Trade them for altcoins and wait for those coins to show some extremely great returns on your investments... Else, you have the option to buy low and sell high by trading your coins on exchanges...
Yeah but trading is a lot more complicate then you make it sound like you have to really analyze the market. If you don't do that then your just guessing which will result in a money loss rather then profit which is counterproductive.
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Holding bitcoin a long time is a very good way of making profit but of course not if you need inmediate profit/money. But if you can hold for years then do it cause prices of the coin will be raising for sure to amounts that give nice profits.
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I have read alot of the ways to make bitcoin on this thread but my favourite ones remain trading and forum signature campaigns. Forum signature campaigns are so easy to set up and simple to maintain even for bitcoin beginners!
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This is how the businesses work and this is also why I hate paypal. They force you to pay with paypal in alot of places cause its the only payment method but paypal payment fees are so ridiculous it really stacks up after a while so much lost money.
I dont hate paypal, i just left them for a long time, but sometimes i dont use something because they accept only fiat, and those who accepts bitcoin will charge an extra. I do hate paypal actually because they are so bad towards their customers IMO maybe not if you own a business but as a single person they couldn't care less about you and your frozen funds which got frozen for no reason.
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I don't believe bitcoin rose to 600$ from pure manipulation. I do think there was a big demand spike which caused this. It jumped very quick from 570 to 620 but after that it seemed to decline again which is a sad trend with bitcoin.
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I don't think anyone would've believed it especially the 1k+ spike which seems incredible even the day today we can't reach that. Hoping we'll get out an above the 4 digits though rather sooner than later, I hate dropping down every time.
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Saving money requires discipline, if the money you saved can be easily withdrawn, you'll be tempted to get your money little by little until you never noticed it's all gone. Just like saving coins in a piggy bank, never try to pick your piggy bank to get a few coins.
Discipline is the key word here cause a lot of people are able to save if they would have more discipline. They spend money on a lot of stuff they don't need which they could just have saved up every month instead.
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It is better to invest your money if you want to make money but if you just want to save without risks and headache but also no profit then you just put it in a saving you will probably get low rent. But with bitcoin you can get alot more profit.
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I don't spend any bitcoin in real life because bitcoin are very important to me I am trying to reach an as high amount as I possibly can. I do this cause bitcoin is my investment and I want as many as possible before prices are high.
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of course it will be a year of bitcoin, i think bitcoin will become even bigger
I hope so, 2017 will be the year of the bitcoin like this year 2016. Maybe something big will be happen on 2017 like The halving and it's make the price of bitcoin increase. I don't think 2016 was such a good year for the bitcoin. I am hoping that 2017 will be a lot better than 2016. For example I would like to see more shops implement the payment option of bitcoin.
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My trading strategy is to analyze the market and then buy when it is very convenient and sell when convenient aswell. There is no secret to trading it's all about learning market behavior so you can play in on that, it's like finding the weak spot goodluck.
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We can encourage local businesses to accept Bitcoin by informing them what bitcoin is and how it can be productive for their business. As a business owner money talks so make the money talk and they'll join within a second if they see alot of ask for bitcoin payment method.
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I never spent coins in real life and that is all because i dont like to spent my coins into bullshit you know everytone needs to spent their coins where ever they want you know.
Yeah I don't actively spend either because I am a very big safer I spend fiat on activities and hobbies but I don't spend on small transactions like always eating outside of the house buying a coffee etc etc cause those expenses stack up so I don't actively spend my coin either
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I hope 2017 will be the year of the bitcoin because 2016 was a very slow year for bitcoin and I don't want the same faith for 2017. Hoping we will get globalised a little more and more accepted in shops etc in 2017 that would be great progress.
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I haven't put my full amount of money into bitcoin just a part because we still have to do so much with fiat everyday that it would not be worth it to put everything into bitcoin. If by everything you mean all my saving then yes I did put all my saving into bitcoin since I believe in its value.
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Trading is a very unpredictable job indeed but sometimes you got to rely on the luck a little bit too to carry you. Not always skill will be enough especially not with trading you will have to take risks to get somewhere.
Others dont believe in luck. They say if you believe in good luck then there is the opposite of it too. So it would be better not to believe it and just rely on skills. But you cant change what traditions made to believe in luck. Luck exists though maybe it's not named correctly but there is a certain degree of randomness in trading which we call luck of the draw. So having a "bad luck streak" could mess over your money but being skilled allows you to be "lucky" more often than "unlucky" so you'll always make a win eventually.
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That's a very high fee to sell an item for 100$ and they take 14$ wow because if you'd sell 10 items you'd lose already 140$ against a 1000$ you should've made which is crazy if you ask me. I don't use any of these services gladly cause I wouldn't be happen with paying that high of a fee.
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A lot of ways to get bitcoin some more difficult than the other usually the difficult ones give the most return though like trading, trading can make you a fortune but is very difficult. Best to do when your new at bitcoin is to just look for signature campaigns since they are easy and allow for a starting capital to be build up.
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I think it is a normal thing and I was not as manipulated. This is a pure price increase. however, would be different if bitcoin prices suddenly rose to $ 1,000 in a short time, because most likely it is manipulated. but if bitcoin prices climbed above $ 600, I think it is normal due to the increased use of bitcoin
The price that has gone above the $600 level has nothing to do with increased usage. It's part of the recovery after everything that happened with Bitfinex. Slowly the price will move forward to the price levels it was sitting on before Bitfinex got hacked. From there we will see whether or not the price will continue to go up. the rise has started because of the increased using of bitcoin, there was a demand so the price could rise up in the first place. so that same demand is now still here and helping the rise back to the previous levels. That demand seems quite gone now because prices have been hovering the same amount for the last month now. I hope demand will go up soon again and people will start buying so we can have a increased value per coin I invested alot.
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I would think that at that time there's alot of time and things that could've happened from now but probably the price will be about 1.5k if it's still alive like it is today. Most people will say crazy ambitious amounts like 10k but that's never going to happen in such a short time span get over it.
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