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Author Topic: Why People Choose Cryptocurrency?  (Read 159036 times)
Akagum
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February 07, 2019, 02:11:56 PM
 #1561

People choose cryptocurrency for many reasons ,some of which are investment , trading which all is about making money.
I believe some choose to invest and do other things that brings income in cryptocurrency Because of the ease in doing  cryptocurrencybusiness .
You can do business even from the comfort of your homes.
You have full control of your investments.

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February 07, 2019, 10:31:54 PM
 #1562

The world of cryptography is a limitless, state-of-the-art institute of promising ideas, huge opportunities and free interests in various fields of activity, both in business and in everyday life, using new non-cash technologies.
high110
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February 07, 2019, 10:37:53 PM
 #1563

Now people choose cryptocurrency for profit. But cryptocurrency has many other more important advantages. Very small fees for transferring funds, no one can cancel your transaction.

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Ximoandali
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February 08, 2019, 09:54:13 PM
 #1564

In most cases, people choose cryptocurrencies only to make money on their growth, but I think that gradually the world will be able to move to investing in cryptocurrencies not only for profit, but also because they will be convenient to use.

I think at this level it is already convenient to use cryptocurrency for payments , but of course bitcoin is not very convenient to pay but for example eos eth very well are transactions

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February 08, 2019, 10:00:20 PM
 #1565

I am sure that cryptocurrency attracts people because of the possibility of quick earnings. I am sure that most people do not understand the risks associated with such investments.

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February 08, 2019, 10:09:20 PM
 #1566

I am sure that cryptocurrency attracts people because of the possibility of quick earnings. I am sure that most people do not understand the risks associated with such investments.

I don't agree with you. Bitcoin in itself did not produce money. The money in crypto is real money that was used to buy it to become money as we see today. Only a few of the people in crypto are in to earn. The majority invested because of the tech behind crypto. Some think crypto is a better way to store your money than the bank so we should not be thinking about the earning part always.
Even from what I know, since real money is used in crypto, whenever you are gaining, someone's is losing. That is the cycle in crypto.
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February 08, 2019, 10:21:05 PM
 #1567

there are many things that make people choose cryptocurrencies, but I think people prefer crypto because it can be very profitable so they choose to invest in crypto.
and many make crypto as their job.

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February 08, 2019, 10:21:23 PM
 #1568

I want to believe that people see in cryptocurrency not only a quick income. It seems to me that some people understand that blockchain technology is cool.
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February 12, 2019, 11:04:10 PM
 #1569

Fiats and traditional assets are concentrated in the hands of a privileged group of individuals. As for cryptocurrency, there is no preference. All members have the same opportunity, and anyone can log in.

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February 12, 2019, 11:39:38 PM
 #1570

Cryptocurrency is far better than the banks that take your money for loans. If one buys crypto and saves it without it being in the exchange, with proper care, no one can get access to their coins. It is also easily accessible and it can be used at any time unlike the banks that work only on business days.

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February 12, 2019, 11:45:18 PM
 #1571

I think people choose crypto because of its nature being decentralized, community driven and one that can open global trade. There will be a lot of projects that will come and go until there is something so simple that it makes sense for people to use on a day to day basis. There will also be a lot of conversation around what true indpendent money means. I was reading a really good article about the topic of independent money is and it made me realize why people choose crypto all together.

here's the link to the article if you want to see where i'm coming from: https://medium.com/ampleforth/independent-currency-in-a-multi-chain-world-67032dce8296
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February 12, 2019, 11:46:21 PM
 #1572

Cryptocurrency is far better than the banks that take your money for loans. If one buys crypto and saves it without it being in the exchange, with proper care, no one can get access to their coins. It is also easily accessible and it can be used at any time unlike the banks that work only on business days.

Yes it was, but still the security is all that matter. Your asset on banks is  more safer and secure than the cryptocurrency market place. Banks can establish protections that are comprehensive and strong.
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