Be honest

[Loyang]

My honest answer is no. I would not have invested in BTC if I were not getting anything in return. Everyone invests in Bitcoin for gains, and a very small number of users would use BTC for technological purposes. Most of us chose to become miners, investors, and traders because of the money and its economic benefits.

It helps us fight financial problems like inflation, and it protects our purchasing power from it too.

So, if BTC becomes as stable as the dollar, I might even sell it and hold gold.

Totally agree with you, it’s the ability to give value to people's money that make them choose Bitcoin so if wasn't a good store of value, people would've gone for other options, maybe invest in stocks like SPCX or other options, gold isn’t a bad idea too but we're grateful that Bitcoin isn’t like that and has the potential to progress better in future.

Honestly i might be forced to do same too, if it stops serving the purpose i choose it for then switching to another good option is the best thing to do.

People move towards those things from which they will benefit or benefit. If in the future something better than Bitcoin is created or becomes a better investment than Bitcoin and if the future of that object or coin is better than Bitcoin then everyone will move towards that. But at the moment it does not seem that it is possible to create something better than Bitcoin or that something better than Bitcoin can be created.

Bitcoin has become a much better asset than gold and silver. In the future we can expect much better results from Bitcoin than gold. Because everyone now wants financial freedom and wants security. Bitcoin is the best for this financial freedom and security

[Faisal2202]

Honestly i might be forced to do same too, if it stops serving the purpose i choose it for then switching to another good option is the best thing to do.

personally,  i wouldn't  invest in btc either if its price just stayed flat.

But at the moment it does not seem that it is possible to create something better than Bitcoin or that something better than Bitcoin can be created.

I agree with all of you, and everyone is here for profit, but there is a difference between this and other investment opportunities that could take over, as many came after gold when gold flatlined, but it does not mean they left gold. And I also did not say I would leave it completely, but partly I have to because I want volatility in the asset or demand that can make a profit, and there is loss too, of course.

But if Bitcoin flatlined like gold, many of us would still buy it and would not sell because it can still move up and down.

I might hold some in it too, but if Bitcoin were to flatline like gold, then which investment would we choose in that phase? Haha, that's a different question. Of course, I would put more into gold and less into BTC because gold has a stronger base than BTC in that phase, hypothetically speaking.

[uche6215]

Will you still be holding BTC if the price is fixed like a Stablecoin? Will you buy more to keep for the next generation if price neither increases or decrease, be honest, let me hear your thoughts.

Bitcoin's true value lies in its restricted supply and the fact that it's price isn't fixed.... That all goes away if the price is fixed.  Besides, Bitcoin would not stand a chance against other top stablecoins like USDT or USDC which are already fulfilling the role of fixed value digital assets.
That said, I'm pretty sure nobody would be willing to Hold Bitcoin if it has a fixed price.

[laijsica]

My honest answer is no. I would not have invested in BTC if I were not getting anything in return. Everyone invests in Bitcoin for gains, and a very small number of users would use BTC for technological purposes. Most of us chose to become miners, investors, and traders because of the money and its economic benefits.

It helps us fight financial problems like inflation, and it protects our purchasing power from it too.

So, if BTC becomes as stable as the dollar, I might even sell it and hold gold.

Totally agree with you, it’s the ability to give value to people's money that make them choose Bitcoin so if wasn't a good store of value, people would've gone for other options, maybe invest in stocks like SPCX or other options, gold isn’t a bad idea too but we're grateful that Bitcoin isn’t like that and has the potential to progress better in future.

Honestly i might be forced to do same too, if it stops serving the purpose i choose it for then switching to another good option is the best thing to do.

People move towards those things from which they will benefit or benefit. If in the future something better than Bitcoin is created or becomes a better investment than Bitcoin and if the future of that object or coin is better than Bitcoin then everyone will move towards that. But at the moment it does not seem that it is possible to create something better than Bitcoin or that something better than Bitcoin can be created.

Bitcoin has become a much better asset than gold and silver. In the future we can expect much better results from Bitcoin than gold. Because everyone now wants financial freedom and wants security. Bitcoin is the best for this financial freedom and security

If someone says that a better investment vehicle than Bitcoin will come to us, it may be less likely in the current context. It took Bitcoin about 15 years to become a store of value and it is still holding its value and is gradually gaining the trust of investors. All the ingredients for financial independence are inherent in this asset.

If you simply analyze why people are leaning towards holding Bitcoin, even though assets like gold or real estate are fairly stable, you will see that price volatility is one reason and institutional acceptance is another. Bitcoin is also popular for easy investment.

Banks advertise to protect your funds, but in reality you cannot enjoy financial freedom by keeping money in the bank because it is in the hands of a third party and you are not free to withdraw money independently.

[SPIDERMAN008]

Will you still be holding BTC if the price is fixed like a Stablecoin? Will you buy more to keep for the next generation if price neither increases or decrease, be honest, let me hear your thoughts.

Not sure if I will be so interested, Isn't it clear why institutions, governments, and every investor are investing in Bitcoin? It is because of the profits after a whole period of investment. Generating profits has always been the motivation for many adopters. If Bitcoin had a stable value, there would be no benefit in holding for the long term, investors are here because of profits, that's the main reason.

I agree with you. Because if bitcoin becomes like any other currency it will lose people's acceptance. And bitcoin price volatility creates an opportunity for people to make profit. After a long time the fixed supply of bitcoin and the increase in people acceptance will increase the price of bitcoin. And this works against the inflation of conventional fiat currency.

And people psychologically consider getting rewards in the future to be a very big issue. Because of this they are so interested in bitcoin. Now if the price of bitcoin becomes fixed like a stablecoin then people's motivation will be lost. The number of investors or traders will also decrease. Then there will be no difference between stablecoin, fiat currency and bitcoin. But realistically, I don't think bitcoin's price will ever stabilize. Because bitcoin has been running for so long depending on fixed rules. Since there is no change in the rules, the price volatility of bitcoin that was there from the beginning will still remain.

[Tiaramane]

One of the reasons I hold bitcoin is cause it is decentralized. It cannot be fixed or manipulated with the community collectively determining the value and keeping it as decentralized as it is. If that is taking out, it loses one of its major features.

Will you buy more to keep for the next generation if price neither increases or decrease.

You can just keep the actual currency or asset it is backed against if you have any desire to save some of it for the future. You can then analyze if that currency is worth holding long-term.

I totally agree, the decentralized nature of BTC makes it special and tbh that's one of the reason I'm holding it too. That's why when I see talks around regulation I feel this unease cause if it becomes regulated we will end up with another Fiat that is easily controlled by the gov.

[Tiaramane]

Will you still be holding BTC if the price is fixed like a Stablecoin? Will you buy more to keep for the next generation if price neither increases or decrease, be honest, let me hear your thoughts.

I have banking system problem before I found Bitcoin, I was so unhappy with how banks operates, so let's say that Bitcoin is a stable coin but it has decentralisation like it do right now I will be happy too.

Focus for profits will be on ETH but trust me I would keep holding Bitcoin as a stable coin or my safe space for my money like the banks, Bitcoin have made me realise that Banks no longer have the power to do as they see fit.

I had difficulty sending money to my brother living in another country before I got to know about BTC, I have been sending money easily for over 5 years now, no hilarious fees like using paypal, plus its fast and certain, now bank issues. So yeah I get your point.