Do people actually buy coins with real life money?

[n691309]

Yes most of the millionaires these days are doing trade in such way that they buy bitcoins with real life money and when it seems that the price goes high then they sold it out with handsome amount of return.

Funny enough, choosing cheaper coins may not really be that helpful as it is a whole lot more risky and may not even give you what you want compared to what bitcoin will give you if you decide to put the same amount you bought into bitcoin.

$5 of bitcoin early this year would have been worth $40 or more by now which is something everyone should note that, you do not have to buy as much as 1BTC before you get in and you have chances of bitcoin to keep growing largely than any other altcoin which you are not even sure of.

[Rajamuda]

For me no, I just earn bitcoin in various ways that can be done, and buy some altcoins with bitcoin that I have.
I think for people who have a lot of money, this is not be a problem I guess, in a strong intention or a steady of plan.. it certainly will be close to a success, especially on investing. In addition, I think Eth and Btc indeed obviously it can provide a profit opportunity on investing.

[wuvdoll]

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

Why won't people buy ? How do you think the market cap is increasing daily ? The thing is that we tend to look at the full line and then decide not to always read in between the lines. The fact remains that some smart people who do not have enough cash to buy as much as 1 BTC can just decide to buy what they can afford to buy and leave it to grow.

Mistakes most people are making are that they keep looking at the big one, when the little one can even grow as well. A time will come when people would wish they have 0.01 BTC as that will be a whole lot of money.

[Coffee2015]

I bought Bitcoin with real money, real USD.

I still buy cryto using fiat now.
I accumulate them.

[Rggadi]

i hope i have real money , then i will spend all investing cryptocurrency

[NeuroticFish]

Now I have more means to earn Bitcoin, so I don't really buy anymore. But I've bought when it was under 1000$, although back then people were asking the same question "isn't Bitcoin too expensive to buy?".
It's always too expensive if you don't afford to put away some money for investing. If you afford to join this, keeping in mind that Bitcoin was always said to be a "high risk investment", it's not too expensive, given the promised return (some say it'll reach 1 million USD in some years).

And you don't have to buy an entire Bitcoin. 0.1BTC or even 0.01BTC is also not so bad.

[chrismartin]

It is possible that people buy coins with real money when he or she is only just starting a trading,  we must have an profit before entering into trading. But some people dont use real money to start it.  Many some of them there money came from campaign which is their salary.

[Pamadar]

same with many, I also earned btc with doing some work inside this forum and some other things outside, I guess I can't buy those coins when the value is that really high using my own money, but there's some people or investors that really doing it, they've got enough information and study properly before investing their hard earned cash.

[gabmen]

same with many, I also earned btc with doing some work inside this forum and some other things outside, I guess I can't buy those coins when the value is that really high using my own money, but there's some people or investors that really doing it, they've got enough information and study properly before investing their hard earned cash.

Well if you think about the returns, you really wouldn't mind whether its currently at a high price or not. There's a lot of promise around bitcoin and its not a bad idea to invest now. Though there probably are going to be a few corrections so if you're observant enough, you may be able to buy at a lower price

[slashz9]

it depends on each person of course for people who do not know about cripto they would think it is too horrible to buy digital money using real money, but not for traders who have long known the business instead they tend to spend more than you mentioned earlier.

[ahtremblay]

It depends, if they really believe in cryptocurrency, they will invest in Bitcoin and Ethereum. If not, they wont. But in my opinion, If they wont invest in Bitcoin, they will have a big mistake in their life

[Fazlurkhan.kz]

There are many investors out there who strongly believe and have faith in the cryptocurrency and also believe that it's a revolutionary technology and the technology of the future and cryptocurrency are the future money. So they definitely do buy these COINS with REAL MONEY. And there are some people who trade things with crypto coins and i think that is a very great exchange. As there is a fixed price to things. But the value of coin is not fixed, which is a bit risky, but still if you accept a good coin and hold it for  some time then chances are that you'll make a good profit!

[tiggytomb]

They must do otherwise how would there be a market   You will have people that can buy a whole bitcoin at the drop of a hat and then others that might have been putting in the odd $20 or $50 dollars here and there, and hopefully at some point those that were putting in the $20 will get to the level where they can drop bitcoins one at a time.

[Coin12]

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

If not from real life like from salary so where is the money coming from?
The only way maybe waiting for income coming from bounty or other campaign.
But mostly people put their real life money to buy bitcoin like me.

[sabrikks]

of course they do, at least i know i do  every month i use portion of my salary to buy altcoins and holding them to sell at the right moment and invest i new ones that i think it will do good

[Muzika]

Yes of course like me if i had a chance way back ill buy bitcoin from my money in my pocket , one of the main reason is that bitcoin is a good investment if you can imagine if you invest a little money way back 2011 you will be going to earn x20 plus of your initial investment.

[01asd]

Yes of course like me if i had a chance way back ill buy bitcoin from my money in my pocket , one of the main reason is that bitcoin is a good investment if you can imagine if you invest a little money way back 2011 you will be going to earn x20 plus of your initial investment.

Of course people will buy with real money, hahaha. The rich will not hesitate to buy cryptocurrency. But the poor and the middle class may be hesitant to buy cryptocurrency and prefer to work collecting cryptocurrency. There are various easy jobs to get cryptocurrency, let's call it Bitcoin. I myself come from a simple family and I always collect Bitcoin. I invested in Bitcoin in order to make my family happy and make my family life prosperous. I'm going to save Bitcoin for a long time, and I'll sell Bitcoin when the price has jumped dramatically.

[@ngelcryptopia]

yes, that is how everyone started isnt it. I know of people who invest regularly with their savings, just like regular savings plan. also people who invested with real cash, when prices rise, take out capital and just let the profit roll. with so many coins around, only invest in those with good tract records though.

[Kr-sama]

yes, that is how everyone started isnt it. I know of people who invest regularly with their savings, just like regular savings plan. also people who invested with real cash, when prices rise, take out capital and just let the profit roll. with so many coins around, only invest in those with good tract records though.

Not everyone started using fiat money to have bitcoins. I for example, started with no capital at all. I didn't even invest my money to bitcoins. I just started by joining bounty campaigns here on this forum and then I just convert those tokens into bitcoins. That's how I got my bitcoins. 

[rocketbits]

There are many people who buy bitcoin and ethereum with this kind of price. It depends on the capital of user or a trader. It is not for all classes people. Some people have taken it their own business.

I have started crypto by purchasing it real life, I remember alloting my allowance to put some btc in my wallet before, Every newbie whose eager to earn will use their money at first and will find a way how to earn more of it.

since I'm a beginner, I doubted my abilities in the field of cryptography. Therefore, I did not buy crypto currency for real money, but decided to initially earn a signature company. This is how I earned my first crypto currency and already went to the grass market to earn Bitcoin. For me it turned out to be a more profitable and affordable method.

One way or the other, except for those who do not really have many bucks to spare and feel that earning is the only way they can get much, and then I would say most people have really bought. In as much as I do a lot to earn passively, I still put aside some huge percentage of my salary into bitcoin as savings as I see it more as a better saving ground than a bank right now even if one won't have to take a huge risk to go all in. I do not have to buy 1BTC like OP mentioned before I end up buying.