Probably buying the most I can and earning as much as I can too, Then hold it and wait for a price increase, This plan depends on the price moving favorably though..
A more perfect answer, this can be done by any intelligent person, after being rich one have to do that two things(buying again more bitcoins and holding it to another possible long terms) to keep on living luxuriously. And you missed charity in that, after getting much richer that you can buy anything you want and can still invest more then you are in a situation that needy people and orphans need you and your charity. |
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I think trading is less like gambling because there is a lot more strategy and potential for knowledge to actually be applied in the stock market, as opposed to gambling which is typically based on random chance.
strategies, knowledge,... are really hard things to archive, and use, especially in trading. many people just jump in trading without them and it's like gambling. I will also like to say it as gambling with their money if a person involve there without these both, but it is only verbal, in actual these both are two different things, having different rules for doing. |
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In 10 years, most probably bitcoin would be in its almost perfect form, with fast transaction and maintaining its anonymity and decentralization...that would attract more and more investors to adopt it..
I believe that the devs are putting their strength to fix all know issue about bitcoin and if they can do that then no doubt that bitcoin will be perfect and will be used all around the world,lets just hope that the government wont do drastic measure about it. Yes there are a large number of investors and supporter to bitcoin even in this early stages, so after 10 years it will have a huge community to love it and support it. And the developers will have solved all the relating issues to it. |
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holding bitcoins, but is anyone holding on another other coins like ether or factom? the real question is for how long?
when everyone screams Sell, it's a great time to buy. So buy and hold the bitcoins for somelong. buy bitcoins and put it into coldstorage and stay away from gambling , hyip or any investment , it will be worth for next years Yes indeed. It has now indeed a good time to invest. Because you can make some more money later if you now buy it at a low price. So that will be good. But that is also risky because you can also lose some money if the value will be going down. It's very simple. You don't lose anything if you don't sell. If you sell in panic, then yes, you'll constantly lose money. Better yet just hold it as much as possible and dont let your guard down when theres news about the price decrease. Yes if the price is decrease then it does not mean that you have to sell your bitcoin but at that stage a time comes when everyone has to buy bitcoin more. As the era of bitcoin is not far away when the price will touch the moon. |
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As of now i dont earn in gambling unlike before now its hard to win in any gambling site. Martingale also not working any more and i think it depends in our luck if we can make a profit or not..
Gambling always depend in the luck and not guaranteed to earn from there anyway, very risky method and even the gambling sites are ready to make the gamblers losers in the most cases. I advice you stay away from gambling. Funny how people think there is a strategy in those house edge related games like dice and slots. Every bets are under their fair betting system so no strategy can applied here. Only pure luck. I do not like games like that as there you can earn only with the choice of machine otherwise no luck and skills works there, I like sports most as there winning require knowledge to earn there. |
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Reason why I gamble is I want to be entertained and kill time. If I will check my loses and winnings every day that's not entertaining anymore but it will add more stress and worries since I'll be worried that I'm losing my money. Just play, if you lose, so be it.
I know what you mean. I also go gambling for fun and killing time, because i always feel bored at home not do anything. so i go gambling for killing time. and also gambling make me lose and wins. Is there any good reason why people gambling for fun? What did you get from gambling just for fun? It doesnt make sense when you said that you spend money just to be entertained by gambling. People gambling of course to make some fortune so they can be happy but not losing Yes, you are true there are a lot of other ways available also but why people spend their time and money to gamble? They have to play other free games which also bring a lot of entertainment. |
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I consider this as not possible for sure, its just not reachable any time soon for sure, its too much for the bitcoin,
Maybe its possible in a few years but not before that, no doubts about that.
i think that it is highly possible if the halving event and the block size increase will happen soon enough, i hope this will surely happen as it would make me some money besides these two events i dont know why the price should grow that much though anything can happen when it comes to bitcoin price I also think that these two factors will increase the price more and more until reach to $5000, with that we can have that much bitcoin. We don’t have to lose any hope about the increase in price. |
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Yes i think the price of bitcoin is really matter. If the price of bitcoin is so cheap many people will not use bitcoin and if the price of bitcoin so expensive, many people will use it.
people will use bitcoin whether the price is low or high. it's a currency and an investment tool in one. just look at the early days when bitcoin was only worth around $1 per coin. there is no real difference with how the market and the people were using bitcoin back then and today. the only difference is that the price right now is much higher than when it was worth a few bucks. You are true, for those people who are using bitcoin as a normal currency for their normal use and not store them then price does not matter, they adopt bitcoin only because of their other features and because of it's demand in day-today business. |
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Gambling has neither fixed or wrecked my life, my life's in balanced state. (not sure for how long  ) You may have a good knowledge and skill about playing at there that is why you are balanced with it, but some other people who don’t have skills are wrecked with playing there, and are remained with nothing. |
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The best and safest way is just by holding it and wait til the price increase, because the teen wouldn't lose anything and the price would definitely increase.
Yes it the time to hold your bitcoin, as the price is increasing and within a few months due to halving the price will boost and I think will double up. So it will prove a good business and during that time he have to spend some time to learn other ways of earning. |
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I think this is not a good idea, because Bitcoin users are supposed to be anonym. So we can't just telling people how much Bitcoin we have, because it denying the principle of anonymity.
Yes one thing is that it denies the principle of anonymity and the other thing is that it will require a large time by the experts to suggest some names for it, the other thing is that if someone has some bitcoin as mentioned in rank 1, then it does not mean that he is earnig it through faucet or signature, maybe he has bought it. |
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I don't know why but I always get a feeling to gamble, after then losing my money, I quit for some time and then continue, but I know I will lose my btc  Why is it so addictive? I think every gambler feel that too man. Always want back to gambling and want win back their loses by gambling more later. but you will get more loses. That's right, every gambler think that the next time will replace his previous loses and win big amount of bitcoins, but in fact most likely he will lose again his hard earned coins. Yeah, the hope to recover his/her lost money back by playing again stick them to the game and due to this they never leave to gamble again at that place where tey have lost again and again. |
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Most of them are trolls and they are saying these kind of things to influence on the price. Make panic investors do some panic selling.
From what i've learned it's best to ignore these kind of people.
I also think so, people say like that because they want the other people who do not have enough knowledge to sell their bitcoin on lowest price, and so to get bitcoin on low price from them. |
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it's not beneficial IMO and is a bad hobby.
I also think like that it is not a good hobby especially for the people nowadays, as nowadays people do not care about their remaining life activities and stay with only one thing and spend hour at there. |
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Impossible to tell now because there are so many variables, How much exactly would be sufficient for you to retire "in USD"? How much BTC would worth in 20 years "which is impossible to tell lol" but probably around 1000 BTC.
Even if it is USD it is hard to tell also. We dont know if USD will also fall in the coming years. I guess it will the precious stones and metals who will be really valuable in the future. I think if the banks started to support bitcoins then he can then rely on bitcoins to use them as his retirement fund, because the banks do business with it and give some profit to the owner . |
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yes, this month is perfect o buy bitcoins, later it will be too late, after halving, prices will be higher than it is now, so buy now or cry later, i bought much as i could now
The price is very stable recently. So it is OK to buy now or wait a little longer. But the price will rise in June. Yes we have still 3 months to buy more bitcoins, after that we cannot buy more bitcoins for future increase but after that we will have to buy it on huge amount of fiat and then to use it. |
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I would go for the bitcoin for many reasons, one of them is because of the fact I was limited by paypal.
Bitcoin is just self controllable that is much better than being controlled by paypal's rules.
We also prefer bitcoin, and you are true that it is convenient and valuable for us other than paypal. But I think you have to announce your searchtrade on announment board. It is a thread to know the opinion of people about bitcoin vs paypal. |
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At a garden party in London in the summer 2012. Took me a while to buy my first coins though, unfortunately.
I also heard about bitcoin in 2012 for the first time, but it was not in a garden party or any other offline area, but on the internet a friend suggest me to hold that coin and suggest me to adopt bitcoin to earn online. |
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Paper money is always going to be needed in the future. Many people still don't even know what a Bitcoin is. In addition, many of the world's economies rely on printing it's own money. What we might see is a state sponsored altcoin to compete with Bitcoin. Banks are not in favor of Bitcoin.
Yes the future of paper money is safe and it don't have any threat from bitcoins even now and not even in future as if you compare the uses of bitcoins with fiat then you can get your answer very easily and its never easy to disappear the paper money so easily. I would say that may only be a few people who use paper money. banknotes will remain valuable even though. I'll admit that digital era where all financial transactions will be completely wiht online. the proof is already visible when you use a credit card for the transaction. for most people rarely carry cash in their wallet. is true The fact is that the paper money contain a national’s identity, so the nations will strive for the maintenance of its currency, and will leave remain it on certain places of the state. |
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worst mistake that i was made in bitcoin is, invested on gambling. Yes! I just bet all my bits at hig risk and lost all within a second  ~Rude Boy  I feel you man. Me too. I suffer from genetically being proven to this junk as well. so sad. lucky me! I was allerted by my friend in the first time I knew bitcoin that investing on gambling is too high risky. so he suggested me not ever to try gambling. And I say that, not only bitcoin but with any currency, if anyone is going to bitcoin then he do not have to bet with all of his money he have. But he have to invest there only a fraction of his money so that he can check his skills and learn. |
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