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Topic: Why do you buy Bitcoins? - page 15. (Read 66701 times)

full member
Activity: 214
Merit: 100
December 04, 2016, 11:51:39 AM
I buy Bitcoin because it is a secure and decentralized way of storing value, and it's an investment that has a high potential for the long term, if you are a holder, or for the short term if you have trading skills.

That is a good idea. It seems the bitcoin is a good trading tool if you can find a good altcoin to trade against.
hero member
Activity: 959
Merit: 500
December 04, 2016, 10:54:25 AM
I buy my bitcoins when I want to make a payment with bitcoins.
That's mostly the case when I want to buy a subscription online.
And the rest of my bitcoins after the putrchase go into my savings account for bitcoins.
Who knows, maybe one day it will be worth a small fortune...
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
December 04, 2016, 01:34:36 AM
I bought one coins cause of halving, but nowdyas when price is almost $550 it's not so profitalbe so i am just wating for halving with my coins to sell.
I think your making a good profit right now Smiley good luck to you and coins is still growing up if you are going to sell your coins it's time the price is quite big and you made 200$ without doing nothing just waiting or trade it into more profitable thin in exchange website.
He bought bitcoins back June this year so probably if he was not tempted to sell he can make a good profit with the year end. You are right that you do not need to do exert much effort to have that price as just by holding alone it can already give you a good profit in the long run.
hero member
Activity: 1372
Merit: 564
December 04, 2016, 01:13:16 AM
I bought one coins cause of halving, but nowdyas when price is almost $550 it's not so profitalbe so i am just wating for halving with my coins to sell.
I think your making a good profit right now Smiley good luck to you and coins is still growing up if you are going to sell your coins it's time the price is quite big and you made 200$ without doing nothing just waiting or trade it into more profitable thin in exchange website.
hero member
Activity: 1008
Merit: 500
December 04, 2016, 12:29:05 AM
I do buy bitcoin just to have profit,this is the easiest way to earn bitcoin, buy bitcoin wait till it goes up and then sell of them. Sometimes i buy bitcoin to pay for some services or task that i will offer.
sr. member
Activity: 266
Merit: 250
Invulner
December 03, 2016, 11:45:35 PM
To grow it in some gambling site. Wink

I don't think it is very sustainable to "grow" your bitcoins in a gambling site. Rather you are probably faced with a big red losing streak once you actually start gambling, because the house edge will not allow you to win in the long term.

I buy bitcoins because it is a quick an easy method to transact money and value overseas instantly. That is the main reason.
hero member
Activity: 882
Merit: 500
December 03, 2016, 11:41:43 PM
I do buy bitcoin because it is easier for me to manage and lot better and smother than banks and it alows me to do any of my work any time and anyhow i want to no matter what platform or system i use i just need a bit of internet and a browser
I am making buy of Bitcoin only for profit .
The manage technique for Bitcoin is easy but earning is a big matter through this usually when I make purchase of some btc then I sold it at high price ( after price increase ) .
So it is only matter to make profit and also to make payment .
newbie
Activity: 56
Merit: 0
December 03, 2016, 11:05:54 PM
To grow it in some gambling site. Wink
sr. member
Activity: 462
Merit: 250
December 03, 2016, 10:00:06 PM
I buy bitcoin only when the price is low and theres a possibility that the price will go up after a week and gain some profit. And the rest o earn it on signature campaign and on gambling site.
hero member
Activity: 952
Merit: 500
December 03, 2016, 09:37:58 PM
There are few reasons as to why people including me buy bitcoins which actually covers the most for trading, as an investment, for purchase of good and services, if gambling is legal in their country so for that purpose and some for charity as well..
The price is why people buy bitcoin. I think all new people who join this bitcoin world are interested with the fluctuation of bitcoin price that really move so wild. Bitcoin have so many advantage that attracts people to use it. Bitcoin users can grow their money by trading or join any ICO. But suggest to all bitcoin users for not do gamble becouse most of gambler are lose their money. I think growing money is the reason why people buy bitcoin.
Gambling will just ruined your good investment plan, it should not be associated as part of your goal in a money making venture, it should be for fun but should be carefully done to ensure it will not affect your investments. Other way which I think very simple yet very effective is just buy simply holding it longer.
hero member
Activity: 672
Merit: 500
December 03, 2016, 08:44:42 PM
There are few reasons as to why people including me buy bitcoins which actually covers the most for trading, as an investment, for purchase of good and services, if gambling is legal in their country so for that purpose and some for charity as well..
The price is why people buy bitcoin. I think all new people who join this bitcoin world are interested with the fluctuation of bitcoin price that really move so wild. Bitcoin have so many advantage that attracts people to use it. Bitcoin users can grow their money by trading or join any ICO. But suggest to all bitcoin users for not do gamble becouse most of gambler are lose their money. I think growing money is the reason why people buy bitcoin.
copper member
Activity: 2254
Merit: 608
🍓 BALIK Never DM First
December 03, 2016, 06:42:35 PM
To be honest I don't have a particular reason in mind when buying bitcoin because bitcoin is very versatile, sometimes I just let it sit there for months and I get more money without doing anything, sometimes I spent the bitcoin immediately because I really need something.

So in short you are buying bitcoins just for holding it and that is considering you to have an investment in bitcoin. I'm doing this also but most of the time I'm buying bitcoins when I don't have enough funds for trading with alt coins and sometimes I'm buying bitcoins when I want to gamble.
So are you trying to tell that you are burning too much much gambling or trading Cheesy either way purchase bitcoin at this time is a high risk activity and i would be happy purchase some altcoins at this moment in time as i dont want to risk my money entering at the price it is now.
Trading is a good opportunity for those who need to earn money but this is risky for those who did not know how to do it, and gambling is very risky since you can lose your money in only short of time, I would say better to trade than gambling, and also I usually buy bitcoin to pay some of my bills.
full member
Activity: 236
Merit: 100
Presale is live!
December 03, 2016, 06:28:12 PM
To be honest I don't have a particular reason in mind when buying bitcoin because bitcoin is very versatile, sometimes I just let it sit there for months and I get more money without doing anything, sometimes I spent the bitcoin immediately because I really need something.

So in short you are buying bitcoins just for holding it and that is considering you to have an investment in bitcoin. I'm doing this also but most of the time I'm buying bitcoins when I don't have enough funds for trading with alt coins and sometimes I'm buying bitcoins when I want to gamble.
So are you trying to tell that you are burning too much much gambling or trading Cheesy either way purchase bitcoin at this time is a high risk activity and i would be happy purchase some altcoins at this moment in time as i dont want to risk my money entering at the price it is now.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
December 03, 2016, 02:40:25 AM
To be honest I don't have a particular reason in mind when buying bitcoin because bitcoin is very versatile, sometimes I just let it sit there for months and I get more money without doing anything, sometimes I spent the bitcoin immediately because I really need something.

So in short you are buying bitcoins just for holding it and that is considering you to have an investment in bitcoin. I'm doing this also but most of the time I'm buying bitcoins when I don't have enough funds for trading with alt coins and sometimes I'm buying bitcoins when I want to gamble.
hero member
Activity: 1218
Merit: 557
December 03, 2016, 01:51:28 AM
There are few reasons as to why people including me buy bitcoins which actually covers the most for trading, as an investment, for purchase of good and services, if gambling is legal in their country so for that purpose and some for charity as well..
legendary
Activity: 2534
Merit: 1338
December 03, 2016, 01:11:58 AM
To be honest I don't have a particular reason in mind when buying bitcoin because bitcoin is very versatile, sometimes I just let it sit there for months and I get more money without doing anything, sometimes I spent the bitcoin immediately because I really need something.
sr. member
Activity: 454
Merit: 250
December 03, 2016, 12:46:26 AM
I buy them to have money under my control. I have a growing unfriendliess toward fiat money, like more and more people hopefully.
Yeah, Bitcoin has more uses than just speculation. Although it can not be used to buy in any physical store, Bitcoin works as a great way to store value, protecting the investor from Fiat inflation. As they say, you can be your own bank.
sr. member
Activity: 364
Merit: 250
November 29, 2016, 01:18:34 AM
Bitcoin is a solid investment, and if I put aside $20 or $50 then I have to be more mindful of my spending.
It's good to stay responsible and save for your future, rather than only thinking about what you want right now.
Teaching young people to save for their future through small investments in Bitcoin etc is a good learning tool.
No question about that, but make you what you put as you investment will be the amount you can afford to lose. The trend is great as we can see the price of bitcoin is increasing but we need to reserve some doubts so we cannot make a foolish decision to put everything in bitcoin as our investment.
Yes, we have to put the right proportion in bitcoin and fiat. Although bitcoin risk is high but the chance to get big profit is big too.
hero member
Activity: 630
Merit: 500
RealistaToken.com
November 29, 2016, 01:15:02 AM
My goal for the bitcoin purchase gamble, investment, trading but often I buy bitcoin when prices surged higher bitcoin there I'll buy bitcoin, and bitcoin will make a profit when soaring
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
November 29, 2016, 12:24:15 AM
Bitcoin is a solid investment, and if I put aside $20 or $50 then I have to be more mindful of my spending.
It's good to stay responsible and save for your future, rather than only thinking about what you want right now.
Teaching young people to save for their future through small investments in Bitcoin etc is a good learning tool.
No question about that, but make you what you put as you investment will be the amount you can afford to lose. The trend is great as we can see the price of bitcoin is increasing but we need to reserve some doubts so we cannot make a foolish decision to put everything in bitcoin as our investment.
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