Trade and investment is the best place to put 10 btc and with that amount it can also give higher profits in trading and will help in multiplying my coins if I play with them smartly.
I agree with your statement, that 10 BTC is a great amount to start investment in bitcoin and to do trading as well. Just divide that amount 5 BTC should be for long term investment and the remaining half is for trading so you can make active income. |
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If Bitcoin goes up very high should i buy a house?
Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.
I don't think that it matters how you will spend these bitcoins, but you have to spend them. buy a house, buy a car buy something, as usually when price grows it crashes down time later ahah, all things that we can buy in the bitcoin is something incredible. For we do not need to bring in real money and we can only use the internet after it sends into account bitcoin seller. But it won't happen for a while now, because it's still in the growth stage of the bitcoin and strengthen the Foundation of the There are no major merchants in the internet that accepts bitcoin so we cannot enjoy our bitcoin if we are a big spender, in my case I just cash it out and just go to the mall and buy my needs and wants using fiat. On the other hand, I also spend big on gambling online so I already help on the market circulation of bitcoin. |
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The plan is easy and well organized, executing it is a different matter though  : -Get 200-300 BTC "somehow" -Wait for the price to reach $1,000 or so, Which shouldn't be as far-sighted like $5,000 and such -Withdraw and exchange for USD, wait for another chance to re-enter with BTC. the say is easy but the work in trade is very dificult because price bitcoin is very liquid up and down if buy much bitcoin wait to up, but the real bitcoin is down is not profit but lost Yes you are right, but if you have clear rules of trading It will become different, are like time for buy and sell bitcoins , how much bitcoins you be ready for cut lost if the price going down after you bought it. You must find the ways or rules of trading that give profit constantly from trading. Learning is Important , it's okay if you're fault in the first attempt or keep lose . But as the time progress you can learning about trading and for sure you can get profit . For trading bitcoin , it needs longer time to get the profit but for altcoin you can do it in the short-term basis. Trading could possibly give you decent profits but as you said you may lose at first and also on the long run since there are really now perfect trades and those mistakes would able you to learn more which could somehow mold you to a better trader. Bitcoin and altcoin trading have difference on price volatility. Trading bitcoin is much safer then trading altcoins as there is no major pump and dump in bitcoins so if you can hold them for a long term then you can make good profits from it. Absolutely, trading in bitcoin is better than trading in altcoins, because with bitcoin the volume is good and you can easily predict the price movement as the price has more dominant in increasing, but in altcoins some coins just pump for sometimes and then die. |
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No i am not rich from gambling nor any one in this world are rich from gambling or i would rather say that in past i always have the money with me for some party or drinking.But now since i started gambling i never have money with me for enjoyment in my real life  To be honest, reach from gambling can be only casino owner. Possibility of win always against player, so in other words - more you play = more you lose .. Just as an advice for young players..  I think you are right, while they are becoming more richer we are becoming more poorer, that's how it works and not the other way around, therefore our only chance to win is just to win thru being entertain while accepting our loses to minimize and we will not chase loses. |
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I think it's good for investing your money into bitcoin. I predict the price of bitcoin will increase until the end of the year, but for long term investment like until 2017, i'm not recommend it.
Yes its predited that the price will increase a bit more till the end of year but i will not recommend it because nothing can be said about bitcoin and till then 1 btc can be used for a much better investement.But year every one has different views and plans. Investing in buying 1 btc is not a huge risk as we know that bitcoin will not disappear so easily and even if price falls in coming months then we can afford to hold them for a long term. 1 BTC could not be risky for you because you can afford to lose it but for others that amount can be very big and would affect them financially if they will invest it with bitcoin, it's true that bitcoin has a solid market and the future is good but the risk is still their so it is just right to invest what we can just afford. |
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Bank took high fees on transaction,not anonymous,unsecure. I suggest BTC but all people should have Bank too.
There is no need to choose one when you can use both. But just out of interest, what high fees on transactions are you talking about? I am sending out money from bank to bank quite frequently, and there are no high fees involved. And in most cases there are not even fees involved at all. Bank transfers doesn't involve any high fees and they have also improved the speed of transactions so I don't think that there is any issue in using bank services at a moment. That depends on the area you will transfer you banks, and it would only be easy if you transfer you money from the same banks in different branches or location but with different banks you will have to pay for the charges and that is not fast when transferred of money abroad or international transfer. |
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I honestly would not sell all my bitcoins because I think that its just not smart with this price, I would wait a bit longer so you can make a lot more profit.
Most likely the price is also gonna rise so..
I think it would be good choice to hold them till the end of the year as price may rise at that time and selling a part of them at that time can be a profitable decision to make. yes i think its a good idea to hold them but if you want to sell it for now, then i think you can wait for a moment to make sure the price is really increase because before we really sure that the rate is up, we have to wait for a moment. You can sell some of them if you are making profits with current price or else you can keep till the end of the year, and sell them when price reaches to your expected level. Exactly, never sell everything if you do not want to regret in the future, the value of bitcoin is now cheap although it has increased already, just sell what you need because it is just fair to also enjoy our earnings for our trust in bitcoin but make sure you have a good volume of the future bigger price. |
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iam prefered investment
because with investment my money is growth
it all depends upon how wisely you are able to invest ,since you mentioned that you are an investor,it would be helpful for guys like me to understand how you are investing wisely. i have personally invested in stocks but i am yet to study about international investments and i am open to learn new things If you really are interested in investments then i would suggest you to learn about altcoin markets and altcoin trading because these days that is the best running investment thing in bitcoin community because everyone having a good capital is investing in altcoin markets and earning some good profits with time. The altcoin trading could be very profitable. If you bought the Etheruem later last year, you have made good profits. You are right the earning from altcoins are much higher and we can get a big target in a shorter time. We have to select a good altcoin and have to start trading that altcoin and have to invest a good capital in that altcoin to buy andsell that altcoin. and for the assurance of that profit we have to make sure that we do trade with that altcoin only for a shorter time and do not have to keep these coins with us for more longer time as these are chances to each altcoin that someone dump that. I agree because based on the history, only few of the altcoins have a success for long term investment and majority of them are only good for short term, this coins might include the shitcoins because the developers will just leave the project once they raised a big amount already. Exactly its hard to trust any altcoin in long term, as majority of them will disappear in no time and its always good to play with them in short term to avoid losses. Normally if we are talking of an altcoins, it is just a pump and dump game and once you are in you have to play the game otherwise you will not be able to make a profit, it has a big difference with bitcoin because people trust more on bitcoins than altcoins. |
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So 2016 has reached 10th month and we have not faced any crash so far, well I think OP thought it was a mere possibility. I don’t think any crash will come in near future because economic things are seems to be promising and we can see the world is heading towards sustainable environment but still we should plan a good financial roadmap at least on personal level that will prevent us from any possible threats.
If i saw on last halving block bitcoin's price was chrash up to around $250-300/ BTC and it will happen usualy on November, so there is time about 1 month before bitcoin's price going down. So we must be ready for bitcoin's chrash, but it is just my opinion take in easy because there are not people who know about the future.  So you are saying history will repeat itself? That is somehow hard to believe. Seeing it groew to this large price I have been used to thr idea that it will go up no matter what. Still I respect your opinion because we never know what could happen. Yes you are right history will repeat itself and i always use analysis tecnical for making prediction of bitcoin and other coins, but yeah it is just my method for making prediction and every body has method in making prediction. Thank you very much for your method too. I hope it will not repeat this time, bitcoin is a progressive investment and we are going to a bigger success now so if the history happens again, I think the people will already lose its trust on bitcoin, I have a big feeling the progress will be continues and we will not see any big crisis forward. |
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This is true. Aside from doing proper bankroll management, we must also be able to learn how to properly budget our money for family and other things in life that will add value to it. We should not use most of our money as our bankroll - it must be just a portion of it. Each session will have its own bankroll and there is already a pre-bet system that we just implement.
Yeah, we know how to handle financial income we can save more money even if we play gambling, gambling is just a game and we cannot put all of our money in this kind of activities, Yeah we can try gambling but you need to be matured enough before you try because if not you can have a possibility that you can be addictive. yepp with bankroll management you will have to set a limit to lost , good way to avoid a huge lost in short time , and sure make your gambling are safer than without managing bankroll , so everyone agree that bankroll management are a method in gambling? Yes, bankroll management is also one of the best way to save money and not put all money in gambling, because at the first place we all know that gambling is kind of game that needs understanding and we need to understand that we need to accept the outcome of our game. I know that we all need also self-control when it comes in gambling because without that we cannot manage our bankroll safely and we can get addicted easily. Addiction can be one thing for us, but it really depends on the user, especially they are in a state of winning/losing streak. True, it is always depend of a player, if they don't know how to control themselves then they would be probably easily get addicted in gambling. Even how good your method in gambling or your technique but when the moment will come that you will begin to lose control because you let your emotion manage you in the game, you will lose in the end, that should be always remembered by every gambler. Unless if you can make a script and hack the gambling casino Maybe you can make a huge profit but its impossible right now to hack the security of gambling casino many hackers are trying to hack even try debian server to request a balance for their fake account in gambling sites.. maybe before it can work but right now we have high security. Gambling is base on luck and they made it for entertainment only. You will still lose in the end dude, you winning is just temporary because hacking is an illegal thing and the moment you will be caught by the authorities you will be staying behind bars and you will not enjoy your life anymore, it is good to be free in this world and accept the reality that not all things can be done. |
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How to earn money with bitcoin ?
if you wanth growth your money with bitcoin you can trading trading altcoin you can trade in poloniex bitrex or c-cex, because is trade altcoin very fast growth money That could be true if your experience is good in trading but not all people who are trading are really successful, majority of the traders are just following what the tipster would say but they really do not do their research on a certain coins they are trading. |
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So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
This looked like you didn't focus on trading flatform because if you do don't you will not get lose over 7 bitcoin , I had already calculated my coins and it seem that i already grow my coins i already invest it try to invest of your money that can gives you assurance also  If you are talking of investment then you cannot find any assurance that you will earn, investing is a risky thing and you will only be rewarded if you are lucky. 7 BTC is just reasonable, because the amount he deposited is 47 BTC and you have to consider the time element. |
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That would be a good suggestion, if we have the money to be use in traveling, we should do that so we will not limit only our world in gambling, when you travel you will have a chance to meet and greet with people, with that you can have a social life and you will realize that there are more important thing in life than gambling.
Making time and spending time with your family is better than gambling and it will always be better because you can earn memories with them in gambling you can just lose money and you can also lose time for them. Exactly, but you can still gamble at the same time while spending your time with your family, the good thing with gambling now is that you can play it at the comfort of your own home so with that being said, you are still with your family while you are gambling at the same time. |
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i think yes , because any poor country's people can use Bitcoin and can make money throughout the year this Will rise to the economic power of the people and this will reult in the rich making people in that country .
The thing is not all people wants to invest in bitcoin or even care if the price will grow or not, there concern is as long as bitcoin has a value they will transact, and for poor countries remittances using bitcoin is really a big help due to low cost transaction. |
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People still keep saying that BTC is dead just because they are unsure of its price as they might feel they will see BTC at $200 or even $100 someday...
But that's never going to turn into reality for them, they are just trying to manipulate the markets thinking they will succeed with their plans...
Even if they see that price still bitcoin is not dead, as long as there is still a value of bitcoin it will never be called as dead. That is just an imagination of the people who are hallucinating maybe due to bad experience of bitcoin like investing in scam sites using bitcoin as a means of investment. |
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Not true when you have a target to stop after hit your winnings target and when you are closer with your winnings target it will make you a hurry to achieve it and sometimes you will get a defeat because you are not careful.
If I were in that situation, I would rather stop than to achieve that target because I am satisfy of what I have won, I just play for fun and that is my bonus for what I enter, and that is gambling that is really risky, but if you see gambling as a simple game, it will always fine for you to play. Good point playing gambling just for fun will allow us not to be stress if we lose i like the idea if we win it is just a bonus with the fun and excitement that gambling brings. The best way to enjoy gambling is when you are playing in a physical casino with your friends because you will also enjoy on the place, actually when you are just playing online like a dice games you will easily get rage and it will make you decide to choose your bets. |
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Agree, gambling addiction would definitely make us wreck on the long run which we would suffer huge money loss because of excessive playing in gambling and losses simultaneously which causes for us to be broke but if we cant control our selves maybe we would somehow avoided it in the long run.
If we are really addicted in gambling it can really wreck our life, some of addicted persons sells their personal belongings just to gamble and satisfy themselves or just to do what they wanted which is bad. That's the thing that I am afraid to happen in me because it would definitely ruin my life in that case, I would never be addicted in gambling anymore because I am already enjoying it now, before I cannot control myself but now I am more matured. |
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The bank is safer but with the bitcoin wallet you can way better make profit because its the bitcoin.
Its just how you are wanting to spend your money and if you want to take some risks the bitcoin can be controlled by yourself.
If you do investing and saving at the same time, I think you do not need to choose between the two because the two have their best unique purpose, we are using banks to protect our money while bitcoin to cater our investment, that is the simple explanation there. |
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yes bitcoin is good long term investment as you can take your coins when you are satisfied with your profit amount because you will have profit gurrentied
bitcoin is a good whenever you use it bitcoin can long lasting bitcoin can do many acitivities mostly is trading , because trading nowadays is really profitable if you do short term of trading because its not that good when you gonna wait it for long term making profit is not that easy too where you could lose bitcoins That's the normal procedure in trading, we are doing it for a short term because most of us here are day traders, it is true that bitcoin has help traders to make money because the price of bitcoin fluctuates so much and we can make advantage on that. |
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They don't i think you're the one who are telling it that bitcoin is dead now anyways if somebody tell you that bitcoin is that thats not true bitcoin is still alive and bitcoin will increase based on the demands and needs not on how many people are using it. That's right, people who are using bitcoin are getting the satisfaction of its benefits because by using bitcoin we have the freedom to enjoy transacting online without any limitation, and also we are able to invest that we do not usually do before. |
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