My predictions about Bitcoin will be it will survive in the near future since the technology now days are getting faster making the demand for faster transaction and way to do things will be more in demand. Having Bitcoin now is a sign that the digital age where each individual will have at least 4-7 devices with them giving more opportunities for companies to transact online making online currency demand more appealing to everyone. Even economists are also thinking of the same. Imagine years before our only fastest way to compute is by using a single computer that is a size of a bus but now our devices like our mobile phone is much faster. More technological advancement will pave way into the future that will also affect the Bitcoin.
|
|
|
If you should just hold onto your Bitcoin and never let it go will be it will depend on the person who owns that Bitcoin. Because since Bitcoins are getting more popular there will still be times that some will try to see if they can sell it right away to get rich with cash or if they need an immediate cash to be used for an emergency. But its also a good strategy to hold on to your bitcoins and just let it increase more in price since the projected price or ceiling of bitcoin will be up to $10,000 many people will take advantage of it and currently as talks about Bitcoin is getting louder a lot of people choose to watch how the market will work on their favor.
|
|
|
About investing in casino’s there are two possible answer that I can think off, one is the investment for the casino business and the other is investing by playing. For investing in a casino business you can go and talk to anyone who is willing to support you while giving you heads up about the business itself which is usually trained in hotel and restaurant management or the people who already have experience manning or managing a casino. And the other one is by playing for me I don’t really know if playing can be called investing because its already a form of gambling but either one of this two choices it still depends on the person and of course like the game it also depends on luck.
|
|
|
For me both, but there are people who prefer trading for investing and some investing over trading, for me investing will be much more appealing since I don’t need to do much and will just watch and monitor how my investment will do. I don’t usually invest to anything without doing some background check first that sometimes lasts for months. But once I gathered all the data I need then my final decision on putting my money on a certain investment will be decided.
|
|
|
Start up trading with a very small amount or a start up amount is easy, there are some investment firms which offers a low fee or start up package that sometimes only amounts for at least $100. Like the local stockbroker which you only need to pay $100 to start investing in the stock market. There are other ways as well if stock market investments doesn’t suit your trading taste and that is investing on a business venture by other parties or group who are looking for investors. Or if you want to put up a franchise in your area that you will personally manage.
|
|
|
My first experience with Bitcoin when I first stared is at first after getting some satoshi which is a small denomination of Bitcoin is I do not know where I can use it, since it’s a digital currency maybe I can only trade and use it online and will still require me to use real cash for other purchases. But my expectations widen after I started to read and trade with Bitcoin like in a known shop here in our country which they have started to accept Bitcoins as payment. At first I was hesitant in using Bitcoin since I don’t know if they really accept Bitcoin payments but they did! Increasing my Bitcoin now has became one of my financial future goal and hopefully I can buy a car or a house with Bitcoins.
|
|
|
In my personal opinion about the difference and importance between Gold and Bitcoin and have given a chance to choose between the two I probably choose Gold over Bitcoin, since gold is the only currency recognized by man even during ancient times up to now which values and importance never fades. And the good thing about Gold is that you can trade it anywhere and it will be immediately recognized by the people unlike Bitcoins which only limits to people who have devices and electricity to be able to trade with bitcoins.
|
|
|
For me Bitcoin is a bit better than Paypal, Im using both so I can tell about their advantages and disadvantages. My main reason why Bitcoin is a bit better is because Paypal charges a lot when sending to someone. An example of it is before when a friend of mine sent me 500PHP (Philippine Pesos) or at least $10 in the current exchange instead of me receiving the whole amount I m only able to receive almost $8. Loosing more than $1 as a processing fee. But on bitcoin if I sent $10 worth of bits to someone I will only receive a very small charge for transferring (depending on your wallet service provider, ). So for me, yeah! Bitcoin is much Better than Paypal.
|
|
|
In honest opinion Bitcoin can improve or should I say affect a nations economy, since bitcoin is slowly getting more popular not just to individual persons but also to private companies and corporations. Companies have already taken notice of the advantages of using bitcoins which is a digital currency to trade or transact reaching more customers or would be customers. Giving both the convenience of trading without experiencing the hassle of going through the bank.
|
|
|
To be honest, as of now I still don't have that much knowledge about Bitcoin. As far as I can remember, the word "Bitcoin" caught my attention when I was browsing in a social media feeds. It just so happened that I was looking for a home based job that time. So I've joined every groups that posts home based jobs. I sent private messages on random people on how to earn money by just using the internet. That is the time that some of those people offered me to register on some claiming sites wherein by clicking ads I will be able to earn Bitcoins. Then I was so curious. My curiosity led me to ask them, "What is Bitcoin, by the way?". They told me that it is an online currency which I can convert into our country's currency. And I was so surprised! Just by clicking ads or solving captchas those sites will give me bitcoins. I became very excited to join every groups. I was so eager to register in some Bitcoin claiming sites. Until I received my first payout. It is not that big but glad to know that some of those I tried is real. Since then, I keep every bitcoin I earn then converts it into money. Then I discovered this forum. I can say that as of the moment, Bitcoin is good for those person that wants extra income while in the comfort of their homes.
|
|
|
I gamble just for fun when I'm bored. While gambling is designed for profit, I take gambling as a way to unwind and relax. I don't gamble for living because it will just frustrate me because I am after all not good at that kind of activity. If i win money in gambling, then that would definitely double the fun. If I lose, then at least I had fun right? I treat my loses as my payment for the fun I experienced. Gamble if you can afford to lose without a question.
|
|
|
I have two strategies, one for the short term and another one for the long term. For the long term, my strategy is to Buy and Hold. I will buy and then forget about it, maybe go back to it again after how many years and see how is it going. For the short term, I buy low and sell high. Wait for the price to come down, buy it, and then sell when it goes up. But of course, long term investment needs expertise in fundamental analysis and short term investment needs expertise in technical analysis.
|
|
|
Obviously, it could not guarantee to help you in your finances because while you can win the game, it is also possible that you may lose. The only aspect where gambling can help people in life is I think it will develop your skills in making strategy which eventually can develop your decision making in life. After all, life is like gambling, right?
|
|
|
Of course I feel great, well, who doesn't? I feel like the Universe has conspired to give me favor just to win the game. It's such an overwhelming feeling to win in gambling, I feel a sense of accomplishment and I think I am successful every time I grow my money on gambling. That is why you can't blame people who are addicted to gambling, they have all the reasons in the world why they gamble for fun.
|
|
|
Set a goal! I think it's the most effective way to control greed. When you set the goal, make sure you stick to your goal. Let's say, you decide to win an amount for that day, stick to that goal, even though if you're feeling lucky and excited, once you reach the amount you set for the goal, it's time to stop. Whatever it is, just stop, go home and set another goal for the next day. That way, you have your full control over greed.
|
|
|
It does make sense for people who are conservative when it comes to investment. But for those who are risk takers, investing in small amount is kind of not attractive. You know very well that small investments lead to small return of investment, big investments lead to big return of investment. But of course, it does not guarantee returns, so for conservative type of investors, it's not bad to start investing small.
|
|
|
Don't rely on one source of income. Make as many as possible. Try to find your passion and do something to earn money out of it. There are a lot of online opportunities that you can do outside work, so it is one of the best avenue to earn more money for yourself. Investing in cryptocurrencies like Bitcoin or stock market can give you return without doing that much.
|
|
|
My prediction is it will be our future currency. One day, we will be all shopping without the need of money. You only need your Bitcoin wallet with some bitcoins stored on it and then buy and go shopping by just using your phone. Also, the value of bitcoin will continue to soar high and it will become a primary need of people, just like money, yes, exactly like money. With the advent of technology, it is very much possible.
|
|
|
It is better to save money and invest it. Yes, you need to have money for savings and you need to have money for investment. It's very important to diversify your money and put it into different purposes etc... expenses, savings, investment and shopping. That is why you must have money for savings, and for investment. You need to have both of them.
|
|
|
The obvious answer is to start trading using the minimum investment required. You don't need to put all your money on it. Set a specific amount so you can test the water first. Also, there are trading brokers that offer small amount of investment to start with, that's a good way to start. You can look for it online or from any resources available. Some trading companies sell trading software at a very hefty price, so you may need to learn the technicalities so you can trade manually without investing on some softwares and whatnot.
|
|
|
|