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Author Topic: Are you buying bitcoins? Why?  (Read 305981 times)
chaser15
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September 14, 2016, 03:59:13 AM
 #3661


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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September 14, 2016, 04:49:02 AM
 #3662

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
 #3663

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
 #3664

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
 #3665

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
 #3666

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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September 14, 2016, 05:23:59 AM
 #3667

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
 #3668

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
 #3669

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.
freedomgo
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September 14, 2016, 09:07:27 AM
 #3670

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.
I have to be honest, I am one of those people who are buying bitcoins to gamble and actually I am losing more money because of online bitcoin gambling where it is so easy to gamble anytime and anywhere as long as I have in me my computer with internet. But despite of that, I am satisfied with the entertainment I get.


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Hero/Legendary members:

Quote
............R.A.C.O.I.N.............
Future of Gambling

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FUTURE OF GAMBLING
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arseaboy
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September 14, 2016, 09:10:30 AM
 #3671

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.
just did some gambling earlier and loses some of my btc i guess you are correct btc should be treated as an investment and not just use it and lose it for fun in gambling.

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bamboylee
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September 14, 2016, 09:14:13 AM
 #3672

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.

It is just the same to me. If you are earning bitcoin, then you are just investing your time in it. If you buy, you invest your money. Both are important. It is true that bitcoin prices fluctuate and that you can buy at a lower or higher price, but if you are for bitcoin investment, then the price now does not matter because in the future it can be higher. But if for spending, then it is important to buy on dips.

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korona
   
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gerXhonza
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September 14, 2016, 09:14:57 AM
 #3673

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.
just did some gambling earlier and loses some of my btc i guess you are correct btc should be treated as an investment and not just use it and lose it for fun in gambling.

If you feel that gambling is for fun then you can visit those sites once in a blue moon with a very small capital, but the fact is we never come to know that when fun gets converted into addiction.
drwtsn32
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September 14, 2016, 09:50:34 AM
 #3674

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

Cool

How would you support your claim of getting earnings through that Forex Paradise website? How long will it last? Because I'm pretty sure this is ponzi scheme.
Another, is how can you invest to that without buying or earning a capital first?
Corenin
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September 14, 2016, 09:54:51 AM
 #3675

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

Cool

How would you support your claim of getting earnings through that Forex Paradise website? How long will it last? Because I'm pretty sure this is ponzi scheme.
Another, is how can you invest to that without buying or earning a capital first?

Yeah and now I don't have faith in any of those sites as it will surely run away with my money in future as I have very much bad experience in the past of investing my coins in online sites.
warwar
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September 14, 2016, 10:06:49 AM
 #3676

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.

It is just the same to me. If you are earning bitcoin, then you are just investing your time in it. If you buy, you invest your money. Both are important. It is true that bitcoin prices fluctuate and that you can buy at a lower or higher price, but if you are for bitcoin investment, then the price now does not matter because in the future it can be higher. But if for spending, then it is important to buy on dips.

Yeah true. That is trading buy bitcoin in small price and sell it if the price rises and earn Cheesy But you are investing you time and money on it because you are buying a coin not only in bitcoin but also in other coin. But in the future price will be up and higher because of there are lot of users in bitcoin Cheesy

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September 14, 2016, 10:18:53 AM
 #3677

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.

It is just the same to me. If you are earning bitcoin, then you are just investing your time in it. If you buy, you invest your money. Both are important. It is true that bitcoin prices fluctuate and that you can buy at a lower or higher price, but if you are for bitcoin investment, then the price now does not matter because in the future it can be higher. But if for spending, then it is important to buy on dips.

Yeah true. That is trading buy bitcoin in small price and sell it if the price rises and earn Cheesy But you are investing you time and money on it because you are buying a coin not only in bitcoin but also in other coin. But in the future price will be up and higher because of there are lot of users in bitcoin Cheesy
I think it is easy to trade in bitcoin because we can predict the price compared to some altcoins out there where we only witness a pump and dump game like gambling, with bitcoins you can protect your investment because news are everywhere and you can research for you to make the right decision.


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September 14, 2016, 10:19:25 AM
 #3678

a few day ago I'm buying bitcoin
because the price is down and I want to sell it when price of bitcoin will rise to 650$-700$

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September 14, 2016, 12:32:35 PM
 #3679

a few day ago I'm buying bitcoin
because the price is down and I want to sell it when price of bitcoin will rise to 650$-700$

Now it's $612 , just wait few months and you can reached your goal (hopefully).
Holding your bitcoin is safer investment because you just hold your bitcoin and wait until your goal prices and sell it.


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September 14, 2016, 12:35:10 PM
 #3680

a few day ago I'm buying bitcoin
because the price is down and I want to sell it when price of bitcoin will rise to 650$-700$


To see your target price I think you need to wait longer, it may achieve the price of $650 in coming days but I don't think it will be easy to touch the price of $700 pretty soon.
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