In my country there is a popular forum where selling and buying of bitcoin takes place, there a buyer and a seller bargains and after reaching agreement a reputable escrow will be involved thereafter the seller transfers equivalent amount of money worth of the bitcoin the buyer while the buyer also sent the coin the seller. Although there are exchangers too but they pay less for bitcoin.
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Keeping cash i.e deposits in banks is a complete waste of resources considering the fact that small interest is usually accrued to the money despite all periods the cash was kept in the bank but with bitcoin saved and secured wallet there is a possibility of price of bitcoin increasing appreciable to a much more value greater than the interest from the bank.
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Personally for now I have been exchanging my bitcoin to fiat so as to meet up with my financial obligations although my aim was to hold or keep those coins due to the fact that holding bitcoin is a very sure future investment but due to some reasons beyond my control as regards my finance I could not hold the bitcoin.
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One of the best form of investment is to save bitcoin for the future rather than spending it, there is a wide and growing speculation that the price of bitcoin is skyrocketing in fews years to come and an already saved bitcoin must has been tripled or even quadrupled which result to a highly yielded investment.
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From my own point of view it is very possible to earn bitcoin without a job, this is practicable in third world countries where people averagely earned $100 monthly with a high rate of unemployment, personally I am an example from that country I am a high school teacher earning $90 monthly presently I am owned three months salaries I presently depends on my earnings from signature campaigns to sustain myself and family infact I earned more than my salary.
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Username: gabbie2010 Rank: Full Member Post count: 535+1 BTC Address: 3LtWp99ruKMScM2HXsM8FJ2LoLcPtsp4Rg Wear appropriate signature: Yes
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Username: gabbie2010 Rank: Full Member Post count: 533+1 BTC Address: 1ACr5nDboUtYPhdDcpVPaFZL78X5LquKEd Ethereum Address: 0xA850F43eB26090Ad668CBaC97b3e0762B25420E8
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I do not belief the price of bitcoin is going to get to 15K before the end of the year as speculated although it is very obvious that bitcoin has been volatile in recent days as the price is climbing up there is definitely going to be pullback and the price of bitcoin getting to that speculated price this year is not feasible.
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Chargeback in PayPal is to curtail frauds which is necessary to prevent scammers, meanwhile the verification processing and restrictions of paypal to some countries is a major set back of which bitcoin has no restrictions and there is no cumbersome verification processing which makes bitcoin to have an egde over PayPal.
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From my own point of view this is going to depend on the kind of job one is doing, personally the job I am doing presently I am being owe backlog of salaries, if not for bitcoin that came to my rescue I would have been in debts now, I am preparing the ground to quit that job and concentrate fully on bitcoin after all there are many sources of bitcoin which I can fully embark on example trading and programming skill. I have some skill in trading already and presently learning python.
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Hello; I'm pretty new at trading crypto. I'm interested about thoughts and strategies about stop-loss percentages and strategies you guys use. at first I would not sell at a loss regardless my motto was "at least 5% profit, always" but if I want to trade more with a limited budget, I need to back out from certain coins even at a loss. that's why I'm interested about this topic.
Well as a good trader you should always put a stop-loss in any trade this is applied to avoid losing all your investment this is applicable to those trading with candlesticks and do not forget to trade with 5% to 10% of your total investment and trade with the amount of money you can afford to lose.
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Well it might be necessary to divide your salary you can engage yourself in extra jobs online just to earn bitcoin like signature campaigns and other services with the aim of investing every bitcoin if you can do this successfully for a year I can assure that you must have saved enough bitcoin while you spend your salary on other expenses.
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Since yestarday btc is undergoing a minor retracement down to around $3800 it has hit a support and presently it is heading back northward but reaching $4500 this week is likely not feasible but I am very optimistic that the $4500 mark is going to be reached.
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The awareness about bitcoin in my city is nothing to write home about, it is obvious that the level of literacy is a major factor limitation, people attitudes is how to make ends meet, although I have been trying my best to educate and inform my neighborhood about bitcoin and I am convinced if other people follow suit then we will conquered our aims.
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I just sat down reasoning about everybody's decision to hold or keep their BTC, if the price of BTC reaches 50K today who is going to buy at that price? then there will be many sellers and few buyers, is the reasons for holding or keeping the BTC justifiable? please some convincing explanations.
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It is going to be a welcome development if connecting BTC with mobile phone is going to work out, personally my blockchain wallet is linked with my mobile phone whenever I received bitcoin in my block chain wallet an SMS alert will be received by me, It is noted that BTC is a technology based cryptocurrency which is possible to be linked to a mobile phone.
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Tax or no tax will not have any adverse effect on the demand for bitcoin, in my country exchanging bitcoin to fiat via banks attracts some little deduction from the account of the buyer I.e indirectly taxed but this did not discourage exchangers from there operations I believed even with introduction of tax the demand for bitcoin will soar.
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There is no where to earn reasonable amount of bitcoin in gaming most of these gaming sites are waste of time they mostly are useful to people who loves playing games for pleasures. You have to check out online sites where you can work to earn bitcoin there is no free bitcoin anywhere judging by the present price of bitcoin.
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Trading is one of the best way of making money from bitcoin/alt there are a lots of altcoins that are very much tradable and much profitable although this requires some expertise before embarking on such a venture I knew people who solely trade cryptocurrency for a living and are absolutely doing well.
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