Most of the winnings I save for the future and with some of it would gamble again hoping to win it more and sometimes I succeed and sometimes makes losses but its good to gamble as if luck favors then it can bring huge profits for me.
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Neither I am full time trader nor I am a good trader so if I have to invest in altcoins then I will go through altcoin section on this forum and will see the speculation made by the users and accordingly take my decision of investing in any particular coin.
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If you want to increase your bitcoins quick then go for trading or gambling where you can earn good amount of money in quick time but it also involves great level of risk but if you want to make quick bucks then that risk should be taken.
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I am selling every week what ever the price is as i have to meet my family expense so i convert them to fiat currency and use it on my daily life family expenses. But in my view if you have bought on low then it is a good time to start booking some profit on every rise.
Even I follow the same strategy as if I see higher price then I will sell them on the spot without waiting for future rise as I have bought bitcoins at cheaper price in the past and now I am earning good amount of bitcoins from trading so whenever I am in need of money I sell some of them and buy it again when price goes down.
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I was expecting to have Bitcoins accepted in restaurants, hotels, petrol pumps also. As your post describe that some of them have started accepting Bitcoin, i hope it shall be accepting by all major shopping malls and other sellers in forth coming days..
It would be great if acceptance of bitcoin gets to a higher level in coming months but the fact is not all countries are bitcoin friendly at a moment and have not heard about bitcoins and if I talk about my country then there is not a single place that accepts bitcoin as a mode of payment and for that to happen in reality will take a really long time and even after that I am not sure whether it will get accepted in future or not.
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Well as of now it seems certain that the price won't be going under 1000 anytime soon, much less 800. ETF is the only thing we really have an idea of in terms of the future of the price of Bitcoin, but looks like at least today we're hovering around the 1250$ mark.
Everything will depend on the ETF approval if it gets approved then price will climb up in coming days but if it goes the other way then price can go down dramatically and no one knows how low it can go and at that point of time we may see that low price of bitcoins but till then fingers are crossed and only time will show what will happen in coming days.
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Advice, tips, speculation please.
Wait 5 years and you will earn more value than with any other inversion at lower risk. Investing bitcoins have become risky nowadays as we don't know which is the best place to invest and what would be an end result of our investments so in that case I would prefer not to invest it anywhere and keep them safe in cold storage and wait for the price to rise and once it reaches to a descent level will prefer to sell them and make some good profits but I will surely not interested in holding them too long and will sell when its giving me enough profits. You don't know what is the best place for investing bitcoins huh? Then i will give you idea. "Trading" it may sounds crazy but it is the best place for investing bitcoin because there is a lot of opportunities waiting there like there is a lot of altcoins to invest and most of them are stable and cheap like ethereum. So i don't believe that there is no place for investing. Overcome your fear of losing money and be a risk taker because that is how you can be a successful bitcoin user. That's correct if you want to make higher profits and if you want to be successful in bitcoin world then you need to take that extra risk of investing your money as only holding will take you no where and it will never multiply your coins but if you invest them in different altcoins then it can give you good sum of profits and it will also help in growing your coins in long run.
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Bitcoin can be earned in many ways like signature campaign, trading, gambling or by selling your services but if you are looking for some good amount of bitcoins then I think trading is the best way to get there as it can give you good profits in short span of time and signature campaign will take care of your basic expenses so if you combine earnings from both of them then you can expect decent income from it.
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At this point in time, I'd rather place that substantial amount of money into other ventures first. Great if you have bought in at around $400-$500 but if not then you need to do some diligent research since we aren't certain whether the price will hold or not. You can throw in a couple thousand bucks but that amount in a largely "speculative" asset? I think not.
Yeah and I think its too big amount to invest and if he invests all that money only in bitcoins then he is putting his money at big risk as anything is possible with the price of bitcoins in future and if he buys at current price and if price drops in coming months then it will be huge loss for him as price may go higher in future but its not assured that it will definitely happen so the better option would be to diversify your investments.
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the price of bitcoin is currently experiencing an increase. I think doing the sell is a wise action. we can get a sizeable profit. then wait again until bitcoin prices up and down. and make a profit again.
Well that is a right thing to do and it will also depend on what price you have bought your bitcoins in the past and if you have bought them at $500 or around it then this would be the best time to sell your coins to make good profits and you can buy them again when price goes down in coming months but if you are looking to make higher profits then better choice would be to hold them for next couple of months. of course the wait could be a better thing. we can get an opportunity to earn more profits. but we must think about whether in future bitcoin prices decline again or not? because it could affect the final result which we have dreamed. We don't know what future will show us it can go in any direction either it can go higher or lower but I believe in simple logic that if current price is giving me profits then I will surely sell some of them to grab some good profits as price may fall in future and at that time I will engage myself in buying more and more coins at cheaper price which can again give me profits in future when price will exceed my buying price.
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To me there is still not any opportunity legit enough that induce me to invest my Bitcoins. Bitcoins are very prone to scam, once you send Bitcoin to someone, you can't claim it back unless one personally know the receiver. So better stay away from Bitcoin investments, soemething relatively better is altcoin investment, trading,etc.
Bitcoin investments doesn't necessarily means transferring your Bitcoins to another person or business but by just keeping your bitcoins in bitcoins and hoping for a price increase is another form of investment and it is risk free. Yeah but people basically call this holding since you are not doing anything with the coins and hence it is preferred that we do something with those coins rather than keeping them idle. There are pros and cons of it though as if we just save the bitcoins then we can easily earn while investing can get profits then it can get loss also. The only proper investment right now is within gambling sites. But you need to do good research before investing in any gambling sites as many sites disappear in future without paying anything to the stake holders so I prefer to invest those bitcoins in trading where I will be taking decisions depending on the price and earn regular profits. Yes, I agree that some sites are closed without paying anything to investors. But in the same time, other reputed sites are paying money to investors. So here finding the best site is your first job and how much money you will invest and how to split your investment in different sites is the second job. Once you invest in reputed sites, i am sure you will get a good profit for your investment. HYIPs are the kind of investment sites that we should avoid because that is very risky even though it offers big returns because most of them are just existing for a few weeks and then they will disappear and stole the investments of their innocent investors.Bu t those kind of scam scenarios can be avoided if the users are good in doing background checking first because that is how they can know if the site is fully transparent which can help for lasting for long run. The fact is people are now well aware that those sites doesn't pay in long run so no one would be interested to put their money at risk by investing in those sites but those sites are still running and scamming people only because the percentage of greedy people is higher in compare to people who wants to earn with a hard work and they keep on investing in those sites hoping to multiply their bitcoin in quick time and those sites keeps on making profits and that can be stopped only if people will stop entertaining those sites.
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i have hear about that bitcoin first is to my girlfriend's classmate, she asked me if i know about bitcoin, then when i first heared that , i was curious about it that's why I research it in google what it is all about bitcoin, it is very interesting although there are many different terms used in bitcoin, hopefully i can absorb this lol Mine girl friend also told me about bitcoins about 2 years ago and shae asked me to buy and invest in them. I ignored her idea thing it is just her stupid ideas she always give, but then i was wrong. Not all girls are dumb as we feel there are many smart girls who are constantly updating themselves with a latest technology and your girlfriend is one of them I guess as she introduced you to the most innovative technology to earn some good extra money and you should be thankful to her for that and I keep on insisting my girlfriend to start using bitcoins but she is not simply interested in it as she tells me that if you are earning then why should I waste my time behind it
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Holding bitcoins for a long time is probably a good idea especially if you bought in at a good price. With that said, you can always buy bitcoins and just keep it on a wallet that isn't connected to the internet at most times so that you will be sure that you'll be keeping your coins in a safe place and that no one will hack or compromise your money. I've been doing the same thing for 2 years now and so far it only nets me profits most of the time.
Holding them for a certain point of a time is a good move to make but if you will never sell your bitcoins then how you gonna enjoy the profits? Even I prefer to hold my coins but won't hesitate in selling them when price goes higher then my entry price and giving me an opportunity to make profits as I can re buy them when price falls in future and I think that is the best way to make profits from bitcoins as we are investing our money into it to get some profits so we should not miss an opportunity to sell them at a right time. Yes that is true. Holding bitcoin and no selling is a bad idea because it can't give you real profits because you just hold it and you don't get the real value of your bitcoin. Buying low price of bitcoin and selling it for a higher price like 150% of your investment portfolio is a good idea for me because that is how trading works; buy low sell high and that what we need to remember and not that "holding bitcoin for a long time". Holding bitcoin for a long time doesn't guarantees profits every time it may go in opposite direction as well if you don't sell them at a right time so buying and selling should be a continuous process in bitcoins and that will allow you to make regular profits and it will also grow the level of bitcoins in your wallet instead of keeping them idle in wallet without moving them to grow.
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the price of bitcoin is currently experiencing an increase. I think doing the sell is a wise action. we can get a sizeable profit. then wait again until bitcoin prices up and down. and make a profit again.
Well that is a right thing to do and it will also depend on what price you have bought your bitcoins in the past and if you have bought them at $500 or around it then this would be the best time to sell your coins to make good profits and you can buy them again when price goes down in coming months but if you are looking to make higher profits then better choice would be to hold them for next couple of months.
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I am buying and buying because I know the price will only go up the following weeks. What happens after that is not clear because the ETF can o both ways.
But to my friends and family I've said buying upto 10/3 may be a very good choice.
If ETF goes in a positive way then we will see much higher price of bitcoins so I think this is still a good price to buy bitcoins and wait till ETF gets approval but the fact is not many can afford to buy at present price as it may be much higher and they would be expecting price to go down so that they can buy bitcoins at cheaper price so buying them now may be risky as we don't know whether price will go higher or lower in coming days.
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Wrong move if you sell your bitcoins right now. You can see that price is going up day by day , so its better to buy and buy bitcoin right now ,to get big return after 3 months.
The price now is at $1,200 and think about if you are going to sell now. We are still hoping for some big investors to invest with bitcoin for this year and for the next years to come. And we'll if you are a long time trader, you will wait for some more time before selling. But I can't help myself sometimes I need to force myself to sell some when there's a need. If you need the money you don't have to force yourself to sell it or feel bad about selling, after all, that is why we have money in the first place so we can store our wealth and use that wealth when we need it the most. I totally agree with you. Wealth should bring joy. And if people want to buy something for ourselves, but now a good time to sell We can't say in such situations, there are emergency happening that we need to force sell some of it. Especially if most of your assets are into bitcoin, since I'm that type of person that I'm not asking any help from other people when it comes to financial. But when I had to sell them out, I will try to recover them too with trading. maybe you could sell it all when you have a difficult situation such great need of money urgently. you can sell yourself thin. but it would be nice if you were to sell it when the price is also good Selling everything at a single point is not a good decision to make as you never know how higher can be the price of bitcoins in future so its always good to have some amount of bitcoins in wallet to sell them its giving you extraordinary profits and sell them in installments when price goes higher to accumulate the profits and rest hold them for the future.
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The most popular investment for your bitcoin is to use them on trading. Grab the chance to buy a coins at a cheaper price and wait for them til they get rise.
To make trading bitcoins you have invest to it really big money. Bitcoin costs really a lot now and not everyone have 1200$ to by a bitcoin and wait some weeks to catch the rise like +100$. I think for someone, who can't allow himself to buy bitcoin for today's price, it's a bit late to start to trade with bitcoin. If the current price is not affordable to buy then its good to buy them in small parts and invest in altcoins with low rates and if the price of that particular altcoin boosts up in coming days then it can give him good profits as making profits from bitcoin will take a long time as price is too high at a moment and we are not sure whether price will go higher or lower in coming days but if you are looking to buy bitcoins then better to wait for few days for price drop. There are many altcoin that can gives you a good profit if you invest if you are not wise in choosing what altcoin to invest you will be lose theres still a risk about buying altcoin so think twice and choose that can actually makes you profit for me top 20 are most of the altcoin the best to choose to make profit ,. You can choose altcoins that are surviving since long time like ETC, ETH, XMR they also have good volume and they will never disappear in quick time and it may take some time for making profits out of them but for investing in those coins is safe instead of investing in any shit coins that may disappear in quick time which would invite huge loss for us and patience is key if you want to make profits from altcoin trading. For a beginner it is not only difficult, but also a risky activity. It is a pity when you lose the coin, which has earned with great difficulty. But investment needs to be done anyway. It is necessary to multiply profits. That's just who trust not know. Multiplying profits is possible only if you multiply your investments as its always good to diversify your investments so its better to invest in multiple coins instead of putting all your money at a single place and that will also minimize your risks of loosing them and even if one coin fails you always have an opportunity to recover your losses from the other one.
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Trading and knowing how to do it is the most valuable and efficient way to get bitcoin. You just need to know what to look out for (the signals) on the market before they happen to be successful.
As price fluctuations were taking place regularly it's good to involve into trading than investing for a better earning. Right now the small difference occurring will get traders a good profit. The price went close to $1290 and right now it's close to $1260. This difference will vary once time changes. So need to move the bitcoin with proper profit margin to earn good. Exactly the price is moving up and down so best way to make profits in quick time is through trading bitcoins as even a small fluctuation can give good profits and even investing in altcoin seems to be a good choice as it can give you unexpected results in quick time if you invest at a right time so trading seems to be a best possible option at a moment for earning descent amount of bitcoins.
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I kinda agree with you but not fully.
You can make much more money in a real life job than you would working on something from home and earning BTC.
Also, bitcoin probably fluctuates more often than real local currency. Right now it might be consistent but we've seen that throughout time it can fluctuate a lot
In a way you are right. because yes bitcoin comes with good things and bad things. Volatily being your worst enemy. Being in a paying job will give you freedom to actually pay your bills and live your life. Price volatility should not be considered as an threat to bitcoin but it can also be an opportunity to make quick profits as traders are making best use of price volatility to make regular profits and I think if there would be no volatility in price of bitcoins then many of users would have quit using bitcoins as they won't be able to make good profits that they are making with price fluctuations.
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Currently, many people realize that Bitcoin it has a high value, and every single bitcoin we have can use to buy something more valuable because the current rise in prices Bitcoin. Saving Bitcoin be a good thing now days only spending the Bitcoin we have just for things that's urgent or useful, but also sometimes people who have Bitcoin was afraid to keep it longer, they afraid the price down and make the value of their assets fell.
If the current price is allowing you to make profits then you should sell a part of them and rest should be saved for the future as price is going higher at a moment but there is a big question mark on the future of bitcoins so in that case holding all of them would be risky if price falls in future and to make bitcoin a stronger currency we should also keep on rotating bitcoins, keeping them simply idle in wallet will not serve the purpose in long run.
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