Another advantage from bitcoin which I can cite in my opinion is that it gives us opportunity to earn. From signature campaign,to cryptocurrency trading. It amazed me with this kind of earning online where I can easily transfer to my local wallet and exchange to local currency.
as i am living in a backward hilly area. in my area a few people were know about bitcoin, but now when the number of bitcoin users is increasing in my area, therefore it is becoming more advantageous for me. now i can refill my mobile credit using bitcoin, and hope that very soon we will be able to do shopping using bitcoin. |
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if you would ask me now, I would take bitcoin since the prices are at a upward slope. But if you're asking me decades later I would probably take gold instead if the bitcoin prices stabilized.
yes although Gold and USD are the most stable currency of the world, as most of the people are still using Gold and USD for trading, but to me these people have no idea about bitcoin, once they know about bitcoin then they will surely prefer Bitcoin on Gold and USD. They just need to introduce bitcoin to them. |
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I tried to introduce bitcoin to my friends but their response is not too good, they only active for a while and then they forgot about it, i only succeed introduce my family into bitcoin, now my sister and my brother is active in bitcoin
but when ever i introduce bitcoin to my friends they really like it and take good interest in it and i know about some who have invested good amount of their assets in bitcoin and are now making good profit. |
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i want to join this signature campaing
Btctalk Name :carlerha
Rank : Full Member
Current post count :220
Btc address : 1L1EewnvipyfYKJhajbWKZGUFQ2WUm6d9a
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A good way to make money? Yes..
There is on question that holding could be profitable because we know more people are adopting with bitcoin and the adoption is really fast which makes the price of bitcoin increase significantly.
Bitcoin is getting more popular and many people have shown their interest in adopting it and which will have an positive impact on its price in future and if you don't want to take any risk of investing it anywhere then holding is the best option for you to make profits from it in future. yes that is a fact that the popularity of bitcoin is increasing from time to time and that is the reason that the number of bitcoin users is also increasing and which is increasing the demand which cause the increasing the price of bitcoin. |
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The best and the safest way to sell your bitcoins is to be a part of trusted and reputed site and it will also depend on the country that you are living in as for me localbitcoins is the best place to sell my coins.
yes that is one of the most important point that you need to be very much careful about selling your bitcoin, you should really select a trusted means of selling your bitcoin. |
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only few can support credit card in buy bitcoin
because credit card high risk to exchanger
you can try buy use credit card in cex io or virwox
I think many credit card for bitcoin right now are release that you can use worldwide i do not use to exchange in virwox because they are asking high amount of fee for every exchange.. but in our area there are still not such cards available which can be use for buying or selling bitcoins and we are still using the old methods of exchange for buying and selling bitcoins. |
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Recently I saw a trading training center there they are claiming to train the students for forex trading. You have to join the same training centers and there you have to learn all the factors of trade and after that you can decide that now you are able to start trade or not.
yes there is not a fix time for starting trading, you just need to get some experience and to get good knowledge about trading, and therefore you need to invest a very little amount in trading in start and when you get experience then you can invest a good amount in trading. |
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Many people would like to make for living with Bitcoin. But is this realy possible? What if things go wrong and you don't have any back up option? Trading takes a lot of time and knowledge, not all of us are capable for this.
yes all most every one will be interested to make money from bitcoin and most of the people may know the good way to make money from bitcoin, as i myself making money but still i want to know the most appropriate way trading for living. |
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I make probably around a few dollars a week trading. It varies because some weeks the price changes a lot and you can make a lot of trades. Other weeks the price hardly moves at all and you may only make a handful of trades.
yes to me it is also not fixed, as some time i make good profit while other time it become hard for me to make money and some time i also compromise on lost. but over all i am making good money from trading and that is the reason that i am still interested in trading. |
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The most important thing in trading crypto is a skill, but patience is also needed in order to make the appropriate action. Most traders difficult to control the emotions that can not make a good profit. Which the most important is to choose a site that truly reliable and not a scam.
yes skill and patient play important role in trading crypto, but to me experience and knowledge about a particular currency is also so much important for a successful trading, if you have some good knowledge about currency in which you are going to trade then the result will be really good. |
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I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.
By holding them that long waiting for the price increase is best and you need to have lots of patience when it come on trading buying some of good akternative coins and then sell it when the price is really high you can set the amount price if you want too. Well, that method has been very effective for every trader so far. Holding our bitcoins is what makes us rich when we have a good amount of investment. And in whatever angle you will look you can tell that buying low and selling high principle is always the best practice, however you need to have the right timing. yes that is right to say that the way of trading is also effecting the result very much, if you really know the way of trading and have good experience in trading then you can make good money in trading, you must also have good skill and experience in trading. |
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Definitely diversify and don't put all your eggs in one basket otherwise it will be quite catastrophic if something does go wrong. Except for certain situations where investing as much as you can is a good idea, of course  You are right and put all of money into bitcoins is bad idea and very very dangerous because bitcoins is instrument of investments there are many risk on there. Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time. The type of investment doesn't really matter when it comes to having all your money into something. It's bad all the way. Personality i just put my money below 10% and it is very high amount for, because there are no people who know the bitcoins will be survive for long time.
Using 10% of your money for investment purposes may seem to be a lot for you, but in reality it's not. I personally always work with a 50/50 ratio. 50% investments, and the other 50% is savings in fiat. Right now my ratio is like 60% Bitcoin and 40% fiat savings, but that's mainly due to the fact that Bitcoin has increased quite a bit in value in the last 12 months. but to me i think if you want to make good profit then you should invest a good amount of your fiat money, i think 10% is nothing, as bitcoin is too much trusted now so you can put your money in bitcoin without any doubt. |
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the fastest way to grow btc is gambling but it is not for everyone
I agree it's not for everyone because gambling just a luck based games.It can't give you profit all the time.For this many people avoid gambling and do trading because trading is skills based and can give you good profit if you have proper skills and experience. yes but there are other ways of growing your bitcoins, if you invest your money in alt coins there you can also make good money, you can also make money and can grow the number of your bitcoin if you give your bitcoin on loans. joining a signature campaign can also grow the number of your bitcoins. |
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Yes, it is. This trust is established by the whole community but not one person, and is what bitcoin so special as a financial ecosystem. You don't need to trust one person to stay honest, but rather you only need to have faith in immutable lines of code.
yes i also agree that, the number of bitcoin users in increasing and so they are investing their assets here, so it is becoming more and more trusted and reliable. i think people have invested millions of dollars in bitcoin and the reason is that they have fully trust on bitcoin. |
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I don't feel Bitcoin will be banned. So far there no news or indication it could be. Blocking it would be far more problematic. Hence I don't think government will be in Any rush to banned them. So take a chill pill
yes that is right to say that currently there is no announcement from the government side that either bitcoin is banned or not, so we are using it without any worry and hope that in future government will consider bitcoin as legal currency, and it will not be banned for ever. |
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There's 21 millions of Bitcoin and not any less or more. That's as simple as this, so no, it can't fluctuate.
yes that is a fact, the number of bitcoin is increasing by the minors but not decreasing, only the value of bitcoin can fluctuate and not the number of bitcoin. |
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The first one will be the bitcoin popularity, in my place bitcoin is still not really famous, the second problem will be tax, when you do transaction in fiat with big number, the government will be suspicious and the last one is i believe if i opened a local exchanger i will be accused of money laundry
despite the fact that bitcoin is still not so much popular in my area, and still very little people know about bitcoin still i am welling to open a local bitcoin exchange business, as our government has not yet declare bitcoin as illegal therefore i have the advantage to open a bitcoin exchange, through this way bitcoin will also be introduce to people and people will start taking interest in bitcoin. |
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I bought bitcoin today, to my surprise i saw that the exchange rate has gone high..more money or profit...in the future thinks it will continue to go high..so once bought has to be kept.. Cause surely it will go high in exchange rate..confidence of its I much...
if you bought bitcoin presently then you have to wait for a good time if you really want to make money from your bought bitcoins, it is expecting that that price of bitcoin can still go so high no doubt about this as people are still interested in buying bitcoins so the demand is increasing therefore the value of bitcoin will also go high. |
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Skills and luck does not work perfectly on gambling yes we are still relying on our luck which is not often happened but what is more important is the timing there are only few times that we can win in a game but we are experiencing a loss more often than winning so i don't see any possibilty that gambling can be profitable in a long run unless it happened to me or to some people i know there will be a proof .
They are just need both skills and luck in gambling in order to win but yeah its not always. the important thing for me is just have fun.. not losing all your money.. in long term it can hurt your pocket and yeah there is no long term that can be profitable.. yes i also agree with you, that if you have some good skill, experience and good luck then you can really make money in gambling and gambling will be profitable in long term, but if you have no experience and skill then it will be difficult for you to make money in gambling. |
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