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Author Topic: Are you buying bitcoins? Why?  (Read 307205 times)
karmakeddon
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September 13, 2016, 04:53:55 PM
 #3641

I wont buy bitcoin unless i really need to and i dont have it currently, or if it dumps on a very low price where im sure i can make at least 30% when the price pumps again. Buying it at these prices is very risky right now.

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Bitcoinsummoner
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September 13, 2016, 05:08:52 PM
 #3642

I wont buy bitcoin unless i really need to and i dont have it currently, or if it dumps on a very low price where im sure i can make at least 30% when the price pumps again. Buying it at these prices is very risky right now.
Yeah for now its risky but the price of bitcoin can be still increase soon.. its not risky for me if the price is not increasing because you can be still holding it for a long time because we know  that bitcoin will continues to increase more in the future.

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September 13, 2016, 05:11:01 PM
 #3643

I like to invest bitcoin every month from my 10% of my salary
Because of bitcoin I can have another investation option which help me to made good profit. Sometimes the profit are better than gold !


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September 13, 2016, 05:11:51 PM
 #3644

I wont buy bitcoin unless i really need to and i dont have it currently, or if it dumps on a very low price where im sure i can make at least 30% when the price pumps again. Buying it at these prices is very risky right now.
Yeah for now its risky but the price of bitcoin can be still increase soon.. its not risky for me if the price is not increasing because you can be still holding it for a long time because we know  that bitcoin will continues to increase more in the future.

If you believe that price will rise then you can buy at current price but if you have even a small doubt it mind then its better to wait for some more days and watch if price falls or not.

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September 13, 2016, 05:15:58 PM
 #3645

I like to invest bitcoin every month from my 10% of my salary
Because of bitcoin I can have another investation option which help me to made good profit. Sometimes the profit are better than gold !

profits in bitcoin price may happen fast and high. but it is not always going up as you may know. so it is kind of risky to invest this amount every month. gold is the ultimate asset that people will always accept so I do not think there is a comparison between them
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September 14, 2016, 12:38:04 AM
 #3646

I'm buying small amounts, but I'm planning to buy more in the future. I think it's one of the few safe investments in the cryptocurrency space. I mean, relatively safe.
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September 14, 2016, 12:53:27 AM
 #3647

I'm buying small amounts, but I'm planning to buy more in the future. I think it's one of the few safe investments in the cryptocurrency space. I mean, relatively safe.
That was good you buy bitcoin even smaller amount , i got it what you said . Why you said "relatively" for me , anyone risk their money because want to double or growing their bitcoin with instant way . And , they deposit in Ponzi or play gambling without planning before (Makes they suffered)

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September 14, 2016, 12:55:16 AM
 #3648

Why buy, when I can increase them through investing in Forex Paradise ( https://forexparadise.biz/ )?

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September 14, 2016, 01:04:15 AM
 #3649

I am buying some because the price is not too high right now to buy but it could be by morning so it is always better to have some just in that case.
Call it a safe investment if you will. Wink

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September 14, 2016, 02:03:29 AM
 #3650

Share with us what's your main reason for buying bitcoins?

No I'm not buying it, so far I need to find out and discover more about in bitcoin when it comes to investment in this field of bitcoin world, I need to learn the basic technique in trading and investing in different coins here also in cloud mining though I know its risky.
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September 14, 2016, 03:24:28 AM
 #3651

I am buying some because the price is not too high right now to buy but it could be by morning so it is always better to have some just in that case.
Call it a safe investment if you will. Wink

the price is too high if we compare it with last year Tongue
im using bitcoin if i need capital to start trading, so im never buy it for other reason.
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September 14, 2016, 03:59:13 AM
 #3652


the price is too high if we compare it with last year Tongue
im using bitcoin if i need capital to start trading, so im never buy it for other reason.

Of course what kind of comparison is that.

But you that last year's price you are talking too is considered as high amount back then. Even $300 level back then was considered a high price after the price struck at $200+ level for almost half a year.

And also there is a chance that the price today may considered low price in the future.

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BitcoinPanther
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September 14, 2016, 04:49:02 AM
 #3653

As of now, i try not to buy bitcoin but earn it by participating in different task that pays bitcoin or other cryptocurrencies. Bitcoin in my place is very expensive. dollars worth 47 times our currency, so bitcoin worth 47 times in  our currency.  It is a good thing that we have this company that gives task or jobs to us lesser finance capable people.
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September 14, 2016, 04:58:58 AM
 #3654

yes. I buy bitcoin to save and invest, make trades and to buy goods online because the transaction is simple, easy, instant and very fast

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September 14, 2016, 05:03:11 AM
 #3655

I'm buying no bitcoins due to the fact that if you buy them now you will most likely lose a lot of money.
I think its better to wait for a while and than invest it into the bitcoin, just have some patient and than buy.

What if the price did not go down? Then you will miss the opportunity to earn. You can buy now and when the price goes down, then buy again. Just buy the same amount of bitcoin every month. Even if the price goes up or down, if you average it, you still have a lower price than the current amount.  This way, you will not miss an opportunity to earn.
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September 14, 2016, 05:10:35 AM
 #3656

the only reason most seirng used that was because we needed it. yeah, but some are buying bitcoin just to hold it, because maybe they heard the information that bitcoin prices will soon rise. but, I always buy bitcoin when I want to use it for trading, and use it for investment if I no longer have bitcoin


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September 14, 2016, 05:19:22 AM
 #3657

the only reason most seirng used that was because we needed it. yeah, but some are buying bitcoin just to hold it, because maybe they heard the information that bitcoin prices will soon rise. but, I always buy bitcoin when I want to use it for trading, and use it for investment if I no longer have bitcoin

Me too I do buying bitcoins for a season not daily and I am doing to put it to trades and as well as holding. But most of the time what I am doing is just keep on holding it because I believe that is going to make me some profits even though I will not going to do some hard efforts. And I've been focus more with holding by checking daily price updates.



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Rainbot
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madwica
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September 14, 2016, 05:23:59 AM
 #3658

Most of the bitcoin users buy bitcoin for their gambling activity and there are few that they only want to hold it until they get profit but for me i have bitcoin to spend and to invest.
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September 14, 2016, 05:30:12 AM
Last edit: September 14, 2016, 06:56:32 AM by Harlot
 #3659

No, buying bitcoin is currently not in my option. I would rather earn Btc rather than buying one. Because I consider the danger of buying btc with fiat as a risky thing. As cyrptocurrency price changes quickly compared to fiat money. Like when I buy BTC with a higher USD price and spending more. I could have save money from buying it at a cheaper price. So it is better safe than sorry for me.

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co5hike
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September 14, 2016, 09:04:44 AM
 #3660

Most of the bitcoin users buy bitcoin for their gambling activity and there are few that they only want to hold it until they get profit but for me i have bitcoin to spend and to invest.

Yeah there are many people who buys bitcoin only for the gambling purposes as its very easy to gamble with it and it also provides you great level of privacy, but its better to treat it as an investment and not waste in gambling.
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