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I don't know how to invest in gold so i prefer bitcoin because we can earn a lot of money in just a short period of time because we can take advantage of it's being volatile and also being crowded currency so i think bitcoin is better than gold. But i think someday i will change my beliefs about between that two if i will study about investment in gold. So as of now i will just focus on bitcoin because it helped me a lot mostly on financial problems.
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Just do both of them,it would be better if you save and other half invest.cause if you save all your btc and suddenly the price dropped ,you loose some amount.
But where to invest your bitcoins when you know there are lots of scams out there that are waiting to eat up your coins? Trading is good instead of investing somewhere, you won't regret at your loss if you did it at least. Just invest your money on bitcoin and then wait and holding your bitcoin until the price of bitcoin increase, especially the halving is really close right now. Of course, with short term investment, you can easily make money in less than a month and with the rate of the bitcoin price now, we can say that the speculation is real. Short term is for traders only (i think) but if you want some serious investment for bitcoin long term is the best for you because we can see that the price of bitcoin is constantly rising every year so it's better to hold them for long term investment rather than short to get best results and to be sure that you will earn a lot of money in the future. |
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If you wanna get high return, gambling and investment is good way for you
Oh Gambling! no way, gambling will not give any profit to any person, gambling is only games for entertainment where we can get entertainment and fun, but those who want to earn money at there will be at wrong. There are many other means of fun and entertainment where bitcoin is not a part of it, if you are looking for fun and entertainment find other ways and keep your bitcoins safe for the future. You areright but there are some people who are addicted to the games of gambling and casinos, for those I am saying that they should not have to loot all of their wealth but have only to pay a small amount for playing and for entering in the casinos. Gambling addiction will make them bankrupt in future for sure, and why to play even with small amount as we know what will be the end result, it will definitely make you loose whatever you have invested. difficult to keep winning and always have luck in gambling in the long term. so you are right in the end we will go bankrupt. but now I was lucky to play gambling is not under addiction, playing to have fun and play with the free bitcoin. so I do not care when I lost a lot, because it will not make me go bankrupt. I also play gambling sites to have fun and usually they also have free bitcoin from there faucet which is good to enjoy the game but sometimes we cannot avoid depositing our bitcoin on a gambling site because of huge earnings of other player which make us be tempt to try it and after we play and get some good profits it could possibly result for craving some more bitcoin so whether we win or loss we will always get back to that gambling sites. It's better to stay away from gambling to avoid being tempt and also avoid getting lose your money  . |
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I don't know how to invest in gold so i prefer bitcoin because we can earn a lot of money in just a short period of time because we can take advantage of it's being volatile and also being crowded currency so i think bitcoin is better than gold. But i think someday i will change my beliefs about between that two if i will study about investment in gold. So as of now i will just focus on bitcoin because it helped me a lot mostly on financial problems.
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It's better if you make a goal on what you want to buy or where to spend that saved money. I think this quote can help you i just found it some where. "Do not save what is left after spending but spend what is left after saving" and also if you saved some money now this quote can help you on spending. "If you buy things you do not need, soon you will have to sell things you need". I hope those quotes can help you in making decision both on saving and also spending  . |
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Halving can not be undone, it is a natural process, laid down in the code.
It is like the weather: a more or less clear that after spring comes summer, after summer should fall further - winter.
It's like the world cup, which can be seen only once every four years. In fact, the event is so special that you can call it unique. We do not even really know what effect it will have on the market price of Bitcoin.
Exactly, and why do we need to cancel halving? I like the effect of halving because the price will eventually increase and that would help the community to get the publicity we needed to improve and increase our users. That's true halving can also help for bitcoin to gain more popularity which will result for a more adoption of different people around the world and if bitcoin will get more users the price will surely increase to the top and we older users will get good benefits from that. So we don't need to worry about halving i think only miners of bitcoin has the right to worry about that. |
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I don't have exact investment strategy on bitcoin because all i do is just to buy a few amount of bitcoin and use it as a capital for doing some altcoin trading to earn some more and also i doing some hard work on signature campaign to collect more bitcoin because i need to be prepared for the incoming big event this month because i don't want to miss the great opportunity to earn more money . |
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No never it's very impossible for bitcoin to reach 1M price in just 10 years even though it's quite to long time to wait it's still not enough even hundreds years. For me the realistic price that bitcoin can reach is ranging about $5-10k after 10 years. Don't expect too much for the price because those people who expect too much are the ones who always gets hurt  |
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For me i think i would buy more bitcoin and save it for more years and im expected to gain more more profit before i will sell it, I would be billionaire for the future and i will help someone to get rich also.
That is the best thing to do because if the price would drop to that kind of pretty cheap amount it will just like a bubble and will just for a few couple of hours because many trader/investors would grab that chance to buy bitcoin as much as they can because just like you they know that there is chance of getting million or even billion of dollars in just a couple of weeks or even days. |
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You can do everything you want, mostly it depends on your future goals, if you want to increase your good, better to start investing in somethig or just trade, etc.
I would prefer trading than investment because it's hard to trust on investment sites because they could possibly just a ponzi scheme which will scam you in the end. In trading especially alt coins there are many opportunities because there are many alt coins to choose from. So In my opinion i will go trading because it can double or even triple the amount of bitcoin that you have in less than a week if you choose the right and on the trend kind of coin. |
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Bitcoin can't disappear but can be abandoned so as long as there is bitcoin take advantage of it and grab the opportunity to earn more money. IMO if bitcoin will be abandoned we are surely died in that moment because it will take a hundred years or more to be able for bitcoin to be not profitable anymore.
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Yeah, I'm buying bitcoin. I think bitcoin has great future ahead and it's a good move to hold it for a long term.
The main reason I'm buying bitcoin is for trading. I could get extra money by doing it. I also sometimes buy digital goods with it.
yeah bitcoin has very high potential to grow more as the market is getting bigger and bigger for bitcoin as the capital is now 10billion and more to come an i am not buying any coins at this moment but just holding what i have  That's the right thing to do as price is going higher now, so its better not to buy now and see if price drops in next few days or not to buy some coins, but price going down seems to be difficult. Thi is a good time to buy some bitcoins, as the price now will not drop but it is increasing and will continue to increase this whole year, so those who buy now will earn a good profit in the coming months. We can't be sure about that because this coming halving there is a possibility for price to experience drop whether it's small or huge drop because i think most of the bitcoin users mindset is just to hold their bitcoin until halving and then sell all their coins because they only think that it's the best time to get their profits which is kind of bad moment for long term holders. |
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We need to use bitcoin to feel more secure on saving money and feel faster transactions with a very low fees which is bang for the buck. We need to use bitcoin also to grab different opportunities online like trading and investment because it's easier to generate or make money online rather than in real life. So that is my opinion why we need to use bitcoin . |
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I don't have too much bitcoin to store i only have just like 0.1 (something) amount of bitcoins as of now, So i prefer to put them on blockchain.info online wallet and use 2fa verification for another layer of security and i think it's enough for me as of now. But if i will have at least 5 bitcoins i will use multiple wallet like putting the 3 btc on a cold storage for long term investment and i will put the 2 btc on online wallet for using it as a capital on trading.
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All the bitcoin address you generate in internet may not be ideal for storage of bitcoin for longer term if the amount is so much. You better download https://github.com/pointbiz/bitaddress.org and store it in any folder in a new computer without any online connection or USB stick attach (better to use just formatted pc/laptop). Than open bitaddress.org.html file in browser and generate bitcoin address, no any internet is needed. Save that or print that paper wallet you get. And only copy that bitcoin address to one plain text and delete that paper wallet file .pdf you get from the script. Now only insert USB disk where you have to copy the plain text file with btc address you created before. Than use that address to send bitcoin to it, i think this is the good way to store bitcoin for long term and most secure cold storage paper wallet method exist. Correct me if there will be a chance of lossing private key in the above method, i am also also thinking to store for long term with the above method. That's a great idea but i'm wondering how can i withdraw that stored bitcon if i want  . Because i also want to store bitcoin for long term soon because now i'm collecting and saving bitcoins as much as i can. I hope i get a reply . Because i never tried any kind of cold storage so i'm confused  . |
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Simply i will huy thousands of bitcoin and save it for a long time and when the price get triple i will sell it to gain more income and i will spend it for my daily living.
This is why there are bitcoin millionaires, when the price of bitcoin is very low this is what they have done. They bought a lot of it and they just hold it and now the price is now high they are going to sell it for sure or even wait for higher price. Early adopter of bitcoin have already become millionaires or even billionaires who bought for the lowest price but I don't think that history will be repeated again. It can be happen again that the price will touch that $1 if the all users will sell their coins but i think thats not gonna happen now but in the future it can because if the price of bitcoin in the future is very high it can cause for shareholders to do panic selling because of it's price and also to secure their profits. |
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I would probably save it for quite a long period of time. Bitcoin is doing very well and the price is just continuing to rise. Maybe one day it will hit $10k. hoping for a good return.
I agree with you, bitcoin is going better and better year after years. So it's best choice to save that kind of huge amount of bitcoin for long term investment but i think that price that you're wishing for ($10K) is too hard for bitcoin to reach because even though next 4 years or 8 years it will still hard for bitcoin because it's only depending on demand and supply. But just like what other said we can't predict the future so it's better to just save some more bitcoin and hold them for a good return soon . |
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Currently entertaining the thought of investing to more than two gambling sites.
I don't expect to earn tons of BTC in just few days but maybe in a month, I can earn 50% if not double how much I've invested.
Will probably double the amount I'm going to invest as well.
in present time i have one one choice that is to invest in bitcoin and to hold it for the price increase. i think this is the best time to hold even to ivnest in the present time because i can guess that the price can increase more. Investment involves risk and in present scenario its not wise to make any online investments as majority of them turned out to be ponzi, its good to keep bitcoin safe in wallet and save for future. That's true most of investment sites online are just ponzi or scam, that is only waiting for the their target amount to reach. If you don't want to invest on different untrusted sites out there, Then there still a lot of ways which is safer than investment like trading alt coins but even though it's safer than investment it also has risk and you still need some knowledge to get the best results that you're looking for. |
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As the title say, what is the proper way to teach someone about what is Bitcoin?
For me. I will teach him to all my knowledge about bitcoin or what is bitcoin.. if they are ask me if how to earn. I should to explain all my knowledge about earning bitcoin. But before of them and most of them explain what is bitcoin before to proceed to the next step of earning. And then if he ask me about in bitcoin i will answer them. But not all the questions it is depending on my knowledge. Because me too i really don't know all about of bitcoin. why are you wasting your time and energy. you no need to wate your time. just give him the website address or tell him to search for it in you tube. one can find any kind of information about bitcoin on internet. Yeah that will make the task easier. Refer them on youtube for video tutorials or just told them to create account here because this site is what he's looking for because he can both learn and earn from this forum and this site is always updated on the different news about cryptocurrencies whether it's bitcoin or not. And we can also share our thoughts and ask about the things that we don't know about bitcoin and get very useful feedbacks or replies in just a few couple of hours or even minutes if there are many active members on that moment. |
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We can say the future of bitcoin, but for me the future of bitcoin will be the future money, Bitcoin community is rapidly increasing and in the future i think half of the world population will use bitcoins
That's possible for sure, and even maybe more than a half will use bitcoin in future if it gets into adoption era and spread around the globe to every new person who never knew anything about it and is interested in a change so it would surely be a positive change for bitcoin over the time. Yes a lot of people who will use bitcoin as I'm sure crypto like bitcoin will become a trend in the future. A new era was about to happen here. The future of bitcoin will definitely go ahead if it continues to increase and development. I believe the future will be better bitcoin. Yes it is coming near that era. We just have to be careful if some organization want to control it. We can go with the flow of whales that are trading but when someone controls it, that is different story. i also think so. i am pretty confidence that the future of bitcoin will be more bright. because you can see the interest of the people. people are still investing their money in bitcoin. they are still confidence that the price will even increase more. At this stage, we need to attract more people to the bitcoin by improving their user experience, such as cheap and fast transaction. Yeah that is totally necessary for bitcoin to get a bright future because if bitcoin will get a massive adoption from almost all over the countries in the world i think if that happens, bitcoin will be the secondary currency of all people which make their life easier and less hassle like it's easy to pay bills online just like paying electricity bills and internet bills and much more. Also if bitcoin will be next crowded/most used currency we don't need to bring much money because all we need to bring is our phone (w/ some bitcoins) which is more comfortable to bring than bringing much money in our pocket. |
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