For me i think it is good to invest in trading than in mining site because as of now we should not trust in mining site which are offering good return of investment that not makes it happen or you can not gain that offers.
Investing in trading is better then mining, as mining sites never promises profits in long run as we are not sure that how reliable that site is and how long it will operate. that's correct trading is the best ways but if you can also do some staking or to buy cheaper alts then stake it inside your wallet you already earning from it just by opening your computer, most of new alt that has been created been designed to staking so earning while waiting for the price to move up. There are many good altcoins available at a moment, so if we choose the best coins then we can make some good profits from it in quick time but we need to make sure that we don't hold them for a long time. |
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yes I sure can. bitcoin now it's been used by many people. Distribution of the use of bitcoin has also been widely. I believe some future time bitcoin will be used every day with a variety of financial transactions.
yes and i think that now bitcion has become an important part of our daily life. there are some people who are using bitcoin as fiat currency. they are using it for buying daily need stuff in shopping centers. Yeah but in which country is that because in alot of countries I've visited it was nowhere accepted to pay with, and I'd really love to buy groceries and daily stuff with bitcoin obviously. I've heard something about a bitcoin debit card and I wonder if it automaticly converts to fiat when paying or how it works, maybe I should check that out. Even if I am able to buy daily stuff with bitcoins still I will not prefer to spend them, I will continue with fiat and keep my coins for the future to get higher benefits when price goes higher. |
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Bitcoin doubling and cloud mining (Hash ocean) was my worst decision because I can see the warning almost every where, shouting Hash ocean is a scam but the reward was too attractive not to give it a try. I glad I'm not completely burnt because that could have ended my experiment with Bitcoin
This is the main problem of everything. You know that it is a scam, but you still support them to continue their practises to scam other people. If you don't feed them, then they will slowly dry out. Let it be a lesson for you and others. Exactly, people keep on entertaining those sites even after knowing that there is no guarantee that they will be making profits from it and those sites keeps on operating and scamming people. The only thing that HashOcean got more than a year because of its low interest rate at the same time the number of members that believed in it and promoted it online. A perfect recipe that let HashOcean lived long. But yes you really need to background check everything in the internet so that you wouldn't be fooled. Its difficult to check the background of any site that is operating online as we can never come to any perfect conclusion that whether its an genuine or a fake site. that is true but also you can come to some sort of conclusion, for example you can weight the options or pros and cons and then decide. i have seen so many people who just go in with their money without even searching about the site's history to see if it is fake or not. Most of the people are putting their money in those sites blindly hoping that they will make profits in quick time, but generally they forget the fact is that there is nothing like quick money. |
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It could be sent mistakenly from someone. Most likely the one you have a transaction before since maybe he still have your bitcoin address.
It never happened to me and would like that to happen. I just hope that no one would ask me to give it back. But if ever they message me then I will just sent it back to them since it is not really mine. But that would be an amazing thing to happen but that would be so rare.
I do not think that someone will message you to sent it back to them. It is totally impossible as he only knows the bitcoin address not your email address. But in case that it is your friend or someone you have transacted before then it could be possible. We all wanted to happen that to us with a good amount of bitcoin. If that happens then it must be pure luck.  Yeah it would be great to receive a amount of bitcoins for free without doing anything, so far I haven't received a single penny in charity and even in future I don't think its possible. |
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I treat bitcoin as if it is gold. I trust and believe that the price will stay steady and if anything will go up in price. I have already made so much money just holding onto bitcoin, I can’t see any reason not to own bitcoin, even if it is a small amount.
That is the way to do it, bitcoin is the gold in the new era, it is a digital currency that is going be precious in the future. People believe that investing in the future of bitcoin will give them fortune so it is really something special despite the risk we still push through on what we believe. Because bitcoin is a great investment which will gives to the users great income in the future and correct that continuous believing will helps the life of bitcoin would go long lasting and it will be more popular in the future. That's true bitcoin is the best investment for the future and you can also earn it from various ways which can be used in online shopping, online transfers and also for trading. |
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Hello !
I still Shocked after Hashocean Scam , I dont Trust the Mining anymore !
I whant know other ways to exploit and invest the Bictcoin without mining
or best thing for some one how dont have long time to work in his PC to earn BTC ?
Well the best way for me so far has been trading in alt coins.. All these new alt coins are coming and going if you choose the right time and am out to invest you can get nice profit out of it. But one thing I have learned is not not keep alt coins for long as soon as the price rises sell them back for btc. It will be a worst decision to hold altcoins for a long term as you never know when it will disappear, so whenever its allowing you to make profits, simply sell them off and move on. |
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I will make that 10 bitcoins growth by invest it and deposit it into trading and gambling. I'm sure i can grow that 10 bitcoins and i will give you back 10 bitcoins when i success.
With 10 bitcoin I'd think I'd play it safe and store 8. While 8 are stored and growing in value I'd have 2 left to play with. With the remaining 2 I would probably start trading and growing that. Whenever the 2 reaches 4 from trading I'd bank 2 again and repeat the cycle. If i'd lose the 2 then I'd stop trading. Need to set limits for yourself. For me it is good to put it into trading and avoid gambling because it much profitable the trading method than gambling most of the time you will lose and you will be greedy to get your money and you are continue loosing in gambling. Isn't trading the same thing as gambling?: 1. The more profit you want to have the more you should risk for that. 2. You never know what outcome will be, no one can tell you with 100% certainty about the near future of any altcoin. No trading is not same as gambling if you have good knowledge and skills to perform the trades, gambling is totally based on luck and no strategy can help you in making profits in it. |
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You should not invest!
In bitcoinland "investing" is pretty much the same as losing your coins.
just keep the bitcoin. After a few years, you will find it is the right decision. I think keeping it all in the wallet for few years is not a good decision. A wise person will do trading with it and by the end of a 5 to 6 years he could have doubled the investment from 12 to 24 BTC maybe. I agree, it would evem be tripled or more if you do trading with 12 bitcoin rather than keeping it in a wallet for few years. If you are afraid of losing it then you can divide it into half or just some percentage of your bitcoin to do trading. If you feel that you are confident on what you are doing then make it bigger to earn big profits also. That is the perfect way to treat your coins as 12 btc is a very good capital to start with in trading, and with good knowledge and luck you can expect best returns in future. |
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You have a point gold could be hidden to make it safe but its unlike bitcoin that you could store it in many place like online or hardware wallet or even in you pc. Digital currency and a Precious mineral cant be really compared since it has many advantages and disadvantages among the two.
It is ridiculous to see this actually. You are comparing gold to bitcoin when what you are comparing is actually the advantages of bitcoin over gold. Admit it there is nothing that gold has that is much better than bitcoin except for its stable price and apart from that there is none already Bitcoin is more stable in terms of investment for now, because it is widely accepted and ordinary people would prefer to have gold instead of a thousand bitcoin, that is how gold had already enter into our economy and we have trust it so much, only us who sees the benefits of bitcoin but we cannot ascertain the future still unlike the gold. Bitcoin can be stable at a moment but we cannot expect the same in future, it may fall to extreme level and if it does then it will be a huge loss for us, but with gold you can expect some good returns in long term. |
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How to earn money with bitcoin ?
There are several ways: 1. You can just buy Bitcoin and hold it until the price increases to the level which you consider sufficient to profit from selling. (HINT: Do not sell in case the price goes down, just wait a bit, you'll be fine). 2. You can do some services: photoshop, coding, promoting etc. and earn Bitcoins this way. 3. You can trade (which I don't recommend) and you can gamble (which I recommend even less than trading). 4. You can invest in a Cloud mining (which with 99% certainty will make you lose your money or at least part of it, so I don't recommend this either). ... The list above is not full of course but those are ways which generally come to mind. Above are the most used options to gather more bitcoin. Although II would never advice anyone to spend money on cloud mining, this for obvious reasons... If you are a starter (newbie) it's good to try to learn a skill, writing, webdesign or trading. This options are the best ways to gather more and more bitcoin. If you stick with give aways or captcha typing, faucets etc. Your bitcoin amount will not really grow. Yes faucets and captcha solving will definitely waste your time and the fact is it will never add value to your knowledge, so better option is to start working on signature campaign as if you are active in it you will be aware about the latest trends of market. |
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I am using it in both ways, as whenever I am in need of money then I sell my coins and convert it to fiat currency and if not then prefer to keep them safe in my wallet for future.
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I would buy a large chunk of bitcoin then. I am sure the price will skyrocket once again and I will be able to sell it and become another millionaire. That does seem like a dream. However I dont think that will happen anytime soon, no other altcoin can still compete with it, yet.
Well this is what I am going to do to. I will going to buy a lot of it and maybe I will going to use some of my savings just to buy a lot of it. Because I get inspired every time I am reading their story. So I will going to believe and just do the same with them and hoping to get good profit in the end. If price goes to bottom in future then everyone will prefer to buy maximum coins, but you need to make sure that you don't put all your money in it as you never know whether it will go higher or even go lower in future. |
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I would like to suggest you to go for XMR and ETC at a moment as both are performing really well, and you can expect even daily profits from both of them.
Just voted about your answer because i have a same think with you about monero and etc in this time. +1 Yeah both are the hot coins at a moment and majority of users are investing their money in it, and price has gone down in past few days so I think this is the best time to invest in both of them. |
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My worst mistake was gambling away 0.4 Bitcoin on dice. Not near as bad as yours OP. But it is still a loss and I was pretty unhappy when I lost it.
I understand mate, its a really worst feeling to loose money in gambling, even I have lost more then 1 btc in gambling as I was greedy and was looking for quick money, but unfortunately that never happened. |
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there are few cafes shops in the uk thats accepts coin and i somehow spend some have you your experience ? and how did you feel? when i was sending coin peoplein the cafe was looking at me and asked me about it truly i feelt like im .... hurraaaaaaaa
For now I don't spend my bitcoin, it stay still in my wallet simply because I thought it just for future saving when I need something to buy or else for my wedding expenses, haha Many users are not spending and saving their coins for the future as its an investment for them as everyone is hoping to see higher price in future so that they can make good profits from it. |
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I will accept bitcoin partially as my salary cause it makes it easier for me. Right now I already convert part of my salary to bitcoin so why not have that automated right.
Better to do part then full because days like these it's dropping quite hard and we have to be careful where we put our money.
Good, it is really good to know about you convert your salary into bitcoin, actually its suit you, thats why you convert it, and if it is not comfort for you than you never want to do it, so that a problem for us, you know that mostly countries have a problem that they can't use the bitcoin in anywhere, also if i am not agree with it, because i can't use the bitcoin in anywhere. Yeah and we can afford to accept salary in bitcoins if price gets stable or we are able to spend it directly to buy anything, unless that doesn't happen there is no point in accepting salary in bitcoins. |
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Bottom line is that we need both for now since
1. Most people aren't into bitcoin yet. Most usually transact with a bank since it's familiar for them
2. Banks have features and guarantees that are not present in Bitcoin (e.g. tx reversal in case of error, insurance, etc.)
Exactly, our money is safe in banks as even if our account gets hacked or is there any mistake from bank's side then they will help us in recovering our money, but if bitcoins are lost then they are gone forever. |
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Best way for steady income is to have a steady job bitcoin can not really create a save enviromenet for you yet to have a stable income.
You can try trading but it is not steady but it can be very effective though.
If you have good paying stable job and if you combine that income with trading then you don't need to do anything else, job will give you steady income and trading can give you huge money in quick time if trade goes right for you. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Yes its going to impact the bitcoin price, bitcoin is depend on the demand and supply chain, if the supply suddenly increase its going to cause the price to go down, and if a lot of user do this bitcoin can become worthless, so panic buying is dangerous for bitcoin price well. if lots of people start selling their coins then lots of people will start buying them. so there is nothing big issue about seling bitcoin. the chain will be always balanced. if there won't be any buyer then no one can sell their coins. Yeah even if people gets panic and start selling their coins then there will be many people who will be willing to buy at lower price so basically bitcoin will always be in demand. |
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They always say that there is no better time to invest than today. And I might say that bitcoin is very promising in terms of investment. So I guess, you better invest now. Better late than never.
Yeah if you believe in bitcoins that it will hold higher price in future then its good time to buy 1 btc at this stage as you can definitely get best returns on your investment. |
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