To be honest I do not have any plans on getting rich with Bitcoin because it is something that is hard to achieve at the moment.
maybe the chance in the future can become bigger but we still are not sure of it.
Yeah and getting rich from it will depend on the amount of coins we would be holding and the price of bitcoin in future and if we can achieve both the things then we can become rich in future. |
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Well, I don't earn anything in bitcoins.
But I do have a real life job, and I can use a part of the salary to purchase bitcoins.
I think you should consider getting a full time job instead of earning 0.005 a day, which is basically nothing. if you get a full time job, even if you don't have a degree or something, you could still earn about 0.1 a day.
You cannot compare full time job to bitcoin as bitcoin is only an extra money for us, and your earnings from day job will surely exceed then bitcoins but there are people who are earning more in bitcoins in compare to their day job. |
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ok if i have that right now, i gonna inveest in all the cheap Iconomi seller toks  only that ?I understand that we could not invest there again,already completed or closed since 2 weeks ago. but pretty much anyone invest there,and I regret not doing invest there,and profits could reach more 2X,wow it was incredible to those who do there is always a huge risks with these types of investment and you never know if the price is going to go higher or will it drop before you can sell anything and get your investment back. so I never invest in these types of investment and will never regret even if the price goes high 2x 10x,... instead I get in during that 2x, 10x,... rise and make more money from trading it Yeah investment is risky and we cannot be sure that it will bring profits for us, we may loose everything at single point if investment goes wrong, better move is to trade with them and make regular profits. "investment" is not risky per se. but investment in this type of things are always risky. it is simply because you never know how things will turn out to be like. just take a look at hundreds of other investments like this. you will see what I mean. there were lots of projects that had the bling and people though they will be super good and profitable but they ended up scamming people with their investment. Yeah majority of investments in bitcoin has turned up to be scam and people have lost money in it, so if I have that huge amount in my wallet then I will prefer to invest them in real world. |
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Hi guys  May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you? At this moment I am just saving my Bitcoin for the future because there is not much that I can do at the moment. The Bitcoin price is not that high so it would not make much sense to be selling some of them right now. I am going to wait for the price to rise again and make more money. That is a very simple yet effected plan, holding bitcoin is already a form of investment and risky at the same time so we do no need to complicate things or increase the risk to make money, the easy way is just to hold and sell at the right timing. That's right the timing of buying and selling is very important in bitcoins and that will decide your profit or loss, so even I am try to collect as much as possible and saving them for future to sell them at a right time. |
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Well, i always spend my bitcoins into gambling and sometimes i also do trading with my bitcoins too. In my country, there is no shop that accept bitcoins, so i only can spend it online.
Yeah spending them is limited at a moment and the country where I live doesn't even support online shopping as it involves huge shipping costs which is not at all affordable for me. |
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When I first discovered Bitcoin, I wondered if it was even worth getting into. Over my long time with it, I believe that there is one answer to my thought, yes. Bitcoin is worth everything and more. If only more people would start to see just how useful it is in everyday life.
Indeed it is a very reasonable thing for you, because it is bitcoin is one place or digital currency that requires hard work and also sufficient knowledge. Without it all then we would think that the only place bitcoin fraud Fraud is everywhere even in fiat and fiat holds more risk of frauds and cheating as anyone can scam you by handing over fake currency notes and if you don't hold knowledge of it then you will definitely get cheated. |
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Gold has been traded for centuries and has withstood the test of time. Gold has also an aesthetic value for the rich people who love to flaunt around their new super expensive gold jewellery Now I think both Bitcoin and gold can be used as a store of value with the only difference being that Bitcoin wealth can be moved inconspicuously while physical gold despite looking good in person has a lot of weight to it and you would need a safe to protect that treasure from prying eyes. All in all both have their advantages and disadvantages and their utility depends on the situation at hand. You can never say that gold is better than bitcoins becuase they are both good and allot of peopel want to use them both so you cant say the one is better than the other one you know. What you say is true, one is not 'better' than the other however the more complicated/advanced something is, the more dependencies it relies on just to exist, any single one of those dependencies fail and the whole thing comes crumbling down. Gold exists in and of itself without the need for dependencies like electricity, internet or electronic devices. And I think gold holds more number of trusted users as it its allowing them to make good profits over a period of time and the trend will continue even in future. No doubt because gold has been in existence before fiat was created I guess, and if you will compare with bitcoin they will certainly choose gold over bitcoin, however if you cannot invest gold you can always invest with bitcoin as it does not require a lot of capital to do it. Yeah that's a great benefit of investing in bitcoin that you can start even with a small capital and added advantage is that you can even earn them so ultimately it will help you in growing your investment. |
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If there is no money to buy Bitcoins you can try it for free. On the Internet there are many ways to do it
True i've already did this before and until now i still do not really invest my money into bitcoin, instead i do get it on a hard work like signature campaigns and some sort of trading (i only started to trade using my captcha solving and signature income) Same here, never invested a penny on bitcoin from my pocket but earned almost more than 1 bitcoin until now but spend all of that, and still earning through signature campaign and trading sometimes, by doing this i don't need to invest my money. Do not waste the opportunity bro, you can invest with your earnings here with signature campaign and other ways, this is the time where big opportunity is spotted as we are in the early phase, I am seeing more price increase in the future so it is right to invest now and get your profits when the value increases. yes there is no doubt that earning bitcoin from a signature campaign is a good way of making money but here you can ear a limited amount, so if you invest your money in alt coin section or if you have some experience in gambling, then there you can also make a good money. When it comes to gambling I think sports betting is safer in compare to other casino games and even its risky though but the best way to make money is from trading where your profits will depend on the decisions you make. |
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What if you already see your bitcoin as an investment in itself, would you invest an investment? Cause I am currently seeing it like that and investing fiat into bitcoin then it wouldn't make that much sense to invest the bitcoin further.
That's true the best option for us at a moment is to invest our fiat in bitcoins and it will surely benefit us in future as we will witness much higher price when adoption will be at its peak in coming years. The bitcoin will rise faster than most other investment vehiecle, so it is better to buy the bitcoin now. Price is rising at a moment so before its too late I think we should start buying them as price may rise in next couple of months and if we don't buy them now then we will surely regret in future. |
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That's funny. No doubt Bitcoin is increasing smoothly and it will continue its rising in the future most likely. But really hard to imagine that it will reach 50k in our nearest horizon at least
Yeah and I think that price is out of the reach of bitcoin and even if everything goes fine in future we cannot expect anything higher then $10k and that will be only possible if there is mass adoption. |
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In 20 years I foresee that bitcoin should be at a very high price or sooner than 20 years already and then I want to sell all my bitcoin and be rich.
Or if the price is going to be stable at like 1k per bitcoin in 20 years then I'll use be using bitcoin as main currency for everything.
If bitcoin survives for next 20 years then it will be holding much higher price but the only issue is that no one knows what exactly will happen in future and what will be the price bitcoin would be holding and that makes bitcoin very risky. |
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I think that i will spend it on my self, cause i don't like to hold easy money. If money was easy for you, you will easily spend them anyway.
I think that I would also spend it on my self because all of that money would be profit so It would be hard to hold on to it. I think that I would hold on to 5 and spend the other 5 how I want it to. Yeah if we ever receive a free money the first thing that comes to mind is to spend them on our luxury but I think we should have self control and try to grow them to grab better benefits in future. |
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I am still waiting for the day when I could actually buy something using bitcoins, spending them on mobile upload or paying bills cannot be treated as an purchase made with bitcoins.
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How, and how much did you manage to lose?
I lost some in gambling, I guess I entered gambling cause I was just curious and it's popular . How much did I lose? Just a little amount, It was just my spare coins and before I entered gambling I have read a lot of threads regarding gambling that's why I'm aware of it's risks. Even now gamble when I'm bored. Loss is a loss either higher or lower and if you like gambling then you can spend time and money there as its your own money and you can use it anywhere you want, Good Luck. Yeah you have your own decision if when you gamble or not.. if you lose make sure that you can afford to lose because gambling is good only for past time and entertainment.. Yeah gambling is good till its limited to have fun but if it becomes and addiction then it will surely wreck your life and even make you bankrupt so be smart and take decision accordingly. |
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I dont think bitcoin affect life allot i think that people who are using bitcoins affecting life allot becuase they are not able to make money in an other way
so they dont want to work only deal bitcoins and doing nothing.
but to me it has a great effect on my life. as bitcoin can really give me a good profit some time it solve much of my problems on other side the bad effect is that i use to study the bitcoin market and other alt coins in detail, Learning new things is a good thing as knowledge gained will be with you for a lifetime and it will help in becoming better and knowledgeable person in bitcoins which will contribute in making higher profits. |
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Really I would just come right out and tell her. If she cared, doesn't care, I don't really care about her opinion. She just wants to use it to buy clothes anyways.
If she comes to know that you earn money through it and she would only comes to know about that if you make her understand in details, then she would probably take interest in it as everyone knows girls like shopping and shopping needs money  She will tell you that if you are earning money and if you are taking care of my shopping then why should I earn and she will definitely spend them on shopping only if you give it her in her hands for free. Honestly my wife already know about bitcoins i convince her to use bitcoin since last year and now he is addicted in on of the game live poker.. using bitcoin. but it is ok since she dont go out side because we can gamble here online. We are trying to convince our girls to earn them and you have shown your wife a way to loose them, I hope she is making money from it or else results will be horrible for you in future. |
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I really do not want to convert my bitcoins to fiat and also I do not want to keep them idle I want that bitcoin is accepted everywhere and I will be able to use my bitcoin for all of my financial purposes.
For the moment I plan on holding on to my Bitcoin because I think that in the future the Bitcoin is going to rise again,. then I will see if I am going to sell some of them. That is the only plan I have and after that I will see what I will do next. Holding if you have enough money to sustain your daily needs is a must. We all know that bitcoin when adopted by more merchant will increase its price. But for those who don't have enough money to sustain their daily needs, all we can do is collect all the bitcoin income from several task and job that is done and then convert it to fiat money. Yeah I am following the same as I don't have high salary from my day job so at every month end I suffer from financial crisis and at that point I prefer to sell my earnings from signature campaign and exchange to fiat. |
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No I'm not actively spending my bitcoins because I think its not smart to spend them with all these increasing that are coming up.
I have good hopes on the fact that the price will increase very soon.
i think spending bitcoin is part of method to growing bitcoin in the world, if more people use bitcoin (spending it) so the merchand will get some profit and he will keep support bitcoin. for me more merchand avaible is better than rising price (pump) . Exactly, because you contributed to help in increasing on the circulation of bitcoin in the world, you also need to be smart and not just spend alone as you will not benefit it when the whole economy benefited, saving and investing should be done by a certain person to benefit as well. If you have bitcoins then there is nothing wrong in spending them, saving them for future is also good but if price goes higher then we should not hesitate in selling them to secure the profits. |
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The best way for a steady income is to just have a job because Bitcoin is not going to let you have a steady income because the Bitcoin is not stable at all time.
Just take a job because then you will be sure that you earn money every month.
Bitcoin is not stable it does not mean that we cannot get a steady income from bitcoin. We have saw some bigger variations in the price of bitcoin but still there are a lot of people who are getting a good benefit and a steady income from bitcoin that is why bitcoin is loved till now. Yes people are earning good money from bitcoin, it may not be steady but it is definitely taking care of their living and has improved their standard of living for sure. |
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I will prefer to diversify them, 5 btc in trading, 5 btc will hold for the future and 2 btc will sell and convert to fiat as its always good to have some hard cash in hands to spend them in real world.
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