guarantees higher ROI over a long-term plan then I think bitcoin is the best option. But in real sense investing in bitcoin is not a must it's just a matter of priority.

E no be must for everybody to invest in Bitcoin. Like you talk, e dey depend on priority and wetin each person dey look for. Some people fit prefer land, stocks or even business wey dem fit control by themselves. Bitcoin just stand out because e give freedom plus long term value wey other assets no too fit guarantee..

But at the same time, no be everybody get the patience or understanding to hold am for long. So the main thing be make person invest for wetin e sabi and wetin align with him goals. Bitcoin na solid option, but choice still dey every person hand..

[DiMarxist]

I would actually say Bitcoin is a personal choice not a must, and kit just Bitcoin but any other investment platform, we actually need to understand that what favours the next man might not favour you everyone has his or her own way to success, cause in Nigeria today we see those who invest in Bitcoin as successful people, meanwhile we only hear about the good stories about investing and we don't hear the other part till we involve ourselves in it. Bitcoin investment actually has it own risk and any one who want to come into it must be ready to take risk, and gave knowledge of how it works, different wallet and security. Would say it's not actually for everyone most especially those who cat afford to take risk, not every one must trade just as you said there are other options like real estate or even starting a business, the problem with we Nigerians is that we are finding it hard to discover what is ment for us, we always want to go with what other people are doing without knowing everyone has his or her own grace.

[Mayor of ogba]

Everybody can't do same thing so there is no way every body can invest in Bitcoin, there are people that can't read or write how are they going to do it, there are others too who will believe it's a get rich quick scheme it is only those who has the knowledge and also have a discretionary income that can be invest since is a long time investment people can actually do well and are even doing well without investing in Bitcoin so every body can't invest.

I hope you know that Bitcoin was created for everyone in the world, and you saying that everyone can't do the same thing, which means that everyone can't invest in bitcoin, make it sound like Satoshi Nakamoto created Bitcoin for some certain persons in the world. Bitcoin is for everyone, but it's a choice to invest in bitcoin. People who can't read and write can invest in bitcoin if they have discretionary income and they decide to invest bitcoin, they can ask any of their family members to guide them on how to buy bitcoin from a decentralized or centralized exchange.

[Padi24]

I had a conversation with someone outside this forum and my choice of topic "Must everyone invest in Bitcoin" was his question, it's a nice question for someone that's willing to know about Bitcoin so I decided to bring it here to know the opinion of members of our Local board. 
 Well my own opinion and reply to him is that it's a matter of choice, Bitcoin investment is not forced on anyone, yes anyone can invest in it but must be willing and should have the necessary requirements to do so, moreover it's not the only investment option and there are lots of others like Real Estate, Gold, Stock, and even Commodities like agricultural, petroleum/natural gas, livestocks etc.
 However since Bitcoin is a modern form of investment, the best digital asset and has become a very reliable asset that can generate good profits for long-term it would be nice to seize the opportunity of investing in it as it's still very early compared to when the price would go higher in the future, hopefully.

I have come to a point that not everyone must invest in Bitcoin. Investing in Bitcoin or any crpytocurrency is not a must for everyone. It's a personal choice, often dependent on individual financial profits and investment plans.
Some people might consider investing in Bitcoin do to:
1. Improtance for high returns
2. Expansion
3. Interest in block chain system.
However, others might avoid it due to
1. High risk.
2. Regulatory risks.
3. Risk of important losses.
Before investing you have to consider all this:
1. Your financial situation
2. Risk tolerance
3. Investment profits
4. Research and insight
It's essential to make informed choices based on your special conditions.

[Mr_Brilliant$]

Bitcoin investment actually has it own risk and any one who want to come into it must be ready to take risk, and gave knowledge of how it works, different wallet and security. Would say it's not actually for everyone most especially those who cat afford to take risk, not every one must trade just as you said there are other options like real estate or even starting a business, the problem with we Nigerians is that we are finding it hard to discover what is ment for us, we always want to go with what other people are doing without knowing everyone has his or her own grace.

I understand your point, but I sha would not totally agree with you on the part of it is not for everyone..  Yes, Bitcoin has its own risks, but that is the nature of every valuable investment..   If someone truly wants to involve themselves with Bitcoin, then the best approach is not to run away because of the risk, but to learn and grow within the system..

Nobody starts out with all the knowledge about how the Bitcoin works, it’s something you pick up gradually with consistency..  The truth is, every form of wealth creation get e own risk attached, whether na Bitcoin, real estate, business, or stocks..  The key difference with Bitcoin is that it gives financial freedom and long term potential to those who Dey patient and willing to adapt.

So instead of saying it is not for everyone, I would say, it is for those who are willing to learn and discipline themselves…

[Tmoonz]

Everybody can't do same thing so there is no way every body can invest in Bitcoin, there are people that can't read or write how are they going to do it, there are others too who will believe it's a get rich quick scheme it is only those who has the knowledge and also have a discretionary income that can be invest since is a long time investment people can actually do well and are even doing well without investing in Bitcoin so every body can't invest.

I hope you know that Bitcoin was created for everyone in the world, and you saying that everyone can't do the same thing, which means that everyone can't invest in bitcoin, make it sound like Satoshi Nakamoto created Bitcoin for some certain persons in the world. Bitcoin is for everyone, but it's a choice to invest in bitcoin. People who can't read and write can invest in bitcoin if they have discretionary income and they decide to invest bitcoin, they can ask any of their family members to guide them on how to buy bitcoin from a decentralized or centralized exchange.

The thing is that Bitcoin shares the same investment opportunities for everyone actually but logically it only for those that have the interest to invest in Bitcoin and at the time have the means of to indulge in it, yes people who can't read and write can invest through the help of their close friend or relation, there is different between Bitcoin being created for everyone and not everyone can invest in Bitcoin or do the same thing, of course there no way everyone can invest in Bitcoin it is not something to be arguing no matter how good and relevance it is choices must be different including accessibility.

[Zackz5000]

Everybody can't do same thing so there is no way every body can invest in Bitcoin, there are people that can't read or write how are they going to do it, there are others too who will believe it's a get rich quick scheme it is only those who has the knowledge and also have a discretionary income that can be invest since is a long time investment people can actually do well and are even doing well without investing in Bitcoin so every body can't invest.

I hope you know that Bitcoin was created for everyone in the world, and you saying that everyone can't do the same thing, which means that everyone can't invest in bitcoin, make it sound like Satoshi Nakamoto created Bitcoin for some certain persons in the world. Bitcoin is for everyone, but it's a choice to invest in bitcoin. People who can't read and write can invest in bitcoin if they have discretionary income and they decide to invest bitcoin, they can ask any of their family members to guide them on how to buy bitcoin from a decentralized or centralized exchange.

Since it was created for everyone is it everyone that is accumulating Bitcoin? Yes it has been created for all but it is impossible for all to invest in Bitcoin, there are people who may not be interested to go into Bitcoin investment and prefer some other investment it's not only Bitcoin investment that can give profit in the future other investment dey too, there are also people who sees any thing online investment as a scam investment and may prefer to do some physical investment.

[Obim34]

However since Bitcoin is a modern form of investment, the best digital asset and has become a very reliable asset that can generate good profits for long-term it would be nice to seize the opportunity of investing in it as it's still very early compared to when the price would go higher in the future, hopefully.

Investing in Bitcoin should be a decision, if they don't see benefits of investing in Bitcoin then it shouldn't be a debate or attempt to convince anyone. Understanding the benefits of Bitcoin as an investment choice is well enough to anybody into making investments, most people refuse because they still lack proper knowledge. Bitcoin is meant for everyone but not all will accept it, people have choices to decide where they invest their resource.

[Ever-young]

Since it was created for everyone is it everyone that is accumulating Bitcoin? Yes it has been created for all but it is impossible for all to invest in Bitcoin, there are people who may not be interested to go into Bitcoin investment and prefer some other investment it's not only Bitcoin investment that can give profit in the future other investment dey too, there are also people who sees any thing online investment as a scam investment and may prefer to do some physical investment.

True t alk Zack, While Bitcoin be accessed by everyone, it doesn't guarantee the fact everyone has to invest in it. as a matter of fact, Bitcoin invest is meant for those who really understand and believes in the technology and future of the asset. Others who just delve into it might end up making impulsive decisions whenever the market is fluctuating or consolidating. These decisions could potentially lead to unintended losses, and that is why it is advised to first gain the basic knowledge before entering, and not just because you think that Bitcoin is a great investment and others are cashing out massivelt from it.

[Lolipo]

I think the answer is No, what we should understand is that something favours Mr A might not favour Mr B. It's all about personal decision and idea. Though some people might want to invest if they are properly enlightened about Bitcoin, Bitcoin is a nice investment but on how a novice is not properly tutored he might make a very big mistake when investing and thereby discouraging others not to invest. I have also had a one on one discussion about Bitcoin with a friend but he blatantly told me that Bitcoin is a ponzi schemes, so I started giving him instances which make him start understanding how Bitcoin works. So I think that it all depends on individual differences and who is teaching him or her. Bitcoin is a nice investment and I will advice people to start investing in and also invest wisely.

[Olatundespo]

I think the answer is No, what we should understand is that something favours Mr A might not favour Mr B. It's all about personal decision and idea. Though some people might want to invest if they are properly enlightened about Bitcoin, Bitcoin is a nice investment but on how a novice is not properly tutored he might make a very big mistake when investing and thereby discouraging others not to invest. I have also had a one on one discussion about Bitcoin with a friend but he blatantly told me that Bitcoin is a ponzi schemes, so I started giving him instances which make him start understanding how Bitcoin works. So I think that it all depends on individual differences and who is teaching him or her. Bitcoin is a nice investment and I will advice people to start investing in and also invest wisely.

Personally when you discuss Bitcoin with your friend, they will initially call it a Ponzi scheme. They did not have Bitcoin in their studies and they did not even try to see how Bitcoin works. How you convince your friend that Bitcoin is a great investment and how much he believes you are is also a consideration. If you tell a new investor who is just starting out with Bitcoin that you will get rich in a short time, they may follow you and be more enthusiastic about investing. Especially investors who trust you in terms of investment should be encouraged to invest in Bitcoin based on their own knowledge.

Recently I tell a friend about Bitcoin and recommendation him to research and review the history of the past years. The boy considered it very carefully and expected to jump into investing with great enthusiasm, but when he was told about long term accumulation, he was a bit confused.  But when he was told about the DCA method, he came back and already started Bitcoin.

I think instead of telling someone in detail about Bitcoin, you can simply recommend them to review the history of the past years. And tell them - do you want to stay in the traditional economic system or create your own financial system, if they don't want to be financially tied to inflation, then it's better for them to start Bitcoin now.

[programmer3666]

Everybody can't do same thing so there is no way every body can invest in Bitcoin, there are people that can't read or write how are they going to do it, there are others too who will believe it's a get rich quick scheme it is only those who has the knowledge and also have a discretionary income that can be invest since is a long time investment people can actually do well and are even doing well without investing in Bitcoin so every body can't invest.

I hope you know that bitcoin was created for everyone in the world, and you saying that everyone can't do the same thing, which means that everyone can't invest in bitcoin, make it sound like Satoshi Nakamoto created Bitcoin for some certain persons in the world. Bitcoin is for everyone, but it's a choice to invest in bitcoin. People who can't read and write can invest in bitcoin if they have discretionary income and they decide to invest bitcoin, they can ask any of their family members to guide them on how to buy bitcoin from a decentralized or centralized exchange.

satoshi truly & carefully designed bitcoin for everyone!! but as usual not everyone will choose to invest sha. some people don't have the basic the knowledge about it, some don’t trust it and others kind of prefer to invest in different assets. and again, the bitcoin ecosystem is designed in a way that even those who can not read or write can still participate if they have support from family or friends who understand how to use simple exchanges. but as usual it is all about personal choice and based on someone's personal financial priorities. bitcoin is surely open to all!!! but not compulsory so there is always a choice to invest in other digital assest.

[BitBakerr1]

Everyone most not invest in Bitcoin there are other investment that are available for people to go into, so is not a most to go into Bitcoin however it is important to know that Bitcoin investment is a very good investment that people should go into, I don't force people to invest in Bitcoin I only tell them how interesting and profitable Bitcoin investment is and if they choose to invest they invest if they don't is fine because at the end it is their gain and not mine or their lost and not mine, Bitcoin investment is something that is very good to go into because of how profitable it is, bitcoin investment is one of the best investment to go into especially if you want to invest in a long term investment you can just be accumulating Bitcoin and as time goes on in the future you will not regret investing in it because it will really benefit you financially.

[Cryptokuus]

Everyone most not invest in Bitcoin there are other investment that are available for people to go into, so is not a most to go into Bitcoin however it is important to know that Bitcoin investment is a very good investment that people should go into, I don't force people to invest in Bitcoin I only tell them how interesting and profitable Bitcoin investment is and if they choose to invest they invest if they don't is fine because at the end it is their gain and not mine or their lost and not mine, Bitcoin investment is something that is very good to go into because of how profitable it is, bitcoin investment is one of the best investment to go into especially if you want to invest in a long term investment you can just be accumulating Bitcoin and as time goes on in the future you will not regret investing in it because it will really benefit you financially.

Bitcoin investment no be for everyone especially those person wey be say then no get discretionary income. The best thing wey then go need na to make sure say then get a good cash flow because without a good cash flow management I no sure weda person fit get discretionary income to invest with. For this reason no be everyone supposed invest for bitcoin.

[Mate2237]

In as much as Bitcoin is one cool way one can make cash people should know that not everyone will be interested in it this world is one place were you have diverging options and the issue of Bitcoin is not different, what the OP should know is that Bitcoin is a new and modern business which alot of people are still struggling to come to terms with so you should not expect that everyone should follow you.



Investment in Bitcoin requires that you should get to understand the concept of what Bitcoin because Bitcoin is not like your other physical business this is an online business so understanding it first is key and most people don't have that time and patience to learn.

[Cgrexp]

I think the answer is No, what we should understand is that something favours Mr A might not favour Mr B. It's all about personal decision and idea. Though some people might want to invest if they are properly enlightened about Bitcoin, Bitcoin is a nice investment but on how a novice is not properly tutored he might make a very big mistake when investing and thereby discouraging others not to invest. I have also had a one on one discussion about Bitcoin with a friend but he blatantly told me that Bitcoin is a ponzi schemes, so I started giving him instances which make him start understanding how Bitcoin works. So I think that it all depends on individual differences and who is teaching him or her. Bitcoin is a nice investment and I will advice people to start investing in and also invest wisely.

Bitcoin investment is a truly personal matter. Without proper education and understanding regarding investment, there is a possibility of risk. For this, when someone starts investing, he must have the basic concepts of Bitcoin. When someone enters into investment and faces financial loss due to lack of knowledge regarding risk, that loss will have a psychological impact on him and he will want to withdraw from the investment. There is risk in investment but there is also opportunity. Therefore, for this reason, it is advisable to start with small amounts. When someone starts with small amounts in the DCA method, it is easier to learn and less afraid. On the other hand, his investment can also be continued continuously for a long time.

[Mpamaegbu]

Well my own opinion and reply to him is that it's a matter of choice, Bitcoin investment is not forced on anyone...

Na true u talk but na as many people here dey make am look like sey if persin nor invest in Bitcoin d persin nor dey wise. I know some people for dis space wey dey like talk down on those wey dey invest in altcoins but behind closed doors these ones are also investing heavily in altcoins. D hypocrisy for dis space nor be small. My own be sey anything wey catch ur fancy and fit give u enough ROI, make u do am. For those I coach, I dey remind dem sey na Bitcoin dey less risky compared to other crypto investments but Bitcoin investment nor fit give dem d type of profit wey altcoin investments dey give on short term; sometimes even on long term.

[GIF-JOBS]

However since Bitcoin is a modern form of investment, the best digital asset and has become a very reliable asset that can generate good profits for long-term it would be nice to seize the opportunity of investing in it as it's still very early compared to when the price would go higher in the future, hopefully.

Investing in Bitcoin should be a decision, if they don't see benefits of investing in Bitcoin then it shouldn't be a debate or attempt to convince anyone. Understanding the benefits of Bitcoin as an investment choice is well enough to anybody into making investments, most people refuse because they still lack proper knowledge. Bitcoin is meant for everyone but not all will accept it, people have choices to decide where they invest their resource.

You cannot force someone to invest in Bitcoin, they should definitely do this on their own, because not everyone has the same mentality and risk-taking ability, which means, let them decide for themselves, never tempt someone to invest in Bitcoin just by talking about success, they should make their own decisions by presenting all the facts well, because there is risk involved in everything, and Bitcoin will never guarantee success. Those who know about the possibilities of Bitcoin will be encouraged to invest in Bitcoin and decide to hold Bitcoin for the long term, so there is no reason to force them here.