yeah, i still doing my job and making a bitcoin as side job, that's realy good to earn some profitable from bitcoin
and sometime i just set it as a little investment for the future, getting to know it more profit then my real job, but still i need a lot of exprience if i want to become a full trader with bitcoin
Most of the wise people have the same strategy i think, that can easy mange both in one time, i myself have a day job and still i can give good time to bitcoin trading, Investment in bitcoin for a long time can be consider as passive income. While the income that we can get from trading different crypto currencies is not passive income. To me i personally not in favour of passive income. |
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For me, it will always depend on the situation, If you can afford to buy your miner or can invest on your own don’t loan to somebody. Yes, lending some money to start your own business can be an excellent way to but it will always be risky. In all investment, there has their own risk in unstable bitcoin amount. Just spend some money that you can afford to lose, because in the end if you fail or lose your money, you will not be pity especially in this industry.
Yes that is important if we can manage to fulfill our need with our own investment, i think it will even be better to reduce our investment but should not try to take loam from anyone, because no one know about the future of crypto currencies, anything can happen in future, therefore we should not depend on loan which will become difficult for to return. |
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From what i see, with bitcoin anyone, from any country, of any age can accept Bitcoins within minutes. There is no ID card, passport or proof of address that all conventional banks required to open an account. All you need to do to start sending and receiving Bitcoins is to download a Bitcoin Wallet program and generate a Bitcoin Address.
Yes, I agree. Bitcoin has many advantages that benifits the user. It is accessible, you only have to do is that to an internet access. Bitcoin is also investing without any profit that's why lay people can join even a college student also. That's bitcoin is reliable in some instances. Yes that is right that a lot of advantage of bitcoin are there, and as time pass bitcoin advantages will continue increasing because bitcoin bitcoin use is now increasing from time to time. I think that the main advantage of bitcoin is that bitcoin can be use anywhere in the world without changing it into any other crypto currency. Bitcoin can also be use for both online as well as in offline shops for shopping. |
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The price of Bitcoin goes up and down. If you look at https://www.coinranker.net/cryptocurrency/bitcoin Bitcoin gain it's popularity since 2017 where the price went above $2,000. The price has increase since then. Yes Bitcoin will have it's dips but will always increase. Are you sure it will always increase? Where have you been couple of months ago when bitcoin reached 20,000$? I don't see that price is increasing, we are still around 9K. No one can say anything about bitcoin price that either it will continue increasing for ever or will dump, we always see increase and decrease in bitcoin price but it is because of the investors investing their money in bitcoin and when get some profit then the market take a correction. To me i think that bitcoin price will continue increase tell majority of people start using bitcoin, in fact currently very little number of people know about bitcoin while the rest have no idea about it, but the bitcoin users are increasing continuously, therefore i think that bitcoin price will continue increasing for a long long time. |
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Bitcoin is just a digital currency that can be used by everyone around the world for sending payments to each other, why would anyone think it is dangerous to use bitcoin just because there are some governments who ban crypto-currencies exchanges operating in their countries? Some bans might be temporarily as the authorities are just trying to figure out an efficient way to tackle criminals using bitcoin for money laundering purpose.
Bitcoin can only be dangerous for those people who do not have any experience in trading and investment, in current time actually we are using bitcoin for investment purposes, and every king of investment can be consider as dangerous if you do not have good experience and trading skill. To me i think bitcoin has already given good profit to people therefore we cannot consider bitcoin as dangerous. |
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For now regular money is better by far thatn cryptocurrency. Because regular money can use by all people anytime anywhere. Not like cryptocurrency, only those people who has gadget and internet can use it.
Very honestly i would like to say that bitcoin is far better than fiat because of the facilities that we can get from bitcoin, although in current time we cannot get all the facilities of bitcoin, but in future when bitcoin will become more common and more people will start using bitcoin, then i am sure that bitcoin will provide more facilities to us than fiat currency. |
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Although, bounty campaigns and airdrops are ways of earning as a beginner, they are not without risk. Sometimes, these bounty campaigns are unsuccessful and they fail to pay.
However, I believe that the best way to earn bitcoins as a beginner is to participate in signature campaigns.
All you need to do is to make a certain number of quality post on a weekly basis and you get paid at the end of the week. The advantage signature campaigns have over bounty campaigns and airdrops is that they pay in btc while others pay in tokens and stakes.
Very little chances for that, because i have worked for so many signature campaigns, but never found any scam, and specially if you are working under the supervision of good manager like Yahoo, who is the most senior and trusted campaigns manager. You just need to be careful while joining a signature campaign that what the project is about and who is managing the bounty campaign. |
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Long term investing in bitcoin is sort of like buying then forgetting about it. You don't need to constantly check the price and worry about it dropping. It's much more relaxing compared to investing short term. If you're willing to go in for the long term then the long term investing is always better
No doubt that long term investment is more profitable and less risky than short term investment, but in case of bitcoin, as bitcoin is still not yet considered as regular currency by most of the countries, therefore most of the investors afraid to invest their money in bitcoin for a long term. But i think that bitcoin has already given good profit to people therefore we can expect that it will continue giving profit to people, because of the increasing interest of the people. |
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Indeed bitcoin will not last forever but i think it will last long term because bitcoin is now highly sought after by investors who want to invest in bitcoin. So i really believe that bitcoin will last for long term.
Bitcoins will exist forever because all the other cryptocurrencies price are based on bitcoins and the reason why altcoins are existing is to compete with bitcoins since now a days bitcoins is very expensive and people should choose a variety of coins at the scale of their capital. bitcoin will surely stay for a long long time and the reason is that bitcoin is now going to be the main currency of the people which they will be using for everything. Bitcoin will not only use for online purposes but even local shopkeepers will also start accepting bitcoin in their shops, therefore we can expect that bitcoin is going to stay for a long long time. |
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About virtual currency, there are 03 different understandings:
Money is unmanageable, no physical shape and is used in electronic environments, it is called virtual money.
The type is not real value, not guaranteed by cash, gold, and valuable assets.
The money is usually used to pay for games in electronic games, each type of game has a different currency and they can not be used to exchange for each other or to bring out the electronic environment to buy. Other service products are.
The concept of virtual money is born, widely used and most often by the third interpretation itself. With this kind of money, the balance can be managed and easily changed by the issuer without affecting the financial or market economy.
Cryptocurrency is a good example of virtual currency and since credit cards are widely used today so online stores are also creating a payment method where you can use your cryptocurrency to pay bills and purchase any items online if they will allow it. Bitcoin coin and all its altcoins are virtual currencies, virtual currencies are not in physical form but we can only use it online for different purposes, it is just in numeric and do not have any physical body. It is a new concept which is becoming popular in moder time from time to time, people now like to use virtual currencies instead of fiat currencies. |
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There are people, organizations, countries will tend to destroy bitcoin, but one thing is for sure, they cannot destroy it unless we will still stick to it no matter what. Don't worry about them let the people behind this handle and just do your part to continue to believe and hold what you have.
Some people may be trying to do so, but i think that it is not possible no one can destroy bitcoin, bitcoin will remain for ever because it has now become the basic need of the people, just like people, there are people who are using bitcoin for most of the purposes for which people are using fiat currency, therefore i think that the use of bitcoin is increasing day by day and now one can so easily destroy bitcoin. |
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Is it worth trading in such deeps or you should wait until the market becomes stable? I am asking about the short-term trading positions.
Why not, deep price is good opportunity to buy back and besides that, have you ever hear trader/ investor buy on top price and not regret his decisions?. In short term strategy, this is not the right time and you should wait. The questions is, why you not change strategy become long term period?. Market always change and good strategy can follow the trend and get out when reach the realistic target. Try it and feel the different. People always wait for the low price to get chance and trade, so as to get more profit. I think we should trade in current price of bitcoin, because that is a very reasonable price for trading bitcoin, bitcoin price is still too much undervalue and still it has too much potential to increase in near future, therefore i think that we should not waste any more time and should invest money in bitcoin right now. |
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I believe that trading is worth it if you know how to deal with it. If you want to be successful at something, you should be ready first, not to mention that you should accept failure because you cannot just be born with skills and experiences. Trading requires both skills and experiences. Sometimes it goes swimmingly and sometimes it does not. That is why you should learn the basics, study the field, and then get to it.
Trading can only worth if you have good experience in trading and also showing good interest there, Those people who have good experience and they have already spend a lot of time in trading they trading can really worth them, In fact crytp currency trading is not an easy job, specially short term trading where you need to take a right a right decision in right time. |
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If you work for a signature campaign you need alot of accounts to make it a living maybe about 5 accounts minimum and when you actually work you need to do that daily and need to finish the requirements before the weekly cutoffs.
More thank one accounts are not allowed here in this forum, because this form is bot basically for making money, but here the discussion is only about the bitcoin promotions, and to discuss such matter here which can be helpful for other, who are facing any problem or need to get some information. Signature campaign can only give you a limited income therefore trading is the best way of making online. |
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The best one to trade are Poloniex,Bittrex,Binance and local bitcoin.com.
I had trade with all this ,to sell the bitcoin with huge price than the current market rate you can try of local bitcoin.com.
To buy a bitcoin you should try the first three to get at low rate.In Bittrex we can buy a bitcoin with low price.
Yes these good exchanges for trading, but i think polinix has paused opening new accounts because they want to extend their system. Ccex is also a good trading platform, but need an invite code, and i do not know to get the invite code because i do not know anyone who can send me invite code. The only plate for which i am using for trading is yobit, where i can do trading without facing any problem. |
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Bankers will always be here, in one form or another. The rich will find a way to have some sort of control, this is a given. We are smaller whales in the sea have to hope they work with the current market and not against it.
Yes it is not as easy as we think, banking system will expect and will operate even if bitcoin become so much common throughout the world. Although people will reduce the use of banking system but still it does not mean that it will totally eliminated, because people will continue using fiat along with bitcoin, so banking system is going to stay for a long long time. |
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Bitcoin is special among all coins, its the first ever created and all coins depends on bitcoin as if they just can't live without it, the value of bitcoin may varied but is special feature will always be the same the fact that its decentralized is what people like most and plus it many ways of using it and they can't seem get enough of it that is why they choose more that fiat.
Yes bitcoin is the found of all other currencies which is making bitcoin as more special than any other crypto currency, It is also so much special because the investors of bitcoin are too much and almost present in every corner of the world. Still more people are entering in the world of bitcoin and making bitcoin more special. |
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A few countries and central banks have been talking about “digital currency”, and most of them are carefully ignoring the term “crypto”. Fact is- digital currency is not the same as cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they don’t want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?
I guess they are going to create their own crypto, but will it those type of cryptocurrency we are used to? We have to be ready to high taxes, awful fee and hard regulations. I think some countries have already created their own crypto currencies while other are taking interest to create. Its means that now the countries are accepting the importance of crypto currency, but still i would also like to add that any other crypto currency cannot be compare with bitcoin, and all the countries of the world have to accept bitcoin as their main currency. |
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are the price movements related to those speeches of the central banks such as the BOE?
Logically it has no impact because bitcoin is decentral and he stands alone, but if we think broadly it greatly affects because the user's interest in the crypto is influenced by the news especially if the cetral bank gives a good or bad speech about the cryptocurrency it definitely affects the movement, this is a speculation of my own. I also think that there may not be any impact of central bank on bitcoin. Bitcoin is decentralize currency, therefore it is not under influence of any country, bank or under any country. Bitcoin is decentralized anonymous currency and hope that it will remain as free from the influence of any state or bank, we can hope that bitcoin remain in its congenial stage forever. |
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People says it because gold is their example of investment. Because gold is a very precious metal that everyone know and it has stable price while bitcoin is not known by everyone. So I think that is one of the reason they people says gold is better than bitcoin.
Everyone has their own thinking, but to me being trader i will like to say that bitcoin is more better than Gold, because the profit tat we can get from bitcoin cannot possible from gold, although there is also risk involve in trading bitcoin but still i would like to say that if a person want to earn money he must take the risk, without risk it is not possible to make money. While gold is only best for holding your assets. |
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