Is Bitcoin just another investment

[Odogwu-Blockchain]

Bitcoin is a multi purpose currency, it serves as an investment scheme, financial sovereignty as your friend said, cross border payment system, and many more to think of. It's more higher than what people even think of sef.

If you view it to be investment, you benefit through it, you view it as payment, the same benefits through it too, whichever way.

[Cryptomultiplier]

An investment is meant to keep you from going poor in the nearest future and from making you spend time and financial resources without thinking.
Yes, not only Bitcoin is a good investment, but for more privacy and individual control of your portfolio for long term, it is a wise option.
Even when you travel as a tourist to some locations, Bitcoin and crypto currencies as available can help you enjoy the best of your trip because it acts also as a currency in some parts of the world, but is preferred by some as long term investment to achieve a wealth breakthrough or achieve a goal noteworthy of.

[Adams0001]

I doubt if people hold bitcoin for just privacy purpose alone, bitcoin enthusiasts love the term freedom and this is also beneficial without seeking a third party instead. Bitcoin is an investment, due to high demand and value bitcoin is a top investment scheme, the friend in question is more concern about privacy not bitcoin as an investment but, holding bitcoin for a long term and expecting profit in return makes bitcoin an investment, I don’t understand the concept of the argument because bitcoin is clearly an investment choice aside financial freedom.

Bitcoin as gone far and he as help alot not only for transactions but even investment and making people be profitable in it. When they invested in it for long term. Bitcoin give more freedom and get access to your funds without anyone scamming you, except you try to share it with someone or you misplace your private key in a public place. Bitcoin is more then invest but you won't understand it if you don't get deep to it or make some research about it you will always find it hard to know how bitcoin benefits others. If you get experience about bitcoin firstly what you will comes to your mind is doing investment or trading because that is what will make you get benefits in bitcoin.

[liasbaa]

I am more comfortable with Bitcoin for investment but some traders show greed with Bitcoin. Expecting to get high profits in a short time. I know that Bitcoin is a store of value and in the future the value of Bitcoin will increase and many countries will buy Bitcoin as a strategic reserve. The active adoption of this digital asset by many countries in the world will increase the value of this digital asset even more.

I am accumulating Bitcoin as a digital asset. I will continue to buy until I reach my accumulation goal to reach a financially independent level.

[Nightwatchmare]

The idea of Bitcoin coming into existence was not for investment but Bitcoin came into existence to bridge the loop holes in the financial sector, but as people were holding Bitcoin for self protection of their money, overcoming inflation, and to send money to someone within a second, they found out Bitcoin is a coin that increases and decreases in price in the passage of time, so it became clearer to them that Bitcoin is very good for investment. Even if Bitcoin wasn't providing financial profits, i think a lot of people would still buy Bitcoin since Bitcoin prevents any government from having access to your money and implementing policies that will stop you from accessing your money anytime you want.

[Silikiem]

Bitcoin is capable of playing any role as far as financial markets are concerned. Bitcoin isn’t just about another investment because when it was created most people never knew or expected that Bitcoin will be this valuable in the future, so they ought to just have bitcoin to provide hedge against inflation. As they keep holding bitcoin many observed that it has the potential to increase and also go down at some point which means that if they keep holding for more years they probably will be in some sort of a profit. And so far I believe that majority now use bitcoin as an investment.

[Grace333]

I was in a heated debate with someone recently on if Bitcoin is an investment or something else. From that argument I learned some few things too. He was of the opinion that if I treat Bitcoin as just an investment or a means to make profit, I'm doing it wrong, and I was like ok then what is Bitcoin for if not to make profit, he said it provides him financial sovereignty, honestly I'm not gonna lie, I like that world and it's true.

But the truth is, if bitcoin wasn't providing some financial profits and reward, a lot of people won't be involved with it. If Bitcoin was just meant to keep off the government from your money, that alone won't be enough for most people. I know bitcoin could be a lot of things for anyone.

So my question is, to you is Bitcoin just another investment or not, if not what is it to you.

First I would like you understand that before the price of bitcoin started surging up when Satoshi was still active in managing bitcoin his sole aim was to provide an anonymous/decentralized payment system or currency as most people would put it. However people adopted because they saw and understood the importance of decentralization and that's when the price started increasing and people saw it as a store of value.
However the idea of profit making is the reason why so many persons are getting to adopt bitcoin nowadays  and also the reason why the government can't take their eyes off bitcoin and why they're forcefully implementing regulations on exchanges. If we focus too much on the investment part we'll miss the sole purpose why it was created and there is a saying that when the use of something is not know, abuse is inevitable.

[Rayyyking]

I was in a heated debate with someone recently on if Bitcoin is an investment or something else. From that argument I learned some few things too. He was of the opinion that if I treat Bitcoin as just an investment or a means to make profit, I'm doing it wrong, and I was like ok then what is Bitcoin for if not to make profit, he said it provides him financial sovereignty, honestly I'm not gonna lie, I like that world and it's true.

But the truth is, if bitcoin wasn't providing some financial profits and reward, a lot of people won't be involved with it. If Bitcoin was just meant to keep off the government from your money, that alone won't be enough for most people. I know bitcoin could be a lot of things for anyone.

So my question is, to you is Bitcoin just another investment or not, if not what is it to you.

I personally think the whole idea of creating bitcoin was to create a financial system for the future that would be so strong there won't be much downside, now this is my reason for saying that, most billionaires and millioniares who are heavy bitcoin investors always advice people to invest more into the system, because the more people are involved the stronger the coin is and thereby securing a financial future

[Y3shot]

So my question is, to you is Bitcoin just another investment or not, if not what is it to you.

Bitcoin is a valuable asset that can be invested in, and because of this, Bitcoin is a very good investment. Bitcoin is very profitable, and because of how valuable it is, it is an investment to pursue if you want to get a good profit in return.

Bitcoin can also be considered a store of value, into which fiat can be invested. Bitcoin is a long-term investment, and one of the features of a good investment is its long-term potential. Bitcoin is considered to be one of the best digital investments to pursue.

[Lembo69]

so they ought to just have bitcoin to provide hedge against inflation.

I agree with you that investing in Bitcoin provides protection against inflation. If an investor is active and aware in investing, then inflation cannot affect him much. Usually people invest in Bitcoin with the aim of making a profit. But making a profit alone should not be the only purpose of investing in Bitcoin.

Another important purpose of investing in Bitcoin should be to protect the value of your assets from the effects of inflation. Due to inflation, the prices of goods in the market are increasing day by day. When we hoard our fiat currency, we are actually pushing it into the face of inflation without our knowledge.

I personally see Bitcoin as a powerful way to avoid this inflation. Because in the future, Bitcoin can maintain or increase the value of our money in such a way that we have not really felt the loss of inflation.

[icebar]

Everyone knows that Bitcoin is not just for transactions. At present we see that most of the governments of the world have banned the use of Bitcoin. At this moment, if we are aware of the real purpose of Bitcoin and try to use it that way, then it is not possible at this moment. But people are aware of Bitcoin, and when it is legalized by the governments of all countries, there will be a big difference between the current price of Bitcoin and that time. There will be a huge difference between the current price of each Bitcoin and the price of the currency at that time. Those who are wise are not waiting for that day but are interested in increasing their holdings now so that there is a possibility of getting much higher returns from the investment later.

[ejikeme24]

But the truth is, if bitcoin wasn't providing some financial profits and reward, a lot of people won't be involved with it.

You might be right, and surely majority of the investors are only interested in their potential return they don't care to know if there's other things that Bitcoin has to offer or not, but I want to tell you that most people are not just holding Bitcoin for profit, most people seems to have forgotten that Bitcoin is not just about profit, Bitcoin is also created to serve as a hedge against inflation and also for freedom sake if you are a real Bitcoin investor this should be your major reason for holding Bitcoin even though they might decide to sell at some point to take profit but not their major reason why they are holding it.

[Felicity_Tide]

~snip

So my question is, to you is Bitcoin just another investment or not, if not what is it to you.

Satoshi actually called it a peer to peer electronic cash system, and as far as I'm concerned, it still fulfilling that duty till this day.
But along the line, it turned out to be a very good investment option, and I guess that has been a major recognition that most people has known Bitcoin for, which is not bad as well. To me, Bitcoin is both, and the world has learnt to accept it like that. If you've taken a look at Bitcoin's performance since it was created, I don't think anyone would want to hide the fact that it is indeed a very good investment option.

[JimaGod]

Bitcoin is a multi purpose currency, it serves as an investment scheme, financial sovereignty as your friend said, cross border payment system, and many more to think of. It's more higher than what people even think of sef.

If you view it to be investment, you benefit through it, you view it as payment, the same benefits through it too, whichever way.

Bitcoin have come to stay and have become a major investment for investors. We won't go back to trenches not when we've found a path not just any path but a solid one that will become very crucial in our growth in the market. We invest in bitcoin and try our best to invest with what we can afford to lose.

We don't need anyone crying over his or her investment been shattered when bitcoin experience any heavy dip. The market is not for everyone and the earlier we understand that, it can be really better. There's always a time for everything and now is definitely the time to explore the market and become very successful at it.

[Osiokwudiri]

"Bitcoin's a simple long-term play – hold tight and you'll likely win big. It's all about perspective: if you're in it for the long haul, it's an investment. But if you're trying to flip it fast, it's trading – and that often ends in losses. You get what you put in."

[Nwadiche]

I was in a heated debate with someone recently on if Bitcoin is an investment or something else. From that argument I learned some few things too. He was of the opinion that if I treat Bitcoin as just an investment or a means to make profit, I'm doing it wrong, and I was like ok then what is Bitcoin for if not to make profit, he said it provides him financial sovereignty, honestly I'm not gonna lie, I like that world and it's true.

Bitcoin was created to function as an alternative to fiat which means In the absence of fiat you can use Bitcoin as an alternative. This happen during financial crisis that lead Satoshi nakamoto to create Bitcoin. Financial sovereignty happen to be one of the core reason for creating Bitcoin. Free from government or third party interference and a seamless transaction without just P2P. But today it has grown from p2p or a payment system to an asset with monetary value that people buy and stack for making profit. Making it gradually becoming a manipulative asset. Bitcoin according to Satoshi was not soposed to be so, but today Bitcoin is gradually moving from decentralized to centralized because government and large organization are trying to have a higher shear in Bitcoin so that they can manipulate the market at will.