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Topic: Do people actually buy coins with real life money? (Read 3943 times)

hero member
Activity: 2366
Merit: 594
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC


Yes, most of the people even here in our country use fiat to purchase and buy bitcoin because it is the only way that they know to buy bitcoin. Although they all know that it is risky, they still have it for they find it a profitable investment in the future. Most of the users have it as a great way if investing and a passive way of income.
full member
Activity: 770
Merit: 126
So many people around the world including myself have invested my hard earn money in crypto currency and people will continue to invest their money bitcoin and ethereum as long as crypto currency will exist.
member
Activity: 215
Merit: 21
Yes, for the regular ppl it is a big money, so they wont buy much, most of big investors have opportunity to buy alot, coz they already have their own business in different sections of economy, so they do not risk much with the crypto.
newbie
Activity: 84
Merit: 0
Of course I buy for real money.You need to be able to invest in profitable cryptocurrencies to be always in profit. A certain amount of coins to buy on a monthly basis.
member
Activity: 238
Merit: 10
There are huge number of people who are buying bitcoins by giving their paper money. In fact, most of the buyers of the bitcoins and other crypto coins are doing so by tuning their paper money into crypto currency. Some bought it through ICO at first and wait for it to goes in exchanges or after ICO they will put it on applicable exchange. Like in bitcoin to be able to buy we need real fiat to convert into any specific coin
member
Activity: 294
Merit: 10
Bitcoins and even ETH are good for investing and really give good profits daily for several users who earn a good passive income sitting home without any restrictions. As we know there are a lot of ways to earn from bitcoin so investment is also one of the source for earning you can earn from bitcoin without investment but you have money and you want to earn fast so then you can buy bitcoins
member
Activity: 322
Merit: 10
Investing in bitcoins is always a risky investment but it also gives us good profits. Even if we know that most of the ICO now goes fail, we can start joining several bounty campaigns for earning some good stakes of the ICO. Bitcoins soon will be declared as legal and then bitcoins can be trusted by everyone and each individual can have good profits in bitcoin world
full member
Activity: 546
Merit: 100
Sometimes you have no tokens to trade and necessary to buy some when you want back in game. I have bought altcoins many times and always in profit, can't see anything bad on it.
Yes, people need to buy coin if they are are in crypto world and they want to do trading granting they have not paricipated in a bounty campaign, so the only way of having coin is to buy and there are ways to buy out of real money like paying from paypal, credit card or directly buy bitcoin from any stores that offering to sell bitcoin like on seven eleven.
legendary
Activity: 1147
Merit: 1007
For me no, I just earn bitcoin in various ways that can be done, and buy some altcoins with bitcoin that I have. I think for people who have a lot of money, this is not be a problem I guess, in a strong intention or a steady of plan.
It's the first thing that every newbie will do, buying bitcoin in convenience and saving it, those who know bounty before investments were lucky enough to not risk even a single cent.
member
Activity: 224
Merit: 10
to my opinion, that is normal action when people have so much money and have not thing to do so they choose to buy cryptocurrencies with their own real money and hold for long term profit
sr. member
Activity: 434
Merit: 251
Sometimes you have no tokens to trade and necessary to buy some when you want back in game. I have bought altcoins many times and always in profit, can't see anything bad on it.
member
Activity: 176
Merit: 10
Yes some people uses their own money to buy bitcoin and they consider it as investment but their are other ways to earn it without using your own money like campaigns.
hero member
Activity: 2282
Merit: 659
Looking for gigs
Of course! If they want to buy altcoins, they need to buy Bitcoin or Ethereum first for real cash. I remember the first time I entered cryptocurrency, I thought there is a way for me to invest without the need of real money like trading my own royalties or something. There is another way though, through airdrops and bounties where they can be converted first to BTC or ETH before buying some certain coins or tokens that you want to hold for the long term. Just my two satoshis.
member
Activity: 225
Merit: 10
quarkchain.io
dont be stuck by those prices! I have tons of friends that are not getting into crypto because of those prices!

but u have to think bigger and understand the tech behind it, only this way u will be able to thrive with the BIGGEST opportunity of our lifetime!

so buy a small piece of ETH or BTC and the convert into smaller more profitable projects!

and always do ur own research!
full member
Activity: 448
Merit: 101
Some friends of mine do this. Of course, when the market fell, it was painful for them to convert their losses into the USD... But still there are hopes that the investment was not for nothing.
They have really done very wrong by selling off their coins when the prices were lower than their investments. They should have displayed a great deal of patience and interest in the recovery of prices for earning some good amount of profit from their coins. I hope they have learned a good lesson from their own mistakes and from now onwards, they would invest with a mindset of earning than going in losses.
copper member
Activity: 772
Merit: 500
The answer is yes. There are a lot of them that buy bitcoin and other altcoins with their own money. Most of then invest only on a long term goal because i think a lot of them have own work and sometimes they can't do day trading. I myself is buying with my own money now because i think this is a good opportunity to earn but my target is for long term.
member
Activity: 392
Merit: 10
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC
We are different people here with different aspects in life specially on crypto.. Investing on one coin is purely depend on investors itself if he or she puts all big amount of money on it its non of our business at all.. The current price of btc now and eth are still not that high so it is wise to. Invest on it while you can then see the fruit in a few months or later .. Even it takes big amount its the profit that you will get that counts here for these two crypto are both for long term investment.. So if you are risky enough you can also keep some eth and btc now.
full member
Activity: 230
Merit: 108
Yes, as far as I know the company of different digital currencies or ICO companies in the whole industry accept the local currency as a medium for their transactions and exchange.
There excellence helps all people to become richer and successful than before.
member
Activity: 306
Merit: 15
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC
I'm confused by your question, but many people make Bitcoin buy their money, because many investors want to invest in cryptocurrency, because they want to grow their investment, it's a good one Bitcoin to do investment.
full member
Activity: 756
Merit: 112
At my first days here I didn't spend any amount, but as time goes by and I wanted to have more bitcoin (especially today that bitcoin is cheap) I buy bitcoin every time I have some excess money. To prepare for the next great years.
What do you mean with real life money? Of course they do buy with the money they have saved for investment and future use. The money just stays there and do not go somewhere else. There are few who gamble and they just want the luck to play for them. They invest with the easy money they earn but that is also real life money. Whatever the money is, investing in the technology with knowledge pays off.

I somehow agreed to what you just said. But. It doesnt really relate to what i just said. And yes, i agree that with little money you can make it big by buying some investments on potetial ICOs.
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