I bought bitcoin because I just want to stake and I want to hold this coin for over a year this coin has different possibilities and capabilities today the bitcoin can now adopt into a different industry, the forum also enlighten me a lot of things needed for the bitcoin so the holder can benefit but again it depends on the holder what they want to their coin which is bitcoin. I stake a bitcoin in any price because there's a possibility it might arise because of the market volatility. In the end, it depends on how you handle the coin.
Topic: Why did you buy bitcoin? - page 2. (Read 257 times)
Sorry Guys., But I need An Answer
I believe some people will say they buy bitcoin because it is decentralized, and that bitcoin was built with open source codes, that it has no central authority. All these positive feedbacks about bitcoin are true, but not the reason why most of these people buy bitcoin, they are just an added advantage. The main reason most people buy bitcoin is because it is deflationary in design, its price do appropriate (increase), that is why people do fomo if the price of bitcoin is rising already. at what price?
I do not think the price matters. There are people that were owning bitcoin already before its price get to $10, and there are people having it when its price was low. At $10000 when some people will think its price is already high, it even still surprised people and rose further. What matters is to hold and forget about it for over a long time. 
Initially it was for the potential return. Then I started to get interested in its decentralized nature, the POW, etc. Lately I am not so much interested in the potential return as in protecting myself from the massive printing of central banks, which would be two sides of the same coin. As for the price, I can't tell you, as I did DCA and don't keep track.
Sorry Guys., But I need An Answer
Why did you Guys buy bitcoin and at what price?
Thank you
Why did you Guys buy bitcoin and at what price?
Thank you
I bought bitcoins to be part of the community. The last Satoshi that I bought where when Bitcoins were trading around 20-25,000 USD.
In my opinion bitcoins are an awesome investment, especially if you are looking for longterm projects.
At the moment I don't have any excess funds to buy bitcoins, buy I am still trading csgo skins. Hopefully I can sell some skins into bitcoins during the summer this year.
BTC/Crypto as a whole is more convenient to use than fiat in terms of remittance and storing funds, that is of you will compare it to banks or other remittance services. Another thing is, crypto is one of the best innovations created as one of the best alternatives to cash/plastic money. Faster and way more convenient compared to another traditional mode of payment.
I bought for the first time in 2017. Nothing fancy and it was actually to convert to ETH on changelly and use the ETH to buy into ICOs. I first came to know about crypto through an ICO advertisement. Then went to the Ethereum website and the tech enthusiast inside me was all fascinated by these astonishing ideas.
I did not understand software development well enough to judge whether those promises were actually deliverable. It was just a wild world which promised gains of 10-100X because i stumbled upon it by accident. So I went on this streak of putting 0.1 ETH on whatever ICO caught my attention. Now, none of them did anything close to a 10X or 100X. Slowly i realized that I had wasted around 0.5 BTC (It was around 7000 USD around that point). Over the years I have kept putting small amounts in Alt-coins but I make sure not to touch the Sats anymore. So although I am still a long way off from regaining the 0.5 BTC but it has been a fun ride of wild hope, FOMOing and sleepless worrying about missing the next opportunity. I am proud to say that I have been frighteningly consistent in missing them time and again..
I did not understand software development well enough to judge whether those promises were actually deliverable. It was just a wild world which promised gains of 10-100X because i stumbled upon it by accident. So I went on this streak of putting 0.1 ETH on whatever ICO caught my attention. Now, none of them did anything close to a 10X or 100X. Slowly i realized that I had wasted around 0.5 BTC (It was around 7000 USD around that point). Over the years I have kept putting small amounts in Alt-coins but I make sure not to touch the Sats anymore. So although I am still a long way off from regaining the 0.5 BTC but it has been a fun ride of wild hope, FOMOing and sleepless worrying about missing the next opportunity. I am proud to say that I have been frighteningly consistent in missing them time and again..
Sorry Guys., But I need An Answer
Why did you Guys buy bitcoin and at what price?
Thank you
Why are you asking that and what is your goal, I think the question is personal and I also don't understand your purpose and can't understand?Why did you Guys buy bitcoin and at what price?
Thank you
If you are planning to buy bitcoin now, why not do it or you are waiting for the bitcoin price to drop a little bit to buy it and hold it.
Why do you need to know?
Lmao, prolly he's just curious. I bought my first bitcoins back in the year 2014, when the price was peanuts as compared to what it is in 2021 now! But sadly, I didn't hold it, since I didn't really properly have no knowledge about it and hence, I sold it at a not so good profit. I think I bought around 0.5 btc or something. To think that's around 30k$ now sends me chills in spine
Why do you need to know?
Sorry Guys., But I need An Answer
Why did you Guys buy bitcoin and at what price?
Thank you
Why did you Guys buy bitcoin and at what price?
Thank you
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