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Author Topic: What Motivates you to Invest in Cryptocurrency?  (Read 39381 times)
imadmirer (OP)
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July 02, 2018, 06:33:28 PM
 #1

Honestly, many people seek cryptocurrency more because of its volatility. Whether they do it consciously or not, they wish to make large money quickly. This can happen only with a volatile market. Further, we find a lot of newbies even in this forum feeling bad that they lost money or they could not make money as value of BTC has not risen much especially with the expectations being high after the 2017 last quarter. Seeking such profits is not bad but before investing I feel there is a need to prioritize the needs that could be fulfilled with such an investment as BTC especially if you are looking to make money soon rather than keep BTC as a long term investment.

This very motivation and idea behind the investment will speak volumes on the reaction of the investors once the market is down. Strangely, many people do not sell when the market price is high and even when their purpose of investment will get fulfilled. They wait for the price to soar even higher. And if the value starts trickling down, they still hodl and wait for the price to move beyond the point where it had last peaked high. But again, when the market is in a steep downfall, instead of buying, many people will start panic selling and end up in loses. Many a time we find this even in the new threads and discussions even within our forum.

So what it is that makes you invest in crypto? Is it because it caught your fancy? Is it the volatility? Is it because there is a need to fulfil in your life? IS it because you are a day-trader? Or is it fun?
qwertyup23
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July 02, 2018, 06:53:35 PM
 #2

Personally, the blockchain technology has unlimited use for security into transactions and it may shape the modern transaction of payments in the future once countries start to accept the legalization of bitcoin. What makes bitcoin distinct from fiat is the blockchain technology that is powered under the current platform as it provides SECURITY and TRUST among its users compared to our current system of payment (which revolves around an agent or an intermediary).

In an investment perspective, bitcoin's volatile price makes it the perfect vessel for either short or long-term investment depending upon the circumstances happening in the market. There are a lot of cases wherein its price skyrocketed 1-2 months after they purchased at the date. Depending upon the goal of an investor, he/she has the potential of yielding large amounts of profit in a relatively shorter amount of time compared to other investment mechanisms present in our current world.

R


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Traderbtcc
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July 02, 2018, 07:19:02 PM
 #3

Like everyone else, I'm in Crypto for two major things, To make money and benefit from the innovative technology. (Making money is actually one of the perks for being an investor of blockchain any way). So I was drawn to Cryptocurrencies for those two major reasons. The fact that I am one of the very few people who is part of the next financial evolution is thrilling for me. And I make money while at it. That has been my motivation thus far.

Marcel555
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July 02, 2018, 07:24:17 PM
 #4

I was initially drawn to cryptocurrency by the hype i5 got late 2017, and the promise of much wealth with little investments.

After learning the pros and cons of blockchain technology (to the extent I have).
And its endless possibilities and application in pretty much every sphere of business and how this tech olofy can revolutionize transaction process as we know it
And of course the potential for earning big (the main goal) mad possible by the volatile nature of cryptocurrency.
I have been motivated to expand my knowledge and improve my skills, to better position myself for the future blockchain technology heralds.
matthewoz101
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July 02, 2018, 07:30:06 PM
 #5

I invest in cryptocurrency and trade cryptocurrency because I believe I won't lose in the long term. I can only gain because of what the new technology has to offer. I was too young to know about investing in domains, but now that blockchain is here and is here to stay, I'm confident in my cryptocurrency investments.
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July 02, 2018, 07:36:54 PM
 #6

Honestly I invest because I want to make money and see the potential. I trade because it is like a game and you can practice to get better. The time you invest will be worth it, it is like studying.
Mahanton
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July 02, 2018, 07:40:13 PM
 #7

So what it is that makes you invest in crypto? Is it because it caught your fancy? Is it the volatility? Is it because there is a need to fulfil in your life? IS it because you are a day-trader? Or is it fun?
No one in this volatile market of crypto do make investment just for the sake of fun.I would rather believe that most people on here do have the same motive why we are here which is "MONEY" or profits where we can able to achieve a financial free life we do wish for.I do strongly believe on that thing and comparing to those who believe on crypto tech then i would say it would be less but in general means this innovation do really gives convenience on our daily lives at the same time it do have money making opportunity.


R


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July 02, 2018, 07:46:18 PM
 #8

I really believe in cryptocurrency's world.
I think cryptos will replace FIAT in few years. It will be an hard trip and fll of problems, but there is no sense to continue with a government-centralized currency. that's why I'm motivated to invest into cryptos, and I don't care about crypto fluctuations. I just HOLD, the time will come..
emberbekas
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July 02, 2018, 07:50:38 PM
 #9

That volatility makes me curious and hope by investing in it I will get more profits in the next few years. When I first discovered bitcoin, it cost under $ 500. What if I invest in bitcoin at that time. Unfortunately, I am not! Now, I don't want to miss such good opportunity again.

Reid
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July 02, 2018, 07:56:13 PM
 #10

Bitcoin was not made for that.
It is just that they already thought it could be something like an investment.
If it is their lost then it is their fault for withdrawal in an early stage. Bitcoin will be more valuable but it has to wait.
Looking at how the world will change in technology bitcoin will be there and will get a lot of usage.
Just now, online stores are getting higher in amount and their payment methods will change in the future.
Faster and more secured. Once they seek for that then it will be bitcoin at the front line.
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July 02, 2018, 08:03:07 PM
 #11

I really believe in cryptocurrency's world.
I think cryptos will replace FIAT in few years. It will be an hard trip and fll of problems, but there is no sense to continue with a government-centralized currency. that's why I'm motivated to invest into cryptos, and I don't care about crypto fluctuations. I just HOLD, the time will come..

It is OK to believe in Crypto but I do not think it will replace fiat ever. Fluctuation is the nature of crypto, this is the main reason why crypto cant replace fiat. But if you do not care about the fluctuations then how will you make profit? HODL till the time is come? No specific target of profit or how long you'll hold?

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MiiDoViic
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July 02, 2018, 08:20:49 PM
 #12

I really believe in cryptocurrency's world.
I think cryptos will replace FIAT in few years. It will be an hard trip and fll of problems, but there is no sense to continue with a government-centralized currency. that's why I'm motivated to invest into cryptos, and I don't care about crypto fluctuations. I just HOLD, the time will come..

It is OK to believe in Crypto but I do not think it will replace fiat ever. Fluctuation is the nature of crypto, this is the main reason why crypto cant replace fiat. But if you do not care about the fluctuations then how will you make profit? HODL till the time is come? No specific target of profit or how long you'll hold?
Govs will never let that happen . Unless they are the ones in full control of the crypto market then don't dream of it. However , there's no doubt that crypto still has a long way to go as assets and securities , this is only the beginning of something big. That's why i chose to enter this word . It's full of opportunities and it really helped me get out of a tough spot in my life.
Shenzou
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July 02, 2018, 08:32:11 PM
 #13

Probably what motivates me the most is money, but also i invest in cryptocurrency because i think it is the future and because after knowing and learning more about it and what it was created for and how fiat is corrupted and has no value only because governments said it does because they have the power, i loved it even more and i really want it to be what people use in the future, and also because it brings people all over the world closer than ever and makes transactions overseas that would take days weeks or even months to be instant.
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July 02, 2018, 11:42:04 PM
 #14

Investing in the crypto currency for me is an investment in the future. I strongly believe in BlockChain technology and crypto currency, and I believe that these technologies will make our world more productive.
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July 02, 2018, 11:57:13 PM
 #15

Being a long term user has benefitted through cryptocurrency. Also I have come seen the true reality of bitcoin crossing several statements that were revealed to make it fall. At times it has fallen much low, further realized the true meaning of bitcoin which is the root for making investments into bitcoin.

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July 03, 2018, 12:26:39 AM
 #16

because investing in the crypto is not on the limit and its profit is not in the limit, we can achieve profit according to our capital. in addition to investing in crtypto not too difficult and can be very fast.
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July 03, 2018, 01:07:02 AM
 #17

Honestly, many people seek cryptocurrency more because of its volatility. Whether they do it consciously or not, they wish to make large money quickly. This can happen only with a volatile market. Further, we find a lot of newbies even in this forum feeling bad that they lost money or they could not make money as value of BTC has not risen much especially with the expectations being high after the 2017 last quarter. Seeking such profits is not bad but before investing I feel there is a need to prioritize the needs that could be fulfilled with such an investment as BTC especially if you are looking to make money soon rather than keep BTC as a long term investment.

This very motivation and idea behind the investment will speak volumes on the reaction of the investors once the market is down. Strangely, many people do not sell when the market price is high and even when their purpose of investment will get fulfilled. They wait for the price to soar even higher. And if the value starts trickling down, they still hodl and wait for the price to move beyond the point where it had last peaked high. But again, when the market is in a steep downfall, instead of buying, many people will start panic selling and end up in loses. Many a time we find this even in the new threads and discussions even within our forum.

So what it is that makes you invest in crypto? Is it because it caught your fancy? Is it the volatility? Is it because there is a need to fulfil in your life? IS it because you are a day-trader? Or is it fun?

there are reasons why you're here in cryptocurrency, for my cause is to make money and to learn how to earn money and of course to help my family get financially
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July 03, 2018, 01:38:25 AM
 #18

The biggest motivation is of course the goals set and basically the implementation of many of them depends on the amount of money, so there is a desire to invest, create a source of income and as already shown by crypto-currencies, they give good interest. And in order to competently perform all this, you need reliable and timely information that the platform Trade.io can give  Smiley
HatakeKakashi
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July 03, 2018, 02:59:08 AM
 #19

Motivates me to invest in cryptocurrency because if i invest of this kind of investment my money possible to become higher or it will grow because I believe cryptocurrency is the best online business and I think if you choose crypto you will earn a lot of money and possible you become a rich after few years of holding a coins.

 
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July 03, 2018, 03:13:33 AM
 #20

What motivates me to invest in electronic money is that I love technology as well as my favorite digital money. I want to be profitable. I want myself to have more money so I have invested in the market. bitcoin field
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