I have used bitcoins only to buy digital goods and never got a chance to buy any physical goods by using bitcoin as a mode of payment as bitcoin is still not popular in my country and you don't find any real place to use it to buy something as I always wanted to buy a smart phone and laptop using my bitcoin as payment method but now I think I need to wait for a long time to do that.
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Depending only on bounty for living can be really risky as you never know how much money you will get in the end and some bounties even don't pay their participants so if you depend only on it and don't get anything at the end of the day then it can affect you financially and can also affect your plans so having a full time job is always the best choice and treat bounties as an extra source of income so even if you don't get paid you have monthly salary which can take care of your living.
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Price of Ethereum was above $1500 few months back and right now its around $500 so either to hold or sell will depend on what price you bought your ether and if you have invested at higher price then selling right would be the most stupid thing to do so its better to hold it for a long term.
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If you don't need money now, don't sell. Bitcoin price will rise, we can already see some signs of it. And from experience we all know that bitcoin is the best investment on long term so be patient and te profit will come. You will not become rich over night but there are chances for decent profit.
Yeah don't just used bitcoin in unnecessary things, keep holding it because in the end you will find it more profitable. Considered it as along term investment because anytime of the year you will just find how big it grown. If other countries closed their doors in bitcoin but some countries embracing it so don't worry bitcoin has a lot of space to grow. Yeah bitcoin will surely grow in coming months and we should not be worried about the present downfall in the price as it can never be permanent and bitcoin will start growing once again like it did in the past so have patience and hold your bitcoins tight to get higher profits in near future.
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If you don't have capital to invest in trading then to build up your capital you should start your journey with signature campaign and whatever bitcoins you get from it should be saved until you don't reach to a decent capital and once you have good amount of bitcoin in your wallet you should start trading with it to grow your bitcoins much faster.
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Price of bitcoin has started to increase once again now so before its too late you should start buying bitcoin now without any delay as we may see price touching $10k once again in next few days and I genuinely believe that any price below $10k is very best time to make an investment in bitcoins and if you buy now then you will surely make some best profits by the end of the year.
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Bitcoin is always good as an additional source of income but we cannot really depend only on it for living as its volatile nature makes it too risky to depend on it and if you have responsibility of your family expenses then better to find a day job that gives you fixed income and treat bitcoin as an bonus.
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As a newbie you cannot join any signature or bounty campaign as minimum rank required is junior member or higher so I suggest you to upgrade your account and reach jr member and after that you will find multiple campaigns to join and start earning in bitcoins without any initial investment.
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Hello
When does the first week end and what is the cut off time for making the posts?
Thanks.
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I am holding Ethereum and Monero as its price will reach to the moon in future
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What are the best investment opetions for bitcoins to be put into? Please post here!
The ICO is becoming more popular. Many investors are investing their money to the ICO because ICO's are really profitable. I tried ti invest my money to the ICO and I earned triple of my investment. You can try to invest your money to ICO. That's right ICO is really good place to invest your money as it can give you best returns on your investments and now many people are showing interest in it as they are aware about returns as they can make huge profits in very short term.
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Faucets sites will never pay you that amount weekly and it will waste your time too so you can earn more then that if you join some signature or social media campaign as payouts are really good in it and you will be satisfied with the results at the end of the day.
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Investing money in bitcoin is the best choice as the price of bitcoin will go higher and higher in coming years and if you want to make some really quick bucks then you can invest in ico too as its price can pump too high once it gets listed on exchange sites.
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Majority of people on this forum gets bitcoins by joining signature and bounty campaign and by offering services and those who have been into bitcoins since long time will prefer to go for trading as it can give them higher amount of bitcoins depending on their knowledge and skills and also a capital invested.
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If you want to double your investments in bitcoins then best choice is to buy it and hold it for next few years and when price hits $10k you can sell your coins and make double profits on your investments and if you want to double your bitcoins then you can invest in altcoins where you will be doubling your bitcoins in long term.
Buy and hold bitcoin is a safe way, but I think it takes time and patience, most users can not wait, I recommend joining ICO or trading to make double bitcoin in a short time, but it is also risky. Buy and hold Bitcoin is risky too, mate! You must to know when you start to put your money on anything, even save your money in bank, the risk still alive around you and the worst situation can happen anytime. Therefore, be ready before start to buy Bitcoin or invest into anything. Saving money in banks doesn't involve any risky as you know that you will surely get some interest at the end of the year but the fact is the interest paid by banks is too low and if you invest the same money in bitcoins and hold it longer then you will definitely get higher profits in compare to what you will receive from the banks.
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No one knows what will happen after 100 years and there is no guarantee that bitcoin will survive that long as it may face many competition by that point of time and there will be many new currencies that will introduced by that time which will give tough competition to bitcoins and I think we should enjoy the ride till bitcoin is alive.
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If you think you should stop buying BTC, then you should sell all that you hold. It's basic logic that if you no longer feel confident in what you're buying you should sell.
No its not the same thing you are talking about the question is whether we should continue to buy bitcoins even if price is higher and that will depend on individual that what level of trust he has in bitcoins as if he believes that price can go much higher in future then he can continue his buying without worrying about the price.
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I am new to trading so cannot afford to take risk of going for day trading as it will only bring loss for me if I have invested in wrong coin at a wrong time so I believe in investing in the best coin with good volume and will have patience to hold it till I don't make enough profits out of it and later on may be will take risk of going for day trading.
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Gambling gives you quick money which is never possible with trading so even after making regular loss in gambling even if you manage to win one big game then you will never quit gambling and continue with it as it will give you quick results which may never possible with trading as you need to wait longer to make profits from trading.
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I was thinking April but now that we've broken through 5000 and even hit 6000 I wouldn't be surprised to see $10k hit as early as January.
Completely agree with you as no one expected that we will see $6000 price so early as we were hoping to see that price at the end of the year but now looking at the increase in price of bitcoins it gives me a feeling that we will see that price at the end of the year or may be in first quarter of next year and that price is not too difficult now to achieve.
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