People want to ensure their security and due to that they are doing this, overall it is a good thing to do but its not something you can easily do.
You also need a list with all these wallets, and that is maybe a risk because if people gets this list you are also in danger.
thats true, and i think the more wallets you have the safer it is to hold your money, you can also make money with it |
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I also agree with you all. bitcoin might not make disappear the bank, because the bank is a financial institution that is essential for the international economy
We share the same thought, banks will never disapper even if bitcoin become international currency. The reason is that bank isn't for money storage alone. Banks are also used to store precious metal or delicate documents which is locked inside it's vault. So even if Bitcoin control the currency, bank will simply find its way to adopt in the situation and taking advantage and earning out of it. We don't see any strong reason behind bitcoin replacing banks, as bitcoin is too small in compare to banks and banks holds support from the society and Government, where people don't have much faith in bitcoin. well yeah right now there is no reason for banks to be replaced by bitcoins though in the future it is still possible |
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I'm not going into all that debate and whatnot, all I know is that I can use bitcoin to buy things,
I can use it to pay for my bills, I can even convert it to cash anytime I want. So, as I see it, it's money.
More than that, like fiat it can buy things and like gold it's value could go up or down. Bitcoin does all these while making it easier for payments ;with the near instantaneous transactions and low fees then, as for the value; it could be both good and bad in terms of investmen/speculation becauee of the volatility.
LOVE IS MONEY thats nonsense in my opinion, money is not love at all and love can exist without money for sure |
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all the way to earn bitcoin will be easy when you love to doing it, there is a term that's say love everything you do.
Very rightly said, we need to love and enjoy whatever work we do, the work won't be a work anymore and it will be total fun and excitement and same thing I feel when I work on bitcoins. thats true, but sometimes it is just impossible and then you might be really sad if you dont like your job |
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In my opinion most of the channels that are open for earning some money with bitcoin, earning from faucets, especially with the now low rates, can be a very frustrating way to earn. Perhaps trading is the best option, despite the risk.
faucet is very low earning if we compared with the current rate, but in future if bitcoin price rising to $1000, i think 1000sat is a good amount for solving 1 captha  you are right but there is no such faucet sites which pays 1000 satoshi per capatcha solve . in my opinion the best faucets btc earning site is freebitco.in but this site pays 225 - 600 satoshi only for solving per capatcha per hour . so i will suggest him to earn with two or three multiple accounts in different browser . There are many faucets out there that pays 1000 satoshi, but it's not every hours, maybe every 12 hours. But yeah, faucets is not good for earn money with bitcoin, because the rates is really low. Faucets are good for those who are beginners in bitcoins and don't have any other sources of earning it, but its true that current payouts won't add any value to your income. thats true, but for older users i think it is better to do some trading in order to make money over time Actually trading is also a good one to earn money with bitcoin. Especially, if you have big balance and want spend your money. Many experienced traders can earn up to 10% profit per day. i think it is one of the best ways of making money because you can do it all the time and make profit |
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The fact here is you bitcoin can't disappear the paper money we are using this since bitcoin is not a part of community we all using paper since we born on earth and we still using it to buy bitcoin it has a bitcoin potenial to grow more our community and economics soon paper money is very important
papermoney is going to go down for sure, i think that the price of the bitcoin is going to grow and dollar will be replaced |
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Yes I believe in bitcoin,first it gives me a chance to explore and highly motivated for a chances of earning.At first it may take risk but you have to give it a try,better earning is on bitcoin..
Thats good me too im believing in bitcoin because if we can't then we gonna stop using bitcoin and in bitcoin we gonna earn more money here than we expected for months and it is better to do some job in bitcoin because it easy to post and earn bitcoin per month and less risk right <3 You forgot to mention that the best way to make money without the risk of it bitcoin mining. If you do not buy, only to extract, the losses can be avoided altogether. bitcoin mining is not profitable right now thats why ordinary people shouldnt do it as it wouldnt make them money |
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I think that you should save your money, cutting your spendings by only buying what you need. I think that's a better way to manage your money.
In theory this sounds like a very good idea. But in reality it is very difficult to save a significant amount of money, unless you are having a very well paid job, in addition to a few other revenue sources. Also, saving money is quite risky in unstable countries such as Venezuela and Ukraine. You will never know when your national currency is going to get devalued. Well, you can save money and then change it into USD or EUR or any other stable currency you like. This way it's not as risky anymore. Another option is buying silver. You can't spend anymore unless you really need it (crisis). you can but i dont think that it would be the best idea to make as bitcoin is the perfect investment option |
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I think the price is all that matter. Peace
It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.
you are right, as the price gets bigger more and more people get to know about bitcoins and they buy into it |
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If you don't have Patience then trading is not what you're looking for. Maybe try Gambling because they're all fast money, Earn Fast, Lose Fast
thats true, but gambling will most probably make you lose huge money and you will be broke after that |
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Everything will depend on the price of bitcoin, if I see higher price then I won't mind in selling some of them to secure profits and rest will hold for future to earn extra profits from it.
it's always a good thing to secure profits from time to time. it allows you to buy back your coins at lower price levels, and thus to increase your coin count. some people tend to wait too long before securing profits and end up seeing the potential profits that they could have vanish. that's of course not a good thing. Exactly and what is the use of that investment where you are missing an opportunity of making profits from it, as holding them for a long term can be really risk if price goes down in future. thats why i never sell everything i have because i want to make really huge money by just holding bitcoins |
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I have had an issue with Paypal and while I was trying to look for a solution on the internet, I came across this website ( https://www.consumeraffairs.com/online/paypal_02.html) where everybody is complaining about Paypal. Most of the complains were actually similar to the one that I have. I thought Paypal is a credible company but now I have started feeling worried about my funds stuck in the accounts. paypal is a legit company that has been around for many many years. they do limit accounts alot but ive never seen a case where they have proved of fraud. imo paypal is a completely legit company that just handles things a bit wrong. thats true, it helps people a lot and it is definitely not just a scam, i use it too really often and i think its great |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
If you save money in bank, it is much better than invest them. But if we are talking about bitcoins, then it is much better to invest them as you will get profit from it thats true, if you save it in the bank you usually not get anything, thats why i buy more bitcoins |
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Had no experience at all, i started my journey of bitcoin from faucets and at that time i was just starting to earn some of it which were not more than 50k satoshis per day and i was happy that time to earn that much because i did not know that was nothing at all.
the same for me, though when i first time used it i really liked it and i use it from time to time right now |
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bitcoin would definitely be destroyed in my opinion, people would be selling it because they would think that satoshi will sell his bitcoins
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Well i do believe you are dreaming with bitcoin worthing 10000 dollars atleast, where you can maybe buy a house at your country, atleast i can buy a house with 1 bitcoin worthing such. With the current price only with 15 bitcoins would be possible to buy a house, but i doubt bitcoin will grow such to be able to buy a house with just 1 bitcoin.
but it is really possible that bitcoin will grow that much that you will be able to buy a small house for one bitcoin |
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I bought my house when BTC was around $200, would have been much better off getting a mortgage and paying it over time.
well to be honest you are right because you would have made way more money if you held those bitcoins till now |
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I do not dream of getting rich only with bitcoins because it is also a money and getting rich with it is similar to getting rich with any normal money.Hard work and some good investement amount is required for that.
I use bitcoin for some extra income only which has also helped me in some bad times and thats enough for me.
Yeah bitcoin is good as an additional income and you cannot expect to get rich with it so I am satisfied with what little I am earning from it and don't have any plan to get rich with it. bitcoin is really good not only for additional income, it is also a best investment option possible right now |
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in the near future, I will open your business. This business would bring me a stable high profit. My business is to my liking, finally'll do so, then I like it. Cash I will completely miss out on accommodation, travel and self-development. Most of the funds I will keep in bitcoints. Amen))
i hope that my plans to make a business will also become reality and it will make me some decent money without any efforts |
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There are many ways to earn more bitcoins with that 20$.
1. Gambling, but it is very risky you can loose all your money and winning chances are very less.
2. Trading, Best way to earn more and safe coins, you will get good profit from trading and risk rate is very low.
3. Hold your coins and wait for halving or price to increase you will get more coins.
4. You can also join signature campaign and earn more coins without any investment.
Now it's up to you how you invest your money and where you invest your money. Good Luck !!
only holding seems to be a good way of making money with the money you already have, though the profit would be slow |
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