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Sell bitcoins at a high value and buy it at a low value. At least that is how i make my bitcoin and it is pretty simple that is why you should invest in bitcoin. Because there is a lot of money to make from it and i think that it is better for you to also invest in other coins.
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Hello everyone, I want to share about my strategy with bitcoin and I need your advice. So the example is, I've buy bitcoin in price $2000/btc with amount $750 so I have 0.375 btc. When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and my total btc is 0.384xx. With my $750 I can keep increase my bitcoin with this strategy. So what do you think. Am I doing right with my bitcoin? Or you have any advice. Please explain.
you do the right way with that you get the benefit, i will learn your way hopefully i can also succeed as you have done. Your doing great. Your strategy is what we called trading (short-term). Buying in low price and selling in a higher price. Though there's a little bit risk but if you have the trading plan, you can execute it wisely. My strategy for bitcoin is pretty simple actually. I just buy bitcoin at a low value and sell it again at a high value. Then wait for the value to drop again. I also join a lot of airdrops and i think that it really helps to invest in bitcoin more.
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I think you mean bitcoin as a form of payment. I think that would be amazing because then you could go to a supermarket and buy some food with the bitcoin and that will increase the bitcoin popularity. So the value will go up.
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I think in 2022 there will be a lot of people who use bitcoin because you can see bitcoin grow very fast these days because the value of bitcoin is rising so fast. That is the reason that more people come and join bitcoin.
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Im keeping mine in a wallet like coinph or xapo.I tried storring it in exchanger but loss funds.
I keep my bitcoins in myetherwallet and blockchain witch i think are the best wallets and the most Trustfull because a lot of people use them and have no problems with them. So i think you should try to use these 2.
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I think it is too bad for him because if bitcoin had an unlimited source for mining he could have been the richest man alive and we do not know even if it is a man maybe it is a women because we do not know anything about her or him.
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Both is good. Because if you can do both it is only easier to make some profit for yourself. And if you are good at trading you can make so much bitcoin but ofcourse you should know what you are doing before trying it.
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I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.
This is the analisis I made:
On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd
On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd
On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd
Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD
That is amazing.
I wonder what are the new rich people doing right know? have they realised that they are rich yet.
Most of the people that have gotten rich from bitcoin are probably the ones that got in very early like early 2013 or before. The rest of us are trying to catch up. I think rich people are now richer because of bitcoin they able to buy whole bitcoin as an investment but for those people who have no money to invest are now still working hard to get more bitcoin and dreaming to be rich like others here. No one expect that this digital currency will be a way to be rich us. It is Gods will. I certainly agree to that, many people get richer and because of bitcoin many people get more and more rich. In addition to that, investing bitcoin is a great idea and bitcoin will help you to gain more income and money. I also believe that bitcoin will help me to become rich in the future. Lastly, having bitcoin is an opportunity to become rich. I agree that a lot of people get rich because of bitcoin. But that is because they work hard to get rich. They totally believed in bitcoin and now made it to be a millionair for example. So if we all worked hard and did our best to believe in bitcoin i think that could make us rich aswell.
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Yes ofcourse it is because bitcoin only asks some time of your life and they offer so much money to you. Bitcoin will get rid of all your financial problems so that is why bitcoin is good and you should invest in it.
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The best moment to buy bitcoin is if you see the value of bitcoin falling down really fast. Then patiently wait for the bitcoin to not go down anymore and at that exact moment you should buy bitcoin and if you are lucky you can double your money.
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