If I were to choose between money and gold, I still would take the gold. Due to the advantage of gold is very big in my opinion if we invest in gold. If bitcoin might also be able to get an advantage but in the short term.
Yes bitcoins is good to make profits in short term as holding them for a long term can be risky as we never know what price it will be holding in future, so its better to sell them when its allowing us to earn profits. |
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i am just investing my bitcoins in gambling or alt coin and cannot use it for shopping in my area as there is no shop who accept bitcoin, therefore we mostly keep and hold bitcoin for the price increase and when feel the need then exchange bitcoin in to fiat currency and then use it to fulfill my needs.
As you are a newbie so I would like to suggest you that keep yourself away from gambling as it will not give you anything in future and altcoin trading will allow you to grow your coins. |
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However buying bitcoin have some advantages. This will be a trend in the future because more people who interested with bitcoin will increase . no doubt buy and invest in bitcoin can make me have a better life.
Yes its always good to buy bitcoins and keep them saving for future as more and more people will buy bitcoin it will affect the price of bitcoin in a positive way which can give us good profits. |
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Trading is a good idea for making bitcoins but you need skill for it , also you will need to Understand the market in order to make profit.
one other way of making bitcoins ( Best way ) is to join a signature campaign on this forum which gives you a certain amount of bitcoins for making posts on this forum.
Good luck
Signature campaign will give you stable income but there is no scope of doubling bitcoins as it will be a time consuming process, better choice is to go for trading and multiply your coins in long run. Yeah signature campaign is one of the best and stable income but for me i am not satisfied because its small earnings every week.. Trading is one of the good place where you can gain a good profit depends how much your capital and how much you hold legit altcoin.. Yes and you cannot expect to double your coins with signature campaign as payouts are limited, but if you are good in trading then you can double your coins in future. |
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It depends to who is that person, if he/she is a bitcoin expert, I might listen to him/her, because he/she has knowledge about how the market is going. But if the person doesn't know about bitcoin at all, I won't follow his/her advice, because he/she don't know the potential of bitcoin.
If he is a expert person then he will never give advice for free, as there are many trading experts are available who take a fees from you to give you tips related to altcoins. |
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I am here since last 3 years and after spending enough time with it I have learned many ways to earn it and it is taking best care of me financially at a moment.
It's a never ending mine field trying to keep on top of all the new tech and ideas coming out with bitcoin every day, it's an exciting time. It seems like everytime you hear about some new cool feature to check out and get your head around that something else pops up and your back into it all over again. Yes and I think this forum is helping us in keeping ourselves updated with the latest information related to bitcons, and even if you are old here but every day is a new day in bitcoins. |
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I am not sure whether I will be holding that high amount with me ever in future or not, but if I loose someday then I would surely get panic attack and anything can happen after that.
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Yes, I lost it in some dice games, also in HYIP sites when I am just starting in bitcoin. When I am registered here in bitcointalk, i learned more on trading cryptocurrencies. There are many references here which can teach you trading and minimized your losses.
Yes even there are many videos available on youtube where you can get clear cut picture of how trading actually works and it can surely help us in long run and establish us as a good trader. |
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You can't get a lot for free with small work, try faucets but they don't give a lot
Absolutely true , uses faucet for your start of journey in bitcoin world after that leave that way. But , if you have lot of referrals you can get decent amount from faucet and you must share about the site with your friends. Faucets will give you instant santoshis but its not worth to spend time there as it will consume more time to earn few amount of bitcoins, better way is to go for trading and start making profits on daily basis. |
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Can anyone suggest me some ways to earn 0.5btc in one month online...i know it is not possible with faucets..is there any other way
Freelancing is one of the best way to earn like that and also joining in designing of signature codes you can search for it on services thread and it will show there you can earn estimate 1 bitcoin if you win all the competition and i know its hard for you to win because lots of people are now tallented. But that can never give a stable earning of 0.5 every month, as there are chances that you may not offer the work and if you get work it will not be on permanent basis. |
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You don't need the others, just buy and hold BTC. But remember, it is a very long term investment. It may take 10 years to reach 10k$. It may never reach to that price too. You should be ready for everything. That's why instead of going all in, you need to put a percentage of your wealth into bitcoin.
Yeah and we cannot be sure about the future of altcoins as they can disappear in coming period but we know that bitcoin will not die so easily so its better to put higher amount in bitcoins. |
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In my early days in earning bitcoin worst moment is still in my destiny because I will always scam by ponzi site but I never learned. He he. Bitcoib is a matter of risking your hardwork money to just get your money grow and get more profit but time by time my skills are improving and I can say I can get money now I mean I get profit.
HYIP or ponzi was indeed a major problem or something that is very much in circulation in the bitcoin. And also most beginners use ponzi hyips or alternatively folded duplicate bitcoin, it is certainly very huge risk, because if the affected user is bitcoin who have thought less rational. Most likely he will make bad news and hates bitcoin until whenever people that are pumping money into obvious scams are seriously stupid. these people support them to continue their activities as with their money they can "pay out" new victims to make it look like they are legit. it's basically you destroying your own capital... Exactly but I think people who are new to the industry are not aware about the scams happening around and that is the reason they get attracted towards and put their money in those sites. |
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Yes, I have lost bitcoins few times in past. Mainly I lost in my initial days of trading, when I was not fully aware how the game works. Another one time, I lost because of p2p loans where people scammed the entire investor group.
These are the two ways I was lost some bitcoins. But I have now well recovered those losses and I have stopped taking too much risk to minimize my losses.
Somewhere somehow we all have lost our coins, I have lost many times in gambling as I was addicted to it, but after doing all calculations I came to an conclusion that its better to stay away from gambling. |
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Bitcoin can disappear?
And if bitcoin is a scam, what will happen in world?
People will panic?
Yeah Bitcoin can disappear in the future but that means that Bitcoin has to be death because it is not going to disappear without a reason. Maybe it is going to be taken over by a bank or something. Yeah there is possibility that in future banks introduce their own coin and if that happens then I am sure that many people will start using it as it will be holding support from banks and the Government. |
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If you give me ten bitcoins I would invest eighty percent of it in a really good revshare I am in but don't have many adpackages and also would use the rest to put all my relatives and friends in Giftobit because it will change the world I think and help many poor people.
Would never do this, I think it would be to risky but of course its your own choice, I think that its not smart, I would simply just hold the amount for a while. I think that is way better than invest it in something directly. All the investments are risky and the level of risk even gets higher when it comes to invest bitcoin in any online program, so its better to hold them or sell them when we see higher price and invest that money in any physical product. |
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No, buying bitcoin is currently not in my option. I would rather earn Btc rather than buying one. Because I consider the danger of buying btc with fiat as a risky thing. As cyrptocurrency price changes quickly compared to fiat money. Like when I buy BTC with a higher USD price and spending more. I could have save money from buying it at a cheaper price. So it is better safe than sorry for me.
It is just the same to me. If you are earning bitcoin, then you are just investing your time in it. If you buy, you invest your money. Both are important. It is true that bitcoin prices fluctuate and that you can buy at a lower or higher price, but if you are for bitcoin investment, then the price now does not matter because in the future it can be higher. But if for spending, then it is important to buy on dips. but i think the bitcoin price play important role, if you are buying bitcoin in a low price then you can make a good profit and will not be so worry about your investment but if you are going to buy bitcoin in a high price then you can make a little profit from it and is also too much risky to buy bitcoin in high price. Can you tell us what is the high and low price in bitcoin? At a moment price is $612 so shall we consider it as high price or low price? If you want to hold if for a long term then any price is a good price to buy. |
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I don't have an opportunity to spend my coins on real life, it's not popular here, in my country, so just rare online shopping and i hate it.
Its same in most of the countries all around the world that we cant use bitcoin offline is stores,local shops or mall but you can still use bitcoin to buy almost every thing online nowdays.I used to buy alot of stuff online with the bitcoins so its also a way of using bitcoins in the real world. Either spend it online or offline, the main purpose is to spend our coins to make it a stronger currency in future, and now we also have an option to convert it to fiat or use bitcoin debit card. I am pushing that too with my colleagues they just let their bitcoin rot in their wallets. They say it will grow. Yes I know that it will grow but if all of us will be like that then how could it move. Economy might get bad. Yeah and the number of coins will not grow only by holding, yes they can make higher profits if price goes higher but its always good to spend them and rotate the coins to help the bitcoin economy. Even if we hold, I think there are still many users of bitcoin who are willing to spend and their action alone will already help the economy of bitcoin, if they are not helping we will not see the price of bitcoin increasing, i think that is the only proof that more and spend than those who hold. I don't think most of the users are holding their coins, as majority of users are spending them on gambling sites to make quick money, very few would be making profits but at least they are helping bitcoin economy by spending them. |
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Banks are the strongest financial institutions we have at a moment and comparatively the size of bitcoin is too small and the fact is people have more faith in banks and its difficult to change their mentality.
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21 bitcoins are allot o fmoney my friend if you want to make money with it just start trading to make them even more is you have that lot sell some for money and keep trading further with the rest.
Before selling them you should try it in trading to make profits and once you make profits then withdraw that profit and convert it to fiat and keep on trading with initial investment. |
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I have no bitcoins saved, just wasted everything on my new laptop, i believe it was not bad idea and i will not see bitcoin's price $700 tomorrow.
Buying a laptop is not an waste of money, but its an good investment to make as it will give you good returns in future as with laptop you can work online and can earn money in multiple ways. |
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