I than reommend you more to invest than trading because trading is risky and can let you lose a lot of money because its stay risky to do.
I honestly think that its better to invest because of this.
Invest but where? Even investments are risky as you never know how your investment will perform in future so its better to go 50/50 with both of them to minimize risks in future. |
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yes I think investing into the bitcoin for a long term is always good because you will always make profit with it.
Its just that you have to buy on the lowest price.
But the reality is no one knows what is the lowest price of bitcoin, if we buy at current price then may be tomorrow it can fall down and in that case we have a feeling that we made a wrong decision by buying it early. |
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i mostly hold bitcoin for the price increase and thing to do with it , but now a service through which i can load my mobile and hope that in future i will be able to use bicoins for so many other things.
I think once you have them majority of them should be kept on hold for future, as price will be even higher at that time and selling them when price goes higher will bring more money for us. |
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Its not very popular in my country but there are already some people on the streets that know and the bank is also busy with it here so that is a pretty good sign if you are asking me.
You mean to say that banks are supporting bitcoins in your country? If that is a case then its a really good news for the users of bitcoin from your country, as in my country banks are against bitcoins. |
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If earning bitcoin would be easy then everyone would be holding huge amount of coins in their wallet, and I don't find any easy or quick ways to earn it, all it requires is a dedication and hard work.
but i think earning bitcoin is not so difficult, i think if you have a little knowledge about computer and internet then you can surely earn bitcoin very easily, you just need a little effort, That's right but you cannot expect huge income from it with limited earning methods, no doubt its easy to earn from signature campaign but the other ways will need good skills and talent. |
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I love trading.I you give me 10 BTC I oviously invest on trading.I have 3 years trading experience.I have now around .5 BTC I invest on trading and its keep increased day by day also I am collect more.4 month before I was starting with .1 BTC.Hope in this year I can reach 1 BTC.
Yes its good to invest that amount in trading to keep on increasing the number of coins over a period of time but I would invest only 5 btc in it and rest I will keep them safe for the future. |
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Well for current situation still not possible to accept bitcoin as my salary.I can not spend my anywhere in my country unless I can exchange to fiat currency.If near future bitcoin will accepted in our country I have no problem to accept bitcoin as my salary.thanks
This is the common problem of majority of us that we cannot spend them directly, and that is the reason most of the people are hesitating in accepting salary in bitcoins. |
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i am earning bitcoin regularly, i try to collect as much bitcoins as i can, because to me, the price of bitcoin is going to to a maximum price in next few months, therefore the best decision in present time is to hold bitcoin for the that time, and if a person do not have bitcoin, then he should try to buy some bitcoin before the price increase.
Either you buy it or earn it, you should make sure that you have enough bitcoin with you for the future, as earning or buying btc at a moment is easy but the scenario will not be the same in future. |
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i think every one has their own thoughts and thinking, to me 3 bitcoins is a good amount and to me i will really do shopping on that 3 bitcoins because i am holding my own bitcoins for the price increases.
Yeah its an decision of an individual that what he want to do with his money, if I have 3 btc then I will surely not spend on shopping, instead I will prefer to invest them in trading to grow them in long run. |
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I rather pick bitcoin, because i can earn money and earn a living by bitcoin. In the other hand, gold also good but unfortunate we can't earn gold at online like bitcoin.
That's right but what's wrong in choosing both of them as we can earn bitcoin by working on it and fiat money should be invested in gold so in future we will be holding descent amount of both of them. |
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i think bitcoin is a good place to save our money, no people can touch or freeze it, but the unstable price make our value of bitcoin unstable too, in this case, it's like we invest our money at bitcoin not like saving in fiat.
Keeping your money as bitcoin is good, but I think it won't help you in saving, in fact that would make you use it if you see sites that accepts it... It is still the best to save it in banks if you are planning to keep your money...Saving doesn't only mean keeping your money, but planning ahead in where you will spend your money...  Saving into bitcoin wont be bad until the price starts dropping a lot because in that case your savings would drain and you will have less than what you have saved, so the thing someone should do is to save the money in bitcoin but keep track of the price and news so that he can exchange them anytime when the price is dropping to keep himself safe from a loss, and if the price grows, he will be earning profits from his savings. I think you will not experience of loses if you can hold your bitcoins for a long time you should wait for a right time to sell them because the price is gradually increase and if you buy right now and the price is decreases in few days .. dont sell it just save it and wait for a right time to sell it.. If you sell your bitcoin early without price increase you will not making a good profit you are just wasting your time for waiting it. If you buy at $600 at a moment and if price touches to $700 in next few months then there is nothing wrong in selling them at price rather then waiting for it to reach $800 as you never know it may fall from to $700 to $600 again. |
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I don't think its a smart move to make especially when you have a good job with good salary where its benefiting not only you but also your family by making their life secure.
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I don't spend them directly in real life but spend them online in different areas like trading, gambling, buying digital goods and when I am in need of money then I sell them and convert them to fiat currency.
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If you are a BTC lover, would you one day like to get your paycheck 100% in BTC? Personally I won't. Because many facilities in my area doesn't support BTC payment. I do not mind receiving, say, 20% of my pay in BTC denomination. The fact that still need to be real paper money. And if the entire salary getting into bitcoin, you have to sell the coin. Therefore, better 50 to 50 That is a good choice but I still feel that we will need fiat more to take care of our expenses so it would be better if we go for 70/30 ratio, and 30% can be a good savings for future. |
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playing gambling to get lucky it's not a good idea for the easiest way to get bitcoin. you will continue to lose because of gambling.
The easiest and simple way in my opinion, you get from the signature campaign, then grow it with trading.
You can try your luck once in gambling with a amount that you can afford to loose, and if you are lucky on that particular day then you can expect higher number of coins in your wallet. |
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earning bitcoin means earning money, so to me if some one is earning a good amount of money because of bitcoin then how can we consider it as illegal.
But who said anything about illegal though ofcourse earning bitcoin isn't illegal in most places it's just another currency. Earning bitcoin is not boring or well atleast the same boring as earning fiat is, it's all the same essentially. Bitcoin gives us an opportunity to earn it in different ways, and to earn it you need to keep on working on your skills and talent to earn it more as full time job is really boring because there is nothing to do new in it. |
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I came to figure out, why would a consumer/customer use Bitcoins?
You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.
So what is really a benefit for using Bitcoins, customer wise?
I considered myself as a bitcoin consumer because im one of them using bitcoin. The main reason why consumer use bitcoin, its because they love it. They like the very convenient and easy way to send/recieve money from one another. They know that it has a benefits that brought into their life. Yeah we are all costumers and we are lucky that we found bitcoin since the payment for transaction is low fee unlike you deal in paypal the fee is high. unlike before that you can transact as gift in paypal now you can't unless if the receiver is nearly to you.. Yeah and after getting into bitcoins, I closed my Paypal account as I know that bitcoin is always better in compare to Paypal which involves very less fees and its not complicated like Paypal. |
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Im earning through sig campaign and the payment here is weekly. i receive 0.009 every week in my current rank, its not big but a big help for me. i also trade but currently i cant predict how much i can earn.
Use your 0.009 per week as an additional capital for your trading and eventually you'll be surprised that you actually are holding a lot of coins. I also agree that a trader doesn't know how much he'll be earning in a day or if he'll even earn any amount of money because trading is very unpredictable. There are days that you thought a coin would rise but it would actually take more time for it to rise. Trading isn't a stable thing so it's also not-so-good if you'd depend financially solely on trading. That happens mostly in trading when you buy a coin with the thinking that it will rise by tomorrow but it does not, but it grows later on so being patient in trading is the most important thing what i feel, and as Fatanut stated that it is never a stable way of earning money as sometimes you earn and sometimes you don't so relying just on it would not be a good choice. Never be a stable income. A bigger percentage now of losing it because of the scam coins that are being created. So you got a little number to pick now. Those are the trusted ones that have been there for a long time. Problem is they dont move much. yes and if you invest in trusted ones then you need to have patience to hold them for a long term, as it will never give you huge profits in quick time and if you cannot wait then better not to invest in them. Almost all investment needs patience if you dont have a petience you are wasting your money and you will lose.. Like in bitcoin that you buy bitcoins for a low price if you seen that the price is decreases .. if you dont have patience and you sell it for low price that you buy it you can make a good profit its a normal that the price will decrease.. but make sure that you can wait more weeks or months that the price will increase again back and more.. that you can make a good profit if it will continue to increase.. Yeah and even if price falls in recent times then we need to have patience and hold our coins till the right time comes, as we all know that if price falls then it will eventually rise again in future. |
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This question can be answered each time differently. But problems with bitcoin almost gone from me. Although if you count the unstable price of bitcoin problem. What then is the problem.
Price volatility is the only problem for not accepting salary in bitcoin as no one will prefer to get paid less for their efforts then what they actually deserve and so everyone is hesitating in going for it. |
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To be honest, i don't know why this thread have so many pages?!?! It is easy! Savings are for stupids, investments are for smarts! You're welcome and good luck! Good luck with that. Be sure to put all your money on investments then, and if you have emergency good luck finding money when your finances is locked on investment or be prepared to cash out on loss. Savings are not for stupids, those who rushed out to investments without back up and plans are the stupid ones. Yes in fact saving money is the best thing to do, even rich people will prefer to save their money and they are smart enough and know that future is uncertain and anything can happen to their investment and in that case only savings will help them. |
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