Yeah, it will be useless if bitcoin losses its value just because all of us hold and not spend even a part of our coins. Transaction matters. Soon it will be the life blood of miners. After the next halving, they will just be relying on transaction fees to survive. If we do not spend, then it will be the end of bitcoin.

That is a good plan. But if everyone of us stops spending bitcoin then it will be stagnant. And that scenario will have a negative effect on the stability of bitcoin. Bitcoin price will halt and may go down. It is best if we still spend some of our coins and reserve majority for holding as an investment.

The problem when you only start saving when you already have a family to support is that it will be harder to find money for savings. You will have to work double time to earn money. There will always be expenses and sometimes what you earn is not even enough. Then there are unexpected expenses like medical expenses. So you can't almost save unless you have a really high paying job.

True. Both saving and investing goes hand in hand and cannot be separated with each other. You cannot invest without saving first and you can secure your future by investing. Both are important should be both done if you want a better life.

It is usually the discipline to follow thru the plan that gets in the way of saving. You can set up a budget, a percentage of your salary for saving  and everything but without the strict discipline within you to strictly follow your plan, it will just be another sketch on paper. So no matter what style you decide on managing your money and saving, what matters is that you are dedicated to that plan and do it strictly.

Seems like a good plan. But how long do you think before you accomplish this plan? It is best if you start laying the foundation of your business while you are working. Do it on your free time so that you can see if what you have in mind is really feasible. They say that you can't start a business without money, but in my opinion, money is the least of you worries when it comes to business.

I think he is correct. I think, it would be better if google and apple accept bitcoins so that it can implement purchasing game credits using bitcoin. So all apps in android and ios can be accept bitcoins. But I think that idea is still far from reality.

You are entitled to your own opinion. Stocks are something you buy too and you can't actually touch them too. But people are buying them and they are making tons of money in it. I think it is the same with bitcoin if you consider it as an investment. Commodities make you lose money, stocks and bitcoins can make you more money.

Yeah, why buy if you can just earn it. I think, if you are not trading bitcoin, then you should stick into just earning your coins. But if you are trading, you should buy coins so you have a good start with trading. It will take you a long time before you can trade well if you are just relying on what bitcoin you earn.

I can still feel the benefits of bitcoin and I am still employed and doing my regular job. There is no stopping in having the full benefits of bitcoin even if you are just working for it part time or you are just a user of its currency. If one is comfortable doing both bitcoin and regular job, then he should do it. If one is confident to survive earning bitcoins alone, then he should focus on bitcoin.

Like you said, you'll choose invest if you have more money. That means you have to save first before you can invest. There is no investing if you have not saved anything. You cannot choose any because you have to choose both of them. Saving amd investing should go hand.and hand.

YOu will never know, sometimes you can never control situations. You may have emergency funds, but those funds can run out and what if your emergency fund cannot cover all your needs. Then you have to run to your friends or parents for help.

That is almost as high as minimum earners here in our country. That is a good income for you because you have no boss, your time is yours and yet you are still earning a decent amount daily. Bitcoin gave us opportunity to make our lives better.

the price rose to more than 50% in the last 3 months not because of the effect of halving but because of the hype of the anticipation of halving. The hype brought a lot of buyers to bitcoin. We will feel the real effect of halving after a few months when the miners are feeling the effect of halved rewards.

YOu will never get rich just doing signature campaign. It can make you have a good meal but not enough to make you wealthy. Even if you have another job and you are doing signature campaign, the salary is not just enough. You must have a good business that makes you good money and some good investment. Maybe in a couple of years you will be rich.

That would be millions in our currency. And if he invested millions on bitcoin, that means he still has millions in his bank account or assets because you do not invest everything. You only invest a part of your savings, your other money goes to emergency funds and other expenses like mortgages and cars. So if you have millions, then you must be rich, at least in our country. I do not know about your country, but at least in ours, it means your rich.

Never mine bitcoin if internet goes down.  I think the world will stop revolving if there is no internet. People will go nuts not being able to update their facebook status. We are now heavily reliant to internet and its services, so if it goes down, world economy goes down with it too. Then chaos. So, bitcoin will go down if internet is out. The same with everything that relies on internet too.

Maybe they are just too lazy to learn something new. And bitcoin is quite a new idea to them. They are not willing to embrace something that is new to them. But I think, if people will just give it even a little try, they will appreciate the good things that bitcoin offers to its users.

It is not that complicated if you are just a currency user. It is just like using a credit card or paypal. It will be complicated if you are a developer or at least a miner, you will have to deal with a lot of technicalities. But for normal user, it is just receive and send bitcoins. And we can just use online wallet.

In our country, if you have that amount of money, you are already considered rich. So you do not have to do anything anymore because you are already rich with that amount of money. All you have to do is maintain that amount or grow it little by little each day and you are good.