Just recently got into BTC; I have 2.5 saved up. Plan on taking 25% of each of my paychecks and accumulating and seeing what will happen in 2017 or later in the year. Thoughts? Ideas? Speculation? Advice? Tips?  I think I have saved some bitcoins by earning online and by investing from my cash. Your plan to save 1/4 of your paycheck is a good idea if it does not limit you to spend your other parts of you salary. I liked to trade bitcoin for altcoins and vise versa but because of lots of dumps I have paused and I'm stucked with that amount for the moment. Yeah even my amount is stuck in altcoin at a moment and I am in negative at a moment so I am hoping some price rise in next few days so at least it can take me to break even point. |
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Lets say I want to buy bitcoins today and store them for 20 years to use a my retirement fund. Live comfortably, but don't need to buy a yacht or anything. How many do you think I would need to buy?
This question is very tricky because we don't know or don't have the knowledge to predict after 20 years what will happen with the internet neither with the bitcoin. I think that you should count a million dollar equivalent in bitcoin, so around 2,000 BTC or more I think should be enough. If you are a bitcoiner then there is no age limit for retirement, you can earn bitcoin till you are alive, so if you get retire from full time job then you can get full time in bitcoins after that. |
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When you see such proposals, you have to be careful to not end up in some scam. Most of the legit investments often require a lot of time to give you such returns, and be happy if you get it in a few months.
There is no site at a moment that can double your coins in a quick time, its all about making false promises and once they have enough investors they will surely disappear. |
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Do you think that people hate bitcoins why?
Are you hate bitcoins or like it.........
But my answer is I LIKE BITCOIN.
I don't think that people hate bitcoin because to whom i told about bitcoin they were interested at an instant and I can't find any reason why people well hate bitcoin. Yes those who were dealing with btc and suffered loss they might hate bitcoin. the same is from me, I have tried to tell about bitcoin to some of my friends and those who understood it immediately join the community and are trying to adopt it for their uses. They do not have any complaint against bitcoin and are very happy with this currency. People who believes in something new and innovative technology will welcome bitcoins to their family with open arms and there is no reason to hate bitcoins as it is only helping us in many ways. |
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i think in 20 years we will be able to use bitcoin in everywhere for direct shopping and i am sure bitcoin will be acceptable in any local shops or in stores.
Yes that is possible in next 20 years as bitcoin will be more powerful and popular currency by then and at that time we don't have to convert it to fiat for buying anything. |
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If people didn't believe in btc, its price wouldn't have gone up steadily. The numbers speak for themselves.
You are right. Current stable price of bitcoins shows how much people trusts this currency and this trust will continue to grow. For me, i trusted bitcoin from the day one, i started using bitcoins. Yesterday I also though that people like their money in bitcoin and because of that the price got stability and you can see that the price is tending to increase which is a sign that more and more people are coming to adopt this currency Price is stable since long time so I don't think many new users are involve in buying coins at a moment and if that would be the case then price would be much higher by now. |
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In my opinion there are many methods and ways in bitcoins how you can become rich. But best - buy and hold  getting rich times are not part of the current times anymore, unless you have a large enough balance that you manage to grow. the far majority of the people here hold less than 1btc. these people will never become rich. even not when the price goes to $10,000 (which might even never happen). Exactly if you want to get rich with bitcoins then you need to hold higher amount of coins so even if price doesn't reaches to the roof you still have an chance to get rich with it. but if someone has a lesser amount of bitcoins and are unable to get a higher amount of bitcoin then they also have a chance to get rich with their minimum amount of bitcoins, they should have to start trade with their coins and have to search better about all altcoins and have to trade with those altcoins which will have the potential to reach higher in value. You cannot expect profits every time in altcoins as many times you may go through loss too, so we cannot depend only on altcoin trading to become rich with it. |
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No I will not receive my salary in bitcoins as price keeps on changing on daily basis which can reduce my income if price of bitcoins goes lower in future.
i do not think that we will face to any trouble in the future if we receive our salary in bitcoin because bitcoin is going to higher its price day to day . Its not sure that price will keep on rising in future, it may also fall and that also to an extreme level and the fact is what exactly will happen in future so I will never prefer to accept salary in bitcoins. |
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It is very risky to invest via Web, everywhere are scam sites, also of course cloud mining. As special exception, I can make you 10% profit in one week without any problem, but only from 1 - 2 BTC and up  There is definitely a risk and we should not be afraid of the risk, because if we are afraid we will not get a good enough profit from the funds we have. Indeed the site web-based investment scam for sure, but if we don't capitalize on this in a few moments only..?? Risk should be taken but in such a way where we still have an opportunity to make profits, and that is possible with trading and comparatively it is safer then hyips and ponzi sites. |
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I'm using bitcoin only for investment and I never use bitcoin to buy online. I get quite a lot of money in bitcoin, as of the signature campaign, trade, investment and services. It was all very favorable.
Yeah its good to use bitcoin for investment purpose as price of bitcoin will be higher in future which can give us good profits, and at a moment fiat should be used for shopping. |
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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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