Why did you buy bitcoin?

[rc4739]

Sorry Guys.,   But I need An Answer
Why did you Guys  buy bitcoin and at what price?

Thank you 

[odolvlobo]

Why do you need to know?

[iamsheikhadil]

Why do you need to know?

Lmao, prolly he's just curious. I bought my first bitcoins back in the year 2014, when the price was peanuts as compared to what it is in 2021 now! But sadly, I didn't hold it, since I didn't really properly have no knowledge about it and hence, I sold it at a not so good profit. I think I bought around 0.5 btc or something. To think that's around 30k$ now sends me chills in spine

[bitzizzix]

Sorry Guys.,   But I need An Answer
Why did you Guys  buy bitcoin and at what price?

Thank you 

Why are you asking that and what is your goal, I think the question is personal and I also don't understand your purpose and can't understand?
If you are planning to buy bitcoin now, why not do it or you are waiting for the bitcoin price to drop a little bit to buy it and hold it.

[amishmanish]

I bought for the first time in 2017. Nothing fancy and it was actually to convert to ETH on changelly and use the ETH to buy into ICOs. I first came to know about crypto through an ICO advertisement. Then went to the Ethereum website and the tech enthusiast inside me was all fascinated by these astonishing ideas.

I did not understand software development well enough to judge whether those promises were actually deliverable. It was just a wild world which promised gains of 10-100X because i stumbled upon it by accident. So I went on this streak of putting 0.1 ETH on whatever ICO caught my attention. Now, none of them did anything close to a 10X or 100X. Slowly i realized that I had wasted around 0.5 BTC (It was around 7000 USD around that point). Over the years I have kept putting small amounts in Alt-coins but I make sure not to touch the Sats anymore. So although I am still a long way off from regaining the 0.5 BTC but it has been a fun ride of wild hope, FOMOing and sleepless worrying about missing the next opportunity. I am proud to say that I have been frighteningly consistent in missing them time and again..

[Genemind]

BTC/Crypto as a whole is more convenient to use than fiat in terms of remittance and storing funds, that is of you will compare it to banks or other remittance services. Another thing is, crypto is one of the best innovations created as one of the best alternatives to cash/plastic money. Faster and way more convenient compared to another traditional mode of payment.

[Mauser]

Sorry Guys.,   But I need An Answer
Why did you Guys  buy bitcoin and at what price?

Thank you 

I bought bitcoins to be part of the community. The last Satoshi that I bought where when Bitcoins were trading around 20-25,000 USD.

In my opinion bitcoins are an awesome investment, especially if you are looking for longterm projects.

At the moment I don't have any excess funds to buy bitcoins, buy I am still trading csgo  skins. Hopefully I can sell some skins into bitcoins during the summer this year.

[Poker Player]

Initially it was for the potential return. Then I started to get interested in its decentralized nature, the POW, etc. Lately I am not so much interested in the potential return as in protecting myself from the massive printing of central banks, which would be two sides of the same coin. As for the price, I can't tell you, as I did DCA and don't keep track.

[Charles-Tim]

Sorry Guys.,   But I need An Answer

I believe some people will say they buy bitcoin because it is decentralized, and that bitcoin was built with open source codes, that it has no central authority. All these positive feedbacks about bitcoin are true, but not the reason why most of these people buy bitcoin, they are just an added advantage. The main reason most people buy bitcoin is because it is deflationary in design, its price do appropriate (increase), that is why people do fomo if the price of bitcoin is rising already.

at what price?

I do not think the price matters. There are people that were owning bitcoin already before its price get to $10, and there are people having it when its price was low. At $10000 when some people will think its price is already high, it even still surprised people and rose further. What matters is to hold and forget about it for over a long time.

[Peanutswar]

I bought bitcoin because I just want to stake and I want to hold this coin for over a year this coin has different possibilities and capabilities today the bitcoin can now adopt into a different industry, the forum also enlighten me a lot of things needed for the bitcoin so the holder can benefit but again it depends on the holder what they want to their coin which is bitcoin. I stake a bitcoin in any price because there's a possibility it might arise because of the market volatility. In the end, it depends on how you handle the coin.

[nicecrypto]

Sorry Guys.,   But I need An Answer
Why did you Guys  buy bitcoin and at what price?

Thank you 

There most be a reason why you are here in this forum and asking this question, I probably believe that you too are involve in the same question you are asking. Well I got into crypto and and bought my first Bitcoin back in 2016 actually to pay for a service which eventually turned out to be a scam but in 2017 I come into crypto trading proper and started investing in Bitcoin for profits and I most say this has worked out quite as I expected. I cant really remember the price I bought Bitcoin at but if you look back in 2017 you most have an idea what 1 Bitcoin sell for back then.

[Leviathan.007]

Why not? Bitcoin have some benefit for people depending on their usage for some people privacy is the priority bitcoin and they buy bitcoin to save it as a safe and anonymous investment bitcoin. If you ask me, I bought my first bitcoin nearly 6 years ago and I don't remember the actual price, the reason was clear because of wanted to save some money on bitcoin to earn profits. Right now, I'm still a buyer, even at he current price I keep some money on exchanges and wait for a price correction to buy more bitcoins at cheaper prices.

[Matimtim]

Sorry Guys.,   But I need An Answer
Why did you Guys  buy bitcoin and at what price?

Thank you  

In my self I buy bitcoin because I want to earn someday on just buying bitcoin in lower price and sell it when the price multiplied then I earned in that way, its just simple like that, thus if you want to earn in the same way just buy bitcoin in lower price and sell it when the price got better.

[sensimilia]

Honest answer. I was in search of easy money and i found them.

[royalfestus]

I bought bitcoin because I just want to stake and I want to hold this coin for over a year this coin has different possibilities and capabilities today the bitcoin can now adopt into a different industry, the forum also enlighten me a lot of things needed for the bitcoin so the holder can benefit but again it depends on the holder what they want to their coin which is bitcoin. I stake a bitcoin in any price because there's a possibility it might arise because of the market volatility. In the end, it depends on how you handle the coin.

I am also having a different plan for post bull market with the stability bitcoin is gaining with the institutional investments. Since we are not likely to see the massive dump in bitcoin like in the past, it is worth the longterm hold along with some stable coins. We have not been seeing exchange hack as well, so I think staking bitcoin will be safer with exchanges now. Safety and insurance will be of concern in coming months and will determine some of my decisions.

[crzy]

Sorry Guys.,   But I need An Answer
Why did you Guys  buy bitcoin and at what price?

Thank you 

Its good to ask question like this, because you really have to know your biggest reason on Buying Bitcoin.
At first, I'm hesitant to buy bitcoin so I came a quiet late in this market but the moment I understand how bitcoin works I started buying it at the price of around $1000. My biggest reason why is that, Bitcoin provides great services and allows people to transact money very fast at a cheaper cost and that's why Bitcoin grows a lot over the past years.

[Ludmilla_rose1995]

I buy bitcoin for profit. Bitcoin has an unstable value and high volatility. Also, the value of bitcoin continues to increase over time. So, Bitcoin is a very profitable investment. I buy bitcoin for the first time in early January 2017. in a short time, I was able to get a lot of profit.

[Cling18]

Sorry Guys.,   But I need An Answer
Why did you Guys  buy bitcoin and at what price?

Thank you  

I bought Bitcoin because of the influence of my colleagues. I was too hesitant to buy it early in 2017 because I was still looking for proof that it's really a good investment but things have changed when the bull market happened last 2017 when I got a good profit out of it and I'm too grateful for it. As for me, Bitcoin is the best type of investment these days. It might take a long journey yet it will all be worth it.

[bekti3]

Why? because I love bitcoin, the matter of profit is the fruit of what is loved.
How much? When I bought bitcoin it was still around $ 45,000 .. although not much, just a few satoshi, but I still hold onto them very proudly.

[The Sceptical Chymist]

Ugh....I first bought bitcoin back in 2015 when I was just getting into it and had just registered on the forum.  The price (as I remember it) was between $200-400, but I didn't even buy a full bitcoin if you can believe that.  As to why I bought it:  Prior to 2015 I was almost certain that bitcoin was a fad that would die off, because I saw how many scams were being perpetrated right here on bitcointalk.  But the longer I watched it and the more I read about it, the less certain I became that this was going to be the case--so I decided to jump in and buy some.

And boy, I wish I'd kept all the bitcoin I've owned.  Time and time again it's proven to be a mistake to sell or spend it, and I probably could have had a fortune by now...but it wasn't to be, I guess.  I'd also add that I've always seen bitcoin as an investment more so than a currency, so I never acquired any simply to spend it on things.