Is it better to save money in bank or invest it online, in real estate or maybe gold?
You can invest in bitcoin but the assurance is also unpredictable. Bank will suck you money in the long run and i think if you have enough money to buy property like real estate is good. Real estate value gets higher and higher in time. Its good to diversify your investment instead of depending only on single one and the future of bitcoin is unpredictable so its a big risk to invest all money in it and I do agree that investing in real estate is an good option as it will give you best returns in long term so even if your bitcoin investment fails you can expect some profits from real estate. |
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Maybe yes or maybe no. Because once bitcoin reach 500p dollars price of bitcoin its hard to bitcoin to increase more and they need a lot of time for sure so they continue to increase. But everything is possible to happen maybe we see the price become 10k dollars in the year of 201i . But for me I think the possible price of bitcoin is 6000-8000 dollars but we dont know what excat happen in bitcoin price.
If bitcoin price hits $6k to $8k in this year then we can hope for the price of $10k in next year as price is going higher and anything is possible with the price of bitcoins either it can go higher or even lower but lets hope that price will continue to rise and in future we will be seeing much higher price of bitcoins. |
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Your probably, looking for the signature campaogns. The earn from it is not that big but it can give steady income. I thinlk that would the best job that would fit you. It will not really be a wise way of living but having that job will give extra income. But doing yhia will not free you from responsibility. You have to exert effort and be consistent on doinh the requirements. It will give you steady income but it wouls require you more also.
Not only signature campaign, we also can get steady income in form of Bitcoin by get a job in company - related bitcoin. Of course we must have a skill. Companies such as bits of gold or blockchain are give the option to the employees to get paid in bitcoin. But the fact is there are very few companies at a moment that pays their employees in bitcoins and not all companies will follow the same in future as most of the employees would not be aware about bitcoins and will never accept their salary in bitcoins as don't know how to earn it or spend it and price volatility will create an major issue here. |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
Saving might be a boring way to keep your money safe and alive for a long time specially when you are just saving it into a coin bank or holding it into your customized storage of money. But in bitcoin, saving and holding is the simplest yet the most effective way to keep your money growing because from your initial earning, you can still gain profit because bitcoin's price is volatile enabling us to gain an income. Also saving has a great benefit just like using what you have save for future purposes. Saving is the easiest way to make profits from bitcoins but as you said that saving can be boring so its better to invest those coins in trading instead of keeping them idle in wallet as trading then generate regular profits which is never possible with saving as saving will give you one time profit and that also when you sell your coins. |
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Of course for future. If someone wants to have fun with bitcoins then i guess they don't need to save them, and will just spend them on whatever they want. The ones who save their coins are the ones who believe bitcoin can do wonders in future and the bitcoins they save now can be worth way more than what they are today. It is not sensible to use bitcoins just for having some fun, as bitcoin is a future asset and everyone should save their coins for a future betterment.
Yes and if we keep on spending our bitcoins now on useless things and fail to save it for future then we surely gonna regret in future when price will reach to the moon and at that time we will be blaming ourselves for not saving bitcoins so if you want to have secure life ahead then saving bitcoins for the future is the best option. |
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Signature campaign can serve as means of earning some bitcoins, particularly people from developing countries where the local currency is lower compared to a US Dollar. Earning $10 BTC weekly is much there and this money can be reinvested for trading, This will surely grow the Bitcoin.
Gambling and ponzi schemes are very risky it will reduces already hard earned Bitcoin.
If I have to choose between gambling and other investment sites then I would definitely try my luck on gambling as if I would be lucky on that particular day then I can make good sum of money in quick time but investing in online sites doesn't make any sense as the outcome from that would be surely zero which will result in loosing all our money so finally if you want to take risk of making quick bucks then its better to go for gambling. |
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Mining an altcoin now is worth it but for bitcoin I don't think so. But we should always remember that we are taking risks, we don't know if that altcoin can survive in the crypto world for a long run and can help you to make profits. It requires outstanding hardware components for you to feel that you're really earning...
I agree with you, it's very hard to get bitcoins on your computer. It is necessary to make large investments in the purchase of equipment and payment for electricity. In the end, you get very little Its not worth to invest in mining now as it will require capital to buy equipment and if electricity cost is higher in your country then it won't give you the best profits that you are looking for so the best thing to do at a moment is buy bitcoins and save them for future to earn good profits. Indeed, but if you mining altcoin that's a different story because you don't know how much the price in exchanges if they listed in. Mining altcoin is same like gambling because you also don't know which coins is profitable to mine or no scam. I think its better not to go for mining altcoins the future of altcoins is unpredictable and it can disappear very quickly and instead invest in those altcoins that are listed and performing well and it will reduce certain level of risk as looking at the charts you can assume what's gonna happen next and you can take your decisions accordingly. |
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I have a day job so Ive just bought bitcoin whenever I have some spare money. That said I gave up smoking 2 weeks ago and Im thinking of using the money I saved to just keep buying  Good job and I wish you good luck in getting rid of that dark smoke around you. At least investing in bitcoin wont kill you in later life. I also use a part of my monthly earnings to buy bitcoin as a mode of increasing my stash of coins. I also earn from trading - mainly bitcoin vs fiat, altcoin trading and altcoin mining. You can see I also am enrolled in a signature campaign which pays me well every week. That's a smart thing to do by using a part of monthly earnings to buy bitcoin and save it for future as we all know the value of bitcoin will be sky high in near future even i am planning to do the same as i have already utilized my bitcoins which i have saved in the past and also you can buy bitcoin when the value of bitcoin drops as many user gets panicked and starts selling off their bitcoin when the price drops as if there is no tomorrow so that's one of the way to have more bitcoins at less price. Yes and try to get bitcoins from wherever possible either buy it if you have money or else try to earn them in multiple ways as incredible future is waiting for us and this is the time to accumulate as many coins as possible as price will definitely go higher in future so if we manage to have good amount of bitcoins then it can definitely improve our standard of living in future. |
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I think why the did not get bitcoin because they don't know how to use and they most use the bank account or credit card because thehy think that they money are safe because it have security than bitcoin.
That's the first thing, they don't know how to use bitcoin and they don't really know what bitcoin is. And they don't even intend to use it because they are already satisfied upon using the banks services that's why those people that aren't into bitcoin are losing a lot of opportunity with bitcoin because they are missing big potential profit. I don't think that is related on why is Bitcoin not being use by the people. I don't think that Banks are the main issue here when it comes to understanding Bitcoin. Right now even if Bitcoin existed for many years the majority of the population does not know or ever heard the word Bitcoin or anything about the cryptocurreny, give it time to grow many people will surely adopt Bitcoin. Yeah its just a matter of time and we will see more people adopting bitcoins in future when they will see wide acceptance of bitcoin at online as well as offline places and that will make them curious to know about bitcoins as the popularity of bitcoin is limited at a moment and have not reached everywhere yet but things will change in future for sure. |
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I would like to participate.
Bitcointalk Name - tazmania
Posts - 435
Rank - Senior Member
Btc Add - 1CnV1mB3mNx7hVsxDeKPWiM9ehw6APTYht
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Virat has just forgotten how to play and every time getting out at an LBW is disappointing even though the umpire also was not completely sure of the decision. Australia are trying their best to restrict India below 200 runs but I just hope Pujara and Rahane manage to put up a good partnership of atleast 50-75 runs. This match already has a decided winner and it all seems to get over tomorrow. It looked as if India were off to a very good start, but Australia have pulled things back in the last hour of the session. Rahul was batting so well and the Aussies found it tough to beat his defences and that is when skipper Steven Smith took it upon himself with a bit of brilliance in the field. A flying grab to the right after introducing O'Keefe right after the drinks break saw Rahul walk back.
Rahul was splendid in this match. First 90 and now 51 when the entire team of his left the crease with runs below 20. I hope they retain him from now on and give him a chance to play in every game. Yeah this is 4th straight innings Virat has failed to score but he will comeback soon to his good form , today he was just unlucky . Pujara is a great test player and he can do anything but still I feel India won't be able to win this match unless they give 300 + target for Aussies , anything below that Aussies will be able to chase. Pujara batting looks like same Rahul Dravid batting. He is perfect test cricket player. He is playing safe batting in this innings. Atleast he wants 1 or 2 big partnership to save India in this test match. If he fails tomorrow, then Aus will win this match easily. But India makes 250+ runs target this match will become interesting. I am not sure who will win this match. 250+ runs would not be enough to win the match as Australia also have a lead of 89 runs I guess so in that case it would be good to score around 350 or more to win the match and it will totally depend on the first session of tomorrow if Pujara and Rahane build up a good partnership then it can be achieved but if India looses early wicket tomorrow then it will hard to achieve good score. |
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Investing today doesnt really give you profit. You can switch to trading instead of investing. But $40 is a little bit too low. Try to increase it atleast $100. Then buy some altcoin and dump it when it pumps. It is better than investing your money into unknown site. You will be scammed if youre not careful.
I don't think that 40$ is a low amount. Many people need daily earning on their investment, with 40$ you can keep on investing in bitcoin because when compared to other altcoin bitcoin will give you huge profits in the longer run if you wait patiently. With that amount of investment in bitcoin it will take ages for him to make huge profits as $40 is too low if you are investing it in bitcoins and it will not give you best returns as price will not reach to the moon overnight but if he invests that money in cheaper altcoins then he can make good profits from it. |
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Start looking at youtube videos that will guide you how to start a trading for beginners so after watching multiple videos you can start investing small amount in altcoin and gain practical experience and once you get older and gain experience you can start trading with higher amount.
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When it comes to investment, both are based on investment, trading is based on short term profits and bitcoin is based on long term profits. If a person is familiar with both of these will make tons of money with the skills he had, because trading need skills and bitcoin earnings based on according to upwards and downwards.
Buy low and sell high is the strategy everyone follows in trading but no one knows which is lowest or highest price to make a move as price may go down after you buy and opposite can happen after selling your coins as you may see higher price in next few days so its hard to decide the perfect time to buy and sell. |
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OP has negative trust so its hard to trust him for what he is saying and it won't be impossible to earn that amount daily by solving captchas, Something is not right here so its better to avoid this thread and look for some other ways of earning bitcoins.
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I am also thinking of selling a few but will wait for the SEC decision on the ETF this week and how it will affect price movement. I hope this pushes the price even higher and if that will be the case, I’ll just continue to hold and wait for the price to reach $1500, which isn’t too far off now, given how much the price has climbed over the last two months or so.
Well that's correct its better to hold our coins for next couple of days and see whether ETF gets approval or not and if its get approved then we can expect much higher price of bitcoins so if we sell them now and if price touches $1500 in coming days then it would be the wrong decision to make so its better to wait and see where price goes and then take decision of selling them. |
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As time pasd by bitcoin will pump it's price because of the supply and demand law. Because as time pass by the bitcoin is become more famous because of it's price and because of that many civilian are investing in bitcoin and because of that the supply of the bitcoin will lessen and it's price will increase so how supply and demand law works. And I think the bitcoin is only start for now so the price of it will have a great pump up in the future, and I think $25,000 will be the pick price of it.
Exactly and this is just an beginning and bitcoin will touch even more new heights in coming years as you said that supply of bitcoin is limited as there are only 21 million bitcoins mined and demand will go higher and higher in future that will make bitcoin more powerful currency and will be holding some extra ordinary price and if we are judging what will be its top price then only thing comes to mind is sky is the limit. |
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Saving is always good. Some money should be used for living, some for investments and at least 1/3 for saving.
Without savings, life is very very risky..
totally agree with you, without saving it all what you try such work and investment will be as useless because you did not save. then my advice do storage but without investment we can not guarantee a better life for the future and if you only save in the long run it will be exhausted if the percentage of 70% to investmen of 30% to save if there are things that are unexpected I think without the investment even if you can still get rich, if you have a good job with a large income, would be good if you focus on saving. surely you would be wealthy if you save it with a nice Investments are always done with vision of making money from them. Mostly business and trading are investments. A job on the other hand may be enough if it can suffice your needs. But the need and not luxury is important to be segregated. Savings are done for future needs and emergencies that may arise. However be careful of scam ponzi and HYIP/MLM schemes which are bound to steal your money. There should be a good balance between saving and investing as both of them have their own roles to play, investments will grow your money and will give you good returns on your investments if you have managed to invest them at a right place and future is uncertain so if anything goes wrong with your investments then saving will take care of your basic stuffs. |
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I don't really like to spend my Bitcoins but I do anyway regardless of what the price is doing. Well I gamble some of my Bitcoins each week, not much though as I don't want to lose too much lol I'm yet to spend my Bitcoins on any goods or services but maybe one day soon I will as I would like to test it out.
Yeah me too. I would like to hold my bitcoin but Unfortunately I can't do it because there are circumstances that I really need money and there is no other options I can make but to convert my bitcoins into fiat and spend it. But I will try to reach 1 BTC now. Hope I can make it. I personally think that we make bitcoins for spending them not for holding them, though holding bitcoins will give us a profit but holding them for a long time will also give a loss. I convert my bitcoins into fiat and spending them to meet my personal expenses. Bitcoin is just a currency so it is able to be saved or spent, you are in full control of your finances with bitcoin so nobody can tell you what to do with it. It's a currency but more valuable than fiat, you have your freedom on what to do whether you spend it or save it but I recommend to save it. Consider that bitcoin as not only as a currency but more on investment. We do not know what will be the future of bitcoin but it this will succeed and we have accumulated a good volume due to savings, it could change our lives and we can make fortune on it. Some would have said the exact same thing when Litecoin was at $50 per coin, save dont spend. Now look at it, sitting at less than $5 now i think. Definitely not saying bitcoin will go that way but this is still very new ground we are walking on here and there is always a new coin around the corner waiting to take bitcoins spotlight. Never spending bitcoin doesn't make any sense as if you hold them too long without spending and if price drops in near future then you will surely regret for not spending or selling them when the price was higher so if price goes above your purchase level then you should not think twice in selling or spending them as you will always get an second chance to buy them when price will go lower in future. |
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Tree years from now i think bitcoin user on will be 10% up because in every place i think their will be a user of bitcoin. I remember when the time i know bitcoin here in our place their is no person believes in me but after a month i think they see me how to earned money through bitcoin then they ask how. Now in our place in one compound we are 10 now own bitcoin.
We cannot judge what will be the exact percentage of people that will own Bitcoin by 2020 as its impossible to come to any exact conclusion but one thing is sure the number of users will be higher by that time in compare to present as bitcoin is gaining more popularity and more and more people are showing their interest in investing their money into it so there will be a constant increase in the user base of bitcoins as time passes by. |
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