I think the easiest and perhaps the most profitable way to earn money with bitcoin is simply by holding itself. It's not like HODLcoin where it gives you interest per annum, but it can still appreciate in value.
Or you could sell your services for BTC, that could also work.
Holding can you provide some good money right now with the halving incoming and the current price, if you bought it at 350 dollar you even now already sell it with some very good profit its now around the 750 dollar! Do some trading. If you look at the exchangers some of them did not update their price fast enough. So there is a chance you can make a quick buck here. There are which uses trading bots for automated process. There's a script written solely for this purpose. Trading is the best option to multiply your coins in a quick way, and if you don't want to go for trading then simply buy it and hold it for future. I completely agree. Trading is the best way to get anywhere with bitcoin. If you don't trade it's better to hold it in your wallet and earn bitcoin without spending. You can enroll into forum campaigns to earn some more and also do services. But besides that there's not much to do. Trade only with caution and do just follow what other people say as being a trader is a serious and a difficult job, do your research in every asset you want to trade other you are not qualified to trade and just invest and hold your coins then. |
|
|
|
When bitcoin goes up by alot then I will buy a house for sure as I see this as a good investment too just like bitcoin.
As some people said when you buy a house a lot of the cost what you usually pay for rent/mortgage goes away you get other costs but they are not anywhere near the same price.
I think I should follow you, that is one of dreams too when the price of bitcoin will skyrocket and I will make good money on my investment. Therefore I am patiently waiting for the price to rise and no matter what crisis will come I will not lost my faith. |
|
|
|
I think saving money - statement dont make sense. I am saying this because wherever we earn we spend on necessities, and whatever remains is called saving.
But my suggestion is why to put limit on expensive which are necessary, rather must have to find new way to generate money. Bitcoin gives that solution to everyone. But need to understand things.
It took me 4 years to understand. And 2 years to believe in things as this can also Happen !
If you are going to save only what is left after you spend, then you will not be able to save. I know it from experience. If your goal is to really save, then deduct it at once in your pay, then what is left should be budgeted according to your needs. If you can find a additional way to generate income, then well and good. If not, you should be wise in spending your money. It takes a lot of discipline to save money and if you want to have a good future you will oblige yourself to learn how to save, a person without savings will be having a hard time in finding money once he is in the situation where he is in desperate need of money. |
|
|
|
Well obviously bitcoin gives you way more freedom and privacy then when joining a bank.. But the difference is the bank kind of insures you up till a certain amount, and bitcoin doesn't.
Still I pick bitcoin over the bank I like "owning" my money.
Yeah, because once we adopt with bank bitcoin cannot implement its system because the anonymity will be gone, bitcoin is popular because it protects our privacy and we can transact with anonymity anytime we want, unlike in bank where we need to adopt with their rules and also the charges is way bigger. |
|
|
|
Yes, because the Bitcoin network, for years, has proven to be stable and safe. Besides that, the Bitcoin ecosystem is getting better every day.
That is what people have seen why they are investing in bitcoin and they have trusted their future in bitcoin, it is very rare when it comes to investment that we just try on the digital money where we are not taught about it at school, maybe investors are getting weirder now but I like the fact as it is weird not to be weird in this world. |
|
|
|
I think they back to gamble again because, they want to have fun with gambling, or maybe they back they they already addicted, some of them play because they expect an easy money from gambling, and i dont think its a good thing if the gambler that already stop back to gamble again
Definitely they miss the fun in gambling, I am in the same situation that I stop gambling when I lose a big amount in gambling but when I realize that despite of my loses I was able to enjoy the time I gamble, I suddenly do gamble again and until now I am enjoying it. |
|
|
|
When I first started gambling with dice gamble. Same use all the money from my signature around 0.006 to gamble. I won the first dice up to two times. Because I feel happy because I continue to benefit the dice and bet on raising the bet but I lost. And I bet again to restore the defeat but in fact I lost a row and run out of all my bitcoin.
That is just a small amount but if you are not ready yet to lose that amount surely it will leave a mark to you and you will not be able to accept it easily, you need to understand that gambling is risky. Our definition of big or small lose depends on our financial status in life, as long we can afford what we lose and we are enjoying the time we are gambling if would not affect our finances, maybe as of now I have already a big amount of loses but I do not track it because I am not really in gambling for money. |
|
|
|
I will travel and see new things and live my life a little more than usual
that's a great idea, to make your life more fun with travel. for me i will use it for trading, invest at altcoin with highest chance to rise like ethereum classic. Travelling if fun but you cannot get the opportunity to get another 10 BTC, maybe you would enjoy but you miss that big opportunity to invest or use the money in trading to grow your money, if that is in my hand I would not hesitate to use it in trading. |
|
|
|
THe gambling that girls do is usually extremely casual and not serious gambling. Young girls gamble in vegas sometimes, but there are lots of old ladies addicted to slot machines in vegas with those big cups full of coins, it's hilarious.
I have seen that too, women do gamble is just that the games that the average women seems to prefer are different that the gams that the average men prefers but they are out there, no doubt Women do gamble and that is the reality but they cannot beat number of men gamblers because more mean are more risk takers that women, and I have not seen any woman who has been addicted to gambling. I do not see women will succeed in gambling as they have no firm decision and are not risk takers in nature, they are just out for gambling for fun but not really as ambitious as guys who are in gambling, what I know is that more men are addicted to gambling compared to women. |
|
|
|
I would like to use it as an investment but right now I am unable to do that since I’m short on funds, so currently I am using it as a currency, but I expect to change that in the next year or so.
Good luck to you South. I would suggest that if you have other fiat source income, I would rather use that as your daily cash or online transactions and your bitcoin (even in small amount) will be used for trading. But first, you need to learn how to trade cryptocurrency and all other necessary things involve in the field like - the pump and dump thing and the like. Thanks for your encouragement 8Habits, I do have a source of fiat income but the problem, if we can even call it a problem, is that bitcoin is incredibly useful as a currency since I do not have a PayPal account or anything similar My suggestion is that you use your money inyead of btc in soending as fiat money is stable and prices are also the same for it. While your btc in spending it, there are the ones who need to adjust regarding to their US dollar value so when the usd value of it its low you will have to spend more btc in which you will lose more compared to using the fiat money. If we are talking about bitcoin the automatic answer is we should use it as investment, it is because the future of bitcoin is very positive that it could be more popular as it can help the economy of every country to improve if they will be open with the new technology. |
|
|
|
Bitcoin can be the first international currency in countries like Denmark, or Norway. I heard they are planning to ban FIAT money soon. Bitcoin can be the solution for that problem. Still i wouldn't live in a country without FIAT. That sucks.
Yea currently Bitcoin doing very good for become more good for every person and its could be soon we will watch bitcoin is very flexible for every person and doing leader role to be an international currency I hope to see that happen but it is going to be a long process because we can see bitcoin will be popular in a certain countries, legislators still needs to work on the laws on how to properly use bitcoin that they can impose tax on every transaction subject to tax. |
|
|
|
It is good to have savings, but if you leave all your money in the bank for a long time, it may lose value because of inflation, during which time you may also lose good opportunities to invest.
With bitcoin we do not need to save our money in banks, I am after joining the community of bitcoin always keep my money (which I use) in my pocket and those money which i have to save, I save them in bitcoin in my wallet and I am satisfied with this saving. It is still not wise dude, we also need to save money in the bank and do not just trust bitcoin solely when it comes to our savings because that is always considered a very risky move, we do not know what will happen in the future so it is good to have our money insured in the bank. |
|
|
|
Hello guys,
how many of you are earning for living just with bitcoin based projects? If some of you do, can you contribute what do you do?
For me I do not think ghat it is possible to earn a living for my self with just Bitcoin. I am not making that much money with Bitcoin alone. That is why I think that it is better to do just Bitcoin on the side. Good thing you recognize that because it is really hard to earn a living in bitcoin when you do not have the right skills, we are living in an online world where the outcome of our journey depends solely on how we manage our time so if we do not have the quality to succeed better focus on our day job than risking our time in bitcoin without an assurance to earn. |
|
|
|
Doubling your bitcoin is very risky, if you have big amount of bitcoin it is not easy to earn like what you have, and if you have small amount of bitcoin is also you earn small amount of bitcoin. We should do the right thing that we work hard to increase our bitcoin in our wallet.
Yes and doubling bitcoin is only possible if you work on it and try to earn it, and if you are depending on any online site or gambling to double your coins then that will never happen. The easiest way to double your bitcoin is to gamble, do it in sports betting because there are good sports handicappers that post their bets publicly so we can follow, and check on their record before tailing, most of the time if they have a good record they are correct with their bet selection. |
|
|
|
|
For the simple reason that fiat is easy to use and anyone can easily understand it while bitcoin is complicated for those people who are computer literate, that is also the reason why fiat is more popular than bitcoin now and in the near future.
|
|
|
|
|
Tell her like the simple way, I think there is no special about bitcoin that we need to tell it with a special way. Bitcoin is not a sin and it is just a simple online currency the same with the others which will be use for online transaction, if your girl has a little idea about online transaction it would be easy for her to comprehend.
|
|
|
|
|
There will be no bitcoin bank that can follow the way how a real bank in physical world operates. Banks are centralize and bitcoin is not, so that fact alone is a big contradicting factors that would not be possible, I do not know what would be the idea but as long as bitcoin will remain anonymous it cannot be called bank.
|
|
|
|
I see more and more acrticles of bitcoin being used for illegal activities
will this hurt bitcoin in the long run , will governments ban this just like they started to do wih paying in cash for some services
to harden the use of illegal , and money laundering
I know that some people using bitcoin for illegal activity but there are still a lot of people used bitcoin for good purpose.  Well, on that matter, that is their decision only and actually it is easy to use bitcoin for illegal activity because it is anonymous and easy to spend online. Maybe, they are one of the reason why bitcoin is progressive and in demand nowadays and that is proven by the price increase. |
|
|
|
The best way to rich in bitcoin is to a lot more capital to build a bitcoin exchange in the area who are really crowded the bitcoin users we can achieved what our goal on that business.
that's a great idea if you can handle it, building startup is not easy as you think, we need more mental, more energy not only a big capital. I think we all dream to have a good business but think of having your own trading or exchange site is a very ambitious dream, you cannot start that kind of business if you are not rich already. You should be more realistic and start from below and only plan that when you already have the resources. |
|
|
|
I usually buy Bitcoins and some aldcoins to hold it and then selling with the highest price, so making some profit this way.
Like what i am doing in my money to buy bitcoin, i always do trading to increase my earning while i have my pure investment in my bitcoin wallet. i want to have big income in the end of this year that is why. Diversified the investment is good way to grow your bitcoin , while you hold it you can trading an altcoin also. So far, i haven't buy bitcoin because i get in from free way like signature campaign , from campaign payment i move it for trading. You can certainly invest in different investment opportunity but make sure you will be able to manage your investment properly because time is very important to be able to do your job properly and for you to be successful on your investment. |
|
|
|
|
Show Posts
