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Author Topic: Should Bitcoin be an investment or store of value?  (Read 11798 times)

Offline expander

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Re: Should Bitcoin be an investment or store of value?
« Reply #15 on: October 29, 2020, 02:14:10 PM »
Currently bitcoin has become the only transferable coin of all altcoins. In fact, all altcoins can also be exchanged for Bitcoin. This of course shows that bitcoin is indeed the king of coins. Investing in bitcoin has also been known to be less risky than altcoins.

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Re: Should Bitcoin be an investment or store of value?
« Reply #15 on: October 29, 2020, 02:14:10 PM »

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Offline Hope4life

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Re: Should Bitcoin be an investment or store of value?
« Reply #16 on: October 29, 2020, 03:18:57 PM »
Bitcoin has high volatility, so many people use it for investment because of its fast changing value, therefore it is more suitable as a low-risk investment. It seems difficult for bitcoin to be used as a transaction tool because there are other cryptocurrenies that offer transactions that are faster, cheaper, and prices tend to be stable.

Offline svetlana

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Re: Should Bitcoin be an investment or store of value?
« Reply #17 on: October 29, 2020, 09:37:19 PM »
Bitcoin is equated to gold in the world of paper money. It has a huge amount of money invested in it and is more reliable than altcoins, but at the moment, Bitcoin is just an investment.

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Re: Should Bitcoin be an investment or store of value?
« Reply #18 on: October 29, 2020, 09:46:33 PM »
The main goal of Bitcoin is about being an electric currency. But we know that it is still not used as a payment tool in all countries in the world. However, it is no problem if Bitcoin to be a digital asset, it is also cool and attract people to know Bitcoin deeper. Maybe someday in the future that Bitcoin is legalized as the world's currency.

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Re: Should Bitcoin be an investment or store of value?
« Reply #19 on: October 29, 2020, 10:29:26 PM »
To a certain extent i think it all depends on the mindset of each and every individual. But on a normal level, as a trained and qualified trader; you would understand that bitcoin cannot be a store of value because of its high volatility; instead bitcoin is an investment avenue or venture.

If you seek a store of value; then you can look towards gold or stable coins; who retain value over a long period of time. But with bitcoin there are several uncertaintities.

Bitcoin can be $13k today and $10k tomorrow; do what suits you but always do your own research.

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Re: Should Bitcoin be an investment or store of value?
« Reply #20 on: October 29, 2020, 10:44:56 PM »
For me personally, I will prefer using Bitcoin as a very good investment, long and short investment is accepted. And what do you think of store value? As long as we kept it and it can be one of the ways, we may not worry whether it is for investment or stock value. At least, this is very trusted and also worthy to have

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Re: Should Bitcoin be an investment or store of value?
« Reply #21 on: October 29, 2020, 10:59:40 PM »
To be a digital asset for investment isn't bad, I think it is good enough. Bitcoin shouldn't be a currency, being a digital asset for investment is already a good achievement in my opinion. We need a crypto coin like Bitcoin to be a great asset. It has big volatility, it has risks, but it has a big potential for bigger profits.
« Last Edit: October 29, 2020, 11:02:46 PM by Prime »
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Re: Should Bitcoin be an investment or store of value?
« Reply #21 on: October 29, 2020, 10:59:40 PM »


Offline mohdelayo

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Re: Should Bitcoin be an investment or store of value?
« Reply #22 on: October 30, 2020, 12:40:09 PM »
How is about both of them? Bitcoin can be  a very legit and worthy investment, both for the long term and also short term investment. BTC also has great value for daily trading. It is said also that BTC becomes a good store value as a precious thing to have

Nailed it mate, you hit your point right on the spot. I have the same opinion as you do.

Offline tonymillions84

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Re: Should Bitcoin be an investment or store of value?
« Reply #23 on: October 30, 2020, 12:52:33 PM »
i think it can serve both purpose. as an investment and also a store of value. long term aspect, it stands as a store of value. investment aspect, people can buy and hold for the future. as long as investment is all about making profit after a long term. it is recommended for people to invest and try bitcoin.
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Offline Black ID

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Re: Should Bitcoin be an investment or store of value?
« Reply #24 on: October 30, 2020, 12:55:11 PM »
Bitcoin is indeed the only coin that transfers and accepts transfers to all types of altcoins. And this is of course a positive for bitcoin itself. Many ordinary people say that bitcoin is too risky. But for crypto players of course they know that bitcoin is a coin that is quite stable and has great potential.
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Re: Should Bitcoin be an investment or store of value?
« Reply #25 on: October 31, 2020, 03:00:54 AM »
Bitcoin is the best online Crypto in the world cryptocurrency market and it already accepted cryptocurrency. Many devolved countries are using bitcoin as their transaction system. Many giantantic investors, insurance, institutions, organisations investing bitcoin. So i think bitcoin is the best investment platform.
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Re: Should Bitcoin be an investment or store of value?
« Reply #26 on: October 31, 2020, 09:25:57 AM »
Currently bitcoin has become the only transferable coin of all altcoins. In fact, all altcoins can also be exchanged for Bitcoin. This of course shows that bitcoin is indeed the king of coins. Investing in bitcoin has also been known to be less risky than altcoins.
I have not made a transfer of coins in bitcoin for a long time, since transactions are expensive and transactions take a long time. Bitcoin can only be used as an accumulation. But you don't need to make purchases and sales through it.

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Re: Should Bitcoin be an investment or store of value?
« Reply #27 on: October 31, 2020, 09:33:13 AM »
Satoshi Nakamoto's goal to make Bitcoin a digital currency has been realized, several countries have accepted payment using BTC and if one wants to own BTC for investment and compare it to gold, then he will receive high returns, because the more people want BTC, then the price these coins will go up quickly.
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Offline Crypto Guard

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Re: Should Bitcoin be an investment or store of value?
« Reply #28 on: October 31, 2020, 02:34:41 PM »
By being a risk-free investment, I think bitcoin will lose its trademark. However, it will indeed attract more and more people. In fact, it could be that eventually this bitcoin becomes legal. And I think that currently bitcoin is indeed a coin that can be exchanged for all types of altcoins.
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Offline Michael.sol

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    Third year Anniversary 10 Posts First Post
Re: Should Bitcoin be an investment or store of value?
« Reply #29 on: November 02, 2020, 06:00:42 AM »
Both investment as well store are beneficial . If we have good amount of bitcoin then we can hold it trusted website who provide daily basis interst ( like freebitco.in ) . We can also used bitcoin for staking and mining purpose I also store some capital in bitcoin for a longer investment coin . I recommend holding is best for newbies .

 

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