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Topic: Do people actually buy coins with real life money? - page 20. (Read 3936 times)

member
Activity: 174
Merit: 10
of course they do, at least i know i do  Wink every month i use portion of my salary to buy altcoins and holding them to sell at the right moment and invest i new ones that i think it will do good
full member
Activity: 238
Merit: 102
1st of May
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

If not from real life like from salary so where is the money coming from?
The only way maybe waiting for income coming from bounty or other campaign.
But mostly people put their real life money to buy bitcoin like me.
legendary
Activity: 1848
Merit: 1000
They must do otherwise how would there be a market Smiley  You will have people that can buy a whole bitcoin at the drop of a hat and then others that might have been putting in the odd $20 or $50 dollars here and there, and hopefully at some point those that were putting in the $20 will get to the level where they can drop bitcoins one at a time.
full member
Activity: 266
Merit: 114
There are many investors out there who strongly believe and have faith in the cryptocurrency and also believe that it's a revolutionary technology and the technology of the future and cryptocurrency are the future money. So they definitely do buy these COINS with REAL MONEY. And there are some people who trade things with crypto coins and i think that is a very great exchange. As there is a fixed price to things. But the value of coin is not fixed, which is a bit risky, but still if you accept a good coin and hold it for  some time then chances are that you'll make a good profit!
sr. member
Activity: 252
Merit: 250
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It depends, if they really believe in cryptocurrency, they will invest in Bitcoin and Ethereum. If not, they wont. But in my opinion, If they wont invest in Bitcoin, they will have a big mistake in their life
full member
Activity: 1554
Merit: 101
it depends on each person of course for people who do not know about cripto they would think it is too horrible to buy digital money using real money, but not for traders who have long known the business instead they tend to spend more than you mentioned earlier. Smiley
hero member
Activity: 1246
Merit: 529
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same with many, I also earned btc with doing some work inside this forum and some other things outside, I guess I can't buy those coins when the value is that really high using my own money, but there's some people or investors that really doing it, they've got enough information and study properly before investing their hard earned cash.

Well if you think about the returns, you really wouldn't mind whether its currently at a high price or not. There's a lot of promise around bitcoin and its not a bad idea to invest now. Though there probably are going to be a few corrections so if you're observant enough, you may be able to buy at a lower price
legendary
Activity: 2982
Merit: 1028
same with many, I also earned btc with doing some work inside this forum and some other things outside, I guess I can't buy those coins when the value is that really high using my own money, but there's some people or investors that really doing it, they've got enough information and study properly before investing their hard earned cash.
member
Activity: 340
Merit: 13
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.
legendary
Activity: 3668
Merit: 6382
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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.
member
Activity: 238
Merit: 11
i hope i have real money , then i will spend all investing cryptocurrency
full member
Activity: 258
Merit: 100
I bought Bitcoin with real money, real USD.

I still buy cryto using fiat now.
I accumulate them.
legendary
Activity: 1442
Merit: 1025
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
Why won't people buy ? How do you think the market cap is increasing daily ? The thing is that we tend to look at the full line and then decide not to always read in between the lines. The fact remains that some smart people who do not have enough cash to buy as much as 1 BTC can just decide to buy what they can afford to buy and leave it to grow.

Mistakes most people are making are that they keep looking at the big one, when the little one can even grow as well. A time will come when people would wish they have 0.01 BTC as that will be a whole lot of money.
sr. member
Activity: 924
Merit: 255
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 certainly will be close to a success, especially on investing. In addition, I think Eth and Btc indeed obviously it can provide a profit opportunity on investing.
legendary
Activity: 1526
Merit: 1001
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 $40 or more by now which is something everyone should note that, you do not have to buy as much as 1BTC before you get in and you have chances of bitcoin to keep growing largely than any other altcoin which you are not even sure of.
newbie
Activity: 32
Merit: 0
I think there are already a lot of people who bought BTC. I have checked the exchange rate today and it has drastically increased from when i checked it last week. I would invest even a small amount if i were you.
member
Activity: 299
Merit: 11
You  don't necessarily need to buy 1 whole bitcoin to invest. You buy with any amount you have and start earning from there. Bitcoin will still rise so now would be a good time to get some.
sr. member
Activity: 644
Merit: 261
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ 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

Of course, the cryptocurrency market would have no value then if there is no fiat money injected to it. There will always be people who are willing to invest in high value investments because of the possibility of high returns in the future. Besides, it is not required that someone would be able to buy a coin only by buying a whole of it like buying one ethereum or one bitcoin because he can just buy a portion of it depending on how much he can afford. There are many people who are dumbfounded by the fact people are investing in an "internet money" and a lot are calling it scam but so far I can see that investors are happy with the returns and some even become millionaires because of it.
full member
Activity: 158
Merit: 100
you know why bitcoin price reach that price? It because people that buy Bitcoin with real money. I buy some bitcoin (in little amount of course) every month for long term investment and yes it turns great even just little amount. If it my routine, it will be huge amount someday
member
Activity: 378
Merit: 10
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Yes, in my country, people are concerning about new ICO projects and they're looking to invest in all project that they fell it's potiental.
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