Is Bitcoin just another investment

[OsaiEmma]

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.

[GIF-JOBS]

Bitcoin is a long-term investment, the matter is not as complicated as you are making it out to be, there is nothing to understand here, the whole matter is very simple, it is a long-term investment and holding it for the long term can bring us success with high probability, that's all. Generally speaking, for those who decide to hold it for the long term, it is a long-term investment, but there are some people who try to make short-term profits from it, for them it is not an investment. That is, it depends on how you take it, if you take it as an investment, it is an investment, otherwise it is trading for you, and this trading brings losses most of the time.

[Marvelockg]

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.

At the time bitcoin came into existence, no one actually saw bitcoin getting to where it is now and at the time, people invested because it provided them full ownership over Thier finance and not that they saw any potential in terms of profiting from bitcoin. Both as a medium of payment, a store of value,  an edge against inflation, and a source that gives users freedom over their funds.

Those that bought bitcoin for the profitability that comes with it still made profit from their investment and those that still invested because they needed to use it to store the value of their fiat still profited from it. At the end, regardless of the reason for owning bitcoin, as long as you own a particular chunk of bitcoin, you're eventually going to be profitable at it in the long run.

[OsaiEmma]

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.

At the time bitcoin came into existence, no one actually saw bitcoin getting to where it is now and at the time, people invested because it provided them full ownership over Thier finance and not that they saw any potential in terms of profiting from bitcoin. Both as a medium of payment, a store of value,  an edge against inflation, and a source that gives users freedom over their funds.

A noteworthy point, so Bitcoin is not just another investment then, but are their people that truly bought without having profit in mind as u have said here, like they just bought based on it's value, which full ownership and control of their wealth.

Cause yes you do have full ownership of your wealth if you store it in Bitcoin but in the now, is that really realistic, in the sense that, if you want to make use of it in the now, you have to most of the time change it to fiat which will be taxed by our today's government

[Hypnotizer]

Bitcoin is a long-term investment, the matter is not as complicated as you are making it out to be, there is nothing to understand here, the whole matter is very simple, it is a long-term investment and holding it for the long term can bring us success with high probability, that's all. Generally speaking, for those who decide to hold it for the long term, it is a long-term investment, but there are some people who try to make short-term profits from it, for them it is not an investment. That is, it depends on how you take it, if you take it as an investment, it is an investment, otherwise it is trading for you, and this trading brings losses most of the time.

Basically you’re talking from the perspective of an investor, I understand where the OP is coming from..we all know bitcoin is a very great technology and tool for freedom, Bitcoin was the first currency that paved the way for decentralization in this world and at the earliest stages of bitcoin it is basically not much of an investment but a currency people use for transaction…P2P transactions actually, until the first halving when the price started rising that investors start investing to Hodl for long or short terms.


Basically calling Bitcoin ‘Just an investment’ is like underrating some important aspect of bitcoin…

[Pablo-wood]

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.

If Bitcoin wasn't providing financial profit but still has it's original value and can be treated as a means of exchange for goods and services I believe more people would have divided deeper into using. Reasons been that they will keep the government off their financial obligations and take full responsibility for their assets. But we all know the world would have fought bitcoin harder than they have ever done because one thing the government will not want it's citizens to have is full control over their assets. They are scared they might lose influence over them if they do.

[Queen uloma]

I could remember when Bitcoin was established many of us didn't really engage on it, but if you check in today's society Bitcoin had become the biggest global investment asset, that isn't compare to any asset around the world today, Bitcoin is an investment, which help the unbank local communities that doesn't have banks to operate their transactions, it's also help people to save their money, especially in long-term investment, Bitcoin is successfully driven banks and other asset away because people are after something that's reliable and fast to operate.

[Jubilee58]

Bitcoin is a digital currency with multiple usage, it is an asset for investment, which means you can invest your money in bitcoin and expect profit on the long run. Bitcoin is also a digital currency that some people uses for exchange of goods and services. However, most people are involved in bitcoin because of it's ability to deliver good profit on the long run thereby saving people from inflation.

Investing in bitcoin for the purpose of making profit and and adding value to your investment is what makes Bitcoin appealing to investors and not merely for the purpose of savings.

[Joy_learns_crypto]

I could remember when Bitcoin was established many of us didn't really engage on it, but if you check in today's society Bitcoin had become the biggest global investment asset, that isn't compare to any asset around the world today, Bitcoin is an investment, which help the unbank local communities that doesn't have banks to operate their transactions, it's also help people to save their money, especially in long-term investment, Bitcoin is successfully driven banks and other asset away because people are after something that's reliable and fast to operate.

Bitcoin is for the unbanked, banked, local community, urban communities . Bitcoin doesn’t help people save their money because bitcoin is a digital currency/money, except you don’t believe in bitcoin that is when you may think otherwise. You own bitcoin and not saving your money in bitcoin.
Bitcoin is not driving banks and other asset away because bitcoin won’t do that, Silver and Gold has reach many all time high and I don’t see banks or asset like gold being driven away.

[Miles2006]

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.

[Yorubek]

Bitcoin decentralized digital asset of the future, Bitcoin has brought us financial freedom, by holding Bitcoin for a long time, we can protect our valuable assets from inflation in the future, Bitcoin has brought complete freedom to the general people, a large amount of money can be exchanged quickly in a very short time at a very low cost without depending on anyone else, by using Bitcoin, a user takes advantage of various opportunities that are not available in other assets.

Bitcoin decentralized no specific bank or government can control it, as a result, a user can completely control his assets, the government or bank cannot intervene. Bitcoin is a long-term asset. If we consistently buy it according to the right rules, hold it for a long time with confidence despite the instability of the market, then big profits can be expected in the future. I think holding Bitcoin for a long time not only helps to make money, but also helps people in many other ways.

[laijsica]

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

Your plan will depend on your perspective on Bitcoin. Satoshi founded this asset to create a sovereign financial system. He succeeded in his efforts and Bitcoin has become a special asset for investment.

With increasing demand and time, Bitcoin has become a store of value. You can establish Bitcoin as a sovereign financial system as a parallel to the historical financial system.

[Out of mind]

In my opinion, Bitcoin is not just an investment, and much more besides profit because Bitcoin is an independent currency. We know that Bitcoin is a resource for future generations that can provide every person with their financial freedom. Moreover, we already know that Bitcoin has gained popularity all over the world and we can predict that it will continue to do so in the future. Moreover, transactions with Bitcoin are very easy and convenient, and Bitcoin can protect the privacy of every person.
Again, if you invest in Bitcoin, there is no fear of inflation, but if you keep money in the bank or deposit it, there is a possibility of loss. In addition to investing in Bitcoin, people can help in many ways, including financial and privacy, which people always want, where Bitcoin provides it. So we can say that Bitcoin is not only the best in terms of investment, but also for your privacy and financial freedom, which will become more valuable in the future.

[Pi-network314159]

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 serves for both purposes and not only for one. if bitcoin is just for financial sovereignty as your friend said, people would have not invested in bitcoin the way they do now. in fact bitcoin would have not gain this massive adoption as it did right now if it where not for profit. lets not deceive ourselves but tell ourselves the truth, people invest more on bitcoin because of profit.

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.

actually financial sovereignty is the nature of bitcoin while investment is primary reason for it massive adoption. bitcoin investment is  generally to make profit, while financial sovereignty is another advantage.

[MisFoxie]

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

Imagine you live in a country where government is corrupted and they do any kind of crime but no one can stop them. They launder huge amount of money and also print unimaginable amount of money, what do you think that country's money value would be? Will they stay same as before, no. Peoples money will almost become worthless. But at that time you didn't put your money to a bank but in BTC with DCA method. Won't Bitcoin value be big? So I think we should invest in Bitcoin for that reason.

[OsaiEmma]

Bitcoin is a long-term investment, the matter is not as complicated as you are making it out to be, there is nothing to understand here, the whole matter is very simple, it is a long-term investment and holding it for the long term can bring us success with high probability, that's all. Generally speaking, for those who decide to hold it for the long term, it is a long-term investment, but there are some people who try to make short-term profits from it, for them it is not an investment. That is, it depends on how you take it, if you take it as an investment, it is an investment, otherwise it is trading for you, and this trading brings losses most of the time.

Basically you’re talking from the perspective of an investor, I understand where the OP is coming from..we all know bitcoin is a very great technology and tool for freedom, Bitcoin was the first currency that paved the way for decentralization in this world and at the earliest stages of bitcoin it is basically not much of an investment but a currency people use for transaction…P2P transactions actually, until the first halving when the price started rising that investors start investing to Hodl for long or short terms.


Basically calling Bitcoin ‘Just an investment’ is like underrating some important aspect of bitcoin…

Exactly my point, Bitcoin initially wasn't intended for as an investment, although it do have the potential since from it's mechanism it can serve as a store of value, I think that is exactly why it is being treated as an investment.

In my opinion, Bitcoin is not just an investment, and much more besides profit because Bitcoin is an independent currency. We know that Bitcoin is a resource for future generations that can provide every person with their financial freedom. Moreover, we already know that Bitcoin has gained popularity all over the world and we can predict that it will continue to do so in the future. Moreover, transactions with Bitcoin are very easy and convenient, and Bitcoin can protect the privacy of every person.
Again, if you invest in Bitcoin, there is no fear of inflation, but if you keep money in the bank or deposit it, there is a possibility of loss. In addition to investing in Bitcoin, people can help in many ways, including financial and privacy, which people always want, where Bitcoin provides it. So we can say that Bitcoin is not only the best in terms of investment, but also for your privacy and financial freedom, which will become more valuable in the future.

Spot on, in the early days, people engaged with it skeptically and conservatively, but seeing it's surge in price, it lead to FOMO which skyrocketed it's price, although the rate of increase we experienced in the early days will be difficult to see now and in the future because as the price keeps increasing, the steep for climbing keeps getting steeper making it difficult to climb.

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

Imagine you live in a country where government is corrupted and they do any kind of crime but no one can stop them. They launder huge amount of money and also print unimaginable amount of money, what do you think that country's money value would be? Will they stay same as before, no. Peoples money will almost become worthless. But at that time you didn't put your money to a bank but in BTC with DCA method. Won't Bitcoin value be big? So I think we should invest in Bitcoin for that reason.

I really don't see your point and how it relates to this thread, can u clarify

[Dr.Bitcoin_Strange]

Go and study the history of Bitcoin, the reason why Satoshi created Bitcoin, it's to serve as a means of direct p2p transaction without any third party involved, to give the common man freedom in his own finances, over the year, Bitcoin has grown to become a very soldid asset that it's value has grown amicably, which has been a point of interest for many people to enter into Bitcoin investment because they wants to also make profit. In both ways, Bitcoin is serving the purpose it was created for and also serving as a profitable investment options for many of us. We can already tell that Bitcoin has made some people to become millionaires.