The best source of bitcoins now a days is trading. Trading offers a slowly but surely earnings depending on the person who is handling the trading system.One thing/source must be listed also is signature campaigns here,most relevant and easy way to earn bitcoins here
Trading is neither slow or fast, trading is variable sometimes you will earn a ton of money in a very short time frame or you could not earn anything in a long time, while skill plays a role if the market does not move much then there is not much you can do. Yes, that is why you have to be both skillful and have the patience when it comes to bitcoin trading, because like you said prices may change a lot and then you could make a good profit or not change at all and earn nothing. So, you always need to keep an eye on the market value and sell in the right time to maximize your profit, or to minimize your losses in some cases. |
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I expect Bitcoin to hit 1600-1800 by the end of the year, then dump for a while before hitting 2000 by February.
Lets see if I am right...
I am also very curious to see it happen too. Hitting 2000 is surely a huge milestone for btc. 2000 means that the total capacity of btc has doubled and more influence btc can give. I believe there will be more services that accept btc as a mode of payment. We have to wait for all components to support each other's development of bitcoin. If everything has been received and ready with bitcoin then i am sure any miracle can be created by bitcoin. Including significant and unexpected price increases. And all the benefits we can get at that time. That is right, without any further development needed for bitcoin, price won't increase itself. We need more improvements right now, the blockchain suffers due to a big traffic sometimes. there are also spam attacks occuring from time to time, which are basically slowing the chain really hard. Without any solutions such as SegWit or 8 MB blocks, we just won't be able to stay on the price above 1500$ without the signals that it is going down: bitcoin would be simply overvalued in such a case, the asset cannot rise constantly when it has a huge technical backlog. Give it more time, dont be so greedy about the cryptocurrencies. Bitcoin is not a magical asset which increases its price over and over, it has to decrease too. Yes, it needs more development to be the favorite and full stable on the top. But I guess it will be done with the passage of time. The competitors of the bitcoin must keep it in sight that it is the first one in the market and it can offer quite adequate developments depending on the need of the market. Saying it now to develop it more is I guess a bit early. |
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Is gambling OK? Don't bet it! There's not an easy or instantly obvious proof text answer to that question.
Maybe in religious belief gambling was a sin, but gambling didn't mention in the Bible. However, the love of money is the root of all evil which is mentioned in the bible. Where in my part of it I am 100% agreed and believed in the Bible. People does not only gamble to win money or feed their greed. This depends on the purpose why people is going to Casino. If a person purpose is to have entertainment and enjoy himself then where is the sin on that. If you are using your own money from legit earnings, why would anyone consider it as a sin? But the thing about gambling in sites or casinos is that many gamblers assumed that you earn there, but no one does, what are they gaining or earning is loses, not profits. It must be really an entertainment, noone needs to seriously take gambling as a way to gain profit. As quoted it needs to considered as an entertainment and spend same as that you spend on your holiday for some entertainment activities. If you're lucky to get some profit feel good about it, but on excitement don't go for a big betting on a sudden hoping big win. Because the luck could turn opposite anytime. If a group of people or an individual is going to do suicide and we say that it is the will of the person to do whatever to his life, is not fair. So, we can’t say that being a tool of entertainment it cannot be termed as a good thing. Also when it makes a person happy due to winning it makes other sad due to loss. |
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Trading is safer than gambling. But both have risk as well if you are not also careful in trading and you have greed in yourself then you will lose as well. Like if you already have a good position to make a sell and already made a huge profit, but greed sets in and you still don't want to sell in hoping that the price will still go up and you will gain more profit. You have the skills and everything but when greed takes over you will be sorry in the end.
Greed is a part of the human nature, and it will be ingrained in our blood no matter what we do to get rid of it. The only way to avoid greed during trading, is to fix stop-loss and target values even before we start a trade. Worked for me when I was trading equities. Yes everyone has this greediness, and it is human nature. Who will control this greedy they will become a perfect trader or gambler. Are you looking to make money then trading is the best place to make some money with this bitcoin? Gambling is too risky here the losing chance is very high. But in trading, if you wait patiently you can make a good profit. Yes, that it is a human nature but how to overcome it is the problem ? Controlling these greedy emotions is a real hard task for some people. This control of emotions actually makes a distinction between the animals and the social animals. When people control this element they behave humanly otherwise there is no huge difference left between a human being and an animal other than the man got birth in humans and the animal in animals. |
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there are lot of ways like trading,gambling and claiming faucets
I think the best way to earn bitcoin currently is trading, i ever tried played faucets but not effective and waste my time and bandwith. But in trading there is a chance of losing your bitcoins instead of earning. Even lending is also good way to earn. Basically it depends on the personal choice of the individual, where he thinks is the best and safe way for him to earn bitcoin. It also depends upon the mood of the individual if he is aggressive towards earning fast he will choose gambling. |
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Bitcoin can make you rich but not within just a few days. Bitcoin can make you rich if you start right now working for bitcoins anywhere you can in fiver or behance or websites like those. Keep collecting the coins and sure after a few years your dreams may be fulfilled and realized. Many people dream here about getting rich with bitcoin but until then it is a long way to go.
This is what all we need to understand. With the hard work also you have to be patient. It will make you rich but not over the night, it will take time for you to achieve your goals, and what more everyone needs is struggle for it to collect as many as you can. Those who think of to become billionaire in a night will hardly understand this phenomenon. |
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Who gets in the way of paper money?
I use them often and I have doubts that they will ever cease to exist. Bitcoin is not a competitor to them. This is a completely different system and it does not need to be compared with fiat.
I totally agree to you. Even if the BTC is a competitor of the paper money still I am not sure it can ever defeat the paper money. Like it is easy to transfer BTC instead of the traditional bank transaction but the use of the paper money is sometimes totally different than that of the digital one. Secondly not all the people of the world are that smart to use digital currency. |
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It has of course no chance to get accepted, but I can tell you that the day it is accepted, prepare for new highs ! But this is obviously not for this time. I think that at least in the next year none will get accepted.
We cannot be sure that this time too it will get rejected for same reasons. Unlike all previous attempt, this time same applicant is trying to get approved with improved explanation on how bitcoin is working and why some common regulations will not be possible. I guess it may convince SEC this time. If SEC approves ETF application this time, we can expcept bitcoin prices to take off toward $10k price levels straightly like how we had in 2013, from ~$15 to ~$1100 levels. |
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A couple of BTC (20-100) is a good investment. But never put all eggs in one basket (BTC).
Diversity is key.
I traded some BTC against physical gold to lock-in some profits and rebalance my portfolio after the recent price rise.
Don't diversify too much. Focus on Bitcoin, there will be another global economic crisis, probably withing next 5 years. Global economy hasn't been fixed at all, managers and banks never learned their lesson after 2008 crisis. Soon bonds, stocks and fiat money could be totally worthless - only Bitcoin, a system which is not a part of official market will survive. What made you think bonds, stocks and fiat money will be totally worthless? Honestly there is more possibility that bitcoin will be the first one to be worthless once it does not solve its scalability issue. But of course being bitcoin enthusiast, i will choose Bitcoin because of its uptrend price. Hoping scalability issue fixed and political drama between two camps fades. Well everyone stepping into a business is for to earn not to lose all what you have but, you also cannot deny the factor of risk with every investment that you make. Risk is always there with the investment, no investment in the world is 100% safe. Keeping this rule in mind you need to study things if you are just a dump person and cannot determine or forecast the future of any business after studying it. You just need to do a SWOT analysis and you fill find the answer by yourself. |
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one of the most important things in trading, and much more in marging trading is money management/position sizing. research the subject.
Yes, I am very much aware of that and that is the reason I never prefer going for leveraged trading. In negative price movements it would be much difficult to deal with capital and position sizing due to restrictions from margin providers. Positions will get auto square off with the limits set by margin providers. I had experience of going for margin trading in Forex but never wanted to try in crypto currency trading. |
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Trading always need patience, if you loose your patience automatically it makes you disappointment. The price of the coin will increase if you wait patiently in this way there are many people making the huge amount of money in trading, but people who are looking for short profits will always disappointment ultimately.
Yes, without patience in trade there is nothing to do. Fairy tales of quick profits are completely out of place for serious earnings. Indeed, patience is a key to getting better in trading and eventually getting profit from it , but also experience and knowing what you are really doing goes a long way, so before trying or judging whether trading is disappointed or not, because I see a lot of people jumping into trading without having any kind of knowledge about it and losing their money and saying that trading is bad and not profitable. |
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any time you can become a trader. but my suggestion, when you start the better the earlier you already have a basic trade and try with a small capital. so you will not lose much in the beginning, and small capital is very good for learning.
Yes. We need to start with a small capital that is not terrible to lose, but also to ensure that the funds remain. Before you start, you need to learn the most important principles of trade. Actually, there are some platforms that allow you virtual trading, where you can test you knowledge and your skill in trading without spending any dime just so you can get your feet wet in the market, and I found this really helpful especially for those who have no skill in it, because it guides you through the basics of trading, and prevents you from doing bad decisions that otherwise will prove to be a costly lose in the real market. |
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the technology is the blockchain technology and adopting that means creating your own alternate cryptocurrency. if they adopt that, then it has nothing to do with bitcoin.
Adopting does not necessary means you are to create a new cryptocurrency, it is more likely you are going to accept Bitcoin and its technology. Use it in whatever is advantage you can have over other currency. So basically when someone adopt, it does not mean creating a new one, it is either using the current technology with Bitcoin or creating a new one. Even after adoption creating a new currency is not that bad idea. I will be basically doing well to the Bitcoin. As I have seen many altcoin supporters who while explaining it to you gives you the example of the bitcoin. The next thing they do is they will tell you look at the price of the bitcoin it is going sky high. This is where they develop an image of the bitcoin unconsciously into the mind of others. It can be seen that many people sell the altcoin and came to bitcoin. This is the success of the bitcoin. |
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You should hold gold because it's is accepted worldwide and exists from years .
While Bitcoin if accepted in your country you should hold because it has the decentralised feature where no one controls it .
I've never seen a shop in my life that accepts gold. On the other side I've seen quite a few that accept bitcoin. So you got these two messed up. It is because every currency bill that is when issued by a government some part of it is kept as reserves in the form of Gold. The bill that you pay is basically secured by gold. This is the reason that the currency notes are more commonly acceptable than that of a bitcoin. Though no regular dealing is made in gold between the buyer and seller but it has a history. The bitcoin is not even known by many of the countries. It may be acceptable in some parts of the world. |
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Well, Bitcoin has already gained it's ground. Though it's not a formal way but we can use it in our way. If Bitcoin will be declared as a international currency then it would be a interesting as well as fruitful for people who are engaged in Bitcoin.
Hopefully it will be a international currency very soon.
The differences while talking about the international that makes is I guess the formal form. Until and unless it is officially declared by the competent authorities we can’t term is international. Though it is used internationally but on the mutual understanding of the two parties, we can’t pressurize and compel to accept the BTC. On the other hand if we talk about dollar it is understood that both the international parties will deal in dollar. |
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The only way to win with betting sites is to have a lot more patience and emotional balance, if the person does not have these two factors nothing she does will guarantee you profits in your strategies.
It translate to : God is visible to human eye but only for those people who are holy enough. When the requirements are within gamblers, I believe no gambler will come forward to argue for non existence of such winning gambling strategies. Your putting all the responsibilities to gamblers to find and have good strategy which will make gamblers to think like they are not perfect enough so that they are not finding good results. |
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No, I would not gamble everything. What I would do is maybe set up some foundations for conservation, medical research, humanitarian missions and the like. Then the rest of everything I have will go to my family.
Well any sensible man would pretty much do the same thing. If you know it's going to be your last day, i think most of us wouldn't even have gambling in our thought. It would all be about how to make your family feel better after you're gone and how to at least make your last day worth it. Gambling is not worth a second of your last day. What happens is that when we know it's our last day we become very destructive as we are very upset with our life and feel that God didn't do good with us. I have a neighbour who's son before dieing took a big loan and then suffered. Some people can't do any good even when they are alive or even when they are burried. |
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Good news dude ! Bitcoin price is recovering little by little . From 950 $ some hours ago to 1066$ now ! Buy now till it's under 1100$. https://blockchain.info/marketsYes,now bitcoin's price is $1300.japan accepting bitcoin as legal payment,many other countries showing green flag for bitcoin and more companies starting to accept bitcoin are some reasons for this price increase.Inspite of Roger ver and Jihan's activities to destroy bitcoin,it has recovered.Bitcoin would be here for more.Dont know where roger and jihan are now.Bitcoin's predicted price for 2017 end is $2000 and it seems that there would be no difficulty for bitcoin to reach that price. Hopefully all of this won’t go in vain, because right now although the price is getting higher and people adopting it in their business, some others are dropping due to the fact that they are pissed about transaction getting slower and the fees getting higher. Because this problem not only is a define to the bitcoin principle in the first place but hurts many bossiness and many people like gamblers and investors where timing is very important. |
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I don't usually have money left from my job because i always put it on bitcoin and the left is just enough to pay from expenses like the food, electric bill, internet bill and so on. I'm not that guy who get his salary and keep it or just spend it all, I diversify it and put some on bitcoin and the rest is enough to pay the monthly expenses and now my savings in bitcoin is getting bigger and bigger and i hope it will continue to grow.
as i have continue my day job and not going to resign from that, because i can mange my day job and bitcoin in one time in a good way, therefore i am not going to leave my job and the second is that that the money that i receive from my day job from my job, i mostly use it for buying bitcoins. therefore i have not lifted any money behind. I personally think that no one should ever consider making bitcoin investing or working with it their main job, it should be always a way for getting an extra income, because although bitcoin is great and provides a good revenue it is not stable which makes it easy that someday it could fall really hard and then you will find yourself stuck with no job and no money. |
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i think the best investment for now , bitcoin .. i see bitcoin from 2014 and now 2017 , the price is very shocked . . and many more country accept this bitcoin ,, more reason i have why must hold bitcoin  Although fluctuating , but i believe bitcoin can success better than gold .. Gold is very hard to beat, even if bitcoin reaches high prices, and that is due to the fact that bitcoin has an unstable market value and risky to put a lot of money into, unlike gold which has been for many years the go to for people who want to save a large amount of money while letting it grow, because it is stable, but I think it depends on the person whether they are willing to wait for a long-time ore for a short time. |
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