Topic: Why people are still buying Bitcoin? (Read 3028 times)
why do so many people buy bitcoin, because they still believe that bitcoin is one of the best coins, even in the past few months we see that the price increase is not so significant but personally I really believe that this year the price will return soaring
People are still buying bitcoin for numerous reasons as stated below
The price for transacting bitcoin very, Bitcoin is leading the market as the first cryptocurry, Many people pay attention to bitcoin to other cryptocurrency.
The price of bitcoin Is stable than other cryptocurrecy, Bitcoin is hugely used over the world, Bitcoin is smarter than other cryptocurrency and many more. Base on the afore mention reasons people still maintain their interest in buying cryptocurrency. Most considerably the word is about to go out from the use of cash into cryptocurrency
The price for transacting bitcoin very, Bitcoin is leading the market as the first cryptocurry, Many people pay attention to bitcoin to other cryptocurrency.
The price of bitcoin Is stable than other cryptocurrecy, Bitcoin is hugely used over the world, Bitcoin is smarter than other cryptocurrency and many more. Base on the afore mention reasons people still maintain their interest in buying cryptocurrency. Most considerably the word is about to go out from the use of cash into cryptocurrency
Well i think people are still buying bitcoin because though things seems to be on the slope to the south when you check at coinmarketcap but they believe that things are going to get better soon especially in the next season. So they are buying now at a cheaper price and hold it to gain much when it starts going up again.
I think best time to buy Bitcoin
People are still buying bitcoin because at present the value of bitcoin is low at this time.So people are availing this opportunity of buying new coins at low price because in future they know that in future bitcoin price will definately rise and they will sell at that time and earn more profit. We should always try to buy coins when the prices are low and only try to sell when the prices will increase.People believe in bitcoin so this is the main reason they are still buying new coins.Everyone knows that bitcoin has the capability to rise in future .
many people now buy not only bitcoin but also the top altcoins and keep them for several years and earn good interest
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
thats why people buy bitcoin, they think if buy bitcoin will get profit faster than gold and silver they can get profit 100% in a year if the price of bitcoin stable
I think some people know trading on bitcoin need more patient and experience in trading because trading bitcoin have a big risk
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
Click link below for a short insight.Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
https://www.quora.com/Why-do-people-still-invest-in-Bitcoin-when-the-days-of-striking-rich-have-already-passed
Personally, I think that people have this belief that despite the high price, Bitcoin still has the potential to grow further as demand continues to increase. But there may actually be some truth in this especially for the big players. For the small players, probably not so much.
People still believe in Bitcoin because they trusted it. It will rise even the market is in red status. Bitcoin has a future to go further in the cryptocurrency world market. Greater opportunity is coming to Bitcoin that's what they believe.
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
Click link below for a short insight.Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
https://www.quora.com/Why-do-people-still-invest-in-Bitcoin-when-the-days-of-striking-rich-have-already-passed
Personally, I think that people have this belief that despite the high price, Bitcoin still has the potential to grow further as demand continues to increase. But there may actually be some truth in this especially for the big players. For the small players, probably not so much.
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
Power of Hope!!!
No, it is just a power of propaganda, that's make many of people buying it by the prinzip of "wow, so many people have made profit on that thing - i must do it too -> cause it will go up to 20000 again!"
Summary: those people losses their money=)
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
because bitcoin is reliable and still profitable for its users. so bitcoin is now adding to the demand and many are investing their money in bitcoins because they believe that bitcoin is a lucrative and promising investment venue
Good Day!
Well, for me those people that still buying bitcoin even until now that the price goes down are those who still believe that bitcoin will still stand and rise again.
And by the time even me believe that once it rise again it will really return all the loss that we've experienced.
I firmly believe too that since it is volatile, we could not still rely on what its value right now cause maybe later or sooner it will goes up.
That's how it work tho. People right now grab the opportunity to buy bitcoin because in the near future it might result a good one.
Well, for me those people that still buying bitcoin even until now that the price goes down are those who still believe that bitcoin will still stand and rise again.
And by the time even me believe that once it rise again it will really return all the loss that we've experienced.
I firmly believe too that since it is volatile, we could not still rely on what its value right now cause maybe later or sooner it will goes up.
That's how it work tho. People right now grab the opportunity to buy bitcoin because in the near future it might result a good one.
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
Generally you are correct. But I think many people choose to invest in bitcoin because it is morenofba conservative approach in a super volatile market.
people are still buying bitcoin because few days ago 1 bitcoin rate was 16000$ something but now its price 8000$ something for this reason i think people are still buying Bitcoin. after few days later i think the price of bitcoin will increase a lot.
maybe people are still many who think positively that the future bitcoin is still bright. more and more demand will be more expensive, hopefully, so as happened in 2017. and many investors or traders who believe the moment will be repeated again.
If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
There's a lot of people still buying bitcoin because we are still hoping and believing that in a future bitcoin will rise up again and we still support bitcoin for it is a profitable and it verry usefull in a future.
the reason is that btc don`t need 5 years to become 16k as we all have seen in January it has reached 20k within a very short time period, and the mentality is if it has made once why not once more.?
because the value of bitcoin is rather stable and can be increased and its popularity is incredible.
People still and will be bought bitcoin for the hope to earn profit when its value increase its called trading exchange. I also bought mine and keep on hold until the valur of bitcoin getting high for me to sell it and that include the profit from the amount increase during that period.
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