What is FOMO? Coud you tell me? i'm new here. I hold btc because I strongly believe it's going up. Didn't buy drugs with it yet but it's not out of my plans  I have no clue what it means. But I do now why I hold bitcoin. For me it is being part f something big. Something historic. In time we will see how big bitcoin is, but for me it is already big. Just hoping for it to progress like it did, so one day it will be embedded. Most of the people believe that bitcoin is going to be a great future investment and it's going to be future online currency, and it has been proven so now there are more and more people invest in bitcoin Well im one of the people too because of i always thinking that you invest bitcoin right now and hold it for the future instances then it could make you earn a ton of profits out of it because now lot of people are investing and using bitcoin and bitcoin is getting famous all over the world. People are expecting higher price in future and so they are investing their money in it at a moment but there is no assurance that price will go high in future and if it doesn't then it would be a great loss for all of us. |
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I dont see that Bank will disappear as Bank is the main need of all business until all country dont adopt bitcoin as their currency but still i dont think bitcoin will become main currency. ya but bitcoin can become investment option like gold , silver etc., but coming to main stream is very hard.
Yes bitcoin will never hit the mainstream as Government will never allow to happen that and bitcoin will be always used as an secondary currency, and even if bitcoin gains more popularity in future, banks will still exist. |
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I would like to know if PM manage to buy 1BTC at that time he asked for such advice. Now the time tell if it was wise decision  This is only answer which is true .... time will tell. Yes we cannot be sure what future will bring for us as bitcoin is very unpredictable and its impossible to judge either price will go higher or lower in future. But if you are going to be a risk taker and you see that bitcoin has a great future awaits. Then 1 bitcoin is not going to be enough to invest for a good long term investment. Because you see how bitcoin is going to be a good investment or if not you can just try a dry run maybe 0.1 bitcoin or depending to your capacity and if you sees that you are earning great then you can make it to 1 bitcoin. 1 Bitcoin is only good for experimentation but not good enough for the value to be invested for the future, bitcoin will surely be successful and if you will not put a decent investment it will not change your life for the better, this is already our opportunity to be rich so we need to grab it now. first of all 1 bitcoin is $640 so don't look at the small number "1" instead look at the value of it. so i say it is a good amount to invest. secondly it doesn't matter how much you invest as long as you invest what you can afford to lose. so it is not important that it is 1 bitcoin or 100 or 0.01 Agreed and if price reaches in millions in future then even 1 btc is enough to live a best life and its always good to have some bitcoins in wallet to enjoy higher profits in future. |
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Invest your free time doing a signature campaign on this forum, don't be so lazy it will never give you success. You should take action for you to be able have earnings. We should learn the hard way and give effort in everything. But having a passive income is really good, you can try gambling site affiliate.
signature campaign is not enough, and it is more like a side side side earning which is only good if you have free time and only if you have been already making posts on the forum. you should learn other skills and use the small earning from signature campaigns to earn even more. Yeah signature campaign is not enough to take care of our life as earnings are not too high, so it would be good if we can manage to invest that earnings in trading to have higher income in future. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
I say do both as well, save some of your money in the bank or some safe at home. Then invest the rest that you are wiling to risk or lose in the long run. Investing always entails risk while saving is not. That's true and to have a good balance in life I think we should go with both of them, investment will be helpful in long run and savings will take care of expenses in emergencies. Investment is an option but I know we all have the dreams to be rich in the future therefore we need to invest, with savings alone we can grow our money but it takes a long time to do it while with investing if we are good and lucky at the same time we can grow our money in a short period of time. Even if you manage to grow your money with savings then also it won't be valuable in future as inflation rate would be high too and if you want to experience value for money then you should invest them. |
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Im curious because im earning 0.005 per day , Im curious if it is a bit low. If it is a bitlow i will find another way to earn bitcoin again
I wouldn't say that it is a low amount, but you could definitely earn more. I only earn about 0.005 a day as well, but some people can earn a lot more if they invest or trade. Yeah if you put your some money in trading then you will be having higher income for sure, as earnings from signature campaign is limited and even not too high. |
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Who here doesn't care what happens with bitcoin as long as you can use them to make money, all the other drama doesn't really matter right?
All I care about is getting that $$$$ in my hands at the end of the day, everything else is irrelevant
For offline business and daily things, there's no need to use Bitcoin. What we can see here is a lot of especuation, hold, scams, ponzis... Nothing to attrack the people and make some difference in their lifes... About "low fees"... You have to pay to exchanges to buy/sell. If you trading with a lot of bitcoin, that fees is not so big amount. Exception you are lose your bitcoin in trading, any fees that you have to pay will feel so big(if you lose). We should be carefull before make any investment. Bitcoin is unused in several offline business and daily things of people out there becouse they do not know about bitcoin yet. If they know about bitcoin and how it works, I think they will use bitcoin happily. And ince again, the reason of most people stay in this forum becouse thay care about bitcoin and wanna now what news about bitcoin. Exactly and everyone will take best care of their investments, and if they would not be caring about it then I don't think they would be spending their valuable time on this forum. |
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Share with us what's your main reason for buying bitcoins?
Well until now since I joined in bitcoin world, I never experience to buy bitcoin, But I earn and got bitcoin through joining in the signature campaign. And with that I can save bitcoin for my future. If ever bitcoin goes down the price, surely I will buy it more. Why do you think bitcoin price will goes down? It's more possible the price goes up. So it's a big deal buying now. Same with some altcoins, in a long therm all good coins will give to you a good profit. The price of bitcoin might go up and down but what I am seeing with the current trend, the price will rise and I am very positive with that, in fact I have invested just lately because I think I will be earning an income in a short period of time probably before the end of this year. The bitcoin community is growing at a moment and same is expected in future so people will prefer to buy more bitcoins and that will take price higher in coming years so it would be great to buy some coins at this stage. |
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I'll switch with gold and keep it until 10 years   Lol and I think that is a smart decision to make as gold will surely give you good profits if you hold it for 10 years as we don't know whether bitcoin will survive for next 10 years or not so holding it can be risky. That's what I'm afraid of how 10 years bitcoin will endure or instead return to the price of 1 $ per 1btc, but I think gold will continue to survive even going up steadily the price,return to the mindset of everyone Gold will definitely survive in future but it can never go higher after certain level, and bitcoin has an ability to go beyond our expectations, so if you have 10 btc then try to make it 20 btc with it. |
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I know many of us are holding some bitcoinsin our wallets and still waiting for more high price to exchage. But we cannot predict the price motion of BTC five to ten years from now. It may increase more to its highest possible price or may go back to its original price. Can saving BTC be good in the future to spend?
Well I definitely think that saving Bitcoin for the future is a good thing. If Bitcoin does catch on, then you might make quite a bit of money selling it, or you could just keep the Bitcoin and spend it. Yeah as we all know that bitcoin has a great future ahead and it will holding some really good price so its always good to save enough coins to make good money from it in future. |
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I don't think that bitcoin make disappear. Though I know there is a possibility to be happen. But in this point of time bitcoin is in the stage of due process of popularity. I do believe a years from now it will become a well known digital currency worldwide, because of its benefits for the users and advantage too.
It is really impossible to believe that bitcoin is going to make the banks to disappear because we all know that banks are important to a country. And it is impossible that the banks are going to allow bitcoin to make them liquify easily because of bitcoin instead the banks have the power to make bitcoin to disappear. Yeah banks will never disappear but there is a full chance then bitcoin may disappear in future if the Government of countries ban it and declare it as an illegal currency. |
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None. As long as you are willing to learn, open minded, can understand, write, and enthusiastic everyone is welcome. I know someone who are still a teenager and having a good income through bitcoin. He was able to send himself to school through it. So as long as you have knowledge with bitcoin you can have an income with it.
Yeah bitcoin community involves majority of youth who are still students and earning good pocket money from bitcoins and have become independent financially, but I am not sure whether older generation is into it or not. |
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If I had a legitimate way to make the same amount of money with bitcoin as I do with my currenct fulltime job then hell yeah I would quit right now to go full time on bitcoin but sadly I can't make the same amount of money.
Actually the fact is our day job eats all our time and we cannot spare enough time for bitcoins but if we can manage to do that then I think there is a possibility that we can earn higher income from it. yeahi agree with what you said in the second comment. it may not be worth it at the start, but if you put time in btc, give it around a month, and a little capital, you may very well be able to earn quite close to what you're earning with your day job. well that applies to me, though sorry. if your day job is like making around 6 figures a month then that's a different story  People who have salary in 6 figures or even in 5 figures will never bother about bitcoins as they will concentrate only on their job as they will never prefer to put that reputed job at risk for the sake of bitcoins. |
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You can try to gamble with them because you never know maybe you are going to win the rest of the Bitcoin that you need.
I suggest you try it out but only for a bit if you see that it is going to wrong way then you should stop right away.
That is the worst way to multiply your coins as gambling never promises you profits and if you put that high amount in gambling there is sure chance that you will loose all of them in a single day. |
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I usually spend my bitcoins at gambling sites and trading sites. The most one is at gambling sites, especially sports book like nitrogen and sportsbet.io. Because i'm a gambler addict.
Cool, so what is the ration of your profit and loss? Do you manage to make money from sports betting as everyone feels that its an risky way to make money as majority of times you will be loosing. LOL actually some people who are addicted into gambling only doing it for pleasure and fortunately if they can also having some profit from winning the game,but they will eventually losing,it's like you're throwing your money and then picking it up again and repeating it I've gambled myself and won over two hundred bucks from it in profit, and then I have lost $60 by becoming greedy. If you can control yourself, you can win a lot. That still involves a big risk though, so don't rely on control only. If you feel like you're going to be a winner today, go play but only with as much as you can afford and you'll be good. You can make money in gambling only if you know when to quit and for that you need to have great level of self control and if you continue to gamble even after winning then at the end you will surely loose everything. |
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Every year is the year of bitcoin and it is more stronger every year its come and i think 2017 is much good to every body to get more income. Just keep collecting bitcoin in method that you do and save it for your future.
Yeah every year should be considered as an year of bitcoin as it is improving continuously and even in coming years we will see adoption getting higher which will help in taking price higher. |
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Per day I don't earn that many bitcoin and it is hard to say cause it is very different every day it can be zero or it can be half a bitcoin it depends.
Trading isnt really predictable in profits and sometimes I do random services which give me a nice profit.
Yeah we cannot expect accurate income from trading as it will be different every day, and we can expect steady earning only from signature campaign and other methods involves risk too. the uncertain earning for every day is fair enough if you look into the profit that you could earn in a day when with signature campaign it's actually make you earn low amount of earning each week even though it would be helpful for people who lives in poor country,if there's risk there's money Signature campaign is a really good source of earning bitcoin and even it can take care of your living if you are residing in a poor country and there is no risk like other methods have to earn it. |
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With my bitcoin I am just going to save a very long time and every now and then when I see a product I want to buy I buy it but the main goal is to safe and profit from the next halving in 2020.
You really have a great level of patience to hold them for next 4 years, to be honest I won't prefer to hold that long but will keep on selling them when it allows me to make profits and rebuy when price drops. holding your coins for several years isn't easy at all. especially because a lot people get tempted to sell their coins as soon as they see the price is going up. that being said, you can just save 20-25% of your coins for the real long term, and the other portion of your coins might get sold in order to secure profits. that way you can enjoy seeing the price go up as you have some coins left. seeing the price go up while you have no coins isn't a nice thing. just make sure you don't come into such position. Yeah certain amount of coins should be kept for long term to get higher benefits in future and its better to play with rest in short term and take benefits from the fluctuations to make profits. |
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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. Investment is very profitable for us who did understand about the game bitcoin. We will feel the advantage of trusting and knowing well about bitcoin. Because all the knowledge we get will certainly provide an excellent effect for us and we certainly will vote for investment At this stage I will prefer to invest in bitcoin as it has great potential to give huge profits in future which may not possible with gold and even we need to wait longer to expect profits from gold. Oh for sure, Bitcoin is way more profitable than gold, I too would choose Bitcoin as an investment. But for long term storage of my wealth I would definitely go with gold. with Bitcoin you can't simply buy and forget for 10 - 20 years, you need to always pay attention to what is happening with the technology, like for example if there is a fork and they give a deadline to swap your coins, you could end up losing everything if you're not keeping up to date with what's going on. If you have invested your money in bitcoins then you will surely keep yourself active with the price movements as no one will prefer to loose their money, and if you are active then it will bring more profits for you. |
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I wouldn't say that Bitcoins is the luckiest for apsolutely all of us. I know some people who have lost big time with Bitcoin. Generaly, for me is lucky but there were also moments when the things weren't good and I struggled. I think that is crucial to accept that ups and downs with Bitcoin are normal and that sometimes you will win and sometimes you will lose.
It may not be lucky for those who are loosing money in gambling but its good for those who are earning it with honest efforts and if you depend only on gambling to earn them, then that would be never possible. |
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