What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
Well I do not think that Bitcoin will touch $1000 because there is lot of selling pressure at the moment so I wanted to sell my coin today at mid night. I think most of people will sell their Bitcoin for 31 December/new year party expenses, every one wanted to enjoy their earned money. i think i will sell when the price of bitcoin is reach in up to $1000 and maybe i will hold it for a while until i can see that the time is come for me to sell my bitcoin. and for new year, i think the price is not going to go up into $1000, but i don't know what will going on in the exchanges. There is a high chance of Bitcoins getting cheaper for large number of peoples will be wanting to sell them, so its tough to reach $1000. If it does best is to watch for few days, maximum week or two and then sell them. Personally I would like to sell few BTC immediately if it touches $1000, or few days after New Year. |
|
|
|
I think their is no secret of earning, one you can earn through signature campaign if your rank is full member or higher , other you can give your skill for bitcoin, do some trading , so their are so many ways to earn it is upto you which is good for you to earn
You can't earn 0.1 BTC in signature campaigns nowadays. But indeed, you can combine all the methods you have to earn bitcoins then you would most likely get 0.1 BTC per week. It's not an impossible task, it just takes patience, hard work, working intelligently, and a little bit of luck. I think there are plenty of people earning more than 0.1 BTC a week in the forum. If they can do it, why can't we? many people think earning bitcoin should be different than earning money just because bitcoin has a different name than money (USD and so on). but in fact it is all the same, with absolutely no difference. you can earn bitcoin the same way you can earn money. and the fact that some people can not earn any bitcoin is either the first thing i said or they are incapable of earning money in real life too. otherwise anybody who can earn money can earn bitcoin too. they just have to use the same methods but ask for bitcoin in return. What ever you said is absolutely right, but you might have noticed that at various times the BTC provided is low when compared with USD. Moreover many people still doesn't pays via Bitcoin. And as per the OP, sometimes when the value of BTC rises, its get tough earn 0.1 BTC per week from various sectors. |
|
|
|
Yes bitcoins will be used by almost everyone in the world .and u l see eventually that the face of banks are changing a lot .well it is likely to happen that there will be no banks at all in the near future.
I hope that bitcoin will be more advanced and well known by many people. but for bitcoin can be used by everyone in the world is impossible. for now, the government is very anti to the bitcoin Not only government is anti, many peoples are as well anti and in fear with Bitcoin. Some are less interested to know more or get indulge. But I believe by 2022 the view towards Bitcoin will change of many peoples. But yes it will be not quite possible to be accepted or used by everyone. |
|
|
|
in the future bitcoin will be used more as a currency but it will never replace "money" or fiat as we know it. because that would mean replacing the centralized, government controlled fiat which is not possible at all.
Yes, Bitcoin popularity is increasing day by day, so it is absolutely possible to be a high potential currency. Also it can be used as investment as well. It will be having great influence in future. |
|
|
|
|
I don't have any problem to be exact, but ya I see some issues which bothers me sometimes. The price fluctuates quite frequently and in large volume, but I know it has to be. Next is sometimes, the payment is quite slow. Then those you don;'t gamble or don't trade, currently have less ways to earn heavy.
My area/locality is very little bothered about Bitcoin, even my friends are very least interested.
|
|
|
|
Very true, because how would you know that you are going to be successful if you are not going to try to be one?, how would you earn money if you are afraid of being scam? Risking is the key for us to know what would happen, maybe we have been scammed but it doesn't mean that it will always happen. Just always take the risk to know everything that you wanted to know, don't be afraid.
yes that is true if you really want to make money then you must have to overcome your fear and take part in active trading, as winning ans loosing is the part of trading, therefore you should always make your self ready for loosing money, and then you should not stop but continue your struggle as you will not lose for every time. Yes, its highly mandatory to leave behind your fear of loosing and activity in trading and also to various information related places to gain knowledge. Some times you Win and sometimes loose, but when you loose you learn many things. And also Trade with money which you can afford to loose. |
|
|
|
|
Nothing such as right time in trading exist I believe, Right timing and usage of knowledge is all that mostly depends on profit/loss. Also too much greed can be some serious issue in trading. And ofcourse when you will be having some money available to trade also matters.
|
|
|
|
In many ways, Yes it is. Way better than Paypal. The main advantage is that Bitcoin is not a company as Paypal is. Paypal does whatever it wants, takes a lot of fees, chargeback process is hectic and service is pathetic.  but then why a lot of merchants adopt paypal rather than bitcoin? okay it is just the matte of time that paypal older than bitcoin , but can you see a good thing happened in bitcoin development recently? i don't think so , there is a very slow development for merchants to accept bitcoin, how can you say bitcoin better than paypal now? Paypal might charges fees and have some issues, but for general payment and buying goods/services online, Paypal is much better than Bitcoin. Moreover it might not happen but there is a chance of devaluation of your Bitcoin. So its a risk for general purpose. Now Bitcoin also has some awesome features, it might has slow development, but the users are also less, it will take time to be smooth I believe. |
|
|
|
My opinion is that bitcoin has more room to grow than gold. So it would be wise to go for bitcoin. If you wish to further diversify your portfolio, then add some gold to your holdings.
Its true that Bitcoin has a large potential to grow your wealth, but also nowadays, many countries are getting band and also its volatile and many other factors making it too risky. So, Gold is obviously safe sided holding. But a risk taker will always choose Bitcoin to invest in. |
|
|
|
you should hold your bitcoin for the next year and its right time to hold your bitcoin because bitcoin increasing its price too much faster and we know that bitcoin is very much useful qnd profitable currency than other so hold your bitcoin is very much better than other investment .
That is not the right way to be smart in using that 12 BTC. If i were you i will just sell that 12 bitcoin and wait for the dump of the price then patiently buy bitcoin again for a lower price (example: $400 per bitcoin) then patiently wait for the price to spike up again and then you can easily double or even triple your money without thinking too much on investments because you just store your bitcoins on cold storage to keep them safe from hackers. I think it is imposible that the bitcoin will decrease the price to low because bitcoins is non stop from highering the price because of market and the people who buys it and use for businesses purpose. yeah you are right that bitcoin will be never decreases its price because bitcoin is very much stronger currency and i hope it will be more increasing its price and because people adopting bitcoin for the future. I think its not possible to bet that Bitcoin price will not decrease, though it is stronger, there are many factors which may lower down the price. But the probability is very less as per current situations in the World. |
|
|
|
I think it will gonna last forever and has a bright future ahead .will the blockchain s developing day by day why not it is not gonna compete with the bitcoin world.it is quite obvious that goverment would not allow it fully buy still it will have its own way .
We cant assure that bitcoin will last forever. Remember that bitcoin now is now banned in few countries and maybe other country continue the ban of bitcoin in futurr e years. Yes, Nothing is guaranteed, it might get banned in many countries but it is possible that they lifts the ban. Bitcoin has some great features and great potential to thrive in the future if all goes right. |
|
|
|
|
May be it is greatly used new currency, but it is not possible to replace USD. Replacing USD with Bitcoin might effect the economy worldwide as well. It can sustain as a parallel currency/Investment but won't replace anybody I believe.
|
|
|
|
Of course paypal is not scam, it have dumb rules but they don't scam
Well PayPal has serviced many users online and it has proven itself over the years. But their current security system that locks your fund if they detect transaction problems is not good due to their poor support system. Just this day a group in Facebook are debating that PayPal is a scam, well I am not sure of that but I have fear that possibly PayPal will just stop without us knowing since bitcoin has negative impacts on their sales. Yes, PayPal is good and effective in many cases and serviced many users. But their is complications in their system. Many fraud cases occured, and they are not 100% successful in solving those cases. Also their are many regulations by Country, so they are not fully funtional and hassle free for some countries. They are not scam, But it has some serious issues as well as benefits. |
|
|
|
|
It totally depends how much is your saving? What is your interest and How deep is your knowledge?
If you have a quite extra savings, then save few and use the rest to Invest. Saving only help you to manage sudden requirements, but Investments help you to earn a good Amount as a return.
|
|
|
|
|
If the price touches $900-$1000, it would be nice to buy some more Bitcoins and hold them. But if its goes directly more than $1500-$2000, which is quite unnatural, I would sell some of my Bitcoins and watch over the price for few days to take some more actions.
|
|
|
|
|
Loosing money is the process of learning and leads to be more strong and lets you earn money safely later. There are two process of learning, Simple/direct way and Hard/indirect way. Loosing money is the hard way, but you learn something you never gonna forget and won't repeat the mistake by any chance.
|
|
|
|
Definitely in the first place to try to earn as a very big need for money there.
I think earning money will take a long time, unless you do the work that is daily, or the daily salary, such as self-employment or selling a service, but it will not give you a lot of money to you, you should have another way out I don't think being self-employed can fix your desperation of money. The amount of money you will receive depends on the amount of work you do. So it is not fix you don't know the exact money you will receive. Which will put you into a disadvantage of many uncertainties for your plan. I rather know what I have first rather than depend on something I do not know yet. Big money brings only illegal activity. Only by breaking the law, you can earn a lot, quickly and without making much effort. But it is fraught with consequences. Its not necessary to bring illegal activity to get big amount of money. You can earn a quite amount without breaking the law but yes, initially one have to make big efforts. If one can use his/her skills and work actively then its all Cool. If one need desperate money, work long hours, even at home. Invest if you have money and knowledge if the need for money is far away. |
|
|
|
It's unfortuante that india is not ready for bitcoin yet, mainly because people is too uninformed to even know what it is let alone how to properly use it to store and move their wealth. A lot of people is going to lose their net worth because of government stupidity and gold will be confiscated if they try to go the gold route.
People from India love gold so if the government tried some confiscatory measures I’m sure there is going to be strong resistance against it, that is why I think India is going to adopt bitcoin, if we explain them that bitcoin is like an electronic form of gold. Bitcoin is already being adopted by many Indians. And after demonetization in India, many peoples are getting into Bitcoins. The acceptance rate of Bitcoins will be going further gradually. Not only they are uninformed, many people live in fear. Gold can be bought electronically also, but they by physical gold out of fear for feeling more secure. |
|
|
|
|
It is very much possible for Bitcoin to attract new user. Bitcoin has some great features which makes it more hassle free and easy for users with proper privacy. Not only it is a great way of transaction but also a way to grow your wealth.
|
|
|
|
But I agree with you that use bitcoin give more control and freedom, government cannot confiscate it.
There are exceptions. Gold bullion is quite easy to hide, and this makes it hard for the government to confiscate it. It is also very hard to confiscate Bitcoins, but there have been well known incidents when that happened. An example is the FBI confiscating Ross Ulbricht's coins from the Silk Road. I never see that gold can be hidden safely. Because gold is the physical goods and where we store it will definitely be with easy to find, because in terms of physical gold is visible and in terms of the elements forming the gold we can search for it with the tools that are already berbedar. And for bitcoin then I think it is not yet possible to confiscate, as are digital and the FBI bitcoin can not enter into the system because it contains no bitcoin can enter Bitcoin is totally digital, and about Gold one can buy Physical as well as Electronically. So at some point it can be hidden, but also it is possible for the government to know how much you possess. But Bitcoin now is much better option to think for investing, for both financially and safely. |
|
|
|
|
Show Posts
