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Fewer People are Buying Bitcoins

NoviceNinja

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#1
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I read an article saying that fewer and fewer people are now investing in the Bitcoin cryptocurrency. I am not sure about this, but one thing that might discourage them from spending is because of its volatility. The price of Bitcoins has had its highs and lows, going through several cycles of skyrocketing and then plummeting, cited by some as bubbles and busts. During its history BTC has been surmounting new heights, only to experience a massive drop straight after. Its value is irregular, shifting quickly and drastically, which may produce vital financial damage to an impulsive investor.

I have never invested in Bitcoin and I do not have any plans of doing so anytime soon. How about you guys, have you invested in Bitcoins recently?
 
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#2
I have not really invested in bitcoin but i have worked on sites that reward or pay in bitcoins, so far i have earned about $200 worth of bitcoin exchanged it to my local currency successfully. I am willing to buy more if I have excess cash cos investing in bitcoin requires patience as it price is volatile.
 
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