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Author Topic: What got you interested in Bitcoin  (Read 21937 times)

Offline Mate2237

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Re: What got you interested in Bitcoin
« Reply #285 on: October 23, 2024, 04:51:09 PM »
Cut
Yes there are many people and many places like that on the earth. But let go back to the point of the topic. We are all interested to bitcoin because of it store of value and the decentralized system of the project. And if you explain well to some of those individuals in the rural areas, they will be interested to join the league but as you said network and finance might stop them to join.
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Re: What got you interested in Bitcoin
« Reply #285 on: October 23, 2024, 04:51:09 PM »

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Offline doc

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Re: What got you interested in Bitcoin
« Reply #286 on: October 23, 2024, 11:04:14 PM »

Yes there are many people and many places like that on the earth. But let go back to the point of the topic. We are all interested to bitcoin because of it store of value and the decentralized system of the project. And if you explain well to some of those individuals in the rural areas, they will be interested to join the league but as you said network and finance might stop them to join.
As long as there is an internet network, even villagers can invest in bitcoin and crypto. So if there is internet in their place, they should be able to learn about crypto and start investing. Because bitcoin and decentralized technology are very good and make us have financial freedom and of course investing in bitcoin will bring profit.

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Re: What got you interested in Bitcoin
« Reply #286 on: October 23, 2024, 11:04:14 PM »

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Re: What got you interested in Bitcoin
« Reply #287 on: October 24, 2024, 05:20:35 AM »

Yes there are many people and many places like that on the earth. But let go back to the point of the topic. We are all interested to bitcoin because of it store of value and the decentralized system of the project. And if you explain well to some of those individuals in the rural areas, they will be interested to join the league but as you said network and finance might stop them to join.
As long as there is an internet network, even villagers can invest in bitcoin and crypto. So if there is internet in their place, they should be able to learn about crypto and start investing. Because bitcoin and decentralized technology are very good and make us have financial freedom and of course investing in bitcoin will bring profit.
Well, we can deduce that in literacy and investment in the crypto the internet has opened doors for everyone including those in the rural areas. This has empowered us to control our finances directly and harness the virtue of market opportunities in the world market. When properly understood, it becomes possible to use cryptocurrencies such as bitcoin in the quest for stability and liberty in people’s finances. It is good news for anyone, regardless of where they live, to enjoy the possibility of contributing and benefiting the fast growing digital economy.

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Re: What got you interested in Bitcoin
« Reply #288 on: October 26, 2024, 09:12:19 PM »
Cut
Yes there are many people and many places like that on the earth. But let go back to the point of the topic. We are all interested to bitcoin because of it store of value and the decentralized system of the project. And if you explain well to some of those individuals in the rural areas, they will be interested to join the league but as you said network and finance might stop them to join.
I personally would keep on saying this...the main reason why most individuals who invest in bitcoin is is basically for profit maximization.Anything other than that are actually just minor additions.
Although,lack of finance and a non-well shaped mindset would also uinder individuals from investing in bitcoin.
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Re: What got you interested in Bitcoin
« Reply #289 on: October 26, 2024, 10:14:28 PM »
Cut
Yes there are many people and many places like that on the earth. But let go back to the point of the topic. We are all interested to bitcoin because of it store of value and the decentralized system of the project. And if you explain well to some of those individuals in the rural areas, they will be interested to join the league but as you said network and finance might stop them to join.
I personally would keep on saying this...the main reason why most individuals who invest in bitcoin is is basically for profit maximization.Anything other than that are actually just minor additions.
Although,lack of finance and a non-well shaped mindset would also uinder individuals from investing in bitcoin.
In investing in bitcoin we can use the DCA method, making gradual purchases. If our capital is small, this is very suitable for us. I also do that, making gradual purchases from my trading profits.
Everyone who invests wants to make a profit and bitcoin is a coin that is suitable for long-term holding.

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Re: What got you interested in Bitcoin
« Reply #290 on: October 27, 2024, 12:11:14 PM »
Cut
Yes there are many people and many places like that on the earth. But let go back to the point of the topic. We are all interested to bitcoin because of it store of value and the decentralized system of the project. And if you explain well to some of those individuals in the rural areas, they will be interested to join the league but as you said network and finance might stop them to join.
I personally would keep on saying this...the main reason why most individuals who invest in bitcoin is is basically for profit maximization.Anything other than that are actually just minor additions.
Although,lack of finance and a non-well shaped mindset would also uinder individuals from investing in bitcoin.
In investing in bitcoin we can use the DCA method, making gradual purchases. If our capital is small, this is very suitable for us. I also do that, making gradual purchases from my trading profits.
Everyone who invests wants to make a profit and bitcoin is a coin that is suitable for long-term holding.
The DCA method is a very profitable strategy for us, especially when we have little money to invest. This way of buying, we are able to avoid extreme price changes and accrue an investment portfolio over time. Trading profits also help us understand that unlike random automated trading, we have a very clear strategy in investing in Bitcoin. Thus, since Bitcoin is an object that can have growth for a long time, this strategy will allow us to fulfill the investment objectives more stably and steadily.
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Re: What got you interested in Bitcoin
« Reply #291 on: October 28, 2024, 06:02:36 AM »
The DCA method is a very profitable strategy for us, especially when we have little money to invest. This way of buying, we are able to avoid extreme price changes and accrue an investment portfolio over time. Trading profits also help us understand that unlike random automated trading, we have a very clear strategy in investing in Bitcoin. Thus, since Bitcoin is an object that can have growth for a long time, this strategy will allow us to fulfill the investment objectives more stably and steadily.
Yes, The DCA method gives us a solid and disciplined approach to investing, especially when we have little amounts of capital and indeed enable us to invest in Bitcoins on the basis of consistency. Such movement will allow us to fix more accurate long-term positions and avoid failures from erratic buying and selling. This strategy enables us to reach for investment goals more certainly and enduringly.

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Re: What got you interested in Bitcoin
« Reply #291 on: October 28, 2024, 06:02:36 AM »


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Re: What got you interested in Bitcoin
« Reply #292 on: October 28, 2024, 10:38:07 AM »
People who have been playing in the crypto world for a long time do not necessarily have Bitcoin and this is a fact.
Because I myself have been playing in the crypto world for almost 8 years, this is the first time I have assets in the form of Bitcoin, of course you all know where I got Bitcoin from.

So what coins do you have if you have been in the crypto world for 8 years if you don't have Bitcoin?

My question :
Do all members on this forum have assets in the form of Bitcoin?
And
What are the reasons that make you interested in investing in Bitcoin Apart from knowing that the price has increased every year?
Let's discuss togethers.

I already had Bitcoin even before I knew about this forum or other forums where many members here are also active in that forum because I knew about Bitcoin from a local forum while trying to find additional income by online.
Interested in Bitcoin because at first it was easy to get but the price was not as high as it is now, it can even be said that not many people expected the price to increase by more than thousands of percent from when I could easily get it through faucets
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Re: What got you interested in Bitcoin
« Reply #293 on: October 30, 2024, 12:54:06 PM »
People who have been playing in the crypto world for a long time do not necessarily have Bitcoin and this is a fact.
Because I myself have been playing in the crypto world for almost 8 years, this is the first time I have assets in the form of Bitcoin, of course you all know where I got Bitcoin from.
My question :
Do all members on this forum have assets in the form of Bitcoin?
And
What are the reasons that make you interested in investing in Bitcoin Apart from knowing that the price has increased every year?
Let's discuss togethers.

I love this thread I think it's an important question that should be asked, am happy that you did it, the thing is many people in this forum earn in Bitcoin but the major question is, are they hodling, though I know that the decision for someone that earns in Bitcoin to hodl is personal but its also a fact that for us to call ourselves bitcoiners, we should have the asset not on and off, i also understand why you said you have been playing in crypto world for sometime ago but thats by the way since you have finally decided to do the needful.

The truth is that there is no way all members of this forum will have Bitcoin asset because even though some to them earn in Bitcoin most of them may bring up some excuses why they decided not to be keeping their Bitcoin in their wallet to make it an asset which I see as a silly excuse because you must not withdraw all if you really want to have asset in Bitcoin, though things might not be easy but Bitcoin has shown a high level of appreciation in the price overtime and that alone should be a good encouragement for any one to leverage on in making Bitcoin an asset.
The reason I got interested in Bitcoin is because Bitcoin has a very secured technology thats decentralized and thereby making it impossible for any entity to control it, everyone one has a say not an individual or institutions only.
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Re: What got you interested in Bitcoin
« Reply #294 on: October 30, 2024, 03:17:51 PM »
Yes, that's right, everyone can invest in Bitcoin, the important thing is to have money to buy it, but even so, not everyone can buy Bitcoin or other coins, only people who understand crypto are interested in Bitcoin.
Yes, this is because,  it's one thing to buy bitcoin and it's another thing to know the right strategies to employ to avoid unnecessary losses, well except you're only buying bitcoin for the payment or purchase purposes or to make easy and cheap international transfers, but if it's for investment purpose, then it takes a person with a good knowledge of the market and one who really understands the ins and outs of the crypto market, else you may end up incurring unnecessary losses to yourself. Sometimes even those who have knowledge of the market could still end up with losses, which shows that no one is immune to losses when it comes to crypto investment because of the volatile nature of the market, so in order to play safe, one must only invest what he can afford to lose, so that when the losses come, it wouldn't have much impact on him.
Yes, it is something that must be owned or known by people who want to invest.
People prefer Bitcoin maybe because Bitcoin has great potential for the future or can provide large profits or profits.
Now Bitcoin has a high value but everyone is still interested in Bitcoin, the price of Bitcoin has now exceeded $70k is this a sign that the altcoin season will begin?

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Re: What got you interested in Bitcoin
« Reply #295 on: October 30, 2024, 03:22:27 PM »
The DCA method is a very profitable strategy for us, especially when we have little money to invest. This way of buying, we are able to avoid extreme price changes and accrue an investment portfolio over time. Trading profits also help us understand that unlike random automated trading, we have a very clear strategy in investing in Bitcoin. Thus, since Bitcoin is an object that can have growth for a long time, this strategy will allow us to fulfill the investment objectives more stably and steadily.
Yes DCA method is smart way to invest in Bitcoin especially if you do not have a lot of money. It helps protect you from big price changes and builds strong portfolio over time. This approach gives you control and clarity unlike automated trading. DCA also helps you avoid risks and grow your investments steadily. It offers many benefits including reduced risks and disciplined investing and transparency. Overall DCA is safe and effective way to invest in Bitcoin.
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Re: What got you interested in Bitcoin
« Reply #296 on: October 30, 2024, 11:25:57 PM »
Yes, it is something that must be owned or known by people who want to invest.
People prefer Bitcoin maybe because Bitcoin has great potential for the future or can provide large profits or profits.
Now Bitcoin has a high value but everyone is still interested in Bitcoin, the price of Bitcoin has now exceeded $70k is this a sign that the altcoin season will begin?
Well, Bitcoin’s current performance is indeed showing a tremendous amount of progress and this could only mean one thing, that’s the fact that if it continues like this for a little while it’s most likely to spike some sort of positive sentiments in the heart of investors, which has the potential to influence the future performance of Bitcoin positively in the long run, so I guess I can say yes, this could be a possible indicator that the altcoin season would begin pretty soon.

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Re: What got you interested in Bitcoin
« Reply #297 on: October 31, 2024, 11:55:30 AM »
Well, Bitcoin’s current performance is indeed showing a tremendous amount of progress and this could only mean one thing, that’s the fact that if it continues like this for a little while it’s most likely to spike some sort of positive sentiments in the heart of investors, which has the potential to influence the future performance of Bitcoin positively in the long run, so I guess I can say yes, this could be a possible indicator that the altcoin season would begin pretty soon.
Indeed, The current performance improvement of Bitcoin may have a more profound impact on the entire crypto market and increase investors’ confidence. The ability to attract attention might mean that along with the growing interest in bitcoin other cryptoassets can also expand as well.

While it is going like this, possibility to reach uptrend and have a chance for altcoins to gain have higher probabilities. The potential that altcoin season is about to start could begin with a net positive attitude toward bitcoin to provide for diversification and new growth opportunity in the cryptocurrency market as a whole.
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Re: What got you interested in Bitcoin
« Reply #298 on: October 31, 2024, 12:40:58 PM »
People who have been playing in the crypto world for a long time do not necessarily have Bitcoin and this is a fact.
Because I myself have been playing in the crypto world for almost 8 years, this is the first time I have assets in the form of Bitcoin, of course you all know where I got Bitcoin from.
My question :
Do all members on this forum have assets in the form of Bitcoin?
And
What are the reasons that make you interested in investing in Bitcoin Apart from knowing that the price has increased every year?
Let's discuss togethers.
Those who have been in the crypto world for a long time will find very few people who do not own Bitcoin. Almost everyone has bitcoins but some have more and some have less. For my part I hold some other popular altcoins including bitcoin, but my bitcoin income is part of income from altcoin forums and trading. My interest in Bitcoin continues to grow as Bitcoin continues to grow every year. I think I would have been more successful if I had been able to grow my investment by constantly investing in Bitcoin. Maybe people who don't know about Bitcoin won't want to invest in Bitcoin but everyone who knows about Bitcoin will get interested in Bitcoin and want to invest. Bitcoin is creating success for people in a way that may not be possible in any other medium. Perhaps this is why people are so quickly attracted to Bitcoin.
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Re: What got you interested in Bitcoin
« Reply #299 on: October 31, 2024, 12:52:01 PM »
Indeed, The current performance improvement of Bitcoin may have a more profound impact on the entire crypto market and increase investors’ confidence. The ability to attract attention might mean that along with the growing interest in bitcoin other cryptoassets can also expand as well.

While it is going like this, possibility to reach uptrend and have a chance for altcoins to gain have higher probabilities. The potential that altcoin season is about to start could begin with a net positive attitude toward bitcoin to provide for diversification and new growth opportunity in the cryptocurrency market as a whole.
Indeed. but nonetheless, it’s important to get your facts right before making any further investment choices, because this is only but a mere speculation from other investors, this may have been the trend in previous cycles, but as we already know, past performances do not always guarantee future results in all cases. Things might change, something might happen and the trend might rapidly change and take an unexpected turn and if you had already made any decisions based on the speculation, you’ll surely end up in losses. So before taking any leap of faith, it’s important to first conduct a proper research, get your facts right and if you’re convinced beyond reasonable doubt that it’s safe to delve in, then you can do so.

 

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