Topic: Why people are still buying Bitcoin? - page 10. (Read 3028 times)
People will keep buying Bitcoin because it has proven beyond all doubts how well it can perform on the crypto market. Holding Bitcoin for a long term gives the investor assurance of good returns because Bitcoin always recovers from the bear market and enters bull market all the time.
Everybody buying bitcoin see the full potential, high earning investment in it. Many early adopters of it became millionaire now, the good thing about bitcoin is, this investment is open to all whether your too young you can join.
Bitcoin is have a very good prosperity, it has gone to the moon and it will still move more than what is now because at every big dip it goes with a huge raise
They are still buying because people are so hopeful with Bitcoin. Though a lot has been making Bitcoin low now, this first cryptocurrency never fail to raise. So to answer that question, many still trust bitcoin and will trust bitcoin.
People are thinking that Btc rates will grow soon. Thats why they are buying more and more bitcoin.It takes time but definitely they will get lots of money by investing on bitcoin.If you invest more then you will gain more.
People hope that bitcoin will bring them the mountains of gold and wait for it to take off more ,which was in the beginning, but it is unlikely he will be able to rise to previous heights.
They keep investing bitcoin because they know in the future, bitcoin will increase higher and higher in value so that they get a big profit when they convert it back to fiat.
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.
I doubt that an increase in the cost of bitcoins to 16,000 dollars will take 5 years. This will happen, most likely, this year, and that is why it is bought) 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.
Many hope that bitcoin will go up. I believe that there are prospects for growth if it will work with governments and use bitcoin to pay for goods and services.
Regardless of all the risks to be faced, more and more people want to enjoy the benefits offered by bitcoins and merchants that work together with bitcoin. It's all about bitcoin that can be used as a form of payment system, unlike gold and silver that can not be used to pay.
This is indeed true, as a matter of fact many people uses it as a substitute on stocks exchange, why ? because stock exchange requires a lot of paper works while bitcoin is very easy and convenient to use, you can use it as a money or even as investment . A lot of people are keep on earning bitcoin ,you just need a proper guide and knowledge about it,
I think that bitcoin can help investors make quick profits in a short time and not wait 5 years, but bitcoin implies a lot of risk. Personally, I still prefer investing in bitcoin than investing on gold and silver.
However, I think investments in gold are more reliable in terms of long-term period than investments in bitcoins. It also all depends on the amount of investment - no one will pour into bitcoin all their savings given its jumps in the market, which can not be said about gold and silver.
I think that bitcoin can help investors make quick profits in a short time and not wait 5 years, but bitcoin implies a lot of risk. Personally, I still prefer investing in bitcoin than investing on gold and silver.
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.
The reason people are still buying bitcoin, because bitcoin is the best coin and can provide great benefits.
everyone bought it because of the hype and speculation in place. Which means if everything goes well, you do not have to wait for 5 years to reach $ 16,000 but less time. But that's why bitcoin is seen as a high-risk investment. others may buy it because they use it for other purposes rather than speculation. They love bitcoin and the trust they provide is so high why they can not stop buying bitcoin. The other thing I noticed is they see bitcoin very profitable.
Well, you can not love bitcoin for the fact that it is just bitcoin) in any case, every potential and real investor bitcoin has its own benefit. Most often financial and in many cases fraudulent. This should always be remembered when dealing with cryptocurrencies and currency exchange exchanges. 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.
The reason people are still buying bitcoin, because bitcoin is the best coin and can provide great benefits.
Although Bitcoin is now weakening, but bitcoin is not abandoned, when there are people who sell, on the other hand even more who think positively and think this is a good opportunity to shop for digital assets.
A growing number of futures are adding to Bitcoin's legitimacy as one of the top asset. There are many success stories that we can see from here. For example when Bill Miller risked his crypto hedge fund and managed to get 50% Bitcoin. This is proof that Bitcoin is not dead at all.
Here it is necessary to understand that the survivability of bitcoin depends not only on the purchasing power of the currency, but also on how much it is backed up and what. Miller may own 100% of bitcoins, but what's the point if it is devalued in the stock market and exchanges? A growing number of futures are adding to Bitcoin's legitimacy as one of the top asset. There are many success stories that we can see from here. For example when Bill Miller risked his crypto hedge fund and managed to get 50% Bitcoin. This is proof that Bitcoin is not dead at all.
Although Bitcoin is now weakening, but bitcoin is not abandoned, when there are people who sell, on the other hand even more who think positively and think this is a good opportunity to shop for digital assets.
A growing number of futures are adding to Bitcoin's legitimacy as one of the top asset. There are many success stories that we can see from here. For example when Bill Miller risked his crypto hedge fund and managed to get 50% Bitcoin. This is proof that Bitcoin is not dead at all.
A growing number of futures are adding to Bitcoin's legitimacy as one of the top asset. There are many success stories that we can see from here. For example when Bill Miller risked his crypto hedge fund and managed to get 50% Bitcoin. This is proof that Bitcoin is not dead at all.
everyone bought it because of the hype and speculation in place. Which means if everything goes well, you do not have to wait for 5 years to reach $ 16,000 but less time. But that's why bitcoin is seen as a high-risk investment. others may buy it because they use it for other purposes rather than speculation. They love bitcoin and the trust they provide is so high why they can not stop buying bitcoin. The other thing I noticed is they see bitcoin very profitable.
iam still buying bitcoins becourse i pay my hosting and domains with it and i get a small interesat rate on my bitcoin core balance..
regards
regards
Regardless of all the risks to be faced, more and more people want to enjoy the benefits offered by bitcoins and merchants that work together with bitcoin. It's all about bitcoin that can be used as a form of payment system, unlike gold and silver that can not be used to pay.
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