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Topic: What motivates you to start investing in cryptocurrency? (Read 439 times)

full member
Activity: 1834
Merit: 166
A year ago I had a friend who talked about cryptocurrency and checked the news about cryptocurrency on YouTube and various websites. At the time, I didn't know what cryptocurrency was and was very skeptical.
In the past few months, I saw a lot of news about profiting from investing in cryptocurrencies, and I also saw a store that indicated that it was possible to pay with Bitcoin.I became interested in it, so I asked that friend to leave the knowledge about cryptocurrency as a hobby investment.
How did you start investing in cryptocurrency?
The first introduction was from close friend of mine as he was active in this market and asked me to invest some portion of my savings in this market as i asked him for investment advice.At first i was not so much excited but slowly when i came to know about bitcoin from learning it became my favourite investment option.Some altcoins also make up my portfolio in past but when you gain knowledge btc become the most preferable choice for us.
sr. member
Activity: 1066
Merit: 261
We are glad you have joined the decentralized crypto world. You are the sole owner of your investment, and you certainly receive benefits as a result. Technology is changing everything, and I would like to be a part of that change. It's not wrong to keep ourselves up-to-date, and to use cryptocurrency.
full member
Activity: 1204
Merit: 110
I am a freelancer writer and also write about crypto, ICO and blockchain. In 2019, one of my client offers me to pay via BTC, that was the first time I accepted BTC as payment. That first payment revealed me that payments can be made b/w writer and consumer without any middlemen. Why paying fee to freelance platform rather deal directly and get 100% for your hard work.
member
Activity: 1165
Merit: 78
I like trying new things and I'm the type of person that doesn't want any window of opportunity to slide me by but the story of people like Erik Finans, the Norwegian man that invested $27 in Bitcoin which later turned to thousands of US dollars are what motivated to start to invest some penny into crypto.
sr. member
Activity: 1764
Merit: 260
Binance #SWGT and CERTIK Audited
A year ago I had a friend who talked about cryptocurrency and checked the news about cryptocurrency on YouTube and various websites. At the time, I didn't know what cryptocurrency was and was very skeptical.
In the past few months, I saw a lot of news about profiting from investing in cryptocurrencies, and I also saw a store that indicated that it was possible to pay with Bitcoin.I became interested in it, so I asked that friend to leave the knowledge about cryptocurrency as a hobby investment.
How did you start investing in cryptocurrency?
Cryptocurrencies offers variety of opportunities in which if your time of investment is perfect you'll be able to multiply your initial investment, sometimes even in exponential profit. That's rare if you'll invest on stocks. Cons, since it is very volatile, you could also lose the value of your investment. Always do your own research before investing into something, that's one of the most important thing you have to do first.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
I start making investments in bitcoin because out of curiosity there are a lot of people talking about Bitcoin at first I didn't trust those rumours but when I experience that to gain profit by holding and selling on the ATH I gained profit also this did not happen without a proper guide which is the help of the forum knowledge and my urge to get more information what are the possible things might do of the bitcoin the other assets.

Right now I tried to invest, hold, explore more of the bitcoin and related itself.
member
Activity: 966
Merit: 25
Ton Together | Save Smart & Win Big
I knew about bitcoin from youtube back in 2017. It was interesting because of the new technology and how it grows rapidly from the first time it was found. I was totally mesmerized by the videos I watched and then I start to learn more about bitcoin from articles I googled. From there, I started to know about other cryptocurrencies and how they could change the world. I get some information on how to earn for free from the crypto world. I know faucets, airdrop, and bounty, and of course, Raiblocks (NANO) that then changed my life 180 degrees. I have never used my own money from my pocket, but I used money from rewards instead, I learn to trade from there and start to invest. Since then, I never invest in the old, popular, and stable projects like bitcoin or ethereum but the newborn projects instead.
member
Activity: 252
Merit: 13
I'm just trying to make a living since my country isn't even close to getting better, from online surveys down to HYIP and finally crypto, at the time I don't even know what it is, it was around 2017 then I started buying through coinbase, today crypto is a bigger part of my life
jr. member
Activity: 48
Merit: 10
 :)This question is very good, willing to share, and also very interesting,

About 3 years ago, a boy introduced by a relative chased me and said in a chat that he was buying bitcoins. Obviously, he was speculating when he bought bitcoins. By the time of Halloween, he may have lost money, about 300,000 yuan. When he told me, he was in a very bad mood. He said that he would never buy Bitcoin again.


     Later, I still didn’t accept this boy’s pursuit. When I told him that we were inappropriate and would be good friends in the future, he said that if you need help in the future, you can call him. I said you teach me how to buy BTC, he looked surprised,  he taught me how to operate it,Since then,


    He taught me how to operate. Since then, he has never returned to this circle, but I have become a believer of Bitcoin.


     Later, I found a boyfriend who did Bitcoin-related work.
member
Activity: 128
Merit: 27
When I was in college, I heard about Bitcoin and other cryptocurrencies. My roommate uses part of his savings to invest in the crypto market. I didn't understand at the time. I am worried that he will be deceived. As a result, he originally invested 700 US dollars, but it became 5000 US dollars. I was a little attracted.
Did your friend withdraw them at 5000 dollars or did he keep it in Bitcoin? I am interesting whether your friend is a trader looking to invest in Bitcoin to eventually take it back out again into fiat or if he thinks that Bitcoin is worthy of becoming a mainstream currency.
member
Activity: 135
Merit: 16
When I first heard about cryptocurrency, I was surprised by the crazy trend of Bitcoin at the time. I was thinking why I didn't enter the market sooner. No one will say no to money, but I understand the risks involved. I began to learn technology and knowledge, and I gradually entered the market to minimize the risks.
jr. member
Activity: 55
Merit: 5
When I was in college, I heard about Bitcoin and other cryptocurrencies. My roommate uses part of his savings to invest in the crypto market. I didn't understand at the time. I am worried that he will be deceived. As a result, he originally invested 700 US dollars, but it became 5000 US dollars. I was a little attracted.
member
Activity: 154
Merit: 11
A few years ago, I did not understand blockchain and Bitcoin. One day I suddenly saw Huobi, and when I went inside, there was actually this kind of technology.
I learned about the security of cryptocurrency. I don't like ordinary work. I am more willing to take risks. So I choose cryptocurrency. I am grateful, because of my courage, cryptocurrency has changed my life.
hero member
Activity: 1092
Merit: 747
Wow.. Thou as for me, it wasn't an easy road. A came know about crypto and made my first investment after a friend of mine told me about Forsage 3by3 referrer matrix program back then in 2018/2019 after making some good profit out of it. And I become so interested in it. Because back then all you needed to join the forsage was only 0.5 Ethereum, which was equivalent to $5 as of then.
legendary
Activity: 3234
Merit: 5637
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I am even guilty of this. Cheesy
But to save it off, I am still using my BTC to send out money to my distant friend outside of my country. Without the authorities involved, I am able to send it without getting involved into too much trouble like having expenses with my transportation plus the fee that I would potentially pay for due to the service done and I know we have mining fees but that does not even matter to me. Smiley

Yes, I forgot the banks and how good it is to get around those greedy bastards when it comes to sending money - not to mention how the treatment of ordinary clients has deteriorated in recent years - account management fees are rising, and under the pretext of some KYC rules every year I have to go to the bank and declare that I do not finance terrorism or any illegal activities.

The sense of financial freedom that Bitcoin provides is sometimes the best motivation, and even when the market sinks 50% overnight I don't feel like a loser - because smart people know that despite normal oscillations, Bitcoin always goes forward.
copper member
Activity: 2156
Merit: 983
Part of AOBT - English Translator to Indonesia
Higher APY to be honest and bitcoin is futuristic  Grin, you can invest learn and working at the same time in cryptocurrency world  Grin

High Risk High Return
jr. member
Activity: 60
Merit: 5
In 2016, my friend introduced me to Bitcoin. I didn't quite understand it at the time. I always feel that I don't understand the principle. So I rejected my friend. When he came to my house in 2018, I was reading a book about Bitcoin and blockchain in bed.
jr. member
Activity: 62
Merit: 8
At first, I heard of it from a friend who majors in finance, but I didn't take it seriously. Later on, I saw the word "Bitcoin" frequently from my test paper, magazine and even one lecture mentioned that and the orator was bullish on cryptocurrency. I got inspired!
I bought an assortment of coins from Binance and other platforms. though till now, I earned just a little, I enjoy it and I just adopt a moderate proportion of my money on it.
Technical analysis doesn't work in many occasions, for me, investing in cryptocurrency is like opening mystery boxes!
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
Quote
How did you start investing in cryptocurrency?

It's the fact that some people say we are not in control of our future. So we can do something that can change our lives.
Bitcoin is such a unique concept. So I found it interesting, and of course as a curious engineer, I started to look deeper and deeper into it.
copper member
Activity: 60
Merit: 11
Quote
How did you start investing in cryptocurrency?

I started investing in cryptocurrency after I started reading and learning about it several years ago.

It peaked my interest a lot because I liked the idea that you could be in complete control of your funds, and that nobody could take it away from you as long as you acted smartly and made sure to secure your funds.
Another reason I started investing in it is because I thought that cryptocurrency has lots of uses now, and also in the future. (As now, many stores and other places accept bitcoin and other cryptocurrency's, and it is used in decentralized applications. & in the future, it is likely to be accepted in more and more places and used in different ways.)
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