Topic: Why people are still buying Bitcoin? - page 7. (Read 3028 times)
For me, beacause they believe on it that they will earn and could earn by investing on it,like me i have a little bit investment in bitcoin and im still waiting the high price of it ,and if it will im willing to sell it and after that i would buy again in the dip price,these is the basic strategy that i know if you want to earn in bitcoin.
Well because there hoping that bitcoin will rise in this upcomming months and i hope it will come, i dont want bitcoin to come to the end. If i have the power i will voluntarily buy bitcoin if i can. If you manage to buy bitcoins at the lowest possible price, you are not just a wise investor, you will be an extremely rich investor. Since that is not possible, you will have to buy at different price points. And Bitcoin has the same problem. Firstly Bitcoin mining is a long process. Secondly, the amount of bitcoin is limited. Therefore, maybe Bitcoin will follow in gold footsteps.
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.
buying and investing with bitcoin is an option, because investing with bitcoin risk is great that we should get if we sure and believe certainly will not feel panicked and afraid of investing with bitcoin 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 the only currency which has high potential and stablility in their price, price of bitcoin is low nowadays but in future it will definitely rise!!
for me 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,still at the top of the market with the highest market cap and vlue, the coin i currently taking a dip, and low in valuation but those who know better knows that it will regain its value.
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 do believe that bitcoin will give them success..For me,,i still buying bitcoin because i do believe in the power of it..although the volatility of its value is not stable,,i know that somehow,,bitcoin will lead me to the success that i need to achieve..
People buying bitcoin at low price believe the promising future of bitcoin. they still believe that bitcoin can still rise again the price. so. they still buying Bitcoin
I think because it is the most expensive coin and people buy it when the rate is reduced and sell when it rises and earn
Because Bitcoin is a lucrative investment, although the bad news about Bitcoin, but the number of Bitcoin users continues to increase.
Because this currency with limited supply.
All limited things increase their price if it be useful.
And price today half of historical maximum
All limited things increase their price if it be useful.
And price today half of historical maximum
In my perception why people still buying bitcoin because Its a utility which commonly used to Invest In different altcoins or some ICO projetcts and Its also used as a mode of payment by paying different bills like, water and electric bills. And Its a kind of token where you can't ever regret once you start Investing It because Its surely Increase Its value once the demand was high.
Bitcoin still has the potential for growth. In any case, the percentage increase in the price of bitcoin is more than the bank can offer. How big a risk when buying crypto is so great and the profit
Long-term investment is subject to risk too. Gold and silver will make for 25% of profit? Most likely almost all this percent will be absorbed by inflation. The bitcoin gives the chance to earn much bigger % for a short time.
They buy bitcoin because huge companies are trying to implement blockchain on their system and it is slowly dominating the financial system and you'll just wake up someday regreting not buying a single one because it costs more than a $100k.
Gold is $1300/ounce. Bitcoin is going back to $6,000
They buy bitcoin because huge companies are trying to implement blockchain on their system and it is slowly dominating the financial system and you'll just wake up someday regreting not buying a single one because it costs more than a $100k.
Bitcoin is still quite reliable and still has the potential to have a high price, besides bitcoin also has a good security and easy transactions and can be done anytime. that's what keeps people buying bitcoins.
Because many people are believing that investing in btc and hodling it for a long time will give them a huge return instead of storing in a bank where you can earn a very small interest over a year.
People buying on bitcoin because they believe that bitcoin is future bitcoin.Bitcoin prices will increase again somebody.Bitcoin can change the economy of someone who uses the bitcoin.
Yes,people still buying bitcoin,it simply because in bitcoin we can achieve our bright future.Through it we can change our lives...Investing bitcoin is more profitable and we can achieve what we have been dreaming of.
The cost of mining Bitcoins might have soared so high, but so is its value, People still believe in the coin and there is little that will stop them from buying what they believe gives them a high chance of making profits Bitcoin still hasnt not been declared solvent yet, there is still always a chance that it will gain value
The reason why people still buying bitcoin because in this way of investing have a lot of profit and a very great income to get money. They still buy it until they always get profit in bitcoin. If you buy a low price in bitcoin and wait when the price goes up youll get profit and still have the capital money. And the main reason is if the time come that bitcoin is already mined the 90% of bitcoin the price of it will get high because it is indemand.
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