I'm a new user on this forum, and when I joined and actively read and learned about Bitcoin, I finally realized and was enlightened, even regretting it.
I want to share my experience. Whether someone has already discussed it on this forum or not, I don't understand it. I'm not promoting anything, just sharing my experience. Between 2009 and 2011, I was actively surfing the internet on public internet services. At that time, during the early days of Bitcoin's launch, there were many faucet websites giving away Bitcoin, and I was one of those who received it. At the time, I was also very young and didn't understand what investing, let alone Bitcoin, was. So, I ended up exchanging the Bitcoins I collected, whether from referrals or websites, on Gemscool, an online gaming website, due to my lack of understanding of investing at the time.
Now, when this is booming and big, regret always comes at the end, because if it's at the beginning, it's called registration.
In this regard, when I joined this forum, I felt enlightened and gained insight into the importance of investing and the movement of Bitcoin. I also believe that Bitcoin will eventually become a benchmark or a standard for modern investment.
Thank you. Please provide guidance, assistance, and direction.
Bitcoin is not an investment , Bitcoin is money.
You don’t invest in money, you save it. You can invest money in order to earn more money.
For example, let’s take the US dollar, which is considered the strongest fiat currency out of around 180 global fiat currencies. It’s “the best” in the sense that it has the lowest inflation, around 7–10% annually. Other fiat currencies are much worse some have triple or even quadruple-digit inflation, like the Turkish lira or the Argentine peso.If you have $100,000 today, with an annual inflation rate of 7%, in one year its purchasing power will be roughly $93,500 in today’s terms. in five years it would drop to about $71,300, and in ten years to just $50,800 in today’s value.
In other words, you haven’t lost the physical money in your account it still says $100,000 but what you can buy with that money will be less
This means that you cannot simply save that money, you have to invest it in order to protect yourself and overcome inflation.Bitcoin is the solution to this problem. It is money that can be saved, money that doesn’t need to be invested, because it is a solid and healthy form of money.
You can simply save it and don’t have to invest.I hope I have helped someone to understand.