These were better options to have, so if you are planning to have an investment the important thing to have is money. For you to have that for your investment plans, is you must save your money coming from a source of income from a profitable job that gives you enough money to save for that business you are dreaming of. It can be online business or in trading of altcoins which is also a part of bitcoin alternatives.
That is right before you do anything like investment then you need to make sure that you have money to invest then if you don't have then saving is one of the option that you need to do to get in touch of investing. Saving money from your source of income is the best to get money. Do sidelines like trading and also signature campaign which can give you enough money to invest.
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As of now, I don't do spending habits with my bitcoin because i am too busy in earning bitcoins and those earnings are just keep in my wallet for long term reasons. I only spend my bitcoin when i need to buy or pay something like my monthly bills which is very convenient for me because i don't need to go to the physical stores or places just to pay.
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
I would find it very hard to believe that by the year 2022 everyone will be using bitcoin. but i also would not be surprised to be wrong, given the remarkable pace at which bitcoin has already advanced. I would say that by 2030 all governments in the world will be holding bitcoin and lightening networks will still allow everyday transactions also. I think it would be very difficult for bitcoin to have users all over the world in the very near future, I doubt even though 10 years to come. bitcoin development takes a long time #IMO Yes it is true that bitcoin developments takes a long time to be done and it will takes at least 2-3 years to make it stable and well built for bitcoin but i think 10 years is very long for that development and i'm sure that 10 years for bitcoin is enough to make the whole word to use bitcoin because of its unique features and cheap prices especially on fees.
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Hello, I would like to ask if anyone knows for a good way to invest Bitcoins? I am very interested in purchasing shares of a startups, something like bnktothefuture, but with lower minimums. I am currently active on BTCjam, but I would like to invest in startups too not just loans. Thanks You can I think to yobit and Poloniex, I said yobit because many coins out there are wavy or swinging most of the time, even how the lots of they called shit or scam coins. its part of the business so carefulness is the best way to apply for us to avoid to earn in this industry. Yobit is a good place to trade altcoins and earn bitcoin because there is a lot of coins to choose from and most of the coins there are manipulated and anytime it can go up. They call it scam coins because most of them didn't know how to play the game and they just trade the trend coins but they don't think that very cheap coins can be manipulated and can give a lot of profit.
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I am sure slowly paper money will be lost and replaced with digital money. currently many countries are trying to implement a digital money and they've got the targets to immediately replace the paper money.
I agree with you, the use of paper money is not very good because of the value that is always down, need to change money, dirty and many other reasons. I'm sure will come a time when paper money is no longer in use and replaced with a new, bitcoin has a great possibility to replace paper money. how can you say that. i think the use of the paper money is still too good and too strong. i think more that 99.9% people are depending on fiat an that is the reason that we can say that bitcoin cannot replace fiat, because bitcoin is very young and that is the reason that fiat is the number one currency of the world. Here I completely agree with you. And I add that most people do not have access to the bitcoin, do not understand and do not know it, and for some, all or bitcoin can even be very heavy. That's for sure. I'm on my parents are watching, they will never use them, and it is only a minimal example. Your parents can use bitcoin if you will just explain it to them. Try explaining it to them in a very simple way like how you explain other things then i believe that they will fully understand how bitcoin works and they will adopt it as soon as possible you explain it to them. There is no risk in using bitcoin so i think there is nothing to worry about for not adopting bitcoin.
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Bitcoin price will go to the moon in this year, from the early year, bitcoin really show a great movement price and stable at a high price and there is no sign that it is going to stop moving, if the etf really approved, then the price will sky rocket again
I agree with you, The price of bitcoin now is currently to the moon and it is stable now at the average of 1000$ and i believe that price will be the average for this whole year and etf can really help for the price to go up even more like bitcoin price will reach the very top of the moon and the other people who are not investing in bitcoin will join our community .
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Big names already invested in bitcoin and i think that is already done a few years ago. Big names comes with big minds because of their experiences on their journey to success. If they saw bitcoin right away then they will invest as soon as possible because they can see bright future for this kind of coin and now we are witnessing it.
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place? I mean cloud mining is a scam but there must be something else we can actually do right?
Honestly speaking, with the current price of BTC now, it is best to just hold your current coins. When BTC is rallying like this, I usually just save my bitcoin and wait for the right time to sell half it to take profit. You can also do some trading but then again, it has its own risks especially when its price is going up like this. In the end, just hold your bitcoin and watch its price to increase in the following days. If you ask me, i would not just hold my bitcoins because of the current price now because if you are smart in bitcoin then you will think about investing it into altcoin trading because they are cheap now and they are just piggy bank where you can put your bitcoins when you think that you don't need to spend it. Just wait for the price of bitcoin to become lower then you can see slowly but surely profits in your altcoin investments.
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I don't think many bitcoin users want their currency to become main. As for sure, we can't even dream about it for next nearest 10 years.
Why do you think bitcoin users won't their currency to become the main one, not only in the market but also in the physical world. Being the main currency for bitcoin is a huge step for being more stable and being strong in the market because more people will use bitcoin as a currency and it will help bitcoin price to become higher and more stable and strong.
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You have to decide NOW how many bitcoins will make you rich in the future because it's getting to the point where an upper middle class American or European can no longer buy a full bitcoin.
Anyone have any ideas how many you'll need to be rich in 2020 and 2025?
There is no require or fixed amount of bitcoin that you needed in order to be rich in 2020 or 2025 because it doesn't matter if you only got 1 bitcoin, the only matters is how can you grow that bitcoin and also save some bitcoin for long term because if you do that two things then it will be easier for you to be rich in 2020 or even earlier.
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Bitcoin is very strong kind of investment because even though it is still young, it already proves a lot of things to the people who are keep doubting about it. Like what is happening now, Back in the past few months, a lot of people said that bitcoin will never touch 1000$ but now it already surpasses that 1000 and now we are getting closer to 1500$ price per each bitcoin. Bitcoin is the best and strongest cryptocurrency now because of the solid support of the community and also the great supports of investors and traders all around the globe.
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That's not the only reason, even they understand about bitcoin, most of them aren't interested at all I tried to explain bitcoin to my friend and he understood, but he wasn't interested till i say bitcoin is a away to earn extra pocket money. In short, teenagers (and most people) don't care much about something unless it could bring profit/advantage Well that is the ticket to get them in earning and using bitcoin. Joining them in the bitcoin community will be great thing and may help to develop bitcoin. Letting them to join bitcoin community like this forum will help them a lot in helping to understand bitcoins much easier because all the basic topics are here and most of those topics are very interested to read and it can helps a lot for them to be a better bitcoin user and avoid mistakes like others did by just reading and applying it on their self.
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I think the only thing that makes bitcoin looks evil is because of its anonymity which the criminals and other bad kind of person take advantage of. But i think it doesn't if a currency or things like bitcoin or paypal had its dark side because other currency also had that kind of characteristic so it is not a big deal in choosing which is better.
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Investing 100k is worth it because the price is continue rising up and i think just after a few years and the price will be doubled and that is a very 200% profit for your investment. But if that 100k is all your money then think twice before risking that very huge amount of cash because not all the times life will be good to you.
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Introducing bitcoin to other people is not hard because you can find all the things you need on the internet and you can simply go to different sites like youtube to watch a simple introduction and also here in bitcoin forum where they can create account and study bitcoin even better.
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Blockchain confirmations is normal to be slow because of the effect of greater users that doing transaction everyday and that is a sign that the network cannot support all the transaction so it makes traffic in the blockchain network but i think that is normal for a currency that is still young and for sure, soon the problem will be fix.
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So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in? It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?
If you have guts and you are a true risk taker then investing or doing cash ins now at the current price of 1250$ is a good idea because you can still make profit for the next few days since it is continue rising up. There still a best option if you want legit profits then that is long term hodling, it needs a lot of time but it is all worth it.
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I think the price of bitcoin would reach 2000$ price for this year because you can see even now that the price is slowly climbing up to 2000$. News like this is a big help for bitcoin to rise even more because people will amaze to this kind of news and they will start getting curious and in the end of the day, they will invest in bitcoin.
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I got only 3 bitcoins left from my wallet because most of my coin are already sold because of the high price and just now i'm waiting for the price to calm down a little bit then i will buy bitcoins again. You know, i'm just doing buy low sell high and i'm happy with my results of doing that. I'm now looking forward for selling that 3 bitcoins left in just wait for the price to dump.
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Bitcoin is the best payment system that i know as of now because it is fast and very cheap compare to the banks or any third parties, I believe that every people deserve to use bitcoin as their payment system because they can save a lot of money,time and also effort because they don't need to go to some places in order to do transactions because they just need internet and computer or even cellphone then they can do transactions easily.
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