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Author Topic: Are you buying bitcoins? Why?  (Read 307701 times)
newcoins1978
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September 29, 2016, 03:06:06 PM
 #3981

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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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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agustina2
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September 29, 2016, 05:36:15 PM
 #3982

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.
Chennai
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September 29, 2016, 06:15:42 PM
 #3983

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
 #3984

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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peta4e
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September 30, 2016, 09:18:45 AM
 #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.
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.
agustina2
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September 30, 2016, 09:36:28 AM
 #3986



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.
eddyubachs
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September 30, 2016, 09:40:27 AM
 #3987



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
 #3988

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.

lakisis
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September 30, 2016, 09:52:43 AM
Last edit: October 03, 2016, 03:24:12 PM by lakisis
 #3989

Yeah i am buying bitcoin in high amount for the future because its price is very good and i hope that bitcoin will be more and more increasing its price in the near future and i am i get a big profit from bitcoin and i hope that bitcoin increase its price to double value so its good time to buy bitcoin right now buy time.
chaosknight
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September 30, 2016, 09:59:31 AM
 #3990

Yes I am buying at a moment as I have a feeling that price is relatively low at a moment and it can give me best returns in future as it is predicted that price will touch $1k in coming months.
GermanFoobla
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October 04, 2016, 03:19:54 PM
 #3991

Share with us what's your main reason for buying bitcoins?
I am trusting Bitcoin because I am using it for a while now and have never received any problems with it, it helped me to make some extra money also.
So there is not really a reason for me to not be buying Bitcoin when it is going to well.
umaOuma
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October 04, 2016, 03:21:30 PM
 #3992

Share with us what's your main reason for buying bitcoins?
I am trusting Bitcoin because I am using it for a while now and have never received any problems with it, it helped me to make some extra money also.
So there is not really a reason for me to not be buying Bitcoin when it is going to well.

Yeah bitcoin is good as an investment and its also helping us in earning extra money from it so I think we can put our trust in buying it at a moment hoping that it will bring good profits for us in future.
Lastmoadman
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October 04, 2016, 05:45:36 PM
 #3993

Share with us what's your main reason for buying bitcoins?
I am trusting Bitcoin because I am using it for a while now and have never received any problems with it, it helped me to make some extra money also.
So there is not really a reason for me to not be buying Bitcoin when it is going to well.

Yeah bitcoin is good as an investment and its also helping us in earning extra money from it so I think we can put our trust in buying it at a moment hoping that it will bring good profits for us in future.

The bitcoin can be used as an investment. If you bought the bitcoin in the middle of last year, you have made some profits.
SquallLeonhart
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October 04, 2016, 07:01:21 PM
 #3994

Share with us what's your main reason for buying bitcoins?
I am trusting Bitcoin because I am using it for a while now and have never received any problems with it, it helped me to make some extra money also.
So there is not really a reason for me to not be buying Bitcoin when it is going to well.

Yeah bitcoin is good as an investment and its also helping us in earning extra money from it so I think we can put our trust in buying it at a moment hoping that it will bring good profits for us in future.

The bitcoin can be used as an investment. If you bought the bitcoin in the middle of last year, you have made some profits.

Even its not too late at a moment to buy bitcoins, price is at $600 level and if you can manage to hold it for at least next 1 or 2 years then you will be earning good profits even if you buy today.
BitHodler
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October 04, 2016, 07:08:29 PM
 #3995

Share with us what's your main reason for buying bitcoins?
I am trusting Bitcoin because I am using it for a while now and have never received any problems with it, it helped me to make some extra money also.
So there is not really a reason for me to not be buying Bitcoin when it is going to well.

Yeah bitcoin is good as an investment and its also helping us in earning extra money from it so I think we can put our trust in buying it at a moment hoping that it will bring good profits for us in future.

The bitcoin can be used as an investment. If you bought the bitcoin in the middle of last year, you have made some profits.

Even its not too late at a moment to buy bitcoins, price is at $600 level and if you can manage to hold it for at least next 1 or 2 years then you will be earning good profits even if you buy today.
If you are long term minded and plan to make a long term investment, then you can buy yourself some coins right now.

Just make sure you don't buy with all your money as you need to have some money aside for when the price goes down.

It will allow you to buy at cheaper prices and thus get your average buying price down.

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eddyubachs
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October 04, 2016, 07:12:28 PM
 #3996

Share with us what's your main reason for buying bitcoins?
I am trusting Bitcoin because I am using it for a while now and have never received any problems with it, it helped me to make some extra money also.
So there is not really a reason for me to not be buying Bitcoin when it is going to well.

Yeah bitcoin is good as an investment and its also helping us in earning extra money from it so I think we can put our trust in buying it at a moment hoping that it will bring good profits for us in future.

The bitcoin can be used as an investment. If you bought the bitcoin in the middle of last year, you have made some profits.

Even its not too late at a moment to buy bitcoins, price is at $600 level and if you can manage to hold it for at least next 1 or 2 years then you will be earning good profits even if you buy today.
If you are long term minded and plan to make a long term investment, then you can buy yourself some coins right now.

Just make sure you don't buy with all your money as you need to have some money aside for when the price goes down.

It will allow you to buy at cheaper prices and thus get your average buying price down.

Yeah either you buy or sell don't to it 100%, better to do in small parts so even if price falls in coming days you still have an chance to buy them and same goes when you are selling them.
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October 04, 2016, 07:19:19 PM
 #3997

Right now I am sitting back but I may dive in later,my current motivation is watching the real estate market correct with the new foreign ownership rules coming into effect. If I see a drop of over 20% I may look to invest in some property long term. So I have money sitting on the sideline right now till I see a move one way or another that signals a huge swing. Hoping to see a drop but the problem there is the drop could continue as people get hit with mortgage issues and increased interest rates.
Wish I could speculate on both but right now I am more on the sideline and hopefully nothing to drastic happens in each field that makes it unattainable.
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October 04, 2016, 07:39:57 PM
 #3998

Price is above $600 level at a moment and its bit high for me so I will prefer to wait for sometime and will see whether it falls back to $570-580 level and if it does then will buy some bitcoins.
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October 04, 2016, 08:37:29 PM
 #3999

Price is above $600 level at a moment and its bit high for me so I will prefer to wait for sometime and will see whether it falls back to $570-580 level and if it does then will buy some bitcoins.

I'm planning the same thing, I just wait on a lower amount and than most likely gonna buy it because it has a nice amount but to buy it it would not be nice to have a lower amount.
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October 04, 2016, 08:40:28 PM
 #4000

Price is above $600 level at a moment and its bit high for me so I will prefer to wait for sometime and will see whether it falls back to $570-580 level and if it does then will buy some bitcoins.

I'm planning the same thing, I just wait on a lower amount and than most likely gonna buy it because it has a nice amount but to buy it it would not be nice to have a lower amount.

Yeah but looking at current price trend I don't think price will fall at that level in coming days, in fact the price is rising slowly at a moment so I think it would be good to buy at current price as price may go higher in coming weeks.

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