Yes, crypto currencies can make a person rich. Only it is not known which of them will rise in price in a few years, and which may disappear. It is more profitable to keep savings in several crypto-currencies.
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My biggest problem with bitcoin is that it takes a long time to earn some money but also it takes a long time for the transaction times but i can't really complain because bitcoin is the best thing i've ever had.
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For me, the best way to save money is to prioritize first your daily needs. Make a budget on everything you need to purchase so that you will not be overspending, keep track of all the expenses.
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We invest in bitcoin because we can earn money through it. We can increase our resources. Many people have become rich by investing in Bitcoin. By investing in bitcoin, we can save some money for our future, our children.
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I want to become rich and I want to travel in all parts of the world and to buy whatever i want. Enjoy the things that i have and involve in business engagement just to keep my wealth.
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People want to influence the market and say its dead and it has no future, because of that are gonna panic but that is what they want. I recommend you to not listen to these weird people.
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Yes, they are afraid to this cryptocurrency. The one reason is if all people withdraw their money in the bank and they put into cryptocurrency the bank has no more money.
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I think it's bitcoin that touches the interests of many people. Some people control a lot of wealth and power, and they don't want bitcoin to appear. Because bitcoin is likely to reduce their wealth, they don't have many advantages in front of bitcoin.
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If you are talking about wallets then the security of your bitcoins will depend on the device you are using and your wallet provider. If you are using web based wallets then your bitcoins aren't secure but if you are using offline wallets such as Bitcoin Core then your bitcoins are secure unless your device have a virus that keylogs you.
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I'm already a "Member" on the forum please change me in the table #7
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Bitcoin will never end not unless if the whole bitcoin holders will be selling their bitcoins and get to have another cryptocurrency. But talking like this is nonsense, we know on how big the market cap of bitcoin and it is keep on moving upward so bitcoin will never end.
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All of us want to become rich and no one will want to become what they are right now. All of the people always wants to target higher place for their current state and that is why they are here for bitcoin because they want to earn more money and improve their life and become rich.
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There are lots of reasons why people do this, maybe they are not satisfied. Their expectation wasn't totally reach up here. But based on my observation, many people have an opposite reaction towards this.
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Problems won't stop coming but bitcoin survives. There are many things in the past that hinders the growth of bitcoin but here we are now. The price decline that happened cannot stop bitcoin, it could recover, we just need some patience.
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It can help by way of financial needs. In every community which their's a lot of people access bitcoin and they earn bitcoin by way of accessing it will converted into cash money and in that way they can buy their needs such foods and any valuable things. If bitcoin will continue of being popular in terms of financial needs maybe somedy their's no longer people belong to poverty level.
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I think the insecurity of the value fluctuation is something that scares people. There is nothing to worry about the security of the technology and on top of that, Bitcoin is also offering several benefits over traditional fiat system so there is no issue of insecurity in the possession of the value. Since there is no central controlling authority, the possibility of anarchy is another reason to oppose for some people.
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Bitcoin was the first crypto-currency which changed the world. After that appeared many other altcoins , some of them are dead already and some of still exist. I think it's pretty possible to another currency replace bitcoin, something new that clear up all mistakes of bitcoin.
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Yes there is no doubt about this bitcoin is really going to be an international currency. Different countries are now thinking about it to regularize it and turn it legalize. I think after no one can stop bitcoin from becoming an international currency.
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All this characteristics are showing all pluses of bitcoin and it's using. But add to that I think that bitcoin brings great perspectives to all users and especially to that people who chosed bitcoin as the form of investment. I am sure that it's still possible to make big money on bitcoin. Bitcoin is in the beggining of it's history and many things and places where it an be used is still not created. So, there is the big field to create your own business based on bitcoin which will bring you some great profit and make you rich.
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For me saving and investing is the same, investing is like saving for your future and it goes along with an interest, while saving is for your future but may not bear an interest or profit.
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