Money Talk

Why invest in Bitcoin?

Submitted by Fazer, , Thread ID: 79642

Thread Closed
12-03-2018, 09:08 PM
This post was last modified: 12-03-2018, 09:08 PM by Fazer
#1
Hello, hi, it's Fazer. Today, I'll tell you why investing in Bitcoin. Just before, click on the "Subscribe" button to subscribe to my YouTube channel and not miss any video. Let's go ! So Bitcoin, you've heard about it, I do not present you Bitcoin. If you do not know, I invite you to go see what it is. Why invest today in Bitcoin? Should you invest or not? I give you my point of view. Obviously this is my personal point of view and always invest with caution please. Personally I think so, you should invest in Bitcoin for several reasons. The first, all stupid, is that it is a cryptocurrency that is really on the rise and crypto-currencies in general have the wind in their sails. Today, we are still at a fairly young stage and I think, I am pretty sure that it will develop. It is developing, we see every day, every week new applications, new businesses, etc. And so it's a bit like investing in the beginning of a business, the company is thought to be growing. If you invest in the beginning, you make money. You see if you had invested in I do not know Apple, Amazon, Facebook at the beginning and today that the box is huge, you would have made a very nice value so the Bitcoin is not a company, it is a currency but it is spreading, it is democratizing, there are more and more people using it, more and more applications. And so I think its value will increase. First reason. Second reason is a cryptocurrency that today has a strong upward trend, so it does not mean anything, it may drop but it's pretty connected with what I just said. As more and more people are adopting it, more and more people are buying it, and for many years now Bitcoin has gone up a lot. Today it is several thousand dollars and there is still a year or two it was a few hundred dollars, and there are still a few years before that, it was a few tens of dollars. And if it continues one day it may be a few tens of thousands of dollars or a few hundred thousand dollars. There are people who think that Bitcoin one day will be more than $ 500,000 for 1 Bitcoin while today it is about $ 4,000. So that's a strong trend that does not mean anything about the future but still. Next reason, why invest in Bitcoin? And quite simply there is a limited number and therefore the more it advances, the more it progresses, the more people will want to buy it and it is the law of supply and demand. Bitcoin is very often compared to gold, gold there is a limited amount. If you want to buy gold, you can not go find it in nature, it's very difficult, it's still very little and you have to buy it from someone else and so it is really the pure and simple law of supply and demand. The more buyers there are, the higher the price goes for gold. And Bitcoin is the same, they are finite, finite and fixed, there will never be more. Today it is still a little but it is estimated that around 2019/2020 it will not be created at all, it will be over. We already know the total sum: it will be 21 million Bitcoin and therefore from that moment, there will be more. If you want to buy a Bitcoin you will have to buy it from someone else. And of course, just by the fact that there are more and more people who want to buy Bitcoin, more and more uses, even by the fact that there are more and more human beings on earth, it's stupid but here it is. Well that's a fixed quantity with more and more people who want to buy, the price should increase further by 2019 / 2020. There is still plenty of time to buy and make an added value . Next reason why you should buy Bitcoin, well it's a currency that is not controlled by anyone and so today, it does not suffer inflation. We know that all states regularly rotate the printing press. The United States has done this in recent years, Europe has done in recent years, it creates inflation. And so your money is quietly in your bank account and he loses value even if you do not touch. So obviously, if you are a smart investor, you have invested somewhere and your money works for you but in the meantime, your euros, your dollars lose value while Bitcoin, he is controlled by no one . No one can issue one so there is no printing press, he is completely independent, he walks around the world and there is nobody
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RE: Why invest in Bitcoin?

#2
Bitcoin is a unstable thing so be careful. because you can lose everything

RE: Why invest in Bitcoin?

#3
Some time ago i invested in bitcoin but after few days i took off all the money as really it is like gambling, it is going up then down and you can't know if it will go up again or down, or how long bitcoin will be there

RE: Why invest in Bitcoin?

#4
12-03-2018, 09:58 PM
mcpoesen Wrote:
Bitcoin is a unstable thing so be careful. because you can lose everything

I think that little investments are ok, e.g 10 dollars, 25 dollars, ect, but investing your life savings into it (like some people have) is a terrible idea.

I think that btc will always go back up, it just requires time and patience.

RE: Why invest in Bitcoin?

#5
Bitcoin is not such a great investment anymore. Ethereum is the alternative if you're really looking to invest.

RE: Why invest in Bitcoin?

#6
its usefull for anonymous transaction and privacy. why govt should know

RE: Why invest in Bitcoin?

#7
is there any chance the bitcoin will be on top again?

RE: Why invest in Bitcoin?

#8
Cryptocurrencies are not ideal even as a concept. The password to the bitcoin wallet can not be restored, there are problems with equipment, hacker attacks, difficulties with regulators. All this adds to the headache. Mining has become increasingly complex, sooner or later every currency rests on the ceiling and plummeted in price.
It is literally money out of thin air. Bitcoin (Bitcoin: BITCOIN) is only to a small extent supported by consumption, the rest of cryptocurrencies are "tied" to bitcoin. The money not backed up is unreliable.
Traditional currency is also not backed up physically: the United States abandoned the gold-exchange standard in 1971. The power of the dollar is how many people believe it. This applies to any tradable currency in the world. But there are volumes of consumption and government reserves, the country's financial policy, the ratio of exports and imports and all this strengthens money much more reliable than popularity on the Internet.

RE: Why invest in Bitcoin?

#9
what is mean by biticoin and iam not knowing about the biticoin and i have intrest on know about the biticoin

RE: Why invest in Bitcoin?

#10
investing in bit coin is a good option, but there are more coins

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