Xapo is a web-based wallet system, so alls you need to access it is a web browser and Internet connection. Xapo is known for having reasonably advanced privacy and security features, especially for a web-based wallet. The company supports payments through a debit card system, making it easy to spend your Bitcoins. The app is also friendly for newbies, so if you’re new to Bitcoin, give Xapo a close look.
It does not matter how advance your defense system is there are always ways to get around it, there are hacks to exchanges every once in a while, so an online wallet cannot be considered to be very safe. |
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I would like to pay my bills with bitcoin since that will mean the states recognize bitcoin as a valid currency and it would mean bitcoin be widely adopted.
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I recently was browsing through some bitcoin services and I noticed some scammy practices. Some of fraudulent sites I checked had nice "About Us" section.
They posted names and pictures of the their staff and short description. I smelled something fishy is going on there and after brief search I found the pictures of 'their staff' used on other sites as well.
Details, such as position and name were changed of course.
Well done, if people took the time to research and analyze the websites where they are going to invest then we will see less scams but they get blinded by greed That is not just by taking time but it is a responsibility of an investor to check every websites history and everything about it. Because that is an easy thing to find out when a site tries to scam you. When you can see that they have a ponzi scheme and obviously asking you to invest just to get some percentage profit in return without giving you some products then that's scam. Also you can check the site on https://who.is/ to check the name of the owner, if it was disabled, just don't invest... If you can check the name of the owner, you can find more info about the guy however it don't will tell to you if he's trying to scam your or not. I don't think the fact a name does not appear in such a website changes a lot since you can pay a small fee when you register your domain to keep your information private instead you should look for the business name in the country in which is supposed to be incorporated and do a search there. |
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If you don't have any marketable skills, or products and since you don't have money to invest then earning that amount of money is going to be very difficult since the only other ways left are signature campaigns and faucets.
The only way to earn such an amount of bitcoins is either selling products or selling technical services as OP mentioned he does not have anything to invest so there is no other option for him, if he chooses to earn that amount by a signature campaign or faucets he would probably not be able to achieve his target in just 2 months for sure. But if he had the opportunity to do technical job or offer products to the community then he will not need to ask since you can make money with those skills or products almost everywhere, so it is very likely that he cannot do that. |
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I recently was browsing through some bitcoin services and I noticed some scammy practices. Some of fraudulent sites I checked had nice "About Us" section.
They posted names and pictures of the their staff and short description. I smelled something fishy is going on there and after brief search I found the pictures of 'their staff' used on other sites as well.
Details, such as position and name were changed of course.
Well done, if people took the time to research and analyze the websites where they are going to invest then we will see less scams but they get blinded by greed |
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If you don't have any marketable skills, or products and since you don't have money to invest then earning that amount of money is going to be very difficult since the only other ways left are signature campaigns and faucets.
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There is a big problem with the OP picture, bitcoin has always been great, so theres not need to make bitcoin great again at all that is why bitcoin will keep growing and to become even stronger.
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You just sit tight and watch the hidden dynamics of the halving unfold...  This beast taking off in approximately 10 days. it will set that 666$ number for the history books on the charts... Then it will do something stupid and jump $50+ in a short amount of time. 666$ ;DD Long time ago haha, i would like to see it back to 600$ again, i need to buy some... Anyway this is not anything big, im sure we had 666$ many times already I would like to have access to bitcoin that cheap but I don't think we are going to see that price any time soon if ever so it’s better to start accumulating more fiat to buy more bitcoin. |
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Personally I think we are going to reach 1k close to November 2017 but I don't think this is going to be a linear path, we are going to see a raise at the end of this year and then bitcoin would get lower to finally reach that amount.
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using multiple order in multiple market is the best method what i know. for me altcoin trade is best market for make our bitcoin growing, but we must be carefull, some altcoin market can be down more than 50% in 1 day, like zcash look at the price now, i lost arround 0.5 btc  I knew Zcash was going to crash right from the start, it's only useful for day trading, not for long term. ZCASH is just like all other shit coins that get launched. It's just the hype aspect that makes people believe into something that is nothing more than an empty project. Another thing, "day trading" ZCASH can be quite profitable due to its heavy price swings, but if you think that you can day trade it, then you're wrong. It will be gambling because every buy order is just making you hope that the price will go up to a level where you make profit. Gambling is also nothing more than hope. Hoping that you'll get lucky. It is not gambling if you are able to predict the outcome a thing you cannot do in gambling, so if you are any good in trading you can make money unlike gambling. |
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i have never read any books about trading and i do strongly believe that reading a book is not going to help you become successful in trading.
you only need two things that you can only get one of them from books: basic knowledge about how to trade and terminology like what bid, ask, orderbook means and also the most important part is experience and information!
You are contradicting yourself in your own post, you say reading a book is not going to help you become a better trader, and then in the next paragraph you state that you can in fact learn things from the books. |
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Doing signature campaigns is pretty safe to grow your bitcoins and with a good campaign it can be very profitable, what of course is important for us all.
Trading is also a option but the risks are pretty high and you can lose money from it real fast.
Signature campaigns are to EARN bitcoins but what you will do with the bitcoins so earned ? Thats called as growing bitcoins for example you earn bitcoin with signature campaign and then invest them in gambling sites so you are earning bitcoins and growing them too double impact  Really I do not want to grow my bitcoin because bitcoin itself will grow in its value over the time. Growing bitcoin must be risky in my experience so I do not want to take risk for the process of making my bitcoins to grow. Still, I am growing with my total assets by having bitcoin value appreciation. And still I grow my total bitcoin savings by adding more bitcoins regularly. Any investment has risk inherent to it, it is just a matter of how much risk are you willing to take, if you don't want to take any risk and take the longer road that is fine, but some may like to try to take their chances. |
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I use bitcoin mostly for the low fees associated with it, because if you use other payment systems like paypal the fees are very compared to bitcoin.
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Trading. Because the other option is too risky and not smart option to choose.
Trading is risky too, but i have control about my bitcoin not just 'give' my bitcoin to other site.
HYIP, Revshare, cloud mining, mlm, and gambling the best way to loose your bitcoin, not recomendeed.
Trading is good but the best way is to have some successful business related to bitcoin like exchanges and gambling sites, they are probably swimming in bitcoin. Do you think that gaming sites provide the opportunity to earn bitcoin? I wonder whether you have the experience of playing games of chance, and how many have you managed to earn this way. If you honestly, I do not trust gambling, and I am sure that there may be more to lose than to earn. It is very clear if you actually took the time to read my post, I was talking about owning a bitcoin related business, so of course you can make money with a gambling site if you are the owner or an investor. |
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Trading. Because the other option is too risky and not smart option to choose.
Trading is risky too, but i have control about my bitcoin not just 'give' my bitcoin to other site.
HYIP, Revshare, cloud mining, mlm, and gambling the best way to loose your bitcoin, not recomendeed.
Trading is good but the best way is to have some successful business related to bitcoin like exchanges and gambling sites, they are probably swimming in bitcoin. |
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I don't know why this is even a question, the existence of bitcoin itself is good, since it allow us to have complete control over our money without any government able to claim ownership of bitcoin.
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As far as I know a successful trade is a trade where you booked a profit. One of the goal of trading is to buy low and sell high. but meeting this situation is not that easy. You need to be patience, do research and monitor the price movement of your trade. You also need to be updated of certain rumors and news and use it to your advantage.
I think the hard part is getting updated with the right news or rumors. The one that will actually effect the price of the commodity you are trading. If you have good sources of that kind of news, making profit and becoming successful in trading will be easy. That is only one way to trade most traders prefer to also use a mathematical approach and analyze the markets for possible ways to predict what the market will do next and taking advantage of the opportunities that present themselves. |
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The best advice for someone that is new to trading is to way and try to learn as much as possible before you do any trades, since there is a lot more in this world than just buy low and sell high, you need to choose the right exchange, how much you are willing to risk, for how long you want to trade what altcoins you want to trade.
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First you should know the strategies of trading.Then you should begin trading by investing small amounts to gain experience. When you gain experience and confidence, then you can start trading with bigger amounts.
But learning strategies might take long time and many people do not prefer to wait for testing their skill in trading. My suggestion would be anyone can become trader at the point they prefer to do but only in trail accounts. Yes, you are still a trader but with absolutely zero risk. This way we can trade and learn and can have fun too. This is a good suggestion. People will learn how to trade and at the same time having fun. They can also try sparkprofit, a prediction game where you are to predict the trend of certain pairs. Aside from grasping the basic of trading, they will be able to get credits when the trend they predicted is correct and can encash that credit. I know that apps in my phone before i tried sparkprofit i was newbie about trading and how to analyse the prediction before i can not make any good points there.. but it is good way to learn how to predict and study the way how to trade.. maybe this apps will be still useful if you are newbie. for now i am trading in some exchange site and it gives me good profit even it takes a long time to make profit.. It is way better to do your own analysis than to rely on someone else's analysis on the markets since you will gain experience and you will get to understand the markets a lot better this way. |
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Hello,
not sure if all cryptocurrency have same kind of "protection" against this, but im mainly interested in Ethereum and Bitcoin now.
If 20 years old person wan to use BTC and ETH cryptocurrencies to store main part of his/her life savings for next 60 years, how big risk is there the developers of the cryptrocurrency will steal his money or cryptocurrency will "bankrupt" some way so his json wallet key file will become useless?
How the cryptocurrency can be damaged so people loose 60-100% of their money saved there?
I would like to evaluate risks saving money in cryptocurrency for the term of tens of years. Thank You
Investments are not supposed to just be set and forget unless you have someone else checking your investments for you, you must keep track of your investments and how well or bad they are doing a minimum of once every three months and then reevaluate your strategy. |
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