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Bitcoin will always benefit you if you save them for the right time as people who have bought their bitcoins in the last year and are holding till date have made huge profits as price as gone higher like crazy in one year's time.
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Both are good. Trading is done to seek short-term profits. In trading requires expertise, experience and adequate analysis.
While investments are made to seek long-term benefits.
Yes both are risky but if you do good home work before investing or trading then you can expect positive results on your investments and if you are looking for quick profits then trading is the best choice for you. |
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5 bitcoins as of now and trying to get more and more every day either by trading or by gambling the only thing I want is that I want 21 btc in my wallet before the end of the year and that is the dream I am chasing for.
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I do believe that if I will work hard earning bitcoins in 10 years, that's not impossible to have the reality of getting rich with bitcoins. We are habing financial freedoms of digital currency so we must grab this opportunity now while it is still here. Becoming rich with bitcoins is a will not a fortune to wait for, we must have efforts to do in order to make it as reality.
Working hard and working smart should play together, by having a job and earning a good salary will already let you invest for long term, Just set aside something for the future so you will not be tempted to spend when the price will pump and dump. For me, I work hard and use the salary to buy the bitcoin and hold it for the long term. Its good to buy bitcoins regularly but make sure that you don't invest all your money only in bitcoins as in future if bitcoin price goes down then you will be making huge loss in it so always be smart while choosing an investment. |
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If people are selling their bitcoins now then it cannot be considered as a panic selling as they are selling to make profits out of it and if they have bought their coins at lower price then this is the best time to sell their coins.
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Having a full time job is the only solution to get steady and stable income and if you are expecting steady income in bitcoins then that is never possible as price keeps on moving up and down which will never help you in getting stable income.
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there was "income on line" before bitcoin too. you were just unaware of it. the payment can go through any online payment processor working with fiat or even banks or even physical cheques in the mail!
take a look at advertising networks for example the google adsense. or check the online freelance sites that work with paypal,...
as long as there are people online to work and others to pay, there will be jobs.
It's true that it's been there since long I just think it's easier now in bitcoin when compared to others, I think in bitcoin it's easier to get it fast Its not at all easy to earn bitcoins as even after working so hard you will get paid in very small amount and to earn more you need to multiply your efforts and I think earning fiat is much easier then earning bitcoins. |
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First of all I will never be interested in teaching my kids about bitcoin at that small age as if they come to know that they can gamble with bitcoins then they will start looking for quick money which can ruin their life in future.
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Bitcoin is not to hold for a long time and you should take advantage from each and every fluctuation to make quick profits which is never possible with gold and to make good profits from gold hold it for a long term.
Easier said than done. I agree that profit booking is extremely important with any type of investment asset. But making the decision with BTC is extremely hard. You never know when the next spike or crash is going to occur. So it will be better to have some targets in mind. That is true but the thing with bitcoin is that you don’t have to stick around and wait for a long time for the price to go up you can save and as soon as it goes up you can get profit from it, unlike gold that you have to wait forever until to make a noticeable profit from it, but still that is your option if you have the time and the patience. Yeah but you need to accept about the risk you will got too, gold is the safe investment. people who have invest their money on gold not worry like us who have invest money on bitcoin. Both have the same advantages but all depends on your intelligence in making predictions. No need to continue to use the word risk understanding, because basically all investment business is very risky, we are more trust in gold because it's legal and have ownership that's very accountable, and bitcoin is the right reason for the type of person who has strong mentality to continue making their economies double in an active way. People who can afford to take risks and who are looking for higher profits will surely invest in bitcoins as with price fluctuations they can make good money in quick time which may not be possible with gold. |
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I came to know about bitcoin in the year 2015 and at that time the price of bitcoin was around $300 but I couldn't buy more as even that price was high for me but now when I look at the price of bitcoins I regret for not buying more of them.
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Bitcoin is indeed sound money just like other fiats because I get paid whenever I render services in Bitcoin just like my full time job pays me fiat at the end of the month and have the feeling it is sound money.
Agree, I think there is no difference in money with bitcoin, both of which can be used for the transaction and buy anything, users also continued to rise and bitcoin from all countries thus the bitcoin better than real money. Bitcoin is definitely better then real money as its value keeps on going higher and higher in future and that is not possible with fiat money as inflation will depreciate its value which will not benefit people in long term. |
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Investing in cloud mining, doubler sites and going for gambling are the mistakes committed by most of the newbie as even I have made that mistakes in the past when I was newbie so we cannot blame them as its an common practice in bitcoins.
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Is bitcoin money? I think better than money. because with bitcoin can avoid inflation, currently save money same with store numbers, just look good but not worth it.
What do you mean by not worth it? Are you trying to say that its not worth to have bitcoins in wallet or it is just a waste of time and money and if you have that feeling then you are totally wrong as bitcoin is a future of money. |
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People should use bitcoins because its not only a currency but its also an store of value and if you save it for long term then you can become rich with it in future by selling them at higher price.
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now btc rate is high so you can sell your btc. after some time you buy btc when rate low. you don't think gambling it's risky.
It is a good point to sell some of our bitcoins if we buy at a lower price than the price now because we can secure our profit and enjoy it but don't sell all of your bitcoins because i am telling you that the price is not yet ripe for a fruit to harvest. You can continue hold your bitcoins and buy some when the price is low and make your sell point at least 2,000 price. If you had purchased the coins at a lower price (<$1,000), then there is nothing wrong in selling a part of the holding. This is how wise people make investment decisions. Already, you are having 40% profit in 30 days. Sell some one-fifth or one-fourth of your coins and invest in some other asset using that money. I did the same thing as I have bought bitcoins at very low price in the past so just sold few of them today to make some good profits and if price drops in coming days then I will be in a good position to buy some more of them. |
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most online investment sites are scams, invest online with BTC can only be of any interest if and when we have a central monitoring sites that can easily vouch for credible sites and also discredit scams then people can invest with confidence but right now i would advice you buy low and sell high,
If you have money then better to invest in bitcoins and keep them safe in wallet as investing bitcoins anywhere involves huge risk as you will never find trusted place to invest them and at the end of the day you will loose all your investments. |
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The future of bitcoin is very good and promising as its gaining more popularity and its also drawing more attention from the people across the globe so I think that will take the price of bitcoins to a next level in future.
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Bitcoin is an helping hand to me where I can achieve my desires very easily as bitcoin gives me an opportunity to earn some extra money so now if I have to buy anything then I don't have to be worried as I always have an good amount of money in my hands.
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Bitcoin is no 1 digital currency at a moment and I don't see any competition to it right now but there is no guarantee that bitcoin will maintain its position even in future as it may also get disappeared or get replaced by some other currency in future.
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Delay in transactions and transactions fees getting higher and higher have become an headache in bitcoins and if the same thing continues in future then there will be many people who will stop using bitcoins for sure.
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