Topic: Reasons You Shouldn't Buy Bitcoins - page 4. (Read 1626 times)

I think it should be bitcoin price instability, in addition I can not think of other reasons not let me buy bitcoin, bitcoin is a good investment choice, even the paper money or gold, our money is likely to stolen, but bitcoin is cryptocurrency, he is safer than other currencies.

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.

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.

There’s a bunch of reason to not invest into cryptocurrency though, like illegality of it it your jurisdiction is one of the biggest reasons to not do so for starters that is IN MY OPINION

Until now I have never experienced any adverse things with cryptocurrency, except for my own mistake. So I have no reason to stop here. Anyway why should stop if it is very profitable, right?
Many people say that because the price is easy to change, or easily hacked, come on... it's a technical problem, it will not happen if we have good analytics and able to chart well, and keep our wallet safe.

Bull markets aren’t guaranteed at the time though, they change all the time, currently we might even be in a bull trap market and not know about it

I don’t think anyone really cares what the government thinks unless they are doing stuff like jailing you for owning or having Bitcoins which isn’t a common thing

Because when the coin loses its value, you lose your money. I think you should know about bitcoin and encryption, and then you'll know about investing or speculative trading.

As prices continue to rise, it may be that the cryptocurrency markets are not particularly friendly to beginners, so they may lose money.

The reason why you would not buy Bitcoins will depend on how you think on the things that Bitcoin is trying to go against. First, Bitcoin is obviously against the banks. And if you are with the banks or pro-banks then you will definitely be against Bitcoin. Secondly, Bitcoin is somehow disadvantageous to the government because Bitcoin users may evade necessary taxes. This might be another reason why you do not go into buying Bitcoins. Thirdly, you are simply so hooked up by the normal way of doing things that you are not welcoming some big changes.

We all have different opinions from bitcoins, But it is not a valid reason for everyone to tell that bitcoins is a scam, There are people who are lucky to get profit and also who are unlucky to lose their investment in the market. Not everyone does really have the good times but lets just accept the fact that you can actually get rich on bitcoins if you work hard.

1. cause you missed the best opportunity, that is 5 years ago
2. it is a risky investment and you cannot bear with it
3. since you are asking this question, you don't have the belief to invest in crypto, I think only this one is enough to stop you from investing

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.

one reason i can think of not having money to invest. who would not invest in bitcoin or any cryptocurrencies? by investing them it can give you profit/money so why not invest?.

Bitcoin is the first decentralized currency.

For most of modern history, our money was controlled by the central bank and a network of small banks, and electronic payments were facilitated by an electronic automated information exchange center.

But the BITCOIN network has greatly changed this situation, because transactions are processed on the basis of one rank network, and not through the central electronic clearing house or other centralized financial institution.

The fact that Bitcoin is decentralized means that it is not controlled by any government and therefore the value of bitcoins is not tied to any geopolitical events, although it is accepted as payment for goods and services, is a means of exchange.


Bitcoin acts as a means against inflation.

One reason that this type of digital currency is growing at such a high rate is that many people are increasingly aware of government policies aimed at eventually reducing the cost of traditional currencies and seeking financial protection against the decline in the value of conventional currencies.

One of the reasons that money, expressed in bitcoin, is largely protected against inflationary pressures, is that there is a fixed money supply of twenty-one million bitokoyn.

This limit can never be exceeded.

This means that BITCOIN owners do not have the opportunity to simply print more money in the same way as central banks and governments do.


Transaction fees with bitokoyn.

Due to the decentralized nature of the Bitcoin payment network and the chain of blocks that makes possible bitcoin financial transactions, the bitcoin transfer fee from your digital wallet is practically not charged.

This can save money, both for the seller and the buyer.


Having learned about the important advantages of using BITCOIN over any other conventional currency, you can see whether this type of digital currency is the right choice

The only reason is that i think is a close one is because of digital currencies' volatility in its market price. The moment you invest and that digital currency will plunge and seems not to come back anymore seems to be frustrating.

No i think you need to invest here because little money here can be big in the future,so even it's has volatile price and it's risky to do investment in crypto i think a little money can affect your life at all because you can invest $20 here so even your investment here not go well it's so affordable to lose and it can't affect your life in financial.Moreover always think positive not like your post that full of negative.

I don't think that we have any negative factor about bitcoin that can say that don't invest in bitcoin , here in my life without bitcoin to live it is about impossible now because my full earnings that I spend is from bitcoin .
But still I have a factor to not to have bitcoin investment , but for those countries where bitcoin is not legalised and may be any bad descion can be done by government of that country and may be that person who invested can sell bitcoin at low price and face big loss .
Beside of this factor I don't think any reason is available here that leads not to invest in bitcoin at all .

altcion can make much more profit than bitcoin IF you pick up a good one.  i want to know how many people know about deeponion? is that worth to buy?  it seems promising!!!

I do not have any reason not to invest in bitcoin, for me bitcoin is very easy for everyone to use it so I think bitcoin is a very good role to do to all people, and even very popular in all countries.