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If we have faith in the potential of bitcoin then I think we should not listen to the people around us, as we know that bitcoin will be more powerful in future.
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I'm saving my coins for the future but whether you should or not is up to how much you believe in bitcoin. Nothing is guranteed but I can certainly see the potential bitcoin has but that doesn't mean everyone else will.
Maybe just buy a little and what you can afford every month but don't go crazy and invest more than you can afford to lose.
Yeah agree, saving and holding bitcoins for future is the right thing to do, as it is expected that value would be much higher in the coming months so its better to collect as much coins possible at a moment. The only that comes to my mind is if we save for long term without selling now and what if price falls back then would it be worth to save for that long time? Yes chief ,it can maybe down the price after the halving or after it reach $1000 but i think it will not be down but it is the jump start again to the bitcoiners who will buy more BTC again. the price is being pumped up heavily. the price has to come down at some point. and when the price comes down, it will be a very sharp fall. and i expect it to happen directly after the block halving. that's why i keep securing profits on the way up. it puts me on the safe side in case the price drops significantly before the block halving. Question is when the price will come down. Before the pump or after the pump? I bet those people in 2013 were thinking the same... Selling at 800 is nice, but what if we can make 1200 again? Its already $770 and now I feel anything is possible before the halving, so I am holding my coins safely and will sell at the price of $1k as now we are not too far to reach there. |
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The price is nearly at $770 just now. I think within 48 hours we'll definitely get to hit the $800 mark. It's fantastic seeing the price go up constantly.
Yes this is really exciting to see price moving up and up now, we may touch the price of $800 in next two days and if it does I wont be really surprised as now I have higher hopes from halving. |
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If i am in desperate need for money, first if I have some assets, i will sell them. This is for immediate cash. Or file a loan using those assets as my collateral. Find me a job, any job because I'm not in a position to be picky. If i have a gadget that have an internet and a member rank of this forum, i will apply for Yobit Signature Campaign because they pay real time. I can encash the moment my post are credited. Look for bounties like twit and retweet bounties, facebook likes, newsletter subscription, translation etc.
Selling assets would be the first thing I would do. Taking out on a loan would be the last thing I would do. I don't like loans or being in debt to someone. Rather sell my stuff then loan. Yeah if you hold good assets then you can sell it but as if you are in emergency so you may need to sell even at lower price and that would be really bad. |
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I think at a moment the bitcoin can win but right now the dollar will win again and again because its bigger/better because its accepted everywhere and the bitcoin cannot competitive to that right now.
Yeah may be scenario will change in future when bitcoin will become more popular but as of now its not possible for bitcoin to replace dollar. |
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I love bitcoin and gold, they are both good investments, the only downside is that the bitcoin is unpredictable but profitable on both term and the gold is secure but it takes a long time to make profit mostly.
I think it's easier to predict bitcoin than gold for me gold prices tend to be stable and very difficult to move up or down but yes investing in gold is much safer because you can hold in a form that can not be found in bitcoin. No bitcoin is unpredictable in compare to gold, gold is not too volatile like bitcoin, last month bitcoin was around $450 and current price is close to $750 which proves its high volatility. When the market cap of bitcoin becomes the same as the gold, no single entity can manipulate the price, it will become more stable. It will take long time for bitcoin to achieve that huge market cap as gold, as at a moment market cap of bitcoin is too small and we cannot expect to see price stability in bitcoin. |
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i have just been tranfered in my company to another position and it's hard now. i may think again and hope there will be a bitcoin way for me to escape this job. feel really tired.
That is hard. It is harder to work if you do not want your job. If you can find a good paying bitcoin job, it is better you quit and focus on bitcoin. If you are good in bitcoin trading, I think income there will suffice to support your daily need. If you have luck, you can even earn more. the path you draw has been paved with too many 'if', too dangerous. i don't dare follow it, my life has been set, i can't just completely change it, reset everything. If you have a good paying job then you should never think of getting full time on bitcoin, and you can work on bitcoin anytime so you can manage that even with your job. Doing a full time day job is good if you have a good salary but later if you really not into it you will become bored, as an employee you have no freedom because your time and your performance are controlled by your employer, if you maximize your performance the company will benefit and you just share a little. However, if you are good in bitcoins then you don't share your profit cause that all for you and not even taxable. And in addition if you do bitcoins in full time, you are the boss, you will decide on how long, where and when you will work, and what work do you want to do. Well if you are earning a really decent amount of bitcoins, that was really great IMO. As an employee we are working hard to finance our daily expenses and we also dream to have a comfortable life in the future and not just remain and employee for the rest of our life. I can say that being an employee is secure because you will receive a fix amount of salaries and wages every month or payday schedule. However, this is not the type of income that you wish if you want to feel a comfortable life, having a comfortable life requires a lot of money and to have a lot of money you need to be rich and you cannot achieve it by working alone we need to get our in the rat race and have our own income by investing. Bitcoin will give us an opportunity and it depends upon us on when are we gonna grab that. you are right, we'd better grab that as soon as possible when we still have our chances. our day jobs can be a big barrier since it drains our time and energy dry. If you want to be your own boss then bitcoin gives you that opportunity, but make sure that you are earning higher amount in compare to your day job then only you can afford to quit it. you are right, being my own boss is worth it, bitcoin is worth it, but it's not about the right time. i must slowly prepare for it. one day i may make it. Yeah if you are earning good amount of coins and if your earning is higher in compare to your job then there is nothing wrong in quitting the job and get full time on bitcoin. the point is if we want to take the decision to take full on bitcoin, you should be able to get more income from your job, and also can get stable income. The fact is we can never expect stable income from bitcoin as price keeps on moving up and down, but if bitcoin holds price above $1k then we can afford to quit our job. |
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They are simply scared to invest because they are thinking its a investment with a big risks and other people are even thinking that its only used by criminals.
Yeah i also think about that "they only used by criminals". People around me thinks the same because they think that bitcoin is designed to use in deep web to use for illegal activities but they're wrong  . They are partially true actually, some people indeed using it for illegal activities. And media has made it become worse by telling only the bad effect of bitcoin. Even media will keep on showing news about the bad side of bitcoin, I see it's not a big deal after all. If people really want to know more about bitcoin, they will take time to learn what bitcoin really is. And every bad news is just a shit to them because they are the one who will found out if bitcoin is bad or not. Media has never shown their support towards bitcoin and that is the reason many people hesitate in investing into bitcoin as they have more faith in news and media. Except Japan though. From what I heard, Japan's media has quite a good support towards bitcoin and I do think China does the same. It is usually the western countries that has never really shown much support on bitcoins. That's true but I wonder why people gets carried away with news that they hear rather then making their own research to know what the fact is. |
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In this time most of the currencies are here,so why i use Bitcoin? what you feel the different between Bitcoin and the other currencies?
well i don't know why you use it but i use bitcoins and not other altcoins because it is first altcoin, much older than others and most people use bitcoins, stores accepts only bitcoin too and i also like bitcoin because there are many different and very good bitcoin wallets, and also there are plenty of ways to earn with bitcoin, like trading, gambling and others Bitcoin gives you multiple ways to earn bitcoin and you should pick the best according to your convenience and if you are safe player then signature campaign is the best to earn bitcoin. The main reason why people is using Bitcoin is that they want to earn some more money later with Bitcoin and they want also to try a new payment method so that is nice. And you also can see now that Bitcoin will be now more acceptable so that is really nice because we also can now spend it more and that is perfect. Yeah you are right. I think many people using bitcoin because they can earn money from bitcoin and i also using bitcoin because that reason too. Many use bitcoin for just some easy sideline money, but there are also several persons who sees bitcoin as the perfect opportunity of a big investment which banks in their countries cannot fulfill, of course this is very risky , but also very rewarding in cases like nowadays when prices hit a big surge and you make profit. Initially I thought to keep all of my savings in bitcoin but then I changed idea, I use bitcoin almost everyday in different online ventures. Its a really good feeling to spend bitcoin to buy anything, but the fact is at a moment we should hold it for the halving to make some extra profits by selling at higher price. |
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My expectation would like to sell at the price of $1,000. but if after close to halving $800 is peak, I would sell it.
yeah and that is the right price to sell your coins, as we have waited long to see that price so we just need to have some patience now as it will be achieved very soon. but the fact that I would be confused when the right time to sell, because if I sell after halving, I am afraid the price will increase when a few months after halving, or even at the end of the year could reach $1,000. FOMO. FOMO everywhere. Even with me huhu. Ugh. I think you should sell during halving, then buy at the crash. Then sell again later this year. That is the perfect strategy to follow, selling at halving is the best option as price will be really good, so don't hold to long, if you are making good profits at halving then you should sell it. |
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Just save your bitcoins for 2-3 years ,,and not that storing your bitcoins for a long long time..2 years and you will have.profit from it.
Yeah it would be good if you can save for long term, as if you want to earn huge profits from it then you should save it at least for next 10 years. |
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i am not really spending bitcoin online and i haven't tried to spend it in real . because i don't have enough of bitcoin to spend . i am just holding it for now and waiting for a good price so i'll convert it to fiat .
Whatever coins you have just hold it for next few days, as the the value would be really worth more at time of halving and try to collect as much as you can till then. |
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Buy as much bitcoin as possible and hold it for next 10 years without touching or using it and you will surely become rich in future as price would be beyond our imagination in future.
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at this time it is better to save it and hold it until the halving because there are chances that some investments will go to scam . just wait until the halving is done and you should pick a safe and legitimate investment . goodluck man .
hold current bitcoin might be better than investment. bitcoin price increases very quickly, if you're good at seeing opportunities like this, maybe you can make more money. but if you want to invest bitcoin that you possess may be better to invest after the price increase is stopped i think holding bitcoin is both saving and investment, so put your money to bitcoin and hold them for longer time as now in this year the whole year the price will increase. Yes investing in bitcoin is the best choice as halving will show us higher price of bitcoin, and if you hold your coins till the end of the year then you can expect best returns. |
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I have stopped buying now as price is too high, so I am waiting for price drop and if price goes to $600 in next few days then I will buy some coins or else just hold the existing ones.
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Yes. I spend coins in real life. I use them to buy loads, pay bills. encash it and send as remittance to relatives, buy digital items and use it on restaurant that accept Bitcoins.
you are lucky that you are spending bitcoin in your real life. we have no such store or shopping mall where bitcoin is accepting. so we still not using bitcoin in my real live. i am willing to you bitcoin in real life. Yeah we cannot spend bitcoin physically at this moment as there are no offline stores that accepts bitcoin as a mode of payment, hope things will change soon. |
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Bitcoin is getting more used as a payment method and that is really nice because you have to know that Bitcoin is becoming more used and some people with already Bitcoin are using it as their payment method.
And that is really nice for the currency itself and also for the future because Bitcoin is getting more popular.
Yes bitcoin will be the best payment method in future and more people will start using when they are aware about it and they will surely stop using banks and WU for money transfers. If something big will just happen (not a bad event) that will make bitcoin known to everyone in the world and will gain interest from them, then that will going to be the start of Bitcoin in daily life.  Its really sad that we cannot use bitcoin in daily life, as the use of bitcoin is very limited at a moment, and it is only used for buying online stuffs, nothing more then that. |
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Used to have a slight gambling problem with bitcoin; now I have the exact opposite problem. I love just hoarding my bitcoin transferring all the tips I made in a 12 hour shift into bitcoin is actually REALLY satisfying. Do you guys like to hoard your BTC or spend them?
Just a simple answer, I think I want to hoard my btc if the price is down and spend them if the price is going up, But i'm not to forget the standard price before the price is halving or down. so i'm very like to spend my btc than hoard my btc to a long time. because I know the price of bitcoin it's can't to predict when the price is halving or going up. I just like to spent coins because i believe that the price of the bitcoin will rise allot if we all spending coins because money needs to roll you know. That's true but I think at this stage you should not spend and save for the halving, as price will be higher at the time of halving which can give you extra benefits. |
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my worst mistake was not trusting bitcoin at the beginning of the creation
Me too, i already know bitcoin 2013 which at that time its value is very low. I just started trusting bitcoin november last year when i started to earn my own money. That time its value was 200-250$ and now almost 700$ and still increasing. I thought if i just trusted it at 2013 maybe i can pay whole my tuition fees and provide all the expenses while i am studying now. Bitcoin will be the future payment method and that is really nice because you can also see that Bitcoin is becoming more popular and that is perfect for the currency. But it will be really hard to know what will actually happen with Bitcoin and that is the most risky thing. If more people will use bitcoin as "money" then yes it will become the main payment option for some big merchants out there. Today it's more on investment since the price is increasing so accepting it of some big online merchants is really not clear. The problem is people are not using it as a currency they are treating it as an investment, if we want to see higher price of bitcoin in future then bitcoin should be circulated. |
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Lol just because you are dumping doesn't mean we have to dump alongside you. Just because you're taking a shit doesn't mean we have to take a shit alongside you. Just because you have your beliefs doesn't mean we have to believe you.
The logic is real, huh.
Yeah that's right ,if they want or dump his coins its ok because he will earn on it ,but to make us follow him because he already dump it ,it is his lost many of us still holding and waiting until the end of halving. No one knows what is the reality, he really dumped his coins or he wants that we should dump our coins by listening to others, its an individual decision when he wants to sell his coins. |
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