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I told my girlfriend about bitcoins but she was not interested in it and then I showed her how I am earning from signature campaign and trading and that really attracted her towards bitcoins.
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I had owned about 2 btc at once about 1 year ago and that is the maximum amount that i ever owned.I bought all of them from my country's bitcoin exchange and used them for day trading but i had not much success in that so i soon sell them all.
Why did you sell them? You should have holded them as I am sure if you have bought them 1 year ago then price was not too high at that time, you would have surely recover your losses if you would have kept them till date. |
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How could it be boring? Your earning a money(btc). I never know anyone who got bored in earning money. Maybe you just got bored in sigcamp because your putting an effort just in exchange for small fee.
I don't think that earning from signature campaign can be boring as with putting less efforts you are getting good amount of bitcoins and its also adding value to your knowledge related to all cryptos. |
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No i wouldn't go or at least i wouldn't go now as bitcoins price is too small and very unstable, i wouldn't want to risk to leave my stable work just to maybe earn more
That's correct and bitcoin never promises us stable income and financial security which we can afford to expect from our full time job not only for us but even for our families. |
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investment is promising. I never felt how to get profit from invest but now I think there is no good investment. The new 1-month average is already scam
you are right, I also did not find a good investment. I prefer to grow with trading altcoin or investment in altcoin, it's really promising with big profits. Yup bitcoin holds negative image when it comes to investing them anywhere in online site, but we cannot blame bitcoins for that but its good to invest them in trading sites where there is a good way to make profits. I do not see the bitcoin has negative image now. A few year ago, that might be the case as it was used in illegal trading. Its not at all illegal but people who were willing to invest in bitcoin for the first time were not satisfied with the results as majority of users were complaining that they have lost their money by investing online. |
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for the few places that do accept bitcoin, do you currently spend the coins you hold at any of them?I know places like www.takeaway.com accept bitcoin and i even heard CEX.co.uk accept bitcoin in stores now too, but does anyone spend the bitcoins they have or do most just onto hold them? (Or gamble them lol) I wonder if there will ever be any retailers that only accept bitcoin. I hold only 5 bitcoins in my wallet for "black day" or if bitcoins price will rise to sky. And i spend my other bitcoins, but i still keep some in wallet just in case of something 5 btc is an descent amount to have and I think you should also invest some to them in trading to increase the number of coins, and sell them when you are comfortable with the price. |
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Share with us what's your main reason for buying bitcoins?
The main reason why i bought bitcoin are for investment and trading . After i gain profits from my investment and trading, i save it ,then hold until the value of bitcoin is increase . When the bitcoin value is good enough then thats the right time that i gonna sell my bitcoin. Well that is an perfect strategy, buy them when price is lower and then invest them in trading where there is always scope of making profits, and withdraw your profits regularly keeping your capital intact. Its a common way to make a good profit in trading buy low and sell high.. but the problem that they need to know is to choose legit altcoin for safety stay in bitcoin trading instead.. I think we can get good an reliable information related to altcoins on this forum by going through altcoin discussion sections or else the best way to invest in it is by looking at the volume that its holding. |
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bitcoin is not popular in my country but still spreading its branches not only in my country but in the whole world i agree that now the spreading speed is quite slown down since the beggening at 2009
No one exactly knows what is the real picture in their country as its very hard to find the users who are already involved in using it as there is no way where we can track the number of users using bitcoins. |
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May be i will try my luck and performance with trading. Like i think doing day trading is quite profitable with such amount over 10btc+.
Exactly and with that amount you can expect some good profits in no time but make sure that you invest in multiple coins and don't rely only on single one or it can be an risky affair. |
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Sometimes I have the opportunity to use it paying bills, loading the cellphone or sending money to other people. But it is something I rarely do, and would like to have more alternatives for it.
Yes these are the things that i normally do as well,paying bills and doing mobile recharges is the most commong thing that i do with my earned amount of bitcoins.I also love gambling so i also use my bitcoins for online gambling as well. Yes these are the most common places where users are spending their coins at a moment when it comes to spending them digitally, but spending them offline needs to convert them to fiat first. |
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Ofcourse bitcoin should have a feature, too bad you didnt have a tl:dr;. But yes why would bitcoin die out.
Maybe if a different better faster cryptocurrency takes over but other than that i don't see any other reason.
We are not talking about its features but about the future of bitcoin, I think its an typo error, never mind we all know that bitcoin will be ruling crypto world in future and it will also hold much higher price in coming years. |
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Bitcoin is digital currency not asset as people actively using it for different things to perform just like fiat. Bitcoin is not asset where you invest and keep that in holding like gold. Bitcoin is exchanged with fiat and remittance market is almost occupied by Bitcoin and gambling industry where Bitcoin is used as alternative form of money.
Exactly, not a lot of people see it as an asset like gold or something where you invest and keep it to grow and then sell it but you cannot do anything else with that, but with bitcoin you can do anything you can do with ordinary money, so that is just another form of money but nothing else. Bitcoin can be used as a currency and also an investment and you can also use it for shopping or money transfers which is never possible with gold, its an pure investment with no multiple features unlike bitcoin. |
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I think inorder to make a living with Bitcoin, You need to earn from 0.01 to 0.03 already per day .
Is there a way to do this ?
I don't know .
I am looking for a system where I can set and it's Autopilot .
Like Mining, however, Mining doesn't work well for me .
Is there any suggestions ?
Because of difficulty of bitcoin increase mining will become doesn't worth and i think you can try to trading altcoins or trading bitcoin to fiat, although it needs long time until you can make bitcoins every days for 0.01-0.03 BTC from trading. To see profits in bitcoin either by holding or by trading you need to have great level of patience as you cannot expect that if you are into trading then you can double them in a single day. |
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of course,i wan to leave my job NOW! but still don have stable income for bitcoin now  lol ... if you have no stable income in btc then how can you say that you can leave . it is good to show your honest and trust on bitcoin but don't lie . always remain with the truthness of what you are doing and what you want . I think he just wants to leave his job not because of bitcoin. Maybe he is not happy with the current job he have. Many are like that, we do not enjoy our day jobs. And maybe he is young so he can risk leaving his job and throw his luck with bitcoin. if he was still single I think should be willing to take risks to get out of the work if already uncomfortable and also very small salary. even if you do not have a stable income of bitcoin, it does not matter. as long as you want to try, it will definitely get a good result. and this is true of my experience as well. Yes and if you are not satisfied with current job then its better not to waste time in it instead invest that time in earning bitcoins and who knows you may manage to earn higher in bitcoins. |
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I'm also not selling my coins right now. I don't see any huge increase coming and people in speculation aren't saying things like that, as well. I'm trying to maximize my profit out of the next price increase so I'm not spending any Bitcoins. I'm currently just using fiat money to buy basically everything that I need to carry on in life.
That's the right thing to do, as we cannot afford to spend them at a moment as price is not as per our expectations so its better to hold them for a while and spend when the right time comes. |
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There are many things you can do with bitcoin, i usually use my bitcoins for trading and gambling because i am a gambler and trader. I also have some bitcoin and hold it until the price of bitcoin increase.
yeah I think there are many things you can do using bitcoin, such as investing, shopping, or others, you can select it as you wish, but of course I want to choose to grow it If you want to grow them then you need to take help from trading, holding them is good but eventually it will not increase the number of coins in your wallet, but with trading you can expect that. Yes, trading and holding bitcoin will have very significant differences, but if you are looking for staying safe without risk, holding bitcoin is highly recommended. As it is completely risk free, you cannot expect immediate benefits out of it. Whereas trading bitcoin will give you more benefit on daily basis, still it will have many risk associated with it, but it will give you chances to develop your skills so that you could minimize risks when gaining experience. The only risk in holding them is that you may suffer loss if price falls in future, but that is unlikely to happen as we may witness some best and higher price in future. exact, holding can provide huge losses, prices can fall quickly in trading cryptocurrency. only half an hour may be less than half hour the price may fall to the lowest point. People prefer to hold their coins for long term but they ignore the fact that they might suffer losses if price falls in future as we cannot be sure that price will surely go higher in future. |
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Never thought of getting rich with bitcoins, but trying to collect as much as I can so may be in future if price reaches the moon then there is a possibility that I can get rich with it.
what do you do with bitcoin collect as much as possible and hope the price rises higher in the future it is your wish to become rich with bitcoin. why many people are still hesitant to become rich with bitcoin? bitcoin can make richer faster than your real job. I have several examples like my friend who had become rich with bitcoin. I really know he was initially really poor. but now he has a lot of money because bitcoin. therefore I think and has a rich plan with bitcoin. Yes we can get rich with it if we work on it in a smart way, and if you get some support from the luck then it will be like cherry on the cake, and its true that you can get rich with it in quick time. |
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No I would not accept anything in bitcoins from my salary because it does not help me or something.
If I would get this I had to transfer it all to another currency, and I think that is not smart.
And the fact is we cannot spend them directly at physical places and if have to spend them we need to convert them to fiat first so in that case it doesn't make any sense in accepting salary in bitcoins. We are already receiving bitcoin as salary. We are not getting paid in dollars in our signature campaigns pay. Even if you have a day job, we are already receiving part of our income in bitcoin. If my boss will offer to pay in bitcoin, I will accept it. I will just convert what I need in a month's budget. Then the rest I will hold. So even if the price jumps up and down short term, I will still have bitcoins that will profit in long term. How can you compare the earnings from signature campaign to your full time job's salary, signature campaign doesn't take care of our living and its just an extra income for us and not the primary one. |
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I will put all that money in altcoin trading as that is the best place to invest from where it will be easy to make small but regular profits which will keep on adding value to my coins.
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There's no legit place. Those sites that tell you they are legit are the ones that turns into scam easily. You can instead invest on new altcoins. If the project is successful, then you'll surely earn some money. To do this, you could contact the dev and ask how do they solicit the money or you could also just buy some of their coins when it's on an exchange site and then wait for the price to rise.
Exactly that is the safe way to invest bitcoins I guess, and its surely safer then investing it any ponzi sites where you will surely loose your money in long run. |
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