All i know to earn bitcoin in easiest way is joining campaign, you can earn bitcoin weekly when you are joining some campaign or you do some task like doing a blog or translate.
Earning some bitcoin through signature campaigns can be a good option but you do not get paid much so you cannot depend on it, what you can do is to sue your signature earnings for something in the future, like trading or investing in an ico, that way you can make some additional money. Well, although the income from the signature campaign is not too high but I believe it is always the easiest way for anyone who wants to earn bitcoin without investing, we only need to use part of our time to write and build the topic, they will pay us, the work is too simple. And when we have accumulated enough capital, we should engage in trading, especially buying and selling bitcoin, it is quite safe, we will earn a lot of bitcoin if we have a reasonable strategy. I do not like investing in ico because it is quite risky, if we do not have experience in investing ico, we will be very easy to fail, it's not an easy place to earn bitcoin |
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To avoid the loss we should choose the best altcoin to trade instead of trading the new altcoin to market
I will close down the PC and not think much amid that time. Possibly I will go for a drink and run eat with my companion to have the capacity to quiet down and afterward I will do a gainful test to settle on more exact choices later on Really loss is not something which can be easily digestible and only the person who face the loss will know the exact feeling of the loss. Though the felling of loss become dimmer and dim with time but still we need to divert our intention to something which can make us forget that loss. Sleeping or drinking are the two most common things which people do and i myself prefer to sleep and forget everything bad that happened. Loss is a very unpleasant feeling, it makes our mood fall into a very sad state, many people still know that loss is an integral part of trading, but we are very difficult to overcome that emotion. Personally, when I face losses, I always try to keep my mood in the most calm state then I will analyze the problem and determine that I should cut losses or I should wait, I do not want my emotions to affect so much to my decision, finally, when the decision has been made, I will be looking for an interesting game to play or to find something to do, I will never keep looking at the price, I'm afraid the feelings will make me have stupid decisions |
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http://finance.yahoo.com/news/9-ways-kids-smarter-money-100050132.htmlThis article doesn't talk about bitcoin but it got me thinking how to get kinds interested in bitcoin within the context of appropriate money management lessons. Think of we could teach kinds about it. The growth, the adoption, the inflation and retraction. The allure of the "internet money". ...what other ideas come to mind? In my opinion, I don't think that it is a good idea to teach kids about bitcoin. Kids are about to study in shool, play with their friends, and to enjoy their childhood. I don't think that they can easily understand bitcoin because in the first place, bitcoin is revolutionary and complicated. Also, we cannot assure that they will have an interest on bitcoin. Maybe some kids are and will be into it, but all of us knew that most of the kids will not like it. I very much agree with your opinion, children need to have fun with friends, learn useful knowledge to help them develop their future, they do not need to know about Bitcoin, although bitcoin is an idea to make very good money but it does not guarantee, teaching them about bitcoin only destroys their future. I never encourage anyone to teach children about bitcoin, their time is still long, they will still have the opportunity to work and earn bitcoin, but that is the story of the future, now they need to live a life that a child should have, Bitcoin is not suitable for children |
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I see bitcoin 20 years from now as a fastest growing industry and it will increase because of its market value. But other than that we will never know what will happen but im still looking forward for the good side. Bitcoin is very helpful to us.but again its unpredictable but for me bitcoin will never go down in my country they dont have the idea about bitcoin so im still looking forward what will happen in the next 20 years.
Yeah, with the strong development of bitcoin in recent years, in the next 20 years, it will be more popular than ever, bitcoin will probably reach an extremely terrible value, a value that I believe we never thought it would achieve, it always create miracles, we should have faith in that. And countries around the world will gradually accept Bitcoin as a payment method, it will be brought into use in real life, this is the best scenario I think of, talk about the worst scenario, I think that because the price of bitcoin increases too fast, it will collapse in the future, traders and investors have made enough profits, they will abandon it and find another place to invest, the value of bitcoin will be reduced drastically but I hope this never happens |
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Your mistake/s in trading that leads to loss of money
I think it will be the best to share your story so that we can avoid your past mistakes.
I think one of the most common mistake that people usually commit in trading is the fact that they always panic when the price of the coin that they are trading drops down. They really need to understand that eventually, it's price will go back up again. It may not be as high as they expected, but still it is more profitable than selling low. Yeah, that is the mistake of the investors and traders who do not have the analysis and find out the reason behind the price of the coin they bought down, they only panic and sell immediately, they are not interested in any information about it, they act according to emotions too much. Another mistake I think about is that we do not determine prices to cut losses before we trade, it leads us to lose a lot of money, determining the price to cut losses is always an important task, it can help us limit our losses |
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The crypto world can become unpredictable sometimes, making our choices of investing into it, a very limited one. From scams to ponzis, there have been many losses from investors, yet making it very difficult to find a reliable investment. But on the bright side, you could still invest into assets and commodities with your crypto like Gold and Silver. Then, if done right you could profit along the way with a good strategy. As for me, I only decide to invest into gold (by exchanging BTC to Gold) and into some NXT and BURST assets. What would be your investment strategy? Please share your tips, advice, or any good strategy you would use to safeguard your crypto investments.  The best investment that we can do is to buy altcoins if the price is low and sell it if the price is high. Trading can make us rich person someday but inorder to become successful is we should always work hard and exert effort. Well, buy low and sell high, this is a strategy that almost all of us use because it's really quite simple, we just need to buy when the price of altcoin drops sharply and waiting for the price of altcoin pumping, profits will come to us, especially if we apply this strategy with bitcoin, I can say is very safe. However, want to achieve the highest efficiency with this strategy, investors and traders need a lot of experience and skills to analyze the market, need infinite patience to deal with the boredom in the wait, investing and earning money is never easy, we should remember that |
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In my own opinion, bitcoin cannot end world poverty since some of the countries in the world already banned bitcoin in their place. Also, not all people have an idea of what bitcoin is and not all people can have access to bitcoin because you need at least a device that you will use and an stable internet connection. The idea of bitcoin is very complicated because its so hard to understand. You need to spend more time and effort to it first before you fully understand its usage and how it works. Precisely, it can not end poverty all over the world, this is one thing that I think everyone knows because bitcoin is still so strange to people all over the world, many countries still do not have internet, many people still do not care about bitcoin and still think bitcoin is a scam, although this situation is improving and many people have a clear knowledge of bitcoin but that is not enough, knowing and making money with it is two different stories. Bitcoin is not god, it's just a virtual currency, a tool and an opportunity to change lives, want to take full advantage of this tool is not a simple thing, we will need a lot of effort and patience |
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Since bitcoin is trending now world wide because you can easily earn this and it exchange in real cash. Is bitcoin the new value of currency in the internet? Is he the new money? Can we use it in buying foods and etc in the future?
I think it will be the new money, and currently, it is being used in many kind of transactions, and the feedback is relly good, people are really asking that bitcoin should be used as a mode of payment in their daily transactions like buying food, clothes and other things. I do not think so, Bitcoin is just one form of investment, it can not be considered as a new currency because the value of bitcoin is constantly changing and it is still not accepted by the government, it still has many limitations. However, I think because the appearance of Bitcoin, many countries around the world will research and develop digital currency for their country based on the technology of bitcoin, that would be the new currency, Bitcoin opens a new era for currency but it is not a new currency, it's just a new development trend of the currency |
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It is just that trading is an wiser way compared to gambling. In gambling, you just depend on luck. In trading, you'll surely earn a decent amount of profit if you have patience and hardwork.
I guess it's a right term, trading is a wiser way to take the risk or gamble with your money. Gambling is different and has various ways on how you are going to make or grow your money. Also in trading if you had lost a lot of money you can still recover it by just waiting for the coins you are holding to be pumped again while in gambling, the more you hunger for recovery the chances of losing is big. gambling is only relying on luck we theres no skills need or research just luck and the betting is done,if you lose then sorry,if you win then thank you,while in trading you need to make a research,make a better sightings on that coin and the most important is even if you lose you still have your coin,and maybe someday will have good value again. Yeah, in gambling with bitcoin, skill or analysis does not have too much influence on results, what can we do is sit and wait, hope luck will stand on our side, usually we will lose more than win, the house always tries to cheat in the match, we are always in a passive position, in short, this is just a game entertainment. Trading has many similarities with gambling but in trading, we are mainly based on skills and analysis, luck is only a part, this is a fair match, the wise and intelligent will win, this is an activity to make money, and of course, making money is always better than spending money |
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I think they know the existence of bitcoin, and surely they invest in bitcoin, because bitcoin is currently popular with its skyrocketing price, arguably it's an opportunity for billionaires to make a profit. But maybe not all billionaires are investing in bitcoins.
Of course, Bitcoin is truly a phenomenon and it is so popular in the investing world, it brings super profits, any investor can not resist its appeal, the billionaire is just the traders and investors, bitcoin also has great appeal to them, they will not miss a chance to make great money like bitcoin. So they invested in bitcoin is a sure thing, not long ago, I also think they only know bitcoin and they do not invest because they have their job, they have too much money, they do not need to invest in bitcoin, however, now I realize they are lying, they invest a lot of money in bitcoin, they even pump the price of bitcoin up dramatically to make a profit |
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It makes no sense to make plans for 15 years, when the situation on both markets - of crypto and fiat money changes every hour. probably it will not replace it.
It is indeed that bitcoin will not replace the dollar because bitcoin is not created to be a primary currency of all the people and it is just created for the people to have an option in using currency. Bitcoin is a good choice to have some investment and also to have a great mode of payment while dollar is a must because it is accepted everywhere. Agreed, bitcoin is just an ideal investment option, it provides us with a huge source of profits, however, we can not use it as a common currency because the value of bitcoin is unstable and people are still not clear about it, bitcoin is still very vague to many people. Conversely, the dollar is a common currency and can be said to be very popular and accepted anywhere in the world, the value of the dollar relatively stable, and it is supported by a powerful government, a prestigious and influential government in the world. So bitcoin will not replace dollars, it can not afford to comparison with dollars |
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
That could happen in the near future but we cannot tell when and how it will happen because the popularity of bitcoin is graciously spreading fast in the whole wide world and everybody is getting crazy in investing in bitcoin because of the profitability they will earn thru investing it. I do not think it will be a near future, now the bitcoin is growing so strong and beating out all competitors with it, it is proving its value and potential, it wants to tell us all that it is the strongest in the cryptocurrency world, so want to replace it in the near future, that's an almost impossible thing. However, we should know that technology will gradually improve and improve in the future, so we can believe that in the distant future another currency will replace bitcoin, nothing can exist forever, it always will have stops |
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Well, that thing only depends to you, exchanging all of your fiat money into bitcoin or any other cryptocurrency has its pros and cons so choose wisely. Just follow the most practical choice.
In my case, I decide to put all of my funds in bitcoin because I'm not expecting major expenses since I'm still a student who obviously depends on my family. In short, all of my bitcoins in my wallet are just my savings intended to use for my wants (but can be also used for unexpected expenses in school if I wanted to). Another reason, I'm confident to put all of my funds into btc because those funds I used are just the rewards I've got from my signature campaigns and never came from my own pocket so I feel no regrets if ever it might gone (but I think it won't for sure).
Everyone has his own point of view, reasons for any behavior and decisions. If you think you should keep some portion of money for emergencies and invest the remaining into Bitcoin it is a wise plan. However I trust Bitcoin blindly and I will not hesitate to invest all of my savings into Bitcoin. Maybe I will go for some Diversification here because this way I can understand the true essence of Bitcoin. Putting all the funds into bitcoin seems to be a crazy idea but sometimes crazy ideas always produce unexpected results, the reality has proved us very clear about this, the price of the bitcoin has reached $ 15000, that is a terrible number, and if we put all the funds into bitcoin very early, our profits can be said to be huge, we are probably a millionaire or new billionaire. Although in the past, I also have the thought of investing is not should put all into but with bitcoin, I've eliminated this thinking, it's really a trend and potential in the future, the risk when putting all on it is yes but not high, so I also soon put all into bitcoin and get big profits but maybe I sold it pretty early and now I am very sad when I look at the price of bitcoin |
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I also believe that bitcoins cannot replace fiat because not everyone is capable of earning bitcoins. Only those family in the middle class has the capability of earning bitcoins because they budget to build a computer or mobile phone to access this forum and the internet.
Exactly is Bitcoin is still not called popular with everyone in the world, the number of people who know and understand bitcoin is still very low, it still does not bring faith to everyone in the world, it is still too risky and unstable, people can not use it as fiat. In addition, it is not under the control and management of government, the government still does not accept it, the government will not allow it to replace fiat, accept it will make social chaos and increasing illegal activities, the government never wanted that to happen |
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Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...
What's your take on this, should I go ahead and quit?
Thanks
It is not wise to quit your job especially if your rank is only a Jr. Member. Having a regular job will make your finances more secure and just by adding bitcoin as your sideline your going to get great earnings, aside from that having bitcoin as a job is not that hard, you can work at bitcoin if you have a break time at your work. Maybe when your rank is Hero or legendary you can quit your job, but that is not recommended. Yeah, giving up stable jobs and going under something unstable is never a wise idea, although the bitcoin world can have a lot of interesting things and help you become a rich person in the future but it's quite dangerous, not everyone can be successful with Bitcoin, we should not bring our future to betting. Bitcoin is unstable and risky, this is what we need to remember, and I think we can balance job and Bitcoin, that is quite simple as long as we know how to arrange a reasonable time, do not let the temptation control us, it just makes us fall into difficult situations |
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people try earn bitcoin to make a better financial in life.
so if people sell bitcoin, i think they sell in any reason. some need money, for trading (to get profit by multiple their coin), for having fun, or maybe gambling. but most is for meet fulfill their need
I think most of them feel the price of bitcoin has risen very high and they have felt satisfied about their profitability, they do not want to continue to hold it, they want to convert it into cash for use in life reality. In addition, the next reason I think is that they are in an economic crisis, they are desperate and need money, the only thing they can do in this situation is they are forced to sell bitcoin their, and the last reason, maybe they do not have much faith in Bitcoin, when the price of bitcoin drops sharply, they often panic and sell their bitcoin right away. |
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While you can kind of guess, nobody can be sure. If somebody knew then they'd be rich.
The information we get might help us to determine when the price will pump, normally when there is a big event that will give benefit to bitcoin it usually pump, people are supporting bitcoin because they have also invested so they will share information that will attract new buyers and that would bring the price up. Well, information, that is really the first thing we need to know if we want to determine the time of the next pump but we will need a clear analysis of that information, it is very good information and has a great influence on development or it is just a good information at normal level. Next, we need to observe the graph of the coin, it will always show us the signs to help us know about the next pump, each person will have different skills and experiences on this matter, I will not share with anyone about those skills and experiences, it's a secret. Finally, a little advice, we should monitor and invest according to the whales, they are the source of the pumps. |
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If someone give gift 1 bitcoin, the first thing i will do is put into investment because you can sure that your money will keep safe and and make our money double someday. Its a good opportunity that someone gives us bitcoin because this is the most useful currency. Investment is the best where we put our bitcoin. There's a lot of benefits if we having bitcoin and it has many uses. Ill keep it, i don't spend it or i will keep for the important purposes things someday.
Even though I know that it is impossible for someone to give you 1 bitcoin for now is I still be glad if that happens, and even if I do have 10btc or more I will not give 1btc to someone else except to my family or my partner in life, but if someone will give to me I will be more happy and share some of it to my family members. I think if we are super lucky we will get a bitcoin from someone because they will probably send the wrong address but I think the rate is very low, it is only my thought and imagination, now, the price of bitcoin is too high, every transaction around bitcoin will always have absolute caution, hard to be mistaken. However, if I fall into that super lucky case, I would use a bitcoin to invest and save, these are ways that can help me accumulate more bitcoin and optimize profits in the future, and I absolutely will not waste that great gift for personal spending and gambling, this is not the wise choice |
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There is no sense in NOT selling Bitcoins ever. This crypto shuld bring profit. Until we use fiat money, the best way to spend it is converting them into dollars and Euro.
Almost every one of us who is investing his money into bitcoins and is going for buying of bitcoin wants to make his life comfortable. He actually wants to something big by investing his money in this. If you are not going to sell your bitcoins ever, then there is no point of keeping bitcoins. In fact, you then need to invest your money in some other business so that you may get some profit at the end. Sell your bitcoins but only when you are going to have some good profit. as far as I know investing in bitcoin is more profitable, so most of the investors are choosing bitcoin as an investment. now it's been a lot of others who choose bitcoin than other coins that have just appeared in these months. The fact is most of the people are treating bitcoin as an investment and not a currency and in that case they are not willing to sell their coins to make higher profits in future so even if price is too high now they will not sell their coins now and will wait for the price to go even higher to make more higher profits in future. Yeah, sure that people always think bitcoin is the best investment for the future, not a currency because the value of bitcoin is very fluctuating and often manipulated, it is unstable and no one guarantees it, even its creator has disappeared, we can not absolutely trust and use it as a currency. And of course because bitcoin is an investment, investors and traders will focus primarily on profits, they know that bitcoin will be the trend and the hottest investment in the future, so they will not sell the bitcoin too early, they will hold the bitcoin until it reaches the highest price, a price that they feel satisfied and profit is enough for them. |
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The fees, transaction time and volatility. The fees are too much just to buy any cheap products. The transaction time is not convenient if you are falling in line to buy something and still need to wait to confirm they have received your payment. Volatility will be a big probem when it become mainstream.
Fee is not a big disadvantage with Bitcoin because the price of bitcoin is rising higher and higher over time, increased transaction fees are also an easy thing to understand, and it is also not high rise, it rose quite reasonable, so it is not a big problem. The biggest problem is that bitcoin is growing very strongly but the time to confirm the transaction is too long, I think most of us are able to accept that fee as long as the time to confirm the transaction becomes faster but the fact is that bitcoin always has a delay in this matter. Volatility is not a disadvantage, it is an opportunity for us to make money, many people like and know about Bitcoin because its volatility |
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