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Topic: Reasons You Shouldn't Buy Bitcoins - page 3. (Read 1626 times)

member
Activity: 280
Merit: 10
April 09, 2018, 11:31:20 PM
The only reason you shouldn't buy bitcoin is if you have a weak heart and can't watch the way you see your coin dumping and pumping again unless so , I won't even advice my enemy not to buy BTC for any reason what so ever,  bitcoin has a bright future in which we have seen just a fragment of it over it's 9 years now of its operations. Everyone needs to buy bitcoin now before its too late.
hero member
Activity: 2604
Merit: 816
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April 09, 2018, 01:42:24 AM
Im sorry but i find no reason why I shouldn't invest in bitcoin,because my positive position in cryptocurrency specially in bitcoin is always indeed..when i get into investments my focus is for profits not for losses so i dont really consider the negatives,though ofcourse we cant control or dictate what will happen tomorrow still the good thing is what i am expecting in this way i become stable in this community for year and i will continue this as long as im gaining and having earning with it

I don't have any reason to not buy bitcoin right now because, for me, I see my chance to make money from bitcoin especially if the price can go up and down too often with a big gap price in a buy order and sell order so I can take more profit. besides buying and selling bitcoin, I also use bitcoin for my investment and I keep saving more bitcoin for my future and I can buy something from bitcoin. I don't think that the volatility bitcoin is bad for me because as long as I can use the gap price, I can take more and more profit.
sr. member
Activity: 568
Merit: 250
April 08, 2018, 11:56:56 PM
Yes there's a lot of reasons why you shouldn't buy bitcoin and that includes:

1. The bitcoin/cryptocurrency is ban in your country.
2. You don't have any capital/investment money to buy bitcoin or other cryptocurrency.
3. You don't believe that it is legit because most of the cryptos becomes a scam.
4. You don't have enough knowledge about cryptocurrency.
5. You shouldn't buy bitcoins because you can earn it thorough works.
6. The value of bitcoin is high and you're waiting for the right time.

We do have different reasons why we shouldn't buy bitcoin and cryptocurrency but most of us decides to trust bitcoin/atlcoins and face take the risk in order to earn money.


Yes, but basically you will not buy bitcoin if you dont understand what this investment is all about. Money comes after. Because i believe that if there is a WILL there is always a way. Once we can understand the risks and the benefits as well, then by that time it is easier to buy a bitcoin investment. I believe that in every investment there is always a corresponding risks but as human as we are we will always try to find a better and greener pasture and I believe that with bitcoin there is a greater chance to live a better and greener lifestyle. So all in all if you don't want that easier and happier life then you should'nt buy bitcoin.
member
Activity: 256
Merit: 10
April 08, 2018, 11:50:15 PM
Why should you not invest in bitcoins, cryptocurrencies?
Is there any valid reason to stay away from cryptocurrencies?
I think it is good to have some discussion here for our kind information.

When there is something that that is not a compulsory to anyone but a free to choose or reject that then every reason is found only from each individual and that is what bitcoin is. Bitcoin is the very best thing that is created in our times but like the others it has also disadvantages. So that disadvantages will let someone to decide whether he/she will participate or not.
full member
Activity: 450
Merit: 107
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April 08, 2018, 11:47:59 PM
Right now I have some coin assets. I'm not just focusing on bitcoins because bitcoin prices are so expensive that I invest in a variety of coins. so I can trade on various coins and increase my chances of earning bigger profits.
sr. member
Activity: 826
Merit: 265
April 08, 2018, 11:44:17 PM
Im sorry but i find no reason why I shouldn't invest in bitcoin,because my positive position in cryptocurrency specially in bitcoin is always indeed..when i get into investments my focus is for profits not for losses so i dont really consider the negatives,though ofcourse we cant control or dictate what will happen tomorrow still the good thing is what i am expecting in this way i become stable in this community for year and i will continue this as long as im gaining and having earning with it
newbie
Activity: 106
Merit: 0
April 08, 2018, 11:30:15 PM
The only reason we do not buy Bitcoin is that we think Bitcoin will drop in the near future. But I think this is a problem for people who are trading Bitcoins. I will invest in Bitcoin, so I will work hard to get enough Bitcoin. According to the positive information from the US tax season, Bitcoin prices in the coming time can grow slowly. Consider making the right decision.
member
Activity: 350
Merit: 10
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March 30, 2018, 04:40:28 PM

 A decision of whether to buy BTC or not should be made independently, just like any other investment decision, crypto is a a very high risk business but i don't see any reason as to why one shouldn't buy BTC especially if they are fully aware of what they are getting into.
legendary
Activity: 2954
Merit: 1159
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March 19, 2018, 11:23:21 AM
I think more than 90% of the people here are buying bitcoin. Why shouldn't you buy bitcoins? We are ordinary people, we have no power, we do not have a large consortium of money to invest. This may be the most suitable investment channel for ordinary people. I think we need a bit of courage to stick with it, although it has a great risk.

My government forbid bitcoin usage because it can be use for criminal attempt like money laundry, corruption,etc
That's why my people still have less interest to invest on bitcoin !

indeed if the government forbids the use of bitcoin certainly as a good citizen we must comply with government regulations.
probably because they have reasons related to criminality in the country so they forbid the use of bitcoin.but this surely really a disadvantage for bitcoin users in that country

Bitcoin is risky for everyone. You can lose your money, only if you don't work with honesty and show indolence. There's some scammer waiting for you. They can scam your money by ditching you. If you work with patient, being smart, and take your full concentrate you can't lose your money.
Be careful, work hard and with care and you're good to go.




sr. member
Activity: 882
Merit: 250
March 10, 2018, 08:03:25 AM
Well for me, one reason why you don't need to buy Bitcoin is if you are not a risk taker and if you panic easily, Bitcoin market is volatile and it is not for you.  Wink

I also think that people with the weak nervous system should stay away from Bitcoin and cryptocurrency. Those, who have been staying at this Forum and deal with the market are ready for BTC prices' changes always.
sr. member
Activity: 420
Merit: 252
February 07, 2018, 11:51:43 AM
if you don`t have knowledge about the markets in general and crypto in specific and if you invest just because your friend made some money and you believe you will make 100k with only 100$ than you shouldn`t invest.
jr. member
Activity: 196
Merit: 1
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February 07, 2018, 11:49:22 AM
Well for me, one reason why you don't need to buy Bitcoin is if you are not a risk taker and if you panic easily, Bitcoin market is volatile and it is not for you.  Wink
sr. member
Activity: 308
Merit: 267
February 07, 2018, 10:16:31 AM
Yes there's a lot of reasons why you shouldn't buy bitcoin and that includes:

1. The bitcoin/cryptocurrency is ban in your country.
2. You don't have any capital/investment money to buy bitcoin or other cryptocurrency.
3. You don't believe that it is legit because most of the cryptos becomes a scam.
4. You don't have enough knowledge about cryptocurrency.
5. You shouldn't buy bitcoins because you can earn it thorough works.
6. The value of bitcoin is high and you're waiting for the right time.

We do have different reasons why we shouldn't buy bitcoin and cryptocurrency but most of us decides to trust bitcoin/atlcoins and face take the risk in order to earn money.

sr. member
Activity: 588
Merit: 256
February 02, 2018, 02:12:54 PM
Stay away if you want to stay on the current system that only oligarchs have the control of everything. Stay away from btc if you still want your government to fool you and get your hard earned money to them but will not do anything to make living in your country better.
why should I give a reason for what you say we all know that bitcoin is a financial asset that has a very high asset value. so even if I have to give you a reason for what you are questioning I think it's just a stupid excuse and just wasting time. I think that for this moment you better find more information about bitcoin so you can better know the benefits that you can get from bitcoin.
member
Activity: 100
Merit: 15
January 31, 2018, 02:20:54 AM
Bitcoin is volatile and there are many countries that do not accept bitcoin, which is a big factor that we should not buy a lot of bitcoin.
newbie
Activity: 107
Merit: 0
January 30, 2018, 07:15:29 AM
 More and more people and businesses seem to be using Bitcoin.  Assuming Bitcoin is adopted for number of practical applications, the value will rise significantly. So far, the attitude of most government regulation toward digital currencies has been,a few, negative. If you like adventurous . you can invest bitcoin  Grin
member
Activity: 280
Merit: 10
January 28, 2018, 01:34:10 PM
I do not think there is any reason not to buy bitcoin. Can you refuse an excellent and potential investment opportunity like bitcoin? No, if you really do not have financial problems. bitcoin instability. That is the special point that makes huge profits from investors, corporations.
newbie
Activity: 75
Merit: 0
January 28, 2018, 01:01:06 PM
Another reason not to buy bitcoin is some currencies like Ethereum and Monero have increased in value faster.
sr. member
Activity: 812
Merit: 250
January 28, 2018, 11:53:05 AM
I mean I don’t see bitcoin replacing money. But, it does have merit as a store of value, because you oftentimes need bitcoin to exchange for other altcoins. So in that respect, having some bitcoin on hand for a buying opportunity of an altcoin could be a good thing.

maybe not now that bitcoin replacing the money but maybe in the future after the government approve bitcoin to be used by the people and I hope in that time, I have much of bitcoin. but I don't see any reason for me to not buy bitcoin because I only see that bitcoin could give me a chance to make more money for now and for my future so I still want to make money from bitcoin.

Right now it's hard for me to see a reason not to invest in bitcoin. Maybe the only possible reason not to invest could be if you cannot afford  to lose the money you're going to invest. There may be a risk in investing in bitcoin but the same goes for all other kinds of investment. Risk will always be there. But investing in bitcoin would be really worth it as long as you understand and have studied first about cryptocurrencies and how it works.
full member
Activity: 462
Merit: 102
January 28, 2018, 11:51:04 AM
Why should you not invest in bitcoins, cryptocurrencies?
Is there any valid reason to stay away from cryptocurrencies?
I think it is good to have some discussion here for our kind information.


If you're thinking of a reason NOT to buy bitcoins, well, my reasons are the expensive cost per bitcoin and how much slow and expensive the transaction time and transaction fees are with bitcoins. If having 1000 pieces of alt coins costing $1 each is better than having .01 bitcoins for $1,000 (hypothetically speaking), then I'd rather go for a thousand coins. I think I'll have a better chance of gaining a lot more money with that odds.
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