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Author Topic: Why are you investing in Bitcoin?  (Read 10749 times)
From Above
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July 11, 2016, 09:07:10 PM
 #201

I've said earlier I dont really invest in Bitcoin but when I do I really invest a lot at once. It has happened more than a couple of times that my entire paychecks of the months have gone into the Bitcoin wallets

~CfA~

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July 12, 2016, 04:06:00 AM
 #202

hmm for now im not investing my bitcoin in any website because it's not worth to invest right now because some of website are always turning into scam it always take days and then they will close their website like bubbles im holding my bitcoins for my future purposes and for my daily expenses or in my daily needs

Hmmzz, I think it is true investing in websites that offer these things, because I see all the websites that offer the most things using the ponzi system or hyip, which can give a very adverse impact on those who register. but you don't need to worry because there are a very safe investment way i.e. by relying on the price of the Bitcoin. So you just buy when prices are low and the bitcoin sell when the price is high
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July 12, 2016, 05:23:13 AM
 #203

hmm for now im not investing my bitcoin in any website because it's not worth to invest right now because some of website are always turning into scam it always take days and then they will close their website like bubbles im holding my bitcoins for my future purposes and for my daily expenses or in my daily needs

I find the price too high too, therefore I am waiting for it to go lower again, so I can start investing by buying more bitcoin.
My end goal for this year is to hold around 30 bitcoin.
Nice investment you are going to be more richer if you achieved your goal in this year end because it will gives you a lot of profit specially if the price will multiply again.
For me i invest in bitcoin because i see the value and it is continuous rising and this will be able to be famous currency in the future.
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July 12, 2016, 09:33:39 AM
 #204

I've said earlier I dont really invest in Bitcoin but when I do I really invest a lot at once. It has happened more than a couple of times that my entire paychecks of the months have gone into the Bitcoin wallets

~CfA~
Wow your dedication to invest in bitcoin is high. An entire paycheck of some months to go into bitcoin is something that I myself cannot do since I have quite a lot of other things to worry about.

However, I invest in bitcoins with pretty much the same reason as everyone. Profits. But there are many bitcoin fanatics who would hold their coins nearly forever until the very last day of their lives because they're still expecting the value to rise up.
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July 12, 2016, 10:48:48 AM
 #205

Since the price of Bitcoin changes a lot, so I know most of you are investing large amounts of money in Bitcoin.
But why are you doing this? to make money by selling them after a price increase? or is it just to have something to do on the internet?
And since the price can increase and decrease, you can lose this invested money, what would you do?

I'm investing time to generate bitcoin. No need to convert my hard earned fiat to a currency with limited use. Better to mine with ones mind, and efforts, instead of diverting value from my other income streams. This is an experiment still at this stage, and while I trust in the protocol (I can't see a massive, overnight devaluation, for example) I don't believe in putting alot of eggs in one basket. I always tend to drop or lose it   Grin
Mining costs a lot of money and it takes long time to get back that investment. Also, electricity costs keep increasin if we have a miner. It's harder than buying bitcoins online and holding it which may be less risky but I do agree that miners can earn more profit with the rewards but not everyone can do that.
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July 12, 2016, 11:37:27 AM
 #206

I've said earlier I dont really invest in Bitcoin but when I do I really invest a lot at once. It has happened more than a couple of times that my entire paychecks of the months have gone into the Bitcoin wallets

~CfA~
the same for me, if i put money into bitcoins i put a lot of it all at once because i think that in this way you can make the most profit out of the price growths

 
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July 12, 2016, 12:10:04 PM
 #207

I've said earlier I dont really invest in Bitcoin but when I do I really invest a lot at once. It has happened more than a couple of times that my entire paychecks of the months have gone into the Bitcoin wallets

~CfA~
the same for me, if i put money into bitcoins i put a lot of it all at once because i think that in this way you can make the most profit out of the price growths

That's the best method of making profit, at the same there is nothing assured with bitcoin. For this reason I always prefer to go with accordance to the price movement whether to invest much or low.

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July 12, 2016, 12:22:17 PM
 #208

Easy investment is really the answer here. For there are a lot of country where you need some files and documents to just invest money. Example is a bank. They would need all the information and some ID's. Here you just create a wallet account then buy some bitcoin. Simple as that. No hassle.

Did I just sounded like a commercial from television?  Grin
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July 12, 2016, 12:30:11 PM
 #209

I've said earlier I dont really invest in Bitcoin but when I do I really invest a lot at once. It has happened more than a couple of times that my entire paychecks of the months have gone into the Bitcoin wallets

~CfA~
the same for me, if i put money into bitcoins i put a lot of it all at once because i think that in this way you can make the most profit out of the price growths

That's the best method of making profit, at the same there is nothing assured with bitcoin. For this reason I always prefer to go with accordance to the price movement whether to invest much or low.
well even if it is a good way of making money i think it is too boring for me and i would definitely choose to trade bitcoins in order to make profit rather than just hold
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July 12, 2016, 12:41:03 PM
 #210

No such investment gives a big profit similar to the profit got through bitcoin investment. For this reason bitcoin investment is given preference comparatively.
yes it is a fact and to me the future of bitcoin is really looking very good to me. that is why i have invested in bitcoin. i am hopeful that bitocin will give me a good profit and i can manage to continue it for a long time.
you are right that bitcoin is really get more powerful currency in the future than other currency and a large number of people invest their money in bitcoin , because bitcoin increase it price too much faster day by day .
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July 12, 2016, 03:24:16 PM
 #211

hmm for now im not investing my bitcoin in any website because it's not worth to invest right now because some of website are always turning into scam it always take days and then they will close their website like bubbles im holding my bitcoins for my future purposes and for my daily expenses or in my daily needs

I find the price too high too, therefore I am waiting for it to go lower again, so I can start investing by buying more bitcoin.
My end goal for this year is to hold around 30 bitcoin.
if you really find the rate too high then why are you not selling your bitocin. i think the reason is that still the market has the potential to increase. as people have got confident and they are no investing more and more as they find it a safe investment.
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July 12, 2016, 03:39:16 PM
 #212

hmm for now im not investing my bitcoin in any website because it's not worth to invest right now because some of website are always turning into scam it always take days and then they will close their website like bubbles im holding my bitcoins for my future purposes and for my daily expenses or in my daily needs

I find the price too high too, therefore I am waiting for it to go lower again, so I can start investing by buying more bitcoin.
My end goal for this year is to hold around 30 bitcoin.
we will pray for you. one keep it in your mind that if you are waiting for the price decrease to buy bitcoin at a low rate. so it is looking difficult. so i can suggest you not to wait any more and do buying in the present price.
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July 12, 2016, 03:51:59 PM
 #213

hmm for now im not investing my bitcoin in any website because it's not worth to invest right now because some of website are always turning into scam it always take days and then they will close their website like bubbles im holding my bitcoins for my future purposes and for my daily expenses or in my daily needs

I find the price too high too, therefore I am waiting for it to go lower again, so I can start investing by buying more bitcoin.
My end goal for this year is to hold around 30 bitcoin.
we will pray for you. one keep it in your mind that if you are waiting for the price decrease to buy bitcoin at a low rate. so it is looking difficult. so i can suggest you not to wait any more and do buying in the present price.
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July 12, 2016, 04:02:31 PM
 #214

I guess because I look and feel great potential that I can get if I invest in bitcoin, and it's been proven. from 2014 I know bitcoin, it really changed my life, which was always dependent on others, become independent, I think it was an excellent change for me, so that's why I invest in bitcoin
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July 12, 2016, 04:07:18 PM
 #215

I investing in bitcoin because i'm sure the price of bitcoin will increase so high when the halving come and the result is not good after the halving. The price of bitcoin is stable right now and i will wait a week,
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July 12, 2016, 04:18:46 PM
 #216

from the past we saw that bitcoin path is going to down and its is really happening today.January 2016 i saw the price of bitcoin is 200$+  but now its 650$  . its a an eye catching to see that bitcoin price is rising so for me this is the reason that i am investing in bitcoi.
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July 12, 2016, 04:21:36 PM
 #217

from the past we saw that bitcoin path is going to down and its is really happening today.January 2016 i saw the price of bitcoin is 200$+  but now its 650$  . its a an eye catching to see that bitcoin price is rising so for me this is the reason that i am investing in bitcoi.
do you think that it is a permanent increase or just for the time being to attract the people and then the price will start decreasing. if it is so then what about yours and other people investment? that is the big risk in the trading of bitcoin. what do you say?
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July 12, 2016, 04:24:05 PM
 #218

from the past we saw that bitcoin path is going to down and its is really happening today.January 2016 i saw the price of bitcoin is 200$+  but now its 650$  . its a an eye catching to see that bitcoin price is rising so for me this is the reason that i am investing in bitcoi.
do you think that it is a permanent increase or just for the time being to attract the people and then the price will start decreasing. if it is so then what about yours and other people investment? that is the big risk in the trading of bitcoin. what do you say?
it is the investment itself so better know and understand how it will come next, bitcoin is just like stocks the more supply needs or the more people uses it the more the price increases so if you think that the price is getting down you must be very careful and understand the fluctuation before you panic and loses your investment.

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July 12, 2016, 04:43:31 PM
 #219

from the past we saw that bitcoin path is going to down and its is really happening today.January 2016 i saw the price of bitcoin is 200$+  but now its 650$  . its a an eye catching to see that bitcoin price is rising so for me this is the reason that i am investing in bitcoi.
yeah, the price is rising at a very rapid pace at the moment and i think that it will grow even more in the near future thus allowing us all to make some good money, its the reason why i invest too

 
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July 12, 2016, 05:38:33 PM
 #220

Since the price of Bitcoin changes a lot, so I know most of you are investing large amounts of money in Bitcoin.
But why are you doing this? to make money by selling them after a price increase? or is it just to have something to do on the internet?
And since the price can increase and decrease, you can lose this invested money, what would you do?

For an initial accumulation of Bitcoin, one can buy it or work for it, and to resolve that high volatility of Bitcoin, one must know how to grow them.  In my case, I trade Bitcoin in different altcoin then converting them back to Bitcoin if the price of these altcoins increase.  that way i can still have profit if Bitcoin price goes down.
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