I'm pretty good at managing money now but I can't say I always have been. I think I do a good job of investing my bitcoin and controlling what I hold on to and what I use for trading and lending, etc.
Well even you are going to have a lot of investment in bitcoin still you need to be able to manage your money properly. And what I am going to do is when I have good enough money I will going to make a list for everything that I will going to spend my bitcoins and allocate them properly. Like some part for expenses and some for investment. |
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as only a suggestion i will say saving money is the best option for everyone as it will not only satisfy a bigger demand but also can be used to fulfull an emergency need but we usually invest that money too so that is not stoppable but it is controlable so try to save a percent of your money
just saving money is not good options. Its a better to invest some of money to get profit dont invest all your money is not good too. That is true, with saving alone you will not experience a good future if you want to live a comfortable life, money is subject for inflation therefore it is just right to find ways to grow your money and the best way to do it is by investing your money in different investment opportunity in the crypto world. Are you sure about that if you are going to save then you are not going to experience good future? Then what happened to those bitcoin pioneers that hold a lot of bitcoins or in short they save a lot of bitcoins until the price is right. And they are already in this 'future' of them way back to its early bitcoin days, they have already a good future. |
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Selling everything doesn't make any sense and I think even small part of it should not be sold at this stage as price is not too high at a moment, so its better to save them for future.
Yeah you are right that is why it is better if we are just going to wait for furthermore increase of bitcoins price. SO if you are going to sell today what possibly you are going to make is that you are going to miss the chance of earning good profit in the end by just simply holding your bitcoins. And that is why patience is a virtue. |
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Managing money is really a tough work for anybody who earn limited amount just enough for their normal living. And ocassional parting, tour, aniversery, gifts add up more expenses which will empty all bank deposits which you are trying to save. I am under this category so i am not good or i haven't done any significant saving till now.
So I want to advice you that before you are going to spend your money make sure that you are going to use that for your priorities. And don't ever buy the things that you don't need and don't buy the things that you only want. Because if you are going to do that possibly is that you are going to have problem with you financially. That is very general advice. When you have some bitcoin, it is better to save most of the coins. It is general advice but some could not do it. Saving a lot of it gave me the chills of what ifs and some questions that makes me scared to the fact that it might gone wrong any minute. Then what? Everything will just be regrets. Yes don't forget to keep on saving if you have bitcoins and besides if you are going to keep on saving in bitcoins you are also investing with it. And when the price increases what is happening is that you are able to get good profit so saving is also required to be a good manager of your money because that is going to help you in the future. |
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I buy when it's relatively low like now and wait for the rise to happen. Because it eventually does happen. It just takes a matter of time that's all.  do you really think that the bitcoin price wont go down from this price range,no one can really predict what is going to happen with the price of bitcoin and i would term this as a dangerous investment ,i would put some money in it but i dont want to risk more money in it at the moment. The bitcoin price will raise till 2019 then it will double the current value of 500-600 dollars, the price will reach atleast 900 dollars in that period. Sure there is a risk into make a big investment but if you dont need those money on the next 4 years its time to invest and wait. That is so long before it is going to happen because in my own honest opinion, that price of $1,000-$1,200 would be possibly happen on 2017. And if you want to get some profit on that year what you must do is to buy bitcoins today. Because the price today is still somehow low and don't wait the price to increase before buying. |
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Sure, if you are actively using your bitcoin the price is very important because you can make an instant profit or loss with your bitcoin. But if you are acting like an investors you can wait for years and in my case, being an investors, the daily price is not important at all.
Well for me I can say that price do really matters and investors loves this type of movement of price with bitcoin. Because they are not going to risk their capital for this type of crypto currency if they are not going to earn good profit with it so they can see that even though they are just going to wait for the price increase they are going to earn. in fact many people are eagerly looking for bitcoin bitcoin prices are high. the higher the price the higher the bitcoin their zeal to seek bitcoin. Well, I myself feel it, because if the price of bitcoin down, my spirit sometimes decreased, but I'm still going to look for bitcoin is therefore very important to me. We have the same feeling whenever there is small price decrease I feel really sad and bad about it. So that really means that we are affected by the price of bitcoin and it really matters. But I hope that the price is not going to decrease anymore but will just going to keep on increasing so that all of us will benefit it. |
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maybe it could but i belive banks have very strong roots into the groud and they have even spread their empire all over the country and ruling over many years bitcoin is far far better than them but still is banks toughest enemy
Not maybe, it's impossible. The only entity with the power to replace the current fiat money system, are the governments themselves if they so wish. But why should they? This whole system is set up to generate them multi billions of incoming money from people every month/year. They would be crazy to change anything. Agree, to change anything completely could be very risky, so that completely dependent on electronic systems to buy and sell anything it does not sound very appealing after all, traditional methods should always exist as a primary means, without discrediting of course the progress of the new economic and financial instruments. We are already in the modern era and this is possible to happen if they are going to see that usage of bitcoin is going to be easy and convenient people will shift immediately with the use of it and going to forget totally fiat money. Only if the majority of the people on a country have already knowledge with bitcoin and started using bitcoin for some time. |
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Those who want to earn bitcoin must invest to get them. People from rich countries have more chances, because they have more options for this to happen. Some don't even have their own PC to access the Internet.
You have the point with it that is why people on the first world countries are earning decent amount daily because their country is rich and they can invest everywhere they want to. Unlike in poor countries even their internet connections they are just asking their neighbors what is the password of wifi because they are not able to avail their own internet connection for bitcoins. |
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Funny, foolish question, bitcoin can't make banks disappear because already many country had banned bitcoin and without paper currency government would not get taxes and without taxes country will ruin. And banks could adoption the technology for making the system transparent and more reliable then conventional system.
Banks are seeing the bitcoin as a threat to their business so within the powers of the government what the least they can do is to ban bitcoin to their country. In that way, then the bitcoin doesn't have a chance to penetrate into a country so if we are thinking that the bitcoin is going to make the banks disappear then that is not going to happen. It is not literally a ban throughout the country. It is more of certain industries cannot use it. Examples are through banks or selling online, they would still prefer the usage of their own currency. Somehow you can see the patriotism in it. They love their country and they want it to grow so they will need to use their own currency for economic reasons. Agree. It is for economic purposes because like in bitcoin it should also a cycle used it send it or give it so that it will roll all over our market  And i think bitcoin cant threaten banks because bitcoin populations is just too small than the banks and all of the people uses their own currency not bitcon As of now we can say that the bitcoin population is still low but as the time goes by I believe that it is going to grow rapidly. Because many people are seeing the price increase of bitcoin and they are loving it. And that is going to tend them that they are going to be adopting bitcoins soon and this is going to threaten banks services. |
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very difficult to get out in a gambling game. we need courage and also an addiction that must be eliminated. because basically play has made us addicted to gambling at a very high level.
yes its very difficult and this is why we need other people to help us to stay away from gambling. without any help from other people, we can not do this for alone. beside that, we should have make a new habit that will help us to forget everything about gambling and we don't think for gambling in any time. Well staying away from gambling is really hard to do if you don't know how you are going to control yourself. Because if you are willing to quit it for sure you are going to win against your emotion. You just need to get some advice from the experts on how you are going to motivate yourself so that you can completely quit gambling. |
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Encouraging local businesses is not a thing for users of bitcoin to do, it will feel more like pressure cause you just want to use it.
They have to be informed via commercials for example and then they will find out about bitcoin and it's benefits.
That does not make much sense, who is going to pay for those commercial that you speak of? The investors, users of bitcoin, the developers, the exchanges? Well I guess that is not going to happen immediately because the investors and local stores needed to make sure that their investments and advertising is going to be worth it. One of the risk is that you are going to advertise and not having some research on how many people are already using bitcoins to your place. That is going to be a waste of money for them. |
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I would like to buy more useful things like gadgets or some nice things that you can use in your daily life.
Overall there are already some of this kind of gadgets for sale for bitcoin but still not a lot so I think its a good market.
This is what I needed to and on my list but hopefully there are going to have online shops that are going to accept payment with bitcoin so that I can just order online and no hassle at all. No need to fall inline with the stores outside and have a ride. But I think this is going to happen nearly in the future. I love gadgets and if it helps me with my passion. |
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Yes I believe in bitcoin,first it gives me a chance to explore and highly motivated for a chances of earning.At first it may take risk but you have to give it a try,better earning is on bitcoin..
Thats good me too im believing in bitcoin because if we can't then we gonna stop using bitcoin and in bitcoin we gonna earn more money here than we expected for months and it is better to do some job in bitcoin because it easy to post and earn bitcoin per month and less risk right <3 You forgot to mention that the best way to make money without the risk of it bitcoin mining. If you do not buy, only to extract, the losses can be avoided altogether. Bitcoin mining is really a good way to earn but you must have big capital in able to start mining at your own home. But that is going to be high cost and consuming in electricity. But if you have your alternative source of energy and you are believing in bitcoin that it is going to give you good profit for sure that is going help you financially. |
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if you want to produce with bitcoin, perhaps the easiest way is to hold bitcoin do you have in a long time, but there are other ways to make money with bitcoin in the near future, however, it takes special skills to it. Well, you should try trading, because it's better than gambling
I agree holding is the easiest one to earn with bitcoin but you need to have capital in fiat money. And the higher capital you are going to invest with it the higher income is possible to happen to you. And before you are going to buy you need to consider the price of bitcoin by that time. It must be lower that the stable price of bitcoin. |
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please remove your an account in the site gambling to stay away from gambling
and life in the real world with your friend or family. you will forgot about gambling.
By removing account on gambling website is not the solution to quit gambling if he relly wants to quit gambling then invest all his money on gambling website if he can defeat it then join the gambling website try to invest and get your percentage of earning there , and try to find some really money making . Definitely not because anytime you can still create another account in any gambling sites, the set up is easy as 1 2 3 so that would not world IMO. The best thing you can do is to ask help from your friends and let them part of your development to help you quit on gambling. I agree even you are going to delete or remove your accounts with the gambling sites still you are going to keep on gambling when your hands becomes itchy again to gamble. For me it is better if you are going allocate your money into other investments that is going to give you good profit that is going to help you to stay away from gambling. |
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Brazil has alot of stores that accept bitcoin this post was quite a while ago so i can only imagine it grew even bigger with more shops.
Other countries should learn from this and replicate. If we would have 200+ bitcoin stores in every country then the btc value would be over the roof.
Well I guess Brazil has already 500+ stores already because the epidemic adoption of bitcoin is really high and that is going to be more as the time goes by. And yes, that is going to make a good adoption to bitcoin if those nearby countries to Brazil is going to do the same and accept bitcoin. It is just like imitating something and keep on re-producing it, I hope that is going to happen to for other countries. |
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Stealing is stealing, no doubt about that.
Why would it be any different if it were fiat that you were stealing?
The value of them are relatively the same with more bitcoin is worth. Undecided
Yes! Even though others are saying bitcoin is still not covered by the law, but we must stick we our morality that stealing is really a bad act. It is a criminal act no matter what and where a person is going to do that. If it is cyber stealing or not and still it remains a criminal act. But if that is just an accident of sending someones bitcoin then that is not a crime at all, you can just return it to the sender. |
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I might have to sell even if the price hasn't reached my sell target yet. Although I am still at a gain with what I have bought in the last few months, it is still not at the level where I could have maximized my profits. But then again, a gain is a gain, whatever way you put it. I'll just keep on earning and buying a small amount so I could somehow have additional investment for the future.
Yes, because it is our decision and no one can change it. If the need arise then we should sell our bitcoins if we really needed it. It is okay also to sell some if we feel that we need it. Earning is the way to have more bitcoins since buying some feels like a loss for me if you still have not gain anything when you buy them before. If you are earning it then you should not worry in selling them at the time of emergencies, as if you work on it you can again get them back, but people who are buying it as an investment will prefer to hold them in long term. Yes there are some situations that we need to consider and if some incidents comes as emergency then you must need to sell your bitcoins and you need that to convert into cash. Just like me, I am just holding some of my bitcoins for a long time but when I ran out of allowance then I don't have choice but to sell my bitcoins. |
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Trying to "multiply" about $100 through PrimeDice. Big, big mistake. I'm just happy I didn't lose it all (lost about $30), but I was one step away from it. Never play gambling for easy cash! This happened about one year ago though. Another bad decision I regret is when I bought some games off Xbox. The BTC price was $250 and a few weeks later it went up to $600 if I remember....
Well why you regret when you have bought the xbox games for small value of bitcoin? And I guess that is a good one of investments, you can sell it again for the same amount of bitcoin valuing higher because the price is already $600. I don't get it why you are regretting buying that at low price or else my understanding is not at all. |
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To be honest, one shouldn't buy bitcoins like that. It is a long term investmant, I would buy it if the price went down to less than 400 and not sell any of those for a long time.
I don't thin that we will ever see that low price of bitcoin again in future and if you are waiting to buy at that price then you are surely wasting your time as that will never happen. So better buy now or regret later, i am optimistic that the price will rise up to $1,000 by the end of the year, and I hope you guys have that kind of optimism because that is all what we need in order for us to gain a good profit from our investment. Exactly, we need to move ahead with positive mindsets and even if price goes down in coming days, we should hold our coins tight and have faith in bitcoins that it will touch $1k price very soon. Because if we are more focus on the future of bitcoin, we will not panic if there is a major price fallback, instead see that as an opportunity for us to buy more bitcoins and add on the total number of our investment, just believe in the future as that is the only way we are holding here. I agree with you if you are going to aim to get good profit with bitcoin whatever it is going to happen with bitcoin even if it comes to worst that the price of it is going to fall. And that is what I am doing when I am seeing the price of bitcoin to fall. I am take the chance of buying a lot of bitcoins because I believe after the price fall next is rise. |
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