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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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Author Topic: Why you buy Cryptocurrency ?  (Read 17344 times)
Wonder_woman
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October 23, 2018, 12:49:46 PM
 #41

Why I buy cryptocurrency? Well, I know iots hard to have this and its very risky but this is really profitable and has the Assurance in the future. Bitcoin is a digital gold just like others said. So, I believe its worth holding for.
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October 23, 2018, 01:42:02 PM
 #42

I`m glad to see that investment and supporting technologies are two options with most votes. First we need to support technology, it`s long term investment if this technology become huge success in the future (and we already made a huge success, it can be bigger). Supporting technology should be more than just investment, we need to use it, have fun with it and to suggest to others to do the same. I think with so much reasons anyone can find what suits them most, if it just fun have fun, if its holding holding, everything it`s good, combine more things is even better.

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October 23, 2018, 02:00:39 PM
 #43

Why I buy cryptocurrency? Well, I know iots hard to have this and its very risky but this is really profitable and has the Assurance in the future. Bitcoin is a digital gold just like others said. So, I believe its worth holding for.

basically i buy cryptocurrency for long-term investment. by looking at future of cryptocurrency, i believe that investment here is very profitable. and i am aware of risks that may be faced

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October 23, 2018, 02:34:52 PM
 #44

I actually do buy cryptocurrency because I support the technology, knowing how far it has helped me in most of my daily endeavors when it comes to ease of payment. A lot may not understand that, but at least I understand pretty well that there are so many benefit in this space than just for investment purposes. Sure, we cannot discard the fact that increase in value in the long term is bound to come into play, but I only see that as just a side benefit for holding and not the main reason why I am into cryptocurrency.
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October 23, 2018, 10:55:13 PM
 #45

Yes, I buy crypto to trade, invest, and support blockchain technology. for a profit. I think everyone who buys crypto does want big profits. because with crypto all can make success in their financial world. so most want to profit.
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October 24, 2018, 05:45:41 AM
 #46

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.


With this new era of ICO's, I am also hoping to find one, to invest/trade/hold and get kind-alike gains that top tier coins already have. Too much too look at but I think it's inevitable that crypto is adapting on our lives, making it easier, for those crypto that could make our lives easier, make a good marketing so we all could be aware of you.  Grin
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October 24, 2018, 06:49:08 AM
 #47

There are many reasons mostly it is use to invest and earn many moneys best way investment.
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October 24, 2018, 07:12:00 AM
 #48

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 like to buy cryptocurrencies because of two main things, FOMO or fear of missing out and usage of the coin that affects my life. If I see at my watchlist that there is a change in a coin, I buy them because I know that in cryptocurrencies, it push always by people. I tend to buy using bounce play because it is very effective.

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October 24, 2018, 10:44:52 AM
 #49

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 am not really surprised, looking at the fact that a lot of people are actually here for the investment and considering how speculative this environment has been till date. Asides supporting the technology and knowing there is a future here, it is that future that apparently drives the investment knowing that in the long run we actually have some benefit to gain being a part of this phase at a very early stage.

Initially, I started making use of cryptocurrency for merchant payment for goods as an importer, and it has really helped, but that does not change the fact that for long term purposes, I am still investing some, while believing in its long term.
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October 24, 2018, 12:32:44 PM
 #50

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
Having a real use of it would have actually been a good option to have, but at the same time, supporting the technology still comes with an incentive which is the long term growth in value, but that should never be the major reason why people should be in this space, when relating to the purpose of investment and this is the main reason why a lot of people have been so fixated with the idea of short term than even in the long term and all they are just after is a means to get rich quick.

A lots of developments are coming up that would bring about real life usage, and that is what makes an easy hold for the long term for most of us, while believing and supporting this great technology, and any other thing with respect to the increase in value is just an added advantage.

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October 24, 2018, 12:50:01 PM
 #51

Yes, I buy crypto to trade, invest, and support blockchain technology. for a profit. I think everyone who buys crypto does want big profits. because with crypto all can make success in their financial world. so most want to profit.
Most people are only interested in profitability in this market and have little interest in Blockchain technology as only large companies or large companies need this. I personally am very interested in this technology recently as it is being widely applied in many big countries especially in the field of finance and banking.

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October 24, 2018, 12:53:32 PM
 #52

Yes, I buy crypto to trade, invest, and support blockchain technology. for a profit. I think everyone who buys crypto does want big profits. because with crypto all can make success in their financial world. so most want to profit.

Yes, most people who came into crypto wants profit through trading, investment and so on. And if there are other good sides of crypto it'll be a bonus. For sure I want to see the real use of cryptos in my life but as an ordinary person, I can only hope that it will happen someday.

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October 24, 2018, 06:06:45 PM
 #53

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 think you answered your own question, many persons are seeing in cryptocurrencies a way to possibly improve their lives, it is not a sure thing but if you invest enough time and money then you could be one of the fortunate that are able to change their lives with it, and many people are thinking that since cryptocurrencies do not discriminate and it does not matter where you live that this is the perfect opportunity and that it is possible this opportunity is never going to present itself.

And in a way I think they are right I really think this is going to make the dot com bubble to look small, this market is going to be the next big thing and you better take a position now or you will be left behind.
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October 24, 2018, 08:14:06 PM
 #54

Yes, I buy crypto to trade, invest, and support blockchain technology. for a profit. I think everyone who buys crypto does want big profits. because with crypto all can make success in their financial world. so most want to profit.

If we think that Bitcoin is not widely used as a payment method, the main goal of the Bitcoin owners is to obtain some profit. But we cannot belong it to everyone, there are some companies that have created their own digital money to use only within their own company, although these coins are not widely used. Besides, some people think that the cryptocurrency is the money of the future and they reserve some money for themselves.
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October 25, 2018, 03:19:12 AM
 #55

 Investment in cryptocurrency offer high return when bull market but the price also possible to going down to 90% so its better we increase first our knowledge about trading and investment strategy to avoid loss. Crypto has potential to change our life better because crypto possible promising return up to 100 times in 1 years.

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October 25, 2018, 04:10:19 AM
 #56

When you want to do a job in which you can grow and at home with out effort so i think crypto is good and we should buy bitcoin for a profit motive now a days it is mostly using for investment purpose but we can not ignore other features of this currency and if we hold crypto in these days we will be do many things good in the future.

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October 25, 2018, 04:17:49 AM
 #57

I bought them because I saw it as a golden limestone to bring wealth to us. You keep thinking if we own a few Altcoins and when they increase like Bitcoin I might change my life.
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October 25, 2018, 05:04:16 PM
 #58

Buying cryptocurrency is a reserve for my future maybe this coins what im holding right now will be my future money profit that I gonna get from different good altcoins.

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October 26, 2018, 08:18:40 AM
 #59

Investment in cryptocurrency offer high return when bull market but the price also possible to going down to 90% so its better we increase first our knowledge about trading and investment strategy to avoid loss. Crypto has potential to change our life better because crypto possible promising return up to 100 times in 1 years.
That would depend on your knowledge of where you are buying, what you are buying and the strategy you are making use of when it comes to doing any of that. We cannot deny the fact that a lot of people in this space today are actually buying cryptocurrency for investment as well as the belief in the future.

It is not bad, but the only issue is that based on the fact that it is not being used in real life, it has made the space to turn to a very speculative environment. However, I know things will change, but when it comes to investing, you really need to have a lot to learn at least when it comes to investing in markets as that would guide your decision making.

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October 26, 2018, 02:31:47 PM
 #60

but the only issue is that based on the fact that it is not being used in real life, it has made the space to turn to a very speculative environment.

It is not being used in real life because the majority of people buying are just in it to "get rich quick", so to speak. If you want the environment to be less speculative, then start using bitcoin. It's as simple as that. Work for bitcoin. Trade in bitcoin. Use businesses that accept bitcoin. I regularly ask any small or independent retailers or any tradespeople I am dealing with if they accept bitcoin. I've been surprised a couple of times by people or business that do. Whenever my friends or I place a food delivery order as a group, we all pay back the person who ordered in bitcoin.

More adoption equals less speculation and also more growth. It's a win-win for everyone.
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