If i find a good job, really worth and have a good futuren on that job for full time on bitcoin, maybe i will think about that, but i need discuss it first with my family about the situation.
i think no stable income in bitcoin, and no 'realjob' at bitcoin except you join a startup linked with bitcoin technology, if you are progamer, im sure you will find good job in bitcoin company. Yes if you are holding technical skills then you can expect higher income from bitcoins but you need to make sure that its a permanent job and not short term projects. |
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Sometimes, when trading. It is difficult to make projections in this market, to be honest, especially when there is not much trading volume.
That's almost impossible to do! I have lost some bitcoin but i was scammed. I was trying to buy some locally but I have never received or heard back from that person. Luckily it wasn't that big of a sum of money but I advice everyone to be very skeptical when trying to buy bitcoin. Alot of people are just out there to scam and make their money in an unfair way. If you want to buy bitcoins then you should always do it from trusted and listed site, I always buy it from localbitcoins and it is the best and trusted site to buy bitcoins. |
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you do not need to take a long-term, there is a lot of coin for a low price and has a fast movement. you can see a few coins in poloniex, very much altcoin low prices with fast movements. so it can take advantage of the coin with a brisk trade.
If you feel you're profit by holding the coins you buy , you can sell it without regret because you already profit from that coins. And you can buy again after the price dump , or your own when for buy it. Depends on the amount of your target, some people wants to target a bigger amount of money despite with a little capital and base on my opinion the amount stated which is 0.1 BTC is not a big capital to me, if you want to grow that fast you need to take the risk and the only solution is to gamble that amount. everybody has his own preference. some people are willing to make bigger risks so they invest more money and some are not so willing to risk their money so they keep it as it is or invest smaller. one thing is for sure though, you can't expect a big return from small investment. Exactly, even if you will make profits in trading then that profits will not be felt as the amount would be too low, but I really feel that something is always better then nothing. |
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I know people who live on just bitcoin business. They are a small team of web developers who scout around forums looking for jobs and then they get a payout in bitcoin.
I think that's pretty much the only real way, trading is too unreliable and so is investing. with freelancing you have it somewhat in your own hands because there are enough jobs to find.
But it will also depend on the demand of jobs, may be someday you don't find any project to work on and even there is high competition and you may need to work at lower rates which can reduce your income. |
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21 bitcoins goal is really big goal for me. Even earning 1 bitcoin is really hard for me, but i still have much time to reach that 21 bitcoins goal. Maybe i can reach it on the next 3-5 years.
Yeah that is a descent time frame to touch that goal, and if we start working hard from now and start earning in different ways then in next 5 years we will be holding that amount in our wallet. |
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Right now their is no support for bitcoin for real life shops as in my country still bitcoin is not recognized by lot of them, but their are so many users who are ready to buy and sell bitcoins for fiat currency, so i have to convert it in fiat currency to use it in real daily life.
Ya correct bitcoin doesnt support in real life,we can not use it offline in most of the countries specially in my country.So its not possible yet to use bitcoin in real life.Yes but still i use quiet regularily online,i can do shopping with them and also use for mobile recharges quiet regularily. Almost of us here said the same thing which is bitcoin isnt available in their country which is true since bitcoin is not fully adopted worldwide and we would really have a hard time to spent it offline since no one accepts bitcoins as a payment physically but still we could exchange it directly to fiat so that we could used it to buy goods. Yeah and at this stage there is no scope for bitcoin to be used in daily life as it cannot be used directly anywhere if you have to spend it then you need to convert it to fiat first. |
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It is very strong and you can't just hack it and script kiddies wont be able to acces it just like that so in that term it's pretty strong.
But ofcourse every security you can potentially penetrate there is always a way to unlock a door. We have seen it happen in the past but the same could happen to your bank getting hacked. It might be less likely because that would be easier to get caught with though.
Banks are safer and stronger in compare to bitcoin wallet, as if your banks account gets hack or if your money is stolen then there is always an opportunity to recover your money but same doesn't goes with bicoin. |
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in my opinion to is get profit in better amount is that you should hold btc for a log amd and then sell it for your profit with increase price . in this way we can get profit with small risk .
The question is when the best time to sell , and if you have big amount in your balances , it doesn't matter as long as you can divided your balances into different source . But , hold it for the few years without spending , it's lazy way to earn for me. Holding is not a bad way unless you have some other sources for earning as well and those ways must be increasing your held bitcoins, but if you just have some bitcoins and doing nothing but just holding them then that is really not a good decision. Yeah and to make profits from only holding you need to wait for a long time as you never know when price will g o higher, so its good to trade with them to get regular profits and also to increase the level of coins. But trading is also high risk until you dont have good bankroll, you can do is giving your skills for bitcoin payment and like this you will start to earning bitcoins and you can save big and even do some investment of holding them. Holding is safe but not profitable, if can give you good profits only if price goes higher but the number of coins will be the same it will not grow by holding, even if you trade with small amount it can increase the level of your coins slowly and steadily. For me, it is profitable because we are going to see a good price of bitcoin in the future, that speculation alone is already a good promise that you will earn if you continue to believe in bitcoin, believing means you will continue to hold despite of the crisis that has happened and will happen. Why to just hold them if you have an opportunity to grow them, holding will not increase your number count in wallet even if price goes higher the number of coins will be the same. |
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Not all altcoins are waste, it seems that a few altcoins is a back up for bitcoins and use for exchange and tradings... I use my altcoins exchange to cloud mining that I got it from faucets. I can't participate regularly in exchange services due to my busy time.
yeah there are some pretty strong altcoin like etherum, litecoin, and there are several others where they can not be equated with other altcoin. that altcoin also quite strong and may have a life span that is similar to bitcoin. I think it's quite profitable to mining altcoin? Mining will depend on the country you are living in and the cost of electricity and it will also require capital to buy equipments, better option is to trade and sell when price goes higher. |
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People who are full time in bitcoin have invested huge capital, and they are making good profits in
trading, but if you don't have higher capital to invest then never think of getting full time in bitcoins.
Though trading can earn you huge profits if you have a good enough capital but still you cannot just rely on that because we all know that sometimes we also pick up loses in trading so if you don't have a real job you may face problems if something like that happens, so trading should always be the second option for you if you have a real job. For me, I treat trading as a business and not a job because there is no assurance that you will continue to be profitable in trading. It will give you a good return if you have the skills but sometimes you do lose also as markets are not predictable all the time. Exactly, there is no guarantee that you will make profits all the time in trading, as market is unpredictable and anything can happen but if you are good in it then you can recover your loss in next trade. |
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Trading is the only place where I use bitcoins, as at a moment I cannot afford to spend them as I want to earn maximum coins for future and spend them when price goes higher.
yeah altcoin market is getting wilder at a moment and if you would have invested in monero few days back then by now you would have made huge profits from it. |
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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.. Your salary will be fixed according to your duties and responsibilities and your rank in your company, if they will pay you in bitcoins then it will be equivalent to your fiat salary, don't expect higher amount in bitcoins. |
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I will surely invest those in trading and try to grow my coins as only holding will not be profitable enough in future so its better to make good profits out of them.
Oh thats nice sir that you can grow your bitcoin more than that , because if someone going to give me 21 bitcoin i probably withdraw the 20 bitcoin so that i can start business here in my place where i build store where i can sell things etc and the 1 bitcoin remaining i will try to grow it in investment website or cloud mining  Your plan for starting a business is quite good but if you will keep one coin then don't waste it in any investment site or cloud mining but it would be better to just save 2 or 3 coins and use them for trading altcoins or bitcoin, how to trade bitcoins with bitcoins? deposit your coins in a exchange you trust and see the price, when it is high just sell them and keep watching when it drops a little buy again and the remaining dollars will be your profit. If you invest 21 btc in altcoin trading and if there is a huge pump then you can even double your coins in a quick time as 21 btc is a huge investment so you can expect much higher profits from it. |
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Probably yes because I am a earner bitcoin. I earn bitcoin because I need money to be spend in my school finance problem and also for my financial problem in daily life. So bitcoin is my savings account because I dont have bank accounts.
you are right if we have not any bank account then we can save our bitcoin in bitcoin wallet i think there is all people are saving bitcoin in bitcoin wallet because its very safest and secure than bank account . You cannot say that its the safest the bank as your bitcoin wallet may got hack and once you loose your coins they are forever gone and you cannot recover it but if it happens with banks then they will help you in recovering your money. |
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Bitcoin is not popular yet in my county
the people in my county still not understand about bitcoin
but I'm pretty sure bitcoin will be success in the future and people will use bitcoin.
We will find more users in future but it will only happen if they are guided in proper way and shown the importance of bitcoin and how to use it or earn from it, unless its not done, people will hesitate in using bitcoins. |
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surely you have experienced the worst decisions when using bitcoin?
then what was the best decision?
so far I don't have any worst decision that I make at the present time now. Because I am very thankful to the member here in bitcointalk forum. With there experience I'm aware for everything which I must not do, like investing in any kind of cloudmining site and giving a tips for not playing in any gambling sites too. Its good to know that you have learned from this forum that what is right and what is wrong, and you invested your time in reading the experience of people to avoid losses. |
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In my opinion, few invests or trades bitcoin as a currency. Most likely earn bitcoin users and change it to a normal real currency to have to use it for other purposes.
so are you using bitcoin as a currency to start trading , because i use bitcoin as a currency to make some investment of my money i chance my money to bitcoin currency because i am sure that i am a jobless man and in bitcoin im depending hoping that i can grow my money with bitcoin and in signature campaign i earn . Signature earning is a good source of additional income but its not too high, so we need to find other ways to earn bitcoins and I think trading can take best care of us to grow our coins. |
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Yeah its really good long term investment to buy 1 bitcoin today and i think there is a large number of people are buying bitcoin in big amount and then holding their bitcoin for long term i think they surely know that bitcoin will be go ahead and i am sure we will be get a big profit from bitcoin in the near future.
If you are going to buy 1 bitcoin today then think before you are going to invest it because some website are convincing some investors to invest on their website promising that they can get bigger discount if they are going to invest big then after a days that website are going to ran away. try to learn about trading it will grow your money in the long ran Its better not to invest bitcoins anywhere but if you have fiat money then you can invest that anytime in buying bitcoin and hold it for long term unless you don't see a higher price. |
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Recently i never spend my bitcoin i think its right time to hold bitcoin because bitcoin are rising up its price and i am sure bitcoin will be go to more high its price and we will be get a big profit from bitcoin.
Well we are doing the same mate , where i don't spend my bitcoin at the moment because i read some article that before the year ends bitcoin will increase the price so for now iam holding my bitcoin and i am controling my self to not spend that much i am pretty sure that bitcoin will increase the price soon If you're checking out the charts, that is true: everytime the price is the highest during the holidays (Nov., Dec.). That might still be a bad option, because the price could be 10x or even more the next holiday! The halving took place, and everytime it did... One year later, the price skyrocketed. Everyone is expecting to see higher price in the end of the year but no one knows what actually will happen, so its better to hold our coins till the end of the year. |
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I am not sure if it's going to happen. Bitcoin is becoming more and more popular, but I don't think it will be as popular as mainstream services in five and a half year.
It depends on the further developmement of the bitcoin infrastrucutre and the general financial technology. Yeah, it's really depend on that and depend on the bitcoin user too. If they want motivate other people to use bitcoin, maybe everyone will use bitcoin on 2022. Even if you motivate people around you to use bitcoins, you cannot expect that everyone will start using it as there will be many people who will prefer to stay away from online stuffs. |
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