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Author Topic: Are you buying bitcoins? Why?  (Read 306800 times)
danherbias07
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September 22, 2016, 04:05:15 PM
 #3861

I'm buying small amounts, but  I'm planning to buy more in  the future. I think it is one of the few  safe investments in the cryptocurrency space.
You had realized the right reason to buy bitcoins and you will get your benefits in future for sure.

I am also buying bitcoin with the intention of gaining more profits in future, but I'm not sure how long I will be able to hold it without spending it. Buying bitcoin is not that much important when compared to holding it for long period.

I think that is why they made other crypto. To get the boring thing out. There is not much to do and they dont want to idle just waiting for the increase. So now you can trade it back and forth to bitcoin then altcoin.

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September 22, 2016, 04:06:31 PM
 #3862

I am new to bitcoin.
I bought some and still buying to invest in risky programs like Revenue sharing Ad companies.

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September 22, 2016, 04:07:33 PM
 #3863

I am buying at a moment as price is affordable for me to buy some coins and hold it for future as I am expecting some higher price in future that will allow me to make some good profits from it.
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September 22, 2016, 04:10:30 PM
 #3864



I am also buying bitcoin with the intention of gaining more profits in future, but I'm not sure how long I will be able to hold it without spending it. Buying bitcoin is not that much important when compared to holding it for long period.

Majority of people buys bitcoin with the same intention of yours and that is to gain the profits everytime the price will goes into increase.

What do you mean by buying bitcoin is not that much important compared for holding it for long period? Can you explain why?

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September 22, 2016, 07:37:56 PM
 #3865

I'm buying small amounts, but  I'm planning to buy more in  the future. I think it is one of the few  safe investments in the cryptocurrency space.
You had realized the right reason to buy bitcoins and you will get your benefits in future for sure.

I am also buying bitcoin with the intention of gaining more profits in future, but I'm not sure how long I will be able to hold it without spending it. Buying bitcoin is not that much important when compared to holding it for long period.
Yes, buying bitcoin is less significant for getting the maximum benefits from its price appreciation. Holding it for long haul must be the very much needed thing to get what we are aiming when buying bitcoins. People do forget it, and will sell of their bitcoins when they are seeing some $100 profit for their investment and get trapped from future price appreciation benefits.

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ekoice
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September 22, 2016, 07:40:40 PM
 #3866

Bitcoin is the future economy of the world

Bitcoin prices are expected to cross $1000 by july 2017, so buying and holding bitcoins is a good investment.

Bitcoin will be widely used as payment method in future.
  
Transaction fees is very little for bitcoins when compared to bank transaction fees.

So i buy bitcoins.
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September 22, 2016, 07:46:38 PM
 #3867



I am also buying bitcoin with the intention of gaining more profits in future, but I'm not sure how long I will be able to hold it without spending it. Buying bitcoin is not that much important when compared to holding it for long period.

Majority of people buys bitcoin with the same intention of yours and that is to gain the profits everytime the price will goes into increase.

What do you mean by buying bitcoin is not that much important compared for holding it for long period? Can you explain why?

I think he want to say that if we have to hold for much longer then it is not important to buy them.

He is not the trader that is why he saying like that. It is the job of traders to do that the traders know that what to buy and why to hold for longer and holding bitcoin for a good profit do not take much time which other asset do. Bitcoin price increases much faster so we will have to wait a little to get the profit from the price rise of it.
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September 22, 2016, 10:25:07 PM
 #3868

I could mention some of  the different advantages. This is capable  to make things more  easy to be traded  and it also makes possible to use online services, in a  much more convenient way.
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September 23, 2016, 02:10:13 AM
 #3869

yes I'm sometimes buying bitcoins because of the fact its profitable and maybe the future of all currency's who knows right ?
The bitcoin is gonna get bigger and bigger and with just holding you can already make some nice profits right now.
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September 23, 2016, 03:18:14 AM
 #3870

yes I'm sometimes buying bitcoins because of the fact its profitable and maybe the future of all currency's who knows right ?
The bitcoin is gonna get bigger and bigger and with just holding you can already make some nice profits right now.

And with holding you might lose too.

It's still better to act when there is an ongoing price rally that happens rather than to hold for long. People are waiting for such a dream price and their saved coins are jsut saved. They will have instead a more profit if they take the ride for every price rally rather than to hold for long.

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goldcoinminer
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September 23, 2016, 03:52:37 AM
 #3871

yes I'm sometimes buying bitcoins because of the fact its profitable and maybe the future of all currency's who knows right ?
The bitcoin is gonna get bigger and bigger and with just holding you can already make some nice profits right now.
We are more on a long term investors here rather than sure term, the real value of bitcoin is really in the future therefore we should not waste the time and the opportunity to buy more bitcoins at the cheapest price now, be part of the success.

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pooya87
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September 23, 2016, 03:59:56 AM
 #3872

yes I'm sometimes buying bitcoins because of the fact its profitable and maybe the future of all currency's who knows right ?
The bitcoin is gonna get bigger and bigger and with just holding you can already make some nice profits right now.

And with holding you might lose too.

It's still better to act when there is an ongoing price rally that happens rather than to hold for long. People are waiting for such a dream price and their saved coins are jsut saved. They will have instead a more profit if they take the ride for every price rally rather than to hold for long.

it is an investment and just like any other investment there is always risks. so you make an assessment based on what you see and weigh the profit against the loss and if profit part is heavier and more then you invest.

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September 23, 2016, 04:09:33 AM
 #3873

yes I'm sometimes buying bitcoins because of the fact its profitable and maybe the future of all currency's who knows right ?
The bitcoin is gonna get bigger and bigger and with just holding you can already make some nice profits right now.

And with holding you might lose too.

It's still better to act when there is an ongoing price rally that happens rather than to hold for long. People are waiting for such a dream price and their saved coins are jsut saved. They will have instead a more profit if they take the ride for every price rally rather than to hold for long.

it is an investment and just like any other investment there is always risks. so you make an assessment based on what you see and weigh the profit against the loss and if profit part is heavier and more then you invest.

The greater the risk the greater the gain.  You should not risk the amount you cannot afford to lose, that what they always say if you want to invest.  As of my observation, there is a rare chance that you might lose when you invest.  It is always positive that you will came up with a profit.  Though you really have to be open on the possibility that there is a chance of losing to.

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September 23, 2016, 04:34:51 AM
 #3874

Because of the technology, which  solves many real-world problems, and earning potential.  This means that I buy  bitcoin for my future and for a better economy.
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September 23, 2016, 05:35:11 AM
 #3875

Because of the technology, which  solves many real-world problems, and earning potential.  This means that I buy  bitcoin for my future and for a better economy.
Bitcoin is the best digital currency that has ever invented but it is not that easy because we need to convince the people to use it and show them the real value and benefits of using bitcoin, if we buy that is a sign of support and the more the demand will increase we will have a bright future ahead of us.

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September 23, 2016, 09:09:06 AM
 #3876

Because of the technology, which  solves many real-world problems, and earning potential.  This means that I buy  bitcoin for my future and for a better economy.
Bitcoin is the best digital currency that has ever invented but it is not that easy because we need to convince the people to use it and show them the real value and benefits of using bitcoin, if we buy that is a sign of support and the more the demand will increase we will have a bright future ahead of us.

Yes and its really hard to convince people around us as they are not aware about the new technology and they hesitate in investing in their money in something which is totally new to them.
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September 23, 2016, 09:36:06 AM
 #3877

I'm buying small amounts, but  I'm planning to buy more in  the future. I think it is one of the few  safe investments in the cryptocurrency space.
You had realized the right reason to buy bitcoins and you will get your benefits in future for sure.

I am also buying bitcoin with the intention of gaining more profits in future, but I'm not sure how long I will be able to hold it without spending it. Buying bitcoin is not that much important when compared to holding it for long period.
Yes, buying bitcoin is less significant for getting the maximum benefits from its price appreciation. Holding it for long haul must be the very much needed thing to get what we are aiming when buying bitcoins. People do forget it, and will sell of their bitcoins when they are seeing some $100 profit for their investment and get trapped from future price appreciation benefits.
Yes, it is a real trap if you are so greedy. If you believe in a strong bitcoin's future, then you will not get disturbed from your intentions of gaining maximum profit from future price levels of bitcoins. But, so far many early adopter had failed to hold for long duration as every human will get tempted by seeing their money got multiplied.
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September 23, 2016, 09:49:13 AM
 #3878

Every month I buy 0.5 and keep them in cold storage and I really don't bother what price it is holding, as its an long term investment for me and I am pretty sure that price will definitely go higher in future.
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September 23, 2016, 10:10:18 AM
 #3879

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

Of course that i buy bitcoins, if i wouldn't buy them i wouldn't be on this forum Smiley

And reasons... Well they are very simple. First of all it is very easy and fun to gamble with them, when i feel lucky i gamble few $ on sport and i place my bet in minutes, not like with fiat money.
I also love to buy tech with bitcoins now, since there are loads of new online stores that accepts bitcoins as payment,  i ought phone, earphones, and some really nice t-shirts for bitcoins. So these are main reasons why i buy bitcoins, i can't think of any other ones.
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September 23, 2016, 11:09:30 AM
 #3880

yes I'm sometimes buying bitcoins because of the fact its profitable and maybe the future of all currency's who knows right ?
The bitcoin is gonna get bigger and bigger and with just holding you can already make some nice profits right now.
I think the only reason that is often encountered is someone buying bitcoin to invest and earn profits in bitcoin. rarely did I see someone buying bitcoin to buy something

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