I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?

If you are walking on the road and enjoying a nice day at the nearby park it's all because someone paid their taxes.
Taxes helps a lot , I have seen people frowning over about how they don't want to pay any taxes and as such.
Government ensures that if you earn over a certain amount then for sure you can contribute in the making of your country. It's only if you are able to.
Taxes helps in :

    Paying the salary of government employees
    Making of roads
    Public schools
    Parks run by the government
    Maintenance fees
    Making government hospitals
    Making high schools ... The list is endless

We all use all these services at one part of the life or other therefore we can just consider it a little payment for that .
People frown how government is corrupt , it is but not entirely if it was then you woont see new projects coming up in your town or city.

It's just our responsibility to pay taxes, we shouldn't run from it because it will more or so be used for everyone out there in your country , you are indirectly helping others too through paying them , the less advantageous ones.

Also one might say government can print all the money they need , but that's not the case ..the more money a government prints the lower the value of their currency gets which genrally have adverse effects in many sectors.

Day by day, you can see many news like it. But bitcoin has great potential. Still it is a profitable coin. I think it will work for a long run. Don't be panic about bitcoin. Hopefully price will be increasing very soon.

the bitcoin is bad now, but I think it will change, because the longer the bitcoin changes, and we also have to remember that once the bitcoin was once the best and has tremendous benefits. so we do not look at bitcoin just one eye.

Hi there! I just need your advice. I invested the money instead of paying my school fees. Yeah, i know this is wrong because education is more important to us and it can't be stealed from us, i'm still studying but my fees will be doubled on the next payment. But i believe this will end a good result. What do you think about this ? Your advice will be highly appreciated. Thanks!

Bitcoin and Cryptos has nothing to do with crimes, people commit crimes. I guess that the greatest criminals in the world uses USD not cryptos.
There are crimes in many areas in this world and in crypto isnt excluded.
Bitcoin is not totally untraceable but it is hard to do it.

Investing in bitcoin always has its pros and cons. Due to the unstability of bitcoin prices often rise and low repeatedly.. Investing on it would make a big profit if you are a good investor but there are also disadvantages that may lead you to your bankruptcy.

Hi there! I just need your advice. I invested the money instead of paying my school fees. Yeah, i know this is wrong because education is more important to us and it can't be stealed from us, i'm still studying but my fees will be doubled on the next payment. But i believe this will end a good result. What do you think about this ? Your advice will be highly appreciated. Thanks!

People are invested in bitcoin in many ways.
They see good reasons to stick with it and most of them are thinking long term.
Things crash from time to time, it doesnt mean they are dead.
And besides that profit isn't the main focus for most of the old dogs of bitcoin.

Paying Taxes is the reason we are getting Health services, Law enforcement, Clean streets and parks, Great Infrastructure.

Government need money to provide us a better place to live that's why they force us to pay taxes.

why is it ok for a group of people calling themselves the government to force everyone to buy their services?
if enough armed people refused to pay and told the government to go fuck itself there is nothing they could do.

I have seen many ways to earn bitcoin, and still not familiar with some of it. I am a student and I wanna ask how to invest in bitcoin, and if students like me are capable of doing that already?

Please share your thoughts. Thanks.

who said i want their health services, law enforcement and parks.
if ill want a park ill pay someone to build a park, what right do they have forcing me to buy stuff they think i need.

How is Bitcoin different from Etherium?

I have seen many questions on this matter around Bitcointalk, so I thought that this would be useful as a source. Hope you enjoy and don’t forget to say “thanks”.

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So let’s start off with the question “What are Bitcoin and Etherium?”. Well, they are cryptocurrencies, based on the blockchain. So what makes Bitcoin and Etherium so different, if they are based on the same system?

Bitcoin

Bitcoin is often defined as the “digital gold” and that is for a reason. It had been one of the first cryptocurrencies to appear and this makes it such a popular coin nowadays. It can be defined as the dollar of the blockchain, as it is only a payment method. It can not be described as an innovative and mind-blowing technology, although it is very useful itself, it is just your money, held in a digital form. Bitcoin can be used for multiple purposes, one of them is inviting in ICOs (Initial Coin Offering). Once you support an ICO, they give you their tokens, which can be compared to stocks, which grow with the company, although are dependent on the price of Bitcoin and the market in general. Some other purposes are investing and basic payments, which are getting more and more popular nowadays.

Etherium

Etherium, on the other hand, is defined as the “digital petroleum”. It had been launched at the beginning of the crypto market development, and many people see it overtaking Bitcoin in future due to it’s flexibility. Of course, it is priced lower than Bitcoin as it had entered the market way later, but that does not deny it’s usefulness when it comes to innovations. Shortly speaking, where Bitcoin is just a currency, Etherium is a platform for other applications to host and grow at. It is so “open-minded” as a platform, that you could build anything on it, starting from 3D printing to traveling network management. And that is the quality that allowed Etherium to enter the big market: it occupies a different area rather than Bitcoin, therefore serves for different purposes.

Conclusion

For me, as an investor, Etherium poses a bigger personal interest than Bitcoin, but it is pretty clear that at least for the next year bitcoin will be the leading currency in the crypto market. That is also because most of the people nowadays are familiar with Bitcoin, but have heard nothing of Etherium. But if you are looking for a long term investment, Etherium might be your solution.

As it seems that more and more when do I get rich, when do I sell and o shit we are going to crash topics pops out....maybe its not so a bad ideee to read something else.

In the first time since ever, you got the chance to have financial freedom and the power to break the invisible chain of slavery that you carry.

No war:
As your shitty gov cant put you, your soon and your unborn grandson in debt and pay the guns. You even don’t need to go demonstrating that your again the war, you just simply say: I dont give my bitcoin for your war!

Play even:
Gov A cant sanction Gov B just because Gov B people believes in another imaginary friend high in the sky. You cant block a bitcoin transaction.

No shady big corporates:
You just dont lend them your bitcoin as banks do with your funds.

I am sure you can think about 100000000001 more other good think that can be done.

Bitcoin was not made to make you rich, its was created to make you free

They say: If dying for your freedom is not worth it, what does it?
Well I say: If spending 10% of your income dont worth your financial freedom, what does it?

Let say you got 1000USD a month, convert just 100USD every month in bitcoin and spend it where ever you can. Just buy things using your bitcoin. Spend it, not sell it for fiat. Dont nag about high fees, (its not high anymore and just use segwit address, use android samurai wallet). Bitcoin gives the same advantage to some pour guy in a 3rd world as it give to wall street boys. You dont need to help unicef use bitcoin and you are directly helping the whole world at once, including your self. Use it, spend it, dont hodl or sell. Use it for what it is supposed to.

Bitcoin isnt a store of value or get rich thing.

Bitcoin is freedom
Bitcon is no more war
Bitcoin is no more debt
Bitcoin is you in power!

As it seems that more and more when do I get rich, when do I sell and o shit we are going to crash topics pops out....maybe its not so a bad ideee to read something else.

In the first time since ever, you got the chance to have financial freedom and the power to break the invisible chain of slavery that you carry.

No war:
As your shitty gov cant put you, your soon and your unborn grandson in debt and pay the guns. You even don’t need to go demonstrating that your again the war, you just simply say: I dont give my bitcoin for your war!

Play even:
Gov A cant sanction Gov B just because Gov B people believes in another imaginary friend high in the sky. You cant block a bitcoin transaction.

No shady big corporates:
You just dont lend them your bitcoin as banks do with your funds.

I am sure you can think about 100000000001 more other good think that can be done.

Bitcoin was not made to make you rich, its was created to make you free

They say: If dying for your freedom is not worth it, what does it?
Well I say: If spending 10% of your income dont worth your financial freedom, what does it?

Let say you got 1000USD a month, convert just 100USD every month in bitcoin and spend it where ever you can. Just buy things using your bitcoin. Spend it, not sell it for fiat. Dont nag about high fees, (its not high anymore and just use segwit address, use android samurai wallet). Bitcoin gives the same advantage to some pour guy in a 3rd world as it give to wall street boys. You dont need to help unicef use bitcoin and you are directly helping the whole world at once, including your self. Use it, spend it, dont hodl or sell. Use it for what it is supposed to.

Bitcoin isnt a store of value or get rich thing.

Bitcoin is freedom
Bitcon is no more war
Bitcoin is no more debt
Bitcoin is you in power!

I have seen many ways to earn bitcoin, and still not familiar with some of it. I am a student and I wanna ask how to invest in bitcoin, and if students like me are capable of doing that already?

Please share your thoughts. Thanks.