Exactly, if you are not a risk taker then its best choice to keep them safe in your wallet and wait for the price rise and sell when you are making enough profits from it.
But it takes longer time to making profit from only holding your bitcoin for long time . While you holding your bitcoin , you can spend your bitcoin to trading it helps you for growing your bitcoin than holding the coins. It will depend on individual, either he wants to take any risk or not, but its always good to take some risk by investing money in trading where you have good opportunity to earn quick profits. |
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A friend of my want to give me 3BTC and he want me to pay him back 4BTC in 2month 7days but he asked me what will i do with it, how can i turn 3 bitcoin to 4 in 2 month 7days, what is the best investment that can give me good ROI in that short period
So please i ask for your advice
Most of the investment ways are here, but it is no guarantee that the profit will be return within 2 months, but do try best. In my opinion, you should do gambling, because gambling is a faster way to make money in a short period and your main problem is you have less time. Gambling is also an fastest way to loose money and you should never forget that, its better not to experiment with coins as 3 btc is not an small amount and no one can afford to loose it. |
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If it was me, I'd save about 50%, invest 25% in Bitcoin, and invest 25% in Gold. This is because the 50% you save would be 'safe', but the investment has the potential to grow, or not do so well.
That a good idea where you save your 50% of profit and then the rest 25% are you are going to invest it with bitcoin, but if you are going to invest it in another coin (alt coin) is much better than gold for me , because it easy to gain more profit in trading because some of alt coins are pumping , investment theres no guarantee on it  Gold will give guaranteed returns in future but same you cannot expect from altcoin as if you choose wrong coin then you may even loose your investment in a single day. Of course, but the question is can you afford to invest a big amount for a guaranteed profit. I think most of us here are living in an average life and we are not really a full time investor, we just find ourselves interested in investing because of bitcoin. You can diversify your investment, now you can also buy small amount of gold, and bitcoin is good as if you cannot afford to invest in it, you always have an opportunity to earn it. |
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Instead of quitting your day job why not take both up and think of the bitcoin job as an extra incentive
Absolutely, for me we dont have to choose because both can give us income that can help for our daily expenses and i can manage to do my daily work and spend my spare time in bitcoin so i think this is enough and i dont need to quit my daily job. I will like that if I will get the same amount from both of my job for a specific time then I will choose for both, but if my day job will not give me that much for a specific time which bitcoin will give me then I will leave my day job and will collect more and more money from bitcoin job. Yes it depends on from where you are earning higher, if full time job is paying in peanuts then its better to put your energy and efforts in earning more and more bitcoins. |
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There are allot of ways to earn money with the bitcoins. So if you want to earn allot of money with the bitcoins just take a view in the other topics people are telling good shit over there bro.
True, lots of tips and tricks spreaded around the forum you just have to find the quality posts. Also try to google more on the subject and keep an eye on the bitcoin rates. Goodluck in your btc journey I think signature campaigns are still the best way to earn money though. No risk involved, you're just earning for doing basically nothing but promoting a website in your signature. Great way, and thank you to the campaigns for creating it. It is. Signature campaign is the best way to earn bitcoins because you don't need to spend your real money into it and you only need to posting to earn money with bitcoins. Exactly, there is no investment needed to earn bitcoins with signature campaign and it has become an best additional source of income for majority of us. Yeah and im one of the earning bitcoins in signature campaigns  . It is the easiest way to earn bitcoin except faucets sites haha . It just require an english skill and post a constructive then your good to go , Also you can earn in trading but it requires lot of skills and thinking! Also in Gambling but requires luck, We all are earning some amount of bitcoin from our signatures on our profiles but still we need some other work to do to increase our earnings as the earnings from signature campaigns are limited per week to certain amount and for our living we need as much bitcoins as possible. Yes only earnings from signature campaign will not help you in better living, you need to find other ways to earn it so that you can have enough amount of coins for the future. |
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To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.
Depends on the country you are , because here in my country everytime i convert my bitcoin in fiat there no free depends on what i am using , sometimes i always use banks to exchange with my bitcoin because here in my country our bitcoin wallet are partnered with some banks where we can easily buy and sell our bitcoins Its not possible that there are no fees when you buy or sell your coins, how traders will earn money if they don't charge any fees? I use localbitcoin to transfer btc to my bank account and they charge 2% on every transaction. I understand, though its seem like impossible but also in our country, our local wallet has a feature wherein if you want to convert your bitcoin in fiat they dont charge you for that. it will be directly credited to your bank account or any remmitance center you prefer to receive your money. but if you will use other exchanging sites, then they have fees. If there is no fees to convert your bitcoin to fiat then that is the best thing to have, as it really saves your money in terms of fees, as if sell higher volume of coins then fees will be even higher. |
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Perhaps you could open a loan service in the forum. I think here in bitcointalk this is very favorable, and many are in need of it. But, of course, you have to be smart to choose the customers, because of many fraudsters that may appear.
I had a bad experience with lending someone bitcoin, the person run away with my coin, so i wont recommended open a loan service, its better invest your coin to casino, eventhough the income is slow but it is more safe, or you can hold your coin and sell it when the price is high +1 The only risks in investing in a casino are: The casino closing and the small risk of losing to a whale. IMO the reward is worth the risks. Investing in casino is risky as we don't know what will be the end result, so either I will prefer to hold my coins in wallet or invest some of them in trading where I will be having access to my coins. |
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It could be happen if all people around the world know bitcoin and using bitcoins too. Because without people know about bitcoin, bitcoin will never replaces the money.
There wont be enought bitcoins to all people over the world. Small portion of bitcoin sure anybody can hold it, but bitcoin is the future, and may push the current printed money into a digital money and just, replace it wont never happen. yes bitcoin will be not that powerful that it will hold an capacity to replace paper money, as paper money is too huge in terms of market cap and user bases and that is unlikely to happen. It maybe true that bitcoin will not replace paper money but we cannot say that bitcoin is not much powerful, bitcoin has a power that it is going to replace fiat from online businesses and a day will come that it will start to threat fiat in other international businesses. Bitcoin will be best online currency in future and it may also replace Paypal, but in physical world I think fiat and credit card will rule the world when it comes to offline shopping. |
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Does someone has any suggestions how to make 17 BTC with 7 BTC starting capital in short period of time?
No investment is guaranteed to generate you profits in a short time. The only way is gambling, or trading in BTC or in another currency (but it's basically gambling as well). Trading is absolutely not gambling, it surely has risk as well but not as much as gambling has, and it is proven that trading needs knowledge and experience which gambling has nothing to do with. Can you find gamblers who can proudly say that they use their experience of knowledge to make profits with it? You cannot. But you can find a lot of traders who are earning a living with it and that they can proudly say they are traders. I completely agree. Gambling requires no knowledge and skill in traditional sense, trading does. But the two things that gambling and trading have in common is that for both you need a bit luck and both caries certain amount of risk. Also, gambling doesn't give us a chance to withdraw the remaining bet amount while in trading, we can cancel our trades if they are in loss and withdraw the remaining amount. There are higher chances to win while trading as many experts predict the prices correctly and let us know which currency pair to invest on and even it's the case with bitcoin trading where we can get an idea to buy/sell bitcoins which is not possible with gambling. However, many have managed to double or triple their income with gambling. There are many people who are earning a living with gambling, but its not possible for all as everyone don't have that high level of courage to invest all their money in gambling. There are many people who are earning a living with gambling, but the proportion of these people are just small number of all the gamblers. Yup and not everyone can afford to that as it is very risky to depend only on gambling for living, so its better we take support from trading to multiply our coins which is safer in compare to gambling. |
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Saving your bitcoin in your bitcoin wallet is like investing, Because price of Bitcoin goes up and down . Still i have Bitcoin save in my Bitcoin wallet and i also have investment on gambling site. What i am going to do with my saved bitcoin is exchange it later on when i know i will get profit. and about my investment i will wait for 1 year before divesting it all, at this time my investment already profit from half year investment.
Though it's true that keeping it is like investing, I think I would still prefer to use it to profit, there is a difference between waiting for the price and forcing your money to produce another money,.. It's good if you are investing it on gambling site or whatever that could give you profit, just avoid ponzis and excessive gambling, that's not good for your money... Investing in gambling sites is also risky as you never know how long those sites will operate and genuine sites will never entertain outsiders to invest as they won't be interested in sharing their profits with them. |
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not wasting so much money buying not necessary things is a way of steady income because if you buy almost you like on the internet or in person the money you spend will be a waste better to save it than using it for non usable way. getting signature campaign here and making money giving you profit and additional income to you.
Signature campaign is really good as an additional income and you can expect steady income from it, and I think you should save those earning for future to get more benefits from it. You can also earn by selling your services on this forum and there are many ways to earn bitcoins it will totally depend on what skills you hold, its always good to earn from various sources. |
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If you got in when it was $2 a Bitcoin, yeah. I would eat, dream, and... Bitcoin.
But it is now impossible to get back to the past and we need to move on and going to relay on the current price of bitcoin. And that really means that bitcoin cannot overcome with USD because since the beginning the world knew that it is the most powerful currency of all time. And bitcoin is just relaying also to the price of it with USD. Yeah bitcoin can never replace usd in future as bitcoin is too small and not even as popular as usd, people are using usd since long time and have more faith in it as a currency. |
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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. |
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paper money will not be replaced by bitcoin for 100% because not all people is technical even if we say were in a pace that we are advancing on our technology . some will say that it is too much hassle to use that and some will say its better than the paper money. unless we will have some big time war that paper money can't buy any goods which we will come back to the goods to goods trading like ancient times.
But paper money can be forged if we apply high technology and so can undermine the economy of the state. But it's not that. But digital currency can not fake. Bitcoin cannot be forged but it can be hacked by the scammers, both holds certain advantages and disadvantages and I think both will survive in long run as both holds different kind of users who will continue to use according to their convenience. |
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i don't use bitcoin at all. I try to keep it and wait for its price to go up and then i sell it to get some profit. That is because in my country the government does not accept bitcoin as a currency and it is still illegal to use bitcoin right now to buy food, etc. So my only choice is to hold them in my wallet
I don't think that bitcoin is illegal in most of the countries, even if its not getting support from Government that doesn't makes it illegal, if you can easily convert it to your local currency then everything is fine. |
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People who hate bitcoin are crazy people.
not necessarily those who hate bitcoin are people crazy. I think they still do not understand bitcoin as a whole then they arguably do not like bitcoin so they called the person who hates bitcoin. over time may be people who hate going to like bitcoin as those who have long loved the bitcoin. If they don't understand the concept of bitcoin then we cannot expect them to hate bitcoins, the haters are those who have gone through massive loss in the past by taking wrong decision. |
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yea...I earn living with btc..but not into any project for now...buy how I earn btc is through faucet sites and trading of btc...that earn me much profits....and use it for daily expences..
Bitcoin can take care of our daily expenses if you are single, but if you have an responsibility of your family then you cannot depend only on bitcoins for living. |
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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.
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I dont know why many users said that they will accept their salary as bitcoin.I would defenetily not use bitcoin as my salary. The first reason will be that bitcoin is a highly volatile currency so can not take risk it as my salary because its price will change every time i get my salary and managing it will be really very difficult.
The second reason is that we have to convert my bitcoins to fiat and that will cause the fee,so i will loose some every time. So it would not be a good idea.
For now, that is the situation... Accepting bitcoin as a salary would be a bit of a hassle specially if it is from dollar to bitcoin and then you will convert it back to dollar.. What's the use of receiving it like that and yet you will just bring it back to fiat.. All I could say is that if everything we buy there's a bitcoin price in it below the dollar value in the tag, then I think it is the right time that we should receive salary in bitcoin... That's true but it will take long time for that to happen that we would be able to buy everything with bitcoins and till it doesn't happen its better not to accept salary in bitcoins. |
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I will cash out those 10 bitcoins and with fiat money will start some small business. In my country this is still good amount to have some small start to have decent income in real life. Bitcoin needs lot of time to have that much value what people are expecting for more than 2 years. I will not keep holding but will buy back at later point after making money from my cafe what I want to open.
I think 10 BTC would be equivalent to $ 6,000? may be quite large if you are in a poor state. but if you are in a developed country I think $6,000 is a little money you know I think with such capital you will not be able to make a business like a café? you must have greater capital dude #imo I think its very much possible to start a business in third world countries with that capital, $6000 is not too small amount and it can be managed very easily if you have a good plan for business. |
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