Gather as much BTC as possible via mining and sell it on one of the exchanges, after that deposit it to a bank account to be secure. I don't want to risk losing any money from mining, I want the return of my investment for the second GPU as fast as possible, not planning to risk losing that.
I might also purchase some Altcoins, not sure which though.
yes that is right thee present is a very good opportunity to nvest money in bitcoin and buy more and more bitcoins. because in present time bitcoin is trading in such a low price and there are more chances that very soon bitcioin price will start increasing and will reach to so much high price. |
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What do you think about the fact that cryptocurrencies will literally be the future ? In a few years, it will exploded and, be rich if we hold many ?
Don't know exactly about altcoins,but bitcoin might reach very high price in future as mass adoption of bitcoins is taking place and more countries getting ready to legalize bitcoin following the tech giant japan.Due to steady increase in demand for bitcoins and limited availability,bitcoin price may go much higher in future.Bitcoin might be the future of the world economy. I think there are some other coins who also have good future. in fact bitcoin is the kind of all crypot currencies and is thereore number one online currency I think people have so much confident on investing money in bitcoin and that is the reason that bitcoin is becoming mor eand more popular. |
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Bitcoin is a virtual currency and therefore it is not physical or material. So it can not be copied or copied as cash. You do wrong when it comes to saying that Bitcoin is a real value, it's just an online, fast, convenient and extremely secure online exchange. currently bitcoin is mostly us as online currency as it is not yet so much introduced and the users of bitcoin are not too much but with the passage of time I am sure that bitcoin will become more and more popular and then we will even use it in local shops also. |
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I tend to prefer trading, because that way profits are mathematically guarantied if done correctly while in investing this is most of the time just pure gamble and speculation : profits can be greatly superior, but can also be negative ! So for this I prefer trading !
both have their own merits and demarits. I think those people who have good experience in trading then trading is good option for them.while those people who do not have any experience in trading then they should choose investment because in investment people do not need more experience. |
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Actually it is not bitcoin which reduces unemployment. They are people who are creating various employment opportunities using bitcoin (or cryptocurrencies) as a medium. At most of the part bitcoin doesn't help in employing people directly. I regard it as a medium not the one which generates job. Leaving some entrepreneur and miners, everybody else earn Bitcoin as a side earning by doing some small tasks which can very well be paid in any other currency as well (we just using Bitcoin as a medium).
I agree there are cases where people are earning well in bitcoin. But think, can't those jobs be paid in any other currency as well.
Of course these jobs can be paid in other currencies. But a lot of jobs have been created only due to the creation of BTC! This includes everything related to altcoins, ICOs and whatever else is going on in the cryptocurrency scene. People are getting hired for advertising, translating, reviewing, mining, staking, PR, programming, and all sorts of things. If Bitcoin didn't exist there'd be less jobs, alas, BTC creates employment opportunities. I have very well stated that it indeed have created opportunity for new business ideas and for miners and programmers ( who with those skillset would have done many other things too). But most of the community use Bitcoin as a source of investment or do some small tasks which can't be termed as employment. So, bitcoin as major doesn't eliminate unemployment. Actually it is not bitcoin which reduces unemployment. They are people who are creating various employment opportunities using bitcoin (or cryptocurrencies) as a medium. At most of the part bitcoin doesn't help in employing people directly. I regard it as a medium not the one which generates job. Leaving some entrepreneur and miners, everybody else earn Bitcoin as a side earning by doing some small tasks which can very well be paid in any other currency as well (we just using Bitcoin as a medium).
I agree there are cases where people are earning well in bitcoin. But think, can't those jobs be paid in any other currency as well.
If bitcoin could reduce unemployment it might have been recognized and accepted by the governments of all the countries in this world much earlier than most of us. I agree bitcoin is just a medium and it may have helped people to earn good money but we shouldn't forget that the problem of unemployment especially in Asian and African countries is much bigger than the number of people who may have made fortune with bitcoin. Bitcoin can be the best alternative to almost all the existing currencies crypto or fiat but to say that it reduces unemployment is far from the reality if only you knew how big the problem of unemployment is. I agree to this. Unemployment is much bigger problem than what Bitcoin can solve at this particular time specially in African and Asian countries. Bitcoin can very well be used as an investment asset or for side earning but not really as permanent job for most. I think bitcoin can help in solve the unemployment problems, as bitcoin is providing opportunities to earn money. for example if a person have experience in trading then he can make a good money from trading altcoin. |
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1. Services.. 2. Gambling. 3. Trading No one can make easy money, Some people have luck, some people have Talent. If you don't have both then you can try investing it in some place and wait. Good luck.  Actually there is no instant way to increase btc, there is process to earn btc. Talent and luck are need in gambling to earn money. But all of this trading is the best way to earn money just follow the basic rules in trading. And for sure we can earn profit. to me I think the only way though which we can make money is trading, . in fact trading is one of the most easiest and safest way of making money. but I think the only way through which we can get good experience in trading is to spend time in trading with small amount of money. |
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The best way to start trading bitcoin with a small amount is to start trading altcoin. You can do this through various exchange sites, or whatever suits you. The easiest way to do this is to seek out dump and pump coins that can fluctuate in value hugely in a matter of hours and get lucky. Needles to say, this can be very dangerous and risky as you are participating and investing in a coin that is far far less stable than bitcoin. However, still, your best options are to start trading altcoins (not neccessarily pump and dump, but any altcoin) and keep doing it till you have around 400-500 USD worth in bitcoin. Investing in bitcoin is more profitable in the long run, but takes a much longer time to achieve those profits. Investment in altcoins is usually more risky and agitating, as prices can skyrocket or plummet at any given time. Howver, it can pay off.
But you cant really start trading bitcoins with a small amount.
trading or investing small amount in bitcoin can not give you a good profit , but if you have experience in trading altcoin then from there you can make a good profit in a very very short period of time. |
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Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
Sometimes when things get really confusing. I just go back to the real world and said, I will do better next time. Emotions are not the basis of success but our main purpose is to be successful so we should control that otherwise all the things that we have been working hard will become useless. Every successful trader has experience failure when starting up but by correcting the mistakes it will help us to be more matured and we will have the success in controlling our emotions as well, no way I will stop trading, for me this is my road to financial success. Me too. I've now considered trading as one of my primary sources of earning and it seems i have a good way of handling my emotions when it comes to it. The key really is having patience to wait and avoid making rushed decisions due to excitement or anxiety because that's when you're going to lose money. I try to be relaxed as much as possible when doing trades and it worked pretty well so far trading is in fact a very good and profitable source of earning money. I think those people who have some experience in trading they can really make good profit from trading altcoin. specially those people who are also interested in trading. |
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Trading is unpredictable you don't know when the price is down and up but its up you if you want to take the risk. You can buy now or wait the day bitcoin and altcoin down before you buy.
In theory, your saying is okay, but now he have serious problems in the market. Everybody waits for bitcoin to see what will exactly happen. I always try to write that this is not the correct time to get into trading now. Stay away please. The market is so mixed now. Time to pray now that everything will be back to normal, I used to day trade but with the current market it seems like it will not help me because price move in one direction which is "going down"... It hurts me watching it so I just leave my money in exchanges and relax a bit. we are also hoping so that everything will become ok. I think that people are now confident about the price of bitcoin that it will continue increasing and hope that there will be no such bad effect on the price of bitcoin by 1st August. |
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Hi still a newbie trader here. Just want to know. If All altcoins are down since last few weeks. How do traders maker their earnings during this bitcoin correction / retracement. All my polo coins are bought while Bitcoin is 2900usd in the past few months. Now I am HODLing like forever  All my coins are in bloody red, I have negative -20% to -30% profit. Please suggest something. Just hold your coins.I think almost they have come down to bottom price.So if you wait for some more time,it may start to increase.Just understand that altcoin market is highly volatile.Don't get panic at any time.It is the basic rule of trading.Don't follow the market blindly.Turn a deaf ear to rumours. ups and down is always there in all types of altcoin or even in bitcoin. I think those people who can wait and have some patient they can really make good profit from bitcoin,. but those people who do not have patient for most of the time they lose their money. |
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h I think the best way to do now is to sell for the mean time the bitcoin, because bitcoin segwit had a large impact to crytocurrencies world. As you can see now bitcoin value was smoothly declining, so as preparation and avoiding of lost, just sell and let go for the mean time the bitcoin.
Actually i dump my bitcoins last week when the price is at its peak for this month since im doubting for the august month since the issue of split might give bad effects on it and look what happen now looks like the bad delimna is already occuring and i think my choice to dump is not wrong to see the red state are now happening at this point. But lets hope their would be no big dip that will happen august. That's okay, you have dumped your Bitcoin and earn profit from there and also the Bitcoin's price right now seems getting dumped as you can see on altcoins right now. Maybe because holiday time and for sure the price will be up again. Price may go even lower in coming days so I am waiting for that so that I can invest money in altcoins when price goes even lower so that will make a bit easy for me to make some profits in quick time as price may start going higher in next month so that would be the right time to sell them. bitcoin price has a very good support at this point therefore i do not think that the price of bitcoin can fell down any more therefore i think if you can manage to hold or even manage to buy more then you have a very good chance. I think those people who want to make more money they need to hold bitcoin. but I think everyone has their own choice,. some people like to invest money in bitcoin eve in current position, they are still confident about the future of bitcoin and therefore they want to invest more and more more money in bitcoin. |
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Disappointments are normal when we expect a different or favorable outcome from our investments and it turns out the other way arountd. BTW, cryptocurrency market today is recovering now. It seems all is green at this moment. Yeah that's true it's part of the trading activities of every person that trades. When you think that you can profit a lot but the coins suddenly fell down a lot but today all coins now are recovering. Sometimes disappointments lead to a greater success in life. Time to start trading also, we will not gonna lose in the crypto market if we have that patience that is necessary. When the market is down, just calm down and relax, wait for the right timing to come back and start making money again. yes that is right there are very little chances in bitcoin to lose money. i think those people who have good patient and can wait they have little chances to lose money in bitcoin trading and other altcoins trading. I think in all type of trading and investment we need to have good experience I think through experience we can show good result and can make money from trading. I think we need to spend good time in trading to get experience. |
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sup guys,
anyone wanna sell btc@2100-2000 ??
PM me
Why would they? That's like 5% less than spot price right now. People will rather sell at current prices than sell it to you. Unless you're offering something better than "more money" then I don't think anyone would be interested in your offer. Good luck though. Exactly, the current price has recovered already and I doubt someone in the right frame of mind would sell to you right now. You are offering bargain price and no one will bite that price. If you don't have the money then wait till the price goes down more, maybe after Aug 1. But now, nah, seriously doubt that. Too detrimental if someone wants to sell at you the price is setabil and they can sell at the desired price. The price you write is too cheap better keep your money trying to see the market more thoroughly for your income. i think those people who will like to sell bitcoin at 2100$ to 2200$, they are selling it in panic. otherwise i do not think that there any other reason to sell bitcoin in such a low price i think think it is not the best time to sell bitcoin in such price. |
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...
If you are traveling and lose your credit card, but in a country that has a reasonably active Bitcoin scene, you can sell some BTC to pay bills while "over there".
This may become an issue for us.
Here is a case for having an online wallet, "travels anywhere".
Having a bitcoin is a privelege , if we had a bitcoin we already have the curency for the future . And bitcoin for more more years will be likely to increaae its value more. Indeed. Having a bitcoin will help you to gain a lot of income and I think it will our future money. In addition to that, if you had a lot of bitcoin it will make you millionaire or billionaire in the near future and also it will help you to sustain all you need in your daily life. I believe that the price of bitcoin will goes up. yes the facilities that bitcoin is providing us to make money and increase our income is another good reason which is making bitcoin more reliable and trusted. in fact bitcoin is really providing good opportunities to people to earn livelihood. |
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Well, I guess the transaction could eventually happen but after much time, and not fast, because the miners look for higher transaction fees. If they don't happen, well you won't lose your btc and they will return to your account. But if you really want to make some transactions, I suggest putting a normal transaction fee, so It will eventually be processed faster.
That right, because It's better to have a normal transaction and got a smooth process  that is right if we want to have a good and fast transaction we should go with a little fee. and specially for transferring a big amount where we feel reluctant while proceeding the procedure. |
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The best thing I like about bitcoins is that I can easily send and receive money at any time from anywhere with very low fees and now for doing that I don't have to depend on banks or other payment methods like Paypal or WU which involves huge fees as I can do it very easily by sitting at home.
Same here I love how we can easily use bitcoin in sending and receiving money and also here in my country I can pay some of my bills using bitcoin so its advantage that I am earning bitcoin. i like it best because of its increasing price although it decreases a little bit now but for me i like it because it helps me very much, i will want to have it and store it for many years because i believes that someday it will be huge and my country willoffer it in the market and many people will like it too and in that case the price will grow higher too. increasing price of bitcoin is a good characteristic of bitcoin, bitcoin but i think the anonymity of bitcoin is what i like the most about bitcoin. i am sure that bitcoin will continue its anonymity for ever. |
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What is the essence of banking system since 2009 in the advent of cryptocurrency? It is well known that the globally has new invention which has manifested in our economic systems. Cryptocurrency has became indispensable in this world of humanity, which can be advisable for banks to adhere to this idea so that it could later become visible escrow members.
If we see the present progress, many banks around the world have adopted the blockchain technology for data remittance but none has used it for issuing tokens or transacting Bitcoins. In future, we could see banks offering investment in Bitcoins. They could create Bitcoin reserves and offer people returns. But again limited supply makes the utopia too good to be true. However, there are no chances that banks gonna use Bitcoins in their operations. These are all may we see in future but ETH would be option for them due to rate of growth when compare with bitcoins. We are seeing ICO and other projects by Etherum based smart contracts. Of course future will be run with the digital currency option only but corporates and people hating bitcoin will never let it run like that. i do not think that they will keep any option, they are going to start with bitcoin only and if they become succeeded to manage then they can take another option but till that they do not need for any other option. |
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The best way is to invest your bitcoins in trading if you have any knowledge about trading and market know how. Other ways like cloud mining and gambling sites involves high risk and also mostly of them are scams.
if you have a good amount of bitcoin then you do not need to invest your bitcoin anywhere, you just need to hold your bitcoin for the price increase, because the profit that bicoin can give you you even cannot think from anywhere else. |
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dear manager i am requesting here for last three weeks that my ranks has been upgraded to Full member but still am receiving payment for member status, although i have already changed my signature to Full member. please upgrade my status to full member thanks.
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my experience is buy then set high sell price then quit and wait 1-3 month Absolutely right mate. If you become impatient then trading sector definitely not for you. Trading all about depending on your sharpness and choose the right time that's why you will set the goal. And the right time. trading need a lot of patient and time, some time you will wait for weeks even for months for the price increase, if you cannot wait for that time then defiantly trading is not for you. you should find a job from where you will get a fixed salary . |
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