Are you buying bitcoins? Why? - page 143.

saiha

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Quote from: Nouelle-Hunter on June 10, 2016, 10:44:10 PM

Me i never bought any amount of bitcoins in my whole time using bitcoins.Why would i buy it if ican get it free from faucets out there i have patience to do faucets and paid to clicks job online so i dont need to buy bitcoins

Me either, I haven't bought any amount of bitcoin. But still I'm thinking if I'm going to buy some before the halving, because it is very profitable when the halving comes.
But still I'm considering the value of bitcoin if I can afford.

davis196

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Quote from: Huobi-USD on November 10, 2015, 01:59:59 AM

Share with us what's your main reason for buying bitcoins?

No.I`m not buying bitcoins.I`m earning bitcoins.I think that buying is too expensive for me right now.

Seller fees are too high because of the risk involved.I was thinking about buying btc from Coinbase, but

all the rumors that Coinbase is going down made me unsecure.

Doms

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I bought some a couple of days ago just so I could use it top up my load credits for my mobile phone. Before that, I was able to buy at $440. That would be for long term holding as I try to slowly accumulate so my investment would pay off in the future.

romero121

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Quote from: bitlancr on June 09, 2016, 09:40:56 AM

Quote from: ashly on November 26, 2015, 03:17:50 AM

I buy bitcoin in bdo bank,, because i like to invest in MMM hehe:) and its my first time

I am buying Bitcoins to make money because you can sell them later on if the price is higher so that you can make a profit. At the same time I also save money because I cannot spend it as much.

That's good. The price at which I thought of buying has crossed. Now I can't afford big price. For this reason I'm trying hard to earn through all possible methods. Even through faucets.

Nouelle-Hunter

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Me i never bought any amount of bitcoins in my whole time using bitcoins.Why would i buy it if ican get it free from faucets out there i have patience to do faucets and paid to clicks job online so i dont need to buy bitcoins

bitlancr

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Quote from: ashly on November 26, 2015, 03:17:50 AM

I buy bitcoin in bdo bank,, because i like to invest in MMM hehe:) and its my first time

I am buying Bitcoins to make money because you can sell them later on if the price is higher so that you can make a profit. At the same time I also save money because I cannot spend it as much.

lumeire

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Quote from: Schuyler on June 08, 2016, 05:49:30 AM

Quote from: oportosanto on June 08, 2016, 04:07:35 AM

I am not buying bitcoins just now because to be honest I am not really sure if they are a good investment. I have bought them in the past, but the timing was not the best because soon after I bought them, their value crashed and I was at a loss. So it's more wait and see now.

Would you mind telling us at what price your entry point was? Didn't you consider buying again when the price started to climb back up? Different emotions play different roles in helping us decide whether to buy, hold, or sell.

Probably he did at the peak, around $1000 I guess. I remember those times, I too, was tempted to buy. Lucky enough it did crash before I was able to.

@ontopic I've bought when it was still ~250ish, that's the last time I've bought directly.

groll

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Of course i buy bitcoin cause i want profit from it. Bitcoin is profitable. You can even gain two time you purchase by making an investment playing gambling or trading too

Schuyler

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Quote from: oportosanto on June 08, 2016, 04:07:35 AM

I am not buying bitcoins just now because to be honest I am not really sure if they are a good investment. I have bought them in the past, but the timing was not the best because soon after I bought them, their value crashed and I was at a loss. So it's more wait and see now.

Would you mind telling us at what price your entry point was? Didn't you consider buying again when the price started to climb back up? Different emotions play different roles in helping us decide whether to buy, hold, or sell.

Cyaren

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Quote from: goinmerry on June 08, 2016, 01:04:31 AM

Quote from: Mvaporis1961 on June 08, 2016, 12:00:46 AM

The main reason that im buying bitcoin because i need some capital for a altcoin public exchange site, because i cannot afford 1 bitcoin so i earn it piece by piece with the help of trading and if i gain enough like 0.25 bitcoin i will hold it until the bitcoin halving comes in the month of july to earn some more money.

Dont stop there. You can go much further with that. Trading is not that risky like gambling so you will not lose everything in it. You could buy more altcoins and see if there will be profit in it too.

No, actually trading is very dangerous and although it shouldn't be regarded as gambling, it is very close to gambling and if you have no knowledge, then it is pure luck rather than skill involved.

I'd suggest just holding bitcoin. It's so easy and safe, and you'll profit in the long term easily.

CrimBit

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Quote from: goinmerry on June 08, 2016, 01:04:31 AM

Quote from: Mvaporis1961 on June 08, 2016, 12:00:46 AM

The main reason that im buying bitcoin because i need some capital for a altcoin public exchange site, because i cannot afford 1 bitcoin so i earn it piece by piece with the help of trading and if i gain enough like 0.25 bitcoin i will hold it until the bitcoin halving comes in the month of july to earn some more money.

Dont stop there. You can go much further with that. Trading is not that risky like gambling so you will not lose everything in it. You could buy more altcoins and see if there will be profit in it too.

it's not like gambling but you can lost all your money too.
last month i lose arround 0.8btc at RDDcoin the price down from 20sat to 6satosi.

so i think the risk is same, but we can use tips/trick at trading and at gambling only pure luck

oportosanto

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I am not buying bitcoins just now because to be honest I am not really sure if they are a good investment. I have bought them in the past, but the timing was not the best because soon after I bought them, their value crashed and I was at a loss. So it's more wait and see now.

Icathia

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Quote from: Shibashi Dogemoto on November 10, 2015, 02:05:14 AM

I keep my bitcoins because i hope they'll increase in price in the future...

I am also buying Bitcoins so that I can make money n the future with them. You have to be prepared for the future so I would like to take a risk because you do not know is I am going to make money with Bitcoins in the future.

baomuydtab34261

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I buy bitcoin as my interest and a investment , using my extra cash to buy bitcoin ,and then ,I hope they will give me a good return in future .

AsaroUk

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Quote from: quad588 on November 11, 2015, 05:38:05 AM

because price will rise in the future!!

Yeah I am buying Bitcoins to hold on to them for the future, the future can give us a good price which can lead to a good profit for us. It is not sure if the price will be good but I like to take the risk.

hermanhs09

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Quote from: Mvaporis1961 on June 08, 2016, 12:00:46 AM

The main reason that im buying bitcoin because i need some capital for a altcoin public exchange site, because i cannot afford 1 bitcoin so i earn it piece by piece with the help of trading and if i gain enough like 0.25 bitcoin i will hold it until the bitcoin halving comes in the month of july to earn some more money.

Yeah, if you want to trade obviously you need to have a starting capital to play with and that's when buying is a good option rather than starting from scratch. However, you can also buy bitcoins for hoarding, for future price rises.

for me, I'm buying bitcoins for the coming halving, as I know that the price is going to rise. That's why i'm buying.

goinmerry

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Quote from: Mvaporis1961 on June 08, 2016, 12:00:46 AM

The main reason that im buying bitcoin because i need some capital for a altcoin public exchange site, because i cannot afford 1 bitcoin so i earn it piece by piece with the help of trading and if i gain enough like 0.25 bitcoin i will hold it until the bitcoin halving comes in the month of july to earn some more money.

Dont stop there. You can go much further with that. Trading is not that risky like gambling so you will not lose everything in it. You could buy more altcoins and see if there will be profit in it too.

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Quote from: Mvaporis1961 on June 08, 2016, 12:00:46 AM

The main reason that im buying bitcoin because i need some capital for a altcoin public exchange site, because i cannot afford 1 bitcoin so i earn it piece by piece with the help of trading and if i gain enough like 0.25 bitcoin i will hold it until the bitcoin halving comes in the month of july to earn some more money.

Well that's one of the things that is more important for buying bitcoin, not just by holding it and hoping for the price increase of bitcoin this coming halving. Trading with alt coin is also a good reason for buying bitcoins since the price of it will also increase after the price increase of mother of all crypto currencies.

Mvaporis1961

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The main reason that im buying bitcoin because i need some capital for a altcoin public exchange site, because i cannot afford 1 bitcoin so i earn it piece by piece with the help of trading and if i gain enough like 0.25 bitcoin i will hold it until the bitcoin halving comes in the month of july to earn some more money.

tabas

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Quote from: MaritiJames3 on June 07, 2016, 10:39:13 PM

Quote from: bitcoinpete on June 07, 2016, 03:00:36 AM

Blockhalving is around the corner

I'm having the same thing in my head, I'm now just buying the bitcoin for the halving that is upcoming in July this year.
It will let the price increase without any doubts.

Well most of the people here have the same thoughts on why we need to buy bitcoins in able to participate and earn some profit for the
upcoming halving.
And it is only a month long before it happens.

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