What made you believe in Bitcoin?

[Nasdel4]

I think almost everyone in Crypto really do have that one moment when it "clicked", when they came to the realization that Bitcoin is more than just digital money.

For me, when I found out about how Bitcoin works without banks and permission, that idea of freedom really stood out for me. Cause believe me bro, I hate banks and all those policy shits, especially our Nigerian banks with very annoying staff and workers who always bring their family problems to work.

And then the fact that I can make more from my money by just leaving it for a few years even though the market can be quite unpredictable, but what is life without risk?

What was it for you? What really made you believe in Bitcoin?

[ruykeri]

All the things about Bitcoin have served as a spark for me. When I first learned about Bitcoin, I really liked the security aspect. Where security and control are in your control. If you lose or forget the key, no one will be able to access it. Another thing is that where the price of fiat currency is decreasing day by day. Due to the limited supply of Bitcoin, its price has increased over time. Since then, I have decided not to hold Bitcoin for a long time. And because of all these important features, Bitcoin has become popular with everyone.

[Cleanshit]

What was it for you? What really made you believe in Bitcoin?

Frankly speaking, the high return in long term investment was what made me believe in bitcoin because I first know about bitcoin few years ago  and I knew it as just an investment not a digital currency, but when I delve deeper in research I found out that it was initially created to serve as a digital currency but it became a very promising investment before of its high return when Hodl for long term or when traded. And the things that will make you have more interest in believing in bitcoin is it security, resilience and control and I love those features that was why I believed so much in bitcoin and investment in it.

[The Founding Titan]

I think almost everyone in Crypto really do have that one moment when it "clicked", when they came to the realization that Bitcoin is more than just digital money.

For me, when I found out about how Bitcoin works without banks and permission, that idea of freedom really stood out for me. Cause believe me bro, I hate banks and all those policy shits, especially our Nigerian banks with very annoying staff and workers who always bring their family problems to work.

And then the fact that I can make more from my money by just leaving it for a few years even though the market can be quite unpredictable, but what is life without risk?

What was it for you? What really made you believe in Bitcoin?

When I looked back 10 years prior and compared the price of bitcoin then with it's price earlier this year I just knew bitcoin was it. The whole thing about it being decentralised just came as an added bonus on a later date, it felt insane that all I had to do was just be putting money into every now and then and in a few years my profits would be sitting and waiting for me to come and take them. And so far bitcoin hasn't disappointed that narrative yet and hopefully it won't.
So that's more or less why I got interested in bitcoin investment, all it really takes from you is time and dedication on your part and and you will start seeing the growth bit by bit.

[Different patterns]

What was it for you? What really made you believe in Bitcoin?

The first thing that I like and make me believe in bitcoin is decentralization, this alone can win the heart of many people, because bitcoin runs on a system where non single person or group of people can take in charge, bitcoin works through blockchain which allow people to send and receive funds directly without stress of middleman, this idea I find it very interesting because it give full control over your money, this made me believe in bitcoin.

[Slimzeee]

For me, transparency topped the chat. Every transaction is recorded on a public ledger, meaning anyone can trace and verify movements of funds simply by knowing a wallet address. This level of openness is rare in traditional finance and makes it much harder for fraudulent activities or hidden dealings to go unnoticed.

Aside from that, you can make borderless transactions without using your local currency or relying on an intermediary platform to convert it into another currency or even government approval.

So yea, few amongst many.

[cxtreenal]

The underlying purpose of Bitcoin is to bring you under an alternative financial system that will have your independent financial system without the intervention of any third party like banks. For this purpose it has become a global digital asset through this decentralized system. Although Bitcoin was initially considered a significant investment asset, it has gradually become a store of value and Bitcoin is being used for goods and services. The most important thing is that Bitcoin has emerged as digital gold in the world and some countries are considering making Bitcoin a strategic reserve along with gold to increase the reserves of the central bank.

[Obulis]

Wow, this thread reminds me of my regrets (no longer painful though) which was as a result of skepticism and insecurities. After all, the security of Bitcoin is a major prompt. Along the line, BTC decentralized nature, it's possibilities past and present, and the probable future of Bitcoin is an unquenchable drive to device means to hodl and interact with BTC.

[Obulis]

Another thing is that where the price of fiat currency is decreasing day by day. Due to the limited supply of Bitcoin, its price has increased over time. Since then, I have decided not to hold Bitcoin for a long time. And because of all these important features, Bitcoin has become popular with everyone.

Did the increase in the price of Bitcoin due to its supply limitations actually made you not to hodl Bitcoin or made you to hodl Bitcoin?
The advantage of Bitcoin price increases should warrant hodling
BTC golden price with news and stories of peoples financial life revolution around it, is one factor for its popularity. The fascinating thing about the popularity is how the news and stories are reliable and BTC having a reliable future also.

[Nasdel4]

Wow, this thread reminds me of my regrets (no longer painful though) which was as a result of skepticism and insecurities. After all, the security of Bitcoin is a major prompt. Along the line, BTC decentralized nature, it's possibilities past and present, and the probable future of Bitcoin is an unquenchable drive to device means to hodl and interact with BTC.

Don't blame us (Nigerians) we are always trying not to lose everything by trying to win, but thank God we're all here though

[rachael9385]

I think almost everyone in Crypto really do have that one moment when it "clicked", when they came to the realization that Bitcoin is more than just digital money.

For me, when I found out about how Bitcoin works without banks and permission, that idea of freedom really stood out for me. Cause believe me bro, I hate banks and all those policy shits, especially our Nigerian banks with very annoying staff and workers who always bring their family problems to work.

And then the fact that I can make more from my money by just leaving it for a few years even though the market can be quite unpredictable, but what is life without risk?

What was it for you? What really made you believe in Bitcoin?

It's important to start saving digital currencies, there's a lot that can happen to the economy or perhaps when you find yourself in a strange country for some reasons you need this to be able to survive, like you said bitcoin and other cryptocurrencies works without banks and permission, this comes with freedom and being able to do things at your pace. The fact that sowm people i know started holding bitcoin 10 years ago and now they are financially stable made me believe more in bitcoin, this is why I started to take it seriously.

[SuperBitMan]

The only reason why I believed in Bitcoin was because of it history, I looked at the history of Bitcoin how he started and how it is going and that was how I believe that Bitcoin is a good cryptocurrency to invest my money on and that was how I started investing, I knew about bitcoin a long time ago but was scared to go into the investment and till date i regret why I did not invest then, when you look at the history of Bitcoin growth it will give you more reason to believe in Bitcoin that was what made me believe so much in Bitcoin the history of it growth and nothing more.
A lot of people that are now investing in Bitcoin saw the history of it growth and saw how it will be in the future and that was why they started investing in it the future of Bitcoin is so bright and anyone who fails to invest in it today will regret in the future.

[DYOR+BTC]

All humans are blessed with the divine gift of choice which enables them the make either profitable choices or the once that could lead to failure all because of some reasons best known to the person. Same also is applicable in bitcoin, every investors in bitcoin did it for a reason but with a central goal which is to make profit. As for me my reasons for investing in bitcoin is because of its decentralized nature which makes it an independent entity giving access to operate without any authorization from any financial institution and also its ability to offer financial transformation to investors that follows due process

[Cryptomultiplier]

I got into Bitcoin out of curiosity.
I didn't want to be binded by the dogma of our normal traditional banking and job system because, it has made so many of our fathers and mothers serve this country both in the private and public sector not gain much benefit from the years of their input and many of course died penniless or are currently broke and rely on their children for survival in old age.

With Bitcoin however, the story is quite different because it opens one up to a whole new world of possibilities, both in trading crypto currency and investment in stocks and bonds and ETFs and all are sure investment that would yield good returns and guarantee wealth up to or even after a decade of discipline and consistent investment.
One would have to retire themselves and never work a day because of the wealth stream created already.

With this and the proof of work that Bitcoin has presented and it, as a hedge against our inflated Naira and its decentralized system and other more interesting reasons, is why I believe in the potential of Bitcoin.

[Mummy OS]

I think almost everyone in Crypto really do have that one moment when it "clicked", when they came to the realization that Bitcoin is more than just digital money.

For me, when I found out about how Bitcoin works without banks and permission, that idea of freedom really stood out for me. Cause believe me bro, I hate banks and all those policy shits, especially our Nigerian banks with very annoying staff and workers who always bring their family problems to work.

And then the fact that I can make more from my money by just leaving it for a few years even though the market can be quite unpredictable, but what is life without risk?

What was it for you? What really made you believe in Bitcoin?

Personally before I started Bitcoin I already heard of Bitcoin years before , I didn't get interested then because probably didn't believe in it but how I wish I did. Bitcoin have shown over the years to be appreciating hence the more reason I got inquisitive just to know more about Bitcoin I stumbled upon materials that really gave me that knowledge of Bitcoin i really was looking for then I started believing more in Bitcoin

[Zigabel]

I think almost everyone in Crypto really do have that one moment when it "clicked", when they came to the realization that Bitcoin is more than just digital money.

For me, when I found out about how Bitcoin works without banks and permission, that idea of freedom really stood out for me. Cause believe me bro, I hate banks and all those policy shits, especially our Nigerian banks with very annoying staff and workers who always bring their family problems to work.

And then the fact that I can make more from my money by just leaving it for a few years even though the market can be quite unpredictable, but what is life without risk?

What was it for you? What really made you believe in Bitcoin?

For me, wetin make me come believe in this Bitcoin mata come foellow put body na when i see say no be just online money, say na money wey person fit actually get use am for real life. you know say one of the reason some pipo never enter Bitcoin na be say dem never believe say na real money wey be say you go fit use run transactions, pay for things, even buy things sef, for dem , den think say na just figures wey pipo dey run online use run pipo street na why when you talk about an dem no wan hear. me sef when i first hear about am i been welcome am oh but untill i come see say you go fit withdraw am and e go later convert to our local money wey be say you fit spend and you sef fit spend the Bitcoin directly for person wey dey accept the payment, na dat time e click for me to put all my body join follow up wit the Bitcoin matter.

One thing you go need understand na be say you no go fit separate Bitcoin completely form banks, this is what i mean, if you get Bitcoin, apart from a few wey understand am wey be say dem go gree to accept am as a payment channel or a form of payment, plenty pipo never really come in term with am na why e be say at the end you go still need bank to do you the final handing over of cash equivalent of your asset so that you go fit spend am for this real world, when you exchange your coin, na money dem go transfer give you for your account make you fit dey use so some how, you go still need bank, only be say now you no go need to to dey go dia too much as you don get another form of keeping your money, until the acceptance of Bitcoin don really wide enough for we 9ija and we don get a good number of processor services, you go still need your bank, Bitcoin no replace dem completely but complement and stand as a better alternative where the need be.

[Queen uloma]

I think almost everyone in Crypto really do have that one moment when it "clicked", when they came to the realization that Bitcoin is more than just digital money.

For me, when I found out about how Bitcoin works without banks and permission, that idea of freedom really stood out for me. Cause believe me bro, I hate banks and all those policy shits, especially our Nigerian banks with very annoying staff and workers who always bring their family problems to work.

And then the fact that I can make more from my money by just leaving it for a few years even though the market can be quite unpredictable, but what is life without risk?

What was it for you? What really made you believe in Bitcoin?

Ever since I understood how Bitcoin works, without anybody's permission, without bank, without anyone instructing you on what to do or what you shouldn't do with your money, that thought of having your own freedom is really cool to me.
‎I honestly prefer using opay or any other microfinance bank instead of using normal banks, especially when it comes to Nigeria banks some of the staff operating their, will so frustrate you, just because they had a misunderstanding at home, most times they transfer it to their customers but when it comes to Bitcoin no restrictions, you're your own boss and have access control to your wallet, you will have this confidence that your Bitcoin can be able to grow in value over time but only when you're patient and know how the market works.

[Fiatless]

When I discovered that Bitcoin can be used as a hedge against inflation, it got my attention.  Keeping money in the bank was becoming a waste because the Naira was losing value. After calculating the profitability of Bitcoin, if it is held for a long time, I had to gain knowledge about it because I don't want inflation to make my fiat lose value over time.

[GIF-JOBS]

When I discovered that Bitcoin can be used as a hedge against inflation, it got my attention.  Keeping money in the bank was becoming a waste because the Naira was losing value. After calculating the profitability of Bitcoin, if it is held for a long time, I had to gain knowledge about it because I don't want inflation to make my fiat lose value over time.

And this is why Bitcoin is the best choice for long-term savings or investment, Fiat always loses its value over time, so when it comes to creating wealth for long-term purposes, one must invest in the right place, investing is the best choice, and Bitcoin can be the best, most reliable and safest way to invest for long-term. If someone can have long-term faith in Bitcoin and hold on to it, then they can definitely get very good results.

[Mayor of ogba]

I hate the stress I pass through anytime I go to the bank to deposit money, so when I found out that I can actually save my money with bitcoin without going to the bank and queuing up just to give someone else a chance to have full control of my money, I was so interested in bitcoin because it helps to eliminate a third party deciding when I will have access to my money.