There are several apps and sites that allow you to trade with virtual money, but that by far isn't the same as is the case when you start trading with real money.
When playing with virtual money or we can called Demo, people doesn't care about risk they would get because they don't even lose single penny with the virtual money, playing with virtual money doesn't help you much if someone think like that. Then the answer is simple. Don't think like that. Sometimes it all comes down to your guts and willingness. If you have strong emotions like that. Making a demo account will be truly useful as beginners tend to lose more money than the experienced ones. In this way you can avoid losing pennies. Base on my experienced about readings from internet and here in forum I just learned on how to trade perfectly I implemented those I read on this forum from people who giving advices to me. It is better to figure it out by your self than following some ones move follow what you've think you will gain income.
It is impossible to trade perfectly even the veterans can't do this what's more if its a beginner. Yah. Its good to learn the basic things from the internet by reading articles, discussing on forums, watching videos but you shouldn't just follow what they say. Understand that by learning you are not just repeating informations but instead you will learn how to think for yourself to have original thoughts. |
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Bitcoin always related to online transaction, so you can sell something that can easily sell at online. I recommend steam wallet code, skype code and many else code that can easily sell at online. I think food is not good for online, but if your plan to make a real life shop, it might be good, it's depend on your shop location too.h
Your suggestion is good, it is seasonal, since there are a lot of steam players that are spread throughout the forum. You can sell codes from them and credits from any popular site. That will make you a discount seller but you need to have a very good connection from the company that you want to sell their services for free. I don't know the details completely but I have heard that they are buying it to countries like Russia where these keys are much cheaper. G2A is one most popular resellers of steam codes they said that they are not the ones who bought the codes but they have soeone who distributes it like people buying on sale codes and they will sell it on g2a's marketplace. |
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Hi friends,
As far as I know, bitcoin payments take a little time to approve. Will these approval times make it difficult to use bitcoin in our daily lives?
For example, I would get a coffee from Starbucks. Do I have to wait for approval to pay for what I have done for hours?
The confirmation time is without a doubt a limitation to use bitcoin like that, bitcoin is better suited for operations where you don’t need confirmation in a matter of seconds, so the usage in our daily lives of bitcoin is going to be limited, but bitcoin is great for operations like the ones you do in internet. It can be limited at a moment but things can change in future when confirmation time will get faster and also we will find many places to spend them physically but if talk about the present then yes the usage of bitcoin in real world is very limited. The only thing we can do is to wait for the confirmation tog et faster as the technology keeps its development and the developers find ways to get faster confirmations. If we have more miners yah it will get better in the future. But for now waiting for all blocks of your transaction to be confirmed is not that necessary because a transacton will be irreversible if it has one or more confirmations. This wil be possible if the owner has a well understanding of bitcoin. |
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It's hard to make $100 for 2-3 months if you don't have any knowledge or target of service you are going to offer.
But it's already enough to earn this amount for 2-3 months as with bitcoin there are a lot of source you can choose.
Campaigns, trading, faucets, giveaways and translation projects are good.
$100 is very easy to reach for just 2-3 months because there is a lot of way to earn that money like what you said using campaigns,trading,giveaways,transactions and a lot more but faucet sites is not considered as a way of earning money because it is useless and it just a waste of time so that faucet sites will be just for kids and not for serious earners. Faucet is just a good way to add your profit and you can only do it when you've got enough spare time for visiting and claiming faucets. Most of you here are thinking that it's useless but if you don't have something to do with your time. You can say that it's worth to do with it. I personally don't recommend faucets as I also find them useless and a waste of time but if you find something with a decent payrate like solving captchas on raiblocks in where you earn mrais to sell it for bitcoin. I have seen some threads and people are earning a decent amout perday. But a more stable one who doesn't take too much time is still the should be the best choice. There is no way that a person doesn't have anything to do with his time. It is just a mere excuse of people who wants to earning as fast as possible. Just like in some jobs in the real world that requires training before you can actually start. It also applies here. You have to familiarize yourself first in a certain field. |
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The answer for this is the same on how do we deal with out life problems. First is to review what you did. Find something significant or something you
did that make thing things go in the wrong way. Learn from it and apply it when you did it again. It is understable to be sad about it but since you will
be experiencing more situations like losing it is a good to toughen yourself to not lose hope because instead of mopping and whining about it. As long
as you have time you make things better for the next one.
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there is no exact number for how much you will lose or win it is all about the market you can win 10% profit for trade or you can win only 0.1% it is very flexible to the market. and if you take risk and trade in a long term maybe you will get 100% profit or maybe you will lost 50% of your money.
you need to know your market so well befor you start trading.
Like you I don't even bother myself on how much I earn or I lose. I just continue my best to focus on my signature campaign to earn bitcoin. And if I earn bitcoin I can make it as a capital on my trading then the only thing you need to monitor is the price or the value because through this you can know when to buy or to sell. In monitoring your trading you need a wallet that has a converting capability. Then focus on your trading and always get to know your client or trading style to earn more. It's not that necessary to know your loss and wins but In trading most of the time you based your decisions on various data. The exact or estimated amount of your loss and wins is also an essential data to know your progress if you're actually profiting in a monthly basis. If you find that your profits are low then you will have an idea to change your trading strategy. |
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there may be time to get out of trading, when the price rose to a high bitcoin. Well, it never hurts to stop trading for a while. but, when you quit for good, I think it will only make you lose, especially when you have an expert in such matters.
You will actually lose, lose a lot of opportunity. Instead of using the time for more profitable things in bitcoin but you chose to quit. Then you surely will lose a lot of things with bitcoin. But if you are not going to quit right now and just take time to relax instead of quitting. It's more better to hear that word. no problem for me to stop trading, because there are few other jobs are more prospective, if we think over the fact that we live in this world has a certain talent in the field, I have expertise in trade, but there is work that can't be divided by time for trading, I decided to quit while not know when it will come back again. Well if you have assurance that you can nail a good that fast then that's fine. But why would you waste your expertise in trading and don't expand your knowledge for it. Because if I were, it's going to be a good thing if you are going to have your real job why doing some trades. Don't forget that the market is becoming bigger each day. He leaves in trading because he can't manage his time to balance his work and trading at the same time. It is good for him to sacrifice one of his source of income because it will be good for him to focus in just one job. If he don't leave trading then he will suffer panicking each day in balancing the right time for work and trading and it might cause for him to experience bad results. I'm the one regretting that losing his other source of income. Because for me, it's not that bad to focus on a single job but it is not that bad too if you are going to have 2 or more source of income. But if there's a conflict of interest and his time isn't enough for managing all of them, it's his choice. Maybe someday he will comeback again. Actually I think the decision he made was right. Trading should not be done full time because it is not a stable job. If you can't balance your time between the two of them it is a wise decision to give up the other one to give way to something that should be prioritized and that is his offline work. Maybe when he gets a vacation he can use that time to trade again. |
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I think for a good profit you need to trade and invest at the same time. You have to separate your portfolio. The percentage depend on you and also the market.
using both would yield a double advantage and much larger. but you should know that using both would provide a greater risk? you have to be prepared with all of it? I don't think so. If you put your money into two different things you will actually minimize the risks not increase it and putting all your money to one basket is more riskier. A great example would be if you put 50% of your capital to trading as well as to investment if something goes wrong to the other one you will not lose all the funds that you provided. |
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Ofcourse it will never ever ever replace fiat currencies.Why?simple because without fiat there is no bitcoins so bitcoin cannot stand alone i think even tho it is very well knowned by this date.And another reason is government will block bitcoins ofcourse if it becames a threat in government based financial system
Yah. This is just like altcoins and bitcoin. We cannot determine the value of altcoins without bitcoin at the same time we cannot determine the value of bitcoin without fiat. There are many predictions about bitcoin replacing fiat and the age of cashless society will then begin which is not impossible however remember that there are many problems that will surface from that because we are altering the way we use money and the position of it in our economics. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Yes there's effect maybe some of hoders sell threir bitcoin and some make a panic selling. But i think some are holding their bitcoin because they know once bitcoin down the price thet will pump it again. Smart people will take advantage of that situation by buying more coins and holding their existing coins without selling them as they very well know that if price has gone down it will surely rise once again in future. The best traders and investors make the most of their money by being contrarians. its only in situations when a few are right and most are wrong that generate the most profit. Think of it as a pie: if there are more people, then your share of the pie is smaller. if there are less, your share of the pie becomes much larger You have a point but you can't apply it to everthing. There are times when the majority of public opinions have predicted right and that also goes from the opinions of the few. There is no method to guarantee your success in this kind of industry but there are more factors that should help you determine the best option you have. Maybe the panic sellers didn't consider those factors. |
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yes it is all the dreams of those who want to be rich like where do I get rich?
I can be rich together bitcoin because I am sure, and you can, too.
Maybe not with bitcoin anymore, but there are many altcoins which has big expectations with low marketcap. It is really possible to be rich thanks to altcoins. But ultimately it will give you bitcoins in return so if you can make good profits with altcoin then it will surely help you in becoming rich in future as altcoin market is unpredictable and its price can pump beyond our imagination and if we invest in it at a right time then it can give us huge profits. The only possibility for any significant capital gains with cryptocurrency is getting in early on new altcoins and hoping for the best. I dont really see any other way of doing so if u are only limited to investing and trading Yeah and I think we should keep a close watch on ICOs and try to get those coins before they are listed on trading sites and after official listing if price pumps then we can expect huge profits from it. You're right but not all people are able to choose the right altcoin, we can see potentials but not everything gets answered. ICOs of today can be a new way for scammers to scam people thats why many people find it more riskier than trading coins who are officially released and have more available data. The thing here is if you don't have that much experience don't invest on ICOs |
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Volatility seem to be the reason people started using bitcoin anyway. From what I heard, some make a profit out of it. Sure the price changes are unpredictable but if you got it right you can make money.
Volatility matters to those that are looking to trade the price swings. If you're only interested in holding your coins for the long term, then you shouldn't care about the volatility at all. I was a pure holder more than a year ago, which at that time I absolutely didn't care about the volatility. Nowadays I do care about the volatility as there are some decent money making opportunities, and thus I have combined holding and trading to get best of both worlds. That's right hold majority of them for future but try to invest few of them in trading which will give you regular profits in quick time and it will also grow the number of coins and holding is good only if you have huge volume of coins in your wallet. Yeah, I'm doing like that my Bitcoin hold for future, But some of my Bitcoin I used to altcoin trading, not trading bitcoin. Because the trading bitcoin is very slowly the price movements in the market, in contrast to trading altcoin. Also the bitcoin Trading needed a large capital than trading altcoin. That is because bitcoin is more stable than altcoins which are extremely volatile compared to it. Volatility can both give negative and positive situations. Either you go to investment or trading volatility can create losses or winnings. As for me I take advantage of this. I hold a portion of my bitcoins for a long term investment and also doing altcoin trading. |
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It will be a pretty idea to have a Bitcoin day globally this will create awareness in the society and make people to know more about this currency.
And it will help to advertise bitcoin publicly and for sure if this will be implemented, people will be more eager to earn bitcoin, and public will try to search on what is bitcoin and start to be curious on how it works and will try to earn it. Yes i hope we have bitcoin day because it gives other people to know what is bitcoin if those people know bitcoin and invest money the bitcoin price increase and thats good to us. But everyday is a bitcoin day .I think the need mr. Satoshi to declared the bitcoin day . The benefits of bitcoin day is for us . And people gives opportunity to us. The irony is if you declare a bitcoin day to raise awareness then most likely the people that will know about that day will be people that already know about bitcoin so you will not be able to create as much awareness as you thought you would. It can still promote if ever some sites issued it to their corresponding pages. If some news aired that its bitcoin day. However possibilities that only users will be happy and entertained from it. Knowing that there were a lot of freebies or promos in that days. Don’t get me wrong it will be a useful event but at the same time not many people outside our little world will find out for that we will need the support of the press and we know we don’t have it since they have been bought by banks and other entities. I agree declaring a bitcoin day can spread awareness but the problem is how do we get the mainstream media's to make an article about it? Maybe they might if it becomes super popular but sorry to say as of now only a small number of us knows it. This is just an idea if ever there are 1M users of bitcoin in the whole world and if we set a date for that bitcoin day thing. that 1m users will each make a tweet or post so we can successfully be on the trending list on twitter and other social media sites. As always. It'll be tough to remind this 1M users that this particular day is the bitcoin day. |
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Sad but true. We cannot use bitcoin for micro payments right now. The fees are painfully high and the confirmation time painfully too long. I have a transaction that took a day to confirm even when I paid a decent amount of fee and the unconfirmed transactions on the Blockchain is low.
We have to find a solution to this situation. It's a problem to everyone, as people are leaving Bitcoin because of these problems. I used to order pizza, which I can't do now because of too high fees, I can buy a side dish with that fees and even after paying that, the confirmations will take a day. That's really sad for Bitcoin and its long term supporters. If you're not a miner the problems kinda out of hand. Too little things to contribute. The biggest helpout so far for this is the transaction accelerator of viabtc but unfortunately they have a limit of 100 and many people from all over the world are using it so the chances are you gotta wait for another minute and come again. Honestly if its just micro transactions. I would prefer to just use the usual fiat because price will increase sooner or later you gotta pay a low amount of satoshi for that. |
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You just said it yourself. Because of money corruption can always happen as not all politicians are as nice as they are appear on some people or the
voters rather. In the end people will still prioritize themselves and their preferred persons over strangers. Yah it is easy to track their transactions using
the blockchain explorer but most people uses multiple addresses and is still generating so how can you know if that particular address is theirs? . After
that they can just buy a hardware wallet, store it in a box and just bury it somewhere. The problem is hiding the exchange of your fiat to bitcoin.
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Well I guess in some country you can avoid taxes even though your into bitcoin like here in the Philippines, I think our government has still no idea about bitcoin because they are so busy fixing and making things right in our community like drug pushers and corrupt government officials.
I don't think so. I think you're just not informed about things. Most countries knows bitcoin particularly if there is a sudden increase of bitcoin volume on it just like what happens on Philippines. The government released a new regulation regarding virtual currencies and bitcoin is one of them. Exchanges there are now required to register themselves as a money transfer business that's why exchanges there also requires verification. I'll leave the link http://www.bsp.gov.ph/regulations/regulations.asp?id=3748 |
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I don't see a single reason why would the internet will die. It is a very important part of our lives if it ever be endangerd i'm sure the whole world will
join forces for it. Op said that bitcoin is the main payment method in his what-if scenario which just proves the more reason why internet will always be
there because bitcoin relies greatly on it unless something that's more great than internet has been invented.
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if the goods most inexpensive and very salable in the market chalky many posts,
when there's my gold will buy it for the long term future.
Gold haven't found in the trading list with bitcoin acceptance. I believe but based on one's own interest can find a right person who has such plans of selling gold for bitcoin through our forum. But the riskiest part is the exchange of gold in the form of commodity using an escrow. Yah many problems will arise if selling gold in the forum is established such as people selling counterfeit/stolen ones, We need an escrow who knows a lot about gold, taxes and in some countries you have to declare your ownership. The best way is still to buy from the official stores. I not understand what are u talk to say!
He's asking what items do people want to buy here in the forum. There's just a little grammatical error. Its not that difficult to undersdand particularly if you read at least all replies on page 1 and the latest page |
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Even you read thousands of guide and you are not putting much attention to it and better understanding a big tendency is failing
Well you nail it, they are just guides for us to earn good amount. And with my experience, most of those guides are legit. But when I'm going apply it, I'm having hard time to do so as many of them aren't that encouraging. Yah most of them are proven working but it is not an easy way as it cointains lots of risks to put it frankly it'll be a fifty-fifty situation if you ever follow their guides also most of them involves investments .-_-. My opinion on money making guides is. If there is a great way to earn that. many people would be doing it and it'll be spread out in the internet for free. If ever there's a magical way to earn people won't share it that easily. If the guides involves fraudelent things like abusing the system etc. forget it. |
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To do a decent marketing you need much money to promote your business or brand everywhere and especially on the most important places, where you know it will give you a decent return. There are different kinds of marketing and some of them need more or less money to be successful. Social medias are helpful, but there are more efficient ways to promote online.
I believe that social media can reach a bigger share of the prospect market, that is if done right. We have to be careful that we get back what we invested in paid traffic although there are also many ways to generate traffic for free. Facebook right now is geared too much on paid traffic as it is flexing its muscle for members to pay their ads, pushing Facebook groups aside that is why some are saying FB groups are getting to be almost worthless in generating interest and possible conversion. Instagram is still hot while Twitter can still be good. Now, I am interested to know what are the "more efficient ways to promote online" you are referring to. Care to share so we can benefit from them?  Yes, I agree social media marketing are proving its effectiveness now a days by giving good results. Besides, affiliate programs are all time working way of marketing, it got too efficient through internet. Affiliates marketing basically works on the concept of creating a team for ourselves to promote or products/services. People work for their commissions but the benefits are always belong to the owner's. These are examples that the development is found all around. In the past people went door to door for marketing needs. Then they made their products and services reach public through telephonic calls and now it seems to be the time for internet marketing, mainly through social media. Even a single person can easily make a brand and popularize it through Instagram and other available platforms. Because technology has a great impact in our generation. It changed almost all of things making it easier for us and internet maketing is one of that. Even now many people are spending at least 8 hours or more in the internet. Most marketing teams target sites that most people spend their time like facebook,twitter etc. For the bitcoin related companies, bitcointalk is more popular to get advertised at. |
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