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Topic: Do people actually buy coins with real life money? - page 2. (Read 3936 times)

newbie
Activity: 26
Merit: 0
Of course they do. How else can new money enter the market. There are still a lot of new players who are buying / still have to buy their first coins with fiat.
full member
Activity: 434
Merit: 100
Yes that is absolutely true because, the monetary value that they used in all kinds of trasactions in this particular matter is also a local currencies of different nations in the whole world.
hero member
Activity: 2646
Merit: 582
Leading Crypto Sports Betting & Casino Platform
I'm one of those people. I used all my wages to invest in this market. Currently I do not know where my money is located in this world. But I still invest because I have confidence in this market.
This question is seriously so silly. Everyone buy bitcoins and other cryptocurrencies from real money. No body have seen a bitcoin till now because they are totally virtual and can’t be seen. So definitely one must have fiat money in his pocket who have been utilized in the bank to buy this big bitcoins. And you are going so amazing that your confidence in the bitcoins are determined, keep it up.
hero member
Activity: 868
Merit: 535
Of course, what do you think are investors using to pay for the cryptocurrencies they are buying?

And yes, no matter how the price spiked up last year, prospective investors then still are willing to part with their dollars in exchange of cryptocurrencies, and surely they did not regret doing so due to the peak it reached last year UNLESS they did not cash out at such time and are now facing a level of crises. But you know, nothing is really won and lost unless you decide to withdraw your money and realize the same. If not, all things are just afloat and are subject to contingencies at a later time.
full member
Activity: 275
Merit: 100
I think if you invest, you need to convert money into coins. Unless you do the job of making a bit of bitcoin. To answer this question, we need to transform our capital into investment.
hero member
Activity: 882
Merit: 500
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
Yeah , this is a big truth that people are making earnings from Investment and also lossing by Thier own mistake to take descion at bad timing , But here often I seen that most of the people who are much Rich are making buy and sell of the coins in the offline i.e direct cash to coin deals .
Here I am a trader and doing trading with Fiat since 2014 , and daily 2-3 buyers are coming to buy etherium and bitcoin like big big coins with cash in bulk amount and few of are making buy with the direct payment in bank account also .
So here it would not be a type of strange thing that they buy bitcoin in cash money directly .
sr. member
Activity: 798
Merit: 253
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.
full member
Activity: 448
Merit: 100
LETS GO ADAB
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 think its not necessary to buy the whole bitcoin or whole ethereum. You can buy coins at a smaller fraction depending on your budget for investment. You can only buy worth 2000$ of bitcoin which is .3 btc something. Like me, i also buy bitcoin using my extra allowance even though i can only buy a few coins
hero member
Activity: 742
Merit: 500
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

When i bought ethereum last year i bought it using USD.  I dont think the prices are too much because you dont have to buy a full coin.  You can buy very small fractions of a coin meaning investing in them should be accessible to everyone.  With that being said i dont think investing a small amount of money will get you anywhere so an invest might as well put in a decent amount of capital.
sr. member
Activity: 594
Merit: 250
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

Most people here for a couple of weeks majority of them are busy on buying altcoins because there many got red in the market in terms of their value and now since that bull run is closely coming many are excited for that moment I think.
full member
Activity: 364
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.
full member
Activity: 434
Merit: 105
Yes there is so many people buying crypto currencies (coins and tokens) with real life money, because they believe it is very profitable investment especially in the long run.
Usually most people invest the amounts which they afford to lose, but there is also some others spending their savings in buying coins, with the hope that their prices will go up soon.
Some people save some money just to buy a potential coin because of the great exchange of profit especially when we took a long term investment. Other people uses their salaries or wages just to involve on crypto world to gain enormous profit. The money matter a lot ,in order to prevent losses think wisely and presence of mind as always.
sr. member
Activity: 798
Merit: 250
Yes there is so many people buying crypto currencies (coins and tokens) with real life money, because they believe it is very profitable investment especially in the long run.
Usually most people invest the amounts which they afford to lose, but there is also some others spending their savings in buying coins, with the hope that their prices will go up soon.
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.
newbie
Activity: 183
Merit: 0
I'm one of those people. I used all my wages to invest in this market. Currently I do not know where my money is located in this world. But I still invest because I have confidence in this market.
member
Activity: 392
Merit: 21
People do really buy coins with real life money because if you don't have money then how can you start trading or investing? Unless you join bounty programs to get free coins. They buy the popular coins like Bitcoin and ethereum using their own money through the official wallet designated by their countries where they are living. And if they already have their btc or eth , they have so many options how to make profit out of it.
full member
Activity: 532
Merit: 100
Yes, we buy coins with our real life money to invest in bitcoins. I think it is a good investment to do, so its okay to use your money to invest on it. Although it is risky, investing in bitcoin is very profitable.
if you are dealing with a crypto currency, then you unequivocally confirm your finances to some Lariska. To date, with respect to Bitcoin, many investors have a high risk, since it is not enough to predict the real prospects for Bitcoin in the future.
newbie
Activity: 47
Merit: 0
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 is not necessary to invest real money in the crypto. You can get it for free.This channel gives an expert assessment of projects where you can get tokens for simple actions and hold them for a long time.
sr. member
Activity: 699
Merit: 438
Yes because all coins in crypto market has a real value if you converted it to our traditional money.
So if you want to have coins in crypto market you need to buy it by the use of our traditional money. It also has a real value when you get a profit to your coins.
newbie
Activity: 86
Merit: 0
First of all, this is an investment project. It has its existing value. If you don't use your money to invest, then how do you get a coin? Buying bitcoins with paper money is indeed a good thing. It can really help you to make more money because the market value of Bitcoin keeps rising.
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