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If you want to start trading with a very small amount you have to buy currency which is worth a very small amount obviously.
You trade the same way as you would with higher amounts but then just with smaller amounts and less valuable coins.
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How to encourage local businesses to accept btc hmm.. good question and difficult to answer. I don't think "we" here stands for the bitcoin users but more for bitcoin itself, they have to somehow show their attractive side to business owners.
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I will quit my day job when my Bitcoin earnings are more than my day job and give my best to increase the earnings. I work 4 hours a day on Bitcoin and I work for a Media company. As of now my day job pay check is 5 times than my bitcoin earnings. But it is not wise to compare this( day job 8 hours - bitcoin 4 hrs). I am setting up few business based on Bitcoin, when those give successful result I will quit my day job.
I wouldn't quit my job either for this unless I would make the exact same or more amount of money. It would be great though deciding your own working times not having to wake up that early and getting 8 hours of sleep every night! |
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In 20 years I hope I don't have bitcoin anymore and my plan succeeded. Hoping for bitcoin to become very high value within 15 years max and then sell all my bitcoin to gain alot of wealth so if it succeeds I have no more btc in 20 years.
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I didn't put all my money in bitcoin cause all my money is too valuable to me to lose right now so I don't take the risk by putting it in as an investment.
I did put a big part of money in bitcoin but only what I can afford to lose though cause like that it's riskless.
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Trading is a very unpredictable job indeed but sometimes you got to rely on the luck a little bit too to carry you.
Not always skill will be enough especially not with trading you will have to take risks to get somewhere.
Others dont believe in luck. They say if you believe in good luck then there is the opposite of it too. So it would be better not to believe it and just rely on skills. But you cant change what traditions made to believe in luck. Yeah if you believe in luck you have to believe in being unlucky too but it's not something to believe in it actually exists but balances out eventually like flipping a coin is 50/50 but sometimes you flip the same side 10 times in a row. |
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When steam started to accept the bitcoin then I have seen a few posts about it but since then I haven't really seen that many steam related posts.
It is because there are other forums which are better to sell these kind of stuff like steam game for bitcoin.
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I will invest too! But I will invest my fiat into bitcoin whenever I get my salary i take a cut from it and put it in bitcoin.
This will serve as a long term investment for me and then I am hoping to become more wealthy in a lot of years.
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a lot of improvemnts arer coming to bitcoin the next time the price jumps ,it will happen rapidly 600 is probably as cheap as its going to get get them now if you want to be on the train when we pass 1k again  This might be true because the next price increase already happened and soon we will be sitting halfway to 700$. So yes at the time you asked it was a super good time to buy cause prices just increased enough to profit from it. |
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No idea why they would predict that high of a price but those "professional predicters" are just a bunch of amateurs aswell
I THINK highest we will be seeing this year is going to be 700$ nothing more that's already difficult to rich imo.
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I am pretty okay at managing my money every month I come on top positive and I still do what i like hobby wise etc.
I learned from young age how to handle and manage money carefully it's an important life skill to have.
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Save it in a bank and stay away from gambling coz it can make your life worst
In a bank is quite a bad option though cause a bank gives such a low return of money that it's not worth it to borrow your money to the bank. Rather put it in a safe investment which gives a few percent profit per year. |
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I will not accept bitcoin as my salary bitcoin is a not finished yet system which I wouldn't want to risk my salary with.
Also bitcoin price is unstable and I don't want to lose my money to a bad day for the prices.
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Gold is not better than Bitcoin but gold just works differenly, gold has been here for very long so it has a very big foundation.
Gold is super stable so good for keeping money save and bitcoin gives chance to make money with a little risk.
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I think it's good way for Beginner's who dont know about trading or other earning method. And this is also not riskfree because none can assure that bitcoin price will only rise, it could be go down also.
In my opinion it's not just a good for beginner's it's probably one of the best ways if you are a long term investor. Long term means being patient but it will payoff cause prices can potentially reach very high so just be sure to buy them or get them as cheap as possible earning them is the best option. |
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Now is a good time to get some bitcoin even when buying them because prices are going up and will be going towards 700 by the end of the year while it's still at 600 right now.
So i'd say while it's still floating around 600 you should purchase them if you want profit.
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The best investment to make is to use your fiat to buy bitcoin when you buy bitcoin and save them for a long time then you can get rich.
In many years from now bitcoin could potentially get to 5k per coin while you can buy them for only 600 dollar a pop right now just look at the past.
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I do believe buying mining equipment at this stage without cheap energy its a waste of money, better pick those money and buy bitcoin directly and invest into trading or funding the casinos wallets.
Yeah mining nowadays is a very waste of money to just do it at home for example because your energy bills will be higher then the amount of bitcoin you can make. I think a good way to make bitcoin nowadays is by trading and investing those are the main bitcoin income. |
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For bitcoin to reach 6000$ that will take a very long time and I don't think altcoins would be at 600$ cause if bitcoin reaches 6k there will be so many people invested in bitcoin that there will probably be no chance for other cryptocurrency competition.
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Having a long term goal is way better than just dumping bitcoin, with bitcoin long term has a lot of potential to have a big growth in value.
If you dump then you'll have nothing more then just short term profit which sucks compared to the potential long term profit you can have.
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