Lol so the op want to keep our btc and not spend it. Whats the point of having bitcoin? Just wait for the price to rise and then sell it. Keeping bitcoin is a good investment but the fluctuation doesnt favor to us. So some just panic sell it to avoid losing.
I think everyone has their respective destinations in buying and using bitcoin. maybe you're using bitcoin to grow but there are also people who buy and then hold it alone in your wallet and then sell when the price is high I thought it would be safer and you can profit from it Holding will give you profits in future for sure but it will not grow your coins, instead if you put some money in trading then you can expect higher amount of coins in your wallet which will give you higher profits. |
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I wont quit my day job and go full time on bitcoin. I am thinking why should I quit my job if I can do them both at the same time. I always believe in multiple source of income. Even if my job in bitcoin surpass the earning of my daily job, it is so assuring that you have multiple stream of income if ever one source become unstable.
That's the right thing to do, if you are able to earn from both of them then you should go for it as it will help you in increasing your income and add more value to your wallet. Not to mention that you could still practice your profession if you don't quit your day job... There are also lots of opportunity in real life that could make you earn bigger, but if you don't have opportunity in real life and you don't have a stable day job, better go full time with bitcoin.. Yeah if you don't have full time job then bitcoin gives you an opportunity to earn good money from it and if you work on your skills then you can earn better income in compare to your day job. |
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i am usually spent my bitcoin to buy goods that i need
also use it for trading to get more profits and collect hold it for future
as investment to get higher price
Here in my country you can not buy good directly in bitcoin we need to exchange it to fiat first before we can buy anything but in online shopping we can used it directly without exchanging to fiat and also we can used it to pay our bills and loading our mobile phone. Yes the usage of bitcoins is limited at a moment, but that is not a major issue I think as our main focus at a moment should be to earn maximum so that we can take more benefits in future. |
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If I have 10 btc then I will open a coffee shop with it and will also accept payment in bitcoins, that will eventually help people to get aware about bitcoins.
to me that is a good decision, through this people will get awareness about bitcoin they will also invest their money in bitcoin through this way the bitcoin users will increase and thus your fee business will also become profitable, i my self going to invest bitcoin in opening a currency exchange in our local area where i will also accept and exchange of bitcoin. I think you pretty good idea. but the question is, is it 10 BTC enough for use as capital to set up a cafe business? I think you need the money more than $ 10k to make a shop or cafe. to exchange maybe it will have an easier capital? There are many countries where you don't need huge capital to start a business, 10 btc would be enough to start a cafe business especially in third world countries. |
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it is hard to make bitcoin disappear right now. BItcoin is getting more and more popular and its price is increasing day by day. I have seen many people use bitcoin to buy stuff, pay bill, tax. And although my government ignore bitcoin as a currency, i always believe that one day, they will accept it  Yes, because now bitcoin is going very well, so in this time, we don't think that bitcoin can disappear. But one think is that if bitcoin disappear, so most of other crypto currencies are here we should use it, and may be bitcoin will be come on other crypto currency. But we will face the lose if bitcoin die. But now i don't think that bitcoin die, i am certain that bitcoin has a bright future. You are very diplomatic in your thoughts, and I think bitcoin is still in its primary stage and it will grow more in future so I don't think there is any scope for bitcoin to disappear. |
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Both have their uses. I prefer more crypto because I and only I am in charge of all of my money. Whenever I like I can make a very large transfer without giving account to anyone. Its not the same when you go to the bank and they ask you all sort of things if you wanna move a large sum of money internationally or even locally sometimes. I cannot live my life without crypto that for sure but also without USD which is my currency. Crypto is better as is anonymous and it makes your life much easier.
Crypto is good for online transfers and for online shopping as it involves very less fess, but for buying physical things I still prefer to go with fiat as its very easy to use and it is accepted everywhere. buying physical things can be done through online,i think you're talking about offline transaction,and to be honest bitcoin is not that effective for offline transaction but for online transaction bitcoin is number one it have very less fees and also the simplicity and not going to face the complexity of needs to upload your govt documents Yeah bitcoin is the best for online transactions and its far better in compare to credit cards too, but we also need fiat as there are some places where only fiat can take care of us. |
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simply because the price will eventually rise. Requires patience. But in the end you are most likely going to profit through out all of this so yeah.. (profit is going to come , depending on the situation. in our situation right now , i believe btc is going to rise)
Yeah patience is the key to profits, if you can afford to hold it for long term then you will definitely make good profits from it in future as price will surely rise in future. |
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First of all, it’s fast. Plus, there are no chargebacks. So, it's difficult to be abused that often happen with credit cards. Bitcoin transaction don't require me to give up any secret information. And it allow to keep anonymity. Anyway, I feel safe using BC.
I also felt it was time to use the BTC. By bitcoin we can make transactions without disclosing the true identity, and it makes me more comfortable and secure. IMO Yup that is the main reason why people are attracted towards bitcoin, as bitcoin gives them privacy to transact and also it has least fees in compare to other payment systems. |
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Unless there is a problem with bitcoin in some way then I don't see how it could reach $1. If however someone offered to sell bitcoin to me for $1 I would buy as many as I can and invest them.
but to me if the price of bitcoin dropped to 1$ then there must be some thing seriously wrong to bitcoin therefore i will not be welling to buy bitcoin in such situation, to me if bitcoin really fell down to 1$ then it will be consider as dead and no one will taking interest in bitcoin anymore. Yeah most of the users will prefer to stay away from it and will prefer to see how bitcoin reacts after that massive fall, if it again starts to rise then only it will be wise to invest in it. And that is why you/most will never make serious money in crypto. The time to buy is when there is blood on the streets, when others are fearful etc etc. If people have already lost huge sum in bitcoins after falling to that price then I don't think they will be in position to invest some more money in bitcoins at that stage. That's true, with that amount it is already dead and the bitcoin economy will no longer survive with that hard fall. We have already reach success now so with that amount of the price of bitcoin people will no longer aggravate their loses and declared themselves that they have lose their money in bitcoin. Yes and its hard to believe that people will show any interest in bitcoin if they have lost everything in it, but the people who wants to enter the bitcoin it would be the best time for them to buy maximum coins. |
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Price is falling down right now, and i don't know what to do, i think it's time to buy, cause price will rise again for sure, but we just need to know when.
yeah i think the current price is a low price. I think if you have not bought it. buy the one before the price goes up. if you already bought. stay calm and be patient. Sure the price will rise soon Falling and rising has been seen multiple time in this year.it is best to buy it ,if its price has decreased and wait for a week to sell it. If your goal to hold at least until the end of the year, is now a good time to buy. I'm sure the price will increase at the end of the year. or hold for the future, the current price is fairly low, so it really is better to buy while prices are in the $500 range Yeah, i agree with you. I'm sure the price of bitcoin will increase at the end of this year, the problem is if you buy bitcoin right now, it will takes a long time to wait until the end of this year. I think it is not a good time to sell your bitcoin, price is tanking, might as well buy more bitcoin because i think bitcoin will increase in the next week. And if you have knowledge on altcoin trading, better use your bitcoin there to multiply it at least. Then convert it back when the price of Bitcoin meets your selling price. Time to take the opportunity to by bitcoins now because the price is increasing and this is good sign that the price will increase this month. Just sacrifice a little to gain some kind of profit doing some short term investment. Yeah price is moving slowly up now and lets hope that it gains some more pace in coming days, so depending on that I think I will prefer to buy some coins at current price. |
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I'm not going to sell mine again. I did it for so many times and now I totally regret it. Now I am aiming to keep earning until I reach one Bitcoin. It's going to take long, but it's totally worth it in my opinion.
if you believe in the future of bitcoin prices will rise very high, do not ever sell your coins and keep to earn productively for several years. after the right time comes to sell bitcoin at a very high price. Selling right now cannot be profitable as price is not too high at a moment, but selling never also sounds weird as we all are here to earn profits, so we should sell our coins when the right time comes. profitable or not, depending on when you buy at a low price. I buy bitcoin under $500 when it's hoped halving could bring price increases high. so now if I sell is still profitable. but the right time to sell at least when the price is above $1000 for me. Yeah its better to hold them for some more time as many us are predicting that it will touch that price at the end of the year or in the beginning of next year, so selling at that price can be even more profitable. |
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Always ı make invest because if money stay bank or under the pillow then this money useless .even 1 ¢ Iwill make invest
You made the right choice, investing will give you a good chance to grow your money as there are a lot of opportunity online and with bitcoin alone you can easily make money in the future if you will put a decent amount of investment. I can already see the future that bitcoin will be popular globally. Investing in bitcoin is the right thing to do at a moment as price is not too high and once it gets more popular in future we can expect much higher price of it and will give us some good returns. |
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much people say this because is lost money in trade
bitcoin price down lost and reduce capital money is very sad agry so say this
That is right. If many people can make profit of out the bitcoin, they will not complain. However, if they do not make many profits, they might still complain. People do complain even though they are making money because they want more, humans are greedy and we are not satisfied of what we have now. Bitcoin has been so amazing as it gives us the opportunity to earn and invest at the same time if we are hard working. That's true people will never be satisfied with their earnings, they want more and more and when sometimes they go through losses they start talking negative things related to bitcoin. |
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yes we have 2 shops here in our area who are accepting bitcoin, sometime when i need some thing from that shop i visit and do shopping in bitcoin, its really feels very good while shopping in gambling.
its cool for you, i have no bitcoin shops around me and i dont have any places to spend my bitcoins on shopping Where you live its amazing to see already shops accepting bitcoin, but what the shop sells? Anyway i dont remember to had more then 0,15btc at my wallet, i get panic and i need to invest or trade them, i need to slow down and start saving some coins. Well , that's good for you cuz you invest your coins on trading for hope getting some profit (it's good event due new-coins seems rising right now) , in here no one shop has accepted bitcoin as their payment (maybe they doesn't know about bitcoin , or seems lazy to learn with it) Time to control our spending now and wait for the bitcoin to pump because it is slightly increasing now and I hope this will be the start of the pump and you guys should know when to take the opportunity to ride. I hope it will happen so we can see some action of the price going up again, we are already stuck and our investment is growing because the price is not increasing, but they are right we need to be patient this time as it is not sunny days for us and it is part of the game when you are investing. I think the price of bitcoin will increase again in november not now;.. it takes a long time again to see that the price will hit again back to 500 value.. you are patience is the best to do but it takes long time. before we will see the price high, Price is at $580 now and I think it has increased a bit in past few days, and if slow rise continues then we may cross $600 level once again very soon. |
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My plan is holding as much bitcoins as i can and then when the price is going up maybe after some few months, we can sell our coins for high prices
i think you have to wait at least 1 year to make good profit from sellig your bitcoins. price will not go up so much in a few months We really can't tell. 1 year or less or more so you have to risk on something that you really don't know so for me why not try to put up your own small business and keeps rotating your bitcoin with profit of course If you want to rotate your coins better option is to invest those coins in trading it will help you in multiplying your coins over a period of time and you can earn good profits in future if you have more coins. This is also what am i actually try to do by now. Instead of just waiting i try to rotate some of my bitcoins and hopeful to gain a profit from it. trading really is something good because you can multiply your earnings in a given short period of time with cautions of course. Honestly its not the major way to rotate your coins to multiply it trading still have a risk you can be still lose if you don't know how to manage it.. But if you are newbie you can learn how to manage it you will lose in the first time just start in small amount and don't what you have done before.. Knowledge is the best investment that you can use for your future.. yes of course knowledge if you have enough knowledge in trading then you can surely benefit a lot from it. I saw big whales in trading earning too much that i have ever imagined. You will see higher profits in trading only if you have higher capital, you can take benefits even from small fluctuations and trading can really make you rich in bitcoins. |
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This was really also my main issue. Yet i still do not consider investing. I only invest time and effort, a little bit of hardwork will do. Earning your bitcoin through hardwork will always be the best thing
Yes, honest and hard work will always pay you in the best possible way, its better to play safe and keep on earning guaranteed number of coins instead of getting greedy and loosing it all. |
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Yes, but you should not rely completely on it.
Why not to rely on it if you know you can earn enough to make a living with it? Bitcoin is not a currency like altcoins that can disappear in a minute, it is the king of digital currencies so if you have a source that is generating enough bitcoins for you to make a living with it then you can completely rely on it. Yeah if you are managing to earn good amount of bitcoins on regular basis then you can surely depend on it for living and I think many people are doing it successfully since long time. |
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I would hold out and wait patiently until the price rises back to what it was before.
yeah I think it is better to wait and see situation before taking a decision. if you want to buy make sure the volume of exchange is not always down, and then i will buy it Exactly, if bitcoins drops to that amount then all we can do is to wait a bit and see if the problem which made it reach there gets solved and whether it can grow again or not, if it starts growing again then that would be the best time to invest, and if it does not has any potential to grow again then moving to another thing would be better. Yes and if it falls that low then that must be really a serious problem behind it, and investing on the spot would be wrong decision but if it starts rising from there then we can afford to invest in it. |
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Spending them doesn't sounds great, in fact this is the time to grow them to the maximum, so if I have 21 btc I would surely invest those in trading and try go gain profits from it.
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No I am not spending as there is no physical place where I can spend my coins, so either I am spending it sometimes online or I else I prefer to save them for future.
Yes pretty similar with me also,there are no places offline in my country where i can spend my bitcoins.But yes some times i spend them online,because thats the only place where i can spend them. Doing mobile recharge is the most common thing where i spend my bitcoins, because it doesnt require much bigger amount and also really useful. Yeah and most of the users are spending them for mobile recharge as there are not many options to spend them, even if you want to buy some things online then it will also depend on which country you are living in. That is what i do too, as the guy above mentioned that there are not any physical places available for spending our bitcoins so we don't have much of an option, but we can recharge our phones with them which i usually do for recharging my 4g, except that i don't spend my coins anywhere. If you don't have an option to spend then ultimately your are saving those coins for future and that is the best thing you can do with your coins, as price will rise in future giving you additional benefits. |
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