The reason that keeps me from investing in bitcoin

[harizen]

I witness the tremendous increase in the price of bitcoin for the past years and I regret that I failed to hold some before the price hike...now I tried to invest little by little and hoping that bitcoin value will still continue to grow and hoping to have a good profit

You are not alone. Some of us even lost bitcoin along the way. But the important thing is we are still on it. Buying and holding because we truly believes that the price will exponentially rise in the future. And getting little by little is a good strategy to accumulate in time. I'm also a firm believer of this method that's why I'm getting few here and there if a can.

But then we must take note of the possible things that might happen few days from now. Take time to analyze what will happened before buying and selling bitcoins today.

https://bitcointalk.org/index.php?topic=2017191.0
https://bitcointalk.org/index.php?topic=2012799.0

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[AiWanChu]

dont buy bitcoin if you prefer to live in poverty

[mantra]

Bitcoin investment does have a big risk, can be very harmful and can be very profitable, I only think about the big profits, but of course still with reasonable consideration, I still will consistently say that bitcoin is a very promising investment

[CarnagexD]

Fee's are being worked on as we speak and we'll surely see a fix very soon.

Just last year the fee's were a few cents for sending any emount anywhere. That's pretty neat and how it should be. But then again if you are looking to invest you should be getting in to BTC. If it's money that you don't need for the next 2 or 3 years I don't see why fee's are an issue for you. Buy BTC, secure it and then forget about it for 3 years. I am very certain that you'll be rich after those 3 years.

The point is Bitcoin is always developing its system in terms of transaction, fees, value or even in security. Making peole choose Bitcoin more as an option on daily transaction or in investment itself. But the truth is Bitcoin is relatively developing as it's start making a name on the market. So its better for us to trust and to embrace the system of bitcoin on a more professional case just like investment and trading. Just look and set a goal to earn and no doubt that you could possibly achieved it.

[Hhampuz]

dont buy bitcoin if you prefer to live in poverty

What does that even mean? Lol. You have no idea about his current situation or how much money he has or is worth right now, you have no clue really. There will be plenty of chances in th  coming years for people to invest but by not investing doesn't really make you poor. Weird logic you got going there..

[nethan1btc]

I witness the tremendous increase in the price of bitcoin for the past years and I regret that I failed to hold some before the price hike...now I tried to invest little by little and hoping that bitcoin value will still continue to grow and hoping to have a good profit

You are not alone. Some of us even lost bitcoin along the way. But the important thing is we are still on it. Buying and holding because we truly believes that the price will exponentially rise in the future. And getting little by little is a good strategy to accumulate in time. I'm also a firm believer of this method that's why I'm getting few here and there if a can.

Well I see it that bitcoin can be invested in long term that's why most of us here kept the good investments with bitcoin for so long and never give up. Eventhough there were time you wanted to sell, but you kept on holding prior price will hit the top. So wait for several months and even years the price will increase from time to time, there's no regret at all and you will really be happy with the results in the future.

[senin]

Investing in bitcoin is a good scheme for obtaining a decent profit. It is enough to buy bitcoin and it will bring on average 150 Indeed, what kind of depression can there be, if even ten days before the first? However, the latest news with scaling is pretty optimistic.

[Core.BUSTER]

Investment in bitcoin or crypto currency with your spare money to me is the best option as compared to keeping your money in the bank without any additional intrest on your money. This is because bitcoin or crypto currency is the future in terms of investment. You can equally invest in some other currency that are at the ICO level before the lunch.

Indeed. The main reason why that keeps me from investing is the price of bitcoin and I know that if I invest now there is a chance that I would become millionaire or billionaire in the future. In addition to that, I agree that investing is the best option that keeping your money in bank and in bitcoin you can a sure that you could make and earn a high income.

[alexsamudra]

The higher the cost to do bitcoin investment, is there any other way to reduce the usual investment.

[Prodigan786]

If your really  looking for long term investment bitcoin is best to invest you also look into some altcoin as if now till august first hard fork then you can convert your altcoin to bitcoin for long term.

[mk4]

dont buy bitcoin if you prefer to live in poverty

Can you at least tell us why? It useless saying such statements without reasoning why.
Anyway, why would we live in poverty if we invest in bitcoin? There's a reason why you only invest what you can afford to lose. Simply so that if ever bitcoins lose value it won't affect you too much.

The higher the cost to do bitcoin investment, is there any other way to reduce the usual investment.

Can you be more clear? I(and probably most people here) can't understand what you're trying to say.

[ArIMy11]

Hello everybody.

I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?

The only thing I see : big amount transaction

But bitcoin won't be the money you use to buy your sandwich with those fees!

I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?

Will segwit may lower the fees?

Thank you

The reason that keeps me from investing in bitcoin is word “earning”. Even though I earn small amount now, the important thing is that I am earning instead of just sitting every day and doing nothing. I cannot pick 3$ in the road or anywhere every day. I believe that if my small earning combine it will be a big profit.
I think that you’re rich because you do not consider and appreciate small amount of earning(nothing personal, just my opinion). Believe me I knew someone that innovate their house because he/she earn big in bitcoin, and I also have a friend that earn 80k in bitcoin. Try to rank up join campaign or trade you will earn not only 3$.

[JoMarrah Iarim Dan]

Hello everybody.

I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?

The only thing I see : big amount transaction

But bitcoin won't be the money you use to buy your sandwich with those fees!

I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?

Will segwit may lower the fees?

Thank you

The reason that keep investing me in bitcoin is that it is my only way I can earn money. At this age I am not qualified in any job so it is where I depend. I want to earn because in order to help and since I know some way to earn, I am pushing to do it.
Maybe you can say that because you don’t understand bitcoin and how to work with bitcoin. Try joining campaigns and earn enough money.

[bs.glory]

My favourite PDF book has answered this question again while I'm reading it.

Money is a fulcrum of paradoxes. It is, in the famous characterisation by
Simmel, heartless – and yet, according to Zelizer, deeply emotional, ubiquitous
but elusive, uniform and endlessly varied. The paradox to be explored here is that
of the relationship between money and economic systems. This relationship is
simultaneously tight and loose. It is tight to the extent that money appears as a
fundamental dimension of the economy, a yardstick by which its growth and
wealth accumulation are measured.

[SacriFries11]

Hello everybody.

I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?

The only thing I see : big amount transaction

But bitcoin won't be the money you use to buy your sandwich with those fees!

I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?

Will segwit may lower the fees?

Thank you

Bitcoin is one the best investment we have today. All we can do is believe the power of bitcoin. Bitcoin is the right choice for investment especially if you willing to invest for long term. Expectation in bitcoin are very high were investors are willing to give it all believing that they become right someday just like the people have already invest in bitcoin they become rich the same as the boy that invest a years ago. If you’re willing to invest, keep in mind that it’s not guaranteed hundred percent. Compared to other investment, bitcoin must be the best option you have. Maybe transaction fees are getting big but compared to other that have taxes and they control over your money.

[micher143]

Hello everybody.

I would like to invest some money in bitcoin, I don't use that money and I don't need it for the next 2/3 years.
I thought I found in bitcoin the perfect way to invest. BUT when I see the fees applied I don't see how the bitcoin will become mainstream! The fees are around 1mBTC which is approximatively 3$. Therefore what is the point of bitcoin?

The only thing I see : big amount transaction

But bitcoin won't be the money you use to buy your sandwich with those fees!

I saw a post saying: yeah burger king is willing to accept bitcoin in russia. Hopefully mcdonald will follow ! But why would someone pay 3$ fee therefore a third of his burger king menu in fee?

Will segwit may lower the fees?

Thank you

The reason that keep investing me in bitcoin is that it is my only way I can earn money. At this age I am not qualified in any job so it is where I depend. I want to earn because in order to help and since I know some way to earn, I am pushing to do it.
Maybe you can say that because you don’t understand bitcoin and how to work with bitcoin. Try joining campaigns and earn enough money.

That is right because in bitcoin helping us to earn money while doing something and the profit that we are gaining is not just like the services at the real world but somehow it is bigger in that and it is not hard to earn bitcoin here in the forum because of the signature campaign. That is why bitcoin for me is very important because the bitcoin is my source of income.

[TheGodFather]

OP if you are so concerned about the high fees maybe a good altcoin is better for you to invest in. Litecoin has already activated Segwit and soon the Lightning Network payment layer will follow. Look into it, maybe it is where you want to invest your money.

Maybe you have a point but. We need to aceept the fact that fees are connected to our transactions. So lets just be patient on it. Wait until something might change. We dont  know maybe someday fees will be lowered. Bitcoin still has a highest value among all so we want it. That keep us from coming back.

[guoyu78]

OP if you are so concerned about the high fees maybe a good altcoin is better for you to invest in. Litecoin has already activated Segwit and soon the Lightning Network payment layer will follow. Look into it, maybe it is where you want to invest your money.

Maybe you have a point but. We need to aceept the fact that fees are connected to our transactions. So lets just be patient on it. Wait until something might change. We dont  know maybe someday fees will be lowered. Bitcoin still has a highest value among all so we want it. That keep us from coming back.

Yeah! We can’t do anything with the transaction fees. Transaction fees are very little less to the profit bitcoins let us enjoy. We should not be hesitant of paying these trivial fees. Bitcoins have made numerous people around the globe rich. So I think transaction fees should not make you hate bitcoins.

[Jody.Drummer]

Bitcoin investment does have a big risk, can be very harmful and can be very profitable, I only think about the big profits, but of course still with reasonable consideration, I still will consistently say that bitcoin is a very promising investment

I agree with you because only bitcoin is promising in investing so I do not trust anymore except the bitcoin .. all of them definitely have big risk whatever it is but security in bitcoin also very good indeed....

[Alice Nuttal]

The fact that Bitcoin is a risky investment doesn’t mean it is not a promising one. We all know that great profits are found with great risks. I’m ok with that. That’s why have no doubts considering investing in Bitcoin.