Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is not needed but only for investment purposes
by
CODE200
on 30/10/2020, 22:41:55 UTC
Do we really need bitcoin?

Most of the members here will say yes but bitcoin is not needed unless you want to earn or lose your money.
Who would want to lose money in the first place?
Bitcoin has more advantages than being a form of investment. Convenience with transactions is something this technology is giving to its users but since there are still limitations of its usage, mjority of people are just looking in the perspective of it, being an investment. And I doubt once it is globally accepted as an alternative payment, people will still minly use it as means of investment.Its market value will not continue increasing, I do more anticipate a more stable market value in the future once mass adoption occured. Investing mhas risks, and investing into it is not by force. It is the decision of someone to engage with it. The price is indeed high but it doesn't need that much of an increase to generate profit. It is on the investor on how will he make things at its fullest.