Topic: The reason that keeps me from investing in bitcoin - page 5. (Read 15436 times)
My purpose for investing in bitcoin is that its cost is so flexible and you can check the change of its value. You can pull out your cash anytime you want and it would be easier for you to control your funds on the web. This is why a good deal of buyers are clinging on bitcoin -- they would revenue massive volume from it esp. that its value is rising up so rapidly.
I don't think you have anything to lose investing in bitcoin for a couple of years like you said about the fees it isn't like you going to be spending it daily so the fees versus potential growth should not be an issue.
First, bitcoin has the tendency to increase +50% its price on a week (risk can also be dump but temporarily).
Second, transaction fees now is much economical than before (bank might have low fee but also low interest).
Third, its lessen time (travel, fare) in sending money most wallet is capable or have an option for it, so be done at home.
Lastly, you dont have to reveal your identity when you want to invest (privacy, anonymity).
Soon you will realize that those things is so important that you would regret not to.
Second, transaction fees now is much economical than before (bank might have low fee but also low interest).
Third, its lessen time (travel, fare) in sending money most wallet is capable or have an option for it, so be done at home.
Lastly, you dont have to reveal your identity when you want to invest (privacy, anonymity).
Soon you will realize that those things is so important that you would regret not to.
Simply because it's decentralised. Transactions are fast, no need to go from one place or another. In our country there is a Smart padala which is sending money locally, and remittances for local and international transactions. But with bitcoins no need in specific remittances and retailer in sending money. There is also smaller fees with it.
It would be great if this will be implemented in other things because as I have read some countries are already planning to put bitcoin as payment in taxi, hotels, restaurants which is very advanced nowadays.
It would be great if this will be implemented in other things because as I have read some countries are already planning to put bitcoin as payment in taxi, hotels, restaurants which is very advanced nowadays.
The reason why I keep investing from bitcoin is the potential earning from it..We all know that bitcoin is still on growing...Even i expierence being scam I still keep investing for potential income
The biggest reason someone dares to invest a lot in cryptocurency is the result. and see the coin charts that are rising annually. this makes people believe that bitcoin or altcoin has a chance for investment
I agree.Of course no one dares to invest if there are no positive results or outcome.But once a person trace its price way back,he would be really amazed of how far the price has gone nowadays.I personally keep on investing bitcoin because i believe it will give me a huge profit after some time of investing.And by simply noticing the price right now,you would be really tempted to invest more on bitcoin.Your investment money will be duobled or tripled after a long time of investing.
There is no reason whatsoever but hope to be profitable, many people say that bitcoin transactions are faster and safer, but I invest bitcoin for the reason of getting a profit so that one day I get a huge profit.
well,
i keep investing on bitcoin because i believe it will help me,
i would like to retire early because work is stressing me out,
i keep investing for my early retirement.
Yes you're right,bitcoin is really a good investment for our retirement soon.As for me,i keep on investing bitcoin because i still have not reached my dreams in life.I know for sure bitcoin will be the best investment nowadays to fully realized my dreams and aspirations in life. i keep investing on bitcoin because i believe it will help me,
i would like to retire early because work is stressing me out,
i keep investing for my early retirement.
Bitcoin is like gold. You would not walk about with blocks of gold to pay out purchase your sandwich with, you spend and let it sit. Commit all your FIAT forex for sandwich'sÂ
The logic is a bit different what you wrote here.In terms of price gold are used as backcurrency for governments. Forex trading is risky and traders can lose their deposit in blink of eye.There are several reasons but no need to look for perfection in cryptoworld.
Bitcoin is no much more suitable to use as a currency.In previously years of bitcoin,folks employed it to get merchandise and to spend for companies.But now with these kinds of massive increase in price tag,now no human body is willing to spend bitcoins for just acquiring any factor which could be easily acquired with fiat funds.They do not want to unfastened an earning opportunity with bitcoins.They rather treat it as a valuable investment decision which could give them large returns in foreseeable future.Even right after the considerably envisioned segwit activation,nothing has transformed sufficient.The miners nevertheless desire to perform their possess sport by confirming only the transactions with larger charge.Coming to your stage,you have decided to commit your cash for two to three a long time.For that,bitcoin is he final choice.So you have no need to fear about higher transaction charge.
Bitcoin is like gold. You would not walk about with blocks of gold to pay out purchase your sandwich with, you spend and let it sit. Commit all your FIAT forex for sandwich'sÂ
It's dread. Concern has a huge grip on people. Your entire body has dread to protect alone but your head above exaggerates then chance really often. A negative state of mind for instance can be very harmful. Worry keeps individuals from becoming productive and only these of us who push through our fears have any hope on achievement in what we do.
well,
i keep investing on bitcoin because i believe it will help me,
i would like to retire early because work is stressing me out,
i keep investing for my early retirement.
i keep investing on bitcoin because i believe it will help me,
i would like to retire early because work is stressing me out,
i keep investing for my early retirement.
Well, now the fees have returned to a livable size, and crypto has soared since this thread started,
I hope that you decided to invest. If so your nest egg is a lot more than at the starting point.either way, it still isn't too late.
good luck ! Happy allocating, cheers!
I hope that you decided to invest. If so your nest egg is a lot more than at the starting point.either way, it still isn't too late.
good luck ! Happy allocating, cheers!
The biggest reason someone dares to invest a lot in cryptocurency is the result. and see the coin charts that are rising annually. this makes people believe that bitcoin or altcoin has a chance for investment
I think only people who do not understand bitcoin who do not want to invest in bitcoin ,,,, my advice for people who do not want to invest in bitcoin, "recognize, understand and invest"
but it should be remembered and understood also that bitcoin has a risk of loss ,,
The biggest reason of why people do not invest in bitcoin is fear, people fear those things that they do not understand and many people are unable to understand bitcoin but eventually when bitcoin reaches big prices they are going to lament not investing in it even if they never had any intention of investing in bitcoin in the first place.but it should be remembered and understood also that bitcoin has a risk of loss ,,
If lack of understanding or fear of the unknown is the stumbling block then I guess it is wise to seek clear understanding of Bitcoin and how it works and how it can be beneficial to you including the risks involved in investing into it before you make a decision to stay away from it.
Bitcoin fee is nothing compared to what paypal takes for buying/selling and the sales tax imposed, especially in the US. Pick your poison, but bitcoin transaction fee is nothing compared to what else is out there. It's a reason why I switched to BTC payments for selling artwork.
It will be better to start today, until bitcoin price is still low, we all know that bitcoin already reach $4600 which is can possibly happen again in the future, we all see that bitcoin has a potential to reach that amount so maybe today is the good day to invest.
Yeah it is good to invest in bitcoin now. I have invested in bitcoin and my country has made the bitcoin legal now. Once the huge and the well developed countries will start using bitcoin then it will grow to some more extent, for me bitcoin is best in all the regards, the price of the bitcoin is getting high as the more people are getting in to bitcoin and they are ready to invest in bitcoin now.
I think that no one should consider bitcoing as a real currency today. It might becom a a currency in the nearest future, but today it's an investment only. When I buy bitcoin I buy stocks of the company that will develop fast in the next several years.
I think it's a good decision if you're infesting your money for bitcoin, because bitcoin prices are expected will go to rise in the next few years, and if you invest now you'll make a big profit.
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