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Author Topic: Why I use Bitcoin ???  (Read 24594 times)
(altair)
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December 15, 2016, 01:44:29 PM
 #601


Nowadays, for us to make a good income with bitcoin we need to invest a bigger amount for long term. You can trade but it is important to have a decent amount as your capital, this will enable you to do it seriously since you are going to see a good profit if you are doing it right.

You can practice with small amount in trading until you master the method to earn but with long term investment you need bigger investment.
You are right! Trading is really profitable in long term if you know how to manage it. And of course the higher the capital, the higher the profit. But if someone will just start and still on a learning process it is highly recommended to begin with small amount first.

Yeah, putting large amounts right away to start trading is very risky to do. If you lose, you will really regret it because you lose too much amount. If you're just starting trading it's better to start with the minimum amount so it would be not to disappointing if you lose. While you are trading with small amounts you will know many lessons that you can really use when you level up your capital in trading.
Ejinx
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December 15, 2016, 06:24:21 PM
 #602

Because it is fast
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December 15, 2016, 07:19:51 PM
 #603

Safe and reliable
The_Dark_Knight
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December 16, 2016, 02:10:35 AM
 #604

There are lot's of reason why you should trust bitcoin first is bitcoin can help you benifits and earn profit with other currencies it can help you to gain experience from trading , gambling , investment and other activities that you don't learn from your past. Bitcoin is great and can use easily can be transaction worldwide can easily send money to anyone.
These are good points, they are also some of the reasons that lead me to use Bitcoin. But the main reason is the possibility of creating an address and moving funds in a simple way, without bureaucracy. It's like they say, be your own bank.

Those are the best things about bitcoin and if I cannot anymore with it, I guess you have said it all. Being a currency itself, being an investment by just simply holding it. Even with these two factors, many are going to use bitcoins. And the good thing about it is per transaction we are making with bitcoin, the fees are so much cheaper.
in fact bitcoin is created for the purpose to be use as online currency as well as like fiat currency in real life, but as the the facilities of bitcoin is are not available everywhere therefore people are using it for investment and trading purposes, i think the best purpose for which bitcoin should be use for to use it as online currency.
People are using bitcoin as an investment and for trading because is on of the best things to invest right now even if there were lots of places to spend our bitcoins in real life there will be a lot of users storing theirs coins for the future.
Conus
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December 16, 2016, 02:12:29 AM
 #605

I also have to agree that the security offered with bitcoin is the best reason to use it.  Some say that you could easily loose it by forgetting your address or keys, but that is the same with the money you have in your back pocket, you can loose that also.
zidanw
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December 16, 2016, 06:16:53 AM
 #606

I also have to agree that the security offered with bitcoin is the best reason to use it.  Some say that you could easily loose it by forgetting your address or keys, but that is the same with the money you have in your back pocket, you can loose that also.
yep security is one of the advantages of using bitcoin, Bitcoin users can also protect their money with backup and encryption.

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TheTaskMaster
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December 16, 2016, 08:25:25 AM
 #607

I'm using bitcoins because its easy and also very secure compared with other currency's another thing is that the profits are insane so investing is also worth it!
i agree with you bitcoin is easy to use and secured but if someone knows your private key they can steal your funds. bitcoin investing is worth it if you have alot of btc like 1000 btc which can make you huge profit.
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December 16, 2016, 08:33:17 AM
 #608

I'm using bitcoins because its easy and also very secure compared with other currency's another thing is that the profits are insane so investing is also worth it!
i agree with you bitcoin is easy to use and secured but if someone knows your private key they can steal your funds. bitcoin investing is worth it if you have alot of btc like 1000 btc which can make you huge profit.

I can't agree that investing is Worth only if you have 1000 Bitcoins or more. This is not true. You can start investing with very little amounts, like 0.1. Your earnings will not be big but it's recommended to start with smaller amounts to get the feeling and to learn. The more funds you have and invest the profit will be bigger if you iinvest and trade smart and have a bit of luck too. This is not an easy job and it's risky but if you get skilled you can profit.

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December 16, 2016, 10:11:26 AM
 #609

For me is very simple, I want to make a profit because of the bitcoin. In addition it is for online shopping because of the payment has been received by the bitcoin online sellers.
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December 16, 2016, 05:57:09 PM
 #610

Because, Bitcoin is a gold now
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