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Author Topic: Should Bitcoin be an investment or store of value?  (Read 11971 times)

Offline Astra

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Re: Should Bitcoin be an investment or store of value?
« Reply #30 on: November 02, 2020, 06:17:43 PM »
Bitcoin was created primarily as a means of payment and an alternative to the current financial system of payments. Like any money, it can also serve as a store of value. Until now, bitcoin is not used properly as a means of payment and this can lead to tragic consequences in the future. As a result, bitcoin will become unreliable as a store of value over time. Without its widespread use as a means of payment, its other functions will fade over time.

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Re: Should Bitcoin be an investment or store of value?
« Reply #30 on: November 02, 2020, 06:17:43 PM »

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Offline hair

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Re: Should Bitcoin be an investment or store of value?
« Reply #31 on: November 02, 2020, 06:50:06 PM »
I prefer bitcoin to be an investment for the short and long term. bitcoin is unique, if the real world of bitcoin is gold
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Offline pelana vreo

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Re: Should Bitcoin be an investment or store of value?
« Reply #32 on: November 03, 2020, 06:15:37 AM »
Bitcoin for investment and store of value have in common, that when the price goes up, Bitcoin holders will get a profit.
However, if one day Bitcoin is recognized by all countries as a legal payment, then there will be many people using Bitcoin to invest from a store of value.

Offline tervel

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Re: Should Bitcoin be an investment or store of value?
« Reply #33 on: November 03, 2020, 07:26:05 AM »
Bitcoin is many things to many people. Why people choose to own hold bitcoin depends on their circumstances and views of what bitcoin is today and what it could become in the future.

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Re: Should Bitcoin be an investment or store of value?
« Reply #34 on: November 07, 2020, 06:02:12 AM »
Yes, it is a good investment and store of value. From the early days of Bitcoin, proponents have made the case for the cryptocurrency being more akin to “digital gold” than simple digital currency. In recent years, this narrative has been echoed by many Bitcoin enthusiasts. The store of value thesis for Bitcoin argues that it’s  one of the soundest assets known to man. Proponents of the thesis believe that Bitcoin is the best way to store wealth such that it isn’t devalued over time.

Offline Oxumare

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Re: Should Bitcoin be an investment or store of value?
« Reply #35 on: November 07, 2020, 11:12:26 AM »
Big companies look at cryptocurrencies as an investment.If the purpose of investment is to profit, we, as traders or bounty hunters, aim to profit.Let me tell you the projects that a company has invested in recently.
Jump Trading (US Company): BTC, COMP, KEEP, HXRO, NMR, OXT and high amount of MKR and SRM

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Re: Should Bitcoin be an investment or store of value?
« Reply #36 on: November 07, 2020, 12:28:42 PM »
Bitcoin was conceived as a transactional currency without any central control but it has evolved both as an investment vehicle and store of value, especially for long term holders. I believe that as crypto get more acceptance by the wider population, the issue of sharp volatility will be reduced and BTC will be suitable for storing value.

But for now, it is used more as an investment instrument with the hope that the price will increase.
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Re: Should Bitcoin be an investment or store of value?
« Reply #36 on: November 07, 2020, 12:28:42 PM »


Offline Sentinel

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Re: Should Bitcoin be an investment or store of value?
« Reply #37 on: November 07, 2020, 02:09:08 PM »
I myself made this bitcoin an investment asset. Because there is always an increase. especially if we are patient in hold. then the benefits will be much higher. The key is to be patient.
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Offline ShadowCrypto

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Re: Should Bitcoin be an investment or store of value?
« Reply #38 on: November 07, 2020, 04:39:12 PM »
Both, Gold is a store of value and can also be an investment, I don't see any problem by Bitcoin being both.
Some people want to earn in short term and see BTC as an investment, all good.

Offline Paglamon

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Re: Should Bitcoin be an investment or store of value?
« Reply #39 on: November 07, 2020, 05:19:20 PM »
The value and prestige of Bitcoin has started to increase. Bitcoin is a wonder of the world. However, the coin is one of the best currencies. There is a lot of discussion and posting on the Bitcoin News Desk every day about the status of Bitcoin. Most users have the most speculation about Bitcoin. But I think it will improve day by day. Technologies will improve. Many new users will join the cryptocurrency market and various earning sites. As the popularity grows, so does the competition. So I think it won't take long for Bitcoin to improve.

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Re: Should Bitcoin be an investment or store of value?
« Reply #40 on: November 07, 2020, 06:35:02 PM »
The current Bitcoin price is approximate $15000. It is huge amount and it has the potentiality to reach at $100000. So i can say that bitcoin an investment or store of value.

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Re: Should Bitcoin be an investment or store of value?
« Reply #41 on: November 07, 2020, 06:49:11 PM »
I also think that bitcoin should be used as an investment instrument rather than a store of value. Because we don't know for sure about the future of cryptocurrency. Moreover, the cryptocurrency market is currently very volatile, and as market participants we must be careful.
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Re: Should Bitcoin be an investment or store of value?
« Reply #42 on: November 07, 2020, 06:51:41 PM »
It is possible for users to buy Bitcoin to get a share of assets and profits. This can be a good thing for any type of user. If Bitcoin is saved, it will definitely increase in price in the future. The value and prestige of this currency worldwide is many times higher than all types of coins. So I think if the bitcoin currency is saved for the future then a large part of the profit can come. The probability of this can be understood by reviewing the opinions of various experts. A few of their comments suggest that Bitcoin is definitely a currency of value.

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Re: Should Bitcoin be an investment or store of value?
« Reply #43 on: November 08, 2020, 11:13:21 AM »
The value and investment of my bitcoin accelerates everyone. I think this is understandable from the point of view of any investor. He is going to make the same kind of investment. Investing on Bitcoin in the market is very important and valuable. Because Bitcoin is one of the most valuable currencies in the market. There is no need to renew this currency to any new investor. However, investors have a lot of knowledge about Bitcoin. So investors succeed by investing in Bitcoin. They are successful investors they mostly invest in bitcoin.
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Re: Should Bitcoin be an investment or store of value?
« Reply #44 on: November 08, 2020, 02:07:32 PM »
There is a popular local saying "one man food is another man poison", that's what bitcoin is to some people. There are some people in this industry that will always buy BTC at every resistance. They don't just see as a store value to take profits on short term but as a future investment as better alternative to traditional instruments.
Personally, I invest and take profits when I fit and wait for another dip.
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