Here is a interesting, hypothetical situation. What will you do if there is a MLM scam going on and it is in early stage. It is assuring 10% monthly return in bitcoins (of course it has that referral bonus part as well but it is optional, you don't need referral as you are getting 10% on your investment.). B'cause of it's early stage, people are investing happily and getting returns monthly. In short equation of incoming source money > outgoing money. By looking at situation, let's say this scam/scheme will go on two more year. There are some people who rip benefits from these kind of scams/schemes as they invest very early and in large chunk.
Will you invest in such scheme well before it vanishes with bitcoins/money?
No and never , MLM are only scam . Here the MLM is only the thing where you can see the upper level people are making lots of money but lower are getting into hardwork only . It is just a matter of thing that how did the people will generate money in the MLM business . It is just like the Ponzi scheme of the site that gives the return of 109-200% a month  that is totally scam and the site run continuously until the investment became slow. To be fair with MLM people. I can say that not all MLM business is clearly a scam because most of them are good investment because they have a good product and they offer good opportunity for us to earn a lot of money by just doing networking or recruiting other people to be included in your team and that is why MLM is like a short cut for other people to be rich or get a lot of money so for me it is not clearly a scam for all MLM business because there is still MLM business that are good and worth to try. |
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After I unsuccessfully invested my money in several investment companies and lost money, I no longer invest. So for me it's better to trade
You mean to say invested in some Ponzi schemes? If that is correct, then turn that you will never make any profit from those companies. Instead of investing in these enterprises keep your coins with you, and over the time you can make a profit. You can try to invest your money in some good casino bankrolls then you can grow your money slowly but don't keep all your money in any single site bankroll. It is clear that he stopped investing with those sites and for him it is better to trade rather than investing which i kinda agree because trading is way more secured than investing because you will have the rights for you to control your money and grow it with your own strategy which is the best for a bitcoin user because it is all about freedom. |
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If you buy Bitcoins at a lower price and sell them at a higher price, then you can get rich. You can either trade day by day, or invest in Bitcoins and save them till the price goes up.
Buying Bitcoin in a lower price is good option to get rich but now Bitcoin price is very high and I cant afford now unlike in the early stage of Bitcoin like year 2012 we can buy more Bitcoin. I think buying bitcoin in the low price does not mean you will become rich very easily. you need to do a lot of trade so that you get lucky and get rich on that investment Maybe he means that he buy in low price then hold it after sometimes sell it because the value will rises up. This method is used by a lot of persons who are not so techy or dont have time to trade etc. That means you are doing a long term investment and you have to be smart enough to continue investing bitcoins until you can accumulate a good volume of bitcoins so it will be worth once you cash out in the future. However, things is not only moving in one direction, we have seen how the price of bitcoin dump and people panic, thus it's necessary that you have faith on bitcoin and you will not be easily affected by rumors or FUDS that you sell. Yes I will agree with you that it will be just a "dream" because for use new users of Bitcoin we have missed the greatest chance of use buying Bitcoin at a lower price maybe below 100$ level. With its price right now it is hard to consider that we will become millionaires as if it only reach 2000$ it can only double our investment at best. Which is kinda impossible as of now because we have a low deman or rather a none increasing one. Being rich with bitcoin is not all about the price or getting the chance to buy at the cheapest possible price because i don't agree with that. I only agree that getting rich with bitcoin is all about being good at exploring on the things that can help us to earn money fast like doing investment,trading and other kind of source of income and with that we could possibly be rich with bitcoin even though we didn't buy at the lower price. |
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Outside have a job in the real world we can get some income with signatures, and with the signatures we can invest at trading or who knows start a faucet or some personal project. Exchanges, casinos and dice are the best source of income if you have time and money you can try build your own project.
actually you just need to get a job at a real job to get a steady income as an employee but I'm sure it will not be enough for you. so bitcoin will provide a nice extra income for you I agree with you. Bitcoin will give you an EXTRA INCOME. Stable job will do give you a steady income, have it and sure you gonna be happy. Aside from having an extra from bitcoin. Only your daily job or business can give you steady income. Most of us have one and for those who dont they can try some freelancing as well and offering services in the forum for bitcoin/fiat payments. Trading in bitcoin is a good source of income but its not steady and not always you can get enough margin to gain profits. Signature campaigns are steady income but the income is low - however I still like them. You can earn steady income without daily job or business, but how? By doing investment in different site. Yes there is a lot of investment site that are legit and stable and they almost give same percentage of earning. So if you are planning to have steady income then you should invest in different investment site and don't forget to diversify your money to avoid having high risk of losing money. |
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Yeah its never smart idea to buy when price is high as it will kill your profits and its always good to buy when price drops and sell them when price goes higher and that is the best way to make profits and most of the traders are making profits in the same way.
That's everyone thinking about profit, buy at low price and sell at high price. But, the hard thing is when the best time to buy and sell. Because, I have seen everyday got trapped by market and loss their money with blindly to buy without thinking about the future. Most people only thing that buy at low price is very profitable if they sell at high price, but at reality they bought coin at low price but the price keep go down, they buy without any prediction the price will go up again or keep down. Yes that is one of the common problem of traders and especially newbies because they just keep buying cheap coins that is very low on the price but they didn't know that they are just buying shit coins because they didn't check the forum or thread to check if the team is still active or it is a legit or scam. If traders will continue to do that then there will no good results to happen. |
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there was a time i actually thought bitcoin could actually pull it off and become an international currency and everybody could freely talk about it and so forth
but imo i think its a complimentary currency that will support any other national currency where its not deemed illegal.
Yeah , earlier I was also thinking that the bitcoin will jump and reach to that peak of the world where no one other currency Fiat of money will came against it or will be comparable . But currently my thinking totally got reverse it is because recently a news came for me and my country that the bitcoin is got declare as illegal in India where I live , so now I think I will got leave my all job with bitcoin . And as the bitcoin Became illegal in my country so I don't think that it will became a international currency now . That is the same thing what other countries are facing as of now. Bitcoin is banned or illegal in other country because they think that bitcoin is a bad instrument or currency for their country mostly because it is not controllable and it is anonymous so it will be hard for them to track down the abusers of bitcoin but i think after a few years they will find out a solution for that and embrace bitcoin as an another currency and soon it will become a legit international and accepted by other countries. |
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What are the features that a good investor should have?
He should be optimistic on what he is investing, because if he thinks about negativity that can have a bad impact to his investment. Yes that true if someone investing that have negatives thoughts i think that person wasting her/his time and money. Because investing you need have positive thoughts because many person now take risk they succeeded in life. Yes that is true having positive thoughts in the investment that you are doing is a good sign that you are investing with a good site because if you are experiencing bad results and bad experience with the site then it means that you are investing with the wrong one and the more you think negative with the investment then the more it will happen so be positive thinker and be risk taker because that is how you will get money from your money and you will be a rich person. |
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I ask you a question, why does gold have value? Because over time it was socially accepted that gold for n reasons had some value and when it is traded at a price that the seller wants to sell and the buyer wants to buy it is there its value. Bitcoin has this value because people believe it has value, simply that. If everyone thinks equal to who told you that he has no value, he really will not have it.
Yes,just like gold has value based on the customer demand and price they are ready to pay for it,similarly bitcoin has its value based on investors support.Greater the demand and lesser the supply,it results in increase in price. Yes that is correct we need a lot of demand to make the bitcoin price high because that is the only key for making the price climb up to the moon. Bitcoin is the digital gold version and it proves a lot of things that it makes bitcoin very valuable like it is volatile and commonly price increasing every year and that is what is good for investor and that is why it attracts a lot of people to invest. |
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Dont invest in mining farms.Since you have large amount of money,you can just buy bitcoins and hold it for one or two years and it would certainly give you a heavy return.Dont ever go towards altcoins since most of them are just pump and dump coins.
You cannot tell what will be the future of a certain investors, we all have our capabilities and it might be hard for you the things that you do not recommend but if others has the capacity to do it then they should go. I think investing in altcoins can give better results but only if you are knowledgeable enough, we need intelligence when we invest. I agree investing in bitcoin and hold for 1 year and wait the price to increase before you sell make profit but no one knows what will happen in future if bitcoin is still alive or not in the next year. I also agree in buying altcoin this one help to us to grow our bitcoin you can altcoin with cheap price and then sell it when the price increase. But we some research before investing in anything. Bitcoin is really a good investment and holding it for at least 1 year is a good term because based on the price charts, just after a few months the bitcoin starts climbing up and it is a sign that 1 year will give you a great chance in earning big amount of profits but you can also do investing in altcoin to minimize your chance of losing money in bitcoin. Invest in both to get lower risk. |
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I used to beat the bitcoins for the future and did not spend it. But then something happened in my mind and I almost all bitcoins invested in different projects. Just for this it was necessary to mature morally
It's not bad if you aren't going to spend any of your bitcoin and just keep on holding it for your future. You mean to say that you almost spend all your bitcoins with different projects? It's good that you did diversify your bitcoins and you are doing something for your growth which is helping the economy of bitcoin. Spending bitcoin is really good if you are spending it on investment like ICO projects of an altcoin or what so ever. Spending bitcoin is really helping the circulation of the supply since it is been spent and put in the market. |
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why so many people store their bitcoin in their wallet for a long time, whether the benefits will they get?
Come share your thoughts
for me they are just keeping it and waiting for the right time to convert or trade it. Especially if the rate of BTC is high. That will only be a good plan if you are specific with it, we have different perception on a high price but you need to ensure that you will make a right plan to sell when you the price hit at the specific figure. You know what, this is the common problem of long term investors, they always seek for a high price until such time they will miss the time to sell and get frustrated. Yes that is the common problem with long term investors they didn't have specific price for their sell offs and they just plan to hold their coin and expect everytime that the price will go even higher even it reaches its ATH price. If you are a long term trader make sure that you have a specific target price so you can avoid frustration and also regretting your move. |
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I think BTC is the upcoming trend. It will get even more viral than now. Think that the blackmarket is going to work with BTC.
The black market is already working with bitcoin and some of them are starting to accept and use bitcoin. If I'm right, they are one of the biggest contributor of the demand of bitcoin. Because they are enjoying the anonymity of this crypto which is helpful and good for their transactions that no one can track them. Because bitcoin is not regulated they all have the freedom to use it in their business, illegal business is always possible in bitcoin as we can even do gambling in a site without a license. That's how it works here and the more people who are interested in using bitcoin it will bring a healthy market for us. But it is not much people that really believe in bitcoin although the current price is $1k. Most of them are still believe in fiat because of government not take this into serious matter. Some of them only take this lightly and never believe what will happen if they can control the market of bitcoin. I think the price will hit $2k at the end of this year I also believed that the price will reach at least $2,000 because even though the price of bitcoin now gets lower, it is still alright because that is a blessing to grab and just buy the dump and keep it and sell it after the pump and you will earn profit easily. I think the bad feedbacks for Bicoin Unlimited will help Bitcoin to get in touch in almost $1,500 |
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The dollar is used for criminal activities because the dollar is an internationnal currency wich everyone use to sell/Trade ect internationnally. So yep the dollar is part of this crimminal activity, but it's surely not the only one.... and can't be blamed for this either...
is not only the dollar but all currencies fiat. I think all currency it is used for illegal activities.. see every country must have the mafia ? All of the fiat or even the cryptocurrency are being used or can be used in doing illegal activities because they are money and money can be use everywhere and especially in bitcoin because of its anonymity feature then it is being abused by the criminals and using it as another layer of their security and that is how the image of bitcoin is getting worse just because of the criminals. |
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There are trusted companies which are operating for a long time, some of them shown awards to prove that they are legit. Well, there's a lot of ways on how you can invest your money just choose the best for you. And always remember the risk so be careful.
He got 2 million us dollar cash and you just like trying to suggest to put it on a trusted companies? How can you say that they are trusted? Because they last for at least a year? Is that your standards? In my opinion, putting that 2 million us dollars in companies online is very risky because you can't assure that it will work and you can't assure also that you can earn profits. |
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bitcoin actually also has a great potential in the future. see the gold reserves in the world have limits and will continue to decrease each year. Imagine the price of gold when gold reserves have been exhausted?
According to forecasts, gold reserves will end in about 20 years. Thus, investing in gold can still be accumulated to get a good profit in old age. At this time, for faster profits, it is more profitable to invest in bitcoin. Investing in bitcoin first is a good move because it will help you to grow your money faster than gold and just after a few years, you will be able to at least times 3 of your capital and you can now invest the some of your profit into gold for some secured investment that might help you after the bitcoin is gone. |
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I would like to know if anyone of you earns 0.1 BTC per week or even more? Is this possible and what is best way to earn it? Your experiences, suggestions and advices are very welcomed.
This will depend on you, due to the only things where you can gain it was doing trade only in the platform. Or if your in a hurry and you think your really lucky person or had a strong vibration you can go to gambling where you can be an instant millionaire. But too risky to do it  Getting money from gambling is very fast as well as getting your money lost. If you are a true risk take and also a true money waster then gambling will suit for your need sir. But if you want to play a little bit safer than gambling then trading altcoins or bitcoin is one of the options that you may like because it is just about time, discipline and patience. |
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There is a difference between trading and investing in trading you can have control on your funds and you can take decision according to your wish where as in investing you are depending on others to make profits so basically you cannot have control on your own funds.
The real difference between trading and investment is how you make decisions, when investing you just put your money for a specific amount of time and if you are lucky you get profit, trading you are in control of how you earn you just have to look at the market and find out when the price is going to rise and exchange when it is. You are wrong if you said that investment is based on luck because there is no luck in it but it is fully profitable, it is just matter of time when you got huge or small profit. Because this is business, everyone want to get profit including bankers. Mean while if trading you need yo take control of market itself to get good profit which is noy much people can do this exactly. Most of them only know basic strategy which is buy low and sell high But for me I will do both instead of choosing one of them which that I need to do Investments can be based on luck because most if you are lazy person and you just want to find investment site and then put your money then we can consider that investment is based on lucks but it will become 'not' based on luck if we do good research before investing on the investment site because almost of the informations can be found in the internet we just need to be patient. |
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In some countries, Bitcoin is still unfamiliar to people especially people who are not tech savvy. Once they heard that it has an incredible price, it could either go both ways, they will like it or not. It's just the person how he will react.
bitcoin probably will remain popular because there are still many users who liked the price stable. because they think it will be much safer. and of course a lot of people will not be afraid to adopt bitcoin If bitcoin is stable then more people will adapting bitcoin for business, more local shop will accepting bitcoin because they can calculate their profit, if bitcoin price is unstable then it will be good for trading, so no matter what is happening bitcoin will be popular I agree. With bitcoin stability, one can not get a good profit on short-term investments during a panic. It seems to me that instability for bitcoin is even better. So you can allocate funds for investing in a stable currency (gold) and a quick-yielding currency (bitcoin). Instability is not good or even better for bitcoin because of instability it scares other possible investor because they seem that bitcoin is very risky but if the bitcoin price will be stable then it will be a good sign for possible investor to go all out because they will see bitcoin just like gold that is stable and after years it always going up. |
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Yes you can earn money in forex trading because it is just like trading bitcoin or altcoin because you will just buy and sell a particular currency but the advantage of forex trading is, it's stable and it can't be manipulated and you can predict well if you love reading news or updates about the economy of the particular coin. Forex trading is more like into traders who got experience and also patience in studying the market everyday.
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Satoshi nakamoto will be richer than bill gates if the price of bitcoin will reach at least $100,000 and then if he sells all his bitcoin and then he will be richer than bill gates, Based on my estimation. But to be honest, it is impossible to get richer than bill gates because bill gates earn money every second without doing nothing and that is the key why he is so far from other rich people.
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