Investing can be done right now but the price is pretty high so its not the best option in my eyes.
I would just save up some money and wait on a better price honestly.
Just think that the price will not go down again because it will continue to rise, this is the year of bitcoin and probably we can hit the $1,000 by the end of the year because of Halving. i think the price will be dump again, before or after pump, the price will be dump. this is how the pumper collect more bitcoin, make panic sell and panic buy, then the weakhand will lost his money. There is a good chances that it will happen but what makes us successful in investment is we should not be panic when we see the dumps because that is just a manipulation by the whales and what matters is the future of bitcoin. Thats true they only want the user will made panic selling to get income and also the demand of bitcoin will rise but if you do not affected on the dumps i think you will be successful in your investment. That should be your mindset, when you invest you need to put in your mind that it is for long term and when you say 5 years you should hold it for 5 years and cash out without looking back. If you are planning to invest in bitcoin and hold it for next 5 years but what will you do if you see ATH in between? Will you still hold or sell your coins at that time, as you never know whether you will see that price again or not, and if drops after that, and if you don't sell you will regret for sure. |
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It depends on certain banks as they all differ in terms of rules. Some wouldn't mind at all regardless of the amount and some are very strict specially if the activity on someones bank account changes all of a sudden and what they do usually is to contact you and ask for proof so they could be sure it wasn't claimed on a illegal matter.
If we want to transfer it our bank account then there is no need in transferring that huge amount at once, transfer it on installments and everything would be fine, as your bitcoins are safe in your digital wallet too, and its not mandatory to sell them at a single point of time. |
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I use it to do multiple things mostly I gamble with it because its very enjoying and also very fun to do.
I also must say that I sometimes spend them on digital goods these days.
I am currently not using my bitcoins. Halving is just 2 days away and i am saving my coins for the halving. After that i will convert my bitcoins to Fiat and pay my mobile bills and other expenses. You can also pay your mobile bills directly using bitcoin, but anyways its good not to spend them now as halving is not far now, so lets wait and see what is gonna offer us. |
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First of all, it will not drop 1$ this is 100% sure. If anything happens and it falls means nothing I will do I just collect coins as much as possible, and I will hold it in my wallet. This is the only way I know. Yes with 1$ what we can do right.
Yeah even if we loose faith in bitcoin we can still afford to give it one more chance by buying at $1 price, even if it disappears after that it won't make much difference to loose as $1 is something like almost free. |
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Bitcoin is a long term game unless you were a insanely lucky super early 2010 adopter. If you were not, then you will have to wait to get rich, just like the buyers of apple, google and so on stocks, had to wait like 10 years to get really rich.
Exactly cannot expect to get rich overnight with bitcoin, its an time consuming process but the results would be surely positive so collecting as much coins at a moment is the right thing to do. |
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I have 3 btc with me at a moment and I am holding it really tight for the future, If price reaches between $800-$1000 then I will sell my 1 btc and rest 2 btc I will save for future.
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yes because it won't grow if i'll just save it...i always soend it to buy altcoins and wait for it to sell at a higher price.
it might be better if you do a method for growing bitcoin in the appeal only stores only. or using bitcoin to trade. it would be better for bitcoin and you as well Its always good to trade with bitcoin rather then keeping it idle in wallet, as trading will allow you to grow your coins and also help you in making good profits from it. |
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If I would be having 7 btc then I would invest it in trading and would make all best efforts to multiply my coins in quick time to earn higher profits from it.
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I never lost any bitcoins but I must say that if you lose bitcoin it mostly forever gone so that makes it very sad.
Losing bitcoins is mostly caused by forgotten wallets and also forgotten password on online wallets.
Exactly, I have lost once by forgetting my password, there were around .05 btc in it, no doubt it was not that high amount but it really disappoints you for loosing your coins. |
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because i am hopeful that the price of bitcoin will easily cross 1000 USD.
It will definitely cross some day and to see that price we should have patience, even if the price falls in coming months do not get panic, have faith in bitcoin and hold your coins without any worries. |
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how we could motivate women to use Bitcoin because I tried several times to explain what it is and how to use Bitcoin ...was very difficult and have not really managed only once ..
Give her a btc and then show her what she can do/buy with it.. should do the trick. But if she doen't know that bitcoin is and how can it be used and where to use it then what is the advantage of giving bitcoin to her for spending. Absolutely we have to explain about bitcoin, how to get it, and how to save it. Then I told the woman to follow active on this forum. I'm sure the longer it will increasingly understand about bitcoin No doubt all women loves money but they want it in easiest way, and I think bitcoin can complicate things for them, if they find it easy they will start using it or simply ignore it. women who had no jobs find this to be good, they will use bitcoin in their leisure time and earn a good profit it will be beneficial atleast for herself. Definitely just show them what really bitcoin is and what things you can buy with it for sure they are going to motivated once they see the things that can be bought with bitcoins. and my personal view is that women are more greedy than men. i think more easily be convinced. so to me it is more easy to convince them as compare to men. Not in my personal opinion. Women tend to stick to their own interests and would not bother having introduced to a different one, unless it is inclined to her own interest. Well, there are a lot of women who are more than willing to learn about bitcoins and stuff. I think many women have started to earn it and use it and that is a good sign for a community, and one woman can motivate another woman very easily in compare to men. |
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For me you can just show them a video or something to teach them about it, I think that is a good method to really let them see how its working. And show to them where you get bitcoin
I think not all tutors have the expertise to make a video about an introduction to bitcoin I think the video has a good effect for the novice user, but you need to make the effort. but you can make optional by creating a thread or posting on your blog yourself, about your tutorial Also you do not need to make a video tutorial of bitcoin yourself. There are a lot of bitcoin tutorial available online . Search them on you tube and refer them to those who is interested in bitcoins and needs to study about it. Showing them video is a good way to teach someone but you also need to show them practically how you are earning from it and that will create positive impact on their mind. |
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Its difficult to calculate the exact percentage of users spending time here, but I am sure each an every individual who is aware about bitcoin will be a part of this forum.
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I come here to earn something as a side income while sharing my views for the same. My main purpose is earning bitcoins TBH.
Exactly we all are here to earn bitcoins and there is nothing wrong in it as every one wants additional income and bitcoin is making it easy for us and we can also learn many new things about bitcoins. |
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You should check services section on this forum and you will get clear cut picture and entire procedure about it, but as far as I know those sites turn off their faces when they need to pay their users.
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I never heard here that someone can earn 0.3 btc in a week.. unless if you have a good skills offering here or one of the team in gambling..
Or almost traders are can earn those amount of bitcoin that honestly i can not make even 50% of that per week.
I am earning more then 0.3 in a week from trading, as we all know signature campaign involves limited payouts so you need to have multiple sources of earning bitcoins. |
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Fast = Gambling
Free = Faucets
To be honest both are waste of time, money and energy, it would be really good that we don't focus on "free" things and make some efforts to earn descent amount in genuine ways.
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signature campaign is the most safe way to earn btc. just bought some high rank acct.
it is obviously the safest way of earning bitcoins, but it won't be enough to just buy a high ranked account, along with a high rank account someone should have some knowledge about bitcoin so that he can do constructive posts because that is what someone has to do when he is in a signature campaign. Constructive posts are important as it should add value some knowledge to the users, but earning 0.5 btc only from campaign will really take a long time better to go for trading to earn in short term. |
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I have been collecting faucets few days back, and can say that I earn something good with them, the best of them are peoplebtc, monsterbtc and biobtc.
Check them out to collect a few more good satoshis.
Faucets are suitable for those members of bitcoin community who have just joined it earlier, but not for those who have spent some time in it now. Because the ones who are new to bitcoin know nothing about the things related to it or any other ways to earn it, that is why they have the only option to start and that is faucets, after they use faucets they will come to know about everything with the time and then they will stop using faucets. Faucets is really good for newbies as at that stage they are not much aware about different ways of earning bitcoins so I think its good to start journey with faucets at initial stage. |
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Well man I suggest that if you got a good capital to start with you can earn BTC via altcoin trading. You can try either c-cex, poloniex and yobit. That way you can double your money if you know what to buy. Just read news about altcoin here and then you can earn BTC doing that.
Altcoins are good, but not every time. And instead of risking your own coins in them, I would say you just earn them from faucets, whether it takes time, but it is worth it because you know you gave time for it, so you will not lose your coins by investing in wrong coins. It would take a really long time to collect enough altcoins from faucets, it is really better to just read some news and gain some knowledge about trading and put some money on what you think is the best according to the markets history. Collecting altcoins from faucets is the waste of time, better to go for direct altcoin trading which will allow you to make good profits on timely basis. |
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