go back to the year of 2009 and buy 10000bitcoins for 25cents each That's still quite expensive. Back in 2008, just buy mining, in a day you could get 10k bitcoins, if my memory serves me right. Why spend so much money when you can use an old motherboard you found in the trash? Yeah back then it was crazy if you were part of it and then kept all your bitcoin I wonder how many people were actually smart enough. Nowadays it's much more difficult to get rich cause we missed the right timing with bitcoin which sucks for us.
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The actual best way for a steady income that I know about is having a full time job with a full time contract so you know how much you earn per hour. If you own a business for example or work for yourself you will never get a steady salary and have a steady job cause anything can happen and you can go bankrupt.
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If you have three bitcoin then you have a nice starting capital for trading in my opinion. I would trade with 1 bitcoin and make more profit and put the other bitcoin in a wallet as a long term investment. Trading is difficult though you should learn it first before attempting.
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I do not use the bitcoin in my daily life because of the fact there are no real stores in my nearby area so I cannot spend it too. I think when this comes I will spent it more for sure and maybe even daily.
I also can't use my bitcoin in my daily life cause there are no physical shops nearby to spend it at. I could spend a little bit online but that's not really part of my daily life then cause I don't order online so often just every now and then.
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I don't have a business but i would accept bitcoin in my business because bitcoin has done alot for me and like this I would do something back to bitcoin and the community. And besides a lot of people use it so I would probably get atleast a few extra customers then.
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Amazon will probably be accepting bitcoin in the future but nobody can really tell because I don't think they released any information on that. If you speculate about it then it would seem logical that they would also eventually accept bitcoin.
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It is all about proper impartation of or knowledge about bitcoin and we have to educate them very precisely on what are the benefits that they can get if theycarw going to use bitcoin as a payment
Indeed but as a business aren't you looking for a stable currency instead of a volatile one where anything could happen? What if you make a big sale like 2k at once in a mediocre shop and then bitcoin drops by 50% and you lose half that would kill you.
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The best way for a steady income with bitcoin requires either a business or an immense amount of skill in trading cause trading is very difficult obviously. With trading you won't make it steady either but you could atleast put an atleast x amount per week amount.
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I every now and then use bitcoin in my daily life only because we have a nice coffee place here where you can pay with bitcoin. Other then that I don't really use my bitcoin in real life I don't really get the chance too either around here.
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That is easy because I would sell them all right away because why would I still hold on to them if the price is higher the ever, you would be stupid if you did not sell. It would be crazy if it happened but I do not think that it ever will happen.
Indeed it would be dumb to not sell who would take the risk for bitcoin to drop down again and lose all your millions lol. I think it's not possible though, if prices went that high everyone would sell but there would be not enough buying making the price drop again.
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I would say definitely bitcoin is better than paypal is on alot of subjects. For example managing money trough bitcoin is easier and faster and also the amount of freedom is 10x more with bitcoin than with paypal. I'd pick bitcoin over payal anyday, sometimes we are forced to use paypal to buy online stuff.
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I don't see why it wouldn't possible maybe not for you and me but for big business owners ofcourse it is possible. You have to just see bitcoin as fiat cause bitcoin is essentially just a valuta just money so having a lot of it is certainly possible just like having millions of dollars.
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It is useful to borrow bitcoin when you see a chance to make money with the bitcoin you are borrowing to turn it into a lot of profit and if you are sure you can pay back afterwards instantly plus rent. Borrowing money costs money so be careful with it it's a system that makes alot of people get in trouble.
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Since very long ago I stopped using paypal already because of the service and fees. Ebay I have never really used cause it's not so popular in my country either. I rather use bitcoin than paypal when possible so much less hassle and fees that it's very beneficial.
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I also think that buying under 600$ is great opportunity.
This is for sure a great opportunity with the current prices showing that it doesn't drop that easily under 600 anymore. It's probably best to invest right now in bitcoin as we will be seeing prices go up towards the end of the year that's usually what happens every year.
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Long term goals are what fit the profile of bitcoin the best, bitcoin is slowly ricing and with every halving actually getting better. Long term would be best just invest fiat into bitcoin and wait for the values to go up while watches the prices every day to be up to date.
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I am not actively spending my bitcoin cause my bitcoin is what is my investment and I don't want to actively be spending from my investment fund. I do spend bitcoin a very few times but basicly only when I buy something but it's cheaper with bitcoin for example.
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Savings or investment depends on the need of the individual. Savings is good for contingent situations as you can use it for any unforseen circumstances but savings will make your money idle While investment can go two way, either you make profit on the investment or loss.
Indeed but I'd invest anyways if you know what you are doing cause not investing is usually just wasting money by eating the rent from the bank which is close to nothing nowadays in most countries. I'd always pick investing above simply saving.
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I don't spend my bitcoin on real life because for one there are no stores here in real life that accept them or a very few which I didn't see yet. And two my goal is saving as much bitcoin as I can so spending them wouldn't be a good way to do so.
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Bitcoin is not so popular in my country because for some reason they don't really accept it here in europe from what i've seen only UK I have seen alot of shops that are accepting bitcoin as a payment method but other then that i haven't really seen them.
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