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I earn about one bitcoin a month from doing different kind of jobs here around. Most of my money comes from trading though but it's not easy.
Sometimes trading makes loss instead of profit and thats a big setback for me.
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yes i think it can help but not so much, because poor countries have no facilities of computers and internet, and without computer and internet we cannot even think about the bitcoin without internet.
I also think it can help poor countries but in a different kind of way for example setting up fundraisers and then people can donate in bitcoin because in other ways it's hard to reach the more poor people. |
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Trading is this unpredictable because trading requires luck aswell as skill but what most people don't have when trading is skill.
This is why they think trading sucks and requires too much luck cause they only rely on luck.
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Dark marketplaces are just marketplaces which are anonymous with anonymous sellers and buyers (cause all goes via bitcoin).
So naturally this attracts criminals but also authority fishing for criminals in there so be careful when browsing.
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There's different ways to earn money with bitcoin a few difficult and a few easy the difficult ones give most money though.
Trading for example is very difficult but can earn a lot and signature campaigns is easy with low payout.
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If bitcoin rose to 1M I would be rich most likely so I would take financial support and see what my best options are.
Probably I would still be investing in different stocks to spread my eggs and stay rich / make more wealth
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I think that you can only be lucky when trading because we can't figure out what the price is because bitconi's volatile
No you can't just be lucky when trading and you can guess what prices will be somewhat. You just have to analyze the market prices and find a behavior in one of them which is returning and then take advantage. |
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With 20k I would recommend to put a big part in bitcoin and leave it there as you could see even last night prices went up by approx. 20 USD which is a nice profit on this share.
Other big part of the money you could trade with and try to actively gain money over there.
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I hate both these services and that's why I don't use them either. Sometimes I have to use paypal because bitcoin is not accepting in every online store and paypal somewhat is.
But then I see the paypal fees and just get angry at all the money they take.
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It is all about proper impartation of or knowledge about bitcoin and we have to educate them very precisely on what are the benefits that they can get if theycarw going to use bitcoin as a payment
Indeed you basicly have to see it as that they are uneducated about bitcoin so using a system which you are uneducated about doesn't seem to make sense. But if you educate them about it then they will know what it is and the pros and cons. |
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For bitcoin to reach that high amount of value per coin a lot of halvings have to happen and we need merchants to accept the coin more.
If not more merchants start accepting then it's hard to get even over 1k value, so I hope they will be accepting it.
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At 600$ it was a good time to buy yes now the prices are up again and they will continue to show this behavior of going up.
You should just buy as quick as you can because if you ask the question before you get answer the price will be up already.
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I will not quite from my job to get full time on bitcoin, because the payment is more high than earning from bitcoins, it is more suitable for me becoming freelancer in bitcoins than go full time, except i was retired from my job.
I wouldn't go full on bitcoin either and quit my job cause I'd never reach the same salary with bitcoin. Bitcoin is great as a side job though, easy to step into and can make nice money next to your full time job. |
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The price of bitcoin matters very much with bitcoin price it represents the value of bitcoin like any other currency.
So a low price would mean we would be doing bad and it wouldn't attract any people towards bitcoin but now we are doing good.
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I wouldn't like to receive my salary in bitcoin cause if I receive my salary in bitcoin I'll have no ways to pay the bills.
My bills cant be paid by bitcoin so I'd have to swap back and swapping back costs money so no thanks I'll stay with fiat salary for now.
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Bitcoin in my country is not much popular but people know what is bitcoin and they see it from another angle as only hackers use it. But so far I haven't seen a large number of people using bitcoin.
Here also bitcoin is not that popular well actually the people know it but there are not a lot of shops locally that support it. There's not many shops I can pay at with bitcoin but atleast I have options to do that online. |
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I would split it and just put 10k on my bank account and with the other 10k I would invest in the bitcoin but also in the altcoins so you can trade them later for bitcoins.
Trading and holding the bitcoin can be very profitable so that is why you should do this.
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There are now many places when you can buy some illegal stuff and that is because it is easy to pay with Bitcoin and it is also becoming more used and popular so that is why there are now more.
And it will be bad for the people with a bad meaning and the problem is that you also cant stop them.
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You can get rich by easy methods one of them is just by holding the bitcoin for a long term or a short term.
You can now even hold them for a short term because of the halving that is coming this year.
I'm still confused a lot of people say to become rich is easy I would ask. are yourself have become rich from holding it? after all, you have to wait many years to see the price of bitcoin up high. and even then only my prediction. because there is no guarantee that people have had their It is very optimistic thought about bitcoin and investment to think you buy some bitcoins, keep then and then you become rich. You may use other ways for being rich. It's a optimistic ambitious thought but it's probably the one with the most chance of succeeding if you think about it. If history repeats itself then bitcoin will make a lot of wealth for a lot of people and for some they will even become rich if they had enough. |
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I like the bitcoin wallet more than the bank because with bitcoin wallet you will have more control and power than with a bank.
Also with bitcoin wallet you have way more privacy over your transactions than with a bank with a bank they check everything.
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