Basing it on my personal experience I don't think that all people can manage on focusing both earning Bitcoin and working on a regular job. Sometimes even me as a student is always busy in the school even if the classes are over I still have school work to do. Also one of my friend who is already working can't even complete the minimum requirement for his signature campaign as he told me that his work is tiring him not to mention that his time is also taken away from commuting going to work and going back to his home. As you can see not all can manage to focus on both.

You are too confident that Bitcoin will double in value in just one year, it is hard to make assumptions without a factual basis in your answer. What I like about you is that you are optimistic about investing in Bitcoin but sometimes the optimism of a person can make him lose a lot of money. It is better to make your trades based on your own analysis and not based on what your gut tells you.

Well it is really the only way to be rich in what you are doing, if you are scared to invest your own money then you are stuck in only relying on your own salary. With that kind of future I am afraid that you will be only an employee for the rest of your life, people who wants to get out of the rat race are people who are willing to risk their own savings and capital as they are afraid that one day they retire they don't have anything to depend on but the money that will came from their pensions or their retirement funds (if they have any).

Gaining more knowledge is nothing if you end up failing in what you are thinking to do. A successful business is built by massive amounts of planning and during the development you they will need a lot of improvement in their plan. As you can see if you don't have the way of implementing the knowledge you gain in what you will do you will end up earning nothing in the process.

Even if you have earned 2000$ from that trade you won't be considered rich as you are not financially free. When you look at the volatility aspect of Bitcoin you will see that it may take more than a week for Bitcoin to recover fully and not all people have the luxury of time to wait that long. To keep it short Bitcoin is not an instant way to get rich as even though it is more volatile than any fiat currency it is not enough to make someone rich overnight. The only ones making Bitcoin rich right now are the people who are already rich.

Buying Low and Selling high actually is the main point of both Trading and Investing because that is how you profit in the first place. Also trading is not called "short-term investing" it is a different thing, in trading you based your buying and selling decisions in the technical aspect of the asset while in investing you are basing your decisions in the fundamental aspect of the asset.

I totally agree with you. Going all in on something that you don't fully know has major consequences as the risk will be at its maximum because you are not prepared at what might happen. Spending more time on learning how to trade especially learning how to analyze charts is a much more effective way in reducing your risk and increasing the chances of you earning something from Bitcoin.

Are you even thinking what you are saying? Buying Bitcoin is so risky that I won't even consider it as some kind of "investment" but it is a form of " trading" in which you can profit from it more in a short term period. Also it does not have the same risk as the stocks in the stock market have in fact Bitcoin or any other cryptocurrency has more risk. Compared to stocks in the stock market that most of them have a stable price because the price of stocks are the reflection of the company's performance.

I don't think that you have understand the topic or the question fully. OP is questioning you if you will accept Bitcoin payment for your salary in the replacement of your Fiat Currency? Why or why not. For it is a matter of risk if you are willing to accept Bitcoin regularly as a mode of payment for your salary as you are trying to get more while taking the chance to get less with what you will receive as your salary because of the volatility involve with Bitcoin.

Having an influx of Bitcoin in another country does not instantly improve the economy of the country who receive the Bitcoin, it does not even increase the "supply of your money". In order for Bitcoin to improve the economy of a country it needs to see Bitcoin as a mode of payment not only by its local citizens but also the tourist of their country. With this kind of transaction we will definitely boost the economy of that country in terms of income for the government in the form of taxes.

I don't think that the creator of Bitcoin's main purpose is to replace Fiat Currency but I believe they created it as some kind of alternative to the payment methods we have right now. Being a true believer does not mean using what it is intended to be, you can be a true believer of Bitcoin just by buying or holding it in your wallet for the purpose of profiting from it which is another way to believe in Bitcoin. As others in FOREX do it as well as they believe in what they invest into.

Well it does not mean that if there are people who became rich with Bitcoin automatically makes other newcomers a rich person. Let us be realistic here and look at the current situation compared to before. Before you can buy Bitcoin at its lowest price which it was priced below 100$ right now you can't even buy one whole Bitcoin for 4000$ which is really expensive, where if you are hoping for it to double in value won't make you rich because you just have doubled your money. Now the most profitable way to earn in Bitcoin is through trading which is harder than investing as you need to study technical analysis in order to be successful in your trades.

Here we go again with the "banks are threatened/scared of Bitcoin" statement where there is no legitimate showing that it is happening right now. Banks are separate entities which a lot of companies depend their funding from, while Bitcoin as of now does not show that kind of power where it can fund a big company. Banks are also has the ability to adapt and for sure you have seen Bitcoin Visa Debit Card which are issued by different banks of several countries, I don't think that by creating a debit card based on Bitcoin shows that they are scared of it.

I don't think after regulating several cryptocurrency exchanges in South Korea they will ban Bitcoin. Clearly this are rumors which I don't know where you heard it because there will be no factual basis on the news you heard. Additionally reading official news about how South Korea sees the potential of Cryptocurrency in general for its tourist visitors use as a mode of payment and for their convenience in not converting their money to Korean Won will clearly wipe off the rumor you picked off.

I agree with what you have said. I also loved how Tom Thibodeu played the Bench players to start to finish of the 4th quarter, even though Jordan Clarkson was still on the floor Thibs didn't show any interest on subbing anyone out. Shabazz Muhammad for 1.6 Million Dollars per year showed that his performance is bang for the back for the team. I just hope he will show his a game in the regular season and hopefully in the playoffs. Jeff Teague also showed us that he is an upgrade to Ricky Rubio which showed that making dimes won't be a problem without Ricky on the team.

I think you have missed one word to make your statements a fact ant that word to be added is "will". Because honestly as of right now I don't think that the majority of the population has been affected by Bitcoin. In the business sector a few businesses adapted and accept Bitcoin as a mode of payment the rest still only accept fiat currency and cash cards. They barely even see what Bitcoin can give to their businesses. Also I don't think that saving all your savings into Bitcoin is a good idea because it will be subject to volatility which is a really bad idea if you are protecting your assets.

It does apply to all kinds of investments not only in Investing the worst part with this situation is that he made his grandpa invest all his life saving in Bitcoin. It is more of like an experimentation rather than a help for your grandfather. I just hope you and your grandpa won't learn investing in a hard way. As for your part having your own research is a good idea as you cannot rely to any personal views about investing to a random people online even the ones they call good sourced these days are hard to be trusted.

It is really not that hard to look at the future of Bitcoin, and right now I am seeing that Bitcoin won't replace anything yet. Bitcoin is suited to become an option not a replacement because we are talking about fiat currency where it is an official currency of a certain country. That a decentralized currency where the government does not have any control of won't be even considered as a replacement, it is for our own safety as a currency that is volatile will affect their economy greatly.

We cannot really push someone into using Bitcoin if they really don't have any interest in it, you and them will be having a hard time in both explaining and understanding. If your friends really don't have a good use to Bitcoin the best thing to do is to stop pursuading them as you are just wasting your time to them. If I were you I will just explain Bitcoin to people who are really interested in it.

Yes it is possible but will I suggest doing it instead of a real job? Then no. Yes I know earning Bitcoin online is possible in many ways but the one thing I am concerned the most is its volatility and making a volatile currency as your main income can cause you a lot of problems because your buying power will be different from each period you might by lesser items compared to last week and you might buy more compared to other weeks.if you are looking for sustainability than you might need to find a job paying with fiat currency.