Another way to invest is not to do anything. Just buy bitcoins with your own money and save.
Now while you are saving and continuing to add more bitcoin to your wallet, study trading and altcoins.
you are right, just put your money into bitcoins and then do nothing with it in order to not spend it and make profit in a longer run |
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Most women of our country remains idle do during those idle time they could do posting is bitcointalk and could earn $50 yo 70 easily which is enough for shopping our for managing few financial matter of her family.
most women are doing nothing all the time? i really doubt that, to be honest you should try teaching them how to use bitcoins in their free time |
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I live in Singapore and I believe that Bitcoin is somewhat popular in my country.
1. There is a few Singapore based Bitcoin company - BitX (not Bit-x) and CoinHako.
2. There is a physical Bitcoin forum held during the Bitcoin 2014 bubble - shown on the Channel NewsAsia , the main local channel for news.
3. Singaporean is tech-savvy - at least from my perspective.
However , I have only seen a few physical shop accept Bitcoin in Singapore. I do hope and believe that the popularity of Bitcoin will continue to grow here.
And as for your two main questions:
- What they normaly do with bitcoin in your country ?
I believe the people in Singapore bought Bitcoin as a form of investment. Long term investment to be specific.
- Do you think your country will replace US for number of bitcoin users in near future ?
It seem impossible. Singapore is the second smallest country in Asia with only 5.399 million people (2013) compared to US 316.5 million.
Bitcoins are very popular but not in my country ok allot of peopel are trading bitcoins or are collecting them but not every store is accepting them and i dont think they would ever accept them and i dont know why not. to be honest in my country it is much popular than that, people are willing to use bitcoins some time and there are places where they can do that |
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If we are talking about the trust so that is true, people trust it thats why they are using it, and only not in a one way even they are using in different ways to earn the money. But one thing is clear that majority of all over the world have no awareness about bitcoin in deeply, only few people are using it and make profit, But now last 2 years bitcoin has started to popularity in the peoples.
Yes not many are aware about bitcoins yet, but the situation is on improvement stage and there is increase in the users of bitcoin, but for beginners it will take some time to trust bitcoin, but over a period of time things will change. thats true though in the future im pretty sure that there will be way more people using it, in my opinion bitcoin is going to become huge soon |
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I don't think about it anytime. I am just concentrating on my earn of bitcoin. Now, I am earning by signature campaign and trading. I never thought about that what will I do when bitcoin price fall to bottom. I wish that it might not happen in future.
i dont think about it too because it is just not going to happen, i hope that the price is going to go only up and thats it, i would just sell if it drops |
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Name: skylighters
Rank: Full member
Bitcoin Address: 1MttXwkbNEfFHJ1n2nGdGTczoowo9FEcrJ
Profile UID: 553869
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i actively spend my bitcoins for sure, in my opinion it will allow me to make some decent money so i try not to waste it
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Yeah, I'm surely not going to sell it very soon, because in my opinion the time is good to hold. Nothing is sure in crypto, but I prefer wait and see what changes may happen for us in the near future.
im not selling any of my bitcoins either but in my opinion anything might happen to the price actually |
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If you can do both jobs on real life and on bitcoin, why not pick both ? It will be a good synergy to earn money and i want this way. Having a real job and do bitcoin job when i have free time.
Yeah if we can manage to earn from both of them then we should work on it as your earnings will be higher if you combine the efforts which will increase your wealth. you are right, i think you can make a lot of money with bitcoins to be honest if you will be able to work for it |
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I think that there is no well-defined formulas, if there were everyone would be rich. But I'm sure that the first step is manage yourself financially. It is required to be completely aware of your own money and, of course, where your money is going.
everyone had to work hard for a rich , looking for the right formula for the rich in our own way will be very enjoyable of course if you really want to make a lot of money i think that you will need to put a lot of time and efforts into it |
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I would personally advise you to get around 50 just to be safe. Although, there is no way i see bitcoin being anywhere over 10,000$ anytime soon at all. If they go up to 3-5k$, well happy times for you!
50 is not enough actually, you need at least 100 BTC and in 20 years you can start saving now, regular saving is very important to accumulate a good number of bitcoin by 20 years and the amount or value will appreciate and that will be good for your investment, you will enjoy then. even 100 bitcoins wouldnt be enough in my opinion you would need like a thousand or something like that |
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i would definitely do that because in a longer run it would allow all the people to make some money because of price growth
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the easiest way of losing your money in my opinion, i think that it is the only real definition
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it is most probably going to wreck your life, in my opinion you will not be able to make a living in the future
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it is definitely not an investment, in my opinion gambling cannot be an investment because you will always lose with it
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It is much better to invest as it is less risky than gambling
you are right, it is way less riskier to be honest, in my opinion gambling is the riskiest thing |
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i would definitely pick bitcoin because its price can grow way faster than gold price
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i would definitely not quit it because i earn decent money from it right now and bitcoins are not stable
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of course it is not easy, sometimes addicted people even need doctors to cope with it
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just play with the small deposits and never try to catch all your losses because you will lose more
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