Bitcoin: The Most Beautiful Currency in the World

[SmartGold01]

Bitcoin has made us to understand the need for financial freedom and currently we are all enjoying the benefits even without us having to visit bank for any transaction. We understand that for long when bitcoin weren't launched we didn't see this coming and bank has indirectly making profit from people funds in their custody while returning peanuts to owners.

That's one of the most beneficial things about bitcoin, personally I feel very good when I use bitcoin and make any type of transaction with another person knowing that I'm paying for something, whether for purchases or similar, and that does not have the hand of a bank, or that it is approved by a fiat money system, this is very accommodating, I hope that as time goes by these types of payments will improve and make a difference, that more perosans adapt and like bitcoin more than using any other means of payment, this is little by little that all these areas will be taken over.

I can say with time because if you flashed back 10 years ago the rate of awareness of bitcoin weren't this high and people are fast accepting bitcoin couples with the fact that is another cool asset to invest on, over the years people has picked so much interest in bitcoin than the original purpose why it was created. They now focused on buy and hold instead of invest using it for transactions purpose, and again no one would ever see the rate at which bitcoin is growing that wouldn't want to invest in bitcoin because in every 4 years it creates new price level making it more attractive for more people to venture into bitcoin.

[Jamal Aezaz]

And vice versa, because we as cryptocurrency users must also be aware that the risk of loss is also very large because crypto assets are very volatile.

Buying bitcoin and holding it for the long term will provide a fairly good return when the purchase is made when the price is below the last ATH as it is currently still in a bear market.

In addition to bitcoin, some potential crypto assets such as ETH, BNB, SOL, LTC etc. can still be a pretty good choice.
You can also check out CMC's list of top cryptos to decide which crypto assets are the best.

This risk can be minimized if we keep holding during bear season to avoid loss but sometimes people choose wrong coins and hold it longer but such coins never achieve their higher value again because there are scam types of projects therefore not only holding but selection also have an impact on your victory.

Bitcoin holders will now be in profit because we have again visualized the pumping phase of bitcoin which became a cause of Bitcoin to hit 71k$ so if we choose top and worthy coins like Bitcoin then holding will not give us any risk but will increase our revenue otherwise holding scam project will just be a burden which will cause money loss for you.

Your mentioned coins are good and they are also an important source of income if you keep longer and these coins are in the category of top coins the success of which is sure if Investment is wisely carried out.

[ajiz138]

I can say with time because if you flashed back 10 years ago the rate of awareness of bitcoin weren't this high and people are fast accepting bitcoin couples with the fact that is another cool asset to invest on, over the years people has picked so much interest in bitcoin than the original purpose why it was created. They now focused on buy and hold instead of invest using it for transactions purpose, and again no one would ever see the rate at which bitcoin is growing that wouldn't want to invest in bitcoin because in every 4 years it creates new price level making it more attractive for more people to venture into bitcoin.

It's true, in the past when bitcoin was introduced, many people were doubtful about bitcoin, even thinking this was a new fraud scheme. But bitcoin continues to run and doesn't care what other people say, and we can see it now.

Bitcoin is a favorite for investors who invest in cryptocurrency, and bitcoin can even attract interest from large investors who ultimately invest in bitcoin. This has not been an easy journey, but Bitcoin has managed it.

[Rruchi man]

I can say with time because if you flashed back 10 years ago the rate of awareness of bitcoin weren't this high and people are fast accepting bitcoin

Both the bad and the good events surrounding Bitcoin have led to its popularity and created more awareness about it. People who did not get to hear about Bitcoin from a good side heard about it from a bad side and now they know the truth that the government mostly that spread the information about bitcoins being bad are either been jealous of it because of the potential it has to affect their financial system or because of lack of understanding about it.

They now focused on buy and hold instead of invest using it for transactions purpose, and again no one would ever see the rate at which bitcoin is growing that wouldn't want to invest in bitcoin because in every 4 years it creates new price level making it more attractive for more people to venture into bitcoin.

Bitcoin is serving better now for investment but later in the future I believe that the currency function will come into the effect and more people will start using it for transactions from one country to another or even within the country.

[SmartGold01]

I can say with time because if you flashed back 10 years ago the rate of awareness of bitcoin weren't this high and people are fast accepting bitcoin

Both the bad and the good events surrounding Bitcoin have led to its popularity and created more awareness about it. People who did not get to hear about Bitcoin from a good side heard about it from a bad side and now they know the truth that the government mostly that spread the information about bitcoins being bad are either been jealous of it because of the potential it has to affect their financial system or because of lack of understanding about it.

They now focused on buy and hold instead of invest using it for transactions purpose, and again no one would ever see the rate at which bitcoin is growing that wouldn't want to invest in bitcoin because in every 4 years it creates new price level making it more attractive for more people to venture into bitcoin.

Bitcoin is serving better now for investment but later in the future I believe that the currency function will come into the effect and more people will start using it for transactions from one country to another or even within the country.

Already people are using it for transaction purpose, although lot of people see it as something Worth for investment instead of transaction, and there's no doubt that when they see the progress of bitcoin it would push them to make investment instead of transactional purpose it could be turn only for investment which I believe lot of people would love to do than transaction only.

[alltalk]

It's true, in the past when bitcoin was introduced, many people were doubtful about bitcoin, even thinking this was a new fraud scheme. But bitcoin continues to run and doesn't care what other people say, and we can see it now.

I think it is normal if people doubt Bitcoin at that time. Bitcoin still didn't prove anything, it was no value at all. People want to see the proof first, they only believe it when they can see the proof. Now, when Bitcoin can prove it, people trust Bitcoin as a great asset. Even a country like El Salvador wants to make it as a legal tender now.

Bitcoin is a favorite for investors who invest in cryptocurrency, and bitcoin can even attract interest from large investors who ultimately invest in bitcoin. This has not been an easy journey, but Bitcoin has managed it.

Of course, Bitcoin is the number 1 crypto coin. Everyone wants to have crypto assets, they must prioritize Bitcoin as their main target. Bitcoin has regular halving in every 4 years, it always triggers the price to increase significantly. So people believe it, people can trust with Bitcoin because of the history of halving effects.

[MrSpasybo]

I think it is normal if people doubt Bitcoin at that time. Bitcoin still didn't prove anything, it was no value at all. People want to see the proof first, they only believe it when they can see the proof. Now, when Bitcoin can prove it, people trust Bitcoin as a great asset. Even a country like El Salvador wants to make it as a legal tender now.

Of course, Bitcoin is the number 1 crypto coin. Everyone wants to have crypto assets, they must prioritize Bitcoin as their main target. Bitcoin has regular halving in every 4 years, it always triggers the price to increase significantly. So people believe it, people can trust with Bitcoin because of the history of halving effects.

At any given time, investors always have both greed and fear for an asset, even if it is BTC at $70K. Some people are afraid that the BTC price will drop sharply in the next few months, others do not want to buy BTC at a high price, while others could have bought BTC at hundreds of $ few years ago. Investors who lack confidence in BTC will tend to choose ALTS or stay out of the market.

Even gold, an asset widely accepted on a global scale, is also a financial instrument that comes with investor debate. The same will happen to BTC in the future, even if BTC reaches $1M. This is completely normal in the market, so believers will continue to believe, skeptics will continue to doubt. In my opinion, from an investor's point of view, everyone who participates in the crypto market should have BTC in their account to ensure profits in each cycle.

[legend45]

Already people are using it for transaction purpose, although lot of people see it as something Worth for investment instead of transaction, and there's no doubt that when they see the progress of bitcoin it would push them to make investment instead of transactional purpose it could be turn only for investment which I believe lot of people would love to do than transaction only.

Yes, currently more people are buying bitcoin for investment purposes, not for transactions, because in my country the government has not approved bitcoin for transactions as a payment method, so I only use biycoin for investment.

[Mr. Magkaisa]

I can say with time because if you flashed back 10 years ago the rate of awareness of bitcoin weren't this high and people are fast accepting bitcoin couples with the fact that is another cool asset to invest on, over the years people has picked so much interest in bitcoin than the original purpose why it was created. They now focused on buy and hold instead of invest using it for transactions purpose, and again no one would ever see the rate at which bitcoin is growing that wouldn't want to invest in bitcoin because in every 4 years it creates new price level making it more attractive for more people to venture into bitcoin.

It's true, in the past when bitcoin was introduced, many people were doubtful about bitcoin, even thinking this was a new fraud scheme. But bitcoin continues to run and doesn't care what other people say, and we can see it now.

Bitcoin is a favorite for investors who invest in cryptocurrency, and bitcoin can even attract interest from large investors who ultimately invest in bitcoin. This has not been an easy journey, but Bitcoin has managed it.

         -    Until now, there are still many people who are doubtful about Bitcoin, even though they know and see that many millionaire institutional investors are interested in it, but their eyes are still closed to it because they still think it is a scam. 

But in reality, Bitcoin is the main favorite long-term investment in this era. It's really a big question that the rich don't hesitate to invest millions in bitcoin, and the others who are poor think that bitcoin is a scam and that they are blind and stupid. What a sad reality!

[Primo1760]

Already people are using it for transaction purpose, although lot of people see it as something Worth for investment instead of transaction, and there's no doubt that when they see the progress of bitcoin it would push them to make investment instead of transactional purpose it could be turn only for investment which I believe lot of people would love to do than transaction only.

Yes, currently more people are buying bitcoin for investment purposes, not for transactions, because in my country the government has not approved bitcoin for transactions as a payment method, so I only use biycoin for investment.

Yes nowadays most people are buying bitcoin just to invest. Right now no one is buying bitcoins to trade or sell. Bitcoin may not be legal in your country which is why you are not selling bitcoins but investing bitcoins but all countries where bitcoin is legal are not selling bitcoins right now are also investing bitcoins. Like Bitcoin is not legal in your country Bitcoin is not legal in my country but I have definitely invested in Bitcoin but I invest now I have invested in Bitcoin a long time ago and I still have a lot of success in my investment. I hope my investment will get more success in the coming days. Those who have not invested can invest as the upcoming bull market will start in the market very soon.

[SmartGold01]

Already people are using it for transaction purpose, although lot of people see it as something Worth for investment instead of transaction, and there's no doubt that when they see the progress of bitcoin it would push them to make investment instead of transactional purpose it could be turn only for investment which I believe lot of people would love to do than transaction only.

Yes, currently more people are buying bitcoin for investment purposes, not for transactions, because in my country the government has not approved bitcoin for transactions as a payment method, so I only use biycoin for investment.

The investment aspect is what that has captivated people's attention than the real purpose it was created for, so when people began to hear to the good news and testimony of others how they have invested in bitcoin and made series of profits from the bitcoin progression makes other wanna just invest and hold like others.

[ajiz138]

It's true, in the past when bitcoin was introduced, many people were doubtful about bitcoin, even thinking this was a new fraud scheme. But bitcoin continues to run and doesn't care what other people say, and we can see it now.

Bitcoin is a favorite for investors who invest in cryptocurrency, and bitcoin can even attract interest from large investors who ultimately invest in bitcoin. This has not been an easy journey, but Bitcoin has managed it.

         -    Until now, there are still many people who are doubtful about Bitcoin, even though they know and see that many millionaire institutional investors are interested in it, but their eyes are still closed to it because they still think it is a scam.

But in reality, Bitcoin is the main favorite long-term investment in this era. It's really a big question that the rich don't hesitate to invest millions in bitcoin, and the others who are poor think that bitcoin is a scam and that they are blind and stupid. What a sad reality!

Yes, things like this are still often found, even when bitcoin is at an extraordinary price, they are still doubtful and even consider it a scam.

In my opinion, people like this don't want to learn with the times, and they just walk in place and still think that something that is closely related to technology is still strange in their view. The reason is that if they want to learn, it will open their eyes to what kinds of developments, one of which is bitcoin.