here are the simple steps to save money:
1. You must record all your expenses
2. Make a budget for all expenses
3. Start planning on saving money
4. Choose something to save for your money
5. Decide on your priorities before spending
5. Make saving as a habit
6. Watch your savings grow.
any suggestion on how you save your money?
Save first before spending because that way you can control your budget and avoid buying unnecessary things. We all want to save huge but we do not have discipline to our self. Handle your money smart now and enjoy it later. We do not have to be a one time millionaire, but be success for the future. |
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IMO, there won’t be a Bitcoin shortage since the price will adjust according to demand and supply. Bitcoin will get more expensive in the case of more buyer and less seller.
I agree. Bitcoin can be more expensive when less seller on it. More demand will change the price positively and that will happen when people learn who important to hold is and buy more volume to be much profitable but once the price goes up far, everyone sell and price goes down again. That is how the market circulates, high price makes us to be greed wanting for more but there are people who knows how much to wait to gain good profit and decide immediate sell. |
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What is best wallet for long term bitcoin holding? I want to choose one wallet for bitcoin holding. Which one is best and have no bugs and problems? Which one is worse? Which one is easy to instal and easy to use. Which one you just prefer for long term holding.
Mostly used is hardware wallet where to keep your coins safe for long term. There are also applications where you can install on desktop or mobile and used an authenticator which can avoid unauthorized to access with it. I used it and make it easier to store and access it wherever you want. Do not store on exchanges because it is pro to be hacked. |
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With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
Greediness and carelessness are other factor why losing investment. Lack of knowledge about the project and just believing on the opinion of other people instead of having own research about it. What makes poor become poorer because of investment is because of putting all what they have on it and expect for easily gain profit without knowing that crypto is very volatile at the moment. Without knowing how much they longing for their investment, they lose chance on selling when the price rise and panic when price goes down. |
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I was questioned on crypto currencies legalization. I explained the facts happening around. Few received it with convincing reactions and few just ignored it. I really felt bad for the guys who did not care about crypto currencies as I really know the fruitfulness? I happily taught few others about crypto currencies. What was your friends expression when you introduced bitcoin to them?
I have few friends who became part of crypto currencies and choose to invest with it specially with bitcoin. I am happy that I help them for it for the change and do not depend only on what they have work and become a huge savings for their future. Crypto become legal on my country and everyone become aware of it. Find it more easier and faster to transfer money everywhere. |
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How can you invest in bitcoin without being scammed? There are people using very fine techniques like selling bitcoin cash in name of bitcoins using confusing websites name. How to be safe from such scams ?
You can buy bitcoin on local exchange applications that available on your place. It is more safe that buying on actual person you do not know. You can handle your own security by that. Mostly people who invest on bitcoin become scammed is not because of the exchanger but because of the person they trusted to give bitcoin after paying an amount who run away with it. |
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When I received the token, should I sell it immediately, or what? How do I judge its value?
help me !
guys!
When you received tokens make sure that if it is already listed on exchange for you to be able to see the value of it. If you think the value is good enough as payment of your effort, you can sell it. If it is successfully developed and can be MRE expensive for long term, better to hold it. For I am, I used to sell it after receiving, I am not a kind that hold tokens that long because I need money for my expenses. I also make to invest on other coin which is popular for investment. |
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In my books bitcoin is one and only no matter what people say and or how they try to manipulate situation. I KNOW what bitcoin is what it stands for as for rest ... meehhh... I will take into consideration something else when I can exchange it 1 bitcoin = 1 (something) .... but until that day Bitcoin is the king baby  Bitcoin is expensive among other and no one can get over. Even bitcoin price drops, there is nothing change which is powerful than it. There are many that want to manipulate bitcoin that scares those do not believe on the progress of it. It is the most recommended crypto to invest with because no matter what it will give profit in the future which gonna worth all the wait. |
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it seems like the price of Bitcoin has soared at the end of the year and dropped at the beginning of the year. various issues and factors that make Bitcoin prices go down this year. I only hope that next year there will be no issue that causes the Bitcoin price to fall again.
I hope there will be bigger opportunity next year and now take chance to earn more volume because it is cheaper. Every end of the year it become higher after that it falls. Higher price will benefit those who hold for long time and wait. It is better to be one of those investors who never contribute on fall. I hope it give big change in the coming year. |
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I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
Let them know the basic for it not become harder for you to explain everything for them to understand. They have to find ways to understand more about it by searching on the internet. Do not let them to be spoonfeed by you. Understanding things depends on how they interested on it. You earn from it, invest and gain profit for them to believe that what you are saying is all true. We are living with traditional way but now technology change and we have to embrace that change for our own good. |
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Looking at the present state of the market, it could be very disheartening. But one thing is certain is that blockchain technology has come to change our society. And Crytocurrency which runs on the blockchain will continue to wax stronger and stronger, stay above fear. Life surely goes on with or without the enemies of crypto.
Yep, our community is still young and there are still some room to improve each day. We just have to stay put and never stop supporting the community in all ways. Stay put while benefiting from it and gaining huge volume of each crypt I currencies that has potential to grow more in the future. We could have not stop but support the change that is happening that helps the society to change. Price of it has fluctuates over time but we must not give up and afraid of it. It is just part of a change which give us an opportunity. |
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I think that the real price of bitcoin is still coming to know. Now the market is under many influences. Probably whales manipulate it to reduce the price of entering the market.
Bitcoin price will always increase no matter how it drops. I believe that there are big people that manipulating the market which will benefit them. We have to go with the flow with them and never leave but but instead get more volume for everyone to be benefitted when the price increase again. Do not be afraid, have strong emotion and keep holding. |
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Anytime i see some members of this forum asking "Is Bitcoin dead"?, or "Is this the fall of bitcoin" i just become speechless because it is so shocking to hear that within just six months when bitcoin improved the financial status of people last year without any hard sweating people have forgotten about it so soon. I now understand the saying that "Men forgets easily". Well i can't really blame them but I know the few Real Crypto Enthusiasts like myself still believe in BITCOIN and we are going to keep investing in it because we know that the its value will rise with time.
I also believe that bitcoin will improve and price going to rise again. Maybe those people who easily forgets are people that always lose investment into it because lack in studying market analysis and easily give up when the price drops more. Usually those people being controlled by their emotions. Those who keep believing benefitting on bitcoin and buy more volume from the cheaper price and wait for it to make profit. |
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In an economic sense,
An INVESTMENT is the purchase of goods that are not consumed today but are used in the future to create wealth.
In finance
An INVESTMENT is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit.
I really don't want to turn these into an economics class but the both definition of what investments are clearly should settle the argument of whether BTC is truly an investment or not.
Some peoples may not agree with your opinion, but that is not problem for us because everyone can think what they believe. Bitcoin has became an investment because the value is very high in the market. In 2010, i think there were no peoples thought bitcoin as an investment. What the price it has now, mostly of us think bitcoin as good investment because we believe that the price gets more expensive in the future. When we hold it for the long time it become a valuable asset that waits for the good price that can give good when being apply everywhere as new method of payment. |
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How did you say that bounty was same on mining? In the first place bounty and mining have a big difference in terms of earning bitcoin. If you can see mining was have a device or hardware to mining a bitcoin even you sleep you are earning but in bounty it is not you time, you need put an effort to post or to do something to earn. It is hard to earn in bounty than mining.
Maybe it is hard to earn from bounty than mining but you cannot mine when you cannot afford the hardware for it. True that bounty sometimes not worth it because the reward has no value on the end of it and not even listed in exchange but we are pursuing joining bounty and finding good project that really work a hard work. Bounty is worth it when paying while you can mine small amount when you only have a minimum amount to buy it. |
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I think majority of people here are very selfish ,. Believe it or not. They are hiding and choose not to tell to the other person especially to their neighbors what is cryptocurrency all about.
They don't want to spread the mechanism of it. And that is very wrong for me.
We must encourage people who have no idea to the cryptos. Teach them how to use and explain what is the benefits of it.
This is also for the good of our industry .
Remember the status of cryptocurrencies as of now is endangered and the value of bitcoins is gradually dropping .
So, the good thing to do is to spread out the operation of Blockchain technology.
I always tell bitcoin to my relatives and friends but the problem is they don't know anything about crypto currency,so i usually spend some time in explaining how bitcoin works and how to get benefits from bitcoin because I also want them to improve their living. It is good to let them know about crypto and have knowledge about it. Not believing to about it is changing life is there choice. There is no person who wants to put knowledge on the grave with them, we all want yo share it and help everybody. It is not for our own good but also for good progress of the currency to be acceptable everywhere. |
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This is my opinion too since I first met my bitcoin. As a person working in the banking sector today, I do not think the banks will survive in the near future. Cryptocurrencies can change the financial system completely.
I do think it will not. Banks will stand where it is even crypto exists because many are choosing banks where to store money safely even me. When you do not want to used for investment, much better when you store it on something secure and it still grow even small interest. |
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i think must hold longterm can get profit
if all coin sell, is lost much money
I agree. The price drops drastically which is what you could not expect after investing which make you lose it but when you sell everything you only cut your lose while the truth is you had a big lose and gaining profit. For the time like that better to hold your coin and wait for the good time to sell. Selling everything when price down cannot help the price to rise but contribute on fall for more decrease. Hold because that way your investment gonna be worth good from long term. Do not waste what all you have, there is a good time for it. |
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I think you need to relax. If you need money at the moment, then cashing out. If not, just let it go. Trying to keep yourself busy and might be you don't think again.
Just like what other are doing when the price drop, do not panic and keep it holding. I am sure your are holding a good coin that can make profit but it is not the good time to sell instead buy more volume of it. When the price drops more leave the market, do not stay with it and keep busy on other thing where you can earn that can support you while your investment is not yet growing. |
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erc20 is clearly better than waves because I followed the two but the waves are very bad because of many ico tokens from the waves which I see fate has a lot of value because it is not developing while erc20 is very successful and some are successful even though the token price slightly decreased
ERC 20 is where I am popular with. It is the most preferable than waves, well developed and friendly for all users where we are familiar with the functions. Many projects are supported by it so it proved for being developed successfully and can be trusted platform where to keep tokens. Waves is not that popular in the market just during the time it first implemented. |
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