To take benefits in short term I will prefer to invest my money in bitcoins, as its a speculation that price will go higher in coming months so don't want to miss the opportunity to make quick profits.
That's a wise move, for sure we will be rich in the future if we will hold our bitcoins for a long period. I know there are some bad news that will affect the price of bitcoin to fall but with our strong faith and confidence on bitcoin we can survive and rip the sweetest fruits of our labor when time to sell will come. A more stable investment than gold probably is not and never will be. Any currency rises and falls. For bitcoin generally hard to predict anything. Therefore bitcoin make better and keep longer in gold. Gold is more stable as it has existed before bitcoin, gold has been part of our history so it is valuable at any given time, the value will appreciate from time to time but bitcoin is useful for the people unlike gold is useful only for limited number of people especially the rich people. |
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I am envious right now. I never have atleast one btc in my life! And up until now I haven't save anything from bitcoins that I have earned. I am using it to finance my daily expenditures that is why I have not save any.
I also never had a complete bitcoin until now in my life but i never used them on my daily expenditures though i used to recharge my phone with them, but most of them were lost in scam sites when i did not know anything about them, so now when i know everything i'm just earning and accumulating and hoping to see 1 bitcoin in my wallet soon. Whatever you are earning should be saved for the future without investing it anywhere online, as there are full chances that you will be scammed in long run as there are no more legit sites available whom you can trust. Investing is never a bad idea as that is way to showcase your support for the community, we should show debt of gratitude to bitcoin as we are earning here and it is just right to return some of the favor but just invest what you can afford to lose to be safe. |
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How to become rich :
- Find and make an enrollment for a job.
- Doing you job with your effort , so you can doing your work with fun not stress because having lot of work to do
- After getting paid , save a little to your wallet and rotate your money if you need it to buy something
- Go back to step 2 until you get paid again.
Working is always the way to make money. And the people who know saves money is the key to have big money. That is the formula on how you are going to get rich is that you need to work hard for it so that your efforts are going to be worth it in the end. And as you are accepting your monthly or semi-monthly salary you must able to save maybe 20% of it even though not that big. As long as there is a progress on your every payday and savings. In my case, all my earnings online are being save in a separate bank account and I prepare it for my future retirement as my day job salary is not really that big, it can only take care for the daily needs of my family. I admire you method of savings, if you could do that successfully you will never forget bitcoin as it has provided you with your life savings. Times are tough but it ease the hardships when you are earning in different jobs and that is good bitcoin has help you a lot. |
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i think we should worry more about the fact that mark karpeles still holds like 400-500k btc. the bitfinex hackers can't dump all their coins at once without getting noticed. they have to mix and sell their coins in batches of 5-10btc per time. with such a pace the market won't feel it.
I'd say that the market would rather feel the lack of 120,000 bitcoins that got stolen at Bitfinex. In this way, if an exchange is hacked every month (okay, every other month), the price of remaining bitcoins would certainly hit the sky (and then the moon)... And Bitcoin would become as rare as hens' teeth getting coins off the market will definitely have a good impact on the price eventually, but well, these coins that are off the market right now, will at some point find their way back one way or the other. but then again, i am glad the reality is different. But as we saw getting coins off the market does not have a good impact on the price if they have gone through hacking an online wallet. You are not given to change the simple truth that price depends on the balance of supply and demand. If supply is diminished (for whatever reason) whereas demand remains the same, the price will necessarily rise. Indeed, hacks like that of Bitfinex influence negatively both supply and demand (people may start buying less and selling more having less faith and trust in Bitcoin)... But you still can't escape the laws of market price determination That's true, the hack has make the market affected a bit but we have recovered now as evidence by the price increase again. The overall principle will always apply in bitcoin which you have mentioned the law of supply and demand and since we are increase in numbers, demand will eventually increase. Hacks and spikes in Bitcoin's price are already well-known by us, the wallet holders. This is how Bitcoin went up from nothing to hundreds of dollars. We're going to recover and like every time, we're then going to get the price even higher than before the hack. Plus the halving, I predict we're all gonna have a good time soon!  We are all expecting on that, on having a good time in the future. Even bitcoins suffer drop price but we all know that bitcoin price would recover and even rise its price even higher. Even what circumstances may happen to bitcoin in the future for sure it would definitely increase its price. Majority of us here believe that the price of bitcoin will be more better in the future as we were able to make money on our investment. Panic buying and selling can happen anytime but we should be more focus on our goal and buy as much as possible. That is right. I do not panic buy or sell. I will buy the bitcoin when the price is low and sell when the price is too high. It is better to do panic buying as it is more positive and acceptable. If people are doing that, it means bitcoin are precious and the price will be affected to rise substantially and could also be even abruptly. So far, I have not seen panic selling because the fluctuation is still in the manageable level. |
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When we think about the possibilities... there are actually many. I believe that next year the new applications of blockchain technologies will bring bitcoin closer to the mainstream.
Not too early dude, we need massive adoption to realize it in becoming the mainstream currency, for now we should all support bitcoin so we can share it to people who are constantly doing online transaction using expensive payment processor, when merchants see we are a big market already and the price will be stable they will come in. |
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Yeah, loss of self control is an action that will not make us win or are having good luck. because when we lose control so all we do will certainly be considered something that is true. control yourself and make a plan that fairly steady while doing gambling
Just always never break the rule of "Never go beyond the amount you can bear to lose" and you will do good at most of the times. People always lose in the long run whenever they break this simple rule because of their greed. But silly mistakes might lead to big losses which may go beyond affordable limit. Being careful in not viable for all the gamblers at all the time. Yup.. and not only the losses. If you win $1, you would think it's not that much and you want to get $1 more. And when you get $2 you want $4 and so on. It looks easy. It even is easy, but.. as easy as it is to loose that amount. Greediness will make you lose in the long run, even if you have at least 70% winning bets but if you are greedy you will lose all your winnings in one time spin or event if we are talking about sports betting. Therefore it is really important to have a decent bankroll so you will not be desperate of chasing wins or loses. |
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for now there are strategies that I used to gamble in a sports betting. but, I just use a big gamble if the play is a strong club and they fight a new club, or unpopular. I think is very good for a big bet on the game. of course there is a risk you have to accept, but all businesses also have risks.
Well its still risky not a safe strategy but it will work for sometimes not at all.. Still now there is no the best strategy but choosing sports betting is one of the best to do because its easy to predict than the other game. I think there is really no safer way in gambling than to bet small amounts, because if you can bet that we can just afford to lose it is okay to lose, But if we bet more money that we cannot afford to lose I don't think that was good. Well ofcourse betting small amounts is better if you lose. But what if you win, you won't win much. The point of this discussion is to find some kind of method that he smart and works in the long term but so far nobody has been able to find the secret. I don't think so, for me, if you win, you will still a winner even if that amount is not that much but it is also higher than what you bet so for me, you're still a winner if you win one time. But after you win make sure you stop because if you still continue, for sure you will just lose what you win. We are just temporary winners and that is the reality, we cannot debate with the reality. We might win sometimes but in the long run we still lose, who among us here are winning in the long run? I think could not find one here because we are all losers. |
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The Miami Heat might have actually gotten better with D.Wade's departure. They can now start a full rebuild with Hassan Whiteside as the centerpiece. Although Chris Bosh is still with them, nobody's certain whether he'll still be able to play another game in his career. They still have Goran Dragic and Justise Winslow and Josh Richardson. And also the acquisition of Derrick Williams and Willie Reed could prove to be enough for them to contend for another playoff spot. All that Pat Riley lowballing might actually be good for the franchise.
yes mate those young guns can prove that even their superstar already went out fro their line up they can build a good competitive team those younger players can now show what they really have, i hope to see them back from play off and win for the eastern finals. I agree with Hassan Whiteside being the centerpiece of the franchise. I expect some major trade for them this coming season. They are not a championship contender with their roster now, maybe they can make playoffs but still its gonna be hard for them this season. For sure they will not be able to reach to playoffs this season, it was due to the impressive performance of D Wade last season that's why they were able to reach in the playoffs, and without a superstar in the team who can score they will be having a hard time to even maintain a good record. This will be a chance for some players in Miami especially the bench players and rookies to showcase their talents to become a superstar one day. I agree, they have all the opportunity to prove themselves this time as wade has already departed to Chicago. I can see Hassan would be the main man in miami and I can see the fans loving him if he continues his monster game. yes indeed mate rookies are more aggressive to show what they have and to create their names in nba so i guess heat have some edge from there, good luck miami hope to see more coming from this team cavs will be waiting for you. hehehe No chance they will reach in the finals to face the cavaliers, they are a rebuilding quite a bit as they miss wade in the line up, maybe this coming season is just an adjustment period for them until they get use of the system. I have to respect your opinion but I have seen them play without wade last season and they can still manage to win, so I just hope all of them will step us as there is no wade anymore and they should feel as stars in a team so they will be motivated. Yes they win some games. Maybe they can make playoffs with the easy way path in the east. But we all say they are not a championship contender like before. Maybe if they do a major trade, we all know Pat Riley. But right now I can't think of any good trade for them to be a contender. I know my idea sounds crazy, right now since miami is not a legitimate team to reach in the finals, maybe we just have to wait if the cavaliers will lose in the playoffs or in the finals and hope that lebron will go back to miami without wade, how was that? Is that possible to happen? |
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It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin. There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage. Maybe you can say that because you are just hearing one side of the story, not all traders are making money because if that is easy we are all into trading now, it needs a good skills and knowledge to be successful if not we will just doing it like a gambling that we rely on luck alone. Well agree with you not all trader are lucky to get more profit when they trade , other trader get big loss when they accidentally buy shit coin. And they just hold they coin even though there just loosing there capital but don't have a choice but to hold it than loosing so much money. That is part of the journey in trading, there are coins that has a good potential to be big in the future but suddenly it becomes a shit coins and you will surely lose a lot of money if you do not know how to diversify your investment. Diversifying your investment is the key in combatting some losses in your trades. Although I am not good yet in trading, (surely will within the year  ) diversifying makes a lot of sense. Because if we put all of our eggs in one basket and that basket fell completely, then all of our eggs is gone. Yeah, that's right and I am saying that base on my experience, I have tried to trade this coins name LIR and I put a decent amount because I think it is very promising but it does not work the way I expect it to happen so now I regret it and my coins are stuck because I cannot sell it for profit. This is like a lesson to learn, investing into some altcoin may be profitable as well turn into a nightmare, this is crypto world, thats why people must remember bitcoin potencial income is huge for skilled people like developers and people who have projects connected to bitcoin, normal people will get a small income from bitcoin, soo real work is needed to all of them, besides its advantages against bitcoin. That's why I like it here because all the opportunity can be found in the crypto world, we don't know each other but we are connected in this world. One cannot be judge by his scholastic record to be respected here but for his real accomplishment in the community, unlike in real world that it full of politics. |
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sad but paper money can not develop much their main problems are the durability of their money and continiously printing more and more money which is normally reducing their currency value
definitely right,paper money could be easily destroyed,and just compare dollar when in 1900 and now,the value is really different,if the paper money still being used until a hundreds years later,maybe we will pay a milk for 1 million dollar,such a decreasing value of the money just like in zimbabwe It is very simple for them to print another paper money to be use, and if you take notice in the past, we are still using paper money until now and they just simple change the design or laber of the paper money, it will never be lost in the circulation as that is the simplest means of transaction for all the people. |
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not wasting so much money buying not necessary things is a way of steady income because if you buy almost you like on the internet or in person the money you spend will be a waste better to save it than using it for non usable way. getting signature campaign here and making money giving you profit and additional income to you.
Signature campaign is really good as an additional income and you can expect steady income from it, and I think you should save those earning for future to get more benefits from it. You can also earn by selling your services on this forum and there are many ways to earn bitcoins it will totally depend on what skills you hold, its always good to earn from various sources. And I am pretty sure we all have unique skills that we could utilize in order to earn money to have a steady income, if we are just not being coward to try new things and put more confidence and trust in ourselves we could also be successful as the others. |
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It can fix your life when you win.
It can wreck your life when you lose.
But it cannot wreck your life if you do not wager an amount that you cannot afford to lose.
Also, if you win it cannot also fix your life if you just wagered a small amount of money.
Whatever was that, I still think that it will result to wrecking, winning small ang losing big means that the losing percentage is higher compared to winning... In what you've mention you mention the good part and all ends up in bad side right? It is better still to wager a small amount of money although we lose but still enjoy the game. That's what matters in gambling to last in the long run, we need to enjoy all the time and treat losing as your expense to be entertain, pretty simple to understand if you are not desperate to earn money in gambling. |
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It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin. There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage. yeah though it is risky to be a trader at the moment, in my opinion they never can earn any steady income unfortunately Being a trader, yes you can go full time but the income is not guaranteed for everyday profits. Trading is a good way of source of income but it depends on how you trade the outcome would result in your trading skills and decision making. Quiting your day job just to go fulltime in bitcoin is a very risky thing to do. To be successful in trading, you need a lot of experience and knowledge in it. It cannot be done in a day. So before you quit your job to do trading, be sure you are already well versed in trading and can sustain an income. Otherwise, do it both so can have an income while mastering trading. I think its better to earn from both of them as depending only on bitcoin can be risky, price may go very low in future and that will result in low income which may not take care of our expenses. Better to be safe than sorry because bitcoin is just new to our life and it could not last for long. Just enjoy the moment and get the opportunity to earn while bitcoin's economy is so successful, let us do support bitcoin as it can also give us a good income when it succeeds more. |
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Well if you want to grow it i suggest you to do trading, but you need to learn it first before you do trading, and you can try to invest it but not in HYIP or ponzi scheme because all of that is scam, if you are not good with trading then i suggest you to just keep your earning dont do anything with it
Saving is safe and doesn't involve any risk but its always good to learn new things to increase the level of coins in our wallet and trading allows us to do that, don't be in hurry, take your time in learning it as it will surely benefit you in long run. One step at a time, start with savings since it is the most important for every person who are constantly earning then after you are successful with savings then that would be the time to start getting more ambitious and that is investment in my point of view, choose a good investment to have a good profit. |
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Well there is not bad to invest in ethereum but the problem is the price of ethereum right now is high and i think this is not the best time to but ethereum.. better to wait because the price is decrease.,.
The Ethereum price is not high. Without the ETC fiasco, the price should be over 0.025 by now. When the ETC is no long live, the ETH price will rise. it is really high at the moment, i think that etc has a huge potential to take over all the eth and in a longer run eth might even disappear That depends on if the ETC can survive the dump by the Ehereum Foundation and some of the big holders including the hackers. If the Ehereum Foundation and some of the big holders including the hackers dump there ETC, that could mean 20 million ETC on the market, it is difficult to support the price. Maybe the DAO hacker is part of the new Ethereum Classic Foundation and he will declare that he will not dump the coins to the market. You could be right but only one thing I see now with ETH and ETC and that is the price is so cheap now and we have a very good opportunity to buy more for short time investment before it will start to pump again. |
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Hello All,
What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.
Steady income more likely to be 'small & secure' than 'big & risky'.
Thanks,
BR Oinas
only way to get steady income is investing i think, but investing in gambling sites are very risky so i think you should invest in good mining or other site Well, investing in gambling site is risky but not as risky as investing in mining sites as base of the trend in the past more number of online mining sites have scam their investors than online gambling sites. You will actually be a guaranteed with investing in gambling sites if the owner will not take your money because house always wins. I've seen people talk a lot about investing in gambling sites (so-called investments in bankroll). Anyone dares to call a name, one such site currently active that allows investments from outsiders? A few such sites that come to my mind ended badly I think we can find a good gambling investment site here in this forum, and people are sharing their experience they are earning a good income but I get your point that it may end up a scam, so what you need to do is to get out early once you get your goal. |
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Save half, invest the other half.
if depends on the situation. if I don't find any legit way I'll save my 100% money. the thing is to find a good way/source of investment. I would probably invest my 100% money if I get a legit and genuine way for it. because investment worth in today's time, but the problem is there is lack of good and legit investment sites/companies, Putting your own business is actually a good investment if you cannot find a good investment out their, at least the outcome is base on your capability to run a business and I think you can have that if you will be able to succeed in your saving goal. |
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I do this. There are 52 weeks in a year. The first week I save 1 dollar, second week I save 2, third I save 3, so on so on till you hit week 52, in which you save 52. It's a gradual increase each week so you don't even notice it.
That's a good saving plan but you need to be consistent to be able to get your desired savings by the end of the year. I know you can do that if you will instill discipline and you will not let your wants to take over, over your needs in life. |
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As my experience earning from gambling sites is very difficult but loosing money is very easy, I have tried some methods from other members but finally I am a looser, but i still gambling for now  Yes really very difficult to get a good income from gambling because if we did it was only temporary, the opportunity to lose the next bet is huge. That's what makes me consider gambling to have fun because it's impossible to get a good profit. By saying impossible that means nothing has ever succeed of making money in gambling, and I beg to disagree with your statement because that is not base on facts, I saw some professional gamblers who are depending their living in gambling and they are making money consistently. |
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I set aside a small budget each time when I gamble. When it's gone it's gone, never put yourself in financial trouble by gambling with amounts I can't afford to lose.
This is a good example of a gambler, just put money that is ONLY intended in gambling and use only small amount that you can afford to lose don't put to much money in gambling. Because gambling is really dangerous and we are not sure of the outcome of our every game. This is really a very good strategy and that's the gay gambling should be viewed in the first place as a fun activity. You pay money to have this fun. Unfortunately this is also the most difficult thing to do , to manage your bankroll as sometimes emotions will take you over and you will risk losing everything. Even though you are very good in managing your bankroll but once you let your emotions take over your gambling the end result will always be devastating, gambling is only for those who have a matured personality who were able to manage their emotion in touch situation. |
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