I am earning good extra money from it and it has surely affect my life in a positive way and now I don't have to think twice before making any purchases.
yeah I get a pretty good profit from investing in bitcoin. you just need to wait a few weeks or a few months and then you get hit with a big profit. I can actually get to every day by trading but I mostly use it for long-term investment Bitcoin is good as an long term investment but you also need to take some benefits in short term by making quick and small profits and that will allow you to grow your coins in long term. |
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Always save some of your money everytime you received your payment and don't buy something useless. These are the easiest way to do, and you can start an investment for the future.
Yeah! I like the strategy to focus first on savings and just later when we have already achieve our goal amount of our savings that is the time to start investing because when you mix the two you will not succeed, it should be one step at a time. That best we can do save money for now then invest and create our own bussiness not all people succeed in it, patience is best strategy you can have and dont waste your money buying anything you don't really need. Having a business can really help you in getting rich in future as you will work more harder to take your business to next level, and your performance will be better in compare to that you give in your job. |
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yes, for me the price of bitcoin could exceed more than now. My prediction bitcoin prices could touch 700USD at the end of the year. bitcoin will continue to grow and I save some bitcoin in the wallet.
$700 is quiet possible to achieve in this year, and if you are confident about it then you can afford to by at current price as it can give you good profits at the end of the year. |
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It would be too risky to quit your job but it would be good for you if you would make use of bitcoin too.
Yeah! it is true that quitting our job is too risky as we might not succeed in focusing with bitcoin. Our job provides us a stable and consistent income while in bitcoin we might lose our money, that's the big difference for everyone who wish to go full time with bitcoin. There are many people who are full time in bitcoin especially the traders who are making good money with it but to get full time on bitcoin you also need high capital to invest at initial stage. yeah though it is risky to be a trader at the moment, in my opinion they never can earn any steady income unfortunately Being a trader, yes you can go full time but the income is not guaranteed for everyday profits. Trading is a good way of source of income but it depends on how you trade the outcome would result in your trading skills and decision making. Quiting your day job just to go fulltime in bitcoin is a very risky thing to do. To be successful in trading, you need a lot of experience and knowledge in it. It cannot be done in a day. So before you quit your job to do trading, be sure you are already well versed in trading and can sustain an income. Otherwise, do it both so can have an income while mastering trading. I think its better to earn from both of them as depending only on bitcoin can be risky, price may go very low in future and that will result in low income which may not take care of our expenses. |
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We cannot predict that as we know that bitcoin price has always been changing. What if after 20 years bitcoin is no longer valuable or existing anymore. Or what if its price subside and you needed like a thousand bitcoin to ensure your retirement. But what if we only need just only one bitcoin to secure our retirement. So better to save as much bitcoin as you can have. Time will tell.
It depends on how much money you want to retire on but the best way would be getting a lifetime investment option with bitcoins you have. Some websites close and say they got “hacked” and some places keeps going strong for like 5-6 years now. Evaluate your options well and invest your bitcoins to somewhere. Or better yet just put away certain amount of fiat to buy bitcoin with every month for 20 years and I am sure you will be a rich man in 20 years time. Exactly and it will also depend on the country you are living in, you can plan according to the cost of living, if cost of living is not too high then you don't need higher amount of coins for retirement. |
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do 50/50 , 50% for savings like using it for emergency and 50% in investing but you need to have good knowledge where to invest your money cause it will go down or the worst part lose it all when you dont know where you putting your money at. Just start with saving first and if you feel like investing there are many online tutorial to start off you dont need to buy books but if your comfortable reading books much better.
I'd rather save my bitcoin instead of investing it in online investment programs, all of those has a tendency to run when they got plenty investors... Instead of investing on those, maybe I could try investing on real life investments like buying and selling things that I sometimes use... That way I could be sure that no one will scam me and I could use those items if I want to..  That's right invest money in bitcoins but never invest bitcoins in any online site as chances of getting cheated and scammed are maximum in it, better to invest in bitcoin and hold it for the future. |
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Gold is something unknown for me cause i don't know anyting about earning money with gold, better to start working with bitcoins, cause i already know someting.
You cannot make money with gold on regular basis that you can do with bitcoin, in fact you can also earn bitcoin but with gold you have only option to buy it. |
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There are lots of time to reach 21 BTC. Bitcoin wont be gone tomorrow and it is here to stay for eternity as long as community have faith in it. So having the luxury of having BTC for a long time, I can say there are lots of time to reach that 21 BTC goal. Just work hard and focus on getting it and i believe everyone can as long as they do not stop.
Achieving 21 btc is difficult but not impossible, if we work hard and give our best efforts then one day we will be surely holding that amount in our wallet, constant efforts will help you in achieving that goal. I've been using bitcoin for 2-3 years and I had reached 21 BTC, even more than 50btc. Initially it does look difficult. but over time you will be able to get it. because the experience is a good strategy. Wow, that's a great amount to hold, 50 btc is huge, not everyone can manage to do that in 2 to 3 years, I am into bitcoin since last 1 year, and at a moment I have only 3 btc, but may be in future I will achieve that goal. |
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I wish I could spend bitcoins in my local area. Unfortunately there not even a single merchant who accept bitcoin in my town. Although I am accepting bitcoin in my business (domain name reselling) and since we trade on international level, it’s far more profitable as compared to traditional wire transfer or even with paypal. I think if couple of giant players (like amazon, paypal) decide to accept bitcoin then we would see impact on small merchants too. The day in not far away when we would transact with bitcoin regardless of our location because everyone would have sense of bitcoin.
Same is the problem with my country. I can also not withdraw bitcoin in my country as no one knows about bitcoin in my country. I spend Bitcoins online and buy digital products online. Which country you belong to? Even no one is aware in my country yet but I can easily convert my bitcoin to local currency on localbitcoins, and it is operating in most of all countries, so you need to check on it. |
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Mainly as an investment, holding for the long term.
why you only make bitcoin as an investment only? what's the reason? have you ever thinking to consider bitcoin as currency? or digital currency at least? bitcoin are spendable almost everyhere around the world currently , some people even call bitcoin as the future of global currency. Bitcoin is mainly used as a digital currency and not as a physical currency and that makes people to treat it as an investment and in future when people find direct places to spend they will start using it as a currency. |
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Is the bitcoin price crashing? $500 is a huge drop for bitcoin.
Will the bitcoin price go lower than $500?
The price is still high compared to last years price so I don't think that is considered crashing. Say it crashed if the price go lower to 300$ Exactly people who bought at $250 in the past would be still satisfied with current price, as even if they sell now they are into profits and I don't think price will go to $500 level in coming days. |
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$564 is not a bad price to buy at. Since some people are saying it is better to get then while they are still below $600 makes complete sense to me, especially if you don't have any at the moment like me to be mad if it goes down any lower than this right when you make a buy.  Any price below $600 is a good price to buy now, I believe the price will rise this year or at least be back to the $600 level. Just don't hesitate to risk and gamble with the current opportunity to buy of the low price. The bitcoin price at the moment is below $600 which is a good opportunity to buy some coins. I would not sell my coins at the moment, better to save them. Prices will rise again. yeah I also think that while the price of bitcoin is still below $ 600 then I think it is a fixed time to buy because a few weeks ago bitcoin bitcoin fairly high price exceeding $ 700? and very likely the price will return to the high price? is it you want that high price? Definitely we can still see a good price of $700 this year, once the price starts to pump it will even surpass that amount. I like that the price is now very low because we have the opportunity to buy, just believe that the price will rise so you will not hesitate to do the decision of buying more bitcoins today. Yeah price is relatively low at at moment so we should buy some coins right now as even if it touches to $700 in this year we can sell at that time and earn good profits. $700 is very easy this year, I know we can see that price and we can make profit when we buy at the current price. Price is getting lower but not a big fall so I would say we should risk buying in this price. Any positive news could lead the price to rise again and I am waiting for the Chinese people to buy more bitcoins to see another pump. Yeah price will rise in the end of the year so I think we should keep on buying at this stage as price is really good to make some investments in bitcoins. I agree with you man, it is the best strategy now to keep buying bitcoins and consider it as our savings. I think holding it for a year is a short term investment which has the possibility of giving us a good profit. Just be serious on your goal in the future so you will be more encourage to buy more bitcoins. Price is low at a moment so no one will prefer to sell their coins at this stage, in fact this is the good time to buy some coins as it is predicted that price will touch $800 in this year. |
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I bought yesterday when price was around $560 level as I thought this can be the lowest price as of now, and today it has reached to $575 so I hope the rise will continue in coming days.
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We really need more patience before selling our coins also in buying... The price is stable around $530 to $550, I will not sell my coins unless it reaches the $750 which is my target. I'm willing to wait because this is my way of investing...
Really? The price hasn't gone below $550 in the last two weeks, so I'm not sure where you get your $530-$550 number from. Care to explain? Yup we haven't seen price below $550 in past few weeks and at a moment price is at $575 and I think its still low price to sell coins, So I will hold for some more time and sell few of them when it touches $700. |
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i think going full time on bitcoin is good way to rich, some people who earning bitcoin in first time now have more money because in first time we can earning 0.02btc just from faucet
It is not good because there is no single signature campaign who will allow you to post more than 100 posts per week and if you are doing trading then price of coin will decrease as well. And if you are doing it as a part time you will earn that money as bonus. Yobit allows you to do that as long as you are not spamming, it is a hard work actually but if you are enjoying doing it you will not notice the time consumed. Take it from me, but I don't really my expense in my earnings because I have a day job to take care of that. I don't have a job, I am full time trader in bitcoin, and I am making good money from it on regular basis which is higher in compare to the salary that I used to earn, so it was a smart decision to quit my job. The fact is yobit have now stopped accepting new participants so that option is close and I don't see many active campaigns at a moment from where you can start earning bitcoins. and i confirmed that yobit dont accept anymore new participants on their signature campaign. There are some active and vacant signature campaigns out there just go to the services section and you would definitely find vacant sig campaigns which is a good way on earning bitcoins here in this forum. You may find signature campaign to earn bitcoins but the point is will those earnings take care of your living and can you afford to quit your job for that low amount? No. Why are you guys taking signature campaign earnings into consideration as a one of the reason to quit your job? I think is better to focus on your job and just enjoy posting here online and so we can also learn on the updates and serious methods to earn money. not a good reason if you leave the job and focus for the signature campaign, I think the post does not require much time. taking full time for bitcoin, at least if you are a trader or large investors. |
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I am planning to trade and then hold for the long term.
I think it's a good idea, pal. Because trading and hold bitcoin is the safest way in my opinion of a scam or fraud. However there is also a risk of it, but you can minimize it by learning about trading. IMO Yes, bitcoin is really helpful for holding because of crypto currency and also holding is most better way because it is a easiest way and we can make profit without any hardworking. So far as trading, it is best way to get experience of online business. Trading will help you in increasing your coins in your wallet, so its always better to trade with them instead of simply holding, as holding will not grow your coins. |
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Yes bitcoin is accepted in my country and I don't find any problem in using it, even if I have to convert it to local currency then there are many exchanges available to transact instantly.
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It is enough for retirement?  Yes, it is really enough for retirement, but if before retirement bitcoin might be finished than you retirement assets has been destroyed so make a good decision and than follow it, also you know in future bitcoin suddenly come at $1 than your 21 Bitcoins will be equal for only $21, so it is not enough amount for your retirement. But i love bitcoin even it will be at $1. I don't think you will keep o n loving if price comes to $1, as many people will get bankrupt and start hating bitcoin if that ever happens in future. |
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I don't believe in bitcoins. Just mostly more at lisk and waves)) Or etherum
LOL, altcoins would not exist if without bitcoin, if you believe in altcoins then it is just right that you will also believe in bitcoins. Bitcoin is more stable that the others you have mentioned and it has been proven for many years of its existence. and all of altcoins are the copies of bitcoin and people know altcoins because of bitcoin, and those altcoins which are mentioned in his posts are much weaker, if he really want to invest in altcoins then he should have to search for some stronger altcoins which have the ability to stand for longer just like bitcoin, Do you think an altcoin will be there like that? At this stage I can afford to invest only in 2 altcoins which is drawing attention of all users and that is eth and etc where there is full possibility to make huge profits in quick time. |
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For speculation? To buy on the dark web? To buy online on sites like purse.io? To send money? To do business? To have your money under your control?
What is/are your purposes when yu buy bitcoin?
I prefer to earn them instead of buying. I do not know what dark web is but I do not want to know, seems evil thing. Some of my friends exchange their amazon gift cards to bitcoin and then withdraw it afterwards. As for me I save it and buy some altcoins and have some for investment. Before I buy bitcoin to invest it and have some bet. Then I was informed that I have them by earning them. Amazon gift cards to bitcoin? I thought that was the other way around? Before that is the idea. Just buy and buy until you are satisfied but now there are different ways for it to be earned. Yes bitcoin can be earned in many ways and it will depend on your skills and your dedication to how much to earn, and to be honest I feel that earning is always better then buying. but at the times when the price is much lower and you are sure that the price will increase more higher sooner then I will say in that times buying is more better than earning, as with earning you will get bitcoin in slow process while if you buy a bigger amount then then with price increase you will get the profit much faster. Agreed, but there are many users who cannot afford to buy even if price is lower as their income is not too high and they have responsibility of their family, in that case they will prefer to earn maximum. |
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