Perhaps it's not a very good idea to take such measure now. The high volatility can bring too much instability on your earnings, not only positively but also in a negative manner.
If you just accept 10% of your salary in bitcoin. That is similar to buying the bitcoin and invest in it, it could be a good idea. Yes indeed that would probably be the best solution, just have a small portion of your salary in Bitcoins it doesn't matter how much as long as you have enough in fiat to pay rent/bills and last you through the month. You could literally forget about the Bitcoin and just let it pile up, that's what I would do anyway. I would only have look at my stash and its worth in like 5 years or so  That's something anyone can do though, even if you don't get paid in Bitcoins. You just have to be disciplined and consistent in converting a fixed percentage of you salary every month. That is just manageable in my own opinion, instead of spending that amount to worthless things better hold it for the future, just do not thing to much of the amount you invested because time will come at the right time that you can accumulate already a big amount and that would help you to be rich or achieve financial success. |
|
|
|
Maybe can disappear but not this time maybe it takes a years from now. All we have to do now is keep on supporting bitcoin while its doing great now and keep on earnings bitcoin. If bitcoin disappear maybe your are rich that time by earning all your income here in bitcoin.
Yes it will takes year before the bitcoin disappear for real but if theres no reason why bitcoin is disappear then bitcoin will still alive for long for sure and hoping that bitcoin will never die -_- because i am depending on bitcoin right now and bitcoin will be long term for sure if there are more investors to come Everything can disappear in this world because there is no permanent in the first place, but if we are talking like a real analyst here, I do not think it will just disappear, big holders are already enjoying their continues profit on bitcoin so they will push bitcoin to the limit until the amount will reach to the moon. |
|
|
|
I think holding bitcoins could be a potential way to get rich only if the bitcoins price reaches very high level, otherwise you may earn some good profit, but I don't think this will make you rich.
There is definitely a good possibility of getting rich, but for that you need to have hundreds of coins that you will have to hold for many years. If that isn't the case, then you can make a good profit for sure, but you'll not even come close to getting rich. This is something that people shouldn't be focusing at these days. It's too late for for the majority of the people. The method is already written, the only problem now is our inability to take that in action, that should be carefully analyze for everyone who wanted to be rich, that will not come in an easy way, we have to work for it and take time to reach our goal. If you learn how to risk then you have a chance to be rich. |
|
|
|
please remove your an account in the site gambling to stay away from gambling
and life in the real world with your friend or family. you will forgot about gambling.
By removing account on gambling website is not the solution to quit gambling if he relly wants to quit gambling then invest all his money on gambling website if he can defeat it then join the gambling website try to invest and get your percentage of earning there , and try to find some really money making . Definitely not because anytime you can still create another account in any gambling sites, the set up is easy as 1 2 3 so that would not world IMO. The best thing you can do is to ask help from your friends and let them part of your development to help you quit on gambling. |
|
|
|
I think that there is no well-defined formulas, if there were everyone would be rich. But I'm sure that the first step is manage yourself financially. It is required to be completely aware of your own money and, of course, where your money is going.
Yes and you cannot depend only on single source of income to get rich in future, you need to find multiple ways of earning it which can increase your financial wealth over a period of time. I think more work in order to earn a larger income serves to increase the speed of you to be rich. but if you can only do one job only is it not a problem? but the time required would be much longer. because you're just relying on one income alone The only thing that makes me realize is that I cannot be rich when I will be just an employee for the rest of my life. I need to have my own business and used my skills than letting others rent it for their success, I need to take the risk and I am working hard now to be able to risk a capital to start a business soon. |
|
|
|
I think the best way of steady income is to just do trading in order to make profit
Trading isn't so safe mate, there is some risk of losing and its similar to gambling especially if you haven't enough experience and knowledge about it I think trading is much safer then gambling as in trading you are not totally depending on luck factor to make profits, if you do good research then you can surely minimize the risk of loosing them. The real thing is that gambling is not a way to get a steady income not even some part of income. It is just a mean of entertainment at where when someone feel bored then they come and play some games and get entertained. But trade is a mean of earning a source of income. Lol I think here we are discussing about how to earn a steady income in bitcoin, while gambling and trade is not a method that matches this. gambling ? even you do not know will win or lose? trade? you do not know when the price will go up? you will not get a fixed income with this method Maybe he can make steady income from gambling and trading, seems like a gifted person, isn't it? I think that is possible if that is really your line and passion, but for ordinary person especially the newbie we do not consider that due the risk involved as we are not risk taker by nature. |
|
|
|
A relatively good way may be signature campaign, for people who are starting their new journey into btc world, because it can helps them a lot to earn btc without complications. I also suggest to sell service to other members like offering your programming skills or web designing and get paid on bitcoins.
I hope to have a programming skills but unfortunate I am just an accountant, I think my skills are not in demand in here but I could say I am quite good in ready numbers so trading is my game, that's how I grow my money. |
|
|
|
In my opinion most of the channels that are open for earning some money with bitcoin, earning from faucets, especially with the now low rates, can be a very frustrating way to earn. Perhaps trading is the best option, despite the risk.
faucet is very low earning if we compared with the current rate, but in future if bitcoin price rising to $1000, i think 1000sat is a good amount for solving 1 captha  Agree, faucets do give only small amount because owners does make adjustments depending on the bitcoins price. As you said it would increase $1000/btc then for sure those faucets owners would decrease their rate per captcha solve since they matter on bitcoins price. Faucets are just a waste of time for me , its better to join in signature campaigns than to waste my time om solving captchas  .. Theres a lot of ways in fact to earn bitcoin here in online world. In the end we will still realize that we are wasting too much time in faucets just to earn a little amount of money, we live in this world once and we cannot live forever so it is just right to do the right thing that could utilize our time properly while maximizing our income. |
|
|
|
Many people pick both bitcoin and gold, and me too. Both are good and why not pick both if you can pick both. Using bitcoin for investment and currency, for gold, using gold for long term investment, good combination right.
Both are really good, but let us be realistic here, majority of us here does not have the capacity to invest in gold because we are not born rich and that's why we are here because we are hoping that bitcoin can give us fortune, so in short we are only capable on investing with bitcoin. You are right, majority of us doesnt have the capability to invest into gold since as we all know that gold is expensive and we couldnt afford to buy huge or bulks amounts of it. In fact in bitcoin we could able to buy small amounts. Regarding in price increase they both increase its price but in bitcoin does have an edge since price movements is seen almost everytime unlike on gold which its value moves a little in a period of time. The expenses in investing gold does not end in the buying transaction, you also need to safeguard your asset and maybe you will buy a safe vault to safe keep your gold and that entails a lot of money as that is prone to robbery if someone detect you have a valuable asset on you. |
|
|
|
You would probably need around 10 Bitcoin at the rate that it is going, 10 Bitcoin will be worth a lot in 20 years.
how much do you think it is going to worth in 20 years? many say $4000-5000 so only if that happens you will have 40K-50K dollar and that is not such a big amount to retire now with especially with the inflation rate in 20 years. so assuming the price is not going there and the inflation is still there i say you need a lot more than 10 bitcoin. That price range could happen if we continue to progress, bitcoin has a good future because we are increasing in numbers for the adopters, it does not need to be regulated for this people as long as it is not declared as illegal we will continue to use bitcoin and merchants that time will also increase IMO. |
|
|
|
Some the best I find are ( fairly new to cryptocoins only 9 months)
Xmr
Ltc
ETH/ETC
Dash
I also like bitb and blk and xmg as pos coins. They have seen good stuff going for them I think.
You have a great selections of altcoins truly worth buying, though you are fairly new you have the skill of a veteran altcoin trader. I would only choose 2 for the moment, it is none other than ETH and XMR, I believe this coin will have a great future, they have the biggest volume so far in the poloniex so that means people are supporting it. While in yobit, I also saw that ETH has the biggest volume so I guess they will be both a success. |
|
|
|
The best investments that you can make, in my opinion, it is investment in Bitcoin and that has potential to give good profit in the future. But we never know what will happen, of course, with the value and that's the problem. We will see what is going to happen in the future anyway.
that's obviously investment,everything is uncertain,by investing you can lose it all the time,sometimes get scammed,the project is failure or anything else but the profit is seriously good if you just find out the right place to invest and the project was success It is just really hard to find the best one. We could criticize it all and would never find the one that will really boom at the top. They say ETH is almost at the peak of being on the top but I still believe that bitcoin is hard to reach. Before that will happen it will take a long time. Although bitcoin has already achieve a good success I still consider bitcoin as the best investment because I can still see it has more room to grow. I like what I am seeing daily because people here are very active and that what makes bitcoin as success because of its solid supporters. |
|
|
|
i think you should always start trading from a low amount, as you will have no experience in trading therefore if you will invest a small amount,you will not e so much worry about your investment and the second is that you will get some experience.
Yep, that's the point there .you got it right ,you will need first the learnings from your mistakes so that minimal amount is not frustrating at all if you lose ,the point is you use that amount to start to earn and to learn .there's a quotations 'learn before you earn '. Trading isn't about how big you will spend its all experiences you've taken and the skills you will applied. If you can join a signature campaign the better, there is less or no risk at all because you do not get a money from your pocket instead you earn it by working and that amount is already a good start for trading and who knows if you can grow that amount and make fortune on it, everything is possible. |
|
|
|
It will be same as the year before and the year after, some predict increase in bitcoin value, some say decrease, even some people will say it will be dead, new start ups in bitcoin, some hacks and losses, some scams, etc....
but i was never able to see what will be position of bitcoins before it actually happened, because the population using bitcoin is not low as last year or the before and no centralized organization or group to dictate the terms of bitcoin, so prediction doesn't work the exact way some one predicts
I think we will know after this ends year, but what I know is we have a good year this year so I just hope 2017 is a better year than 2016, if we cannot achieve the $1,000 this year maybe in can happen on the year 2017, how would you like that? For sure I will sell some of my bitcoins to enjoy my profit if that happens. |
|
|
|
bitcoin has became inevitable part of digital currency .only people who doesn't understand said that bitcoin is dead.though its price is unstable but every altcoin is indirectly dependent on it for exchange.
They do not understand because they think bitcoin is HYIP and PONZI without knowing that those are just a scam websites who are trying to use the currency to collect fast and easy money or bitcoins, if they will try trading maybe they can change their mind and understand. |
|
|
|
Bitcoin is my soul because i earn about $50 monthly and that's a great account which is enough for a teen guy. It's enough for me which is pocket money and also i can save some for future usage so definitely bitcoin is of great value in my life. I don't know what other guys are thinking about bitcoin but i will always keep bitcoin on top list of my do to list.
Wow!! $50 dollars a month wouldn't be enough for me... That would just be three sets of guitar strings+picks and few beers... Maybe that is why I am still at my job up to this time...  But anyway, I am keeping bitcoins and using it because of its value, it's high and it keeps on increasing, it's more like an investment to me, there's a big chance that you will earn from keeping it unlike fiat... The amount is enough or not is just depending with where the people's living and their environment, maybe if we are starting discussing $50 in Europe that is would be meaningless and will different if discussing it in the 3rd country. Agree, it would depend on which country do you live in that amount would be either decent enough or meaningless . Bitcoin for me does have value since i could earn somehow with it and im saving up as much as i can because of hoping that i would make decent profits with it in near future. That's the best thing to do when you are earning especially when you have a job in the real world, we should learn to save although we have the blessings of addition income, it is important that we take the opportunity to the fullest level as opportunity does not come all the time, at least when we are not earning anymore we have a savings to use. |
|
|
|
I never tried trading nor gambling so i dont have any idea to share what the difference between that too but hoping soon i will make my first move to do trading and gambling i already read those gambling website where i can start playing it and the mechanics are really looks good and in trading im going to ask my friend who are trader since 2014 i think he got some ideas to share with me hope so.
Well, since you have no idea you are suppose not to participate on the discussion because you are off topic, but in any you have a relative discussion somehow, my suggestion to you is that you should try both so you will know the difference and you will become a certified risk taker. |
|
|
|
if some one can give me guaranty about the fixed income from bitcoin then i will quit my day job for bitcoin, but i think still i can give good time to bitcoin if i even not quit my day job.
yes, it is safe to keep your job. If you could have trading experience, I would say yes, but without experience should not give up your job. Lol I think there will be no one who can guarantee that you will get a fixed salary in bitcoin. even many people still trying to earn a living in bitcoin Lol Its not possible for everyone to earn a living with bitcoin as for that you need to earn good amount of coins in regular basis but the earnings may vary from time to time and that is really risky. if the person does not have a job or difficult to get a job and there is no other choice, I think they would earn a living of bitcoin and it was the same as what I did when first using bitcoin and do not have a job. but if you have a job, you do not have to take the risk to quit and earn a living in bitcoin. Yes if you have a good job with descent salary then you can't take risk of quitting it as full time job will give you stable income which is not possible with bitcoins. That depends on your ambition in life, me I have been working for many years and I have not reach my ambition yet. I want to have a good future for my family and I believe I can only achieve that if I will choose to quit my job and focus on business and I think staying in the bitcoin world is a way of business. |
|
|
|
I will buy bitcoins if the price of bitcoin is decrease 10% or more depends in the analysis in the chart.. we can not know the exact time but its my margin 10% to buy and sell it also for 10% increase..
as a trader your action is obstinately correct.. 10% low price is good if you can sell imediately after price increase. I mean if you buy 10 bitcoins when 10% price drop. and when 10 price increase then selling 10 bitcoins is would be difficult that time. That strategy does not work all the time, it is necessary that you have an idea on what you are buying, if you are buying altcoins and you just follow that method without studying a certain coins, you might be in danger because base on my experience when LIR drop, I bough some but now its dead almost. |
|
|
|
How to get bitcoin could grow to become larger without the risk is possible if you have a skill you can sell your skills, because it is a very important advantage. All that is in bitcoin if it produces a larger average is very risky as in trading or investing in the casino. It was a big risk but if successful will generate a huge advantage.
I see investing in an online casinos is less risky than trading, because if you will analyze closely, gambling sites are very profitable and the trend is very consistent that gambling sites do win all the time, while in trading you need to have your skills before you can success. |
|
|
|
|
Show Posts
