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Topic: What Motivates you to Invest in Cryptocurrency? - page 16. (Read 39465 times)

sr. member
Activity: 491
Merit: 250
you can get to make huge profit from this market is something no single person would want to discard as an investment or tradable option. Every investment has risk and crypto is the most dangerous investment.
The motivation of profit is not the only reason why I want to invest in crypto currency. It is also about the fact that it has given me the freedom to invest even the little money I have to get profit out of it. Besides the profit, the business is secure and this is what the rest of crypto lack. At times, high jumps in the market can really multiply your worth and that is what an investor needs.
full member
Activity: 357
Merit: 102
Honestly, many people seek cryptocurrency more because of its volatility. Whether they do it consciously or not, they wish to make large money quickly. This can happen only with a volatile market. Further, we find a lot of newbies even in this forum feeling bad that they lost money or they could not make money as value of BTC has not risen much especially with the expectations being high after the 2017 last quarter. Seeking such profits is not bad but before investing I feel there is a need to prioritize the needs that could be fulfilled with such an investment as BTC especially if you are looking to make money soon rather than keep BTC as a long term investment.

This very motivation and idea behind the investment will speak volumes on the reaction of the investors once the market is down. Strangely, many people do not sell when the market price is high and even when their purpose of investment will get fulfilled. They wait for the price to soar even higher. And if the value starts trickling down, they still hodl and wait for the price to move beyond the point where it had last peaked high. But again, when the market is in a steep downfall, instead of buying, many people will start panic selling and end up in loses. Many a time we find this even in the new threads and discussions even within our forum.

So what it is that makes you invest in crypto? Is it because it caught your fancy? Is it the volatility? Is it because there is a need to fulfil in your life? IS it because you are a day-trader? Or is it fun?
I participate in this market with the money I earn from work. I can freely participate in ICO projects or trade on exchanges without experiencing too much psychological problems. I think this market has given me a passive profit and I can know how to manage my capital adequately so that it does not hurt my family. If you invest in Crypto, it is best not to borrow money from others as it will only cause you to lose money
This all comes when you have learnt very well about trading and investing. There is no big difference between these two but still you have to be careful when selecting one of them. In trading, things are quite easy for you against investing. There is some big scams ratio in investing because fake ICOs are there and you can become a victim. So do double check and then decide.
member
Activity: 406
Merit: 10
I have heard BTC term a few months ago. The reason I have chosen to start my trading is that of the price volatility. I purchased a little worth of bitcoin when it was 5000 USD, and it suddenly increased to 8000 and then reached up to 17000 USD last year. By then I realized that I will make a good profit and I dumped all and made huge profits. then I purchased again when it reached 4000 USD. this is not the same as everyone but I got motivated just because of this, I am not expecting such a high profit immediately because we never know what can happen with the market and its value.
full member
Activity: 658
Merit: 100
PayAccept - Worldwide payments accepted in seconds
Everybody is investing in Crypto for the profit it gives the investors, and I spend in it for the benefit. The advantage is the motivation that motivates me to learn about Crypto and make significant decisions to invest in it.
member
Activity: 266
Merit: 10
I think all of us have the same motivating factors which are known as profit and money! i think that all traders want to earn much which helps them to invest in crypto, I think that investing in crypto you get not only money but adrenaline
newbie
Activity: 20
Merit: 0
This market is highly profitable. However, the risk is high. But if there is good knowledge will survive
full member
Activity: 602
Merit: 129
Obviously knowledge and money you can say I'm selfish or an opportunistic guy what can I say I'm no saint to guide everyone to the right path I will use every means to succeed also I will not take for granted the great perks about me to proceed to greatness lol. I want to achieve great knowledge to achieve my goals in life.
member
Activity: 182
Merit: 10
With the decline in bitcoin prices for now this will make us hurt and we have experienced many losses but this investment I do for the long term and I will melt when I already have a lot of profit and I am very confident someday that bitcoin will return to month, this is everyone's hope.
full member
Activity: 406
Merit: 104
The possiblitiy of huge profit for a shorter time motivates me to invest in crypto but this motivation was not as easy as buy and sell transaction only since you need to study every coin you invest since crypto market is very volatile and risky if you make weong decision it could put your investment at risk or losing big amount of money.
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
The future! I believe we are in the "future" we dream of already. We have a common currency that we all use, the usage of cryptocurrencies is thru the roof and now we can say that at least we have a global currency.

It used to be dollars but thats backed by governments and it has been proven during 2008 that governments will never see the benefits for people but only to people who fill their pockets. So we built our own currency and basically revolutionized the money market. I will always follow on the foot steps of satoshi in regards to this project.
sr. member
Activity: 812
Merit: 256
Becouse i belive it will be in mainstream sooner or later all countires would accept them we need time for that blockchain is great and all understand it ,everywhere we would see it i belive.
sr. member
Activity: 423
Merit: 250
Honestly, many people seek cryptocurrency more because of its volatility. Whether they do it consciously or not, they wish to make large money quickly. This can happen only with a volatile market. Further, we find a lot of newbies even in this forum feeling bad that they lost money or they could not make money as value of BTC has not risen much especially with the expectations being high after the 2017 last quarter. Seeking such profits is not bad but before investing I feel there is a need to prioritize the needs that could be fulfilled with such an investment as BTC especially if you are looking to make money soon rather than keep BTC as a long term investment.

This very motivation and idea behind the investment will speak volumes on the reaction of the investors once the market is down. Strangely, many people do not sell when the market price is high and even when their purpose of investment will get fulfilled. They wait for the price to soar even higher. And if the value starts trickling down, they still hodl and wait for the price to move beyond the point where it had last peaked high. But again, when the market is in a steep downfall, instead of buying, many people will start panic selling and end up in loses. Many a time we find this even in the new threads and discussions even within our forum.

So what it is that makes you invest in crypto? Is it because it caught your fancy? Is it the volatility? Is it because there is a need to fulfil in your life? IS it because you are a day-trader? Or is it fun?
I participate in this market with the money I earn from work. I can freely participate in ICO projects or trade on exchanges without experiencing too much psychological problems. I think this market has given me a passive profit and I can know how to manage my capital adequately so that it does not hurt my family. If you invest in Crypto, it is best not to borrow money from others as it will only cause you to lose money
I like the online trading and investment system which is a better system availability to make money from home. This modernism of market is a better benefit for all of us because it was very hard and is still very hard to make more money with traditional businesses but is possible in the crypto market using your knowledge. Modernism is expanding more and more with the passage of time as many other countries are recognizing it.
newbie
Activity: 84
Merit: 0
I'd say I am optimistic to cryptocurrencies because many are.
To be open to others' opinion is great.
full member
Activity: 392
Merit: 112
There are many people who only invest in cryptocurrency is to get rich, but for me, it is not. I really hate those people who are really eager to become rich because of cryptocurrency without learning the technology behind cryptocurrency, I am not telling that it is not good to become rich in crypto, but what I want is, they should also appreciate what crypto is and they should know how crypto works, and they should always keep on their mind that cryptocurrency is really risky!
hero member
Activity: 952
Merit: 503
the thing that motivates me the most is the price, because I happen to invest in a new coin that has potential with the price is still very cheap because previously I have been researching how bitcoin development from year to year has a very big increase hence I try to invest in new coins who hopes that the next few years will have the same price potential as bitcoin
For me, the motivation was the profit so many people earn form just using their electronic gadgets. Besides, other perks and benefits that the technology offers are worth using and have actually minimized the cost in the traditional market.

These are the two motivations which forced me to learn about the technology. It might be possibly the future currency as well which is another reason why I chose crypto currency in general and Bitcoin in particular.
full member
Activity: 266
Merit: 100
There is an opportunity to get good amount of money with small investment. That is why I motivated to come to this world of cryptocurrency.
hero member
Activity: 840
Merit: 502
The only reason why i jumped into the world of cryptocurrency was a colleague of mine who was living good outside our monthly earnings, this spore me to join the forum and by his grace things have been going easily and gently. This colleague of mine bought car and alongside with many other assets, so my believed is, if he can make it i will make it too from the world of cryptocurrency..
Just be careful, it is very easy to make the mistake that if someone that you know was able to become successful with cryptocurrencies that you can do it as well, many of my friends after seeing my small success thought they could do better and invested in icos despite my advice to not do it so soon when they had no experience, and now most of them are losing money and I do not see a way for them to recover that money.
full member
Activity: 420
Merit: 100
I invest in cryptocurrency and trade cryptocurrency because I believe I won't lose in the long term. I can only gain because of what the new technology has to offer. I was too young to know about investing in domains, but now that blockchain is here and is here to stay, I'm confident in my cryptocurrency investments.
Yeah with trading though, the fact that you are taking advantage of the volatility which is actually the main reason I believe that the volatility of the cryptocurrency space itself is a huge blessing for those who have trading knowledge.

Cryptocurrency is here to stay and it is going to be here for long, and being a part of this space at this early phase is a privilege that one in their sane mind would not want to be a part of.

More like getting to be a part of something big in the future and then not wanting to embrace it, who does that ?

Everyone has the same motivation, because those who invest on cryptocurrency are all hoping for the price of bitcoins to grow in the future and that's when they are going to be rich, just like what happened to early investors in the market.
full member
Activity: 672
Merit: 144
As a motivation for me to invest in cryptocurrency. Based on my point of view, this is the easiest way to earn money even though it's risky. Being a long-term user has benefited through cryptocurrency. I have also seen the real facts of Bitcoin that traverse some of the revealed statements to make it fall.
in any case, every user of the crypto currency is engaged in trade or investment mainly for profit, and only then think about high technologies. The new is real, the crypto currency has today been able to feel financially independent for many people.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
I get motivated with the income that I am expecting to earn from this. We all know that when we invest in bitcoin, we are sure to have a income. However we just have to wait for the meantime. In addition, I am motivated with the fact that this will help a lot of economies to rise in the future. I know this soudns general but yes it will.
Asjde from income crypto currency is the potential to grow in the market today as a new innovative platform that would lead to success of currency.

Well in general of course, you're after the profit first. But if you really think about it, the crypto world is really a vast expanse of opportunities not just for profit but pretty much everything. Legit projects using blockchain for hospitals, schools, transactions, real estate, and a whole lot more. Makes you really see how the future would look like
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