The best time to buy your bitcoins is at the lowest point of the price but that is something we all know it is the time you sell it. You need to be sure that the price will rise again because if you buy coins at such a low price you will only take more risk of losing money.
the problem is we do not know where the lowest price is going to happen? because usually we assume that the price down is the low price? but sometimes the price will fall back after we buy. because we do not know where the lowest price? we can only predict the price dude Yeah, no one can tell what is the right time or right price to buy as price keeps on moving up and down and you may find major difference in price even very next day of purchase. |
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I think BTC Trading is best as a short-term part-time job.
For sure. it's not the best idea to give up stable money for unpredictable money if your not a multi millionaire. First be sure to be able to live then look at your secondary income, dont make this your primary. yeah I think if you want to work full time in bitcoin look for jobs provide steady income to you. do not try to take the risk out of real job just because you want to focus on trade bitcoin? because I'm sure your income will not always remain. so it would be very risky You can earn a living with trading if you have good capital, and you can expect good income from it but its always good to keep it extra and continue with full time job. |
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Buy Monero and HODL for long term.
Yeah monero is looking really good at a moment, as price has almost doubled in past few days so people who have bought last week would have already doubled their coins. |
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The first thing that comes to my mind when I listen to steady income is only from signature campaign as I am earning since last 1 year on weekly basis which pays me fixed amount of btc.
yeah I think one way to give a fixed income is Siganture campaign. because you work as an employee and you work with the rules and restrictions. Of course you can get a fixed salary. different when you are trading you will not be able to earn an income with a fixed Yeah trading will never give steady income, sometimes it will be higher and may be sometimes it can be also negative if trade goes wrong, but its also an good source to earn bitcoins. |
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I would start trading alt coins soon after, but we can do all sorts of different things with 21BTC.
how ever not every one capable of managing their funds that's why scammers are successful most of the times because they promise the manage and double their funds for them.
Why to depend on others to double our funds? We should have that capability to learn and see how things can work for us and it will be horrible to hand over our funds to someone else. |
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I am into bitcoin world since last 2.5 years and I am enjoying this journey as it has helped me in earning some good money from it and its also increasing my wealth on regular basis.
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Not yet for now. I'm still holding my hard earned btc till now. But maybe next week I can withdraw my btc. There's a issue in one cashout options I have been using.
By that time comes, I can say that I am using my bitcoin in real life.
im not spending my bitcoins right now either, in my opinion the price of it is going to grow a lot in the near future so im waiting for it Yeah everyone is holding their coins hoping for higher price in future and I think that is the safe method to make profits with bitcoins, but if you have an option to spend then you should spend it sometimes. yes many people have both the options, they are holding their bitcoin for price increase and when feel the need to spend it they even use bitcoins in their local shops, i am hopeful that a time will come when i will also be able to use bitcoin in our local shops. Lighten up, it is possible that time will come. where you can spend your bitcoin in a local shop with ease. I'm sure that day will come. for the moment we are having difficulty to spend bitcoin. but in the future I hope we can get the convenience to shop Bitcoin has lot to offer to its users in future, at a moment we are facing difficulty in spending our coins directly but converting them to fiat and using is quiet easy. |
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I believe the best thing you can do with your earnings in BTC is to save them, for the future potential earnings, given the fact that, in the cryptocurrency market, other investments are really risky nowadays.
Holding for future is good as price may go higher but its better to try to grow your coins by taking help from trading so that you could increase the level of coins in your wallet. |
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The fact is people will never disclose how much amount of bitcoins they own, they would like to keep it secret and its impossible to know the names of richest users.
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I am not having anything saved with me as of now because I always used to sell my coins as soon as I got them, just because of the real life conditions that I faced during my past days... I hope that I will not see such problems, and will be able to save upto a few more bitcoins so that I will not be left behind when that pump takes place...  Yes you should try to save at least small percentage of your earnings for future, and saving will always help you even if price doesn't reach your expectations but if you are in any emergency then those saved coins will help you. |
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The best way is trading obviusly, but if you have no any experience on it, better to try your luck gambling  just one time, or you will get it or not. Why someone should invest his capital in gambling for trying his luck just for once if he can learn how trading is done? Anyone can do trading if they do some reading and start doing it with a small amount first to have some experience and later on start doing it with bigger amounts. That's the right way to start off with trading, always start with small amount and once you gain knowledge and experience you can go with higher amount and in gambling you can loose everything in a single shot. |
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Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
Ofcourse you should believe in bitcoin because bitcoin can grow your money that easily if you are going to deposit your 10 thousand dollar in to your bitcoin wallet theres a chance that the bitcoin are going to increase so that you can earn profit instantly and if you are going to trade your bitcoin into another currency  Someone having such a big capital does not need to trade any other currency but just bitcoin would be enough. Buy bitcoins with your capital when it is a bit lower then usual and wait for sometime and it will grow and just sell them so you will earn profits like that. This is normal way to make a profit if you are in exchange site or trading site you need to have a good margin to set so that you can make a profit for every hour or daily.. because bitcoin price is not stable. Bitcoin price is very stable at a moment so there is no scope to make profits in bitcoin trading at a moment as it is expected that price will remain stable in coming weeks too. |
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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. Yeah cannot expect any good result from gambling as majority of times you will be on loosing end, either trade it and if you don't have knowledge then better to save it for future. |
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Are you investing your money on Bitcoin? Yes ,for example in the most i invest on trading . Do you use Bitcoin to buy things in internet? Hm.im not into that i haven't buy anything yet on the internet. You earn money with Bitcoin? Yes ,in the most im spending time sideline on campaign signature also earning with investments. Yes and there are many other ways to do with bitcoin too, I generally used them for money transfers as the fees are too cheap in compare to banks or WU and transactions are instant. |
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I have bitcoins because this is my source of earning and without that I have a little income from another source, and the other reason is that it is a currency which is increasing in value so with that we will get a good profit for free.
I can totally relate to your first point, that i have bitcoins because i earn them and this is the only source of income for me as i'm not having any day job as i spent most of my time in studies, so bitcoin is the only way which makes me able to earn money. Yeah and bitcoin has made us as an independent individual and we don't have to depend on our parents for money and even my parents feels proud of it that I have learned my responsibilities very early. |
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i think i will like to do shopping for my children as the Eid is coming nearer therefore i will like to spent some bitcoin for shopping.
Quite good, but unfortunately it seems to have a thing we can get in the bitcoin. because there is no online stores that want to accept bitcoin as payment, now one of the online stores that accept bitcoin is an online shop that engaged in Internet and mobile (utility bills, internet, online gaming voucher, voucher, etc.) Even if there are online stores accepting bitcoins, you won't find all the the things that you really want to buy, somehow you need to go to physical places to buy, and that time fiat can take care of you, so its better to sell them to fiat and go for shopping. |
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Being rich with bitcoin or other digital currencies is possible only when you get involved into it as a full time job. Other than that through gambling and trade only very few were found successful. I consider bitcoin as an additional source of earning rather than considering it to become rich.
I thought you did not have to work full bitcoin to be rich in bitcoin? you can get bitcoin on the various ways and methods? and it can be done without having to work full time in bitcoin. you could become rich of many methods in bitcoin dude Most importantly hard work to get rich in bitcoin. There are many methods here and we should use it to get rich, but it was very difficult. If I use bitcoin only as additional income. Very difficult for me to be rich with bitcoin, because of my ability in bitcoin is limited. So I use it to supplement their income. Indeed there are multiple methods to be rich in bitcoin but my method is simple, yet not so simple. Buy smart, sell smart. I trade btc/alt and would always be careful because I've lost quite a good amount on my first few weeks in trading but now, I've (probably) learned my mistakes from them and making extra measures to make sure to not make the same mistakes. Yeah we all have made some mistakes at initial stage in trading and also suffer losses in it but that gave us experience and knowledge which will stay with us for a lifetime. |
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Do you think that Bitcoin is luckiest for all of us?
Because i can say it easily that bitcoin is lucky for me, because when i joined it since now i feel i have a good earning source of income.
It is clear we all are using bitcoin because we all want to make profit from it.
So is it LUCKY for you?
Of course, Bitcoin is lucky for me, Because since when i know about bitcoin so i could spend on my extra time to earn the bitcoins, and i also have thinking Bitcoin has a amazing world and use it and feel happy and also it is a good source of income for everyone not only for few peoples. And it give us a chance to make money at home. Yeah and it has also taken our buying power to a new level, now we don't have to think twice before buying anything as bitcoin is adding value to our wealth too. |
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Yea not as a trader.
If you are trading in Altcoins and bitcoins, you do not need to quit your job. You can continue to work your normal job and do trading of bitcoins in off hours. correctly . trading only takes very little time. we can still work in the real world. with trading as an alternative job. our income will increase and our lives will be better. I've tried it and it worked !!! I think trading involves great level of concentration and it cannot be done in little time, you need to have constant watch on price movements as you cannot afford to miss the major price wave in it. if you have proper guidelines and information you can easily do trade even if you are not in front of your computer from time to time, there's a lots of update that you needed to be watch and after that you can easily place your buy and sell order knowing that the price will jump in that partcular settings that you create. Its hard to get accurate and reliable information in bitcoin as its really difficult to trust any news as no one knows what will happen very next moment, so its better to keep a watch on it continuously. |
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i think that the best way of making steady income is to participate in signature campaigns or just buy a lot of bitcoins and wait
Buying bitcoin and saving it for future is good but the risk involved is there is no assurance that price will rise in future, but if you want to earn it regularly then signature campaign is the best option. |
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