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Author Topic: Do people actually buy coins with real life money?  (Read 3893 times)
dharnamonitor
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December 04, 2017, 01:01:09 PM
 #101

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.  Smiley

Agreed with that
 Some people who are capable of using big amount of money are actually buying bitcoins with the whole price using fiat. But most of us especially the people from third world countries started without using any real money and now they are still making a decent profit with the coins they accumulated for free.

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December 04, 2017, 01:11:30 PM
 #102

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.
You do have a serious trust on bitcoin since you did store up your coins in bitcoin than on our traditional bank which i would say you are really a risk taker but well people are different as long we can able to see on where we can possible earn either for short term or long term then we should not hesitate and must do the best as we can. Coins can be earn without necessarily for you to buy which do indeed need real life money since they do have value then expected you will able to purchase them by fiat.

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December 04, 2017, 01:16:34 PM
 #103

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

Yes,I can buy my money for bitcoin.its like an investment,in future profits it is good impact.I need to buy bitcoin because I can't wait to earn btc in campaign.but I already join in a campaign.many of us are it depends on real situation.

 So if you can't wait,buy in real money.
If you can wait,then wait it to earn btc without investment real money.
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December 04, 2017, 01:22:10 PM
 #104

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

Well based on my experience i did buy coins with my real life money. I had withdrawn my investments from the stock market and i transfer it to buy crypto currency and i am aiming for the long term goal. In a couple of months my investment already earned 50% of my total cash i used in purchasing coins that really surprise me because we cannot earn that much in a short period of time in stock market.

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December 04, 2017, 01:24:57 PM
 #105

I like to answer this question:
Yes I did (I do)

Fun.
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December 04, 2017, 01:27:07 PM
 #106

I am rich.
I used my fiat here.
It was enough (lets see if I have to add more for this experiment).
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December 04, 2017, 01:43:15 PM
 #107

most people start investing is initially they use money to buy coins to be invested. and I myself often buy coins with my salary. but before buying bitcoin and altcoin you should first understand what coin you should invest. because investing has risks.
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December 04, 2017, 01:46:33 PM
Last edit: December 04, 2017, 03:23:19 PM by malikusama
 #108

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 you got your answer when you have seen the price above $11000 now. The people are too much attracted towards this bitcoin investment because of the huge price rise during this year, so they don't want to miss the chance again. I always say that there is never too late, and yes many people including me are buying coins with real money.
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December 04, 2017, 04:34:28 PM
 #109

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

Yes, well at least I do. I always buy more Bitcoin whenever I had a spare money to invest. The price doesn't really matter. I'm investing for the long-term. I believe Bitcoin is the future, be it a future currency or future store of value, I'm sure it will be a major part of the global economy (if it hasn't already). That's why I keep accumulating despite the price skyrocketing.

But I do speculate too sometime, like when Bitcoin reaches 10K, I sold my BTC at 10k thinking it was the top LOL. Now it has rise higher and I haven't bought it back. Hope there will be a correction soon so I can get back in Embarrassed
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December 04, 2017, 04:47:53 PM
 #110

Some of the people that i know really buy coins with their real life money because they always thought that it is a great investment but most of the people that i know only work for it and they believed that it is better to work for it and do a lot of stuff so they can appreciate it more than others.



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December 04, 2017, 05:52:50 PM
 #111

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

Now the same coins are standing at the prices of ETH ~ 470 USD and the BTC ~ 11,450 USD. Now ask yourself whats wrong in buying theses coins with the real life money ! I do it always, I do that all the time even though I get enough money with the signature campaign to invest into such coins which are potential growth in short time.

This is because whatever I put from the real money is result of hard work and I will always want that money to be grown to more higher values in short time. This is the thinking of normal people and they will always follow this to keep up the investment stakes growing big with the time.

Now a days many alt coins platform are made with pre-installed api's for credit card portals so that people can invest into those coins directly hassle free and without getting into exchanger stuff before they can reach to the coin. So yeah people buy it and I do buy it too.

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December 04, 2017, 09:48:21 PM
 #112

To my own concept I don't agree to spend all the real money in bitcoin since it is a decentralized digital currency we have no guarantee .In real money we can trust the central  governing body will be protecting our hard earned money  without losing so only a certain percentage of real money to be spend to avoid great loss.

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December 04, 2017, 10:07:14 PM
 #113

There are still more rich people who yet don't know about bitcoin.So,whatever the price be,still there will be people investing in bitcoin.Also,some people who work spends around 25 to 30% of their salary every month to buy bitcoins irrespective of its price as they could not afford at once to buy a whole bitcoin.People see their future to be bright with bitcoin and so they continue to buy it and also,bitcoin has not disappointed them yet.
The movement within the price of bitcoin is given that there our people who can buy bitcoin in their given money. There our different trading that could offer a platform for people to easily buy bitcoin anytime they would need to. And we all know that in trading fees is a vita part for a good transaction because it classify the mode or how fast our transaction could be in a point of system.
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December 04, 2017, 10:07:24 PM
 #114

There are some people who are invested in bitcoin and they get money in their pocket and they are real investors, they risk their money that they can afford to loose but of course they are came from rich family because they can afford to buy expensive assets which is bitcoin.

Me i do not even buy bitcoin from my wallet, i only earn bitcoin in multiple earning method and that earning was invested in trading to increase my profit.
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December 04, 2017, 10:13:55 PM
 #115

yes of course there is many people buy coins with real life money , two month ago i invited my friend to invest real money about $6k in bitcoin when the price $3k now he owns more than $20k

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December 04, 2017, 10:22:00 PM
 #116

yes of course there is many people buy coins with real life money , two month ago i invited my friend to invest real money about $6k in bitcoin when the price $3k now he owns more than $20k
Wow that was nice your friend invested when the value is not yet taking over and he is very lucky in that occassion. Me i invest small amount of money about 1500$ but i did short term trading with altcoin luckily my capital was already enough to do regular trading because i earn good amount of profit in my 3 months in trading.
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December 04, 2017, 10:34:08 PM
 #117

yes of course there is many people buy coins with real life money , two month ago i invited my friend to invest real money about $6k in bitcoin when the price $3k now he owns more than $20k
They buying bitcoin and ethereum or any crypto currencies because they seen a better potential on it in the futire. At the same time they seen a hidden treasure where they can get through through this coins.
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December 04, 2017, 11:02:03 PM
 #118

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
For those people who are opened minded and for those accepted cryptocurrency, they are willing to buy that big amount of coins. Because they believed that investing money on cryptocurrencies are big opportunity to earned and maybe doubled their money. Mostly this people are abondant money that amount was small thing for them.
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December 04, 2017, 11:31:24 PM
 #119

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

You know, there are so many rich people who are into Bitcoin. There are so many rich investors behind crypto. They must have shelled out some significant amount of real money for their crypto investments. I for one have also bought my first Bitcoin with my real money savings. No matter how expensive it is, we still consider it worthwhile because the growth of Bitcoin is really very fast. So I don't mind releasing some amount from my pocket. 

 
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December 04, 2017, 11:46:01 PM
 #120

I did buying Crypto using fiat.
I want to buy more
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