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there is risk in everything.,
but the common saying is bigger the risk bigger the returns., so if you want big returns then you have got to take big risks.
imho bitcoin is only going to go up.
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i have two types of wallets, one is online blockchain and another is offline. for holding i save them on the my offline wallet. and for trading and buying things online i use blockchain.
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i want to become millioanre using bitcoins, i have already lost few opportunities., and now i am not ready to loose another., so i am buying bitcoins as much possible as i can. and am going to hold on to them..
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i like how blockchain.info made the UI very easy, i can create many addresses and its also has 2 factor authentication with G authenticator app.,
but to hold on to the bitcoins i like cold/offline wallets it gives peace of mind.
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offcourse , billionaire know about bitcoin and many of them have invested in them, think from their pov, they already have billions, in the worst case ,they wont even mind loosing millions, but those millaions can turn into other bilions.,
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i would buy gold of 50% and bitcoins of 50%
then i ll wait and watch.
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that is not going to happen any time soon, unless US government declares bitcoin as illegal and starts to ban exchnages bank accounts.
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if you want more return in short time period, bitcoin is great, but if you want stability and peace of mind then you better stay with the gold.
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The change is simply amazing but there is much more to come. It will come to as low as 21btc=1million$ (the supply is 21 million BTC, 1 BTCwill be 50k$) in a few years and it is perfectly possible. When that happens, bitcoin's marketcap will be as big as APPLE only and i think, there will be even more space for bitcoin to expand because no matter how big it is, APPLE is still a stock. Bitcoin is aiming to replace FIAT, not APPLE  so if i buy 21 bitcoins now, and hold on to them, i will be millionaire ? how long i have to wait ? |
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you can carry unlimited bitcoins with you and cross borders/countries withour raising alarm..
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this is ddoable, but if you want more quick returns then you can always do day trading and invest in some alt coins also.,
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yes, bitcoin is good way of investment, check the btc ot usd history and you will its grown in very short time., and it will keep on growing.,
imho its better than gold.
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it compltely depends on how mnuch you are investing, the more you invest the more you make/.
i made 3x on my investment on ripple. but lost some in stellar.,
100 btc are doiable but you have to do day trading and not just in single altcoin, in many coins., it will take time., also not all trades are profitable., so you have to take that in mind also.,
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idk why does it matter, as people from anywhere can buy and sell bitcoins., making it legal means they are going to tax it.
it would be better if more and more people started using bitcoins, and indian exchanges charges hefty fees for buying bitcoins., while bitstamp's btc price is appropriate.
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i would divide those 100 bitcoins in group of 10 or 20, then upload wallet or private keys in gmail.
and then secure gmail with 2 factor authentication with G authenticator app.
becuase google is more secure than anything else.
I will be placing half of the bitcoins in an offline desktop wallet, remaining will be dispersed into different wallets, and in few exchanges for trading purpose. I'll have a separate wallet for regular spending. Thia will be my plan when I make more than 100btc in the future. that will work, but managing all these wont be more work, instead of keeeping 2 wallets one offline and another online for trading . lets say using my method, splitting 100 btc in 20 wallets., dang keeping 20 wallets and their private keys and passwords., will be a mess., |
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it will not kill it, but crypto's will have to adapt to quantum computing.,
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i would divide those 100 bitcoins in group of 10 or 20, then upload wallet or private keys in gmail.
and then secure gmail with 2 factor authentication with G authenticator app.
becuase google is more secure than anything else.
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i dont do signature campaign yet., i bought my first bitcoin.
if you are doing sig campaings then it does take time and better the user rank more the btc you will get per campaign., but its nt get rich quick scheme.
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it totally depends on how much you are sending, additionally you could set the transaction fees, its simple ratio.,
lower the fees, more time it will take to confirm the trsansaction.,
higher the fees, quicker it will confirm.,
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