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Topic: Why you buy Cryptocurrency ? - page 18. (Read 17422 times)

hero member
Activity: 840
Merit: 516
November 01, 2018, 01:18:12 AM
#96
I bought them because I saw it as a golden limestone to bring wealth to us. You keep thinking if we own a few Altcoins and when they increase like Bitcoin I might change my life.
Every one who invested in cryptocurrency had been motivated by money-the big money- people collected as boom of 2017 dawned. This attracted so many people from around the world and they did invest.

In addition to profit, they could get many other benefits like a reduction in the fee or charges that were required to pay in a bank if the transfer of money was being done by a bank. It gave birth to instant transactions as well as instant growth and security.
full member
Activity: 504
Merit: 100
October 30, 2018, 03:13:48 AM
#95
I bought crypto currency maybe just for fun but I also hope that with an investment in crypto currency I will have the opportunity to be able to get profit because I see investment in crypto currency has the opportunity to become a profitable investment
full member
Activity: 566
Merit: 102
October 30, 2018, 01:14:41 AM
#94
There are many reasons mostly it is use to invest and earn many moneys best way investment.
The current reason behind investment in cryptocurrency is the quest to make money because this is the easy way to make millions just by investing and holding it for some years -five years the most.

This area of investment was very much highlighted by the media when Bitcoin reached to something more than $19500 back in December 2017 and the worth had been replicated several times. More and more people started putting in their money in the business just for the purpose of making profit. But this is not the only reason and there are many others as well.
member
Activity: 378
Merit: 13
October 29, 2018, 10:57:19 AM
#93
Most people have the same reason why they buy crypto, that is to earn profit and to change financial to be better , although i dont not understanding how blockchain technology work but crypto and this technology has potential to change amillion financial's people in the world. Since Bitcoin created and tradeable in that times more milyuner was born from crypto.
You're right, even I am like that. I don't really understand this system, but I can use it. of course that is all to get a better profit, and improve the economy that I have. well, because of that, most people buy crypto to try to use it to get a good profit.
Sometimes, I still find it a bit hard to believe that people could be a part of a system, and they really do not care about the system or do not even want to bother to understand it, which is one of the reasons why we will keep seeing those who are just so keen about trying to only make something out for themselves in the short term and never be able to focus on long term.

Buying cryptocurrency should be because you actually know what you are getting into and what you are holding in terms of its potential and what makes it tick for the long run.
sr. member
Activity: 1582
Merit: 279
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October 29, 2018, 10:43:39 AM
#92
Agree, that everyone has their own opinions on this matter that buying cryptocurrency as an investment. digital assets or other things that are felt to provide many benefits for him that no one forbids. problem does not harm people
hero member
Activity: 1190
Merit: 500
October 29, 2018, 10:39:40 AM
#91
Most of us are here for investments and also there are many who thinks to become early adopters of any new technology, which will bloom in the future. Like there were so craze in the 70's and 80's about computers. So I guess it will be investments as well as supporting a technology.
I think analogizing cryptocurrency with computers is a different thing, in 70's computers were still new and there were no other versions, while cryptocurrency had another version, that is fiat which was a competitor, so crypto's development would not be as fast as computers..
sr. member
Activity: 1540
Merit: 255
October 29, 2018, 12:51:34 AM
#90
To be honest, buying cryptocurrency is only tempted by very fast profits, in my opinion cryptocurrency is a place to invest which makes it very popular at the beginning of 2017 in the community


Popularity makes us buy cryptocurrency, but at the same time before investing we have to find whether cryptocurrency has the ability to increase their demand in future because now some government are supporting the cryptocurrencies. This is a very good sign for the people who have already purchased the coins.
hero member
Activity: 1596
Merit: 502
October 28, 2018, 11:15:50 PM
#89
because by buying a cryptocurrency you can store all the assets that you have and with cryptocurrency you can grow your assets from cryptocurrency price movements that will give you a huge profit so you can use cryptocurrency as well as possible because it can make you rich.
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October 28, 2018, 10:53:14 PM
#88
Most people have the same reason why they buy crypto, that is to earn profit and to change financial to be better , although i dont not understanding how blockchain technology work but crypto and this technology has potential to change amillion financial's people in the world. Since Bitcoin created and tradeable in that times more milyuner was born from crypto.
You're right, even I am like that. I don't really understand this system, but I can use it. of course that is all to get a better profit, and improve the economy that I have. well, because of that, most people buy crypto to try to use it to get a good profit.
full member
Activity: 588
Merit: 100
October 28, 2018, 08:35:33 PM
#87
Most people have the same reason why they buy crypto, that is to earn profit and to change financial to be better , although i dont not understanding how blockchain technology work but crypto and this technology has potential to change amillion financial's people in the world. Since Bitcoin created and tradeable in that times more milyuner was born from crypto.
full member
Activity: 532
Merit: 102
October 28, 2018, 04:46:26 PM
#86
Cryptocurrency is suitable for both long-term investments and for speculative purposes. When you catch the trend, you will not be stopped. Good coins can make a good profit. For example, at the beginning of the release of coins you can buy at a good price, but if it is a quality coin, keep it until it makes xxx Cheesy
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October 28, 2018, 01:57:32 PM
#85
Cryptocurrencies have been all the rage for the past year or so, creating substantial wealth for investors who bought these virtual coins anytime before the beginning of 2017. Some of the most popular, like Litecoin, Bitcoin, Ethereum, Stellar, Unity and Ripple, have generated enormous returns for anyone who bought, mined, or otherwise acquired these digital currencies soon after they came into existence. We are talking about gains of between 4,000% and 17,000,000% -- potentially life-changing wealth.

Why not and many have seen this as great potential to invest and they have invested also.
sr. member
Activity: 1372
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October 28, 2018, 01:40:20 PM
#84
To be honest, buying cryptocurrency is only tempted by very fast profits, in my opinion cryptocurrency is a place to invest which makes it very popular at the beginning of 2017 in the community
sr. member
Activity: 1750
Merit: 267
October 28, 2018, 01:37:33 PM
#83
Most of us are here for investments and also there are many who thinks to become early adopters of any new technology, which will bloom in the future. Like there were so craze in the 70's and 80's about computers. So I guess it will be investments as well as supporting a technology.
I think also. Crypto currency already reduce our difficulty. We are now in moder and technology based world. Buying crypto currency is wiser decision in this time. Next generation will be technology based and thus crypto currency will be used most of the sector. I personally buy it for my future so that i can cut a good profit from it.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
October 28, 2018, 12:51:51 PM
#82
Investment in cryptocurrency offer high return when bull market but the price also possible to going down to 90% so its better we increase first our knowledge about trading and investment strategy to avoid loss. Crypto has potential to change our life better because crypto possible promising return up to 100 times in 1 years.
Increasing our knowledge about trading and investing is always a good thing but it is impossible to avoid losing in any market, that is a mistaken impression people have of traders or investors, even some of the best have lost fortunes and some of them even went bankrupt once in a while, so if you want to avoid losing money then you should never trade or invest because you have not accepted the reality of what an investor must face in this market.

Also, while cryptocurrencies have a chance to change your life your expectations are simply too high, it is true there have been some people that earned 100 times their investment in a short amount of time but they are an exception and you should not try to replicate their results because most likely you will lose everything.
hero member
Activity: 1078
Merit: 504
October 28, 2018, 12:16:31 PM
#81
Most of us are here for investments and also there are many who thinks to become early adopters of any new technology, which will bloom in the future. Like there were so craze in the 70's and 80's about computers. So I guess it will be investments as well as supporting a technology.
hero member
Activity: 1582
Merit: 520
October 28, 2018, 11:41:48 AM
#80
I buy Cryptocurrency because I want to invest in my future because I believe the future money system will work with cryptocurrencies and I believe who will think like me and invest to cryptocurrencies they will get a great advantage in their near future.
member
Activity: 336
Merit: 12
October 28, 2018, 11:36:40 AM
#79
I think most would agree that they came here to earn money.Initially came to invest, but later also began to trade.Too high volatility is seductive.
full member
Activity: 504
Merit: 105
October 28, 2018, 11:01:46 AM
#78
The opportunity that bitcoin could give us especially the price of bitcoin i do believe on it and the technology that introduce of blockchain technlogy even bitcoin is virtual money you can feel the future of it buy sending bitcoin through blockchain network and received it easily,secured and fastest that's why i will keep investing bitcoin.
sr. member
Activity: 910
Merit: 257
October 28, 2018, 10:47:12 AM
#77
Cryptocurrencies have been all the rage for the past year or so, creating substantial wealth for investors who bought these virtual coins anytime before the beginning of 2017. Some of the most popular, like Litecoin, Bitcoin, Ethereum, Stellar, Unity and Ripple, have generated enormous returns for anyone who bought, mined, or otherwise acquired these digital currencies soon after they came into existence. We are talking about gains of between 4,000% and 17,000,000% -- potentially life-changing wealth.


Many use to choose bitcoin for various purposes.I had used bitcoin to inverse my money as like a asset in bitcoin.Most of the potential coin available in the cryptocurrency market.Use that coin to inverse your money.You have to choose the best coin to inverse your money.Because some of shit coin also available in the market.

That's right. But for most parts, people buy in order to have a held asset that could be exchanged or be sold for profit in due time. However, because of the current situation of the market and all its assets, it's very difficult to actually invest at the moment, and I am pretty sure that a new investor would find it hard to stay in it and hope that everything will be okay in the end. Also, I think that many people also use it as a means to invest in some projects such as ICOs.
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