The reason that keeps me from investing in bitcoin

[fanita]

I do not invest because my bitcoin is small, much to do to collect bitcoin, if I already have a lot of bitcoin, I will invest bitcoin.

[Fafabol]

mystic future of btc makes me worry sometimes

In terms of what makes you worry for investing in bitcoin? Is it because of fear the price drops, or maybe fear your bitcoin will be lost due to hacked?

All investment has its own risks, in bitcoin you have to overcome your fears. For the reasons if you invest today even the price is expensive in the future you can earn profit. This is the reasons why I keep investing in bitcoin due to its advantages offer to the users. So I use bitcoin for savings and to earned profit.

Indeed. Invest at your own risk.
When you buy btc you should know and embrace that this coin is volatile as in it can pump and dump overtime.
Investing is only for the courageous.

[eaLiTy]

That was the main issue "HIGH FEES". But i think it will be solved sooner so its not to worry. Even if restaurants start accepting bitcoins, they will find some way to recieve and send bitcoins without any fees. Some wallet to wallet transactions doesn't require fees like localbitcoin to localbitcoin wallet. It send the transaction without any fees. I hope restaurants will find something like this for better use.

The problem with buying something in the physical world are not the fees but the confirmation time, on average is going to take 10 minutes to confirm your transaction if you send a good fee, but ten minutes is an eternity in the physical world and that needs to be solved.

Bitcoin cannot solve these issues unless they build something for retailers,we have to see more innovative projects that would help users to spend coins and get the confirmation instantly or a decent debit card that can be used in stores world wide and that is the only solution for these issues and i am really happy to see that the transaction fees has come down drastically and i could get confirmation with just 0.0001 btc transactions fees in less than 15 minutes,which is really awesome.

[djgtr]

The  great reason behind why i keep investing in bitcoin is basically the price. I really amaze on how bitcoin change its  price it is rising from time to time.it is more exciting than any otber game.
I see bitcoin is a great opportunity that can help me in my financial freedom.so that i can provide our daily needs.in short i keep investing bitcoin because i need to have another source of income .

[ClaraLuV]

The  great reason behind why i keep investing in bitcoin is basically the price. I really amaze on how bitcoin change its  price it is rising from time to time.it is more exciting than any otber game.
I see bitcoin is a great opportunity that can help me in my financial freedom.so that i can provide our daily needs.in short i keep investing bitcoin because i need to have another source of income .

The increasing price might excite people who are holding a good amount of coins when the price was low ,as far as i am concerned i am not too thrilled with the price as i am not holding that much coins that would benefit me with the recent increase,i have to focus on other coins at the moment and then plan on converting it to bitcoin.

I do not invest because my bitcoin is small, much to do to collect bitcoin, if I already have a lot of bitcoin, I will invest bitcoin.

I did not understand what you are saying,if you are not having bitcoin what kind of investment are you talking about,if you have money just buy the coin,it is not that hard.

[Xester]

The  great reason behind why i keep investing in bitcoin is basically the price. I really amaze on how bitcoin change its  price it is rising from time to time.it is more exciting than any otber game.
I see bitcoin is a great opportunity that can help me in my financial freedom.so that i can provide our daily needs.in short i keep investing bitcoin because i need to have another source of income .

Same with me as I see also bitcoin as a great opportunity to help me with my financial aspect.  I have a job and yet I feel like I really need more money to finance my daily needs.  I stopped investing from bitcoin since I was scammed.  From that time I do not invest my bitcoin but I will just keep it in my wallet and wait for it to grow.  I know it will because its price continue to goes up.

[RayvenPierre]

 Of course bitcoin is a really good investment and with its value gradually increasing makes it even better. I think you don't need to worry much about fees because if you are really serious on investing on bitcoin you would not use it casually. I mean who would use an investment to pay for your daily needs and things like paying their burger king bill? Just saying. ;p

[Carlsen]

The reason why I do not invest more in bitcoin is, that there is a bigger chance to lose everything.
It's not only that the price of bitcoin could decrease.
There is as well the chance that one of my wallets gets compromised for some reason.
Or that I lose my keys.
And once the coins are gone, they are gone for good.

[ice098]

The reason why I do not invest more in bitcoin is, that there is a bigger chance to lose everything.
It's not only that the price of bitcoin could decrease.
There is as well the chance that one of my wallets gets compromised for some reason.
Or that I lose my keys.
And once the coins are gone, they are gone for good.

There will always be a risk im everything you just need to learn how to fix everything and how to learn manage your emotions . Bitcoin price is not yet stable so many people are not yet investing on it.

[andrew24p]

bitcoin doesnt have to be money that you use to buy your daily lunch. There are far easier and convenient methods, especially within the western world. There are benefits to online payments though and just store of value. Store of value is a very overlooked and important quality.

[fasdorcas]

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

If you do not want to invest in bitcoin then no one is forcing you to do so, but I think it is very obvious that since this is a bitcoin forum most user are going to be pro bitcoin when it comes to investment, read the forum and you will understand why we are so positive about bitcoin but at the end is your call whether to invest or not.

Lmao…you did read that post perfectly, and good reply too, he said that he thought  he found a perfect way to invest his money. Yes he did. Fees shouldn’t be a problem, what you have to do is make bigger transactions whenever you want to and at once, cos making small transactions will lead to loss due to fees.

[Superways]

The reason why I do not invest more in bitcoin is, that there is a bigger chance to lose everything.
It's not only that the price of bitcoin could decrease.
There is as well the chance that one of my wallets gets compromised for some reason.
Or that I lose my keys.
And once the coins are gone, they are gone for good.

There will always be a risk im everything you just need to learn how to fix everything and how to learn manage your emotions . Bitcoin price is not yet stable so many people are not yet investing on it.

Indeed there is a risk in every kind of business .trading can never ever be risk free .The best option for investment is the one where risk is less and easy to manage .as far as emotions are concerned, they should be treated as visitors then as residents .a good trader should have a decent command over emotions .I don’t think so there is any problem in the stability of bitcoins. Up till now bitcoins have the most stable price and this thing is attracting masses over the globe.

[coynedterm]

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

Ifyou are going to invest money in lot of amounts then i am sure therr should be no issue of the fees that we needed during the transaction .
Here i would like to suggest you to just buy the bitcoin for long run because bitcoin's price will surely increase in the future because people are speedily getting in the bitcoin and increasing demand .
Here if you are thinking that future of the bitcoin is mainly depend upon the small small shoos to use then you should don't need to take tension any more because here segwit is going to change all things in this , here fee issue will be solved fully .
And also you don't forget thst therr are some third party wallets where wallet to wallet is free to send btc , so may be in the future any main third party wallet can do better thing to make buy  sell small amount stuff with bitcoin easily .

[TheKeyLongThumbI]

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

 
You should practice using fiat when only buying a small amount of goods and use only bitcoin when it's a little expensive or much more than that. There's always a way if you think about it.

[DoublerHunter]

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

 
You should practice using fiat when only buying a small amount of goods and use only bitcoin when it's a little expensive or much more than that. There's always a way if you think about it.

As long as possible just use fiat to buy things that you don't really need and store those bitcoins in a cold storage for long term purposes so you can have a great future because if you will save a lot of bitcoin now and just sell it after a few decades then you can easily buy a lambo without noticing that price tag because you already got a lot of money from bitcoin savings.

[futile-resistance]

Bitcoin is actually more suited to be an investment rather than a day to day currency. I still suggest you to buy some and hold them instead of using them, and treat them as 'gold'.

If services like fast food restaurants decides to use Bitcoin as a payment method, maybe they can come out with a method that allows for no fees between accounts, but this is just a suggestion.

Existing methods including Bitcoinpay, but it still charges a fee of 0.8%, not completely free.

I completely agree with you on this point, Bitcoin should be considered as a fixed deposit like Gold. it should not be used for our daily purposes.
but Bitcoin should not be used in the purpose of shopping purposes. because it is a profitable and valuable saving tool. so it should be reserved for the future purpose.

it's way better for saving and for investing purposes. Saving since its capable to increase our sacings when it pumps and unvesting for us to have potential tokens that we can get benefit if we have one for their project.

I don't really get his points. He doesn't want to invest just because of the $3 transaction fee or what? Check out what's currently happening. I just moved $50 from blockchain.info to a different wallet and today it's already $60, which is $10 profit. So why would someone say Bitcoin is not a good platform for investment? I rather invest here than invest on scam sites and lose money.

[Blackdeath]

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 on investing into bitcoin isee because it is the strange thing that I have but although it is strange it do provide income to help my mom in our daily expenses. Also I can hold it for a long period of time wherein I can gain because bitcoin's price is keep on rising from time to time.

[Rahar02]

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?

If you have money, do not hesitate to invest on bitcoin, consider it as your long term investment as bitcoin value will always increases as time goes on, as has been proven so far.
Bitcoin created to be an alternative currency, but the problem is bitcoin can't afford too many transactions every second, so the fees increase in order to process transaction faster. yes, who wants to buy $2 fee for $5 burger? No one. That's why we've been waiting for segwit be activated and be solved those problems. I think SegWit can do that, but time will tell us the truth whether is it really works or just temporary solution?

[Baofeng]

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?

If you have money, do not hesitate to invest on bitcoin, consider it as your long term investment as bitcoin value will always increases as time goes on, as has been proven so far.
Bitcoin created to be an alternative currency, but the problem is bitcoin can't afford too many transactions every second, so the fees increase in order to process transaction faster. yes, who wants to buy $2 fee for $5 burger? No one. That's why we've been waiting for segwit be activated and be solved those problems. I think SegWit can do that, but time will tell us the truth whether is it really works or just temporary solution?

I think if you are looking to invest for long term, Bitcoin is the best alternative as compare to Stocks or Mutual Funds. Why? Because overall, bitcoin's performance is much better as compare to both, specially this year alone. Do down 5-10 years from now, probably if you invest now, your profit could be x5 or even x10 of your initial capital. So its a good to add your your current investment portfolio.

The reason that keeps me on investing into bitcoin isee because it is the strange thing that I have but although it is strange it do provide income to help my mom in our daily expenses. Also I can hold it for a long period of time wherein I can gain because bitcoin's price is keep on rising from time to time.

Looks like you are not investing but looking at bitcoin as means to provide you and your mom income. But if you could it then it can really benefit you longer time. Yes, the price fluctuation of bitcoin is on our side now because its keeps rising day in day out. We can see profit that way.

[PacePay]

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

 
You should practice using fiat when only buying a small amount of goods and use only bitcoin when it's a little expensive or much more than that. There's always a way if you think about it.

As long as possible just use fiat to buy things that you don't really need and store those bitcoins in a cold storage for long term purposes so you can have a great future because if you will save a lot of bitcoin now and just sell it after a few decades then you can easily buy a lambo without noticing that price tag because you already got a lot of money from bitcoin savings.

I will support your opinion. Indeed we should try to grab as much bitcoins as we can in order to have a luxurious future. Bitcoins are soon going to rule the world and will definitely be made legal in a decade around the globe. Saving bitcoins now can help you to become the millionaire in the future.