I did the faucets,
doing the service with my talent / skill.
doing the surveys.
and i got about $20 worth of bitcoin.
how can i start to gain more bitcoin with it?
should i invest? but its too low, it just $20.
or should i do exchange and gain some with it?
if anyone got some advice, please tell me.
since i was new to bitcoin.
thanks...
You are lucky you earned $20 from faucets and survey.Although it is not a big amount but in bitcoin it could make a huge difference.You can invest this amount in some good ICO Yup that's a good choice to invest in ico where he can make some good profits in coming time and it may take time to earn profits but he will surely not loose his money. |
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by see the title of this topic , it seems that it is easy to decide which is better ,that is bitcoin , but we read about Bitcoin than we became fearful that it is only data and can be loss if someone erase this data from internet .
here for long term investment gold will be better option then bitcoin .
Yes gold investment is safer in compare to bitcoins as we are sure that gold will always exist and won't disappear so easily, no doubt profit making process can be longer but that can be managed. |
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I don't spend any bitcoin in real life because bitcoin are very important to me I am trying to reach an as high amount as I possibly can.
I do this cause bitcoin is my investment and I want as many as possible before prices are high.
Its an investment for majority of us but we also need to use it as a currency and should spend them as if no one will spend their coins then it will never take its price higher in future. |
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i am not doing anything with bitcoin i am just gathering bitcoin for next generation. when i will have 1 bitcoin then only i will open my wallet to see the miracle. 1 bitcoin would buy me a camera for shooting professional photographs and that would become my career. hope nat geo will call me for wild photography. waiting for yay adventurous life in jungle, hill, see, ice everywhere.
maybe in the future the price will rise very high bitcoin. we will not know how much the price can be obtained. bitcoin price may be very high and may also bitcoin prices could fall very far. Yes anything is possible in future, either price will go higher or lower so the best thing would be to sell them when we see higher price and buy it again when price drops instead of simply holding them for long term. |
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I am going to open a business in the real world. I will sell a variety of peripherals to computers.
I love this type of work, I will be able to work with the heart. because the work is performed in accordance outright.
Yes 21 btc is enough to start a business in a real world and if you put best efforts then you can expand your business in future which will generate more profits for you and it can be less risky in compare to investing in bitcoins. |
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There are multiple ways, sell some of your skills in freelancing and get btc, sell good and get btc, if you gamble then you can earn much much or straight away lose it simple.
Signature campaign, trading, holding coins and value if increases you earn profits.
You just summarized all the fastest ways to earn bitcoins. But in my experience there is no fast way is available to earn bitcoins. When bitcoin is having some value, how a we could earn faster like it is available for free. But, comparatively to earn bitcoins fast, we must do some business or offer some skill based services. That's true and if you are looking to earn it fast then risk will always follow you as there are no safe ways to earn it fast and most of them are risky which can bring loss for you. |
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Well you could just go around searching for places that accept Bitcoin around where you live. For me there is practically no shops that accept Bitcoin, so I just use a Bitcoin debit card and that makes life a lot easier.
yeah you can use bitcoin debit card because it uses the same as when you use a visa or mastercard or even use the system, but if you are in the village shop, of course bitcoin debit card will not work, so I really hope there is a bitcoin ATMs in every major city in the world No. Bitcoin debit card will not have any different from other bank/ATM cards for village or cities. If a village has the facility to accept master/visa cards, then it will definitely accept bitcoin debit cards too, if that bitcoin debit card provider is offering services to that country. I mean to say bitcoin debit card will not have any difference from other card types. Yes it will be same as bank cards and it will be accepted everywhere where credit cards are accepted so I don't think there will be any problem in using them for shopping. |
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What would you do?
Move onto another coin?
Cry all day long?
Throw your computer in the pool?
Eat 100 bananas?
If it Really Happens Then I Don't Cry And Move To Another Coin and Start Mining Of the Coin..... But According To Me It is Not Possible Because Bitcoin is a Big Coin And I think Its Not Possible that Bitcoin Would Die... We cannot be sure about anything, bitcoin can die in future if people stop using it or if it gets replaced by some new coin which may benefit people in better ways and if that happens then people will surely switch to it. But, in my opinion bitcoin will survive any new technological advancement like any new advanced crypto currencies too. It is simply possible as bitcoin will have all the capabilities to adopt any new technology or any new demand. So, I never worry about that bitcoin will loose its significance by any means. I'm very much confident that our future is completely bitcoin dependent. Yeah bitcoin is gaining popularity and it will be adopted by many countries in future and which will take its price to higher level so I don't think we need to worry about its future. |
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I guess we will see everything fall and bitcoin rise  I dont think it will drop below 400 in the next 8 months. It is not smart to sell everything at once because the value of the Bitcoin can always go up again, that means that you still can make more money. But if you have just sold them all then it is not possible, you should always save some instead. I think depends on the scenario. We all know that in bitcoin price fluctution, there is this cases where spike is extremely too high then after several hours it go back to its normal price. So i think if we seen this kind of scenario happening, it is right to sell all your coins then buy back at the normal price. Yes exactly, I think it depends on the situation. whether you buy when cheap, and if you've been feeling a lot more profit. It's good to sell everything. and buy more when the price goes down, because it's definitely priced bitcoin will decline. or sell all of it in the future when the prices really are at a very high value, yeah at least above $1000 fine for selling everything. Yeah and selling everything will depend on the entry price at which you bought your coins if you have bought last year when price was around $300 then there is nothing wrong in selling them at current price as you have already doubled your profits. |
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You can do both. Trading will make you some quick cash if you trade properly. If you invest, then you will make more money but over a longer period of time.
Yeah and I think to be on safer side we should invest our money in real life, like gold, real estate where the chances of loosing money is very less and you also don't have any fear of getting scammed. Yup You are perfect on your word because most of the people use to get scammed on the online investment such as share market or any other kind of investment. In trading also we have some risk factors including on that. Kind of real estates or gold investments are comparatively much safer I guess. Exactly and I think gold is the safest investment to have, if you check the past record of gold then majority of investors have been benefited from it and gold has never disappointed its users. it's the benefits of investing on gold but keep in mind that gold is really slow when it's about increasing its price and it's why so many people out there saying that gold is really stable especially if you compare to bitcoin,only those who can patient will match well with gold i think gold is more stable than any other investment and many people buy gold and hold it for long term. and for me, i would prefer doing both, trading and investment. trading for making money, and investment for hold in long term. If you want to make good profits in future then I think its better to invest in both of them as both have great potential to give us some best profits in long run. |
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I will surely prefer to invest that amount in different altcoins and try to grow them in long run as I think its a huge capital to invest in altcoins where there is always opportunity to make regular profits.
As bigger capital you have as more fun it is to earn profits in trading that is what i feel, because i really like trading alt coins with a good enough capital which can give you some good regular profits. Yeah investing them in altcoins is the best thing we can do at a moment and 3 btc is not an small amount and if you can manage to play with them smartly then you can expect good profits from it. |
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We cannot really compare them to each other as both have their own advantages and disadvantages and if we have an choice to invest in both of them then why to go with an single option.
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That's just $12600. Enough to make a reasonable reserve, but not enough to make things easier.
Would just save them and keep doing the same
yes right to say but i think 21 bitcoin is still a good amount of money for investing in alt coins or any other business, you can really make a good profit from 21 bitcoin. Do not invest all 21 btc at a single place as if anything goes wrong then you will be loosing every thing at once, its always better to diversify your investments to minimize risks. Diversifying your 21 btc would be the very best thing to do rather than putting all in on a single investment as you said if that said investment would lost then your money would loss all and you would really have a hard time to cope up with it unlike on diversifying your money to different investments which you could able to recover from other investment if one do fail. Yup that is a good strategy as we are not aware which investment will work for us or which will fail, so investing in multiple products will surely minimize risk as if one fails you always have an chance to recover it from other. Yeah and if you see higher price in future then you can sell them at any point of time and you can invest that money in real world from where you can get good profits in long run. |
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We need to learn the market and successful investments then we can discern their bitcoin profitable. Good investment key to success
investment can double your money, you do not need to gamble to double your money, because the investment will be much more secure, although it takes a very long time Its better to wait for long time to make profits instead of loosing it with an blink of an eye, as gambling will never promise you to double your coins in fact majority of times you will be sitting on loosing end. I remember people having won a decent amount of coins whilst playing dice, and as a result they have made it rain in the chat. Maybe 10 minutes after that, the same person that made it rain, lost all his coins in a bad streak. This is how fast you can go from extremely happy, to devastated in a matter of minutes. That's why you should skip gambling entirely. You can make money from gambling if you are smart enough and if you know when to quit, and if you follow this strategy and if you quit after winning then you will be seeing some good money in your wallet. |
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Uhmm i dont know what to do because tbh it never came into my mind that price would rose into $1M in the future. But if ever(even its really impossible) i would buy a lot for my family that i am going to build.
Just think about it that you have 1 bitcoin already and the price of that bitcoin is almost $1M dollar and now think what to do with it are you going to buy an house and lot ? or you will going to spend that all with your family and love once and i think like what you say it is impossible that bitcoin will be grose to 1m Yes that is something will never happen with bitcoins, its too high to expect from bitcoin and I doubt that people will prefer to hold their coins that long till it achieves that price. that something its impossible but it could be possible in future, and for 5 years until 10 years, i think its really hard the price reach in $1M, except the fiat is change into bitcoin then maybe it will be possible. That is never possible, and you mean to say that there will be no existence of fiat and only bitcoins everywhere for spending? That will never happen and fiat will always show its presence even if bitcoin reaches to the moon. |
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People who are holding huge volume of coins will never prefer to keep all their coins at a single place and will go for multiple wallets to diversify their risks, but if you have limited coins then its always good to have them in a single wallet.
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I earn around 2 btc per month and it gives me a great level of satisfaction as that is the amount I am earning along with my full time job and to be be honest I am living luxury life now.
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No I would not like to get bitcoin as my salary due to the fact that its not handy for my billings I have to do every month so because of that I would never do this..
yes same problem is facing so many people, in our area we also facing the same problem, we have no facilities to use bitcoin in our local markets, Exactly that is the major problem with most of the users and for the same reason people will never prefer to accept salary in bitcoin not for at least at this stage but in future things and perception can be changed. I think the volatility aspect weigths heavier than people not being able to spend their coins widely. If the price would be stable, Bitcoin wouldn't be as interesting as an investment as is the case right now with all its volatility. If price would be bit higher and even stable then I don't think that people would mind in accepting their salary in bitcoin and at a moment both those features are absent in bitcoins and that is the reason people are not going for it. |
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Why dont you want to sell your coins i dont think there are so many people who want to selltheir coins right now because the price of the bitcoin is not very high at the moment.
I think it's well done by people who have a lot of money, they will not sell their bitcoin or hold for the future when the price really goes very high. but for those of us who don't have a lot of money, of course, we always have the need, so have to sell bitcoin. Yes people who are earning only from bitcoins or who don't have higher salary will prefer to sell their coins on regular basis to take care of their expenses and that is the right way to treat your coins. |
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Buy 1btc today just for holding, no it is not good decision IMO. We do not know when btc's price will increase, we may wait for so long time (years) for 2x profit if we only holding it. Invest it on trading with altcoin will be much profitable and we may get profit faster. Ofc, there is a risk of losing it all but that's what called by investement.
Risks should be taken in order to make good and quick profits only holding will not serve the purpose as you need to wait so long even to make small profits from it. |
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