Hardly anyone knows about this technology. May be 1 or 2 in my friend circle knows about it. Offer all guys are dumb even if i explain them what bitcoin is then also they makes faces like money. There are still in world world. Bitcoin needs more publication and ads so that everyone would know about it.
If bitcoin gets support from the media and the Government then the scenario would be different and more people will prefer to use bitcoins but I don't think that Government will ever support bitcoins. |
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Currently i am earning bitcoins from signature campaign and also from social media campaign, one more way from where i am generating my coins but it will take little bit time to grow my bitcoins and that is trading, i bought some currencies and now holding it and waiting for price to increase.
I think most of users are earning bitcoins from signature campaign and trading as both can generate descent amount of coins in long run and there is no chance of getting scammed in it. I will not consider signature campaign reward as part of my earning, that is too small to consider, I have to be serious with my time and I want to spend it in a quality way, trading has been giving me profit and I love what I am doing, in the future I will be a big trader because I am going to increase my capital. Even if you are earning small amount from signature campaign its somehow helping you in building up your capital but that is true that you will always have higher income in trading. |
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I do not spend Bitcoin to often because I know that they can be worth allot in the future so it would be waist to be spending them all.
Most of the time I just hold on to them and try to get more of them day by day.
Holding them for future is good but I think we should also try to take our coins to next level by putting some of them in trading but that is recommended only if you have knowledge of it. |
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Hello All,
What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.
Steady income more likely to be 'small & secure' than 'big & risky'.
Thanks,
BR Oinas
If you really want a steady income then you need to search for a job because that is the best way for a steady income. You cannot rely on Bitcoin to give you a steady income because that is not going to happen at all. Yeah its hard to expect a steady income in bitcoins as price will always keep on moving up and down and if you are into trading its not possible that you will manage to get profits every time from it. |
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This is one reason, a good reason why others quit their job. I mean not just to go full time in bitcoin but to get away with the stressful environment in the office. Others also wants to work in the comfort of their homes. I know some people like that. But for me, no, not yet, I still can bare the attitude of my bald horrible boss.  Lol seems you are a patient employee  Good luck mate! I don't think that can be a reason for leaving the job, because everyone likes to earn more money no matter how they get it so if they work more in their workspace and they also earn more from it then i don't think they will leave it just for that, but the reason behind that only can be less earnings than bitcoin.
No offense, but seems you havent graduated yet  You will realize someday when you working on some company, that money is not everything, no matter how much you earn. Just imagine that you are working with annoying boss and friends in your workplace, I'm sure you could be stressful in few months. Yes, I agree that environment has a great effect on the working ground. I once have a boss who never thinks of their employees feeling and needs. All they want is to deliver the needs of the company at the expense of their employees time. It would be fine if that spent extra time is compensated, the worst is that they limit they overtime pay to 2 hours, beyond that is a good deed done by the employees as "concern act" to the company.LOL. Thats really bad, so what you did then?  Thats why nowadays there are many people who quit their job and prefer to make some business, so no one will rule them. In the future that is my goal but for now I cannot do that as I do not have enough resources to start my own business, we need to do that in a procedural manner because if we gamble without calculating the risk , the outcome might not favor us. We need to have stable income before we quit in our job and to be full time in bitcoin because it is good to be your boss in yourself and we do not need to work in the company in our whole life. Bitcoins allows us to be our own boss but even though we cannot afford to take risk of quitting our job for it as there is a big question mark on the future of bitcoin. If you trait bitcoin as your business, you will feel that of course, with bitcoin we can grow it in different ways and only our decision will matter and if we make the right decision we make money, there a lot of opportunities here not only to work but also to invest. Don't you think investing bitcoin in any investment site involves great risk? As everyone is complaining about it that they don't find any legit place to invest their bitcoins and that is an reality. |
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I'll switch with gold and keep it until 10 years   I would just hold on to them for some time because I would not sell them for the price that is current right now because I know that I can make more money. When the price is going to rise then I might think about selling them. That's right, price is good at a moment but it has an ability to go even higher in future, so its better not to sell them at a moment and keep them safe for the future and if you need money urgently then you can sell a small part of it. |
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I never prefer to spend my hard earned coins on shopping, as I do that with fiat and credit card as I believe that price will be much higher in future so its better not to spend them and save them to get better benefits.
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it is up to you that where is your interest, if your interest is in trading then you should invest in alt coins and if your interest is in gambling they you can really invest your money in gambling.
Correct it depends on the users but i do not recommend gambling i know that gambling is not profitable in the long run, i choose to recommend sports betting and trading it is very easy to get more bitcoin not only depending on your luck it is also need skills. Yeah sports betting is better in compare to casino games which is purely based on luck, and if you combine your earnings from betting and trading then you can make really good money from it. |
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I suggest that you hold on to them for some time because you can try to make some money with them in the near future if possible.
Do not spend them because it is not smart to be spending something that might be worth allot on the future.
You can do enough with 3 Bitcoin at this moment you can look at it as $1800 and that is quite allot of money. There are so many choices that you can choose from on what to do with that money. That's right its a good amount to have but I think it would be wise if we try to multiply those coins by putting in trading and if everything goes fine with you then you will be holding higher amount of coins in future. |
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At the moment I do not know what I am going to do with my Bitcoin with in 20 years because my opinion at that point can change so I am not sure.
I am going to make as much Bitcoin as I can and worry about what I will do with it later.
Yes and I think we should not waste our time in thinking of future as we cannot predict what exactly will happen so instead that time we should invest in collecting as many coins as possible. |
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I do care about Bitcoin because it helped in times where I had it tough and needed some extra money. I care about Bitcoin because otherwise I would not make use of it.
I do not think that there are any people here that do not care about Bitcoin,
Yeah I think people who are part of bitcoin community will surely care about bitcoin as its giving them an opportunity to earn extra money so I think everyone would be loving to be a part of it. |
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None. As long as you are willing to learn, open minded, can understand, write, and enthusiastic everyone is welcome. I know someone who are still a teenager and having a good income through bitcoin. He was able to send himself to school through it. So as long as you have knowledge with bitcoin you can have an income with it.
Yeah bitcoin community involves majority of youth who are still students and earning good pocket money from bitcoins and have become independent financially, but I am not sure whether older generation is into it or not. I don't think that anyone from the older generations know what Bitcoin is. It is relatively new and most young people know something about it and that shows how far society has gone from back in the days where you would earn money from doing work around the house and then now you can just post on a forum and make good money. Yeah and even if older generation is aware about it they will never prefer to invest their money in something that is totally new to them as they will be having a fear of loosing money. |
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Advice, tips, speculation please.
I think that you should hold on to them for a moment because buying Bitcoin is already an investment in it self so I think that you should not do much with them. Wait for the price to rise and then make a choice if you want to sell some of them. Sell some of them if you need money or else better choice to save them or invest them in trading, both are the good ways to make money in long run, you should take decision that best fits your needs. |
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I am eager to quit my job for Bitcoin.But the only problem is that i dont get enough money to start my living with bitcoin.Just now, i have started trading.I hope by next year, i would be able to quit my boring job with the help of Bitcoins.
Everyone wants to quit job but they don't get enough amount from bitcoins that's why they stick to their full time jobs, and if you quit your job for trading then make sure there is a risk in trading, if you will loose your investment then what would you do because you don't have your job at that time, so quitting job for full time working on bitcoin is not a good decision. Yeah and if you are quitting your job only for trading then its not a smart decision as you don't need full time to spend on trading and you can do it in part time or also during your office hours. yes i also agree with you that one do not need to quit their day job only for the reason to give full time to bitcoin, it is fact that it does not need to study about bitcoin for whole day you just need some time to give to bitcoin and you can complete your trading or study about bitocin in few hours so no need to quit your day job for bitcoin. And what's wrong in earning from both of them? No one is forcing you to quit your job for bitcoins and if you can manage to earn from both then eventually it will help you in earning higher income. thinking every person is different. if they can get a high yield of bitcoin, they prefer an easy job to do, rather than working under the rule of others because it's very tiring. but there is no wrong if you can arrange a time to do both and get more income. You must remember one thing we all will get older, and without the country support we will not be able to survive, or you do believe your earnings at bitcoin will be forever? I would keep both, the regular job with a boss and rules and bitcoin earning for my investments. I do plan to make something usefull with the bitcoins this year. Are you sure you get help from the country when you're old? I do not think so! depending on your work. basically you have to collect bitcoin as much as possible before old age, so you have lots of money for old age and you can make an investment. so that we can prosper without the need of assistance from the country If you are an Government servant then you can get money after the retirement in the form of pension and if you retire from private company then its only your savings that will help you after that. |
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i wish real coin of bitcoin will be use by buying in local store here in my country.
I do not spend my Bitcoin to often but I used to do that, I was spending my Bitcoin at gambling sites and other stupid things that I do not suggest that you do. Bitcoin can become worth more money in the future so save as many as possible. Yeah and if you want to spend them then spend in trading where there is a chance of making profits and if you want to play safe then better to hold them for future as price will rise in coming years. |
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I have been buying Bitcoin for 2 reasons.
1: To increase the amount of coins I have in my cold wallets.
2: For trading purposes.
Nowadays I only buy Bitcoins for trading purposes. I have been quite successful in making profits, it allows me to generate coins without having to buy them.
I am never going to buy bitcoins becuase i know that the bitcoin will never be worth it becuase the price wont be higher than 1k each and peopel are telling me that the price is going to rise to 50k or something Lol if bitcoin is not not worth to you then why are you wasting your time here mate? Go and find some other product from where you can make higher profits. |
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I hope I can use bitcoin in daily life
but my country still not support bitcoin for the payment in stores. So, its hard for me to use bitcoin in real life.
Spending them directly is not possible at a moment as there are no merchants that are supporting bitcoin as a payment method but we can exchange them to fiat anytime to spend or can apply for bitcoin debit card. |
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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.
Yeah its a big risk to accept salary in bitcoins as it has not been developed yet in most of the countries and its price instability makes us think twice before accepting our salary into it. It doesn't really matter that Bitcoin isn't really accepted in the majority of the countries. The volatility will remain no matter what. And exactly that is what people should heavily think about when thinking about working fully for BTC. But then again, not many people will actually have their entire salary in Bitcoin. If we have a day job and if we are working on bitcoin in our part time then we are getting money in both the forms so I think its good to keep on earning in both ways and bitcoins earned can be saved for future. Getting paid in Bitcoin for side jobs is not a problem since it's an extra revenue stream, and you don't depend on it. I do that as well. Everything I do online, is being paid for solely in Bitcoin. I save up everything instead of converting it to fiat. Yeah and earning from bitcoins should be saved instead of spending it as it will be more valuable in future when price goes higher and we are also earning in fiat which can take care of our basic needs. |
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If you gave me just 10 bitcoins i will do allot of things with it and that is nice because i know that the price of going to get big and that is nice
becuase 10 bitcoins can i do allot of things with.
Yeah 10 btc is a very big amount and we can do many things from it either we can use it for an investment or in trading to grow the amount of our coins or else if you are satisfied with the price you can sell them and exchange to fiat. Diversify that amount in different investment here in the crypto world for better chances of growing that amount, actually if you are just active here you can always find an opportunity where you can put your money, there's online gambling sites and even participate in ICO. I would prefer to invest in ICO and multiple altcoins instead of investing them in gambling sites as it comes with higher risk and no one will prefer to loose that high amount ever in investment. |
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2016 has not been the year of the Bitcoin and I do not think that it is ever going to happen because this year in general has not done much for the users. Hopefully 2017 can become a much better year for the Bitcoin because people like me are getting a bit tired of waiting for the Bitcoin to rise again.
We cannot consider this year to be bad for bitcoin as price rise was good in compare to last year and still there 3 months left in this year so we may see some best price at the end of the year. |
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