Well people able to live from bitcoin has their projects,and they getting around 2-btc above,soo trading is possible to make a good profit but make 2 btc monthly will require a lot lucky or a high ammount.
Truly if someone has the ability to earn 2bitcoins a month, then he can have a good living even if he quits day job which is only possible in few exceptions like users who do freelance jobs. |
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The very first way to manage money for me is discipline in terms of incoming money save the excess ,out going put it on a investment which is for the the long term or short term ,business and savings for future .
It's not a possible method of managing every incoming penny can't be saved as there will be bit of miscellaneous expenses. Every penny spend can't be a investment, if one continuously does this, he might be living only to earn. |
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Not really replacing but maybe a good alternatives of Dollar? Previously when we trade virtual goods people only accepted paypal skirll and etc, but now most people are accepting btc and give discount if you paid btc which shows that btc is a really good currency to be paid with.
As mentioned in the above quote it won't replace or gets used as an alternative. Only it will top in the digital currency segment. |
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Its always good to buy as much bitcoin as possible now as we are expecting higher price in future, so its good if we buy more then 1 btc.
As quoted it's better to buy as much possible, as the bitcoin price is expected to grow high in a few months time. |
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Look good at the prices because some people think they have the money so they buy coins even tho the coins are expensive at the moment. Wait for the price to drop so you can buy more.
it seems this time the price is at a sufficiently high position. I think because halving will come soon. prices will not drop deeper. so most likely there is no panic buying for the rest of this year. but all possibilities can happen because prices can rise and fall quickly. keep watching the price mate  Why panic to buy when the price is stable? Even with this halving coming, that is months away. Enough time to gather any bitcoin in small amounts now until then. No need for a rush of buying to be had, that is just absurd in my opinion. yes true, why should panic when prices are stable, while halving still far away and there is a possibility the prices could go down a little, then you can take the opportunity to buy. Yeah your right and i think this is not the time to buy and i think the price will decrease more a little before block halving come.. I waited bitcoin prices fell by around $400, then I will buy everything I can. because this is a good number to buy, before approaching halving and maybe it could rise $450-500 I think for now the price is gonna stable, because the halving is very close now. And i think the price will increase slowly until the halving come. and it's a good idea to buying now. but within 3 months anything can happen and if you buy now, yeah its also good. but you better be patient. maybe the price could be lower than currently. Anything might happen with the bitcoin price, but no longer possible to find a price lower than the current price which is above $400. |
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Try to earn more and spend less, do not spend on unwanted things, just spend on basic necessities and that will help you in saving your money.
if you are already employed and earn a stable and fixed. you have to do to become rich is have a good financial management. You will have a calculation where out money well. then you will be more efficient and will be rich That's right sir , for me if you have a stable job and there's an excess money i better choose to put in a bank or bitcoin wallet,but in bitcoin wallet there is a chnce that your savings may grow and grow in time. Rather than saving the excess in bank, its good to have a fixed amount as saving and spend the remaining for the regular needs. |
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A loan can always be risky. Do not just loan money, you should only loan money of you have a good reason to. And if you are going to loan money make sure you know that you can pay it back.
right, loans too risky, we do not know can restore it or not. because if you do not restore your good name will be damaged and you will-be fugitives. it would have been very embarrassing Well i may say that from my lending service i had been able to recover all the money lended ,since i hold the accounts from the defaulted users,soo i had sold almost all i believe just have one left to sell,but i had roi my lending money already soo here loans isnt risky if you lend less the value of the account otherwise you are taking a high risk. If people dont do that, then they are asking to go bankrupt lol. So holding accounts as some reduce risk is huge, and anyone who doesnt is just a idiot in my view unless they hold something else that can get the intial loan amount back through another way. Well some users reputations has no value,thats why they just sign a message and the loan is funded,there are few with such reputation,but for me loan without collateral not interested. None has the interest to give loan without proper collateral. Also giving loan without collateral looks to be making path for our loss. |
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I will better choose both .but if it depends on thread or only one to choose ,I choose bitcoins because bitcoin have more potential but both of them have a great value in the future.
Going for both forms of investing is a wise decision. Because in above quote it's been just described about growth, it has also the possibility to fall. |
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China always take advantages when they see potencial and beneficts ,soo at bitcoin they had the vision and they are getting a good income related to taxes from the energy companies supporting the miners.
China had some good luck that their production cost are very low, then energy is also low, so in a way it seems bitcoin is made for the chinese market. So them having the largest mining pools is not really a big surprise. I agree on this sir, bitcoins in china is widely use on markets specially undergrpund transaction they use bitcoins ,because bitcoins still anonymous . Anonymity is not the major factor, bitcoin acceptance and the acceptance of advancement looks to be the reason for bitcoin's success in China. |
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Bitcoin is worth me and my time. Bitcoin does not take that much time of my life it only takes long before something happens with the prices. It is all about analyzing and waiting.
You should have to be faithful with its price, and when the price of bitcoin tends to increase it do not take much time but start increasing much faster then our expectations and predictions. Yeah, according to the time variation you'll see a lot difference in terms of price as well popularity. As said if a growth in price gets initiated then it continues for certain period of time. |
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If bitcoin reaches to $10k in next 20 years then I think 100 bitcoins can take care of me very easily, but its always good to hold more.
Exactly based on the price the number of bitcoin for a comfort living increases, with the current price I believe at least you need some 500 bitcoins. |
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Not a great deal more in my opinion. I think many millions more will be benefiting from its ideas as they spread around but Bitcoin itself will be leading a quiet life by the sea somewhere.
That's not fair, truly its a great deal because to the maximum if there is lot adoption it may touch 3-5% of people not exceeds it. |
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For me "sell everything" will be a signal and it will mean smth like " Bitcoin is going to the end better to save your money". I really belive it will not happen soon.
Bitcoin is not going anywhere, its here to survive for a longer time by benefiting us in best possible ways, do not sell everything, afford to have little faith in bitcoin. Truly bitcoin doesn't go anywhere. It keeps increasing the users when years roll continuously. As mentioned above trust and hold a little for better profit. |
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People who are comfortable with paper money will only use paper money even if bitcoin hits the mainstream as they will find easy way to spend their money, and paper money will take care of it.
Truly more people like to use paper money rather than digital currency. The reason behind it is easy to use but digital currencies requires a minimal knowledge in technology to use it. |
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Our bitcoin technology can be described as a unrestricted bank, as there is not much restrictions as well flaws. Problem bank were very minimal as most banks of the country has improved their services.
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This will probably never happen, $10000 is probably more realistic
Very rightly said, bitcoin can hit the milestone of $10k in future and it has potential to reach there for sure, but its difficult to believe that it can be a million dollar baby in future. Bitcoin might hit that milestone, but percentage of possibilities found is very low compared to a price around $3000 to $5000. |
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In my opinion, trading is the best investment to increase your bitcoins, although I especially prefer to trade into the forex market. Fortunately there is an increasing number of forex brokers that allow btc as a valid payment system to deposit and withdraw money.
Trading can be done along with the lending. If you have few bitcoin, do trading. From the profit earned on trading lend it for proper collateral to earn valued interest as earning. |
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Science as a religion is considered by only few exceptions who are mentally not prepared to face anything rather than invention and research.
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Price continues to grow, just for few weeks the price has been stagnant. This could continue to increase within weeks or at the time of halving.
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we are making great history. In the future, on the list of currencies used in the world bitcoin will also be added. This makes people know much about bitcoin even if it gets vanished after years of production.
I can proudly tell my next generation that I am the pioneer of using the bitcoin and see it flourish continuously. We are just 6 years into the existence of the bitcoin. If the bitcoin survive the next few decades, we are the pioneers. Yeah, just in a very short time period we have reached lot users. There is no need of 'if'. Bitcoin would surely survive for decades. |
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