This may sound odd... but I once had around BTC60 with me. Even when the exchange rate climbed to $1,250 per coin, I refrained from selling any of these coins. And that was a very big mistake. Later, I lost a majority of my coins in various scams. Also, sold a few coins to cover my expenses. Now I am having less than BTC10 in my wallets.
That's really sad to hear that you lost them in the hands of the scammers and that was the time if you would have sold your all coins then at this stage you would be in comfortable position. We cant really blame completely our selves because people are not perfect of which we could predict such situation like on having 60btc and suddenly the price rose up to $1200 mark which is somehow very regretting when you realize in the end that you should exchange it when the price is still high but we cant remove through our minds about the thing that it might rise even more. Yeah and if it happens to us then its an really disappointing feeling and it won't go through your mind for a long time, and if you loose them with your mistake like in gambling then you won't regret much but if you are getting scammed and cheated by others then that is really frustrating feeling. |
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dont ever think that bitcoin will disappear if there's no solid reason.bitcoin has a good and strong foundation. and it is very popular,there are too many user of bitcoin around the globe.so don't think that it will be scam like the other copycat although the price is so volatile but still its very solid.
The volatility is a great aspect of Bitcoin that attracts money from all kinds of people around the world. Without this volatility Bitcoin would be a whole lot less interesting, and thus not have that much money attracted as is the case right now. We should be happy with it. I am one of those people who are liking bitcoins volatility because of it. There are a lot of opportunities that we can have with bitcoin. Just like if you are going to buy bitcoins and going to hold it for a long time. Then you are going to earn money with it when the price is going to increase effortlessly. And as long as there are people who using bitcoin it is not going to disappear. Most of the people are investing their money in bitcoins so that they can make profits from its volatility on regular basis, and till its price is volatile I don't think there will be any decrease in the number of users. Very true. Some just wont understand that. They keep on ranting that it should be stabilized but it wont work for many of its users. If they really want a stable then they can go look for another investment. Yes if you are looking for safe and stable investment then gold will best suit you, as we can never expect price stability in bitcoins it will be always fluctuating. |
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What do you say? Isn't earning bitcoin through the likes of signature campaigns, tweets and posts really boring? I really think so, at least its not an attractive or appealing way to earn bitcoin or any money for that matter.
What do you think? What are the most interesting and appealing ways to earn Bitcoin Online?
i think earning bitcoin from signature campaigns, tweet and post is not make boring, because we can see that there is many chances for us to earning bitcoin and if we can hard work, then we do all we want to make eaning bitcoin. yes i know it will need times before we can get our first bitcoin, but its really worth to try. Working on signature campaign is really interesting at it also allows us to gain some good and updated knowledge related to crypto world and the earnings are bonus for us. |
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Just wondering why people use so many Bitcoin wallets.
I think its because for security reason. Using different bitcoin wallet is much better than to put all your bitcoin in one Wallet. We all know that nowadays lots of hacker in this world. So if incase one of bitcoin wallet is being hacked, they will not lose all of their bitcoin because they put it in different wallet. Yes having multiple wallets will reduce the risk of loosing them as there are many hackers who are keeping close watch on our coins, so even if something goes wrong with one wallet, the other wallet will take care of our coins. |
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I make it a point to check the price history of bitcoin and have some basis whether is it the right time to buy bitcoin or not.
If you are willing to hold them for a long term the you can buy at any price as price will be surely higher after 5 years which can give us some good profits in future. |
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For me real world job is the most effective to have a steady income, while I consider signature ad campaign in this forum as a part-time side job which is not stable imo.
yeah I did that. this time I worked as a staff in a company and it gives me a fixed income every month. I use Siganture campaign for extra income That is the right thing to do, earning from signature campaign is good as an passive income but we cannot rely only on it as we never know that when signature campaign will disappear. |
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if some one can give me guaranty about the fixed income from bitcoin then i will quit my day job for bitcoin, but i think still i can give good time to bitcoin if i even not quit my day job.
yes, it is safe to keep your job. If you could have trading experience, I would say yes, but without experience should not give up your job. Lol I think there will be no one who can guarantee that you will get a fixed salary in bitcoin. even many people still trying to earn a living in bitcoin Lol Its not possible for everyone to earn a living with bitcoin as for that you need to earn good amount of coins in regular basis but the earnings may vary from time to time and that is really risky. |
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bitcoin is yet not known by the most of the people in our country because there are very few only online services to use such currencies for the payment.
I think in all countries of the world bitcoin is not so popular. if bitcoin has been popular in a country. I can assure that there will be a lot of stores in a country that accepts bitcoin, but i havent heard it Bitcoin have started to gain popularity slowly and steadily but getting used and accepted at physical places will take really long time as its popularity is limited at a moment. |
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Yes, sometimes and most of the times I have lost in gambling, but I have never invested in any cloud mining sites or else, my loss would be even higher at this stage.
Yeah it was smart decision of not investing in any cloud mining site, I have always been away from those sites but have lost many times in gambling in the past and the journey still continues. |
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First of all, i'll convert half of them to fiat. Remaining will be used to trade with Altcoins.
Yes its always good to have some hard cash in hands so that we can use it or invest it somewhere else, and with rest we can start trading where we can expect some profits on regular basis. |
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Not many people in my community use bitcoin and I wouldn't be surprised if I am the only one.Bitcoin is still not popular
you could post on your timeline facebook or another social media about testimonial when you each success time earn bitcoin. the example: when you can get 0.01 btc of trade of altcoin, then you could post the result of your success. no problem if you have a few little friends only, you friends will be a much along time you consistent on your activity do it everytime when you success, and share to your friends, reply the question from your friends, and the finally you will get you own community from time-to-time along time your friends see your success  But the fact is most of the users will not prefer to disclose their earnings in public, so I don't think it will work as even I don't prefer to tell my friends how much I am earning from bitcoins. |
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I would accept if they send my salary equivalent amount of btc at the current rate of INR. I'll just convert it to fiat without delay. SO that i may not loss.
That would be pretty pointless though wouldn't it? I mean if the first thing you gonna do is convert them to your local currency why not just get paid in INR directly? Also, no matter how fast you are in exchanging them, there is always a small chance you could lose some money since BTC price changes pretty much every second. Plus not to mention it would be a ton of hassle especially if you need money urgently. Yes and you also need to pay transaction fees every time you convert them to fiat and may be if price falls then you need to wait longer to convert them and it would be horrible at the time of emergencies. |
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I have more that 0.5 bitcoins, that came from different sources like signature campaign, some faucets and some I bought. It's been a little over 5 months since I got into this and I may not reach one whole bitcoin before I get to sell everything. Will just start over if I have to.
Wow lucky for you to still keeping your btc me i really wish to achieved that before this year end well im trying to work with trading keeping my hope but i can see some good indication good luck to you op. This is the time to collect as much bitcoins possible as earning them is not difficult at a moment and even price is low so we can afford to buy some of them but things will not be the same in future. |
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Good or not it can not be sure because we can not guess what happens in the next few years. It takes confidence to be able to invest 1 BTC. If last year someone had invested bitcoin until now, I'm sure now he gets a very big advantage. Any hope of such events also occur in the future.
Investing fiat in buying 1 btc is not a big deal, over a period of time it will surely benefit you and if you can manage to invest in it at a moment then you should not hesitate at this is the best time to buy. |
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Right now i trying to mining a lot of coins, i thinking its mabey its good to save the coins like 6-12 mdr before selling it.
Can orther explain about its a good point else about the risk its to high to lose to lot on it?
Mining coins does not do much now so I suggest that you stop with mining coins and just buy them with your own money. You should then save them and sell them for more money in the future. Yes mining is no more profitable at a moment so its better to buy them and trade with them and try to grow them and sell some of them when you see higher price to make good profits from it. |
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If you produce, you can at least every day. But buying bitcoin only fall is a good time. In this case, the result is predictable bargain.
. We never know what is the lowest price to buy bitcoins but if we are comfortable to buy bitcoins then we should go for it at this stage as price will be surely higher in future |
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I wouldn't accept bitcoin as my salary cause bitcoin is volatile and not to be trusted with yet unless it's just an investment.
But with investing i do trust it as an investment but my salary would be too precious to trust it in bitcoin already
yeah its hard to accept salary in bitcoins at a moment as price is not stable and we are not sure whether it will be higher or lower in future so cannot afford to go for it at a moment. |
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Value in the bitcoin bitcoin. For me, the main goal to collect bitcoin until its price will not go up. I very much want to wait when the price will be about $ 1,000 per 1btc.
Majority of the users are holding their coins so that they can sell their coins when it reaches to the price of $1k but to be honest I feel that it will take really long time to touch that price. |
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I don't have any plan to get rich with bitcoins as to get rich with it I need to have huge amount of coins in my wallet and as of now I don't see it happening with me.
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Hmm. I think almost all of the people here cares about bitcoin cause if bitcoin price decreases or if the bitcoin itself falls then What's the use of your bitcoin plus you will have to look for another way to earn online
Even if price falls then you need to have faith in the potential of bitcoins that it will rise again in future and one who is aware about it will never prefer to leave it and continue to hold it for a long time. |
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