I feel this is the most important reason that make people to invest and hold Bitcoin. They believe that holding it can lead to increase in value and a corresponding profits. So far, Bitcoin have not failed those who have this belief and confidence.
Every other reason for investing will just add to the viability of Bitcoin and constitute speculation. Someone can buy Bitcoin to use for payment due to the accessibility, speed and comfort that it offers... this does not qualify as investment. What I see as investment is buying with the target of making profits.
But some people wanted to save the erosion of their funds, which are in the form of fiat, so they tried to convert those funds (in fiat form) into another form (like gold), where the erosion due to inflation could be stopped. But many don't prefer to use gold as an alternative to fiat. due to a lot of reasons. One is that they don't want to convert all of their funds into a single form. They want to diversify it.Every other reason for investing will just add to the viability of Bitcoin and constitute speculation. Someone can buy Bitcoin to use for payment due to the accessibility, speed and comfort that it offers... this does not qualify as investment. What I see as investment is buying with the target of making profits.
There are real estate and other forms, but they are not that efficient due to the lack of funds and the high taxation. There, BTC comes in handy. It does not have the issue of lesser funds, we can buy a single satoshi, and there is no huge taxation either. We can easily carry it with us, unlike gold.
This shows that not everyone is looking for profits while holding BTC, but they did make a profit, and what's bad about that?
