Must everyone invest in Bitcoin?

[Fat_joeMD]

This is interesting, everyone must not but when you get to have the knowledge of Bitcoin, you will surely blame your self for not investing in Bitcoin. If I could remember some years back when I don’t have the knowledge of Bitcoin, a friend advised me to invest in Bitcoin but I feel it won’t really help fast but we the sudden increase in Bitcoin, I really blame my self for not taking the decision on time. Although I understand that there are other stocks like Gold, and others someone can invest on but to me Bitcoin is one of the highest everyone invest on.

[SmartCharpa]

Bitcoin is free for everyone, but it's not meant for everyone. Other than the fact that it is a personal choice, you also have to be prepared enough to invest in Bitcoin. Even as Bitcoin has the potential for high returns and shows a high level of attraction to investors, its natural volatility and risk mean it's not suitable for all investors. There are factors that should be considered before anyone invests in Bitcoin, like Risk tolerance, long-term goals, only most importantly, understanding the asset. All these factors should be considered if otherwise, you are not qualified enough to invest in the coin

This is one thing people don’t like hearing but it’s the truth, Bitcoin no be for everybody. Some people just jump in because they see price pumping on Twitter, but they do not even understand what they’re buying. And the moment small dip happens, they start shouting scam and rushing to sell.

Investing in Bitcoin needs a certain mindset… you need small patience, small understanding, and small tolerance for those crazy dips. If you do not have those three, you will just stress your life for nothing.

Bitcoin is for everyone, but at the same time e no be for everyone. One thing about Bitcoin investment be say is that if you have the money to buy, I mean say any amount of money you can afford to lose, you can invest. The reason why Bitcoin is still not for everyone be say some individuals are very weak, they no have the patience to endure any dips, and allow their emotions control them, any small shift in th market dem fit sell at a loss.

As long as say the person understands the value of Bitcoin, they can buy it, but, if an individual no understand that d long term investment dey very profitable than short term investment, then Bitcoin is not for them, these days, some people no dey bother to understand what Bitcoin really means, and when the price starts falling, they will be like Bitcoin is not what they think, and they are the ones who failed to invest the right way.

[ASloveapg]

I know that some people will say that everyone must not invest in Bitcoin but if you should ask me and i will tell that it is very necessary and important that everyone who has a bright future should invest in Bitcoin, since Bitcoin investments is about investing for the future, and also DCA strategy has make life easier for everyone or investors that wish to embark on Bitcoin investment with smaller amounts to start with and DCA strategy assure every investors that they will not lose whatever they will invest with and then you can attach your daily business too and it is not a bad idea of having a multiple investment that keeps pushing too.

DCA strategy has made it really easy for everyone to accumulation Bitcoin. Many folk say that Bitcoin is not for everyone. I also agreed with them when I did not know about this strategy. If you can meet your daily needs, you can also invest in Bitcoin. It is a simple equation. Many people will scare you about investing so that you cannot be rich compared to them. Because of their narrow-mindedness, many are afraid to start a great strategy like investing and most of them live poor lives and do not want to invest for fear of losing money.

Once those who understand the main benefits of DCA, they will start investing through this strategy without any hesitation. Only understanding is required, if an investor knows the correct understanding of the subject, he will undoubtedly be able to continue investing here with great interest. DCA strategy is especially suitable for those who are interested in investing despite having a low income. Research this strategy first, I believe that by researching, an investor will be able to understand very well how effective it can be.

[Chilwell]

Once those who understand the main benefits of DCA, they will start investing through this strategy without any hesitation. Only understanding is required, if an investor knows the correct understanding of the subject, he will undoubtedly be able to continue investing here with great interest. DCA strategy is especially suitable for those who are interested in investing despite having a low income. Research this strategy first, I believe that by researching, an investor will be able to understand very well how effective it can be.

So many people do not understand DCA strategies because if they do they will love to start it, from what the op said bitcoin is not for everybody, but only if they can realize THIS DCA strategies I think everyone will love to join but some of them doesn't have access to all this information, that is why they keep running away from it. They always believe that you have to have huge amount before you can be able to invest in Bitcoin not knowing that with the DCA strategy you can accumulate more.

I believe in future everybody will be looking forward to have Bitcoin because I believe it will continue to grow and gradually it will be attracted by everybody. DCA strategy is the answer to all this problem but I wish some of them we realize it earlier.

[Byebyebtc]

This is interesting, everyone must not but when you get to have the knowledge of Bitcoin, you will surely blame your self for not investing in Bitcoin. If I could remember some years back when I don’t have the knowledge of Bitcoin, a friend advised me to invest in Bitcoin but I feel it won’t really help fast but we the sudden increase in Bitcoin, I really blame my self for not taking the decision on time. Although I understand that there are other stocks like Gold, and others someone can invest on but to me Bitcoin is one of the highest everyone invest on.

Yes when you have good knowledge of Bitcoin it is better you take a step and start the investment because it will be very helpful in future.

Some people have the knowledge of Bitcoin but they don't really have good trust for it especially at this moment where the price is going down so hard.
So in Oder for you to have some level of trust for the coin I will advise to go to the past years and see how it the coin moves, no matter how it goes down it will still end up pushing up again.

[Makus]

No, everyone must not invest in bitcoin but should it comes to that in the future it's going to be one of the best investments choice everyone will be making. People that invest in bitcoin don't invest in because it's the only option of digital asset they've available to them, of course, there are dozens of investment options, but when wanting to invest into any asset there are particularities that would have to attract you which other supposed assets are lacking. When we look at limited supply, decentralised, a store of value and hedge over inflation and many more, these are features that bitcoin is known for, which many others so-called fiat related assets lacks.

Here's my thought on this, even if it's not compulsory for everyone to invest in bitcoin due to the possiblity of it becoming an important currency in the future it's wise to start accummulating as much as possible in order not to start when it becomes too expensive. Accumulating bitcoin has so much benefits and it is also going to help those that has no interest in it. when you are in a different country as a result of an emergency or something else having bitcoin is capable of making run financial transactions getting stranded. I don't think it is still a matter of interest anymore, it might get to a point where it would be important for everyone to have

[Mr_Brilliant$]

This is interesting, everyone must not but when you get to have the knowledge of Bitcoin, you will surely blame your self for not investing in Bitcoin. If I could remember some years back when I don’t have the knowledge of Bitcoin, a friend advised me to invest in Bitcoin but I feel it won’t really help fast but we the sudden increase in Bitcoin, I really blame my self for not taking the decision on time. Although I understand that there are other stocks like Gold, and others someone can invest on but to me Bitcoin is one of the highest everyone invest on.

This is true, because up till now, I feel that many of us look back sometimes and say, If only I knew about Bitcoin earlier…  When you finally understand what Bitcoin really is, you start blaming yourself a little because you realize how huge the long term opportunity was..

But the truth is, regretting does not change anything..  What matters is that you have the knowledge now and you are taking action with it. Bitcoin is not a quick profit shortcut, it rewards patience and long term thinking.
Gold and other assets are good too, no doubt. But Bitcoin just stands on another level entirely. Once you understand the fundamentals, it becomes hard to ignore.

[Pablo-wood]

No, everyone must not invest in bitcoin but should it comes to that in the future it's going to be one of the best investments choice everyone will be making. People that invest in bitcoin don't invest in because it's the only option of digital asset they've available to them, of course, there are dozens of investment options, but when wanting to invest into any asset there are particularities that would have to attract you which other supposed assets are lacking. When we look at limited supply, decentralised, a store of value and hedge over inflation and many more, these are features that bitcoin is known for, which many others so-called fiat related assets lacks.

Here's my thought on this, even if it's not compulsory for everyone to invest in bitcoin due to the possiblity of it becoming an important currency in the future it's wise to start accummulating as much as possible in order not to start when it becomes too expensive. Accumulating bitcoin has so much benefits and it is also going to help those that has no interest in it. when you are in a different country as a result of an emergency or something else having bitcoin is capable of making run financial transactions getting stranded. I don't think it is still a matter of interest anymore, it might get to a point where it would be important for everyone to have

Life has always been built on choices and decisions, the wise ones take advantage of opportunities and try to grab every slight opportunity they have to create a long lasting wealth flow. Everyone mustn't invest in Bitcoin there are other investments with low capital to higher reward ratio. One can start with such opportunities and when they have substantial amounts they can as well join the train of bitcoin investment if they so wish. For the patient ones they can start with small accumulations and before long they will be amazed at how far they have gathered.

[Achalugo BTC]

There's no doubt that Bitcoin is a worthwhile investment asset, but my question is: weren't there other valuable assets worth investing in before Bitcoin's invention?Yes there were and are still in existence.I did a research on the word "must" and from the Merriam Webster site I got diverse meanings of the word "must" and out of the diverse definition of the word I only picked two words "command" and "compel".
It is a wrong act to compel or command a person to do something out of their own will,when people are allowed to do what they find interesting to them nobody would be blamed when they start facing the consequences of their actions.I believed nobody here was forced to participate in the bitcoin industry and community.

Exactly, there are other things that people will also invest in it and still profit from it aside Bitcoin but if you forced one to do things against their will often result negatives that they will have to put the blame on you, that is why it's important for you to tell them about it but not to forced them, allow them to do things in their own will and at their own time, so that if things doesn't fall in place as they planned, they won't have to put the blame on anyone but themselves.
And, letting them or telling them everything about Bitcoin both the advantages and the disadvantages helps them to make the right decision that will be of value to them and to the society as well.

[Cityhunter34]

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.

There's no how everybody would invest in Bitcoin, it's not possible at all because Bitcoin required knowledge and understand and is also a long term process, and there are many people out there that doesn't want something they would invest for long without any profit, that's why we don't need to force someone into Bitcoin. Sometimes we often think we are doing good by forcing people that are not willing to invest in Bitcoin this is totally understandable because Bitcoin investment is not a get rich quick scheme and many people are just after the money they would make that's why they end up panicking.

[gracreavix]

There's no doubt that Bitcoin is a worthwhile investment asset, but my question is: weren't there other valuable assets worth investing in before Bitcoin's invention?Yes there were and are still in existence.I did a research on the word "must" and from the Merriam Webster site I got diverse meanings of the word "must" and out of the diverse definition of the word I only picked two words "command" and "compel".
It is a wrong act to compel or command a person to do something out of their own will,when people are allowed to do what they find interesting to them nobody would be blamed when they start facing the consequences of their actions.I believed nobody here was forced to participate in the bitcoin industry and community.

Yep, Not everyone body must invest in Bitcoin, and that is the whole beauty of it. It is something you choose because you understand it and you actually want to be part of it, not because someone is forcing you or trying to command you into it. Even before Bitcoin existed, people were already investing in different assets, gold, real estate, stocks, whatever worked for them and those things are still valuable today.

For me, I just feel like Bitcoin has proven itself over time, so it naturally attracts people who want a better store of value. But at the end of the day, everyone have their own interests and their own level of understanding. If someone does not vibe with Bitcoin or doesn’t want to take the time to learn it, then there is no point trying to push it on them.

[Dareo]

There's no how everybody would invest in Bitcoin, it's not possible at all because Bitcoin required knowledge and understand and is also a long term process, and there are many people out there that doesn't want something they would invest for long without any profit, that's why we don't need to force someone into Bitcoin. Sometimes we often think we are doing good by forcing people that are not willing to invest in Bitcoin this is totally understandable because Bitcoin investment is not a get rich quick scheme and many people are just after the money they would make that's why they end up panicking.

I think not everyone will invest in Bitcoin not only because of knowledge, not because of patience but because not everyone has the same financial goals. There are plenty of people who are looking for stability, for whom bank savings are sufficient. They are not interested in the fluctuation in the market. For them, safety is more important than profit. Another such thing is that not everyone views investment in the same way. Some like to think long term while others want to see what is there today. So something as volatile as Bitcoin is not going to be appealing to them.

Also, I believe pressuring someone if he doesn't want to has an opposite effect, because investment is a personal decision, if there is fear or discomfort, people cannot enjoy it if it is profitable. So if you interested then you should learn, if not that is better to not do it.

[liasbaa]

This is interesting, everyone must not but when you get to have the knowledge of Bitcoin, you will surely blame your self for not investing in Bitcoin. If I could remember some years back when I don’t have the knowledge of Bitcoin, a friend advised me to invest in Bitcoin but I feel it won’t really help fast but we the sudden increase in Bitcoin, I really blame my self for not taking the decision on time. Although I understand that there are other stocks like Gold, and others someone can invest on but to me Bitcoin is one of the highest everyone invest on.

In reality this should not be a matter of regret because now is a good time to invest in Bitcoin. If I could have started from the time when I learned about Bitcoin, I could have built a lot of wealth. If you consider the current time in terms of Bitcoin investment, its value is still very low because the value of this asset will continue to increase at a rapid pace in the future. There are logical reasons for the increase in price such as the increase in demand for digital assets worldwide, inflation eroding the value of real assets but since Bitcoin is a decentralized asset, the impact of inflation is less, the structurally low supply in relation to demand means that the price of Bitcoin is likely to increase further in the future.

In the future, a community will blame themselves for not buying Bitcoin at the current price because they think the current price of Bitcoin is high. Therefore, it would be wise to start investing without considering a specific time to buy Bitcoin.

[ejikeme24]

I think not everyone will invest in Bitcoin not only because of knowledge, not because of patience but because not everyone has the same financial goals. There are plenty of people who are looking for stability, for whom bank savings are sufficient. They are not interested in the fluctuation in the market. For them, safety is more important than profit. Another such thing is that not everyone views investment in the same way. Some like to think long term while others want to see what is there today. So something as volatile as Bitcoin is not going to be appealing to them.

You're right about this, majority of those that have different cash flow don't invest randomly because they feel that they have assets/ or business that is bringing steady profit so going into any investment or business that they know the price of the goods or assets isn't stable is typically a no no to them. More especially when they consider the time it would take before they can start taking profit from their Bitcoin investment they might not talk about it anymore, you know when you're used to making steady profit you hardly engage yourself in any investment that has to do with Long term unless they would want to invest it for future purpose probably for the next generation.

[Yeesha]

This is interesting, everyone must not but when you get to have the knowledge of Bitcoin, you will surely blame your self for not investing in Bitcoin. If I could remember some years back when I don’t have the knowledge of Bitcoin, a friend advised me to invest in Bitcoin but I feel it won’t really help fast but we the sudden increase in Bitcoin, I really blame my self for not taking the decision on time. Although I understand that there are other stocks like Gold, and others someone can invest on but to me Bitcoin is one of the highest everyone invest on.

Well, I really don't blame you for turning your friend down, that may be cause you were waiting for the right time, which is actually a good thing. And besides if you don't feel about something, or if you feel doubt about something is better to stay far away from that thing, to avoid stressing your mental health. May be the time you begin was the right time for you. Bitcoin is actually a good and interesting thing, but you will only love it if when/ if you know what it is, And also know how it works.

[Johnlomape]

This is interesting, everyone must not but when you get to have the knowledge of Bitcoin, you will surely blame your self for not investing in Bitcoin. If I could remember some years back when I don’t have the knowledge of Bitcoin, a friend advised me to invest in Bitcoin but I feel it won’t really help fast but we the sudden increase in Bitcoin, I really blame my self for not taking the decision on time. Although I understand that there are other stocks like Gold, and others someone can invest on but to me Bitcoin is one of the highest everyone invest on.

People wey dey put there money for Bitcoin na them know where the hand dey pain them. Investing is Bitcoin make sense well but when you mumu go carry all your money put for Bitcoin to impress people wey dey this community, your eyes go open to see say many wey dey claim say they get investment for Bitcoin no really get anything.

Investing make sense but e no go make sense when you put all your money for Bitcoin. If everybody they invest for Bitcoin, this one go make the market go up which fit increase the price of Bitcoin so that people wey wan sell watin dey get fit drop am and find where they go buy again.

[fredericktaylor]

This is interesting, everyone must not but when you get to have the knowledge of Bitcoin, you will surely blame your self for not investing in Bitcoin. If I could remember some years back when I don’t have the knowledge of Bitcoin, a friend advised me to invest in Bitcoin but I feel it won’t really help fast but we the sudden increase in Bitcoin, I really blame my self for not taking the decision on time. Although I understand that there are other stocks like Gold, and others someone can invest on but to me Bitcoin is one of the highest everyone invest on.

Well, I really don't blame you for turning your friend down, that may be cause you were waiting for the right time, which is actually a good thing. And besides if you don't feel about something, or if you feel doubt about something is better to stay far away from that thing, to avoid stressing your mental health. May be the time you begin was the right time for you. Bitcoin is actually a good and interesting thing, but you will only love it if when/ if you know what it is, And also know how it works.

When you buy Bitcoin with a long-term plan and hold it for the future with confidence, no matter how bad the market conditions are, you can expect to make a profit in the long term by patiently waiting for the right time. I believe that buy Bitcoin and holding it for the long term with confidence, an investor can reach his destination. This is the best time to buy Bitcoin because its price is currently very low. You have to increase your knowledge about Bitcoin with confidence and buy more and more Bitcoin with patience and by keeping a calm mind and waiting for a good time, big profit can be expected.

[abaeze]

Investment is an independent system where today's money, time or assets are invested in a place where additional profit or value growth can be obtained in the future. Therefore, investment is not a matter of forcing anyone, it is a matter of goodwill and ability. But investing in Bitcoin is a little different from investing in conventional assets, the reason for this is excessive price volatility.

The price of Bitcoin fluctuates very much, so not all categories of new investors invest now. But those who understand modern investment systems and have ideas about digital assets mainly invest in Bitcoin, because Bitcoin is digital gold, from here it provides good long-term profits, along with protecting money from inflation, future security, and overall financial freedom.

[Lida93]

Snip

Here's my thought on this, even if it's not compulsory for everyone to invest in bitcoin due to the possiblity of it becoming an important currency in the future it's wise to start accummulating as much as possible in order not to start when it becomes too expensive. Accumulating bitcoin has so much benefits and it is also going to help those that has no interest in it. when you are in a different country as a result of an emergency or something else having bitcoin is capable of making run financial transactions getting stranded. I don't think it is still a matter of interest anymore, it might get to a point where it would be important for everyone to have

Spending bitcoin directly by  purchasing an item from bitcoin receiving stores is not really simple as there ain't no many stores that accept payments in bitcoin making that an individual must have to convert or sell his bitcoin for fiat before able to buy anything. So the bitcoin may work in an emergency situation where there's available stores and businesses that accepts payment in bitcoin. For currency transaction take place there must be a receiver willing to receive and a sender.

[Grace333]

I think not everyone will invest in Bitcoin not only because of knowledge, not because of patience but because not everyone has the same financial goals. There are plenty of people who are looking for stability, for whom bank savings are sufficient. They are not interested in the fluctuation in the market. For them, safety is more important than profit. Another such thing is that not everyone views investment in the same way. Some like to think long term while others want to see what is there today. So something as volatile as Bitcoin is not going to be appealing to them.

You're right about this, majority of those that have different cash flow don't invest randomly because they feel that they have assets/ or business that is bringing steady profit so going into any investment or business that they know the price of the goods or assets isn't stable is typically a no no to them. More especially when they consider the time it would take before they can start taking profit from their Bitcoin investment they might not talk about it anymore, you know when you're used to making steady profit you hardly engage yourself in any investment that has to do with Long term unless they would want to invest it for future purpose probably for the next generation.

People wey get steady cash flow or business no too like anything wey price dey jump up and down, especially when dem know say dem fit put that money for another place wey go bring steady return. If money go lock for long time, dem go see am like wasted opportunity.

But the funny part be say, long term investments like Bitcoin na the kind thing wey dey protect wealth for future. Business fit slow down, economy fit change, but something wey you hold for long term dey act like backup plan. nor be because dem want quick profit, na just say e no urgent for dem now. most of dem wey really understand am no dey make noise. Dem just put small money inside quietly, not for today or tomorrow, but for future, retirement, or even for their children.