Why people are still buying BTC?

[ucingucingan]

because they have great hopes for bitcoin, they hope that bitcoin prices can bounce back as late as last year, although I think there will be lots of hills and valleys formed to get to that point, but not without reason they keep buying bitcoin even though now Bitcoin prices are experiencing a decline and I think that is a valley that is starting to form, just waiting for the time to start the hill

[Cacao2017]

They still buy bitcoin because they believe that bitcoin has a lot of value and bitcoin will give them a lot of profits as well as it will help them realize the dream of becoming a millionaire, today's attractive bitcoin market and attract the Investors

[katrimans]

Bitcoin can still bring us huge profits, and this is the best coin in the world of crypto currency. Every year it gets stronger, so they believe that investing in bitcoin is very beneficial.

That is the purpose isn’t it? The possibility of getting the worth of your investment replicated is something like a dream for many and Bitcoin is the way to make it come true.

This is the reason people still invest in Bitcoin however the only purpose is not the maximization of profit but also to minimize the cost of transaction that otherwise in normally high in case of making them via banks. This is why they think Bitcoin is a possible threat to the banking sector.

[Dinomoves]

Why should they not if Bitcoin will be the next currency instead of Fiat. Crypto currency will surpass fiat in the future. If in terms of money evolution from Barter to Gold to Fiat now to digital money, and it is not new to people that is why people are starting to invest in it.

[Gragal]

now is the right time to buy BTC, because the BTC price is declining, then we trade with the long term, if we use trading with the long term we will definitely have very many benefits and also we can see our profit.

[Mr.grin]

now is the right time to buy BTC, because the BTC price is declining, then we trade with the long term, if we use trading with the long term we will definitely have very many benefits and also we can see our profit.

well, many people have the same mind to buy bitcoin now, because of the low price. many people buy bitcoin, because there is a high probability that the price will be higher. well, even big investors also do that.

[Zack14]

Why do people still buying Btc?  Why not?  Because this is the right time to invest we can buy to day because as we can see the in the market is all price is down that's why this is the right time to buy btc and hold.

[Viendong6158]

Simply because they still have trust and believe in bitcoin. And also they find it more profitable and productive way to gain more profits.

[ShineftChaos]

The limit or level of profitability depends whether you are a short term or long term investor.  The long term business is a life time business and the long term investors keep the portfolio till it is time for the market to give away. The risk management is easy to deal with. Entry to the business is more than easy and with little money, you can gain more than enough experience in the market

I agree on you, people's profit on cryptocurrency will be always depending on how they will hold their coin either for trading or for long term holding since the market price is increasing depending on its volatility.

[davit putra]

Everyone wants to improve their quality of life in financial terms, and therefore they buy bitcoin. Bitcoin is an investment-based cryptocurrency, and investing in crypto is more likely to get good profits.

[Antonina]

because they are still thinking and hoping that you can get something with bitcoach. they have heard different stories as from bitcoin deduce big money

[Profesor_kodok]

I think why people choose bitcoin because bitcoin has the strongest position. What do you think?

[MNDan]

Because they are still believing in the opportunities and perspectives that bitcoin can have in the future, it is still developing and evolving so in few years from now bitcoin can be the trending thing all over the world.

[Osaaah]

Apparently, Bitcoin market price is around $6500 and it is expected to appreciate significantly this coming market season (December). This will be equivalent to investors making about thousands of dollars should the market appreciate slightly by some percentage. With this expectation, you will find alot of people channeling their funds into Bitcoin and hoping to gain some profit should the market turn green. Therefore, in basic sense, investors/people are still buying Bitcoin because they believe in the lucrativeness of the coin.

[Vsamuel]

i think the reason why people are still buying Bitcoin as at now is that, people have become wildly aware of both the risks and benefits they stand to gain with just a little investment into the coin. In spite of the current up and down of Bitcoin market price, one major thing that inspire most investors to continually purchase the coin is that, it is by far the most acceptable cryptocurrency in the world and is useful for conducting buy and sell transaction online.

[PEDROMAP]

Well BTC is here to stay and people see in it another way to earn money, big money, so of course people will buy it, as is also so popular and not regulated.

[Walionn]

Because, they think that if they buy bitcoin at the current price, then the future price of bitcoins will increase significantly. This is the factor by which people buy bitcoin. As soon as the price of bitcoin decreases, there will be a good time to buy bitcoin, because the price of bitcoin eventually increases, and now is a very good time to buy bitcoin.

[BitcoinMarketer39]

Why are people buying bitcoins? Simply because we know for sure that it is not a scam or ponzi scheme.

Bitcoins is not a scam, the only problem is those people who are investing on the market without a decent knowledge and they sell their coins immediately when the prices are dumping and that is how they lose their capital.

[genset88]

The answer is the faith. Because people believe too much in the bright future of Bitcoins. In other words, is there a better coin than Bitcoin in this market? Even though Bitcoins prices are not fine, people still believe in it.

[gamalzour]

The limit or level of profitability depends whether you are a short term or long term investor.  The long term business is a life time business and the long term investors keep the portfolio till it is time for the market to give away. The risk management is easy to deal with. Entry to the business is more than easy and with little money, you can gain more than enough experience in the market

Due to the decrease in liquidity of the market as participants are selling for little profit or they are not able enough to survive in this long term investment therefore they are selling and in this decreasing number of users resulting decline in the price of Bitcoin. The current price is 6322 US dollar which came after further decline in price so this is highly affording price that is why participants will take interest in buying Bitcoins which will change the conditions again.