If i have 12 btc i would be using them on bitcoin day trading in my countrys bitcoin exchange btcxindia.com and would try to make even more bitcoins out of those.And 12 btc is a really good amount to do that.So you can also try this.
Investing them in trading is the best thing to do as it will give you good profits if you make wise decisions at the right time and it will also multiply your coins in long run. |
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How safe is it?
According To me Its Not Safe to Invest Your Money Into Bitcoin For Long Term Because Bitcoin Price is Not Stable And You Can Lose Your Whole Capital If the Price Crashes..... According to me Instead Of Investing Your Money In Btc For Long Invest it For Short Term So You Can Hope To Make Some Profit..... that's not true. you don't lose anything if you don't sell any of your coins. that's something that a lot people don't seem to understand. people have different investments. one for the long term, one only for trading, etc. via that way you can benefit in the short term, but also benefit in the long term if the price indeed happens to go up a lot. Yes and its good to use them in both ways also in short term and in long term, as only holding all of them will not serve the purpose you also try to grow them by investing or with trading. |
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For steady income, i suggest you to join signature campaign. But earning will be low.You could join PTC sites which also gives low income.For more income, you should take risk and start trading.
Trading can give you a good income if you have a good enough capital but i'm afraid that income wont be steady or stable, i mean sometimes you get profits and sometimes you pick up loses as well so that is how it goes in trading. Its true trading can give us good income source every day if we do know how to do short term trading you don't need high capital to start trading and when we are earning thats the way to have more bitcoins don't afraid to lose income because it is part of business maybe not stable but in future you will know how it works. not everyone can gain something in trading, there are those who will lose small amount each day, if someone win someone else or many other must lose, depend how much the winner has won Yes for some one new in trading he can never make a steady income through trading or even he can also loose their own money.So it would be much better to join signature campaign because we earn there without staking our own money. What you are telling is true for trading but earning through signature campaign is good only possible if you are in higher rank as good paying campaigns are only enrolling minimum Sr.Member rank. So you have to also try in service section and see that if any bitcoin job is their according to your skill. Its good to keep on earning from signature campaign till its alive, as we don't know when they will stop paying us so we should always have an alternate way of earning money. |
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Let's hope that the next year would be realy the year of Bitcoin. The price is prety stable for a long time so let's hope the price will go up and reach 700-750$. Expecting 1000$ would be to optimistic.
it really depends on what prices we will have in order to say whether or not reaching the $1000 price level is realistic. if the price in 2017 remains well below the $700 price level again, then it's quite safe to assume we won't see $1000 in that year. that's exactly why i have set my target for reaching $1000 on the year 2018. Looking at the fundamentals, I would say $1000 is achievable next year, the segregated witness and Roskock platform will attract alot of investors and developers to the chain and will increase the value of Bitcoin, Bitcoin even seems under value at $1000 when compare to some coins with no real world use and are price quite high before the block halving when the price peaked at +$780 people thought it was possible to hit $1000 this year, but it didn't happen. i am however more excited about segwit, but i don't know if it's enough for the price to go up that high next year. i of course hope it does, but if it doesn't, it's not a problem. There is a hope that price will touch $1k in next year but even if it doesn't reaches there and touches $800 price then I am sure majority of us would be satisfied to see that price. |
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May be I will try to accumulate as many coins as possible and wait for the right time to sell them, as if bitcoin survives for next 20 years then it would be definitely holding higher price.
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I don't spend my bitcoin on real life because for one there are no stores here in real life that accept them or a very few which I didn't see yet.
And two my goal is saving as much bitcoin as I can so spending them wouldn't be a good way to do so.
Spending may not be good for you but its really important for the better future of bitcoin as if no one will spend them then its price will never go higher in future. True, holding bitcoin for long terms would not be a good idea and would give negative impact to bitcoin because it would not help the bitcoin ecosystem for it to grow further more on the future. Its okay to save and hold some coins but its better to get some partition of it to be spend. Exactly and bitcoin is a currency and it should be treated as an currency which will help in taking its price higher in future and it will also contribute in improving the bitcoin economy. |
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If price goes in millions then without any hesitation I will sell all my coins and get hard cash in hands and will prefer to buy an island where I can spend my life in a best way.
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Bitcoin is not popular in my country and almost everyone here don't know what and how is bitcoin like and works. I never even met someone that know what is bitcoin in real life.
The fact is we don't know who are the actual users of bitcoins as there are some people who will never prefer to disclose that they are using it as they don't want that other should know it. |
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I don't use bitcoin either to buy something or for buying online goods but i just do holding for future so that when the price i bitcoin Errol rose up then i could sell and make some extra money out of it.
Well if you are investing your money in buying bitcoins then you can surely hold them for future to make profits from it but if you are earning it then you can spend them sometimes online as you always have an opportunity to earn it again. one of the issues that i have is not about profit nor earning but about where to spend the coins! so far i have only spent bitcoin on small stuff online like games and such but as a daily use, i never had the chance to do it. If you want to spend them then you can exchange it to fiat anytime or else you also have an option to use them in the form of bitcoin debit card which can make things really easy for you. |
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I always using my bitcoins at gambling sites and trading sites. I'm an active gambler and always gambling everyday using my bitcoins and sometimes i also buy something using my bitcoins.
Trading and gambling sites are the best places to use our bitcoins, no doubt both the risky place to use them but if you can work wisely then you can make good money from both of them. |
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I will invest 5 btc in altcoin trading, 2 btc I will convert to fiat as I am in need of money right now and 3 btc I will keep in cold storage and will sell when price will reach to the moon in future.
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It is better to invest your money if you want to make money but if you just want to save without risks and headache but also no profit then you just put it in a saving you will probably get low rent.
But with bitcoin you can get alot more profit.
Putting money in bitcoin can be the best at a moment as everyone is expecting higher price in future and price is not too high at a moment so its a best time to invest money in it. |
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Selling everything doesn't make any sense and I think even small part of it should not be sold at this stage as price is not too high at a moment, so its better to save them for future.
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With bitcoin I earn not much per day because I don't heavily use bitcoin all day just sometimes I do forum signature campaigns which don't earn enough to brag about.
Sometimes I do trading and then in a good week I can earn about 0,1 bitcoin.
Most of the users do that method participating in signature campaign and do trading and i think you can earn much money if you do that regularly and that is what i do here in bitcoin community because i do not have skills to be offer in online like other users. If you have trading skills then you really don't need to find any other ways to earn bitcoin, as only trading will bring good amount of money from you and you can expect regular profits from it. |
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If bitcoin rose to 1M I would definitely sell all my bitcoin and make sure to invest my fiat in a more stable safe place than bitcoin.
I wouldn't risk that much money in bitcoin ofcourse I would still put a certain amount in bitcoin though.
Yes we can afford to have little amount of bitcoin at that stage even after selling most of them at that price as we never know what will be the price in future so its good to keep some of them for future. |
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there are few cafes shops in the uk thats accepts coin and i somehow spend some have you your experience ? and how did you feel? when i was sending coin peoplein the cafe was looking at me and asked me about it truly i feelt like im .... hurraaaaaaaa
In my country there are also a couple of places where you can make use of the Bitcoin but I do not like to spend my Bitcoin in that way. I am saving my Bitcoin for the future so that I can finally make some money. Where I am from you can buy some things with Bitcoin but I am also not spending them for the same reason as you. Spending them when you try to make money is not smart. It is better that you use real money if you decide to buy something. People expects higher price from bitcoin but no one is willing to spend them and saving all their coins for the future to sell them at higher price, so do you think that if none will spend then price will go higher in future? |
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Doubling bitcoins is very difficult and its not an easy target, I think that its also hard to do and in some cases not possible at all, never trust doubling bitcoin websites by the way these are all 100% scam.
Yes i agree, there are not fast ways for making money from bitcoins, however the ways it will become hard and need time include trading,mining and other ways. If there are services who can make doubling the money will be scam in the ending is like Kanjeng Dimas. He is on the jails right now. Yes, doubling bitcoin must be performed by us with our own bitcoins and we never rely on any others or any services so that we will get easy way of more money. Because, no one will work for us to get double the benefits of our investments. We always need to work for ourselves so that we will get our bitcoin doubled in quick time. That must be an universal fact, no one will work for others. We are in a selfish world, here everyone will look for his own benefits. So, expecting others work/services/business for getting benefit must end up in getting scammed. Working hard in our own way of getting our bitcoin doubled must be the right approach and that is alone practically possible. Yeah and I think working hard is the only way to double the coins, as I don't have any hope from gambling that it will give me double profits so I will prefer to stay away from it. |
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0.01 - 0.03 per day, hey I wish that also, where did you hear for that kind of work? There is no such work, that money you can make just with good previously good investment, now you need to take your money from the bank, buy bitcoins and then come here and ask how to earn bitcoins fast.
Then you will see how big risk is to double your bitcoins, and maybe you will feel on your skin how many scammers there is on internet, and fast doesn`t mean reliable.
I had luck on gambling this days, you can try that also. I earned very fast much more then your goal is for just couple days. If you try maybe you will also have success, but you need to have balls to put your money on gambling.
Good for you that you are lucky in gambling. I tried my luck today in sportsbet and even the best team that i bet just loss. For me i do not know yet how to earn Bitcoin FAST . I just know how to earn Bitcoin in a slow way but surely. Signature Campaign no risk, Trading small risk, Gambling very risky. I think signature campaign and trading can serve the purpose of earning bitcoin in a balanced way, as trading will bring quick money and you can expect stable earnings from signature campaign. |
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That's just $12600. Enough to make a reasonable reserve, but not enough to make things easier.
Would just save them and keep doing the same
thats true, i think i would just save it all in order to make some profit if the price grows even more That's a good amount already so you do not need to make any other investment if you are not sure with your decision and you do not have the ability to do it perfectly, holding that amount of bitcoins is already good for your future retirement, when bitcoin succeeds you enjoy the profit. I think hold it all is the last option when you do not have other options to at least grow some bitcoin, and if you're afraid to risk would also be better if you hold all bitcoin you, but you should know that by withholding you will not know when you're will benefit, That's true and with holding you will be able to make profits only when price will go higher and the fact is we are not sure that when it will reach to our expectation level. |
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....Yeah bitcoin is so potentially for make the users get rich. ....
this is the wrong way of thinking that is actually preventing bitcoin price to go up and also it is slowing down the process of adoption by merchants and usage as currency. it is because everybody who thinks this way are only interested in bitcoin for holding and then dumping it all as soon as price went up and get out. This is correct.Bitcoin is a currency and should be used as such.Partly saved and mostly spend.One must keep spending bitcoin wherever one can instead of fiat and keep at least %20 as saving Yeah to see bitcoin as an stronger currency in future we should use it like any other currency and its circulation is necessary to improve its economy and if nobody will spend then price will never go higher. |
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