Bitcoins can be a good way to store money but you can also lose allot of money becuase the price of the bitcoin is unstable so the price can drop allot and you will make allot of los.
Precisely. We can say that our money is safe with our bitcoin wallets but we cannot guarantee about the price. Its price is so volatile, no one can predict when and how much its price will be. But bitcoin for me is still the best way to transact online if you want a hassle-free transaction. Risk will always follow bitcoins but don't forget that it can give best profits too if price goes higher in future so I think we can afford to take the risk of investing in bitcoins. |
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My plan is buying and earning some more bitcoins, and when I have more of it, I will certainly start trading. I will try to better understand the market before that, of course.
better you start trading with low capital, if you can manage low capital with highest profit percentage, im sure you can be succes if you trade with bigger capital Yeah its always good to start with a small capital in trading as even if you loose at initial stage it won't affect you financial status and you can always learn from previous mistakes. |
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if you have 12 bitcoin
you much alternative choose investment
you can trading bitcoin pair fiat money, trading altcoin
self mining real mining altcoin and bitcoin, buy ico coin and more
Mining isn't an option anymore for the majority of the people as it requires you to have some sort of a farm in order to gain profit. Or you have to find an altcoin with very low difficulty that you can mine for quite a while, and that later the price gets pumped to insane levels. Mining is not a great option at a moment, I would prefer to invest all 12 btc in different altcoins so even if one coin doesn't work for me I can expect some profits from others. Diversifying your money would be the best way to earn profit without focusing on a single investment only. But still its better to find those most potential coins so that you would be profitable on long term. 12 btc is fairly enough with this kind of investment. Actual mining would also do but it depends on the electricity cost on your country and mining as of day would hardly reach roi since the difficulty is increased as we all know. Yeah mining is not possible for all, as electricity cost can be an major issue in it, but yes if you invest in potential altcoins then you can expect some great profits from it if you invest 12 btc. |
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bitcoin is always rises up in price weher its a small jump or a big one, but me myself consider its a lil bit better to split my investment on alts cos its usually has a better increase, but for a long investment, bitcoin is still better
Bitcoin is the king of crypto and it will never disappear easily but same feeling doesn't go with altcoin as their future is unpredictable and its also risky to invest money in them. Altcoins are a gamble as people are only investing their money in them as they hope for a massive pump that will lift the price to such a level where they get high profits in a very short time. But most of the users are making good profits from it, some of them are investing after doing proper research and some of them investing and testing their luck in it. |
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I have margin lent BTC on magnr and this has worked for me. The annualised interest rate is ~ 2.35% and not that high but it allows you to accrue a little BTC over time. However, at your own risk obviously.
I hope that it pays you in long run and will not run away as others did in the past, for me investing bitcoin is very risky in any site so I prefer either to hold them or trade with them. |
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Currently not buying bitcoins because price is so high. It just went up around $30 over the weekend. Lets hope it subsides a lil bit till price can be handled and i might buy more for trading.
I think even if you buy it at that rate,you can make profit in long run.If you are looking for short term profit then waiting is good option Yeah if your are looking for quick profits then its better to wait for the price drop but if you can afford to hold it for long term then this price can also be considered good to buy. |
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The fact is media will never show the positive sides of bitcoin and we all know that media has never supported bitcoins and that is reason bitcoin hold negative image in people.
Yes and if it does then that would surely clear the bad thoughts of people regarding bitcoin and they will come to know that whatever they have been hearing here and there were just rumors but wasn't true at all. I think people should start researching on their own instead of listening to others and then they will surely come to know that bitcoin is a great technology holding multiple benefits. |
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Yes bitcoin is exactly what you described in the title actually. "A good way to store money".
This is because with bitcoin you could earn a potentially very high interest rate depending on how it goes. But bitcoin have always been profitable so if you know what you are doing you can actively store and make money.
Bitcoin is surely a better choice to save money in compare to saving in fiat as inflation will kill your savings in future but if you have stored your money in bitcoin then you can expect higher amount if price goes higher in future. |
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doubling site investment is only scheme ponzy
you must ready your lost money is join ponzy site
is your growth your money is the best you can use your capital money can trading
if you have skill profit is much high better than good is compare with ponzy site
You need to understand there are a lot of legitimate ways of doubling bitcoins other than ponzi schemes/sites. Here people are discussing about their way of doubling bitcoins in whatever time duration they are needing. It is highly possible because based on the nature of your business/profits you might double your bitcoins at any time, some people may do it in a week and some other people in six months. If time is not a constrain, then almost every people will get the chances to double their bitcoins. The significant factor we need to consider here must be, "how quick you will be able to double your bitcoins". But still it does not mean this thread is dealing with some quick money generating methods. Doubling bitcoin is neither easy nor difficult too, there are many people who are doubling their coins in short term with trading but that is not possible for all as it needs knowledge and expertise. |
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Well it is totally depends on you whether you want to trust bitcoin or not ? But the main reason to trust bitcoin is, there are many people who invested their money in bitcoin and get a good profit and bitcoin is sincere with them that's why they invest more and more money in bitcoin. Which type of trust or surety you want from bitcoin  If we believe in bitcoin, it means you have trust. If you are member here in this forum it means you also have trust into bitcoin too. That's very simple to understand. Meaning I don't believe that you are member here but you don't have trust in bitcoin. Exactly, people who have faith in bitcoins will only prefer to invest their time and money in it and those who don't trust are not part of this forum as simple as that. |
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10 btc makes 6k dollars right now, but if we wait, It can make 20k dollars. So why be greedy and use it now, just store it. If we have to use it right now, buy gold, sell gold, buy bitcoin again. This is the smartest thing to do.
This method is good only when you have lots of money which you dont need to depend on that 10btc that you owned then you could possibly hold those bitcoins for a very long time and dont bother to spent even a single cent with it. Investing on gold would be also a good idea but it need huge capital. Its better to invest in trading instead of gold, as you need to wait longer in gold to make good profits but in trading you can make some profits on daily basis. |
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I will sell all bitcoin I have. I am aware that bitcoin will be the strength of the world economy is very large. bitcoin prices will increase by several times.
Yeah price rise and fall will always be a part of bitcoins but if I ever see the price of $1m then I will not hesitate in selling all my coins as price may crash after that so I can buy some more. |
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now im not have any bitcoin in my wallet, only a few ethereum classsic and im still mining it.
but i think i must save some bit's maybe 0.05/week to paperwallet for my retirement day
Yeah you should start saving mate to take benefits in future, I am earning from signature and trading and I have saved 5 btc till date, but hoping to have more coins in future. |
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Very easy question for answer, when price is low(for you personaly), better to take some bitcoins for investing/gambling/holding whatever.
yeah of course when the situation is right to buy such a low price or when I need some bitcoin. of course I'm going to buy bitcoin. Price has crossed $600 level so I don't think this is the right time to buy, I bought at $570 level in last week and I hope that price keeps on rising from here now. you expect the price to continue to rise, but your own doubts that now the right time to buy bitcoin. I think the current time is always good to buy a bitcoin if you believe the price will rise. Long term holder will prefer to buy at any price, as short term fluctuations won't make any difference to him as he is aware that he can gain higher benefits in future if he holds his coins tight. |
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I am a trader and I can afford to trust only Poloniex from your list of sites, as I am a part of this site since long time and I am sure they will not scam their investors.
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if the value is reasonable i will accept it.
the problem is usually the rate of paying and ''real rate'' of bitcoin price in exchangeris diffirent with highest prencetage.
Yeah it difference how they are dealing with and how much they pay if we accept bitcoin as salary compare to fiat.. If they are giving good in bitcoin well it is good to accept bitcoin as salary.. Why would any companie paying anyon who earn 900 dollars, with 100 dollars in bitcoin? It makes no sense at all, the big issue, besides not being able to spend those bitcoins as most places, besides the card solution, we would be forced to exchange the bitcoins into fiat, loosing on the first moment 5-20% of the salaire to fees. Exactly its pointless to accept salary in bitcoins as we cannot use it anywhere and finally we are going to exchange it to fiat to spend them, so it will not be profitable to accept salary in bitcoins. |
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Although I cam buy mobile top up,discount vouchers,pizza and other similar stuff with bitcoin but I get utmost satisfaction when I sent it across border because I dont want to use PayPal
Yeah bitcoin is the best when it comes to money transfers as it involves very less fees and transactions are too fast and its far better then banks or WU where they charge too high fees from their customers. |
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I'll just keep holding, Buying as much as my resources allow me and getting as much for free or services as I can, I hold that for a long time and when it's time to sell for a good price I'll sell, Maybe BTC becomes the new money in the future, so I wouldn't need to sell it  . Well if you are going to keep your holding that is your plan to get rich? and if you are going to buy more bitcoin then what are you going to do to grow your bitcoin? and if you are going to hold that for a long time when the bitcoin will be a good price ? for me make some trade or play gambling kidding  Gambling is not the way to grow your coins, its a way to loose your coins, but yes growing coins in possible with trading as there is always an opportunity to make profits. |
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if i have own 21 bitcoin i will hold it for long term and until wait for high price because i am sure that bitcoin will double it price sooner and we can get a big profit from bitcoin in the near future.
If you have that high amount then you should try your luck in trading, as if you make a right move and if you take level of your coins to 30 to 40 btc then you will have more coins when you will sell them. |
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i am from 1 year in bitcoin world and learned a lot about bitcoin and i also trading of bitcoin and i can earn a good profit from bitcoin i think there is all people are earning bitcoin through trading.
Yeah majority of users are making daily profits from trading, and at a moment people are more attracted towards altcoin trading as it can give huge profits in quick time. |
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