Currently I do not have much experience in bitcoin so currently I will remain on both side and after that when I get more experience and when I notice that bitcoin is more profitable for me than my day job then I will join bitcoin and will leave it.
For me, I'm going to be wise with this decision. I'm going to depend first on my full time job so that when ever I'm going to lose my bitcoin job. I have still my main source which is my full time job. And if ever there is going to be a problem to my full time job. I'm just going to look for another job and still going to work for bitcoin job. |
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I think bitcoin is much better than gold, because the traders can earn profit more faster in bitcoin rather than gold, the reason is that gold price is more near to stability and bitcoin price fluctuate at bigger pumps and dumps, and any person can afford bitcoin while gold is only for rich people.
If you are going to think clearly bitcoin is much better than gold. Bitcoin can be used by a normal person for buying and selling things. Just like buying gift cards to amazon you can buy it with the help of bitcoins. And you can just send your fund to anyone in the world as long as he has wallet address so that you can send it to him easily. |
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Gambling is addicting because people thing they can win but the truth is we can not. there are many strategy which can only slow down our losing time but in the end we know the truth we will lose all of it. in gambling people mind and greed plays a very important role and this is applied to all type of people no matter if they are foolish or genius they can't win from casino
That is really why gambling is addicting the essence of winning is the reason why people are getting addicted in gambling. But in the end, they are not realizing that gambling is really not the way to earn. That's why they are gambling too, the hope of earning big money into it. But the reality they are not going to earn out of it. |
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Loans are always risky.
You never know if you get your money back, especially with bitcoins where you do not know the other party.
Chances that you are getting scamed are just too high, even with escrow.
I agree that loans are always risky and it is both risky for lender and the borrower. The risk for the lender is that there are chances that the borrower is not going to pay the amount he paid. And for the borrower is that you might not able to pay for the loan you have paid and you aren't going to get your collateral at all. |
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I would choose gold because it has already made its mark. It is stable and established. It's been here for centuries and it has a physical form. We may be in the information age now and we have high technology but still we can't deny the fact that gold is a precious metal and its value will increase eventually because of its usefulness.
Choosing gold is good for this days.. But we all are dealing BTC as a business and we all know that gold is also limited and BTC is also limited, and the price of Gold is high that we cant afford the Gold... So BTC is the best option, it will rise and come in compare to Gold it is good to have bitcoin than gold now as price will increase in the coming months. gold is having the same price for over years. I agree it is really better if you are going to focus on bitcoin rather than gold. And it is better to work bitcoin rather than gold. Gold is physical and it is really hard to sell it. But if with bitcoin you can just sell it to the exchange sites easily and there are now stores that do accept bitcoins for payment and as well as merchants. |
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The newbies must avoid the faucets because it's worthless, much better for them joining this forum and building their accounts, and then join the signature campaigns.
+1. Being in this forum would make them learn a lot of things. Faucets are just for those people who have literally no skill to offer. Those people who aren't capable of learning something new. I think the reason why newbies keep on doing faucets is because of the things that the faucet sites say and also because of the promoters posting a big amount of money and saying that he earned it solely from faucets. But the truth is, the electricity and internet bill would be higher than what he had earned from faucet sites. Yeah,but i dont think that actually people who dont have any skills are doing faucets,i would rather say that people who dont know about any other good ways to earn btc without investments,becouse the still dont know how faucet is bad, comparing it to any other ways,like even signature campaining,on newbie rank. Earning from faucets is not an mistake, as that is the only way to earn free bitcoin for a newbie, but over a period of time they can develop their skills and try to find better ways to earn. Faucets is part time job, but it is not parmanently job, a lot of people are started their career in signature campaign with faucets and now mostly members are left it. and now only few peoples are doing it. But you are right it is really helpful earning for the newbie, actually i want to say newbie should do the faucets and later on when they realize they can earn in campaign than they should left it, Faucets is really created for newbies and that's not a mistake if newbies tend to use to earn with faucets. What the problem is that they are just thinking that faucets is the only way of earning with bitcoins. But it is not really profitable to use faucets for earning, even you have a lot of referrals you are not going to earn a lot of it. |
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I don't know why but I always get a feeling to gamble, after then losing my money, I quit for some time and then continue, but I know I will lose my btc  Why is it so addictive? You are right you will lose your coins if you remained there for longer, as there is no any way that we will earn money while playing games, gambling will make you lose all of your money for which every person is guaranteed. Because that is the reality that everyone failed to accept, they only see the bright side in gambling which is the winning but they forget to analyze their chances and risk of losing all our precious things in life. People just think that if they have won ones that they can do it again and again, it seems like the casinos is doing this on purpose. They make you win this one time so that you think that you can win again and spend more money. Yes that is their mindset if they have experienced the chance of winning they are just going do it again. Because they want to experience it again and that is why gambling is really addicting they are hoping for the chance of winning big pot on it. But what's happening is that they are just losing their money at all. |
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If want to become rich? Do what just put in your mind that no one can stop you to become rich by doing good servant to God. And make action for it not only in your dreams go work with it so that you can earn and do bussiness and make your dream come true. Put God first in your dream and make action fot it i know its work.
Yes put God first, seek ye first His kingdom and all these things shall be added unto you. It is written in Matthew 6:33, ask first God for help so that you are going to be successful. And after the job is you the one that will going to work for it. It is needed because God cannot moved along if you aren't going to do something. |
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save your money because invest is to risk
save your money you will get nothing invest is better choice. yes, investment have a risk and you also can get profit for that. yes investing is a smart choice if you want to earn extra income, but I don't agree when saving it's vain, it's true when we saving money did not get the advantage but we can not lose when you choose to save the money in the bank. You will still lose because you lost the opportunity to earn more with your money, what you are doing is you are just making the bank more richer because they will use your money to extend loan to the borrowers. But in return the government is going to give you interest for letting the bank have your money by just saving it to them. And of course even there is an interest it is only really small amount that you couldn't even buy anything on it. But if you have big amount of money that saved it is better. |
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I am not spending right now, firstly I used to spend on gambling but after loosing many times I preferred to stop wasting my coins on it so at a moment I am saving it for future.
I am spending bitcoins in real life because I really need it for paying my internet bills and other things as well as prepaid loads. And it is a good thing that there is an exchange website here in my country that you are able to buy or sell your bitcoins easily. And after it you can just withdraw it with your cash. |
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We should all end up having our own business because that is the only way we can experience a comfortable life in the future, while we are working we should learn the basics and technique in business so we can also apply that in our business in the future.
That is really needed to learn and study first the techniques and basics in bitcoin or any career that you are going to enter. It is really a must thing to do because if you are not going to do it. It is like you are entering a place without any clothes that you are wearing. And for me as long as you have good source of income then it is fine. |
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It's very hard to spend bitcoins actively and usefull at the same time cause it's not accepted by many good online shops and and i can't use it offline in my city.
Yeaaa it was bitcoin main problem but soon or later it will solved . Many merchants will accept bitcoin as payment processor, it is just the matter of time. People will realize how easy and useful using bitcoin than use physical currency. Exactly it will be done in future for sure, and for that we need to have some patience and at a moment we have option of spending it online so we should be satisfied with it. online merchants accept bitcoin are growing faster than everyone expected . the biggest news this year are paypal welcoming bitcoin as a partner through bitcoin firms such as bitpay and coinbase. and one of biggest online game provider steam also announced they accept bitcoin now. I just found some great online stores that accept bitcoin rest is just a small online stores or easier if you wish to use bitcoin as a payment you can look for people who want to sell their goods through advertising in this forum because it's only what i do when want to spend my bitcoin. We can even find good sellers here in the forum, just look at the goods section as there are a lot of items offered for sale and even services, that is the beauty of using bitcoins because we can easily find seller and transact online. Yes there are good sellers here in forum or even you are going to sell something there are also good buyers at all. It is just going to depend if you are on the same country, that is going to be appropriate if you are both in one country so that you can able to manage deals easily. Unlike offshore it is going to ship something. |
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i choose the bitcoins, you will need is to online and express your idea, not like a gold to earn this you need to be a miners, just kidding how i can afford the gold if i have no money, while if i online and express my idea to other i can earn income in bitcoins, also i agree that the bitcoins is a digital gold. so what are we waiting for lets go and go to bitcoins eveyday. im happy to be part of this network.
Bitcoins is not yet universally accepted, many countries are not willing to regulate the bitcoins because of which there is lack of trust towards bitcoins. For the time being its better to invest large money in gold and less money on bitcoins, just to be on safer side. Yeah there are some countries that really prohibits the use of bitcoin.. I don't know if Russia is already accepting bitcoins, I know some of people there are using bitcoins, but I have read a comment here on a thread that their government is not allowing their constituents to use bitcoin at all. I don't know if that's true. And that is really going to be a go for bitcoin. I don't see why such countries should prohibit using bitcoins when it is beneficial to the people, with bitcoin we can easily transact online and we can avoid huge fees charge by other companies for online fund transfer and transactions. In addition, this is also a good investment, I don't think there is something bad with using bitcoins. Because are scared that their local currency is going to be dead. That's why as early as they know they are doing something in able to prevent that to happen. That is why prevention is better than cure. And they know that bitcoin is really going to be a great currency and they can't control it once it is going to be used to their country. |
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Traditional money in the near future will lose its function universal means of payment and will be replaced by electronic money. The main difficulty rejection of coins and banknotes lies not in the level of technology and in human psychology.
In e-money has a number of advantages and disadvantages. Banks and other electronic payments, bills and small change than financial institutions are much cheaper and easier to operate. The development of e-commerce further accelerates the process of eliminating the traditional money.
In the future it could happen, I know digital currency or e-money will rule the world as it gives us the convenience to transact online, and it would be easy to trace our transaction but paper money will not be out in the circulation. But even then, you're talking about e-money in a form controlled by the government. Our economy and banking system is largely electronic already, but the control of the supply is still down top-down, from the Federal Reserve and the banking institutions it oversees. That is the reason for bitcoin cannot be a future for paper money,at least that is my theory. It cannot be,because bitcoin isnt controlled in anyway,by anyone. So goverment would not let to erase the paper money,to get some crypto-currency,that they cannot even control in any way. Yes it will be tough. But btc will surely minimize the use of paper money. Coz it has many benefits over paper money. The govt won't let it happen and that's why it won't full replace paper money The future of paper money is always the same, maybe the designs are going to change but the use of it is going to be there. And even the bitcoin is going to the trend. It is not going to change the use of paper money. Because paper money is being controlled by the government unlike bitcoin government is not going to control it. |
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I do not have any money to buy bitcoin but i already have bitcoin because i continuous collecting bitcoin in different method but mostly i got btc in signature campaign. even i can not afford to buy at least i have bitcoin.
Well we have the same situation that i don't have enough money for buying bitcoins. Instead I'm working for it. But if there is going to be a chance that someone is going to give me good amount of fiat. I'm going to invest and buy bitcoins as the price today is still low. So if ever the price is going to increase I'm going to get profit out of it. |
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I don't think it's a good idea to invest 1 bitcoin for long investment today. Because the halving is done and the price of bitcoin is not increase. Better you hold your money first.
For me that is a good idea if you are going to hold 1 bitcoin or invest one bitcoin for a long term investment. And it is just going be possible if you are going to hold it for the upcoming price increase. The halving did already happened so the next of it is the price of bitcoin to increase. If you are just patient enough you are going to get good profit. |
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I mostly spend my bitcoins to my bills. Sometimes I am buying some goods who are accepting Bitcoins. But as always, I usually spend it on game credits. Because that's the reason why I earn BTC. I usually earn 0.001 - 0.005 every week. So I can convert it to dollars and use it on gaming. But sometimes, I earn my BTC just to use it at trading sites.
This is what I'm doing also, I'm spending my bitcoins on paying my internet bills , electric bills and other things that has billing monthly. And not just billing, I'm also paying bitcoins for buying prepaid loads those are things that I'm using and spending actively for bitcoins. Or else, I'm just going to cash it out with fiat. |
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save your money because invest is to risk
save your money you will get nothing invest is better choice. yes, investment have a risk and you also can get profit for that. yes investing is a smart choice if you want to earn extra income, but I don't agree when saving it's vain, it's true when we saving money did not get the advantage but we can not lose when you choose to save the money in the bank. I don't agree if you are going to save your money and you will get nothing? What? You are not going to get nothing out of it. If you are a good saver of your money then you are going to get a lot of thing out of it. Especially in time of emergencies then you are going to get something on your pocket if you have savings. |
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Investing to trading or exchanging btc and alt coins is a good choice. It is really profitable if you know how it works and how to manage it. Just choose the coins that will give you benefits, so meaning to say avoid those shit coins that turns into dust.
You can't say before the time that which coin will turns into dust and which coin will pump in the market. I know lots of people adopting new coins and investing huge amount of btc in their ICO because they believe that the price of that altcoin will surely grow and they could double their bitcoins. some time they may be right and some time people loose also. I would say that always invest in the part that you can gain some good profits out of it. Like trading for sure you are going to be good with it and you are going have positive outcome. You just need to be good at it. well, trading is also a way of earning good amount of money and it really don't need lots of investment.. altcoin trading is even more cheaper. you can start with 5$ 10$ easily. but don't take trading so easy. it is not a play of child. it need lots of practice, concentrate and patience of course. without these things you will not become a successful trader. I agree that only trading is the good way to earn bitcoin from investment. When everytime I hear the word investment what comes to my mind are the scams, hyip's , cloud mining and other scamming sites. And I think there are people who thinks that way too. |
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I will primarily go for bitcoin but it totally depends upon market conditions. If I am expecting good returns from gold then I will go for gold and reinvest profits from gold in to bitcoins. I believe in delayed gratification and thus I might hold it late but I will have it for sure.
Me too I'm going to go for bitcoin because even I really want gold the fact is that I cannot avail to have gold and I can't mine it literally. But with bitcoin, I can have it and mine it. And there are a lot of ways to get bitcoin you just need to work for it. And you can send it to someone easily. |
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