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Question: What was your INITIAL motivation to buying Bitcoin?  (Voting closed: July 29, 2017, 02:16:37 PM)
I wanted the government's hands off my money - 3 (5.8%)
I wanted nothing to do with banks - 3 (5.8%)
I just wanted to make money - 22 (42.3%)
Option 1&2 - 6 (11.5%)
All of the above - 8 (15.4%)
Other(Please state on the comments) - 10 (19.2%)
Total Voters: 52

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Author Topic: What was your INITIAL motivation to buying Bitcoin  (Read 2613 times)
web233
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July 23, 2017, 10:17:29 PM
 #41

Wanting to be an early adopter of the future of currency. I've watched many other new technologies come and revolutionise our lives without realising it, this is the first one that I'm conscious of and watching it unfold.
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July 23, 2017, 11:26:50 PM
 #42

initial to bought bitcoin to earn profits / money with trading because it requires capital and just holding bitcoin as an investment can be profitable. indeed the initial motivation just to get the money but the more I know the bitcoin many things are profitable besides earning money.

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July 23, 2017, 11:37:39 PM
 #43

I initially bought into it as an experiment to see how easy/different it could be from credit cards or other payment methods. Then it turned in to a hedge against Fiat currencies for me. Now it's a investment that I keep in my portfolio, but also a storage of value/emergency fund
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July 24, 2017, 12:26:17 AM
 #44

I would like to find out what initially attracted community members to bitcoin.
The iniial motives of buyers of bitcoin is to profit.Especially when price is down.Buyers used to buy and hold it for a long time because they can make bitcoin into a value of million cash when price is in a high price.Im just new and my pay here is just for our needs so I cannot store bitcoin yet.But when I have bitcoin to save that will be also my main motive to profit a big amount.
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July 24, 2017, 12:55:48 AM
 #45

Simply reason: I just wanted to make money. I'm also into stocks and when I heard about bitcoin I go with it thinking that it could be a good investment portfolio. Although I have bitcoin bitcoins before that I lost. So that also motivates me to somewhat recover what I have lost because of my own doings. I'm still halfway of my recovery, but I least I'm heading on a good direction. So I guess most of the people who around 2015-present would say that they go to bitcoin to earn money. But I surmise that the early adopters who'd have different reason. Others just for fun for it, while some for experiment. I doubt they think that bitcoin could be a good investment then.

Do you still remember Laszlo who bought 10,000 bitcoins for a couple of pizzas in 2010? Maybe he is just experimenting or having just some fun. But if he just hold in for now and think of it as investment back then, it gonna be worth millions of dollars now. Different era, different motivation.

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July 24, 2017, 01:19:53 AM
 #46

Investment is my initial motivation to buy bitcoin.Bitcoin is the best choice to invest. I need to invest for my future needs. When you get old you always think what will be your life when you get old and you can't go for work to earn for your daily needs. This is the only way i know to secure my families future needs.

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July 24, 2017, 01:39:07 AM
 #47

I'd be lying if I tell that I am not into bitcoin for profits. I consider it first as an investment, and secondary as a currency. That is why a pullback is still a welcome sight even when others are hoping for a continuous growth. Don't get me wrong as I like that too, but a healthy growth must dips and pullbacks for it to continue its upward trend. But now, I like for bitcoin to grow more as a currency that is why I am slowly doing my small share of using it as a currency.
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July 24, 2017, 04:22:50 AM
 #48

Actually all the above points but also i wanted to stay far from banks and and i wanted a side business which would get me a good earning. Bitcoin has fullfilled all my points so i prefer purchasing them anytime. Bitcoin is good to secure future as we all know its increasing price
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July 24, 2017, 04:54:10 AM
 #49

I was using Bitcoin because I can used it for global transactions and all of my transactions is hidden from others, and now I mostly using my Bitcoin as long term investment and for trading , the value of Bitcoin now is more suitable as an investment


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July 24, 2017, 05:56:04 AM
 #50

i didn't buy, and my motivation was to fidn a job that could be done online and since there were only scam before now it become a reality, mining is the perfect job for me, the income now is even steady you can live with it

i see no reason to buy, you can earn at lower cost and with almost zero risk, i can sell my mining any time, but without buyers the value would not be so high, so i let the other buy
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July 24, 2017, 06:13:20 AM
 #51

actually I am not buying bitcoin for the first time because I am earning bitcoin with free but after I am doing trading with fiat, then I am starting to buy and sell bitcoin. my motivation to buying bitcoin is I really want to make money like the others and I want to buy something with the money I earn from bitcoin. I think its interesting if we can buy in lower price and sell in high price so we can make a lot of profit.



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July 24, 2017, 06:19:38 AM
 #52

Profit!

Plus I wanted to be able to diversify into online projects I liked at that point. Doing that with my CC/PP was not really something I was prepared to do.

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July 24, 2017, 06:24:42 AM
 #53

Initially it caught my attention by being on the news and the price, I had heard about it on and off but then when I saw it on the tv it pushed me to find out more about it.

Once I started looking into it I soon realised there was a whole crypto world that I was unawre of and 4 years later I am still here.
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July 24, 2017, 06:44:40 AM
 #54

I would like to find out what initially attracted community members to bitcoin.

It was last year quarter that I suddenly came to know of bitcoins, I had no clue what it was but I wanted money anyhow to earn a fitbit charge hr 2, and I jumped in and since that day I have not looked back, so for me the initial motivation was money, fitness and ya I wanted to avoid the government and it taxes so ya Bitcoin helped me a lot and that has got my fitness on superior levels and I am glad Bitcoin came into my life
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PNNV.COM Live bitcoin price monitor


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July 24, 2017, 06:46:56 AM
 #55

I just wanted to make money. That was it really. Before I got myself really introduced to bitcoin, I don't have much idea really as to what is unique and best about bitcoin. The only thing that attracted me was people who are into it are earning much from bitcoin and the price of bitcoin is growing really high very quickly.

But now that I am into this, I learned to appreciate bitcoin more than its price. But its value is still the number 1 for me.  

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.PNNV.com..>..Live BTCitcoin Monitor.
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imrich_ico
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July 24, 2017, 06:48:10 AM
 #56


Because bitcoin prices will continue to grow
Caesar-Giulius
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July 24, 2017, 06:54:47 AM
 #57

For me, the initial motivation for buying bitcoin is that it is something new that caught my attention. And after researching, I find blockchain to be a brilliant idea!

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July 24, 2017, 07:30:39 AM
 #58

I was motivated by the movement of Bitcoin, When I bought Bitcoin that time Bitcoin price was 1600$ now it is 2600$++ I almost made 1000$ profit per Bitcoin even I am not going to sell it I will hold my bitcoin for another 5 years, I am motivated by the potential of Bitcoin I do not want to be late to make the profit by Btc, It will be a big future currency, When when Btc moves up it boosts me more and I am motivated because it will make me financially more better in future.
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July 24, 2017, 07:38:45 AM
 #59

I just wanted to make money because a lot of people that keep telling me to grab the opportunity in bitcoin because of the possibilities that i can earn a lot of money from bitcoin or any cryptocurrencies because of their volatility in their prices that most of the trades took advantage of.

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July 24, 2017, 07:48:43 AM
 #60

I would like to find out what initially attracted community members to bitcoin.
The motivation that I invest in bitcoin is nothing but making money. And I think most people will have opinions like me.

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