Both ways are need for some basic capital and investitions. To trade you need big sum of money to feel the profit and for mining you have to buy necessary equipment, which is not so cheap, so, you have to look at all pluses and minuses of both mathods to decide what is better to you.
ROI in mining is much longer. To make a profit in mining, it is necessary to make big investments. And the return time of this investment is very long. It makes more sense to trade with the money I will give to mining equipment. At least time it is possible to earn less quickly. A lot of people that wants to start mining seems to be discouraged because many are saying that mining isn't profitable now and for the next years to come. Yeah, capital in mining should be big and it's not just a simple investment as you need to buy a lot of mining equipment, it's better to trade rather than mine, for me. That's right its better to trade instead of investing in mining as it will require descent capital to begin with and if it doesn't goes in positive direction in future then you will be making huge loss out of it so putting money in trading is better as you can make regular profits from it if you make a right move. It's hard to take the risk of it specially if you are living in a country that electricity isn't free or cheap. Just try to mine with alt coins and after that go trade it. Mining is profitable for the early adopters where the difficulty isn't that hard and miners are very few so the competition isn't that big. |
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Yes before I always regret of missing bitcoin during its first few years. I already stopped day dreaming to become rich by bitcoin someday. All I want now is to let it grow, and just to earn a small amount money profit from trading.
It will grow and of course we always want to earn to the next level. And if you will keep on learning with trading you will become rich and will possibly earn higher than the usual you are earning. I do believe that bitcoin can make us and it's my dream to become rich and I know that it is possible now with bitcoin by working hard. I support you. I also believe that bitcoin will make us rich. Just need to be able to use it. Or choose an object of investment, or trade - there are many ways to wealth. Yes, you should choose your very own preferred investment. If you think that you'll grow in trading, go for it or if you think that you'll grow in buying and selling of goods and services business then go for it. As long as you have your legit way of making money and just always use your time properly for generating bitcoins. |
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i think trading is the best source of bitcoin because bitcoin trading is very much easy and bitcoin price rising everyday and there is a lot of people buy bitcoin with low price and then sell it with high price.
And both types of trading seems to be the best, trading of bitcoin/usd and alt coin. They are profitable and as the price right now is getting up again, together I'm getting profit from it. Another thing if you do have other source of income, most of the people here are into campaigns and services to offer as remote worker. |
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Yes before I always regret of missing bitcoin during its first few years. I already stopped day dreaming to become rich by bitcoin someday. All I want now is to let it grow, and just to earn a small amount money profit from trading.
It will grow and of course we always want to earn to the next level. And if you will keep on learning with trading you will become rich and will possibly earn higher than the usual you are earning. I do believe that bitcoin can make us and it's my dream to become rich and I know that it is possible now with bitcoin by working hard. |
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Both ways are need for some basic capital and investitions. To trade you need big sum of money to feel the profit and for mining you have to buy necessary equipment, which is not so cheap, so, you have to look at all pluses and minuses of both mathods to decide what is better to you.
ROI in mining is much longer. To make a profit in mining, it is necessary to make big investments. And the return time of this investment is very long. It makes more sense to trade with the money I will give to mining equipment. At least time it is possible to earn less quickly. A lot of people that wants to start mining seems to be discouraged because many are saying that mining isn't profitable now and for the next years to come. Yeah, capital in mining should be big and it's not just a simple investment as you need to buy a lot of mining equipment, it's better to trade rather than mine, for me. |
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If you want to be a good investor you need to be knowledgeable on whatever it is you want to invest in and you also have to have some startup capital.
Only a fool is going to invest without any proper knowledge on what he is investing. It's a must before you are going to invest, you should have enough background on what you are investing because your aim is to earn money not to donate money. And always get some help if you think that you can't your investment seriously. |
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The 52 week challenge is a terrible idea for Bitcoin because the price is so volatile. You just need to get in as early as possible with the money that you can afford (as soon as the price is at a reasonably low point like now).
Well yeah, the price now seems to be higher and doing it with bitcoin instead of fiat is more of a challenge. But if you do have stable source of income in bitcoin and will try this out for sure you are going to get a lot of profit in the end after saving. Doing this at lower price of bitcoin isn't going to happen now and in the future. |
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If you want steady income then only way is to find something then work for it otherwise there is no way to get steady income. Good luck
Even you don't have work you can have steady income as long as you have your own investment or business. Most of the people that are earning steady income are those businessmen, because they are focusing with it and working hard with it. And that is making them a good amount of money which is very effective. |
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Yes only if I have some extra bitcoins to spare. Ponzi are only good on early and middle stages and then the company will suddenly close or just don't pay at all. Such as bitminer.io it was paying a while back but now it doesn't.
Better not to waste your precious time,effort and bitcoins with them. Whether you are in their first phase or early part still they can still run from their investors. There is no guarantee if you will join them at early stage and they will keep on remaining as a scam, so for me it's better to avoid this type of investments. |
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You should start with a website and try to drive traffic into it first. The most basic way is create content on the site, make a fanpage and promote it on Facebook, and then share your website content here to attract audience. After doing that, you will know what you need to learn more.
Facebook marketing/advertising is the most effective way to promote something you offer. And what's good about it is that can reach a lot of traffic and potential people who has a connected interest to your product, FB is already identifying their members interest because of information the same thing as google do it. Yes. Facebook and Twitter should be part of your media campaign. Just include your link,blog or website to your tweets. But you have to be careful in using your twitter account name. It is very important to choose account name and images the same with your brand. There are a lot of tweaks that you can improve on your profile page and don’t miss these important features because this will help you expand your presence and business in the horizon in the Twitter world. I find twitter is a good way to do internet marketing but nowadays there are even more active people that are socializing with facebook. But I'm not under estimating the power of twitter. Just maximize all the social media websites that you know and make your own pages there and you are already doing internet marketing. |
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My strategy in trading is the most basic buy low and sell high, I think almost all of the traders do that because that strategy is the most basic and the most profitable. But in trading the right timing and right coin is a must to win and to earn a profit. traders need to have a patience to win the trading or to earn more because short term trading is a short profit too.
Of course most of the traders are doing this strategy and there's no trader that will buy high and sell low. It's a common sense that a trader will always get for profit when trading. And I don't have any other strategy with trading as this is the most effective and very common way of trading. |
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Disapointed in trading is normal, but i never stop trading. I learn much more about analysis and emotion control
Disappointment is the end of success. If you are disappointed, it means you will quit trading and thats not good. Learn from mistakes and you can even recover your loss and then gain profit from trading. Most of the time, disappointment in everything is just a normal thing. And when it comes to trading, that's just a normal thing too because you will simply learn from your mistakes there. You will not experience and learn new things if you don't experience to become disappointed. I admit that I experienced disappointment many times but it's fine to me. |
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When it comes to alt coin I consider yobit as one of the best has it is listing almost all coins but when it comes to day trading I consider other exchange. And that is with poloniex which is very popular and has a lot of traders and this is making it more reputable for being trusted by a solid support from the community.
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very difficult to make in trading fixed income, because although trading can make a profit for you every day, it remains an unstable income. maybe it would work if you have a revenue target in each month of trading.
But out of that stability of possible profit you can get with trading, volumes of trades can give you higher profit. At first, you will experience to earn not that big amount but in the end the possibility of earning big amount with btc trading is there. You just need to be patient and always monitor the price of it. |
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The idea is good for buying clothes with bitcoin, but there are many other forums where people can attract with bitcoin payment like grocery, gold, electronic, etc. These things should be implemented because many people will feel comfortable in buying a home needs with bitcoin.
We can't see it for now, but it's possible to happen in the future. But we can't force those business owners who are providing home needs to adopt bitcoin. As of now there are limited business that are offering this type of service and goods with payment of bitcoin and it's good for those people that are able to avail it. If the person involves in bitcoin means he will aware of the potential of bitcoin. Therefore, that small business guy accept bitcoins right! Then, Its not low numbers of people using bitcoin as a payment gateway. Just Google and check the growth rate of bitcoin and its adoption, from the year 2014, we are just moving ahead and every day we are getting adoptors for bitcoin. I'm talking about buying your needs with bitcoin, it's not actually applicable right now because the people who are selling with those things are limited. And I haven't seen around offers this type of products here in my country. When it's about the growth of bitcoin, I know it's increasing very fast and I hope some company here in country will start to sell clothes with bitcoin. |
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I agree with you. In fact, only a small percentage of the world's population knows about the cryptocurrency. Therefore, the crypto currency will not soon catch up with the popularity of Fiat. And hardly ever replace the Fiat
It is not really able to make it, that is the fact with bitcoin. And bitcoin will always be treated as an investment by most of the people, though many of us are already using it as an online currency. But there would be one day that the fiat will be upgraded into something that has the same idea with bitcoin and other crypto's. Yes, bitcoins are now considered by many people as investments. This is due to the fact that the price of bitcoin is growing. In the long term, it can grow several times. Few people use bitcoins to buy everyday products And if you are aware of the price now, the price is increasing and in line with this progress. Bitcoin still doesn't have the chance to replace fiat. We know it that government will not recognize bitcoin as their main currency but they can recognize it as another form of asset or investment which will help their economy to boost. Well if you already consider bitcoin as an investment then you should be well aware of it's potential as an alternative currency to fiat. But then that's just about it. Alternative. It can't really replace the fiat system and it doesn't really need to. Fiat can survive even with the emergence of btc Yep, there's no need for bitcoin to replace the fiat system as it supports that currency and economy. But people and it's user who supports this crypto including us, will be using it as our real money and currency through the web. And the government is not going to allow this to happen because it can destroy the economy. |
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Yobit down? What's going on?
It is not down, maybe it's just you or your browser have a problem. Try to clear the cache and if still doesn't work just refresh your browser. If the problem still occurs, try to change the browser you are using. And with the last resort, try to reset your modem and if problem still insist go contact your ISP already. |
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bitcoin is suitable for long-term investment because bitcoin very good rate and increasing every year
Yes that is why I love investing in bitcoin because considering it's growth each year, we are seeing it's progress and it is very fast. From very low price, it is now at $1k+ and it keeps on increasing which is very promising and attracts a lot of investors. And in the near future many are considering that this will be the major crypto currency of different business. |
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0.1 Bitcoins is easy, well it depends on the price of bitcoins. As if it gets really high, then 0.1 Bitcoin would seem to be a hard thing to earn. But the main thing to do is just keep on creating new income streams. You'll be surprise one day that you are earning more than what you aim for.
And why not try to mention or give some example of the new income streams that you are saying. Because the same ways as others are the possible way of earning I know. First, for those totally skilled and wants to earn this per week are the most possible ones that can land with this amount by being a freelancer. |
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There are many ways to find the difference between this two. Trading was a form of a place of your assets where you choose to buy a coins for to trade it. while investing is a concepts the you are using it to use it as a way of payment to your assets,.
In trading, it's either you'll buy and hold it for better which is also considered as investment. There are people that are saying that these two are not that far and totally the same including me. Because we believe that trading is a form of investment, however there are a lot of factors that they are making each of them different. |
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