Bitcoin Forum
June 29, 2026, 09:55:43 AM *
News: Latest Bitcoin Core release: 31.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: why are you investing in bitcoins? to preserve value or increase profit.  (Read 417 times)
Bigjoe33
Sr. Member
****
Offline

Activity: 574
Merit: 329



View Profile
June 27, 2026, 10:44:48 AM
 #41

Are you investing from the little you have just so that you can preserve it from losing its value, or are you investing from the excess that you have so that you can have some for tomorrow?

Anyone wey I do, I believe say I no get anything to lose because all na still the same Bitcoin matter. If I invest to fat profit later, I go enjoy am, if I also invest so dat my value go remain intact, na still for my pocket. Because even though say I invest to get profit, and the market price drop, I go still face the tension, and if I also just invest to avoid inflation and save my money, if the price still decline for market, my main money for still reduce. So, whichever one I do, when the price drop as in dey always fluctuate, or when in rise, I go still get the effect or advantage. So somehow, anyone we do, we are indirectly been part of the two

Crypto_Timothy
Full Member
***
Offline

Activity: 182
Merit: 102


KRIXND8UGORQ


View Profile
June 27, 2026, 03:00:10 PM
 #42

I do think for alot of Nigerians preserving purchasing power comes before making profit because inflation and currency depreciation make holding cash increasingly costly over time, so inn that sense, assets like Bitcoin will be seen as a hedge rather than just a speculative investment, but personally, I do believe the best approach is to have both objectives: first, protect the value of your money from inflation and second allow it to grow over the long term, so like if an investment doesn't immediately generate profit but still preserves purchasing power better than leaving cash idle, it has already served an important purpose, you get?  You have to understand why you are investing, because that purpose will shape your expectations and help you stay disciplined during market fluctuations.

Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!