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Question: Why you buy Cryptocurrency
have fun - 4 (2.4%)
investment - 98 (57.6%)
win - 10 (5.9%)
speculate - 24 (14.1%)
support technology - 34 (20%)
Total Voters: 122

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PuraPuraBego
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October 21, 2018, 01:50:25 PM
 #21

All have their own interests in using cryptocurrency. I am as personally prefer to use cryptocurrency as a transaction to friends and family, sometimes buying items or stuff as substitutes paypal or bank. Cheesy
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October 21, 2018, 02:54:38 PM
 #22

We have different point of views why we are still supporting and buying crypto. The reason’s for me to buy crypto is to invest that in time I can take profit. For sure no one is taking risks for fun and wasting money in crypto so mostly we invest to earn and learn new in crypto.
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October 21, 2018, 05:46:45 PM
 #23

Cryptocurrencies have been all the rage for the past year or so, creating substantial wealth for investors who bought these virtual coins anytime before the beginning of 2017. Some of the most popular, like Litecoin, Bitcoin, Ethereum, Stellar, Unity and Ripple, have generated enormous returns for anyone who bought, mined, or otherwise acquired these digital currencies soon after they came into existence. We are talking about gains of between 4,000% and 17,000,000% -- potentially life-changing wealth.

There are lots of reasons why they buy cryptocurrency, it is because they want to trade something, some are investing, some are just for gambling purposes. Whatever their reasons they are all here to support the cryptocurrency and that's why it is still alive until this day, because if not it has long gone and i think too much people are losing money from it but it doesn't happen.
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October 21, 2018, 06:40:26 PM
 #24

I do it because I like to invest. I like to study various project teams, when I understand that this team is capable of doing something extraordinary, then I have a desire to invest money in it. Therefore, I do this.
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October 21, 2018, 08:31:17 PM
 #25

Cryptocurrencies have been all the rage for the past year or so, creating substantial wealth for investors who bought these virtual coins anytime before the beginning of 2017. Some of the most popular, like Litecoin, Bitcoin, Ethereum, Stellar, Unity and Ripple, have generated enormous returns for anyone who bought, mined, or otherwise acquired these digital currencies soon after they came into existence. We are talking about gains of between 4,000% and 17,000,000% -- potentially life-changing wealth.

2017 was the golden year for bitcoin and crypto world. Bitcoin price was up to 6000$ to 20000$ and all kind of token was moon and people get huge profit this time and holder gets pain.I thought bitcoin price up this October and after the end bitcoin will be 15000$ so i advised holding your asset until 2020 if market stay like this .

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October 21, 2018, 11:02:46 PM
 #26

Many reasons why i joined this cryptospace i really wanted to get my goal- With this opportunity to earn i will share this ideas and knowledge to influence other people on how crypto works. Buying Cryptocurency for me is just like hedging fund and by storing it in a safe ledger.

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October 22, 2018, 12:19:01 AM
 #27

Blockchain and cryptocurrency is new technology that given alot of benefits and advantages for many different industry. This technology give efisiensi, safe,  faster and transparansi for many industry.  I supported blockchain and technology because in the future this technology will make this world better.

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October 22, 2018, 03:15:48 AM
 #28

I bought crypto only for investment and to make a profit from it, I see crypto users continue to grow every year, so this is very possible to make 2-3 x profit for what i was invested
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October 22, 2018, 11:11:04 AM
 #29

Cryptocurrencies have been all the rage for the past year or so, creating substantial wealth for investors who bought these virtual coins anytime before the beginning of 2017. Some of the most popular, like Litecoin, Bitcoin, Ethereum, Stellar, Unity and Ripple, have generated enormous returns for anyone who bought, mined, or otherwise acquired these digital currencies soon after they came into existence. We are talking about gains of between 4,000% and 17,000,000% -- potentially life-changing wealth.
I do not exactly buy bitcoin but I "accept" bitcoin as a payment option and that has helped me immensely. I have been getting paid constantly for the work I have been doing and I have stopped taking fiat money because it is taking too long.

Normally during a work I need to work a whole month and sometimes even longer to get paid and the getting paid part takes a lot of time because when you are talking about couple hundred dollars it is not easy to send it from a bank account from usa to another country and usually I worked with people from USA which made it really hard for me to accept money.

However this way I get paid like almost daily, at most weekly and that way I can live much more freely knowing that the money is coming right around the corner without worrying about calculating how much I need until the first of each month and what will happen to the money on the way.
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October 22, 2018, 01:39:36 PM
 #30

I chose to invest and buy cryptocurrencies because it really provides high return compared to other businesses but still, a huge losses in just a blink of an eye also comes in play if you are not aware what you are doing or not that inform with crypto news or the altcoin you preferred to invest with. I chose to be a part of crypto industry where it will surely bloom someday and when that happens, a wealthy life awaits when investing to these cryptocurrencies. This is the future of payment or money transferring in the next couple of years and I don't wanted to miss that boat.
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October 22, 2018, 03:40:23 PM
 #31

I voted for "support technology" only because I didn't have any other option. I would have preferred to vote for "I have a real use of it". I use it as a currency not to speculate or to have fun with. Isn't what Bitcoin is for? My second choice is technology because so far Bitcoin is strong, there are a lot of interesting others like Horizen with with zk-SNARKs

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October 22, 2018, 04:15:13 PM
 #32

I bought crypto only for investment and to make a profit from it, I see crypto users continue to grow every year, so this is very possible to make 2-3 x profit for what i was invested
Many peoples are says investment is the only reason for crypto technology but my self all the above are must to know in future journey. This year all the cryptocurrencies are continuously fluctuating so how you spend your time in only investment.
I think we must update day by day then only we should survive in any situation so I do not to choose any options in these category.
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October 22, 2018, 04:39:10 PM
 #33

I buy e-money because I want my life to be better. Because this is a potential market and I can not ignore this great opportunity to get rich. I missed it by the end of 2017 and now I have a bigger chance. Hope the market will uptrend and I get $ 10k as planned. Grin

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October 22, 2018, 04:55:33 PM
 #34

Cryptocurrencies have been all the rage for the past year or so, creating substantial wealth for investors who bought these virtual coins anytime before the beginning of 2017. Some of the most popular, like Litecoin, Bitcoin, Ethereum, Stellar, Unity and Ripple, have generated enormous returns for anyone who bought, mined, or otherwise acquired these digital currencies soon after they came into existence. We are talking about gains of between 4,000% and 17,000,000% -- potentially life-changing wealth.


The answer is pretty obvious. It is because I want to earn some big bucks from it. That is the reason for most of the people in this crypto space. What else would they be here?
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October 22, 2018, 05:16:11 PM
 #35

Cryptocurrencies have been all the rage for the past year or so, creating substantial wealth for investors who bought these virtual coins anytime before the beginning of 2017. Some of the most popular, like Litecoin, Bitcoin, Ethereum, Stellar, Unity and Ripple, have generated enormous returns for anyone who bought, mined, or otherwise acquired these digital currencies soon after they came into existence. We are talking about gains of between 4,000% and 17,000,000% -- potentially life-changing wealth.

Actually I didn’t buy bitcoin since then,instead I bought altcoins to add on my portfolio.

But i have bitcoins that sitting in my wallets as investments,and i gain this from this campaign yobit for couple of years now,and all i can say is i am happy everytime i look in my folios,though this year is frustrating but i manage to keep patience and still hold my coins
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October 22, 2018, 05:47:22 PM
 #36

We are talking about gains of between 4,000% and 17,000,000% -- potentially life-changing wealth.

But people are also at risk of losing a lot of money, we have to be very careful with crypto because this is a very risky market.

bitcoin reached $20,000 and today it's $6000

ETH reached $1,200 and today it's $200

BCH has reached the $4000 and today it is $400

see the losses that many people are having, some people have made profits, but many have suffered losses.



I buy to make a profit

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October 22, 2018, 08:06:45 PM
 #37

Like the answer in general, I buy Cryptocurrencies for Investments that aim to gain profits in the future. Even though sometimes I fail to choose Coin to invest, it will make us more selective in making decisions.

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October 23, 2018, 08:01:28 AM
 #38

yeah, this is crypto currency. with all the risks and benefits. most of those who bought before 2017 were very rich at this time. and has changed their lives. in 2015 someone in my place sold his land and invested in bitcoin at that time. He bought around 100BTC for a total of around $ 3800. and he sells when bitcoin has a price of $ 15,000 at the end of 2017. so it gets a total of $ 1.5m. it's fantastic. and now he has changed his life.
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October 23, 2018, 08:11:10 AM
 #39

Nothing is more profitable like investing into cryptocurrency why because if it favours you you might invest with $10 and after some months you will get a profits of almost $200 which is great but in investing you need to take a risk first.
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October 23, 2018, 12:42:22 PM
 #40

I voted for "support technology" only because I didn't have any other option. I would have preferred to vote for "I have a real use of it". I use it as a currency not to speculate or to have fun with. Isn't what Bitcoin is for?

This is a bit of an issue for the future, I think. All the newbies in this thread are talking about holding and making great profits, but no one is talking about spending or using bitcoin. Without use and adoption, bitcoin will never grow.


But people are also at risk of losing a lot of money, we have to be very careful with crypto because this is a very risky market.

bitcoin reached $20,000 and today it's $6000

ETH reached $1,200 and today it's $200

BCH has reached the $4000 and today it is $400

The bullrun went from $2000 to $20000 - it was pretty obvious that was never going to be sustained. People who bought at the peak were generally newbies to crypto. Enticed by the bullrun they jumped in at the exact wrong time without doing any research.

Picking the wrong coin is another common mistake. Bitcoin has fallen by 65%, but BCH has fallen by over 90%. The market is always going to be risky if you do no research and buy trash coins like BCH.
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