Topic: Why people are still buying Bitcoin? - page 26. (Read 3028 times)
Hello everybody. A very strange statement of the question, why do people still buy bitkoyn? Because they, still, have free dollars, which they invest, with the hope of getting a good profit. This is a huge question, it is more profitable to invest in gold, or Bitcoin. I think that the investment in Bitcoin, nevertheless, has more opportunities to get the treasured doubling and trebling of the deposit faster. I'm not blinded by hyper growth, in recent years, the cost of digital gold. I try to weigh logically, the possibilities of an asset. For me, investing in Bitcoin is an opportunity to regulate your losses or profits. I am my own master. Buying gold, I'm not so flexible in making a profit, although I do not have anything against investing in gold. A year and two and three years ago, some people also strongly doubted the investment in Bitcoin - there are no people with the right or wrong point of view. Time will put everything in its own way.
People stay buying bitcoin because bitcoin has a bright future. although now the price is down but bitcoin remains the best investment precisely when bitcoin price goes down like this we have to buy it so when it goes up we get profit.
I believe people still buying because they still believe with bitcoin. And me too.
I believe people still buying because they still believe with bitcoin. And me too.
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.
People are still buying bitcoins, because the price is still undervalued, especially now.
Bitcoin doesn't have that much risk when you invest in it, as some other coin which just came on the market with market cap below 10-20 $ millions.
Hardly doubt that bitcoin will rise to 16k $ the next 5 years, this price is very realistic to reach already in this year.
Even if the bitcoin remains "flat" for the next 5 years, which is highly unlikely, and then perform a bull run from 16k to 50-60k $ it will still be more profitable investment as gold or silver.
As of now most of the people buy the bitcoin for the future saving. Bitcoin prices is any time to increase. So most of the people like the bitcoin for the future invest. People hold the bitcoin and wait for the price increase. If price will be increase sell on time. So people invest in the trading. Bitcoin is help to gather more business information. So it help to business improvement and get the new project information and that's the way or the reason why people keep on buying bitcoin.
your thinking is very simple what now you are getting 100% profit now from bitcoin but time will answer gold investment is pretty good now.
Because people still see bitcoin as a good investment of their money especially traders who are good at making profits in just a short period of time. Bitcoin is true to its promise to change the lives of its users, holders and its enthusiast.
I think there is still a chance for recovery, I know there is a lot of panic going around. I still think there is a chance am basing this on the fact that such drop happened before and Government banning happened before as well. So I think people are buying Bitcoin in a hope of its price will be rise again and get some profit from their investment.
The value of Bitcoin is really Big and has a great guarantee that the price will be higher. Bitcoin has a greater value than other currencies. Many people now want to have Bitcoin that's why they keep buying Bitcoin
Bitcoin is spreading world wide daily because of the conference most developers are organising, this makes people knows about the future of Crypto currency which prompted them to invest without minding the current price...
Because Bitcoin is a lucrative investment, although the bad news about Bitcoin, but the number of Bitcoin users continues to increase.
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.
People are still buying bitcoin because they have dreams. Dreams that they want to come true. They believe that bitcoin will help them to reach their dreams. Because many people become rich or have a better life using bitcoin. If you buy bitcoin you just need to wait for a few weeks or months to have a big profit from it.
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.
Everybody, including me, is saying that investing in bitcoin will get a profit! At present, there are many ICOs projects, so many opportunities to make a profit! I always hope to be successful!
Yes, most of the people buying bitcoin for big profit it is just like investing waiting for the right moment that the price will be high.
Bitcoin is a very penomenal requirement nowadays. Bitcoin is used as a tool of financial transactions and also as an investment. And using bitcoin they can make payments in the internet world easily and not afraid to be stolen because it safe.
people today has knowledged about what a bitcoin is all about.These are people who are likely to invest into it and some of them are we so called bounty hunters.They seek for a free cryptos in every bounty campaing end.Aside from investing,they looked for a bounty and participate into it.There are also people who buy bitcoins at the lower price,they tend to sell it when bitcoin starts to reach its higher value in the market.
Bitcoin will not give 300% profit in one year every year. $1,000 to $10,000 and big names like Chinese Billionaire "Jack Ma" says bitcoin is a bubble.
Even if you preferred Gold or Silver there is no guarantee that they will earn a stable growth of 20% to 35% investments don't have any assurances and to give you a brief history Silver was valued more compared to Gold, look at where they are now? This give as an understanding that in the future there are really no guarantees on what will happen to their prices. And in Bitcoin you don't need to wait for it to go to 16,000$ to double your money, you can buy and sell it even with just a 100 or 200$ price decrease in increase, you will be surprised on how fast you will double your money in that technique compared to waiting it off on big target price.
The difference of gold and bitcoin is that the gold appreciates it is not affected by deflation while bitcoin is a coin which value is based on the holders, the point here is if you want to invest and want a sure win on investment, then you should buy gold, but always remember that the general rule of investment is the lower the risk, the lower the return.
If you look at the current price then I'm sure all users will be interested to buy, let alone the trend of price increases usually occur every month june to december or Q3, and now is the right time for buying cheaply and of course not long the price will reach $ 10k.
People are still buying bitcoin because any person who know the technology and understands market trends are know that bitcoin is the currency of future. These small dumps does not make any difference. Look in a bigger picture
Everyone already knows that bitcoin prices are very volatile and if you look at the graph then now is the right time to buy because the price immediately skyrocket, of course if buying now then we will get big profit. 
I think people area till buying bitcoin despite its challenges and possible slow growth in value because a lot of people believes in it and see every chance of profit gain in any other way. Another reason would be because most people investing in it are hoping that bitcoin value will again increase rapidly up to $19k or more in just a short span of time, which is actually possible.
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