Good day as I am new to the crypto world What is really the way to make $ in in crypto ? such as Bitcoin or other coins?
I understand as i have some invested. in my wallets the values go up and down, so you can cash out or sell when value up?
do you just buy and sell currency as the markets move up and down? or what other ways to make $ with crypto?
do you transfer bitcoin over to other websites etc?
or what should i be focusing on? thanks
just like to know what all the experts do?
Good afternoon, I personally know 3 ways to earn money on a crypto currency. This is trading, mining and bounty of the company. But every type of earnings requires a lot of knowledge and experience. Trading is a very good choice if you are a marketing student because you need to look at the statistics on the market to earn more profit while mining is building the best hardware combination to get the best hashes and earn more coins. Working on bounty campaigns is the best to start without any investment because you will earn altcoins as a payment in return. |
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I just wanted to know that,what amount of risk is there in investing in bitcoins.
Right now i am planning to buy btc approx 3-4 btc and just hold them as i guess the price of bitcoin will increase in future and i will get some good profit.But i want to know what is the risk involved.Can bitcoin price decrease and is this right time to buy the bitcoin.
Risk is always there in business no matter what kind of business you have, There is always risk for you to take. Investing a lot of money in bitcoins also means a lot of profit will come, If you are hesitating to invest then you can also work on bounty campaigns and earn altcoins in return and from there you can start trading. |
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Bitcoins will rise again eventually its value but not immediately, It was a very good news that bitcoins today started with $13k dollars and it will probably reach $20k dollars at the end of 2018. We should invest today because the value is low and it only means that you will earn more profit if you started to hold bitcoins from now.
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What are the chances of living in a world with no actual money ?  The probability of it is actually very low because there are people who are still creating black propaganda on bitcoins and they are telling that cryptocurrency is a scam and we should not invest our money on it. I hope that they will get the right information about bitcoins soon because there are a lot of people already who earn money on this industry. |
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Hello there one year ago i bought 3 bitcoins but lost them all in gambling... :'(nd now seeing the bitcoin price makes me cryy...
I have 1500USD right now...i am thinking to buy the bitcoin now whatever i can get with them
Should i buy now or not as bitcoin is reached its all time high and in to the moon...please advice me
It was a very bad idea for you to spend your bitcoins on gambling because it was very risky, If you do really have that skill on marketing then do not give up and invest again, Start fresh because there is no way you will be late. Market has ups and down and today is the right time to invest because the value of bitcoins is low. |
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In my own opinion, Cash will never be better than bitcoin. Fiat is the number one use on the entire world but it was really hard to earn, Corporate world today are paying a low amount of value and you still need to work hard while bitcoins is more profitable just the same by working on the corporate world.
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There are different ways to earn bitcoins but for me there are only 2 variations, You can invest immediately and start trading to earn more coins monthly with small profits or work on bounty campaigns where you need to promote ico's and get high payouts after the sale.
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Both has different ways to use, Fiat is physical and can be used everywhere in the world but the value is not increasing unlike the cryptocurrency that has a market and increasing periodically. The scaling in the banks for time deposit of fiat is not increasing so fast and you can really compare that bitcoins is more profitable.
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If you are asking about the wallet, It can be hacked but with a very very low chance because the password is encrypted. Now, If you want to know if the exchangers that are holding your coins can be hacked? , Yes there are always possibilities for this websites to be hacked because there is really nothing is secured in the internet if you have a bad algorithm.
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Bitcoin and Ethereum coin are both cryptocurrency and you cannot ask something like what is more important because altcoins are created to compete with bitcoins so there will be an alternative coin if you do not have enough capital to invest on bitcoins.
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Today, Bitcoins is unstoppable and i do really expect that bitcoins value will grow even more higher as the time goe's by. There are a lot of people who already exchanged their bitcoins to fiat this december that's why the value is keep on increasing and some of us are just holding because they are expecting a higher value in the next more years to come.
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Just imagine selling your $259,900 house for 43BTC and 2 Months in street.
and after just 2 months sell 43BTC for $498198.
Again buying the previous also you will be in profit of $472298.
would you try this technique.
What will happen if the price of Bitcoin will go down? LOL. Don't make Bitcoin as a gamble of your daily life. Yes your right, This kind of mind set is like a gamble. You do not need to sell your home just for the sake of investing in bitcoins, There are different ico's that are running today and you can join to promote their coin and the payouts from this campaign's has a good amount of value for you to start trading. |
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There are actually two ways, Invest on bitcoins itself then start trading in the market like buy and sell, The next thing to do is start to build a mining rig and earn profit monthly and the only problem you will get is how you are going to pay the electricity bills but that is easier to do.
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Maybe in the future bitcoins will become a national currency but as of today that is very impossible to happen. Not everyone can manage to earn bitcoins because they do not have enough money to invest or cannot even afford to have a decent computer.
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I choose to invest in bitcoins because it is good for long term investment, I also want to earn money as much as those person who invest their money to bitcoins earlier and now they have a tons of profit.
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Bitcoin will really help to decreasing unemployment because there are a lot of ico's who are starting their company today and it only means that more job for us to come and we can earn more money from it.
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I save it to use in my daily needs because life to day is harder to sustain than before, Next thing is that i will rather choose to save my coins rather than spending it because the value is keep on increasing and that what makes the concept of bitcoins more interesting.
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Crypto is a currency because it is a value and it is a digital currency as well, You can also call it as an asset if you still have a day job while working on bounty campaigns, You can call it in both way's but the most important thing is that you earn money from it.
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No it will not, Bitcoin can make the country worse or better depending on the government because they are the leaders of the country. I do not like the idea that our government will handle bitcoins because they might manipulate the price for their own interest.
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The only reason for bitcoins to lose its value is that, When most of the old investors is not interested anymore in holding the coin or if there is a new coin that existed and surpass bitcoin. For today we do not need to be worried because the value is keep on increasing.
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