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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 17342 times)
meliodas
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April 20, 2019, 01:07:29 PM
 #361

I keep on buying cryptocurrencies because it is an investment for me and also a retirement gateway for me. I believed that the prices of the crypptocurrencies that i bought so far will have a huge jump in the long term because of the fundamentals that i saw and based on the movement of the price from the price history.

 
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April 20, 2019, 01:47:06 PM
 #362

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.


Of course, everyone has their own goals when buying crypto currencies. Personally, I prefer to accumulate some crypto currencies (each for different reasons and with different uses in the future). The other part I buy with the sole purpose of selling and making money. Also sometimes I use crypto currency to pay for some goods and services.


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April 20, 2019, 02:01:24 PM
 #363

I definitely believe in the technology. But investment and speculation is something which made me come in cryptos. I have been reading about cryptos since 2011. But didnt become active until quite late. I do regret no investing 2011 but I have has my share of profits from cryptos and this is most important reason for me staying here until more utility kicks in..
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April 20, 2019, 06:48:37 PM
 #364

I purchase cryptocurrency mainly as an investment but as I am a visionaire I always get more involved in what I invest. If I find a project that I consider it is worth my time and money I will go through fire and stone for it because I have a strong due dilligence process so I assess every investment thoroughly.
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April 20, 2019, 06:52:32 PM
 #365

I only go with BTC, LTC, ETH. Everything else will be exchanged to one of them. Dont need the risk of losing too much with unstable coins these days.
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April 21, 2019, 02:48:54 AM
 #366

Despite the dubious results of the vote, I am sure that the majority buys cryptocurrency primarily because of its huge potential, technological and therefore money.


Yeah crypto currency is the best thing I have ever seen it can make our future and it can help us to get our from so many problems, crypto currency is new technology which is being use by so many people who can make good future with help of crypto currency, we can use it to buy goods, we can make investments we can save it for our bad days of future.

Actually Cryptocurrency brings a lot of benefits to everyone and the trend of investing in this market is getting more and more so many people feel excited and hope to participate in this risk market. It may be difficult at first because you have to face the loss of assets but only 2 months of experience will give you a lot of valuable lessons to be able to survive in this market longer
Thats why we buy cryptocurrency, we know that this business is profitable for anyone, and I come here because I want to make a profit. but I am also aware that some other users have other reasons for adopting crypto, such as for currencies
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April 21, 2019, 03:45:42 AM
 #367

We mostly buy crypto with the desire to be rich in the future. Very few people buy it just because of great technology. Because very few people can understand blockchain technology and it takes time to simplify things.
And we still have the opportunity to get rich now. The value of altcoins is still quite cheap after many price increases. And with purchasing power increasing over time as it is now, the ETH or BTC will also generate profits of up to 30% at the end of Q3.

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April 21, 2019, 07:20:26 AM
 #368

well, your poll is a bit strange...
to invest, win or speculate all end up in the same class  Grin
I guess that everyone, although supporting the technology or a specific project, will be definitely looking for a profit outcome from their investment... this is nothing bad... it is just a natural fact...
(Although it might be possible for someone with tons of money to be doing some crypto purchasing and trading just for fun)
In my case, I am in love with crypto for the evolution it might represent, for the power to change the world, for the opportunities that it gives to everyone, and of course, for the opportunity to make enough money to stop being just a slave of the fiat system

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April 21, 2019, 01:57:33 PM
 #369

I am buying cryptocurrency because i know that i can do trading with it because the movement of the price of the cryptocurrencies are so volatile because most of them are decentralized so it means that there is nothing that regulating it so it is a free market for the traders to trade whenever and anytime they want. It is a good part time job for me.
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April 21, 2019, 02:03:03 PM
 #370

At the start it was about breaking free from the banking system but the monetary incentive was always there.  We live in a harsh world and money is needed in our modern society so I don't blame people that are only using bitcoin as a speculative asset. 
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April 21, 2019, 02:35:09 PM
 #371

The real intention of crypto currencies to replace the centralized payment system but most of the people were buying crypto currencies for making profits or think it as an asset.

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April 21, 2019, 02:37:06 PM
 #372

I am buying cryptocurrency because i know that i can do trading with it because the movement of the price of the cryptocurrencies are so volatile because most of them are decentralized so it means that there is nothing that regulating it so it is a free market for the traders to trade whenever and anytime they want. It is a good part time job for me.
although this is as part time job for me , i am serious with this.i am believed if i concern and focus by trading or working in bounty campaign someday i will get worthed result.maybe not now, but in next two years i will get it.i have special plan with my investment in cryptocurrency market.

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lovesmayfamilis
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April 21, 2019, 02:55:50 PM
 #373

I believe that if you have any savings, then you need to spend part on the purchase of cryptocurrency. There are many top coins, which with the growth of the market give good X's. But the most reliable investment for money will be Bitcoin. If you want quick money, then, of course, alternative coins are what you need. And you need to buy bitcoin for the long term.

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April 21, 2019, 04:07:12 PM
 #374

Obviously buying cryptocurrencies for me is and investment. If I deposit $1000 in any bank they will give me return of around 7% per year, if I deposit my money with any private investment firm they may give a good return but money is always at stake. Investing in cryptocurrencies may give me a good return longtime, although its also a risky matter when there is downtrend like 2018 but still if you plan your investment with strict SL you may get more profit than banks or any investment company. Before investing one should check the project its reliability and its roadmap, investment in any shitcoin can eat all your money invested.

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April 21, 2019, 04:13:04 PM
 #375

The main reason to buy crypto is to make money, I do love the technology and all but at the end of the day we all need money to survive.

I'm also a hobby miner, I don't make much money from this but its fun to play around and configure my gear.
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April 21, 2019, 08:13:29 PM
 #376

For me, cryptocurrencies are one of the options for obtaining additional income and the opportunity to become at the origins of interesting startups, which in the future will be able to take a considerable part of the digital market
well, some people are interested in developing a project from ICO, so they invest. but, some people see the profit they can get when investing, or own certain crypto shares. well, this is a natural thing, even I have had crypto because of such a purpose.
When bitcoin were trending in the market and people become aware of them, they were mostly welcomed as source of earning. Definitely when something has potential to give back and it is being broadcast as well so people who have money and want to double it or invest it, they were attracted.

Back in 2014, it was entered in mainstream and people started investing in them and they got enough positive results to continue further.
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April 21, 2019, 10:31:17 PM
 #377

The main reason to buy crypto is to make money, I do love the technology and all but at the end of the day we all need money to survive.

I'm also a hobby miner, I don't make much money from this but its fun to play around and configure my gear.
I agree that most of us, if not all, buy cryptocurrency to make money on its sale in the future.  
And that's fine.  I think very few people buy cryptocurrency only to support technology.
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April 22, 2019, 12:30:57 AM
 #378

I keep on buying cryptocurrencies because it is an investment for me and also a retirement gateway for me.
you have got the true essence of investments mate,many people here wanted to profit right away but not thinking of the future benefits of cryptocurrency and how huge it can give if they learn how to trust and wait
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I believed that the prices of the crypptocurrencies that i bought so far will have a huge jump in the long term because of the fundamentals that i saw and based on the movement of the price from the price history.
Indeed because if we can only pick the potentially coins nothing can stop us from profiteering soon,its just the matter of finding those right cryptocurrency and prevent from buying pump and dump coins because i know in future those shitcoins will die and only legits will remain
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April 22, 2019, 03:55:04 AM
 #379

The main reason to buy crypto is to make money, I do love the technology and all but at the end of the day we all need money to survive.

I'm also a hobby miner, I don't make much money from this but its fun to play around and configure my gear.
I agree that most of us, if not all, buy cryptocurrency to make money on its sale in the future. 
And that's fine.  I think very few people buy cryptocurrency only to support technology.
The top priority for the cryptocurrency investors is to just make money and the technology still belongs to their concern but it is not that a big of a huge deal for them. We are buying cryptocurrency to make more money and to be rich so once we are rich we can easily get into the cryptocurrency that has a good technology and we can really support it because we have a lot of money. Learn to prioritize first.

 
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April 22, 2019, 05:08:21 AM
 #380

Obviously buying cryptocurrencies for me is and investment. If I deposit $1000 in any bank they will give me return of around 7% per year, if I deposit my money with any private investment firm they may give a good return but money is always at stake. Investing in cryptocurrencies may give me a good return longtime, although its also a risky matter when there is downtrend like 2018 but still if you plan your investment with strict SL you may get more profit than banks or any investment company. Before investing one should check the project its reliability and its roadmap, investment in any shitcoin can eat all your money invested.
Most of us will agree that we are not here to fully backup the intentions of satoshi nakamoto to bring freedom inside financial institutions, we all forget about the system that he/they provided to us to enjoy, instead of supporting the adoptions we choose to hold and wait, expecting that in time the value
will increase, I'm not hypocrite to say that I don't like to earned out from my trading investment but yet I also use those profits to pay my bills.

Main purpose is to earn money then support this new system to propagate the purpose and be serve by using it for my bills transactions, so convenient as I don't need to go out of my house and fall in line waiting for my time to pay to the cashier, using my third party exchange i can pay directly in front of my computer inside the convenient of my house.
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