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Author Topic: Do people actually buy coins with real life money?  (Read 3244 times)
djkyno
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April 19, 2018, 01:36:42 PM
 #441

Yes there is so many people buying crypto currencies (coins and tokens) with real life money, because they believe it is very profitable investment especially in the long run.
Usually most people invest the amounts which they afford to lose, but there is also some others spending their savings in buying coins, with the hope that their prices will go up soon.

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April 19, 2018, 02:26:40 PM
 #442

Yes there is so many people buying crypto currencies (coins and tokens) with real life money, because they believe it is very profitable investment especially in the long run.
Usually most people invest the amounts which they afford to lose, but there is also some others spending their savings in buying coins, with the hope that their prices will go up soon.
Some people save some money just to buy a potential coin because of the great exchange of profit especially when we took a long term investment. Other people uses their salaries or wages just to involve on crypto world to gain enormous profit. The money matter a lot ,in order to prevent losses think wisely and presence of mind as always.
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April 19, 2018, 03:09:24 PM
 #443

Some friends of mine do this. Of course, when the market fell, it was painful for them to convert their losses into the USD... But still there are hopes that the investment was not for nothing.

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April 19, 2018, 03:21:17 PM
 #444

Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC

Most people here for a couple of weeks majority of them are busy on buying altcoins because there many got red in the market in terms of their value and now since that bull run is closely coming many are excited for that moment I think.

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April 19, 2018, 03:24:57 PM
 #445

Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC

When i bought ethereum last year i bought it using USD.  I dont think the prices are too much because you dont have to buy a full coin.  You can buy very small fractions of a coin meaning investing in them should be accessible to everyone.  With that being said i dont think investing a small amount of money will get you anywhere so an invest might as well put in a decent amount of capital.

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April 19, 2018, 04:42:39 PM
 #446

Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC

I think its not necessary to buy the whole bitcoin or whole ethereum. You can buy coins at a smaller fraction depending on your budget for investment. You can only buy worth 2000$ of bitcoin which is .3 btc something. Like me, i also buy bitcoin using my extra allowance even though i can only buy a few coins

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April 19, 2018, 08:06:24 PM
 #447

At my first days here I didn't spend any amount, but as time goes by and I wanted to have more bitcoin (especially today that bitcoin is cheap) I buy bitcoin every time I have some excess money. To prepare for the next great years.
What do you mean with real life money? Of course they do buy with the money they have saved for investment and future use. The money just stays there and do not go somewhere else. There are few who gamble and they just want the luck to play for them. They invest with the easy money they earn but that is also real life money. Whatever the money is, investing in the technology with knowledge pays off.

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April 20, 2018, 06:40:40 AM
 #448

Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC
Yeah , this is a big truth that people are making earnings from Investment and also lossing by Thier own mistake to take descion at bad timing , But here often I seen that most of the people who are much Rich are making buy and sell of the coins in the offline i.e direct cash to coin deals .
Here I am a trader and doing trading with Fiat since 2014 , and daily 2-3 buyers are coming to buy etherium and bitcoin like big big coins with cash in bulk amount and few of are making buy with the direct payment in bank account also .
So here it would not be a type of strange thing that they buy bitcoin in cash money directly .

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April 20, 2018, 07:37:14 AM
 #449

I think if you invest, you need to convert money into coins. Unless you do the job of making a bit of bitcoin. To answer this question, we need to transform our capital into investment.
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April 20, 2018, 08:03:34 AM
 #450

Of course, what do you think are investors using to pay for the cryptocurrencies they are buying?

And yes, no matter how the price spiked up last year, prospective investors then still are willing to part with their dollars in exchange of cryptocurrencies, and surely they did not regret doing so due to the peak it reached last year UNLESS they did not cash out at such time and are now facing a level of crises. But you know, nothing is really won and lost unless you decide to withdraw your money and realize the same. If not, all things are just afloat and are subject to contingencies at a later time.
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April 20, 2018, 10:31:10 AM
 #451

I'm one of those people. I used all my wages to invest in this market. Currently I do not know where my money is located in this world. But I still invest because I have confidence in this market.
This question is seriously so silly. Everyone buy bitcoins and other cryptocurrencies from real money. No body have seen a bitcoin till now because they are totally virtual and can’t be seen. So definitely one must have fiat money in his pocket who have been utilized in the bank to buy this big bitcoins. And you are going so amazing that your confidence in the bitcoins are determined, keep it up.
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April 20, 2018, 10:42:44 AM
 #452

Yes that is absolutely true because, the monetary value that they used in all kinds of trasactions in this particular matter is also a local currencies of different nations in the whole world.

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April 20, 2018, 01:15:47 PM
 #453

Of course they do. How else can new money enter the market. There are still a lot of new players who are buying / still have to buy their first coins with fiat.
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April 20, 2018, 02:31:48 PM
 #454

At my first days here I didn't spend any amount, but as time goes by and I wanted to have more bitcoin (especially today that bitcoin is cheap) I buy bitcoin every time I have some excess money. To prepare for the next great years.
What do you mean with real life money? Of course they do buy with the money they have saved for investment and future use. The money just stays there and do not go somewhere else. There are few who gamble and they just want the luck to play for them. They invest with the easy money they earn but that is also real life money. Whatever the money is, investing in the technology with knowledge pays off.

I somehow agreed to what you just said. But. It doesnt really relate to what i just said. And yes, i agree that with little money you can make it big by buying some investments on potetial ICOs.


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April 22, 2018, 09:56:50 AM
 #455

Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC
I'm confused by your question, but many people make Bitcoin buy their money, because many investors want to invest in cryptocurrency, because they want to grow their investment, it's a good one Bitcoin to do investment.
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April 22, 2018, 05:30:25 PM
 #456

Yes, as far as I know the company of different digital currencies or ICO companies in the whole industry accept the local currency as a medium for their transactions and exchange.
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April 22, 2018, 10:29:33 PM
 #457

Now when BC is sky high and ETH also pretty high. DO people even give their real money for those currencies. I mean give 300$ for 1ETH or 6000$ for 1BC is too much for most people.
I mean how often do people buy crypto currency like ETH and BC
We are different people here with different aspects in life specially on crypto.. Investing on one coin is purely depend on investors itself if he or she puts all big amount of money on it its non of our business at all.. The current price of btc now and eth are still not that high so it is wise to. Invest on it while you can then see the fruit in a few months or later .. Even it takes big amount its the profit that you will get that counts here for these two crypto are both for long term investment.. So if you are risky enough you can also keep some eth and btc now.

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April 22, 2018, 10:49:53 PM
 #458

The answer is yes. There are a lot of them that buy bitcoin and other altcoins with their own money. Most of then invest only on a long term goal because i think a lot of them have own work and sometimes they can't do day trading. I myself is buying with my own money now because i think this is a good opportunity to earn but my target is for long term.

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April 23, 2018, 07:00:33 AM
 #459

Some friends of mine do this. Of course, when the market fell, it was painful for them to convert their losses into the USD... But still there are hopes that the investment was not for nothing.
They have really done very wrong by selling off their coins when the prices were lower than their investments. They should have displayed a great deal of patience and interest in the recovery of prices for earning some good amount of profit from their coins. I hope they have learned a good lesson from their own mistakes and from now onwards, they would invest with a mindset of earning than going in losses.

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April 23, 2018, 07:39:14 AM
 #460

dont be stuck by those prices! I have tons of friends that are not getting into crypto because of those prices!

but u have to think bigger and understand the tech behind it, only this way u will be able to thrive with the BIGGEST opportunity of our lifetime!

so buy a small piece of ETH or BTC and the convert into smaller more profitable projects!

and always do ur own research!

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