Saving money at bank is a bad idea due to the inflation.
Either invest in bitcoin or for example a company.
Yes if you are talking about fiat and cash, saving the money at bank couldn't being a good idea. But if you can convert it into bitcoins and hold it till the next halving at least that's could being profitable. If halving promises holds true, then it is a good way to make your money grow. But if the price stays the same, It could be very hard to make the money grow since the price is not moving that much. |
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I'm planting my seeds to create the opportunity to live almost fully on BTC in the years to come and I really hope this could be a reality soon so that I could become the employer of myself...  That's need good investment with a big budget to start with, however it could be successful just if you choose carefully where and how to invest your coins . Just wanting to invest is different than seriously investing. Just before you invest on anything, do the things that needs to be done, like studying the company firsts. Doing research if it is really profitable. You don't want to plant seeds on unfertile soil. Instead of getting profit, you'll get regrets if you don't do it wisely and diligently. |
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I will prefer to teach them once, I will never keep on forcing them to adapt bitcoin, if they don't want its their choice I really don't have time to keep on running behind them why would I waste my time and energy behind them.
Exactly, because not everything is meant for everyone. Some people are interested in PayPal. Some are interested in other stuff, etc etc. We can't all occupy the same way to pay for things anyway. It's just not possible. It's like asking a guy in the US to pay for things with China money. He can't do it. Im kinda neutral with this if you teach him once i think they cannot sink in to their minds easily on what you are teaching because bitcoin is not known by our relatives or neighboors that not techie. I must say i teach them as long as they have question feel free to ask if they need help. But mostly i teach newbies with youtube videos as well as joining them to bitcoin grouo where they can get more idea about bitcoin. YouTube videos? Mind messaging me some of the videos? Not only youtube video, but also we require to teach them verbally about the coins Yup, it is better if you can share your personal experience with bitcoin, atleast what you share is first hand. Maybe the more personal you get in sharing bitcoin, the better. |
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If you want to get rich with Bitcoins ,its just like " slow and study win the race" ,
if you have alot of bitcoins than you should invest it and also used Halving than it will be helpful to get rich.
on the other hand if you are all depend on bitcoions to get rich i realize it is a long way.
Unless you are an exceptional trader, then it would not be that hard. If you can profit in the ups and downs of bitcoin, there is no stopping you in earning as much as you want. And eventually get rich. Whether bitcoin or not, if you know how to do it, then you'll be.reach. |
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I would consider to do both ways because with saving money you could later buy more bitcoins again, if you do this again and again you will gain more bitcoins and also more profit at the end of this journey if you sell them.
There is a good chance the halving will let is make profit so investing is priority number one right now.
I really wish that prices increase but I am not sure we can say prices will increase soon. So you may need to be more careful about this. The idea is risky. To be honest, it is not known what will happen to Bitcoin for 5-10 years. You are right. Investing in bitcoin is risky and no one can tell what will bitcoin be 5-10 years from.now. but if you believe in bitcoin and.the.growth it has shown, you'll be willing to take that risk and invest in bitcoin. |
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I do both.
Half of my money goes to investments, and rest of my money is for savings.
This way I feel it's the best for me.
Yes, right. I also do both. but I think the people will do both, because if puts all money in investment its very high risks. and put all money in saving is not a wise decision. do both is a safe choice that people usually do, but lots of people like to take risk and put all of their money, even loan more to invest. Not in our country. Not everyone here has a savings account. Mostly they live by what they earn in a day. So, if they have to choose savings or.investment, they'll refuse both. They have to eat first before they even think of saving. |
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Not the smart thing to quit your stable job for bitcoin, as I think its very risky to do, I am earning good from it but I cannot depend on it forever.
If you are not earning better in bitcoin than your regular job or day job, then it is better not to quit and do bitcoin as a side job. It is better that way. You will be keeping them both and earning twice more. |
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Everyone on this board is going to sell. Price will drop
yeah when prices rose towards $ 440 but will be a lot of people sell their bitcoin simultaneously. so now priced at around $ 429. I hope there are a lot of people who would buy now I am waiting for the price to drop below 400 before I buy bitcoin. That way, I can have profit when it goes back to 420+. I think the steady price is 420+. So if the price drops, it will be automatic income if it goes back up. |
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First of all about bicoins.how it works .then teach them someting like faucets as starters ..that is sa basic or go on this forum then to rank up and join on a campaign ads to earn.
If the person is earning a decent income on his day job, he will not be interested to do those things. They are too small. That will only work for people who are already working online and need extra income. |
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Voted above 500 just because I think it is the ideal price for bitcoin after halving. If it sustains the price then well and good. If not, I can still hold and see if next year it will be a better price.
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Loaning bitcoin is a good business if you know the person you gave the loan and they are going to pay plus the interest. Otherwise, there should be collateral so you can recover if the person did not pay back what he owns.
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I always buy some bitcoins because price can raise any day
That is true. Especially now that the halving is very near, the price will soon rise up high. We do not know how much it can go high but we are.positive that it will go up. Just hoping the hike is high enough to justify your investments. |
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bitcoin is really volatile.. so i would say : invest in bitcoin not more than you can lost ...  Bitcoin is trusted to put real fiat money!! I prefer not large amount of money to be put very small amount will benefit you as even if there arises certain bans it won't affect you much as you have invested or put small amount. what is the evidence or proof that bitcoin is trusted? bitcoin has a very high fluctuation dude bitcoin could have died or price drops very quickly at any time? it may happen right so keep alert for bitcoin. I can not call bitcoin secure or trusted The price is already stabilizing. Not so many fluctuations lately. And you can now notice that the number of bitcoin users are.growing rapidly. So I can say that bitcoin is much more trusted now than before. |
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I would love to invest my money in bitcoin at a moment as I don't see any other better product then bitcoin to invest my money, I am saving few and investing more.
Everyone are keen in investing, but before investing find the proper site and move forward with your hardly earned bitcoins. Only then its a good investment. Yeah there are many ponzi sites around that can scam you and run away with your bicoins, so you need to do a great research before investing your bitcoin. It is a must to research the company you want to invest in before you hand your money to them. It is not just in bitcoin. If you do not do your homework, you are at high risk of investing into a scam. Always be aware of those high yield investment in short period of time. Most of them as.scams or.ponzi. |
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You don't need to teach anyone about bitcoins, just give them some bitcoins and they will learn. At least that's how I learned about BTC  Well in a bunch of cases this isn't true, besides if you're just giving a couple of satoshis I don't think they'd be interested. They will just be annoyed of it actually if you just give a few satoshis. A few satoshis have no actual value to them. It is better if you give 1 bitcoin and let them exchange it to fiat. I am sure their interest to bitcoin will light up. |
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you can save money every month with Keep track of your spending maybe for help you can use credit card for checking what you've purchased.
If you have a habit of purchasing with credit card then it will increase your expenses, as you know that you don't have to pay at a moment that will make you to purchase unwanted things too. Then cut your credit card so you will not be tempted to make unnecessary expenses. And if you have a previous debt, pay it at once. The interest from those.debts will not help you save money. It will just get all the money you have paying the interest. |
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I don't have any plan to get rich with it, as I am having a good job and I have all retirement plans with fiat, I will keep on earning bitcoin till it is alive.
I think people who want to get rich must have a good plan. ride it written or not. so that you have a purpose and that appropriate steps when working if you continue to collect bitcoin without a plan. it was like aimless. You don't get rich just doing nothing. To get rich either fiat or bitcoin, you need to work hard. You are right, if you have a plan to get rich, then.follow it till the end. Even if it gets hard, do everything to follow your plan. If you do, you'll be rich soon enough. |
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Saving and investment is an integral part of wise money management.One should save at least 20% of his earnings for future and if possible invest 10% in some good business opportunity.Bitcoin is certainly one of them
I do 15% of my salary invested in bitcoin and another 15% savings for future needs and i feel it was my best to manage money, try this. The most important to manage your money is to stick to the rules , don't stop in the middle. Keep it up until the end of plan. But it is the hard part, sticking to the plan til the end. Sometimes you earn so much you get tempted to use the money. Or sometimes you get tired of saving. You need to have the discipline to pursue your plan so you can manage your money properly. |
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What do you mean by a bitcoin full time job ? If you mean trading so my answer is no because trading is risky and one should have another source of income.
If you mean to create a bitcoin project, it depends on the idea if it good and will go viral or not
It means you rely on bitcoin alone to to finance your daily needs. It does not have to be from trading. The income can come from any thing that involves bitcoin. If you do not have a steady income from bitcoin, then it really is risky. But if you do, it can be a good.substitute to your day job. |
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Yes i m holding my Bitcoin for increase it. But i know only one way to increase bitcoins, it is Halving, so i m waiting Halving.
In my opinion Halving is the best way to increase you Bitcoins.
You should not have put all your eggs in one basket. It doesn't mean that the price will drastically increase when Halving occurs. There is a lot of other option to increase your Bitcoin, and halving is not the only option TBH. Halving may just increase the value of your bitcoin. It is better if you can add more bitcoin to your wallet so when that happens, you'll have more profit. You can do that by trading or just working for bitcoin while waiting for halving to happen. If you just wait for it, your coins are just being idle. They can be use to profit you more. |
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