For me my idea if you want to be a boss in the future better to save it never spend it just hold it.. and wait for the price to high and sell it. after that buy again bitcoin the price of bitcoin is low.. repeat the procedure and you will make a profit.
Holding is a good way to harvest your holdings in the future. But you must have another way of earning with bitcoins so that while waiting for your saved bitcoin. It is better if you are going to have career in trading, you just need to have enough knowledge first there and you need to study about the background in trading so that you are going to have good profit there. Exactly because you cannot just hold all the time and there is no guarantee that you will earn profit in the long run, the possibility is big for you to earn but every investment has its own risk. It is just right to some short term investment and long term investment to minimize the the risk or if you could do trading with your earnings the better. Trading with bitcoins is good instead of just holding time, as trading will help you in increasing he level of your coins in your wallet which can give you higher profits in future. True, it is very suitable trade for profit with bitcoin. The results of the signature campaign we can use to trade and it will be a very important advantage. Although risky, but we can learn well. No doubt its risky but it also helps you in multiplying your coins, and you cannot expect profits every time but with each trade you will gain some knowledge and experience which can helpful in future. |
|
|
|
advantages bitcoin transactions are quick and easy. That's the main reason why bitcoin users using bitcoin as a payment medium finances. bitcoin some features have also been integrated with a variety of existing public services.
Bitcoin transactions are easy for those who are using bitcoins, but the same thing can be complicated for the people who are not aware about it, but once they are taught I am sure they will use only bitcoins. |
|
|
|
People do hate because they have a bad experience about bitcoin but in my case I will never hate bitcoin because it has given me an opportunity to earn and my future is great because of bitcoin. It is risky for now since we are in the early phase but when this succeeds it is good to get the profit of our investment.
I have bad experience with bitcoin because I lost my money in HYIP and even in gambling but I forget the negative and I look for the positive things to happen into my life.
If you have lost in HYIP and gambling then that was your own mistake and you cannot blame or hate bitcoin for that, you should focus on positive sides of bitcoin and not negative. Gambling is the first mistake that people commit. First, they lose money and then say that they hate bitcoin.funny thing is that when people lose money with gambling when they use their fiat currency, then they don't blame fiat, but themselves or the casino instead. but with bitcoin, they hate it. that's something i find very weird. Very rightly said, people are loosing even the investment made with fiat, but they forget everything and move ahead but with bitcoin they share different perception and starts blaming it if anything goes wrong. |
|
|
|
probably I will choose both of them. even I have bitcoins, I still need banks. I can save my money safely on bitcoin, but when I need money to buy stuff, I will convert my bitcoin to fiat because there aren't many shops accepting bitcoin here.
Yes and we need banks as we don't have direct places to spend our bitcoin so we need to convert it to fiat and transfer it to our banks accounts, so banks are mandatory at a moment. Banks are the strongest financial institutions we have and bitcoin is too small in compare to banks, and once your bitcoin are stolen then its gone forever, but if the same happens with banks then they will support you in recovering your money. Yes absolutely right bank is better in terms of security and strength in the economy. But both are very different in my opinion. If bitcoin wallet only to invest because we could benefit from price fluctuations, and the bank to save money with a safe and a good guarantee. Yeah banks are safe to save your money but it will never help you in growing your money which is possible with bitcoin wallet, you can easily grow your money only if you hold them for future. |
|
|
|
probably I will choose both of them. even I have bitcoins, I still need banks. I can save my money safely on bitcoin, but when I need money to buy stuff, I will convert my bitcoin to fiat because there aren't many shops accepting bitcoin here.
Yes and we need banks as we don't have direct places to spend our bitcoin so we need to convert it to fiat and transfer it to our banks accounts, so banks are mandatory at a moment. Banks are the strongest financial institutions we have and bitcoin is too small in compare to banks, and once your bitcoin are stolen then its gone forever, but if the same happens with banks then they will support you in recovering your money. Yes absolutely right bank is better in terms of security and strength in the economy. But both are very different in my opinion. If bitcoin wallet only to invest because we could benefit from price fluctuations, and the bank to save money with a safe and a good guarantee. Yeah banks are safe to save your money but it will never help you in growing your money which is possible with bitcoin wallet, you can easily grow your money only if you hold them for future. |
|
|
|
to me the present time is the best time for buying bitcoin, because the price of bitcoin in present time is very very low and hope that it will increase very soon, it is also expected that in next some month the price of bitcoin will reach to its maximum high price,
The right time to buy bitcoin is always now. It does not matter what the price is, if you are planning to invest on bitcoin, then it is a good buy. In 5 or less years you investment will double in value. Bitcoin currency is still very young and has managed to bring a lot of income for some people. Despite the fact that the bushes cryptocurrency nada the rise, probably a long investment in bitcoin makes sense. Because forecasts are very tempting. No investment will give you quick returns, if you are looking to earn good profits from it then you should hold it for a long term then only you will be able to give justice to your investments. |
|
|
|
Im investing small ammounts of bitcoin into some altcoins that i believe are under the real value, soo i will hold them till end the year atleast and then i will think what i will do if sell or wait a bit more, usually the savings returns good profits and almost without risk.
You never know what to expect. It's the worst thing here. And investing in altcoins small sums (I guess a few cents/bucks) has small profits too. And if you invest in 5, for example, 2 of them can rise and 3 can fall in price. And you can go in negative profit. I wish you best of luck, but I don't think investing small amounts would bring you mich profit. The development of the bitcoin has slowed done recently. That is the reason of the bitcoin price drop. People are investing in good altcoins. That's true people are much more attracted towards altcoin market at a moment as they can make really good profits in a quick time if you choose a right coin. |
|
|
|
It depends on the job, and the level of stability, of course. But as we can see, things are not very stable in crypto lately.
If we are just going to think of it clearly, it is very hard if we are going to depend only with your full time job and it is going to be good if you are going to have a lot of sources of income. And it is going to be better if you are going to able to have your time for both of it. It seems that many are working for bitcoin in full time here. have income from various sources it is very good if you are able to manage the time for it, but if you can not manage a good time it will be chaotic. so better take jobs that have higher incomes. Having different sources of income is ideal because even if one of them dries up you still have other sources of revenue. However in order to do that you will probably need to have a job with flexible hours or being your own boss and having your own business. If you prefer to work on flexible hours and if you want to be your own boss then I think working on bitcoin is the best way to do that, the only thing you need to make sure that you are earning descent amount on monthly basis. |
|
|
|
|
Well its really hard to predict that what amount of coins will be good to hold after 20 years, as it will totally depend on the price of bitcoins after 20 years, but to be on safer side I think 100 btc would be enough.
|
|
|
|
the current price of bitcoin is in the range of 570 USD. I think this year has not been a substantive improvement.
perhaps in 2017 in the future will increase the price of bitcoin increased.
No. Remember the yearly high as of today which is almost close to $800. That is a great improvement and people really take advantage of that price. Also it's really annoying to sit back at below $500 as we already sit that for years. So somehow sitting above $500 today is great improvement compare to the past months. Exactly this is the good price to hold and its far better in compare to the last year, and year is not ended yet so we can expect much higher price in next few months. realistically, i think there is not much that we can expect from the price this year. if we somehow see the price settle above the $600 level, then we can look back at a very decent year. at least, that's how i will look back at this year. Yeah at least in this year bitcoin has go to the peak than since last 2 year we stay on the bottom price for a long time and before half the price rising a little than touch the peak at $700. We may see $700 price in next few months and to be honest majority of the users will be satisfied with that price and will prefer to sell their coins if they see that price. See, the year of bitcoin isn't exist if people only care about profit when they sell their bitcoin at high price. There's no point to see high bitcoin price if no one use it as currency. That's correct price will go higher only if people starts spending and use it as a currency and if everyone will start holding it then it will not contribute in taking price to higher level. |
|
|
|
|
I don't think investing bitcoin somewhere is a smart move to make, there are many scammers around who are waiting to cheat us with false promises, so its better to stay away from them.
|
|
|
|
I am using it as an investment at a moment as the place where I live is not that tech developed and people are not aware about it so it makes difficult for me to use it as a currency.
It is still good. If you can't spend bitcoins, you can just hold all of them and wait til a very high price. It is actually better because you will not be tempted to spend your bitcoins on useless things. Yeah. But if really needed you might want to withdrew it. Notjing wrong with it. Bitcoin is not really made just to be stucked in your wallet. Yeah and bitcoin always allows us to convert it to fiat if we are in desperate need of money, but its good to save them for future and spend them when price goes higher. This is something that inadvertently did when I began with bitcoin, I bought some bitcoin and then for whatever reason I did not spend it right away, then a month later the price had double and I was able to buy more things than I would have been able if I spent my bitcoin right away. Its not that you should never spend your coins, if price seems good to you then you can always spend them as bitcoin is an currency and it should be used and treated as an currency. |
|
|
|
I am not sure it can happen, better not to think about it and make more and more money with bitcoin everyday till it's works, cause someday it's MAYBE can dissaper.
very much true indeed!! banks have been here much longer than bitcoin and they have funds much bigger than on bitcoin also and their very much known and accepted worldwide rather than bitcoin that's why i think it is really impossible to be replaced. Banks are much stronger than all the currency of the world. This I mean the major banks of the world, who control everyone and everything. It is they who decide what you now have, or what ye shall drink, or will there sleep. So what is bitcoin will not compete with the banking system. Yes and comparatively bitcoin is too small, banks are too huge and the strongest financial institutions we have and it won't be easy at all for bitcoins to replace them in future. |
|
|
|
if after 20 years i will be successful on bitcoin industry and if bitcoin will make me rich, i will invest all of my earnings and make my own business and also, i will build a foundation that will help the less fortunate to share all of my blessings  If your plan is to start your own business in future then I think you should make best efforts to collect as much as you can right now, as you can make higher profits if you have higher coins in your wallet. |
|
|
|
Yes investing in multiple altcoins is the best way to minimize risks as even if one coin disappears you always have an opportunity to recover your loss from other.
Yes , but you must has enough amount of bitcoin for recover your loss also you must make balance between each coin you invest and if you can , learned from your experience about choosing a right coin , when you must sell it or buy it . With bitcoin from signature campaign for a Full member like the OP, I think it's enough for recovering from loss if he doesn't invest too much, just a small amount to get used to trading. I think full member earnings in signature campaign is quite decent. I was glad that i am now on that rank and i was also able to join a good campaign also. So for those still in the lower ranks right now just have to be patient Yeah and you also need to be active in campaign and it will help you in upgrading your account which will allow you to earn even higher in future. |
|
|
|
my reason of gambling is only and only making money, and i think 99 % of people have the same reason, but some people are telling a lie and they do not like to express their actual reason of gambling.
it is the opinion of each person. if you know, in this world has a lot of wealthy people. they have fun for their money very much. they like throwing money easily. maybe some people say it is a foolish act. Gambling and attract all the professionals and ordinary people who want to lose money. Therefore, some win and others bring home only debts. That's true and you cannot expect to win everytime, most of the times you will loose, so I never gamble even not for fun as there are many other ways to have fun. |
|
|
|
Invest in your future because no one else will.
True I also will choose an investment because I can earn a lot of profit. If the gamble I'm sure I'll throw my money to gamble so I better use for investments can be profitable for me. playing gambling is full of risks. we could lose all the money they had just that instant. trading more offers security and comfort for its users, in trading we can still trying to get money. gambling is a game that requires luck. Yeah there is always an opportunity to make profits in trading if you hold good knowledge of it and that is never possible with gambling as it is dependent on pure luck. |
|
|
|
Like any addiction, quitting is the hardest decision to take. I have tried dozens of times to quit gambling but I never could. Even if I was able not to gamble for a few months, I still came back. What I was able to change was how much I bet, how much I deposit (nothing) and the self-control. Try to control all these factors and you won't have a problem with gambling anymore.
If you are addicted to it then its really difficult to quit it as it requires great level of dedication and self discipline to do it and if you don't have control on yourself then you will never able to quit it. |
|
|
|
A lot of people are already in to the Bitcoin community but bitcoin is not yet known generally to other people. What are the things you usually say when people ask what Bitcoin is? We generated ten things about Bitcoin that will make people believe and support the cryptocurrency, you can check it out on the link below: Ten things about Bitcoins that will make you become a believer and supporterWe would like to hear comments and additions from you to help convince beginners or other people to embrace and use the crypto technology. In relation to what you mention as the transaction fees being miniscule, I guess this would be the one that would convince my friends to use bitcoin. Being an overseas worker, we always send our family and relatives some money once or twice a month and a minimal transaction fee would be a big help because it would mean bigger money that our family and relatives will received. Not having the need to go to a money exchange after work is just a relief and sending money anytime and anywhere whenever we wanted is favorable for us. Money transfer is one of the benefits on using bitcoin, as you said the transaction fee is small compared to bank or other remittances out there and also the transaction time on transfer is more faster and its just a matter of click and you dont be hassled in lining up just to transfer funds to your family especially when you are in abroad. Bitcoin is really a big help with this matter. That's true bitcoin is really the best when it comes to money transfers as it involves minimum fees and its far better in compare to other payment systems. |
|
|
|
Welcome. Since you are a new, you better read a lot before you start doing business with the other members. There are many scammers and hackers in this forum. If you see a red trust rating in a member's profile, you better avoid doing any business with him. Enjoy your stay.
Exactly and as a senior members its our duty and responsibility to guide newbies in a proper way and show them the right track to earn bitcoins, Anyways welcome on the board. |
|
|
|
|
Show Posts
