Here are some tips on why I invested in Bitcoin.
1. Bitcoin is an asset: Bitcoin is an asset because it can grow from the point of purchase, especially when taken advantage of markets that are falling in orife or have fallen in price to purchase as well as rise in price to sell. With Bitcoin, you can start small and grow big.
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It is the most reason why people are joining Bitcoin. Many of people are interested in the potential price increase of Bitcoin, it can skyrocket when there is a bullish season. But we must understand that Bitcoin price won't always increase. There is time when Bitcoin price tends to decrease constantly. When we are in the bearish season, don't expect that the price of Bitcoin to increase constantly. So, be careful if you have a plan to buy Bitcoin during the next bullish season.
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2. Investors like bitcoin because it's different from the traditional financial system that's controlled and regulated by the government of such a country. With bitcoin and crypto in general, transactions are outside the control of anyone, entity, organization, or person.
Do you think Bitcoin is decentralized?
It is true that Bitcoin isn't controlled by the government. But they regulate the local market of crypto (local exchanges). In my country, if you sell-buy Bitcoin in an exchange, you will pay taxes for the government.