Is possible to make decent monthly income from BTC trading but first you need to have in depth knowledge of how trading works, human psychology and also good start up capital. Trading Altcoins is also good too if you can add to your plan
A decent job is possible but a fixed income I guess not, maybe all you need firs is a stable job that pays bitcoin by then you can have a fixed rate for your job but I guess if you are freelance you can just have a good income then but not fixed now. |
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bitcoin have no proper price and this is the beauty of bitcoin. it makes an Ideal currency for traders and investors.
if bitcoin price stuck to one price and don't up or down. than there will not any sense remain dealing with bitcoin (at least for me)
Yah, having unstable price of bitcoin is interesting right? Having a high and low, but mostly increasing value of it every single second is a good thing with this. If the price is stuck in one price for sure the people will not stay on this. |
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My thoughts are that bitcoin is going to keep growing as it has done in the previous year and I think that by the end of the year we will be able to see prices that we have never seen before probably above the 1500 mark it will not last for long but enough for us to profit from it.
Yeah, I agree with this, at the end of the year bitcoin will gonna reach 1500, we gonna earn much more now since it is increasing the value fast now. But for me, it is not just $1500 this year but more than that, we really want this one to happen soonest but it take time, yet the value totally increasing fast and high. |
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Thats what all wants,:) but really hard to get even pro traders sometimes got nothing,, what i can say is just read read and read and we will learn,,  Yes we are already there but reading isn't going to be enough and also learning. When you already do have those things you need to apply it properly. And it is true that even how pro you are, you can still doesn't have an assurance to earn that much for a month as trading is really an unstable job where you can earn higher and sometimes lower. Yeah, it is right reading and learning not matter, practically we earn money, Also about the OP, i don't agree on it, if we have small assets than how we can make 1 or 2 bitcoins in a month. And secondly, if we have no capital than definitely, we should use the different ways to earn the bitcoin, and in this way it is impossible to earn 2 bitcoin in a short period of time. |
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These two words seem different thin difference between trading and investing so here
Trading is the buying and selling process bitcoin or altcoin done at any time.
Another case with this one investing if we invest in a business for the long term. can invest in tarding for the long term.
approximately like that I can describe
Yeah, but both are kind of business, on one point both are same like when, we buy and sell coins in trading and also we do in investment when we buy the bitcoin and hold it for a long time, so it is also like trading, and both have a point to earn money. Well, for me, difference doesn't matter. |
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I don't think the kids will understand what Bitcoin is if they get such a toy. I mean manufacturers could put the Bitcoin logo on cars, trucks etc. but how will the parents explain to their kids what Bitcoin is and what their kids can do with a digital currency like Bitcoin?
how do parents explain bitcoin to their kids? I have ever read a thread here where a father guide his son to play a bitcoin game and he got bitcoin. and toys is not loved by kids only, many teenagers love toys too. so probably it will help, but I am not sure it will contribute highly or not If we want to publicity of bitcoin, than definitely we should use different ways. Because it is not talk about toys, matter is that we want awareness of the people who don't know about bitcoin, So lets start to the kids. That's why i don't think that it is bad idea, it is good and also unique. |
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It is not banned in Russia and China and the support of bitcoin is more higher in China so it s not sensible to think that it will be banned in China any time. only a few countries have banned it and these countries are not much bigger in their technology and education wise so they often think that with bitcoin there will be crime in their countries by those who are criminals but the developed countries know that crimes are not due to bitcoin.
I guess too, the most supported country now as far as I know is china, so how comes to OP that it was banned it that country? I thought they have big farm of bitcoin  . And yes, there were few countries that banned bitcoin already, but it was not that easy to let people not use bitcoin. |
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difference bitcoin has advantages in terms of its value increasingly rising,in contrast to real money drop price bitcoin more desirable because stable prices but bitcoin has a great risk of losing rather than real money dependent people who have a need bitcoin or real money,choose a digital money or real money is the same because all for payment transactions.
Yeah, both have their own differences, its advantages and disadvantages, but we can see that it is much more advantage in bitcoin than fiat, especially the price but the risk is totally high on bitcoin. Bitcoin has more features ofcourse. |
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Yeah, it is really good to know that bitcoin again cross $1000 and now bitcoin is $1022, if bitcoin continuously rise within week, than no doubt it will be crossed at $1100. So it will be a new record of 2017. Also i still hold my 2 bitcoins, now i am thinking to sell them, and i will wait till the end of the month to see bitcoin's price.
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First of all, thank you for telling us, But you missed the Signature campaign, You know signature campaign is best and biggest source of income of bitcoin. Even majority of the people are not doing other ways of earning the bitcoin, they only use the bitcointalk. Because it is more trust-able way other than as you telling us.
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For me trading (altcoins) is still the best source of bitcoin... Just research and focus on on coins you will trade and you'll get a good profit... Just do some day trading if you want to make daily profit... Do long term as well, it will give us big profit... Gambling also is a good source i see lots of people now post their winnings from dice games... Not recomended thou ...
I also have same thinking, because of crypto currencies are best for altcoin trading, and i see many people are using crypto because they are doing trading. But i also vote for gambling, especially for online gambling, crypto currencies promote the online gambling. |
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Why are you comparing Bitcoin and Western Union? Not all people are using Bitcoin so they are using Western Union or other remittance center. I am using both if the person use Bitcoin then i send it using my bitcoin wallet, but if the person doesn't have Bitcoin then i used Western Union , Cebuanna or even a bank transfer.
We comparison Bitcoin with Western Union, Because in bitcointalk everyone know about bitcoin, and many members are here who use bitcoin for amount transfer. That's why we are discussion this topic. But also in my view, bitcoin is more better than Western Union, because i have used bitcoin for amount transfer with a less fee. But when i didn't know about bitcoin than i was also used Western Union. |
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I don't think so any minimum amount will be here in trading, and as you said 0.5 amount you have, i think it is enough to buy any coins. But trading is not depend in amount, it depend on your skills and information, So better is that only concentrate your trading skills and than start it.
Well, when you have accurate information, and great skill, then the amount is no longer an obstacle. possible to start it you must begin with the 0.1, or 0.2 BTC according to your abilities. but if you do not have it, maybe 0:05 BTC can give you for quite a lot. but, I suggest to use as much as possible, because the more you use, the more profit you gonna get. But in the start, we should use only limited amount. Because in trading, we couldn't guess, we mustily need skills and correct information than we gain profit. So i suggest in the start better is that use less amount, because if we couldn't make profit than less than we could afford lose in trading. |
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at my place there are no restaurants that accept payment using bitcoin, maybe management is less promosiin to outside users, if anyone actually want to start this is definitely the future will be a lot to follow
Usually many countries are not accept the bitcoin in open market, that's why majority of the members are here in bitcointalk, where their countries not accept the bitcoin in any restaurants. So for us, it is hope may be in future, we will be eat in any restaurant and we will pay with bitcoin, than we will have a experience of bitcoin billing. |
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In my view, in trading not many chances are here to panic. We feel panic and emotion most of the time in gambling. But in trading litter bit we feel it, the reason is that when we get lose, so as a human being it is right to we feel panic, than we will do more concentrate on our trading with better skills and learn from our mistakes.
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I am keen to know how to find which coin is going to get pumped next and when.
Is it possible to know for sure?has anyone here predicted accurately about next pump?
Its difficult to know when it will going to get pumped the coin. That's why in trading it is in our hand of how are we going to predict it precisely, though its really hard. But in yobit exchange I just noticed there that if you see the color green is blinking quickly, I don't know if my thought was right, I think its pumping the coin. Try to observe it, and read the message inbox in yobit too while Pump and Dump is presently happening, Just check it out. Just beware that when you see green light in yobit, it just a fake pump. A bot pumping on the yobit site and people get trapped to that. So i was once fall in that trap and bought a coin thinking it will pump more. Two hours later a big dump happen and i lost my BTC. So beware of fake pumps. Not all pumps are fake. To see if the coin will pump you would see the buy orders. If you see high amount of buy orders it means that Dev and people have faith in this coin and they willing to buy more. So you can buy those coins which have big buy orders. Also the trolling chats in exchanges will tell you which coin is about to pump. |
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I don't see any necessity of a country creating crypto currency, if the country want a currency that can be controlled by the government then it just the same with fiat, crypto currencies was created so we can have a decentralized and anonymity currency and also a currency that can be used for global transaction, so the purpose of crypto currencies being created is we can have a currency that controlled by the market
Yeah, Cryptocurrency mainly created to avoid control of government on currency. If we were to allow bitcoin controlled by nations and governments, then why we do the hassle of promoting bitcoin. We need change and change through bitcoin is that we are not under the governments and are independent with bitcoins. We cant pay taxes to government and bitcoin will help us on that too. |
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Maybe you need to put higher fees. So far all my transactions are pushing through within an hour or less. I usually just set it at a high amount like 0.0002 and don't really compute for it. Maybe you are placing low fees and that is causing the problems for you. You can also use the free tool at viabtc, if the fees are above 0.001 then they can accelerate your transaction for free.
For last few days, the bitcoins transactions are taking larger than normal time ot get get confirmed even on normal fees. Putting a higher fee is one solution to the slow blockchain confirmations. We need to find out what is the main reason of blockchain slowness so that this issue can be solved properly. |
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Is because the name "Bitcoin" is the best name for a crypto-currency.
No other name will be as good.
This is funny. I never thought if bitcoin was named some other name. It is the best name and also the golden yellowish symbol of bitcoin is marvelous. I too like bitcoin for its name and Logo and surely for its high value. |
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Will Bitcoin help me if I have financial problems? Will money help me if I have financial problems? Will selling something of value help me if I have financial problems? I think the answer is pretty apparent lol  Ofcourse ,any form of money whether local currency,Credit card or bitcoin will be most valuable in case of financial need. We do not need anything else but money only to get our all needs filled. In short. money is important no matter which currency or form it is.  |
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