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Author Topic: What got you interested in Bitcoin  (Read 21972 times)

Offline MRY

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Re: What got you interested in Bitcoin
« Reply #270 on: October 02, 2024, 07:25:14 AM »
Bitcoin is a popular digital currency and this currency can be traded and invested at the same time to earn profits due to all the important reasons to become so confident in Bitcoin. Bitcoin is the only reliable and risk free currency for long term investment. There is no doubt that Bitcoin alone will have all kinds of benefits in the future and Bitcoin will become the only accepted currency in the world in the future.
I agree with you, bitcoin is a digital currency that can be relied on for long-term investment because bitcoin has proven its increasingly expensive price and many people are starting to be interested in investing in bitdoin. Bitcoin as a pioneer of crypto, of course bitcoin is the main priority for investing in crypto.
Well, as you already know, Bitcoin has become quite popular among the investors because it has stable past and because people start to trust it being the valuable digital currency. OV Bitcoina Bitcoin is also poised to act as an asset with long-term value preservation and protection options based on the change in the world’s economic status quo. Being the first born cryptocurrency, Bitcoin continues to dominate the world of cryptocurrencies and is widely adopted in so many industries; that gives hope to those seeking a secure and decentralized means of invest.
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Re: What got you interested in Bitcoin
« Reply #270 on: October 02, 2024, 07:25:14 AM »

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Offline UNIVERSE

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Re: What got you interested in Bitcoin
« Reply #271 on: October 03, 2024, 10:39:33 PM »
I agree that we should have a real world job and crypto is just a side job to supplement our income. Participating in airdrops, bounties, trading are great ways to earn income, but I focus more on bounties and trading. because I have been doing trading for so long and earning income from trading.
It is a must, dude. We can't rely on crypto job only, including trading and investing in Bitcoin. We may get losses, we don't always get profits. It will be worse if we rely on airdrops or bounties, the income from these jobs are very unclear. I only think the signature paid in BTC is more clear. But we don't know how long this will exist in the forums.

Trading and investing must be the most convincing jobs in crypto. If we can have good knowledge and have a lot of experience, we can have higher chance to get money from these jobs.


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Re: What got you interested in Bitcoin
« Reply #271 on: October 03, 2024, 10:39:33 PM »

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Offline 36B

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Re: What got you interested in Bitcoin
« Reply #272 on: October 04, 2024, 06:51:09 AM »
I agree that we should have a real world job and crypto is just a side job to supplement our income. Participating in airdrops, bounties, trading are great ways to earn income, but I focus more on bounties and trading. because I have been doing trading for so long and earning income from trading.
It is a must, dude. We can't rely on crypto job only, including trading and investing in Bitcoin. We may get losses, we don't always get profits. It will be worse if we rely on airdrops or bounties, the income from these jobs are very unclear. I only think the signature paid in BTC is more clear. But we don't know how long this will exist in the forums.

Trading and investing must be the most convincing jobs in crypto. If we can have good knowledge and have a lot of experience, we can have higher chance to get money from these jobs.
Agreed, it is unadvisable to rely on jobs in crypto only, such as trading or investing, let alone airdrops and bounties that are generally unpredictable as of now. Leveraging which means that as you continue using an unstable source of income, you are likely to experience major loses in future especially when trading in crytocurrency. Although paid signatures in BTC may seem much safer, we also have to remember that the chance will not always be around forever.

But what is very encouraging of trading and investing is the higher possibility of making a very good profit if we really have a good grounding in trading and investing business. In my opinion, it’s better not to put all the eggs in one basket and have more than one type of job while working from the crypto world. As we continue to learn, the group’s skills and knowledge will increase, which translated to better decisions being made.
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Offline UNIVERSE

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Re: What got you interested in Bitcoin
« Reply #273 on: October 08, 2024, 10:53:38 PM »
Agreed, it is unadvisable to rely on jobs in crypto only, such as trading or investing, let alone airdrops and bounties that are generally unpredictable as of now.
Very true. Airdrops and bounties don't always give us good results. Many of them are scams, we can't rely on something uncertain like these jobs. It is better to consider other crypto jobs that may bring more certain income. Trading is one of them, it is even better than working at signature campaign paid in BTC.

But what is very encouraging of trading and investing is the higher possibility of making a very good profit if we really have a good grounding in trading and investing business. In my opinion, it’s better not to put all the eggs in one basket and have more than one type of job while working from the crypto world. As we continue to learn, the group’s skills and knowledge will increase, which translated to better decisions being made.
Trading and investing offer good profits but it is possible to get losses, too. Yes, we must diversify our funds, it is the way to get safer business in crypto. If we rely on a single crypto job, it may not work well. Diversification also creates a higher chance of getting profits in the future.


Offline summonerrk

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Re: What got you interested in Bitcoin
« Reply #274 on: October 17, 2024, 09:15:31 PM »
Bitcoin can accumulate momentum.
And it's like a test of experience for crypto, because many are used to seeing the result in the price reflection, not realizing that sometimes you need to read between the lines, and ... just believe. Bitcoin gives us a huge number of factors to study, and it's surprising when someone finds time to spend this time on other cryptocurrencies.
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Offline dekafee79

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Re: What got you interested in Bitcoin
« Reply #275 on: October 18, 2024, 10:22:20 PM »
Bitcoin can accumulate momentum.
And it's like a test of experience for crypto, because many are used to seeing the result in the price reflection, not realizing that sometimes you need to read between the lines, and ... just believe. Bitcoin gives us a huge number of factors to study, and it's surprising when someone finds time to spend this time on other cryptocurrencies.
I am interested in learning about bitcoin and crypto but only basic knowledge because I do not have the ability to be a dev. So learning about coins, projects, their performance and understanding the character of the coin when I decide to buy coins to hold and trade.

Offline pieppiep

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Re: What got you interested in Bitcoin
« Reply #276 on: October 19, 2024, 08:50:29 PM »
Bitcoin can accumulate momentum.
And it's like a test of experience for crypto, because many are used to seeing the result in the price reflection, not realizing that sometimes you need to read between the lines, and ... just believe. Bitcoin gives us a huge number of factors to study, and it's surprising when someone finds time to spend this time on other cryptocurrencies.
I am interested in learning about bitcoin and crypto but only basic knowledge because I do not have the ability to be a dev. So learning about coins, projects, their performance and understanding the character of the coin when I decide to buy coins to hold and trade.
Indeed, we can learn about Bitcoin, and other cryptocurrencies without the need to delve into technical development; the main focus is to understand the project behind each coin. The first thing we can do is go through the whitepaper or the coin description that was released to we get the aim and technological infrastructure of the coin. However, we can also turn to the information about the team that where they are currently at and who they are partnered with as well as the company’s plans for the future can all have an impact on the potential for the growth of the coin. If people have a clear understanding of the working and functioning of the coin as well as the use of the coin, and its requirements people can make informed decisions about investing in the coin or even holding the coin.

The second part of our analysis is the observation of the characteristics of the given specific coin, and it is necessary to observe the general dynamics of the crypto market. As widely known, the market sentiment, together with global macroeconomic factors and events, and trends in the world of cryptocurrencies can influence the price of a particular coin. By studying the market trends that prevail in the market today we are in a position to determine the suitable timing to purchase or sell coins. Continuing to monitor and follow main events in the sphere will bring us more understanding of market flow so that it will be easier to organize investments and cap trading operations in the future.

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Re: What got you interested in Bitcoin
« Reply #276 on: October 19, 2024, 08:50:29 PM »


Offline summonerrk

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Re: What got you interested in Bitcoin
« Reply #277 on: October 19, 2024, 10:18:38 PM »
Bitcoin can accumulate momentum.
And it's like a test of experience for crypto, because many are used to seeing the result in the price reflection, not realizing that sometimes you need to read between the lines, and ... just believe. Bitcoin gives us a huge number of factors to study, and it's surprising when someone finds time to spend this time on other cryptocurrencies.
I am interested in learning about bitcoin and crypto but only basic knowledge because I do not have the ability to be a dev. So learning about coins, projects, their performance and understanding the character of the coin when I decide to buy coins to hold and trade.

What I like about investing in Bitcoin is that even those who did not delve into the technical component but only invested, for example, in DCA, win. And thanks to the ATH update, it turns out that this is enough.
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Online Mia Chloe

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Re: What got you interested in Bitcoin
« Reply #278 on: October 19, 2024, 10:34:17 PM »
I am interested in learning about bitcoin and crypto but only basic knowledge because I do not have the ability to be a dev. So learning about coins, projects, their performance and understanding the character of the coin when I decide to buy coins to hold and trade.
The most common reason why people choose bitcoin investments in the form of long term hodling is because of its ease. Although there are a couple of risks that come with hodling too which are mostly security risks like phishing, hacks and scam, it's still easier to do than trading. Trading requires a nice level of technical analysis and knowledge that is the reason why most people stick with hodling.

Although hodling is far easier , not all coins are to be HODL because of so many pump dump volatile tokens and coins all over the market. Personally the best coin I'll advise some one to HODL is bitcoin. And that calls to say that bitcoin investment is one major thing that interested me most in bitcoin.
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Offline rizqillah

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Re: What got you interested in Bitcoin
« Reply #279 on: October 20, 2024, 02:28:43 PM »
I am interested in learning about bitcoin and crypto but only basic knowledge because I do not have the ability to be a dev. So learning about coins, projects, their performance and understanding the character of the coin when I decide to buy coins to hold and trade.
The most common reason why people choose bitcoin investments in the form of long term hodling is because of its ease. Although there are a couple of risks that come with hodling too which are mostly security risks like phishing, hacks and scam, it's still easier to do than trading. Trading requires a nice level of technical analysis and knowledge that is the reason why most people stick with hodling.

Although hodling is far easier , not all coins are to be HODL because of so many pump dump volatile tokens and coins all over the market. Personally the best coin I'll advise some one to HODL is bitcoin. And that calls to say that bitcoin investment is one major thing that interested me most in bitcoin.
I agree with your opinion the most suitable coin to hold is bitcoin, and we can probably add top altcoins to hold like ethereum and BNB.
Bitcoin as the king of crypto is always the top priority coin for investors to hold long term, because maybe they don't trade because trading requires knowledge, analysis experience and strategy so that most big investors have busy in their real world.

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Re: What got you interested in Bitcoin
« Reply #280 on: October 22, 2024, 08:05:53 PM »
I am interested in learning about bitcoin and crypto but only basic knowledge because I do not have the ability to be a dev. So learning about coins, projects, their performance and understanding the character of the coin when I decide to buy coins to hold and trade.
The most common reason why people choose bitcoin investments in the form of long term hodling is because of its ease. Although there are a couple of risks that come with hodling too which are mostly security risks like phishing, hacks and scam, it's still easier to do than trading. Trading requires a nice level of technical analysis and knowledge that is the reason why most people stick with hodling.

Although hodling is far easier , not all coins are to be HODL because of so many pump dump volatile tokens and coins all over the market. Personally the best coin I'll advise some one to HODL is bitcoin. And that calls to say that bitcoin investment is one major thing that interested me most in bitcoin.
I agree with your opinion the most suitable coin to hold is bitcoin, and we can probably add top altcoins to hold like ethereum and BNB.
Bitcoin as the king of crypto is always the top priority coin for investors to hold long term, because maybe they don't trade because trading requires knowledge, analysis experience and strategy so that most big investors have busy in their real world.
Although Bitcoin is usually believed to be the most valuable digital currency to store for the long term, there are a lot of dangers here. It is extremely volatile and highly sensitive to individuals’ emotions and opinions – it cannot be considered a safe investment, by any means. Besides, nearly all those altcoins, for instance, Ethereum and BNB have their chances but are also dependent on the technological and legal shifts that might significantly erode the value of the particular currency. For those investors who are not day trading and do not know when to exit the crypto assets, investing inexperienced can in fact be very dangerous. Large investors who are too passive can possibly lose out even in opportunities necessary for change where the market is changing so quickly.

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Re: What got you interested in Bitcoin
« Reply #281 on: October 23, 2024, 07:45:49 AM »
I agree with your opinion the most suitable coin to hold is bitcoin, and we can probably add top altcoins to hold like ethereum and BNB.
Bitcoin as the king of crypto is always the top priority coin for investors to hold long term, because maybe they don't trade because trading requires knowledge, analysis experience and strategy so that most big investors have busy in their real world.
That's true. If you are actually interested in holding for a long term then bitcoin is actually the best crypto currency in the market. Some altcoiners may decide to say Ethereum however I really think Ethereum's bullish ability is actually fading every now and then. Ethereum is still one of the best altcoins but I think the problem of infinite supply is part of the factors reducing the speed of its bull.

Bitcoin has a huge adoption rate and price that's one of the major reasons why it is a suitable investment for crypto in the long run. Sometimes I do see a couple of posts on X saying that solana has a nice potential but I usually coin it down to the idea of meme coins launched on the network.
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Re: What got you interested in Bitcoin
« Reply #282 on: October 23, 2024, 10:06:20 AM »
I agree with your opinion the most suitable coin to hold is bitcoin, and we can probably add top altcoins to hold like ethereum and BNB.
Bitcoin as the king of crypto is always the top priority coin for investors to hold long term, because maybe they don't trade because trading requires knowledge, analysis experience and strategy so that most big investors have busy in their real world.
That's true. If you are actually interested in holding for a long term then bitcoin is actually the best crypto currency in the market. Some altcoiners may decide to say Ethereum however I really think Ethereum's bullish ability is actually fading every now and then. Ethereum is still one of the best altcoins but I think the problem of infinite supply is part of the factors reducing the speed of its bull.

Bitcoin has a huge adoption rate and price that's one of the major reasons why it is a suitable investment for crypto in the long run. Sometimes I do see a couple of posts on X saying that solana has a nice potential but I usually coin it down to the idea of meme coins launched on the network.
You are right, a wise bitcoin investor knows when to enter and when to exit, many do this method for trading. but for those who want to buy now because the price of bitcoin is high, it is better to use the DCA method to add bitcoin to their wallet because by buying gradually we can increase the amount of bitcoin in the wallet. I don't have a large capital for investment, this method is very suitable for me.

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Re: What got you interested in Bitcoin
« Reply #283 on: October 23, 2024, 10:44:30 AM »
I agree with your opinion the most suitable coin to hold is bitcoin, and we can probably add top altcoins to hold like ethereum and BNB.
Bitcoin as the king of crypto is always the top priority coin for investors to hold long term, because maybe they don't trade because trading requires knowledge, analysis experience and strategy so that most big investors have busy in their real world.
That's true. If you are actually interested in holding for a long term then bitcoin is actually the best crypto currency in the market. Some altcoiners may decide to say Ethereum however I really think Ethereum's bullish ability is actually fading every now and then. Ethereum is still one of the best altcoins but I think the problem of infinite supply is part of the factors reducing the speed of its bull.

Bitcoin has a huge adoption rate and price that's one of the major reasons why it is a suitable investment for crypto in the long run. Sometimes I do see a couple of posts on X saying that solana has a nice potential but I usually coin it down to the idea of meme coins launched on the network.

Solana is known for being the biggest arena for memes, as well as good fees and future innovation going as far as creating some phones with their ecosystem intact on them.
As well as going forward with their new future validator client, Firedancer.

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Re: What got you interested in Bitcoin
« Reply #284 on: October 23, 2024, 01:19:55 PM »
I think everyone who answers this question will have one answer because nobody is interested to invest in fiat currency because it is not value but bitcoin is store of value. And people invest in bitcoin to make profit and that is the ultimate goal for all investors because nobody would like to invest in a business and lose from the business.

Though some people use it to hide their stealing funds and launder money. And some people because of the high cost of bitcoin to invest, choose altcoins to invest while some invest in altcoins to make quick money. And those who hide their money there probably politicians because of the decentralized nature of bitcoin.

Actually, there are many people who has no ideal about cryptocurrency, how it works, where to start, who to teach them about cryptocurrency etc, these set of people are still saving their earnings on Fiats
Also there are still places in world today where there are  limited internet access, I mean in the rural areas like in Africa, some part of Asia; the people on this areas still save on Fiats
Now, concerning money laundering, it is not that there were no money laundering activities before Bitcoin was invented, but I think many haters of Bitcoin, especially the Fiat wealth men/women had wanted to discourage crypto adoptions, there by tagging Bitcoin as a means of laundering money, and sponsoring terrorists groups but unfortunately, crypto was able to absorb those negative informations.
In a nutshell, before Bitcoin was invented, there were much terrorist activities, plus money laundering and stealing. These criminal activities has always been there, and various means has been used to hid money, Bitcoin was added because adoption is increasing globally.

 

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