This is not the perfect time to sell everything, as price is not too high at a moment and even if it goes higher I will never prefer to sell all my coins, I will surely hold some of them for future.
People should not follow the OP's directions because selling everything can be risky and you can't probably be stable in your finance for years. I would never risk so much money by selling everything and investing them in bitcoin because nobody guarantees that bitcoin price will increase and we can make profit. Exactly there is no guarantee that we will make profits with bitcoin in future as no one knows how long bitcoin will be alive and even if stays, not sure whether price will be higher or lower. |
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Are you inspired by those bitcoin millionaires? Are you thinking of filing a resignation letter on your day job (if you have any) and focus on bitcoin instead?
Me? I do have a day job and I consider bitcoin as my side job. I don't want to lose that another source of income just because bitcoin is awesome.
I don't have any day job but even if i had i wouldn't leave it for going full time bitcoin because i don't have any special skills that i can use for earning some goods bitcoins nor i have a good enough capital to earn enough bitcoins a week for myself. If you spend time here then you will find many ways to earn bitcoins, and when it comes to skills it can always be learned but even though its good to keep bitcoin as an extra income. Yes here on bitcointalk we can find many opportunities to earn bitcoins or even some other altcoins as well and also can earn money by providing different services like web designing or article writing.But still i don't think they can provide full time income or depending on full time income on this will not be a good idea.This should only be considered as extra income. Trading can give you full time and regular income if you have good capital to invest at initial stage, and if you trade altcoins then your profits will be even higher. True. That is the advantage of people who have big capital because even if there is only one or two decimal increase of the altcoins they bought, they can still have huge amount of profit when they sell it due to the number of altcoins they have compared to just small amount of capital where even if you have 10% - 100% increase you won't feel the profit because of the low volume. If you have high capital then even small fluctuations will give you higher profits and you will feel it in your wallet, but if you invest low then profits will be lower. |
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Probably will not be used by everyone in 2022, there are still many people resistant to innovations and new technologies, that's one of the reasons why they will not use it very soon.
Yeah there are many people who will prefer to use paper money even if bitcoin price goes higher, so its hard to believe that it will be used by everyone till that time. |
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My biggest problem is currently low price, but its better than great swings. Bitcoin should work on bigger blocks coz its needed in near future but devs works on it so everything should be ok  Are you waiting for the bitcoin to going decrease the price so that you can buy more bitcoin to use and you can wait until the bitcoin price will increase again well it gonna take long waiting to that happen because if many investors are going to quit well that probably gonna happen but many investors are using bitcoin now and bitcoin are becoming famous. I don't think that price will fall in next few weeks, as price is stable and I think it will remain stable in coming days too, and even if it falls it won't go below $500. |
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There's no easy way to make a lot of money/bitcoin. You can try what I do and lend and trade to gain bitcoin. It is very time consuming and takes a long time, but I do see some gains from it.
Yes its not easy to double your coins, it will take long time and sometimes luck will also play an important role in making good profits, as in trading you also need luck to make profits. |
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Yes I am buying at a moment as I feel price is low and it can go higher in future allowing me to make some really good profits from it so its good to buy some coins right now.
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Well, the first time when I saw Bitcoin was also when I was searching for a new graphic card for gaming. I saw this video on Youtube about mining with GPU's and I was hooked in, but the first time I dealt with Bitcoin was when a guy told me about it at a friends Birthday party. I thought the guy was a bit of a Geek, but today this guy is super wealthy, because he got in very early.  And sometimes I feel that I missed the boat in the past if I would have not ignored bitcoin when I first heard in 2010 then I would be living some different life today. |
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I think that I would accept part of it in BTC. We certainly need to start to doing this, to encourage more people use it as well.
No company will pay you in parts, either accept full salary in bitcoins or in fiat, choice is yours but at a moment its risky to accept in bitcoin as price is not too high and it may even fall in coming months. |
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There are many method to earn money with bitcoin but it is very hard to gain profit in every method you need to insert more effort and patience because earning in bitcoin is very boring thing but if you badly needed a money you do not feel the boredom.
Who says earning bitcoins is a boring thing? I was never board when i was surfing the forum and just replying to the posts of people i wanted to say something about, or when looking at the charts in a altcoin market for buying and selling altcoins, these things never got be bored, now if you will sit infront of your computer and claim faucets all the day you would probably get bored. That is true that some method will get you bored and most of the method will makes you entertained like gambling and trading and also playing games with earning in bitcoin. We should do something to make us entertain and to continue using bitcoin. you are right, it is always good to have as much variety as possible in your work i think, and in this way you can make some good money if the methods are good paid Work on those things in which you have knowledge and you hold expertise, if you follow the same you will never get bored in working, in fact you will enjoy your work. |
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I hold most of my bitcoin. I think it's better to save bitcoin for future because I believe bitcoin price will rise up. But, I also spend some of it to buy mobile load, internet quota, and steam games.
well if you are going to hold your bitcoin that long then when do you have plan to invest it because you are wasting time to grow your bitcoin there's a lot of ways so that you can grow bitcoin even if it slow earning well if you are going to wait until the bitcoin price will rise up then thats going to take long . Yeah holding bitcoins is safe but it will not give you higher profits in future but if you try to grow them then you can make good profits in future. You are right that holding of bitcoin is very safe , i think there is maximum people store their money in bitcoin because bitcoin is very useful currency and its very safest than other currency . Bitcoin is not safe at all, as we don't know how long it will be alive and what will be its price in future, it can also go below or even get replaced by any other crypto currency. |
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To retire your body from work in 20 years you should telll us from which country you are because then it is more easy to say you how much money you ned to retire yourself.I need billions of dollars to retire myself.
Yes it will depend on which country you are living in and what is the cost of living, if you are from 3rd world country then I think even 50 btc will take best care of your retirement. |
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First of all, you have to think of it as money. What you would do with your capital? Save or spend it? Personally, I would hold it, since I truly believe that Bitcoin has a great future.
Good point. If you don't want to hold your btc, you can start trading with very small amounts in order to get an experience thats true, in my opinion trading with small amounts might be really beneficial in order to gain some decent experience with bitcoins from time to time I've been trading with mine and managed to get some good profits so far. There are lots of coins to choose from though so best to decide carefully and research a coin before you buy Yeah proper research and care should be taken before investing into any altcoin as there are number of coins available but we don't know which coin is reliable and survive in long term. |
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i using bitcoin is currency for online shopping because bitcoin transaction is very fastest and bitcoin transaction fees is very much lower and sometime i feel my money secure and safe in bitcoin than bank account and i feel so good when i use it for online shopping.
I find the opposite to be true - but I was never a victim of bank fraud, and all money in a bank is guarenteed by the government furthermore bank transaction fees are 0 and very fast over here in the UK Yeah banks are providing so many attractive features to its customers at a moment and it has been the most safest place to store your money, while in bitcoin there is a risk of coins getting hacked. |
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I had in total that amount in btc in the last week but lost it all due to gambling it at the blackjack table.  I could be the unluckiest guy alive at BJ. You lost 21 btc in gambling? Oh man that's insane and to be honest you are really the most unluckiest guy I have ever seen not only because you lost in gambling but also you missed the chance to get rich in future. |
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THE PRICE IS TOO DAMN HIGH
Price is not that high at a moment, its still affordable to make an investment but if you will see price after next 5 years then it will be beyond our imagination and at that time it will be difficult to buy bitcoins. |
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I think yes I have a chance of making 21 btc. I know 21 btc is a lot. I know bitcoin last 1 year. And in 1 year I learn many thing about bitcoin.Already I am earning a decent amount using bitcoin. I am earning by signature campaign, Twitter campaign, simple task and also trading. I think if all goes nicely I will make 21 btc for sure.
just by signature and twitter campaign and so one you will have a very hard time to make it to 21 bitcoin. and keep in mind that most of us expect the bitcoin price to rise in the future, which makes it even harder to reach that goal. Yeah its very hard to achieve 21 btc only from signature campaign as it will take really long time and may be he will never make it there, its better to invest earnings from signature campaign in trading to reach there quickly. If you invest in some Altcoin and luck is on your side,you can hit that miracle mark of 21 btc Exactly but you need to take high level of risk for doing that and you also need to get favor from luck and if it clicks in a right way then you can achieve that milestone of 21 btc. |
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I rarely use Bitcoin for purchases, but when I use it is for online shopping, and sometimes to buy games (even more rarely). The fact that the Steam service is offering the option to use Bitcoins, it will certainly attract more customers.
You ae right, it is really attracting the customers from all of the world as bitcoin is a worldwide currency and there is no any limitation by country in this currency so like steam, if any of the company will adopt it, they will get accessed by all of the world. Yes and even if customers are not using bitcoins they will come to know that there is something called bitcoin by which they can make a purchase and that will make them to start researching for bitcoins. |
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i spend my bitcoins on sports betting or gambling website. sometimes i do a little trade. i don't have much for saving
Maybe if they get a little bitcoin better to focus on trade and investment in order to benefit more. Because if you use to gamble it would be very unfortunate and we certainly did not benefit. If you spend your coins in gambling you would probably not have anything to save, just do trading and save the profits you gain from there but don't gamble them all because that wont earn you anything in coming time. you are right, in my opinion it is impossible to make any money with gambling because you would lose everything you already have In replace of gambling I will suggest for trade as it also give a pleasure when we do trade and there we do not face any lose if we will have a good knowledge and skills. That's right trading is better then gambling as it is not dependent only on luck, so if you have good skills and knowledge then you can expect some profits from it. |
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Yes of course mate it is good to buy right now because in this comming month i am sure that bitcoin will increase the price before the year 2016 end and before you are going to invest or risk your money make sure that your website your investment is legit and legal cloud mining website
very agree, BTC is very well investment. i think you must but a lot of BTC not just only 1 BTC Definitely 1 bitcoin is going to be a good investment at all. So, if you want to have a good long term investment for me 1 bitcoin is not going to be enough at all. And it is going to be better if you are going to add up some amount in it. I am only thinking about the long term investment by just holding it for a long time and with trading. 1 Bitcoin is a good start but you can increase that amount in a monthly basis, you just have to focus on savings and investment so you can accumulate and save a considerable amount of bitcoin in the future, who knows you might be rich when we see a great increase of bitcoin price in the future. Saving 1 btc will not make you rich in future if you have 1 btc then its a great amount to invest in trading where you can always take 1 btc to higher level in future. |
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I spend my bitcoins when I have enought to buy it, buying bitcoins is actually not that great, because you can't earn that much. Better yo just hold in at wait until the price is going up.
Are you contradicting yourself? I dont really understand where your sentences are going. It is like you are fighting yourself or you just made a typo error? You spend it when you have enough to buy it? Ergh?  That is true it is hard to understand what he is saying, but i think he's point is when he have enough bitcoin then he will spend it, and he do not like to buy because he see that we can not earn great profit due to high value of bitcoin at this time. Yeah current price can be higher to many users and not affordable to buy, but you can buy it in small parts and no need to buy full btc, and if not then you can always earn it in different ways. |
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