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Still it is not much of a movement if you are buying just a little amount. It wont hurt that much if it will move down. Still there is no telling if it will rise sooner so you better get some of it.
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If you're just looking to earn an extra buck on your coins at virtually no risk, lending it on Poloniex is always a good option.
I think if we become freelancer on trading, we just need small capital and trading altcoins on poloniex and it is mean just pasive income and doesn't need fiture lending on there, because we must pay back. A small capital can be done with it but it means a there is not a lot of income also. Safer and faster than gambling though still the risk is there. If you will just invest a lower number it doesnt need much monitoring but for bigger ones it is different. You may want to think like it is your baby. |
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i stopped gambling first of all but if i had a chance to meet with bitcoin for instance 2 years ago, i definetely gamble with bitcoins because you are full of anonym and it is the best specialty of bitcoin..
Well we must not try to encourage customers to gamble and use bitcoin so that they are going to experience perfect gambling experience. But I can't deny that because of the gambling industry in bitcoin it is making the demand of bitcoin higher and that is helping the economy of bitcoin to keep on working. Let's just tell them that if they are going to use bitcoin, they are going to experience convenience shopping although limited stores do accept bitcoins. I agree seeing that there have been a lot of gambling sites that are opening which are accepting bitcoin as a method of paying. Surely it does a lot of pooularity but let us be responsible in playing it. If you cant afford it then dont or stop playing. Let the rich people do their game. |
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I hoard my bitcoins for my next generation. So no I don't spend them.
I thought it was weird. is it you always save bitcoin income that you get in your wallet and you never trade it to fiat or even use it at all. I thought it sounded a lie, but I do not really care about it. I rarely spending bitcoin I prefer to convert it to fiat Well, if your choice is just to spend your bitcoin or convert it to fiat you are doing a great job for helping the economy of bitcoin because you are part of the good numbers of people who help on the circulation of bitcoin, but I thing I can tell you is that you will not benefit when the price will increase because you do not invest. He can still benefit from it if he will buy back. The thing is you need to wait for the larger investors to make a big fluctuation. If it is just you who will convert it then it will not be much of a movement. There is still time to buy and I dont think it will be moving so fast with this large price. |
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Cash is the faster way to deal with physical transactions so it should stay or if there will be somethinh else that will be created which can make it faster with convenience then change it.
It is way too difderent than having a bitcoin. You cant deal with everyone through it. You would that other person to also have an account. Same with banks.
Still the purpose of bitcoin now is an investment or if suits you it can be used as an online payment method.
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Maybe the next financial is already starting today. Has anyone seen this news? https://www.youtube.com/watch?v=qoA-rlpVJp0Ron Paul is claiming that the US Dollar will collapse on September 27, 2016. That is today! He is also saying that gold's price will go to infinity. Bitcoin could also possibly be one of the safe havens where the people outside of the community can store their wealth. Now might be a good time to start talking and educating about Bitcoin. No way that could happen. I understand how truly strong USD is and do you think they will ler this happen. Large investors will be fucked up with this. Do you thing they will let that happen? Firsr there will be news about a lot of money transferring from USD to another currency. |
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Does the Price of Bitcoin Matter?
The price does not matter...the change of price does matter. Lol, both are same man! By price he probably does not mean the word price, but he means the ups and downs in price, and that is all matters in bitcoin i guess because everyone comes towards bitcoin to gain profits and if the price stays the same there wont be any profits until someone is earning them. I'm glad making you lolling...(lol) I dream of an unchanging bitcoin price...it would be so simpler with my U2 system for my members. At how much price do you think it should just stay? Dont you like the fluctuations for a better profit exchanging it back amd forth USD-BTC? |
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It can be. But be careful to where you will donate it. Scams are lurking all over the bitcoin community and bad people could create some stories to where they would need funds for an unreal story. This could be something about people with sickness or something else.
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I can tell you you wont have bitcoins instead of cash for real i don think you all know what it means to have cash more people on the world have cash instead of bitcoins.
Well it is the truth no one says it is not. Some may be changed because of too much exposure into bitcoin and believing it is the strongest but it is not. There are a large percentage of people using cash. Rich and almost every poor society will lean on it. |
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Earning money with bitcoin is just earning bitcoin since bitcoin is money. Anyways you can try trading if you like big profit and a challenge or you can check services too to see if you can do something for people
Trading is really exciting and challenging as if you are being tested on how well you are at managing it. I wont recommend this for guys that cant go online for quite some time or if you did, be sure to put some limit on how much you are just willing to lose or win. With that it can be controlled and the losing part will be lessen. |
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How slow it is.. I can't imagine using it like my visa card..
Yes I know about the bitcoin debit cards etc but that's not paying bitcoin directly.
Have been my problem also this past few days. I wonder if this can be cured. They say you have to pay more for it to become faster but how it is done is not yet in my knowledge. |
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I don't really have a big strategy like most people I trade small amounts and am still learning so my "strategy" right now is to read up gain knowledge and perform in real to gain experience.
Best strategy even at Senior Members we still need to gain knowledge. We know there are a lot of things out there that are new so we need to learn it again. We dont stop specially with altcoins because there is a lot of it now. |
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All investments takes a lot of risks.Its how you manage
your money and its how you grow your btc.
I think best investment of your btc is in trading.
In trading you may grow your btc but on one note
"Buy at a lower price and sell it at a higher price",
for sure you can earn profit in trading.
Sure that every investments have its risks. But it is how you can manage it that will minimize the risk. Picking the most qualified investment that suits your liking. You dont want to be doing something that you dont like or you will get bored with it in time Maybe something that can connect to your career. |
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I think the best way for me might not be the best for someone else. We all live different lives and we have different strategies that can work for us. What I do is set a long term goal so that I could manage money properly. I try to delay the gratification that I'll get because it always feels better to get something that you really worked hard for for a long time.
A long term goal is kind of hard to someone else. Yes just like you said. We differ in how we manage it. Some are not that patient to wsit for a long time and itching to get faster money. They want to feel the income at a fast pace which is wrong. |
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Usually change it to US dollar then back again to butcoin. Problems are when the exchange rating of USD also changes. You have to consider all of that also. You might also want to register to other exchange site for better prices.
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For the people that are just waiting it will be boring. A new hobby should be created to get the excitement back. If you woild just want it as a storage then let it be. Dont check it always as if you are taking care of a baby.
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Im earning through sig campaign and the payment here is weekly. i receive 0.009 every week in my current rank, its not big but a big help for me. i also trade but currently i cant predict how much i can earn.
Use your 0.009 per week as an additional capital for your trading and eventually you'll be surprised that you actually are holding a lot of coins. I also agree that a trader doesn't know how much he'll be earning in a day or if he'll even earn any amount of money because trading is very unpredictable. There are days that you thought a coin would rise but it would actually take more time for it to rise. Trading isn't a stable thing so it's also not-so-good if you'd depend financially solely on trading. That happens mostly in trading when you buy a coin with the thinking that it will rise by tomorrow but it does not, but it grows later on so being patient in trading is the most important thing what i feel, and as Fatanut stated that it is never a stable way of earning money as sometimes you earn and sometimes you don't so relying just on it would not be a good choice. Never be a stable income. A bigger percentage now of losing it because of the scam coins that are being created. So you got a little number to pick now. Those are the trusted ones that have been there for a long time. Problem is they dont move much. |
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What's a big problem? People using bitcoins to buy illegal stuff  Even fiats are being used by criminals or by people to buy illegal stuffs. We have to be little carefull about putting recommended transaction fee as well as when copying bitcoin address where we gonna send out coin because as bitcoin is irreversible once we sended it to wrong address its gone. Well this cannot be treated as an problem, this are the basic precautions that every user should take to not loose their hard earned coins in such a silly way, and apart from that I don't see any problem in bitcoin. Maybe we should stop thinking about it and focus on making some right things that cam be used to make bitcoin more good looking to new investors. |
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I think that trading should be considered a hobby, and not a job. I also think that the only method that there is to trading is to buy low and sell high and have some amount of money to start with(any amount of money will do).
Oh yes you aee right. We forget that at first the only reason in doing it is just for fun and take out the boringness of just waiting for bitcoin to rise. We got serious with trading and it goes far that it is almost gambling. |
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Well maybe he is one those guys that would take higher risks. If he do believe in bitcoin then it is his choice. It will be a higher chance that he can create a bigger profit than us. That is the trust we are looking now. Maybe he can earn a lot in his day job.
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