hi , so this is my question , but i thing we can not do anything ?.
I think that I would be to mad because I know that I have worked hard for those Bitcoin and losing them would hit me harder the anything. That is why you should save your bitcoin save and in a way so that you always have access to them. Yeah its better to keep them safe in wallet so that we can access them anytime we want, as we know that once bitcoins are lost they are lost forever and there is no chance to recover them back again. |
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I think yes I have a chance of making 21 btc. I know 21 btc is a lot. I know bitcoin last 1 year. And in 1 year I learn many thing about bitcoin.Already I am earning a decent amount using bitcoin. I am earning by signature campaign, Twitter campaign, simple task and also trading. I think if all goes nicely I will make 21 btc for sure.
just by signature and twitter campaign and so one you will have a very hard time to make it to 21 bitcoin. and keep in mind that most of us expect the bitcoin price to rise in the future, which makes it even harder to reach that goal. Yeah its very hard to achieve 21 btc only from signature campaign as it will take really long time and may be he will never make it there, its better to invest earnings from signature campaign in trading to reach there quickly. with trading it is quicker but still not quickly. or to be precise it can be quicker. because if you put your money on the wrong horse you will lose or just not make any money. also after the pump follows the dump, so you need to get out in time. I think that it depends on how much time you are talking about because if you want to make 21 and you still need 21 by the end of this year then you can forget it. If you have all the time then you can make it happen but I cannot say how long it will take you. Yes if you have limited sources to earn them then it will take really long time reach to that amount as earning bitcoin is not easy but if you can afford to buy them you can achieve it any time when you have money. |
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What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
i also have panic sold before in my life because I was to greedy, the price was rising but I wanted the money back but I did not make a huge profit. After that day the price was still going up, if I had sold back then I would make allot more money. Even I did panic selling once but that was a profitable decision for me, I sold all my coins when price was at $750 before the halving as I bought when the price was $250 last year, so it was giving me profit of $500 per coin and I think that was an right move as price crashed after that. |
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Many people say that you should never sell your bitcoin because the price in the future is going to be worth not selling at the moment.
I do not think that selling at the moment is wrong because maybe Bitcoin would die and you have sold nothing then you have wasted your time.
If you are making profits with current price then there is nothing wrong in selling them and instead of listening to others you should follow your gut feeling and if you never sell your coins then you will never enjoy the profits. |
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Hi, I just recently bought 1,000 bitcoins and want to use my position to be an OTC trader. I understand that many people are selling and buying bitcoins at 5%, I thought I can sell or buy bitcoins at 3%. So those who are selling and buying at over 5% can buy or sell bitcoins from me to sell to their customers to make 2% or higher (this figure comes from over 5% - 3%) so I can make 1% or 2% and those selling and buying over 5% can make the difference. It's kind of arbitrage for otc traders. PM me if you are interested  If you have 1000 Bitcoin then you can consider your self rich already because if the value of the Bitcoin reaches $1000 then you can make a million. I know that I am never going to reach that but it is crazy that some people have done it. I don't think that he would be holding that high amount unless he don't show us the proof of it, it requires huge capital to buy that amount of coins, and it makes difficult to believe him. |
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Speaking of earning a living with Bitcoin, I don't know if there is or if they are hanging around with the forum. Either way I think it is hard to earn bitcoin online as you have few choices from what I can see. Like the only thing I can see worth your time is having a signature campaign which even being a Legendary member won't be enough for you to last a month.
The payouts are limited in signature campaign so even if you are high rank member it will go same for you, no doubt it will be bit higher then others but not enough to earn a living. |
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It's hard to calculate how much I earn per day cause earnings from bitcoin are very inconsistent but i'd say per month on average about 1 bitcoin and that's also my monthly goal what I try to reach.
Usually I reach it but not always sometimes I don't have the time for it.
That's its difficult to spend time on bitcoin daily basis and the earnings will depend on how much time we can manage to invest in it, if we spend more time then earnings will be higher and vice versa. |
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My plan to get rich with bitcoin is split in 3 parts
1 learn trading
2 sell bitcoin on localbitcoin
3 bet on soccer with bitcoin
Your plan is really great learning trading from this forum is so much have fun you can really meet and have new friend here if you can really make profit in this forum you can earn more bitcoin in the future and you can really become rich just don't do gambling because you can lose everything in the future. if you know what you are doing ok, but bets on soccer does not sound like a clever thing to do, as i never heard of someone who did this for a long time and with a total profit worth mentioning. sell bitcoin on local bitcoin can be dangerous and you should check the applying laws first. i guess trading is fine if you know what you are doing, and most don't. Football matches can be unpredictable these days. If I were you I choose Basketball as you can concentrate on few players and their strength and weaknesses , injuries, coach and also they have fair odds. Basketball bets are a good way to earn money, but yes betting is not a sure thing to become any rich I don't know if the richest people bet to get rich. What will you do if the match is fixed? No strategy or technique guarantees you profits in gambling and that makes it really risky business and its hard to believe that it can ever make you rich. |
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Never. As many people have mentioned Bitcoin is not accepted in physical stores around my area. I tried once to pay a friend for a copy in BTC but he did not accept. So, in short: No, I have not.
I used to spend Bitcoin in real life but not anymore because I came to understand that it is not smart to be spending the things that you are trying to make money with. It is better to not touch them and hold on to them until the Bitcoin is going to rise again. Circulation of coins is necessary to take price of bitcoin higher, if no one will spend it then it will make bitcoin as a weaker currency, so if you want to see higher price then you should start to spend them. |
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If this happens i will first take a nap and then start mining other coins because better way to move forward in life than to look back.
Well in reality this never gonna happen because bitcoin is not a weak cryptocurrency.
if bitcoin dies then all the coins will be meaningless. then do mining altcoin there will be no result. in fact I really do not believe bitcoin will die. bitcoin network system is very robust and reliable. Yes it won't die easily but it will become more stronger as a currency, as many more people will join the ride in future and we will also find many places where we would be able to spend them. |
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I'd be surprise what it could things happen 20 years later.
Bitcoin's value will be stringer, maybe 1K+ and it may stay 1K+ for more than years and then also the rest of the altcoins grew its value as well.
$1k+ price won't be valuable after 20 years, it should be at least $10k price after 20 years then only we would be having a feeling of having some money in hands. |
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If bitcoin rose to 1M I would sell all my bitcoin and invest in buying an house cause buying an house takes away some monthly costs which allow me to save more money and invest more money.
I would keep investing in bitcoin still.
I also will do the same but not the part of selling all my bitcoins. Maybe I prefer to sell only less than 50% of my total bitcoin savings. I never interested to come out of bitcoin savings at any point of time also for any value of bitcoin. Because I'm strongly believing in to bitcoins that it will keep on increasing in value over time. Similarly I also will keep on buying bitcoin continuously regardless of what value it will be having. So, that I will be keeping on myself into bitcoins value appreciation race. But I don't think that price will go higher after that achieving that high price as almost everyone will dump their coins at that price will will make price go lower after that. |
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I do not think that it is the best idea to sell everything at once because there us always a chance that the Bitcoin might rise beyond the price that you have just sold for.
You can then make more money but if you sell everything you miss out on it.
Yeah price is rising slowly at a moment but still its not the best price to sell all coins at a moment, if you are looking for some quick and small profits then you can sell few of them and rest hold for the future. |
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What if you already see your bitcoin as an investment in itself, would you invest an investment? Cause I am currently seeing it like that and investing fiat into bitcoin then it wouldn't make that much sense to invest the bitcoin further.
That's true the best option for us at a moment is to invest our fiat in bitcoins and it will surely benefit us in future as we will witness much higher price when adoption will be at its peak in coming years. |
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What peopel dont think about it aht bitcoin exist out of the money so bitcoins exist out of dollars and how is the bitcoin able to replace the dollar i dont think that could happen if
you are thinking clear about that.
Yeah and paper money is bigger and stronger in compare to bitcoins and the main reason behind not to disappear is that it is having an support from the Government and they will never support bitcoin for sure. |
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My only plan to get rich with Bitcoin is by trading in Bitcoin/Altcoins.I hope bitcoin prices would go much higher in the future.Some may prefer gambling to get rich quickly.But it is a total loss.So, the best option is trading.
Gambling will land you no where in future so its better to stay away from it and invest that money in trading where you always have an opportunity to make descent profits on regular basis. |
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I think invest on gambling sites like dice sites is really good, i know some dice sites that have a good investment. Once i get 10% interest in a week on that site.
Gambling is not profitable in the long run you need to avoid investing money on that, must good to do trading instead to gamble, most of the users do gambling is not to have profit is just for their fun and that is only for rich people who have a lot of money for capital. wow it a considerable profit in just 10%, but you should also know that investing in gambling sites are also very likely make you lose. so you have to be clever to create a strategy to always benefit in investing in gambling Exactly investing in gambling sites involves huge risk but its better then directly going for gambling where everything is dependent only on luck and chances of winning are too low. |
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What is the best way to earn Bitcoin? Are faucets worthwhile or is there an easier way? How much can I expect to earn?
Best way to earn Bitcoin is by just buying them with your own money and hold on to them and trade them in when the price is higher at some point. Then with the profit you can use that to buy more Bitcoin then you keep going and going. There is a vast difference in buying and earning them, buying will need capital to invest and earning requires investment of time and efforts and I think you can go for it according to your capacity and convenience. |
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On an average I earn 0.02 btc per day from signature campaign and trading and I think its good amount to earn in spare time and if I get full time into it then I can earn much better.
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I think I would just use it for the halving, holding is than the best thing you can do these days, waiting on the halving and gaining profit because of that its than the best option.
I think that the best option for me at the moment is to save them because I think it is better to wait for the price to rise again before trading them. If the price is at a price that I like then I might trade them in. You are into long term investment and that is good, the price will certainly rise as we have seen now it slowly rising although not that substantial but wit proper patience we will do it with the right timing and we can sell our bitcoins with a bigger profit. Its good to hold them for next few years as we will see much higher price in future but I will not prefer to hold of them as I will surely invest few of them in trading to grow my coins in long run. |
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