Why People Choose Cryptocurrency? | Bitcointalksearch.org

canaveralnonie

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Quote from: Koobtcgal on February 12, 2019, 06:39:38 PM

Cryptocurrency is far better than the banks that take your money for loans. If one buys crypto and saves it without it being in the exchange, with proper care, no one can get access to their coins. It is also easily accessible and it can be used at any time unlike the banks that work only on business days.

Yes it was, but still the security is all that matter. Your asset on banks is more safer and secure than the cryptocurrency market place. Banks can establish protections that are comprehensive and strong.

gutshot5820

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I think people choose crypto because of its nature being decentralized, community driven and one that can open global trade. There will be a lot of projects that will come and go until there is something so simple that it makes sense for people to use on a day to day basis. There will also be a lot of conversation around what true indpendent money means. I was reading a really good article about the topic of independent money is and it made me realize why people choose crypto all together.

here's the link to the article if you want to see where i'm coming from: https://medium.com/ampleforth/independent-currency-in-a-multi-chain-world-67032dce8296

Koobtcgal

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Cryptocurrency is far better than the banks that take your money for loans. If one buys crypto and saves it without it being in the exchange, with proper care, no one can get access to their coins. It is also easily accessible and it can be used at any time unlike the banks that work only on business days.

Script

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Fiats and traditional assets are concentrated in the hands of a privileged group of individuals. As for cryptocurrency, there is no preference. All members have the same opportunity, and anyone can log in.

bitelliotZOOM

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I want to believe that people see in cryptocurrency not only a quick income. It seems to me that some people understand that blockchain technology is cool.

Baimovic

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there are many things that make people choose cryptocurrencies, but I think people prefer crypto because it can be very profitable so they choose to invest in crypto.
and many make crypto as their job.

sieemma

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Quote from: jozhkesha on February 08, 2019, 05:00:20 PM

I am sure that cryptocurrency attracts people because of the possibility of quick earnings. I am sure that most people do not understand the risks associated with such investments.

I don't agree with you. Bitcoin in itself did not produce money. The money in crypto is real money that was used to buy it to become money as we see today. Only a few of the people in crypto are in to earn. The majority invested because of the tech behind crypto. Some think crypto is a better way to store your money than the bank so we should not be thinking about the earning part always.
Even from what I know, since real money is used in crypto, whenever you are gaining, someone's is losing. That is the cycle in crypto.

jozhkesha

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I am sure that cryptocurrency attracts people because of the possibility of quick earnings. I am sure that most people do not understand the risks associated with such investments.

Ximoandali

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Quote from: CaMeRoNy on February 06, 2019, 04:00:09 PM

In most cases, people choose cryptocurrencies only to make money on their growth, but I think that gradually the world will be able to move to investing in cryptocurrencies not only for profit, but also because they will be convenient to use.

I think at this level it is already convenient to use cryptocurrency for payments , but of course bitcoin is not very convenient to pay but for example eos eth very well are transactions

high110

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Now people choose cryptocurrency for profit. But cryptocurrency has many other more important advantages. Very small fees for transferring funds, no one can cancel your transaction.

chits

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The world of cryptography is a limitless, state-of-the-art institute of promising ideas, huge opportunities and free interests in various fields of activity, both in business and in everyday life, using new non-cash technologies.

Akagum

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People choose cryptocurrency for many reasons ,some of which are investment , trading which all is about making money.
I believe some choose to invest and do other things that brings income in cryptocurrency Because of the ease in doing cryptocurrencybusiness .
You can do business even from the comfort of your homes.
You have full control of your investments.

kudil

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'Free as a bird'

I guess people choose cryptocurrency because they want to "Get Rich Fast" because saw many people who success in cryptocurrency world's. so, they are follow to join and hope that they can also get rich. And secondly, for "Technology", they are sure that blockchain technology will leading the world in the near future, so they are trying to investment from now and hope their prediction will be come true soon. Third, "Easy to Join", I guess this is one I like about cryptocurrency, yes we can join to invest or trading with easy without hassle, without large funds, wherever you are, just need Internet connection. IMO

spike420211

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Quote from: Cryptmuster on February 06, 2019, 03:55:55 PM

Crypto is another quite promising source of investment, so the risk in such investment is much higher, but also the potential profit is also much larger than other safe investment instruments.

It is a very promising and little-studied sphere, it is not regulated and therefore self-government is flourishing here, which unfortunately leads to an increasing number of explicit manipulations and scam projects.

nonbody

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Quote from: NZEXToken on October 08, 2018, 07:55:10 AM

Why People Choose Cryptocurrency? Any Need?
We are into commodity trading, and we are building a platform which will support the trade of commodities with cryptos. We are trying to make commodity trading very easy
That's why NewzoneEX choose cryptocurrency world. It opens up a whole new avenues for everyone.

The cryptocurrency makes trading and transfer quick and easy, and it will be favored by more people.

eiijee160613

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Most off all it's about money for sure Cheesy

yet the risk is very high but the possible profit is higher than expected. people can also earn money without investing money but time and effort needs that's why people choose crypto Cheesy

ableh

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Quote from: NZEXToken on October 08, 2018, 07:55:10 AM

Why People Choose Cryptocurrency?

Everyone must have a different opinion, but I personally chose Cryptocurrency as main job because I was very interested in the technology behind it, and it was very easy to make money in this industry. Besides that, I have more time with my family. Cheesy

dosSantos

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In 2017, people looked at how rapidly the cryptocurrency market is going up. Many of them bought a few coins in order to earn quick money. I think that people consider cryptocurrency as a way to make money.

matricaria

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People still believe that the cryptocurrency market can recover and go up sharply. But I would not hope for it now.

AristoteI

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The main reason for which people begin to engage in cryptocurrency is always associated with the potential profit that they can bring, but few of the newbies seriously think about the fact that nothing in life goes very easily. Therefore, as a rule, it is very difficult for people to cope with the situation in which their emotions are going wild, and in the end they make a lot of bad decisions that lead to the fact that they are losing money.

Topic: Why People Choose Cryptocurrency? (Read 159083 times)