Is bitcoin just for investors - page 2.

Nhor1011

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Quote from: Wesleyeric on October 14, 2020, 02:11:08 AM

So many people make this comment that bitcoin is for investors, but sometimes people use it in transactions, people actually prefer using bitcoin sometimes.And In a minute it will either ho higher or lower, And it a problem sometimes the money doesn’t belongs to you,but you just want the transaction to be easier, not everybody knows how to monitor market or trade. What is the answer on this. I really want to know if bitcoin is mainly for investors and other person that is using it just for that purpose if the losses if there own risk. Is bitcoin mainly for investors or for every one?

Bitcoin is not only for investors instead it is for all who wants to have it for their own purpose either they will use it to trade, to invest, to pay bills or to buy things in a store that already accepted it as payment. Also investors has already a capital to buy bitcoin but on the other you can also own a bitcoin without buying it instead work hard to earn it.

Mandarava

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Bitcoin is in the stage of active development, and although at the moment it is more intended only for a narrow circle of people familiar with this technology, but in the very near future the scope of its application will expand due to the fact that every month more and more new opportunities appear for its application.

plvbob0070

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Bitcoin has different purposes and it's just up to you on what reason you will be using bitcoin. It's just evident how a lot of people see bitcoin as one of the good ways of investing that's why you will see people making it as an investment. But it's not just limited to that because as what I have said, it has different purposes like you can also use it for daily transactions and such. And to answer your question, bitcoin is not just, particularly for investors. It's up to us on how we see bitcoin works the best.

Asuspawer09

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Quote from: Wesleyeric on October 14, 2020, 02:11:08 AM

So many people make this comment that bitcoin is for investors, but sometimes people use it in transactions, people actually prefer using bitcoin sometimes.And In a minute it will either ho higher or lower, And it a problem sometimes the money doesn’t belongs to you,but you just want the transaction to be easier, not everybody knows how to monitor market or trade. What is the answer on this. I really want to know if bitcoin is mainly for investors and other person that is using it just for that purpose if the losses if there own risk. Is bitcoin mainly for investors or for every one?

You can do whatever you want to your bitcoin for sure, you can use it in investment, trading, transactions, etc.

I think I can agree that bitcoin is mainly best when it comes to investment compared to other things that you could do in it, the volatility of bitcoin is I think a big factor that is why you could easily make a profit in the long or short term investment in bitcoin, also the demand and community in bitcoin is already solid so bitcoin is always going to have its value.

When it comes to transactions bitcoin is also useful since you could send currency anywhere but still needs a bit of improvement because we experience some issues when it comes to speeds etc. Bitcoin as a currency, for now, I don't think it's reliable compared to fiat money as the value is always going up and down, someone who accepts payment in bitcoin is taking a big risk in it. So I think bitcoin is the best for investment use.

Wulan_maniez

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Bitcoin for anyone, not only for investors as an investment asset. Today bitcoin is not only a digital currency but can a means of payment just like conventional currencies. The difference is that Bitcoin has no physical form.
Even business people and ordinary people use bitcoin as an alternative option for online payments.

XCANA

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Bitcoin without doubt is for both(investment, trade, buy and sell online) and should be accord the respect. Bitcoin wasn't meant for investment only but both traders(cryptocurrencies) online merchants among others, though many had this same idea that Bitcoin is use for investment only but that's not true. For investment, this tool or currency is the best for anyone becasue it has the ability to make double gains from a single investment packages with good prospect.

kryptqnick

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Quote from: Wesleyeric on October 14, 2020, 02:11:08 AM

So many people make this comment that bitcoin is for investors, but sometimes people use it in transactions, people actually prefer using bitcoin sometimes.And In a minute it will either ho higher or lower, And it a problem sometimes the money doesn’t belongs to you,but you just want the transaction to be easier, not everybody knows how to monitor market or trade. What is the answer on this. I really want to know if bitcoin is mainly for investors and other person that is using it just for that purpose if the losses if there own risk. Is bitcoin mainly for investors or for every one?

Bitcoin can be many things, and whichever use people find for it is fine. The most common uses nowadays are investment, trading, store of value (not to profit as much as to preserve the wealth one already has) and money. I'd love Bitcoin to be money more, but it's difficult to use it directly because almost nobody accepts it. BTC volatility, by the way, does not seem to be a big obstacle on its way to be recognized as money, I believe. At least, it's the case for now when the price can be fixed in fiat with a person paying with BTC according to the current exchange rate. The fees, however, are sometimes a significant problem. The most realistic solution would be to accept zero confirmation transactions (it was discussed here). So no, Bitcoin's not for investors only.

MWesterweele

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Quote from: glowing10 on October 14, 2020, 08:05:17 AM

Quote from: proTECH77 on October 14, 2020, 05:33:22 AM

Bitcoin is not just for investors alone. Some people choose bitcoin as their investment, where they can buy coins and sell coins to make profit at the end of the transaction. While some choose bitcoin as a platform where they can have more knowledge to use to differentiate bitcoin with other cryptocurrencies and for them to be identify as a bitcoin users not for investment alone.
Some just choose bitcoin as a course to study, so that they can impact all new users and,how to relate with bitcoin to get a good rank from the forum.

It can be used by investors, traders, merchants for their business, people for transferring money etc. So it shows us that it can be used by anyone and not just restricted to investors. But majorly people use it as a investment as it is one of the most profitable returns over the years and all have witnessed that 2017 bull run.

Bitcoin was for all means of purposes that a person may use wherever he/she wants. It may not solely used for trading or for investment but some of us here uses bitcoin as a mode of payment in their transaction via online. Well i guess the means of being convenient of bitcoin in payment system was best fit for all. Aside from it the mere fact that having a 1 bitcoin token if ever converted to fiat may valued much and can be used in such many transactions and can buy much goods than using a fiat.

glowing10

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Quote from: proTECH77 on October 14, 2020, 05:33:22 AM

Bitcoin is not just for investors alone. Some people choose bitcoin as their investment, where they can buy coins and sell coins to make profit at the end of the transaction. While some choose bitcoin as a platform where they can have more knowledge to use to differentiate bitcoin with other cryptocurrencies and for them to be identify as a bitcoin users not for investment alone.
Some just choose bitcoin as a course to study, so that they can impact all new users and,how to relate with bitcoin to get a good rank from the forum.

It can be used by investors, traders, merchants for their business, people for transferring money etc. So it shows us that it can be used by anyone and not just restricted to investors. But majorly people use it as a investment as it is one of the most profitable returns over the years and all have witnessed that 2017 bull run.

molsewid

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Bitcoin is for all. Not only for investors, for all the people worldwide that need the feature of bitcoin. We often see bitcoin is for the investor because bitcoin's price movement is convincing to investors. Most likely, the first you can encourage to use bitcoin is the investor because they know that they can earn from this bitcoin's price movement. But the reality, bitcoin, is for everyone. As long as you understand how it works, you can use it as a payment method, receiving payments to others, and many more.

CODE200

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Ofcourse it is not limited to the investors. An invididual may freely use Bitcoin as how he likes to because he acquired it. People may use Bitcoin on transactions or in daily basis but the problem is its adaptation from different countries. There are only few countries wherein Bitcoin and other cryptos are widely accepted which means Bitcoin is being used more of an investment not because they only want to do so, but because they have no ither choice to make use of such technology. The problem why it is being limited to investment purposes is because of its scope as a digital currency.

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Quote from: Wesleyeric on October 14, 2020, 02:11:08 AM

So many people make this comment that bitcoin is for investors, but sometimes people use it in transactions, people actually prefer using bitcoin sometimes.And In a minute it will either ho higher or lower, And it a problem sometimes the money doesn’t belongs to you,but you just want the transaction to be easier, not everybody knows how to monitor market or trade. What is the answer on this. I really want to know if bitcoin is mainly for investors and other person that is using it just for that purpose if the losses if there own risk. Is bitcoin mainly for investors or for every one?

Bitcoin is for everyone who want to use it. but of course, they need to know how to use it first. In short, they need to know about the basic to be able to get to the market and learn themselves how BTC trades actually works. They need to sacrifice their time and effort for this thing so that they can use it whenever they want. they don't need to be investors to use it. they just need to become knowledgeable on how to use BTC.

Wexnident

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The majority of it is being used by investors/traders right now so it's actually not unexpected for most people to see it as being mainly used for such. It's called cryptoCURRENCY for a reason. It's main purpose was to create a system that's basically transparent on how you spend or receive money through wallets, keyword "SPEND". Simply saying, Bitcoin can be used just like normal fiat, as long as stores accept them, but due to the adoption of it being at a minimal level right now, you don't see such opportunities that often. Remember that Bitcoin is a currency at it's core.

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Quote from: Wesleyeric on October 14, 2020, 02:11:08 AM

So many people make this comment that bitcoin is for investors, but sometimes people use it in transactions, people actually prefer using bitcoin sometimes.And In a minute it will either ho higher or lower, And it a problem sometimes the money doesn’t belongs to you,but you just want the transaction to be easier, not everybody knows how to monitor market or trade. What is the answer on this. I really want to know if bitcoin is mainly for investors and other person that is using it just for that purpose if the losses if there own risk. Is bitcoin mainly for investors or for every one?

For me personally it is investment opportunity but also how I play my casino games without using fiat.
If you want to ask what percent of people buy BITCOIN for investment only- I am guessing more than half of people do this.
Most people are not buying Bitcoin to use for making online purchases to its for either they want to gamble it or hope it goes up in price long term investing in it.

gabbie2010

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Personally as a trader I used bitcoin for peer-to-peer transaction my preference is based on the fact that I want anonymous and private means of transaction while avoiding the usual mandatory KYC demand from Skrill, paypals etc although some people utilizes bitcoin for investment purposes invariably for profit making others use it as a store of value thus providing a range of uses for any individuals depending on what purpose the user wants to use it for.

Leviathan.007

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Actually, no. Depending on your usage bitcoin can be useful for you. Due to the privacy bitcoin gives you, if you are looking for an anonymous payment method bitcoin can be really useful for you. But generally, regarding to the trades, if you ask me I would say since bitcoin market is still too young and there are many emotional price movements on it. So, this can't be safe for short-term traders. In other hand long investors will usually take a good profits by holding it.

lovesmayfamilis

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Today, the biggest supporters of bitcoin are young people. They are the ones who see Bitcoin as a source of future profit. A generation of millennials is becoming true Bitcoin adopters. The one who really understands the full value of bitcoin and is, as a rule, a real investor.

If we talk about the difference between investing and trading, then we can say that long-term investors receive stable and high returns. Namely, the one who knows how to wait and endure. Today, investments in bitcoin are made not only by ordinary citizens but also by large corporations. This is a positive factor that speaks about the development of the cryptocurrency industry.

Therefore, I see bitcoin more than a vehicle for investment. I understand very well that what I invest in is my money. From this, you need to really weigh your capabilities and not forget about all the risks.

proTECH77

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Bitcoin is not just for investors alone. Some people choose bitcoin as their investment, where they can buy coins and sell coins to make profit at the end of the transaction. While some choose bitcoin as a platform where they can have more knowledge to use to differentiate bitcoin with other cryptocurrencies and for them to be identify as a bitcoin users not for investment alone.
Some just choose bitcoin as a course to study, so that they can impact all new users and,how to relate with bitcoin to get a good rank from the forum.

traderethereum

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No, I don't think bitcoin is only for investors, even if the price still volatile.
You can use bitcoin, and every people can use bitcoin because bitcoin is not just for some people who have a lot of money.
Every investment will have the risk that we must realize and know how to minimize the risk. Even for the investor, they need to face those risks too.
But as long as you know how to reduce the risk, you will not have worried because no matter what it is, the risk will always be there.
If the price changes every minute, that is because many people want to buy bitcoin and sell it again to make a profit.

You can do that too if you want, but before you do that, it is better to learn how to analyze the bitcoin price movement to buy at a low price or downtrend.
You can hold it for some time after you bought bitcoin, and if you can buy bitcoin at a low price, you can calm until the time to sell your bitcoin comes.

cryptomaniac_xxx

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Quote from: Wesleyeric on October 14, 2020, 02:11:08 AM

So many people make this comment that bitcoin is for investors, but sometimes people use it in transactions, people actually prefer using bitcoin sometimes.And In a minute it will either ho higher or lower, And it a problem sometimes the money doesn’t belongs to you,but you just want the transaction to be easier, not everybody knows how to monitor market or trade. What is the answer on this. I really want to know if bitcoin is mainly for investors and other person that is using it just for that purpose if the losses if there own risk. Is bitcoin mainly for investors or for every one?

Technically, we can call ourselves all investors in bitcoin, so I don't get your point here. Maybe there could be whales or average joe, so it's for everyone and it's really up to you whether what you want to do with your bitcoin. Others trade, or just HODL on their wallet and sell in the future to make profits. The thing is that there is no central authority, so everyone has the freedom.

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