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If i have 60 btc I will start a business so that I can have a stable income and give some for my family then invest some more coins to keep up the income and then save it for future purposes.
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My biggest fear is losing a big amount of money that I earn for and invest in bitcoin because it's hard to decide if you're going to take the risk especially when the money is big
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Some people say bitcoin is better than US dollar but i think US dollar wins in terms of acceptance because not all people know what bitcoin is and bitcoin price is volatile and bitcoin don't have physical form you cannot touch it like dollars
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Bitcoin is unexpectedly becoming a recognized payment method.There are loads of different places or websites that will accept payments in Bitcoin and if this continues people will recognize it be accepted but it still depends on the government
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It is possible use it as an alternate payment option the future is shaped by a mobile device or a computer and it is a solution for fast and easy online and offline payments.
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It depends on who do you introduce bitcoin to, and the way how you introduced bitcoin to the. Not all people is tech savvy, I've introduced bitcoin into some of my friends and only a couple of the really got involved in crypto currency. Even I who really believes in crypto was skeptical on it when it was first introduced by my brother.
in my case my friend introduced me to bitcoin and i like it i read articles about cryptocurrencies and i joined this forum to explore and learn more but when i introduced it to my other friend they show no interest in it and i gave up because i can't force them to understand it |
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Recently I've heard someone's speech about keeping BTC on the exchange is not safe. But the same thing may be fair to other types of wallets — it's all about the pros and cons, isn't it? There must be a comparison based on the number of incidents, statistics, etc. I mean, ok, let's consider this article as a detailed guide for different types of wallets — there's an explanation, principles of working, advantages and disadvantages — but how do you actually know, which wallet will be safe? How did you choose your current wallet? Where do you keep crypto? Have you ever been stolen? I've never lost bitcoin because I make sure my wallets and passwords are properly protected to prevent hackers who want to steal but my friend already lost some money because of scam exchange sites |
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for safety reasons i think if you have big funds in your wallet you might want to check it regularly and move it to other wallet like offline wallet it is to risky to trust in here in the internet |
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There are many risk involve here because crypto don't have physical form and it is dangerous to trust people in the internet you can lose a big amount of money if you don't undestand the risk or dont have knowledge
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When investing in bitcoin you should know that there are many risk included for example when buying bitcoin on a website make sure it is trusted and safe and you should know how to properly store your coins,just read some articles that can help you to avoid risk
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Bitcoin can be use to buy things in the internet and some website or companies accept bitcoin as a payment i think but there are limitations because it is not known to other people and its not legal to use in other countries
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Although there are a lot of altcoin arising even with more updated features than bitcoin, bitcoin still remain the strongest because bitcoin already has the trust of people who strongly believe what bitcoin can do and I think that's the reason why bitcoin survived a decade.
in bitcoin it all started so it is impossible to be surpassed by other altcoins as long as bitcoin continues to exist it will not disappear but it is also possible because there are other alt coins popular and used by people |
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Do some research before buying anything on the internet lots of sites sells bitcoin but some of them are scam. You did it right because you asked before you bought bitcoin and just explore here in the forum if you are a beginner
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my friends lost his coins from offline wallet when he was chatting online on facebook messenger
sure he can't restore his coin
so how can protect offline wallet ?
just transfer it to a hardware wallet or paper wallet so you can protect your coins keeping it online can increase the chance of losing your coins and be careful when chatting someone online you dont know |
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I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk.
on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements.
I always think that people who have opinions like that are people who don't really know about blockchain technology, or they just read from one of the articles that happens to provide news about a "dark" case in bitcoin, so they often assume that bitcoin is a range against hackers and scam.
what do you think about finding people like that and how will you react to them?
if they do not believe I can do nothing but waste my time explaining because they do not know bitcoin and they are not very open on these topics or they have not read the news about it I will let them go because I know the use of bitcoin and it's not a scam |
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Yes I do. I am not the kind of person that back away from confrontation or a challenge and I do not sit on my ass and wait for good things to happen to me. I go out there and fight for it, because I believe the harder and smarter you work for it, the more deserving it would be to achieve it. Word of mouth is FREE advertising and it takes very little effort to plant a seed. If people hear about Bitcoin every day, they will eventually be curious and they will investigate by themselves.  I gave up talking to my friends who are not interested in bitcoin because they have never experienced it or they just don't want to believe because they don't know bitcoin |
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It is humans fault why bitcoin is used for illegal activity. Bitcoin is open to all types that we can use. There's no doubt that even in the illegal terms it will be include in this kind of activity.
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Even I myself starting to doubt how my investment is not starting to grow but we need to wait patiently and we'll see the outcome. Holding can be tiring but it doesn't we need to lose out of sight. Hold on and wait for the bitcoin come back
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In this generation, some other country and establishments are now introduced to bitcoin and yes, we can buy a lot of things using bitcoin. We can use it for hotels, paying to a restaurant, some jewelry shops, and so much more. You can also use it for trading or in different markets so youre bitcoins can also increase when you spend so much for your necessities.
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I can say yes, because its like a business where you accept the risk that you will experience when we are in the world of bitcoin. At first, you need to focus on how to use it, study the flow of using it in order to gain knowledge in using it and be one of our source of income. If we worked seriously using bitcoin we can get want we want but not all the time we’re on top so better be ready to all the possibilities that bitcoin might bring to us.
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