Trading is the best way I earn bitcoins. Bitcoin vs fiat and altcoin trading are the ways to go for. Its always advised to trade cautiously and never invest more than what we can afford to lose.

Gambling is not my thing. I am actually against the idea of gambling my money. Since I never found gambling worthy of spending my time on I never even suggest gambling to other people. Most of the sites I have seen are simply places to burn your money. But that hurts since I come from a poor family and wish to earn money and use it wisely and never waste it.

I have had this similar experience myself and ended up making myself a laughing stock among my friends. They think that its a hoax and that bitcoin is made to steal people money when they buy bitcoins. They think its related to hackers and other creepy people who are trying to hack into their bank accounts.

Gaining trust in people is a very tough job. For them bitcoin will remain a scam type of money.

With increasing number of users the price of bitcoin will rise more and hence more users will turn to trading of bitcoin. Now if we see the actual users of bitcoin, its only a small fraction of users of the entire global population but then again its popular in communities and not populations.

Even then people mainly believe in bitcoin because of price fluctuations and that trading on bitcoin is profitable. Altcoin trading is also profitable and in turn worth investing in. It may not become worldwide but certainly will become a much bigger picture in the coming years.

Every trader has that day when their currency dips and they buy a huge volume of it. Then when prices rise they sell it and the profit is gained.

Currently bitcoin rising prices made it a target for traders since the fluctuating price is profitable and many people have joined the trading league of bitcoin. Altcoin trading and altcoin mining is also profitable.

People believing in bitcoin is a bit skeptical since they mostly trade on it rather than use it as currency - specially where I live since almost none of the merchants here accept bitcoin.

Of course if that adult has proper access to internet and let alone electricity as well.

In our country most of the people are below poverty line. They will rob kill or do anything to earn cash and pure cash. They dont trust any cyber coin that floats in midair.

Its difficult to explain to them since they dont really care about it. They are poor and if they suspect you of scamming (which they obviously will since for them everything is a scam) - then they will run at you and murder you. So good luck with that

Trading and signature campaigns are good. While trading can be profitable and risky at same time, gambling is a total loss according to me. I am a very unlucky person myself and never make any profits in gambling. That is why I never gambled after the first time. I prefer to use my skills to earn money and let my luck earn it for me.

Many contests here are scam and I dont trust most of them if not being run by a trusted owner of the forum.

We need to save money for future use and for special purposes - like starting our own business or running a new idea in our business when we are in dearth of cash.

Again we need to invest our money in the proper places to make sure we earn more. If we have our own business we need to fuel that and make up new methods to earn from it. The latter will require our saved money in order to start it. Then we can regenerate the saved cash plus earn more. In this way the two complement each other and hence both are having their own importance.

Why dont you try to prove the admin to be cheating their users in this so-called rigged lottery system by introducing a provably fair algorithm yourself?

The admin has said this several times that if anyone is wiling to develop such for the site he will gladly accept it with incentive for the developer as well.

Otherwise if you think the admin to be really cheating people - make a proper scam accusation in the proper section of the forum with proper format and include all possible evidences that you can - as simple as that. 

Easy for you since there are easy exchanges available to you.

In our country bitcoin is not popular let alone anyone trade on it much. Hence the number of banks allowing bitcoin exchange is low. I have to get deals from the local boards in order to exchange money. I hope the condition improves later on though so that we can easily exchange bitcoin vs fiat and vice versa.

It is important to save money as well investing it. You cant just invest all your money into whatever field you wish. Then you end up with zero cash in pocket for daily needs and let alone emergencies that may arise once a while.

Both of them have their own importance and both of them are important if you are willing to earn money and live properly.

Again many people think that saving money is a lazy method of "earning" money - utterly wrong approach of thinking - because savings interest rate is very low and its better to think of it as dust collection. Savings is important for emergencies and for liquid cash often needed in excess for daily purposes. It is not a method to earn money.

A site that gives legit profitable returns? Very suspicious because a legit site declares its features and methods of making money publicly or on a press conference which in either case will make it popular and draw a large crowd of investors.

I suggest that you do a bit of groundwork in this case and make sure you are not investing in some ponzi or scam scheme only there to steal your money. Otherwise its very difficult to get a legit site to invest in which declarers high returns in low time.

Getting a job which pays you in bitcoin is the best method. Computer based freelance work here that I have seen accept bitcoin. Its better to work on your skills and develop them. Then someone maybe willing to hire you for working on their project and you can get paid.

Other than that trading is good if you analyse the market and buy low, sell high, the general strategy of traders. Again altcoin trading is profitable.

Mining is good for those who are living in places where electricity is cheap and other costs are well within limits.

Totally wrong conception. People simply want to make money and there are different methods to do so. We need to save money for future needs and emergencies. Investments are needed to passively grow our money - mostly at low rates for less risky ones and high rates for high risky ones.

Its important to have a proper source of income like a job or your own business. Then you can look to save some small fraction of it. Keep the rest for investments and for liquid cash which is for daily expenses. Segregating the cash income is important to control your expenditure and hence increase your savings as well.

Everyone knows that but it does little to curb their addiction and stopping it. Its about greed and pure greed for money. People want easy money and that when the fun becomes addiction in gambling.

Most of the gamblers enter casinos with hopes of having some "fun" and make some cash in the same time. But as they keep on playing they gradually become addicted to it and cant control themselves - they hope to win back their losses and in doing so lose more and more.

I think both patience and timing is important and more importantly - it is luck. Many people never had the courage to hold coins till a decade for prices to increase. Many of them booked profits and sold all away when prices rose by 100units.

Again people often have similar speculation about altcoins but then many of the turn out scam or dead. In both cases the invested money is actually lost. Therefore the luck factor is more important than patience or timing - however it is the only factor on which we have no control over and hence its better to trade according to own wills.

Miners are the pumpers of bitcoin - hence the entry of new miner or old miners gaining better rigs does affect the market. As the demand rises and if the supply increases as well - prices tend to remain stable.


I think it is due to the bitcoin vs altcoin trading. Altcoin mining and selling is also popular. People also participate in ICOs and then sell the altcoins for bitcoin.

First of all Bitcoin is not an industry - it is a currency just like USD bills and Ruble.

Many casinos offered bitcoin as money for gambling deposits and hence the anonymity that bitcoin provided made it an instant hit. That is why bitcoin casinos are popular and are running a profitable business.

Bitcoin economy can survive without even a single bitcoin casino - even a single user using bitcoin is enough to run the economy - thats how the core is designed.

But there is nothing for the common amateur gambler to profit from it here - since the casino owners are the real profitmakers.

I think it will save you from losses but will not earn you much of a profit. We must try to invest money in such sectors which are going to be big in the next few years.

That is why buying bitcoin is said to be a worthy investment. Again gold and  real estate are good enough since they will also rise in future. But blindly just storing the money in banks is like locking the money up like a miser. There is not much profit from the savings account interest rate.

This is the one reason why traders have been holding bitcoin and selling it on prices rise beyond 1000USD. The prices keep on increasing every year and so the people are willing to buy some bitcoin, hold it and then sell it sometime later. Holding the coins for years may not yield so much profit as daily trading but still its good for people who are busy with other work and cant watch the markets all day.

Yes people who bought btc back in 2009 and 2010 time are making profit selling. But in this case most of them have already sold away all their coins in the years that followed since btc price was increasing and they wanted to book profits.

Even today buying some btc is worth it since people are always trading on btc and hence prices keep fluctuating - more importantly increasing enough to give us profits on selling.