No, i won't. Because in my country bitcoins is not popular so i can't spend my bitcoins. I prefer receieve my salary on fiat, so i can use my money directly. No need to exchange the bitcoins into fiat first.
Yes and to prevent a hassle one since salary will be used the moment you receive it. If people wants bitcoin then just buy it using some portions of the salary. It's way more less hassle. Salaries are meant to cover all our daily needs. If there's an extra then they may consider to buy bitcoin. The fact is that most of the people who are working for a salary are those who are in need of money, so majority of us are receiving just enough for our daily expenses and we don't wanna mess that up when the price of bitcoin drops if we will agree to receive in bitcoin. |
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If we are to base our decision on the past performance of bitcoin, then I think that it is a good thing to buy a bitcoin for long term holding. On the average, bitcoin increases by at least 20% annually. That figure is no joke and it is as if you could double your money in just 5 years.
And the good thing is that when you do not withdraw your bitcoins you will continue to benefits on the success of bitcoin. You will be receiving a compounded interest if we are talking of at least 20% per year here. |
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If we take as a basis for my national currency, the big difference between Bitcoin and the dollar does not. What one currency that the other almost inaccessible.
You are right and the fact is also that USD is way more used because its still bigger right now and more stable. The bitcoin will lose because its not seen as a currency and its also depending on the dollar. thats true, but i think in the future the price of the bitcoin is going to grow and it will become more popular For me it is not a good thing that we are going to compare USD vs bitcoin because they are both useful and doing good to all of us. And besides the price of bitcoin is depending on USD so it is playing an important role for the exchange of the bitcoin. And yeah, I believe that too the bitcoin is going to grow and going to be used by people all over the world. I agree with you because bitcoin will not progress without USD, US has one of the biggest supporters of bitcoin therefore if we lost them it will affect the value of bitcoin and we might see another big crisis. |
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neither , i started gambling way before bitcoin. When i was introduced to bitcoin it was for investment purposes until online bookies started thats when the two came in together
Majority of the people here who are on board are already a gambler in real life and that is the reason why the gambling industry using bitcoin as the means is booming, it happens because we supported it and we lost most of the time which makes the demand of bitcoin increases. |
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I agree with what you've all said sir. Nobody wins in gambling because there's no such thing on gambling. Most of the people who do gambling thinks that they are lucky whenever they win, but is it really their luck because they win? I think it's not. Letting them win is just a plan of gambling houses like Casinos and so on. They are doing this on purpose in order to the gamblers get more addicted on what they are doing but most of the gamblers are just ignoring this fact about gambling that's why most of them ended up from a rich one to a broke one because they've loss all of their money and all their property in this stupid way of earning a living.
yeah, in gambling it is impossible to have a strategy that never fails so i think it is better to just not play gambling for a long time Well we can't simply stop addicted gamblers and say that 'don't gamble if you don't want to lose' because there is an extreme feeling that they are not able to survive if they are not going to gamble. And I think that gambling is just designed for the gamblers to lose whatever is going to be their way of winning still in the end they are going to lose. Losing in gambling is acceptable if we only lose the amount that we can afford to lose, that's is the basic principle in gambling that everyone should follow because once you lose your money not intended for gambling you will really regret the time you know gambling. |
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Whatever our status in life we should consider saving, and that should be our first priority when we are earning, investing will just follow if we are able to successfully save base on our goal. The amount should matter because part of our savings will be use for our capital in the future for investment.
That's why people have to study all the things revolving around their financial status so that they can make a broad plan on how they will save or used their money in a wiser way. Source of income is really the important thing here as it will dictate how people will perform both saving and investment. Having a stable job is already a good source of income, if we have a good job and yet we do not have a savings then maybe we should try to consider start saving now because that is our only chance to be part of the opportunity to invest with bitcoin. |
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I'm not buy bitcoin. i get it for free from faucet, Giveaway, signature campaign, trading and other. if i can get for free, why should I buy it? haha but it's will take a long time to get 1 btc. so this way is not recomended if you want to get more btc in sort time, i suggest you to buy some btc and trading for altcoin.  Why should you buy it? I understand that you are still a newbie and you didn't know the importance of buying bitcoin but buying bitcoin will give you more earnings. And besides you don't need to use your fiat money here since you can circulate all your earnings. And besides you talk of trades, so I think you know what will be my next statement.  There is no restriction here on our ranks, because even newbies are not newbie in real life, we know bitcoins even before we are here because this is not the only forum, but it is just good to stay here because we can develop our skills if we will apply all the knowledge we can read. |
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Simple, just work hard and save money for future
Yes, it's a very low probability of falling out of the pie in the sky, Only efforts to make money is the most practical Well, if you will not work hard you will not gain money that's the reality as even the rich people now started from being poor they just change their lives because they world their plan to achieve their dreams, if they can do it then we can. well the power of will can make it us successfully making hard research and deep study on hope to achieve it would helps us a lot, bitcoin investment can be a good venue to make success if we can learn deep into trading, alt trading to be precise chances are big for those who can study hard and learn to read the movements. There's no reason to look for another investment opportunity because you are already here in the crypto world and investing in bitcoin alone is already called a great opportunity, you should not miss this once in a lifetime opportunity, so grab it now. |
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If such a thing exists, then gambling wouldn't be that attractive, in my opinion. It's the risk involved that makes gambling so addicting. There maybe times that you think you can win forever but luck always runs out on all of us, sooner or later. Better to just gamble what you can afford, keep it fun and just don't dwell too much on losses.
Actually it's not just that it is thrilling why there is no safe method to gamble and making it attractive and addictive, it is also the reason why gambling sites exist and survive, when there is a safe method to gamble or only have few chances or losing, where will the owner of the gambling site will get the fund for its operating expenses... Or we have to say it on the other way, the safer side is on the gambling sites or the operator so if you wanna be safe financially, the best thing to do is maybe is to do not hesitate to invest in a gambling sites, you will win most of the time just like they do. |
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I am already doing a business with bitcoin, i have invest in bitcoin 25% of my assets, i do altcoin trading and i also hold some bitcoins for increasing price, So simply i can say that i already done with bitcoin into my business and continuously i am making money with it.
It is good, to do business with bitcoin, because in business bitcoin is really helpful for us, because most of the time, we need money, and also transfer the amount to anywhere, so in this way, bitcoin is useful to do it also without any problem. But accepting bitcoin should have pros for a business to and if not many people use it its time and energy waste to use it as a payment method. When more people use it then it's worth to implement it as a payment option. It's always worth it to have Bitcoin as an optional payment option in any kind of business. If there is a period that no one is using it to pay with Bitcoin, then nothing happens since it doesn't cost you anything. You only pay a small fee for the conversion of BTC to fiat when you use a service such as BitPay to handle all transactions. With accepting Bitcoin as payment option you make yourself ready for potentially more revenue. You are right, its better to put a bitcoin payment option on your business even though bitcoin isnt popular on your place since it wont affect your money after all. but the big risk here is when you intend to accept bitcoin on your business the price movements would affect your income too. Well, before you decide on that you already determine the risk of accepting bitcoin and enough for the bad thing, we should think of the good thing, and the good thing is the price of bitcoin is increasing so your sales or whatever you call it might also increase. |
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i don't think it can because to give everyone in the poor country the ability to send and receive bitcoins. it would require internet access all over the country and everyone would need a smart device. bitcoin is the currency of the future, i dont think it fits best for third world countries.
No, you can send and receive bitcoins without internet using a 3rd party. 3rd party? Can you tell what is that? Bitcoin is useless without internet. Even they can send this possibly without internet, how will they able to use it without an active data connection? I think they are saying something like speculation, for example you paid to a 3rd party buy the bitcoin for you, and you store it in a pen drive for example and keep it safe for 10-20 years... However I don't think it's a solution. We have to accept the fact that bitcoin is only for online transaction, and since majority of the transaction in this world are not made online so it would not help the majority of people, the only people who will be benefited with this is those who regularly do online transactions, remittances could be a great help for the poor countries. |
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the future potential and this is one of the best ways to have fiat money like dollar, euro. in Venezuela if you don't know find these is kinda hard.
It means it really helps a certain countries economy, well, I say bitcoin bridges the fast transaction online for all the countries and this will be more successful in the future as many people will adopt because of the amazing benefits of using it, we should buy now to invest and be part of the success. |
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thats right, it is better not to invest in a things you are not sure about, in my opinion the best strategy is not to invest What? The best strategy is not to invest? I can't believe that someone is saying that type of strategy for people who wants to invest. And if there are no investors then there is going to be no movement in the cycle and economy of bitcoin. For me the best investment strategy is that always think about profit and treat your time as gold. At some point , the post is right about not to invest in a things people are not sure about or doesn't have any idea what is going on. Some people just doing the same investment because they saw others doing well in that kind of investment. If that person really wants to have the same investment then they must conduct a study and research first so that they are well prepared before going in an actual one. If you will not learn how to invest that means you are afraid of taking risk, and if you will do that you will never achieve your dream if your dream is to have a financial freedom in the future, you will just live a simple life using your savings if you have, maybe you will just realize if something bad came up. That's why Im pointed that people must conduct a study and research first "on those things they aren't really sure what investment is that". If they choose those investment that they really known well then they can proceed quickly. But for investments that they just saw to others that it gives profit more but they didn't know what is that then they have to consider the things I mentioned. There are many investment opportunity our their but to be a good investor you cannot just invest to all of them, you need to evaluate what kind of investment that fits your capability and your financial status in life as that entails money as well. |
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Price of bitcoin shows the value of bitcoin if the price of bitcoin is very low it's not attractive for people to buy 1k bitcoins and only have a euro worth. If the value is high it's more attractive for users and investors.
Exactly, and also if the price stays stable on one place for example if the price stuck on $500 and never moved up and down, no one would have been investing this much as much they are investing now because they wouldn't see any progress but now when the price is fluctuating it attracts people because they see potential of growing in it. While bitcoin value increases means increasing demands sometimes when its value decrease it's due to some setbacks like possible hacking, security related or some countries sanctioning a ban on bitcoin use. Even with those possible setbacks people continue to use it because bitcoin is the gateway to altcoins although nowadays we can also see some sites considering etherium and others but still bitcoin is the best standard currency on cryptocurrency. Well, if the value decreases but the demand increases then that is what you called there is a big manipulation in the market, the whales are doing their thing as usual to benefit from panic selling, and I just hope the volume of adopters will continue to rise faster so they can refrain from manipulating. |
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If i were in desperate need for money then I'd borrow. I mean if there is no other way and i really NEED it so if it's crucial then ill borrow.
But ofcourse I don't allow this to happen or I try to prevent it as much as is in my power.
Borrowing mostly increases your stress level as you will always be thinking about how to pay the debt back after you have borrowed an amount from someone, so for being safe from this stress someone should always have some savings from his salary which he can use when he is in desperate need of money, that would be way better than borrowing from someone. What if you have no option anymore, remember that what we are talking here is when we are desperate need to money. What if it is between a life a death situation, if we are in the situation we will not think of the consequences anymore as our goal is only to look for money regardless on how we get it. |
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I will choose bitcoins over gold and the reason behind this is that i know about bitcoin pretty well and know different places where i can invest my bitcoins and use it for multiple purpose but gold i dont know what to do anything with them,just holding them i think.
of course bitcoins over gold all the time, bitcoins can actually make you some decent money while gold cannot Gold can also make you profits but that profit wont be as fast as fast it can be with bitcoin, and one thing is for sure that if gold does not provide quick profits but it is more secure than bitcoin because bitcoin is a digital currency and anything can happen to it anytime inspite of the success rate of it, while gold is something that cannot go anywhere at all, so in security gold is better than bitcoin, but in terms of profit, bitcoin wins. The profit of gold is continues because gold keeps in increasing its value, maybe we are just too optimistic that bitcoin will be a big success that's why sometimes we are so bias and all we see is only the positive things that will happen in the future, my advise is we also reserved some doubts. |
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Cutting rewards for miner's means less supply, if demand stay the same or goes up, price should go up, economy is clear about it. So halving is created bwith some meaning, in the end it should be good for bitcoin, we know there will be limited amount of bitcons, and lot of us here think that exactly this can make price go up like rocket one day.
Price is going up every year, even this year halving brought a pretty high price in my opinion It is only in your opinion (personally, I would call it a dream, or a delusion). The price has been on the rise over the last year only. Before that it was going down in wide swings, again and again, for well over a year and a half. Strictly speaking, it is now again going south with minor corrections after the highs reached in June this year... As much as I would want the price to rise further myself, I would, nevertheless, refrain from getting lost in wet dreaming Well, we have our own opinion, and what you are saying here is just based on your point of view, nobody can predict the future of bitcoin and even the smartest people, all our prediction is based on what we read in the past and the current market performance, but I do believe that the price will not fall back again like you said will happen. |
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Yes, everyone has a different strategy to gain advantage in trade. When I first started trading I deposited for trading in small quantities. Because my friend tell me if the early start perdagngan start of keil figures for trade at the beginning of it is learning to recognize trade. I immediately sold when I get enough profit and I do not dare to resist for a long time because I think it's very risky.
of course, everyone has a different strategy. then what is the answer to your strategy of the OP's question? My trading strategy 80% of the information(twitter, rumor, in this forum, group trading) and 20% analysis techniques. My strategy analysis 50% of the direct view whichever is more productive and more then 50% of the information I was looking for. I also deposited in the trade in small quantities, but I often do a better trade because I get a small profit but very productive. Me, I am a very busy person but I love to trade, therefore I just follow whatever the majority in the group will say, I believe that they know better because they are full time while I am just a part time trader, but of course I select a group of reliable people and now I am still in profit overall. |
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The big question is, why would they manipulate, do they get more than they can get if they will not manipulate. I think that should be realize by the OP, and when you are a trading site your reputation is very important so you should maintain your good reputation to protect your investment and continue a profitable business.
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I missed when bitcoin price drop to 200 USD couple years ago! That was when I still at school so had a very limited money to buy it. Sometimes I made mistakes aswell. I sold my bitcoin and a week after I sold it, the price move up significantly.
I hope we know the future, that's what I am telling that we cannot ascertain what will happen in the future and if the other way around happen maybe we will regret of not selling, I think as long as you profited from selling your bitcoins that time we should be thankful already. |
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