this time I tried to organize my finances, but might need me more than my income, or maybe my expenses are more than income, but now I try to apply to manage finances according to my friend, is using 30% of income to meet the needs and save 70% of income for a business opportunity in the future, I think it would work
Saving 70% of your salary is too high. 30% is enough for saving. You need to eat too and some clothing, medicines and shelter. You must not sacrifice those in order to save or else you will be sickly and you will just be spending your savings in the hospital. You have a point, saving up too much and compromising your needs would be useless because you would be sickly in that situation same as other said. Therefore your saving would definitely go to the medicines you would take. 10%-20% savings would be decent without compromising anything. |
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I'll accept bitcoin as my salary when we can spend/use bitcoin for daily usage directly or at least bitcoin has stable price, also, if we also talking about salary for online jobs, i'd accept and very like if my salary receive use bitcoin
I would do the same thing, if bitcoin price would be stable then i would accept it as my salary but for now in the situation of bitcoins price i would say no because its volatility its risky if you decide to recieve bitcoin as a salary because your salary would depend on the price of bitcoin. |
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I remember when I was still a kid, I did that when I have to buy a toy, and after buying the toy, I regret it... But this days, I still have a piggy bank, but I am preparing it for something else...
But you're not a kid anymore and I think we have the same attitude even until now. If I'm buying something I regret it after buying that's why I'm not buying anything now until I really want it for real. And I'm going to use my savings if I am really desperate in need for money. Or if not I'm going to ask my parents for money. Yeah I know, I'm not a kid anymore, but that attitude still remain in me, keeping my coins specially the change from the supermarkets, sometimes in one year I keep almost more than one jar of coins... But that's true, when I am really in need and my salary was still days away, I sometimes pick some of those coins for my daily fare on the bus...  It really depends on us on how we handle such situations when we are experiencing shortage of money and our salary was still far. Its up to us on searching on alternative ways no matter how small it is as long it would definitely help us in emergency situations. Picking up some coins isnt bad at all because its not wrong to pick coins that are being left in the bus i guess. haha |
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Honestly i am not gamble daily in dice game its just sometimes if i have some time to past time..
I think 30minutes to 2 hours depends how long my capital will alive in the game..
lol you even thought your capital won't survive play dice , so why you still play? it's an addiction. the game like dice with instant outcome wouldn't give you a long time enough to play , you would lured to bet doubled and tripled once you given a win . you can expect 3 minutes playing if you are betting on 20% stake. or within 1 hour if you bet smaller. Its for sure its an addiction since you already know what would happen in the end of losing all your money. No matter how huge is your bank roll even you have 1 btc if you bet and setting the odds to 10% winning rate you would probably lose those money without reaching 5 sec i guess. |
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In trading you can have a bit of an edge as trading is related more in the news of the market which if you know how to read them right you may have an edge against the house. Gambling usually is based on pure luck in the majority of its games and very few games involve skill like poker. I would say they are almost the same as with both of them most of the people lose money anyway.
You are right. You can actively research the coins you are trading so you can make the right decisions in your trading. While in gambling, there is no choice but to rely on your luck. It is more profitable in trading because you can use your luck and the knowledge and skills you have to make good money. Trading is a way better than gambling even both have the risk on losing all your money but in trading you could lessen the risk by having a research on market or even to the news or developer things of a certain coins if you saw that it has a potential then its the best idea to buy on that state. |
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i think yes it can if all the people stop using banks and use wallet for their money i think bank will disappear.
That's too much of a dream and "if"... Not all are into using bitcoin and if that would happen it will take more than this lifetime... One thing is for sure, bitcoin will be living along with banks and we can't convince all the people to use bitcoin alone...  Yes, bitcoin can go along together with banks or maybe they can collaborate together and banks accept bitcoin. I think bitcoin can't make banks disappear. Yeah, I also think bitcoin bank can not make disappear. Because we know the bitcoin system is still relatively new and different with the banks that have begun the system decades ago. But the possibility is always there. And banks accept bitcoin I would not think so, because if bitcoin bank accepted then there will be interference from the government. thanks we have the same though no matter how bitcoin would be developed in the future but its impossible for them to make the banks disappear since banks are just storage of paper currency/fiat and doesnt control the the fiat itself. Its also an impossible thing that bitcoin would be included in the bank as others said they would be an interference with its government of a certain country. |
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Try increasing the invested capital to increase profits.
Well we can't force someone if that is the only amount he has for investing. And of course not all investments are going to be on get amount immediately. And that is a good amount for starting so that if ever you are not going to be successful at your first investment then you afford to lose that amount and you are not going to feel sorry about it. Every investment has the risk on losing your money invested but you could lessen the risk if you study it properly or even researched on the important things to consider before you jump in on a certain investment. $100 is isnt bad as a starting capital because you would gain some profit out of it if you play smart but remember you are already risking your money and be ready what things would happen next. |
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Is their any safe methods to gamble? Means without losing much of our money can gamble?
Any tips or suggestions?
I think you can try play gambling on bitvest, because on there you become player or investor gambling. There are options on there and you can manage risk of lost on there. Manage risk of lost can be done on all sites, not only on bitvest. It depends on yourself how to manage it, not on where you play gambling. The question is, how to manage the risk of lost you know to suggest OP because he is asking for tips or suggestions? Oh for manage risk of lost, i always played gambling with can lost it. And i just played gambling with low bet because it is just for fun not for active income. Just play for fun because gambling is only for the smart people if you are planning to gamble for money, the safest way is just to have fun in gambling and do not mind your loses as that is just part of gambling. You lose today and win tomorrow but in the end the house still wins. I think that defies to each our own perspective some may play for fun some may play for desperate moves some may play for no reason at all some may play because its business. anyways we are experienced players and i think we can know what to do next time. Exactl, people have different perspective or motive when they are intend to play gambling, as you said some may play for entertainment some for profit some for nothing. They are really different but one things for sure gambling is a risky thing to lose all your money even how you treat it. |
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You should know your limits on spending, there should be a balance between what your wants and needs.Money don't come easily you just have to work hard for it before you have it.And just by saving money invest it and some save it on the bank,for realization today money really matters for those who really need money,focus on your goal if now your on the peak of getting a good income .
I think to save you should be able to share the needs and desires properly. I do not agree if you divide it with balance. you should prioritize your needs rather than desires. Do not buy too many needs and desires. because of course you're going to get it wasteful and futile. you have to be clever in saving He actually said that you must balance the wants and needs and he doesnt say that he would always buy those things. He have a point money doesnt come easily you would need to work hard for it in able to gain money. Saving is really important for future purposes and in your goals. |
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Hi all,
I am doing some research for a Bitcoin company that is interested with developing a hardware wallet to see if it has a viable market. Trezor has some traction, but perhaps only in the existing Bitcoin community. With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets? Interested to hear your thoughts.
Hardware wallet is best if you want to store your coins safely but unless someone has more than 5-10 bitcoins,buying a hardware wallet is not feasible There are some potential risks if you buy a hardware wallet, such as losing it or even someone stole it. Both online and hardware wallet have potential risk of losing your bitcoin into it. Just put up to your mind the most important things to consider to be kept on a safe place like passwords,keys so that incase your account would be lost you can retrieve it. But to be hoenst at least about hardware wallets you can ensure that they do not become hacked and you have more control you have a point but remember hardware wallet have also risk on losing your bitcoins it might be lost or corrupted and theres nothing you can do about it. Agree you have your control on your bitcoin when its in a hardware wallet just make it sure that it is kept in a secure place. That could be happen if you are lame enough upon handling your hardwares but if you really placed it on secured area well you can make sure your btc is safe but those hard wallets are for people who holds lots of thousand,millions of btc or company that needed to be secured their btc since it was an ideal place for them where they can kept securely their btc and i think blockchain wallet is enough for people who do regular daily transaction. Hardware wallet would be very useful for those who hold large amounts of bitcoins as you also said, they can keep them in a secure place without any harm to those coins. For me having a huge amount in online wallet would be risky i guess rahter than putting up in on a hardware wallet. |
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All those FUDsters that where saying year ago how Bitcoin would fail because another currency would take over get proven wrong year after year. The more time Bticoin is alive, the stronger it gets and the bigger the network effect. Sorry but there will not be a Bitcoin 2.0. Bitcoin will go to 100k+ per coin in the next 5 to 10 years, it will absorb all the value researched in the field if not directly through protocol improvements then through sidechains.
Bitcoin will remain the only solid coin. The only coin that survived for the longest time (other coins can't claim this unless they invent a time machine).
There will be alts that pump really hard and make people millionaires, but no alt is going to surpass Bitcoin's strength and solidity. No coin will get a bigger marketcap. In the long term people holding 21+ BTC will be rewarded by history with rich-tier status for seeing the value in it before most people did. Do not let the FUDsters trick your mind or the trolls try to derrail the excellent job being done by Core devs.
Let's continue then our path towards inevitable triumph.
You are right.No altcoin can compete with bitcoin and btc will stay strong and grow. All the other cryptocurrencies exist because of bitcoin and without btc,they won`t survive. I don`t care about the "FUDsters". history thought me one lesson. things change. sometimes fast and sometimes slowly, but eventually they change. they do not have to, but it is not clever to assume that they never will. if the development of bitcoin takes a bad turn, then the community will very fast find an alternative to bitcoin. Correct, even bitcoin developed perfectly and no one can compete with it even how many altcoins existing almost every week or month . We wont know what would happen in the future maybe bitcoin would be very succesful or would experience a big problem or changes in the future. As we all know that people would definitely find an alternative way when the times that bitcoin would have a very big problem. |
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I'm sure all bitcoin user will said bitcoin is worth to them. Bitcoin is like real money for me, i can buy anything with it and pay something with bitcoin. It's same as fiat.
Yes certainly, we are here because we know that its worth it. It worth the time we make on earning and investing with bitcoin. As we know that we benefited from bitcoin. It is, as you said, it is indeed a money. It could do what money can do only the difference is that you cannot actually hold it. But I think having bitcoin is much safer compare to a real money. Its all about bitcoin thats why we are here in this forum in able to gain those bitcoin, as we believe bitcoin is money and no one hates money because its really useful for us in order to survive to buy our own needs and bitcoin is very helpful in many ways on how it give convenience to us. |
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it is very easy job women can easily be convince they just need some proof and they will start using bitcoin because they love money more than men.
They love money but not for the way to gather the money, because she always taking an easier way to getting money. I sure they will say to reject your offer about bitcoin because i think that is very complicated for her. Well we can't deny that most of the women are only for material things and money they don't care about any other thing. If you are going to give them gifts and fiat money with the exchange of bitcoin then for sure you are going to do it right. And they are going to be motivated if they are going to find out that bitcoin is real. Maybe some would be convinced and some wouldnt have any interest at all even how hard your trying to explain to them since most of the women dont like complicated things and all they like is to spend things easily and buy all they want and like. Motivating women is really hard to do. |
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If you have tons of time you can make profit by doing arbitrary betting . You will not lose if you use that and you will win a percent of your bet depends on how big your bet is.
Arbitrary betting? I dont think that you will not lose it because in the end house will always win and there is no safe method to and easy way to get some profit from gambling. Although you have huge bankroll, it is not a guarantee that you will get your profit for sure because you never know when your luck will running out Strongly agree with you, even what types of betting would you use theres no effect at all since in gambling its already designed that you would lose your money in the long run. Even if you have a huge bankroll but dont forget the house would give you long lossing streaks that would definitely make you cry |
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More loss than a win.
So no its nor good for my life.
Yeah i agreed there are very less chances of winning in gambling like we can say that winning chances is 20-30 % out of 100, and the rest 70% are loosing chances. People gamble their money and place bet of more and more money then they loose their money just because of their greediness. But why do people cant stop it. Dont they know this? I guess it is still that mind problem where they think if they are lucky they can double their money or more. Gambling addiction is very hard to remove to a person which is already get hooked into it. I think its a mind problem or whatsoever because they cant control themselves on continuing on playing gambling games which they already know that they would lose in the end. |
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That is not going to happen, the creator of bitcoin Satoshi Nakamoto has created this coin and left it for the people in the world of crypto currency so how could he wake up now and claim that bitcoin is a scam?
caused by that i can say this is very useless things because bitcoin is made for the human's life can making easier for every transaction in the world and not just for scamming the human in the world. agree, bitcoin was created for a purpose and it doesnt intend to scam people. The creator itself have a good perspective on helping people and now hes project is succesful and flying out now with colors. Bitcoins existence really helps a lot in many ways and there are many to mention . Exactly, bitcoins helps a lot of people to earn an extra income every month for savings or spending on their families, there are people having a really small salary and earning bitcoins on the other side to manage their houses, bitcoin is helping me earn some money as a student and i proudly can say that i'm earning. Some of us are relying in bitcoin as their sidejob to gain extra profits in able to sustain the needs of everyday living which is a really big help of bitcoin. Because of this advantage many lives were affected of bitcoin existence so its not a scam after all. |
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I think its impossible to happen because you cant compare a digital currency into a physical currency even bitcoin has a value its impossible to be implemented as a normal currency it would be a long process because there would be a lot of screening or question if its trying to be implemented especially to government.
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if you play faucet dont try lucky to get 1 milion sathosi try trading/ cloud mining/ hyip/games bitcoin or you can mining on your home cloud mining and hyip/ponzi sites are not suppose to be suggested to other or they will only lose their money. if you want to invest in those kind of scam sites just keep it in you if you want to get scammed Absolutely, I also recommend that people who have long known the world bitcoin to tell newbie, not to follow the sites Ponzi scheme rather than encourage them. Since we already know how the mechanism and if you ever tasted exposed the scam. I think this needs to be emphasized that there are no more victims again. And for the newbie to not be lazy to read tips that already exist. thanks If all newbies would listen and take time to read with the suggestions of experienced users here in the forum for sure they would avoid those scams which are commonly newbies fall off. Then maybe this way it would lessen the victims of scam and it would also lessen the scam site for sure. |
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If bitcoin had to drop to $1....I would be the first person to abandon it as it would be worthless not only to mine but holding it aswel
I'd buy all your bitcoin when you buy all bitcoin, and you can not convert it to a fiat, because if the price $1, bitcoin will be crushed, and no exchangers that accept bitcoin again, a.k.a they chose to close If he has bought at $1 then why he will prefer to sell at the same price? He will surely hold them till price doesn't increase and sell only when bitcoins reaches to some descent level. there is no time to hold when the price dropped to $1, I even hesitate to price could be increased. but you will suffer large losses. so I'm not going to take great risks to it, most likely there will be another coin like bitcoin and you can take advantage of it. Many people would lost it trust to bitcoin and for sure many would suffer big losses especially to those big investors of bitcoin. When that thing happen maybe there a new coin that would exist and replace bitcoin to its position and started for a new era. |
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i think saving money is better than investment .
Yeah, but for how long will you save money? If you are going to save it for very long time, you can save it in bank, and that is investment as well.Saving in a bank is not an investment. Bank savings does not earn anything but a percent per year that cannot even compensate inflation rate. If you want to grow your money, then choose investment. But choose an investment that is not safe and do not go for hyip or ponzi. Investment that is not safe? No investment is safe but we need to choose something from where we can expect some returns which can give us good profits in future. Agree, every investment has risk of losing your money, you cant see a business or investment that has no risk. If you have plan on having a good future you would invest your money which you see has a good potential on making profit in the long run. |
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