for now i just hold them in my wallet, but i used to spend it quite often, but now when price jumps so often, i don't spend any bitcoin at all and i just hold them all
yes that is a good idea, i personally also holding my bitcoin for the price increase, i have seen so many people in the previous down fall that they sold their bitcoin in such a low price, but i am holding my bitcoin and not going to sell it, because i know that the price of bitcoin will soon start increasing and then no one will find time to buy it, therefore it is good not to sell it right now and the best option is to hold it for the price increase, Yeah saving for future is the right thing to do as price will start going higher in future so its better to collect as much as possible at a moment. |
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It is not big by any means, but the speculation and holding can be exciting. Waiting for the fork and the later or sooner
I think you do not know well, potential when we use the bitcoin. I am one of the people who use the bitcoin earning a living and that I've done 1 year ago, all I got in the bitcoin is almost equal to the salaries of those who every day going to work hard. I prefer the bitcoin for a living and maybe I'll open up the online store accepts payments using bitcoin what country do you living now? what kind earning in bitcoin work that could covering your daily needs? by doing signature campaign work i only earned 0.2 bitcoin monthly or equal to $115 , trading altcoin average earning for me 0.2 . total 0.4 or equal to $230 and salary average in my place are around $1,500 , and i only earned $230 from bitcoin work. really far way to call "earning a living with bitcoin" for me. I think he's living in a country that has the cost of living is quite low, such as in ASEAN countries. There mostly everyone has the cost of living is much cheaper than the cost of living in areas of Europe or in the usa. All of this depends on where we live bung, so this will not be a problem if they can earn a living only by using bitcoin depending on the standard of live every where, no in Europ or Australia or USA, here in Asia there so many people who live a more standard life here which a person cannot think in USA or Europ, if a person is spending a very very low standard of living, just living from hand to mount then its ok, but i think still then no one can believe on bitocin for living and that will be a foolish decision, therefore to me we should consider bitcoin as a secondary option and not the primary. It depends on what is your capacity of earning bitcoins, if you are earning descent amount of coins then you can depend only on bitcoin for living. |
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The most important thing for the bank is the trust, they are serving the public and they are making on doing it, without the trust and confidence of the public they will not survive so they will make all measures to protect their reputation to the public and would not allow any claim without a valid support.
That is right. I trust my bank more than the bitcoin exchanges. The MT Gox has not returned investors money. Yes bank is much better than bitcoin. Bank security protection against our money, and the bank safest place to store money. But we need both. We need banks to save money and bitcoin wallet for investment. Both have their advantages and usefulness of each. If we have an opportunity to use both of them then why we need to choose the single one, as both of them are unique and are benefiting people in many ways. |
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You should probably try investing in good and potential altcoins such as LiteCoin or some others. If I were you though, I would not take such a big loan if I were not sure how would I repay it. You coupd try tough, but you would maybe need to give him fiat if you do not get more money by then. It is better buy Bitcoins or earn them.
Altcoin has a great potential at a moment and many users are making good profits from altcoin trading but you need to invest in trading only if you hold sound knowledge of it. |
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The buying time is coming...
If you want to hold the bitcoin for the next few years, it is good to buy now. Otherwise, you might wait. i agree with you that it is good time to buy bitcoin and then hold your bitcoin for few years because bitcoin going to double its price in few year . Yeah price is still good to buy bitcoins as price is still stable and we can expect higher price in coming months which can give us good profits. |
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I think your prediction is not going to happen, maybe you are sleeping and dreaming bitcoin prices reached such
I think it's impossible and it will not happen,
every one bitcoin price $ 5000,
you try to look carefully remove the fee that should be in every transfer of funds bitcoin how if the price is too high
I agree with you. I think today we can not imagine the price of $ 5000, because even bitcoin prices have not reached the $ 1,000 price. probably bitcoin prices will begin to rise in the near future, but despite the price hike next bitcoin exceed $ 1000, I think, is still in need of the time is not fast, to arrive at the price of $ 5,000 Yes and I think it will take more 5 years to achieve that price as its not possible to achieve that price very soon as its really struggling to reach to $1k since long time. |
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i know there was a time when bitcoin price hits $1100 and on this halving period bitcoin again reached $660 so it is a gurrenty than bitcoin will again rise to somewhere like $600 - $1000 or maybe even more. I just know it is possible and i am just holding myself for this ride
There would be of course a time that it can reach that high value and that is because we also know that the value is going to be more worth so that is really nice if that happens. But we need all the patience for it if we want to earn some money with it and that can be really bad of course. Yeah price will rise in coming months as we will find many new investors in future which will take price to an higher level and it will go beyond $700. |
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I will prefer to hold it till the end of the year as price will be on top in future so I will not take any risk with my coins as saving is the safest way to grow coins.
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many people were thinking that after halving the price of bicoin will decrease to a low level. but as we can see that the price is so much stable. so i think it is still accepted that the price will increase more. so i think it is still good time to buy bitcoin.
that decrease that you have heard, has already happened. it was the drop from $780 to lowe $690 and that was the only dump that happened around halving day and ever since that day the price has been stable with only a $20 fluctuation in the past month. and despite all the efforts whales put in, the price could not go anywhere lower than this. I thought the prices will rise from the Halving but its being different.... its being stable.... i have no idea in this... i have no idea weather the prices will rise or falll..... hope it will rise... if it rise then it would be profitable to us... Its good that price is still stable after halving as everyone was expecting price drop after halving, and price stability indicates that price will rise in coming months. |
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that is such a personal type of question but i can tell you that i have saved a good amount of bitcoin. which can give me a good amont of profit in the future.when the price of bitcoin will cross 1200 USD level.
i dont think it will cross 1200 $, BUT i have saved enough for this christmas....it will make me profitable...... RICHI RICH Yeah its expected that price will be higher in the end of the year so its better to collect it to maximum level and save it for the future. |
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trading (only trading at the moment)
this is the same for me.. i both trade and work for my bitcoin.. hype, ponzi, cloud mining, perfect ways to lose money.. Trading can also be a perfect way of losing money for someone who has never done it before and tries it without getting any information just to prove himself smart. if you misstep in trading, I think it would make bitcoin that you have reduced, so if you play trading, be careful in every decision. if you do not want to risk, you can join in the signature campaign, this time, was the only way I could make bitcoin, because I think the signature campaign is a way of generating bitcoin safe and without risk Signature campaign will give you stable income but if you are looking for some extra profits then I think you should go for trading as it will help you in growing your coins. |
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No I do not and this is simply because of the fact there are no local stores here that are accepting the bitcoin as a payment. I hope they will soon but it will take a while for sure here.
That is somehow sad. I guess you should just use it online. We cant force our country or company CEO's to enter this kind of payment but no worries someday they will somehow. The fact is at a moment not all are aware about bitcoins and it will take long time for companies to start accepting bitcoin and till it happens I think we should save our coins for future. |
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Nope, it should not happen to us till bitcoin is not accepted by many countries all over the world, but i hope that someday bitcoin will become a fiat.
I think it is highly unlikely if bitcoin will become a fiat currency. You can see the characteristics bitcoin is different from fiat currencies. and bitcoin are not eligible. such as open and transaparan. it may be difficult to perform tax administration. maybe its one of the reasons Aside from bitcoin non taxable it is also non-declared. If bitcoin wants to replace fiat currency then there is a need to have a non-online bitcoin transaction wherein you can pass your bitcoin to another wallet without an internet for example in the middle of a jungle with no electricity. In this sense fiat currency has overpower bitcoin. That's why fiat currency cannot be replaced but instead bitcoin can represent fiat currency online. Yeah right we can not consider bitcoin to use in that places which is no internet or signal for mobiles.. to send and receive bitcoin to another wallet.. If you are in that places fiat still to use as payment.. Yup there are still many places in the world where internet is not popular or people have issues in accessing it so they will continue to use fiat in future too. |
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I guess my worst bitcoin decision I ever made was "investing" immediately in cloudmining and HYIP sites not researching about it first. I thought I am lucky because I found something that is passive income and they promise to pay everyday but then I was wrong and I was scammed. I learned my lesson and I will never invest in HYIP and cloudmining sites again.
That is the mistake we have done in past, my worst decision was to invest in doubler site which promised to double the coins in few hours but it never happened. |
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I think that price is never possbile, as bitcoin is rising and even if future we will see higher price of it and I don't think it will ever fall to that level.
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I have 1 btc in wallet which is I am saving for future hoping that I can make good profits from it in future as price will definitely go higher in future
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Nope, i want recive my salary in fiat, someday i will change my mind, maybe, but now i am not ready to exchange bitcoin every month after reciving my salary.
That is the right thing to do as once you have bitcoin you can convert it anytime when you see higher price of it but still its very risky to depend on it. |
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I am not buying anymore but manage to holding what I already have for some period of time. Why I am holding and not selling the answer is there is one huge increase coming soon of what all were talking at halving to happen. I am not expecting to see 2k $ price but to be realistic $ 1K for one Bitcoin will be fair price. We can not guess when will be but soon we should be ready to see.
Yeah and I think that majority of users will find current price to be high and not everyone can afford to buy with current price so its better to hold the existing coins that we have in our wallet. Well we dont know that the price will increase but its not risky to buy bitcoins because bitcoin is growing year by year.. and i am sure if you buy right now you can be still making a profit just to hold it and wait.. for a long time.. Yup and I feel that if you have faith in potential of bitcoin then you should continuously buy bitcoin as price will be much higher in future which can give us best profits. |
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I think just keeping them till you have a decent amount to trade with is the best option. Otherwise just keep them in your wallet and let the coins pile up. Don't forget that just holding your coins is also an investment. You'll enjoy seeing your coins go up in value throughout the years.
Yeah holding is an safest way to grow your coins in long run as there is no risk involved in holding and its better in compare to investing in any ponzi schemes. |
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I think you should save it in your wallet for future to earn descent profits from it as it is predicted that price will be much higher in future allowing us to earn huge profits.
This would be my advice too. Save it in your wallet and wait for another price rise. In time the price will go up again, of this I am certain. Question is not if, but when. If you look towards trading or investing you will find out that there is a possibility you will lose your investment. Well i think your right but if you just save it and hold wait for price increase you can not increase the amount of your bitcoin to make more profit when the price is high. spending some bitcoin for you business is the best just like making your own site start promoting something that you can earn a decent amount of bitcoins.. with low risk.. If you are treating it as an investment then you need to take that extra risk as without taking any risky you cannot expect best returns from it. |
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