Post
Topic
Board Bitcoin Discussion
Re: Why should you own at least one Bitcoin?
by
Kakmakr
on 07/08/2021, 08:22:43 UTC
Many people are considering how to invest in Bitcoin. My advice is: try to hold as many Bitcoins as possible. If you are not rich, you also need to hold at least one Bitcoin. If you don’t own one Bitcoin, It is possible that an entire era will be missed.

Why would I suggest this?

Because I think Bitcoin will rise to an unattainable price in the future. In fact, it is difficult to value Bitcoin according to traditional valuation systems and models. Because Bitcoin belongs to a completely different category of assets, I think a more accurate name should be "monetary assets". This is an asset with a very strong currency attribute, and it is also a currency with a very strong asset attribute.

It has become a consensus that the economic crisis will come back every once in a while. The reason for the financial crisis is very simple: both parties are greedy, investors' greed and bankers' greed. Greed is what it should be on Wall Street, it can almost be regarded as an obligation.

And when will the next round of crisis come? We don't know

Why do you need to hoard bitcoins, when Bitcoin (Lightning Network) is such a great payment system? You say the Banks are greedy, but you forget that people hoarding bitcoins are greedy too...right? The speculators in the Crypto currency scene could care less about the technology, because they are too focused on their profits.

If Bitcoin is built on "greed" ...then they will also fall like Wall Street and like the Banks, because you need people to create a use case for Bitcoin for it to survive. The use case is it being used as a "Currency" and not as a "Commodity"  Roll Eyes