U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .
i think you should set a limit for yourself and when you reach to that limit then you should convert these bitgoins into your fia currency. sell bitcoin only when the price is rise, circulation of bitcoin is needed to make the price more stable. Although the best thing is use bitcoin to buy goods. So the bitcoin price will keep rise against fiat.
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My strategy is very simple buy and hold, it is not the one with the best earnings ratio but it is very easy to execute, if there is a big rise in price I will sell a small portion of my bitcoin like 10% and wait for a decrease in price, that way I keep accumulating more and more bitcoin.
why do not you sell it all, would not it be more profitable? because you can buy it back when the price falls. yeah every user has a different strategy, I respect your strategy dude Yes, you two are have good strategy. My strategy is simple just sell bitcoin when the price is rise. So I can avoid suffer of financial lost.
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My plan is to be rich, not poor, I hate poverty. I'm trying to spend all the time I have to work. I can do what I want to do when I have money.
Same with you dude my plan is to become rich and to save more money but we can't do that if we just rely on our salary/work because it will take decades if we do that. I suggest just try some business it will need a capital,commitment and effort also in that way you can be rich. I want to be rich too, my plan to realize it is by earn money as much as I can, then I will use it to get into college. I am sure that if I am smarter my life could be better too. I have some btc as investment so I am sure that I can realize it.
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For me the best source of bitcoin nowadays is selling digital goods that can be benefited towards your costumer.As of now majority of my earning is in selling digital goods and it gives me nice profit in return.The other way source of bitcoin are trading,gambling and signature campaign and investing on ICO but this is risky you can lose your money here.
Thats good idea, sometime we have to think out of the box. Bitcoin is such as currency we could get it in the same way as getting paper money. Also build our own business is good for our future.
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I'm sure the group in china that control bitcoin, we all know the price of bitcoin looks easy to control so I'm sure there is a large community that benefited and could dump of bitcoin prices.
More than 70% of bitcoin transaction is traded using yuan. Two things that can make the group in china can not control bitcoin again is the circulation and deployment of bitcoin.
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More options indeed possible but I think that trading is a good one and maybe some sig campaigns are also a smart thing to do.
Signature campaign is good steady income. if we have any good skill, we can use it to earn bitcoin. For example create service business that gives to customer the option of bitcoin as payment method.
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Paper money is normal a good pay method but everything is indeed getting more digital and due to that we can say that it will disappear in about 20 years from now without any doubts.
yeah something obsolete will be replaced with something new, more sophisticated, I know that paper money is very easy to use, but the digital money will be easier and will replace it in the future I agree, thats because bitcoin is better than fiat. For me bitcoin is as worth as gold. Some people is get saturated of using fiat then they convert it into gold or bitcoin. Bitcoin brings so many adavntage for us such no inflation.
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the volatility is a problem.
The increasing transaction queue size is a problem.
The world does not understand the algorithm is a problem.
The thousands of other alt coins is a problem.
You thinking about a lot of problem friend. Let's think in other side that could be possitive. Volatility gives the the trader chance to get high profit. Thousands of altcoin proof that the advance of technology is good. I don't really understand about transaction queue size and alghorithm, just find the possitve side by your self.
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No I do not think that this can happen if I have to be honest, banks are too powerful and can even maybe let the bitcoin disappear.
I also have my doubts about that, banks are having more power and are mostly even controlled partly by the government. Bank will get seriouse problem if they not cooperate with bitcoin, bank will lose so many income from Fintech industry. Probably it is really hard for bitcoin to make bank dissapear, but I think step by step bank usage will be reduced.
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Hello,
I want to as is it possible to buy bitcoins by paypal and don't get ban from them?
I have to charge my faucet but I don't have bitcoins to do it and I stuck ;/
Of course you can. There some place that you can buy bitcoin using paypal, but you have to be carefull because there are a scam in some place. I only know one place that secure one, namely virwox.
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Hi,
I have 5000€ to invest in crypto.
What do you think for buy 5K€ in BTC for the halving, or buy stuff for minning ETH and other crypto?
Thank to all investissor!
You can join an ICO, some of altcoin price is rise until 3 times when it get in the exchanger site. So you will have big chance to grow your money.
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simple, join sign campaign, you make more money from campaign, you can earn Bitcoins from investments and business, Please use the talents and wisdom of you to do it
There are many ways to increase your btc apart from investment,offer an advertising service in online with btc as your payment option, there are many people out there who needs advertising for their site, are else sell your good for btc, another way is through trading. I agree, we can use our skill to increase our amount of bitcoin. Selling goods is the best way because no limited income in it. Also being a boss is better than being employe, isn't it?
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There are so many way to invest your bitcoin such as trading, HYIP, minning or create your own start up business, but I think trading is the best way.
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anyone with a clue would know that fiat is a scam. but until a viable alternative exists we are still stuck with fiat. if it would be bitcoin then thats good enough for me. if not then there must be some other coin to fill that need
Yes, using fiat is not really good for us, because the government can do endless printing of fiat, then the value is automaticaly decrease becouse of inflation. I prefer like to use bitcoin and gold as currency.
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Of course we shouldn't yet many people still turst them
More than half the world's population to serve the banking system of all countries. Probably, this dependence will not be lost than ever. Although almost people in the world likes bank system, but I do not. I saw so many people who borrow money from bank is really have bad life. The bank interest make them hard to pay their debt. Banking system only make some people to monopolize our money.
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I think it is depend on your skill. Just use your skill to make bitcoin. I believe that every skill can be use to earn btc. If what you mean is the way that related with bitcoin world, I think the best way is trading.
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Unfortunately I think it was after mid of 2016 but damn I wish I had started using it in 2009 if that was its first year. I think early investors and who stuck with it now have smiles on the faces that is ear to ear wide. But as they say, better late than never.
I the same with you, I begin using bitcoin in 2016 but I am forget the what month is it. I really wish that I can turn back time then use bitcoin earlier, I am sure that I could be rich.
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You should invest your bitcoin in HYIP. Although almost of HYIP will turned into a scam but we can gain progit from HYIP before it turned into scam. Just invest your btc in 10 HYIP so if 3 of them turned into scam in 2 month, 4 of them in 3 month and 3 of them in 1 year, you will still get profit from your investment. Just invest as many as you ready to lose.
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Mainly for investment, a few days ago the bitcoin was at the same price as gold. A virtual coin the same price as physical gold. This small demonstration reveals what the future will be, bitcoin could be the salvation of the economy. Why i'm going to kill myself working, when you can generate enough money from your house?
Yes I am agree with you. So many great people said that bitcoin future will be good. Although the price is fall now, but it is a good chance to buy bitcoin in cheaper price. I the same with you, buy bitcoin for an investment.
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If Bitcoin goes up very high should i buy a house?
Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.
Just buy it, because house is an investment based on property. The price of the house is increase everytime such us bitcoin, but you have to choose the house that in strategic place. If you have so many bitcoin you can buy anything.
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