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Author Topic: Why I am buying bitcoins - and why I am keeping them.  (Read 43073 times)
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September 01, 2018, 02:36:15 PM
 #81

You are not alone op because most of us ( including me ) are also buying a bitcoin and at the same time we are also keeping them .

 i keep my bitcoin inside my bitcoin wallet ( which is blockchain ) and i dont use it not even for paying or trading because my goal is to see if bitcoin can really reach its full potential .

not the same as last year's ath but i need to see more of it .

im not really itchy about profits , so i guess holding is really my pasion .
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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September 01, 2018, 04:59:02 PM
 #82

You are not alone op because most of us ( including me ) are also buying a bitcoin and at the same time we are also keeping them .

 i keep my bitcoin inside my bitcoin wallet ( which is blockchain ) and i dont use it not even for paying or trading because my goal is to see if bitcoin can really reach its full potential .

not the same as last year's ath but i need to see more of it .

im not really itchy about profits , so i guess holding is really my pasion .
Just a friendly advise.Im not really against into web wallets but it would be more secured if you do stored up your bitcoin either on electrum or hardware walllets since you are still planning to hold it for long term.
Im not really having much trust into those kind of wallets that youve been used but somehow this would be good for micro transactions but storing for long term and having big amounts would be an another story.

R


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September 02, 2018, 01:43:13 PM
 #83

Many of us have a very clear vision of why we are buying bitcoin and keeping it, what sometimes surprises me is why most people do not see this? I always hear people complaining about the economy, so they have an idea of what it is happening, and yet I never seen them taking action about it, they never try to do something different, they keep complaining and they will complain until the economy sinks while we will survive that event thanks to bitcoin.
I would not say many because from just this forum alone, the clear goal and definition some newbie investors have is to quickly get rich and have no other single or technical idea why they are investing in the first place.
This is the main reason why focusing on the future is definitely going to be hard for some as long as they keep having that get rich quick mindset when it comes to bitcoin and this market as a whole and one reason why they will  never stop whining and complaining.

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September 02, 2018, 05:15:32 PM
 #84

Many of us have a very clear vision of why we are buying bitcoin and keeping it, what sometimes surprises me is why most people do not see this? I always hear people complaining about the economy, so they have an idea of what it is happening, and yet I never seen them taking action about it, they never try to do something different, they keep complaining and they will complain until the economy sinks while we will survive that event thanks to bitcoin.
I would not say many because from just this forum alone, the clear goal and definition some newbie investors have is to quickly get rich and have no other single or technical idea why they are investing in the first place.
This is the main reason why focusing on the future is definitely going to be hard for some as long as they keep having that get rich quick mindset when it comes to bitcoin and this market as a whole and one reason why they will  never stop whining and complaining.

It is clear the newbies have the mindset of getting rich quickly with bitcoin because the ads that I see related to bitcoin seem to encourage that vision, but if they stay here for long enough and they actually read the forum they will understand that is not the case, but they will also understand that bitcoin offers even better opportunities, like the opportunity to protect yourself from inflation.

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September 03, 2018, 01:42:31 AM
 #85

Bitcoin can't really be frozen like your your funds in the Banks and most especially in Paypal. I'm now getting used to transact online and I always use Paypal for that but I'm always worried that they'll also ban me from using my account in Paypal just like what they did on the people that I know.
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September 04, 2018, 04:16:48 AM
 #86

we are buying bitcoin because we think that we can make big money from bitcoin and this is why that we still keeping bitcoin for a long time. but some of us still trying to buy and sell bitcoin because they want to increase the bitcoin amount and I admitted that by buy and sell bitcoin, we have an opportunity to have much bitcoin. I think we need to purchase bitcoin more and more because bitcoin has a good chance to increase higher in the future although we don't know when it will grow.



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Dreamchaser21
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September 04, 2018, 06:02:35 AM
 #87

Bitcoin can't really be frozen like your your funds in the Banks and most especially in Paypal. I'm now getting used to transact online and I always use Paypal for that but I'm always worried that they'll also ban me from using my account in Paypal just like what they did on the people that I know.
There's something wrong if paypal banned you from doing that, maybe you don't comply with their requirements or better not to transact huge amount from that. I'm buying more bitcoin because I know in the future the value of this coin will be big, and holding on with this technology which can give me higher return on my investment.
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September 04, 2018, 11:35:28 AM
 #88

Dream very liked your comparison and your history. I, too, have long understood that bitcoin is very difficult to call a currency, it is more like a digital asset that can be compared in gold or silver. Of course it's rude, but I'm trying to explain that bitcoin is a new asset that is valuable in its own way. At the moment there are 15 million bitcoins of which 2 million lost a total of 21 million So it will be a kind of competition and demand will grow in direct proportion to the price of bitcoin. So I keep bitcoins too. Not so long ago, but the important thing is to start.

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September 05, 2018, 08:38:28 AM
 #89

Because we all know bitcoin will be the future of money, so we can buy bitcoin now and hold them for future. Now the price is low so this is the good time to buy more bitcoins and hold it for future. We can expect the tremendous growth by the end of this year or by next year. So hold the bitcoin with patience once the price will touch the moon at that time time you can sell and earn more profit. Check the coinmarketcap for market moves according to that you have to decide whether you want to hold or sell.
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September 05, 2018, 05:38:39 PM
 #90

buying Bitcoins  is the right investment every smart guy should make for the future
Unfortunately among my circle of friends that I consider to be smart people no one has invested a single dollar in bitcoin, they all think that it is just an elaborated form of scam, and that is why they are not investing in it, and I also got tired of trying to convince them, so I just told to them that we will see who was right in 10 years and I'm sure that I'm going to be the one that is proven right.

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September 05, 2018, 06:33:31 PM
 #91

buying Bitcoins  is the right investment every smart guy should make for the future
Unfortunately among my circle of friends that I consider to be smart people no one has invested a single dollar in bitcoin, they all think that it is just an elaborated form of scam, and that is why they are not investing in it, and I also got tired of trying to convince them, so I just told to them that we will see who was right in 10 years and I'm sure that I'm going to be the one that is proven right.

If you get a single dollar also invested on the bitcoin that is really superb idea if you are looking to buy the bitcoin for your future holdings.
You may make some decent profits with the funds you own.
I really needs to go with the best options where we will be find the profit this is the solution that is bitcoin.
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September 06, 2018, 09:41:22 AM
Merited by rickadone (2)
 #92

Bitcoin can't really be frozen like your your funds in the Banks and most especially in Paypal. I'm now getting used to transact online and I always use Paypal for that but I'm always worried that they'll also ban me from using my account in Paypal just like what they did on the people that I know.
Isn’t that one of the issues that bitcoin is solving presently? We have had problem transacting over the years, so many people find it hard to make transactions across borders due to restrictions and limitations on the likes of PayPal or western union as well as bank policies within the country and the freedom was never there until the invention of bitcoin and things changed a whole lot when it comes to easy transaction from anywhere you are in the world.
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September 06, 2018, 10:26:23 AM
 #93

bitcoin is relly good for long term invesment, hold untill by the end of the year and you will take big profit

Of course now it is good to hold because price use to rise and it never stop at any point, I am sure one day it will be above your expectation, I have seen a lot of people getting good advantage of buying bitcoin at the lower price as it is right now and it keep on rising since now, I prefer buying at low and hold till it get high so that is the reason why I am with bitcoin and I never stop investing and buying coin.
Buying bitcoin is such a potential investment if you know how to hold it. Holding is such a safe method to gain benefits, and of course it’s not a great idea if you keep holding all time, but with hodling you perhaps feel comfortable. Indeed, you need to be more flexible while planing any strategy. I can say for sure that most of people  know that buying with low price can bring them a large fruits, it shows their smart because they understand how to take advantages in the market.
Knowing how to hold bitcoin should not even be the case for anyone but knowing the reason for holding is actually the main point any investor should be trying to take note of. You will buy into a market if you believe in the long term and future of the market and that would make it an easy hold for you and believing in the long term totally depends on how you are able to identify what makes the project come with a lot of prospect in the first place and how demand for it is going to keep increasing in the long run.
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September 06, 2018, 03:35:15 PM
 #94

bitcoin is relly good for long term invesment, hold untill by the end of the year and you will take big profit

Of course now it is good to hold because price use to rise and it never stop at any point, I am sure one day it will be above your expectation, I have seen a lot of people getting good advantage of buying bitcoin at the lower price as it is right now and it keep on rising since now, I prefer buying at low and hold till it get high so that is the reason why I am with bitcoin and I never stop investing and buying coin.
Buying bitcoin is such a potential investment if you know how to hold it. Holding is such a safe method to gain benefits, and of course it’s not a great idea if you keep holding all time, but with hodling you perhaps feel comfortable. Indeed, you need to be more flexible while planing any strategy. I can say for sure that most of people  know that buying with low price can bring them a large fruits, it shows their smart because they understand how to take advantages in the market.
Knowing how to hold bitcoin should not even be the case for anyone but knowing the reason for holding is actually the main point any investor should be trying to take note of. You will buy into a market if you believe in the long term and future of the market and that would make it an easy hold for you and believing in the long term totally depends on how you are able to identify what makes the project come with a lot of prospect in the first place and how demand for it is going to keep increasing in the long run.
When the time comes and the economy crashes people are going to be desperate and they are going to try everything they can to steal that bitcoin from you, they could do it directly or they could do it indirectly with the government passing laws to try to get money out of bitcoin investors.
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September 06, 2018, 09:52:05 PM
 #95

We are buying bitcoin because we all know that bitcoin is the best and profitable investment nowadays. Also bitcoin has a freedom because no one controlled it. It is a very valuable and famous digital currency in crypto market that we should patronized and keep investing.
True, while bitcoin is one of the best investments that you can make today I am not here only for the money, I am also here because I believe in what bitcoin represents, there are many other good investments out there as well and yet I decided to put my money in bitcoin because it gives us freedom and the chance to actually own our money something that we cannot do with fiat.

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September 06, 2018, 10:02:17 PM
 #96

We are buying bitcoin because we all know that bitcoin is the best and profitable investment nowadays. Also bitcoin has a freedom because no one controlled it. It is a very valuable and famous digital currency in crypto market that we should patronized and keep investing.
True, while bitcoin is one of the best investments that you can make today I am not here only for the money, I am also here because I believe in what bitcoin represents, there are many other good investments out there as well and yet I decided to put my money in bitcoin because it gives us freedom and the chance to actually own our money something that we cannot do with fiat.
It's the same about love, hobbies or anything. Our passion for bitcoin has made us believe in the future of bitcoin for the better, therefore we still buy and hold it for trading and investment even though the market continues to fluctuate, if we have confidence, then I feel no longer affected by negative issues about bitcoin.

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September 08, 2018, 04:53:34 PM
 #97

We are buying bitcoin because we all know that bitcoin is the best and profitable investment nowadays. Also bitcoin has a freedom because no one controlled it. It is a very valuable and famous digital currency in crypto market that we should patronized and keep investing.
True, while bitcoin is one of the best investments that you can make today I am not here only for the money, I am also here because I believe in what bitcoin represents, there are many other good investments out there as well and yet I decided to put my money in bitcoin because it gives us freedom and the chance to actually own our money something that we cannot do with fiat.
It's the same about love, hobbies or anything. Our passion for bitcoin has made us believe in the future of bitcoin for the better, therefore we still buy and hold it for trading and investment even though the market continues to fluctuate, if we have confidence, then I feel no longer affected by negative issues about bitcoin.
Correct, it is very interesting that passion is precisely what allows us to hold our coins despite the bad market conditions and that make us even more money, I'm sure that all of those that have sold their coins were here only for the money and they did not care at all about bitcoin and its development and since they do not have that kind of confidence they sold their bitcoin thinking the market was never going to recover.

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September 09, 2018, 06:24:57 PM
 #98

Bitcoin can't really be frozen like your your funds in the Banks and most especially in Paypal. I'm now getting used to transact online and I always use Paypal for that but I'm always worried that they'll also ban me from using my account in Paypal just like what they did on the people that I know.
Isn’t that one of the issues that bitcoin is solving presently? We have had problem transacting over the years, so many people find it hard to make transactions across borders due to restrictions and limitations on the likes of PayPal or western union as well as bank policies within the country and the freedom was never there until the invention of bitcoin and things changed a whole lot when it comes to easy transaction from anywhere you are in the world.
That is actually an issue most people are not really ready to see but all they can think about in their head is how they want to make all the money overnight than they can imagine which is where the greediness comes in for most investors and they really do not deem it fit to look for knowledge to help inform their decisions. Bitcoin is setting down to a very good demand zone and that is how people should always see it.

Nevertheless, what some people are buying is usually the supply zone which makes them prefer to join FOMO.
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September 10, 2018, 03:46:04 AM
 #99

All i wish is to hold at least 1BTC , but since the price is high, i just brought piece by piece, seeing price fall down. Its make me more intimidate to buy more.

thats right . you should only buy small amounts and save them until you reach 1 whole btc .

 nowadays it is not really impossible to reach that said amount thinking that bitcoin's value is still cheap . in my case , i am not ocassionally buying bitcoin but i love to keep them whenever i got some from the campaigns that ive joined .  i guess i will only sell if bitcoin can reach again its new ath this year , if not then im still willing to wait for a couple of years or even decades just to earn a good  amounts of cash .
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September 11, 2018, 01:33:58 PM
 #100

All i wish is to hold at least 1BTC , but since the price is high, i just brought piece by piece, seeing price fall down. Its make me more intimidate to buy more.
It has a lot of benefits and it will make your future bright so never think before you invest. If you have small amount of money you should invest small but if you have more so invest more as it will help you get better future, in this modern age all of us should have bitcoin as holding bitcoin is somehow a surety of bright future according to me.

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