Since the price has started the decrease a bit I believe the price would have to wait around Christmas to hit that value, because usually around new year and Christmas the price suddenly increases and then stays there for some time at the very least.
We know that when Christmas is coming a lot of people has enough money for buying out bitcoins. But I guess the price will even reach back close to $1,500. But let's see if it will be the same as usual every end of the year the price is pumping, it's acceptable if the price can reach $1,500 after this year ends. Anything is possible with bitcoin and it can even touch that price before the end of the year and if not then it may even take more couple of years to touch that price as bitcoin is an unpredictable business so its better not to think much and looking at the price movement take your decisions that can give you best results. Yes it can happen though there are some are saying that it will take a longer time before it happens but as long as there is a chance then that's fine. But it's going to be better after this drama the price can come up again to $1,200+ and soon when it happens we'll see that it land next to $1,500. Our primary concern should be that bitcoin recover its price and gets back to $1200 level and if it does quickly then after that everything will be smooth and price may start moving in positive direction after that and then our next destination should be the price of $1500. |
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During trading, you need to think with your head and make your own decisions. In case of loss, it will not be so offensive, you can learn from your mistakes. During the investment, you do not need to bother with the choice of strategy and the miscalculation of profit options.
Exceptionally you are wrong because for both there is risk involved, because before investing and trading you have to find all possible ways, whether you will make the profit from it or not. But when compared to investment, trading will be in our control. But if you look for higher returns on your investment, then definitely you have to bear the losses, because when you do invest, the control of your money will be not our hands. I agree with you completely. Any investment is a risk because companies whose shares you acquire are operated by other people. There is always the risk that the income of these enterprises will be hidden or the company will go bankrupt. if you do not want your money in the hands of others you can try trading. because the investment is essentially a trust investment you choose. if you buy the stock then make sure the company is strong and potential For me trading is better as I cannot be always be dependent on others to make profits and if it fails then I will regretting on my decision so it would be good to have control of funds in our own hands and try to take decision according to the situation around. |
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of course,saving bitcoin will give you benefit you just need to save it for some time or hold it for a few years. depends on your need
you will benefit by reselling your bitcoin at a higher price?
Saving bitcoin for a long term is always an right decision to make as it has an ability to achieve best price in future so at that time if you have enough bitcoins in your wallet then you can sell them at that time and can get huge profits in return but you have to make sure that you sell your coins when you are making profits from it instead of holding too long. yes that is what i am also in favour of long term investment. as long term investment is not risky as compare to short term investment. in short term investment there are more chances that you will lose your own money. Yes and holding it for long term can also give you some sort of relief as you are confident even if price goes down in short term but it will rise in long term so risk of loosing money is not too high in compare to the risk of loosing in short term and bitcoin is a long term investment and should be treated in a same way. |
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If you want a steady income then you need to work for it. Your skill and smart ways can make you successful. Bitcoin is being treated as a business because it use for online investments. Investing on the bank roll is better than just playing all around.
But there is also an risk of loosing money by investing in bank roll as there is no guarantee that particular site will exist in long run and will give you regular returns so investing in any online site is very risky and I don't see any steady income in bitcoin world as price keeps on fluctuating every time. |
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Saving money in the bank and saving money in the bitcoin wallet is a form of investment it will generate interest income, and for me much better to have 50% of bank deposit and 50% of bitcoin wallet deposit for your money, because in bitcoin the value is rapidly increasing and we able to earn big profit easily much better income than bank.
Yes and the interest paid by banks is too low and it won't help you in long run but if you have saved enough bitcoins then you can expect great returns from it in future as price keeps on increasing and it will give you better returns in compare to saving money in bank in the form of fiat. But you can assure sure profit and safety of your money if you are holding huge amount. Because if you just let your money converted to bitcoin and just store it on bitcoin wallet, there are so many risk that might result for your money to lost because bitcoin is not stable and can be easily hacked by a PRO hacker especially if you are not aware about the security of your wallet, because even a secured website/ exchange are still hacked by the hackers. Agreed, saving big amount of money only in bitcoins involves huge risk as it can get hacked by the hackers and even if avoid that then there is always risk that the price of bitcoin can go low in future so if you have saved all money in bitcoin then it will bring negative results for you. |
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as for as i know no one can trace you ? right ?
yes that is the best feature of bitcoin and you know because of that feature many of gambling sites are successful because with that feature people from all over the world are able to gamble and before bitcoin many of the people were not able to deposit to gambling sites from their bank card due to their bank rules. Yes people love bitcoins because they can gamble very easily with which was hard before the existence of bitcoins and now with bitcoins they get total privacy to gamble and no one would be aware about that they are actually in the world of gambling. |
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Bitcoin is money because it does everything that physical money does plus payment processing. I'm convinced that it's money and should be treated as such.
Yes we use it like other currency for buying anything and if not we can always convert it to real money and it can be also sent in the form of money to your friends and relatives so for me bitcoin is genuinely a real money and better then real money as its also an form of investment. |
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I have not been earning a lot lately so I am still still weighing my options if I am going to convert it to fiat or just wait for the price to reach four digits once again. If the bear is going to be with us for a while, I might be inclined to get funds elsewhere and just gamble and buy at these levels, hoping that sometime in the future, the price is going to increase again.
If you gamble and buy them with current price then your gamble will give you positive results in future as history of bitcoin clearly states that the price has gone higher over a period of time so looking at the past history I think there is nothing wrong in buying them even at the current price. What an awful comparison with buying bitcoins as gambling. Buying bitcoins is like a physical assest you are buying as investment. A month before bitcoon value compared with a ounce of gold. We are in that mark. Don't give damn to this current dump. Price will recover for sure. Current dump is not permanent for sure and it will start recovering very soon and bitcoin is a digital gold whose value keeps on increasing at time passes so the smart thing would be to invest money in bitcoins at a moment as price is low and hold it for long term to get best returns on your investments in future. |
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i save my bitcoin for the future of my family, i do not like to waste every satoshi of bitcoin and i do my best to collect as much as i can to have good amount of bitcoin on the best time to sell bitcoin.
Well I completely agree with you that this is not the best time to spend bitcoins in fact we should try to collect as many as possible and save it for future as if price reaches to the moon in future and if you have good amount of bitcoins then it can make you rich in future. |
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After updating my signature I can see my details on bot does that mean I am in?
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Username - gsrcrxsi
Number of Posts - 384
Rank - Full Member
Bitcoin Address - 1C2AcKxzoX76aEUz2xecXRBLNdk7AniniT
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Username : gsrcrxsi
Post Count : 383
Bitcoin Address : 1C2AcKxzoX76aEUz2xecXRBLNdk7AniniT
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Saving of bitcoin may lead one to profit or loss it can not be predicted because its rate is changing and may increase or decrease. But saving for future is good thing so saving of bitcoins is good.  save bitcoin will not make you lose, because you will avoid scam and losses. for storing bitcoin will certainly benefit, because the future will be bright and certainly bitcoin already guaranteed price will be higher than now Yup as we are seeing that the price of bitcoin getting higher and higher so its a smart investment to make as price will be much higher in future so its good to save as many bitcoins as possible as it has a potential to give us returns beyond our imagination. |
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If i were you, i would split the BTC, i will save 10 btc while use the other 2 for trading. But trading is risky especially if you do not have enough knowledge and experince. But if you are too lazy to learn about trading then i guess just hold the Bitcoin until the price rise again .
If you want to do some trading better to do with all of your coin, there is so pointless if you are just using 2 btc of your total coin, that is not even half of your balance to do trading. If you can manage to use high amount to trade I believe that you will earn a quick cash. Because bitcoin price is really volatile so you can take advantage in this kind of trading Well i asume he does not have any knowledge in trading, so i suggest using that 2 bitcoin for trading while learning. Because trading with zero knowledge is too risky. If he's confident enough, then he can use the other one or keep using the 2 btc. 2 btc is really good amount to start trading with especially if you are trading altcoins, buy cheap coins with a descent volume and if price boosts then it will give you some best returns but if you are on learning curve then its better to start with 0.1 or 0.2 btc and gain some practical experience of trading. |
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When i first learned about BTC i told everyone in my circle and they either didnt know it or didnt believe in it. So i bought some. When it reached 1000usd for the first time people started asking me infos, then i sold....
That is the attitude of people when they can't see that it has nothing to gain in the first place then they won't put any effort into it. The same thing in my situation, I did invest in it for a year and people are just laughing at me but my family is supportive to me and now the fruits of labor and wait is being reaped and I'm happy about it. long term investment is really a good idea and i thin one can really get a good profit from long term investment as compare to short term investment because short term investment is very risky and one can really lose all their money if one have no experience in short term investment. Even long term investment sounds to be risky as no one can be assure what will be the result in the end so in that case I would prefer to go for short term investments like investing in altcoins as you can get results in quick time and if you invest in right coins then you can make good profits in quick time. |
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Definitely it was an great experience to know about bitcoin as it was giving me an extra money to earn and who doesn't love extra money? Started to learn more things about bitcoin and also different ways of earning them and now I am earning a decent amount of bitcoins on regular basis that even I can afford to quit my full time job.
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I am earning from signature campaign, trading and gambling and I think this are the most popular ways of earning bitcoins, no doubt gambling and trading involves certain level of risk and you may even loose your bitcoins into it but if you want to earn more then you have to take that risk.
These are the methods that most people are using nowadays, because there are few people who have the money to open a Bitcoin business, something that I would do myself if I had the capital. In my case, I do not have much experience with gambling, but trading is something I've done for some time. I've same idea with you, I mostly earn bitcoin from signature campaigns because I've just known about bitcoin for 8 months so everything are new to me. I have to learn step by step. Actually, I've tried some ways else to make bitcoin like betting, investing in HYIP, clound mining,... But I have to amit that, they all fail and sometimes I lost all of my balance. So now i'm just saving my balance for trading, I'm learning about trading coin so maybe in some day, I will try  You should really do need to learn trading and those saved bitcoins from signature campaign payouts would be used because we do all know that signature campaigns doesnt last long and they are just for temporary basis which means we do really need to find alternative ways incase it would be gone like doing trading. I agree! I'm trying to test my trading skill with some new coin now and hopefully they will give me good experience so I could do better in the future. Talk about signature campaigns, this is the newest way of advertising that I've ever known. And of course, its very creative and interested me in the begining. I don't expect that those campaign will be last forever but maybe it could help you get some fund for your trading, right? You can make some funding with a signature campaign, I did it in the past and I made some money with it. But, you need to provide valuable content and write good posts. yeah many member are earning free bitcoin through signature campaign but signature campaign payment is not enough for everyone they pay .02btc per member and i think its too much low amount for many members. Something is better then nothing its really good that signature campaign is helping us in earning certain limited amount of bitcoins on weekly basis so without wasting them in gambling we should try to save as many as possible for the future as price gonna skyrocket in coming years for sure. |
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I think is better that you buy a portion of your saving in bitcoin. Then you store your precious digital money into a hardware wallet and wait patiently that the price of bitcoin increase over time!
Yes and saving money in banks will give you 2 to 3% annually and inflation will eat all your money but if you save your money in bitcoins then you can expect huge returns as price of bitcoins keeps on increasing and it can definitely give you better returns in compare to banks. |
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I won't call it as an disadvantage but its a problem that I cannot use my bitcoins at physical stores to buy physical things I mean it would be great if I would be able to spend it on by groceries or may be paying my restaurant bills with it, bitcoin is not developed in my country yet and I think it will take long time for that to happen.
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Well, when i was new in bitcoin field, than always i spend my time to search the free bitcoin sites. But i learn from my experience nothing any sites here where we earn free bitcoin, except faucets but they pay very low and in this way, we can't earn 1 bitcoin, except gambling is only way where we earn fast but on the risk. So i choose different ways like hold the bitcoin and also i try to do altcoin trading.
Gambling will give you 1 btc in a day only if your are lucky enough and its not totally free as you will invest some money to gamble and may be you will also loose whatever you have invested in it as gambling is totally based on luck and I think its a worst way to depend on gambling to earn bitcoins. As quoted for free bitcoin earning depending only on gambling is not a wise decision. It is better use your skills to earn bitcoin which helps you learn and gain knowledge. With gambling only luck will play major role though you have made a long study about the way of profiting through gambling. I agree with your statement, you cannot view gambling as your main source of income in bitcoin, but only to spend your time and have fun. You can expect to lose everything, so better to play with money you can afford to lose. yeah you are right that gambling is not a stable source of income because gambling is too much risky maximum people face to high risk in gambling i prefer that trading and other online tasks is much more better than gambling. Gambling is not a cup of tea of everyone only rich people can afford to gamble with huge money as even if they loose it won't make any difference to their financial status but an average earning person is dreaming to make a big money from gambling then it will never happen and most of times he will find himself loosing everything that he have. |
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