1. Appreciation potential: Many investors are attracted to Bitcoin's history of appreciation. Although it is volatile, its price has increased significantly over the years, offering opportunities for profit.

2. Portfolio Diversification: Bitcoin is often considered an alternative asset class and can help diversify a portfolio of traditional investments such as stocks and bonds.

3. Hedge against inflation: Since Bitcoin has a maximum supply limit of 21 million coins, some people see it as a hedge against inflation and the devaluation of fiat currencies.

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