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Topic: Do people actually buy coins with real life money? - page 18. (Read 3916 times)

hero member
Activity: 2156
Merit: 891
Leading Crypto Sports Betting and Casino Platform
Well why not? There's nothing wrong in using fiat to buy and it's actually the first thing to use in buying coins. I used to buy bitcoin using it, I deposited money to my wallet and convert it to bitcoin and it's really hassle free. But I have a friend that didn't actually buy his first bitcoin as he earned it through faucets, and that actually surprise me so I tried it out and my bitcoin grew.
sr. member
Activity: 798
Merit: 255
Yes,my aunt just bought bitcoin with real money, $200 to be exact last november. And it already double the amount this time since bitcoin value has increased. If only i have the fund I won't hesitate to buy bitcoin too because I really believe bitcoin is a good investment.
Of course we did. What did actually we use without the paper money? Is it bitcoin itself, it's no! We nee the real life money where we can do transactions with bitcoin. Actually, we need first paper money before buying bitcoin.
full member
Activity: 322
Merit: 105
Yes,my aunt just bought bitcoin with real money, $200 to be exact last november. And it already double the amount this time since bitcoin value has increased. If only i have the fund I won't hesitate to buy bitcoin too because I really believe bitcoin is a good investment.
legendary
Activity: 1386
Merit: 1058
yes, that is how everyone started isnt it. I know of people who invest regularly with their savings, just like regular savings plan. also people who invested with real cash, when prices rise, take out capital and just let the profit roll. with so many coins around, only invest in those with good tract records though.
Not everyone started using fiat money to have bitcoins. I for example, started with no capital at all. I didn't even invest my money to bitcoins. I just started by joining bounty campaigns here on this forum and then I just convert those tokens into bitcoins. That's how I got my bitcoins.  Smiley
Yeah, so many people started on freelance websites, and most people on this forum had to earn it. The good thing about the idea of earning though is that if you have good skills, you can be earning a lot passively, and if you have other jobs you do offline to earn and you save most of your bitcoin, you had be surprised how much you would end up being worth at the end.

Still, that does not mean people are still not buying with fiat but with respect to @ngelcryptopia, not everyone started out buying immediately.
full member
Activity: 360
Merit: 100
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, people like me use real money to buy coins. I actually started out in investing on etherium and it worked really well for me. After that, I tried joining in campaigns because those are one of the most popular means of earning coins. Until now, I keep on doing both since trading is not really much of a work, all I do there is wait and be patient.
full member
Activity: 448
Merit: 107
i know some of people who buy real money in bitcoin my cousin and my aunt now the amount of the money they bought from bitcoin was triple of it's amount...i still don't know what is the process they do because i don't asked them i just listend to them while they were talking..
legendary
Activity: 1232
Merit: 1029
It is possible that people buy coins with real money when he or she is only just starting a trading,  we must have an profit before entering into trading. But some people dont use real money to start it.  Many some of them there money came from campaign which is their salary.
People do every time and if they do not, there is no way the demand is going to keep increasing. Does the OP think the demand is increasing because of those who are earning. Not at all! The reason why we see some huge spike and huge demand is because people are buying with fiat.

Coinbase and some other exchanges with fiat to BTC has had some huge number of growth in user base for a while now and that shows that people are buying every day and new investors are coming in.
hero member
Activity: 672
Merit: 500
So what else can we buy coins besides money? Is it by car? Or with kidney? The price is high, but it's up to each to buy coins or not. No need to force to buy if it can not afford. No compulsion for that. You are the one who decides to buy or not.
member
Activity: 263
Merit: 10
Yes most of the millionaires these days are doing trade in such way that they buy bitcoins with real life money and when it seems that the price goes high then they sold it out with handsome amount of return.
Funny enough, choosing cheaper coins may not really be that helpful as it is a whole lot more risky and may not even give you what you want compared to what bitcoin will give you if you decide to put the same amount you bought into bitcoin.

$5 of bitcoin early this year would have been worth $40 or more by now which is something everyone should note that, you do not have to buy as much as 1BTC before you get in and you have chances of bitcoin to keep growing largely than any other altcoin which you are not even sure of.
Indeed now all the mostly users are using their own currency and are buying bitcoins for future because now they sure that the rate is increasing in future also because big investors have start investing in bitcoin and they can make more money by now buying bitcoin and can hold for a future.
sr. member
Activity: 588
Merit: 251
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ 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

What do you think will be used to buy them? It's always money, there is a saying "you use money to get more money". Then, one Btc is $6000,but now it is over $11k, and it is still going high and alot of people are coming into crypto investments. Investing then would have been better than now, cause now is double of then.
full member
Activity: 574
Merit: 102
https://adonx.one
In my personality I always buy these cryptocurrency (BTC Ð) when I have free money, at the moment portfolio of my money 80% in crypto and 20% in fiat, because I believe these crypto will be bigger day by day.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ 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
It depends on the person, some prefer to buy since they do not have the time or do not know how to earn bitcoin and since they have a lot of money that is a good option for them, but for any of us buying a bitcoin is not something we can do anymore, I do not have anything close to the money needed to buy a full bitcoin and that is why some people prefer to earn it instead.
sr. member
Activity: 260
Merit: 250
snack of all trades
that is the same question many people ask in this forum when bitcoin reach 3k$ and eth reach 300$. They always put their real money into coin my friend
full member
Activity: 504
Merit: 100
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ 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, no doubt about it. Speculations that bitcoin will reach 20K$ next year will encourage buyers even more. I myself make sure to save part of my monthly income  to buy btc. which I think is a good practice. I think as long as people think it's good investment, I think people will continue to buy bitcoin even from their own pockets.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
Now I have more means to earn Bitcoin, so I don't really buy anymore. But I've bought when it was under 1000$, although back then people were asking the same question "isn't Bitcoin too expensive to buy?".
It's always too expensive if you don't afford to put away some money for investing. If you afford to join this, keeping in mind that Bitcoin was always said to be a "high risk investment", it's not too expensive, given the promised return (some say it'll reach 1 million USD in some years).

And you don't have to buy an entire Bitcoin. 0.1BTC or even 0.01BTC is also not so bad.
Right! That is one question people will always keep asking even in the long run until probably bitcoin reaches its peak which no one knows. I remember early this year when people were asking the question you stated and looking forward to a crash from $1000 only to find out that they have messed up totally and still, ended up not buying till now.

This is an investment and anything can happen, waiting for some perfect moment will always make one to miss the present one. People who are smart and have the bucks to buy still do every day, while those who do not, find ways to earn.
sr. member
Activity: 291
Merit: 250
I did buying Crypto using fiat.
I want to buy more
sr. member
Activity: 567
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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

You know, there are so many rich people who are into Bitcoin. There are so many rich investors behind crypto. They must have shelled out some significant amount of real money for their crypto investments. I for one have also bought my first Bitcoin with my real money savings. No matter how expensive it is, we still consider it worthwhile because the growth of Bitcoin is really very fast. So I don't mind releasing some amount from my pocket. 
legendary
Activity: 2366
Merit: 1206
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
For those people who are opened minded and for those accepted cryptocurrency, they are willing to buy that big amount of coins. Because they believed that investing money on cryptocurrencies are big opportunity to earned and maybe doubled their money. Mostly this people are abondant money that amount was small thing for them.
full member
Activity: 674
Merit: 101
I am hired and not own by any Team!
yes of course there is many people buy coins with real life money , two month ago i invited my friend to invest real money about $6k in bitcoin when the price $3k now he owns more than $20k
They buying bitcoin and ethereum or any crypto currencies because they seen a better potential on it in the futire. At the same time they seen a hidden treasure where they can get through through this coins.
full member
Activity: 196
Merit: 122
yes of course there is many people buy coins with real life money , two month ago i invited my friend to invest real money about $6k in bitcoin when the price $3k now he owns more than $20k
Wow that was nice your friend invested when the value is not yet taking over and he is very lucky in that occassion. Me i invest small amount of money about 1500$ but i did short term trading with altcoin luckily my capital was already enough to do regular trading because i earn good amount of profit in my 3 months in trading.
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