Why people are still buying Bitcoin?

[paulk11087]

People are investing in their future. The only hope of most people is to live richly and richly from bitcoin.

[DimensionsOfHell]

The company LendEDU shared the results of studies on the current mood and expectations of Bitcoin owners. In the survey LendEDU was attended by 564 US residents who bought bitcoins. Of these, almost 40% said they invested in bitcoin, because they consider it to be "a technology that changes the world." 21% of respondents bought bitcoins, since this is a "long-term value depository, like gold and silver," and 15% bought crypto currency on the recommendation of a friend or a close person. At the same time, 14% of respondents bought BTC, because the price was "too low", and only 8% planned to use it as a means of payment.

[automail]

If you truly understand bitcoin, you will definitely invest on it. Its not a question of "why" the question should be how much we are willing to spend on bitcoin investment. Almost everyone are expecting bitcoin to increase this coming December. The price today is what majority of us are waiting for. Buying bitcoin at a low price lowers the risk of losing money and increasing the probability of earn. Just do the math and you'll know.

[azisdoank]

well i think still believes that Bitcoin can provide benefits in a short time. Having Bitcoin can make us a very lucky person. Bitcoin can give a person's life change from nothing to being there, from not having got to be and from zero to hero and Bitcoin price is going to high and high in the recent year. There are many more reason to buy bitcoin now. Bitcoin is more safe then any others currency. It is going to high and high its price. Bitcoin change many peoples life,They believe that if they continue to hold Bitcoin, they will gain huge profits and even they will become rich

[coinnumber]

People are still buying bitcoin because the rate at which crypto enthusiasts talks about the increase of it price in the nearest future. It will be a big advantage to those who buy it now if by next two to three years it gets to $20k so I will advice you to go with the moving train don't be left behind because delay is dangerous.

[lelylely]

If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

Because bitcoin can provide very high profits, the potential for bitcoin price increases is the opportunity to make a profit. Buying it cheap and selling it at a high price is a very attractive advantage.

[adzino]

If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

You can still invest $400 and $800 on bitcoin to by fractions of it. You will still get the same profit you would have gotten before. If you still want to buy whole coin other than fractions of bitcoin, invest on other undervalued cheap coins. You can't transact Gold or Silver from one part of the world to another, can you? Can you buy online stuffs with gold/silver?

[crypto002]

People buy bitcoin because some people wants to earn from bitcoin they see as investment plan. There some who loves technology behind bitcoin they are more interested in blockcahin technology rather than investment plan.

[fipper]

If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.

Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.

if your calculations are indeed investors will experience losses if you buy bitcoin but why are still many investors who are interested to invest with bitcoin and I often hear many successful and successful investors in investing with bitcoin

[Hellokitty09]

Bitcoin has already shown good results and made a profit to its investors. Therefore, people still invest money in it, because you can still make good money on bitcoin. I think the same thing awaits us in the future, since I am sure that the cryptocurrencies will only become more popular.

People buy bitcoins as there is good potential for the bitcoins in the crypto market to increase its prices due to the demand and supply of bitcoins in the crypto world, every day new users are entering the bitcoin community making it more demand which ultimately causes in the rise in price of bitcoins. Early investors of bitcoins are millionaires of today making bitcoins a investment asset which can alter the lives of the users and improve the economic and financial conditions of the world. Good experts and investors of bitcoins are saying that the prices could reach $ 30000 USD soon.

[x xurtjati]

people will also think if they want to buy bitcoin, they also do not buy, but they also have to see the current prices, those who buy bitcoin want to make a profit, and I am sure bitcoin price in the future can bring benefits for those who buy bitcoin, so in my opinion, what they decide to buy bitcoin is not a wrong decision, bitcoin is great for the future.

[arguelles84]

What is now known for certain is that the people who bought bitcoin at its peak are now very disappointed, if to speak gently. There are a lot of stories in the media about how philistines took out loans and sold real estate in order to invest in crypto-currencies - and eventually lose. Some believe that the apocalypse is already here.

[cizatext]

This you analysis can only work for a centralized system and commodity such as gold silver and the rest but not bitcoin, because since bitcoin is decentralized it future is hard to predict and at that bitcoin can rise to any amount within  a short time. Bitcoin will rise in price very soon and it can not be compared to gold in any way even with it volatility bitcoin is the deal.

[susuberuang]

it seems that bitcoin still has a lot of buyers and still buy bitcoin because I see bitcoin has a very good potential and not only that bitcoin also has a very limited total supply that makes bitcoin can be very expensive and useful for people.

[sonluxx]

I think most of the people want to make quick money on bitcoin fluctuations. Also, it's decentralized crypto.

[putra daerah]

because bitcoin is a digital currency that has a very rapid development, and so good to be made land for investment business.
especially with the current market price growth is very good, can provide huge profits.

[HelenS]

Cause they know that this is not the end but the beginning of BTC era.

[tawfiquecse]

People are still buying bitcoin because Bitcoin's popularity is increasing day by day. And now Bitcoin prices are very low. And it's a great opportunity for us. Because Bitcoin prices will increase very quickly. Then we will not have the opportunity to buy. Its a great investment for all of us. Many people are become rich by it. That's why people are buying Bitcoin.

[Blessed J]

People are buying bitcoin because they trust in it. Those who really believe in the future of bitcoin are not ready to sell it anytime soon for few profits buy they plans to keep it in the long term and make much profit from it. As bitcoin continuously becomes popular,  there will be a time that bitcoin price will surge so higher and so these times are the best times to buy more and hold.

[military]

people keep buying bitcoin at this time because bitcoin has the potential to go up further. especially those that encourage people to still buy bitcoin today because the price is down. bitcoin has a bright future therefore people always expect success from bitcoin.