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Topic: Why you buy Cryptocurrency ? - page 9. (Read 17422 times)

full member
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April 10, 2019, 11:20:58 AM
Using your options as basis, I'm buying cryptocurrency because I wanted to support the technology of bitcoin plus I want it as an investment of my own. Since, I really wanted to have money I try bitcoin as an investment for myself. But the real deal in here is to support the technology of bitcoin I guess that it's just our preparation to future.
hero member
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April 10, 2019, 11:18:38 AM
For sure you and I have different purposes why We buy cryptocurrency. I think people who are rich are for fun only lile playing gambling. But for me it is best opportunity so Im here to earn money not to fun. I buy cryptocurrency so I can use in different payments like paying my bills monthly and buying gadgets and anything about using cryptocurrency. Most  people support cryptocurrency including me who are buying more cryptocoins once the market dump.
Agreed, this is the true fact and people have got different purposes on using bitcoin. Most of the users have the same reason on using bitcoin which is the access to earn. By the dump, investing and sticking to certain target getting the profit out of the investment is the most commonly practiced way of earning. But users never intend to say the earning access as the reason for such an involvement.
legendary
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April 10, 2019, 11:11:52 AM
For sure you and I have different purposes why We buy cryptocurrency. I think people who are rich are for fun only lile playing gambling. But for me it is best opportunity so Im here to earn money not to fun. I buy cryptocurrency so I can use in different payments like paying my bills monthly and buying gadgets and anything about using cryptocurrency. Most  people support cryptocurrency including me who are buying more cryptocoins once the market dump.
Well there's purposes that we all wanted to accomplished, some might seen this as a good way to lessen delays doing online transactions, while most are here to gained coming from investment, but from the real concept crypto should be used as a good alternatives for the current financial system I do buy since I believe from that concept, together for future investment I also seen a big potential of wide adoptions so having enough assets will give me more profits after.
hero member
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April 10, 2019, 10:43:10 AM
For sure you and I have different purposes why We buy cryptocurrency. I think people who are rich are for fun only lile playing gambling. But for me it is best opportunity so Im here to earn money not to fun. I buy cryptocurrency so I can use in different payments like paying my bills monthly and buying gadgets and anything about using cryptocurrency. Most  people support cryptocurrency including me who are buying more cryptocoins once the market dump.
jr. member
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April 10, 2019, 08:21:21 AM
To be honest I accumulate cryptocurrency for investment  porpoise and I also like technology  of blockchain. I believe  that crypto-currency  have a brightness future.
sr. member
Activity: 840
Merit: 252
April 10, 2019, 07:28:20 AM
To be honest I am buying cryptocurrency because I am an investor and buying crypto is a risk. I believe taking highly risk investment reap higher rewards. The greater the risk the higher the reward. So cryptocurrency is a hope for many people investing in this digital currency that someday they may become millionaire even it means high risk.
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April 10, 2019, 05:49:40 AM
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 the bubble period has passed and the rich easily in the crypto market will no longer exist. We must start from technical analysis and fundamental analysis.
The crypto market has many good changes and we should make use of it to make money. Long-term investments are no longer useful in the crypto market.
member
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April 10, 2019, 05:34:19 AM
Electronic money is considered the 4.0 industrial revolution and it has made some wealthy people rely on investing in coins and holdings. But now our market is quite famous and the only thing we need to do is make a daily profit.
I bought many potential tokens and held them for 2-3 years and waited for its value to increase by 1000-2000%.
Our crypto market will grow even bigger again.
hero member
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April 10, 2019, 05:24:13 AM
Before I have invested anything here in crypto, I have searched everything first. I was so eager to learn every aspects and importance of it. After a long process of learning, I realized that I need it as an investment. It's profitable and it has proven me a lot. If everyone would only know the importance of investment, they would definitely value cryptocurrency.
hero member
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April 10, 2019, 04:24:34 AM
while bitcoin is already at it's 10th year since its birth, it's still considered in its early phase.  there would come a day that people will be using cryptocurrencies more than fiat in daily transactions.  and that day, bitcoin will be more valuable than it is today.

Maybe if all country accept it and make it legal, a lot of people can start to use it. But now some governments make it as illegal to use as payment and it can be barrier to make things that you mention realized.

10 years is STILL at an early stage for bitcoin. We can even say it's at its infancy. Imagine 10 years after fiat was implemented. I don't think people had confidence in making deals with a piece of paper and a small copper or silver coins. It's a very long process and one that would likely take decaded before mass adoption.
legendary
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April 09, 2019, 09:54:14 PM
while bitcoin is already at it's 10th year since its birth, it's still considered in its early phase.  there would come a day that people will be using cryptocurrencies more than fiat in daily transactions.  and that day, bitcoin will be more valuable than it is today.

Maybe if all country accept it and make it legal, a lot of people can start to use it. But now some governments make it as illegal to use as payment and it can be barrier to make things that you mention realized.
sr. member
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April 09, 2019, 09:28:58 PM
while bitcoin is already at it's 10th year since its birth, it's still considered in its early phase.  there would come a day that people will be using cryptocurrencies more than fiat in daily transactions.  and that day, bitcoin will be more valuable than it is today.
sr. member
Activity: 1204
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1xbit.com
April 09, 2019, 08:41:14 PM
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.


Yeah what you say is somehow correct.
But i would like to add some my opinion into it.
People most of the time buy cryptos without piercing into the deeper insight of the coin. They buy mostly in order to gain profit.
Many traders buy the coin which is down in the hope of that it will rise again soon. But there only they make the mistake by investing in the coin without looking into the growth graph and faces losses.
Many people love to buy cryptos as it appears them to as a valuable asset which they will sell when the price is high or when they are in need of money.
member
Activity: 239
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April 09, 2019, 08:08:00 PM
Since cryptocurrency gained the public eye and become popular, I started to buy cryprocurrency for investments like most of the people here said. The thinh that it can helps us somehow in our daily income is a big factor. Also, i like how crypto payments are being made nowadays.
hero member
Activity: 1358
Merit: 509
April 09, 2019, 06:03:14 PM
For investment and to save some of my money I don't really like banks,
So I am using crypto as a bank I save some money and put it on crypto and at the same time I see it as an investment for my future.
Actually, I guess it is less used except making profit. If there is a good increase today, maybe everybody will sell right away. will not remain anyhting for the future. lol
full member
Activity: 798
Merit: 100
April 09, 2019, 05:52:04 PM
I buy crypto for speculation. Of course there are projects that I like and that I would like to support, but mostly I buy coins so that they bring me profit in the future.
sr. member
Activity: 994
Merit: 257
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April 09, 2019, 04:55:10 PM
For investment and to save some of my money I don't really like banks,
So I am using crypto as a bank I save some money and put it on crypto and at the same time I see it as an investment for my future.
sr. member
Activity: 1330
Merit: 291
April 09, 2019, 04:19:50 PM
I bought Cryptocurrency when my friends introduced it to me, and at that time everyone invested in it. But if that time market is like the present time, I will never invest in it. I realized that my decision at that time was wrong.
How do you mean by your decision to buy Bitcoin was wrong, is it that you bought yours when its market value was high and now is down below your entry point? I don't think it is wrong to buy Bitcoin at any of its market value because if you a long term holder definitely you will gain with time.
sr. member
Activity: 1330
Merit: 291
April 09, 2019, 04:14:35 PM
Buying Bitcoin and some other crypto currency have helped me in making online financial transaction easy for since I get to know Bitcoin and crypto currency in general. I also buy Bitcoin and other altcoins for investment purpose and that has helped me financially.
sr. member
Activity: 924
Merit: 260
April 09, 2019, 03:27:16 PM
My major aim of investing into cryptocurrencies is because of making money from it through investing.  I see cryptocurrencies as a new windows of investment and I believe if I can put in little now I will make good profits in future. I also believe that if we should be honest to ourself we would say the major reason why we invested into cryptocurrencies is because we want to makes profits in future.
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