You need a lot of time for trading especially in the beginning phase because you have to study a lot. Maybe you can start with a training account and not directly with real invests. But I think it’s possible also to do it with a job e.g. in the morning / evening / weekend.
Doing trading along with some permanent kind of job is quite a difficult thing but there is nothing in this possible which you cannot do. If you can manage your time in a way that you can do both the things simultaneously, then this is going to be the best thing which you can do for having a good amount of earning. It will help in living a very comfortable life and you will be able to earn a very huge amount of money. |
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Well, It's already international currency but there are few country where Bitcoin is not accept but most of the country accept Bitcoin where using Bitcoin for buying various things.
Bitcoin is indeed a very good thing and there are so many good things which you can have in your lives if you invest in bitcoin. As far as international currency is concerned, I think at the very present it is not possible for bitcoin to be an international currency. The thing is there are still number of people who don’t know about bitcoin and above all, number of countries did not declare it as legal. |
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Bitcoin is the BEST way to invest your money because the value is unstable so if the value goes down you can buy some bitcoin and if the value goes up you can sell it and that is why you should invest in bitcoin.
In the 21st century, I don’t think so that there is any other better way of investing your money other than investing in crypto currency especially bitcoin. You only need to believe in bitcoin and you need to have enough amount of knowledge about the things related to the world of bitcoin. Bitcoin will for sure help you earn a very good amount of money. You need to make it work for you. |
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If you be given a gift of 1BTC by someone and for you this amount is already something you did not expect. Will you sell your bitcoin right away and convert it into cash or just keep it for a better price to come or invest it or what?
First,if someone gave 1 bitcoin to me, I really appreciate it. Second, I will not sell my bitcoin right away or convert it with usd immediately. I will wait for the right time and the right price/rate. Because I believe that the time will come when the rate of bitcoin increases. However,the other bitcoin I invested and the other I saved for the future. I think my investment in bitcoin will rise. Because the value of one bitcoin is very high in my country. It will be welcomed from my side and I will say thanks to the person who will gift me one bitcoin as gift. Because he gifts here in my country values maximum 20 times less than the price of one bitcoin and one bitcoin is a huge amount gift. I can buy many things of my daily life necessities from one bitcoin. |
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Yes i agree in that case! become lesser standby or playing basketball. like my some of my friends instead of just playing online game and somebody share the bitcoin how to earn money and after a few month i notice the online game become bitcoin zone....ha ha ha!
Yes bitcoin is like a job or a way of earning money for most of the people who use it in there daily life. Peoples who are interested in computer and trying to learn it and if the come to know about bitcoin they will find a way to both earn and learn at the same time. So bitcoin has now become a source of income for most of its users and more people are joining it. Some people use bitcoin earning as there primary source of income and live on it for them it is just like job. Bitcoin acts as a job for people who earn from it and is helping to reduce unemployment among peoples. |
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maybe if until bitcoin dead usually caused the Internet that have been no longer then anyone who wants to access it definitely will not be connected in any way and will definitely be difficult in every time looking for income.
Let’s just dig into this matter a little more. Bitcoin was the first digital currency that has not been only able to survive through harsh times but it showed astonishing progress which attracted majority from all over the world. Now talking about only digital currencies, these are thought to be the future money because some states have started to release their own digital asset. Bitcoin will be at the top of them all. So bitcoin is not going to die, it will grow up even more. I can hardly find any reason to support this argument that bitcoin is going to be dead. In fact, it is bitcoin who is going to make a significant name not only in the international market but also amongst the people living at different corners of the world. The way bitcoin is making such a good reputation is a proof of this thing that bitcoin is going to have a very bright future and it will lead the world. Haha! I also find no reason for supporting this stupid stance. I don’t know who thinks that bitcoin is going to be dead soon. Bitcoin is one of the most expensive currencies at the moment and people are rushing towards buying bitcoin because of the bright future of bitcoin. Bitcoin is indeed soon going to be famous all over the world. I am pretty sure about the bright future of bitcoin. |
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We all know that china is a communist country having lots of regulations and restrictions.it always wants to keep its people under its strict control.Bitcoin is a currency which has been created to give financial freedom to people.Just we could understand that both are contrast.China does not want to loose its control over its people,either due to bitcoin or other.It does not want its country's wealth to be transacted via bitcoin outside its boundary and get invested in other countries.Also,it does not want its own currency yuan losing its value due to bitcoin.So,it has started to take severe actions against bitcoin.
May be China has some reservations about bitcoin rather they do not hate bitcoin and the proof is that there are lots of miners in china producing bitcoin in a very large number. If the miners in china stop mining then the availability will be much affected, because the demand for bitcoin in increasing day by day and we need more and more miners to produce bitcoins. |
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It is not even known by everyone but I'm sure that will happen sooner. Bitcoins is getting higher and stronger everyday which will dominate USD someday and for me that is inevitable.
At present, bitcoin is not having this much of worth and value that it is being declared as the world’s strongest currency. It is because of the reason that there are so many who don’t even know about the world of bitcoin. In addition to this, bitcoin is not declared as legal currency. There are so many hurdles which are keeping bitcoin away from becoming the world’s strongest currency but you can always hope for the best. |
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For real ? Ive just read about this topic today and im surprised. For us filipinos, this will become a great opportunity to focus on our cryptocurrencies. Keep on evolving  Believing that this would be a start of crypto involvement in our citizens. I know our people will have this as a great opportunity for us to earned more, instead of working all day in the farm. As it will be embrace by the community and having a support of the central banks, it could be possible that their will be a smooth operation in ou country. There is hardly any reason to deny this fact the rest of the countries of the world actually need to do the same if they want to bring prosperity in their countries. I must say that this is really a very good step taken by the government of Philippines. This will encourage the people living over there to earn more amount of money and they will use bitcoin in their daily lives without having any worries. |
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On our country, it is more convinient when you have a fiat than crypto. My crypto earnings are converted into fiat to become usefull. Crypto currencies are not existed on our local market and you will need to convert it into fiat with some charges and that is the way i hated. Instead of using crypto hand on hand, i will obliged to pay charges on my own money to convert it. It is more economical if we have a fiat to fiat / crypto to crypto exchange.
Like you said if we convert cryptos into fiat currency it is more convenient to use it on local market to buy what we needed.This is because in many place no good internet which is important for crypto transaction and still many people don't know what is bitcoin.At present it is much needed to convert crypto earnings in to fiat to make it useful which includes many costs.But in future i think it is not needed because all people will start to accept crypto. This is a valid reason as well don't have the facility anywhere to directly buy goods from cryptocurrency. Even if we get this facility anywhere still in my opinion converting crypto into fiat is more convenient for domestic shopping. On each crypto transaction we are charged with a transaction fee so, if there are different places where we shop from in a day we will have to pay the transaction fee for each one separately. Paying with fiat is more convenient inorder this regard. I feel the better way for small payments is fiat. I see that their are already places acknowledging btc as a from of payment. But for us, it is hardly in the topic of any local markets if they are gonna accept it. I see some banners saying "bitcoin available here" but when i ask them, they have no idea what that it. It seems that it was just random banner given to them. I think it if better to pay iwht fiat because of the easy transaction rather than waiting for confirmation with just even 1 dollar item. This is really a very good approach. At present, you can pay with bitcoin but paying with bitcoin is not a suitable option as compared to that of paying with paper money. It all depends on your needs. If you think there is a need of converting your crypto currency, then you should go for converting your crypto currency into paper money. Otherwise, keep on holding your bitcoins in your wallets. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
prices will fall and maybe some people will panic sell but better to hold because the price will rise again and if panic sell will loss In the world of crypto currency, the worst thing one can ever do is to get panic at the time when the prices are falling down and go for selling his bitcoin. There is nothing fruitful which you can get by losing your control over your emotions. In fact, this will only add lot of troubles for you as you will be going to suffer a huge loss. You only need to remain patient and keep holding your bitcoins under such scenarios. |
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I agree if you say to do hold, because if I have to be honest myself feel quite confused to trade in this situation. the more coming is just the fear and panic.
No it isn’t. You don’t have to be panic and you don’t have to think that bitcoin will make your fearful. Be brave and face this dip. Bitcoin have been developing since 2009 and till now it has faced so many hard forks and dips. But nothing have made it down to zero. It always rehabilitate and come out with more profits. So don’t fear and hold, it will surely shoot up and make you rich. Eth has always tried to chase bitcoin and is fond of standing next to it. After bitcoin, eth is the most suitable coin for investing your money and even better than eth is waves. Eth is not better than waves in any regard. Bitcoin is the only coin which is biggest market holding coin. Bitcoin should be your choice for making bug money in the crypto market. Let us all stop wasting money on other coins. |
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Hodl,If you trust the crypto you bought, then you trust it will have more success, you trust it'll grow even more. The hold it until it make you rich (or you believe it reached the maximum success it could).
Your advice is good! But what will you do when it continues falling about 6 months or 1 year and other coins are raising up? I think that you should hold it on max 3 months. After that selling and buying other coins. That haven’t happened yet but you can’t sure that it will not happen. For sure, holding is best option and when you are not getting the price charts going up, and you definitely get panic then surely you just wait for a specific time and after that just sell your bitcoin according to price. But make sure your panic hold for long time and you take a better decision. |
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The biggest benefit to bitcoin is always going to be greater real world use, this could be brought about by all of those mentioned but I think the most effective would be by more sites accepting it. For example major retailers such as amazon accepting bitcoin would be absolutely huge and lead to an enormous price spike in my opinion.
Amazon Is accepting it and they took a great initiative as by seeing them more store will allow their costumers to pay in bitcoin and this will give ease to the store as well as the payer, this will increase the popularity of bitcoin as well and there will be increase in depend if people start using it as payment there will be more price rise for the sake of investors profit. |
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There will be some extra money  if you buy bitcoin and leave it to your favorite exchange then you'll get the same amount of bitcoin you invest. Bitcoin will remain the same and it will spike up for sure. Holding is always good and it is always profitable if it is done for long term and most of investor are doing so buying at cheaper rates and holding till the desire prices to knock at door to collect as much profit, bitcoin will remain profitable whatever time become and it will keep giving people its blessing and it will always be in the throne of digital currency. |
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Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.
I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.
Well after the circumstances that bitcoin cryptocurrency had faced, along with the banning of bitcoin exchange within the country of China, still bitcoin can recover and regain its great dump. It just proves that bitcoin is really a fast growing cryptocurrency and capable of regaining its price ratw whenever it came into a dump situation. This only implies that China is not a great lost for bitcoin to loose its consumer because of the dump. In fact, it only proves that bitcoin users are really too big in count that it raises the demand to make bitcoin price rate pump into the initial price. There is nothing wrong in believing that bitcoins are the most expensive and flourishing crypto currency t present and people are highly attractive towards this nee kind of currency. Bitcoins are highly expected to rule to world economy in the coming years and this is the reason why banks are afraid of bitcoins. I'm a big fan of bitcoin. The society of bitcoin make China enjoy a had defeat came from bitcoin. Now the only thing the Chinese government can do is cryring over the bitcoin and mining facilities they will lost or they already lost. The future of bitcoin is shinny. Honestly friends, whatever China did really shocked the whole bitcoin community and it affected the price very badly. A country that was one of the biggest supporter of bitcoin doing something against it all over a sudden scared the holders also. People start doubting bitcoin and sold out their asset also. However, I don't think so that China aimed to kill BTC and soon it will be back. The decision made by china is cutting them off from the outer world and they are neglecting the Importance of the most profitable coin of the world and bitcoin proved that china is nothing and bitcoin can survive without Chinese and after all the market down situation the prices are crawling up and will go beyond the limits and that will be the china’s defeat day. |
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