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Author Topic: Are you buying bitcoins? Why?  (Read 306800 times)
mirakal
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September 29, 2016, 06:54:28 AM
 #3981

I'm not buy bitcoin. i get it for free from faucet, Giveaway, signature campaign, trading and other. if i can get for free, why should I buy it? haha
but it's will take a long time to get 1 btc. so this way is not recomended if you want to get more btc in sort time, i suggest you to buy some btc and trading for altcoin. Cool

Why should you buy it? I understand that you are still a newbie and you didn't know the importance of buying bitcoin but buying bitcoin will give you more earnings. And besides you don't need to use your fiat money here since you can circulate all your earnings.

And besides you talk of trades, so I think you know what will be my next statement. Smiley
There is no restriction here on our ranks, because even newbies are not newbie in real life, we know bitcoins even before we are here because this is not the only forum, but it is just good to stay here because we can develop our skills if we will apply all the knowledge we can read.

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September 29, 2016, 09:38:25 AM
 #3982

Mostly as an investment, Collecting them and waiting for a price improvement to earn profit both on daytrading "for usd daily value" and as well as a long term investment to accumulate some btc on long term value.
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September 29, 2016, 11:47:53 AM
 #3983

I am still buying bitcoin slowly cause i believe in the future of btc. I am stocking up for the future as i believe the price will rise slowly and it will get more and more hard to get more amount in the future. so i start now.
I agree, i also buy for that purpose. im using some of my btc in trading and for paying my monthly bills its more convenient for me.

   

 
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September 29, 2016, 01:08:37 PM
 #3984

Now that is not easy to earn a bitcoin, so that is the main reason to buy it. Truth is I cant buy 1BTC in an instant I do it just little by little until I earn one. I am not that rich to have a lot of it but for me it is safe to have at least 2 or 3 in case there is a bigger fluctuation that will come.

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September 29, 2016, 01:43:36 PM
 #3985

Mostly as an investment, Collecting them and waiting for a price improvement to earn profit both on daytrading "for usd daily value" and as well as a long term investment to accumulate some btc on long term value.
one of a most common reason of peoples buying bitcoins. they buy bitcoin to earn some extra price when the price increase.. because bitcoin is a very valatile currency and price increase and drop so often so it is always profitable to buy bitcoin and sell them when the price increase no matter if price increase very little bit or increase too much.

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September 29, 2016, 01:51:56 PM
 #3986

Now that is not easy to earn a bitcoin, so that is the main reason to buy it. Truth is I cant buy 1BTC in an instant I do it just little by little until I earn one. I am not that rich to have a lot of it but for me it is safe to have at least 2 or 3 in case there is a bigger fluctuation that will come.

Me too. I do the same. 1 BTC is actually almost equivalent to my monthly salary. And of course, I can't buy BTC with all of my salary because I'm going to have nothing to eat.  Grin
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September 29, 2016, 01:57:31 PM
 #3987

If i had money enought to be buying a portion of bitcoin all months i would be doing such, i do believe the price will grow, but while it doesnt moove up i would invest into some altcoins.


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September 29, 2016, 02:08:54 PM
 #3988

If i had money enought to be buying a portion of bitcoin all months i would be doing such, i do believe the price will grow, but while it doesnt moove up i would invest into some altcoins.

Yup! the price will surely grows just be very patient about this cause it would take some time to sky rocket up and investing in some other altcoins are also a great investment too, and if the value in down it is a great opportunity in buying bitcoin and when the value goes up you can convert your bitcoin to fiat so you can gain an amount on your fiat money when the bitcoin goes back down again.














 

 

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September 29, 2016, 02:22:10 PM
 #3989

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$-700$


I also buy bitcoin sometimes but only when the price is down cause then it means most people dumped some bitcoin but they will start buying in again causing the price to go up.
So this is why i buy to make some nice profit.
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September 29, 2016, 02:31:24 PM
 #3990

If i had money enought to be buying a portion of bitcoin all months i would be doing such, i do believe the price will grow, but while it doesnt moove up i would invest into some altcoins.
Me too i had already money and it is enough to buy bitcoin right now because for me bitcoin has a good future someday and i will never regret that if im not going to buy right now bitcoin has more big potenrial than other crypto currencies we can use bitcoin soon as payment method in any other store.
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September 29, 2016, 02:42:20 PM
 #3991

If i had money enought to be buying a portion of bitcoin all months i would be doing such, i do believe the price will grow, but while it doesnt moove up i would invest into some altcoins.

you can choose to reserve a very small percentage of your income to buy bitcoin with once a month, or once every two months. even if it's a very small amount, each amount is worth holding.
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September 29, 2016, 02:51:59 PM
 #3992

I'm not buy bitcoin. i get it for free from faucet, Giveaway, signature campaign, trading and other. if i can get for free, why should I buy it? haha
but it's will take a long time to get 1 btc. so this way is not recomended if you want to get more btc in sort time, i suggest you to buy some btc and trading for altcoin. Cool

You are not buying it directly but you are working for it. So it means, you are still buying it using your time. I also do not buy bitcoin directly but I earn it. And some of my earning I use for trading alt coin.














 

 

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September 29, 2016, 03:06:06 PM
 #3993

iam buy bitcoin because i want growth my capital money

Me too by buying bitcoin right now i am hoping to increase the value of my networth in the upcoming years because bitcoin should still be going up in value per coin.
Trying to invest as much as possible right now from my fiat salary so I can live from bitcoin in 10 years.
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September 29, 2016, 05:36:15 PM
 #3994

iam buy bitcoin because i want growth my capital money

Me too by buying bitcoin right now i am hoping to increase the value of my networth in the upcoming years because bitcoin should still be going up in value per coin.
Trying to invest as much as possible right now from my fiat salary so I can live from bitcoin in 10 years.

Well people tend to buy bitcoin as invesment rather than for currency.

Is there any other reason why people buy coins? Of course to wait for the price increase. But you know it's really not a good idea to rely on bitcoin earnings to support your future. As a backup, yes but make sure you also have fiat savings.

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September 29, 2016, 06:15:42 PM
 #3995

iam buy bitcoin because i want growth my capital money

Me too by buying bitcoin right now i am hoping to increase the value of my networth in the upcoming years because bitcoin should still be going up in value per coin.
Trying to invest as much as possible right now from my fiat salary so I can live from bitcoin in 10 years.
Everyone's moto is to have a good turn over to what they have secured till date. As the price is less compared to earlier days, all are tend to buy bitcoins as much as they can. All are hero's in business here. Hence all will be looking towards its spike. This is an open forum to cerculate the asset gained from bitcoins. Lovely place to do all positive actions here.
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September 29, 2016, 09:38:57 PM
 #3996

Mostly as an investment, Collecting them and waiting for a price improvement to earn profit both on daytrading "for usd daily value" and as well as a long term investment to accumulate some btc on long term value.
the same for me to be honest, bitcoins are just an investment for me and that is why i hold it
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September 30, 2016, 09:18:45 AM
 #3997

Mostly as an investment, Collecting them and waiting for a price improvement to earn profit both on daytrading "for usd daily value" and as well as a long term investment to accumulate some btc on long term value.
the same for me to be honest, bitcoins are just an investment for me and that is why i hold it

Most of the people are buying bitcoins just for holding it and count me in with that. For I have bought bitcoins when the price is still $500 and somehow as of now I did got some profit already but still I am going to keep on buying if I can consider the price is still low. But there are also people who are buying bitcoins just to gamble and to trade.

Buying it for trading is an good choice as you will be able to multiply your coins in long run with trading, and trading bitcoins is always best in compare to simply holding them where you cannot make regular profits.
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September 30, 2016, 09:36:28 AM
 #3998



Most of the people are buying bitcoins just for holding it and count me in with that. For I have bought bitcoins when the price is still $500 and somehow as of now I did got some profit already but still I am going to keep on buying if I can consider the price is still low. But there are also people who are buying bitcoins just to gamble and to trade.

No it's not the "most". People tend to buy coins for trading purposes but not to the point they will hold it for long. Just look at the volume of bitcoin traders and you can see they are buying coins to earn profit thru trading and not by holding.

And agree, if people consider that a certain price is reasonable to buy coins, then they can do it if they want.

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September 30, 2016, 09:40:27 AM
 #3999



Most of the people are buying bitcoins just for holding it and count me in with that. For I have bought bitcoins when the price is still $500 and somehow as of now I did got some profit already but still I am going to keep on buying if I can consider the price is still low. But there are also people who are buying bitcoins just to gamble and to trade.

No it's not the "most". People tend to buy coins for trading purposes but not to the point they will hold it for long. Just look at the volume of bitcoin traders and you can see they are buying coins to earn profit thru trading and not by holding.

And agree, if people consider that a certain price is reasonable to buy coins, then they can do it if they want.


Traders will never prefer to hold their coins for a long term, in fact they will take advantage from each and every fluctuations and believes in making regular profits instead of holding them and earning one time profit.
dharkmadder
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September 30, 2016, 09:51:05 AM
 #4000

I buy bitcoins mainly for two objectives, One is for investing in it and holding and waiting for a price improvement. it is the main objective for the current time, I also use it sometimes to conduct peer to peer transactions once in a while.

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