Reasons You Shouldn't Buy Bitcoins

[ChConcept]

Well for me, one reason why you don't need to buy Bitcoin is if you are not a risk taker and if you panic easily, Bitcoin market is volatile and it is not for you. 

[dragoz11]

if you don`t have knowledge about the markets in general and crypto in specific and if you invest just because your friend made some money and you believe you will make 100k with only 100$ than you shouldn`t invest.

[popolite11]

Well for me, one reason why you don't need to buy Bitcoin is if you are not a risk taker and if you panic easily, Bitcoin market is volatile and it is not for you. 

I also think that people with the weak nervous system should stay away from Bitcoin and cryptocurrency. Those, who have been staying at this Forum and deal with the market are ready for BTC prices' changes always.

[virasog]

I think more than 90% of the people here are buying bitcoin. Why shouldn't you buy bitcoins? We are ordinary people, we have no power, we do not have a large consortium of money to invest. This may be the most suitable investment channel for ordinary people. I think we need a bit of courage to stick with it, although it has a great risk.

My government forbid bitcoin usage because it can be use for criminal attempt like money laundry, corruption,etc
That's why my people still have less interest to invest on bitcoin !

indeed if the government forbids the use of bitcoin certainly as a good citizen we must comply with government regulations.
probably because they have reasons related to criminality in the country so they forbid the use of bitcoin.but this surely really a disadvantage for bitcoin users in that country

Bitcoin is risky for everyone. You can lose your money, only if you don't work with honesty and show indolence. There's some scammer waiting for you. They can scam your money by ditching you. If you work with patient, being smart, and take your full concentrate you can't lose your money.
Be careful, work hard and with care and you're good to go.

[organelles]

 A decision of whether to buy BTC or not should be made independently, just like any other investment decision, crypto is a a very high risk business but i don't see any reason as to why one shouldn't buy BTC especially if they are fully aware of what they are getting into.

[leavefifa]

The only reason we do not buy Bitcoin is that we think Bitcoin will drop in the near future. But I think this is a problem for people who are trading Bitcoins. I will invest in Bitcoin, so I will work hard to get enough Bitcoin. According to the positive information from the US tax season, Bitcoin prices in the coming time can grow slowly. Consider making the right decision.

[Siren]

Im sorry but i find no reason why I shouldn't invest in bitcoin,because my positive position in cryptocurrency specially in bitcoin is always indeed..when i get into investments my focus is for profits not for losses so i dont really consider the negatives,though ofcourse we cant control or dictate what will happen tomorrow still the good thing is what i am expecting in this way i become stable in this community for year and i will continue this as long as im gaining and having earning with it

[CryptoMoar]

Right now I have some coin assets. I'm not just focusing on bitcoins because bitcoin prices are so expensive that I invest in a variety of coins. so I can trade on various coins and increase my chances of earning bigger profits.

[david_019]

Why should you not invest in bitcoins, cryptocurrencies?
Is there any valid reason to stay away from cryptocurrencies?
I think it is good to have some discussion here for our kind information.

When there is something that that is not a compulsory to anyone but a free to choose or reject that then every reason is found only from each individual and that is what bitcoin is. Bitcoin is the very best thing that is created in our times but like the others it has also disadvantages. So that disadvantages will let someone to decide whether he/she will participate or not.

[Fulmand]

Yes there's a lot of reasons why you shouldn't buy bitcoin and that includes:

1. The bitcoin/cryptocurrency is ban in your country.
2. You don't have any capital/investment money to buy bitcoin or other cryptocurrency.
3. You don't believe that it is legit because most of the cryptos becomes a scam.
4. You don't have enough knowledge about cryptocurrency.
5. You shouldn't buy bitcoins because you can earn it thorough works.
6. The value of bitcoin is high and you're waiting for the right time.

We do have different reasons why we shouldn't buy bitcoin and cryptocurrency but most of us decides to trust bitcoin/atlcoins and face take the risk in order to earn money.

Yes, but basically you will not buy bitcoin if you dont understand what this investment is all about. Money comes after. Because i believe that if there is a WILL there is always a way. Once we can understand the risks and the benefits as well, then by that time it is easier to buy a bitcoin investment. I believe that in every investment there is always a corresponding risks but as human as we are we will always try to find a better and greener pasture and I believe that with bitcoin there is a greater chance to live a better and greener lifestyle. So all in all if you don't want that easier and happier life then you should'nt buy bitcoin.

[michellee]

Im sorry but i find no reason why I shouldn't invest in bitcoin,because my positive position in cryptocurrency specially in bitcoin is always indeed..when i get into investments my focus is for profits not for losses so i dont really consider the negatives,though ofcourse we cant control or dictate what will happen tomorrow still the good thing is what i am expecting in this way i become stable in this community for year and i will continue this as long as im gaining and having earning with it

I don't have any reason to not buy bitcoin right now because, for me, I see my chance to make money from bitcoin especially if the price can go up and down too often with a big gap price in a buy order and sell order so I can take more profit. besides buying and selling bitcoin, I also use bitcoin for my investment and I keep saving more bitcoin for my future and I can buy something from bitcoin. I don't think that the volatility bitcoin is bad for me because as long as I can use the gap price, I can take more and more profit.

[KingFisher9]

The only reason you shouldn't buy bitcoin is if you have a weak heart and can't watch the way you see your coin dumping and pumping again unless so , I won't even advice my enemy not to buy BTC for any reason what so ever,  bitcoin has a bright future in which we have seen just a fragment of it over it's 9 years now of its operations. Everyone needs to buy bitcoin now before its too late.

[LSt56]

Like other businesses,bitcoin has its own risk which is price dropping drastically or having your money stolen, apart from these two reasons bitcoin is a nice investment.

I agree with you, because behind the big profits there will certainly be risks that must be faced. but if we do it right and be more careful then we will not lose.

[ntodntodan69]

you should know that bitcoin and crypto currency have a very strong linkage, because bitcoin is one of crypto currency types. therefore your topic above shows that the tone needs to learn more for bitcoin and other crypto currencies

[okour999]

so other people who do not buy bitcoin are because of the new price or quick downs and the rise of the price but the only thing we can do is hold the bitcoin for a few years or so we just wait for the rise bitcoin hold only our bitcoin hold

[jaocoincrypto18]

Why should you not invest in bitcoins, cryptocurrencies?
Is there any valid reason to stay away from cryptocurrencies?
I think it is good to have some discussion here for our kind information.

The most powerful reasons to stay away of these invesments is because the price is fluctuating, volatile and really unpredictable in which it is very risky for an investment but if you want to earn big amount then you need to face the great risk and to sustain it just like no pain no gain rules. The other option is to invest only what you can afford to lose.

[mustafizur8400]

I think if you are not in a position in terms of you family background, age, financial solvency then you shouldn't risk your life buying btc. I think risk taking ability differs from person to person which should be considered first before making any investment.

[lelahkenabanned]

Why should you not invest in bitcoins, cryptocurrencies?
Is there any valid reason to stay away from cryptocurrencies?
I think it is good to have some discussion here for our kind information.

the main reason I buy bitcoin is that I see from the advantages of having bitcoin, by having bitcoin whose availability is currently very limited making the price more expensive and when you play altcoin using bitcoin and bitcoin you will be easy to grow to very much.

[victoryana]

There is no reason for me not to buy bitcoin when I do not have the money to buy, so if you have money you should buy bitcoin just like me then you will have the things you want like car home

[virasog]

Why should you not invest in bitcoins, cryptocurrencies?
Is there any valid reason to stay away from cryptocurrencies?
I think it is good to have some discussion here for our kind information.

There's many reason why you should not buy bitcoins. First and valid reason are do not accept buy if you're newbie and just step in. Better to learn and increase your experience learn what is block chain & how it work. You can't risk your money in bitcoin if you have zero experience. Bitcoin is the most risky business for investor and maybe in the top of the list. Always look the price and and use your mind while investing.