Maybe, when they have no choice and get source and idea how to earn money from bitcoin, I think they will try it and if they get some assurance that they can make money here, they will have more interest and focus on earning bitcoin to provide what they need. Also if they want to learn and decided to join here. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) That is right. Need of money can push us to find work like here in bitcoin because there's no need for qualifications to get in just have information and knowledge how to handle things here like trading and joining in campaigns. Through hardwork and patience unemployed person can have income more than the amount of salary he gets from working in the industry.
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Some people says that the wrost thing to do is leave your bitcoins in some exchange. I have 200 usd of btcs in Payeer, it is a online wallet but it also has a exchange.
Do you recommend to me to move this bitcoin to a wallet like Electrum?
If you are using it for daily trading, you gotta leave it there and maybe move your capital to a private wallet for safer storage after you must have made reasonable profit Agree. When doing trading, I leave the amount on the exchanger but make sure that the exchanger can be trusted. Sometimes I keep active and watch the status until the exchange can get this make sure that the amount will not be scammed. I used to trade the amount that I need to buy things and the save the left amount in wallet that provides private key.
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I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
everything that has risk is gambling, the risk of losing and the benefits of winning, it goes with any other type of investment whether if it is business or just share of capital. It is unfair to use it as a description just for bitcoin in which even life itself is a gamble, losing is a part of lifQ and investing to bitcoin for me has a better odds of winning compared to other investments. All ways of earning profit gonna take a risk to have it. Maybe bitcoin is used in gambling but bitcoin is not a gambling. It both taking risk but in different way. In gambling, when your not lucky on playing and never stop, you gonna lose everything while in bitcoin, when you invest and the price pumps down, it is not lose of profit instead you will hold and wait for the time that the price rise again.
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It wasn't that bad actually, lucky for me I had a few friends who guided me on it, I am thankful to them.
lucky for you but me when i am starting i have a friend who told me about this forum he only guide me how to register, only a few tips and that's it at first it was so hard for me because i don't have any knowledge about bitcoin but in order to overcome that difficulties i do self study and do a research about bitcoin They are good for sharing the knowledge and information about bitcoin. It is good to be guided by someone but it is for us to learn things and do own research about it. I was also guided by my friend on registering in this forum like you, just get a tip where to post and told me not to look like a scam post. I read and learn in the forum since they provided everything that we have to know.
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Bitcoin has been impressive in a lot of ways since it's beginning but the one thing that blew me out the most was the ideology. A foolproof peer to peer online transaction system based on blockchain technology was just a beautiful set of works executed and implemented by Satoshi and no wonder it has already made its mark in every field it is being used in.
Actually, I am very impressed in bitcoin since it helps me to gain and make income. In addition to that, I also impressed in bitcoin because you can use it in different kind of transactions. The most thing why I impressed in bitcoin is the price and the money that I could gain if I use it. That is right. Bitcoin is impressive because through posting and joining signature campaigns, I earn income which I can use to trade and invest. Taking bitcoin to change into local currency to buy things and pay every expenses from my own hardwork. Bitcoin price as well as the way of earning it is really impressive.
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Bitcoin has pass through many stage, limitations, attack and forks issue but its price keep on increasing from inception till now. At this time Last year bitcoin price was $450 but today it is $1245 that was over 180% increment in just a year. This is what we call blessing, that is making progress in the face of strong opposition!!
The bitcoin is the reason why I have now hope and faith that I will become a successful person in the future. I have now many money because of the bitcoin and I know it will become double if I invest it in the cryptocurrency world. Right. Bitcoin is a blessing because it gives us hope and opportunity to earn money through different ways. It gives chance to everyone to change the status of living and spread awareness about the benefits of crytocurrency. Through investing and wait for the price to increase, we can get high profit and it is a blessing to be success in life through bitcoin.
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The main reason is certainly more practical, we all know that bitcoin is easier to use for online transactions compared to bank transfers, besides bitcoin also become the hope of future investment.
you are correct there.. bitcoin, being a limited resources, offers a good value versus like the fiat money where the government has really no limit of producing it and so inflation happens.. With bitcoin, it won't happen because it will stop producing once it reaches its max cap. Bitcoin can use for convenient and fast transaction where is more secure as well. More person prefer to use bitcoin despite of its value is pumping up and down because there are always a posibility that during its down, the price will get high in the future that can gain more profit when taking investment on it.
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In my opinion bitcoin will not be used for everyone, in any year. It could be a good money system accepted on lot of countries, but people doesn't want to have only one option.
Yea exactly you are right. In the future, it is obvious that the use of bitcoin and other cryptocurrencies will increase. Many systems are adapting to the crypto even banks. But there will be always some conventional people who refuse to use the bitcoin. Think about those who are not using a credit or a debit card. I think bitcoin will be famous and popular to people when 2022 comes. Even banks will accept the crypto, it will not change the fact that we need to convert it into fiat that is acceptable in small enterprises. Using bitcoin is depends on the country, on the government if give way to legalize and accept the currency but everyone can access and earn from it. Have investment today so that when 2022 comes and the price of bitcoin higher, it is the way that you can double your profit.
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Hi , I'm new so basically I still have a lot to learn about the cryptocurrency , but I would like to know if it would be possible for the bitcoin to start the downfall ? I mean like what scenario can happen that the bitcoin would be pushed back like 5-6 years ? Sorry if my post is in the wrong place or it's not relevant.
i think no, because bitcoin is a currency just like money and even if the value of bitcoin decreases it will still have a value. but if that woold happen for real i guess most people will stop using bitcoins and move to another coin with a much high value like etherium. bitcoin will never lose its value. Bitcoin is rising again in the market and retaining its value in market so this will never happen. People have started again believing in the bitcoins and now they are investing in it more. People use these bitcoins to save their future and to earn money online. There are many people that uses bitcoin and investing into it only it's price is dropping down but I don't see the possibility of losing the value. We cannot predict what will happen in the future as well as the technology as it change and how the government will handle this currency. Focus what can do today to gain more profit before it going late to invest and use the coin.
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Maybe a lot of people choose to save their bitcoin in their wallet for a long time to earn a big profit. That's is one of their technique or strategy that may help their investment to be more profitable. People keep their coins in their wallet because they are waiting for the price to rise up more which will double the amount and gain more profit. And also prefer to save because it is much better and safer from scamming and other fraud that cause to lose the profit.
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i see price dropping for most of top alts, is it right time to buy? or wait ?
If the price drops drastically then this is the right time to buy altcoin, but you have to be careful, do not be fooled by the price down! if you already feel confident, then that's the right time .. I think it is the right time to buy some alts because to price drops down. It is good opportunity but be smart on what coins you have to buy. Choose coins which you think you can't lose to invest and gain more profit.
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Convincing people to invest in bitcoin will be much better than convincing them to use it. When they see it increase in price they will have enough temptation to use Bitcoin. That is the easy part. The hard part is getting them to invest initially.
That is right. Because bitcoin takes time to collect, we must value it and instead of thinking where to use it first, we must do investment of trading in order to gain profit for the growth of money. Pruce of bitcoin is increasing ang wait till the time come that it will double the amount.
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I have think of it and i have save up bitcoin just a the small amount because i have plans for it to have fun like travelling didn't even save it for future purpose. so i wanted to know what are you going to do with your bitcoin if you save bitcoin. Why do you save bitcoin for? and why? what is the purpose why you save up bitcoin to your wallet and not to spend it.
I save bitcoin for two facts; one for have fun, and one for the future. Sometimes you need to have fun, because as a teenager we need to enjoy our life for being a single and no worries in life because if you become older you will spend your money and time to your family especially to you future wife or husband and future children. I save bitcoin to be spend later for enjoying life after making investment and gaining a profit. After of all the hardship that I maight encounter in taking the risk of trading and investing and have a lot of money I want to spend it to things where I can have fun and half will do investment to continue gaining and have stable income.
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
I think for getting rich just by earn bitcoin for free is will take long time I am get bitcoin maybe only few $ for a day and it only can pay my online bills I think yes, but you must take along time or year to get a huge income came form bitcoin, just work little hard to earn what you needed then i think you can achieve your goal. Getting what you dream for is something that have to work on. Dream can be achieve when we exert an effort today, hard work and patience. It is possible to get rich in bitcoin because there are people who are already rich in bitcoin through investing and trading. We can do the same and we can do more for us to achieve what we dream no matter how hard it is to be.
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Hi guys ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? I plan to earn more bitcoin then if I have enough bitcoins I think 50% is not bad to convert into fiat to star a business because I want to have a business in the future. It will also help me to learn how to manage my moneu properly so that I can apply the techniques in earning of bitcoins. Investing bitcoin in different way can gain more profit in the future when become successful. I also plan to build a business for my parents to manage, I just give them the capital. Some amount is invest here for a long time or more than years since the price increases and more increase in the future. For today, I am collecting bitcoin through signature campaign and other bounties.
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I think the best way for steady income is to have a work, if you have permanent job then you have your own income every week, it depends on the company you are working.
Having a job that remains a very good idea, but if you have a side job other than a regular job, it's also better Or you have the side job with bitcoin trading That is right. Working online while having a job in the industry is good because you can save a lot that fast. Having stable income is also having stable source or having permanent work. Many people take working online because they can handle their own time while earning and can do other things t the same time.
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many of my friends did not work but a lot of money away was great when compared, to me that is still working in the factory, I was confused from where producer obtained from bitcoin?
indeed many people do not have off-line work, but they have a pretty good income or even better on bitcoin activities. in bitcoin activity, there are many tasks that can generate good income, for example in the signature campaign or other bounty project. like myself, I'm still doing off-line work at the factory, but I also do bitcoin activities in my spare time after work, and earn a pretty good additional income. Right. Sometimes it is better to do online work rather than working in the industry because the salary is much higher than in the industry. It is better to do work on both to have more income just taking working online as sideline work because you can handle your own time in online work. It is depends how people handle their own time but for me it is better to use time in doing valuable things.
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Becoming rich is what people often dreams of and because of bitcoin it is possible to achieve it. Bitcoin gives us a lot of opportunity especially when it comes to earning some income for yourself or family. I dreamed of having bitcoin pay for my bills and earning money that can sustain my needs. I guess it is up to us how we will handle our bitcoin for our future.
Everyone dreams to be rich. To have financial freedom. Bitcoins gives us opportunity to achieve that. There are lot of people that earn bitcoin who are successful and already rich and continuing to have more investments. Through hard work and patience we can achieve the same dream. Facing on every challenges, hardship but never give up. Earning bitcoin to support my needs and take risk in trading and investing to gain more profit. It is the start for achieving the goal.
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why are many people willing to drop their jobs and prefer to focus more on the world of crypto like bitcoin?
I think you should not drop your job and you should also focus in your job and in bitcoin. In addition to that, we all know that also your job will help you to gain and make money. You should must focus in bitcoin and to your job because both them will help you to become rich. Right. It is better not to leave the other job for the sake of another job instead work on both as long as you can manage them because both of them will help to gain and make more money. Working on both can give opportunity to not to wait for long time to get rich. through that you can save a lot of money for future purpose.
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i will stop myself to not talk about bitcoin again and only talk with the other thing, maybe about his favorite thing because i don't want to debate with other people just to defend my argue. i realize that in out there many people still can not accepting bitcoin as a new technology and i am sure that they don't know about this but slowly i will explain to that person that bitcoin is for the good thing that we can do.
That is right. It is better to wait for the time that they are the one who ask what bitcoin it. That time, it will not be a waste of time to tell them and give basic knowledge about it because they will interested to listen and learn about bitcoin. They will become interested when they see how you benefit from it and can remove the hesitations to believe that it is true and not a scam like what they think.
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