Try both. Investing is good. Some coins in the market aren't ripe yet so it takes years before you see their growth. When you see the coins, you should classify these coins according to their class. Some are good for long term investment, some are good for short investment (meaning less than a year of holding) and some are for day trading. But all methods will give you a good profit as long as you know what you are doing. Sometimes even if you know what you are doing, you can lose. Just study the market. And you can try all. Just trade with caution. Market is very risky. Remember that.

I am interested in this idea. Since it is very common now that there are a lot of reported incidents about scam and hacked Bitcoins. So for those who do not know how to store their BTCs or for some who don't want to stressed their minds on taking care of their BTCs, maybe this is the good answer.

I've not heard Bitcoin back in 2009 and 2010, but if that happened I would definitely grab the opportunity to enter the market no matter what. I've heard it last year but I just ignored it telling to myself that it is just something that could be forgotten after a few years. But I was wrong. After a year it got so popular like its like a fire who spread so fast. And I do really regret on not paying close attention to my friend who introduced it to me. I can't turn back time so that will be my greatest regret for my entire life.

For now we need both. Because of the prices of cryptos are not being stable, and not all crpytos even Bitcoin are acceptable all over the world, we need both. Though we expect in the future that cryptocurrencies will be better to our conventional currency today because of their features that will change our economy. Conventional money are still important because they are the one who is accepted by all establishments in the world.

I experienced that. One of my friend had knew that I am a trader of Bitcoin. And he laughs at me telling that what I am doing is illegal. And I got a little bit annoyed because he's telling something that he don't have any proof at all. Knowing he didn't know what about Bitcoin. So when you experienced that, just stay easy. Stay calm. Anyway, they are the ones who lost the opportunity not you.

Everything you invest has its own risk. When you buy all your money with Bitcoin, it might get hacked. Or what if one day you need money, a big amount of money. So you have no choice but to sell your Bitcoin. What if the price of Bitcoin is lower when the time you bought. You sell at loss. You do not want that to happen. right? So I suggest, invest your excess money. Money that you won't be able to get in a long term. Diversify is the key. Left something for a short term use, and invest something for long term purposes.

I am not pursuing to be so rich. I just want to have a convenient life with my family. I mean , life that money is not a problem when we want to travel, buy things we need and want. As of now, I earned not much because I am just new here. But it is a good money though. A good extra income for me. I haven't lose anything yet since I haven't sell my Bitcoins and other alts at loss.

Right. We all lose big time, but doesn't mean you have to stop. Or else you have something in your mind that you may do to earn income. Trading is very risky, before you enter in trading you have to know that. Trading is very risky. If your only reason is that you loss a large amount, that is not right. It means you have to study what you have done wrong in order not to repeat your mistake.

Definitely profitable. But you can lose thousands of your money if you are not careful on what you're going into. You are right about your advice. In trading, it's not just riding a bike. It need a lot of reading and practice. Also, you have to keep updated about the news. Traders/Manipulators are there when there is a hot news about certain coin. But you have to be careful.

Exactly. Do not put all your eggs in one basket. DIVERSIFY it. Buy some of your Bitcoin with altcoins so that they can multiply in number when your invested alt gets pump. When you just put all your money in Bitcoin, yes it will increase in value but it won't increase in number.

Totally agree. This will be the new era of currency, but for now we consider it as an speculative asset (because of price increase and decrease). We hope that everybody may accept and use Bitcoin in the future and enjoy a cashless payment method. But that would be a long way journey for Bitcoin.

Definitely yes. When I first started in buying Bitcoin, I started from $3,500 and now Bitcoin is about $4,200 dollars. That's a pretty fast gain, right? As Bitcoin become popular and some countries are now accepting it as payment, the more people buy Bitcoin, the more its value increases.

Kung matao ang lugar niyo, ang naiisip ko lang na pwedeng mabenta at pang-masa ang presyo ay yung mga buy 1 take 1 na burgers. Angels burger or Minute burger patok yun. Wala pang isang Milyon ang presyo nun. Pwede mo din itry yung mga sikat ngayon na siomai o yung mga food cart na kilala na ngayon. Patok din yan sa mga kabataan ngayon kahit mga adult patok din yan. O kaya gumawa ka na lang ng sarili mo business. Depende kung ano passion mo.

All of the category should be done. First, you should save money in bank for emergency purposes. So that you can access your funds anytime when you needed it. Second, invest it in Bitcoin because Bitcoin is so popular today and has a rapid increase in value. You don't wanna miss that opportunity, don't you? Third, when you earn a lot you invest in real estate. Because there are a lot that you can do in real estate. We do not know the future of Bitcoin, so it is better to have another source income. Then last, maybe you may consider in investing gold/silver. They are like Bitcoin that are depleting, so the less they have supply ,the more it increases in value.

It is a good way to grow your money in Bitcoin. But I am not in favor of putting all your money in Bitcoin. There are a lot of news and events that can happen to affect Bitcoin. Like what happen recently about the announcement of China. Many people got afraid and pull out their money. So I suggest to invest on what you can afford to lose.

Because for them it is illegal. Countries like Bangladesh , Bolivia, Ecuador and Kyrgyztan are not accepting Bitcoin. In my opinion, they do not want Bitcoin because of its decentralized characteristics and being anonymous. It is very alarming to government that they cannot control the monetary system in their country. And also when they cannot track it. Because it may use it in purchasing illegal activities or use it in money laundering.

As we expect to believe, People wants Bitcoin to be the replacement of our conventional currency. For me Bitcoin will have a long way journey for it to be accepted worldwide. And I believe on what you says, that is probable. Since we consider Bitcoin as money, and people who have a lots of money can do a lot of stuff to control. Then that is possible that Bitcoin can be use as a weapon to control the economy. And we can't tracked it who, because of its natural features as anonymity.

Bitcoin price is now recovering. Because of a lot FUD news recently, Bitcoin price dumps. And we didn't expect that  specially what happened in Chine about its announces. But today Bitcoin is now coming to $4,500. And that's a good sign. Hopefully it will continue to recover.

Bitcoin is a good investment now because people wants some change. And on some countries, Bitcoin is legal. Because of the popularity of Bitcoin, its value is rapidly increasing. The more user, the more its value gets higher. If you are reading the news, most countries are now entering the crypto world, making them to create their own coins.

Ethereum is really a good coin. If you always read articles or posts about comparing Ethereum with Bitcoin. Ethereum has many features than Bitcoin. And you notice that there are a lot of ethereum-based coin we have right now. You may create smart contract in ethereum blockchain. And it is faster than Bitcoin.