I'm interested to apply
Name: d@nte Post count: 156 Rank: Full Member Bitcoin address: 1CexrrGAJWL7MfJ9MfrkE3yj4gJfhgRwDQ
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People around me doesn't know about bitcoin. I have friends across my country and in my friend circle of 600 friends hardly 10 to 20 knows about bitcoin. And rest of my friends in my locality and I had met personally doesn't knows about it.
Bitcoin still has many barriers to be overcome before it becomes mainstream. That's why it's important to raise awareness of Bitcoin's potential and the benefits of using it. Many people do not understand that Bitcoin can solve different problems that make people's lives more difficult, like inflation, which is quite high in some countries.
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At least with respect to one thing, I agree with what Chandler Guo said a few days ago... I think that Bitcoin is not that expensive at the moment. With all the improvements that can be implemented in the network, we are in a moment of opportunities, since Bitcoin can reach levels not previously achieved. That's why, a few weeks ago, I have invested in Bitcoin, and I'm in this for the long run.
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I do not put all my money in bitcoin. It is not because i do not believe in bitcoin. The reason why i only convert a small percentage of my money into bitcoin is that i need Fiat to buy daily needs. I think that one day i won't use Fiat anymore and people in this world will use bitcoin as the only one currency
It's a good reason to use both currencies. It is also a matter of risk management, because even if you consider the investment as being very safe, you should never go all in one.
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If you have knowledge of the market, and arises a great opportunity, I believe that investing would be the right thing to do. But it is not advisable to invest all your capital into it, because having savings is also very important.
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You could have benefits when the price increases, but if there was a sudden fall, you could have significant losses. So I think it's a quite risky choice.
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I'm using blockchain.info and core wallet, both are quite safe and simple to use, I had no major problems so far. I have not tried other alternatives, but I'll probably test the electrum wallet.
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I think, without signature campaign, you probably could earn through freelance works or offering goods and services, depending on your skills. You can check the service section for that purpose.
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I haven't lost coins from sending it to a wrong person, but yes I've lost some coins into scams. No problem, because I have learned from it. In the last year, I haven't lost coins to scam websites and ponzi schemes.
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It's possible to see that btc is becoming more and more popular everyday. There are more people getting to now what btc is. I would say, that as a result of this, btc is becoming a global currency..
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I would consider selling things that I do not need, or that are not very important to me in my daily life. Then, I would use part of the earned money to invest, in something with potential for profits.
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I believe that for this you need to be a good trader, because trading can be one of the most safe ways to make some money. Maybe you will find a good opportunity to invest, but this requires a lot of research.
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It is, in fact, difficult to double btcs. The best way to double it is by trading, that can make us get a great advantage when choosing the right time to sell and to buy the coins.
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I do not think you should try having all in btcs and nothing in fiat money. Because you can not buy everything with bitcoin, you also need cash, of course..
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In theory, there is a remote possibility, but on practice we can see that btc is just getting better everytime and the community is increasing. Since people keep using it, btc will not die.
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I use them for both, currency and investment. Sometimes, I make profit with btc trading and I also buy with it, mostly digital goods. And I save good part of it for the long run...
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We do not know for sure, but it is possible that this year may become even better for btc, if the price get higher and stabilize at a better level..
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It's worth for me, not only because I use it often to making my deals and to trade online, but also because I believe it is having good potential and bright future, we also expect its price may gain some stability over the years.
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I believe soon more and more countries will start accepting btcs, so this means that btc price probably will be at a higher level than it is atm.
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If you want to save money, my advice is keep your btcs in your btc wallet, never get bitcoin to use into gambling, hyip... and every time you get bitcoin from sig campaign, faucet, or any other ways, send it to your bitcoin wallet, that way in the future you will see your accumulated bitcoin and you will be surprised..
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