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Topic: Why you buy Cryptocurrency ? - page 20. (Read 17378 times)

full member
Activity: 350
Merit: 100
October 25, 2018, 12:10:19 AM
#56
When you want to do a job in which you can grow and at home with out effort so i think crypto is good and we should buy bitcoin for a profit motive now a days it is mostly using for investment purpose but we can not ignore other features of this currency and if we hold crypto in these days we will be do many things good in the future.
member
Activity: 462
Merit: 10
October 24, 2018, 11:19:12 PM
#55
 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.
hero member
Activity: 1470
Merit: 509
October 24, 2018, 04:14:06 PM
#54
Yes, I buy crypto to trade, invest, and support blockchain technology. for a profit. I think everyone who buys crypto does want big profits. because with crypto all can make success in their financial world. so most want to profit.

If we think that Bitcoin is not widely used as a payment method, the main goal of the Bitcoin owners is to obtain some profit. But we cannot belong it to everyone, there are some companies that have created their own digital money to use only within their own company, although these coins are not widely used. Besides, some people think that the cryptocurrency is the money of the future and they reserve some money for themselves.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
October 24, 2018, 02:06:45 PM
#53
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.

I think you answered your own question, many persons are seeing in cryptocurrencies a way to possibly improve their lives, it is not a sure thing but if you invest enough time and money then you could be one of the fortunate that are able to change their lives with it, and many people are thinking that since cryptocurrencies do not discriminate and it does not matter where you live that this is the perfect opportunity and that it is possible this opportunity is never going to present itself.

And in a way I think they are right I really think this is going to make the dot com bubble to look small, this market is going to be the next big thing and you better take a position now or you will be left behind.
legendary
Activity: 1904
Merit: 1000
October 24, 2018, 08:53:32 AM
#52
Yes, I buy crypto to trade, invest, and support blockchain technology. for a profit. I think everyone who buys crypto does want big profits. because with crypto all can make success in their financial world. so most want to profit.

Yes, most people who came into crypto wants profit through trading, investment and so on. And if there are other good sides of crypto it'll be a bonus. For sure I want to see the real use of cryptos in my life but as an ordinary person, I can only hope that it will happen someday.
hero member
Activity: 1778
Merit: 504
WorkAsPro
October 24, 2018, 08:50:01 AM
#51
Yes, I buy crypto to trade, invest, and support blockchain technology. for a profit. I think everyone who buys crypto does want big profits. because with crypto all can make success in their financial world. so most want to profit.
Most people are only interested in profitability in this market and have little interest in Blockchain technology as only large companies or large companies need this. I personally am very interested in this technology recently as it is being widely applied in many big countries especially in the field of finance and banking.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
October 24, 2018, 08:32:44 AM
#50
I voted for "support technology" only because I didn't have any other option. I would have preferred to vote for "I have a real use of it". I use it as a currency not to speculate or to have fun with. Isn't what Bitcoin is for? My second choice is technology because so far Bitcoin is strong, there are a lot of interesting others like Horizen with with zk-SNARKs
Having a real use of it would have actually been a good option to have, but at the same time, supporting the technology still comes with an incentive which is the long term growth in value, but that should never be the major reason why people should be in this space, when relating to the purpose of investment and this is the main reason why a lot of people have been so fixated with the idea of short term than even in the long term and all they are just after is a means to get rich quick.

A lots of developments are coming up that would bring about real life usage, and that is what makes an easy hold for the long term for most of us, while believing and supporting this great technology, and any other thing with respect to the increase in value is just an added advantage.
hero member
Activity: 798
Merit: 527
October 24, 2018, 06:44:52 AM
#49
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.

I am not really surprised, looking at the fact that a lot of people are actually here for the investment and considering how speculative this environment has been till date. Asides supporting the technology and knowing there is a future here, it is that future that apparently drives the investment knowing that in the long run we actually have some benefit to gain being a part of this phase at a very early stage.

Initially, I started making use of cryptocurrency for merchant payment for goods as an importer, and it has really helped, but that does not change the fact that for long term purposes, I am still investing some, while believing in its long term.
full member
Activity: 868
Merit: 185
Roobet supporter and player!
October 24, 2018, 03:12:00 AM
#48
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.

I like to buy cryptocurrencies because of two main things, FOMO or fear of missing out and usage of the coin that affects my life. If I see at my watchlist that there is a change in a coin, I buy them because I know that in cryptocurrencies, it push always by people. I tend to buy using bounce play because it is very effective.
newbie
Activity: 55
Merit: 0
October 24, 2018, 02:49:08 AM
#47
There are many reasons mostly it is use to invest and earn many moneys best way investment.
full member
Activity: 602
Merit: 103
October 24, 2018, 01:45:41 AM
#46
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.


With this new era of ICO's, I am also hoping to find one, to invest/trade/hold and get kind-alike gains that top tier coins already have. Too much too look at but I think it's inevitable that crypto is adapting on our lives, making it easier, for those crypto that could make our lives easier, make a good marketing so we all could be aware of you.  Grin
full member
Activity: 588
Merit: 106
October 23, 2018, 06:55:13 PM
#45
Yes, I buy crypto to trade, invest, and support blockchain technology. for a profit. I think everyone who buys crypto does want big profits. because with crypto all can make success in their financial world. so most want to profit.
member
Activity: 406
Merit: 36
October 23, 2018, 10:34:52 AM
#44
I actually do buy cryptocurrency because I support the technology, knowing how far it has helped me in most of my daily endeavors when it comes to ease of payment. A lot may not understand that, but at least I understand pretty well that there are so many benefit in this space than just for investment purposes. Sure, we cannot discard the fact that increase in value in the long term is bound to come into play, but I only see that as just a side benefit for holding and not the main reason why I am into cryptocurrency.
member
Activity: 602
Merit: 11
October 23, 2018, 10:00:39 AM
#43
Why I buy cryptocurrency? Well, I know iots hard to have this and its very risky but this is really profitable and has the Assurance in the future. Bitcoin is a digital gold just like others said. So, I believe its worth holding for.

basically i buy cryptocurrency for long-term investment. by looking at future of cryptocurrency, i believe that investment here is very profitable. and i am aware of risks that may be faced
legendary
Activity: 3248
Merit: 1179
October 23, 2018, 09:42:02 AM
#42
I`m glad to see that investment and supporting technologies are two options with most votes. First we need to support technology, it`s long term investment if this technology become huge success in the future (and we already made a huge success, it can be bigger). Supporting technology should be more than just investment, we need to use it, have fun with it and to suggest to others to do the same. I think with so much reasons anyone can find what suits them most, if it just fun have fun, if its holding holding, everything it`s good, combine more things is even better.
full member
Activity: 674
Merit: 101
I am hired and not own by any Team!
October 23, 2018, 08:49:46 AM
#41
Why I buy cryptocurrency? Well, I know iots hard to have this and its very risky but this is really profitable and has the Assurance in the future. Bitcoin is a digital gold just like others said. So, I believe its worth holding for.
legendary
Activity: 2268
Merit: 18697
October 23, 2018, 08:42:22 AM
#40
I voted for "support technology" only because I didn't have any other option. I would have preferred to vote for "I have a real use of it". I use it as a currency not to speculate or to have fun with. Isn't what Bitcoin is for?

This is a bit of an issue for the future, I think. All the newbies in this thread are talking about holding and making great profits, but no one is talking about spending or using bitcoin. Without use and adoption, bitcoin will never grow.


But people are also at risk of losing a lot of money, we have to be very careful with crypto because this is a very risky market.

bitcoin reached $20,000 and today it's $6000

ETH reached $1,200 and today it's $200

BCH has reached the $4000 and today it is $400

The bullrun went from $2000 to $20000 - it was pretty obvious that was never going to be sustained. People who bought at the peak were generally newbies to crypto. Enticed by the bullrun they jumped in at the exact wrong time without doing any research.

Picking the wrong coin is another common mistake. Bitcoin has fallen by 65%, but BCH has fallen by over 90%. The market is always going to be risky if you do no research and buy trash coins like BCH.
jr. member
Activity: 182
Merit: 2
October 23, 2018, 04:11:10 AM
#39
Nothing is more profitable like investing into cryptocurrency why because if it favours you you might invest with $10 and after some months you will get a profits of almost $200 which is great but in investing you need to take a risk first.
legendary
Activity: 1316
Merit: 1145
October 23, 2018, 04:01:28 AM
#38
yeah, this is crypto currency. with all the risks and benefits. most of those who bought before 2017 were very rich at this time. and has changed their lives. in 2015 someone in my place sold his land and invested in bitcoin at that time. He bought around 100BTC for a total of around $ 3800. and he sells when bitcoin has a price of $ 15,000 at the end of 2017. so it gets a total of $ 1.5m. it's fantastic. and now he has changed his life.
full member
Activity: 392
Merit: 100
October 22, 2018, 04:06:45 PM
#37
Like the answer in general, I buy Cryptocurrencies for Investments that aim to gain profits in the future. Even though sometimes I fail to choose Coin to invest, it will make us more selective in making decisions.
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