Post
Topic
Board Beginners & Help
Re: Reason for acquiring bitcoins.
by
DaNNy001
on 20/02/2024, 18:42:31 UTC
What is the essence of buying and hodling Bitcoin like is it to accumulate it till it attains ATH then we sell it off and wait for a dip and start buying and holdling again or just accumulate it and start using it as a digital means of exchange or are we going to continue till the 21 million Bitcoins have be mined, already 19 millions have been mined remaining 2 million because overtime, i have come across several topics about buy and hodl bitcoin so i actually wish to know the sole objective of acquiring bitcoins.
Why do people do anything in this world in the first place? The answer should be to get profits and thats what makes people go into Bitcoin purchase because of the high probability of people getting profits. Bitcoin is a medium that makes it so easy for people to get profits at a very high amount without doing much stress, the only factor is that one must know fully the basics of Bitcoin and you are good to good so tell me is that not enough for people to buy it?