Bitcoin will give you bigger returns than the banks because bitcoin is volatile and even the price of bitcoin is volatile you can still make a lot of money if you will just wait and have a lot of patience because sometimes the market of bitcoin is not in a good condition so it is better to be patient than getting a sorry from your investment.

I secure my bitcoins by putting them on a paper wallet which is an affordable wallet which is offline so i am not vulnerable for hacking and i am also planning to have a hardware wallet in the future this coming christmas as a christmas gift to myself because i realized that i saved enough money but i will buy it on christmas so i will not double spend money to myself.

There is a lot of people that are not afraid to technology but afraid of getting scammed because we all know that the one of the most important thing in this world is money so they are just taking care and securing their money and trying to avoid scams so if we want to make them to invest in bitcoin then we should help them to understand bitcoin by explaining it by ourselves.

I don't think that there is a wallet that is created for bitcoin and also pay interest by just using their wallet and storing or keeping some of our money in it because if that is true that there is a bitcoin wallet that pays interest then it will become famous and very popular in different people and countries also because of the opportunity for earning and staying safe but as of now, i don't think that there is existing wallet like that.

Don't tell or hype them about the huge money that they will earn even they are just getting started and just tell them that bitcoin has a high possibility that it can become the next way of making transaction so if they will get into bitcoin right now then the future will become bright for them in terms of usage and also the possible profit because of the bitcoin that they will hold.

Even the people are not that smart they are still supporting bitcoin because they believed in bitcoin and they are wise enough to not let bitcoin stay away from them because if they will continue to support bitcoin and keep collecting and earning bitcoin then they are not wasting any time because it will surely give them a lot of money in the future.

You should think first for the possible expenses that you will be dealing with when you start building your mining rig for mining bitcoin or other altcoins because it needs at least 3,000 USD to start a mining rig that will give you good profit everyday and even though they are almost stable, it is still a lot of time to wait before you get your ROI because it can take up to 10-12 months before getting your ROI.

That is very easy to happen and that is why we should just wait for the time when bitcoin is already accepted in almost all of the places that we know because if we wait and hold our bitcoin then we can make a lot of profit or income from our bitcoin holding because it has a lot of potential and it could maximized the potential if it will get accepted by the malls or popular places that most of the people go.

I don't think that it is a good idea to invest on bitcoin before the upcoming hard fork because in my opinion, it is better to just wait for the result of the hard fork because the price of bitcoin will go down a little bit because of the future sell offs after the airdrop of bitcoin gold so if you want to be more safer and buy at a good price deal then learn to wait because things will get better after the fork.

Bitcoin is starting to become a mainstream currency because the people are now using bitcoin as a way of making purchases or payments online because it is a less hassle since you don't need to provide all of your personal information and you just need to get the bitcoin address then you can easily send your payment without having any problem.

Not all the types of wallet can be hacked and the examples for that as a proof is the paper wallet because it is an offline wallet and if you are going to put a lot of bitcoin there then there is nothing to worry about because it can't be hacked because of being offline and that is also the same concept that the hardware wallet has so it will keep you safe from hackers.

This is one of the best time to buy bitcoin and i am always doing this kind of strategy. When the price of bitcoin goes up very high and if i will know that it is just a hype then i will wait for a little big longer for the market to have some corrections on its price and when the market will finally show some correction and dips then i will buy bitcoin and sell it on a pumping situation again.

Bitcoin is money and nothing can change that but the special thing in bitcoin that the physical money doesn't have is the volatility of the bitcoin because of the volatility the price of bitcoin is keep going up and it is why we should invest a little bit of our money in bitcoin to earn some more money and we should have a great knowledge in financial literacy to balance things.

Bitcoin is always great for long term because if you will do hold bitcoin for long term then you will not miss the surge pumps like what happened in bitcoin after a few weeks ago when the price of bitcoin is just more than 4,000+ USD and right now it is more than 5,000 USD which is almost a thousand dollars for those who bought bitcoin at the hype and still hold it until now.

Even bitcoin is hard or easy to confiscate, it is still impossible for me to happen because there is no such a valid reason for the authorities like the police or fbi to confiscate bitcoin and other cryptocurrency because they are working good and there is no harmful activities including them because almost all the people are just using bitcoin and other cryptocurrency for profit or money.

It doesn't require your to have a money that is stable or have fixed value because even bitcoin is volatile, it is still considered as money. Bitcoin has a lot of advantages and disadvantage and volatility can be both because if you are an investor then you will treat it as an advantage while if you are a businessman and plan to accept bitcoin then it is a disadvantage because you have a chance to lose some profit if the market goes down.

Understanding the risk of investing money in bitcoin is good because it will make things clear because if you are just getting hype because of the price of bitcoin and you want to invest because of the fluctuations of the price then always think that it is not that easy to invest money in cryptocurrencies like bitcoin because sometimes the price will go down hard and it will take some time before it go up again. So you should better think a lot before investing your hard earned money.

There is always a threat for the usage of bitcoin because if the government will get annoyed by bitcoin and if they will not find any benefits for accepting or using it then they will just ban bitcoin to get rid of it and that is the start when bitcoin will start to fall down and its price will just dump into its zero potential and all of the investors will be in depression because of the loss.

In my country, there is no online shops or place that i usually go to buy things or buy services because i am more on like a simple lifestyle where i just spend money in clothes, gadget and other things and i can't see any place like online shops in my country that accept bitcoin so i don't use it as a money but as an investment as of now.

I think that is an obvious thing to say that bitcoin is important because if bitcoin is not important for you then you will not spend your time in bitcoin and you will just keep your focus on their things. Bitcoin is keep on rising and it has a lot of potential for the future and that is the reason i believe that bitcoin is getting more users and investors and it is serving as a source of income for them like i do in bitcoin.