I usually do sportsbetting , on an average I earn around 0.2-0.3 everyday, with losing in some and winning more than it in some.
Wow that's a good amount to earn, on which sport do you gamble, as I tried once but I couldn't win it, is there any secret formula to win in sports betting, if yes please pm me  |
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Im wondering how many people you knew uses or know about btc in your small community..
Mind to share your thoughts..
What do you mean by "small community"? Family?Friends?Nobody knows anything about bitcoin in my family or my friends. They aren`t very tech savvy and they won`t understand anything,if i try to explain the bitcoin/blockchain. My family is aware about bitcoins as they see me working everyday on it, and I have explained them the basics of bitoins, but they are not interested in using it but they don't have any issue if I am using it. |
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That's true. It can affect in a good manner, if you know how to use in the right way, or can bring undesirable events, if you act carelessly, but it becomes easier to manage with knowledge and experience.
You can say it affects life in a good way but it also affect life of some people in bad way, These are people who are a part of gambling to make more and more coins but unfortunately they loose all their earnings in gambling so bitcoin has a bad affect on life also. But 75-85 % it has a good affect on life of their users. whether people lose money when gambling bitcoin or fiat, it doesn't really matter. these people make their own life worse as they lose with gambling and can't stop with it. this is not the fault of bitcoin. it's all in their mind. Well if they are going to make themselves busy with gambling using bitcoin then for sure it is going to affect their lives a lot. But as long as we already warned them that it is not going to be good if they are going to become addict with gambling. Because there are a lot of lives that was already wrecked because of gambling. Giving them good advise is our responsibility, to take it or not it depends on an individual as its his own money so he can do whatever he wants to but if he is smart enough then he will follow the advise. |
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the best benefit which i found with bitcoin is i can make real money with bitcoin and i can buy something on store online with bitcoin without sending my private data to the store online. beside that, bitcoin make my life easier when i want to send and receive in some amount into my wallet. i love bitcoin  Yeah B2B transactions are very good and safe, but the best thing I admire about bitcoin is that its an blessing when it comes to transferring money across the globe and that also with minimum fees. on top of that, there is no third party platform needed for all of this. people are now boss over every aspect of sending and receiving transactions. you can store your money outside the current banking system. no one can tell you what to do since you are the only one with control over your coins. this is the freedom people have been waiting for. Yes bitcoin offers us freedom and privacy to transact without any involvement of third party and we have our own bank in the form of bitcoin wallet which is accessible 24/7. |
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Not very popular, but only a few are miners, or day traders. I estimate there are 100k people in my country involve bitcoin.
100K is quite a high number of Bitcoin users depending on the country. May I ask what country you are living in? Also, how did you come to that number, have you done any research or what? I think he is trying to say 100 people and not 100k, as it is too huge number to expect and we can arrive at tentative number of people using it but its impossible to calculate exact number of users. |
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Hard work. I am not really trying to reach the rich part. But the very least I could do is have some money that could provide for my necessities a little for my savings and more for my investment. With that I could live. I dont want to be so much busy that I might forget where I am really rich at. Family and friends.
If you're going to exert that much effort, why not aim for a higher amount of money? You shouldn't settle to something like "to buy my daily needs", what if there's an emergency along the way? What would you do? You said "a little" for your savings, is that "little" enough to fund if somebody in your family gets confined in the hospital? You should work smart as well not just work hard so you'll get more money. If you are smart then you will invest money in bitcoin and some of that should be transferred to altcoin trading section to get daily profits and over a period of time you will be holding higher amount of coins in your wallet. |
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Selling bitcoin never doesn't make any sense, if we never sell our coins then we will never get our profits and if that is the case then its useless to invest money in it, I will prefer to sell some of them when it touches $1k.
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Signature campaign is always an option when earning money. You get paid weekly in signature campaign in most cases. Reaching the maximum post count per week would make you have a steady income. Although the earnings from signature campaign wouldn't be able to feed you for a week, it's really helpful. You should look for another source of income and do signature campaign once you get home.
earnings from signature campaigns should at all times be seen as a bonus, and not as something that is part of your total income. because if you depend too much on the income generated through signature campaigns, and they at some point will stop, then there is a gap you need to fill. if you see it as a bonus, and the signsture campaigns stop for whatever reason, then nothing happens. Yeah and no one knows how long they will survive and keep paying their users, so its better to have alternate of earning bitcoins so even signature campaign disappears it won't affect us much. |
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I would probably invest in the altcoins market, because with the current volatility, there may be great opportunities, if you strive to understand market movements.
I would also try that surely but only some small amount out of those i will try in the altcoins trading because i will not want to risk much of my bitcoins in the trading.I would rather diversy my investement in various places so that chances of loss end and i will be happy whatever the small profit i achieve. Yes diversification is the best way to minimize risk, so even if trading gives us loss we can recover that loss from other investments, and once you are good at trading you don't need to go anywhere else. |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place?
I mean cloud mining is a scam but there must be something else we can actually do right?
You first have to invest in trading you will earn and grow your bitcoin . And all you earn bitcoin is to quickly gather the cumulative rise to bitcoin . And when the time rise bitcoin expect that you will have more profits because you 're compiling bitcoin . Consequently quickly grow your bitcoin and easy to earn in trading. Trading is the best way to grow the number of coins in wallet, and if you are new to trading then it will be good if you start with a small capital to avoid risk of loosing higher amount and in future you can go with higher amount. |
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I'm not use bitcoin daily only once a week, it for move to my cold wallet maybe all bitcoin users will not perform transactions every day.
Yeah it's because you do not have something that can make you become more interested in spending the BTC that you use for your desired needs. so, this is the most correct way when your goal is to get a tremendous advantage when the price of the bitcoin be larger than now. Yes price will go higher in future so best thing to is to save them till it reaches our target price, and if you are in urgent need to money then you can sell some of them an convert to fiat. |
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to be perfectly honest i am holding for the long term, yeah i keep a small amount on a mobile wallet for stores and stuff or showing others but i think that when the masses take to bitcoin in what ever form the price will increase also. Yeah holding majority of them can give us good profits in future as everyone believes that price will reach to new levels in coming years, so holding is a safest way to make profits. |
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When we talk of steady then definitely gambling as to be written off because of its high risk and uncertainty but services like signature campaigns should reward one with the steady Bitcoin income
Yap only signature campaign can give you steady income, other way maybe faucet because with this way have no risk to losing a money. But the fact is earning from faucets will be too low, so I don't think we should spend more time there, combination of signature campaign and trading can give us descent outcome. |
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I'm using bitcoin in 2014 a few months before joining in this community but I was lucky to know this forum because I get a lot of knowledge from here.
Yes this is the best place to collect latest and updated information related to bitcoins and also to earn descent amount of coins, I became part of this forum since April 2015. |
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I bought only once and not full bitcoin but only 0.5 btc in 2015 when price was around $300 and after that I am only earning them with signature campaign and trading.
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i think the best way to invest this is to do some trading and if you want to invest in websites avoid hyips
I think that you just need to hold on to them because that already is an investment. There is not reason to invest your Bitcoin in something else. I know that if you hold on to them you can make much money in in the future. Right, because 21 Bitcoin is a big amount, so should be-careful and don't take risk, just hold it and save it now, and wait it, You know now bitcoin is going up and its mean you can make profit easily without any hard working, I think you have no need to doing any investment and trading because you have already a big amount. Its not 21 btc but 12 btc, I think you should read the topic carefully, but yes even 12 btc is a good amount to have in a wallet, and if you don't want to avoid risk of investment then simply save them for future. |
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In betting this is very much possible but the problem comes in when you used to staking low amounts then upgrade to betting with larger amounts say 7BTC then your gameplay changes as you will be betting with fear and likely to lose your fund s to the house
if you're talking about betting,it is the same as talking how to lose your money it's definitely not doubling,it's indeed could double your bitcoin in just few minutes but only if you can manage to win and you need a damn high luckyness for it Exactly, and we know that there are very less chances of that to happen that we could easily double our coins in gambling as most of the times we would be at loosing end. |
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Yes the price does matter, people that are new are investing on the bitcoin based on the price, I think its good that we have a price.
If we had no price a lot of people and company's never stepped in..
without a volatile price, it would basically be a waste of time for investors to step into bitcoin. so yes, in that aspect the price plays a crucial role into attracting money from traders to make sure the market has enough (or at least a good amount) liquidity. At this current point in time yes people invest to speculate and make money. In the future though bitcoin might be the safe stable place to always hold your money and then speculate in other things like USD. i don't think bitcoin will be stable enough where people say it's a safe haven to store money in. volatility will always be an important part of bitcoin. that makes bitcoin interesting for traders as that will attract fresh money. Yes and if price gets stable in future then I don't think many of them would be interested their money in it as they won't be able to make quick profits if there is no price fluctuations. |
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There is no doubt that everyone will sell all their coins if they see that high price of bitcoin in future but I really doubt that it will ever happen as it is like dreaming with an open eyes.
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How, and how much did you manage to lose?
We should manege it when we get lose, because everyone have face the lose, but everyone's way to get the lose is different, and also the way of manege it different. But in bitcoin, truly i have not a lot of lose, but sometime, but only in gambling. In Gambling i can't earn it more but i can manege it, and signature campaign always help me. Almost all people are experiencing loses because its normal to be lose in gambling because its gambling they are made gambling to give entertainment not to give people to win and get money for free.. Thats why many business man are success in gambling site.. Yup that is a fact and most people have already gotten the loss or defeat. This is a risk we have to accept even though we do not want to accept it, so do gambling well in order to get maximum results. Yeah she can succeed because he is the owner of gambling sites. The only thing we need to keep in mind is that house always wins, everyone has lost their coins in gambling which has made the owners of the site richest person. |
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