If you want to earn higher profits in future then you need to have courage of taking risk, higher rewards comes with higher risks, and if your investment clicks in right way then it will give best returns.
Saving in a bank is for smaller, short term goals, when you need cash to be readily available, while investing is for larger, long term goals, and you cannot easily get your hands on it. Saving in a bank has minimal risks, while investing, you may lose some or all of your money. If you value the safety of your money, then it is better to save it in a bank. Yes if you are a safe player then bank is the best place for you to save your money, as even if something goes wrong with your money, banks will help you in recovering that money. |
|
|
|
Of course I believe in Fiat, everyone uses it nowadays. It's one of the oldest currencies in human history.
yeah of course believe or do not believe you have to say it. because Fiat is the main currency in use in the world and you have to accept payment by fiat. This is the law in this world Yeah as of now fiat is the most powerful currency and it represents its respective country and people have more faith in it as majority of them are earning in fiat, its an basic necessity of a society. |
|
|
|
If the income from my bitcoin is much more than my day job and I know that it is a long time job or permanent job, then yes I will leave my day time job and will seek more jobs like that in bitcoin with which I will have increased income.
Currently, there are no jobs in my views that give you more in bitcoins than your day job, as most jobs in bitcoins are development and programming related. Not everyone has the potential to become a programmer, so I think it is better to stick with our job and take bitcoin as a secondary option. Absolutely you are right, because if any type of jobs are here so why not people want to do day job or night job with bitcoins, but i have a lot of search in bitcoins, so my final result is that, no one job is here except Signature campaigns. On the other hand we can do investment or trading with bitcoin but that are not job, these are all business where we invest our money and than we get profit. Yes and its not possible for everyone to invest money at initial stage, and investing money in trading can be risky as you may loose if your trade goes wrong. yes i think when the initial stage the better looking for experience and use free bitcoin to do anything. so that when you are really ready, you can start buying with your money for capital. if you do not want to lose at the beginning and end badly, because it would eliminate the spirit in the beginning to get to know bitcoin. Well that's one of the main problem. The not quite a risk to me but my main problem is the available job that is being offered. The services that people offer thru bitcoin is still not much to have a decent earning. Yes and we cannot expect that we will get bitcoin projects on regular basis, if demand of those services is less then it will be difficult to earn stable income from it. |
|
|
|
That's a good tips list. The best one I like is number 8 watching your savings grow, because that is how you can save more. If you have optimized your savings, it will only grow.
But no. 8 is not an advice nor a saving tips. It's a common thing yourself will automatically do once you achieved and properly do all your savings goals carefully. That's the best part of saving the money, watching it fully grows.  Yeah i also think what for we watch we savings funds if you has know how much we have save in the banks at least with saving your money will not grow a lot. I think if you save a lot of money in the bank you can see your deposit money will grow very nice but if you only have a little money I think the growth of your money will be lost or devoured by the bank administration fees every month. I almost forgot if Coinbase also has a system of interest? I would even say you need really a lot,in my country you wont make a deposit to get some % more of every year, if you wont have about 1-3 btc in fiat,so that is not fine for me to invest there,and the growth is very very slow. A bank that has no annual interest? That's unfair for people that trust a certain bank. There should be an interest for people that give their money with banks because that is a form of saying "thank you, you trust us." Each and every bank pays annual interest, but those interests are in peanuts, its better to save in fixed deposits from where you can earn higher rate of interests. |
|
|
|
If I have 10 btc in my wallet then I will sell them and covert it to real cash, and with that money some I will save for future and with rest will have fun with girlfriend  yes every one has their own thinking but to me i will hold them for the price increase because i know that the price of bitcoin is going to increase in next few months and at that time then i will be really happy with my this decision. therefore i want to hold it. Price of bitcoin will be higher in future for sure, but its good to sell some of them when we see some descent price to secure profits and can afford to buy again if price falls in future. |
|
|
|
|
Sometimes I trade with them, when I am free want to have some fun then go for gambling to try my luck and apart from that majority of my coins I am saving it for future.
|
|
|
|
|
There would be many users who are not eligible for credit cards, so online shopping is just a dream for them, bitcoin can make their dream come true, anyone can go for online shopping with bitcoin.
|
|
|
|
Getting rich with bitcoin needs more time to be spent. Also in my opinion I feel being rich with bitcoin takes time similar to getting rich with day job. I prefer to keep bitcoin as an additional source to make me rich.
Get rich in the world it is the dream of everyone. But to be truly rich is a very difficult thing to get it. The main capital is hard work and perseverance. Without these things then our wealth will not last long, as well as being rich in the bitcoin. It takes hard work and perseverance in order to become a rich man. Yeah its not impossible to get rich with bitcoin but you need to put lots of hard work to earn bitcoin, and as we know its really not easy and simple to earn bitcoins. |
|
|
|
I know that I am going to stay because at the moment I do not see any reason to leave Bitcoin, maybe in the future that will change but not know.
I can still make money with Bitcoin so why would I leave that is just not smart.
Yes and this the best time to collect as many coins as possible as price is not too high at a moment, so collecting now and selling in future is the best strategy to follow. |
|
|
|
|
I am trying to recommend and convince people around me to start using bitcoin, some of them are already part of this forum and some of them were simply not interested in it.
|
|
|
|
If it happen, i will sell all my bitcoins and makes my family and my parents life to be good, no need to work, enjoying life and go to around the world.
Yeah most of the people will do the same, as its a huge amount to achieve and I will sell all my coins without any hesitation and enjoy all luxuries. |
|
|
|
|
If I find some good offer online for shopping then I prefer to use it as a currency and rest I am putting it safe for the future to earn good returns on investments.
|
|
|
|
Just make the explanation short : explain too much is not the best way without prove it directly or maybe youtube can help them watch about bitcoins or more of visual and let them experience it change the color of bitcoin into pink i think if you want woman to use bitcoin then you have to give some free offers like freebies hahaha bag's etc
And I think introduction alone is not enough for motivating someone towards bitcoin especially females, you have to give some of your bits to her so that she get some experience in that and so with that she will immediately adopt it. Yes, I agree with it too. If you let a women use bitcoin instead of just telling her about it she will surely like it because of low transfer rate. And women love shopping, the offers will for sure attract them. That is really the fastest way to motivate women from using bitcoin. By letting them experience the use of bitcoin. And of course they are going to be motivated when are really going to use it for something they really want to buy. yes it is a fact and i will like to say that women are more easy to convince as compare to men. i have a girl friend she always do reasoning with me on every issue. but when we talk about the money she convinced very easily; she convinced easily as she know that you are earning for her, girls want their boyfriends and their husbands to earn money for them and they do not want to earn themselves, but once you convince them and show them the easiest way to earn money they then do not leave that way. In this century the girl having intentions for not just to relies on their close people, the mindset of girls in this century it's changed. they want to become an independent person. but if the showed to them easiest way to earn money for her, I sure they will be interested. Yes and if she have desire to earn money and desire to earn some more then she will definitely get attracted towards bitcoin as bitcoin will allow them to shop more  |
|
|
|
I would sell some to cash in my profits and then hold some for later. It's hard to imagine that scenario anytime soon. I think we are going to have a slow increase for many years until bitcoin catches on as a mainstream from of payment.
Bitcoin will replace all payment methods for sure but it don't have that high potential to play in millions, that is not an realistic value to think off. |
|
|
|
I use Bitcoin more as an investment because that is going to allow to me make money by buying and selling them afterwards.
Personally I do not think it is a good idea to spend them on gambling or other stuff that you are able to buy with them.
but spend in gambling it's good or not it relies on the people intentions maybe you can say from your post it's not good idea to spend it on gambling, and I sure the reason is because gambling having a lot of risks but another person has a different means maybe they can get a much profit for a short time with this. That's what he is saying that its not worth to spend bitcoin on gambling as there is very less chance of getting returns from it as you will definitely end up loosing everything in long run. |
|
|
|
And why should not??? Privacy is incresingly becoming an important issue, and bitcoin and the blockchain are the primordial soup of a new technology that is bound to bring privacy and anonymity to a lot of people!
Yeah and I even heard that banks will start adopting blockchain technology and if that happens then I think even banks will start supporting bitcoins in future. |
|
|
|
|
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 event can't imagine what would be my reaction if I loose that huge amount, I think I will be speechless for many days and may be go into comma after loosing everything.
|
|
|
|
There's no guarantee about the price of Bitcoin on that day you expected but for me Bitcoin has the potential to increase as you see on the market how this coin rises it's value every year passes.
If you have 1 bitcoin today I think that will be a awesome think maybe in 50 years bitcoin can be 5.000 dollars and having or collecting more bitcoins I think you can retire with it. More bitcoins means more profits, its always good to have 1 btc in our wallet, but if we have an opportunity to earn it then why not to put best efforts to collect as much as possible. I think every forum members should have at least one bitcoin in their wallet and use at least one bitcoin in a year. There must be many users who would be holding 1 btc in their wallet, and if they are active in trading then we can expect much more the 1 btc. |
|
|
|
Money is the tool that helps us acquire the things we need and fulfill our desires. It gives us the freedom we want. So, it is on us if we want to invest in our money or save. It is not a good idea to invest all we have or to save it all. Because investing all you have might be risk for you and saving your money is not worth it as you know the value of money depreciates with time.
If you want that your money should not be depreciated then you should save money in bitcoins, if price goes higher then it will automatically grow your savings in future. |
|
|
|
|
Show Posts
