I spend money to buy only essential goods.I save 20 percent of my earnings every month.I reinvest bitcoins earned from signature campaign into trading.

Bitcoin willnot replace the money.Paper currency is accepted worldwide and Bitcoin is accepted by very few traders.Bitcoin price faces high fluctuation whereas paper currency doesnot.Paper currency is supported by governments.But Bitcoin will be a secondary payment option.

To get rich with Bitcoin,investing in Altcoin is the best option.First do a thorough study about the altcoin you are going to invest, know about its market strategy, read its ANN thread and then invest.

Bitcoin is not a quick rich scheme.You have to work hard for earning in Bitcoin.Posting in signature campaigns will give you a less but steady income.In gambling, you may even loose your investment and that is not a good idea.

I think for the next 20 years, dollar will be the world currency.After that, it may be replaced by Euro.I wish Bitcoin should be the world currency, but it will take a lon time to happen.

Even though some countries try to issue their currency as digital currency, paper money will be still alive and it will be used by people for buying goods and any other transactions.Even now in many countries,many people still dont even use credit cards. So paper currency will last forever.

No, even if Bitcoin price reaches $10000, Stiill fiat will be alive in the market.Even now in some countries, fiat price is very less but still it is used and it will be used for buying goods.

My friend lost his bitcoins while trading with an unknown person.So if you have an Escrow in between you and the other unknown person, you will not loose your money.Its the better option for trading with unknown persons.

See, people has started realizing the true potential of Bitcoin. So they dont bother about the ups and downs of bitcoin price. They have understood dollar is going to crash and economic crisis is going to happen. Only genuine option left is crypto currency, especially Bitcoin.

Paypal is accepted universally for payments for goods. Bitcoin is not accepted by all traders that is the only drawback for payment through Bitcoins.Use Bitcoins for transaction of big .amounts since transaction fee is high in paypal

Invest your Btc in a Altcoin. If you want to earn quickly, invest in a new Altcoin, but you have chance of loosing your total investment also if you do so.Its highly volatile.Better invest in a Altcoin which has good reputation.

Trading should be done with patience and no space for emotions. No panic selling.You must know the market value, founders of the Altcoin you are trading.That will help you a lot in taking better decision.

Instead of holding Bitcoins, it can be traded against Altcoins.When we get good profits in Altcoins, it can be reinvested in Bitcoins.

Yeah, its true.Most people trade based o emotions. When the price of the coin they goes a little down, they get scared and start selling it without knowing its worth.They should follow patience while trading

Thanks bro. Very useful information.Once my friend also lost some bitcoins in trading with an unknown person. An Escrow must be kept between two persons for transactions.

Yes, bitcoin was designed to be global.Bitcoin was introduced to pay online without any bank involvement charging fees.It has decentralized  money giving opportunity to all people to earn.

I believe bitcoin price will rise high in future and that is the foremost reason for me to have Bitcoin.Economic crisis is expected to happen very soon and at that time,the world will come to knoe the true value of bitcoin

One of the salient features of Bitcoin is that the government cannot trace any of your transactions ,so cannot impose tax. But if a Bitcoin bank is created, then every thing is gone.

Its a good idea to save Bitcoin for long term returns but i have never thought about saving it for my grand sons.I dont think that it makes any sense.I save 60 percent of my bitcoin for future and invest the rest in trading.

As for as i know, reddit/r/cryptocurrency is best.You can get lots of information from there about the current market condition of cryptocoins.