Bitcoin will survive longer, even if the price falls down in future, it will survive and will rise again, bitcoin is still in its younger stage, let give it sometime and it will become a stronger currency in future.
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I was surfing videos on youtube looking for how to make money online, and there I saw the video, the rise and rise of bitcoins, and then I started to collect information related to bitcoins.
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I will choose bitcoin because bitcoin is not stable value there's a possible that the price will rise to 10k value and i hope it will happen in the future. That's i am collecting more bitcoins for the future. .Gold is not a good idea to choose because gold price is stable.
Yes it can give us huge profits in quick time, so if I have to invest at a moment I would choose bitcoin over gold looking at the price volatility of bitcoins so I can make a good profit in short term. It can be nice profits and at the same time could be substantial losses. At the moment it would be risky but i too would go with btc and then put it in storage where I couldn't panic sell if we took a small dip. Yeah totally depends on the market conditions as the value of bitcoin cannot be controlled by anyone, so investing in bitcoin is something like gambling with your money.
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no, it will not happen, in order for this to happen people have to buy more bitcoins
yes, paper money will always be used more as compared to bitcoins, as the users of fiat are huge as compared to bitcoins, and bitcoin is not reached to the maturity level yet.
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Nothing is safe but if you're looking to make some profits, I'd say right now is a good time to buy.
Yeah, nothing can guarantee us success in long run, so its better to invest money in bitcoin at a moment and sell when the price is higher then you bought rather then waiting for too long. Yeah buying at low price and selling at higher price is the good strategy to follow, and if you can have 1 btc in your cold storage for future that is well and good, but you need to keep on playing with your coins even in short term.
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just buy bitcoin and wait or gamble or invest and the sell bitcoin but i think the best wait is to buy and wait a lon time to have a great profit
It's good to wait rather then going for gambling, as gambling is an risky affair, can't be assured that we end on a winning note, and if we loose it would be great loss, so its better to hold and wait. well, that all is being done to find bitcoin, but most often I do is an investment, because with it I could find another job without thinking about it. but before investing, you should know where the investment was reliable or not. and there is another quick way to make money using bitcoin, namely trade, but you must have good skills in it yes I agree with you friends. many people think is very different but I tell about me .first I buy bitcoin when increase price in bitcoin that time . I am selling bitcoin and I am also play with bitcoin gambling Gambling is risky, but if you can afford to take risk then you can go for it, and if you have certain strategy in your mind, then you can end up winning, but not sure it will happen everytime. Gambling is never recommended as at the end of the day you will loose everything, if you are new to the world of bitcoins, then you should start your journey with signature campaigns.
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Bitcoin has given me extra earning opportunity I can earn a descent amount of bitcoins which can take care of my extra expenses, so it is really worth to me.
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Saving money is always safe as you have control on your money and you can spend it whenever you want, but you need to think twice investing as you might loose money in long run.
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That should be your goal or a dream to be a part of 1 million club, unless you don't have any goal in your life you would never actively work in achieving it, its my dream and one day I will achieve it.
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imo bitcoin should not replace fiat just because the ease of transaction with fiat is much easier than with bitcooin. transactions take too long with bitcoin.
Are you talking about the transaction time or a confirmation time? No doubt sometimes there is delay in confirmation but if you transfer your bitcoins to your bank account than the transactions are instant.
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To me the price of bitcoin really matters, as I sell when the price goes higher and buy when the price is low, so at a moment I am holding and will sell when price climbs up.
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The only *fast* but not reliable way would be gambling. But thats a risk.
Yeah, that's a huge risk, and anyone can afford to take risk then gambling is the best way to multiply your bitcoins in a quick time, totally depends on how lucky you are on that particular day. Gambling is the worst thing to do, if you have that huge amount of btc in your wallet, then why don't you just hold it, as that would be the best way to multiply your bitcoins in future. Totally Agree, why to experiment with your bitcoins? If you are holding that amount then try to multiply your bitcoins in safe way, just keep it safe in cold storage, and rest time will take care of.
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Price will rise to 1000$, more stores will accept them as payment, and more people will know about them
More stores accepting Bitcoin payments doesn't mean the price will go up. We need more people to bring in fresh money. That's how we make the price go up. Dude if more stores accepting means We can get business from more people thsat means adoption Sure this help to grow the power of bitcoin. Halving is on the way get success as well. Yes, if we find more stores accepting bitcoins as a mode of payment means bitcoin is moving a step forward towards getting on the mainstream, and it will also increase the adoption level of the people.
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Yeah bitcoin are meant to be spent, I mean it would be useless if it is not spent and just kept idle in cold storage, I actively spend my bitcoins for buying online stuffs.
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Maybe things can be changed in future, if everything goes digital and each and every shop accepting bitcoin as a payment method, then people would directly buy things using bitcoins.
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May be 200 btc would be enough to have good and luxurious life, as cannot predict the value of bitcoin, but its always better to hold extra buffer stock so even if the value is not too high, it can take care of us.
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To get rich I would diversify my investments in different products like gold, bitcoins, stocks and also in forex so even if I have to go through loss from one product I can recover it from other.
Diversifying is the first step. Selecting the right investment is the next. Stocks or crypto could be could but they are also very risky. Stocks and crypto are always risky as in investment products as it totally depends on the market conditions and also on luck, if you can afford to take risk then sky is the limit.
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I think halving would be good for bitcoin as the price would climb up after halving but not sure how long it will remain stable, as there is possibility that price will drop down after halving.
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When the price is low i buy bitcoins. But right now I feel it is not a good price to buy bitcoin. I expect a big dump soon.
You need to wait for the next dump, as I believe that the price of bitcoin will keep on growing at a moment, there would be small fluctuations, but not the major one.
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I think holding bitcoins till halving can be good as you can sell once the halving is done, as halving will have a major effect on the price of bitcoins, so it is advisable not to sell till the halving.
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