Advice, tips, speculation please.
if i would have them, i am sure that i would invest them in bitcoins mining as i think that other investment places like gambling is way too risky Mining is no more profitable now and its an expensive affair and there is no guarantee that you will make profits from it so its better to save them for future. |
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Yup if it reaches to your satisfactory level then I think you should sell your coins without any hesitation and that is the best way to play with your coins.
Some people prefer not to sell anything at all. It is not about satisfactory or the exchange rate of their preference however it is more about believing in bitcoin, some people believe that it hasnt shown its full potential yet therefore keeping it all the time is one kind of things that only believer would only do For the better future of bitcoin I think we should sell them regularly and collect profits at regular intervals but most of the user prefer to hold it for the future. |
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It is good to buy some bitcoin now. The price is being consolidated. After a few months of consolidation, the price will rise.
Yeah its a good time to buy, some might feel that price is higher at a moment but it will be much higher in future which will give us good amount of profits. |
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I will never prefer to get my salary in bitcon as it can be very risky if price falls to extreme level in future then it will give me less payments.
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bitcoin, just like any other currency or money in general, can surely affect your life a lot. if you spend all your time earning it and in the end earn a little amount that doesn't covor your expenses you will have a shitty life but if you spend little time and earn a lot then enjoy the money you got, then you have a enjoyable life.
Whatever amount of bitcoin you are earning should be saved for the future as the value of bitcoin will be very high in future and it will surely affect your life positively. |
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I am earning from campaign since last 2 years and from there I am earning regular bitcoins but I never reached to 1 full btc in wallet as I prefer to spend it on regular basis.
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Don't expect doubling overnight. "In real life" investments produce a few percent per year on average, and the higher the return, the higher the risk.
On average the value of Bitcoin itself has been growing a lot faster, so "buy and hold" has been a good strategy.
Exactly collecting and saving for the future is the best thing that you can do with it at a moment as investing it anywhere has become risky nowadays. And the amount that OP is talking is not really a great amount for investing. If he wants to make that amount to increase it is easy to gamble that than invest if he only wants to have it rush because in gambling you can easily make money when you are lucky but if not then you know what will happen. Yeah gambling is the fastest way to double your coins but there is also an huge risk of loosing it, but you are lucky enough then you can earn good profits in a single day. |
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If you want to increase them then you have a day or two to double your money in LIR, as everyone know that the price of LIR is increasing and within a few days it will double up, I bought a few hundred yesterday and got a good profit till now. and today if I got some money from anywhere i will buy with them also.
Yeah! you can trade LIR in yobit and I think it is only yobit that is accepting this coin for trading. I have tried to play in their dice but does not really have the best of luck to win so I believe trading is the best answer to spend any signature campaign money to grow it. Exactly once you earn good amount from signature campaign then that should be invested in bitcoin or altcoin trading to multiply your coins in long run. |
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bitcoin users more than 1 million people
How can you say that bitcoin users more than 1 million people? because I think no one knows precisely bitcoin users today, even more difficult to start the survey. Yup its really difficult to judge the exact number of bitcoin users and its impossible to calculate it but one thing is sure that its increasing day by day. And actually every holder can create different bitcoin wallets so it is really hard to trace and in general bitcoin is anonymous. The volume of transactions is our only way to determine and make a good estimate of the actual number of people using bitcoin. Yeah its not possible to get on exact figure of people using bitcoin as the market cap of bitcoin users is not too huge at a moment but it will go higher in future. |
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Or you can earn your salary in bitcoin, change to fiat if you need to. Or find solutions which allow you to stay within the bitcoin ecosystem
I recommend this too to catch up with the non-stop increase of bitcoin for this years that will come. Convert your money to bitcoin as long as you can since this will make you rich if you decided to bag all your money and make it bitcoin. Well there are certain measurements that people are considering before they are going to convert there money into bitcoin. And for me it is risky if you are going to work full time with bitcoin and going to leave your full time real job. But if you are not going to leave your full time real job and still going to work for bitcoin well that's good. Earning from both of them is the right thing to do, as full time job will take care of you and your family and bitcoin will take care of future investments. I wish that was it for all of us here, what if your earnings from your real job is not enough for your family and you came here to have an addition to your income.. I guess we need to work hard enough to achieve our goal to have an investment to take care of our future. You are right, what ever is your job. Bitcoin related job or full time job, we must really work hard for it if you want to have a good future. And you must save some money to your salary so that you can start out an investment. Even if a person holds good job with good salary then also everyone will look to earn that 'extra' and bitcoin is helping us to do so. |
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Its going lower because there are more people that want to sell than people who want to buy
At the moment you can buy if you want, it would be smart because I do not think that the Bitcoin price is going to be any lower then this. Then hold on to them after the halving we are going to see what the price then is, then decide what to do next. Maybe because we have a huge increase for this year alone and people think that the price will still go back to normal and that would be the time for them to hammer the price. I think also that this would be lowest price so far after the halving, increase after the halving will happen and we need to watch out for that. I think price will rise in future so I would prefer to buy some bitcoins at this stage and will save for the future and will sell when price reaches to 4 digit. |
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The current price of Bitcoin this pass few weeks until now is currently almost stable . But i think after a few more weeks or few months price of Bitcoin will start increasing again. This is a good time for the traders.
Let's just wait for the price of bitcoin to increase again. For sure it is going to increase because of the halving for sure the effect of it is going to happen in the near future. Just don't rush on the things that you are going to do with bitcoin. Because it is going to keep rising in the future. Yeah the effect of halving will be seen after few months and majority of users feel that price will cross $1k mark at the end of the year. |
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I think Bitcoin, Since it has potential on increasing the value but in the other way hard to mine.
Well bitcoin is much better as gold has a lot of users already and it is going to be hard to enter in the gold industry as there are almost dominated by big investors in the whole world. But with bitcoin there are still enough opportunities left for us and for sure everyone of us are going to earn of it. If you are going to work hard on it. The best thing about bitcoin is that you don't need to buy it every time but you can also earn it so you don't have to invest your fiat money into which which you need to follow while investing in gold. Yes I agree with that it is a good thing about bitcoin even you don't have investment at all you are going to earn it if you are going to work for it. Just like offering your services or doing some signature campaigns there are a lot of ways to get bitcoin. But with gold, there are only 2 ways. It's either you are going to buy or mine. Buying and mining implies a lot of money to realize it, the good thing with bitcoin is you can earn it even without buying it. You just need to work for it, invest your time and effort and their you go. Less risky for us and more comfortable as we don't risk anything to make money. That is true, even you don't have enough capital for having an investment in bitcoin. You can just work for it so that you are going to be paid with bitcoins. But in gold there is no service that you are going to work and you are going to be paid in gold. But if there are some, for sure I'm going to shift in gold jobs.  You can never earn gold you have to buy it and gold holds high value so no one can afford you to pay in gold, and its not possible for everyone to invest in gold. |
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I got my coins from the kraken.
Kraken bitcoins are good bitcoins!
Besides, they seem pretty legit to me.
For my country i see kraken as the most safe exchange to buy bitcoin. I've tried localbitcoins too but too much of an hassle if you want your bitcoins quick. I am buying bitcoin from localbitcoins regularly and I really don't find any issue in it, as the process is too fast and its safe and secure too, so for my country I think localbitcoins is the best place. |
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Maybe it is a very good decision to use it as an investment but for me, I don't mind about the investment for now it is important for me to use it as a currency because I really need a money for some of my expenses and I am almost dying just to get a solution for it good thing that I have discovered bitcoin .
Yes and I think that bitcoin is a currency and it should be used as a currency then only it will take price of bitcoin to a higher level in future. |
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One reason to use bitcoins is to keep bitcoins alive.
A currency that nobody uses becomes obsolete really fast!
So guys, if you have a few satoshis you can spend, buy something nice with them!
Yeah its a great fun to buy something with bitcoins, and even if I am not able to buy anything then I regularly recharge my cell phone using bitcoins. |
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I am trying to make some profit with signature campaings, but it's so annoying.. I think that better to invest my money on cloud mining or something like this.
Signature campaign is better in compare to cloud mining as there is no guarantee that you will earn profits from it as in long run those sites will run away with your investments. |
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Buying the bitcoin is good and I'm doing it because the future of the bitcoin is pretty good if you ask me.
If you buy them now you are gonna make profit for sure.
yes, we all believe it. but bitcoin price is not stable at all, so buying bitcoin will make profit if we buy it at low price. I'm sure many people are waiting for low price to buy bitcoin to make profit. Price may fall in coming months but I feel that even current price is good to make some investment as we are pretty sure that price will be on the roof in future. |
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Is possible for guys who have a lot of experience in using bitcoins and know how to earn good money, for newbies better not to even try to live on earnings from bitcoins.
How can you say that newbies should not try to earn bitcoins, as everyone was newbie when they started their journey with bitcoins and learned from it and started to explore their earnings from experience. |
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Well, I have tried to introduce them to the essential basis of this alternate financial system and most of my friends struggle too much to understand it. However I am not so worry about it, because most of us also can't understand how the fiat system works, but it does not prevent us from using fiat money every day, so I am convinced that sooner or later all of my friends will enjoy the benefits of bitcoin even without a complete understanding of its foundations.
People hesitate in entering into something which is very new to them and same goes with bitcoin too, if they find it simple then they will surely start using it. |
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