I think that when you mine coins it is not usually very profitable at all to sell it immediately. Rather you should definitely hang onto your coins for a certain period of time and wait till the price rises.

Then you could be making a ton more money.

Well, I think 100 BTC is enough, because 1 bitcoin could may go up to over 1 million dollars by the time you retire. Investing in a retirement fund is not a good idea with the fiat currency system in place.

Bitcoin is a much better option.

I think that the best way for a steady income is probably just holding onto your bitcoins. Cashing out a few at a time when you really need it is a good idea in my opinion at least.

Leaves you a lot of room.

Yes, bitcoin is very safe compared to other payment gateways. Not many people realise that in my opinion. You can't get a frozen account with bitcoin, you can't get restricted like Paypal will do to you.

That's what makes BTC so special.

I think that it really depends on what sort of investment you are looking to invest in. Obviously if the investment you are investing in is something along the lines of a HYIP, then don't do it at all.

But if it's investing in BTC, go ahead.

Well, I think that the halving will actually do good for bitcoin because just look at the price right now! The markets are going crazy, although I think that this is more like the normal price level for BTC.

It'll probably bring a few more price rises before the next halving

It really depends how much you can get in terms of customers, and how much you can make a profit on each trade. If you can only make like 1% off each trade then obviously it's not that profitable.

Still, if you're dealing with large numbers, 1% of 20 BTC isn't that bad.

If BTC dropped to $1, then there is obviously something wrong with the system. While some people would try to get out of the market ASAP, I would ride against the popular belief and hold BTC.

If the problem gets fixed, then I'll become infinitely richer

Well, I think a steady way would be investing in something stable. However it is becoming extremely difficult to find those sort of opportunities online right now, with so many scams out there.

I think holding bitcoins right now for the long term may be a good idea.

Definitely is possible to trade with small amounts. In fact if you go on any exchange the minimum trade amount is probably around 0.0001 BTC or thereabouts, which is really nothing at all.

Try yobit.net, or poloniex.

Well, I think both. I use bitcoin sort of like people who uses gold as a currency back in the old days. It can both be an investment, and a currency. Bitcoin I think is the new digital gold.

It retains value, and sometimes even appreciates in value.

I probably check my bitcoin wallet balance every 30 minutes or so, sometimes even shorter because I'd be waiting for a withdrawal somewhere, or waiting for someone to pay me back.

If I'm sleeping, obviously I can't check my balance

Bitcoin is most important to me because it is anonymous, completely safe, decentralized and out of the government's control. I don't like the idea of a government controlling our futures.

Instead, we should be controlling our futures. Not anyone else.

Well, freebitco.in is probably the best site you can find currently that gives you out free bitcoins. If you want a faucet wallet sort of thing though, faucetbox is your best option with so many faucets under it.

None of the other faucets really is worth your time.

Well, I think the best online wallet is probably Blockchain.info at the moment, because all the others give you no control over your own private keys. Or you could try bitaddress.org, but that's not really a wallet.

I suggest not using Xapo... You need to get phone verified just to send coins xD

Definitely would like to receive my salary in BTC, or at least a part of it in BTC if my employer cannot do the full amount in BTC. I buy BTC with my salary anyway, so i can skip the exchange.

Great idea OP.

Well, I think that bitcoin is going to rise to 1 million dollars sooner or later so when it does I wouldn't be surprised. I would be probably telling a bunch of people who hates BTC "See, I told you "

Crack open a beer?

Well, I think right now with all the market conditions in mind it is safe to say that the best bet you can make is to simply hold your bitcoins for the time being. Simply because the halving is still coming up.

Other methods, they're all too risky IMO.

Well, you can get bitcoins via a number of ways

-Doing tasks for bitcoins
-Browsing through faucets(Not worth your time IMO though)
-Trading
-Gambling(risky)
-or just buy bitcoins, the easiest IMO.

Well, I don't plan on getting rich with bitcoin however I do plan on retaining my wealth with bitcoin. If I stored my wealth in the fiat system then it would evaporate very soon in the future.

However with bitcoin it's a disinflationary model, which is great.