Bitcoin: For what reason was it a healthy investment? - page 2.

RealPhotoshoper

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Quote from: actmyname on March 16, 2016, 06:59:02 PM

I want you to explain in detail why you personally thought that bitcoin was a healthy investment. I don't want the same crap replies about the same thing over and over. I want a longer, more complicated answer depicting the true nature of why you thought it was useful to begin investing in bitcoins.

It's not necessarily investing money into it. You obviously also invest time (which is pretty much money) into the bitcoin community. Even now, as you read this, you're investing time into bitcoins. So, explain. What made it so good? In what way did bitcoin create this imagine in your mind where you thought, "Hey, this seems like a good use of my time. This may hold use in the future and allow me to profit off it" instead of anything else?

[Sorry for the repost, kiddos. Made a mistake in the original. Wasn't moderated to prevent YoBit spam.]

i think,bitcoin is not healty investement,bitcoin is potential and short term investement,its just my opinion,because bitcoin have a very very fluctuate pirce,and its make we can't predict what will happen on future,and of course we can't prdecit until when bitcoin can stay alive.

Junko

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For me it was risk:reward. At the time I first heard and learned of bitcoin, the price was bouncing around the $7-$12 range. The price was rising from the $$1-$2 low after the fall from the $32 "bubble". For me at the time, it was a very "healthy" investment in regard to relatively low risk to high reward ratio. That's where/when I bought the bulk of my bitcoins. Looking back, it was a great investment. My only regret is not having learned of bitcoin sooner in its infancy.

romero121

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In future everything gets digitalized. As a part of the digital world now itself we have got the opportunity to know about the future currency. So making an investment or saving such currencies will make you wealthy.

Kingno.1

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It is a healthy investment because of following advantages:
1. Protection From Payment Fraud
2. Lower Fees
3. Reduced Possibility of Identity Theft
4. Direct Transfers for Immediate Settlement

Hirose UK

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Quote from: Amph on March 17, 2016, 03:18:23 AM

i've invested time and bitcoin to make more bitcoin, not fiat itself, because i've started from a position with no fiat

I also have been investing time on bitcoin, and I got profit. I can lay on my bed, read the thread and send post, then make money although sometimes my head works hard to write a post. but it made my brain work, so it's still useful. that's also why the thing is healthy investment.

Kakmakr

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Leading Crypto Sports Betting & Casino Platform

I guess, when I started out with Bitcoin I invested time into it, because it was a revolutionary experiment in decentralization of the financial sector dominated by a few individuals. I wanted to see the financial powers being disrupted and given back to the individuals. I have seen many examples of this happening in many countries where individuals only had one or two dominant companies monopolizing the specific areas. In a way, I enjoyed the revolutionary disruption process.

I then saw the potential for poor individuals to enter the trading platforms < 1Broker etc. > and also giving unbanked people a option to move value. < BitPesa > These things motivated me to invest money and time into this technology. Sadly, this is all being slowly damaged by the developers fighting for control and greedy groups fighting for supremacy. < Some Alt coin pumping & shilling >

Amph

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i've invested time and bitcoin to make more bitcoin, not fiat itself, because i've started from a position with no fiat

i see it as a good investment now with the current crysis, it has a great chance in the long terms to have a great value, especially for one reason, the blockchain

this tech is gathering enough interest among the biggest istitutions, that make me believe that it will have a great impact in the next 5 years

BellaBitBit

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It first caught my eye after the rise and fall, from an investment perspective it was interesting. I then started to learn more about it and the capabilities of the innovation and was fascinated. I like math and can also understand code so this was a good fit for me. I am also interested in it as an investment for the entire planet, for the entire planet to become on a level playing field financially hoping to end most poverty and bank the unbanked. It does have that potential

So the time I spend with it - discussing, learning, buying, selling, losing winning is all worth it and will continue to be as the future is in digital currency. Even if it falls on its face I was part of believing in it.

actmyname

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Spear the bees

Quote from: stromma44 on March 16, 2016, 07:01:57 PM

More then a investing I have earned it, price volatility attracts me towards it, as whatever I am earning at a moment will be multiplied in future if the price is higher.

Can you elaborate on that? The thing is, liking the volatility of bitcoins is fine, but then what of the risk that the price will drift down to a lower level where then you lose profit? Wouldn't you rather a more stable currency where you can have a somewhat higher representation of security?

There's no guarantee, no 100% security that your earnings in bitcoins will increase in the future.
Volatility =/= Security. You will not necessarily gain anything by investing in bitcoins. If you're talking about being impatient, then there's always gambling. That holds risk, just like investing in bitcoins, but is often an instant payoff.

Add more flavor to your explanation, please.

stromma44

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More then a investing I have earned it, price volatility attracts me towards it, as whatever I am earning at a moment will be multiplied in future if the price is higher.

actmyname

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Spear the bees

I want you to explain in detail why you personally thought that bitcoin was a healthy investment. I don't want the same crap replies about the same thing over and over. I want a longer, more complicated answer depicting the true nature of why you thought it was useful to begin investing in bitcoins.

It's not necessarily investing money into it. You obviously also invest time (which is pretty much money) into the bitcoin community. Even now, as you read this, you're investing time into bitcoins. So, explain. What made it so good? In what way did bitcoin create this imagine in your mind where you thought, "Hey, this seems like a good use of my time. This may hold use in the future and allow me to profit off it" instead of anything else?

[Sorry for the repost, kiddos. Made a mistake in the original. Wasn't moderated to prevent YoBit spam.]

Topic: Bitcoin: For what reason was it a healthy investment? - page 2. (Read 1625 times)