Bitcoin is still better than gold if you wanna invest your money. For me, i treat gold as a decor only in our body. While i treat bitcoin as a thing where you can invest your money with a good profit in return.
Bitcoin has an potential to give higher profits in compare to gold as even if price of gold rises in future it will be upto an certain extend but when it comes to bitcoin, sky is the limit. Yeah bitcoin is more opportunity than gold and you can make more profits unlike gold that yearly you can only get few percentage of interest.unlike bitcoin that you can get profit every time that bitcoin increase. We all are well aware that bitcoin has an ability even to touch the price of $10k in future and that is never possible with gold and its price will get saturated at certain level. |
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Well there is 2 working methods to make more money with your 20$ in BTC, either you trade altcoins with it if you have good knowledge about trading, or you hold it into your wallet until the price increase highly and you can sell it then with good profit
holding doesn't really work with such small amount as $20. lets assume price goes up to $800 in a couple of months then the profit will be $6 and I really doubt that $6 profit over a couple of months is a considerable amount of money anywhere in the world! Yeah and even I don't think that altcoin trading will help him in making good profits from it and to make profits with that amount he need to wait for a long duration.
I disagree. I don't know if OP is even considering this anymore but lets assume today someone wants to make a decision about $20. it is about 0.03 BTC and with that amount you can start trading multiple altcoins as testing and make 0.03 BTC profit in a month if you are willing to learn it. Yeah and I think investing in altcoin is the best choice for him, he won't be able to make huge profits overnight but over a period of time he can expect some descent profits if he chooses the right coin. |
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You can do both. Trading will make you some quick cash if you trade properly. If you invest, then you will make more money but over a longer period of time.
Yeah and I think to be on safer side we should invest our money in real life, like gold, real estate where the chances of loosing money is very less and you also don't have any fear of getting scammed. Yup You are perfect on your word because most of the people use to get scammed on the online investment such as share market or any other kind of investment. In trading also we have some risk factors including on that. Kind of real estates or gold investments are comparatively much safer I guess. Exactly and I think gold is the safest investment to have, if you check the past record of gold then majority of investors have been benefited from it and gold has never disappointed its users. |
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I would never quit my job to go on Bitcoin full time because that is just not a great thing to do if you are going to need to rely on bitcoin.
It is way better if you just do Bitcoin on the side as an secondary income.
Yes bitcoin is always good as an secondary income and even if I am earning more in bitcoins I will still prefer to continue with my day job as it provides financial security to me and my family which is missing with bitcoins. |
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I like bitcoins because you can make money with it, especially if you decide to trade...
This is what I want with bitcoins too that we are able to get some good profit if we are just going to be hard working. And there are a lot of ways that you are going to be able to start with different opportunities. And another thing with its very fast confirmation for every transactions that I make with it, I love it too. This is the most common thing which people do love bitcoin because it gives us opportunity to earn bitcoin since bitcoin is money after all. You are right there are lot of ways to earn bitcoin you just have to search and for sure you would find one. Fund transfers are also excellent compared to other money transfers. Not only on earning opportunities its also to the benefits that it gives specially on money transfer which is really convenient for us same as you said its good compared to other money transfers out there. Im also earning decent amounts here in bitcoin world. Yeah and when it comes to money transfers with bitcoins there are no working hours or public holidays like banks and bitcoin transactions are available 24/7 with minimum fees. |
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Everybody states how they will sell their coins, but well before the price reaches $1,000,000, there would probably be a large amount of merchants accepting bitcoin due to its popularity. Why sell what you can use directly? Either bitcoin is used worldwide and is the top currency or everything else has inflated to such extremes that bitcoin is the only reasonable option in the event that the price reaches that high.
Even if starts getting accepted everywhere people will prefer to sell them as they also need physical money in their daily lives, and with real money you can invest them anywhere you want. |
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Yes, i would accept it as salary since i can save the amount which is charged to convert fiat to bitcoins and i can send my income to my home from abroad easily
convenience is one of the main reasons I am using bitcoin. bitcoin ease give me time and another opportunity to make money. How can the bitcoin give you the chance to earn money. I though you can trade the bitcoin to earn some bitcoin. Its not only trading from where you can earn money, there are many ways to earn money with bitcoin like participating in signature campaign and offering services are the most common ways of earning money. signature campaigns are the best way to earn free bucks when it comes to time-reward ratio. mainly because it's all free. offering services is just you offering your skills to the public. not everyone has these skills. eventually people will remain earning through signature campaigns since it's a free way of earning money. Yeah and I think its an easiest way too, if you have good english and sound knowledge of bitcoin then that is enough to join any signature campaign and start earning free bitcoins. |
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I am waiting for certain price drop in next couple of weeks, if price falls then I will surely buy some of them as I think that current price is bit high for making an investment in it.
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On an average I manage to earn 1 btc per month from signature campaign and trading, signature campaign has limited payouts which comes around 0.14 per month rest I am making it from trading.
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I am investing my fiat in bitcoin and bitcoin in altcoin that is what I am doing at a moment with my coins as I see great scope of making good profits in altcoin trading in short term.
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Why can not combine the useful with the enjoyable ?. I mean, to work on their work and earn bitcoin simultaneously.
Some people do not like it because they are not able to get high income from one of them so they in search of high income try to be with one of them especially in those area where income is much lower from the day job. But personally I prefer to have bitcoin as my full time job but only if I am able to run my life smooth as I am right now doing with day job. Well to have smooth life from bitcoin will depend on how much efforts you make in earning it, if you work hard then you can surely earn higher income from but you cannot afford to sit idle and hope that everything go will in your favor without doing anything. |
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to be honest, 20 dollars are very few to make any revenue. you may try to trade altcoins and the more risk you take the more profit you may earn
Yeah to make profits from that amount even in altcoin will require luck as he can buy the cheapest coin and hope that price pumps in coming days, but there is no guarantee that it will surely happen. |
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I guess it's value won't reach to 1M. If it does then that would be very amazing. We would profit a lot from bitcoins. I can only imagine that happening.
This could make bitcoiners multi-millionaire. Yaa, but seriously this thread is hilarious.
I don't think it will touch that price ever in future as it is unrealistic value to dream off, and I think maximum bitcoin can achieve is the price of $10k nothing anything beyond that. |
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I usually earn less than 0.005btc per day sometimes my weekly earnings was not until 0.02btc, my income only from signature campaign and i'm not have much time to active.
That is a nice income for purely using forum signature campaigns. My income is about double of that mostly and I trade a little bit on the side. Sometimes I do some services and then ofcourse my income will be higher than that. I think that's the good thing with btc there's pretty much a lot of ways to earn here. for me at least I try to hit the max for the signature campaign that I'm with so I earn around 0.004btc a day at least  Yes signature campaign is an blessing for all of us as we can earn bitcoin without doing any investment and at a moment I am earning 0.14 per month from my signature campaign which is a good earning. Yes, with the signature campaign we can benefit fairly large. It can be used as capital to start investing or trading. With the signature campaign and trade that I do, I can get about 0.1 BTC or more each month. Yeah and we have full time job so that our salary can be used for our daily expenses and we can save our earnings from bitcoin for investing them in trading. |
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Everything that you could buy for fiat obviously, I would like to be able to use it in shops and in restaurants, To pay for taxi or to buy groceries online, But what would be amazing is if you could actually use it in malls and in gas stations, That would mean it has completely gone mainstream . You should go for bitcoin debit card and half of the things that you want to purchase can be done with it no doubt it won't be used for paying taxi bills anything related food items can be purchased with it. |
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There's not much peoples in the world that counted using bitcoin in real life, like buy something with bitcoin, accept salary, and many more.
But almost all peoples who knows bitcoin are use it for trading and investment.
Yeah and I think the maximum usage of bitcoin is done by full time gamblers in gambling as gambling with bitcoin is very easy and gambling holds maximum number of bitcoin users I guess. |
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hey guys,anyone worried if someday bitcoin sunk?or collapse maybe?
Anything is possible with bitcoin in future, so I never put my all money in bitcoin and even I don't trust it blindly, its always good to be practical and realistic to avoid huge loss in future. |
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This far more than what I knew in the my community. Even though i keep on sharing about bitcoin and the good stuff it gives to me, they are still not interested in it. As for my counting the number of person who is actively participating in bitcoin society is me lol. That is one out of 10,000 population in my community.
Thats also what I am doing, telling friends about bitcoin and telling them about its potential and whats excites them is the income potential with bitcoin. Among my friends, only few knows and using bitcoin. Educating them is a good way to let them know about cryptocurrency. Maybe we should hold training sessions for friends, maybe they have more opportunities, or even to understand better how and what will be happening with bitcoin. The fact is people will spare their time for bitcoin only if they find it an interesting concept, but if they get confused or find it complicated then they will never bother about bitcoins. |
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I like the doors it can open for people. For example, lets say you are at the store and you forgot your wallet or credit cards. All you have to do is log into your BTC wallet and transfer the money to make the payment. Cant get much easier!
That's true but for that we also need places where we can spend them so what you are saying that is practically impossible at a moment but that can be done in future when we will find enough places to spend them. |
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I'm sometimes buying things with the bitcoin but there are also times when I do nothing with my bitcoins because of the fact that I think that its gonna rise to a higher amount.
If you are thinking this its better to do nothing with it right ?
Yeah if you are hoping for higher price in future then its better to hold majority of them and sell them only if you are in any sort of emergency and sell only as per your needs as higher number of coins will give you higher profits in future. |
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