If you hold your bitcoins, there is potential to do so, but this certainly will take a lot of time. There is no guarantees though, there is always a possibility for the price to go in another way.
Doubling bitcoins with holding is possible only if the price doubles which will allow you to make double profits but the number of coins will remain the same but you can double them with trading. |
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Because of the technology, which solves many real-world problems, and earning potential. This means that I buy bitcoin for my future and for a better economy.
Bitcoin is the best digital currency that has ever invented but it is not that easy because we need to convince the people to use it and show them the real value and benefits of using bitcoin, if we buy that is a sign of support and the more the demand will increase we will have a bright future ahead of us. Yes and its really hard to convince people around us as they are not aware about the new technology and they hesitate in investing in their money in something which is totally new to them. |
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There is nothing boring about earning money. Just make sure you are doing something you actually enjoy.
Yes and earning bitcoins is not boring but very challenging where you make all efforts to earn them in different ways and it also increases our knowledge related to crypto world. |
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I don't have any faith in mining sites so I will prefer to invest them in altcoin trading as my profits will depend on the actions that I take and I don't have to depend on others to make profits.
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I would certainly store most part of it for a very long time. The price is not going up right now, but I think there are good chances for the future.
I think if I have 10 BTC course it is a very large number, of course I will always watch very carefully. so I'll just hold it. it will remain profitablle the best way you have to do is hold 5 BTC and using 5 BTC's capital or grow it to become larger. so you do not just wait for bitcoin price increases, because it always takes a long time. Yes and with 5 btc you can make good profits on daily basis in trading, and if trading doesn't work for you then you always have 5 btc as an backup that can take care of you in future. |
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I think that's more on investment now due to lack of either physical or better alternatives for online stores that accept bitcoin. But here in our country we are already using bitcoin as currency sometimes, when paying bills and mobile load recharge, so it is really usefull for us.
We can use bitcoin as a currency at very limited places and for limited purposes, so majority of coins are saved for the future hoping to make some best profits from it. |
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I think that selling everything isn't good decision. Not now, not for the future. I would not feel comfortable to give up all the coins...
I dont do that to sell my bitcoin everything. you can sell it some satoshi and you can save some satoshi too. if the price will be rising you can get a lot profit. Yes its always good to sell only part of it and that also if you are in desperate need of money, as saving them for future can give you higher profits in future when price goes higher. |
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I would love to do this but as other saids what are you going to do the whole day with bitcoin? Maybe trading but even that you can't spend full hours on.
For this reason I see bitcoin more as a side job than a main full time job which I have right now so I wont quit it.
Bitcoin is always good as an extra income and we cannot afford to make it an mainstream income, as our day job offers us many benefits and security which is totally missing in bitcoins. |
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There are allot of manner to earn allot of money with coins and that is really easy you can invest in coins and not spent any of them wait till he rises or you can invest into companys to get nice %.
Yes true there's alot of ways to earn money but the one I like the most aswell Is to just invest parts of your income into bitcoin itself and do absolutely nothing with it. Just wait and hold it out for as long as possible and you'll get tons of profit for sure. Well, if you can afford to buy bitcoins using fiat on regular basis then it can be the best investment for you in future which can give you huge profits if you manage to hold it for really long term. |
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iam use bitcoin to buy domain hosting
pay bill smartphone, trading to poloniex bitrex c-cex btce
You can pay your smartphone bill with bitcoin? Wish i could! I use bitcoin in not alot of places, often I use it when I go on vacation cause in my home country there's not alot of places where it's accepted. If you want to top up your smartphone then you can do it easily from bitrefill.com and they are providing services in more then 100 countries and the best thing is that credits are instant. |
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In real life I use btc on rare ocasions, because of the low number of options for using bitcoin directly, in physical stores. Usually I need to convert it to fiat first. That's why I use btcs mostly online, to make investments in projects, trading and for other uses.
I think there are a few online stores accepting the bitcoin. The most famous one is the overstock.com in the US. Thanks for the link i will check that out even though I am not even in the US lol. Anyways I don't spend coins on real life cause I want to save as many coins as possible cause they have alot of potential which i dont want to spend on products right now If you cannot spend them at a moment then its better to save them for future as everyone is hoping to see higher price in future, so spending them at that point of time can be really profitable. |
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With 10 btc I would do not so much because bitcoin will be worth alot later and I don't want to lose them right now.
So i'd probably save them in my wallet and then wait for them to grow in value.
Saving is the safest way to make profits in future, but you need to hold them for a very long time to feel the profits from it the only risk is in holding is that we don't know what will be the price of bitcoin in future. |
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You can earn a living with it if you have a good capital to invest in trading as with higher capital your profits will be even higher which can give you good and comfortable life.
It could be like that, though living solely off of bitcoins doesn't mean that you can only do trading for your source of income; I'd rather take the path of sports betting over trading any day but again, this is just my preferences and this is the thing that I believe will give me good profits and help me live with only bitcoins at my side. Also, since there are certain things that can't be paid by bitcoin (rent, groceries etc.) you still need to trade your bitcoins for fiat every now and then. Different people have different choices of making an investments if one is comfortable with trading then he will go for trading and those who are active gamblers will never choose trading as they want quick results. |
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I am using it in the both ways, whenever I have an opportunity to use it as currency I use it, but most of the coins I have saved for the future as an investment to make higher profits in future.
Yeah. A lot of us think alike. We prefer as an investment and yet still use it whenever we need it. It is not bad to use it for now. Even if they say it is unwise I would still do it my way. Yeah and if we are in need of money then there is nothing wrong in spending them as there is no use of simply holding them, spend it as per your needs and rest save for the future. |
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Nothing. I will still use Bitcoin, as before. I don't think that my local government have resources and time to check Internet activities of all citizens. Of course, I will not be able any more to exchange my BTC funds to my local currency and cash out to my bank account or in some other, official way, but I will find the way. They will not stop me to use Bitcoin, no way  Yes and if we are not able to transfer them to our bank account then also we will find traders who will accept them for cash in illegal way and we may need to compromise on price, but that would be fine. |
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I already compute my salary and my income on bitcoin world and it has a big difference between my monthly salary and bitcoin in my salary i get 30,000 Thousand a Month or 625 Dollars a month and thats big amount for me so support my family and my self also and in bitcoin my earnings there are not enough bitcoin is just addition to my monthly salary.
Well your salary is still good enough to sustain your needs so i guess there is no point on having a full time work on bitcoin unless you will be able to find any bitcoin related work that can give you higher salary I figured out the real job of the job when you already have a sizeable income and anyway it was a stupid thing? you do not get a guaranteed income and jobs in bitcoin. so I think do not take risks with working full time in bitcoin [/quote] Yeah a person who is having higher salary should not think of quitting his job and get full time in bitcoins as anything is possible with bitcoins and if he do so then is putting his and his family's life at risk. |
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There is many methods to earn money with bitcoin, you can for example hold your coins for the price increasing, and you can trading altcoins , and you can selling skills and goods online for Bitcoin
well basically you are right, though in my opinion the best way to make money with bitcoins is to do altcoins trading with them and make some profit Yeah altcoin trading is the best way to make profits and in quick time, no doubt it is bit risky but if you do proper research and choose a right coin then risk can be reduced. I think altcoin trading is very risky investment if you do not know how it works or you do not have the skills in it. I never get a loss of more than 0.1 BTC simply because choosing the wrong coin. so I think you have to be careful and do not take risks if you're not skilled in it If you will keep on thinking of risks then you will never try doing something new, and if you don't dare to take risk then you will never experience what profits is all about, risks are mandatory to become rich in future. |
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i think present price of bitcoin is very good to buy bitcoin and the price of bitcoin will be more increase and i am bitcoin no more drop its price so the price is very good and low .
If you look at bitcoins as a long term investment, then you will buy it at anytime price at the moment because you believe that soon the price of bitcoins will go high. We can only say that its price will go high because of the best features it has. You can use it easily and conveniently online without much of a hassle compared that of fiat money. I think this is till the right time to invest money in bitcoins and buy them for future, as I am sure that we will see much higher price in long term which can give us best returns on our investments. |
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Do you think that people hate bitcoins why?
Are you hate bitcoins or like it.........
But my answer is I LIKE BITCOIN.
People don't hate bitcoins bitcoin are worth to use if they know already the value of bitcoin in bitcoin you can make many activities here you can also buy some goods and use bitcoin as a payment and there are new investors who are using bitcoin for there future business and i don't think if they investing it. When people get to learn and use bitcoin, there is no way they will hate it. Maybe people who have no knowledge about bitcoins are just hesitant to make use of it than hating it. There are all good features in bitcoins than any other ordinary fiat money out there. Once the people knows this, they will never stop using and growing it. Yeah once they get into bitcoins and will know about its features and benefits then I am sure they will start loving it, they hate to because they don't know to use it or to earn it. |
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I use them for both, currency and investment. Sometimes, I make profit with btc trading and I also buy with it, mostly digital goods. And I save good part of it for the long run...
Yeah i also use bitcoin as currency and investment but i think that use bitcoin as investment is much more better because its right time to hold your bitcoin because bitcoin price will be going too much higher and we can be get a big profit from bitcoin. Yes and the fact is we cannot use it as a currency everywhere like fiat, as there are very limited places that accepts bitcoin either online or offline, so majority of coins are going as an investment. |
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