Quote from: laijsica on February 27, 2025, 05:52:56 AM

Quote from: Hazink on February 26, 2025, 10:20:54 PM

Quote from: Rhow on February 26, 2025, 04:18:51 AM

I have been researching for a few days and have understood a lot. And many things are now known to me.

I have seen many people insist that investing in Bitcoin will not harm you. You will always benefit. Many people also say that investing in Bitcoin may lead to legal action. But why? Is Bitcoin really so harmful?

Bitcoin is not harmful, although you need to run your research even deeper than you have done currently to know exactly how Bitcoin works. If they are talking about being harmful, it could be in a country where it's not allowed to own Bitcoin; in a country where it's a crime to do that, it can land you in trouble with your country's government, and not with Bitcoin. In general, it's safe to own Bitcoin if you know what you are doing and how to securely hold it.

Bitcoin gives you a space to feel free to make your own investments. You can make huge stash without having to advertise, so no country or situation should be a barrier to you. Similarly, I feel free to make my own investments. If the government is not helping you become financially independent, it should try to ensure that you are will try a better financial position. Even though Bitcoin is not allowed in my country there is a significant number of investors gathering. If there is no problem buying and selling through exchanges, you can consider the government tacit consent and try to become a Bitcoin holder yourself.

One of the reason I so much find interest in bitcoin investment is the fact that, you can make long term investment plan without necessarily checking the market price for dips or dumps or sideways moving and how its affecting your holding unlike other altcoins/shitcoin which needs regular supervision for any breakoff structure or other possible reversal. You can also live anonymously with your bitcoin holding without anyone noticing and make decentralized transactions. Beside bitcoin has a less risk compared to other project when it comes to volatility and serious dump. The government are one of the greatest obstacles in the growth of bitcoin, their are some region where the government put in lots of effort to frustrate the adoption of bitcoin and other crypto by its citizens.