So far since i start here in bitcoin community i do not have any problem using bitcoin, i am satisfied on the services given by bitcoin to its users then i am hoping that bitcoin would be more popular in the world in the future.
Yes and every good thing has certain problems attached with it and it can be managed or ignored as we should be more focused on the benefits that it is providing us. |
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I am doing nothing with my bitcoin. I just save some money in bitcoin and will exchange them when I am in need for them. but I do not invest nor trade with them
I think you should learn trading and start with small capital and it will surely bring profits for you in long run and its always better to keep on growing them instead of keeping them unused in wallet. |
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I agree with the most part of OP topic. I think that Bitcoin is indeed stable and having really promising potential , and it is as well safe to use. But unluckily we still need to use banks right now and mostly we still need to convert out btc to fiat for the most billing purposes
you are right bitcoins is really stable right now in my opinion and i really like that to be honest For me i like the way that more people can earn lot of money without more requirement like a real job, stable price is not good for the traders like me we love the fluctuation of the price because we can get more profit on that. You are right, bitcoin does give us a chance to earn money especially to those people who dont have a job and as a trade moving prices of bitcoin would be a very good thing to make profits in every move even though there are times we suffer losses but we could surely back it up. The fact is that even if you don't have a full time job then bitcoin can take care of your living and you can earn descent amount of money from it which keep on growing over a period of time. thats so nice to hear if you know how to handle your bitcoin properly it can survive your daily needs if you are still single without thinking of anything bitcoin investment is really amazing for me knowing that it possible to increase from time to time and if the price goes down you dont need to worry just needed to wait for sometime and it will be back again. Yeah and if you can manage to earn it in multiple ways then you can earn much higher income from it and it may exceed from your full time job salary especially if you are living in third world country. |
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I personally have not came across any physical stores that accept Bitcoin yet in my country. The closest I got to using Bitcoin in the real world was using a Bitcoin ATM. I usually spend my Bitcoins online through buying servers and digital goods.
We only have a limited stores online that accept in bitcoin and that is not available in many countries, but as long as we can bitcoins we have the right to spend either we convert it to fiat first or buy directly using our bitcoins. Bitcoin debit card is also an option available now to spend our bitcoins apart from converting it to fiat and the spending as bitcoin debit card will give us rid from conversion fees from bitcoin to fiat. True , but bitcoin debit card would be useful if your country does have high adoption into bitcoin which you could always use your bitcoin card to purchase things or any other transactions which you could able to pay bitcoin directly but in other countries which dont have i think bitcoin card would be still useless. The best choice is to sell them and convert it to fiat and then spend it as converting to fiat is an easy process and with fiat we can buy whatever we want so that is the best way to spend bitcoins. |
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I will never sell all my bitcoins, that's not going to be happen to me. I'm savings bitcoin in fact, Even bitcoin goes down to zero price I won't still sell all of it. Instead, I'm gonna buy it more.
Don't keep on investing your money blindly in bitcoin, and if price falls to zero then surely there is something wrong with and you need to find reason behind the downfall, as after that it may never bounce back. |
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Don't invest your btc any place. You should to know how site/company work before you invest to them. Many hyip/ponzi was scammed at the end, i suggest to you dont invest but use your btc for trading.  People who got scammed in the past will never prefer to repeat that mistake again, in fact they will prefer to simply hold them for future and wait for the price rise as holding involves less risk in compare to investing. |
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there is no way on earth to make profit in something without taking risks. so you are asking for something impossible. bitcoin is just like any other currency, it won't grow without taking risk
Exactly, higher rewards will come only if you take higher risks and I think sometimes risk should be take in order to make quick and huge profits and I believe that trading is much better option to grow your coins. |
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In that situation I will prefer to sell my unwanted stuffs to get quick money or else I will borrow it from my friends so that it can take care of me at the time of emergencies.
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If we are planning to get full time in bitcoin then we need to make sure that we earn higher amount and also some extra so in case if price falls down we still can manage to live good life.
That's why it's not a good idea to just rely on bitcoin alone to make our daily life be supported. Look how volatile the bitcoin price is. Much better if we have some stable price currency earnings too which is fiat to cover all our general spendings. Decent salary in real life job + decent earnings in bitcoin = more money , more savings. That's right its always a good choice to earn from both of them instead of choosing a single way of earning money and alone bitcoin will never take care as there is no fixed income in bitcoin. |
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i think its a good long term investment if you buy 1 btc today but i suggested if you have more money, i think you need to buy more btc like 3-5 btc so the profit that you will get will be increase.
If we have enough funds to get 3-5 btc it's a good idea , but due by limited of funds if you have 1 btc it's still good and make sure you can managing your money in a good thing and avoid the greedy habit. money management especially when you are in trade is something that you need to practice it will bring more earnings if you can control it properly 1btc might be enough to earn day by day. good luck In every investment, money management is really important. So in trades, it's really matters too. Without it, we are just adding more risk in our trading funds. We all know that price volatility is the main risk of doing trades so somehow don't make it more worst byy doing unproper handling of our funds. Exactly, because there are factors that you need to consider and money management is one of the key to success, with your 1 BTC you need to manage that very well in order for you to succeed in trading. But if you will just invest that for long term, you will still profit but you cannot maximize your earnings. And there are people who started with just a small amount and able to make it big for a long term. That is because of proper management of their money alongside of good factors that can make their investment strong. Exactly its all about managing money, I started trading with 0.5 btc when I was new to it, but now I am holding more then 7 btc in my wallet which I earned from altcoin trading even 0.5btc also a huge amount for altcoin trading. altcoin trading can be started with only 0.015 btc. but as much you invest as much your chance of getting profit will be higher.. BTW congrats for your 7btc saving. it is such a great amount for saving. Yup its a good amount to have and good profits to make from 0.5 btc capital, and I think he was also lucky to make that huge profits from that capital as its not possible for everyone. |
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I would sell all my Bitcoins if price go up at least 5000$ or more or if needed money urgently and Bitcoin is only way to get money.It would take a long time until BTC reach 5k $,therefore it is quite safe that I will not sell in near future,although surprises are always possible  $5k price is possible to achieve in future but it will take long time for that and I don't think that many will hold their coins that long as most of them will sell even if it reaches $1k. I completely agree with you,if and when price reaches magic 1000$ most users would sell most of what they have and it is likely to bring price down again.It will be more difficult to reach a four-digit figure and keep such rate stable for a longer period of time. I think to achieve the price of $1k it will take long time and don't see it happening in this year, price will boost up only if we find big investors putting their money in bitcoins. |
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I am buying at a moment as I feel that price is still good to make an investment and if I can manage them to hold at leas till the end of the year then that would be the time to make profits.
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Bitcoin is quite popular in my country sometimes I go shopping and then I see those coin stickers on the windows which is nice.
So I use bitcoin sometimes irl but not that often though cause I like to save them up as much as I can.
I think you are lucky that bitcoin is popular a bit in your country and you use bitcoins in offline shops as well but it is no way near possible in my country.But if there was i also would not have used that much because i also like to save my bitcoins. If we cannot spend them then its ultimately helping us in saving our bitcoins for future and we can gain higher profits if price goes higher in future and saving is the safe method to make profits from it. |
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After getting scammed of about $30 i had stopped looking for investments so currently i am using only yobit.net for trading purposes and except this site i am using bitcoin yo buy something from online stores which are from another countries because for bank transfer it requires more transaction fees and more time for processing.
Well, you're going to get scammed if you invest in things that look too good to be true. There are a lot of ponzi's, but they should be easily recognizable, since they all have similar websites and concepts (Bitcoin doublers etc.) Sometimes even the site is an obvious ponzi still people are getting hooked. The main problem is the lazyness. They don't want to put work to earn bitcoin that's why they need an instant one. No ponzi will work if no people are like that. That's true if people will stop entertaining those sites then they will simply disappear from the market but the fact is that people keep on investing money and those scammers keep on earning money. |
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with 3 bitcoin I would invest in the trading world. I will make trades altcoin. as spare I would only use 2 bitcoin. 1 bitcoin I save for something urgent.
altcoin this time I think is the most profitable way of all kinds of existing investments. on altcoin we could do a trade or investment in ICO, both were really remarkable. but trading course should have a good knowledge, because trading altcoin should have full research. Yeah altcoin trading is very risky if you invest without doing any research and if you invest in wrong coin then it will surely bring big loss for you in future so you should be very careful before investing. So if anyone want to do altcoin trades but found it hard to start, they can try first the bitcoin trades since it's more less risky compare to altcoin trades. Altcoin trading is really profitable but it really needs a serious price watch since it's move much even for a minutes especially the new one on ICO. Investing time in learning altcoin trading would be really worth in future as once you gain knowledge about it you can expect regular profits from it. |
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If bitcoin achieves 4 digit price then I will prefer to receive salary in bitcoin or else it will be risk to accept it with current price as it not too high and also its not stable.
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save money or investing money? I agree with most of the opinion on this thread. I prefer to invest. why invest? because we invest, then money we will continue to increase
Yes investment will allow to grow our money in long run, there is a risk of loosing money in it but if we do good research and invest at the right place then everything will be fine. Yeah for investing you really have to get information first and you have to be aware about what you're investing on for you to have a better chance of growing your capital. Although i think investing shouldngo hand in hand with saving and it shouldn't be a choice between the two. Saving is primary and investment is secondary, a person whose source of income is only from day job will always prefer to save first and once he have enough saving he will start making small investments. |
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Hello All,
What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.
Steady income more likely to be 'small & secure' than 'big & risky'.
Thanks,
BR Oinas
The best way for a steady income is to just have a job because Bitcoin is not going to let you have a steady income because the Bitcoin is not stable at all time. Just take a job because then you will be sure that you earn money every month. Yeah full time job will give you steady income and in bitcoin you can earn steady income from signature campaign but what fiat you will receive in hands will depend on the price of bitcoin. |
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You can put in in BTC mining - and get ROI after some time, but be careful - there are also a lot of scam BTC mining websites all around Web. Or you can go with Forex options and get ROI back in let's say one day - if you know Forex. I think investing in mining site involves a risk and that is not a big amount for making an investment, if someone asks me to make money with that amount then I would simply use it in gambling. |
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I want ask anyone if i give you 10 Btc what will you do. because i want investment but i have no any good idea to invest it (except gambling) but i don't like dambling.So i want ask you viewS.
I guess that I would trade them in all at once because at this moment I am in need of some money so with 10 Bitcoin I can amke some money. If I was not in need of money then I would be saving them for sure. Trading will give you regular profits so if you are in need of money then you can withdraw your profits regularly and spend them on your needs keeping your capital intact for trading. |
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