Topic: Do people actually buy coins with real life money? - page 24. (Read 3946 times)
I will make every attempt to invest real money into crypto at every opportunity. Once there's a way to convert any of my retirement accounts to crypto, I'll most likely move to that as well.
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 mean how often do people buy crypto currency like ETH and BC
All the time, if you look at the daily trade for these currencies it is absolutely huge, while $300 or $6000 may seem a lot to you, to others it is worthwhile to purchase at those prices.
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ 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 mean how often do people buy crypto currency like ETH and BC
I've been doing this frequently. I don't have another option. Provide small budget from my pcoket and keep buying the best ones. This is what you said, valid for me.
I do this once a week or 4 times a month.
Cool great, I mean yes, even if someone can't buy ETH or BC they can buy some other currency which might go up and profit there. But it's definitely worth it
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 worth, both Bitcoins and Eth are valuable coins that can be convert to cash anytime. I have been split money from my salary every month to buy Eth. No really much, i only buying about 0,5 Eth per month, as i believe Eth will have good price mark in next year. I did this for long invest, I mean how often do people buy crypto currency like ETH and BC
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
Those who are jumping in the Bitcoin world yes they are real money to buy Bitcoin, specially to those who are interested to join trading or wants to join an investment scheme that requires Bitcoin as a deposit (which we dont encourage). When I was new in Bitcoin I bought Bitcoins using my own money to start gambling in online casino and after a few months I learned that there's a lot of ways to earn Bitcoins which is better than buying it.I mean how often do people buy crypto currency like ETH and BC
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
Those who are jumping in the Bitcoin world yes they are real money to buy Bitcoin, specially to those who are interested to join trading or wants to join an investment scheme that requires Bitcoin as a deposit (which we dont encourage). When I was new in Bitcoin I bought Bitcoins using my own money to start gambling in online casino and after a few months I learned that there's a lot of ways to earn Bitcoins which is better than buying it. I mean how often do people buy crypto currency like ETH and BC
People will keep buying as long as they will think that there is still room for growth, no matter the price.
The only thing that might change is who is buying bitcoin. So far most buyers were normal people but I think this has already started to change. More and more banks and big speculative investors are buying bitcoins because they figured out that it's not a bubble so they want to get their share of 21 million bitcoins before the price goes even higher.
The only thing that might change is who is buying bitcoin. So far most buyers were normal people but I think this has already started to change. More and more banks and big speculative investors are buying bitcoins because they figured out that it's not a bubble so they want to get their share of 21 million bitcoins before the price goes even higher.
There are still more rich people who yet don't know about bitcoin.So,whatever the price be,still there will be people investing in bitcoin.Also,some people who work spends around 25 to 30% of their salary every month to buy bitcoins irrespective of its price as they could not afford at once to buy a whole bitcoin.People see their future to be bright with bitcoin and so they continue to buy it and also,bitcoin has not disappointed them yet.
I think BC is not a significant enough for the next few years, because it basically BC still one or have a relationship with bitcoin. Where if I thought or understanding about BC. Cryptocurrency only as a place to manufacture things that have not been useless, because the technology in the bitcoin is already better and certainly a lot of accepted or considered as well as sought after by entrepreneurs or companies that already have outstanding economy
Some people do, of course. Personally I bought bitcoins in June when the price was around 2400 USD. I decided to spend about 30% of my "extra money" which is money that I don't necessarily need for everyday spending. I didn't invest fiat currency since then but the main reason is not the price but simply I don't want to have more than 30% of my capital in crypto.
Back to your question, I don't think the price above 6000 USD is a problem, people are still buying because they believe it will go to 10K and more. Most people buy fraction of bitcoin, maybe 1000 USD worth of bitcoin. Although some people that I talked to, actually said that bitcoin is too expensive for them right now so they will not buy it. But these people don't really understand bitcoin or they don't trust anything that is virtual, including crpytocurrencies. Even if I would have talked to them when price was 2000 USD, they would say the same, that it's too expensive and it is a bubble.
So people who learned about blockchain and belive that this is the future of economy, will keep buying, no matter the price.
Back to your question, I don't think the price above 6000 USD is a problem, people are still buying because they believe it will go to 10K and more. Most people buy fraction of bitcoin, maybe 1000 USD worth of bitcoin. Although some people that I talked to, actually said that bitcoin is too expensive for them right now so they will not buy it. But these people don't really understand bitcoin or they don't trust anything that is virtual, including crpytocurrencies. Even if I would have talked to them when price was 2000 USD, they would say the same, that it's too expensive and it is a bubble.
So people who learned about blockchain and belive that this is the future of economy, will keep buying, no matter the price.
I buy bitcoin every month with half of my salary! I have been doing this for last four years and this habit of mine has afforded me opportunity to buy my own house change my car and buying more asset!
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
Right now I think most people have prioritized buying digital currency. there are several percent of assets that they share to buy digital currency. from the scale that I see then most people buying digital currency is for the purpose of being used as an investment, very people who use it to conduct financial transactions. for example is me, i spend 50% of my savings to buy Bitcoin. so when I can save 500 $ each month then I will allocate as much as 250 $ to buy Bitcoin and the rest I save to buy assets such as land and gold. it is a formula that I use every time and I am sure that I do it can maintain the stability of my balance sheet. I mean how often do people buy crypto currency like ETH and BC
it's all depend on the trader themself,
for us $300 and $6000 is a lot,but for them who has a million dollars in their pocket buying something like this can not be considered an expensive thing.
also they're looking it at the bigger picture,just look at it right now.
people will stop buying something directly but instead they're using an online payment to buy something and waiting for their item to be delivered.
if this continous do not you think Bitcoin has a lot potential in the future ?
they're seeing it as a hidden treasure that is why they're buying it with their 'real' money aka Fiat.
how often ? you can see everyday people made a trade,which mean everytime or every second people made a trade.
everybody have their own life,their own financial and etc etc.
so everything is all depend on the viewer themself,
for us $300 and $6000 is a lot,but for them who has a million dollars in their pocket buying something like this can not be considered an expensive thing.
also they're looking it at the bigger picture,just look at it right now.
people will stop buying something directly but instead they're using an online payment to buy something and waiting for their item to be delivered.
if this continous do not you think Bitcoin has a lot potential in the future ?
they're seeing it as a hidden treasure that is why they're buying it with their 'real' money aka Fiat.
how often ? you can see everyday people made a trade,which mean everytime or every second people made a trade.
everybody have their own life,their own financial and etc etc.
so everything is all depend on the viewer themself,
Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ 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 mean how often do people buy crypto currency like ETH and BC
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