At the moment it is hard for me to save some money because my paycheck is hardly enough to cover all current expenses. I have something invested, like little savings, but I hope this will improve in the future. I would like to have some nice sum of money or Bitcoins that I would keep for raining days and give me some more security.
But still you can try to save at least 5% of your salary on regular basis and if you can manage to do that then you will be holding descent money over a period of time. |
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The worst decision I is not buying when the price is still low bitcoin
Very general answer and I think that's what most people will experience too because that's probably the biggest and easiest mistake to make. I also didn't buy when prices were low cause I didn't know enough about bitcoin so my mistake would be to not read up about new technologies cause that couldve made me hell a lot of money. I also realize it, and that is my worst mistake in my life because I missed the chance for becoming a millionaire for instantly just buying a bitcoin at their price is not more than $1... but that is normally caused at the time I just a teenager and not updating about the development of the technology. Yes and that stage we never thought that bitcoin will be this strong and holding such an good price, if we would have bought in bulk at that time then at a moment we would be enjoying luxury life. |
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May be I will sell some of them if price is higher as its always good to have hard cash in hands so that it can be used to invest in real life business and rest I will invest in trading.
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I will accept bitcoin partially as my salary cause it makes it easier for me. Right now I already convert part of my salary to bitcoin so why not have that automated right.
Better to do part then full because days like these it's dropping quite hard and we have to be careful where we put our money.
If you are buying bitcoins with fiat then its well and good as you can buy it when you see lower price but what will you do if you accept salary in bitcoins and you see sudden crash in price, and to spend them you finally need to convert to fiat. |
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I will choose bitcoin wallet above any bank cause with a hardware wallet it's like having money laying in my room instead of having it on the bank where it is at risk of anything really.
It feels much more safe to store bitcoin locally then to put money on a bank and leave it up to the bank.
What will you do if your bitcoin wallet gets hacked? Will you be able to recover those coins again? No, you won't so its better not to put all money in bitcoin as you never know what will happen tomorrow. |
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Bitcoin is really strong and if we can knoe how many people using bitcoin as the moment we can surely half of the world are using bitcoin right now to use it as currency maybe we should create something special to know where country are the mose who using bitcoin so that we can all know right..
If half of the world would be using bitcoin the we would not be holding this low price it would be much higher and I think only 4 to 5% of total population would be using at a moment which is too low. |
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Browsing through these threads, it's very simple. If the price goes up to high levels, it's the year of Bitcoin. If not, then next year will be it. And if by then not, the next year will, etc.  Yeah we need to keep on having faith in bitcoin and believe that price will surely go higher in coming years, as of now we are sitting at descent price so lets hope that we see higher price at the end of the year. |
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You can invest in potential altcoins or good casino sites where you can expect guaranteed profits if you invest in right and genuine site as many users are earning descent profits from those sites.
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My finnaly answer just invest and invest forever withiut and saving money to try earn.Invest was always better to earn money and it will always be forever and it is now so I am investing only.
true, because if you just keep the bitcoin you have, you probably will never develop and know that the odds of another. investment can teach you the importance of patience, other than that you can make money with real if you invest the right place, and could make bitcoin money or do you have to grow each month. Investment is always an better option even though if its risky, to have a better results and profits in future we need to take that risk at this stage as it will grow our money in long run. |
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The best thing you can do is investing into the bitcoin because allot of speculatings about that the price will be very high in the future can be true so why dont we all use bitcoins or just invest something.
If you have a good capital then you can buy bitcoins at this stage as price is not too high but if you are planning to invest bitcoin somewhere then it can be very risky.  It is getting late. It goes up more as each day past. I would also recommend them to buy it faster before it reaches the roof to where it will stand again there and just stay there for like a month again waving. If the bitcoin still has community support and attract more users, the price of bitcoin will be more than $1000 next year. $1k can be achieved buy not so easily, it will take long time to reach there and may be in the mid of next year we can see that price but its not possible to touch that price in this year. |
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
I think it will not happen because many people still do not understand about bitcoin . And many people still do not know how to use gadjets therefore impossible to make it an international currency . And Fiat will not be replaced by any crypto currency because it is mainly used to buy the necessities in everyday living. Yes fiat will always survive as people who are not aware about the latest technology or who are not interested in adopting it will always prefer to go with fiat currency or credit cards. |
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I tried to buy bitcoin for the first time but someone in this community tips me around 0.1 BTC. So I can say I havent bought bitcoin yet. I invested this bitcoin to some trading and avoided HYIPs and cloudmining because there are lots of bad review about them. Im still thankful to the person who gave me that amount of BTC because it get helps me to start with bitcoin.
Well 0.1 btc is a really good amount to start off and you are really lucky that someone helped you at initial stage which made you to gain more and more bitcoins. |
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By bitcoin I can get some money and profits are sizable. That could help my income. I also really like the ease in bitcoin so that I can benefit the easy way. Transaction costs are also very favorable cost me, and I also liked the fluctuation of bitcoin as I could take profit.
Yeah price fluctuation is an opportunity to make regular profits, and as a trader I simply love it as if there would be no price fluctuations there would be no profits too. but also such a disadvantages and the reason why so many company,market,or store out there avoiding to use bitcoin as their payment option and maybe without price fluctuations bitcoin will be more popular than today because so many store could possibly accepting bitcoin but both side of fluctuation having disadvantage and advantage so it's fine Yes big companies who wants to get into bitcoins will surely hesitate by looking at its price volatility, on the other hand, traders will never prefer to miss a single opportunity to make profits from it. |
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I can not spend bitcoin itself in my real life i always do in my bitcoin is to exchange it to fiat before i can spend in different store here in my country because until now there are no stores accepting bitcoin.
yeah I think we do not need to impose to use bitcoin as a payment option for today will be very difficult to find merchants who accept bitcoin. may be different in the future. so now I can just convert it to a fiat first and then spend it Yes and I find any problem in converting it to fiat and spending them as by doing that we can manage to buy anything that we want which not possible with bitcoin directly. Me, I do not find any problem with converting my bitcoin to fiat, though in our country bitcoin is that popular yet but our local exchange has a made a great job of partnering with banks so we can easily cash our bitcoin into fiat. In the future when I can see more merchants adopting with bitcoin then maybe I would try to shop sometimes. Yeah in future we will find many merchants who will start accepting bitcoin as a mode of payment and at present we can spend them online or by converting it to fiat currency. That is correct in future it would surely be adopted already by some merchants in any country since bitcoin is becoming popular as the years goes by which we could finally spend our bitcoin without the need of exchanging it to fiat same as we do as of today. Well lets wait on the progress on bitcoin adoption. Yeah and if we look at the past then it also took long time for many countries to accept payments via credit card but now we can use it everywhere and if future we can expect the same with bitcoins too. We really cant stop bitcoin progress and adoption on any countries since it gradually been known by people because bitcoin is useful and it really gives us convenience especially on fund transfers and does have low transaction fees. Spending bitcoin physically is impossible for now. Yes its impossible to spend physically especially in third world countries, but if you are living in Europe or Brazil then things can be different as there are many physical places that accepts bitcoins. |
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Are you investing your money on Bitcoin?
Do you use Bitcoin to buy things in internet?
You earn money with Bitcoin?
Im here in bitcoin because my friend introduce me here. I was thinking of investing in bitcoin but someone here gave me a decent amount to start with. I haven't earned enough to buy things in the internet. Im sort of just starting out with bitcoin. I am currrently in a signature campaign so i can say i do earn money with bitcoin. Its good to start earning them from signature campaign and over a period of time when your rank will get higher, it will also increase the level of your earnings and you should also try other ways to earn it. |
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IMO, something more advanced will come up by 2100. Some better technology probably.
Yes technology is evolving by day but I dont think it will throw bitcoin out of business.I feel it will only going to make bitcoin stronger.Compare old bulky desktops with new latest slim laptops,they only have increased the number of computers users We cannot visualize what will be the exact scenario in the year 2100, if technology gets more advanced then there is a full chance that bitcoin will be replaced by new and innovative currency. |
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Remembered bitcoin is first and mostly anonymous virtual money,also now investor choosed bitcoin become best asset for invest,until when we must trusted bitcoin become part our life?
We should have trust into bitcoin, Why? it is because the edge of bitcoin is very easy and convenient to use to anyone. The advantage of it, is also general to use in any aspect of business, like in money transfer, payment transaction to those business who accepted bitcoin. bitcoin is indeed good for business like money transfer,but about transaction payment,there's so many company still trying to avoid bitcoin due to volatile characteristic so i can't agree with this point,so bitcoin is good for business but not for all aspects People will not prefer to use it for buying anything, as there is no scope for spending it offline but even online shopping is creating a problem due to high shipping costs. |
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How safe is it?
If you do not mind spending the money to buy a bitcoin, then in the future you might be waiting for a reward for your purchase. Bitcoin is forecast can only grow, although we were witnessing when bitcoin fell very sharply. But the risk can ever be justified. Suggest can be anything, but today bitcoin valued $ 620-640, and spend the money on bitcoin not everyone can. It is better to give advice to finish bitcoin and then success will not keep you waiting. I'm sure the price of bitcoin will keep raising and it's a good plan to invest on bitcoin with your money for now. I predict the price of bitcoin will reach $650. Yes $650 can be achieved in next couple of days, and it will be good if you buy with current rate as everyone is also hoping to see $1k price at the end of the year. |
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Definitely responding to a question about investments, you need to answer in the affirmative that the investment will bring profit. The main point of this question is, where to invest and what to invest. I think that all good resources will not advertise themselves and nobody will give.
Without experimenting with your money you can invest them in trading sites and start trading altcoins, if you can manage that well then you will be getting some best returns on your investments. |
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Try to have a nice job with high salary, and owning some business and with a little extra time on bitcoin , to have some extra income . With this you can increase your chances.
That is a good suggestion. it is better to earn the bitcoin as part of the salary. That is more secure and constant cash flow. Well it is really hard to get a nice job that pays high. Because before you are going to get a promotion or a position that pays higher than your expectation is really hard to reach unless you are really a skilled person and you have what it takes to deserve it. But having one source of income is not enough to be rich you must also be an entrepreneur. It depends on your skills and abilities if how much money you will get from your job, the more skills you hold the higher position jobs you will get, and if you have some extra skills like programming, web designing etc then you can use them online as well to earn some extra money in free times. Yes and you cannot depend only on full time job to get rich as it will depend on what salary you are earning from it, and if your salary is not too high, then its better to multiply your source of income. |
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