Bitcoin for me because it is very precious to me, I can use it everyday and earn from it and with it, with many task available online where you can earn bitcoins you can maximize your earnings by doing trading or simply investing. However, gold on the other hand needs time and money for you to profit.
To earn profits from gold will really take long time, as its price doesn't fluctuates like bitcoin and with trading bitcoins you can make some good profits in quick time. |
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No, i will not quit on my job just to be fulltime on bitcoin, the reason is my job is the only one that make us live for long..without it my family and i will be begging on the different parts of the street for some food.
Of course no one of us is doing this unless he is having a really great idea and the needed skills or connections to set up a crypto company. And having a family also means to take a lot of responsibility for your wife and children. Being alone would be something different, where taking more risk only would effect you and not others. So just do what you do to earn money and try to make some BTC beside that.We are still pioneers and early users. That's true we are the real pioneers of bitcoin, even if we hold less amount, no need to worry as bitcoin will be lot bigger in future and whatever amount you would be holding will add more value. |
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I hope I am not the only one who hopes that the price doesn't surge too fast, too soon. It could trigger a massive selloff once targets are hit by those who bought at really bargain prices. I am still hoping that the rise would slowly happen. But this is bitcoin. Stranger things have happened in the past that no one expected.
We cannot predict about the price of bitcoin, as its not in anyone's control, price is good today, and lets hope it will keep on rising in coming months too. |
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My friend told me that you can earn from signature campaign, Initially I thought its not possible but when showed me his earnings then I was really attracted to it.
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i personally never bought. and my not in future. because i have no such amount to buy a single bitcoin. thus i managed to earn it. and so m i doing. i think i have the best option is earn it and make a good aunt of it. i know it will take a lot of time but hope the time will come when i will be able have a good amount of bit coin in future.i also suggest my other friends to start earning it from a signature campaign.
If you are an active user of signature campaign you will hold good amount of coins in future, whatever you earn now save because it will hold more value in future. |
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I use bitcoin for trading, so for me to speculation and Pump and dump schemes are very important.
Exactly and bitcoin is the best way to make quick profits from trading, price volatility really helps us to make good money from it on regular basis. |
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I will choose for Bitcoin and that is because I personally like Bitcoin more and you also see now that it is becoming more used as a payment method so that is really nice for the future.
You see that even users from paypal are going to use Bitcoin so that is perfect for the currency also.
But on the eyes of paypal user , paypal is very kind payment method too, you can say that bitcoin more rather than PayPal because you was bitcoin user and don't give interested with PayPal anymore. But there are more paypal users are also trying to use bitcoin since they are still in the process of adoption and trial and error on bitcoin. And if they've been satisfied on using bitcoin, for sure they will shift to bitcoin. Yes indeed paypal already widely known than bitcoin, and they very rarely oarng who know bitcoin. If a lot of people who know for sure I believe bitcoin will pidah of paypal and using bitcoin. That can happen because the process of bitcoin better and faster than paypal. Well bitcoin is still in the process of getting to be known by people don't worry sooner or later, people will going to shift in bitcoin once they are all tired of using paypal if they want something to use with a trend, they will really going to shift in bitcoin. Bitcoin is successfully creating its identity and in future we will find many new users joining the community and it will be used more by people for sure. |
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No its not buy time right now although its still a okay price a month ago the price was pretty good 400 dollar but right now its already at 450 dollar.
Anything below $500 would be affordable to buy, as we are seeing price rise now, So I still think this the good time to buy and save for halving. |
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The increase we are seeing has nothing to do directly with the halving effect...it is just "normal" speculation...
the fun is to sell before the big decreasing will start...
I'm not ready to agree with you. There is no possibility for any selling pressure now on bitcoin prices or after halving too. On the expectation of upcoming halving, we can speculate bitcoin prices to be a new all-time high price also. Overall we can expect there will not be any big decrese on bitcoin prices. Price has already started to rise now and that is the halving effect for sure, and we will be seeing much better price as we get more closer to halving. |
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In fact I am already regreting converting some coins of mine to FIAT when price was a few days ago only 445 USD, while now I see price have been going up and it was almost 480 USD during today. Damn I am feeling sad now, I should be acting with more caution when trying to convert again, should find a better price.
You should be always mentally prepared to face this situations, price fluctuations will always there, so no need to regret, as you only sold because you were satisfied with that price at that stage. |
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To save some money you must dont be greedy otherwise it will be not possible to save some money because than you are just only spending and that is really bad.
But you have also to make an investment if you want to earn some more money later so you can get some profit.
I think you should have control on spending, and don't try to spend on useless things, or else you will never able to save money for future. |
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yes bitcoin will continue to rise, expecting it to each 600-800$ after halving, worse case scenario after halving and some miners quit mining then price of the bitcoin will continue to rise ,
hopefully it will not happen any scenario that makes bitcoin prices fell after halving. but it may happen if a lot of people sell their bitcoin when halving. and not comparable to the existing demand We don't know what will be the price at the time of halving or after halving, we just hope that it doesn't fall down, or it will create huge panic in the minds of the users. I think the panic is very likely, but after today's jump Bitcoin price, I'm beginning to think that $ 500 before halving is possible. Im expecting that we can see the 500 marked again within this days, im wondering what will be the reaction of those people who sell thier bitcoins yesterday when it was at 450.and now at 476. That risk will always be there in bitcoin, as you never know what will be the price tomorrow, but if you are comfortable with price then you should sell it without any hesitation. |
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It is really hard to say how much you need to retire in 20 years and that is because the value of the Bitcoin is always changing and that is risky for the most people.
Because some people dont even know what they have to do with the Bitcoin so they are also making some mistakes.
We cannot afford to think of that long, as we don't know how long is the life of bitcoin, and whether it will be alive after next 20 years or not. |
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The advantages of bitcoin are that it is best payment method, it is decentralized and not controlled by Government and disadvantage it cannot be used everywhere.
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I wish I could buy simple things as ordering food that would be super convenient for me. That is really the only thing I wish I could buy with Bitcoin because I need everyday.
I hope that my wish will come true in the future of Bitcoin.
Paying restaurant bills with bitcoin can be really fun, as we all love eating out and may be we party every weekends, so paying in bar with bitcoin would be interesting. |
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i prefer my money to be in of both of them.
cash because i need it to spend day to day and pay for things that i need in my life and there are no other ways to do it except with cash.
bitcoin is becasue it is a good investment apart from an easy way of spending money.
Spending bitcoin is not easy for me as I don't find any shop where I can use it, so holding cash is better option for me as I can spend it anywhere. |
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1,5 bitcoin is not a lot but I would honestly just hold it till the halving has been done, you can make a lot of money with it without any doubts these days.
I don't understand .. How we can make a lot of money this days with 1.5 btc? Holding it? Halving does not mean that price will increase, it could mean even crisis. He mean to say that if price goes higher at halving he can earn more profits even with 1.5 btc but no knows whether price will increase or decrease at halving. |
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I do not think it is not possible for the price to be $1000 in 2016 because we are not even halve way there. We have yet to hit 500 dollars so for the price to be 1000 dollars is probaly not going to happen any time soon. Especially not in 2016 maybe it will reach that in 2017.
There is a possibility that the price will be around $500 in the July or August. Then 6 months later, the price will be over $1000. You cannot expect double price in next 6 months of halving, that is impossible to achieve as its taking long time even to reach to $500 mark. |
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I dont think that its a smart move to quit your full time job and get full time into bitcoin as no one is sure what will be the future of bitcoin.
Exactly and I don't want to see my family begging on the streets in future for the worsts decision that I can take. of course you don't have to quit your job if you have doubts that you can provide for your family thru bitcoin. Switch only if you are 100% sure that you are earning more than enough to make your family live comfortably. Otherwise, maintain your job and do bitcoin onthe sides. You can afford to get full time on bitcoin only if you have huge capital to invest, and that capital will be helpful in trading as even small fluctuations can give you good profits. |
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I have saved good amount of money and now I am trying to invest my money in bitcoin as I think that is the best place to invest at a moment.
If you are already saving money with a good amount, I think when you invest in bitcoin should not hesitate, you must take risks. perhaps it was as an experiment, when you want to take a greater advantage. That's right if you are going to invest in bitcoin don't doubt about it. But yeah, you must be a risk taker, because if you are not going to take a risk. Not improvements to your investment and you won't experience the importance of giving value to your btc. The secret of the rich investors are they are very aggressive, if they see an opportunity they will automatically grab that without hesitation, as long as you understand the risk and accepted it then you are good to go. yeah right they usually successful, not a lot of thinking, but they immediately ended and investments, about the results of the latter, because success will not be achieved in one run, but after you fail and learn from failure, you will find success. Exactly you need to learn from you mistakes and that is the best way to become successful and I really thing that investing in bitcoin at this stage is the right thing to do. |
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