In my opinion, the best method to teach someone about Bitcoin is by inviting him to this forum, so he can learn a lot about crypto currencies
Exactly someone coming into bitcoin forum would really understand and learn much about the bitcoin and all relating technologies. the easiest way of teaching someone about bitcoin (or anything else) is to use a good video. it is faster too. and there is a lot of good videos that you can choose to show for bitcoin Just tell them that they can earn money from it and I bet they will start to know bitcoin on their own, and they will try to collect as many information related to bitcoin. |
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They will stop using Bitcoin if they know that you can lose a lot of money with Bitcoin and if the value will not rise and that the value is keeping stable because that is not good.
If you started to use Bitcoin you must also know that it can take a really long time to get some profit, it is not that easy to make that money fast.
So it will be nice if you can have some profit with Bitcoin, you have only to wait and see.
People lack patience and when they see price fluctuations they feel that bitcoin will not survive in long run, and that is the reason they hesitate in using or investing their money into it. Yes people lack patience. At present more people had lost their patience and sold the bitcoin after a long holding. The reason behind it was, the price has not grown much for a long time. Only minor fluctuations had taken place. Yeah major problem is that people don't like to hold it too long as everyone wants quick profits which is not possible and if price don't goes up they start selling at lower price. |
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If you want to earn a descent amount of bitcoins then you should buy higher rank accounts, as the rate of posting varies for different accounts but before doing that I think you should learn more about bitcoins.
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There is always a time that you have to sell your Bitcoins, otherwise you cant even make some profit with it and that can be really bad for you.
But the bad thing is that you never know when the time will be to sell your coins, sometimes you can wait a really long time for it and that is not good for the most people.
It will be nice for you that you can sell it soon so you will have some profit with your Bitcoins.
Only holding cannot be profitable as if the price is higher then you should sell your coins rather then waiting too long as you never know what will the price over a period of time and if price drops then again you need to wait for a longer time. |
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Yes, it's always be my purpose for me to hold it as long as possible just like I'm save my gold for my future need.
Once bitcoin reach my prefered target, I may sell them for profit
Yeah, that's good if you can hold your coins for a longer time. Since you already have experience in keeping your gold, I think you can hold your coins til the time that you can see a good profit to sell it.You need a lot of patience with that and a strong heart to avoid panics when the price dip. Yes if you have patience and if you can afford to hold it for longer time then it can be more profitable for you as price would be much higher in next couple of years, so its better to hold till then. |
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If you can get more then why not. Dont think of it like a seed that you dont need to water or give sunshine and will still grew. You also have to take care of it. Yes you can leave it there but there are some options too that can make it faster.
Yeah that is right. it is a good long term investment if you can buy today, would be nice if you could buy at a low price...And yes, it is safe if you take good care of it and read first or have a research first if you are going to grow your coins if you have them now...as there are many ponzis that keeps on popping out anywhere and promising a too good to be true profits.. so better watch out for that if you want your bitcoin be a long term investment.. Buy 1 btc now and hold it for next 5 years without touching it, and you will get your answer, as the value of bitcoin will be skyrocket after 5 years, so its gonna be good decision if we buy 1 btc today. |
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2022? I think it's too fast buddy. Bitcoin needs to be known well first. you know, perhaps many people out there know bitcoin, but don't know it well. so they're not willing to collect it. I think it still needs more years like 25-30 years to be used by not almost, maybe some of people in the world.
6 years is not short time,and bitcoin have so many upcoming event,it all is big event,and all expert or developer will start to think deeper to make bitcoin become bigger than now,just believe in 5 or 6 year everybody will know or use bitcoin. I personally think that it will not used by everyone, you never know what can happen with Bitcoin and Bitcoin is also impossible to predict so you dont know and that can be bad. But indeed you can see that Bitcoin is now being more used and that is quite good for Bitcoin and for the people that already use Bitcoin, the value must only rise now. We will see more users using bitcoin by 2022 but really difficult to predict that whether everyone would be using it or not as in majority of the corner of the world people are not yet aware about it. |
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I think that the smart way could be stop gambling. Gambling has to be only for fun, not as an investment. If you play for fun you will do it with small amount of money, if you loose it no problem. But if you take gambling as an investment you will play with bigger money, and if you loose it you have a big problem.
Yes only gamble that you can afford to loose, the smart way is to gamble on sports that you follow and you have knowledge of that sport, that will allow you to win majority of times. |
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It's very hard to explain what is Bitcoin to women i tried many times but it not works. Too much of questions how it works? where money will deposit? how to draw that money? etc etc. I tried many ways like showed my bitcoin wallet said this is my balance and 1 bitcoin is equal to this much everything on bitcoin website and bitcoin card also from this we can draw our money after that i got one very funny question from her like how money will store in this Bitcoin address like how can we trust this. really i got headache to explain this please share me is there any easy way to explain what is Bitcoin Thank you.
That's normal in a woman, they tend to ask things over and over again to make sure that they will not fail when they try our idea...You need a lot of patience when explaining to a woman. But sometimes even if you patiently tried to explain everything if a woman has a doubt on your explanation and don't trust you, they will just go circling a question until you finally give up.. That's true I think its really difficult to convince women, as they don't have habit of trusting someone very easily they will continue to do what they feel good and sometimes explaining them can be irritating too  |
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I think its right now better to hold them for the future the bitcoin itself has, the halving is coming this year and I think it will be very sweet.
Overall I also think the bitcoin will be worth more these days due to the point the bitcoin has a good future a head and more people are investing in it.
Yeah majority of people are buying and investing their money in bitcoins, as we have halving this year and majority of us think that price will be higher in future so I think this is the right time to buy. |
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May be you are right. but in my opinion investing in btc is not bad. the main thing that attract me about btc is that no one hack btc. people who are using btc are making its value high or down. when we see about advantage of btc then we are sure that btc will never go down.
It can go down sometimes but that's not a major issue, price ups and downs is a normal thing in bitcoin and I think if we invest in bitcoin now then we can expect best returns in future. |
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nothing is easy when earning money. If you have some skill you can offer services. You can also earn in signature campaign, we're all doing that here. And you could try a captcha job.
cannot get your bitcoin doubled as guaranteed. if the site tells they guarantee bitcoin doubling then it is explicitly a ponzi scam without doubt at all,, Yes and if there is any website that can double your bitcoins then every one of us would be billionaire, I mean why would we spend time here in earning if we can multiply in short time. |
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For me not possible at a moment with current price, if the price is affordable in future then I can think of getting into bitcoin as a full timer but not before that.
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When I had to transfer bitcoin for the first time I sent it to wrong address and I think tht was the worst mistake made by me till date.
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bitcoin is the best and paypal is the worst..just on my own opinion.
cause bitcoin does not need any info for you to register,unlike paypal you to link your credit card in order to get verified
but dude, the users of paypal are more in compare to bitcoins and that is a reality and you will find almost all sites accepts paypal, bitcoin is still not that popular. |
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Without any hesitation I just believe in bitcoin. Bitcoin will continue in its growing path with increased demand which creates an opportunity for price rise.
yes and as an user of bitcoin we should always have faith in it and we are very much sure that the price of bitcoin would be much higher in future. |
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Buying bitcoin will give good profit as the price is found low than the past few days. So you can get a small profit in buying and increased profit in selling if sold after halving.
Yes this is the perfect time to buy bitcoins as the price is relatively low and you can sell at the time of halving when price reaches to a next level. |
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Should you stay or leave? It depends on when you entered bitcoin world, if you have waited long then you should stay as staying can be profitable in future.
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I heard that bitcoin will be widely accepted by the year 2016 but still I am not seeing it happening not sure when that day will come to use bitcoin directly.
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Im brand new to bitcoin, so i do not know a lot about the halving, and what benefits it has, or negative affects. But i have heard a lot about it, so I'm excited to see what happens.
Normally it is said that the price will go up since miners get half of the reward well their cost remains the same. Which means the reward should double. But with the next generation miners miners can still mine with profit at the current btc price, which there is no need for the price to go up. I think price will go up at the time of halving and majority of us are expecting it, and I have a feeling that we will see much better price when halving occurs. |
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