It can be good idea if it is fixed in bitcoin. When bitcoin price increases so is your salary. So there are chance that you can earn more if you receive it in btc. And when the price is low, you'll just hold it for a while and consider it as an investment.
If your company is directly using bitcoin in business, then I think that will not be a problem. And if not, then you can still have it in the contract that you will receive a fixed amount of bitcoin. But I think it is still a better idea to have your salary split into bitcoin and fiat. Fiat for immediate expenses and bitcoin for investment. |
|
|
|
I'm not very good at managing my money, because i always using my money even i need it for something. I feel like i want use it because tomorrow we can earn it again. It's really hard for me to manage my money.
Our earning here is not permanent so you need to also to consider savings for the hard days in our life, although we are making money consistently what is important is we also think of our future that we may able to invest and grow our money. You said it right, there is no assurance that we are going to earn everyday here because there is no permanent in this world in the first place. But, what we should do is be thankful and manage our money the right way, always consider to save regardless of the amount you are earning as that would help your future to succeed. That is why you need not just savings but also some good investments. Savings for instant needs and investments provide income even if you are not working anymore. All of these you can do if you manage your money well while you are still healthy and can work. |
|
|
|
I am not buying bitcoins because the price is to high if you want to buy bitcoins you need to be sure that the price is the lowest at the moment when the price rise that you are making money instead of losing.
You will never know when will the price will be the lowest or what is the lowest price will be. But there is one thing you can speculate more clearly, the price of bitcoin will be higher than today in a few more months. So buying the price today will still be profitable in the future. |
|
|
|
I don't spend it actively, tbh. I believe that spending the coins now is just not very smart , due to the fact that btc has a lot more to offer in the near future..
Everybody hopes for that. Spending Bitcoin can help to increase the value. If more people use it, it gets accepted in more places. That can give a higher value. Yeah. Bitcoin circulating through the system will help bitcoin more than just holding them for the future. I believe we should allocate some bitcoin for investment or holding and some bitcoins for spending to improve the system of bitcoin. If we all hold our bitcoin, then there will be less transaction and less attractive to miners and merchandisers, thus losing bitcoin value. |
|
|
|
I think that keeping the bitcoin is better right now because its safer and the bitcoin has to go to a higher level soon or later, we just need some patient for it but it will happen without any doubts.
I'm having some good hope for the bitcoin and we also need to believe in it too.
I am waiting for one more good news and I think the price of bitcoin will soar very high. I will hold as much bitcoin for now and wait for it. I believe it will be very high before this year ends. It is just a short time before it happens. |
|
|
|
Well i hope i could become rich with bitcoin but i dont plan anything becuase still not possible atleast for me right now.The plan can be to buy bitcoins now and wait of some years but this is a big risk to get rich because anything could happen,right now my plan is to get a decent income with bitcoins,not to become rich.
If your plan is just decent income, then all you get is decent income. But if you plan to be rich, then even if you fail but you tried hard enough, you will get more than just a decent income. You should dream higher (even if you fail) because you can achieve more that way than just targeting a low goal. It will cost you nothing to plan and dream to be rich. |
|
|
|
I believe that many people can not save money because they spend a significant amount of it buying unecessary and expensive things. In that case, the first step is to select what is really necessary, and avoid buying unecessary stuff...
It would be easier to isolate unnecessary stuffs if you make a study of your purchases. You can list down your expenses as you buy your items. Then study them after wards and remove in the list those that are not immediate needs.You can buy them later when you have more money. Just always remember to always allocate for your savings first before budgeting your money into your needs. |
|
|
|
I don't calculate on daily basis but my target is to earn 1 btc per month and I am successfully earning that amount from altcoin trading and signature campaign is a bonus for me.
I guess a hero member can earn that much bitcoin. It is already a struggle for me to earn even a quarter of bitcoin per month and you are earning 1 bitcoin already. I guess alt coin trading is really profitable if you know what you are doing. |
|
|
|
I sold almost all my coins today for about 200 USD (that's what I had in my electrum wallet) and have very few coins sitting on my hardware wallet. I want to build a medium-high end gaming PC and this money is need for me to buy it. Did I do wrong that I sold a high amount of bitcoins about 0.35 to achieve my goal ? I am also happy that I am near fulfilling my goal but also sad as maybe the price of bitcoin skyrockets soon after I did this.
What ever I am the person who wants to achieve my goals no matter the cost so f it whatever the case with the price of bitcoin.
if you need money to buy something ASAP then it is fine to sell your BTC at any price IMO. Don't beat yourself up over it with thought that if you waited then maybe price would be 2x higher or something. Believe me, it is not worth it. I experienced that too, when my SDD broke and I needed a replacement. At least you should consider what you are buying when you use your coins. If you are just spending your coins on silly items, then you should reconsider. But if you are spending it on important items like food or parts for your projects that could earn more money, then spending your bitcoins is worth it. |
|
|
|
It is, in fact, difficult to double btcs. The best way to double it is by trading, that can make us get a great advantage when choosing the right time to sell and to buy the coins.
Yes and I think trading is the best way to double your coins in long run, and it is much safer in compare to gambling, and now there are many good altcoins available which can help us in doubling our coins in a quick time. With the right research, study and good luck, you can really double your bitcoins with alt coin tradings. Especially if there is a new ICO, buy those, and if the developers pump that coin, you will reap nice rewards. |
|
|
|
I use Bitcoin for investments and as a means of payment on the betting sites
Definitely, bitcoin is good in using in sports betting because we can easily transact and we are anonymous betting in such gambling sites, though our countries are ban with bitcoin we are give the opportunity to gamble therefore it is good to use bitcoin in gambling site. There are a lot of uses of bitcoin. But I think using it for gambling is the least of it. If you just gamble your bitcoin, then you are just losing it for nothing. It is better to invest it or just spend it on something, at least you get something. |
|
|
|
For me it would not be a great idea to go full time on Bitcoin because I know that I would not make enough money with it to be able to make a living out of it.
Maybe it would be possible in the future but it would not happen at this moment.
Yeah and this stage we have only limited ways to earn bitcoins as our full time job eats all the time so its difficult to give more time to bitcoins, and if your earning from bitcoin is low in compare to job then its better to continue with full time job. We cannot leave our day job yet because it means security for us and our family. At least we can still work part time for it. As more of merchandisers and employers adopt bitcoin, there will be more jobs paid in bitcoin. In the future, the jobs in bitcoin will be in par with those jobs paid in fiat, maybe more. Until then, I will stay in my job and just invest in bitcoin. |
|
|
|
I'm pretty good at managing my money but its also depending on what I myself want because if I want something I'm pretty bad with managing, I than just need to buy it.
I know that its not very good but I really have this problem.
All you need is to discipline yourself and train not to easily give up to temptations to spend. As you said, you already know how to manage your money, so it only takes a little more training so you can be perfect on financial management. |
|
|
|
I'd invest it in real estate or gold. Saving is good choice but investing is better as it's one type of savings with return benefits.
Those are good investments but they have some problems, first you need a lot of capital to buy, second you need to take care of it, and third if for some reason you need to sell you are probably going to need to accept some loses. You have to save enough money first so you can invest on those types of investments. Save money for investments and save for financial needs. That will cover the your finances if you ever need money while still stuck in an investment, and not sell of the investment on lower price. And as a rule of thumb in investment, invest only the money you can afford to lose. |
|
|
|
Doubling bitcoin is difficult to do. There's no easy way so watch out for scams where they try to pull you by saying doubling bitcoin just invest this much etc etc.
The only way to double is to earn more until you have double. I hear trading is very good for making profit if you have skill.
LOL definitely can't say it's the method to double bitcoin but to earn more,and yeah trading could give you big profit or even you can triple your bitcoin when the price of altcoin suddenly rising but it's stil depending on your luck and many factor that could affect the coin I heard lots of people saying Altcoin trading is best way to grow your bitcoin so I decided to give it a shot.I invested in some ico's a made good profit.But do not buy any Altcoin blindly.Check if it is worth investing or not If you are just trading and not investing, then look for coins that is new and very low in value. Buy some of those coins and when the developers pump that coins, sell and you will greatly increase the amount of your bitcoins. Though this may not happen in a short time so you need too have patience and wait. |
|
|
|
No bitcoin will not be used by everyone ever. It can reach a high percentage of people if it continues to grow but it can very easily fail aswell depending on future events.
For now it would be great if a little bit more people would use it so we could get more shops supporting it.
that is just bullshit mate, in my opinion it is really going to be possible in a few years if the adoption gets even faster than it is right now, and if it is not going to happen in a few years then i think that in a decade it is going to surely happen, that would be great for me i think mass adoption is the best for all the holders who are planning to make some good money out of bitcoins with their investment because if the mass adoption would happen like that they would surely make a lot of money i believe that in 6 years it is definitely possible that bitcoins will become really mainstream and it might even replace some of the currencies, that would be really great because the price of bitcoins would be really high then, i cant wait for this Only time can tell which of you are correct. Of course it will be great for early adopters if bitcoin is being used by almost everyone because it will greatly affect the price of bitcoins. But if not, it will still be great because it means it still has a lot of space to grow and we can still make a lot of money from it trade wise. |
|
|
|
Start small to end up big, when you are just staring to save you do not need to abruptly put a bigger amount to save that you cannot manage, just increase gradually when you are successful in small amount so you will have a continuous savings.
Sometimes that is the problem. The target is too much you are having a hard time keeping up. And it becomes boring and tedious you stop doing it altogether. I think I will take your advice, keep the target small and keep saving even if it is just a small amount. |
|
|
|
Approximately 0.01btc per week from signature campaign and 0.005 per day(average) on trading. that two is major source of income, I stop gambling because it just a waste of time and money.
That is already a good amount for a part time job. In time, as you get better in trading you can earn more than 0.005btc. I am just earning half of that from bitcoin but I am satisfied with it already. I guess that is enough for me as long as it is a part time income. |
|
|
|
It is important to invest, when the investment has great potential. But I think it is a good decision to also have reserves, because you may it need in the future and this can make a difference.
I think if in order to choose which one is an important advance of investing or saving both are equally important. but the most important thing of course is to save because you can become rich store of income that you get. investment is only as a sideline. you can still become rich even without investment I am yet to see a rich person without his own business, those are investments. If you are just waiting to be rich because of savings from your job, then it will take a long time. And when you stopped working, your savings will easily be spent. While investments earn money even if you are not working. If you have big enough investment, you can comfortably live without working. |
|
|
|
One of the nicest thing about Bitcoin is the ability to use Bitcoin any time you want. That is why i do not need to quit my day job just to full time on Bitcoin. I just do my Bitcoin thing every time i have break and my day job shift is over. I can even do Bitcoin during on my way home while in a cab.
Yeah, non serious bitcoin gigs can be done during rides going to our home or into office. While those involved in programming, development and businesses should make a decision whether to focus on bitcoin or day job. Those jobs require serious amount of time. |
|
|
|
|
Show Posts
