What motivates you about Bitcoin?

[L E G E N D A R Y]

Nah, I actually think anyone who's been investing in and holding Bitcoin long term already gets how it works, down to all its use cases. It's not like they only know the price.
People just talk about the price a lot more and rarely get into the other use cases, because that's what matters most to them.

And chasing profit isnt nothing wrong or shameful either, like Tamaperdana said. Everyone's just prioritizing whatever matters more to them, and I'd bet you're no different, right?

Well I’m not saying that it’s wrong for wanting to make a profit from investing in Bitcoin, because in the long run everyone wanna make a profit. But the most important thing should be not allowing your desire for profit become the sole reason for investing in Bitcoin or hodling it, because the market can get really volatile and price can go from this to this in an instant.

For me, I pretty much believe that understanding what I’m actually holding makes it a lot more easier for me to stay committed, especially when the price isn’t moving in my favour.

[Crypto_Timothy]

What makes me motivated about Bitcoin, i would say it is the fact that i can access opportunities that usually it would be beyond my reach or would require me having to travel long distance but just with my phone and good internet and of course good research, there are alot of opportunities i can tap into. The independence that comes with the knowledge one has after doing personal research on Bitcoin is enough reason to motivate someone to keep striving for more with Bitcoin.  

[Just Say]

Bitcoin is the main way to move towards the future, people will never be able to get rich by holding one currency. But by holding Bitcoin, you will definitely be able to eliminate economic shortages in the future and there will be much less risk. Holding Bitcoin is beneficial in all aspects because huge currency inflation will slowly eat up your money without you realizing it, so if you want to save your money, it is definitely possible to save it through Bitcoin and stay away from inflation.
Therefore, it is much more important to buy Bitcoin and save it for the future. This is the only good plan to eliminate future economic shortages.

Buying Bitcoin and saving for the future is very important because Bitcoin is considered the best asset not only because of its price but also because of its technical characteristics, financial security, and the fact that this currency gives people a way to transfer and hold value without the permission of a central authority. So you are also right this currency can eliminate economic deficit if invested for long term.

An example of actually holding bitcoin is profitable in every way is its limited supply the total supply of bitcoin is limited to 21 million so we should know that like normal currency the government can't print it at will which has established this bitcoin as a shield against inflation also there is a high return potential if bitcoin is held patiently.

[puloweh555]

What makes me motivated about Bitcoin, i would say it is the fact that i can access opportunities that usually it would be beyond my reach or would require me having to travel long distance but just with my phone and good internet and of course good research, there are alot of opportunities i can tap into. The independence that comes with the knowledge one has after doing personal research on Bitcoin is enough reason to motivate someone to keep striving for more with Bitcoin.  

Of course, everyone has their own motivation for investing in bitcoin, and yes, your motivation for Bitcoin makes a lot of sense. In today's digital era even with just a phone, the internet, and some self research, we can access and make transactions anywhere especially when traveling abroad, we don’t need to carry physical assets like we would with gold. 

Besides that, the appeal is very real right now because Bitcoin as an asset tends to increase in value unlike fiat currency which keeps getting drained due to inflation. And Bitcoin also allows us to have full freedom to control and protect our own assets without relying on a centralized system.

[Mate2237]

The first thing that motivates me about Bitcoin is the fact that it's decentralized, you have control over your assets without having to rely on a bank to save them for you, which means that as an holder you have total control. Bitcoin is the future and it has a lot of potential to increase exponentially. Looking at the amount Bitcoin started from years ago to where it is now is more than enough reasons to be motivated.


Bitcoin comes with a lot of opportunities, you don't only invest to make profit but with the experience you get from it you gain a vast knowledge on Blockchains, wallets and so many things about the crypto market. Those that take advantage of Bitcoin now would definitely be wealthy in the future, people that understands this have chose to remain consistent with it.

[jahead]

I bet that for most people here, whether they want to admit it or not, are interested in Bitcoin just (like me) because of its price growth. Period.  Of course, the first attraction is turning existing fiat into even more fiat, and maybe using it to buy real things or pay even in BTC.  Only after that comes the technical interest in the blockchain and I dont mean BTC specifically here, but how blockchain works in general. What also excites me personel about BTC is that no government or third party can control it, and the ability to take Bitcoin with me across borders just by memorizing my wallets seed phrase. That feels incredibly liberating. 

[endut15]

Being able to hold my own funds is the part that interests me most. Profit matters too, but I’m not sure the “profit rapidly” part fits with the long-term approach you mentioned. There’s no need to expect quick gains for Bitcoin to be worth paying attention to

[Sunshine1525]

Being able to hold my own funds is the part that interests me most. Profit matters too, but I’m not sure the “profit rapidly” part fits with the long-term approach you mentioned. There’s no need to expect quick gains for Bitcoin to be worth paying attention to

You just said my mind, like spending or saving my money without any third-party is given, like i can save any amount without being invited by the bank to answer queries of what am into or how i got the money, i just love the privacy/self custody that Bitcoin gives and that motivates me about using it.

The fact that i can put my money into Bitcoin and see it increase in value on the long run is also given, it's enough to motivate anyone to adopt Bitcoin for the purpose of investment with it.

[angrybirdy]

The thing that's compelling me about btc, to be honest with you, is the fact that it's a type of investment that could develop a lot more. Im into crypto since BTC was in the $980 or lower. checking its price today, I can say Bitcoin has successfully matured and those who invested and held their bitcoin back then are certainly glad that their holdings are now worth more, if they didn't sell them and they chose to hold for over 10 years.
Well, what really motivates me and all of us here? The value. Sometimes I'd thinking that if I would go back in time when btc has a low value, I would make sure to have a long term crypto buy and hold strategy.

[Sarah Jordan]

Freedom is what motivates everyone who invests in bitcoin. As it gives one total control over your wealth without too many procedures like our government banks does. Whereever one is you can operate it with just internet and keys.

Like you stated "understanding that bitcoin is volatile" is important because motivation without understanding the risk is dangerous. So avoiding guaranteed return promises, trading only what you can afford to loose and thinking long-term and not just chasing short pumps its better and In all patiece and understanding makes it work.

[danherbias07]

It's self-investment.

You don't need a manager to have it. You don't really need a financial advisor to start investing in it. All you have to do is decide for yourself if you really want to buy it or not. Then, you can go directly to an exchange to buy it and then keep it in cold storage. Easy to learn, user-friendly.

The motivation is my mistake in the past. I sold some of my Bitcoins back then, and I was very wrong because I didn't believe in it then. The frustration turned into motivation, and now I am trying to accumulate as much as possible for the future.

[Rhow]

I share my experience with the bank. I had a fixed deposit of 500000 BDT in the bank and kept it as my emergency fund. But sadly, that bank is almost bankrupt now. The bank is not able to give money to any customer. Because the bank has defaulted on a large loan. Now a customer can withdraw 15000 BDT per month. This means it will take me about 3 years to withdraw 5 Lac BDT. I am not able to withdraw my own money for my own needs.

After falling into this situation, I decided that I will never keep money in the bank in the future. In the case of Bitcoin, my Bitcoin will be completely under my own control. I can cash out my Bitcoin whenever I want. There is complete financial freedom here. That is why Bitcoin constantly motivates me.

If you kept it in Bitcoin, you would have self-custody. If you had the private key, no bank or institution could have held your money. This is certainly one of the big advantages of Bitcoin.

However, you say that you want to withdraw money for your own needs. This means that you need to keep your emergency fund and long-term investments separate. You cannot withdraw that money when you need it, which is certainly a problem. But the bank in which you kept the money was actually the money you needed. In the case of Bitcoin, although you can withdraw money whenever you want. But it is generally not recommended to put the necessary money into Bitcoin. Because during the price drop, you may be forced to sell it at a loss.