i think bitcoin because the price of bitcoin can increase so much in near future. while Gold has a fixed rate and very low fluctuation. bitcoin can be use as fiat money in local bazar. so to me bitcoin is more beneficial than gold. and i hope that the future is also all about bitcoin.
Yeah bitcoin holds more benefits over gold, gold is only an investment and cannot be used online and it cannot be even earned like bitcoin so bitcoin holds upper hand over gold. |
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There's no quick, easy way to make a lot of bitcoin. You either need to have a much needed skill & work for them or put out a lot of money upfront a mine, I don't think solo mining is profitable these daus though unless you have very cheap or even free electricity where you live.
Best thing to do is just buy bitcoin when you are able to & save until we see a price rise.
Yeah if you have funds to invest then best way to get is to buy it and save it for future as price will skyrocket in future which can give us good profits. |
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I will invest some of them in potential altcoins as altcoin trading is in great demand at a moment and many people are making huge profits from it regularly.
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As i see, a lot of people get their first 1 btc from do many ways and accumulated from the hard works like faucet, signature camp, and gambling. just little bit user can get their 1 btc from mining.
Only early adopter who can mine bitcoin with CPU/GPU at their home and earn profit. These days, only big miners/pool who can earn lots of bitcoin from mining. Yeah miners are earning lot of bitcoins on regular basis but mining is not possible for all as it needs investment for buying mining equipments and if electricity cost is higher then it won't be profitable enough. |
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If you be patient to hold for at least two years I believe that you'll be well rewarded, but many things can happen until then,
so the best thing to do is stay tuned and see how the acceptance of the BTC develops.
It is the best way to earn profits in short time, but it is also too risky because of the ups and downs in the prices of altcoins. Someone can earn a lot with it if he has a good capital to start with, but someone can also get a loss from it if the price goes down after he buys a coin. So its risky, but profitable, best for those who are experts in this field and have experience with it. Well the thing is that is hard to see and know which altcoin will get pumped and when, soo its more a patiente game then anything else, if you lucky you can easy make 4x your initial investment, as you can loose easy 50% the altcoin value. Altcoins seem to be a way to earn money these days. Many developers (also scammers) launch altcoins every week or so. When a pump happen and you are on time you can make profit. Investing in altcoin is risky as there is no guarantee that you will make profits from it, some altcoins will simply disappear in no time. now is to risky to invest in some altcoin but it can be very profitable if you pick right one But its really difficult to predict which is the right one and which is not as there is no assurance how long it will survive, investing in altcoin is like gambling, either you win or else loose everything. |
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The day or the week didn't double the price, but the halving event itself more than likely doubled the value of Bitcoin as a baseline for the miners. It went from a $300-ish average value from 2015 to so far a $655-ish average value after the halving event, so it does seem like the market did double it, although not at the rate everyone expected it to. I think I was calling for $700 to $800 after the halving, and I think I was probably on the more realistic end of predictions.
The halving changed the price via the hype surrounding it in the months before it. That is true. It did increase the price from 2015, but there were a lot of other factors that had more place into it. However, it was just obnoxious seeing the amount of people who thought that the price was going to double. The halving had far less of an impact on the price than the Chinese investors though. Oh definitely, I won't dispute that there were other factors at play during the halving event. And I agree with you 100% when you say that it was obnoxious that everyone was saying ti was going to double; I think most (sane) people knew the value wouldn't double over the course of a day or week, and I'm glad to see someone else agrees with me in that respect. I agree, most of the price increase in bitcoins was done in the months before the halving. It still doesn't mean that the price drop again now in the next months. If you need money I would recommend using your Fiat money instead of bitcoins. Better to keep them at the moment. That's true the price of bitcoin will be lot higher in coming months, so its better to save them for future and I don't think that price will go below $500 now. |
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According to the present price i think this is still not the best to buy bitcoins because the price is unpredictable.. i suggest to dont buy now and wait for the price to low again before you buy..
I think seeing the prices are still stable and not show up or pump prices and I think the prices still have the possibility to down a few percent, yeah maybe you can wait that time. but once it happened I'm sure will happen pump. because after halving not happened in any case? This is surely not the best time to sell as bitcoin has not reached to its fullest potential yet, so its better to save it for future and sell when it is giving us huge profits. |
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The most reliable way to get bitcoins is to use an exchange, again the reason i use exchanges, large exchanges, is that they won't scam you.
On the forum you will find scammers who will try to steal your money.
I would say signature campaigns are the main motivation for many forum writers here. I mean we can get anyone to do anything if you pay them, which is how I get bitcoin, by working. Even if you get paid in cash you can simply buy bitcoin at an exchange, brokerage, or at websites that use escrow like localbitcoins and etc... Signature campaign has become best source of earning bitcoins for most of us, and you are paid regularly and there is nothing like getting cheated in it, so for me its the best way to earn bitcoin. |
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Buy on the dips and hold for the long term. Sometimes ride the waves, but using something around thirty percent of the portfolio.
yes that is good idea. but i know some people who were waiting for the dept and they still waiting because the price increased so much instead of decreasing and they lost the opportunity of buying bitcon even at that price. now they are still waiting that the price will again decrease to 500 around but i think if they buy bitoin in the present time it will be even good for them. Any price is a good price to buy bitcoin and current price is not too high if we think of future as price will definitely cross $1k in future which will help us in make good profits. |
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of course a bitcoin wallet, to be honest i have to use banks right now but im not happy about that at all, in my opinion in the future i will try to go only on bitcoin wallet
I think we should go with both of them to grab benefits from both of them as online bitcoin wallet will not help as bank holds more benefits and features in compare to bitcoin. |
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I will never prefer to get my salary in bitcoin as its price is never stable so I cannot have stable income for sure and if price drops extremely in future then it will a big issue to manage life.
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Probably this is the best year so far, 2016 has a great record as it doubles the opening price in this year alone and considering that we have at least 5 months to end this year we might see another skyrocket of price again as the halving effect was not yet felt by the investors.
this year is not one and realistic price should be over 1000 by end of this year Maybe even more after new year over 1500 If price reaches to $1k by the end of the year the we can expect much higher price in next year as we will see many users who will invest their money in it till then. |
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of course i will do it someday in future  but not for today, because i can get double salary from double job. I think if you can still do a real job of work and employment in bitcoin simultaneously. I thought you did not need to get out of your real job now. and works full in bitcoin. it would be very unfortunate. while you still have the free time to work on both. it is not a problem I am the living witness my friend because I am currently experiencing it now, I am currently working and working with bitcoin at the same time and really the time management is very important and time will come that we can evaluate which is more important to us as we cannot do both effectively at the same time. I am earning from both the ways very easily as its all about managing the schedule and if you can earn from both of them easily then you don't need to quit your job. I always think of playing that safe but sometimes it comes into my mind that what if I quit my job since I will be earning more money if I will be full time with bitcoin. Actually my current job pays me like how much I can earn with bitcoin doing in less than 8 hours so I may consider quitting. Yeah if you are earning more from bitcoin and if you are satisfied with the earnings then you can quit your job but you need to make sure that you earn regular income from bitcoin. |
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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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