There are many good ways to invest your money and one of those is to invest in bitcoin. Bitcoin has high value right now but it is really profitable. try to consider also the other altcoins,its profitable as well as bitcoin.
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You have to be careful on keeping your personal information. Keep all your private information about your account. There are many hackers nowadays that have enough knowledge to enter your account and get all your money. But it is still not easy if your account is secured and kept on good sites.
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I think it is best if you do both,Half of your coin for day trading and half for holding. Both ways are profitable,meaning it's still a win-win for you. However,if you're a newbie, it is advised to hold your coins because you need enough knowledge to trade. On the other hand, Day trading is risky because you have capital.
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Bitcoin is actually an answer for unemployment but it still depends on your country. In my country we have a big percentage of unemployed people,but still doesn't change because they're not aware of bitcoin.
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Actually,it is regretful that we've known bitcoin this late. For the past years,bitcoin's price is very low;a right timing to buy bitcoin. If I only knew bitcoin long ago,I would've invested big amount of bitcoin. For sure, the money I got now is big. But anyway,it is not too late to buy bitcoin,few years after bitcoin will be popular like a bomb then you'll feel lucky that you bought now.
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Banks will never be as popular as it is now. Because of the upgraded technology we have now,probably, crypto currencies can replace banks. But since there are people who's not aware of crypto currenices like in our country,they'll still go to banks and let their money rest in there.
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I think we can't manipulate the price of bitcoin since the government only have the rights to do it. However, as I have seen for the past few years,bitcoin price is getting higher as it gets popular. The demand is high that's why the price keeps on increasing. We can retain bitcoin as long as we have big volume,as long as there are big amount of bitcoin believers.
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MyEtherWallet is the most used wallet here in the forum. It is popular because it is easy to use and safe. It will give you private key that only you will know. But you really have to be careful of giving your eth address since it is almost alike with your private key. Always double check if what you're giving is your address.
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There are lot of ways on how to buy bitcoin without selling your house. You can find jobs so that you can have two jobs at the same time. You don't need to sell your house and live in the street,it is a risky idea indeed. You'll never know what will happen next if you sell your house,bitcoin might be lost its value the moment you sold your house.
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I think if bitcoin died,some people will lose interest in investing in other altcoin since it is their top most priority. But for people who keep on patronizing crypto even though bitcoin is gone,good cryptos next to bitcoin is ethereum and litecoin. Although I barely know litecoin,it is recommended by other crypto holders.
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It is actually good that you have the three best crypto specially bitcoin. Bitcoin will surely uprise this year because it'll become more popular. I also advice you to find good ICOs out there because it'll give you bigger profit.
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I'll still go with physical money. Although it is easier to transact if we use digital currencies, there are things that can't be done by electronic money. one if those is,electronic money is money only works if you have internet.
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I know 3 ways on how to make money out of crypto currencies. First one is,joining bounty campaigns. Next one is trading but you need enough knowledge to trade. And other one is mining although I still dont try mining,it is consider as a good way to make money.
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I think it is sort of impossible for bitcoin to replace physical money. First of all,our own government will not agree if something like this is proposed. The reason is because people are used to using physical money than crypto currencies. Some people are not even aware about this type of money. Secondly, bitcoin is a decentralized currency.
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I think the first thing you must do is to work hard to upgrade you rank. You can't get bitcoin unless your rank is jr.member or higher. But of course,before anything else you need to get a lot of good and right information about bitcoin because bitcoin isn't just getting money or opportunity to earn money but also about the world of cryptocurrency.
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I think bitcoin is actually a good way to invest your money since it is profitable,and you'll get really a big amount of profit if you'll work hard. Not only that,since you are letting go of a big amount of money,you have to accept that you'll risk it to gain a big profit. However,some people say that investing in a good term is much better.
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I agree that ICO is the new way to get free money. But of course,this includes hardwork and a lot of effort before you will get that 'free' money,meaning it is not actually free. But since,there are a lot of scammers out there,its up to you to decide if you will trust the ICO or not. Read their whitepaper and look into their developers is the best way to know if its a scam or not.
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There are actually a lot of ways to earn btc,but it is much easier if you invest btc then it'll profit. also,if you join bounty campaigns,you'll get much btc profit. Some says that trading is also a good way to earn btc,but it depends if it's short tern or long term trading.
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I dont know who's Warren Buffet,but looking to what he just said,I think he have hidden anger with bitcoin. But well,we can't blame him. Bitcoin is working by internet means, it is a digital currency,and some people dont trust internet because of the 'trouble' it gives,so it seems they believe that it is fake. Actually ,it is really traumatic,and it's a good thing that I know bitcoin is real because I witnessed friends of mine who owns bitcoin. Maybe bitcoin is not yet a currency but someday,hopefully,it'll be.
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Since bitcoin is manipulated by the internet. I am afraid of the hackers that might break in my account. Eventhough I still dont have big amount of bitcoin in my wallet,I'll still be disappointed because it is the fruit of my hardwork. Also,unlike physical money, you can't transact with bitcoin because it isn't still approved by the government as a mode of payment.
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