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I was jobless for few months and I was looking for different ways to earn money online, I came across through many sites but it was hard to trust them, but finally I arrived at the right place.
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Hash ocean mining scam is number one, Bitcoin Doubling, even some faucet that fail to pay after performing the required task
I never trust those website Scheme Ponzi website are not real one where they offering cloud mining services and after a long run they going to scam people and also some faucet are offering high of earning in satoshi are scammed too lots of people are creating crap site to earn money. Yeah and this sites have become a real headache for its users as it creates bad image of bitcoin in the minds of people who wants to enter the world of bitcoins. |
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Like in the Topic said.
How would u guys explain Bitcoin to your Girlfriend!
cheers
The only thing that you have to say is that you can make money with it and I think that she will be fine with it if you are using your own money. If you are also using here money then you have to explain things in a better way. I agree just say that you can make you some money and I am sure that will be alright with it. Explain everything in detail if you have to. That way you do not ever have to explain it again. Girlfriend very well knows that you will take care of her expenses and she don't have to worry about it and in that case she will be not at all interested in earning bitcoins. |
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I think one of the greatest motivations to use bitcoin is that, in addition to the fact that Bitcoin works in a decentralized manner, send and receive money using it is quite simple.
Simple. Once you "understand" it of course. What fiat have in advantage over bitcoin is that fiat is so simple even anyone can use it. Bitcoin today only belongs to someone who is computer-literate, at least. Yeah people who loves to spend time on internet or who are used to computers will easily crack the concept and benefits of bitcoins and once they are aware about its features they will start using it. |
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Why quit if your earning big amount of money on your job. You can only quit if your already tired on your work and decided to have a homebased job which is bitcoin.
There are a lot of reasons to quit your day job even if you are being paid generously. Like you are already tired of going to your day job or you do not want your boss. If bitcoin can offer you a way out of boring office jobs, then you can take it. Yeah if you want to be your own boss then you can go full time with bitcoins but you need to make sure that you are earning higher income in compare to your day job and try to multiply your earnings so even if price goes lower it won't make much difference to you. Agree, on bitcoin world you are the boss and no one would command you on what thing you are going to do but as we all know and mostly people said here that switching to bitcoin fulltime would be risky since of its unstable price and theres no guarantee to make stable income. Yes its not affordable to get full time in bitcoins at a moment as price is not too high and not even stable and there is no promise from bitcoin that it will achieve higher price in future. |
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Right now I have a couple bitcoin saved about 6.72. I am trying very hard to reach the 10 bitcoin and be prepared for any price jumps. My plan is to have 10 by the end of 2016, cause i firmly believe 2017 will be the year of bitcoin and for bitcoin. I'm hoping to see prices going over 1k and then I could sell 10 of them which would be nice profit.
You have descent amount of coins and if you try to trade smartly with them then I think you will be holding more then 10 btc by the end of the year as of now I am having only 3 btc with me, hoping for some more in future. 6.72 bitcoins is decent enough to do tradings and how i wish that i could even reach those amounts because i do only posses only 1btc since in the first place when i came to bitcoin world. Trading would possibly achieve amount on the end of the year but it really depends on how you trade and also on luck. Yeah, timing is really important in trading, you should be aware when to buy it and selling is not a problem as you will definitely sell when you are making good profits from it. |
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I do not know a way to get a steady income in crypto... I can say that trading can give you a good income, but I don't think you will get a steady income there. If you diversify with some other tasks, this might help you.
No steady income there. It will be at the basis of how it will fluctuate. If it does not then there will be no profit for one day. So still better have a day job while producing more income in trading. Then a business to start would be the best choice for a steady income. There are chances of loss in business too if you take any wrong decision, best way to get steady income is to have a full time job where you get fixed and stable income in the form of salary. Much better is to have multiple source of income, people need to have business that can produce income in everyday lives and also if possible to have full time job is much better then insert the earning in bitcoin i think you can get the stable income on that methods. Its really better to have many source of income when we are living because we could put some assurance to ourselves that we would do experience such problems regarding on financial state thats why we should think on how we would achieve it. Leverage incomes would be the best thing to do. Its always good to have multiple source of income to multiply your earnings but you also need to take care of your personal and social life as you need to give some time to your loved ones. |
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I won't accept it as a form of salary because it is really unstable at this time......  it is your perception that is commendable. one middle road is we get paid according to the rates when the price of bitcoin payments. it will not hurt because we will have several options to get more money again. it will be very difficult. because each company was definitely not want a loss. when they buy bitcoin with high prices and the current employee's pay when the price is low. it would make employers think 2 times to give salary with bitcoin. Yeah neither it will be profitable for employers nor for the employees as price volatility will make it difficult for both the parties to get into bitcoins as if price falls in future then it will be loss to everyone. |
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Yup.
many times.
I have spend bitcoin many times for mostly on digital services. Bitcoin is really awesome as all transaction are transparent and instant . I like this feature very much because we dont have to wait for long time for getting/ receiving payments.
Exactly bitcoin is the best method to send and receive money across the globe as it involves very less fees and the credits are instant which makes it unique from other payment methods. |
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I told many times to my girlfriend about bitcoins, but she was not at all interested in knowing it and she says me that if you are earning then why should I waste my time in it, she is really a dumb girl  |
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I use bitcoin everywhere. I have alot of snackbar and coffee place here where they accept bitcoin and I always visit a place after work they know me there too.
Also i use bitcoin in online casino's and on some marketplaces. There's a few marketplaces with interesting stuff to buy and thats where i also use it.
Yeah just like me, I used my bitcoin by buying some physical items in online store, paying my internet bill every week. The fact is we can use bitcoins only for that purpose at a moment, either you buy things online or pay internet bills or recharge your phone, apart from them there are no places to spend them. |
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If I had 21 btc I would take out half and put in in gold, then leave 10 btc on my btc wallet to grow and for the remaining 1 btc I would trade with. 1 btc is enough to make alot of profit trading.
If you only trade with 1btc then also you cant lose all your money so its a safe thing. You'll get passive money from your bitcoin wallet and your money in gold.
Yeah its always good to put some money in gold as we know that gold will never disappoint us in future and 1 btc is really good amount to start trading as you can make descent profits with that capital. Gold is too boring, you will never get rich from holding gold. Now, holding 21 BTC can make you very rich within your lifetime, it's definitely worth the try. Not to mention gold can be easily counterfeited by authorities. We cannot depend only on bitcoin to get rich as bitcoin is an very risky investment to make as no one is aware about its future, so its always good to diversify our investments to minimize risks in future. |
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for me Bitcoin allows me to hold some saving out of the banking system and the hands of the government.
The best that I like in bitcoin is I can send money as Anonymous and pay my internet bills using bitcoin (via Coins.ph) and I can buy some physical items using bitcoin. <3 There are many benefits associated with bitcoins and its really hard to pick a single feature of bitcoin but the best thing I like about it is that now I don't have to depend on banks of WU for money transfers. |
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Fortunately I didn't have any bad episode, wise investments done by me for now.
People do act perfect only when they get enough maturity. But, all the decisions are taken for a good cause unfortunately turning into worst. People so far sharing their experience for their concluded decision, hope your investment is also completed with a better benefit for you. My worst decision was investing into cloud mining by 2013 in CEX site. I lost around 0.01 BTC, then they were very big amount for me because I were earning from faucets only that at the times. Hope your investment into cloud mining with CEX will not be a worst decisions when they are resuming their business of cloud mining again when bitcoin goes higher price levels like $800 or $900. But, most of the bitcoiners have made this kind of decisions when cloud mining were very much promising for our investment some time back. Yes and I believe that almost all users have lost their money in cloud mining sites in the past and now they will be not at all interested in investing it again in it even if they promise best returns. I do believe that majority of us here are victims of cloudmining sites in the past when we are just a newbie and doesnt enough knowledge on those things. We do easily fall on those schemes because we believe on those promised high returns on our investments but for now we learned from our mistakes. Yeah and I think we should not regret about those mistakes but we should treat them as an learning experience and make sure that we don't repeat that mistake again in future. |
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Investing in the bitcoin is good for the future of yourself and also good for the bitcoin plus you probably will make profit if you are patient. Most of the time it's just strategy and patience we need to make profit with the bitcoin itself, because it is very unstable yet.
Buying and investing real money in bitcoin is the best thing to do, as everyone is expecting to see higher price in future which can give best profits, but I don't think there is any legit place to invest bitcoins. |
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There are many ways to get bitcoin. If you're new to bitcoin you can use the signature campaign, it will provide substantial income. If the rank is high income certainly would have been better. Having already quite a long way you can learn to trade and investment that will make a profit. Use the results of the signature campaign for use in investment and trade. If you have a skill you can sell your skills may also be advantageous here.
Yes signature campaign is the best and safest way to earn bitcoins as there is no risk involved in it and once your earning reaches to a descent level, a small capital should be invested in trading. |
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I think quitting your job and focusing solely on btc is probably a bad idea. In some cases, it's like almost becoming a full time gambler. You always need to have a back up plan..
Yeah getting full time in bitcoin doesn't sounds great as risk will always follow you and if you have a good job with good pay then you should not think of quitting it. |
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Keep investing in bitcoin till the next halving, then convert it to fiat for more gains. Though I would assume that bitcoin will still remain a liquid currency and never devalue so rapidly. Using bitcoin for our every transactions is the future.
Yes and I am not thinking of next 20 years but I will surely hold my coins till the next halving and will try to collect as much as I can till we reach to that stage to earn higher profits. |
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Many worst decisions made in the past, investing in doubler/ponzi/hyip/gambling which took away all my savings and left with nothing in my hands, so now I prefer to stay away from those things.
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Of course I like bitcoin because bitcoin is money and profit...so there is no reason to hate bitcoin but not everyone can benefit from bitcoin. for some people maybe bitcoin could make them lose their money. it can result in a person who can change the assumptions about bitcoin. True, people would do hate bitcoin if they lossed their money especially on its moving price when they try to invest and saving up but if you are a wise person you would surely wit that the price would be profitable for you. If someone losses money then its possible on scam sites for sure, but they dont have the right to hate bitcoin because its their own fault. You cannot hate bitcoins only because you loose money with it, as it was your decision that made you loose your money, if you would be patient then results would be different. I agree with your words, and add one more that if you already have such a negative impression of a bitcoin, then why bother to engage or deal with cryptocurrency. If you have the patience and the results will be. That's not the case for most people who hate bitcoins. Most of them actually haven't even tried bitcoin simply because either they see people losing money from it, or illegal acts are involved, or they are just really afraid for a change to try it. Ofcourse it's not bitcoin's fault why some people see it that way, but if we could only change that stigmata, then it would be good for bitcoin and for our community as well. I think only for those who experiences can give you good investment but many scammers out there..they are experience of scam thats why they dont want to collect bitcoins again.. We all have scammed in the past but we have learned from our mistakes and still prefer to invest in it so I think people should change their mentality and give one more chance to bitcoin and themselves. |
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