The interest paid by banks is too low and inflation rate in my country is on the moon so there is no point in saving money in banks as it will never give me a feeling of getting some returns so I will go for investing money in bitcoins and saving it in my bitcoin wallet as over a period of time it will surely give me higher returns in compare to bank interest.
True, in our country the interest banks gives in saving accounts are just around 0.25%, by the end of the year it's just really little. With bitcoin, trading gives us a better percentage on earnings - you just have to learned the strategy and get updated on the bitcoin price cap. For young people - bitcoin is a great start to be knowledgeable in trading and investing. I actually learned a lot about the economy thanks to this forum! Even if you don't trade and simply hold your bitcoins for future even though it will give you higher profits in compare to saving money in banks and if you have good knowledge of trading then its good to invest some money in it and try to grow your bitcoins over a period of time by making regular profits. |
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I think here in bitcoin you cannot have an steady income because even in a signature campaign you are not sure that you are going to have an income every week, uncertainty is the idea of bitcoin, everything is unpredictable. I experience joining in campaign then suddenly after a week it closed I was expecting an income from it so sad that I cannot depend on it.
Correct even you received same amount of bitcoin weekly in signature campaign and i think it would not considered as stable income because first of all value of bitcoin is not stable and the signature campaign is not forever some of them are only running in just a month. Much better for now is to have a regular job while working in bitcoin. Yes earning from signature campaign is temporary and you cannot depend on it for a lifetime to earn bitcoins as you never know when it will stop or disappear so its better to find concrete and regular methods to earn bitcoin which is possible only with full time job and bitcoin can be treated as an extra income. |
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If bitcoin is being advertised on T V then it will draw an attention of many people who have not heard about bitcoins yet and are not aware about it and looking at the advertisement it will make them curious to know more about bitcoins and who knows we will see massive increase in adoption of bitcoins.
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I am assuming that you have invested based on your research and if that is the case then you should hold it for some more time. Ultimately it depends on your risk profile that up to what extent, you are ready to bear the loss.
I remember a few years ago, I made an investment in one alt-coin and within a week I was in 35% loss but as the amount was low and there was a research behind that investment decision, I decided to hold it. Then in few days, I not only covered the loss but also made 10%+ profit without changing anything in that investment. However, each case is different and should be assessed with a different approach.
I always suggest holding coins when they are in dumping phases because it is pretty obvious in the crypto market trend that the dumps are followed by pumps. I will also recommend him holding his coins in wallet and forget them for some time. This will help him to stay calm and ultimately he will end up with profit. And even today price has come down so its not the right time to sell as it will surely affect your profits if you don't hold and sell at this stage and everyone is hoping to see higher price in coming months so its always good to hold your coins till it reaches to the maximum value. |
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Finally, Indian wins the 5 match ODI series Five-nil. Beginning with Test whitewash and then followed by ODI whitewash and obviously first time ever in their home ground. Congrats, Virat Kohli's for 30th ODI century and Kumar maiden five wicket haul.
Yes it's great series win from India because of India has won 5 match out off 5 match. It's make Indian team be come more comfortable level for upcoming matchs. but Sri Lankan team have to build good team because after some senior players are retirements. there no player find to replace for that place. Winning against weak team like Sri Lanka is not a big deal and your skills will be tested when you will play against the best teams of the world as India has not won any big tournament after 2013 Champions Trophy and if they want to prove themselves then they need to win in major tournaments. |
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Currently bitcoin price is having quite big correction after touching $5000 but support level at $4000 is really strong that is holding price well above $4400 so I am expecting price to cross $5k barrier after few weeks and than price can easily pump to over $6k in no time.
Yup and our first destination should be to achieve the price of $5k and once its done we can hope for the higher price in future and now looking at the growth of bitcoins I think we will see the price of $5k in next few months and much higher at the end of the year. |
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I heard about bitcoins 1.5 years back on google when I was trying to find the ways to earn money online in my part time as I was not having a job at that time so wanted some source of income and I came across through bitcoins and later on I came to know about this forum.
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Yes bitcoin is better than gold, because bitcoin is gives opportunity to invest and easy to earn. Most of people believe in bitcoin because its trusted and profitable. While gold is not be used in terms of payment. Bitcoin can be used in online transactions. Bitcoin is better in investment than gold. Bitcoin is better than gold because still bitcoin has many advantages it pays no interest, it can be stored for a long period of time.
Said truly! We cannot earn gold with as much ease as bitcoins. Actually, we cannot even earn it... -_- We can only buy gold whereas bitcoins can be earned by variety of ways. It is better in price, profits, transactions, security, anonymity etc when compared with gold. Yeah and bitcoin has limited supply and once the demand of bitcoins will go to the moon it will take its price to the moon too which is never possible with gold and it will give you only limited profits and that also after holding it too long but bitcoin can give you much higher profits so investing in bitcoin looks good at a moment. |
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I just sell when I see the volume is dropping or when the price is good for me and I make profit! But general strategy is to sell portions of your coins when there is a pump!
Looking at the price of bitcoin, when it comes a bit down, selling the coins. This is also a good strategy to be considered if someone wants to earn and remain on the safe side. But I think, selling immediately after seeing the little downfall is not a very good option if we talk about a long term investment. Because this happens a lot. The fluctuations in the prices occur. But it is about being patient. Yeah price fluctuations is common practice in bitcoins and we should not put more focus on it if bitcoin is an long term investment for me but if you are trader and believe in making short term profits by taking advantage of price fluctuations then you can buy and sell regularly to make instant profits. |
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Gambling will give you benefits only if you win as you can make quick money with it which no other method of earning money can give you but winning in gambling is very rare as most of the times only house will win and you will be at loosing end so the best thing would be to withdraw your profits if you win and don't continue to gamble or else you will not get any benefits in the end.
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The best way for a steady income, especially when it comes to Bitcoin, is to probably join a signature campaign and always cap out whatever the maximum number of posts a day/week/month is, that way you get a relatively simple and consistent income directly in Bitcoin. Now that doesn't fit your criteria of not doing anything, so that's out of the question.
One potential idea is investing in a casino bankroll and get paid that way. I haven't done it in the past but with enough research I think you'd probably have a good idea of how it would all work.
I agree, Signature campaign is a best way for steady income, You can do it full time or part time as an side job, you’ll have a steady income for a week or a month it depends on what is your project or working at. Or you can invest your money on a business that is in demand in today’s life, whether it’s a food or material business. No business will give you steady income and in the beginning stage you may also suffer loss from it and to make money from business you should have patience as it will take time to build a reputation in market and there are many factors that will be responsible for the success or failure of your business, on the other hand signature campaign will give you steady income till its operating and you never know when it will stop paying to its participants. |
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Save the halo that can be proud of, why not if you buy bitcoin in 2009 and then sell it in the year 2017. you can buy a sports car. Well here my goal to make bitcoin in the future so I can buy anything and fun. Bitcoin can be maintained alive from now on.
Actually for the both, fun and future. It seems like so true that if someone just bought bitcoin in year 2009 and selling it now he can buy so many things for fun. Can be said here ”Bitcoin can turn your future into life with fun”. I still suggest everyone if you can buy bitcoin now buy it and hold, sell it after 5 6 years, you will see the fun you would have that time. Yes if you have more bitcoins then you will be having more fun in future as the price of bitcoins will eventually go higher in next few years and at that time you can have more fun by spending less amount of bitcoins as far of now my main goal is to collect as many bitcoins as possible and save it for future benefits. |
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I think the motivation behind why despite everything they hold their Bitcoin in light of the fact that many individuals need a high profit.They sitting tight for a vastly improved high estimation of the Bitcoin and they will be gainer
Nothing wrong in holding bitcoins as many of them have made huge profits by doing nothing and simply holding so to earn big amount in future holding is the best choice to make as there is no risk involved in holding as in long term we will only see price going higher and higher. |
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First of all you need a strategy.
If you don't have one - you are a gambler, not a trader.
That’s I the point one must know about trading. You must have strategy that will be guiding you in all times. You have to sell when you know that you will get enough profit margin. Don’t be greedy and wait for a long up, often that will end up in sleep fall and you get nothing. So strategical trading will be yielding profit else like said that will only be gambling. Trading should be limited to a short term and holding it too long can be dangerous as you may miss the right time to sell and make profits so whenever you see price exceeding your entry price then without waiting longer you should sell your coins and collect the profits as you can again buy it when price goes down in future. |
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After I found out about the crypto currency, I forgot about the banks. I do not need them for lending and keeping money. I use ATMs only to receive cash through exchange offices
Bitcoin is our future
Yeah banks pays interest in peanuts and inflation will eat away all your profits so its better to keep money in bitcoins and hold it for future as you will surely make higher profits in bitcoins in compare to interest paid by banks and after having a bitcoin wallet you don't need banks for saving your money as you have your own bank in the form of bitcoin wallet. |
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Just HODL my friend. And invest more if you have some free money. I'm pretty sure that btc will keep growing if you are a long-term holder. But if you want to speculate you can play with alt coins. There a lot of pumps now and you can easily get some money there.
Yes if you have good knowledge of altcoins then better to invest some of your bitcoins there and try to get some good profits in quick time and the price of bitcoins is increasing so its good to hold it for some more time instead of selling it now as in future you will be in a position of making much higher profits. |
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still, people have a good feeling to the paper money, they feel comfortable to use paper money for the purpose of daily activities. though day by day the using of plastic money is increasing paper money still a symbol of currency. mass people still depend on the paper money although it has a negative side regarding security. but paper money will dominate as like today.
Yes people find it easy to use paper money as they are using it since its inception and bitcoin is totally new concept for many people and I doubt that older generation will ever start using bitcoins as they would find it complicated and even would be having a fear of loosing it as they may be scared of internet and online stuff which will keep them away from using bitcoins. |
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Trading is the only place where I am using my bitcoins at a moment and in the past I used to spend it on gambling sites but now with an increase in the price I cannot afford to loose even a small amount of it on gambling so now I have stopped it and invest in altcoins when I feel that this is a good time to buy at lower price.
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I have a day job so Ive just bought bitcoin whenever I have some spare money. That said I gave up smoking 2 weeks ago and Im thinking of using the money I saved to just keep buying  You better wait if you want to buy cheap, many traders are telling that bitcoin will go below $1000. i'm gonna buy a few coins if it goes below $1000.  Yes and if it goes to the price below $1k in next couple of days then that would be the best price to buy bitcoins as again price will rise in coming months so if you manage to buy them at $1k level of below that then you can expect good profits from it as it is predicted that price can touch $2k at the end of the year so its almost $1k profit per coin which is really huge. |
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invest in bitcoin is very precise. bitcoin gives us the means to get more money. with greater opportunities to earn money then bitcoin is a promising investment in the future.
I truly and secondly agree with you....Bitcoin is a promising investment in the future, true.. Yes and I think its worth to take a risk of investing money in bitcoins as the future of bitcoin is very bright and once more companies and businesses will start accepting bitcoins the price will skyrocket and will give best returns on our investments and no one knows how higher it can go in future so even with a small investment you can expect to make huge profits out of it. |
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